Category: housing

  • MIL-OSI Translation: The government of New Caledonia launches a geographic information portal dedicated to natural hazards

    MIL OSI Translation. French Polynesian to English –

    Source: Government of New Caledonia

    In order to better inform the population about the natural risks to which New Caledonia is exposed, the government of New Caledonia is providing a new geographic information portal. In collaboration with the Digital and Modernization Department (DINUM), the Department of Industry, Mines and Energy of New Caledonia (DIMENC) has developed and put online the “Géorisque” portal: https://georisque.georep.nc/

    This portal provides simplified access to geographic data relating to natural hazards in the territory. To date, the information available concerns land movements, marine submersion, coastal erosion, and the presence of environmental asbestos. This data is regularly updated and enriched by the relevant services.

    As an extension of the Coastal Observatory (OBLIC), the Géorisque portal offers explanatory notices to facilitate the understanding and use of data. Users can explore interactive mapping, consult summary dashboards by municipality, and download or print maps according to their specific needs. Direct access to data layers is also available via the Géorep portal: https://dimenc.georep.nc.

    In a participatory approach, Géorisque also allows the population to contribute to enriching information by reporting new observations or events linked to natural risks.

    This project is part of the New Caledonian government’s desire to improve public awareness of environmental risks. In particular, it responds to a recommendation made in March 2024 by the Territorial Chamber of Auditors in its report on civil security policy in the area of major climate risks in New Caledonia.

    The data collected and disseminated on this portal aims to support local public policies, whether in the areas of housing, transport or risk prevention, and thus to strengthen coordination between the competent authorities.

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

    MIL Translation OSI

  • MIL-OSI Asia-Pac: “The Chief Executive’s 2024 Policy Address” available to public on Wednesday

    Source: Hong Kong Government special administrative region

         The Chief Executive, Mr John Lee, will release “The Chief Executive’s 2024 Policy Address” on Wednesday (October 16).
     
         The full text of the Policy Address will be released at http://www.policyaddress.gov.hk after the Chief Executive has completed his speech.
     
         Copies of the Policy Address and other related publications will be available for public collection from the time the Chief Executive has completed his speech at the 20 Home Affairs Enquiry Centres (HAECs) of the Home Affairs Department (HAD). Please browse the HAD website (www.had.gov.hk/en/public_services/public_enquiry_services/ctec.htm) for the opening hours of the HAECs.
     
         Leaflets containing the highlights of the Policy Address will also be available at the following places:
     
    * 16 government office buildings:
     
    Queensway Government Offices, Admiralty
    Immigration Tower, Wan Chai
    Revenue Tower, Wan Chai
    Wanchai Tower, Wan Chai
    North Point Government Offices
    Cheung Sha Wan Government Offices
    Ho Man Tin Government Offices
    Lai Chi Kok Government Offices
    Mongkok Government Offices
    Trade and Industry Tower, Kowloon City
    To Kwa Wan Government Offices
    West Kowloon Government Offices, Yau Ma Tei
    Sha Tin Government Offices
    Tai Hing Government Offices, Tuen Mun
    Tai Po Government Offices
    Tsuen Wan Government Offices
     
    * Seven public libraries:
     
    Hong Kong Central Library, Causeway Bay
    City Hall Public Library, Central
    Kowloon Public Library, Kowloon City
    Ping Shan Tin Shui Wai Public Library, Yuen Long
    Sha Tin Public Library
    Tsuen Wan Public Library
    Tuen Mun Public Library
     
    *Five museums:

    Hong Kong Museum of Art
    Hong Kong Heritage Museum
    Hong Kong Museum of History
    Hong Kong Science Museum
    Hong Kong Space Museum

    * 61 shopping centres in public housing estates:
     
    Hong Kong
    ———–
    Siu Sai Wan Plaza, Chai Wan
    Wan Tsui Shopping Centre, Chai Wan
    Oi Tung Shopping Centre, Shau Kei Wan
    Hing Tung Shopping Centre, Shau Kei Wan
    Stanley Plaza, Stanley
    Wah Fu (II) Commercial Complex, Aberdeen
    Shek Pai Wan Shopping Centre, Aberdeen
     
    Kowloon
    ———
    Lei Yue Mun Plaza, Yau Tong
    Yau Lai Shopping Centre, Yau Tong
    Kai Tin Shopping Centre, Lam Tin
    Tsui Ping North Shopping Circuit, Kwun Tong
    Shun Lee Commercial Centre, Kwun Tong
    On Kay Commercial Centre, Ngau Tau Kok
    Lok Wah Commercial Centre, Ngau Tau Kok
    Sau Mau Ping Shopping Centre, Sau Mau Ping
    Tsz Wan Shan Shopping Centre, Tsz Wan Shan
    Choi Wan Commercial Complex, Ngau Chi Wan
    Chuk Yuen Plaza, Wong Tai Sin
    Temple Mall South, Wong Tai Sin
    Fung Tak Shopping Centre, Diamond Hill
    Lok Fu Place, Wang Tau Hom
    Shek Kip Mei Shopping Centre, Sham Shui Po
    Hoi Fu Shopping Centre, Mong Kok
    Oi Man Plaza, Ho Man Tin
    Homantin Plaza, Ho Man Tin
     
    New Territories East
    ———————
    Choi Yuen Plaza, Sheung Shui
    Ching Ho Shopping Centre, Sheung Shui
    Fu Shin Shopping Centre, Tai Po
    Tai Wo Plaza, Tai Po
    Heng On Commercial Centre, Ma On Shan
    Yan On Shopping Centre, Ma On Shan
    Mei Tin Shopping Centre, Sha Tin
    Hin Keng Shopping Centre, Sha Tin
    Kwong Yuen Shopping Centre, Sha Tin
    Sha Kok Commercial Centre, Sha Tin
    Mei Lam Commercial Centre, Sha Tin
    Wo Che Plaza, Sha Tin
    Pok Hong Shopping Centre, Sha Tin
    Yue Tin Court Commercial Centre, Sha Tin
    Shui Chuen O Plaza, Sha Tin
    Shek Mun Shopping Centre, Sha Tin
    Queens Hill Shopping Centre, Fanling
    TKO Gateway, Tseung Kwan O
    Po Lam Shopping Centre, Tseung Kwan O
    TKO Spot, Tseung Kwan O
     
    New Territories West and Islands
    ———————————-
    T Town, Tin Shui Wai
    Tin Shui Shopping Centre, Tin Shui Wai
    Tin Yan Shopping Centre, Tin Shui Wai
    Tin Ching Shopping Centre, Tin Shui Wai
    Long Ping Commercial Centre, Yuen Long
    Long Shin Shopping Centre, Yuen Long
    Butterfly Plaza, Tuen Mun
    Leung King Plaza, Tuen Mun
    Tai Hing Commercial Centre, Tuen Mun
    Siu Hong Commercial Centre, Tuen Mun
    Yan Tin Shopping Centre, Tuen Mun
    Hung Fuk Shopping Centre, Hung Shui Kiu
    Cheung Fat Plaza, Tsing Yi
    Lei Muk Shue Shopping Centre, Tsuen Wan
    Kwai Chung Shopping Centre, Kwai Chung
    Fu Tung Plaza, Tung Chung
     
         The public can watch the live broadcast of the delivery of the speech by the Chief Executive in the Legislative Council and the press conference with a simple click into the Policy Address webpage (www.policyaddress.gov.hk).
     
         They can also access “The Chief Executive’s 2024 Policy Address” webpage through the e-Stations located at the 20 HAECs in the 18 Districts.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Scientific Symposium at the Polytechnic: New Technologies in Medicine and Physiology

    MILES AXLE Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    On October 10 and 11, the Polytechnic University hosted a scientific symposium entitled “New Technologies in Preventive Medicine and Physiology”. The event was organized by Peter the Great St. Petersburg Polytechnic University, the St. Petersburg Branch of the Russian Academy of Sciences with the participation of the Preventive Medicine Section of the Medical Sciences Department of the Russian Academy of Sciences and the Physiological Sciences Department of the Russian Academy of Sciences.

    The symposium, dedicated to new technologies in preventive medicine and physiology, was held as part of the events for the 125th anniversary of the founding of SPbPU. The participants were members of the Russian Academy of Sciences, leading experts in the field of immunology, virology, physiology, brain sciences, as well as young scientists, postgraduates and senior students of SPbPU.

    It is a great honor for us that such an event is held at the Polytechnic University. This means that our university is a significant part of the process of forming advanced scientific thought in the field of life sciences in the Russian Federation. Any high-quality research requires a serious material and technical base, constant continuity, and development of educational programs. To achieve maximum efficiency, we must concentrate our knowledge, transmit it, and combine efforts at events like our symposium, – the first vice-rector of SPbPU Vitaly Sergeev opened the event.

    After this, the event participants were greeted by the guests of honor.

    We are facing extremely serious tasks that can only be solved by consolidating all our efforts. The areas that we are discussing at the symposium are priorities. This is the development of mRNA drugs, the creation of vaccines, genetically engineered biological drugs, medicines, and many others. I am confident that today’s event will be another contribution to the development of science not only in St. Petersburg, but also in our country, – emphasized the head of the Rheumatology Research Laboratory, Academician of the Russian Academy of Sciences, Honored Scientist of the Russian Federation, Chief Scientific Secretary of the Presidium of the North-West Branch of the Russian Academy of Medical Sciences Vadim Mazurov.

    Polytechnic University has already become a bit like home for me. For many years, we have been cooperating with the university in two areas. Firstly, this is the educational level: we give online lectures to students. Secondly, we have close scientific cooperation in the field of microRNA, as well as in the creation of vaccines, primarily subunit, recombinant ones. The symposium presents reports on various topics, but all of them are related to the most pressing medical and biological problems, – noted the scientific director of the I. I. Mechnikov Research Institute of Vaccines and Serums, academician of the Russian Academy of Sciences, head of the preventive medicine section of the Department of Medical Sciences of the Russian Academy of Sciences Vitaly Zverev.

    Words of gratitude to the Polytechnic University for holding the symposium were expressed by Academician of the Russian Academy of Sciences, Advisor to the Russian Academy of Sciences Yuri Natochin.

    The first report was given by the Director of the Institute of Biomedical Systems and Biotechnology, Professor of the Russian Academy of Sciences Andrey Vasin. He spoke about the development of “life sciences” at the Polytechnic and the contribution of Polytechnic scientists to the development of these sciences.

    Andrey Vasin presented the main areas of scientific activity of the Institute of Biomedical Systems and Biotechnology and its structural divisions, in particular the Laboratory of Molecular Neurodegeneration under the direction of Ilya Bezprozvanny, the Research Complex “Nanobiotechnology”, the Research Laboratory “Polymer Materials for Tissue Engineering and Transplantology”, the Laboratory of Nano- and Microencapsulation of Biologically Active Substances.

    Yuri Natochin spoke about the problems of stabilizing the physicochemical parameters of blood, Vitaly Zverev spoke about vaccination. Academician of the Russian Academy of Sciences Sergei Seredenin spoke about the report “Pharmacological regulation of Sigma1R chaperone”. Director of the Pasteur Research Institute of Epidemiology and Microbiology of Rospotrebnadzor, Academician of the Russian Academy of Sciences Areg Totolyan spoke about COVID-19 and the development of infectious immunology.

    A joint work dedicated to new technologies for the prevention of infections associated with the provision of medical care was presented by the head of the Department of Epidemiology and Evidence-Based Medicine of the First Moscow State Medical University named after I. M. Sechenov, Academician of the Russian Academy of Sciences Nikolay Briko, an employee of the Kemerovo State Medical University of the Ministry of Health of Russia Elena Brusnina and the director of the Central Research Institute of Epidemiology of Rospotrebnadzor, Academician of the Russian Academy of Sciences Vasily Akimkin.

    The report “Natural technologies for controlling the activity of neural networks in the long-term range” was presented by the Director of the Institute of Higher Nervous Activity and Neurophysiology of the Russian Academy of Sciences, Academician of the Russian Academy of Sciences Pavel Balaban.

    Director of the Federal Center for Brain and Neurotechnology of the Federal Medical and Biological Agency of Russia Vsevolod Belousov spoke about oxidative stress in neurodegenerative diseases.

    On the second day of the symposium, visiting sessions of the Bureau of the Section of Preventive Medicine of the Department of Medical Sciences of the Russian Academy of Sciences and the Bureau of the Department of Physiological Sciences of the Russian Academy of Sciences were held.

    Research in the field of life sciences began at the Polytechnic University back in the 1960s, when the Physics and Mechanics Department began training personnel in the field of “Biophysics”. Our university has become a real forge of personnel for domestic molecular biology, physiology, biophysics, virology and even medicine. Many Polytechnic graduates have been successfully working in the leading scientific institutes of our country for half a century and head some of them. A number of graduates are members of the departments of medical, physiological and medical sciences of the Russian Academy of Sciences. As part of the research conducted at the Polytechnic University, we collaborate with leading Russian and foreign research teams. I am very glad that we were able to gather such a large number of leading scientists of our country in the field of physiology and preventive medicine at the university. I would also like to note that we held two visiting Bureaus – the Department of Physiology of the Russian Academy of Sciences and the section of preventive medicine of the Department of Medical Sciences of the Russian Academy of Sciences, – Andrey Vasin summed up.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://www.spbstu.ru/media/nevs/science_and_innovations/scientific-symposium-at-polytechnic-new-technologies-in-medicine-and-physiology/

    MIL OSI Russia News

  • MIL-Evening Report: This beautiful peacock spider was only found two years ago. Now it could be dancing its last dance

    Source: The Conversation (Au and NZ) – By Lizzy Lowe, Vice Chancellor’s Research Fellow in Ecology and Entomology, Edith Cowan University

    If you notice a tiny, strikingly coloured spider performing an elaborate courtship dance, you may have seen your first peacock spider.

    New species of peacock spider are discovered every year; the tally is now 113. One newly discovered species, Maratus yanchep, is only known to exist in a small area of coastal dunes near Yanchep, north of Perth.

    As Perth’s suburbs sprawl ever further north and south, it means one problem – the housing crisis – is worsening another, the extinction crisis.

    The dunes which are home to Maratus yanchep are just 20 metres from land being cleared for large new estates.

    If the species was formally listed as threatened, it could be protected. But the spider was only described in 2022 and has not been listed on state or federal threatened species lists. That means Maratus yanchep has no protection, according to the state government.

    What’s so special about a spider?

    Peacock spiders are tiny. Many have bodies just 4–5 mm across. The males only put on their mating displays during short periods of the year, typically August to September. Their size and habits also make it hard to learn about their populations and preferred habitats. This is partly why we’re only now realising how many peacock spider species there are.

    Concerted effort by enthusiasts such as Jurgen Otto has greatly expanded our knowledge. Of the 113 described species, each has distinctive colouring and its own dances (males have the colour and the moves). But we know there are more species of peacock spider waiting to be recognised by western science.

    Many species of peacock spider are only known from within a very small area of suitable habitat.

    This puts the species at high risk of extinction because a single threat such as a large bushfire or a suburban development can destroy all their habitat at once.

    Peacock spiders such as this Maratus tasmanicus are tiny but pack a lot of personality.
    Kristian Bell/Shutterstock

    How can this be allowed?

    Before any native bushland is cleared in Australia, developers have to undertake an environmental impact survey to look for threatened species and assess what damage the development would do. If a threatened species is found, the development can be scaled back or denied.

    The problem is, these surveys only look for species known to be in danger. If a species isn’t listed on Australia’s growing list of threatened species, it won’t be looked for.

    But Maratus yanchep has not been assessed to see if it is threatened. This means it has no protection from development.

    This points to a wider problem. Large, well-known Australian vertebrates such as koalas and platypuses tend to get more attention – and conservation efforts – than humble invertebrates. We face an uphill battle to conserve our wealth of invertebrates.

    Worldwide, many invertebrates are in real danger of disappearing. Australia is home to at least 300,000 invertebrate species, dwarfing the 8,000-odd vertebrates – but only 101 are currently listed under the federal government’s laws protecting threatened species, the Environmental Protection and Biodiversity Act. The problem here is we don’t have enough data to assess most invertebrate species for formal conservation listing and protection.

    Data takes money

    Listing a species as threatened requires a large amount of data on where the species is and isn’t found. This takes time and specialist knowledge. But funding is scarce.

    As a result, our efforts to gather data on invertebrates often relies on passionate volunteers and enthusiasts, who may often pick one genus – say peacock spiders – and set out to expand our knowledge.

    When clear and immediate threats do appear – such as clearing coastal dunes in Yanchep – we are again reliant on the unpaid work of volunteers to gather information.

    The problem of sprawl

    Perth is one of the longest cities in the world. Its suburbs sprawl for 150 kilometres, running from Two Rocks in the north to Dawesville in the south.

    Many Perth residents want to live by the coast, driving demand for new housing on the city outskirts. This drives destruction of native bushland and pushes species towards extinction. Some species tolerate the change from bushland to suburbia, but these are a minority – less than 25%. Small, localised species are at highest risk of extinction.

    Perth’s sprawl shows no sign of slowing. Land clearing for housing has contributed to the worsening plight of the Carnaby’s cockatoo. Fifty years ago, the iconic cockatoo flew over the city in flocks as large as 7,000. There’s nothing like that now.

    Perth’s urban sprawl now stretches beyond Yanchep. Pictured: Yanchep’s beach. The bush area in the background is where maratus yanchep lives.
    Kok Kin Meng/Shutterstock

    What can we do?

    Efforts are underway to protect Maratus yanchep. The not-for-profit charity Invertebrates Australia is working to nominate it for the International Union for Conservation of Nature’s Red List of Threatened Species. Greens MP Brad Pettitt raised the issue in Parliament in August.

    The one thing peacock spiders have going for them is their looks. They are spectacularly beautiful. They’re also easily identified by the distinct patterns on the males – for most species you don’t need expert training to tell them apart, just decent eyesight.

    As a result, peacock spiders have drawn attention from dozens of amateur arachnologists and photographers who collect and share information on where they can be found. This citizen science data is often able to be used as evidence in listing a species as threatened – and unlocking vital protection.

    Images of these spiders also boosts their public profile and support for their protection.

    Despite the recent groundswell of interest in saving this tiny spider, it may be too late. To avoid the mass extinction of iconic Australian species, we must find better ways of building without large-scale habitat clearing.




    Read more:
    Photos from the field: zooming in on Australia’s hidden world of exquisite mites, snails and beetles


    Lizzy Lowe is affiliated with Invertebrates Australia

    Jess Marsh is affiliated with Invertebrates Australia.

    Dr Leanda Denise Mason is affiliated with Centre for People, Place, and Planet.

    ref. This beautiful peacock spider was only found two years ago. Now it could be dancing its last dance – https://theconversation.com/this-beautiful-peacock-spider-was-only-found-two-years-ago-now-it-could-be-dancing-its-last-dance-238437

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: Over £1 million extra support secured for York residents

    Source: City of York

    Financial support to help residents cope with the cost of living crisis is being extended until the end of end of March 2025.

    The council has been allocated £1,037,906 for the next 6 months and residents are urged to make sure they claim all benefits that they are eligible for.

    This Household Support Funding (HSF) from the government will be used in York to provide a variety of financial assistance to help residents meet essential expenses. These include:

    • £500,000 – a direct payment will be made before Christmas to working aged people who receive Council Tax Support
    • £180,000 – a discretionary application scheme will be available to support any other residents struggling to meet their bills, including pensioners
    • £70,000 – support for the council’s food and fuel voucher scheme
    • £80,000 – advice and support to maximise residents’ income and promote take-up of unclaimed benefits
    • £80,000 – community food and support to run Warm Places this winter
    • £60,000 – administration and delivery of 2 Talk Money information and support campaigns
    • £10,000 – York Energy Advice funding for offering advice and energy-saving measures for households
    • £30,000 – support to identify, contact and support financially-vulnerable residents to claim.

    Councillor Katie Lomas, joint Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion, said:

    Nearly half of the £1,037,906.47 we’ve been allocated through the Household Support Fund (HSF), will be issued as direct payments for working-age residents who are receiving Council Tax support. This translates to a cash payment of around £115 for every qualifying resident and we’re contacting those who are eligible, to make sure they receive this vital support.

    “Of the remaining funds, £180,000 will be allocated to a discretionary support scheme, which will be open to applications to anyone struggling with their finances. We’ll also be allocating money from the HSF to continue supporting Warm Places and energy advice services to support people with the effects of rising energy costs this winter, as well as community food support and support to take up unclaimed benefits.”

    Councillor Bob Webb, with joint responsibility for financial inclusion, said:

    We reckon as many as 1,600 people in York are missing out on Pension Credit. It’s really important that they know about it and claim the extra £100s as well as unlocking other benefits like the Winter Fuel Payment.

    “We know that between April and June 2024, an extra 31 residents claimed Pension Credit who are benefiting from a total extra £134,825 to help them through these uncertain financial times.

    “We’re writing to over 450 residents who we know are eligible for Pension Credit because they already claim Council Tax Support and Housing Benefit. Information on the 1,150 or so other eligible people is held by the Government’s Department for Work and Pensions (DWP) and can’t be shared for data protection reasons. So, we’ve been reaching out to them through other council services and voluntary sector organisations, to help people check their eligibility and to support them to apply.”

    Anyone who needs help to claim Pension Credit can click here, or contact these local support services:

    Anyone who needs help to claim Council Tax Support can call the City of York Council Benefits Advisors on telephone: 01904 552044 or contact these local support services:

    Find more information for residents on other benefits.

    The next Talk Money campaign to encourage residents to claim all they can, spend less and get good advice, will run from Monday 4 November to Friday 15 November 2024.

    MIL OSI United Kingdom

  • MIL-OSI China: Food, song and dance: Bouyei route to preserving cultural heritage

    Source: China State Council Information Office 3

    The Qianxinan Bouyei and Miao autonomous prefecture lies within the picturesque landscape of Southwest China’s Guizhou province. The population of the Bouyei ethnic group in the prefecture exceeds 790,000 and this region is renowned for its unique traditions, language, and customs that have withstood the test of time.

    Efforts are underway to safeguard this vibrant cultural heritage, from preserving traditional attire to the iconic slate house villages that dot the landscape. The region actively celebrates the essence of Bouyei identity through lively festivals, captivating performances, and educational programs, nurturing a deep sense of community pride and belonging.

    A China Storyteller Partnerships tour of Guizhou, organized by China Daily, offers guests a unique opportunity to immerse themselves in the cultural legacy of the Bouyei ethnic group. At the heart of these preservation endeavors lies the Fenglin Bouyei scenic spot in Xingyi city, displaying over 600 Bouyei-style residences on the mountainside. This beautifully illustrates how Guizhou’s karst topography intertwines with centuries-old Bouyei cultural traditions, showcasing cone-shaped karst formations, peaks, stalagmites, and caves.

    Visitors to the region are treated to mesmerizing dances and melodic songs performed by the Bouyei people. Their artistic traditions have been honored as national intangible cultural heritage. Among these treasures is the Bouyei’s “eight-tone sitting singing” music, renowned both at home and abroad for its harmonious melodies.

    One gem awaiting exploration is the Yanyu village in Zhenfeng county, a veritable tourism haven. Regarded as the oldest and largest Bouyei village, Yanyu is a testament to the rich cultural history of the Bouyei people, comprising 11 villager groups containing 656 households with more than 2,500 residents.

    Upon arrival at Yanyu village, hosts greet guests with the rice wine set to the dynamic cadence of traditional songs and dances. Immersive activities await, offering a glimpse into the unique Bouyei culture, from the art of bamboo pole dancing to the time-honored traditions of glutinous rice cake pounding, spinning, weaving, and the artful craft of creating indigo-dyed clothing.

    The Bouyei people are revered for their masterful handicraft and batik techniques. They employ a distinctive resist printing process that lends a cracked appearance to cotton fabric.

    Intricate embroidery and craftsmanship define Bouyei clothing. They serve as garments and expressions of cultural heritage, reflecting the deep-rooted connection of the Bouyei people to nature and their surroundings. Each garment weaves a narrative, intertwining elements of history and identity.

    It is a privilege to encounter the well-preserved intangible cultural heritage and unique ethnic customs of the Bouyei people in China. They predominantly live in southern China, particularly in Guizhou, Yunnan, and Sichuan provinces.

    Tourism and development in Guizhou can help promote the unique culture of the Bouyie people, while preserving the authentic agricultural practices, craftsmanship, language, and artistic performance integral to their way of life.

    The intersection of tourism and development serves as a powerful catalyst for celebrating the Bouyei people’s distinct culture, honoring their customs, and paving the way for sustainable initiatives to continue their rich heritage.

    By promoting community involvement and meaningful engagement through responsible tourism, the Bouyei traditions can flourish, captivating and inspiring future generations.

    Guizhou’s Bouyei culture is upheld by vibrant festivals, thriving tourism, and progressive development, ensuring its enduring legacy.

    MIL OSI China News

  • MIL-OSI United Kingdom: Plan your journey ahead of the Great South Run

    Source: City of Portsmouth

    With up to 23,000 runners expected, the 10-mile route will wind through some of Portsmouth’s most iconic locations, starting at Clarence Esplanade and passing through Old Portsmouth and the Historic Dockyard before returning to Southsea via Canoe Lake.

    Visitors driving to the event from outside the city are encouraged to use the PR4 Portsmouth Park and Ride service to Clarence Pier. This dedicated service for runners, spectators, and supporters provides frequent bus services throughout the weekend. Passengers can buy tickets through the First Bus or Ringo apps and day tickets can also be purchased from the bus driver. In addition to the special PR4 service, the PR1 route will be operating its regular weekend bus service on both days.

    If you’re travelling around the city by bus, please plan your journey before you set off as some routes will be affected by the road closures. Check the First Bus or Stagecoach app or operators’ website for service updates. On Sunday 20 October First Bus are offering free travel home for runners who show their medal to the driver after the Great South Run*.

    Passengers travelling with Hovertravel from the Isle of Wight can benefit from extra services on Sunday, running every 15 minutes between 8.15am and 9.15am, followed by an additional service at 9.45am.

    To ensure the safety of participants and spectators, the council is working with organisers to close some roads to traffic around the race area. These include Clarence Esplanade, Pier Road and Avenue de Caen. During the closures, park and ride Saturday services will terminate at Pembroke Road, and the final stop on Sunday will be City Centre South.

    Event parking on Southsea Common will be accessible before 9.30am and after 1pm, outside the time of the road closures.

    Parking will also be reduced on some roads, and drivers who park near the area should check temporary signs to make sure they are not parking in prohibited areas where vehicles could be removed. Full details of all road closures and restrictions can be found in the Temporary Traffic Regulation Order (TTRO) at http://www.portsmouth.gov.uk/tro.

    Cllr Peter Candlish, Cabinet Member for Transport, said:

    “The Great South Run is a fantastic event that brings a lot of activity to Portsmouth every year. We’re excited to welcome runners and spectators to our great waterfront city and encourage everyone to explore alternative travel options, such as using Portsmouth Park and Ride, travelling by bus, walking, cycling, or renting a bike or rental e-scooter whenever possible.”

    Top travel tips for the weekend:

    Visit GREAT SOUTH RUN, Portsmouth | First Bus for First Bus service updates.

    • Try a Voi rental e-scooter or e-bike: Available for hire throughout the city – visit com for details.
    • Hovertravel: Operating every 30 minutes between Ryde and Southsea with additional morning services on Sunday. Visit Hovertravel to find out more.
    • Trains: Check with operators for updated timetables and plan ahead.

    For more information about the Great South Run, including a map of the route, visit greatrun.org/events/great-south-run. For general information about visiting Portsmouth, head to visitportsmouth.co.uk. And for live traffic updates, follow @portsmouthroads on Twitter.

    * Hoverbus and Park & Ride services PR1 and PR4 are excluded from this offer

    MIL OSI United Kingdom

  • MIL-OSI: Municipality Finance will redeem early notes issued under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    14 October 2024 at 11:00 am (EEST)

    Municipality Finance will redeem early notes issued under its MTN programme

    Municipality Finance Plc will exercise its right to redeem in whole its USD 150 million notes (ISIN XS2548900146) on 28 October 2024.

    The notes are admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. MuniFin has today filed an application to remove the notes from trading.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland. The Group’s balance sheet totals over to EUR 50 billion.

    MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic, but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: http://www.kuntarahoitus.fi/en

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • MIL-OSI Submissions: Adjustment to early childhood education in the consumers price index

    Source: Statistics New Zealand

    Adjustment to early childhood education in the consumers price index – The FamilyBoost early childhood education (ECE) rebate scheme began on 1 July 2024. The September 2024 quarter consumers price index (CPI), to be released on Wednesday, 16 October at 10:45am, will include an adjustment to reflect the introduction of the rebate scheme.

    An adjustment has been made to the ECE subgroup in the CPI to reflect the rebate households will receive through the FamilyBoost scheme.

    Inland Revenue has provided data about the anticipated fall in household expenditure on ECE in 2024/25 due to FamilyBoost. A fall of about $174 million is expected in CPI expenditure on ECE.

    The movement for the ECE subgroup in the September 2024 quarter will incorporate the regular price changes for ECE, and this adjustment.

    MIL OSI

  • MIL-OSI Australia: Remarks to launch of Sean Turnell’s Lowy Institute paper, ‘Best Laid Plans’

    Source: Australian Government – Minister of Foreign Affairs

    Even with my highest hopes, when I became Foreign Minister I would not have imagined in little more than two years I would be here with Sean, at his book launch.

    One of the very first tasks on my desk when I first became Foreign Minister was to get Sean out of prison in Myanmar.

    It was perfectly clear how difficult this would be. We all know how brutal and oppressive the regime in Myanmar is.

    We know the escalating conflict and worsening humanitarian crisis in Myanmar.

    We are all appalled by the reports of widespread human rights abuses and atrocities.

    According to a recent report of the United Nations High Commissioner for Human Rights on the situation in Myanmar, at least 5,350 civilians have been killed.

    And half of the population is living below the poverty line, primarily due to the military violence since the 2021 coup.

    And of course Sean had spent years working to improve the lives of the people of Myanmar.

    Working as an adviser to Aung San Suu Kyi, at the invitation of the elected government of the day, to serve the people of Myanmar, and help them realise their hopes for their country.

    His work reinforcing the catastrophic failure of the junta.

    And so there was not a lot of cause for optimism about Sean’s release.

    Sean’s return was an extraordinary moment of relief for all of his family, friends and supporters, as well as the Australian Government, our regional partners and ASEAN members. Each of whom played important roles in securing Sean’s release.

    The multifaceted nature of the work behind Sean’s release was one factor in my decision to ask my department to review its approach to supporting Australians detained in complex circumstances overseas.

    That review included consulting with partners, stakeholders, and former detainees to ensure our methods are fit for purpose.

    We have deeply appreciated our engagement with Sean as part of these efforts.

    We are now better equipped to manage these complex and often highly distressing cases, which we handle on a case-by-case basis to ensure the safety and protection of the individual.

    We don’t ever want to jeopardise the welfare or safety of an Australian overseas.

    We also recognise that a level of public understanding and in some cases, public pressure, can contribute to better outcomes.

    In my position, I have to make a judgment about the best way to balance these options, always with their welfare front of mind.

    Always considering the best way to deploy the full range of resources at Australia’s disposal when pushing to secure their release, and to support families back home.

    And always seeking ways to refine and improve on this work.

    I look to the Senate’s Inquiry into the wrongful detention of Australian citizens overseas to provide suggestions that are both constructive and principled.

    I note we are also joined tonight by Cheng Lei and Kylie Moore-Gilbert, who went through their own terrible experiences.

    And while there are certainly aspects in common, the approach in each case is different, uniquely tailored to the circumstances and the country in which they were detained.

    Sean, we are so grateful to have you back in the country and with us tonight, and of course to see you resume your work as a world-leading expert on Myanmar’s economy.

    Which brings me to this important book.

    ‘Best Laid Plans’ documents Sean’s work in Myanmar, and his efforts to help reform Myanmar’s economy in that brief period of democracy between 2015 and 2021.

    It illustrates the sheer scale and ambition of Sean’s work with so many dedicated reformers in Myanmar.

    And it reinforces the tragedy of the country’s trajectory since the military coup in 2021.

    That coup was the latest setback for Myanmar and its people, who had seen their hopes for their country supressed yet again, following attempts before 1962 and again in 1988 to forge a more democratic and inclusive future.

    The regime’s actions in 2021 reversed years of political, economic and development gains.

    It has created the largest and most complex crisis in the Indo-Pacific; with humanitarian, economic, political and security dimensions.

    And it has caused enormous suffering for the people of Myanmar.

    The UN estimates approximately a third of the population – some 18.6 million people – are in need of humanitarian assistance and more than 3.4 million are internally displaced.

    Today, I announce Australia will provide a further $9 million through the Australian Humanitarian Partnership, to support communities and conflict affected populations in Myanmar.

    This will aid the delivery of life-saving food, water and shelter, as well as essential protection, education and health services for those most in need, including women, girls and people with disabilities.

    In his book, Sean also reflects on the atrocities in Rakhine state, which precipitated so much of the continuing violence against and the ongoing targeting of Rohingyas who live there, by the regime and other actors.

    The plight of the Rohingya people deserves greater focus in our region – which is why I visited Cox’s Bazar in May this year to talk with community leaders and humanitarian workers who have experienced the consequences of the regime’s actions.

    The Rohingya crisis is Australia’s largest humanitarian response.

    With my announcement today, successive governments–both Labor and Coalition–will have contributed some $880 million in assistance for Rohingya, their host communities in Bangladesh and people across Myanmar since 2017.

    We support the rights of Rohingyas to live safely as citizens in Myanmar.

    We want to see conditions put in place that would allow Rohingyas to return in a voluntary, safe, dignified and sustainable way.

    And until such time as a safe and dignified return is possible, Australia will continue to support displaced Rohingyas in Bangladesh. 

    The Australian people are decent and want to help.

    We are generous with our humanitarian aid – but it is not a long-term answer.

    Reform is desperately needed to drive growth.

    As Sean shows us in this book, Myanmar’s economy continues to face a range of constraints.

    The World Bank forecasts GDP growth of one per cent in 2024-25 financial year, a revision from 2023 projection of 2 percent growth.

    Businesses face operational difficulties as a result of foreign currency, labour and electricity shortages and rapidly rising prices.

    And conflict has enabled illicit economic activities to thrive, including narcotics production, scam centres and human trafficking.

    The regime is losing ground, but there is no sign its position is softening.

    Despite territorial losses and a bleak economic outlook, the regime has not changed its approach.

    And opposition groups are divided.

    As a result, Myanmar is at risk of further fragmentation.

    The current trajectory is not sustainable for the regime or for the region.

    We want the regime to take a different path–to fulfil its commitment under ASEAN’s Five Point Consensus, and engage meaningfully and positively with ASEAN representatives.

    There must be much more safe access for humanitarian assistance across the country, so that all those who are in need can receive support.

    There must be an end to the violence, including the targeting of civilians.

    The regime’s violent repression of its people is why the Albanese Government has applied sanctions on key members of the regime responsible for atrocities, as well as on commercial entities with direct links to the Myanmar military regime and why we will continue to keep our targeted sanctions towards Myanmar under review.

    But sanctions can only achieve so much.

    Genuine, inclusive dialogue is vital to any political resolution – as out of reach as that seems now.

    Ultimately, a political resolution in Myanmar will require dialogue between all the actors, including the regime, and a genuine willingness for a legitimate return to civilian-led democratic government.

    I have said before that we can’t only deal with those who share our views if we are to effect change.

    That was our approach in engaging with the Myanmar regime to secure Sean’s release.

    Which is why in 2022, ahead of Sean’s release, I spoke twice directly with the regime’s then-Foreign Minister, U Wunna Maung Lwin.

    Not just to argue for a positive outcome for Sean, but so I could directly register Australia’s objections to the regime’s actions.

    I also met earlier this year with the National Unity Government’s Minister for Foreign Affairs, Madam Zin Mar Aung.

    Peace requires dialogue, which is why Australia will continue to engage with and listen to the many groups and voices working for democracy in Myanmar, including but not limited to the NUG. And why we will continue to support inclusive dialogues that lay the groundwork for future political transitions.

    Australia stands ready to work with ASEAN and other partners to find pathways that may encourage dialogue between all players, to lend our voice to messages to the regime to take a different path, and to bring to the table any support that will help make a difference. 

    We are also supporting efforts to strengthen civil society and build resilience, along with local-level governance initiatives for communities in areas outside regime control.

    We do all this because as Sean so powerfully reminds us, the people of Myanmar have not lost hope for their country – so we must not lose hope in them.

    We must remain resolute in our support for the people of Myanmar. They have demonstrated their courage and commitment to democracy in decades’ long struggles, with determined resilience in the face of the most horrific adversity.

    Tonight we celebrate not just Sean’s contribution, but all those in Myanmar who continue to work for change.

    We stand with them, and share their ambitions for a better future.

    Sean, congratulations on this achievement.

    We admire your dedication and ongoing commitment to the people of Myanmar.

    It is my pleasure to officially launch your book.

    MIL OSI News

  • MIL-OSI Russia: Mongolia: Concluding Statement of the 2024 IMF Staff Visit

    Source: IMF – News in Russian

    October 14, 2024

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    • A critical priority for the new coalition government is to manage the current commodity boom prudently to effectively implement its ambitious reform and investment agenda.
    • Building external and fiscal buffers will help create the necessary policy space to implement the ambitious investment program and other reforms in line with the economy’s absorptive capacity while maintaining external and internal balance. In the current situation, achieving these goals requires fiscal policy tightening, adherence to fiscal rules, tight monetary and macroprudential policies, and enhanced financial supervision.
    • Progress on soft infrastructure related to legislative, regulatory, and institutional frameworks is just as important as building hard infrastructure, to strengthen the business climate and governance. Priorities include upgrading important regulations, ensuring regulatory coherence, and boosting central bank operational independence. The introduction of a nominal debt ceiling with strong deterrence is a major and welcome step forward. So will be the planned and overdue energy tariff reforms, which will be essential to ensure reliable national energy supply. Infrastructure projects should be well prioritized and effectively implemented with proper feasibility studies, strengthened medium-term fiscal planning and sound public investment management.

    The economy: A commodity boom

    A booming mining sector, record high coal exports, and strong household and government spending have led to buoyant economic activity despite a large contraction in agriculture due to the severe winter. The large and permanent wage and pension increases in the 2023−2024 budgets, large dividend payouts by Erdenes Tavan Tolgoi, government support programs, and a minimum wage hike helped raise household incomes and salary‑backed consumer credit, boosting consumption and imports. Strong revenue collection and backloaded capex registration have contributed to a budget surplus despite significant public spending increases. Public debt declined to 47 percent of GDP at end-2023, consistent with IMF staff estimates of the appropriate debt anchor for Mongolia.

    Headline inflation has eased and lies within the BOM’s 6±2 target band. The decline is largely due to softer import prices, supported by a small exchange rate (ER) appreciation, and has led to policy rate cuts. However, core inflation remains sticky and has ticked up to the upper limit of the target band in August. Moreover, credit growth in the bank and non-bank financial (NBFI) sectors, especially consumer loans, has been rapid, exceeding long-term trends and has prompted the BOM to tighten reserve requirements and debt service to income (DSTI) limits for consumer loans. Household debt is rising rapidly, especially for some segments of borrowers.

    External vulnerabilities declined despite a marked deterioration in the current account deficit due to strong imports and softer coal export prices. FDI and other financing inflows have helped support gross international reserves (GIR) which remains broadly at end-2023 levels (US$4.7 billion at end-August, 3.3 months of imports or 96 percent of the ARA metric). Well-executed external debt refinancing and the BOM’s repayment of half of the outstanding PBOC swap line have reduced external debt risks, resulting in a sovereign credit ratings upgrade.

    Outlook: Continuing commodity boom, robust growth, but rising imbalances

    Growth is expected to remain robust in 2024−25 reflecting strong mining sector growth, bolstered by the increased production of higher‑grade copper and stronger coal exports to China, and the expansionary, and procyclical 2024 supplementary and draft 2025 budgets. Assuming the government’s spending plans on mega projects[1] is gradually phased in in line with external financing, fiscal deficits are expected to rise through 2029, raising gross financing needs, public debt, and fiscal risks. The output gap is estimated to remain positive through 2028.

    Expansionary fiscal policies are likely to widen Mongolia’s external and internal imbalances. Inflation is expected to continue to rise in 2024H2 and remain above target till 2026 due to the lagged effects of the substantial fiscal stimulus in the pipeline, additional stimulus from the 2024 supplementary and 2025 budgets, energy tariff increases, and strong credit growth. Current account deficits are expected to persist due to the high import intensity of investment projects, reducing GIR buffers, despite FDI and new external borrowing. 

    The forecasts are subject to considerable uncertainty related to the implementation pace, financing, and private sector participation in mega projects, which is still under discussion. The greater the reliance on domestic financing, the larger the impact on GIR, ER, and inflation given the high import intensity of capex. However, procuring external financing to the tune of 67 percent of 2024 GDP within 4−5 years will be difficult. Realistically, therefore, investments are likely to proceed gradually, as implementation runs into capacity and financing constraints, thereby improving macroeconomic outcomes relative to current forecasts.

    The outlook is also subject to downside risks stemming from commodity price volatility, uncertainty related to Chinese demand for coal, disruptions in fuel imports from Russia, and delays at China’s Tianjin port, a major transit point for Mongolia’s imports. Potential production and export delays in copper due to regulatory and procedural barriers pose risks. Natural disasters and geopolitical developments add uncertainty. On the upside, commodity prices or exports to China could be stronger than expected, especially in the near term. Moreover, new mining production could come onstream over the medium-term, boosting exports.

    Policies: Prudent commodity boom management to sustain growth momentum

    A. Fiscal tightening and adherence to fiscal rules: the top policy priority

    Fiscal policy tightening is necessary to ensure external and internal balance, build buffers during the current boom and to reduce the burden on monetary policy in confronting inflationary risks. To achieve fiscal consolidation while boosting investment, additional measures are needed to reduce current spending and boost non-mining revenues, such as containing the wage bill, targeting social assistance, increasing progressivity in personal income taxes, reducing tax exemptions, and tax and customs administration reforms (IMF 2023 Report).

    Reorienting spending toward infrastructure investment could enhance productivity, provided it is well managed and aligned with the economy’s absorptive capacity. The government should proceed cautiously given Mongolia’s external vulnerabilities, import dependence, limited domestic financing capacity, tighter global financing conditions, and weaknesses in public investment management (PIM). Building buffers during the boom helps create the fiscal space for a gradual, more effective implementation of critical public investment priorities. A more effective Medium-Term Fiscal Framework (MTFF) including capital expenditures is needed to guide capital spending and anchor fiscal and external risks. Investments should be well-prioritized based on proper feasibility studies, with sound implementation of PIM and PPP legislative frameworks to avoid corruption and unproductive projects.

    The adoption of a nominal debt ceiling of 60 percent of GDP is a major step forward in strengthening Mongolia’s fiscal rules, as it boosts transparency and accountability, and includes strong deterrence measures. Retaining the structural deficit ceiling helps contain excessive deteriorations in fiscal balances. Nevertheless, neither rule will be able to constrain spending sufficiently in the near term since the debt limit is not binding at present. The procyclicality of the new expenditure rules helps support spending when the economy is booming, and requires spending cuts when it is not, thereby aggravating economic cycles. The rules will need to place some constraints on total spending, which would also preempt potential spending misclassifications (IMF staff stand ready to assist the government in developing appropriate total spending constraints that could allow the government to undertake spending related to its reform and investment plans). Frequent changes in fiscal rules should be avoided as they undermine the effectiveness of the rules as a policy anchor.

    B. Ensuring tighter domestic financial conditions

    Monetary and macroprudential policies should continue to ensure that domestic financial conditions remain tight. Given the expected rise in inflation in the absence of fiscal consolidation, the BOM should ensure real policy rates remain high until there is greater certainty regarding the stabilization of inflation within the target band. In this regard, maintaining an unchanged monetary policy stance in September 2024 would have been better aligned with the BOM’s assessment of the inflationary outlook. The tightening of DSTI limits and reserve requirements to slow excessive credit growth in the banking sector, on the other hand, were timely and appropriate measures, though more maybe needed (below). The government’s plans to resume domestic debt issuances to establish a yield curve should help improve monetary policy transmission.

    C. Building external buffers to strengthen resilience, increase policy space for reforms

    External buffers should be increased to strengthen resilience to external shocks and create the room for an effective implementation of the government’s reform priorities. The BOM should allow greater ER flexibility to help absorb external shocks. The government should use its ability to monitor export contracts to better enforce SOE repatriation and the currency settlement law and undertake reforms to attract new FDI and external private financing (below). The newly established BOM-MOF-MOED working group to align the pace of investments with external stability considerations, is an excellent initiative and should help inform the government’s investment plans and the MTFF.

    D. Ensuring a sound financial sector

    Financial sector supervision should remain vigilant about emerging risks, notably credit risk, given the exceptionally strong credit growth across the financial sector. Enhanced financial soundness indicators during periods of strong economic and rapid credit growth can mask underlying vulnerabilities. It would be important to align the planned reduction in DSTI limits for NBFIs with the lower bank DSTI limits rapidly to prevent regulatory arbitrage to contain explosive consumer credit growth. Supervisors should ensure that DSTI limits are being effectively enforced, accelerate the use of FICO credit scoring, and discourage over‑leveraged consumers from additional borrowing by improving financial literacy. Adherence to NBFI regulations and a rapid approval of the upgraded NBFI regulatory framework would help reduce risks. BOM and FRC supervisors should identify and reduce interlinkages between banks and NBFIs to pre-emptively reduce financial sector vulnerabilities and systemic risks including through targeted onsite supervisions and special provisioning requirements, if necessary. The BOM Governor should be allowed to exercise powers granted by the Central Bank Law to nominate key personnel responsible for financial sector supervisory oversight immediately to facilitate financial sector risk management and reforms.

    The financial sector’s ability to lend to credit worthy entities should be strengthened through broader reforms. Insolvency and creditor rights must be improved to assist financial sector institutions address poor asset quality expeditiously. To keep banking sector reforms on track to meet the new end-2026 deadline, the BOM should continue to monitor the development of time-bound plans for shareholder diversification. Shareholder limits should be increased to ensure the effective management and operation of banks, including by allowing selected IFIs to invest in multiple banks.

    E. Strengthening soft infrastructure is just as important for sustainable growth

    Improving Mongolia’s business climate and governance is critical for strong and sustainable growth. Key priorities for soft infrastructure reform are—a strengthened Investment Law to cut red tape; accelerated overhaul of the Minerals Law; and approval of amendments to the SOE, Insolvency and the draft Whistleblower Laws. Effective enforcement of SOE governance reforms, and a strong judiciary is also necessary, as is ensuring the operational independence of BOM. The planned energy tariff reform is long overdue and necessary to secure energy supply to households and businesses while boosting long-term growth. Tariff increases should be well communicated, appropriately paced, and supported by targeted but temporary assistance to poor households to alleviate transition costs. Ensuring regulatory coherence with tax laws and effective tax dispute resolution processes would facilitate the operation of existing FDI projects and attract new FDI. The new Sovereign Wealth Fund is welcome but a strong governance framework for its sub-funds should be quickly established.

    An IMF team visited Ulaanbaatar to conduct the discussions during September 25–October 1, 2024. The IMF mission would like to thank the Mongolian authorities for frank and constructive discussions and their kind hospitality.

    Table 1. Mongolia: Selected Economic and Financial Indicators, 2021−29

     

    2021

    2022

    2023

     

    2024

    2025

    2026

    2027

    2028

    2029

    Actual

    Projections

           

    (In percent of GDP, unless otherwise indicated)

     

    National Accounts

           

       Nominal GDP (in USD million)

    15,286

    17,146

    20,315

    23,669

    27,242

    29,120

    31,569

    34,024

    36,400

       Real GDP growth (percent change)

    1.6

    5.0

    7.4

    5.5

    7.0

    6.0

    5.5

    5.5

    5.0

       Contributions to Real GDP (ppts)

           

          Domestic Demand

    17.6

    11.4

    5.6

     

    20.2

    8.3

    7.6

    10.0

    8.8

    7.2

             Exports of G&S

    -7.5

    13.9

    17.9

     

    1.6

    7.3

    6.5

    0.9

    2.8

    4.5

             Imports of G&S

    -8.5

    -20.3

    -16.2

     

    -16.4

    -8.6

    -8.2

    -5.4

    -6.1

    -6.6

             

       Consumption

    67.9

    65.8

    57.5

     

    61.5

    60.4

    61.5

    63.0

    63.6

    63.2

    Private

    53.0

    51.9

    44.5

     

    46.7

    45.8

    47.1

    48.7

    49.4

    48.9

    Public

    14.9

    13.9

    13.0

     

    14.7

    14.6

    14.4

    14.3

    14.2

    14.2

       Gross Capital Formation

    36.7

    42.3

    33.9

     

    35.9

    35.4

    35.3

    35.5

    35.8

    36.0

     Gross Fixed Capital Formation

    26.8

    29.8

    25.3

     

    26.6

    28.4

    29.3

    29.3

    29.6

    29.8

    Public

    6.8

    7.1

    7.4

     

    9.9

    10.3

    10.0

    10.0

    10.0

    10.0

    FDI

    13.5

    14.2

    10.7

     

    8.6

    9.3

    10.3

    9.9

    9.4

    9.1

    Domestic Private (including SOEs)

    6.5

    8.6

    7.3

     

    8.1

    8.8

    9.0

    9.4

    10.2

    10.6

       Gross national saving

    22.9

    28.9

    34.5

     

    29.0

    27.7

    27.0

    26.3

    26.2

    26.7

                         

    Prices

                       

       Consumer Prices (Avg; percent change) 1/

    7.4

    15.2

    10.3

     

    6.5

    9.0

    8.3

    7.6

    7.2

    6.7

       Consumer Prices (EoP; percent change) 1/

    13.9

    13.2

    7.9

     

    7.5

    9.5

    7.6

    7.5

    6.8

    6.5

       Copper prices (US$ per ton)

    9317

    8829

    8491

     

    9298

    9450

    9550

    9584

    9584

    9584

       Coal prices (US$ per ton)

    150

    123

    131

     

    115

    105

    105

    105

    105

    105

       GDP deflator (percent change)

    14.4

    17.7

    21.8

    10.0

    8.9

    6.7

    8.1

    7.1

    6.6

    General government accounts

       Primary balance (IMF definition)

    9.7

    2.2

    4.3

    1.8

    0.3

    0.3

    -0.3

    -0.4

    -0.1

       Total revenue and grants

    32.8

    34.4

    34.6

    37.6

    36.5

    35.6

    34.7

    34.4

    34.8

       Primary expenditure and net lending

    23.2

    32.2

    30.3

    35.9

    36.2

    35.4

    35.0

    34.9

    34.9

       Interest

    1.9

    1.5

    1.6

    1.4

    1.3

    1.3

    1.5

    1.5

    1.6

       Overall balance (IMF definition)

    7.8

    0.7

    2.7

    0.4

    -1.0

    -1.1

    -1.8

    -2.0

    -1.7

    Non-mineral primary balance (in percent of GDP)

    2.0

    -6.3

    -5.7

    -10.3

    -11.1

    -10.6

    -10.4

    -10.2

    -9.9

       Gross financing needs

    2.5

    3.8

    15.3

    5.2

    4.1

    10.1

    7.1

    7.8

    7.0

       General government debt 2/

    67.7

    64.5

    46.8

    42.4

    40.0

    40.7

    42.4

    44.8

    47.3

          Domestic

    3.2

    4.4

    3.4

    3.6

    3.0

    3.3

    3.5

    3.8

    4.0

          External

    64.6

    60.1

    43.4

    38.7

    37.0

    37.5

    38.9

    41.0

    43.3

    Monetary sector

    Broad money growth (percent change)

    13.8

    6.5

    26.8

    20.0

    15.9

    11.9

    12.3

    11.8

    14.2

    Reserve money growth (percent change)

    6.5

    39.9

    7.4

    20.1

    13.7

    11.9

    12.3

    11.8

    12.1

    Credit growth (percent change)

    18.1

    8.6

    22.0

    24.0

    16.0

    14.2

    13.5

    13.5

    13.5

    Balance of payments

    Current account balance

    -13.8

    -13.4

    0.6

    -6.9

    -7.7

    -8.3

    -9.2

    -9.5

    -9.3

    Exports of goods 3/

    53.2

    57.5

    68.5

    62.7

    60.0

    58.9

    55.1

    53.1

    53.3

    Imports of goods

    44.3

    50.3

    46.1

    48.8

    45.4

    45.4

    43.7

    43.7

    43.7

    Gross official reserves (in USD million) 4/

    4366

    3400

    4921

    5027

    5140

    5828

    6736

    7159

    7580

          (In months of imports)

    4.3

    3.0

    3.7

     

    3.6

    3.4

    3.7

    4.0

    4.0

    4.0

    Net International Reserves (NIR) 7/

    779.1

    -796.6

    570.3

     

    (net of bank’s FX deposits held at the BOM)

    3612

    1949

    3612

     

    Net international reserves (NIR) 5/

    779

    -797

    720

                 

    Exchange rate

                       

    Togrog per U.S. dollar (eop)

    2849

    3445

    3411

     

                         

    Sources: Mongolian authorities; and IMF staff projections.                                                                                                                                      

       

    1/ Will be revised to reflect planned energy subsidy removal.

    2/ Excludes BOM liabilities to PBOC. Domestic debt includes government’s liabilities to BOM related to the TDB settlement with regard to Erdenet as well as DBM’s domestic FX borrowing and DBM’s borrowing from BOM.

    3/ The projections assume coal export volumes for 2024 and 2025 in line with the 2025 medium-term fiscal framework (75 and 80 million tons, respectively), gradually rising to 95 million tons by 2029, reflecting higher coal demand from China and better coal transportation services; Oyu Tolgoi’s revised medium-term copper production and FDI plans; and updated information on SOE off-take contracts.

    4/ Gross official reserves includes drawings from the PBOC swap line and IMF SDR allocation in 2021.

    5/ NIR is defined as GIR excl. commercial banks’ and government’s US$ deposits held at the BOM, the PBOC swap line, and liabilities to the IMF.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pemba Sherpa

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/14/mcs-mongolia-concluding-statement-of-the-2024-imf-staff-visit

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Hate Crime Awareness Week

    Source: City of Coventry

    This week is Hate Crime Awareness Week and it’s important we all understand this issue.

    A hate crime is a criminal offence that is motivated by hostility and prejudice towards somebody because of their:

    •  Transgender identity
    •  Sexual orientation
    •  Disability
    •  Race
    •  Religion or belief

    Hate crimes can include verbal abuse, physical assault, online abuse and damage to property.

    Anyone can be a victim of hate. These crimes can also take place anywhere – at home, out in public, online, at work or at school.

    If you have experienced a hate crime or incident, you can:

    • Call 999 if you are in danger, threats have been made against you or if a crime is in progress
    •  For non-emergencies, call 101
    •  Webchat with the police at http://www.westmidlands.police.uk
    •  Visit your local police station

    It’s incredibly important that hate crimes are reported. If you’ve been a victim and are uncomfortable reporting the incident to the police, then you can visit our Family Hubs and Libraries who will be able to assist.

    To help people get a greater understanding of Hate Crime, West Midlands Police have produced this short video. 

    Published: Monday, 14th October 2024

    MIL OSI United Kingdom

  • MIL-OSI Video: UK Watch live: Science Minister Lord Vallance of Balham speaks to the Science and Technology Committee

    Source: United Kingdom UK House of Lords (video statements)

    The House of Lords Science and Technology Committee questions Sir Patrick Vallance, now Lord Vallance of Balham, on his general responsibilities as Minister for Science and issues related to its ongoing inquiry into engineering biology. Watch live from 10:15am on Tuesday 15 October.

    Find out more about the inquiry https://committees.parliament.uk/event/21940/formal-meeting-oral-evidence-session/

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

    Stay up to date with the House of Lords on social media:

    • Twitter: https://twitter.com/UKHouseofLords
    • Instagram: https://www.instagram.com/UKHouseofLords/
    • Facebook: https://www.facebook.com/UKHouseofLords
    • Flickr: https://flickr.com/photos/ukhouseoflords/albums
    • LinkedIn: https://www.linkedin.com/company/the-house-of-lords
    • Threads: https://www.threads.net/@UKHouseOfLords

    #HouseOfLords #UKParliament #StateOpening

    https://www.youtube.com/watch?v=Ilw6RTPUsSs

    MIL OSI Video

  • MIL-OSI New Zealand: Adjustment to early childhood education in the consumers price index

    Source: Statistics New Zealand

    Adjustment to early childhood education in the consumers price index – The FamilyBoost early childhood education (ECE) rebate scheme began on 1 July 2024. The September 2024 quarter consumers price index (CPI), to be released on Wednesday, 16 October at 10:45am, will include an adjustment to reflect the introduction of the rebate scheme.

    An adjustment has been made to the ECE subgroup in the CPI to reflect the rebate households will receive through the FamilyBoost scheme.

    Inland Revenue has provided data about the anticipated fall in household expenditure on ECE in 2024/25 due to FamilyBoost. A fall of about $174 million is expected in CPI expenditure on ECE.

    The movement for the ECE subgroup in the September 2024 quarter will incorporate the regular price changes for ECE, and this adjustment.

    MIL OSI New Zealand News

  • MIL-OSI Video: UK “It humanises politics” hear what members had to say about Learn with the Lords Day | House of Lords

    Source: United Kingdom UK House of Lords (video statements)

    Members help students engage with the work of the House of Lords through our Learn with the Lords programme.

    Hear from Baroness Finlay of Llandaff, Lord Haskel, Baroness Bennett of Manor Castle and Baroness Fookes about why they take part in the programme and why they feel it’s important for young people to get involved with @UKParliament and democracy.

    Find out more about Learn with the Lords https://learning.parliament.uk/en/learn-with-the-lords/

    #HouseOfLords #UKParliament #LearnWithTheLords #Education #Schools

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

    Stay up to date with the House of Lords on social media:

    • Twitter: https://twitter.com/UKHouseofLords
    • Instagram: https://www.instagram.com/UKHouseofLords/
    • Facebook: https://www.facebook.com/UKHouseofLords
    • Flickr: https://flickr.com/photos/ukhouseoflords/albums
    • LinkedIn: https://www.linkedin.com/company/the-house-of-lords
    • Threads: https://www.threads.net/@UKHouseOfLords

    #HouseOfLords #UKParliament

    https://www.youtube.com/watch?v=_4LcHgnnciA

    MIL OSI Video

  • MIL-OSI Russia: “Pedagogical Start”: Intern Training Begins at Polytechnic University

    MILES AXLE Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    An important task of the university’s personnel policy is the development and systematic implementation of fundamentally new tools and mechanisms for the professional development of the teaching staff. Starting from this academic year, the Polytechnic University Four career paths have been introduced: teacher-researcher, teacher-mentor, teacher-practitioner and intern.

    Last week, the training of interns under the Pedagogical Start program began. 75 young specialists began studying the basics of pedagogical activity and teaching methods with subsequent practice. The interns included final-year students and postgraduates who have been working at the university since the beginning of this academic year as educational and auxiliary or engineering personnel. The allocation and financing of full-time positions for interns is carried out from the university’s centralized fund. Each intern is assigned a mentor – an experienced teacher.

    At the organizational meeting with interns and their mentors, the Vice-Rector for Educational Activities, Chairperson of the Selection Committee of the Faculty of the Faculty, Lyudmila Pankova, spoke about the specifics and features of training interns.

    Formation of the career trajectory of interns is aimed at creating additional conditions for attracting, retaining and developing young promising specialists with high potential at our university. Through planned training of interns through the system of training and mentoring, in a year the university receives a formed young specialist, ready for teaching and research activities, possessing pedagogical experience and planning his professional development at the university, – noted Lyudmila Vladimirovna.

    During this academic year, interns will undergo a special professional retraining program and enter the classroom with their mentors. Interns will also undergo an assessment of universal competencies on the presidential platform of the ANO “Russia – Country of Opportunities”.

    The retraining program “Pedagogical Start” includes several thematic modules devoted to the history and development trends of higher education, regulatory framework for educational activities, psychological and pedagogical training, visualization technologies, design of educational resources in a digital educational environment, rhetoric, as well as practices of using artificial intelligence as a teaching tool.

    An important element of the training program for interns is their internship, which includes attending classes with leading teachers of the structural unit where the intern works, developing and conducting practical classes with subsequent discussion of the results with their mentor, and creating an electronic educational resource for their course.

    The modules of the “Pedagogical Start” program are designed so that interns can quickly integrate into the Polytechnic’s teaching community. For example, the first classes include an introduction to the history of our university and a visit to the museum, and the basics of public speaking will be mastered using a specialized VR complex, explained Elena Zima, head of the retraining program and director of the Education Quality Center.

    In the second part of the organizational meeting, representatives of the PPS competition committee discussed topics of interest to interns, their mentors and those responsible for the implementation of personnel policy at the institutes. The employment procedure was covered by the Head of the Personnel Department Maria Pakhomova. Secretary of the PPS competition committee Olga Kalinina answered questions regarding the specifics of the entry conditions and the planned results of the intern’s career trajectory.

    After the organizational meeting, Lyudmila Pankova gave the interns the first lecture under the retraining program on the topic of “Modern trends in education.”

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.spbstu.ru/media/nevs/education/pedagogical-start-at-the-polytechnic-training-trainees-has begun/

    MIL OSI Russia News

  • MIL-OSI USA: Statement from Vice President Kamala  Harris on the Passing of Former U.S. Senator Tim  Johnson

    US Senate News:

    Source: The White House
    Senator Tim Johnson was a tenacious fighter for the people of South Dakota. Throughout his career—as a member of the South Dakota legislature, as the state’s sole representative in the U.S. House of Representatives, and as a U.S. Senator—he brokered compromise and advanced commonsense solutions that improved the lives of South Dakotans and all Americans. Senator Johnson secured support for critical water infrastructure that delivered clean water to communities across South Dakota, including Native reservations and rural communities across the state. He played a vital role in passing the Affordable Care Act, which delivered high-quality, affordable health care to millions of Americans, including tens of thousands of South Dakotans. And as Chairman of the Senate Banking Committee, he championed community banks and housing finance reforms to help ensure that rural communities across the nation have the support they need to access safe and affordable housing. His life and legacy will be felt by generations of South Dakotans and all Americans to come. Doug and I send our prayers to his wife, Barbara, and the entire Johnson family. 

    MIL OSI USA News

  • MIL-OSI USA: Rhode Island Gets $1.6 Million Small Businesses Opportunity Grant

    Source: United States House of Representatives – Representative Seth Magaziner (RI-02)

    Federal grant will support the state-administered RI Rebounds Technical Assistance Program

    PROVIDENCE, RI – U.S. Senators Jack Reed and Sheldon Whitehouse and Congressmen Seth Magaziner and Gabe Amo announced $1,600,000 in competitive grant funding for the Rhode Island Commerce Corporation to better support small businesses in the construction, transportation, and renewable energy industries through the RI Rebounds Technical Assistance Program. Administered through the State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP) that was reauthorized and expanded by the American Rescue Plan Act, this award will assist underserved and very small businesses in Rhode Island. 

    Rhode Island’s application for this $1.6 million SSBCI grant was chosen from a share of $75 million in federal funding nationwide to provide critical technical assistance to small businesses and entrepreneurs – helping these small companies access financing opportunities.

    This latest grant comes on top of the $61.7 million in federal SSBCI funding Reed and Whitehouse secured last year to promote small business growth and entrepreneurship across the Ocean State.

    “I helped pass the American Rescue Plan Act to deliver pandemic relief to help small businesses stay afloat, recover and grow, and position themselves for long-term success.  This latest round of federal funding will help connect more small businesses with access to capital and other tools to compete, grow, and strengthen Main Street businesses in communities across the state,” said Senator Jack Reed.

    “Our delegation is dedicated to helping Rhode Island’s entrepreneurs create well-paying jobs,” said Senator Sheldon Whitehouse. “This federal investment – made possible by the American Rescue Plan – will provide technical support to small businesses with the goal of growing the local economy.”

    “Behind every small business is an entrepreneur who had the courage to turn their dreams into reality, and we need to keep that spirit alive in Rhode Island,” said Representative Seth Magaziner. “This federal funding will help small businesses receive the technical assistance they need to create good jobs and opportunities for working Rhode Islanders.”

    “After working to help implement President Joe Biden’s American Rescue Plan and its critical provisions that support small businesses, I’m glad to build upon this effort as a member of the Rhode Island’s congressional delegation,” said Congressman Gabe Amo. “Growing a business is never easy, but with this federal funding for Rhode Island Commerce, we’re helping to bring down barriers so that every entrepreneur with a vision and a dream can compete on a level playing field.” 

    “This funding will provide critical technical assistance services to ensure even our state’s smallest entrepreneurs have the resources they need to grow and thrive” said Rhode Island Secretary of Commerce Liz Tanner. “I thank our state’s Congressional delegation and the Biden Administration for their continued support of our small businesses.”

    BACKGROUND

    Signed into law in 2021, the American Rescue Plan Act reauthorized and expanded SSBCI, which provides nearly $10 billion to support small businesses and help them the access the capital they need to invest in job-creating opportunities. SSBCI provides funds to states, the District of Columbia, territories, and Tribal governments to promote entrepreneurship, support small business ownership, and democratize access to capital across the country, including in underserved communities.

    Earlier this year, the Department of Treasury announced that Rhode Island was approved to use $773,624 in SSBCI allocation formula-based technical assistance grant funding to support RI Commerce in providing legal, accounting, and financial advisory services to underserved and very small businesses preparing to apply for support from state and/or federal small business programs, including connecting companies directly with the state’s SSBCI-supported capital programs.

    A fact sheet summarizing the funding that Rhode Island and 13 other states received can be found HERE. 

    MIL OSI USA News

  • MIL-OSI USA: Behavioral Health Resources Available for People Impacted by Hurricane Helene

    Source: US State of North Carolina

    Headline: Behavioral Health Resources Available for People Impacted by Hurricane Helene

    Behavioral Health Resources Available for People Impacted by Hurricane Helene
    hejones1

    Whether directly or indirectly, millions of people in North Carolina have been impacted by Hurricane Helene. Natural disasters are traumatic for individuals, families and communities, and there is no right or wrong way to feel. After a hurricane, it’s even more important to get mental health support if you believe you or a loved one may need help, and to stay in contact with family and friends as soon as your access to communications is restored. 

    “You are not alone, there is always someone to call and someone to respond if you need help with your mental or behavioral health,” said NC Health and Human Services Secretary Kody H. Kinsley. “Hurricane Helene brought catastrophic damage that will be felt immediately and for weeks, months and years to come. We are committed to helping those who are impacted right now, and for the long haul.”

    The following resources are always available if you or a loved one need help immediately:

    • The national Disaster Distress Helpline, 1-800-985-5990, is a 24/7, 365-day-a-year resource dedicated to providing immediate crisis counseling for people impacted by a natural disaster or emergency. Help is available in English and Spanish. Deaf and Hard of Hearing ASL callers can call or text through their preferred Relay provider.
    • Help is also available to anyone, anytime in English or Spanish through a call, text or chat to 988. Learn more at 988Lifeline.org. The person who answers your call is a trained counselor and can provide immediate support.
    • The statewide Peer Warmline, 1-855-PEERS NC (855-733-7762), is staffed 24/7 by Peer Support Specialists who offer non-clinical support and resources to those in crisis. Peers are people living in recovery with mental illness and/or substance use disorder who provide support through the lens of personal lived experience.
    • For first responders and volunteers, it’s important to take care of yourself while you take care of others. For stress, emotional fatigue, a mental health crisis or just someone to talk to, call Hope4NC Helpline at 1-855-587-3463 for free, confidential, 24/7 support.
    • The Disability Disaster Hotline, 800-626-4959, provides information, referrals and guidance to people with disabilities and their families during disasters. Help is available 24/7.
    • People who are uninsured or have Medicaid can also call the crisis line of the Local Management Entity/Managed Care Organization in their region:
      • Partners: 1-833-353-2093 (serves western region)
      • Vaya Health: 1-800-849-6127 (serves western region)
      • Alliance: 1-877-223-4617
      • Trillium: 1-888-302-0738

    There are also resources available for people impacted by Hurricane Helene who are experiencing a crisis and need a safe place for care, as well as those have a mental health diagnosis or substance use disorder.

    Mental Health Crisis Care
    Community Crisis centers (facility-based crisis) are starting to re-open. Community Crisis & Detox Centers open as of Thursday, Oct. 10, 2024:

    • The Balsam Center, Haywood County – Open
    • Foothills Regional Treatment Center, Caldwell County – Open
    • Neil Dobbins Center and C3356 BHUC, Buncombe County – Closed
    • Caiyalynn Burrell Child Crisis Center, Buncombe County – Closed
    • Synergy Recovery, Wilkes County – Open

    Walk-in Clinics 
    People can walk into a clinic for mental health or substance use care the same way urgent care clinics help people with immediate physical health needs.  Walk-in Mental Health centers are open in more than two dozen counties that may have been impacted by Hurricane Helene.  You can view a list of walk-in clinics that are open here: Hurricane Recovery Resources – Vaya Health.

    Mobile Crisis Response
    Mobile Crisis teams are operating throughout the disaster area. Mobile Crisis teams can send trained clinicians to a home, community, or shelter to respond to an urgent need.  To get connected with a mobile crisis team, you can call Vaya Health at 1-800-849-6127 and they will respond to you as soon as possible depending on your location.

    For the most up to date info on Behavioral Health resources in the area, please reach out to Vaya Health’s Behavioral Health Crisis Line at 1-800-849-6127.

    Opioid Treatment Available 
    All Opioid Treatment Programs in the storm-impacted region are currently open. If you need to find a program, there is a real-time map with location, contact information and hours of operation available at thecentralregistry.com/map. Programs are working with emergency shelters, and all shelters have overdose rescue medications on-hand to provide emergency assistance to shelter residents if needed.

    Behavioral Health Shelter Support
    Most emergency shelters also have a behavioral health clinician and mental health services available onsite to support people currently residing in the shelter until they are able to return home or secure temporary housing. If additional supports, are needed, shelter staff can reach out to Vaya Health at 1-800-849-6127.

    Connections App
    The North Carolina Department of Health and Human Services is using the Connections App to make evidence-based support for mental health and substance use recovery available to anyone in Western North Carolina. It is free and confidential. Enroll at signup.connectionsapp.com to receive services like 24/7 peer support, virtual meetings and access to an online community of people in recovery from substance use. Whether you’re in treatment, have a provider, or are seeking support for the first time, the Connections App can help support you. Watch a short video to learn more.

    Access to Medication
    For people who take regular medications for anxiety, depression, or any other mental health needs, it is important to maintain your regular medication schedule as much as possible. With some exceptions, the Emergency Prescription Assistance Program enables pharmacists to dispense a one-time emergency supply of up to 90 days of a prescribed medication when they are unable to reach the prescribing medical provider, and a one-time emergency refill of up to a 30-day supply.

    Visit www.ncbop.org/emergencyoperatingpharmacieshelene to locate a pharmacy that is open and operating in Western North Carolina.

    Medicaid Flexibilities
    Temporary flexibilities for people on NC Medicaid are in place to make it easier for people with intellectual and developmental disabilities and traumatic brain injury to continue to receive services and avoid care disruptions related to the hurricane. Detailed information on these flexibilities and all the services they cover can be found in the Oct. 4 press release, Additional Temporary Flexibilities in Place for Medicaid Beneficiaries Due to Hurricane Helene Devastation.

    NCDHHS will continue to work with local, state and federal partners to ensure the people and families in communities impacted by Hurricane Helene have access to both the physical and mental health services they need to recover from the storm.

    Whether people need help right away after the hurricane, or later on as recovery continues, it’s never too early or too late to ask for support. Please reach out as help is always available to those who need it.

    a sea directa o indirectamente, millones de personas en Carolina del Norte se han visto afectadas por el huracán Helene. Los desastres naturales son traumáticos para las personas, las familias y las comunidades, y no hay una forma correcta o incorrecta de sentirse. Después de un huracán, es aún más importante obtener apoyo de salud mental si cree que usted o un ser querido pueden necesitar ayuda, y mantenerse en contacto con familiares y amigos tan pronto como se restablezca su acceso a las comunicaciones.

    No está solo, siempre hay alguien a quien llamar y alguien que responda si necesita ayuda con su salud mental o conductual”, dijo el secretario de Salud y Servicios Humanos de Carolina del Norte, Kody H. Kinsley. “El huracán Helene trajo daños catastróficos que se sentirán de inmediato y durante semanas, meses y años. Estamos comprometidos a ayudar a aquellos que se ven afectados en este momento y a largo plazo “.  

    Los siguientes recursos siempre están disponibles si usted o un ser querido necesitan ayuda de inmediato:

    • La Línea Nacional de Ayuda para los Afectados por Catástrofes, 1-800-985-5990, es un recurso disponible las 24 horas, los 7 días de la semana, los 365 días del año, dedicado a brindar asesoramiento inmediato en caso de crisis a las personas afectadas por un desastre natural o una emergencia. La ayuda está disponible en inglés y español. Los sordos y personas con problemas de audición, o que usan el lenguaje de señas estadounidense (ASL, por sus siglas en inglés) pueden llamar o enviar mensajes de texto a través de su proveedor de retransmisión/relé preferido.
    • La ayuda también está disponible para cualquier persona, en cualquier momento en inglés o español a través de una llamada, mensaje de texto o chat al 988. Más información en Linea988.org/es. La persona que responde a su llamada es un consejero capacitado y puede brindarle apoyo inmediato.
    • La línea estatal de ayuda entre pares, Peer Warmline, 1-855-PEERS NC (855-733-7762), cuenta con especialistas en apoyo entre pares las 24 horas, los 7 días de la semana, que ofrecen apoyo y recursos no clínicos a las personas en crisis. Los pares son personas que viven en recuperación con enfermedad mental y/o trastorno por uso de sustancias que brindan apoyo a través de la perspectiva de sus propias experiencias vividas.
    • Para los miembros de equipos de rescate inmediato y los voluntarios, es importante cuidarse a sí mismo mientras cuida a los demás. Para el estrés, la fatiga emocional, una crisis de salud mental o simplemente alguien con quien hablar, llame a la Línea de Ayuda Hope4NC al 1-855-587-3463 para obtener asistencia gratuita y confidencial las 24 horas, los 7 días de la semana.
    • La Línea Directa de Desastres para Discapacitados (Disability Disaster Hotline), 800-626-4959, proporciona información, referencias y orientación a las personas con discapacidades y sus familias durante los desastres. Hay ayuda disponible en cualquier día a cualquier hora.
    • Las personas que no tienen seguro o tienen Medicaid también pueden llamar a la línea de crisis de la Entidad de Gestión Local/Organización de Atención Administrada en su región:
      • Partners: 1-833-353-2093 (sirve a la región del oeste)
      • Vaya Health: 1-800-849-6127 (sirve a la región del oeste)
      • Alliance: 1-877-223-4617
      • Trillium: 1-888-302-0738

    También hay recursos disponibles para las personas afectadas por el huracán Helene que están experimentando una crisis y necesitan un lugar seguro para recibir atención, así como para aquellas que tienen un diagnóstico de salud mental o un trastorno por uso de sustancias.

    Crisis de salud mental
    Los Centros Comunitarios de Crisis (crisis en instalaciones) están comenzando a reabrir. Los Centros Comunitarios de Crisis y Desintoxicación abren a partir del jueves, 10 de octubre de 2024:

    • El Centro Balsam (The Balsam Center), condado de Haywood – Abierto
    • Centro de Tratamiento Regional de Foothills (Foothills Regional Treatment Center) , condado de Caldwell – Abierto
    • Centro Neil Dobbins (Neil Dobbins Center) y el Centro de atención urgente de salud mental C3356 (C3356 BHUC), condado de Buncombe – Cerrado
    • Centro de Crisis Infantil Caiyalynn Burrell (Caiyalynn Burrell Child Crisis Center), condado de Buncombe – Cerrado
    • Centro de recuperación Synergy (Synergy Recovery), condado de Wilkes – Abierto

    Clínicas ambulatorias que no requieren cita previa 
    Las personas pueden ingresar a una clínica para recibir atención de salud mental o por uso de sustancias de la misma manera que las clínicas de atención de urgencia ayudan a las personas con necesidades inmediatas de salud física. Los centros de salud mental sin cita previa están abiertos en más de dos docenas de condados que pueden haber sido afectados por el huracán Helene. Puede ver una lista de clínicas ambulatorias en las que no necesita cita previa y que están abiertas aquí: Recursos de Recuperación del Huracán – Vaya Health.

    Servicios móviles de respuesta ante crisis
    Los equipos de servicios móviles de respuesta ante crisis están operando en toda la zona del desastre. Los equipos móviles de respuesta ante crisis pueden enviar médicos capacitados a un hogar, comunidad o refugio para responder a una necesidad urgente. Para ponerse en contacto con un equipo móvil de respuesta ante crisis, puede llamar a Vaya Health al 1-800-849-6127 y le responderán lo antes posible dependiendo de su ubicación.

    Para obtener la información más actualizada sobre los recursos de salud conductual en el área, comuníquese con la Línea de Crisis de Salud Conductual de Vaya Health al 1-800-849-6127.

    Tratamiento contra opioides disponible
    Todos los programas de tratamiento contra opioides en la región afectada por la tormenta están actualmente abiertos. Si necesita encontrar un programa, hay un mapa en tiempo real con ubicación, información de contacto y horarios disponibles en thecentralregistry.com/map. Los programas están trabajando con refugios de emergencia, y todos los refugios tienen medicamentos de rescate para sobredosis disponibles para brindar asistencia de emergencia a los residentes del refugio si es necesario.

    Apoyos de salud conductual para refugios
    La mayoría de los refugios de emergencia también tienen un médico de salud conductual y servicios de salud mental disponibles en el lugar para apoyar a las personas que actualmente residen en el refugio hasta que puedan regresar a casa u obtener una vivienda temporal. Si se necesita apoyos adicionales, el personal del refugio puede comunicarse con Vaya Health al 1-800-849-6127.

    Aplicación Connections
    El Departamento de Salud y Servicios Humanos de Carolina del Norte está utilizando la aplicación Connections para poner a disposición de cualquier persona en el oeste de Carolina del Norte el apoyo basado en la evidencia para la recuperación de la salud mental y el uso de sustancias. Es gratuito y confidencial. Inscríbase en signup.connectionsapp.com para recibir servicios como apoyo entre pares las 24 horas, los 7 días de la semana, reuniones virtuales y acceso a una comunidad en línea de personas en recuperación del uso de sustancias. Ya sea que esté en tratamiento, tenga un proveedor o esté buscando ayuda por primera vez, la aplicación Connections puede ayudarlo. Mire un vídeo corto para obtener más información. 

    Acceso a medicamentos
    Para las personas que toman medicamentos regulares para la ansiedad, la depresión o cualquier otra necesidad de salud mental, es importante mantener su horario regular de medicamentos tanto como sea posible. Con algunas excepciones, el Programa de Asistencia de Recetas de Emergencia permite a los farmacéuticos dispensar un suministro de emergencia único de hasta 90 días de un medicamento recetado cuando no pueden comunicarse con el proveedor médico que lo prescribe, y una recarga de emergencia única de un suministro de hasta 30 días. Visite http://www.ncbop.org/emergencyoperatingpharmacieshelene para localizar una farmacia abierta y en funcionamiento en el oeste de Carolina del Norte.

    Flexibilidades de Medicaid
    Existen flexibilidades temporales para las personas con Medicaid de Carolina del Norte para facilitar que las personas con discapacidades intelectuales y del desarrollo y lesiones cerebrales traumáticas continúen recibiendo servicios y eviten interrupciones en la atención relacionadas con el huracán. La información detallada sobre estas flexibilidades y todos los servicios que cubren se puede encontrar en el comunicado de prensa del 4 de octubre, Flexibilidades temporales adicionales para los beneficiarios de Medicaid debido a la devastación del huracán Helene.

    El Departamento de Salud Y servicios Humanos de Carolina del Norte continuará trabajando con socios locales, estatales y federales para garantizar que las personas y familias en las comunidades afectadas por el huracán Helene tengan acceso a los servicios de salud física y mental que necesitan para recuperarse de la tormenta.

    Ya sea que las personas necesiten ayuda inmediatamente después del huracán o más tarde a medida que continúa la recuperación, nunca es demasiado pronto o demasiado tarde para pedir ayuda. Póngase en contacto con nosotros, ya que siempre hay ayuda disponible para quienes la necesiten.

    Oct 10, 2024

    MIL OSI USA News

  • MIL-OSI USA: NCDHHS Urges Well and Septic Safety Following Hurricane Helene

    Source: US State of North Carolina

    Headline: NCDHHS Urges Well and Septic Safety Following Hurricane Helene

    NCDHHS Urges Well and Septic Safety Following Hurricane Helene
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    The North Carolina Department of Health and Human Services is urging western North Carolinians who rely on a private well for their drinking water and were impacted by Hurricane Helene to continue to use bottled, boiled or treated water until private wells can be disinfected and tested for dangerous bacteria. Safety measures and precautions are also needed for septic systems that have been impacted by the storm before returning to use.

    More than 300,000 people in or near flood-impacted areas in western North Carolina are estimated to rely on private wells, and the number on septic systems is estimated to be slightly higher. People in flood and storm-impacted areas should have their private wells and septic systems inspected and repaired if damaged. Wells should be disinfected and tested after repairs to ensure water safety, while septic systems should be inspected to confirm they are functioning properly. These steps are essential to help keep individuals and their families safe following the storm.

    North Carolinians who lost access to water or septic through a private well or damaged septic system as a result of Hurricane Helene may be eligible for FEMA assistance. Visit disasterassistance.gov or call 800-621-3362 to apply for FEMA disaster assistance and learn about other resources available to help you and your family recover from the storm.

    Safety Measures for Private Wells
    Excessive rain and flooding can cause water in private wells to become contaminated, meaning the water can make people sick if it is consumed. People with medical conditions can be particularly susceptible to severe illness or even death related to dangerous bacteria from contaminated wells.

    After a flood, your private well must be assessed for damage, disinfected and tested. It is critical that people do not drink or use water from a private well that has been damaged or flooded until it has been properly disinfected and tested after the storm. Potentially contaminated water should not be used for drinking, washing and preparing food, making ice, preparing baby formula, washing dishes, brushing teeth or washing hands. Use an alternative water source until testing confirms contamination is no longer detected in your water. Alternative sources include bottled water, a source you know isn’t contaminated or boiling your water for at least one minute before use.

    Follow these steps to assess your well:

    • Wait to turn on electricity. Do not turn on the electricity to your pump until flood waters recede.
    • Check your well for damage. If your well is damaged, contact a licensed well driller for assistance. You can search for well contractors in your county at Find Certified Well Contractors.
    • Disinfect your well. If you are able to determine your well is not damaged, and you already have the necessary disinfection materials on-hand, you can disinfect your well to prepare it to be tested. Use the NCDHHS instructions on How to Disinfect Your Well After a Flood for assistance.
      • If you do not have disinfectant supplies or have questions about disinfecting your well, contact your local health department for assistance.
    • Test your well. Because you cannot see, taste or smell bacterial contamination in your well, it is imperative to have the water tested after disinfection to determine whether it is safe for use. 
      • The North Carolina State Laboratory of Public Health provides free testing available through local health departments. 
      • If you live near animal feeding operations, agricultural fields where pesticides are applied or industrial chemical factories, you should talk with your local health department about additional testing, especially if you smell fuel or chemicals in your water.
    • Interpret your results. Your local health department or testing lab will provide the water testing results back to the well owner as quickly as possible. If you need help interpreting your results, you can use the online Be Well Informed tool (select North Carolina) or contact the NCDHHS Occupational and Environmental Epidemiology Branch at 919-707-5900 or oeeb@dhhs.nc.gov.

    In response to Hurricane Helene, the NC State Laboratory of Public Health and NCDHHS Environmental Health Section are working to provide both disinfection and sampling kits at Point of Distribution locations across Western North Carolina. More details will be announced soon.

    Safety Measures for Septic Systems
    Your septic system can also pose a public health risk after a flood or storm because of sewage back up, dangerous gases or contaminated wastewater. It is important to keep your family, especially children and pets, away from areas affected by sewage or wastewater to reduce the risk of disease.

    If your property was affected by flooding or damage from Hurricane Helene, follow these steps to protect your septic system and your health:

    • If your property has been flooded, do not use the plumbing system while the septic tank is still under water.
    • Look for signs that your septic system may have been damaged, such as soil settling around the septic tank or drain field, septic system components that have moved or surfaced, or sewage backup into your home or wastewater on the ground.
    • Do not use your plumbing system if sewage water has backed up into your home and avoid contact with any sewage from a septic tank that is not operating.
    • Avoid putting floodwater or disinfectants into the system as these can cause further damage. Instead, contact your local health department if your system requires repairs.
    • Have your septic system inspected by a certified wastewater system inspector after a flood or if you suspect storm-related damage. You can call the NC Onsite Wastewater Contractors and Inspectors Certification Board at 336-202-3126 to find a certified inspector near you.
    • Before restoring power to the system, ensure your electrical and system components are working properly. Check the electrical system for any damage, clean the effluent filter or screen, and determine whether your septic tank needs to be pumped by a licensed professional before coming back online.
    • For assistance or additional information on repairing or constructing a septic tank system, contact your county health department.

    If your flood or storm-impacted septic system has caused sewage to back up into your home, take precautions while cleaning the area to avoid exposure or direct contact with the debris. Wear rubber gloves, boots, and eye protection while cleaning and disinfecting the area. See the NCDHHS after the flood flyer for additional information about safety measures to help keep yourself and your family safe when cleaning up after a flood. More Hurricane Helene resources are available at ncdhhs.gov/helene. 

    El Departamento de Salud y Servicios Humanos de Carolina del Norte recomienda a los habitantes del oeste de Carolina del Norte que dependen de un pozo privado para su agua potable y se vieron afectados por el huracán Helene a que continúen utilizando agua embotellada, hervida o tratada hasta que los pozos privados puedan desinfectarse y analizarse para detectar bacterias peligrosas. También se necesitan medidas de seguridad y precauciones para los sistemas sépticos afectados por la tormenta antes de volver a usarlos.

    Se estima que más de 300,000 personas en o cerca de las áreas afectadas por las inundaciones en el oeste de Carolina del Norte dependen de pozos privados, y se estima que el número de sistemas sépticos es un poco más alto. Las personas en áreas afectadas porinundaciones y tormentas deben inspeccionar sus pozos privados y sistemas sépticos y repararlos si están dañados. Los pozos deben desinfectarse y analizarse después de las reparaciones para garantizar la seguridad del agua, mientras que los sistemas sépticos deben inspeccionarse para confirmar que funcionan correctamente. Estos pasos son esenciales para ayudar a mantener a las personas y sus familias seguras después de la tormenta.

    Los habitantes de Carolina del Norte que perdieron el acceso al agua o al séptico a través de un pozo privado o un sistema séptico dañado debido al huracán Helene pueden ser elegibles para recibir asistencia de FEMA. Visite disasterassistance.gov o llame al 800-621-3362 para solicitar asistencia por desastre de FEMA y obtener información sobre otros recursos disponibles para ayudarlo a usted y a su familia a recuperarse debido a la tormenta.

    Medidas de seguridad para pozos privados
    El exceso de lluvia y las inundaciones pueden contaminar el agua de los pozos privados, lo que significa que el agua puede enfermar a las personas si se consume. Las personas con afecciones médicas pueden ser particularmente susceptibles a enfermedades graves o incluso a la muerte relacionadas con bacterias peligrosas de pozos contaminados.

    Después de una inundación, su pozo privado debe ser revisado por daños, desinfectado y analizado. Es sumamente importante que las personas no beban ni usen agua de un pozo privado que haya sido dañado o inundado hasta que haya sido desinfectado y analizadoadecuadamente después de la tormenta. Agua posiblemente contaminada no debe usarse para beber, lavar y preparar alimentos, hacer hielo, preparar fórmula para bebés, lavar platos, cepillarse los dientes o lavarse las manos. Utilice una fuente de agua alternativa hasta que los análisis confirmen que ya no se detecta contaminación en su agua. Las fuentes alternativas incluyen agua embotellada, una fuente que sabe que no está contaminada o hervir el agua durante al menos un minuto antes de su uso.

    Siga estos pasos para evaluar su pozo:

    • Espere para encender la electricidad. No encienda la electricidad de su bomba hasta que las aguas de la inundación retrocedan.
    • Revise su pozo en busca de daños. Si su pozo está dañado, comuníquese con un taladrador de pozos con licencia para obtener ayuda. Puede buscar contratistas de pozos en su condado en Encontrar contratistas de pozos certificados.
    • Desinfecte su pozo. Si puede determinar que su pozo no está dañado y ya tiene los materiales de desinfección necesarios a mano, puede desinfectar su pozo para prepararlo para el análisis. Use las instrucciones del NCDHHS sobre Cómo desinfectar su pozo después de una inundación para obtener ayuda.
      • Si no tiene suministros desinfectantes o tiene preguntas sobre la desinfección de su pozo, comuníquese con su departamento de salud local para obtener ayuda.
    • Realice un análisis de su pozo. Debido a que no puede ver, saborear u oler la contaminación bacteriana en su pozo, es importantísimo analizar el agua después de la desinfección para determinar si es segura para su uso.
      • El Laboratorio Estatal de Salud Pública de Carolina del Norte ofrece pruebas gratuitas disponibles a través de los departamentos de salud locales.
      • Si vive cerca de operaciones de alimentación de animales, campos agrícolas donde se aplican pesticidas o fábricas de productos químicos industriales, debe hablar con su departamento de salud local sobre pruebas adicionales, especialmente si huele a combustible o productos químicos en el agua.
    • Interprete sus resultados. Su departamento de salud local o laboratorio de pruebas proporcionará los resultados de las pruebas de agua al propietario del pozo lo más rápido posible. Si necesita ayuda para interpretar sus resultados, puede usar la herramienta en línea Be Well Informed (seleccione Carolina del Norte) o comuníquese con la Sección de Epidemiología Ocupacional y Ambiental de NCDHHS al 919-707-5900 ooeeb@dhhs.nc.gov.

    En respuesta al huracán Helene, el Laboratorio Estatal de Salud Pública de Carolina del Norte y la Sección de Salud Ambiental de NCDHHS están trabajando para proporcionar kits de desinfección y muestreo en los puntos de distribución en todo el oeste de Carolina del Norte. Más detalles se anunciarán pronto.

    Medidas de seguridad para sistemas sépticos
    Su sistema séptico también puede representar un riesgo para la salud pública después de una inundación o tormenta debido a la acumulación de aguas residuales, gases peligrosos o aguas residuales contaminadas. Es importante mantener a su familia, especialmente a los niños y las mascotas, alejados de las áreas afectadas por las aguas residuales para reducir el riesgo de enfermedades.
    Si su propiedad estuvo afectada por inundaciones o daños causados por el huracán Helene,siga estos pasos para proteger su sistema séptico y su salud:

    • Si su propiedad se ha inundado, no use el sistema de plomería mientras el tanque séptico todavía esté bajo el agua.
    • Busque señas de que su sistema séptico puede haberse dañado, como la tierra del suelo alrededor de la fosa séptica o del área de drenaje, componentes del sistema séptico que se han desplazado o han salido a la superficie, o la entrada de aguas residuales o del alcantarillado en su casa o en el suelo.
    • No use su sistema de plomería si las aguas residuales se han acumulado en su hogar y evite el contacto con las aguas residuales de un tanque séptico que no esté funcionando.
    • Evite poner agua de inundación o desinfectantes en el sistema, ya que pueden causar más daños. Mas bien, comuníquese con su departamento de salud local si su sistema requiere reparaciones.
    • Realice una inspección por un inspector certificado en sistema de aguas residuales después de una inundación o si sospecha daños relacionados con la tormenta. Puede llamar a la Junta de Certificación de Contratistas e Inspectores de Aguas Residuales en Sitio de NC al 336-202-3126 para encontrar un inspector certificado cerca de usted.
    • Antes de restaurar la energía al sistema, asegúrese de que los componentes eléctricos y del sistema funcionen correctamente. Revise el sistema eléctrico en busca de daños, limpie el filtro o pantalla de efluentes y determine si su tanque séptico debe ser bombeado por un profesional autorizado antes de volver a conectarse.
    • Para obtener ayuda o información adicional sobre la reparación o construcción de un sistema de tanque séptico, comuníquese con el departamento de salud de su condado.

    Si su sistema séptico afectado por inundaciones o tormentas ha causado que las aguas residuales entren en su hogar, tome precauciones mientras limpia el área para evitar la exposición o el contacto directo con los desechos. Use guantes de goma, botas y protección para los ojos mientras limpia y desinfecta el área. Consulte el volante después de la inundaciónde NCDHHS para obtener información adicional sobre las medidas de seguridad para mantenerse a si mismo y a su familia a salvo cuando limpie después de una inundación. Más recursos sobre el huracán Helene están disponibles en ncdhhs.gov/helene.

    Oct 10, 2024

    MIL OSI USA News

  • MIL-OSI Video: Gaza: “widespread suffering persists, humanitarian situation worsens” – OCHA briefing | UN

    Source: United Nations (Video News)

    Security Council briefing by Lisa Doughten, Director, Financing and Partnerships Division, United Nations Office for the Coordination of Humanitarian Affairs (OCHA), on the humanitarian situation in the Occupied Palestinian Territory, in both Gaza and the West Bank.

    The past year has brought unimaginable suffering. It has been one year since the horrendous attack by Hamas and other armed groups in Israel. And rockets continue to be fired indiscriminately into Israel.
    Few times in recent history have we witnessed suffering and destruction of the size, scale, and scope that we see in Gaza. In the past year, this Council has been briefed repeatedly on the horror unfolding in Gaza, at least monthly on average.
    Once again, we find ourselves at a critical juncture. Unfortunately, much of what I am about to say mirrors what we reported a month ago. Widespread suffering persists while the humanitarian situation worsens.

    Nearly every one of the more than 2 million people in Gaza receives some form of aid or service provision from UNRWA, along with nearly one million Palestine refugees in the West Bank. If approved, such legislation would be diametrically opposed to the UN Charter and in violation of Israel’s obligations under international law.

    Evacuation orders are meant to protect civilians, but the exact opposite is happening. As we have said so many times, there is no safe place in Gaza.
    Three of the ten partially functional hospitals in the north have been ordered to evacuate all patients without providing alternatives for relocating them. We have not been able to get fuel to other hospitals in the north.
    There has been no electricity since October last year. Without electricity, or fuel for the generators, everything shuts down: medical facilities, water, sanitation, and other essential services.

    Humanitarian partners report that women and children are hard-hit by the trauma of this war.
    Each day, according to UNRWA,10 children are losing one or both of their legs. Gaza is home to the largest cohort of child amputees in modern history. Women are three times more likely to miscarry, and three times more likely to die from childbirth.
    And, yet humanitarians are not giving up.

    Urgent diplomatic efforts are needed to de-escalate the situation in the Occupied Palestinian Territory and to prevent a wider regional descent into bloodshed.
    Member States must take steps to achieve an immediate ceasefire in Gaza and a path towards sustainable peace.
    These atrocities must end.

    https://www.youtube.com/watch?v=T0RLrTbCVHU

    MIL OSI Video

  • MIL-OSI Asia-Pac: Union Home Minister and Minister of Cooperation, Shri Amit Shah addresses 119th Annual Session of PHD Chamber of Commerce and Industry in New Delhi as the Chief Guest

    Source: Government of India (2)

    Union Home Minister and Minister of Cooperation, Shri Amit Shah addresses 119th Annual Session of PHD Chamber of Commerce and Industry in New Delhi as the Chief Guest

    Shri Narendra Modi, first as Chief Minister and then as Prime Minister of the country for the third consecutive term, has been winning the trust of people in a democratic way for the last 23 years

    PM Modi is a rare combination of vision, experience and commitment

    PHD Chamber of Commerce and Industry is an important link between industry and the government

    PHD Chamber should implement policies, plans and vision of the government and communicate the pressing issues of industry to the government

    In the last 10 years, Prime Minister Modi has laid the foundation of making India rank one in every field in the World

    PM Modi took the country out of ‘policy paralysis’ and established the politics of performance

    Indian economy, which earlier figured among the ‘Fragile Five’, has emerged as a ‘bright spot’ in the World, under the leadership of PM Modi  

    The public banking system, which was in shambles before 2014, has earned a profit of ₹1.40 lakh crore in FY 2023-24, under the leadership of Prime Minister Modi  

    By abolishing more than 2000 colonial laws and more than 39,000 compliances, Modi government made the lives of people easier

    PM Modi has established a research foundation at a cost of ₹50 thousand crores, which will take India to the top in the field of research in the world in the next 25 years

    Union Home Minister Shri Amit Shah pays tribute to the renowned industrialist Ratan Tata on his demise

    Ratan Tata ji was a respected figure not only in Indian industrial sector but globally as well, he has left behind a legacy which will continue to guide leaders in the industrial sector for a long time

    Ratan Tata ji worked to build a good society by solving all the problems of the country through his trust

    Posted On: 10 OCT 2024 7:04PM by PIB Delhi

    Union Home Minister and Minister of Cooperation, Shri Amit Shah today addressed the 119th Annual Session of PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi as the Chief Guest. The theme of this year’s annual session was Viksit Bharat @ 2047: Marching Towards the Peak of Progress’. Around 1500 business persons, Chartered Accountants, bankers, advocates etc. from the industry participated in the event.

    Union Home Minister Shri Amit Shah began his address with tributes to the renowned industrialist Shri Ratan Tata, who passed away last night in Mumbai. Shri Amit Shah said that Shri Ratan Tata has been a respected figure not only in the Indian industrial sector but globally as well. He took charge of the Tata Group at a time when the group needed several changes, and Ratan Tata patiently transformed all the businesses of his group and working practices. Shri Shah said that even today, the Tata Group stands as a pole star in India’s industrial landscape. He added that Ratan Tata led his industrial group to a prominent position in the country and globally while adhering to integrity and following all the rules and regulations. Shri Shah also said that through his Trust, Ratan Tata made efforts to address the country’s various problems and contribute to building a better society. He said that Shri Ratan Tata’s legacy will continue to guide industry leaders for a long time.

    Union Home Minister said that this year is going to be a decisive one for Indian industry, and it is at such a time that the 119th annual convention of PHD Chamber of Commerce and Industry (PHDCCI) is being organized. He said that today, there seems to be a crisis of trust in countries worldwide. He said that Shri Narendra Modi, first as the Chief Minister and then as the Prime Minister of the country, has continuously been winning the trust of the people democratically for the past 23 years. Shri Shah said that without stability, policies cannot be implemented effectively and security and development cannot be ensured. He added that stability brings continuity in policies, ideas, and development. Shri Shah further said that PM Modi has get this vast country rid of many problems over the past 10 years and he is now leading the nation for the third consecutive time.

    Shri Amit Shah said that today’s theme Viksit Bharat @ 2047: Marching Towards the Peak of Progress’ is very appropriate. He said that Prime Minister Modi has set two major goals before us: India will become a fully developed nation when the country celebrates the centenary of its independence in 2047 and by 2027, India will become the world’s third-largest economy. He said that to achieve these two goals, PM Modi has been working tirelessly for the past 10 years through various policies and programs. Shri Shah emphasized that PM Modi has implemented visionary policies aimed at developing infrastructure in the country, making India a global manufacturing hub, creating an investment-friendly ecosystem, building a skilled work-force, promoting research and development, pioneering India in emerging technologies like advanced computing, and initiating new ventures in fields like deep-sea exploration, the maritime economy, and space. He added that Prime Minister Modi has not only formulated these policies but also made continuous efforts to ensure their implementation.

    Union Home Minister said that PHD Chamber of Commerce and Industry is a bridge between the industry and the Government. He said that in the coming times, PHD Chamber has to implement the policies, plans and vision of the government and convey the problems of the industry to the government. He added that we have achieved a lot in the last 10 years. Infrastructure like the world’s longest highway tunnel, the world’s highest railway bridge, Mumbai’s world-famous Trans-Harbour Link and Kolkata’s underwater metro have been built in the last 10 years. Shri Shah said that in Andaman-Nicobar Islands and Lakshadweep, work has been done to utilize business opportunities and strengthen these islands from a security point of view by bringing connectivity to remote areas through underwater optical fibre.

    Shri Amit Shah said that every Indian took great pride when Indian flag was hoisted at the Shiva Shakti Point on the Moon. Connecting the underdeveloped regions of the country through the SagarMala project, weaving a network of Vande Bharat Express trains to open a new avenue for comfortable travel in the country, advancing in semiconductor manufacturing to meet not only ours but also needs of the entire world, bringing a new revolution in electric vehicles, and increasing FDI to record levels, making India the fourth-largest holder of foreign exchange reserves in the world, are significant achievements for us.

    Union Home Minister said that we are the fastest-growing start-up economy in the world. We have successfully launched the world’s largest digital payment system, which many countries are now adopting. He said that along with this, Prime Minister Modi has introduced the world’s largest grain storage plan based in cooperatives. Shri Shah said that from food security to health security, we have covered all dimensions, and in the past 10 years under PM Modi’s leadership, the foundation has been laid for India to be at the forefront in every field over the next 25 years. He said that when vision, experience, and commitment come together in one individual, and that individual is the Prime Minister, the country benefits immensely, and Shri Narendra Modi is an excellent example of this.

    Shri Amit Shah said that India is a democracy where people decide who should lead the government. He said that without a comparative study, we cannot make a proper evaluation of the work done. He emphasized the need to look at the comparative situation of the country in 2014 and 2024. He stated that before 2014, everyone used to say that our country was suffering from policy paralysis and no policies were being made, but PM Modi ended this policy paralysis, created numerous policies and brought in politics of performance. Shri Shah added that today, there is no sector where a permanent policy hasn’t been formulated. Earlier, India was amongst the “Fragile Five,” but today, the International Monetary Fund (IMF) calls us a “bright spot” in the global economy.

    Union Home Minister and Minister of Cooperation highlighted that under infrastructure development, projects like the Zoji La tunnel, Chenab rail bridge, and the bridge in Assam are there for everyone to see. He said that earlier, India used to have double-digit inflation, but today we are confidently moving toward double-digit growth. He said that for many years, India’s growth rate has been the highest among G20 countries. Shri Shah said that global investors had lost confidence in India, but today India has become a preferred destination for manufacturing. Shri Shah said that in 2021-22, we attracted a record Foreign Direct Investment (FDI) of $85 billion. He said that today we are leading in many sectors like digital payments. Before 2014, scams worth ₹12 lakh crore had taken place, but in the 10 years of the Modi government, even our opponents cannot accuse us of corruption.

    Shri Amit Shah said that during previous government, terrorism, bomb blasts, and Naxalism had become severe issues for the country, but today we can confidently say that whether it’s Kashmir, Left-Wing Extremism affected areas, or the Northeast, we have successfully eliminated terrorism and extremism. He mentioned that in the Ease of Doing Business rankings, India was previously placed at the 142nd position, but today we have risen to the 63rd position. He also highlighted that the entire banking system was in a fragile state, but in 2023-24, government banks earned a profit of ₹1.40 lakh crore. New policies have been introduced in every sector, helping the country move forward.

    Union Home Minister said that if the country wants to progress, it must have a new education policy, and Prime Minister Shri Narendra Modi brought a New Education Policy that has globalized education while incorporating our heritage. He said that initiatives like GST, Digital India, Bharatmala, SagarMala, PM Gati Shakti, and Startup India have propelled the country forward in all directions.

    Shri Amit Shah said that under the leadership of Prime Minister Shri Narendra Modi and the principle of “Minimum Government, Maximum Governance”, 2,000 outdated colonial laws have been abolished, and over 39,000 compliances across various sectors have been eliminated. He highlighted that in the past 10 years, 80 crore people have been receiving 5 kg of free grain per person, houses provided to 4 crore poor, 15 crore households have received piped water, more than 11 crore people have been given free gas connections, and over 12 crore toilets have been built under the leadership of Prime Minister Shri Narendra Modi. Shri Shah said that Prime Minister Modi has alleviated the concerns of millions and transformed India into a market of 130 crore people. He said that when 60 crore people are excluded from the country’s development process, the country can never progress. Today, with 130 crore people engaged in the nation’s development process, our growth rate has surged upward.

    Union Home Minister and Minister of Cooperation said that the Modi government has made significant efforts in the field of research. He said that for the first time, a research foundation has been established with a budget of ₹50,000 crore. He expressed confidence that in the next 25 years, India will be at the forefront of global research. Shri Shah mentioned that Prime Minister Modi has worked extensively across various sectors. In terms of internet users, India ranks second in the world, while it ranks first in global Fintech adoption and smartphone data consumption. He further highlighted that today half of the world’s daily digital transactions take place in India.

    Shri Amit Shah said that Indian industries must now work towards changing both their size and scale. He emphasized the need for companies to go global and that to establish India’s dominance worldwide, our chambers and industries need to make decisive moves.

    *****

    RK/ASH/PR/PS

    (Release ID: 2063932) Visitor Counter : 115

    Read this release in: Hindi

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Government releases plan for affordable electricity

    Source: New Zealand Government

    The Government Policy Statement (GPS) on electricity clearly sets out the Government’s role in delivering affordable and secure electricity at internationally competitive prices, Energy Minister Simeon Brown says.

    “New Zealand’s economic growth and prosperity relies on Kiwi households and businesses having access to affordable and secure electricity at internationally competitive prices. This is one of the Government’s top priorities,” Mr Brown says.

    “The GPS outlines our expectation that the Electricity Authority will drive a more competitive, fuel agnostic, electricity sector that works in the long-term interests of consumers and avoid excessive prices. 

    “We know that in the coming years New Zealand will see greater electrification of transport and process heat. This will shift demand from imported fuels towards domestically produced electricity, and see more distributed electricity generation brought online to bolster regional resilience.

    “The Government has a goal of doubling renewable electricity generation to meet this increase in demand, and has committed to policy decisions that would enable more private investment in generation.

    The GPS provides certainty about the Government’s role in the sector. This certainty will help create a stable investment environment for renewable energy to drive affordability through security of supply.

    “Previous government interventions pushed prices up and had a chilling effect on investment. The GPS confirms the role for Government is to ensure the market settings are right, to enable the private sector to invest and consumers to take advantage of innovations,” Mr Brown says.

    The Electricity Authority will now have regard to the GPS as they work to ensure the market setting are right to unleash private sector investment and to enable consumers to take advantage of innovations in energy supply.

    MIL OSI New Zealand News

  • MIL-OSI: LLR Partners Completes Strategic Growth Investment in TurboTenant

    Source: GlobeNewswire (MIL-OSI)

    FORT COLLINS, Colo., Oct. 10, 2024 (GLOBE NEWSWIRE) — LLR Partners today announced a strategic growth investment in TurboTenant, a leading property management solution for landlords. The capital will be used to help support the growth of the business organically and through acquisitions as it continues to redefine the landlord experience by simplifying the entire lifecycle of property management under one solution.

    More than 700,000 independent landlords across the U.S. use TurboTenant’s all-in-one online property management platform for critical processes including finding and screening tenants, rent payments, and lease agreements. The company’s freemium model allows TurboTenant to onboard hundreds of landlords per day and scale up with them through additional subscription services.

    “TurboTenant is a well-known brand with highly satisfied customers in a fast-growing, yet still largely underserved, software market,” said Cheng Li, Principal at LLR Partners. “Independent landlords are one of the last real estate markets with significant opportunity for technology adoption and optimization. We believe TurboTenant’s brand strength, leadership team, and business model have positioned the company well to continue its path to market leadership.”

    Several dynamics are affecting the real estate sector, including high interest rates, low housing affordability, low inventory, and stabilizing rent prices. These are driving many Americans to continue to rent rather than buy their first home, while others choose to rent out their former homes after moving. TurboTenant sees that many of its users shift from manual methods, like pen and paper, to its software for a more streamlined property management process.

    “It was clear to us that LLR understands the space and has developed a clear thesis that can help TurboTenant capture this market,” said Seamus Nally, CEO of TurboTenant. “We are excited to partner with the LLR team to leverage their industry knowledge and value creation capabilities to expand our platform to help meet the many needs of the 14.1 million individual landlords¹ in the U.S. as they accomplish their goals through thriving real estate businesses.”

    TurboTenant’s previous investors remain minority shareholders in the business. This is LLR’s fourth investment in real estate technology, having invested in Appspace, Mortgage Coach, and Stealth Monitoring.

    About TurboTenant
    More than 700,000 independent landlords across the U.S. enjoy TurboTenant’s all-in-one online property management solutions, including rental applications, tenant screening, rent payments, and lease agreements. Please contact press@turbotenant.com or visit turbotenant.com for more information.

    About LLR Partners
    LLR Partners is a private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to identify and execute on key growth initiatives and help create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalizations and buyouts. Learn more at https://www.llrpartners.com/.

    Footnotes:

    1. Census Bureau, “Rental Housing Finance Survey,” 2018; Pew Research Center analysis

    Contacts:

    Emily Oakes

    LLR Partners 484-467-8517

    eoakes@llrpartners.com

    Harrison Stevens
    TurboTenant
    press@turbotenant.com

    The MIL Network

  • MIL-OSI: Maris-Tech is Expanding its Operations in the U.S.

    Source: GlobeNewswire (MIL-OSI)

    Leading Video and AI-based Edge Computing Company Establishes U.S. Subsidiary to Accelerate Growth in the U.S. Defense and Homeland Security Sectors

    Rehovot, Israel, Oct. 10, 2024 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (AI)-based edge computing technology, today announced a major expansion into the U.S. market with the establishment of its new subsidiary, Maris North America Inc. (“Maris North America”).

    The move marks a significant milestone in Maris-Tech’s ongoing global growth and reaffirms the Company’s commitment to delivering cutting-edge solutions for the defense and homeland security (HLS) sectors – both undergoing major growth in the U.S. The HLS market is predicted to be worth US$264.98 billion by 2034 at a CAGR of 6.01% from 2024 to 2034, and the defense market is forecasted to grow by US$169.43 billion at a CAGR of 4.91% between 2023 and 2028.

    Maris North America will serve as the strategic hub for Maris-Tech’s operations across the U.S., further enhancing its ability to deliver localized support and forge new business relationships in North America.

    In line with this expansion, we have entered into consulting agreements with two highly experienced business development, marketing and sales professionals, who we believe will be instrumental in driving growth and capturing new opportunities in the U.S. market. These new consultants bring extensive expertise in the defense and HLS industries, and their contributions will be essential as Maris-Tech continues to build its U.S. customer base.

    “Our decision to establish Maris North America is a significant step in our global expansion strategy,” said Israel Bar, CEO of Maris-Tech. “With the engagement of two industry-leading consultants, we are confident that we can establish a strong foothold in the U.S. defense and homeland security markets. We expect our U.S. presence to boost our sales efforts and enable us to deliver more tailored, localized support to our growing customer base across North America.”

    With its innovative AI-driven video solutions, Maris-Tech continues to deliver high-performance edge computing technology that enhances situational awareness and operational efficiency for customers worldwide.

    About Maris-Tech Ltd.

    Maris-Tech is a global leader in video and AI-based edge computing technology, pioneering intelligent video transmission solutions that conquer complex encoding-decoding challenges. Our miniature, lightweight, and low-power products deliver high-performance capabilities including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics. Founded by Israel technology sector veterans, Maris-Tech serves leading manufacturers worldwide in defense, aerospace, Intelligence gathering, homeland security (HLS) and communication industries worldwide. We’re pushing the boundaries of video transmission and edge computing, driving innovation in mission-critical applications across commercial and defense sectors.

    For more information, visit https://www.maris-tech.com/

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect”,” “may”, “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we are discussing Maris-Tech’s ongoing global growth and specifically growth and new future opportunities in the U.S. market, growth estimations of the HLS and the defense market, that Maris North America will increase sales efforts and further enhance the Company’s ability to deliver localized support and forge new business relationships in North America, that the two new consultants will be instrumental in driving growth and capturing new opportunities in the U.S. market, and that the U.S. presence will be critical as Maris-Tech continues to build its U.S. customer base. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services, including in the United States; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the SEC on March 21, 2024, and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations:

    Nir Bussy, Chief Financial Officer
    Tel: +972-72-2424022
    Nir@maris-tech.com

    The MIL Network

  • MIL-OSI: Monarch Private Capital Finances Historic Rehabilitation of New York and New Jersey Telephone Exchange Building

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Oct. 10, 2024 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to announce the tax equity closing for the historic rehabilitation tax credit (HTC) equity for the $59 million redevelopment of the New York and New Jersey Telephone Exchange Building. Located at 601-619 Throop Avenue, at the corner of MacDonough Street, in the Stuyvesant Heights neighborhood of Brooklyn, this historic landmark will be transformed into 40 luxury apartments with 1,250 sf of commercial space on the ground and basement levels.

    The project, led by Rivington Company LLC, will restore the Italian Renaissance Revival building, originally designed by Alexander MacKenzie of Eidlitz & MacKenzie in 1905. The redevelopment will preserve the building’s historical significance while offering modern amenities.

    This initiative not only revitalizes a historic landmark but also contributes to the ongoing revival of the Stuyvesant Heights neighborhood. The building’s past includes its role as a telecom hub, facilitating communication for Brooklynites at the turn of the 20th century. Its transformation into luxury apartments marks a new chapter, offering much-needed housing options while preserving its architectural heritage.

    “We are proud to partner with Rivington Company in this impactful project,” said Rick Chukas, Partner, Managing Director of Historic Tax Credits for Monarch Private Capital. “This project, our first rehab in Brooklyn, is a great example of how history can be preserved while meeting modern living needs.”

    “Rivington Company is proud to announce a successful partnership with Monarch to preserve and convert the historic landmark building located in the heart of Stuyvesant Heights into much-needed housing. This collaborative effort not only honors the rich architectural heritage of the neighborhood but also addresses the pressing demand for multifamily housing in this vibrant neighborhood,” said Travis Stabler, Managing Partner at Rivington Company. “Together, we are not only breathing new life into a historic building but also creating homes that will support the diverse needs of our community.”

    For more information on Monarch Private Capital and its impact investment funds, please email Rick Chukas at rchukas@monarchprivate.com.

    About Monarch Private Capital
    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT

    Jane Rafeedie

    Monarch Private Capital

    jrafeedie@monarchprivate.com

    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45f2de0b-4357-4c11-87c6-b1268185f78a

    The MIL Network

  • MIL-OSI: LM Funding America Inc. Expects Operations to be Unaffected by Hurricane Milton; Headquarters Operating Remotely to Support Community Association Lending Businesses

    Source: GlobeNewswire (MIL-OSI)

    Tampa, FL, Oct. 10, 2024 (GLOBE NEWSWIRE) — LM Funding America Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and a technology-based specialty finance company, today announced that it expects its Bitcoin mining operations to remain unaffected by Hurricane Milton, thanks to the geographic distribution of its miners. The Company fully anticipates its Bitcoin mining operations will continue without any interruptions or damage.

    Bruce Rodgers, Chairman and CEO of LM Funding, commented, “We’re Tampa based but our miners are not, so we do not expect Hurricane Milton to impact our Bitcoin mining operations.”

    The Company’s Tampa corporate headquarters has transitioned to remote operations to ensure the safety of its employees while maintaining its commitment to serving LM Funding’s community association customers. “We will remain fully operational and continue to accept loan applications from community associations through this challenging time,” Rodgers added.

    LM Funding also expressed its solidarity with local communities likely to be affected by the hurricane, particularly those living in condominiums already feeling the strain of rising insurance costs and the need to fund reserves. The Company’s subsidiaries, LM Funding and Sunshine Lending, are prepared to offer tailored financial products to qualified condominium and homeowner associations that will need to recover following the aftermath of the storm.

    “Our thoughts and prayers are with everyone in the path of Hurricane Milton,” Rodgers said. “We are here to help, and our lending teams are ready to support our customers with the resources they need to rebuild. We are hoping for the best, are prepared for the worst, and focused on what’s next.”

    About LM Funding America, Inc.

    LM Funding America Inc. (Nasdaq: LMFA) is a cryptocurrency mining business that commenced Bitcoin mining operations in September 2022. The Company also operates a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida as well as in Washington, Colorado, and Illinois by funding a certain portion of the Associations’ rights to delinquent accounts arising from unpaid Association assessments.

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project,” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at http://www.sec.gov. These risks and uncertainties include, without limitation, the uncertainty created by entering into and operating in the cryptocurrency mining business, volatility in the cryptocurrency markets, the potential need for additional capital, changes in governmental regulations, and other risks. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    Contact:

    Crescendo Communications LLC
    Tel: (212) 671-1021
    Email: LMFA@crescendo-ir.com

    The MIL Network

  • MIL-OSI: Alliance Witan PLC – Appointment of Directors (AMENDED)

    Source: GlobeNewswire (MIL-OSI)

    Alliance Witan PLC (‘the Company’)
    Legal Entity Identifier: 213800SZZD4E2IOZ9W55

    AMENDMENT TO BIOGRAPHY OF SHAUNA BEVAN CONTAINED IN ORIGINAL ANNOUNCEMENT MADE 10 OCTOBER 2024 AT 12:00. ALL OTHER INFORMATION REMAINS UNCHANGED.

    Appointment of Directors

    Following the completion of the combination of Alliance Trust PLC and Witan Investment Trust PLC (‘Witan’), the Board of Alliance Witan PLC is pleased to announce that Andrew Ross, Rachel Beagles, Shauna Bevan and Jack Perry (all former directors of Witan) have been appointed as non-executive Directors of the Company effective today.

    Andrew Ross has been appointed as Deputy Chair of the Company and a member of the Management Engagement, and Nomination Committees of the Company.

    Rachel Beagles, Shauna Bevan and Jack Perry have all been appointed as members of the Audit and Risk, Management Engagement, and Nomination Committees of the Company.

    Andrew Ross was previously chief executive of Cazenove Capital Management which, in 2013, was acquired by Schroders, where he became global head of Wealth Management until 2019. Prior to this, Andrew was chief executive of HSBC Asset Management (Europe) Limited and managing director of James Capel Investment Management. Andrew has substantial experience in senior leadership roles as CEO and chairman of investment management and wealth management businesses. He has overseen three different multimanager businesses and under his tenure the businesses he led significantly grew and prospered. Andrew is a non-executive director of Polar Capital Holdings plc and of Cadogan Settled Estates.

    Rachel Beagles was previously a managing director and co-head of pan-European banks equity research and sales at Deutsche Bank. Since 2003 she has worked as a non-executive director in the investment company, asset management, charity and social housing sectors. She was chair of the Association of Investment Companies from 2018 to 2021. Rachel has extensive knowledge and understanding of the equity markets from her experience in research and sales and is an experienced non-executive director of investment trusts. She is currently a non-executive director of Mercantile Investment Trust plc.

    Shauna Bevan is Head of Investment Advisory at RiverPeak Wealth Limited where she is responsible for fund selection and portfolio construction. She was previously co-head of Collectives Research at Charles Stanley, having started her career in wealth management at Merrill Lynch. Shauna has over 25 years of investment experience across different asset classes and regions with particular expertise in manager research and meeting the needs of retail investors. Shauna is currently a non-executive director of CT Global Managed Portfolio Trust PLC.

    Jack Perry was previously chief executive of Scottish Enterprise and a former managing partner and Regional Industry Leader of Ernst & Young LLP. Jack has served on the boards of FTSE 250 and other public and private companies. He is currently chair of ICG-Longbow Senior Secured UK Property Debt Investments Limited and was previously chair of European Assets Trust PLC. He is a member of the Institute of Chartered Accountants of Scotland and has served as a member or chair on numerous audit and risk committees.

    There is no additional information to be disclosed pursuant to Listing Rule 6.4.8 and the Board considers all of the above noted directors to be independent on appointment in accordance with the AIC Code of Corporate Governance.
    A further announcement on directors’ shareholdings in the Company, as a result of the combination will be made shortly.

    For further information please contact:

    Juniper Partners Limited
    Company Secretary
    Telephone: 0131 378 0500

    10 October 2024

    The MIL Network

  • MIL-OSI Security: Justice Department Secures Over $6.5M from Citadel Federal Credit Union to Address Redlining of Black and Hispanic Communities

    Source: United States Attorneys General 8

    First Redlining Settlement Agreement Against Credit Union in Justice Department History

    The Justice Department announced today that Citadel Federal Credit Union (Citadel) has agreed to pay over $6.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black and Hispanic neighborhoods in and around Philadelphia. This landmark agreement is the Justice Department’s first redlining settlement with a credit union, making this a historic achievement for the Combating Redlining Initiative.

    Redlining is an illegal practice in which lenders avoid providing credit services to individuals living in communities of color because of the race, color or national origin of residents in those communities.

    “This redlining settlement marks the Justice Department’s very first resolution involving a credit union, making clear our intent to hold all types of lenders accountable for their role in modern-day redlining,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “There are well over 4,600 credit unions across America, all subject to federal laws that prohibit redlining and lending discrimination. Redlining and other forms of lending discrimination harm communities of color and families by denying them an equal opportunity to access credit, attain the dream of homeownership and build generational wealth. This settlement will expand investment in Black and Hispanic communities, particularly in Philadelphia, and increase opportunities for homeownership and financial stability. Residents of communities harmed by unlawful redlining will finally be able to access credit services from Citadel in their own neighborhoods, including at the new branches required by the settlement.”

    “For generations, Philadelphia’s communities of color have lacked equal access to the credit needed for homeownership. We know that redlining has a devastating impact on a family’s finances and future, and results in economic and other inequalities that plague our communities for decades,” said U.S. Attorney Jacqueline C. Romero for the Eastern District of Pennsylvania. “We also know the transformational change that can occur when credit is made available to underserved residents, and particularly when lenders, like Citadel, establish branch locations in these neighborhoods.”

    The Justice Department’s complaint, which was filed today in the Eastern District of Pennsylvania, alleges that, from at least 2017 through 2021, Citadel failed to provide mortgage lending services to majority-Black and Hispanic neighborhoods in and around Philadelphia and discouraged people seeking credit in those communities from obtaining home loans. Citadel’s home mortgage lending was focused disproportionately on white areas around Greater Philadelphia. Peer lenders generated mortgage applications in predominately Black and Hispanic neighborhoods at nearly three times the rate of Citadel and originated mortgage loans in these areas at more than three times the rate of Citadel.

    The complaint further alleges that Citadel’s branches are located almost exclusively in majority-White neighborhoods, with no branches in Philadelphia, which contains more than 75% of the majority-Black and Hispanic neighborhoods and 34% of the total population in Citadel’s market area.

    Under the proposed consent order, which is subject to court approval, Citadel has agreed to invest $6.52 million to increase credit opportunities for communities of color in and around Philadelphia. Specifically, Citadel will:

    • Invest at least $6 million in a loan subsidy fund to increase access to home mortgage, home improvement and home refinance loans for residents of majority-Black and Hispanic neighborhoods in Philadelphia;
    • Spend at least $250,000 on community partnerships to provide services related to credit, consumer financial education, homeownership and foreclosure prevention for residents of predominantly Black and Hispanic neighborhoods in Citadel’s market area;
    • Spend at least $270,000 for advertising, outreach, consumer financial education and credit counseling focused on predominantly Black and Hispanic neighborhoods in Philadelphia;
    • Open three new branches in predominantly Black and Hispanic neighborhoods in Philadelphia; and
    • Hire a community lending officer who will oversee the continued development of lending in communities of color.

    Citadel also agreed to retain independent consultants to enhance its fair lending program and better meet the communities’ needs for mortgage credit. The credit union will conduct a community credit needs assessment, evaluate its fair lending compliance management systems, and conduct staff trainings.

    With assets of approximately $6 billion, Citadel is headquartered in Pennsylvania and operates 24 branches in its market area of Greater Philadelphia, which includes Bucks, Chester, Delaware, Lancaster, Montgomery and Philadelphia Counties. Citadel is the second largest credit union in the region and has over 263,000 members. Citadel cooperated with the Justice Department’s investigation.

    In October 2021, Attorney General Merrick B. Garland and Assistant Attorney General Clarke launched the Justice Department’s Combating Redlining Initiative, a coordinated enforcement effort to address this persistent form of discrimination against communities of color. Since 2021, the department has announced 14 redlining resolutions and secured over $144 million in relief for communities of color that have been the victims of lending discrimination across the country. In March, Assistant Attorney General Clarke presented remarks to America’s Credit Unions’ Governmental Affairs Conference regarding the unique issues raised by redlining in the credit union industry.

    A copy of the complaint and information about the Justice Department’s fair lending enforcement work can be found at http://www.justice.gov/fairhousing. Individuals may report lending discrimination by calling the Justice Department’s housing discrimination tip line at 1-833-591-0291 or submitting a report online.

    MIL Security OSI

  • MIL-OSI Europe: Federal Councillor Beat Jans at ministerial meeting in Luxembourg

    Source: Switzerland – Federal Administration in English

    Bern, 10.10.2024 – On 10 October, Federal Councillor Beat Jans attended a meeting of justice and home affairs ministers of the (EU and) Schengen states in Luxembourg. The talks focused on better protection of the external border, internal border controls and the need for reform in relation to the EU’s return policy.

    These are priority issues for the Schengen states this year. The Hungarian Council presidency focused the ministerial meeting agenda on the protection of the external border, in particular the digitalisation of processes and systems, and the implementation of interoperability.

    Federal Councillor Beat Jans stressed that external border protection was only one element of a functioning Schengen area and that challenges such as secondary immigration, Dublin transfers and internal border controls must also be addressed. External borders should also be strengthened through better cooperation with third countries. In this regard, the head of the FDJP referred to Switzerland’s positive experience with migration partnerships, which served the interests of all parties involved and ensured that fundamental rights were guaranteed.

    Mr Jans welcomed the discussion on return policy initiated by the Council presidency. He emphasised that there was a need to reform legislation in the area of return policy and argued in favour of Schengen states having greater room for manoeuvre in returning dangerous individuals. He was open to the suggestion that voluntary return to Afghanistan and Syria and the associated expansion of operational support from Frontex should be discussed in European bodies.

    Bilateral meetings

    In Luxembourg, Mr Jans held his first talks with the new French Interior Minister, Bruno Retailleau. He spoke with the new Greek Migration and Asylum Minister, Nikos Panagiotopoulos, about cooperation on migration as part of Switzerland’s second contribution to selected EU states. Switzerland is providing support in Greece for projects to strengthen migration management and to accommodate vulnerable refugees. Mr Jans was briefed by Norwegian Justice Minister Emilie Enger Mehl on the latest asylum policy decisions in Norway. He discussed internal border controls with Czech Interior Minister Vít Rakušan and Austrian Interior Minister Gerhard Karner.


    Address for enquiries

    FDJP Communication Service, info@gs-efd.admin.ch, T +41 58 462 18 18


    Publisher

    Federal Department of Justice and Police
    http://www.ejpd.admin.ch

    MIL OSI Europe News