Category: Germany

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

    Source: Deutsche Bundesbank in English

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

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

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

    MIL OSI

    MIL OSI Europe News

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

    About Himax Technologies, Inc.

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

    http://www.himax.com.tw

    Forward Looking Statements

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

    Company Contacts:

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

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

    The MIL Network

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

    Source: United Kingdom – Executive Government & Departments 3

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

    Joint statment:

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

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

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

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

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

    Updates to this page

    Published 14 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Australia: Plimsoll Address

    Source: Australian Government – Minister of Foreign Affairs

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

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

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

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

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

    High Commissioner in London and Delhi…

    And even Governor of this great state of Tasmania…

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

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

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

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

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

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

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

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

    Where no country dominates, and no country is dominated.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    A powerful articulation of the motivation for our humanitarian work.

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

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

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

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

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

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

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

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

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

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

    We will focus on three priorities.

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

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

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

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

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

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

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

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

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

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

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

    We are transforming our economy.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Right now, the suffering across the region must end.

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

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

    I repeat that call again. 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Leaders must govern for the whole country.

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

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

    There is vast power in that.

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

    Yet it’s also something we need to nurture. 

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

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

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

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

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

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

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

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

    We are rebuilding our diplomatic relationships.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    Where sovereignty is respected and civilians are protected. 

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

    Thank you.

    MIL OSI News

  • MIL-OSI: The Eclipse Foundation Releases the 2024 Jakarta EE Developer Survey Report

    Source: GlobeNewswire (MIL-OSI)

    BRUSSELS, Oct. 15, 2024 (GLOBE NEWSWIRE) — The Eclipse Foundation, one of the world’s largest open source software foundations, today announced the availability of the 2024 Jakarta EE Developer Survey Report, the industry’s most prominent survey for technical insights into enterprise Java. The results showcase a significantly increased growth in the use of Jakarta EE and a growing interest in cloud native Java overall. The 2024 Jakarta EE Developer Survey Report can be downloaded in its entirety here.

    “The growing adoption of Jakarta EE and cloud native Java technologies shows that the enterprise Java ecosystem continues to evolve in line with modern development practices,” said Mike Milinkovich, executive director of the Eclipse Foundation. “With Jakarta EE 11 on the horizon, we are committed to delivering innovations that align with the evolving needs of the enterprise Java ecosystem.”

    Now in its seventh year, the Jakarta EE Developer Survey continues to be a vital resource for understanding developer needs, preferences, and trends within the Java ecosystem. It also offers business leaders valuable insights into the evolving landscape of cloud native enterprise Java, helping them shape their strategies. Conducted from March 19 to May 31, 2024, the survey gathered insights from 1409 participants, providing a comprehensive snapshot of the current state of enterprise Java.

    Key findings from the 2024 survey include:

    • Spring/Spring Boot remains the leading Java framework for cloud native applications, while Jakarta EE and MicroProfile have seen notable growth.
    • Jakarta EE adoption continues to rise, with 32% of respondents having migrated (up from 26% in 2023).
    • Jakarta EE 10 adoption has doubled to 34%, indicating a strong shift towards newer versions, while usage of Java EE 8 has declined from 46% to 40%.
    • Interest in aligning Jakarta EE with Java SE innovations, such as Records and Virtual Threads, has also grown (37%, up from 30% in 2023).
    • The top five priorities for the Jakarta EE community include better support for Kubernetes, microservices, adapting to Java SE innovations, support for testing improvements, and faster innovation.

    The Jakarta EE community welcomes contributions and participation from individuals and organisations alike. With the Jakarta EE Working Group hard at work on the upcoming Jakarta EE 11 release, which includes innovative cloud native features, there’s no better time to join this vibrant community and make your voice heard. Get involved and connect with the global community by visiting us here.

    For organisations that rely on enterprise Java, the Jakarta EE Working Group offers a unique opportunity to shape its future. Membership not only supports the community’s sustainability but also provides access to marketing initiatives and direct engagement with key contributors. Explore the benefits of membership here.

    Quotes from Jakarta EE Working Group Member Organizations

    IBM

    “Jakarta EE continues its drive to deliver innovation developers can use as shown by its widespread and increasing adoption,” said Ian Robinson, CTO IBM Application Runtimes. “With a combination of standard APIs and operational efficiency in our Liberty runtime and tooling, IBM is bringing complete Jakarta EE compatibility and production support, along with MicroProfile, making it ideal for cloud native applications.”

    Microsoft

    “We are glad to see the Java ecosystem continue to remain vibrant, including both Spring and Jakarta EE,” said Scott Hunter, Microsoft VP of Product, Azure Developer Experience. “We are especially proud to play a key role in the upcoming Jakarta EE 11 release alongside our partners Oracle, IBM, Red Hat, and Broadcom.”

    Oracle

    “The survey shows growing adoption of and interest in Jakarta EE and MicroProfile technologies, along with the latest Java versions, in microservices and hybrid architectures, across multiple clouds, with AI integration,” said Tom Snyder, VP of Engineering, Oracle Enterprise Cloud Native Java. “Oracle’s investments in WebLogic Server, Helidon, Coherence, Java and AI are aligned with these trends. We’re excited to be working with the community to build future generations of enterprise Java.”

    Payara

    “Payara strongly believes that Jakarta EE offers an ideal platform to support the development of future-proof, forward-looking applications, and the 2024 Jakarta EE Developer Survey Report reaffirms this vision,” said Steve Millidge, CEO and Founder at Payara Services. “The growing adoption of Jakarta EE, especially with the upcoming Jakarta EE 11 and the creation of the Jakarta EE Future Directions Interest Group, underscores its ability to evolve and meet the ever-changing demands of modern enterprise environments. Payara is committed to supporting Jakarta EE’s evolution, as we see its flexibility, standardisation, and vendor-neutrality as key enablers for developers building the cloud native, scalable, and interoperable applications of the future.”

    About the Eclipse Foundation
    The Eclipse Foundation provides our global community of individuals and organisations with a business-friendly environment for open source software collaboration and innovation. We host the Eclipse IDE, Adoptium, Software Defined Vehicle, Jakarta EE, and over 420 open source projects, including runtimes, tools, specifications, and frameworks for cloud and edge applications, IoT, AI, automotive, systems engineering, open processor designs, and many others. Headquartered in Brussels, Belgium, the Eclipse Foundation is an international non-profit association supported by over 385 members. Visit us at this year’s Open Community Experience (OCX) conference on 22-24 October 2024 in Mainz, Germany. To learn more, follow us on social media @EclipseFdn, LinkedIn, or visit eclipse.org.

    Third-party trademarks mentioned are the property of their respective owners.

    Media contacts:
    Schwartz Public Relations for the Eclipse Foundation, AISBL (Germany)
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    EclipseFoundation@schwartzpr.de
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    benoit@514-media.com
    M: +44 (0) 7891 920 370

    The MIL Network

  • MIL-OSI Asia-Pac: Rare Observation in Hidden Structure in Crystals Brings New Paradigms in Material Design for Advanced Energy Solutions

    Source: Government of India

    Posted On: 15 OCT 2024 3:34PM by PIB Delhi

    Researchers have made a rare observation where the local crystal structure symmetry or the arrangement of atoms in the immediate vicinity of a given atom, in a crystal, reduces upon warming, contrary to the usual trend of symmetry of crystal structures increasing with rising temperatures. The study underlines the significance of chemical design in triggering unconventional phenomena in crystalline materials useful for phononics, thermoelectrics and solar thermal conversion.

    Symmetry breaking plays a crucial role in fundamental chemistry and physics. A familiar manifestation of this phenomenon is the transition of a gas to a liquid and eventually to a solid upon cooling, with each phase transition involving a reduction in symmetry.

    Thermodynamic factors like entropy (measure of disorder) and enthalpy (measure of total energy stored) of a system determines how the system responds to changing conditions like temperature fluctuations.

    Traditionally, it is believed that as a material is heated, it tends to adopt a higher crystal symmetry due to the favourable increase in entropy.

    However, recent findings by Prof. Kanishka Biswas, Ms. Ivy Maria, Dr. Paribesh Acharyya and other team members at Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bangalore, an autonomous institute of Department of Science and Technology, challenge this conventional understanding, especially at the local structural level of a crystal.

    Local structure of a crystal is the arrangement of atoms in the immediate vicinity of a given atom in a crystal, typically within the collection of the first and second nearest neighbour atoms around a specific atom, technically known as the first and second atomic coordination environments respectively.

    In an ideal crystal, the local structure mirrors the global structure, but in certain rare cases, they can diverge. This is precisely what the team observed in an all-inorganic two-dimensional halide perovskite, Cs2PbI2Cl2 that belongs to the family of Ruddlesden-Popper halide perovskites (class of materials with a specific crystal structure).

    Contrary to the usual trend where heating increases symmetry, this compound exhibits a decrease in local symmetry with rising temperature, while the global crystal symmetry remains unchanged. This occurs due to configurational averaging, where the distorted local symmetries average out at longer length scales, leaving the global structure intact.

    This phenomenon of local symmetry breaking upon heating is termed “emphanisis,” meaning “appearing out of nothing.” The team employed an advanced synchrotron X-ray technique which simultaneously reveals both the local and global structures of solids from their X-ray diffraction patterns, to investigate emphanisis.

    The synchrotron X-ray experiments were done in DESY, Hamburg, Germany under the India-DESY collaboration supported by Department of Science & Technology (DST), India.

    The researchers traced this unusual local symmetry breaking to the stereochemically active lone pair of lead in the compound.

    Interestingly, Cs2PbI2Cl2 accommodates two types of structural distortion — static distortions in chlorine atoms and dynamic distortions in lead atoms. These distortions result from the complex interplay between different structure-distorting effects driven by the interactions between the mixed halide (Cl and I) motif and the active lone electron pair of lead in Cs2PbI2Cl2. The distortions happen because of a competition between a mix of structure-distorting forces that arise because of interaction of different parts of the material (the mixed anions- Cl and I) with the lone electron pair on the lead atoms in Cs₂PbI₂Cl₂.

    The high temperature “emphanitic” phase is characterized as a disordered distorted state, existing at the intersection of an ordered undistorted state and an ordered distorted state.

    “Emphanisis” is a promising strategy for achieving intrinsically low lattice thermal conductivity in crystalline materials. Such materials are highly sought after for their fundamental importance and diverse applications, including phononics, thermoelectrics, solar thermal conversion, and various heat management systems.

    The study now published in Advanced Materials, underscores the fundamental and functional significance of chemical design in creating unconventional phenomena in crystalline materials. The findings suggest that understanding these thermodynamic subtleties can lead to intriguing structural transformations with broad applications.

    Publication link: https://doi.org/10.1002/adma.202408008

     

    Figure 1. Schematic representations showing the evolution of local structure of a system exhibiting emphanisis.

    Prof. Kanishka Biswas (left) and Ivy Maria (right) at Solid State Chemistry Lab, JNCASR, Bangalore.

     

    ***

    NKR/DK/AG

    (Release ID: 2064973) Visitor Counter : 11

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Thales radios successfully tested by the German Armed Forces to be deployed within the NATO enhanced Forward Presence

    Source: Thales Group

    Headline: Thales radios successfully tested by the German Armed Forces to be deployed within the NATO enhanced Forward Presence

    • The German Armed Forces conducted operational tests with PR4G and SYNAPS-H Thales radios to demonstrate their suitability for the needs of the multinational Battalion Group deployed by NATO.
    • Within one year, Thales has successfully delivered to the German Armed Forces radio equipment for the NATO enhanced Forward Presence (eFP).
    • These 4-week operational tests demonstrated that Thales radios are interoperable and secure.
    @Thales

    Thales radios for use in NATO enhanced Forward Presence were tested in an intensive four-week operational trial under the direction of the Army Development Office. These tests were conducted with the participation of the Army Development Office, the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw), the German Army’s “Test and Trial” teams and Dutch and French Armed Forces.

    The particular focus of the procurement was to provide modern, encrypted, electronic counter countermeasure (ECCM)-capable command and control radios for the multinational deployment of the enhanced Forward Presence, which can transmit voice in parallel with data and their own position.

    “During the four-week operational test, Thales PR4G and SYNAPS-H radios met the requirements so effectively that the system is deemed suitable for introduction into the German Armed Forces.. We are very pleased that there are no more obstacles for the operational use of the radios in Lithuania, where the deployed forces will have protected, modern radios.” added Christoph Ruffner, CEO and Country Director, Thales Deutschland.

    Although the soldiers had not received any training, only a short briefing, it was possible to establish operational readiness in under an hour..The radios also impressed with a stable radio network and in the range tests.

    The purpose of NATO enhanced Forward Presence is to strengthen its defensive and deterrent posture on Europe’s eastern flank. NATO battlegroups are deployed to the Baltic states of Estonia, Latvia and Lithuania as well as to Poland and led by the United Kingdom, Canada, Germany and the United States respectively.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Text of Vice-President’s address at Inaugural Session of the International Conference for CA Members at Birla Auditorium, Jaipur

    Source: Government of India (2)

    Very good morning to all of you,

    I have a long association with your fraternity, I am one of you.

    I am absolutely delighted to be amongst you all. I take it as a great privilege and honour to address such a powerful group that is destined to shape the destiny of this nation. 

    Respected dignitaries, esteemed members, and everyone present here. 

    To be at the inaugural session and to connect with you is like generating a connect with the economy of the nation, with the industry of the nation, with trade of the nation, with commerce of the nation, with professionals of the nation, and anyone and everyone who matters. Thank you for this rare opportunity. 

    Chartered accountants are unsung heroes but now their presence is being felt. The past unsung stories are getting louder and louder in high decibels, resonating in our ears for the larger good of the nation. You make stakeholders in our growth trajectory more relevant and accountable. In an era of rapid globalisation, economic interconnectedness is imperative. By virtue of your training, your intellect, and experience, you are a real bridge, you are watchdogs and guardians of financial integrity. 

    When that book was given to me, what I wrote?, I will reveal. Be a beacon of transparency and accountability, and you are one. This transparency is not just a statutory requirement, a ritualistic formality. It is the very foundation of trust in our financial systems by providing sound financial advice and strategic insights, and I am aware, you alone are capable of do it by hand-holding young entrepreneurs. You enable businesses to make informed decisions, sometimes innovative decisions. You generate in them a futuristic outlook, and thus you act as catalysts for growth and innovation, both of which are good pillars of governance. 

    India’s remarkable economic journey has made impact globally. We have exponential economic upsurge, taking the nation to be the fifth-largest global economy, on the way to becoming the third one ahead of Germany and Japan but our target is very different, and the Prime Minister has unfolded his vision. The vision is, we have to be a developed nation, no one knows better than this category of people here what is meant by a developed nation.

    The challenge is daunting but achievable, given our expertise in human resources and we will have to undertake a journey by making our per capita income eight-fold. A challenge we will surely meet.

    क्योंकि पूरे देश में एक बहुत बड़ा हवन हो रहा है। वह हवन है विकसित भारत के लिए। उसका लक्ष्य है 2047 में भारत का विकसित होना। उस हवन में हर किसी की आहुति की आवश्यकता है, मेरे मन में कोई शंका नहीं है यदि पूर्ण आहुति कोई देगा, तो वह आपकी fraternity देगी।

    We have made remarkable progress in the World Bank’s ease of doing business rankings and this is a testament to the collective efforts of various stakeholders, important among them being chartered accountants fraternity. 

    Dear friends, we are the only country in the world that has a civilisational ethos of 5,000 years. Ethics is in our blood, ethics is our DNA and you know it more than I do that ethics in accounting and auditing are the cornerstone of trust and demand unwavering commitment to ethical practices. There can be no calibration of it, it has to be 100%. It is not optional, it is the only way. 

    In this digital age, the landscape of accounting and auditing is evolving rapidly as was indicated, artificial intelligence, blockchain, machine learning, data analytics, and the other technologies which we club as disruptive technologies. You will be happy to note that India is amongst the countries in single digits who are bestowing attention on this critical aspect. 

    Only yesterday, the governor of the Reserve Bank of India cautioned what has been indicated here also. We have to keep artificial intelligence in captivity rather than being its captive. Artificial intelligence and the kind are challenges and opportunities, we have to convert these challenges into opportunities. I have no doubt that the organisation will take all steps in this direction.

    The harmonisation of Indian accounting standards with international financial reporting standards is a significant step, for which I congratulate you. Chartered accountants are just not numbers. I remember a situation when I was a lawyer, they used to say, anecdotally, chartered accountancy मे पास होना मुश्किल है और वकालत में फेल होना मुश्किल है, आजकल हालत बहुत बदल गए हैं और लीगल एजुकेशन भी आपकी तरह बहुत प्रोफेशनल हो गया है मैं मेरे जमाने की बात कर रहा हूं।  Chartered accountants are not just number crunchers or compliance officers. Your job is not mechanical, I would go to the extent of saying that your job is emotive also because we know sometimes industrial houses, and in our country they are normally partnership-driven or family-driven. Someone labelled to me, when I was a member of the International Court of Arbitration at Paris,  It was indicated to me India has unique concept of corporates, and that is family corporates. You have a challenge to keep it in harmony, to see it doesn’t become dysfunctional, it doesn’t get into disruption groove and I am sure you know it more than I do. 

    More often than not it is behind the scenes. It is crucial in building a strong, transparent, and vibrant economy. Now, for us, challenge is very different because we are on the rise as never before, and our rise is unstoppable. Our rise is on an incremental trajectory and when you are in such a flight for the economy, you have to be extra careful that can be done only by your organisation. 

    First, and I would urge, a collective, nationalistic outlook is the very basis of economic prosperity. Which I assume all of you are primarily interested in because it doesn’t require much explanation. We cannot be pyramidical, we have to be plateau, that’s our culture. We take everyone along with us. That is why in G20 we gave the word of motto: One world, one family, one future ‘Vasudhaiva Kutumbakam’.

    Our national discourse needs more conversation about this nationalistic outlook because today, more than ever, we need our citizens to be nationalistic. How can we, in this country, ever imagine that we will have partisan interest, personal interest, fiduciary interest, self-interest, ahead of national interest? That we see quite often. You can take a great lead very successfully in this direction. After braving many challenges, we have come a long way, from a ship-to-mouth country to the world’s fastest-growing large economy in a few generations’ time. With this rise, internal and external challenges grow. 

    I was elected to parliament in 1989, and I know the situation then. Our foreign exchange reserve, with which you all are concerned, was around 1 billion US dollars. सोने की चिड़िया कहलाने वाले देश का सोना स्विट्जरलैंड के दो बैंकों में गिरवी रखना पड़ा। It was shipped by air to sustain our credibility and what a proud moment at the moment! Our foreign exchange reserves are more than 700 billion. That’s a great accomplishment. 

    Therefore, the greatest challenge I must advert to is a challenge that is growing day by day. The challenge has taken menacing proportions, it is alarmingly worrisome, and that is narratives and efforts are afoot to upset our social cohesion. We, therefore, all have to work with passion and in missionary mode to build a cohesive society that thinks in nationalistic terms and is not ridden by factions of caste, creed, colour, culture, conviction, and cuisines.

    We are all absorbing, let me describe the scene. We as a majority are all-embracing, we as a majority are tolerant, we as a majority generate a soothing ecosystem and we have a counterpoint writing on the wall the other kind of majority that is brute, ruthless, reckless in its functioning, believes in trampling all values of the other side. The difference has to be noticed.

    Friends, when you think as a citizen of this great civilisational state Bharat, home to one-sixth of humanity and a place known in the world for incredible human genius, we will have to leave behind the narrow parochial divisions. A citizen with a nationalistic outlook will have no difficulty in embracing diversity, he or she celebrates this country’s glorious past regardless of his or her faith, because that is our shared cultural heritage. हमारे shared cultural heritage पर कुठाराघात हो रहा है, उसको हमारी कमजोरी बताने का प्रयास हो रहा है उसके तहत देश को ध्वस्त करने की योजना बनी हुई है ऐसी ताकतों पर वैचारिक और मानसिक प्रतिघात होना चाहिए।

    The people before me are nerve centres and epicentres of this wholesome narrative. Such unity and cohesion is the very basis of economic prosperity. We are having exponential growth, our developmental journey in infrastructure has the world stunned. Global institutions, the IMF, the World Bank, are accolading India for a variety of reasons, digitisation in particular but this economic rise becomes fragile when social unity is disturbed when the fervour of nationalism dies when anti-national forces within and without generate in this country divisiveness. We have to be mindful of that. 

    Our society is known through centuries to hand-hold the challenged, the marginalised, the vulnerable, the weaker. It is soothing to note that a number of government schemes have generated an ecosystem where everyone now can exploit his or her potential, realise dreams, and fructify aspirations but your role is also enormous in that, and I am sure, like all you have done so far, this too will be addressed. 

    No one has the right to take the law into one’s hands. That is universal, there was a time when some people thought they were above the law, they were privileged. कानून उनका कुछ नहीं बिगाड़ सकता, कानून के हाथ उन तक नहीं पहुंच सकते उन हालात में बड़ा बदलाव आ गया है। जब बदलाव आ गया है तो भी आज के दिन हम देख रहे हैं जिम्मेदार लोग संवैधानिक पदों पर बैठे लोग कानून की परवाह नहीं करते, देश की परवाह नहीं करते कुछ भी बोल देते हैं और वह ऐसे ही नहीं बोलते This is emerging as a sinister design, well-structured by forces that are inimical to India. 

    तो आप जो इतना कर रहे हो और जिसके नतीजे आज के दिन हर भारतीय सुखद तरीके से महसूस कर रहा है उसको चकनाचूर करने की जो योजना कुछ लोग बना रहे हैं हमारी प्रगति उनको पच नहीं रही है। We can’t be crazy for political power, political power has to emanate from the people. It has to emanate from the people through a democratic process that is sanctified. 

    I will make an appeal to you in particular because that is the brief you alone can handle and that is economic nationalism. Imagine the fate of this country, billions of foreign exchange is being drained out every year by engaging in avoidable imports – shirts, trousers, shoes, carpets, furniture, kites, diya, toys, and what not. We are inflicting three things.

    We are depriving our people of work, we are draining our foreign exchange, we are blunting entrepreneurship. Now imports of avoidable items are being done by whom? Those who place their fiscal gain ahead of national interest. 

    I appeal to you, no fiscal gain, irrespective of quantum, can be justification for avoidable imports. Your fraternity can play a big role, it will be a great service to the nation. 

    Second, no one knows better than you do when raw material is exported outside the country. Iron ore, for instance, go to Paradip Port. We declare to the world we are not capable of adding value to it. Why should our raw material go beyond the shores of this country without value addition? If we add value, we will certainly be generating employment, entrepreneurship will blossom.  You have a great role to play, no one can play that role more than you can because you to hand-hold the entrepreneur that what you are making in your cosy rooms, you will make much more. Get sublime satisfaction, and you will be contributing to national welfare. I am sure this must be handled by you by brainstorming. 

    Friends, optimum utilisation of natural resources, you know it, you have to curb it. Our economic prowess, our financial strength cannot be a determining factor as to how he or she will utilise natural resources. They are trustees. Let us focus on that. 

    Friends, I am happy that this outfit is at par with global standards and in some areas, in the lead, speaking of change, we must embrace the growing demand for ESG audits as a significant opportunity for our profession with stakeholders increasingly prioritising environmental sustainability, auditors could access a company’s ESG performance and ensure compliance with regulations. 

    I have no doubt, and everyone will agree and young girls, short-sighted accountants will agree immediately.अपने पास रहने के लिए धरती के अलावा और कोई प्लेनेट नहीं है। We have to pass it on to future generations, at least in some repairing mode, we have done enough damage to it.

    I am before audience that has a huge potential to generate a sustain economy, give it cutting edge through innovation and research. Global economies have prospered because they are engaged in research and development. 

    CSR has to be in a motivational groove. You have to nurture research that will give the entire nation a greater respect in the world. When in research and innovation we are ahead of others, that gives cutting edge to our soft diplomacy also. I have said all this because the organisers have very wisely, thoughtfully, given a theme for this conference.

    ‘Synthesizing The Profession’ that is need. We have to be in sync, we have to be in synergy, we have to be in synthesis. We have to work in tandem and togetherness. We all are stakeholders because we swim or sink together that feeling has to come. 

    Chartered accountants, I have no doubt, are the nerve centre and epicentre of big change. You can bring the change which you believe. I have no doubt, no legal transgressions can take place. There can be no dilution of transparency and accountability unless the chartered accountant looks the other way. You have seen global giants in chartered accountancy collapsing for ingratiating with the client management. Management and stakeholders, shareholders, the difference has to be understood. The trust of the stakeholders, the shareholders, is in your hands. It is your mandate, your ordainment, your obligation to see that the management is kept close to ethics, optimal utilisation, and giving the best to the shareholders. 

    Your role in combating corruption, uncovering malfunctions, and detecting corporate frauds is much beyond any investigating agency. They have to learn it, you know it so seamlessly that you are like a duck taking to water.  Investigating agencies have to learn, they learn through you that is an area we must focus on. 

    Tax evasion and financial frauds, they may help some, these days they don’t help anyone. The long arm of the law is working in an overzealous manner to serve the country, to see that such kinds of people who seek to monetise fraud, corruption, scams for fiscal gain, are learning their lesson the hard way. You are custodians and watchdogs, and therefore you cannot even for a moment take reprieve from this duty. This is not a duty emanating from your statute, its duty emanating from you being the citizen of this country, and therefore, please engage in this area. 

    In a country like ours, ethics is non-negotiable. घर के अंदर भी देखिए, बड़े बुजुर्ग पहले कोई गलत काम नहीं होने देते थे, अचानक घर के अंदर ज्यादा संपन्नता आ गई। पूछते थे कैसे आ गई? अब उन बड़े बुजुर्गों का काम तो आप लोग करते हैं I am sure you will do it. 

    Friends, I will be availing myself of this opportunity because I take you to be beyond chartered accountants. I take you as very responsible citizens of this great nation. India, Bharat, is a stabilising global force. This force has to emerge, this century has to belong to Bharat, and that will be good for humanity, that will contribute to peace and harmony on the planet. Therefore, it will be a national disservice of extremity if we turn Nielsen’s eye to the dangers of demographic upheavals that are taking place in this country. Organic, natural demographic change is never upsetting but a demographic change brought about in a strategic manner to achieve an object offers a scene that is frightening. 

    Analysing this menacing development over the last few decades will turn out to be an eye-opener. Take any state and you will find demographic change has a pattern. That pattern offers a challenge to our values, to our civilisational ethos, to our democracy. If this challenge, which is alarmingly worrisome, is not addressed in a systemic manner, it will graduate to an existential challenge. It has happened in the world. I need not name countries that have lost their identity 100% because of this demographic disorder, demographic earthquake. Demographic disorder is no less severe in consequences than a nuclear bomb. Mind you, young boys and girls in particular who are chartered accountants, mine is a moderate statement. You look at the global landscape and you will find the devastating consequences in the shape of loss of human rights, human values, democracy being the last option. 

    In some countries, even the developed world is feeling its heat but in our country, when we seek to address this draconian problem, there are voices that talk on a different level. Every one of us and each one of us has to be alive 24×7 to ensure this does not happen anymore. There is a proverb that says, if you are going in the wrong lane, you are not on the right path. The first thing is you must immediately stop and then contemplate taking a U-turn. The more you delay in taking a U-turn, you are creating your problems, not arithmetically but geometrically. 

    Look at our culture, our inclusivity and unity in diversity are facets of affirmative, positive social order, very soothing. We are for all with open arms and what is happening? This is being shaken and severely compromised by these demographic dislocations, evil design divisiveness on the plank of caste and the like also. 

    Let me slightly elaborate, demographic dislocation is turning out to be a fortress of political impregnability in democracy when it comes to elections in some areas. We have seen this change in the country so much is the demographic change that the area becomes a political fortress. Democracy has no meaning, elections have no meaning at all. Who will be elected turns out to be a foregone conclusion and this area in our country, unfortunately friends, is increasing. We must be alive to this danger. We owe it to our future generations that this civilisation that has ethos of 5000 years, its essence, its sublimity, its spirituality, its religiosity cannot be allowed to be destroyed before our eyes. Therefore, please think about it.

    I would say this is a monster, this monster is unregulated, this monster is being propagated by people who we take as wise people. Some in politics have no difficulty in sacrificing national interest for next day’s newspaper headline or getting some minor petty partisan interest served. 

    Friends, I have no doubt that you all will share my sentiment that all these misadventures to change the landscape of this land have to be neutralised by exemplification to preserve our roots and basics. We see all around there are some champions only of grammar of anarchy. They do it as a design, as a strategy. They orchestrate a narrative. Wings are given to the narrative. It is unregulated. 

    I will appeal to you, time for all of us to be aware of it. India’s 5 trillion economy, we are close to it. There will be more in the line that’s what we are going to do.

    I thought, If I don’t share my mind with people who have the capacity to change and the only constant in life is change, we must not be allowed by involuntary change, we must be the architect of change, we must script the change. 

    Let us have the change which we believe. Let us aspire for a change that fits in our civilisational ethos. I am grateful for your time. 

    Thank you so much. 

    ****

    JK/RC/SM

    MIL OSI Asia Pacific News

  • MIL-OSI Translation: 12/10/2024 Statement by the UNIFIL participating states following the recent attacks on UN peacekeepers in Lebanon.

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    At the initiative of Poland, a group of 34 countries participating in the UNIFIL peacekeeping mission in Lebanon, including three permanent members of the UN Security Council, issued a joint statement in New York on 12 October condemning the recent attacks on the mission’s force base. The countries called for an immediate cessation of attacks and for ensuring adequate protection for UN personnel in accordance with international law. The countries reaffirmed their full support for the UNIFIL mission and activities, the main objective of which is to ensure stability and lasting peace in southern Lebanon, as well as in the Middle East, in accordance with the relevant Security Council resolutions. They stressed that the role of UNIFIL is particularly important in light of the escalating situation in the region. The statement was addressed to the UN Secretary-General António Guterres, the President of the UN General Assembly Philemon Yang, the Under-Secretary-General for Peacekeeping Operations Jean-Pierre Lacroix and the members of the Security Council. The UNIFIL mission is staffed by 10,000 personnel. peacekeeping troops, including over 200 Poles. Below is a list of countries that have joined the Polish initiative:

    1. Armenia2. Austria3. Bangladesh4. Brasilia5. Cambodia6. Chino7. Chipre8. Salvador9. Estonia10. Fiji11. Finland12. France13. Ghana14. Guatemala15. Hungary16. Indonesia17. Ireland18. Italy19. Kazakhstan20. Republic of Korea21. Latvia22. Malaysia23. Malta24. Mongolia25. Nepal26. Netherlands27. Poland28. Qatar29. Sierra Leone30. Spain31. Sri Lanka32. Tanzania33. Turkey34. Great Britain35. Germany36. Peru37. Uruguay Content of the statement:Statement by the States participating in the UNIFIL mission following the recent attacks on UN peacekeepers in Lebanon.As States participating in the United Nations Interim Force in Lebanon (UNIFIL), we reaffirm our full support for the UNIFIL mission and activities, the primary objective of which is to ensure stability and lasting peace in South Lebanon, as well as in the Middle East, in accordance with the relevant UN Security Council resolutions.We consider the role of UNIFIL to be particularly important in light of the escalating situation in the region.In this regard, we strongly condemn the recent attacks on UNIFIL peacekeepers. Such actions must be immediately stopped and properly investigated.We call on the parties to the conflict to respect the presence of UNIFIL, which entails the obligation to guarantee the safety of its personnel at all times, so that they can continue to implement their mandate and continue their work of mediation and support for peace and stability in Lebanon and the wider region.We reaffirm our commitment to multilateral cooperation with the UN at its core. We call for respect for international law, in particular the UN Charter and the relevant Security Council resolutions.

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI Africa: GITEX GLOBAL and Expand North Star set to accelerate world’s Artificial Intelligence (AI) economy with market projected to reach $2.7 trillion by 2032

    Source: Africa Press Organisation – English (2) – Report:

    DUBAI, United Arab Emirates, October 13, 2024/APO Group/ —

    GITEX GLOBAL (www.Gitex.com), the world’s largest tech and startup event, takes centre stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem.

    Held at Dubai World Trade Centre (DWTC) from 14-18 October, the incomparable international showpiece will be more influential than ever this time around – presenting an expanded events programme that transforms the UAE into an AI universe epicentre.

    Under the theme “Global Collaboration to Forge a Future AI Economy”, GITEX GLOBAL 2024 welcomes the world’s largest technology enterprises alongside governments, investors, experts, startups, academia, and researchers.  

    Expand North Star (http://apo-opa.co/405aSCm), the world’s largest startup and investment show, runs concurrently at Dubai Harbour from 13-16 October – hosted by Dubai Chamber of Digital Economy and organised by DWTC.

    With over 6,500 exhibiting companies, 1,800 startups, and 1,200 investors from more than 180 countries participating across 38 halls of innovation and business opportunities, these blockbuster events will see the UAE “strategically propel the next generation of AI-driven technologies”.

    Trixie LohMirmand, Executive Vice President of DWTC, the organiser of GITEX GLOBAL and Expand North Star, said: “At GITEX GLOBAL in Dubai, we shall close the year with significant manoeuvres from our tech community by doubling down on global collaborations and intensive engagements amongst all involved. Through these efforts, we shall forge competitive advantages in the race towards regional and international digital supremacy.

    “With international participation in GITEX GLOBAL 2024 rocketing by almost 40 per cent, it’s a barometer of the unstoppable ambitions of many young rising digital nations who are now confidently forging their ways into the future global AI economy through GITEX. As the world’s most global tech event brand with events in Germany, Singapore, Morocco, and Nigeria alongside Expand North Star, we are committed to strategically propelling the next generation of AI-driven technologies via startups, scale-ups and unicorns.”

    A global agenda for tomorrow’s AI economy

    According to Fortune Business Insights, the global AI market is projected to reach $621 billion in 2024 and soar to $2.7 trillion by 2032. Given its influence and impact now and in the future, the technology takes centre stage at GITEX GLOBAL 2024 with over 3,500 enterprises presenting the latest breakthrough innovations in AI, IoT, data, and the cloud.

    Amongst them is TECOM Group PJSC, which celebrates its 25th successive year at GITEX GLOBAL next week. Ahead of the event, Ammar Al Malik, Executive Vice President of Commercial at TECOM Group PJSC and Managing Director of Dubai Internet City, said: “Dubai’s pro-innovation frameworks are the bedrock of tech advancements that serve a greater purpose. GITEX GLOBAL is a springboard to unlock this potential, and as the region’s leading tech hub, Dubai Internet City has been a proud partner for decades in its mission towards a brighter future. Our community is pleased to connect innovators from more than 3,500 companies across fields like artificial intelligence (AI), Web3, digital transformation, and beyond to realise this vision.”

    Abu Dhabi’s most influential companies and organisations, including the Advanced Technology Research Council (ATRC) and G42 Group with its leading enterprises Presight and Khazna, will reinforce the Emirate’s position as an emerging global AI nexus. Other tech giants participating are Adobe, Alibaba Cloud, AWS, Builder Ai, Dell, Google, Honeywell, Huawei, IBM, Lenovo, Microsoft, Nvidia, Oracle, Salesforce, SAS, solutions by STC, and Tech Destination Pakistan.

    Presenting the year’s largest AI event, GITEX GLOBAL will deliver 120-plus hours of AI and deep tech-focused content across various topics, facilitating discussions on the implications of AI in Future Health, Digital Finance, and EdTech. Following the wildfire pace of AI adoption and the unprecedented growth in data storage demand, the event is also launching the region’s largest Data Centre Symposium in 2024, featuring the industry leaders Datalec, Kerno, Khazna, Legrand, NTT Data, Schneider Electric, Vertiv, among many others.

    The programme will build anticipation ahead of the all-new AI Everything Global 2025. This event – taking place in Abu Dhabi (4 February) and Dubai (5-6 February) will gather some of the world’s most visionary AI tech companies to construct an innovative, fair, and responsible AI industry of the future.

    Fast-tracking the next generation of startups

    The world’s largest startup and investment event, Expand North Star will foster the next frontier of tech and innovation. In another record-breaking edition, the event will connect the most innovative global founders with new markets, enterprise customers, and an influential pool of investors and venture capitalists with over $1.2 trillion in Assets Under Management (AUM). These include SOSV, Bessemer Ventures, Lightrock, Sinovation Ventures, and the European Innovation Fund.

    Additionally, Expand North Star will seek to redefine the future of money, blockchain, and creativity through leading co-located events GITEX Impact, Fintech Surge, Future Blockchain Summit, and Marketing Mania. Accelerating the next generation of scaleups, the world’s largest start-up pitch competition, Supernova Challenge 2.0, also graces GITEX GLOBAL with the winners claiming a share of the $200,000 prize pool.

    Historic international involvement

    GITEX GLOBAL 2024 will welcome the highest international attendance in its history, welcoming over 400 government and digital development agencies from around the world. Alongside GITEX GLOBAL regulars, the new nations debuting this year will showcase their latest groundbreaking tech innovations.

    Next week marks the largest European participation at GITEX GLOBAL with over 35 European countries exhibiting alongside 1,000-plus SMEs and 450-plus startups from debuting countries, including Austria, Bosnia and Herzegovina, Ireland, Latvia, Lithuania, Portugal, Serbia, and Slovenia.

    Many rising digital nations from Latin America are also behind the record-breaking international involvement, as are those from Central and Southeast Asia. Joining long-time GITEX GLOBAL participants such as China, Japan, South Korea, and India are several debutants – Singapore, Malaysia, Kazakhstan, and Kyrgyzstan amongst them.

    While promoting international business development, entrepreneurship, and investment engagements to benefit enterprises, organisations, and SMEs alike, GITEX GLOBAL welcomes the European Innovation Council for the first time, Europe’s biggest deep-tech investor.

    It will also see significant collaborations with global organisations from all continents, such as the European Innovation Council, Tech Destination Pakistan, IE University, University College London (UCL), Johns Hopkins University, the Massachusetts Institute of Technology (MIT), and key corporate ventures from leading tech enterprises such as Sony, Honda, Standard Chartered, QIC, and many more.

    An action-packed agenda

    Throughout its six-day duration, GITEX GLOBAL will become a microcosm of the world, launching industry-defining programmes such as GITEX Editions, an exclusive platform for late-stage advanced tech companies and a premier hub for unicorns, soonicorns and rhinos. In 2024, the event will connect 59 top global unicorns, such as Axelera, DeepL, Insilico Medicine, and Synthesis AI.

    The World Future Economy Digital Leaders Summit is another must-attend show with global innovators and influential leaders set to address critical priorities shaping the future of technology. Additionally, GITEX Cyber Valley is this year’s most anticipated cybersecurity showcase – hosted by the UAE Cyber Security Council. With specialists forecasting that damage costs could reach $10.5 trillion annually by 2025, the show will present a power-packed conference agenda as the world’s most influential CISOs, CIOs, and GRC leaders to discuss the risks of global cybercrime.  

    Leo Chen, Corporate Senior Vice President & President of Enterprise Sales at Huawei, which will be present with a flagship stand at the event, commented on the possibilities unlocked at the event for the industry: “GITEX GLOBAL offers a unique platform for us to engage in meaningful dialogues with industry peers about the trends and perspectives on industrial intelligence. We look forward to sharing our insights and learning from others to explore the endless possibilities of industrial digital and intelligent transformation.”

    For more information on GITEX GLOBAL 2024 and to secure your passes, please visit http://www.Gitex.com. 

    MIL OSI Africa

  • MIL-OSI Europe: OSCE-supported Organic Expo 2024 fosters sustainable agriculture in Central Asia

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

    Headline: OSCE-supported Organic Expo 2024 fosters sustainable agriculture in Central Asia

    Ambassador Alexey Rogov, Head of the OSCE Programme Office in Bihskek speaks at the Organic Expo 2024. (OSCE) Photo details

    20 – 22 September, Kyrgyzstan – Bishkek hosts the Organic Expo 2024 – a significant milestone in Central Asia’s agricultural development. This regional event aimed to promote sustainable practices, organic farming, and preservation of biodiversity in mountainous areas.
    The Organic Expo brought together over 200 farmers, entrepreneurs, government officials along with 50 experts and speakers from Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, Mongolia, Russia, and Germany to take active part in a diverse agenda encompassing organic agriculture, ecology, climate change, and sustainable development.
    To enhance regional organic agriculture and strengthen co-operation among Central Asian countries a practical three-day Regional Forum was conducted as a side event to the Expo. Keynote speakers underscored that organic farming is crucial for food security, boosting export potential, and combating climate change.
    Head of the OSCE Programme Office in Bishkek, Ambassador Alexey Rogov stated, “This forum is a vital step toward promoting organic agriculture as the backbone of a sustainable economy in Central Asia.”
    Organic Expo 2024, supported by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, the Secretariat of the Special Representative of the President for the Implementation of the Five-Year Programme for Mountain Region Development, and international organizations, contributed to the exchange of agricultural practices in the region. The Expo fostered a unified approach to achieving sustainable development goals by promoting innovative, eco-friendly farming methods and strengthening collaboration across the region.

    MIL OSI Europe News

  • MIL-OSI Economics: Identity fraud using the name of Blockchain Consulting GmbH

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about services purportedly offered by the company Blockchain Consulting GmbH, based in Munich. Unknown perpetrators are using the company’s name without permission and are contacting consumers via telephone and e-mail. They are suspected of providing payment services.

    The perpetrators offer to enable purported trading profits to be paid out or to compensate for losses that have previously been incurred through investments on fraudulent trading platforms. In doing so, they attempt to persuade consumers to make payments for “taxes” or “fees” that are to be paid in advance. Based on the information currently available to BaFin, this is attempted fraud.

    Anyone wishing to conduct banking business or provide financial or investment services or payment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been authorised by BaFin can be found in BaFin’s database of companies.

    The information provided by BaFin is based on section 37 (4) of the German Banking Act (KreditwesengesetzKWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (BundeskriminalamtBKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics

  • MIL-OSI Security: Pine Grove — Lunenburg RCMP investigating robbery involving man who was hitchhiking

    Source: Royal Canadian Mounted Police

    Lunenburg District RCMP is seeking information from the public about a robbery near Pine Grove.

    On October 7, at approximately 3:30 a.m., Lunenburg District RCMP responded to a report of a robbery from a man who was hitchhiking on Pinegrove Rd. Investigators learned that a white Chevrolet Malibu stopped near the man and the male driver approached him. The driver took the man’s bag, placed it in the trunk, and fled in the car.

    The last known direction of travel for the Malibu was northwest on Hwy. 10 toward New Germany.

    The man was treated for non-life-threatening injuries related to this incident.

    The male driver was described as 5’11” with a smaller build, and had short, dark messy hair and a mustache. He was wearing sneakers, jeans, and a green and black plaid short-sleeved shirt. He was also said to have a South Shore accent.

    Anyone who witnessed this incident or has information that may identify the driver is asked to contact Lunenburg District RCMP at 902-634-8674. To remain anonymous, call Nova Scotia Crime Stoppers, toll-free, at 1-800-222-TIPS (8477), submit a secure web tip at http://www.crimestoppers.ns.ca, or use the P3 Tips app.

    MIL Security OSI

  • MIL-Evening Report: As the conflicts in the Middle East dramatically escalate, could Iran acquire a nuclear bomb?

    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research fellow, Middle East Studies, Deakin University

    As Israel continues its assault on Hezbollah in Lebanon, Iran appears increasingly backed into a corner.

    Israel’s efforts to weaken Iran’s proxy network have focused on a number of objectives: eliminating key Hezbollah leaders, destroying their weapons and other military sites, and targeting large numbers of fighters and sympathisers.

    Hezbollah has undoubtedly been weakened over the past few weeks, which presents a dilemma for Iran. Could this sustained pressure on its main militant proxy group push Iran towards finally acquiring a nuclear weapon?

    Iran’s deterrence strategy

    The use of armed proxy networks as a deterrence strategy is a well-known approach employed by countries worldwide.

    Iran has successfully adopted this strategy for decades, starting with Hezbollah in Lebanon and extending to Palestinian militant groups such as Hamas and Palestinian Islamic Jihad in Gaza, various Iraqi militant factions, and Houthi rebels in Yemen.

    This strategy has allowed Iran to project power in the region and counter pressure from the United States, Israel and their allies, while deterring any direct military confrontation from its adversaries.

    Both Iran and Israel have until recently appeared reluctant to engage in a full-scale war. Instead, they have adhered to certain rules of engagement in which they apply pressure on each other without escalating to all-out conflict. This is something neither side can afford.

    Iran has long avoided direct confrontation with Israel, even when Israel has targeted its groups in Syria and assassinated several Iranian nuclear scientists over the past few decades.

    Recently, however, this strategy has shifted. Feeling the impact of Israel’s prolonged assaults on its proxy network, Iran has responded by launching two direct missile attacks against Israel in the past six months.

    This indicates that as pressure on Iran’s proxies intensifies, Tehran may increasingly resort to alternative strategies to reestablish effective deterrence against Israel and its Western allies.

    Some analysts believe Israel may now be gaining what is called “escalation dominance” over Iran. As one group of experts has explained, this happens when one combatant escalates a conflict

    in ways that will be disadvantageous or costly to the adversary while the adversary cannot do the same in return, either because it has no escalation options or because the available options would not improve the adversary’s situation.

    Israeli Prime Minister Benjamin Netanyahu has vowed a “harsh response” to Iran’s latest missile attack against Israel in early October. This could push Iran further towards changing its deterrence strategy, particularly if Israel strikes Iran’s nuclear facilities.

    Calls for a new nuclear strategy

    With pressure growing on Iran’s leaders, the regime is now openly discussing whether to declare a military nuclear program.

    This would represent a major shift in Iranian policy. Iran has long maintained that its nuclear program is strictly for civilian purposes, with no intention of developing a military component. The US and its allies have contested this assertion.

    On October 8, the Iranian parliament announced it had received draft legislation for the “expansion of Iran’s nuclear industry”, which will be discussed in parliament. The nature of this expansion is not yet known – it’s unclear whether it will include a military program. However, recent statements by Iranian officials suggest such an agenda.

    Kamal Kharrazi, a senior politician and member of the Expediency Discernment Council, a high-ranking administrative assembly appointed by Supreme Leader Ayatollah Ali Khamenei, forewarned of a reconsideration of Iran’s nuclear program. In an interview in May, he said:

    Iran’s level of deterrence will be different if the existence of Iran is threatened. We have no decision to produce a nuclear bomb, but we will have to change our nuclear doctrine if such threat occurs.

    Calls in Iran for a revision of the country’s defence doctrine are growing louder. This week, nearly 40 lawmakers wrote a letter to the Supreme National Security Council, which decides on Iran’s general security policy. They demanded the council reconsider the current nuclear policy, noting that Khamenei’s fatwa forbidding the production of a nuclear bomb could be subject to change due to current developments.

    In the same vein, Ayatollah Hassan Khomeini, the grandson of the founder of the Islamic revolution and former Supreme Leader Ruhollah Khomeini, called last week for “enhancing the level of deterrence” against Israel. Iranian media interpreted this as referring to nuclear weapons.

    There have also been reports speculating that an earthquake in Iran last week could actually have been a nuclear bomb test.

    However, the US has said there is no evidence yet that Iran is moving towards building a nuclear weapon.

    Revived nuclear deal increasingly unlikely

    In 2015, Iran signed the Joint Comprehensive Plan of Action (JCPOA) with the five permanent members of the UN Security Council, plus Germany and the European Union. This deal allowed it to pursue a civilian nuclear program with certain restrictions on its critical nuclear facilities. In exchange, the US and its allies agreed to lift sanctions on Iran.

    However, the US withdrew from the deal under then president Donald Trump in 2018 and reimposed sanctions on Iran. Since then, Iran has barred several international inspectors from monitoring some of its nuclear sites.

    It is now believed to be just weeks away from producing enough weapons-grade material to build a bomb.

    Efforts to revive the nuclear negotiations have not gone far in recent years, though Iran’s new president, Masoud Pezeshkian, has suggested his government would be willing to engage again with the West and resume the talks.

    Yet, if Israel carries out an attack on Iran’s nuclear facilities in retaliation for last week’s missile attack, as has been speculated, Iran may deem it necessary to opt for the weaponisation of its nuclear program instead.

    If Iran declares a military nuclear program, it would do so with the expressed intention of restoring a deterrence balance with Israel that could prevent a full-scale war. Israel is believed to possess nuclear weapons, but has never confirmed it.

    However, such a decision is likely to have dire implications for both Iran and the region.

    It would undoubtedly lead to more international pressure and US sanctions on Iran, making it even more isolated. And it could spark a nuclear arms race in the region, as Saudi Arabia has already pledged to pursue a nuclear arsenal if Iran develops one.

    Shahram Akbarzadeh receives funding from Australian Research Council. He is affiliated with Middle east Council on Global Affairs (Doha).

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

    ref. As the conflicts in the Middle East dramatically escalate, could Iran acquire a nuclear bomb? – https://theconversation.com/as-the-conflicts-in-the-middle-east-dramatically-escalate-could-iran-acquire-a-nuclear-bomb-240893

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Nations: At Hamburg Sustainability Conference UNECE shares practical solutions for climate action and sustainable development

    Source: United Nations Economic Commission for Europe

    On the heels of the Summit of the Future and adoption of the Pact for the Future, the first Hamburg Sustainability Conference (7-8 October) gathered international policy makers, business leaders and civil society to discuss ways to accelerate SDG implementation. Attending the conference, UNECE Executive Secretary Tatiana Molcean presented UNECE tools and initiatives that are already laying the foundation for strengthened international cooperation necessary to deliver result-oriented solutions, at the Mayors’ Panel on achieving sustainable cities of the future. 

    The Executive Secretary recalled that cities are key partners in achieving sustainable development as they are on the frontlines of addressing humanity’s most pressing problems. In its work UNECE applies a comprehensive approach to urban challenges and it supports local and regional authorities across various key areas, each contributing to the creation of more resilient, representative, and sustainable urban environments. Some of the most important initiatives include:  

     

    • Forum of Mayors to gather city leaders to exchange knowledge and local solutions, and engage with international policy and decision-making; 
    • PIERS methodology to score infrastructure and public-private partnership (PPP) projects against SDGs;  

     

    Opening the Sustainable Finance Forum, which bridges the Hamburg Sustainability Conference and the upcoming COP29, the Executive Secretary drew attention to the immense investments needed for the energy transition: to achieve the objectives of the Paris Agreement, USD 5 trillion are needed annually from now until 2030 in the energy sector alone. Yet, 2023 saw USD 1.8 trillion invested in the energy transition, which represents an increase of 17% over the previous year. Hard-to-abate sectors and small businesses face even greater challenges in securing such financing.  

    Aiming to address these gaps, the Forum brought together investors, decision makers and energy transition project leaders. Of some 250 initiatives mapped, 10 projects from South-Eastern Europe and Central Asia requiring financing of over USD 15 billion were shortlisted for showcasing at COP29.  

    With its PIERS methodology UNECE can help governments and financial actors to align their infrastructure and PPPs projects with the SDGs, thus advancing climate action and resilient infrastructure for a sustainable future. The shortlisted projects will benefit from training on PIERS, helping to strengthen accountability, transparency and investor readiness.  

    The Sustainable Finance Forum was convened by UNECE, the United Nations High-Level Climate Champions, DZ BANK, the European Commission, and the German Chapter of the International Chamber of Commerce (ICC Germany) to strengthen the work of international partners in the field of transition finance.  

    The topic of strengthening the contribution of public and private capital providers to climate action was on the agenda of the Executive Secretary’s bilateral meetings on the margins of the Hamburg Sustainability Conference, particularly during her discussion with Mahmoud Mohieldin, UN Special Envoy on Financing the 2030 Agenda for Sustainable Development. Mr. Mohieldin and Ms. Molcean agreed that an appropriate business environment is important to attract private investors and financiers to drive the transition. They also exchanged about the role of the Carbon Border Adjustment Mechanism and its impact on neighbouring countries to the EU and the role of organisations such as UNECE in supporting adaptation. They also discussed targeted taxation in helping emerging markets embrace the energy transition.   

    Meeting with the Secretary General of the International Chamber of Commerce (ICC), John Denton, the Executive Secretary highlighted the importance of involving the private sector to accelerate SDG implementation, as well as the joint work by UNECE and ICC to promote the global use of digital trade standards.  

    In discussion with Bärbel Kofler, Parliamentary State Secretary at the Federal Ministry for Economic Cooperation and Development of Germany, Ms. Molcean stressed the role of UNECE as a standard setter and an effective regional cooperation platform to advance sustainable development across diverse fields, including energy, environment, gender equality and transport among many others. 

     

    MIL OSI United Nations News

  • MIL-OSI Global: Post-flood recovery: lessons from Germany and Nigeria on how to help people cope with loss and build resilience

    Source: The Conversation – Africa – By Olasunkanmi Habeeb Okunola, Visiting Scientist, United Nations University – Institute for Environment and Human Security (UNU-EHS), United Nations University

    Extreme climate events — floods, droughts and heatwaves — are not just becoming more frequent; they are also more severe.

    It’s important to understand how communities can recover from these events in ways that also build resilience to future events.

    In a recent study, we analysed how communities affected by the extreme flood events of 2021 in Germany’s Ahr Valley and in Lagos, Nigeria, grappled with recovery from floods.

    Our aim was to identify the factors – and combinations of factors – that served as barriers (or enablers) to recovery from disasters.

    We found that financial limitations, political interests and administrative hurdles led to prioritising immediate relief and reconstruction over long-term sustainable recovery.

    In both cases immediate and long-term recovery efforts were siloed, underfunded and focused on reconstruction to pre-disaster conditions.

    We concluded from our findings that the success of recovery efforts lies in balancing short-term relief and a long-term vision. While immediate aid is essential after a disaster, true resilience hinges on proactive measures that address systemic challenges and empower communities to build a better future.

    Recovery should not be merely action-oriented and building back infrastructure (engineering). It should also include insights in other areas, like governance and psychology, helping people to deal with losses and to heal.

    What worked

    To understand the recovery pathways of the two regions, we reviewed relevant literature, newspaper articles and government documents. We also interviewed government agencies, NGO representatives, volunteers and local residents in the communities where these floods occurred.

    We found that in the Ahr Valley, recovery wasn’t just about rebuilding structures, it was about empowering individuals.

    Through initiatives like mental health and first aid courses, residents learned to support one another. This fostered a sense of community and resilience that was essential for meeting the emotional challenges posed by the disaster.

    The focus on rebuilding with a sustainable vision also included environmental initiatives. For example, a type of heating system was put in place that didn’t rely on fossil fuels.

    Not only did this reduce carbon emissions, it also served as a symbol of hope. It showed there was an opportunity to create a more sustainable and environmentally friendly community.

    In Lagos, too, residents found strength in community and innovation. Grassroots efforts using sustainable materials like bamboo and palm wood highlighted the ingenuity and resourcefulness of the people. Faith-based organisations provided material aid as well as emotional and spiritual support. This reinforced the bonds that held the community together.

    Each community faced unique challenges. But they shared a common thread: the importance of adaptive governance – flexible decision-making and strong community ties.

    For example, established building codes in the Ahr Valley provided a framework for reconstruction, ensuring that new structures were resilient and safe.

    In Lagos, the absence of strong government support highlighted the critical role of community organisations in providing services and fostering a sense of shared responsibility.

    What needs improvment

    In both the Ahr Valley and Lagos, the journey towards recovery has been fraught with obstacles as well.

    In the Ahr Valley, bureaucratic red tape has become a formidable barrier. Residents, eager to rebuild their lives, find themselves entangled in a complex web of regulations and lengthy approval processes. This has delayed their access to insurance and recovery funds. Waiting for months or even years has eroded hope and fuelled a sense of abandonment.

    Meanwhile, in Lagos, insufficient government support has left communities to fend for themselves, creating a breeding ground for uncertainty and conflict.

    Land tenure disputes, fuelled by a lack of clear property rights, sow seeds of distrust and hinder resettlement efforts. Political disagreements complicate the picture, as competing interests divert attention and resources away from those who need them most.

    In Lagos, none of the respondents reported having insurance to help them to recover from disaster-related losses.

    While some residents in the Ahr Valley did have insurance, many were under-insured.

    The Ahr Valley’s building codes offer a framework for reconstruction. But it’s clear that processes should be streamlined so communities can take ownership of their recovery.

    In Lagos, the importance of robust social safety nets is clear. Partnerships between communities and authorities are also needed.

    A different approach

    Recovery isn’t a separate process that occurs after disasters only. It should be seen as an essential part of managing risks. It’s important to understand what recovery involves and what resources are needed.

    This will help reduce future risks and increase resilience after extreme events.

    Governments should encourage flexible governance structures that value community voices and local knowledge to enable recovery. A good example is the New Orleans Recovery Authority, established after Hurricane Katrina. It involved local residents and city officials in planning and rebuilding efforts.

    Grassroots efforts in Lagos demonstrated the power of sustainable materials and community-led initiatives. Seeing things from the community’s point of view can help tailor solutions that fit the situation and adapt to evolving challenges.

    Training and capacity-building programmes empower communities to be active in their own recovery.

    Mental health and first aid courses were successful in the Ahr Valley. Equipping individuals with skills in sustainable practices and disaster preparedness helps weave a social fabric capable of weathering future storms.

    Olasunkanmi Habeeb Okunola is a Visiting Scientist at, the United Nations University – Institute for Environment and Human Security (UNU-EHS)

    Saskia E. Werners works with United Nations University, Institute for Environment and Human Security (UNU-EHS). She is grateful to have received research grants in support of her research on climate change adaptation and recovery.

    ref. Post-flood recovery: lessons from Germany and Nigeria on how to help people cope with loss and build resilience – https://theconversation.com/post-flood-recovery-lessons-from-germany-and-nigeria-on-how-to-help-people-cope-with-loss-and-build-resilience-240260

    MIL OSI – Global Reports

  • MIL-OSI Africa: Post-flood recovery: lessons from Germany and Nigeria on how to help people cope with loss and build resilience

    Source: The Conversation – Africa – By Olasunkanmi Habeeb Okunola, Visiting Scientist, United Nations University – Institute for Environment and Human Security (UNU-EHS), United Nations University

    Extreme climate events — floods, droughts and heatwaves — are not just becoming more frequent; they are also more severe.

    It’s important to understand how communities can recover from these events in ways that also build resilience to future events.

    In a recent study, we analysed how communities affected by the extreme flood events of 2021 in Germany’s Ahr Valley and in Lagos, Nigeria, grappled with recovery from floods.

    Our aim was to identify the factors – and combinations of factors – that served as barriers (or enablers) to recovery from disasters.

    We found that financial limitations, political interests and administrative hurdles led to prioritising immediate relief and reconstruction over long-term sustainable recovery.

    In both cases immediate and long-term recovery efforts were siloed, underfunded and focused on reconstruction to pre-disaster conditions.

    We concluded from our findings that the success of recovery efforts lies in balancing short-term relief and a long-term vision. While immediate aid is essential after a disaster, true resilience hinges on proactive measures that address systemic challenges and empower communities to build a better future.

    Recovery should not be merely action-oriented and building back infrastructure (engineering). It should also include insights in other areas, like governance and psychology, helping people to deal with losses and to heal.

    What worked

    To understand the recovery pathways of the two regions, we reviewed relevant literature, newspaper articles and government documents. We also interviewed government agencies, NGO representatives, volunteers and local residents in the communities where these floods occurred.

    We found that in the Ahr Valley, recovery wasn’t just about rebuilding structures, it was about empowering individuals.

    Through initiatives like mental health and first aid courses, residents learned to support one another. This fostered a sense of community and resilience that was essential for meeting the emotional challenges posed by the disaster.

    The focus on rebuilding with a sustainable vision also included environmental initiatives. For example, a type of heating system was put in place that didn’t rely on fossil fuels.

    Not only did this reduce carbon emissions, it also served as a symbol of hope. It showed there was an opportunity to create a more sustainable and environmentally friendly community.

    In Lagos, too, residents found strength in community and innovation. Grassroots efforts using sustainable materials like bamboo and palm wood highlighted the ingenuity and resourcefulness of the people. Faith-based organisations provided material aid as well as emotional and spiritual support. This reinforced the bonds that held the community together.

    Each community faced unique challenges. But they shared a common thread: the importance of adaptive governance – flexible decision-making and strong community ties.

    For example, established building codes in the Ahr Valley provided a framework for reconstruction, ensuring that new structures were resilient and safe.

    In Lagos, the absence of strong government support highlighted the critical role of community organisations in providing services and fostering a sense of shared responsibility.

    What needs improvment

    In both the Ahr Valley and Lagos, the journey towards recovery has been fraught with obstacles as well.

    In the Ahr Valley, bureaucratic red tape has become a formidable barrier. Residents, eager to rebuild their lives, find themselves entangled in a complex web of regulations and lengthy approval processes. This has delayed their access to insurance and recovery funds. Waiting for months or even years has eroded hope and fuelled a sense of abandonment.

    Meanwhile, in Lagos, insufficient government support has left communities to fend for themselves, creating a breeding ground for uncertainty and conflict.

    Land tenure disputes, fuelled by a lack of clear property rights, sow seeds of distrust and hinder resettlement efforts. Political disagreements complicate the picture, as competing interests divert attention and resources away from those who need them most.

    In Lagos, none of the respondents reported having insurance to help them to recover from disaster-related losses.

    While some residents in the Ahr Valley did have insurance, many were under-insured.

    The Ahr Valley’s building codes offer a framework for reconstruction. But it’s clear that processes should be streamlined so communities can take ownership of their recovery.

    In Lagos, the importance of robust social safety nets is clear. Partnerships between communities and authorities are also needed.

    A different approach

    Recovery isn’t a separate process that occurs after disasters only. It should be seen as an essential part of managing risks. It’s important to understand what recovery involves and what resources are needed.

    This will help reduce future risks and increase resilience after extreme events.

    Governments should encourage flexible governance structures that value community voices and local knowledge to enable recovery. A good example is the New Orleans Recovery Authority, established after Hurricane Katrina. It involved local residents and city officials in planning and rebuilding efforts.

    Grassroots efforts in Lagos demonstrated the power of sustainable materials and community-led initiatives. Seeing things from the community’s point of view can help tailor solutions that fit the situation and adapt to evolving challenges.

    Training and capacity-building programmes empower communities to be active in their own recovery.

    Mental health and first aid courses were successful in the Ahr Valley. Equipping individuals with skills in sustainable practices and disaster preparedness helps weave a social fabric capable of weathering future storms.

    – Post-flood recovery: lessons from Germany and Nigeria on how to help people cope with loss and build resilience
    https://theconversation.com/post-flood-recovery-lessons-from-germany-and-nigeria-on-how-to-help-people-cope-with-loss-and-build-resilience-240260

    MIL OSI Africa

  • MIL-OSI Banking: Gradual trade recovery underway despite regional conflicts, policy uncertainty

    Source: World Trade Organization

    The October update of the WTO’s Global Trade Outlook and Statistics largely reaffirms the April forecast, pointing to a gradual recovery in merchandise trade despite widening regional conflicts and increasing policy uncertainty. However, at the regional level, we have seen weaker-than-expected European trade and stronger-than-expected Asian exports.

    Since the last report, inflation has fallen, as expected, in advanced economies, prompting central banks to begin lowering interest rates. We expected these developments to boost consumption and investment, thereby increasing demand for imports. In particular, we projected that Asian economies would lead the trade recovery, while North America, Europe and other regions would contribute more modestly, yet positively.

    Broadly speaking, these expectations have materialized. As shown in Chart 1, we now anticipate a 2.7% increase in global merchandise trade volume in 2024, slightly up on our previous estimate of 2.6%. However, the forecast for 2025 has been revised downward, from 3.3% to 3.0%. Trade growth in 2024 and 2025 will likely be accompanied by real global GDP growth of 2.7% at market exchange rates, both this year and next.

    While the overall figures for global trade and output have remained stable, notable shifts in regional trade growth are emerging. Downside risks to the forecast have also intensified, particularly with the escalation of the conflict in the Middle East, which could further disrupt trade flows.

    Two key differences stand out between the current forecast and the previous one. First, trade growth in European economies has been weaker than expected, affecting both imports and exports. Second, export growth in Asian economies has been stronger than expected.

    As illustrated in Chart 2, Asia is expected to contribute more than any other region to global export growth in 2024, adding 2.8 percentage points to the projected 3.3% growth in exports. The region is also expected to contribute 1.4 percentage points to the 2.0% import growth foreseen for this year. Meanwhile, North America is expected to contribute 0.6 percentage points to import growth in 2024, partly offsetting Europe’s negative contribution of -0.8 percentage points. Regional trade contributions should stabilize in 2025, aligning more closely with medium-term trends.

    The stronger-than-expected export performance in Asia has been driven by increased exports of electronics, automotive products and other manufactured goods from China, with other Asian economies such as India, Viet Nam and Singapore also reporting robust export growth. On the downside, Europe’s export decline has been led by a contraction in the automotive and chemicals sectors, both of which are concentrated in Germany.

    The outlook for services trade remains more positive than for goods, with the value of global commercial services trade in US dollars rising 8% year-on-year in the first quarter of 2024. More comprehensive services data will be released later this month, but continued strong growth is anticipated for the second quarter.

    Returning to merchandise trade, we are seeing increasing evidence of trade fragmentation driven by geopolitical concerns. Trade is increasingly conducted among like-minded economies, a trend accelerated by the war in Ukraine. However, we have yet to observe a broader shift towards regionalization or near-shoring on a global scale.

    The full report is available here.

    MIL OSI Global Banks

  • MIL-OSI Video: 5th Joint BoC – ECB – NY Fed Conference – Welcome Speech

    Source: European Central Bank (video statements)

    Luis de Guindos, Vice-President of the ECB, gives the Welcome speech for the 5th Joint BoC – ECB – NY Fed Conference on 1. October, 2024 in Frankfurt, Germany.

    https://www.youtube.com/watch?v=8S0OZ2DAIc4

    MIL OSI Video

  • MIL-OSI Europe: Anti-trafficking practitioners meet in Italy for first Mediterranean regional simulation-based training exercise

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

    Headline: Anti-trafficking practitioners meet in Italy for first Mediterranean regional simulation-based training exercise

    A staged police search during the final phase of the week-long anti-human trafficking simulation training exercise conducted in Vicenza, Italy (CoESPU/Vicenza) Photo details

    The first Mediterranean regional simulation-based training exercise for anti-trafficking practitioners from OSCE participating States and Partners for Co-operation concluded today in Vicenza, Italy, at the premises of the Centre of Excellence for Stability Police Units (CoESPU).
    In the framework of this week-long training, more than 50 anti-trafficking practitioners from Italy, Malta, Spain, Algeria, Egypt and Tunisia came together to solve complex cases of human trafficking. The training scenario incorporated complex and diverse migratory flows across multiple States, demonstrating how criminal groups exploit the vulnerability of migrants and displaced persons to traffic them into labour exploitation, sexual exploitation or forced criminality. The training brought together a wide range of professionals from across the anti-trafficking ecosystem, including prosecutors, labour inspectors, social workers, criminal and financial investigators, lawyers, NGO workers and migration officers. Participants were trained on their individual roles, as well as on how to effectively co-operate with their counterparts in the identification of trafficking victims and detection, investigation and prosecution of human trafficking crimes. In this context, the practitioners had the chance to practice and master their skills in multi-agency collaboration, applying victim-centred and trauma-informed approaches.
    “With Mediterranean security indivisible from security within the OSCE region at large, the Mediterranean regional simulation-based training exercise demonstrated the lasting value and continued collaboration between the OSCE, participating States, and Mediterranean Partners for Co-operation, and how strengthening efforts to combat trafficking in human beings contributes to improved security across the wider region,” said Dr. Kari Johnstone, the OSCE’s Special Representative and Co-ordinator for Combating Trafficking in Human Beings, in her closing remarks.   
    First implemented in 2016, the OSCE’s simulation-based trainings remain a highly relevant training tool to enhance the capacity of OSCE participating States and Partners for Co-operation to promptly identify and assist presumed victims of trafficking in human beings as well as investigate and prosecute perpetrators through the use of a multi-agency, victim-centred, trauma-informed, gender-sensitive and human rights-based approach. 
    This activity was implemented with the financial support from the Governments of France, Germany, Ireland, Luxembourg, Liechtenstein, Malta, Monaco, Switzerland and the US, as well as the Republic of Italy, which also provided in kind contributions.
    For more information on simulation-based trainings, please visit Simulation-based training | OSCE

    MIL OSI Europe News

  • MIL-OSI Security: NATO Secretary General to visit Supreme Headquarters Allied Powers Europe and Clay Barracks in Germany

    Source: NATO

    On Monday, 14 October 2024, NATO Secretary General Mark Rutte will visit Supreme Headquarters Allied Powers Europe (SHAPE) and will travel to Germany.

    At SHAPE, Mr Rutte will meet Supreme Allied Commander Europe (SACEUR), General Christopher Cavoli, and other senior officers. 

    In the afternoon, NATO Secretary General will travel to Wiesbaden, where he will meet the German Minister of Defence, Mr Boris Pistorius, and visit the site of NATO’s Security Assistance and Training – Ukraine (NSATU) command.

    There will be no media opportunity.

    Photographs will be available on the NATO website and video can be downloaded from the NATO Multimedia Portal after the event.

    For more information:
    For general queries: contact the NATO Press Office
    Follow us on X: @NATO@SecGenNATO and @NATOPress

    MIL Security OSI

  • MIL-OSI United Kingdom: Construction starts on new healthcare facility for British Army at Leuchars Station

    Source: United Kingdom – Executive Government & Departments

    A ceremony in Fife marked the start of construction for a new medical and dental centre at Leuchars Station.

    Representatives from the British Army, Graham Building North and Defence Medical Services at the groundbreaking event. Copyright: Graham Building North.

    A ceremony has been held to mark the start of construction for a new medical and dental centre at Leuchars Station in Fife.

    The construction contract, worth nearly £22 million, was awarded by the Defence Infrastructure Organisation (DIO) to Graham last year. 

    The new building will replace the aging current medical and dental centre, which was built in 1936. Once the replacement facility is complete, medical personnel and patients will transition over to the new medical and dental centre and Graham will demolish the old building.

    Once complete, the new facility will be of sufficient size to cater for the increasing number of personnel forecast to be based at the station in the coming years, as it is to become the Army’s hub in Scotland. Around 3,700 personnel at the British Army establishment and their dependents will benefit from the new building, which will house physical rehabilitation and mental health facilities as well as GP and dental services.

    The building has been carefully designed to be as sustainable as possible, including through thermal efficiency, solar panels, air source heat pumps and provision of four electric vehicle charging stations. Building materials have been selected not only on the basis of suitability but also to reduce carbon impact on the environment. It is hoped that the building can be an example of sustainability in construction of future MOD medical and dental centres.

    Shaun Purdy, DIO’s Project Manager, said: 

    While the current medical and dental centre has hosted great medical care, it is important that we continually strive to improve and modernise. This new, larger facility will ensure that personnel and their families continue to receive the best possible care in the future in a modern clinical practice.

    Working closely with Defence Medical Services, UK Strategic Command and partners it was agreed that a brand-new building is by far the best solution and will provide the sort of high-quality medical and dental care our personnel deserve. 

    It will provide a modern building suited not only for patients, but also for our dedicated professional medical staff.

    Major TB Gray, Station Quartermaster, said: 

    It has been 10 years since the Army took ownership of Leuchars Station from the RAF and the troops returned from Germany to make Fife their permanent home. The new healthcare facility is one of many ongoing and planned multi-million-pound projects which will see Leuchars transform from an ageing RAF site into the largest Army Garrison in Scotland. 

    Our medical provision required a full new build, which when finished will support the Leuchars service community and dependents alike. This shows that the MOD is serious in the development of Leuchars into a modern Garrison with state-of-the-art facilities to support its operational capability.

    Surgeon Commodore Andy Nelstrop, Cdr Defence Primary Healthcare, said: 

    Delivering expert healthcare to our Armed Forces and ensuring that they are able to see a medical professional quickly is a priority for all those who work within Defence Primary Healthcare. 

    It is fundamental that all our medical personnel and patients can work and be treated in a modern environment and have access to the latest equipment and resources, which is why the construction of this new centre is so important. 

    It is just one part of our ongoing programme to ensure everyone in our military receives the primary healthcare they deserve, and I am delighted that all those based at Leuchars will soon be able to benefit from this fantastic facility.

    Chris MacLeod, Graham Building North’s Regional Director, said:

    We are delighted to be continuing our longstanding relationship with Defence Infrastructure Organisation to help deliver new and improved health and wellbeing facilities for the military personnel and their families at Leuchars.

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Security: Defense News: U.S. Navy EOD develops IED exploitation capabilities with NATO allies and partners at Northern Challenge 2024

    Source: United States Navy

    KEFLAVIK, Iceland – Explosive Ordnance Disposal Mobile Unit (EODMU) 8 operated alongside 17 NATO ally and partner nations during Exercise Northern Challenge 2024, Sept. 26-Oct. 9, 2024. Northern Challenge demonstrates the United States’ commitment to NATO allies and partners by integrating efforts to plan and execute complex EOD detection, neutralization, and exploitation capabilities within a multinational framework.

    Northern Challenge is an annual, joint-funded multinational exercise hosted by the Icelandic Coast Guard aimed at preparing NATO allies and partners for international deployments to clear the way for lethal, resilient forces to operate in contested environments and disrupt our adversaries in conflict.

    EODMU 8, assigned to Commander, Task Force (CTF) 68, trained alongside tactical units from U.S. Marine Corps’ 8th Engineer Support Battalion and U.S. Army’s 702nd and 720th Ordinance Companies . Additional participating NATO allies and partners included Austria, Belgium, Canada, Czech Republic, Denmark, France, Germany, Iceland, Ireland, Lithuania, Netherlands, New Zealand, Norway, Poland, Sweden, and United Kingdom.

    Northern Challenge 2024 included roughly 330 participants, 500+ improvised explosive devices (IEDs), 380 land tasks, and 120 maritime tasks. Throughout the exercise, two teams from EODMU 8 completed 50 training serials and provided four exercise control members who assessed and mentored other nations’ teams. During the exercise, EOD technicians responded to simulated IEDs threats of increasing complexity over a two-week period.

    “At Northern Challenge 2024, we’re working with our NATO allies and partners learning different tools for the toolbox and increasing our lethality on the battlefield,” said Chief Explosive Ordnance Disposal Technician Jake Ferguson, platoon 8-2-2 Leading Chief Petty Officer, EODMU 8. “We’ve had some awesome training put on by our Icelandic and British partners; we’ve done a lot of both maritime and land-based IED serials that we’ve been able to defeat. We’re also turning in evidence, working with the exploitation cell to develop counter-IED tactics and reporting procedures.”

    In addition to conducting complex training scenarios, EOD technicians from across participating countries collaborated within a multinational exploitation center to enhance interoperability at the operational level. These cells ensured that EOD teams were organized to effectively counter IED threats while ensuring the intelligence analysis and information sharing is in accordance with NATO standards and procedures.

    The exploitation cell was comprised of the Technical Exploitation Coordination Cell (TECC) and the Combined Exploitation Laboratory (CEL). The TECC and CEL fuse capacities and capabilities across a joint interagency multinational structure. This multinational effort provided high-level analysis of collected exploitable material (CEM), refining fidelity of the operating area and providing critical information to the operator on the ground or in the water.

    CEM in the lab consisted of a full scope of exploitation methods such as triage, x-ray, chemical analysis, biometrics, forensics, electronics engineering exploitation, and document and media exploitation.

    The end state of the analysis is to inform the command, provide enhanced operator threat assessment on the battlefield, and ultimately deny the adversary anonymity.

    U.S. Navy EOD technicians from Expeditionary Exploitation Unit One (EXU-1) led the CEL in coordination with personnel from U.S. Army Force Europe (USAREUR) and other allies and partners. Their mission throughout the exercise was to assist in processing and analyzing exploitable material collected from simulated explosive threats, analyze and consolidate the findings, then brief the overall threat environment and an assessment of next 24-48 hours, providing a tactical picture for stronger decision-making on the ground and better situational awareness.

    Lt. Ryan DuTot, an EOD officer assigned to EXU-1, served as the exercise’s Combined Exploitation Laboratory office in charge.

    “Northern Challenge 2024 is not just about defusing bombs; it’s about harnessing cutting-edge technology to outsmart adversaries and strengthen global security alliances,” said DuTot. “The integration of technical exploitation into this exercise ensures we don’t just neutralize threats, but also gain critical intelligence from them. Any time we are working with partner nations in an environment like this, it’s a force multiplier that provides long-term strategic benefits.”

    Operating in a range of environments and exchanging knowledge with regional NATO allies and partners enhances every participating unit’s readiness and relationships with international and interagency counterparts.

    “Exercises like Northern Challenge provide an excellent opportunity to rehearse our IED defeat tactics in austere environments,” said Cmdr. John Kennedy, commander, EOD Mobile Unit 8. “The unique value of Northern Challenge is the exploitation piece. For our operational platoons, the drills didn’t end at ‘defeating the device’; they concluded after ‘exploiting the device’ so we could gain an appreciation of how the device works, and who employed it.”

    Northern Challenge provided practical training to operators across the joint force, with the integration of the exploitation cell to enhance the intelligence picture driving the threat assessment. As a result, the United States military is better prepared to deploy EOD forces throughout the U.S. European Command’s area of responsibility in support of the collective defense of NATO allies.

    “We’ve worked with the Canadians, Swedes, Icelanders, Polish, Lithuanians, and others; these guys are so good at their craft. Everybody here is a warrior, and they all volunteered to do the same job. Exchanging tactics, techniques, and procedures with them is making every single one of us better so that the enemy doesn’t get a leg up on us,” said Ferguson.
    U.S. military participation in Northern Challenge 2024 demonstrates that U.S. and NATO joint forces are ready and postured with combat-credible capability to assure, deter, and defend in an increasingly complex security environment.

    CTF 68 is a part of the U.S. 6th Fleet and commands all Naval Expeditionary Combat Forces, in U.S. European Command and U.S. Africa Command areas of responsibility. Navy Expeditionary Combat Forces bridge the gap from sea to shore and provides expeditionary capabilities in remote, complex and austere environments.

    EODGRU 2 and EODMU 8 operate as part of Navy Expeditionary Combat Command and provide skilled, capable, and combat-ready deployable Navy EOD and Navy Diver forces around the globe to support a range of operations.

    For the full collection of photos and news about Northern Challenge 2024 and U.S. Navy EOD, visit https://www.dvidshub.net/unit/USNFE-6FPA and https://www.dvidshub.net/unit/EODG-2.

    MIL Security OSI

  • MIL-OSI United Kingdom: UN Human Rights Council 57: Introductory Statement on Syria

    Source: United Kingdom – Executive Government & Departments 3

    Introductory Statement on Syria. Delivered by the UK’s Permanent Representative to the WTO and UN, Simon Manley.

    Thank you Mr President,

    I have the honour to present draft resolution L.11 on the human rights situation in the Syrian Arab Republic, on behalf of: France, Germany, the Netherlands, Qatar, Türkiye, the United States of America, and the United Kingdom.

    Mr President,

    When he briefed this Council last month, the Chair of the Commission of Inquiry, Paulo Pinheiro described Syria, as a “quagmire of despair”. A fitting, yet tragic, depiction of the depth of human suffering Syrians continue to endure at the hands of Assad and his allies.

    Once again, the Commission’s report documents violence against civilians; arbitrary arrests; and detentions under the most horrific conditions where torture and sexual and gender-based violence are rife.

    Families receive no information or are misinformed about the fate and whereabouts of their loved ones following their detention. There is simply no end to the cruelty that the regime is apparently willing to inflict on those that it is meant to protect.

    The draft resolution highlights violations and abuses against a generation of children in Syria, who have known nothing but a world where violence, fear, hunger and loss are a daily reality.

    A world where at least 2.4 million children are out of school. Where those as young as 11 have endured sexual and gender-based violence in state-run detention facilities. Where children are the innocent victims of indiscriminate attacks on schools, hospitals and civilian areas.

    As we approach International Day of the Girl Child, it is important we note the particular vulnerability of girls in Syria. Throughout this long conflict, girls have been targeted based on their gender, subject to forced marriage, and have taken on increased care-giving responsibilities. It is no wonder that of those out of education, girls are disproportionately affected.

    Mr President,

    The resolution we present today condemns such violations and abuses and calls for them to stop.

    It demands that attacks on schools, healthcare and medical facilities cease. And it implores all parties to maintain unhindered, safe and sustainable humanitarian access to those in need.

    Importantly, the resolution acknowledges that Syria’s future depends on the ability of generations to come to engage meaningfully in a political solution to the conflict.

    I thank all those who have engaged constructively in the negotiation process. 

    If a vote is called on this resolution, I urge members of the Council to vote in favour of it.

    Commissioner Pinheiro made clear that Syrians continue to look to this house for hope, for help. We cannot, should not, will not, abandon them.

    Thank you.

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Economics: Apple debuts the first scripted film captured in Apple Immersive Video

    Source: Apple

    Headline: Apple debuts the first scripted film captured in Apple Immersive Video

    October 10, 2024

    UPDATE

    Apple debuts the first scripted film captured in Apple Immersive Video and reveals new immersive films for Apple Vision Pro

    New episodes, films, series, and concerts captured in Apple Immersive Video are set to debut later this year, with more coming early next year

    Today, Apple revealed new episodes, films, series, and music performances captured in Apple Immersive Video that will debut on Apple Vision Pro for free. Apple Immersive Video is a remarkable media format that leverages ultra-high-resolution 3D video and Spatial Audio to put viewers in the center of the action.

    Submerged, the first scripted short film captured in Apple Immersive Video, written and directed by Academy Award-winning filmmaker Edward Berger, is now available. Next month, Apple and The Weeknd will launch a breathtaking immersive music experience celebrating the seven-time diamond-certified artist’s highly anticipated new album, Hurry Up Tomorrow. With Concert for One, a new concert series set to debut later this year, fans will experience intimate performances from the world’s biggest artists, beginning with a special set from the award-winning British singer-songwriter RAYE. New episodes of Adventure, which follows pioneering athletes as they take on awe-inspiring challenges, will also release this year.

    Submerged

    This immersive fiction thriller, available to Apple Vision Pro users around the world for free, invites viewers onto a WWII-era submarine and follows its crew as they wrestle to combat a harrowing attack. This adrenaline-pumping thrill ride showcases the unique storytelling experiences made possible by Apple Immersive Video.

    “Apple Immersive Video allows Apple Vision Pro users around the world to experience the next generation of sports, documentaries, and music performances. With Submerged, an immersive film from visionary director Edward Berger, we’re excited to premiere the next generation of narrative filmmaking,” said Tor Myhren, Apple’s vice president of Marketing Communications. “Vision Pro places you in the middle of the story — inside a densely packed submarine, shoulder to shoulder with its crew. That deep sense of immersion just wasn’t possible before, and we can’t wait to see how it inspires filmmakers to push the boundaries of visual storytelling.”

    “Apple Immersive Video is a wonderful new medium that expands the horizon of storytelling,” said Edward Berger, director of the Academy Award-winning All Quiet on the Western Front and the upcoming, critically acclaimed Conclave. “Apple Vision Pro inspired me to tell a story in a way that just wasn’t possible before, and in the process, it changed the way my team and I think about creating a story. This immersive technology pioneered by Apple is going to change the future of filmmaking.”

    Shot on location in Prague, Brussels, and Malta over three weeks, Submerged was filmed using a full-scale 23-ton submarine set made with real steel, brass, and metal that was modeled after WWII-era vessels. Significant portions of the set were built to withstand being fully submerged, and featured practical camera traps and special effects that were uniquely rigged to expose Apple Immersive Video cameras to sparks, steam, water, and fire without breaking viewers’ sense of immersion. Cast members who might appear out of frame or focus in a 2D feature were meticulously scripted, and participated in extensive stunt rehearsals, including freedive training in dive tanks and open water, to maintain continuity and realism. Fans can go behind the scenes of Submerged with a short film that shows how the cast and crew crafted this immersive, action-packed drama exclusively for Apple Vision Pro.

    2024 NBA All-Star Weekend

    Next Friday, basketball fans will enjoy an immersive short film of the 2024 NBA All-Star Weekend, featuring the Rising Stars, the Slam Dunk contest, the first-ever NBA vs. WNBA 3-Point Challenge, “Stephen vs. Sabrina,” and highlights from the All-Star Game.

    Concert for One

    Concert for One is the first music series captured in Apple Immersive Video, bringing fans closer to their favorite artists than ever before. The inaugural performance comes from six-time BRIT Award winner RAYE, who alongside her 20-piece band offers her blend of R&B, jazz, and pop to viewers from the best seat in the house.

    Adventure

    After stepping into thin air above Norway’s breathtaking fjords with highliner Faith Dickey, and traversing the streets and rooftops of Paris with the world’s leading parkour group, viewers are invited to swim alongside freediver Ant Williams while he attempts to best his record for the longest distance under ice with just a single breath. The next episode of Adventure, “Ice Dive,” will debut in the U.S. in December.

    Early next year, viewers can experience the shores of Majorca, Spain, where world-class sport climber Kai Lightner tackles his biggest challenge yet: free-solo climbing over the secluded and rocky coves, where one slip will send him into the raging sea.

    Elevated

    In the next episode of Elevated, “Maine,” available early next year, viewers will experience a crisp autumn in New England, with a stunning journey along winding coastlines and above breathtakingly beautiful rivers.

    These new episodes, films, series, and concerts join the growing Apple Immersive Video catalog available today, which includes Alicia Keys: Rehearsal Room, Boundless, Elevated, Prehistoric Planet Immersive, Wild Life, and more — all available from the Apple TV app on Apple Vision Pro.

    Availability

    • Apple Vision Pro is available in Australia, Canada, China mainland, Hong Kong, France, Germany, Japan, Singapore, the U.K., and the U.S.
    • Users in these countries and regions can enjoy a free demo of Apple Vision Pro at their local Apple Store and receive an extended preview of Submerged upon request beginning Monday, October 14.
    • Apple Immersive Video is available at no additional cost from the Apple TV app in Australia, Canada, Hong Kong, France, Germany, Japan, Singapore, the U.K., and the U.S. Users in China mainland can access Apple Immersive Video from the Migu Video and Tencent Video apps, which are available to download for free from the App Store for Apple Vision Pro.
    • New Apple Immersive Video episodes and films debut in U.S. English with subtitles in additional languages. Title availability varies by country or region.

    Press Contacts

    Zach Kahn

    Apple

    zkahn@apple.com

    Andrea Schubert

    Apple

    a_schubert@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics

  • MIL-Evening Report: The Texas Chain Saw Massacre and its harrowing, visceral impact has been rarely matched, 50 years on

    Source: The Conversation (Au and NZ) – By Nicholas Godfrey, Senior Lecturer, College of Humanities, Arts and Social Sciences, Flinders University

    The Texas Chain Saw Massacre is a product of a unique time in American filmmaking, when independent exploitation films were nastier than ever, and equally capable of piercing the mainstream consciousness.

    Tobe Hooper’s 1974 film arrived in a recently transformed exhibition landscape. The 1967 outcry over onscreen violence in Bonnie and Clyde marked the end of Hollywood’s Motion Picture Production Code and the introduction of film ratings.

    Films like Easy Rider (1969) elevated the standing of formerly disreputable exploitation fare within Hollywood. By 1973, The Exorcist was packing out cinemas and producing lines around city blocks with the promise of the most unremitting horror film yet made.

    The Texas Chain Saw Massacre was shot quickly on a shoestring budget, financed in part by the newly-formed Texas Film Commission. The film assembled its cast and crew from Austin’s circles of recent college graduates and dropouts.

    Its plot is straightforward enough: a group of young people are stranded when they run out of gas in rural Texas. They are terrorised and subsequently murdered by an eccentric local family, including the chainsaw wielding Leatherface – a nonverbal, childlike giant who wears masks made from the skin of his flayed victims.

    We learn this family have lost their jobs at the local slaughterhouse with the introduction of bolt gun technologies, leaving them sell roadside meat made from human victims.

    This detail has inspired a range of thematic interpretations for the film, encompassing commentary on class and family, gender and animal rights.

    The film lays bare the horrors of meat production, inflicted on human victims. The family home is the site where these themes come into conflict.

    Porn and violence on screen

    The Texas Chain Saw Massacre was picked up by the Bryanston Distributing Company. In 1972, Bryanston was the distributor for the theatrical release of the hardcore pornographic film Deep Throat. The film’s success shifted popular discourse around pornography, and helped Bryanston widen the theatrical release for The Texas Chain Saw Massacre.

    In subsequent years, media reported on alleged abusive on-set conditions on Deep Throat, along with claims Bryanston was connected with organised crime. Director Hooper, and many of the Chain Saw Massacre cast, alleged they never received their share of box office from the distributor.

    A 1974 poster.
    Ralf Liebhold/Shutterstock

    The Texas Chain Saw Massacre’s proximity to Deep Throat stoked controversy, conflating concern about increasingly extreme depictions of sex and violence onscreen.

    Two years earlier, young filmmaker Wes Craven had transitioned from making pornography to horror film. His low budget rape-revenge exploitation film The Last House on the Left (1972) was originally developed as a hardcore pornographic film. This approach was abandoned when it entered production.

    Unlike Craven’s notorious film, The Texas Chain Saw Massacre is not overtly sexualised. While there may be a sexual undertone to Leatherface’s pursuit of Sally and her companions, it does not escalate to onscreen acts of sexual violence.

    Regardless, the film drew condemnation, particularly in the United Kingdom, where it was banned, and later figured in public debates about the censorship of “video nasties” in the 1980s.

    For my part, I remember encountering The Texas Chain Saw Massacre at the video rental store as a child: its title, cover and R-rating promised horrors beyond comprehension, many years before I actually saw the film itself.

    Horrors implied, rather than shown

    Beyond its controversies, The Texas Chain Saw Massacre played an important role in the developing field of horror film studies. It figures prominently in Robin Wood’s taxonomy of “reactionary” horror movies (which uphold traditional values) and “progressive” horror movies, which take a more ambivalent stance on the figure of the monster, challenging conservative social values. Wood counts The Texas Chain Saw Massacre in the latter category.

    It is also central to Carol J. Clover’s influential codification of the “final girl” narrative trope, in which a sole young woman is able to withstand the monster’s onslaught.

    Alongside Halloween (1978), The Texas Chain Saw Massacre helped steer the trajectory of American horror films in the 1980s.

    Halloween is situated within the manicured surroundings of suburbia, and conveys its menace through the slick technical qualities of its gliding camera, and John Carpenter’s staccato synth score.

    By contrast, The Texas Chain Saw Massacre locates its horror in the backroads and decrepit farmhouses of central Texas. The idea of Texas looms large, connoting a place of lawlessness, violence and danger.

    Hooper punctuates his long shots with extreme close ups via rapid editing. The film’s most grotesque horrors are implied, rather than shown. Its most visceral impact comes from its extended chase sequences, and via its soundtrack: Sally’s piercing screams, and Leatherface’s ever-present chainsaw.

    While the Texas Chain Saw Massacre spawned several sequels and influenced even more imitators over the years, from the Ramones to Wolf Creek (2005) and X (2022), it has rarely been matched in its intensity, and its harrowing, visceral impact.

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

    ref. The Texas Chain Saw Massacre and its harrowing, visceral impact has been rarely matched, 50 years on – https://theconversation.com/the-texas-chain-saw-massacre-and-its-harrowing-visceral-impact-has-been-rarely-matched-50-years-on-236700

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Banking: Global goods trade on track for gradual recovery despite lingering downside risks

    Source: World Trade Organization

    In the October 2024 update of “Global Trade Outlook and Statistics,” WTO economists note that global merchandise trade turned upwards in the first half of 2024 with a 2.3% year-on-year increase, which should be followed by further moderate expansion in the rest of the year and in 2025. The rebound comes on the heels of a -1.1% slump in 2023 driven by high inflation and rising interest rates. World real GDP growth at market exchange rates is expected to remain steady at 2.7% in 2024 and 2025. 

    Inflation by the middle of 2024 had fallen sufficiently to allow central banks to cut interest rates.  Lower inflation should raise real household incomes and boost consumer spending, while lower interest rates should raise investment spending by firms.

    Director-General Ngozi Okonjo-Iweala said: “We are expecting a gradual recovery in global trade for 2024, but we remain vigilant of potential setbacks, particularly the potential escalation of regional conflicts like those in the Middle East. The impact could be most severe for the countries directly involved, but they may also indirectly affect global energy costs and shipping routes. Beyond the economic implications, we are deeply concerned about the humanitarian consequences for those affected by these conflicts.”

    “It is imperative that we continue to work collectively to ensure global economic stability and sustained growth, as these are fundamental to enhancing the welfare of people worldwide. In the past three decades since the WTO was established, per capita incomes in low- and middle-income economies have nearly tripled. We must continue our efforts to foster inclusive global trade,” DG Okonjo-Iweala said.

    Diverging monetary policies among major economies could lead to financial volatility and shifts in capital flows as central banks bring down interest rates. This might make debt servicing more challenging, particularly for poorer economies. There is also some limited upside potential to the forecast if interest rate cuts in advanced economies stimulate stronger than expected growth without reigniting inflation.

    Regional trade outlook

    “The latest forecasts for world trade in 2024 and 2025 only show modest revisions since the last Global Trade Outlook and Statistics report in April, but these projections do not capture some important changes in the regional composition of trade. Historical trade volume data have been revised substantially, including downward revisions to European exports and imports back to 2020.  There have also been notable changes in GDP forecasts by region, including a 0.4 percentage point upgrade to North America’s growth, which could influence trade flows in other regions as well,” WTO Chief Economist Ralph Ossa said.

    Europe is now expected to post a decline of 1.4% in export volumes in 2024; imports will meanwhile decrease by 2.3%. Germany’s economy contracted by 0.3% in the second quarter, with manufacturing indicators hitting 12-month lows in September. European exports have been dragged down by the region’s automotive and chemicals sectors. A slump in EU exports of automotive products is worrying due to the potential impact on the sector’s extensive supply chains. Meanwhile, organic chemical exports — some associated with medicines — are returning to normal trends following a surge during the COVID-19 pandemic. EU machinery imports also plummeted, particularly from China. This trend extends beyond geopolitical tensions, affecting imports from the United States, the Republic of Korea and Japan. Meanwhile, rising imports from India and Viet Nam suggest their growing roles in global supply chains.

    Asia’s export volumes will grow faster than those of any other region this year, rising by as much as 7.4% in 2024. The region saw a strong export rebound in the first half of the year driven by key manufacturing economies such as China, Singapore and the Republic of Korea. Asian imports show divergent trends: while China’s growth remains modest, other economies such as Singapore, Malaysia, India and Viet Nam are surging. This shift suggests their emerging role as “connecting” economies, trading across geopolitical blocs, thereby potentially mitigating the risk of fragmentation.

    South America (1) is rebounding in 2024, recovering from weaknesses in both exports and imports experienced in 2023. North American trade is largely driven by the United States although Mexico stands out with stronger import growth compared to the region as a whole. Mexican imports are rebounding after a contraction in 2023, underscoring the country’s growing role as a “connecting” economy in trade.

    Africa’s export growth is in line with the global trend. It has been revised downward from the April forecast, driven by an overall revision of Africa’s trade statistics, and a greater-than-expected weakening in Europe’s imports, Africa’s main trade partner. In April, WTO economists forecasted a contraction in the CIS region’s (2) imports for 2024, but now it is projected to post 1.1% growth, driven by stronger-than-expected GDP expansion. The Middle East had a major revision in its data, explaining the discrepancy between the April forecast and the current projections.

    Merchandise exports of least-developed countries (LDCs) are projected to increase by 1.8% in 2024, marking a slowdown from the 4.6% growth recorded in 2023. Export growth is expected to pick up in 2025, reaching 3.7%. Meanwhile, LDC imports are forecast to grow 5.9% in 2024 and 5.6% in 2025, following a 4.8% decline in 2023. These projections are underpinned by GDP growth estimates for LDCs of 3.3% in 2023, 4.3% in 2024 and 4.7% in 2025.

    Trade in services

    The short-term outlook for services is more positive than for goods, with 8% year-on-year growth in the US dollar value of commercial services trade recorded in the first quarter of 2024. Comprehensive services statistics for the second quarter will be released later in October, but data for available reporters through June suggest that relatively strong growth is likely to be sustained in the second quarter as well. 

    The services new export orders index rose to 51.7 in August, its highest level since July 2023. The services Purchasing Managers’ Index remained firmly in expansion territory at 52.9 as of August, although it did turn down in September.

    The full report is available here.

    Detailed quarterly and annual trade statistics can be downloaded from the WTO Stats portal. In addition, the interactive tool WTO | World Trade Statistics 2023 presents key data and trends for international trade, allowing users to view the latest trends, in terms of both value and volume, using filters to display the data by economy, region, selected grouping, product group and services sector.

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  • MIL-OSI Europe: Italy: EIB and Intesa Sanpaolo announce agreement to stimulate up to €8 billion investment in the wind industry

    Source: European Investment Bank

    ©maxpro/ Shutterstock

    • The operation includes a €500 million EIB counter-guarantee enabling Intesa Sanpaolo to create a portfolio of bank guarantees of up to €1 billion, expected to unlock €8 billion of investment in the real economy.
    • The agreement is part of the EIB’s €5 billion wind power package to boost Europe’s wind power manufacturing sector.
    • The operation is backed by InvestEU, the EU programme aiming to mobilise investment of more than €372 billion by 2027.

    The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry. It forms part of the EIB’s €5 billion wind power package, an investment plan announced by the EU bank at COP28 in Dubai and activated in July, and it is the first agreement under this package supported by InvestEU. It follows a similar initiative between the EIB and Germany-based Deutsche Bank AG. The EIB wind-focused programme aims to support the production of 32 GW of the 117 GW of wind capacity needed to enable the European Union to meet its goal of generating at least 45% of its energy from renewable sources by 2030. It is a key element of the European Wind Power Package, in particular its Action Plan, presented by the European Commission in October 2023.

    In concrete terms, the EIB will provide a €500 million counter-guarantee to Intesa Sanpaolo, enabling the Italian bank to create a portfolio of bank guarantees of up to €1 billion. These will back the supply chain and power grid interconnection for new wind farms projects across the European Union. The leverage effect of the EIB counter-guarantee is expected to mobilise additional funding from other investors to support increasing production and accelerating wind energy development, helping to stimulate an estimated €8 billion of investment in the real economy.

    “Wind energy is central to European energy independence,” said EIB Vice-President Gelsomina Vigliotti. “Producers are facing challenges such as high costs, uncertain demand, slow permitting, supply chain bottlenecks and strong international competition. This agreement shows how the EIB’s risk-sharing instruments help overcome these difficulties and finance key projects for the green transition and the decarbonisation of the European economy, while enhancing industrial competitiveness.”

    Mauro Micillo, Chief of Intesa Sanpaolo’s IMI Corporate & Investment Banking Division, commented: “The energy transition requires significant investments and a virtuous collaboration between public and private stakeholders. In this context, the development of renewable energies is one of the key objectives of the green strategies at national and European level. Thanks to many years of collaboration with the EIB, the IMI CIB Division of Intesa Sanpaolo has developed innovative instruments aimed at supporting large international groups’ infrastructure investments, including interconnections and electricity grids, enabling strategic sustainable projects in Europe. The recent transactions enhance our support for the entire wind energy supply chain, with a focus on ESG goals, in collaboration with our clients and the European institutions. The Intesa Sanpaolo Group thus confirms its role as a driver of innovation and its support to corporates and institutions for a sustainable economic development.”

    European Commissioner for the Economy Paolo Gentiloni said: “This agreement marks another important step in Europe’s efforts to support the wind power manufacturing sector. Amid global uncertainty, the InvestEU programme is mobilising crucial investments where they are most needed. With €8 billion in investments flowing into the real economy, we are reinforcing our commitment to achieving the climate neutrality and energy independence, while contributing to economic growth and job creation.”

    Commissioner for Energy Kadri Simson said: “Ensuring that the European wind manufacturing sector remains a strong power player is key to achieve our clean energy and climate goals and keep our industry competitive. I welcome this further initiative of the EIB with Intesa Sanpaolo. It will help deliver our European Wind Power Package by unlocking investments in this crucial sector for the green transition.”

    Background information

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It provides long-term financing for sound investments that contribute to EU policy. The Bank finances projects in four priority areas: infrastructure, innovation, climate and environment, and small and medium-sized enterprises (SMEs). Between 2019 and 2023, the EIB Group provided €58 billion in financing for projects in Italy.

    The InvestEU programme provides the European Union with long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps to crowd in private investment for the European Union’s strategic priorities such as the European Green Deal and the digital transition. InvestEU brings all EU financial instruments previously available for supporting investments within the European Union together under one roof, making funding for investment projects in Europe simpler, more efficient and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub, and the InvestEU Portal. The InvestEU Fund is deployed through implementing partners that will invest in projects using the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increase their risk-bearing capacity and thus mobilise at least €372 billion in additional investment.

    The European Commission presented the European Wind Power Package in October 2023 to tackle the unique set of challenges faced by the wind sector, including insufficient and uncertain demand, slow and complex permitting, lack of access to raw materials and high inflation and commodity prices, among others. In a specific Action Plan, the Commission set out a set of initiatives concerning permitting, auction design, skills and access to finance to ensure that the clean energy transition goes hand-in-hand with industrial competitiveness and that wind power continues to be a European success story. As part of this plan, in July 2024, the European Investment Bank (EIB) activated a €5 billion initiative to support manufacturers of wind-energy equipment in Europe.

    Intesa Sanpaolo, with over €422 billion in loans and €1.35 trillion in customer financial assets at the end of June 2024, is the largest banking group in Italy, with a significant international presence. It is a European leader in wealth management, with a strong focus on digital and fintech. In the environmental, social and governance domain, it plans to make €115 billion in impact contributions to the community and green transition by 2025. Its programme to support people in need totals €1.5 billion (2023-2027). Intesa Sanpaolo’s Gallerie d’Italia museum network is an exhibition venue for its artistic heritage collection and cultural projects of recognised value. Intesa Sanpaolo’s IMI Corporate and Investment Banking Division will use the EIB funds to provide bank guarantees on advances received and plant performance to wind energy producers. The EIB has signed agreements totalling almost €5 billion with Intesa Sanpaolo over the last five years.

    MIL OSI Europe News

  • MIL-OSI Security: Two Russian Nationals Charged for Their Participation in an Illicit Procurement Network That Exported to Russia Sensitive U.S.-Sourced Microelectronics with Military Applications in Violation of U.S. Export Controls

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    Damian Williams, the United States Attorney for the Southern District of New York, James E. Dennehy, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), and Jonathan Carson, the Special Agent in Charge of the Office of Export Enforcement of the New York Field Office of the Bureau of Industry and Security of the U.S. Department of Commerce, announced today that ZHANNA SOLDATENKOVA and RUSLAN ALMETOV, both Russian nationals, were indicted along with ARTHUR PETROV, a dual Russian and German national, for export control violations, smuggling, wire fraud, and money laundering in connection with their alleged participation in a scheme to procure U.S.-sourced microelectronics subject to U.S. export controls on behalf of a Russia-based supplier of critical electronics components for manufacturers supplying weaponry and other equipment to the Russian military.  PETROV, previously charged in a criminal Complaint, was arrested on August 26, 2023, in the Republic of Cyprus at the request of the U.S. and was extradited from the Republic of Cyprus earlier this year.  He arrived in the Southern District of New York on August 8, 2024, and was ordered detained.  SOLDATENKOVA and ALMETOV are at large.  The case is assigned to U.S. District Judge Alvin K. Hellerstein.

    The indictment can be read here.

    U.S. Attorney Damian Williams said: “Zhanna Soldatenkova and Ruslan Almetov are now charged, alongside previously charged Arthur Petrov, for conspiring to smuggle microelectronics with military applications from U.S. distributors to a Russian company that supplies manufacturers for the Russian military.  This Office is committed to exposing the full breadth of such illicit procurement networks and protecting our national security.”

    Assistant Director in Charge James E. Dennehy said: “Zhanna Soldatenkova and Ruslan Almetova, along with Arthur Petrov, allegedly conspired to evade export laws as members of an illegal international procurement network to help aid the Russian defense industry.  As alleged, by deliberately concealing the true nature of their business, they not only violated the law but ultimately put the national security of our country at risk.  The FBI, in concert with our partners, is determined to protect the United States and will hold accountable anyone attempting to harm our nation.”

    Special Agent in Charge Jonathan Carson said: “As this action demonstrates, we will work with our domestic and international law enforcement partners to charge alleged violators wherever they may be worldwide. Illegal global procurement networks that prop up the Russian war machine will not be tolerated. That’s why we and our law enforcement partners are working nonstop to ensure that those operating such networks face American justice.”

    According to the allegations contained in the Indictment returned in Manhattan federal court:[1]

    PETROV is a dual Russian-German national who previously resided in Russia and Cyprus and worked for LLC Electrocom VPK (“Electrocom”), a Russia-based supplier of critical electronics components for manufacturers supplying weaponry and other equipment to the Russian military.  SOLDATENKOVA is a Russian national who has resided in Russia and worked for Electrocom.  ALMETOV is also a Russian national who has resided in Russia and was the co-founder and served as General Director of Electrocom.

    PETROV, SOLDATENKOVA, and ALMETOV operated an illicit procurement network in Russia and elsewhere overseas.  More specifically, they fraudulently procured from U.S. distributors large quantities of microelectronics subject to U.S. export controls on behalf of Electrocom.  To carry out the scheme, PETROV, SOLDATENKOVA, and ALMETOV used shell companies and other deceptive means to conceal that the electronics components were destined for Russia.  The technology that the defendants procured in contravention of export controls had significant military applications and included various types of electronics components of the sort that have been recovered in Russian military hardware on the battlefield in Ukraine, such as Russian guided missiles, drones, and electronic warfare and communications devices.

    To perpetrate the scheme, PETROV first acquired the controlled microelectronics from U.S.-based electronics exporters using a Cyprus-based shell company, Astrafteros Technokosmos LTD (“Astrafteros”), which he operated.  PETROV procured these sensitive electronics components by falsely representing to the U.S. exporters that Astrafteros was purchasing the items for fire security systems, among other commercial uses, and that the ultimate end-users and destinations of the electronics are companies in Cyprus or other third countries — when in fact the components were destined for Electrocom in Russia, which supplies manufacturers for the Russian military.  The microelectronics that PETROV procured as part of the conspiracy included, among other things, microcontrollers and integrated circuits on the Commerce Control List maintained by the Commerce Department and which could not lawfully be exported or reexported to Russia without a license from the Commerce Department.  Invoices provided to PETROV by the U.S. distributors expressly noted that these microcontrollers and integrated circuits were subject to U.S. export controls.

    To evade these controls, PETROV, SOLDATENKOVA, and ALMETOV worked together to transship the controlled items procured by PETROV using pass-through entities operated by SOLDATENKOVA and ALMETOV in third countries.  SOLDATENKOVA and ALMETOV then caused the items to be shipped, sometimes through yet another country, to the ultimate destination: Electrocom in Saint Petersburg, Russia.  At all times, PETROV, SOLDATENKOVA, and ALMETOV concealed from the U.S. distributors that they were procuring the controlled electronics components on behalf of Electrocom and that the items were destined for Russia.  During the course of the conspiracy, PETROV, SOLDATENKOVA, and ALMETOV procured from U.S. distributors and shipped to Russia more than $225,000 worth of controlled electronics components with military applications.

    *                *                *

    A table containing the charges and maximum penalties for PETROV, 35, of Russia and Cyprus, SOLDATENKOVA, 36, of Russia, and ALMETOV, 43, of Russia, is set forth below.  The maximum penalties are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendants will be determined by a judge.

    Charge

    Defendants

    Maximum Penalties

    Count One:  Conspiracy to defraud the United States (18 U.S.C. § 371) PETROV, SOLDATENKOVA, and ALMETOV 5 years’ imprisonment
    Count Two:  Conspiracy to violate the Export Control Reform Act (“ECRA”) (50 U.S.C. §§ 4819(a)(1), 4819(a)(2)(A)-G), and 4819(b); 15 C.F.R. §§ 736.2(b)(1), 746.8(a)(1), and 764.2) PETROV, SOLDATENKOVA, and ALMETOV 20 years’ imprisonment
    Count Three:  Violation of ECRA (50 U.S.C. §§ 4819(a)(1), 4819(a)(2)(A)-G), and 4819(b); 15 C.F.R. §§ 736.2(b)(1), 746.8(a)(1), and 764.2) PETROV and SOLDATENKOVA 20 years’ imprisonment
    Count Four:  Violation of ECRA (50 U.S.C. §§ 4819(a)(1), 4819(a)(2)(A)-G), and 4819(b); 15 C.F.R. §§ 736.2(b)(1), 746.8(a)(1), and 764.2) PETROV and SOLDATENKOVA 20 years’ imprisonment
    Count Five:  Violation of ECRA (50 U.S.C. §§ 4819(a)(1), 4819(a)(2)(A)-G), and 4819(b); 15 C.F.R. §§ 736.2(b)(1), 746.8(a)(1), and 764.2) PETROV, SOLDATENKOVA, and ALMETOV 20 years’ imprisonment
    Count Six:  Conspiracy to smuggle goods from the United States (18 U.S.C. § 371) PETROV, SOLDATENKOVA, and ALMETOV 5 years’ imprisonment
    Count Seven:  Smuggling goods from the United States (18 U.S.C. §§ 554(a) and 2) PETROV and SOLDATENKOVA 10 years’ imprisonment
    Count Eight:  Smuggling goods from the United States (18 U.S.C. §§ 554(a) and 2) PETROV and SOLDATENKOVA 10 years’ imprisonment
    Count Nine:  Smuggling goods from the United States (18 U.S.C. §§ 554(a) and 2) PETROV, SOLDATENKOVA, and ALMETOV 10 years’ imprisonment
    Count Ten:  Conspiracy to commit wire fraud (18 U.S.C. § 1349) PETROV, SOLDATENKOVA, and ALMETOV 20 years’ imprisonment
    Count Eleven:  Conspiracy to commit money laundering (18 U.S.C. §§ 1956(h), 1956(f)) PETROV, SOLDATENKOVA, and ALMETOV 20 years’ imprisonment

    Mr. Williams praised the outstanding investigative work of the FBI and its New York Field Office, Counterintelligence Division and the New York Field Office of the Bureau of Industry and Security of the Department of Commerce.  Mr. Williams also thanked the FBI’s Legal Attaché offices in Poland, Germany, and Athens, Greece; the Department of Justice’s National Security Division, Counterintelligence and Export Control Section; the Department of Justice’s Office of International Affairs; the Republic of Cyprus Ministry of Justice and Public Order; and the Law Office of the Republic for their assistance.  The Republic of Cyprus National Police also provided critical assistance in effecting the defendant’s arrest and detention at the request of the U.S.

    This prosecution is coordinated through the Justice Department’s Task Force KleptoCapture and the Justice and Commerce Departments’ Disruptive Technology Strike Force.  Task Force KleptoCapture is an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, export restrictions, and economic countermeasures that the U.S. has imposed, along with its allies and partners, in response to Russia’s unprovoked military invasion of Ukraine.  The Disruptive Technology Strike Force is an interagency law enforcement strike force co-led by the Departments of Justice and Commerce designed to target illicit actors, protect supply chains, and prevent critical technology from being acquired by authoritarian regimes and hostile nation states.

    This case is being handled by the Office’s National Security and International Narcotics Unit.  Assistant U.S. Attorney Kevin Sullivan is in charge of the prosecution, with assistance from Trial Attorney Maria Fedor of the Counterintelligence and Export Control Section.

    The charges in the Indictment are merely accusations, and the defendants are presumed innocent unless and until proven guilty.


    [1] As the introductory phrase signifies, the entirety of the text of the Indictment and the description of the Indictment set forth herein constitute only allegations, and every fact described should be treated as an allegation.

    MIL Security OSI

  • MIL-OSI Security: Defense News: CNO Strengthens Partnerships at 14th Trans-Regional Seapower Symposium

    Source: United States Navy

    VENICE, Italy – Chief of Naval Operations, Adm. Lisa Franchetti, attended the 14th Trans-Regional Seapower Symposium (TRSS) in Venice, Italy, Oct. 8-10, 2024.

    This year’s TRSS brought together Heads of Navy and Coast Guard from 67 countries with experts and professionals from around the world to discuss critical maritime issues and foster collaboration. The symposium, themed “A Spotlight on the Depths: the Underwater as a New Frontier for Humankind,” aimed to address the growing importance of the underwater through panel discussions, presentations, and interactive sessions that allowed participants to explore innovative approaches and strategies for maritime cooperation.

    “It is great to be here among friends who are united by our shared values, our shared commitment, and our shared stake in the continued stability, security, and prosperity of the entire global maritime commons, especially in the undersea domain,” said Franchetti.  “We’ve all scanned the horizon and see the forces that are threatening to make the world more unstable and more dangerous. And we’ve witnessed the vulnerabilities of our critical undersea infrastructure, like gas pipelines, fiber optic cables, which are so critical to our economies, our shared security, our prosperity, and our peoples’ way of everyday life.”

    During the symposium, Franchetti participated in a panel titled “Safeguarding the Underwater: New Solutions and Technologies for new Challenges,” where she discussed how U.S. Navy is leveraging modern technology, like robotic autonomous systems, underwater command and control networks, and sensing and detection systems; is integrating these systems into the fleet and adopting the new technology, getting the innovation into the hands of Sailors as quickly as possible; and building relationships and having conversations with Allies and partners.

    “Integrating robotic and autonomous systems into the daily business of our operations is a critical part of my recently released Navigation Plan for America’s War Fighting Navy,” said Franchetti.  “It’s one of my seven Project 33 targets, areas where I will invest my personal time and my resources, where I’m going to put my thumb on the scale to raise the baseline level of readiness of the American Navy in the fastest time possible.”

    She went on to say, “we are continuing to closely collaborate with you, all of our allies and partners, and your respective innovation bases to advance our capabilities in the undersea domain.  And I see us doing this together as part of a broader warfighting ecosystem.  It’s another component in my Navigation Plan, which is fundamental to my vision of how we will deter and, if necessary, fight and win future wars.”

    While at the symposium Franchetti also held bilateral engagement with her counterparts from Denmark, Germany, Greece, Italy, Nigeria, Portugal, Romania, Spain, and Sweden; and conducted over 40 meaningful discussions with TRSS Head of Navy participants about the importance of increasing interoperability with Allies and partners.

    Franchetti also conducted her second trilateral meeting with her Australian and United Kingdom counterparts as part of the AUKUS partnership. Their first meeting occurred earlier this summer at HMAS Stirling in Perth, Australia.

    “In three years of  the AUKUS agreement we have made significant progress in integrating the exceptional undersea capabilities of Australia, the United Kingdom and the United States,” said Franchetti. “Our navies will continue to build on our relationships, strengths, and interchangeability to provide security and stability, and maintain the rules-based international order in the Indo-Pacific and around the globe.

    The CNO wrapped up her time at TRSS with a multilateral meeting with Heads of Navy from the Group of Seven (G7: U.S., Canada, France, Germany, Italy, Japan and the United Kingdom) and a meeting with the chiefs of carrier strike group navies.

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