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Category: Europe

  • MIL-OSI China: Concert pays tribute to a brilliant composer

    Source: China State Council Information Office 3

    A concert featuring the works of Russia-born Jewish composer Aaron Avshalomov (1894-1964), commemorating his 130th birthday, took place on Sept 12 at the Shanghai Symphony Hall. Conducted by the composer’s grandson, David Avshalomov, the Shanghai Symphony Orchestra opened the evening with his best-known piece, Peiping Hutongs.

    The audience was treated to a unique audio feast including familiar Peking Opera tunes, a bustle at a marketplace, and even a solemn funeral procession, giving them a vibe of life in Beijing’s byways and broadways from dawn to dusk.

    Peiping Hutongs is widely recognized as one of Aaron Avshalomov’s most iconic works. Previously, the Shanghai Symphony Orchestra took this piece in 2017 to Switzerland, playing at the Lucerne Festival, one of the leading international classical music festivals.

    Aaron Avshalomov was born in Siberia, Russia, and came to China in 1918. He lived in Beijing for several years, and settled in Shanghai in 1929, where he kicked off a prolific music career before leaving for the United States to join his family in 1947.

    He created a synthesis of Chinese musical elements and Western techniques of orchestra composition, including several operas based on Chinese folklore and historical figures, such as Kuan Yin, The Twilight Hour of Yan Kuei Fei, and The Great Wall.

    Many of his important works were premiered in Shanghai, receiving widespread critical acclaim.

    The Great Wall, for example, was sponsored by Soong Ching Ling, the wife of Sun Yat-sen, a pioneering Chinese revolutionary leader, and her younger sister Soong Mei-ling, and was highly praised and recommended by leading figures in the literary and art scene, such as Peking Opera master Mei Lanfang, playwright Xia Yan and director Fei Mu.

    In 1935, Aaron Avshalomov was requested by renowned Chinese musician He Lyuting to orchestrate the theme song composer Nie Er produced for a movie about Chinese fighting against the Japanese aggression in 1935. This made him the first to orchestrate what would become the national anthem of the People’s Republic of China — March of the Volunteers.

    Aaron Avshalomov and his son Jacob Avshalomov in Portland in 1961.

    Aaron Avshalomov’s son, Jacob, was born in Qingdao, Shandong province, in 1919, but spent most of his childhood in Shanghai. He returned to the US with his mother in December 1937. Jacob Avshalomov studied composition and became a composer in the US.

    However, his most important work was with the Portland Youth Philharmonic, which he conducted for 44 years, teaching youngsters to play like professionals. The orchestra was “for a long time the best youth orchestra in the US, maybe in the world”, David Avshalomov said about his late father, who died in 2013.

    Jacob Avshalomov compiled the correspondence with his father while he was in China, and wrote a family biography, Avshalomovs’ Winding Way: Composers out of China — A Chronicle, published in 2008.

    Friends familiar with Jacob Avshalomov’s career described him as a person “speaking Chinese with standard Beijing accent” and “a pillar of the city’s cultural life”. The city here refers to Portland, Oregon.

    “This double autobiography assembles the letters of Aaron with a narrative by Jacob to tell in their own words how two very different people overcame daunting obstacles and brought great music to appreciative audiences in China and America,” reads a review by George Alderson, who used to perform in the Portland Youth Philharmonic, on Amazon.

    Through music, now the family linage with China has extended to David Avshalomov, an American classical composer and conductor. This is his second visit to China. The last time was in 1982, when he visited Beijing, Xi’an, Nanjing, Hangzhou and Shanghai.

    David Avshalomov’s interpretation on Sept 12 was praised by Tao Xin, professor of the Shanghai Conservatory of Music, as “filled with longing and strong emotions”. Tao also praised the second piece, Violin Concerto in D Major, featuring soloist Liu Ming, concertmaster of the Shanghai Symphony Orchestra. He wrote in his review the next day, saying “with her superb techniques and delicate musicality, Liu Ming and the orchestra presented the glory, joy and peacefulness of traditional Chinese culture”.

    Prior to the concert, David Avshalomov visited the former Pathe Villa, the old venue of Pathe Recordings in Shanghai, where his grandfather Aaron Avshalomov used to work, and where the first recording of March of the Volunteers was made.

    To prepare the concert, David Avshalomov said he spent hundreds of hours to renew his memories by reading history books and listening to old soundtracks, in particular, the version recorded in 1937 in Shanghai which his grandfather might be on the recording site.

    He also said he was moved by, and appreciated, the people who knew his grandfather and described him as a kind and generous person.

    MIL OSI China News –

  • MIL-OSI Australia: TV interview with Andrew Clennell, Sky News Sunday Agenda

    Source: Australian Government – Minister of Foreign Affairs

    Andrew Clennell, Host: Foreign Minister Penny Wong has been at the UN General Assembly this week calling for an immediate ceasefire in Lebanon and a deadline for the UN to declare Palestinian statehood.

    Yesterday I spoke to the Foreign Minister after her big address to the UN in New York.

    Penny Wong, thank you for your time. You’ve given a speech there in New York where you say Lebanon cannot become the next Gaza, but Benjamin Netanyahu’s arrived in New York and said there’s no ceasefire coming. He says we won’t rest until our citizens return safely to our homes in northern Israel. He says we’ll continue degrading Hizballah until all our objectives are attained. Are you shouting into the void here?

    Penny Wong, Foreign Minister: We’ve joined with the United States, the United Kingdom, the European Union and many other countries to call for a ceasefire in Lebanon, and I would say to Israel, you know, we want you to listen to the international community.

    It is true that Hizballah is a terrorist organisation, it is true that they have not been complying with UN Security Council Resolutions, but we see the horrific loss of life in Gaza, we see 11,000 children killed, you know, the world does not want to see more civilian deaths; we have to find a different way to deal with the legitimate issues of concern in relation to the border.

    Clennell: He’s not listening though, is he, no matter how many times you and even the US says it?

    Foreign Minister: I can’t speak for the government of Israel. What I can say to you is when you have a coalition of countries, which includes many historic friends and allies of Israel, making the same point, then that is a very clear demonstration of the will of the international community.

    Clennell: Did you expect Israel to attack Hizballah in the manner it has? What is the end game to this conflict, including in Gaza, to the Israeli Government, do you think?

    Foreign Minister: Well, this is a – that’s a very good question, and what is the end game, and one of the points that we have made, and many others have made, that ultimately the end game should be peace and security in the region, peace and security for Israelis, peace and security for the people of Israel, and that will require a two‑state solution, that is the only pathway to long‑term peace and security for both Israelis and for Palestinians.

    Clennell: Many, many leaders before you have attempted this, as you well know. It just doesn’t look possible; I hate to say and ask you. So is there a way out of this without a two‑state solution because perhaps there has to be?

    Foreign Minister: If there is, I don’t think the international community is seeing it. We have 11,000 children who’ve been killed in Gaza, we have hostages who were taken by Hamas in the terrorist attack on Israel who are still being held, so you know, we have to work together as an international community, and that is what, you know, we have been trying to do this week saying that, you know, we have to come together, because ultimately the international community has to find a way to get on that pathway to peace, and it really comes down to the very simple proposition, Andrew, where is the long‑term security and peace for Israelis without a two‑state solution?

    Clennell: What did you make of the coordinated pager attack that took place? Do you support Israel doing that to target the Hizballah leadership, or do you condemn it?

    Foreign Minister: Well, I was asked about this, and obviously Hizballah is a terrorist organisation, and we understand the security position Israel is in.

    Having said that, we’ve seen so much violence in the Middle East, and I talked tonight about that cycle of violence, the continued escalation, the continued retribution, that continued cycle of violence, and ultimately that will not bring peace and it will not bring security, which is why Australia and others, including the United States and the United Kingdom have called for a ceasefire in Lebanon and diplomacy to try and resolve this, because we have seen so many people, so many people die.

    Clennell: You say retribution, Israel would say they’re acting in self-defence. Would you accept that they’re acting in self-defence at all?

    Foreign Minister: One of the points I made in the speech tonight is that the international community has agreed rules, even in war there are rules, even when attacking terrorists there are rules, even when defending your borders there are rules, and we agreed them as an international community 75 years ago in the Geneva Conventions because we understood what it means when humanity goes into conflict with no rules. So Australia –

    Clennell: So what rules do you think are implicit in that?

    Foreign Minister: Well –

    Clennell: Is it that you think Israel are breaking rules, isn’t it; isn’t that implicit in that statement? So what rules are being broken?

    Foreign Minister: Ultimately the decision about whether international law is breached or not is a decision for international courts. But what I am saying and what the international community is saying is that civilians must be protected, aid workers must be protected, and you know, we are months, eleven months into this conflict. We’ve seen so many people killed, we’ve seen so many civilians have been lost, we’ve seen so many children who have been killed, and this is really a cycle of violence that we have to find a way out of.

    Clennell: The government’s spoken a lot about fears of a broader regional conflict, you’ve spoken of that. Is the big fear of a war between Iran and Israel?

    Foreign Minister: I think there’s a lot of points of regional escalation people have been worried about, obviously Lebanon is one, as you said, you know, Hizballah, which is a terrorist organisation and is an Iranian proxy, you know, there is always the risk of even further escalation.

    We’ve been concerned about that for a long time, as have others in the international community, and we’ve been engaging with all the parties we can to urge de-escalation and restraint, and I know that sometimes it isn’t popular in Australia, certainly with some of the Coalition to talk about restraint, but sometimes that is the only pathway to ensure you don’t see more lives lost.

    Clennell: Have you had an opportunity there to speak to Israeli and Lebanese, or indeed Iranian representatives, and if so what have been the nature of those conversations?

    Foreign Minister: Yes, well, I haven’t seen – I’ve engaged with the Foreign Minister of Israel, but he, I don’t think he’s been here. I have had a conversation with the Foreign Minister of Lebanon today. Obviously with the attacks on Beirut, they’re very concerned, very worried, hoping that there can be – that conflict can be averted, very concerned about the situation, and you know, I expressed to him, you know, our desire to – for all parties to de-escalate, you know, we obviously know that it’s important that the Lebanese Government urge Hizballah to de-escalate, to not engage in further violence and aggression.

    I also expressed to him that, you know, we understood the humanitarian situation, and I have just authorised another couple of – $2 million in humanitarian relief to Lebanon.

    Clennell: Do you think there’s any aspect of the approach of Benjamin Netanyahu which is affected by the fact the US are about to go to an election and he thinks he may have a different administration to deal with?

    Foreign Minister: You’ll have to ask Prime Minister Netanyahu that.

    Clennell: What’s your belief?

    Foreign Minister: Well, that’s not a – that’s an opinion that I think I’ll leave to you and other commentators. I’m the Foreign Minister of Australia, and my job is to articulate our foreign policy and our position. That’s what I’ve done tonight, and that’s what I’ve done to Israel. I’ve said very clearly, no, we understand the circumstances of October 7, it was horrific, but from day one, we have said international humanitarian law matters, civilian lives matter, all lives have value.

    Clennell: You’ve made comments once again supporting a Palestinian state just now. What’s the government’s position on the requirements for that? Would you have a requirement after the October 7 attacks that there would have to be a ban of Hamas membership of any government before that could occur, or do you think some remnants of that leadership could remain?

    Foreign Minister: I’ve said that – well, I’ve said there is no place for terrorists in the future Palestinian government, and Hamas is a terrorist organisation. I’ve said that there has to be reform of the Palestinian Authority, but fundamentally, you’d have to ensure that any Palestinian state did not threaten the security and viability of Israel. The whole logic of two states, of a Palestinian state and an Israeli state is that there are sufficient security guarantees that both states can live, can exist side by side securely. That is the whole logic of two states.

    Clennell: What’s the status of a potential evacuation of Australians from Lebanon?

    Foreign Minister: I’m very worried about Lebanon, as you know, Andrew. As you probably know I’ve been calling, advising Australians to leave I think since October. I have said very clearly this is – sorry, for some months, I should say. I’ve said very clearly, you know, we are worried about regional escalation, we have had do not travel for some time, for months now we have been saying please come home, we’ve done that over and over again, and the reason is we have so many Australians in Lebanon, and we are concerned about regional escalation, so I would again say to any Australian in Lebanon, please leave, please leave by whatever means are available whilst Beirut airport is still open.

    Clennell: Peter Dutton has essentially said there’s only one good side on this war and that’s Israel, and we should be giving Israel all our support as a country. When he went to Israel he was left with the impression the administration was bemused Australia had not provided more support to it. What do you make of that view of Mr Dutton, because it creates a clear partisan difference on Foreign Affairs, doesn’t it?

    Foreign Minister: Well, I think our support for the existence of the state of Israel, which is bipartisan, does not mean we walk away from supporting international humanitarian law. It does not mean we don’t say each civilian should be protected. I mean Mr Dutton should remember Australia is, you know, we’re a country that prides ourself on our respect for the rule of law, and that has to apply internationally as well, and that is why it is appropriate for Australia to talk about the need to protect civilians.

    Clennell: The US this week said they were banning certain Chinese electric vehicles from their country because they could be remotely operated in a war situation. Chris Bowen said at the moment we’re not going to do the same. Have you had any advice in relation to this, what’s behind our stance on this?

    Foreign Minister: Well, look, we will continue to discuss this with the United States, we will continue to take advice from our security agencies about this and about all other matters.

    Clennell: You called Vladimir Putin a coward in your speech for using the veto of the Security Council to protect his illegal actions in Ukraine. You want reform of the UN Security Council, is that maybe too ambitious?

    Foreign Minister: Well, I do think it’s an act of a coward to use a veto to avoid, you know, your responsibility, and you know, the extraordinary thing, the really immoral thing about what Russia is doing, apart from their illegal and immoral invasion of Ukraine, is the use of a veto that the international community gave them in order to protect the UN Charter, in order to protect international law and the sovereignty of all nations is being used by this man to protect himself as he breaches that law, right, and I think that is cowardly.

    You know, we continue to stand with Ukraine in the defence of their sovereignty.

    Clennell: So Donald Trump just met President Zelenskyy and said that if he’s elected there will be a peace deal soon, and he has good relations with both Putin and Zelenskyy. What do you make of that?

    Foreign Minister: Well, you know, we all would hope for peace on terms that are satisfactory to Ukraine.

    Clennell: Just finally, you’re on the Expenditure Review Committee of Cabinet, one of the key leaders of the government. Has there been in recent months any discussions that the government could take a policy to alter negative gearing to an election; is this something the Treasurer and or Housing Minister are interested in?

    Foreign Minister: That’s a good try, Andrew, but you know, you know, we don’t discuss what happens in Cabinet, and what I would say is what I’ve said publicly, we don’t have any plans in relation to negative gearing. What we do want to do though is increase the supply of housing, and that’s what we’re trying to do.

    Clennell: Foreign Minister Penny Wong in New York. Thanks so much for your time.

    Foreign Minister: Good to speak with you, Andrew.

    MIL OSI News –

  • MIL-OSI China: 6 killed, 10 injured in Pakistan’s helicopter crash

    Source: China State Council Information Office 3

    A chartered helicopter crashed in Pakistan’s northwest Khyber Pakhtunkhwa province on Saturday afternoon, killing six people on board while injuring ten others, police officials said.

    The incident happened at about 1:00 p.m. local time when a helicopter chartered by a private oil exploration and production company Mari Petroleum crashed in the Shewa area of North Waziristan district of the province, District Police Officer Rokhanzeb Khan told Xinhua.

    Six people, including two Russian pilots of the aircraft, were killed in the unfortunate incident, said the official, adding that ten others sustained injuries, including staff of the private company.

    The incident occurred due to a technical fault in the aircraft immediately after it took off, according to local government officials. The engine of the helicopter caught fire before it hit the ground and crashed, officials added.

    The cause of the technical fault is still unknown and is being investigated by the relevant authorities.

    Following the incident, rescue teams and security personnel reached the area and cordoned it off.

    MIL OSI China News –

  • MIL-OSI Russia: Rachmaninov, Glinka and Mozart: VDNKh to host concerts and lectures in honor of International Music Day

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    A thematic creative program was prepared at VDNKh in honor of International Music Day, which is celebrated annually on October 1. The events will last the entire month. This was reported by Natalia Sergunina, Deputy Mayor of Moscow.

    “The Worker and Kolkhoz Woman pavilion will host concerts, lectures and performances for Muscovites and tourists. For example, visitors will hear works by classics – Rachmaninov, Glinka, Bizet and Mozart,” said Natalia Sergunina.

    Entry to events is free, with prior registration required. on the VDNKh lecture hall page.

    The play “The Sign of the Opera” staged by the Moscow Puppet Theatre will be presented on October 2 at 19:00. The audience will travel through four famous stories – “The Magic Flute” by Wolfgang Amadeus Mozart, “Ivan Susanin” by Mikhail Glinka, “Orpheus and Eurydice” by Christoph Gluck and “Carmen” by Georges Bizet.

    On October 3 at 19:00 there will be a musical program “Russian Basses”. Arias and romances from the repertoire of the singer Fyodor Chaliapin will be performed by soloists of the State Academic Bolshoi Theater of Russia and the Moscow Academic Musical Theater named after K.S. Stanislavsky and V.I. Nemirovich-Danchenko.

    The Gnessin Baroque ensemble will perform ancient compositions from the 17th century on October 5 at 19:00.

    On October 9 at 19:00 there will be a concert “Sounding Canvases: Roerich” with sand animation inspired by the works of the famous artist. Guests will hear Armenian folk and liturgical melodies, as well as music performed on the duduk.

    On October 12 at 6:00 p.m. guests will be invited to the lecture “The Unearthly Beauty of the Soprano: From Ariadne to the Queen of Shemakha” from the series “The Opera Voice in History: Changing and Unchanging”.

    Listeners will get acquainted with the late works of the famous Russian composer Sergei Rachmaninoff and his last work, “Symphonic Dances,” at a lecture that will take place on October 27 at 16:00.

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

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

    https://vvv.mos.ru/nevs/item/144532073/

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

    MIL OSI Russia News –

  • MIL-OSI Russia: The Moscow Longevity Project invites city residents to events in honor of the Day of the Older Generation

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    For the Day of the Older Generation, which is traditionally celebrated on October 1, master classes, intellectual games and creative meetings will be held at venues throughout the city.

    “The Day of the Older Generation is the best reason to visit the Moscow Longevity Centers and become part of a large community of active Muscovites of the “silver” age. The city has created unique opportunities for self-realization, creativity, communication and health improvement, and more than 580 thousand people have already taken advantage of them, changing their lives. On the Day of the Older Generation, the centers will host events that can be attended by the whole family, because it is fundamentally important for us that Muscovites begin to think about their longevity as early as possible,” said the deputy head of the capital’s Department of Labor and Social Protection of the Population.

    Vladimir Filippov.

    On September 29, guests are invited to attend the autumn festival for the whole family “Harvest Fest – 2024”, where an exhibition and fair of products from the project participants will be open all day “Moscow Longevity”. Visitors will be able to purchase unique handmade items: jewelry, household items, T-shirts with designer prints, as well as homemade preserves and seasonal vegetables. Guests will be treated to the art exhibition “Harvest” with designer installations and art objects with vegetables and fruits grown by participants in the “Moscow Longevity” project. The food court will feature dishes made from seasonal products. The festival will also feature concerts, master classes, and a carving lab (cutting out figures from fruits and vegetables). Find out the detailed schedule and You can register using the link.

    The festival will take place from 12:00 to 20:00 in the courtyard of the Moscow Longevity Center “Presnensky” (Presnensky Val Street, Building 14, Building 5).

    A photo exhibition will open on Tverskoy Boulevard and in Yekaterininsky Park on September 30 “Territory of the Future. Moscow 2030”. The stand of the Moscow Longevity project became one of the brightest and most creative at the site in Gostiny Dvor. The participants of the photo shoot, in the lens of photographer Dmitry Iskhakov, tried on the images of the younger generation and fantasized about what the long-livers of the future might be like.

    On October 1, the Day of the Older Generation, several events await city residents at once. Muscovites and their families are invited to the “Guest Day”, which will be held in all 134 centers Moscow longevityFrom 10:30 to 20:30 a unified festive program will be organized there.

    The morning will begin with energetic exercises and a culinary master class on baking charlotte. During the day, guests will be able to participate in creative activities: create souvenirs with their own hands, learn dance moves, learn about personal style, and study information technology.

    At 18:00, everyone is invited to the game “Longevity Quiz”. For the first time, 134 teams from Moscow longevity centers will play a quiz at the same time. Cinema, music, travel, sports, cooking – these are just some of the topics in which participants will test their knowledge. To play, you need to choose the nearest center, form a team of up to 10 people and register via the link. 

    At 19:30 the premiere of the series “I’m not OLD” will begin, the main characters of which are not professional actors, but participants of “Moscow Longevity”.

    The center’s specialists will tell guests about the project’s possibilities, help them choose classes, and enroll them in suitable groups.

    On October 2, from 09:00 to 18:00, the Sber office at 41 Oruzheyny Pereulok will host the Dobry Market, where they will present about a thousand products created by the hands of Moscow Longevity participants: toys, decorative items, jewelry, candles, bags, paintings, and more. Admission is free.

    New directions, “Longevity exercises” and star guests: how the summer season of the “Moscow Longevity” project wentFamily recipes and national cuisine: about 100 culinary clubs opened by participants of Moscow LongevityThe number of Moscow longevity centers has increased to 134 — Sergei Sobyanin

    All interested senior citizens are invited to join the classes of the Moscow Longevity project. You can choose a group and sign up for the project on the mos.ru portal or by contacting any center Moscow longevity.

    Moscow Longevity Projectis being implemented within the framework of the regional project “Older Generation” of the national project “Demography”. More information about this and other national projects implemented in Moscow, you can find out here.

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

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

    https://vvv.mos.ru/nevs/item/144530073/

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

    MIL OSI Russia News –

  • MIL-OSI Russia: The area near the Kashirskaya metro station is being reorganized by the owner under the KRT program

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    In the Nagatino-Sadovniki district, a site near the Kashirskaya station of the Big Circle Line of the metro will be reorganized. The owner of the site has given consent to the implementation of the project under the program of integrated development of territories (KRT). This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The city plans to conclude a KRT agreement with the land owner. The area of 0.88 hectares is planned to be used for the construction of 53.6 thousand square meters of public and business real estate. Investments in the project implementation will exceed 16 billion rubles, and the annual budget effect will amount to almost 500 million rubles. As a result of the redevelopment of the site in Nagatino-Sadovniki, over 1.2 thousand jobs will appear,” said Vladimir Efimov.

    The site is located between Kashirskoe Shosse and Marshal Shestopalov Street. The rights to it belong to Avest LLC.

    “Over the course of four years, the construction of public and business facilities is planned on the site, including a 250-room hotel. A non-permanent shopping center with an area of 980 square meters will also be built on the territory,” noted the Minister of the Moscow Government, head of the capital’s Department of City Property

    Maxim Gaman.

    Earlier Sergei Sobyanin approved the plans for the integrated development of territories in the North-Eastern and Southern Administrative Districts.

    Sobyanin: KRT helps make city blocks modern and attractiveThe city has published 32 integrated territorial development projects since the beginning of the yearBy the end of the year, the number of implemented KRT projects will almost double

    According to the program of integrated development of territories, multifunctional city quarters are being created, where roads, comfortable housing and all necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 236 KRT projects with a total area of more than 3.1 thousand hectares are at various stages of implementation in Moscow. The projects are being developed on behalf of Sergei Sobyanin.

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

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

    http://vvv.mos.ru/nevs/item/144529073/

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Convenient routes will be laid between the Perovo MCD-3, metro and Shosse Entuziastov MCC stations

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Specialists from the city services complex are developing convenient pedestrian and transport routes between the Perovo station of the third Moscow Central Diameter, the metro and Shosse Entuziastov of the Moscow Central Circle in the east of the capital. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “The main task is to ensure pedestrian and transport accessibility of the stations and significant objects that are located nearby, this is a medical center, a hospital, a clinic, several schools. The improvement boundaries include Elektrodnaya, Perovskaya, Kuskovskaya and Plekhanova streets,” noted Petr Biryukov.

    Specialists will widen sidewalks and replace their surfaces with a total area of 47.3 thousand square meters. 42 thousand square meters of asphalt will be laid on the roadway, parking will be organized for almost 250 cars. There will also be 17 public transport stops with wireless communication and charging slots.

    The lighting systems in the area will be modernized. The area around transport facilities will be illuminated by more than 160 lanterns and 345 street lamps with energy-efficient bulbs. Unregulated pedestrian crossings will be equipped with 75 contrast lighting supports.

    Seven playgrounds and three sports areas will be renovated. Three more new playgrounds will be improved – for basketball, teqball and outdoor exercise equipment. A park will be improved on Plekhanov Street, and a 450-square-meter concrete pump track with skate park elements will be built for teenagers and young people.

    More than 71 thousand square meters of lawn and over a thousand square meters of flower beds will be laid out near the stations. In the fall, it is planned to plant more than 60 linden and maple trees, 4.1 thousand shrubs.

    The areas around 10 Moscow metro stations will be improved this year — SobyaninMoscow Mayor Announces Plans for Improvement of Areas Near Metro Stations

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

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

    http://vvv.mos.ru/nevs/item/144537073/

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

    MIL OSI Russia News –

  • MIL-OSI Translation: Discovery day of the Drize construction site in the heart of the future districts of the Praille Acacias Vernets (PAV) project on October 5, 2024 in Sicli

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

    Source: Switzerland – Canton Government of Geneva in French

    A discovery day of the Drize construction site is organized by the territorial department and the urban operator PAV. The public will have the opportunity to discover the work of restoring the Drize to the open air around the Sicli pavilion. On this occasion, exceptional access to the construction site of this first stage of 450 meters of river will be open to the public.

    Construction site focus on two key locations

    Launched at the end of 2023, the first stage of the work to restore the Drize to the open air in the Praille Acacias Vernets (PAV) area will allow the renaturation of 450 meters of river on two sections located on either side of the Route des Acacias, one on Rue Boissonnas, the other at the foot of the Pictet Campus in Rochemont currently under construction.

    These two sections will be available to visit on October 5 as part of tours organized and accompanied by professionals. Participants will be able to go down and see the structure under the Acacias road that allows the river to cross this major road axis. The installation of this exceptional structure of 15 concrete blocks of 50 to 60 tons was carried out during the coup de poing operation of the Easter weekend 2024.

    Another point of interest on the construction site: a 3D view of the Drize brought back into the open air in the future Acacias district from the Boissonnas viewpoint, complete with explanations on the role of water in an urban environment.

    A varied program for everyone

    The public is invited to discover the prototype wall of the Drize section. An opportunity to deepen one’s knowledge of the different stones used, ancestral masonry techniques and the benefits of the project in favor of biodiversity.

    Workshops for children are organized throughout the day on the theme of the river and water in an urban environment.

    Finally, the development project for the future districts of the Praille Acacias Vernets project will be presented around the large model installed in the Sicli pavilion. Professionals will be present to present the project to visitors and answer their questions.

    A unique project in Switzerland with a strong impact on the environment

    Restores the open air, the Drize will make it possible to secure the future districts built in the PAV perimeter against the risk of flooding and will become a real ecological corridor in the city center with a positive impact on the future districts of the PAV. It will contribute to the development of biodiversity and will bring freshness to the city.

    Along its banks, public spaces and a greenway for soft mobility as well as relaxation areas will be developed for the well-being of all. Finally, this renaturation will allow better management of urban water which will return to its natural cycle.

    By 2035, the entire original route of the Drize will return to the open air, crossing the future districts over 2.0 km between Grange-Collomb and the Arve.

    This open-air restoration of the Drize, eventually completed by that of the Aire, is part of the major regeneration project of the Praille Acacias Vernets area, the objective of which is to create nine new housing and business districts that meet the challenges of the ecological transition.

    Discovery day of the Drize construction site in Sicli (meeting place)

    Saturday October 5 from 9:30 a.m. to 3:30 p.m.

    Two visits every 30 minutes (last departure at 3:30 p.m.) A workshop and children’s walk every hour (last workshop at 3:00 p.m.) Photo exhibition of the construction site Presentation of the model of the Praille Acacias Vernets perimeter Prototype wall of the Drize Photo booth Small catering

    Practical arrangements

    Information and registration

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

    MIL Translation OSI

  • MIL-OSI Russia: Urban development plans for land plots for the construction of private homes in TiNAO have been released

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Private houses will be built in the Troitsky and Novomoskovsky administrative districts. The capital’s five urban development plans for land plots with a total area of 0.62 hectares have been drawn up Committee on Architecture and Urban Development (Moskomarkhitektura). This was reported by Juliana Knyazhevskaya, Chairman of the Committee.

    The plots are located in the villages of Konakovo, Krucha, Rassudovo and Pesye, as well as in the settlement of Rogovo. The settlements are in the districts of Bekasovo, Voronovo and Krasnopakhorsky.

    “The total area of development on each site will not exceed 440 square meters. The settlements where houses will appear as part of individual housing construction are promising territories. There, conditions are created for comfortable living in private houses with all the necessary infrastructure within the city limits,” noted Yuliana Knyazhevskaya.

    Earlier, Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov said that from 2020 Muscovites bought it out about 500 land plots with a 60 percent discount for individual housing construction.

    Muscovites have signed over 300 contracts with the city to purchase land for housing constructionMuscovites have purchased more than six hectares of land for the construction of private homes since the beginning of the year

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

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

    http://vvv.mos.ru/nevs/item/144540073/

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

    MIL OSI Russia News –

  • MIL-OSI: Notice on Convening an Extraordinary General Meeting of Shareholders of AB Amber Grid

    Source: GlobeNewswire (MIL-OSI)

    On the initiative and by decision of the Board of AB Amber Grid (legal entity code 303090867, registered office address Laisvės av. 10, LT-04215 Vilnius, Lithuania), the Extraordinary General Meeting of Shareholders of AB Amber Grid is convened at the Company’s registered office (address Laisvės av. 10, Vilnius) on 18 October 2024 at 10:00 am.

    Draft Agenda of the Meeting:

    1) Approval of the conclusion of the Humanitarian Aid Contract

    Shareholder registration will commence at 9.15 a.m., 18 October 2024.
    Shareholder registration will be closed at 9.45 a.m., 18 October 2024.

    Record day of the General Meeting of Shareholders: October 11, 2024. Attendance and voting at the General Meeting of Shareholders shall be open to those persons who will be shareholders of the Company at the end of the record day of the General Meeting of Shareholders.
    A person attending the General Meeting of Shareholders and entitled to vote must provide a proof of identity. A person who is not a shareholder shall, in addition to the aforementioned document, provide a document confirming his/her right to vote at the General Meeting.
    Participation and voting at the General Meeting of Shareholders by electronic means shall not be possible.

    On 26 September, 2024, the Board of the Company approved the agenda of the General Meeting of Shareholders and the draft decision of the Meeting:

    1) Approval of the conclusion of the Humanitarian Aid Contract

    Proposed draft resolution:

    “1.1. In accordance with the procedure laid down in Article 11(21) of the Law on Development Cooperation and Humanitarian Aid of the Republic of Lithuania, upon the recommendation of the Ministry of Foreign Affairs of the Republic of Lithuania and the approval of the Ministry of Energy of the Republic of Lithuania, to enter into a Humanitarian Aid Contract with the Ukrainian company KHMELNYTSKOBLENERGO and to approve the following main terms of the Humanitarian Aid Contract:
    1.1.1. The subject matter of the Contract is humanitarian assistance to Ukraine’s energy sector. The humanitarian aid shall be provided through the transfer of 4 generators and 46 vehicles with a balance sheet value of EUR 60 285,53;
    1.1.2. The parties to the Contract shall be Amber Grid AB and the Ukrainian company KHMELNYTSKOBLENERGO;
    1.1.3. The purpose of humanitarian aid is the operation of energy infrastructure in wartime to meet the basic needs of people in wartime.
    1.2 To authorise the Chief Executive Officer of the Company (with the right to sub-delegate) to sign the Humanitarian Aid Contract in accordance with the material terms and conditions of the Contract as set out in Clause 1.1, and to agree the other (non-material) terms and conditions of the Contract on behalf of the Company.”.
    The Company’s shareholders may access the draft decisions of the General Meeting of Shareholders and other additional materials related to the General Meeting of Shareholders and the exercise of shareholders’ rights at the Central Regulated Information Database at www.crib.lt and on the Company’s website www.ambergrid.lt.

    The shareholders of Amber Grid AB, whose shares carry at least 1/20 of the total number of votes, shall have the right to supplement the agenda of the General Meeting of Shareholders. The proposal to supplement the agenda shall be submitted in writing by registered mail or delivered to the Company’s registered office at Laisvės av. 10, LT-04215 Vilnius (hereinafter referred to as the “Headquarters”). The proposal shall be accompanied by draft decisions on the proposed items or, where no decisions are required, explanations on each proposed item on the agenda of the General Meeting of Shareholders. The agenda shall be supplemented if the proposal is received by 4 October, 2024 at the latest.

    Shareholders holding shares representing at least 1/20 of the total votes shall have the right to propose new draft decisions in writing on the items on the agenda of the meeting at any time before or during the General Meeting of Shareholders. Such proposal shall be in writing and submitted to the Company by registered mail or delivered to the Headquarters. A proposal made at the meeting shall be registered in writing and forwarded to the Secretary of the General Meeting of Shareholders.

    Shareholders shall have the right to submit to the Company questions relating to the agenda of the General Meeting of Shareholders to be held October 18, 2024 in advance, no later than by 15 October, 2024. Questions shall be in writing and shall be submitted to the Company by registered mail or delivered to the Headquarters. The Company will not provide an answer to a question submitted by a shareholder in person if the relevant information is available on the Company’s website.

    Each shareholder shall have the right to authorise a natural or a legal person to attend and vote on his/her behalf at a General Meeting of Shareholders. The authorized person shall have an identity document and a power of attorney certified in accordance with the procedure established by laws, which shall be delivered to the Headquarters no later than by the close of registration for the General Meeting of Shareholders. The authorized person shall have the same rights at the General Meeting of Shareholders as the shareholder he/she represents. The form of a power of attorney for representation at the General Meeting of Shareholders is available on the Company’s website at www.ambergrid.lt.

    Shareholders may vote on the items on the agenda of the General Meeting of Shareholders in writing by completing a general ballot paper. If a shareholder so requests, the Company shall send the general ballot paper form by registered mail or deliver it in person against signature free of charge no later than 10 days before the General Meeting of Shareholders. The completed general ballot paper shall be signed by the shareholder or his/her authorised representative. If the completed general ballot paper has been signed by a person who is not a shareholder, the completed ballot paper shall be accompanied by a document confirming the right to vote. The duly completed general ballot paper shall be submitted to the Company by registered mail or delivered against signature at the Headquarters not later than the close of shareholder registration for the General Meeting of Shareholders. The form of the general ballot paper is available on the Company’s website at www.ambergrid.lt.

    The total number of shares at the date of convening of the meeting was 178 382 514. All these shares carry voting rights.

    The information provided for in Article 26 (2) of the Law on Companies of the Republic of Lithuania will be available on the Company’s website at www.ambergrid.lt.

    Information on supplements to the agenda and on the decisions adopted by the meeting will also be available on the Central Regulated Information Database www.crib.lt.

    Annexes:
    1. Voting ballot of AB Amber Grid;
    2. Form of the power of attorney of AB Amber Grid;
    3. Press release.

    More information:
    Laura Šebekienė, Head of Communications of AB Amber Grid,
    +370 699 61 246, l.sebekiene@ambergrid.lt

    Attachments

    The MIL Network –

  • MIL-OSI United Kingdom: PM meeting with Prime Minister Mottley of Barbados: 26 September 2024

    Source: United Kingdom – Executive Government & Departments

    The Prime Minister met Prime Minister Mia Mottley of Barbados at UNGA. 

    The Prime Minister met Prime Minister Mia Mottley of Barbados at UNGA. 

    Both leaders stressed the strength of the relationship between their two countries and discussed the importance of working together on key issues such as international financial institution reform, climate change and pandemic preparedness.

    They looked forward to meeting again soon.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Press release: PM meeting with Prime Minister Mottley of Barbados: 26 September 2024

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

    The Prime Minister met Prime Minister Mia Mottley of Barbados at UNGA. 

    The Prime Minister met Prime Minister Mia Mottley of Barbados at UNGA. 

    Both leaders stressed the strength of the relationship between their two countries and discussed the importance of working together on key issues such as international financial institution reform, climate change and pandemic preparedness.

    They looked forward to meeting again soon.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Equinox Seas report published

    Source: United Kingdom – Executive Government & Departments

    Fatal fall from height on bulk carrier Equinox Seas at ONEX Syros Shipyard, Ermoupoli, Syros, Greece.

    Today, we have published our accident investigation report into the fatal injuries sustained by a crewman on board the Cayman Islands registered bulk carrier Equinox Seas on 17 April 2023, when he fell down an open ventilation trunk where a fan had been removed for maintenance by the shipyard.

    The report, available via this link, contains details of what happened, subsequent actions taken and recommendations.

    This investigation was carried out by the UK Marine Accident Investigation Branch (MAIB) on behalf of the Cayman Islands Government in accordance with the Memorandum of Understanding between the MAIB and the Red Ensign Group Category 1 registries of Isle of Man, Cayman Islands, Bermuda and Gibraltar.

    Media enquiries (telephone only)

    Media enquiries during office hours 01932 440015

    Media enquiries out of hours 0300 7777878

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: PM meeting with Prime Minister Mikati of Lebanon: 26 September 2024

    Source: United Kingdom – Executive Government & Departments

    The Prime Minister met Lebanese Prime Minister Najib Mikati at UNGA.

    The Prime Minister met Lebanese Prime Minister Najib Mikati at UNGA.

    The Prime Minister opened by giving his sincere condolences to Prime Minister Mikati for the loss of civilian life in recent weeks. 

    They discussed the escalating conflict in Lebanon, and agreed on the importance of an immediate ceasefire and a negotiated solution.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom –

  • MIL-OSI: Municipality Finance issues EUR 50 million notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    27 September 2024 at 10:00 am (EEST)

    Municipality Finance issues EUR 50 million notes under its MTN programme

    Municipality Finance Plc issues EUR 50 million notes on 30 September 2024. The maturity date of the notes is 30 September 2054. MuniFin has a right, but no obligation, to redeem the notes early on 30 September 2027. The notes bear interest at a fixed rate of 3.548% per annum.

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 30 September 2024.

    UBS Europe SE acts as the dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland.
    The Group’s balance sheet totals over EUR 50 billion.

    MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network –

  • MIL-OSI Russia: The government has exempted regions from paying off part of their restructured debt on budget loans

    MILES AXLE Translation. Region: Russian Federation –

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

    Resolution of September 26, 2024 No. 1307

    Document

    Resolution of September 26, 2024 No. 1307

    Regions will be exempted from repaying two-thirds of the restructured debt on budget loans in 2024. According to the resolution signed by Prime Minister Mikhail Mishustin, the said debt will be written off in 2025.

    The decision was made on the instructions of the President. During the announcement Addresses to the Federal Assembly on February 29 Vladimir Putin noted that he considers it necessary to reduce the debt burden of the regions and proposed writing off two-thirds of the regions’ debt on budget loans.

    Mikhail Mishustin, presenting a report on the Government’s work to the State Duma in April, clarified that writing off debt with the possibility of using the released funds to implement major projects will help regions solve infrastructure problems, including construction, upgrading utility networks, gasification, and laying transport highways.

    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/52806/

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

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Free Help at the Hub for residents at an open day in Penn Fields

    Source: City of Wolverhampton

    A variety of city organisations will be on hand for the Help at the Hub day in the Sports Hall of United Reformed Church, Lea Road, Penn Fields, WV3 0LW, on Wednesday 16 October between 11am and 2pm.

    Help at the Hub has been organised by officers at the council’s Public Protection Scams Team who will be handing out free scams awareness and prevention packs.

    Representatives from adult education, African Caribbean Community Initiative (ACCI), Citizens Advice, cost of living advisor, neighbourhood safety co-ordinator, NHS talking therapies, public protection, Shared Lives, waste services, West Midlands police and Wolverhampton College will be available.

    Residents are welcome to drop in and speak to any number of the organisations for free help and assistance.

    Councillor Bhupinder Gakhal, City of Wolverhampton Council’s cabinet member for resident services, said: “Our Help at the Hub days continue to offer a wide range of support and advice for local people.

    “The regular drop-in sessions are proving to be a really popular way for people to gain face-to-face help and assistance.

    “By taking information out into the community, we hope to be able to offer assistance to as many people as possible, whether it be advice on financial matters or help with health and safety concerns. Please join us on 16 October for a chat about your worries.”

    Residents do not have to book an appointment but are asked to please be prepared to wait if the event is busy. 

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Save money on your childcare bills with tax free childcare

    Source: City of Wolverhampton

    This rises to £1,000 every quarter, or £4,000 per year per child, if the child has a disability.

    To take advantage, working parents and carers need to set up an online childcare account for their child or children. For every £8 they pay in, the Government will top this up by £2, up to a maximum of £2,000 a year, or £4,000 if the child has a disability.

    It can then be used to pay for childcare including childminders, nurseries and nannies, playschemes, before and after school clubs, and holiday clubs, if providers are signed up to the scheme.

    Councillor Jacqui Coogan, the City of Wolverhampton Council’s Cabinet Member for Children, Young People and Education, said: “Accessing childcare gives your child the chance to learn, play and make new friends and the opportunity to develop and master new skills – and of course it also helps working parents and carers to juggle their careers with their caring responsibilities.

    “Thousands of families across Wolverhampton are already taking advantage of the national tax free childcare scheme, helping them save money on childcare, and I would encourage other working parents and carers to find out if they are eligible, too.”

    To be eligible, parents and carers must be working at least 16 hours a week, earning at least the National Minimum Wage or National Living Wage and up to £100,000 per year. Tax free childcare cannot be claimed at the same time as Working Tax Credit, Child Tax Credit or Universal Credit.

    The child is eligible until the September after their 11th birthday, or until their 17th birthday if they have a disability, and parents and carers must reconfirm their eligibility every 3 months.

    For more information, please visit Childcare Choices.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Find out about working in childcare at jobs fair

    Source: City of Wolverhampton

    Wolves Workbox is hosting the Childcare Jobs and Opportunities Fair at Wolves at Work, Unit 5, i10, Victoria Square, Wolverhampton on Saturday 19 October from 10am to 1pm.

    It will offer information on working in the childcare sector, with local providers discussing vacancies and apprentice opportunities. People will be able to apply for vacancies on the day and provide their contact details so they can get employability support from Wolves at Work staff.

    There will also be information about the Do Something Big recruitment campaign’s ‘golden hello’ payment of up to £1,000 for people entering or returning to the sector.

    There is no need to book – simply turn up on the day. For further information, please call the Wolves at Work team on 01902 554400 or email wolvesatwork@wolverhampton.gov.uk.

    Councillor Jacqui Coogan, the City of Wolverhampton Council’s Cabinet Member for Children, Young People and Education, said: “Childcare is a job with impact. Working with small children, you get to be part of their early education and to make a difference that lasts a lifetime.

    “You can be part of a team or lead a team in nurseries, pre-schools, playgroups or schools, or you can be your own boss and become a childminder, and with the recent expansion of free childcare to working parents, there are plenty of jobs out there.

    “So, if you are thinking of entering or returning to the sector, please come along to the Childcare Jobs and Opportunities Fair to find out more.”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: News story: PM meeting with Prime Minister Mikati of Lebanon: 26 September 2024

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

    The Prime Minister met Lebanese Prime Minister Najib Mikati at UNGA.

    The Prime Minister met Lebanese Prime Minister Najib Mikati at UNGA.

    The Prime Minister opened by giving his sincere condolences to Prime Minister Mikati for the loss of civilian life in recent weeks. 

    They discussed the escalating conflict in Lebanon, and agreed on the importance of an immediate ceasefire and a negotiated solution.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom –

  • MIL-OSI Europe: G20 Foreign Ministers’ Meeting Address by Jean-Noël Barrot Minister for Europe and Foreign Affairs – Economic and Social Council Chamber (25.09.24)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    Colleagues,

    Ladies and gentlemen,

    I would like to thank the Brazilian G20 Presidency, and particularly Foreign Minister Mauro Vieira, for taking the initiative of organizing this meeting in a spirit of cohesion and cooperation.

    This year, we celebrate the 80th anniversary of the Bretton Woods Institutions, and the Secretary-General’s Summit of the Future is being held. This is a unique opportunity to reaffirm the importance of the multilateral system, built around the United Nations, and to speed up its reform.

    Despite imperfections, the existing system remains crucial in responding to the crises we face. It does however need to become fairer and more effective. There is no shortage of challenges: we have to fight poverty, inequalities and climate change. We need to prepare ourselves to respond to pandemics when they emerge.

    These are ambitions championed by Brazil under its G20 Presidency, and which it will champion under its Presidency of COP30 in Belém. We share these ambitions.

    The same spirit drives France’s clear, long-standing and constant support for Security Council, with its belief that both its membership categories need expanding.

    For 20 years we have been advocating better representation for Africa on the Security Council, including among the permanent members. That is key for the G4 model, and therefore for Brazil, whose aspirations to gain a permanent seat we support. France has moreover advocated for the G20 to invite the African Union to its meetings.

    In this same spirit of responsibility, France and Mexico promote an initiative that requires no amendment of the Charter and that would allow responsible veto use, with a commitment not to use a veto in the event of mass atrocities. I welcome the fact that many States around this table already support our initiative, and I call on all those that want to bring about change to join us.

    The General Assembly needs to be revitalized to make it more effective. It needs to guide us towards achieving the Sustainable Development Goals and respect for international law, humanitarian law and human rights.

    We also need to listen to what it has already told us. In October 2022, 143 Member States at the General Assembly affirmed their support for Ukraine’s sovereignty and territorial integrity. In February 2023, 141 States called for the withdrawal of Russian troops from Ukraine. That message is clear.

    Reform should not be limited to the organs in New York. The international financial institutions also need an overhaul. We have managed to find additional financing from all available public and private sources. We will continue this effort, building on the momentum generated by the Paris Pact for Peoples and the Planet that has to date been endorsed by 62 States.

    The Pact has produced tangible results. I have in mind the deployment of innovative mechanisms, such as climate-resilient debt clauses. A Global Solidarity Levies Task Force, co-chaired by France, Kenya and Barbados, is operational and meets regularly to draw up innovative proposals aimed at making the financial system fairer and more equitable. I also have in mind our debt-relief action for developing countries.

    More specifically, the aspirations of developing countries need to be better addressed. That means they need to be better represented in these institutions. We have opened dialogue regarding a review of the shareholding of the International Bank for Reconstruction and Development and the 17th General Review of Quotas of the IMF.

    The World Trade Organization needs to be more effective in fighting protectionism and addressing new realities. We have all reached the same conclusion: our system needs to reconcile global trade and protection of the climate and biodiversity. So together, we need to develop rules and mechanisms that will make global trade and accelerator for the energy and ecological tradition worldwide.

    I would like to finish by saying that through its Call for Action, the G20 is showing that it aspires to make reform of global governance a tangible reality, enabling effective collective action. France undertakes to contribute to this reform in a constructive spirit, against fragmentation, in accordance with rules, and for the good of all our people.

    Thank you.

    MIL OSI Europe News –

  • MIL-OSI Russia: Marat Khusnullin opened a bank office and a monument to construction workers and restorers in the DPR

    MILES AXLE Translation. Region: Russian Federation –

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

    Deputy Prime Minister Marat Khusnullin made a working visit to the Donetsk People’s Republic, where he took part in the opening of a bank office, a monument, and held a meeting on the socio-economic development of the region.

    “The financial system is the foundation without which new regions will not be able to develop at a sufficient pace. After the opening of the updated PSB office, we held a meeting on this topic. We discussed, among other things, growth points for mortgages and lending to enterprises participating in the SEZ,” the Deputy Prime Minister said.

    He added that this PSB office is one of more than 20 branches of the bank in Mariupol. It works for both individuals and legal entities. The bank has a mortgage center, as well as several ATM zones, including with 24/7 access.

    In addition, the Deputy Prime Minister opened a monument to the builders and restorers. On each side of the memorial are bronze bas-reliefs of the restored objects – the School of Arts, the Intensive Care Hospital, the Priazovsky State Technical University and images of the builders at work.

    “It was largely thanks to them that life in the new regions was revived. So this monument is a kind of ‘thank you’ to the 35 thousand builders from all over the country involved in the restoration work in the new regions,” said Marat Khusnullin.

    Concluding his working visit, the Deputy Prime Minister saw how the Central School of Arts had been restored and discussed the program for the socio-economic development of the DPR.

    “Our task is to draw it up for three and six years so that it will lead to the achievement of the goals set by the President as much as possible. We need to define the strategy and priorities now. The key ones are housing, roads, social and economic blocks, launching production,” Marat Khusnullin noted.

     

     

    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/52813/

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Happy World Tourism Day!

    MILES AXLE Translation. Region: Russian Federation –

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

    The history of World Tourism Day begins in 1925, when the International Congress of Official Tourism Organizations was created in The Hague, which is now called the World Tourism Organization (United Nations World Tourism Organization – UNWTO). It was this organization that established World Tourism Day in 1979, which has been celebrated in our country since 1983.

    The holiday is intended to draw attention to the possibilities of developing international cooperation in the field of travel. Currently, about 6% of the world’s gross national product comes from tourism, and the approximate number of tourist trips around the world reaches 1.3 billion.

    The State University of Management congratulates the Department of Management in International Business and Tourism Industry on the holiday. We wish the teachers talented students, the students – good studies, and the graduates – an interesting and eventful working life in the context of the active development of domestic tourism and the search for new destinations for foreign tours. To all other travel lovers – many unforgettable impressions and bright photos against the backdrop of the beauty of nature and architectural monuments.

    Subscribe to the TG channel “Our GUU” Date of publication: 09/27/2024

    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.

    Happy World Tourism Day!

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

    MIL OSI Russia News –

  • MIL-OSI Translation: Public Warning: Primary Aromatic Amines in a Mömax Potato Masher

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

    Source: Switzerland – Department of Foreign Affairs in French

    Federal Food Safety and Veterinary Office

    Bern, 27.09.2024 – The Federal Food Safety and Veterinary Office (FSVO) is warning against the potato masher of the “modern living” brand from Mömax due to excessive migration of certain chemical compounds called “primary aromatic amines”. Since a health risk cannot be ruled out, the FSVO recommends that the population not use this product. Mömax has immediately withdrawn the product from sale and ordered a recall.

    How can this product be dangerous?Primary aromatic amines (PAAs) are chemical compounds that are used, for example, in the manufacture of certain dyes. Some of them are considered carcinogenic. An analysis has found an excessive migration of PAAs from the above-mentioned kitchen utensil.

    Which product is affected?Article, brand: Classic potato masher, modern livingBatch number: 4JA99Points of sale: All Mömax subsidiaries

    What should affected consumers do?

    The FSVO recommends that the population does not use this product.

    Address for sending questions

    Consumers: Federal Food Safety and Veterinary Office FSVO Customer communication Tel. 41 58 463 30 33 info@blv.admin.ch

    Journalists: Federal Food Safety and Veterinary Office (FSVO) Media Service Tel. 41 58 463 78 98 media@blv.admin.ch

    Author

    Federal Food Safety and Veterinary Officehttp://www.blv.admin.ch

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

    MIL Translation OSI

  • MIL-OSI Russia: A ceremonial meeting of the Supervisory and Academic Councils of NSU was held, dedicated to the 65th anniversary of the university

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    Yesterday, a ceremonial meeting of the Supervisory and Academic Councils of NSU was held at NSU, dedicated to the 65th anniversary of the university. At the beginning of the meeting, the Rector of NSU, Academician of the Russian Academy of Sciences Mikhail Fedoruk, made a report “Honor the past, live in the present, create the future.” He told about the history of the university, specifically focused on the principles on which the university was founded, emphasized that NSU was a development of the MIPT model, but at the same time it became a university of a new type.

    From the very beginning, Novosibirsk State University was conceived as a university for training scientific personnel for the Siberian Branch of the Academy of Sciences. Scientists from the institutes of the Siberian Branch of the Russian Academy of Sciences taught here, and students began working in laboratories and participating in scientific research early on. An individual approach to learning, involvement in real projects and research from the first years – these principles underlie the educational model of the university at the present time. Now high-tech companies and industrial partners have been added to the research institutes, with which NSU is actively building interaction. The university is developing its own scientific and technological agenda, working in such advanced areas as artificial intelligence, space instrumentation, medical technologies, new functional materials, etc.

    Over 65 years, the university has grown by an order of magnitude in terms of the number of students: from 1,966 in 1962 to 8,700 in 2024. The number of teachers has also increased significantly – from 203 in 1962 to 2,800 in 2024. Over 65 years, NSU has graduated more than 56,000 students.

    NSU maintains its leading positions in national and international rankings. Now the university acts as a center of attraction and a driver of development not only for Akademgorodok, but also for the Novosibirsk Region. NSU participates in all key federal development programs, such as “Priority 2030”, “Creation of a Network of Modern Campuses”, Advanced Engineering Schools, etc. The Research Center in the Field of Artificial Intelligence, the Mathematical Center in Akademgorodok, and the NTI Center for New Functional Materials operate on the basis of NSU.

    Governor of the Novosibirsk Region Andrey Travnikov, congratulating NSU, noted:

    — I would like to thank all previous generations of students, graduates, teachers, and staff for the foundation and authority that was created over the previous years. The University in Akademgorodok is well-known, celebrated, and attracts people. I would like to thank the current composition of the entire university community for developing this potential, for the fact that in the changed 21st century the university found itself, developed a new line, a new format, a new strategy, without losing the main essence for which it was created 65 years ago. We can say that history has made a turn, and today the university is again approaching the Phystech model, responding to the demand not only of academic institutes, but also of technology corporations, innovative enterprises, and trains specialists, both researchers and engineers, and innovative entrepreneurs. I wish the university to confidently move along the chosen path, to grow and develop, preserving its traditions and foundation.

    During the ceremonial meeting, honored representatives of the university’s faculty were presented with certificates of honor, letters of gratitude and letters of thanks from the Governor of the Novosibirsk Region, the Novosibirsk City Hall, the Ministry of Science and Higher Education of the Russian Federation, the Ministry of Science and Innovation Policy of the Novosibirsk Region and the administration of the Sovetsky District of Novosibirsk.

    Awards of the Governor of Novosibirsk Region:

    Honorary Diploma of the Governor of Novosibirsk Region:

    Svetlana Dmitrievna Myzina, professor of the Department of Molecular Biology and Biotechnology Faculty of Natural Sciences of NSU.

    Tatyana Yuryevna Cherkashina, Head of the Department of General Sociology Faculty of Economics, NSU.

    Gratitude from the Governor of Novosibirsk Region:

    Lev Borisovich Vertheim, Associate Professor of the Department of Geometry and Topology Faculty of Mechanics and Mathematics of NSU.

    Letter of thanks from the Governor of Novosibirsk Region:

    Panteleeva Elena Valerievna, Associate Professor of the Department of Organic Chemistry, Faculty of Natural Sciences, NSU.

    Awards of the Novosibirsk City Hall:

    Certificate of honor from the Novosibirsk City Hall:

    Emelianov Vyacheslav Alekseevich, Associate Professor of the Department of General Chemistry, Faculty of Natural Sciences, NSU.

    Zhivtsova Natalia Petrovna, Director of Organizational Development and Human Resources Management at NSU.

    Kiseleva Oksana Vladimirovna, Associate Professor of the Department of Personality Psychology Faculty of Medicine and Psychology V. Zelman NSU.

    Korovnikova Irina Kimovna, Head of the Laboratory of Organic Chemistry, Faculty of Natural Sciences, NSU.

    Lyakina Yana Sergeevna, senior lecturer of the Department of Clinical Psychology of the Faculty of Medicine and Psychology V. Zelman NSU.

    Mitko Oleg Andreevich, senior researcher at the Laboratory of Humanitarian Research at NSU.

    Nikolaev Konstantin Yuryevich, professor of the Department of Internal Medicine, Faculty of Medicine and Psychology V. Zelman NSU.

    Fedin Vladimir Petrovich, Head of the Department of Inorganic Chemistry, Faculty of Natural Sciences, NSU.

    Tsyplakov Dmitry Anatolyevich, Associate Professor of the Department of Philosophy Institute of Philosophy and Law of NSU.

    Chugunova Alesya Leonidovna, specialist in educational and methodological work, 1st category, educational and methodological department Faculty of Geology and Geophysics of NSU.

    Awards of the Ministry of Science and Higher Education of the Russian Federation:

    Medal “For Impeccable Work and Distinction”:

    Kostenko Tatyana Vladimirovna, Head of the Administrative and Economic Department of the Geological and Geophysical Faculty of NSU.

    Honorary title “Honorary Worker of the Russian Federation Education”:

    Bugaeva Svetlana Gennadievna, Associate Professor of the Department of Higher Mathematics Physics Department of NSU.

    Gusachenko Anna Mikhailovna, Associate Professor of the Department of Cytology and Genetics of the Faculty of Natural Sciences of NSU.

    Serbo Valery Georgievich, professor of the Department of Theoretical Physics, Faculty of Physics, NSU.

    Mandrik Tatyana Ivanovna, leading engineer of the physiology laboratory of the Department of Physiology of the Faculty of Natural Sciences of NSU.

    Awards of the Ministry of Science and Innovation Policy of the Novosibirsk Region The Minister of Science and Innovation Policy of the Novosibirsk Region is invited.

    Honorary Diploma of the Ministry of Science and Innovation Policy of the Novosibirsk Region:

    Nesterenko Tatyana Viktorovna, Senior Lecturer, Department of Informatics Systems Faculty of Information Technology NSU.

    Timofeeva Maria Kirillovna, professor of the Department of Fundamental and Applied Linguistics Humanitarian Institute of NSU.

    Tsybulya Sergey Vasilievich, Head of the Department of Physical Methods for Solid State Research, Faculty of Physics, NSU.

    Gratitude from the Ministry of Science and Innovation Policy of the Novosibirsk Region:

    Igolnikov Alexander Evgenievich, Associate Professor of the Department of Historical Geology and Paleontology of the Geological and Geophysical Faculty of NSU.

    Awards of the administration of the Soviet district of Novosibirsk:

    Honorary Diploma of the Administration of the Soviet District of Novosibirsk:

    Demakov Pavel Andreevich, assistant of the Department of General Chemistry of the Faculty of Natural Sciences of NSU.

    Ilyin Maxim Anatolyevich, Head of the Department of General Chemistry, Faculty of Natural Sciences, NSU.

    Kostin Gennady Aleksandrovich, Head of the Department of Analytical Chemistry, Faculty of Natural Sciences, NSU.

    Krasilova Elena Aleksandrovna, Head of the Department of Youth Policy and Educational Work at NSU.

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

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

    http://vvv.nsu.ru/n/media/nevs/education/a ceremonial-meeting of the-supervisory-and-scientific-councils-of-NSU-dedicated-to-the-65th anniversary/

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

    MIL OSI Russia News –

  • MIL-OSI Economics: Governor Olli Rehn: Old and new frontiers of the ESRB: Systemic risk, non-banks and data analysis

    Source: Bank of Finland

    Olli Rehn, First Vice-Chair of the European Systemic Risk Board
    Keynote speech at the 8th ESRB annual conference ‘New Frontiers in Macroprudential Policy’, Frankfurt, 27 September 2024

    Old and new frontiers of the ESRB: Systemic risk, non-banks and data analysis

    Ladies and Gentlemen, Dear Friends,

    Good morning everyone!

    May I also welcome you all and thank the secretariat for putting together an impressive programme for this ESRB flagship event.

    Today, I would like to reflect on the role of the ESRB and its mandate regarding financial stability and macroprudential policy in the EU.

    Slide 2: The ESRB’s track record & new frontiers

    I will discuss three interlinked issues. Firstly, the ESRB at 15, an adolescent, with a solid record. Secondly, key starting points for the forthcoming ESRB review. And thirdly, new frontiers, especially dealing with non-banks and better use of data and analysis.

    Let’s look at where we have come from. Since the global financial crisis, major efforts have been made to ensure financial stability in the EU and globally through better regulation and supervision. I think it is indeed fair to say that financial stability has risen forcefully up the agenda of central banks, not least as it provides essential support for the central banks’ primary goal of price stability.

    In recent years, financial systems and financial stability measures have been subject to real-life stress tests, with the global economy being hit by a series of major shocks over just a short period of time. Primarily, that is, the COVID-19 pandemic, Russia’s illegal, brutal war in Ukraine, the surge in inflation and the sharp rise in interest rates.

    In my view, the financial systems in the EU and elsewhere have withstood these shocks rather well. The Basel Committee on Banking Supervision points out that the strong resilience has been largely thanks to the tightened capital and liquidity requirements for banks.

    Slide 3: Sturdy capital buffers provide banking resilience

    True, the capital ratios of European banks have roughly doubled since the global financial crisis. The increased capital buffers have been – and will continue to be – necessary in the current operating environment, which is filled with geopolitical and other uncertainties.

    I would add that the active use of macroprudential policy has further supported the resilience of the financial system in Europe.

    As part of its mandate, the ESRB assesses systemic risks in the EU, and, where appropriate, issues warnings and recommendations.

    Slide 4: Key risks for EU financial stability

    In our recent systemic risk assessment, we conclude that while disinflation in the EU is on track, financial stability risks remain elevated amid heightened geopolitical risks and the still fragile recovery of the EU economy. In the latest ECB projection, growth outlook was revised down, and the risks to the growth outlook are tilted to the downside.

    In particular, we have to be aware of both the direct and indirect impacts of current geopolitical risks on the EU financial system. Geopolitical events may directly impact financial markets by increasing volatility, affecting capital flows, exchange rates, and credit spreads. Indirectly, they can disrupt global trade and increase commodity prices, challenging households and businesses in the EU.

    In the financial markets, the risk appetite has been unusually strong, especially in the context of high macro-financial uncertainty. The abrupt, albeit short-lived, market correction in early August showed how sensitive this can be. If repeated, the vulnerabilities in the non-bank sector could amplify adverse market dynamics.

    Moreover, vulnerabilities in the banking sector could resurface, especially if the first two risks were to materialise. This would increase credit risks and tighten funding conditions at the same time.

    In any case, it continues to be essential to maintain the resilience of the EU financial system. Ensuring adequate resilience and effective but flexible regulation is one building block in promoting European competitiveness, along the lines of the recent report by Mario Draghi. As part of the efforts for more investment and higher productivity, it is crucial to advance the savings and investment union – or the ex-capital market union – and to complete the banking union.

    Slide 5: ESRB’s members reflect on its future – ATC survey

    Fifteen years ago, the global financial crisis revealed weaknesses in EU banking supervision. It was clear that major changes to financial supervision were necessary to help prevent and mitigate future crises.

    Thus, Commission President José Manuel Barroso set up an independent High Level Group on Financial Supervision in the EU to make recommendations on strengthening European supervisory arrangements, covering all financial sectors.

    The High Level Group, chaired by Jacques de Larosière, was given a very broad mandate and very little time. In only three months, the Group delivered an important and insightful report. It provided the basis not only for establishing the ESRB but the whole European System of Financial Supervision, including the European Supervisory Authorities.

    One of the key conclusions of the report was that regulators and supervisors had not sufficiently focused on “the macro-systemic risks of a contagion of correlated horizontal shocks”. As a policy response, de Larosière proposed establishing the ESRB (or the European Systemic Risk Council as he then called it).

    As a member of the European Commission at that time, I had the privilege of being present at the ESRB’s creation, specifically by preparing with my team the legislative proposals for setting up the ESRB, while my dear colleague Michel Barnier introduced the legislation for the European System of Financial Supervision. The legislative process was swift. The General Board of the ESRB held its inaugural meeting in the Eurotower in January 2011.

    Given the constantly evolving environment, it is necessary to review the mandate and workings of the ESRB from time to time. The Commission is now tasked – for the second time – with reporting to the European Parliament and to the Council on the review of the ESRB.

    While the ESRB will not take a formal position on its founding regulation, it believes it is important that the legislator has the opportunity to benefit from the experience of those who have been deeply involved in the work of the ESRB. For this purpose, the ESRB has set up a High Level Group to (i) identify which adjustments to the mission or framework of the ESRB might be required and to (ii) provide its insights to the EU co-legislators before the review process. I have the honour of chairing the Group.

    Let me give you an interim snapshot of the key issues in the review.

    First, as part of the High Level Group’s work we have been seeking feedback more broadly from the ESRB membership by way of a survey among the members of the Advisory Technical Committee on how the ESRB has succeeded in its core tasks over the years. We have also sought to explore whether the current operating model of the ESRB is fit for purpose and how the ESRB and its tasks should be renewed and developed as the financial system evolves.

    The feedback received from the members of the ATC has been most valuable. It indicates that the current model and mandate of the ESRB do not need a complete overhaul but rather some targeted adjustment.

    The work done by the ESRB over the years is considered especially valuable with regard to the definition of macroprudential policies and the development of a comprehensive framework for macroprudential policies in Europe, particularly in the banking sector.

    And this work has had a significant impact: the ESRB, through its determined efforts, has helped to pre-emptively identify and mitigate the build-up of systemic risks in Europe.

    Going forward, the ESRB could, in my view, play an even stronger role in the holistic analysis of systemic risks within the EU. The ESRB has a unique ability to examine cross-sectoral, cross-border and interlinked risks – and the truly systemic dimension of these risks.

    The ESRB is also in an excellent position to work with academia and international organisations. A particular advantage for the ESRB is that the European Supervisory Authorities (the EBA, ESMA and EIOPA) participate in our work and provide their own perspectives. It is crucial that their expertise will continue to support the work of the ESRB.

    Leading on from this, I would like to call for deeper collaboration at the EU level on country risk analysis. Given the macroprudential mandate of the ESRB, there is scope for capitalizing on the ESRB’s analytical work in the EU’s Macroeconomic Imbalance Procedure.

    In particular, the ESRB has been developing the concept of macroprudential policy stance to analyse the way in which national authorities are using macroprudential tools to mitigate the systemic risks to which their financial sector is exposed. A deepening of EU collaboration in this field would contribute to strengthening economic stability in a particular Member State and/or the EU in its entirety.

    The feedback we received also highlighted that, in its systemic risk assessment, the ESRB should be able to incorporate a range of new emerging risks and vulnerabilities. Several members underlined the need to better understand systemic risks related to the non-bank financial institutions (NBFIs). Other increasingly relevant risks include climate change, AI and cybersecurity.

    The ESRB has already engaged in risk monitoring and analysis of the non-bank sector and has identified many structural vulnerabilities that require our attention. But more work is needed to better understand the systemic risks of the non-bank sector in the same depth as those for the banks. This is important not only for financial stability, but also for ensuring a solid basis for the saving and investment union.

    Let me underline the critical importance of data – access to data, better use of data – in the analysis of non-banks. To understand the systemic risks related to NBFIs, we simply need better data to be able to identify and map the vulnerabilities and interconnections. Only once that’s done, we will be able to capitalize on more advanced methods, such as system wide stress-testing, to locate the vulnerabilities in the system.

    Our future challenges include not only the complexity of the evolving financial system, but also the increased speed of its operations. Due to digitalisation, financial operations are becoming ever faster. It will be even more important that the ESRB is able to perform risk analysis and policy evaluations in a timely manner.

    Dear Friends,

    Slide 6: Three priorities in the way we work

    Before concluding, I’d like to highlight three priorities for the way we work in the coming years that I find critical for the ESRB. We should:

    1. Enhance our analytical capacity by making better use of data and research.
    2. Bring into use new analysis methods and technologies.
    3. Focus on our core activities.

    Let me just elaborate on these a little more.

    Slide 7: Analysis based on data and research – a key priority

    1. Active development of data analytics and research-driven analysis is nothing new at the ESRB as such.

    But I firmly believe that the importance of analysis which is based on data and research cannot be overemphasized in our times, where disinformation is being used as a weapon. In today’s world, there is a great risk that genuine information will be crowded out.

    Data is the gold or oil of our digital world today – it is a valuable resource and a necessary basis for high-level analysis. Following the global financial crisis, the reporting requirements for financial operators were increased. Financial supervisors and central banks consequently also have a duty to use the new data effectively and efficiently.

    The challenge for the ESRB is that not all relevant data are readily available to it. The rules governing the ESRB’s access to data can be broadly divided into two types:

    • ex ante access, whereby the ESRB has access to data on a regular, ongoing basis, as soon as it is reported. We already benefit from quite a few datasets under this framework, which is well aligned with our mandate and tasks.
    • ex post access, through ad hoc requests, which take time to process. For some important datasets we have only ex post access. This includes granular datasets collected by the ESAs.

    While cooperation regarding data sharing between the ESAs and the ESRB has been excellent, the ex post framework has inherent limitations that hamper the ESRB’s ability to continuously monitor and mitigate risks to financial stability.

    For this reason, the ESRB sent a letter last month to European co-legislators, urging them to broaden the ESRB’s access to information from supervisors, so that the data can be shared with the ESRB by default.

    This is extremely important for the ESRB to be able to effectively fulfil its mandate in assessing the systemic risks and to promptly react in instances of projected instability.

    As the volume of data increases, we must also invest in new high-level analysis methods. Modern methods of risk assessment make use of advanced tools and technologies, such as AI and machine learning, which enable better forecasting and analysis. With these technologies, it is possible to process large amounts of data.

    Finally, to focus on our core activities has been rightly underlined both by the other High Level Group members and in the ESRB member feedback. We should, in my view too, focus on our core activities even in the midst of various crises. We cannot be experts in everything, and nor do we need to be. The added value that we bring as an organisation should focus on the area where we are the best experts: systemic level risk analysis of the financial system.

    Our added value should always come from a deep understanding of vulnerabilities and interconnections in the financial system and of the various factors that get amplified when shocks hit the system.

    Dear Friends,

    Let me now conclude.

    In the grand scheme of things, financial stability fundamentally depends on the geopolitical and macroeconomic context. The best service for EU financial stability now is to maintain European unity and firmly support Ukraine in the face of Russia’s threat.

    Furthermore, it is crucial to strengthen the structural foundations of the European economy, by focusing policy actions on productivity growth and industrial competitiveness, while retaining the European model of social inclusion.

    On its part, the European Systemic Risk Board, together with the ESAs, the SSM, the FSAs and the central banks, continues to play a strong role in safeguarding the stability of the EU financial system. Our work will focus on the evolving systemic risk and will be based on comprehensive data and research, high-quality analysis and wide-ranging cooperation between different authorities.

    I look forward to continuing to work with you towards this immensely important goal of maintaining financial stability in Europe.

    Thank you for your kind attention!

    Presentation (PDF)

    Olli Rehn ESRB financial stability speech

    MIL OSI Economics –

  • MIL-OSI United Nations: UNESCO Regional Office in Cairo and Spanish Agency for International Development Cooperation Launch Dual Exhibitions at the Museum of Islamic Art

    Source: United Nations

    The UNESCO Regional Office in Cairo is pleased to announce the opening of two major exhibitions in collaboration with the Spanish Agency for International Development Cooperation and the Museum of Islamic Art in Cairo.

    These exhibitions, hosted by Museum, offer an immersive exploration of the history, culture, and architecture of the Islamic world, focusing on two distinct themes which are interlinked.

    The first exhibition, “Madinat Al-Zahra, The Shining City,” focuses on the palatial city of Madinat al-Zahra, commissioned by the Umayyad Caliph Abd
    al-Rahman III in 940 CE near Córdoba, Spain. Known as the “Brilliant City,” this UNESCO World Heritage site reflects the caliph’s power, ideological ambitions, and artistic excellence. The city, named after Abd al-Rahman’s beloved Azahara, served as a political statement as well as a hub of cultural and architectural innovation.

    Since 2016, a joint German-Spanish project led by Felix Arnold, a renowned architect and archaeologist, has been investigating the entrance area of the
    city, uncovering new insights into its construction process, urban design, and the role of gardens and walls in shaping the city’s structure. At the opening ceremony, Felix Arnold delivered a keynote speech, where he emphasized the importance of Madinat al-Zahra in the broader context of Islamic architectural heritage.

    The exhibition features original photographs and key findings from Arnold’s research, as well as two captivating photographic series: “Intimate Diary of Madinat al-Zahra,” which showcases iconic locations like the Salón Rico and Casa Yafar, and a new collection by Rafael Carmona, documenting the ongoing restoration of the Salón Rico.

    The second exhibition, “UNESCO Historic Urban Islamic Landscape,” complements the first by exploring the material culture and architectural achievements of Islamic societies, particularly those represented in UNESCO World Heritage Sites. This exhibition highlights the enduring impact of Islamic urban planning, featuring artifacts from the Museum of Islamic Art in Cairo. Themes include the foundation of Fustat as the foundation of Cairo city, Capitals of Islamic Empires, Architecture, The Genius of the Muslim Engineer, and Urbanization in Islamic Cultures, offering a deeper understanding of the urbanization processes that shaped Islamic cultures. Together, these exhibitions emphasize the preservation of Islamic heritage and its profound influence on world architecture and urbanism.

    By showcasing the connections between Madinat al-Zahra and other Islamic cities like Cairo, UNESCO and AECID provide visitors with a unique opportunity to explore the intertwined legacies of Islamic history and culture. UNESCO, AECID, and the Museum of Islamic Art invite visitors to experience these exhibitions, which offer a comprehensive view of the cultural and architectural contributions of Islamic societies from Córdoba to Cairo and beyond.

    Read the leaflet

    MIL OSI United Nations News –

  • MIL-OSI Russia: Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo

    MILES AXLE Translation. Region: Russian Federation –

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

    Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo

    September 27, 2024

    Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo

    September 27, 2024

    Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo at a meeting with Alexander Novak

    September 27, 2024

    Previous news Next news

    Alexander Novak met with the Minister of Mines and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo

    Alexander Novak held a meeting with the Minister of Mining and Hydrocarbons of Equatorial Guinea Antonio Oburu Ondo on the sidelines of the international forum “Russian Energy Week”. The meeting was also attended by the Minister of Energy of Russia Sergey Tsivilev.

    “Russia and the Republic of Equatorial Guinea have long-standing friendly relations, which we invariably build on the principles of respect and consideration of mutual interests. The spirit of solidarity and mutual understanding continues to be the basis of our cooperation, which is not subject to momentary opportunistic considerations,” noted Alexander Novak.

    The parties discussed the possibilities of expanding bilateral trade and economic cooperation and its promising areas, including the supply of Russian industrial and oil and gas equipment to the country, the conditions for the entry of Russian oil and gas companies into hydrocarbon exploration and production projects in Equatorial Guinea, the participation of Russian contractors in the construction of solar power generation facilities, peaceful nuclear energy, LNG production, etc.

    Currently, Russia mainly exports pharmaceutical products, mineral and chemical fertilizers to Equatorial Guinea. This year, a significant increase in trade turnover has begun. The parties agreed to create a mechanism for consultations on economic, trade and investment cooperation in the near future.

    Russia and Equatorial Guinea will continue to work together within the Gas Exporting Countries Forum to develop measures in the interests of promoting the role of gas in global energy markets, which ensures the achievement of the UN Sustainable Development Goals as an affordable, universal and environmentally friendly type of fuel.

    Alexander Novak and Antonio Oburu Ondo also highly praised the role of OPEC in coordinating the balance of supply and demand in the global oil market.

    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/52814/

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Chernyshenko: Over 58 million tourist trips were made in Russia in eight months

    MILES AXLE Translation. Region: Russian Federation –

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

    Veduchi Resort in the Chechen Republic

    Deputy Prime Minister Dmitry Chernyshenko and Minister of Economic Development Maxim Reshetnikov spoke about the development of the domestic tourism industry and its achievements.

    “Today, the tourism sector in Russia unites more than 200 thousand companies, employing over 1 million people. The national project “Tourism and Hospitality Industry” helps to create new resorts, points of attraction and make travel around the country safer, more accessible and more comfortable. More than 50 thousand hotel rooms are being built under the preferential lending program alone. Another 70 thousand will appear during the construction of federal year-round seaside resorts within the framework of the “Five Seas and Lake Baikal” project, which is being implemented on behalf of President Vladimir Putin,” noted Dmitry Chernyshenko.

    The Deputy Prime Minister added that almost 58.5 million tourist trips were made in Russia in the first eight months of this year, an increase of 11.4% compared to the same period last year. In July and August, the number of tourist trips was the highest in the history of statistical observations – 10 million monthly.

    It is expected that by the end of the year the number of tourist trips within the country will reach a record 91 million.

    By 2030, the tourist flow in the country should grow to 140 million trips per year – this is the goal set by President Vladimir Putin.

    Today, tourism is becoming a driver for other industries, as well as a growth point for regional economies. Minister of Economic Development Maxim Reshetnikov noted that investments in the industry exceeded 800 billion rubles last year alone.

    Elbrus, Kabardino-Balkarian Republic

    “Today we are seeing a real investment boom in the tourism market. In the first half of the year, the volume of investments amounted to 377 billion rubles, which is 64% more than last year. These figures include new hotels, new ski resorts, amusement parks, and tourist attractions. This year alone, we will allocate over 30 billion rubles under three key programs of the national project – the preferential lending program, support for the construction of modular hotels, and a single subsidy. We are currently finalizing the updated national project “Tourism and Hospitality”. The national project retained the support measures that have already proven themselves well. We have finalized the rules taking into account current tasks. For example, for the development of car tourism, we determined that projects related to the development of infrastructure for priority automobile tourist routes will receive additional points. This way, we will be able to more actively develop infrastructure that will make car travel more comfortable and safer. The industry has excellent prospects,” concluded Maxim Reshetnikov.

    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/52812/

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

    MIL OSI Russia News –

  • MIL-OSI Europe: OSCE supports international workshop on Financial Action Task Force standards

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE supports international workshop on Financial Action Task Force standards

    The OSCE Programme Office in Dushanbe (POiD) supported an international workshop on Financial Action Task Force (FATF) standards, which took place from 24 to 27 September 2024 in Dushanbe. The workshop was hosted by the National Bank of Tajikistan and was attended by 60 participants from the nine member states of the Eurasian Group on Combating Money Laundering and the Financing of Terrorism. The purpose of the workshop was to prepare for the fourth round of FATF mutual evaluations, scheduled to begin in September 2025. As part of a new approach to the selection of assessors, candidates received pre-training on the FATF standards before the assessor training.
    The workshop covered in-depth discussions on the complex framework and best practices of the FATF standards, fostering a deeper understanding of anti-money laundering and counter-terrorist financing protocols. Participants benefited from expert-led presentations, practical case studies, and group discussions aimed at enhancing their skills in evaluating and implementing FATF recommendations. The workshop also included scenario-based exercises to provide hands-on experience in addressing practical challenges, ensuring that participants are well-equipped to apply these standards effectively in their respective jurisdictions.
    This activity is part of the ongoing efforts of POiD to support the strengthening of Tajikistan’s institutional capacity and co-operation in combating money laundering.

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