Category: India

  • MIL-OSI Asia-Pac: Prime Minister condoles the demise of Shri Ratan Tata

    Source: Government of India

    Prime Minister condoles the demise of Shri Ratan Tata

    Shri Tata was at the forefront of championing causes like education, healthcare, sanitation, animal welfare: PM

    Shri Tata’s passion towards dreaming big and giving back to the society were unique : PM

    Posted On: 10 OCT 2024 5:38AM by PIB Delhi

    The Prime Minister Shri Narendra Modi today condoled the passing of Shri Ratan Tata. Shri Modi said that Shri Tata was a visionary business leader, a compassionate soul and an extraordinary human being who endeared himself to several people with his humility, kindness and an unwavering commitment to making our society better.

    In a thread post on X, Shri Modi wrote:

    “Shri Ratan Tata Ji was a visionary business leader, a compassionate soul and an extraordinary human being. He provided stable leadership to one of India’s oldest and most prestigious business houses. At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness and an unwavering commitment to making our society better.”

    “One of the most unique aspects of Shri Ratan Tata Ji was his passion towards dreaming big and giving back. He was at the forefront of championing causes like education, healthcare, sanitation, animal welfare to name a few.”

    “My mind is filled with countless interactions with Shri Ratan Tata Ji. I would meet him frequently in Gujarat when I was the CM. We would exchange views on diverse issues. I found his perspectives very enriching. These interactions continued when I came to Delhi. Extremely pained by his passing away. My thoughts are with his family, friends and admirers in this sad hour. Om Shanti.”

     

     

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    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Indian woman experiences day as British High Commissioner

    Source: United Kingdom – Executive Government & Departments

    19-year-old Nidhi Gautam from Karnataka became the British High Commissioner to India for a day.

    Nidhi Gautam, British High Commissioner for the Day with Lindy Cameron, Deputy High Commissioner for the Day (on other days, British High Commissioner to India)

    Nineteen-year-old Nidhi Gautam from Karnataka became the British High Commissioner to India for one full day, getting a unique behind-the-scenes look at the life of a diplomat and seeing the UK-India partnership in action. 

    The British High Commission in New Delhi has organised the ‘High Commissioner for a Day’ competition every year since 2017, to celebrate the International Day of the Girl Child (11 October).

    The UK is committed to engaging with girls and shifting our power to them as change makers and future leaders. Protecting and promoting freedoms for women and girls in the UK and around the world is the right and smart thing to do; it is integral to creating resilient economies and strong, free societies.

    This year’s winning entry was chosen from a pool of more than 140 applications from talented young women around the country. Nidhi is pursuing a bachelor’s degree in History and Geography from Miranda House in Delhi. She is passionate about sketching, Wordle, cultural diplomacy and foreign policy.

    Nidhi Gautam, British High Commissioner for the Day, said:

    Being the British High Commissioner for a day was a transformative experience that left an indelible mark on me. I was fortunate to explore remarkable advancements, from assistive technologies to enlightening discussions on solar energy to ground-breaking developments in biotechnology and ‘femtech’. Each interaction underscored the idea that technology serves a greater purpose by creating tangible social benefits.

    Lindy’s warm encouragement and insightful thoughts throughout the day inspired me profoundly, reminding me of the importance of dedication and passion in serving one’s country. The day’s strong representation of women in leadership roles further motivated me, reaffirming my commitment to championing gender equality. Ultimately, this experience taught me that true progress is not just about advancement but about elevating lives along the way.

    Lindy Cameron, Deputy High Commissioner for the Day (on other days, British High Commissioner to India), said:

    It was fantastic to learn from Nidhi for the day. Our conversations, from the UK-India Technology Security Initiative to the role of young women in tackling global challenges, were inspiring. The High Commissioner for a Day competition embodies the idea that the world will be a better place when everyone has equal opportunities. Empowering women and girls in the UK and around the world is a priority for us and an integral part of our partnership with India on everything from technology to climate resilience.

    As the UK’s top diplomat in India, Nidhi got to experience an exciting range of activities over the course of a fully packed day. She started her day as High Commissioner getting briefed over breakfast on details of the UK-India bilateral relationship, the Technology Security Initiative announced in July, by her senior leadership team. She visited the National Centre for Assistive Health Technologies at Indian Institute of Technology Delhi, where she had an immersive experience in new technologies that are helping differently abled people live their lives to the fullest. She also visited the National Institute of Immunology to see how technology is aiding the development of vaccines in India, in addition a range of meetings with government and industry partners over the course of the day.

    Further information

    • see free-to-use images of Nidhi’s day as High Commissioner

    • Nidhi Gautam was ‘High Commissioner for a Day’ on 1 October. Applicants for this year’s competition were invited to submit a 1-minute video answering the question: ‘How can the UK and India collaborate on technology to benefit future generations?’ See Nidhi’s winning entry

    • the ‘High Commissioner for a Day’ competition, organised annually since 2017, celebrates the International Day of the Girl Child (11 October). The competition is an opportunity to provide a platform to young women to raise awareness about girls’ rights and highlight the importance of women in leadership roles

    • the International Day of the Girl is also being celebrated at the UK’s diplomatic missions in Bengaluru, Chennai and Mumbai where one young woman will have the opportunity to be the ‘British Deputy High Commissioner for a Day’

    Media

    For media queries, please contact:

    David Russell, Head of Communications
    Press and Communications, British High Commission,
    Chanakyapuri, New Delhi 110021. Tel: 24192100

    Media queries: BHCMediaDelhi@fco.gov.uk

    Follow us on X (formerly Twitter), Facebook, Instagram, Flickr, Youtube and LinkedIn

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Economics: RBI imposes monetary penalty on Mansing Co-operative Bank Limited, Dudhondi, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated September 26, 2024, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on Mansing Co-operative Bank Limited, Dudhondi (the bank) for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters- UCBs’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the charge of failure to classify certain loan accounts as non-performing assets and to provide for the same, in terms of Income Recognition, Asset classification and Provisioning norms was sustained, warranting imposition of monetary penalty.

    This action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1265

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on Jaihind Urban Co-operative Bank Limited, Pune, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated September 26, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Jaihind Urban Co-operative Bank Limited, Pune (the bank) for non-compliance with the directions issued by RBI on ‘Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks’. This penalty has been imposed in exercise of powers vested in RBI, conferred under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made by it during the personal hearing, RBI found, inter alia, that the charge of not conducting annual review of accounts in which there were no operations for more than one year was sustained, warranting imposition of monetary penalty.

    This action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1266

    MIL OSI Economics

  • MIL-OSI United Kingdom: Ratan Tata

    Source: City of Coventry

    Coventry Council notes with considerable regret the death of the Indian industrialist and philanthropist Ratan Tata – and honorary freeman of the city – on October 9. 

    Mr Tata, who led the group bearing his family name for 21 years, and during that time the company acquired Jaguar Land Rover in 2008, helped to secure the future of such an important regional brand and created thousands of jobs during his chairmanship.

    The city made Mr Tata a freeman of the city in 2015 in recognition of the investment of Tata Steel into Jaguar Land Rover (JLR) which enhanced and protected the status of car manufacturing in the region, the JLR brand and particularly the employment of its employees and many subsidy suppliers, supported by the Warwick Manufacturing Group.

    Council leader Cllr George Duggins expressed his personal and the city’s sadness: “Ratan Tata was a great friend of the region and of the city in particular. 

    “Through his support to regenerate Jaguar Land Rover, his role in establishing the National Automotive Innovation Centre at the University of Warwick, his contribution to Coventry’s confident regeneration can not be underestimated. 
    “I have written to the Tata family to pay the respects of the council and all its residents to titan of the business world.”

    Published: Thursday, 10th October 2024

    MIL OSI United Kingdom

  • MIL-OSI Europe: ASIA – ASEAN calls for “concrete actions” to stop the civil war in Myanmar

    Source: Agenzia Fides – MIL OSI

    Asean

    Vientiane (Agenzia Fides) – “Concrete measures” to end the civil war in Myanmar and to resume diplomatic efforts to resolve it are what the Association of Southeast Asian Nations (ASEAN) is calling on the Myanmar military junta and its opponents, while the conflict in the country continues. The problem of instability in the former Burma and the need for political change were the focus of the first day of the annual ASEAN Summit in Vientiane (Laos). The heads of state and government of the member countries also held face-to-face talks with a high-ranking representative of the ruling military government in Myanmar for the first time in three years, while ASEAN had previously excluded politicians from the Burmese military junta from its summits.The ASEAN leaders condemned the attacks on the civilian population and called on the parties involved to “take concrete measures to immediately end the arbitrary violence”. However, the summit did not discuss how to implement the “five-point plan” proposed by ASEAN to overcome the crisis after the military coup three years ago, and never considered by the Burmese junta. Instead, it said that “other ways are being sought to move forward” and formulate new strategies, as the five-point plan “has not been very effective in really changing the situation.”New efforts have included talks and meetings to mediate between the warring parties, such as those organized and hosted by the Indonesian government in Jakarta, which brought together representatives from Indonesia, ASEAN, the European Union and the United States, as well as members of the Burmese “government of national unity” in exile. Meanwhile, “informal consultations” on Myanmar are scheduled to take place in Thailand in December, which will be attended by ASEAN members and probably also by neighboring countries, such as China and India.At the 45th Summit, underway in Laos (6-11 October), the ASEAN countries (association of ten members: Brunei, Cambodia, Philippines, Indonesia, Laos, Malaysia, Myanmar, Singapore, Thailand, Vietnam) will discuss regional and international issues of common interest, such as ongoing conflicts, economic and financial difficulties, climate change, natural disasters and transnational crime. A total of 56 documents are expected to be adopted, covering the three pillars of ASEAN, which sees itself as a political and security, economic and socio-cultural community of states. (PA) (Agenzia Fides, 10/10/2024)
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    MIL OSI Europe News

  • MIL-OSI United Nations: Towards 2030: A new roadmap for Europe and North America’s commitments to the World Heritage Convention

    Source: United Nations

    During its 46th session in New Delhi, India today – the World Heritage Committee adopted the 2024-2031 Regional Action Plan of Europe and North America, as one of the outcomes of the Third Cycle of Periodic Reporting for this region.

    Action Plans are a tool for setting regional priorities for the implementation of the World Heritage Convention. It is a way of interpreting and translating the outcomes of  Periodic Reporting into strategic goals according to a set timeline. Site managers and focal points can use the Action Plans to guide, inspire and inform their World Heritage-related work. The new Regional Action Plan of Europe and North America, the first to cover these two sub-regions together, has been developed with the active contribution and support of the 51 States Parties in the region.

    Following this adoption, the UNESCO World Heritage Centre is organising an event entitled ‘TOWARDS 2030: A new roadmap for Europe and North America’s commitments to the World Heritage Convention. Presentation of the 2024-2031 Regional Action Plan of Europe and North America’.

    The event will take place on Monday, 29 July 2024, from 6:15 pm to 7:45 pm local time in Room 1 (MR6) of the Bharat Mandapam Convention Centre, New Delhi, India.

    Catering and interpretation in English and French will be provided during the event.

    The event is dedicated to present the 2024-2031 Regional Action Plan of Europe and North America that is foreseen to be adopted by the World Heritage Committee on the same day, as one of the outcomes of the Third Cycle of Periodic Reporting for this region. The main objective of the side event is to hear the voices of those who have contributed to this regional effort and to familiarise the audience with the main objectives of the Regional Action Plan, the challenges facing the region and how the Regional Action Plan will help to address them.

    Learn more about Periodic Reporting in this region here: https://whc.unesco.org/en/eur-na/

    MIL OSI United Nations News

  • MIL-OSI Russia: Moscow Fashion Week was visited by 65 thousand people

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The third Moscow Fashion Week has ended in the capital. It was held from October 4 to 9 in the Central Exhibition Hall “Manezh”. Collections were presented by about 200 designers from 41 cities of Russia, as well as seven other countries. Among them are China, the United Arab Emirates, Costa Rica and India. This was reported by Natalia Sergunina, Deputy Mayor of Moscow.

    “The participants were able to demonstrate their skills, find new business partners, and exchange experiences with colleagues from different parts of the world. As in previous years, the event generated great interest. Over the course of six days, the venue was visited by 65,000 people,” said Natalia Sergunina.

    During Moscow Fashion Week, 83 fashion shows took place. Many brands relied on the cultural codes and national characteristics of their native land. For example, a designer from Cheboksary presented a collection based on the national Chuvash costume. A representative of the Republic of South Africa created evening and casual looks in a bright color scheme. Some wardrobe elements were shaped like butterfly wings.

    In addition, a market was open during the fashion week. Anyone could buy clothes and accessories from 80 brands. A business showroom was opened for the professional community, with over 50 Russian specialists taking part. They held meetings with potential partners and wholesale buyers.

    Industry leaders gave 25 lectures to the event’s guests. The audience was told about trends and how they changed over time, as well as the influence of neural networks on the creation of collections. More than two million people watched the online broadcasts of the meetings with experts.

    In addition, the World Fashion Short short film festival took place. It brought together directors not only from Russia, but also from other countries, including Belarus, Colombia, Mexico and Turkey. The works selected by the international expert council were shown at the Artplay design center.

    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.mos.ru/nevs/item/145082073/

    MIL OSI Russia News

  • MIL-OSI Global: Caitlin Clark, Christine Brennan and how racial stereotypes persist in the media’s WNBA coverage

    Source: The Conversation – USA – By Molly Yanity, Professor and Director of Sports media and Communication, University of Rhode Island

    Indiana Fever guard Caitlin Clark, right, scrambles for a loose ball against Connecticut Sun guard DiJonai Carrington during a game on Aug. 28, 2024. Brian Spurlock/Icon Sportswire via Getty Images

    The “Caitlin Clark effect,” or the impact on women’s basketball from a ponytailed rookie phenomenon from America’s heartland, is real: The 2024 WNBA season shattered viewership, attendance and merchandise sales records.

    Clark, however, didn’t get a chance to compete for a league title.

    The Connecticut Sun eliminated Clark’s team, the Indiana Fever, in the first round of the playoffs with a two-game sweep, ending her record rookie-of-the-year campaign.

    And it may be just the latest chapter in a complicated saga steeped in race.

    During the first game of the series, the fingers of Sun guard DiJonai Carrington hit Clark in the eye as Carrington followed through on a block attempt of a Clark shot.

    During the next day’s media availability, USA Today columnist Christine Brennan recorded and posted an exchange between herself and Carrington.

    In the brief clip, the veteran sports writer asks Carrington, who is Black, if she purposely hit Clark in the eye during the previous night’s game. Though Carrington insisted she didn’t intentionally hit Clark, Brennan persisted, asking the guard if she and a teammate had laughed about the incident. The questions sparked social media outrage, statements from the players union and the league, media personalities weighing in and more.

    Hit the pause button here.

    As a longtime sports writer who has covered the WNBA – and as a journalism scholar who studies women’s sports and fandom – I’ll concede that Brennan’s line of questioning seems, on its face, like business as usual in sports journalism.

    After all, haven’t most baseball fans seen a scribe ask a pitcher if he intentionally beaned a batter?

    But Brennan’s questions were not asked in a vacuum. The emergence of a young, white superstar from the heartland has caused many new WNBA fans to pick sides that fall along racial lines. Brennan’s critics claim she was pushing a line of questioning that has dogged Black athletes for decades: that they are aggressive and undisciplined.

    Because of that, her defense of her questions – and her unwillingness to acknowledge the complexities – has left this professor disappointed in one of her journalistic heroes.

    Brennan and much of the mainstream sports media, particularly those who cover professional women’s basketball, still seem to have a racial blind spot.

    The emergence of a Black, queer league

    When the WNBA launched in 1997 in the wake of the success of the 1996 Olympic gold-medal-winning U.S. women’s basketball team, it did so under the watch of the NBA.

    The NBA set out to market its new product, in part, to a white, heterosexual fan base.

    The plan didn’t take hold.

    While the league experienced fits and starts in attendance and TV ratings over its lifetime, the demographic makeup of its players is undeniable: The WNBA is, by and large, a Black, queer league.

    In 2020, the Women’s National Basketball Players Association reported that 83% of its members were people of color, with 67% self-reporting as “Black/African-American.” While gender and sexual identity hasn’t been officially reported, a “substantial proportion,” the WNBPA reported, identify as LBGTQ+.

    In 2020, the league’s diversity was celebrated as players competed in a “bubble” in Bradenton, Florida, due to the COVID-19 pandemic. They protested racial injustice, helped unseat a U.S. senator who also owned Atlanta’s WNBA franchise, and urged voters to oust former President Donald Trump from the White House.

    Racial tensions bubble to the surface

    In the middle of it all, the WNBA has more eyeballs on it than ever before. And, without mincing words, the fan base has “gotten whiter” since Clark’s debut this past summer, as The Wall Street Journal pointed out in July. Those white viewers of college women’s basketball have emphatically turned their attention to the pro game, in large part due to Clark’s popularity at the University of Iowa.

    Money is also pouring into the league through a lucrative media rights deal and new sponsorship partners.

    While the rising tide following Clark’s transition to the WNBA is certainly lifting all boats, it is also bringing detritus to the surface in the form of racist jeers from the stands and on social media.

    After the Sun dispatched the Fever, All-WNBA forward Alyssa Thomas, who seldom speaks beyond soundbites, said in a postgame news conference: “I think in my 11-year career I’ve never experienced the racial comments from the Indiana Fever fan base. … I’ve never been called the things that I’ve been called on social media, and there’s no place for it.”

    Echoes of Bird and Magic

    In “Manufacturing Consent,” a seminal work about the U.S. news business, Edward Herman and Noam Chomsky argued that media in capitalist environments do not exist to impartially report the news, but to reinforce dominant narratives of the time, even if they are false. Most journalists, they theorized, work to support the status quo.

    In sports, you sometimes see that come to light through what media scholars call “the stereotypical narrative” – a style of reporting and writing that relies on old tropes.

    Scholars who study sports media have found that reporters routinely fall back on racial stereotypes. For example, coverage of Black quarterbacks in the NFL as less intelligent and more innately gifted would go on to hinder the progress of Black quarterbacks.

    Magic Johnson defends a shot by Larry Bird during the 1985 NBA Finals.
    Bob Riha, Jr./Getty Images

    In Brennan’s coverage of the Carrington-Clark incident, there appear to be echoes of the way the media covered Los Angeles Lakers point guard Magic Johnson and Boston Celtics forward Larry Bird in the 1980s.

    The battles between two of the sport’s greatest players – one Black, the other white – was a windfall for the NBA, lifting the league into financial sustainability.

    But to many reporters who leaned on the dominant narrative of the time, the two stars also served as stand-ins for the racial tensions of the post-civil rights era. During the 1980s, Bird and Magic didn’t simply hoop; they were the “embodiments of their races and living symbols of how blacks and whites lived in America,” as scholars Patrick Ferrucci and Earnest Perry wrote.

    The media gatekeepers of the Magic-Bird era often relied on racial stereotypes that ultimately distorted both athletes.

    For example, early in their careers, Bird and Johnson received different journalistic treatment. In Ferrucci and Perry’s article, they explain how coverage of Bird “fit the dominant narrative of the time perfectly … exhibiting a hardworking and intelligent game that succeeded despite a lack of athletic prowess.” When the “flashy” Lakers and Johnson won, they wrote, it was because of “superior skill.”

    When they lost to Bird’s Celtics, they were “outworked.”

    Framing matters

    Let’s go back to Brennan.

    Few have done more for young women in the sports media industry than Brennan. In time, energy and money, she has mentored and supported young women trying to break into the field. She has used her platform to expand the coverage of women’s sports.

    Brennan defended herself in a lengthy interview on the podcast “Good Game with Sarah Spain”:

    “I think [critics are] missing the fact of what I’m trying to do, what I am doing, what I understand clearly as a journalist, asking questions and putting things out there so that athletes can then have an opportunity to answer issues that are being discussed or out there.”

    I don’t think Brennan asking Carrington about the foul was problematic. Persisting with the narrative was.

    Leaning into racial stereotypes is not simply about the language used anymore. Brennan’s video of her persistent line of questioning pitted Carrington against Clark. It could be argued that it used the stereotype of the overly physical, aggressive Black athlete, as well.

    At best, Brennan has a blind spot to the strain racism is putting on Black athletes today – particularly in the WNBA. At worst, she is digging in on that tired trope.

    A blind spot can be addressed and seen. An unacknowledged racist narrative, however, will persist.

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

    ref. Caitlin Clark, Christine Brennan and how racial stereotypes persist in the media’s WNBA coverage – https://theconversation.com/caitlin-clark-christine-brennan-and-how-racial-stereotypes-persist-in-the-medias-wnba-coverage-240272

    MIL OSI – Global Reports

  • MIL-OSI USA: Governor Newsom announces judicial appointments 10.9.24

    Source: US State of California 2

    Oct 9, 2024

    SACRAMENTO – Governor Gavin Newsom today announced his appointment of 18 Superior Court Judges, which include one in Colusa County; one in Contra Costa County; five in Los Angeles County; two in Orange County; three in Sacramento County; one in San Bernardino County; four in San Diego County; and one in Sutter County.

    Colusa County Superior Court

    Brendan M. Farrell, of Colusa County, has been appointed to serve as a Judge in the Colusa County Superior Court. Farrell has served as District Attorney of Colusa County since 2023. He was a Chief Deputy District Attorney at the Colusa County District Attorney’s Office from 2016 to 2022 and a Deputy District Attorney there from 2010 to 2016. Farrell served as a Volunteer Attorney at the Los Angeles City Attorney’s Office in 2010. He earned a Juris Doctor degree from the University of Notre Dame Law School. He fills the vacancy created by the retirement of Judge Jeffrey A. Thompson. Farrell is registered without party preference.
     
    Contra Costa County Superior Court

    Robert S. Leach, of Contra Costa County, has been appointed to serve as a Judge in the Contra Costa County Superior Court. Leach has served as Chief of the Special Prosecutions Section at the U.S. Attorney’s Office, Northern District of California since 2023 and has served in several positions there since 2012, including Deputy Chief of the Corporate and Securities Fraud Section and Assistant U.S. Attorney. He served in several roles at the U.S. Securities and Exchange Commission from 2003 to 2012, including Assistant Regional Director, Branch Chief and Staff Attorney. Leach was an Associate at Latham & Watkins LLP from 1998 to 2003 and served as a Law Clerk for the Honorable John G. Davies at the U.S. District Court for the Central District of California from 1997 to 1998. Leach earned a Juris Doctor degree from the University of California, Los Angeles School of Law. He fills the vacancy created by the retirement of Judge Susanne Fenstermacher. Leach is registered without party preference.
     
    Los Angeles County Superior Court

    Leslie B. Gutierrez, of San Bernardino County, has been appointed to serve in an interim appointment as a Judge in the Los Angeles County Superior Court. Gutierrez has served as a Deputy District Attorney at the Los Angeles County District Attorney’s Office since 2012. She was a Sole Practitioner from 2011 to 2012. Gutierrez earned a Juris Doctor degree from Southwestern Law School. She fills the vacancy created by the retirement of Judge Brian C. Yep. The Governor’s appointment allows her to immediately assume the position she was otherwise elected to begin in January 2025. Gutierrez is a Democrat.
     

    Heather M. Hocter, of Los Angeles County, has been appointed to serve as a Judge in the Los Angeles County Superior Court. Hocter has served as a Deputy Alternate Public Defender at the Los Angeles County Alternate Public Defender’s Office since 2017. She served as a Deputy Public Defender at the Los Angeles County Public Defender’s Office from 2006 to 2017. Hocter earned a Juris Doctor degree from Southwestern Law School. She fills the vacancy created by the retirement of Judge Amy Pellman. Hocter is a Democrat.

    Karen C. Joynt, of Los Angeles County, has been appointed to serve as a Judge in the Los Angeles County Superior Court. Joynt has served as a Commissioner at the Los Angeles County Superior Court since 2022. She was Owner and Lead Attorney at Joynt Law from 2019 to 2022. Joynt served in several positions at the Office of the Los Angeles County Counsel from 2010 to 2019, including Assistant County Counsel, Senior Deputy County Counsel and Deputy County Counsel. She served as a Deputy Alternate Public Defender in the Office of the Los Angeles County Alternate Public Defender from 2006 to 2010. Joynt served as a Deputy Public Defender in the Office of the Los Angeles County Public Defender from 2003 to 2006. She earned a Juris Doctor degree from Southwestern Law School. She fills the vacancy created by the retirement of Judge Richard J. Burdge. Joynt is a Democrat.
     

    Esther K. Ro, of Los Angeles County, has been appointed to serve as a Judge in the Los Angeles County Superior Court. Ro has served as a Senior Appellate Attorney at the Second District Court of Appeal since 2019. She was a Partner at Morgan, Lewis & Bockius LLP from 2017 to 2019 and an Associate there from 2011 to 2017. Ro was an Equal Justice Works AmeriCorps Recovery Fellow at the Asian Pacific American Legal Center from 2009 to 2010 and an Associate at Squire, Sanders & Dempsey LLP from 2007 to 2009. She earned a Juris Doctor degree from the University of California, Los Angeles School of Law. She fills the vacancy created by the retirement of Judge Paul A. Bacigalupo. Ro is a Democrat.

    Karla Sarabia, of Los Angeles County, has been appointed to serve as a Judge in the Los Angeles County Superior Court. Sarabia has been a Deputy Public Defender at the Los Angeles County Public Defender’s Office since 2008. She served as a Deputy Public Defender at the Fresno County Public Defender’s Office from 2006 to 2008. Sarabia served as a Law Clerk in the Contra Costa County Public Defender’s Office from 2005 to 2006. Sarabia earned a Juris Doctor degree from the University of San Francisco School of Law. She fills the vacancy created by the retirement of Judge Steven D. Blades. Sarabia is a Democrat. 
     
    Orange County Superior Court

    Julianne Sartain Bancroft, of Orange County, has been appointed to serve as a Judge in the Orange County Superior Court. Bancroft has been Senior Appellate Research Attorney at the Fourth District Court of Appeal, Division Three since 2002. She was a Partner at Snell & Wilmer from 1997 to 2002 and an Associate there from 1994 to 1997. Bancroft was an Associate at Wilson, Sonsini, Goodrich & Rosati from 1991 to 1994 and served as a Law Clerk for the Honorable Melvin T. Brunetti at the U.S. Court of Appeals for the Ninth Circuit from 1990 to 1991. She earned a Juris Doctor degree from the University of California, Los Angeles School of Law. She fills the vacancy created by the retirement of Judge James E. Rogan. Bancroft is a Democrat.

    Randy K. Ladisky, of Orange County, has been appointed to serve as a Judge in the Orange County Superior Court. Ladisky has served as a Senior Deputy Alternate Public Defender in the Office of the Orange County Alternate Public Defender since 2014 and has been an Alternate Public Defender there since 2001. He was an Associate at the Law Office of Joel M. Garson from 2000 to 2001 and at the Law Office of Ronald Talmo from 1999 to 2000. Ladisky earned a Juris Doctor degree from the Western State College of Law. He fills the vacancy created by the appointment of Judge Martha K. Gooding to the Court of Appeal. Ladisky is a Democrat.
     
    Sacramento County Superior Court

    Lee S. Bickley, of Sacramento County, has been appointed to serve as a Judge in the Sacramento County Superior Court. Bickley has served as a Senior Attorney at the California Public Employees’ Retirement System since 2024. She served as an Assistant U.S. Attorney at the U.S. Attorney’s Office, Eastern District of California from 2010 to 2024. Bickley was a Branch Chief for the U.S. Securities and Exchange Commission from 2005 to 2010 and a Senior Litigation Associate at Cravath, Swaine & Moore LLP from 1998 to 2005. Bickley earned a Juris Doctor degree from Yale Law School. She fills the vacancy created by the retirement of Judge Gerrit W. Wood. Bickley is a Democrat.
     

    Joseph M. Cress, of Sacramento County, has been appointed to serve as a Judge in the Sacramento County Superior Court. Cress has been a Chief Assistant Public Defender at the Sacramento County Public Defender’s Office since 2022 and has served in several roles there since 1995, including Supervising Assistant Public Defender and Assistant Public Defender. He was an Adjunct Professor at the University of the Pacific, McGeorge School of Law from 2012 to 2015. Cress earned a Juris Doctor degree from the University of California College of the Law, San Francisco. He fills the vacancy created by the retirement of Judge James M. Mize. Cress is a Democrat.
     

    Brenda R. Dabney, of Sacramento County, has been appointed to serve as a Judge in the Sacramento County Superior Court. Dabney has been Northern California Regional Director at the Children’s Law Center of California since 2017. She has held several roles at the Children’s Law Center of California since 2001, including Firm Director from 2011 to 2017, Supervising Attorney from 2005 to 2011 and Staff Attorney from 2001 to 2005. Dabney earned a Juris Doctor degree from Loyola Law School, Los Angeles. She fills the vacancy created by the retirement of Judge Paul L. Seave. Dabney is a Democrat.
     
    San Bernardino County Superior Court

    James M. Taylor, of Riverside County, has been appointed to serve as a Judge in the San Bernardino County Superior Court. Taylor has been a Sole Practitioner since 2000. He was an Attorney for the San Bernardino County Indigent Defense Program from 2001 to 2020 and for Conflict Defense Lawyers from 2005 to 2014. Taylor earned a Juris Doctor degree from the Western State College of Law. He fills the vacancy created by the retirement of Judge Ingrid A. Uhler. Taylor is registered without party preference.
     
    San Diego County Superior Court

    Jami L. Ferrara, of San Diego County, has been appointed to serve as a Judge in the San Diego County Superior Court. Ferrara has been a Sole Practitioner since 2001. She was a Trial Attorney at Federal Defenders of San Diego Inc. from 1997 to 2000. Ferrara earned a Juris Doctor degree from George Mason University Law School. She fills the vacancy created by the retirement of Judge John S. Meyer. Ferrara is a Democrat.

    Rachel L. Jensen, of San Diego County, has been appointed to serve as a Judge in the San Diego County Superior Court. Jensen has been a Partner at Robbins Geller Rudman & Dowd LLP since 2008 and an Associate from 2004 to 2007. She served as a Law Clerk for the Office of the Prosecutor at the United Nations International Criminal Tribunal for the Former Yugoslavia in 2003 and the United Nations International Criminal Tribunal for Rwanda in 2002. Jensen served as a Law Clerk for the Honorable Warren J. Ferguson at the U.S. Court of Appeals for the Ninth Circuit from 2001 to 2002. She was an Associate at Morrison & Foerster LLP from 2000 to 2001. Jensen earned a Juris Doctor degree from the Georgetown University Law Center in 2000. She fills the vacancy created by the appointment of Judge David Rubin to the Court of Appeal. Jensen is a Democrat.

    Devon L. Lomayesva, of San Diego County, has been appointed to serve as a Judge in the San Diego County Superior Court. Lomayesva has been Chief Judge at the Intertribal Court of Southern California since 2016. She has been a Sole Practitioner since 2014. Lomayesva was a Pro Tem Judge at the Intertribal Court of Southern California from 2015 to 2016 and Tribal Attorney for the Soboba Band of Luiseño Indians from 2013 to 2014. She was Executive Director at California Indian Legal Services from 2007 to 2012 and In-House Counsel for the Iipay Nation of Santa Ysabel from 2004 to 2007. She was Directing Attorney at California Indian Legal Services from 2003 to 2004 and a Staff Attorney there from 1999 to 2002. Lomayesva was a Staff Attorney at the California Indian Lands Office from 2002 to 2003. She earned a Juris Doctor degree from the California Western School of Law. She fills the vacancy created by the retirement of Judge Harry Powazek. Lomayesva is a Democrat.

    Catherine A. Richardson, of San Diego County, has been appointed to serve as a Judge in the San Diego County Superior Court. Richardson has served as a Commissioner at the San Diego County Superior Court since 2024. She served as a Senior Chief Deputy City Attorney at the San Diego City Attorney’s Office from 2014 to 2024 and was Senior Counsel at Klinedinst PC from 2011 to 2014. Richardson served as a Deputy City Attorney at the San Diego City Attorney’s Office from 2009 to 2011 and from 1990 to1997. She was a Sole Practitioner from 2005 to 2009. She was a Partner at Thorsnes Bartolotta McGuire from 1997 to 2005 and an Associate there from 1988 to 1990. Richardson earned a Juris Doctor degree from the University of San Diego School of Law. She fills the vacancy created by the retirement of Judge Carlos O. Armour. Richardson is a Democrat.
     
    Sutter County Superior Court

    Fritzgerald A. Javellana, of Sutter County, has been appointed to serve as a Judge in the Sutter County Superior Court. Javellana has served as a Deputy County Counsel in the Office of the Sutter County Counsel since 2022. He was a Contract Juvenile Dependency Attorney for the Office of the Butte County Counsel from 2016 to 2022. Javellana was a Partner at Williams & Javellana LLP from 2014 to 2022 and an Associate at Rooney Law Firm from 2010 to 2014. Javellana earned a Juris Doctor degree from Southwestern Law School. He fills the vacancy created by the retirement of Judge Perry M. Parker. Javellana is registered without party preference. 

    The compensation for each of these positions is $243,940.

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    MIL OSI USA News

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

    Source: World Trade Organization

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

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

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

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

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

    Regional trade outlook

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

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

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

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

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

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

    Trade in services

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

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

    The full report is available here.

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

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    MIL OSI Global Banks

  • MIL-OSI Security: Resident of New Hampshire Sentenced for Involvement in Online Scheme to Defraud the Elderly

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

    ALEXANDRIA, La. – United States Attorney Brandon B. Brown announced that Raj Vinodchandra Patel, 34, of New Hampshire, has been sentenced by United States District Judge Dee D. Drell to 51 months in prison for his role in an online scheme to defraud the elderly.  On June 20, 2024, Patel pleaded guilty to one count indictment charging him with conspiracy to commit wire fraud.  

    Sometime in September 2023, an elderly resident in Alexandria, Louisiana, saw a “pop-up” message on their computer screen which directed them to call a computer “helpline.” This alleged computer helpline was merely a contact number being operated by one of Patel’s co-conspirators from India. When the victim called this supposed helpline, they were told that criminal activity had been seen on their computer and then transferred them to an alleged special agent working for the Federal Trade Commission in Washington, D.C. who would assist them further. However, the victim was not actually communicating with a federal agent but in truth and in fact, it was another of Patel’s co-conspirators operating from India. This fake federal agent falsely claimed that the victim’s Social Security number had been compromised, and that their monetary assets were at risk and that the only way to fix it would be for the victim to liquidate their bank account, buy gold bullion, and then transfer that gold bullion to another federal agent who would maintain the gold for supposed safe keeping until the “federal investigation” was completed. When in truth and in fact, there was no federal investigation, but this was an online scam to steal money and property from the victim. 

    Patel worked as a courier in this wire fraud scheme. On October 7, 2023, he flew from Boston to New Orleans, rented a car, and drove to the victim’s residence to retrieve the gold bullion. The victim had been instructed by Patel’s co-conspirator in India to place the gold bullion into the backseat of Patel’s rental car. Unbeknownst to Patel, however, the victim had contacted the Federal Bureau of Investigation (“FBI”) about the fraud scheme. The FBI set up a sting operation and video recorded Patel retrieving the package from the victim and driving away.

    Troopers with the Louisiana State Police stopped Patel and he was placed under arrest. Following his arrest, Patel admitted to his part in this scheme and that he had flown to other places across the United States for gold pickups from other elderly victims. Patel further admitted that as he was being stopped by law enforcement officers, he deleted the “WhatsApp Business” application from his cell phone in order to conceal his communications with co-conspirators. The intended loss amount attributed to this fraud scheme was approximately $514,000.

    “There is a keen federal interest to protect the elderly and prosecute those who take advantage of their vulnerability by using them to commit financial crimes,” said United States Attorney Brandon B. Brown. “This is a transnational crime, spanning from India to central Louisiana, that was investigated because the victim trusted his/her instincts and immediately contacted law enforcement. The Department of Justice is ready, willing, and able to seek justice for the elderly, who are the backbone of our country.”

    “Victims in Louisiana lost nearly $12 million dollars to schemes just like this one last year and those are the people we know about,” said Special Agent in Charge Lyonel Myrthil of FBI New Orleans. “The victim in this case did exactly as we ask the public to do. Trust your instincts. Take a break and call law enforcement. These actors are getting bolder and potential victims are putting their lives at risk with these encounters. We ask the public to report any suspicious activity like this to IC3.gov or by calling 1-800-CALL-FBI.”

    The case was investigated by the Federal Bureau of Investigation and Louisiana State Police and prosecuted by Assistant United States Attorney Mike Shannon.

    To report elder fraud, contact the dedicated National Elder Fraud Hotline at 1-833-FRAUD-11 or 1-833-372-8311 and visit the FBI’s IC3 Elder Fraud Complaint Center at IC3.gov.  To learn more about the Department of Justice’s elder justice efforts please visit the Elder Justice Initiative page.

    # # #

     

    MIL Security OSI

  • MIL-OSI Security: St. Michael Man Pleads Guilty to Child Abuse in Death of One-Year-Old

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

    Fargo – United States Attorney Mac Schneider announced that Collin Ray Delorme, also known as Collin Ray Delorme Sr., age 29, from St. Michael, North Dakota, appeared in federal court on October 9, 2024, in Fargo and pleaded guilty before District Court Judge Peter Welte to three counts of Child Abuse in Indian country.

    As noted in court documents, on February 18, 2023, Delorme’s co-defendant Kenzie Rose Baker called 911 from a home in St. Michael on the Spirit Lake Reservation and reported a one-year-old child was not breathing. The child was transported to CHI St. Alexius in Devils Lake, North Dakota and was pronounced dead.

    An autopsy concluded the cause of death was “battered child” due to multiple, repeated injuries of various ages, evident upon external and internal examination. The child’s internal injuries were untreated, given rise to infection and sepsis.

    Baker admitted she observed swelling present for two weeks but failed to seek medical care. After the child’s death, Delorme claimed an external injury to the child’s back, which was above a spinal fracture, occurred when he misjudged a step and his boot slipped and a flashlight hit the child.

    Two of the charges that Delorme pleaded guilty to are related to his abuse and the resulting death of the one-year-old child.  The third charge is the result of Delorme’s abuse of a second child, who was three years old, by hitting the child on the arms and throwing him on the bed.

    Delorme is scheduled for sentencing on February 18, 2025, and faces a maximum sentence of forty years in prison.

    On August 16, 2024, Baker pled guilty to charges of Accessory after the Fact; Child Abuse in Indian country; Child Neglect in Indian country. Baker is scheduled to be sentenced on January 22, 2025.

    Baker and Delorme are detained pending sentencing.

    “Today’s guilty plea is a step towards accountability for the heartrending death of a young child,” Schneider said. “The way this toddler was treated was horrific and shameful. Whether it is at multi-disciplinary team meetings throughout the District of North Dakota or by holding child abusers accountable in federal court, our career prosecutors and partners in law enforcement are committed to protecting kids and preventing tragic cases like this one.”

    This case was investigated by the Federal Bureau of Investigation and prosecuted by Assistant United States Attorneys Lori H. Conroy and SheraLynn Ternes.

    Previous Press release for co-defendant Kenzie Rose Baker can be seen HERE:

    ######

    MIL Security OSI

  • MIL-OSI USA: Rep. Haley Stevens (D-MI) Introduces New Bill at M1 Concourse in Pontiac, MI to Remediate & Redevelop More Disused Manufacturing Space Across U.S.

    Source: United States House of Representatives – Congresswoman Haley Stevens (MI-11)

    PONTIAC, MI – Yesterday, U.S. Representative Haley Stevens (D-MI) introduced the RESTART Communities Act in the U.S. House of Representatives and hosted a press conference about the legislation at the M1 Concourse in Pontiac, MI with Oakland County Executive Dave Coulter, Pontiac Mayor Tim Greimel, M1 Concourse CEO Tim McGrane, and RACER Trust Deputy Redevelopment Manager and Director of Government Relations Patricia Spitzley. U.S. Representative Frank Mrvan (D-IN) co-sponsored this legislation.

    The Revitalization Efforts for Sustainable Transformation and Remediation for Thriving Communities Act or the RESTART Communities Act aims to enhance interagency collaboration at the Federal level to empower local communities with the resources and practices needed to redevelop shuttered manufacturing sites requiring environmental remediation. This legislation will authorize the Federal government to create and disseminate best practices, streamline funding opportunities, provide other essential technical resources, and promote revitalization and remediation stakeholder collaboration to give manufacturing facilities and their surrounding communities a second chance at sustainable economic growth. By simplifying Federal support activities, the RESTART Communities Acempowers local communities to create new economic opportunities and protect the public health.

    “The RESTART Communities Act represents a significant step forward in unlocking incredible economic opportunities for shuttered manufacturing sites across the country, especially those that feature harmful environmental pollution,” said Rep. Haley Stevens (D-MI). “By bringing together local, state, and federal partners,  we can clean up our communities and create new, high-quality jobs in the communities that need them most.”

    “In Northwest Indiana and in manufacturing regions across the country, we must ensure communities have the full and efficient support of the federal government for remediation programs,” said Rep. Frank Mrvan (D-IN). “I am proud to join Rep. Stevens in supporting this outstanding initiative to promote streamlined processes and success for revitalizing local economies.”

    “Representative Stevens has long been a forward-thinking national leader on the need to support collaborative economic revitalization in communities affected by both job losses and environmental concerns,” said Elliott P. Laws, Administrative Trustee, RACER Trust. “The RESTART Communities Act of 2024 provides important tools to promote community-focused solutions on a national scale, including training and educational programs to equip the next generation of leaders with the skills they will need to carry these initiatives in the future. As a member of the White House staff at the time, Representative Stevens was a key figure in building the framework of RACER Trust and has watched as RACER’s application of its mandate has resulted in tens of thousands of new jobs and significant reductions in risks to human health and the environment. We are pleased to support Representative Stevens in her efforts and urge members of Congress to pass the RESTART Communities Act of 2024.”

    “We are grateful for Congresswoman Stevens’ continued bipartisan leadership to support economic development and community revitalization,” said Quentin L. Messer, Jr., Michigan Economic Development Corporation CEO and Michigan Strategic Fund President and Chair. “The RESTART Communities Act supports the core vision of Team Michigan’s ‘Make It in Michigan’ economic development strategy focused on People, Places and Projects by empowering communities to breathe new life into outdated, shuttered manufacturing sites. When we strengthen a community’s ability to create more vibrant places and welcome the businesses that employ their residents, it’s a win for them. By streamlining and simplifying access to essential federal support through this act, more of our friends and neighbors will ‘Make It’ in Michigan.” 

    “Too many communities in Michigan and across the country are dealing with legacy pollution from contaminated sites left behind by industry, and we need more tools for remediation and cleanup,” said Bentley Johnson, federal government affairs director for the Michigan League of Conservation Voters. “We appreciate Congresswoman Stevens’ leadership with the introduction of the RESTART Communities Act, which will make sure that as many resources as possible can go toward remediation and revitalization of contaminated vacant sites. Local communities need all levels of government to be working together to better protect health, and the collaboration created by the RESTART Communities Act will help prevent the public’s exposure to pollution, attract reinvestment for new businesses, and ensure that taxpayer resources are used effectively in the cleanup process.”

    Full text of the legislation can be found here. 

    A complete recording of the press conference and accompanying photos can be found here.

    The RESTART Communities Act is endorsed by the RACER Trust, the Michigan Economic Development Corporation, the Michigan League of Conservation Voters, the Detroit Regional Chamber, Oakland County, United Wholesale Mortgage, and Mayor of Pontiac Tim Greimel. 

    ###

    MIL OSI USA News

  • MIL-OSI: Capgemini’s World Energy Markets Observatory annual report 2024: The Paris Agreement’s goals are no longer achievable, but net zero is still in sight with accelerated efforts

    Source: GlobeNewswire (MIL-OSI)

    Press contact:
    Florence Lievre
    Tel.: +33 1 47 54 50 71
    Email: florence.lievre@capgemini.com

    Capgemini’s World Energy Markets Observatory annual report 2024:
    The Paris Agreement’s goals are no longer achievable, but net zero is still in sight with accelerated efforts

    • Despite impressive strides in 2023 and positive projections for 2024, the pace of renewable development isn’t fast enough
    • The critical role of nuclear energy to addressing increased clean energy demands is now recognized, but construction of new large power plants takes time and industrialization of Small Modular Reactors (SMRs) is proving complex
    • Addressing the complexity of energy transition challenges will require new market mechanisms encouraging further innovation, choosing appropriate measures, and accelerated public and private investment in low carbon technologies and the power grid

    Paris, October 10, 2024 – Capgemini has published the 26thedition of its annual World Energy Markets Observatory (WEMO), created in partnership with Hogan Lovells, Vaasa ETT and Enerdata. The report takes stock of the current state of the energy transition. Despite progress being made, greenhouse gas (GHG) emissions are continuing to increase, reaching a new record high of 37.4 billion tonnes (Gt) in 20231, confirming that the path to the reach Paris Agreement’s objectives is not on track. The report provides insights on what the key focus areas would need to be, moving forward, to address the complex energy transition challenges, including a change in the measurement of clean energy progress, as well as accelerated investment in the power grid and clean technologies.

    James Forrest, Global Energy Transition & Utilities Industry Leader at Capgemini says: “Despite an historical spike in renewable penetration, the pace of development isn’t fast enough to close the gap. There is still much to do in the next decade to get closer to net zero by 2050 and achieve a successful energy transition: whether it be in the field of low carbon technologies, R&D efforts, nuclear or grid flexibility and storage. In addition, beyond the necessary adoption of new market mechanisms, a shift away from measuring energy based on primary consumption is needed. This measurement was relevant during past energy crises, but it is now time to adopt a more holistic approach. Moving to a final energy demand measurement would better assess clean energy progress and ensure more accurate projections.”

    Key observations from the 2024 report include:

    • There is a need to hasten the deployment of renewable energy globally, and to accelerate in developing countries, to deliver the 2030 and 2050 decarbonization goals. The total amount of final energy provided by renewable energy is likely to be limited to about 40% of global needs. In 2023, total renewable energy capacity increased by 14% year on year with a larger capacity expansion of solar (32%) than wind (13%). But, whilst 2024 is promising to hit another record, as this was the case for the 22nd previous years, this growth is far below what is needed to achieve net zero carbon in 2050. Moreover, while the renewable penetration rate increases, they are impacting grid stability and association with stationary batteries will become compulsory. According to the report, storable renewable energies development, such as biomass or geothermal energy, should be accelerated.
    • Hydrogen is now a strategic lever in the decarbonization path. The number of projects reaching final investment decision has quadrupled over the last two years. However, a refocus of applications has been observed due to the increasing costs of low-carbon hydrogen production, competition between uses, and regulations. Only certain uses in ‘Hard to Abate’ industries, such as heavy industry and maritime mobility, have strong potential.
    • Global nuclear capacity needs to triple to ensure stable, low-carbon power. COP28 has recognized the critical role of nuclear energy for reducing the effects of climate change. While there is some promising progress in nuclear renaissance, including Small Modular Reactors (SMRs), development of new nuclear power plants is still difficult. In 2023, 440 nuclear reactors (390 GW) provided 9% of the world’s electricity, 25% of the world’s low-carbon electricity. SMRs are in the planning or early construction stages with many years before they are deployed at scale as their industrialization can prove to be complex. According to the report, more focus needs to be placed on extending the life of existing nuclear plants.
    • The power grid plays a fundamental role to accelerate clean energy transitions. Grid investment is starting to pick up and is expected to reach USD 400 billion in 20242, with Europe, the United Sates, China and parts of Latin America leading the way. According to the report, better forecasting electricity consumption and finer optimization scenarios thanks to technologies such as AI will help to improve grid balancing.
    • Whilst AI has the potential to significantly accelerate decarbonization, a lack of skills and a focus on short-term proof of concepts is hampering adoption to date. However, AI coupled with GenAI in agentic LLM (Large Language Model) workflows3 has a clear role to play as a catalyst to improve grids efficiency, e-fuel discovery; new battery or wind turbine design; synthetic biology; and augmented insights from many data sources for better informed decision making.
      • Protectionist approaches to increasing energy sovereignty may have undesirable implications. Ongoing geopolitical uncertainties are affecting energy markets and systems. To ensure security of supply, the use of embargoes, tariffs and subsidies in almost all jurisdictions is distorting energy markets and threatens efficient allocation of capital. According to the report, embargoes are proving ineffective, and decreasing the transparency and traceability of energy supplies, which is essential to tracking decarbonization efforts. Denying access to the cheapest sources of energy equipment and energy supplies drives up prices for consumers and reduces funding available for the energy transition.
      • According to the report, ‘Primary Energy Demand’ is an outdated concept for energy transition. There is a need to move from primary to final energy consumption measurement (in kWh) to ensure accurate projections, and clean energy progress. Measuring energy based on primary consumption ignores that: for the same end-energy services, new electric services are generally more efficient; a lot of fossil fuels are wasted in the generation of electricity; energy is also wasted on finding and processing fossil fuels.

    The World Energy Markets Observatory (WEMO) is Capgemini’s annual thought leadership and research report created in partnership with Hogan Lovells, Vaasa ETT and Enerdata, that tracks the transformation of global energy markets, including Europe, North America, Australia, Southeast Asia, India, and China. Now in its 26th edition, the report has been prepared by a global team of over 100 experts, and includes 15 articles, all backed with rigorous analysis. The report begins with a global outlook, then covers the topics pivotal to the energy transition including geopolitical impacts, demand side energy transition, batteries, renewables, SMRs, Hydrogen, Industrial Heat, GenAI and the Inflation Reduction Act (IRA).
    For more information and to get access to the report, click here

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.
    Get The Future You Want | http://www.capgemini.com


    1 Source: IEA- CO2 Emissions in 2023
    2 Source IEA: Electricity Grids and Secure Energy Transitions

    3 GenAI in agentic LLM (Large Language Model): iterative and collaborative model that transforms the interaction with LLMs into a series of manageable, refinable steps.

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    The MIL Network

  • MIL-OSI: TSplus Wraps Up Another Successful Quarter with Major Developments and New Product Enhancements

    Source: GlobeNewswire (MIL-OSI)

    LYON, France, Oct. 10, 2024 (GLOBE NEWSWIRE) — TSplus recently held its quarterly meeting in Lyon, where the entire headquarters gathered to celebrate milestones, strategize for the future, and share some exciting product updates. The company, known for its innovation and affordable alternatives to Citrix, is on track to expand its presence globally and further strengthen its offerings.

    Dominique Benoit, CEO of TSplus, opened the meeting by highlighting the company’s rapid growth, with about 600,000 clients and 8,000 resellers across the world. He emphasized TSplus’ position as the “French Citrix-Killer,” with upcoming subscription models for TSplus Remote Access poised to capture more market shares.

    We’re building towards an exciting future,” Dominique said. “By 2030, we aim to grow from 80 employees to 500, and we’re already laying the groundwork with new strategic developments.”

    Powering the Future of Remote Access

    This quarter has seen remarkable growth, with invoice numbers doubling and a projected 15% revenue increase by year-end. The company’s flagship product, Remote Access Enterprise, has emerged as a best-seller, and key markets like India, France, and the USA are hosting the largest customers. Additionally, TSplus is proud to announce the official launch of TSplus China, located near Shanghai, marking an important milestone in expanding its presence in the Asia-Pacific region.

    Advanced Security, Remote Access and Beyond

    The Development Team has been hard at work, with the upcoming release of Advanced Security 7.1 taking center stage. This release, still in beta version, will introduce a completely revamped user interface, providing a smoother and more intuitive experience. New features will be included too, to increase risk awareness and protection performance.

    In other product news, Remote Access has seen over 30 updates and 40 fixes, such as improvements to the Universal Printer and a sleek new Web Portal. Remote Support now boasts 2FA protection, cross-platform compatibility over macOS and Windows devices, and a soon-to-be-released Android app.

    Leader To Be in Secure Remote Access Solutions

    TSplus has also focused on enhancing its digital presence, with a complete redesign of TSplus.net. The revamped website has significantly boosted traffic generating a 20% sales growth. Meanwhile, the Licensing Portal has been simplified, making it easier for resellers to navigate.

    As AI continues to shape the marketing landscape and Google ranking algorithm, TSplus is staying ahead to create high-quality videos, blog posts, and website enhancements, further expanding the company’s visibility everywhere on the Web.

    With ambitious plans on the horizon, TSplus is set to roll out additional updates, including a full overhaul of all their showcase websites. These developments will further solidify TSplus’ position as a global leader in secure remote access solutions.

    Try any TSplus software for free today with a 15-day trial by visiting http://www.tsplus.net.

    Media Contact:
    Floriane Mer
    Marketing Manager at TSplus
    floriane.mer@tsplus.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/03affb29-cb02-4102-8792-863ea0b86f83

    The MIL Network

  • MIL-OSI USA: 420 Years Ago: Astronomer Johannes Kepler Observes a Supernova

    Source: NASA

    In October 1604, a new star appeared in the sky, puzzling astronomers of the day. First observed on Oct. 9, German astronomer Johannes Kepler (1571-1630) began his observations on Oct. 17 and tracked the new star for over a year. During that time, it brightened to magnitude -2.5, outshining Jupiter, and for several weeks remained visible in the daytime. Publication of his detailed observations in 1606 led astronomers to call the star Kepler’s Supernova, today formally designated as supernova SN 1604. Astronomers of the day did not know what caused the star’s sudden appearance and eventual disappearance, but the phenomenon helped shape European cosmology toward the heliocentric model proposed by Polish astronomer Nicolaus Copernicus half a century earlier. Today, astronomers designate SN 1604 as a Type Ia supernova, resulting from the explosion of a white dwarf star, and use ground-based and space-based telescopes to study its remnants.
    Left: Portrait of Johannes Kepler by August Köhler. Middle: Kepler’s book about his observations of the 1604 supernova open to the page depicting the location of the new star. Right: Closeup of Kepler’s illustration of the location of the new star, designated N, in the constellation Ophiuchus near the right foot of the serpent-bearer.
    Italian astronomer Lodovico delle Colombo first observed the supernova in the constellation Ophiuchus on Oct. 9. Kepler, then working in Prague, heard rumors of the new star but did not observe it until Oct. 17. He continued to monitor the star for over a year, inspired by the earlier work of Danish astronomer Tycho Brahe’s observations of a similar phenomenon, the 1572 supernova. The new star quickly brightened to magnitude -2.5, outshining Jupiter, and for three weeks could be seen in the daytime before finally fading into obscurity in March 1606. Kepler could only make naked eye observations, since Italian astronomer Galileo Galilei didn’t turn his newly invented telescope to the skies for another four years after SN 1604 faded from view.
    Later in 1606, Kepler summarized his observations in his book De Stella nova in pede Serpentarii (On the New Star in Ophiuchus’ Foot), published in Prague. SN 1604 is believed to be about 20,000 light years away, near the edge of a dark nebula complex. Kepler and his contemporaries observed not only the last known supernova to occur in the Milky Way Galaxy but also the last supernova visible to the naked eye until 1987. That one, Supernova 1987A, appeared in the Large Magellanic Cloud, a small satellite galaxy of the Milky Way.
    A Type Ia supernova results from a white dwarf drawing in material from a nearby red giant star, the additional mass leading to a runaway thermonuclear explosion.
    Astronomers today understand that what Kepler and others believed as the birth of a new star actually represented the violent death of a star. Astronomers today classify supernovas according to their characteristics, and SN 1604 belongs to the group known as Type Ia supernovas, typically found in binary star systems composed of a white dwarf and a red giant. The gravitation force of the white dwarf draws in material from its larger less dense companion until it reaches a critical mass, around 1.4 times the mass of our Sun. At that point, a runaway thermonuclear chain reaction begins, causing a release of tremendous amounts of energy, including light, that we see as a sudden brightening of an otherwise dim star.
    Images of Kepler’s supernova remnants in different portions of the electromagnetic spectrum. Left: X-ray image from the Chandra X-ray Observatory. Middle: Visible image from the Hubble Space Telescope. Right: Infrared image from the Spitzer Space Telescope.
    Supernova explosions leave remnants behind and those of SN 1604 remain visible today. Ground-based and space-based instruments using different parts of the electromagnetic spectrum study these remnants to gain a better understanding of their origins. The remnants of SN 1604 emit energy most strongly in the radio and X-ray parts of the electromagnetic spectrum. In recent years, astronomers have used Type Ia supernovas to determine the rate of expansion of the universe. Because Type Ia supernovas all occur in stars of about 1.4 solar masses, they give out about the same amount of light. This makes them useful as distance indicators – if one Type Ia supernova is dimmer than another one, it is further away by an amount that astronomers can calculate. Based on this information, astronomers believe that the expansion of the universe is accelerating, possibly caused by the presence of a mysterious substance called dark energy.
    Events in world history in 1604:
    January 1 – First performance of William Shakespeare’s play A Midsummer’s Night’s Dream.
    March 22 – Karl IX begins his rule as King of Sweden.
    August 5 – Sokolluzade Mehmed Pasha becomes the new Ottoman Grand Vizier in Constantinople.
    August 18 – England and Spain sign the Treaty of London, ending their 20-year war.
    September 1 – Sri Guru Granth Sahib, Sikhism’s religious text, is installed at Hamandir Sahib in Amritsar, India.
    October 4 – Emperor of Ethiopia Za Dengel is killed in battle with the forces of Za Sellase, who restores his cousin Yaqob to the throne.
    November 1 – First performance of William Shakespeare’s tragedy Othello.
    December 29 – A magnitude 8.1 earthquake shakes the Taiwan Strait causing significant damage.

    MIL OSI USA News

  • MIL-OSI Economics: IADC South Central Asia Chapter & ONGC Organize 8th Drilling Operations Incident Review Committee Meeting

    Source: International Association of Drilling Contractors – IADC

    Headline: IADC South Central Asia Chapter & ONGC Organize 8th Drilling Operations Incident Review Committee Meeting

    The IADC South Central Asia (SCA) Chapter and the Oil and Natural Gas Corporation (ONGC) hosted the 8th Drilling Operations Incident Review Committee (DOIRC) meeting on 24 August. This was the second event with an integrated Onshore and Offshore focus, and it was held at NBP Green Heights in Mumbai. 

    The event witnessed active participation from over 280 attendees of different companies, including 130 online participants from offshore and onshore E&P installations in the Indian subcontinent. Attendees included leaders and key executives from ONGC, drilling companies, and other organizations, demonstrating a shared commitment to safety in drilling operations across the region.

    The safety moment by the HSE Manager of Greatship emphasized the role of human factors in incidents and highlighted the importance of compliance with safety management systems and procedures in the workplace.

    DOIRC Chairman Shri VV Prasad expressed his gratitude to IADC SCAC Chairman & Director (T&FS) ONGC Shri OP Singh for his continuous guidance and support in establishing DOIRC as a structured platform for engagement and collaboration on safety issues in the Indian Drilling Industry. He emphasized that the goal of zero incidents is achievable when safety becomes a shared responsibility.

    In his inaugural address, Sh. O.P. Singh appreciated the continuous efforts made by IADC in collaboration with ONGC to create a safe culture and a safe work environment. A more efficient work environment can be achieved by integrating the guiding principles of the Five M’s – Men, Machine, Material, Method, and Management. He emphasized that digitalization plays a pivotal role in the transformation to latest technologies. The industry needs to support a digital safety culture, enhancing its safety protocols and being prepared for future challenges.    

    The Head of HSE ONGC Mumbai presented an action taken report on previous DOIRC recommendations, their compliance status along with initiatives taken, milestones achieved, and HSE statistics for Quarter-1 of FY 2024-25. Eight incidents from the last quarter were presented by respective rig managers, sharing their root cause analysis learnings from these incidents and corrective actions implemented.

    In his concluding address, Chief of HSE at ONGC advised that the learnings from the incidents discussed at DOIRC should be effectively communicated and implemented across all ONGC installations.

    Mr. Narendra Jindal, Vice chairman of IADC SCA Chapter & Country – Head of Operations at Shelf Drilling, offered the closing remarks and vote of thanks.

    MIL OSI Economics

  • MIL-OSI USA: Unprecedented Response to Hurricane Helene Continues as State, Local and Federal Resources Work to Help those Impacted in Western North Carolina

    Source: US State of North Carolina

    Headline: Unprecedented Response to Hurricane Helene Continues as State, Local and Federal Resources Work to Help those Impacted in Western North Carolina

    Unprecedented Response to Hurricane Helene Continues as State, Local and Federal Resources Work to Help those Impacted in Western North Carolina
    mseets

    Today, Governor Roy Cooper held a briefing with FEMA Administrator Deanne Criswell to provide updates on North Carolina’s unprecedented response to Hurricane Helene. They were joined by Adjutant General of the North Carolina National Guard Major General Todd Hunt, North Carolina Director of Emergency Management Will Ray, NCDOT Secretary Joey Hopkins, NCDHHS Secretary Kody Kinsley and NCDEQ Secretary Mary Penny Kelley to share an update as response and recovery operations continue in Western North Carolina. 

    “Hurricane Helene was a powerful reminder of nature’s might, but it also revealed the unbreakable spirit of our people,” said Governor Cooper. “In the face of adversity, we have seen neighbors helping neighbors, volunteers stepping up, and first responders risking their lives to ensure our safety. This has been a massive, unprecedented state, local and federal response and I am grateful to all of those working tirelessly. Your bravery and selflessness embody the very essence of our community.”

    Goods and services continue to flow into impacted communities through state, federal and local partners.  The North Carolina National Guard and the Joint Task Force- North Carolina have assisted thousands of people who needed rescue, evacuation and other assistance.

    North Carolina National Guard and Military Response

    More than 3,000 Soldiers and Airmen are now working in Western North Carolina. Joint Task Force- North Carolina, the task force led by the North Carolina National Guard is made up of Soldiers and Airmen from 12 different states, two different XVIII Airborne Corps units from Ft. Liberty, a unit from Ft. Campbell’s 101st Airborne Division, and numerous civilian entities are working side-by-side to get the much-needed help to the citizens in western North Carolina.

    National Guard and military personnel are operating more than 40 helicopters and more than 1,200 specialized vehicles in Western North Carolina to facilitate these missions. The U.S. Army Corps of Engineers is helping to assess water and wastewater plants and dams. Residents can track the status of the public water supply in their area through a website launched on Saturday.

    FEMA Assistance

    More than $60 million in FEMA Individual Assistance funds have been paid so far to Western NC disaster survivors and more than 134,000 people have registered for Individual Assistance. Approximately 2,600 people are now housed in hotels through FEMA’s Transitional Sheltering Assistance. Federal partners have delivered approximately 9.78 million liters of water and approximately 7.7 million meals in North Carolina to support both responders and people living in the affected communities.

    More than 900 FEMA staff are in the state to help with the western North Carolina relief effort. In addition to search and rescue and providing commodities, they are meeting with disaster survivors in shelters and neighborhoods to provide rapid access to relief resources. They can be identified by their FEMA logo apparel and federal government identification.

    The Major Disaster Declaration requested by Governor Cooper and granted by President Biden now includes 27 North Carolina counties (Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mecklenburg, Mitchell, Polk, Rutherford, Swain, Transylvania, Watauga, Wilkes and Yancey) and the Eastern Band of Cherokee Indians.

    North Carolinians can apply for Individual Assistance by calling 1-800-621-3362 from 7am to 11pm daily or by visiting www.disasterassistance.gov, or by downloading the FEMA app. FEMA may be able to help with serious needs, displacement, temporary lodging, basic home repair costs, personal property loss or other disaster-caused needs.

    Help from Other States

    More than 1,300 responders from 35 state and local agencies have performed 118 missions supporting the response and recovery efforts through the Emergency Management Assistance Compact (EMAC). This includes public health nurses, emergency management teams supporting local governments, veterinarians, teams with search dogs and more.

    Beware of Misinformation

    North Carolina Emergency Management and local officials are cautioning the public about false Helene reports and misinformation being shared on social media. NCEM has launched a fact versus rumor response webpage to provide factual information in the wake of this storm. FEMA also has a rumor response webpage.

    Food, Water and Commodity Points of Distribution

    Efforts continue to provide food, water and basic necessities to residents in affected communities, using both ground resources and air drops from the NC National Guard. More than 20,000 hot meals a day are being prepared and served by mobile kitchens. Food, water and commodity points of distribution are open throughout western North Carolina. For information on these sites in your community, visit your local emergency management and local government social media and websites or visit ncdps.gov/Helene.

    Missing Persons

    To report a missing person or request non-emergency support, please call NC 211 or 1-888-892-1162 if calling from out-of-state. NC 211 also has a registry page for missing persons and welfare check requests.

    Shelters

    A total of 17 shelters are open in Western North Carolina serving 715 people and 102 pets.

    Storm Damage Cleanup

    If your home has damages and you need assistance with clean up, please call Crisis Cleanup for access to volunteer organizations that can assist you at 844-965-1386.

    Power Outages

    Across Western North Carolina, more than 86,000 customers remain without power as of Tuesday, down from a peak of more than 1 million. Overall power outage numbers will fluctuate up and down as power crews temporarily take circuits or substations offline to make repairs and restore additional customers.

    Road Closures

    Travel remains dangerous, with hundreds of roads closed. Many of these roads are primary routes connecting the region. As connectivity and reporting measures improve, these number may increase.

    NCDOT is asking people to avoid unnecessary travel to or in Western North Carolina. NCDOT has posted at ncdot.gov an interstate detour map for travelers to avoid western N.C. NCDOT currently has more than 2,100 employees and 1,100 pieces of equipment working on approximately 4,700 damaged road sites.

    Fatalities

    Eighty-nine storm-related deaths have been confirmed in North Carolina by the Office of Chief Medical Examiner. We expect that this number will continue to rise over the coming days. The North Carolina Office of the Chief Medical Examiner will continue to confirm numbers twice daily. If you have an emergency or believe that someone is in danger, please call 911. To report that you have been unable to reach a person in Western North Carolina, please call 211.

    Volunteers and Donations

    Due to dangerous road conditions and the need to maintain open routes for emergency operations, travel to Western North Carolina is strongly discouraged. Instead, consider the following options for donations and volunteer opportunities:

    • If you would like to donate to the North Carolina Disaster Relief Fund, visit nc.gov/donate. Donations will help to support local nonprofits working on the ground.
    • For information on volunteer opportunities, please visit nc.gov/volunteernc

    Additional Assistance

    There is no right or wrong way to feel in response to the trauma of a hurricane. If you have been impacted by the storm and need someone to talk to, call or text the Disaster Distress Helpline at 1-800-985-5990. Help is also available to anyone, anytime in English or Spanish through a call, text or chat to 988. Learn more at 988Lifeline.org.

    If you are seeking a representative from the North Carolina Joint Information Center, please email ncempio@ncdps.gov or call 919-825-2599.

    For general information, access to resources, or answers to frequently asked questions, please visit ncdps.gov/helene.

    If you are seeking information on resources for recovery help for a resident impacted from the storm, please email IArecovery@ncdps.gov.

    ###

    Oct 9, 2024

    MIL OSI USA News

  • MIL-OSI Economics: IADC South Central Asia Chapter & ONGC Organize 8th Drilling Operations Incident Review Committee Meeting

    Source: International Association of Drilling Contractors – IADC

    Headline: IADC South Central Asia Chapter & ONGC Organize 8th Drilling Operations Incident Review Committee Meeting

    The IADC South Central Asia (SCA) Chapter and the Oil and Natural Gas Corporation (ONGC) hosted the 8th Drilling Operations Incident Review Committee (DOIRC) meeting on 24 August. This was the second event with an integrated Onshore and Offshore focus, and it was held at NBP Green Heights in Mumbai. 

    The event witnessed active participation from over 280 attendees of different companies, including 130 online participants from offshore and onshore E&P installations in the Indian subcontinent. Attendees included leaders and key executives from ONGC, drilling companies, and other organizations, demonstrating a shared commitment to safety in drilling operations across the region.

    The safety moment by the HSE Manager of Greatship emphasized the role of human factors in incidents and highlighted the importance of compliance with safety management systems and procedures in the workplace.

    DOIRC Chairman Shri VV Prasad expressed his gratitude to IADC SCAC Chairman & Director (T&FS) ONGC Shri OP Singh for his continuous guidance and support in establishing DOIRC as a structured platform for engagement and collaboration on safety issues in the Indian Drilling Industry. He emphasized that the goal of zero incidents is achievable when safety becomes a shared responsibility.

    In his inaugural address, Sh. O.P. Singh appreciated the continuous efforts made by IADC in collaboration with ONGC to create a safe culture and a safe work environment. A more efficient work environment can be achieved by integrating the guiding principles of the Five M’s – Men, Machine, Material, Method, and Management. He emphasized that digitalization plays a pivotal role in the transformation to latest technologies. The industry needs to support a digital safety culture, enhancing its safety protocols and being prepared for future challenges.    

    The Head of HSE ONGC Mumbai presented an action taken report on previous DOIRC recommendations, their compliance status along with initiatives taken, milestones achieved, and HSE statistics for Quarter-1 of FY 2024-25. Eight incidents from the last quarter were presented by respective rig managers, sharing their root cause analysis learnings from these incidents and corrective actions implemented.

    In his concluding address, Chief of HSE at ONGC advised that the learnings from the incidents discussed at DOIRC should be effectively communicated and implemented across all ONGC installations.

    Mr. Narendra Jindal, Vice chairman of IADC SCA Chapter & Country – Head of Operations at Shelf Drilling, offered the closing remarks and vote of thanks.

    MIL OSI Economics

  • MIL-OSI: First Federal Savings Bank Partners with Gibco Motor Express, LLC to Help Those Affected by Recent Hurricanes

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., Oct. 09, 2024 (GLOBE NEWSWIRE) — First Federal Savings Bank has partnered with Gibco Motor Express, LLC to help those affected by the recent hurricanes. To make it easier for our community to contribute, Gibco has parked a semi-truck at First Federal Savings Bank’s Operations Center at 4920 Davis Lant Drive and is accepting donations of essential items. The semi will remain on site until it is full and will then be transferred to the disaster areas for donation drop-off.

    Donation Details:

    • Location: First Federal Savings Bank Operations Center: 4920 Davis Lant Drive Evansville, IN 47715
    • Dates: Starting October 09, 2024 – until truck is full
    • Hours: Monday through Saturday, 8:00 AM – 4:00 PM CST
    • Items Accepted: Non-perishable food, water, diapers, baby formula, clothing, toiletries, batteries, flashlights, blankets, or anything camping-related

    First Federal Savings Bank has established a fund on behalf of NewSong Church in North Carolina. We will be accepting monetary donations via check made payable to First Federal Savings Bank with Hurricane Relief and Last Name in the memo or sent digitally using Zelle by searching donations@fbei.net. At the end of the campaign, the money collected will be transferred to NewSong Church to provide humanitarian relief in the disaster areas.

    Every donation, big or small, will make a difference. Let’s come together as a community to support those in need.

    About First Federal Savings Bank Member FDIC
    First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.

    About Gibco Motor Express, LLC
    The foundation for Gibco Motor Express, LLC was laid in 1930 by a man named Vern Gibson. Since then, Gibco has forged a reputation as an industry leader in the transportation of bulk commodities. Based at four locations in Indiana, Illinois, and Kentucky, Gibco is strategically located to meet the transportation needs of its valued customers.

    The MIL Network

  • MIL-OSI USA: Disaster Recovery Center Opens in Buncombe County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opens in Buncombe County

    Disaster Recovery Center Opens in Buncombe County

    Raleigh, N.C. – A Disaster Recovery Center will open Thursday, Oct. 10 in Asheville (Buncombe County) to assist North Carolina survivors who experienced losses from Helene.

    The Buncombe County center is located at: 

    A.C. Reynolds High School
    1 Rocket Dr.
    Asheville, NC 28803
    Open: 8 a.m. – 7 p.m., Monday through Sunday  

    A Disaster Recovery Center is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.

    FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses.

    A Comfort Care Center will also be available at this location where survivors can shower, do laundry and take advantage of other services.

    Additional recovery centers will be opening soon. To find other center locations go to fema.gov/drc or text “DRC” and a Zip Code to 43362. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.  

    Homeowners and renters in 27 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center. No appointment is needed. 

    It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service.

    For the latest information about the North Carolina recovery, visit fema.gov/disaster/4827. Follow FEMA on X at x.com/femaregion4 or on Facebook at facebook.com/fema.

    barbara.murien…

    MIL OSI USA News

  • MIL-OSI USA: FACT SHEET: Hurricane Helene Recovery Continues as Biden-⁠ Harris Administration Prepares for Hurricane  Milton

    US Senate News:

    Source: The White House
    The Biden-Harris Administration continues to both make urgent and life-saving preparations for Hurricane Milton and carry out response and recovery efforts for communities impacted by Hurricane Helene.
    Today, President Biden and Vice President Harris received a briefing from members of their Administration about updates on the latest forecast for Hurricane Milton, expected impacts for the State of Florida, and the robust pre-landfall preparations underway. They also received an update on the ongoing response to the impacts of Hurricane Helene across the Southeast and Appalachia. President Biden will address the Nation tonight regarding Hurricane Milton.
    President Biden has spoken to Florida Governor Ron DeSantis, Tampa Mayor Jane Castor, Clearwater Mayor Bruce Rector, and Pinellas County Chairwoman Kathleen Peters to get firsthand reports on recovery efforts for Hurricane Helene and to discuss preparations for Hurricane Milton. The President told each of the officials to call him directly if they need additional assistance on response and recovery efforts.
    More than 8,000 Federal personnel are on the ground across the Southeast, including in Florida, to continue Hurricane Helene recovery efforts and respond to the impacts of Hurricane Milton.
    At the direction of President Biden, FEMA Administrator Deanne Criswell will travel to Florida tonight to join the personnel on the ground and ensure every Floridian gets the help they need when this storm passes.
    Additional updates on our efforts for Hurricanes Milton and Helene include:
    Hurricane Milton Pre-Landfall Preparations
    Pre-Landfall Outreach and Emergency Declarations
    President Biden granted pre-landfall emergency declarations for the State of Florida and the Seminole Tribe of Florida for Hurricane Milton, enabling FEMA to provide direct assistance to the state, local and Tribal response, preposition supplies and response assets and mobilize hundreds of personnel in the state, many of whom were already in place supporting the Hurricane Helene response.
    The White House has been in contact with more than 60 Florida officials from all 51 counties that fall under the pre-landfall Emergency Declaration approved by President Biden. We remain in close communication with officials in the 16 cities and counties that will likely be in the direct path of the storm.
    Surging Resources and Personnel to Florida
    FEMA has over 1,000 responders on the ground in Florida supporting Hurricane Milton preparations and recovery efforts from previous disasters. There are over 1,400 search and rescue personnel pre-staged to support Hurricane Milton response efforts.
    The U.S. Coast Guard has 1,300 personnel stationed in Florida ready to immediately assist with life-saving and life sustaining search and rescue operations throughout the State. The Coast Guard also has personnel ready who will work directly with the U.S. Army Corps of engineers to assess and open the critical lifeline of the Port of Tampa as quickly as possible to ensure necessary supplies and fuel can start to flow into the impacted areas again.
    The State of Florida has activated over 6,000 members of the National Guard and expects to bring on an additional 3,000 National Guard members from Florida and other States to support State response activities.
    The Federal government has pre-positioned resources to support local and state response efforts ahead of Hurricane Milton. FEMA pre-staged seven FEMA Incident Management Assistance Teams, eight federal Urban Search & Rescue and swift water rescue teams, three U.S. Coast Guard Swift Water Rescue teams, 10 HealthCare System Assessment Teams, two U.S Army Corps of Engineers temporary power teams, debris experts, Environmental Protection Agency wastewater experts, over 500 ambulances, 20 helicopters prepared to support media requirements following landfall, and 60 High Water Vehicles with ladders from the Department of Defense.
    Additionally, FEMA has five incident staging bases with commodities including food and water. Right now, FEMA has 20 million meals and 40 million liters of water ready to deploy to address ongoing Helene and Milton response efforts with capacity to expand as needed.
    The Department of Defense is ready to support air search-and-rescue efforts, support urban search-and-rescue teams, provide helicopters to move personnel and equipment, and provide high water vehicles. The U.S. Army Corps of Engineers is staged across the area of impact and is prepared to support debris management, assessments of infrastructure and water/wastewater facilities, temporary power installations, and flood/water mitigation efforts.
    Additional Efforts to Support Pre-Landfall Preparations and Protect Communities
    The National Oceanic and Atmospheric Administration (NOAA) is leveraging state-of-the-art technology to keep communities safe throughout the southeast. NOAA’s fleet of “Hurricane Hunter” aircraft gather vital data to help improve track and intensity forecasts, supporting the 24-7 work of the National Weather Service (NWS). NWS provides the real-time, accurate information that assists local meteorologists and emergency operations leaders protect their communities and combat weather misinformation. Additionally, data from reconnaissance planes and drones used to survey damage following Hurricane Helene’s landfall will help us better prepare for post-Milton recovery operations.
    The Department of Energy’s Energy Response Organization remains activated to respond to storm impacts. Via the Electricity Sub-Sector Coordinating Council and Oil and Natural Gas Sub-Sector Coordinating Council, the Department has been coordinating continuously with energy sector partners on both the ongoing Hurricane Helene response and potential impacts from Hurricane Milton.
    The Department of Housing and Urban Development (HUD) has notified local public housing authorities and owners of its assisted multifamily and heath care properties within the State of Florida to immediately implement all appropriate safety protocols for residents and workers. HUD is committed to ensuring that residents of its assisted homes and properties receive critical information that can save lives during extreme weather events. HUD is also conducting outreach and communications on the programmatic flexibilities and waivers that can be utilized to assist communities and survivors. Additionally, HUD is working with communities, shelter operators and homelessness services providers to prepare and support them—in collaboration with FEMA and disaster assistance organizations such as the Red Cross—as they provide life-saving assistance before and after the storm.
    The Department of Health and Human Services’ Administration for Strategic Preparedness and Response (ASPR) is assessing potential critical supply chain disruptions following Hurricane Helene’s impact on the IV solution supply chain. ASPR is coordinating with B Braun, an IV solution manufacturer with a facility in Daytona Beach, Florida, to move their product out of the path of the storm and facilitate other activities that will mitigate potential impacts on future distribution. ASPR and HHS partners are committed to continue working with public and private partners to support the supply chain as facilities address return to full operational capacity. ASPR is encouraging manufacturers, wholesalers, and distributors to evaluate product allocation and healthcare providers to implement product conservation strategies to maximize available supply. ASPR is in communication with stakeholders to reduce disruption and facilitate product allocation.
    Protecting Impacts to Power and Travel Infrastructure
    The Department of Transportation is deploying a Federal Aviation Administration (FAA) Air Traffic Field Incident Response team to Florida and pre-staging operations in Jacksonville to support any impacted towers and airports. The team will work with the State and local authorities and the Department of Defense within the established Emergency Operations Center. The Department of Transportation is also deploying the FAA Communication Support Team (CST), which plays a critical role in restoring communications at impacted air traffic management facilities. Specifically, the CST will set up Starlink and Mobile Phone Bonding kits, which increase signal stability and data throughout the region. The FAA Air Traffic Organization Technical Operations Team is on-site and leading the restoration efforts for communications at air traffic facilities. The FAA is placing aircraft on standby to transport personnel from various agencies, mobilize resources, and support damage assessments to infrastructure.
    The FAA granted permission to the utility Florida Power & Light to use large Teros drones to assist with damage assessments and power restoration after Milton passes. These 1,800-pound drones can fly in harsh conditions and operate in winds up to 70 mph before crewed aircraft are able to fly.
    The Department of Transportation’s Federal Highway Administration is coordinating with the Florida Department of Transportation (FDOT) and is prepared to rapidly process Emergency Relief (ER) funding requests from FDOT. The ER program helps pay for long-term, permanent repairs, and other immediate emergency repairs, such as protecting remaining facilities and restoring essential traffic. It reimburses State, local, federal, Tribal, and territorial governments for eligible expenses associated with damage from natural disasters or other emergency situations based on their requests.
    Hurricane Helene Response and Recovery
    The Department of Defense continues to support search-and-rescue operations, route clearance, and commodities distribution across western North Carolina with 1,500 active-duty troops. The Department of Defense is also employing additional capabilities to assist with increasing situational awareness across the remote terrain of Western North Carolina. The Army Corps of Engineers continues missions supporting temporary emergency power installations, infrastructure assessments, and debris management oversight.
    Mobilizing Financial Assistance and Surging Additional Personnel and Resources
    Over $344 million in assistance has been provided to Hurricane Helene survivors. President Biden approved a 100 percent Federal cost-share for Florida, Georgia, North Carolina, South Carolina and Tennessee to assist in those States’ response efforts. In North Carolina alone, FEMA has approved over $60 million in aid for more than 51,000 households.
    FEMA personnel and other Federal partners, including FEMA’s Surge Capacity Force, remain on the ground supporting impacted communities, with over 17.2 million meals and 13.9 million liters of water delivered and ensuring information is accessible, including resources in preferred languages and ASL.
    Over the course of the last two weeks, 1,000 Urban Search and Rescue personnel have assisted over 3,200 survivors. FEMA Disaster Survivor Assistance Teams are on the ground in neighborhoods in all Helene-affected States helping survivors apply for assistance and connecting them with additional State, local, Federal and voluntary agency resources.
    Supporting Infrastructure Recovery
    The U.S. Department of Transportation’s Federal Highway Administration announced over $130 million in Quick Release Emergency Relief funding to support North Carolina, South Carolina, and Tennessee. The funding represents a down payment to address the immediate needs to restore vital transportation systems in these states. Additional funding will flow to affected communities from the Emergency Relief program.
    The Federal Aviation Administration (FAA) worked with partners to ensure the national airspace returned to steady state operations and all airports across impacted states reopened. The FAA’s Security and Hazardous Materials Safety Communication Support Team was deployed to restore communications to impacted airports, including delivering satellite communications kits to the Asheville Regional Airport in North Carolina and ongoing work at Valdosta Regional Airport in Georgia. The FAA Air Traffic Organization Technical Operations Team is on-site and leading communications restoration efforts at air traffic facilities. FAA also supported FEMA with two aircrafts to conduct flyover assessments and transport emergency personnel and gear, such as satellite communications kits.
    Additionally, the Federal Motor Carrier Safety Administration issued Regional Emergency Declarations for Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. This Declaration affords emergency regulatory relief from Federal Motor Carrier Safety regulations, including maximum driving time for property- and passenger-carrying vehicles from the date of declaration. This allows truck drivers to get essential supplies to affected areas. The FMCSA Regional Declaration eliminates the need for each individual state to request a 14-day extension and allows FMCSA the ability to manage one declaration that includes all eight states and does not expire until October 27.
    NOAA continues to support post-disaster imagery flights following Hurricane Helene, already totaling over 68 flight hours during 20 flights, including over western North Carolina. NOAA is currently repositioning to support Florida and the impacts of Hurricane Milton. NOAA’s aerial imagery captures damage to coastal areas caused by a storm and aids safe navigation. Aerial imagery is a crucial tool to determine the extent of the damage from flooding, and to compare baseline coastal areas to assess the damage to major ports and waterways, coastlines, critical infrastructure, and coastal communities. This imagery not only supports FEMA and the broader response community, but the public at large.
    Supporting Students and Student Loan Borrowers
    The U.S. Department of Education is lifting up a series of resources for students, families, and borrowers impacted by these hurricanes. These resources include guidance, in person support, technical assistance, and peer-to-peer connections for state and local leaders; resources for recovery needs such as mental health support for students and educators; flexibilities to help institutions of higher education continue to manage the Federal financial aid programs; and automatically enrolling affected borrowers with missed payments into a natural disaster forbearance. Thanks to regulations issued by the Biden-Harris Administration, this forbearance will count toward Public Service Loan Forgiveness (PSLF) and income-driven repayment forgiveness.
    Providing Financial Flexibilities to Homeowners and Taxpayers
    The Department of Housing and Urban Development is providing a 90-day moratorium on foreclosures of mortgages insured by the Federal Housing Administration (FHA) as well as foreclosures of mortgages to Native American borrowers guaranteed under the Section 184 Indian Home Loan Guarantee program. The moratorium and extension are effective as of the President’s disaster declaration date in each state. When homes are destroyed or damaged to an extent that reconstruction or complete replacement is necessary, HUD’s Section 203(h) program provides FHA insurance to disaster victims. Borrowers from participating FHA approved lenders are eligible for 100 percent financing including closing costs. HUD’s Section 203(k) loan program enables individuals to finance the purchase or refinance of a house, along with its repair, through a single mortgage. Homeowners can also finance the rehabilitation of their existing homes if damaged. FHA is coordinating and collaborating with the Federal Housing Finance Agency, Department of Veterans Affairs and the Department of Agriculture to ensure consistent messaging and policies for single family loans regarding foreclosure moratoriums and repayment/arrearage agreements. Additionally, affected homeowners that have mortgages through Government-Sponsored Enterprises – including Fannie Mae and Freddie Mac – and the FHA are eligible to suspend their mortgage payments through a forbearance plan for up to 12 months.
    The Internal Revenue Service announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina and South Carolina and parts of Florida, Tennessee and Virginia. Taxpayers in these areas now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments. In addition, the Internal Revenue Service is providing more than 1,000 employees to help with FEMA disaster relief call lines and intake initial information to help disaster victims get federal relief. IRS Criminal Investigation agents are also on the ground in devastated areas to help with search and rescue efforts and other relief work – including assisting with door-to-door search efforts.
    Protecting Public Health
    The U.S. Department of Health and Human Services activated the Emergency Prescription Assistance Program for North Carolina to aid uninsured residents in replacing prescription medicines or certain medical equipment lost or damaged in Hurricane Helene.
    The U.S. Environmental Protection Agency is working closely with state and local officials to restore drinking water service in North Carolina and across the Southeast as well as provide assistance in debris and hazardous waste clean-up efforts.
    Supporting Workers and Worker Safety
    The U.S. Department of Labor announced initial emergency grant funding to Florida to support disaster-relief jobs and training services to help respond to Hurricane Helene. Additional grant funding for North Carolina is forthcoming. The National Dislocated Worker Grant – supported by the Workforce Innovation and Opportunity Act of 2014 – allows the Florida Department of Commerce to provide people with temporary disaster-relief jobs and the delivery of humanitarian assistance to address immediate, basic needs for those displaced by Hurricane Helene. The funding also enables the state to provide training and services to individuals in the affected communities.
    Working alongside the Department of Labor, the States of Florida, North Carolina, South Carolina, and Tennessee have all announced that eligible workers can receive federal Disaster Unemployment Assistance to compensate for income lost directly resulting from Hurricane Helene. And, through the Department of Labor’s innovative partnership with the U.S. Postal Service, displaced workers from North Carolina and South Carolina can now go to the post office in any other state and verify their ID for purposes of getting their benefits quickly.
    The Department of Labor is also working alongside on-the-ground personnel providing disaster relief, recovery, and rebuilding to prevent additional workplace disasters. This includes producing a worker safety training resource for resilience workers in Florida who are continuing to clear debris, rebuild infrastructure, and prepare for Hurricane Milton. This also includes activating the Wage and Hours Division Natural Disaster outreach, education and strategic enforcement program to provide employers and workers with the information they need to ensure everyone is paid correctly under the law.

    MIL OSI USA News

  • MIL-OSI Economics: Verizon’s Value Brands offers support to customers impacted by Hurricane Milton

    Source: Verizon

    Headline: Verizon’s Value Brands offers support to customers impacted by Hurricane Milton

    ALPHARETTA, GA – In response to Hurricane Milton’s forecasted impact on Florida, Verizon’s Value brands, including Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, Page Plus, and Verizon Prepaid are providing an initial relief offer to help affected customers.

    We are extending service end dates to October 23, 2024 for customers in the following Florida counties using Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus:

    Alachua, Brevard, Charlotte, Citrus, Clay, DeSoto, Flagler, Gilchrist, Glades, Hardee, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Levy, Manatee, Marion, Okeechobee, Orange, Osceola, Pasco, Pinellas, Polk, Putnam, Saint Johns, Saint Lucie, Sarasota, Seminole, Sumter, Volusia.

    Verizon will also waive domestic call, text, and data usage for Verizon Value Prepaid customers in the same counties.

    Customers do not have to take any action to take advantage of the offer.

    MIL OSI Economics

  • MIL-OSI Australia: Speech – Australian Technology Network 25th Anniversary Gala Dinner

    Source: Australian Executive Government Ministers

    Rankings are in the media today. And I have said this before, but I will say it again.

    When I think about the best universities in Australia, I don’t look at rankings.

    I look at what they do.

    And when I do that I see universities like you.

    Universities that are the real deal when it comes to fairness and opening the doors of opportunity.

    When it comes to helping more people from poor families and the regions to get a crack.

    Things that are important to me.

    On average only about 15 per cent of university students are from poor families.

    Across your six universities combined, it’s much higher than that.

    At universities like Newcastle, it’s as high as 24 per cent. At the University of South Australia, 25 per cent.

    That sort of university doesn’t just change the lives of the students they teach.

    It ricochets through generations.

    They transform communities.

    And I am going to give Newcastle a plug again, because there is no better example of that than their Open Foundation program.

    It’s been running now for 50 years.

    A free program that helps people who aren’t ready for uni to be ready.

    About 70,000 people in the last 50 years.

    One in five people who get a degree from Newcastle Uni today start with one of these free courses.

    People like Jennifer Baker.

    Jennifer was a mum at 19. She worked in hospitality for 10 years. One day, just by chance, she saw an ad in the paper for one of these free courses.

    Now she’s got a science degree, an honours degree, a PhD and a Fulbright scholarship.

    She’s a computational medicinal chemist.

    That’s what these courses do. That’s what I call a great university.

    And that’s what I am trying to replicate across the country with the legislation in the Parliament right now, that massively expands these Fee-Free Uni Ready Courses.

    This is supported by a funding injection in the Budget of an extra $350 million.

    I know you are doing a lot of the heavy lifting already.

    Reforms like this, and the ones to come, are because I want you to do even more.

    Of course, it’s not just equity that binds you together or makes you great.

    You can see it in your name.

    The ATN was formed 25 years ago from the five largest Institutes of Technology. And you are still focused on that mission.

    Still doing the heavy lifting when it comes to producing engineers in this country.

    But what makes you great in my eyes isn’t just what you are doing here at home.

    It’s what you are taking to the world.

    I am talking about the campuses you have set up around the world – from India to Vietnam, Singapore to Malaysia to Indonesia.

    You get that international education isn’t a one way street.

    That it shouldn’t just be about students coming here to study, but it can also be about taking what we do to them.

    Almost every one of you are doing this.

    And that tells me this a group of universities that doesn’t just expect things to happen, you go out and make it happen.

    There’s a bit happening at the moment.

    The international education legislation is being debated in the Senate this week.

    The first of the Accord Bills is being debated in the House.

    That’s the one that uncaps funding for those free university ready courses. It also wipes about $3 billion of student debt for three million Australians and introduces the Commonwealth prac payment.

    The second of the Accord Bills – the Bill that establishes a National Student Ombudsman, has just passed the House.

    I will also introduce legislation to establish a National Higher Education Code to Prevent and Respond to Gender-based Violence.

    And before the end of the year I will also set out the details of the next stage of the Accord.

    What the Australian Tertiary Education Commission will look like. And the details of managed growth and needs based funding.

    And that’s just higher ed.

    There is also legislation in the House to implement the 15 percent pay rise we announced for early educators a few weeks ago.

    And tomorrow I will introduce legislation to increase funding to our public schools.

    To remove the ceiling that stops the Australian government providing more than 20 percent of the funding needed for public schools, and make it a floor.

    To help finish the job that David Gonski started more than a decade ago.

    And to tie that funding to the sort of reforms that are needed to help more young people from poor families and from the regions to finish school and knock on your door.

    None of these reforms are easy.

    All of them are hard.

    And all of them are necessary.

    If we are going to really build a better and a fairer education system, these are the sorts of things we have to do.

    And you are an important part of that.

    You know like I do how important all of this is.

    That education is the most powerful cause for good in this country.

    That it’s the greatest tool we have to build a country where your chances in life don’t depend on who your parents are, where you live or the colour of your skin.

    A country that the Prime Minister describes as a place where no one is held back and no one is left behind.

    We can be that country.

    And our education system can make it real.

    But that means serious reform.

    The sort we are doing now.

    And more.

    And it will be better because of your input.

    Thank you for the work you do and for the constructive role you have played for the last 25 years.

    I look forward to continuing to work with you as we build a better and a fairer education system for all Australians.

    MIL OSI News

  • MIL-OSI Economics: Money Market Operations as on October 09, 2024

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 5,23,711.57 6.27 3.00-6.60
         I. Call Money 9,077.67 6.43 5.10-6.60
         II. Triparty Repo 3,74,188.00 6.26 6.20-6.46
         III. Market Repo 1,39,458.90 6.28 3.00-6.60
         IV. Repo in Corporate Bond 987.00 6.41 6.40-6.60
    B. Term Segment      
         I. Notice Money** 244.10 6.40 5.90-6.50
         II. Term Money@@ 143.50 6.60-6.90
         III. Triparty Repo 495.00 6.38 6.33-6.45
         IV. Market Repo 302.19 6.56 6.54-6.65
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Wed, 09/10/2024 1 Thu, 10/10/2024 4,085.00 6.75
    4. SDFΔ# Wed, 09/10/2024 1 Thu, 10/10/2024 53,102.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -49,017.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo Fri, 04/10/2024 14 Fri, 18/10/2024 44,275.00 6.49
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Tue, 08/10/2024 3 Fri, 11/10/2024 9,398.00 6.49
      Mon, 07/10/2024 4 Fri, 11/10/2024 36,825.00 6.49
    3. MSF#          
    4. SDFΔ#          
    5. On Tap Targeted Long Term Repo Operations Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
    6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
    Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
    Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
    Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
    Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
    D. Standing Liquidity Facility (SLF) Availed from RBI$       6,942.52  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -80,015.48  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,29,032.48  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on October 09, 2024 10,00,239.84  
         (ii) Average daily cash reserve requirement for the fortnight ending October 18, 2024 10,01,756.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 09, 2024 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on September 20, 2024 4,18,318.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad            
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/1258

    MIL OSI Economics

  • MIL-Evening Report: Is TikTok right? Can adding a teaspoon of cinnamon to your coffee help you burn fat?

    Source: The Conversation (Au and NZ) – By Evangeline Mantzioris, Program Director of Nutrition and Food Sciences, Accredited Practising Dietitian, University of South Australia

    Evannovostro/Shutterstock

    Cinnamon has been long used around the world in both sweet and savoury dishes and drinks.

    But a new TikTok trend claims adding a teaspoon of cinnamon to your daily coffee (and some cocoa to make it more palatable) for one week can help you burn fat. Is there any truth to this?

    Not all cinnamon is the same

    There are two types of cinnamon, both of which come from grinding the bark of the cinnamomum tree and may include several naturally occurring active ingredients.

    Cassia cinnamon is the most common type available in grocery stores. It has a bitter taste and contains higher levels of one of the active ingredient cinnamaldehyde, a compound that gives cinnamon its flavour and odour. About 95% of cassia cinnamon is cinnamaldehyde.

    The other is Ceylon cinnamon, which tastes sweeter. It contains about 50-60% cinnamaldehyde.

    Does cinnamon burn fat? What does the research say?

    A review of 35 studies examined whether consuming cinnamon could affect waist circumference, which is linked to increased body fat levels. It found cinnamon doses below 1.5 grams per day (around half a teaspoon) decreased waist circumference by 1.68cm. However, consuming more than 1.5g/day did not have a significant effect.

    A meta-analysis of 21 clinical trials with 1,480 total participants found cinnamon also reduced body mass index (BMI) by 0.40kg/m² and body weight by 0.92kg. But it did not change the participants’ composition of fat or lean mass.

    Another umbrella review, which included all the meta-analyses, found a small effect of cinnamon on weight loss. Participants lost an average of 0.67kg and reduced their BMI by 0.45kg/m².

    The effect appears small.
    Radu Sebastian/Shutterstock

    So overall, the weight loss we see from these high-quality studies is very small, ranging anywhere from two to six months and mostly with no change in body composition.

    The studies included people with different diseases, and most were from the Middle East and/or the Indian subcontinent. So we can’t be certain we would see this effect in people with other health profiles and in other countries. They were also conducted over different lengths of time from two to six months.

    The supplements were different, depending on the study. Some had the active ingredient extracted from cinnamon, others used cinnamon powder. Doses varied from 0.36g to 10g per day.

    They also used the two different types of cinnamon – but none of the studies used cinnamon from the grocery store.

    How could cinnamon result in small amounts of weight loss?

    There are several possible mechanisms.

    It appears to allow blood glucose (sugar) to enter the body’s cells more quickly. This lowers blood glucose levels and can make insulin work more effectively.

    It also seems to improve the way we break down fat when we need it for energy.

    Finally, it may make us feel fuller for longer by slowing down how quickly the food is released from our stomach into the small intestine.

    What are the risks?

    Cinnamon is generally regarded as safe when used as a spice in cooking and food.

    However, in recent months the United States and Australia have issued health alerts about the level of lead and other heavy metals in some cinnamon preparations.

    Lead enters as a contaminant during growth (from the environment) and in harvesting. In some cases, it has been suggested there may have been intentional contamination.

    Some people can have side effects from cinnamon, including gastrointestinal pain and allergic reactions.

    One of the active ingredients, coumarin, can be toxic for some people’s livers. This has prompted the European Food Authority to set a limit of 0.1mg/kg of body weight.

    Cassia cinnamon contains up to 1% of coumarin, and the Ceylon variety contains much less, 0.004%. So for people weighing above 60kg, 2 teaspoons (6g) of cassia cinnamon would bring them over the safe limit.

    What about the coffee and cocoa?

    Many people may think coffee can also help us lose weight. However there isn’t good evidence to support this yet.

    An observational study found drinking one cup of regular coffee was linked to a reduction in weight that is gained over four years, but by a very small amount: an average of 0.12kg.

    Good-quality cocoa and dark chocolate have also been shown to reduce weight. But again, the weight loss was small (between 0.2 and 0.4kg) and only after consuming it for four to eight weeks.

    So what does this all mean?

    Using cinnamon may have a very small effect on weight, but it’s unlikely to deliver meaningful weight loss without other lifestyle adjustments.

    We also need to remember these trials used products that differ from the cinnamon we buy in the shops. How we store and how long we keep cinnamon might also impact or degrade the active ingredients.

    And consuming more isn’t going to provide additional benefit. In fact, it could increase your risk of side effects.

    So if you enjoy the taste of cinnamon in your coffee, continue to add it, but given its strong taste, you’re likely to only want to add a little.

    And no matter how much we’d like this to be true, we certainly won’t gain any fat-loss benefits by consuming cinnamon on doughnuts or in buns, due to their high kilojoule count.

    If you want to lose weight, there are evidence-backed approaches that won’t spoil your morning coffee.

    Evangeline Mantzioris is affiliated with Alliance for Research in Nutrition, Exercise and Activity (ARENA) at the University of South Australia. Evangeline Mantzioris has received funding from the National Health and Medical Research Council, and has been appointed to the National Health and Medical Research Council Dietary Guideline Expert Committee.

    ref. Is TikTok right? Can adding a teaspoon of cinnamon to your coffee help you burn fat? – https://theconversation.com/is-tiktok-right-can-adding-a-teaspoon-of-cinnamon-to-your-coffee-help-you-burn-fat-240683

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: Luxury beauty brands refocus on brick-and-mortar retail in Southeast Asia, says GlobalData

    Source: GlobalData

    Luxury beauty brands refocus on brick-and-mortar retail in Southeast Asia, says GlobalData

    Posted in Consumer

    Despite the phenomenal growth of ecommerce during and after the COVID-19 pandemic, the premium beauty sector in Southeast Asia is experiencing notable growth within physical retail environments, through collaboration with omnichannel brand-builders. Companies can adapt to this trend and position beauty as a significant driver of revenue in their retail strategy, says GlobalData, a leading data and analytics company.

    Jaya Dandey, Consumer Analyst at GlobalData, comments: “The premium beauty sector in Asia’s physical retail is thriving, driven by a combination of strong consumer demand, innovative retail strategies, and an increasing emphasis on personalized shopping experiences. The high single-digit growth rates of prestige beauty categories is notable even in the context of broader retail performance, where beauty products are often seen as high-margin categories that outperform other areas such as food sales.”

    Tim Hill, Key Account Director, SE Asia, GlobalData, notes: “Consumers are becoming more discerning, not only regarding product quality, but also in terms of the shopping experience. They like to try multiple products in person before making an informed choice, especially in the premium domain where prices can run high. Though companies are eager to leverage these consumer preferences and enter the market, they sometimes face infrastructural challenges. A key strategy to overcome this is to partner with omnichannel players such as beauty ecommerce giants, which are increasingly moving into the physical retail space. Individual consultation stalls in these stores promote customer engagement with a wide variety of brands.

    “The ability to integrate online and offline experiences will be vital for survival in this rapidly changing landscape. Maintaining a robust omnichannel presence allows retailers to connect with consumers across various platforms, including online and physical stores. This strategy not only caters to different shopping preferences but also ensures that brands remain accessible to a wider audience. A hybrid approach allows these companies to leverage their online success while maintaining a physical presence, creating a seamless shopping experience for consumers.

    “Southeast Asia is home to a burgeoning upper middle class, who are eager to splurge on luxury beauty. They are more aware of international brands, and given their higher disposable incomes, they are willing to spend on premium beauty products. GlobalData 2024 Q2 Consumer Survey reflects this, wherein about 25% of respondents deemed low price as good value for money while purchasing beauty and grooming products, and a much higher 34% responded that high-quality ingredients represent more value for money^.”

    Luxasia, Southeast Asia’s leading network in beauty and luxury, has enabled market entry and penetration for several brands. It recently captured the Vietnamese market by launching escentials, an omni-retail concept for luxury fragrances, in one of the country’s prestigious malls. Similarly, premium skincare brand SK-II launched a unique concept store at the Mid Valley Megamall in Kuala Lumpur, Malaysia. Indian beauty ecommerce giant Nykaa is actively expanding its physical retail spaces across the nation.

    Dandey concludes: “By returning to the essentials of the beauty industry—where sensorial experiences are paramount—brands can cultivate customer loyalty in a competitive market. As the premium beauty sector evolves, embracing omnichannel strategies and personalizing experiences will not only ensure success but also foster enduring relationships with discerning consumers, shaping a vibrant future for beauty retail.”

    ^GlobalData 2024 Q2 Consumer Survey – Asia and Australasia, published in July 2024, with 6,506 respondents

    MIL OSI Economics

  • MIL-OSI Economics: Underwriting Auction for sale of Government Securities for ₹29,000 crore on October 11, 2024

    Source: Reserve Bank of India

    Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 11, 2024.

    As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

    (₹ crore)
    Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
    7.04% GS 2029 14,000 334 334
    7.34% GS 2064 15,000 358 358

    The underwriting auction will be conducted through multiple price-based method on October 11, 2024 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.

    The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/1260

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Study indicates significant shale gas generation potential in eastern South Karanpura coalfield, Jharkhand

    Source: Government of India

    Posted On: 10 OCT 2024 9:41AM by PIB Delhi

    Evidence from microscopic palynomorphs–, organic remains, combined with geochemical assessments have indicated significant potential for hydrocarbon generation in the eastern region of the South Karanpura coalfield in the Ramgarh district of Jharkhand. The eastern Sirka coalfield in this region have exhibited higher potential for hydrocarbon generation compared to the Giddi coalfield in the north.

    The South Karanpura coalfield, consisting of 28 major coal blocks, is well-established for its substantial deposits of workable coal. However, with the rising demand for energy and the growing interest in hydrocarbon exploration, the focus has increasingly shifted towards the potential for coal bed methane/shale gas (unconventional resource) generation within this region. This pursuit of green energy necessitates an environment conducive to hydrocarbon preservation, which is critical for the nation’s energy strategy.

    The potential for hydrocarbon generation within a source rock is largely determined by the concentration of organic matter, which is influenced by specific environmental conditions.

    To assess this potential, scientists from Birbal Sahni institution of Palaeosciences, Lucknow (BSIP), an autonomous institution of the Department of Science and Technology (DST) carried out a comprehensive study involving analysis of microscopic remains like pollen, spores, and certain microscopic organic matter (palynological), coupled with a laboratory procedure called Rock-Eval pyrolysis,  for assessing the potential of the rock samples in an open system through the cracking of the organic matter, on sediments from the Sirka and Giddi C areas of the Damodar Basin.  

    Samples were collected from coal, carbonaceous shale, and sandstone layers of freshly exposed quarry faces of Sirka Colliery and Giddi C Colliery of Argada area, Hazaribagh district of Jharkhand, respectively. Parameters such as palynofacies, free hydrocarbons (S1), heavy hydrocarbons (S2) pyrolyzable carbon (PC), residual hydrocarbon (RC), were analysed in the samples.

    These collected sediments, belonging to the Permian (Barakar) deposits, point to favourable conditions for high hydrocarbon resource potential in the eastern region of the South Karanpura coalfield.

    This research published in Journal of Asian Earth Sciences-X provides essential insights that can guide future exploration efforts, contributing to energy resource development and national energy security. More detailed study is required for the confirmation of the economic exploration.

    https://doi.org/10.1016/j.jaesx.2024.100181

     

    Fig.1 Geological map of South Karanpura Basin, showing the location of investigated fossil locality

    Fig.2 Ternary plot showing the distribution of the various palynofacies components in the Sirka and Giddi C area.

    Fig. 3 A bivariate graph showing the genetic potential in the source rock of South Karanpura Coalfield.

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