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  • MIL-OSI Global: Why community pharmacies are closing – and what to do if your neighborhood location shutters

    Source: The Conversation – USA – By Lucas A. Berenbrok, Associate Professor of Pharmacy and Therapeutics, University of Pittsburgh

    Neighborhood pharmacies are rapidly shuttering.

    Not long ago, Walgreens, one of the nation’s biggest pharmacy chains, announced plans to close 1,200 stores over the next three years. That’s part of a larger trend that has seen nearly 7,000 pharmacy locations close since 2019, with more expected in the coming years.

    Many community pharmacies are struggling to stay open due to an overburdened workforce, shrinking reimbursement rates for prescription drugs and limited opportunities to bill insurers for services beyond dispensing medications.

    As trained pharmacists who advocate for and take care of patients in community settings, we’ve witnessed this decline firsthand. The loss of local pharmacies threatens individual and community access to medications, pharmacist expertise and essential public health resources.

    The changing role of pharmacies

    Community pharmacies – which include independently owned, corporate-chain and other retail pharmacies in neighborhood settings – have changed a lot over the past decades. What once were simple medication pickup points have evolved into hubs for health and wellness. Beyond dispensing prescriptions, pharmacists today provide vaccinations, testing and treatment for infectious diseases, access to hormonal birth control and other clinical services they’re empowered to provide by federal and state laws.

    Given their importance, then, why have so many community pharmacies been closing?

    There are many reasons, but the most important is reduced reimbursement for prescription drugs. Most community pharmacies operate under a business model centered on dispensing medications that relies on insurer reimbursements and cash payments from patients. Minor revenue comes from front-end sales of over-the-counter products and other items.

    However, pharmacy benefit managers – companies that manage prescription drug benefits for insurers and employers – have aggressively cut reimbursement rates in an effort to lower drug costs in recent years. As a result, pharmacists often have to dispense prescription drugs at very low margins or even at a loss. In some cases, pharmacists are forced to transfer prescriptions to other pharmacies willing to absorb the financial hit. Other times, pharmacists choose not to stock these drugs at all.

    And it’s not just mom-and-pop operations feeling the pinch. Over the past four years, the three largest pharmacy chains have announced plans to close hundreds of stores nationwide. CVS kicked off the trend in 2021 by announcing plans to close 900 pharmacy locations. In late 2023, Rite Aid said that thousands of its stores would be at risk for closure due to bankruptcy. And late in 2024, Walgreens announced its plans to close 1,200 stores over the next three years.

    To make matters worse, pharmacists, like many other health care providers, have been facing burnout due to high stress and the lasting effects of the COVID-19 pandemic. At the same time, pharmacy school enrollment has declined, worsening the workforce shortage just as an impending shortfall of primary care physicians looms.

    Why pharmacy accessibility matters

    The increasing closure of community pharmacies has far-reaching consequences for millions of Americans. That’s because neighborhood pharmacies are one of the most accessible health care locations in the country, with an estimated 90% of Americans living within 5 miles of one.

    However, research shows that “pharmacy deserts” are more common in marginalized communities, where people need accessible health care the most. For example, people who live in pharmacy deserts are also more likely to have a disability that makes it hard or impossible to walk. Many of these areas are also classified as medically underserved areas or health professional shortage areas. As pharmacy closures accelerate, America’s health disparities could get even worse.

    So if your neighborhood pharmacy closes, what should you do?

    While convenience and location matter, you might want to consider other factors that can help you meet your health care needs. For example, some pharmacies have staff who speak your native language, independent pharmacy business owners may be active in your community, and many locations offer over-the-counter products like hormonal contraception, the overdose-reversal drug naloxone and hearing aids.

    You may also consider locations – especially corporate-owned pharmacies – that also offer urgent care or primary care services. In addition, most pharmacies offer vaccinations, and some offer test-and-treat services for infectious diseases, diabetes education and help with quitting smoking.

    What to ask if your pharmacy closes

    If your preferred pharmacy closes and you need to find another one, keep the following questions in mind:

    • What will happen to your old prescriptions? When a pharmacy closes, another pharmacy may buy its prescriptions. Ask your pharmacist if your prescriptions will be automatically transferred to a nearby pharmacy, and when this will occur.

    • What’s the staffing situation like at other pharmacies? This is an important factor in choosing a new pharmacy. What are the wait times? Can the team accommodate special situations like emergency refills or early refills before vacations? Does the pharmacist have a relationship with your primary care physician and your other prescribers?

    • Which pharmacies accept your insurance? A simple call to your insurer can help you understand where your prescriptions are covered at the lowest cost. And if you take a medication that’s not covered by insurance, or if you’re uninsured, you should ask if the pharmacy can help you by offering member pricing or manufacturer coupons and discounts.

    • What are your accessibility needs? Pharmacies often offer services to make your care more accessible and convenient. These may include medication packaging services, drive-thru windows and home delivery. And if you’re considering switching to a mail-order pharmacy, you should ask if it has a pharmacist to answer questions by phone or during telehealth visits.

    Remember that it’s best to have all your prescriptions filled at the same pharmacy chain or location so that your pharmacist can perform a safety check with your complete medication list. Drug interactions can be dangerous.

    Community pharmacies have been staples of neighborhoods for more than a century. Unfortunately, current trends in pharmacy closures pose real threats to public health. We hope lawmakers address the underlying systemic issues so more Americans don’t lose access to their medications, health services and pharmacists.

    Lucas A. Berenbrok is part owner of the consulting company, Embarx, LLC. He receives funding from the American Pharmacists Association.

    Michael Murphy consults to the American Pharmacists Association.

    Sophia Herbert has received funding from the Community Pharmacy Foundation.

    – ref. Why community pharmacies are closing – and what to do if your neighborhood location shutters – https://theconversation.com/why-community-pharmacies-are-closing-and-what-to-do-if-your-neighborhood-location-shutters-217775

    MIL OSI – Global Reports –

  • MIL-OSI Global: How California can rebuild safer, more resilient cities after wildfires without pricing out workers

    Source: The Conversation – USA – By Nichole Wissman, Assistant Professor of Management, University of San Diego

    After the fires, what comes next for residents? Zoe Meyers/AFP via Getty Images

    The dramatic images of wealthy neighborhoods burning during the January 2025 Los Angeles wildfires captured global attention, but the damage was much more widespread. Many working-class families lost their homes, businesses and jobs. In all, more than 16,000 structures – most of them homes – were destroyed, leaving thousands of people displaced.

    The shock of this catastrophic loss has been reverberating across Southern California, driving up demand for rental homes and prices in an already unaffordable and competitive housing market. Many residents now face rebuilding costs that are expected to skyrocket.

    Climate-related disasters like this often have deep roots in policies and practices that overlook growing risks. In the Los Angeles area, those risks are now impossible to ignore.

    As the region starts to recover, communities have an opportunity to rebuild in better ways that can protect neighborhoods against a riskier future – but at the same time don’t price out low-income residents.

    Sisters Emilee and Natalee De Santiago sit on the front porch of what remains of their home after the Eaton Fire in Altadena, Calif., in January 2025.
    Brandon Bell/Getty Images

    Research shows that low-income residents struggle the most during and after a disaster. Disaster assistance also tends to benefit the wealthy, who may have more time and resources to navigate the paperwork and process. This can have long-term effects on inequality in a community. In Los Angeles County, where one-third of even moderate-income households spend at least half their income on housing, many residents may simply be unable to recover.

    My research at the University of San Diego focuses on managing risk in the face of climate change. I see several ways to design solutions that help low- and moderate-income residents recover while building a safer community for the future.

    Better building policies that recognize future risk

    Before a disaster, communities trying to adapt to climate change often prioritize protecting high-risk, high-value property, such as a beachfront or hillside neighborhood with wealthy homes. My own research also shows a trend toward incremental climate adaptations that don’t disturb the status quo too much and, as a result, leave many risks unaddressed.

    Climate risks are often underestimated, in part because of policy limitations and a political reluctance to consider unpopular solutions, such as restricting where people can build. Yet, disasters once considered unimaginable, such as the Los Angeles wildfires, are occurring with increasing frequency.

    An aerial view shows the devastation left by the Palisades Fire in the Pacific Palisades section of Los Angeles in January 2025. Homes in the hills can be at the highest fire risk during dry weather and strong winds.
    AP Photo/Jae C. Hong

    Making communities safer from these risks requires communitywide efforts. And that can mean making difficult decisions.

    Policy changes, such as updating zoning laws to prevent rebuilding in highly vulnerable areas, can avoid costly damage in the future. So can not building in risky areas in the first place.

    California already has some of the strictest wildfire-prevention codes in the country, but the same rules for new homes don’t apply to older homes. Communities can invest in programs to help these property owners retrofit their homes by offering grants or incentives to remove highly flammable landscaping or to “harden” existing homes to make them less vulnerable to burning.

    Research shows that resilience efforts can spur “climate gentrification,” or displacement due to increases in property values. So, focusing on affordability in resilience efforts is important. For long-term affordability and resilience, governments can collaborate with communities to develop strategies such as supporting Community Land Trusts through grants, low-interest loans or land transfers; implementing zoning reforms to enable higher-density, climate-resilient affordable housing; and incentivizing green infrastructure to strengthen community resilience.


    Beverly Hills Fire Department

    In some cases, communities may have to considered managed retreat – moving people out of high-risk areas – but with adequate compensation and support for displaced residents to ensure that they can rebuild their lives elsewhere.

    Making the risks clear through insurance

    Insurance rates can also encourage residents and communities to lower their risks. Yet in many places, insurance policies have instead obscured the risks, leaving homeowners less aware of how vulnerable their property may be.

    For years, insurers underpriced wildfire risk, driven by market competition. California policies also capped the premiums they could charge. As fire damage and rebuilding costs soared in recent years, insurers unwilling to shoulder more of the risk themselves pulled out of the state. That left countless Californians uninsured and hundreds of thousands reliant on the state-run insurance known as the FAIR Plan. The plan imposes caps on payouts and is now struggling to stay solvent, resulting in higher costs that insurers are expected to pass on to consumers.

    Insurance reforms could help reduce the financial burden on vulnerable populations while also lowering overall risk. To achieve this, the reforms could incentivize building more resilient homes in less risky areas.

    As seen with the LA fires, what your neighbor does matters. Reducing fire risk in each home can make entire neighborhoods safer. Insurers can provide a road map for how to reduce those risks, while state and local governments can provide assistance to retrofit homes and help ensure that insurance premiums remain affordable.

    There are also innovative approaches to fund resilience efforts that can include insurers. One example is New York’s Climate Change Superfund Act, which requires fossil fuel companies to finance climate adaptation efforts.

    Equipping communities with resilience hubs

    When disasters strike, local groups and neighbors play critical roles in stabilizing neighborhoods. But residents also need more specialized help to find housing and apply for disaster aid.

    Building resilience hubs in communities could help support residents before, during and after disasters.

    The resilience hub in the Boyle Heights neighborhood of Los Angeles provides one model for what these spaces can achieve. It’s anchored in a community arts center with solar power and backup energy storage. Residents can drop in to cool down during heat waves or charge their phones during power outages. It also hosts community classes, including in disaster preparedness.

    Boyle Heights, a largely Hispanic neighborhood in Los Angeles, has a resilience hub that provides disaster preparedness training, as well as support with food, housing and applying for assistance after disasters strike.
    Allen J. Schaben/Los Angeles Times via Getty Images

    During and after a disaster, resilience hubs can serve as central organizing points. They can provide crucial information, resources and assistance with completing paperwork to access aid. Having access to skilled help in navigating what can be a complicated, time-consuming process is often critical, particularly for people who aren’t native English speakers.

    Getting assistance is also often critical for displaced renters, who may have little certainty about when or if they will be able to return to their homes. Understanding their legal rights can be confusing, and rising costs as rental housing is rebuilt can price them out of the market.

    Research shows that building a supportive community can provide a crucial social safety net when dealing with disasters and also boost the community’s social and economic well-being.

    Reframing policies for everyone

    The catastrophic LA wildfires were a powerful reminder that governments and communities need to think carefully about the risks they face and the role policies may play as they learn to live with greater fire risk.

    Building a resilient future in a warming world will require bold, innovative and collective strategies that support communities while advancing equitable solutions.

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

    – ref. How California can rebuild safer, more resilient cities after wildfires without pricing out workers – https://theconversation.com/how-california-can-rebuild-safer-more-resilient-cities-after-wildfires-without-pricing-out-workers-247680

    MIL OSI – Global Reports –

  • MIL-OSI Global: Nat King Cole’s often overlooked role in the Civil Rights Movement

    Source: The Conversation – USA – By Donna M. Cox, Professor of Music, University of Dayton

    Nat King Cole performs in Copenhagen, Denmark, in April 1960. Ebbe Wrae/JP Jazz Archive/Getty Images

    Six decades after Nat King Cole’s death in 1965, his music is still some of the most played in the world, and his celebrity transcends generational and racial divides. His smooth voice, captivating piano skills and enduring charisma earned him international acclaim.

    One of the most influential artists of the 20th century, Cole was not only a groundbreaking musician but also a quiet, yet resolute, advocate for social justice.

    As an African American sacred music scholar, I have been immersed in the inseparable link between music, culture and social change for over 40 years. Examining Cole through the lens of his activism uncovers the nuanced ways in which he challenged the status quo and contributed to the Civil Rights Movement.

    Beneath the polished veneer of his public image lay a deeply personal commitment to confronting racism and advocating for equality that is often overlooked.

    Formative years

    Nathaniel Adams Coles was born on March 17, 1919, in Montgomery, Alabama, to Perlina Adams Coles and Edward James Coles. Perlina served as the organist at the True Light Baptist Church and later the First Baptist Church of North Chicago, both pastored by Nathaniel’s father. She passed her love for music to her children, teaching them to play the piano and organ. Cole’s formative years were spent in church; gospel songs, hymns and spirituals formed the foundation of his musical education.

    Though Cole is primarily remembered for his jazz and pop hits, the emotive power, communal emphasis and uplifting nature of Black sacred music profoundly shaped his artistry throughout his career, despite his single sacred album, “Every Time I Feel The Spirit,” released in 1959. The influence of gospel music, in particular, can be heard in his soulful phrasing and heartfelt delivery, contributing to his remarkable ability to connect with audiences.

    Growing up in Chicago, he was also exposed to a rich tapestry of musical genres, including blues, classical and jazz. This eclectic upbringing laid the foundation for his versatile musical style and commercial success.

    Group portrait of singer Nat King Cole with his mother, Perlina, his younger brother, Ike, and his father, Edward, circa 1940.
    Nat King Cole photograph collection/New York Public Library

    While Cole’s music was not overtly political, his very presence in the mainstream was a statement. In an era of racial segregation, he was a Black man achieving unprecedented success in a predominantly white music industry. His impeccable diction, tailored suits and sophisticated performances countered the prevailing stereotypes of African Americans as uncouth or subservient.

    By embodying a poised and dignified persona, Cole communicated a powerful message: Black excellence and humanity could not be denied. As race scholar George Lipsitz writes in “The Possessive Investment in Whiteness,” “The cultural field … is a site of struggle where meanings are contested and power relations are negotiated.”

    Cole’s success challenged the structural racism that sought to confine Black artists to the margins and opened doors for future generations. He acknowledged the significance of his presence on national television, recognizing it as a potential turning point for Black representation. While hesitant to explicitly label himself an activist, he contemplated the impact of his success on breaking down barriers, believing that “when you’ve got the respect of white and colored, you can ease a lot of things.”

    Confronting racism

    In response to critics who dismiss Cole’s legacy as apolitical, I argue that they overlook the complexity of his resistance. Several scholars have stated that in a society where overt defiance often resulted in violence or economic ruin, Cole’s ability to navigate the entertainment industry while maintaining his dignity was itself a form of activism.

    Though Cole never referred to himself as an activist, he confronted racism in both overt and quiet ways. Scholars such as cultural theorist Stuart Hall and researcher Laura Pottinger define “quiet activism” as modest, everyday acts of resistance – either implicitly or explicitly political – that challenge dominant ideologies and power structures. These acts often entail processes of production or creativity.

    Despite his commercial success, Cole faced relentless systemic and personal racism. In 1948, he purchased a home in the affluent Hancock Park neighborhood of Los Angeles, a move met with hostility; the local homeowners association attempted to expel him, and he endured threats and acts of vandalism.

    Yet Cole refused to be intimidated. His resolve was a courageous act of resistance that highlighted the pervasive inequalities of the time.

    Cole faced blatant discrimination in Las Vegas. He was often denied access to the same hotels and restaurants where he performed, forced to stay in segregated accommodations. One particularly notable incident occurred at the Sands Hotel. in Las Vegas. When the maitre d’ tried to deny service to Cole’s Black bandmates in the dining room, Cole threatened to cancel his performance and leave. This forced the hotel management to back down, setting a precedent for other Black entertainers and patrons.

    Cole quietly sued hotels and negotiated contracts that guaranteed his right to stay in the hotels where he performed, a significant step toward desegregation. He also made it a point to bring his entire entourage, including Black musicians and friends, to these establishments, challenging their “whites only” policies.

    ‘We Are Americans Too’

    Photo of Natalie Cole singing with her father, Nat King Cole, in 1957.
    Michael Ochs Archives/Getty Images

    Cole’s impact extended beyond the realm of music. In 1956, he became the first African American to host a national network television show, “The Nat King Cole Show.” This was a groundbreaking moment, as it brought a Black man into the living rooms of millions of white Americans every week.

    Though the show faced challenges with sponsorship due to racial prejudice, it marked a significant step toward greater representation and acceptance. As historian Donald Bogle notes in his 2001 book “Toms, Coons, Mulattoes, Mammies, and Bucks,” “Television … became a new battleground for the image of the black performer.” Cole’s show, despite its short run, was a crucial battle in this war.

    When Cole was attacked onstage by white supremacists during a concert in Birmingham, Alabama, in 1956, it underscored the physical danger Black public figures faced and galvanized Cole’s commitment to the Civil Rights Movement.

    It is important to note that Cole’s support for the Civil Rights Movement was often quiet and behind the scenes. He faced criticism from some who felt he should have been more outspoken. However, his actions demonstrate his commitment to the cause of racial equality. Cole, who died in 1965 at the height of the Civil Rights Movement, was a member of his local NAACP branch. He also performed at benefit concerts for the organization, raising money to support their efforts in fighting racial discrimination.

    Shortly after the attack in Birmingham, Cole recorded his only song that is specifically political, “We Are Americans Too.” Recorded in 1956, the song was a powerful statement of belonging and a challenge to racial exclusion. Though it would not come close to reaching commercial success, it did serve as a powerful reminder that African Americans were, in fact, Americans. Over a half-century later, this song still resonates and speaks to the ongoing struggle for full inclusion and recognition for marginalized groups.

    The juxtaposition of the refrain “We are Americans too” against the backdrop of the treatment of Black people during the Civil Rights Movement gives this song emotional weight. The very act of having to assert “We are Americans too” highlights the injustice of the situation.

    It underscores the disconnect between the ideals of American democracy and the reality of racial inequality. In this context, the refrain “We are Americans too” is an act of resistance, a challenge to the prevailing social order. It highlights the hypocrisy of a nation founded on principles of liberty while denying those same liberties to a significant portion of its population. It’s a call for America to finally recognize the full humanity and citizenship of its Black citizens.

    ‘We Are Americans Too.’

    Great art, and great artists, are powerful witnesses of the times in which they live, love, work and play. Their commentary, both artistically and humanly, leaves an important record for generations. This is clearly evident in Nat King Cole.

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

    – ref. Nat King Cole’s often overlooked role in the Civil Rights Movement – https://theconversation.com/nat-king-coles-often-overlooked-role-in-the-civil-rights-movement-248527

    MIL OSI – Global Reports –

  • MIL-OSI Global: Many gluten-free foods are high in calories and sugar, low on fiber and protein, and they cost more − new research

    Source: The Conversation – USA – By Sachin Rustgi, Associate Professor of Molecular Breeding, Clemson University

    The vast majority of Americans are not sensitive to foods containing gluten. Westend61 via Getty Images

    U.S. consumers often pay more for gluten-free products, yet these items typically provide less protein and more sugar and calories compared with gluten-containing alternatives. That is the key finding of my new study, published in the journal Plant Foods for Human Nutrition.

    This study compared gluten-free products with their gluten-containing counterparts, and the findings suggested that many perceived benefits of gluten-free products – such as weight control and diabetes management – are exaggerated.

    Currently, many gluten-free products lack dietary fiber, protein and essential nutrients. Manufacturers often add supplements to compensate, but the incorporation of dietary fibers during processing can hinder protein digestion.

    In addition, gluten-free products generally contain higher sugar levels compared with other products containing gluten. Long-term adherence to a gluten-free diet has been associated with increased body mass index, or BMI, and nutritional deficiencies.

    Gluten-free products – defined in the U.S. as those that contain less than or equal to 20 parts per million of gluten – largely lack wheat, rye, barley and sometimes oats, all rich sources of arabinoxylan, a crucial nonstarch polysaccharide. Arabinoxylan provides several health benefits, including promoting beneficial gut bacteria, enhancing digestion, regulating blood sugar levels and supporting a balanced gut microbiota.

    Our study also pointed out that it is difficult to find a gluten-free product that excels in all nutritional areas, such as high protein and fiber content with low carbohydrates and sugar.

    On the other hand, gluten-free seeded bread contains significantly more fiber – 38.24 grams per 100 grams – than its gluten-containing counterparts. This is likely due to efforts by manufacturers to address fiber deficiencies by using ingredients such as pseudo-cereals, such as amaranth and quinoa hydrocolloids – meaning water-soluble macromolecules used in gluten-free baked goods made with quinoa flour.

    These improvements, however, vary by manufacturer and region. For example, gluten-free products in Spain tend to have lower fiber content than their gluten-containing counterparts.

    Why it matters

    The term “gluten-free diet” has become a buzzword, much like “organic,” and is now a part of everyday life for many people, often without a full understanding of its actual benefits. While a gluten-free diet is a medical necessity for people who are sensitive to gluten, a condition called celiac disease, or for those with wheat allergies, others adopt a gluten-free diet due to perceived health benefits or because it’s a trend.

    In 2024, the global gluten-free product market was valued at US$7.28 billion and projected to reach $13.81 billion by 2032. The U.S. market share is estimated to be $5.9 billion – a little less than half of the global figure.

    Approximately 25% of the U.S. population consumes gluten-free products. This figure is far higher than the the roughly 6% of people with non-celiac wheat sensitivity, 1% of people with celiac disease and even lower percentages of people with wheat allergies.

    This suggests that many people adopt gluten-free diets for reasons other than medical necessity, which may not offer health or financial benefits.

    Symptoms of celiac disease and gluten intolerance include stomach pain and bloating.

    What’s next

    Investment in research and development is essential to create more nutritionally balanced gluten-free products using locally available ingredients. This will require human feeding trials with different formulations of gluten-free products to ensure that these products meet nutritional needs without adverse effects.

    Collaborations between governments could help secure subsidies, which would reduce production costs and make these products more affordable. Although the initial costs of research and maintaining a gluten-free production line are high, using local ingredients and financial incentives can make these products more cost-competitive compared with their gluten-containing counterparts.

    Public education is also important to keep people informed about the pros and cons associated with a gluten-free diet.

    The Research Brief is a short take on interesting academic work.

    Sachin Rustgi receives funding from the US Department of Agriculture and the Foundation for Food and Agricultural Research.

    – ref. Many gluten-free foods are high in calories and sugar, low on fiber and protein, and they cost more − new research – https://theconversation.com/many-gluten-free-foods-are-high-in-calories-and-sugar-low-on-fiber-and-protein-and-they-cost-more-new-research-247165

    MIL OSI – Global Reports –

  • MIL-OSI USA: Puppetry Exhibition Showcases Photographic Work of UConn Alum, 60 Years of Puppet Arts

    Source: US State of Connecticut

    The lens of Richard Termine’s camera frames the performers before him like the decorative proscenium around a stage, in a view the award-winning photographer says is both wonderful and challenging to capture.

    Termine says he considers himself a partner to the performers, moving in a dance around them, anticipating their next move, as he clicks his way to capturing the moments of life and emotion they convey.

    A Middletown native and double UConn alum, he started studying the dramatic arts as an elementary student who went to the library to learn more after seeing a marionette performance of “Rigoletto,” he says.

    “It just blew me away. It was transformative,” Termine ’75 (SFA), ’78 MFA says of that school assembly. “When I go to the theater … I want to go to worlds and places I haven’t been, and puppetry is No. 1 on the list that does that for me.”

    Jim Henson, left, and Brian Henson taught a three-week International Workshop in Puppetry for Film and Television during the summer of 1987 at the Institut International de la Marionnette in Charleville-Mezières, France. Termine went along as Jim Henson’s teaching assistant and also photo documented the event. (Photo courtesy of Richard Termine)

    A one-time puppet designer, puppet builder, and puppet director, Termine lists name-brand shows on his resume including “Sesame Street” and readily talks about knowing the famed duo Jim Henson and Frank Oz. He discovered photography in the late 1970s at the suggestion of a friend.

    Today, he lists the New York Times and Village Voice, along with Time, Newsweek, and People among his credits. Yet, even after decades in the business, Termine says he still marvels at the power of puppets and their performers.

    “I’m standing on their shoulders in terms of my art form, and I’m the interpreter of what’s in front of me,” he says. “What I love about this is I’m transformed when I’m working. … When I’m in the moment, it’s exhilarating.”

    Visitors to the Ballard Institute and Museum of Puppetry will have a chance to see just what Termine sees when he puts his eye to the camera. Its latest exhibition, “American Puppet Theater Today: The Photography of Richard Termine,” includes 151 of his images.

    The show, courtesy of The Jim Henson Foundation, was created in 2019 for display in France and since has seen five iterations including at exhibitions in Chicago, New York City, Montreal, and College Park, Maryland. Its Connecticut show in Storrs is on display until May 11.

    From Marionette and Shadow to Rod and Hand

    Foundation President Cheryl Henson, curator of the exhibition and daughter of renowned puppeteer Jim Henson, uses words like “play, magic, imagination, and creativity” when talking about the importance of puppetry and its value in the world today.

    “Puppetry brings out all of these really essential parts of being human,” she says.

    While the Muppet style her father made famous on shows like “Sesame Street” might have the broadest reach of any style – the show featuring Big Bird, Oscar the Grouch, and Elmo has aired in 124 countries – she says the accessibility of the myriad puppet styles is what gives puppetry “infinite potential.”

    Much of that variety can be seen in “American Puppet Theater,” with Henson describing the show as “a celebration of what puppetry can do.”

    During a recent tour of the exhibition, Termine points out a 2011 photograph of Jim Rose, a marionette fabrication teaching artist, and says it’s among his favorites. The image is simple: a puppeteer fiddling with the cross brace of a marionette, tugging at a string that lifts the puppet’s head in a loving gaze toward its handler.

    Henson notes that thanks to UConn’s John Bell, director of the Ballard, and Emily Wicks, the museum’s operations and collections manager, the exhibition has 15 puppets on display alongside Termine’s photographs.

    She walks toward the first, which greets those entering the exhibition, a direct-manipulation puppet named Disfarmer – a small bald man with glasses – adjusting the back of a Depression-era camera draped in a dark cloth. It’s one of six versions made for a 2009 production about photographer Mike Disfarmer.

    Another puppet, this one with a political message, is poised in the back corner of the Ballard. It’s a toy theater with a black proscenium adorned with four ornate butterflies from the performing company Great Small Works. Next to it, Termine notes, is a 2010 photograph depicting a performing John Bell; his wife, Trudi Cohen; and Jenny Romaine.

    The Blue Fairy from the opera “La Bella Dormente Nel Bosco” swoops through the air in the opposite corner, while a couple of Punch and Judy-style hand puppets get some laughs long after their 2009 adult-only performance of “The Punch and Jimmy Show.”

    While the exhibition features mostly puppets outside the Muppet style, Termine says the show reflects the impact Jim Henson, who died in 1990, and his Foundation have had on the puppetry world.

    Puppet Arts Program: A Diamond Year

    The Jim Henson Foundation, founded by its namesake in 1982, is devoted to cultivating the work of American puppeteers and has provided support for more than 1,300 projects from more than 350 artists in that time.

    “When we look at [this exhibition], these are artists that have been supported by the Foundation, creating their own work, finding their own voices in this rich art form,” Termine, Foundation vice president, says. “It’s right here, and that’s what makes this special.”

    Puppeteer Basil Twist performs with Stickman at a reception in June 2021 at Upper Penthouse, Central Park South, New York City. (Photo courtesy of Richard Termine)

    “One of the things my dad really loved about puppetry is how much the different puppeteers loved watching each other’s work and how they’d get so excited about somebody else’s brilliance,” Henson adds.

    Say a name related to the puppet community and Termine and Henson can explain the loop of how that person is connected to this person and the next. It’s a community, they say, and many in it have UConn ties.

    Termine’s mother once met Carol Thompson ’68 (SFA), ’78 MA, a student of renowned UConn professor Frank Ballard, who introduced Termine to the famed puppeteer in 1970 when he was doing a production of “The Love for Three Oranges” at UConn.

    The friend who nudged Termine in the late 1970s to take up photography was the late Manchester-native-turned-Emmy-nominated puppet designer Jan (Rosenthal) Stefura ’77 (SFA), who built Mokey Fraggle on “Fraggle Rock,” among others.

    Termine’s MFA class included Bart Roccoberton Jr. ’90 MFA, who heads UConn’s Puppet Arts Program, and his teachers included the late Jerry Rojo, the former dramatic arts professor who designed the black box Mobius Theater in the Drama/Music building.

    With deep connections in the puppet world, UConn’s Puppet Arts Program celebrates its 60th anniversary this year with a special section of the exhibition dedicated to that achievement.

    It’s “a leader” in the industry, Termine says, so much so that several years ago, when a couple of UConn women’s basketball players visited the set of “Sesame Street,” most of crew sported their UConn garb to share their school pride.

    The same sense of delight swelled in Termine when he visited the Ballard Museum in Downtown Storrs recently for the exhibition’s opening: “To come back here and to share what I started,” he said, trailing off in thought. “Thanks to the Henson family and to my training here at UConn.”

    MIL OSI USA News –

  • MIL-OSI USA: Getting a Foot Up on Production Simulation and Streamlining

    Source: US State of Connecticut

    A creative collaboration between UConn’s Connecticut Manufacturing Simulation Center (CMSC) and ZANEEZ® Health in Glastonbury, Conn., is focusing on virtual prototyping of an innovative foot and ankle platform made from advanced thermoplastic polymers. This process reduces the time and cost associated with multiple rounds of physical testing, optimizing structural integrity and product performance before physical production begins.

    “AnkleSTONE®, developed by ZANEEZ® Health, represents a significant advancement in orthopedic rehabilitation devices,” says Jeongho Kim, principal investigator and CMSC director, and also a professor for the School of Mechanical, Aerospace and Manufacturing Engineering. “This partnership with CMSC allows our team to provide advanced technical expertise and simulation capabilities to enhance product development.

    “At CMSC,” Kim explains, “we have the tools and computational resources to assist companies like ZANEEZ® in overcoming limitations in physical prototyping. Our partnership enables them to analyze critical load capacities and structural performance, for example, helping refine the AnkleSTONE® design for maximum effectiveness and resilience.”

    The AnkleSTONE® team includes, from left, Jake Crane (strategic advisor, CONNSTEP), Dan Tangari, Marien Zanyk, and Jeongho Kim.

    Supported by the U.S. Economic Development Administration, CMSC provides technical assistance at no cost to small- and medium-sized manufacturers in Connecticut, fostering innovation and economic development in the state. The center offers a suite of high-performance computing-based modeling and simulation services, enabling companies to replace costly physical prototypes with virtual simulations that streamline the development process.

    Many small businesses, Kim adds, lack the specialized resources required for intensive prototyping. The center’s physics-based modeling and virtual prototyping approach, he says, allows companies like ZANEEZ® to develop cost-effective solutions efficiently.

    CMSC’s staff is currently engaged in virtual prototyping of the AnkleSTONE® foot and ankle platform, made from advanced thermoplastic polymers. This process reduces the time and cost associated with multiple rounds of physical testing, optimizing structural integrity and product performance before physical production begins.

    “Research and support from CMSC has made our development process more efficient, saving a tremendous amount of time and expense versus physical prototyping and destructive testing,” says Dan Tangari, a lead designer from Spark Design LLC, working with ZANEEZ®. Spark, Tangari explains, works with a diverse group of clients to help develop innovative products from initial concept through production.

    CMSC, says Tangari, has been assisting Marien Zanyk, ZANEEZ® founder and CEO, in refining her AnkleSTONE® product for injection molding. “This requires accounting for complex loads and stress that the product will encounter during use,” he explains. “This type of analysis is outside the scope of our capabilities. Partnering with Dr. Kim and CMSC was an invaluable step in the development process.”

    The Engineering Science Building houses the Connecticut Manufacturing Simulation Center (Sean Flynn/UConn Photo)

    Through Kim’s advanced structural analysis of the AnkleSTONE® product, potential weak areas were identified in the design for typical use-case scenarios, Tangari continues. “Our combined team was able to meet virtually at regular intervals to review new findings based on the latest simulations. This virtual prototyping provided insights that guided our design improvements, allowing us to iterate faster, and make much more informed decisions during CAD refinement. The collaboration between ZANEEZ® and CMSC allows us to feel confident moving forward that we have a proven design that is ready for production.”

    Since its inception in 2016, CMSC has collaborated with over 50 businesses, training more than 350 professionals, 2,400 UConn students, and 24 community students.  Other CMSC projects include partnerships with Aero Gear, PCX Aerospace, and Advanced Manufacturing LLC, focusing on complex simulation and optimization for Connecticut’s manufacturing sector.

    Located at the Engineering Science Building on UConn’s Storrs campus, CMSC continues to support the state’s manufacturing industry with cutting-edge computational tools and research. For more information, visit CMSC’s website or LinkedIn page.

    MIL OSI USA News –

  • MIL-OSI Security: United States Attorney Gary M. Restaino Completes His Service to the Department of Justice

    Source: Office of United States Attorneys

    PHOENIX, Ariz. – The United States Attorney’s Office for the District of Arizona announced that United States Attorney Gary M. Restaino has completed his service to the Department, effective yesterday.

    Mr. Restaino was informed of his termination in a communication from the White House.  As a Presidential appointee, Mr. Restaino is subject to removal from office in the discretion of the sitting President.  The White House thanked him for his service to the United States.

    “Getting the opportunity to lead an Office in which I have worked for many years has been energizing,” said U.S. Attorney Restaino. “I am grateful to President Biden for the appointment, to Senators Kelly and Sinema for their support of my nomination, and to Attorney General Garland for his stewardship of the Department of Justice. And most of all I am thankful for our people here in Arizona – the dedicated prosecutors, victim advocates and administrative professionals at the United States Attorney’s Office, as well as the agents, analysts, and accountants at our federal law enforcement agencies – who work collaboratively and collegially with state and local partners and leaders of underserved communities to make Arizona a better and safer place.”

    Since 2021 the Office has continued its strong efforts at border security, enhanced violent crime prosecutions and increased civil rights prosecutions and interventions.

    Border Security

    Violent Crime Prosecutions

    Civil Rights

    Mr. Restaino became United States Attorney in November 2021 after 20 years of service as a federal employee, including two years in the Peace Corps in Paraguay and 18 years as an Assistant United States Attorney here in Arizona. During his tenure, Mr. Restaino served on the Attorney General’s Advisory Committee, advising Attorney General Garland on matters of policy, procedure, and management, and also elevating the voices of the U.S. Attorney community in Washington. In addition, for nearly 90 days in the spring and summer of 2022, and at the direction of President Biden, Mr. Restaino served the women and men of the Bureau of Alcohol, Tobacco, Firearms and Explosives as their Acting Director, pending the confirmation of the agency’s nominee.

    Pursuant to the Vacancy Reform Act, career prosecutor and First Assistant United States Attorney Rachel C. Hernandez currently serves as the Acting United States Attorney for the District.

    The United States Attorney’s Office represents the interests of the United States in criminal and civil cases in federal court in Arizona, coordinates the efforts of its federal law enforcement partners, advocates for the rights of victims, and enhances and strengthens communities through dialogue, outreach, and engagement. The Office currently has approximately 180 Assistant United States Attorneys and approximately 160 additional administrative professionals spread between two large offices in Phoenix and Tucson, and two smaller branch offices in Yuma and Flagstaff.
     

    RELEASE NUMBER:    2025-018_Departure of United States Attorney Gary M. Restaino

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

     

    2025-018_Departure of United States Attorney Gary M. Restaino

    MIL Security OSI –

  • MIL-OSI Global: Britain’s unearned wealth has ballooned – a modest capital tax could help avoid austerity and boost the economy

    Source: The Conversation – UK – By Stewart Lansley, Visiting Fellow, School of Policy Studies, University of Bristol

    Canary Wharf in London. I Wei Huang/Shutterstock

    Inheriting the worst set of public finances for decades, Labour was always going to face an uphill struggle trying to fund improvements to the UK’s public services.

    Inflated debt and recent hikes in the cost of borrowing mean the government is faced with stark choices. For it will be difficult to meet the chancellor’s own tight fiscal rules without further tax rises or cuts in public spending.

    But as the former chief economist at the Bank of England, Andy Haldane, has warned, further spending cuts would be “deeply counterproductive”.

    One solution for avoiding ongoing austerity lies in raising a higher proportion of taxes from assets. For despite the UK enjoying a long personal wealth boom, little of this boom is the result of new wealth creation or higher productivity.

    Much of it is unearned. Some is the product of corporate wealth extraction, where dividend payments and personal fortunes have have been prioritised over the long-term health of a company. Some privatised water firms, for example, have been turned into cash cows for their owners.

    Another large part of British unearned wealth is the product of state-induced asset inflation. Since 1999, house prices in England have risen almost three times faster than incomes.

    This kind of asset inflation is a classic example of “passive accumulation”. Or, as the 19th-century philosopher John Stuart Mill described it, getting rich in your sleep.

    As a result, household wealth currently stands at over six times the UK’s GDP. It was three times in the 1970s.

    Yet while Britain is asset rich, its tax system is heavily based on earnings from work. Taxes on income from dividends, capital gains and inheritance make a tiny contribution to the public purse.

    This is a fundamental flaw of the tax system which does little to dent the growing concentration of wealth owned by the few. Through political inertia, the tax system has failed to catch up with the growing importance of wealth over income.

    Inherit the earth?

    The fallout from the low taxation on wealth is well illustrated by the role of inheritance.

    Levels of wealth passed on after death in the UK have been rising sharply. Over the next three decades, some millennials are expected to inherit a staggering £5.5 trillion, dwarfing all previous transfers of wealth between generations.

    The lion’s share of this transfer will go to the most affluent. The lifetime wealth of those with parents in the richest fifth will see their wealth grow by 29% – compared with 5% for those born to the poorest fifth.

    This will only intensify the reproduction of the wealth divide of the past.

    Extending the tax base is not just about fairness or revenue raising. Asset holdings are often little more than unused resources, while big inter-generational wealth transfers can play a counterproductive role in the economy.

    Over a third of the UK’s wealth is stored in property (with the rest in pensions, savings and possessions). This is mostly only realised when passed on through inheritance , where its benefits accrue to the already privileged. Little of this process contributes to more productive activity, with one of its most malign effects being to fuel higher house prices, because the money is largely reinvested in property.

    The unfairness of inherited wealth has long been recognised. The patron saint of economics, Adam Smith called it “manifestly absurd”.

    Farmers have protested against Labour’s plans for inheritance tax.
    Mark Anthony Ray/Shutterstock

    A modest and phased rise in capital taxation would help to reduce the passive role played by wealth holdings. Even small changes would release funds which could be used to improve social infrastructure from schools to hospitals.

    One approach would be to build on the existing tax system through higher rates and fewer reliefs and loopholes. The second would be to introduce new taxes.

    In her first budget, Rachel Reeves took steps to raise revenue through the first option, from both inheritance and capital gains tax. But these were too modest to alter the overwhelming dominance of tax on earnings.

    A more fundamental shift would be to reform the existing system of council tax with a larger number of tax bands at the top. Still based on 1991 property values, this is perhaps the least defensible tax in Britain. The most effective alternative would be to replace council tax and stamp duty with a single proportionate “property tax”.

    Another option would be for a modest annual 1% tax on wealth over £2 million, which has the potential to raise around £16 billion a year, or double that on wealth over £1 million.

    Such a measure could be sold politically as a “solidarity tax” to help pay for the things the UK needs. And while governments have been wary of the political reaction to higher taxes on wealth, the tide is turning.

    Those supporting higher taxes on wealth include the Conservative-aligned think tank Bright Blue and an influential campaign group called the Patriotic Millionaires. There is also growing public support.

    Continued public spending austerity would drive more years of stagnation. It would also be politically suicidal for this government, as it was for Labour in 1931 and in the 1970s. But harnessing a little more of the country’s immense private wealth would make the tax system more equitable and by providing the resources to boost social investment, ease the path to economic recovery.

    Stewart Lansley 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. Britain’s unearned wealth has ballooned – a modest capital tax could help avoid austerity and boost the economy – https://theconversation.com/britains-unearned-wealth-has-ballooned-a-modest-capital-tax-could-help-avoid-austerity-and-boost-the-economy-247970

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: New Themed Competition: Innovations in dermal protection against liquid chemicals

    Source: United Kingdom – Executive Government & Departments

    DASA, MOD and the Home Office are seeking proposals that will address the problem of providing dermal protection against liquid chemical contamination.

    • DASA has launched a new Themed Competition: Innovations in dermal protection against liquid chemicals
    • This competition is funded by the Ministry of Defence (MOD) and the Home Office
    • The total possible funding available for this competition is £2.6 million (excluding VAT)
    • Competition closes midday on Tuesday 15th April 2025 (GMT)

    The Defence and Security Accelerator (DASA) is pleased to launch a new Themed Competition called ‘Innovations in dermal protection against liquid chemicals’. Run on behalf of the Ministry of Defence (MOD) and the Home Office, this competition is seeking proposals that will address the challenge of developing a solution to the problem of providing dermal protection against liquid chemical contamination. We are interested in treatments, fabric design, novel constructions or any other approach that prevents the penetration of low surface tension liquids.

    Although being run on behalf of the UK government there is significant potential for solutions developed to be exploited internationally. 

    Read the full competition document to learn more.

    Key dates and funding

    This competition has two challenges. The total possible funding available for this competition for both challenges is £2.6 million (excluding VAT) across the total two year duration. We anticipate funding up to 10 proposals for each challenge.

    The deadline to submit a proposal is midday (GMT) on Tuesday 15 April 2025. Submit via the DASA Online Submission Service.

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

    Background: why we need innovation in this area

    Traditionally, dermal liquid protection has been provided by an air permeable, two-layer system, comprising an outer fabric – which controls the initial liquid interaction with the surface – and a carbon layer to absorb any vapours which penetrate the outer layer. It is the combination of these two layers which enables the wearer to operate in a CBRN (chemical, biological, radiological and nuclear) environment without incurring the associated physiological burden of an air impermeable garment.

    Changes in legislation (e.g. REACH) over recent years are constraining the methods available to defence and security for providing dermal protection against low surface tension liquids (such as chemical warfare agents (CWAs). Due to these changes we are seeking innovative methods for future dermal protection.

    Scope:

    The scope of this competition is technologies that provide wearable dermal protection against liquid chemical contamination. There are various means by which this could be achieved and we are interested in any scientific and technological approaches that have the potential to deliver dermal protection against low surface tension liquids without the use of chemistries which are currently the subject of restriction proposals (e.g. under REACH, ECHA etc.).

    If this sounds like an area you have experience or expertise in, why not read the full competition document to find out more?

    Supporting events

    Dial in webinar

    Thursday 6 March 2025 – a dial-in session providing further detail on the problem space and a chance to ask questions in an open forum. If you would like to participate, please register on the Eventbrite page.

    One-to-one teleconference sessions

    Wednesday 12 March 2025 – a series of 15 minute one-to-one teleconference sessions, giving you the opportunity to ask specific technical questions to the competition team in a closed forum. Registration details for these sessions will be available the day after the launch webinar which is taking place on 6 March 2025. Please attend the webinar or reach out to your local Innovation Partner if you have more general questions on the DASA application process.

    Submit a proposal

    We’re looking for novel ideas that can help to develop the protective fabrics of the future – if you think you have an innovation to share, why not submit a proposal?

    Updates to this page

    Published 18 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: UN rights office warns of ‘dangerous tipping point’ as abuses surge in Sudan

    Source: United Nations 2

    By Vibhu Mishra

    Human Rights

    The UN human rights office (OHCHR) on Tuesday sounded the alarm over escalating rights abuses in Sudan, warning that impunity is driving violations as fighting spreads and more armed groups become involved.

    In a new report, UN investigators detailed multiple attacks on civilians, healthcare facilities, markets, and schools, as well as ethnically motivated summary executions.

    “The continued and deliberate attacks on civilians and civilian objects, as well as summary executions, sexual violence and other violations and abuses, underscore the utter failure by both parties to respect the rules and principles of international humanitarian and human rights law,” said Volker Türk, UN High Commissioner for Human Rights.

    “Some of these acts may amount to war crimes. They must be investigated promptly and independently, with a view to bringing those responsible to justice,” he added.

    Among its key recommendations, the report called for expanding the arms embargo and the jurisdiction of the International Criminal Court (ICC) to cover the whole of Sudan – not just the region of Darfur, where atrocities raged unchecked 20 years ago.

    Twenty-two months of brutal war

    More than 22 months of brutal fighting between Government forces and their former allied militia, the Rapid Support Forces (RSF), has left more than 30 million people across Sudan in need of assistance and protection.

    The fighting has precipitated the world’s worst displacement crisis, with over 12 million displaced from their homes, of whom 3.3 million have fled across the border.

    Food security and healthcare are also in freefall, with less than a quarter of Sudan’s health facilities functioning in areas worst hit by fighting. Nearly 25 million people are suffering from “acute” levels of hunger.

    © WFP

    Workers offload sacks of food aid from a barge in Sudan.

    Sexual violence a weapon of war

    The report highlighted the widespread use of sexual violence as a weapon of war, with 120 documented incidents affecting at least 203 victims. Cases are likely vastly underreported due to fear, stigma, and the collapse of medical and judicial institutions.

    All sides involved in the fighting have been responsible for violations, according to report, including widespread sexual violence.

    “The persistent use of sexual violence as a weapon of war in Sudan is deeply shocking,” High Commissioner Türk said.

    “Urgent steps must be taken by the parties to put an end to it, to hold those responsible to account and provide redress for survivors,” he stressed.

    Crackdown on civic space

    The report also detailed widespread disappearances and a generalised crackdown on civic space, including killings of journalists and attacks on human rights defenders.

    At least 12 journalists were killed, two of them while in detention, and 31 were arbitrarily detained, including four women.

    In all, throughout 2024, OHCHR documented more than 4,200 civilian killings in the context of hostilities though the real number is likely much higher.

    © UNFPA Sudan

    Reamins of a health clinic that was attacked and looted, leaving thousands of women and girls without access to critical care.

    A dangerous tipping point

    Li Fung, the head of the OHCHR office in Sudan, described the dire situation in Sudan as a “dangerous tipping point”.

    Speaking to journalists at the UN Office at Geneva (UNOG) via video link from Port Sudan, she underscored the need for the international community to renew the focus on human rights.

    “[The international community] must take all necessary measures to protect civilians and prevent further violations and abuses. It remains urgent to ensure critical humanitarian assistance can reach those in need,” she said.

    “Together, we must stand with the people of Sudan.”

    MIL OSI United Nations News –

  • MIL-OSI Security: Millbrook — Millbrook RCMP charge man after stabbing

    Source: Royal Canadian Mounted Police

    Millbrook RCMP has charged a man with Attempt to Commit Murder and Assault with a Weapon after a stabbing in Millbrook.

    On February 16 at approximately 1:45 am, RCMP and EHS responded to a 911 call from a residence on Birch Bark Rd. Responding officers located a 31-year-old man with multiple injuries inside the home, and learned that he had been stabbed by another man, who was known to him. The injured man was transported to hospital.

    Officers safely arrested the suspect who was located in another room in the home.

    A search warrant was executed at this residence to locate and seize further evidence. RCMP Forensic Identification Section is supporting the ongoing investigation.

    Brenton Joseph Arsenault, 29, of Brookfield, has been charged with:

    • Attempt to Commit Murder
    • Assault with a Weapon

    Arsenault was held in custody and will have a first court appearance at Truro Provincial Court on February 18, 2025.

    MIL Security OSI –

  • MIL-OSI: Crown LNG Signs Gas Sales MOU with India Gas Exchange

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 18, 2025 (GLOBE NEWSWIRE) — Crown LNG Holdings Limited (Nasdaq: CGBS) (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, announced today the execution of a Memorandum of Understanding (MOU) with the India Gas Exchange Ltd. (“IGX”), India’s first automated national level trading platform. The MOU outlines how Crown and IGX plan to cooperate on liquefied natural gas (“LNG”) sales to pipeline customers downstream from Crown’s planned LNG import terminal in Kakinada, India.

    The signing ceremony on the sidelines of India Energy Week 2025 in New Delhi included Swapan Kataria, CEO of Crown LNG, and Rajesh Kumar Mediratta, Managing Director & CEO of IGX, and was witnessed by The Honorable Member of Parliament from Kakinada Shri Tangella Uday Srinivas, an advocate for building infrastructure to empower millions of households and to improve the development of new industries in Andhra Pradesh, including data centers requiring uninterrupted 24/7 power supply.

    The non-binding MOU provides a framework for LNG cargoes traveling through Crown’s regasification terminal to be listed, marketed, and sold on the IGX. Under the agreement, IGX will drive market awareness through workshops and industry engagement initiatives, encouraging wider participation in gas trading. Crown LNG will collaborate closely with IGX on LNG cargo arrivals and sales, ensuring a stable and efficient supply chain. Together, they aim to unlock new opportunities in India’s energy sector and reinforce the role of natural gas as a key driver of sustainable economic growth. Both organizations will explore further areas of cooperation to accelerate India’s 15% gas-based economy target by 2030, as envisioned by Prime Minister Narendra Modi.

    “This collaboration will offer Crown a unique position to sell gas to a large base of producers, traders, and offtakers throughout India,” said Swapan Kataria, Crown LNG CEO. “We believe this agreement is the first of several that will address the lack of supply for the eastern coast of the fourth largest LNG importer in the world. Together with IGX and our growing network of trusted local partners, we are excited to strengthen India’s energy security and to help make natural gas more accessible to industries and micro-enterprises across India.”

    The Kakinada terminal has received an approved total import capacity of 7.2 MMTPA. Crown expects to achieve final investment decision for the project in 2026 and to deliver first gas in 2029.

    About Crown LNG Holdings Limited
    Crown LNG is a leading provider of offshore LNG liquefaction and regasification terminal infrastructure solutions for harsh weather locations, which represent a significant addressable market for bottom-fixed, gravity based (“GBS”) liquefaction and floating storage regasification units, as well as associated green and blue hydrogen, ammonia and power projects. Through this approach, Crown aims to provide lower carbon sources of energy securely to under-served markets across the globe. Visit www.crownlng.com/investors for more information.

    Forward-Looking Information and Statements

    Certain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of Crown’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Crown. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Crown LNG Contacts

    Investors
    Caldwell Bailey
    ICR, Inc.
    CrownLNGIR@icrinc.com

    Media
    Zach Gorin
    ICR, Inc.
    CrownLNGPR@icrinc.com

    The MIL Network –

  • MIL-OSI: ECN Capital Schedules Q4-2024 Conference Call

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 18, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or “the Company”) announced today that it intends to file its financial statements and management discussion and analysis for the three-month period and full year ended December 31, 2024, after markets close on Thursday, February 27, 2025.

    The Company will host an analyst briefing to discuss these results commencing at 5:30 PM (ET) on Thursday, February 27, 2025. The call can be accessed as follows:

    A telephone replay of the conference call may also be accessed until March 27, 2025, by dialing 1-800-645-7964 and entering the passcode 5036#.

    About ECN Capital Corp.

    With managed assets of US$6.7 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American based banks, credit unions, life insurance companies, pension funds and institutional investors (collectively our “Partners”). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance and rental) loans. Our Partners are seeking high quality assets to match with their deposits, term insurance or other liabilities. These services are offered through two operating segments: (i) Manufactured Housing Finance, and (ii) Recreational Vehicles and Marine Finance.

    Contact

    Katherine Moradiellos
    561-631-8739
    kmoradiellos@ecncapitalcorp.com

    The MIL Network –

  • MIL-OSI: Electrify Expo Expands in 2025 with New Cities, More Demos and Next-Level Experiences

    Source: GlobeNewswire (MIL-OSI)

    • North America’s premier electric vehicle festival returns for its biggest year yet, adding Chicago and Dallas to its eight-city tour
    • For the first time, attendees can choose from five ticket options, each tailored to enhance the experience for every type of EV shopper
    • New experiences, including the #EVRealityCheck Stage, alongside interactive demo zones like the Solar Zone, EV Charging Zone, Sim Zone, RC Zone and more

    AUSTIN, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Electrify Expo, North America’s largest electric vehicle (EV) and technology festival, is gearing up for its most exciting season yet in 2025. After a record breaking tour in 2024, Electrify Expo is expanding again, adding two major markets, Chicago and Dallas, to its eight city lineup. In addition to the new stops, attendees can look forward to expanded interactive zones and immersive experiences that showcase the latest advancements in electric mobility, charging and clean energy.

    “I have seen a massive increase in EV curiosity over recent months,” said BJ Birtwell, CEO and Founder of Electrify Expo. “US consumers appear eager to experience EVs and the best way to turn curious prospects into converts is with firsthand experiences, and that’s exactly what we do at Electrify Expo. We’ve become the 21st century Auto Mall jammed with attendees cross-shopping electric cars, trucks, motorcycles, bikes, scooters and more.”

    New for 2025
    Premium Ticket Experiences for Attendees: For the first time, Electrify Expo is offering five ticket options tailored to various needs and experiences.

    • General Admission Pass: All day access to the festival and demo experiences.
    • HeadStart Pass: Get early access to explore the festival an hour before general admission.
    • Dash Pass: Skip the lines with priority access to participating demo zones.
    • Power Pack: The best of both worlds, early entry plus priority access for the ultimate experience.
    • VIP Pass: Enjoy exclusive perks like premium lounge access, dash pass access, complimentary Electrify Expo merch, and VIP early entry.

    New Interactive Zones and Experiences: Building on its mission to provide hands-on EV experiences, Electrify Expo is unveiling new attractions in 2025.

    • EVRealityCheck Stage Powered by GreenCars: Debunk EV myths and challenge common EV misconceptions with live expert discussions, real world data and interactive Q&A sessions.
    • Electric Avenue: Go beyond the showroom with live product demonstrations, hands-on experiences and direct access to top EV brands.
    • The Solar Zone: Meet with a variety of solar manufacturers, retailers and installers and learn how Solar can power your home and EV…all while saving money.
    • EV Charging Zone: Get expert insights on EV charging, infrastructure and range with interactive demonstrations.
    • SIM Zone: Test your driving skills on high performance racing simulators in a hyper realistic setting.
    • Electric Stunt Zone: Watch pro riders push electric motorcycles to their limits in thrilling live performances at select locations.
    • LEV Zone: Experience the benefits of light electric vehicles, including UTVs, side by sides and modern electric golf carts.
    • RC Zone: Race high speed electric powered RC cars on tracks built for head to head competition.

    2025 tour schedule:

    • March 22-23: Orlando, FL
    • April 12-13: Phoenix, AZ
    • May 24-25: Dallas, TX **new city
    • June 21-22: Los Angeles, CA
    • July 12-13: Seattle, WA
    • August 23-24: San Francisco, CA
    • September 13-14: Chicago, IL **new city
    • October 18-19: New York, NY

    For the full 2025 schedule and to secure tickets, visit www.electrifyexpo.com. Media interested in attending may request credentials by emailing ee@skyya.com.

    Companies interested in exhibiting at the 2025 Electrify Expo locations can visit https://www.electrifyexpo.com/partner-registration.

    About Electrify Expo
    Electrify Expo is North America’s largest electric vehicle (EV) and technology festival, where consumers come to shop and experience all things electric. The festival showcases the industry’s leading brands and exciting startups through hands-on activations, demos and experiences spanning EVs, micromobility, solar energy, charging solutions, powersports, automotive aftermarket, and connected home technology, providing attendees with immersive learning opportunities and memorable interactions. From high-powered demo courses to engaging education zones, Electrify Expo offers a unique festival vibe for consumers to reshape what they think they know about EVs. In 2025, Electrify Expo’s nationwide tour will visit Orlando, Phoenix, Dallas, Los Angeles, Seattle, San Francisco, Chicago and New York. To stay up to date on the latest news and announcements from Electrify Expo, visit www.electrifyexpo.com and follow on Facebook, Instagram and YouTube.

    Media Contact
    Skyya PR
    ee@skyya.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/75ab5f32-89d3-44a9-8fd3-68efeab0ad0c

    The MIL Network –

  • MIL-OSI: ManTech Names John Lossing Vice President of Industry Compliance

    Source: GlobeNewswire (MIL-OSI)

    HERNDON, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) — ManTech, a leading provider of AI and mission-focused technology solutions, has named John Lossing as Vice President of Industry Compliance, serving as lead liaison with the Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA).

    “For more than 25 years, John Lossing has demonstrated his outstanding performance in compliance management, government contract accounting, business ethics and regulatory compliance,” said Jay Romyn, ManTech Chief Accounting Officer. “His proven experience with DCAA and DCMA, the Federal Acquisition Regulation (FAR) and Department of Defense FAR Supplement (DFARs) and Business Systems compliance make him ideal for this position with ManTech.”

    Prior to joining ManTech, Lossing served as Vice President – Compliance at Health Net Federal Services, where he managed regulatory compliance and business ethics program activities. He also led regulatory compliance at Northrop Grumman and Mission Essential, and government accounting at General Dynamics.

    Lossing earned his BS degree in Business Administration – Management Information Systems from the University of New Haven, West Haven, CT.

    About ManTech  
    ManTech provides mission-focused technology solutions and services for U.S. Defense, Intelligence and Federal Civilian agencies. In business for more than 56 years, we are a leading provider of AI solutions that power full-spectrum cyber, data collection & analytics, enterprise IT, high-end engineering and software application development solutions that support national and homeland security. Additional information on ManTech can be found at www.mantech.com.

    Media Contact: 
    Jim Crawford 
    ManTech 
    Executive Director, External Communications 
    (M) 703-498-7315 
    James.Crawford2@ManTech.com  

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aeb17f39-a034-4d2c-99b7-e4fe6c7140b7

    The MIL Network –

  • MIL-OSI: Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    Fourth Quarter 2024 Highlights

    • Consolidated net sales of $485.7 million, an increase of 3% to the prior year
    • Energy Systems and Distribution net sales increased 5% and 6%, respectively, while Water Systems net sales were flat
    • Operating income was $43.0 million with operating margin of 8.9%
    • GAAP fully diluted earnings per share (EPS) was $0.72

    Full Year 2024 Highlights

    • Consolidated net sales of $2.0 billion, a decrease of 2% to the prior year
    • Distribution net sales increased 2%, while Water Systems and Energy Systems net sales decreased 2% and 8%, respectively
    • Operating income was $243.6 million with operating margin of 12.1%
    • GAAP fully diluted earnings per share (EPS) was $3.86
    • Cash flows from operating activities were $261.4 million

    FORT WAYNE, Ind., Feb. 18, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. today announced its fourth quarter and full year financial results for fiscal year 2024.

    Fourth quarter 2024 net sales were $485.7 million, compared to fourth quarter 2023 net sales of $473.0 million. Fourth quarter 2024 operating income was $43.0 million, compared to fourth quarter 2023 operating income of $50.8 million. Fourth quarter 2024 EPS was $0.72, versus EPS in the fourth quarter 2023 of $0.82.

    Full year 2024 net sales were $2.0 billion, compared to full year 2023 net sales of $2.1 billion. Full year 2024 operating income was $243.6 million, compared to full year 2023 operating income of $262.4 million. Full year 2024 EPS was $3.86, versus EPS in the full year 2023 of $4.11.

    “The fourth quarter marked a solid finish to a challenging year. Our results were driven by strong performance in our newly renamed Energy Systems segment. While we have worked through the elevated post-COVID backlogs at this time, underlying demand remains healthy, and we continue to execute on productivity initiatives as we align our businesses with the more normalized environment,” commented Joe Ruzynski, Franklin Electric’s CEO.

    “Our resiliency is supported by the breadth of our global portfolio, which has proven to be a strategic asset as we closed out a year shaped by macroeconomic pressures. Order trends have improved, and with the support of a very healthy balance sheet, we are well-positioned to capitalize on opportunities in the year ahead. In 2025, our focus turns to driving revenue growth and margin expansion as we accelerate innovation and growth,” concluded Mr. Ruzynski.

    Segment Summaries

    Water Systems net sales were $279.6 million in the fourth quarter, flat compared to the fourth quarter 2023. Results were driven by higher sales of groundwater products, water treatment products and all other surface products. These sales increases were offset by lower sales of large dewatering pumps, which had a record fourth quarter last year. Water Systems operating income in the fourth quarter 2024 was $35.6 million. Fourth quarter 2023 Water Systems operating income was $44.1 million.

    Distribution net sales were $157.2 million, an increase of $9.2 million or 6 percent compared to the fourth quarter 2023. Sales increases were driven by higher volumes and the incremental impact from a recent acquisition. The Distribution segment operating income in the fourth quarter 2024 was $0.5 million. Fourth quarter 2023 Distribution operating income was $1.0 million.

    Energy Systems net sales were $68.8 million in the fourth quarter 2024, an increase of $3.1 million or 5 percent compared to the fourth quarter 2023. Sales increases were driven by higher volumes and price realization. Energy Systems operating income in the fourth quarter 2024 was a record for any fourth quarter at $24.7 million. Fourth quarter 2023 Energy Systems operating income was $19.4 million. The Company has changed the name of the Fueling Systems segment to Energy Systems to reflect its diverse portfolio and growth strategy, as well as to better reflect the markets and customers served by the segment.

    Cash Flow

    The Company ended 2024 with a cash balance of $220.5 million, an increase of $135.5 million compared to the end of 2023. Net cash flows from operating activities for 2024 were $261.4 million versus $315.7 million in the same period in 2023. Cash flow in 2023 benefitted from actions the Company took to improve working capital including inventory reductions as its supply chain resiliency and lead times improved during the year.

    2024 Guidance

    The Company expects its full year 2025 sales including the impact of its recently announced acquisitions to be in the range of $2.09 billion to $2.15 billion and full year 2025 EPS to be in the range of $4.05 to $4.25.

    Earnings Conference Call

    A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to:

    https://edge.media-server.com/mmc/p/9jnstij5

    For those interested in participating in the question-and-answer portion of the call, please register for the call at the link below.

    https://register.vevent.com/register/BI4b232e4ceea6435ba8f046e92e18e563

    All registrants will receive dial-in information and a PIN allowing them to access the live call. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call).

    A replay of the conference call will be available from Tuesday, February 18, 2025, through 9:00 am ET on Tuesday, February 25, 2025, by visiting the listen-only webcast link above.

    Forward Looking Statements

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases,  raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2023, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

    About Franklin Electric

    Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be named in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2024 and America’s Climate Leaders 2024 by USA Today.

    Franklin Electric Contact:

    Jeffery L. Taylor
    Franklin Electric Co., Inc.
    InvestorRelations@fele.com

     
    FRANKLIN ELECTRIC CO., INC. AND CONSOLIDATED SUBSIDIARIES
    CONDENSED CONSOLIDATED STATEMENTS OF INCOME
    (Unaudited)
                   
    (In thousands, except per share amounts)              
                   
      Fourth Quarter Ended   Fiscal Year End
      December 31,   December 31,   December 31,   December 31,
      2024   2023   2024   2023
                   
    Net sales $ 485,745     $ 472,970     $ 2,021,341     $ 2,065,133  
                   
    Cost of sales   321,505       312,961       1,304,061       1,368,125  
                   
    Gross profit   164,240       160,009       717,280       697,008  
                   
    Selling, general, and administrative expenses   117,846       108,825       470,136       433,476  
                   
    Restructuring expense   3,360       356       3,499       1,091  
                   
    Operating income   43,034       50,828       243,645       262,441  
                   
    Interest expense   (1,339 )     (1,481 )     (6,319 )     (11,790 )
    Other income, net   630       1,831       1,339       3,696  
    Foreign exchange expense, net   (1,590 )     (4,026 )     (6,818 )     (12,124 )
                   
    Income before income taxes   40,735       47,152       231,847       242,223  
                   
    Income tax expense   6,443       8,322       50,238       47,489  
                   
    Net income $ 34,292     $ 38,830     $ 181,609     $ 194,734  
                   
    Less: Net income attributable to noncontrolling interests   (637 )     (281 )     (1,300 )     (1,462 )
                   
    Net income attributable to Franklin Electric Co., Inc. $ 33,655     $ 38,549     $ 180,309     $ 193,272  
                   
    Income per share:              
    Basic $ 0.73     $ 0.83     $ 3.92     $ 4.17  
    Diluted $ 0.72     $ 0.82     $ 3.86     $ 4.11  
                   
    FRANKLIN ELECTRIC CO., INC. AND CONSOLIDATED SUBSIDIARIES
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited)
           
    (In thousands)      
           
      December 31,   December 31,
      2024   2023
    ASSETS      
           
    Cash and cash equivalents $ 220,540     $ 84,963  
    Receivables (net)   226,826       222,418  
    Inventories   483,875       508,696  
    Other current assets   32,950       37,718  
    Total current assets   964,191       853,795  
           
    Property, plant, and equipment, net   223,566       229,739  
    Lease right-of-use Assets, net   62,637       57,014  
    Goodwill and other assets   570,212       587,574  
    Total assets $ 1,820,606     $ 1,728,122  
           
           
    LIABILITIES AND EQUITY      
           
    Accounts payable $ 157,046     $ 152,419  
    Accrued expenses and other current liabilities   139,989       104,949  
    Current lease liability   18,878       17,316  
    Current maturities of long-term debt and short-term borrowings   117,814       12,355  
    Total current liabilities   433,727       287,039  
           
    Long-term debt   11,622       88,056  
    Long-term lease liability   43,304       38,549  
    Income taxes payable non-current   –       4,837  
    Deferred income taxes   10,193       29,461  
    Employee benefit plans   29,808       35,973  
    Other long-term liabilities   22,118       33,914  
     
    Redeemable noncontrolling interest   1,224       1,145  
           
    Total equity   1,268,610       1,209,148  
    Total liabilities and equity $ 1,820,606     $ 1,728,122  
           
    FRANKLIN ELECTRIC CO., INC. AND CONSOLIDATED SUBSIDIARIES
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)
    (In thousands)      
           
      2024   2023
    Cash flows from operating activities:      
    Net income $ 181,609     $ 194,734  
    Adjustments to reconcile net income to net cash flows from operating activities:      
    Depreciation and amortization   56,073       52,260  
    Non-cash lease expense   21,438       18,852  
    Share-based compensation   12,061       10,133  
    Other   (13,327 )     10,259  
    Changes in assets and liabilities:      
    Receivables   (17,045 )     19,150  
    Inventory   10,889       48,176  
    Accounts payable and accrued expenses   15,285       (23,085 )
    Operating leases   (21,129 )     (18,874 )
    Income taxes-U.S. Tax Cuts and Jobs Act   (3,870 )     (2,902 )
    Other   19,369       7,007  
           
    Net cash flows from operating activities   261,353       315,710  
           
    Cash flows from investing activities:      
    Additions to property, plant, and equipment   (41,682 )     (41,415 )
    Proceeds from sale of property, plant, and equipment   1,182       1,494  
    Acquisitions and investments   (5,201 )     (34,831 )
    Other investing activities   73       463  
           
    Net cash flows from investing activities   (45,628 )     (74,289 )
           
    Cash flows from financing activities:      
    Net change in debt   29,235       (115,529 )
    Proceeds from issuance of common stock   7,204       9,193  
    Purchases of common stock   (61,041 )     (43,332 )
    Dividends paid   (46,876 )     (41,723 )
    Deferred payments for acquisitions   (2,591 )     (802 )
           
    Net cash flows from financing activities   (74,069 )     (192,193 )
           
    Effect of exchange rate changes on cash   (6,079 )     (10,055 )
    Net change in cash and cash equivalents   135,577       39,173  
    Cash and cash equivalents at beginning of period   84,963       45,790  
    Cash and cash equivalents at end of period $ 220,540     $ 84,963  
           

    Key Performance Indicators: Net Sales Summary

      Net Sales For the Fourth Quarter
      United
    States    		 Latin Europe,
    Middle    		 Asia Total        
    (in millions) & Canada America East & Africa Pacific Water Energy** Distribution Other/Elims Consolidated
                       
    Q4 2023 $161.2   $46.6   $45.5   $26.3   $279.6   $65.7   $148.0   ($20.3 ) $473.0  
    Q4 2024 $158.5   $44.3   $49.7   $27.1   $279.6   $68.8   $157.2   ($19.9 ) $485.7  
    Change ($2.7 ) ($2.3 ) $4.2   $0.8   $0.0   $3.1   $9.2   $0.4   $12.7  
    % Change   -2 %   -5 %   9 %   3 %   0 %   5 %   6 %     3 %
                       
    Foreign currency translation, net* ($0.4 ) ($5.5 ) ($0.8 ) ($0.8 ) ($7.5 ) $0.0   $0.0     ($7.5 )
    % Change   0 %   -12 %   -2 %   -3 %   -3 %   0 %   0 %     2 %
                       
    Acquisitions $3.1   $0.0   $0.0   $0.0   $3.1   $0.0   $4.0     $7.1  
    % Change   2 %   0 %   0 %   0 %   1 %   0 %   3 %     2 %
                       
    Volume/Price ($5.4 ) $3.2   $5.0   $1.6   $4.4   $3.1   $5.2   $0.4   $13.1  
    % Change   -3 %   7 %   11 %   6 %   2 %   5 %   4 %   -2 %   3 %
                       
      Net Sales For the Full Year
      United
    States    		 Latin Europe,
    Middle    		 Asia Total        
    (in millions) & Canada America East & Africa Pacific Water Energy** Distribution Other/Elims Consolidated
                       
    FY 2023 $744.4   $174.2   $198.3   $86.8   $1,203.7   $296.5   $673.3   ($108.4 ) $2,065.1  
    FY 2024 $708.5   $170.9   $211.4   $93.2   $1,184.0   $273.7   $685.5   ($121.9 ) $2,021.3  
    Change ($35.9 ) ($3.3 ) $13.1   $6.4   ($19.7 ) ($22.8 ) $12.2   ($13.5 ) ($43.8 )
    % Change   -5 %   -2 %   7 %   7 %   -2 %   -8 %   2 %     -2 %
                       
    Foreign currency translation, net* ($0.9 ) ($9.7 ) ($6.3 ) ($2.4 ) ($19.3 ) $0.0   $0.0     ($19.3 )
    % Change   0 %   -6 %   -3 %   -3 %   -2 %   0 %   0 %     -1 %
                       
    Acquisitions $17.6   $0.0   $0.0   $0.0   $17.6   $0.0   $17.1     $34.7  
    % Change   2 %   0 %   0 %   0 %   1 %   0 %   3 %     2 %
                       
    Volume/Price ($52.6 ) $6.4   $19.4   $8.8   ($18.0 ) ($22.8 ) ($4.9 ) ($13.5 ) ($59.2 )
    % Change   -7 %   4 %   10 %   10 %   -1 %   -8 %   -1 %   12 %   -3 %
                       

    *The Company has presented local currency price increases used to offset currency devaluation in the Argentina and Turkey hyperinflationary economies within the foreign currency translation, net row above.
    ** Recognizing the Company’s diverse portfolio and growth strategy, it renamed its Fueling Systems segment to Energy Systems to better reflect the markets and customers served by this business.

    Key Performance Indicators: Operating Income and Margin Summary

    Operating Income and Margins          
    (in millions) For the Fourth Quarter 2024
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 35.6   $ 24.7   $ 0.5   $ (17.8 ) $ 43.0  
    % Operating Income To Net Sales   12.7 %   35.9 %   0.3 %     8.9 %
               
    Operating Income and Margins          
    (in millions) For the Fourth Quarter 2023
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 44.1   $ 19.4   $ 1.0   $ (13.7 ) $ 50.8  
    % Operating Income To Net Sales   15.8 %   29.5 %   0.7 %     10.7 %
               
    Operating Income and Margins          
    (in millions) For the Full Year of 2024
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 197.9   $ 93.6   $ 24.3   $ (72.2 ) $ 243.6  
    % Operating Income To Net Sales   16.7 %   34.2 %   3.5 %     12.1 %
               
    Operating Income and Margins          
    (in millions) For the Full Year of 2023
      Water Energy Distribution Other/Elims Consolidated
    Operating Income / (Loss) $ 196.6   $ 92.7   $ 34.3   $ (61.2 ) $ 262.4  
    % Operating Income To Net Sales   16.3 %   31.3 %   5.1 %     12.7 %
               

    The MIL Network –

  • MIL-OSI: In Wake of Sharp Uptick in Judicial Threats, Ironwall by Incogni Offers Complimentary Protective Services to Judges

    Source: GlobeNewswire (MIL-OSI)

    ORANGE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — Following recent threats against Judge Paul Engelmayer, whose personal information was posted online after his ruling against the Trump administration on federal database access, Ironwall by Incogni is calling for urgent action to protect federal judges from exposure to personal threats. To support this effort, the company is offering its Ironwall data protection service to current federal judges free of charge for three months when signing up by March 10, 2025.

    “Despite the heightened risks faced by members of the judiciary, the vast majority of federal judges remain unprotected from the increasing weaponization of personal data,” said Ron Zayas, CEO of Ironwall. “The rapid spread of home addresses, contact details, and personal threats online is a serious security risk. Yet, unlike other public officials, most judges have little to no protection from this kind of exposure. This is unacceptable.”

    The Bolch Judicial Institute at Duke University has raised the alarm, highlighting how judges are now under attack more frequently and with greater intensity than ever before. The current crisis stems from the ease with which personal information can be found and weaponized against them. As Judge Engelmayer’s case demonstrates, a single decision can trigger a deluge of threats, with bad actors leveraging social media and data broker sites to expose judges and their families to potential harm.

    Proactive Privacy Protection

    Ironwall provides a comprehensive privacy protection solution specifically designed for at-risk professionals, including judges, court officials, and law enforcement. The service actively removes judges’ personal data from public databases, reducing their online footprint and minimizing the risk of targeted harassment. Unlike traditional privacy protection services, Ironwall employs continuous, real-time monitoring to ensure that removed information does not resurface.

    The Ironwall service features:

    • Daily Data Scans: Continuous monitoring and removal of personal information from data brokers and search engines.
    • Identity Protection Tools: VPN access, email aliasing, and VoIP number masking to shield personal data.
    • Legal Compliance Support: Ensuring that any exposed data is removed in accordance with state and federal privacy laws.

    Federal judges are encouraged to request access to the Ironwall service here.

    Urgent Need for Legislation & Institutional Support

    While Ironwall provides immediate and effective protection, the broader issue remains: most federal judges lack institutional safeguards against personal data exposure. Current federal protections are limited, leaving judges to navigate privacy threats on their own. Ironwall is urging policymakers, judicial organizations, and law enforcement to push for stronger protections and data privacy legislation to prevent further harm.

    “No judge should have to weigh their personal safety against their duty to uphold the law,” added Zayas. “It is imperative that we act now to ensure their security, both online and offline.”

    Ironwall is committed to standing with the judiciary and those who uphold the rule of law. To learn more about how to help protect judicial officers, visit ironwall.com.

    For further insights into the risks judges face and how we can mitigate them, download our latest white paper: “The Weaponization of Privacy: Why It Will Get Worse, and How You Can Stop It”

    About Ironwall by Incogni

    Ironwall by Incogni strongly supports the idea of a safe and private internet. As a legally contracted agent, Ironwall works with superior courts, social work departments, and law enforcement agencies to search and remove personal information from websites in violation of state and federal privacy restrictions. Ironwall is a member of the Surfshark and NordSec family of companies. For more information, visit https://ironwall.com/.

    Editorial Contact:

    David Hofstede
    Ironwall by Incogni
    844-476-6360 x600
    david.hofstede@ironwall.com

    The MIL Network –

  • MIL-OSI Global: The secret behind Temu’s rock-bottom prices

    Source: The Conversation – France – By Henri Isaac, Maître de conférences en sciences de gestion, Université Paris Dauphine – PSL

    Temu has made a remarkable entry in the global e-commerce landscape, quickly becoming the fifth largest online marketplace in France. Critics claim Temu’s ultra-competitive pricing relies on unfair practices. Yet its success stems from the powerful—and proven—business model of its parent company, Pinduoduo, which started as an online marketplace for fresh fruit…

    In just two years, the Chinese e-commerce platform Temu has emerged as a key contender in the global marketplace. In France, it ranked as the fifth most-visited online commerce platform in October 2024. At the heart of this remarkable achievement are its ultra-low prices, which many observers argue are made possible only through questionable practices, such as poor product quality, dumping, aggressive marketing, and deceptive trade tactics.
    Despite widespread skepticism over its long-term viability, Temu continues to invest heavily in advertising and market penetration, challenging an e-commerce sector where no new player has made a significant breakthrough in the past decade. While other online retailers, like AliExpress and the fashion giant Shein, have disrupted Western markets with similar cutthroat pricing strategies, only Temu has done what few believed possible: outperforming Amazon, the long-standing gold standard for competitive pricing.

    From factory to global store

    Temu’s pricing policies are not revolutionary in China. The platform closely follows the business model of its parent company, Pinduoduo (or PDD Holdings). As Pinduoduo’s international arm, Temu represents China’s ambition to transition from being the world’s factory to becoming the world’s store. Its low prices are not a temporary launch tactic but a fundamental pillar of its long-term strategy.

    Established in Boston in September 2022, Temu is an offshoot of the Chinese e-commerce giant Pinduoduo, founded in 2015 following the success of Pinhaohuo. Introduced by Colin Huang in April that year, Pinhaohuo used WeChat’s group-buying model to sell bulk orders of fresh fruit. Its rapid growth led to the creation of Pinduoduo, which disrupted China’s e-commerce market—long dominated by JD.com and Alibaba—before expanding globally through Temu. Today, Temu operates in 79 countries.

    Reverse auctions and consigned inventory: driving down prices

    At the heart of Temu’s pricing strategy is the Consumer-To-Manufacturer (C2M) model, introduced by Pinduoduo in March 2023. This approach utilizes reverse auctions, where Temu solicits bids from manufacturers, forcing suppliers to compete by offering the lowest possible prices. PDD Holdings sets final product prices and profit margins, and manufacturers deliver products directly to Pinduoduo’s warehouses in China, eliminating the need for Temu to purchase or hold stock. Instead, manufacturers bear storage costs and must take back any unsold items. Payments are typically made quarterly, further easing Temu’s financial burden. In essence, Pinduoduo operates a consigned inventory model.

    Reverse auctions enable Temu to secure the lowest possible prices from the outset, with Pinduoduo’s logistics expertise allowing for rapid order consolidation, creating economies of scale that particularly benefit smaller manufacturers who, without Pinduoduo, would struggle to achieve such demand levels. Additionally, by pooling shipping logistics, Pinduoduo further reduces total product costs compared to direct manufacturer sales.

    Creating a buzz on social media

    On the consumer side, Pinduoduo deploys its group-buying model to drive sales through social media trends. The name Pinduoduo roughly translates as “together, more savings, more fun,” reflecting its core strategy: the more buyers in a group purchase, the lower the price. This tactic has propelled Pinduoduo to become the world’s leading social commerce platform by user numbers, with 694 million users in China alone as of June 2024, according to XQuestMobile China.

    Beyond group purchasing, Pinduoduo has leveraged gamified (gamification) shopping features–widespread in Chinese business culture–to encourage impulse buying, a challenge for most online retailers.

    The company entered the market by strategically targeting overlooked consumer segments, focusing on lower-income shoppers in smaller cities and rural areas, rather than competing for wealthier urban customers dominated by JD.com and Alibaba. This approach led to rapid growth and profitability by 2021. By 2023, Pinduoduo, including Temu, reported $34.879 billion in revenue and a net income of $8.267 billion.

    A commission-free revenue model

    How does Pinduoduo generate revenue? By charging manufacturers for end-customer shipping logistics and marketing services such as product promotion, visibility, and platform placement. Logistics revenue accounts for 38% of the platform’s total earnings, while marketing services contribute 62%.

    Unlike Amazon and other online marketplaces, Pinduoduo does not take commissions on sales. Instead, it operates as a logistics and marketing service provider, facilitating distribution for manufacturers and managing logistics flows.

    This proven revenue framework is key to Pinduoduo’s highly competitive prices. Additionally, the company benefits from a favorable corporate tax rate in China–15% compared to the standard 25% for traditional businesses. By leveraging bulk purchasing, optimized marketing and logistics, and a commission-free structure, Pinduoduo can sustain its low-cost pricing strategy—much like its Chinese e-commerce rival, Shein.

    Favorable customs regulations

    Temu is duplicating the Pinduoduo model abroad. Within this framework, Temu benefits from the U.S. customs tariffs (Section 321 of the Tariff Act of 1930), that exempts goods valued under $800 from customs duties. The EU provides a similar exemption for items under €150 (Article 23 of Regulation 1186/2009). Most of Temu’s products fall below these thresholds, allowing them to be shipped duty-free.

    Within two years, Temu has onboarded over 200,000 retailers, shipped 4 million packages daily from 60 warehouses in China and attracted 467 million users worldwide by offering products 40% to 60% cheaper than Amazon. To rapidly grow its customer base and achieve self-sustaining critical mass in Europe and the U.S., Temu is investing heavily in product subsidies.

    Its online advertising strategy is equally aggressive, with substantial investments in social media ads on platforms like TikTok, Instagram, and Snapchat, as well as search engine ranking. While exact figures for these campaigns remain undisclosed, annual reports from PDD Holdings, show its marketing spend–including Temu’s–increased by 34% to approximately €10.7 billion in 2023, with an estimated $4 to 5 billion allocated to Temu alone.

    Temu’s marketing strategy and its slogan, “Shop like a billionaire,” follow the playbook of major digital platforms, where sustained subsidies drive demand and fuel viral engagement. In such models, economies of scale are directly tied to consumer demand—a concept known as the demand-side economy of scope.

    High logistics costs

    Expanding the Pinduoduo model internationally comes with logistical challenges, particularly due to the higher shipping costs of air freight delivery from China, making the current international model vulnerable to potential losses.

    To address this, Temu began transitioning to a new operating model in March 2024, gradually shifting from its initial fully managed approach to a semi-managed one. Under this model, Temu-represented merchants ship products via ocean freight to U.S. warehouses for local distribution.

    Additionally, Temu has engaged the Chinese diaspora in the U.S. to operate “family warehouses” from their homes, including apartments and garages, providing storage, labeling, and shipping services at competitive rates. This strategy attracts smaller merchants who cannot afford large warehouse facilities. It also demonstrates how retailers are adapting to Temu’s evolving logistics model, with the platform primarily managing purchasing and pricing.

    However, Temu has introduced a traditional model, where sellers set their own prices much like eBay, AliExpress, and Amazon. Already rolled out across several European countries, including the UK, Germany, Spain, and France, the model could challenge Temu’s ability to sustain its ultra-low prices.

    If Temu transitions into a more conventional marketplace, how will its low-cost offerings stack up against Amazon? Temu has disrupted the online retail landscape, but can its aggressive pricing strategy stand the test of time?

    Henri Isaac est membre de Renaissance Numérique.

    – ref. The secret behind Temu’s rock-bottom prices – https://theconversation.com/the-secret-behind-temus-rock-bottom-prices-249231

    MIL OSI – Global Reports –

  • MIL-OSI Global: How to win an election? Focus on persuasion, not policy

    Source: The Conversation – Canada – By Robert Danisch, Professor, Department of Communication Arts, University of Waterloo

    Ontario residents will soon elect a new government, and Canadians should expect a federal election this spring.

    Elections matter. They are opportunities for democracies to enact the bedrock principle that leaders are accountable to the citizenry — and for citizens to examine how communication practices inhibit or enhance democratic life.

    For politicians, elections pose a specific, clear communication challenge: How does a politician persuade a voter?

    Persuade voters

    Success in an election requires persuasion. Too often, though, politicians misunderstand the process of persuasion. The most common mistake is to believe that explaining a specific policy proposal will influence voters.

    Ontario Liberal Leader Bonnie Crombie began her campaign, for example, touting platform doors for Toronto subway stops. This is a sure sign Crombie will fail to persuade a plurality of voters.

    Why? Because Crombie is mistakenly thinking about communication as a process of transmitting information — transmit the right information or policy idea and the public will nod in agreement. That’s not how communication works.

    Science communicators call this the “deficit model” of communication (the public lacks information; once they get it, they change their behaviour).

    Motivate voters; control the narrative

    There’s little evidence that information sharing is persuasive, and popular policy positions routinely fail to persuade voters (a casual look at the last presidential election in the United States demonstrates this). Politicians, of course, want to talk about policy, but policy is how one governs — not how one persuades.

    Politicians need to motivate voters, not inform them. Ancient orators like Demosthenes and Cicero knew this, as did former U.S. president Barack Obama and even authoritarian leaders like Hugo Chavez.

    Explaining policy positions is not how to win an election.

    Crombie’s proposal for platform edge doors reveals a deeper communication problem. A policy like this implies a frame, or a map, through which people are invited to see the world.

    Crombie’s policy proposal suggests that the world is a dangerous place. If we accept that frame, then we are likely to feel fear for our safety and imagine the government as our protector — this is the likely effect of her policy talk.

    This is exactly the frame that conservative politicians often promote. In elections, the party that controls the frame wins.

    The frame implied by any policy matters more than the content of the policy in an election. Another way to understand the power of language is to think of a simple phrase like “tax relief.” For years, left-leaning political parties have advocated for middle class “tax relief.”

    But this frame assumes that taxes are a burdensome infringement (the word “relief” signifies some burden that we need relief from). That is the assumption of right-leaning political parties.

    The more politicians on the left continue to portray taxes this way, the more persuasive the parties on the right become.

    Whose values?

    The important lesson here is that politicians need to have the conversation they want, not the conversation their opponents want. Donald Trump’s most powerful communication skill is forcing the media and his opponents onto his conversational terrain.

    Trump’s oppenent, Kamala Harris, tried to talk values. But her messaging was often too confusing, too complex and too varied to be persuasive, especially compared to Trump’s repetitive drumbeat of value-based accusations.

    Consider the broader frame that government’s job is to help the economy. Some have argued “the economy” is a fiction, a rhetorical construction that suits right-leaning political parties. Whenever the left advocates for a policy that intends to help “the economy” (a higher minimum wage, for example), they recirculate and reaffirm a conservative frame.



    Read more:
    Why Donald Trump’s words work, and what to do about it

    At the core of these frames are often a set of values: freedom is good, government can’t be trusted, the economy matters most. Messaging that focuses on why is much more effective than messaging that focuses on what and how.

    When politicians talk about values more than they provide information, they are more likely to get attention and cause reactions. Values talk — about what’s good or bad, right or wrong — tends to target the more primal, limbic part of our brain, which can cause people to feel motivated to act.

    Crombie, therefore, needs to explicitly articulate her values, why she is running for office, and make sure to implicitly frame any policy suggestion through attention to those values. Right now, she is implying conservative values through liberal policies — that won’t work.

    Stories reinforce the frame

    Values tend to come wrapped in the stories we tell about ourselves and our moment. Marshall Ganz, Harvard sociologist and community organizer, trained Barack Obama’s campaign volunteers in a form of storytelling, based on values, that was intended to motivate people.

    Good stories have villains and heroes, along with challenges or choices. Most importantly, good stories create a feeling of identification — a “we” that navigates a set of challenges or choices.

    Stories that make people feel hope, confidence, solidarity, anger and urgency are particularly adept at motivation. And these stories are also able to reinforce the frame through which we view the world, causing a story to “feel true” for voters even if it contains factual inaccuracies.

    The story that resonates most powerfully creates a sense of identification and makes a specific frame seem true drives electoral outcomes.

    Vision of the future

    The very best stories have a clear vision of the future. Too often politicians fixate on, and lament, problems. All of that problem talk can inhibit motivation. A clear picture of an ideal future shows the citizenry how a story ends.

    These imagined futures can be inspiring in ways that drive action. Painting a compelling tomorrow is a central part of political persuasion.

    These aspects of persuasion have been true for centuries. Our moment, however, adds a complicating element — our social media systems.

    Scholars of rhetoric have long known that repetition is persuasive. Social media amplifies the power of persuasion. This might not improve democratic decision-making, but politicians must still recognize how slogans, memes and sound bites all become the resources for repetition and the grounds in which specific frames or stories begin to dominate conversations.

    Controlling what gets repeated and using figures that are repeatable are necessary contemporary considerations.

    To be clear, if you want to win an election: control the frame, talk about values more than policy, tell a compelling story, paint a bright future, and find ways to repeat, repeat, repeat.

    Robert Danisch 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. How to win an election? Focus on persuasion, not policy – https://theconversation.com/how-to-win-an-election-focus-on-persuasion-not-policy-248733

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Defence Secretary’s speech on Defence Reform

    Source: United Kingdom – Executive Government & Departments

    Transcript of the Defence Secretary’s address on defence reform at the Institute for Government.

    Good morning, everyone. Thank you for being here and thank you for hosting us today.

    The Institute for Government, in my book, plays a really important role in Westminster. It helps hold Ministers to account for what we say we’re going to do as part of that bigger mission to securing this country a better government for Britain.

    I must say, when I confirmed this event a few weeks ago, I wouldn’t have expected such interest in MOD reform, and I’m really grateful for the level of this attendance and presence, both in the room and online.

    But I guess the pace of the geopolitical change which you were referring to Hannah, and what we’re seeing right now confirms what I would argue is the need for change within defence too.

    As I said on my first day as Secretary of State in the department, when I came through the doors, I’m a Defence Secretary that’s more interested in getting results and global opportunities than headlines, and I guess I’m delivering on that promise, making a speech on defence reform right in the middle of parliamentary recess.

    However, the headlines, the wider headlines, and the decisions that we make right now over the coming weeks will not only define the outcome of the conflict in Ukraine, but the security of our world for a generation to come, and the nature of government means dealing with these challenges.

    In my view, the test of leadership, of political leadership isn’t just about managing the immediate, it’s also about reforming for the future.

    We’re in a new era of threat that demands a new era for defence and in the middle of everything else, last week, the new Defence Secretary Pete Hegseth in the US and I,  made time to discuss the aims we share on defence reform.

    This government, our new Labour government, was elected on a mandating one word: change.

    We govern on an instruction in one word: deliver.

    And as a new government, we’re delivering for defence.

    Over these first seven months, we stepped up and speeded up support for Ukraine. We’ve increased defence spending this year by nearly £3 billion, and we’ll set the path to spending 2.5% of GDP in the Spring.

    We’ve launched a new Defence Industrial Strategy. We secured a deal to buy back 36,000 military homes to improve conditions for personnel and get better value for the taxpayer.

    We’ve given the men and women of our armed forces the biggest pay increase for more than 20 years. We signed the landmark Trinity House agreement with the Germany.

    We’ve already progressed the Armed Forces Commissioner bill through the House of Commons to give a strong independent voice to improve service life.

    We have in the MOD two major change programmes both launched within the first month of government.

    One, the Strategic Defence Review. Two, our Defence Reform program. Each is essential for the other. The Defence Review will reinforce the imperative for Defence Reform. Defence reform is the foundation for being able to implement the Defence Review and for discharging what is our first duty in government.

    Exactly a year ago, actually, in February, I gave a speech at Policy Exchange on defence reform in which I outlined, and I said then the need to create a strong defence centre capable of leading Britain meeting the increasing threats we face.

    And in a little noticed section of the Labour Party manifesto at the July election, we pledged specific reforms and said strengthening our defences requires stronger leadership, clearer accountability, faster delivery, less waste and better value for money.

    By the end of July, I put in place a new team, new leadership, and weekly meeting meetings with me to drive our defence reform programme.

    And today, I wanted to offer an update on where we’ve got to and where we are going in the months ahead.

    One of the really special things about this job, the special things about this special job are the deeply impressive men and women I meet every day, from the submariners coming home from weeks undersea, to apprentices on Derby’s nuclear reaction production lines, to the NATO HQ team with people in the MOD building that last week pulled together the Ukraine led contact group meeting of 46 nations in the room at one week’s notice.

    Extraordinary people doing extraordinary things within a system that very often doesn’t work in the way that we need it to, for an increasingly dangerous world, work in the way that we need it to, to provide our armed forces with what they need to deter, to fight and to win.

    First, underpinning it all is the absence of clear, consistent accountability, central to the effectiveness of any organisation. Yet I have been in too many meetings when I ask who’s leading this? Who’s responsible for getting this done? And no one is able to give me a single, clear answer.

    Second, while everyone agrees that defence spending needs to increase, it’s not just how much you spend, but it’s how well you spend it. And we’re simply not securing the value for money our armed forces, our economy needs for every defence panel.

    We duplicate even the most central tasks. For example, we have eleven separate finance functions, two and a half thousand people doing the same activity in different places, in different ways. And third defence is mired in process and procedure. We’ve added complexity where simplicity is needed.

    Procurement, we’ve got a situation where we employ eleven checkers for every one decision maker. So, no wonder it takes an average six years for a large programme simply to get onto contract.

    So today, I’m here to declare that investment in defence will be matched by reform.

    First, we’re introducing clear points of accountability at every level within UK defence, starting at the top with four new senior leaders, four leaders who report to me as Defence Secretary and my ministerial team at the central point of accountability to the British people and to the British public.

    The Chief of the Defence Staff, who, for the first time since this role was created, now commands the service chiefs and will be the head of newly established Military Strategic Headquarters, responsible for force design and war planning across our integrated force.

    The Permanent Secretary, our principal accounting officer, who will run a leaner, more agile Department of State with more policy muscle to lead arguments across Whitehall and with allies, we’ll revamp senior roles to elevate those into policymakers with broad portfolios and powerful mandates.

    Third, our new Armaments Director, who will fix procurement and drive growth. I’ll come back to the detail of the National Armaments Director in a moment.

    Fourthly, our Chief of Defence Nuclear, who will continue to lead and deliver the national Nuclear Enterprise within the recently established ring fence and freedoms.

    This new quad will lead a defence which is more concentrated on warfighting, readiness and on deterrence.

    They’ll shift the approach as an organisation, which too often has been obsessed with process, to one focus on outcomes, in which information flows quickly, accountabilities are clear, and results are demanding. This new quad will be up and running from the 31st of March.

    On finance will match our new accountabilities, making hardware that manages money better to secure better value for money, for the taxpayer, better outcomes for the armed forces.

    [Political reference removed]

    Instead of the ten current top line budget holders, there will be four new budget holders, one for each of this new quad. We will introduce three new centrally determined financial budgets, each with ministerial oversight, readiness, operations, investment.

    The new readiness budget will hold the chiefs of the services to account for how they run their day-to-day spending. This will be done by the Chief of Defence Staff through our new Military Strategic Headquarters. The Military Strategic Headquarters will be responsible for the new operations budget, unencumbered by the excess bureaucracy and the lack of clarity that characterises the way the defence is organised now, and ministers will direct those priorities.

    And then finally, our new National Armaments Director will run the single new investment budget, bringing together eight separate procurement budgets across the organisation into one.

    This will help cut waste, reduce duplication, it will help ensure that we are buying better what our front-line forces need. In turn, the Armaments Director will acquire owning capabilities which are affordable within the budgets set by Ministers.

    These budgets, as with the quad, will have Initial Operating Capability from the end next month, 31st March.

    Our new National Armaments Director will fundamentally change how defence works partner with industry, how the defence becomes the engine for driving economic growth.

    So sitting alongside the Permanent Secretary, the Chief of Defence Staff, then executing £20 billion-plus budget to build sustain our national arsenal, because at this time, we must rearm Britain, and I see this as a new FTSE 100 company within the MOD tasked, if you like, with getting the very best capabilities needed into the hands of our frontline forces.

    Delivering on our Defence Industrial Strategy to create more defence jobs, more defence apprenticeships in every region and nation across the UK. Tasked with driving British exports up and wider, tasked with receiving responsibility for the entire end to end acquisition system for the MOD.

    They will save the taxpayer at least £10 billion over the next decade, savings that we would reinvest directly into Britain’s defence. Our interim National Armaments Director will be in post by the end of next month, recruitment for a permanent candidate is already underway.

    In conclusion, the world is changing. Defence is changing. Our reform programme represents the biggest shake up of UK defence for over 50 years.

    Let me say this. This is a government whose commitment to defence is unshakeable. It’s the foundation for our Plan for Change, for the delivery of our government’s missions, we will match sustained investment with serious reform.

    It will mean, growing the economy. It will mean a more muscular defence for a more dangerous world. It will mean, Britain, which is secure, at home, and strong abroad.

    Updates to this page

    Published 18 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Young innovators shine: Meet the finalists of the Verizon Unloc Young Entrepreneurs Challenge

    Source: Verizon

    Headline: Young innovators shine: Meet the finalists of the Verizon Unloc Young Entrepreneurs Challenge

    LONDON, U.K. – Five young entrepreneurs have been named as finalists in the latest Young Entrepreneurs Challenge (YEC), an initiative launched by Verizon and Unloc.

    The challenge, now in its seventh year, aims to discover the business leaders of tomorrow by tasking young European entrepreneurs between the ages of 16 and 25 to devise a tech-led business idea that addresses a key industry or societal issue.

    This year’s challenge has brought to light a number of business models that tackle current sustainability and healthcare challenges including water restoration robots, biodegradable textiles from kombucha by-products, reforestation hexapod robots, a floating solar solution and a robotic glove for stroke rehabilitation. The team received over 100 competitive and innovative business ideas from a wide range of countries across Europe including the UK, Ireland, Spain, Italy, France, Germany, Switzerland, Belgium, Greece, Slovakia, Turkey, Portugal, Austria, Ukraine, Bulgaria, Estonia and Poland.

    “Throughout the past seven years, the Young Entrepreneurs Challenge has been a brilliant opportunity to discover young and promising talent across Europe. There is nothing like the imagination and innovation of a young mind. The YEC serves as a platform to help bring their ideas to life,” said Sanjiv Gossain, General Manager and Head of EMEA for Verizon Business.

    “Young entrepreneurs in Europe often face hurdles and scepticism in accessing funding and mentorship. Verizon Business is proud to play a small role in helping this next generation of tech leaders stay a step ahead in the industry, as they work to make a positive impact around the world.”

    “We are in an era where technological innovation is crucial for tackling complex challenges in sustainability, climate change, and health. Investing in the next generation of leaders and their ideas is essential to addressing these issues,” said Hayden Taylor, Co-Founder and Chief Executive of Unloc. “Each year, we are amazed by the ingenuity of young entrepreneurs and are impressed to see the innovative ideas submitted for the Young Entrepreneurs Challenge.”

    The five finalists will now compete head-to-head in a grand finale held in March 2025, pitching their business concept live to a panel of expert judges and invited guests representing both the worlds of business and education.

    The winner receives £10,000 (€11,750*), mentorship and a technology support package to help kickstart their business. In addition, the winner will also receive a ticket to attend the Global One Young World 2025 Munich Summit.

    Each runner-up will receive £977 (€1175) to fund their start-up business, a personalised development plan that focuses on key priorities, and access to a series of masterclasses over the next year that will pair the finalists with various industry experts.

    Here are the 2025 finalists:

    Aleksandra Daniljuk – AquaRenew

    Aleksandra aims to address the global environmental crisis of water pollution caused by excess nitrogen and phosphorus in water bodies. Her solution involves small, solar-powered robots that use wire meshes to collect harmful algae blooms, release oxygen through air stones to combat oxygen depletion, and utilise zeolite biofilters to absorb excess nutrients, thereby preventing further eutrophication.

    The key selling point is its self-sustaining business model. The collected algae will be sold to businesses that convert them into biofuels and other sustainable products, creating a revenue stream to fund more robots. This approach not only restores aquatic ecosystems but also fosters sustainability and generates economic value.

    Aleksandra’s solution also aligns with the UN SDG 14: Life Below Water, promoting ecological restoration and sustainability.

    Luisanny Martinez – Skomby by Tex

    Skomby by Tex is a solution to modern challenges in fashion and sustainability that offers a sustainable, biodegradable material made from kombucha fermentation by-products. The eco-friendly alternative to traditional leather and textiles is crafted from bacterial cellulose, offering a lightweight, durable, and unique texture. 

    The material is 100% biodegradable and compostable, and can even be reused as planting capsules. To further enhance the sustainable model of the business, the team uses natural dyes like turmeric, spirulina, and saffron, ensuring no toxic chemicals are involved.

    Skomby by Tex collaborates with local kombucha producers in order to reduce waste and emissions. Luisanny’s long-term vision is to scale production while maintaining low-impact manufacturing practices, such as sun drying and ambient-temperature fermentation.

    Marta Bernardino – Trovador

    The precision reforestation market is projected to reach $9.77 billion by 2033, growing at a 5.74% CAGR, with high demand from the private sector. Recognising a billion-dollar opportunity, Marta developed Trovador, a reforestation robotics company that combats climate change by planting trees in hard-to-reach areas. Unlike drones, which have a low survival rate for seeds, Trovador’s hexapod robots plant saplings with a 90% survival rate. These AI-driven robots navigate challenging terrains like cliffs and slopes, ensuring effective reforestation.

    Trovador’s unique hexapod design preserves essential soil conditions for sapling survival and operates autonomously, overcoming obstacles in real-time. This innovative approach supports sustainability by providing rural communities with a safe, efficient reforestation solution, aligning with several UN Sustainable Development Goals.

    The service is quite simple and self-explanatory: clients select the planting site, the robot is deployed, and reforestation is monitored remotely. With just £2.5 (€3) per tree, Trovador is 30% more affordable than traditional methods, while excelling in speed, safety, and sustainability.

    Sebastiaan Schalkwijk – Solar Sub

    Solar Sub’s floating solar solution revolutionises renewable energy by placing solar panels on water bodies, maximising land use and harnessing natural cooling. This approach enhances system efficiency, increasing energy yield by up to 27% compared to traditional solar systems.

    Solar Sub’s advanced cooling technology and optimal panel positioning improve efficiency and durability, reducing operational costs and extending the lifespan of solar installations. This innovation sets Solar Sub apart from competitors facing issues with panel overheating and degradation.

    Sebastiaan adopts a licensing business model which allows rapid scaling without significant capital investment. This reduces upfront costs and risks, enabling us to focus on strategic partnerships. His model has gained traction with support from key industry players, confirming market interest and feasibility.

    Zain Sumdani – Exoheal

    Exoheal addresses the global shortage of physiotherapists and the inaccessibility of effective therapy with a robotic glove and a machine-learning-powered app. This solution delivers personalised, real-time therapy, enabling stroke recovery from home. Early trials show a 50% improvement in recovery time compared to traditional methods.

    Exoheal app connects patients with hospitals and clinics, allowing remote monitoring and real-time feedback. Its modular design and scalable production ensure affordability and the ability to meet global demand.

    By 2028, Zain and his team aim to transform 100,000 lives, saving governments $178 million in healthcare costs and enabling $16 million in inpatient earnings.

    For more information on the Young Entrepreneurs Challenge visit: youngentrepereneurschallenge.com

    About Unloc

    Unloc was founded in 2013 by award-winning young leaders and advocates Hayden Taylor and Ben Dowling. Our mission is to empower young people to be innovative changemakers who seek to build stronger communities and sustainable businesses. We develop young people’s skills, enhance their potential and boost their determination to succeed. This is encapsulated in our ‘Developing Young Potential’ tagline. We work towards our mission by delivering inspiring educational programmes in our growing network of schools and colleges, our physical Changemaker Studios spaces in Portsmouth and London, and work with business leaders to deliver a range of programmes that help us achieve our mission. For more information about Unloc visit www.unloc.org.uk

    MIL OSI Economics –

  • MIL-OSI Banking: Huawei Europe Bags Prestigious Top Employer 2025 Award for Sixth Consecutive Year Feb 18, 2025

    Source: Huawei

    Headline: Huawei Europe Bags Prestigious Top Employer 2025 Award for Sixth Consecutive Year
    Feb 18, 2025

    [Düsseldorf, Germany, February 18, 2025] Huawei Europe earned recognition as a Top Employer in Europe for the sixth consecutive year in 2025. This prestigious certification covers the following 17 countries: Austria, Belgium, France, Germany, the Czech Republic, Greece, Hungary, Italy, Ireland, the Netherlands, Portugal, Poland, Romania, Spain, Switzerland, Sweden and Turkey.
    Huawei received the Top Employer Europe Award during the Top Employers Institute celebration dinner event

    The recognition is a testament to Huawei Europe’s exemplary human resources practices and underscores its commitment to fostering a culture of innovation, inclusivity, and continuous improvement.
    Lesley White, Vice President of Human Resources, Huawei European Region said: “Europe is home to a diverse and highly skilled talent pool, driving innovation and excellence. Being certified as a Top Employer in Europe is a testament to Huawei’s commitment to fostering a supportive, inclusive, and growth-oriented workplace. This recognition underscores the importance of investing in employee development, well-being and engagement, ensuring that the company not only attracts top talent but also retains and empowers them to thrive in a competitive global landscape.”
    The Top Employers Institute is a globally recognized authority in certifying excellence in employment practices. The certification process involves a comprehensive survey across six core dimensions, with over 250 detailed questions assessing various HR practices. Each topic is evidence-based, ensuring answers are factual and aligned with industry benchmarks, followed by a rigorous audit to guarantee certification accuracy.
    Patrik Rendel, Regional Manager DACH & CEE of Top Employers Institute said: ” On behalf of the Top Employers Institute, we extend our heartfelt congratulations to Huawei for achieving the prestigious Top Employer certification with an impressive score of 91.26%. This remarkable accomplishment reflects commitment to implementing best HR practices. Huawei’s dedication to empowering talent and driving innovation sets a benchmark for excellence in the industry. We are proud to recognize Huawei as a leader in people practices and look forward to your continued success in shaping the future of work. ”
    Lesley White, Vice President of Human Resources, Huawei European Region with Top Employers Institute CEO David Plink

    Huawei is dedicated to driving digital transformation and innovation, connecting the world through cutting-edge ICT technology. With a focus on excellence, we empower individuals to lead, excel, and shape the future of connectivity. Join us in a dynamic, supportive environment where your contributions will be recognized, and your potential can break boundaries, advancing both your career and global progress.
    To learn more visit: https://career.huawei.com/reccampportal/euportal/portal/index.html

    MIL OSI Global Banks –

  • MIL-OSI Banking: Huawei Europe Bags Prestigious Top Employer 2025 Award for Sixth Consecutive Year

    Source: Huawei

    Headline: Huawei Europe Bags Prestigious Top Employer 2025 Award for Sixth Consecutive Year

    [Düsseldorf, Germany, February 18, 2025] Huawei Europe earned recognition as a Top Employer in Europe for the sixth consecutive year in 2025. This prestigious certification covers the following 17 countries: Austria, Belgium, France, Germany, the Czech Republic, Greece, Hungary, Italy, Ireland, the Netherlands, Portugal, Poland, Romania, Spain, Switzerland, Sweden and Turkey.
    Huawei received the Top Employer Europe Award during the Top Employers Institute celebration dinner event

    The recognition is a testament to Huawei Europe’s exemplary human resources practices and underscores its commitment to fostering a culture of innovation, inclusivity, and continuous improvement.
    Lesley White, Vice President of Human Resources, Huawei European Region said: “Europe is home to a diverse and highly skilled talent pool, driving innovation and excellence. Being certified as a Top Employer in Europe is a testament to Huawei’s commitment to fostering a supportive, inclusive, and growth-oriented workplace. This recognition underscores the importance of investing in employee development, well-being and engagement, ensuring that the company not only attracts top talent but also retains and empowers them to thrive in a competitive global landscape.”
    The Top Employers Institute is a globally recognized authority in certifying excellence in employment practices. The certification process involves a comprehensive survey across six core dimensions, with over 250 detailed questions assessing various HR practices. Each topic is evidence-based, ensuring answers are factual and aligned with industry benchmarks, followed by a rigorous audit to guarantee certification accuracy.
    Patrik Rendel, Regional Manager DACH & CEE of Top Employers Institute said: ” On behalf of the Top Employers Institute, we extend our heartfelt congratulations to Huawei for achieving the prestigious Top Employer certification with an impressive score of 91.26%. This remarkable accomplishment reflects commitment to implementing best HR practices. Huawei’s dedication to empowering talent and driving innovation sets a benchmark for excellence in the industry. We are proud to recognize Huawei as a leader in people practices and look forward to your continued success in shaping the future of work. ”
    Lesley White, Vice President of Human Resources, Huawei European Region with Top Employers Institute CEO David Plink

    Huawei is dedicated to driving digital transformation and innovation, connecting the world through cutting-edge ICT technology. With a focus on excellence, we empower individuals to lead, excel, and shape the future of connectivity. Join us in a dynamic, supportive environment where your contributions will be recognized, and your potential can break boundaries, advancing both your career and global progress.
    To learn more visit: https://career.huawei.com/reccampportal/euportal/portal/index.html

    MIL OSI Global Banks –

  • MIL-OSI United Nations: UNECE and UN Road Safety Envoy call for global use of UN helmet standard to save millions of lives 

    Source: United Nations Economic Commission for Europe

    Wearing quality helmets reduces the risk of death for drivers and passengers of powered two- and three-wheelers by over six times and reduces the risk of brain injury by up to 74%.  UN regulation No. 22 has provided countries with the blueprint to legislate the use of tested and certified helmets for over 50 years. Already applied in 43 countries, millions of lives could be saved through the worldwide application of this standard.  

    As governments and stakeholders come together for the 4th Ministerial Conference on Road Safety in Marrakech on 18-20 February, UNECE and the UN Secretary-General’s Special Envoy for Road Safety, Jean Todt, are launching a call for widespread enforcement of UN Regulation 22. 

    “Wearing a helmet that meets the UN standard is a game changer”, stressed UN Secretary-General’s Special Envoy for Road Safety Jean Todt. “Countries must address any remaining legislative gaps to make helmet use compulsory, and ensure that affordable safe helmets are available to all. Together with political will and partnerships like the safe and affordable helmets initiative we have shown this can be done. Now we need action at scale.”  

    “Millions of households around the world depend on two- and three-wheelers, but do not have access to safe and affordable helmets. The human cost caused by this situation, not to mention the huge economic impact of deaths and injuries, is unacceptable. It is the collective responsibility of regulators, governments and manufacturers to ensure that helmets meeting the safety standards of UN certification are available and to convince riders to use them. This is a matter of justice and equity – no one should be left behind when it comes to road safety,” said Tatiana Molcean, UNECE Executive Secretary.    

    Rise in 2-3 wheelers calls for urgent safety action  

    Two- and three-wheeler use has grown rapidly as many low-and -middle-income countries have motorized over the last 20-30 years. Motorcycles comprise nearly 70% of the national vehicle fleet in countries like India, Indonesia, the Philippines and China. However, the lack of a widespread, systematic approach to ensuring safety has led to a huge increase in deaths and injuries.  

    According to the 2023 Global Road Safety report of the World Health Organization, motorcyclists and other powered two- and three-wheeler riders represent 30% – a staggering 357,000 deaths – of the 1.19 million global road traffic deaths every year. This marks a 25% increase in the number of victims since 2013, with head injuries being the main cause of death in most motorcycle crashes. Non-use of helmets among motorcyclists across some 40 countries was reported at 20% for drivers and 30% for passengers. 

    In Malaysia, nearly 65% of road crash victims are motorcycle riders, while in the European Union, which has the lowest death rate compared to any country worldwide at 4.6/100,000, users of powered two-wheelers (motorbikes and mopeds) accounted for only 19% (3,876) of the deaths on the road in 2023. 

    Safe helmets need further enforcement  

    Since the entry into force of UN regulation No. 22, 43 countries have applied it, including:  

    • Belgium in 1972 
    • Netherlands in 1972 
    • Sweden in 1973 
    • Spain in 1976 
    • Italy in 1977 
    • Finland in 1977 
    • Switzerland in 1982 
    • Russian Federation in 1986 
    • New Zealand in 2002 

     

    And most recently in; 

    • Pakistan in 2020 
    • Malaysia, the Philippines and Uganda in 2023 

     

    But with the rapid increase of two- and three-wheeler use, application in many more countries around the world could significantly reduce risks.  

    The Special Envoy’s Safe and Affordable Helmets Initiative 

    The cost of UN-certified helmets can be a barrier to mass use in many countries. In other markets, the proliferation of helmets which do not comply with UN Regulation 22 offers a false sense of protection to riders and passengers, as highlighted in the White Paper of the Global Alliance of NGOs for Road Safety released last week. 

    In order to make safe helmets available to many more road users in developing countries, Special Envoy Jean Todt launched the Safe and Affordable Helmets Initiative in 2020. The Initiative promotes safe helmet use and the development and mass production of UN-certified helmets in developing countries themselves. 

    As a result, producers in India, Indonesia, Spain, and South Korea have already started manufacturing UN-certified helmets for retail at around $20, and more than 40,000 helmets financed by partners of the initiative were distributed in some 17 countries in Africa, Latin America and South-East Asia. In addition, Rwanda, through a project financed by the UN Road Safety Fund, set up a helmet testing facility in December 2024 and align its national standard and certification scheme with UN Regulation N°22. The aim is to build the foundations for a vibrant, scalable helmet manufacturing industry to produce a consistent supply of safe and affordable helmets that would be available across Africa. 

     

    Note to editors 

    UNECE hosts the World Forum for Harmonization for Vehicle Regulations (WP.29), which develops and updates safety regulations, including UN Regulation No. 22. As custodian of the UN road safety conventions, UNECE hosts the Secretariats of both the Special Envoy and UN Road Safety Fund and supports their work. 

    Technical specifications of helmet manufacturing and testing  

    UN Regulation No. 22, under the 1958 Agreement outlines a series of tests that ensure adequate measures for fields of vision, hearing ability, non-flammability, material requirements, moisture absorption, and child helmet provisions. One of the most important requirements that makes UN Regulation No. 22 unique, compared to other standards, is conformity of production (CoP) – the procedure to ensure that helmets produced by a manufacturer, is in conformity with the approved type overtime.  

    The conformity of production procedures; exchange of information among type approval authorities on type approvals granted, counterfeit products and products not meeting the requirements. All this aims to prevent the delivery of fake helmets to the market. Countries involved in the UN system can, thus, rely on each other in the implementation and maintenance of their national legislation based on UN Regulation No. 22. 

    Technological and materials improvement have led to amendments in 1988, 1995, 2000, and in 2021 concerning moisture absorption, scratch resistance, friction limits, and chinstrap strength.  

    The 06 series of amendments of the UN Regulation No. 22, entered into force in 2021, increases the number and types of testing required for certification, including visor coloring and material, testing of extra impact points, and updated procedures for tests introduced previously. UN Regulation No. 22-05 tested helmets in rectilinear impact situations, i.e. perpendicular to the impacted surface. Series 6 adds oblique impacts to its tests, which better reflects real-world impact conditions and better protects the brain from rotational accelerations. 

    MIL OSI United Nations News –

  • MIL-OSI USA: Cookies, Cream, and Crumbling Cores

    Source: NASA

    Perseverance’s drives over the last few weeks have doubled back several times. Why such an unconventional route? Team scientists have been delighted to find new kinds of rocks that could be the oldest ever found on Mars and are eager to collect samples.
    Perseverance embarked on the Crater Rim Campaign in search of ancient uplifted rock, to better understand the geologic processes occurring early in Mars’ history, and search for ancient habitable environments. Recent discoveries have not disappointed: so far in this portion of the rim, every outcrop that the rover has taken a close look at using the science instruments on its robotic arm has ended up being something new. As explained in the previous update, after acquiring the “Silver Mountain” core, which is rich in the mineral pyroxene, Perseverance approached a nearby rock that had signatures of the mineral serpentine, fittingly nicknamed “Serpentine Lake.” Following this, the rover used its abrasion tool to clean the rock of dust and coatings for detailed scientific interrogation, and the team was wowed by the intriguing rock texture, which resembles “cookies & cream” dessert (see photo above), and the very high abundance of minerals like serpentine, which form in the presence of water.
    After finishing that investigation, the operations team decided to have Perseverance head back along its path once more to the site of its first abrasion in this part of the rim, named “Cat Arm Reservoir,” to acquire a sample. Results from that earlier analysis showed a rock texture with coarse pyroxene and feldspar crystals consistent with an igneous origin. However, the sample tube turned up empty. What happened? Perseverance has encountered this problem before: flashback to our first ever coring attempt. It’s not a common occurrence, but sometimes the rocks Perseverance tries to sample are so weak that upon coring they essentially disintegrate into a powder instead of remaining in the tube. The rover drove to a nearby spot and tried again, but when a second attempt to core this rock did not retain any sample, the team decided to move on.
    This week, Perseverance will return once again to the site of the Serpentine Lake abrasion patch to acquire a core of this fascinating rock, which records intense alteration by water. The team hopes that it will prove strong enough to acquire a core, and if successful, Perseverance may perform more scans on the abrasion patch. Afterward, the plan is to drive downhill to an area called “Broom Point,” home to a spectacular sequence of layered rock, where I’m sure more surprises and exciting scientific discoveries await.
    Written by Athanasios Klidaras, Ph.D. student at Purdue University

    MIL OSI USA News –

  • MIL-OSI Economics: Christopher J Waller: Disinflation progress uneven but still on track rates cuts on track as well

    Source: Bank for International Settlements

    Thank you, Bruce, and thank you for the opportunity to speak to you today. It’s great being back in Sydney and seeing old friends-like the Opera House!

    As I look at the U.S. economy today, I see that the real side is doing just fine but progress on lowering inflation has come in fits and starts.1 After two good months of inflation data for November and December, January once again disappointed and showed that progress on inflation remains uneven. I continue to believe that the current setting of monetary policy is restricting economic activity somewhat and putting downward pressure on inflation. If this winter-time lull in progress is temporary, as it was last year, then further policy easing will be appropriate. But until that is clear, I favor holding the policy rate steady.

    Spending by households and businesses has proved to be resilient, we have solid growth in real gross domestic product (GDP) and the latest data on employment, including revisions to most of 2024, support the view that labor market is in a sweet spot. Meanwhile, last week’s January inflation data have a similar feel to that of January 2024, albeit to a smaller degree; they surprised on the high side and raised concerns that the progress we made in pushing inflation toward our 2 percent goal would stall out. But once we got past the first quarter of last year, we did see continued progress in reducing inflation in the latter part of the year. The question now is if we will see progress again later this year, as we did in 2024.

    Progress on inflation is an important consideration in policymakers’ judgment about whether monetary policy needs adjustment in the near term. The continued solid labor market is one reason why I supported the Federal Open Market Committee’s (FOMC) decision at the end of January to hold our policy rate steady. After two good inflation reports for November and December there was concern about a January bounce back in inflation. So based on good labor market data and concerns about a seasonal shock to inflation not fully adjusted in the data, I felt it was prudent to stand pat at our January meeting. Given last week’s inflation report, that concern was warranted.

    Let me pause here for a moment to address some commentary after the FOMC meeting that cited uncertainty about the new Administration’s policies as a leading reason for that decision. We must keep in mind that there is always a degree of uncertainty about economic policy, and we need to act based on incoming data even when facing great uncertainty about the economic landscape. We have done this in the past and will continue to do so in the future.

    Let me provide two recent examples where the FOMC acted in the face of great uncertainty. In March 2022, inflation was roaring, and rate hikes were on the table. Then Russia invaded Ukraine, which created tremendous economic uncertainty around the globe. Not only did the FOMC raise the policy rate in March 2022 for the first time since 2019, but in subsequent meetings we also implemented large rate hikes for several meetings. We could not wait for uncertainty about the war to be resolved.

    The second episode was in March of 2023 when stresses emerged in the U.S. banking system, stemming in part from the failures of Silicon Valley Bank and Credit Suisse, with the latter occurring the weekend before our March FOMC meeting. There was great uncertainty as to whether these events would lead to financial instability and a significant contraction of credit that could trigger a recession. Many forecasters projected a recession would hit in the second half of 2023 as a result. Consequently, there were calls to stop hiking the policy rate due to a tremendous amount of financial and banking uncertainty. But the Federal Reserve worked in concert with other government agencies and used its financial stabilization tools to deal with the banking issues and continued raising the policy rate to deal with inflation.2 So the moral of this story is that monetary policy cannot be put on hold waiting for these types of uncertainty to resolve.

    Putting uncertainty aside, let me turn to my view of the economic data. As I noted, real GDP continued to grow solidly in the fourth quarter, at a pace of 2.3 percent, and would have been nearly 1 percentage point stronger without a reduction in inventories, which tend to be volatile. Personal consumption expenditures (PCE), which are typically two-thirds of GDP, grew a robust 4.2 percent in the fourth quarter. As was noted in the Fed’s latest Monetary Policy Report to Congress, households have a solid level of liquid assets to sustain their spending. Based on the limited data we have for the first quarter of 2025 this solid growth seems to be continuing. The employment report for January, which I will focus on in a moment, indicated a continued strong labor market, which should support consumption. Retail sales are reported to have fallen back in January after a strong rise in December, but given how volatile these data can be, and given that the cold weather in January probably held down sales, I’m not putting much weight on that reading for the time being. Business sentiment, as reflected in surveys of purchasing managers in both manufacturing and non-manufacturing, was among the most consistently positive in a while. The index for manufacturing businesses was 50.9, the first time since October 2022 that these results topped 50, as sentiment indicators about orders, production, and employment were all expanding. The corresponding index for the large majority of businesses outside manufacturing also indicated expansion, as it has for some time. The Blue Chip consensus of private forecasters and the Atlanta Fed’s GDP Now forecast based on the data in hand predict growth this quarter similar to that of the end of last year. To circle back to my message earlier, many people predicted that tariffs proposed by the Administration on February 1 would have a significant effect on trade and consumption in the first quarter, not to mention prices, but after the postponement of some of those tariffs, it is unclear to me if and when that might show up in the data. I will, of course, be watching closely, but I haven’t altered my outlook based on what has been implemented to date.

    As I noted earlier, data on the labor market indicate that it is in a good spot, with employers having an easier time filling jobs than earlier in the expansion but with still ample demand for new workers and new jobs being created. The unemployment rate ticked down to 4 percent, which is just about where it has been for the past year. Employers added a net 143,000 jobs in January, down some from a 204,000 average for the final three months of 2024 but right around the 133,000 average for the quarter before that. Two factors that may have held down this number a bit were cold weather and the fires in Los Angeles, which prevented thousands of people from getting to or performing their jobs. Beyond payrolls, the ratio of job vacancies to the number of unemployed people stands at 1.1, close to the level before the pandemic.

    Wage growth continues to be strong, and it has considerably outpaced price increases, but is down from two years ago, and for a few reasons, I don’t judge recent data as indicating that wages are a factor preventing inflation from making continued progress toward 2 percent. Though the January reading of average hourly earnings was a bit elevated, this series is pretty volatile and the reading may have been held up by weather-related issues. Smoothing through the monthly fluctuations, we see wage growth fairly steady at 4 percent a month over the past year. Broader measures of worker compensation show a more distinct moderation in growth. The Labor Department’s employment cost index has fallen gradually but consistently from 4.2 percent at the end of 2023 to 3.8 percent at its last reading.

    As for whether 4 percent wage growth is consistent with 2 percent inflation, I will note, as I have before, that productivity has grown at roughly a 2 percent annual rate since the advent of the pandemic-and slightly faster than that in 2023 and 2024. Unless that productivity trend changes a lot, wage growth is consistent with bringing inflation down to 2 percent.

    Turning to inflation, last week’s data taken as a whole were mildly disappointing but not nearly so disappointing as a focus on the consumer price index (CPI) alone would have indicated. Total CPI inflation for January came in hot at 0.5 percent, and core was 0.4 percent, which brings the 12-month changes to 3.0 percent and 3.3 percent, respectively. These 12-month readings are lower than we had in January 2024, so we have made some progress over the past year, but they are still too high.

    However, we also received producer price data last week, and, combining that information with the CPI data, forecasts for January PCE inflation aren’t as alarming as the CPI inflation data. Estimates for total PCE inflation, the FOMC’s preferred measure, are about 0.3 percent and that for core PCE inflation was around 0.25 percent. These numbers will mean a bump-up in the monthly pace of core inflation of about one-tenth of 1 percentage point from readings of under 0.2 percent in November and December. And this would leave the 12-month and 6-month average core PCE inflation around 2.6 percent and 2.4 percent, respectively. These rates are lower than where they stood in January 2024, which is good, but progress has been slower than I expected on reducing inflation to our 2 percent target.

    As a policymaker, I rely on these data to help me judge how close we are to meeting our inflation target. And I’m thinking hard about how to interpret these recent numbers because there seems to be some pattern over the past few years of higher inflation readings at the start of the year. This pattern brings into question whether the inflation data have “residual seasonality,” which means that statisticians have not fully corrected for some apparent seasonal fluctuations in some prices. Many firms reset their prices at the beginning of each year, and the Commerce Department tries to factor this in, but even after this adjustment, there is a consensus among economists that some seasonality remains. Incidentally, this probably isn’t just a problem in January. Some recently updated research by the Fed staff shows that inflation in the first months of the year has been higher than in the second half for 16 of the last 22 years.3 I’m alert to this issue and will watch the data over the next few months to evaluate if we are having what looks like a repeat of high first quarter inflation data that could be followed by lower readings later in the year.

    Before I get to my outlook for monetary policy, I want to address a topic of some debate recently, which is the divergence between long-term interest rates and the FOMC’s policy rate since we started cutting rates in September. While the FOMC has reduced the policy rate 100 basis points since then, yields on the benchmark 10-year Treasury security have increased by a noticeable amount. In theory, longer-term rates should follow the expected path of the overnight policy rate set by the FOMC. But this relationship is based on the classic economic assumption of ceteris paribus, or “all other factors remaining constant.” The 10-year Treasury security trades in a deep, liquid global market, and its yield is affected by a variety of factors other than the path of the policy rate. This means that all other factors are not constant and that the 10-year Treasury yield may not follow the federal funds rate.

    Perhaps the most famous example of the divergence of market interest rates and policy rates began in the mid 2000’s. The FOMC was tightening monetary policy from 2004 to 2006 and raised the policy rate 425 basis points. Over that time, Treasury yields barely moved. This was so surprising that Fed Chairman Alan Greenspan referred to it as a “conundrum.” At about the same time, future Chair Ben Bernanke identified what he called a “global savings glut” that was pushing up foreign demand for Treasury securities and putting downward pressure on yields. Over time, this has come to be seen as a significant factor for the conundrum then and as a factor for low Treasury yields subsequently. This example is just to illustrate that the 10-year Treasury yield may not respond to the policy rate as expected because of a variety of factors that are beyond the control of the FOMC.

    So, what does my economic outlook mean for monetary policy? The labor market is balanced and remarkably resilient. If you want an example of a stable labor market with employment at its maximum level, it looks a lot like where we are right now. On the other side of the FOMC’s mandate, inflation is still meaningfully above our target, and progress has been excruciatingly slow over the last year. This tells me that we should currently have a restrictive setting of policy, as we do-to continue to move inflation down to our goal-but that setting should be getting closer to neutral as inflation moves closer to 2 percent and should allow the labor market to remain in a good place.

    So for now, I believe a pause in rate cuts is appropriate. Assuming the labor market continues to be in rough balance, I can wait and see if the higher inflation readings in January moderate, as they have in the past couple of years. If so, I’ll have to decide if this reflects residual seasonality that will go away later in the year and if the underlying trend in inflation is toward 2 percent, or if there is a different issue holding up inflation and how that may play out. Whichever case it may be, the data are not supporting a reduction in the policy rate at this time. But if 2025 plays out like 2024, rate cuts would be appropriate at some point this year.

    And while we are waiting on data to understand how the economy is moving relative to our objectives, we will learn more about Administration policies. My baseline view is that any imposition of tariffs will only modestly increase prices and in a non-persistent manner. So I favor looking through these effects when setting monetary policy to the best of our ability. Of course, I concede that the effects of tariffs could be larger than I anticipate, depending on how large they are and how they are implemented. But we also need to remember that it is possible that other policies under discussion could have positive supply effects and put downward pressure on inflation. At the end of the day, the data should be guiding our policy action-not speculation about what could happen. And if the incoming data supports further rate cuts or staying on pause, then we should do so regardless of how much clarity we have on what policies the Administration adopts. Waiting for economic uncertainty to dissipate is a recipe for policy paralysis.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Major £3 million refurbishment to Porchester Centre, housing London’s oldest spa | Westminster City Council

    Source: City of Westminster

    Porchester Centre, built in the 1920s and housing London’s oldest spa has undergone a major £3 million refurbishment to greatly improve its facilities and to allow more residents and visitors to enjoy the centre.

    An iconic Grade 2* listed building which is operated by the council’s leisure partner Everyone Active, Porchester Centre houses a 30m swimming pool, two workout studios hosting a number of classes, a main gym across three levels, and now a new women-only gym. Plus, all the spa facilities which include two steam rooms, a sauna, cold showers and three different Turkish baths.

    One of the areas of major refurbishment has been within the gym, where seven new pieces of equipment have been added following customer feedback, with more strength equipment added such as leg curl and hip extension machines. A new gym has also been added to the centre – a women-only space where females can exercise in a space where they may feel more comfortable.

    In the main swimming pool, a new heat retaining pool cover has been installed to improve the building’s energy efficiency, the ceiling has been strengthened to future proof it for years to come, and the walls and ceilings as part of the balcony area have been repainted – still in keeping with the style of the 1920s built pool. The significant energy conservation measures including installing an air source heat pump will result in 60% carbon dioxide savings each year.

    The main workout studio has also seen new flooring, walls, and mirrors installed – completely transforming its aesthetic, plus all the equipment in the room has been upgraded and added to.

    These studio improvements have meant an increase in studio capacity from 14 to 30 spaces, and classes going from 49 to 54 classes per week due to the increase in variety of classes that can now be offered. These include new women-only classes for those who suffer from depression and other mental health issues, and new boxing classes utilising the new equipment.

    Cabinet Member for Communities, Councillor Cara Sanquest, said:

    Porchester Centre is an iconic piece of Westminster, and this major refurbishment will provide more facilities and opportunities for residents from all our communities to become and stay active.

    I’m especially proud of the new women-only gym and classes that we’ve been able to add, to encourage more women and girls to use our leisure facilities in spaces they feel comfortable in.

    I also want to highlight a range of opportunities available for our older residents including: “Begin to Gym” in association with Open Age, getting over 55s back into the gym or the first time after a break; senior swim sessions three times a week; a range of classes from Qi-Jong to Zumba specifically for this cohort; and much more.

    We are also providing 150 hours of free or low-cost classes for our residents every week as part of the Neighbourhood Sports Programme.

    The ActiveWestminster Discount Card – ActiveWestminster is free for all residents, providing fantastic discounts and benefits available for all our residents and children and young people who live or study in Westminster.

    You can find more information about Porchester Centre at Porchester Leisure Centre | Gym, Swim, Fitness Classes | Everyone Active. You can also contact the centre directly on 02073133858 or  Porchesterspainfo@everyoneactive.com.

    You can find out more about the Neighbourhood Sports Club Programme which provides up to 150 hours of free or low-cost activities for people who live, work or study in Westminster each week at Neighbourhood Sports Club Programme – ActiveWestminster

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Greater support for foster carers to help children out of residential care

    Source: City of Plymouth

    A new package of support has been developed to help children and young people with higher levels of need to live in a family home in or near to Plymouth, rather than in residential care.

    The new ‘Step Forward Scheme’ for foster carers has been developed by Foster for Plymouth, Plymouth City Council’s own fostering agency, to address the challenge of a growing number of children and young people in residential care.

    The aim is for all children and young people in care in Plymouth to be cared for in a loving and supportive local family home, however due to a shortage of foster carers this is not always possible.

    Living in residential care often means that children have to live away from the city and is often not the best environment to support their wellbeing. It also places a huge financial burden on the Council.

    The Step Forward Scheme is designed to give greater support to foster carers who are willing and able to support children with greater needs, such as behavioural challenges.

    In recognition of this, the scheme offers a comprehensive package in return, including a minimum financial allowance of £800 per week (£41,600 per year).

    Step Forward foster carers and children will also receive wraparound support from a dedicated team of professionals including specialist mental health practitioners and dedicated supervising social workers. There will also be peer support from other foster carers, with a buddy system and a monthly group meeting.

    Councillor Jemima Laing, Cabinet Member for Children’s Social Care, said: “We recognise that in some very exceptional cases, residential care can be an appropriate move for young people. But for the vast majority of the children and young people we support, it would be much better for them to live in a loving family home within Plymouth so that they continue to maintain positive relationships with family and friends and can access health and social care support.

    “The new Step Forward foster care scheme recognises that some children who may otherwise have to live in residential care have much higher emotional and support needs, which has led to us developing this new package of support to encourage more foster carers to take on this role.

    “This offer is open to our existing carers, but we would welcome applications from new foster carers who have other experience of working with children and young people with complex needs, and who may be looking for a new challenge that would give them the opportunity to make a huge difference to a child’s life.”

    To be a Step Forward foster carer, applicants will need to demonstrate key qualities such as resilience and determination, and high levels of empathy and compassion so that they can help children recover from the trauma they have experienced by parenting them in a therapeutic way.

    Foster carers would need to have experience of working alongside children with complex needs, either as a foster carer or in social care, health, education, in a residential setting or in youth justice.

    The Step Forward scheme is open to current Foster for Plymouth carers and to other foster carers who may be interested in transferring to Foster for Plymouth, as well as people who have not fostered before but who have the relevant experience.

    For more information, contact the Foster for Plymouth team on [email protected] or 01752 308762.

    Find out more about fostering in Plymouth at fosterforplymouth.co.uk.

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: TRIFED and Tea Trunk sign MoU to bolster Tribal economy

    Source: Government of India (2)

    Posted On: 18 FEB 2025 4:19PM by PIB Delhi

    In a significant move to expand the market outreach of tribal products, Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED), under the Ministry of Tribal Affairs, has entered into a strategic partnership with Tea Trunk, a house of finest Indian tea leaves and unique blends. A Memorandum of Understanding (MoU) was signed here on February 17, marking a pivotal step in ensuring the availability of tribal products in the mainstream retail market, catering to a much bigger customer base.

    The MoU was signed in the presence of Union Minister of State for Tribal Affairs Shri Durgadas Uikey and Managing Director of TRIFED Shri Ashish Chatterjee during the ongoing flagship event ‘Aadi Mahotsav’, being held at Major Dhyan Chand National Stadium in the National Capital from 16 to 24 February 2025. The MoU was exchanged between TRIFED General Manager Shri Sandeep Pahalwan and Ms Snigdha Manchanda, Founder & CEO, Tea Trunk.

    The primary objective of this collaboration is to boost the tribal economy by leveraging Tea Trunk’s market presence and providing a wider choice of products to its existing customer base. This collaboration will ensure sustainable economic development for tribal producers and provide them with skill development and capacity-building opportunities.

    The TRIFED has been organsing “Aadi Mahotsav – National Tribal Festival” to provide direct market access to the tribal master-craftsmen and women in large metros and State capitals. The theme of the festival is “A Celebration of the Spirit of Entrepreneurship, Tribal Craft, Culture, Cuisine and Commerce”, which represents the basic ethos of tribal life.

    President of India Smt Droupadi Murmu had inaugurated the festival on February 16, 2025 in the august presence of Shri Jual Oram, Union Minister for Tribal Affairs; Shri Durga Das Uikey, MoS Tribal Affairs; Ms. Bansuri Swaraj, Member of Parliament, New Delhi.

    About TRIFED:

    * TRIFED is an organization under the Ministry of Tribal Affairs, Government of India, dedicated to the socio-economic development of tribal communities through the marketing development of tribal products.

    About Tea Trunk:

    * Tea Trunk is a premium tea brand based in Goa that sells unique blends of Indian tea leaves, spices, handicrafts, etc. It offers a myriad of teas such as detox and digestion, immunity boosting, calm and de-stressing, anti-ageing, weight loss, etc.

     

    PSF/DK

    (Release ID: 2104365) Visitor Counter : 13

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Periodic Labour Force Survey (PLFS) – Quarterly Bulletin [October – December 2024]

    Source: Government of India (2)

    Posted On: 18 FEB 2025 4:00PM by PIB Delhi

    Key findings

    • Labour Force Participation Rate (LFPR) in urban areas among persons of age 15 years and above has increased from 49.9% during October – December, 2023 to 50.4% in quarter October – December, 2024.
    • LFPR for male of age 15 years and above in urban areas increased from 74.1% during October – December, 2023 to 75.4% during October – December, 2024 reflecting overall increasing trend in male LFPR.
    • LFPR among female of age 15 years and above for urban areas increased from 25.0% during October – December, 2023 to 25.2% during October – December, 2024.
    • Worker Population Ratio (WPR) in urban areas among persons of age 15 years and above has increased from 46.6% during October – December, 2023 to 47.2% in October – December, 2024.
    • WPR for male of age 15 years and above for urban areas increased from 69.8% in October – December, 2023 to 70.9% during October – December, 2024 reflecting overall increasing trend in male WPR.
    • Unemployment Rate (UR) in urban areas among persons of age 15 years and above decreased from 6.5% during October – December, 2023 to 6.4% during October – December, 2024.
    • UR among males of age 15 years and above remained same as 5.8% during October – December, 2023 and October – December, 2024. UR among female of age 15 years and above decreased from 8.6 % in October – December, 2023 to 8.1% in October – December, 2024.

    Considering the importance of availability of labour force data at more frequent time intervals, National Statistics Office (NSO) launched Periodic Labour Force Survey (PLFS) in April 2017.

    The objective of PLFS is primarily twofold:

    • to estimate the key employment and unemployment indicators (viz. Worker Population Ratio, Labour Force Participation Rate, Unemployment Rate) in the short time interval of three months for the urban areas only in the ‘Current Weekly Status’ (CWS).
    • to estimate employment and unemployment indicators in both ‘Usual Status’ (ps+ss) and CWS in both rural and urban areas annually.

    Twenty-four Quarterly Bulletins of PLFS corresponding to the quarter ending December 2018 to quarter ending September 2024 have already been released. In these quarterly bulletins estimates of labour force indicators, viz., Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), Unemployment Rate (UR), distribution of workers by broad status in employment and industry of work in the Current Weekly Status (CWS) for urban areas have been presented.

    The present Quarterly Bulletin is the twenty-fifth in the series for the quarter October – December, 2024.

    PLFS fieldwork during the quarter October – December 2024

    The fieldwork for collection of information in respect of all the samples allotted for the period October-December 2024, were completed timely for the first visit as well as revisit samples, except for twelve first visit first stage units (FSU[1]s); three in the state of Manipur, two in the state of Maharashtra, Odisha, Assam and one each from Gujarat, Kerala and Andaman & Nicobar Islands and eight revisit FSUs (four from State of Maharashtra, two from state of Karnataka  and one each from Madhya Pradesh and Andaman & Nicobar Islands), which were treated as casualty.

    These aspects may be kept in mind while using the estimates of PLFS for the concerned quarter.

    A rotational panel sampling design has been used in urban areas. In this rotational panel scheme, each selected household in urban areas is visited four times, in the beginning with ‘First Visit Schedule’ and thrice periodically later with a ‘Revisit Schedule’. The scheme of rotation ensures that 75% of the first-stage sampling units (FSUs) are matched between two consecutive visits.

    At the all-India level, in the urban areas, a total number of 5,742 FSUs (urban sampling unit curved out from Urban Frame Survey) have been surveyed during the quarter October – December 2024. The number of urban households surveyed was 45,074 and number of persons surveyed was 1,70,487 in urban areas.

    1. Conceptual Framework of Key Employment and Unemployment Indicators for the Quarterly Bulletin: The Periodic Labour Force Survey (PLFS) gives estimates of key employment and unemployment Indicators like the Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), Unemployment Rate (UR), etc. These indicators, and ‘Current Weekly Status’ are defined as follows:
    1. Labour Force Participation Rate (LFPR): LFPR is defined as the percentage of persons in labour force (i.e. working or seeking or available for work) in the population.
    1. Worker Population Ratio (WPR): WPR is defined as the percentage of employed persons in the population.
    1. Unemployment Rate (UR): UR is defined as the percentage of persons unemployed among the persons in the labour force.
    1. Current Weekly Status (CWS): The activity status determined on the basis of a reference period of last 7 days preceding the date of survey is known as the current weekly status (CWS) of the person.
    1. The Quarterly Bulletin for the quarter October – December 2024 is available at the website of the Ministry (https://mospi.gov.in). The key results are given in the statements annexed.

     

    Annexure

    1. Labour Force Participation Rate (LFPR) for persons of age 15 years and above

    LFPR in urban areas was 50.4% in October – December 2024 for persons of age 15 years in above. While for male LFPR was 75.4% in October – December 2024, for female, LFPR was 25.2% during this period.

     

    Statement 1:  LFPR (in per cent) in CWS in urban areas for persons of age 15 years and above

    all‑India

    survey period

    Male

    Female

    Person

    (1)

    (2)

    (3)

    (4)

    October – December 2023

    74.1

    25.0

    49.9

    January – March 2024

    74.4

    25.6

    50.2

    April – June 2024

    74.7

    25.2

    50.1

    July – September 2024

    75.0

    25.5

    50.4

    October – December 2024

    75.4

    25.2

    50.4

     

    1. Worker Population Ratio (WPR) for persons of age 15 years and above

     

    WPR in urban areas was 47.2% in October – December 2024 for persons of age 15 years in above. For male, it was 70.9% in October – December 2024, for female, it was 23.2% during this period.

     

    Statement 2:  WPR (in per cent) in CWS in urban areas for persons of age 15 years and above

    all‑India

    survey period

    Male

    Female

    Person

    (1)

    (2)

    (3)

    (4)

    October – December 2023

    69.8

    22.9

    46.6

    January – March 2024

    69.8

    23.4

    46.9

    April – June 2024

    70.4

    23.0

    46.8

    July – September 2024

    70.7

    23.4

    47.2

    October – December 2024

    70.9

    23.2

    47.2

     

    1. Unemployment Rate (UR) for persons of age 15 years and above

     

    Unemployment Rate in urban areas was 6.4% in October – December 2024 for persons of age 15 years in above. For male, Unemployment Rate was 5.8% in October – December 2024 and for female, UR was 8.1% during the same period.

     

    Statement 3:  UR (in per cent) in CWS in urban areas for persons of age 15 years and above

    all‑India

    survey period

    Male

    Female

    Person

    (1)

    (2)

    (3)

    (4)

    October – December 2023

    5.8

    8.6

    6.5

    January – March 2024

    6.1

    8.5

    6.7

    April – June 2024

    5.8

    9.0

    6.6

    July – September 2024

    5.7

    8.4

    6.4

    October – December 2024

    5.8

    8.1

    6.4

     

    E. Highlights of the Quarterly estimates of key Labour Market indicators

     

    1. Trend in Labour Force Participation Rate (LFPR) for persons of age 15 years and above since 2022

     

    The trend in LFPR in urban areas since the quarter January – March, 2022 for male and female are presented in figure 1 and 2.

     

     

    1. Trend in Worker Population Ratio (WPR) for persons of age 15 years and above since 2022

    The trend in WPR in urban areas since the quarter January – March, 2022 for male and female are presented in figure 3 and 4.

     

     

     

    1. Trend in Unemployment Rate (UR) for persons of age 15 years and above since 2022

    The trend in UR in urban areas since the quarter January – March, 2022 for male and female are presented in figure 5 and 6.

     

     

     

     

    *****

    Samrat

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