Category: European Union

  • MIL-OSI: Stifel Celebrates Mikaela Shiffrin’s Historic 100th Win With Donation to Her “MIK100” Initiative

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, Feb. 28, 2025 (GLOBE NEWSWIRE) — Stifel (NYSE: SF), the official team naming partner of the Stifel U.S. Alpine Ski Team, is proud to celebrate the 100th career World Cup victory for Mikaela Shiffrin this past weekend as she captured first place in slalom in Sestriere, Italy, by supporting her efforts to raise $100,000 for the Share Winter Foundation.

    Shiffrin broke the all-time record for World Cup wins (86) back in March 2023 and has continued to build on that incredible record before notching her historic 100th win on Sunday in Italy. This season, she picked up wins 98 and 99 in late fall, before an abdominal injury at the Stifel Killington Cup in Vermont sidelined her for nearly two months.

    The historic 100th win came as she led by just 0.09 seconds after the first run. But a clean and relaxed second run allowed Shiffrin to claim victory by .61 seconds over Croatia’s Zrinka Ljutic with Stifel U.S. Alpine Ski teammate Paula Moltzan placing third.

    In honor of the milestone, Stifel will contribute a $10,000 donation to Shiffrin’s “MIK100: Reset the Sport” initiative to support learn-to-ski programs for youths in partnership with the Share Winter Foundation.

    “Mikaela continues to raise the bar and set new standards, not just in skiing but in the history of sport,” said Stifel Chairman and CEO Ronald J. Kruszewski, who was in attendance in Killington when Shiffrin last had the 100 milestone in her sights. “To have her win number 100 by coming back from injury like she has with resilience and determination this winter is amazing to watch. And for Mikaela to use the milestone to raise money for learn-to-ski initiatives through the Share Winter Foundation is a testament to who she is as a person and athlete, looking to spread the passion and access to skiing to more people.”

    In recognition of her accomplishment, Stifel created a new broadcast spot celebrating the historic moment that will run nationally, highlighting the uniqueness of Shiffrin’s outsized talent yet humble character. There are also online digital and social executions with Stifel print ads celebrating Shiffrin set to run in select markets over the coming weeks as the World Cup circuit returns to North America in late March. Creative production was handled by Known, Stifel’s agency on the Stifel U.S. Ski Team partnership.

    “We are proud of our multiyear association with such an amazing athlete and global ambassador,” added Kruszewski. “Mikaela has changed the game and is building a legacy that goes beyond her results as she looks for ways to use this platform of 100 wins and create opportunities for others to engage in the sport.”

    Shiffrin and the rest of the women of the Stifel U.S. Alpine Ski Team have upcoming races in Norway, Sweden, and Italy before returning to the U.S. for the Stifel Sun Valley Finals in Sun Valley, Idaho, March 22-27, to finish the World Cup calendar for this season.

    Stifel Company Information
    Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

    For further information,
    contact Brian Spellecy
    (314) 342-2000        

    The MIL Network

  • MIL-OSI: AB Amber Grid Operating Results for the year 2024

    Source: GlobeNewswire (MIL-OSI)

    AB Amber Grid
    Legal entity code: 303090867
    Address: Laisvės pr. 10, LT-04215 Vilnius, Lithuania

    AB Amber Grid Operating Results for the year 2024
     
    28 February 2024
     
    AB Amber Grid delivers unaudited results for the year 2024 prepared in accordance with International Financial Reporting Standards:
    • Revenue for the year 2024 EUR 74.6 million (the year 2023 EUR 81.3 million);
    • Net profit for the year 2024 EUR 8.3 million (the year 2023 EUR 13.4 million);
    • EBITDA (earnings before interest, taxes, depreciation and amortisation) for the year 2024 EUR 26.5 million (the year 2023 EUR 25.7 million);
    • Return on equity (ROE) for the year 2024 4.6% (the year 2023 7.2%).

     Adjusted financial indicators for the years 2024:
    • Adjusted net profit for the year 2024 EUR 10.1 million (the year 2023 EUR 9.2 million);
    • Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the year 2024 EUR 27.4 million (the year 2023 EUR 24.7 million);
    • Average return on equity (ROE) for the year 2024 5.5% (the year 2023 5.0%).

    The adjustment of regulated income, costs and profitability indicators is carried out due to temporary regulatory difference from the regulated profitability approved by National Energy Regulatory Council (NERC). When calculating adjusted indicators, the correction of income is assessed due to previous periods, which is already approved by the decision of NERC in determining the regulated prices of transmission services for the reporting period. Also, the indicators are adjusted by the deviation of the NERC approved (regulated) and actual profitability of the reporting period, which NERC will evaluate when determining the transmission service prices for the coming period. Non-recurring (one-off) transactions are also eliminated.

     
     

    Attached:
    1. AB Amber Grid condensed interim financial statements as of 31 December 2024.
    2. Press release.

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

    Attachments

    The MIL Network

  • MIL-OSI Global: White House spat with AP over ‘Gulf of America’ ignites fears for press freedom in second Trump era

    Source: The Conversation – UK – By Colleen Murrell, Full Professor in Journalism, Dublin City University

    A federal judge in the District Court of Columbia will shortly decide if the US president, Donald Trump, is allowed to dictate the terms of service of the Associated Press (AP), the US wire agency that proudly proclaims it is read by 4 billion people every day.

    In a (typically for this administration) knee-jerk decision on February 11, White House officials informed AP that its journalists would be barred from entering restricted areas such as the Oval Office and Air Force One until it stops using the geographic term “Gulf of Mexico” – in contravention of an executive order renaming it the “Gulf of America”.

    AP’s style guide explains that the Gulf of Mexico has carried this name for more than 400 years, and that Trump’s order only holds authority within the US. It notes that as a global news agency, it “must ensure that place names and geography are easily recognizable to all audiences”.

    But the style guide adds that, while AP will continue to refer to the body of water by its original name, it will do so “while acknowledging the new name Trump has chosen”.

    According to AP’s executive editor, Julie Pace: “Limiting our access to the Oval Office based on the content of AP’s speech not only severely impedes the public’s access to independent news, it plainly violates the first amendment” – which covers freedom of speech and the press.

    In seeking to overturn the ban, AP brought a lawsuit (AP-v-Budowich-Complaint) against the White House chief of staff, Susan Wiles, the deputy chief of staff, Taylor Budowich, and its press secretary, Karoline Leavitt, in their official capacities.

    After a short hearing, Judge Trevor N. McFadden – who was appointed by Trump – declined to restore AP’s access immediately, and instead set another hearing date for March 20. According to the Washington Post, the judge was “not sufficiently convinced the situation was ‘dire’ enough to warrant such an intervention” – and therefore was “not inclined to act precipitously on the executive office of the president”.

    Following this decision, the White House denied access to Trump’s first cabinet meeting on February 26 to an AP photographer, as well as reporters from Reuters, HuffPost and German newspaper Der Tagesspiegel. Instead, officials allowed in cameras from ABC and Newsmax, plus reporters from Axios, the Blaze, Bloomberg and NPR.

    Pick and mix

    But can the president be allowed this pick-and-mix approach to access to the seat of power?

    The White House press pool has been in place for more than a century, with the seating allocation in the press briefing room decided by the board of the White House Correspondents’ Association. As the major American news agency, AP has traditionally held the coveted middle front-row seat, which it still retains – even though senior officials have tweeted veiled threats to rescind AP’s entire White House credentials.

    The press briefing room holds 49 seats, with some seats shared between two companies on rotation, and a few journalists or photographers permitted to stand in the aisles when there is room. Meanwhile, Air Force One (in reality, two Boeing 747s used on rotation) only has room for 13 people to represent the entire White House press corps. The pool on the plane is ordinarily made up of three agency reporters (AP, Reuters and Bloomberg), four photographers (including from AP), three network TV journalists, a radio reporter and two print reporters.

    Trump has an ongoing fight against “legacy” news outlets that dominated coverage before the advent of the internet. These media often have strict editorial guidelines, but the president has regularly dismissed them as “fake news”. During the election campaign, he ignored well-known programmes such as CBS’s Sixty Minutes in favour of Joe Rogan’s podcast.

    At the Pentagon, Trump’s new military brooms have also been sweeping legacy media companies out of their briefing rooms. This list includes NBC, the New York Times, Politico, CNN and The Washington Post. In their place will go Trump-friendly outlets such as Newsmax and the Washington Examiner.

    ‘Privilege, not a right’

    Meanwhile, a petition by media companies is calling on the US government to “honor its commitment to freedom of expression” by upholding “a nonpartisan defense of a free press”. Included on this petition are the Committee to Protect Journalists, the International Press Institute, and the Society of Professional Journalists.

    Members of the press pool are usually the only reporters that get to throw questions at senior members of the administration. Its members follow the president on important trips both nationally and internationally. AP is a widely trusted non-profit news organisation, and its reports get syndicated to media organisations throughout the world, with any profits used to pay for its staff and its newsgathering.

    CNN reporter Kaitlan Collins questions the White House press secretary Karoline Leavitt over the banning of AP from White House briefings.

    The White House released a statement on February 24: “As we have said from the beginning, asking the president of the United States questions in the Oval Office and aboard Air Force One is a privilege granted to journalists, not a legal right.”

    However, having an independent arbiter making decisions about press pool representation is surely preferable in maintaining a free press and accountability than allowing each administration to pick its own reporters – or even its own facts.

    Colleen Murrell received funding from Irish regulator Coimisiún na Meán (2021-4) for research for the annual Reuters Digital News Report Ireland.

    ref. White House spat with AP over ‘Gulf of America’ ignites fears for press freedom in second Trump era – https://theconversation.com/white-house-spat-with-ap-over-gulf-of-america-ignites-fears-for-press-freedom-in-second-trump-era-251163

    MIL OSI – Global Reports

  • MIL-OSI Global: Emmanuel Macron used every diplomatic trick in the book at the White House – but Trump writes his own rules

    Source: The Conversation – UK – By Helen Drake, Professor of French and European Studies and Director of Loughborough University London’s Institute for Diplomacy and International Affairs, Loughborough University

    If there was a book of diplomacy, then French president Emmanuel Macron threw it at US president Donald Trump in their joint press conference in Washington DC. Macron delivered quite the masterclass in the diplomatic arts. Unthreatening body language and public displays of affection? Check.

    Meeting your interlocutor on any and every inch of common ground? Check. Macron’s willing use of fluent English was a key tactic here. Other than when answering French-language questions (when to have responded in English would have brought Macron yet more domestic grief), he adapted to the language of his hosts.

    Macron and Trump’s press conference.

    Recalling shared memories of happier, shared times? Check. It was smart to remind Trump of his time as a guest at the reopening of Notre Dame cathedral in Paris just a few months previously.

    Gently correcting a friend in danger of veering too far from reality (here, regarding the extent and type of European aid to Ukraine) as you would expect from a true ally? Again, check.

    These are the soft skills of diplomacy as communication between human beings to which Macron typically brings his heart, body and soul. On this occasion and on this criterion he outperformed even himself, and outclassed his host by some degree.

    At times, Trump looked enraptured by this performance from such an interesting specimen of utter Europeanness. At others, the host fidgeted and listened stony-faced to the halting interpretation of Macron’s rapid-fire French. He tried a few gauche niceties of his own (“say hello to your beautiful wife”) and dialled up to the max his personal brand of touchy-feely diplomacy.

    Behind the scenes

    Beyond the memorable set pieces of diplomatic theatre lies, of course, the message itself. This must represent the voice, the interests and the concerns of the state or other diplomatic actor. But it may well go against the flow, disrupting the smooth surface of diplomatic pleasantries.

    Former French president Charles de Gaulle notoriously ruffled cold-war feathers in the 1960s with rousing speeches to stir non-aligned countries and French-speaking people to contest the existing world order. Former foreign minister Dominique de Villepin will be remembered for his eloquent, impassioned plea to the United Nations security council in 2003 against the allied invasion of Iraq.

    Macron has dabbled in free-wheeling diplomacy himself. He claimed in 2019 that Nato was close to “brain death” and maintained a dialogue with Russia’s president Vladimir Putin after the 2022 Russian invasion of Ukraine. In Macron’s account at the press conference with Trump, he closed this line of communication when he learned of the atrocities being perpetrated by Russian forces.

    Articulating France’s global, strategic interests is where Macron feels most comfortable and probably where he is best suited (judged by the standards of his domestic political failings). His trip to Washington at such a pivotal moment in Trump’s second presidency, with the fate of Ukraine in the balance, was a natural move for a leader who, since the beginning of his first mandate in 2017, has sought to lead the European conversation about the continent’s security.

    His sense of urgency to secure greater European autonomy and capacity in its defence lies behind his willingness to talk to all parties. France does, after all, go by the fiendishly untranslatable label of a “puissance d’équilibres” (which means an actor with the power to strike a balance but also perhaps to bring others into balance or even, simply, to keep the peace).

    Macron’s readiness to confront the cold, hard facts of contemporary international relations – he has already told the French they need to put themselves on a wartime footing in economic terms – gives him a track record of sorts in the diplomatic negotiations now to come: between Europeans themselves, and between Europe and the US.

    But facing down Macron’s fancy optics is one particularly awkward fact – namely that Trump does not do diplomacy by the book, or at least not the one he was metaphorically gifted by president Macron. Where the point of diplomacy is to establish a common language with shared codes and expectations in order to ease tensions and bridge differences between parties, Trump’s diplomatic how-to guide boasts new chapters on the arts of bullying, harassment, gaslighting and, of course, the deal.




    Read more:
    Trump and Europe: US ‘transactionalism on steroids’ is the challenge facing leaders now


    For now, the US president is tolerating the quaint diplomatic overtures of these curious Europeans and given the ultra-high stakes of what couldn’t be further from a game, that is diplomacy itself.

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

    ref. Emmanuel Macron used every diplomatic trick in the book at the White House – but Trump writes his own rules – https://theconversation.com/emmanuel-macron-used-every-diplomatic-trick-in-the-book-at-the-white-house-but-trump-writes-his-own-rules-250832

    MIL OSI – Global Reports

  • MIL-OSI Video: Presidential Lecture: Angela Merkel, Former Chancellor of Germany

    Source: World Trade Organization – WTO (video statements)

    As part of the WTO’s Presidential Lecture Series, the WTO welcomes Angela Merkel, Former Chancellor of Germany, on the eve of International Women’s Day.

    https://www.youtube.com/watch?v=9eA5avwzm3o

    MIL OSI Video

  • MIL-OSI Russia: Diplomas were awarded at the Institute of Continuous Education

    Translartion. Region: Russians Fedetion –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Sergey Shirshikov and IBFO graduate Anastasia Podolskaya

    The Institute of Continuous Education of SPbGASU awarded diplomas to graduates. Documents on successful completion of the university were received by 627 people: 480 bachelors, 25 specialists, 122 masters. 33 people received diplomas with honors.

    “By combining study with work, our graduates have demonstrated their determination, strength of character, and that they truly deserve to have a higher education. I would like to wish them all success in their professional activities. I would also like to remind you that at SPbGASU you can improve your qualifications, undergo retraining, and receive higher education in other areas. Our doors are always open!” said IBFO Director Sergei Shirshchikov.

    Professor of the Department of Construction Organization Alexander Rudenko shared his opinion about the final qualifying work of his student, a graduate of the bachelor’s degree in the field of training “Construction” Yulia Taranova. The State Attestation Commission noted the high level of Yulia’s final qualifying work on the topic “Design and construction of the building of the puppet theater in Petropavlovsk-Kamchatsky” and its defense.

    “The process of completing the final qualifying work by Yulia Gennadievna was an example of such an attitude to the educational process, which is typical for a researcher and designer, which is what the teachers of our department are trying to teach students. Yulia approached the development of the final qualifying work in the most motivated way, demonstrating the ability to independently work with regulatory literature, high speed of perception of information, erudition, the ability to improve her competencies as the final qualifying work is completed, the ability to develop complex technical solutions independently. I would also like to mention her ability to concentrate at the right moment, which she demonstrated during the defense.”

    The members of the State Examination Commission noted the depth of development and practical significance of the master’s thesis by Yulia Amoskova on the topic “Strategy for an organization’s entry into the warehouse real estate construction market”, completed under the scientific supervision of the head of the construction management department Natalia Pletneva. As Natalia Gennadievna explained, the work analyzes the warehouse real estate market in Russia and, in particular, in St. Petersburg. Possible directions for the development of construction and engineering companies in the warehouse infrastructure construction and operation market are substantiated: custom construction, construction with subsequent leasing of warehouse facilities, construction of warehouses with subsequent provision of warehouse services. Using the example of a specific organization, costs and incomes were calculated in all three areas, while the construction of a warehouse in Shushary and Fyodorovskoye was considered and the best option for the organization was selected.

    In addition, the commission highly appreciated the work of Maria Zolotova, a graduate of the Master’s program in the field of training “Management”, on the topic “Development of a strategy for the implementation of information modeling technologies in the construction project management system”. The strategy considers key aspects related to the integration of information modeling technology (IMT) in the design, construction and operation of facilities. The main focus is on the creation of an organizational structure of the enterprise and a project management system, which include the distribution of roles and responsibilities, the establishment of hierarchies, and the definition of relationships between different departments. Maria Vladimirovna, using the example of creating an evacuation map of a building using IMT, justifies the effectiveness of the solutions proposed in the work. The master’s student’s supervisor, Dean of the Faculty of Economics and Management Galina Tokunova noted her creative activity, initiative and high potential for research work. Guided by the significance of the study and the master’s student’s ability to conduct research, the commission recommended publishing the results of the study, and Maria Zolotova continuing her education in graduate school.

    A graduate of the bachelor’s degree in the field of “Construction” Anastasia Podolskaya was awarded a red diploma. Anastasia works in her specialty, and the knowledge she gained has already come in handy.

    “I studied easily, with pleasure – I also finished school with excellent grades. After school, I immediately entered SPbGASU. Everyone in my family is a programmer, I had no idea what awaited me. In my third year, I went to Finland for six months on an exchange. When I returned, I went to work and continued my studies at IBFO. My plans are to continue working. That’s one hundred percent for sure!”

    Artem Zholobov, a graduate of the bachelor’s degree in the field of “Construction”, has many positive emotions associated with the university. He warmly remembers his mentors and their lectures.

    “The more you work, the more you understand the importance of studying. At work, you do something, and at university you understand why you do it, how everything interacts with each other. Thanks to the university, I work at Atomenergoproekt. If I hadn’t studied here, I wouldn’t have gotten there!”

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

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Stoke-on-Trent to host major Star Wars toy exhibition

    Source: City of Stoke-on-Trent

    Published: Friday, 28th February 2025

    A major exhibition showcasing one of the UK’s largest collection of vintage Star Wars toys and collectables has arrived in Stoke-on-Trent.

    The must-see display, which opens this weekend, features action figures and ships including the legendary Millenium Falcon. There will be mannequin displays including Darth Vader, Obi Wan Kenobi, Jedi master Yoda and infamous bounty hunter Boba Fett, as well as props including a rare Stormtrooper helmet and blaster from the first Star Wars film.

    Also on display will be dioramas of famous scenes as well as vintage board games, children’s lunchboxes, thermos flasks and more.

    The touring exhibition – called The Toys Strike Back – will be at the Potteries Museum and Art Gallery in Hanley between Saturday 1 March and Sunday 1 June.

    Councillor Jane Ashworth, leader of Stoke-on-Trent City Council, said: “The Potteries Museum and Art Gallery has played host to many great exhibitions over the years and we are delighted to be welcoming this latest display to Stoke-on-Trent.

    “It will be with us for three months and we expect this exhibition to be extremely popular with visitors from our city and beyond.”

    Sean Szmalc, exhibition director, said: “The Toys Strike Back is a celebration of vintage toys and collectables which have captured our imaginations and will bring childhood memories back to life. Visitors are guaranteed to discover many rare treasures.”

    The Potteries Museum and Art Gallery is open Wednesday to Saturday 10am to 5pm and between 11am and 4pm on Sundays.

    Tickets for The Toys Strike Back are Adults £6, Concessions £4, Children £4, Under 5s free.

    For more information visit: https://www.stokemuseums.org.uk/pmag/

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Council approves 2025/26 budget and sets out priorities to keep improving Manchester

    Source: City of Manchester

    Manchester City Council has today (Friday 28 February) set its budget for 2025/26 outlining its spending plans to deliver services, make lives better and improve the city.

    The allocation of the £894 million revenue budget highlights the Council’s priorities, as well as the demands on services that councils across the country are seeing.  In common with councils across the land, Manchester City Council remains under significant financial pressure as it grapples with the difficult legacy of 14 years of national Government cuts to our budgets. Manchester was one of the areas hardest hit by cuts in central Government funding and a Council Tax increase of 4.99% (2% of which is specifically earmarked to support adult social care) has been required to help balance the budget.  

    However, improved funding for 2025/26 under the new Government – which saw Manchester receive one of the biggest increases in the country – and indications that future funding will be more closely linked to challenges such as deprivation have left grounds for optimism. 

    The 2025/26 budget prioritises supporting those most in need with a significant spend on children and adults social services; helping residents out of poverty and support with the cost of living crisis; building new genuinely affordable homes and reducing homelessness; protecting and investing in Manchester’s libraries and leisure centres, investing in our 148 parks and green spaces; and investing in local neighborhoods and high streets. The council is allocating an extra £5 million to tackle fly tipping, clean up our streets and make sure the city is clean, green and tidy 

    Council Leader Cllr Bev Craig said:

    “Our top priority is making sure that everything we do works towards making our city, and the lives of our residents, better. We’re pleased to be able to set a budget which continues to work hard for the people of Manchester – not just delivering the essential functions which they expect but also investing in making lives better and improving the city. 

    “We won’t forget the difficult cuts forced on us by previous governments since 2010 that left us £460 million worse off, but despite this we are putting residents first. From investing in new libraries and leisure centres, helping thousands of Mancunians with the cost of living crisis, expanding our youth offer, building much needed council and social housing to investing in neighborhoods and high streets right across the city, we will always spend what we have in a way that helps Manchester.  

    “Clean, green, safe and well maintained neighbourhoods are the bedrock of a great city, and that’s why we are investing an extra £5million in these much-needed services to reduce litter and flytipping that blights too many communities and make sure our streets are clean and tidy.” 

    Cllr Rabnawaz Akbar, Executive Member for Finance, said:

    “It’s been a tough few years for local government finances and the impact of cuts since 2010 can’t be turned round overnight.  

    “But thanks to careful planning and taking some difficult decisions early, Manchester has withstood the buffeting and is able to bring forward positive plans for how we’ll use the spending power which we still have.” 

    Supporting the most vulnerable 

    • Providing assistance, support and protection to around 5,500 children (including 1,351 looked after children, 842 of them in foster care.) 
    • Supporting more than 3,500 vulnerable adults through care at home or residential placements, with thousands more benefitting from equipment and home adaptations to help them live independently.  
    • Supporting around 2,700 homeless households and helping others avoid becoming homeless 

    Providing good quality everyday services 

    • Carrying out 31 million waste collections a year and providing street cleaning and other environmental services.  
    • Maintaining and investing in almost 150 parks and other green spaces. 
    • Providing 23 libraries and 25 leisure centres. 
    • Maintaining almost 2,500 miles of roads and pavements. 

    Investing in the future of the city to make it an even better place to live 

    • Major regeneration schemes are progressing across the city – from the transformation of Wythenshawe Civic Centre in the south to the enormous opportunities being opened up in North Manchester through initiatives such as Victoria North and Holt Town.  
    • In the past year 600 new council, social and genuinely affordable homes were completed with another 1,500 on site and a further 1,450 with planning permission in the pipeline. 

    Continuing to lend a helping hand to people struggling with the cost-of-living while tackling the underlying causes of poverty.  

    • Last year alone we spent £42m on measures to tackle poverty and support Mancunians with the cost of living. 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Budget delivers investment in frontline services to residents

    Source: City of Liverpool

    Liverpool City Council is set to invest an additional £15.3 million in the delivery of frontline services for residents over the coming year.

    The Council’s ‘core spending power’ – the Government’s measure of how much local authorities have to spend – has increased by 10.3 per cent in cash terms as a result of Government funding and a proposed Council Tax increase of 4.99 per cent.

    The Council is to benefit from a £20 million Government ‘recovery grant’ to help areas with greater deprivation and need.

    The budget includes an extra £1.5 million for neighbourhood services to help tackle issues such as flytipping, street cleansing and blight.

    The aim is to build on improvements which have seen a 25 per cent drop in complaints about street cleansing and weeding over the last year.

    Changes have included regular maintenance, litter picking and cleansing at 58 new locations, including central reservations, roundabouts and traffic islands; additional litter picks in areas including Kirkdale, Anfield, Picton and Dingle; and monthly cleansing of 850 communal bin stations.

    There is also £500k for the School Streets programme to improve road safety around primary schools.

    An additional £52 million is being set aside to deal with increased demand for adult and children’s social care, temporary housing and home to school transport. The Council has a legal duty to provide adult and children’s services, and they account for 63 per cent of spending.

    The Council’s financial resilience has been boosted thanks to an improvement programme which has increased the cash total of Council Tax collected in-year by 13 per cent, reduced arrears by £18 million and cut Business Rates debt by £5.3 million.

    In addition, a review of single person Council Tax discount has increased the amount of Council Tax that can be collected by £1.8 million, and changes to empty property premiums is bringing in an additional £8 million per year.

    We have also:

    • Reduced the time taken for an invoice to be paid from 51 to 38 days
    • Cut the amount of debt owed to the Council by £10.7 million in the last quarter,
    • Rolled out electronic invoicing to save on postage.

    The Benefit Maximisation Team has increased income for the most vulnerable households by £7,643,529 – up £433,583 compared to January 2024, and in this budget its staffing will be increased by 50 per cent.

    Council Leader, Cllr Liam Robinson, said: “This is the most positive budget we have been able to present for some time due to the new government giving greater certainty to councils including future multi-year settlements and a bigger share of funding towards cities like Liverpool.

    “The budget continues our investment in the issues we know local people care about such as street cleansing, waste management and improving recycling rates, which is why we are bringing these services back in-house.

    “Like all councils, we continue to face real pressures in areas such as adult and children’s social care, temporary housing and home to school transport, and will continue to work with sector partners to suggest longer term solutions to the Government.“

    Deputy Council Leader and Cabinet Member for Finance, Resources and Transformation, Councillor Ruth Bennett, said: “We are continuing to make great strides in improving our own financial management to drive up income and make the most of every pound. This is helping manage the demand pressures we face in areas such as social care.

    “This rigorous approach is increasing Council Tax collection levels, reducing outstanding Business Rates and cutting the amount of outstanding debt we are owed. “We are determined to become a financially resilient organisation which provides services that are sustainable in the long-term.”

    At the Budget Council meeting on Wednesday 5 March, councillors will be asked to approve a rise of 4.99 per cent in Council Tax, including two per cent ringfenced for adult social care. The majority of households in Liverpool – 59 per cent – live in Band A properties, and will see the charge for the council services element of their bill rise by £84.04 per year. 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Join dazzling bike parade and help to Light Up Leicester!

    Source: City of Leicester

    A DAZZLING bike parade is being planned as part of next month’s Light Up Leicester festival – and everyone is invited to join in the pedal-powered fun!

    Leicester city centre will be lit up with some extraordinary illuminated artworks and nightly performances from Wednesday 12 to Saturday 15 March, as the world-class Light Up Leicester festival returns to the city for a third time.

    The Light Up Leicester Bike Parade takes place on Thursday 13 March and gives participants the chance to be part of the event! The route takes riders on a vibrant 1.5km tour of the city centre, featuring some of the stunning art installations that will be in place for the Light Up Leicester festival.

    Arrive at 5pm at Town Hall Square to ‘bling your bike’ at one of the workshops run by local artists from Graffwerk and Cyclone Works, where you can add lights, colours or sparkle to your bike and get creative, as well as watch live art being created by local street artists. Participants might also like to arrive with their own fairy lights or other novelty lights attached to their bikes, to form part of a glittering cycle parade!  

    Parades will start at 6.30pm, 7pm, 7.30pm and 8pm. Sign up for your chosen start time and meet at Town Hall Square to join the parade.

    Assistant city mayor for environment and transport Cllr Geoff Whittle said: “We are inviting people of all ages to join together and experience the city in a whole new light.

    “The circular bike parade route will meander through the heart of the Light Up Leicester Festival, showing glimpses of the fabulous installations. Our focus is on it being a family-friendly ride, inclusive of all ages and abilities.

    “This will also show people how easy it can be to navigate the city centre by bike – and after the ride, you can use the bike park at Town Hall Square to securely store your bike while you look around on foot. It promises to be a great showcase of our city and a really enjoyable experience for those on the rides – and it’s all free.”

    Leicester city mayor Peter Soulsby said: “We are really looking forward to this festival, which will bring together our diverse communities and promises to be great experience for people of all ages.  

    “Leicester will come alive with light and colour, with extraordinary performances and installations by international artists that people will be able to enjoy free of charge.

    “More than 80,000 people enjoyed Light Up Leicester last time we hosted this festival, in 2022. Thanks to the generous support of our funders and sponsors, this free festival will brighten up the dark winter nights for many thousands more.”

    Presented by Leicester City Council, BID Leicester, Leicester Cathedral and Art Reach, and with additional backing from headline sponsor Highcross Leicester and PPL PRS, Light Up Leicester 2025 will feature four nights of family-friendly performances and activities. Schools and communities are getting involved too, with partners Inspirate and Art Reach working with local groups on projects that will celebrate the city’s diversity and bring an extra dimension to the festival.

    A full festival programme is available at lightupleicester.com/home

    Sign up for the bike parade at www.letsride.co.uk/rides/light-up-ride-leicester-bike-parade and plan your journey into the city by bike at choosehowyoumove.co.uk/

    Light Up Leicester is committed to being a welcoming and accessible event for everyone. A range of adapted bikes, e-cycles and piloted rickshaws can be booked in advance for free by people who need extra support to take part – please email cycle-city@leicester.gov.uk before 6 March to arrange this. Find out more at lightupleicester.com/accessibility/

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Educational Improvements for Dundee Primary Pupils

    Source: Scotland – City of Dundee

    Dundee’s primary pupils are making significant educational progress during the earliest stages of their learning journey.

    The Children, Families and Communities Committee will hear that since 2018/19 primary pupils living in the most deprived areas of the city have continued to show higher levels of literacy and numeracy attainment compared to the Scottish average.

    There has also been improvement across all Primary 1, 4 & 7 pupils in the city in reading, writing, listening and talking, literacy, and numeracy.

    The gap between pupils from the most and least deprived areas has remained relatively steady. This is mainly because of increased performance of pupils living in the least deprived areas.

    There are several key strategies and actions to build on this success, actions are being taken to embedding ‘Every Dundee Learning Matters’ (EDLM) improvement strategy, redesigning Head Techer Learning Together Days, and creating stronger working links with Education Scotland Attainment advisors.

    Children, Families and Communities Convener Stewart Hunter said: “This report highlights the great work going on in the city to make sure our primary pupils get good quality education from the start of their learning journey.

    “It’s encouraging to see that the poverty-related attainment gap in Dundee is smaller than the national average and continuing to narrow, highlighting the great work taking place in our schools.

    “We know how important it is to get it right for every pupil and we are committed to ensuring best practice across all our schools, we have several ways in which we are looking to achieve this, including using data to drive improvement and investment with our schools.

    “I want to thank the staff who are doing a great job delivering for our young people and getting their education off to the right start.

    “We will not become complacent, and we will continue to work to give every Dundee learner the best start to their learning journey.”

    This Achievement of Curriculum for Excellence Levels 2023/24 update provides information on the proportion of primary school pupils who have achieved the expected Curriculum for Excellence (CfE) levels in literacy and numeracy relevant to their stage in academic session 2023/24.

    The report is focused of the % of P1, P4 and P7 pupils combined achieving expected Curriculum for Excellence Levels in both literacy and numeracy.

    The Children, Families and Communities Committee will meet on Monday 3rd March.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UN Human Rights Council 58: UK Statement at the Special Dialogue with the Special Rapporteur on Afghanistan

    Source: United Kingdom – Executive Government & Departments

    Speech

    UN Human Rights Council 58: UK Statement at the Special Dialogue with the Special Rapporteur on Afghanistan

    UK Statement at the 58 Human Rights Council during the Interactive Dialogue with the Special Rapporteur on Afghanistan. Delivered by UK Ambassador for Human Rights to the UN, Eleanor Sanders.

    Thank you, Mr Vice President,

    Special Rapporteur,

    Thank you for your valiant efforts to shine a light on the dire human rights situation in Afghanistan. The UK Government fully supports your mandate.

    As you have said, the Taliban continues to oppress women and girls, in particular denying them employment, freedom of movement and expression, and education. The latest ban on women accessing medical education is appalling. Courses in nursing, midwifery and dentistry were some of the few educational avenues left open to women in Afghanistan – their removal violates their human rights. The Taliban must reverse these inhumane restrictions to ensure a brighter future for all Afghans.

    We, the international community, must maintain collective pressure and stay committed to the people of Afghanistan. The UK’s current £171 million aid programme provides lifesaving support, and access to assistance and services, to the most vulnerable. The UK will continue its unwavering commitment to Afghanistan and to promoting the human rights of all Afghans.

    Updates to this page

    Published 28 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UN Human Rights Council 58: Core Group Statement at the Enhanced Interactive Dialogue on the report of the Commission of Human Rights in South Sudan

    Source: United Kingdom – Executive Government & Departments

    Speech

    UN Human Rights Council 58: Core Group Statement at the Enhanced Interactive Dialogue on the report of the Commission of Human Rights in South Sudan

    Core Group Statement at the 58 Human Rights Council for the Enhanced Interactive Dialogue on the report of the Commission of Human Rights in South Sudan. Delivered by the UK’s Permanent Representative to the WTO & UN, Simon Manley.

    Thank you, Mr President. 

    I am pleased to speak on behalf of the Item 2 core group for South Sudan – Albania, Norway, Ireland and the UK. 

    We thank the Commissioners for their important report. We also welcome South Sudan’s continued cooperation with the Commission and the Minister of Justice’s presence today.

    The Commission’s report demonstrates the scale of ongoing human rights violations and abuses committed in South Sudan. Civic space and media freedom are severely restricted. Appalling acts of conflict-related sexual violence are being committed frequently, and with impunity, across the country. 

    While the recent passing of legislation on transitional justice institutions represents some progress, only fully resourced and operational institutions can deliver justice and accountability for the South Sudanese people.

    During this extension period, the Revitalised Agreement must be fully implemented, including operationalising the Chapter Five transitional mechanisms and holding peaceful, inclusive and credible elections in 2026.

    We remain committed to continuing our support to the people of South Sudan and their path to peace, reconciliation and accountability.

    The Commission plays a vital role in supporting such efforts. Its mandate must therefore be extended in full in this Session, to ensure continued, robust scrutiny of the human rights situation. 

    We will continue to engage with South Sudan in the hope that this extension can be agreed by consensus.

    Updates to this page

    Published 28 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UN Human Rights Council 58: UK Statement at the Enhanced Interactive Dialogue on the report of the Commission of Human Rights in South Sudan

    Source: United Kingdom – Executive Government & Departments

    Speech

    UN Human Rights Council 58: UK Statement at the Enhanced Interactive Dialogue on the report of the Commission of Human Rights in South Sudan

    UK Statement at the 58 Human Rights Council for the Enhanced Interactive Dialogue on the report of the Commission of Human Rights in South Sudan. Delivered by the UK’s Permanent Representative to the WTO & UN, Simon Manley.

    Thank you Mr Vice President.

    And thank you to the commission and the ASG for their poignant interventions today. Your ongoing work is vital to securing long-term peace and reconciliation in South Sudan.

    We also welcome the presence of the Honourable Justice Minister of South Sudan.

    Mr President, as this report makes clear, the human rights situation in South Sudan remains grave. Violence continues to escalate. Elections have been delayed. Media freedom is severely restricted. And journalists are being arbitrarily detained under the National Security Service Bill.

    We are particularly concerned by appalling reports of conflict-related sexual violence. Victims being left without access to essential medical care or recourse to justice. The Anti-Gender-Based Violence Bill, drafted five years ago, must be put into full and immediate action.

    What we’ve read and heard underlines why we need to maintain this Council’s attention on South Sudan, and why the work of the Commission must continue. It is essential to achieving the inclusive, democratic future promised to the people of South Sudan. The Commission’s robust scrutiny of South Sudan’s human rights situation must continue.

    Commissioners, what more can the international community do to help South Sudan end this devastating cycle of conflict-related sexual violence?

    Thank you.

    Updates to this page

    Published 28 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Rouge Bouillon closure – progress update27 February 2025 The latest update is that the Jersey Demolition Company, JDC, site visits have been taking place this week to assess the stability and make preparations for the construction of the scaffolding, as… Read more

    Source: Channel Islands – Jersey

    27 February 2025

    The latest update is that the Jersey Demolition Company, JDC, site visits have been taking place this week to assess the stability and make preparations for the construction of the scaffolding, as part of the first step in our four-step plan. 

    This highlights the complexity of the response needed to carry out the repairs, as investigations continue into the stability of the building, affected by a burst water main.

    Four-step plan 

    • first, we’re installing a steel strapping system to keep the building stable. 
    • then, a Geotechnical Engineer will check the soil conditions under the foundations.
    • after that, we’ll move on to demolishing external structures, including boundary walls. 
    • and finally, we’ll keep reviewing timelines, but right now, we’re aiming to reopen after Easter. 

    Timeline update: 28 Clarendon Road 

    The owner of 28 Clarendon Road has been working with an engineering team and a Geotechnical Engineer, to take action to ensure the building is made safe and restored efficiently. 

    We want to thank the owner for working with all parties to come to the fastest possible resolution. 

    Next steps

    • Step 1: Manufacture and install steel strapping system to stabilise the building. 
    • Step 2: Geotechnical Engineer to then assess soil conditions beneath the foundations. 
    • Step 3: The wider team can then proceed with necessary demolition of external structures, including boundary walls affecting neighbouring properties. 
    • Step 4: We continue to monitor progress and review timelines for the safe reopening of Rouge Bouillon, currently expected after the Easter holidays. 

    The project remains under constant review to ensure the best and safest outcome. 

    Rouge Bouillon continues to remain closed between Clarendon Road and Palmyra Road as investigations continue into the stability of an adjacent building wall, affected by a burst water main. 

    The Government of Jersey is monitoring and facilitating ongoing meetings held with all relevant stakeholders to ensure public safety. These include Highways, Network Management, Drainage, Building Control, Jersey Water, CYPES and other key parties, alongside property owners impacted by the issue. 

    Current status with investigatory and repair work

    • private parties, residents and private owners, responsible for the affected buildings are undertaking detailed investigations and repair work, which are expected to take some time 
    • The situation is highly complex with several adjacent walls and buildings that are unsafe and severely cracked
    • Multiple parties are involved, including Infrastructure and Environment, Jersey Water, structural engineers, building surveyors, loss adjustors, and insurance companies. 

    Alternative routes and safety assurance 

    We have considered other options to manage the traffic around the closure however, the decision to retain the current traffic arrangement is based on the following factors: 

    • reversing Clarendon Road poses additional safety risks for residents and pedestrians 
    • allowing right-turn access onto Clarendon Road from Val Plaisant could cause severe traffic congestion, particularly near the Gyratory 
    • reversing Midvale Road, while potentially useful, would necessitate signal junction changes, creating confusion, complications, and further safety concerns. We advise the traveling public to continue to avoid the area and use alternative routes to access town where possible. 

    Public impact 

    We understand that the closure has significant impacts on daily travel and local businesses. The road will only reopen once the buildings are stabilised and all risks of structural collapse have been mitigated.

    Next steps 

    A further update on the situation will be provided in seven days.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Statement from the Minister for Health and Social Services28 February 2025 Please see below a statement from the Minister for Health and Social Services, Deputy Tom Binet, in response to the publication of the Hospital Review Panel’s report. Minister for Health and Social Services,… Read more

    Source: Channel Islands – Jersey

    28 February 2025

    Please see below a statement from the Minister for Health and Social Services, Deputy Tom Binet, in response to the publication of the Hospital Review Panel’s report. 

    Minister for Health and Social Services, Deputy Binet, said: ”Today, the Hospital Review Panel released their 117-page review. Along with the New Healthcare Facilities Programme, Health and Care Jersey and Treasury teams and Minister, I will study it carefully over the coming days and respond to the findings and recommendations as soon as possible. Having read Deputy Renouf’s Forward and the Executive Summary, it is clear that the report is likely to cause a good deal of unnecessary concern. 

    “For the avoidance of doubt, there is nothing in it to suggest that progress towards the delivery of New Healthcare Facilities should be slowed and I am confident that the team will be able to address all the key findings and recommendations and assuage any public misgivings. Even the Chair of the Panel himself says that they are not saying the new healthcare facilities will fail to meet the needs of Islanders or that they are definitely unaffordable. 

    “Everyone knows the new Acute Hospital at Overdale and other healthcare facilities are desperately needed, and having worked with the highly competent delivery team for almost three years, I’m satisfied that sufficient information has been generated in this specific, Jersey context to justify the expenditure, and that the Outline Business Case will be refined to a Full Business Case in the same, appropriate way.”​​​

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Upcoming changes around York Station as project progresses

    Source: City of York

    In the coming weeks, people will notice a lot of changes to the area to the front of York Station as progress on the Station Gateway project continues.

    The new image reveals paving that will form the new public spaces in the area where Queen Street Bridge used to be, as well as give a feel for how the segregated cycle lane will look.

    Earlier this month, contractors John Sisk & Son (Sisk) confirmed night time works were to take place to dig out existing footways and roads, so that they can be resurfaced and improved as part of the changes to public spaces in the area.

    In March, people will notice a number of changes around the station. These include:

    Changes to bus stops outside York Station

    4 bus stops on the city walls side of Station Road will be relocated from Monday 10 March. Stops RF, RG, RH and RJ* will move to a new, more spacious location approximately 50m away. This will create a better waiting environment for passengers and drivers, while making room for improved public spaces.

    Buses will continue to serve and stop at the station but from 10 March will use the new stops as illustrated in the map.

    People will notice that the temporary road will be realigned to accommodate these changes. This will happen during the night works. A temporary accessible pedestrian diversion will run behind where the current bus stops are and connect to the new stops.

    Find information on bus routes and timetables.

    Other work taking place

    • Blossom Street lane closures – 24 February to 12 April (two-way traffic will be maintained).
    • Night work – Ongoing throughout March. From 17 March, Sisk will be installing a new water main outside the RI building. This work will be done over 10 nightshifts on weekdays only, with the last night of work taking place on 28 March.
    • Long-stay car park closure – Network Rail has announced that the long-stay car park will be closed permanently from 11.59pm on 14 March. This is to allow Network Rail to begin work on a new multi-storey car park.

    Cllr Kate Ravilious, Executive Member for Transport at City of York Council, said:

    “It’s fantastic to see the changes now happening which are transforming the area into a more open, accessible and pedestrian-friendly space with improved public transport links.

    “I would like to reassure people that buses will continue to serve the station and that the changeover of the bus stops will happen overnight, so please do continue to use our local bus services to travel into and around the city.

    “We are hugely grateful for everyone for their patience and understanding while these works take place. We are working closely with our contractor and partners to minimise disruption as much as possible.”

    Sisk Regional Director Robin Metcalf said:

    “We’re proud to be delivering this important project which will transform the area around York Station.

    “It’s also created valuable employment opportunities for local people, as well as local businesses and suppliers from the region. As we move into the next phase of construction, we remain committed to completing the work efficiently and with as little disruption as possible.”

    Find more information on the Station Gateway project.

    MIL OSI United Kingdom

  • MIL-OSI Security: Man sentenced for killing Dubai chef, Mussie Imnetu

    Source: United Kingdom London Metropolitan Police

    A man has been jailed for murder after he was captured on CCTV heading to a nightclub immediately after the violent attack.

    Detectives were able to use the footage alongside DNA from a pair of sunglasses dropped at the scene to prove that Omar Wilson, 31, was responsible for killing Mussie Imnetu.

    Wilson, (19.03.93) of Napier Road, Leytonstone, was sentenced on Friday, 28 February to 17.5 years after being found guilty of murder at an earlier hearing at the Old Bailey on Thursday, 20 February.

    Mussie, who was 41 and visiting the UK from Dubai where he lived and worked, was found unconscious with a head injury in Queensway, W2 at 23:22hrs on Monday, 26 August 2024.

    Officers were on the scene in seconds and provided emergency first aid until paramedics arrived. Mussie was taken to hospital where, despite the best efforts of medical staff, he sadly died on 30 August 2024.

    Wilson claimed that he attacked Mussie in self-defence, however he was found guilty of murder by a jury majority.

    Detective Chief Inspector Brian Howie from the Met’s Specialist Crime Command, who led the investigation, said: “Our thoughts very much remain with Mussie’s family and friends in Dubai, Sweden and London. Mussie was a loving husband, father, son and a respected chef. He was in London for a few days to help train his colleagues and went out that evening to enjoy the post Notting Hill Carnival atmosphere, where tragically he was violently assaulted.”

    After the attack Wilson quickly left the area, actively avoiding police officers as he did so. He then travelled across London to attend a nightclub on Gaunt Street, SE1. This was only about an hour-and-a-half after his attack on Mussie.

    Although Wilson fled the scene, he dropped his sunglasses and house and car keys. Officers were able to recover his DNA from the sunglasses, and the keys were a perfect fit for his house and car. Careful analysis by officers of his phone usage, placed Wilson in the area of Queensway at the time of the murder.

    Officers were also able to piece together a puzzle of CCTV which showed the attack and Wilson’s subsequent journey to the nightclub on Gaunt Street.

    The jury were also shown messages sent by Wilson to friends in in the aftermath of the attack. In one of them he said: “There’s a monster in me … and it’s just like sometimes it comes out. And I think I’ve messed up now … and everything’s finished” and “I’ve f***** up … I crossed the line and went overboard. I don’t think I can come back from this mistake … I’m going jail in the morning”.

    In another he said that “I did the hands ting…finished one guy man” and was told by a friend to “get a solicitor and use your ADHD”.

    Wilson was arrested on Wednesday, 28 August 2024 and charged the following day.

    MIL Security OSI

  • MIL-OSI Security: “Fully committed to an anti-discriminatory police service.”

    Source: United Kingdom National Police Chiefs Council

    An update one year on from the Angiolini Inquiry Part One

    The Angiolini Inquiry was established to investigate how an off-duty police officer was able to abduct, rape and murder a member of the public. The findings and recommendations of this investigation were presented in part 1 in February 2024.

    Policing accepted all recommendations made and over the last year much work has been ongoing to develop and take forward these recommendations, building the necessary steps to embed them in processes and culture.

    Recommendation 14 focussed on “Positive culture and elimination of misconduct or criminality often excused as ‘banter’”. The Inquiry stated that every police force should commit publicly to being an anti-sexist, anti-misogynistic, anti-racist organisation. It was agreed by all police chiefs in England, Scotland and Wales that we commit to a police service that is anti-discriminatory, placing inclusion at the heart of culture and today this statement is underlined.

    National Police Chiefs’ Council Chair, Chief Constable Gavin Stephens said:

    “I stand with my colleagues across policing to say we are fully committed to a police service that is anti-discriminatory and we continue working hard to eradicate sexism, racism, misogyny and discrimination in all forms.

    “Actions speak louder than words and while a statement can be incredibly powerful, we know that what is more important is how we embed an anti-discriminatory culture. We are driving out behaviour that does not meet the high standards of integrity the public and colleagues deserve and creating an environment where everyone is supported and empowered.

    “This commitment to being anti-discriminatory represents a line in the sand while building on the valuable work ongoing across policing to address poor culture and ensure our workforce meets the high standards our communities expect and deserve.

    “The Angiolini Inquiry part one was an urgent call for action and I know I speak for everyone in policing when I say we heard that call and are fully committed to bringing lasting, impactful change for future generations.”

    Much progress has been made against the recommendations set out in February 2024 with a robust governance structure managing the national and local response and regular reporting back to the Everard family and the Inquiry team.

    Key updates include:
    • Provisions made for stringent information sharing between police forces and the armed services when individuals are transferring or moving onto new organisations.
    • Vetting reform work ongoing to review the processes and procedures in vetting, reviewing robust measures and checks to ensure the integrity of policing’s workforce.
    • A working group, supported by leading academics, is examining the use of psychometric testing in vetting as another means of identifying any cause for concern.
    • Best practice and learning is being shared around in-person interviews and home visits for police officer applicants with pilots in place and more being developed.
    • The NPCC and Home Office are working in partnership to develop a continuous integrity screening solution which will be piloted in late 2025. The purpose of the solution is to ensure police officers, staff and volunteers are regularly and automatically checked through the Police National Database, highlighting any issues or changes so they can be addressed as required.
    • Publication of the revised vetting approved professional practice
      • o This encompasses a number of changes which reflect many of the recommendations around vetting, strengthening the process and reframing vetting as an ongoing process throughout the careers of officers and staff, rather than a moment in time.
    • Nationally and locally, reporting mechanisms have been strengthened so that the policing workforce is empowered and supported in reporting any concerns about colleagues.
    • Many police forces have implemented policies around dealing with indecent exposure incidents and the College of Policing has introduced a detailed new training package on non-contact sexual offences, placing victims at the heart of investigations.
    • Policing must be an inclusive and desirable employer for everyone and the Angiolini Inquiry made recommendations particularly around supporting women in policing. Significant work is ongoing to look at how women can be better supported with a new ‘Family Friendly’ policy developed and a uniform review in progress.
    National Policing Culture and Inclusion Strategy 2025-2030

    The College of Policing and the National Police Chiefs’ Council (NPCC) have developed a five-year culture and inclusion strategy for policing.

    The strategy sets the vision for policing to have a representative workforce that is a trusted profession, demonstrating the highest levels of integrity, fairness and respect towards each other and the public we serve.

    The strategy is available for police forces to implement from 1 April 2025. It establishes new standards focusing on two interconnected priorities: evolving police organisations and improved working with the public. As part of the strategy there will be practical guidance and tools available to support forces to create lasting cultural change.

    The strategy will be owned by a chief officer in each force who will maintain sign-off and oversight of force performance on an annual basis.

    The NPCC and College of Policing will work with His Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS) to enable effective scrutiny of progress against this strategy and the culture and inclusion standard for policing.

    To report corruption or serious abuse within policing

    To report corruption or serious abuse within policing, please contact the Police Anti-Corruption and Abuse Reporting Service, run by the independent charity Crimestoppers. The service gives the public an anonymous route to report information about a police officer, member of staff or volunteer, who they believe are corrupt or committing serious abuse.

    Contact the service by calling 0800 085 0000 or via the Crimestoppers’ website. For more information about the service, click here Police Anti-Corruption and Abuse Reporting Service | Police.uk

    MIL Security OSI

  • MIL-OSI USA: Governor Newsom partners with 21 Brazilian state governors to protect the environment, cut harmful pollution

    Source: US State of California 2

    Feb 27, 2025

    SACRAMENTO – California and a consortium of 21 Brazilian states are partnering together to combat pollution and foster sustainable economic growth. 

    Governor Gavin Newsom and Governor Renato Casagrande of the Brazilian state of Espírito Santo signed a Memorandum of Understanding (MOU) today that establishes a four-year partnership between California and the Brazilian consortium of states leading on environmental protections, Consórcio Brasil Verde (CBV).

    Together with these 21 Brazilian states, California is committed to advancing a bold, collaborative action plan that tackles pollution, protects public health and safety, and creates good-paying jobs.

    Governor Gavin Newsom

    This collaboration encompasses clean air, transportation and energy; adaptation; forest management; and more. The full text of the MOU is available here. R20 Regions of Climate Action – an organization founded by former Governor Arnold Schwarzenegger to support subnational climate work – played a key role in supporting this MOU.

    “This is a historic opportunity to join efforts and share knowledge between Brazilian states and California, which is a reference in combating climate change,” said Governor Renato Casagrande. “The partnership not only reaffirms our commitment to sustainability but also highlights the importance of active participation from everyone in building solutions that benefit our planet.”

    How we got here: California met its 2020 climate target six years ahead of schedule thanks to world-leading climate policies and partnerships across the U.S. and around the world, created to share best practices and support cooperation on climate work.

    • Last year, Governor Newsom welcomed a new international partnership with South Korea’s Gyeonggi Province to collaborate on climate and economic efforts. Also last year, Governor Newsom welcomed delegations from Sweden and Norway and signed renewed climate partnerships with the two governments.
    • In 2023, Governor Newsom led a California delegation to China, where California signed five MOUs – with China’s National Development and Reform Commission, the provinces of Guangdong and Jiangsu, and the municipalities of Beijing, and Shanghai. The trip also resulted in a first-of-its-kind declaration by China and California to cooperate on climate action like aggressively cutting greenhouse gas emissions, transitioning away from fossil fuels, and developing clean energy.
    • Also in 2023, California signed a MOU with the Chinese province of Hainan, as well as with Australia.
    • In 2022, California signed Memorandums of Cooperation with Canada, New Zealand and Japan, as well as Memorandums of Understanding with China and the Netherlands, to tackle the climate crisis. The Governor also joined with Washington, Oregon, and British Columbia to recommit the region to climate action.

    Press Releases, Recent News

    Recent news

    News SACRAMENTO – Governor Gavin Newsom today announced multiple clemency actions. He granted pardons in three cases. He also sent multiple clemency cases to the Board of Parole Hearings, initiating the process for granting clemency in fifteen cases. He also sent two…

    News What you need to know: Governor Newsom today released a new economic vision for California’s future with a bold plan, realized locally. The unveiling comes alongside the announcement of more than $245 million in investments to help support workers statewide,…

    News What you need to know: Governor Newsom today issued a statement in response to the Trump administration’s announcement that it had released more than $315 million of obligated money to create new water storage at the future Sites Reservoir and at the existing San…

    MIL OSI USA News

  • MIL-OSI Security: Murder investigation launched following death of woman in Ealing

    Source: United Kingdom London Metropolitan Police

    A murder investigation has been launched following the death of a 45-year-old woman in Ealing.

    On Friday, 28 February police were called to a property on Jubilee Road, Perivale at 01:40hrs following reports of a disturbance.

    Officers attended the scene alongside the London Ambulance Service who worked hard to save the woman but despite their best efforts she was sadly pronounced dead at the scene.

    Her family has been made aware of her death and are currently being supported by specialist officers.

    A 49-year-old man was arrested on suspicion of murder at the scene, he currently remains in police custody at a west London police station.

    Detective Superintendent Rebecca Reeves, who leads policing in Ealing, said: “I am deeply saddened by this incident, and I know residents in our local area will be too. We have a suspect in our custody and although our investigation is in its early stages, we believe this man was known to the victim.

    “We have secured a scene and this will be in place for the remainder of the day, so our officers can obtain crucial evidence for their investigation.

    “Our neighbourhood officers will also be present in the area throughout the day – if any local residents have concerns please speak to them. We are there not only to support our investigation team but also there to support you as a community.

    “If you know anything that may help us, then please come forward to police by calling 101 stating CAD438/28FEB.”

    A special post mortem will be held in due course – the cause of death is currently unknown.

    Enquiries into the circumstances are ongoing.

    MIL Security OSI

  • MIL-OSI Economics: European Consortium Launches PQC4eMRTD Project to Enhance Security of Electronic Passports in the Quantum Era

    Source: Thales Group

    Headline: European Consortium Launches PQC4eMRTD Project to Enhance Security of Electronic Passports in the Quantum Era

    Munich, Germany – February 28, 2025 – A significant European initiative, the PQC4eMRTD (Post-Quantum Cryptography for electronic Machine-Readable Travel Documents) project, has officially commenced today. Funded by the European Union under the Digital Europe Programme, the two-year project aims to address the security challenges posed by the rise of quantum computing, focusing on the standardization and promotion of quantum-resistant (QR) cryptographic protocols for electronic machine-readable travel documents (eMRTDs).

    Quantum computing is advancing rapidly with substantial investments from both public and private sectors. By 2026, the number of quantum bits (qubits) is expected to grow tenfold compared to the roughly 400 qubits achieved at the end of 2022, dramatically expanding the processing capacity of quantum computers and enabling them to solve increasingly complex problems. ​ These advancements pose a threat to classical cryptography, making it essential to develop QR standards and infrastructures.

    Represented by Eurosmart, the European digital security industry emphasizes the urgent need to transition to QR infrastructures, particularly for eMRTDs such as electronic passports, which are vulnerable to quantum threats. The PQC4eMRTD project aims to support this transition by advocating for the development and promotion of standardization in QR cryptographic protocols.

    The project is coordinated by Infineon Technologies AG from Germany and includes key partners Thales and CryptoNext Security from France, the Barcelona Supercomputing Center from Spain, and the Institute for Comparative Law at the Faculty of Law in Ljubljana, Slovenia. The PQC4eMRTD project will focus on pushing existing PQC research results towards international standardization working groups to facilitate the adoption of QR protocols.

    Additionally, the PQC4eMRTD project will promote cooperation across different sectors transitioning to PQC by addressing common challenges and fostering synergies. It aims to provide a detailed blueprint for Europe’s transition to PQC, serving as a model for other regions. By actively engaging and supporting the broader European PQC community through knowledge sharing and collaborative initiatives, the project ensures that all stakeholders can benefit from the latest research and developments.

    Stakeholders, including industry experts, policymakers, and academic researchers, are invited to join this vital project. Their participation and support are crucial as the consortium works towards securing the future of electronic travel documents and digital identities against emerging quantum threats.

    “We at Thales are committed to driving innovation and ensuring the highest level of security for electronic documents and digital identities”, commented Nathalie Gosset, VP Identity & Biometric Solutions at Thales. “Our involvement in the post-quantum cryptography European consortium underscores our proactive approach to safeguarding sensitive data and critical systems against emerging quantum threats. By collaborating with industry leaders, we aim to responsibly anticipate and address future challenges, paving the way for a secure and resilient digital ecosystem.”

    For more information about the project and opportunities for collaboration, please contact the respective partner organizations. Together, we can build a secure, quantum-resistant future for electronic travel documents.

    About the PQC4eMRTD Project

    The PQC4eMRTD project is a European initiative aimed at enhancing the security of electronic machine-readable travel documents (eMRTDs) by promoting the standardization of quantum-resistant cryptographic protocols. Funded by the European Union under the Digital Europe Programme, the project brings together leading European organizations to address the challenges posed by quantum computing and ensure the future security of digital identities and eMRTDs.

    MIL OSI Economics

  • MIL-OSI United Nations: 28 February 2025 Donors making a difference: community engagement to promote, provide and protect the health and well-being of all

    Source: World Health Organisation

    WHO defines community engagement as “a process of developing relationships that enable stakeholders to work together to address health-related issues and promote well-being to achieve positive health impact and outcomes”.

    WHO’s partners and donors support the Organization to work in this area as there are undeniable benefits to engaging communities in promoting health and well-being. At its core, community engagement enables changes in behaviour, environments, policies, programmes and practices within communities.

    Below are some country stories that demonstrate the breadth of community engagement work that WHO conducts, resulting in more positive health outcomes for the people in these communities than before.

    Uganda trains district health workers on community-based approach to Ebola

    Uganda trains Community Health workers from Kole, Mukono and Wakiso districts on community-based approach to Ebola. Photo by: WHO/Sadat Kamugisha 

    Uganda’s Ministry of Health conducted a training on Ebola disease detection and management for Community Health Workers representatives from Kole, Wakiso, and Mukono districts. Participants focused on multi-sectoral action to safeguard communities from emerging zoonotic diseases with pandemic potential such as Ebola.

    Communities play an integral role in raising awareness, supporting case identification, tracing contacts, and maintaining essential health services. The emphasis on collaboration with local leaders, volunteers, and health workers is vital for effective responses to public health emergencies. Building on lessons learned from past health crises, Uganda has already made substantial advancements in emergency preparedness.

    The three-day event was supported by WHO, and the UK Public Health Rapid Support Team (UK-PHRST), which is a UK aid project funded by the Department of Health and Social care. The community protection approach is a central component of WHO’s new Health emergency prevention, preparedness, response, and resilience framework.

    Visit the WHO/Uganda web page to read the full story.

    Community engagement for access to health services in Lao PDR

    CONNECT team members discuss community health priorities in Khammouane Province, Lao PDR. Photo by: WHO/Enric Catala

    Developed by the Lao Ministry of Health and Ministry of Home Affairs in response to COVID-19 with the support of WHO and partners, the CONNECT initiative enhances local governance and community engagement for equitable access to public services, particularly health.

    Supported by USAID, the Australian Government and Luxembourg, as of July 2024, CONNECT reached over 230 villages across 10 provinces (including Vientiane Capital) and support already in-place for expansion to all provinces.

    An external evaluation of implementation in 12 villages found an increase in essential service uptake for maternal health and improved attitudes towards using primary care; increased trust in health providers; increased sense of ownership of health at community level; and increased vaccination uptake and confidence, especially among ethnic groups and previously unreached communities.

    Visit the WHO/WPRO web page to read the full story.

    Côte d’Ivoire community radios boost public awareness on mpox outbreak

    Community radios, pillar of the fight against mpox. Photo by: WHO/Toiherou De Marfere Sidibe

    A network of community radio stations, known as Radio Santé, comprises 350 stations in West African, with over half based in Côte d’Ivoire. Launched in 2020 during the COVID-19 pandemic with major support from WHO, Radio Santé has become a preferred channel for disseminating reliable, verified health information. It brings together nearly 1000 journalists and communications specialists.

    Radio Santé is an interactive and accessible tool for mobilizing communities around health issues, throughout Côte d’Ivoire and across borders. Health authorities use Radio Santé to counter rumours and misinformation, and to strengthen community engagement, which is crucial to curbing the spread of diseases such as mpox.

    After WHO declared mpox as a public health emergency of international concern in August 2024, Radio Santé devoted its health talk show to mpox. 185 Ivorian community radio stations have since broadcasted messages on mpox. Over 50 programmes have been produced and broadcast in eight countries: Benin, Burkina Faso, Chad, Guinea, Mali, Niger, Senegal and Togo.

    Visit the WHO/Côte d’Ivoire web page to read the full story.

    Bolivia strengthens social participation in health for indigenous population

    Indigenous organizations are clear about their requests. They want free and equitable access to health care, an improved indigenous health network, incorporation of traditional medicine, and the consideration of the indigenous population’s culture, customs, and practices. Photo by: WHO/PAHO

    The Ministry of Health and Sports of Bolivia is engaging indigenous populations in community participation processes, creating space for them to discuss health topics, share concerns, and contribute to a health improvement plan.

    The meaningful inclusion and engagement of indigenous populations in health policy planning, taking into account the social determinants of health, is critical to ensure context-specific interventions, uptake of guidance and services, and positive health outcomes for all.

    PAHO/WHO, through the Universal Health Coverage Partnership, has supported the Ministry of Health and Sports of Bolivia in this endeavour since 2021. The UHC Partnership operates in over 125 countries, representing over 3 billion people. It is supported and funded by Belgium, Canada, the European Union, France, Germany, Ireland, Luxembourg, Japan, the United Kingdom of Great Britain and Northern Ireland, and WHO

    Visit the PAHO/AMRO web page to read the full story.

    Weaving hope in Honduras: the community wisdom that saves lives

    Maternal health in Honduras Hermelinda shares her experience. Photo by: WHO/Honduras

    In Honduras, high rates of maternal and neonatal mortality are often the result of multiple factors, including socioeconomic barriers, lack of access to adequate healthcare services, gaps in education and awareness about maternal and child health, and cultural differences.

    Hermelinda Hernández, who is familiar with the local practices and beliefs of her community and also recognizes the value of professional medical interventions, participated in the “Knowledge Dialogues Methodology” workshop organized by the Honduran Ministry of Health with the support of PAHO/WHO and funded by Global Affairs Canada.

    The workshop aimed to promote mutual understanding between midwives and healthcare providers to reach agreements that improve the health of women, and adolescent girls in situations of vulnerability within the community.

    Visit the PAHO/AMRO web page to read the full story.

    Grassroots heroes in Cambodia

    Mrs Say Sa with her Baby in Cambodia’s Principal of Health Centre Kok Chuk. Photo by: Aforative media

    In Cambodia, village chiefs stepped up to create a healthier future for their communities. In villages across 25 provinces, 2000 village chiefs and nearly 5400 village health support groups received trainings, organised by the Ministry of Heath with support from WHO and the EU.

    This equipped the chiefs with knowledge and skills necessary to control transmission of COVID-19, influenza, and other respiratory diseases, and collaborate with authorities more closely on health issues facing their communities.

    The chiefs then shared their newfound knowledge during community dialogues, which then transformed how community members adopted healthier practices. Empowered with accurate information, communities embraced protective measures during times of high COVID-19 transmission.

    Visit the WHO/WPRO web page to read the full story, and more on EU’s support to WHO in ASEAN region.

    Bolstering public awareness to help curb mpox spread in Uganda

    Dr Kenneth Kabali, WHO Field Coordinator for Busoga Sub-region sensitizes the community on mpox in Mayuge district, Eastern Uganda. Photo by: WHO/Abdu Mutwalibu Seguya

    Uganda witnessed an upsurge in mpox cases, with laboratory-confirmed cases increasing from 24 as of 21 September to 413 as of 7 November 2024. Health authorities, with support from WHO and partners, worked closely with communities to raise awareness about the dangers of the disease and how to stay safe, and address misinformation and stigma.

    The risk communication and community engagement team reached more than 100 fishmongers, fisherfolk, boda boda (motorbike taxi) riders, 8000 school children and 30 sex workers. In addition, 500 teachers in the district have been oriented on mpox.

    WHO is also using mass media to expand the reach of mpox response communication. With funding from USAID, WHO has contracted 10 regional radio stations and 2 national TV stations to raise awareness and promote preventative behaviour.

    Visit the WHO/AFRO web page to read the full story.

    Combating measles: a comprehensive community-centred approach in Ethiopia

    Combating measles, a comprehensive community-centred approach in Ethiopia. Photo by: WHO/Hassen Ali

    In the districts of Sidama, Central, and South Ethiopia, access to healthcare is often challenging, exacerbated by various health emergencies. A community-led initiative made remarkable progress in combating measles, malaria, and malnutrition through collaborative efforts between local health facilities, community health workers, and government agencies.

    The initiative received significant financial support from the European Civil Protection and Humanitarian Aid Operations (ECHO) bolstering community-based intervention efforts.

    By leveraging collaboration between healthcare facilities, community health workers, and local communities, this initiative represents a beacon of hope in improving healthcare access and outcomes in regions of Ethiopia.

    Visit the WHO/Ethiopia web page to read the full story.

    WHO races to contain malaria resurgence in southeastern Iran

    Malaria resurgence in Iran. Photo by: WHO/Iran

    A race against time is underway in southeastern Iran, where the resurgence of malaria threatens to undo years of progress. The dramatic rise in cases has been attributed to the devastating floods in neighbouring Pakistan in September 2022 which led to an expansion of malaria breeding sites.

    WHO, with crucial support from the Government of Japan, is on the ground in Sistan and Baluchestan Province, battling this public health emergency and working to protect vulnerable communities. Japan’s generous contribution provided 4902 mosquito dome tents offering families protection from infected mosquitos, 50 000 malaria rapid diagnostic tests enabling health care workers to quickly identify and treat infected individuals, and 1655 kg of insecticides, deployed to contain mosquito populations at their source. The combined resources are estimated to benefit 77 400 people in the province.

    In December 2024, a WHO mission observed a proactive approach to malaria control demonstrated by local health workers as they conducted house-to-house screenings, distributed mosquito nets and educated communities on how to use them.

    Visit the WHO/Iran web page to read the full story.

    Mali: screening for malnutrition in affected children to avoid complications

    Screening for malnutrition in affected children to avoid complications, Mali. Photo by: WHO/Razzack Saizonou

    Malnutrition among children is one of the main health problems that the affected populations of Ségou had to face after severe floods hit Mali between July and October 2024. Having lost everything including their food reserves and their means of subsistence, people found themselves in a very precarious situation.

    Among the more than 370,000 people affected by these floods, children, who represent 45% of the affected population, are particularly vulnerable. To enable access to health care, WHO, with thanks to the Central Emergency Response Fund, supported the deployment of mobile clinics on relocation sites.

    In the Ségou region, three sites were set up and equipped with medical tents. Medical staff go there five times a month. Between July and October 2024, nearly 700 children suffering from malnutrition were identified in the three health districts of the Ségou region.

    Visit the WHO/Mali web page to read the full story in French.

    Effective community engagement saving lives in Tanzania during cholera outbreak

    Abdul Zachari, a young man is washing his hands. Photo by: WHO/Clemence Eliah

    The recurrence of Cholera outbreaks has been a threat to many lives in the United Republic of Tanzania for decades now. In mid-2024, situation reports from the Ministry of Health indicated that, the outbreak have been reported in 19 regions of Tanzania Mainland. Thanks to flexible funding available for responding to outbreaks such as this, WHO has been able to support the Government’s efforts to control cholera outbreaks. Risk Communications and Community Engagement (RCCE) Experts worked on the ground delivering an intensive community sensitization in over 92 households and 32 villages . The joint and community-based action plan against Cholera outbreak was built jointly, this way enhancing 54 community members and local authorities from the affected wards and districts. The community engagement strategies adopted generate local solutions tailored to control and prevent further transmissions in these areas. In addition, WHO applied behavioral science approaches to guide tailored interventions to community protection and resilience – and as a result, enhancing many lives in Tanzania.

    Visit the WHO/Tanzania web page to read the full story.

    * * * *

    Read more about the WHO’s community engagement work.

    The donors and partners acknowledged in this story are (in alphabetical order) Australia, Belgium, Canada, the European Union (ECHO), France, Germany, Ireland, Luxembourg, Japan, the United Kingdom of Great Britain and Northern Ireland, United Nations Central Emergency Response Fund, and the USA Agency for International Development.

    WHO’s work is made possible through all contributions of our Member States and partners. WHO thanks all donor countries, governments, organizations and individuals who are contributing to the Organization’s work, with special appreciation for those who provide fully flexible contributions to maintain a strong, independent WHO.

    MIL OSI United Nations News

  • MIL-OSI United Nations: 28 February 2025 News release Recommendations announced for influenza vaccine composition for the 2025-2026 northern hemisphere influenza season

    Source: World Health Organisation

    The World Health Organization (WHO) today announced the recommendations for the viral composition of influenza vaccines for the 2025-2026 influenza season in the northern hemisphere. The announcement was made at an information session at the end of a 4-day meeting on the Composition of Influenza Virus Vaccines, a meeting that is held twice annually. 

    WHO organizes these consultations with an advisory group of experts gathered from WHO Collaborating Centres and WHO Essential Regulatory Laboratories to analyse influenza virus surveillance data generated by the WHO Global Influenza Surveillance and Response System (GISRS). The recommendations issued are used by the national vaccine regulatory agencies and pharmaceutical companies to develop, produce, and license influenza vaccines for the following influenza season. 

    The periodic update of viruses contained in influenza vaccines is necessary for the vaccines to be effective due to the constant evolving nature of influenza viruses, including those circulating and infecting humans.

    The WHO recommends that trivalent vaccines for use in the 2025-2026 northern hemisphere influenza season contain the following: 

    Egg-based vaccines

    • an A/Victoria/4897/2022 (H1N1)pdm09-like virus;
    • an A/Croatia/10136RV/2023 (H3N2)-like virus; and
    • a B/Austria/1359417/2021 (B/Victoria lineage)-like virus.

    Cell culture-, recombinant protein- or nucleic acid-based vaccines

    • an A/Wisconsin/67/2022 (H1N1)pdm09-like virus;
    • an A/District of Columbia/27/2023 (H3N2)-like virus; and
    • a B/Austria/1359417/2021 (B/Victoria lineage)-like virus. 

    The recommendation for the B/Yamagata lineage component of quadrivalent influenza vaccines remains unchanged from previous recommendations:

    • a B/Phuket/3073/2013 (B/Yamagata lineage)-like virus.

    MIL OSI United Nations News

  • MIL-OSI: Boralex reports net earnings of $74 million for fiscal 2024 and continues construction of its large-scale projects in Québec, Ontario and the United Kingdom

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Feb. 28, 2025 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) is pleased to report its results for the three-month period and year ended December 31, 2024.

    Highlights
    Financial results

    • EBITDA(A)1, operating income and net earnings under pressure in Q4-2024 owing to adverse wind and hydropower conditions
      • Production 16% (11% on a Combined1 basis)2 lower than in Q4-2023 and 16% (12%) below anticipated production1, due primarily to the adverse climate conditions. For fiscal 2024 overall, production was 5% (2%) lower than in 2023 and 10% (8%) below anticipated production.
      • EBITDA(A) of $169 million ($191 million) for Q4-2024, down $33 million ($38 million) from Q4-2023. For fiscal 2024, EBITDA(A) was $581 million ($670 million), up $3 million (down $5 million) from 2023. The decrease in production was partly offset by the contribution of newly commissioned sites in France and the positive impact of the electricity selling price optimization strategy.
      • Operating income of $78 million ($53 million) for Q4-2024, down $20 million ($66 million) from Q4-2023. For fiscal 2024, operating income totalled $226 million ($267 million), unchanged (down $39 million) from 2023.
      • Net loss of $2 million in Q4-2024, down $60 million from T4-2023. For fiscal 2024, net earnings amounted to $74 million, $41 million lower than in 2023. Excluding the impairment of an asset, net earnings would have been $6 million higher in fiscal 2024 compared to fiscal 2023.
    • Lower cash flow related to operating activities for the quarter but balance sheet remains strong
      • Net cash flows related to operating activities of $31 million for Q4-2024 and $215 million for fiscal 2024, compared to $107 million for Q4-2023 and $496 million for fiscal 2023.
      • Discretionary cash flows1 of $47 million for Q4-2024 and $158 million for fiscal 2024, down $44 million from Q4-2023 and $26 million from fiscal 2023.
      • Boralex has $592 million in cash and cash equivalents and $523 million in available cash resources and authorized financing1 as at December 31, 2024.
      • A record of nearly $1.2 billion in project financing, bridge financing and letter of credit facilities obtained in 2024.

    Update on development and construction activities

    • Portfolio of projects under development and growth path totalling 8,005 MW in the high growth potential markets of Canada, the United States, the United Kingdom and France, 1,227 MW or 18% higher than in 2023
    • Progress in under-construction and ready-to-build projects
      • Start of electrification of the Limekiln wind farm in the United Kingdom (106 MW) in February 2025, with full commissioning planned for early April, and work continues on the Apuiat wind farm in Quebec (total 200 MW, Boralex’s share 100 MW), with commissioning planned for the first half of 2025.
      • Construction of the Hagersville (300 MW) and Tilbury (80 MW) storage projects in Ontario progressing on schedule, with commissioning planned for the fourth quarter of 2025. Financings closed in December 2024.
      • Start of work on the Des Neiges Sud wind project in Quebec (total 400 MW, Boralex’s share 133 MW), with commissioning scheduled for 2026.
    • Acquisition of the Clashindarroch Wind Farm Extension project in the United Kingdom, with an installed capacity of 145 MW, and the adjacent battery energy storage system (BESS) with a maximum capacity of 50 MW, for a total capacity of 195 MW. Boralex has a 50% interest, but has control over the project and will fully consolidate the results in the financial statements.
    1 EBITDA(A) is a total of segment measures. Anticipated production is an additional financial measure. “Combined,” “discretionary cash flows” and “available cash resources and authorized financing” are non-GAAP financial measures and do not have a standardized definition under IFRS. Consequently, these measures may not be comparable to similar measures used by other companies. For more details, see the Non-IFRS financial measures and other financial measures section of this press release.
    2 Figures in brackets indicate results on a Combined basis as opposed to a Consolidated basis.
       

    “The year 2024 proved to be full of challenges, which our employees met head-on. I would highlight in particular the significant effort our team invested in 2024 to secure nearly $1.2 billion in financing, a record for Boralex, on very good terms. Despite high volatility in the financial markets and pressure on the stock prices of renewable energy companies, notably in the wake of the American elections, we are convinced that renewable energy development will continue in many regions. Strong growth in electricity demand is expected in the regions where we are developing wind and solar farms and battery storage systems, namely Canada, the United Kingdom, the United States and France,” said Patrick Decostre, President and Chief Executive Officer of Boralex.

    Renewable energy, which is the most competitive type of energy, can be brought on line to meet demand much faster than other types of energy. Boralex is in a position to capitalize on its project pipeline and growth path, which now represent more than 8 GW of power, and will continue to develop key projects with rates of return in line with its targets.

    “Boralex saw its financial results decline in fiscal 2024, mainly as a result of adverse wind conditions in France and to a lesser extent in Canada, as well as impairment of an asset. During the year, we continued to implement our various initiatives aimed at optimizing administrative, financial and development costs. We ended our 2024 financial year with net earnings of $74 million, a strong balance sheet and good financial flexibility, with over $500 million in available cash resources and authorized financing,” Mr. Decostre added.

    Boralex continues to excel on the corporate social responsibility front. In 2024, the Corporation announced that it was one of the few in the industry to have had its greenhouse gas emission reduction targets validated by the Science Based Targets initiative (SBTi). This recognition shows Boralex’s commitment to achieving net zero emissions by 2050. In addition, Boralex ranked 94th out of the 215 S&P/TSX Composite Index companies and trusts analysed as part of The Board Games, with a score of 80/100, while in 2023 it was 102nd with a score of 76. Finally, Boralex placed 15th in the ranking of Canada’s 50 best corporate citizens, out of the 340 leading Canadian organizations analysed.

    4th quarter highlights

    Three-month periods ended December 31

      Consolidated Combined
    (in millions of Canadian dollars, unless otherwise specified)   2024     2023 Change   2024     2023 Change
            $   %           $   %  
    Power production (GWh)1   1,520     1,814   (294 ) (16 )   2,099     2,351   (252 ) (11 )
    Revenues from energy sales and feed-in premium   228     315   (87 ) (28 )   258     345   (87 ) (25 )
    Operating income   78     98   (20 ) (21 )   53     119   (66 ) (55 )
    EBITDA(A)   169     202   (33 ) (17 )   191     229   (38 ) (17 )
    Net earnings (loss)   (2 )   58   (60 ) >(100   (2 )   58   (60 ) >(100 )
    Net earnings (loss) attributable to shareholders of Boralex   (16 )   37   (53 ) >(100   (16 )   37   (53 ) >(100 )
    Per share – basic and diluted   ($0.15 ) $0.36   ($0.51 ) >(100   ($0.15 ) $0.36   ($0.51 ) >(100 )
    Net cash flows related to operating activities   31     107   (76 ) (71 )            
    Cash flows from operations2   105     161   (56 ) (35 )            
    Discretionary cash flows   47     91   (44 ) (48 )            
                                             

    In the fourth quarter of 2024, Boralex produced 1,520 GWh (2,099 GWh) of power, 16% (11%) less than the 1,814 GWh (2,351 GWh) produced in the same quarter of 2023. The decrease was mainly attributable to adverse weather conditions. As a result, Boralex ended the quarter with total production that was 16% (12%) below anticipated production.

    Revenues from energy sales and feed-in premiums for the three-month period ended December 31, 2024, amounted to $228 million ($258 million), 28% (25%) lower than in the fourth quarter of 2023. The decrease was mainly attributable to the lower production. EBITDA(A) amounted to $169 million ($191 million), down 17% (17%) from the fourth quarter of 2023. The decline in production was partly offset by the contribution of new assets commissioned in France and the positive impact of the electricity selling price optimization strategy. Operating income totalled $78 million ($53 million), compared to $98 million ($119 million) for the same quarter of 2023. The Company posted a net loss of $2 million, which represents a $60 million decrease from the $58 million in net earnings reported for the fourth quarter of 2023.

    1 Power production includes the production for which Boralex received financial compensation following power generation limitations as management uses this measure to evaluate the Corporation’s performance. This adjustment facilitates the correlation between power production and revenues from energy sales and feed-in premium.
    2 The cash flows from operations is a non-GAAP financial measure and does not have a standardized meaning under IFRS. Accordingly, it may not be comparable to similarly named measures used by other companies. For more details, see the Non-IFRS and other financial measures section of this press release.
       

    Years ended December 31

      Consolidated Combined

    (in millions of Canadian dollars, unless otherwise specified)

      2024   2023 Change   2024   2023 Change
            $   %           $   %  
    Power production (GWh)1   5,691   5,973   (282 ) (5 )   7,845   8,020   (175 ) (2 )
    Revenues from energy sales and feed-in premium   817   994   (177 ) (18 )   933   1,104   (171 ) (15 )
    Operating income   226   226         267   306   (39 ) (12 )
    EBITDA(A)   581   578   3       670   675   (5 ) (1 )
    Net earnings   74   115   (41 ) (35 )   74   115   (41 ) (35 )
    Net earnings attributable to shareholders of Boralex   36   78   (42 ) (54 )   36   78   (42 ) (54 )
    Per share – basic and diluted $0.35 $0.76 ($0.41 ) (54 ) $0.35 $0.76 ($0.41 ) (54 )
    Net cash flows related to operating activities   215   496   (281 ) (57 )          
    Cash flows from operations   415   445   (30 ) (7 )          
    Discretionary cash flows   158   184   (26 ) (14 )          
      As at
    Dec. 31
    As at
    Dec. 31
    Change As at
    Dec. 31
    As at
    Dec. 31
    Change
            $   %           $   %  
    Total assets   7,604   6,574   1,030   16     8,476   7,304   1,172   16  
    Debt – principal balance   4,032   3,327   705   21     4,588   3,764   824   22  
    Total project debt   3,608   2,844   764   27     4,166   3,281   885   27  
    Total corporate debt   424   483   (59 ) (12 )   424   483   (59 ) (12 )
                                         

    For the year ended December 31, 2024, Boralex produced 5,691 GWh (7,845 GWh) of power, less than the 5,973 GWh (8,020 GWh) produced during the same period in 2023. Revenues from energy sales and feed-in premiums for the financial year ended December 31, 2024, amounted to $817 million ($933 million), down $177 million ($171 million) or 18% (15%) from the same period in 2023.

    EBITDA(A) amounted to $581 million ($670 million), up $3 million (down $5 million) from the same period last year. Operating income totalled $226 million ($267 million), essentially unchanged (down $39 million) from the same period in 2023. Overall, Boralex posted net earnings of $74 million ($74 million) for the financial year ended December 31, 2024, compared to $115 million ($115 million) for fiscal 2023.

    1 Power production includes the production for which Boralex received financial compensation following power generation limitations imposed by its customers since management uses this measure to evaluate the Corporation’s performance. This adjustment facilitates the correlation between power production and revenues from energy sales and feed-in premiums.
       

    Outlook

    Boralex’s 2025 Strategic Plan is built around the same four strategic directions as the plan launched in 2019 – growth, diversification, customers and optimization – and six corporate targets. The details of the plan, which also sets out Boralex’s corporate social responsibility strategy, are found in the Corporation’s annual report. Highlights of the main achievements for the 2024 financial year in relation to the 2025 Strategic Plan can be found in the 2024 Annual Report, in the Investors section of the Boralex website.

    In the coming quarters, Boralex will continue to work on its various initiatives under the strategic plan, including project development, analysis of acquisition targets and optimization of power sales and operating costs. The Corporation will present a new plan for the period to 2030 during the course of 2025.

    Finally, to fuel its organic growth, the Corporation has a portfolio of projects under development and growth path based on clearly identified criteria, totalling more than 8 GW of wind, solar and energy storage projects.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. We are developing a portfolio of projects in development and construction of more than 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

    For more information, visit www.boralex.com or www.sedarplus.ca. Follow us on Facebook and LinkedIn.

    Non-IFRS measures
    Performance measures

    In order to assess the performance of its assets and reporting segments, Boralex uses performance measures. Management believes that these measures are widely accepted financial indicators used by investors to assess the operational performance of a company and its ability to generate cash through operations. The non-IFRS and other financial measures also provide investors with insight into the Corporation’s decision making as the Corporation uses these non-IFRS financial measures to make financial, strategic and operating decisions. The non-IFRS and other financial measures should not be considered as substitutes for IFRS measures.

    These non-IFRS and other financial measures are derived primarily from the audited consolidated financial statements, but do not have a standardized meaning under IFRS; accordingly, they may not be comparable to similarly named measures used by other companies. Non-IFRS and other financial measures are not audited. They have important limitations as analytical tools and investors are cautioned not to consider them in isolation or place undue reliance on ratios or percentages calculated using these non-IFRS financial measures.

    Non-IFRS financial measures
    Specific financial
    measure
    Use Composition Most directly
    comparable IFRS
    measure
    Financial data – Combined (all disclosed financial data) To assess the operating performance and the ability of a company to generate cash from its operations and investments in joint ventures and associates. Results from the combination of the financial information of Boralex Inc. under IFRS and the share of the financial information of the Interests.

    Interests in the Joint Ventures and associates, Share in earnings (losses) of the Joint Ventures and associates and Distributions received from the Joint Ventures and associates are then replaced with Boralex’s respective share in the financial statements of the Interests (revenues, expenses, assets, liabilities, etc.)

    Respective financial data – Consolidated
    Discretionary cash flows To assess the cash generated from operations and the amount available for future development or to be paid as dividends to common shareholders while preserving the long-term value of the business.

    Corporate objectives for 2025 from the strategic plan.

    Net cash flows related to operating activities before “change in non-cash items related to operating activities,” less
    (i) distributions paid to non-controlling shareholders;
    (ii) additions to property, plant and equipment (maintenance of operations);
    (iii) repayments on non-current debt (projects) and repayments to tax equity investors;
    (iv) principal payments related to lease liabilities;
    (v) adjustments for non-operational items; plus
    (vi) development costs (from the statement of earnings).
    Net cash flows related to operating activities
    Cash flows from operations To assess the cash generated by the Company’s operations and its ability to finance its expansion from these funds. Net cash flows related to operating activities before changes in non-cash items related to operating activities. Net cash flows related to operating activities
    Non-IFRS financial measures
    Specific financial
    measure
    Use Composition Most directly
    comparable IFRS
    measure
    Available cash and cash equivalents To assess the cash and cash equivalents available, as at balance sheet date, to fund the Corporation’s growth. Represents cash and cash equivalents, as stated on the balance sheet, from which known short-term cash requirements are excluded. Cash and cash equivalents
    Available cash resources and authorized financing To assess the total cash resources available, as at balance sheet date, to fund the Corporation’s growth. Results from the combination of credit facilities available to fund growth and the available cash and cash equivalents. Cash and cash equivalents
    Other financial measures – Total of segments measure
    Specific financial measure Most directly comparable IFRS measure
    EBITDA(A) Operating income
    Other financial measures – Supplementary Financial Measures
    Specific financial measure Composition
    Credit facilities available for growth The credit facilities available for growth include the unused tranche of the parent company’s credit facility, apart from the accordion clause, as well as the unused tranche credit facilities of subsidiaries which includes the unused tranche of the credit facility- France and the unused tranche of the construction facility.
    Anticipated production For older sites, anticipated production by the Corporation is based on adjusted historical averages, planned commissioning and shutdowns and, for all other sites, on the production studies carried out.
       

    Combined

    The following tables reconcile Consolidated financial data with data presented on a Combined basis:

        2024     2023  
    (in millions of Canadian dollars) Consolidated   Reconciliation(1)   Combined   Consolidated  Reconciliation(1) Combined  
    Three-month periods ended December 31:              
    Power production (GWh)(2) 1,520   579   2,099   1,814 537 2,351  
    Revenues from energy sales and feed-in premium 228   30   258   315 30 345  
    Operating income 78   (25 ) 53   98 21 119  
    EBITDA(A) 169   22   191   202 27 229  
    Net earnings (loss) (2 )   (2 ) 58 58  
    Years ended December 31:                    
    Power production (GWh)(2) 5,691   2,154   7,845   5,973 2,047 8,020  
    Revenues from energy sales and feed-in premiums 817   116   933   994 110 1,104  
    Operating income 226   41   267   226 80 306  
    EBITDA(A) 581   89   670   578 97 675  
    Net earnings 74     74   115 115  
      As at December 31, 2024
      As at December 31, 2023
     
    Total assets 7,604   872   8,476   6,574 730 7,304  
    Debt – Principal balance 4,032   556   4,588   3,327 437 3,764  
    (1) Includes the respective contribution of joint ventures and associates as a percentage of Boralex’s interest less adjustments to reverse recognition of these interests under IFRS. This contribution is attributable to the North America segment’s wind farms and includes corporate expenses of $2 million under EBITDA(A) for the year ended December 31, 2024 ($2 million as at December 31, 2023). 
    (2) Includes compensation following electricity production limitations.
       

    EBITDA(A)

    EBITDA(A) is a total of segment financial measures and represents earnings before interest, taxes, depreciation and amortization, adjusted to exclude other items such as acquisition and integration costs, other losses (gains), net loss (gain) on financial instruments and foreign exchange loss (gain), with the last two items included under Other.

    EBITDA(A) is used to assess the performance of the Corporation’s reporting segments.

    EBITDA(A) is reconciled to the most comparable IFRS measure, namely, operating income, in the following table:

      2024       2023   Change 2024 vs 2023
    (in millions of Canadian dollars) Consolidated Reconciliation(1) Combined Consolidated Reconciliation(1) Combined Consolidated   Combined
     
    Three-month periods ended December 31:            
    EBITDA(A) 169   22   191   202   27   229   (33 ) (38 )
    Amortization (73 ) (15 ) (88 ) (75 ) (14 ) (89 ) 2   1  
    Impairment   (47 ) (47 ) (20 ) (1 ) (21 ) 20   (26 )
    Other gains (losses) (3 )   (3 ) 1   (1 )   (4 ) (3 )
    Share in earnings of joint ventures and associates (3 ) 3     (17 ) 17     14    
    Change in fair value of a derivative included in the share in earnings of a joint venture       7   (7 )   (7 )  
    Impairment included in the share in earnings of a joint venture (12 ) 12           (12 )  
    Operating income 78   (25 ) 53   98   21   119   (20 ) (66 )
                 
    Years ended December 31:            
    EBITDA(A) 581   89   670   578   97   675   3   (5 )
    Amortization (297 ) (59 ) (356 ) (293 ) (58 ) (351 ) (4 ) (5 )
    Impairment (5 ) (47 ) (52 ) (20 ) (1 ) (21 ) 15   (31 )
    Other gains 5     5   1   2   3   4   2  
    Share in earnings of joint ventures and associates (46 ) 46     (59 ) 59     13    
    Change in fair value of a derivative included in the share in earnings of a joint venture       19   (19 )   (19 )  
    Impairment included in the share in earnings of a joint venture (12 ) 12           (12 )  
    Operating income 226   41   267   226   80   306     (39 )
    (1) Includes the respective contribution of joint ventures and associates as a percentage of Boralex’s interest less adjustments to reverse recognition of these interests under IFRS.
       

    Cash flow from operations and discretionary cash flows

    The Corporation computes the cash flow from operations and discretionary cash flows as follows:

      Consolidated
      Three-month periods ended Years ended
      December 31 December 31
    (in millions of Canadian dollars) 2024   2023   2024   2023  
    Net cash flows related to operating activities 31   107   215   496  
    Change in non-cash items relating to operating activities 74   54   200   (51 )
    Cash flows from operations 105   161   415   445  
    Repayments on non-current debt (projects)(1) (53 ) (50 ) (240 ) (232 )
    Adjustment for non-operating items(2) 5   2   7   6  
      57   113   182   219  
    Principal payments related to lease liabilities(3) (6 ) (4 ) (19 ) (17 )
    Distributions paid to non-controlling shareholders(4) (17 ) (33 ) (52 ) (57 )
    Additions to property, plant and equipment (maintenance of operations)(5) (3 ) 2   (10 ) (6 )
    Development costs (from statement of earnings)(6) 16   13   57   45  
    Discretionary cash flows 47   91   158   184  
    (1) Includes repayments on non-current debt (projects) and repayments to tax equity investors, and excludes VAT bridge financing, early debt repayments and repayments under the construction facility – Boralex Energy Investments portfolio and the CDPQ Fixed Income Inc. term loan.
    (2) For the years ended December 31, 2024 and December 31, 2023, favourable adjustment consisting mainly of acquisition, integration and other non-operating miscellaneous items.
    (3) Excludes the principal payments related to lease liabilities for projects under development and construction.
    (4) Comprises distributions paid to non-controlling shareholders as well as the portion of discretionary cash flows attributable to the non-controlling shareholder of Boralex Europe Sàrl.
    (5) Excludes the additions to the property, plant and equipment of regulated assets (treated as assets under construction since they are regulated assets for which investments in the plant are considered in the setting of its electricity selling price). During the fourth quarter of 2023, an amount of $4 million was reclassified as new property, plant, and equipment under construction.
    (6) During Q1-2024, the Corporation reclassified the employee benefits for 2023 and 2024 related to its incentive plans, which were reported in full under Operating expenses in the consolidated statements of earnings. To better allocate these expenses to the Corporation’s various functions and thus provide more relevant information to users of the financial statements, the Corporation is now allocating these costs to Operating, Administrative and Development expenses in the consolidated statements of earnings according to the breakdown of staff. This change resulted in a $1 million increase in development costs for the three-month period ended December 31, 2023 and $5 million increase for the year ended December 31, 2023.
       

    Available cash and cash equivalents and available cash resources and authorized financing

    The Corporation defines available cash and cash equivalents as well as available cash resources and authorized financing as follows:

      Consolidated
      As at December 31   As at December 31  
    (in millions of Canadian dollars) 2024   2023  
    Cash and cash equivalents 592   478  
    Cash and cash equivalents held by entities subject to project debt agreement and restrictions(1) (526 ) (388 )
    Bank overdraft (5 ) (6 )
    Available cash and cash equivalents 61   84  
    Credit facilities available for growth 462   463  
    Available cash resources and authorized financing 523   547  
    (1) This cash can be used for the operations of the respective projects, but is subject to restrictions for non-project related purposes under the credit agreements.
       

    Disclaimer regarding forward-looking statements

    Certain statements contained in this release, including those related to results and performance for future periods, installed capacity targets, EBITDA(A) and discretionary cash flows, the Corporation’s strategic plan, business model and growth strategy, organic growth and growth through mergers and acquisitions, obtaining an investment grade credit rating, payment of a quarterly dividend, the Corporation’s financial targets, the projects commissioning dates, the portfolio of renewable energy projects, the Corporation’s Growth Path, the bids for new storage and solar projects and its Corporate Social Responsibility (CSR) objectives are forward-looking statements based on current forecasts, as defined by securities legislation. Positive or negative verbs such as “will,” “would,” “forecast,” “anticipate,” “expect,” “plan,” “project,” “continue,” “intend,” “assess,” “estimate” or “believe,” or expressions such as “toward,” “about,” “approximately,” “to be of the opinion,” “potential” or similar words or the negative thereof or other comparable terminology, are used to identify such statements.

    Forward-looking statements are based on major assumptions, including those about the Corporation’s return on its projects, as projected by management with respect to wind and other factors, opportunities that may be available in the various sectors targeted for growth or diversification, assumptions made about EBITDA(A) margins, assumptions made about the sector realities and general economic conditions, competition, exchange rates as well as the availability of funding and partners. While the Corporation considers these factors and assumptions to be reasonable, based on the information currently available to the Corporation, they may prove to be inaccurate.

    Boralex wishes to clarify that, by their very nature, forward-looking statements involve risks and uncertainties, and that its results, or the measures it adopts, could be significantly different from those indicated or underlying those statements, or could affect the degree to which a given forward-looking statement is achieved. The main factors that may result in any significant discrepancy between the Corporation’s actual results and the forward-looking financial information or expectations expressed in forward-looking statements include the general impact of economic conditions, fluctuations in various currencies, fluctuations in energy prices, the risk of not renewing PPAs or being unable to sign new corporate PPA, the risk of not being able to capture the US or Canadian investment tax credit, counterparty risk, the Corporation’s financing capacity, cybersecurity risks, competition, changes in general market conditions, industry regulations and amendments thereto, particularly the legislation, regulations and emergency measures that could be implemented for time to time to address high energy prices in Europe, litigation and other regulatory issues related to projects in operation or under development, as well as certain other factors considered in the sections dealing with risk factors and uncertainties appearing in Boralex’s MD&A for the fiscal year ended December 31, 2024.

    Unless otherwise specified by the Corporation, forward-looking statements do not take into account the effect that transactions, non-recurring items or other exceptional items announced or occurring after such statements have been made may have on the Corporation’s activities. There is no guarantee that the results, performance or accomplishments, as expressed or implied in the forward-looking statements, will materialize. Readers are therefore urged not to rely unduly on these forward-looking statements.

    Unless required by applicable securities legislation, Boralex’s management assumes no obligation to update or revise forward- looking statements in light of new information, future events or other changes.

    For more information:

    The MIL Network

  • MIL-OSI: Boralex Launches Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Feb. 28, 2025 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) today announced that it has authorized, and the Toronto Stock Exchange (the “TSX”) has approved, a normal course issuer bid (the “NCIB”) to purchase for cancellation up to 8,669,245 Class A shares of Boralex (the “Common Shares”) over the twelve-month period commencing on March 4, 2025, and ending no later than March 3, 2026, representing approximately 10% of the “public float” (as defined in the TSX Company Manual) of the Common Shares issued and outstanding as at February 19, 2025. As of such date, there were 102,766,580 Common Shares issued and outstanding. Subject to the required regulatory approvals, the NCIB will be conducted through the facilities of the TSX or alternative trading systems in Canada, if eligible, or outside the facilities of the TSX pursuant to exemption orders issued by securities regulatory authorities. Common Shares will be acquired under the NCIB at the prevailing market price at the time of acquisition, plus brokerage fees, except that any purchases made under an issuer bid exemption order will be at a discount to the prevailing market price as per the terms of the order. Any Common Share purchased under the NCIB will be canceled.

    Under the NCIB, other than purchases made under block purchase exemptions, Boralex will be allowed, subject to applicable securities laws, to purchase daily a maximum of 72,088 Common Shares representing 25% of the average daily trading volume of 288,355 Common Shares, as calculated per the TSX rules for the six-month period ended on January 31, 2025.

    In connection with the NCIB, Boralex will also enter into an automatic share purchase plan (“ASPP”) on the date hereof with the designated broker responsible for the NCIB. The ASPP will allow for the purchase for cancellation of Common Shares under the NCIB, subject to certain trading parameters, by the designated broker at times when Boralex would ordinarily not be permitted to purchase its securities due to regulatory restrictions and customary self-imposed blackout periods. Pursuant to the ASPP, before entering into a blackout period, Boralex may, but is not required to, instruct the designated broker to make purchases under the NCIB in accordance with certain purchasing parameters. Such purchases will be made by the designated broker based on such purchasing parameters, without further instructions by Boralex, in compliance with the rules of the TSX, applicable securities laws and the terms of the ASPP.

    Boralex believes that its Common Shares are trading from time to time at levels generally below the underlying value of the Company’s business and that the introduction of an NCIB will provide an additional tool to optimize its use of funds and create long-term value for its shareholders. This program will provide greater flexibility to carry on Boralex financial strategy without altering investments planned to seize development opportunities. Furthermore, the purchases are expected to benefit all persons who continue to hold Boralex Common Shares by increasing their equity interest in Boralex when such repurchased Common Shares are canceled.

    The decisions regarding the timing and size of purchases under the NCIB are subject to management’s discretion and will be based on various factors, including the Company’s capital and liquidity positions, accounting and regulatory considerations, the Company’s financial and operational performance, alternative uses of capital, the trading price of the Common Shares and general market conditions. The NCIB does not obligate Boralex to acquire a specific dollar amount or number of shares and may be modified or discontinued at any time. Boralex has not repurchased any of its outstanding Common Shares under a normal course issuer bid in the past 12 months.

    Caution Regarding Forward-Looking Statements

    Some of the statements contained in this press release, including, without limitation, those regarding the NCIB and ASPP and the intended purchase for cancellation of Common Shares thereunder, are forward-looking statements based on current expectations, within the meaning of securities legislation. Boralex would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements or could have an impact on the degree of realization of a particular forward-looking statement. Unless otherwise specified by the Company, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements. Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events, or other changes.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. We are developing a portfolio of projects in development and construction of more than 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook and LinkedIn.

    For more information

    Source: Boralex inc.        

    The MIL Network

  • MIL-OSI United Kingdom: Donald Trump should not be welcome in Scotland

    Source: Scottish Greens

    We must recognise the threat he poses to global security, democracy and our climate.

    Donald Trump does not deserve a warm welcome and must be met with protest on his visit to Scotland, say the Scottish Greens. 

    The US President has been invited to meet with King Charles in Scotland to discuss their “mutual interests” and plan a second state visit.

    Scottish Greens co-leader Patrick Harvie MSP said:

    “In the short time since Donald Trump has re-entered the White House he has unleashed some of the most destructive policies of any US President in living memory. 

    “Despite Keir Starmer’s sickening deference to him, Trump is not a friendly leader and should not be treated as if he was. He is a dangerous, fraudulent, misogynistic, racist, climate-change denier, and one who openly opposes democratic values.

    “During his first Presidency he repeatedly promoted the work of fascists, and in recent weeks high profile members of his government have been openly advancing the interests of far right parties in Europe, interfering in our domestic politics in a way that would once have sparked global outrage. It was only two weeks ago that his Vice President was spreading misinformation about abortion rights in Scotland to a global audience.

    “The threat Trump represents to global security, to democracy, to human rights and to our climate could not be clearer. To offer him such a warm welcome and the trappings of a state visit is a slap in the face to the millions of people across the US and beyond who are frightened for their friends and family who are having their rights eroded or removed.

    “The UK Labour Government is utterly failing to recognise the threat he poses and the urgent strategic choice this country faces. Either we stand reunited with democratic Europe, or we assist Trump in ushering in a frightening new era, one where international law is replaced by the whim of tyrants and their billionaire backers.”

    Mr Harvie added:

    “I have no doubt that Donald Trump’s visit will be met with protests and a great deal of anger. 

    “Only this week the First Minister was calling for a united front against the far right. That must also mean standing up to Donald Trump and the toxic and hateful politics that he represents.”

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: HKETO, Brussels celebrates Chinese New Year across Europe and highlights Hong Kong’s exciting year ahead (with photos)

    Source: Hong Kong Government special administrative region

         The Hong Kong Economic and Trade Office in Brussels (HKETO, Brussels) hosted vibrant Chinese New Year receptions across various European countries, marking the beginning of the Year of the Snake. The receptions, held in Luxembourg (February 12), Lisbon, Portugal (February 17), The Hague, the Netherlands (February 20), and Bucharest, Romania (February 25), were well-received by distinguished guests and partners.

         The receptions provided an opportunity to reflect on Hong Kong’s achievements and share the city’s vision. HKETO, Brussels emphasised Hong Kong’s dynamic calendar of world-class events that solidify its reputation as “Events Capital of Asia”.  Stepping into 2025 with great dynamism and enthusiasm, Hong Kong is set to host an array of high-profile events spanning business, sports, arts, and culture. “Hong Kong is entering the new year with energy and glamour, full of exciting events that highlight our dynamic cosmopolitan spirit,” stated the Special Representative for Hong Kong Economic and Trade Affairs to the European Union, Ms Shirley Yung.

         In 2024, Hong Kong recorded 45 million international arrivals, nearly 10 000 foreign and Mainland companies, 2 700 family offices and 4 700 start-ups, demonstrating that Hong Kong remains a magnet for visitors and businesses alike. Hong Kong is poised for further success with upcoming initiatives, such as a lowered liquor tax, to enhance its appeal to international visitors and fulfil its role as the international financial, trade and shipping centre.

         “Hong Kong’s distinct advantages were recognised in the latest international rankings,” Ms Yung said during the receptions, noting that Hong Kong is ranked among the world’s top three international financial centres, the freest economy in the world, and among the top five in global competitiveness. Ms Yung elaborated that global investors continue to have confidence in Hong Kong, as evidenced by the continuous inflow of funds and growth in bank deposits. The asset and wealth management sector in Hong Kong is also handling over US$4 trillion, representing more than a 30 per cent increase in six years.

         HKETO, Brussels also highlighted Hong Kong as a hub for international cultural exchange, where East meets West. In Lisbon, guests experienced a unique cultural fusion centred on ballet that blends classical technique with contemporary sensibility, performed by Lam Chun-wing, a well-known Hong Kong-born ballet dancer, and an original transcription of Debussy’s “Prélude” for piano solo by the renowned French pianist Alexandre Tharaud. The performance was accompanied by breathtaking video projections specifically produced for the occasion, showcasing Hong Kong’s lesser-known natural landscapes and revealing a side of Hong Kong far removed from its urban reputation as a bustling financial hub of skyscrapers and dense modernity.

         In The Hague, an ensemble of talented Hong Kong musicians presented a vibrant mix of popular cantopop songs and moving opera arias. The outstanding performance by the soprano and tenor singers, accompanied by keyboard, won enthusiastic applause from the audience.

         The receptions in Luxembourg, Lisbon, The Hague and Bucharest brought together 700 guests, including officials from national governments, consulates and embassies, financial and business sectors, academia, cultural and creative sectors, media and the Chinese community. They were co-organised with Invest Hong Kong and the Hong Kong Trade Development Council; the Luxembourg Chamber of Commence and the China-Luxembourg Chamber of Commercefor the reception in Luxembourg, the Netherlands Hong Kong Business Association for the reception in The Hague, with the support of The Portugal-Hong Kong Chamber of Commerce and Industry for the reception in Lisbon, and the National Confederation for Female Entrepreneurship for the reception in Bucharest.                                          

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Unified Payments Interface (UPI) provides an opportunity to other countries to learn from the Indian experience – Professor Carlos Montes, Cambridge Business School

    Source: Government of India

    Unified Payments Interface (UPI) provides an opportunity to other countries to learn from the Indian experience – Professor Carlos Montes, Cambridge Business School

    UPI transactions in month of January, 2025 surpassed 16.99 billion and the value exceeded ₹‎23.48 lakh crore, marking the highest number recorded in any month

    Posted On: 27 FEB 2025 11:01PM by PIB Delhi

    Prof. Carlos Montes, who is on a tour to India for attending and speaking at the NXT event at the Bharat Mandapam tomorrow, was briefed about the working and achievements of UPI system, today.

    Prof. Carlos leads the Innovation Hub for Prosperity at the Cambridge University Business School.

    A presentation on UPI was given by the DFS and NPCI Team to Prof. Carlos Montes about the functioning,  success and trends of UPI in India. In the briefing, senior officers  from the Department of Financial Services (DFS),  M/o Finance including Shri  Sudhir Shyam    (Economic Adviser) and Shri  Jignesh Solanki (Director)  were present among  others.

    Unified Payments Interface (UPI) provides an opportunity to other countries to learn from the Indian experience and get ideas on how to adopt it in their own countries, said Professor Carlos Montes, Lead Innovation Hub, University of Cambridge Business School 

    For the first time, UPI transactions in the month of January, 2025 surpassed 16.99 billion and the value exceeded ₹‎23.48 lakh crore marking the highest number recorded in any month.

    After the demonstration, Prof. Montes said that he was glad to see the success of the UPI payment system. The growth of UPI shows that the government is making sure that the technology that they develop is user friendly for citizens, and that there is a regular and constant innovation in the same which explains the high adoption rate of UPI in India, Prof. Montes added. He further said that it  also has potential for other countries to learn from the experience and get ideas on how to adopt it in their own countries.

    For FY 2023-24, the digital payments landscape has demonstrated remarkable expansion. UPI remains the cornerstone of India’s digital payment ecosystem contributing to 80% of the retail payments across the country. The total transaction volume exceeded 131 billion and the value exceeded 200 lakh crore for the FY 2023-24. Its ease of use, combined with a growing network of participating banks and fintech platforms, has made UPI the preferred mode of real-time payments for millions of users across the country.

    As of Jan, 2025, 80+ UPI Apps , 641 banks  are currently live on UPI ecosystem. In FY 24-25 (till Jan, 2025), the P2M transactions contribute 62.35% and P2P transactions contribute 37.65% of the overall UPI volume. The contribution of P2M transactions reached 62.35% in Jan, 2025 where 86% of these transactions are upto a value of INR 500. This indicates the trust that UPI enjoys among citizens for making low value payments.

    UPI: Transactions (by Volume in mn) for Jan’2025

     

     

    UPI Global Expansion:

    Shri Sudhir Shyam, Economic Adviser at Department of Financial Services (DFS) said that India’s digital payments revolution is extending beyond its borders. UPI is rapidly expanding globally, enabling seamless cross-border transactions for Indians traveling abroad. Currently, UPI is live in over 7 countries, including key markets such as [UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius], allowing Indians to make payments internationally. This expansion will further bolster remittance flows, improve financial inclusion, and elevate India’s stature in the global financial landscape.

    Sh. Sundar also said that some other countries have also shown interest in UPI.

    Demonstration of UPI

    Sh. Jignesh Solanki added that while volume of total online transactions have increased massively over the years, the share is taken by UPI mainly due to ease and low cost of the transactions. Government is focussed on bringing new innovations that will help UPI expand in uncovered areas as well.

    The session ended with a small demonstration of working of UPI to the delegation as well.

    ******

    NB/AD

    (Release ID: 2106794) Visitor Counter : 23

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: The Councils ongoing commitment to securing and preserving heritage buildings

    Source: City of Preston

    In recent months, Preston City Council has identified numerous empty buildings within the city centre where community safety, preventing anti-social behaviour and/or preserving their heritage value needs to be addressed.

    Most of these buildings are in private ownership and so the Council has established a task group to oversee and co-ordinate action. This includes a range of departments from the Council and representatives from the Police and Fire Service.

    A liaison group with representatives from Preserving Preston’s Heritage has also been set up.

    The Council has taken steps to obtain ownership details and make contact with owners to draw attention to the risk to their property.

    Owners of the priority buildings have been invited to meet with the task group, but so far only two have replied.

    Furthermore, for certain listed buildings identified which are showing the most deterioration, it has been necessary for the Council to assess the risk to understand the extent of deterioration and damage, assess the scope of works needed to remedy it, decide whether statutory action is warranted and what type of action is appropriate.  

    Councillor Amber Afzal, Cabinet Member for Planning and Regulation at Preston City Council said:

    By adopting a joined up, multi-agency approach to tackling the complex issues that have blighted these properties through years of neglect, good progress is now being made. Public safety is our main concern but it is critical that also, wherever possible, we retain our heritage buildings that are so important to Preston’s history and give the city its unique cultural identity.

    Councillor Valerie Wise, Cabinet Member for Community Wealth Building and the City Regeneration portfolio at Preston City Council is also keen to see a brighter future for these neglected buildings. She said:

    Repurposing and bringing back to life these forgotten and unloved architectural gems, many of which are listed, is so important in the overall regeneration plans for the city.

    We will continue to work closely with the owners and landlords of these special interest properties to rejuvenate the city centre in the best possible way for future economic growth and architectural benefit.

    An update on the most significant cases is provided as follows:

    27 Winckley Square (former home of Edith Rigby) – Grade II listed building

    The Council has taken action and been engaging with the owners for some time in connection with community safety, preventing anti-social behaviour and/or preserving the heritage value of the building.

    Certain steps have been taken by the owners, but the Council are of the view that further work is necessary.

    The Council has previously instructed a survey of the building to assess its condition, which identified numerous concerns. Due to the condition of the building, it was not possible to complete the survey of the inside of the building.

    In December 2024 measures were taken by the owner to provide structural support to allow an internal survey to be carried out.

    The internal survey was carried out this week (week commencing 24 February), which will enable the Council to determine the scope of works necessary to remedy the deterioration and whether statutory action is warranted.

    This will be communicated to the owner in the first instance.

    The Council is aware the rooflight is open to the elements and the owner has confirmed that temporary measures will be taken to weatherproof the rooflight. This is an appropriate course of action until the scope of necessary repair works, which will include this, is determined.    

    The Old Dog Inn – Grade II listed building

    The Council has drawn the owner’s attention to the rear wall, which contains numerous cracks, some of which are significant in size and if not addressed could lead to an uncontrolled collapse.

    In an attempt to address the deterioration, the owner submitted a listed building consent application proposing to demolish and rebuild the rear wall. This was carefully assessed and following the submission of further information concerning the methodology of the work, listed building consent was granted in February 2025.

    The listed building consent was accompanied with a letter informing the owner that given the condition of the rear wall had worsened and to prevent an uncontrolled collapse of the rear wall, the Council is actively considering the use of statutory enforcement powers to execute works urgently necessary for the preservation of the building.

    To that end, the Council instructed a survey of the building, which has been carried out, to inform the owner of what steps are needed to prevent an uncontrolled collapse.

    The owner is fully aware that unless the necessary works are completed within an appropriate timeframe then the works could be carried out by the Council in default.  

    St. Joseph’s Orphanage, Mount Street – complex of Grade II listed buildings

    Planning permission and listed building consent were both granted in February 2021 for alterations to the Chapel and attached tower, demolition of five listed buildings and the erection of three apartment blocks and ten town houses.

    Three out of the five buildings have been demolished. One building, adjoining the tower, has been partially demolished.

    The other building adjacent to Mount Street was the subject of a fire in November 2024. The fire has left this building unsafe and dangerous, and Mount Street was closed as a result until the building is demolished to protect the public.

    The delays in the demolition have largely been due to satisfying the Health and Safety Executive that the demolition methodology satisfactorily addressed the removal of asbestos and the safety of the building and those adjoining, the demolition contractors and members of the public.

    Ground works commenced this week, and the demolition will start on 03 March 2025, and it is expected to be completed in 12-weeks.

    Harris Institute, Grade II* listed building

    The Council has taken action and is engaging with the owner in connection the deterioration of the building and its future preservation.

    Certain steps have been taken by the owner, which include remediation works to the party wall, repairing the roof and addressing the water ingress, and eradicating dry rot, the latter takes time to treat and remove.

    Planning permission and listed building consent were both granted in December 2024 for minor alterations, several community and office uses, and holiday lets within Regent House.

    The owner has responded positively and has recently met with the Council to provide an update on the future of the building.

    The approved scheme for the building will be delivered in phases, with the holiday lets opening first before the rest of the scheme is delivered.

    Additional Information

    • Grade II* listed – This has greater importance as a heritage asset.

    Preston City Council actively applies and prioritises the principles of Community Wealth Building wherever applicable and appropriate.

    Community Wealth Building is an approach which aims to ensure the economic system builds wealth and prosperity for everyone.

    MIL OSI United Kingdom