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Category: European Union

  • MIL-OSI: Intapp opens Lisbon Research and Development Centre

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms today announced that it has opened a new office in Lisbon, Portugal. The Lisbon Research and Development (R&D) Centre will be an innovation hub for the Intapp R&D team based in western Europe. There they will help develop the Intapp vertical AI solutions that top global accounting, consulting, investment banking, legal, private capital, and real assets firms rely on for modernization and growth.

    “We’re excited to open the Lisbon R&D Centre,” said Michele Murgel, Chief People and Places Officer at Intapp. “Our first priority is to build a world-class team that will develop new solutions that bring the power of automation and intelligence to professional and financial services firms. Lisbon’s tech ecosystem — including top engineering and tech talent –– along with its reputation for innovation and a vibrant community — make it the perfect location for our innovation hub.”

    Intapp has more than 10 professionals already working in Portugal, and is currently recruiting for 15 additional roles. Many of these roles will focus on R&D, including front- and back-end developers, quality assurance specialists, application security professionals, and DevOps engineers. Support, services, and operational roles are also open.

    Intapp’s Lisbon R&D Centre will also offer an internship program in 2025 to provide engineering and computer science students with hands-on project experience, and to develop a pipeline of entry-level talent.

    “We’re thrilled to launch our internship program at Intapp’s Lisbon R&D Centre. It provides a unique opportunity for talented students to gain hands-on experience with the latest technology,” said Hugo Sampaio, Director of Product Development Operations and Strategy at Intapp. “This program allows us to mentor the next generation of innovators while benefiting from fresh perspectives that drive creativity and enhance our AI-powered solutions.”

    “We are delighted with Intapp’s decision to locate its new R&D Centre in Lisbon. This new venture reflects confidence in Portugal and exemplifies the type of projects AICEP aims to attract — ventures that add value to our economy and leverage the exceptional quality of local talent,” said Ricardo Arroja, Chairman & CEO of AICEP – Portugal Trade & Invest. “In Lisbon, Intapp will find a local vibrant and multicultural ecosystem, where talent plays a strategic role in the success of ventures such as the new R&D Centre. We are confident that the services and products developed locally will have a global impact and contribute to further develop Intapp’s product portfolio. We wish all the best to Intapp’s Lisbon R&D Centre. Bem-vindos!”

    Intapp’s Lisbon R&D Centre is located in Parque das Nações, a vibrant area in the heart of Lisbon’s tech corridor. Intapp chose Parque das Nações for its blend of modern infrastructure, accessibility, and technological innovation. Well located near Oriente Station, and surrounded by green spaces and a scenic riverside promenade, the area offers a perfect balance of convenience and leisure.

    As a hub for tech companies and startups, Parque das Nações fosters a dynamic professional community, making it an ideal location for Intapp. The office’s open-concept design encourages collaboration, while modern meeting rooms and workspaces — equipped with advanced technology and ergonomic standing desks — reflect Intapp’s commitment to innovation and employee well-being.

    Since going public in 2021, Intapp has expanded to over 1,200 employees globally across North America, Europe, and Asia Pacific. Intapp’s culture emphasizes accountability, responsibility, and growth in a diverse, inclusive, and collaborative environment. Team members support each other in a positive, open atmosphere that fosters creativity, approachability, and teamwork. The company is committed to creating a modern work environment that’s connected yet flexible, supporting both professional success and work-life balance.

    About Intapp 
    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth. For more information, visit intapp.com and LinkedIn.

    Contact:
    Ali Robinson
    Global Media Relations Director
    press@intapp.com

    The MIL Network –

  • MIL-Evening Report: Chris Hedges: The US empire self-destructs

    Report by Dr David Robie – Café Pacific. –

    The United States shares the pathologies of all dying empires with their mixture of buffoonery, rampant corruption, military fiascos, economic collapse and savage state repression.

    ANALYSIS: By Chris Hedges

    The billionaires, Christian fascists, grifters, psychopaths, imbeciles, narcissists and deviants who have seized control of Congress, the White House and the courts, are cannibalising the machinery of state. These self-inflicted wounds, characteristic of all late empires, will cripple and destroy the tentacles of power. And then, like a house of cards, the empire will collapse.

    Blinded by hubris, unable to fathom the empire’s diminishing power, the mandarins in the Trump administration have retreated into a fantasy world where hard and unpleasant facts no longer intrude. They sputter incoherent absurdities while they usurp the Constitution and replace diplomacy, multilateralism and politics with threats and loyalty oaths.

    Agencies and departments, created and funded by acts of Congress, are going up in smoke.

    The rulers of all late empires, including the Roman emperors Caligula and Nero or Charles I, the last Habsburg ruler, are as incoherent as the Mad Hatter, uttering nonsensical remarks, posing unanswerable riddles and reciting word salads of inanities. They, like Donald Trump, are a reflection of the moral, intellectual and physical rot that plague a diseased society. Cartoon: Mr Fish/The Chris Hedges Report

    They are removing government reports and data on climate change and withdrawing
    from the Paris Climate Agreement,. They are pulling out of the World Health Organisation.

    They are sanctioning officials who work at the International Criminal Court — which issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former defence minister Yoav Gallant over war crimes in Gaza.

    They suggested Canada become the 51st state. They have formed a task force to “eradicate anti-Christian bias.” They call for the annexation of Greenland and the seizure of the Panama Canal.

    They propose the construction of luxury resorts on the coast of a depopulated Gaza under US control which, if it takes place, would bring down the Arab regimes propped up by the US.

    Uttering nonsensical remarks
    The rulers of all late empires, including the Roman emperors Caligula and Nero or Charles I, the last Habsburg ruler, are as incoherent as the Mad Hatter, uttering nonsensical remarks, posing unanswerable riddles and reciting word salads of inanities. They, like Donald Trump, are a reflection of the moral, intellectual and physical rot that plague a diseased society.

    I spent two years researching and writing about the warped ideologues of those who have now seized power in my book American Fascists: The Christian Right and the War on America. Read it while you still can. Seriously.

    These Christian fascists, who define the core ideology of the Trump administration, are unapologetic about their hatred for pluralistic, secular democracies. They seek, as they exhaustively detail in numerous “Christian” books and documents such as the Heritage Foundation’s Project 2025, to deform the judiciary and legislative branches of government, along with the media and academia, into appendages to a “Christianised” state led by a divinely anointed leader.

    They openly admire Nazi apologists such as Rousas John Rushdoony, a supporter of eugenics who argues that education and social welfare should be handed over to the churches and Biblical law must replace the secular legal code, and Nazi party theorists such as Carl Schmitt.

    They are avowed racists, misogynists and homophobes. They embrace bizarre conspiracy theories from the white replacement theory to a shadowy monster they call “the woke.” Suffice it to say, they are not grounded in a reality based universe.

    Christian fascists come out of a theocratic sect called Dominionism. This sect teaches that American Christians have been mandated to make America a Christian state and an agent of God. Political and intellectual opponents of this militant Biblicalism are condemned as agents of Satan.

    “Under Christian dominion, America will no longer be a sinful and fallen nation but one in which the 10 Commandments form the basis of our legal system, creationism and ‘Christian values’ form the basis of our educational system, and the media and the government proclaim the Good News to one and all,” I noted in my book.

    “Labour unions, civil-rights laws and public schools will be abolished. Women will be removed from the workforce to stay at home, and all those deemed insufficiently Christian will be denied citizenship. Aside from its proselytising mandate, the federal government will be reduced to the protection of property rights and ‘homeland’ security.”


    Chris Hedges talks to Marc Lamont Hill on Up Front on why “democracy doesn’t exist in the United States” today.   Video: Al Jazeera

    Comforting to most Americans
    The Christian fascists and their billionaire funders, I noted, “speak in terms and phrases that are familiar and comforting to most Americans, but they no longer use words to mean what they meant in the past.”

    They commit logocide, killing old definitions and replacing them with new ones. Words — including truth, wisdom, death, liberty, life and love — are deconstructed and assigned diametrically opposed meanings.Life and death, for example, mean life in Christ or death to Christ, a signal of belief of unbelief. Wisdom refers to the level of commitment and obedience to the doctrine.

    Liberty is not about freedom, but the liberty that comes from following Jesus Christ and being liberated from the dictates of secularism. Love is twisted to mean an unquestioned obedience to those, such as Trump, who claim to speak and act for God.As the death spiral accelerates, phantom enemies, domestic and foreign, will be blamed for the demise, persecuted and slated for obliteration.

    Once the wreckage is complete, ensuring the immiseration of the citizenry, a breakdown in public services and engendering an inchoate rage, only the blunt instrument of state violence will remain. A lot of people will suffer, especially as the climate crisis inflicts with greater and greater intensity its lethal retribution.

    The near-collapse of our constitutional system of checks and balances took place long before the arrival of Trump. Trump’s return to power represents the death rattle of the Pax Americana. The day is not far off when, like the Roman Senate in 27 BC, Congress will take its last significant vote and surrender power to a dictator. The Democratic Party, whose strategy seems to be to do nothing and hope Trump implodes, have already acquiesced to the inevitable.

    The question is not whether we go down, but how many millions of innocents we will take with us. Given the industrial violence our empire wields, it could be a lot, especially if those in charge decide to reach for the nukes.

    The dismantling of the US Agency for International Development (USAID) — Elon Musk claims is run by “a viper’s nest of radical-left marxists who hate America” — is an example of how these arsonists are clueless about how empires function.

    Foreign aid is not benevolent. It is weaponised to maintain primacy over the United Nations and remove governments the empire deems hostile. Those nations in the UN and other multilateral organisations who vote the way the empire demands, who surrender their sovereignty to global corporations and the US military, receive assistance. Those who don’t do not.

    Building infrastructure projects
    When the US offered to build the airport in Haiti’s capital Port-au-Prince, investigative journalist Matt Kennard reports, it required that Haiti oppose Cuba’s admittance into the Organisation of American States, which it did.

    Foreign aid builds infrastructure projects so corporations can operate global sweatshops and extract resources. It funds “democracy promotion” and “judicial reform” that thwart the aspirations of political leaders and governments that seek to remain independent from the grip of the empire.

    USAID, for example, paid for a “political party reform project” that was designed
    “as a counterweight” to the “radical” Movement Toward Socialism (Movimiento al Socialismo) and sought to prevent socialists like Evo Morales from being elected in Bolivia. It then funded organisations and initiatives, including training programmes so Bolivian youth could be taught the American business practices, once Morales assumed the presidency, to weaken his hold on power.

    Kennard in his book, The Racket: A Rogue Reporter vs The American Empire, documents
    how US institutions such as the National Endowment for Democracy, the World Bank, the International Monetary Fund, the Inter-American Development Bank, USAID and the Drug Enforcement Administration, work in tandem with the Pentagon and Central Intelligence Agency to subjugate and oppress the Global South.

    Client states that receive aid must break unions, impose austerity measures, keep wages low and maintain puppet governments. The heavily funded aid programmes, designed to bring down Morales, eventually led the Bolivian president to throw USAID out of the country.

    The lie peddled to the public is that this aid benefits both the needy overseas and us at home. But the inequality these programmes facilitate abroad replicates the inequality imposed domestically. The wealth extracted from the Global South is not equitably distributed. It ends up in the hands of the billionaire class, often stashed in overseas bank accounts to avoid taxation.

    Our US tax dollars, meanwhile, disproportionately funds the military, which is the iron fist that sustains the system of exploitation. The 30 million Americans who were victims of mass layoffs and deindustrialisation lost their jobs to workers in sweatshops overseas. As Kennard notes, both home and abroad, it is a vast “transfer of wealth from the poor to the rich globally and domestically”.

    Legitimises theft at home
    “The same people that devise the myths about what we do abroad have also built up a similar ideological system that legitimises theft at home; theft from the poorest, by the richest,” he writes. “The poor and working people of Harlem have more in common with the poor and working people of Haiti than they do with their elites, but this has to be obscured for the racket to work.”

    Foreign aid maintains sweatshops or “special economic zones” in countries such as Haiti, where workers toil for pennies an hour and often in unsafe conditions for global corporations.

    “One of the facets of special economic zones, and one of the incentives for corporations in the US, is that special economic zones have even less regulations than the national state on how you can treat labour and taxes and customs,” Kennard told me in an interview.

    “You open these sweatshops in the special economic zones. You pay the workers a pittance. You get all the resources out without having to pay customs or tax. The state in Mexico or Haiti or wherever it is, where they’re offshoring this production, doesn’t benefit at all. That’s by design. The coffers of the state are always the ones that never get increased. It’s the corporations that benefit.”

    These same US institutions and mechanisms of control, Kennard writes in his book, were employed to sabotage the electoral campaign of Jeremy Corbyn, a fierce critic of the US empire, for prime minister in Britain.

    The US disbursed nearly $72 billion in foreign aid in fiscal year 2023. It funded clean water initiatives, HIV/Aids treatments, energy security and anti-corruption work. In 2024, it provided 42 percent of all humanitarian aid tracked by the United Nations.

    Humanitarian aid, often described as “soft power,” is designed to mask the theft of resources in the Global South by US corporations, the expansion of the footprint of the US military, the rigid control of foreign governments, the devastation caused by fossil fuel extraction, the systemic abuse of workers in global sweatshops and the poisoning of child labourers in places like the Congo, where they are used to mine lithium.

    The demise of American power
    I doubt Musk and his army of young minions in the Department of Government Efficiency (DOGE) — which isn’t an official department within the federal government — have any idea about how the organisations they are destroying work, why they exist or what it will mean for the demise of American power.

    The seizure of government personnel records and classified material, the effort to terminate hundreds of millions of dollars worth of government contracts — mostly those which relate to Diversity, Equity and Inclusion (DEI), the offers of buyouts to “drain the swamp” including a buyout offer to the entire workforce of the Central Intelligence Agency — now temporarily blocked by a judge — the firing of 17 or 18 inspectors generals
    and federal prosecutors, the halting of government funding and grants, sees them cannibalise the leviathan they worship.

    They plan to dismantle the Environmental Protection Agency, the Department of Education
    and the US Postal Service, part of the internal machinery of the empire. The more dysfunctional the state becomes, the more it creates a business opportunity for predatory corporations and private equity firms. These billionaires will make a fortune “harvesting” the remains of the empire. But they are ultimately slaying the beast that created American wealth and power.

    Once the dollar is no longer the world’s reserve currency, something the dismantling of the empire guarantees, the US will be unable to pay for its huge deficits by selling Treasury bonds. The American economy will fall into a devastating depression. This will trigger a breakdown of civil society, soaring prices, especially for imported products, stagnant wages and high unemployment rates.

    The funding of at least 750 overseas military bases and our bloated military will become impossible to sustain. The empire will instantly contract. It will become a shadow of itself. Hypernationalism, fueled by an inchoate rage and widespread despair, will morph into a hate-filled American fascism.

    Relentless hunt for plunder, profit
    “The demise of the United States as the preeminent global power could come far more quickly than anyone imagines,” the historian Alfred W. McCoy writes in his book In the Shadows of the American Century: The Rise and Decline of US Global Power:

    Despite the aura of omnipotence empires often project, most are surprisingly fragile, lacking the inherent strength of even a modest nation-state. Indeed, a glance at their history should remind us that the greatest of them are susceptible to collapse from diverse causes, with fiscal pressures usually a prime factor. For the better part of two centuries, the security and prosperity of the homeland has been the main objective for most stable states, making foreign or imperial adventures an expendable option, usually allocated no more than 5 percent of the domestic budget. Without the financing that arises almost organically inside a sovereign nation, empires are famously predatory in their relentless hunt for plunder or profit — witness the Atlantic slave trade, Belgium’s rubber lust in the Congo, British India’s opium commerce, the Third Reich’s rape of Europe, or the Soviet exploitation of Eastern Europe.

    When revenues shrink or collapse, McCoy points out, “empires become brittle.”

    “So delicate is their ecology of power that, when things start to go truly wrong, empires regularly unravel with unholy speed: just a year for Portugal, two years for the Soviet Union, eight years for France, 11 years for the Ottomans, 17 for Great Britain, and, in all likelihood, just 27 years for the United States, counting from the crucial year 2003 [when the US invaded Iraq],” he writes.

    The array of tools used for global dominance — wholesale surveillance, the evisceration of civil liberties, including due process, torture, militarised police, the massive prison system, militarised drones and satellites — will be employed against a restive and enraged population.

    The devouring of the carcass of the empire to feed the outsized greed and egos of these scavengers presages a new dark age.

    Chris Hedges is a Pulitzer Prize–winning author and journalist who was a foreign correspondent for 15 years for The New York Times. This article was first published on his Substack page. Republished from the Chris Hedges X page.

    This article was first published on Café Pacific.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: A new leader & new challenges for London Fire Brigade

    Source: Mayor of London

    In January this year, Andy Roe announced his retirement from the role of London Fire Brigade (LFB) Commissioner.

    LFB is the largest fire and rescue service in the UK and among the largest in the world. It deals with a range of serious incidents, notably fires in residential and non-residential buildings, wildfires, terrorist incidents, flooding, road traffic collisions and other incidents where Londoners are in need of rescue. 

    As an organisation, it employs over 5,800 people made up of firefighters, control officers and fire rescue staff (non-operational). LFB is one of very few fire and rescue services in the UK whose firefighters are all full-time. 
    LFB has faced a number of challenges in recent years which have had a significant impact on how it operates in London as well as having a national impact for the Government and all fire and rescue services. These include the Grenfell Tower Inquiry, two His Majesty’s Inspectorate of Constabulary and Fire & Rescue Services reports, being placed into the Engage process (which it exited in March 2024[1]), an Independent Culture Review and a transformation programme.

    Tomorrow, London Assembly Members will discuss those challenges, as well as building safety, lithium-ion battery powered e-bikes and e-scooters, EV buses fire risk, home fire safety visits and more, with guests:

    • Jules Pipe CBE, Deputy Mayor for Planning, Regeneration and the Fire Service 
    • Andy Roe KFSM, London Fire Brigade Commissioner

    Following the discussion, London Assembly Members will debate these motions. 
     
    The meeting will take place on Thursday 13 February 2025 from 10am in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.
     
    Media and members of the public are invited to attend.
     
    The meeting can also be viewed LIVE or later via webcast or YouTube.
     
    Follow us @LondonAssembly.
     

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Working with nature to boost nation’s flood resilience: New evidence of natural flood management benefits

    Source: United Kingdom – Executive Government & Departments

    Environment Agency publication captures latest research about natural flood management to help understand what works best where

    Nature can play a major role in improving the nation’s resilience to flooding and coastal erosion, updated research from the Environment Agency underlines.  

    The Environment Agency has today (Wednesday 12 February) published a new Working with Natural Processes Evidence Directory, updating the internationally recognised product first released in 2017.  

    Informed by significant scientific research including more than 700 papers, the directory summarises the latest evidence for 17 natural flood management (NFM) measures relating to river and floodplain, woodland, run-off, and coast and estuary management.  

    NFM protects, restores and emulates the natural functions of rivers, floodplains, catchments and the coast to reduce flooding and coastal erosion. It takes many different forms and can be implemented in urban and rural areas, on rivers, and on estuaries and coasts.   

    The directory shows the wide variety in the benefits of the different measures.   

    Among the findings, catchment woodland is shown not only to help reduce flood risk but also to provide benefits for soil, biodiversity and water quality, alongside access to nature.  

    The review showed catchment woodland can reduce the height of flood water, with the greatest reductions during smaller events. One study in Cumbria suggested the flow of flood water was slowed by 14-50% in woodland compared to pasture.  

    The latest science also showcases the significant wider benefits of saltmarsh and mudflat restoration, including their ability to store large amounts of carbon, helping to mitigate climate change. They can also filter sediments and nutrients, improving water quality.    

    Managed realignment at Steart Marshes in Somerset created 250 hectares of saltmarsh. A recent study showed the marsh was storing 36.6 tonnes of carbon per hectare per year following restoration, a number which compares favourably with woodland.  

    For the first time, the updated directory includes emerging evidence for three new measures, highlighting the potential flood risk reduction and wider benefits of coastal reefs, submerged aquatic vegetation, and beavers. There is still more to learn about these measures, including understanding what the best depth for oysters to grow and develop while also effectively reducing wave energy is. 

    The new Working with Natural Processes directory demonstrates that the evidence for NFM has grown significantly, building confidence in the flood risk reduction and wider benefits.  

    The directory provides a new evidence baseline for NFM, helping to inform future investment decisions and support the selection of measures on the ground.  

    Julie Foley, Environment Agency Director of Flood Risk Strategy and National Adaptation, said:

    With climate change increasing the threats of flooding and coastal erosion, we must work together with nature to boost resilience across the country.  

    That’s why the Environment Agency is mainstreaming the use of natural flood management alongside the use of traditional engineered defences.  

    Our £25 million Natural Flood Management Programme was shaped by the Working with Natural Processes Evidence Directory. Through this fund we are testing our approaches to future investment and the delivery of natural flood management.

    New evidence also demonstrates the benefits of combining multiple NFM measures. The five-year Littlestock Brook trial on the River Evenlode in Oxfordshire tested several measures at the same time, including putting in woody dams, creating 230m of new water courses, and planting 14.4 hectares of new woodland. Results from the trial show reductions in the height of flood waters of up to 55.2% across all the storms analysed. 

    Research suggests the Evenlode project will help remove 8,199 tonnes net of carbon dioxide to the atmosphere, attributed to creating the woodland and agroforestry. 

    The Salmons Brook NFM project in Enfield, north London, combined planting 200 hectares of woodland with reducing the width of the channel by 75% and installing 46 bunds in a rural catchment. Modelling found that, during a once-in-a-25-year storm, the combination could reduce flood flows by half and peak water levels by 10-30cm in the urban areas downstream, with the effectiveness expected to increase with the woodland’s maturity. 

    Kathryn Brown, The Wildlife Trusts Director of Climate Change and Evidence, said:

    Getting the best evidence to support our collective efforts to build resilience is critically important.  

    I’m delighted to see the latest science on natural flood management coming together in one place through the Environment Agency’s Evidence Directory, with a focus on co-benefits – and to see new recognition of the role beavers can play in natural flood management.

    This well-used directory has been pivotal in supporting NFM work across the country, including through The Wildlife Trusts.

    The findings of the original report are widely referenced in the International Guidelines on Natural and Nature-Based Features for Flood Risk Management, an international guide produced by the US Army Corps of Engineers.  

    Publishing the new Working with Natural Processes evidence directory meets the Environment Agency’s commitment in its Flood and Coastal Erosion Risk Management Strategy Roadmap to update the report by 2026.

    Updates to this page

    Published 12 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: Global financial reform addresses challenges facing developing nations: UN deputy chief

    Source: United Nations MIL OSI b

    SDGs

    Decisive action is needed to address the financial challenges facing developing nations, UN Deputy Secretary-General Amina Mohammed said on Tuesday in remarks to the Second Preparatory Committee for the Forth International Conference on Financing for Development (FfD4).

    The four-day meeting at UN Headquarters began with discussions on international debt architecture, feminist fiscal policy for Sustainable Development Goals (SDGs) and global tax reform.

    “The SDGs have stalled,” Ms. Mohammed said, emphasising that their revival depends on “unlocking the scale and quality of finance required to power investments, loosening the grip of debt service that is crippling dozens of countries and protecting economies from external shocks”. 

    Preparation for Seville Conference 2025

    This preparatory meeting, which follows a first session in Addis Ababa in July, has already generated nearly 300 stakeholder contributions ahead of the main conference scheduled for June 2025 in Seville, Spain. 

    These inputs have informed an Elements Paper containing proposals for transformative change across the Addis action areas, which will be central to discussions at the main conference next year.

    Key proposals for financial reform

    Ms. Mohammed outlined several key proposals under consideration. A central focus is domestic resource mobilisation, which she described as “the core of development financing and the compact between citizens and states”. 

    One concrete proposal calls for ensuring all developing countries can raise their tax-to-GDP ratio above 15 per cent. The conference is also tackling the challenge of private investment mobilisation.

    “After 10 years of billions-to-trillions discussions, we still don’t see results at the scale or impact required,” Ms. Mohammed emphasised, calling for firm commitments “to do better on blending: to focus on impact, to utilise instruments at scale and to align with national priorities”.

    Reforming financial architecture  

    The Deputy Secretary-General also highlighted the FfD4’s important role in fulfilling the vision articulated in the recently adopted Pact for the Future on financial architecture reform. Ms. Mohammed called for “bold ambition to create a debt architecture that truly empowers sustainable development”.

    Proposals for this include “expanding the capital bases of Multilateral Development Banks” she said.

    The conference also aims to transform Special Drawing Rights to make them more effective for future crises response.

    Concrete action needed in the future

    A key focus will be strengthening the voice and representation of developing countries in International Financial institutions. “This would be real and transformative change,” Ms. Mohammed said.

    Additionally, she stated that “we must pledge concrete actions to strengthen the voice and representation of developing countries in International Financial Institutions, ensuring that they become genuinely inclusive and more effective”.  

    The Deputy Secretary-General also called on participants to “push boundaries” and ensure that reforms match the ambition needed for the 2030 Agenda for Sustainable Development, adopted nearly a decade ago. 

    “Together, let us honour our 2015 commitments for a more sustainable, peaceful and prosperous world for all,” she concluded.   

    MIL OSI United Nations News –

  • MIL-OSI Europe: Minutes – Tuesday, 11 February 2025 – Strasbourg – Final edition

    Source: European Parliament 2

    PV-10-2025-02-11

    EN

    EN

    iPlPv_Sit

    Minutes
    Tuesday, 11 February 2025 – Strasbourg

    IN THE CHAIR: Christel SCHALDEMOSE
    Vice-President

    1. Opening of the sitting

    The sitting opened at 09:00.


    2. Preparedness for a new trade era: multilateral cooperation or tariffs (debate)

    Council and Commission statements: Preparedness for a new trade era: multilateral cooperation or tariffs (2025/2551(RSP))

    Adam Szłapka (President-in-Office of the Council) and Maroš Šefčovič (Member of the Commission) made the statements.

    The following spoke: Jörgen Warborn, on behalf of the PPE Group, Iratxe García Pérez, on behalf of the S&D Group, Klara Dostalova, on behalf of the PfE Group, Daniele Polato, on behalf of the ECR Group, Karin Karlsbro, on behalf of the Renew Group, Anna Cavazzini, on behalf of the Verts/ALE Group, Manon Aubry, on behalf of The Left Group, René Aust, on behalf of the ESN Group, Michał Szczerba, Kathleen Van Brempt, Christophe Bay, Stephen Nikola Bartulica, Marie-Pierre Vedrenne, who also answered a blue-card question from Manon Aubry, Diana Riba i Giner, Lynn Boylan, Fabio De Masi, Juan Ignacio Zoido Álvarez, who also answered a blue-card question from Petras Gražulis, Yannis Maniatis, Anna Bryłka, Svenja Hahn, who also answered a blue-card question from Damian Boeselager, Majdouline Sbai, Rudi Kennes, Lídia Pereira, who also answered a blue-card question from João Oliveira, Bernd Lange, Jorge Buxadé Villalba, who also answered a blue-card question from Cristina Maestre, Sophie Wilmès, Virginijus Sinkevičius, Željana Zovko, Stefano Bonaccini, András László, who also answered a blue-card question from Radan Kanev, Barry Cowen, Luděk Niedermayer, who also answered a blue-card question from Maria Grapini, Raphaël Glucksmann, Ľubica Karvašová, Sebastião Bugalho, Javier Moreno Sánchez, Nicolás Pascual de la Parte, Loucas Fourlas, Dirk Gotink and Salvatore De Meo.

    The following spoke under the catch-the-eye procedure: Vytenis Povilas Andriukaitis, Sebastian Tynkkynen and Billy Kelleher.

    IN THE CHAIR: Roberts ZĪLE
    Vice-President

    The following spoke under the catch-the-eye procedure: Lukas Sieper.

    The following spoke: Maria Grapini on the organisation of the debate.

    The following spoke: Maroš Šefčovič and Adam Szłapka.

    The debate closed.


    3. Continuing the unwavering EU support for Ukraine, after three years of Russia’s war of aggression (debate)

    Council and Commission statements: Continuing the unwavering EU support for Ukraine, after three years of Russia’s war of aggression (2025/2528(RSP))

    Adam Szłapka (President-in-Office of the Council) and Marta Kos (Member of the Commission) made the statements.

    The following spoke: Michael Gahler, on behalf of the PPE Group, Yannis Maniatis, on behalf of the S&D Group, Csaba Dömötör, on behalf of the PfE Group, Adam Bielan, on behalf of the ECR Group, Petras Auštrevičius, on behalf of the Renew Group, Villy Søvndal, on behalf of the Verts/ALE Group, Danilo Della Valle, on behalf of The Left Group, Petras Gražulis, on behalf of the ESN Group, Rasa Juknevičienė, Kathleen Van Brempt, Pierre-Romain Thionnet, Reinis Pozņaks, Marie-Agnes Strack-Zimmermann, who also answered a blue-card question from Alexander Sell, Mārtiņš Staķis, Jonas Sjöstedt, Petar Volgin, Ľuboš Blaha, Sandra Kalniete, Sven Mikser, Viktória Ferenc, Alberico Gambino, Hilde Vautmans, Sergey Lagodinsky, Hans Neuhoff, Fabio De Masi, Michał Szczerba, Thijs Reuten, Petra Steger, Jaak Madison, Bernard Guetta, Markéta Gregorová, Zsuzsanna Borvendég, Pekka Toveri, Pina Picierno, Michał Dworczyk, Helmut Brandstätter, Nicolás Pascual de la Parte, Raphaël Glucksmann, Sebastian Tynkkynen, Davor Ivo Stier, Marcos Ros Sempere, Arkadiusz Mularczyk, Reinhold Lopatka, who also answered a blue-card question from Alexander Jungbluth, Tonino Picula, Mika Aaltola, who also answered a blue-card question from Merja Kyllönen, Tobias Cremer, Riho Terras and Ana Miguel Pedro.

    The following spoke under the catch-the-eye procedure: Hélder Sousa Silva, Juan Fernando López Aguilar, Dainius Žalimas, Siegbert Frank Droese and Ondřej Dostál.

    The following spoke: Marta Kos and Adam Szłapka.

    Motions for resolutions to be tabled under Rule 136(2) would be announced at a later stage.

    The debate closed.

    Vote: next part-session.

    (The sitting was suspended for a few moments.)


    IN THE CHAIR: Roberta METSOLA
    President

    4. Resumption of the sitting

    The sitting resumed at 12:22.


    5. Formal sitting – Address by Ruslan Stefanchuk, Speaker of the Verkhovna Rada

    The President made an address to welcome Ruslan Stefanchuk, Speaker of the Verkhovna Rada.

    Ruslan Stefanchuk addressed the House.

    (The sitting was suspended for a few moments.)


    6. Resumption of the sitting

    The sitting resumed at 12:42.


    7. Voting time

    For detailed results of the votes, see also ‘Results of votes’ and ‘Results of roll-call votes’.


    7.1. Conclusion of an agreement between the European Union and the government of the People’s Republic of Bangladesh on certain aspects of air services *** (vote)

    Recommendation on the draft Council decision on the conclusion of the Agreement between the European Union and the People’s Republic of Bangladesh on certain aspects of air services [10844/2024 – C10-0111/2024 – 2015/0188(NLE)] – Committee on Transport and Tourism. Rapporteur: Tomas Tobé (A10-0005/2025)

    (Majority of the votes cast)

    DRAFT COUNCIL DECISION

    Approved (P10_TA(2025)0008)

    Parliament consented to the conclusion of the agreement.

    (‘Results of votes’, item 1)


    7.2. Conclusion, on behalf of the Union, of the Protocol (2024-2029) implementing the Fisheries Partnership Agreement between the European Community and the Republic of Cabo Verde *** (vote)

    Recommendation on the draft Council decision on the conclusion, on behalf of the European Union, of the Protocol (2024-2029) implementing the Fisheries Partnership Agreement between the European Community and the Republic of Cabo Verde [11267/2024 – C10-0087/2024 – 2024/0133(NLE)] – Committee on Fisheries. Rapporteur: Paulo Do Nascimento Cabral (A10-0004/2025)

    (Majority of the votes cast)

    DRAFT COUNCIL DECISION

    Approved (P10_TA(2025)0009)

    Parliament consented to the conclusion of the agreement.

    (‘Results of votes’, item 2)


    7.3. Renewal of the Agreement on cooperation in science and technology between the European Community and Ukraine *** (vote)

    Recommendation on the draft Council decision on the renewal of the Agreement on cooperation in science and technology between the European Community and Ukraine [14848/2024 – C10-0196/2024 – 2024/0240(NLE)] – Committee on Industry, Research and Energy. Rapporteur: Borys Budka (A10-0007/2025)

    (Majority of the votes cast)

    DRAFT COUNCIL DECISION

    Approved (P10_TA(2025)0010)

    Parliament consented to the renewal of the agreement.

    (‘Results of votes’, item 3)


    7.4. European Central Bank – annual report 2024 (vote)

    Report on European Central Bank – annual report 2024 [2024/2054(INI)] – Committee on Economic and Monetary Affairs. Rapporteur: Anouk Van Brug (A10-0003/2025)

    The debate had taken place on 10 February 2025 (minutes of 10.2.2025, item 13).

    (Majority of the votes cast)

    MOTION FOR A RESOLUTION

    Adopted (P10_TA(2025)0011)

    (‘Results of votes’, item 4)

    (The sitting was suspended at 12:53.)


    IN THE CHAIR: Javi LÓPEZ
    Vice-President

    8. Resumption of the sitting

    The sitting resumed at 12:58.


    9. Approval of the minutes of the previous sitting

    The minutes of the previous sitting were approved.


    10. The need to address urgent labour shortages and ensure quality jobs in the health care sector (debate)

    Commission statement: The need to address urgent labour shortages and ensure quality jobs in the health care sector (2025/2529(RSP))

    Roxana Mînzatu (Executive Vice-President of the Commission) made the statement.

    The following spoke: Dennis Radtke, on behalf of the PPE Group, Gabriele Bischoff, on behalf of the S&D Group, Gerald Hauser, on behalf of the PfE Group, Ruggero Razza, on behalf of the ECR Group, Vlad Vasile-Voiculescu, on behalf of the Renew Group, Maria Ohisalo, on behalf of the Verts/ALE Group, Leila Chaibi, on behalf of The Left Group, Tomislav Sokol, Estelle Ceulemans, Marie-Luce Brasier-Clain, Aurelijus Veryga, Brigitte van den Berg, Tilly Metz, Catarina Martins, Jan-Peter Warnke, Liesbet Sommen, Vytenis Povilas Andriukaitis, Pál Szekeres, Adrian-George Axinia, Olivier Chastel, Pernando Barrena Arza, Maria Zacharia, András Tivadar Kulja, Marianne Vind, Margarita de la Pisa Carrión, Michele Picaro, Kathleen Funchion, Adam Jarubas, Nicolás González Casares, Marie Dauchy, Beatrice Timgren, Elena Nevado del Campo, Johan Danielsson, Valérie Deloge, Mariateresa Vivaldini, Romana Tomc, who also answered a blue-card question from João Oliveira, and Alessandra Moretti.

    IN THE CHAIR: Roberts ZĪLE
    Vice-President

    The following spoke: Philippe Olivier, Claudiu-Richard Târziu, Marit Maij, Malika Sorel, Francesco Ventola, Victor Negrescu and Evelyn Regner.

    The following spoke under the catch-the-eye procedure: Sérgio Humberto, Maria Grapini, Oihane Agirregoitia Martínez, Ana Miranda Paz, João Oliveira, Lefteris Nikolaou-Alavanos, Dennis Radtke, Idoia Mendia and Rudi Kennes.

    The following spoke: Roxana Mînzatu.

    The debate closed.


    11. Boosting vocational education and training in times of labour market transitions (debate)

    Council and Commission statements: Boosting vocational education and training in times of labour market transitions (2025/2530(RSP))

    Adam Szłapka (President-in-Office of the Council) and Roxana Mînzatu (Executive Vice-President of the Commission) made the statements.

    The following spoke: Dennis Radtke, on behalf of the PPE Group, Romana Jerković, on behalf of the S&D Group, Catherine Griset, on behalf of the PfE Group, Chiara Gemma, on behalf of the ECR Group, Brigitte van den Berg, on behalf of the Renew Group, Li Andersson, on behalf of The Left Group, Marcin Sypniewski, on behalf of the ESN Group, Maravillas Abadía Jover, Hannes Heide and Pál Szekeres.

    IN THE CHAIR: Pina PICIERNO
    Vice-President

    The following spoke: Georgiana Teodorescu, Laurence Farreng, Nikos Pappas, Fidias Panayiotou, Gheorghe Falcă, Idoia Mendia, Elisabeth Dieringer, Marlena Maląg, Anna-Maja Henriksson, Andrzej Buła, Marc Angel, Mélanie Disdier, Ivaylo Valchev, Sérgio Humberto, who also answered a blue-card question from João Oliveira, Sabrina Repp, Annamária Vicsek, Elena Donazzan, Eleonora Meleti, Isilda Gomes, Juan Carlos Girauta Vidal, Vilija Blinkevičiūtė and Marie Dauchy.

    The following spoke under the catch-the-eye procedure: Nina Carberry, Nikolina Brnjac, Marcos Ros Sempere, Alicia Homs Ginel, Kateřina Konečná and Lukas Sieper.

    The following spoke: Glenn Micallef (Member of the Commission) and Adam Szłapka.

    The debate closed.


    12. Wider comprehensive EU-Middle East strategy (debate)

    Council and Commission statements: Wider comprehensive EU-Middle East strategy (2024/3015(RSP))

    Adam Szłapka (President-in-Office of the Council) and Dubravka Šuica (Member of the Commission) made the statements.

    The following spoke: David McAllister, on behalf of the PPE Group, Yannis Maniatis, on behalf of the S&D Group, Jorge Martín Frías, on behalf of the PfE Group, Ana Miranda Paz, on certain remarks made by the previous speaker, Rihards Kols, on behalf of the ECR Group, Hilde Vautmans, on behalf of the Renew Group, Hannah Neumann, on behalf of the Verts/ALE Group, Lynn Boylan, on behalf of The Left Group, Petras Gražulis, on behalf of the ESN Group, Antonio López-Istúriz White, Hana Jalloul Muro, António Tânger Corrêa, Joachim Stanisław Brudziński, Urmas Paet, Villy Søvndal, João Oliveira, who also answered a blue-card question from Ana Miranda Paz, Alexander Sell, Nikolaos Anadiotis, Hildegard Bentele, Francisco Assis, György Hölvényi, Marion Maréchal, Irena Joveva and Martin Schirdewan.

    IN THE CHAIR: Nicolae ŞTEFĂNUȚĂ
    Vice-President

    The following spoke: Ruth Firmenich, Ingeborg Ter Laak, Lucia Annunziata, Cristian Terheş, Abir Al-Sahlani, Elena Yoncheva, Andrey Kovatchev, Evin Incir, Emmanouil Fragkos, Billy Kelleher, Alice Teodorescu Måwe, Davor Ivo Stier, Michał Szczerba, Wouter Beke, Nicolás Pascual de la Parte and Reinhold Lopatka.

    The following spoke under the catch-the-eye procedure: Vytenis Povilas Andriukaitis, Sebastian Tynkkynen, Ana Miranda Paz, Marc Botenga and Diana Iovanovici Şoşoacă.

    The following spoke: Dubravka Šuica and Adam Szłapka.

    The debate closed.


    13. Escalation of violence in the eastern Democratic Republic of the Congo (debate)

    Council and Commission statements: Escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP))

    Adam Szłapka (President-in-Office of the Council) and Dubravka Šuica (Member of the Commission) made the statements.

    The following spoke: Ingeborg Ter Laak, on behalf of the PPE Group, Marit Maij, on behalf of the S&D Group, Thierry Mariani, on behalf of the PfE Group, Alberico Gambino, on behalf of the ECR Group, Hilde Vautmans, on behalf of the Renew Group, Sara Matthieu, on behalf of the Verts/ALE Group, Marc Botenga, on behalf of The Left Group, Petras Gražulis, on behalf of the ESN Group, Wouter Beke, Francisco Assis, György Hölvényi, Charles Goerens, Majdouline Sbai, Marcin Sypniewski, Lukas Mandl, Laura Ballarín Cereza, Jan-Christoph Oetjen, Saskia Bricmont, Hildegard Bentele, Murielle Laurent, Yvan Verougstraete, Giorgio Gori and Udo Bullmann, who also declined to take a blue-card question from Lukas Sieper.

    The following spoke under the catch-the-eye procedure: Juan Fernando López Aguilar.

    The following spoke: Dubravka Šuica and Adam Szłapka.

    The following spoke: Hilde Vautmans, again on the subject of the debate.

    Motions for resolutions tabled under Rule 136(2) to wind up the debate: minutes of 13.2.2025, item I.

    The debate closed.

    Vote: 13 February 2025.


    14. Welcome

    On behalf of Parliament, the President welcomed a delegation from the National Assembly of the Republic of Serbia, who had taken a seat in the distinguished visitors’ gallery.


    15. Political crisis in Serbia (debate)

    Council and Commission statements: Political crisis in Serbia (2025/2554(RSP))

    Adam Szłapka (President-in-Office of the Council) made the statement on behalf of the Council.

    IN THE CHAIR: Katarina BARLEY
    Vice-President

    Marta Kos (Member of the Commission) made the statement on behalf of the Commission.

    The following spoke: Davor Ivo Stier, on behalf of the PPE Group, Tonino Picula, on behalf of the S&D Group, Annamária Vicsek, on behalf of the PfE Group, Alessandro Ciriani, on behalf of the ECR Group, Helmut Brandstätter, on behalf of the Renew Group, Vladimir Prebilič, on behalf of the Verts/ALE Group, Konstantinos Arvanitis, on behalf of The Left Group, Petr Bystron, on behalf of the ESN Group, Loucas Fourlas, Alessandra Moretti, Thierry Mariani, Şerban Dimitrie Sturdza, Eugen Tomac, Gordan Bosanac, Kostas Papadakis, Reinhold Lopatka, Thijs Reuten, Ilhan Kyuchyuk, Rasmus Nordqvist, Zoltán Tarr, Matjaž Nemec, Irena Joveva (The President explained how the interpreting system worked), Matej Tonin, Andreas Schieder, Dan Barna and Tomislav Sokol.

    The following spoke under the catch-the-eye procedure: Seán Kelly, Nikos Papandreou, Sebastian Tynkkynen, Lukas Sieper and Diana Iovanovici Şoşoacă.

    The following spoke: Marta Kos and Adam Szłapka.

    The debate closed.


    16. US AI chip export restrictions: a challenge to European AI development and economic resilience (debate)

    Question for oral answer O-000001/2025 by Borys Budka, on behalf of the ITRE Committee, to the Commission: US AI chip export restrictions: a challenge to European AI development and economic resilience (B10-0002/2025) (2025/2539(RSP))

    Borys Budka moved the question.

    Henna Virkkunen (Executive Vice-President of the Commission) answered the question.

    The following spoke: Wouter Beke, on behalf of the PPE Group, Matthias Ecke, on behalf of the S&D Group, Kris Van Dijck, on behalf of the ECR Group, Bart Groothuis, on behalf of the Renew Group, András László, on behalf of the PfE Group, Virginijus Sinkevičius, on behalf of the Verts/ALE Group, Dario Tamburrano, on behalf of The Left Group, Eszter Lakos, who also answered a blue-card question from András László, Lina Gálvez and Barbara Bonte.

    IN THE CHAIR: Ewa KOPACZ
    Vice-President

    The following spoke: Francesco Torselli, Michał Kobosko, Alexandra Geese, Aura Salla, Maria Grapini, Paulius Saudargas, Elisabeth Grossmann, Mirosława Nykiel, Brando Benifei, Paulo Cunha and Oliver Schenk.

    The following spoke under the catch-the-eye procedure: Kamila Gasiuk-Pihowicz, Marc Botenga, Kateřina Konečná, Seán Kelly and Lukas Sieper.

    The following spoke: Henna Virkkunen.

    The debate closed.


    17. Protecting the system of international justice and its institutions, in particular the International Criminal Court and the International Court of Justice (debate)

    Council and Commission statements: Protecting the system of international justice and its institutions, in particular the International Criminal Court and the International Court of Justice (2025/2555(RSP))

    Adam Szłapka (President-in-Office of the Council) and Michael McGrath (Member of the Commission) made the statements.

    The following spoke: Alice Teodorescu Måwe, on behalf of the PPE Group, Francisco Assis, on behalf of the S&D Group, András László, on behalf of the PfE Group, Małgorzata Gosiewska, on behalf of the ECR Group, Raquel García Hermida-Van Der Walle, on behalf of the Renew Group, Mounir Satouri, on behalf of the Verts/ALE Group, Mimmo Lucano, on behalf of The Left Group, Hana Jalloul Muro, Alessandro Ciriani, who also answered a blue-card question from Raquel García Hermida-Van Der Walle, Catarina Vieira, Gaetano Pedulla’, Brando Benifei, Jaume Asens Llodrà, who also answered a blue-card question from João Oliveira, Rima Hassan (the President reminded the speaker of the rules on conduct), Chloé Ridel, Benedetta Scuderi, Alessandro Zan and Ana Miranda Paz.

    The following spoke under the catch-the-eye procedure: Juan Fernando López Aguilar, Billy Kelleher, Tineke Strik, João Oliveira, Lukas Sieper and Vytenis Povilas Andriukaitis.

    The following spoke: Michael McGrath and Adam Szłapka.

    The following spoke: Raquel García Hermida-Van Der Walle, concerning the last intervention by the Council (the President gave explanations).

    The debate closed.


    18. Explanations of vote

    Written explanations of vote

    Explanations of vote submitted in writing under Rule 201 appear on the Members’ pages on Parliament’s website.


    19. Agenda of the next sitting

    The next sitting would be held the following day, 12 February 2025, starting at 09:00. The agenda was available on Parliament’s website.


    20. Approval of the minutes of the sitting

    In accordance with Rule 208(3), the minutes of the sitting would be put to the House for approval at the beginning of the afternoon of the next sitting.


    21. Closure of the sitting

    The sitting closed at 20:52.


    ATTENDANCE REGISTER

    Present:

    Aaltola Mika, Abadía Jover Maravillas, Adamowicz Magdalena, Aftias Georgios, Agirregoitia Martínez Oihane, Agius Peter, Agius Saliba Alex, Alexandraki Galato, Allione Grégory, Al-Sahlani Abir, Anadiotis Nikolaos, Anderson Christine, Andersson Li, Andresen Rasmus, Andriukaitis Vytenis Povilas, Androuët Mathilde, Angel Marc, Annemans Gerolf, Annunziata Lucia, Antoci Giuseppe, Arias Echeverría Pablo, Arimont Pascal, Arłukowicz Bartosz, Arnaoutoglou Sakis, Arndt Anja, Arvanitis Konstantinos, Asens Llodrà Jaume, Assis Francisco, Attard Daniel, Aubry Manon, Auštrevičius Petras, Axinia Adrian-George, Azmani Malik, Bajada Thomas, Baljeu Jeannette, Ballarín Cereza Laura, Bardella Jordan, Barley Katarina, Barna Dan, Barrena Arza Pernando, Bartulica Stephen Nikola, Bartůšek Nikola, Bay Nicolas, Bay Christophe, Beke Wouter, Beleris Fredis, Bellamy François-Xavier, Benea Adrian-Dragoş, Benifei Brando, Benjumea Benjumea Isabel, Beňová Monika, Bentele Hildegard, Berendsen Tom, Berger Stefan, Berg Sibylle, Berlato Sergio, Bernhuber Alexander, Biedroń Robert, Bielan Adam, Bischoff Gabriele, Blaha Ľuboš, Blinkevičiūtė Vilija, Blom Rachel, Bloss Michael, Bocheński Tobiasz, Bogdan Ioan-Rareş, Bonaccini Stefano, Bonte Barbara, Borchia Paolo, Borrás Pabón Mireia, Borvendég Zsuzsanna, Borzan Biljana, Bosanac Gordan, Bosse Stine, Botenga Marc, Boyer Gilles, Boylan Lynn, Brandstätter Helmut, Brasier-Clain Marie-Luce, Braun Grzegorz, Brejza Krzysztof, Bricmont Saskia, Brnjac Nikolina, Brudziński Joachim Stanisław, Bryłka Anna, Buchheit Markus, Buczek Tomasz, Buda Daniel, Buda Waldemar, Budka Borys, Bugalho Sebastião, Buła Andrzej, Bullmann Udo, Burkhardt Delara, Buxadé Villalba Jorge, Bystron Petr, Bžoch Jaroslav, Camara Mélissa, Canfin Pascal, Carberry Nina, Cârciu Gheorghe, Carême Damien, Casa David, Caspary Daniel, Cassart Benoit, Castillo Laurent, del Castillo Vera Pilar, Cavazzini Anna, Cavedagna Stefano, Ceccardi Susanna, Ceulemans Estelle, Chahim Mohammed, Chaibi Leila, Chastel Olivier, Chinnici Caterina, Cifrová Ostrihoňová Veronika, Ciriani Alessandro, Cisint Anna Maria, Clausen Per, Cormand David, Corrado Annalisa, Costanzo Vivien, Cotrim De Figueiredo João, Cowen Barry, Cremer Tobias, Crespo Díaz Carmen, Cristea Andi, Crosetto Giovanni, Cunha Paulo, Dahl Henrik, Danielsson Johan, Dauchy Marie, Dávid Dóra, David Ivan, Decaro Antonio, de la Hoz Quintano Raúl, Della Valle Danilo, Deloge Valérie, De Masi Fabio, De Meo Salvatore, Deutsch Tamás, Dibrani Adnan, Diepeveen Ton, Dieringer Elisabeth, Dîncu Vasile, Disdier Mélanie, Dobrev Klára, Doherty Regina, Doleschal Christian, Dömötör Csaba, Do Nascimento Cabral Paulo, Donazzan Elena, Dorfmann Herbert, Dostalova Klara, Dostál Ondřej, Droese Siegbert Frank, Düpont Lena, Dworczyk Michał, Ecke Matthias, Ehler Christian, Ehlers Marieke, Eriksson Sofie, Erixon Dick, Eroglu Engin, Estaràs Ferragut Rosa, Ezcurra Almansa Alma, Falcă Gheorghe, Farantouris Nikolas, Farreng Laurence, Farský Jan, Ferber Markus, Ferenc Viktória, Fernández Jonás, Fidanza Carlo, Firea Gabriela, Firmenich Ruth, Fita Claire, Flanagan Luke Ming, Fourlas Loucas, Fourreau Emma, Fragkos Emmanouil, Freund Daniel, Frigout Anne-Sophie, Friis Sigrid, Fritzon Heléne, Froelich Tomasz, Funchion Kathleen, Furet Angéline, Furore Mario, Gahler Michael, Gál Kinga, Gálvez Lina, Gambino Alberico, García Hermida-Van Der Walle Raquel, Garraud Jean-Paul, Gasiuk-Pihowicz Kamila, Geadi Geadis, Geese Alexandra, Geier Jens, Geisel Thomas, Gemma Chiara, Georgiou Giorgos, Gerbrandy Gerben-Jan, Germain Jean-Marc, Gerzsenyi Gabriella, Geuking Niels, Gieseke Jens, Giménez Larraz Borja, Girauta Vidal Juan Carlos, Glavak Sunčana, Glück Andreas, Glucksmann Raphaël, Goerens Charles, Gomart Christophe, Gomes Isilda, Gómez López Sandra, Gonçalves Bruno, Gonçalves Sérgio, González Casares Nicolás, González Pons Esteban, Gori Giorgio, Gosiewska Małgorzata, Gotink Dirk, Gozi Sandro, Grapini Maria, Gražulis Petras, Gregorová Markéta, Grims Branko, Griset Catherine, Gronkiewicz-Waltz Hanna, Groothuis Bart, Grossmann Elisabeth, Grudler Christophe, Gualmini Elisabetta, Guarda Cristina, Guetta Bernard, Guzenina Maria, Hadjipantela Michalis, Hahn Svenja, Haider Roman, Halicki Andrzej, Hansen Niels Flemming, Hassan Rima, Hauser Gerald, Häusling Martin, Hava Mircea-Gheorghe, Hazekamp Anja, Heide Hannes, Heinäluoma Eero, Henriksson Anna-Maja, Herbst Niclas, Herranz García Esther, Hetman Krzysztof, Hohlmeier Monika, Hojsík Martin, Holmgren Pär, Hölvényi György, Homs Ginel Alicia, Humberto Sérgio, Ijabs Ivars, Imart Céline, Incir Evin, Inselvini Paolo, Iovanovici Şoşoacă Diana, Jalloul Muro Hana, Jamet France, Jarubas Adam, Jerković Romana, Joński Dariusz, Joron Virginie, Jouvet Pierre, Joveva Irena, Juknevičienė Rasa, Jungbluth Alexander, Kabilov Taner, Kalfon François, Kaliňák Erik, Kaljurand Marina, Kalniete Sandra, Kamiński Mariusz, Kanev Radan, Kanko Assita, Karlsbro Karin, Kartheiser Fernand, Karvašová Ľubica, Katainen Elsi, Kefalogiannis Emmanouil, Kelleher Billy, Keller Fabienne, Kelly Seán, Kemp Martine, Kennes Rudi, Kircher Sophia, Knafo Sarah, Knotek Ondřej, Kobosko Michał, Köhler Stefan, Kohut Łukasz, Kokalari Arba, Kolář Ondřej, Kollár Kinga, Kols Rihards, Konečná Kateřina, Kopacz Ewa, Körner Moritz, Kountoura Elena, Kovatchev Andrey, Krah Maximilian, Krištopans Vilis, Kruis Sebastian, Krutílek Ondřej, Kubín Tomáš, Kuhnke Alice, Kulja András Tivadar, Kulmuni Katri, Kyllönen Merja, Kyuchyuk Ilhan, Lagodinsky Sergey, Lakos Eszter, Lalucq Aurore, Lange Bernd, Langensiepen Katrin, Laššáková Judita, László András, Latinopoulou Afroditi, Laurent Murielle, Laureti Camilla, Laykova Rada, Lazarov Ilia, Lazarus Luis-Vicențiu, Le Callennec Isabelle, Leggeri Fabrice, Lenaers Jeroen, Lewandowski Janusz, Lexmann Miriam, Liese Peter, Lins Norbert, Løkkegaard Morten, Lopatka Reinhold, López Javi, López Aguilar Juan Fernando, López-Istúriz White Antonio, Lövin Isabella, Lucano Mimmo, Luena César, Lupo Giuseppe, McAllister David, Madison Jaak, Maestre Cristina, Magoni Lara, Maij Marit, Maląg Marlena, Manda Claudiu, Mandl Lukas, Maniatis Yannis, Maran Pierfrancesco, Marczułajtis-Walczak Jagna, Maréchal Marion, Mariani Thierry, Marino Ignazio Roberto, Marquardt Erik, Martín Frías Jorge, Martins Catarina, Marzà Ibáñez Vicent, Matthieu Sara, Mavrides Costas, Mayer Georg, Mazurek Milan, Mažylis Liudas, Mebarek Nora, Mehnert Alexandra, Meimarakis Vangelis, Meleti Eleonora, Mendes Ana Catarina, Mendia Idoia, Mertens Verena, Mesure Marina, Metsola Roberta, Metz Tilly, Mikser Sven, Milazzo Giuseppe, Minchev Nikola, Miranda Paz Ana, Montero Irene, Montserrat Dolors, Morace Carolina, Moreira de Sá Tiago, Moreno Sánchez Javier, Moretti Alessandra, Motreanu Dan-Ştefan, Mularczyk Arkadiusz, Müller Piotr, Mureşan Siegfried, Nagyová Jana, Nardella Dario, Navarrete Rojas Fernando, Negrescu Victor, Nemec Matjaž, Nesci Denis, Neuhoff Hans, Neumann Hannah, Nevado del Campo Elena, Nica Dan, Niebler Angelika, Niedermayer Luděk, Niinistö Ville, Nikolaou-Alavanos Lefteris, Nikolic Aleksandar, Ní Mhurchú Cynthia, Noichl Maria, Nordqvist Rasmus, Novakov Andrey, Nykiel Mirosława, Obajtek Daniel, Ódor Ľudovít, Oetjen Jan-Christoph, Ohisalo Maria, Oliveira João, Olivier Philippe, Omarjee Younous, Ó Ríordáin Aodhán, Ozdoba Jacek, Paet Urmas, Pajín Leire, Palmisano Valentina, Panayiotou Fidias, Papadakis Kostas, Papandreou Nikos, Pappas Nikos, Pascual de la Parte Nicolás, Patriciello Aldo, Paulus Jutta, Pedro Ana Miguel, Pedulla’ Gaetano, Pellerin-Carlin Thomas, Peltier Guillaume, Penkova Tsvetelina, Pennelle Gilles, Pereira Lídia, Pérez Alvise, Peter-Hansen Kira Marie, Petrov Hristo, Picaro Michele, Picierno Pina, Picula Tonino, Piera Pascale, Pimpie Pierre, Piperea Gheorghe, de la Pisa Carrión Margarita, Pokorná Jermanová Jaroslava, Polato Daniele, Polfjärd Jessica, Popescu Virgil-Daniel, Pozņaks Reinis, Prebilič Vladimir, Princi Giusi, Pürner Friedrich, Rackete Carola, Radev Emil, Radtke Dennis, Rafowicz Emma, Ratas Jüri, Razza Ruggero, Rechagneux Julie, Regner Evelyn, Repasi René, Repp Sabrina, Ressler Karlo, Reuten Thijs, Riba i Giner Diana, Ricci Matteo, Ridel Chloé, Riehl Nela, Ripa Manuela, Ros Sempere Marcos, Roth Neveďalová Katarína, Rougé André, Ruissen Bert-Jan, Ruotolo Sandro, Rzońca Bogdan, Saeidi Arash, Salini Massimiliano, Salis Ilaria, Salla Aura, Sanchez Julien, Sancho Murillo Elena, Saramo Jussi, Sardone Silvia, Šarec Marjan, Sargiacomo Eric, Satouri Mounir, Saudargas Paulius, Sbai Majdouline, Sberna Antonella, Schaldemose Christel, Schenk Oliver, Scheuring-Wielgus Joanna, Schieder Andreas, Schilling Lena, Schwab Andreas, Scuderi Benedetta, Seekatz Ralf, Sell Alexander, Serrano Sierra Rosa, Serra Sánchez Isabel, Sidl Günther, Sienkiewicz Bartłomiej, Sieper Lukas, Simon Sven, Singer Christine, Sinkevičius Virginijus, Sippel Birgit, Sjöstedt Jonas, Śmiszek Krzysztof, Smith Anthony, Smit Sander, Sokol Tomislav, Solier Diego, Solís Pérez Susana, Sommen Liesbet, Sonneborn Martin, Sorel Malika, Sousa Silva Hélder, Søvndal Villy, Staķis Mārtiņš, Stancanelli Raffaele, Ştefănuță Nicolae, Steger Petra, Stier Davor Ivo, Storm Kristoffer, Stöteler Sebastiaan, Stoyanov Stanislav, Strack-Zimmermann Marie-Agnes, Streit Joachim, Strik Tineke, Strolenberg Anna, Sturdza Şerban Dimitrie, Stürgkh Anna, Sypniewski Marcin, Szczerba Michał, Szekeres Pál, Szydło Beata, Tamburrano Dario, Tânger Corrêa António, Tarczyński Dominik, Tarquinio Marco, Tarr Zoltán, Târziu Claudiu-Richard, Tavares Carla, Tegethoff Kai, Teodorescu Georgiana, Teodorescu Måwe Alice, Terheş Cristian, Ter Laak Ingeborg, Terras Riho, Tertsch Hermann, Thionnet Pierre-Romain, Timgren Beatrice, Tinagli Irene, Tobé Tomas, Tolassy Rody, Tomac Eugen, Tomašič Zala, Tomaszewski Waldemar, Tomc Romana, Tonin Matej, Topo Raffaele, Torselli Francesco, Tosi Flavio, Toussaint Marie, Tovaglieri Isabella, Toveri Pekka, Tridico Pasquale, Trochu Laurence, Tsiodras Dimitris, Tudose Mihai, Turek Filip, Tynkkynen Sebastian, Uhrík Milan, Vaidere Inese, Valchev Ivaylo, Vălean Adina, Van Brempt Kathleen, Van Brug Anouk, van den Berg Brigitte, Vandendriessche Tom, Van Dijck Kris, Van Lanschot Reinier, Van Leeuwen Jessika, Vannacci Roberto, Van Overtveldt Johan, Van Sparrentak Kim, Varaut Alexandre, Vasconcelos Ana, Vasile-Voiculescu Vlad, Vautmans Hilde, Vedrenne Marie-Pierre, Ventola Francesco, Verougstraete Yvan, Veryga Aurelijus, Vešligaj Marko, Vicsek Annamária, Vieira Catarina, Vilimsky Harald, Vincze Loránt, Vind Marianne, Vistisen Anders, Vivaldini Mariateresa, Volgin Petar, von der Schulenburg Michael, Vondra Alexandr, Voss Axel, Vozemberg-Vrionidi Elissavet, Vrecionová Veronika, Vázquez Lázara Adrián, Waitz Thomas, Walsh Maria, Walsmann Marion, Warborn Jörgen, Warnke Jan-Peter, Wąsik Maciej, Wawrykiewicz Michał, Wcisło Marta, Wechsler Andrea, Weimers Charlie, Werbrouck Séverine, Wiesner Emma, Wiezik Michal, Wilmès Sophie, Winkler Iuliu, Winzig Angelika, Wiseler-Lima Isabel, Wiśniewska Jadwiga, Wölken Tiemo, Wolters Lara, Yar Lucia, Yoncheva Elena, Zacharia Maria, Zalewska Anna, Žalimas Dainius, Zan Alessandro, Zarzalejos Javier, Zdechovský Tomáš, Zdrojewski Bogdan Andrzej, Zijlstra Auke, Zīle Roberts, Zingaretti Nicola, Złotowski Kosma, Zoido Álvarez Juan Ignacio, Zovko Željana, Zver Milan

    Excused:

    Andrews Barry, Di Rupo Elio, Strada Cecilia, Temido Marta

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Growing evidence of the benefits of natural flood management

    Source: United Kingdom – Executive Government & Departments

    We reviewed the latest research on natural flood management and updated the Working with natural processes evidence directory.

    Saltmarsh restoration. Image credit: Environment Agency

    Working with natural processes (WWNP) or natural flood management (NFM) protects, restores or emulates the natural functions of rivers, floodplains, catchments and the coast to reduce flooding and coastal erosion.   

    The updated Working with natural processes evidence directory was published in February 2025. It summarises the latest evidence for 17 NFM measures relating to river and floodplain, woodland, run-off, and coast and estuary management.

    The directory shows NFM evidence has grown in recent years, building our confidence in the flood risk and wider benefits these approaches can bring.   It provides a new evidence baseline for NFM, helping to inform future investment decisions and support the selection of measures on the ground.

    These benefits vary across measures and help us understand what works best and where. There is still more to learn about NFM, but the research gaps are closing and are becoming more detail orientated.  

    Among the findings, the evidence is telling us that:

    • catchment woodlands can reduce the height of flood water, with the greatest reductions during smaller events
    • there is growing research that soil and land management can help with flood resilience, especially in grasslands
    • for some NFM measures, the wider benefits are even greater than the benefits to flood risk such as with floodplain or river restoration
    • ponds in floodplain areas can reduce flood risk by decreasing flows and storing water
    • run-off pathway management can reduce flood risk by storing water, and slowing the flow downstream and includes wider benefits related to water resources and biodiversity
    • the flood risk benefits of saltmarsh and mudflat restoration, dune management and beach nourishment is consolidating 
    • restoring salt marshes and mudflats offers significant environmental benefits including storing carbon 
    • there is emerging science on the flood reduction benefits of beavers, coastal reefs, and submerged aquatic vegetation – these are new additions to the directory

    Further details about the findings are available in the Working with natural processes research report and literature review.

    Quick guides for each of the 17 NFM measures covered in the evidence directory are included on the summaries page.

    Updates to this page

    Published 12 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Still time to get your tickets to Mayor’s fashionable fundraiser

    Source: City of Wolverhampton

    Charity Fashion and Fizz takes place at the Beacon Centre, Wolverhampton Road, on Tuesday 25 February. Doors open at 6pm and the fashion show, featuring over a dozen models, starts at 6.30pm.

    Tickets, which must be booked in advance, are available at Beacon Centre for the Blind and cost £15, including a glass of prosecco or alcohol free alternative on arrival. Clothing will be on sale on the night.

    All proceeds will go to the Mayor’s chosen charities, the Beacon Centre, Age UK Wolverhampton and Samaritans Wolverhampton.

    Mayor Councillor Leach said: “Join us for an unforgettable evening of style, fun and community as we come together to support good causes that truly make a difference.

    “This Charity Fashion and Fizz show is more than just a runway – it’s an opportunity to make a lasting impact. For only £15, you’ll experience a great charity fashion show using sustainable clothes from the Beacon’s amazing network of charity shops. Please come along and support these 3 fantastic local charities.”

    Beacon Centre Chief Executive Lisa Cowley added: “We’re absolutely thrilled to be hosting a fabulous fashion show on behalf of the Mayor of Wolverhampton here at the Beacon Centre.

    “It promises to be an evening full of style, all in support of some great causes. Whether you’re a fashion enthusiast or just looking for a fantastic night out, we’d love to welcome you. Come along, bring your friends, and let’s make it an event to remember!”

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Free and low-cost half term activities in Leeds

    Source: City of Leeds

    Leeds Valentine’s Fair at Millennium Square, Victoria Gardens and Cookridge Street

    The UK’s best known Valentine’s event returns to Leeds with a range of rides, attractions and games will be available for families and thrill seekers to enjoy.

    Friday 14 to Sunday 23 February, cost: free admission with individual admission fees for all rides and attractions.

    Find out more: Leeds Valentine’s Fair

    Sparkle and Shine at Temple Newsam House

    Visit the brand new Butler’s Pantry and celebrate all things sparkly and shiny at Temple Newsam!

    Saturday 15 and Tuesday 18 February, cost: included in general admission

    Find out more: Sparkle and Shine

    The Bug Bigrade at Leeds Discovery Centre

    Join for this free family workshop and explore Leeds Museums & Galleries’ amazing insect collection.

    Monday 17 February, cost: free

    Find out more: The Bug Bigrade

    Wrongsemble presents… ‘The Lost Property Library’ at Leeds libraries

    An interactive performance welcoming you to the Lost Property Library – a place where lost stories, memories, and objects come to be archived and kept safe.

    Monday 17 to Wednesday 19 February, cost: pay what you can

    Find out more: The Lost Property Library

    Who Do You See in the Gallery? at Leeds Art Gallery

    Have fun drawing people in this school holiday workshop in Artspace, Leeds Art Gallery’s relaxed, family friendly, creative studio space.

    Tuesday 18 to Friday 21 February, cost: free

    Find out more: What Do You See in the Gallery?

    Roller Skating at Kirkgate Market

    Take a spin with LS-TEN who will be doing guided roller-skating sessions. For ages 6+. Skates provided. No need to book, drop-in sessions.

    Tuesday 18 to Thursday 20 February, 11am to 3pm

    Find out more: Roller Skating at Kirkgate Market

    Miffy’s 70th birthday celebration at Leeds City Museum

    Celebrate Miffy’s 70th birthday at Leeds City Museum by experiencing the exhibition, trail, crafts, and workshops taking place over half term.

    All half term, cost: free

    Find out more: Exhibition, Trail, Crafts, Workshop

    Springtime Babies at Temple Newsam Home Farm

    Visit Home Farm as the farm team gear up for Spring and welcome their new born lambs, piglets and other farm animals!

    All half term, cost: free

    Find out more: Springtime Babies

    Love Birds at Lotherton

    Join the team at Lotherton for some feathered, family fun.

    All half term, cost: included in general admission

    Find out more: Love Birds

    Mystery Matinees at Leeds Industrial Museum

    Enjoy a family film in Leeds Industrial Museum’s mini cinema, the Palace Picture House.

    All half term, cost: included in general admission

    Find out more: Mystery Matinees

    Perfect Partners at Tropical World

    Help your little Explorers discover how our cute couples show their love for each other! Find out who likes to show off their dance moves, which animal changes colour and who loves to sing to their sweetheart.

    All half term, cost: free

    Find out more: Perfect Partners

    Superheroes at Royal Armouries Museum

    Experience an action-packed week of combat demos, special effects shows, catwalks, plus meet and greets with your favourite costumed characters.

    All half term, cost: free and paid activities

    Find out more: Superheroes

    Story Time at Abbey House Museum

    Are you sitting comfortably? Uncover a love of reading in this family-friendly exhibition. A playful look at children’s story telling and imagination, featuring younger children’s books, songs and games from the museum collections.

    All of 2025, cost: included in general admission

    Find out more: Story Time

    You can find out more about what’s happening this February half term by visiting Leeds Inspired.

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: Will COP29 deliver the trillions needed to tackle the man-made climate crisis?

    Source: United Nations MIL OSI b

    Climate and Environment

    The latest round of UN climate negotiations, COP29, opened this past Monday in Baku, Azerbaijan, following a year that broke multiple extreme heat records and saw widespread climate-driven chaos – from wildfires to destructive floods and hurricanes – hit nearly every corner of the world. A major increase in financial commitments to assist vulnerable countries in mitigating and adapting to climate impacts is the main goal of this year’s conference, which has been dubbed the “climate finance COP.”

    Can countries agree on a new climate finance target?

    The UN’s main climate science body, the Intergovernmental Panel on Climate Change (IPCC), has issued increasingly dire warnings about the accelerating pace of global warming. To limit temperature rise to 1.5°C above pre-industrial levels, substantial investments are needed in clean energy technologies, infrastructure, and adaptation measures.

    Developing countries, particularly small island nations and least developed countries, are disproportionately vulnerable to climate impacts like sea level rise, extreme weather events, and droughts. They require significant financial support to build resilience, transition to low-carbon economies, and compensate for loss and damage.

    The midway point at COP29 comes as leaders are heading to Brazil for next week’s G20 summit. 

    Round-the-clock negotiations in Baku on the always thorny topic of money are reportedly moving slowly. Delegates from developing nations are calling for more and faster progress on new funding for loss and damage and accelerated clean energy goals.

    Simon Stiell, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), which convenes the annual COP meetings, had a message for G20 leaders early on Saturday before they hopped on their planes for Rio de Janeiro:

    “Climate finance progress outside of [the UNFCCC process] is equally crucial, and the G20’s role is mission-critical…the global climate crisis should be order of business Number One, in Rio next week. The [G20] Summit must send crystal clear global signals. That more grant and concessional finance will be available; that further reform of multilateral development banks is a top priority, and G20 governments – as their shareholders and taskmasters – will keep pushing for more reforms.”

    Finally, the UN climate chief said that “in turbulent times and a fracturing world, G20 leaders must signal loud and clear that international cooperation is still the best and only chance humanity has to survive global heating. There is no other way.”

    Earlier in the week, Mr. Stiell gave a stark assessment of the stakes: Worsening climate change and the socioeconomic damage it inflicts mean “billions of people simply cannot afford for their government to leave COP29 without a global climate finance goal.”

    “So, for leaders here and back in capitals – make it clear that you expect a strong set of outcomes. Tell your negotiators – skip the posturing – and move directly to finding common ground,” he said.

    In his opening remarks on Tuesday to the World Leaders Climate Action Summit, UN Secretary-General António Guterres said that 2024 has been “a masterclass in climate destruction.” He emphasized the critical role of climate finance in addressing the crisis: “The world must pay up, or humanity will pay the price…climate finance is not charity, it’s an investment. Climate action is not optional, it’s an imperative.”

    Mr. Stiell later echoed this sentiment: “Let’s dispense with the idea that climate finance is charity. An ambitious new climate finance goal is entirely in the self-interest of every single nation, including the largest and wealthiest.”

    Beyond the $100 billion pledge

    In 2009 at the 15th Conference of UNFCCC Parties (COP15) in Copenhagen, developed countries committed to mobilizing $100 billion per year in climate finance by 2020. While this target was finally met in 2022, it has been criticized as insufficient and delayed.

    At COP29, negotiators are aiming to set a new, more ambitious target for climate finance. Developing countries are pushing for a significantly higher figure, potentially in the trillions of dollars per year. However, discussions on the exact amount and the modalities for delivering the funds remain contentious.

    An early breakthrough on carbon

    A significant breakthrough on the opening day at COP29 was the adoption of Article 6 of the Paris Agreement, paving the way for a UN-backed global carbon market. This market will facilitate the trading of carbon credits, incentivizing countries to reduce emissions and invest in climate-friendly projects.

    James Grabert, head of the Mitigation Division at UN Climate Change, the shorthand by which the UNFCCC secretariat is known, said that this historic agreement will provide countries with a “valuable tool” to meet their climate targets and drive sustainable development.

    With COP29 coming on the heels of presidential polls in the United States, impact of a new US Administration on global climate action has been on the minds of many in the corridors of Baku Centre.

    At a press conference, President Hilda Heine of the Marshall Islands and Ireland’s Environment Minister Eamon Ryan stressed that despite worries about a US withdrawal from the Paris Agreement, the combat against climate change is a global effort that requires global cooperation towards a better economy for all. The two leaders also cited the ongoing progress by states and cities as reasons for hope.

    UNFCCC/Kiara Worth

    Around the clock negotiations are underway at COP29 in Baku, Azerbaijan, on a new global climate finance deal.

    A just transition, not a ‘stampede of greed’

    Before heading to the G20 summit in Brazil, Mr. Guterres held several climate-related meetings, including one on critical minerals essential for renewable energy technologies like solar panels, wind turbines, and electric vehicles.

    These minerals, such as copper, lithium, nickel, cobalt, and rare earth elements, are crucial for the transition away from fossil fuels, with demand expected to triple by 2030.

    Many of these minerals are found in Africa, which could benefit financially. However, there’s concern about a “resource curse,” where countries where these resources are located don’t benefit.

    Mr. Guterres emphasized managing demand without triggering a “stampede of greed” that exploits and crushes the poor but instead ensures local communities benefit.

    Dario Liguti from the UN Economic Commission for Europe (UNECE) also highlighted the need for “sustainable exploitation of these minerals”, especially in emerging markets, to protect the environment and support local communities. In April, the UN chief formed a High-Level Panel to ensure countries and communities with these resources benefit the most.

    © UN Office for Partnerships

    Youth activism and climate justice

    Young people around the world are increasingly demanding climate action and climate justice. They are calling on governments and businesses to take bold steps to reduce emissions, protect vulnerable communities, and create a sustainable future for all.

    After meeting with youth representatives and climate advocates at COP29, the Secretary-General posted on social media that he understood their frustrations: “You have every right to be angry. I am angry too…because we are on the verge of the climate abyss, and I don’t see enough urgency or political will to address the emergency.”

    Basmallah Rawash, a Climate Activist with Care About Climate, said, “We are not the ones that are supposed to carry the burden of mitigation. We are not the ones who have caused this, but we are the ones that will carry the burden of the biggest struggle at the moment.”

    The decisions made in Baku will have far-reaching consequences for generations to come. It is imperative that negotiators reach an ambitious agreement that delivers the finance needed to build a resilient and low-carbon future for all.

    Stay tuned to UN News! Our team in Baku will be following the action through the end of next week.

    Want to know more? Check out our special events page, where you can find all our coverage of COP29, including stories and videos, explainers and our newsletter.

    MIL OSI United Nations News –

  • MIL-OSI Video: UK Prime Minister’s Questions (PMQs) – 12 February 2025

    Source: United Kingdom UK Parliament (video statements)

    Watch PMQs with British Sign Language (BSL) – https://youtube.com/live/TkPeopL_z9M

    Prime Minister’s Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister.

    In most cases, the session starts with a routine ‘open question’ from an MP about the Prime Minister’s engagements. MPs can then ask supplementary questions on any subject, often one of current political significance.

    The Leader of the Opposition, Kemi Badenoch MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime Minister, opposition parties will usually nominate a shadow minister to ask the questions.

    Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on:

    Twitter: https://www.twitter.com/HouseofCommons
    Facebook: https://www.facebook.com/ukhouseofcommons
    Instagram: https://www.instagram.com/ukhouseofcommons

    https://www.youtube.com/watch?v=GVPN8q_Hb0M

    MIL OSI Video –

  • MIL-OSI Video: UK Prime Minister’s Questions with British Sign Language (BSL) – 12 February 2025

    Source: United Kingdom UK Parliament (video statements)

    Prime Minister’s Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister.

    In most cases, the session starts with a routine ‘open question’ from an MP about the Prime Minister’s engagements. MPs can then ask supplementary questions on any subject, often one of current political significance.

    The Leader of the Opposition, Kemi Badenoch MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime Minister, opposition parties will usually nominate a shadow minister to ask the questions.

    Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on:

    Twitter: https://www.twitter.com/HouseofCommons
    Facebook: https://www.facebook.com/ukhouseofcommons
    Instagram: https://www.instagram.com/ukhouseofcommons

    https://www.youtube.com/watch?v=TkPeopL_z9M

    MIL OSI Video –

  • MIL-OSI Europe: EU external borders: Irregular border crossings fall 22% in January

    Source: Frontex

    The number of irregular border crossings into the European Union fell to just over 13 400 in January, marking a 22% decrease compared to the same month last year.

    Despite this overall decline, the Central Mediterranean route saw an increase in activity, although the increase also highlights the very low figure a year ago.

    Despite a 34% decline from a year ago, the Western African remained the most active migratory route with 4 740 of arrivals in the first month of 2025. The largest share of the irregular migrants came from Mali, Morocco and Guinea.

    In January, the Eastern Mediterranean was the second most active route for arrivals in the European Union, with almost 3 500 arrivals. Yet it recorded a 21% decrease in detections compared to the same month last year.

    The Central Mediterranean route saw the biggest rise in arrivals of 43% (year-on-year) to 3 275.

    The sea crossings, usually orchestrated by organised criminal networks, continue to pose an extreme danger to migrants. The International Organization for Migration (IOM) estimates that 93 people lost their lives at sea in January. In all of last year, this figure reached 2 300, underscoring the tragic human cost of these hazardous routes.

    On the Channel route, the number of detections of people seeking to cross into the United Kingdom fell by more than a fifth from a year ago to slightly above 2 500.

    The latest data reflect shifting migration trends compared to last year. As authorities work to address these evolving challenges, monitoring and cooperation remain key in managing Europe’s external borders.

    With 2 700 officers and staff deployed along the EU external borders, Frontex supports the national authorities with their efforts to safeguard the European borders.

    * Note: The preliminary data presented in this statement refer to the number of detections of irregular border crossing at the external borders of the European Union. The same person may cross the border several times in different locations at the external border.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: Career changer thanks Teach Portsmouth for employment success

    Source: City of Portsmouth

    A career changer who moved from the hospitality sector to education has shared her journey into the profession thanks to a Teach Portsmouth event.

    Teach Portsmouth, a Portsmouth City Council service is set to host the city’s largest education recruitment fair on Wednesday 26 February from 10am – 2pm at Guildhall.

    The Teach Portsmouth Jobs and Opportunities Fair invites people to meet schools, academies, colleges, training providers and employment specialists.

    Arianna Marino attended the Teach Portsmouth Jobs and Opportunities Fair 2024 and met the Community Learning Service. The service supports individuals to learn new skills through training. With Arianna’s child starting school, she had the time to pursue a new career. Arianna said:

    “The Community Learning Service has offered guidance on the steps I needed to take to transition into the education sector. I have completed several training courses. Every course I’ve completed has not only enhanced my skills but also improved my confidence.

    “The event has given me access to resources, advice, and opportunities I would not have discovered otherwise. It helped me visualise a future in education and set realistic steps to become a teaching assistant.

    “For anyone who is wanting to attend a Teach Portsmouth event, my advice would be simple: go for it! It is a fantastic opportunity to explore new career paths, meet supportive professionals, and gain clarity about your goals.”

    Arianna has completed a range of courses including maths and English refreshers alongside education specific training.

    Cllr Steve Pitt, Leader of Portsmouth City Council, said:

    “The Teach Portsmouth Jobs and Opportunities Fair welcomed over 300 people last year to discover careers in the classroom. The event connects the community with employers to explore career paths, gain valuable insights and match up with training providers.

    “Recruitment fairs can act as an important first step if you are new to the profession or can reinforce aspirations you already have. The jobs fair is a one-stop shop for all things education, and I would recommend those interested to attend.”

    For those who need to build confidence before applying for a job, people can sign up to a taster session at the event.

    The scheme allows attendees to visit a participating school or college, meet staff and learn more about their employment opportunities.

    Attendees can also visit the opportunities room throughout the day. The room offers a range of presentations from local experts providing advice on writing job applications, interview techniques, how to become a teaching assistant and teacher training routes.

    Registration is now open for the Teach Portsmouth Jobs and Opportunities Fair. For more information and to get a ticket, visit www.teachportsmouth.co.uk/jobsfair.

    MIL OSI United Kingdom –

  • MIL-OSI: Notice of the Annual General Meeting of WithSecure Corporation

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, Stock Exchange Release, 12 February 2025, 10:00 EET

    Notice of the Annual General Meeting of WithSecure Corporation                                                   

    The shareholders of WithSecure Corporation are invited to the Annual General Meeting, which will be held on Tuesday, 18 March 2025 starting at 3:00 p.m. EET.

    The meeting will be held as a hybrid meeting in accordance with chapter 5, section 16(2) of the Finnish Limited Liability Companies Act (624/2006, as amended, the ‘Companies Act’), so that shareholders may exercise their shareholder rights fully during the meeting either via remote connection or at the meeting venue at event venue Bysa in Clarion Hotel Helsinki at the address Tyynenmerenkatu 2, 00220 Helsinki. Shareholders may also exercise their voting rights by voting in advance.

    The reception of persons who have registered for the meeting and the pre-meeting coffee service will commence at the meeting venue at 2:15 p.m. EET. The participants of the General Meeting are welcome to enjoy meeting refreshments before the meeting. Instructions concerning participation via remote connection are provided in section C. 2. of this notice and instructions concerning advance voting in section C. 3.

    After the meeting, the participants of the General Meeting have the opportunity to participate in guided tours at the Museum of Malware Art and the new office premises, both of which are located at the Company headquarters at the address Välimerenkatu 1, 00180 Helsinki.

    A. Matters on the agenda of the General Meeting

    1. Opening of the meeting

    2. Calling the meeting to order

    3. Election of the person to scrutinise the minutes and to supervise the counting of votes

    4. Recording the legality of the meeting

    5. Recording the attendance at the meeting and adoption of the list of votes

    6. Presentation of the annual accounts, the consolidated annual accounts, the report of the Board of Directors as well as the auditor’s report and the assurance report on sustainability reporting for the year 2024

    The CEO will give a review of the year 2024 and tell about the Company’s prospects for the year 2025.

    WithSecure Corporation’s annual review, including WithSecure Corporation’s annual accounts, consolidated annual accounts, report of the Board of Directors as well as the auditor’s report and the assurance report on sustainability reporting, shall be available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance as of 12 February 2025.

    7. Adoption of the annual accounts and the consolidated annual accounts

    The Board of Directors proposes that the General Meeting adopts the annual accounts and the consolidated annual accounts for the financial year 1 January 2024–31 December 2024.

    8. Resolution on the use of the loss shown on the balance sheet and the distribution of dividend

    The Company’s dividend policy is to pay approximately half of its profits as dividends. Subject to circumstances, the Company may deviate from this policy. On 31 December 2024, WithSecure Corporation’s distributable funds totalled EUR 77.5 million of which the net result for the financial year was EUR -44.0 million. No material changes have taken place in the Company’s financial position after the end of the financial period.

    The Board of Directors proposes that no dividend will be paid for 2024 due to the loss-making result of the year. The Company will focus on funding its growth and developing the business. The net loss for the year is retained in the shareholders’ equity.

    9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability

    10. Consideration of the remuneration policy for governing bodies

    The previous specified version of the remuneration policy has been considered and approved as an advisory resolution by the Annual General Meeting on 24 March 2021.

    The remuneration policy for governing bodies shall be available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance as of 12 February 2025 at the latest.

    11. Consideration of the remuneration report for governing bodies

    The remuneration report for governing bodies shall be available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance on 12 February 2025 at the latest.

    12. Resolution on the remuneration of the members of the Board of Directors

    The Board of Directors proposes upon recommendation of the Personnel Committee that the annual remuneration of the Board of Directors shall remain unchanged and be paid as follows: EUR 80,000 for the Chairman of the Board of Directors, EUR 48,000 for the Committee Chairmen, EUR 38,000 for the members of the Board of Directors and EUR 12,667 for a member of the Board of Directors employed by the Company. Approximately 40% of the annual remuneration be paid as the Company’s shares acquired on the Board members’ behalf. The commission for acquiring the Company shares will be given immediately after the publication of the interim report for the period 1 January–31 March 2025. The Company will be responsible for the possible transaction costs and possible transfer tax levied in connection with purchase of the shares.

    According to the proposal, the travel expenses and other costs of the members of the Board of Directors directly related to board work are paid in accordance with the Company’s compensation policy in force from time to time. Each member of the Board of Directors is paid a predetermined travel fee in addition to travel expenses for meetings held outside their country of residence in accordance with the Company’s travel policy in force from time to time. According to the travel policy, a separate travel fee of EUR 1,000 is paid to the members of the Board of Directors who travel from another European country to attend an on-site meeting. The travel fee is EUR 2,000 for intercontinental travel. No separate travel fee is paid to a member of the Board of Directors employed by the Company. In addition, the Chairman of the Board of Directors is offered assistant and administrative services.

    13. Resolution on the number of members of the Board of Directors

    The Board of Directors proposes upon recommendation of the Personnel Committee that the number of members of the Board of Directors be seven (7).

    14. Election of members of the Board of Directors

    The Board of Directors proposes upon recommendation of the Personnel Committee that Risto Siilasmaa, Amanda Bedborough, Niilo Fredrikson, Ciaran Martin, and Tuomas Syrjänen are to be re-elected as ordinary members of the Board of Directors and that Mervi Kerkelä-Hiltunen and Artturi Lehtiö, who is employed by WithSecure Corporation, are to be elected as new members of the Board of Directors. Of the current Board members, Harri Ruusinen and Kirsi Sormunen have stated that they will no longer be available as Board members.

    The Board member candidates’ CVs and assessments of independence are available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance.

    15. Resolution on the remuneration of the auditor

    The Board of Directors proposes upon recommendation of the Audit Committee that the remuneration to the auditor be paid in accordance with the approved invoice.

    16. Election of the auditor

    The Board of Directors proposes upon recommendation of the Audit Committee that audit firm PricewaterhouseCoopers Oy be re-elected as auditor of the Company. PricewaterhouseCoopers Oy has stated that Mr Jukka Karinen, APA, will act as the responsible auditor.

    17. Resolution on the remuneration of the authorised sustainability auditor

    The Board of Directors proposes upon recommendation of the Audit Committee that the remuneration of the authorised sustainability auditor be paid in accordance with the approved invoice.

    18. Election of the authorised sustainability auditor

    The Board of Directors proposes upon recommendation of the Audit Committee that PricewaterhouseCoopers Oy be elected as the Company’s authorised sustainability auditor. PricewaterhouseCoopers Oy has stated that Mr Jukka Karinen, ASA, will act as the responsible authorised sustainability auditor.

    19. Authorising the Board of Directors to resolve on the repurchase of the Company’s own shares

    The Board of Directors proposes that the General Meeting authorise the Board of Directors to resolve upon the repurchase of a maximum of 17,609,870 of the Company’s own shares in total. The proposed maximum amount equals to approximately 10% of all the shares in the Company, in one or several tranches with the Company’s unrestricted equity.

    The authorisation entitles the Board of Directors to resolve on the repurchase also in deviation from the proportional holdings of the shareholders (directed repurchase). The authorisation comprises the repurchase of shares either in the public trading or otherwise in the market at the trading price determined for the shares in public trading on the date of purchase, or with a purchase offer to the shareholders, in which case the repurchase price must be the same for all shareholders. The Company’s own shares shall be repurchased to be used for carrying out acquisitions or implementing other arrangements related to the Company’s business or for optimising the Company’s capital structure, to be used as part of the implementation of the Company’s incentive scheme or otherwise to be transferred further or cancelled. The authorisation includes the right of the Board of Directors to resolve on all other terms related to the repurchase of the Company’s own shares.

    The Board of Directors proposes that the authorisation be valid until the conclusion of the next Annual General Meeting, in any case no later than until 30 June 2026. The Board of Directors proposes that this authorisation terminate the authorisation given to the Board of Directors by the Annual General Meeting of 20 March 2024 concerning the repurchase of the Company’s own shares.

    20. Authorising the Board of Directors to resolve on the issuance of shares as well as the issuance of options and other special rights entitling to shares

    The Board of Directors proposes that the General Meeting authorise the Board of Directors to resolve on the issuance of a maximum of 17,609,870 shares in total through a share issue as well as by issuing options and other special rights entitling to shares pursuant to chapter 10, section 1 of the Companies Act in one or several tranches. The proposed maximum number of the shares corresponds to approximately 10% of all shares in the Company.  The authorisation concerns both the issuance of new shares and the transfer of treasury shares held by the Company.

    The authorisation entitles the Board of Directors to resolve on all terms related to the share issue as well as the issuance of options and other special rights entitling to shares. The issuance of shares may be carried out in deviation from the shareholders’ pre-emptive subscription right (directed issue). The authorisation may be used for potential acquisitions or other arrangements, for share-based incentive schemes or otherwise for purposes resolved by the Board of Directors. Of the authorisation, a maximum of 2,000,000 shares may be used as part of the above-mentioned share-based incentive schemes, which corresponds to approximately 1% of all shares in the Company.

    The Board of Directors proposes that the authorisation be valid until the conclusion of the next Annual General Meeting, in any case no later than until 30 June 2026. The Board of Directors proposes that this authorisation terminate the authorisation given to the Board of Directors by the Annual General Meeting of 20 March 2024 concerning the issuance of shares as well as the issuance of options and other special rights entitling to shares.

    21. Closing of the meeting

    B. Documents of the General Meeting

    The resolution proposals for the matters on the agenda of the General Meeting mentioned above and this notice are available on WithSecure Corporation’s website at www.withsecure.com/en/about-us/investor-relations/governance. WithSecure Corporation’s annual review including the Company’s annual accounts, consolidated annual accounts, the report of the Board of Directors as well as the auditor’s report and the assurance report on sustainability reporting, as well as the remuneration policy and remuneration report for WithSecure Corporation’s governing bodies are available on said website 12 February 2025 at the latest. The resolution proposals and other documents mentioned above will also be made available at the General Meeting.

    The minutes of the General Meeting will be available on the above-mentioned website at the latest on 1 April 2025.

    C. Instructions for the participants in the General Meeting

    1. Shareholders registered in the shareholders’ register

    Each shareholder who is registered on 6 March 2025, the record date of the General Meeting, in the shareholders’ register of the Company held by Euroclear Finland Oy, has the right to participate in the General Meeting. A shareholder whose shares are registered on the shareholder’s Finnish book-entry account is registered in the shareholders’ register of the Company.

    Changes in shareholding after the record date of the General Meeting do not affect the right to participate in the General Meeting or the number of voting rights.

    Registration for the General Meeting begins on 13 February 2025 at 10:00 a.m. EET. A shareholder whose shares are registered on the shareholder’s Finnish book-entry account and who wishes to participate in the meeting must register for the meeting at the latest on 11 March 2025 at 4:00 p.m. EET, by which time the notice of participation must be received by the Company. Shareholders can register for the meeting by one of the following means:

    1. Online through the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance. Online registration requires strong electronic identification from the shareholder or the shareholder’s statutory representative or proxy representative using Finnish, Swedish or Danish online banking credentials or a mobile certificate.
    2. By email to the address agm@innovatics.fi or by mail to the address Innovatics Ltd, General Meeting/WithSecure Corporation, Ratamestarinkatu 13 A, 00520 Helsinki. The registering shareholder must include in the registration the registration form and advance voting form available on the Company’s website www.withsecure.com/en/about-us/investor-relations/governance or equivalent information.

    The requested information, such as the shareholder’s name, date of birth or business ID, contact information as well as the name of the shareholder’s possible assistant and/or proxy representative and date of birth of proxy representative as well as telephone number and/or email address of proxy representative must be provided in connection with the registration. The personal data disclosed by the shareholders to WithSecure Corporation or Innovatics Ltd will only be used in connection with the General Meeting and the processing of related necessary registrations.

    It must also be stated in connection with the registration whether the shareholder or the shareholder’s proxy representative will participate in the General Meeting at the meeting venue or via remote connection. Instructions concerning remote participation are provided in section C. 2. of these instructions.

    Upon request, shareholders, their representatives, or proxy representatives must be able to prove their identity and/or right of representation at the meeting venue.

    Additional information on registration, remote participation and advance voting is available by telephone at +358 10 2818 909 during the registration period of the General Meeting between 9:00 a.m. and 12:00 p.m. EET and between 1:00 p.m. and 4:00 p.m. EET on weekdays.

    2. Remote participation in the meeting

    Shareholders who have the right to participate in the General Meeting may participate in the meeting and exercise their shareholder rights fully during the meeting either at the meeting venue or via remote connection.

    A notice given by shareholders or proxy representatives that they will participate in the General Meeting via remote connection is binding, and after the end of the registration period the shareholders or proxy representatives do not have the right to change their means of participation or participate in the meeting at the meeting venue. However, a notice of participation via remote connection given by a shareholder’s proxy representative does not limit the right of the shareholder’s other proxy representatives to participate in the meeting at the meeting venue.

    The remote connection to the General Meeting will be implemented through Inderes Oyj’s virtual AGM service using the Videosync platform, which includes video and audio access to the General Meeting. Using the remote connection does not require software or downloads subject to a charge. In addition to an internet connection, participation requires a computer, smartphone or tablet with speakers or headphones for audio playback as well as a microphone for oral questions and comments. The following browsers are recommended for remote participation: Chrome, Firefox, Edge, Safari, or Opera. Shareholders are responsible for their internet connections and devices during the meeting. In order to prepare for technical failures, it is recommended that shareholders who participate in the meeting remotely vote in advance.

    The participation link and password for remote participation will be sent by email and/or SMS to the email address and/or mobile phone number provided in connection with the registration by the day before the meeting, 17 March 2025 at the latest. It is recommended to log in to the meeting system in good time before the meeting starts.

    For more information on the AGM service, additional instructions for proxy holders representing more than one shareholder, contact details and instructions of the service provider in case of possible disruptions, please visit https://vagm.fi/support and a link to test the compatibility of your computer, smartphone or tablet with the internet connection can be found at https://b2b.inderes.com/fi/knowledge-base/yhteensopivuuden-testaaminen. It is recommended to consult the detailed attendance instructions before the start of the General Meeting.

    3. Advance voting

    A shareholder whose shares are registered on the shareholder’s Finnish book-entry account can vote in advance on certain matters on the agenda between 13 February 2025 at 10:00 a.m. EET and 11 March 2025 at 4:00 p.m. EET in the following ways:

    1. Online through the service available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance. Shareholders can sign into the advance voting service the same way as to the online registration service referred to above in section C. 1. a) of these instructions.
    2. By email or mail by sending the advance voting form available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance or corresponding information to Innovatics Ltd, by email to the address agm@innovatics.fi or by mail to the address Innovatics Ltd, General Meeting/WithSecure Corporation, Ratamestarinkatu 13 A, 00520 Helsinki. Advance votes must be received before the advance voting period ends.

    A proposed resolution that is subject to advance voting is considered to be presented unchanged in the General Meeting, and the advance votes are taken into account in a vote at the real-time General Meeting also in circumstances where an alternative resolution has been proposed concerning the matter. Taking the votes into account requires that the shareholders who voted in advance are registered in the Company’s shareholders’ register maintained by Euroclear Finland Oy on the record date of the General Meeting. Sending the votes in advance by mail or email so that they are received before the end of the time limit of the registration and advance voting period constitutes registration for the General Meeting, provided that the shareholder’s notice of participation includes the above information required for registration. Unless shareholders voting in advance participate at the General Meeting at the meeting venue in person or by way of proxy representation or participate in the General Meeting via remote connection, they will not be able to use their rights under the Companies Act to request information or a vote.

    Holders of nominee registered shares can vote in advance through their account operators. Account operators can vote in advance on behalf of the holders of nominee registered shares they represent in accordance with the shareholders’ voting instructions during the registration period applicable to holders of nominee registered shares.

    4. Holder of nominee registered shares

    A holder of nominee registered shares has the right to participate in the Annual General Meeting by virtue of such shares, based on which the holder of nominee registered shares on the record date of the General Meeting, 6 March 2025, would be entitled to be registered in the shareholders’ register of the Company held by Euroclear Finland Oy. In addition, the right to participate requires that the holder of nominee registered shares be temporarily entered into the shareholders’ register held by Euroclear Finland Oy based on these shares at the latest by 13 March 2025 at 10:00 a.m. EET. As regards nominee registered shares, this constitutes due registration for the General Meeting. Changes in shareholding after the record date of the General Meeting do not affect the right to participate in the General Meeting or the number of voting rights.

    A holder of nominee registered shares is advised to request in good time the necessary instructions regarding the temporary registration in the shareholders’ register of the Company, the issuing of proxy documents and voting instructions, registration for the General Meeting, and advance voting from such shareholder’s custodian bank. The account management organisation of the custodian bank shall temporarily register a holder of nominee registered shares who wishes to participate in the General Meeting into the shareholders’ register of the Company at the latest by the time stated above. When necessary, the account management organisation of the custodian bank shall also arrange advance voting on behalf of the holder of nominee registered shares before the end of the registration period applicable to holders of nominee registered shares.

    A holder of nominee registered shares who has registered for the General Meeting may participate in the General Meeting at the meeting venue or via remote connection. Remote participation requires temporary entry into the shareholders’ register held by Euroclear Finland Oy and submission of an email address and telephone number of the holder of nominee registered shares by email to the address agm@innovatics.fi by mail to the address Innovatics Ltd, General Meeting/WithSecure Corporation, Ratamestarinkatu 13 A, 00520 Helsinki before the registration period applicable to holders of nominee registered shares ends so that an attendance link and password can be sent to the holder of nominee registered shares for participating in the General Meeting remotely.

    5. Proxy representative and powers of attorney

    A shareholder may participate in the General Meeting and exercise the shareholder rights at the meeting by way of proxy representation. The proxy representative may also vote in advance in the manner instructed in section C. 3. of these instructions.

    The proxy representative shall produce a dated proxy document or power of attorney or otherwise in a reliable manner demonstrate such representative’s right to represent the shareholder at the General Meeting. If a shareholder participates in the General Meeting by means of several proxy representatives representing the shareholder with shares in different book-entry accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration for the General Meeting. 

    A proxy template is available on the Company’s website at www.withsecure.com/en/about-us/investor-relations/governance.

    Possible proxy documents are to be delivered primarily as an attachment in connection with the electronic registration, or alternatively by email to Innovatics Ltd to the address agm@innovatics.fi or by mail to the address Innovatics Ltd, General Meeting/WithSecure Corporation, Ratamestarinkatu 13 A, 00520 Helsinki before the end of the registration period, by which time the proxy documents must be received. WithSecure Corporation may, if it so wishes, demand original proxy documents if regarded necessary by the Company.

    In addition to submitting a proxy document, shareholders or their proxy representatives shall ensure that they register for the General Meeting in the manner described above in section C. 1. of these instructions.

    If a proxy representative represents more than one shareholder at the General Meeting, it is recommended to vote in advance. Even if the proxy representative represents more than one shareholder at the General Meeting either at the meeting venue or via remote connection, only one attendance link and password will be provided to the proxy representative for all shareholders the proxy representative represents. The proxy representative will therefore not need to log into the service separately on behalf of each shareholder but shall ensure the exercise of shareholders’ rights by voting on behalf of each shareholder separately.

    A shareholder may authorise a proxy representative by using the Suomi.fi e-authorisation service as an alternative to a traditional proxy document. The proxy representative is authorised via the Suomi.fi service at www.suomi.fi/e-authorizations (authorisation for ‘Representation at the General Meeting’). When registering for the General Meeting service, the proxy representative must identify themselves by using strong electronic identification, after which the proxy representative can register and vote in advance on behalf of the shareholder the proxy representative represents. Strong electronic identification requires a Finnish bank ID or mobile certificate. For more information on e-authorisation, please see www.suomi.fi/e-authorizations.

    6. Other instructions and information

    The language of the General Meeting is Finnish.

    A shareholder present at the meeting has the right to ask questions referred to in chapter 5, section 25 of the Companies Act with respect to the matters to be considered at the General Meeting.

    On the date of this notice, Wednesday, 12 February 2025, the total number of shares in WithSecure Corporation is 176,098,739 shares, which represent an equal number of votes. On the date of this notice, the Company holds 81,890 treasury shares. Treasury shares do not produce any rights in the Company and do therefore not entitle to participation in the General Meeting.

    Helsinki, 12 February 2025

    WITHSECURE CORPORATION 
    Board of Directors

    Contact information:

    Tiina Sarhimaa, Chief Legal Officer
    WithSecure Corporation

    Laura Viita
    VP, Controlling, Investor relations and Sustainability
    WithSecure Corporation
    +358 50 487 1044
    investor-relations@withsecure.com

    The MIL Network –

  • MIL-OSI: JLT Mobile Computers AB (publ) publishes 2024 Year-end report

    Source: GlobeNewswire (MIL-OSI)

    Växjö, Sweden, 12 February 2025 * * * JLT Mobile Computers, a leading supplier of rugged computers for demanding environments, today publishes its Year-end report for the full year 2024.

    Summary of key figures

    • Order intake MSEK 103.0 (135.4)
    • Net revenues MSEK 118.4 (158.8)
    • EBITDA MSEK -2.1 (4.8)
    • Depreciation and amortization of development expenses MSEK -8.1 (-2.5)
    • Operating profit MSEK -9.7 (1.9)
    • Profit after taxes MSEK -7.7 (1.6)
    • Cashflow +6.8 (-21.5)
    • No dividend is proposed (SEK 0.00)

    In short

    • Challenging macroeconomic and geopolitical conditions resulted in lower-than-normal demand for JLT products, a rough year for JLT as well as for many other industry colleagues where reports of layoffs and closures occurred.
    • Order intake for the year amounted to MSEK 103 compared to MSEK 135 last year, and sales amounted to MSEK 118, a decrease from MSEK 159 last year.
    • Starting to see a recovery in the market – several major deals booked in the US during the first quarter of 2025, of which one for a leading American food producer to a value of MSEK 22 plus service agreements (press release 2025-01-10). The total order intake in Q1 2025 so far exceeds MSEK 40.
    • To create a more cost-effective and market-adapted structure that enables efficient management and customer-driven development of JLT’s software solutions, the operations of the subsidiary JLT Software Solutions AB have been discontinued (press release 2025-01-17). Capitalized development expenses in the company have been written down and, together with other discontinuation costs, impact the group’s results in the fourth quarter by MSEK 5.0, of which MSEK 1.2 affects cash flow. Software development, including the JLT Insights product, has been integrated with the group’s other product development.
    • Development expenses related to Android have been written down by MSEK 1.7, as the product’s sales did not develop as expected.
    • In 2024, organizational and R&D costs were reduced by MSEK 5.4, despite one-time costs of MSEK 1.2. EBITDA ended at MSEK -2.1, compared to MSEK 4.8 the previous year. For 2025, the mentioned measures are expected to provide additional savings of MSEK 1.5 and reduce amortization of development expenses to MSEK 0.5 compared to MSEK 8.1 for 2024.
    • The core products in JLT’s VERSO and JLT1214™ series have been upgraded with new processors and new technology during the year to maintain JLT’s strong market position (press release 2024-06-13: VERSO and press release 2024-10-22: JLT1214).
    • In October, a senior marketing manager with extensive industry experience was recruited to JLT’s American subsidiary to lead marketing and partner strategy in the USA (press release 2024-10-15).
    • The organization in the French subsidiary, JLT France, has been expanded with a salesperson, and a planned generational shift in leadership has been carried out (press release 2024-10-01).
    • As a result of strategic measures implemented during 2024, inventory was reduced by 6.9 MSEK. Cash flow was positively impacted, and JLT added 6.8 MSEK to its cash reserves. Inventory is expected to be gradually reduced further during 2025.
    • 2024 marked an important milestone for JLT, celebrating 30 years as an innovator of rugged computer solutions (press release 2024-12-12). Since its inception in 1994, JLT has been part of the extensive transformation that the rugged IT solutions industry has undergone.        

    The full interim report is attached to this press release and available for download at the company’s website, jltmobile.com. Additional financial information is available online on JLT’s investor pages.

    This information is information that JLT Mobile Computers AB (pub) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out below, at 08:00 pm CET on Wednesday, February 12, 2025.

    About JLT Mobile Computers

    JLT Mobile Computers is a leading supplier of rugged mobile computing devices and solutions for demanding environments. 30 years of development and manufacturing experience have enabled JLT to set the standard in rugged computing, combining outstanding product quality with expert service, support and solutions to ensure trouble-free business operations for customers in warehousing, transportation, manufacturing, mining, ports and agriculture. JLT operates globally from offices in Sweden, France, and the US, complemented by an extensive network of sales partners in local markets. The company was founded in 1994, and the share has been listed on the Nasdaq First North Growth Market stock exchange since 2002 under the symbol JLT. Eminova Fondkommission AB acts as Certified Adviser. Learn more at jltmobile.com.

    Attachment

    The MIL Network –

  • MIL-OSI: New Sampo shares issued in the share split registered with the Finnish Trade Register

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 12 February 2025 at 8:30 am EET

    New Sampo shares issued in the share split registered with the Finnish Trade Register

    Sampo plc announced on 5 February 2025 the resolution by the Board of Directors of Sampo on a share split by way of a share issue without consideration in proportion to shares owned by shareholders. The new Sampo A and B shares are issued to shareholders in proportion to their existing holdings on the record day of the share issuance on 12 February 2025, so that four (4) new A shares are issued for each existing A share and four (4) new B shares are issued for each existing B share. After the share split, shareholders will have five Sampo shares for each old existing Sampo share. The new shares have been registered with the Finnish Trade Register today, 12 February 2025.

    In total, 2,152,191,088 new Sampo A shares and 800,000 new B shares were issued in the share split. Following the registration of the new shares, Sampo’s total share count amounts to 2,691,238,860 shares. The total number of A shares is 2,690,238,860 and the total number of votes attached to these shares is 2,690,238,860. The total number of B shares is 1,000,000 and the total number of votes attached to the shares is 5,000,000.

    Trading in the new A shares on Nasdaq Helsinki, Nasdaq Stockholm (in the form of Swedish depository receipts) and Nasdaq Copenhagen (in the form of share entitlements) is expected to commence on or about 13 February 2025. However, the new Swedish depository receipts are expected to be available on the accounts in Euroclear Sweden on or about 14 February 2025. The share split does not require any action from shareholders nor holders of Swedish depository receipts. The share split will not affect Sampo’s ISIN codes.

    SAMPO PLC
    Investors Relations and Group Communications

    For further information, please contact:

    Sami Taipalus
     Head of Investor Relations
    tel. +358 10 516 0030

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    FIN-FSA
    The principal media
    www.sampo.com

    The MIL Network –

  • MIL-OSI: Year End Report 2024

    Source: GlobeNewswire (MIL-OSI)

    Highlights

    • The Company added a total of 50 GWh of annual long-term proportionate power generation through acquisitions in 2024, reflecting a five percent increase in long-term power generation, of which 20 GWh was added in the fourth quarter.
    • Power generation amounted to 907 GWh for the year, in line with the updated outlook, and power generation of 287 GWh during the fourth quarter marks the Company’s highest ever quarterly production.
    • Reached the ready-to-permit milestone for the Company’s first large-scale project in the UK, a 1.4 GW solar and 500 MW battery project, and initiated a sales process to assess divestment options.
    • Achieved carbon neutrality for Scope 1 and 2 carbon emissions.

    Consolidated financials – 12 months

    • Cash flows from investing activities amounted to MEUR 32.6 and was positively impacted by the sale of the Leikanger hydropower plant in the second quarter.
    • Cash flows from operating activities amounted to MEUR -6.3.

    Proportionate financials – 12 months

    • Achieved electricity price amounted to EUR 34 per MWh, which resulted in a proportionate EBITDA of MEUR 7.0.
    • Proportionate net debt of MEUR 65.0, with significant liquidity headroom available through the MEUR 170 revolving credit facility.

    Financial Summary

    Orrön Energy owns renewables assets directly and through joint ventures and associated companies and is presenting proportionate financials to show the net ownership and related results of these assets. The purpose of the proportionate reporting is to give an enhanced insight into the Company’s operational and financial results.

    Expressed in MEUR

    		 1 Jan 2024-
    31 Dec 2024
    12 months    		 1 Oct 2024-
    31 Dec 2024
    3 months    		 1 Jan 2023-
    31 Dec 2023
    12 months    		 1 Oct 2023-
    31 Dec 2023
    3 months
    Consolidated financials        
    Revenue 25.7 7.1 28.0 8.4
    EBITDA -1.6 -2.5 -5.1 -0.9
    Operating profit (EBIT) -17.5 -6.3 -17.0 -4.4
    Net result -13.3 -6.6 -7.6 8.0
    Earnings per share – EUR -0.05 -0.02 -0.03 0.03
    Earnings per share diluted – EUR -0.05 -0.02 -0.03 0.03
    Proportionate financials1        
    Power generation (GWh) 907 287 765 226
    Average price achieved per MWh – EUR 34 30 47 43
    Operating expenses per MWh – EUR 17 14 18 16
    Revenue 30.7 8.7 36.2 9.6
    EBITDA 7.0 0.1 5.3 1.3
    Operating profit (EBIT) -12.9 -4.8 -11.0 -3.2

    1 Proportionate financials represent Orrön Energy’s proportionate ownership (net) of assets and related financial results, including joint ventures. For more details see section Key Financial Data in the Year End Report 2024.

    Comment from Daniel Fitzgerald, CEO of Orrön Energy AB
    “2024 marks another year of good progress despite challenging market conditions. We added around 50 GWh of long-term annual power generation through value-accretive acquisitions in Sweden, strengthened our balance sheet with the sale of the Leikanger hydropower asset, and launched our first sales process in the UK having reached the ready-to-permit stage on a project with 1.4 GW solar generation capacity and a 500 MW battery. In response to the volatile market conditions experienced in 2024, we initiated voluntary production curtailments across a portion of our portfolio, and started providing ancillary services to the market via some of our windfarms. These initiatives have helped us to reduce the impact of negatively priced hours and take advantage of alternative revenue streams. We remain focused on delivering profitable growth and are consistently looking for ways to improve performance during challenging market environments.

    Proportionate power generation amounted to 907 GWh for the year, which was in line with our updated outlook. We delivered a record quarterly power generation of 287 GWh in the fourth quarter, despite the impact of voluntary production curtailments during periods of low electricity prices. While the overall power generation in 2024 was impacted by lower-than-average wind speeds, we hope to see more normalised weather conditions in 2025, following four consecutive years of wind speeds below the historical long-term average. Taking into account this variability, the acquisitions made in 2024, and the potential for future curtailment, we expect our power generation in 2025 to be between 900 and 1,050 GWh, which gives some margin both for weather and market conditions.

    Capitalising on market opportunities
    The renewable energy industry continued to face headwinds in 2024, as elevated interest rates, inflation, and periods of low electricity prices led to downward pressures on valuations and stock prices across the sector. Uncertainty in the US and political shifts across Europe further impacted investor confidence regarding the pace and support for the energy transition. However, the long-term fundamentals for renewable energy remain strong, where onshore wind and solar continue to have the lowest breakeven cost by a significant margin compared to other sources. Despite political or economic headwinds, these investments are poised to stand the test of time. We maintained our strategic focus, adding over 50 GWh of long-term proportionate power generation in 2024 at a cost of less than 0.5 MEUR per MW. We have now replaced 50 percent of the production sold of the Leikanger asset, at a significantly lower unit cost, demonstrating a highly accretive and efficient recycling of capital.

    In the Nordics, electricity prices remained highly volatile, which impacted our financial results. This was largely driven by periods of oversupply due to lower seasonal demand, high hydrological balances, elevated gas storage and surplus electricity from interconnected European markets. Looking ahead, energy demand is forecast to grow, fuelled by GDP growth, continued electrification and increased power needs for data centres and artificial intelligence.

    First UK project reached ready-to-permit stage, sales process commenced
    We continued advancing our project development platform in the fourth quarter, and I am excited to announce that we achieved a significant milestone by having our first large-scale project in the UK reach the ready-to-permit stage. The project is a 1.4 GW solar and 500 MW co-located battery development, and we have initiated a sales process to evaluate divestment options. This is the first project from our pipeline to reach this milestone, and we expect to have a number of follow-on projects reaching the same stage in 2025 both in the UK and Germany. In the UK, two key regulatory reforms are currently ongoing; the Clean Power 2030 Action Plan and the grid connections reform. Both aim to simplify and enhance the ability for renewable energy projects to obtain a grid connection more efficiently based on zonal capacity expectations. These reforms have had an impact on our prioritisation of projects and created some uncertainty for investors in the UK, and we will continue to monitor developments aiming to ensure our projects remain well-positioned in this evolving regulatory landscape.

    Financially resilient
    We remain in a financially robust position, with liquidity headroom exceeding MEUR 100. Proportionate revenues and other income amounted to MEUR 8.9 for the fourth quarter and MEUR 42.1 for the year, which was impacted by low electricity prices, resulting in a proportionate EBITDA of MEUR 0.1 for the fourth quarter and MEUR 7.0 for the year. Our full-year expenditure guidance for 2025 remains largely in line with 2024 and the business strategy remains unchanged as we enter the new year.

    Entering the next chapter of growth
    Looking ahead to 2025 and beyond, I believe this will be a transformational period for Orrön Energy on many fronts. The Nordic business continues its organic growth with a good pipeline of projects, 1,000 GWh of long-term proportionate power generation and plenty of acquisition opportunities. The UK and German teams are rapidly reaching key milestones and we expect to see results from our project sales throughout 2025, with a material pipeline of opportunities to follow. We have now passed the halfway point of the Sudan legal case, and expect the District Court trial to finish during the second quarter of 2026, which will significantly reduce our future legal costs and positively impact our financial results thereafter. With the end of the Sudan trial in sight and our two organic growth platforms running, we can now start shaping the next strategic growth chapter for our business, and over the next year we will explore new opportunities to expand our portfolio and unlock additional value for our shareholders. I would like to thank our shareholders for their continued support and look forward to sharing updates on the exciting growth opportunities that lie ahead of us.”

    Webcast
    Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO commenting on the report and presenting the latest developments in Orrön Energy and its future growth strategy together with members of Orrön Energy’s management team at a webcast during the Company’s Capital Markets Day today at 14.00 CET. The presentation will be followed by a question-and-answer session.

    Follow the presentation live on the below webcast link:
    https://orron-energy.events.inderes.com/cmd-2025

    For further information, please contact:

    Robert Eriksson
    Corporate Affairs and Investor Relations
    Tel: +46 701 11 26 15
    robert.eriksson@orron.com

    Jenny Sandström
    Communications Lead
    Tel: +41 79 431 63 68
    jenny.sandstrom@orron.com

    Orrön Energy is an independent, publicly listed (Nasdaq Stockholm: “ORRON”) renewable energy company within the Lundin Group of Companies. Orrön Energy’s core portfolio consists of high quality, cash flow generating assets in the Nordics, coupled with greenfield growth opportunities in the Nordics, the UK, Germany and France. With financial capacity to fund further growth and acquisitions, and backed by a major shareholder, management and Board with a proven track record of investing into, leading and growing highly successful businesses, Orrön Energy is in a unique position to create shareholder value through the energy transition.

    This information is information that Orrön Energy AB is required to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the contact persons set out above, at 07.30 CET on 12 February 2025.

    Forward-looking statements
    Statements in this press release relating to any future status or circumstances, including statements regarding future performance, growth and other trend projections, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipate”, “believe”, “expect”, “intend”, “plan”, “seek”, “will”, “would” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that could occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to several factors, many of which are outside the company’s control. Any forward-looking statements in this press release speak only as of the date on which the statements are made and the company has no obligation (and undertakes no obligation) to update or revise any of them, whether as a result of new information, future events or otherwise.

    Attachment

    The MIL Network –

  • MIL-OSI: Aktia Bank Plc directs share issue to the company itself without payment

    Source: GlobeNewswire (MIL-OSI)

    Aktia Bank Plc
    Stock Exchange Release
    12 February 2025 at 8.15 a.m.

    Aktia Bank Plc directs share issue to the company itself without payment

    The Board of Directors of Aktia Bank Plc has, pursuant to the share issue authorization granted by the Annual General Meeting held on 3 April 2024, resolved on an issue of 180,000 new shares to the company itself without payment. The new shares to be issued to the company will be used for reward payments under the company’s incentive programs.

    The total number of the company’s shares after the share issue is 73,161,696 shares, of which 234,834 shares in total are held by the company.

    The new shares will be entered into the Trade Register approximately on 20 February 2025 and will be applied for public trading on Nasdaq Helsinki Ltd approximately as of 21 February 2025.

    Aktia Bank Plc

    Further information:
    Oscar Taimitarha, Director, Investor Relations, tel. +358 40 562 2315, ir (at) aktia.fi

    Distribution:
    Nasdaq Helsinki Ltd
    Mass media
    www.aktia.com

    Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 850 people around Finland. Aktia’s assets under management (AuM) on 31 December 2024 amounted to EUR 14.0 billion, and the balance sheet total was EUR 11.9 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.

    The MIL Network –

  • MIL-OSI: Invitation to Aktia’s investor event on 27 February 2025

    Source: GlobeNewswire (MIL-OSI)

    Aktia Bank Plc
    Press Release
    12 February 2025 at 7.45 a.m.

    Invitation to Aktia’s investor event on 27 February 2025

    Aktia invites investors, analysts, and media representatives to its investor event on 27 February 2025. The event will begin at 12.30 p.m. (EET) and end approximately at 2.30 p.m.

    During the investor event, CEO Aleksi Lehtonen, together with other members of Aktia’s Executive Committee, will provide updates on the company’s strategic priorities, business operations and financial targets. The event will be held in English.

    The investor event will take place at Kulttuurikasarmi in Helsinki, located at Narinkkatori 2. A light lunch will be served at 12.00 p.m., prior to the event. After the event, coffee will be served, and participants will have the opportunity to meet Aktia’s management. To attend in person, please register by 20 February 2025.

    The investor event can also be viewed live as a webcast at 12.30 p.m. To attend the webcast, please register by 26 February 2025. Attendees will have the opportunity to ask questions to Aktia’s management during the event.

    Please, register here: https://aktia.events.inderes.com/2025-investor-event.

    The presentation material will be available on Aktia’s website www.aktia.com before the event. A recording of the event will also be available afterwards on Aktia’s website.

    Aktia Bank Plc

    Further information:
    Oscar Taimitarha, Director, Investor Relations, tel. +358 40 562 2315, ir (at) aktia.fi

    Distribution:
    Nasdaq Helsinki Ltd
    Mass media
    www.aktia.com

    Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 850 people around Finland. Aktia’s assets under management (AuM) on 30 September 2024 amounted to EUR 14.3 billion, and the balance sheet total was EUR 12.0 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.

    The MIL Network –

  • MIL-OSI: WithSecure Financial Statement Release 1 January – 31 December 2024: Strong growth in Cloud Protection for Salesforce, improving profitability and cash flow, divestment of Cyber security consulting

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, Financial Statement Release 1 January – 31 December 2024, 12 February 2025 at 8.00 EET

    WithSecure Financial Statement Release 1 January – 31 December 2024: Strong growth in Cloud Protection for Salesforce, improving profitability and cash flow, divestment of Cyber security consulting

    Highlights of October – December 2024 (“fourth quarter”)

    • Annual Recurring Revenue (ARR)1 for Elements Cloud products and services2 increased by 6% to EUR 83.3 million (EUR 78.4 million)
    • Elements Cloud ARR increase from previous quarter was 2%
    • Net Revenue Retention for Elements Cloud was 99%
    • Revenue for Elements Cloud increased by 9% to EUR 21.5 million (EUR 19.7 million)
    • ARR for Cloud Protection for Salesforce increased by 52% to EUR 12.8 million (EUR 8.4 million)
    • Cyber security consulting revenue declined by 15% to EUR 8.6 million (EUR 10.2 million). Cyber security consulting divestment agreement was signed in January 2025. Business is reported as Discontinued operations. A goodwill impairment of EUR 13 million was recognized in the fourth quarter to reflect the impact of the divestment
    • Adjusted EBITDA (Continuing and discontinued operations) for WithSecure was EUR 2.4 million (EUR 0.2 million)
    • Operative cash flow of the fourth quarter was EUR 7.7million (EUR 2.7 million) 
    1. Annual recurring revenue (ARR) of cloud products is calculated by multiplying monthly recurring revenue of last month of quarter by twelve.  Monthly recurring revenue includes recognized revenue within the month excluding non-recurring revenue
    2. Elements Cloud includes Elements Cloud portfolio software and services as well as the managed services

    Highlights of January – December 2024

    • Revenue for Elements Cloud products and services increased by 9% to EUR 83.3 million (EUR 76.1 million)
    • CPSF revenue increased by 14% to EUR 9.4 million (EUR 8.3 million)
    • Cyber security consulting revenue declined by 3% to EUR 32.3 million (EUR 33.4 million)
    • Adjusted EBITDA (Continuing and discontinued operations) for WithSecure was EUR 3.1 million (EUR -16.1 million)

    Outlook for 2025

    Annual Recurring Revenue (ARR) for Elements Cloud products and services will grow by 10-20% from the end of 2024.
    At the end of 2024, Elements Cloud ARR was EUR 83.3 million.

    Elements Company segment’s Adjusted EBITDA will be 3-7% of revenue.

    Annual Recurring Revenue (ARR) for Cloud Protection for Salesforce (CPSF) will grow by 20-35% from the end of 2024.
    At the end of 2024, CPSF ARR was EUR 12.8 million.

    Cyber security consulting business will be divested in 2025. Elements company and CPSF will have their own guidance going forward. Both are recurring, subscription-based businesses, which is reflected in the new guidance.

    Medium-term financial target (for Elements Company segment)

    Over the next three years (2025-2027), WithSecure will become a “Rule of 30+” company.

    The components of the target are

    • Annual revenue growth as percentage
    • Adjusted EBITDA as percentage of revenue

    WithSecure is targeting to reach a sum of the components that exceeds 30.

    Figures in this release are unaudited. Figures in brackets refer to the corresponding period in the previous year, unless otherwise stated. Percentages and figures presented may include rounding differences and might therefore not add up precisely to the totals presented.

    CEO Antti Koskela

    In the last quarter of 2024, WithSecure Elements Cloud ARR grew by 6% from previous year to EUR 83.3 million (EUR 78.4 million). Elements Cloud revenue grew by 9% to EUR 21.5 million (EUR 19.7 million). Cloud Protection for Salesforce, reported as a separate segment, performance was strong, ARR grew by 52% to EUR 12.8 million (EUR 8.4 million).

    In the Elements Company, Elements software continued to perform with a strong year-on-year growth. In the Managed services and Co-security, revenue declined slightly from the fourth quarter of 2023, due to the customer churns reported in the quarter and earlier in 2024. Of the geographic regions, Elements Cloud ARR and revenue decreased slightly in UK and North America, mainly impacted by the Managed services customer churns during the year 2024. In all other regions, a steady growth of cloud ARR and revenue continued. December revenue includes a higher than customary volume of discounts, timing of which is partly dependent on the customers. Due to the timing issues, the Cloud ARR growth was negatively impacted by approximately 3 percentage points. Our intention is to review and improve the recognition process to avoid ARR volatility caused by timing in the future. 

    In January 2025, our Elements Identity Security reached General Availability. It will increase protection of the users from business email compromise attacks and provide easy-to-use identity response features. Two significant product recognitions were received at the end of 2024. We were identified as one of 15 global vendors in the 2024 Gartner® Magic Quadrant™ for Endpoint Protection Platforms3, recognising our ability to execute and completeness of vision. In the 2024 MITRE ATT&CK® Evaluations, our Endpoint Detection and Response solution set new standards for detection-to-alert ratios, reinforcing our position as a European mid-market leader in cyber security.

    Elements Company Adjusted EBITDA in the fourth quarter was EUR 1.5 million (EUR -1.0 million). Full WithSecure Adjusted EBITDA of EUR 2.4 million (EUR 0.2 million) in the fourth quarter shows that our continuous work on improving profitability is giving results despite some lower revenue in 2024 than planned.

    In Cloud Protection for Salesforce (CPSF), systematic efforts in the past year to improve sales efficiency are generating strong results. ARR grew by 52% year-on-year to EUR 12.8 million (EUR 8.4 million). The growth is driven by both new customers and expansions to existing customers, while the customer churn remained at a controlled level. We continue to develop the CPSF as an independent business inside WithSecure, while keeping the strategic review options open.

    On 23 January 2025, we signed an agreement intending to divest our Cyber security consulting business to Neqst, a Swedish investment firm focusing exclusively on technology and technology-enabled companies. In the segment reporting, consulting is presented according to the previously applied calculation principles. In other parts of the financial reporting, consulting result is included in the result of discontinued operations. Cyber security consulting revenue declined by 15% to EUR 8.6 million (EUR 10.2 million). Adjusted EBITDA of the fourth quarter was EUR 0.9 million (EUR 2.0 million).

    After reaching some important milestones during the year, we are confidently heading for a new year of profitable growth. I would like to thank WithSecure personnel, partners, customers and other stakeholders for their great collaboration in the past year and going forward.

    Financial performance

    (mEUR) 10-12/2024 10-12/2023 Change % 1-12/2024 1-12/2023 Change %
    Continuing operations            
    Revenue 29.9 28.0 7% 116.0 109.9 6%
    Cost of revenue -5.9 -5.7 3% -23.4 -23.1 1%
    Gross Margin 24.0 22.3 8% 92.6 86.8 7%
    % of revenue 80.4 % 79.7 %   79.8 % 79.0 %  
    Other income, adjusted1 0.4 0.4 11% 2.0 1.4 41%
    Operating expenses1 -23.0 -24.3 -5% -92.6 -103.1 -10%
    Sales & Marketing -12.2 -13.1 -7% -47.9 -57.2 -16%
    Research & Development -8.5 -8.8 -3% -35.0 -36.3 -4%
    Administration -2.3 -2.4 -5% -9.7 -9.5 2%
    Adjusted EBITDA2 1.4 -1.6 188% 2.0 -14.8 113%
    % of revenue 4.7 % -5.7 %   1.7 % -13.5 %  
    Items affecting comparability (IAC)            
    Other items 0.0 -1.0 99% -1.0 -1.4 33%
    Divestments 0.1 0.0 0% 1.2 1.4 10%
    Restructuring -0.1 -4.5 99% -1.1 -8.9 87%
    Costs under TSA 0.0 -1.4 100% 0.0 -6.9 100%
    Income for costs under TSA 0.0 1.4 100% 0.0 6.9 100%
    EBITDA 1.4 -7.2 120% 1.1 -23.8 105%
    % of revenue 4.7 % -25.6 %   1.0 % -21.6 %  
    Depreciation & amortization, excluding PPA3 -2.0 -2.5 -19% -9.0 -9.5 -6%
    PPA amortization -0.5 -0.6 -17% -2.2 -2.4 -7%
    EBIT -1.1 -10.2 89% -10.1 -35.7 72%
    % of revenue -3.7 % -36.6 %   -8.7 % -32.5 %  
    Adjusted EBIT2 -0.6 -4.1 85% -7.0 -24.3 71%
    % of revenue -2.0 % -14.5 %   -6.0 % -22.1 %  
    Discontinued operations            
    Revenue 8.3 10.0 -17% 31.4 32.9 -5%
    Adjusted EBITDA2 1.0 1.8 -45% 1.1 -1.3 187%
    % of revenue 12.0 % 18.1 %   3.6 % -4.0 %  
    Items affecting comparability (IAC)            
    Divestments 1.1     1.1    
    EBIT -13.6 1.6 -927% -29.3 -8.2 -258%
    % of revenue -164.1 % 16.5 %   -93.6 % -24.9 %  
    Combined operations            
    Revenue 38.1 38.0 0% 147.4 142.8 3%
    Adjusted EBITDA2 2.4 0.2 1070% 3.1 -16.1 119%
    % of revenue 6.3 % 0.5 %   2.1 % -11.3 %  
    Earnings per share, (EUR)4 -0.08 -0.07 -25% -0.22 -0.23 5%
    Deferred revenue       67.7 66.9 1%
    Cash flow from operations before financial items and taxes 7.7 2.7 191% 2.1 -19.9 110%
    Cash and cash equivalents       27.3 36.6 -25%
    ROI, % -52.3 % -27.5 % -90% -34.1 % -30.5 % -12%
    Equity ratio, %       59.1 % 73.3 % -19%
    Gearing, %       0.4 % -22.2 % 102%
    Personnel, end of period       961 1,087 -12%

    1. Excluding Items Affecting Comparability (IAC) and depreciation and amortization. In 2023 excludes also costs of services provided to F-Secure under TSA and equivalent income charged for TSA services. 

    2. Adjustments are material items outside the normal course of business associated with acquisitions, integration, restructuring, gains or losses from sales of businesses and other items affecting comparability. For reconciliation and a breakdown of adjusted costs, see Note 6 (Reconciliation of alternative performance measures)

    3. Amortization of intangible assets from business combinations (PPA, purchase price allocation, related amortizations). 

    4. Based on the weighted average number of outstanding shares during the period 175 986 422 (1-12/2024).

    Events after period-end
    After the end of the financial year, on 23 January 2025, WithSecure announced the sale of its Cyber security consulting business to Swedish investment firm Neqst. The transaction is executed by the sale of shares of the parent company of a to-be-established WithSecure cyber security consulting group, to which the consulting business will be transferred prior to the completion of the transaction. As a result of the agreement, total of approximately 250 employees located in Finland, UK, Sweden, Denmark, Singapore, Italy, and US are expected to transfer to the buyer.

    Additional information
    This is a summary of WithSecure’s Financial Statement Release 1 January – 31 December 2024. The full report is a PDF file attached to this stock exchange release. Full report is also available on the company website.

    Webcast
    WithSecure’s CEO Antti Koskela and CFO Tom Jansson will present the results in a webcast on 12 February starting at 14.00 EET. The webcast will be held in English and can be accessed at

    https://withsecure.events.inderes.com/q4-2024

    Questions in written format are requested in the webcast portal. Presentation material and the webcast recording will be available on the company website

    Materials | Investor Relations | WithSecure™

    Financial calendar
    During the year 2025, WithSecure Corporation will publish financial information as follows:

    • 25 April 2025: Interim Report for January–March 2025
    • 16 July 2025: Half-Year Report for January–June 2025
    • 22 October 2025: Interim Report for January–September 2025

    WithSecure observes at least a three-week (21 days) silent period prior to publication of financial reports, during which it refrains from engaging in discussions with capital market representatives or the media regarding WithSecure’s financial position or the factors affecting it.

    The Annual General Meeting is scheduled for Tuesday, 18 March 2025. The Board of Directors will convene the meeting.

    Contact information
    Tom Jansson, CFO
    WithSecure Corporation

    Laura Viita
    VP, Controlling, investor relations and sustainability
    WithSecure Corporation
    +358 50 487 1044
    investor-relations@withsecure.com

    Attachment

    The MIL Network –

  • MIL-OSI: ABN AMRO Bank posts net profit of EUR 397 million in Q4 2024

    Source: GlobeNewswire (MIL-OSI)

    ABN AMRO Bank posts net profit of EUR 397 million in Q4 2024

    12 February 2025

    Q4 Key messages

    • Good finish to the year: Q4 net profit of EUR 397 million, supported by continued high net interest income and fee income
    • Strong result in 2024: Net profit of EUR 2.4 billion and a return on equity of 10.1%
    • Continued mortgage portfolio growth: Increase of EUR 1.1 billion in Q4 and full-year growth of over EUR 5 billion, supported by an increase in clients
    • Net interest income (NII) further improved: Q4 benefited from higher Treasury result, resulting in NII of EUR 6.5 billion for the full year. Expected NII for 2025 between EUR 6.2 and 6.4 billion
    • Continued fee growth: Fee income increased compared to the previous quarter, resulting in fee growth for the year of over 7%, driven by better performance in all client units
    • Costs remain under control: Costs for the full year, excluding large incidentals, in line with guidance at EUR 5.3 billion. For 2025, costs are expected to be broadly flat
    • Solid credit quality: Impairments of EUR 9 million in Q4, reflecting increases in individually provisioned client files. Net impairment releases of EUR 21 million for the year
    • Strong capital position: Basel III CET1 ratio of 14.5% and Basel IV CET1 ratio estimated at a similar level
    • Final dividend of EUR 0.75 per share proposed

    Robert Swaak, CEO:

    “ABN AMRO delivered another strong full-year result, with a net profit of EUR 2.4 billion for 2024 and a return on equity of over 10%. The year saw further growth in our net interest income and fee income. With the Dutch mortgage market rebounding during 2024, we managed to increase our market share for new production from 16% to 19%. In 2024, we also managed to grow the corporate loan book in our transition themes; digital, new energies and mobility. Our underlying cost base was in line with our guidance of EUR 5.3 billion and our solid credit quality led to net impairment releases. We continued to execute on our strategy of being a personal bank in the digital age. Furthermore, our sustainability efforts were rewarded with our return to the S&P Global Dow Jones Sustainability Index Europe.

    With almost half the global population holding elections, 2024 was an exceptional year. We expect that the geopolitical ramifications and economic impact of these elections will be felt in the coming years. The ECB lowered interest rates a number of times as inflation subsided and Eurozone GDP growth was slow. The growth of the Dutch economy was muted during 2024 due to lower exports and business investments, while inflation remained elevated compared to the European average. Domestic demand grew driven by an increase in wages and house prices increased by almost 9% during the year.

    We were again able to grow our mortgage book in the fourth quarter with EUR 1.1 billion. Our corporate loan book decreased in Q4 largely reflecting more active capital allocation and steering. We transferred credit risk on a portfolio of corporate loans and decided to materially reduce our international Asset Based Finance activities in Germany and the United Kingdom.

    Our fourth quarter financial results were solid, with a net profit of EUR 397 million. Net interest income increased to EUR 1,668 million, reflecting a strong Treasury result. Fee income increased again this quarter, up 11% on the same quarter last year, with all client units contributing to the growth. Underlying costs rose during the fourth quarter, as was expected given the additional vacancies that were filled.

    Our solid credit quality and benign economic circumstances led to another quarter of very limited impairments of EUR 9 million. Risk-weighted assets decreased by EUR 3.0 billion, largely reflecting business developments including capital steering and data quality improvements. These factors, combined with the increase of CET1 capital during the quarter, resulted in the Basel III capital ratio rising to 14.5%. We made progress with the implementation of Basel IV and now estimate the Basel IV capital ratio to be at a similar level as our Basel III capital ratio. We will provide an update on the outcome of our capital assessment when publishing our Q2 results.

    In 2020, we launched our current strategy: A personal bank in the digital age. Since then, we have made significant progress on the three strategic pillars that define the crucial focus areas for creating value for our key stakeholder groups; clients, shareholders, colleagues and society as a whole.

    We have continued investing in our customer experience, focusing on attractive segments where we can grow by bringing convenience into the daily lives of our clients and expertise where it matters. We are making a significant investment in Germany with the intended acquisition of Hauck Aufhäuser Lampe, a private bank with a long standing history, positioning ABN AMRO as a leading private bank in the German market. Our Dutch retail bank provides all services and products through online channels, supported by a network of 25 retail branches. For those clients that need active support with daily banking tasks, we doubled our ‘Help with Banking’ advisers to 200 during the year. We are continuing our efforts to improve our client services and product offering which is reflected in our improved Net Promoter Score (NPS) compared to last year within all client units. We also launched our new brand promise ‘For every new beginning’ to appeal to the entrepreneurial spirit of our clients and highlight the expertise that we can offer. We have welcomed the 10 millionth active user of Tikkie, our payment request application. Its success has even led to the word ‘tikkie’ being included in the Dutch dictionary. More and more businesses are now turning to Tikkie for invoicing, solidifying our leading position in peer-to-peer payments.

    We have continued embedding sustainability in our operations and the asset volume of client loans with a sustainability component (including mortgages and corporate loans) and ESG & impact investments rose from 34% to 37% in 2024. We remain focused on the decarbonisation of our loan portfolio. Additional targets for passenger cars, mortgages, as well as the upstream and midstream part of our oil and gas portfolio will be disclosed in our integrated annual report. Related to our aim to halt and reverse biodiversity loss, we have added insurance products for farmers who reduce their use of chemical pesticides. Other developments in the fourth quarter included the Sustainable Impact Fund’s acquisition of a stake in Urban Mine, a leader in sustainable construction and concrete recycling, and the pilot launch of the Human Rights Remedy Mechanism, which allows individuals to raise concerns about human rights violations linked to our corporate clients.

    During 2024, we continued to allocate significant resources to making our bank future proof. We maintained our leading position in cyber resilience, as evidenced by external parties like BitSight. We added further use cases of Gen-AI in the fourth quarter with the introduction of an AI chatbot for Tikkie and a voicebot for incoming calls from our credit card clients. This will further build on our digital product experience and client contact, for which we are already externally recognised as the digital leader in the Dutch banking sector.

    There are multiple complex and demanding projects running in parallel in relation to changes in the regulatory environment, and we made significant progress across the board during the year. We are in the final phase of simplifying our model landscape while at the same time finalising the implementation of Basel IV. Furthermore, we are continuously refining our AML processes, and are implementing CSRD and other sustainability-related regulations in our reporting. These programmes will continue to impact parts of our organisation, despite the investments in additional change capacity that we made during the year.

    In January 2025, we announced that Marguerite Bérard is the intended new CEO of ABN AMRO. Following regulatory approval, she will be appointed by the Supervisory Board after being introduced to the AGM in April. I am very pleased with the nomination of Marguerite. In the short time that I have had the pleasure of getting to know her, I have become impressed by her inspiring personality and deep knowledge of the banking sector. I am confident that she will successfully lead the bank forward, building on the strong foundations that we have in place.

    As I look back, I am proud of what ABN AMRO has achieved and I value the dedication and commitment that clients, shareholders and colleagues have shown to this iconic Dutch institution. I am confident that ABN AMRO will continue banking for better, for generations to come.

     

    Key figures and indicators
     (in EUR millions)

    		 Q4 2024 Q4 2023 Change Q3 2024 Change
    Operating income 2,240 2,041 10% 2,253 1%
    Operating expenses 1,614 1,462 10% 1,334 21%
    Operating result 626 580 8% 920 -32%
    Impairment charges on financial instruments 9 -83   -29  
    Income tax expenses 220 117 88% 259 -15%
    Profit/(loss) for the period 397 545 -27% 690 -42%
               
    Cost/income ratio 72.0% 71.6%   59.2%  
    Return on average Equity 6.2% 9.5%   11.6%  
    CET1 ratio1 14.5% 14.3%   14.1%  

    This press release is published by ABN AMRO Bank N.V. and contains inside information within the meaning of article 7 (1) to (4) of Regulation (EU) No 596/2014 (Market Abuse Regulation).

    Note to editors, not for publication:
    For more information, please contact

    ABN AMRO Press Office: Jarco de Swart, E-mail: pressrelations@nl.abnamro.com, phone number: +31 (0)20 6288900.

    ABN AMRO Investor Relations: John Heijning, E-mail: investorrelations@nl.abnamro.com, phone number +31 (0)20 6282282.

    1 Capital ratio for Q3 2024 are pro-forma, including 50% of the net profit. For more information about the ratio, please refer to the Capital management section in our quarterly report.

    Attachments

    The MIL Network –

  • MIL-OSI: Aktia Bank Plc: IT-related one-off items burden the result in the fourth quarter 2024, but do not affect comparable result

    Source: GlobeNewswire (MIL-OSI)

    Aktia Bank Plc
    Insider information
    12 February 2025 at 7.30 a.m.

    Aktia Bank Plc: IT-related one-off items burden the result in the fourth quarter 2024, but do not affect comparable result

    Aktia Bank Plc continues to invest in and upgrade its modern core banking system, which was commissioned in 2017. In connection with the system development work, Aktia has reassessed the asset values and depreciation periods of existing IT systems as of 31 December 2024. The assessment leads to an impairment of IT-related intangible assets of EUR 25.0 million as well as expensed IT licenses of EUR 1.4 million. The majority of the impairments is related to the core banking system.

    The one-off items do not affect Aktia’s comparable result and have only a marginal impact on Common Equity Tier 1 capital (CET1).

    The Financial Statement Release for 2024 will be published on 12 February 2025 at 8.00 a.m.

    Aktia Bank Plc

    Further information:
    Oscar Taimitarha, Director of Investor Relations, tel. +358 40 562 2315

    Distribution:
    Nasdaq Helsinki Oy
    Mass media
    www.aktia.com

    Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 850 people around Finland. Aktia’s assets under management (AuM) on 30 September 2024 amounted to EUR 14.3 billion, and the balance sheet total was EUR 12.0 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.

    The MIL Network –

  • MIL-OSI Asia-Pac: President Lai meets Deputy Prime Minister Thulisile Dladla of the Kingdom of Eswatini

    Source: Republic of China Taiwan

    Details
    2025-02-08
    Presidential Office thanks US and Japan for joint leaders’ statement
    On February 7 (US EST), President Donald Trump of the United States and Prime Minister Ishiba Shigeru of Japan issued a joint leaders’ statement reiterating “the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community.” In the statement, the two leaders also “encouraged the peaceful resolution of cross-strait issues, and opposed any attempts to unilaterally change the status quo by force or coercion” and “expressed support for Taiwan’s meaningful participation in international organizations.” Presidential Office Spokesperson Karen Kuo (郭雅慧) on February 8 expressed sincere gratitude on behalf of the Presidential Office to the leaders of both countries for taking concrete action to demonstrate their firm support for peace and stability across the Taiwan Strait and for Taiwan’s international participation. Spokesperson Kuo pointed out that there is already a strong international consensus on the importance of peace and stability in the Indo-Pacific region. The spokesperson emphasized that Taiwan, as a responsible member of the international community, is capable and willing to work together with the international community and will continue strengthening its self-defense capabilities as it deepens its trilateral security partnership with the US and Japan and works alongside like-minded countries to uphold the rules-based international order. The spokesperson said that Taiwan will work toward ensuring a free and open Taiwan Strait and Indo-Pacific region, as well as global peace, stability, and prosperity, as it continues to act as a force for good in the world.

    Details
    2025-02-08
    President Lai’s response to Pope Francis’s 2025 World Day of Peace message  
    President Lai Ching-te recently sent a letter to Pope Francis of the Catholic Church in response to his message marking the 58th World Day of Peace. The following is the full text of the president’s letter to the pope: Your Holiness, In your message for the 2025 World Day of Peace entitled Forgive us our trespasses: grant us your peace, you called for a cultural change that would bring an end to the governance of interpersonal and international relations by a logic of exploitation and oppression and herald true and lasting peace. I wholeheartedly admire and identify with your point of view. Since transitioning from a medical career to politics, I have remained true to my original intentions in the sense that, while a doctor can help only one person at a time, a public servant can simultaneously assist many people in resolving the difficulties affecting their lives. In my inaugural address in May 2024, I pledged that every day of my term, I would strive to act justly, show mercy, and be humble, which accord with the teachings of the Bible. I promised to treat the Taiwanese people as family and prove myself worthy of their trust and expectations. With an unwavering heart, I have accepted the people’s trust and taken on the solemn responsibility of leading the nation forward and building a democratic, peaceful, and prosperous new Taiwan. In this new year, the changing international landscape continues to present many grave challenges to democratic nations around the world. As the Russia-Ukraine war persists, the steady convergence of authoritarian regimes, including China, Russia, North Korea, and Iran, threatens the rules-based international order and severely impacts peace and stability in the Indo-Pacific and the world at large. Your Holiness has stated that war is a defeat for everyone. I, too, firmly believe that peace is priceless and that war has no winners. A high level of consensus has formed in the international community on upholding peace and stability across the Taiwan Strait. The Taiwanese people also maintain an unyielding commitment to safeguarding a way of life that encompasses freedom, equality, democracy, and human rights. Taiwan will continue to spare no effort in preserving regional peace and stability and serving as a pilot for global peace. In your World Day of Peace message, you urged prosperous countries to assist poorer ones. This compassion is truly touching. Taiwan is proactively implementing values-based diplomacy and, under the Diplomatic Allies Prosperity Project, enhancing allies’ development through a range of initiatives. Over many years, Taiwan has accumulated abundant and unique experience of providing foreign assistance. Seeking to foster self-reliance among disadvantaged countries, we have extended genuine support to help alleviate poverty through such avenues as strengthening basic infrastructure, transferring technology, and cultivating talent. In your message, you reminded countries worldwide that assistance should not be merely an isolated act of charity and pointed to the need to devise a new global financial framework so that food crises, climate change, and other challenges could be jointly addressed. I hold this view in high regard. I therefore earnestly hope that international organizations will stop excluding Taiwan for political reasons. Taiwan is willing to shoulder its international responsibilities so that it can contribute and share its valuable experience through many global platforms.  On behalf of the government and people of the Republic of China (Taiwan), I again express our interest in collaborating with the Holy See to advance world peace through concrete action. We also aspire to demonstrate Taiwanese values and the Taiwanese spirit and work together with the Holy See to uphold the core values of justice, democracy, freedom, and peace.  Please accept, Your Holiness, the renewed assurances of my highest consideration, as well as my best wishes for your good health and the continued growth of the Catholic Church.

    Details
    2025-02-08
    President Lai meets former US Vice President Mike Pence
    On the afternoon of January 17, President Lai Ching-te met with former Vice President of the United States Mike Pence. In remarks, President Lai thanked former Vice President Pence for his contributions to the deepening of Taiwan-US relations, noting that he actively helped to strengthen Taiwan-US cooperation and facilitate the normalization of military sales to Taiwan, and did his utmost to deepen the Taiwan-US economic partnership. The president indicated that former Vice President Pence also spoke up for Taiwan on numerous occasions at international venues, backing Taiwan’s international participation. President Lai expressed hope for a stronger Taiwan-US partnership to maintain peace and stability throughout the world, and that the two sides can advance bilateral exchanges in such areas as the economy, trade, and industry. A translation of President Lai’s remarks follows: I am delighted to welcome former Vice President Pence and Mrs. Karen Pence to the Presidential Office. Former Vice President Pence is not only an outstanding political leader in the US, but also a staunch supporter of Taiwan on the international stage. On behalf of the people of Taiwan, I would like to take this opportunity to extend our deepest gratitude to former Vice President Pence for his contributions to the deepening of Taiwan-US relations. Thanks to former Vice President Pence’s strong backing, ties between Taiwan and the US rose to unprecedented heights during President Donald Trump’s first administration. Former Vice President Pence actively helped to strengthen Taiwan-US security cooperation and facilitate the normalization of military sales to Taiwan, helping Taiwan reinforce its self-defense capabilities. He also did his utmost to deepen the Taiwan-US economic partnership. Former Vice President Pence also paid close attention to the military threats and diplomatic isolation faced by Taiwan. He spoke up for Taiwan on numerous occasions at international venues, taking concrete action to back Taiwan’s international participation. We were truly grateful for this. As we speak, China’s political and military intimidation against Taiwan persist. China and other authoritarian regimes, such as Russia, North Korea, and Iran, are continuing to converge and present serious challenges to democracies around the globe. At this moment, free and democratic nations must come together to bolster cooperation. I believe that a stronger Taiwan-US partnership can be an even more powerful force in maintaining peace and stability throughout the world. Former Vice President Pence has previously supported the signing of a trade agreement between Taiwan and the US. Taiwan looks forward to continuing to work with the new US administration and Congress to advance bilateral exchanges in such areas as the economy, trade, and industry. This is the first time that former Vice President Pence and Mrs. Pence are visiting Taiwan, and their visit is significantly meaningful for Taiwan-US exchanges. On behalf of the people of Taiwan, I want to extend a warm welcome. Moving forward, I hope we will jointly realize even more fruitful achievements through Taiwan-US cooperation. Former Vice President Pence then delivered remarks, thanking President Lai for his hospitality on his and his wife’s first visit to Taiwan, saying that it is an honor to be here to reaffirm the bonds of friendship between the people of America and the people of Taiwan, which are strong and longstanding. The former vice president indicated that the American people admire the people of Taiwan and all that has been accomplished in a few short decades for Taiwan to rise to one of the world’s preeminent economic powers and free societies. He said that he is grateful for President Lai’s courageous and bold leadership of Taiwan, and grateful to be able to express the support of the overwhelming majority of the American people for this alliance. Former Vice President Pence indicated that the values shared by Taiwan and the US, including freedom, the rule of law, and respect for human rights, bind us together in a partnership that transcends geographic boundaries and cultures. He then assured President Lai that China’s increasingly aggressive posture in the Taiwan Strait and across the Indo-Pacific, for the values and interests that both sides share, is deeply concerning to the American people. Former Vice President Pence stated that America is a Pacific nation, and is committed to the status quo, adding that they recognize it is China that wants to change the status quo that America, Taiwan, and other allies in the region want to preserve, which has created an environment of extraordinary growth and prosperity. The former vice president concluded by once again thanking President Lai and his team for their gracious hospitality and conveying best wishes to him and the people of Taiwan. Former Vice President Pence then assured President Lai that just as Taiwan will never surrender its freedom, he will continue to be a voice for a strong US-Taiwan relationship in the defense and the benefit of Taiwan, the US, and the free world. Later that day, Vice President Bi-khim Hsiao hosted a banquet for former Vice President Pence and his delegation at Taipei Guest House to thank him for his longstanding friendship and staunch support for Taiwan-US ties.  

    Details
    2025-02-08
    President Lai meets delegation to 60th Inaugural Ceremonies of US president and vice president
    On the morning of January 16, President Lai Ching-te met with Taiwan’s delegation to the 60th Inaugural Ceremonies of the President and Vice President of the United States. In remarks, President Lai stated that democratic Taiwan stands united, working hard to deepen Taiwan-US ties together. He then entrusted the delegation with three missions: to convey best wishes from the people of Taiwan, convey our firm commitment to democracy, and help Taiwan-US relations reach a new milestone. A translation of President Lai’s remarks follows: The 60th Inaugural Ceremonies of the President and Vice President of the US will be held on January 20. I want to thank Speaker Han Kuo-yu (韓國瑜), president of the Legislative Yuan, for accepting my invitation to lead our nation’s representative delegation to the event. I also thank Legislative Yuan Members Ko Chih-en (柯志恩), Wang Ting-yu (王定宇), Ko Ju-chun (葛如鈞), Lee Yen-hsiu (李彥秀), Chen Kuan-ting (陳冠廷), Kuo Yu-ching (郭昱晴), and Chen Gau-tzu (陳昭姿) for joining this visit to the US to attend the inauguration of President Donald Trump and Vice President J.D. Vance. We have gathered together today despite differences in party affiliation because in democratic Taiwan, while parties may compete domestically, when it comes to engagement externally, they stand united and share responsibility, working hard to deepen Taiwan-US ties and strive for the best interests of the nation. We share the value of defending freedom and democracy, and we share the goal of advancing peace and prosperity. Today, we engage with the world together as those from the same country – the Republic of China (Taiwan). In this complex and volatile new international landscape, and as the nation faces difficulties and challenges, I want to stress that in Formosa, there is no hostility that cannot be let go, and no hardship that cannot be overcome. Unity is the most important, and I hope that Taiwan can stand united, because there is true strength in unity. Democratic Taiwan must stand united in engaging with the world and initiate exchanges with confidence. On that ground, I am entrusting this delegation with three key missions. First, convey best wishes from the people of Taiwan. Just last year, Taiwan and the US celebrated the 45th anniversary of the passage of the Taiwan Relations Act. And on May 20, the US sent a senior bipartisan delegation to congratulate me and Vice President Bi-khim Hsiao on our inauguration. As the leader of this cross-party delegation, Speaker Han must clearly convey the well-wishes of the people of Taiwan, congratulate President Trump and Vice President Vance on their inauguration, and wish success to the new administration and prosperity to the US. Second, clearly convey the firm commitment of the people of Taiwan to democracy. The theme of these inaugural ceremonies is “Our Enduring Democracy: A Constitutional Promise.” Taiwan and the US share the universal value of democracy and are staunch allies. I hope that the delegation can faithfully convey the firm commitment to democracy that the people of Taiwan have, which will not change even in the face of authoritarian threats. Taiwan is willing to stand side by side with the US and other members of the democratic community to defend the sustainable development of global democracy and prevent the expansion of authoritarianism. Third, help Taiwan-US relations reach a new milestone. In recent years, Taiwan-US relations have continued to grow, with the first agreement under the Taiwan-US Initiative on 21st Century Trade having formally taken effect last month. This morning, the House of Representatives also passed the US-Taiwan Expedited Double-Tax Relief Act. I hope that the delegation can help Taiwan-US relations reach a new milestone through these exchanges so that our relations continue to grow, our cooperation expands even more, and so that we can achieve even greater success after the new administration takes office. Four years ago, Taiwan’s representative to the US inaugural ceremonies was Vice President Hsiao, who was then our representative to the US. Everyone has a lot to learn from her. I have specially invited everyone here to converse so that you can draw from Vice President Hsiao’s experience and ensure an even smoother visit. Washington, DC was also hit by a rare blizzard recently, and the weather has been very cold, so make sure to stay warm. I am sending everyone off with hand warmers and thermoses so that you can bring some warmth from Taiwan with you on your journey. And I ask that Speaker Han exercise his wisdom to help generate some warmth between the ruling and opposition parties through cooperation, which they can then bring back to Taiwan. Let us unite to give our all for diplomacy so that we can unite to give our all for Taiwan. I wish the delegation a smooth and safe trip, and hope your missions can be carried out successfully. Speaker Han then delivered remarks, stating that it was an honor to be invited by President Lai to organize a delegation to represent our nation at the 60th Inaugural Ceremonies of the President and Vice President of the US in Washington, DC, and express the Republic of China’s sincere and cordial best wishes. The Legislative Yuan’s president has assumed this important task numerous times in the past, he said, not only to represent the government of the Republic of China, but also to take on the mission of conveying the voices of 23 million people. He went on to say that he is honored to take up the baton, lead eight legislators to the US to attend this celebration that will attract global attention, and express sincere best wishes to newly elected President Trump, Vice President Vance, and the new administration’s team. As enjoined by President Lai, he hopes the delegation’s trip will help open a new chapter in Taiwan-US exchanges. Speaker Han stated that the US is the most free and democratic country in the world. He noted that in 1776 in the US Declaration of Independence, founding father Thomas Jefferson propounded the concept of “unalienable rights,” and emphasized that the people have a right to freedom and the pursuit of happiness, democratic ideas that have long been rooted in the people’s hearts. Today, he said, democracy is also embedded in the DNA of Taiwan’s 23 million people, and this hard-won democratic achievement is a result of the concerted efforts of our pioneering predecessors, thinkers, and activists over the past 100 years. Speaker Han stated that during this visit, the Legislative Yuan delegation hopes to convey the voice of Taiwan as a democratic country. Taiwan’s security, he said, is like the four legs of a table: The first leg is defending the Republic of China, the second is defending freedom and democracy, the third is maintaining Taiwan-US relations, and the fourth is maintaining cross-strait peace. The delegation will travel to the US amidst severe cold weather to show that we value our relationship with the US, and our citizens have great hopes and expectations. Speaker Han stated that this will be a cross-party delegation of eight legislators, all of whom have a strong sense of mission. He hopes that all democratic nations will acknowledge Taiwan’s importance, and pay attention to Taiwan’s 23 million people. The delegation, he said, will do its utmost to convey the goodwill and warmth that the people of Taiwan give to each and every one of our good friends.

    Details
    2025-02-08
    President Lai confers decoration on former Lithuanian Foreign Minister Gabrielius Landsbergis
    On the morning of January 14, President Lai Ching-te conferred the Order of Brilliant Star with Special Grand Cordon upon former Minister of Foreign Affairs Gabrielius Landsbergis of the Republic of Lithuania in recognition of his remarkable contributions to deepening Taiwan-Lithuania relations. In remarks, President Lai thanked former Minister Landsbergis for standing firmly with Taiwan and remaining a staunch defender of democratic values, yielding fruitful cooperative results. The president expressed hope that the two countries will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture, and continue to advocate for the values of freedom and democracy so that together we can contribute even more to our nations’ development and to peace and prosperity throughout the world. A translation of President Lai’s remarks follows: Today, by conferring the Order of Brilliant Star with Special Grand Cordon upon former Minister Landsbergis, we recognize his outstanding contributions during his time as foreign minister of Lithuania. On behalf of the people of Taiwan, I thank him for the key role he has played in deepening Taiwan-Lithuania relations. During the COVID-19 pandemic, thanks to the efforts of former Minister Landsbergis, Lithuania was the first European nation to donate vaccines to Taiwan. On that occasion, he stated that “freedom-loving people should look out for each other.” His statement was very moving and left a deep impression on many Taiwanese people. We will never forget it. Former Minister Landsbergis has continued to express the spirit of those words through his concrete actions. With his staunch support, Taiwan and Lithuania have mutually established representative offices. Moreover, our representative office in Lithuania was the first in Europe to incorporate “Taiwan” in its name. As for bilateral cooperation, Taiwan and Lithuania have seen fruitful results in such fields as semiconductors, laser technology, finance, and medicine. Be it overcoming the challenges posed by the pandemic or resisting expanding authoritarianism, former Minister Landsbergis has stood firmly with Taiwan and remained a staunch defender of democratic values. We greatly admire and appreciate his spirit. Today, authoritarian regimes continue to converge, posing threats and challenges to democracies around the world. Taiwan, Lithuania, and other democratic countries must come closer together, drawing on the strength of unity, so as to jointly safeguard freedom and democracy and uphold the rules-based international order. Looking ahead, we hope that Taiwan and Lithuania will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture. Let us continue to advocate for the values of freedom and democracy. Together, we can contribute even more to our nations’ development and to peace and prosperity throughout the world. In closing, I once again thank you, former Minister Landsbergis, for your support and for all that you have done for Taiwan. We welcome you and your wife to visit often. I wish you both a smooth and successful visit in Taiwan, and hope you leave with lasting memories.    Former Minister Landsbergis then delivered remarks, saying that it is a great honor to receive the decoration today. He noted that only partially can he accept the honor, as there have been many people who worked together with him in the ministry and in the whole country who support the people of Taiwan and see the benefit of supporting democracy in Taiwan. He often says that in Lithuania they remember well the fight for their freedom, and just today, he mentioned, he was shown the permanent exhibition in the Presidential Office, where he saw similar pictures of Taiwanese people fighting for democracy. He emphasized that not even one generation has passed since these events took place here in Taipei or similar events took place in Vilnius. Former Minister Landsbergis said that decision-makers in the Lithuanian government are either people who were themselves fighting for freedom, or, as in his case, those who were sitting on the shoulders of parents who were fighting for freedom. So for them, he underlined, freedom, democracy, liberty, and sovereignty are very real concepts that they cherish, not just things read about in a history book. He said that this is the main connector between Lithuania and Taiwan, a feeling of freedom and support for each other. Former Minister Landsbergis stated that in the face of authoritarians who do not wish us prosperity, who do not wish us freedom and future achievements, what he expects from the future is that the friendship, collaboration, and mutual support between Lithuania and Taiwan will inspire others to join in. This, he said, will make other countries not be afraid to support freedom and democracy, and will allow our group of friends to continue to grow. Lithuanian history, the former minister said, is difficult, and a big part of it was fighting for their freedom. He explained that during the 19th century when Lithuania was part of Russia’s empire, they had several revolutions and uprisings with the aim of becoming free, and that they were fighting for that freedom alongside Poland and Belarus. He then applied a phrase that they used in the revolution of 1864 – “for your freedom and ours,” meaning that they will continue to fight for their freedom while helping Taiwan fight for ours. Also in attendance at the ceremony were former Minister Landsbergis’ wife Dr. Austėja Landsbergienė and Lithuanian Representative to Taiwan Paulius Lukauskas.

    Details
    2025-01-01
    President Lai delivers 2025 New Year’s Address
    On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: French Overseas Minister Manuel Valls to visit Nouméa for key political talks

    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk

    French Minister for Overseas Manuel Valls has announced he will travel to New Caledonia later this month to pursue talks on the French territory’s political future.

    These discussions on February 22 follow preliminary talks held last week in Paris in “bilateral” mode with a wide range of political stakeholders.

    The talks, which included pro-independence and pro-France parties, were said to have “allowed to restore a climate of trust between France and New Caledonia’s politicians”.

    Those meetings contributed to “a better understanding” of “everyone’s expectations” and “clarify everyone’s respective projects”, Valls said.

    Between February 4 and 9, Valls said he had met “at least twice” with delegations from all six parties and movements represented in New Caledonia’s Congress.

    The main goal was to resume the political process and allow everyone to “project themselves into the future” after the May 2024 riots.

    The riots caused 14 dead, hundreds of injured, arson and looting of hundreds of businesses and an estimated damage of some 2.2 billion euros (NZ$4 billion).

    ‘Touched all topics’
    “We have touched on all topics, extensively and without any taboo, including the events related to the riots that broke out in New Caledonia in May 2024.”

    Valls said in this post-riot situation, “everyone bears their own responsibilities, but the French State may also have a part of responsibility for what happened a few months ago”.

    New Caledonia’s key economic leaders Mimsy Daly and David Guyenne with French Minister for Overseas Manuel Valls. Image: MEDEF NC/RNZ

    At the weekend, as part of the week-long talks, Valls and French Public Accounts Minister Amélie de Montchalin hosted a three-hour session dedicated to New Caledonia’s “devastated” economy.

    High on the agenda of the conference were crucial subjects, such as France’s assistance package, the need to reform and reduce costs in New Caledonia (including in the public service workforce) — as well as key sectors such as the health, tourism sectors and the nickel mining and processing industry — which has been facing an unprecedented crisis for the past two years.

    Unemployment benefits
    There was also a significant chapter dedicated to the duration of special unemployment benefits for those who have lost their jobs due to the riots’ destruction.

    Another sensitive point raised was the long and difficult process for businesses (especially very small, small and medium) damaged and destroyed for the same reasons to get insurance companies to pay compensation.

    Most insurance companies represented in New Caledonia have, since the May 2024 riots, cancelled the “riot risk” from their insurance coverage.

    This has so far made it impossible for riot-damaged businesses to renew their insurance cover under the same terms as before.

    French assistance to post-riot recovery in New Caledonia includes a 1 billion euros (NZ$1.8 billion) loan ceiling and a special fund of some 192 million euros (NZ$350 million) dedicated to the reconstruction of public buildings, mainly schools.

    New Caledonia’s students are returning to school next week as part of the new academic year.

    French Public Accounts Minister Amélie de Montchalin speaking from Paris to New Caledonia audience via a vision conference during the Economic Forum last Saturday. Image: NC la 1ère TV/RNZ

    Economy and politics closely intertwined
     Valls stressed once again that “there cannot be an economic recovery without a political compromise, just like there cannot be any lasting political solution without economic recovery”.

    “(France) needs to be there so that the economic slump (caused by the riots) does not turn into a social disaster which, in turn, would exacerbate political fractures”.

    “The government of France will be on your side. No matter what happens. We are absolutely taking charge of our responsibilities.”

    The “economic Forum” was also the first time delegations from all political tendencies, even though they did not talk to each other directly, were at least sitting in the same room.

    “Thank you all for being here, this is a beautiful picture of New Caledonia. Maybe the economy can do more than politics”, Valls told the Economic Forum last Saturday.

    Next step: ‘trilateral’ meetings
     The next step, in New Caledonia, is for Valls to attempt holding “trilateral” meetings (involving all parties, pro and anti-independence and France) around the same table, which was not the case in Paris last week.

    The format of those Nouméa talks, however, “remains to be determined”.

    Valls said he could stay in New Caledonia for as long as one week because, he said, “I want to take time”, including to not only meet politicians, but also economic and civil society stakeholders.

    The 62-year-old French minister, who is also a former Prime Minister, as a political adviser to the then French Socialist Prime Minister Michel Rocard, was involved in the signing of the Matignon Accord, signed in 1988 between France, pro-independence and pro-France parties, which effectively put an end to half a decade of quasi civil war in the French Pacific archipelago.

    He also stressed that any future discussion would be based on the “foundation and basis” of the Matignon and Nouméa Accords which, he said, was “the only possible way”.

    The Nouméa Accord, signed in 1998 between the same parties, paved the way for a gradual transfer of powers from France to New Caledonia as well as a status of wider autonomy, often described in the legal jargon as “sui generis”.

    Until now, under the Nouméa Accord, the key powers remaining to be transferred by France were foreign affairs (shared with New Caledonia), currency, law and order, defence and justice.

    New Caledonia’s authorities have not requested the implementation of the transfer for another three portfolios: higher education, research, audiovisual communication and the administration of communes.

    An exit protocol
    But the 1998 deal also included an exit protocol, depending on the results of three referendums on self-determination.

    Those referendums were held in 2018, 2020 and 2021 and they all yielded a majority of votes against independence.

    However, New Caledonia’s pro-independence movement largely boycotted the third poll and has since contested its validity.

    Pro-France and pro-independence camps hold radically different views on how New Caledonia should evolve in its post-Nouméa Accord (1998) future status.

    The options mentioned so far by local parties range from a quick independence (a five-year process to begin in September 2025 following the anticipated signature of a “Kanaky Accord”) to some sort of yet undefined “shared sovereignty” that could imply an “independence-association”, or a status of “associated state” for New Caledonia.

    Pro-France parties, however, have previously stated they were determined to push for New Caledonia to remain part of France and, in corollary, that New Caledonia’s three provinces (North, South and Loyalty Islands) should be granted more separate powers, a formula sometimes described as “internal federalism” but criticised by pro-independence parties as a form of “apartheid”.

    Complicating factor
    Another complicating factor is that both sides — pro-independence and pro-France camps — are also divided between moderate and radical components.

    Last week, during question time in Parliament, Valls expressed concern at the current polarised situation: “People talk about racism, civil war. A common and shared project can only be built through dialogue.

    “The (previously signed, respectively in 1988 and 1998) Matignon and Nouméa Accords, both bearing the prospect of a decolonisation process, are the foundation of our discussions. I would even say they are part of my DNA,” the minister said.

    Referring to any future outcome of the current talks, he said they will have to be “inventive, ambitious, bold in order to build a compromise and do away with any radical position, all radical positions, in order to offer a common project for New Caledonia, for its youth, for concord and for peace”.

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

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Is Elon Musk taking over the US government? Here’s how ‘state capture’ works – and why we should be concerned

    Source: The Conversation (Au and NZ) – By Lee Morgenbesser, Associate Professor, School of Government and International Relations, Griffith University, Griffith University

    Many Americans have watched in horror as Elon Musk, the world’s richest person, has been permitted to tear through various offices of the United States government in recent weeks. Backed by President Donald Trump, and supported by a small team of true believers, he has successfully laid siege to America’s vast federal bureaucracy.

    On Tuesday, Trump signed an executive order giving Musk even more power. It requires federal agencies to cooperate with his “Department of Government Efficiency” (known as DOGE) in cutting their staffing levels and restricting new hires.

    In his first comments to the media since joining the Trump administration as a “special” government employee, Musk also responded to criticism that he’s launching a “hostile takeover” of the US government.

    The people voted for major government reform, and that’s what people are going to get.

    Are Musk’s actions akin to a “hostile takeover” of government, or a coup? I argue it’s more a form of “state capture”. Here’s what that means.

    Why it’s not a coup or self-coup

    Under the pretence of maximising government efficiency and productivity, DOGE has amassed quite a bit of power. It has:

    Musk’s blitzkrieg across Washington – carried out in apparent violation of numerous federal laws – has not only stirred confusion, but defied explanation.

    A popular argument, supported by some historians and commentators, is that Musk’s actions amount to a coup. They argue this is not a coup in the classic sense of a takeover of the physical centres of power. Rather, it’s a seizure of digital infrastructure by an unelected group seeking to undo democratic practices and violate human rights.

    This term, however, is not technically correct. The most widely accepted definition of a coup is:

    an overt attempt by the military or other elites within the state apparatus to unseat the sitting head of state using unconstitutional means.

    Since Musk and Trump are bedfellows in this plot, the tech billionaire is clearly not trying to violently unseat the president.

    Another possible explanation: this is a self-coup. This describes a situation in which

    the sitting national leader takes decisive illegitimate action against countervailing institutions and elites to perpetuate the incumbent’s power.

    In December, South Korean President Yoon Suk Yeol attempted a self-coup when he declared martial law in order to ostensibly protect the country from opposition forces. He quickly reversed his decision amid elite defections and mass public demonstrations.

    Though self-coups are becoming more common, Musk is doing the dirty work in the US – not Trump. Also, Musk’s chief target – the bureaucracy – does not nominally offset presidential power (except in conspiracy theories).

    What is ‘state capture’?

    More accurately, Musk’s siege amounts to a form of “state capture”. This refers to:

    the appropriation of state resources by political actors for their own ends: either private or political.

    By this logic, Musk’s aim could be to capture different pieces of the US government and turn the state into a tool for wealth extraction.

    State capture is a relatively simple but extremely destructive process. This is how it has played out in countries like Indonesia, Hungary, Nigeria, Russia, Sri Lanka and South Africa (Musk’s birthplace):

    First, political and corporate elites gain control of formal institutions, information systems and bureaucratic policy-making processes.

    Then, they use this power to apply rules selectively, make biased decisions and allocate resources based on private interests (rather than the public good).

    In captured states, strongman leaders often use economic policy and regulatory decisions to reward their political friends. For instance, Hungarian Prime Minister Viktor Orbán, Russian President Vladimir Putin and former South African President Jacob Zuma have helped their allies by:

    • making government anti-trust decisions
    • issuing permits and licenses
    • awarding government contracts and concessions
    • waiving regulations or tariffs
    • conferring tax exempt status.

    State capture is fundamentally a predatory process.

    By taking over how the American government does business, Musk could be seeking to enrich a small but powerful network of allies.

    The first beneficiary would be Trump, who is no stranger to using his office to expand his family’s business empire. With a more fully captured state, Trump can take an active role in determining how public wealth is dispersed among corporate and political elites. This decision-making power often goes hand-in-hand with “personalist” regimes, in which everything is a transaction with the leader.

    The second beneficiary would be Musk himself and other Silicon Valley mega-billionaires who have bent a knee to Trump. By positioning their tech companies as the solution to what allegedly ails the federal government, particularly when it comes to the use of artificial intelligence, they stand to secure lucrative contracts handed out by the “new” state.

    The third beneficiary would be the small army of engineers and technicians working with Musk to upend the American government. As loyal foot soldiers, these individuals will be compensated with career advancement, financial gains and networking opportunities, while also enjoying legal impunity. This kind of quid pro quo is how authoritarian regimes work.

    What this could mean for the US

    As Musk continues his assault on the federal bureaucracy, the American people will suffer the consequences.

    The most immediate impact of state capture: worse decisions are made. By purging experienced civil servants, cancelling government contracts and accessing sensitive information systems, Musk’s actions will likely degrade the standard of living at home and endanger American lives abroad.

    State capture also means there would be less accountability for the Trump administration’s public policy decisions. With a lack of congressional and independent oversight, key decisions over the distribution of economic benefits could be made informally behind closed doors.

    Finally, state capture is inseparable from corruption. Doing business with the US federal government could soon require one to pass a loyalty test rather than a public interest test.

    Trump’s enemies will encounter more hurdles, while his allies will have a seat at the table.

    Lee Morgenbesser receives funding from the Australian Research Council (DP220103214). He is also a member of the Australian Labor Party.

    – ref. Is Elon Musk taking over the US government? Here’s how ‘state capture’ works – and why we should be concerned – https://theconversation.com/is-elon-musk-taking-over-the-us-government-heres-how-state-capture-works-and-why-we-should-be-concerned-249471

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: 1 dead, 25 injured in train accident in Germany

    Source: China State Council Information Office 3

    The number of injuries has risen to 25 as a high-speed train collided with a semi-trailer at a railway crossing in Hamburg, Germany, on Tuesday.

    The accident occurred on the outskirts of Hamburg when an InterCity Express (ICE) train en route from Hamburg to Munich crashed into the semi-trailer at high speed. One passenger, a 55-year-old man, sustained critical injuries and died shortly after the collision.

    Among the injured, six are reported to have sustained moderate injuries, according to German public broadcaster ARD’s Tagesschau program. Eyewitnesses stated that the force of the collision shattered windows, particularly in the front carriages.

    Reports suggest that the truck was attempting to cross the tracks when the crash occurred, and the driver managed to jump out just before the impact. The collision caused a large debris field, with heavy iron and track parts scattered around, as the semi-trailer was reportedly carrying railway tracks.

    Despite the severity of the crash, fire department officials confirmed that the approximately 300 remaining passengers aboard the long-distance train were unharmed and have safely disembarked. Authorities are still investigating the cause of the accident.

    MIL OSI China News –

  • MIL-OSI China: China receives first unpainted Airbus A350 in 2025

    Source: China State Council Information Office

    An Airbus A350 aircraft without livery is pictured in north China’s Tianjin Municipality, Feb. 11, 2025. [Photo/Xinhua]

    An Airbus A350 aircraft without livery flew from Toulouse, France, to north China’s Tianjin Municipality on Tuesday, marking the first such arrival in 2025, the European aircraft manufacturer Airbus said.

    The jet, which completed assembly overseas, will undergo final cabin installation, painting, and flight testing at the Airbus Tianjin Widebody Completion and Delivery Center (C&DC) before its delivery to the customer.

    Airbus established its A320 Family Final Assembly Line Asia in Tianjin in 2008, its first production facility outside Europe. The C&DC, inaugurated in 2017 and the first of its kind outside Europe, began supporting A350 completion and delivery in 2020.

    As of the end of 2024, the C&DC had delivered 767 A320 Family jets, 16 A330s and 25 A350s.

    “China is Airbus’ largest single-country market globally,” said George Xu, Airbus executive vice president and Airbus China CEO.

    According to Xu, aircraft delivered to Chinese customers account for about 20 percent of Airbus’ global annual deliveries. Additionally, the company’s market share in China has risen from some 20 percent in 2008 to more than 50 percent today.

    Xu said that 2025 marks the 40th anniversary of Airbus civil aircraft entering the Chinese mainland market, and the company will continue working with Chinese aviation partners to promote the high-quality development of China’s aviation industry.

    MIL OSI China News –

  • MIL-OSI China: US tariffs on steel, aluminum spark strong backlash across Europe

    Source: China State Council Information Office

    This photo taken on Oct. 4, 2024 shows the European Commission building in Brussels, Belgium. [Photo/Xinhua]

    U.S. President Donald Trump’s decision to impose a 25-percent tariff on steel and aluminum imports upon entering the United States, regardless of their country of origin, has sparked strong opposition across Europe.

    European Commission President Ursula von der Leyen warned on Tuesday that U.S. tariffs on steel and aluminum imports from the European Union (EU) “will trigger firm and proportionate countermeasures.”

    “Unjustified tariffs on the EU will not go unanswered,” von der Leyen said in a statement. “The EU will act to safeguard its economic interests. We will protect our workers, businesses and consumers.”

    Addressing members of the European Parliament (MEPs) in Strasbourg on Tuesday, European Commissioner for Trade and Economic Security Maros Sefcovic said that the EU will respond “firmly and proportionately” to the tariffs imposed by the U.S.

    “In our opinion the tariffs are unjustified, because they will lead to an increase in prices and inflation,” Sefcovic said. Describing the move as a “lose-lose scenario,” he warned that the tariffs were “economically counterproductive.”

    German Chancellor Olaf Scholz reaffirmed EU’s stance on countermeasures. “If the U.S. leaves us no other choice, the EU will respond with a united position,” he said in a speech to the Bundestag on Tuesday.

    However, he cautioned against escalating tensions. “I hope we can avoid the misguided path of tariffs and counter-tariffs, as trade wars ultimately come at the expense of prosperity on both sides,” he added. He also warned that U.S. tariffs could soon extend beyond steel and aluminum, posing a particular threat to Germany as Europe’s largest exporting economy.

    Dirk Jandura, president of the Federation of German Wholesale, Foreign Trade and Services (BGA), said in a statement that should Trump’s tariffs take effect, the EU must respond with a unified position. He cautioned that a trade war could have “fatal” consequences.

    Polish Prime Minister Donald Tusk said Tuesday that Poland is preparing for the potential impact of the U.S. tariffs. “It is worth doing everything to avoid unnecessary trade and customs wars, because this brings negative consequences for producers and consumers,” Tusk said before a government meeting.

    Czech Industry and Trade Minister Lukas Vlcek told local media Tuesday that Europe needs to act in unison against the U.S. tariffs. Given the size of the EU’s trade with the U.S., a tariff war would not help anyone, he said.

    Slovak Prime Minister Robert Fico said in a post on social media Monday evening that the imposition of high customs tariffs on steel and aluminum from Europe is a manifestation of Trump’s distrust in the power of the EU, which he disrespects.

    A new round of U.S. protectionist policies could harm global trade, disrupt supply chains, and ultimately burden consumers in the U.S., Fabrizio Hochschild, former under-secretary-general of the United Nations (UN), told Xinhua.

    “History shows that unilateral tariffs often provoke retaliatory measures, disrupting supply chains and undermining economic stability,” Hochschild noted, emphasizing that trade disputes should be resolved through multilateral mechanisms like the World Trade Organization (WTO).

    “In any case, the announced tariffs will harm American producers and consumers in the end,” said Drago Patrlj, Croatian political analyst. “The world seems heading for a trade war, and it is extremely uncertain who will win and who will lose,” he said, adding, “In fact, everyone will lose, it’s just a question of who will lose more.”

    MIL OSI China News –

  • MIL-OSI United Nations: Financial Accounts Workshop

    Source: United Nations Economic Commission for Europe

    Provisional Timetable PDF PDF
    Session 1. New Recommendations in the 2025 SNA pertaining to financial accounts    
    Session 1: Video recording Link Link
    Recommendations in the 2025 SNA pertaining to the financial accounts (IMF) PDF PDF
    Session 2. Use of financial accounts for analytical purposes    
    Session 2: Video recording Link Link
    Use of Financial Account Balance Sheet in the EU (Eurostat) PDF PDF
    Use  of Financial Accounts for Analytical Purposes (Central Bank of The Republic of Türkiye) PDF PDF
    Use of financial accounts for analytical purposes. Private Sector Debt with a focus on NFCs (National Bank of Belgium) PDF PDF
    Session 3. Issues related to non-financial corporations    
    Session 3: Video recording link link
    Analyzing Non-Financial Corporation Using Institutional Sector Accounts (IMF) PDF PDF
    Financial Accounts in Armenia (Statistical Committee of the Republic of Armenia) PDF PDF
    Compilation of Financial Accounts for Non-Financial Corporations (Central Bank of The Republic of Türkiye) PDF PDF
    Compilation and Utilisation of the Financial Account of the Non-financial Corporations (NFC) Sector: Experience, Challenges, and Opportunities (Bank Indonesia) PDF PDF
    Non-financial corporations: compilation process in the Belgian financial accounts matrix (National Bank of Belgium) PDF PDF
    Non-financial Corporations (Statistics Iceland) PDF PDF
    Session 4. Issues related to household sector    
    Session 4: Video recording link link
    Household Sectors Issues Using Institutional Sector Accounts (IMF) PDF PDF
       Exercise 1 XLSX, PDF XLSX, PDF
       Exercise 1 – Solution XLSX XLSX
       Exercise 2 XLSX, PDF XLSX, PDF
       Exercise 2 – Solution XLSX XLSX
    The household sector (Statistics Iceland) PDF PDF
    Recording Crypto Assets in Macroeconomic Statistics (IMF) PDF PDF
       F.18 The Recording of Crypto Assets in Macroeconomic Statistics PDF PDF
    Challenges with Cryptocurrencies in Georgia (National Statistics Office of Georgia) PDF PDF
    Foreign currency held by Households (National Bank of Moldova) PDF PDF
    Session 5. Issues related to financial instruments and specific transactions    
    Session 5: Video recording link link
    Financial instruments (ECB) PDF PDF
       Exercises on  Mergers and Acquisitions (M&A) XLSX XLSX
       Exercises on  Mergers and Acquisitions (M&A) – Solutions XLSX XLSX
    Statistical measurement of illicit financial flows (UNCTAD) PDF PDF
    Non-financial Corporations equity liabilities (National Bank of Moldova) PDF PDF
    Session 6. Who-to-whom, consistency and balancing    
    Session 6: Video recording link link
    Recommendations to improve the Vertical Consistency of EU Sector Accounts (ECB) PDF PDF
    Combining sources and balancing the accounts (ECB) PDF PDF
       Exercises on balancing XLSX XLSX
       Exercises on balancing – Solution XLSX XLSX
    Financial Accounts in Kyrgyzstan (National Statistical Committee of the Kyrgyz Republic) PDF PDF
    From-whom-to-whom – practical solution for compiling FA statistics, NBRNM case (National Bank of the Republic of North Macedonia) PDF PDF
    Who-to-whom, consistency and balancing (Statistics Iceland) PDF PDF
    Session 7. Conclusions and recommendations    
    Session 7: Video recording link link
    Conclusions and way forward PDF PDF

    MIL OSI United Nations News –