Category: European Union

  • MIL-OSI Asia-Pac: Import of poultry meat and products from Csongrád-Csanád County in Hungary suspended

    Source: Hong Kong Government special administrative region

         â€‹The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 15) that in view of a notification from the Ministry of Agriculture of Hungary about an outbreak of highly pathogenic H5N1 avian influenza in Csongrád-Csanád County in Hungary, the CFS has instructed the trade to suspend the import of poultry meat and products from the area with immediate effect to protect public health in Hong Kong.

         A CFS spokesman said that Hong Kong has currently established a protocol with Hungary for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 40 tonnes of frozen poultry meat from Hungary in the first six months of this year. 

         “The CFS has contacted the Hungarian authority over the issue and will closely monitor information issued by the World Organisation for Animal Health and the relevant authorities on the avian influenza outbreak. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

    MIL OSI Asia Pacific News

  • MIL-OSI Video: UK Audio report summary: The transition from education to employment for young disabled people

    Source: United Kingdom UK House of Lords (video statements)

    The House of Lords Public Services Committee has published its report on the transition from education to work for young disabled people. It calls on the government to work with employers to ensure they have the tools and support they need to create inclusive workplaces. The report also calls for increased awareness of the workplace rights of disabled people and the urgent need for systems to tackle workplace discrimination.

    You can find out more about the report in this video, or you can read a summary at https://ukparliament.shorthandstories.com/transition-employment-young-disabled-people-public-services-lords-report/index.html

    #HouseOfLords #UKParliament

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

    MIL OSI Video

  • MIL-OSI Economics: François Villeroy de Galhau: Fintechs – at the forefront of “new frontiers”

    Source: Bank for International Settlements

    Ladies and Gentlemen,

    I am delighted to welcome you to the Banque de France for this fifth annual Fintech Forum, organised jointly by the ACPR and AMF. I would like to extend a warm welcome to Marie-Anne Barbat-Layani, Chair of the AMF, and to thank Clara Chappaz, Secretary of State for Artificial Intelligence and Digital Technologies, for her presence at the close of this morning’s proceedings. We created this Forum with a simple aim: to show that the Banque de France, and our Authorities, are as much those of the fintechs as they are of the incumbent players, and that innovation and regulation do not necessarily constitute an odd couple.

    Today I would like to illustrate this with a continuity, a break with the past, and a challenge. First, the continuity: while the first few months of 2024 have witnessed a stabilisation of the amount of funds raised, the ACPR and the Banque de France remain resolutely committed to fintechs (I). The break with the past concerns the surge in artificial intelligence: the ACPR stands ready to assume the role of “market supervisor” for the French financial sector (II). Lastly, the challenge is one of balancing openness and trust: as from next January, DORA legislation will provide more trust – as well as more requirements (III).

    I. Continuity: the commitment of the Banque de France and the ACPR to the innovative ecosystem

    1. A stabilising financial environment

    After the heady years of 2021 and 2022, followed by a sharp downturn in 2023,i funds raised by French fintechs stabilised in the first half of 2024 at EUR 560 million, compared with EUR 568 million in the first half of 2023.ii Therefore France is still the EU’s biggest market, ahead of Germany (nearly EUR 500 million), but continues to lag well behind the United Kingdom (EUR 1.3 billion). This stabilisation is due in particular to the shift in monetary policy: the last increase in key rates was in September 2023, and since then we have cut rates twice by 25 basis points, in June and September, as a result of the sharp fall in inflation. I will refrain from saying any more as we are in a “silent period”.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Meeting between EU High Representative and Vice-President and Foreign Secretary: joint press release, 14 October 2024

    Source: United Kingdom – Executive Government & Departments 3

    Foreign Secretary David Lammy and EU High Representative Josep Borrell reaffirmed the importance of the relationship between the EU and the UK for European security.

    EU High Representative and Vice-President Josep Borrell and Foreign Secretary David Lammy in Luxembourg.

    The United Kingdom Secretary of State for Foreign, Commonwealth and Development Affairs, Rt Hon David Lammy MP, and the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell, met today ahead of attending the EU Foreign Affairs Council to exchange views with EU Foreign Affairs Ministers on shared security challenges facing Europe. 

    The Foreign Secretary and the High Representative reiterated their ironclad commitment to maintain support to Ukraine as it defends its freedom and sovereignty against Russian aggression; and their condemnation of third-country support to Russia’s military.  

    They shared their deep concern about spiralling violence in the Middle East and call for an immediate ceasefire across the Israel-Lebanon border; and in Gaza for the release of all hostages, unhindered access for humanitarian aid and renewed focus on a two-state solution. They underline their unwavering support to UNIFIL’s role. It is vital that peacekeepers and civilians are protected. They fully support UNIFIL’s work in South Lebanon, which is mandated in UN Resolution 1701.

    They condemn Iranian attacks on Israel and its supply of ballistic missiles to Russia for use against Ukraine and are committed to sanction Iran’s regime on that account.  

    In the light of a difficult geopolitical context, the High Representative and the Foreign Secretary reaffirmed the importance of the relationship between the European Union and the United Kingdom for European security and defence and agreed to advance work towards a security partnership to address common threats and challenges.

    They underlined the importance and value of regular exchanges and the need for the EU and the UK to stand together as close partners in security and defence. High Representative Borrell and UK Foreign Secretary Lammy agreed during their meeting that the UK and EU will establish a six-monthly Foreign Policy Dialogue between the UK Foreign Secretary and the EU High Representative for Foreign Affairs, to enable strategic cooperation on the highest priority issues and first meeting in early 2025.  In addition, they also agreed to a number of regular UK-EU strategic consultations to sit underneath this on Russia/Ukraine, the Indo-Pacific, the Western Balkans and Hybrid threats. 

    In the face of an increasingly volatile and unstable world, the time is right for friends to stand together in partnership and work together on our shared foreign policy and security challenges.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 14 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Economics: Gabriel Makhlouf: Opening statement – joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

    Source: Bank for International Settlements

    Good afternoon Chair, Committee members.

    Thank you for the invitation to appear before you today. I am joined by Deputy Governors Vasileios Madouros and Derville Rowland.

    I will begin by giving a brief overview of the economic outlook in the EU and in Ireland, before I touch on some consumer protection issues.

    The economic outlook in the EU

    Turning to the outlook, growth in the euro area as a whole slowed in the second quarter of 2024, driven by weaker investment and consumption. Having said this, the latest projections are for a consumption-led growth recovery, albeit marginally weaker than what was previously expected. Employment growth is projected to be somewhat weaker than its pre-pandemic average.  

    We remain on track to reach our 2 per cent inflation target in the fourth quarter of 2025, although some uncertainty remains around this baseline forecast. In particular more persistent services inflation and stronger than expected wage growth could impact the forecast.

    At the most recent ECB Governing Council meeting, my colleagues and I decided to lower the deposit facility rate by 25 basis points, to 3.5 per cent. This was informed by the euro area inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.

    Last month we also implemented changes we had announced in March to the operational framework for implementing monetary policy, which sees the spread between the main refinancing operations rate (MRO) and our main policy rate – the deposit facility rate – set at 15 basis points.

    The economic outlook in Ireland

    Turning to the Irish economy, it continues to grow at a strong pace supported by the buoyancy of domestic economic activity.  Our latest Quarterly Bulletin – published last month – paints a picture of a resilient domestic economy poised to grow in the region of 2.5 per cent annually through to 2026.  Headline inflation has eased considerably to below 2 per cent, and is expected to remain between 1.5 and 2 per cent out to 2026.

    However, challenges to maintaining such performance are becoming more evident. Stronger than expected growth, over and above the economy’s potential rate, has brought into sharp focus domestic supply and infrastructure constraints. These, in turn, present a situation where globally-determined inflation in Ireland is declining substantially, while more domestically-driven inflation, as reflected in services price inflation, remains significant at around 4 per cent.

    Given current conditions, the continued expansionary fiscal stance adds unnecessary stimulus to an economy at full employment. Against the current macroeconomic backdrop, increasing net spending in excess of 5 per cent over an extended period implies that the fiscal stance will aggravate price inflation and wage pressures, undermining competitiveness and creating risks that could damage sustainable economic growth.

    As my pre-Budget letter of 4 July to the Minister for Finance – and the paper on the housing market we published last month – observed, higher levels of public investment are likely to be required over the coming years given known deficits in housing and to meet longer term structural challenges linked to the climate transition.

    So while the projected increases in public investment are necessary, careful management of the overall fiscal stance is needed to avoid overheating. With the economy already at full employment, there is a risk that increasing public investment on the scale envisaged fuels overheating pressures and results in poor value for money. To avoid this outcome, it would have been preferable if the upward revisions to public investment had been accommodated while keeping overall net spending below 5 per cent. Undoubtedly, this would have presented difficult choices and trade-offs to be made in other areas of expenditure and on taxation.

    Furthermore, to ensure additional government expenditure yields real improvements in services and that infrastructure investment is delivered efficiently, essential change outside of fiscal measures is needed in broader public policy areas. This includes in particular addressing delays and bottlenecks in the planning system, in the building regulation process and in construction. Progress in these areas would also help to further incentivise and crowd-in private investment.

    Consumer protection

    Let me turn to consumer protection.  The Central Bank’s mission is to serve the public interest by maintaining monetary and financial stability while ensuring that the financial system operates in the best interests of consumers and the wider economy. All of our work is aimed at serving the public interest and protecting consumers of financial services, whether it is through the Consumer Protection Code, the mortgage measures, monetary policy, our oversight of payments systems, or supervising to ensure firms are resilient and are acting in the best interests of their consumers.

    The environment in which we operate is changing rapidly, driven by technological change and by consumer preferences. The ways in which we as consumers buy, use and engage with financial services has changed hugely, leading to new risks in the financial sector we supervise and for the consumers we protect.

    As outlined in my two recent letters to yourselves, the Central Bank is making changes to the way we are organised to deliver our financial regulation responsibilities. Consumer protection remains a core part of those responsibilities. But in order to continue to deliver on our mandate both today and into the future, we are changing our approach to ensure that consumers of financial services are protected in an increasingly complex environment. This enhanced approach is based on accumulated experience, on insight, on best practice and is built for a faster moving and more complex financial services sector. We are making the most fundamental strengthening of our consumer protection approach for more than a decade.

    In terms of frameworks, as you know, we will shortly be introducing an updated Consumer Protection Code. This follows the largest, most in-depth review of the Code since it was introduced to ensure that it is fit for purpose into the future, is reflective of the changed nature of financial services and strengthens protections for consumers. This is a tangible demonstration of our ongoing commitment to the protection of consumers of financial services right across the country, and we have consulted widely on it to ensure we hear consumers’ and other stakeholders’ views directly.

    To implement the rules we need the right operational approach internally. This includes moving to an integrated framework where, at an operational level, directorates with oversight of banks, insurance companies and capital markets will be responsible for the supervision of all the functions of their respective sectors (as opposed to separate directorates undertaking supervisory activities for consumer protection, prudential regulation and market supervision).  

    The new approach will make it easier to direct our supervisory resources to the areas of most risk to consumers or the system more widely. Importantly, we are taking the existing team that stood in a single consumer protection directorate and placing them where their expertise is most required, directly in supervisory directorates across banks, insurance and funds. ‘Mainstreaming’ consumer protection activity in this way will enable us to dedicate greater attention and resources to where the particular risk is at a point in time. The new approach will allow us to do more, not less, to protect consumers.

    Let me give an example of how we see the interconnections in our work in relation to consumer protection. Next week we will publish our analysis of the shortfall between the cost of flooding in Ireland and that portion of the cost which is not insured. We know that Ireland will face more frequent and severe floods as the effects of climate change continue to crystallise and as we approach critical tipping points in a range of significant areas that increasingly require urgent action. Climate change has implications for the economy and for the financial system and floods in particular will impact directly on communities and consumers as well as the balance sheets of insurance companies. We cannot require insurance companies to provide flood insurance cover but our analysis can help everyone to understand the risks and support the cooperation and coordination required from the many stakeholders involved in building flood resilience in Ireland.

    Finally, and as set out in my letter, the internal operational changes that we are making will not change the focus on consumer protection at the most senior levels of the Central Bank. Derville Rowland, as Deputy Governor (Consumer and Investor Protection), will continue to have consumer protection at the core of her responsibilities. The Central Bank Commission’s Consumer Advisory Group will also continue to operate as it does now. And the entire senior leadership team led by me will continue to have a focus on consumer protection.

    These changes will come into effect in January and we are convinced that they are the best way for the Central Bank to continue to deliver on its mission, ensuring the financial system continues to operate in the best interests of consumers and the wider economy.

    Conclusion

    We are happy to take your questions.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Make sure you are eligible for Pension Credit

    Source: Scotland – City of Dundee

    Pensioners across Dundee are being encouraged to apply for Pension Credit. 

    On average, this could be an extra £3,900 a year. 

    From this year, pensioners who receive pension credit are automatically eligible for the Winter Fuel Payment. 

    The Council’s Advice Services team will be directly targeting households that may be eligible for Pension Credit. The team will be calling, emailing and carrying out face-to-face activities to assess eligibility and assist with the application process. 

    In addition, the Council will be working with partners, including the DWP and Dundee Citizens Advice Bureau, in the coming weeks to encourage people to apply for this benefit. 

    The last date to make a successful backdated claim for Pension Credit to receive this year’s Winter Fuel Payment is 21 December. Applicants need to request 3 months backdating when a claim is made in order to qualify. 

    Since February this year nearly £1.5 million has been paid to the pensioners of Dundee in various benefits, with the average Pension Credit award being £63.51 per week. 

    Pension Credit is a payment for those whose income is less than the UK Government states someone over Pension age should receive.    

    Entitlement to Pension Credit depends on a person’s circumstances and looks at all the income in the household as well as savings over a certain amount. Whilst savings are considered, there is no upper threshold, so having savings does not necessarily mean there would be no entitlement.    

    Pension Credit also gives eligibility to free NHS dental treatment, NHS glasses, free TV License for over 75s, amongst other benefits.    

    Anyone looking to get a benefits check should contact us on cas@dundeecity.gov.uk or via our Older Peoples Take-up Campaign line on 01382 434474.

    Council Leader Mark Flynn said: “Since the launch of this campaign, we’ve managed to get nearly £1.5 million into the pockets of pensioners across the city.  

    “We know that many people will struggle with their heating bills over the winter period, which is why it’s so important for them to come forward and apply for Pension Credit, as this automatically makes them eligible for the Winter Fuel Allowance. 

    “Hundreds of people are missing out on this important payment, and that needs to change. I want to highlight the great work of the council welfare rights team who are working tirelessly to contact pensions across Dundee to check eligibility and help them with their application.  

    “I have no doubt that without their hard work, many more pensioners would be struggling this winter. 

    “If you know someone who you think is eligible, please do get in touch with our team so that they can carry out a check for you.”

    MIL OSI United Kingdom

  • MIL-OSI Germany: October results of the Bank Lending Survey (BLS) in Germany | Credit standards for firms not tightened further

    Source: Deutsche Bundesbank in English

    For the first time in nearly three years, the German banks responding to the Bank Lending Survey (BLS) did not tighten their credit standards for loans to enterprises further in the third quarter of 2024, but eased them marginally instead. On the other hand, they once again tightened their credit standards for loans to households for house purchase and for consumer credit and other lending to households For the fourth quarter, banks are planning to tighten their credit standards for loans to enterprises again, partly owing to pessimistic market and economic expectations.
    The surveyed banks, did not, on balance, change credit terms and conditions for loans to enterprises. Terms and conditions were eased for loans to households for house purchase and tightened for consumer credit and other lending to households.
    Demand for loans increased in all three loan categories. As expected by banks, the resurgence of demand for loans to enterprises that started in the previous quarter continued. The increase in demand for loans to households exceeded the previous quarter’s expectations.
    The ECB Governing Council’s past and expected key interest rate decisions had a positive impact on net interest income, thereby contributing to an improvement in banks’ profitability in the 2024 summer half-year. For the winter half-year 2024-25, banks are expecting the key interest rate decisions to have a negative impact on their net interest income as well as on their profitability.
    The BLS covers three loan categories: loans to enterprises, loans to households for house purchase, and consumer credit and other lending to households. For the first time in nearly three years, the surveyed banks did not tighten their credit standards (i.e. their internal guidelines or loan approval criteria) for loans to enterprises further, but eased them marginally. By contrast, they tightened their standards for loans to households again. The net percentage of banks that adjusted their requirements was −3% for loans to enterprises (compared with +3% in the previous quarter), +7% for loans for house purchase (compared with +7% in the previous quarter), and +15% for consumer credit and other lending to households (compared with +7% in the previous quarter). In the previous quarter, banks had planned to tighten their standards marginally for loans to enterprises. By contrast, the adjustments in loans to households for house purchase were broadly consistent with what had been planned in the previous quarter; standards for consumer credit and other lending to households were tightened more strongly than planned.
    The recent marginal easing of credit standards for loans to enterprises took place against the backdrop of many and varied low-impact factors – an indication of banks’ uncertain assessments of the general situation. While banks indicated that the general economic situation and the economic outlook were having a restrictive impact on all loan categories, only loans to households have been subject to a tightening of credit standards thus far.

    The banks cited their perception of increased credit risk as the key factor behind the tightening of credit standards for loans to households, attributing this to households’ lower creditworthiness. For the fourth quarter of 2024, banks are planning to tighten credit standards for loans to enterprises and consumer credit and other lending to households, but are not planning to adjust the standards for loans to households for house purchase.
    Although, on aggregate, banks made hardly any changes in the third quarter to their credit terms and conditions (i.e. the terms and conditions actually approved as laid down in the loan contract) for loans to enterprises, this conceals lower lending rates on the one hand and an increase in margins on riskier loans on the other. Terms and conditions for loans to households for house purchase were eased, on the whole. The expansionary adjustments are the outcome of reduced lending rates and lower margins irrespective of credit ratings. As regards consumer credit and other lending to households, meanwhile, limits on loan amounts and increased margins irrespective of credit ratings were the main reasons for the tightened credit terms and conditions overall.
    Demand for bank loans in Germany rose on balance in all loan categories in the third quarter of 2024. The pick-up in demand for loans to enterprises that had begun in the previous quarter continued. This was consistent with banks’ expectations in the previous quarter. Banks saw the decline in the general level of interest rates as the main reason for the increase in demand. For the first time in around two years, this factor no longer dampened, but rather supported, firms’ demand for loans. In addition, funding needs for debt refinancing, restructuring and renegotiation increased. After a second quarter in which fixed investment had been the main driver of overall demand growth, only small and medium-sized enterprises demanded marginally more lending for this purpose in the third quarter. The “inventories and working capital” factor, which had also contributed significantly to the increase in demand in the previous quarter, had an overall slightly dampening effect on demand in the third quarter, as large firms had less need for loans for this purpose. A reduction in internal financing options pushed demand slightly upwards.

    According to banks, households increased their demand for loans for house purchase mainly because they took a more positive view of the housing market outlook. In addition, the general interest rate level once again pushed up demand. Banks believe that demand for consumer credit and other loans to households increased since more durable consumer goods were being purchased and consumer confidence was on the rise. The rejection rate rose for loans to enterprises and consumer credit and other lending to households, whereas it fell for the second time in a row for loans to households for house purchase. For the next three months, the surveyed banks are expecting to see demand increase further across all three loan categories.
    The October survey round contained ad hoc questions on participating banks’ financing conditions and the impact of the ECB Governing Council’s past and expected key interest rate decisions. It also included questions on the impact of the Eurosystem’s monetary policy asset portfolios and on the third series of targeted longer-term refinancing operations (TLTRO III).
    Against the backdrop of conditions in financial markets, German banks reported that their funding situation had improved somewhat compared with the previous quarter. The ECB Governing Council’s past and expected future key interest rate decisions have had, overall, a positive impact on banks’ profitability over the past six months. However, following the two interest rate cuts in June and September of this year, fewer banks reported a positive impact than in previous surveys. Banks continued to attribute the positive impact to an increase in net interest income. For the 2024-25 winter half-year, banks are expecting the key interest rate decisions to have a negative impact on their net interest income as well as on their profitability. The reduction in the Eurosystem’s monetary policy securities holdings, taken in isolation, had a positive impact on profitability, as it contributed to an increase in net interest income. German banks assessed the impact on their capital ratios, too, as positive.
    Over the past six months, TLTRO III has had hardly any impact on the financial situation of banks in Germany. Only in terms of profitability did banks continue to report a positive impact. For the first time, TLTRO III no longer had any impact on the liquidity position of banks in Germany. As the deadline for repaying borrowed funds in full is December 2024, banks are not expecting TLTRO III to have any further impact on their financial situation over the next six months.
    The Bank Lending Survey, which is conducted four times a year, took place between 6 September and 23 September 2024. In Germany, 33 banks took part in the survey. The response rate was 97%.

    MIL OSI

    MIL OSI German News

  • MIL-OSI United Kingdom: Members appointed and reappointed to the Parole Board

    Source: United Kingdom – Executive Government & Departments

    The Secretary of State has approved the appointment and reappointments of Parole Board members.

    Appointment of Independent members

    The following members have been appointed for a 5-year term from 1 May 2024 until 30 April 2029:

    • Celeste Myrie
    • Heidi Leavesley
    • Rob McKeon
    • Emma Pusill

    Reappointment of existing members

    The reappointments of 115 Parole Board members have been approved. Details of those reappointed and the duration of each reappointment are provided below.

    Judicial members

    The following member has been reappointed for a further term of 2 years from 1 October 2023 until 31 July 2025

    • HH Jeremy Roberts

    The following member has been reappointed for a further term of 5 years from 1 October 2024 until 30 September 2029:

    •  Sir Timothy King

    The following members have been reappointed for a further term of 5 years from 1 October 2022 until 30 September 2027:

    • HH Ruth Downing
    • HH Andrew Jefferies
    • HH Anthony Lowe
    • HH Barbara Mensah

    The following members have been reappointed for a further term of 5 years from 1 September 2023 until 31 August 2028:

    • HHJ Noel Lucas
    • HHJ David Nathan Miller
    • HH Marcus Tregilgas-Davey

    The following members have been reappointed for a further term of 5 years from 1 November 2023 until 31 October 2028:

    • HH John Hand KC
    • HH Peter Jones
    • HH Roger Kaye
    • HH Anne Kiernan
    • HH James Orrell
    • HH Erik Salomonsen
    • HH Patrick Thomas
    • HH Michael Topolski

    The following members will be reappointed for a further term of 7 years from 1 December 2024 until 30 November 2031:

    • HH Anthony Ansell
    • HH Pamela Badley
    • HH Stephen Dawson
    • HH John Harrow

    The following members will be reappointed for a further term of 5 years from 1 October 2025 until 30 September 2030:

    • HJ Anthony Bate
    • HH Martin Beddoe
    • HH Geoffrey Kamil CBE
    • HHJ Louise Kamill
    • HH Graham White

    The following member will be reappointed for a further term of 7 years from 24 November 2024 until 23 November 2031:

    • Sir John Saunders

    Psychologist members

    The following members will be reappointed for a further term of 5 years from 1 October 2024 until 30 September 2029:

    • Rachel Atkinson
    • Dr Taljinder Basra
    • Gerhard Fritz
    • Julia Houston
    • Noreen Shami
    • Claire Thompson
    • Victoria Tunbridge

    The following member will be reappointed for a further term of 5 years from 1 October 2025 – 30 September 2030:

    • Joanne Lackenby

    Psychiatrist members

    The following members have been reappointed for a further term of 5 years from 1 November 2023 until 31 October 2028:

    • Dr Dawn Black
    • Dr Sandra Evans
    • Dr Kevin Murray
    • Dr Amanda Taylor

    Independent members

    The following member has been reappointed for a further term of 5 years from 2 August 2023 until 1 August 2028:

    • Stephanie McIntosh

    The following members have been reappointed for a further term of 5 years from 3 December 2022 until 2 December 2027:

    • Lindsay Addyman
    • Simon Ash
    • Dawn Baker
    • Kerrie Bell
    • Dr Andrew Dale
    • Christopher Emerson
    • Kay Fielding
    • Philip Geering
    • Kirsten Hearn
    • Aikta-Reena Solanki
    • Jane Thomson
    • David Watson

    The following members will be reappointed for a further term of 5 years from 1 October 2024 until 30 September 2029:

    • Maneer Afsar
    • Ifty Ahmed
    • Aysha Allibhaye
    • Zaiada Bibi
    • Malcolm Brain
    • Derek Bray
    • Marcia Brooks
    • Ngozi Lyn Cole
    • Rachel Craven
    • Stephen Garrett OBE
    • David Gravells
    • Joanna Hinds
    • Damian Hughes
    • Murad Hussain
    • Akeel Hussain
    • Sara Johnson
    • Michael Mellun
    • Jenny Mooney
    • Shubhada Patil
    • Rachel Pickering
    • Sukbinder Rai
    • Rachel Robertson
    • Vinnett Walsh
    • Sheila Wright

    Independent Members to be reappointed for a further term of 7 years from 1 December 2024 to 30 November 2031:

    • Shazia Ahmed
    • Katy Barrow
    • Daniel Bunting
    • Dr Rob Cawley
    • Michelle Coulson
    • Jo Dowling
    • Hedd Emrys-Vine
    • Melanie Essex
    • Elaine Moloney
    • Victoria Farmer
    • Douglas Paxton
    • Alison Pearson
    • Margaret Prythergch
    • Elizabeth Rantzen
    • Karol Sanderson
    • Lisa Sanderson
    • Sarah Wells
    • Cassie Williams

    The following members will be reappointed for a further term of 5 years from 1 October 2024 to 30th September 2029:

    • Jane Christian
    • Lucy Gampell OBE
    • Ronno Griffiths
    • Glyn Hibberd
    • Brenda McAll-Kersting
    • David Mylan
    • Aruna Walsh

    The following members will be reappointed for a further term of 5 years from 1 October 2025 to the 30th September 2030:

    • Peter Coltman
    • Geoff Crowe
    • Victoria Doughty
    • Sir Stewart Eldon
    • Rebecca Hunt
    • Chitra Karve
    • Susan Lewis
    • Tom Millest
    • Steve Pepper
    • Jenny Portway
    • Nigel Stone
    • Jennie Sugden
    • Kay Terry
    • Alan Whiffin

    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Riverside Sunderland regeneration boosted by new £30 million Homes England investment

    Source: United Kingdom – Executive Government & Departments

    Latest development in long-term partnership sees government’s housing and regeneration agency invest £29.75 million to boost Council’s £49.94 million investment in Riverside Sunderland infrastructure

    Credit: Sunderland City Council, Faulknerbrowns and Pillar Visuals

    Major works to transform Sunderland’s former industrial heartland into a thriving new urban quarter has been turbo-charged by £30 million of additional funding.

    Sunderland City Council and Homes England have agreed a funding package that will help accelerate the ongoing transformation and implementation of the Riverside Sunderland masterplan.

    The government’s housing and regeneration agency will provide £29.75 million to support the delivery of critical infrastructure, in addition to previously approved council funding of £49.94 million, taking the total infrastructure investment to almost £80 million.

    The funding package will underpin numerous interventions across the site, which will create around 1,000 new homes, new community infrastructure and 1million square ft of employment space, which is essential to the Council’s social and economic growth strategy.

    Immediate priorities include works to the New Wear footbridge and the creation of connections between the new residential development sites at Sheepfolds, Vaux and Farringdon Row.

    The funding is helping to leverage significant private sector investment, with contributions from Canada Life, Legal and General, and Placefirst Limited forming part of over £600m already invested in the Riverside Regeneration programme.

    Councillor Michael Mordey, leader of Sunderland City Council, said:

    Sunderland is growing its reputation as one of the most ambitious and innovative local authorities in the country, leveraging public and private sector investment to deliver a world-class place to live, work and play. 

    Securing investment on this scale is only possible because we commit and then deliver – time and time again – and this is a fantastic vote of confidence in our plans for a dynamic, vibrant new urban residential district.  We’re proud to be leading this from the front.

    Homes England chief executive Peter Denton said:

    Riverside Sunderland embodies how it’s possible to breathe new life into a place of huge historical significance for the area, and I’m very happy the Agency can support what is a strong, locally-led vision to become a reality.

    It’s our job and privilege to help put these plans into action by providing funding and wider expertise, working hand in glove with local leaders to create a sustainable, high-quality place that really works for people.

    The funding announcement signals the latest commitment to long-term partnership between Homes England and North East local authorities, galvanised by the announcement of a Strategic Place Partnership between the Agency and North East Combined Authority on 11 October.

    ENDS

    Notes to editors

    Contact information

    For further information, imagery or interview requests please contact media@HomesEngland.gov.uk or 0207 874 8262.

    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom

  • MIL-OSI: Matter Real Estate and GCM Grosvenor Continue Strategic European Residential Partnership with Investments in Germany and Denmark

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 15, 2024 (GLOBE NEWSWIRE) — Matter Real Estate (“Matter”), a London-based real estate investment firm, with support from one of its investors, GCM Grosvenor (NASDAQ: GCMG), is pleased to announce its initial investment in residential development platform 15 Degree in Germany as well as further investment into the Velkomn platform in Denmark.

    Matter, with the support of various GCM Grosvenor funds, will commit to new projects totalling over €500m across both companies, with the goal of developing a 2,000-unit portfolio across two of Europe’s strongest residential markets. Velkomn, a platform established by Matter in 2023 to invest in single-family residential properties in Denmark, recently purchased a 667-unit stabilised portfolio across eight schemes for €170m.

    Matter has also committed to funding equity for €250 million of developments with 15 Degree, a German residential developer and manager. The 15 Degree partnership, a new investment for Matter, will facilitate the development of a portfolio of sustainable residential properties in Berlin. The investment broadly supports the evolution of both new and distressed projects in the German market with the initial two assets secured totalling 156 units.

    These investments build upon GCM Grosvenor’s previous commitments to Matter platform company Placefirst, a leading developer of attainable housing in the UK, and strategically enhance GCM Grosvenor’s access to two of Europe’s most significant residential markets. The ongoing partnership reinforces the two firms’ commitment to pursuing strong, risk-adjusted opportunistic investments in the European residential sector for their clients.

    David Christie, CEO at Matter Real Estate, said: “Our partnership with GCM Grosvenor continues to go from strength to strength. These two investments show that Matter has the expertise to implement our pan-European residential strategy across key markets which present attractive growth opportunities. We look forward to sustaining our ongoing partnership with GCM Grosvenor and welcoming other investors in these strategies.”

    Peter Braffman, Managing Director at GCM Grosvenor, said: “European residential strategies remain a core focus of our investment program given the favourable supply/demand dynamics and the critical need for quality rental housing across the region. Our strategic investment program with Matter has given us a unique access point to these markets which we believe can generate positive outcomes for our clients and future residents.”

    END

    About Matter Real Estate

    Founded in 2021, Matter Real Estate is a real estate investment firm that focuses the living sector real estate across Europe. It takes an operational approach, focusing on assets that meet fundamental end-user needs in sectors where there is structural demand, but barriers to large-scale investment. Matter invests in sectors including, but not limited to, build-to-rent, single-family housing, senior living and affordable housing. Matter has a 16-person team all based in London. For more information, please visit http://www.matterrealestate.co.uk.

    About GCM Grosvenor
    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $79 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of approximately 540 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Media Contacts
    Greenbrook
    James Madsen and Emelia Rice | +44 20 7952 2000 | MatterRE@greenbrookadvisory.com

    The MIL Network

  • MIL-OSI Europe: Prime Minister to meet new NATO Secretary General and hold joint press conference

    Source: Government of Sweden

    Prime Minister to meet new NATO Secretary General and hold joint press conference – Government.se

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    Press release from Prime Minister’s Office

    Published

    Prime Minister Ulf Kristersson will meet with NATO Secretary General Mark Rutte at NATO headquarters in Brussels on Wednesday 16 October. Following the meeting, they will hold a joint press conference.

    The topics for discussion at the meeting will include NATO’s deterrence and defence and the Alliance’s support to Ukraine. 

    Mark Rutte succeeded Jens Stoltenberg as Secretary General of NATO on 1 October this year.  

    The press conference will begin at 13.50 and will be broadcast live on the NATO website. 

    Media representatives wishing to attend the press conference in person require special accreditation from NATO: follow the link under ‘Shortcuts’.

    Press contact

    MIL OSI Europe News

  • MIL-OSI New Zealand: Dairy export quota Bill passes first reading

    Source: New Zealand Government

    The Government’s work to boost export value has hit another milestone, with a new dairy Bill passing its first reading in Parliament today, Agriculture Minister Todd McClay announced.

    “The Dairy Industry Restructuring (Export Licences Allocation) Amendment Bill will modernise New Zealand’s dairy export quota system to grow export and farmgate returns,” Mr McClay says.

    “More dairy companies are manufacturing niche and high-value products, but the current system excludes many of them from receiving dairy export quota – this is a lost opportunity for those businesses and for New Zealand.”

    This Bill follows a review of the dairy export quota system in 2023, which identified opportunities to improve quota allocation, to better reflect the diversity of the dairy industry.

    New Zealand currently administers quota allocation for bovine dairy exports to the United States, the United Kingdom, the European Union, Japan, and the Dominican Republic.

    “The Bill proposes changes to the export quota system that include shifting quota allocation from the proportion of milk solids a company collects from farmers, to a system based on their export history. 

    This will maximise and further boost dairy’s $23 billion in annual export revenue by allowing a wider range of exporters to tap into new markets and opportunities,” Mr McClay says.

    The Bill also enables portions of individual quotas to be reserved for dairy exporters currently ineligible for quota and those only eligible for less than 200 tonnes.

    “It will also unlock quota for non-bovine animal dairy exporters, such as sheep, goat and deer milk processors, opening up new export opportunities and revenue streams.”

    “This is all part of the Government’s work to support a successful primary sector and achieve our ambitious goal of doubling exports by value in ten years. 

    “The Government is committed to backing our primary producers, returning value to the fame gate and boosting our economy, because it is only through a strong economy we can lift incomes, reduce the cost of living and afford the public services Kiwis deserve.”

    MIL OSI New Zealand News

  • MIL-OSI Video: UK BSL report summary: The transition from education to employment for young disabled people

    Source: United Kingdom UK House of Lords (video statements)

    The House of Lords Public Services Committee has published its report on the transition from education to work for young disabled people. It calls on the government to work with employers to ensure they have the tools and support they need to create inclusive workplaces. The report also calls for increased awareness of the workplace rights of disabled people and the urgent need for systems to tackle workplace discrimination.

    You can find out more about the report in this video, or you can read a summary at https://ukparliament.shorthandstories.com/transition-employment-young-disabled-people-public-services-lords-report/index.html

    #HouseOfLords #UKParliament

    https://www.youtube.com/watch?v=hmfRh6I2d0k

    MIL OSI Video

  • MIL-OSI Europe: Netherlands Pavilion at Expo 2025 Osaka Reveals First Round of Gold Sponsors 

    Source: Government of the Netherlands

    AkzoNobel and Randstad partner up on “Common Ground” in Japan-Netherlands Business  Cooperation.

    The Kingdom of the Netherlands has announced that AkzoNobel and Randstad will become Gold Sponsors for the Netherlands Pavilion at Expo 2025 Osaka Japan. The announcement was made during an event held at the Embassy of the Kingdom of the Netherlands in Tokyo, Japan on October 4, 2024. Hiroaki Takahashi, Country sales manager of Automotive and Specialty Coatings at AkzoNobel Japan, and Jos Schut, CHRO Randstad, were invited there on behalf of Marc Kuipers, Commissioner General for the Netherlands at Expo 2025 Osaka. At the Embassy, Aino Jansen, Project Director Expo 2025 Osaka, shared the pavilion’s vision, program, and an overview of sponsorship packages. At the same event, Philips was also announced as a Silver Sponsor for the Netherlands Pavilion.

    The Netherlands is very proud to participate in the Expo 2025 Osaka Kansai Japan, to be held from 13 April to 13 October 2025. With its participation theme “Common Ground,” The Netherlands aims to showcase Dutch innovative solutions in areas such as the energy transition. During Expo 2025, the pavilion intends to provide “Common Ground”: a meeting place for businesses, knowledge institutions, governments and (cultural) organizations to bring together different perspectives and expertise in order to find collective solutions to global challenges.

    Marc Kuipers, Commissioner General for the Netherlands at Expo 2025 Osaka

    “I am delighted to announce our partners, including two Gold Sponsors, for the Osaka-Kansai Expo 2025. These partnerships represent a crucial step in deepening business and cultural ties between the Netherlands and Japan,” says Mr. Kuipers, “Together with AkzoNobel, Randstad, and Philips, we are excited to work under the theme of ‘Common Ground’, advancing our shared vision and collaboration towards a sustainable future.”

    Kaj van Alem, President of AkzoNobel Japan and Global Director for AkzoNobel’s Wood Coatings business

    “AkzoNobel is excited to be involved in this incredible initiative at the Osaka World Expo as part of our commitment to a better future. The event will be a tremendous global stage that represents a perfect opportunity for AkzoNobel in Japan, to showcase its extensive portfolio of sustainability-driven innovative solutions.”

    Kajetan Slonina, Chairman and CEO, Randstad K.K. / Chief Executive, APAC, Randstad Jos Schut, CHRO, Randstad K.K.& APAC, Randstad

    “We are pleased for Randstad to be able to participate in the EXPO 2025 Netherlands Pavilion as a supporting company. Randstad originated in the Netherlands, the country which influenced the way we work. At Randstad we aim to be the world’s most equitable and specialized talent company. We are committed to actively contributing to the creation of a sustainable and better future. We contribute to global society’s needs by promoting fair labor markets, realizing fairness in the workplace, and through the green transition. The Common Ground concept advocated by the Netherlands Pavilion is a vision and a shared mission. We are aligned with this vision, aiming to create a society where everyone can find meaningful and rewarding work, develop the skills they need, and work with vitality as their true selves. We eagerly anticipate the opportunity to meet you on Common Ground and embark on this journey together.”

    Sponsorships

    The Netherlands Pavilion is still accepting applications from companies and organizations interested in becoming sponsors, as well as organizing events in the event space within the pavilion.

    Event space at the Netherlands pavilion available for rent

    The event space within the Netherlands Pavilion will be available for external organizations to rent during the Expo.

    Details regarding the sponsor packages and event space rental can be found here: https://nlexpo2025.nl/en/organize-event

    For more information of the Netherlands participation and the Road2Osaka at Expo 2025 Osaka, Kansai, visit http://www.nlexpo2025.nl | http://www.orandaexpo2025.nl

    MIL OSI Europe News

  • MIL-OSI Europe: October results of the Bank Lending Survey (BLS) in Germany | Credit standards for firms not tightened further

    Source: Deutsche Bundesbank in English

    For the first time in nearly three years, the German banks responding to the Bank Lending Survey (BLS) did not tighten their credit standards for loans to enterprises further in the third quarter of 2024, but eased them marginally instead. On the other hand, they once again tightened their credit standards for loans to households for house purchase and for consumer credit and other lending to households For the fourth quarter, banks are planning to tighten their credit standards for loans to enterprises again, partly owing to pessimistic market and economic expectations.
    The surveyed banks, did not, on balance, change credit terms and conditions for loans to enterprises. Terms and conditions were eased for loans to households for house purchase and tightened for consumer credit and other lending to households.
    Demand for loans increased in all three loan categories. As expected by banks, the resurgence of demand for loans to enterprises that started in the previous quarter continued. The increase in demand for loans to households exceeded the previous quarter’s expectations.
    The ECB Governing Council’s past and expected key interest rate decisions had a positive impact on net interest income, thereby contributing to an improvement in banks’ profitability in the 2024 summer half-year. For the winter half-year 2024-25, banks are expecting the key interest rate decisions to have a negative impact on their net interest income as well as on their profitability.
    The BLS covers three loan categories: loans to enterprises, loans to households for house purchase, and consumer credit and other lending to households. For the first time in nearly three years, the surveyed banks did not tighten their credit standards (i.e. their internal guidelines or loan approval criteria) for loans to enterprises further, but eased them marginally. By contrast, they tightened their standards for loans to households again. The net percentage of banks that adjusted their requirements was −3% for loans to enterprises (compared with +3% in the previous quarter), +7% for loans for house purchase (compared with +7% in the previous quarter), and +15% for consumer credit and other lending to households (compared with +7% in the previous quarter). In the previous quarter, banks had planned to tighten their standards marginally for loans to enterprises. By contrast, the adjustments in loans to households for house purchase were broadly consistent with what had been planned in the previous quarter; standards for consumer credit and other lending to households were tightened more strongly than planned.
    The recent marginal easing of credit standards for loans to enterprises took place against the backdrop of many and varied low-impact factors – an indication of banks’ uncertain assessments of the general situation. While banks indicated that the general economic situation and the economic outlook were having a restrictive impact on all loan categories, only loans to households have been subject to a tightening of credit standards thus far.

    The banks cited their perception of increased credit risk as the key factor behind the tightening of credit standards for loans to households, attributing this to households’ lower creditworthiness. For the fourth quarter of 2024, banks are planning to tighten credit standards for loans to enterprises and consumer credit and other lending to households, but are not planning to adjust the standards for loans to households for house purchase.
    Although, on aggregate, banks made hardly any changes in the third quarter to their credit terms and conditions (i.e. the terms and conditions actually approved as laid down in the loan contract) for loans to enterprises, this conceals lower lending rates on the one hand and an increase in margins on riskier loans on the other. Terms and conditions for loans to households for house purchase were eased, on the whole. The expansionary adjustments are the outcome of reduced lending rates and lower margins irrespective of credit ratings. As regards consumer credit and other lending to households, meanwhile, limits on loan amounts and increased margins irrespective of credit ratings were the main reasons for the tightened credit terms and conditions overall.
    Demand for bank loans in Germany rose on balance in all loan categories in the third quarter of 2024. The pick-up in demand for loans to enterprises that had begun in the previous quarter continued. This was consistent with banks’ expectations in the previous quarter. Banks saw the decline in the general level of interest rates as the main reason for the increase in demand. For the first time in around two years, this factor no longer dampened, but rather supported, firms’ demand for loans. In addition, funding needs for debt refinancing, restructuring and renegotiation increased. After a second quarter in which fixed investment had been the main driver of overall demand growth, only small and medium-sized enterprises demanded marginally more lending for this purpose in the third quarter. The “inventories and working capital” factor, which had also contributed significantly to the increase in demand in the previous quarter, had an overall slightly dampening effect on demand in the third quarter, as large firms had less need for loans for this purpose. A reduction in internal financing options pushed demand slightly upwards.

    According to banks, households increased their demand for loans for house purchase mainly because they took a more positive view of the housing market outlook. In addition, the general interest rate level once again pushed up demand. Banks believe that demand for consumer credit and other loans to households increased since more durable consumer goods were being purchased and consumer confidence was on the rise. The rejection rate rose for loans to enterprises and consumer credit and other lending to households, whereas it fell for the second time in a row for loans to households for house purchase. For the next three months, the surveyed banks are expecting to see demand increase further across all three loan categories.
    The October survey round contained ad hoc questions on participating banks’ financing conditions and the impact of the ECB Governing Council’s past and expected key interest rate decisions. It also included questions on the impact of the Eurosystem’s monetary policy asset portfolios and on the third series of targeted longer-term refinancing operations (TLTRO III).
    Against the backdrop of conditions in financial markets, German banks reported that their funding situation had improved somewhat compared with the previous quarter. The ECB Governing Council’s past and expected future key interest rate decisions have had, overall, a positive impact on banks’ profitability over the past six months. However, following the two interest rate cuts in June and September of this year, fewer banks reported a positive impact than in previous surveys. Banks continued to attribute the positive impact to an increase in net interest income. For the 2024-25 winter half-year, banks are expecting the key interest rate decisions to have a negative impact on their net interest income as well as on their profitability. The reduction in the Eurosystem’s monetary policy securities holdings, taken in isolation, had a positive impact on profitability, as it contributed to an increase in net interest income. German banks assessed the impact on their capital ratios, too, as positive.
    Over the past six months, TLTRO III has had hardly any impact on the financial situation of banks in Germany. Only in terms of profitability did banks continue to report a positive impact. For the first time, TLTRO III no longer had any impact on the liquidity position of banks in Germany. As the deadline for repaying borrowed funds in full is December 2024, banks are not expecting TLTRO III to have any further impact on their financial situation over the next six months.
    The Bank Lending Survey, which is conducted four times a year, took place between 6 September and 23 September 2024. In Germany, 33 banks took part in the survey. The response rate was 97%.

    MIL OSI

    MIL OSI Europe News

  • MIL-OSI Global: IDF actions against UN peacekeepers suggest Israel may be considering occupying part of southern Lebanon

    Source: The Conversation – UK – By Vanessa Newby, Assistant Professor, Institute of Security and Global Affairs, Leiden University

    The United Nations security council has expressed strong concern for the safety of peacekeepers in Lebanon after a series of incidents over the past week in which UN positions have come under fire from the Israel Defense Forces as they continue their push in the south of the country.

    “UN peacekeepers and UN premises must never be the target of an attack,” the security council said on October 14 in a statement adopted by consensus of the 15-member council. It urged all parties to respect the security and safety of the United Nations Interim Force in Lebanon (Unifil) operating in south Lebanon.

    In recent days, the Israel Defense Forces (IDF) have struck the Unifil on several occasions, damaging cameras, shooting directly at peacekeepers and, on October 13, two Israeli tanks entered a UN compound for 45 minutes and set off smoke bombs.

    The same day Israel requested that Unifil withdraw five kilometres back from the blue line which constitutes the de facto border between Israel and Lebanon, to keep them “out of harm’s way”.

    On each occasion, the IDF has either claimed it was acting in self-defence against Hezbollah or that its actions were accidental. These explanations have failed to convince the rest of the world.

    The US, several European countries and the EU have all stated that UN peacekeepers must not be harmed. The UN secretary general, António Guterres, contends these attacks may constitute war crimes and are a breach of both international law and international humanitarian law.




    Read more:
    UN peacekeepers at risk as they deliver protection for civilians in southern Lebanon


    Since 1978, Unifil has lost 337 peacekeepers, making Lebanon the most costly, in human terms, of all the UN peacekeeping operations. But despite these risks it has remained in post. Throughout Unifil’s deployment, IDF has put it under pressure both directly and through a proxy force, the South Lebanon Army (SLA). As such Unifil has a strong institutional memory of staying put in the direst of circumstances which makes it unlikely to recommend a drawdown.

    What’s more, the security council is aware that if Unifil leaves the area, another UN-led conflict resolution mechanism is likely to be required in future. This logic is why Unifil mandates have always been renewed – albeit sometimes for three months or less.

    The biggest threat to Unifil’s deployment is if one or more troop contributing countries decide the risks are too high and withdraw their contingents. The post-2006 Unifil mission comprises the highest number of European troop contingents of all peace operations worldwide with the main contributors being Italy, Spain, Ireland, and France.

    The two sectors that comprise the mission – sector west and sector east – are led by Italy and Spain respectively. The biggest non-EU contributors are India, Ghana, Indonesia and Malaysia. If one or more of these countries were to decide to withdraw troops, this could trigger a reevaluation of the mission’s ability to deploy.

    If Unifil were to leave, it is worth noting that their compounds have a large amount of expensive equipment – much of it owned nationally by the troop contributing countries. The logistical challenge of moving troops and equipment in a battle zone would be very difficult and dangerous.

    Despite the intense fighting, many civilians still remain. The death toll from the hostilities is now estimated to be 2,306 dead and 10,698 wounded. Unifil’s presence remains crucial to monitor the hostilities and wherever possible, provide civilian protection and humanitarian assistance. But for that to be possible, Israel’s allies must continue to exert pressure to ensure that the IDF ceases all attacks on Unifil.

    A new ‘zone of security’?

    One possible reason for the attacks is that the IDF believes ridding the area of Unifil exposes Hezbollah and will enable the IDF to continue their incursion unhindered by the watchful eyes of an international observer.

    Israel’s ground offensive in southern Lebanon, October 13 2024.
    Institute for the Study of War

    But there’s another possibility. During the Lebanese civil war, the IDF occupied a section of Lebanese land bordering Israel that was known as the “zone of security”. Its purpose was to serve as a buffer zone for northern Israel, initially designed to protect Israeli citizens from Palestinian militia, and later also from the Shia resistance groups Amal and Hezbollah.

    The Israeli request for Unifil to move five kilometres back from the blue line could mean Israel is considering reestablishing some kind of buffer zone. Several factors point to this being a possibility – although the IDF and the Israeli government may not be aligned on this issue as recent tensions suggest.

    First, the IDF has now deployed units from at least four divisions into Lebanon. The volume of troop numbers deployed is upwards of 15,000 suggesting this incursion is more than a limited operation.

    Second, 29 Unifil compounds lie along the blue line. Were they to be evacuated by the UN, there would be nothing to stop the IDF from moving in and developing them into their own strongholds. While UN positions would need reinforcement and protection equipment, they would nonetheless remain useful.

    Third, in 2006 the IDF tried to destroy Hezbollah from the air and deployed limited haphazard ground incursions. These tactics failed and the prevailing view may now be that the only way to guarantee the safe return of 65,000 Israelis to their homes in northern Israel is through an occupation.

    But unlike the previous occupation, where the IDF was aided by the SLA, Israel currently has no partner in Lebanon, and it is unlikely to find a willing accomplice among the Lebanese population to help them manage the security of a buffer zone. This means IDF troops would directly bear the brunt of attacks from resistance groups, and the northern Israeli villages would be unlikely to remain secure.

    The Netanyahu government’s continued use of military solutions to solve political problems has worrying implications for Israel, Lebanon and the Middle East as a whole. At this stage, Israel looks as if it might be settling back into a conflict that could become another “forever war”.

    Thus far, the tactics used by the IDF would imply they are not thinking ahead to “the day after” and the cost to Israel that would come with the prolonged occupation of a buffer zone.

    This article was written with assistance from John Molloy, lt. col. (rtd.) Irish Defence Forces and former senior Unifil political & civil affairs officer, 2008-2017.

    Chiara Ruffa receives funding from the Swedish Research Council, the Fulbright Commission and the European Commission.

    ref. IDF actions against UN peacekeepers suggest Israel may be considering occupying part of southern Lebanon – https://theconversation.com/idf-actions-against-un-peacekeepers-suggest-israel-may-be-considering-occupying-part-of-southern-lebanon-241297

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Liverpool Welcomes Ground-breaking Black British Ballet Exhibition

    Source: City of Liverpool

    A special exhibition and premiere showcasing the inspiring pioneers of Black British ballet is coming to Liverpool.

    The City’s Central Library is to host the exhibition, from 31st October to 30th November, which will be one of the showpiece events of Liverpool’s Black History Month celebrations.

    The groundbreaking exhibition is based on the research of Dr Sandie Bourne, a dancer, choreographer and academic, who brings together archival photographs, films and interviews to explore the under-representation of Black artists in British ballet.

    The touring exhibition, funded by a £245,500 grant from The National Lottery Heritage Fund, will visit 25 libraries across the UK, with Liverpool Central Library being one of the key stops.

    The celebration of Black dancers kicks off with Island Movements, an original Windrush-themed ballet.

    This free event will be staged at Discover in Central Library on Friday 18 October at 4pm

    Island Movements tells the powerful story of a family from the Windrush generation, beginning with a young Caribbean soldier during WWII and following the family’s experiences throughout their life in the UK.

    After the performance there will be a Q&A with the dancers and creators, offering a behind-the-scenes look at the making of this special piece.

    This moving ballet will open the wider exhibition, celebrating the rich yet often overlooked contributions of Black British ballet dancers from the 1940s to today.

    Pioneers like Brenda Garratt-Glassman, the first Black British student at the Royal Ballet Upper School, and Darren Panton, the first Black British student at the Royal Ballet boarding school, are among the trailblazers featured.

    Throughout November, Liverpool Central Library is inviting people to take part in dance, writing, and photography workshops, panel discussions and a virtual reality experience as part of the exhibition’s activities.

    For more information and to book your place for performances and workshops please visit: https://www.cultureliverpool.co.uk/bhm/

    Cllr Harry Doyle Cabinet Member for Health, Wellbeing & Culture:“We’re incredibly excited to bring this exhibition to Liverpool Central Library during Black History Month. This event is a wonderful opportunity for everyone, not just for ballet lovers. It offers an interactive experience that invites all visitors to explore the inspiring stories and rich heritage of Black British dancers who have helped shape the world of ballet. Whether you’re a long-time fan, or new to ballet, these emotionally compelling performances and workshops are the perfect introduction.”

    Marsha Lowe, Director of Oxygen Arts, said: “This exhibition is an important step in giving our Black British pioneers the recognition they deserve, bringing their challenges and achievements to a much wider audience. But we want to go further, to change the perception of ballet by diversifying ballet audiences and encouraging the next generation of young Black dancers to see ballet is ‘for them’.”

    Stuart McLeod, Director of England – London & South – at The National Lottery Heritage Fund, said: “We are delighted to support this project, which thanks to money raised by National Lottery players, will mean that more people will be able to get involved with, protect and learn about the exciting heritage right on their doorstep. Heritage has a huge role to play in instilling pride in communities and boosting local economies, and this project is a fantastic example of achieving those aims.”

    Isobel Hunter, Chief Executive of Libraries Connected, said: “Public libraries, with their diverse audience base and commitment to democratising culture, are the perfect venue for this ground breaking exhibition. There has never been a better time to celebrate the achievements of these Black British pioneers; it’s hugely exciting to see their stories brought to life in this way.”

    MIL OSI United Kingdom

  • MIL-OSI: Himax Achieves Mass Production of In-Cell Touch TDDI Technology for Leading AI Laptop Brands

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, Oct. 15, 2024 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced the successful mass production of its cutting-edge In-Cell Touch TDDI (Touch and Display Driver Integration) solution, the HX83132, for high-end LCD AI laptops. The HX83132 has already been adopted by several leading panel makers across the board. By entering mass production during the third quarter of 2024, this marks a significant milestone for the first-of-its-kind, innovative product. As notebook brand customers increasingly prioritize product differentiation and value enhancement, the integration of touch functionality into displays of high-end laptops and AI PCs has emerged as a key trend. Himax HX83132 is featured in one marquee brand’s first AI laptops, which boasts a 15.3-inch, 2.8K high-resolution touch display with a 120Hz refresh rate, significantly enhancing both interactivity and visual experience for seamless, intuitive user operations.

    In-cell TDDI has become a mainstream technology for LCD displays, characterized by the seamless integration of touch functionality with display driver ICs. This integration not only simplifies the supply chain but also provides substantial cost benefits to panel manufacturers. Having pioneered the mass production of In-cell TDDI technology for mid-sized tablets and automotive displays in 2019, Himax has established itself as the industry leader by introducing an industry-first touch display solution supporting screen sizes of up to 45 inches for ultra-large automotive applications. The newly launched HX83132 series further expands the application of In-cell TDDI technology to laptops, boasting a unique design architecture that pairs seamlessly with timing controller (Tcon) chips supporting various eDP specifications which make it suitable for both mainstream and high-end LCD laptops. This TDDI and Tcon configuration effectively minimizes the need for supporting components, resulting in a more compact PCB size and narrower bezel design. The HX83132 series offers precise touch sensitivity, ensuring smooth human-machine interaction, significantly enhancing user experience and improving productivity.

    The industry-leading HX83132 In-cell TDDI solution offers the following key features:

    • Flexible support for diverse panel sizes and resolutions: The advanced chip architecture can interconnect up to 6 chips, accommodating a wide range of laptop display needs with support for screen sizes up to 16 inches and resolutions up to 4K
    • Optimized and streamlined module architecture design: The HX83132 solution outperforms competition by providing more display and touch channels at the same resolution while utilizing fewer ICs. Additionally, the integrated microprocessor and level shifter minimize the need for external components, resulting in a smaller PCB size and enhanced design efficiency
    • Leveraging existing architecture for rapid In-cell Touch upgrades: The HX83132 features a state-of-the-art, integrated proprietary display driver and touch controller architecture. From a display perspective, it utilizes a standard Tcon architecture, which enables pure display panels, without the need for a dedicated Tcon for the In-cell touch functionality. Meanwhile, the TDDI integrates an in-house proprietary distributed touch microprocessor architecture, specifically designed to handle the high computational demands of touch data processing, effectively reducing development time
    • Comprehensive support for various power-saving operation scenarios: The HX83132 is compatible with eDP 1.4 and eDP 1.5 Tcons, and supports multiple power-saving features, including Panel Self Refresh (PSR) and User-Based Refresh Rate (UBRR), optimizing energy efficiency across different usage scenarios

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,683 patents granted and 390 patents pending approval worldwide as of September 30, 2024.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2023 filed with the SEC, as may be amended.

    Company Contacts:

    Eric Li, Chief IR/PR Officer
    Himax Technologies, Inc.
    Tel: +886-6-505-0880
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    http://www.himax.com.tw
      
    Karen Tiao, Investor Relations
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    http://www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    http://www.mzgroup.us

    The MIL Network

  • MIL-OSI United Kingdom: This is the way we brush our teeth…

    Source: Mayor of London

    A quarter (25.8 per cent) of 5-year-olds in London have tooth decay.1

    Since 2012, local authorities have been responsible for improving health in local areas, including oral health.
    In 2014, Public Health England stated that “local authorities are statutorily required to provide or commission oral health promotion programmes to improve the health of the local population, to an extent that they consider appropriate in their areas”.

    London Boroughs commission a range of oral health prevention programmes for both adults and children, including supervised toothbrushing in schools. The London Borough of Brent commissions Whittington Health NHS Trust to deliver these programmes, including the following initiatives: 

    • Supporting a number of education (early years & school) settings to promote good oral health such as the supervised tooth-brushing programme. 
    • Providing dental health support to families with children under 5 years who are at high risk of developing tooth decay (dental caries). 
    • Family Wellbeing Centres, who support parents from the moment they know they’re expecting, through pregnancy and birth, until the child is 18 years old.

    Tomorrow, Members of the London Assembly Health Committee will visit Brentfield Primary School, where they will observe supervised toothbrushing, an initiative to reduce tooth decay in young children. 

    The meeting will include teachers, Brent Public Health and the NHS. The visit will form part of the Committee’s investigation into Dentistry in London.

    MEDIA ARE INVITED TO ATTEND THIS FILMING/PHOTO OPPORTUNITY BY PRIOR ARRANGEMENT

    Location: Brentfield Primary School, NW10 0SL 

    Date:  Wednesday 16 October 2024

    Time: 12-1pm  

    Interviewees will include:

    • Krupesh Hirani AM, Chair of the Health Committee
    • Emma Best AM, Deputy Chairman of the Health Committee
    • Somebi Anwunah, Principal Public Health Strategist · Brent Council 
    • Erinna Proudfoot, Oral health promoter, Whittington Health, NHS Trust 
    • Debbie Edwards, Class Teacher and EYFS Leader 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Early estimates suggest an average cereal harvest

    Source: Scottish Government

    An Accredited Official Statistics Publication

    Early estimates predict a total cereal harvest of around 3.1 million tonnes, just above the ten-year average. Despite challenging weather at crucial times of the season.

    Average production results are predicted for winter barley, oilseed rape and wheat. Mostly as a result of decreased area and yield. Some very good yields are predicted for oats and spring barley. But a late harvest this year makes oats predictions less reliable.

    The report includes provisional 2024 crop area estimates. The total area of cereals grown in Scotland is predicted to be just lower than in 2023. With decreases in the area of winter barley, wheat and oilseed rape grown and increases in sown area of spring barley and oats.

    Background

    The full statistical publication is available with a visual summary and supporting data tables at: Cereal and oilseed rape harvest – first estimates: 2024

    Estimates are based on first soundings of the 2024 harvest at the end of September. Final results will be released in December after the harvest is complete.

    Estimates are based on harvest yields given by a panel of experts at a Crop Report Meeting and provisional land use areas from the June Agricultural Census. Final land use areas will be published in the Results of the June Agricultural Census.

    Official statistics are produced in accordance with the Code of Practice for Statistics.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Finding Future Advanced Electronics and Electromechanical Devices

    Source: United Kingdom – Executive Government & Departments

    DASA and AWE seek novel technologies in the space domain to enhance the UK’s Defence and Commercial Space Systems resilience and reliability

    • DASA has launched a new Themed Competition: AWE – Advanced Electronics and Electromechanical Devices
    • This competition is funded by AWE
    • The total possible funding available for Phase 1 of this competition is £4 million across two years (including VAT)
    • Competition closes midday on Tuesday 10th December 2024 (GMT)

    The Defence and Security Accelerator (DASA) is pleased to launch a new Themed Competition called AWE – Advanced Electronics and Electromechanical Devices. DASA, in conjunction with AWE, is seeking innovative ideas to approach the following four challenge areas in novel ways:

    1. Power and data transfer across closed metal barriers.
    2. Robust semi-conductor switching for high-voltage applications.
    3. Low delta-T thermo-electric generation.
    4. Low drift inertial sensors.

    Read the full competition document to learn more.

    Key dates and funding

    The total possible funding available for Phase 1 of this competition is £4 million across two years (including VAT). A number of proposals may be funded.

    The deadline to submit a proposal is midday on Tuesday 10th of December 2024 (GMT). Submit via the DASA Online Submission Service for which you will require an account.

    Do you have a relevant solution? Read the full competition document and submit a proposal.

    Background

    The space domain has been identified by the National Protective Security Authority (NPSA) as one of the UK’s critical national infrastructure sectors. The need to increase and assure resilience and reliability of operation, particularly within the space domain in times of tension, is self-evident. Many technology developments are accelerated from the defence sector into the commercial sector. AWE is interested in further enhancing UK-sovereign, resilient, demonstrable capabilities for the space and air domains. Maintaining and developing a UK-sovereign capability is critical to the UK security and prosperity.

    Sourcing and supporting innovation is crucially important to the security of our nation. This competition represents the next step in DASA’s collaboration with AWE and we look forward to seeing what novel innovations the competition finds to address AWE’s challenges in the space domain.

    Anita Friend, Head of DASA

    This competition will enhance AWE’s capability in UK defence, security and commercial air and space domains, helping to keep our nation safe while investing in UK business.

    Lucy, Group Leader Engineering at AWE

    Learn more about the competition and submit a proposal here.

    Supporting events

    Launch Webinar –

    A dial-in session on Tuesday 22 October, providing further detail on the problem space and a chance to ask questions in an open forum. If you would like to participate, please register on the Eventbrite page here.

    1-2-1 –

    A series of 15 minute one-to-one teleconference sessions across Monday 28 and Tuesday 29 October, giving you the opportunity to ask specific questions. Booking is on a first come first served basis. If you would like to participate, please register on the relevant Eventbrite page linked below:

    Book for Monday 28 October

    Book for Tuesday 29 October

    Submit a proposal

    We want novel ideas to benefit end-users working in UK Defence, Security and Commercial air and space domains. If you can provide this, submit a proposal to this competition.

    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Research programme to ensure UK economy uses AI to grow safely

    Source: United Kingdom – Executive Government & Departments

    Researchers to be supported in boosting defences against societal risks such as deepfakes and cyber-attacks.

    • Support unveiled for researchers to boost defences against societal risks including deepfakes and cyber-attacks 
    • First phase of AI Safety Institute scheme to provide researchers with up to £200,000 in grants launches 
    • Programme dedicated to ‘systemic AI safety’ to boost public trust as technology is rolled out across the economy

    Researchers focused on boosting society’s resilience against AI risks such as deepfakes, misinformation, and cyber-attacks, can now access government grants to drive forward their work which will help ensure the safety of AI, as the UK taps into its potential to spark economic growth and improvements to public services.

    The scheme launched today (Tuesday 15th October), in partnership with the Engineering and Physical Sciences Research Council (EPSRC) and Innovate UK, part of UK Research and Innovation (UKRI), is focused on how society can be protected from the potential risks of AI. It will also support research to tackle the threat of AI systems failing unexpectedly, for example in the financial sector. 

    Tackling these risks head on will boost public confidence in the technology which holds enormous potential to spark long-term growth, while keeping the UK at the heart of research into responsible and trustworthy AI development. Ensuring public confidence in AI is central to the government’s plans for seizing its potential, as the UK harnesses the technology to drive up productivity and deliver public services which are fit for the future.

    To ensure the UK can continue to harness the enormous opportunities of AI, the government has also committed to introduce highly-targeted legislation for the handful of companies developing the most powerful AI models, ensuring a proportionate approach to regulation rather than new blanket rules on its use.

    Systemic AI safety is focused on the systems and infrastructure where AI is being deployed across different sectors. The programme launched today hopes to spark a broad range of research to identify the critical risks of frontier AI adoption in critical sectors like healthcare and energy services, identifying potential solutions which can then be transformed into long-term tools which tackle potential AI risks in these areas.

    Secretary of State for Science, Innovation, and Technology, Peter Kyle said: 

    My focus is on speeding up the adoption of AI across the country so that we can kickstart growth and improve public services. Central to that plan though is boosting public trust in the innovations which are already delivering real change.

    That’s where this grants programme comes in. By tapping into a wide range of expertise from industry to academia, we are supporting the research which will make sure that as we roll AI systems out across our economy, they can be safe and trustworthy at the point of delivery.

    Launching the formal opening of its Systemic Safety Grants Programme, the UK’s AI Safety Institute is looking to back around 20 projects with funding of up to £200,000 each over the course of its first phase, worth £4 million. In total the fund is worth £8.5 million, first announced at May’s AI Seoul Summit, with the additional cash to become available in due course as further phases are launched. 

    Applicants will be assessed on the potential issues their research could solve and what risks it addresses, having until 26th of November to submit their proposals. 

    AI Safety Institute Chair Ian Hogarth, said:

    This grants programme allows us to advance broader understanding on the emerging topic of systemic AI safety. It will focus on identifying and mitigating risks associated with AI deployment in specific sectors which could impact society, whether that’s in areas like deepfakes or the potential for AI systems to fail unexpectedly.

    By bringing together researcher from a wide range of disciplines and backgrounds into this process of contributing to a broader base of AI research, we’re building up empirical evidence of where AI models could pose risks so we can develop a rounded approach to AI safety for the global public good.

    The AI Safety Institute’s work in evaluating the safety of AI models is just one part of its mission, and the grants programme is set to deliver new research which will ultimately help societies across the world to better manage changes the technology could bring.  

    UK-based organisations are eligible to apply for grant funding via a dedicated website, and the programme’s opening phase will aim to deepen understandings over what challenges AI is likely to pose to society in the near future. Projects can also include international partners, boosting collaboration between developers and the AI research community while strengthening the shared global approach to the safe deployment and development of the technology.  

    Successful applicants will be confirmed in the end of January 2025, with the first round of grants then set to be awarded in February.

    Notes to editors

    Visit AI Safety Institute website for:

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Now EU wants to rule our pets

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV leader Jim Allister MP:

    “The Windsor Framework (Non-Commercial Movement of Pet Animals) Regulations 2024 were laid in Parliament this week.

    “This latest incarnation of the Protocol/Windsor Framework imposes new depths of EU control.

    “Under these regulations, it will only be possible for U.K. citizens to travel from one part of the U.K. (GB) to another (NI) with pets if they have:-

    • fitted their pet with a transponder (microchip) that complies with EU Reg 576/2013;
    • Applied to and joined NI Pet Travel Scheme and have secured a Pet Travel document (a pet passport) – the definition and details of which rests not with U.K. but with EU;
    • On travelling pets must be submitted to both documentary and full identity checks when joining and leaving the boat;
    • If any lack of compliance is found, then, they will be sent to an SPS facility.

    “It follows that persons moving from GB to NI with pets not only suffer the indignity of foreign controls, but they effectively lose their Common Travel Area rights, which are now trumped by EU diktat. And, if they then want to travel on to the Republic (also in the CTA) they are prohibited unless they submit to full SPS border checks – so much for the fiction that you couldn’t have SPS checks at the real border!

    “These regulations are an impossible and preposterous assertion of both EU rule in NI and destruction of basic constitutional rights of free movement within one’s own country.

    “Once more, this audacious power-grab was unaltered by the dud DUP/Donaldson Deal.

    “I will, of course, be opposing these impositions in Parliament.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Israel Defence Forces’ attacks on UNIFIL bases: statement by foreign ministers of France, Germany, Italy and the UK

    Source: United Kingdom – Executive Government & Departments 3

    Foreign ministers of France, Germany, Italy and the UK gave a joint statement on attacks by the Israel Defence Forces against UNIFIL bases.

    Joint statment:

    We, the Foreign Ministers of France, Germany, Italy and the United Kingdom express our deep concern in the wake of recent attacks by IDF on UNIFIL bases, which have left several peacekeepers injured. These attacks must stop immediately. We condemn all threats to UNIFIL’s security.

    Any deliberate attack against UNIFIL goes against international humanitarian law and United Nations Security Council Resolution 1701. The protection of peacekeepers is incumbent upon all parties to a conflict.

    We call on Israel and all parties to uphold their obligations to ensure the safety and security of UNIFIL personnel at all times and to allow UNIFIL to continue carrying out its mandate. We reaffirm the essential stabilizing role played by UNIFIL in southern Lebanon. We underscore the importance of the United Nations in resolving armed conflict and mitigating the humanitarian impact.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 14 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Gaston highlights lack of Unionist support to put the brakes on Irish signage

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV MLA Timothy Gaston:

    “Last week Infrastructure Minister John O’Dowd announced by way of a departmental press release that he was making road signs in parts of west Belfast. When this was reported in Friday’s News Letter the DUP’s Keith Buchanan, who sits on the infrastructure committee, was quoted as questioning the decision citing the cost given other budgetary pressures on the Department.

    “I am therefore both surprised and disappointed that having lodged a petition in the Assembly Business Office first thing on Monday morning on the issue, 24 hours later the only signature on it is my own. Should 30 MLAs sign the petition, Minister O’Dowd’s decision would be referred to the Executive where a cross community vote would have to be held on the matter.

    “No one can claim to be ignorant of the petition as my office emailed all Unionist MLAs yesterday morning in the following terms:

    Dear friend,

    I am writing to draw your attention to the fact that Timothy Gaston has this morning lodged a petition in the business office to refer the Minister for Infrastructure’s decision to install bi-lingual traffic and road markings in parts of Belfast. Significantly, not only was this matter not brought to the executive but due process appears to have gone completely out the window with no record of an equality impact assessment.

    We believe that this sets a dangerous precedent and that it is both significant and controversial. I note press commentary from other Unionists which suggests they agree. This email is being sent to all Unionist members to alert them to the fact that the petition is now in the business office. Timothy would obviously appreciate your support for it – and indeed his motion of No Confidence in the First Minister and Minister Murphy.

    Yours,
    Sammy Morrison, PA to Timothy Gaston MLA

    “It would appear that while some are happy to issue press releases on this issue, they are not prepared to use the mechanisms of the Assembly and Executive to actually do something of substance about it. That said, I would be delighted to be proved wrong by a queue of MLAs signing the petition today.”

    MIL OSI United Kingdom

  • MIL-OSI Europe: Decree signed for Emilia-Romagna SLZ. President Meloni: “Significant development opportunities for local businesses”

    Source: Government of Italy (English)

    11 Ottobre 2024

    A Decree of the President of the Council of Ministers has been signed establishing the Emilia-Romagna ‘Simplified Logistics Zone’ (‘SLZ’), following the preliminary work carried out by the Minister for European Affairs, Southern Italy, Cohesion Policy and the NRRP, Raffaele Fitto. The new SLZ will enable companies in the Emilia-Romagna Region to access simplified administrative procedures and incentives regarding investments in the area, as well as a new tax credit.
     
    “By signing this decree – stated President Meloni – we are guaranteeing new development opportunities for businesses in the Emilia-Romagna Region, supporting strategic investments, as we also stated in our Government programme. With the establishment of the Emilia-Romagna SLZ, we are taking another concrete step to foster local growth and development, also ensuring that companies can access the SLZ tax credit, another measure this Government strongly advocated for”.

    The SLZ tax credit is in fact an important support measure for businesses operating in simplified logistics zones. This benefit is available to all enterprises, regardless of their legal form and accounting regime, that are already established or are about to be set up in an existing or forthcoming simplified logistics zone. 

    MIL OSI Europe News

  • MIL-OSI Australia: Plimsoll Address

    Source: Australian Government – Minister of Foreign Affairs

    Thank you to the Australian Institute for International Affairs and the University of Tasmania for inviting me to give this address, in honour of this great statesperson. 

    With a career that spanned the first four decades of independent Australian foreign policy, there are few who have made a contribution comparable to James Plimsoll – or Jim Plim as he was affectionately known.

    He first made his mark in the late 1940s supporting Foreign Minister Evatt during his presidency of the United Nations General Assembly – support that included ghost-writing Evatt’s book, The Task of Nations.

    He later became Secretary of the Department of External Affairs – which we now know as DFAT…

    He was appointed Ambassador in Washington, Tokyo, Brussels and Moscow… 

    High Commissioner in London and Delhi…

    And even Governor of this great state of Tasmania…

    Among all these lofty appointments, his biographer Jeremy Hearder reflected that the highlight of Plimsoll’s career was serving as Australia’s Ambassador and Permanent Representative to the UN Nations in New York, in the late 1950s and early 1960s.

    And we can understand why. He found himself at the centre of major international issues – and his diplomatic skill meant, in the words of a British colleague, that Plimsoll “exercised an influence on the UN quite disproportionate to Australia’s standing in the world.”

    This was partly because of what the then Secretary of External Affairs, Arthur Tange, described as Plimsoll’s “remarkable capacity… for talking to people in their own terms, freely encouraging them to explain their viewpoints and problems.”

    It is patent that Jim Plim understood deeply how Australia’s interests as a middle power are at stake in the multilateral system.

    Even with all the flaws with the international system, this remains the case today.

    Australia will always be better off in a world that operates by rules that all countries have a say in shaping.

    A world where Australia and other countries have the freedom to decide our own futures, without interference and intimidation.

    A world where we can find collective solutions to our toughest problems.

    Where no country dominates, and no country is dominated.

    I’ve recently returned from the UN General Assembly’s annual High-Level Week, where Australia progressed our most ambitious multilateral agenda in many years.

    I convened meetings of humanitarian leaders and ministers from influential countries to address a serious problem in the international system.

    That is, the growing risk that norms are being eroded in international humanitarian law – what we often refer to as the rules of war.

    We see this in the massive civilian toll in conflicts around the world, and we see this in the increasing numbers of aid workers being killed and kidnapped.

    In order to protect civilians, we must also protect aid workers who deliver the food, water and medicine civilians need to survive.

    Aid workers are the best of humanity. Their dedication to improving the lives of others should not cost them their own.

    Yet 2023 was the deadliest year on record for aid workers, and 2024 is on track to be even worse.

    This has been felt directly by Australians with the IDF’s strike against World Central Kitchen vehicles, which killed Australian Zomi Frankcom and her colleagues.

    This was not a one-off incident. Gaza is the most dangerous place on earth to be an aid worker. More than 300 aid workers have been killed since the start of the conflict.

    Together, the ministerial group I convened agreed to pursue a new Declaration for the Protection of Humanitarian Personnel.

    Work on the Declaration is now underway, with our officials consulting experts and other countries.

    All countries will be invited to join the Declaration, to demonstrate the unity of the international community’s commitment to protect aid workers – and to channel that commitment into action in Gaza, in Sudan, in Ukraine and in all current and future conflicts.

    This is exactly the kind of leadership Australia should be taking in the world.

    We are not a superpower. But we are respected, and at our best we have a reputation for bringing countries together to defend and promote the rules-based order that protects us all.

    From the days helping draft the UN Charter and the Universal Declaration of Human Rights, to Gareth Evans’ leadership on the Chemical Weapons Convention, to our more leading role in the Arms Trade Treaty.

    There’s no doubt that reputation waned through the negative globalist years of the previous government.

    But in driving this Declaration we are demonstrating that Australians are indeed constructive internationalists in the mould of the honouree of this address.

    This brings me back to the book Plimsoll ghostwrote for Evatt, which spelled out our shared responsibility to each other. I quote:

    “We should try to raise standards everywhere in order to practice the simple humanitarian doctrine which is the basis of all morality, namely that we should help our neighbour and relieve misery and suffering… [We] can hardly imagine … the common lot of so many of mankind – disease, low expectation of life, and unrelieved pain; flood, famine and epidemics… These wrongs cry out for redress, and can and must be righted by co-operative international effort.”

    A powerful articulation of the motivation for our humanitarian work.

    And tonight we build on that work. Tonight, I am releasing Australia’s new Humanitarian Policy.

    It is a policy that comprehends the serious problems of our times.

    A climate changing faster than our combined efforts to stop it.

    More people displaced – in fact, more than 117 million people forcibly displaced from their homes.

    More people needing humanitarian assistance – 302 million people this year, up by nearly 30 million in just the last two years.

    More conflict than any time since World War Two. Russia’s invasion of Ukraine. Sudan. Myanmar. And in the Middle East.

    The Albanese Government is committed to humanitarian action which saves lives, alleviates human suffering and builds resilient communities. 

    The Policy outlines the role Australia will play at a time when need is outstripping the world’s capacity to respond and disregard for international humanitarian law is increasing.

    It is a plan of action that is not just about meeting humanitarian needs. It is also about protecting the peace, stability and prosperity that we want for Australia, our region and the world.

    It is a plan that is accountable – to the Australian people, and to the partners and communities we seek to help.

    We will focus on three priorities.

    First, we will build readiness and preparedness, anticipating shocks before they occur and working with our partners to lessen their impact.

    As part of this priority, I announce Australia is providing $5 million to the new Asia-Pacific Regional Humanitarian Fund to pre-position for the next emergency.

    Second, we will respond to crises and disasters, delivering support that meets the needs of crisis-affected populations and protects the most vulnerable, both immediately and over the longer term.

    As part of that effort, I announce $9 million in humanitarian relief to respond to high levels of food insecurity in Yemen. This follows support I announced yesterday for Myanmar, as well as over $80 million in aid to support civilians who have been devastated by the conflicts in Gaza and Lebanon.

    And third, we will reinforce the international humanitarian system, working to take practical and actionable steps to strengthen adherence to international humanitarian law – just as we are doing with the Declaration.

    We act globally, but our focus remains our region. We offer genuine partnerships, based on respect, listening and learning from each other.

    And we are helping build self-reliance, so obviously in Australia’s interests and the region’s interests.

    Now, we know humanitarian assistance can lessen shocks and keep further instability, conflict and displacement at bay.

    But we all want a world where humanitarian assistance is needed far less often.

    This is just one reason why the Albanese Government is acting on climate change.

    We have enshrined our ambitious emissions reduction targets into legislation: 43 per cent by 2030 and net zero by 2050.

    We are transforming our economy.

    Within this decade, 82 per cent of Australia’s electricity generation will be renewable, up from around 32 per cent when we came to office.

    We are building new industries to accelerate our economic transition and to export reliable, renewable energy to the world.

    And we are acting internationally, to respond to our partners.

    By the end of 2025, Australia will offer Climate Resilient Debt Clauses in our sovereign loans.

    And the groundbreaking Australia-Tuvalu Falepili Union treaty entered into force on 28 August – a treaty which provides for both adaptation and mobility with dignity…

    And the first treaty anywhere in the world which provides legal protection for sovereignty in the face of sea level rise.

    But we can’t address climate change on our own, just as we can’t alone resolve all of the conflicts that are driving humanitarian crises.

    What we are doing is using our forthcoming term on the UN Peacebuilding Commission to reform the international peacebuilding and conflict prevention architecture.

    What we are doing is helping Ukraine end Russia’s illegal and immoral war on its own terms.

    Since coming to office, we have more than doubled the military contribution to Ukraine – and Australia is the largest non-NATO contributor to Ukraine’s fight.

    And what we are doing is supporting efforts for long-term peace in the Middle East.

    We have just marked the first anniversary of the October 7 attacks by Hamas.

    We condemn Hamas’ terrorism unequivocally. We call for the release of hostages immediately.

    On that day, Hamas killed 1,200 people: the largest loss of Jewish life on any single day since the Holocaust.

    October 7 is a day that recalls humanity’s darkest memories. 

    The six million European Jews killed in the Holocaust – following thousands of years of persecution and atrocities perpetrated against the Jewish people.

    This long shadow of antisemitism is the history that finally resolved the international community to create the State of Israel.

    At the same time, the world also promised a Palestinian state.

    77 years later, that Palestinian state still does not exist.

    Earlier this year, Australia voted in the General Assembly in support of Palestinian aspirations for full membership of the UN. 

    The international community now must work together to pave a path to lasting peace.

    Australia wants to engage on new ways to build momentum, including the role of the Security Council in setting a pathway for two-states, with a clear timeline for the international declaration of Palestinian statehood.

    The world knows we cannot keep hoping the parties will fix this themselves; nor can we allow any party to obstruct the prospect of peace.

    Because a two-state solution is the only hope of breaking the endless cycle of violence – the only hope to see a secure and prosperous future for both peoples.

    To strengthen the forces for peace across the region and undermine extremism.

    Any future Palestinian state must not be in a position to threaten Israel’s security, with no role for terrorists.

    Right now, the suffering across the region must end.

    In Israel’s response to the attacks, more than 40,000 Palestinians have been killed. More than 11,000 children.

    It is now more than ten months since Australia and 152 other countries voted for a ceasefire in Gaza.

    I repeat that call again. 

    Just as I repeat our call for a diplomatic solution, de-escalation and ceasefire in Lebanon. 

    We want to see civilians on both sides of the Lebanon-Israel border return to their homes and the implementation of UNSC Resolution 1701.

    Australia made our call alongside a number of countries – Canada, European Union, France, Germany, Italy, Japan, Saudi Arabia, United Arab Emirates, the United Kingdom, the United States and Qatar.

    Shortly thereafter, G7 leaders issued a statement in similar terms.

    Yet somehow Mr Dutton accused the Prime Minister of being at odds with our allies. 

    He said the Prime Minister should be condemned for calling for a ceasefire.

    Now Mr Dutton has realised it is he who is at odds with the international community– but he still can’t bring himself to back a ceasefire.

    I can’t recall a single time over the past year that Mr Dutton has called for the protection of civilians, or for the upholding of international law. 

    He never utters a word of concern for innocent Palestinians and Lebanese civilians.

    From the other side, the Greens political party are being just as absolutist.

    Australians are rightly distressed by the catastrophic conflict, and the distress is felt most acutely in our Jewish, Palestinian and Lebanese communities.

    The lived experiences and understandings of our different Australian communities are distinct.

    There is long, complex and disputed history – deeply felt, close to the heart of many.

    And there is a need to acknowledge the real trauma on all sides, to acknowledge each other’s humanity, and to come together – as peacemakers throughout history have done.

    It is incumbent on any Australian Government to play a responsible role in promoting peace – recognising we are not the crucial player in the Middle East, but we have a respected voice. 

    Leaders must govern for the whole country.

    Our country does not benefit from the conflict being reproduced here. 

    Australians are 26 million people, from more than 300 ancestries. We are home to the oldest continuing civilisation on the planet.

    There is vast power in that.

    The ability to see and understand every part of the world.

    Yet it’s also something we need to nurture. 

    If we allow people to divide our community, if we allow conflicts overseas to be reproduced here; if we shout each other down and insist on respective absolutes; the bedrock of our stability, our security and our prosperity is shaken.

    Nothing is more important for our future than ensuring that Australia remains a pluralist nation, welcoming different races, religions and views, united by respect for each other’s humanity and for each other’s right to live in peace.

    As I said, there is vast power in who we are. Our people are the most elemental aspect of our national power. 

    We must deploy that power at this time in our history…

    This time when we face the most dangerous set of circumstances since World War Two. 

    This time when we need to combine our economic power, our cultural power, our strategic, diplomatic and defence power – all to make Australia stronger and more influential in a more contested and challenging world.

    We are making Australia more economically resilient at home, with a Future Made in Australia setting us on a path to be a renewable energy superpower.

    We are making Australia more economically resilient in the world, with the Southeast Asia Economic Strategy to 2040 that harnesses the opportunities from living in the most competitive and fastest growing region in the world – and so we never are over-reliant on one market again.

    We are rebuilding our diplomatic relationships.

    We are doing the work that should have been done a decade ago to again make Australia a partner of choice in the Pacific.

    We don’t just go around picking fights and blowing up relationships.

    We are investing in our credibility as a partner to the region.

    It is by our actions that we have been able to restore trust among the Pacific family.

    And we are stabilising our own relations with China, so we navigate differences wisely.

    Our calm and consistent approach to the China relationship has seen progress on the removal of trade impediments for wine, barley, coal, cotton, timber logs, copper ores and concentrates; and now lobster – almost $20 billion worth of Australian exports back into China.

    We are increasing our collaboration with new partners and traditional partners; with Southeast Asia, with Japan, with India, and through our Quad partnership.

    We are investing in defence cooperation and our own military capabilities, including through AUKUS.

    And we are working together with our partners to uphold the rules and reform the institutions that we helped establish.

    All of these efforts are to shape the strategic calculus of the region, so no potential aggressor thinks the pursuit of conflict is worth the risk.

    This is how we advance the region we want. A region in balance. 

    Where countries, large and small, have the freedom to decide our own futures.

    These are just some of the ways in which the Albanese Government is driving Australia’s most ambitious international engagement in many years. 

    Being a partner to our region, and a leader in our values. 

    Always working toward a more peaceful, stable and prosperous world for all.

    Where sovereignty is respected and civilians are protected. 

    And I would say, furthering the legacy of creative diplomacy and determined statecraft practised by the great Jim Plim himself.

    Thank you.

    MIL OSI News

  • MIL-OSI Europe: New publications by GEMs Consortium offer further insights into emerging market credit risk

    Source: European Investment Bank

    Two new publications by Global Emerging Markets Risk Database (GEMs) Consortium provide granular default and recovery patterns for over three decades of development finance, and highlight the key drivers of investment risk in emerging markets and developing economies (EMDEs).

    Luxembourg, October 15, 2024 — Two new publications released today by the GEMs Consortium  – a group of 26 multilateral development banks (MDBs) and development finance institutions (DFIs) – provide further insights on the level of credit risk in EMDEs according to the investment experience of Consortium members.

    The first publication covers the credit performance of lending to private and public counterparts. The average annual default rate of lending to private entities at 3.56% is broadly aligned with many non-investment grade firms in advanced economies, and the average recovery rate of 72.2% is higher than many global benchmarks. Although the GEMs statistics reflect the unique experience of MDBs and DFIs, these results provide valuable information on the investment risk in EMDEs, an area characterized by a lack of available credit risk data.

    The second publication provides default rates and – for the first time – recovery rates for sovereign and sovereign-guaranteed lending based on an expanded range of 40 years of data. Results shows an average annual default rate of 1.06% and an average recovery rate of 94.9% and complement the GEMs statistics on private and public counterparts to provide a comprehensive view on EMDEs credit risks.

    These increasingly granular statistical publications by the GEMs Consortium address the call by the G20 and other stakeholders to provide investors greater insights into credit risks in emerging markets, thereby allowing them to better guide their asset allocations. The new publications provide statistics at the country and sector level, as well as a range of newly introduced metrics.

    “The availability of credit statistics is critical to mobilizing more private investment into emerging markets and developing economies by helping investors better understand the risk profile of such investments,” said Román Escolano, Group Chief Risk Officer, European Investment Bank. “The updated publications, with greater disaggregation and analysis, address feedback from our key stakeholders, and GEMs plans to continue publishing such statistics in a timely manner.”

    EMDEs generally receive less investment than advanced economies. At the same time, developing countries need $4 trillion of annual investment to achieve the Sustainable Development Goals by 2030, and $2.8 trillion of annual clean energy investment by next decade to meet both rising energy demands and climate targets.

    “The GEMs statistics challenge the conventional view that emerging markets are high-risk destinations for investment,” said Federico Galizia, Vice President, Risk and Finance, International Finance Corporation. “With 30 years of default frequencies and recovery rates, and now even further levels of disaggregation, GEMs shows that emerging market investments should be within the risk appetite of a broad range of investors.”

    The GEMs publications include default and recovery rates for over three decades of lending by Consortium members to private, public, and sovereign borrowers. The disclosed historic default and recovery rates can be used by investors and credit rating agencies to refine their risk assessment and asset allocation, and provide a useful benchmark for risk and pricing models. Both new publications are available on the GEMs website (http://www.gemsriskdatabase.org).

    About GEMs

     Global Emerging Markets Risk Database (GEMs) Consortium is one of the largest credit risk databases for the emerging markets operations of its member institutions – multilateral development banks and development finance institutions. It pools anonymized data on credit defaults on the loans extended by Consortium members the migrations of their clients’ credit rating and the recoveries on defaulted projects in emerging markets and developing economies, thus providing an insight into geographies that are otherwise relatively poorly served in terms of empirical credit information.

    GEMs was established in 2009 as a bilateral initiative between the European Investment Bank and the International Finance Corporation (World Bank Group). Since then, the GEMs Consortium has grown to include 26 members: African Development Bank (AfDB), Agence Française de Développement (AFD), Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), Black Sea Trade and Development Bank (BSTDB), Banque Ouest Africaine de Développement (BOAD), British International Investment (BII), Council of Europe Development Bank (CEB), Central American Bank for Economic Integration (CABEI), European Bank for Reconstruction and Development (EBRD), European Investment Bank Group (EIB), GuarantCo, Inter-American Development Bank (IDB), Inter-American Investment Corporation (IDB Invest), International Finance Corporation (IFC), International Bank for Reconstruction and Development (IBRD), International Fund for Agricultural Development (IFAD), Islamic Development Bank (IsDB), Kreditanstalt für Wiederaufbau (KfW), Multilateral Investment Guarantee Agency (MIGA), Netherlands Development Finance Company (FMO), U.S. International Development Finance Corporation (DFC), New Development Bank (NDB), Proparco, Cassa Depositi e Prestiti (CDP), and Development Bank of Southern Africa (DBSA).

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Incidents on Ryanair planes – concerns for passenger safety – E-001973/2024

    Source: European Parliament

    Question for written answer  E-001973/2024
    to the Commission
    Rule 144
    Flavio Tosi (PPE), Salvatore De Meo (PPE), Giusi Princi (PPE), Massimiliano Salini (PPE), Caterina Chinnici (PPE), Letizia Moratti (PPE), Marco Falcone (PPE)

    Over the past week, Ryanair aircraft have been at the centre of two incidents: one in Brindisi and the other in Bergamo (Italy). In Brindisi, 184 passengers plus the cabin crew were evacuated and the airport was closed after an engine caught fire. Bergamo airport was shut for a few hours too, following a tyre blowout on a plane coming into land.

    Fortunately no one was injured in either case, but the two are only the latest in a series of episodes and technical issues to hit the Irish airline over the past year. Such incidents not only carry implications for the safety of passengers, crew and security staff, but instantly cause significant disruption to air traffic and operations at the airports involved.

    Given the alarming frequency of such failures, can the Commission say:

    • 1.What action will the European Union Aviation Safety Agency take to ensure that the maintenance plans for Ryanair’s aircraft are in order?
    • 2.For the sake of passenger safety, how will it make sure that the only aircraft used is that which is authorised and fully fit to fly?

    Submitted: 7.10.2024

    Last updated: 15 October 2024

    MIL OSI Europe News

  • MIL-OSI Europe: Briefing – Confirmation hearings of the Commissioners-designate: Hadja Lahbib – Preparedness and Crisis Management; Equality – 15-10-2024

    Source: European Parliament

    Hadja Lahbib a member of the Mouvement reformateur (MR) party, which sits with the Renew Europe group in the European Parliament, has been serving as Belgian minister for foreign affairs, European affairs and foreign trade, and federal cultural institutions since 2022. She was elected as a member of the Parliament of the Brussels Capital Region in 2024 but is currently on leave to fulfil her ministerial duties. Before joining the Belgian government, she co-led the Brussels bid for the title of European Capital of Culture 2030. Born in Belgium in 1970 to a family of Algerian Kabyle origin, Lahbib obtained a master’s degree in journalism and communication from the Université Libre de Bruxelles. She then worked as a journalist and presenter for Belgium’s French-speaking public broadcasting company and other broadcasters, where she gained international experience in covering conflict zones, including Afghanistan, Iraq, Israel and the occupied Palestinian territories. She produced several documentaries to highlight injustices, especially those against women in Afghanistan, Kenya and Belgium.

    MIL OSI Europe News