Category: Germany

  • MIL-OSI Security: Defense News: Readout of Chief of Naval Operations Adm. Lisa Franchetti’s Meeting Inspector of the German Navy Vice Adm. Jan Christian Kaack

    Source: United States Navy

    VENICE, Italy – Chief of Naval Operations Adm. Lisa Franchetti met Inspector of the German Navy Vice Adm. Jan Christian Kaack, for a formal bilateral engagement during the 14th Trans-Regional Seapower Symposium (TRSS) in Venice, Italy, today.

    The heads of navy discussed the security environment in Europe and the Middle East, as well as opportunities to increase their interchangeability through bilateral and multilateral operations in the Indo-Pacific.

    Franchetti thanked Kaack for the German Navy’s deployment to the Indo-Pacific and expanded participation in this year’s Rim of the Pacific Exercise. The leaders noted that the many lessons learned through their shared experience will make both of their navies more ready to operate together globally in the future.

    Franchetti and Kaack also discussed the CNO’s recently-released strategic guidance: the Navigation Plan for America’s Warfighting Navy and the similarities with the “German Navy Objectives for 2035 and beyond,” notably on the need to prioritize operationally integrating robotic and autonomous systems.

    Germany is a key NATO ally and critical partner in maintaining peace and stability around the globe.

    MIL Security OSI

  • MIL-OSI Economics: WTO Fish Fund Steering Committee meeting focuses on preparing for full operations

    Source: WTO

    Headline: WTO Fish Fund Steering Committee meeting focuses on preparing for full operations

    The meeting brought together key stakeholders working for the operationalization of the Fish Fund in support of developing and least-developed country (LDC) members’ implementation of the Agreement on Fisheries Subsidies.
    “Last time we gathered in July for the Second Steering Committee meeting, I remarked how impressive it was that this Steering Committee had so quickly achieved tangible results and was about to deliberate on the framework documents that will enable the Fish Fund to begin its operations,” Deputy Director-General Angela Ellard said at the meeting. “Since then, I have been following the Committee’s work very closely, and I can see from today’s full agenda that your remarkable efforts are continuing to deliver results.”
    DDG Ellard reported that the Fund has received close to USD 12 million from donors and has signed contribution agreements for more than USD 3.5 million. The members that have contributed to the Fund thus far are Australia, Canada, the European Union, Finland, France, Germany, Iceland, Japan, the Republic of Korea, Liechtenstein, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, and most recently the United Arab Emirates. The United Kingdom has pledged GBP 1 million.
    “These resources will have a real impact, and members are waiting to put them to good use,” DDG Ellard said.
    The Secretariat updated the Steering Committee that the consulting firm Dalberg was selected through a procurement process to develop the Monitoring, Evaluation, and Learning (MEL) framework for the Fish Fund. The Manager of the Fish Fund reported on progress in planning for future calls for project proposals to be supported by the Fund and other updates on strategy, budget, staffing, and communications.
    The meeting also featured a presentation from the International Institute for Sustainable Development (IISD) on its Self-Assessment Tool for implementing the Fisheries Subsidies Agreement. Belize shared its experiences using this tool.  The Seychelles Fishing Authority unveiled a project to upgrade its fisheries management system.
    Because the new Agreement on Fisheries Subsidies will involve adjustments and enhancements to WTO members’ legislative and administrative frameworks, their transparency and notification obligations, and their fisheries management policies and practices, Article 7 of the Agreement provides for the creation of a voluntary funding mechanism to provide targeted technical assistance and capacity building to help developing and least developed country members with implementation. For the Agreement to enter into force, two-thirds of members have to deposit their “instruments of acceptance” with the WTO. Eighty-four WTO members have formally accepted the Agreement; twenty-seven more are needed for the Agreement to come into effect. Resources from the WTO Fish Fund will be available to members once they have deposited their instrument of acceptance.
    The list of members that have deposited their instruments of acceptance is available here. More information on the Fund is available here.

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    MIL OSI Economics

  • MIL-OSI New Zealand: Activist News – Global day of action against Big Meat and Dairy climate pollution starts with Fonterra – Greenpeace

    Source: Greenpeace

    Dramatic scenes have unfolded outside the offices of Big Meat and Dairy companies around the world overnight as Greenpeace concludes a global day of action against livestock industry climate pollution. The protests kicked off inNew Zealand yesterday morning and continued through the night in Denmark, Sweden, and Germany.
    In Denmark, activists targeted pork and beef producer Danish Crown, while in Sweden, activists targeted Arla, the fifth biggest dairy company in the world. In Germany, activists protested outside the headquarters of Müller – a German dairy corporation. All of the actions featured billowing plumes of pink smoke, symbolising the outsized methane emissions from the global livestock industry.
    Greenpeace Aotearoa spokesperson Sinéad Deighton-O’Flynn says, “We have the chance to pull the climate emergency brake by cutting methane emissions now. If the world reduces cow numbers, we can slow down climate change and prevent the worst climate catastrophes,” says Deighton-O’Flynn.
    “As one of the world’s biggest exporters of dairy products, New Zealand has a huge role to play in this story. That requires us to demand better from our biggest dairy company, Fonterra.”
    Greenpeace Nordics spokesperson Shefali Sharma says, “For so long, we have tiptoed around big meat and dairy companies and their unfettered growth as if they are somehow exempt from making the drastic changes required of everyone else on this planet.
    “It’s always either the farmer or the consumer who has to change, while these companies decide what farmers grow, what they are paid and what we eat. We have shown that the pathway is clear.”
    The day of action coincided with the launch of a Greenpeace report revealing that the methane emissions of 29 meat and dairy corporations are larger than those of the top 100 methane-emitting companies in the fossil fuel sector. The report goes in-depth into a critique of Fonterra’s climate roadmap, showing it to be full of greenwash without any substantial action to reduce methane emissions.

    MIL OSI New Zealand News

  • MIL-OSI Economics: MILOS study highlights potential of bempedoic acid to advance dyslipidemia treatment, says GlobalData

    Source: GlobalData

    MILOS study highlights potential of bempedoic acid to advance dyslipidemia treatment, says GlobalData

    Posted in Pharma

    Daiichi Sankyo has recently announced the final two-year follow-up data from the German cohort of the MILOS study. The MILOS study is a real-world investigation into the use of bempeodoic acid for managing high cholesterol levels. Bempedoic acid and its fixed dose combination with ezetimibe, with or without other lipid therapies, have been shown to significantly reduce low-density lipoprotein cholesterol (LDL) levels in patients with hypercholesterolemia or mixed dyslipidaemia. Hence, bempedoic acid in combination can advance dyslipidemia treatment, says GlobalData, a leading data and analytics company.

    Conducted across Germany, patients LDL-C levels were measured at pre-treatment, year one, and year two. Over the two-year period, LDL-C levels showed a mean reduction from 3.1 mmol/L at pre-treatment to 2.0 mmol/L at year two, representing an average decrease of 30.3%. The safety profile of bempedoic acid observed in this real-world population was consistent with that seen in the CLEAR clinical trials.

    Dr Shireen Mohammad, Senior Cardiovascular & Metabolic Disorders Analyst at GlobalData, comments: “The market for bempedoic acid in the dyslipidemia space is highly competitive, with several established players such as statins and PCSK9 inhibitors. However, bempedoic acid offers several advantages over these therapies, including a different mechanism of action and a lower risk of adverse effects such as muscle pain and liver toxicity. As such, bempedoic acid is expected to see significant growth in the dyslipidemia market, particularly in patients who are unable to tolerate or do not respond to other lipid-lowering therapies.”

    Several Key Opinion Leaders (KOLs) from GlobalData have expressed that the combination of bempedoic acid and ezetimibe has the potential to become a widely used treatment option. Particularly in patients with statin intolerance, this may lead to the consideration of combining bempedoic acid with ezetimibe as an alternative treatment option.

    KOLs from GlobalData have also highlighted the unmet need for effective triglyceride-lowering therapies in the field of dyslipidemia. High triglyceride levels are a common lipid abnormality that is associated with an increased risk of cardiovascular disease. While current standard-of-care therapies for dyslipidemia, such as statins, are effective at lowering LDL cholesterol levels, they have limited efficacy in lowering triglyceride levels.

    Dr Mohammad concludes: “There is an unmet need for better therapies to specially target high triglyceride levels, and this study offers promising prospects for effective dyslipidemia treatments.”

    MIL OSI Economics

  • MIL-OSI: 21Shares Grows its European Crypto ETP Lineup with the Launch of Future of Crypto Index ETP (FUTR)

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, 10 October 2024 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange traded products (ETPs), today announced the launch of the 21Shares Future of Crypto Index ETP (FUTR) on Euronext Paris and Euronext Amsterdam. FUTR represents the latest addition to its growing European product lineup, representing the firm’s 44th crypto ETP, its 10th crypto basket ETP, and its first-ever crypto megatheme ETP.

    Exchange Product Name Ticker ISIN Fee
    Euronext Paris 21Shares Future of Crypto Index ETP FUTR FP CH1382892102 1.49%
    Euronext Amsterdam 21Shares Future of Crypto Index ETP FUTR NA CH1382892102 1.49%

    “Global excitement, demand and momentum for crypto is undeniable. And 21Shares has been at the forefront of increasing global access to the crypto asset class since inception in 2018 – offering investors a six-year track record of developing, launching and managing crypto ETPs,” said Hany Rashwan, Co-Founder and CEO of 21Shares. “As 21Shares’ first-ever crypto megatheme ETP, FUTR represents the next evolution of the firm’s European product lineup and a potential opportunity for investors looking for the next step after allocating to Bitcoin (BTC) and Ethereum (ETH).”

    Rashwan continued: “With the launch of FUTR, 21Shares is thrilled to leverage the firm’s world-class product development and research capabilities to bring investors access to a future-oriented, broad-based index offering easy exposure to the most promising sectors of the crypto ecosystem.”

    FUTR provides investors with comprehensive exposure to the top sectors and themes anticipated to drive the future growth of the crypto market. By tracking a broad-based index that covers over 80% of the market, the ETP offers exposure to six key megathemes expected to drive long-term growth in the crypto market:

    1. Payment Platforms: Payment platforms are blockchains or protocols specialized in transferring value.
    2. Smart Contract Platforms: A smart contract platform is a base blockchain with built-in general-purpose programmability that allows developers to write smart contracts and launch decentralized applications (dApps).
    3. Blockchain Accelerators: A blockchain accelerator is a separate blockchain that helps augment the network capacity of a settlement blockchain by orders of magnitude while inheriting the security guarantees of the latter.
    4. Decentralized Finance (DeFi): Decentralized finance is internet-native financial infrastructure that does not rely on a centralized institution such as a bank, broker, or similar intermediaries.
    5. AI and Data Solutions: This refers to platforms that leverage artificial intelligence and data technologies to enhance various aspects of crypto ecosystems.
    6. Social and Gaming: This refers to an overlaying sector between blockchain, crypto, and the gaming industries, along with social elements that enhance player interactions and community building.

    FUTR takes a market-capitalization weighted approach, with leading assets from each of these six megathemes. In addition, FUTR offers dynamic allocation, a strategy that evolves with the market to provide alignment with emerging trends and opportunities. Further, FUTR excludes meme tokens, privacy tokens and assets below a $2M liquidity threshold, focusing on quality investments. FUTR is 100% physically backed by the underlying assets stored securely in cold storage by an institutional-grade custodian, offering enhanced protection.

    21Shares worked with MarketVector Indexes as the index provider for FUTR. MarketVector Indexes brings deep market knowledge in crypto indices to the digital assets landscape.

    “The 21Shares Future of Crypto Index provides a dynamic framework for tracking key sectors driving the next phase of crypto growth. We’re excited to partner with 21Shares on this forward-thinking, innovative product”, said Steven Schoenfeld, CEO of MarketVector Indexes.

    The launch of FUTR also represents an expansion of 21Shares’ collaboration with Flow Traders, who will act as the market maker for the product.

    “This is another step forward in supporting the broader adoption of digital assets, and we are thrilled to continue to expand our role in being the leading liquidity provider in the crypto ETP space as well as our partnership with 21Shares,” said Michael Lie, Global Head of Digital Assets at Flow Traders. “Innovative products like FUTR with diversified exposure to key themes in crypto, much like sector ETFs in TradFi, are going to be essential in expanding the full reach of digital assets and its value to financial markets. In our role, we will continue supporting innovative products and driving the convergence of TradFi and crypto.”

    For more details about the 21Shares Future of Crypto Index ETP, including the factsheet, please click here.

    Press Contact

    Audrey Belloff, Head of Global Communications, audrey.belloff@21.co

    About 21.co / 21Shares

    21.co is the world’s leader in providing access to crypto through simple and easy to use products. 21.co is the parent company of 21Shares, one of the world’s largest issuers of crypto exchange traded products (ETPs) – which is powered by Onyx, a proprietary technology platform used to issue and operate cryptocurrency ETPs for 21Shares and third parties. The company was founded in 2018 by Hany Rashwan and Ophelia Snyder. 21Shares is registered in Zurich, Switzerland with offices in Zurich, London and New York. For more information, please visit 21Shares.

    About MarketVector Indexes – http://www.marketvector.com

    MarketVector IndexesTM (“MarketVector”) is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVectorTM, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 50 billion in assets under management.

    About Flow Traders

    Flow Traders is a leading multi-asset market maker founded more than twenty years ago, the firm expanded into digital assets trading in 2017, focusing on centralized exchanges before expanding its operations to include over-the-counter trading, options trading and decentralized finance. Additionally, Flow Traders strategically invests in builders and teams driving the convergence of centralized and decentralized finance.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under http://www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI Economics: Record-high direct investments abroad

    Source: Danmarks Nationalbank

    The value of investments in Europe will make up 60 percent of total outward investments in 2023. This is a smaller share than 5 years ago, as Danish companies have invested heavily in the USA and Asia in recent years. The value of Danish investments in the USA was kr. 274 billion in 2023, which is almost twice the amount of 2018. The USA is the largest investment country, followed by Great Britain, Germany and Sweden.

    The USA is the largest investor country in Denmark

    Foreign direct investments in Denmark often pass through one or more transit countries before they reach Denmark. This is due, among other things, to complicated ownership structures, where investments from the country of origin are made via holding companies, often based in transit countries such as Luxembourg, the Netherlands and Ireland.

    The complexity of the global organization of companies can make it difficult to identify where economic activity takes place and which countries ultimately bear the risk and get the return on the investment. Therefore, the investments are also compiled based on the ultimate investor country, where there is look through of ownership structures and the country from which the investments are controlled is identified. Based on this approach the USA is clearly the country that ultimately invests the most in Denmark, but Sweden and Great Britain are also major investor countries. Part of the foreign direct investment in Denmark also comes from Danish companies – known as round tripping. This occurs when Danish companies and foundations invest in Denmark through a foreign subsidiary.

    MIL OSI Economics

  • MIL-OSI Economics: BaFin warns consumers about the website green-vest.net

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about the website green-vest.net. According to information available to BaFin, Green-Vest Investment Company, Dallas, USA, offers financial and investment services there without authorization.

    On 25 April 2024, BaFin issued a warning about the identical website green-vest.io, which was allegedly also operated by Green-Vest Investment Company.

    Anyone providing financial or investment 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 granted authorisation 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 Asia-Pac: Hong Kong Customs seizes suspected ketamine worth about $12 million (with photos)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs seizes suspected ketamine worth about $12 million (with photos)
    Hong Kong Customs seizes suspected ketamine worth about $12 million (with photos)
    *********************************************************************************

         ​Hong Kong Customs effected two dangerous drug trafficking cases between October 7 and yesterday (October 9), and seized about 24.5 kilograms of suspected ketamine with an estimated market value of about $12 million. Three persons connected with the cases were arrested.                In the first case, through intelligence analysis and risk assessment, Customs on September 27 inspected a seaborne consignment, declared as carrying household goods and personal effects and arriving in Hong Kong from Germany, at the Kwai Chung Customhouse Cargo Examination Compound. Upon inspection, Customs officers seized a total of about 15.5kg of suspected ketamine with an estimated market value of about $7.5 million inside three different boxes of goods, including toys, rice cookers and protein powder.     Upon a follow-up investigation, Customs officers conducted a controlled delivery operation on October 7 and arrested a 31-year-old male consignee, who claimed to be a driver, in Sham Shui Po.                The investigation is ongoing and the arrested man has been released on bail pending further investigation.           For the second case, through risk assessment, Customs officers on October 7 inspected an express air parcel, declared as carrying monosodium glutamate and arriving in Hong Kong from the Netherlands, at the airport. Upon examination, about 9kg of suspected ketamine, disguised by packaging of monosodium glutamate, was found in the parcel. The estimated market value of the drugs was about $4.4 million.     After a follow-up investigation, Customs officers yesterday arrested a male youth and a man, aged 16 and 20, who were suspected to be connected with the case in Chai Wan and Tsz Wan Shan respectively.     An investigation is ongoing.               Customs will continue to enhance enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not to participate in drug trafficking activities for monetary returns. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people, nor to release their personal data or home address to others for receiving parcels or goods.     Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.                Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour report hotline 182 8080 or its dedicated crime reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002/).

     
    Ends/Thursday, October 10, 2024Issued at HKT 16:15

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Banking: Inter-Algo: BaFin warns about the websites inter-algo.com und inter-algo.net

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns about the websites inter-algo.com and inter-algo.net. On these websites, the Inter-Algo provides financial services without the required authorisation and offers so-called “wealth planning”.

    Anyone providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether particular companies have 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 Global Banks

  • MIL-OSI Canada: Address by Minister Joly at the General Debate of the 79th Session of the United Nations General Assembly

    Source: Government of Canada News

    Check against delivery. This speech has been translated in accordance with the Government of Canada’s official languages policy and edited for posting and distribution in accordance with its communications policy.

    September 30, 2024 – New York City, New York

    Check against delivery. This speech has been translated in accordance with the Government of Canada’s official languages policy and edited for posting and distribution in accordance with its communications policy.

    Mr. President, dear colleagues,

    It is an honour for me to speak to you on behalf of Canada and on behalf of Canadians.

    I would like to underscore that I am joining you on the traditional territory of the Lenape people.

    This recognition is important because today in Canada we mark the National Day of Truth and Reconciliation, when we acknowledge and commemorate the Indigenous Peoples who came before us and continue to live here.

    We acknowledge the pain caused by decades of abuse, neglect and racism.

    It is also an opportunity for us to commit to doing better and to righting the wrongs of the past so we can move forward together.

    Rights and freedoms

    Ours is a country based on the rights and freedoms that are enshrined in our constitutional charter.

    A core reason Canada is a prosperous society is that beyond offering the freedom to pursue a better life for you and your family, Canada also provides freedom from the barriers that prevent you from enjoying a better life: freedom from fear, violence, intimidation and discrimination; freedoms that foster a sense of inclusivity and belonging; freedom that protects the vulnerable and builds stronger communities.

    Far too often, though, some of the loudest voices claiming to speak for freedom are the ones trying to redefine that word for their own purposes.

    They claim freedom as an excuse to do as they wish without any regard for the freedom of others.

    That is certainly not how we should define freedom.

    They hide behind the word to tell us everything is broken and to spread disinformation, and they parrot the lines fed to them by those who wish to interfere in our elections and undermine our democracy.

    They weaponize the term “freedom” to further marginalize those in the most vulnerable situations, to justify spreading hate and even to deny people their right to make choices about their own bodies, including limits on reproductive rights.

    At the end of the day, through all the noise, what they really mean to say is: freedom for some—but not freedom for all.

    Often, the people who claim to speak for freedom are the same people who want the government to decide who people can love, who they are or even what they can wear.

    We see it in our country. We see it around the world. At the international level, we see it when groups or countries declare that international law doesn’t apply to them.

    Afghanistan

    In Afghanistan, we see it taken to its extreme as the Taliban continue to impose inhumane rules against women and girls, banning them from being in public so they are invisible, robbing young girls of the fundamental right to an education.

    How is that respecting human dignity? How is that protecting the best interests of their people?

    They must be held accountable.

    Last week, Canada joined Australia, Germany and the Netherlands, with the support of 22 other countries, to take steps to hold Afghanistan accountable under the Convention on the Elimination of All Forms of Discrimination Against Women.

    The Taliban cannot make international law disappear through simple decrees.

    Canada is a country that values freedom from oppression, not the freedom to oppress others.

    There should be nothing controversial about protecting human rights, including the dignity of all men and women.

    Haiti

    With regard to Haiti, the world cannot sit idly by as people suffer.

    Unchecked gang violence and corruption in Haiti have created a catastrophe for the population, which is plunged into a state of deep insecurity in which civilians fall victim to bullets and children die of hunger.

    Canada has always maintained that the solution to this crisis must come from Haitians for the benefit of Haitians.

    To this end, the Transitional Presidential Council and the transitional government are working to restore order, but they cannot do it alone.

    The Haitian people need a multinational security support mission to work with the Haitian National Police, not only to help them restore order but also to meet the basic needs of the population.

    That’s why Canada has invested more than $100 million to support it.

    Canada is doing its part.

    We must all show the Haitian people that we are not going to abandon them.

    The United Nations Security Council must be clear on this.

    I would like to thank CARICOM and Kenya for the essential role they are playing in the response to this crisis.

    Together, we can achieve lasting peace and stability in Haiti.

    Middle East

    Mr. President, what is happening in the Middle East is an unspeakable tragedy. Thousands have been killed in Israel, Gaza and Lebanon, including many Canadians.

    This is a senseless war that goes against the dignity of human beings. The suffering —on all sides—must end.

    What the world continues to witness is a repeated cycle of violence where civilians pay the heaviest price.

    Canada is joining those urging Israel and Hezbollah to accept an immediate ceasefire. We need to create space for peace talks and save lives.

    There cannot be war in Lebanon—full stop. UN Security Council resolutions must be respected.

    Families in Southern Lebanon and families in Northern Israel must be able to safely return to their homes. We have and always will insist that civilians be protected, wherever they’re from.

    Next week, we mark 1 year since the terrorist attacks by Hamas against Israel.

    Last March, I visited Kibbutz Kfar Aza, one of the communities attacked on October 7, 2023. I met Ayalet, a mother grieving for her son, who was brutally murdered in the attack; he died protecting his fiancée. Ayalet recounted the terror of that day, the search for loved ones in burned homes.

    As she spoke about the horrors of October 7, we heard the bombs, as they landed on Gaza nearby, and felt the ground shudder. In that moment, our sense of [MM1] the duality of the tragedy befalling the Israeli and Palestinian people was profound. It is a moment I will never forget.

    The situation in Gaza is inhumane. The level of suffering is unacceptable. It must stop. Innocent Palestinians, including [MM2] women and children, cannot pay the price of defeating Hamas. This must end.

    A ceasefire is needed immediately. The hostages [MM3] must be released. This requires both sides making real efforts.

    Mr. President: for lasting peace, Canada has long advocated for a 2-state solution. We believe both Israelis and Palestinians have the right to exist.

    We all know a negotiated agreement is the best chance for Israelis and Palestinians to live side by side in peace and security.

    Unfortunately, Hamas, a terrorist organization, continues to operate in Gaza, refuses to release hostages and refuses to lay down its weapons.

    Meanwhile, the Government of Israel is against the creation of a Palestinian state. Violence against Palestinians by extremist settlers and expansion of settlements by Israel in the West Bank continue unabated. This is unacceptable.

    Canada supports the creation of a Palestinian state.

    That is why we are providing security and development support to the Palestinian people. We will officially recognize the state of Palestine at the right time: when it is most conducive to building a lasting peace and not necessarily as the last step of a negotiated process.

    More than anything, this conflict has led to unspeakable pain. Communities are hurting.

    People have the right to protest peacefully. But nobody has the freedom [MM4] to intimidate others. Polarization is a problem. Division is real.

    We have a collective responsibility to bring people together.

    Ukraine

    Mr. President, it has now been 2 and a half years since Russia launched its illegal invasion of Ukraine. The human cost continues to grow.

    No country has the freedom [MM5] to invade its neighbour. There’s no freedom [MM6] to impose your will on others. This aggression is a blatant violation of the UN Charter.

    Russia needs to get out of Ukraine now.

    The Ukrainian people have the right to be free from fear, free from aggression. They have the right to decide what their own future should be.

    Mr. President, we all know that if Russia’s aggression goes unchecked here it will continue. Many countries in the region and the hemisphere are wondering if they will be next. The world must not back down in denouncing this unjustifiable aggression.

    Canada will not back down from its support for Ukraine.

    At the end of October, Canada will host a conference co-organized with Norway and Ukraine on the human dimension of Ukraine’s 10-point peace formula. We will focus on the return of children to their families and of deported civilians and prisoners of war.

    Every one of those affected by this war is entitled to freedom from violence and from being forced from their home.

    UN reform

    Mr. President,

    The issues I have just mentioned create immense challenges. This institution has a role to play in helping us to work together toward solutions.

    Critics of the United Nations accuse it of being incapable of solving the problems currently facing the world.

    Worse still, some more conspiratorial critics even believe that the UN is the cause of many of these problems.

    Both ignore the reality and the strength of this organization.

    The United Nations is a unique forum that allows us to come together and talk to each other on an equal footing to try to iron out our differences, which are sometimes profound, through discussion and consensus-building.

    That’s why Canada supported the adoption of the Pact for the Future at the Summit of the Future last week.

    The pact is a starting point as we work together to ensure the sustainability of the organization.

    The UN is not a perfect organization, it is true, but progress is possible. As the Secretary-General has said: “ We can’t build a future for our grandchildren with a system built for our grand[MM7] parents.” Let’s build that future together.

    Mr. President,

    For almost 80 years, no woman has held the post of secretary-general.

    This is unacceptable.

    Last week with my colleague from Jamaica, I had the great honour of welcoming to Toronto 15 women foreign ministers from the 4 corners of the earth.

    Our conclusion was clear. The next head of this illustrious institution must be a woman.

    It’s high time we were able to respectfully say, at this podium and around the world, “Madam Secretary-General.”

    I would say the same for the post of president of the General Assembly.

    Mr. President, with respect, I hope that next year the delegates will address “Madam President.”

    I know that many of us share this wish.

    Mr. President,

    Let me tell you about my mother. She will be so proud that I am talking about her at the United Nations.

    You know, my mother and grandmother are among the millions of women around the world who have fought hard for equal rights.

    They did so alongside the mothers and grandmothers of many of the people in this room.

    Mum recently told me that we were now part of the “consolidation generation.” She’s right.

    Being part of our generation means that we need to consolidate the gains that have been made over time and fight against those who are trying to roll back this progress. It also means that we need to continue to fight so that women and girls everywhere have the right to make choices about their own bodies and their own lives.

    We see the difference the gap in freedoms creates. When women are robbed of the right to decide when to have children, they lose out on education and job opportunities. When women don’t have access to safe abortions their lives are put at risk. When women are denied access to safe contraception and fertility treatments, they lose the power to make choices that have the most profound impacts on their lives.

    Attacks on sexual and reproductive health rights are an attack on equality rights. They’re an affront to basic dignity.

    We must always have the right to choose for ourselves which means of contraception to use, whether to have an abortion or even to choose assisted reproduction. We women have the right to be equal in everything: in education, in employment and in every other opportunity.

    We are women and proud of it.

    We can never turn back.

    Together, we must keep moving forward for our sisters, our daughters and our granddaughters.

    Mr. President, 2 years ago, I stood here and said countries around the world were faced with a choice. And we still have that choice today. We can choose a world where rules can be broken by the powerful, bringing us back to darker times of tension and conflict. Or we can choose a world that upholds human rights, opportunities for all, peace and prosperity; a world where people work together to solve problems.

    Canada will work with partners to move us beyond this moment of crisis.

    A new future is being shaped.

    We must not fail.

    Thank you.

    MIL OSI Canada News

  • MIL-OSI: Summary of Bigbank AS Webinar Introducing the Public Subordinated Bond Offering

    Source: GlobeNewswire (MIL-OSI)

    On 9 October 2024, Bigbank AS held a webinar introducing the public offering of Bigbank AS subordinated bonds in Estonia, Latvia, and Lithuania.

    In the webinar, Bigbank AS management board members Martin Länts and Argo Kiltsmann presented an overview of Bigbank AS group, including the group’s business results, plans, and the terms and conditions of the public offering of subordinated bonds.

    Bigbank AS would like to thank all participants. Webinar recording is available at https://youtu.be/d8GGIAA2xU0.

    Additional information about the public subordinated bond offering can also be found at https://investor.bigbank.eu.

    Bigbank AS (www.bigbank.eu) is an Estonian capital-based bank specialising in loans and deposits for private and business customers. In addition to operations in Estonia, the bank has branches in Finland, Sweden, Latvia, Lithuania, and Bulgaria and offers its products on a cross-border basis in Austria, Germany, and the Netherlands. Bigbank’s total assets exceed 2.5 billion euros.

    Argo Kiltsmann
    Member of the Management Board
    Telephone: +372 5393 0833
    Email: argo.kiltsmann@bigbank.ee
    http://www.bigbank.ee

    The MIL Network

  • MIL-OSI United Kingdom: Securing Cyberspace: Minister Doughty speech

    Source: United Kingdom – Executive Government & Departments

    Minister Doughty outlined the UK’s commitment to responsible behaviour in cyberspace in a keynote speech at RUSI’s Securing Cyberspace Conference.

    Thank you very much for traveling from near and far. 

    It’s a real pleasure. We’ve got so many leading lights in government, industry, law enforcement, academia and civil society here in one room.  

    And I’m very grateful to RUSI for bringing this together as they so often do.  

    This is a very welcome opportunity to reflect on an important mission for the new government that I’m proud to serve in, and that is, of course, enhancing cyber security and promoting responsible behaviour in cyberspace. 

    You in this room are all of our vital and valid partners in this. 

    And everyone here today has a role to play in shaping the future agenda, bringing diverse perspectives, specialist knowledge and deep expertise. 

    So thank you once again. 

    And I really hope that this conference, which we’ve been proud to support, helps you forge fresh connections and find new ways to collaborate.  

    And we cannot meet at a more pivotal moment in world history – a moment of the most extraordinary change, of risk, and of opportunity. 

    Because from our banks to our electricity grid, from our defence to our hospitals, the online cyber world underpins every aspect of our society. 

    And with every day that passes, we of course, rely on it more for our prosperity and our security. 

    But you hardly need to be told that this brave new world has a dark side -and the years to come will see us walking dangerous and difficult complex paths. 

    And I just reflect in my own life, I got my first email address when I was only 15 or 16 years old.  

    I went to an international school in Canada. It was quite a big chance to connect with some of my classmates from across the world, but my parents were still not used to the system. They were printing out my emails when I sent them home, kept them all in a folder as a physical copy and presented them to me.  

    But today, of course, we’re in that world shaped by Al and quantum, by ever evolving threats and opportunities.  

    And of course, we know that state actors, criminals and others who want to harm us are fighting hard for their share of this space which knows no borders.  

    Those are the threats, but we also have huge opportunities and the question, of course, for all of us is how we embrace the opportunities that cyber brings in every aspect whilst addressing those key challenges. 

    And so I’m grateful for the chance to share some perspectives with you today.  

    I wanted to start by saying that since taking office in July, growth and security have been among the government’s very top priorities and they will remain that way.  

    In a world where we all live and work online, investing in cyber security and promoting responsible behaviour is an essential part of this mission, because fundamentally, and you will all know this, there is no national security, no economic security without cyber security. 

    We cannot fulfil our growth Mission as a government without cyber resilient businesses and supply chains, a Cyber aware workforce and society. 

    And of course, all of those underpinned by strong technical and skills expertise in the cyber sector. 

    This is true for all of us, investing in that security and promoting responsible behaviour has to be a collective endeavour. 

    I wanted to highlight today and reflect on three key themes that will guide our approach as a new government. 

    The first of those is that partnerships are vital for success. 

    When Alan Turing and the codebreakers in Bletchley Park – I have visited and I’m sure many of the you in this room have – they, of course, cracked that Enigma Cipher during the Second World War, sharing those insights with our allies saved countless lives and hastened the end of the war. 

    But of course, today, the world faces a whole new set of threats. 

    Spyware, ransomware, espionage, information manipulation and other forms of interference are causing untold losses and distress to our security and to our economic security.  

    The World Economic Forum estimates that the global cost of cybercrime will reach 24 trillion US dollars by 2027, that’s up from an almost eyewatering 8 trillion in 2022.  

    In the online world, the stakes are higher than ever, and the gloves are well and truly off.  

    So it’s only through solid, respectful, mutual, beneficial partnerships that we can fight back, overcome the challenges we face, and make the most of important opportunities for all our people. 

    It’s a pleasure to see friends from across the diplomatic audience today as well, ready to solve these problems working together with partners and allies across the world.  

    That’s why, from Day One, this new Government has focused on connecting Britain and strengthening relationships with countries around the world, from the Euro-Atlantic to the Global South. 

    That means enhancing our relationships with the EU and our European friends to forge closer cooperation spanning the whole range of issues, including military, economic and cyber, our unshakeable commitment to NATO, the bedrock of our defence. 

    And here I will point out that the UK is playing a leading role in work to deter and respond to cyber threats.  

    And later this year, we will of course host the NATO Cyber Defence conference to galvanize those efforts.  

    We’re also collaborating with many individual countries and partners, for example, in the Western Balkans, a region I’m privileged to know well from many visits.  

    Indeed, in Opposition, I met with young cyber experts in Pristina and discussed their careers, their prospects, and how we can work together as partners.  

    We’re, of course, working together with governments right across the world to bolster defence and counteract threats.  

    And just last month, I was in Moldova where I discussed these issues and partnerships at the Ministry of Defence in Chișinău. 

    And turning to the wider world, particularly our important partnerships in the Global South, our work with Interpol in Africa, across the Indo-Pacific and indeed, Latin America, tackling cybercrime, building closer cross-border partnerships.  

    In Africa, this partnership has helped to smash 20,000 criminal networks and seize illegal funds worth more than 40 million US dollars.  

    Last year, Interpol coordination with cybercrime units in Nigeria, Benin, Cote d’Ivoire saw 300 suspects arrested, 3 million US dollars’ worth of assets ceased and multiple criminal networks dismantled.  

    In the months and years ahead, the UK will continue to play our role at Interpol, an organisation which of course is at the sharp end of the increasingly borderless world of global crime.  

    Secondly, I want to talk about responsible cyber behaviour. 

    In all of our collaborations around the world, we remain committed to the United Nations Framework for Responsible State Behaviour in the use of Information Communication Technologies, but will be guided by our principles when it comes to ensuring safe and responsible use of cyber capabilities. 

    That’s the second important theme of our work overall, and the topic I know you’ll be discussing in detail at this conference, thanks again to RUSI for putting together such a strong and relevant agenda.  

    But for now, I will simply say that for the UK, this is about staying at the forefront of science and technology so we can understand threats and respond appropriately, and helping others do the same. 

    For example, supporting cyber security nonprofit organisations like Shadowserver to share threat data.  

    It’s also about transparency, which is so vital to facilitate cooperation, build trust and reduce the possibility of misinterpretation and escalation.  

    It’s also about inclusion, for example, by bringing stakeholders, including many of you in this room with all their expertise into that global cyber security discussion. A topic I will return to shortly. 

    But it’s also importantly about promoting accountability, because while we here in this room are united in our support for responsible behaviour, we know that not everybody plays by those rules. 

    Sometimes we will need to take firm action, and the UK will continue our important work with partners to hold criminals and others to account.  

    International cooperation is central, as demonstrated in August, when, after significant efforts by many of those in this room, here today, UN member states finalized a new draft Cybercrime Convention.  

    Many of us, of course, have the tools to take domestic action in this area too. 

    Just last week, on 1 October, alongside the United States and Australia, this country sanctioned 16 members of the Russian cybercrime gang, Evil Corp.  

    This group, which truly lives up to its name, has waged a campaign of destructive attacks worldwide for over a decade.  

    They include malware and ransomware attacks against UK health, government and public sector institutions as well as commercial technology companies.  

    Those sanctioned are now subject to asset freezes and travel bans.  

    Alongside our allies, we will continue to crack down on malicious activity and call out criminals like Evil Corp, who seek to underline our prosperity and security.  

    Thirdly, I wanted to stress the importance of a whole of society approach.  

    And as a Member of Parliament, I see how cybercrime, these challenges affect the lives of my constituents on a daily basis, whether it’s in fraud, whether it’s in terrorism, recruitment of individuals. I’ve seen these aspects in the lives of my constituents over the last five years. 

    As this conference demonstrates, we’re taking every opportunity to bring a wide range of expert stakeholders into our work. Because cyber is not, of course, as you all know, just about the technology, it’s about the people who interact with it, people who come from all spheres of society and all parts of the globe 

    That includes those outside the realm of Government, who have huge pools of talent, expertise, innovation and enthusiasm to bring to the table.  

    And we have to make that advantage count through a whole of society approach to cyber. So this government is absolutely committed to work hand in glove with our partners in industry, in the development sector, in academia, in the not-for-profit sector and beyond.  

    And we’ve got an impressive story already to tell here and want to do even more on. Let me just reflect on a few examples. 

    Firstly, as Putin continues to wage an illegal war in Ukraine, we are working with Mandiant, Palo Alto Networks, CloudFlare, BAE systems, along with the government in Kyiv to bolster Ukraine’s resilience to Russian cyber attacks.  

    We’re drawing on world leading expertise from across the public and private sectors to protect Ukraine’s critical infrastructure and vital public services 

    But our partnerships with industry leaders are not just about addressing threats.  

    As the third largest exporter of cyber security services globally, there’s no doubting how important this sector is to our own economy, indeed to all of our economies, we need to stay ahead of the game when it comes to innovation, and as I’ve said, we have huge talent to draw on.  

    We will work with industry to make the most of the opportunities for British businesses, boosting prosperity and sharing our expertise with the world.  

    We’re leading the efforts through our National Cyber Security Centre to test ideas, enhance understanding and to engage with talented individuals from the private sector to shape our approach.  

    Of course, companies also have a crucial role to play in setting out responsible values and principles for their work. We know this is not a straightforward process. 

    So we will work with partners to find solutions to problems like the unregulated market for spyware that’s being used to target journalists and other civil society communities across the globe, violating human rights and ultimately undermining our free and open societies.  

    We’re bringing people together through the Pall Mall process – from states, industry and civil society to tackle the misuse of commercial spyware and other tools.  

    And besides those efforts to turbocharge our economy and shape the rules of the game, we want to work hard to level the playing field for people. 

    We want to be seeing cyber as an inclusive space where everyone can fulfil their potential. 

    That’s why we’re supporting schemes like the Caribbean Experts Fellowship – part of our wide-ranging work with the Commonwealth.  

    That scheme is going to support the brightest minds from across the region to shape the safe and prosperous cyberspace through academic research, opportunities, networking and more.  

    We’re also committed to close the gender gap in cyber because fundamentally, no country can achieve its full potential if it underuses 50% of its resources and talents.  

    And indeed, yesterday, on Ada Lovelace Day, the world celebrated the achievements of women in science, technology, engineering and mathematics, and I want us to celebrate those achievements every day and create fresh opportunities for women in every area of this work.  

    The UK already has some great projects around the world helping smooth the path for a new generation of female cyber experts to make their mark on this world – from our ‘Her Cyber’ project in Albania, which reaches out to girls at an early age through after school clubs and running right through to university level support, to our UN Women in Cyber Fellowship, which is sponsored with partners including Canada, US and Germany, to encourage greater female representation in negotiations in the UN First Committee.  

    So, I’ve gone through three key themes today. I hope they give you some insights to our thinking and direction of travel, as a new government.  

    But to conclude, we are living in a world, as I said at the beginning, that was unimaginable just a few decades ago.  

    It’s a world that’s ripe with opportunity when it comes to cyber, but of course, laden with challenge. 

    I’ve been glad of the opportunity today to be able to set out some of the ways in which the government will make the most of those opportunities, together with you, while meeting challenges head on through partnerships spanning the globe, demonstrating what a responsible approach looks like, and collaborating with those outside the government who have so much to bring to these efforts. 

    That’s how we can ultimately keep our citizens safe, help our economies to flourish, protect our security and stand up for our values.  

    So once again, I want to welcome you all here today to add my support to your efforts today to discuss these important issues, and to give our commitment as a new government to work with all of you as we develop our capabilities to respond to those threats and opportunities in the future.  

    Thank you very much.

    Updates to this page

    Published 9 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UN Human Rights Council 57: Resolution on Sudan

    Source: United Kingdom – Executive Government & Departments

    L22 Resolution on Sudan. Statement delivered by the UK’s Permanent Representative to the WTO and UN in Geneva, Simon Manley.

    Mr President,

    On behalf of a core group consisting of Germany, Norway, the United States and the United Kingdom, I would like to present draft resolution L22.

    Four years ago, this Council paid tribute to the exemplary, non-violent and inspiring popular uprising of the Sudanese people whose call for freedom, peace and justice, had brought about a fundamental change in Sudan’s political and human rights situation. The contrast to the situation in Sudan today could not be more stark. The senseless, brutal war that began last year has displaced over 10 million people.

    The Council’s fact-finding mission has documented some of the appalling suffering which Sudan’s people have endured. Women raped and sexually abused. People executed because of their ethnicity. Children recruited as soldiers. Indiscriminate shelling in civilian areas.

    More recent reporting of attacks by Rapid Support Forces in El Fasher and by the Sudanese Armed forces in greater Khartoum are horrifying. Airstrikes and shelling by both parties have killed many civilians and dozens of young men have reportedly been executed in the streets of Khartoum, for suspected affiliation with the RSF.

    Mr President,

    We would prefer not to have to present a resolution. But clearly – this situation warrants the Council’s attention. We need independent monitoring. We need to document these atrocities. The people of Sudan need accountability. It is only then that lasting peace can be achieved. The Fact-Finding Mission, the only independent mechanism focused on investigating the mass violations and abuses across the country, must be renewed. There is no other international mechanism doing this work and there is no feasible national alternative. Sudan’s ‘national committee’ is neither impartial, nor independent. And it is being used to silence those that criticise the authorities’ actions.

    Mr President,

    Our core group held consultations and consulted extensively with all delegations – including Sudan – on this draft. We took on board many of the suggestions made, including a number from Sudan. Unfortunately, despite our best efforts, these changes were not enough for the Sudanese authorities.

    Colleagues,

    The situation in Sudan has been shamefully underreported. There is already too little information coming out of the country. The Sudanese authorities may not be in favour of this resolution, but the Sudanese people are. They want accountability. They want peace. They want their future back.

    Let us show them today that they are not forgotten and that we are listening to them – by voting in favour of this resolution.

    Updates to this page

    Published 9 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Global: Ultra-processed foods: we have the technology to turn them from foe into friend

    Source: The Conversation – UK – By David Benton, Professor Emeritus (Human & Health Sciences), Medicine Health and Life Science, Swansea University

    Ultra-processed foods can be cheap, convenient and they usually taste good. PeopleImages.com – Yuri A/Shutterstock

    Ultra-processed foods are the latest nutritional villains, associated with several diseases of the modern world, from obesity to heart disease. However, many nutritionists question whether the term “ultra-processed” does any more than create confusion. It only considers the way food is produced, ignoring other important factors like calories and nutrients.

    My work suggests that instead of being viewed as the problem, ultra-processed foods could actually be part of the solution. With advances in food science, we have the technology to create low-calorie, nutritious and affordable processed foods.

    There is no consensus about how ultra-processed foods should be defined. But a common approach was proposed by the nutrition and public health scholar, Carlos Monteiro. He coined the term about 15 years ago, defining foods that undergo significant industrial processing and often contain multiple added ingredients. In Portugal, ultra-processed food make up about 10% of the average diet, whereas in Germany it’s 46%, the UK 50% and in the US 76%.

    Ultra-processed foods three major advantages – they are cheap, convenient and they usually taste good. Their affordability in particular is an important factor.

    Producing food in bulk reduces costs. For instance, the Heinz factory in Wigan is the largest baked bean factory in the world. It produces 3 million cans of baked beans a day, ensuring they are widely available and affordable.

    In 1961, scientists in Chorleywood, Hertfordshire developed a new method for making bread. Today, more than 80% of loaves in Britain are produced this way. These loaves are softer, last longer and cost less than traditional bread.

    The affordability of ultra-processed food makes them a staple for many, particularly people on lower incomes. As around 30% of children in the UK live in poverty, calls to remove such foods from diets need to address how poorer families will be able to afford fresher and more nutritious food. Current ultra-processed foods may not offer a perfect diet, but they do provide calories when money is scarce.




    Read more:
    Ultra-processed foods: here’s what the evidence actually says about them


    Convenience is another notable benefit of ultra-processed food. Preparing meals from scratch can be time-consuming, involving buying ingredients, cooking and cleaning up afterwards. Ultra-processed foods offer a shortcut, saving valuable time. This is especially important for parents trying to balance jobs and family life. For those with busy lives who are working long hours, time is a luxury that ultra-processed food can help reclaim.

    Finally, ultra-processed foods are designed to be tasty. We’re genetically inclined to be attracted to sweet and fatty foods. Having a pleasant taste is one of the reasons we select our food.

    This convenience, affordability and taste come at a cost, however, as ultra-processed foods are often high in sugar, salt and saturated fats, while lacking in fruits, vegetables and essential nutrients.

    Are all ultra-processed foods bad for us?

    It’s not always clear if it’s the “ultra-processed” nature of these foods or their high calorie and low nutrient content that causes health issues. Nutrition is more complex than just considering how food is processed. We also need to consider calories, fibre, vitamins, minerals and other essential nutrients.

    For example, while baked beans are considered ultra-processed, they’re also high in fibre – something often missing from UK diets – low in fat and calories, and a good source of plant-based protein.

    Inside the world’s largest baked bean factory in Wigan.

    Some studies suggest that many health problems linked to ultra-processed food, like obesity and diabetes, may be caused by excess calorie consumption rather than the processing itself. When people cut out ultra-processed foods, they often end up eating fewer calories, which could explain the health benefits they experience.

    The link between ultra-processed foods and poverty suggests that many of the health issues linked to ultra-processed food may be caused by factors associated with poverty itself. Poor nutrition is often just one part of a wider picture that includes limited access to healthcare, higher stress levels and fewer opportunities for physical activity – all of which can contribute to poor health.

    Can ultra-processing be used for good?

    Ultra-processing has been used to fortify foods in the UK for decades. For example, the Bread and Flour Regulations 1998 requires certain nutrients like calcium, iron, thiamine (vitamin B1) and niacin (vitamin B3) to be added to any non-wholemeal flour. This fortification plays an important role in public health, providing around 35% of calcium intake, 31% of iron and 31% of thiamine to the average UK diet. Without these added nutrients, the risk of deficiencies would rise.

    The UK government took a further step in 2022 by requiring folic acid be added to flour. It was a move aimed at preventing birth defects such as spina bifida, where a baby’s spine and spinal cord doesn’t develop properly in the womb, and anencephaly, where a baby is born without parts of the brain and skull.

    Breakfast cereals, often criticised for their sugar content, can also boost the intake of essential nutrients like vitamins B2, B12, folate and iron. Some experts would like to see mandatory food fortification be extended much further.

    Food scientists are exploring other ways to make ultra-processed foods healthier. One approach involves reducing sugar by making it taste sweeter more quickly, which means less sugar is needed to achieve the same taste.

    Another is using scientific techniques to increase the speed at which salt is released from food. Similarly, this results in it being tasted more quickly, leading to lower consumption.

    Other innovations to lower the calories in foods by changing the recipe include creating creamy, low-calorie sauces without dairy, or plant-based burgers that are virtually indistinguishable from their meat counterparts, but have fewer calories.

    These types of innovations show that ultra-processing doesn’t necessarily mean unhealthy and calorie-dense food – it’s about the choices made in production. If scientists focus on creating affordable, nutritious ultra-processed foods, they could become part of the solution to the obesity crisis, rather than the enemy.

    I have never had funding that has anything to do with ultra-processed foods. However, I have worked on other aspects of nutrition and have worked with the likes of Novartis, Danone, Yakult, Beneo and Pepisco. Much of my work has been on micro-nutrients or the glycaemic response to carbohydrate. 

    ref. Ultra-processed foods: we have the technology to turn them from foe into friend – https://theconversation.com/ultra-processed-foods-we-have-the-technology-to-turn-them-from-foe-into-friend-239683

    MIL OSI – Global Reports

  • MIL-OSI Europe: Team Europe launches new funding envelope to support economic growth in African, Caribbean and Pacific countries

    Source: European Investment Bank

    • The ACP Trust Fund has received pledges worth more than €74 million from seven EU countries.
    • Denmark, Finland, Germany, Luxembourg, Portugal, Spain and Sweden are the first contributors, adding to the EU contribution launched in February 2023.
    • In line with the EU Global Gateway strategy, the primary focus of the support will be to provide grants and technical assistance to projects promoting sustainable growth in ACP countries.

    The European Investment Bank (EIB Global) has signed agreements with seven EU Member States pledging just over €74 million to a new envelope under the ACP Trust Fund. This funding will promote inclusive and sustainable economic growth and human development, especially in least developed countries and fragile states in Africa, the Caribbean and the Pacific. The ACP Trust Fund envelope supported by EU Member States will target EU Global Gateway projects in ACP countries and support the UN’s Agenda 2030 as well as the Sustainable Development Goals.

    “This is a great example of Team Europe partners working together. I look forward to welcoming future donors to the fund so that, together, we can invest in energy, health, climate, food security and digital solutions that will foster green and inclusive growth – ultimately boosting prosperity in Africa, the Caribbean and the Pacific,” said EIB Vice-President Thomas Östros.

    Denmark has pledged around €9.9 million, Finland €4.3 million, Germany €30.6 million, Luxembourg €5.4 million, Portugal €2.8 million, Spain €9 million, and Sweden €12.25 million.

    Denmark: “Denmark is committed to supporting inclusive green growth globally, including in least developed countries and fragile states. Our ambition is to promote the European Union as an effective and impactful global actor, and that is why we support the EIB’s new ACP Trust Fund. Through the trust fund, we are delighted to be contributing to inclusive and sustainable development – especially in Africa, which is well-aligned with Denmark’s new strategy of stronger engagement with African countries. The trust fund is financed by a true Team Europe approach, and I strongly encourage other European partners to join,” said Lars Løkke Rasmussen, Denmark’s Minister for Foreign Affairs.

    Finland: “Finland sees the ACP Trust Fund as an important vehicle to support the implementation of the Global Gateway in African, Caribbean and Pacific countries. We hope that our contribution will, for example, contribute to greater, safer digital connectivity in our partner countries and give European companies more ways to invest in and develop projects in the ACP countries,” said Juha Savolainen, Director General (Department for Development Policy) of Finland’s Ministry for Foreign Affairs.

    Germany: “Fostering human and social development, addressing climate change and mobilising investments for sustainable and inclusive growth are at the heart of the EU-ACP partnership. The EIB ACP Trust Fund can help increase the development impact of EIB projects in ACP partner countries, including with regard to the implementation of Global Gateway projects. Therefore, we support it in a Team Europe spirit together with other EU partners,” said Dirk Meyer, Director-General of Germany’s Federal Ministry for Economic Cooperation and Development

    Luxembourg: “Luxembourg is proud to contribute €5.4 million to the ACP Trust Fund, reflecting our commitment to sustainable and inclusive growth in African, Caribbean and Pacific countries. This funding, from the reflows of the former ACP Investment Facility, aims to empower communities, promote environmental sustainability and enhance resilience. We look forward to ongoing collaboration with the EIB, the European Commission and EU Member States to achieve impactful development outcomes,” said Finance Minister of Luxembourg Gilles Roth.

    Portugal: “Portugal’s contribution to the ACP Trust Fund reflects our ongoing commitment to sustainable economic, social and environmental development in these regions. By partnering with the European Union and other Member States, we can better leverage resources and collectively unlock financial and technical assistance to target global challenges and achieve impact in areas like climate action, connectivity and job creation,” said Portugal’s Minister of State and Finance Joaquim Miranda Sarmento.

    Spain: Spain’s Minister for Foreign Affairs, European Union and Cooperation José Manuel Albares said, “Spain’s €9 million contribution will increase EIB Global’s capacity to reach ACP countries through tailored instruments, such as technical assistance to support capacity-building. We need to unlock sustainable finance for the countries that need it the most, as they often face adverse financing conditions that hinder sustainable development. This contribution reinforces our support for the ACP countries, and is consistent with our commitment to implementing the SDGs and raising more financing for the development agenda, as shown by Spain’s move to host the Fourth International Conference on Financing for Development in Seville in 2025.”

    Sweden: “Sweden is glad to contribute to the ACP Trust Fund in a renewal of the historic partnership between the EU and African, Caribbean and Pacific States. The Trust Fund will play an important role in fulfilling the overall objectives of the Global Gateway, linking trade, business and development cooperation in the entire ACP region. We look forward to being part of a broad collaboration encompassing four continents, 79 countries and 1.5 billion people, and to work together on issues of green transition, entrepreneurship and digitalisation”, said Benjamin Dousa, Sweden’s Minister for International Development Cooperation and Foreign Trade.

    European Commission: “Enabling the private sector is key to sustainable development. I welcome the Member States’ contribution to the ACP Trust Fund. Together with our powerful risk-sharing instrument, the EFSD+, these resources will underpin the implementation of the Global Gateway investment strategy,” said Commissioner for International Partnerships Jutta Urpilainen.

    In 2023, the European Commission and EIB Global signed an agreement for €500 million and launched the first of two envelopes of the ACP Trust Fund to realise high-impact projects in the private sector that could not otherwise be brought to fruition.

    The ACP Trust Fund forms part of the Neighbourhood, Development and International Cooperation Instrument (NDICI – Global Europe). Through this programme, the European Commission supports technical assistance and financial instruments spanning equity, quasi-equity, subordinated debt and risk-sharing. Last year in Madagascar, for example, the ACP Trust Fund supported agricultural mechanisation for smallholder farmers and the construction of a refrigerated facility for local fishermen. In Uganda, it helped fund the installation of over 500 telecom towers to broaden access to communications in the countryside.

    The Member States envelope of the ACP Trust Fund is an effective complement to the European Commission-financed envelope, and provides technical assistance, investment grants and interest rate subsidies in both the public and private sectors. The technical assistance is expected to help raise standards and ensure that environmental and social requirements are met throughout the preparation and implementation of each project. Investment grants and interest rate subsidies help reduce total financing needs, especially where a project promoter faces debt sustainability constraints.

    Background information

    The EIB is the long-term lending institution of the European Union, owned by the Member States. It makes long-term finance available for sound investments that pursue EU policy goals. EIB Global is the EIB Group’s specialised arm devoted to increasing the impact of international partnerships and development finance, and a key partner in the Global Gateway. It aims to support €100 billion of investment by the end of 2027 – around one-third of the overall target of this EU initiative. With Team Europe, EIB Global fosters strong, focused partnerships, alongside fellow development finance institutions and civil society. EIB Global brings the Group closer to local people, companies and institutions through its offices around the world.

    Global Gateway

    The Global Gateway strategy is the European Union’s offer for partner countries to support their resilience and sustainable development. It aims to narrow the global investment gap with value-driven investments from the public and private sectors, supporting global economic recovery and accompanying the twin green and digital transitions outside the European Union. Worldwide, the Global Gateway aims to mobilise €300 billion in investments between 2021 and 2027, with a mix of grants, concessional loans and guarantees to de-risk private sector investments.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Protection of press freedom – E-001791/2024

    Source: European Parliament

    Question for written answer  E-001791/2024/rev.1
    to the Commission
    Rule 144
    Joachim Streit (Renew)

    The latest monitoring report by the Media Freedom Rapid Response consortium reveals that, in the first six months of 2024 alone, there were 756 media freedom violation alerts involving 1 212 media-related persons or entities. Of the alerts in the report, 474 relate to EU Member States, while 282 were recorded in candidate countries. The number of violations in Germany was 72. In Europe, intimidation and online threats targeting members of the press are increasing, and anti-media laws, spoofing, censorship, legal harassment, editorial interference and physical attacks are also on the rise. In many cases, such violations occur at the hands of the government or public officials. This trend is particularly concerning because of its potential to affect national and regional elections in EU Member States and undermine the EU’s democratic principles.

    • 1.Is the Commission – and Commission President Ursula von der Leyen in particular – aware of the dangerous situation faced by journalists? What does the Commission make of this situation in the light of the European Media Freedom Act?
    • 2.What new measures does the Commission intend to take to protect editorial independence, journalistic sources and journalists’ physical safety?
    • 3.Does the Commission plan to cut EU funding to Member States and candidate countries where press freedom is particularly under threat, such as Hungary?

    Submitted: 23.9.2024

    Last updated: 9 October 2024

    MIL OSI Europe News

  • MIL-OSI Canada: Streaming online and airing on PBS affiliates. Thao Lam and Kjell Boersma’s multi-award-winning National Film Board of Canada animated short Boat People featured on POV Shorts, starting November 12.

    Source: Government of Canada News (2)

    Beginning November 12, 2024, Thao Lam and Kjell Boersma’s acclaimed new National Film Board of Canada (NFB) animated short Boat People will be featured in season seven of POV Shorts—a collection of the best and boldest independent short films streaming free of charge on POV.org and on the PBS App.

    October 8, 2024 – Montreal – National Film Board of Canada (NFB)

    Beginning November 12, 2024, Thao Lam and Kjell Boersma’s acclaimed new National Film Board of Canada (NFB) animated short Boat People will be featured in season seven of POV Shorts—a collection of the best and boldest independent short films streaming free of charge on POV.org and on the PBS App.

    POV Shorts will be airing on PBS affiliate stations—check local listings.

    Canadians can also continue to enjoy Boat People on the NFB’s free online screening platform, nfb.ca.

    About the film

    Boat People by Thao Lam and Kjell Boersma (10 min)
    Produced by Justine Pimlott and Jelena Popović for the NFB
    Press kit: mediaspace.nfb.ca/epk/boat-people-2

    • As a little girl in Vietnam, Thao’s mother would rescue ants from bowls of sugar water. The tiny creatures would later return the favour, leading her desperate family through darkness—and pointing the way to safety.
    • With Boat People, illustrator and author Thao Lam undertakes a creative rescue mission of her own, joining forces with animator Kjell Boersma to recount the experiences of her family, who were among over 1.6 million refugees who fled the chaotic aftermath of the Vietnam War, venturing across the South China Sea in precarious open boats.
    • Boat People employs a hybrid of traditional 2D animation, stop-motion multiplane, and 3D rendering to capture the unique aesthetic of Lam’s handmade paper textures and patterns. The film speaks across time and culture to anyone who’s ever fought to protect their family or community.

    Acclaim for Boat People

    • Boat People has been selected by more than 30 festivals around the world, including the Ottawa International Animation Festival, DOC NYC, the Stuttgart International Festival of Animated Film and the Clermont-Ferrand International Short Film Festival.
    • The film has garnered 10 awards and mentions to date, including the Milos Stehlik Global Impact Award at the Chicago International Children’s Film Festival, a Special Mention at the Oberhausen International Short Film Festival in Germany, and the Audience Award and Helen Hill Award for Animated Short at the New Orleans Film Festival, a short-films qualifying festival for the 97th Academy Awards.

    About the filmmakers

    • Thao Lam is a critically acclaimed Vietnamese-Canadian children’s book author and illustrator who arrived in Canada with her parents at the age of three as a refugee from Vietnam. Her books include the multi-award winning Wallpaper (2018) and Paper Boat (2020).
    • Kjell Boersma is a writer, director and animator whose projects combine traditional and digital animation techniques in novel ways. He directed the short film Monster Slayer (2015) and was commissioned by the Toronto Symphony Orchestra and TIFF Kids to write and direct DAM! The Story of Kit the Beaver (2017).

    About the National Film Board of Canada

    Founded in 1939, the National Film Board of Canada (NFB) is a one-of-a-kind producer, co-producer and distributor of engaging, relevant and innovative documentary and animated films. As a talent incubator, it is one of the world’s leading creative centres. The NFB has enabled Canadians to tell and hear each other’s stories for over eight decades, and its films are a reliable and accessible educational resource. The NFB is also recognized around the world for its expertise in preservation and conservation, and for its rich and vibrant collection of works, which form a pillar of Canada’s cultural heritage. To date, the NFB has produced more than 14,000 works, 7,000 of which can be streamed free of charge at nfb.ca. The NFB and its productions and co-productions have earned over 7,000 awards, including 11 Oscars and an Honorary Academy Award for overall excellence in cinema.

    About American Documentary, Inc.

    American Documentary, Inc. (AmDoc) is a multimedia organization dedicated to creating, identifying and presenting contemporary stories that express opinions and perspectives rarely featured in mainstream media outlets. AmDoc is a catalyst for public culture, developing collaborative strategic engagement activities around socially relevant content on television, online and in community settings. These activities are designed to trigger action, from dialogue and feedback to educational opportunities and community participation.

    Major funding for POV is provided by PBS, the Open Society Foundations, The John D. and Catherine T. MacArthur Foundation, the Wyncote Foundation, Reva & David Logan Foundation, Park Foundation, and Perspective Fund. Additional funding comes from the National Endowment for the Arts, New York State Council on the Arts, public funds from the New York City Department of Cultural Affairs in partnership with the City Council, Chris and Nancy Plaut, Ann Tenenbaum and Thomas H. Lee, Acton Family Giving, and public television viewers. POV is presented by a consortium of public television stations, including KQED San Francisco, WGBH Boston and THIRTEEN in association with WNET.ORG.

    About PBS

    PBS, with more than 330 member stations, offers all Americans the opportunity to explore new ideas and new worlds through television and digital content. Each month, PBS reaches over 120 million people through television and 26 million people online, inviting them to experience the worlds of science, history, nature and public affairs; to hear diverse viewpoints; and to take front row seats to world-class drama and performances. PBS’s broad array of programs has been consistently honored by the industry’s most coveted award competitions. Teachers of children from pre-K through 12th grade turn to PBS for digital content and services that help bring classroom lessons to life. Decades of research confirm that PBS’s premier children’s media service, PBS KIDS, helps children build critical literacy, math and social-emotional skills, enabling them to find success in school and life. Delivered through member stations, PBS KIDS offers high-quality educational content on TV—including a 24/7 channel, online at pbskids.org, via an array of mobile apps and in communities across America. More information about PBS is available at http://www.pbs.org, one of the leading dot-org websites on the internet, or by following PBS on TwitterFacebook or through our apps for mobile and connected devices. Specific program information and updates for press are available at pbs.org/pressroom or by following PBS Communications on Twitter.

    About POV

    Produced by American Documentary, POV is the longest-running independent documentary showcase on American television. Since 1988, POV has presented films on PBS that capture the full spectrum of the human experience, with a long commitment to centering women and people of color in front of, and behind, the camera. The series is known for introducing generations of viewers to groundbreaking works like Tongues Untied (1989), Hearts of Darkness: A Filmmaker’s Apocalypse (1992), Rabbit in the Room (1999), Of Civil Wrongs & Rights: The Fred Korematsu Story (2001), Made in L.A. (2007), American Promise (2013), Not Going Quietly (2021), While We Watched (2022), A House Made of Splinters (2022) and the mini-series And She Could be Next (2020). Throughout its history POV has featured the work of award-winning, innovative filmmakers including Jonathan Demme, Laura Poitras, Nanfu Wang, Frederick Wiseman, Emiko Omori, Janus Metz Pedersen and Ava DuVernay. In 2018, POV Shorts launched as one of the first PBS series dedicated to bold and timely short-form documentaries. In 2024, Indiewire named seven POV films in its roundup of “The 50 Best Documentaries of the 21st Century”: Faya Dayi (2021), The Mole Agent (2020), Minding The Gap (2018), Cameraperson (2016), The Look of Silence (2015), The Act of Killing (2013) and After Tiller (2013). All POV programs are available for streaming concurrent with broadcast on all station-branded PBS platforms, including PBS.org and the PBS App, available on iOS, Android, Roku streaming devices, Apple TV, Android TV, Amazon Fire TV, Samsung Smart TV, Chromecast and VIZIO. For more information about PBS Passport, visit the PBS Passport FAQ website.

    POV goes “beyond the broadcast” to bring powerful nonfiction storytelling to viewers wherever they are. Free educational resources accompany every film and a community network of thousands of partners nationwide work with POV to spark dialogue around today’s most pressing issues. POV continues to explore the future of documentary through innovative productions with partners such as The New York Times and the National Film Board of Canada and on platforms including Snapchat and Instagram.

    POV films and projects have won 48 Emmy Awards, 28 George Foster Peabody Awards, 16 Alfred I. duPont-Columbia University Awards, three Academy Awards® and the first-ever George Polk Documentary Film Award. Learn more at pbs.org/pov and follow @povdocs on social media.

    About POV Shorts

    POV Shorts launched in 2018 as one of the first PBS series dedicated to bold and timely short-form documentaries. The series is known for its curation, and for broadcasting award-winning titles, including: Emmy®-nominated Earthrise, Water Warriors, The Changing Same, Emmy® winner The Love Bugs and the Oscar® shortlisted A Broken House and Aguilas. It won Best Short Form Series at the IDA Documentary Awards in 2023, 2022 and 2020.

    – 30 –

    Stay Connected

    Online Screening Room: NFB.ca
    NFB Facebook | NFB Twitter | NFB Instagram | NFB Blog | NFB YouTube | NFB Vimeo
    Curator’s perspective | Director’s notes

    About the NFB

    Lily Robert
    Director, Communications and Public Affairs, NFB
    C.: 514-296-8261
    l.robert@nfb.ca

    MIL OSI Canada News

  • MIL-OSI Asia-Pac: Union Minister Shri Pralhad Joshi Concludes Successful Three Day Visit to Germany, Boosts Energy Cooperation

    Source: Government of India

    Posted On: 09 OCT 2024 5:43PM by PIB Delhi

    Union Minister for New and Renewable Energy, Shri Pralhad Joshi, completed a successful visit to Germany from 6th to 9th October 2024. The visit, which coincided with the Hamburg Sustainability Conference (HSC), underscored India’s commitment to global sustainability and renewable energy, and facilitated key discussions on enhancing bilateral cooperation in the energy sector.

    On 7th October, the Minister delivered the keynote address at Hamburg Sustainability Conference, where he highlighted India’s role in global renewable energy and energy transition initiatives, including the International Solar Alliance, which now has the support of over 100 countries. Shri Joshi underscored India’s remarkable progress in renewable energy over the last decade, driven by Prime Minister Shri Narendra Modi’s vision and leadership. He emphasized India’s commitment to sustainability, particularly in sectors like green shipping, and called for strengthening international collaboration to tackle the challenges posed by the global energy transition.

    As part of the visit, Shri Joshi held numerous bilateral meetings with global leaders. His meeting with Mr. Achim Steiner, Administrator of the United Nations Development Programme (UNDP), focused on India’s growing renewable energy landscape and future collaborations for sustainable development. He also met Ms. Svenja Schulze, German Minister for Economic Cooperation and Development (BMZ), to discuss shared priorities in green energy and sustainability.

    Union Minister of New and Renewable Energy Shri Pralhad Joshi interacts with Chancellor of Germany Mr. Olaf Scholz

    On the sidelines of the HSC, Shri Joshi exchanged pleasantries with Mr. Olaf Scholz, the Chancellor of Germany. Union Minister Joshi also interacted with Mr. Karim Badawi, Egypt’s Minister of Petroleum and Natural Resources, and discussed bilateral relations and enhancing cooperation. He also met Ms. Roberta Casali, Vice President of the Asian Development Bank, and deliberated on renewable energy investments in India. Shri Joshi further engaged with Dr Jamshid Khodjaev, Deputy Prime Minister and Minister of Economy and Finance of Uzbekistan, where they discussed global shifts in the energy landscape and avenues to support energy transition.

    The Minister also met with Ms. Anneliese Dodds, the UK’s Minister of Development, and they deliberated on scaling up international cooperation for a cleaner, more sustainable future. He also exchanged views with Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), on the IMF’s role in supporting global sustainability projects, and Mr. Ajay Banga, President of the World Bank, regarding India’s leadership in the green energy space.

    Union Minister of New and Renewable Energy Shri Pralhad Joshi with Dr. Robert Habeck, Germany’s Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action

     

    In Berlin, Union Minister Shri Joshi was warmly received by Dr. Robert Habeck, Germany’s Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action. Dr. Habeck also gave a special guided tour of German Federal Ministry of Economic Affairs and Climate Action. Dr Habeck acknowledged the stunning growth of India’s Renewable sector in the last 10 years to Union Minister Joshi and was very optimistic on India’s journey towards Mission 500 GW from Renewable energy.  Shri Joshi posted on X

    “Held a bilateral meeting with Dr. Robert Habeck, Germany’s Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action, on the sidelines of #HSC2024. We had a fruitful discussion on strengthening cooperation in renewable energy. Deliberation on opportunities in green hydrogen, offshore wind, biogas, and recycling of solar waste was also held during the meeting. We were happy to note that India and Germany’s cooperation on energy transition is progressing well. Expressed confidence that in the coming years, India will emerge as a trusted source of green hydrogen for Germany.”

    Union Minister of New and Renewable Energy Shri Pralhad Joshi with Indian Diaspora in Berlin, Germany

    During his time in Berlin, Shri Joshi interacted with members of the Indian diaspora at an event hosted by the Embassy of India, where he lauded their contributions to Germany’s economy and their role in enhancing India’s global presence.

    During the RE-INVEST 2024 held in September, 2024, India and Germany had launched the India-Germany Platform for Investment in Renewable Energies showing the growing bond between the two countries in Renewable Energy. The platform will facilitate to create further business opportunities and new avenues for the increasing demand for capital, support technology transfer and enhance the development of innovative technical solutions in RE.

    Shri Pralhad Joshi’s visit to Germany concluded with a commitment to furthering India’s leadership in renewable energy cooperation and energy transition initiatives. The meetings and interactions during the visit have laid a strong foundation for deeper collaboration in energy transition, reinforcing India’s role as a global leader in the pursuit of a sustainable future.

    Navin Sreejith

    (Release ID: 2063572) Visitor Counter : 29

    MIL OSI Asia Pacific News

  • MIL-OSI: Global Pharma Selects Kneat to Digitize Computer System Validation

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Ireland, Oct. 08, 2024 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF), a leader in digitizing validation and quality processes, is pleased to announce that a global pharmaceutical company has signed a three-year Master Services Agreement with Kneat to digitize its validation processes.

    Headquartered in Germany with over 11,000 employees across more than a dozen facilities, the company is a trusted maker of household consumer health care brands and generic and specialty pharmaceuticals for customers in over 120 countries. The company selected Kneat as their corporate solution after a comprehensive evaluation process. The company’s goal is to enhance the efficiency, accuracy, and compliance of complex validation processes across its global operations, starting with Computer System Validation (CSV).

    “This announcement further demonstrates Kneat’s leadership position across the full Validation spectrum,” said Eddie Ryan, Chief Executive Officer of Kneat. “We look forward to supporting this company to achieve harmonization for all their validation processes on a single platform.”

    About Kneat

    Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. We lead the industry in customer satisfaction with an unblemished record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show a 40% or more reduction in validation cycle times, nearly 20% faster speed to market, and 80% reduced changeover time.

    Cautionary and Forward-Looking Statements

    Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.

    Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.

    For further information:

    Katie Keita, Kneat Investor Relations
    P: + 1 902-450-2660
    E: investors@kneat.com 

    The MIL Network

  • MIL-OSI China: Shenzhen airport welcomes over 6,500 foreign visitors during National Day holiday

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

    Shenzhen airport welcomes over 6,500 foreign visitors during National Day holiday

    “China Travel” continues to soar in global popularity. During the National Day holiday, Shenzhen Airport saw an influx of over 6,500 foreign visitors — an 87.3-percent year-on-year increase. Nearly 1,500 of them entered visa-free. Most visitors hail from Malaysia, Singapore, Thailand, and Germany. The airport also handled over 103,000 passengers during the holiday, a 56.9-percent rise compared to previous years.

    MIL OSI China News

  • MIL-OSI Europe: DDPS cedes anti-tank guided missile delivery date to Germany

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    Bern, 09.10.2024 – The DDPS has agreed to Germany’s request to postpone the delivery of some of the RGW90 shoulder-launched anti-tank guided missiles ordered by both countries. This is compatible with Switzerland’s neutrality. The Federal Council was informed of this decision at its meeting on 9 October

    The decision to procure RGW90 shoulder-launched anti-tank guided missiles from German manufacturer Dynamit Nobel Defence GmbH was made as part of the 2016 armament programme. Delivery will be staggered, with batches to be delivered in  2024 and 2025. The first two batches will be delivered according to plan, after which the troops will be trained on the systems. The third batch will now be supplied to Germany, which intends to deliver the anti-tank guided missiles to Ukraine. Because of this arrangement, Switzerland will receive its last batch about a year later than planned, in 2026.

    This change in delivery dates is compatible with Switzerland’s neutrality. The systems in the third batch will not be on Swiss territory at any time and are therefore not subject to the export provisions of the War Materiel Act. The DDPS is responsible for setting delivery dates.

    Continuation of practice

    The DDPS has agreed to a similar request in the past: in 2022, it gave precedence to the UK on an order for NLAW shoulder-launched multi-purpose weapons. Such requests are an opportunity for Switzerland to support important partners in specific areas within the framework of neutrality and without interfering with the introduction of weapons systems. In this way, Switzerland is underlining its intention to strengthen international security cooperation.


    Address for enquiries

    armasuisse Communication
    +41 58 464 62 48
    info@ar.admin.ch


    Publisher

    The Federal Council
    https://www.admin.ch/gov/en/start.html

    General Secretariat DDPS
    https://www.vbs.admin.ch/

    Defence
    http://www.vtg.admin.ch

    MIL OSI Europe News

  • MIL-OSI Europe: Germany: EIB and IKB help middle-sized companies to access sustainable finance

    Source: European Investment Bank

    • A new loan portfolio of €400 million will support financing for mid-cap companies.
    • Firms with up to 3 000 employees will be eligible to apply for a loan.
    • The EIB is backing IKB’s loan portfolio with guarantees totalling €200 million.

    The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have started a new partnership to support investment by Germany’s mid-cap companies. Firms with up to 3.000 employees can apply to IKB for a long-term loan to finance their transition to a more sustainable business model. The EIB will provide guarantees of €200 million to secure a total lending volume of €400 million.

    This cooperation between the EIB and IKB will make it easier for mid-caps to access financing on favourable terms for sustainable investment. These borrowers will derive the full benefit of the EIB guarantees.

    By facilitating access to financing, this partnership will promote long-term economic growth as well as job security. One-third of the loans will go to finance projects that power the green transition by improving energy efficiency, reducing carbon emissions and air pollution, and promoting overall market efficiency and integration through participation in wholesale markets.

    The EIB guarantees are part of an EU-wide linked risk-sharing programme that uses risk-sharing to reduce certain access barriers to finance caused by the current economic uncertainty, including supply chain bottlenecks, inflation, rising interest rates and energy insecurity.

    “Mid-caps are an important growth driver of our economy and play a key role in the green and digital transition, and in strengthening innovation, competitiveness and productivity of the German economy,” EIB Vice-President Nicola Beer said. “That’s why, together with IKB, we are providing long-term financing so that Midcaps can plan for their future. In this way, we help companies to remain innovative, make their supply chains more resilient and secure jobs. This strengthens Germany and Europe as a business location.”

    As a financier supporting the development of German Midcaps, IKB welcomes this close partnership with the EIB. Through it, IKB aims to strengthen its status as a relevant, sustainable financial service provider for the country’s medium-sized firms. 30% of the guarantee framework is intended to support projects that improve carbon footprint and promote sustainable environmental protection.

    “This agreement strengthens IKB’s position as a provider of transformation financing for mid-cap companies,” IKB CEO Michael Wiedmann said.  “We are pleased that we can now expand our financing options for our clients’ sustainability projects and make these even more attractive.”

    With its wide range of sustainable product initiatives, IKB aims to use investment financing to make a substantial contribution to the transition to a green economy. These include syndicated ESG loans, project finance, ESG loans with long maturities, and ESG advisory services. The bank’s contribution can be measured against the overall goal of mobilising €3-4 billion of sustainable new business volume by the end of 2025, in line with its Sustainable Finance Framework. In the 2023 financial year, IKB mobilised around €1.7 billion of sustainable new business.

    Background information

    The European Investment Bank is the long-term lending institution of the European Union. It finances sound investments that contribute to EU policy objectives. EIB projects strengthen competitiveness, sustainable development, and social and territorial cohesion. They promote innovation and accelerate the transition to climate neutrality. The EIB Group – which also includes the European Investment Fund – signed a total of €88 billion in new financing for over 900 projects in 2023. These commitments are expected to mobilise around €320 billion in investment, supporting 400 000 companies and 5.4 million jobs.

    IKB Deutsche Industriebank AG, headquartered in Düsseldorf, focuses on high-end German mid-caps – mainly firms with an annual turnover of more than €100 million. Since it was founded in 1924, IKB has specialised as an independent private bank, primarily in long-term financing for companies and projects. In its customer business, IKB focuses on structured financing and credit advisory services. The bank also offers financing solutions that can be used independently of customer balance sheets, including assistance for companies on the capital market – for example, in issuing promissory notes or bonds. IKB is also a specialist offering customers access to public funding programmes. It employs around 600 people at six locations, with a sales network that covers all regions of Germany.

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on the Council position on Draft amending budget No 2/2024 of the European Union for the financial year 2024 entering the surplus of the financial year 2023 – A10-0005/2024

    Source: European Parliament

    MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

    on the Council position on Draft amending budget No 2/2024 of the European Union for the financial year 2024, entering the surplus of the financial year 2023

    (12081/2024 – C10‑0107/2024 – 2024/0089(BUD))

    The European Parliament,

     having regard to Article 314 of the Treaty on the Functioning of the European Union,

     having regard to Article 106a of the Treaty establishing the European Atomic Energy Community,

     having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012[1], and in particular Article 44 thereof,

     having regard to the general budget of the European Union for the financial year 2024, as definitively adopted on 22 November 2023[2],

     having regard to Council Regulation (EU, Euratom) 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021 to 2027[3],

     having regard to the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources[4],

     having regard to Council Decision (EU, Euratom) 2020/2053 of 14 December 2020 on the system of own resources of the European Union and repealing Decision 2014/335/EU, Euratom[5],

     having regard to Draft amending budget No 2/2024, which the Commission adopted on 9 April 2024 (COM(2024)0920),

     having regard to the position on Draft amending budget No 2/2024, which the Council adopted on 13 September 2024 and forwarded to Parliament on 16 September 2024 (12081/2024 – C10‑0107/2024),

     having regard to Rules 96 and 98 of its Rules of Procedure,

     having regard to the report of the Committee on Budgets (A10-0005/2024),

    A. whereas Draft amending budget 2/2024 is designed to enter in the 2024 budget the surplus from the financial year 2023, which amounts to EUR 633 million;

    B. whereas the main components of that surplus are a positive outturn on revenue of EUR 238,7 million and an under-spend of EUR 393,9 million;

    C. whereas, on the revenue side, the primary drivers for the volume of the surplus are an amount of EUR 1 766 million in financial revenue, default interest and fines, set against customs duties amounting to EUR 1 649 million below the expected figure; whereas the EUR 107 million surplus in administrative revenue is principally attributable to a higher-than-forecast pension contribution rate and the application of an intermediate salary update in January 2023, which increased the level of tax and levies and pension contributions;

    D. whereas, on the expenditure side,  under-implementation in payments by the Commission totalled EUR 70 million (0,1% of authorised payment appropriations); whereas the other institutions cancelled EUR 48 million in payments, thereby maintaining the low under-implementation rate from the 2022 budget;

    E. whereas, with Draft amending budget 2/2024, the annual GNI lump-sum reductions enjoyed by Germany, The Netherlands, Denmark, Sweden and Austria amount to around EUR 5,4 billion net;

    F. whereas margins and flexibility in the Union budget remain very tight despite the revision of the multiannual financial framework (MFF) and the introduction of the new EURI Instrument to underwrite increased borrowing costs for the European Union Recovery Instrument, which are inherently volatile, causing uncertainty for the budget; whereas, in this challenging context, budgetary needs are increasing;

     

    1. Takes note of Draft amending budget 2/2024 as submitted by the Commission, which is designed to budget the 2023 surplus, for an amount of EUR 633 million, in accordance with Article 18(3) of the Financial Regulation;

    2. Welcomes the fact that the 2023 surplus is considerably lower than the 2022 surplus, pointing to improved budgetary forecasting and management by the Commission;

    3. Underlines that the surplus reduces the total contribution of Member States to the financing of the 2024 budget at a time when financing needs remain high and space within the Union budget extremely limited; underlines that the budget must retain sufficient flexibility to enable the Union to cope with unforeseen events and new emerging priorities;

    4. Recalls its long-standing position that fines and fees should be used as supplementary revenue for the Union budget and should not lead a corresponding decrease in GNI-based contributions;

    5. Takes note of the calculation of the adjusted annual GNI lump-sum reductions for the five beneficiary Member States, which amount to around EUR 5,4 billion net; highlights the fact that these rebates are inflation-linked and have therefore increased at a higher rate than the MFF ceilings, which are adjusted annually on the basis of the 2 % deflator; stresses that this anomaly increases the burden on the other Member States;

    6. Emphasises the need for sustainable revenue for the Union budget; deplores, therefore, the absence of progress in the Council on the reform of the own resources system in line with the roadmap in the Interinstitutional Agreement; recalls its position in support of the amended Commission proposals and urges the Council to adopt those proposals swiftly in order to increase the own resources available to the Union budget;

    7. Approves the Council position on Draft amending budget No 2/2024;

    8. Instructs its President to declare that Amending budget No 2/2024 has been definitively adopted and arrange for its publication in the Official Journal of the European Union;

    9. Instructs its President to forward this resolution to the Council, the Commission, the other institutions and bodies concerned and the national parliaments.

     

    ANNEX: ENTITIES OR PERSONS FROM WHOM THE RAPPORTEUR HAS RECEIVED INPUT

    Pursuant to Article 8 of Annex I to the Rules of Procedure, the rapporteur declares that he has received input from the following entities or persons in the preparation of the report, prior to the adoption thereof in committee:

    Entity and/or person

    Council of the European Union

    European Commission

    The list above is drawn up under the exclusive responsibility of the rapporteur.

    Where natural persons are identified in the list by their name, by their function or by both, the rapporteur declares that he has submitted to the concerned natural persons the European Parliament’s Data Protection Notice No 484 (https://www.europarl.europa.eu/data-protect/index.do), which sets out the conditions applicable to the processing of their personal data and the rights linked to that processing.

     

     

    MIL OSI Europe News

  • MIL-OSI: Sophos Launches New XGS Series of Desktop Firewalls and Updated Firewall Software

    Source: GlobeNewswire (MIL-OSI)

    Nine New Sophos XGS Firewall Appliances Feature Boosted Performance with Reduced Energy Consumption

    Sophos Firewall Software Can Now Use Third-party Threat Intelligence Feeds for Extended Protection Against Cyberattacks

    OXFORD, United Kingdom, Oct. 08, 2024 (GLOBE NEWSWIRE) — Sophos, a global leader of innovative security solutions for defeating cyberattacks, today introduced nine new XGS Series desktop firewall appliances for midmarket and smaller-sized businesses, as well as branch offices of larger organizations. The new XGS appliances feature a streamlined architecture to deliver double the performance of previous models, but with 50% lower energy consumption. All of the new Sophos XGS appliances are available with multiple high-speed connectivity options, and four models are fanless, making them ideal for noise-sensitive environments.

    Sophos has also announced updated Sophos Firewall software that provides enhanced protection against cyberattacks, including the ability to integrate third-party threat intelligence feeds. This allows organizations with specific regional or vertical market requirements to customize and apply additional information to strengthen their firewall security. The new software also enhances distributed network scalability and provides a seamless transition for customers on legacy firewalls to upgrade to the latest Sophos XGS appliances. By leveraging the improved acceleration capabilities of the virtual FastPath in the new Sophos Firewall software, along with the new streamlined architecture, the new Sophos XGS firewall appliances can deliver up to three times the performance in IPsec VPN throughput compared to previous models.

    “The new Sophos XGS appliances and Sophos Firewall software launches are all about providing users with world-class ‘performance and protection’ at competitive pricing. We’re innovating and advancing how organizations should use firewall technology to defend against persistent, modern-day cyberattacks targeting the midmarket and smaller businesses,” said Dan Cole, senior vice president, Network and Content Security at Sophos. “This includes designing our firewall software to now also leverage threat intelligence feeds from third-party sources, in addition to Sophos’ native threat intelligence, for faster, real-time response to a broader scope of suspicious activity. The support also gives defenders greater control over their risk profile.”

    Specifically, users can now configure Sophos Firewall software to ingest paid and free feeds published by security vendors, Managed Service Providers (MSPs), specific industry consortiums and Information Sharing and Analysis Centers (ISACs), or other threat intelligence platforms. The third-party data augments Sophos’ proprietary threat intelligence, which derives from Sophos X-Ops and includes telemetry from SophosLabs, Sophos Managed Detection and Response (MDR) and Sophos Extended Detection and Response (XDR) technology. In conjunction with Sophos Active Threat Response, a feature built into Sophos-managed endpoints and the intelligence feeds, Sophos Firewall software will initiate a synchronized response that automatically walls off potential attacks, giving defenders critical time to assess, respond and remediate.

    Additional Sophos Firewall software enhancements include:

    • Enhanced performance and scalability: Triple the IPsec VPN performance boost on the new XGS Series desktop appliances, as well as faster authentication burst performance and optimizations to reduce downtime and increase resiliency during failovers for SD-RED tunnels, dynamic routes and Active Directory interactions for distributed enterprise environments
    • Streamlined management: Refreshed user experiences; support for Let’s Encrypt certificates; integrated support for Google Workspace authentication; and expanded network object visibility that simplifies firewall management
    • Seamless device upgrades: A new configuration backup assistant and port mapping support, backed by free license overlap for Sophos XG firewall customers, that enables added flexibility and easy upgrading from previous hardware generations

    “This release of new desktop models as part of the Sophos XGS Series of hardware appliances sets a new high bar for performance and efficiency. The update enhances value at every price-point, with a three-fold increase in IPsec VPN throughput and up to two times better overall performance, all while cutting energy consumption in half,” said Christopher Rodriguez, research director for Security and Trust at IDC. “Combined with enhancements in protection, scalability and ease-of-use from their latest OS release, Sophos Firewall provides significant value to organizations of all sizes, without raising its prices.”

    “Sophos makes firewall deployment, integration and management straightforward,” said Benjamin Schwarzbauer, team lead, Network and Security at Luithle + Luithle, a Sophos partner in Germany. “Its tight integration with the broader Sophos ecosystem allows us to efficiently manage security for our customers. The firewall’s comprehensive features not only strengthen security, but also ensure reliable performance and regulatory compliance. This allows our customers to focus on their business.”

    Availability
    Sophos’ new XGS desktop firewall appliances and Sophos Firewall software are available exclusively through Sophos’ global channel of partners and Managed Service Providers (MSPs). Defenders can easily manage the solutions in the cloud-native Sophos Central platform alongside Sophos’ portfolio of endpoint, email and cloud solutions and oversee installations, respond to alerts and track licenses and upcoming renewal dates via a single, intuitive interface.

    For more information, visit https://sophos.com/firewall.

    About Sophos
    Sophos is a global leader and innovator of advanced security solutions for defeating cyberattacks, including Managed Detection and Response (MDR) and incident response services and a broad portfolio of endpoint, network, email, and cloud security technologies. As one of the largest pure-play cybersecurity providers, Sophos defends more than 600,000 organizations and more than 100 million users worldwide from active adversaries, ransomware, phishing, malware, and more. Sophos’ services and products connect through the Sophos Central management console and are powered by Sophos X-Ops, the company’s cross-domain threat intelligence unit. Sophos X-Ops intelligence optimizes the entire Sophos Adaptive Cybersecurity Ecosystem, which includes a centralized data lake that leverages a rich set of open APIs available to customers, partners, developers, and other cybersecurity and information technology vendors. Sophos provides cybersecurity-as-a-service to organizations needing fully managed security solutions. Customers can also manage their cybersecurity directly with Sophos’ security operations platform or use a hybrid approach by supplementing their in-house teams with Sophos’ services, including threat hunting and remediation. Sophos sells through reseller partners and managed service providers (MSPs) worldwide. Sophos is headquartered in Oxford, U.K. More information is available at http://www.sophos.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bf53825b-7f27-4a69-9015-b8f3cf79dd07

    The MIL Network

  • MIL-OSI: Rocket Software Study Finds Less than One-Third of Businesses are Using all Available Data to Inform AI Models

    Source: GlobeNewswire (MIL-OSI)

    WALTHAM, Mass., Oct. 08, 2024 (GLOBE NEWSWIRE) — Rocket Software, a global technology leader in modernization software, today announced the findings from its survey, Rethinking the Role of Mainframe Data in Enterprise AI and Analytics. Conducted by Foundry Media for Rocket Software, the survey polled over 200 business leaders and decision-makers in data analytics, management, engineering, and architecture across the U.S., U.K., Germany, and France, to understand how organizations are leveraging mainframe data as part of their AI and analytics initiatives. The survey found that only 28% of survey respondents are using mainframe data extensively in data-driven initiatives. Not factoring mainframe data – which includes both real-time and historical information on customer interactions, account data, financial transactions, and inventory – into AI models is a missed opportunity. By integrating this rich data, models become more accurate, insightful, and reflective of the full scope of an organization’s operations, unlocking powerful insights and driving more informed decision-making.

    AI and advanced analytics are playing an increasing role in how businesses differentiate themselves, unlocking opportunities for new efficiencies, growth drivers, and customer experiences. The success and usefulness of an AI model lies in the data that it is trained on. In the race to adopt AI, a majority of organizations have failed to fully leverage mainframe data to enhance their models. AI that accurately represents all of a business’s data empowers leaders with greater visibility into operations and provides deeper insights, facilitating informed decision-making in real-time. In fact, 46% of respondents said mainframe data was a potential means for improving data quality, accuracy, and completeness of existing datasets.

    Challenges, both real and perceived, have led many to struggle when it comes to integrating mainframe data into their AI and analytics capabilities:

    • 76% of leaders said they found accessing mainframe data and contextual metadata to be either very or somewhat challenging
    • 64% said they considered integrating mainframe data with cloud data sources to be somewhat to very challenging
    • The biggest obstacles to leveraging mainframe data were found to be:
      • Complexity of data retrieval and extraction processes (59%)
      • Concerns regarding security, compliance, and data privacy (56%)
      • Proprietary data formats (41%)

    “If organizations fail to incorporate their mainframe data into AI and analytics, they risk developing models that are less intelligent, powerful, or accurate,” said Michael Curry, President, Data Modernization Business Unit, at Rocket Software. “Rocket Software has the technology and expertise to help enterprises easily bridge their mainframe data into their AI and analytics initiatives, automating away the complexity, and reducing the need for specialized skills and knowledge to protect, retrieve, and extract mainframe data.”

    Mainframe modernization is a worthwhile pursuit. Forty two percent of respondents said they prefer to adopt a prebuilt solution to integrate their mainframe data with cloud data, and 51% cited building new analytical capabilities or business initiatives that were not previously possible was the most attractive use case for mainframe data. That’s where experienced partners, who offer resources across the modernization continuum, can support businesses by mitigating challenges to unlock data’s full potential. Survey respondents noted scalability for large datasets (82%), interoperability with existing data management tools and platforms (82%), and robust security and encryption (81%) as the top benefits for integrating mainframe and cloud data.

    To download the full study, click here. For further insights, register for Rocket Software’s webinar on November 12, here.

    Methodology
    Foundry surveyed 213 business leaders and decision-makers, including those employed in data analytics, data management, data engineering, or data architecture roles between May 10, 2024, and May 27, 2024, to understand how organizations are leveraging or planning to leverage mainframe data as part of their AI and analytics initiatives to drive strategy, improve operational efficiencies, and enhance competitive advantage.

    About Rocket Software
    Rocket Software is a global technology leader in modernization and a partner of choice that empowers the world’s leading businesses on their modernization journeys, spanning core systems to the cloud. Trusted by over 12,500 customers and 750 partners, and with more than 3,000 global employees, Rocket Software enables customers to maximize their data, applications, and infrastructure to deliver critical services that power our modern world. Rocket Software is a privately held U.S. corporation headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia and Australia. Rocket Software is a portfolio company of Bain Capital Private Equity. Follow Rocket Software on LinkedIn and Twitter or visit http://www.RocketSoftware.com.

    Media Contact
    Lacey Darrow
    ldarrow@rocketsoftware.com

    The MIL Network

  • MIL-OSI USA: Join Us on 10/29 for a Foreign and Comparative Law Webinar on What’s in a Legal Gender? A Guide to European Gender Determination Laws

    Source: US Global Legal Monitor

    Earlier this year, a new self-identification act for transgender, intersex, and nonbinary persons was enacted in Germany. The law adds to the growing number of European jurisdictions that have recently enacted self-identification laws for legal gender purposes, including Sweden. The legal landscape is not uniform, however. Other European jurisdictions are curbing the right to change one’s gender, most recently Georgia, which has forbidden the reassignment of one’s gender, and Bulgaria, where the courts have determined that a person cannot change his or her legal gender from that assigned at birth.

    Please join us on October 29, 2024, at 2 p.m. EDT for our next foreign, comparative, and international law webinar titled, “What’s in a Legal Gender? A Guide to European Gender Determination Laws.“ This webinar is the latest installment in the Law Library’s Foreign and Comparative Law Webinar Series.

    This webinar will describe and discuss the regulation of gender self-determination in select jurisdictions in Europe. In particular, the webinar will focus on the existence of gender self-determination laws, the possibility of identifying as a third gender, the rules for changing legal gender, and the use of “X” as a gender marker in passports, among other topics. Similarities and differences in the countries’ approaches will be highlighted.

    Please register here.

    Please request ADA accommodations at least five business days in advance by contacting (202) 707-6362 or [email protected].

    The webinar will be presented by Jenny Gesley and Elin Hofverberg, foreign law specialists in the Global Legal Research Directorate of the Law Library of Congress. Jenny holds a Master of Laws from the University of Minnesota Law School, a Juris Doctor equivalent from the Goethe University of Frankfurt, Germany, and a doctorate in law. Her doctoral dissertation on “Financial Market Supervision in the United States: National Developments and International Standards” (in German) was awarded the Baker & McKenzie Award in 2015. Dr. Gesley is admitted to the New York State Bar and is qualified to practice law in Germany. Elin holds a Master of Laws in international and comparative law from The George Washington University Law School and a Juris Doctor equivalent (Jur. kand.) from Uppsala University Law School. Elin is a member of the New York State Bar and is qualified to practice law in Sweden.


    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News

  • MIL-OSI Global: Why a pilot scheme removing peak rail fares should have been allowed to go the distance

    Source: The Conversation – UK – By Rachel Scarfe, Lecturer in Economics, University of Stirling

    A pilot removing peak fares on ScotRail trains has ended. Loch Earn/Shutterstock

    Commuters in Scotland faced a shock at ticket machines as the Scottish government abandoned a pilot scheme that removed peak rail fares. During the pilot, tickets were the same price all day. But now that it has ended, the increase in fares is significant. The cost of commuting at peak time from Glasgow to Edinburgh, for example, has gone from £16.20 to £31.40.

    The aim of the pilot, introduced in October 2023, was to encourage what’s known as a “modal shift” from cars to more sustainable transport.

    Defending its decision, the Scottish government made two claims: that the pilot increased passenger numbers by only 6.8% (when an increase of 10% was required for it to be self-financing) and that it mostly benefited wealthier passengers.

    These claims were widely reported, but are they correct? And what does this mean for similar schemes in other countries?

    Passengers using the train to get to and from work benefited most from the pilot, which made travel cheaper at peak times (early morning until around 9am and evenings until around 7pm). It is true that wealthier people in the UK tend to use trains and cars more, while poorer people are more likely to travel by bus.

    The graph below shows how much £100 of train and bus tickets, and £100 of petrol ten years ago would cost today.

    Cost of transport in the UK (2014-2024)

    The increase in train fares has been smoother, but mostly faster, than the increase in petrol prices. However, bus fares have increased faster than both. Scotland has not followed England in capping bus fares, a policy that might have benefited lower-income passengers more.

    In theory, a decrease in price for a product will result in an increase in demand. But it is impossible to calculate exactly how much passenger numbers increased due to the pilot, because we cannot know for sure how many passengers would have travelled anyway (the “counterfactual”).

    To estimate the rise in demand brought about by cheaper fares, we must make assumptions about the counterfactual, where peak fares remained in place. This is especially difficult for two reasons. First, the pilot began as passenger numbers were rising again after the COVID lockdowns.




    Read more:
    Catching public transport in Queensland will soon cost just 50 cents. Are cheap fares good policy?


    Statisticians must make assumptions about how much demand would have continued to rise in this case. Depending on these assumptions, the estimated effect of the pilot on demand for rail travel ranges from an increase of 16% to a fall of 5%, compared with the final figure of 6.8%. A change in assumptions can change the estimated rise in demand substantially.

    Second, the pilot spanned a period of disruption on the railways. Strikes in Scotland in 2022 may have put people off train travel, and again, we cannot know whether they would have returned in the counterfactual scenario.

    And bad weather in Scotland in early 2024 and disruption caused by strikes in England and Wales make it difficult to use the rest of Great Britain as a control group to compare against Scotland.

    To estimate the effects of a policy like the pilot, statisticians must make many other assumptions. For example, in April 2024 there was a big increase in fares across Scotland. The analysis underlying the report assumes that this would have happened even without the pilot.

    All these assumptions (and more) lie beneath the reported 6.8% increase in demand and make it impossible to be confident that this was the true number of passengers who shifted to rail travel because peak fares were axed.

    What’s happening elsewhere?

    Similar schemes have been piloted in other countries, including a flat rate €49 (£40) per month (increased from €9) rail pass in Germany, a 50 cent (30 pence) flat fare across all public transport in Queensland, Australia, and a £2 flat bus fare in England.

    As with the pilot in Scotland, it is difficult to determine whether these schemes have caused a modal shift. Some new evidence from Germany suggests that cheaper fares encouraged people to make more journeys overall, but that the shift from cars to trains was limited.

    However, we know that the elasticity (how much demand changes as prices change) of public transport fares is greater in the long term than in the short term. There is a danger that, as in Scotland, governments will cancel them before the long-term effects are clear.

    The SNP government in Scotland is facing difficulties balancing its budget. In these circumstances, any further subsidy to public transport seems unlikely. Instead, the government will have to find other ways to reach its net zero commitments.

    There is evidence that people respond more strongly to an increase in price than to a decrease. If this is the case, the pilot itself could even cause a long-term decrease in passenger numbers in Scotland, because the fall in people using the trains due to the reintroduction of peak fares might be greater than the increase during the pilot.

    It is impossible to tell yet, but in the long term this could make travelling on the railways more expensive for both passengers and for the government subsidising them.

    Rachel Scarfe is a member of the Labour Party.

    ref. Why a pilot scheme removing peak rail fares should have been allowed to go the distance – https://theconversation.com/why-a-pilot-scheme-removing-peak-rail-fares-should-have-been-allowed-to-go-the-distance-240224

    MIL OSI – Global Reports

  • MIL-OSI Canada: Canada to re-open 10-year green bond

    Source: Government of Canada News

    This re-opening follows the successful issuance of a 10-year, $4 billion green bond in February 2024, which saw robust investor demand as demonstrated by a final order book of $7.4 billion. The February issuance is the government’s second green bond, following the successful issuance of Canada’s first 7.5-year, $5 billion green bond in March 2022.

    October 8, 2024 – Ottawa, Ontario – Department of Finance Canada

    The Government of Canada is announcing its plan to re-open its second Canadian-dollar-denominated green bond this week, subject to market conditions.

    This re-opening follows the successful issuance of a 10-year, $4 billion green bond in February 2024, which saw robust investor demand as demonstrated by a final order book of $7.4 billion. The February issuance was the government’s second green bond, following the successful issuance of Canada’s first 7.5-year, $5 billion green bond in March 2022.

    The government’s intent is to proceed with two transactions in fiscal year 2024-25—today’s re-opening and a separate offering at a later date—to meet the planned green bond issuance target outlined in Budget 2024.

    This offering will be the second under Canada’s updated Green Bond Framework, released on November 21, 2023. Canada is the first sovereign borrower to include certain nuclear expenditures in a green bond, demonstrating Canada’s commitment to being a global leader in clean nuclear power.

    Canada’s green bond program is supporting the growth of the sustainable finance market in Canada, and around the world, and advancing Canada’s investments in clean growth, renewable energy, climate action, and environmental protection. Green bonds unlock private financing to speed up projects such as green infrastructure and nature conservation.

    The Government of Canada’s green bonds will meet demand from investors seeking green investment opportunities backed by Canada’s AAA credit rating, while contributing to the development of a stronger sustainable finance market in Canada.

    • To support the growth of the sustainable finance market in Canada, in March 2022 the government launched the federal green bond program. Mobilizing capital through green bonds is an important element of Canada both meeting its 2030 emissions reduction targets and achieving net-zero emissions by 2050. Green bond projects will grow Canada’s economy and create more good-paying jobs across the country.

    • In March 2023, the government published its inaugural allocation report on the distribution of green bond proceeds, and an allocation and impact report in 2024. 

    • In November 2023, the Government of Canada updated its Green Bond Framework to make certain nuclear expenditures eligible, in line with the government’s position that nuclear power is vital, clean technology for Canada’s path to net-zero emissions by 2030, as well as updated taxonomies, international best practices, and evolving investor preferences.

    • Canada’s Green Bond Framework is aligned with the green bond frameworks of other sovereign issuers that have been widely accepted by green bond investors and market indices. Other sovereign green bond issuers include France, Germany, Sweden, Spain, Italy, and the United Kingdom.

    • Green bonds issued under the initial Framework continue under its parameters, and no proceeds from the first green bond issued in March 2022 will be allocated to nuclear related expenditures by the Government of Canada.

    • Sustainalytics, an independent environmental, social and governance (ESG) research group, concluded that Canada’s Green Bond Framework is a credible and transparent plan to deliver positive environmental benefits.

    MIL OSI Canada News

  • MIL-OSI China: Regular Press Conference of the Ministry of National Defense on September 26 2024-10-08 Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), releases news at a regular press conference on the afternoon of September 26, 2024.

    Source: People’s Republic of China – Ministry of National Defense 2

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    (The following English text of the press conference is for reference. In case of any divergence of interpretation, the Chinese text shall prevail.)

    Zhang Xiaogang: Friends from the media, good afternoon. Welcome to this month’s regular press conference of the Ministry of National Defense.

    I have four pieces of news at the top.

    The first one.

    At the invitation of the Ministry of National Defense of Laos, the rotating chair of ASEAN, a working group of China’s Ministry of National Defense attended the ASEAN Defense Senior Officials’ Meeting-Plus in Vientiane on Sep. 26th. During the meeting, the Chinese side had discussions with representatives of other parties on international and regional security landscape, and advocated to jointly promote the Global Security Initiative, strengthen strategic communication and deepen defense cooperation to consolidate regional peace and stability.

    The second one.

    China’s Ministry of National Defense hosted the 21st Expert Working Group (EWG) meeting of the Shanghai Cooperation Organization(SCO) Defense Ministers’ Meeting in PLA National Defense University in Beijing from September 25th to 26th. Representatives from SCO member states and the Secretariat exchanged views on military cooperation at the event. This is the first EWG meeting under the SCO Defense Ministers’ Meeting hosted by China after its assumption of the rotating presidency. It’s also the first time for Belarus to attend as a full member of the SCO.

    The third one.

    At the invitation of the South African Navy, PLA Navy ship (PLANS) Xuchang from the 46th naval task group for escort missions will participate in the International Navy Day in Cape Town in early October. During the event, PLANS Xuchang will participate in the international fleet review and host an Open Day activity. In addition, it will have a maritime drill with the South African Navy.

    The fourth one.

    The Chinese government and the Organization for the Prohibition of Chemical Weapons(OPCW) will co-host the third training course on medical aid and protection against chemical weapons in PLA Air Force Medical University from October 13th to 19th. Over 30 participants from more than 20 State Parties including Germany, Brazil and Morocco will participate in the training. They will focus on topics such as the symptom, diagnose and treatment of chemical weapons poisoning, the medical transportation and classification of the injured by chemical weapons, and organization and implementation of medical recue in dealing with chemical weapons. In the spirit of the Chemical Weapons Convention, the course is to strengthen rescue and response capabilities against chemical weapons, enhance capacity-building in medical protection and treatment, and contribute to the building of a community with a shared future for mankind.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), releases news at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    Question: There are growing interaction between the Chinese and US militaries in recent time. The commanders of the PLA Southern Theatre Command and US Indo-PACOM had a video phone call. US Deputy Assistant Secretary of Defense for China attended the 11th Beijing Xiangshan Forum and the two sides had the 18th Defense Policy Coordination Talks. What’s your comment on the current China-US mil-mil relations and what interaction the two sides will have in the future?

    Zhang Xiaogang: President Xi Jinping and President Joe Biden had a successful meeting in San Francisco last November, and the two leaders talked on the phone this April. They have set the direction for a sound, stable and sustainable China-US relationship. At present, there is a stabler momentum in the overall and defense relations between China and the US. The two militaries maintain high-level strategic communication, policy communication, institutionalized dialogues and exchanges in specialized fields. These engagements could help enhance mutual understanding, avoid miscalculation, and manage and control risks.

    We require the US side to recalibrate its strategic perception on China, return to a sensible and practical China policy, and respect China’s major concerns. The US should make concerted efforts with China in the principle of mutual respect, peaceful coexistence and win-win cooperation to stabilize and improve the mil-mil relationship through candid, effective and constructive dialogues and cooperation.

    Question: I have two questions. First, according to a recent statement by the United States Indo-Pacific Command (USINDOPACOM), the United States urges China to reconsider using dangerous and coercive strategies that may escalate tensions in the South China Sea and other regions, What’s your comment? Second, at the news conference of the 15th China International Aviation and Aerospace Exhibition yesterday, the deputy commander of the PLA Air Force said that many new types of aircraft developed by the PLAAF in recent years will be exhibited this time. Netizens are all eager to see the H-20 bomber. Can you provide us with more information?

    Zhang Xiaogang: It is the US and its allies who is creating risks. Their vessels and aircraft have been conducting frequent close-in reconnaissance in China’s vicinity, trespassing into China’s territorial seas or administered maritime and air space, harassing routine exercises of the Chinese side, and taking irresponsible and dangerous moves. These operations severely undermine China’s sovereignty and security interests, put the safety of Chinese and their own personnel at risk, and jeopardize regional peace and stability. According to preliminary statistics, by September this year, the US military has sent about 1500 aircraft to China’s vicinity for reconnaissance or harassment, which fully showcased that the US side is a provocative and disruptive actor.

    We urge the US side stop false narratives, stop dangerous and provocative operations, and strictly discipline its troops on the ground. The Chinese military is on high alert and will take legitimate and necessary measures to respond to provocation and safeguard China’s sovereignty, security and development interests.

    On your second question, I think relevant departments will release information in due course and you can follow that.

    Question: On the morning of September 25th, China launched an intercontinental ballistic missile into the Pacific after 44 years. Does this mean that China is accelerating the development of its nuclear forces? Will there be any change in China’s nuclear policy?

    Zhang Xiaogang: This ICBM launch is to test our weapon and training performance. It is a legitimate and routine arrangement for military training. China nuclear policy is very stable, consistent and predictable. We strictly follow a nuclear policy of no first use of nuclear weapons and pursue a nuclear strategy of self-defense. China does not seek any arms race. We have promised not using or threatening to use nuclear weapons against no-nuclear-weapon states or nuclear-weapon-free zones. China will continue to keep its nuclear capabilities at the minimum level required for national security.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    Question: The Standing Committee of the 14th National People’s Congress recently approved the National Defense Education Law, which will come into effect on September 21. Please give us more details about the amendment of this law.

    Zhang Xiaogang: Defense makes a country and its people safe. The amendment of the national defense education law focuses on 4 aspects. First, it confirms the CPC’s leadership over defense education, and requires building a system with centralized and unified leadership, clear division of responsibilities, and civil-military coordination. Second, it emphasizes the combination of defense education at school and military service publicity. There are requirements to improve defense education at school to raise students’ awareness of perform military service in accordance with the law. Third, it regulates that the outline for military training for students should be co-drafted by relevant agencies for educational under the State Council and the CMC. Higher education institutes and high schools should organize military training based on the outline to strengthen military skills training and temper the will and discipline of students. Fourth, it asks to expand the scope and channels for defense education. Local governments can use opportunities of major festivals, commemorative days and thematic events to carry out extensive activities on defense education to strengthen the awareness for national defense in the society.

    Question: US Army Secretary said recently that he discussed with Japan’s Defense Minister about deploying US Army multi-domain special task groups during his visit to Japan. Some analysts say it means the US may deploy Typhon mid-range missile system to Japan. What’s your comment?

    Zhang Xiaogang: We are closely following relevant moves. US deployment of mid-range missiles in the Asia-Pacific Region will intensify arms race, threaten regional countries and undermine global strategic balance. China is firmly opposed to it. What Asia-Pacific needs is peace and prosperity rather than conflict and confrontation. We urge the US side to stop this dangerous move and do not create tensions in the region. The Japanese side should stay cautious and do not invite the wolf into the house, otherwise, it would only push itself into a dangerous situation. The Chinese side will take resolute and effective measures to respond in accordance with the developments of the situation and its own needs.

    Question: The US Deputy Secretary of State Kurt Campbell recently said at a meeting of the US House Foreign Affairs Committee that China poses the greatest challenge to the United States and the China threat is more serious than the Cold War. The 2022 National Defense Strategy report issued by the Commission on the National Defense Strategy said that the United States, due to its outdated defense strategy, unreasonable military structure, and inadequate capacity of the defense industry, is unable to handle the dual threats from China and Russia. What’s your comment?

    Zhang Xiaogang: In recent years, by perceiving China with its own hegemonic thinking and the Chinese military from a perspective of competition and threat, the US has gone too far to play up the alleged “China military threat”. Its intention is nothing more than finding an excuse for expanding its own military power. Records have shown that the US side is the biggest challenge to world peace and a source of future global warfare. China is opposed to US Cold War thinking and its narratives or actions that intensify confrontation and undermine China’s strategic security and interests.

    China is a contributor to world peace and development and a defender of the international order. We stay committed to a defensive defense policy. China’s defense and military modernization is to safeguard its own security and interests and contributes to world peace. Playing the China card won’t help the us to solve its own problems. We require the US to have a sensible and objective view on China and China’s military development and strategic intentions. It should put more efforts on things that can help shore up China-US bilateral relations and consolidate regional peace and stability.

    Question: The 2024 Quad Leaders Summit issued a joint statement which did not mention China directly but criticized coercive and intimidating maneuvers in the South China Sea. It also announced to launch a first-ever Quad-at-sea Ship Observer Mission by coast guards of the four countries in 2025. What’s your comment?

    Zhang Xiaogang: Relevant joint statement uses vague languages to cover its malicious intention to target China. It needs to be emphasized that China has indisputable sovereignty over Nanhai Zhudao and its adjacent waters. It is fully legitimate, justified and beyond reproach for China to conduct constructions on our own territory and carry out law-enforcement operations in waters and airspace under our jurisdiction. Though not directly concerned in the South China Sea issue, the US, Japan, India and Australia are resorting to microphone diplomacy to criticize and smear China and stir up troubles and mislead the public. In particular, the US has deployed offensive weapons in the region, worked with its allies to step up military exercises, and conduct close-in reconnaissance against China’s islands and reefs. Talking about militarization, coercion, bullying, and bloc confrontation in the South China Sea, I think the US deserves these labels more than any other country.

    Joint maritime operations carried out by relevant countries should contribute to regional peace and stability, and not harm the interests of any third party. The Chinese side is firmly opposed to actions that may stir up troubles and escalate tensions in the South China Sea. We will firmly defend our own sovereignty, security and maritime rights and interest, and maintain peace and stability in the South China Sea.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    Question: Both China and India have recently made positive statements about de-escalating the situation in their border area, and the Chinese foreign ministry also spoke of disengagement of troops in four areas, including the Galwan Valley. There is a great deal of expectation that there will be disengagement in other areas along the border. What is your comment, please?

    Zhang Xiaogang: For quite some time, under the guidance of the two state leaders, China and India have maintained communications with each other through diplomatic and military channels, including between the two foreign ministers, between the Chinese foreign minister and Indian national security adviser, and through the Working Mechanism for Consultation and Coordination on India-China Border Affairs (WMCC), and the Corps Commander Level Meetings. Through these discussions and communications, the two sides were able to reduce their differences and build some consensus. They have agreed to strengthen dialogues, accommodate each other’s legitimate concerns, and reach a resolution at an early date that is acceptable to both sides. Before that day comes, the two sides will continue to consolidate the outcomes, strictly abide by bilateral agreements on border issues and confidence-building measures to jointly safeguard peace and tranquility along the border.

    Question: I have two questions. First, Chinese and Nepalese militaries had a joint training, the Sagarmatha Friendship-2024, in late September in south China’s Chongqing. Can you give us more details? Second, the PLA used a Z-9 helicopter to stop and dispel an intruding Philippine reconnaissance aircraft from Huangyan Dao. What is your comment, please?

    Zhang Xiaogang: On your first question. The Chinese and Nepalese armies are carrying out Sagarmatha Friendship-2024 joint military training. With troops in mixed units, this training focuses on joint counter-terrorism operations in urban neighborhoods and covers comprehensive subjects including multidimensional search, check point setting and blockade, stalking, rescue with arms, evacuation under cover, and clearing and screening. Alongside the training, the two sides also organized activities such as sports games, art performance and cultural exchanges. The Sagarmatha Friendship is a signature program between the Chinese and Nepalese militaries, and it is the 4th of its kind this year. The PLA will work with the Nepalese side to strengthen military trust and substantive cooperation, and build a closer China-Nepal community of shared future in the new era.

    On your second question. The Huangyan Dao is an inalienable part of Chinese territory and China has indisputable sovereignty over it and its adjacent waters. For some time now, the Philippine side has been sending public or military vessels and aircraft to intrude into the airspace and maritime waters of Huangyan Dao without the approval of the Chinese side, which has seriously violated China’s sovereignty and undermined regional peace and stability. The Chinese side has taken necessary measures in accordance with law to stop and dispel these Philippine ships and aircraft and our operations have been professional and restrained. We will continue to take necessary measures to safeguard our territorial sovereignty and maritime rights and interests in Huangyan Dao.

    Question: It is reported that on September 25th, frigates from the JMSDF transited through the Taiwan Strait. Does the Chinese side know about this? What is your comment, please?

    Zhang Xiaogang: On September 25th, Japanese destroyer Sazanami, Australian destroyer the HMAS Sydney, and New Zealand supply ship the HMNZS Aotearoa conducted transit operations through the Taiwan Strait. The PLA stayed on high alert and monitored the transit. We are opposed to such provocations in the name of the so-called “freedom of navigation” that send wrong signals to the “Taiwan independence” separatist forces and undermine China’s sovereignty and security.

    The Taiwan question is an internal affair of China that brooks no foreign interference. We urge relevant countries to respect the One China principle, stop mudding the water on this question, and stop undermining peace and stability in the Taiwan Strait. The PLA will remain on high alert and take all necessary measures to counter any threats and provocations.

    Question: I have two questions. First, according to media reports, the Russian military has sent maritime and air forces to participate in China’s Northern/Interaction-2024 exercise. Can you give us more details? Second, the Philippine Coast Guard (PCG) ship 9701 has withdrew from Xianbin Jiao and the PCG said it would send another ship to the reef and would not let it become a second Huangyan Dao. Philippine Defense Secretary said that if China removes the Philippine ship grounded at Ren’ai Jiao, it would be an act of war. What’s your comment? 

    Zhang Xiaogang: According to this year’s cooperation plan between Chinese and Russian militaries, the Russian military participated in Exercise Beibu Unity-2024 organized by the PLA Northern Theater Command in relevant waters and airspace of the Sea of Japan and the Sea of Okhotsk from September 10th to 27th. More than 10 vessels and over 30 aircraft from the two sides were involved. The exercise is an effective test on interoperability of the two militaries in tactical commanding and joint operations. It further deepened strategic coordination between the two militaries and contributed to maintaining regional peace and stability and addressing security challenges.

    After the exercise, relevant Chinese and Russian navy task groups will conduct joint maritime patrols in relevant waters of the Pacific.

    The Philippine side recently pulled out PCG 9701 which had been illegally anchored in the lagoon of Xianbin Jiao. It is the only right way forward and is conducive to restoring peace and stability in relevant waters. China has indisputable sovereignty over Nansha Qundao and its adjacent waters, including Ren’ai Jiao and Xianbin Jiao. We will take firm countermeasures against any act that infringes China’s territorial sovereignty and maritime rights and interests. Actions that violate the Declaration on the Conduct of Parties in the South China Sea (DOC) and undermine regional peace and stability are unwelcomed. We urge the Philippine side not to have illusion and miscalculation and stop making any risky and futile provocations.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    Question: It is reported that China has recently sent marine troops to Brazil to participate in the Operation Formosa 2024 multilateral exercise. Can you give us more details?

    Zhang Xiaogang: A contingent from the PLAN Marine Corps participated in the Operation Formosa-2024 multinational joint exercise in Brazil recently. The subject of the exercise is joint landing and counter-landing operations. It is the first time for China to participate in the exercise and the Chinese troops had good exchanges with other participating forces. The exercise helped build trust and friendship, and strengthened the capability of participating countries in jointly addressing security challenges.

    Question: According to media reports, the Chinese military recently hosted demining courses for Cambodia and Laos. Can you give us more information?

    Zhang Xiaogang: The PLA Army Engineering University hosted two demining courses for personnel from Cambodia and Laos respectively from July 1st to September 27th. Senior delegations from Cambodia and Laos, and representatives from the UN Mine Action Service(UNMAS), the International Committee of the Red Cross (ICRC), and the ASEAN Regional Mine Action Center attended the graduation ceremony, and spoke highly of the demining courses as well as the graduation drills.

    Cambodia and Laos are the most severely affected regions by mines. The Chinese military attaches great importance to international cooperation on demining, and takes cooperation and assistance on Humanitarian Mine Action (HMA) as an important step for building a community with a shared future for mankind and implementing the Global Security Initiative. Over the past 20-plus years, we have trained over 700 demining professionals from more than 20 countries, and sent demining EWG abroad to conduct on-site teaching multiple times. The Chinese military will continue to strengthen substantive cooperation with militaries in the region, and make contributions to international humanitarian demining cause.

    Question: Recently the promotional video Cui Huo (Being Tempered)  received a lot of coverage from both domestic and foreign media. Can you give us more information?

    Zhang Xiaogang: The promotional video Cuihuo (Being Tempered) co-produced by the CMC Political Work Department, the Office of the Central Cyberspace Affairs Commission and the China Media Group started airing on CCTV-1 on September 11. It was simultaneously uploaded to major web portals and covered by more than 300 Chinese and foreign media. Views and clicks of the video have reached 5.37 billion. The video represents innovative efforts of the military to promote Xi Jinping Thought on Strengthening the Military online, and another masterpiece after two promotional videos Zhuiguang (Chasing Light) and Zhumeng (Following Dream).

    Cuihuo is about how the military is raising political awareness and improving combat readiness. It tells touching and thought-provoking stories about ordinary service members from multiple perspectives, reflecting enhanced political loyalty of the people’s military and its solidarity and confidence in building a strong military. The popularity of these promotional videos shows the strength of Xi Jinping Thought on Strengthening the Military, and the confidence and resolve of the Chinese military to achieve its centenary goal.

    Question: Taiwan’s defense authorities recently submitted to the legislative body its budget for 2025 which amounts to 667b TWD (148b RMB). According to another report, Taiwan’s army will purchase many types of UAVs for monitoring and attack in urban battlefields. What’s your comment?

    Zhang Xiaogang: Sticking to its policy of “Taiwan Independence”, the DPP authorities have been ignoring public opinion, making irresponsible moves and going further down the dangerous path of seeking independence by force. The more they spend on purchasing weapons, the more insecure people in Taiwan will feel. This strategy will only push Taiwan closer to the brinks of war. We warn the DPPD authorities that those who do wrong things will court its own destruction. More weapons will not change the fate of Taiwan Independence. The PLA has full capabilities to smash all separatist attempts for TWI and defend China’s sovereignty and territorial integrity.

    Question: What’s the type of the ICBM launched yesterday by the PLA rocket force? What signal is the PLA trying to send to the international community?

    Zhang Xiaogang: On the test launch of the ICBM, we have released information on that in a timely manner, and I have no more information to add. I want to emphasize that this test launch is in line with international law and practice and is not directed at any country or target.

    Question: According to reports, the first F-16V fighter Taiwan bought from the US will be delivered at the end of September. And 26 UAV manufacturers recently visited Taiwan. Chief of the Taipei Office of the America Institute in Taiwan said recently that there was a possibility for the US and Taiwan to jointly manufacture weapons. Meanwhile, some media reports said there are large numbers of moldy bulletproof vests and expired ammunitions in weapons assisted by the US to Taiwan. What’s your comment?

    Zhang Xiaogang: We are firmly opposed to any official and military contact between the US and China’s Taiwan region. Currently, the biggest threat to peace and stability across the Taiwan Strait is separatist activities by the forces for Taiwan Independence and acquiesced support provided by external forces. Whether it’s US arms sale to Taiwan or so-called joint manufacturing of weapons, the true purpose is never protecting Taiwan but using the DPP authorities as a dumb cash machine to dump obsolete and stockpiled weapons and feed the US military-industrial complex. We warn the DPP authorities that the fate of a pawn is being abandoned. Those courting the US to damage Taiwan will be punished by time and justice. The PLA will take all necessary measures to defeat any separatist attempt for Taiwan Independence and foreign interference.

    Question: In the video Cui Huo, we heard a J-20 pilot saying in an interview that he can never forget the moment when he saw the Taiwan island while flying in his aircraft. This sparked conjectures that the stealth fighter J-20 also participated in a patrol over Taiwan. Can you confirm that?

    Zhang Xiaogang: Taiwan is a part of the Chinese territory. The PLA fighters can go there as they want. There is no need to be surprised.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    Question: I have two questions. The first is about the continued tensions in Lebanon. Recently, the engineering detachment of the Chinese peacekeeping forces in Lebanon successfully cleared an undetonated rocket shell. What is your comment on the incident? Second, the national security adviser from the Philippines recently said that they plan to purchase mid-range missiles and will continue to use America’s Typhon missile system for training, which means the system may continue to stay in the Philippines. What is your comment on that?

    Zhang Xiaogang: On your first question, China is closely following the security situation in Lebanon, and we will further strengthen the security protection of our troops.

    On your second question. China has made our opposition clear concerning US deployment of mid-range missiles in the Philippines under the cover of military exercises. We urge the US side to correct this wrong move and withdraw the missile system to fulfill its prior promise. The Philippine side should not have any miscalculation. Binding itself to the US chariot would only bring damages to itself. China has many options in its toolkit. We will take effective measures to respond in accordance with the developments of the situation.

    Question: I have two questions. First, on September 26th, the defense authorities in Taiwan said that they monitored several PLA aircraft flying around the Taiwan Strait. Experts say the exercise was to prevent foreign interference. Can you tell us the purpose of this exercise? Second, about yesterday’s ICBM launch, which countries has China informed beforehand? The Japanese government said that it was not informed. Can you comment on that? Some experts say that this launch may increase tensions in this region. What’s your comment?

    Zhang Xiaogang: On your first question, it is legitimate and reasonable for the PLA to organize exercises and training activities in the sea and airspace around Taiwan Island. We will continue to strengthen military training and combat readiness, and regularly organize relevant military operations.

    On your second question, the test launch of the ICBM by the PLA Rocket Force is consistent with international law and practices. Before the launch, we have issued warnings specifying the prohibited time and areas and informed several countries in advance through military and diplomatic channels. This fully demonstrates the openness and transparency of the PLA.

    Question: Japan’s defense ministry announced a large-scale restructuring of its maritime self-defense force to establish a new marine corps and alert contingency. It also plans to increase defense budget and build a small satellite network. Some analysts say Japan may assist US intervention in the Taiwan Straits.

    Zhang Xiaogang: We have noticed relevant moves by the Japanese side. In recent years, Japan has been accelerating restructuring of its combat forces and build-up in new domains, and developing long-range attack capabilities. There is a growing tendency for Japan to return to its militarist past, which violates its Pacifist Constitution and purely defensive defense, and challenges the post-war international order. We urge the Japanese side to take lessons from history, be cautious in military security and contributes to regional peace and stability instead of the opposite.

    Question: I have two questions. First, the US Navy recently issued a strategic guideline on naval operations that claimed that the Chinese mainland has the greatest capabilities in the world in ship manufacturing and that the US should be prepared for a conflict with China in 2027. What is your comment, please? Second, the Chinese Ministry of State Security exposed a hacker organization called “Anonymous 64”, saying that the people behind this organization are from the Taiwan military. What is your comment, please?

    Zhang Xiaogang: On your first question, I think this rhetoric from the US side exposes again its Cold War mindset and militant nature. I have to stress that China has no intention of challenging or replacing the United States. The goal of our development is to deliver a better life for the Chinese people and provide new opportunities for world peace and development. China is on the course to build a strong nation and realize national rejuvenation through the Chinese path to modernization. No foreign forces can stop this trend. The Chinese military fears no threats or challenges, and will take firm actions to safeguard national sovereignty, security and development interests.

    On your second question, you can inquire about relevant authorities for more information.

    Question: The American website, Defense News, recently reported that the US plan to provide Taiwan with nearly US$570 million worth of “security assistance” has come to the final stage. This is by far the largest package assistance from the US to Taiwan region, which will be spent on training, reserves, anti-armor weapons, air defense, UAVs, and other subjects to protect Taiwan from military attacks from the Chinese mainland. What is your comment, please?

    Zhang Xiaogang: We have noticed relevant reports. China is consistently opposed to the US selling weapons to the Taiwan region. What it has done has grossly violated the One China principle and the three China-US Joint Communiques, severely undermined China’s sovereignty and security interests, and sent very wrong signals to “Taiwan independence” separatist forces. It must be pointed out that the US attempt to contain China with Taiwan, to root for the DPP authorities and to bloat the arrogance of “Taiwan independence” separatist forces by providing military assistance and selling weapons to them, will do nothing but undermine the peace and stability across the Taiwan Strait. These actions will eventually backfire to burn the United States itself.

    We urge the US side to stop military collusion with Taiwan and stop arming Taiwan in any way in order to maintain the relations between the two countries and the two militaries. Taiwan belongs to China. It is just across the strait from the mainland, and we will never let it drift away. The PLA will never back down in safeguarding national sovereignty and territorial integrity. We will take firm actions to defeat any attempts at Taiwan independence and any interference by foreign forces.

    Question: The website of Taiwan defense authorities recently released information that they have received detected mainland forces conducting joint landing exercises in waters near Dachengwan in Dongshan, Fujian Province. The exercise involved many types of fighters, helicopters and UAVs coupled with amphibious ships and RO-RO cargo ships loaded with ground forces. Taiwan defense authorities said they will closely monitor the exercise. What is your comment, please?

    Zhang Xiaogang: The relevant exercise is a routine arrangement within the PLA’s annual plan aimed to improve the capabilities of our troops for fulfilling missions and tasks. The PLA fears no reconnaissance or harassment against its operations. The DPP authorities should be fully aware of the strong capabilities and firm will of the PLA, see clearly that “Taiwan independence” will never succeed, and completely abandon their separatist illusion.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of September 26, 2024. (mod.gov.cn/Photo by Zhang Zhicheng)

    Zhang Xiaogang: In a few days, we are going to celebrate the 75th birthday of the PRC. In our epic journey in the past 75 years, Chinese people, under the leadership of the CPC, have made remarkable and historical achievements. Over the past 75 years, under the absolute leadership of the CPC, the people’s military has grown stronger through wars, challenges, reforms and transformation. It is always an iron great wall in defending national sovereignty, security, and development interests, and a staunch force for world peace and stability. Today, China is building a strong country and advancing national rejuvenation through Chinese modernization, and the Chinese military is forging ahead to achieve its centenary goal and build itself into a world-class military. Here, allow me to wish enduring peace and great prosperity to our great motherland!

    MIL OSI China News

  • MIL-OSI Security: Meisners Section — RCMP investigates ATV crash in Meisners Section

    Source: Royal Canadian Mounted Police

    Lunenburg District RCMP is investigating a serious injury ATV crash that occurred in Meisners Section.

    On October 7, at approximately 8:15 p.m., Lunenburg District RCMP, fire services, and EHS responded to a report of a side-by-side crash on a trail in Meisners Section. RCMP officers learned that the off highway vehicle lost control and rolled.

    The driver, a 27-year-old New Germany woman, suffered life-threatening injuries and was transported to hospital.

    The two passengers, a 37-year-old man from Springfield, and a child both suffered non-life-threatening injuries and were also transported to hospital by EHS.

    The investigation remains ongoing.

    MIL Security OSI