Category: KB

  • MIL-OSI Europe: The EBA publishes its draft final technical standards on reporting of data on charges for credit transfers and payments accounts, and shares of rejected transactions

    Source: European Banking Authority

    The European Banking Authority (EBA) today published its final draft Implementing Technical Standards (ITS) on reporting of data on charges for credit transfers and payments accounts, and shares of rejected transactions. The ITS deliver on the mandate in the Instant Payment Regulation (IPR) amending the SEPA Regulation, and aim at standardising reporting from banks, payment institutions and e-money institutions (i.e. Payment Service Providers – PSPs) to their National Competent Authorities. The reported data will help to ensure consumers benefit from access to instant credit transfers, and that the latter are no longer more expensive than regular credit transfers. Following its public consultation, the EBA has postponed the first harmonised reporting from PSPs by 12 months, from April 2025 to April 2026.

    The ITS specify uniform reporting templates, instructions, and methodology for the purpose of reporting of charges for credit transfers, payment accounts and shares of rejected transactions due to the application of the EU sanctions regime.

    In developing the ITS, the EBA has sought to find the appropriate balance between the competing aims of obtaining the data required for a robust analysis of the impact of the amended SEPA Regulation on the pricing of payment accounts and credit transfers, and the shares of rejected transactions, on the one hand, and the need to avoid an excessive reporting burden for the industry on the other.

    The ITS will also support the European Commission in monitoring whether consumers benefit from access to instant credit transfers, and that instant credit transfers are not more expensive than regular credit transfers.

    As part of reducing the burden on the industry, and in response to comments received to the consultation, the draft final ITS postpone the deadline set in the amended SEPA Regulation for the first harmonised reporting by 12 months, to April 2026, and the subsequent reporting from the National Competent Authorities to the EBA and the European Commission to October 2026. The additional 12 months will provide sufficient time for the European Commission to adopt the EBA’s final draft ITS, and for the EBA to develop the taxonomy, datapoint model and validation rules, which the industry then needs to implement. Until the first reporting, National Competent Authorities should deprioritise collecting data from the PSPs, discourage institutions from providing unharmonised reporting prior to the availability of the EBA’s taxonomy, datapoint model and validation rules, and not take enforcement action in relation to PSPs that do not report in 2025.

    Legal basis, background and next steps

    Article 15(5) of the SEPA Regulation stipulates that “The EBA shall develop draft implementing technical standards to specify uniform reporting templates, instructions and methodology on how to use those reporting templates for the purposes of reporting as referred to in paragraph 3. 

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Salford City Council confirms new Interim Executive Director for Children’s Services

    Source: City of Salford

    Salford City Council has confirmed that Becky Bibby has been appointed as the new interim Executive Director for Children’s Services. She will begin her new role from Monday 3 February.

    She will take up the position following a recent internal recruitment process, with the position being vacated by Melissa Caslake, who has now been appointed as Interim Chief Executive, following the departure of Tom Stannard. Both positions are significant statutory roles, with the appointments bringing continuity to the organisation and ensuring that the council fulfils its statutory responsibilities. 

    Becky joined Salford City Council in 2009, initially as Education and Childcare Strategy Manager for Children’s Services Early Years. Since then, she has also been Head of Service for Starting Life Well and Helping Families, before her current role as Director for Early Help and School Readiness. Prior to joining Salford City Council, she started her career initially as a Nursery Nurse, before taking up a role in Children’s Services at Tameside Council.  

    Her focus will now be on achieving UNICEF accredited Child Friendly City status for Salford, guiding the service through possible upcoming inspections and a key piece of work around lobbying for SEND educational provision in the city. 

    As part of the vision to creating a fairer, greener, healthier and more inclusive city as outlined in the council’s corporate plan This is our Salford, there is a commitment to prioritise support for children and young people. This includes a focus on educational improvement and children and young people’s development. 

    Recent activity to support this includes the development of a Literacy Hub, bringing the Dolly Parton Imagination Library to Little Hulton and the new soon-to-be completed Youth Zone. In addition, the council has retained Youth Service provision and the five Salford Family Nurseries it operates, it is currently reviewing its Local Cultural Education Partnerships (LCEP) and is developing a new a sports and leisure strategy for the city, with children and young people at its heart.

    Paul Dennett, Salford City Mayor, said: “I’m delighted to welcome Becky into this role. Since joining Salford City Council, she has worked tirelessly to champion the needs of children and young people, with a focus on support for early intervention and prevention for children, young people, and families. She has successfully led integrated locality-based children, young people and families’ resources and functions that deliver effective early help and early years services across the city.

    She has led the improvements to Salford Families Nurseries and plays a key role in our ambition to become a UNICEF accredited Child Friendly City. She is also an integral part of the management team which received a successful OFSTED inspection, with the service being rated as ‘good’ with ‘outstanding’ leadership and care leaver support. 

    Melissa Caslake, Interim Chief Executive at Salford City Council added “Becky has a great affinity with the council, the city and its children and young people. with over 15 years of experience and service to our city, she brings a wealth of knowledge to the position and an understanding of the continued work required to deliver quality services to our children and young people as well as the challenges the service faces.” 

    New Interim Executive Director for Children’s Services, Becky Bibby said “This is a huge honour to be taking up this position and working to support and champion the needs of Salford’s children and young people. I am committed to building on the great work we have already developed across the service, and I look forward to working alongside Melissa Caslake, elected members and with colleagues to ensure we support our city’s youngest and most vulnerable residents.”

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    Date published
    Tuesday 4 February 2025

    Press and media enquiries

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK government seeks out quantum industry experts for advisory board to accelerate deployment of game-changing technology

    Source: United Kingdom – Government Statements

    Key specialists are being called upon to join a board advising the UK government in seizing the transformative potential of quantum technologies today.

    • UK’s leadership on breakthrough quantum tech celebrated as the International Year of Quantum begins today
    • DSIT is looking for experts from industry and academia to advise on how to further accelerate the benefits of quantum for the UK
    • UK delegation, led by National Technology Advisor Dave Smith, will visit the UNESCO HQ in Paris to celebrate 100 years of quantum breakthroughs and the subsequent benefits, from drug discoveries to boosts in cybersecurity

    Key specialists are being called upon to join a board advising the UK government in seizing the transformative potential of quantum technologies today (Tuesday 4 February).  

    An Expression of Interest (EOI) has now launched for new members to join DSIT’s Quantum Strategic Advisory Board (SAB).  

    The recruitment push comes as a UK delegation is set to fly the flag for British quantum at a global event in Paris celebrating quantum’s remarkable impact on the world in the past century. 

    With at least 160 companies active up and down the country, the UK is home to the second largest quantum sector globally, strongly supported by investment from the public and private sectors. 

    To raise awareness of how quantum innovations are improving our lives by driving growth, creating jobs and delivering breakthroughs in fields like healthcare, UK officials, led by the National Technology Advisor, will mark the start of the International Year of Quantum in Paris today. 

    The event, convened by UNESCO, marks 100 years since the initial development of quantum mechanics, and brings together the leading lights in the field from across the entire world to exchange ideas and showcase best practices in quantum science education, research and industry applications.   

    Quantum technologies harness the unique properties of subatomic particles to process information and solve pressing problems in a new way. New innovations in quantum, such as improved health diagnostics and future proofing cyber security to make our streets safe, will help drive the government’s Plan for Change.   

    To seize the potential of this technology and support the UK’s vision to be a leading quantum-enabled economy, DSIT is expanding and bolstering its Quantum Strategic Advisory Board.  

    UK Science Minister Lord Vallance said:  

    Joining the Quantum Advisory Board is a great opportunity for those who understand the potential of quantum best to help harness the benefits of quantum for the economy and society.

    This government restates its commitment to quantum science and technology and the advice of the Board will be invaluable as we continue to play a key role in ensuring the UK maintains its leadership in this area.

    UK National Technology Advisor, Dave Smith said: 

    It’s only right that in 2025 we are celebrating quantum’s transformative potential. From telecommunications to improved medical imaging, quantum science and technology has been central to the groundbreaking innovations of this century.

    The future innovations that could emerge from this technology will help us to benefit from the enlightened combination of long-term partnership from academia, government and the private sector. They will benefit all of us in our daily lives and grow brilliant UK companies and create jobs.

    Leading experts from academic and industry can apply to join the Board, chaired by Sir Peter Knight, and advise the UK government on quantum technologies, contributing to the implementation of the National Quantum Strategy.   

    As a critical technology that offers solutions in almost every sector, from healthcare to energy, quantum will form an important part of the government’s forthcoming industrial strategy. 

    Notes to editors 

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Updates to this page

    Published 4 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: Interim report 2: Report on the National Nuclear New-build Coordinator’s mission regarding the expansion of nuclear power in Sweden – January 2025

    Source: Government of Sweden

    Interim report 2: Report on the National Nuclear New-build Coordinator’s mission regarding the expansion of nuclear power in Sweden – January 2025 – Government.se

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    The National Nuclear New-build Coordinator’s second interim report
    provides a clarified recommendation on how a programme organisation may be designed. The coordinator recommends the establishment of a stateowned company that invests in new nuclear power capacity. By investing in several projects that get financial support from the state’s financing model, lock-in effects regarding learning can be avoided. In this way, a higher costefficiency and a more responsible use of tax-payers money can be achieved.

    The coordinator also proposes regional cooperation with neighbouring
    countries regarding skills and supply chains.

    The report also provides a follow-up of activities of the National Nuclear
    New-build Coordinator since the previous interim report (June 2024), a
    summary of ongoing activities for new nuclear power and an assessment of
    the possibility to fulfil the goals in the Swedish Government’s roadmap for
    new nuclear power.

    MIL OSI Europe News

  • MIL-OSI: Decentralized Privacy Centric Search Engine Presearch Launches “NSFW” Spicy Mode Search Experience

    Source: GlobeNewswire (MIL-OSI)

    Toronto, Feb. 04, 2025 (GLOBE NEWSWIRE) — Presearch (www.presearch.io), the privacy-centric, non-profiling meta-search engine, announced today the launch of a free “Spicy” NSFW adult search service. Building on the successful Presearch Takeover Advertising (PTA) format, this new offering creates a privacy-focused space where adult products, services, and creators can connect with audiences. It’s already achieving click-through rates 10 times higher than those of traditional takeover ads. Established industry leaders have already enthusiastically joined the platform including Lovense, Stripchat, Subseeker, OnlyFinder, Creatr.uk and OnlyTraffic.

    By toggling the chili-pepper icon in the Presearch search bar and confirming they are the legal age of consent, users can select the NSFW “after hours” search experience with adult-oriented registered wallpaper style takeover ads that rotate in the background.  The “Spicy” feature, available now for Presearch users, empowers those who opt in to access curated content from advertisers in the adult industry, including OnlyFans creators, cam models, dating platforms, adult toys and sexual wellness products.  A dedicated OnlyFans creator search feature, unavailable directly on the OnlyFans platform, will also be seamlessly integrated. 

    This initiative upholds Presearch’s commitment to user empowerment, anonymity and ethical advertising by providing a non-judgmental, non-profiling, tracker free space for adult-focused brands to promote their offerings free from stigma or restrictive policies commonly found. 

    “The history of the internet wouldn’t be possible without adult brands, from Minitel Rose to OnlyFans,” said Presearch.com CEO Tim Enneking. “The new spicy ‘NSFW’ option for Presearch allows qualified users to engage with this sex-positive content if they wish, while finally providing a safe-space for adult content creators, products and services to advertise freely and thrive.”

    Presearch ensures age safety through periodic age verification while adhering to privacy-respecting practices that never associate user behavior with identity or IP addresses. Additionally, Presearch complies with the RTA (Restricted to Adults) industry standard. 

    “I’m 1,000% confident that once users—especially remote workers and digital nomads—experience this new search paradigm, they’ll never want to go back to basic, boring search again,” said Brenden Tacon, Business Development Lead at Presearch. “We’re offering users a unique, enticing, and pleasurable search experience while fostering inclusivity and freedom of expression, which all aligns with the Presearch Ethos. At the same time, we’re addressing a major void in the market and meeting a significant demand by providing advertisers in the adult industry with a critical platform.”

    Presearch Takeover Advertising has become a game-changer in the industry, empowering brands by eliminating invasive tracking methods and offering advertisers a unique opportunity to reach privacy-conscious users. By expanding into the NSFW space, Presearch opens new doors for adult brands often excluded from mainstream advertising platforms, ensuring they can reach their audience without compromising ethical standards.

    The “Spicy” NSFW feature is available now. Advertisers and users interested in learning more can visit Presearch’s Advertising page: https://presearch.io/advertise.

    About Presearch
    Presearch.com offers a privacy-focused, non-profiling search experience with results comparable to leading search engines. Its search-to-earn model rewards users with PRE tokens for every search, creating a unique value proposition. Powered by a decentralized node infrastructure, Presearch promotes fairness and mitigates biases in search outcomes unlike conventional platforms that may prioritize self-serving content and suppress others. With a loyal community, the platform serves nearly 12 million searches per month.

    MEDIA CONTACT: 
    presearch@transformgroup.com

    The MIL Network

  • MIL-OSI Economics: Samsung Galaxy Studio Comes to Canal Walk

    Source: Samsung

    Samsung has brought an exciting interactive experience to Canal Walk Shopping Centre with the Galaxy Studio, which opened on 31 January 2025. The studio is offering visitors the chance to step into the future – an immersive space where technology and creativity collide, showcasing the latest in Galaxy AI innovation.
     
    At Galaxy Studio, guests can get an exclusive hands-on preview of the newly launched Samsung Galaxy S25 Series –  a true AI companion – set to redefine the future of mobile technology. Unveiled on 22 January 2025, the Galaxy S25 Series learns from your daily habits and routines, adapting to fit seamlessly into your life. It’s not just a phone – it’s your next mobile assistant that empowers you to make every day extraordinary.
     

     
    With the new One UI 7.0, the Galaxy S25 Series is designed to elevate your mobile experience by personalising your interactions, simplifying tasks, and enhancing every aspect of your daily routine. Studio visitors will be treated to live demonstrations of the phone’s unique AI features, showing how Samsung’s cutting-edge mobile technology makes every day easier, smarter, and more efficient. From AI-enhanced intuitive features to smart personalisation, this device will turn your idea of what a phone can do on its head.
     
    At Galaxy Studio, visitors can engage directly with the technology and witness its transformative power in real time. You can explore Samsung’s AI-driven camera features, capture your moments, and watch as they’re enhanced instantly, giving you the chance to share your stunning creations on social media.
     

     
    One of the Galaxy Studio highlights is a demonstration of the phone’s powerful camera in a concert scenario in the Nightography Booth. Guests will be able to capture their thrilling moment as a DJ at a ‘concert/live event’. Galaxy Studio is more than just a space to see the Galaxy S25 Series in action; it’s an immersive world that highlights how AI can reshape everything from how we capture memories to how we stay connected. Whether you’re snapping photos, organising your day, or learning how Galaxy AI simplifies your life, this is an experience you won’t want to miss.
     
    Dates: 31 January – 16 February 2025Location: Galaxy Studio, Canal Walk, Century City, Cape TownAdmission: Free
     

     
    Dynamic radio presenter, event MC, writer, and media personality, Sibongile Mafu, will be making an appearance as a guest at the Galaxy Studio on Saturday, 01 February, to also witness for herself the magical mobile AI innovation that is the Galaxy S25 Series.
     
    For more information and updates, follow Samsung South Africa on social media – @SamsungmobileSA (X, Instagram), Samsung South Africa (Facebook).

    MIL OSI Economics

  • MIL-OSI Video: UK Watch live: Lords debates Renters’ Rights Bill

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

    Members discuss abolishing fixed term assured tenancies and assured shorthold tenancies.

    Find out more and see who’s taking part https://www.parliament.uk/business/news/2025/january/renters-rights-bill-on-lords-agenda/

    Catch-up on House of Lords business:

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

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

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

    #HouseOfLords #UKParliament

    https://www.youtube.com/watch?v=_A5C4gH89LA

    MIL OSI Video

  • MIL-OSI United Kingdom: Local government expenditure and income in 2023-24

    Source: Scottish Government

    A National Statistics Publication.

    The Chief Statistician has released figures on local government finance in 2023-24. These figures provide a comprehensive overview of the financial activity of local government, including revenue expenditure and income; capital expenditure and financing; reserves; debt; and pensions.

    Revenue expenditure is the cost of delivering services each year. Local authorities’ net revenue expenditure in 2023-24 was £14,296 million. Education and Social Work were the services with highest net revenue expenditure, accounting for £6,960 million and £4,604 million respectively.

    Net revenue expenditure on Central Services increased by 103.2 per cent, or £352 million, between 2022-23 and 2023-24. Of this increase, £260 million was due to Equal Pay payments that were made by Glasgow City Council during 2023-24.

    Capital expenditure is expenditure that creates the buildings and infrastructure necessary to provide services, such as schools and roads. Local authorities incurred £3,689 million of capital expenditure in 2023-24. This was predominantly financed by grants and contributions of £1,704 million and borrowing of £1,640 million.

    Usable reserves are local authorities’ surplus income from previous years which can be used to finance future revenue or capital expenditure. At 31 March 2024, local authorities held £4,258 million of usable reserves.

    When local authorities borrow money or use credit arrangements to finance capital expenditure, a debt is created which has to be repaid from future revenues. In 2023-24, as a result of the statutory flexibility granted by Ministers, local authorities made debt repayments of minus £67 million. That is, rather than repay debt, they received a windfall of £67 million as a result of the service concession flexibilities.

    Background

    Scottish Local Government Finance Statistics (SLGFS) 2023-24 is based on final, audited figures provided by local authorities (where available, or draft accounts if these have not yet been audited).

    Further information on Local Government Finance statistics publications and data collections can be found on the Scottish Government website.

    These statistics have been produced in accordance with the Code of Practice for Statistics.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: #ItsNotOK – sexual violence victims urged to seek support

    Source: City of Wolverhampton

    Sexual Abuse and Sexual Violence Awareness Week, which began yesterday (Monday 3 February), is the UK’s national week to raise awareness of these crimes and, using the hashtag #ItsNotOK, encourages people to raise awareness and help get more coverage of this important subject.

    Councillor Jasbir Jaspal, the City of Wolverhampton Council’s Cabinet Member for Adults and Wellbeing, said: “It’s Not OK to have to deal with sexual abuse or sexual violence. It’s Not OK to suffer in silence. And It’s Not OK to have to deal with it on your own.

    “This Sexual Abuse and Sexual Violence Awareness Week, we want victims to understand that no matter what happened, you deserve support – it wasn’t your fault, we’ll listen to you, and we’ll believe you.”

    Rape Crisis England and Wales runs a 24/7 Rape and Sexual Abuse Support Line providing specialist support to anyone aged 16 and over who has experienced something sexual that they didn’t want, didn’t consent to or is feeling confused about, no matter when or where it happened. Call 0808 500 2222 or visit Abuse Support Line.  

    There are a wide range of services in the West Midlands which offer guidance and support to anyone who has experienced rape, sexual violence and childhood sexual abuse including The Haven Wolverhampton (details at https://www.havenrefuge.org.uk/), Black Country Women’s Aid (https://blackcountrywomensaid.co.uk/) and a number of other organisations (details at Support after rape and sexual assault).

    And the West Midlands Police and Crime Commissioner’s No Excuse For Abuse website includes details of a range of support services including charities, refuges and specialist support for LGBTQ+ and male victims.

    People can report sexual abuse or violence to West Midlands Police by calling 101 for non-emergencies or via Live Chat online. Dial 999 if a sexual assault has just taken place or someone is in immediate danger.

    Sexual Abuse and Sexual Violence Awareness Week runs until Sunday (9 February, 2025). For more information, visit Sexual Abuse and Sexual Violence Awareness Week.

    MIL OSI United Kingdom

  • MIL-OSI: Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for January 2025 of its Virtune Crypto Top 10 Index ETP, the first crypto index ETP in the Nordics

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, 4th of February 2025 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

    In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:  

    Virtune Bitcoin ETP
    Virtune Staked Ethereum ETP
    Virtune Staked Solana
    Virtune Staked Polkadot ETP
    Virtune XRP ETP
    Virtune Avalanche ETP
    Virtune Chainlink ETP
    Virtune Arbitrum ETP
    Virtune Staked Polygon ETP 
    Virtune Staked Cardano ETP
    Virtune Crypto Altcoin Index ETP

    Index allocation as of 31st of January (before rebalancing):

    Bitcoin: 39.74%
    Ethereum: 30.80%
    XRP: 14.03%
    Solana: 8.75%
    Cardano: 2.75%
    Chainlink: 1.37%
    Avalanche: 1.23%
    Litecoin: 0.75%
    Uniswap: 0.59%

    Index allocation as of 31st of January (after rebalancing):

    Bitcoin: 40.00%
    Ethereum: 30.59%
    XRP: 13.72%
    Solana: 9.46%
    Cardano: 2.62%
    Chainlink: 1.23%
    Avalanche: 1.12%
    Litecoin: 0.69%
    Uniswap: 0.57%

    In connection with this month’s rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Top 10 Index ETP SEK outcome for January was +7.42%.

    The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.

    In January, the crypto market showed mixed performance. Bitcoin increased by +9.54%, while Ethereum declined by -1.28%. However, some altcoins performed stronger, such as XRP, which rose by +46%, and Solana by +22.3%.
    The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in January:

    XRP +46%
    Chainlink +25.3%
    Litecoin +24.3%
    Solana +22.3%
    Cardano +11.6%
    Bitcoin +9.54%
    Ethereum -1.28%
    Avalanche -3.72%
    Uniswap -11.1%

    Virtune’s crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.

    If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com. You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune’s upcoming ETP launches and other news related to digital assets.

    Press contact

    Christopher Kock, CEO Virtune AB (Publ)
    Christopher@virtune.com
    +46 70 073 45 64

    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

    The MIL Network

  • MIL-OSI United Kingdom: Northern Ireland firm expands into new markets after new partnership between UKEF and Ulster Bank

    Source: United Kingdom – Government Statements

    UKEF’s support helping Maxflow gain access to capital through its General Export Facility (GEF) will see the business expand into new export markets.

    Ryan Wylie, Managing Director of Maxflow, and Leona McNicholl, Senior Relationship Manager at Ulster Bank

    • Maxflow supplies Northern Ireland-made industrial pressure washers, generators, parts and pressure-washing accessories, and is aiming to reach new export markets.

    • Maxflow Power Products Limited is the first company in Northern Ireland that has been awarded UKEF-backed facility from Ulster Bank.

    Maxflow, a Northern Ireland-based manufacturer of industrial pressure washers and power products, is accelerating its growth with a finance package issued by Ulster Bank and guaranteed by UK Export Finance (UKEF), the government’s export credit agency. This partnership supports Maxflow to expand its operations, enter new export markets, and grow its customer base.

    With over 25 years of industry experience, Maxflow’s ability to grow as a business has been furthered by UKEF and Ulster Bank’s financial support which also recently included a multi-million pound support package for a Management Buy Out (MBO). 

    This has enabled better management of cash flow-related challenges, often associated with scaling operations and meeting customer demand. With this support, Maxflow can maintain high stock levels, ensuring consistent availability for its customers and reinforcing its reputation as a reliable supplier in a competitive market.

    With significant revenue coming from exports, entering new export markets presents exciting new opportunities for growth.

    This is the first time that Ulster Bank and UKEF have worked in partnership to issue a trade loan facility for a Northern Ireland business. The loan facility was guaranteed through UKEF’s General Export Facility (GEF), a product which helps SME exporters to access more working capital and scale up their operations. Through the GEF scheme, SMEs accessed over £576 million in working capital loans in the last financial year.

    Liz McCrory MBE, UKEF Export Finance Manager for Northern Ireland, added:

    We are proud to support Maxflow as they build on their success. UKEF’s collaboration with Ulster Bank in this working capital finance deal is a prime example of how our General Export Facility can boost the confidence of SMEs in Northern Ireland to achieve their growth ambitions and venture into new export markets.

    Ryan Wylie, Managing Director of Maxflow, commented:

    We couldn’t be more excited about Maxflow’s growth. Our commitment to exceptional customer service is at the heart of everything we do. We pride ourselves on being a reliable, go-to partner, ensuring our customers can always count on us to deliver exactly what they need, when they need it.

    Expanding into new geographical markets is a transformative step for Maxflow, and the support from Ulster Bank and UK Export Finance has been crucial in helping us seize this opportunity. The ability to manage cash flow effectively while maintaining high stock levels has allowed us to meet the demands of this new market and position ourselves for sustained growth.

    Maxflow’s expansion also includes significant investment in infrastructure. A new factory is currently under construction, with phase one expected to be completed by 2025. This facility will consolidate operations, streamline logistics, and enhance efficiency, supporting Maxflow’s long-term growth plans.

    Maxflow is creating new job opportunities in Cookstown, Northern Ireland through investing in a new factory. With a team of 25 employees and ongoing expansion, the company remains dedicated to being a market leader in industrial power product solutions.

    Leona McNicholl, Senior Relationship Manager at Ulster Bank, commented:

    We’re proud to support Maxflow as they take this exciting step to expand their operations into new export markets. This milestone highlights the importance of providing businesses with the right financial tools to achieve their growth ambitions. Ulster Bank remains committed to supporting Northern Ireland’s businesses, helping them seize new opportunities and grow and this is very evident in the level of support provided to Maxflow in their growth plans through working capital facilities as well as supporting the recent MBO.

    Maxflow’s story showcases how strategic financial partnerships, infrastructure investments, and a focus on customer-centric operations can drive significant growth. As the company continues to expand, it remains committed to its vision of being a market leader in industrial power product solutions.

    Contact 

    Media enquiries:

    Updates to this page

    Published 4 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: Final terms for bonds to be listed 7th February 2025

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen A/S                        4th February 2025
                                            Announcement no. 12/2025

    Final terms for bonds to be listed 7thFebruary 2025

    On 7th February 2025, Jyske Realkredit A/S will be listing new Covered Bonds (SDO). Final terms for the bonds are attached to this announcement.

    The full prospectus for the Bonds consist of the attached final terms and the previously disclosed ”Base Prospectus for the issue of Covered Bonds (SDO), Mortgage bonds (“RO”) and Mortgage Bonds (RO) and bonds issued pursuant to Section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act (Section 15 Bonds).”, dated June 28th, 2024.

    Jyske Realkredit’s base prospectus is available on Jyske Realkredit’s home page jyskerealkredit.com

    Yours sincerely,
    Jyske Realkredit A/S

    www.jyskerealkredit.com

    Please observe that the Danish version of this announcement prevails.

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: Scottish Greens made budget fairer, greener and better for Scotland

    Source: Scottish Greens

    This budget makes vital progress on child poverty and climate action.

    More children will be fed, buses will be cheaper and nature will be protected as a result of changes made to the Government’s budget by the Scottish Greens, says the party’s finance spokesperson Ross Greer ahead of a debate and vote taking place today.

    Through negotiations late last year the Scottish Greens secured record investment in climate action, a funding increase for local services including schools, social care and bin collections, free ferry travel for young islanders and free bus travel for asylum seekers. They also increased the tax paid when buying a second or holiday home, giving a boost to first-time home buyers.

    And last week it was announced that the Greens had also secured free school meals for thousands more S1-S3 pupils, more funding for nature restoration and a year-long trial where bus fares in one region of the country will be capped at no more than £2.

    Mr Greer said:

    “As a direct result of Green negotiations, this budget will lift more children out of poverty, make buses cheaper and help tackle the climate crisis.

    “No child should be hungry at school, and the extra meals secured by Green MSPs will take us one step closer to eradicating that hunger completely. This builds on the extension of universal free school meals to P4 and P5 which the Scottish Greens delivered a few years ago.

    “We are determined to make it cheaper to get the bus. That’s why we will launch a year-long trial in one region where bus fares are capped at £2, something we are confident will be successful enough to then roll out across all of Scotland.”

    Mr Greer added:

    “There is a huge contrast between everything the Scottish Greens have delivered for people and planet, and a Scottish Labour Party who allowed the SNP’s budget to pass without securing a single change of their own. 

    “While others played silly games, Green MSPs worked to support families in poverty and protect our natural environment.”

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Opening of He Kura Toi Tangata: 50 years of the Waitangi Tribunal

    Source: New Zealand Governor General

    Toitū Kāhui tangata

    Ka Haea te ata,

    ka Hāpara te ata

    Ka korokī te manu

    Ka wairori te kutu

    Ko te ata nui, ka horaina

    Ka Taki te umere,

    He po, he po, he ao

    ka awatea.

    E koro, ….Matiu,

    Kua tatū mai ō rahi ki te whakanui i te kaupapa o te rā, arā , Te Taraipiunara o Waitangi rima te kau tau ki muri, whakaara mai ai.

    Hoki wairua mai!, Hoki wairua mai!

    Hoki wairua mai!

    Koutou, tātou kua tatū mai i runga i te reo karanga o te rā,

    Tēnā koutou, tēnā koutou, tēnā tātou katoa

    [Be alert for this is a gathering of great significance. As the dawn breaks, and we hear the birds call, we move from the time of darkness to the new era of enlightenment. Each new dawn enables us to embrace new knowledge, to be inspired by the possibilities that rise in front of us.

    Matiu(Rata) We have arrived to celebrate 50 years of the Waitangi Tribunal, which was begun under your watch. Return in spirit to embrace your people, as we celebrate its journey.]

    To one and all gathered here today, greetings.

    I specifically acknowledge:

    Distinguished members of the judiciary, including the Honourable Chief Justice Helen Winkelmann, Chief Justice of New Zealand, and

    The Honourable Chief Justice Debra Mortimer, Chief Justice of the Federal Court of Australia,

    Ministers of the Crown,

    Members of Parliament,

    Ngati Kawa, Ngati Rahiri, Ngati Hine and Ngati Kuri representatives,

    Bishop Te Kitohi Pikaahu and Dame Claudia Orange.

    I am truly honoured to take part in the opening of this exhibition commemorating the first 50 years of the Waitangi Tribunal.

    How fitting that He Kura Toi Tangata begin its tour of Aotearoa here in Waitangi – te pito te whenua – where Te Tiriti, the foundational document for the Tribunal’s work, was conceived in its English and te reo Māori iterations – and was signed by rangatira, as well as my earliest antecedent in this role, Captain William Hobson.

    Kō ngā tahu ā ō tapuwai inanahi, hei tauira mō āpōpō. The footsteps laid down by our ancestors create the paving stones upon which we stand today.

    Retrospectives challenge us to consider and compare how we were in the past, with how we are today. This exhibition will prompt us to reflect on the impacts and achievements of the Waitangi Tribunal over the past 50 years, and the ways they are woven through our story as a nation.

    From its small beginnings; to the gradual additions to its powers, Members and support staff; to its ground-breaking reports – the Tribunal has become a vital forum for the airing of concerns about a wide range of issues; for the seeking of redress for past wrongs; and for exploring the meaning of Te Tiriti as it pertains to the contemporary world.

    The Tribunal has achieved so much, whether it be in greater public awareness of Te Tiriti and te ao Māori, in contributions to legislative development and new institutions, and of course, in the Treaty Settlement process.

    Tonight, I particularly want to pay homage to those claimants who spent many decades of their lives toiling on behalf of their hapu or iwi – often at great personal cost – and sometimes not living long enough to see the resolution of those claims.

    In addition, I want to acknowledge all who have been involved in working with the Tribunal, including those behind the scenes. Sir Doug Graham observed that the Treaty Settlements in the 1990s would not have been possible without the Tribunal’s research and deliberations – which, incidentally, included research undertaken by our current Minister of Justice, the Honourable Paul Goldsmith, during his time with the Tribunal. The research done by, and presented to the Tribunal over its 50 years is an immensely valuable resource for all New Zealanders.

    On behalf of the people of New Zealand, I thank Members – past and present – for their willingness to grapple with complex histories and contentious issues, and to make recommendations that have often been at the leading edge of the practical application of te Tiriti.  As Sir Doug said: “They have done their country proud”.

    I hope the more difficult moments were balanced by moments of intense satisfaction – whether it be enabling histories to be heard and recorded for posterity – or providing a forum for debate about emerging societal, cultural or environmental issues.

    There is so much to learn from the lessons of history uncovered during the Tribunal process. The Tribunal’s recommendations have, in turn, become part of the historical record.

    If Matiu Rata could have been with us tonight, how proud he would have been to celebrate his legacy with you all – and to honour the people who played their part in taking the Waitangi Tribunal forward on its journey.

    Congratulations to everyone here tonight who has been involved in the Tribunal process to date, as well as all those involved in the making of this powerful and timely exhibition. I am delighted to now formally open He Kura Toi Tangata: 50 years of the Waitangi Tribunal, 1975-2025. 

    MIL OSI New Zealand News

  • MIL-OSI United Kingdom: Work Capability Assessment draft regulations: letter to Dr Stephen Brien

    Source: United Kingdom – Executive Government & Departments

    Correspondence from the DWP to SSAC’s Chair following the judgment in the judicial review into the lawfulness of the consultation on the Work Capability Assessment descriptor changes.

    Documents

    Work Capability Assessment draft regulations: letter to Dr Stephen Brien

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email ssac@ssac.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    Correspondence from the Department for Work and Pensions (DWP) to Dr Stephen Brien, Chair, Social Security Advisory Committee (SSAC) setting out the main findings of the judgment in the judicial review into the lawfulness of the consultation on the Work Capability Assessment descriptor changes.

    Given this judgment, the letter confirms that the draft regulations which would have delivered the Work Capability Assessment descriptor changes, and which were presented to the Social Security Advisory Committee in May 2024, will be withdrawn by the Department for Work and Pensions. Therefore, following discussion between SSAC and DWP, this brings to a conclusion SSAC’s scrutiny of the draft regulations.

    Updates to this page

    Published 4 February 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Discover more about the University of Aberdeen As part of a week of celebrations at the University of Aberdeen, members of public are invited to enjoy a family friendly ‘Discovery Day’ at Elphinstone Hall.

    Source: University of Aberdeen

    Check out the University’s Discovery Day on Monday 10 FebruaryAs part of a week of celebrations at the University of Aberdeen, members of public are invited to enjoy a family friendly ‘Discovery Day’ at Elphinstone Hall.

    As Discovery Day falls during the midterm holidays, it is an ideal opportunity for families to come along and sample just a flavour of some of the research currently taking place – and it’s a mixed pot with something for everyone!” Dr Chris Croly

    Discovery Day is part of a programme of events celebrating Founders’ Week, which marks the 530th anniversary of the University, and will take place on Monday (February 10). 

    Researchers from across the University will be on hand with interactive activities to demonstrate just some of the ground-breaking research currently being undertaken. From the fascinating world of microfossils to the making of a magic book, to Chinese craft activities to the Rowett Institute’s ‘mini-mart’, there will be plenty going on to keep everyone occupied. 

    Those who come along can also enjoy tours of the Old Aberdeen campus, or a visit to the Zoology Museum, while TechFest will also be attending with some of their family-friendly STEM activities. 

    Dr Chris Croly, Public Engagement with Research Manager at the University said: “We are all very excited to be opening the doors of Elphinstone Hall to families from across the region as we celebrate 530 years of the University of Aberdeen! 

    “When Bishop Elphinstone established the University all those years ago, its foundational purpose was to be open to all and dedicated to the pursuit of truth in the service of others, and this is still the ethos of the University today. As Discovery Day falls during the midterm holidays, it is an ideal opportunity for families to come along and sample just a flavour of some of the research currently taking place – and it’s a mixed pot with something for everyone! I hope anyone who takes the opportunity to visit us, enjoys the day and learns a little bit more about some of the research currently underway around our campuses.” 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Consultation launches on travel improvements to A61 junctions and B6481 Pontefract Road

    Source: City of Leeds

    The second stage of consultation has launched today to improve two key roads linking Leeds to Wakefield and Pontefract.

    Run in partnership with the West Yorkshire Combined Authority, the consultation aims to make it safer and more accessible to walk, wheel and cycle, as well as improving bus reliability. 

    The consultation follows on from a previous public engagement where residents were asked about initial proposals for the schemes. Results from the first round include:

    • When asked about the zone in which there were proposed improvements to A61 Jumbles Lane and Carlton Lane junctions, 53% of respondents felt positive towards the proposals, while 28% felt negative.
    • When asked about the zones in which there were proposed improvements to B6481 Pontefract Road, 52% of respondents felt positive towards the proposals, while 33% felt negative.

    For the A61 in Lofthouse, the proposals focus on two key junctions which have known safety concerns, lack of safe crossing points for school students and pedestrians, and cars travelling at speed – the A61 Jumbles Lane junction and the A61 Carlton Lane junction.

    Improvements to B6481 Pontefract Road, from Thwaite Gate to M1 junction 44, focus on creating a segregated cycle track along the route, linking to existing cycling provision on the A639 Thwaite Gate, allowing residents a safer and more direct route to Leeds City Centre and the ability to access businesses along the industrial estate, which often operates night-time shifts which are not suited to public transport use.

    If the proposals were to go ahead, a £9.14million funding pot from the Government’s Transforming Cities Fund, ringfenced to transport schemes, would be invested to carry out the works – £2m for the A61 and £7.14m for Pontefract Road.

    Proposals for the A61 include:

    • Wider pavements and footpaths, including doubling pavement width on Long Thorpe Lane, on the approach to Rodillian Academy, to help students and people feel safer when walking in the area
    • Shared-use footways to help cyclists travel easily and safely
    • New traffic signals at the Jumbles Lane junction to help improve traffic flow and offer safe crossings for people walking and cycling in the area.
    • Traffic signals to be fitted with new technology which will give buses priority and improve bus journey times and reliability
    • On-carriageway cycle lanes and advanced stop lines at the Jumbles Lane junction
    • Existing traffic island crossing, near Nisa Local, upgraded to a signalised pedestrian crossing to make it easier for people walking to cross
    • A road closure for motor vehicles at the Carlton Lane/A61 junction. This is a hotspot for collisions, and vehicles travel at speed along the road. Motor vehicles will access Carlton Road via Jumbles Lane.
    • New landscaping and greenery

     Proposals for B6481 Pontefract Road include:

    • Wider pavements and footpaths to allow safer access to bus stops and local businesses
    • New and improved crossing facilities for people on foot and wheeling at various key locations
    • New, separate cycle crossing facilities for people cycling, at various key locations
    • Creation of a one-way, segregated cycle path either side of Pontefract Road, linking to existing provision on A639 Thwaite Gate. Some areas of shared use footways.
    • Signalising of the rail bridge tunnel – shuttle working traffic lights will be installed to control the flow of vehicles, allowing one direction of traffic to pass at a time, improving safety and bus reliability
    • New landscaping and greenery

    Following feedback, the council is proposing to deliver these improvements first to meet the funding deadline, subject to the second round of consultation. The remaining proposals which are not currently being taken forward may be revisited in future should funding become available.

    Councillor Jonathan Pryor, Leeds City Council’s deputy leader and executive member for economy, transport and sustainable development, said:

    “This scheme will create a safer and more accessible experience for all types of road user on these roads. The proposals help people access Leeds City Centre, local amenities and employment by creating alternative, sustainable ways to travel to essential destinations.

    By offering safe and easy alternatives to the car, we can help to meet our Leeds Transport Strategy targets and create a prosperous, less congested Leeds, with healthier residents”.

     Councillor Peter Carlill, Deputy Chair of the West Yorkshire Combined Authority Transport Committee, said: 

    “These proposals will make it easier and safer for everyone to walk, wheel, cycle and use public transport on two busy routes. I’d encourage people to have their say so that we can continue building a greener, better-connected West Yorkshire for all.”

    Have your say

    You can have your say before the consultation closes on 11.59pm on 10 March 2025.

    1.      Feedback online by visiting the Your Voice webpage.

    2.      Attend one of our in-person drop-in events:

    • Wednesday 12 February 2025, 6:30-9pm – Main Hall, The Rodillian Academy, Longthorpe Lane, WF3 3PS.
    • Tuesday 18 February 2025, 11am-3pm – Hunslet Library, Waterloo Road, LS10 2NS. 

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: January dry, sunny

    Source: Hong Kong Information Services

    With the dominance of a dry northeast monsoon over southern China, January was marked by dry and sunny weather, the Hong Kong Observatory (HKO) said today.

    The monthly total sunshine duration amounted to 222.3 hours, about 52% above the norm.

    Only 4.2mm of rainfall was recorded in the month, about 13% of the norm.

    The month was also slightly warmer than usual with a mean temperature of 17.1 degrees Celsius, 0.6 degrees above the norm, the HKO added.

    MIL OSI Asia Pacific News

  • MIL-OSI: Atos ranked in the top 5% of the IT Services industry in the 2024 S&P Global Corporate Sustainability Assessment

    Source: GlobeNewswire (MIL-OSI)

                                                                    Press Release

    Atos ranked in the top 5% of the
    IT Services industry in the 2024
    S&P Global Corporate Sustainability Assessment

    Paris, France – February 4, 2025 – Atos Group today announces that it has been recognized by S&P Global as one of the most sustainable companies worldwide in its industry for the 11th consecutive year. Atos achieved a score of 74/100 in the 2024 S&P Global Corporate Sustainability Assessment (CSA), placing Atos within the top 5% of the IT services industry among 166 companies assessed with an average industry score of 32/100. This high rating reflects Atos’ long-standing dedication to sustainability and its exemplary performance in Environmental, Social & Governance (ESG) practices.

    The assessment highlighted significant strengths in environmental management and the transparency of sustainable reporting, recognizing Atos’ ambitious environmental program, which started 14 years ago.

    Alexandra Knupe, Group Head of Corporate Social Responsibility, Atos comments “Atos is proud to rank within the top 5% of IT services companies globally. The S&P Global CSA recognizes our commitment and continuous development towards excellence in Environmental, Social & Governance practices. By continuously improving our practices, we aim to set a benchmark in the industry and contribute positively to global environmental and social challenges”.

    The S&P Global Corporate Sustainability Assessment is an annual evaluation of companies’ sustainability practices. It covers over 10,000 companies globally. The CSA has been assessing sustainability criteria that are both general and industry-specific since 1999. More information about the CSA methodology can be found here.

    Atos has recently been awarded a “Platinum” EcoVadis Medal for its commitment to sustainability for the 5th consecutive year, following 8 years of receiving the EcoVadis Gold Medal. Find out more about Atos’ CSR program here.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 82,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact

    Florence Vayleux | florence.vayleux@atos.net | +33 (0) 6 32 12 22 96

    Attachment

    The MIL Network

  • MIL-OSI Asia-Pac: CE to visit Harbin

    Source: Hong Kong Information Services

    At the invitation of the Heilongjiang Provincial Government, Chief Executive John Lee and his wife, Janet Lee, will visit Harbin on Thursday to attend the opening ceremony of the 9th Asian Winter Games Harbin 2025 the following day.

    During the visit, Mr Lee will meet the Hong Kong, China Delegation to the Asian Winter Games and attend some of events at the games to cheer for Hong Kong’s athletes. He will also visit cultural and tourism facilities there to learn more about the development of those sectors in Harbin.

    The Chief Executive will return to Hong Kong on February 11. During his absence, Chief Secretary Chan Kwok-ki will be Acting Chief Executive.

    MIL OSI Asia Pacific News

  • MIL-OSI Security: Destroyer Squadron 50 Assumes Operation Prosperity Guardian Mission

    Source: United States Naval Central Command

    MANAMA, Bahrain —

    Combined Maritime Forces’ (CMF) Combined Task Force (CTF) 153 handed over responsibility for Operation Prosperity Guardian, the presence and information-sharing mission to counter unlawful Houthi attacks on maritime shipping in the Red Sea region, to Destroyer Squadron (DESRON) 50, Feb. 1.

    DESRON 50, the surface warfare task force under U.S. Naval Forces Central Command, will continue OPG’s commitment to freedom of navigation and the free flow of commerce in the Southern Red Sea, Bab al-Mandab, and Western Gulf of Aden.

    “CMF’s CTF-153 has done a spectacular job leading OPG and I thank all of the members who committed to this important mission,” said Vice Adm. George Wikoff, commander of CMF. “There will be no change to the important role OPG contributes to regional maritime security.”

    “DESRON 50 brings immediate continuity to the mission,” Wikoff said.

    More than 20 nations participated in OPG, providing ships, personnel, and information support since the focused operation was announced in December 2023. Wikoff said CMF personnel who participated in OPG, “performed their duties with exceptional professionalism.”

    The Joint Maritime Information Center, established in February 2024 as part of OPG’s information sharing mission, will expand its role within the CMF as an authoritative information source for regional maritime reporting.

    “Through dialogue and building close relationships with industry and with CMF, JMIC continues to provide real-time information to enable informed decisions, contributing to overall domain awareness,” said Capt. Lee Stuart, JMIC Director.

    Combined Maritime Forces, a 46-nation naval partnership, is headquartered in Bahrain and is the world’s largest multinational naval partnership, committed to upholding the rules-based international order at sea. It promotes security, stability and prosperity across approximately 3.2 million square miles of international waters, encompassing some of the world’s most important shipping lanes.

    MIL Security OSI

  • MIL-OSI China: China files complaint with WTO against US tariff hikes

    Source: China State Council Information Office

    China has filed a complaint with the World Trade Organization (WTO)’s dispute settlement mechanism against the U.S. decision to impose an additional 10-percent tariff on goods from China, the Ministry of Commerce (MOC) said Tuesday.

    The move is to safeguard China’s legitimate rights and interests, an MOC spokesperson said in response to media inquiries.

    The U.S. imposition of additional tariffs on Chinese products has seriously violated the WTO rules, and this egregious act is typical of unilateralism and trade protectionism, said the spokesperson.

    The spokesperson said the U.S. move severely undermines the rules-based multilateral trading system, erodes the foundation of China-U.S. economic and trade cooperation, and disrupts the stability of global industrial and supply chains.

    The United States has repeatedly put unilateralism above multilateralism, incurring strong condemnation from the majority of the WTO members. “China firmly opposes the U.S. actions, and urges the U.S. side to immediately rectify its wrongdoings,” the spokesperson said.

    As a staunch supporter and significant contributor to the multilateral trading system, China stands ready to work with other WTO members to address the challenges posed by unilateralism and trade protectionism to the multilateral trading system, and to safeguard the orderly and stable development of international trade, added the spokesperson.

    MIL OSI China News

  • MIL-OSI United Kingdom: Get winter strong – free flu vaccinations still available

    Source: City of Wolverhampton

    They include all adults aged 65 years and over, people who live in a care home for older adults, people aged 6 months to 64 years with health conditions that make them more vulnerable, frontline health and social care staff including those working in care homes for older adults, and pregnant women.

    Those eligible can get their vaccination without an appointment at one of a number of pop-up clinics being held in Wolverhampton until the end of March.

    They include clinics at: Sainsburys, Bentley Bridge, from 11am to 6pm on Thursdays 6 February, 20 February, 6 March and 20 March; Queen Square, Wolverhampton, from 9am to 3pm on Fridays 7 February, 21 February, 7 March and 21 March; and Sainsburys, Raglan Street, Wolverhampton, from 9am to 3pm on Thursdays 13 February, 27 February, 13 March and 27 March.

    Clinics are also operating in other parts of the Black Country – for full details please visit 
    Flu pop-up vaccination clinics.

    Councillor Jasbir Jaspal, the City of Wolverhampton Council’s Cabinet Member for Adults and Wellbeing, said: “It’s vital that we all do everything we can to protect ourselves from winter illnesses such as flu, especially those of us who may be at higher risk.

    “I would therefore encourage anyone who is yet to have their flu vaccination this winter to get it at one of the pop-up clinics taking place over the next few weeks, and ideally sooner rather than later.”

    Anyone not eligible for a free flu vaccination is reminded that they can still get it for a small charge at participating pharmacists.

    MIL OSI United Kingdom

  • MIL-OSI Russia: Metropolitan of Pskov and Porkhov Matthew visited the Polytechnic University

    Translartion. Region: Russians Fedetion –

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

    On February 3, the Polytechnic University was visited by Metropolitan of Pskov and Porkhov, Abbot of the Holy Dormition Pskov-Pechersky Monastery Matfey (Kopylov). The visit was part of the events in honor of the 125th anniversary of the Polytechnic University. The guest got acquainted with the history of the university and its current activities, and discussed opportunities for cooperation.

    The tour of the university began with the Main Academic Building, where Metropolitan Matfey of Pskov and Porkhov got acquainted with the gallery of outstanding polytechnic scientists. In the SPbPU History Museum, its director Valery Klimov spoke about the most important events in the history of the Polytechnic, presented interesting facts and showed key exhibits. In the Technopolis Polytechnic research building, the university’s scientific secretary Dmitry Karpov demonstrated a model of the SPbPU campus.

    During the visit, the bishop met with the rector of SPbPU Andrey Rudskoy. The meeting was also attended by the vice-rector for youth policy and communication technologies Maxim Pasholikov and a member of the initiative group to save the church in Belskoye Ustye Valery Silin.

    The Church of the Ascension of the Lord is located in the village of Belskoye Ustye in the Porkhov District, where the grave of Prince Andrei Gagarin, an outstanding Russian scientist and engineer, the first director of the Polytechnic University, is also located. The 18th-century church is the largest patrimonial church in the Pskov land, which has no analogues in the architectural heritage of the region. It is an integral part of the cultural and historical complex, which includes the estate of Prince A. G. Gagarin in Kholomki, the main building of which was restored by the Polytechnic University in 2013, as well as the outskirts of Porkhov with their unique fortresses, churches and temples.

    The Church of the Ascension of the Lord is one of the pearls of the Pskov region for tourists, especially for pilgrims. It is important to develop tourist routes around Pskov. Together we contribute to the great cause of the revival of Russian history, Andrey Rudskoy emphasized.

    The meeting participants considered possible areas of cooperation in the reconstruction of the church, ways of attracting benefactors, organizing a board of trustees for the implementation of the project, as well as the possibility of opening a Sunday school at the church.

    The first Church of the Ascension of the Lord was built in 1796 with funds from Colonel Artemon Kozhin in his estate Belskoye Ustye in Porkhov district. In the early 1860s, Artemon Osipovich’s son, Pyotr, decided to build a new church, as the old one had fallen into disrepair. The new building was erected according to the design of the St. Petersburg architect Shestakov in the style of early classicism with elements of baroque. In October 1898, a church-parish trusteeship was founded, and in November 1887, a church-parish school began operating.

    A. G. Gagarin often visited the church, and after his death on December 22, 1921, he was buried in this church and buried in the local cemetery. In 1921-1922, a colony of the House of Arts was opened in the estate of Prince Gagarin. Among its participants were famous writers and artists K. I. Chukovsky, E. I. Zamyatin, M. L. Lozinsky, M. L. Slonimsky, M. M. Zoshchenko, V. F. Khodasevich, O. E. Mandelstam and others. All of them regularly visited the Church of the Ascension of the Lord. In 1921, the colony held a memorial service for Alexander Blok there. In the 1960s, the church was closed due to its emergency condition.

    In 2014, an initiative group was created, which included the heads of SPbPU, representatives of the Pskov Region Committee on Culture, Pskov State University, the administration of the Porkhov District, and the St. Petersburg branch of the All-Russian public movement “Orthodox Russia”. Since 2017, active work has been underway to restore and rebuild the church.

    Photo archive

    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.

    MIL OSI Russia News

  • MIL-OSI Russia: Registration for the business ideas competition has started at the Polytechnic University

    Translartion. Region: Russians Fedetion –

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

    The Polytechnic University has opened registration for the fifth youth competition of entrepreneurial and business ideas, The Blue Ocean Open Polytech Entrepreneurship Competition — 2025. The event is aimed at developing strategies for creating markets free from competition.

    Blue Ocean Strategy was developed in the early 2000s by INSEAD business school professors Chan Kim and Renee Mauborgne. Contestants study six basic analytical tools of Blue Ocean Strategy in a special platform, apply them to solve a practical case and develop an entrepreneurial idea.

    Since 2020, the event has been gathering students from different countries who want to understand how to create a product based on the concept of value innovation, when the consumer gets new value and the manufacturer reduces costs.

    During the competition, more than 850 representatives from Russia and foreign countries took part in it. These are teams of 1 to 4 people, consisting of university students and postgraduates, as well as college students and high school students.

    The organizers are the Foundation for the Support and Development of Innovations “Polytech”, the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU, the Higher School of Technological Entrepreneurship of the Advanced Engineering School “Digital Engineering” of SPbPU.

    The competition is held remotely and includes the following stages:

    registration — team formation from February 1 to 28; study of the basics of the Blue Ocean strategy — solving a practical case from March 1 to 31, summing up the results is planned from April 1 to 7 with further announcement of the results of the second stage on April 8; development of a Blue Ocean strategy for a startup, entrepreneurial idea or idea generation from scratch by April 20, summing up the results will take place from April 21 to 28, announcement of the competition results is planned for April 29.

    This year, the case for the second stage was proposed by the company “Profilans IT”. Participants need to propose IT projects for the development and training of students. The company is ready to assist the best authors who present real and marketable projects in their implementation. The results of the competition will be shown in the format of a video presentation.

    The award ceremony will take place in May. All teams that pass three stages of the competition will receive certificates of participation. Winners and prize winners will be awarded diplomas and additional points for admission to the Polytechnic University’s master’s program in the IPMEiT areas without exams based on winning the portfolio competition: 60 points will be awarded to winners, 40 points to prize winners.

    The prize fund of the competition is 160,000 rubles. The general partner (Profilans IT) provided 140,000 rubles.

    For first place the team will receive 60,000 rubles, for second place – 40,000 rubles, for third place – 20,000 rubles.

    The prize for the most technologically advanced project is 20,000 rubles.

    A special prize “To the captain of the winning team” (20,000 rubles) was provided by the competition partner, General Director of PSS LLC Pavel Balobanov.

    Registration can be done on the portal Leader Idand in social networks “Vkontakte”.

    Contacts

    The chairman of the jury is associate professor of the Higher School of Industrial Management Anastasiy Klimin, Klimin_ai@spbsta.ru.

    Manager – student of the bachelor’s program “Marketing” of the Higher School of Industrial Management, winner of the competition for the 2021-2022 academic year Kristina Shabalina, Shabalin2.Koy@ed.Sspbstst.ru.

    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.

    MIL OSI Russia News

  • MIL-OSI Russia: Marat Khusnullin: A new research and production building was built for the marine technical university in St. Petersburg

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    The construction of a new research and production building for the Saint Petersburg State Marine Technical University has been completed. This was announced by Deputy Prime Minister Marat Khusnullin. This is the only university in Russia that trains specialists in the entire spectrum of shipbuilding specialties.

    “Creating comfortable conditions for students to study and live is one of the priorities of our construction complex. On the instructions of the President, a network of world-class university campuses is being created. Some of these projects are being implemented by the public-law company “Single Customer in Construction”. At the same time, the infrastructure of other universities is being developed. For example, for students of the St. Petersburg State Marine Technical University, the construction of a new building of the research and production building has been completed. We have already received a certificate of conformity. The construction of this building will give students the opportunity to acquire practical skills and in-depth knowledge in the field of marine technology,” said the Deputy Prime Minister.

    The building will provide the material resources necessary for students to acquire industrial skills.

    “Construction work in the new building for the maritime university was carried out within the framework of the comprehensive state program “Construction”, supervised by the Ministry of Construction of Russia. The research and production building consists of two blocks – production and administrative. The first part of the building is represented by three functional zones, where the Institute of Laser and Welding Technologies, training rooms for mechanical processing and a training shipyard will be located,” said Deputy Minister of Construction and Housing and Public Utilities Yuri Gordeev.

    Overall, the construction of the new facility will ensure the development of the university’s research potential.

    “The total area of the new educational building is more than 2.6 thousand square meters. It is planned to put it into operation in 2025,” said Karen Oganesyan, General Director of the Unified Customer PPC.

    Saint Petersburg State Marine Technical University is a leading center of advanced scientific, technical and educational technologies.

    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.

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: MOEA Establishes Real-Time Consultation Hotline to Assist Taiwanese Businesses in Responding to U.S. Tariff Measures

    Source: Republic Of China Taiwan 2

    To address the impact of U.S. tariffs on Taiwanese companies operating overseas, the Ministry of Economic Affairs (MOEA) has commissioned the Taiwan External Trade Development Council (TAITRA) and the Industrial Technology Research Institute (ITRI) to implement various support measures, thereby enabling businesses to make adjustments to supply chains and investment strategies. These support measures include:

    1. Establishing a Task Force and Consultation Hotline for Immediate Assistance
    TAITRA has set up task forces in the U.S., Canada, Mexico, Southeast Asia, and South Asia to provide real-time support. A consultation hotline is available at +886-2-27577190.

    2. Providing Customized Services for Businesses to Expand Overseas Deployments
    The MOEA offers market insights for businesses relocating to the U.S. or other regions, which include investment locations, regulations, and partnership opportunities. Companies shifting production to supply local domestic markets receive regulatory guidance and networking support.

    3. Establishing a Service Center for Investment and Trade in the U.S. to Support Supply Chain Relocation
    Under the policy of “Connecting Taiwan to the World”, the MOEA will establish a Taiwan Investment and Trade Center in the U.S. It will help businesses assess investment environments, shift supply chains, and link with local partners.

    4. Strengthening Taiwan-U.S. Industrial Collaboration and Assisting Taiwanese Businesses with Innovation and Upgrading
    ITRI’s North America office will actively promote R&D and manufacturing collaborations, assist businesses in finding local partners, facilitate technological advancement, and boost competitiveness.

    The MOEA will remain committed to monitoring global trade trends and supporting Taiwanese businesses in adapting to market changes.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Applications now open for the 2025 Samsung Solve for Tomorrow STEM Competition

    Source: Samsung

    Applications for the 2025 Samsung Solve for Tomorrow STEM Competition are now open. The competition is aimed at empowering young people through education and skill enhancement, particularly focusing on Science, Technology, Engineering, and Math (STEM). Applications opened on Monday, January 27 and close on February 28, 2025.
     
    The competition seeks to foster innovation among high school learners from underprivileged backgrounds throughout South Africa.  Grade 10 and 11 learners attending public schools are encouraged to apply. Participants will be tasked with addressing genuine community problems using STEM principles, thus improving their analytical abilities and gaining professional guidance from Samsung employees.
     
    Teams stand a chance to win exciting prizes and the recognition as South Africa’s next generation of innovators and problem-solvers.
     

     
    This year’s theme, “Infrastructure and Safety,” challenges learners to tackle pressing issues in their schools and communities. They have an opportunity to explore creative solutions in one of the following topics:
     
    Energy-Efficient Schools – Develop practical and sustainable ways to reduce energy consumption in schools.
     
    Innovative Transport Solutions for Learners in Rural/Township schools – Design efficient and accessible transport systems for learners in remote areas.
     
    Affordable Safety Devices for Learners Traveling Long Distances – Create low-cost, effective tools to enhance the safety of learners during their daily commutes.
     
    Qualifying criteria
    Entries should be made by a team of 2 to 5 learners
    Must choose one topic to address
    The school must be a quintile 1 – 4 public school
    Applicants must be South African Citizens
    Entries should be made on the Samsung Solve for tomorrow website
     

     
    How to Apply:
    Application forms are accessible online. Visit our website https://www.samsung.com/za/solvefortomorrow/  to register your school and submit your team’s proposal.
     
    Do not miss this opportunity to empower your learners to think big, collaborate, and shape the future of South Africa. Together, we can inspire change, one idea at a time. Join us and be part of the movement to change our communities’ problems using STEM.
     
    For more information, visit https://www.samsung.com/za/solvefortomorrow/  or contact us at ssasft@samsung.com.

    MIL OSI Economics

  • MIL-OSI Video: EU Foreign Policy that DeliversAmbassadors Conference

    Source: European Commission (video statements)

    President von der Leyen delivers a speech at the EU Ambassadors Conference 2025

    Follow us on:
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    Visit our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=6mXjIziSv5w

    MIL OSI Video

  • MIL-OSI Africa: Groundbreaking Ebola vaccination trial launches today in Uganda

    Source: Africa Press Organisation – English (2) – Report:

    GENEVA, Switzerland, February 4, 2025/APO Group/ —

    In a global first, Uganda’s Ministry of Health, the World Health Organization (WHO) and other partners today launched a first ever vaccine trial for Ebola from the Sudan species of the virus, and at an unprecedented speed for a randomized vaccine trial in an emergency.

    The principal investigators from Makerere University and the Uganda Virus Research Institute (UVRI), with support from WHO and other partners, have worked tirelessly to get the trial ready in 4 days since the outbreak was confirmed on 30 January. It is the first trial to assess the clinical efficacy of a vaccine against Ebola disease due to Sudan virus. The speed was achieved through advanced research preparedness, while ensuring full compliance with national and international regulatory and ethical requirements.

    The candidate vaccine was donated by IAVI, with financial support from WHO, the Coalition for Epidemic Preparedness Innovations (CEPI), Canada’s International Development Research Centre (IDRC), and the European Commission’s Health Emergency Preparedness and Response Authority (HERA) and support from the Africa Centres for Disease Control and Prevention (Africa CDC).

    “This is a critical achievement towards better pandemic preparedness, and saving lives when outbreaks occur,” said Dr Tedros Adhanom Ghebreyesus, WHO’s Director-General.  “This is possible because of the dedication of Uganda’s health workers, the involvement of communities, the Ministry of Health of Uganda, Makerere University and UVRI, and research efforts led by WHO involving hundreds of scientists through our research and development Filoviruses network. We thank our partners for their dedication and cooperation, from IAVI for donating the vaccine, to CEPI, EU HERA and Canada’s IDRC for funding, and Africa CDC for further support. This massive achievement would simply not be possible without them.”

    In 2022, during the previous outbreak of Ebola disease (also from the Sudan species of the virus) in Uganda, a randomized protocol for candidate vaccines was developed. Principal investigators were designated under the leadership of the Minister of Health, and teams were trained to allow such a trial to take place during an active outbreak.

    The randomized vaccine trial to assess the recombinant vesicular stomatitis virus (rVSV) candidate vaccine was launched at a ceremony in Kampala today by the Minister of Health of Uganda. WHO is co-sponsoring the trial. WHO was represented by Dr Mike Ryan, Executive Director of WHO’s Health Emergencies Programme and Deputy Director-General, and the WHO representative to Uganda Dr Kasonde Mwinga, along with other colleagues.

    Three vaccination rings were defined today. The first ring involves about 40 contacts and contacts of contacts of the first reported and confirmed case, a health worker who has died.

    Although several promising candidate medical countermeasures are progressing through clinical development, as of now, there is no licensed vaccine available to effectively combat a potential future outbreak of Ebola disease from the Sudan species of the virus. Licensed vaccines exist only for the disease caused by Ebola virus, formerly known as Zaïre ebolavirus. Likewise for treatments, approved treatments are only available for Ebola virus.

    The vaccine for the trial was recommended by the independent WHO candidate vaccine prioritization working group. If the candidate vaccine is effective, it can contribute to controlling this outbreak and generate data for vaccine licensure.

    In 2022, the research teams were trained in good clinical practice (GCP) and standard operating procedures for such trials. They completed refresher training in recent days. WHO colleagues experienced in trials and in ring vaccination arrived in Uganda over the weekend to support the trial implementation and GCP compliance.

    The vaccine doses were pre-positioned in the country. WHO worked with the principal investigators and national authorities and the vaccine developer to review cold chain documentation and ensure the doses were stored correctly over the previous years. As part of the signed agreement with the Ministry of Health, WHO has a signed agreement with IAVI for additional doses of the candidate vaccine to be made available shortly.

    MIL OSI Africa