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Category: Europe

  • MIL-OSI United Kingdom: ESFA Update: 25 September 2024

    Source: United Kingdom – Executive Government & Departments

    Latest information and actions from the Education and Skills Funding Agency for academies, schools, colleges, local authorities and further education providers.

    Applies to England

    Documents

    ESFA Update further education: 25 September 2024

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    ESFA Update academies: 25 September 2024

    HTML

    ESFA Update local authorities: 25 September 2024

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    Details

    Details

    Latest for further education

    Article Title
    Information: The updated 16 to 19 study programme guidance is now available

    Latest for academies

    Article Title
    Information: Land and buildings collection tool guidance and workbook 2024
    Information: Post-16 schools budget grant
    Webinar: Risk protection arrangement (RPA) members only – contractors workshop

    Latest for local authorities

    Article Title
    Information: Post-16 schools budget grant
    Webinar: Risk protection arrangement (RPA) members only – contractors workshop

    Updates to this page

    Published 25 September 2024

    Sign up for emails or print this page

    MIL OSI United Kingdom –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10-14 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for security RU000A101590 (DOM 1P-7R) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:14

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on September 25, 2024, 10:14 (Moscow time), the values of the upper limit of the price corridor (up to 101.4) and the range of market risk assessment (up to 1093.89 rubles, equivalent to a rate of 7.5%) of the security RU000A101590 (DOM 1P-7R) were changed.

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

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

    https://www.moex.com/n73411

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10-13 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JUKX4 (DOM.RF30ob) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:13

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 25, 2024, 10:13 (Moscow time), the values of the upper limit of the price corridor (up to 102.91) and the range of market risk assessment (up to 1070.1 rubles, equivalent to a rate of 8.13%) of the RU000A0JUKX4 security (DOM.RF30ob) were changed.

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

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

    https://www.moex.com/n73410

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10-02 (Moscow time) the values of the upper limit of the price corridor for SWAP transactions and the range of interest rate risk assessment for the TRYRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:02

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 10:02 (Moscow time), the values of the upper limit of the price corridor for swap transactions (up to 0.001968 rubles) and the range of interest rate risk assessment (up to 0.002819 rubles, equivalent to a rate of 122.73%) for the TRYRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73408

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Government representatives discussed the organization of children’s recreation with deputies at a joint meeting of the State Duma committees

    MIL OSI Translation. Region: Russian Federation –

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

    Dmitry Chernyshenko in the State Duma at an expanded meeting of the Committees on Family Protection, Fatherhood, Motherhood and Childhood, Labor, Social Policy and Veterans Affairs and Control

    September 25, 2024

    Dmitry Chernyshenko in the State Duma at an expanded meeting of the Committees on Family Protection, Fatherhood, Motherhood and Childhood, Labor, Social Policy and Veterans Affairs and Control

    September 25, 2024

    Dmitry Chernyshenko in the State Duma at an expanded meeting of the Committees on Family Protection, Fatherhood, Motherhood and Childhood, Labor, Social Policy and Veterans Affairs and Control

    September 25, 2024

    Previous news Next news

    Dmitry Chernyshenko in the State Duma at an expanded meeting of the Committees on Family Protection, Fatherhood, Motherhood and Childhood, Labor, Social Policy and Veterans Affairs and Control

    Deputy Prime Minister Dmitry Chernyshenko spoke in the State Duma at an expanded meeting of the committees on family protection, fatherhood, motherhood and childhood, labor, social policy and veterans’ affairs and control.

    The event was also attended by the Minister of Education Sergei Kravtsov, the Minister of Health Mikhail Murashko, the Deputy Chairperson of the State Duma Irina Yarovaya, the Chairperson of the Committee on Labor, Social Policy and Veterans’ Affairs Yaroslav Nilov, the Chairperson of the Committee on Family Protection, Fatherhood, Motherhood and Childhood Nina Ostanina, the Chairperson of the Control Committee Oleg Morozov, the Auditor of the Accounts Chamber Dmitry Zaitsev and others.

    During his speech, Dmitry Chernyshenko noted the importance of ensuring effective approaches to health promotion, upbringing and additional education in children’s camps.

    “The topic that united us all here is summer recreation and health improvement for children. It is extremely important and has significance for ensuring a full future and development of our children. I would like to thank the entire deputy corps and personally the Chairman of the State Duma Vyacheslav Viktorovich Volodin for their special attention to this area and their readiness to resolve pressing issues,” the Deputy Prime Minister noted.

    He expressed confidence that all participants of the joint meeting will make every effort to make an effective approach to strengthening health, developing physical and creative skills of children, providing the opportunity for upbringing and additional education during their vacation and stay at the camp.

    Dmitry Chernyshenko emphasized that education must correspond to the instructions given by Russian President Vladimir Putin and to domestic spiritual and moral values.

    “We are taking a completely sober approach to assessing the situation. We understand how much still needs to be done. We clearly assess the positive dynamics, they are in all areas. It is important to understand whether they are sufficient or not and whether we need to redistribute priorities and make some more efforts. We analyze all these parameters and make sure to refer to them during our regional visits,” the Deputy Prime Minister said.

    He also thanked Irina Yarovaya for developing the draft law “On Amendments to the Federal Law “On the Basic Guarantees of Children’s Rights in the Russian Federation”, which provides for the preparation of a unified program of educational work in children’s camps.

    Minister of Education Sergei Kravtsov reported that the issue of raising the status of the interdepartmental commission on issues of organizing children’s recreation and health improvement to the level of a government commission has been worked out.

    “We are discussing the interim results of the past health campaign and talking about the tasks for the future. Currently, there are slightly more than 2 thousand stationary children’s camps operating in Russia. We are building new children’s camps, the International Children’s Center “Artek” is expanding. The construction of the federal center “Pechory” continues. We hope that we will open it next year,” said Sergey Kravtsov.

    The head of the Ministry of Education noted that a common strategy for the development of education is needed, which will unite the system of secondary vocational education, general education and children’s recreation.

    “Today we are preparing a general strategy for the development of education, where children’s recreation will be one of the components. And we set the task of approving this strategy before the start of the next summer health campaign,” he said.

    In addition, Sergey Kravtsov said that all pedagogical universities subordinate to the Ministry of Education have organized training for camp counselors, and their training program has been approved. Today, there are almost 88 thousand camp counselors in Russia. The monitoring of organizations involved in their training is currently being completed. Its results will be presented at the All-Russian forum “Big Meanings” in October of this year.

    Health Minister Mikhail Murashko reported that issues of medical care for children during summer holidays are legally regulated, and that children’s camps are sufficiently staffed with medical workers.

    “In 2024, 20% fewer children fell ill in health camps than the year before. The trend is positive. The health period with the formation of healthy habits and healthy behavior allows us to work with children most effectively, including with physical activity. We must not forget the issue of childhood obesity, introducing programs for proper eating behavior, prevention of bad habits,” the Minister of Health added.

    Deputy Chairman of the State Duma Irina Yarovaya noted that the common task of all departments and regions is to help organizers of children’s recreation, to create conditions that will make accidents and any unfavorable consequences impossible. She emphasized that it was precisely these approaches that had yielded their high-quality results.

    Irina Yarovaya added that universal formats for raising children in summer camps are needed; counselors should have a tool that will allow them, regardless of their experience and education, having a set of uniform programs, to implement them with equal quality.

    During the event, the deputies asked the speakers questions of interest to them about the development of the children’s recreation system.

    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://government.ru/nevs/52792/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: Improvement of control over aggressiveness of applications on the currency market

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    From October 14, 2024, it is planned to introduce a revised mechanism for controlling the aggressiveness of limit orders in the foreign exchange market system.

    In cases where a remainder is formed for the submitted order, and the price at which this remainder will be put in the queue exceeds the maximum deviation of the transaction price from the value of the best counter order in 1%, such remainder will be removed. The introduced restriction does not apply to simple maker orders that are put in an empty order book. The introduced restriction applies to the “Put in the queue” order types and orders with a hidden number of lots. Contact information for the media 7 (495) 363-3232PR@moex.com

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

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

    https://www.moex.com/n73415

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: The deposit auction of the Moscow Small Business Lending Assistance Fund will take place on 09/25/2024

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The date of the deposit auction is 09/25/2024. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 264,000,000.00. The placement period, days is 191. The date of depositing funds is 09/25/2024. The date of return of funds is 04/04/2025. The minimum placement interest rate, % per annum is 20.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 264,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 11:00 to 11:10. Bids in competition mode from 11:10 to 11:15. Setting the cutoff percentage or declaring the auction invalid before 11:25.

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

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

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

    https://www.moex.com/n73414

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Congratulations on Nikolai Omelchenko’s anniversary!

    MIL OSI Translation. Region: Russian Federation –

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

    Autumn still doesn’t want to come into its own, because we haven’t yet celebrated the 75th anniversary of Doctor of Historical Sciences, Professor and Head of the Department of Public Administration and Political Technologies of the State University of Management Nikolai Omelchenko. And it’s today!

    Nikolay Alekseevich is one of the most active historians of our university. Having received a higher education at the history department of Lomonosov Moscow State University, in 1991 he began working at the State University of Management (at that time the State Academy of Management, let’s be historically accurate today). He defended his doctoral dissertation within our walls, and in his scientific works he reflected on the ideas of Eurasianism, when it was not yet mainstream, about 30 years ago. At the moment, he has published more than 200 scientific articles and monographs, in which the professor substantiates the uniqueness and originality of Russian civilization and the national model of public administration, explores issues of the influence of political culture on domestic political practice and public administration. That is, Nikolay Alekseevich is relevant as never before.

    So let us wish him to remain on the crest of the wave of historical science for many years to come, to continue organizing interesting seminars, to enjoy observing and analyzing a new round of development of Russian statehood and strengthening of sovereignty on the world stage, to be healthy, happy and, as always, to radiate optimism and goodwill.

    Subscribe to the TG channel “Our GUU” Date of publication: 09/25/2024

    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.

    Congratulations on Nikolai Omelchenko’s anniversary!

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10:32 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXXD3 (Rosnft1P6) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:32

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 25, 2024, 10:32 (Moscow time), the values of the upper limit of the price corridor (up to 107.93) and the range of market risk assessment (up to 1160.08 rubles, equivalent to a rate of 11.25%) of the security RU000A0JXXD3 (Rosnft1P6) were changed.

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

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

    https://www.moex.com/n73418

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10:31 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXXE1 (Rosnft1P7) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:31

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on September 25, 2024, 10:31 (Moscow time), the values of the upper limit of the price corridor (up to 107.17) and the range of market risk assessment (up to 1147.05 rubles, equivalent to a rate of 10.0%) of the security RU000A0JXXE1 (Rosnft1P7) were changed.

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

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

    https://www.moex.com/n73417

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Asia-Pac: SITI continues visit to Wuhan (with photos)

    Source: Hong Kong Government special administrative region

    SITI continues visit to Wuhan (with photos)
    SITI continues visit to Wuhan (with photos)
    *******************************************

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, continued his visit in Wuhan, Hubei Province today (September 25).     In the morning, Professor Sun attended the 2024 China Automotive Supply Chain Conference and the Third China Intelligent Networked New Energy Vehicle Ecological Conference organised by the China Association of Automobile Manufacturers and Dongfeng Motor Corporation, as well as the launching ceremony of the International Automotive and Supply Chain (Hong Kong) Summit and the 2025 International Automotive and Supply Chain Expo (Hong Kong).     Speaking at the Conference, Professor Sun said that the automobile industry has entered the new energy era, making it an emerging industry under new industrialisation. In the Hong Kong Innovation and Technology Development Blueprint, new energy vehicle is also one of the significant industries advocated for development under new industrialisation.     He added that the Hong Kong Special Administrative Region (HKSAR) Government and the Ministry of Industry and Information Technology signed the Co-operation Agreement on the Development of New Quality Productive Forces and the Promotion of New Industrialisation last week. Those areas jointly promoted by the two sides are intertwined with the supply chain of new energy vehicle industry. Over the past two years or so, the HKSAR Government attracted over 100 strategic innovation and technology (I&T) enterprises to set up their businesses in Hong Kong, including BeyonCa, a joint enterprise established earlier in Hong Kong by today’s event co-organiser Dongfeng Motor Corporation and France’s Renault Group. He is confident that Hong Kong can make new contributions to the innovative development of the national supply chain of new energy vehicle industry, thereby augmenting the new advantages of Chinese vehicle brands.     Professor Sun then visited Dongfeng Motor Corporation and learned about the corporation’s latest development, product planning and corporate culture. He had in-depth exchanges with the Chairman of the corporation, Mr Yang Qing, on the corporation’s development of new quality productive forces in the future and potential co-operation opportunities between the two parties in aspects such as new industrialisation, with the aim of making good use of Hong Kong’s roles as a “super connector” and “super value-adder” and the unique function as a dual lane to assist Mainland enterprises to go global and expand overseas markets. He particularly hoped that both sides’ collaboration on the project of BeyonCa setting up in Hong Kong will serve as a demonstration of co-operation with each other.     Professor Sun also visited the corporation’s Mengshi Tech Intelligent Park to tour the assembly final workshop, and experience the functionality and performance of the latest domestic high-end off-road electric vehicles at the off-road experience field. Through on-site visits, exchanges and interactions, as well as dynamic experiences, he learned more about the production process and technology capabilities of Mengshi automobiles. Besides, Professor Sun was briefed in detail on the first model car of BeyonCa and he called for accelerating the plan of setting up assembly production line in Hong Kong.     In the afternoon, Professor Sun visited Wuhan FineMEMS Inc. to gain an understanding of the national high technology enterprise’s technology research and development and products in providing MEMS (Microelectromechanical Systems) sensors, and metallic thick film pressure sensors and system. He also visited the fully automated one piece flow smart production line established by the company.     Professor Sun then proceeded to the Wuhan University to meet and exchange views with leaders and experts from Wuhan University, other local higher education institutions, Hong Kong and Macao Affairs Office of the People’s Government of Hubei Province, Department of Science and Technology of Hubei Province, as well as high-tech enterprises. Professor Sun gave the participants an update on Hong Kong’s overall I&T development. They also exchanged views on strengthening collaboration in scientific researches among higher education institutions between Hubei and Hong Kong, as well as advancing the expansion of business by Hubei I&T enterprises to Hong Kong. Professor Sun expressed his support for deepening co-operation in the I&T aspect among higher education institutions between the two places, noting that the HKSAR Government would provide appropriate support and services to university spin-off start-ups planning to establish their footholds in Hong Kong. He also encouraged start-ups in Hubei Province to leverage on Hong Kong’s edges of internationalisation and a highly market-oriented environment to expand their businesses overseas.     The Commissioner for Industry (Innovation and Technology), Dr Ge Ming, also joined the visit.     Professor Sun concluded his visit and returned to Hong Kong in the evening.

     
    Ends/Wednesday, September 25, 2024Issued at HKT 20:45

    NNNN

    MIL OSI Asia Pacific News –

    September 29, 2024
  • MIL-OSI Economics: Samsung’s Odyssey OLED G8 Joins the Journey of Creating ‘The First Descendant’ with Nexon Developers

    Source: Samsung

    Game development is an art, and like any masterpiece, it requires the right tools. Nexon’s upcoming title, The First Descendant, is set to redefine the looter-shooter genre with its stunning visuals and immersive gameplay. At the heart of this development process is Samsung’s Odyssey OLED G8 — a monitor that not only displays these graphics but elevates them to a new level of realism.
    Join us as we dive into the behind-the-scenes journey with the developers at Nexon Games, who reveal how this cutting-edge display technology has helped bring their ambitious vision to life. From the precision of color to the speed of response, discover why the Odyssey OLED G8 is more than just a monitor — it’s a game-changer in the industry.

    Founded in 1994, Nexon has become a global leader in online gaming. Known for creating popular titles like MapleStory, Dungeon & Fighter and KartRider, Nexon continues to push boundaries in the gaming world. This year, the company introduced The First Descendant, a looter-shooter that attracted 260,000 concurrent players at launch. Nexon is focused on expanding its global reach and adapting to the fast-changing gaming industry. In 2021, Nexon completed the acquisition of Embark Studios AB, a company based in Stockholm, Sweden, developing multiple projects for global release.
    ▲ (From left) Lead Engine Programmer Junhwan Kim from the Engine Program team and Lead World Concept Artist Sinwook Wi, from the Environmental Concept Design team at Nexon Games, sat down with Samsung to talk about their latest project, The First Descendant and how the Odyssey OLED G8 played a role in its development.
    Can you tell us about your role in developing The First Descendant and how you contributed to the game’s creation?
    Kim: I’m responsible for the game engine. I develop the software that integrates essential elements like graphics, sound and physics engines, make them work seamlessly together.
    Wi: I handle the environmental concept design. My role involves creating the overall concept of the game and designing the backgrounds and characters to fit within that environment.
    ▲ (From left) Gley, Blair and Enzo, key characters from Nexon’s looter-shooter game ‘The First Descendant’ (Image courtesy of Nexon)
    What sets The First Descendant apart? What were some of the key innovations and design choices that defined your approach?
    Kim: The First Descendant is a looter shooter that blends third-person shooter (TPS) mechanics with role-playing game (RPG) elements. It features spectacular combat scenes, high-quality graphics and a rich loot system filled with powerful guns and gear. The core of the game lies in its storytelling, character development and the pursuit of the best weapons and equipment.
    A major focus for us was bringing the open world of The First Descendant to life through cutting-edge graphics. Using Unreal Engine 5, we leveraged Nanite to achieve highly detailed environments, allowing us to render complex landscapes and objects with incredible precision. This was crucial for creating an immersive open-world experience where players can explore vast and visually stunning environments. Lumen played a significant role as well, enabling real-time lighting that reacts dynamically to the game’s world and characters, further enhancing the realism of the gameplay.
    * Open World: A game design element that allows players to freely explore most areas with minimal restrictions.
    * Unreal Engine 5: A game engine developed by Epic Games, known for key features like Nanite, which efficiently handles high-capacity graphics, and Lumen, which enhances lighting effects.
    ▲ Junhwan works on the development of ‘The First Descendant’ using the Odyssey OLED G8. The Odyssey OLED G8 delivers superb graphics with its high resolution and color accuracy.
    Wi: The game is set in an apocalyptic world where factions — each with their own traditions — battle for survival. The story follows humanity’s fight against the Vulgus, invaders who nearly wiped out the human race. Players take on the role of descendants, embarking on a quest to find the Iron Heart, the ultimate weapon to end the war.
    On the design front, our goal was to create an apocalyptic world that felt rich and immersive while avoiding the overly dark and futuristic look often seen in similar settings. The environment itself is a key part of the storytelling. So, we integrated colorful, future-oriented designs for city of Albion to balance the grim atmosphere with a sense of hope. This approach doesn’t just end at the visual appeal but also helps the game engage players on an emotional level, too.

    ▲ Sinwook works on the design for the city of Albion, a key area in ‘The First Descendant,’ using the Odyssey OLED G8. The monitor’s consistent colors and detailed contrast has helped bring out the intricate design elements.
    As a game developer, what do you consider the most important factors in creating a visually immersive gaming experience?
    Kim: A high-quality display is crucial to accurately present the game’s graphics and visuals. Today’s gaming standards demand seamless gameplay with vibrant graphics, high frame rates, detailed resolutions and minimal input lag. To fully experience these advancements, it’s crucial to use a gaming monitor with high resolution, a wide color gamut and fast response times.
    As part of our collaboration with Samsung, I received the Odyssey OLED G8 during the development of The First Descendant, and what stood out to me was the monitor’s awesome display quality — color accuracy, expressions and its quick response time. The monitor delivers colors and contrast with a high level of precision, which was crucial for developing the game. The 0.03ms (GTG) response time made a noticeable difference during our demonstrations as well.1

    “With the Odyssey OLED G8, you get two distinct display experiences with a single monitor—16:9 for working and 21:9 for playing,” said Wi Sinwook, Lead World Concept Artist, Environmental Concept Design team, Nexon Games.
    Wi: As a World Concept Artist, I constantly ask myself, “How can I best convey the immersive universe to players?” I want players to experience every detail of the environments and even the subtle expressions of the characters as they were intended. For that, a display accurately reproduces colors and fine details is crucial. When players can see the subtle nuances in shading and the vibrant colors, it significantly enhances their immersion in the game.
    ▲ Sinwook builds out the background concept designs for ‘The First Descendant’ using the Odyssey OLED G8.
    Other than picture quality, were there any other the Odyssey OLED G8 features that stood out when you were working on and demonstrating the game?
    Kim: The First Descendant is a multi-platform game, available on PC (Steam) and consoles. The fact that the Odyssey OLED G8 supports up to three external inputs,2 was especially helpful when we were testing across the different platforms. The sleek, metal design also saved space and complemented the game’s sci-fi aesthetic.
    ▲ Junhwan demonstrates the console version of ‘The First Descendant’ on the Odyssey OLED G8. The Odyssey OLED G8 offers enhanced convenience with 2 HDMI 2.1 ports, 1 DisplayPort 1.4 and a USB hub.
    Wi: Working on the design and demonstrating the game on the Odyssey OLED G8, I found the gameplay smoother and more comfortable compared to my previous monitor. The colors and contrast were balanced and accurate, even on the big screen.
    I also really appreciated the ability to switch the screen ratio between 16:9 and 21:9 with just a single setting change. Normally, I avoid wide monitors due to the viewing angle, but the Odyssey OLED G8 made it convenient to switch between ratios for different tasks — 16:9 for working and 21:9 for demonstrating the game. The big advantage is that you get two distinct display experiences with a single monitor.
    ▲ The Odyssey OLED G8’s Game Bar allows users to switch between 21:9 and 16:9 screen ratios, enabling them to enjoy games in their preferred ratio.
    “The fact that the Odyssey OLED G8 supports up to three external inputs, was especially helpful when we were testing across platforms like PCs and different consoles,” said Junhwan Kim, Lead Programmer, Engine Program team, Nexon Games.
    What features of the Odyssey OLED G8 do you think will elevate the experience for The First Descendant players?
    Kim: The First Descendant is the world’s first HDR10+ GAMING title. We collaborated with Samsung to implement this technology in our game, optimizing peak brightness of the monitor and supporting standard HDR without the need for manual adjustments.3 Playing The First Descendant on the Odyssey monitor with HDR10+ GAMING allows you to experience the game’s vivid, high-quality graphics at their best.
    * HDR10+ GAMING: A gaming technology that enhances image quality by analyzing game content to enhance the depth of graphics and supporting features like response time and Auto HDR.
    ▲ The Odyssey OLED G8 supports HDR10+ GAMING, allowing gamers to enjoy an optimized HDR gaming experience without manual adjustments in supported titles. ‘The First Descendant’ is the first game to feature HDR10+ GAMING technology.
    Wi: Unlike my previous monitor, where colors near the edges tended to darken, the Odyssey OLED G8 maintained consistent brightness across the entire screen. The thin frame and bezel also made it easier to focus on the game.

    ▲ The Odyssey OLED G8’s slim metal design and Core Lighting+ on the back enhance user immersion and create a stylish gaming space.
    Kim: I also found the Game Bar feature to be helpful. When the Odyssey OLED G8 is connected to a PC or console, it automatically calls up the Game Bar. Selecting FPS mode in the Game Bar brightens dark areas in the game, giving you an advantage over hidden enemies. Also, the sound becomes richer, further enhancing the immersion.
    ▲ (Left) Default Game Bar settings without a selected genre, (Right) FPS genre selected in Game Bar.
    Any final words for The First Descendant players?
    Kim: If you’re a fan of The First Descendant, or any third-person shooter (TPS) game with high-quality graphics, the Odyssey OLED G8 is an excellent choice. It has high refresh rate, wide color gamut and fast response time, which really enhance the gaming experience.
    Wi: I’ve always debated between choosing a monitor with high resolution and refresh rate for gameplay versus one with accurate colors and contrast for development. The Odyssey OLED G8 meets both needs perfectly, so I can confidently recommend it to any gamer…or developer!

    MIL OSI Economics –

    September 29, 2024
  • MIL-OSI Global: Continuing crackdown on churches and NGOs moves Nicaragua further from democracy to authoritarianism

    Source: The Conversation – USA – By Richard Wood, President of the Institute for Advanced Catholic Studies, USC Dornsife College of Letters, Arts and Sciences

    A man prays at the Metropolitan Cathedral in Managua, the capital of Nicaragua, in August 2022. Oswaldo Rivas/AFP via Getty Images

    The Nicaraguan government recently shut down more than 1,500 nonprofits – many of them civic and religious groups doing humanitarian work in a country long mired in political violence, economic upheaval and social strife.

    The August 2024 closures were the latest in a long-running crackdown on civil society, including religious groups – some of the last influential, independent organizations in the country. That same month, the government revoked churches’ tax-exempt status. Over the past few years, many houses of worship have been closed or had their bank accounts frozen.

    As a sociologist, I have worked with Central American scholars to research the role of religion in public life in Central America, including Nicaragua. Several hundred Catholic figures have been detained in an ongoing crackdown under President Daniel Ortega, now 78, who leads the Sandinista National Liberation Front.

    Sweeping suppression

    Ortega’s FSLN party, as it is known in Spanish, is the authoritarian remnant of the group that led a broad national movement against Anastasio Somoza Debayle’s dictatorship in the 1970s. After overthrowing Somoza in 1979, Ortega and the Sandinistas governed until losing the 1990 election.

    Since Ortega returned to power in the 2006 elections, moderates have fled the FSLN, which since then has used oppression and violence for political and social control. In 2013, the National Assembly removed presidential term limits set by the Nicaraguan constitution.

    In April 2018, Ortega’s regime began targeting student protesters. Since then, hundreds of citizens — religious leaders, university students, academics, journalists and doctors — have been killed or arrested, gone into hiding or been forced to flee the country.

    Ortega’s crackdown has been broad. Universities had their assets confiscated and funding cut, and some have been shut down as the government took control of higher education. Media outlets have been shuttered, and international aid organizations have been expelled.

    Paramilitary police officers and prison guards have been accused of engaging in arbitrary killings and torture. Meanwhile, a record number of refugees are fleeing the country.

    Parishioners attend Mass at St. Agatha Catholic Church in Miami, which has become the spiritual home of the growing Nicaraguan diaspora.
    AP Photo/Rebecca Blackwell

    Silencing churches

    Among the nearly 5,500 nonprofits that closed in Nicaragua between 2018 and 2024 are Catholic, evangelical Christian and historical Protestant organizations, as well as secular humanitarian ones. Of those, 1,650 organizations and churches were shuttered in August 2024, with government officials claiming their closure was due to ties to private enterprises or a lack of financial records.

    Catholic media and radio stations, missionary orders and humanitarian groups have been shuttered, too, as Ortega and the vice president – his wife, Rosario Murillo – have sought to eliminate settings where ideas and information freely flow, and people act independently of the government.

    The highest-profile religious leader caught up in the clampdown is Rolando Álvarez, a popular bishop, critic of Ortega, and a prominent Catholic voice of protest. Álvarez was detained in August 2022, accused of “conspiracy and spreading false news,” stripped of his citizenship and sentenced to 26 years in prison.

    Police officers and riot police block the main entrance of a church building in Matagalpa, Nicaragua, in August 2022 to prevent Bishop Rolando Álvarez from leaving.
    STR/AFP via Getty Images

    With international pressure mounting, Alvarez and a group of fellow detained Catholic clergy were released in January 2024 and exiled to the Vatican – where the regime had previously expelled the apostolic nuncio, the pope’s top diplomat in Nicaragua. They are among 245 Catholic figures the country has expelled in recent years. An additional 135 people, including Catholics and evangelicals, were expelled and stripped of their citizenship in September 2024.

    Today, 43% of Nicaraguan citizens identity as Catholics. But that percentage used to be much higher, and the country has deep cultural roots in Catholicism.

    In Nicaragua, as in much of Latin America, the Catholic Church is the most powerful source of social authority and the largest independent institution for public debate. It represents a key channel through which democratic values may take root, grow and thrive – an obstacle, in the regime’s eyes.

    For many years, the church was the only organization to escape Ortega’s grip – but no longer.

    Dangerous path

    I have witnessed firsthand Nicaragua’s shift from a country with promising seeds of democracy to violent autocracy. As civil war raged between the original Sandinista regime and U.S.-backed Contras in the 1980s, I led travel seminars to Nicaragua for faith groups, journalists, congressional aides and university students. I once personally encountered Ortega, serving as translator during a meeting with American journalists when his official translator failed to show up.

    Today, as Ortega continues to consolidate power by crushing opposition, Nicaragua has deteriorated into an oppressive state ruled with an iron fist. This reality reflects broader dynamics globally, from autocratic movements in the U.S. and Western Europe to current regimes in Russia, India, Turkey, Hungary and China.

    Nicaraguan citizens wave from a bus after being released from a Nicaraguan jail and landing in Guatemala City on Sept. 5, 2024.
    AP Photo/Moises Castillo

    Closer to home, Ortega poses a regional threat as a model for other potential autocrats. This is especially the case for neighbors like El Salvador, where President Nayib Bukele – the popular, self-described “coolest dictator” – is going down a similar path of turning the nation into an authoritarian state.

    I have seen Nicaraguans’ generosity and courage in the long fight for liberty and justice. The closure of democratic spaces, civic institutions and humanitarian organizations, along with the suppression of religious freedom, is a glaring sign that the country is being marched toward more oppression and violence – and, as history shows, risks becoming ripe for revolution.

    Only a gradual rebuilding of civil society, I believe, may save Nicaragua from that fate. The tragedy is what Nicaragua could have been: a thriving democratic society, with a commitment to empowering the poor.

    From 1983-1987 and part-time from 1987-1992, Richard Wood worked running travel seminars in Mexico and Central America. From 2010-2012, he received funding from the Center on Religion and Civic Culture at the University of Southern California and The John Templeton Foundation for research collaboration with Central American researchers.

    – ref. Continuing crackdown on churches and NGOs moves Nicaragua further from democracy to authoritarianism – https://theconversation.com/continuing-crackdown-on-churches-and-ngos-moves-nicaragua-further-from-democracy-to-authoritarianism-238178

    MIL OSI – Global Reports –

    September 29, 2024
  • MIL-OSI Global: What is ‘dark money’ political spending, and how does it affect US politics?

    Source: The Conversation – USA – By Emily Lau, Staff Attorney, State Democracy Research Initiative, University of Wisconsin-Madison

    Where exactly did this money come from? Manuel Augusto Moreno/Moment via Getty Images

    Every campaign season brings renewed attention to the amount of money influencing American politics, and who is spending it, and for what purposes. In particular, people are concerned about what is called “dark money.” For instance, recent media coverage has pointed to escalating dark money spending on both the Democratic and Republican sides.

    The term sounds scary and raises the specter of shadowy people manipulating the nation’s politics. As a researcher who studies the American democratic system, I think it’s worthwhile to unpack what dark money is, what concerns it raises and what might be done to address it.

    Unidentified political donors

    When people talk about dark money, they’re usually referring to money spent on elections that comes from sources that cannot be identified.

    Federal and state laws impose some limits on contributions and require some political contributions and expenditures to be publicly disclosed. Candidates for federal office, for example, must report their campaign donors to the Federal Election Commission. The FEC makes these reports available to the public.

    Likewise, super PACs – groups permitted to spend unlimited amounts on independent electoral advocacy – must also report some information about donations, such as the identities of and amounts given by people who donate more than US$200 in a year.

    But campaign finance disclosure laws have gaps.

    Federal law, for example, allows certain entities – most notably nonprofits designated as “social welfare” organizations or trade associations under Sections 501(c)(4) and 501(c)(6) of the tax code – to raise and spend large sums on electoral advocacy without disclosing their donors.

    A CBS News investigation into dark money in U.S. politics.

    Another dark money pathway involves making donations to super PACs through shell companies, which are companies set up for the purpose of hiding the financial activities of other people or groups – in this case, political contributions. Although super PACs are legally required to report who they received the contributions from, if the funds come from shell companies, the super PACs may not know and are not required to disclose where the money actually came from. That information remains hidden from public view.

    A lack of donor transparency raises multiple concerns. Voters may have a harder time assessing the validity of political messages or discerning whether candidates may be beholden to certain interests. Regulators and watchdogs can have trouble detecting illegal activity, such as campaign spending by foreign nationals. And unscrupulous people and groups can spread misinformation or destructive rhetoric without being identified or held accountable.

    Undisclosed political expenditures

    While discussions of dark money usually focus on where it comes from, the term can also describe a lack of transparency about where it goes.

    Under federal law, campaign committees must report their direct disbursements, such as payments to vendors or consultants. These vendors and consultants, however, sometimes function as pass-through entities that receive campaign funds and then purchase undisclosed goods and services. And any of these recipients can be set up as shell companies, making the flow of funds even more difficult to track.

    For instance, Hillary Clinton’s 2016 campaign and the Democratic National Committee faced FEC complaints for failing to disclose indirect payments made through the campaign’s law firm to researchers who compiled a dossier on Donald Trump’s Russia ties. The Clinton campaign and the DNC paid a fine to settle the matter without conceding wrongdoing.

    But enforcement can be difficult. In 2020, a watchdog group filed an FEC complaint alleging that Trump’s reelection campaign directed hundreds of millions of dollars to a pass-through entity in an improper effort to hide its expenditures – which included payments to top advisers and family members that, by law, would have otherwise been disclosed. The FEC dismissed the Trump complaint in 2022 when commissioners deadlocked 3-3 on whether to pursue it.

    As with a lack of donor disclosure, a lack of expenditure disclosure can deprive voters and regulators of valuable information. Lack of transparency can also invite questionable campaign practices, such as using donated funds in ways that enrich candidates, campaign staff or their associates.

    It can be hard to determine who is really behind shell companies and campaign donors.
    nicodemos/E+ via Getty Images

    Stalled federal reforms

    Proponents of greater campaign finance transparency have had little success pressing federal lawmakers and regulators to address dark money.

    Since 2010, congressional Democrats have been introducing legislation known as the DISCLOSE Act. Among other requirements, it would make dark money groups reveal major donors and restrict the use of shell companies to conceal donors’ identities. While versions of the bill have passed the House, they have repeatedly stalled in the Senate. Opponents maintain that these measures would infringe people’s privacy rights and chill constitutionally protected speech.

    Advocates have also made minimal headway persuading Congress or federal agencies to adopt new disclosure regulations or tighten enforcement.

    The FEC, which has an even partisan split among its six commissioners, has often been unable to get a majority to agree to take action. And the FEC’s most notable recent decisions have been to loosen, rather than tighten, campaign finance rules. Congress has barred the Securities and Exchange Commission from establishing new political spending disclosure rules for public companies, although some companies self-report more than the law requires.

    States’ efforts to curb dark money

    Dark money is also an issue in state and local elections. The strength of state and local transparency laws varies. Because these elections typically receive less attention and scrutiny than federal elections, money sometimes flows even more opaquely.

    Unlike the federal government, a number of states and localities have bolstered their disclosure rules in recent years. Arizona, California, Colorado, New Jersey and Washington, for example, have passed new laws requiring more donor information, including about the original sources of funds that are transferred between multiple groups before being spent on electioneering.

    Meanwhile, states such as Iowa, Massachusetts and Texas have adopted laws requiring campaigns to provide details about how consultants and vendors spend the campaign’s funds.

    Even in these states, disclosure gaps remain. The reality is that efforts to improve transparency can seem like a game of whack-a-mole: Each new round of regulations tends to generate new workarounds. But the experiences in these states and elsewhere may offer models and lessons for other jurisdictions.

    The current Supreme Court has given mixed messages about campaign finance transparency.
    Fred Schilling, Collection of the Supreme Court of the United States

    Constitutional questions

    Beyond the political challenge of getting stronger transparency regulations adopted, proponents of such measures also face potential constitutional challenges by opponents of disclosure.

    In multiple cases, including the 2010 Citizens United v. FEC ruling, the U.S. Supreme Court has rejected First Amendment claims brought by political spenders who wished to conceal their identities. In that case, the court observed that transparency helps the electorate “make informed decisions and give proper weight to different speakers and messages.”

    However, the Supreme Court has also recognized a right to engage in anonymous political speech. And in recent years, the court’s conservative supermajority has become somewhat more skeptical of disclosure rules, including in a 2021 case, Americans for Prosperity Foundation v. Bonta, which overturned a state law requiring charities to identify major donors. In her dissent, Justice Sonia Sotomayor warned that the court’s argument could be applied to campaign finance disclosure regulations.

    Therefore, even if public momentum builds for stronger transparency regulations, the Supreme Court could stand as an obstacle to such reforms.

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

    – ref. What is ‘dark money’ political spending, and how does it affect US politics? – https://theconversation.com/what-is-dark-money-political-spending-and-how-does-it-affect-us-politics-236294

    MIL OSI – Global Reports –

    September 29, 2024
  • MIL-OSI Global: Why do people still back Trump, after everything? 5 things to understand about MAGA supporters’ thinking

    Source: The Conversation – USA – By Alex Hinton, Distinguished Professor of Anthropology; Director, Center for the Study of Genocide and Human Rights, Rutgers University – Newark

    Supporters watch Donald Trump speak at a rally in Uniondale, N.Y., on Sept. 18, 2024. Spencer Platt/Getty Images

    For many people, especially those leaning left, Donald Trump’s disqualifications to be president seem obvious, prompting some to question: How could anyone still vote for Trump?

    Some of the evidence Trump’s critics cite include his two impeachments, multiple criminal indictments at the state and federal levels and a felony conviction. Opponents also say that Trump is a threat to democracy, a misogynist, racist, a serial liar and a rapist.

    About 78% of Democrats and Democrat-leaning independent voters say that Trump broke the law when he allegedly tried to overturn the 2020 election results. But less than half of Republicans think he did anything wrong.

    I am an anthropologist of peace and conflict, and I have been studying what I call the Trumpiverse since 2015, when Trump descended a golden escalator and announced his candidacy for president. I later wrote a related book in 2021, called “It Can Happen Here.”

    More recently, I have been examining toxic polarization – and ways to stop it. Many efforts to reduce people’s polarized views begin with an injunction: Listen and understand.

    To this end, I have attended Trump rallies, populist and nonpartisan events and meetings where Democrats and Republicans connect and talk. Along the way, I have spoken with Trump supporters ranging from the Make America Great Again, or MAGA, faithful to moderate “hold the nose and vote for him” conservatives.

    And indeed, many on the left fail to understand who Trump voters are and how they vary. Trump’s base cannot simply be dismissed as racist “deplorables”, as Hillary Clinton famously said in 2016, or as country bumpkins in red MAGA hats. Trump voters trend older, white, rural, religious and less educated. But they include others outside those demographic groups.

    Many people have thoughtful reasons for voting for Trump, even if their reasoning – as is also true for those on the left – is often inflamed by populist polarizers and media platforms.

    Here are five key lines of reasoning that, in varying combinations, inform Trump voters’ choice.

    Donald Trump speaks at a rally on July 31, 2024, in Harrisburg, Pa.
    Spencer Platt/Getty Images

    1. Media distortion

    Where those on the left see Trump’s many failings, those on the right may see what some political observers call Trump Derangement Syndrome, sometimes simply called TDS.

    According to this line of argument, the left-leaning media dissects Trump’s every word, and the media then distorts what he says. I have found that some Trump supporters think that people who feed too much on this allegedly biased media diet can get TDS and develop a passionate, perhaps illogical dislike of Trump.

    I have also heard hardcore Trump supporters argue, with no evidence, that such “fake news” media outlets, like CNN, are part of a larger deep state plot of the federal government to upend the will of the people. This plot, according to those who propagate it, includes not just leftists, government bureaucrats and people who claim to be Republicans, but really aren’t, but also people in law enforcement.

    Some Trump supporters also see merit in his contention that he is being wrongly persecuted, just like some see the Jan. 6 defendants being persecuted.

    2. Bread on the table, money in the bank

    “Are you better off than you were four years ago?”

    For many Trump voters, the answer to Ronald Reagan’s famous question is clear: “No.” They accurately remember Trump’s term as one of tax cuts, economic growth and stock market highs.

    It is true that overall employment numbers and average pay went up under President Joe Biden. But for some Trump supporters, that economic boost pales in comparison to the massive surge in inflation during Biden’s term, with prices rising almost 20%. While the inflation rate has recently abated, prices remain high – as voters are reminded of every day at the grocery store.

    Polls also show that Trump has a strong lead over Democratic presidential nominee Kamala Harris on how they would handle the economy, which is a top concern for voters, especially Republicans.

    3. A border invasion

    Another reason some Americans want to vote for Trump: immigration.

    Like inflation, the number of people illegally crossing the border soared under Biden.

    This massive influx of “illegal aliens,” as Trump calls them, dropped to its lowest level in four years in July 2024. This happened after the Biden administration made it harder for immigrants to apply for asylum at the U.S.-Mexico border, a policy measure that is in line with many Republicans’ approach.

    In 2022, a poll found 7 out of 10 Republicans worried that “open borders” were part of a Democratic plot to expand liberals’ power by replacing conservative white people with nonwhite foreigners.

    Trump has played into some people’s mostly false concerns that immigrants living illegally in the U.S. are freeloaders and won’t assimilate, as illustrated by recent – untrue – allegations that immigrants are eating pets in Ohio.

    In 2022, 82% of Republicans said they viewed immigration as a “very important” issue. Trump continues to tout his proposed solution, which includes shutting the border, building a wall and deporting 11 million immigrants who are living in the U.S. without legal authorization.

    People attend a Donald Trump rally in Uniondale, N.Y., on Sept. 18, 2024.
    Michael M. Santiago/Getty Images

    4. A proven record

    Some Trump voters simply compare the records of Trump and Biden-Harris and find that the tally tilts firmly toward Trump.

    And it’s not just about the economy and immigration.

    There were no new wars under Trump. Biden-Harris, in contrast, are saddled with Russia’s invasion of Ukraine and Israel’s invasion of the Gaza Strip. Trump supporters’ perception is that American taxpayers foot a large portion of the bill, even though other countries are also giving money to Ukraine, and Israel is actually buying weapons from the U.S.

    I have found that Trump supporters also think he is better suited to deal with the rising power and threat of China.

    5. The MAGA bull in a china shop

    While some Harris supporters lament Trump’s destruction of democracy and decency in politics, I have found that Trump voters see a charismatic MAGA bull in a china shop.

    It is precisely because Trump is an unrelenting pugilist, or a fighter – as he showed when he raised a fist after the assassination attempt against him in July – that he should be elected, his supporters believe.

    Some even view him as savior – who will save the U.S. from a “radical left” apocalypse.

    For such Trump stalwarts, MAGA is not simply a slogan. In the Trumpiverse, it is a movement to save an America that is on the brink of failure.

    Alexander Hinton receives funding from the Rutgers-Newark Center for the Study of Politics and Race in America.

    – ref. Why do people still back Trump, after everything? 5 things to understand about MAGA supporters’ thinking – https://theconversation.com/why-do-people-still-back-trump-after-everything-5-things-to-understand-about-maga-supporters-thinking-239031

    MIL OSI – Global Reports –

    September 29, 2024
  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Welcoming remarks & Session 1

    Source: European Central Bank (video statements)

    Welcoming remarks
    Luc Laeven, European Central Bank

    Session 1:

    The economics of financial stress
    Dmitriy Sergeyev*, Bocconi University
    Chen Lian, University of California, Berkeley
    Yuriy Gorodnichenko, University of California, Berkeley
    Discussant: Alina Bartscher, Frankfurt School of Finance and Management

    Behavioural sticky prices
    Sergio Rebelo, Northwestern University
    Miguel Santana, Northwestern University
    Pedro Teles*, Banco de Portugal and Católica-Lisbon School of Business and Economics
    Discussant: Gaetano Gaballo, HEC Paris

    https://www.youtube.com/watch?v=fZNTaE2QCPU

    MIL OSI Video –

    September 29, 2024
  • MIL-OSI Russia: Financial news: The world’s first issue of digital financial assets for charitable purposes took place on the Moscow Exchange platform

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    On September 24, 2024, the Moscow Exchange platform hosted the issue of digital financial assets (DFA) for charitable purposes.

    The issuer of the CFA was the Voskresenie charity foundation, and the buyers were Russian credit organizations. The funds raised through the issue of the CFA will be used to finance the construction of a church in honor of St. Sergius of Radonezh in Cheboksary.

    Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets: “At my suggestion, the idea of using advanced financial technologies in charity was implemented on the Moscow Exchange platform. This is a landmark event for the financial and charitable sectors. Moscow Exchange, together with the financial community, has developed a solution for fast and transparent financing of charitable projects using a new instrument for the Russian market – digital financial assets. This is an important first step. There is a lot of work ahead to further popularize this instrument, which will not only offer new opportunities to philanthropists, but also simplify the process of charity itself.”

    Sergey Kharinov, Director of Digital Assets at Moscow Exchange: “The use of distributed ledger technologies in the charitable sector has a number of advantages, including transparency of operations, flexibility and speed of fundraising. Our plans include applying the successful experience of the first issue to create a digital platform based on it, which will provide an additional technological channel for fundraising for charitable organizations.”

    In August 2023, the Moscow Exchange Group received licenses from the Bank of Russia to operate as an information system operator (NPO JSC NSD) and a digital financial asset exchange operator (PJSC Moscow Exchange).

    Moscow Exchange is the largest Russian exchange, the only multifunctional platform in Russia for trading shares, bonds, derivatives, currencies, money market instruments and commodities. The Group includes a central depository, as well as a clearing center that performs the functions of a central counterparty in the markets, which allows Moscow Exchange to provide clients with a full cycle of trading and post-trading services.

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

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

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

    https://www.moex.com/n73424

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10:36 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A105ML5 (NorNikB1P5) security were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:36

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 25, 2024, 10:36 (Moscow time), the values of the upper limit of the price corridor (up to 102.89) and the range of market risk assessment (up to 14,331.24 rubles, equivalent to a rate of 13.75%) of the RU000A105ML5 (NorNikB1P5) security were changed.

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

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

    https://www.moex.com/n73421

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 12-09 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:09

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12:09 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0212 rubles) and the range of interest rate risk assessment (up to -0.0309 rubles, equivalent to a rate of 62.86%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73431

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 11:57 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JT6B2 (VEB.RF 19) were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    11:57

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on September 25, 2024, 11:57 (Moscow time), the values of the upper limit of the price corridor (up to 103.9) and the range of market risk assessment (up to 1140.73 rubles, equivalent to a rate of 7.5%) of the security RU000A0JT6B2 (VEB.RF 19) were changed.

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

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

    https://www.moex.com/n73429

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 10:52 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    10:52

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 10:52 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0168 rubles) and the range of interest rate risk assessment (up to -0.0247 rubles, equivalent to a rate of 51.43%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73425

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 12-19 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:19

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12-19 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0299 rubles) and the range of interest rate risk assessment (up to -0.0432 rubles, equivalent to a rate of 85.72%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73434

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: 09/25/2024, 12-15 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:15

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12-15 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0255 rubles) and the range of interest rate risk assessment (up to -0.037 rubles, equivalent to a rate of 74.29%) for the KZTRUBTODTOM instrument were changed.

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

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

    https://www.moex.com/n73433

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Canada: Canada to Host Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula

    Source: Government of Canada News

    News release

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, together with co-organizers Norway and Ukraine, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    September 25, 2024 – New York, New York – Global Affairs Canada

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, together with co-organizers Norway and Ukraine, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    The Ministerial Conference will bring together Foreign Affairs Ministers to advance the common vision articulated by the Joint Communiqué on a Peace Framework developed at the Summit on Peace in Ukraine at Bürgenstock, Switzerland, in June 2024.

    During the conference, Ministers will exchange views with the aim of developing a concrete plan, guided by the principles of international human rights and humanitarian law, for the return of prisoners of war as well as deported civilians and children back to Ukraine. The Conference participants will also aim to strengthen the International Coalition for the Return of Ukrainian Children, integrate the Women, Peace and Security perspective into the 10-Point Peace Formula, and identify approaches for post-return rehabilitation and reintegration for Ukrainian returnees.

    Quotes

    “Canada continues to deploy significant efforts to raise awareness of, and advocate on the issue of, illegally detained and deported Ukrainians, a critical issue dating back to Russia’s invasion of Ukraine in 2014 that has been exacerbated since the launch of Russia’s full-scale war of aggression in 2022. I look forward to welcoming my counterparts to Canada and exchanging views on how the international community can support Ukraine in its efforts for a comprehensive, just and lasting peace.”

    – Mélanie Joly, Minister of Foreign Affairs of Canada

    “The release of all prisoners and deported persons from Russian captivity, including children, is Ukraine’s top priority. I look forward to working together on the solutions that will ensure the return of our people back home and the restoration of just and lasting peace in Ukraine.”

    – Andrii Sybiha, Minister of Foreign Affairs of Ukraine

    “The return of all our people—every detained and deported Ukrainian—is a fundamental precondition for a comprehensive, just, and lasting peace in Ukraine. The human dimension is one of the core elements of Ukraine’s Peace Formula. It is crucial that we, as an international community, unite our efforts in Canada to find solutions that will bring every Ukrainian home.”

    – Andriy Yermak, Head of the Office of the President of Ukraine

    “Russia’s full-scale war against Ukraine has lasted for more than two and a half years. The ongoing hostilities and occupation of Ukrainian territory continuously expose Ukrainian civilians to the risk of detention by Russian forces or agents and other violations. The scale and complexity of the many thousands of Ukrainians in detention, children as well as adults, call for closer scrutiny by the world community on how to stop it, and I look forward to working closely with my Ukrainian and Canadian colleagues on this important agenda.”

    – Espen Barth Eide, Minister of Foreign Affairs of Norway

    Quick facts

    • President Volodymyr Zelenskyy introduced Ukraine’s 10-Point Peace Formula in November 2022 at the G20 summit. In August 2023, ten working groups were established, each dedicated to a specific pillar of the 10-point Peace Formula. Canada, along with Norway, are co-chairs of Working Group 4, which focuses on the return of prisoners of war, detained civilians, and illegally transferred and deported children.

    • Canada and Ukraine co-lead the International Coalition for the Return of Ukrainian Children. Launched in February 2024, in Kyiv, this coalition has expanded to 40 states, including some non-Western countries.

    • In June 2024, Ukraine and Switzerland hosted the Summit on Peace in Ukraine, a diplomatic initiative to garner international support for Ukraine’s Peace Formula. Prime Minister Justin Trudeau attended the summit and chaired a breakout session on the human dimension of the war in Ukraine. He also announced that Canada will host a ministerial conference on this human dimension this year.

    Associated links

    Contacts

    Media Relations Office
    Global Affairs Canada
    media@international.gc.ca
    Follow us on Twitter: @CanadaFP
    Like us on Facebook: Canada’s foreign policy – Global Affairs Canada

    MIL OSI Canada News –

    September 29, 2024
  • MIL-OSI Russia: Financial news: On the procedure for accounting for the exchange of HeadHunter Group PLC DRs for shares of HeadHunter MKPAO in the Moscow Exchange stock indices

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    From September 26, 2024, in accordance with the recommendation of the Index Committee, foreign issuer’s depositary receipts for shares of HeadHunter Group PLC (trading code: HHRU, ISIN: US42207L1061) will be replaced in Moscow Exchange stock indices with ordinary shares of HeadHunter IPJSC (trading code: HEAD, ISIN: RU000A107662). Ordinary shares of HeadHunter IPJSC will be included in indices with the same parameters as foreign issuer’s depositary receipts for shares of HeadHunter Group PLC.

    Index codes that include depositary receipts of a foreign issuer for shares of HeadHunter Group PLC: MOEXBMI, RUBMI, MCXSM, RTSSM, MOEXIT, RTSIT, MOEXINN, MXSHAR.

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

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

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

    https://www.moex.com/n73438

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    September 29, 2024
  • MIL-OSI Translation: Canada to host ministerial conference on human dimension of Ukraine’s 10-point peace formula

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Press release

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, with the support of Norway and Ukraine as co-hosts, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    September 25, 2024 – New York, New York – Global Affairs Canada

    The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada, with the support of Norway and Ukraine as co-hosts, will host the Ministerial Conference on the Human Dimension of Ukraine’s 10-Point Peace Formula on October 30-31, 2024.

    The Ministerial Conference will bring together foreign ministers to advance the vision set out in the Joint Communiqué on the Peace Framework, developed at the Ukraine Peace Summit in Bürgenstock, Switzerland, in June 2024.

    During the conference, the ministers will exchange views with the aim of developing a concrete plan, guided by international principles of human rights and humanitarian law, for the return to Ukraine of prisoners of war, as well as the civilian population and deported children. The conference participants will also aim to strengthen the International Coalition for the Repatriation of Ukrainian Children, to integrate the perspective of women, peace and security into the 10-point peace formula, and to identify approaches for the rehabilitation and reintegration of Ukrainian women and men repatriated to the country.

    Quotes

    “Canada continues to work hard to raise awareness and advocate on the issue of illegally detained and deported Ukrainians, a major issue that dates back to Russia’s invasion of Ukraine in 2014 and has been exacerbated since Russia launched its full-scale war of aggression in 2022. I look forward to welcoming my counterparts to Canada and discussing how the international community can support Ukraine in its efforts to achieve a comprehensive, just and lasting peace.”

    – Mélanie Joly, Minister of Foreign Affairs of Canada

    “The release of all prisoners and detainees, as well as all those deported to Russia, including children, is Ukraine’s top priority. I look forward to working together to find solutions that will ensure the return of our citizens and the restoration of a just and lasting peace in Ukraine.”

    – Andrii Sybiha, Minister of Foreign Affairs of Ukraine

    “The return of our people, that is, all detained and deported Ukrainians, is an essential condition for a comprehensive, just and lasting peace in Ukraine. The human dimension is one of the essential elements of Ukraine’s peace formula. It is essential that we, as the international community, join forces with Canada to find solutions that will allow all Ukrainians to return home.”

    – Andriy Yermak, Head of the Office of the President of Ukraine

    “Russia’s full-scale war against Ukraine has been going on for over two and a half years. The ongoing hostilities and occupation of Ukrainian territory place the Ukrainian civilian population at constant risk of detention by Russian forces or agents and other aggression. The scale and complexity of the detention of thousands of Ukrainians, both children and adults, demands that the global community take a closer look at how to end it, and I look forward to working closely with my colleagues from Ukraine and Canada on this important issue.”

    – Espen Barth Eide, Minister of Foreign Affairs of Norway

    Quick Facts

    President Volodymyr Zelenskyy presented Ukraine’s 10-Point Peace Formula in November 2022 at the G20 Summit. In August 2023, ten working groups were established, each dedicated to a pillar of the 10-Point Peace Formula. Canada and Norway co-chair Working Group 4, which focuses on the return of prisoners of war, civilians in detention, and illegally transferred and deported children.

    Canada and Ukraine co-lead the International Coalition for the Repatriation of Ukrainian Children. Launched in February 2024 in Kyiv, this coalition has expanded to 40 states, including some non-Western countries.

    In June 2024, Ukraine and Switzerland hosted the Ukraine Peace Summit, a diplomatic initiative aimed at garnering international support for Ukraine’s peace formula. Prime Minister Justin Trudeau attended the summit and chaired a discussion session on the human dimension of the war in Ukraine. He also announced that Canada would host a ministerial conference on the human dimension this year.

    Related links

    Contact persons

    Media Relations OfficeGlobal Affairs Canadamedia@international.gc.caFollow us on Twitter: @CanadaPELike us on Facebook: Canada’s foreign policy – Global Affairs Canada

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

    September 29, 2024
  • MIL-OSI Translation: 2025 Budget: compliance with the debt brake, compensation for cost increases and reduction of the tax scale

    MIL OSI Translation. Government of the Republic of France statements from French to English –

    Source: Canton of Neuchatel Switzerland

    09/25/2024

    ​The State Council presents its 2025 budget project, in a situation still marked by a favorable economic climate. Despite the increases in expenses in certain areas of activity, the income statement shows a surplus of revenue of 29.9 million francs and meets the requirements of the debt brake. Significant investments are also expected. In addition, a further reduction in the tax scale is proposed.

    After three accounting and budgetary years particularly marked by a favourable economic context, the 2025 budget of the State of Neuchâtel presents a surplus of revenue of 29.9 million francs on a total of 2.5 billion in expenses. Fulfilling the requirements of the debt brake, it makes it possible to amortize 1% of the State’s overdraft while ensuring the self-financing, up to 71.2%, of a significant investment envelope.

    Significantly up on previous years, investments amount to nearly 147 million, with a decisive share representing 5.2% of revenues. While an envelope of this size represented an additional challenge in terms of self-financing, it reflects the many projects started in recent years that are now in their implementation phase. For the Council of State, this is a decisive period during which investment expenditure will have to remain at a high level in order to meet the major challenges of modernizing, making the canton more attractive and improving its infrastructure.

    Positive revenue dynamics

    Despite some signs of slowdown already perceived in the Neuchâtel economy, tax forecasts continue for the time being to benefit from the good economic situation, the fall in unemployment and inflation. Tax revenues should therefore remain at a level close to 2023, a sign of positive dynamics of resources that will help to mitigate significant increases observed in several areas of expenses.

    Among other important sources of financing, the 2025 budget benefits from a significant increase in revenues received by the Canton as part of the federal financial equalization and takes into account an improvement in the outlook linked to a resumption of ordinary payments from the Swiss National Bank (SNB). While they allow us to approach 2025 with a certain serenity, these developments nevertheless call for the greatest caution given the high level of uncertainty that characterizes them and the total lack of influence exercised by the Canton. This caution is all the more important given that multiple issues are currently threatening the stability of public finances.

    Need to control loads

    As a sign of the many challenges that the Canton is currently facing, the 2025 budget includes significant increases in charges, particularly in the social and health sectors, where demographic change is now clearly having an impact. The rise in health costs requires, in particular, ever-increasing resources allocated to health institutions, but also to health insurance subsidies or in the area of supplementary benefits.

    Expenditure is also increasing in the area of training, or in that of mobility with allowances paid to public transport companies which continue to grow. In addition to these, there are the many additional efforts that the Canton has committed to making in climate protection.

    Finally, the redistribution to the municipalities of half of the federal contribution for the compensation of geotopographical overloads, which represents a burden of more than 10 million francs for the Canton, is not subject to any compensation this year and is therefore fully assumed by the State budget.

    Faced with these major challenges, it is now imperative that the Canton of Neuchâtel controls its expenses and achieves a sustainable clean-up of public finances.

    Compensation for cost increases and reduction of the tax scale

    The 2025 budget remains impacted by inflationary pressure which, despite a clear slowdown observed in recent months, still has significant effects on many areas of State activity as well as on household purchasing power. For 2025, the Council of State therefore proposes full compensation for the increase in civil service salaries. It also proposes catching up on the indexation reserve that had to be maintained in 2024. A measure that has an overall impact on the State budget of around 30 million francs.

    Furthermore, convinced that Neuchâtel taxpayers must also benefit from the good economic situation and its positive financial consequences for the State and the municipalities, the Council of State invites the Grand Council to adopt a new temporary reduction in the personal income tax scale, at a rate of 1%, which is added to the previous one. This proposal, the financial implications of which are already included in the 2025 budget, should allow the canton to continue this logic of modest progress in order to maintain and improve its attractiveness.

    Efforts still needed in the medium term

    The 2026-2028 financial and task plan still shows significant deficits of between 30 and 50 million, which do not include the potential deferrals of charges from the Confederation to the cantons or the impact of the responses to the various cantonal initiatives. These worrying projections and prospects should encourage the State to conduct a prudent financial policy in order to maintain sufficient room for maneuver to react in the event of an economic downturn. Significant additional efforts will therefore be necessary during the next legislature to guarantee the stability of public finances, an essential condition for being able to respond effectively to future challenges without jeopardizing compliance with the debt brake.

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

    September 29, 2024
  • MIL-OSI: Peapack Private Hires Vanessa Tortorice as Senior Managing Director

    Source: GlobeNewswire (MIL-OSI)

    BEDMINSTER, NJ, Sept. 25, 2024 (GLOBE NEWSWIRE) — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Vanessa Tortorice has joined Peapack Private’s New York City location as Senior Managing Director.  Vanessa joins a team of highly-skilled commercial bankers at Peapack Private, where she will contribute to the growth of commercial and industrial business in the New York market. She is dedicated to providing tailored banking solutions to help clients achieve their long-term financial goals.

    With a proven track record in financial services, Vanessa brings 12 years of experience to Peapack Private.  Previously, she served as Vice President and Senior Business Banker at M&T Bank, where she managed a portfolio of high-net-worth clients.  Vanessa excelled at fostering relationship stewardship and driving cross-functional collaboration, significantly contributing to revenue growth.  Prior to that as Vice President, Business Banking at Capital One, she managed a diverse portfolio of valued clients, consistently surpassing targeted net portfolio loan and deposit growth objectives.  Veronica exceeded goals in acquiring new clients, managing existing relationships, and forging new banking alliances.  She ranked within the top 10% nationally, affirming her track record of excellence.

    Ms. Tortorice attended the University of Rome, Rome, Italy, and the College of Staten Island CUNY, with a focus on Liberal Arts.

    About the Company

    Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $6.51 billion and assets under management and/or administration of $11.5 billion as of June 30, 2024.  Founded in 1921, Peapack-Gladstone Bank is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and retail solutions.  Peapack Private, a division of Peapack-Gladstone Bank, offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy.  Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service.  Visit www.pgbank.com and www.peapackprivate.com for more information.

    Contact:  Rosanne Schwab, Peapack-Gladstone Bank, Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ  07921 rschwab@pgbank.com, (908) 719-6543.

    Attachment

    The MIL Network –

    September 29, 2024
  • MIL-OSI: Fortinet Announces Progress Toward its Mission to Tackle the Cybersecurity Skills Shortage

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) —

    John Maddison, Chief Marketing Officer at Fortinet
    “Through our longstanding investments to address the cyber talent shortage, Fortinet continues to grow and expand our programs and strategic partnerships by delivering an award-winning cybersecurity training and certification program. Addressing the cyber skills gap is vital to enhancing our society’s collective cyber resiliency and we are committed to developing the current and future cyber workforce through the Fortinet Training Institute. As part of this effort, we remain focused on our pledge to train 1 million individuals in cyber by 2026.”

    News Summary  
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant progress in its mission to address the cybersecurity skills shortage through its Training Institute programs. As part of the company’s commitment to closing the cyber workforce gap, Fortinet pledged to train 1 million people in cybersecurity by the end of 2026 and through the Fortinet Training Institute programs has achieved significant strides toward this goal. With more than half a million people having been trained since the 5-year span pledge was announced, Fortinet is on track to meet this commitment by the end of 2026.

    As the cybersecurity landscape grows increasingly complex, the demand for skilled professionals continues to grow with an estimated 4.8 million cybersecurity professionals required to address the industry’s workforce gap. At the same time, Fortinet’s 2024 Global Cybersecurity Skills Gap Report reveals that 70% of organizations believe the shortage of skilled cybersecurity professionals is increasing risks to their security.

    Fortinet is at the forefront of working to address the skills gap by providing award-winning training and certification curriculum designed to equip individuals with the necessary skills and knowledge to better mitigate cyber risks. Additional recent key initiatives and achievements include:

    • Award-Winning Cybersecurity Curriculum: Fortinet’s most recent industry acknowledgement includes winning the 2024 SC Awards for Best Professional Certification Program. In the fall of 2023, Fortinet introduced enhancements to the Fortinet Network Security Expert (NSE) Certification program, providing multiple certification options focused on role-based training – such as administrator, analyst, architect – as well as a foundational certification level. Fortinet has also been honored with Gold for best cybersecurity training and Gold for best security awareness program from the Cybersecurity Excellence Awards; Gold for cyber and education and training and security awareness and training from the Globee 2024 Cyber Security Global Excellence Awards; and Most Innovative in cybersecurity training and certification, and security awareness and training service from the Global Infosec Awards, among others.
    • European Commission’s Cybersecurity Skills Academy Initiative Pledge: Earlier this year, Fortinet pledged to offer its award-winning cybersecurity training and security awareness curriculum to up to 75,000 individuals for free in Europe over the next three years. Since joining this initiative, Fortinet is offering its Certification program curriculum through the Cybersecurity Skills Academy and expanding learning opportunities for individuals across all 27 countries of the European Union, helping develop critical cyber skills in the region.
    • All-India Council for Technical Education (AICTE) and EduSkills Foundation Partnership: Fortinet is partnering with the All-India Council for Technical Education (AICTE) and EduSkills Foundation to offer 100,000 virtual internships in the field of cybersecurity across India, as well as providing our Certification program free of cost.
    • Fortinet Cyber Bootcamps Help Develop the Future Cyber Workforce: Fortinet is partnering with organizations across the world to host cybersecurity and networking bootcamps to further increase access to its training curriculum. Earlier this year, Fortinet hosted a threat hunting workshop for participants of the MITRE Embedded Capture the Flag (eCTF) competition, which included students from around the world. Attendees of the Fortinet workshop gained hands-on cybersecurity experience, assuming the role of a security analyst to identify adversarial behaviors using renowned frameworks and procedures.
    • Continuing to Drive a Diverse Cyber Workforce through Partnerships: Through the Education Outreach program and Veterans program, Fortinet cultivates partnerships to drive a skilled, inclusive and diverse cyber workforce. More recently, Fortinet partnered with the British Columbia Institute of Technology (BCIT), Cyber Catalyst Talent Solutions, and Tech Vets Canada, among others, on an in-person bootcamp specifically for veterans interested in gaining technical and hands-on expertise in cyber. Fortinet also collaborated with several Fortinet Veteran program and Education Outreach program partners earlier this year – including Cerco, Helping Heroes, Hire Heroes USA, Onward 2 Opportunity, TechVets, and VetSec – to offer a nine-week Networking Fundamentals Bootcamp this year to further upskill and reskill veterans. Additionally, Fortinet is continuing to partner with Women in CyberSecurity (WiCyS) to offer members a Networking Fundamentals Bootcamp designed as an entry point for those wanting to pursue a career in cybersecurity.

    Building on Fortinet’s Longstanding Commitment to Close the Global Cyber Skills Gap
    These initiatives build on Fortinet’s longstanding commitment to address the cybersecurity skills gap worldwide. The Fortinet Training Institute delivers training and certifications to IT and security professionals, students and educators, and underserved communities, through its various programs. The ecosystem supporting these programs – including the Education Outreach program, the Veterans program and the Academic Partner program – is comprised of more than 700 partners across more than 100 countries globally.

    To further help advance this work, Fortinet is a part of various public-private partnerships, including participating in the White House’s National Cyber Workforce and Education Strategy commitments by introducing free security awareness training for primary and secondary school educators and students globally including school districts across the United States, United Kingdom, Canada, Australia and Brazil. All these efforts contribute toward Fortinet’s goal to train 1 million people globally in cyber by 2026.

    Additional Resources

    • Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs. 
    • Find out what makes Fortinet one of the top cybersecurity companies in the world.
    • Visit fortinet.com/trust to learn more about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.  
    • Learn more about Fortinet’s commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.  
    • Read about how Fortinet customers are securing their organizations. 
    • Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.  

    About Fortinet 
    Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.    

    Media Contact:  Investor Contact:  Analyst Contact: 
    Stephanie Lira
    Fortinet, Inc. 
    408-235-7700 
    pr@fortinet.com 
      
    Aaron Ovadia 
    Fortinet, Inc.  
    408-235-7700 
    investors@fortinet.com 
    Brian Greenberg  
    Fortinet, Inc. 
    408-235-7700 
    analystrelations@fortinet.com 

    The MIL Network –

    September 29, 2024
  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Session 6

    Source: European Central Bank (video statements)

    Session 6:

    Chair: Ulrich Bindseil, European Central Bank

    Specialization in banking
    Kristian Blickle, Federal Reserve Bank of New York
    Cecilia Parlatore*, New York University
    Anthony Saunders, New York University
    Discussant: Diana Bonfim, Banco de Portugal and European Central Bank

    The global credit cycle
    Nina Boyarchenko*, Federal Reserve Bank of New York
    Leonardo Elias, Federal Reserve Bank of New York
    Discussant: Stijn Claessens, Yale University

    https://www.youtube.com/watch?v=V0jaKjL5ALo

    MIL OSI Video –

    September 29, 2024
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