Category: housing

  • MIL-OSI United Nations: Signs of ‘Historic Progress’ towards Peace Emerge, Central African Republic’s Delegate Tells Security Council, Requesting Donor Support for 2025 Elections

    Source: United Nations General Assembly and Security Council

    UN Official Notes Fragility in Border Areas despite Overall Security Improvement

    The Central African Republic has made significant progress towards the 2025 elections, the head of the United Nations peacekeeping mission in the country told the Security Council today, while also noting overall security improvements and persistent fragility in border areas.

    Valentine Rugwabiza, Secretary-General’s Special Representative and Head of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA), emphasized that the upcoming electoral cycle represents a historic opportunity to lay the foundation for decentralized governance.  Recently, national authorities along with MINUSCA’s support were able to register 570,000 new voters and had opened the first-ever multiservice post at the country’s border with Chad.

    However, despite this important progress, serious pockets of insecurity persist, particularly in areas where armed groups try to control mining sites and transhumance corridors, she continued.  Implementation of the national border-management policy requires additional support as the conflict in Sudan also threatens to spill over.  While welcoming the dissolution of 9 out of 14 armed groups who signed the Political Agreement for Peace and Reconciliation six years ago, she also said that more needs to be done — in collaboration with regional partners — to facilitate the return of armed group leaders and ensure their disarmament.

    On the human rights front, she urged the Government to launch the Truth, Justice, Reparation and Reconciliation Commission, through the appointment of its new commissioners.  “If left unaddressed, [human rights] crimes could undermine the hard-earned security gains and further erode social cohesion,” she warned. Paying tribute to a 29-year-old Tunisian peacekeeper recently killed in an ambush in Bamingui-Bangoran, she urged the authorities to bring the perpetrators to justice.

    “We need your support to build a stronger and more inclusive economy in the Central African Republic,” said Portia Deya Abazene, President of the Federation of Women Entrepreneurs of the Central African Republic, via video link.  Despite the adoption of international conventions and a constitution guaranteeing equal rights, “harmful practices continue to hinder the progress of women in [Central African Republic]”, she said, highlighting the low representation of women in leadership positions.  Women represent only 15.52 per cent of business owners in certain sectors and face constraints in accessing land, means of production, education, financing, markets and decent employment.

    Women Key to Economic Development

    Ms. Abazene’s organization provides a space for experience-sharing among women entrepreneurs at the local level, as well as training programmes in leadership, management, financial education and digital marketing.  “The achievements of Central African women in entrepreneurship are the result of their determination and political will,” she underscored, calling for policies promoting female entrepreneurship and easier access to financing.  “The Central African Republic will not reach its potential as long as more than 51 per cent of its population” —  women —  continue to be marginalized, she said. 

    Council members emphasized the need to address human rights violations in the country, urged its authorities to seize the opportunity to hold credible elections, and highlighted MINUSCA’s vital role in helping to expand State authority.  Several speakers, however, offered differing views on the root causes of Bangui’s instability.

    United States, United Kingdom, Russian Federation Trade Barbs 

    “It is clear that Kremlin-backed actors, purporting to be security partners, are undercutting Central African Republic’s authorities and undermining peace with the primary goal of stealing [Central African Republic] resources without contributing to its development,” said the representative of the United States. . “It is unacceptable that a member of this Council continues to disseminate disinformation that diminishes the credibility and effectiveness of MINUSCA,” he added, expressing serious concern over the violation of the Status of Forces Agreement, namely the blocking of MINUSCA fuel trucks.

    The United Kingdom’s delegate said his country has information “that proxies directed by the Russian State have plans to interfere with [Central African Republic] elections, including through suppressing political voices and conducting disinformation campaigns to interfere in political debate”.  They are acting without regard for the country’s sovereignty and jeopardizing the dedicated UN role, he said.  Also highlighting reports of Wagner Ti Azande and other armed groups committing atrocities against civilians, he called on all actors to the conflict to uphold their obligations under international law.

    The representative of the Russian Federation said that, given the considerable security improvements in the Central African Republic, it is “surprising” that the United States and United Kingdom continue “whipping the dead horse of their campaign to smear” her country.  This campaign has run out of steam.  Moscow remains committed to cooperating with Bangui to achieve lasting peace and security.  As far as the security situation, she expressed concerns for the area bordering Sudan, which has become an “additional burden” of human rights concerns.  Successful municipal elections in July will be a “milestone on the road to peaceful life” in the Central African Republic.

    The representative of China, Council President for February, speaking in his national capacity, said the situation in the country “is good, in general”, with progress in enhancing governance capacity and consolidating political gains.  MINUSCA must prioritize support for election preparations, he said, adding that the international community should avoid undue external interference.

    Democratic, Inclusive, Fair Elections

    The representative of Somalia, also speaking for Algeria, Guyana and Sierra Leone, welcomed the inauguration of “the first-ever multiservice border post in the Central African Republic” built with MINUSCA’s support. Despite security, logistical and financial challenges — preparations towards local, legislative and presidential elections are progressing.  Emphasizing the need for open and constructive dialogue between the Government and opposition parties, he also called for “concerted” efforts to ensure that all eligible citizens are registered to vote.  “We wish to underline that the success of the local election process is essential for the strengthening of direct democracy, legitimacy, local development and the extension of State authority throughout the national territory,” he added.

    Other speakers also said that the upcoming elections were a unique opportunity for the Central African Republic, with Panama’s delegate emphasizing that 2025 is a “pivotal year” for Bangui.  “These will be the first local elections in more than three decades,” he said, urging the Government to guarantee that “these elections will be carried out in a peaceful environment”.  Slovenia’s delegate said that, while local elections can signify a major step in the further decentralization of the country, they “will only be considered credible and democratic, if all eligible voters are able to register and cast their vote, including women, youth, minorities, internally displaced persons, returnees and refugees”.

    Fear of Sudan Conflict Spillover

    Joining others in expressing concern over the spillover of the conflict in Sudan, the representative of the Republic of Korea said that the presence of the Rapid Support Forces — a paramilitary group in Sudan — in the Central African Republic “only brings more risk to the already-fragile landscape”.  Similarly, Greece’s representative said that recent gains in border-management policy “are undermined by the transiting of armed groups across the porous north-eastern region”.

    Pakistan’s delegate noted that his country had contributed 1,300 troops to MINUSCA and expressed concern over the shortfall in funding.  “As of 4 February, unpaid assessed contributions to the Special Account for MINUSCA amounted to $570.7 million,” he said.  Other Council members also stressed the need to provide financial and material support for the Central African Republic, with France’s delegate noting that Paris has allocated €2 million to the United Nations Development Programme (UNDP) for Bangui’s upcoming elections, and €200,000 to enable the country’s Special Criminal Court to function.  Peacebuilding “depends on progress achieved in combating impunity”, he stressed.

    The representative of the Central African Republic, detailing his country’s “considerable progress in pursuing peace” since the signing of the 2019 peace agreement, reported that 9 of 14 armed groups have dissolved, 7,000 combatants have disarmed and demobilized, and 20,000 weapons of various calibres have been collected.  “This is a sign of historic progress,” he stressed, while noting the “one major challenge” remaining — “the complete eradication of isolated armed groups, which continue to carry out atrocities against civilians”.  To the armed groups that remain, he underscored:  “The door for dialogue remains wide open.”

    He went on to stress:  “Insecurity directly threatens the democratic process that we intend to consolidate.” Noting that the crisis is Sudan is seriously impacting his own, he called on the international community to support Bangui’s forces; provide training, logistical and intelligence support; and strengthen MINUSCA’s mandate so the Mission can be more proactive in addressing security threats.  And for the ongoing electoral process — “a fundamental pillar for stability and lasting peace” — he appealed for financial support amounting to $7 million. “By supporting this process, the international community will be directly contributing to peace and development in our country,” he said.

    MIL OSI United Nations News

  • MIL-OSI: Bishop Street Underwriters Closes Acquisition of Landmark Underwriting

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and LONDON, Feb. 20, 2025 (GLOBE NEWSWIRE) — Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced that it has completed its acquisition of Landmark Underwriting (“Landmark”), a specialty-focused managing general agent (“MGA”) based in London. This deal continues Bishop Street’s rapid expansion, growing its investment footprint outside of North America for the first time, and further strengthening the capabilities of its platform. Financial terms of the deal were not disclosed. 

    As a well-positioned high-growth MGA with an established panel of rated capacity partners, this deal brings Landmark’s specialized and dynamic team to the Bishop Street platform, in support of building a truly integrated global underwriting business. Landmark’s leadership team will remain intact with Sitki Gelmen as Group CEO, David Ratledge as Group MD and Deepti Janak as Group CFO, facilitating a seamless transition and incorporating the teams’ vision into the future growth of the platform across the UK, Europe and Asia Pacific.

    Landmark has served clients in the specialty (re)insurance market since 2017, offering a range of bespoke insurance solutions across various classes including Professional Indemnity, Property, Directors and Officers and General Liability. With the acquisition now complete, Landmark will build upon it’s established market presence and recent expansions into Marine and Political Risk products, with expansion planned across new classes and geographies.

    “We’re thrilled to officially welcome Landmark Underwriting to the Bishop Street family,” said Chad Levine, CEO of Bishop Street. “We look forward to leveraging the team’s experience and strong industry relationships to enable the next chapter of international development for our platform. Landmark’s ability to adapt to client needs and attract the best underwriting talent will continue to fuel its growth, positioning the company as a leading MGA of choice in the global market and a complementary fit for the Bishop Street portfolio.”

    Sitki Gelmen, Landmark Underwriting Group CEO and Co-Founder, said: “This is an exciting next phase for Landmark. We are focused on bringing specialty underwriting solutions to our partners, and through this partnership, we will amplify our ability to provide leading risk solutions to top broking houses worldwide. The combination of Bishop Street’s resources and our niche expertise will allow us to accelerate growth, expand our product offerings into complementary lines of business and deepen our presence in key markets.”

    Mike Zabik, Partner of RedBird Capital, added, “Bishop Street’s growth strategy is predicated on leveraging a multi-jurisdictional footprint. Landmark’s strong presence in London and its expanding global presence are key levers for future growth, both organically and through strategic acquisitions across key international markets.”

    This addition marks the latest strategic move for Bishop Street, following recent key investments and acquisitions including Ethos Specialty’s Transactional Liability unit, Verve Services, Conifer Insurance Services and Ahoy!, as well as partnerships with companies like Skyward Specialty Insurance and Topsail Re.

    About Bishop Street
    Bishop Street Underwriters, a RedBird Capital portfolio company, seeks to partner with Managing General Agents (“MGAs”) as well as niche underwriting teams. Bishop Street aims to combine their best-in-class (re)insurance executive team’s vision with RedBird’s strong track record, expertise and network in the financial services sector to build a differentiated platform that is uniquely positioned to capitalize on secular growth tailwinds in the industry. For more information, please go to www.bishopstreetuw.com.

    About Landmark Underwriting
    Landmark Underwriting is a specialist, UK based MGA providing (re)insurance solutions to complex risks globally. Since 2017, Landmark has maintained relationships with all of the significant Insurance Broker markets. From its centre of operations in London, Landmark currently provides risk solutions across Professional Indemnity, General Liability, Directors and Officers, Property and Marine. The company continues to expand its underwriting and operational bandwidth in key territories, driving rapid growth.

    About RedBird Capital Partners
    RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages $10 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals – Financial Services, Sports and Media & Entertainment. Over his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

    Media Contacts
    Bishop Street 
    Dan Gagnier
    Gagnier Communications
    redbird@gagnierfc.com
    646.569.5897

    The MIL Network

  • MIL-OSI USA: Welch Speaks on Kash Patel’s Willingness to Enable Trump’s Reckless Illegality Before Voting Against His Nomination: “He’s on a mission to wreck the FBI”

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. –Today, U.S. Senator Peter Welch (D-Vt.) spoke on the Senate Floor before voting against Kash Patel, President Trump’s pick to serve as the next Director of the Federal Bureau of Investigation (FBI). Senator Welch expressed his opposition to Mr. Patel and raised concerns about Mr. Patel’s involvement and actions enabling President Trump’s firing spree of career FBI agents and officials, his unwillingness to stand up against President Trump’s demands, and his perpetuation of Trump’s Big Lie about the 2020 election.  
    “Mr. Patel is not the person to lead the FBI. And my hope is that all of us should consider what Mr. Patel will do. He’s going to use the power of the FBI to go after all those in government, those in the media, and those across the country he doesn’t agree with. He cannot serve as the next director of the FBI,” said Senator Welch. 
    Watch the Senator’s full remarks below: 
    Read key excerpts from Senator Welch’s remarks here: 
    “I believe that this country and Congress is in the midst of a slow-moving but rapidly accelerating constitutional crisis. This is real, and we can ignore it or see it. It began most visibly, of course, on January 6, 2021, when two norms of this republic—the peaceful transfer of power and the renunciation of violence to affect the outcome of a vote count and certification— were breached. And where many members of the House and Senate also voted against certifying the election of the person chosen by the people in their own states. The president continues to say that the election was stolen, and he has coached his nominees to embrace the Big Lie.  
    “The first month of the Trump Administration has shown a contempt for the Constitution; an acceptance of lawlessness that is dangerous to the future of our republic. President Trump’s election denialism was only an early sign of his disregard for the norms and requirements of the Constitution. Now, empowered in a second term by a Congress and a Judiciary which refused to assert their independence, Mr. Trump has enacted executive order after executive order to dismantle our institutions. He doesn’t have the authority to do what he’s doing.” 
    ■■■
    “It is my view that this administration is showing maximum contempt for core constitutional values, including, most importantly, the separation of powers. This is not about what the president’s agenda is. This is about his disregard about the limits that apply to each branch of government. And we have a dilemma. There are many in Congress that are fully in support of President Trump’s policies. That’s his right to pursue them, any member’s right to support them.  
    “But it has to be that we accept our unique responsibility—each of the 100 U.S. Senators—that we have to guarantee that in pursuit of those policies, it is done within constitutional boundaries. That is the glue that has held this country together through thick and thin for nearly 250 years. You know, this is not just talk about civic aspiration. It’s a recognition that the separation of powers, that the system of checks and balances—we’re custodians of that, each of us here—that the concept of the executive’s ambition should be matched with the ambition of the legislature. That’s what’s held us together through the turmoil of our own history.” 
    ■■■
    “I’m voting against Mr. Patel, primarily, but not exclusively, because he’s clearly an instrument in [Trump’s] effort to continue eroding the precepts of the Constitution on separation of powers. And I urge all my fellow Senators, Republican and Democrat, to embrace the responsibility we have to assert our responsibility and authority as a coequal branch…   
    “I’m regarding what President Trump has been doing in his first month in office as an illegal rampage—it’s a rampage of illegality. He’s showing a contempt for Congress and a contempt for the United States Judiciary. Mr. Patel has signed onto that agenda. He isn’t just someone who will be forced to participate in the president’s campaign of retribution, he’s an active participant. He’s got his ‘enemies list.’ We know this because his own words said what the FBI—’what was the FBI doing planning January 6 for a year?’ No basis for that, other than to set up the attack on the good men and women of the FBI.”   
    ■■■
    This morning, Senator Welch joined Senate Judiciary Democrats outside of the FBI Headquarters building in Washington, D.C. to call on their Republican colleagues to block the nomination of Mr. Patel on the Senate Floor. 
    Senator Welch has expressed reservations about Mr. Patel’s nomination in the Senate Judiciary Committee. During Mr. Patel’s confirmation hearing, Senator Welch grilled the nominee about his refusal to acknowledge that President Biden won the 2020 Presidential Election and stressed the importance of combatting any attempt to weaponize the Justice Department and the FBI under the Trump Administration. Last week, Senator Welch reacted to reports that Mr. Patel has been personally involved in the Trump Administration’s ongoing efforts to target and fire career FBI agents and officials. Under oath, Mr. Patel told Senator Welch he had no recollection of the purge at the FBI.  

    MIL OSI USA News

  • MIL-OSI USA: Virginia & North Carolina Senators Urge Swift Distribution of Public Lands Funding Following Hurricane Helene

    US Senate News:

    Source: United States Senator for Commonwealth of Virginia Mark R Warner

    WASHINGTON – U.S. Sens. Mark Warner and Tim Kaine (both D-VA) and Thom Tillis and Ted Budd (both R-NC) today wrote to U.S. Secretary of Agriculture Brooke Rollins and U.S. Secretary of the Interior Doug Burgum, urging them to expeditiously allocate funding appropriated by Congress for public lands in Virginia and North Carolina that were ravaged by Hurricane Helene.  

    Hurricane Helene devasted communities across North Carolina, Virginia, and large swaths of the Southeast in September 2024. Historic flooding and high winds resulted in over a hundred deaths, damaged and destroyed thousands of homes and businesses, and decimated critical regional infrastructure. Additionally, the storm caused unprecedented damage to public lands in western North Carolina and Southwest Virginia that are essential drivers of economic activity for many communities. The American Relief Act of 2025 contained robust funding to address natural disaster-related damage to public lands across the U.S., including $6.4 billion for the U.S. Forest Service and $2.3 billion for the National Park Service.

    Wrote the senators, “Public lands managed by USDA and DOI are crucial economic engines for communities throughout western North Carolina and Southwest Virginia. For example, the National Park Service’s (NPS) most visited unit, the Blue Ridge Parkway, which spans 469 miles across the Blue Ridge Mountains in North Carolina and Virginia, supports the economies of dozens of communities in our states. In 2023, 16.7 million visitors spent nearly $1.4 billion in communities surrounding the Parkway, which supported over 19,000 jobs. Helene decimated the Blue Ridge Parkway resulting in indefinite closures along large portions of the roadway and damage to many trails, historical sites, and recreational areas. The recovery effort for the Parkway will be one of the most significant and expensive infrastructure projects in the park’s history, and its success will be essential for the dozens of gateway communities that rely on the Parkway.”

    Added the lawmakers, “In addition to National Park Service managed property, many of our communities in Southwest Virginia and western North Carolina contain U.S. Forest Service lands that were decimated by Hurricane Helene. This includes the George Washington and Jefferson National Forests in Virginia, the Cherokee National Forest in Tennessee and North Carolina, and the Nantahala and Pisgah National Forests in western North Carolina. These lands attract millions of visitors each year who contribute millions more in visitor spending that sustains countless small businesses and gateway communities.”

    The senators also singled out the damage sustained by the Virginia Creeper Trail, writing, “Perhaps no Forest Service asset in the country suffered more damage from Hurricane Helene than the Virginia Creeper Trail, a 34-mile recreational trail that is co-managed by the Forest Service and the towns of Damascus and Abingdon in Southwest Virginia. The storm obliterated 18 miles of the Creeper Trail from Damascus to Whitetop, Virginia, destroying 18 trestles and washing away extended segments of the trail itself. The Creeper Trail is the most significant driver of economic activity in Damascus and one of the significant tourism destinations in the entire region. The trail attracts more then 200,000 visitors annually, supporting local bike shops, restaurants, and lodging. In all, the Creeper Trail contributes nearly $13 million annually in tourism spending to the region’s economy. A prolonged closure of the trail could have devasting consequences for Damascus and the entire region. It is critical that USDA and the Forest Service move quickly to allocate appropriated funding to rebuild the Creeper Trail to ensure Damascus and other localities that depend on the trail can fully recovery from Helene.”

    Concluded the senators, “As our states continue to rebuild from Hurricane Helene, it is critical that this supplemental funding is deployed to our public lands swiftly to ensure a timely rebuild of these assets that our communities depend on.”

    A full copy of the letter is available here.

    MIL OSI USA News

  • MIL-OSI USA: Schatz: Instead Of Addressing Rising Prices, Air Safety Issues, And New Disease Outbreaks, Trump And Republicans Want To Cut Taxes For Billionaires And Make You Pay For It

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – Today on the Senate floor, U.S. Senator Brian Schatz (D-Hawai‘i) underscored President Donald Trump and congressional Republicans’ efforts to cut taxes for billionaires, while making working families foot the bill as they struggle with soaring prices, persistent air safety concerns, and growing threats to public health.

    “The price of eggs has gone up by 15%, which is the single biggest monthly increase in ten years. Price of coffee is up 25% since the start of the year, and everything from gas to housing to car insurance is getting more expensive. But I don’t want people to worry because Republicans are on it. Donald Trump knows that the main thing people elected him to do is to lower prices. And rest assured, he is working day and night to fix it. Everybody knows that the best way to lower costs for individual Americans is to cut taxes for billionaires. Everybody knows that. If eggs are eight bucks where you’re living, obviously cut tax for billionaires. If coffee is increasingly expensive, cut taxes for billionaires. That is the very first thing that Republicans in the new Congress have decided to do is cut taxes for the richest people to ever exist,” said Senator Schatz.

    Schatz continued, “People are dying because of the flu and the bird flu. Let’s cut taxes for billionaires. Airplanes are falling out of the sky. Let’s cut taxes for billionaires. People are losing their homes and wildfires and losses in Los Angeles and floods in Kentucky. Let’s cut taxes for billionaires. Families can’t afford their health care or housing, no matter how hard they work. Let’s cut taxes for billionaires. Kids are falling behind in school with a third of a third of eighth graders lacking basic reading skills. Let’s cut taxes for billionaires. Trump is illegally cutting funding for pediatric cancer research and disease prevention. Let’s cut taxes for billionaires. Thousands of National Park Service workers fired. I know what we should do. Why don’t we shovel a bunch of money to a bunch of billionaires? Millions of people. Millions of people are on the verge of starvation, disease and death because Trump suddenly and illegally suspended one of our primary arms of foreign policy, USAID. What is their solution? Not to exert any pressure on the State Department or the OMB. Or the President himself. Let’s cut taxes for billionaires.”

    “Their solution to every problem, big or small, domestic or global, complex or simple, is to cut taxes for billionaires,” Schatz concluded.

    Video of his complete remarks is available here.

    The full text of Senator Schatz’s remarks, as delivered, is below.

    The price of just about everything is going up right now. Anyone that has been to the grocery store in the past few weeks now knows how hard it is to find a dozen eggs since the President was inaugurated.

    The price of eggs has gone up by 15%, which is the single biggest monthly increase in ten years. Price of coffee is up 25% since the start of the year, and everything from gas to housing to car insurance is getting more expensive. But I don’t want people to worry because Republicans are on it. Donald Trump knows that the main thing people elected him to do is to lower prices.

    And rest assured, he is working day and night to fix it. Everybody knows that the best way to lower costs for individual Americans is to cut taxes for billionaires. Everybody knows that. If eggs are eight bucks where you’re living, obviously cut tax for billionaires. If coffee is increasingly expensive, cut taxes for billionaires. That is the very first thing that Republicans in the new Congress have decided to do is cut taxes for the richest people to ever exist.

    And they’re going to do it by making regular people pay. Now, that might sound like a partisan accusation. And of course, on some level it is. But if you’re sitting at home listening to the chatter about one big, beautiful bill or two bills and you’re wondering what it all means, here’s what they are doing. They want to cut taxes for billionaires to the tune of about $4.5 trillion, $4.5 trillion.

    And because they already blew up the federal deficit in 2017, and because there are some House Republicans and maybe some Senate Republicans who won’t vote for a package that increases the deficit, they actually need to find some savings elsewhere. It is very hard to find $4.5 trillion worth of savings. So what are they doing? They’re having to cut programs and services that help people on a daily basis.

    Hundreds of billions of dollars from Social Security, Medicare, Medicaid, the Affordable Care Act, subsidies and food assistance. They’re slashing funding for cancer research and disaster recovery and schools and national parks and VA clinics. They are laying off thousands of employees at federal agencies, one third of whom are veterans. And to be clear, this is not for the holy grail of efficiency.

    Food is rotting at the dock. Medicine is rotting. The National Park Service is already backed up. Normally takes one minute to get into a national park, and a lot of places are. It’s not even. It’s like cold outside, taking 90 minutes to get into national parks. That’s not efficiency. They’re laying off probationary people. But let’s be clear what probationary means.

    It does mean new hires. It also means anybody who’s getting a promotion, someone who has performed well. The United States government says, “You’re so good. We want you to do something even more important”. So then you get put into this probationary category, and then you get laid off. Why? Why? Because they need to find $4.5 trillion worth of savings.

    That’s what’s going on. As we speak, there are multiple outbreaks of diseases and illness within the United States. We’re in the middle of the worst flu season in a decade. 13,000 Americans dead. Norovirus cases have skyrocketed by 340% this winter, and there have been 68 cases of the bird flu nationwide. Not to mention that if you can find eggs at all, there’s sometimes 8 or $10 for a dozen.

    In Texas, 58 people, mostly children, have gotten measles. And that’s to say nothing of the Ebola and Marburg virus in eastern Africa. But don’t worry, Trump is on it. And by on it, I mean he’s laying off the very people who are responding to these crises. We learned yesterday that after DOJ’s fired officials at the Department of Agriculture who were working on containing the bird flu, they had to quickly backtrack to try to rehire them.

    Sometimes they don’t have these people’s email addresses. Sorry. Would you please come back? I don’t know how to find you. This is not efficiency. This is an arson job. So they can generate savings so they can shovel $4.5 trillion to the people on that stage at inauguration. That’s what this is. We are less than two months into the year, and we’ve already had four major deadly aviation disasters, including one right here in Washington over the Potomac and Trump is firing hundreds of FAA employees.

    People who have jobs like maintenance mechanic, information specialist, safety assistant. They actually asked a bunch of air traffic controllers to quit. We’re short air traffic controllers. We’ve been short air traffic controllers for 6 or 7 years. As a matter of fact, when I was the chairman of the relevant committee, we worked on a bipartisan basis to put a lot of a lot of money behind hiring more air traffic controllers.

    Now, you can be a conservative and think the government should be smaller, or you can be a liberal and think the government should be bigger. I assume nobody thinks we should lay off air traffic controllers.

    And if we’re going to do that, it be it should be because something else even more urgent than air traffic control is at stake. But let’s understand what’s at stake. What’s at stake is $4.5 trillion in tax cuts for the wealthiest people to ever walk this planet. We are less than a month away from the March 14th funding deadline to keep the government open, and we don’t even have topline numbers yet alone, let alone full committee bills.

    We are nowhere near a defense bill, but the only thing that Republicans are focused on right now immediately, urgently is cutting taxes for billionaires. People are dying because of the flu and the bird flu. Let’s cut taxes for billionaires. Airplanes are falling out of the sky. Let’s cut taxes for billionaires. People are losing their homes and wildfires and losses in Los Angeles and floods in Kentucky.

    Let’s cut taxes for billionaires. Families can’t afford their health care or housing, no matter how hard they work. Let’s cut taxes for billionaires. Kids are falling behind in school with a third of a third of eighth graders lacking basic reading skills. Let’s cut taxes for billionaires. Trump is illegally cutting funding for pediatric cancer research and disease prevention. Let’s cut taxes for billionaires.

    Thousands of National Park Service workers fired. I know what we should do. Why don’t we shovel a bunch of money to a bunch of billionaires? Millions of people. Millions of people are on the verge of starvation, disease and death because Trump suddenly and illegally suspended one of our primary arms of foreign policy, USAID. What is their solution? Not to exert any pressure on the State Department or the OMB.

    Or the President himself. Let’s cut taxes for billionaires. Anything and everything comes down to this. Why? Because it’s the main thing they think about. There are so many smart people on the other side of the aisle, so many people who have accomplished so much in their careers. And they are lighting it on fire for this man.

    The solution to every problem, big or small, domestic or global, complex or simple, is to cut taxes for billionaires. This is their project. This is their reason for being. Whatever else has motivated them to run for office in the first place? This is the first thing they’re doing. Instead of a bunch of other stuff.

    It doesn’t have to be like this. You can be a Republican.

    And give them their cabinet and their judges and justices. But my God, stand up for this place. Why would you run for office and then just remove your frontal lobe?

    And do whatever this man thinks. It doesn’t matter how much harm comes to your hospitals or your schools or your roads, or the one third of federal workers who are veterans. The solution always is to cut taxes for billionaires. I yield the floor.

    MIL OSI USA News

  • MIL-OSI USA: Hawai‘i Congressional Delegation Leads Resolution Celebrating Mahina ‘Ōlelo Hawai‘i

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – U.S. Senators Brian Schatz (D-Hawai‘i) and Mazie K. Hirono (D-Hawai‘i) and U.S. Representatives Ed Case (D-Hawai‘i) and Jill Tokuda (D-Hawai‘i) today introduced a resolution celebrating Mahina ‘Olelo Hawai‘i, also known as Hawaiian Language Month.

    “This February, we celebrate Mahina ‘Olelo Hawai‘i and the people, schools, and programs that work every day to preserve the Hawaiian language and culture,” said Senator Schatz, vice chairman of the Senate Committee on Indian Affairs. “The resurgence of the Hawaiian language not only serves as a model for Indigenous communities around the world, but also as an example of the strength and resilience of the Hawaiian community.”

    “Indigenous languages are an important part of our country’s history and fabric,” said Senator Hirono. “Yet various laws, practices, and prejudices led to many indigenous languages dying, or nearly dying out. Hawai‘i’s indigenous, Hawaiian language, or ‘Olelo Hawai‘i, was similarly nearly made extinct by misguided policies banning the language from being taught in schools or used in official governing documents. Through perseverance the Native Hawaiian community protected and revitalized the use of ‘Olelo Hawai‘i, but the language is still endangered and we must continue working to protect it. I am proud to join my colleagues in reintroducing this resolution to celebrate Mahina ‘Olelo Hawai‘i, and I will keep advocating for the preservation of Native Hawaiian language and culture. E ola ka ‘olelo Hawai‘i.”

    “Olelo Hawai‘i is not just the language of the Kanaka Maoli, but an inseparable part of the living, breathing soul of our Hawai‘i,” said Representative Case. “We know from our own two-and-a-half century post-contact experience that the languages and cultures of our indigenous peoples around the world can and do disappear, that the fates of our indigenous peoples and of all of us who inhabit their ancestral homes are tied to the survival and prosperity of this heritage, and that it takes conscious, ongoing effort to ensure that survival. Hawaiian Language Month is not only a commemoration of the success story of Olelo Hawai‘i, but a recommitment to the continued effort that will always be required.”

    “I am proud to join my colleagues from the Aloha State in introducing this resolution, which recognizes, promotes, and celebrates ‘Olelo Hawai‘i,” said Representative Tokuda. “The Hawaiian language was once banned to near extinction, but after years of revitalization efforts, is now heard all over Hawai‘i and reminds us daily about the culture in which we live. This resolution highlights the significance of ‘Olelo Hawai‘i to our state, and the need to fight for its continued respect so future generations can proudly learn and use their ancestral language.”

    Schatz, who serves as vice chairman of the Senate Committee on Indian Affairs, has authored several laws promoting Native languages, including the Native American Language Resource Center Act, which awarded a consortium led by the University of Hawai‘i at Hilo with $6.6 million to establish the first National Native American Language Resource Center. The federal funding is providing resources to foster collaboration and promote the use of Native American languages across the country.

    The resolution text is available here.

    MIL OSI USA News

  • MIL-OSI USA: Durbin: Kash Patel’s Record Shows He Is A Dangerous, Inexperienced, & Dishonest Trump Loyalist Who Is Not Qualified To Serve As Next FBI Director

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    February 20, 2025

    In a speech on the Senate floor shortly before the vote on his nomination, Durbin summarizes Kash Patel’s disqualifying behavior

    WASHINGTON – In a speech on the Senate floor, U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, delivered his closing argument against the nomination of Kash Patel to serve as the next Director of the Federal Bureau of Investigation (FBI).  In his remarks delivered shortly before the vote on Patel’s nomination, Durbin underscored Patel’s extremism, his blind loyalty to President Trump, his dangerous support of January 6 insurrectionists, and his history of peddling lies about the federal government.

    “If Senate Republicans confirm Mr. Patel, I believe they will come to regret this vote, probably sooner rather than later.  I, for one, am convinced that Mr. Patel has neither the experience, the judgment, nor the temperament to lead this… criminal investigative agency [FBI],” Durbin began.  “Let me be clear.  This is not a partisan issue.  During my time in the Senate, I have voted for four FBI Director nominations before this one.  Each one was a Republican, and I voted for them, nevertheless.”

    “I oppose Mr. Patel because he is dangerously, politically extreme.  He has repeatedly expressed his intention to use our nation’s most important law enforcement agency to retaliate against his political enemies,” Durbin said.

    Durbin then began to lay out his justification for opposing Patel’s nomination and warned his Republican colleagues about the potential consequences of allowing an unqualified extremist to lead the nation’s top law enforcement agency.  Durbin first pointed to the credible whistleblower allegations that detailed Patel’s direct involvement in the ongoing purge of senior law enforcement officials at the FBI. 

    “The Director is the only political appointment at the FBI. Congress took steps to ensure that this position remains as apolitical as possible by providing for a single term of 10 years for a director and subjecting the appointment to the advice and consent of the Senate… But as we have seen for weeks now, the Trump Administration’s purge of the FBI is a political exercise that has spread to career officials,” Durbin said.  “This purge has dramatically weakened the FBI’s ability to combat national security threats and has made Americans less safe.  Senior leaders with collectively hundreds of years of experience have been forced out, creating a leadership vacuum.”

    Thousands of FBI agents now fear for their jobs because they were assigned to work on cases related to the January 6 insurrection or President Trump’s long list of legal infractions.  Whistleblowers have come forward with evidence that Patel, as a private citizen, called for these agents to be fired—which Patel denied vehemently despite being under oath during his nomination hearing.  Further, these career agents now fear for their own and their families’ safety as January 6 insurrections continue to make credible, serious, and public threats against them.

    “I have heard directly from FBI agents who now fear for their safety and the safety of their families. To understand why, let me tell you about a January 6 rioter named Edward Kelley.  Mr. Kelley was convicted of assaulting law enforcement during the attack on the U.S. Capitol… and he was given a full and unconditional pardon by Donald Trump.  But Mr. Kelley has also been convicted in his home state of Tennessee of conspiracy to murder the FBI agents who investigated his role in the January 6 attack.  Now he is arguing that President Trump’s blanket pardon should cover his attempt to kill FBI agents,” Durbin said.

    “When asked about the possible firings of career FBI officials at his confirmation hearing, Mr. Patel, under oath, said, ‘I don’t know what’s going on right now’ at the FBI.  That’s not true.  Thanks to multiple brave whistleblowers, we now know that Mr. Patel likely committed perjury in making that statement,” Durbin said.  “Even before being confirmed as the FBI Director, Mr. Patel is already directing the ongoing purge of honorable career public servants despite his status as a private citizen.”

    Durbin offered several more examples of Patel’s consistent dishonesty, including the string of lies his told during his own confirmation hearing in the Senate Judiciary Committee.

    “At his hearing, Mr. Patel implausibly told me that he could not recall Stew Peters, a man who has been identified as an antisemitic Holocaust denier… This is simply not true, considering that Mr. Patel appeared on Mr. Peters’s podcast eight times.  Eight times, and he couldn’t recall the man’s name.  And, Mr. Peters has since revealed that he and Mr. Patel directly communicate via their personal cell phones ‘constantly,’” Durbin said.

    As Durbin noted in his remarks, Patel continually offered unequivocal support to insurrectionists, producing a recording of January 6 rioters singing in order to raise money.  Under oath at his nomination hearing, Patel testified that he was not involved in the project despite being quoted saying, “We got this idea to record the January 6 prisoners who recite the national anthem every night from the D.C. prison… Then we took that to studio… So we mastered and digitized that.”

    “Mr. Patel also claimed he ‘didn’t have anything to do with’ the recording of the so-called January 6 Prison Choir, which includes at least six rioters who violently assaulted police officers,” Durbin said.  “Mr. Patel has called these violent January 6 rioters ‘political prisoners.’  That includes Guy Reffitt, who was sentenced to 87 months in prison for his role in the January 6 assault.”

    “Mr. Reffitt brought a gun to the Capitol on January 6…  Mr. Reffitt’s 19-year-old son, Jackson, turned him in to law enforcement after the attack, despite Reffitt’s threats to shoot Jackson and his sister,” Durbin said.  “Mr. Reffitt received a full and unconditional pardon from President Trump.  Guess where he was on January 30 of this year?  Back at the Capitol complex, at Mr. Patel’s confirmation hearing.”

    Durbin then pointed to those who have warned against the nomination of Patel to serve as FBI director, including many of President Trump’s former appointees.

    “Consider who is warning us about Mr. Patel: former Trump officials who know him, like Attorney General Barr, CIA Director Haspel, Defense Secretary Mark Esper, and National Security Advisor John Bolton… All Republican appointees. Mr. Patel has left a long trail of grievances, lashing out at anyone who is not completely aligned with him. He calls Democrats ‘vindictive, evil, [and] vicious,’ and repeatedly attacks Republican Senators who don’t toe the MAGA line,” Durbin said. 

    “I have read Mr. Patel’s book, Government Gangsters.  It includes an enemies list of 60 names, ‘members of the deep state’ in the words of Kash Patel, which includes distinguished public servants from both political parties.  What do they all have in common?  From Attorneys General Bill Barr and Merrick Garland to former FBI Directors Bob Mueller and Chris Wray, they all have had the misfortune of crossing paths with the vindictive Patel,” Durbin said.

    Durbin underscored his final point, reiterating that Patel aims to dismantle the FBI from the inside out. 

    “Mr. Patel claims he respects law enforcement, but his words and actions demonstrate his disdain for the FBI.  He has said that on day one, he plans to ‘shut down’ the FBI headquarters.  And he has falsely claimed that the FBI ‘was planning January 6 for a year,’ beforehand.  There is no truth to that statement,” Durbin said.

    Durbin concluded by emphasizing that Patel will serve as a dangerous, influenceable lackey for President Trump and tarnish the reputation of an independent FBI.

    “Mr. Patel’s record demonstrates that he is dangerous, inexperienced, and dishonest.   He should not and cannot serve as an effective FBI Director.  Mr. Patel has been crystal clear that he plans on using the FBI’s vast surveillance and investigative authority to ‘come after’ the President’s enemies,” Durbin said.

    “It is shocking that my Republican colleagues are willing to support Mr. Patel, despite the serious threat he poses to our national security.  I’m sorry to say that I believe they will quickly come to regret this vote,” Durbin concluded.

    To view Durbin’s questions to Patel in his confirmation hearing click here and here.

    Video of Durbin’s remarks on the floor is available here.

    Audio of Durbin’s remarks on the floor is available here.

    Footage of Durbin’s remarks on the floor is available here for TV Stations.

    -30-

    MIL OSI USA News

  • MIL-OSI USA: 55 Years Ago: Preps for Apollo 13 and 14, Apollo 12 Crew on World Tour

    Source: NASA

    With two months to go before flight, the Apollo 13 prime crew of James Lovell, Thomas Mattingly, Fred Haise, and backups John Young, John Swigert, and Charles Duke continued to train for the 10-day mission planned to land in the Fra Mauro highlands region of the Moon. Engineers continued to prepare the Saturn V rocket and spacecraft at the launch pad for the April 11, 1970, liftoff and completed the Flight Readiness Test of the vehicle. All six astronauts spent many hours in flight simulators training while the Moon walkers practiced landing the Lunar Module and rehearsed their planned Moon walks. The crew for the next Moon landing mission, Apollo 14, participated in a geology field trip as part of their training for the flight then planned for October 1970. Meanwhile, NASA released Apollo 12 lunar samples to scientists and the Apollo 12 crew set off on a Presidential world goodwill tour.  
    At NASA’s Kennedy Space Center in Florida, engineers completed the Flight Readiness Test of the Apollo 13 Saturn V on Feb. 26. The test ensured that all systems are flight ready and compatible with ground support equipment, and the astronauts simulated portions of the countdown and powered flight. Successful completion of the readiness test cleared the way for a countdown dress rehearsal at the end of March. 

    One of the greatest challenges astronauts faced during a lunar mission entailed completing a safe landing on the lunar surface. In addition to time spent in simulators, Apollo mission commanders and their backups trained for the final few hundred feet of the descent using the Lunar Landing Training Vehicle at Ellington Air Force Base near the Manned Spacecraft Center, now NASA’s Johnson Space Center, in Houston. Bell Aerosystems of Buffalo, New York, built the trainer for NASA to simulate the flying characteristics of the Lunar Module. Lovell and Young completed several flights in February 1970. Due to scheduling constraints with the trainer, lunar module pilots trained for their role in the landing using the Lunar Landing Research Facility at NASA’s Langley Research Center in Hampton, Virginia. Haise and Duke completed training sessions at the Langley facility in February. 

    The astronauts trained for moonwalks with parabolic flights aboard NASA’s KC-135 aircraft that simulated the low lunar gravity, practicing their ladder descent to the surface. On the ground, they rehearsed the moonwalks, setting up the American flag and the large S-band communications antenna, and collecting lunar samples. Engineers improved their spacesuits to make the expected longer spacewalks more comfortable for the crew members by installing eight-ounce bags of water inside the helmets for hydration. 

    During their 35 hours on the Moon’s surface, Lovell and Haise planned to conduct two four-hour spacewalks to set up the Apollo Lunar Surface Experiment Package (ALSEP), a suite of four investigations designed to collect data about the lunar environment after the astronauts’ departure, and to conduct geologic explorations of the landing site. The four experiments included the: 

    Charged Particle Lunar Environment Experiment designed to measure the flexes of charged particles 

    Cold Cathode Gauge Experiment designed to measure the pressure of the lunar atmosphere 

    Heat Flow Experiment designed to make thermal measurements of the lunar subsurface 

    Passive Seismic Experiment designed to measure any moonquakes, either naturally occurring or caused by artificial means 

     As an additional investigation, the astronauts planned to deploy and retrieve the Solar Wind Composition experiment, a sheet of aluminum foil to collect particles from the solar wind for analysis by scientists back on Earth after about 20 hours of exposure on the lunar surface. 

    With one lunar mission just two months away, NASA continued preparations for the following flight, Apollo 14, then scheduled for October 1970 with a landing targeted for the Littrow region of the Moon, an area scientists believed to be of volcanic origin. Apollo 14 astronauts Alan Shepard, Stuart Roosa, and Edgar Mitchell and their backups Eugene Cernan, Ronald Evans, and Joe Engle  learned spacecraft systems in the simulators. Accompanied by a team of geologists led by Richard Jahns, Shepard, Mitchell, Cernan, and Engle participated in a geology expedition to the Pinacate Mountain Range in northern Mexico Feb. 14-18, 1970. The astronauts practiced using the Modular Equipment Transporter, a two-wheeled conveyance to transport tools and samples on the lunar surface. 

    On Feb. 13, 1970, NASA began releasing Apollo 12 lunar samples to 139 U.S. and 54 international scientists in 16 countries, a total of 28.6 pounds of material. On Feb. 16, Apollo 12 astronauts Charles Conrad, Richard Gordon, and Alan Bean, accompanied by their wives and NASA and State Department officials, departed Houston’s Ellington Air Force Base for their 38-day Bullseye Presidential Goodwill World Tour. They first traveled to Latin America, making stops in Venezuela, Peru, Chile, and Panama before continuing on to Europe, Africa, and Asia. 
    The groundbreaking science and discoveries made during Apollo missions has pushed NASA to explore the Moon more than ever before through the Artemis program. Apollo astronauts set up mirror arrays, or “retroreflectors,” on the Moon to accurately reflect laser light beamed at them from Earth with minimal scattering or diffusion. Retroreflectors are mirrors that reflect the incoming light back in the same incoming direction. Calculating the time required for the beams to bounce back allowed scientists to precisely measure the Moon’s shape and distance from Earth, both of which are directly affected by Earth’s gravitational pull. More than 50 years later, on the cusp of NASA’s crewed Artemis missions to the Moon, lunar research still leverages data from those Apollo-era retroreflectors. 

    MIL OSI USA News

  • MIL-OSI USA: A Snapshot of Trump’s First Month: Making America Safe Again

    Source: US Federal Emergency Management Agency

    Headline: A Snapshot of Trump’s First Month: Making America Safe Again

    em>“President Trump said from the start: criminal illegals have no place in our homeland. He is keeping his promise.” – Secretary of Homeland Security Kristi Noem
    WASHINGTON – In a single month, President Trump and Secretary Noem have made massive strides to address the crisis at the southern border and remove violent criminal aliens from American communities. This is just the beginning of the golden age of America. PROMISES MADE, PROMISES KEPT:   

    On day one, President Trump declared a national emergency at the southern border and restarted construction of the border wall.   
    President Trump instantly reinstated “Remain in Mexico” and ended catch and release.   
    The Trump administration has empowered our brave men and women in ICE, Border Patrol, and Coast Guard to use common sense to do their jobs effectively.   
    DHS has repealed Biden Era rules that allowed criminal aliens to hide from law enforcement in places like schools and churches to avoid arrest.    
    DHS returned to using the term “illegal alien” to use statutory language and stop political correctness from hindering law enforcement.   
    ICE arrests of criminal aliens have doubled and arrests of fugitives at large has tripled.   
    Daily border encounters have plunged 93% since President Trump took office.  
    To fulfill President Trump’s promise to carry out mass deportations, the administration is detaining illegal aliens, including violent criminals, at Guantanamo Bay.    
    President Trump designated international cartels and other criminal gangs, such as MS-13 and Tren de Aragua, as Foreign Terrorist Organizations.    
    President Trump signed the Laken Riley Act which mandates the federal detention of illegal immigrants who are accused of theft, burglary, assaulting a law enforcement officer, and any crime that causes death or serious bodily injury.    
    President Trump stopped the broad abuse of humanitarian parole and returned the program to a case-by-case basis.  
    Secretary Noem ended the previous administration’s extension of Venezuelan Temporary Protected Status.   
    DHS froze all grants to non-profit organizations that facilitate illegal immigration.   
    DHS deputized  the Texas National Guard, Drug Enforcement Administration, Bureau of Prisons, U.S. Marshals, the Bureau of Alcohol, Tobacco, Firearms and Explosives, members of the State Department and the IRS to help with immigration operations.   
    Secretary Noem clawed back $80 million that FEMA deep state activists unilaterally gave to put illegal aliens up in luxury New York City hotels. 

    Bottom Line: Since President Trump was inaugurated, he’s made it clear there is a new sheriff in town. The President and Secretary Noem will continue fighting every day to secure our borders and keep American communities safe.  

    MIL OSI USA News

  • MIL-OSI USA: Summary of the Joint NASA LCLUC–SARI Synthesis Meeting

    Source: NASA

    Introduction
    The NASA Land-Cover and Land-Use Change (LCLUC) is an interdisciplinary scientific program within NASA’s Earth Science program that aims to develop the capability for periodic global inventories of land use and land cover from space. The program’s goal is to develop the mapping, monitoring and modeling capabilities necessary to simulate the processes taking place and evaluate the consequences of observed and predicted changes. The South/Southeast Asia Research Initiative (SARI) has a similar goal for South/Southeast Asia, as it seeks to develop innovative regional research, education, and capacity building programs involving state-of-the-art remote sensing, natural sciences, engineering, and social sciences to enrich land use/cover change (LUCC) science in South/Southeast Asia. Thus it makes sense for these two entities to periodically meet jointly to discuss their endeavors.
    The latest of these joint meetings took place January 1–February 2, 2024, in Hanoi, Vietnam. A total of 85 participants attended the three-day, in-person meeting—see Photo.  A total of 85 participants attended the three-day, in-person meeting. The attendees represented multiple international institutions, including NASA (Headquarters and Centers), the University of Maryland, College Park (UMD), other American academic institutions, the Vietnam National Space Center (VNSC, the event host), the Vietnam National University’s University of Engineering and Technology, and Ho Chi Minh University of Technology, the Japanese National Institute of Environmental Studies (NIES), Center for Environmental Sciences, and the University of Tokyo. In addition, several international programs participated, including GEO Global Agricultural Monitoring (GEOGLAM), the System for Analysis, Research and Training (START), Global Observation of Forest and Land-use Dynamics (GOFC–GOLD), and NASA Harvest.

    Meeting Overview
    The purpose of the 2024 NASA LCLUC–SARI Synthesis meeting was to discuss LUCC issues – with a particular focus on their impact on Southeast Asian countries. Presenters highlighted ongoing projects aimed to advance our understanding of the spatial extent, intensity, social consequences, and impacts on the environment in South/Southeast Asian countries. While presenters reported on specific science results, they also were intentional to review and synthesize work from other related projects going on in Southeast Asia. 
    Meeting Goal
    The meeting’s overarching goal was to create a comprehensive and holistic understanding of various LUCC issues by examining them from multiple angles, including: collating information; employing interdisciplinary approaches; integrating research; identifying key insights; and enhancing regional collaborations. The meeting sought to bring the investigators together to bridge gaps, promote collaborations, and advance knowledge regarding LUCC issues in the region. The meeting format also provided ample time between sessions for networking to promote coordination and collaboration among scientists and teams. 
    Meeting and Summary Format
    The meeting consisted of seven sessions that focused on various LUCC issues. The summary report that follows is organized by day and then by session. All presentations in Session I and II are summarized (i.e., with all speakers, affiliations, and appropriate titles identified). The keynote presentation(s) from Sessions III–VI are summarized similarly. The technical presentations in each of these sessions are presented as narrative summaries. Session VII consisted of topical discussions to close out the meeting and summaries of these discussions are included herein. Sessions III–VI also included panel discussions, but to keep the article length more manageable, summaries of these discussions have been omitted. Readers interested in learning more about the panel discussions or viewing any of these presentations in full can access the information on the Joint LCLUC–SARI Synthesis meeting website.
    DAY ONE
    The first day of the meeting included welcoming remarks from the U.S. Ambassador to Vietnam (Session I), program executives of LCLUC and SARI,  as well as from national space agencies in South and Southeast Asia (Session II), and other LCLUC-thematic/overview presentations (Session III).
    Session 1: Welcoming Remarks
    Garik Gutman [NASA Headquarters—LCLUC Program Manager], Vu Tuan [VNSC’s Vietnam Academy of Science and Technology (VAST)—Vice Director General], Chris Justice [University of Maryland, College Park (UMD)—LCLUC Program Scientist], Matsunaga Tsuneo [National Institute of Environmental Studies (NIES), Japan], and Krishna Vadrevu [NASA’s Marshall Space Flight Center—SARI Lead] delivered opening remarks that highlighted collaborations across air pollution, agriculture, forestry, urban development, and other LUCC research areas. While each of the speakers covered different topics, they emphasized common themes, including advancing new science algorithms, co-developing products, and fostering applications through capacity building and training.
    After the opening remarks, special guest Marc Knapper [U.S. Ambassador to Vietnam] gave a presentation in which he emphasized the value of collaborative research between U.S. and Vietnamese scientists to address environmental challenges – especially climate change and LUCC issues. He expressed appreciation to the meeting organizers for promoting these collaborations and highlighted the joint initiatives between NASA and the U.S. Agency for International Development (USAID) to monitor environmental health and climate change, develop policies to reduce emissions, and support adaptation in agriculture. The U.S.–Vietnam Comprehensive Strategic Partnership emphasizes the commitment to address climate challenges and advance bilateral research. He concluded by encouraging active participation from all attendees and stressed the need for ongoing international collaboration to develop effective LUCC policies.
    Session-II: Programmatic and Space Agency Presentations
    NOTE: Other than Ambassador Knapper, the presenters in Session I gave welcoming remarks and programmatic and/or space agency presentations in Session II,.
    Garik Gutman began the second session by presenting an overview of the LCLUC program, which aims to enhance understanding of LUCC dynamics and environmental implications by integrating diverse data sources (i.e., satellite remote sensing) with socioeconomic and ecological datasets for a comprehensive view of land-use change drivers and consequences. Over the past 25 years, LCLUC has funded over 325 projects involving more than 800 researchers, resulting in over 1500 publications. The program’s focus balances project distribution that spans detection and monitoring, and impacts and consequences, including drivers, modeling, and synthesis. Gutman highlighted examples of population growth and urban expansion in Southeast Asia, resulting in environmental and socio-economic impacts. Urbanization accelerates deforestation, shifts farming practices to higher-value crops, and contributes to the loss of wetlands. This transformation alters the carbon cycle, degrades air quality, and increases flooding risks due to reduced rainwater absorption. Multi-source remote sensing data and social dimensions are essential in addressing LUCC issues, and the program aims to foster international collaborations and capacity building in land-change science through partnerships and training initiatives. (To learn more about the recent activities of the LCLUC Science Team, see Summary of the 2024 Land Cover Land Use Change Science Team Meeting.)
    Krishna Vadrevu explained how SARI connects regional and national projects with researchers from the U.S. and local institutions to advance LUCC mapping, monitoring, and impact assessments through shared methodologies and data. The initiative has spurred extensive activities, including meetings, training sessions, publications, collaborations, and fieldwork. To date, the LCLUC program has funded 35 SARI projects and helped build collaborations with space agencies, universities, and decision-makers worldwide. SARI Principal Investigators have documented notable land-cover and land-use transformations, observing shifts in land conversion practices across Asia. For example, the transition from traditional slash-and-burn practices for subsistence agriculture to industrial oil palm and rubber plantations in Southeast Asia. Rapid urbanization has also reshaped several South and Southeast Asian regions, expanding both horizontally in rural areas and vertically in urban centers. The current SARI solicitation funds three projects across Asia, integrating the latest remote sensing data and methods to map, monitor, and assess LUCC drivers and impacts to support policy-making.
    Vu Tuan provided a comprehensive overview of Vietnam’s advances in satellite technology and Earth observation capabilities, particularly through the LOTUSat-1 satellite (name derived from the “Lotus” flower), which is equipped with an advanced X-band Synthetic Aperture Radar (SAR) sensor capable of providing high-resolution imagery [ranging from 1–16 m (3–52 ft)]. This satellite is integral to Vietnam’s efforts to enhance disaster management and climate change mitigation, as well as to support a range of applications in topography, agriculture, forestry, and water management, as well as in oceanography and environmental monitoring. The VNSC’s efforts are part of a broader strategy to build national expertise and self-reliance in satellite technology, such as developing a range of small satellites (e.g., NanoDragon, PicoDragon, and MicroDragon) that progress in size and capability. Alongside satellite development, the VNSC has established key infrastructure, facilities, and capacity building in Hanoi, Nha Trang, and Ho Chi Minh City to support satellite assembly, integration, testing, and operation. Tuan showcased the application of remotely sensed LUCC data to map and monitor urban expansion in Ha Long city from 2000–2023 and the policies needed to manage these changes sustainably – see Figure 1.

    Tsuneo Matsunaga provided a detailed overview of Japan’s Greenhouse Gases Observing Satellite (GOSAT) series of satellites, data from which provide valuable insights into global greenhouse gas (GHG) trends and support international climate agreements, including the Paris Agreement.
    Matsunaga reviewed the first two satellites in the series: GOSAT and GOSAT-2, then previewed the next satellite in the series: GOSAT-GW, which is scheduled to launch in 2025. GOSAT-GW will fly the Total Anthropogenic and Natural Emissions Mapping Observatory–3 (TANSO-3) – an improved version of TANSO-2, which flies on GOSAT-2. TANSO-3 includes a Fourier Transform Spectrometer (FTS-3) that has improved spatial resolution [10.5 km (6.5 mi)] over TANSO-FTS-2 and precision that matches or exceeds that of its predecessor. TANSO-FTS-3 will allow estimates with precision better than 1 ppm for carbon dioxide (CO2) and 10 ppb for methane (CH4), as well as enabling nitrogen dioxide (NO2) measurements. GOSAT–GW will also fly the Advanced Microwave Scanning Radiometer (AMSR3) that will monitor water cycle components (e.g., precipitation, soil moisture) and ocean surface winds. AMSR3 builds on the heritage of three previous AMSR instruments that have flown on NASA and Japan Aerospace Exploration Agency (JAXA) missions.
    Matsunaga also highlighted the importance of ground-based validation networks, such as the Total Carbon Column Observing Network, COllaborative Carbon Column Observing Network, and the Pandora Global Network, to ensure satellite data accuracy.
    Son Nghiem [NASA/Jet Propulsion Laboratory (JPL)] addressed dynamic LUCC in Cambodia, Laos, Thailand, Vietnam, and Malaysia. The synthesis study examined the factors that evolve along the rural–urban continuum (RUC). Nghiem showcased this effort using Synthetic Aperture Radar (SAR) data from the Copernicus Sentinel-1 mission to map a typical RUC in Bac Lieu, Vietnam – see Figure 2.

    Nghiem described the study, which examined the role of rapid urbanization, agricultural conversion, climate change, and environment–human feedback processes in causing non-stationary and unpredictable impacts. This work illustrates how traditional trend analysis is insufficient for future planning. The study also examined whether slower or more gradual changes could inform policy development. To test these hypotheses, his research will integrate high-resolution radar and hyperspectral data with socioeconomic analyses. The study highlights the need for policies that are flexible and responsive to the unique challenges of different areas, particularly in “hot-spot” regions experiencing rapid changes.
    Peilei Fan [Tufts University] presented a study that synthesizes the complex patterns of LUCC, identifying both the spatial and temporal dynamics that characterize transitions in urban systems. The study explores key drivers, including economic development, population growth, urbanization, agricultural expansion, and policy shifts. She emphasized the importance of understanding these drivers for sustainable land management and urban planning. For example, the Yangon region of Myanmar has undergone rapid urbanization – see Figure 3. Her work reveals the need for integrated approaches that consider both urban and rural perspectives to manage land resources effectively and mitigate negative environmental and social impacts. Through a combination of case studies, statistical analysis, and policy review, Fan and her team aim to provide a nuanced understanding of the interactions between human activities and environmental changes occurring in the rapidly transforming landscapes of Southeast Asia.

    Session III: Land Cover/Land Use Change Studies
    Tanapat Tanaratkaittikul [Geo-Informatics and Space Technology Development Agency (GISTDA), Thailand] highlighted GISTDA activities, which play a crucial role in advancing Thailand’s technological capabilities and addressing both national and global challenges, including Thailand Earth Observation System (THEOS) and its successors: THEOS-2 and THEOS-2A. THEOS-1, which launched in 2008, provides 2-m (6-ft) panchromatic and 15-m (45-ft) multispectral resolution with a 26-day revisit cycle, which can be reduced to 3 days with off-nadir pointing. Launched in 2023, THEOS-2 includes two satellites – THEOS-2A [a very high-resolution satellite with 0.5-m (1.5-ft) panchromatic and 2-m (6-ft) multispectral imagery] and THEOS-2B [a high-resolution satellite with 4-m (12-ft) multispectral resolution] – with a five-day revisit cycle. GISTDA also develops geospatial applications for drought assessment, flood prediction, and carbon credit calculations to support government decision-making and climate initiatives. GISTDA partners with international collaborators on regional projects, such as the Lancang-Mekong Cooperation Special Fund Project.
    Eric Vermote [NASA’s Goddard Space Flight Center] presented a keynote that focused on atmospheric correction of land remote sensing data and related algorithm updates. He highlighted the necessity of correcting surface imaging for atmospheric effects, such as molecular scattering, aerosol scattering, and gaseous absorption, which can significantly distort the satellite spectral signals and lead to potential errors in applications, such as land cover mapping, vegetation monitoring, and climate change studies.
    Vermote explained that the surface reflectance algorithm uses precise vector radiative transfer modeling to improve accuracy by incorporating atmospheric parameter inversion. It also adjusts for various atmospheric conditions and aerosol types – enhancing corrections across regions and seasons. He explained that SkyCam – a network of ground-based cameras – provides real-time assessments of cloud cover that can be used to validate cloud masks, while the Cloud and Aerosol Measurement System (CAMSIS) offers additional ground validation by measuring atmospheric conditions. He said that together, SkyCam and CAMSIS improve satellite-derived cloud masks, supporting more accurate climate models and environmental monitoring. Vermote’s work highlights the ongoing advancement of atmospheric correction methods in remote sensing.
    Other presentations in this session included one in which the speaker described how Yangon, the capital city in Myanmar, is undergoing rapid urbanization and industrial growth. From 1990–2020, the urban area expanded by over 225% – largely at the expense of agricultural and green lands. Twenty-nine industrial zones cover about 10.92% of the city, which have attracted significant foreign direct investment, particularly in labor-intensive sectors. This growth has led to challenges with land confiscations, inadequate infrastructure, and environmental issues (e.g., air pollution). Additionally, rural migration for employment has resulted in informal settlements, emphasizing the need for comprehensive urban planning that balances economic development with social equity and sustainability.
    Another presentation highlighted varying LUCC trends across Vietnam. In the Northern and Central Coastal Uplands, for example, swidden systems are shifting toward permanent tree crops, such as rubber and coffee. Meanwhile, the Red River Delta is seeing urban densification and consolidation of farmland – transitioning from rice to mixed farming with increased fruit and flower production. Similarly, the Central Coastal Lowlands and Southeastern regions are experiencing urban growth and a shift from coastal agriculture – in this case, to shrimp farming – leading to mangrove loss. The Central Highlands is moving from swidden to tree crops, particularly fruit trees, while the Mekong River Delta is increasing rice cropping and aquaculture. These changes contribute to urbanization, altered farming practices, and biodiversity loss. Advanced algorithms (e.g., the Time-Feature Convolutional Neural Network model) are being used to effectively map these varied LUCC changes in Vietnam.
    Another presenter explained how 10-m (33-ft) resolution spatially gridded population datasets are essential to address LUCC in environmental and socio-demographic research. There was also a demonstration of PopGrid, which is a collaborative initiative that provides access to various global-gridded population databases, which are valuable for regional LUCC studies and can support informed decision-making and policy development.
    DAY TWO
    The second day’s presentations centered around urban LUCC (Session IV) as well as interconnections between agriculture and water resources. (Session V).
    Session IV: Urban Land Cover/Land Use Change
    Gay Perez [Philippines Remote Sensing Agency (PhilSA)] presented a keynote focused on PhilSA’s mission to advance Philippines as a space-capable country by developing indigenous satellite and launch technologies. He explained that PhilSA provides satellite data in various categories, including sovereign, commercial, open-access, and disaster-activated. He noted that the ground infrastructure – which includes three stations and a new facility in Quezon – supports efficient data processing. For example, Perez stated that in 2023, PhilSA produced over 10,000 maps for disaster relief, agricultural assessments, and conservation planning.
    Perez reviewed PhilSA’s Diwata-2 mission, which launched in 2018 and operates in a Sun-synchronous orbit around 620 km (385 mi) above Earth. With a 10-day revisit capability, it features a high-precision telescope [4.7 m (15ft) resolution], a multispectral imager with four bands, an enhanced resolution camera, and a wide-field camera. Since launch, Diwata-2 has captured over 100,000 global images, covering 95% of the Philippines. Looking to the near future, Perez reported that PhilSA’s launch of the Multispectral Unit for Land Assessment (MULA) satellite is planned for 2025. He explained that MULA will capture images with a 5-m (~16-ft) resolution and 10–20-day revisit time, featuring 10 spectral bands for vegetation, water, and urban analysis.
    Perez also described the Drought and Crop Assessment and Forecasting project, which addresses drought risks and mapping ground motion in areas, e.g., Baguio City and Pangasinan. Through partnerships in the Pan-Asia Partnership for Geospatial Air Pollution Information (PAPGAPI) and the Pandora Asia Network, PhilSA monitors air quality across key locations, tracking urban pollution and cross-border particulate transport. PhilSA continues to strengthen Southeast Asian partnerships to drive sustainable development in the region.
    Jiquan Chen [Michigan State University] presented the second keynote address, which focused on the Urban Rural Continuum (URC). Chen emphasized the importance of synthesizing studies that explore factors such as population dynamics, living standards, and economic development in the URC. Key considerations include differentiating between two- and three-dimensional infrastructures and understanding constraints from historical contexts. Chen highlighted critical variables from his analysis including net primary productivity, household income, and essential infrastructure elements, such as transportation and healthcare systems. He advocated for integrated models that combine mechanistic and empirical approaches to grasp the dynamics of URC changes, stressing their implications for urban planning, environmental sustainability, and social equity. He concluded with a call for collaboration to enhance these models and tackle challenges arising from the changing urban–rural landscape.
    Tep Makathy [Cambodian Institute For Urban Studies] discussed urbanization in Phnom Penh, Cambodia. He explained that significant LUCC and infrastructure developments have been fueled by direct foreign investment; however, this development has resulted in environmental degradation, urban flooding, and infrastructure strain. Tackling pollution, congestion, preservation of green spaces, and preserving the historical heritage of the city will require sustainable urban planning efforts.
    Nguyen Thi Thuy Hang [Vietnam Japan University, Vietnam National University, Hanoi] explained how flooding poses a significant annual threat to infrastructure and livelihoods in Can Tho, Vietnam. Therefore, it is essential to incorporate climate change considerations into land-use planning by enhancing the accuracy of vegetation layer classifications. Doing so will improve the representation of land-cover dynamics in models that decision-makers use when planning urban development. In addition, Hang reported that a more comprehensive survey of dyke systems will improve flood protection and identify areas needing reinforcement or redesign. These studies could also explore salinity intrusion in coastal agricultural areas that could impact crop yields and endanger food security.
    In this session, two presenters highlighted how SAR data, which uses high backscatter to enhance the radar signal, is being used to assist with mapping urban areas in their respective countries. The phase stability and orientation of building structures across SAR images aid in consistent monitoring and backscatter, producing distinct image textures specific to urban settings. Researchers can use this heterogeneity and texture to map urban footprints, enabling automated discrimination between urban and non-urban areas. The first presenters showed how Interferometric Synthetic Aperture Radar techniques, such as Small Baseline Subset (SBAS) and Persistent Scatterer (PS) have been highly effective for mapping and monitoring land subsidence in coastal and urban areas in Vietnam. This approach has been applied to areas along the Saigon River as well as in Ho Chi Minh, Vietnam. The second presenter described an approach (using SAR data with multitemporal coherence and the K-means classification method) that has been used effectively to study urban growth in the Denpasar Greater Area of Indonesia between 2016 and 2022. The technique identified the conversion of 4376 km2 (1690 mi2) of rural to built-up areas, averaging 72.9 hectares (0.3 mi2) per year. Urban sprawl was predominantly observed in the North Kuta District, where the shift from agricultural to built-up land use has been accompanied by severe traffic congestion and other environmental issues.
    Another presenter showed how data from the QuikSCAT instrument, which flew on the Quick Scatterometer satellite, and from the Sentinel-1 C-band SAR can be combined to measure and analyze urban built-up volume, specifically focusing on the vertical growth of buildings across various cities. By integrating these datasets, researchers can assess urban expansion, monitor the development of high-rise buildings, and evaluate the impact of urbanization on infrastructure and land use. This information is essential for urban planning, helping city planners and policymakers make informed decisions to accommodate growing populations and enhance sustainable urban development.
    Session V – LUCC, Agriculture, and Water Resources
    Chris Justice presented the keynote for this session, in which he addressed the GEOGLAM initiative and the NASA Harvest program. GEOGLAM, initiated by the G20 Agriculture Ministers in 2011, focuses on agriculture and food security to increase market transparency and improve food security. These efforts leverage satellite-based Earth observations to produce and disseminate timely, relevant, and actionable information about agricultural conditions at national, regional, and global scales to support agricultural markets and provide early warnings for proactive responses to emerging food emergencies. NASA Harvest uses satellite Earth observations to benefit global food security, sustainability, and agriculture for disaster response, climate risk assessments, and policy support. Justice also emphasized the use of open science and open data principles, promoting the integration of Earth observation data into national and international agricultural monitoring systems. He also discussed the development and application of essential agricultural variables, in situ data requirements, and the need for comprehensive and accurate satellite data products.
    During this session, another presentation focused on how VNSC is engaged in several agricultural projects, including mapping rice crops, estimating yields, and assessing environmental impacts. VNSC has created high-accuracy rice maps for different seasons that the Vietnamese government uses to monitor and manage agricultural production. Current initiatives involve using satellite data to estimate CH4 emissions from rice paddies, biomass mapping, and monitoring rice straw burning. For example, in the Mekong Delta, numerous environmental factors, including climate change-induced stress (e.g., sea-level rise), flooding, drought, land subsidence, and saltwater intrusion, along with human activities like dam construction, sand mining, and groundwater extraction, threaten the sustainability of rice farming and farmer livelihoods. To address these challenges, sustainable agricultural practices are essential to improving rice quality, diversify farming systems, adopt low-carbon techniques, and enhance water management.
    Presentations highlighted the importance of both optical and SAR data for LUCC studies, particularly in mapping agricultural areas. A study using Landsat time-series data demonstrated its value in monitoring agricultural LUCC in Houa Phan Province, Laos, and Son La Province, Vietnam. Land cover types were classified through spectral pattern analysis, identifying distinct classes based on Landsat reflectance values. The findings revealed significant natural forest loss alongside increases in cropland and forest plantations due to agricultural expansion. High-resolution imagery validated these results, indicating the scalability of this approach for broader regional and global land-cover monitoring. Another study showcased the effectiveness of SAR data from the Phased Array type L-band Synthetic Aperture Radar-2 (PALSAR-2) on the Japanese Advanced Land Observing Satellite-2 (ALOS-2) for mapping and monitoring agricultural land use in Suphanburi, Thailand. This data proved particularly useful for capturing seasonal variations and diverse agricultural practices. Supervised machine learning methods, such as Random Forest classifiers, combined with innovative spatial averaging techniques, achieved high accuracy in distinguishing various agricultural conditions.
    In the session, presenters also discussed the use of Sentinel-1 SAR data for mapping submerged and non-submerged paddy soils was highlighted, demonstrating its effectiveness in understanding water management issues see – Figure 4. Additionally, large-scale remote sensing data and cloud computing were shown to provide unprecedented opportunities for tracking agricultural land-use changes in greater detail. Case studies from India and China illustrated key challenges, such as groundwater depletion in irrigated agriculture across the Indo-Ganges region and the impacts on food, water, and air quality in both countries.

    The session also focused on Water–Energy–Food (WEF) issues related to the Mekong River Basin’s extensive network of hydroelectric dams, which present both benefits and challenges. While these dams support sectors such as irrigated agriculture and hydropower, they also disrupt vital ecosystem services, including fish habitats and biodiversity. Collaborative studies integrating satellite and ground data, hydrological models, and socio-economic frameworks highlight the need to balance these benefits with ecological and social costs. Achieving sustainable management requires cross-sectoral and cross-border cooperation, as well as the incorporation of traditional knowledge to address WEF trade-offs and governance challenges in the region.
    DAY THREE
    The third day included a session that explored the impacts of fire, GHG emissions, and pollution (Session VI) as well as a summary discussion on synthesis (Session VII).
    Session VI: Fires, Greenhouse Gas Emissions, and Pollution
    Chris Elvidge [Colorado School of Mines] presented a keynote on the capabilities and applications of the Visible Infrared Imaging Radiometer Suite (VIIRS) Nightfire [VNF] system, an advanced satellite-based tool developed by the Earth Observation Group. VIIRS Nightfire uses four near- and short-wave infrared channels, initially designed for daytime imaging, to detect and monitor infrared emissions at night. The system identifies various combustion sources, including both flaming and non-flaming activities (e.g., biomass burning, gas flaring, and industrial processes). It calculates the temperature, source area, and radiant heat of detected infrared emitters using physical laws to enable precise monitoring of combustion events and provide insight into exothermic and endothermic processes.
    Elvidge explained that VNF has been vital for near-real-time data in Southeast Asia. The system has been used to issue daily alerts for Vietnam, Thailand, and Indonesia. Recent updates in Version 4 (V4) include atmospheric corrections and testing for secondary emitters with algorithmic improvements – with a 50% success rate in identifying additional heat sources. The Earth Observation Group maintains a multiyear catalog of over 20,000 industrial infrared emitters available through the Global Infrared Emitter Explorer (GIREE) web-map service. With VIIRS sensors expected to operate until about 2040 on the Joint Polar Satellite System (JPSS) platforms, this system ensures long-term, robust monitoring and analysis of global combustion events, proving essential for tracking the environmental impacts of industrial activities and natural combustion processes on the atmosphere and ecosystems.
    Toshimasa Ohara [Center for Environmental Science, Japan—Research Director] continued with the second keynote and provided an in-depth analysis of long-term trends in anthropogenic emissions across Asia. The regional mission inventory in Asia encompasses a range of pollutants and offers detailed emissions data from 1950–2020 at high spatial and temporal resolutions. The study employs both bottom-up and top-down approaches for estimating emissions, integrating satellite observations to validate data and address uncertainties. Notably, emissions from China, India, and Japan have shown signs of stabilization or reduction, attributed to stricter emission control policies and technological advancements. Ohara also highlighted Japan’s effective air pollution measures and the importance of extensive observational data in corroborating emission trends. His presentation emphasized the need for improved methodologies in emission inventory development and validation across Asia, aiming to enhance policymaking and environmental management in rapidly industrializing regions.
    Several presenters during this session focused on innovative approaches to understand and mitigate GHG emissions and air pollution. One presenter showed how NO2 data from the TROPOspheric Monitoring Instrument (TROPOMI) on the European Sentinel-5 Precursor have been validated against ground-based observations from Pandora stations in Japan, highlighting the influence of atmospheric conditions on measurement accuracy. Another presenter described an innovative system that GISTDA used to combine satellite remote sensing data with Artificial Intelligence (AI). This system was used to monitor and analyze the concentration of fine particulate matter (PM) in the atmosphere in Thailand. (In this context fine is defined as particles with diameters ≤ 2.5 µm, or PM2.5.) These applications, which are accessible through online, cloud-based platforms and mobile applications for iOS and Android devices, allow users, including citizens, government officers, and policymakers, to access PM2.5 data in real-time through web and mobile interfaces.
    A project under the United Nations Economic and Social Commission for Asia and the Pacific in Thailand is focused on improving air quality monitoring across the Asia–Pacific region by integrating satellite and ground-based data. At the core of this effort, the Pandora Asia Network, which includes 30 ground-based instruments measuring pollutants such as NO₂ and sulfur dioxide (SO₂), is complemented by high-resolution observations from the Geostationary Environment Monitoring Spectrometer (GEMS) aboard South Korea’s GEO-KOMPSAT-2B (GK-2B) satellite. The initiative also provides training sessions to strengthen regional expertise in remote sensing technologies for air quality management and develops decision support systems for evidence-based policymaking, particularly for monitoring pollution sources and transboundary effects like volcanic eruptions. Future plans include expanding the Pandora network and enhancing data integration to support local environmental management practices.
    PM2.5 levels in Vietnam are influenced by both local emissions and long-range pollutant transport, particularly in urban areas.The Vietnam University of Engineering and Technology, in conjunction with VNSC, continues to map and monitor PM2.5 using satellites and machine learning while addressing data quality issues that stem from missing satellite data and limited ground monitoring stations – see Figure 5.
    In addition to mapping and monitoring pollutants, another presentater explained that significant research is underway to address their health impacts. In Hanoi, exposure to pollutants ( e.g., PM2.5, PM10, and NO2) has led to increased rates of respiratory diseases (e.g., pneumonia, bronchitis, and asthma) among children,  as well as elevated instances of cardiovascular diseases among adults. A substantial mortality burden is attributable to fine particulate matter – particularly in densely populated areas like Hanoi. Compliance with stricter air quality guidelines could potentially prevent thousands of premature deaths. For example, preventive measures enacted during the COVID-19 pandemic resulted in reduced pollution levels that were associated with a decrease in avoidable mortality rates. In response to these challenges, Vietnam has implemented air quality management policies, including national technical regulations and action plans aimed at controlling emissions and enhancing monitoring; however, current national standards still fall short of the more stringent guidelines recommended by the World Health Organization. Improved air quality standards and effective policy interventions are needed to mitigate the health risks associated with air pollution in Vietnam.

    Another presenter explained how food production in Southeast Asia contributes about 40% of the region’s total GHG emissions – with rice and beef production identified as the largest contributors for plant-based and animal-based emissions, respectively. Another presentation focused on a study that examined GHG emissions from agricultural activities, which suggests that animal-based food production – particularly beef – generates substantially higher GHG emissions per kg of food produced compared to plant-based foods, such as wheat and rice. Beef has an emission intensity of about 69 kg of CO2 equivalent-per-kg, compared to 2 to 3 kg of CO2 equivalent-per-kg for plant-based foods. The study points to mitigation strategies (e.g., changing dietary patterns, improving agricultural practices) and adopting sustainable land management. Participants agreed that a comprehensive policy framework is needed to address the environmental impacts of food production and reduce GHG emissions in the agricultural sector.
    In another presentation, the speaker highlighted the fact that Southeast Asian countries need an advanced monitoring, reporting, and verification system to track GHG emissions – particularly within high-carbon reservoirs like rice paddies. To achieve this, cutting-edge technologies (e.g., satellite remote sensing, low-cost unmanned aerial vehicles, and Internet of Things devices) can be beneficial in creating sophisticated digital twin technology for sustainable rice production and GHG mitigation.
    Another presentation featured a discussion about pollution resulting from forest and peatland fires in Indonesia, which is significantly impacting air quality. Indonesia’s tropical peatlands – among the world’s largest and most diverse – face significant threats from frequent fires. Repeated burning has transformed forests into shrubs and secondary vegetation regions, with fires particularly affecting forest edges and contributing to a further retreat of intact forest areas. High-resolution data is essential to map and monitor changes in forest cover, including pollution impacts.
    Another speaker described a web-based Geographic Information Systems (GIS) application that has been developed to support carbon offsetting efforts in Laos – to address significant environmental challenges, e.g., deforestation and climate change. Advanced technologies (e.g., remote sensing, GIS, and Global Navigation Satellite Systems) are used to monitor land-use changes, carbon sequestration, and ecosystem health. By integrating various spatial datasets, the web GIS app enhances data collection precision, streamlines monitoring processes, and provides real-time information to stakeholders for informed decision-making. This initiative fosters collaboration among local communities, government agencies, and international partners, while emphasizing the importance of government support and international partnerships. Ultimately, the web GIS application represents a significant advancement in Laos’s commitment to environmental sustainability, economic growth, and the creation of a greener future.
    Session VII. Discussion Session on Synthesis
    The meeting concluded with a comprehensive discussion on synthesizing themes related to LUCC. The session focused on three themes: LUCC, agriculture, and air pollution. The session focused on trends and projections as well as the resulting impacts in the coming years. It also highlighted research related to these topics to inform more sustainable land use policies. A panel of experts from different Southeast Asian countries addressed these topics. A summary of the key points shared by the panelists for each theme during the discussion is provided below.
    LUCC Discussions
    This discussion focused on the challenges of balancing economic development with environmental sustainability in Southeast Asian countries, e.g., mining in Myanmar, agriculture in Vietnam, and rising land prices in Thailand. More LUCC research is needed to inform decision-making and improve land-use planning during transitions from agriculture to industrialization while ensuring food security. The panelists also discussed urban sprawl and infrastructure development along main roads in several Southeast Asian countries, highlighting the social and environmental challenges arising from uncoordinated growth. It was noted that urban infrastructure lags behind population increases, resulting in traffic congestion, pollution, and social inequality. Cambodia, for example, has increased foreign investments, which presents similar dilemmas of economic growth accompanied by significant environmental degradation. Indonesia is another example of a Southeast Asian nation facing rapid urbanization and inadequate spatial planning, leading to flooding, groundwater depletion, and pollution. These issues further highlight the need for integrated satellite monitoring to inform land-use policies. Finally, recognizing the importance of public infrastructure in growth management, it was reported that the Thai government is already using technology to manage urban development alongside green spaces.
    Panelists agreed that LUCC research is critical for guiding policymakers toward sustainable land-use practices – emphasizing the necessity for improved communication between researchers and policymakers. While the integration of technologies (e.g., GIS and remote sensing) is beginning to influence policy decisions, room for improvement remains. In summary, the discussions stressed the importance of better planning, technology integration, and policy-informed research to reconcile economic growth with sustainability. Participants also highlighted the need to engage policymakers, non-government organizations, and the private sector in using scientific evidence for sustainable development. Capacity building in Laos, Cambodia, and Myanmar, where GIS and remote sensing technologies are still developing, is crucial. Community involvement is essential for translating research findings into actionable policies to address real-world challenges and social equity.
    Agriculture Discussions
    These discussions explored the intricate relationships between agricultural practices, economic growth, and environmental sustainability in Southeast Asia. As an example, despite national policies to manage the land transition in Vietnam, rapid conversions from forest to agricultural land and further to residential and industrial continue. While it is recognized that strict land management plans may hinder future adaptability, further regulation is needed. These rapid shifts in land use have increased land for economic development – especially in industrial and residential sectors – and contribute to environmental degradation, e.g., pollution and soil erosion. In Thailand, land is distributed among agriculture (50%), forest (30%), and urban (20%) areas. Despite a long history of agricultural practices, Vietnam faces new challenges from climate change and extreme weather.
    Thailand, meanwhile, is exploring carbon credits to incentivize sustainable farming practices – although this requires significant investment and time. The nation is well-equipped with a robust water supply system, and ongoing efforts to enhance crop yields on Vietnam’s Mekong Delta, salinity levels, and flooding intensity have increased as a result of the rise in incidents of extreme weather, prompting advancements in rice farming mechanization to be implemented that are modeled after practices that have been successfully used in the Philippines.
    Despite these advances, issues (e.g., over-application of rice seeds) remain. The dominant land cover type in Malaysia is tropical rainforest, although agriculture – particularly oil palm plantations – also plays a significant role in land use. While stable, it shares environmental concerns with Indonesia. The country is integrating solar energy initiatives, placing solar panels on former agricultural lands and recreational areas, which raises coastal environmental concerns. In Taiwan, substantial land use changes have stemmed from solar panel installations to support green energy goals but have led to increased temperatures and altered wind patterns.
    All panelists agreed that remote sensing technologies are vital to inform agricultural policy across the region. They emphasized the need to transition from academic research to actionable insights that directly inform policy. Panelists also discussed the challenge of securing funding for actionable research – underlining the importance of recognizing the transition required for research to inform operational use. Some countries (e.g., Thailand) have established operational crop monitoring systems, while others (e.g., Vietnam) primarily depend on research projects. Despite progress in Malaysia’s monitoring of oil palm plantations, a comprehensive operational monitoring system is still lacking in many areas. The participants concluded that increased efforts are needed to promote the wider adoption of remote sensing technologies for agricultural and environmental monitoring, with emphasis on developing operational systems that can be integrated into policy and decision-making processes.
    Air Pollution Discussions
    The discussion on air pollution focused on various sources in Southeast Asia, which included both local and transboundary factors. Panelists highlighted that motor vehicles, industrial activities, and power plants are major contributors to pollutants, such as PM2.5, NO2, ozone (O3), and carbon monoxide (CO). Forest fires in Indonesia – particularly from South Sumatra and Riau provinces – are significantly impacting neighboring countries, e.g., Malaysia. A study found that most PM2.5 pollution in Kuala Lumpur originates from Indonesia. During the COVID-19 pandemic, pollution levels dropped sharply due to reduced economic activity; however, data from 2018–2023 shows that PM2.5 levels have returned to pre-pandemic conditions.
    The Indonesian government is actively working to reduce deforestation and emissions, aiming for a 29% reduction by 2030. Indonesia is also participating in carbon markets and receiving international payments for emission reductions. Indonesia’s emissions also stem from energy production, industrial activities, and land-use changes, including peat fires. The Indonesian government reports anthropogenic sources – particularly from the energy sector and industrial activities, forest and peat fires, waste, and agriculture – continue to escalate. While Indonesia is addressing these issues, growing population and energy demands continue to drive pollution levels higher.
    Vietnam and Laos are facing similar challenges related to air pollution – particularly from agricultural residue burning. Both governments are working on expanding air quality monitoring, regulating waste burning, and developing policies to mitigate pollution. Vietnam has been developing provincial air quality management plans and expanding its monitoring network. Laos has seen increased awareness of pollution, accompanied by government measures aimed at restricting burning and improving waste management practices.
    The panelists agreed that collaborative efforts for regional cooperation are essential to address air pollution. This will require collaboration in research and data sharing to inform policy decisions. There is a growing interest in leveraging satellite technology and modeling approaches to enhance air quality forecasting and management. To ensure that research translates into effective policy, communication of scientific findings to policymakers is essential – particularly by clearly communicating complex research concepts in accessible formats. All panelists agreed on the importance of improving governance, transparency, and scientific communication to better translate research into policy actions, highlighting collaborations with international organizations – including NASA – to address air quality issues. While significant challenges related to air pollution persist in Southeast Asia, noteworthy efforts are underway to improve awareness, research, and collaborative governance aimed at enhancing air quality and reducing emissions.
    Conclusion
    The LCLUC–SARI Synthesis meeting fostered collaboration among researchers and provided valuable updates on recent developments in LUCC research, exchange of ideas, integration of new data products, and discussions on emerging science directions. This structured dialogue (particularly the discussions in each session) helped the attendees identify priorities and needs within the LUCC community. All panelists and meeting participants commended the SARI leadership for their proactive role in facilitating collaborations and discussions that promote capacity-building activities across the region. SARI activities have significantly contributed to enhancing the collective ability of countries in South and Southeast Asia to address pressing environmental challenges. The meeting participants emphasized the importance of maintaining and expanding these collaborative efforts, which are crucial for fostering partnerships among governments, research institutions, and local communities. They urged SARI to continue organizing workshops, training sessions, and knowledge-sharing platforms that can equip stakeholders with the necessary skills and resources to tackle environmental issues such as air pollution, deforestation, climate change, and sustainable land management.
    Krishna VadrevuNASA’s Marshall Space Flight Centerkrishna.p.vadrevu@nasa.gov
    Vu TuanVietnam National Science Center, Vietnamvatuan@vnsc.org.vn
    Than NguyenVietnam National University Engineering and Technology, Vietnamthanhntn@vnu.edu.vn
    Son NghiemJet Propulsion Laboratoryson.v.nghiem@jpl.nasa.gov
    Tsuneo MatsunagaNational Institute of Environmental Studies, Japanmatsunag@nies.go.jp
    Garik GutmanNASA Headquartersggutman@nasa.gov
    Christopher JusticeUniversity of Maryland College Parkcjustice@umd.edu

    MIL OSI USA News

  • MIL-OSI: Federal Home Loan Bank of Indianapolis Announces Fourth Quarter 2024 Dividends, Reports Earnings

    Source: GlobeNewswire (MIL-OSI)

    INDIANAPOLIS, Feb. 20, 2025 (GLOBE NEWSWIRE) — Today the Board of Directors of the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) declared its fourth quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The higher dividend rate on activity-based stock reflects the Board’s discretion under the Bank’s capital plan to reward members that use FHLBank Indianapolis in support of their liquidity needs.

    The dividends will be paid in cash on February 21, 2025.

    “I am proud that FHLBank Indianapolis delivered strong financial results in 2024, a reflection of our steadfast commitment to serving our members’ liquidity needs while maintaining the Bank’s financial strength and stability,” President and CEO Cindy Konich said.

    She added: “In addition to another strong dividend for our members, these results allowed us to invest at record levels in the communities our members serve, including an additional voluntary contribution of 7.5% of 2023 net earnings – bringing the total support of housing and community initiatives in 2024 to 17.5%. Building on the success of 2024, we look forward to continuing this support in 2025 at 17.5% of 2024 net earnings.”

    Earnings Highlights

    Net income, for the fourth quarter of 2024, was $67 million, a net decrease of $37 million compared to the corresponding quarter in the prior year. The decrease was primarily due to a significant increase in voluntary contributions to affordable housing and community investment programs and unrealized losses on qualifying fair-value hedging relationships.

    Net income, for the year ended December 31, 2024, was $342 million, a net decrease of $35 million compared to the prior year. The decrease was primarily due to a significant increase in voluntary contributions to affordable housing and community investment programs and net realized gains on the extinguishment of consolidated obligations in 2023 that did not occur in 2024. However, such decrease was partially offset by higher earnings on the portion of the Bank’s assets funded by its capital.1

    Affordable Housing Program Allocation

    The Bank’s Affordable Housing Program (“AHP”) provides grant funding to support housing for low- and moderate-income families in communities served by its Michigan and Indiana members. For the year ended December 31, 2024, AHP assessments2 totaled $40 million. Such required allocations will be available to the Bank’s members in 2025 to help address their communities’ affordable housing needs, including construction, rehabilitation, accessibility improvements and homebuyer down-payment assistance.

    In addition, as part of the Bank’s commitment to further support its AHP and additional affordable housing and community investment programs, the Bank voluntarily contributed additional funding in 2024 totaling $33 million. Additionally, the Bank made a supplemental voluntary contribution to its AHP totaling $4 million. As a result, voluntary contributions to housing and community investment programs in 2024 totaled $37 million, all of which have been recognized and reported in other expenses.

    The Bank’s combined required and voluntary allocations recognized in 2024 totaled $77 million, an increase of $29 million, or 60%, compared to the prior year.

    __________________

    FHLBank Indianapolis earns interest income on advances to and mortgage loans purchased from its Michigan and Indiana member financial institutions, as well as on long- and short-term investments. Net interest income is primarily determined by the size of the Bank’s balance sheet and the spread between the interest earned on its assets and the interest cost of funding with consolidated obligations. Because of the Bank’s inherent relatively low interest-rate spread, it has historically derived a substantial portion of its net interest income from deploying its interest-free capital in floating-rate assets.

    2 Each year, Federal Home Loan Banks are required to allocate to the AHP 10% of earnings, defined for this purpose as income before assessments plus interest expense on mandatorily redeemable capital stock.

    Condensed Statements of Income

    The following table presents unaudited condensed statements of income ($ amounts in millions):

        Three Months Ended
    December 31,
      Year Ended
    December 31,
          2024     2023     2024     2023
    Interest income(a)   $ 989   $ 1,013   $ 4,130   $ 3,755
    Interest expense(a)     866     873     3,623     3,260
    Provision for credit losses                
    Net interest income after provision for credit losses     123     140     507     495
    Other income(b)     6     7     32     46
    Other expenses(c)     54     31     157     120
    AHP assessments     8     12     40     44
                     
    Net income   $ 67   $ 104   $ 342   $ 377
    (a) Includes hedging gains (losses) and net interest settlements on fair-value hedge relationships. The Bank uses derivatives, specifically interest-rate swaps, to hedge the risk of changes in the fair value of certain of its advances, available-for-sale securities and consolidated obligations. These derivatives are designated as fair-value hedges and, therefore, changes in the estimated fair value of the derivative, and changes in the fair value of the hedged item that are attributable to the hedged risk, are recorded in net interest income.
    (b) Includes impact of purchase discount (premium) recorded through mark-to-market gains (losses) on trading securities and net interest
    settlements on derivatives hedging trading securities, while generally offsetting interest income on trading securities is included in
    interest income.
    (c) Includes voluntary contributions to the Bank’s AHP and other affordable housing, small business and community investment programs.
       

    Balance Sheet Highlights

    Total assets, at December 31, 2024, were $84.5 billion, a net increase of $7.9 billion, or 10%, from December 31, 2023, primarily due to an increase in advances and mortgage loans outstanding.

    Advances 3

    The carrying value of advances outstanding, at December 31, 2024, totaled $39.8 billion, a net increase of $4.3 billion, or 12%, from December 31, 2023. The par value of advances outstanding increased by 12% to $40.1 billion, which included a net increase in short-term advances of 54% and a net decrease in long-term advances of 4%. At December 31, 2024, based on contractual maturities, long-term advances composed 63% of advances outstanding, while short-term advances composed 37%.

    The par value of advances outstanding to depository institutions — comprising commercial banks, savings institutions and credit unions — increased by 18%, while advances outstanding to insurance companies increased by 1%. As a percent of total advances outstanding at par value at December 31, 2024, advances to commercial banks and savings institutions were 52% and advances to credit unions were 14%, resulting in total advances to depository institutions of 66%, while advances to insurance companies were 34%.

    In general, advances fluctuate in accordance with members’ funding needs, primarily determined by their deposit levels, mortgage pipelines, loan growth, investment opportunities, available collateral, other balance sheet strategies, and the cost of alternative funding options.

    Mortgage Loans Held for Portfolio 4

    Mortgage loans held for portfolio, at December 31, 2024, totaled $10.8 billion, a net increase of $2.2 billion, or 25%, from December 31, 2023, as the Bank’s purchases from its members significantly exceeded principal repayments by borrowers. Purchases of mortgage loans from members, for the year ended December 31, 2024, totaled $3.2 billion.

    In general, the Bank’s volume of mortgage loans purchased is affected by several factors, including interest rates, competition, the general level of housing and refinancing activity in the United States, consumer product preferences, the Bank’s balance sheet capacity and risk appetite, and regulatory considerations.

    Liquidity Investments 5

    Liquidity investments, at December 31, 2024, totaled $12.9 billion, a net increase of $759 million, or 6%, from December 31, 2023. The Bank’s liquidity remained well above regulatory requirements and continues to enable the Bank to be a reliable liquidity provider to its members.

    Cash and short-term investments increased by $271 million, or 2%, to $11.8 billion. The portion of U.S. Treasury obligations classified as trading securities increased by $488 million, or 81%, to $1.1 billion. As a result of this activity, cash and short-term investments represented 92% of the total liquidity investments at December 31, 2024, while U.S. Treasury obligations represented 8%.

    The total outstanding balance and composition of the Bank’s liquidity investments are influenced by its liquidity needs, regulatory requirements, actual and anticipated member advance activity, market conditions, and the availability of short-term investments at attractive interest rates, relative to the cost of funds.

    Other Investment Securities

    Other investment securities, which consist substantially of mortgage-backed securities and U.S. Treasury obligations classified as held-to-maturity or available-for-sale, at December 31, 2024, totaled $20.2 billion, a net increase of $738 million, or 4%, from December 31, 2023.

    Consolidated Obligations 6

    FHLBank Indianapolis’ consolidated obligations outstanding, at December 31, 2024, totaled $78.1 billion, a net increase of $7.0 billion, or 10%, from December 31, 2023, which reflected increased funding needs associated with the net increase in the Bank’s total assets.

    Capital 7

    Total capital, at December 31, 2024, was $4.2 billion, a net increase of $491 million, or 13%, from December 31, 2023. The net increase resulted primarily from issuances of capital stock to support advance activity and the growth in retained earnings.

    The Bank’s regulatory capital-to-assets ratio8, at December 31, 2024, was 5.44%, which exceeds all applicable regulatory capital requirements.

    __________________

    3 Advances are secured loans that the Bank provides to its member institutions.
    4 The Bank purchases mortgage loans from its members to support its housing mission, provide an additional source of liquidity to its members, and diversify its investments.
    5 The Bank’s liquidity investments consist of cash, interest-bearing deposits, securities purchased under agreements to resell, federal funds sold and U.S. Treasury obligations.
    6 The primary source of funds for FHLBank Indianapolis, and for the other FHLBanks, is the sale of FHLBanks’ consolidated obligations in the capital markets. FHLBank Indianapolis is the primary obligor for the payment of the principal and interest on the consolidated obligations issued on its behalf; additionally, it is jointly and severally liable with each of the other FHLBanks for all of the FHLBanks’ consolidated obligations outstanding.
    7 FHLBank Indianapolis is a cooperative whose member financial institutions and former members own all of its capital stock as a condition of membership and to support outstanding credit products.
    8 Total regulatory capital, which consists of capital stock, mandatorily redeemable capital stock and retained earnings, as a percentage of total assets.

    Condensed Statements of Condition

    The following table presents unaudited condensed statements of condition ($ amounts in millions):

        December 31, 2024   December 31, 2023
    Advances   $ 39,833     $ 35,562  
    Mortgage loans held for portfolio, net     10,796       8,614  
    Liquidity investments     12,911       12,152  
    Other investment securities(a)     20,189       19,451  
    Other assets     806       829  
             
    Total assets   $ 84,535     $ 76,608  
             
    Consolidated obligations   $ 78,085     $ 71,053  
    MRCS     363       369  
    Other liabilities     1,852       1,442  
    Total liabilities     80,300       72,864  
             
    Capital stock(b)     2,555       2,285  
    Retained earnings(c)     1,684       1,532  
    Accumulated other comprehensive income (loss)     (4 )     (73 )
    Total capital     4,235       3,744  
             
    Total liabilities and capital   $ 84,535     $ 76,608  
             
    Total regulatory capital(d)   $ 4,602     $ 4,186  
             
    Regulatory capital-to-assets ratio     5.44 %     5.46 %
    (a) Includes held-to-maturity and available-for-sale securities.
    (b) Putable by members at par value.
    (c) Includes restricted retained earnings, at December 31, 2024 and December 31, 2023, of $466 million and $398 million, respectively.
    (d) Consists of total capital less accumulated other comprehensive income plus mandatorily redeemable capital stock.
       

    All amounts referenced above are unaudited. More detailed information about FHLBank Indianapolis’ financial condition as of December 31, 2024, and its results for the year then ended, will be included in Management’s Discussion and Analysis of Financial Condition and Results of Operations in the Bank’s Annual Report on Form 10-K.

    Safe Harbor Statement

    This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 concerning plans, objectives, goals, strategies, future events and performance. Forward-looking statements can be identified by words such as “will,” “believes,” “may,” “temporary,” “estimates,” and “expects” or the negative of these words or comparable terminology. Each forward-looking statement contained in this news release reflects FHLBank Indianapolis’ current beliefs and expectations. Actual results or performance may differ materially from what is expressed in any forward-looking statements.

    Any forward-looking statement contained in this news release speaks only as of the date on which it was made. FHLBank Indianapolis undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Readers are referred to the documents filed by the Bank with the U.S. Securities and Exchange Commission (“SEC”), specifically reports on Form 10-K and Form 10-Q, which include factors that could cause actual results to differ from forward-looking statements. These reports are available at www.sec.gov.

    Media Contact:
    Scott Thien
    Senior Corporate Communications Associate
    317-902-3103
    sthien@fhlbi.com

    Building Partnerships. Serving Communities.
    FHLBank Indianapolis is a regional bank included in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to provide access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members’ customers. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit www.fhlbi.com. Also, follow the Bank on LinkedIn, as well as Instagram and X at @FHLBankIndy. Please note that content the Bank shares on its website and social media is not incorporated by reference into any of its filings with the SEC unless, and only to the extent that, a filing by the Bank with the SEC expressly provides to the contrary.

    The MIL Network

  • MIL-OSI Asia-Pac: Speech by SJ at 8th IBA Asia Pacific Regional Forum Biennial Conference (English only)

    Source: Hong Kong Government special administrative region

         Following is the speech by the Secretary for Justice, Mr Paul Lam, SC, at the 8th IBA Asia Pacific Regional Forum Biennial Conference today (February 20): Mr Menzer (Vice-President of the International Bar Association (IBA), Mr Jorg Menzer), Mr Dhillon (Co-Chair of the IBA Asia Pacific Regional Forum Mr Dinesh Dhillon), Mr Liu (Co-Chair of the IBA Asia Pacific Regional Forum Mr David Liu), Winnie (Secretary of the IBA Asia Pacific Regional Forum and co-chair of the conference, Ms Winnie Tam, SC), other friends from the IBA, distinguished guests, ladies and gentlemen,      Good evening. I wish to begin by thanking the organiser, in particular, my good friend Winnie, for inviting me to this dinner. I also wish to congratulate the conference co-chairs and the conference organising committee for hosting this eighth edition of the International Bar Association Asia Pacific Regional Forum Biennial Conference. I was told that more than 360 persons coming from 36 jurisdictions have signed up for the conference. Apart from 20 jurisdictions in the Asia Pacific region (including the Mainland and Hong Kong), we have friends coming from South Asia, Central Asia, Europe, North and South America, as well as Africa.      In 2008, Hong Kong hosted the IBA Asia Pacific Forum with the theme “New focus of international business: Asia, the centre stage”. Time flies. As at today (February 20, 2025), what had been described as the “new focus” back in 2008, 17 years ago has become the “main focus”.      In these circumstances, the theme of this conference is most pertinent, namely “Vibrant Asia – Land of opportunity and promise”. This theme, of course, applies to Hong Kong, being one of the major international cities in Asia. But I wish to be more specific tonight by spending the next 15 minutes or so to convince you why, from the legal perspective, Hong Kong is a land of opportunity and promise.      The short answer is that, as we always say, Hong Kong serves as the “super connector” and “super value-adder” between China and the rest of the world. We perform such roles by making use of our unique strengths and advantages under the principle of “one country, two systems”. One of these unique strengths and advantages is that we have very strong rule of law based on our common law system. You may wonder: there are many jurisdictions in the world including Asia, which practise the common law; what is so special about Hong Kong’s common law system? My answer is that there are at least six key characteristics of our common law system which, when combined together, have rendered our legal system unparalleled.     First, our legal system is very stable. Hong Kong is the only common law jurisdiction in China. The continuation of the common law system is guaranteed by various provisions in the Basic Law which implements the fundamental national policy of “one country, two systems”. It is most significant to note that, in his speech delivered on July 1, 2022, at the celebration of the 25th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR), President Xi Jinping made it crystal clear that the principle of “one country, two systems” is a good policy that must be adhered to in the long run. Equally important is that he mentioned the common law twice in his speech. Apart from acknowledging the contribution of the common law to the success of Hong Kong since China’s resumption of sovereignty over Hong Kong on July 1, 1997, he said that “The Central Government fully supports Hong Kong in its effort … to maintain the common law …”. More recently, on December 20, 2024, at the celebration of the 25th anniversary of Macao’s return to the motherland, President Xi repeated that “one country, two systems” is a good system that sustains the long-term prosperity and stability of Hong Kong and Macao. He also pointed out that the values embodied in the principle of “one country, two systems”, namely, peace, inclusiveness, openness and sharing are relevant to not only China but also the whole world.     Second, our legal system is very credible and reliable. In particular, we have an utmost reputable and independent judiciary. The Basic Law provides that our courts shall enjoy the independent power of adjudication and also that our Court of Final Appeal (CFA) shall enjoy the power of final adjudication. There are also express provisions which guarantee judicial independence. For example, judges in Hong Kong are appointed on the recommendation of an independent commission, with the only criteria considered being their judicial and professional quality. Non-permanent judges from other common law jurisdictions of the highest calibre have been invited to sit on our CFA. The most recent appointee, former Chief Justice of the Federal Court of Australia, Mr Justice Allsop, came to Hong Kong last week to hear his first case. The judgments of our courts, in particular those of the CFA, are often cited in other common law jurisdictions. All court hearings, subject to very few exceptions, are conducted openly; and court judgments are always published. These measures enable people to see that judges have in fact discharged their duties independently without any improper interference. A strong piece of evidence, which I will mention with great reluctance, is that in litigation involving the Government, the Secretary for Justice was, on some occasions, not the successful party. The integrity and quality of our judiciary is never in doubt.      Third, our legal system provides a very safe and secure environment. Fundamental human rights and freedoms based on international standards set by the International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights, as well as private property rights, are fully protected by Hong Kong law. Our law enforcement agencies and regulatory bodies, such as the Police, the ICAC (Independent Commission Against Corruption), the SFC (Securities and Futures Commission), always enforce the relevant laws strictly and fairly. In this respect, it is very important to note that we have consistently been ranked as one of the least corrupt places in the world. According to the Corruption Perceptions Index 2024 released by Transparency International very recently on February 11, 2025, Hong Kong ranks 17 out of 180 jurisdictions, well ahead of many Western developed countries such as the United States and the United Kingdom.      Fourth, our legal system is very user-friendly. It is the only bilingual common law system using both English and Chinese. This is important because English is the linqua franca of the international business community. Our laws (both substantive and procedural) are aligned with prevailing international practices, and hence are familiar to the international community. For example, our Arbitration Ordinance is based on the United Nations Commission on International Trade Law Model Law. In the latest World Competitiveness Yearbook 2024 published by the International Institute for Management Development in June 2024, Hong Kong ranked first in “Business legislation”.      Furthermore, we strive to update our laws continuously to ensure that they will meet the demand of the latest developments and trends around the world. Let me give two examples. We have just completed a consultation in relation to the proposed amendments to the Copyright Ordinance to cater for the fast development of AI generated works. Second, a draft legislation is now being considered by our Legislative Council which aims at creating a regulatory regime for the issuance and offers of stablecoins.      Fifth, our legal system is well connected to both the Mainland and other parts of the world. With the strong support of the Central Government, Hong Kong has signed nine mutual legal assistance arrangements in civil and commercial matters with the Mainland covering three main areas: first, procedural assistance on, for example, service of judicial documents and taking of evidence; second, arbitration-related assistance; and third, reciprocal recognition and enforcement of civil and commercial judgments. These MLA (mutual legal assistance) arrangements give Hong Kong an advantage that is unavailable in other jurisdictions.      In this respect, it is necessary to mention the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), which consist of nine cities in the Guangdong Province, the HKSAR and the Macao SAR. The population of the GBA has exceeded 86 million; its size is similar to Croatia; its total GDP has already exceeded Australia and is among the top 10 in the world. It is the home of giant tech companies such as Tencent and BYD. Great efforts have been made to harmonise the rules and regulations in the three different legal territories in the GBA. For example, to promote and facilitate the use of mediation to resolve civil and commercial disputes in the GBA, there is now a uniform set of rules on mediation and also a consolidated panel of GBA mediators. Furthermore, important measures have been introduced to give business entities the option to use Hong Kong law in their contracts, and choose Hong Kong as the place for arbitration when they set up their businesses in the GBA. Just last Friday (February 14), the Supreme People’s Court and the Ministry of Justice of the People’s Republic of China announced that Hong Kong-invested enterprises registered in any of the nine Mainland cities in the GBA may choose Hong Kong as the seat of arbitration. And for enterprises registered in Shenzhen or Zhuhai, they may also choose to use Hong Kong law as the governing law of their commercial contracts. These additional options will certainly create more demands and, hence, opportunities for legal practitioners in Hong Kong.      Sixth and lastly, we have very strong legal professionals and dispute resolution institutions with high expertise and vast experience in providing legal and dispute resolution services involving Mainland and international elements. A very important point is that, while most of our lawyers are very good at handling international legal issues, at the same time, they are also proficient in both Chinese and English, and have intimate knowledge of the Chinese culture and business practices. According to the latest statistics updated to February 20, 2025, published by the Law Society of Hong Kong, 299 law firms have overseas offices, and 86 have representative offices in the Mainland. Because of these strong Mainland and international connections, by engaging a Hong Kong lawyer or law firm, the client would in effect be able to obtain a one-stop legal service regarding different jurisdictions.      Our dispute resolution bodies are of course very popular and well regarded worldwide. According to the statistics published by the Hong Kong International Arbitration Centre (HKIAC) (the main arbitral institution in Hong Kong), in 2024, 352 new arbitration cases were submitted to the HKIAC, with the total amount in dispute reaching approximately US$13.6 billion. Both figures represent a record high for the HKIAC. Parties from 53 jurisdictions participated in these arbitrations. In 86 per cent of these cases, at least one of the parties was not from Hong Kong; and in 14.5 per cent of these cases, neither party came from Asia. These figures demonstrate and reinforce Hong Kong’s status as a world class leading and popular international arbitration centre.      As there are many friends from the Mainland and other countries here tonight, I wish to stress that we adopt a very open policy and welcome lawyers from other jurisdictions to practise here in appropriate circumstances. As a matter of fact, there are already 83 foreign law firms and 1 571 foreign registered lawyers practising in Hong Kong. On the other hand, King’s Counsel from England come to Hong Kong from time to time on an ad hoc basis to appear in difficult and complex litigations.      Turning to arbitration, we place no restriction at all on the nationalities or professional qualifications of the parties, legal advisers or arbitrators to participate in arbitral proceedings in Hong Kong. As a further step to facilitate people from other places to take part in arbitrations in Hong Kong, starting from next month, individuals participating in arbitrations in Hong Kong may do so without the need to obtain any employment visa. These individuals include not only to parties to the arbitration, arbitrators and counsel, but also expert and factual witnesses, tribunal secretaries, and tribunal-appointed experts. And it does not matter that the seat of arbitration is indeed somewhere else so long as the arbitral proceedings take place physically in Hong Kong.      While I am very confident that Hong Kong’s legal system is unparalleled, and provides abundant opportunities to legal practitioners from not just Hong Kong but also the Mainland and other parts of the world, we recognise that there is no room for complacency. Therefore, we will spare no effort to further promote Hong Kong as an international legal and dispute resolution services centre as well as a capacity building centre. I am excited to say that the signing ceremony of the international treaty regarding the establishment of the International Organization for Mediation (IoMED) will take place in Hong Kong later this year. The establishment of the IoMED is the result of successful negotiations between China and a number of friendly states. Its headquarters will be located in Hong Kong, and it will be the world’s first intergovernmental international legal organisation dedicated to resolving international disputes of different natures through mediation.      In addition, the Department of Justice established the Hong Kong International Legal Talents Training Academy last November which aims at providing capacity building programmes, organising practical training courses, and international exchange programmes to promote sharing of knowledge and experience among legal talents in the region and beyond.      I think I have said enough, and it is time for you to enjoy your well-deserved dinner. To my dear friends coming from overseas, I do hope that, apart from taking part in this conference, you will have some spare time to explore our wonderful city. Seeing is believing. I am very confident that you will be convinced that Hong Kong has remained to be a very open and vibrant society full of energy, hopes and opportunities, as is always the case.       I wish you all a very pleasant evening. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Security: Drug Distributor Caught with Massive Amounts of Fentanyl and Methamphetamine as Well as Firearms, Body Armor, and Silencer Sentenced to 13 Years in Prison

    Source: Federal Bureau of Investigation FBI Crime News (b)

    Tacoma – A 32-year-old Renton, Washington resident was sentenced today in U.S. District Court in Tacoma to 13 years in prison for his role in a drug trafficking ring connected to Aryan prison gangs, announced Acting U.S. Attorney Teal Luthy Miller. Shawn Ellis was arrested in March 2023, when federal agents moved in following a two-year investigation of drug trafficking activities. A search of Ellis’ car turned up buckets filled with fentanyl pills and kilos of methamphetamine, as well as four firearms – including a machine gun. At today’s sentencing hearing, Chief U.S. District Judge David G. Estudillo said, “We’re talking about a significant amount of controlled substances,” and added, “What is really significant and obviously scary for the community is the firearms.”

    According to records filed in the case, Ellis was a prolific drug redistributor. He obtained drugs from one branch of the drug conspiracy and sold the drugs to other customers for profit. Ellis would order as much as 30 pounds of methamphetamine at a time. When Ellis was arrested, agents seized the buckets of fentanyl and methamphetamine as well as cocaine and fake Xanax pills. Ellis carried four guns in the car to protect his drugs – a loaded pistol between the driver’s seat and center console, an SK-15 rifle hidden in a violin case, a shotgun and a second loaded pistol. He also had body armor in the vehicle.

    In a storage shed Ellis controlled were five additional firearms, a large amount of ammunition, additional body armor and a homemade silencer. Ellis also stored cash, jewelry, precious metals, coins and other collectibles in the shed – proceeds of his drug trafficking.

    Ellis has two prior felony drug convictions and is prohibited from possessing firearms.

    In asking for a 15-year sentence prosecutors wrote to the court, “But the danger Ellis posed to the community does not stop (with his possession of a silencer). He carried guns in his car along with his drugs, including a pistol which he kept close at hand near the driver’s seat. Ellis also kept in the car a second pistol, a shotgun, and an AR-15 type rifle that he hid in a violin case. This rifle proved to be a machinegun that fires fully automatically. As a felon, Ellis could not legally possess any firearms, much less a silencer or a machinegun.”

    Law enforcement made two dozen arrests on federal charges on March 22, 2023. The coordinated takedown involved ten swat teams and more than 350 law enforcement officers. On that day law enforcement seized 177 firearms, more than ten kilos of methamphetamine, 11 kilos of fentanyl pills and more than a kilo of fentanyl powder, three kilos of heroin, and more than $330,000 in cash from eighteen locations in Washington and Arizona. Earlier in the investigation law enforcement seized 830,000 fentanyl pills, 5.5 pounds of fentanyl powder, 223 pounds of methamphetamine, 3.5 pounds of heroin, 5 pounds of cocaine, $388,000 in cash, and 48 firearms.

    The top-level leader of the drug trafficking ring, Jesse Bailey, is scheduled to be sentenced on June 13, 2025, and his wife and co-conspirator Candace Bailey, is scheduled for sentencing on May 16, 2025.

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    This investigation was led by the FBI with critical investigative teamwork from the Drug Enforcement Administration (DEA), Homeland Security Investigations (HSI), the Washington State Department of Corrections and significant local assistance from the Tacoma Police Department, Pierce County Sheriff’s Office, and the Thurston County Narcotics Task Force, led by the Thurston County Sheriff’s Office. Throughout this investigation the following agencies assisted the primary investigators: Washington State Patrol, Customs and Border Protection Air and Marine, Lewis County Sheriff’s Office, Lakewood Police Department, and U.S. Postal Inspection Service (USPIS).

    The case is being prosecuted by Assistant United States Attorneys Zach Dillon, Max Shiner, and Jehiel Baer.

    MIL Security OSI

  • MIL-Evening Report: I looked at 35 years of data to see how Australians vote. Here’s what it tells us about the next election

    Source: The Conversation (Au and NZ) – By Intifar Chowdhury, Lecturer in Government, Flinders University

    In the 2022 federal election, two demographics were key to the final outcome: women and young people.

    With another election fast approaching, will they swing the result again?

    To answer this question, I turned to the Australian Election Study (AES) data spanning the period from 1987 to 2022, to investigate how different demographics have voted over time.

    I found that, generally, Australian women and young people tend to favour left-of-centre parties.

    However, specific election issues can have a substantial impact, making the political context of each election crucial. So what can we expect this time around?

    Leaning to the left

    Last year highlighted a growing gulf in political leanings between the sexes worldwide.

    Young women are increasingly progressive. Young men – particularly Gen Z (born after 1994) – are leaning more conservative in many countries, including the United States, China, South Korea and Germany.

    My analysis of the Australian data mirrors global trends, but with a twist.

    Young Australian women are moving sharply to the left. But unlike in many other countries, young Australian men are also shifting left, just at a slower pace.

    Australia’s leftward move across generations is reflected in both self-placement on a left-right ideological scale, and in the vote in federal elections.

    In the 2022 Australian election, the Coalition received its lowest-ever share of the women’s vote at just 32%.

    Only 24.3% of Millennials (21.9% of men and 25.7% of women) voted for the Coalition in 2022.

    These are the lowest levels of support for either major party among younger people in the history of the survey.

    Among Gen Z, a slightly higher proportion of 24.6% voted for the Coalition (34.0% of men and 19.8% of women).

    What’s driving this?

    In theory, women’s leftward shift is driven by several factors. These include higher education levels, greater participation in professional work, and exposure to feminist values. Despite Australia’s post-industrial, egalitarian image, persistent gendered inequalities and discrimination also play a role.

    Meanwhile, young men’s move to the left can be attributed to progressive and egalitarian socialisation. Plus, unlike in other countries, Australia lacks Donald Trump-like figures who could mobilise anti-feminist or hardline conservative sentiments. This limits the expression of such views at an aggregate level.

    This leftward shift is, in part, a generational effect – or at least a reflection of the times.

    The generational angle is crucial, as the 2025 federal election will be the first in which Millennials and Gen Z together will outnumber Baby Boomers as the dominant voting bloc in Australia.

    This shift should shape how political parties campaign, whom they target, and which issues take centre stage.

    Policies are voter priorities

    My analysis highlights another important angle. Over the study period, voting decisions have increasingly been driven by policy issues, with 48% of Australians citing them as the primary factor. This is followed by party affiliation (29%), party leaders (14%) and local candidates (9%).

    In 2022, 54% of voters reported policy issues as the main factor influencing their choice.

    Across election years, I identified the most prominent and recurrent election issues that voters identified as influential. I added these issues to my model to see how people who care about these issues lean (left-right) and whether men and women differ in their political leanings (progressive-conservative). I also considered other factors known to impact voting, including:

    • sociodemographic factors (education, marital status, social class, home ownership and rural/urban residency)

    • familial socialisation (what their parents’ political preferences were)

    • social network factors (whether they’re religious or a member of a union)

    • electoral context (what each respondent said were the most important voting issues)

    Overall, women tend to be slightly more left-leaning on policy issues than men, and while this difference is statistically significant, it is small and the general trend holds across both sexes.

    Compared with Boomers, each successive generation is more likely to vote for a left party. Gen Z is the most left-leaning (though their smaller sample size warrants some caution in interpretation).

    So who votes for whom?

    Unsurprisingly, people vote according to who they think will best address the policy areas they care about most.

    Those prioritising interest rates, taxation or economic management favour right-wing parties. Voters most concerned with health, Medicare and climate change are more likely to vote for the left.

    Education, class and social networks matter, too. Highly educated, working-class, non-religious and union-affiliated voters tend to support left parties. So, too, do those raised in left-leaning households.

    While the size of these effects varies slightly between men and women, the overall direction remains the same.

    How might this play out in 2025?

    The thing about election issues is that they are highly time-sensitive. Take the GST: it was one of the defining issues of the 1998 election, yet was largely irrelevant after 2004.

    In recent years, left-leaning issues — the environment, health and Medicare — were more likely to be front-of-mind when Australians all of ages headed to the polls. This gives Labor and the Greens an issue-owner advantage.

    Cost of living (spanning day-to-day expenses, interest rates and housing affordability) has now become the defining issue of this election cycle. At first thought, among the two major parties, the Coalition is traditionally seen as a better economic manager.

    However, my analysis from 2022 election data shows that, compared with the 2019 election, fewer people considered the Coalition the best manager of the economy among those who considered it the most important election issue.

    Further, for the first time in the past five elections, a majority of the voters perceived Labor as more aligned with their own views on immigration, refugees and asylum seekers. These issues, historically seen as Coalition strongholds, are also likely to be key this time around.

    For the Coalition, this is bad news. But for Labor, the challenge is twofold: retaining younger, progressive voters while addressing broader economic anxieties.

    With growing voter volatility and a diminished sense of party loyalty, neither major party can rely on a stable base.

    Australians are increasingly willing to shift allegiances, including to the increasing supply of independent alternatives. Both Prime Minister Anthony Albanese and Opposition Leader Peter Dutton will have to convince voters they have the best solutions for the key issues.

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

    ref. I looked at 35 years of data to see how Australians vote. Here’s what it tells us about the next election – https://theconversation.com/i-looked-at-35-years-of-data-to-see-how-australians-vote-heres-what-it-tells-us-about-the-next-election-249368

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: WAVES Comics Creator Championship: Race heats up for young creators as five-member jury to select finalists

    Source: Government of India

    WAVES Comics Creator Championship: Race heats up for young creators as five-member jury to select finalists

    Selected 10 semi-finalists to compete at grand finale at WAVES

    Posted On: 20 FEB 2025 7:36PM by PIB Mumbai

    Mumbai, February 20, 2025

    A five-member jury panel has been announced to select the semi-final winners of the ongoing Comics Creator Championship being organized as part of the World Audio Visual and Entertainment Summit (WAVES) which will be held in Mumbai from 1st to 4th May, 2025. The WAVES Comics Creator Championship, a joint initiative of the Indian Comics Association (ICA) and the Ministry of Information and Broadcasting (MIB), Government of India, is part of the “Create in India Challenge,” a program of government of India to promote Indian creativity and innovation globally.

    The semi-finalists for the championship have already been announced. The jury panel, which includes industry legends who have shaped the Indian comics landscape, will now select the winners by evaluating the semi-finalists’ entries. The selected 10 finalists will then compete at WAVES in Mumbai.

    Speaking about the jury panel, Ajitesh Sharma, President, ICA, said that the members’ expertise and passion for comics would ensure that the championship sets a new standard for excellence in Indian comics. “We are honored to have such an esteemed jury panel on board,” he said.

    The Jury Members

    1. Dilip Kadam, a renowned comic artist and illustrator, brings his vast experience and expertise to the table. With a career spanning multiple decades, Dilip Kadam has worked with various leading publishers and has been instrumental in creating some of India’s most beloved comic characters, including Bhokal.
    2. Nikhil Pran, son of legendary cartoonist Pran Kumar Sharma and a renowned comic creator himself, adds a unique perspective to the panel. Pran’s work has been influenced by his father’s iconic creations, such as Chacha Chaudhary and Sabu, and he has carried forward the legacy with his own innovative storytelling.
    3. Jazyl Homavazir, an award-winning animation professional and the creator of The Beast Legion, India’s first and longest-running web manga, which recently won the Ann award, brings a fresh and innovative approach to the contest.
    4. Sanjay Gupta, founder of Raj Comics and creator of India’s most popular superheroes, Nagraj, Doga, Bhokal, Bheriya, and many others, provides valuable insights into the industry’s trends and demands.
    5. Preeti Vyas, President and CEO of Amar Chitra Katha, rounds out the panel with her extensive knowledge and experience in the content ecosystem. Vyas’s work has spanned multiple genres, from mythology to picture books to early chapter books.

    WAVES Comics Creator Championship

    The WAVES Comics Creator Championship was launched by the ICA in collaboration with the MIB in August 2024 with a motto of discovering and encouraging the next generation of Indian comic creators. The championship is an initiative aimed at creating a new era in the Indian comics by nurturing innovation, creativity, and a passion for storytelling.

    About WAVES 2025

    WAVES 2025 is a global summit scheduled to be held at Jio Convention Centre in Mumbai from 1st May to 4th May 2025, aimed at fostering innovation, creativity, and collaboration in the media, entertainment, and technology sectors. The summit will bring together creators, industry leaders, and investors to explore new opportunities in animation, gaming, visual effects, and XR (Extended Reality). With a vision to position India as a global powerhouse in the AVGC-XR sector, WAVES 2025 promotes skill development, entrepreneurship, and cross-border collaborations.

     

    PIB Mumbai | WAVES 2025/Riyas/Priti

     

     

    Follow us on social media:  @PIBMumbai     /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Union Minister Of Commerce & Industry Shri Piyush Goyal interacts with Industry Stakeholders and Associations at Auric, Chhatrapati Sambhaji Nagar, Maharashtra

    Source: Government of India

    Union Minister Of Commerce & Industry Shri Piyush Goyal interacts with Industry Stakeholders and Associations at Auric, Chhatrapati Sambhaji Nagar, Maharashtra

    Union Government is committed towards creating a conducive environment for business growth and innovation: Shri Piyush Goyal

    Maharashtra actively actively promoting investments across sectors, making it a favourable destination for businesses and investors: Shri Goyal

    Shri Piyush Goyal endorses setting up of skill & job centre in AURIC Hall in collaboration with industry stakeholders

    Union Minister undertakes aerial survey of upcoming Dighi Port Industrial Area

    Posted On: 20 FEB 2025 7:34PM by PIB Delhi

    Union Minister of Commerce & Industry, Shri Piyush Goyal, visited the Aurangabad Industrial City (AURIC) Shendra developed under the National Industrial Corridor Development Programme (NICDP)  on the auspicious occasion of Chhatrapati Shivaji Jayanti on February 19, 2025. He also visited various operational industries at AURIC Shendra viz. Coatall Films Pvt Ltd, Inox Air Products, and Umasons Auto Compo Pvt. and appreciated the efforts being made by these units to achieve the vision of Viksit Bharat.

    Highlighting AURIC’s global competitiveness, the Minister emphasized that Shendra-Bidkin Industrial Area stands as India’s premier large-scale greenfield industrial smart city, in terms of world-class infrastructure with plug-n-play infrastructure and futuristic urban planning with walk-to-work facilities. The Minister highlighted that 20 such Industrial Smart Cities are being developed by Govt of India under the NICDP which reaffirms the Modi government’s commitment to creating an advanced industrial ecosystem that caters to global investors and businesses.

    Recognizing the critical need for a dedicated skill development center in AURIC, the Minister endorsed the establishment of a Skill & Job Centre in collaboration with industry stakeholders. The Confederation of Indian Industry (CII) has been urged to take the lead in setting up this center, which will be strategically housed within 20,000 sq. ft. of office space at AURIC Hall.

    Shri Goyal appreciated Maharashtra for actively promoting investments across various sectors, making it a favourable destination for businesses and investors. Investors looking at Maharashtra can benefit from its proactive Government policies, strategic location, skilled workforce, and a strong Industrial base.

    Shri Goyal further emphasized the Government’s commitment towards fostering a robust Industrial ecosystem that supports innovation, sustainable growth, and global competitiveness. He highlighted the pivotal role of Industry stakeholders in achieving the nation’s ambitious Vision of a Developed Nation @ 2047.

    On the sidelines, the Minister Shri Piyush Goyal on 20th Feb 2025 also undertook an aerial survey of the upcoming Dighi Port Industrial Area (DPIA) under NICDP approved by GoI in Aug 2024 and nearby critical multimodal connectivity. The Minister was briefed on the advanced trunk infrastructure, integrated master planning, demand assessment, target sectors, and implementation timelines at DPIA by the officials. It was also highlighted that the project holds immense potential due to its strategic location on Mumbai-Goa Highway and proximity to Dighi Port. The Minister directed to create best-in-class infrastructure facilities for DPIA to create a benchmark for others to follow.

    The interaction witnessed the participation of more than 100 stakeholders, including representatives from CII, FICCI, ASSOCHAM, CMIA, MASSIA, MAGIC, Marathwada Auto Cluster, Deogiri Electronic Cluster, Laghu Udyog Bharti, and other distinguished industry associations. Their continuous support and collaboration play a vital role in shaping Maharashtra into a premier global business destination. The event also provided a platform for industrialists focused on Maharashtra to share their views, innovative suggestions and success stories.

    Officials from National Industrial Corridor Development Corporation (NICDC), Maharashtra Industrial Development Corporation (MIDC) and Maharashtra Industrial Township Limited (MITL) were also present during the event who were given necessary directions from the Hon’ble Minister for further facilitating Ease of Doing Business.

    About AURIC:

    Shendra and Bidkin Industrial Areas are being developed in two phases, covering 4,000 hectares (10,000 acres) to establish a modern industrial hub. Auric Smart City follows a balanced development model, with 60% of the land dedicated to industries and the remaining 40% allocated for commercial, residential, educational, and healthcare facilities. Essential infrastructure, including water supply, electricity, sewage systems, and high-speed internet, has been developed in Shendra (2,000 acres) and Bidkin Phase-1 (2,500 acres), with underground distribution reaching individual industrial plots. Notably, 42% of the water demand will be met through treated wastewater. The city is equipped with advanced SCADA systems, CCTV surveillance, air quality monitoring sensors, and traffic control mechanisms for effective governance. Additionally, the implementation of the e-Land Management system ensures a transparent process for industrial land allotment. With its electricity distribution license, Auric Smart City provides power at lower tariffs, enhancing its appeal to investors.

    About Dighi Port Industrial Area:

    The Dighi Port Industrial Area, spanning 6,056 acres across the Roha and Mangaon tehsils in Raigad district, is positioned as a key driver of industrial growth, leveraging its proximity to Mumbai and Pune. The project ensures seamless connectivity through major highways, including NH66 (Mumbai–Goa Highway), NH753F (Mangaon–Pune Highway), and Major State Highway 05, reinforcing its appeal for global and domestic investors.DPIA is strategically designed to accommodate key industries, including Engineering, Pharmaceuticals, Chemicals, Textiles, and Food & Beverages.

    ******

    Abhishek Dayal/Abhijith Narayanan

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    MIL OSI Asia Pacific News

  • MIL-OSI United Nations: From suits to social justice: World’s top human rights forum turns stage over

    Source: United Nations 2

    Trading suits, ties and debates for DJ turntables, bright traditional Indigenous garb and ancient instruments, three performers – an anthropologist, an R&B singer and a genre-defying artist – showcased their music and messages at the Stand Up for Social Justice event to celebrate the World Day of Social Justice, marked annually on 20 February.

    It took place in front of hundreds of people in the emblematic Human Rights and Alliance of Civilizations Room, where high-stakes diplomacy happens throughout the year.

    The world needs more diverse platforms like the UN “so that transculturality can exist”, said Brisa Flow, a Chilean-born Mapuche artist who got her first break in rap battles in Brazil, following her intense musical performance.

    “We need more empathy and to listen more to Indigenous Peoples in order to better understand how to take care of our territories that need care, not just in terms of water, food and land, but also our children and our elders,” said the São Paulo-based singer, rocking a green marble-printed manicure.

    “We need to be in spaces where everything we speak about is not just a utopia, where hope, which exists, can be heard and considered.”

    Calls for change around the world

    Ms. Flow joined French-speaking Geneva-born R&B revelation Ocevne (pronounced Océane) and anthropologist-cum-poet Idjahure Terena in delivering powerful music and personal messages inspired by social justice while helping to link local realities to issues of a global scale.

    Echoing the Day’s 2025 theme Strengthening a Just Transition for a Sustainable Future, the event was co-organised by UNRISD, an independent UN research institute focusing on development issues, and Antigel, a Geneva-based music festival designed to make culture more accessible.

    The messages from the young people on stage did just that, with electrifying performances and calls for change around the world.

    For Ocevne, 28, the message was about equality.

    “The simplest way I could define it is simply the right to equal opportunities,” she said. “No matter your background, where you come from, who you are, your gender, everything, we all have the right to that opportunity.”

    © City of Geneva/ANTIGEL/Giona

    Ocevne warming up the room at the Stand Up for Social Justice event.

    ‘No climate justice without social justice’

    Climate justice was another recurring theme throughout the event, an issue highlighted by Mr. Terena, a doctoral student in social anthropology at the University of São Paulo and poet who spends much of his time defending the rights of his community and others.

    “There is no climate justice without social justice,” he told the audience. “We know that standing forests are the simplest and most efficient solution for fighting global warming.”

    The young researcher slammed the impact of mining companies and agribusinesses on his ancestral land that belongs to the Terena people of Brazil in the Pantanal region of Mato Grosso do Sul.

    “This is not just a territorial issue, but a matter of physical and cultural survival for our peoples and for humanity as indigenous lands represent the most important areas of biodiversity,” he said, inviting the audience to fight for a “common, diverse living world”.

    © Courtesy of Idjahure Terena

    Idjahure Terena playing the japurutu flute with his father-in-law Francisco Baniwa in Brazil.

    ‘The future is going to be very hot’

    Indeed, “the future is going to be very hot,” said Ms. Flow, adding that “it is already very hot in Brazil, and this is urgent for us because without water, we cannot live, and without food, [we cannot] either.”

    Advocating for issues affecting indigenous communities, including the burning impacts of climate change on the natural resources of her home country, she said collectively not enough is getting done.

    “We need more communication and more exchanges. By exchanges, I mean listening, speaking, listening, speaking and thinking about new ways of living well so that we can keep heading into the future.”

    © Giselle Dietze

    Brazilian federal deputy Célia Xakriabá (right) performs with artist Brisa Flow at the Stand Up for Social Justice concert.

    Amplifying marginalised voices

    The event is the brainchild of the UN Research Institute for Social Development (UNRISD) Head of communications chief Karima Cherif, who wanted to bridge art and research through the initiative.

    She says her institute works with scholars from the global South to ensure that the voices and expertise of minorities are heard.

    “We’re giving voices to the marginalised and the youth,” explained Ms. Cherif, who sees art as a way to “translate what we do in a language that can touch hearts”.

    ‘Never give up’

    Thuy-San Dinh, who heads Antigel, echoed her vision and encouraged the young audience to pursue their goals, recalling when she co-created the annual event 15 years ago.

    “You have to believe in your ideas and never give up,” Ms. Dinh said.

    Melanie Rouquier, who created SHAP SHAP, a non-profit that fights global inequality and discrimination through cultural projects, told several activists in the room that each of their actions showed citizen engagement was not a lost cause.

    “To resist, we have to get together,” she said.

    © City of Geneva/ANTIGEL/Giona

    Brisa Flow playing a traditional instrument at the Stand Up for Social Justice concert in Geneva in February 2025.

    Connecting generations

    For Aryan Yasin, a designer from Geneva who founded a cultural non-profit supporting disadvantaged youth, the show was an opportunity for cross-pollination and broadening his network by connecting with UN staff.

    The exceptional venue “is not a place where you would necessarily see young people”, he said. “But, that actually allows us to create an intergenerational connection, with people who are more experienced, more established,” he added.

    After the show, management student Ludivine said she was mesmerised by the experience. Putting on a concert with one of her favourite artists there to denounce inequalities “makes sense… because at the UN, people get together to talk about inequalities around the world.”

    © Courtesy of Brisa Flow

    Ms. Flow (right) at a protest by the Guarani people of Brazil.

    What is social justice?

    After the event ended, doctoral students Beatrice and Thomas shared what the concept of social justice, which can seem quite abstract, meant to them.

    “It’s about recognising and taking differences into account while ensuring that everyone has the same access” to the same opportunities, said Beatrice, from Italy, who studies at École Polytechnique Fédérale de Lausanne.

    “That may mean that some people will need more support, while others may not need as much, but have different needs.”

    Thomas offered a more societal vision of the idea.

    “For me, it’s something that is both individual and collective – something that must be built as a society. It is entirely dependent on the structures we have put in place, but it also relies on everything that is local.”

    Read our social justice explainer here.

    ‘We need to be united’

    Ahead of the concert, Tatiana Valovaya, Director-General of the UN Office at Geneva set the tone in her opening remarks in the Human Rights and Civilisation Room.

    “This room sees a lot of very important and challenging negotiations,” she told the audience. “But, today we open this room to everyone.”

    Geneva Mayor Christina Kitsos, whose term is guided by the motto “what connects us”, reminded the youthful audience of the UN’s fundamental role despite the worrying rise of “desire to undermine all the work [that has been done] around humanitarian aid and human rights”.

    “We need to be united, strong and truly hopeful and courageous to ensure that we stay the course, that we remain a beacon in this world in turmoil,” she said.

    MIL OSI United Nations News

  • MIL-OSI Europe: Written question – Potential misuse of EU funds by pro-migrant association Equalis – E-000658/2025

    Source: European Parliament

    Question for written answer  E-000658/2025
    to the Commission
    Rule 144
    Jean-Paul Garraud (PfE)

    Equalis, an association providing emergency accommodation with a focus on social integration, has previously received EU funding, in particular from the European Social Fund (ESF)[1]. Some of the bodies that have merged with Equalis, such as the Agir-Combattre-Réunir association, have also received EU subsidies for certain projects[2].

    However, accusations of poor financial management have been levelled against the association. Arthur Anane, the former director of the association, had a monthly net salary of EUR 11 400, as well as the use of an Audi Q7 and a housing allowance of EUR 533 per month[3].

    This raises some questions, especially given that Equalis is run almost exclusively on public funding, including EU funds. Legal proceedings are under way, and in June 2025 the association’s former director is to be tried for the alleged misappropriation of public funds.

    • 1.Have Equalis or its constituent bodies received EU funding (from the ESF, the Asylum, Migration and Integration Fund or others), and if so, how much?
    • 2.Has the Commission carried out an audit or check on the use of EU funds granted to Equalis? If so, what were its findings?
    • 3.What mechanisms will the Commission make use of to ensure that any misappropriated funds are recovered and to prevent such misuse from happening again?

    Submitted: 12.2.2025

    • [1] https://equalis.org/wp-content/uploads/2024/06/Rapport_annuel_2023_EXE.HDQ_.pdf
    • [2] https://www.europeidf.fr/projets/JardinCocagne
    • [3] https://www.lefigaro.fr/faits-divers/le-patron-d-une-association-d-insertion-de-sdf-et-de-migrants-epingle-pour-son-salaire-20210922
    Last updated: 20 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Publication of the report on the investigation into TikTok under the DSA ahead of the May 2025 presidential election campaign in Romania – P-000253/2025(ASW)

    Source: European Parliament

    On 17 December 2024, the Commission opened formal proceedings against TikTok[1], following the suspicion that the provider of this very large online platform may have breached the Digital Services Act (DSA)[2] in relation to its obligation to properly assess and mitigate systemic risks linked to election integrity, notably in the context of the Romanian presidential elections of 24 November 2024.

    After the formal opening of proceedings, the Commission continues to investigate the provider of TikTok’s compliance with the DSA, for example, by sending additional requests for information, conducting interviews and inspections, or taking additional monitoring actions, such as requesting access to algorithms.

    By means of a request for information, the Commission may require the provider of TikTok to provide data and documents it has been obliged to retain on the basis of the retention order issued by the Commission on 5 December 2024[3].

    The opening of formal proceedings empowers the Commission to take further enforcement steps, such as interim measures and non-compliance decisions.

    The Commission may also make any commitment offered by the provider of TikTok to ensure compliance with the DSA binding on such provider.

    For example, on 5 August 2024, the Commission had made TikTok’s commitments to permanently withdraw TikTok Lite Rewards programme from the EU binding[4].

    The DSA does not set any legal deadline for bringing formal proceedings to an end. The duration of an in-depth investigation depends on several factors, including the complexity of the case and the exercise of the rights of defence.

    Moreover, the opening of formal proceedings does not prejudge any other proceedings that the Commission may decide to initiate under the DSA.

    • [1] https://ec.europa.eu/commission/presscorner/detail/en/ip_24_6487
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022R2065
    • [3] https://ec.europa.eu/commission/presscorner/detail/en/ip_24_6243
    • [4] https://ec.europa.eu/commission/presscorner/detail/en/ip_24_4161

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Resources for the development of the DSA transparency database – E-002730/2024(ASW)

    Source: European Parliament

    The Digital Services Act (DSA) Transparency Database[1], which is developed in-house by the Commission, was launched on 25 September 2023, roughly five months ahead of the Commission’s legal obligation to comply with Article 24(5) of the DSA[2]. It has been operational ever since.

    The database currently contains more than 25 billion records of content moderation decisions taken by online platforms in the form of so-called statements of reasons.

    Currently, 118 online platforms, the majority of which are not Very Large Online Platforms (VLOPs) under the DSA, are uploading data to the database.

    Since some Member States are still in the process of designating and empowering their Digital Service Coordinators (DSCs), the onboarding process for non-VLOPs, which is managed by their DSC of establishment, is experiencing some delay.

    The Commission has been continually updating the database’s infrastructure and analytical capabilities, including by releasing a user-friendly dashboard[3] and more recently a python software package[4], which enables the analysis of the data in the database at scale, including by allowing users to build custom data visualisations.

    The upcoming report from the Commission to the European Parliament and the Council, to be published by 31 March 2025, will provide further details on the annual costs incurred for the fulfilment of the Commission’s tasks under the DSA during 2024, including human resources and information technology costs.

    For an overview of the relevant costs incurred in 2023, the Commission refers to the 2023 report, submitted to the European Parliament and the Council in November 2024.

    • [1] https://transparency.dsa.ec.europa.eu/
    • [2] Regulation (EU) 2022/2065 of the European Parliament and of the Council of 19 October 2022 on a Single Market for Digital Services and amending Directive 2000/31/EC (Digital Services Act), OJ L 277, 27.10.2022, p. 1-102.
    • [3] https://transparency.dsa.ec.europa.eu/dashboard
    • [4] https://code.europa.eu/dsa/transparency-database/dsa-tdb

    MIL OSI Europe News

  • MIL-OSI Security: Straw purchaser sentenced for unlawfully supplying firearms to illegal aliens

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    McALLEN, Texas – A 54-year-old Baytown resident has been ordered to prison for his role in firearms trafficking, announced U.S. Attorney Nicholas J. Ganjei.

    Eduardo Hernandez pleaded guilty Oct. 31, 2024. 

    Chief U.S. District Judge Randy Crane has now ordered Hernandez to serve 151 months in federal prison to be immediately followed by three years of supervised release. At the hearing, the court heard additional evidence about Hernandez’ activities, including his purchase of several firearms from a licensed dealer in the Houston area. He had also sent photos of the firearms to an individual in Michoacan, Mexico, to provide confirmation of the transaction. During his allocution, Hernandez apologized for his offense against the United States. In handing down the sentence, Judge Crane responded by commenting that the victim of this offense is really Mexico and how the people of that country suffer at the hands of cartel violence.

    “Illegal aliens are prohibited from possessing firearms, period,” said Ganjei. “Hopefully Hernandez’s conviction and sentence will serve as a warning to others would consider supplying guns to those illegally in the country.”

    On Nov. 1, 2023, as part of an on-going criminal investigation involving the unlawful purchase, transfer and exportation of firearms and ammunition, authorities conducted a search of a residence. At that time, they discovered and seized multiple firearms from an individual unlawfully present in the United States who admitted the firearms were intended to be transported into Mexico.

    The investigation revealed Hernandez had purchased two of the seized weapons – both rifles.

    At the time of his arrest, Hernandez admitted to purchasing approximately 50 firearms from licensed dealers and private sellers and transferring those firearms to aliens unlawfully present within the United States. Hernandez also admitted having transported tens of thousands of rounds of ammunition to a home near the U.S.-Mexico border.

    Hernandez was permitted to remain on bond and voluntarily surrender to a U.S. Bureau of Prisons facility to be determined in the near future.

    This case is a result of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. Homeland Security Investigations, Bureau of Alcohol, Tobacco, Firearms and Explosives and the Texas Department of Public Safety – Criminal Investigations Division are conducting the OCDETF operation with the assistance of the Baytown Police Department. OCDETF identifies, disrupts and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found on the Department of Justice’s OCDETF webpage. Assistant U.S. Attorneys Roberto Lopez Jr., Lance Watt and Brittany Jensen are prosecuting the case.

    MIL Security OSI

  • MIL-OSI Economics: Microsoft at Legalweek: Help safeguard your AI future with Microsoft Purview​

    Source: Microsoft

    Headline: Microsoft at Legalweek: Help safeguard your AI future with Microsoft Purview​

    Generative AI is reshaping almost every industry and the legal field is no different. A Thompson Reuters Institute study of legal professionals found “a remarkable 79% of law firm respondents anticipate AI will have a high or transformational impact on their work within the next five years—a significant 10-point increase from 2023.”1 There are many promising opportunities to streamline workflows and drive efficiency by bringing AI into legal and litigation workflows. Simultaneously, there’s a need to ensure data compliance, security, governance, and privacy while deploying AI throughout your organization.  

    Learn more about Microsoft Security.

    Microsoft is continuously innovating, empowering people and organizations to achieve more, and Microsoft Purview is a key part of that mission. New advanced capabilities in Microsoft Purview eDiscovery make it easier to safeguard and manage compliance of data. eDiscovery allows you to easily search, collect, and review AI-based interactions across more than 25 AI applications. It also uses advanced AI capabilities to streamline eDiscovery workflows—from natural language queries for more intuitive searching to automatic case summarization for a quick snapshot of key insights. And more powerful AI-driven features are on the horizon to further accelerate and simplify the eDiscovery process. 

    We are excited to share more about new developments across Microsoft Security at Legalweek 2025. If you are attending the conference in New York City from March 24 to March 27, 2025, we’d love to connect. Read on for an overview of our sessions. And request to attend our Executive Breakfast on Tuesday, March 25, 2025, from 7:30am–8:45am (ET) at the Mercury Ballroom, New York Hilton Midtown, to learn how to protect Microsoft 365 Copilot with Microsoft Purview as well as our latest developments in eDiscovery.  

    Mark your calendar for these Legalweek sessions 

    At Legalweek 2025, we will have experts from Microsoft and the legal field to offer insights into the latest cybersecurity challenges facing the legal sector as well as strategies to tackle these pressing issues. 

    Session Title Speakers Session Date and Time Session Description
    Trustworthy AI: Helping to ensure privacy and security in AI transformation​  Katelyn Rothney, Senior Product Marketing Manager, Microsoft Azure AI; Ashley Pusey, Cyber Security and Data Privacy Associate, Kennedy’s CMP LLP; Rebecca Engrav, co-chair of the AI industry group at Perkins Coie; and John Israel, Global AI Security and Data Security Lead, KPMG.  Tuesday, March 25, 2025, 11:30 AM–12:30 PM​ Eastern Time (ET)  This session will delve into the complex interplay between AI innovation and data protection, exploring the necessary frameworks for designing AI solutions that prioritize transparency, integrity, and accountability. Learn the security and privacy risks inherent in AI adoption and how to mitigate them. 
    Global compliance deep dive: Mastering the EU AI Act and international data regulations Manny Sahota, Director of Global Cloud Privacy, Regulatory Risk, and Compliance, Microsoft; Dajin Li, Partner, Taylor Wessing; Jennifer Driscoll, Partner, Robinson Cole; Jessica Long, Vice President, Head of Legal, Chief Privacy Officer, Allstate Canada; and Patrick J. Austin, Of Counsel, Woods Rogers.​  Tuesday, March 25, 2025, 2:00 PM–3:00 PM​ (ET Navigate the complexities of global data compliance and learn how to stay ahead of regulatory requirements with an in-depth analysis of the EU AI Act and other key international regulations. Learn how to harmonize compliance strategies across different jurisdictions, overcome regulatory challenges, and future-proof your organization’s data governance framework. 
    Collaboration in complex litigation: Streamlining team communication and document sharing  EJ Bastien, Sr. Director, Discovery Programs, Microsoft; Lindsey Lanier, Director, Product Management, Relativity; Candi Smith, eDiscovery Analyst, Disney; Scott Milner, Partner & Global Practice Group Leader of eData, Morgan, Lewis & Bockius LLP; and Greg Buckles, Market Analyst–Press, eDiscovery Journal. Tuesday, March 25, 2025, 3:30 PM–4:30PM (ET Explore how legal teams can streamline document sharing and optimize communication workflows to keep all stakeholders connected and informed. Learn how to simplify case management, enhance team collaboration, and make information easily accessible—even in hybrid work environments. 
    Navigating the AI revolution: Strategic insights and innovations​  Jessica Escalera, Head of Legal Operations, Americas at HSBC; Nicole Langston, Head of eDiscovery, Counsel for Barclays; Nisha Narasimhan, Principal Product Manager, Microsoft; and Robert Keeling, Partner, Redgrave LLP Wednesday, March 26, 2025, 11:30 AM–12:30PM (ET This forward-looking panel discussion delves into how you can use cutting-edge products to steer your AI journey effectively. Join industry experts as they share insights on strategic approaches, address common challenges, and highlight the latest AI innovations.  

    Connect with Microsoft at Legalweek 

    If you seek strategies for safeguarding and managing the compliance of your data and AI applications, check out one or more of our sessions at Legalweek. Throughout the conference, you can also interact with our Microsoft experts directly in a few ways: 

    • Stop byBooth #3103 in New York Hilton Midtown Americas Hall 2 to learn how Microsoft solutions can address your challenges. 
    • Request to attend the Executive Breakfast on Tuesday, March 25, 2025 from 7:30am – 8:45am ET at Mercury Ballroom, New York Hilton Midtown.
    • Request dedicated time with our experts, who will be available in meeting rooms at 1700 Broadway, between 9:00 AM – 6:00 PM ET, Monday, March 24, 2025, through Thursday, March 27, 2025. We’d love to connect. Hope to see you there! 

    Connect with members of the Microsoft Intelligent Security Association  

    At Microsoft we truly believe security is a team sport. And we are thrilled to welcome three of our strategic Microsoft Intelligent Security Association (MISA) members to demonstrate their solutions at the Microsoft booth. Join Epiq Global, Lighthouse, and Relativity as they share their expertise and discuss how their solutions—together with Microsoft technology—are helping our mutual customers secure their data efficiently in the age of AI. 

    • Epiq Global: Tuesday, March 25, 2025, 12:00 – 2:00 PM ET 
    • Lighthouse: Wednesday, March 26, 2025, 2:30 – 4:30 PM ET 
    • Relativity: Thursday, March 27, 2025, 10:00 AM – 12:00 PM ET 

    Read more about MISA and membership benefits. 

    Learn more about Microsoft Security solutions

    To help your organization efficiently respond to legal matters or internal investigations with intelligent capabilities that reduce data to only what’s relevant, learn more about Microsoft Purview eDiscovery. 

    Learn how to accelerate the secure adoption of AI with ready-to-go security and governance tools built for generative AI at The Microsoft at RSAC experience. From our signature Pre-Day to demos and networking, discover how Microsoft Security can give you the advantage you need in the era of AI. 

    To learn more about Microsoft Security, visit our website.

     Bookmark the Security blog to keep up with our expert coverage on security matters. Also, follow us on LinkedIn (Microsoft Security) and X (@MSFTSecurity) for the latest news and updates on cybersecurity. 


    Sources:

     1 The Future of Professionals: How AI is impacting the legal profession | Legal Blog 

    MIL OSI Economics

  • MIL-Evening Report: From satire to serious journalism – how The New Yorker has shaped a century of thought

    Source: The Conversation (Au and NZ) – By Emily Baulch, Research Assistant, Discipline of Media and Communications, University of Sydney

    Australian subscribers to the print edition of The New Yorker will know the feeling: it arrives once a week, or sometimes, as buses do, in pairs.

    You may briefly regret the environmental impact of all that paper, but once it’s unwrapped it’s a source of anticipation. You check out the cover, read Shouts and Murmurs, and flip through the cartoons.

    You might even tackle the book reviews or dive into an article. But most of all, you inhale the history of a century of brilliantly edited and stainlessly written essays.

    The New Yorker will publish four issues to mark its centenary, including this one featuring the magazine’s mascot, Eustace Tilley.
    The New Yorker

    100 years, thousands of issues, countless stories

    The New Yorker has evolved alongside a century of monumental change. From the roaring 20s to the age unfolding, it has been a steadfast investigator of history, covering wars, political upheavals, cultural shifts and social revolutions.

    The magazine has published some of the most influential writers of the 20th and 21st centuries, including Truman Capote, Ernest Hemingway, Jamaica Kincaid, Fiona McFarlane and Hiromi Kawakami – offering a platform for literary giants and fresh voices alike.

    It has also fostered the growth of renowned editors such as William Shawn, Robert Gottlieb and Tina Brown, all of whom helped shape it into an institution.

    Antiguan-American novelist Jamaica Kincaid has written dozens of New Yorker articles over the decades.
    Wikimedia

    When The New Yorker was founded in 1925 by Harold Ross, it was a lighthearted, satirical magazine designed for the city’s social elite. Early issues leaned into what articles editor Susan Morrison called a “fizziness and café society […] vibe.”

    Originally focused on humour and satire, the magazine gradually developed into a serious publication known for long-form journalism, in-depth political analysis and high-calibre fiction.

    World War II marked a turning point. The war demanded serious, in-depth reporting, and The New Yorker rose to the challenge.

    As Morrison observes:

    It was the war which really helped The New Yorker find its feet in terms of important non-fiction reporting […] with many more substantial writers on staff able to cover subjects at length and in detail and with authority.

    The shift towards serious investigative journalism was evident in the groundbreaking 1946 publication of John Hersey’s Hiroshima, which took up an entire issue. The approach of dedicating extensive space to a single subject was repeated at key historical moments, such as the death of Princess Diana and the September 11 attacks on the World Trade Center.

    A special issue was released on September 15 1997 to memorialise Princess Diana.
    The New Yorker

    Compelling readers to slow down and engage

    With some 47 issues delivered annually, The New Yorker demands readers carve out time to engage deeply with a range of hard-hitting topics. Its style of slow investigative journalism can’t be consumed in a few seconds while scrolling through social media.

    Alongside its seriousness, it retains some of its effervescence through comics and extraordinary breadth, drawing readers into unexpected topics – neuroscience, fountains, squirrels – through meticulously crafted narratives.

    The magazine continues in this dual function tradition, reflecting the nuance of the wider world within its covers. The tension between the immense depth and breadth of content and the finite time of readers adds to its allure. It’s a challenge for those willing to invest the time to peruse and digest its pages.

    David Remnick, editor since 1998, has guided the magazine with a vision that blends tradition and innovation. In his own words, the goal is to

    persist in our commitment to the joys of what Ross first envisaged as a comic weekly. But we are particularly committed to the far richer publication that emerged over time: a journal of record and imagination, reportage and poetry, words and art, commentary on the moment and reflections on the age.

    The elegant trappings of a storied past

    While the approach to content has evolved, some aspects of The New Yorker have remained consistent. Its visual identity, for instance, has been remarkably stable: famously done in an illustrative style, and unadorned by headlines or teasers.

    The vintage aesthetic of the illustrative covers traces its origins back to 1925. The magazine employs a mix of in-house artists and freelance illustrators, with a history of collaboration with notable artists including Saul Steinberg and Art Spiegelman.

    Over time, the cover art has maintained a focus on bold, thought-provoking imagery that addresses timely issues. Many covers have become cultural history, such as the black-on-black 9/11 cover.

    Today, the New Yorker’s pared-back style conveys a quiet authority. It’s not swayed by fleeting trends, but remains steadfast in its dedication to art and culture, and its origins.

    More than a magazine

    Subscribing to The New Yorker isn’t just a matter of interest; it’s an act of intellectual self-definition. Our media choices are powerful tools in our process of self-creation.

    Popular cultural and media theorists, such as John Fiske and John Hartley, to name a few, have explored how media shapes and reflects our sense of self.

    The New Yorker has built an enviable devotion among its readers. Their homes are filled with stacks of old issues, unopened, standing as testament to their ongoing relationship with the publication.

    To subscribe to the magazine is to participate in a cultural shorthand – an aspiration toward intellectual engagement.
    Shutterstock

    Owning the magazine also signals an affiliation with a specific reading class, regardless of whether the content is ever read. The very act of displaying The New Yorker fashions an image of sophistication, intellectualism and cultural awareness.

    But the stacks come with a distinct kind of guilt, too. What does it say about you that you haven’t made time to stay up to date with one of the world’s most famous outlets for investigative journalism and cutting-edge fiction?

    This tension speaks to the dual nature of The New Yorker experience: holding onto a subscription signals a commitment to personal growth, yet unread magazines reflect the complexity of modern life – where time for deep, reflective reading competes with daily obligations and the instant gratification offered by digital media.

    The New Yorker’s significance isn’t just about the quality of its investigative journalism or the breadth of its storytelling; it’s about identity. To subscribe is to participate in a cultural shorthand – an aspiration toward intellectual engagement.

    And who knows, if you hold onto your copies long enough, perhaps they’ll become valuable relics commanding prices in the thousands, much like the first issue does today.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. From satire to serious journalism – how The New Yorker has shaped a century of thought – https://theconversation.com/from-satire-to-serious-journalism-how-the-new-yorker-has-shaped-a-century-of-thought-249376

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Schools still assume students have a mum and dad who are together. This can leave separated parents ‘completely out of it’

    Source: The Conversation (Au and NZ) – By Renee Desmarchelier, Associate Professor, Critical Pedagogies, University of Southern Queensland

    Pixdeluxe/Getty Images

    In 1987, UK researchers lamented how schools were organised “around the assumption that the nuclear family is the norm”. Families who did not fit this model were “either ignored (tactfully) or categorised as abnormal”.

    Several generations have passed through schools since then. And as we know, it remains very common for parents to be separated or divorced. In Australia, about 28% of children under 14 have parents who are separated.

    But in our new research, interviewees report surprisingly little has changed in schools’ interactions with separated parents in the past 40 years.

    They say schools still treat the nuclear family as the default and assume students have a mum and dad who are together.

    Schools are preoccupied with the ‘primary parent’

    We interviewed 11 separated parents about their experiences with their children’s schools. These parents were a subgroup from our previous study, which found more than half of separated parents surveyed had negative experiences with their children’s teachers, principals and school administrators.

    Our interviewees repeatedly talked about how school information systems (regardless of whether they were for private or public schools) required families to identify a “primary parent”.

    This was the parent who the school contacted if the child was unwell or to discuss a school-related issue. This parent also received all school-related communications: newsletters, excursion notes, medical updates, report cards and invoices for school fees.

    There seemed to be no way for school systems to accommodate diverse families for whom identifying a “primary parent” was more complicated.

    A number of separated parents said they needed to “combat” the school to receive the same updates and information as the nominated primary parent. One father’s contact details had to be entered into the system’s allergy advice section to flag he should be contacted if his child became unwell.

    Another father told us his child’s school insisted the primary parent “needs to be the mother”, even though he had majority care.

    Separated parents in our study said they needed to ‘combat’ their child’s school to get important information.
    Peopleimages.com/Shutterstock



    Read more:
    ‘The teacher returned the call to my ex’: how separated parents struggle to get information from their child’s school


    Parents can be kept in the dark

    The type, amount and timing of information non-primary parents received primarily depended on their relationship with their ex-partner. For amicably separated parents, the situation was difficult but workable. As Amanda told us:

    [One of the biggest challenges] is trying to work out ‘Did you get this email?’, ‘Did you get that one?’, ‘What’s happened with this note?’, and then kind of working out amongst ourselves how to best manage that if only one of us is receiving information.

    But parents in high-conflict situations sometimes found themselves shut out by the other parent or the school itself.

    Even though there were no court orders in place, Michael reported his children’s mother excluded him from school communications and withheld information, which made it impossible for him to be actively involved in his children’s schooling.

    When I contacted the school and said, you know, that I either wasn’t receiving any information or that all the notices suddenly weren’t coming to me, they said, ‘Oh, we’re not going to get involved’. And so, I was left completely out of it.

    The ‘primary parent’ is contacted if a child is sick at school or if there is a school-related issue that needs to be discussed with the child’s family.
    Chai Te/Shutterstock

    Situations can be manipulated

    Parents also reported the primary parent can manipulate school interactions. In high-conflict relationships, school information can be used to elevate one parent into a position of power.

    Again, Michael explained how his children’s mother kept from him important information about school fees and homework. His ex-partner’s legal team then used his non-payment of fees and lack of signatures in a homework book to demonstrate Michael’s purported lack of engagement in his child’s schooling and to imply his negligence as a parent.

    This is an extreme example. However, Michael’s situation speaks to the complex politics of parent–school engagement.

    While some parents found teachers open and receptive to involving both parents, others reported some teachers “take sides” and can be unresponsive to parent requests for basic school-related information.

    What about step-parents?

    Some parents in our study had become step-parents after re-partnering. These parents explained they were heavily involved in the day-to-day lives of their step-children but the school did not recognise them as parental figures.

    Step-parents didn’t have access to parent–teacher interviews and school reports, or even basic information about school activities. While acknowledging the primacy of the biological parent, step-parents wondered why the school could not include all parent figures in a child’s education.

    As Michelle explained:

    I guess it takes a while to be fully recognised as a parent or carer […] It’s just that it would have been nice if there was a little bit more of a conscious effort from the school.

    The nuclear family is still seen as ‘normal’

    While working with separated parents is not a new phenomenon for schools, it seems to be an area in which schools have made little progress.

    Our research demonstrates schools need more effective policies and procedures so all parents can be included and involved. Schools also need improved support and education for staff in how to manage high-conflict co-parenting relationships.

    Finally, school systems, including data infrastructures and software, must be able to accommodate and properly acknowledge diverse families.

    As the 1987 study noted:

    Until each school defines its philosophy of the family in a realistic way, teachers, parents, and pupils have no option other than to collude in maintaining the fiction that the nuclear family is normal.

    Names have been changed.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Schools still assume students have a mum and dad who are together. This can leave separated parents ‘completely out of it’ – https://theconversation.com/schools-still-assume-students-have-a-mum-and-dad-who-are-together-this-can-leave-separated-parents-completely-out-of-it-248772

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Video: Human Rights Council, CARICOM & other topics – Daily Press Briefing | United Nations

    Source: United Nations (Video News)

    Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

    Highlights:

    – Human Rights Council
    – Secretary-General/as CARICOM
    – Haiti
    – Deputy Secretary-General
    – South Sudan
    – Libya
    – Democratic Republic of the Congo
    – Central African Republic
    – Occupied Palestinian Territory
    – Israel/Palestine
    – Ukraine
    – World Day of Social Justice
    – Financial Contribution

    HUMAN RIGHTS COUNCIL
    On Sunday, the Secretary-General will arrive in Geneva, where he will take part in the opening of the 58th session of the Human Rights Council, which is scheduled to kick off on Monday morning.
    In his remarks, the Secretary-General is expected to say that without respect for human rights, sustainable peace is a pipedream.
    He will also state that breathing life into the work of the Human Rights Council and the Pact for the Future can help end the suffocation of human rights that we see around the world.
    The Pact calls for peace processes and approaches rooted in the key pillars that reinforce human rights — from the Universal Declaration to international law and the UN Charter, he is expected to add.
    Later in the day, he is also expected to address the high-level segment of the Conference on Disarmament. He is expected to call on Member States to seize the fresh momentum provided by the Pact for the Future to make tangible progress on disarmament issues.
    While in Geneva, he is expected to hold a number of bilateral meetings.
    He will be back in New York on Monday night.

    SECRETARY-GENERAL/CARICOM
    Before he heads to Geneva he has to conclude his trip to Barbados, he is currently in Bridgetown as you know he is attending the 48th Regular Meeting of the Conference of the Heads of Government of the Caribbean Community, also known as CARICOM.
    This morning, he participated in a closed session with CARICOM Heads of Government, where he exchanged views on pressing issues in the region, such as finance, climate and security, with a focus on Haiti.
    Last night, at the opening ceremony, the Secretary-General said that the exquisite beauty of the Caribbean is famed the world over, but that there is trouble in paradise. He noted that wave after wave of crisis is pounding the people of the Caribbean and their islands – with no time to catch their breath before the next disaster strikes.
    Stressing that international solutions are essential to create a better today and a brighter tomorrow for the wonderful region and for the world, the Secretary-General said that he sees three key areas where, together, we must drive progress. First, he said, unity for peace and security, particularly to address the appalling situation in Haiti – where gangs are inflicting intolerable suffering on the people of Haiti.
    The Secretary-General added that he will soon report to the Security Council on the situation in Haiti, including proposals on the role the UN can play to support stability and security and address the root causes of the crisis.
    The Secretary-General further highlighted unity on the climate crisis and sustainable development as areas where progress is needed.
    Also yesterday, he held a bilateral meeting with Prime Minister Mia Mottley the host of the meeting, where they exchanged views on regional and global issues, particularly the situation in Haiti and climate change. He commended Barbados for spearheading efforts to advance reforms to the international financial architecture through the Bridgetown Initiative 3.0.
    And this morning, he also met with the Prime Minister of Jamaica, Andrew Holness, with the Presidential Adviser of the Transitional Presidential Council of Haiti, Laurent Saint-Cyr, and with the Secretary-General of the Commonwealth, Patricia Scotland.
    He will be heading back to New York this afternoon.

    Full Highlights: https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=20%20February%202025

    https://www.youtube.com/watch?v=M3TthtRQgzg

    MIL OSI Video

  • MIL-OSI USA: Barr, Risks and Challenges for Bank Regulation and Supervision

    Source: US State of New York Federal Reserve

    Banks play an indispensable role in an economy that works for everyone.1 They enable households to borrow to buy a home, save for the future, and deal with the ups and downs of managing finances. Banks provide the credit for businesses to smooth out income and expenses, supply capital to seize new opportunities and create jobs, and facilitate the flow of payments that are the lifeblood of our economy. And banks borrow from households and businesses as well, such as through federally insured deposits. Because of these vital roles, we need to make sure that banks are resilient and serve as a source of strength to the economy in both good times and when the financial system comes under stress. In our market economy, like any business, banks compete with each other and pursue profits by balancing risk-taking with safety and soundness. But because of the key role banks play in the economy, and the fact that banks do not fully internalize the costs of their own failure, regulation and supervision must ensure that banks do not take on excessive risks that can cause widespread harm to households and businesses.
    Bank failures are as old as banking, and we’ve seen repeated waves of bank failures over the centuries. America learned that hard lesson nearly 100 years ago, when bank failures played a central role in the Great Depression. In response, the United States—and many other countries around the globe—set up a system of deposit insurance and enabled emergency lending in times of stress. To balance the moral hazard of the federal safety net, Congress established a framework of regulation and supervision to make it more likely that banks internalize the costs to society of their risk-taking.
    But finance is always evolving, and the buildup of new risks led to the banking crisis of the 1980s, and then to the Global Financial Crisis, with devastating consequences. Weaknesses that were revealed in regulation and supervision led to unprecedented and unpopular bailouts, and shuttered American businesses, devastated local communities with foreclosures, and millions of individuals lost their jobs and their livelihoods. Government responded in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and in regulatory reforms by significantly strengthening bank oversight to curb excessive risk-taking. The message from the American people was clear: risk-taking must be balanced with the overarching need to maintain a resilient banking system that can continue to play its crucial role for households and businesses in good times and in bad.
    Another, perennial lesson from the history of bank regulation and supervision is that the job is never done, and that the constant evolution of finance means risks will also evolve. As Vice Chair for Supervision, I have recognized the need to approach this mission with humility, aware that I don’t have all the answers or perfect foresight of where things can go wrong. Both regulators and banks are limited in our ability to comprehensively identify and measure risks. Our financial system is complex, interconnected, and evolving. We cannot fully appreciate how a specific vulnerability can interact with other vulnerabilities to amplify and propagate risk in the face of shocks, let alone accurately anticipate shocks in time to avoid them.
    When I became Vice Chair for Supervision in July 2022, the Global Financial Crisis was almost 15 years past, and much had been done to strengthen the resilience of the system to reflect lessons learned. But in March 2023, we experienced the second largest bank failure in history, Silicon Valley Bank (SVB), and the subsequent failures of Signature Bank and First Republic Bank. SVB’s failure triggered stress throughout the system and required the issuance of a systemic risk exemption and the creation of an emergency bank lending program.2 We have made some progress toward addressing the gaps that led to the failures. But there will be headwinds that we must guard against in the coming years, as well as ongoing vulnerabilities and areas of risk that require continued vigilance.
    Earlier this year, I announced I would step down as Vice Chair for Supervision but remain a member of the Board of Governors. It has been an honor and a privilege to serve as vice chair for supervision, and to work with colleagues to help maintain the stability and strength of the U.S. financial system so that it can meet the needs of households and businesses. I’ve determined that I would be more effective in serving the American people from my role as governor. In this role, I’ll continue to participate in monetary policy deliberations and vote on matters before the Board, including those related to supervision and regulation.
    While it was a tough decision to make, I believe it was the right decision for the institution and, more importantly, for the public, whom we serve. The risk of a dispute over my position would be a distraction from our important mission. I feel strongly—as Chair Powell has said publicly many times—that the independence of the Federal Reserve is critical to our ability to meet our statutory mandates and serve the American public. Put simply, our mission is too important to let such a dispute distract from doing our job for the American people.
    Since my term for Vice Chair for Supervision will end later this month, I’d like to use one of my last opportunities as Vice Chair to discuss seven specific risks ahead: (1) maintaining and finishing post-financial crisis reforms; (2) maintaining the credibility of the stress test; (3) maintaining credible, consistent supervision; (4) encouraging responsible innovation; (5) addressing cyber and third-party risk; (6) risks in the nonbank sector; and (7) climate risk. Each will continue to be a risk in either the near- or long-term.
    Maintaining and Finishing Post-Financial Crisis ReformsThere is always push back on financial regulation. I felt that even in the wake of the Global Financial Crisis, as I helped to draft the legislative response to that crisis, the Dodd-Frank Act.3 And I felt that over the last few years as we worked to finish the job of post-crisis financial reform and take up evolving threats revealed from the latest bank stress. It is important to get the balance right, but it is also important to stand up for the American people.
    I urge regulators to finish the job of implementing the final plank of the Global Financial Crisis reforms—and not to dismantle the hard-fought resilience that banks have built up in the process. Of course, there are always ways to increase efficiency and reform prior methods without costs to resiliency, and I support those efforts. But as I’ve spoken about many times, capital is critical to absorb losses and enable banks to continue operations through times of stress, and capital requirements should be aligned with the risks that banks take.4 The Basel III endgame reforms include many improvements to how we measure credit, trading, operational, and derivatives risks in light of our experience in the Global Financial Crisis. All major jurisdictions except the United States have finalized rules that would implement these standards for their internationally active banks.
    The Federal Reserve played a central role in developing these standards in the many years before my arrival as Vice Chair. The Board sought comment on a proposal in July 2023 to implement the Basel III reforms, and we received a wide range of comments on the proposal.5 On the basis of those comments, I took steps last fall to outline broad and material changes that would better balance the benefits and costs of capital in light of comments received and would result in a capital framework that appropriately reflects the risks of banks.6 These reforms had broad consensus on the Board and the support of the heads of the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation.
    When the U.S. provides leadership in international forums like Basel and then follows through, we set a powerful example and establish a standard that other jurisdictions also uphold. Implementing international standards enables U.S. firms to compete on a level playing field across the globe and makes the system safer. When we don’t follow through on our commitments, for whatever reason, concerns about a level playing field rise in other jurisdictions, in an international “race to the bottom” on standards. This harms us all and makes U.S. banks less competitive. And unless the U.S. implements these standards, other jurisdictions will force U.S. banks operating abroad to meet their standards instead.
    Let me turn to unfinished business from the March 2023 banking stress. In that event, we learned that bank runs and bank failures can happen fast, much faster than before. Before SVB, the largest bank to fail did so over a period of several weeks. The deposit losses experienced by SVB were much greater in both relative and absolute terms, and they occurred in less than 24 hours.7
    Over the past two years, the Federal Reserve has worked with banks to improve their ability to borrow from the discount window, and the financial system’s collective readiness has improved significantly compared to pre-SVB, including with a substantial increase of $1 trillion in collateral pledged across the system.8 The Federal Reserve has also worked to improve the functioning of the discount window, through a concerted effort to gather public input and identify areas for modernization. These efforts have improved the ability of banks to weather stress, both individually and collectively, which enhances financial stability.
    However, there is still more work to do. For instance, banks, even the largest banks, are not currently required to establish a minimum level of readiness at the window, and, as a result, there are outlier firms that are not prepared for stress. This needs to change. Without a requirement there is also a significant risk of backtracking on the substantial progress in readiness we have made since March 2023.
    Another important lesson from SVB is a classic one: balance sheet vulnerabilities among a group of institutions can be a source of contagion for the financial system and thus a key stability risk. While we did much to improve the resilience of global systemically important banks (G-SIBs) in the past decade, March 2023 showed that significant systemic risks can develop and spread from stress anywhere in the system, including in large and regional banks that are not G-SIBs.9
    The resilience of these firms has improved as they have recognized their vulnerabilities, and we have worked through supervisory channels to encourage risk-management practices that put them on a firmer footing. But we also need to put in place more durable solutions to address risks. For one, the level of capital held by large banks needs to align with the underlying risks on their balance sheets. One important step would be to finalize the requirement that all large firms reflect unrealized losses on available for sale securities in their capital, which is a reform with broad agreement. This will help them manage interest rate risk before it gets to extreme levels, a significant problem revealed in the banking stress of two years ago.
    Another lesson from the spring of 2023 is that large and regional banks—as well as G-SIBs—should ensure that they can actually monetize the securities on which they rely for their liquidity. Why does this matter? Banks need to be able to turn a portion of their assets into cash with a speed sufficient to meet outflows when uninsured depositors or other short-term creditors demand it. Regulation needs to reflect realistic assumptions about monetization.
    We should also consider updating some assumptions about deposit outflows in our liquidity requirements so that they better align with observed stress behavior. During the stress in 2023, we saw uninsured deposits from high-net worth individuals and certain entities, such as venture capital firms, behave more like highly sophisticated financial counterparties than nonfinancial companies or ordinary retail depositors, which is how they are generally treated in regulations.10 This mis-measured risk of deposit outflows means banks may not have sufficient liquidity to manage a stress period.
    In a related vein, banks have stepped up their use of reciprocal deposit arrangements—arrangements where deposits are spread across many banks within a network—as a way to manage the risk of deposit amounts over $250,000.11 While this arrangement spreads risk across the banking system, it is a strategy that has not been tested in a large-scale stress event. It is only logical to wonder how the attenuation of relationships between customers and banks under reciprocal arrangements will affect the behavior of depositors worried about a bank run. We also need to be attentive to operational risks in these arrangements, as well as the risk-management capacity of these companies to manage these relationships under stress.
    A final lesson from the bank stress two years ago is that we need to do more to ensure that all banks that come under stress can be resolved in an orderly fashion. One way to do this would be to require all large banks—including those that are not G-SIBS—to issue certain amounts of long-term debt. This would have helped reassure depositors worried about the stability of bank funding and aided in the eventual resolution of at least some of the banks that came under stress in 2023. The banking agencies have proposed a rule on long-term debt requirements, we have received many helpful comments that led us to adjust it in draft form, and I support moving forward to finalize it with those adjustments.12
    As I mentioned, revised Basel III standards, revised long-term debt requirements, and to-be-proposed liquidity standards would help to address gaps in our current framework, and I continue to believe that they should move forward.
    Moreover, banks and supervisors should also stay vigilant to known risks in the current environment. For instance, risks remain in the commercial real estate market, particularly within the office segment, as borrowers may find it difficult to refinance maturing loans. And interest rate risk, especially for those with high levels of uninsured deposits, remains a key area of focus.
    Maintain the Credibility of the Stress TestWe face a challenging environment with the Federal Reserve’s annual stress tests. The stress tests helped the financial sector emerge from the Global Financial Crisis and rebuild its credibility. The annual stress tests are still important to the financial sector’s credibility today. The stress tests help banks, market participants, and supervisors understand the banks’ vulnerabilities to shocks and to guard against those shocks by holding sufficient capital.
    In December, the Board announced that, due to the evolving legal landscape, we would be undertaking significant changes to the stress tests to reduce capital volatility and improve transparency.13 While I recognize that we need to increase transparency to reflect changes in the legal environment in which we operate, there are good reasons why I and many of my colleagues and predecessors have been averse to such full disclosures since the inception of the stress test fifteen years ago. There are several risks that we will need to guard against.
    First, we need to guard against the risk that the process results in reduced capital requirements. As they did during the Basel III process, banks are likely to argue against various aspects of the Fed’s models that result in higher capital requirements, and not to highlight the areas in which the models underestimate risks. We should take those comments on the Fed’s models seriously and adjust the models as appropriate, but we should be careful not to overcorrect and lower bank capital requirements in ways that underestimate aggregate risk. The Administrative Procedure Act should be a vehicle for transparency and public input into agency action, not used to weaken regulatory requirements that preserve the safety and stability of our financial system.
    Second, we need to guard against the risk that banks lower their capital requirements because of increased transparency. Increased disclosure of details about the Fed’s stress models could enable banks to optimize stress test results by adjusting their balance sheet based on their knowledge of where the models underprice risk, in order to reduce their capital requirements without materially reducing risks. Gaming the test in this way would be a bad outcome for risk management and our economy.
    Third, banks are likely to change their behavior in other ways that increase risk. We should be aware of the risk that full transparency into the models and scenarios used by regulators could discourage banks from investing in their own risk management if the test becomes too predictable. Full transparency may also encourage concentration across the system in assets that receive comparably lighter treatment in the test. And banks are likely to reduce their management buffers over required levels, which will bring greater risks of breaching the minimums and regulatory buffers when a significant risk event eventually happens.
    The fourth risk, and perhaps the greatest one, is that over time, given the difficulty of navigating the notice and comment rulemaking process on an ongoing basis to update the models we use, the dynamism and accuracy of the stress test will fade.14 And as the events of two years ago show, it is hard to predict where risks will emerge in the financial system; an inherent challenge of preserving the relevancy of stress testing is coming up with a set of adverse scenarios that are novel enough, and dynamic enough, to reflect the risks that banks may face from unanticipated developments. I believe that the Fed should commit to investing in a credible, effective process to maintain the dynamism of the binding stress test by regularly updating its models and scenario variables to reflect changes in the environment and changes to bank behavior. This will require resources and a strong commitment up front and over time, but it will be necessary to maintain a credible stress test.
    One effort we’ve already undertaken should help: to maintain the dynamism of the stress test, we launched exploratory stress scenarios to consider a wider range of possible conditions.15 The Fed used this approach during the pandemic, and we’ve now made it a regular part of our annual stress test exercise.16 The exploratory scenarios are not used to set binding capital requirements and are only reported on an aggregate level, but they help the Fed better understand risks posed to individual banks and to the banking system as a whole that are not captured in binding scenarios. I hope and trust that the Fed will continue this important analytical work.
    As an additional backstop to help ensure banks have sufficient capital to withstand losses, the Fed should preserve its discretion to set individually binding capital requirements on firms based on supervisory judgment under the International Lending Supervision Act. Jurisdictions around the world undertake a similar process under a so-called Basel “Pillar 2” approach, and the United States would benefit from using such a framework as well. That is all the more important given the changes the Fed is undertaking for the binding stress tests.
    Maintaining Credible, Consistent SupervisionAnother area warranting continued vigilance is supervision. There will undoubtedly be calls to revamp supervision to reduce burden. And I am all for making sure supervision is the most effective and efficient it can be. Supervisors need to focus on the most urgent and important risks, and not burden firms with unnecessary or distracting matters. But we need to be careful to preserve and enhance the ability of supervisors to act with speed, force, and agility as appropriate to the risk.
    Supervisors have emphasized proactive supervisory engagement, which helps banks address issues before they grow so large as to threaten the bank or broader financial stability. Earlier intervention means that firms are likely to have more options to fix their problems, with little impact on bank profitability.17
    We should continue work to improve the effectiveness of our supervision and use data-driven analysis to improve our scoping and prioritization of supervisory issues. I support this work to the extent that it makes our supervision more effective and focused on the right issues. But the Board should resist initiatives that impede effective supervision by discouraging examiners to flag issues early, or initiatives that increase unnecessary process around issuing findings in a manner that impedes the speed and agility of supervision when it is needed. More generally, supervision is another area in which “efficiency and competitiveness” should not be used as an excuse for lax oversight that significantly impairs the safety and soundness of individual institutions and undermines broader financial stability.
    We should take caution from our experience with SVB. While some have claimed that the examiners at SVB did not focus on the right issues, it’s important to highlight that the Office of Inspector General (OIG) concluded that the Fed allocated an insufficient number of examiner resources to SVB while in the RBO portfolio, and that the examiners assigned to SVB as it was growing did not have sufficient expertise in supervising large, complex institutions.18 Once it was in the large bank portfolio, examiners highlighted the risk from interest rate risk and uninsured depositors, but did not act with sufficient force to get the bank to change course in a timely way. We’ve made important changes since then, but we need to be sure we get the staff resources in place, and provide support to examiners on the front line, so that they can act with the speed, force, and agility warranted by the facts.
    Encouraging Responsible InnovationAnother set of risks involve those related to the role of innovative technology in the financial sector. Innovation, when done responsibly, brings tremendous benefits to consumers, financial institutions, and the economy at large. For instance, blockchain technology underlying crypto-assets has the potential to make financial services better, cheaper, and faster. Responsible use of this technology could make banking more efficient and accessible to more consumers.
    With any new technology, there are new risks. To achieve the benefits in a durable manner over time, we must ensure that the associated risks are managed appropriately. With crypto-assets, investors do not currently have the structural protections they have relied on for many decades in other financial markets. It is important that those guardrails are put in place to avoid issues such as the misuse of client funds, misrepresentations, obfuscation about availability of deposit insurance, and fraud. We should also recognize that some of the attractive attributes of crypto-assets—the pseudonymous actors that are parties to transactions, the ease and speed of transfer, and the general irrevocability of transactions—also make crypto-assets attractive for use in money laundering and terrorist financing. It is encouraging to see innovators develop tools and processes to better manage these risks, while harnessing the benefits of the technology. But regulation and supervision also have an essential role to play.
    Responsible innovation is in everyone’s interest. In the past few years, we stood up the Novel Activities Supervision Program, which dedicates resources to understanding how technology is transforming banking and supports banks’ ability to innovate while ensuring that banks clearly understand and manage the risks associated with innovative activities.19 I hope and trust that approach will continue.
    Addressing Cyber and Third-Party RiskCyber risk from both foreign powers and non-state actors has become a major concern for banks, and regulators will need to ensure that these risks are being properly managed. The operational disruption propagated through a third-party security company last summer was a wake-up call for banks and regulators about vulnerabilities in a system where security is outsourced. Disruption of one of these critical systems may compromise a bank’s ability to execute important functions and adversely affect individual firm safety and soundness as well as the broader financial system. Given the significant concentration in the IT industry, we should expect operational failures at single IT entities to have potentially far-reaching effects, no matter their original cause. And advances in artificial intelligence are likely to give bad actors new tools for fraud and infiltration, while also providing banks with new tools to combat these attacks. Both banks and the Federal Reserve need to continue to invest in cyber resiliency.
    Risks in the Nonbank SectorLet me speak next to the perennial concerns of intermediation by financial firms outside the bank regulatory perimeter. An increasingly varied and evolving collection of nonbank clients, including hedge funds, private credit, and insurance companies, is playing a significant role in the global economy and presenting new risks.
    Beginning with hedge funds, bank exposures to hedge funds have risen over the past several years, and concurrently, hedge fund leverage remains near historic highs.20 Archegos’s failure revealed the risks presented by hedge funds and the degree of interconnectedness between banks and hedge funds. And the exploratory analysis as part of last year’s stress test showed that banks have material exposures to hedge funds under certain market conditions, and that the hedge fund counterparty exposures can vary significant based on the specific set of shocks.21
    One area that has grown substantially is the Treasury cash-futures basis trade.22 The basis trade helps provide liquidity and price discovery in normal times, as hedge funds trade with asset managers and other financial institutions to align returns to holding Treasury securities and related futures. But the trade involves high levels of leverage, which can contribute to a rapid unwinding in positions and exacerbate market stress, as we saw in the spring of 2020. In principle, margining practices and participants’ risk-management activities should limit these risks, but individual firms do not account for the spillovers their actions can have on market functioning. These externalities suggest a role for regulation, and the central clearing mandate for Treasury market trading is an important step in supporting the resilience of this market. At the same time, we need to continue to consider how we can support the collection of minimum margin across trading venues and in bilateral trades to avoid loopholes and risks, and continue to monitor banks’ credit risk management practices with these hedge fund counterparties.
    Another area that has experienced rapid growth in recent years is private credit, which is now comparable in size to the high-yield bond market and leveraged loan market.23 Traditional private credit arrangements rely on limited leverage and generally have long-term funding, making them less vulnerable to the deleveraging spiral associated with high leverage and short-term funding. Nonetheless, risks may be growing. The connections between private credit and banks have been expanding, and private credit remains opaque, with limited information relative to asset classes of similar size.24 Moreover, the rapid growth and opacity of the sector raise the risk that recent private credit arrangements may be assuming new risks. Retail investors can now gain exposure to the asset class through mutual or exchange traded funds, which could present the age-old consumer and financial stability risks we see when opaque, illiquid assets are converted to liquid ones.25
    We also need to monitor risks in the insurance industry. Households planning for retirement often rely on life insurance companies to provide them a steady stream of income. In principle, life insurance companies are the ultimate patient investor and thus the natural vehicle to finance long-maturity and risky projects. Indeed, while venture capital funding gets a lot of the attention, mobilized retirement savings through life insurance companies have supported long-term investments in capital-intensive projects. However, life insurance companies, just like other financial institutions, can overpromise and be tempted to take on greater risk than their liability holders or regulators appreciate. Given the complexity of some investment vehicles, the institutions themselves may not fully appreciate all of the risks. The life insurance sector has been changing. Even as the life insurance industry has been increasing its holdings of assets originated by private equity firms, private equity firms have been acquiring life insurers directly. Moreover, private-equity-affiliated insurers rely more heavily on nontraditional liabilities, which may prove flighty in a stress event. This is something to watch carefully. In the next business cycle downturn, it’s possible that unexpected losses at insurance companies could lead to a sharp pullback and deeper credit crunch.
    Climate RiskFinally, regulators will need to continue to confront the financial risks from climate change. The Federal Reserve has a responsibility to recognize emerging risks to the safety and soundness of banks, to the ability of households and businesses to access financial services, and to financial stability. Costly natural disasters could present just such risks.
    The recent wildfires in California should be a wake-up call that we need to focus on how insurance markets will need to adjust to more frequent and severe weather events. The loss of life and hardship borne by many households is tragic, and the economic losses associated with the wildfires, while uncertain, are likely to be among the largest losses from a natural disaster on record. The wildfires should remind us of the problems in property and casualty insurance markets—just as the severe flooding caused by Hurricane Helene reminded us of significant gaps in flood insurance coverage.
    Often the structure and regulation of insurance markets prevents risk from being appropriately priced, limiting the ability of market signals to influence development and adaptation in high-risk areas and contributing to the buildup of risks. And there is a broader question of the extent to which private capital will be sufficient to cover increasing natural disaster risk.
    The Federal Reserve has an important but narrow role to play with respect to climate change, and that is to focus on risks from climate change to bank safety and soundness and financial stability. The pilot climate scenario analysis conducted by the Federal Reserve was an important step forward in assessing the capacity of the largest banks, as well as in building our own capacity, to perform the kind of analysis that is increasingly crucial as risks arising from more severe weather events become a driver of financial risk for specific firms and the broader economy.26 Guidance for the largest banks also plays an important role in reminding banks of basic principles in prudent risk management as it applies to these types of climate-related risks.
    ConclusionIn conclusion, the United States has the benefit of a strong, vigorous economy, the deepest and most liquid markets in the world, and a critical place in the world economy through the role of the U.S. dollar. The Federal Reserve has an essential role in maintaining the strength and resilience of the U.S. economy, including through its vigilance about the risks I discussed today. A strong and resilient banking system benefits the American people. We need to be humble about our ability to predict shocks to the financial system, and how they will propagate through vulnerabilities in the system. That is why it is so important to have strong regulation and supervision as shock absorbers to protect households and businesses from risks emanating from the financial system.
    In closing, I want to speak directly to the staff of the Federal Reserve and express my deep gratitude. Your rigorous analysis and deep expertise are fundamental to our ability to promote a strong and stable financial system that serves the American people. Thank you for your outstanding service.

    1. The views expressed here are my own and are not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee. Return to text
    2. Board of Governors of the Federal Reserve System, Department of the Treasury, and Federal Deposit Insurance Corporation, “Joint Statement by Treasury, Federal Reserve, and FDIC,” press release, March 12, 2023; and Board of Governors of the Federal Reserve System, “Federal Reserve Board Announces It Will Make Available Additional Funding to Eligible Depository Institutions to Help Assure Banks Have the Ability to Meet the Needs of All Their Depositors,” press release, March 12, 2023. Return to text
    3. See, e.g., U.S. Department of the Treasury, “Remarks by Assistant Secretary Michael Barr” (speech at the Financial Times Global Finance Forum, New York, NY, December 2, 2010). Return to text
    4. See, e.g., speeches by Michael S. Barr: “Why Bank Capital Matters” (speech at the American Enterprise Institute, Washington, D.C., December 1, 2022); “Holistic Capital Review (PDF)” (speech at the Bipartisan Policy Center, Washington, D.C., July 10, 2023); “The Next Steps on Capital” (speech at the Brookings Institution, Washington, D.C., September 10, 2024); and “On Building a Resilient Regulatory Framework” (speech at Central Banking in the Post-Pandemic Financial System 28th Annual Financial Markets Conference, Fernandina Beach, FL, May 20, 2024). Return to text
    5. Board of Governors of the Federal Reserve System, “Agencies Request Comment on Proposed Rules to Strengthen Capital Requirements for Large Banks,” press release, July 27, 2023. Return to text
    6. by Michael S. Barr: “The Next Steps on Capital” (speech at the Brookings Institution, Washington, D.C., (September 10, 2024). Return to text
    7. See “Vice Chair for Supervision Michael S. Barr memo” in Board of Governors of the Federal Reserve System, Review of the Federal Reserve’s Supervision and Regulation of Silicon Valley Bank (PDF) (Washington, April 2023). Return to text
    8. See “Discount Window Readiness”. Return to text
    9. For an earlier perspective, see Hearing on Prudential Oversight before the Senate Committee on Banking, Housing and Urban Affairs (PDF), July 23, 2015 (statement by Michael S. Barr). Return to text
    10. 12 CFR 249. 32-33. Board of Governors of the Federal Reserve System, Review of the Federal Reserve’s Supervision and Regulation of Silicon Valley Bank (Washington, April 2023); and Federal Deposit Insurance Corporation, FDIC’s Supervision of First Republic Bank (PDF) (Washington: September 2023). Return to text
    11. Board of Governors of the Federal Reserve System, Financial Stability Report (PDF) (Washington: November 2024). Return to text
    12. Board of Governors of the Federal Reserve System, “Agencies Request Comment on Proposed Rule to Require Large Banks to Maintain Long-Term Debt to Improve Financial Stability and Resolution,” press release, August 29, 2023. Return to text
    13. Board of Governors of the Federal Reserve System, “Due to Evolving Legal Landscape and Changes in the Framework of Administrative Law, Federal Reserve Board Will Soon Seek Public Comment on Significant Changes to Improve Transparency of Bank Stress Tests and Reduce Volatility of Resulting Capital Requirements,” press release, December 23, 2024. Return to text
    14. That model sclerosis contributed to the failure of the supervisory stress test used for Fannie Mae and Freddie Mac before the Global Financial Crisis, with devastating results. Scott Frame, Krisopher Gerardi, and Paul Willen, “The Failure of Supervisory Stress Testing: Fannie Mae, Freddie Mac, and OFHEO,” Federal Reserve Bank of Boston Working Paper No. 15-4 (October 2015). Return to text
    15. Board of Governors of the Federal Reserve System, Exploratory Analysis of Risks to the Banking System (PDF) (Washington: June 2024). Return to text
    16. Board of Governors of the Federal Reserve System, Assessment of Bank Capital during the Recent Coronavirus Event (PDF) (Washington: June 2020). Return to text
    17. Beverly Hirtle and Anna Kovner, “Bank Supervision,” Annual Review of Financial Economics 14 (2022): 39–56. Return to text
    18. Office of Inspector General, Material Loss Review of Silicon Valley Bank (PDF) (Washington: September 25, 2023). Return to text
    19. See https://www.federalreserve.gov/supervisionreg/novel-activities-supervision-program.htm. Return to text
    20. Board of Governors of the Federal Reserve System, Financial Stability Report (PDF) (Washington: November 2024). Return to text
    21. Board of Governors of the Federal Reserve System, Exploratory Analysis of Risks to the Banking System (PDF) (Washington: June 2024). Return to text
    22. Board of Governors of the Federal Reserve System, Financial Stability Report (PDF) (Washington: November 2024). Return to text
    23. Board of Governors of the Federal Reserve System, Financial Stability Report (PDF) (Washington: November 2024). Return to text
    24. John Levin and Antoine Malfroy-Camine, “Bank Lending to Private Equity and Private Credit Funds: Insights from Regulatory Data,” Federal Reserve Bank of Boston Supervisory Research and Analysis Notes (February 2025). Return to text
    25. Chapter 2 The Rise and Risks of Private Credit in: Global Financial Stability Report, April 2024. Return to text
    26. Board of Governors of the Federal Reserve, Pilot Climate Scenario Analysis Exercise: Summary of Participants’ Risk-Management Practices and Estimates (PDF) (Washington: May 2024). Return to text

    MIL OSI USA News

  • MIL-OSI Security: Lawton Man Sentenced to Serve Life in Federal Prison for Murder After Woman’s Body is Found in Wildlife Refuge

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Co-Defendant Previously Sentenced to Serve 96 Months for Accessory After the Fact to Murder

    OKLAHOMA CITY – TEVIN TERRELL SEMIEN, 30, of Lawton, has been sentenced to serve life in federal prison for second-degree murder and illegal possession of a firearm after a previous felony conviction, announced U.S. Attorney Robert J. Troester.

    According to public record, on May 17, 2023, Karon “Dinkers” Conneywerdy Smith, 68, was found dead in the Wichita Mountains Wildlife Refuge. Investigators searched Smith’s home, which was within Indian Country, and observed blood consistent with a violent struggle. Smith’s vehicle was missing as well. On May 21, 2023, Texas law enforcement observed Smith’s vehicle driving south of Dallas, Texas. Officers attempted to pull the vehicle over, but the vehicle fled at a high speed and eventually crashed into a lake. The two occupants of the vehicle, later identified as Semien and Nicole Leigh Logsdon, attempted to flee on foot but were apprehended.

    On October 17, 2023, a federal grand jury returned a four-count Indictment against Semien and co-defendant Nicole Leigh Logsdon, 25, also of Lawton. The Indictment charged Semien with one count of first-degree premeditated murder, one alternative count of second-degree murder, and one count of illegally possessing a firearm after a previous felony conviction. Logsdon was separately charged with accessory after the fact to murder.

    On April 22, 2024, Semien pleaded guilty to second-degree murder and being a felon in possession of a firearm. As part of his plea, Semien admitted to deliberately and intentionally killing Smith.

    On January 10, 2024, Logsdon pleaded guilty to accessory after the fact to murder and admitted to helping Semien in his attempt to avoid arrest and prosecution. On July 15, 2024, Logsdon was sentenced to serve 96 months in federal prison, followed by three years of supervised release.

    At the sentencing hearing on February 3, 2025, U.S. District Judge Stephen P. Friot sentenced Semien to serve life in federal prison. In announcing his sentence, Judge Friot noted the nature and circumstances of the offense, pointing out that Semien’s choices and conduct amounted to an “unfathomably cruel and depraved murder.” Judge Friot also noted Semien’s criminal history.  Public record further reflects that Semien has previous felony convictions which include burglary in Jefferson County, Texas, and conspiracy to commit second degree burglary in Comanche County District Court case number CF-2022-292.

    This case is in federal court because Smith and Logsdon are enrolled members of the Comanche Nation and the murder occurred within Indian Country.

    This case is a result of an investigation by the FBI Oklahoma City, Dallas, and New Orleans field offices; the Oklahoma State Bureau of Investigation; the U.S. Fish and Wildlife Service; the Comanche Nation Police Department; the Comanche County Sheriff’s Office; the Lawton Police Department; the U.S. Marshals Service; the Rice, Texas Police Department; and the Navarro County, Texas Sheriff’s Office. Special Assistant U.S. Attorney Kaleigh Blackwell and Trial Attorney Mark Stoneman with DOJ’s Criminal Division (former AUSA with the Western District of Oklahoma) prosecuted the case.

    The case furthers the Department of Justice’s Missing or Murdered Indigenous Persons efforts to address violence against Native American individuals. More information about this initiative is at https://www.justice.gov/tribal/mmip.

    Reference is made to public filings for more information. 

    MIL Security OSI

  • MIL-OSI: Blackharbor BD Announces $500 Million Funding Capacity for Gas, Diesel, Oil Sectors and Luxury Home Builders

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, Feb. 20, 2025 (GLOBE NEWSWIRE) — Blackharbor Build and Design (Blackharbor BD), a leading investment and funding partner based in California, proudly announces its capacity to fund up to $500 million in the gas, diesel, and oil sectors, as well as luxury home building projects across the United States and globally.

    This significant financial capacity underscores Blackharbor BD’s commitment to driving growth and innovation within critical energy industries and the high-end real estate market. The company offers strategic financial solutions, including project financing, equity investments, and capital structuring, to fuel energy infrastructure expansion and support premium residential developments.

    “Our $500 million funding capacity reflects our strong financial foundation and our vision to support key industries that are essential for economic growth. We are excited to partner with businesses in the gas, diesel, and oil sectors, as well as luxury home builders, to bring ambitious projects to life,” said [Zane Richardson], [CEO] of Blackharbor BD.

    The $500 million funding initiative is expected to support multiple large-scale projects, including:

    • Expanding refinery and distribution facilities for gas, diesel, and oil.
    • Financing new pipeline construction projects to enhance fuel transportation capabilities.
    • Supporting the construction of high-end residential communities and luxury estates.

    Projected allocations include 60% of the funding directed towards energy infrastructure initiatives and 40% dedicated to luxury real estate projects. Blackharbor BD estimates that its investments will generate over 2,000 jobs across construction, engineering, and project management sectors.

    Additionally, Blackharbor BD offers advisory services, including risk management, market analysis, and financial modeling, ensuring successful project execution. The company prioritizes sustainable investment practices, integrating technologies that reduce carbon emissions in energy projects and partnering with eco-conscious developers in luxury real estate.

    “Our investment strategy is rooted in creating long-term value for our partners and the communities we serve. We take pride in offering tailored financial solutions that meet the unique needs of each project while driving innovation and sustainability,” added Richardson.

    Industry leaders, developers, and stakeholders are invited to explore partnership opportunities and leverage Blackharbor BD’s extensive financial resources. For inquiries, visit www.blackharborbd.com or contact partnerships@blackharborbd.com

    About Blackharbor BD:
    Blackharbor BD is a premier investment and funding partner based in California, specializing in providing financial solutions to the energy and real estate sectors. With a commitment to excellence and innovation, Blackharbor BD empowers businesses to achieve their growth ambitions through strategic investments and funding support.

    The MIL Network

  • MIL-OSI Canada: New committee begins work to dismantle systemic racism

    Source: Government of Canada regional news

    Vinu Abraham Chetipurackal, founder and former co-chairperson, Deaf IBPOC committee, Greater Vancouver Association of the Deaf:

    Chetipurackal is an active member of the Greater Vancouver Association of the Deaf. His role involves promoting racial equity within the Deaf community by fostering respectful and peaceful relationships.

    Denese Caroline Espeut-Post, member, Mental Health Review Board and Health Professions Review Board:

    Espeut-Post previously worked for the Office of the Director of Public Prosecutions as a prosecutor and was a director of the board of the BC College of Social Workers. She was called to the British Columbia bar in June 2009.

    Hermender Singh Kailley, secretary-treasurer, BC Federation of Labour:

    Kailley is a passionate and unwavering advocate for workers’ rights, social justice and anti-racism. His work has been marked by his strong advocacy for justice and inclusion, and his focus on upraising the voices of workers from excluded and marginalized communities.

    Athena Presquito Madan, assistant professor, department of sociology, University of Victoria:

    Madan has 10 years of experience in health equity and evaluation research and 18 years of experience in humanitarian action. She has worked with various organizations, including the Office of the United Nations High Commissioner for Refugees and provincial governments, to grassroots non-government organizations, providing subject-matter expertise on anti-racism.

    Sireen Suleiman El-Nashar, regulated Canadian immigration consultant, and executive director, Zaytuna Services Society:

    El-Nashar is a seasoned community advocate with more than 15 years of experience supporting newcomers and refugees. As the executive director of Zaytuna Services Society, she leads initiatives that empower B.C.’s Arabic-speaking and Middle Eastern communities through education, advocacy and culturally responsive services. 

    Carmel Ayala Tanaka, community engagement professional:

    Tanaka is a community engagement professional. She founded JQT Vancouver (a Jewish queer and trans charitable non-profit), the Cross Cultural Walking Tours and the Jewpanese Project. She holds a masters degree in public health.

    Kimberley Lauren Wong, program manager, hua foundation:

    Wong designs culturally appropriate and anti-racist programs for Asian diasporic youth through their non-profit work in education, mental-health advocacy and social policy. They are a founding board member of Chinatown Today and were the past co-chair of the City of Vancouver’s Chinatown Legacy Stewardship Group.

    Hasan Alam, staff lawyer, B.C. General Employees’ Union (BCGEU):

    Alam practises in the areas of labour and human rights law. He is also the president of the B.C. Civil Liberties Association. In March 2016, he helped co-found the Islamophobia Legal Assistance Hotline, a free and confidential service that offers legal support to individuals impacted by Islamophobia.

    Christine Marie Añonuevo, executive director, Upper Skeena Development Centre:

    Añonuevo is the executive director of the Upper Skeena Development Centre in Hazelton on Gitxsan territory. She works in sustainable community economic development at the intersection of food sovereignty, renewable energy initiatives, employment services and housing.

    Kiyoko Judy Hanazawa, community advocate:

    Hanazawa works with the Greater Vancouver Japanese Citizens’ Association and is a representative at Act2EndRacism National Network. She used to work for the B.C. Ministry of Children and Family Development and was a member of the British Columbia College of Social Workers.

    Ajay Patel, president and chief executive officer, Vancouver Community College:

    Patel is an active community member and was previously the chair for the Vancouver Sport Strategy, vice-chair of Sport BC, and a director at BC Recreation and Parks Association, BC Athlete Voice and SBC Insurance.

    MIL OSI Canada News

  • MIL-OSI USA: Governor Stein Provides Update on Winter Weather, Urges Caution on Treacherous Roads

    Source: US State of North Carolina

    Headline: Governor Stein Provides Update on Winter Weather, Urges Caution on Treacherous Roads

    Governor Stein Provides Update on Winter Weather, Urges Caution on Treacherous Roads
    lsaito

    Raleigh, NC

    Today, Governor Josh Stein and the State Emergency Response Team are providing further updates on the state of winter weather, as well as resources for North Carolinians who are impacted by the storm. Governor Stein advises that all North Carolinians continue to pay attention to their local weather forecasts and stay off the roads as much as possible.  

    “As winter weather continues today, we are doing everything we can to keep North Carolinians safe and respond to the effects of the storm” said Governor Josh Stein. “Frigid temperatures and wet roads are making travel dangerous, resulting in one tragic fatality. Please stay off the roads if you can. If you need help, reach out to your county’s emergency operations center or the North Carolina Disaster Case Management hotline. Please stay safe and check on your neighbors to ensure that they’re safe too.”

    As of noon today, there are an estimated 6,105 power outages statewide, with the majority of those outages in eastern North Carolina communities impacted by ice. The State Emergency Response Team remains activated to support local first responders, energy providers, and the NC Department of Transportation, with the NC National Guard remaining in central and eastern North Carolina to assist on the roadways. This includes 188 guardsmen with 60 vehicles.  

    Officials with the NC Department of Transportation are urging people to avoid unnecessary travel today, as many of the state’s snow-and-ice covered roads are treacherous. The agency has seen numerous crashes yesterday and overnight, including one confirmed fatality, due to people losing control of their vehicles.

    Since the first snow began to fall Wednesday morning, NCDOT’s maintenance crews and contractors have been hard at work clearing roads of ice and snow. More than 2,300 NCDOT employees, in addition to the agency’s contractors, are operating more than 2,200 trucks and motor graders to treat roads. NCDOT officials have used more than 12,650 tons of salt to treat roads since snow began to fall.  

    NCDOT’s cut and shove teams are removing fallen trees and debris from roads and working with the agency’s utility partners in cases involving downed power lines.  NCDOT is prioritizing clearing the interstates and then US and NC routes, followed by secondary roads.

    “Our crews are working around the clock to clear roads across the state and will not stop until the job is done,” said NCDOT Secretary Joey Hopkins. “The snow and ice dumped on our state have left many roads too dangerous for travel. If you don’t need to be on the roads, please stay home and stay safe.”  

    Much of the state is not expected to see significant thawing until Friday afternoon, when temperatures will climb above freezing. Road conditions will continue to be dangerous for several mornings as overnight temperatures leave behind black ice on many roads.  When conditions improve, people should check the state’s real-time travel conditions on DriveNC.gov before heading out.

    For information on power outages and how your and your family can be prepared for continued winter weather and cold temperatures, visit www.readync.gov.  

    Hurricane Helene disaster survivors can reach FEMA for help today by calling 1-800-621-3362. The physical FEMA Disaster Recovery Centers across western North Carolina will be closed today due to weather conditions.  

    The North Carolina Disaster Case Management Program (NC-DCM) remains available for Helene survivors. To access resources and assistance, call 1-844-746-2326 or visit www.ncdps.gov/helene/dcm. To date, NC-DCM has handled applications from 2,143 survivors and fielded at least 5,676 calls for assistance with needs including housing, financial, navigating FEMA assistance, food, and furniture or appliances. 

    Feb 20, 2025

    MIL OSI USA News