Category: Farming

MIL-OSI USA: FEMA Administrator Meets Officials and Survivors in South Carolina and Checks on Helene Recovery Efforts as Assistance to Survivors Surpasses $1 Billion

Source: US Federal Emergency Management Agency

Headline: FEMA Administrator Meets Officials and Survivors in South Carolina and Checks on Helene Recovery Efforts as Assistance to Survivors Surpasses $1 Billion

FEMA Administrator Meets Officials and Survivors in South Carolina and Checks on Helene Recovery Efforts as Assistance to Survivors Surpasses $1 Billion

WASHINGTON – FEMA Administrator Deanne Criswell traveled to South Carolina to meet with local and state officials today and check-in on long-term recovery efforts. She surveyed areas affected by Hurricane Helene in Aiken, South Carolina. Criswell, who is directing the federal response to Helene, visited a Disaster Recovery Center in Aiken and met with survivors. There are nearly 60 centers open across states affected by Helene and Milton where survivors can speak with representatives from states, FEMA and the U.S. Small Business Administration that can assist them with their recovery. Survivors can find their closest center at FEMA.gov/DRC. So far, FEMA has approved more than $1 billion in assistance for individuals and families affected by hurricanes Helene and Milton to help pay for housing repairs, personal property replacement, and other recovery efforts. Over 5,000 FEMA personnel are supporting communities across the Southeast where they’re coordinating with local officials, conducting damage assessments and helping individuals apply for disaster assistance programs.Additionally, the U.S. Army Corps of Engineers announced Operation Blue Roof which is a free service to homeowners for 25 counties in Florida impacted by Hurricane Milton. Residents can sign-up at www.blueroof.gov or by calling 888-ROOF-BLU (888-766-3258). The sign-up period deadline is Nov. 5.FEMA encourages Helene and Milton survivors to apply for disaster assistance online as this remains the quickest way to start your recovery. Individuals can apply for federal assistance by: Applying online at disasterassistance.govCalling 800-621-3362, Staffed daily from 7 a.m.-10 p.m. local timeUsing the FEMA AppVisiting a Disaster Recovery Center to talk with FEMA and state agency officials and apply for assistancePresident Joseph R. Biden has approved major disaster declarations in six states–Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia–affected by Helene. He has also approved a major disaster declaration for Florida following Hurricane Milton.These photos highlight response and recovery efforts across states impacted by hurricanes Helene and Milton.

AUGUSTA, Georgia – FEMA Administrator Deanne Criswell talks with a hurricane survivor during her visit to the impacted area to learn more about the ongoing recovery efforts. (Photo credit: FEMA)

AUGUSTA, Georgia – FEMA Administrator Deanne Criswell visits a Disaster Recovery Center where staff are helping survivors jumpstart their recovery following Hurricane Helene. (Photo credit: FEMA)

PUNTA GORDA, Florida – FEMA Disaster Survivor Assistance Team members conduct outreach in affected communities to inform survivors about local and FEMA resources for their recovery. (Photo Credit: FEMA)

CALDWELL COUNTY, North Carolina – FEMA Disaster Survivor Assistance teams are in North Carolina visiting areas affected by Helene to help survivors apply for federal disaster assistance. (Photo Credit: FEMA)

JONESBOROUGH, Tennessee – FEMA Disaster Survivor Assistance teams assist survivors of Helene in their recovery efforts at Fender’s Farm. (Photo Credit: FEMA)

ORANGE COUNTY, Florida – Disaster Survivor Assistance Teams register survivors for disaster assistance at the Bithlo Community Center following Hurricane Milton. (Photo Credit: FEMA)

FEMA’s Disaster Multimedia Toolkit page provides graphics, social media copy and sample text in multiple languages. In addition, FEMA has set up a rumor response web page to reduce confusion about its role in the Helene response.
annie.bond
Thu, 10/24/2024 – 19:57

MIL OSI USA News –

January 25, 2025
MIL-OSI USA: Washington Rail Systems to Receive $115M in Infrastructure Upgrades

US Senate News:

Source: United States Senator for Washington Maria Cantwell

10.24.24

Washington Rail Systems to Receive $115M in Infrastructure Upgrades

Nine projects awarded include $37.7M for RR that moves Eastern WA wheat, $26.3M for Port of Kalama rail expansion to load grain exports faster; Awards also go to projects in Tacoma, Moses Lake, Chewelah, Rainier, Ferry County, and Puget Sound Rail Corridor

SPOKANE, WA – Today, U.S. Senators Maria Cantwell (D-WA), chair of the Senate Committee on Commerce, Science, and Transportation, and Patty Murray (D-WA), chair of the Senate Appropriations Committee, announced nine major investments in Washington state’s rail system infrastructure, totaling $115,577,598.

The improvements will boost railroad capacity all across the state, helping move freight and agricultural products quickly and more safely between our communities and on to international markets.

The grants come from the Federal Railroad Administration’s (FRA) Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program, which funds projects that improve the safety, efficiency, and reliability of intercity passenger and freight rail.

The Washington State Department of Transportation (WSDOT) received $37,700,000 million for final design and construction of rehabilitation of the Palouse River & Coulee City Railroad (PCC). This is in addition to a $72.8 million CRISI grant for the railroad project that WSDOT received last year.

“Wheat farmers in the state rely heavily on the Washington State Grain Train to help export 90 percent of the product they grow. This funding will replace lightweight, 100-year-old, worn rail with 34 miles of upgraded heavyweight track to accommodate heavy railcars, allowing train speeds to double, helping farmers get their goods to market more efficiently,” Sen. Cantwell said.

“Washington state growers need fast and reliable transportation systems to get their products to market, especially if they want to compete in tough international markets—this is critical for our wheat growers and this major federal investment will help ensure Washington state farmers have the kind of infrastructure they need to succeed,” said Sen. Murray. “This is the Bipartisan Infrastructure Law at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21^st century.”

This PCC project is part of a multi-phase effort to improve the railroad system so it can handle heavier, faster rail cars and better withstand extreme weather conditions. Grant funding will help replace light-weight worn rail and rotten railroad ties, as well as rebuild dilapidated roadway crossings and surface tracks. Federal funds will cover 65% of the total project cost.

The PCC serves a critical part of the wheat supply chain in Eastern Washington. This project will help ensure rural Eastern Washington agricultural products remain competitive in the global marketplace, by helping products reach customers faster. Rehabilitation of this freight corridor is important to maintain the region’s economic viability. By keeping rail shipments available and competitive, this project will reduce road maintenance, enhance economic development, improve the environment, and bring long-term jobs to rural communities.

The Port of Kalama received $26,323,386 for a rail expansion project.

“The Port of Kalama is already one of the largest grain export terminals on the West Coast. This funding will increase the port’s grain terminal efficiency by 25-30 percent meaning that farmers not just from Washington, but as far east as Wisconsin, can get their products to market faster,” Sen. Cantwell said.

“These new replacement tracks are going to help the Port of Kalama transport even more goods, including grain, from rail to ship, faster than ever by allowing it to store empty trains at the port,” said Sen. Murray. “This is going to be a real boost for trade in the region, and it is exactly what the Bipartisan Infrastructure Law looks like at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21st century.”

The proposed project will replace rail tracks at the Port of Kalama in Washington. The replacement tracks will support storage of two loaded and two empty trains simultaneously at the port. The project is expected to increase loading efficiency in the direct loading of grain from rail to ship by up to 30 percent. The Port of Kalama will contribute a 20 percent match. Sen. Cantwell wrote a letter in support of the project to U.S. Secretary of Transportation Pete Buttigieg, that letter is available HERE. Sen. Murray wrote a letter of support for the project to U.S. Secretary of Transportation Pete Buttigieg.

The St. Paul & Pacific Northwest Railroad Company received $23,469,151 to improve track along the railroad’s main line in northeast Washington.

“The St. Paul & Pacific Northwest railroad transports two million tons of lumber and other goods annually across Eastern Washington. With this funding, the railroad will upgrade and rehabilitate over 80 miles of mainline track, speeding products to market more safely and reliably,” Sen. Cantwell said.

“This funding is going to help update outdated rail infrastructure that Washington state businesses and consumers rely on—this means safer, more efficient rails while creating good paying jobs,” said Sen. Murray. “This is the Bipartisan Infrastructure Law at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21st century.”

The proposed project on this line between Chewelah, WA and Columbia Gardens, British Columbia, will replace approximately 18 miles (in two sections) of older jointed rail with 136 lb. continuous welded rail and install approximately 85,000 new concrete and steel rail ties along the entire line. This will upgrade the line to meet FRA Class 3 classification requirements, which improves safety and reliability. St. Paul & Pacific Northwest will contribute a 21 percent match. Sen. Cantwell wrote a letter in support of the project to Sec. Buttigieg, that letter is available HERE. Sen. Murray wrote a letter of support for the project to U.S. Secretary of Transportation Pete Buttigieg.

The Columbia Basin Railroad Company, which operates between Moses Lake and Connell in central Washington, received $11,552,000 to rehabilitate approximately 10 miles of their railroad line.

“The Columbia Basin Railroad serves over 50 businesses and is a lifeline for Washington farmers and exporters across Grant, Lincoln, Spokane, Adams, and Whitman counties. This funding will facilitate critically needed track repairs which will enable increased freight capacity and operating speeds,” Sen. Cantwell said.

“When it comes to the rails our trains travel every day—and which connect companies and communities across Washington state with crucial goods, services, and opportunities—it is important we have safe, reliable tracks,” said Sen. Murray. “By helping to replace some 8,000 cross ties, and 10 miles of rail, this funding will help us make sure the tracks serving the Columbia Basin are in tip top shape and will safely increase operating speeds and capacity. This is the Bipartisan Infrastructure Law at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21st century.”

The proposed project will replace approximately ten miles of rail and approximately 8,000 cross ties on the Columbia Basin Railroad. This will enhance safety and improve system performance as the project will return the line to a state of good repair, increase operating speeds, and allow for increased capacity to move freight, benefitting over 50 customers served by the Columbia Basin Railroad. Columbia Basin Railroad will contribute a 20 percent match.

Tacoma Rail received $8,316,000 to replace the engines of four old locomotive with new Tier 4 diesel electric engines that will reduce harmful NOx emissions by about 90 percent. This is in addition to $4.095 million the railroad received last year to replace two high-polluting diesel electric switcher locomotives with two zero-emission battery-electric switcher locomotives. Sen. Murray wrote a letter of support for the project to U.S. Secretary of Transportation Pete Buttigieg.

“With this grant funding, Tacoma Rail will replace the engines of four old locomotives with new clear diesel electric engines. This will reduce emissions by 200 tons per year and reduce fuel consumption by more than 18,000 gallons of diesel fuel annually. A significant step in contributing to the region’s climate action goals and reducing shipping costs for farmers,” Sen. Cantwell said.

“This investment will help ensure we reduce carbon emissions while still moving freights as quickly and efficiently as possible—and creating good-paying jobs in the process,” said Sen. Murray. “This is the Bipartisan Infrastructure Law at work—helping us build a stronger clean energy economy while upgrading our national infrastructure.”

Tier 0 project locomotives are equipped with diesel engines that were built between 1973 and 1992 – before the first federal EPA emission standards for locomotives were developed in 1997. The new engines will eliminate the consumption of more than 18,000 gallons of diesel fuel a year, which is expected to reduce up to 200 short tons of greenhouse gas emissions. These new locomotives will help the City of Tacoma and Port of Tacoma achieve local, county, regional, and state air quality and climate goals.

WSDOT’s Puget Sound Rail Corridor Improvement Project received $6,451,894.25 to improve safety and help prevent winter weather delays.

“The Puget Sound Rail Corridor Improvement Project will upgrade rail switches between Everett and Vancouver, lowering maintenance costs and reducing weather delays for the two million passengers that ride Amtrak and Sound Transit each year,” Sen. Cantwell said.

“I’m pleased to see this funding come back to Washington state to help keep trains running through our Puget Sound Corridor quickly, smoothly, and safely. Steps to tackle issues like eliminating gaps and preventing ice and snow build up are crucial to keep our tracks open and trains running full steam ahead—which is why this funding is so important. This is the Bipartisan Infrastructure Law at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21st century,” said Sen. Murray.

The proposed project will eliminate potentially dangerous gaps between rails and install electrically powered heaters on turnouts to prevent ice and snow buildup. This will enhance resilience, safety, and performance. The Washington State Department of Transportation and BNSF will contribute a 50 percent match.

Rainier Rail received $1,765,167 to improve four bridges in Western Washington, including the Minnesota St. Bridge in Rainier, WA.

“Rainier Rail provides important transportation connections for goods including aircraft materials and animal feed moving through western Washington. This project will improve their track capacity and replace aging rail ties to ensure they can continue serving customers in our state,” Sen. Cantwell said.

“This investment will help modernize existing infrastructure so that Rainier Rail can accommodate more freight, getting more goods to where they need to go more quickly,” said Sen. Murray. “This is the Bipartisan Infrastructure Law at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21^st century.”

The bridge improvements include replacement of structural components, increasing clearance on the Minnesota St. Bridge, installing larger rail to accommodate 286,000 lb. railcars, and replacing aging rail ties. The project will create a safer, more resilient, and environmentally sustainable rail network in the region as it will address safety concerns, environmental preservation, capacity limitations, climate resilience, and supply chain efficiency. Rainier Rail will contribute a 21 percent match.

A portion of two other grants announced today will fund rail upgrades in Washington state.

OmniTRAX received $50,570,400 to replace of railroad ties on four OmniTRAX-owned short lines across four states – including a line in Ferry County.

“Kettle Falls Railroad is a strategic rail asset in Ferry County, supporting millions of dollars in economic activity in Washington state. This funding will install new ties along nearly 30 miles of rail enabling freight to move more reliably and efficiently in Northeast Washington,” Sen. Cantwell said.

“This funding will help deliver timely infrastructure updates in Washington state—meaning safer, more efficient, and more resilient railways,” said Sen. Murray. “This is the Bipartisan Infrastructure Law at work—strengthening supply chains and upgrading our infrastructure so that America can compete and win the 21^st century.”

OmniTRAX will install 24,513 ties on approximately 29.9 miles of the KFR San Poil Subdivision near Danville, Washington. The line connects Kettle Falls to Grand Forks, Canada. The project will harden rail assets and update infrastructure, which will benefit rail users served by the short lines. OmniTRAX will contribute a 20 percent match. Sen. Cantwell wrote a letter in support of the project to Sec. Buttigieg, that letter is available HERE. Sen. Murray wrote a letter of support for the project to U.S. Secretary of Transportation Pete Buttigieg.

Watco Companies received $19,843,062 to replace diesel locomotives with battery electric, zero emission locomotives at their facilities, including the Packaging Corporation of America in Washington.

“With this funding we are replacing old diesel locomotives with clean battery electric, zero emission locomotives—that helps us cut down on harmful emissions and unhealthy pollution from diesel,” said Sen. Murray. “This is the Bipartisan Infrastructure Law at work—helping us build a stronger clean energy economy while upgrading our national infrastructure.”

The U.S. Department of Transportation is providing $2.477 billion in CRISI grants to 122 projects across the nation this year.

Sen. Cantwell secured $5 billion over 5 years for the CRISI program in her Surface Transportation Investment Act which was included in the 2021 Bipartisan Infrastructure Law, tripling annual funding for the program.

The funding for the CRISI program comes from a mixture of annual appropriations and the Bipartisan Infrastructure Law—as Senate Appropriations Chair, Sen. Murray authors the annual appropriations bills and, as then Assistant Majority Leader, she played a critical role in passing the Bipartisan Infrastructure Law. Sen. Murray secured a total of $2.97 billion for the Federal Railroad Administration in the fiscal year 2024 government funding bill she negotiated and passed into law and set aside $100,000,000 specifically for the competitive CRISI grants.

Sen. Murray also passed into law major reforms and oversight provisions to address the rail safety deficiencies identified in the East Palestine, Ohio, train derailment, providing a $27.3 million increase for FRA’s safety and operations budget for rail safety inspectors in the Fiscal Year 2024 government funding bills. Murray also included language directing specific research requirements for: (1) wayside detection technology, operational alert thresholds, and rail carrier response protocols to inform and verify the technologies capabilities and establish industry-wide standards; and (2) long-train operational safety to evaluate equipment safety standards for brake systems and wheel performance to inform the development of continuous component monitoring. Sen. Murray also increased funding for the Pipeline and Hazardous Materials Safety Administration’s (PHMSA) emergency preparedness grants to $46.825 million and required the agency to conduct research to improve the survivability of placards identifying hazardous materials on trains. Sen. Murray is currently negotiating and working to pass into law Fiscal Year 2025 funding bills and the Senate funding bill Sen. Murray passed out of committee builds on these efforts to improve rail safety and strengthen rail safety funding.

MIL OSI USA News –

January 25, 2025
MIL-OSI Australia: Liberals back profiteering private insurers over public hospitals

Source: New South Wales Ministerial News

Published: 25 October 2024

Released by: Treasurer, Minister for Health

The NSW Government has passed legislation addressing the refusal of private insurers to pay their bills in public hospitals.

The refusal of the country’s biggest private health funds to pay the correct single room rate has been robbing public hospitals of $140 million each year.

The bill passed the Legislative Council 21 to 17 with the support of the Greens, the Shooters, Fishers and Farmers, the Animal Justice Party and the Legalise Cannabis Party.

In the Legislative Assembly it passed 50 to 31 with the backing of six of the eight independents who voted, and the Greens.

The result means the Leader of the Opposition led a vote against the very same legislation he backed a decade ago.

In 2013, Liberal Leader Mark Speakman supported then-Treasurer Mike Baird’s bill to amend the Health Insurance Levy.

This achieved an agreement from the private insurers to pay their fair share.

However in 2019 the major funds began walking away from that agreement, and since then have doubled their profits.

Mr Baird’s 2013 legislation was supported by NSW Labor in a united effort to ensure the big private health insurers paid their bills.

But the Liberal Party’s opposition signals that under Mr Speakman’s leadership, private insurers can walk away from their bills with no recourse.

The Opposition Leader, the Shadow Treasurer and the Member for Vaucluse must explain why they believe wealthy private insurers don’t have to play by the same rules as hard-working families across NSW and pay their bills.

The NSW Government remains open to dialogue with major insurers to resolve the issue.

The Government applauds the majority of non-profit private health funds, including Teachers Health, Nurses and Midwives Health and Emergency Service Health, who continue to pay the correct rate.

Treasurer Daniel Mookhey said:

“Mike Baird was right in 2013 when he demanded insurers pay their fair share and a decade later, we are right to reinforce that agreement.

“Premiums didn’t go down when the big insurers stopped paying their bills. They shouldn’t threaten families with an increase now. The big insurers can still resolve this impasse by simply paying their bills.

“The Government thanks those on the cross benches in both houses who supported this bill.”

Minister for Health Ryan Park said:

“All we’re asking is that private health insurers pay their fair share of their use of public hospital beds.

“Every day they don’t, it’s costing the state over $338,000 – every single day.

“It is so emblematic of the current Liberal Opposition that they refuse to support the very same bill they proposed when they were confronted with this very same set of circumstances.

“It is so symptomatic of this Liberal Opposition which no longer knows what it stands for, completely devoid of conviction.”

MIL OSI News –

January 25, 2025
MIL-OSI Australia: 232-2024: New identity check process for cats and dogs on the UK travelling to Australia

Source: Australia Government Statements – Agriculture

25 October 2024

Who does this notice affect?

Stakeholders associated with the import of live cats and dogs (including assistance dogs) from the United Kingdom (UK) to Australian territory, including importers, pet transport agents, and official and government-approved veterinarians.

What has changed?

A…

MIL OSI News –

January 25, 2025
MIL-OSI China: Harvest season of late rice begins in south China

Source: People’s Republic of China – State Council News

Harvest season of late rice begins in south China

Updated: October 25, 2024 09:06 Xinhua

Actors perform at an event celebrating harvest in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region, Oct. 23, 2024. Many places in Guangxi ushered in the harvest season of late rice. [Photo/Xinhua]

Actors perform at an event celebrating harvest in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region, Oct. 23, 2024. [Photo/Xinhua]

An aerial drone photo taken on Oct. 24, 2024 shows villagers harvesting rice in a field in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region. [Photo/Xinhua]

A drone photo shows actors performing at an event celebrating harvest in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region, Oct. 23, 2024. [Photo/Xinhua]

An aerial drone photo taken on Oct. 24, 2024 shows rice fields in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region. [Photo/Xinhua]

An aerial drone photo taken on Oct. 24, 2024 shows a harvester working in a rice field in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region. [Photo/Xinhua]

Actors perform at an event celebrating harvest in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region, Oct. 23, 2024. [Photo/Xinhua]

An aerial drone photo taken on Oct. 24, 2024 shows rice fields in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region. [Photo/Xinhua]

Farmers air rice in Jinjie Town of Tiandeng County, south China’s Guangxi Zhuang Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

An aerial drone photo taken on Oct. 24, 2024 shows rice fields in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region. [Photo/Xinhua]

An aerial drone photo shows actors performing at an event celebrating harvest in Tiandeng County, south China’s Guangxi Zhuang Autonomous Region, Oct. 23, 2024. [Photo/Xinhua]

MIL OSI China News –

January 25, 2025
MIL-OSI China: Harvest season of cotton starts in Aksu, China’s Xinjiang

Source: People’s Republic of China – State Council News

Harvest season of cotton starts in Aksu, China’s Xinjiang

Updated: October 25, 2024 09:37 Xinhua

A cotton picker operates in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. The harvest season of cotton has started in Awat. Thanks to efforts in the construction of high-standard farmland, the entire cotton planting process, which ranges from sowing to harvesting, has been fully mechanized in the county. [Photo/Xinhua]

A drone photo shows a cotton picker operating in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

A drone photo shows a cotton picker operating in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

Farmers check the growth of cotton in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

This photo shows a cotton field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

A loader lifts a bundle of newly harvested cotton in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

A cotton picker drops a bundle of newly harvested cotton in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

This photo shows bundles of newly harvested cotton in a field in Awat County of Aksu, northwest China’s Xinjiang Uygur Autonomous Region, Oct. 24, 2024. [Photo/Xinhua]

MIL OSI China News –

January 25, 2025
MIL-OSI China: Shanghai opens annual Lujiazui Coffee Festival

Source: China State Council Information Office 3

Shanghai continues to lead China’s coffee market with 9,553 coffee shops, officials announced during a news conference on Wednesday at the opening of the Lujiazui Coffee Festival in Pudong New Area.

Jin Wencheng, director of the Ministry of Agriculture and Rural Affairs’ rural economy research center, released the Global Coffee Industry Development Trends Insight Report and related index at the event, highlighting that China’s annual coffee consumption reached 280,000 metric tons last year, with customers patronizing approximately 157,000 coffee shops nationwide.

Jointly launched by the China Media Group Shanghai Bureau — the financial program center of CMG — and the research center, the report further pointed out that the value of the coffee industry in China reached 265.4 billion yuan ($37.3 billion) in 2023, an increase of over 30 percent year-on-year. The number of coffee consumers in the country is close to 400 million.

“The Chinese coffee market has seen significant expansion, emerging as a standout in the global coffee industry,” Jin said, adding that the report and index are constructed based on three key dimensions: industry scale, development quality and industry resilience.

China’s coffee production increased from 114,000 tons in 2020 to 146,000 tons last year, the report noted. Yunnan province accounts for 98 percent of the national output, making it the primary coffee-producing region in China.

“Refinement and branding are leading the high-quality development of the domestic coffee industry in China,” said Jin, noting that the proportion of premium domestic coffee products has significantly increased, reaching 22.7 percent this year.

“Domestic coffee brands are rapidly emerging, and the fusion of coffee culture with tourism has become a new business model,” Jin added.

On a global scale, coffee production has shown a growth recovery, according to the report.

Last year, global coffee consumption reached 10.62 million tons, marking a 2.2 percent increase from the previous year, with a total daily consumption of 3 billion cups of coffee.

Apart from the emerging market in China, countries and regions such as Brazil, the Philippines and South Korea are also experiencing rapid growth in coffee consumption.

The bustling crowd of coffee enthusiasts at the Lujiazui Coffee Festival — the news conference venue — attests to the fervor of the coffee market.

Shanghai, which has more coffee shops than any city in China, launched the ninth edition of the coffee festival on Wednesday, which will run until Oct 27.

Taking place at Shanghai’s Lujiazui Central Greenland, the festival brings together over 260 selected brands, more than 100 boutique coffee shops and over 20 influencers from the industry hailing from over 70 cities worldwide. It serves as a platform for the exchange of creative ideas and the exhibition of the latest coffee-related products.

Manhattan Coffee Roasters from Rotterdam, Netherlands; Ghostbird Coffee Roastery from Kuala Lumpur, Malaysia; and Proud Mary Coffee Roasters from Melbourne, Australia, are among the 12 international specialty coffee brands that are making their domestic debut at the festival.

Since its inception in 2016, the festival has become a benchmark cultural experience in the coffee industry in China, drawing the cumulative participation of over 850,000 people.

“As the brand influence of the Lujiazui Coffee Festival continues to grow, it will not only bring more global coffee flavors to Pudong, but also explore new pathways for Chinese domestic coffee to enter the international market,” said Chen Bai, director of the festival.

MIL OSI China News –

January 25, 2025
MIL-OSI USA: 10.24.2024 ICYMI: Sen. Cruz Receives Recognition for Pivotal Bipartisan Victory, Championing South Texas Economy

US Senate News:

Source: United States Senator for Texas Ted Cruz

WASHINGTON, D.C. – In Case You Missed It: U.S. Sen. Ted Cruz (R-Texas), Ranking Member of the Senate Commerce, Science, and Transportation Committee, was honored yesterday by the city of Laredo and awarded the Key to the City for his leadership in streamlining the presidential permitting process and securing presidential permits to build and expand four major international bridges in South Texas, including two in Laredo. Read the articles below:

From Texas Border Business: Sen. Ted Cruz’s Leadership Secured Approval for Four International Bridges
“In a remarkable display of bipartisan cooperation and a commitment to advancing the interests of South Texas, U.S. Sen. Ted Cruz (R-Texas), Ranking Member of the Senate Commerce, Science, and Transportation Committee, has achieved a significant legislative victory, securing the approval for four international bridges. This achievement was celebrated in Laredo, Texas, where Cruz was honored with the Keys to the City by Mayor Dr. Victor D. Treviño. The event was momentous for the Laredo community and the region’s future prosperity.
“Mayor Treviño, in his heartfelt presentation, said, ‘The City of Laredo hereby presents the key of the City of Laredo to the United States Senator Ted Cruz, Senator from Texas, for supporting the Laredo community with historic legislation that advances international trade and ensures future prosperity.’ These words underscored the city’s recognition of Cruz’s pivotal role in championing Laredo’s economic and infrastructural future.
“Taking to the podium, Senator Ted Cruz expressed his deep gratitude: ‘Mayor, thank you very much. I am incredibly honored and humbled to receive the key to the city—an incredible distinction from an amazing place in Texas. I have to say I love South Texas. I love the city of Laredo. It is an incredible hub of commerce, an incredible port to the entire world.’ Cruz’s admiration for the region is evident, but his dedication to improving its infrastructure is even more profound.”

From KGNS News: Laredo hosts trade talks with Sen. Cruz, federal, and international leaders

From Laredo Morning Times: Laredo presents ‘long overdue’ Key to the City to Sen. Ted Cruz
“Cruz gave a brief speech after receiving the honor and spoke about working together on four new bridges in South Texas: two in Laredo, one in Eagle Pass and one in Brownsville.
“‘They were delaying those bridges for three, four, five years,’ Cruz said. ‘A delegation from the city of Laredo asked me to help, asked me to lead the effort, and I told them I was proud to do so.’ …
“Cruz said the legislation could help Texas farmers, ranchers, small businesses and consumers. He briefly mentioned another bipartisan effort involving Interstate Highway 27, which would start in Laredo and extend to Montana.”

MIL OSI USA News –

January 25, 2025
MIL-OSI Asia-Pac: President Lai and Vice President Hsiao attend opening of Presidential Office Building permanent and special exhibitions

Source: Republic of China Taiwan

President Lai and Vice President Hsiao attend opening of Presidential Office Building permanent and special exhibitions
President Lai and Vice President Hsiao attend opening of Presidential Office Building permanent and special exhibitions
2024-10-19

On the morning of October 19, President Lai Ching-te and Vice President Bi-khim Hsiao attended the opening of the Presidential Office Building’s all-new permanent exhibition, Together as One with Taiwan: The Ark of Democracy, and special exhibition, Super Taiwan Comics! The Flavors of Taiwan in Ink. In remarks, President Lai stated that the permanent exhibition, with the theme “Ark of Democracy,” has cross-disciplinary, cross-generational, and “cross-universe” features, and symbolizes how the people of Taiwan are all navigators of this Ark. He said that we will continue guiding the nation forward together with democracy and unity, and welcomed the public to visit the exhibition. Vice President Hsiao, in remarks, stated that the public can gain a deeper understanding of the historical context of the office as well as of the development of Taiwan through several eras.
In his remarks, President Lai stated that the Democratic Progressive Party (DPP) was born on September 28, 1986 in order to achieve democracy. Over its journey, he said, the DPP has worked together with the Taiwanese people, not just to break free from restrictions on political parties and the media, end martial law, call to abolish Article 100 of the Criminal Code, and achieve 100 percent freedom of speech, but also to tirelessly promote direct presidential elections and the complete re-election of the legislature, helping Taiwan shift from authoritarian rule to democracy.
The president said that in 2000, the DPP took office for the first time, opening the Presidential Office Building to the public for weekday tours. This, he said, fully represents the spirit of democracy, as democracy is rule by the people, and the Presidential Office Building is not just the workplace of the president, vice president, and other staff. Its property rights belong to the whole body of citizens, he said, and citizens have the right to enter the Presidential Office Building and learn more about its architecture as well as Taiwan’s past.
President Lai indicated that former President Tsai Ing-wen took the opening up of the Presidential Office Building even further by installing a permanent exhibition, similarly upholding the democratic spirit, and helping the public understand the significance of democracy on an even deeper level. The theme of the previous exhibition, he said, was “Power to the People,” while the theme of the new permanent exhibition, “Ark of Democracy,” envisions democratic Taiwan as an ark on the Pacific Ocean, with peace as our lighthouse; democracy as our compass; freedom, human rights, and the rule of law as our banners; culture and ecological sustainability as our hull; and technology as our driving force. The president said that the people of Taiwan are all navigators of this Ark, and we work together to guide a course of engagement with the world and usher in the future – these are the key concepts of the Ark of Democracy’s curation.
President Lai expressed that the exhibition has three major features. First, he said, it is cross-disciplinary, introducing Taiwan’s rich natural ecology and technological achievements, showing that Taiwan is a diverse ark of ecology, technology, culture, and democracy. Second, he said, it is cross-generational, displaying not only images of the former presidents, but also exhibiting the history of Taiwan’s semiconductor development, civil movements, and democratization, and even explaining the architectural history of the Presidential Office Building in the first-floor corridors. The president said that members of the public who come to visit will be able to clearly understand that Taiwan’s achievements are hard-won and worth cherishing, and that we should unite all the more closely for even greater accomplishments.
President Lai went on to say that the exhibition’s third feature is being “cross-universe,” with one of the exhibits utilizing AI technology to generate multiple universes showing what the world might look like without Taiwan, presenting the technical and futuristic aspects of AI as well as the importance of Taiwan. We will transform Taiwan into an AI island, he said, and this is the first time that AI applications have featured in an exhibition at the Presidential Office Building.
President Lai then remarked on the rich variety of the exhibition content, and thanked the Ministry of Economic Affairs, Ministry of Culture (MOC), Ministry of Agriculture, Ministry of the Interior, and Ministry of Transportation and Communications, whose ministers or deputy ministers were also at the event, for their support. He also offered his gratitude to the staff of the General Association of Chinese Culture for their hard work and dedication, which successfully brought the all-new permanent exhibition to completion.
In addition to the permanent exhibition, the president noted, the MOC has organized Super Taiwan Comics! The Flavors of Taiwan in Ink, a special exhibition that showcases the abundant and diverse creativity in Taiwan’s world of comics. In that world, he said, one can see a different perspective of Taiwan, which is equally admirable. The president, who would soon tour the exhibition with those present, pointed out that at the end of the exhibition there is a photo booth. He welcomed exhibition-goers to have pictures taken with images of him and the vice president and to share them with friends on Facebook or Instagram.
In closing, President Lai again welcomed the people of Taiwan to visit the Together as One with Taiwan: The Ark of Democracy permanent exhibition. All the people of Taiwan, the president emphasized, have the right to visit the Presidential Office Building. He stated that we are all navigators of this Ark of Democracy, and that we will continue guiding the nation forward together with democracy and unity.
Vice President Hsiao then delivered remarks, saying that she is very happy to be with President Lai at today’s “unboxing” of the Presidential Office Building’s permanent exhibition. From the inauguration on May 20 to today, she said, many of our fellow Taiwanese have been asking when they would be able to visit and take pictures at the Presidential Office Building again. She said she is sure that everyone is very much looking forward to visiting, as the building belongs to the whole body of citizens, just as President Lai had said, one that has its own history and bears the important vestiges of our continued pursuit of progress.
Vice President Hsiao remarked that the exhibition is very diverse in content, spanning ecology, democracy, international affairs, technology, and civil movements. Moreover, she emphasized, it showcases Taiwan’s spirit of resilience. The exhibition also goes into the history of the Presidential Office Building and has displays of important laws and objects, she noted, adding that the public can visit and gain a deeper understanding of the historical context of the office as well as of the development of Taiwan through several eras.
Vice President Hsiao pointed out that the “Ark of Democracy” of the title implies that we are all in the same boat. When our international friends visit, she said, they see that even though the island of Taiwan is small, it is home to a diversity of opinions and positions, and that our people are in the end able to find common ground and move forward together. She stated that because we are all in the same boat, we must work together.
Noting that Taiwan’s industry landscape is very diverse, Vice President Hsiao said that this exhibition presents the historical context surrounding the development of our world-renowned high-tech industry. She also underscored how it showcases the people of various sectors and professions who have worked together so that the Taiwanese people can live in peace and happiness and the nation can become even greater.
Vice President Hsiao said that Taiwan has a very diverse ecology. Even though this Ark is very small, when our international friends come here, she said, they notice that Taiwan has mountains, is surrounded by the ocean, and that getting from the coast to a mountain and back again can take as little as 20 to 30 minutes. She pointed out that this diverse ecology is also seen in our Ark of Democracy, which bears the nation’s beauty and its sorrow, as well as its people’s dreams and future. She said she is looking forward to “unboxing” the exhibition with President Lai and the ministry leaders moments from now, but that she is also looking forward to the people of Taiwan taking the time to walk through the Presidential Office Building and share in the glory of our history and Taiwan’s democracy.
Following their remarks, President Lai and Vice President Hsiao took a tour of the exhibits, “Welcome Aboard the Ark of Democracy,” “Presidents of the Republic of China (Taiwan),” “Ecological Treasure Island,” “The Invisible Backbone of Global Technology,” “Taiwan’s Vibrant Democracy, Moving Forward with the World,” “Become One with Us,” and “The Ark Sails Onward,” and the special exhibition of contemporary Taiwan comics, taking in the unique highlights of each area.

MIL OSI Asia Pacific News –

January 25, 2025
MIL-OSI: Legible Announces $2.1 Million Private Placement Unit Offering and Appointment of Chief Technology Officer

Source: GlobeNewswire (MIL-OSI)

VANCOUVER, British Columbia, Oct. 24, 2024 (GLOBE NEWSWIRE) — Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) (“Legible or “the Company”), a leading platform and innovator in digital literature, announces an offering of units (“Units”) for gross proceeds of $2,100,000 by way of a non-brokered private placement (the “Offering”) pursuant to exemptions from applicable securities laws. Each Unit consists of one common share (“Common Share(s)”) and one whole Common Share purchase warrant (“Warrant(s)”) with each Warrant entitling the holder to acquire 1 Common Share at a price of $0.14, at any time prior to 5:00 pm (PST) on the date that is two years from the closing date. If the volume weighted average trading price of the Common shares is at least $0.40 per Common Share for a period of 5 consecutive trading days, the expiry date of the Warrants may be accelerated by the Company to a date that is not less than 14 days after the date that notice of such acceleration is provided to the Warrant holders by way of a press release.

The Company has received subscription agreements totaling $1.7 Million. Closing may occur in tranches, with the first tranche expected to close on or about October 31, 2024.

Legible is also pleased to announce the appointment of Mr. Andrew Nelson to the position of Chief Technology Officer. Mr. Nelson is a Senior Software Engineer who brings nearly 20 years of experience in a wide array of technological and business development roles spanning a wide array of industries, having held a number of senior positions. Prior to Mr. Nelson’s appointment as Legible’s CTO, Mr. Nelson held the position of Director of Technology at Legible as of January 2024. Mr. Nelson’s proficiencies in software development, web design, cybersecurity, data analytics, organizational planning, and product development have helped companies create and implement scalable, customer-focused solutions to drive business growth and brand recognition. Mr. Nelson also has extensive executive and board experience.

Andrew Nelson stated, “I’m incredibly grateful to take on this leadership role at Legible, a company with such a positive mission to revolutionize how people read and interact with digital literature. Our technology roadmap is centered around creating personalized, accessible, and intuitive experiences that seamlessly integrate into everyday life. As CTO, I’m committed to ensuring that our product innovation and leadership align fully with Legible’s mission, enriching the way audiences engage with literature across the globe.”

Kaleeg Hainsworth, CEO of Legible, commented, “We are deeply grateful for the support of our lead investor, a U.S.-based private financial services corporation, which has committed CDN$1.61 million to this Offering. This funding will strengthen our balance sheet and empower us to ramp up marketing and sales initiatives, fueling the growth of our Legible Unbound Subscription service. At just US$9.99 per month, Legible Unbound is gaining traction by offering unlimited access to a vast and growing catalogue of eBooks and audiobooks. We are thrilled also to welcome Andrew Nelson as our new Chief Technology Officer. Andrew’s sophisticated understanding of user experience, technological trends, and eCommerce will be invaluable as we scale globally across all our verticals. He is experienced, proven, genuinely understands what Legible is achieving, resilient, a fantastic people person, and is greatly respected in his community. Andrew enhances our executive team and supports Legible’s mission to innovate and lead in the digital literary space, now more than ever.”

Further to Legible’s Press Release dated July 18, 2024 wherein Legible announced its warrant incentive program (the “WIP”), Legible is pleased to announce the WIP resulted in: (i) a total of 3,374,936 warrants being exercised at $0.07 for proceeds of $236,246, which included $180,233 in the settlement of outstanding indebtedness; and (ii) the issuance of new warrants exercisable on or before August 16, 2025 at $0.10 for an additional 3,374,936 common shares. In the event that the volume weighted average trading price of the common shares of Legible on the Canadian Securities Exchange is at least $0.30 for a minimum of 10 consecutive trading days (whether or not trading occurs on all such days), Legible may, in its sole discretion, issue a news release announcing that the exercise period has been reduced to twenty-one (21) days following the date of the issuance of such news release (the “Accelerated Expiry Date”). If such news release is issued, all such warrants that are not exercised prior to 5:00 p.m. Vancouver time on the Accelerated Expiry Date will expire immediately after such time on the Accelerated Expiry Date.

In addition, further to the Company’s press release dated January 24, 2024, Legible announces the conclusion of its engagement with Investor Cubed Inc. (“Investor Cubed”), which provided investor relations and shareholder communication services, effective immediately. Legible extends its gratitude to Investor Cubed for their contributions and support during the engagement.

About Legible Inc.

Legible is a groundbreaking, mobile-centric global company specializing in eBook and audiobook entertainment. Its extensive partnerships encompass four of the Big 5 Publishers, the world’s largest eBook distributors, and outstanding publishers of all sizes, enabling Legible to deliver millions of eBooks and audiobooks, transforming any smart device into a source of cutting-edge infotainment.

Legible recently released My Model Kitchen – Vol. 2: Vegetables – The Garden of Earthly Delights, the second of 15 video-enriched Living Cookbooks by former supermodel, bestselling author, TV host and celebrity chef Cristina Ferrare, with an AI Sous Chef for each recipe. The Living Cookbooks and Ms. Ferrare have been featured twice on the Drew Barrymore Show and in many other major US media outlets.

A first mover in the rapidly expanding automotive infotainment market, Legible has partnered with media providers Faurecia Aptoide, Harman Ignite, LiveOne, and Visteon. Legible has the only Android Automotive app that delivers both audiobooks and eBooks to drivers and passengers in tens of millions of vehicles around the globe, positioning Legible at the forefront of the new world of in-car infotainment experiences.

The 2024 EdTech Breakthrough Award winner for eLearning Innovation of the Year, Legible is reshaping the digital publishing landscape, committed to gaining significant market share through its innovative 21st-century publishing solutions and enriched reading experiences. Visit Legible.com, where eBooks come to life.

Press Contacts:

Legible Inc.

Ms. Deborah Harford
EVP, Global Strategic Partnerships
invest@legible.com
Website: https://invest.legible.com

Legible Media Relations

Krupp Kommunications, Inc.
Ms. Kathy Giaconia
VP Media Relations
kgiaconia@kruppagency.com
1-213-324-5665
http://www.KruppAgency.com

Cautionary Note Regarding Forward Looking Information
This Press Release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Legible’s business. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Legible’s control, including the impact of general economic conditions, industry conditions, currency fluctuations, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Legible believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward- looking information. As such, readers are cautioned not to place undue reliance on the forward- looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Legible does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/989cb8b1-ce9c-4e00-b6a0-53c60c30fc72

The MIL Network –

January 25, 2025
MIL-OSI Europe: Written question – Proposal for a revision of Regulation (EU) No 1169/2011 – E-002165/2024
Source: European Parliament
18.10.2024

Question for written answer E-002165/2024
to the Commission
Rule 144
Kathleen Funchion (The Left)

The Commission had been expected to publish its proposal for a revision of Regulation (EU) No 1169/2011 on the provision of food information to consumers[1] in the second quarter of 2022, following on from its 2020 communication entitled ‘A Farm to Fork Strategy for a fair, healthy and environmentally-friendly food system’[2].

1.Will the Commission publish this proposal and, if not, why not?

2.Does the Commission agree that failure to publish undermines the European Green Deal and the EU’s biodiversity strategy for 2030, as the farm to fork strategy is a key element of both?

Submitted: 18.10.2024

[1] http://data.europa.eu/eli/reg/2011/1169/oj.

[2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52020DC0381.
Last updated: 24 October 2024
MIL OSI Europe News –
January 25, 2025
MIL-OSI Europe: EU paves the way for investments in Timor-Leste’s water, waste, and forestry sectors, boosting the country’s sustainable development
Source: European Investment Bank

EIB
- The EU-funded programme has supported the Government of Timor-Leste in identifying and preparing potential investment projects.
- These projects have been identified in the sectors of forestry, water supply, and waste management, and were presented today as ready for financing, with a total investment need of approximately €260 million.
- EIB Global is ready to assess these projects for financing.
The European Union Delegation to Timor-Leste and the European Investment Bank (EIB Global) have worked closely with the Government of Timor-Leste to prepare investment projects aimed at improving the country’s infrastructure and fostering sustainable development. The three proposals resulting from this collaboration focus on water supply, solid waste management, and forestry, and are now ready to be transformed into tangible investments.

The three projects include a commercial forestry initiative in the municipalities of Covalima and Bobonaro, a national solid waste management project including a health waste management component, and a water supply project for selected municipalities. The forestry project aims to transform underutilised state lands, generating essential resources like firewood and timber, while creating thousands of jobs for local communities. The national waste management project introduces solutions for the safe and efficient management of waste thus reducing significantly the pollution discharged into the environment. The water supply project focuses on improving access to clean water in key municipalities, addressing both urban and rural needs for better sanitation and reliable water sources. Together these initiatives require a total investment of about €260 million.

The preparation of the three investment projects was made possible through the Project Preparation and Implementation Programme (PPIP), which concluded today with the final Steering Committee meeting where these projects were presented. Managed by EIB Global, the PPIP was supported by a €5 million budget, including €4.75 million in technical assistance from the EU and €250,000 from the Cotonou Partnership Agreement.

The final Steering Committee meeting was chaired by H.E. the Minister for Planning and Strategic Investments, Gastão Francisco de Sousa, and attended by representatives from the Government of Timor-Leste, EIB Global, the EU Delegation to Timor-Leste, and other stakeholders.

The Ambassador to the European Union Delegation to Timor-Leste, Mr Marc Fiedrich said: “If converted into a loan, the Project Preparation and Implementation Programme opens a new era of cooperation. Until today, our support, although significant in terms of funds, consisted of limited instruments: grants, technical assistance, and budget support. With this programme, we add loans and guarantees, and maybe later private investments. This is the new trend of cooperation promoted by the EU, the innovative Global Gateway strategy that may become the norm in the near future.”

The Vice-President of the European Investment Bank Ambroise Fayolle said: “Alongside our EU partners on the ground, we have been supporting the Government of Timor-Leste in identifying and preparing investment projects. By focusing on strategic sectors such as forestry, water supply, and waste management, these initiatives will not only address immediate community needs but also lay the groundwork for sustainable economic growth. We look forward to turning these project proposals into tangible investments. As the EU’s financial arm, the EIB stands ready to provide the necessary financial support to make these projects a reality, in line with the EU’s Global Gateway strategy.”

His Excellency the Minister for Planning and Strategic Investments, Gastão Francisco de Sousa said: “All three projects have the potential to make significant and long-term contributions to Timor-Leste’s development, and to improved rural and urban environments. The projects comply with and support our national development objectives for their respective sectors.” He emphasised the role of the Ministry of Planning and Strategic Investments in facilitating and coordinating efforts across the sectors.

His Excellency the Minister of Agriculture, Livestock, Fisheries and Forestry, Marcos da Cruz said: “I would like to thank the EIB, the EU Delegation and COWI for the design of the Timor-Leste Commercial Forestry Project. We welcome this innovative approach to the development of commercial forestry in Timor-Leste, using currently unproductive land. In addition, the project is expected to provide jobs for people living in the target areas, re-green vulnerable areas, increase incomes from forest products, and increase Government’s income.”

His Excellency the Minister of State Administration, Tomás do Rosário Cabral said: “We are grateful for the European Investment Bank’s support for waste management projects. Providing adequate and affordable waste services to the entire population is of great concern for the Government. It will improve public health and is much needed for protecting the terrestrial and marine environment. Specifically, better healthcare risk waste management is urgently needed. In this respect, the EIB project proposal provides a modern, efficient, and sustainable solution that should be implemented as soon as possible.”

Background information:

Project Preparation and Implementation Programme (PPIP) is an EU-funded and EIB-managed project designed to assist the Government of Timor-Leste in the identifying, preparing and implementing projects that are technically sound, financially viable, and environmentally and socially responsible, and are ready for investments. The programme has identified potential projects in the three sectors — water, solid waste management and forestry — by conducting prefeasibility studies for six projects and completing three feasibility studies. Investment projects in forestry and solid waste are now ready for the Government of Timor-Leste to request loan from the EIB and EU grant funding, should they choose to move forward with these initiatives.

Steering Committee of the Project Preparation and Implementation Programme is chaired by the Ministry for Planning and Strategic Investments. The committee also includes representatives from several key government entities of Timor-Leste, such as by the Ministry of Foreign Affairs and Cooperation, the Ministry of Finance, the Ministry of State Administration, the Ministry of Public Works, the Ministry of Agriculture, Livestock, Fisheries and Forestry and Bee Timor-Leste public utility company.

The European Union (EU) is a unique economic and political union between 27 European countries that cover much of the continent together. In Timor-Leste, the EU is the second largest donor of development aid (grant funding). The EU is committed to supporting Timor-Leste’s 2011-2030 Strategic Development plan, which aims to transform Timor-Leste into an upper-middle-income country by 2030 based on rapid, inclusive growth enabling it to improve infrastructure, worker skills, education, training and health systems, and combat poverty and malnutrition. The EU assistance focuses on green and sustainable economic recovery and development, rural development, good governance for sustainable development and gender equality.

The European Investment Bank (EIB) is the long-term financing institution of the European Union owned by its Member States. EIB Global is the EIB’s specialised arm devoted to increasing the impact of international partnerships and development finance outside the European Union. EIB Global is a key partner of the EU Global Gateway strategy, and is designed to foster strong, focused partnerships within Team Europe, alongside fellow development finance institutions and civil society. EIB Global brings the EIB closer to local people, companies and institutions through our offices across the world.

Global Gateway is the European Union’s strategy to reduce the worldwide investment gap, boost smart, clean and secure connections in the digital, energy and transport sectors, and strengthen health, education and research systems. The Global Gateway strategy embodies a Team Europe approach that brings together the European Union, EU Member States and European development finance institutions. It aims to mobilise up to €300 billion in public and private investments between 2021 and 2027, creating essential links rather than dependencies, and closing the global investment gap.

EU paves the way for investments in Timor-Leste’s
EU paves the way for investments in Timor-Leste’s water, waste, and forestry sectors, boosting the country’s sustainable development
©EIB
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EU paves the way for investments in Timor-Leste’s
EU paves the way for investments in Timor-Leste’s water, waste, and forestry sectors, boosting the country’s sustainable development
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MIL OSI Europe News –
January 25, 2025

MIL-OSI Europe: Minutes – Wednesday, 23 October 2024 – Strasbourg – Final edition

Source: European Parliament

PV-10-2024-10-23

iPlPv_Sit

Minutes
Wednesday, 23 October 2024 – Strasbourg

IN THE CHAIR: Sabine VERHEYEN
Vice-President

1. Opening of the sitting

The sitting opened at 09:00.

2. Managing migration in an effective and holistic way through fostering returns (debate)

Commission statement: Managing migration in an effective and holistic way through fostering returns (2024/2882(RSP))

Helena Dalli (Member of the Commission) made the statement.

The following spoke: Tomas Tobé, on behalf of the PPE Group, Iratxe García Pérez, on behalf of the S&D Group, Kinga Gál, on behalf of the PfE Group, Nicola Procaccini, on behalf of the ECR Group, Valérie Hayer, on behalf of the Renew Group, Tineke Strik, on behalf of the Verts/ALE Group, Estrella Galán, on behalf of The Left Group, Sarah Knafo, on behalf of the ESN Group, Jeroen Lenaers, Ana Catarina Mendes, who also answered a blue-card question from João Oliveira, Marieke Ehlers, Jadwiga Wiśniewska, Malik Azmani, Diana Riba i Giner, Ilaria Salis, who also declined to take blue-card questions from Susanna Ceccardi and Anna Maria Cisint, Mary Khan, Erik Kaliňák, Lena Düpont, who also answered a blue-card question from András László, Cecilia Strada, Jean-Paul Garraud, Assita Kanko, Fabienne Keller, who also declined to take a blue-card question from Fabrice Leggeri, Erik Marquardt, Konstantinos Arvanitis, Monika Beňová, Dolors Montserrat, Matjaž Nemec, Paolo Borchia, who also answered a blue-card question from Maria Grapini, Charlie Weimers, Abir Al-Sahlani, who also answered a blue-card question from Rihards Kols, Ignazio Roberto Marino, Siegfried Mureşan, Jorge Buxadé Villalba, Elena Yoncheva, Elissavet Vozemberg-Vrionidi, Tom Vandendriessche, Rasa Juknevičienė, Harald Vilimsky, François-Xavier Bellamy, who also answered a blue-card question from Malika Sorel, Paulo Cunha, Bartłomiej Sienkiewicz and Loránt Vincze.

The following spoke under the catch-the-eye procedure: Paulius Saudargas, Juan Fernando López Aguilar, Susanna Ceccardi, Sebastian Tynkkynen, Hilde Vautmans and João Oliveira.

IN THE CHAIR: Sophie WILMÈS
Vice-President

The following spoke under the catch-the-eye procedure: Lukas Sieper, Matej Tonin and Vytenis Povilas Andriukaitis.

The following spoke: Helena Dalli.

The debate closed.

3. Tackling the steel crisis: boosting competitive and sustainable European steel and maintaining quality jobs (debate)

Commission statement: Tackling the steel crisis: boosting competitive and sustainable European steel and maintaining quality jobs (2024/2883(RSP))

Helena Dalli (Member of the Commission) made the statement.

The following spoke: Christian Ehler, on behalf of the PPE Group, Dan Nica, on behalf of the S&D Group, Paolo Borchia, on behalf of the PfE Group, Daniel Obajtek, on behalf of the ECR Group, Christophe Grudler, on behalf of the Renew Group, Terry Reintke, on behalf of the Verts/ALE Group, Martin Schirdewan, on behalf of The Left Group, René Aust, on behalf of the ESN Group, Juan Ignacio Zoido Álvarez, Estelle Ceulemans, Ondřej Knotek, Elena Donazzan, Brigitte van den Berg, Sara Matthieu, Rudi Kennes, Marcin Sypniewski, Adam Jarubas, Jens Geier, Anna Bryłka, Anna Zalewska, Marie-Pierre Vedrenne, Dennis Radtke, Raphaël Glucksmann, Tom Berendsen, Giorgio Gori, Letizia Moratti, Elena Sancho Murillo, Radan Kanev, Eero Heinäluoma, Johan Danielsson and Idoia Mendia, who also answered a blue-card question from Bogdan Rzońca.

The following spoke under the catch-the-eye procedure: Susana Solís Pérez, Jadwiga Wiśniewska, Michał Kobosko, Branislav Ondruš, Massimiliano Salini, Michele Picaro, Kateřina Konečná, Manuela Ripa, Sebastian Tynkkynen, Seán Kelly, Ondřej Krutílek, Diego Solier and Mirosława Nykiel.

The following spoke: Helena Dalli.

The debate closed.

(The sitting was suspended at 11:57.)

IN THE CHAIR: Roberta METSOLA
President

4. Resumption of the sitting

The sitting resumed at 12:03.

5. Statement by the President

The President made a statement to mark the 68th anniversary of the Hungarian Uprising of 1956. She paid tribute to the victims and to those who had suffered under Soviet oppression.

⁂

The following spoke: Ondřej Knotek and Peter Liese (the President made some clarifications).

6. Voting time

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

6.1. Deforestation Regulation: provisions relating to the date of application ***I (vote)

Proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2023/1115 as regards provisions relating to the date of application [COM(2024)0452 – C10-0119/2024 – 2024/0249(COD)] – ENVI Committee

REQUEST FOR AN URGENT DECISION from the ENVI Committee (Rule 170(6))

Parliament approved the request for urgent procedure.

The following tabling deadlines had been set:
– amendments: Wednesday 6 November 2024 at 13:00
– requests for separate votes and split votes: Thursday 12 November 2024 at 16:00.

Vote: at a later part-session.

6.2. Draft general budget of the European Union for the financial year 2025 – all sections (vote)

(Majority of Parliament’s component Members required)

DRAFT AMENDMENTS

(The draft amendments adopted would appear as an annex to the Texts Adopted)

The following had spoken:

After the vote, Péter Benő Banai (President-in-Office of the Council) had noted the differences between the positions of Parliament and of the Council and had agreed to the President’s convening of the Conciliation Committee in accordance with Article 314(4)(c) of the Treaty on the Functioning of the European Union.

(‘Results of votes’, item 1)

6.3. General budget of the European Union for the financial year 2025 – all sections (vote)

Report on the Council position on the draft general budget of the European Union for the financial year 2025 [12084/2024 – C10-0099/2024 – 2024/0176(BUD)] – Committee on Budgets. Rapporteurs: Victor Negrescu and Niclas Herbst (A10-0008/2024)

(Majority of the votes cast)

MOTION FOR A RESOLUTION

Rejected

The following had spoken:

Before the vote, Victor Negrescu (rapporteur) on the basis of Rule 189(4).

Leila Chaibi, to move an oral amendment to paragraph 68. Parliament had not agreed to put the oral amendment to the vote as more than 39 Members had opposed it.

(‘Results of votes’, item 2)

6.4. Guidelines for the employment policies of the Member States * (vote)

Report on the proposal for a Council decision on guidelines for the employment policies of the Member States [COM(2024)0599 – C10-0084/2024 – 2024/0599(NLE)] – Committee on Employment and Social Affairs. Rapporteur: Li Andersson (A10-0004/2024)

(Majority of the votes cast)

COMMISSION PROPOSAL

Approved as amended (P10_TA(2024)0027)

(‘Results of votes’, item 3)

6.5. Urgent need to revise the Medical Devices Regulation (vote)

Motions for resolutions RC-B9-0123/2024/REV1, B10-0121/2024, B10-0122/2024, B10-0123/2024, B10-0124/2024, B10-0125/2024, B10-0126/2024, B10-0127/2024 and B10-0128/2024 (minutes of 23.10.2023, item I) (2024/2849(RSP))

The debate had taken place on 9 October 2024 (minutes of 9.10.2024, item 15).

(Majority of the votes cast)

JOINT MOTION FOR A RESOLUTION

Adopted (P10_TA(2024)0028)

(Motions for resolutions B10-0121/2024, B10-0122/2024 and B10-0127/2024 fell.)

(‘Results of votes’, item 4)

(The sitting was suspended at 12:53.)

IN THE CHAIR: Roberts ZĪLE
Vice-President

7. Resumption of the sitting

The sitting resumed at 12:56.

8. Approval of the minutes of the previous sitting

The minutes of the previous sitting were approved.

9. Continued war crimes committed by the Russian Federation, notably killing Ukrainian prisoners of war (debate)

Commission statement: Continued war crimes committed by the Russian Federation, notably killing Ukrainian prisoners of war (2024/2897(RSP))

Didier Reynders (Member of the Commission) made the statement.

The following spoke: Sandra Kalniete, on behalf of the PPE Group, Chloé Ridel, on behalf of the S&D Group, Tomasz Buczek, on behalf of the PfE Group, Adam Bielan, on behalf of the ECR Group, Petras Auštrevičius, on behalf of the Renew Group, and Sergey Lagodinsky, on behalf of the Verts/ALE Group.

The following spoke: Didier Reynders.

The following spoke: Lukas Sieper on the allocation of speaking time in the debate (the President made some clarifications).

The debate closed.

10. U-turn on EU bureaucracy: the need to axe unnecessary burdens and reporting to unleash competitiveness and innovation (topical debate)

The following spoke: Jörgen Warborn to open the debate proposed by the PPE Group.

The following spoke: Helena Dalli (Member of the Commission).

The following spoke: Markus Ferber, on behalf of the PPE Group, René Repasi, on behalf of the S&D Group, Klara Dostalova, on behalf of the PfE Group, Antonella Sberna, on behalf of the ECR Group, Stéphanie Yon-Courtin, on behalf of the Renew Group, Jutta Paulus, on behalf of the Verts/ALE Group, Jussi Saramo, on behalf of The Left Group, Milan Uhrík, on behalf of the ESN Group, Tom Berendsen, Lara Wolters, Vilis Krištopans, Kosma Złotowski, Svenja Hahn, Kim Van Sparrentak, Stanislav Stoyanov, Branislav Ondruš, Christine Schneider, Lina Gálvez, Ondřej Knotek, Stephen Nikola Bartulica, João Cotrim De Figueiredo, Marie Toussaint, Anja Arndt and Katarína Roth Neveďalová.

IN THE CHAIR: Younous OMARJEE
Vice-President

The following spoke: Lídia Pereira, Nikos Papandreou, Raffaele Stancanelli, Stefano Cavedagna, Katri Kulmuni, Mirosława Nykiel, Tiemo Wölken, Julie Rechagneux, Ľudovít Ódor, Aura Salla, Jorge Martín Frías, Angelika Niebler, Susanna Ceccardi, Isabella Tovaglieri and Barbara Bonte.

The following spoke: Helena Dalli.

The debate closed.

11. Presentation of the Court of Auditors’ annual report 2023 (debate)

Presentation of the Court of Auditors’ annual report 2023 (2024/2784(RSP))

Tony Murphy (President of the Court of Auditors) made the presentation.

The following spoke: Helena Dalli (Member of the Commission).

The following spoke: Tomáš Zdechovský, on behalf of the PPE Group, José Cepeda, on behalf of the S&D Group, Csaba Dömötör, on behalf of the PfE Group, Dick Erixon, on behalf of the ECR Group, Olivier Chastel, on behalf of the Renew Group, Daniel Freund, on behalf of the Verts/ALE Group, Jonas Sjöstedt, on behalf of The Left Group, Niclas Herbst, Giuseppe Lupo, Virginie Joron, Marco Squarta, Joachim Streit, Giuseppe Antoci, Monika Hohlmeier, Eero Heinäluoma, Julien Sanchez, Bogdan Rzońca, Ciaran Mullooly, Jacek Protas, Fernand Kartheiser, Caterina Chinnici and Dirk Gotink.

The following spoke under the catch-the-eye procedure: Sebastian Tynkkynen and Grzegorz Braun.

The following spoke: Helena Dalli and Tony Murphy.

The debate closed.

12. Findings of the Committee on the Elimination of Discrimination against Women on Poland’s abortion law (debate)

Commission statement: Findings of the Committee on the Elimination of Discrimination against Women on Poland’s abortion law (2024/2867(RSP))

Helena Dalli (Member of the Commission) made the statement.

The following spoke: Ewa Kopacz, on behalf of the PPE Group, Joanna Scheuring-Wielgus, on behalf of the S&D Group, Anna Bryłka, non-attached Member, Marlena Maląg, on behalf of the ECR Group, Abir Al-Sahlani, on behalf of the Renew Group, Alice Kuhnke, on behalf of the Verts/ALE Group, Manon Aubry, on behalf of The Left Group, Ewa Zajączkowska-Hernik, on behalf of the ESN Group (the President reminded the House of the rules on conduct), Arba Kokalari, Ana Catarina Mendes, Margarita de la Pisa Carrión, who also answered blue-card questions from Bruno Gonçalves, Raquel García Hermida-Van Der Walle and Irene Montero, Małgorzata Gosiewska, who also declined to take a blue-card question from Abir Al-Sahlani, Michał Kobosko, Mélissa Camara, Irene Montero, who also answered a blue-card question from Alvise Pérez, and Tomasz Froelich.

IN THE CHAIR: Christel SCHALDEMOSE
Vice-President

The following spoke: Grzegorz Braun, Elżbieta Katarzyna Łukacijewska, Heléne Fritzon, Laurence Trochu, who also answered a blue-card question from Manon Aubry, Raquel García Hermida-Van Der Walle, who also answered a blue-card question from Margarita de la Pisa Carrión, Benedetta Scuderi, Hanna Gedin, Maria Walsh, Krzysztof Śmiszek, Paolo Inselvini, who also answered a blue-card question from Hilde Vautmans, Lucia Yar, who also answered a blue-card question from Robert Biedroń, Mirosława Nykiel, Lina Gálvez, Birgit Sippel, Elisabeth Grossmann, Evin Incir, who also answered a blue-card question from Margarita de la Pisa Carrión, and Alessandra Moretti.

The following spoke under the catch-the-eye procedure: Łukasz Kohut, Juan Fernando López Aguilar, Emma Fourreau, Lukas Sieper, Magdalena Adamowicz, Bruno Gonçalves and João Oliveira.

The following spoke: Helena Dalli.

The debate closed.

13. Seven years from the assassination of Daphne Caruana Galizia: lack of progress in restoring the rule of law in Malta (debate)

Commission statement: Seven years from the assassination of Daphne Caruana Galizia: lack of progress in restoring the rule of law in Malta (2024/2868(RSP))

Didier Reynders (Member of the Commission) made the statement.

The following spoke: David Casa, on behalf of the PPE Group, Alex Agius Saliba, on behalf of the S&D Group, Fabrice Leggeri, on behalf of the PfE Group, Alessandro Ciriani, on behalf of the ECR Group, Moritz Körner, on behalf of the Renew Group, Daniel Freund, on behalf of the Verts/ALE Group, Konstantinos Arvanitis, on behalf of The Left Group, Ana Miguel Pedro, Juan Fernando López Aguilar, Sophie Wilmès, Gaetano Pedulla’, Judita Laššáková, Peter Agius, Daniel Attard, Veronika Cifrová Ostrihoňová, Isabel Wiseler-Lima, who also answered a blue-card question from Alex Agius Saliba, Evin Incir, Sunčana Glavak and Thomas Bajada.

The following spoke under the catch-the-eye procedure: Sandro Ruotolo, Katarína Roth Neveďalová and Lukas Sieper.

The following spoke: Didier Reynders.

IN THE CHAIR: Martin HOJSÍK
Vice-President

The debate closed.

14. The important role of cities and regions in the EU – for a green, social and prosperous local development (debate)

Commission statement: The important role of cities and regions in the EU – for a green, social and prosperous local development (2024/2869(RSP))

Didier Reynders (Member of the Commission) made the statement.

The following spoke: Andrey Novakov, on behalf of the PPE Group, Mohammed Chahim, on behalf of the S&D Group, Rody Tolassy, on behalf of the PfE Group, Denis Nesci, on behalf of the ECR Group, Ľubica Karvašová, on behalf of the Renew Group, Gordan Bosanac, on behalf of the Verts/ALE Group, Valentina Palmisano, on behalf of The Left Group, Arno Bausemer, on behalf of the ESN Group, Elena Nevado del Campo, Jean-Marc Germain, Jorge Buxadé Villalba, Şerban-Dimitrie Sturdza, Ciaran Mullooly, Vladimir Prebilič, Younous Omarjee, who also answered a blue-card question from Ana Miranda Paz, Nora Junco García, Krzysztof Hetman, Marcos Ros Sempere, Anne-Sophie Frigout, Waldemar Buda, Raquel García Hermida-Van Der Walle, Ana Miranda Paz, Elena Kountoura, Isabelle Le Callennec, Nora Mebarek, Raffaele Stancanelli, Ruggero Razza, Oihane Agirregoitia Martínez, Mārtiņš Staķis, Gabriella Gerzsenyi, Carla Tavares, Mireia Borrás Pabón, Barry Cowen, Fredis Beleris, René Repasi, Nikolina Brnjac, Javi López, Marco Falcone, Camilla Laureti, Antonio Decaro, Rosa Serrano Sierra, Dario Nardella, Sabrina Repp, Raffaele Topo, Marko Vešligaj, Aodhán Ó Ríordáin, Stefano Bonaccini, Sakis Arnaoutoglou, Sofie Eriksson and Alex Agius Saliba.

The following spoke under the catch-the-eye procedure: Nina Carberry, Maria Grapini, Sebastian Tynkkynen, Niels Geuking, Juan Fernando López Aguilar and Maravillas Abadía Jover.

The following spoke: Didier Reynders.

The debate closed.

15. Foreign interference and hybrid attacks: the need to strengthen EU resilience and internal security (debate)

Commission statement: Foreign interference and hybrid attacks: the need to strengthen EU resilience and internal security (2024/2884(RSP))

Didier Reynders (Member of the Commission) made the statement.

The following spoke: Lena Düpont, on behalf of the PPE Group, Hannes Heide, on behalf of the S&D Group, András László, on behalf of the PfE Group, Beata Szydło, on behalf of the ECR Group, Helmut Brandstätter, on behalf of the Renew Group, Alexandra Geese, on behalf of the Verts/ALE Group, Petar Volgin, on behalf of the ESN Group, and Mirosława Nykiel.

IN THE CHAIR: Antonella SBERNA
Vice-President

The following spoke: Tobias Cremer, who also answered a blue-card question from Reinier Van Lanschot, Aleksandar Nikolic, Rihards Kols, Reinier Van Lanschot, Kateřina Konečná, Ana Miguel Pedro, Brando Benifei, Nikola Bartůšek, Geadis Geadi, Javier Zarzalejos, Mathilde Androuët, Ivaylo Valchev, Pekka Toveri, Aurelijus Veryga, Salvatore De Meo and Patryk Jaki.

The following spoke under the catch-the-eye procedure: Michał Szczerba, Juan Fernando López Aguilar, Majdouline Sbai, András Tivadar Kulja, Vytenis Povilas Andriukaitis and Magdalena Adamowicz.

The following spoke: Didier Reynders.

The debate closed.

16. Proposals for Union acts

The President announced that the President of Parliament had declared the following proposals for Union acts to be admissible under Rule 47(2):

– Proposal for a Union act tabled by Jorge Buxadé Villalba, Juan Carlos Girauta Vidal, Mireia Borrás Pabón, Jorge Martín Frías, Margarita de la Pisa Carrión, Hermann Tertsch, on classifying the activity of military personnel, police officers, prison officers and private security guards as dangerous professions in the Union (B10-0018/2024)

committee responsible: EMPL

– Proposal for a Union act tabled by Jorge Buxadé Villalba, Hermann Tertsch, Juan Carlos Girauta Vidal, Mireia Borrás Pabón, Margarita de la Pisa Carrión, Jorge Martín Frías, on the need to protect families, businesses and self-employed persons from the rise in fuel prices in Europe (B10-0077/2024)

committee responsible: ECON
committee asked for opinion: ITRE

committee responsible: ECON
committee asked for opinion: EMPL

17. EU actions against the Russian shadow fleets and ensuring a full enforcement of sanctions against Russia (debate)

Commission statement: EU actions against the Russian shadow fleets and ensuring a full enforcement of sanctions against Russia (2024/2885(RSP))

Didier Reynders (Member of the Commission) made the statement.

The following spoke: Sandra Kalniete, on behalf of the PPE Group, Thijs Reuten, on behalf of the S&D Group, András László, on behalf of the PfE Group, Reinis Pozņaks, on behalf of the ECR Group, Gerben-Jan Gerbrandy, on behalf of the Renew Group, Isabella Lövin, on behalf of the Verts/ALE Group, Jonas Sjöstedt, on behalf of The Left Group, Zsuzsanna Borvendég, on behalf of the ESN Group, Francisco José Millán Mon, Heléne Fritzon, Veronika Vrecionová, Karin Karlsbro, Ville Niinistö, Li Andersson, Pekka Toveri, Sérgio Gonçalves, Arkadiusz Mularczyk, Ivars Ijabs, Per Clausen, Mika Aaltola, Emma Wiesner, Ondřej Kolář, Lukas Mandl and Tom Berendsen.

The following spoke under the catch-the-eye procedure: Vytenis Povilas Andriukaitis.

The following spoke: Didier Reynders.

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

The debate closed.

Vote: next part-session.

18. Need to strengthen rail travel and the railway sector in Europe (debate)

Commission statement: Need to strengthen rail travel and the railway sector in Europe (2024/2896(RSP))

Didier Reynders (Member of the Commission) made the statement.

IN THE CHAIR: Javi LÓPEZ
Vice-President

The following spoke: Dariusz Joński, on behalf of the PPE Group, François Kalfon, on behalf of the S&D Group, Margarita de la Pisa Carrión, on behalf of the PfE Group, Marlena Maląg, on behalf of the ECR Group, Cynthia Ní Mhurchú, on behalf of the Renew Group, Kai Tegethoff, on behalf of the Verts/ALE Group, Elena Kountoura, on behalf of The Left Group, Arno Bausemer, on behalf of the ESN Group, Sophia Kircher, Vivien Costanzo, Jana Nagyová, Adrian-George Axinia, Ana Vasconcelos, who also answered a blue-card question from João Oliveira, Tilly Metz, Arash Saeidi, Luis-Vicențiu Lazarus, Nikolina Brnjac, Ondřej Krutílek, Pär Holmgren, Sebastian Everding, Kostas Papadakis and Krzysztof Hetman.

The following spoke under the catch-the-eye procedure: Marta Wcisło, Vytenis Povilas Andriukaitis, Ana Miranda Paz, João Oliveira, Elżbieta Katarzyna Łukacijewska, Per Clausen, Carmen Crespo Díaz and Magdalena Adamowicz.

The following spoke: Didier Reynders.

The debate closed.

19. Explanations of vote

Written explanations of vote

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

20. Agenda of the next sitting

The next sitting would be held the following day, 24 October 2024, starting at 09:00. The agenda was available on Parliament’s website.

21. Approval of the minutes of the sitting

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

22. Closure of the sitting

The sitting closed at 21:57.

LIST OF DOCUMENTS SERVING AS A BASIS FOR THE DEBATES AND DECISIONS OF PARLIAMENT

I. Motions for resolutions tabled

Urgent need to revise the Medical Devices Regulation

Motions for resolutions tabled under Rule 136(2) to wind up the debate:

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0121/2024)
Catarina Martins
on behalf of The Left Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0122/2024)
Christine Anderson
on behalf of the ESN Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0123/2024)
Tiemo Wölken
on behalf of the S&D Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0124/2024)
Andreas Glück
on behalf of the Renew Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0125/2024)
Peter Liese
on behalf of the PPE Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0126/2024)
Ignazio Roberto Marino
on behalf of the Verts/ALE Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0127/2024)
Ondřej Knotek, Viktória Ferenc
on behalf of the PfE Group

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (B10-0128/2024)
Ruggero Razza, Pietro Fiocchi, Michele Picaro, Laurence Trochu, Aurelijus Veryga
on behalf of the ECR Group

Joint motion for a resolution tabled under Rule 136(2) and (4):

on the urgent need to revise the Medical Devices Regulation (2024/2849(RSP)) (RC-B10-0123/2024/REV1) (replacing motions for resolutions B10-0123/2024, B10-0124/2024, B10-0125/2024, B10-0126/2024 and B10-0128/2024):

Peter Liese
on behalf of the PPE Group
Tiemo Wölken
on behalf of the S&D Group
Ondřej Knotek
on behalf of the PfE Group
Ruggero Razza
on behalf of the ECR Group
Andreas Glück
on behalf of the Renew Group
Ignazio Roberto Marino
on behalf of the Verts/ALE Group

II. Delegated acts (Rule 114(2))

Draft delegated acts forwarded to Parliament

– Commission Delegated Regulation supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards on information to be exchanged between competent authorities (C(2024)06766 – 2024/2875(DEA))

Deadline for raising objections: 3 months from the date of receipt of 10 October 2024

referred to committee responsible: ECON

– Commission Delegated Regulation amending Delegated Regulation (EU) 2020/688 as regards certain animal health requirements for movements within the Union of terrestrial animals (C(2024)06985 – 2024/2870(DEA))

Deadline for raising objections: 2 months from the date of receipt of 9 October 2024

referred to committee responsible: AGRI

– Commission Delegated Regulation amending Regulation (EU) No 649/2012 of the European Parliament and of the Council as regards the listing of pesticides and industrial chemicals (C(2024)07071 – 2024/2880(DEA))

Deadline for raising objections: 2 months from the date of receipt of 15 October 2024

referred to committee responsible: ENVI

– Commission Delegated Regulation amending Regulation (EU) 2019/1241 as regards short-necked clam and red seabream (C(2024)07102 – 2024/2876(DEA))

Deadline for raising objections: 2 months from the date of receipt of 11 October 2024

referred to committee responsible: PECH

– Commission Delegated Regulation amending Regulation (EC) No 1013/2006 as regards changes on shipments of electrical and electronic waste agreed under the Basel Convention (C(2024)07198 – 2024/2900(DEA))

Deadline for raising objections: 2 months from the date of receipt of 18 October 2024

referred to committee responsible: ENVI

– Commission Delegated Regulation amending Regulation (EU) 2024/1157 as regards changes on shipments of electrical and electronic waste agreed under the Basel Convention (C(2024)07199 – 2024/2899(DEA))

Deadline for raising objections: 2 months from the date of receipt of 18 October 2024

referred to committee responsible: ENVI

– Commission Delegated Regulation amending Regulation (EU) 2015/757 of the European Parliament and of the Council as regards the rules for the monitoring of greenhouse gas emissions from offshore ships and the zero-rating of sustainable fuels (C(2024)07210 – 2024/2894(DEA))

Deadline for raising objections: 2 months from the date of receipt of 16 October 2024

referred to committee responsible: ENVI

III. Implementing measures (Rule 115)

Draft implementing measures falling under the regulatory procedure with scrutiny forwarded to Parliament

– Commission Regulation amending Annex II to Regulation (EC) No 396/2005 of the European Parliament and of the Council as regards maximum residue levels for fenbuconazole and penconazole in or on certain products (D096823/04 – 2024/2898(RPS) – deadline: 18 December 2024)
referred to committee responsible: ENVI

– Commission Regulation amending Annex I to Regulation (EC) No 1334/2008 of the European Parliament and of the Council as regards the removal of the flavouring substance 4-Methyl-2-phenylpent-2-enal (FL No 05.100) from the Union list (D099950/02 – 2024/2873(RPS) – deadline: 11 January 2025)
referred to committee responsible: ENVI

– Commission Regulation amending Annex I to Regulation (EC) No 1334/2008 of the European Parliament and of the Council as regards the inclusion of (E)‐3‐benzo[1,3]dioxol‐5‐yl‐N,N‐diphenyl‐2‐propenamide in the Union list of flavourings (D099953/02 – 2024/2874(RPS) – deadline: 11 December 2024)
referred to committee responsible: ENVI

– Commission Regulation amending Regulations (EC) No 2150/2002 and (EC) No 1552/2005 of the European Parliament and of the Council, as well as Commission Regulations (EC) No 1726/1999, (EC) No 1916/2000, (EC) No 198/2006, (EC) No 1062/2008 and (EU) No 349/2011, as regards references to the statistical classification of economic activities NACE Revision 2 established by Regulation (EC) No 1893/2006 of the European Parliament and of the Council (D100325/01 – 2024/2901(RPS) – deadline: 21 January 2025)
referred to committees responsible: EMPL, ENVI

IV. Documents received

The following documents had been received:

– Proposal for transfer of appropriations DEC 12/2024 – Section III – Commission (N10-0019/2024 – C10-0122/2024 – 2024/2059(GBD))
referred to committee responsible: BUDG

– Proposal for transfer of appropriations DEC 13/2024 – Section III – Commission (N10-0021/2024 – C10-0135/2024 – 2024/2060(GBD))
referred to committee responsible: BUDG

V. Transfers of appropriations and budgetary decisions

In accordance with Article 29 of the Financial Regulation, the Committee on Budgets had decided to approve transfer of appropriations INF 5/2024 – Section VI – European Economic and Social Committee.

In accordance with Article 29 of the Financial Regulation, the Committee on Budgets had decided to approve transfer of appropriations INF 3/2024 – Section VII – Committee of the Regions.

In accordance with Article 29 of the Financial Regulation, the Committee on Budgets had decided to approve transfer of appropriations No 1/2024 – Section VIII – European Ombudsman.

In accordance with Article 31(3) of the Financial Regulation, the Committee on Budgets had decided to approve Commission transfers of appropriations DEC 09/2024 and DEC 10/2024 – Section III – Commission.

In accordance with Article 31(6) of the Financial Regulation, the Council of the European Union had decided to approve Commission transfers of appropriations DEC 09/2024 and DEC 10/2024 – Section III – Commission.

ATTENDANCE REGISTER

Present:

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

Excused:

Gómez López Sandra, Homs Ginel Alicia, Lalucq Aurore

MIL OSI Europe News –

January 25, 2025

MIL-OSI Asia-Pac: Ministry of Agriculture and Farmers’ Welfare and International Rice Research Institute to organize 13th National Seed Congress from 28-30 November, 2024 at Varanasi in Uttar Pradesh

Source: Government of India

Ministry of Agriculture and Farmers’ Welfare and International Rice Research Institute to organize 13th National Seed Congress from 28-30 November, 2024 at Varanasi in Uttar Pradesh

Event is being organized in collaboration with the International Rice Research Institute of South Asia Regional Centre and the National Seed Research and Training Center

The 3-day event aims to bring together policymakers, farmers, and representatives from the private and public sectors to build a roadmap for a vibrant and equitable seed sector in India

“Fostering Regional Cooperation, Partnership, and Knowledge Exchange in the Seed Sector” will be the theme of NSC 2024

Posted On: 24 OCT 2024 11:52AM by PIB Delhi

The Ministry of Agriculture & Farmers’ Welfare, Government of India will be hosting the 13th edition of the National Seed Congress (NSC), scheduled to take place in Varanasi, Uttar Pradesh, from November 28-30, 2024. The event is being organized in collaboration with the International Rice Research Institute (IRRI) South Asia Regional Centre (ISARC) and the National Seed Research and Training Center (NSRTC). The National Seed Congress will bring together stakeholders from across the seed value chain, offering a platform to explore transformative solutions and tackle the pressing challenges faced by the sector today.

Underlining the role of NSC, Smt. Shubha Thakur, Additional Secretary, Department of Agriculture and Farmers’ Welfare stated that, “To boost farmers’ income and ensure food and nutrition security for billions, access to high-quality, climate-resilient, and nutritious seeds, along with improved cultivars, is more crucial than ever. NSC 2024 will serve as a platform to collaborate on addressing these challenges, empowering farmers, and ensuring that India’s agriculture remains strong and sustainable. This event will catalyze innovative solutions and promote partnerships that drive seed sector growth.”

“This event comes at a crucial time, as agriculture is facing evolving market demands and a need for more inclusive and sustainable seed systems. The convergence of experts and stakeholders from across the seed value chain in diverse agro-ecologies will allow us to generate impactful solutions to these complex issues”, remarked Dr. Yvonne Pinto, Director General, IRRI.

Dr. Sudhanshu Singh, Director of IRRI’s South Asia Regional Centre (ISARC) will be convening this year’s event. Since its inauguration by Prime Minister Shri Narendra Modi in 2018, ISARC in Varanasi has been instrumental in advancing IRRI’s efforts to strengthen India’s seed systems, through innovative research, capacity building, and impactful partnerships over the years. Along with development of successful climate-resilient rice varieties such as Sahbhagi Dhan and Swarna-Sub 1, and nutritionally enhanced varieties and value-added products, the institution has also facilitated cross-border seed exchange, expediting varietal release and accelerated adoption through policies like ‘Seeds Without Borders’. Additionally, IRRI’s genomic tools, digital platforms, and robust seed systems ensure faster varietal development and structured dissemination.

Shri Manoj Kumar, Director of the National Seed Research and Training Centre (NSRTC) and co-convener of the event emphasized NSRTC’s critical role in improving seed quality and training across the country. He highlighted NSRTC’s involvement in the event, stating, “National Seed Congress is a crucial forum for knowledge exchange and capacity building. NSRTC is dedicated to improving seed quality control and facilitating the transfer of modern technologies to the industry. Through our participation in NSC 2024, we aim to strengthen the seed quality testing network and ensure that high-quality seeds are accessible to farmers across the country.”

NSC is an annual gathering of researchers, policymakers, farmers, and representatives from the private and public sectors to build a roadmap for a vibrant and equitable seed sector in India. With the theme, “Fostering Regional Cooperation, Partnership, and Knowledge Exchange in the Seed Sector,” NSC 2024 will provide a platform for presenting experiences and insights on the research advances, innovations, and principles related to seed, crop improvement, and seed delivery systems.

NSC 2024 aims to catalyze scientific progress by facilitating the exchange of ideas and interdisciplinary research. It will address pressing global challenges in the seed sector and offer insights and solutions that can influence policy changes, technological innovations, and sustainable development.

NSC 2024 will focus on building sustainable, equitable, and resilient seed systems by addressing a diverse range of topics, including-Breeding and Seed Systems for Climate Resilience, Advancements in Seed Quality and Technology, Digital Solutions for Breeding, Seed Systems, and Market Insights, Strengthening Public-Private Partnerships in Seed Sector, Inclusive Seed Systems for Livelihood Improvement, Innovative Approaches for Seed Delivery and Scaling, and Nutritional Security through Strategic Seed Initiatives.

Interested stakeholders can visit the website for more information and register using the link: https://13thnscindia2024.com/index.html

All queries may be routed to:

Organising Secretary, NSC: Dr Swati Nayak, IRRI (Borlaug Field Award Recipient 2023) at info-nsc2024[at]irri[dot]org

*****

SS

(Release ID: 2067586) Visitor Counter : 166

MIL OSI Asia Pacific News –

January 25, 2025
MIL-OSI Asia-Pac: International Rice Research Institute to organize 13th National Seed Congress from 28-30 November, 2024 at Varanasi in Uttar Pradesh

Source: Government of India (2)

International Rice Research Institute to organize 13th National Seed Congress from 28-30 November, 2024 at Varanasi in Uttar Pradesh

The 3-day event aims to bring together policymakers, farmers, and representatives from the private and public sectors to build a roadmap for a vibrant and equitable seed sector in India

“Fostering Regional Cooperation, Partnership, and Knowledge Exchange in the Seed Sector” will be the theme of NSC 2024

Posted On: 24 OCT 2024 11:52AM by PIB Delhi

The Ministry of Agriculture & Farmers’ Welfare, Government of India will be hosting the 13th edition of the National Seed Congress (NSC), scheduled to take place in Varanasi, Uttar Pradesh, from November 28-30, 2024. The event is being organized in collaboration with the International Rice Research Institute (IRRI) South Asia Regional Centre (ISARC) and the National Seed Research and Training Center (NSRTC). The National Seed Congress will bring together stakeholders from across the seed value chain, offering a platform to explore transformative solutions and tackle the pressing challenges faced by the sector today.

Underlining the role of NSC, Smt. Shubha Thakur, Additional Secretary, Department of Agriculture and Farmers’ Welfare stated that, “To boost farmers’ income and ensure food and nutrition security for billions, access to high-quality, climate-resilient, and nutritious seeds, along with improved cultivars, is more crucial than ever. NSC 2024 will serve as a platform to collaborate on addressing these challenges, empowering farmers, and ensuring that India’s agriculture remains strong and sustainable. This event will catalyze innovative solutions and promote partnerships that drive seed sector growth.”

“This event comes at a crucial time, as agriculture is facing evolving market demands and a need for more inclusive and sustainable seed systems. The convergence of experts and stakeholders from across the seed value chain in diverse agro-ecologies will allow us to generate impactful solutions to these complex issues”, remarked Dr. Yvonne Pinto, Director General, IRRI.

Dr. Sudhanshu Singh, Director of IRRI’s South Asia Regional Centre (ISARC) will be convening this year’s event. Since its inauguration by Prime Minister Shri Narendra Modi in 2018, ISARC in Varanasi has been instrumental in advancing IRRI’s efforts to strengthen India’s seed systems, through innovative research, capacity building, and impactful partnerships over the years. Along with development of successful climate-resilient rice varieties such as Sahbhagi Dhan and Swarna-Sub 1, and nutritionally enhanced varieties and value-added products, the institution has also facilitated cross-border seed exchange, expediting varietal release and accelerated adoption through policies like ‘Seeds Without Borders’. Additionally, IRRI’s genomic tools, digital platforms, and robust seed systems ensure faster varietal development and structured dissemination.

Shri Manoj Kumar, Director of the National Seed Research and Training Centre (NSRTC) and co-convener of the event emphasized NSRTC’s critical role in improving seed quality and training across the country. He highlighted NSRTC’s involvement in the event, stating, “National Seed Congress is a crucial forum for knowledge exchange and capacity building. NSRTC is dedicated to improving seed quality control and facilitating the transfer of modern technologies to the industry. Through our participation in NSC 2024, we aim to strengthen the seed quality testing network and ensure that high-quality seeds are accessible to farmers across the country.”

NSC is an annual gathering of researchers, policymakers, farmers, and representatives from the private and public sectors to build a roadmap for a vibrant and equitable seed sector in India. With the theme, “Fostering Regional Cooperation, Partnership, and Knowledge Exchange in the Seed Sector,” NSC 2024 will provide a platform for presenting experiences and insights on the research advances, innovations, and principles related to seed, crop improvement, and seed delivery systems.

NSC 2024 aims to catalyze scientific progress by facilitating the exchange of ideas and interdisciplinary research. It will address pressing global challenges in the seed sector and offer insights and solutions that can influence policy changes, technological innovations, and sustainable development.

NSC 2024 will focus on building sustainable, equitable, and resilient seed systems by addressing a diverse range of topics, including-Breeding and Seed Systems for Climate Resilience, Advancements in Seed Quality and Technology, Digital Solutions for Breeding, Seed Systems, and Market Insights, Strengthening Public-Private Partnerships in Seed Sector, Inclusive Seed Systems for Livelihood Improvement, Innovative Approaches for Seed Delivery and Scaling, and Nutritional Security through Strategic Seed Initiatives.

Interested stakeholders can visit the website for more information and register using the link: https://13thnscindia2024.com/index.html

All queries may be routed to:

Organising Secretary, NSC: Dr Swati Nayak, IRRI (Borlaug Field Award Recipient 2023) at info-nsc2024[at]irri[dot]org

*****

SS

(Release ID: 2067586) Visitor Counter : 65

MIL OSI Asia Pacific News –

January 25, 2025
MIL-OSI USA: Deputy Administrator Coleman at the Partnership for Global Infrastructure and Investment (PGI) Session

Source: USAID

DEPUTY ADMINISTRATOR ISOBEL COLEMAN: First, I want to thank the Italian Presidency for its strong focus on the Partnership for Global Infrastructure and Investment over the past year.

I want to commend our collective efforts to make PGI an initiative built to last. The standing Secretariat sets PGI up for longevity and success, and we expect that PGI will remain an on-going G7 priority across multiple presidencies. The United States has marshaled multiple agencies, including USAID, the Department of State, the U.S. International Development Finance Corporation (DFC), the U.S. Export-Import Bank, from across the U.S. government to support our contributions.

Over the last four years, we’ve witnessed significant progress. Notably, the U.S. announced our support for three important economic corridors, Lobito in Southern Africa, Luzon in the Philippines, and the Trans-Caspian in Central Asia, which have received tremendous support from our G7 partners. The European Union and Italy have signed an MoU to cooperate on developing the Lobito Corridor; we are cooperating with the EU in Central Asia on the Trans-Caspian Corridor; and we are working closely with Japan on the Luzon Corridor.

But even as we celebrate this progress, we acknowledge that there is much left to be done. The gap for infrastructure financing continues to grow; our partners in Africa and the Indo-Pacific face unsustainable debt levels; and threats like climate change, global conflict, and market instability create additional challenges to navigate.

So, we are doubling down on our efforts. Just this year, the United States approved a loan of over $550 million from the Development Finance Corporation to support the rehabilitation of the Lobito Atlantic Railroad, building on our support earlier in 2022 to help put together the private sector consortium responsible for operating the railroad. USAID is also providing support to the Angolan Ministry of Transportation to create a full-time public-private partnership unit dedicated to helping the government partner more deeply with the private sector for infrastructure development.

This is the comparative advantage of the PGI approach: by creating sustainable sources of financing, ones that ideally do not add to a country’s debt burden, and prioritizing supporting investments in agriculture, digital services, health, and other critical sectors, PGI is creating the conditions for the long-term success of these infrastructure investments.

When I travel abroad – and I’m sure it’s the same when you all travel abroad – the number one request we receive from our partners is more support for trade, investment, and infrastructure. So, through PGI, we’re putting those local voices in the lead, and meeting a priority demand.

When President Biden travels to Angola in December, the first sitting U.S. president to visit that country, the Lobito Corridor will be a focus of his historic visit. PGI is the framework through which we can collectively coordinate our investments in such strategic initiatives as these economic corridors to harness maximal benefit: for developing clean energy; expanding access to digital finance; supporting female smallholder farmers as engines of local growth; and providing the communities in the region with a full range of opportunities to benefit from the investments. Through PGI, the U.S. and G7 are not just trying to get the job done, but we’re committed to getting the job done right, with openness and transparency, in partnership with local communities, and with an eye toward building sustainable progress.

The U.S. is pleased to be contributing to the development of critical infrastructure around the world, and we know we cannot do this work alone: we rely on the leadership and contributions of our G7 partners. We also know that to meet global needs, we must play the long game. We look forward to our continued collaboration on PGI in the years to come as we seek to advance this critical global priority.

MIL OSI USA News –

January 25, 2025
MIL-OSI USA: California joins federal partners to enhance flood protection and wildlife habitat in Sacramento River Basin

Source: US State of California 2

Oct 23, 2024

What you need to know: State and federal partners today signed a Memorandum of Understanding (MOU) to boost cooperation on multi-benefit water projects in the Sacramento River Basin.

SACRAMENTO – Governor Gavin Newsom today highlighted a new agreement between state and federal partners to enhance collaboration on floodplain projects in the Sacramento River Basin that bolster flood protection and habitat for fish and wildlife.

The MOU furthers state-federal coordination on the planning, design and implementation of multi-benefit floodplain projects in the Sacramento River Basin that increase flood protection, restore habitat and ecosystems, improve groundwater recharge and water supply reliability, and sustain farming and managed wetland operations. The agreement is backed by the Floodplain Forward Coalition comprised of landowners, irrigation districts, and higher education and conservation groups.

“As California grapples with more extreme cycles of wet and dry, it’s more important than ever that we leverage our common interests to meet the needs of our communities, wildlife and economy. This state-federal partnership with support from wide-ranging stakeholders demonstrates the kind of collaborative solutions that can safeguard our communities, wildlife, businesses and water supplies in the face of climate impacts.”

Governor Gavin Newsom

The MOU was signed today in Sacramento by representatives from the U.S. Fish and Wildlife Service, U.S. Bureau of Reclamation, U.S. Bureau of Land Management, U.S. Army Corps of Engineers, USDA Natural Resources Conservation Service, California Natural Resources Agency, California Department of Fish and Wildlife, California Department of Food and Agriculture, California Department of Water Resources, and the National Fish and Wildlife Foundation.

Sacramento Valley bypasses are natural overflow areas that are critical to protecting farms, cities and communities from floodwaters. The lowlands also serve as essential habitat for many fish, birds and wildlife, including Chinook salmon, that have historically relied on the basin’s floodplains for food and habitat during their migrations.

More information on the MOU can be found here.

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MIL OSI USA News –

January 25, 2025

MIL-OSI Economics: RBI imposes monetary penalty on The Aurangabad District Central Co-operative Bank Limited, Bihar

Source: Reserve Bank of India

The Reserve Bank of India (RBI) has, by an order dated October 22, 2024, imposed a monetary penalty of ₹1.25 lakh (Rupees One Lakh Twenty Five Thousand only) on The Aurangabad District Central Co-operative Bank Ltd., Bihar (the bank) for contravention of the provisions of section 26A read with section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of BR Act and section 25 of the Credit Information Companies (Regulation) Act, 2005.

The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2023. Based on supervisory findings of contravention of statutory provisions / non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions.

After considering the bank’s reply to the notice and oral submissions made by it during the personal hearing, RBI found, inter alia, that the following charges against the Bank were sustained, warranting imposition of monetary penalty:

The bank had failed to:

transfer eligible amounts to the Depositor Education and Awareness Fund within the prescribed period; and
submit credit information of its borrowers to any of the four Credit Information Companies.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/1363

MIL OSI Economics –

January 25, 2025

MIL-OSI Asia-Pac: Report of Strategic Feasibility Study on the Development of Wetland Conservation Parks System released

Source: Hong Kong Government special administrative region

     The report of the Strategic Feasibility Study on the Development of the Wetland Conservation Parks (WCPs) System was released today (October 24).

     The development of a WCPs System was promulgated in the Northern Metropolis Development Strategy in 2021, with a view to conserving the Deep Bay wetlands with ecological value, and creating environmental capacity for the Northern Metropolis to achieve co-existence of conservation and development. The Strategic Feasibility Study on the Development of the WCPs System, commissioned by the Agriculture, Fisheries and Conservation Department (AFCD) in August 2022, had reviewed the ecological conditions, land use and planning matters, aquaculture activities, eco-education and recreation facilities, etc, in the proposed areas of the proposed WCPs System. The Feasibility Study also formulated recommendations on the overall implementation strategy for the development of the WCPs System, including the proposed boundaries, positioning and functions, conceptual plans and management options of the proposed Parks under the System. The consultant also collected views from the public and stakeholders on the initiative through two stages of public engagement exercises, and suitably incorporated such views.

     The Feasibility Study considered that the development of the WCPs System was feasible and worthwhile, which could effectively conserve the wetlands in the Deep Bay area and enhance their ecological value, promote the modernisation of the aquaculture industry, and provide eco-education and recreation facilities for public enjoyment. At the same time, the development of the WCPs System could also create environmental capacity for the development of the Northern Metropolis, and achieve co-existence of conservation and development.

     The Feasibility Study recommended developing the WCPs System in phases by developing the Sam Po Shue WCP first. Subsequently, by making reference to the experience of planning and establishing the Sam Po Shue WCP, further studies on the remaining proposed Parks, i.e. Hong Kong Wetland Park Expansion Area, Nam Sang Wai WCP, and Hoo Hok Wai WCP (including Sha Ling/Nam Hang area), would be reviewed in due course.

     Specific positioning and functions for each Park were recommended by the consultant based on their respective conditions, and broad zonings, including Biodiversity Zone, Eco-friendly Aquaculture Zone, Fisheries Enhancement Zone and Visitor Zone, were delineated under the conceptual plan of each Park. It was recommended that the Government oversee the overall management of the whole WCPs System, and manage the different zones within the Parks in co-operation with different parties, including non-governmental organisations, agriculture and fisheries associations, local communities, private landowners and private sector, depending on the relevant functions and operational needs.

     A spokesman for the AFCD said that the department considered the recommendations of the report of the Feasibility Study generally acceptable, and these recommendations would be taken into consideration in the next stage when carrying out detailed studies on the investigation, design and construction of the Parks.

     The report of the Feasibility Study is available on the AFCD website (www.afcd.gov.hk/english/conservation/con_wet/wcps_system/wcps_system.html).

MIL OSI Asia Pacific News –

January 25, 2025

MIL-OSI: First Merchants Corporation Announces Third Quarter 2024 Earnings per Share

Source: GlobeNewswire (MIL-OSI)

MUNCIE, Ind., Oct. 24, 2024 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME)

Third Quarter 2024 Highlights:

Net income available to common stockholders was $48.7 million and diluted earnings per common share totaled $0.84, compared to $55.9 million and $0.94 in the third quarter of 2023, and $39.5 million and $0.68 in the second quarter of 2024. Excluding the loss from repositioning of the available for sale securities portfolio, adjusted net income was $55.6 million or $0.95 per share for the third quarter of 2024.
Strong capital position with Common Equity Tier 1 Capital Ratio of 11.25% and Tangible Common Equity to Tangible Assets Ratio of 8.76%.
Net interest margin was 3.23% compared to 3.16% on a linked quarter basis.
Total loans grew $15.5 million, or 0.5% annualized, on a linked quarter basis, and $385.1 million, or 3.1% during the last twelve months.
Total deposits grew by $83.7 million, or 2.3% annualized, on a linked quarter basis after normalizing for $287.7 million of deposits reclassified to held for sale.
Nonperforming assets to total assets were 35 basis points compared to 36 basis points on a linked quarter basis.
The efficiency ratio totaled 53.76% for the quarter.
Announced sale of five Illinois branches and certain loans and deposits to Old Second National Bank on August 27, 2024.

“We are pleased with our third quarter results and the focused momentum that we are building,” said Mark Hardwick, Chief Executive Officer. “The pending sale of five non-core Illinois branches, restructure of the securities portfolio, and successful completion of four major technology initiatives provides us with the opportunity to reprioritize our core markets and introduce innovative customer acquisition strategies.”

Third Quarter Financial Results:

First Merchants Corporation (the “Corporation”) has reported third quarter 2024 net income available to common stockholders of $48.7 million compared to $55.9 million during the same period in 2023. Diluted earnings per common share for the period totaled $0.84 compared to the third quarter of 2023 result of $0.94. Excluding the $9.1 million pre-tax loss from repositioning of the available for sale securities portfolio, adjusted net income was $55.6 million, or $0.95 diluted earnings per common share for the third quarter of 2024.

During the quarter, the Corporation signed a definitive agreement to sell five Illinois branches along with certain loans and deposits, representing an exit from suburban Chicago markets. Loans of $9.2 million, deposits of $287.7 million and fixed assets of $3.4 million have been moved to held for sale categories as of September 30, 2024. The transaction is expected to close in the fourth quarter of this year.

Total assets equaled $18.3 billion as of quarter-end and loans totaled $12.7 billion. During the past twelve months, total loans grew by $385.1 million, or 3.1%. On a linked quarter basis, loans grew $15.5 million, or 0.5%, with growth primarily in commercial & industrial loans.

Investments totaling $3.7 billion decreased $51.6 million, or 1.4%, during the last twelve months and decreased $90.9 million, or 9.7% annualized, on a linked quarter basis. The decline during the quarter was due to $158.9 million in sales of available for sale securities with a weighted average tax-equivalent yield of 2.85%, partially offset by an increase in the securities portfolio valuation.

Total deposits were $14.4 billion as of quarter-end and decreased by $281.5 million, or 1.9%, over the past twelve months. The decline was primarily due to $287.7 million of deposits being reclassified to held for sale. Excluding this impact, deposits increased by $6.2 million. On a linked quarter basis, deposits grew organically by $83.7 million or 2.3%. The loan to deposit ratio increased to 88.0% at period end from 86.8% in the prior quarter, primarily due to the reclassification of deposits to held for sale as previously described.

The Corporation’s Allowance for Credit Losses – Loans (ACL) totaled $187.8 million as of quarter-end, or 1.48% of total loans, a decrease of $1.7 million from prior quarter. Loan charge-offs, net of recoveries totaled $6.7 million and provision for loans of $5.0 million was recorded during the quarter. Reserves for unfunded commitments totaled $19.5 million and remained unchanged from the prior quarter. Non-performing assets to total assets were 35 basis points for the third quarter of 2024, a decrease of one basis point compared to 36 basis points in the prior quarter.

Net interest income totaled $131.1 million for the quarter, an increase of $2.5 million, or 2.0%, compared to prior quarter and a decrease of $2.3 million, or 1.7%, compared to the third quarter of 2023. Fully-tax equivalent net interest margin was 3.23%, an increase of 7 basis points compared to the second quarter of 2024, and a decrease of 6 basis points compared to the third quarter of 2023. The increase in net interest margin compared to the second quarter was due to higher earning asset yields.

Non-interest income totaled $24.9 million for the quarter, a decrease of $6.5 million, or 20.6%, compared to the second quarter of 2024 and a decrease of $3.0 million, or 6.7% from the third quarter of 2023. The decrease from second quarter of 2024 was driven by realized losses on sales of available for sale securities associated with the repositioning of the bond portfolio, partially offset by increases in gains on sales of mortgage loans and earnings on cash surrender value of life insurance.

Non-interest expense totaled $94.6 million for the quarter, an increase of $3.2 million from the second quarter of 2024 and an increase of $0.8 million from the third quarter of 2023. The increase from the linked quarter was from higher salaries and employee benefits primarily driven by higher incentives.

The Corporation’s total risk-based capital ratio equaled 13.18%, common equity tier 1 capital ratio equaled 11.25%, and the tangible common equity ratio totaled 8.76%. These ratios continue to reflect the Corporation’s strong liquidity and capital positions.

CONFERENCE CALL

First Merchants Corporation will conduct a third quarter earnings conference call and web cast at 11:30 a.m. (ET) on Thursday, October 24, 2024.

To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: (https://register.vevent.com/register/BI34430e309ed545808c7c8195f36e86b6)

To view the webcast and presentation slides, please go to (https://edge.media-server.com/mmc/p/6grv3upw) during the time of the call. A replay of the webcast will be available until October 24, 2025.

Detailed financial results are reported on the attached pages.

About First Merchants Corporation

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank).

First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s Internet web page (http://www.firstmerchants.com).

FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.

Forward-Looking Statements

This release contains forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can often, but not always, be identified by the use of words like “believe”, “continue”, “pattern”, “estimate”, “project”, “intend”, “anticipate”, “expect” and similar expressions or future or conditional verbs such as “will”, “would”, “should”, “could”, “might”, “can”, “may”, or similar expressions. These statements include statements about First Merchants’ goals, intentions and expectations; statements regarding the First Merchants’ business plan and growth strategies; statements regarding the asset quality of First Merchants’ loan and investment portfolios; and estimates of First Merchants’ risks and future costs and benefits. These forward-looking statements are subject to significant risks, assumptions and uncertainties that may cause results to differ materially from those set forth in forward-looking statements, including, among other things: possible changes in monetary and fiscal policies, and laws and regulations; the effects of easing restrictions on participants in the financial services industry; the cost and other effects of legal and administrative cases; possible changes in the credit worthiness of customers and the possible impairment of collectability of loans; fluctuations in market rates of interest; competitive factors in the banking industry; changes in the banking legislation or regulatory requirements of federal and state agencies applicable to bank holding companies and banks like First Merchants’ affiliate bank; continued availability of earnings and excess capital sufficient for the lawful and prudent declaration of dividends; changes in market, economic, operational, liquidity (including the ability to grow and maintain core deposits and retain large, uninsured deposits), credit and interest rate risks associated with the First Merchants’ business; and other risks and factors identified in each of First Merchants’ filings with the Securities and Exchange Commission. First Merchants does not undertake any obligation to update any forward-looking statement, whether written or oral, relating to the matters discussed in this press release. In addition, First Merchants’ past results of operations do not necessarily indicate its anticipated future results.


CONSOLIDATED BALANCE SHEETS
(Dollars In Thousands)	September 30,
		2024			2023
ASSETS
Cash and due from banks	$	84,719		$	125,173
Interest-bearing deposits		359,126			348,639
Investment securities, net of allowance for credit losses of $245,000 and $245,000		3,662,145			3,713,724
Loans held for sale		40,652			30,972
Loans		12,646,808			12,271,422
Less: Allowance for credit losses – loans		(187,828	)		(205,782	)
Net loans		12,458,980			12,065,640
Premises and equipment		129,582			132,441
Federal Home Loan Bank stock		41,716			41,797
Interest receivable		92,055			90,011
Goodwill and other intangibles		733,601			741,283
Cash surrender value of life insurance		304,613			306,106
Other real estate owned		5,247			6,480
Tax asset, deferred and receivable		86,732			135,521
Other assets		348,384			340,476
TOTAL ASSETS	$	18,347,552		$	18,078,263
LIABILITIES
Deposits:
Noninterest-bearing	$	2,334,197		$	2,554,984
Interest-bearing		12,030,903			12,091,592
Total Deposits		14,365,100			14,646,576
Borrowings:
Federal funds purchased		30,000			—
Securities sold under repurchase agreements		124,894			152,537
Federal Home Loan Bank advances		832,629			713,384
Subordinated debentures and other borrowings		93,562			158,665
Total Borrowings		1,081,085			1,024,586
Deposits and other liabilities held for sale		288,476			—
Interest payable		18,089			16,473
Other liabilities		292,429			297,984
Total Liabilities		16,045,179			15,985,619
STOCKHOLDERS’ EQUITY
Preferred Stock, $1,000 par value, $1,000 liquidation value:
Authorized — 600 cumulative shares
Issued and outstanding – 125 cumulative shares		125			125
Preferred Stock, Series A, no par value, $2,500 liquidation preference:
Authorized — 10,000 non-cumulative perpetual shares
Issued and outstanding – 10,000 non-cumulative perpetual shares		25,000			25,000
Common Stock, $.125 stated value:
Authorized — 100,000,000 shares
Issued and outstanding – 58,117,115 and 59,398,022 shares		7,265			7,425
Additional paid-in capital		1,192,683			1,234,402
Retained earnings		1,229,125			1,132,962
Accumulated other comprehensive loss		(151,825	)		(307,270	)
Total Stockholders’ Equity		2,302,373			2,092,644
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	18,347,552		$	18,078,263


CONSOLIDATED STATEMENTS OF INCOME	Three Months Ended						Nine Months Ended
(Dollars In Thousands, Except Per Share Amounts)	September 30,						September 30,
		2024			2023			2024			2023
INTEREST INCOME
Loans receivable:
Taxable	$	206,680		$	191,705		$	606,116		$	550,314
Tax-exempt		8,622			8,288			25,242			23,757
Investment securities:
Taxable		9,263			8,590			27,062			26,563
Tax-exempt		13,509			13,947			40,733			44,296
Deposits with financial institutions		2,154			5,884			11,642			9,685
Federal Home Loan Bank stock		855			719			2,569			2,281
Total Interest Income		241,083			229,133			713,364			656,896
INTEREST EXPENSE
Deposits		98,856			85,551			296,292			209,437
Federal funds purchased		329			—			455			1,420
Securities sold under repurchase agreements		700			797			2,377			2,624
Federal Home Loan Bank advances		8,544			6,896			21,715			20,775
Subordinated debentures and other borrowings		1,544			2,506			5,781			7,303
Total Interest Expense		109,973			95,750			326,620			241,559
NET INTEREST INCOME		131,110			133,383			386,744			415,337
Provision for credit losses		5,000			2,000			31,500			2,000
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES		126,110			131,383			355,244			413,337
NONINTEREST INCOME
Service charges on deposit accounts		8,361			7,975			24,482			23,147
Fiduciary and wealth management fees		8,525			7,394			25,550			22,653
Card payment fees		5,121			4,716			14,360			14,425
Net gains and fees on sales of loans		6,764			5,517			15,159			11,548
Derivative hedge fees		736			516			1,488			2,336
Other customer fees		344			384			1,231			1,643
Earnings on cash surrender value of life insurance		2,755			1,761			6,276			5,145
Net realized losses on sales of available for sale securities		(9,114	)		(1,650	)		(9,165	)		(4,613	)
Other income		1,374			1,229			3,457			2,874
Total Noninterest Income		24,866			27,842			82,838			79,158
NONINTEREST EXPENSES
Salaries and employee benefits		55,223			55,566			165,730			167,778
Net occupancy		6,994			6,837			21,052			20,770
Equipment		6,949			5,698			19,774			18,005
Marketing		1,836			2,369			4,807			4,780
Outside data processing fees		7,150			6,573			21,111			19,290
Printing and office supplies		378			333			1,085			1,150
Intangible asset amortization		1,772			2,182			5,500			6,561
FDIC assessments		3,720			2,981			11,285			7,117
Other real estate owned and foreclosure expenses		942			677			1,849			1,575
Professional and other outside services		3,035			3,833			10,809			12,191
Other expenses		6,630			6,805			19,975			20,950
Total Noninterest Expenses		94,629			93,854			282,977			280,167
INCOME BEFORE INCOME TAX		56,347			65,371			155,105			212,328
Income tax expense		7,160			9,005			18,052			31,021
NET INCOME		49,187			56,366			137,053			181,307
Preferred stock dividends		468			468			1,406			1,406
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	$	48,719		$	55,898		$	135,647		$	179,901
Per Share Data:
Basic Net Income Available to Common Stockholders	$	0.84		$	0.95		$	2.32		$	3.04
Diluted Net Income Available to Common Stockholders	$	0.84		$	0.94		$	2.31		$	3.03
Cash Dividends Paid to Common Stockholders	$	0.35		$	0.34		$	1.04		$	1.00
Average Diluted Common Shares Outstanding (in thousands)		58,289			59,503			58,629			59,465


FINANCIAL HIGHLIGHTS
(Dollars in thousands)	Three Months Ended						Nine Months Ended
	September 30,						September 30,
		2024			2023			2024			2023
NET CHARGE-OFFS	$	6,709		$	20,365		$	48,606		$	22,495

AVERAGE BALANCES:
Total Assets	$	18,360,580		$	18,152,239		$	18,374,370		$	18,115,504
Total Loans		12,680,166			12,287,632			12,592,907			12,264,787
Total Earning Assets		16,990,358			16,947,669			17,042,540			16,913,965
Total Deposits		14,702,454			14,735,592			14,826,056			14,627,448
Total Stockholders’ Equity		2,251,547			2,154,232			2,232,419			2,126,005

FINANCIAL RATIOS:
Return on Average Assets		1.07	%		1.24	%		0.99	%		1.33	%
Return on Average Stockholders’ Equity		8.66			10.38			8.10			11.28
Return on Tangible Common Stockholders’ Equity		13.39			16.54			12.64			18.10
Average Earning Assets to Average Assets		92.54			93.36			92.75			93.37
Allowance for Credit Losses – Loans as % of Total Loans		1.48			1.67			1.48			1.67
Net Charge-offs as % of Average Loans (Annualized)		0.21			0.66			0.51			0.24
Average Stockholders’ Equity to Average Assets		12.26			11.87			12.15			11.74
Tax Equivalent Yield on Average Earning Assets		5.82			5.55			5.72			5.32
Interest Expense/Average Earning Assets		2.59			2.26			2.56			1.90
Net Interest Margin (FTE) on Average Earning Assets		3.23			3.29			3.16			3.42
Efficiency Ratio		53.76			53.91			55.54			52.60
Tangible Common Book Value Per Share	$	26.64		$	22.43		$	26.64		$	22.43


NONPERFORMING ASSETS
(Dollars In Thousands)	September 30,			June 30,			March 31,			December 31,			September 30,
		2024			2024			2024			2023			2023
Nonaccrual Loans	$	59,088		$	61,906		$	62,478		$	53,580		$	53,102
Other Real Estate Owned and Repossessions		5,247			4,824			4,886			4,831			6,480
Nonperforming Assets (NPA)		64,335			66,730			67,364			58,411			59,582
90+ Days Delinquent		14,105			1,686			2,838			172			89
NPAs & 90 Day Delinquent	$	78,440		$	68,416		$	70,202		$	58,583		$	59,671

Allowance for Credit Losses – Loans	$	187,828		$	189,537		$	204,681		$	204,934		$	205,782
Quarterly Net Charge-offs		6,709			39,644			2,253			3,148			20,365
NPAs / Actual Assets %		0.35	%		0.36	%		0.37	%		0.32	%		0.33	%
NPAs & 90 Day / Actual Assets %		0.43	%		0.37	%		0.38	%		0.32	%		0.33	%
NPAs / Actual Loans and OREO %		0.51	%		0.53	%		0.54	%		0.47	%		0.48	%
Allowance for Credit Losses – Loans / Actual Loans (%)		1.48	%		1.50	%		1.64	%		1.64	%		1.67	%
Net Charge-offs as % of Average Loans (Annualized)		0.21	%		1.26	%		0.07	%		0.10	%		0.66	%


CONSOLIDATED BALANCE SHEETS
(Dollars In Thousands)	September 30,			June 30,			March 31,			December 31,			September 30,
		2024			2024			2024			2023			2023
ASSETS
Cash and due from banks	$	84,719		$	105,372		$	100,514		$	112,649		$	125,173
Interest-bearing deposits		359,126			168,528			410,497			436,080			348,639
Investment securities, net of allowance for credit losses		3,662,145			3,753,088			3,783,574			3,811,364			3,713,724
Loans held for sale		40,652			32,292			15,118			18,934			30,972
Loans		12,646,808			12,639,650			12,465,582			12,486,027			12,271,422
Less: Allowance for credit losses – loans		(187,828	)		(189,537	)		(204,681	)		(204,934	)		(205,782	)
Net loans		12,458,980			12,450,113			12,260,901			12,281,093			12,065,640
Premises and equipment		129,582			133,245			132,706			133,896			132,441
Federal Home Loan Bank stock		41,716			41,738			41,758			41,769			41,797
Interest receivable		92,055			97,546			92,550			97,664			90,011
Goodwill and other intangibles		733,601			735,373			737,144			739,101			741,283
Cash surrender value of life insurance		304,613			306,379			306,028			306,301			306,106
Other real estate owned		5,247			4,824			4,886			4,831			6,480
Tax asset, deferred and receivable		86,732			107,080			101,121			99,883			135,521
Other assets		348,384			367,845			331,006			322,322			340,476
TOTAL ASSETS	$	18,347,552		$	18,303,423		$	18,317,803		$	18,405,887		$	18,078,263
LIABILITIES
Deposits:
Noninterest-bearing	$	2,334,197		$	2,303,313		$	2,338,364		$	2,500,062		$	2,554,984
Interest-bearing		12,030,903			12,265,757			12,546,220			12,321,391			12,091,592
Total Deposits		14,365,100			14,569,070			14,884,584			14,821,453			14,646,576
Borrowings:
Federal funds purchased		30,000			147,229			—			—			—
Securities sold under repurchase agreements		124,894			100,451			130,264			157,280			152,537
Federal Home Loan Bank advances		832,629			832,703			612,778			712,852			713,384
Subordinated debentures and other borrowings		93,562			93,589			118,612			158,644			158,665
Total Borrowings		1,081,085			1,173,972			861,654			1,028,776			1,024,586
Deposits and other liabilities held for sale		288,476			—			—			—			—
Interest payable		18,089			18,554			19,262			18,912			16,473
Other liabilities		292,429			329,302			327,500			289,033			297,984
Total Liabilities		16,045,179			16,090,898			16,093,000			16,158,174			15,985,619
STOCKHOLDERS’ EQUITY
Preferred Stock, $1,000 par value, $1,000 liquidation value:
Authorized — 600 cumulative shares
Issued and outstanding – 125 cumulative shares		125			125			125			125			125
Preferred Stock, Series A, no par value, $2,500 liquidation preference:
Authorized — 10,000 non-cumulative perpetual shares
Issued and outstanding – 10,000 non-cumulative perpetual shares		25,000			25,000			25,000			25,000			25,000
Common Stock, $.125 stated value:
Authorized — 100,000,000 shares
Issued and outstanding		7,265			7,256			7,321			7,428			7,425
Additional paid-in capital		1,192,683			1,191,193			1,208,447			1,236,506			1,234,402
Retained earnings		1,229,125			1,200,930			1,181,939			1,154,624			1,132,962
Accumulated other comprehensive loss		(151,825	)		(211,979	)		(198,029	)		(175,970	)		(307,270	)
Total Stockholders’ Equity		2,302,373			2,212,525			2,224,803			2,247,713			2,092,644
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	18,347,552		$	18,303,423		$	18,317,803		$	18,405,887		$	18,078,263


CONSOLIDATED STATEMENTS OF INCOME
(Dollars In Thousands, Except Per Share Amounts)	September 30,			June 30,			March 31,			December 31,			September 30,
		2024			2024			2024			2023			2023
INTEREST INCOME
Loans receivable:
Taxable	$	206,680		$	201,413		$	198,023		$	197,523		$	191,705
Tax-exempt		8,622			8,430			8,190			8,197			8,288
Investment securities:
Taxable		9,263			9,051			8,748			8,644			8,590
Tax-exempt		13,509			13,613			13,611			13,821			13,947
Deposits with financial institutions		2,154			2,995			6,493			8,034			5,884
Federal Home Loan Bank stock		855			879			835			771			719
Total Interest Income		241,083			236,381			235,900			236,990			229,133
INTEREST EXPENSE
Deposits		98,856			99,151			98,285			96,655			85,551
Federal funds purchased		329			126			—			1			—
Securities sold under repurchase agreements		700			645			1,032			827			797
Federal Home Loan Bank advances		8,544			6,398			6,773			6,431			6,896
Subordinated debentures and other borrowings		1,544			1,490			2,747			3,013			2,506
Total Interest Expense		109,973			107,810			108,837			106,927			95,750
NET INTEREST INCOME		131,110			128,571			127,063			130,063			133,383
Provision for credit losses		5,000			24,500			2,000			1,500			2,000
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES		126,110			104,071			125,063			128,563			131,383
NONINTEREST INCOME
Service charges on deposit accounts		8,361			8,214			7,907			7,690			7,975
Fiduciary and wealth management fees		8,525			8,825			8,200			8,187			7,394
Card payment fees		5,121			4,739			4,500			4,437			4,716
Net gains and fees on sales of loans		6,764			5,141			3,254			4,111			5,517
Derivative hedge fees		736			489			263			1,049			516
Other customer fees		344			460			427			237			384
Earnings on cash surrender value of life insurance		2,755			1,929			1,592			3,202			1,761
Net realized losses on sales of available for sale securities		(9,114	)		(49	)		(2	)		(2,317	)		(1,650	)
Other income (loss)		1,374			1,586			497			(152	)		1,229
Total Noninterest Income		24,866			31,334			26,638			26,444			27,842
NONINTEREST EXPENSES
Salaries and employee benefits		55,223			52,214			58,293			60,967			55,566
Net occupancy		6,994			6,746			7,312			9,089			6,837
Equipment		6,949			6,599			6,226			6,108			5,698
Marketing		1,836			1,773			1,198			2,647			2,369
Outside data processing fees		7,150			7,072			6,889			5,875			6,573
Printing and office supplies		378			354			353			402			333
Intangible asset amortization		1,772			1,771			1,957			2,182			2,182
FDIC assessments		3,720			3,278			4,287			7,557			2,981
Other real estate owned and foreclosure expenses		942			373			534			1,743			677
Professional and other outside services		3,035			3,822			3,952			3,981			3,833
Other expenses		6,630			7,411			5,934			7,552			6,805
Total Noninterest Expenses		94,629			91,413			96,935			108,103			93,854
INCOME BEFORE INCOME TAX		56,347			43,992			54,766			46,904			65,371
Income tax expense		7,160			4,067			6,825			4,425			9,005
NET INCOME		49,187			39,925			47,941			42,479			56,366
Preferred stock dividends		468			469			469			469			468
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	$	48,719		$	39,456		$	47,472		$	42,010		$	55,898
Per Share Data:
Basic Net Income Available to Common Stockholders	$	0.84		$	0.68		$	0.80		$	0.71		$	0.95
Diluted Net Income Available to Common Stockholders	$	0.84		$	0.68		$	0.80		$	0.71		$	0.94
Cash Dividends Paid to Common Stockholders	$	0.35		$	0.35		$	0.34		$	0.34		$	0.34
Average Diluted Common Shares Outstanding (in thousands)		58,289			58,328			59,273			59,556			59,503
FINANCIAL RATIOS:
Return on Average Assets		1.07	%		0.87	%		1.04	%		0.92	%		1.24	%
Return on Average Stockholders’ Equity		8.66			7.16			8.47			7.89			10.38
Return on Tangible Common Stockholders’ Equity		13.39			11.29			13.21			12.75			16.54
Average Earning Assets to Average Assets		92.54			92.81			92.91			93.62			93.36
Allowance for Credit Losses – Loans as % of Total Loans		1.48			1.50			1.64			1.64			1.67
Net Charge-offs as % of Average Loans (Annualized)		0.21			1.26			0.07			0.10			0.66
Average Stockholders’ Equity to Average Assets		12.26			12.02			12.17			11.58			11.87
Tax Equivalent Yield on Average Earning Assets		5.82			5.69			5.65			5.64			5.55
Interest Expense/Average Earning Assets		2.59			2.53			2.55			2.48			2.26
Net Interest Margin (FTE) on Average Earning Assets		3.23			3.16			3.10			3.16			3.29
Efficiency Ratio		53.76			53.84			59.21			63.26			53.91
Tangible Common Book Value Per Share	$	26.64		$	25.10		$	25.07		$	25.06		$	22.43


LOANS
(Dollars In Thousands)	September 30,			June 30,			March 31,			December 31,			September 30,
		2024			2024			2024			2023			2023
Commercial and industrial loans	$	4,041,217		$	3,949,817		$	3,722,365		$	3,670,948		$	3,490,953
Agricultural land, production and other loans to farmers		238,743			239,926			234,431			263,414			233,838
Real estate loans:
Construction		814,704			823,267			941,726			957,545			1,022,261
Commercial real estate, non-owner occupied		2,251,351			2,323,533			2,368,360			2,400,839			2,360,596
Commercial real estate, owner occupied		1,152,751			1,174,195			1,137,894			1,162,083			1,153,707
Residential		2,366,943			2,370,905			2,316,490			2,288,921			2,257,385
Home equity		641,188			631,104			618,258			617,571			609,352
Individuals’ loans for household and other personal expenditures		158,480			162,089			161,459			168,388			176,523
Public finance and other commercial loans		981,431			964,814			964,599			956,318			966,807
Loans		12,646,808			12,639,650			12,465,582			12,486,027			12,271,422
Allowance for credit losses – loans		(187,828	)		(189,537	)		(204,681	)		(204,934	)		(205,782	)
NET LOANS	$	12,458,980		$	12,450,113		$	12,260,901		$	12,281,093		$	12,065,640


DEPOSITS
(Dollars In Thousands)	September 30,		June 30,		March 31,		December 31,		September 30,
		2024		2024		2024		2023		2023
Demand deposits	$	7,678,510	$	7,757,679	$	7,771,976	$	7,965,862	$	7,952,040
Savings deposits		4,302,236		4,339,161		4,679,593		4,516,433		4,572,162
Certificates and other time deposits of $100,000 or more		1,277,833		1,415,131		1,451,443		1,408,985		1,280,607
Other certificates and time deposits		802,949		889,949		901,280		849,906		761,196
Brokered certificates of deposits¹		303,572		167,150		80,292		80,267		80,571
TOTAL DEPOSITS²	$	14,365,100	$	14,569,070	$	14,884,584	$	14,821,453	$	14,646,576

^{1 –} Total brokered deposits of $838.3 million, which includes brokered CD’s of $303.6 million at September 30, 2024.
² – Total deposits at September 30, 2024 excludes $287.7 million of deposits reclassified to Deposits and other liabilities held for sale related to the pending Illinois branch sale.


CONSOLIDATED AVERAGE BALANCE SHEET AND NET INTEREST MARGIN ANALYSIS
(Dollars in Thousands)
	For the Three Months Ended
	September 30, 2024						September 30, 2023
	Average Balance		Interest Income / Expense		Average Rate		Average Balance		Interest Income / Expense		Average Rate
ASSETS
Interest-bearing deposits	$	252,113	$	2,154	3.42	%	$	502,967	$	5,884	4.68	%
Federal Home Loan Bank stock		41,730		855	8.20			41,826		719	6.88
Investment Securities: ⁽¹⁾
Taxable		1,789,526		9,263	2.07			1,817,219		8,590	1.89
Tax-exempt ⁽²⁾		2,226,823		17,100	3.07			2,298,025		17,655	3.07
Total Investment Securities		4,016,349		26,363	2.63			4,115,244		26,245	2.55
Loans held for sale		31,991		483	6.04			24,227		386	6.37
Loans: ⁽³⁾
Commercial		8,699,733		164,922	7.58			8,456,527		153,993	7.28
Real estate mortgage		2,183,095		24,333	4.46			2,079,067		21,618	4.16
Installment		832,222		16,942	8.14			827,318		15,708	7.59
Tax-exempt ⁽²⁾		933,125		10,914	4.68			900,493		10,491	4.66
Total Loans		12,680,166		217,594	6.86			12,287,632		202,196	6.58
Total Earning Assets		16,990,358		246,966	5.82	%		16,947,669		235,044	5.55	%
Total Non-Earning Assets		1,370,222						1,204,570
TOTAL ASSETS	$	18,360,580					$	18,152,239
LIABILITIES
Interest-Bearing Deposits:
Interest-bearing deposits	$	5,455,298	$	40,450	2.97	%	$	5,425,829	$	37,780	2.79	%
Money market deposits		2,974,188		25,950	3.49			2,923,798		23,607	3.23
Savings deposits		1,425,047		4,208	1.18			1,641,338		3,844	0.94
Certificates and other time deposits		2,499,655		28,248	4.52			2,106,910		20,320	3.86
Total Interest-Bearing Deposits		12,354,188		98,856	3.20			12,097,875		85,551	2.83
Borrowings		1,071,440		11,117	4.15			1,032,180		10,199	3.95
Total Interest-Bearing Liabilities		13,425,628		109,973	3.28			13,130,055		95,750	2.92
Noninterest-bearing deposits		2,348,266						2,637,717
Other liabilities		335,139						230,235
Total Liabilities		16,109,033						15,998,007
STOCKHOLDERS’ EQUITY		2,251,547						2,154,232
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	18,360,580		109,973			$	18,152,239		95,750
Net Interest Income (FTE)			$	136,993					$	139,294
Net Interest Spread (FTE) ⁽⁴⁾					2.54	%					2.63	%

Net Interest Margin (FTE):
Interest Income (FTE) / Average Earning Assets					5.82	%					5.55	%
Interest Expense / Average Earning Assets					2.59	%					2.26	%
Net Interest Margin (FTE) ⁽⁵⁾					3.23	%					3.29	%

⁽¹⁾ Average balance of securities is computed based on the average of the historical amortized cost balances without the effects of the fair value adjustments. Annualized amounts are computed using a 30/360 day basis.
⁽²⁾ Tax-exempt securities and loans are presented on a fully taxable equivalent basis, using a marginal tax rate of 21 percent for 2024 and 2023. These totals equal $5,883 and $5,911 for the three months ended September 30, 2024 and 2023, respectively.
⁽³⁾ Non accruing loans have been included in the average balances.
⁽⁴⁾ Net Interest Spread (FTE) is interest income expressed as a percentage of average earning assets minus interest expense expressed as a percentage of average interest-bearing liabilities.
⁽⁵⁾ Net Interest Margin (FTE) is interest income expressed as a percentage of average earning assets minus interest expense expressed as a percentage of average earning assets.


CONSOLIDATED AVERAGE BALANCE SHEET AND NET INTEREST MARGIN ANALYSIS
(Dollars in Thousands)
	For the Nine Months Ended
	September 30, 2024						September 30, 2023
	Average Balance		Interest Income / Expense		Average Rate		Average Balance		Interest Income / Expense		Average Rate
ASSETS
Interest-bearing deposits	$	383,007	$	11,642	4.05	%	$	340,887	$	9,685	3.79	%
Federal Home Loan Bank stock		41,748		2,569	8.20			41,160		2,281	7.39
Investment Securities: ⁽¹⁾
Taxable		1,787,119		27,062	2.02			1,872,267		26,563	1.89
Tax-exempt ⁽²⁾		2,237,759		51,561	3.07			2,394,864		56,071	3.12
Total Investment Securities		4,024,878		78,623	2.60			4,267,131		82,634	2.58
Loans held for sale		27,735		1,242	5.97			22,398		1,046	6.23
Loans: ⁽³⁾
Commercial		8,659,088		484,979	7.47			8,515,148		444,422	6.96
Real estate mortgage		2,159,738		70,489	4.35			2,008,852		60,354	4.01
Installment		825,060		49,406	7.98			833,133		44,492	7.12
Tax-exempt ⁽²⁾		921,286		31,952	4.62			885,256		30,072	4.53
Total Loans		12,592,907		638,068	6.76			12,264,787		580,386	6.31
Total Earning Assets		17,042,540		730,902	5.72	%		16,913,965		674,986	5.32	%
Total Non-Earning Assets		1,331,830						1,201,539
TOTAL ASSETS	$	18,374,370					$	18,115,504
LIABILITIES
Interest-Bearing deposits:
Interest-bearing deposits	$	5,487,106	$	120,935	2.94	%	$	5,412,482	$	97,016	2.39	%
Money market deposits		3,018,526		80,563	3.56			2,812,891		55,868	2.65
Savings deposits		1,497,620		11,485	1.02			1,730,110		10,693	0.82
Certificates and other time deposits		2,447,684		83,309	4.54			1,821,408		45,860	3.36
Total Interest-Bearing Deposits		12,450,936		296,292	3.17			11,776,891		209,437	2.37
Borrowings		990,022		30,328	4.08			1,144,368		32,122	3.74
Total Interest-Bearing Liabilities		13,440,958		326,620	3.24			12,921,259		241,559	2.49
Noninterest-bearing deposits		2,375,120						2,850,557
Other liabilities		325,873						217,683
Total Liabilities		16,141,951						15,989,499
STOCKHOLDERS’ EQUITY		2,232,419						2,126,005
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	18,374,370		326,620			$	18,115,504		241,559
Net Interest Income (FTE)			$	404,282					$	433,427
Net Interest Spread (FTE) ⁽⁴⁾					2.48	%					2.83	%

Net Interest Margin (FTE):
Interest Income (FTE) / Average Earning Assets					5.72	%					5.32	%
Interest Expense / Average Earning Assets					2.56	%					1.90	%
Net Interest Margin (FTE) ⁽⁵⁾					3.16	%					3.42	%

⁽¹⁾ Average balance of securities is computed based on the average of the historical amortized cost balances without the effects of the fair value adjustments. Annualized amounts are computed using a 30/360 day basis.
⁽²⁾ Tax-exempt securities and loans are presented on a fully taxable equivalent basis, using a marginal tax rate of 21 percent for 2024 and 2023. These totals equal $17,538 and $18,090 for the nine months ended September 30, 2024 and 2023, respectively.
⁽³⁾ Non accruing loans have been included in the average balances.
⁽⁴⁾ Net Interest Spread (FTE) is interest income expressed as a percentage of average earning assets minus interest expense expressed as a percentage of average interest-bearing liabilities.
⁽⁵⁾ Net Interest Margin (FTE) is interest income expressed as a percentage of average earning assets minus interest expense expressed as a percentage of average earning assets.


ADJUSTED NET INCOME AND DILUTED EARNINGS PER COMMON SHARE – NON-GAAP
(Dollars In Thousands, Except Per Share Amounts)	Three Months Ended															Nine Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,			September 30,			September 30,
		2024			2024			2024			2023			2023			2024			2023
Net Income Available to Common Stockholders – GAAP	$	48,719		$	39,456		$	47,472		$	42,010		$	55,898		$	135,647		$	179,901
Adjustments:
PPP loan income		—			—			—			(7	)		(8	)		—			(42	)
Net realized losses on sales of available for sale securities		9,114			49			2			2,317			1,650			9,165			4,613
Non-core expenses^1,2		—			—			3,481			12,682			—			3,481			—
Tax on adjustments		(2,220	)		(12	)		(848	)		(3,652	)		(403	)		(3,081	)		(1,121	)
Adjusted Net Income Available to Common Stockholders – Non-GAAP	$	55,613		$	39,493		$	50,107		$	53,350		$	57,137		$	145,212		$	183,351

Average Diluted Common Shares Outstanding (in thousands)		58,289			58,328			59,273			59,556			59,503			58,629			59,465

Diluted Earnings Per Common Share – GAAP	$	0.84		$	0.68		$	0.80		$	0.71		$	0.94		$	2.31		$	3.03
Adjustments:
PPP loan income		—			—			—			—			—			—			—
Net realized losses on sales of available for sale securities		0.15			—			—			0.04			0.03			0.16			0.07
Non-core expenses^1,2		—			—			0.06			0.21			—			0.06			—
Tax on adjustments		(0.04	)		—			(0.01	)		(0.06	)		(0.01	)		(0.05	)		(0.02	)
Adjusted Diluted Earnings Per Common Share – Non-GAAP	$	0.95		$	0.68		$	0.85		$	0.90		$	0.96		$	2.48		$	3.08

¹ – Non-core expenses in 4Q23 included $6.3 million from early retirement and severance costs, $4.3 million from the FDIC special assessment, and $2.1 million from a lease termination.
² – Non-core expenses in 1Q24 included $2.4 million from duplicative online banking conversion costs and $1.1 million from the FDIC special assessment.


NET INTEREST MARGIN (“NIM”), ADJUSTED
(Dollars in Thousands, Except Per Share Amounts)
	Three Months Ended															Nine Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,			September 30,			September 30,
		2024			2024			2024			2023			2023			2024			2023
Net Interest Income (GAAP)	$	131,110		$	128,571		$	127,063		$	130,063		$	133,383		$	386,744		$	415,337
Fully Taxable Equivalent (“FTE”) Adjustment		5,883			5,859			5,795			5,853			5,911			17,538			18,090
Net Interest Income (FTE) (non-GAAP)	$	136,993		$	134,430		$	132,858		$	135,916		$	139,294		$	404,282		$	433,427

Average Earning Assets (GAAP)	$	16,990,358		$	17,013,984		$	17,123,851		$	17,222,714		$	16,947,669		$	17,042,540		$	16,913,965
Net Interest Margin (GAAP)		3.09	%		3.02	%		2.97	%		3.02	%		3.15	%		3.03	%		3.27	%
Net Interest Margin (FTE) (non-GAAP)		3.23	%		3.16	%		3.10	%		3.16	%		3.29	%		3.16	%		3.42	%


RETURN ON TANGIBLE COMMON EQUITY – NON-GAAP
(Dollars In Thousands)	Three Months Ended															Nine Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,			September 30,			September 30,
		2024			2024			2024			2023			2023			2024			2023
Total Average Stockholders’ Equity (GAAP)	$	2,251,547		$	2,203,361		$	2,242,139		$	2,130,993		$	2,154,232		$	2,232,419		$	2,126,005
Less: Average Preferred Stock		(25,125	)		(25,125	)		(25,125	)		(25,125	)		(25,125	)		(25,125	)		(25,125	)
Less: Average Intangible Assets, Net of Tax		(729,581	)		(730,980	)		(732,432	)		(734,007	)		(735,787	)		(730,993	)		(737,476	)
Average Tangible Common Equity, Net of Tax (Non-GAAP)	$	1,496,841		$	1,447,256		$	1,484,582		$	1,371,861		$	1,393,320		$	1,476,301		$	1,363,404

Net Income Available to Common Stockholders (GAAP)	$	48,719		$	39,456		$	47,472		$	42,010		$	55,898		$	135,647		$	179,901
Plus: Intangible Asset Amortization, Net of Tax		1,399			1,399			1,546			1,724			1,724			4,345			5,182
Tangible Net Income (Non-GAAP)	$	50,118		$	40,855		$	49,018		$	43,734		$	57,622		$	139,992		$	185,083

Return on Tangible Common Equity (Non-GAAP)		13.39	%		11.29	%		13.21	%		12.75	%		16.54	%		12.64	%		18.10	%

For more information, contact:
Nicole M. Weaver, Vice President and Director of Corporate Administration
765-521-7619
http://www.firstmerchants.com

SOURCE: First Merchants Corporation, Muncie, Indiana

The MIL Network –

January 25, 2025

MIL-OSI: Billion Dollar Commercial Drone Market Poised for Continued Growth, Driven by A.I. Technological Advances

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The commercial drone market is experiencing significant growth due to increasing demand from various industries such as construction, agriculture, security, military applications and so much more. Drones offer benefits like cost savings, improved efficiency, and enhanced safety for businesses. Market size is projected to reach USD12.3 billion by 2025, driven by technological advancements and regulatory approvals. AI is driving market transformation… The global commercial drones market size is estimated to grow by USD $126.87 billion from 2024-2028, according to a report from Technavio. The market is estimated to grow at a CAGR of 57.74% during the forecast period. Rising applications of drones is driving market growth, with a trend towards new developments and launches of commercial drones. The report continued: “The commercial drones market is experiencing significant growth due to the continuous introduction of new drones, components, and software solutions by vendors. Companies across various industries are integrating drones into their operations for managing assets, monitoring sites, inspecting facilities, and capturing real-time data… featuring advanced autonomous flight technology and Artificial Intelligence, ensuring safe and stable flight in challenging environments. Such innovations increase the availability of advanced drone products and software solutions, fueling the adoption of commercial drones in the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), C3 AI (NYSE: AI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), AeroVironment (NASDAQ: AVAV).

“The Commercial Drone Market is experiencing significant growth, particularly in sectors like… Agriculture. Drones equipped with high-quality Cameras are trending, with VAPOR Helicopter leading the way. Artificial Intelligence and Machine Learning are revolutionizing Decision making in industries, from Inspection activities to Farm management. Hybrid drones, combining features of Quadcopters, Octocopters, and Hexacopters, are gaining popularity. In Agriculture, drones help reduce costs, increase Yield, and monitor crops using services like Raptor Maps. Filmmakers and Ecommerce sectors also benefit from aerial photography and warehouse management. The Commercial Drone Market is experiencing significant growth as Quadcopters, Octocopters, and Hexacopters find increasing applications in various sectors. Challenges in flight control, firmware, middleware, computer vision, and environmental awareness are being addressed through technological advances in electronics, computing, microcontrollers, and processors.”

ZenaTech Inc. (NASDAQ:ZENA) Issues Big Development News Today on Adding Patent Assets to the Company – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

Additional Groundbreaking ZenaTech Inc. Developments this week include:

ZenaTech Announced a Software Company Acquisition Adding Significant Capabilities to Building AI Drones – ZenaTech also announced that it has entered into an agreement to acquire ZooOffice Inc., the holding company for software companies Jadian and DeskFlex, from ZenaTech’s former parent company. The acquisition of these two software companies will provide important compliance and inspection software as well as scheduling and mapping software that will be incorporated into ZenaTech’s ZenaDrone AI drone solutions. This transaction further expands ZenaTech’s portfolio of SaaS software solutions and customer base and is expected to add to recurring revenue in the government sector among others. The acquisition is subject to shareholder and regulatory approvals that may be required.

“Adding Jadian and DeskFlex software capabilities to the ZenaTech portfolio is part of our strategy to offer full stack, integrated AI drone solutions targeted to multiple sectors such as Agriculture. Jadian’s compliance software will be integrated with ZenaDrone drone hardware and sensors to help farmers track and manage regulatory and environmental requirements such as crop traceability, fertilizer and pesticide use, water conservation, and greenhouse gas emissions. Deskflex scheduling and mapping software will add value integrated into our property management sector solutions,” said CEO Shaun Passley, Ph.D. Read this full release at: https://finance.yahoo.com/news/zenatech-announces-software-company-acquisition-113000656.html

Other recent developments in the technology industry include:

C3 AI (NYSE: AI) recently announced the newly re-branded C3 AI Asset Performance Suite, a collection of powerful, purpose-built AI applications that work together to help enterprises maximize value and improve sustainability performance. The C3 AI Asset Performance Suite includes C3 AI Reliability, C3 AI Process Optimization, and C3 AI Energy Management. These applications offer enterprises optimized asset performance through improvements in operational efficiency across business units.

“C3 AI is the leader in AI-powered predictive maintenance, and our customers are some of the most satisfied in the industry because our technology makes a positive impact on their bottom line and continually maximizes their investments,” said Thomas M. Siebel, CEO, C3 AI. “This re-brand of the C3 AI Asset Performance Suite is in recognition that customers realize the most value by deploying applications that work in concert together and address entire value chains; in this case, with predictive maintenance, process optimization, and energy management.”

SoundHound AI, Inc. (NASDAQ: SOUN), a global leader in voice artificial intelligence, recently announced its SoundHound Chat AI voice assistant has launched new customization tools to help transform how automotive brands interact with their customers within the vehicle. The new features are currently being piloted with some of SoundHound’s OEM partners.

In addition to the core features offered from SoundHound Chat AI’s best-in-class voice assistant – which integrates generative AI capabilities with car controls and real-time domains like flight times, navigation, and weather – OEMs will be able to take control with customizations that work for their loyal consumers and align closely with their identity as an automaker. This new layer of customization will provide drivers with a more engaging and informative experience, allowing them to explore vehicle features and functionalities with greater ease and effectiveness.

AeroVironment (NASDAQ: AVAV) recently announced that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade^® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding. This contract is issued as part of a broader, previously executed, indefinite delivery, indefinite quantity contract, and ensures continued support for both the U.S. Army and several allied partners, including Lithuania, Romania, and Sweden.

Work on this contract will be performed in Simi Valley, California, with an estimated completion date of June 30, 2026. The award, which leverages fiscal 2023 and 2024 Army funds along with Foreign Military Sales, highlights AV’s ongoing commitment to delivering proven, battlefield-ready technology that meets the evolving needs of modern armed forces.

NVIDIA Corporation (NASDAQ: NVDA) recently announced that it has contributed foundational elements of its NVIDIA Blackwell accelerated computing platform design to the Open Compute Project (OCP) and broadened NVIDIA Spectrum-X™ support for OCP standards.

At this year’s OCP Global Summit, NVIDIA will be sharing key portions of the NVIDIA GB200 NVL72 system electro-mechanical design with the OCP community — including the rack architecture, compute and switch tray mechanicals, liquid-cooling and thermal environment specifications, and NVIDIA NVLink™ cable cartridge volumetrics — to support higher compute density and networking bandwidth.

NVIDIA has already made several official contributions to OCP across multiple hardware generations, including its NVIDIA HGX™ H100 baseboard design specification, to help provide the ecosystem with a wider choice of offerings from the world’s computer makers and expand the adoption of AI.

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated forty nine hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:

Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

SOURCE: FN Media Group

The MIL Network –

January 25, 2025
MIL-OSI: Drones Driven by A.I. Are Taking Over Major Industries Including Agriculture, Construction, Military & More

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Artificial intelligence (AI) and drones are a formidable combo that has the potential to transform a variety of industries. When coupled, they build intelligent and autonomous airborne systems capable of completing complicated tasks in a variety of conditions. Because of this, the combination of artificial intelligence and drone technology offers new aerial technological developments for various industries, including agriculture, construction, energy, and security, as well as a solution to many aerial imagery demands. Factors such as technological advancements, growing need for automation and efficiency, and the increasing adoption of drones in the Logistics and Delivery, Agriculture and Precision Farming, Disaster Management and Search & Rescue, Environmental Monitoring and Industrial sectors are boosting the adoption of AI solutions in the UAV landscape. A report from Knowledge Sourcing Intelligence projected that the Artificial Intelligence in drone market size is projected to show steady growth during the forecast period (2024-2029). The report said: “Booming drone adoption in the sector boosts AI in drone market growth. Drones driven by AI are taking over major sectors such as agriculture, serving as industrious field workers. They minimize human effort while monitoring crop health, accurately locating pests, and applying irrigation to maximize production and optimize resource use. The movement known as “precision agriculture” is revolutionizing the way of raising food. According to the January 2022 Press Release Bureau, the government is extending financial support under the “Sub-Mission on Agriculture Mechanization” to encourage the use of drones in agriculture. The Agriculture Ministry will give agricultural institutions grants of up to Rs. 10 lakhs so the farmers can buy drones. When it comes to drone demonstrations on farmer fields Farmer’s Producers Organizations (FPOs) can receive funds for up to 75% of the total cost of the drone. The initiatives and factors supporting agriculture enhance the drone market.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Palantir Technologies Inc. (NYSE: PLTR), QUALCOMM Incorporated (NASDAQ: QCOM), AgEagle Aerial Systems Inc. (NYSE: UAVS), Draganfly Inc. (NASDAQ: DPRO).

“The growing need for automation in logistics propels AI in drone market. Industries these days need effective and automated ways to handle logistics jobs. Drones and AI together present an attractive alternative for companies looking to increase productivity and accuracy as they save labor expenses and increase productivity by automating operations that were previously done by hand. By the end of 2024, Prime Air plans to expand internationally into Italy and the UK, in addition to starting drone deliveries in the United States. Similarly, in October 2023, Amazon Pharmacy launched drone delivery of pharmaceuticals. Eligible consumers in College Station, Texas, can now have their drugs delivered to their homes via drone within 60 minutes of placing their purchase with Amazon Pharmacy.”

ZenaTech Inc. (NASDAQ:ZENA) Issues Big Development News Today on Adding Patent Assets to the Company – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

Additional Groundbreaking ZenaTech Inc. Developments this week include:

ZenaTech Announced a Software Company Acquisition Adding Significant Capabilities to Building AI Drones – ZenaTech also announced that it has entered into an agreement to acquire ZooOffice Inc., the holding company for software companies Jadian and DeskFlex, from ZenaTech’s former parent company. The acquisition of these two software companies will provide important compliance and inspection software as well as scheduling and mapping software that will be incorporated into ZenaTech’s ZenaDrone AI drone solutions. This transaction further expands ZenaTech’s portfolio of SaaS software solutions and customer base and is expected to add to recurring revenue in the government sector among others. The acquisition is subject to shareholder and regulatory approvals that may be required.

“Adding Jadian and DeskFlex software capabilities to the ZenaTech portfolio is part of our strategy to offer full stack, integrated AI drone solutions targeted to multiple sectors such as Agriculture. Jadian’s compliance software will be integrated with ZenaDrone drone hardware and sensors to help farmers track and manage regulatory and environmental requirements such as crop traceability, fertilizer and pesticide use, water conservation, and greenhouse gas emissions. Deskflex scheduling and mapping software will add value integrated into our property management sector solutions,” said CEO Shaun Passley, Ph.D. Read this full release at: https://finance.yahoo.com/news/zenatech-announces-software-company-acquisition-113000656.html

Other recent developments in the technology industry include:

Edgescale AI Inc. and Palantir Technologies Inc. (NYSE: PLTR) recently announced a strategic partnership to deliver Live Edge, a groundbreaking combination of Palantir Edge AI and Edgescale AI distributed infrastructure technology, designed to operationalize artificial intelligence (AI) in manufacturing, utilities, and other complex industrial environments.

AI is reshaping the world and transforming our relationship with technology, yet applying AI to operational technology in industries and critical infrastructure remains a challenge. So long as the complexity and operational burden of activating machines, equipment, vehicles, and sensors in physical systems remains high, we only achieve a fraction of AI’s true potential for automating our technology and improving our lives.

QUALCOMM Incorporated (NASDAQ: QCOM) recently announced that, through its subsidiary Qualcomm Technologies, Inc., Aramco, and Saudi Arabia’s Research, Development and Innovation Authority (RDIA) are planning to launch Design in Saudi Arabia (DISA). DISA is envisaged to be an incubator program for Saudi Arabia that aims to support startups that are adopting AI, Internet of Things (IoT), and wireless technologies for industrial use cases.

This initiative aims to support early-stage startups in the high-tech sector by guiding them from product design and development to commercialization. It aims to provide a comprehensive suite of support that includes technical assistance, business coaching, and intellectual property (IP) training, all aimed at enhancing the Kingdom’s technology ecosystem. Should this initiative materialize, startups would gain access to resources such as Qualcomm Technologies and Aramco’s industrial experience and RDIA’s strategic guidance.

AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, recently issued a Letter to Stockholders from Company CEO Bill Irby.

Dear Stockholders: First, I want to extend my appreciation for the trust and confidence you have placed in AgEagle. Upon taking over as CEO from Grant Begley (former interim CEO and current Board Chairman), we have been evolving and advancing AgEagle toward the creation of maximum long-term shareholder value.

To fund our aggressive growth plans, we recently completed a $6.5M capital raise. The market’s reaction was a continued decline in our stock price. It became necessary to plan and execute a 50:1 reverse stock split. Our trading was halted October 4th but has since resumed, and I am truly optimistic regarding the path ahead as I believe that the company is currently under-valued… In conclusion, through a combination of our key initiatives, growing demand, and demonstrated progress in our newest market, I believe AgEagle is on the correct path to increase long-term shareholder value. We appreciate your continued support. Sincerely, Bill Irby, CEO

Draganfly Inc. (NASDAQ: DPRO), an award-winning, industry-leading developer of drone solutions and systems, recently announced its participation in the upcoming Wings of Saskatchewan event in Regina, from October 30 to October 31, 2024. Draganfly will showcase its latest drone technology advancements, contributing to discussions on industry trends, safety, and regulatory considerations alongside key stakeholders in the aviation sector.

The Wings of Saskatchewan Conference, hosted by the Saskatchewan Aerial Applicators Association and the Saskatchewan Aviation Council, serves as a vital gathering for the aviation community. This year’s event will bring together leaders from both civil and commercial aviation sectors to discuss technological advancements, regulatory updates, and future trends within the industry.

About FN Media Group:
At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia
Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup
Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated forty nine hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually”, or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

SOURCE: FN Media Group

The MIL Network –

January 25, 2025
MIL-OSI Asia-Pac: Report on wetland parks released

Source: Hong Kong Information Services

The report of the Strategic Feasibility Study on the Development of the Wetland Conservation Parks (WCPs) System was released today.

The development of a WCPs System was promulgated in the Northern Metropolis Development Strategy in 2021, with a view to conserving the Deep Bay wetlands with ecological value, and creating environmental capacity for the Northern Metropolis to achieve co-existence of conservation and development.

A strategic feasibility study was commissioned by the Agriculture, Fisheries & Conservation Department (AFCD) in August 2022.

The feasibility study considered that the development of the WCPs System was feasible and worthwhile, which could effectively conserve the wetlands in the Deep Bay area and enhance their ecological value, promote the modernisation of the aquaculture industry, and provide eco-education and recreation facilities for public enjoyment.

At the same time, the development of the WCPs System could also create environmental capacity for the development of the Northern Metropolis, and achieve co-existence of conservation and development.

The feasibility study recommended developing the WCPs System in phases by developing the Sam Po Shue WCP first.

Subsequently, by making reference to the experience of planning and establishing the Sam Po Shue WCP, further studies on the remaining proposed parks would be reviewed in due course, such as the Hong Kong Wetland Park Expansion Area, Nam Sang Wai WCP, and Hoo Hok Wai WCP – including the Sha Ling/Nam Hang area.

Specific positioning and functions for each Park were recommended by the consultant based on their respective conditions, and broad zonings, including a Biodiversity Zone, Eco-friendly Aquaculture Zone, Fisheries Enhancement Zone and Visitor Zone, were delineated under the conceptual plan of each park.

It was also recommended that the Government oversee the overall management of the whole WCPs System, and manage the different zones within the parks in co-operation with different parties, depending on the relevant functions and operational needs.

Such parties include non-governmental organisations, agriculture and fisheries associations, local communities, private landowners and the private sector.

The AFCD said the recommendations of the report are generally acceptable and would be taken into consideration in the next stage when detailed studies are carried out on the investigation, design and construction of the parks.

MIL OSI Asia Pacific News –

January 25, 2025
MIL-OSI Australia: VIPER Taskforce execute 27 warrants and lay Commonwealth charge of directing a criminal organisation
Source: Australian Department of Revenue

Detectives from the VIPER and Lunar taskforces have this morning charged eight people with Commonwealth offences for their part in directing and assisting an organised crime syndicate.

It will be alleged the syndicate was leasing stores, employing staff as supervisors, store managers and couriers and commencing deliveries under the guise of operating the stores as legitimate gifts and confectionary stores, while selling only illicit tobacco and related products.

Investigators have obtained transactional records which reflect the syndicate earned over $30 million in a 12-month period through the sale of illicit tobacco in these stores.

Supported by the Australian Federal Police (AFP), the Australian Taxation Office (ATO), Australian Border Force’s (ABF) Illicit Tobacco Taskforce and Therapeutic Goods Administration (TGA), officers today executed more than 27 search warrants across Victoria as part of an ongoing investigation targeting serious organised crime in the illicit tobacco market.

With assistance from Taskforce Lunar, the Armed Crime Squad, the Illicit Firearms Squad, Financial Crime Squad, Criminal Proceeds Squad, Joint Organised Crime Taskforce, Echo Taskforce, Cybercrime Squad, Joint Anti-Child Exploitation Team, Wyndham, Knox, Hobsons Bay, Echuca, Cobram, Ararat, Northern Grampians and Geelong Crime Investigation Units, Westgate Divisional Response Unit, Eastern Region Crime Squad and State Highway Patrol, search warrants were executed from 5am this morning at tobacco stores, warehouses and residential addresses statewide.

Three industrial properties in Truganina were searched, as well as residential addresses in Truganina, Hoppers Crossing (3), Glen Waverley, Lara, Grovedale, Footscray and Mount Cottrell, and tobacco stores in Herne Hill, Bell Park, Grovedale, Werribee (2), Dallas, Kensington, Boronia, Ararat (3), Kyabram, Echuca (2) and Yarrawonga.

A 25-year-old Hoppers Crossing man was arrested at Melbourne Airport just before 6:00 am.

He has since been charged with the Commonwealth offence of directing the activities of a criminal organisation, possess tobacco products with the intent of defrauding the revenue (Customs Act 1901), possess proceeds of crime and sell/distribute e-cigarettes.

He will appear at Melbourne Magistrates’ Court later today.

Directing the activities of a criminal organisation carries a maximum penalty of 15 years in prison.

Four other people were arrested and have been charged with the same offences.

They include:
- a 26-year-old Hoppers Crossing man, who will appear at Melbourne Magistrates’ Court later today
- a 21-year-old Hoppers Crossing man, who will appear at Melbourne Magistrates’ Court later today
- a 50-year-old Grovedale woman, and
- a 51-year-old Glen Waverley man, both of whom have been bailed to appear at Melbourne Magistrates’ Court on Monday (28 October).
Five other people were arrested, including:
- a 25-year-old Hoppers Crossing man, who was arrested in Ararat and charged with support a criminal organisation and illicit tobacco offences
- a 46-year-old Ararat man, who was arrested in Ararat and charged with support a criminal Organisation and illicit tobacco offences
- a 38-year-old Tarneit man who was arrested attempting to remove stock from a retail outlet in Werribee. He was charged with support a criminal organisation and illicit tobacco offences
- a 50-year-old Mount Cotterill man was arrested in relation to illicit tobacco and possession of commercial cigarette manufacturing equipment located. He was released and is expected to be charged on summons, and
- a 21-year-old Yarrawonga man was interviewed and released, he is also expected to be charged on summons.
During the warrants, police seized a Lamborghini Coupe and Range Rover from the Hoppers Crossing address, at least 600,000 illicit tobacco sticks, over 75 kgs of loose-leaf tobacco and a significant quantity of cash from the residential addresses as well as utilities and vans investigators will allege were used in the distribution of illicit tobacco.

Searches of the tobacco stores are still underway with total seizures to be confirmed.

The investigation commenced in December 2023 to specifically target and disrupt the trade of illicit tobacco and e-cigarettes linked to this organised crime syndicate.

Over 130 members were involved in today’s activities, including the entirety of the VIPER Taskforce office.

Victoria Police continues to support local councils and the Victorian Department of Health who have responsibility for tobacco and vape enforcement and compliance.

Detectives continue to work alongside external agencies such as the ABF, Australian Criminal Intelligence Commission, AFP, TGA, ATO and interstate counterparts.

Victoria Police has identified a number of state, national and global organised crime syndicates involved in the illicit tobacco conflict.

These syndicates are comprised of personnel from Middle Eastern organised crime groups and outlaw motorcycle gangs who are then engaging local networked youth and youth gangs to carry out the offending.

Investigators continue to appeal to anyone, especially store owners and staff, who have information about these incidents and who is responsible to come forward.

Anyone with information about these incidents or with further information about serious and organised crime linked to the illicit tobacco trade is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential crime report at www.crimestoppersvic.com.auExternal Link

Victoria Police quotes

Crime Command Assistant Commissioner Martin O’Brien said:

“Organised crime syndicates and their serious offending linked to the infiltration of the tobacco industry remain a top priority for Victoria Police.

Those involved have the potential and the propensity to commit serious acts of violence and given their complete disregard for the safety of others, pose a serious risk to the community. Their criminality cannot be tolerated.

The disruption of this syndicate today will have a substantial impact on the illicit tobacco trade. These were significant players who we believe were directing the activity of a criminal organisation, turning a huge profit at the expense of others.

We have said a number of times that Victoria Police is focused on targeting syndicate leaders, directors, facilitators and organisers. That remains critical for us, and we are doing absolutely everything we can to bring this criminality to an end and to make involvement in illicit tobacco as hostile a proposition as possible for organised crime groups.”

ABF quotes

Assistant Commissioner Tony Smith said:

“ABF continues to work closely with our partners to disrupt and deter attempts by criminal syndicates seeking to profit from the illicit tobacco trade in Australia.

We remain committed to seizing illicit tobacco and dismantling these supply chains which we know criminals use to make immense profits as well as to fund a whole host of other nefarious criminal enterprises.”

ATO quotes

Acting Assistant Commissioner Justin Clarke said:

“Today’s whole of government response has been a successful step forward in addressing the Victorian tobacco dispute. These arrests and seizures show our commitment to stamping out illicit tobacco and removing it from our communities.

With the help of our partners, we continue to support coordinated efforts to detect, disrupt, and dismantle these organised crime syndicates who use profits from illicit tobacco to fund other serious illegal activities.

Organised crime costs Australians around $60 billion each yearExternal Link and the illicit tobacco trade not only takes away vital funding from essential community services, but it also disadvantages small businesses who do the right thing.”

MIL OSI News –
January 25, 2025

MIL-OSI Australia: eInvoicing-enabled entities

Source: Australian Department of Revenue

These Australian Government entities are registered on the Peppol network. They appear on the Peppol Directory along with hundreds of state, territory and local government organisations, and thousands of other Australian businesses who can receive eInvoices.

If you supply to any of the entities listed below and can send eInvoices you may be paid faster. For more information visit Getting PaidExternal Link on the Department of Finance’s website or talk to your contract manager in the Government entity about any specific requirements.

Australian Government entities able to receive eInvoices
ABN	Entity name
73 147 176 148	Administrative Review Tribunal
80 246 994 451	Aged Care Quality and Safety Commission
50 802 255 175	Asbestos and Silica Safety and Eradication Agency
92 661 124 436	Attorney-General’s Department
26 331 428 522	Australian Bureau of Statistics
34 864 955 427	Australian Centre for International Agriculture Research
54 488 464 865	Australian Charities and Not-for-profits Commission
97 250 687 371	Australian Commission on Safety and Quality In Health Care
55 386 169 386	Australian Communications and Media Authority
94 410 483 623	Australian Competition & Consumer Commission
11 259 448 410	Australian Crime Commission
84 425 496 912	Australian Digital Health Agency
21 133 285 851	Australian Electoral Commission
17 864 931 143	Australian Federal Police
19 892 732 021	Australian Film Television & Radio School
63 384 330 717	Australian Financial Security Authority
81 098 497 517	Australian Fisheries Management Authority
69 405 937 639	Australian Government Solicitor
47 996 232 602	Australian Human Rights Commission
31 162 998 046	Australian Industrial Chemicals Introduction Scheme
63 257 175 248	Australian Institute of Criminology
64 001 053 079	Australian Institute of Family Studies
65 377 938 320	Australian Maritime Safety Authority
33 020 645 631	Australian National Audit Office
13 059 525 039	Australian Office of Financial Management
56 253 405 315	Australian Organ & Tissue Donation and Transplantation Authority
79 635 582 658	Australian Prudential Regulation Authority
99 470 863 260	Australian Public Service Commission
61 321 195 155	Australian Radiation Protection and Nuclear Safety Agency (ARPANSA)
35 931 927 899	Australian Renewable Energy Agency
35 201 451 156	Australian Research Council
86 768 265 615	Australian Securities & Investments Commission
37 467 566 201	Australian Security Intelligence Organisation
22 323 254 583	Australian Signals Directorate
72 581 678 650	Australian Skills Quality Authority
67 374 695 240	Australian Sports Commission
67 250 046 148	Australian Submarine Agency
51 824 753 556	Australian Taxation Office
11 764 698 227	Australian Trade and Investment Commission
32 770 513 371	Australian Transaction Reports & Analysis Centre (AUSTRAC)
65 061 156 887	Australian Transport Safety Bureau
64 909 221 257	Australian War Memorial
92 637 533 532	Bureau of Meteorology
21 075 951 918	Cancer Australia
44 808 014 470	Civil Aviation Safety Authority
43 669 904 352	Clean Energy Finance Corporation
72 321 984 210	Clean Energy Regulator
60 585 018 782	Climate Change Authority
41 640 788 304	Comcare Australia
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12 862 898 150	Department of Education
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61 970 632 495	Department of Finance
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33 380 054 835	Department of Home Affairs
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86 267 354 017	Department of Infrastructure, Transport, Regional Development, Communications and the Arts
52 997 141 147	Department of Parliamentary Services
36 342 015 855	Department of Social Services
18 526 287 740	Department of the House of Representatives
49 775 240 532	Department of the Parliamentary Budget Office
23 991 641 527	Department of the Senate
92 802 414 793	Department of the Treasury
23 964 290 824	Department of Veterans’ Affairs & the Repatriation Commission and the Military Rehabilitation and Compensation Commission
96 257 979 159	Digital Transformation Agency
13 051 694 963	Director of National Parks
99 696 833 561	Domestic, Family and Sexual Violence Commission
12 212 931 598	eSafety Commissioner
93 614 579 199	Fair Work Commission
49 110 847 399	Federal Court of Australia
20 537 066 246	Food Standards Australia New Zealand
40 465 597 854	Future Fund Board of Guardians
53 156 699 293	Future Fund Management Agency
80 091 799 039	Geoscience Australia
12 949 356 885	Great Barrier Reef Marine Park Authority
27 598 959 960	Independent Health and Aged Care Pricing Authority
26 424 781 530	Independent Parliamentary Expenses Authority
59 912 679 254	Indigenous Land and Sea Corporation
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38 113 072 755	IP Australia
13 679 821 382	Murray-Darling Basin Authority
47 446 409 542	National Anti-Corruption Commission
36 889 228 992	National Archives of Australia
87 361 602 478	National Blood Authority
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56 552 760 098	National Competition Council
25 617 475 104	National Disability Insurance Agency
40 816 261 802	National Emergency Management Agency
27 855 975 449	National Gallery of Australia
88 601 010 284	National Health and Medical Research Council
15 337 761 242	National Health Funding Body
30 429 895 164	National Indigenous Australians Agency
22 385 178 289	National Offshore Petroleum Safety and Environmental Management Authority
67 890 861 578	National Transport Commission
72 581 678 650	National Vocational Education and Training Regulator
40 293 545 182	NDIS Quality and Safeguards Commission
61 900 398 761	North Queensland Water Infrastructure Authority
87 904 367 991	Office of National Intelligence
41 425 630 817	Office of Parliamentary Counsel
80 959 780 601	Office of the Auditing and Assurance Standards Board
92 702 019 575	Office of the Australian Accounting Standards Board
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53 003 678 148	Office of the Commonwealth Ombudsman
41 036 606 436	Office of the Director of Public Prosecutions
43 884 188 232	Office of the Fair Work Ombudsman
15 862 053 538	Office of the Gene Technology Regulator
27 478 662 745	Office Of the Inspector-General of Aged Care
67 332 668 643	Office of the Inspector-General of Intelligence & Security
67 582 329 284	Office of the Official Secretary to the Governor-General
87 767 208 148	Office of the Special Investigator
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25 203 754 319	Rural Industries Research & Development Corporation
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32 745 854 352	Seafarers Safety Rehabilitation and Compensation Authority
90 794 605 008	Services Australia
17 090 574 431	Snowy Hydro Limited
91 314 398 574	Special Broadcasting Service Corporation
70 588 505 483	Sport Integrity Australia
50 658 250 012	Tertiary Education Quality and Standards Agency
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47 641 643 874	Workplace Gender Equality Agency

MIL OSI News –

January 25, 2025

MIL-OSI Global: Rwandan-backed M23 rebel group seeks local power in DRC, not just control over mining operations
Source: The Conversation – Africa – By Ken Matthysen, Researcher, IPIS

The violence wrought by the Rwandan-backed rebel group M23 Movement is often narrowly framed as intended to control eastern Democratic Republic of Congo’s resource-rich mining sites. The rebel group launched its most recent offensive in 2021 and currently controls vast territories in the south-east of North Kivu province, surrounding and cutting off the main city of Goma.

Eastern DR Congo mines produce crucial raw materials such as tin, tantalum and tungsten, as well as abundant quantities of gold. It therefore seems logical to reduce explanations of conflict to the ambition by M23, and Rwanda behind it, to control the mines directly.

We belong to a team of researchers who examine the various dimensions of conflict from different perspectives. Our findings, based on fieldwork and conducted in collaboration with in-country experts, show that this popular analysis does not paint the full picture.

Conflict analysis often ignores historical and local dimensions. Our investigation with the Goma-based civil society organisation Association pour le Développement des Initiatives Paysannes therefore explored the local stakes and impacts of the M23 crisis. We interviewed more than 55 people in North Kivu (DR Congo), including members of M23, as well as soldiers and armed groups fighting them, local chiefs, state agents, teachers, taximen, traders and farmers who live on the frontline of the conflict.

Our research reveals that M23 employs a more profound strategy to boost its position and military strength (through Rwandan support) in local struggles over land, authority and rents. M23’s disruptive strategy aims to replace Congolese authorities and overhaul local governance in areas it controls in eastern DR Congo. Key to this strategy is:
- undermining and replacing local (customary) authorities
- taking over strategic trade routes
- the installation of an elaborate taxation regime.
These strategies also allow M23 – and Rwanda – to generate revenues from the local economy, including rents from DR Congo’s mineral wealth, without necessarily directly controlling mines.

Historical struggles over land

Interviewees attached great importance to the historical context of the M23 conflict, explaining how struggles over land date back to independence in 1960. Going back to the 1930s and 1940s, the Belgian colonial administrators already organised large movements of migrant workers from Rwanda to work on plantations in DR Congo. The Rwandophone migrants and their descendants settled in North Kivu, becoming part of the local population.

After independence, Hutu and Tutsi (Rwandophone) communities began to jostle for control over North Kivu’s fertile farmland with the Hunde and Nyanga communities there. As grievances over access to land and property rights increased, Rwandophone communities were stigmatised as “non-indigenous” and their land claims as illegitimate.

As the Congo Wars broke out in the 1990s, people began seeking recourse to armed groups to settle land conflicts. Before the rise of M23 in 2012, two other groups (Rassemblement Congolais pour la Démocratie and later Congrès National pour la Défense du Peuple) rose to protect the Rwandophone population in eastern DRC. They also grabbed and sold vast concessions of land – held by the state or other communities – to allied farmers and business people. These were typically from the Tutsi community.

Given the country’s complex and under-enforced land laws, land claims became exceedingly difficult to verify or prove. This has strengthened the belief that the only way to secure access to land is by resorting to armed groups. Thus, M23 is perceived as the guardian of the Tutsi community’s access to land.

This perception is well illustrated by a testimony of a local leader in Masisi territory:

The wars of the last three decades have been motivated by a struggle for control over land … Indigenous people are driven out, dispossessed of their land in favour of others who are considered foreigners and refugees. … the M23 is made up of (Tutsi) pastoralists … and there are fields that their rivals had seized … it was one of their (M23) first concerns to start exploiting them.

Most Congolese Tutsi have not asked for this “protection” by M23. But the ensuing grievances and ethnic tensions will haunt the relations between communities for years to come.

Struggles over customary authority

In DR Congo, customary chiefs play an important role in local land governance. They also adjudicate conflicts, bind people together through rituals, and represent the symbolic claim by a specific community to a given place.

Many Congolese we spoke to perceive M23’s main aim to be control of power at the local level — undermining the existing authorities. The group has indeed sought to replace customary authorities with M23-appointed ones, at times assassinating Congolese chiefs. Local sources said M23 even burnt chiefdom archives, destroying evidence of claims to customary authority.

M23’s economic grip

Wherever M23 has a foothold, it installs an elaborate taxation regime. This involves checkpoint tolls, household taxes, dues on business, harvest taxes and forced labour. In doing so, the group generates the revenues to sustain the conflict. But this also strengthens its politico-administrative hold on the population, as taxation is a symbolic interface of public authority.

Local armed groups that joined with the Congolese army to combat M23 deepen the problem. Called wazalendo (“patriots”), they are often unpaid and therefore rely on payments from the population to sustain their counter-offensive. As a result, taxation in eastern Congo has become heavily “militiarised”. Taxed by government forces, wazalendo and M23, civilians pay a heavy toll.

The military nature of local governance could jeopardise future efforts to bring peace to eastern DRC.

What about minerals?

M23 has an impact on all aspects of local governance in eastern DR Congo. It has found ways to control and profit from the local economy in North Kivu, including mineral supply chains. It operates checkpoints along arteries and taxes minerals smuggled to Rwanda, alongside other trade flows.

Having M23 control strategic trade routes in DR Congo, including those crossing into Uganda, is a benefit for Rwanda. From Kigali’s perspective, the resurgence of M23 in 2021 came at a perfect time to block Uganda’s efforts to improve the road network in eastern DR Congo towards its own territory. Rwanda and Uganda are locked in intense competition for Congolese informal trade, re-exporting its timber and minerals as their own, gaining taxes and foreign earnings that ought to benefit the Congolese treasury and population.

What must be done?

DR Congo’s resources play a large role in the M23 conflict, but our study underscores the historical roots of the conflict and its profound local impacts. These findings should inform locally meaningful and sustainable conflict resolution strategies.

Since the M23 revival, land access, trade and security have become increasingly mediated by armed actors. Even after a possible M23 defeat, it will take years of local dialogue and mediation to undo this involvement of militia in local governance, resolve land issues, repair inter-community relations and remake customary authority. But that’s the only way to reach sustainable peace in North Kivu.

Ken Matthysen works for the International Peace Information Service (IPIS)

This publication has been produced with the financial assistance of the Belgian Directorate-General for Development Cooperation and Humanitarian Aid (DGD). The contents of this document are the sole responsibility of IPIS and can under no circumstances be regarded as reflecting the position of the Belgian Development Cooperation.

– ref. Rwandan-backed M23 rebel group seeks local power in DRC, not just control over mining operations – https://theconversation.com/rwandan-backed-m23-rebel-group-seeks-local-power-in-drc-not-just-control-over-mining-operations-231318
MIL OSI – Global Reports –
January 25, 2025
MIL-OSI Africa: Rwandan-backed M23 rebel group seeks local power in DRC, not just control over mining operations
Source: The Conversation – Africa – By Ken Matthysen, Researcher, IPIS

The violence wrought by the Rwandan-backed rebel group M23 Movement is often narrowly framed as intended to control eastern Democratic Republic of Congo’s resource-rich mining sites. The rebel group launched its most recent offensive in 2021 and currently controls vast territories in the south-east of North Kivu province, surrounding and cutting off the main city of Goma.

Eastern DR Congo mines produce crucial raw materials such as tin, tantalum and tungsten, as well as abundant quantities of gold. It therefore seems logical to reduce explanations of conflict to the ambition by M23, and Rwanda behind it, to control the mines directly.

We belong to a team of researchers who examine the various dimensions of conflict from different perspectives. Our findings, based on fieldwork and conducted in collaboration with in-country experts, show that this popular analysis does not paint the full picture.

Conflict analysis often ignores historical and local dimensions. Our investigation with the Goma-based civil society organisation Association pour le Développement des Initiatives Paysannes therefore explored the local stakes and impacts of the M23 crisis. We interviewed more than 55 people in North Kivu (DR Congo), including members of M23, as well as soldiers and armed groups fighting them, local chiefs, state agents, teachers, taximen, traders and farmers who live on the frontline of the conflict.

Our research reveals that M23 employs a more profound strategy to boost its position and military strength (through Rwandan support) in local struggles over land, authority and rents. M23’s disruptive strategy aims to replace Congolese authorities and overhaul local governance in areas it controls in eastern DR Congo. Key to this strategy is:
- undermining and replacing local (customary) authorities
- taking over strategic trade routes
- the installation of an elaborate taxation regime.
These strategies also allow M23 – and Rwanda – to generate revenues from the local economy, including rents from DR Congo’s mineral wealth, without necessarily directly controlling mines.

Historical struggles over land

Interviewees attached great importance to the historical context of the M23 conflict, explaining how struggles over land date back to independence in 1960. Going back to the 1930s and 1940s, the Belgian colonial administrators already organised large movements of migrant workers from Rwanda to work on plantations in DR Congo. The Rwandophone migrants and their descendants settled in North Kivu, becoming part of the local population.

After independence, Hutu and Tutsi (Rwandophone) communities began to jostle for control over North Kivu’s fertile farmland with the Hunde and Nyanga communities there. As grievances over access to land and property rights increased, Rwandophone communities were stigmatised as “non-indigenous” and their land claims as illegitimate.

As the Congo Wars broke out in the 1990s, people began seeking recourse to armed groups to settle land conflicts. Before the rise of M23 in 2012, two other groups (Rassemblement Congolais pour la Démocratie and later Congrès National pour la Défense du Peuple) rose to protect the Rwandophone population in eastern DRC. They also grabbed and sold vast concessions of land – held by the state or other communities – to allied farmers and business people. These were typically from the Tutsi community.

Given the country’s complex and under-enforced land laws, land claims became exceedingly difficult to verify or prove. This has strengthened the belief that the only way to secure access to land is by resorting to armed groups. Thus, M23 is perceived as the guardian of the Tutsi community’s access to land.

This perception is well illustrated by a testimony of a local leader in Masisi territory:

The wars of the last three decades have been motivated by a struggle for control over land … Indigenous people are driven out, dispossessed of their land in favour of others who are considered foreigners and refugees. … the M23 is made up of (Tutsi) pastoralists … and there are fields that their rivals had seized … it was one of their (M23) first concerns to start exploiting them.

Most Congolese Tutsi have not asked for this “protection” by M23. But the ensuing grievances and ethnic tensions will haunt the relations between communities for years to come.

Struggles over customary authority

In DR Congo, customary chiefs play an important role in local land governance. They also adjudicate conflicts, bind people together through rituals, and represent the symbolic claim by a specific community to a given place.

Many Congolese we spoke to perceive M23’s main aim to be control of power at the local level — undermining the existing authorities. The group has indeed sought to replace customary authorities with M23-appointed ones, at times assassinating Congolese chiefs. Local sources said M23 even burnt chiefdom archives, destroying evidence of claims to customary authority.

M23’s economic grip

Wherever M23 has a foothold, it installs an elaborate taxation regime. This involves checkpoint tolls, household taxes, dues on business, harvest taxes and forced labour. In doing so, the group generates the revenues to sustain the conflict. But this also strengthens its politico-administrative hold on the population, as taxation is a symbolic interface of public authority.

Local armed groups that joined with the Congolese army to combat M23 deepen the problem. Called wazalendo (“patriots”), they are often unpaid and therefore rely on payments from the population to sustain their counter-offensive. As a result, taxation in eastern Congo has become heavily “militiarised”. Taxed by government forces, wazalendo and M23, civilians pay a heavy toll.

The military nature of local governance could jeopardise future efforts to bring peace to eastern DRC.

What about minerals?

M23 has an impact on all aspects of local governance in eastern DR Congo. It has found ways to control and profit from the local economy in North Kivu, including mineral supply chains. It operates checkpoints along arteries and taxes minerals smuggled to Rwanda, alongside other trade flows.

Having M23 control strategic trade routes in DR Congo, including those crossing into Uganda, is a benefit for Rwanda. From Kigali’s perspective, the resurgence of M23 in 2021 came at a perfect time to block Uganda’s efforts to improve the road network in eastern DR Congo towards its own territory. Rwanda and Uganda are locked in intense competition for Congolese informal trade, re-exporting its timber and minerals as their own, gaining taxes and foreign earnings that ought to benefit the Congolese treasury and population.

What must be done?

DR Congo’s resources play a large role in the M23 conflict, but our study underscores the historical roots of the conflict and its profound local impacts. These findings should inform locally meaningful and sustainable conflict resolution strategies.

Since the M23 revival, land access, trade and security have become increasingly mediated by armed actors. Even after a possible M23 defeat, it will take years of local dialogue and mediation to undo this involvement of militia in local governance, resolve land issues, repair inter-community relations and remake customary authority. But that’s the only way to reach sustainable peace in North Kivu.

– Rwandan-backed M23 rebel group seeks local power in DRC, not just control over mining operations
– https://theconversation.com/rwandan-backed-m23-rebel-group-seeks-local-power-in-drc-not-just-control-over-mining-operations-231318

MIL OSI Africa –
January 25, 2025
MIL-OSI Global: Coffee price volatility harms the mental health of farmers

Source: The Conversation – UK – By Saurabh Singhal, Associate professor, Lancaster University

Oleg Brusencev/Shutterstock

Coffee is a drink that punctuates many of our lives. Millions of us depend on this dark liquid to start the morning, or to break up the day.

It has also become quite an expensive habit. But before we baulk at paying £5 for a flat white, it’s worth thinking about the price paid by the coffee farmers who provide its base ingredient.

For behind every latte and espresso lies the toil and stress of coffee farmers, who face serious challenges to bring their popular product to the rest of the world. Harvests can be devastated by extreme weather events or pests and plant diseases, while volatile market prices add another layer of worry, making future income uncertain.

This volatility exists in other crops, but especially so for coffee, the price of which is extremely unpredictable. It can rise and fall frequently because of the weather, market demand and the state of the global economy.

Coffee trees take up to four years to grow and produce beans, and cutting them down is expensive, so farmers can’t easily change how much coffee they produce based on price changes.

But price volatility means that farmers can’t be sure about their income at harvest time, which can be incredibly stressful. And our research shows just how much that unpredictability affects farmers’ mental health.

Our work focused on farmers in Vietnam, a country where coffee production has soared over the last three decades. From accounting for just 1.2% of world output in 1989, Vietnam is currently the second largest producer in the world (after Brazil) producing just under 30 million 60kg bags a year. Vietnam produces mainly “robusta” coffee beans, grown by small farmers in the central highlands region of the country.

Using data from a long-running observational survey to assess mental health, we looked at how Vietnamese coffee farmers experienced symptoms of depression including sadness, hopelessness, lack of concentration and poor sleep – and how these were linked to monthly international robusta coffee prices.

Using a range of techniques to interpret the data, we found clear evidence that being exposed to coffee price fluctuations increased depressive symptoms among farmers of the crop. They also had lower overall wellbeing because of greater mental stress and worry over their economic future – and drank more alcohol.

A coffee farm in Vietnam.
Elizaveta Galitckaia/Shutterstock

The impact of all of this uncertainty is significant. According to the World Health Organization, poor mental health is a major contributor to the global burden of disease, especially in low-income countries where mental illness and poverty are closely linked.

Estimates suggest that as much as 80% of the world’s depressive disorder burden is borne by low and middle income countries. But these issues are often overlooked, even though they are crucial to addressing poverty.

What can coffee drinkers do?

There are ways to tackle the mental health effects of coffee price volatility. Initiatives to promote price stability in the global coffee markets and financial literacy among farmers, would be worth pursuing. So too would work to improve mental health support within farming communities, providing resources for coping with stress and building resilience.

Coffee lovers around the world can also play their part by choosing the their drink carefully. Fairtrade certification for example, was set up to help reduce coffee price volatility and the resulting poverty it caused.

It guarantees a minimum price for certified coffee, covering the average cost of sustainable production and reducing the financial risks farmers face. Fairtrade-certified farmers also receive a premium to invest in projects that improve the quality of life for their communities.

And research suggests it is succeeding. A 2005 study of coffee farmers in Nicaragua revealed that Fairtrade farmers are less concerned about the possibility of losing their farm in the coming year compared to conventional farmers. And using data from Costa Rica, research from 2022 has found fair trade certification was effective in increasing farmers’ income.

So the next time you savour your morning cup of coffee, take a moment to consider the people who cultivated the beans which made the drink. Coffee farmers deserve our appreciation – but also our help in establishing fairer, more stable market conditions which safeguard their livelihoods and mental health.

Saurabh Singhal received funding from the University of Copenhagen.

Finn Tarp has over the years received funding from a variety of donors and research funding agencies for work in Vietnam on on development issues . This is relevant only in the sense that is has helped inform about living conditions in the country.

– ref. Coffee price volatility harms the mental health of farmers – https://theconversation.com/coffee-price-volatility-harms-the-mental-health-of-farmers-236833

MIL OSI – Global Reports –

January 25, 2025
MIL-OSI Global: As Colombia hosts a UN biodiversity summit, its own Amazonian rainforest is in crisis

Source: The Conversation – UK – By Jesica Lopez, PhD Candidate, Centre for Environmental and Climate Research, Lund University

Colombia hosts 18% of the world’s bird species – more than any other country. Ariboen / shutterstock

The city of Cali, in Colombia, is hosting the UN’s 16th biodiversity summit, known as Cop16. The summit, which runs until Friday, November 1, is focused on how countries will fulfil previous pledges to protect at least 30% of the world’s land and water and restore 30% of degraded ecosystems by 2030.

It’s a noble aim, yet Colombia itself shows just how far we have to go.

If you travel south east from Cali, over the Andes mountains, you drop into the Amazon basin. From there, rainforest stretches for hundreds of kilometres to the border with Brazil – and far beyond. This rainforest is the main reason Colombia ranks as the fourth most biodiverse country in the world. Nowhere else has as many species of birds. Only Brazil and China have more trees.

But the region is experiencing an environmental crisis. I recently completed a PhD on the northern Colombian Amazon, in which I tracked how the rainforest is fast being deforested and turned into pastures for cattle ranches. I particularly looked at how this affects hotspots of plant and animal life in rugged valleys on the Amazonian side of the Andes – spectacularly biodiverse places even by Colombian standards – and looked at what can be done to protect them.

‘Natural regions’ of Colombia. Most of Amazonia (dark green) is rainforest, along with parts of the Orinoco basin (light green) and the Pacific region (purple).
Milenioscuro / wiki / Geographic Institute Agustín Codazzi, CC BY-SA

This is not an easy part of the world in which to do such work – the NGO Global Witness ranks Colombia as the single most dangerous country for environmental defenders. While documenting legal and illegal cattle ranching, I was often reminded to be aware of exactly who I was contacting and to be wary of which questions I was asking.

Activists and researchers often face violence from those who profit from deforestation, and I had to work closely with organisations and authorities that secured own safety. Very harrowing experiences are not uncommon.

Despite these risks, many continue their efforts, driven by a deep commitment to protecting the Amazon and its biodiversity. Their bravery only underscores the urgent need for stronger protections and enforcement.

Peace led to more deforestation

For decades, the region was mostly controlled by the Farc guerrilla army. The Farc was largely funded by kidnappings and the drug trade, and wasn’t interested in large-scale farming.

All this changed after the government of Colombia signed a peace agreement with the Farc in 2016. Since then, deforestation has increased, as both legal and illegal land tenants have acquired land for farming through what they call “sustainable development” practices. This mostly involves turning forest into pasture for cattle, the main driver of deforestation across Latin America.

Cattle ranches are the main driver of deforestation.
Jordi Romo / shutterstock

Things peaked in 2018, when 2,470 square kilometres of forest was lost in Colombia – equivalent to a circular area more than 50 kilometres across. Rates of deforestation have reduced slightly since then (though the data isn’t very reliable), but appear to be increasing once again in 2024.

The recent increase might be attributed to the demand to produce more coca or rear more cattle, along with pressure from extractive industries like mining. The spread of roads and other infrastructure further into the rainforest have also opened up new opportunities.

Billions more needed to stop deforestation

In its 2018 Living Forest Report, the WWF included Colombia’s Chocó-Darién and Amazon forests in its list of 11 “deforestation fronts” across the planet. These fronts are where it projected the largest concentrations of forest loss or severe degradation would occur in the period till 2030.

No wonder then that Colombia’s environmental crisis has drawn international attention. Countries like Germany, Norway and the UK have supported its efforts to reduce deforestation, pledging about €22 million under the UN’s reducing emissions from deforestation and forest degradation scheme (known as REDD+). This is a good start, but much more is needed.

The Amazon winds through dense forest on the border between Colombia and Peru.
Jhampier Giron M / shutterstock

Indeed, the Global Biodiversity Framework, the international treaty that underlies the Cop16 negotiations in Cali, estimates we’ll need an extra US$700 billion each year to protect biodiversity.

An important issue at the summit is therefore how to mobilise sufficient financial resources, particularly for developing countries. The previous global biodiversity summit, held in Canada in 2022, established that wealthy countries should provide US$30 billion annually to low-income countries by 2030.

Ahead of this year’s summit, countries were expected to submit new national biodiversity plans detailing how they’ll meet the 30% protection goals. Most failed to do so – including Colombia. Despite this setback, delegates in Cali will hopefully develop robust mechanisms to monitor progress and ensure countries are held accountable for meeting their targets.

Other critical issues include reforms to benefit small-scale farmers in the Amazon. The region’s current economic model is centred on reshaping the land and extracting resources, but it has not generated prosperity for these more sustainable farmers. That same economic model has also failed to protect the forest itself.

The summit should also work towards recognising indigenous peoples’ rights and traditional knowledge, and including their voices in policy decisions, and must address violence against environmental defenders.

These are all huge issues in Colombia and indeed any country where cattle farmers are eyeing up pristine rainforest. The summit in Cali represents a great opportunity for the world to seriously tackle the dual biodiversity and climate crisis.

Don’t have time to read about climate change as much as you’d like?

Get our award-winning weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

Jesica Lopez works for Lund University.

– ref. As Colombia hosts a UN biodiversity summit, its own Amazonian rainforest is in crisis – https://theconversation.com/as-colombia-hosts-a-un-biodiversity-summit-its-own-amazonian-rainforest-is-in-crisis-241776

MIL OSI – Global Reports –

January 25, 2025
MIL-OSI USA: UConn Honors Faculty, Staff, Students, and Community Partners at Provost’s Awards Ceremony
Source: US State of Connecticut

The University of Connecticut celebrated its outstanding faculty, staff, students, and community partners at the annual Provost’s Awards Ceremony held this month. The event recognized exceptional contributions to UConn’s academic mission, innovative research, and community engagement, highlighting the remarkable impact these individuals and groups have made within the University and beyond.

Provost Anne D’Alleva, who hosted the ceremony, opened the event by reflecting on the significance of honoring those who have made a lasting difference at UConn. “This evening, we celebrate the achievements of individuals whose dedication and innovation inspire us all. Their work enhances UConn’s reputation as a top public research institution, while also enriching the lives of our students, their fields of study, and the communities we serve.”

Among the honorees were faculty who excelled in teaching, research, and service, as well as community partners whose collaborations with UConn have had a profound impact on local communities. The ceremony also highlighted students for their leadership and commitment to community engagement and staff members for their dedicated service in support of student success.

The evening featured special recognitions, including the Alumni Faculty Excellence Award, Provost’s Outstanding Service Award, and the Provost’s Award for Excellence in Community Engaged Scholarship, which acknowledges outstanding contributions to addressing critical community issues through collaborative efforts. The ceremony concluded with a celebration of the Board of Trustees Distinguished Professor awardees, UConn’s highest faculty honor, including Dr. Nora Berrah, Dr. Ki H. Chon, and Dr. Crystal L. Park, whose pioneering work in their respective fields has brought distinction to UConn.

A full listing of the honorees is below.

Alumni Faculty Excellence Award
- Kari Adamsons, Human Development and Family Sciences
- Senjie Lin, Marine Sciences
- Annamaria Csizmadia, Human Development and Family Sciences
Provost’s Outstanding Service Award
- Caroline Dealy, UConn Health
- Steve Zinn, Animal Science
- Michael Finiguerra, Marine Sciences
Provost’s Award for Excellence in Community Engaged Scholarship
- Faculty
  - Stephany Santos, Biomedical Engineering (Emerging Faculty Instructor)
  - Dan Burkey, Chemical & Biomolecular Engineering (Distinguished Faculty Instructor)
  - Tatiana Andreyeva, Agricultural and Resource Economics (Emerging Faculty Community Impact)
  - Angela Bermúdez-Millán, Public Health Sciences (Distinguished Faculty Community Impact)
  - Roman Shrestha, Allied Health Sciences (Emerging Faculty Research Scholar)
  - Richard Pomp, Law (Distinguished Faculty Research Scholar)
  - Erin Cova, UConn School of Medicine (Graduate Student)
  - Letian Sun, Undergraduate Student
- - Megan Delaney, School of Pharmacy
- Community Partners
- - Erica Fearn, 4-H Education Center at Auerfarm
  - Herb Virgo, Keney Park Sustainability Project
  - Mashantucket Pequot Tribal Nation, accepted by Jeremy Whipple, Executive Director of Department of Agriculture
- Institutional Impact
- - UConn Writing Center, accepted by Tom Deans, Director
  - Nadine Brennan, David Embrick, Cynthia Miranda-Donnelly, Janice Castle, and Kim Schwarz, Research on Resilient Cities, Racism, & Equity Initiative (RRCRE)
Board of Trustees Distinguished Professor
- Nora Berrah, Physics
- Ki H. Chon, Biomedical Engineering
- Chrystal L. Park, Psychological Sciences
MIL OSI USA News –
January 25, 2025

Category: Farming

Washington Rail Systems to Receive $115M in Infrastructure Upgrades

Nine projects awarded include $37.7M for RR that moves Eastern WA wheat, $26.3M for Port of Kalama rail expansion to load grain exports faster; Awards also go to projects in Tacoma, Moses Lake, Chewelah, Rainier, Ferry County, and Puget Sound Rail Corridor

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What has changed?

Recent news

Victoria Police quotes

ABF quotes

ATO quotes

Historical struggles over land

Struggles over customary authority

M23’s economic grip

What about minerals?

What must be done?

Historical struggles over land

Struggles over customary authority

M23’s economic grip

What about minerals?

What must be done?

What can coffee drinkers do?

Peace led to more deforestation

Billions more needed to stop deforestation