Category: KB

  • MIL-OSI United Kingdom: Report 03/2025: Derailment of a passenger train at Roudham Heath

    Source: United Kingdom – Executive Government & Departments

    RAIB has today released its report into the derailment of a passenger train at Roudham Heath, Norfolk, 6 February 2024.

    The train involved in the accident after it had been rerailed.

    R032025_250203_Roudham Heath

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    Summary

    At around 20:53 on 6 February 2024, a passenger train travelling at 83 mph (134 km/h) through Roudham Heath, Norfolk, struck two trees which had fallen onto the track. As a result, the train derailed and travelled for around 680 metres before coming to a stop.

    One of the 31 passengers on board suffered a minor injury. There were no other injuries to the passengers or staff on the train. The train and infrastructure both suffered damage, and the line was closed for a day while repairs took place.

    The two trees were part of a forest adjacent to the railway that is owned and managed by Forestry England. One of the trees, a twin-stemmed pine tree, fell first, landing on and felling an adjacent oak tree. The pine tree suffered from a loss of root anchorage, primarily because it was standing in highly saturated, sandy soil. Because of the way the pine tree had grown and its proximity to the railway, it was more likely to land over the tracks in the event of it falling. Inspections of the trees by Network Rail and Forestry England had not identified any cause for concern, and so no action had been taken to reduce the likelihood of the tree falling.

    RAIB’s investigation identified that the risk imposed by trees standing in saturated soil was not being effectively managed by either Forestry England or Network Rail. This was an underlying factor to this accident.

    There was no significant deformation of the train’s cab structure following the collision, and an axle-mounted brake disc on the train engaged with one of the rails which helped to contain the train’s path during the derailment.

    Recommendations

    RAIB has made two recommendations, one addressed to Forestry England and one to Network Rail. Both recommendations ask the respective organisations to review their processes for inspecting and managing trees that are within falling distance of the railway, to consider the effects of high soil saturation levels on the risk of trees falling, and to make any appropriate changes.

    Notes to editors

    1. The sole purpose of RAIB investigations is to prevent future accidents and incidents and improve railway safety. RAIB does not establish blame, liability or carry out prosecutions.

    2. RAIB operates, as far as possible, in an open and transparent manner. While our investigations are completely independent of the railway industry, we do maintain close liaison with railway companies and if we discover matters that may affect the safety of the railway, we make sure that information about them is circulated to the right people as soon as possible, and certainly long before publication of our final report.

    3. For media enquiries, please call 01932 440015.

    Newsdate: 3 February 2025

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Eight new members appointed to the Council for Science and Technology

    Source: United Kingdom – Executive Government & Departments

    Eight new members have been appointed to the Council that advises the Prime Minister and Cabinet on science and technology.

    Images of the eight new Council members.

    Eight new members have been appointed to the Council for Science and Technology (CST). The Council advises the Prime Minister and the Cabinet on strategic science and technology policy issues that cut across the responsibilities of individual government departments. 

    Professor Dame Angela McLean, the Government Chief Scientific Adviser and Co-Chair of  CST,  said: 

    The eight new members bring extraordinary breadth and depth of experience: from AI and data to chemical engineering and venture capital. I am confident that new members will further invigorate the Council and its ability to provide robust advice on the government’s high-level priorities for science and technology. I look forward to collaborating across a wide range of topics to further embed specialist knowledge of the UK’s strength in science and technology into the heart of government decision-making.

    New members: 

    • Mark Enzer OBE is a Strategic Advisor at Mott MacDonald. He is a Visiting Professor at the University of Cambridge and Imperial College London. 

    • Professor Dame Lynn Gladden DBE is Shell Professor of Chemical Engineering at the University of Cambridge, and former Executive-Chair of the Engineering and Physical Sciences Research Council. 

    • Priya Lakhani OBE is Founder CEO of CENTURY Tech. She co-founded the Institute for Ethical AI in education. 

    • Avid Larizadeh Duggan OBE is a Senior Managing Director, Ontario Teachers’ Pension Plan, Teachers’ Venture Growth. She is a Non-Executive Director on the board of Barclays Bank UK.

    • Professor (Emeritus) Nick McKeown is Senior Fellow at Intel Corporation, Professor (Emeritus) of Electrical Engineering and Computer Science at Stanford University and Visiting Professor of Engineering and Senior Research Fellow at Oxford University. 

    • Professor Sir Nigel Richard Shadbolt is Professor of Computer Science at the University of Oxford and Principal of Jesus College, Oxford. He is Co-Founder and Chair of the Open Data Institute. 

    • Richard Slater is Chief R&D Officer for Unilever. He was previously Senior Vice President R&D, GSK Consumer Healthcare. He is a Non-Executive Director at Future Origins. 

    • Paul Taylor CBE is Director of Morgan Stanley International, Chair of Interrupt Labs Ltd and Chair of Beyond Blue. He is a Non-Executive Director on the Defence Technology and Innovation Board at the Ministry of Defence.  

    See more details on CST and its members.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: HSE University Opens Dual Degree Master’s Program with Chinese University RIEM SWUFE

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    In January 2025, HSE and Southwestern University of Finance and Economics (SWUFE) signed a cooperation agreement to implement a dual degree master’s program within the Financial Economics program at ICEF and the Master’s in Finance program at SWUFE. This program will allow students to gain a unique educational experience in two countries, combining the best educational traditions of Russia and China. ICEF’s counterpart is the Research Institute of Economics and Management (RIEM), established at SWUFE in 2006 to implement research and educational programs in economics and finance at a high international level.

    ICEF delegation at Southwestern University of Finance and Economics (SWUFE) in Chengdu, China, in October 2024. During the meetings, an agreement was reached to establish the ICEF–RIEM Dual Degree Master’s Program.

    © MIEF

    Features of the program

    The program is based on the principle of mirror mobility: students study for 1-1.5 years in China at RIEM SWUFE and for 1-1.5 years in Russia at ICEF HSE. During their studies, students will gain in-depth knowledge in economics, finance, and data analysis, and will also study the economic and cultural characteristics of both countries.

    To participate in the program, you must successfully complete the first year at your home university and be selected for the double degree program. In the second year, students will study at the partner university and then return to their home university to complete their studies. Master’s theses will be defended separately at each of the universities.

    The programme will be taught in English and will include courses in micro- and macroeconomics, asset valuation and corporate finance. Each university will offer its own unique emphasis: RIEM will focus on the Chinese economy and financial system, and ICEF on quantitative and applied finance and data analysis.

    Upon completion of the program, graduates will receive two diplomas: a Master’s degree from the National Research University Higher School of Economics in Economics and a SWUFE diploma in Economics (specialization in Finance).

    Dean of the Research Institute of Economics and Management RIEM, Professor Yan Dong (graduated with a Master’s degree from the London School of Economics, UK, and received a PhD from the University of Essex, UK) about RIEM:

    “Our institute is very special. From the name, it seems that we are a research institute, but in fact, we are an educational unit. We have about 1,000 undergraduate, graduate and doctoral students. Our institute is special because all of our teachers have obtained their PhD degrees abroad. We have graduates from universities in the United States, Europe, Asia and other countries. All of our teachers are fluent in English, and the language of instruction – the working language in our institute – is English. We have more than 100 foreign students studying at our institute. This is what makes our institute special – it is quite an internationalized institution, and we have teachers who do not speak Chinese at all – they are international specialists.”

    Academic Director of the ICEF Master’s Program “Financial Economics” Maxim Nikitin:

    “Since the creation of the Financial Economics program, its main feature has been its international format. We have sought to integrate international standards and practices into the educational process. Cooperation with one of China’s leading universities in the field of finance, such as SWUFE, is an important step in this direction and expands the geography of our educational interaction. We are pleased that this initiative is based on the principle of equal exchange, which will enrich the programs of both partners, and will also create a new platform for academic exchange and joint projects. We are confident that this partnership will provide our students with access to unique knowledge and skills that will be in demand in the global labor market.”

    Earlier in 2024, HSE ICEF and RIEM SWUFE launched Bachelor’s double degree program in economics and financeCurrently, the first cohort of 2nd year students of ICEF is already successfully studying at SWUFE under this program.

    Graduates of the program will receive a bachelor’s degree in economics from the National Research University Higher School of Economics and a bachelor’s degree in economics from SWUFE.

    Academic Director of the ICEF Bachelor’s Program Oleg Zamkov:

    “ICEF HSE and RIEM SWUFE are a very good match for each other in implementing dual degree programs due to the close financial and economic focus of the programs and the level of updating of the courses. All economic and financial subjects required for ICEF students are also available at SWUFE, and, conversely, ICEF has everything required for students of the partner university.”

    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: Retail sales down 9.7% in December

    Source: Hong Kong Information Services

    The value of total retail sales for December, provisionally estimated at $32.8 billion, was 9.7% less than in the same month a year earlier, the Census & Statistics Department announced today.

    After netting out the effects of price changes over the same period, the provisional estimate represents an 11.5% year-on-year decrease.

    The value of total retail sales for 2024 as a whole was provisionally estimated at $376.8 billion, down 7.3% in value and 9% in volume against 2023.

    Online sales accounted for 7.2% of December’s total retail sales value. Provisionally estimated at $2.4 billion, the value of this segment fell 17.2% from the same month a year earlier.

    The value of sales of jewellery, watches, clocks and valuable gifts dropped by 13.8%.

    Meanwhile, decreases were likewise seen in sales of “consumer goods not elsewhere classified” (down 2.9%); commodities in supermarkets (down 3.1%); clothing (down 11.1%); food, alcoholic drinks and tobacco (down 0.6%); commodities in department stores (down 8.9%); and medicines and cosmetics (down 2.2%).

    Sales also declined in the following categories: electrical goods and other consumer durable goods not elsewhere classified (down 20.2%); motor vehicles and parts (down 36.3%); fuels (down 11.2%); footwear, allied products and other clothing accessories (down 4.9%); Chinese drugs and herbs (down 2.2%); furniture and fixtures (down 22%); books, newspapers, stationery and gifts (down 9.6%); and optical items (down 7.5%).

    The Government commented that the decline in the value of total retail sales in December from a year earlier partly reflected an increase in outbound trips by residents during the holidays.

    Looking ahead, it said the retail sector’s near-term performance will continue to be affected by changes in the consumption patterns of visitors and residents.

    However, it added that increasing earnings from employment, and the introduction of various measures by the central government to boost the Mainland’s economy and benefit Hong Kong, together with proactive efforts by the Hong Kong Special Administrative Region Government to promote tourism and boost market sentiment, will benefit the sector.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Yellowstone National Park: Where geology is on display nearly everywhere!

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from Richard Tollo, emeritus Professor of Geology at George Washington University.

    Yellowstone caldera viewed from Mount Washburn.  The caldera is the low-lying area extending from the foothills of Mount Washburn in the foreground to the rugged mountains on the horizon. The incised valley of the Yellowstone River stretches from left to right in the middle distance.  Steep valley walls are illuminated by sunlight in the center.  Mount Washburn is a remnant andesitic volcano of the Eocene Absaroka Range.  The hike along the access road to the summit (where this photograph was taken) presents many opportunities to observe lavas and volcanogenic sedimentary deposits.  This geologically rich hike is an excellent field trip in itself.  Photo by Richard Tollo, George Washington University, August 8, 2009.

    Yellowstone National Park ranks among the finest classrooms in North America for learning geology through outdoor field trips.  This distinction results from a unique combination of geological events and characteristics developed especially throughout the past 2.1 million years.  Most of the major geological units can be visited in a day by taking a drive along the iconic Grand Loop Road and offshoots, bolstered by short hikes along well-maintained trails that are accessible from these roadways.

    The primary geologic feature of Yellowstone National Park is perhaps that which is most difficult to observe in its entirety: that is, Yellowstone Caldera, a volcanic collapse feature that formed as a result of a major explosive eruption 631,000 years ago.  Two similar calderas formed as a result of comparable eruptions that took place about 1.3 and 2.1 million years ago.  Because each caldera is centered over an associated magma reservoir, pyroclastic deposits and lava flows are in close proximity to one another within or close to the caldera.  This geological concentration results in a dazzling array of closely spaced features that support productive field trips and produce many opportunities for geological education. 

    Moreover, as visitors arriving from mostly lower elevations in the eastern, central, and southern United States rapidly discover as they find themselves short of breath while hiking, the Yellowstone region is an elevated plateau, with an average elevation of 8,000 ft (2,400 m).  The high elevation is caused by uplift due to its location atop a zone of mantle upwelling (hotspot) that transports mantle heat to the overlying crust and causes upward expansion.  As a result, nearly all streams in the headwaters of the Yellowstone River actively erode their channels, forming deeply incised valleys with steep canyon walls where rocks are exposed, providing unmatched three-dimensional views of the geology.  In this way, river erosion and tectonic uplift make a powerful combination acting to produce numerous and invariably instructive geological exposures throughout the park.

    Lower Falls and Grand Canyon of the Yellowstone River.  The river here is eroding young, post-caldera rhyolite that was softened by hydrothermal alteration.  The V shape of the canyon indicates that the river is actively eroding in response to regional uplift.  Photo by Richard Tollo, George Washington University, August 12, 2008.

    The presence of roadways—especially the Grand Loop Road—provide benefits for field trips beyond facilitating transportation because construction involved the creation of roadcuts.  These cuts often expose bedrock, furnishing insightful views of primary geological features that might otherwise be altered or destroyed by erosion or chemical alteration.  Roadcuts have the added advantage of providing access to fresh, relatively less weathered rock, which is useful for collecting samples for laboratory studies, such as geochemical, paleomagnetic, and geochronologic investigations.

    Construction projects support field trips in the Yellowstone area in other ways. A case in point is Grassy Lake Dam, which was built in the 1930s to impound local stream flow to create Grassy Lake Reservoir located just south of Yellowstone National Park.  A quarry that was excavated close to the eventual dam site provided rocks for use in the project.  The quarry, located less than 200 m (650 ft) south of the southern boundary of Yellowstone National Park, was developed in the Lava Creek Tuff (the welded ash unit that formed during the eruption that created Yellowstone Caldera) and provides considerable information regarding the genesis of that important eruptive formation that is not available elsewhere.  For example, the columnar-jointed tuff at the quarry site is hard and glassy, unlike parts of the same unit exposed elsewhere in the Yellowstone region. Such textures and field characteristics suggest that ash accumulated at relatively high temperatures, in agreement with insights from another nearby but different unit of the Lava Creek Tuff.  This interpretation, which in turn implies thar some silicic magmas at Yellowstone were unusually hot, might not be reached without the information provided by this locality. 

    Roadcut in light pink ash-flow deposits of the Lava Creek Tuff on Grand Loop Road near Tuff Cliff.  The color and closely spaced jointing are characteristic of the Lava Creek Tuff map unit.  The steep faces and dense nature of the roadcut exposures indicate that a moderate degree of welding occurred and has not been subsequently modified by hydrothermal alteration.  Photo by Richard Tollo, George Washington University, August 13, 2008.

    Field trips allow geologists to share their findings with a broad audience, and also to educate the next generation of geoscientists in both Earth’s history and how to conduct geological investigations.  Field trips at Yellowstone are especially productive because of the many types of exposures—each with a story to tell.  Sharing knowledge among scientists and between geologists and the public is a bountiful way to augment our collective understanding of how the Earth works, and how Yellowstone came to be a geologic Wonderland.

    MIL OSI USA News

  • MIL-OSI Europe: Government expands opportunities for Swedish businesses to help support Ukraine’s reconstruction

    Source: Government of Sweden

    Government expands opportunities for Swedish businesses to help support Ukraine’s reconstruction – Government.se

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    Press release from Ministry for Foreign Affairs

    Published

    The Government has amended the conditions and expanded the framework for special export credit guarantees for doing business with Ukraine. The aim is to enable more businesses to export to Ukraine and thus contribute to the country’s sustainable reconstruction. It should now also be possible to offer guarantees with longer maturities, higher coverage and that cover services. The amendments to the regulation took effect on 1 February. The Government has also expanded the existing framework of SEK 333 million to SEK 555 million. In total, guarantees can be offered to a maximum of SEK 888 million.

    “Swedish businesses both want and are able to contribute more to Ukraine’s reconstruction, but they need support that mitigates the risk. The aim of amending the conditions is to make it easier and safer for Swedish companies to export to Ukraine. This is an important step in Sweden’s contribution to the country’s reconstruction,” explains Minister for International Development Cooperation and Foreign Trade Benjamin Dousa.

    The regulation on special export credit guarantees for Ukraine came into force on 1 April 2024. This means that exporting companies can apply for special export credit guarantees through the Swedish Export Credit Agency to do business that helps support economic and social development and welfare in Ukraine. In 2024, SEK 333 million was set aside for these special export credit guarantees for Ukraine, with this amount subsequently raised in 2025 to SEK 888 million.

    The amendments to the regulation will make it even easier for more companies to export to Ukraine. The maximum maturity of the guarantees has been adjusted from three to four years, with coverage expanded from 80 per cent to a maximum of 95 per cent. The amount that can be granted to businesses that form part of the same group has now been raised from SEK 100 million to SEK 300 million.

    Press contact

    MIL OSI Europe News

  • MIL-OSI Economics: Secretary-General of ASEAN meets with former Minister of Communications and Information Technology of the Republic of Indonesia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with H.E. Rudiantara, former Minister of Communications and Information Technology of the Republic of Indonesia and current Chairman of Amartha, at the ASEAN Headquarters/ ASEAN Secretariat. The meeting exchanged views on the opportunities and challenges of ASEAN economic integration amidst the evolving global economic landscape and discussed preparations for the Asia Grassroots Forum 2025, to be hosted by Amartha, scheduled for 21-23 May 2025, in Bali, Indonesia.

    The post Secretary-General of ASEAN meets with former Minister of Communications and Information Technology of the Republic of Indonesia appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-Evening Report: Troubled road in New Caledonia fully reopens after eight-month closure

    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk

    The main provincial road linking New Caledonia’s capital, Nouméa, to the south of the main island will be fully reopened to motorists after almost eight months.

    Route Provinciale 1 (RP1), which passes through Saint Louis, had been the scene of violent acts — theft, assault, carjackings — against passing motorists and deemed too dangerous to remain open to the public.

    Instead, since the violent riots that started in mid-May 2024, residents of nearby Mont-Dore had to take special sea ferries to travel to Nouméa, while police and gendarmes gradually organised protected convoys at specific hours.

    The rest of the time, motorists and pedestrians were “filtered” by law enforcement officers, with two “locks” located at each side of the Saint Louis village.

    The troubled road was even fully closed to traffic in July 2024 after tensions and violence in Saint Louis peaked.

    Last Friday, January 31, French High Commissioner Louis Le Franc announced that the RP1 would be fully reopened to traffic from today.

    Gendarme patrols stay
    The French High Commission, however, stressed that the law enforcement setup and gendarme patrols would remain posted “as long as it takes to ensure everyone’s safety”.

    “Should any problem arise, the high commission reserves the right to immediately reduce traffic hours,” a media release warned.

    The RP1’s reopening coincides with the beginning, this week, of crucial talks in Paris between pro-independence, pro-France camps and the French state on New Caledonia’s political future status.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: Economy grows 2.5% in 2024

    Source: Hong Kong Information Services

    Hong Kong’s economy in the fourth quarter of 2024 increased 2.4% year-on-year, and grew 2.5% for 2024 as a whole.

    The Census & Statistics Department announced the figures today as it released its advance estimates on gross domestic product (GDP) for the fourth quarter and the whole of 2024.

    According to the estimates, private consumption expenditure decreased 0.2% in real terms in the fourth quarter of 2024 over a year earlier, while it decreased 0.6% for the whole year.

    Government consumption expenditure grew 1.9% year-on-year and expanded 0.9% for 2024 as a whole.

    Gross domestic fixed capital formation fell 0.9% year-on-year and increased 2.4% for the whole of 2024.

    Over the same period, total goods exports and imports grew 1.2% and 0.1% from a year earlier. For the whole of 2024, total goods exports and imports increased 4.7% and 2.3%.

    Compared with a year earlier, exports of services rose 5.6% in the fourth quarter, while imports of services went up 8.7%. For 2024 in full, exports and imports of services increased 4.8% and 11.8% respectively.

    Commenting on the figures, the Government said the Hong Kong economy posted moderate growth of 2.5% in 2024, further to 3.2% growth in 2023.

    During the year, total exports of goods resumed growth amid improved external demand. Exports of services continued to increase, driven by further growth of visitor arrivals and improvement in other cross-border economic activities. Overall investment expenditure showed a further increase as the economy continued to expand.

    However, private consumption expenditure recorded a slight decline, affected by the change in residents’ consumption patterns.

    Looking ahead, the Hong Kong economy is expected to register further growth in 2025 despite heightened uncertainties in the external environment. Trade protectionist policies implemented by the US may disrupt global trade flows and adversely affect Hong Kong’s goods exports, and also lead to a slower pace of interest rate cuts in the US and keep the Hong Kong dollar strong for longer.

    Nevertheless, the Mainland’s proactive policy to boost its economy will help bolster market confidence and benefit a wide spectrum of economic segments in Hong Kong. The central government’s various measures benefitting Hong Kong, coupled with the Hong Kong Special Administrative Region Government’s wide range of initiatives to promote economic growth, will also provide support to various economic activities, it added.

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Minister for Foreign Affairs visited Peru

    Source: Government of Sweden

    Minister for Foreign Affairs visited Peru – Government.se

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    On 30–31 January 2025, Minister for Foreign Affairs Maria Malmer Stenergard visited Peru together with a business delegation. The visit highlights Sweden’s good relations and mutual trade interests with Peru.

    The visit took place in the capital, Lima, and was conducted together with a business delegation in the areas of mining and energy. Ms Malmer Stenergard met with Peru’s Prime Minister Gustavo Adrianzén, Minister of Foreign Affairs Elmer Schialer and Minister of Economy and Finance José Arista. Current foreign policy issues, Swedish-Peruvian trade relations and cooperation in areas such as sustainable mining were included in their discussions.

    Together with Peru’s Vice Minister of Mines and Energy, Ms Malmer Stenergard opened the Sweden-Peru Mining Summit. There are many Swedish businesses operating in Peru, and the Swedish Government sees good opportunities to strengthen cooperation in areas such as trade, mining and green transition.

    MIL OSI Europe News

  • MIL-OSI: Transactions in connection with share buyback programme

    Source: GlobeNewswire (MIL-OSI)

     Tryg – Transactions in connection with share buyback programme

    On 04 December 2024, Tryg A/S (“Tryg”) announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 2.0 billion. The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share buyback programme will end no later than 30 June 2025.

    Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis.

    The following transactions have been executed in the period 27 January 2025 to 31 January 2025:

      Number
    of shares
    Avg. purchase
    price, DKK
    Transaction value, DKK
    27 January 2025  170,000  146.28  24,867,600
    28 January 2025  174,587  146.44  25,566,520
    29 January 2025  170,000  146.71  24,940,700
    30 January 2025  160,000  146.36  23,417,600
    31 January 2025  160,000  146.35  23,416,000
    Accumulated for the period  834,587    122,208,420
    Accumulated under the programme  5,010,787    762,697,204

    Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix.

    Following the above transactions, Tryg owns a total of 6,150,449 treasury shares corresponding to 0.998% of the total share capital.

    Attachment

    The MIL Network

  • MIL-OSI Economics: Guest blog: The role of litigation funding in advancing international arbitration in MENA  

    Source: International Chamber of Commerce

    Headline: Guest blog: The role of litigation funding in advancing international arbitration in MENA  

    In this guest blog, sponsor of the 13th ICC MENA Conference, WinJustice, explains how litigation funding, an innovative financial solution, is now bridging this gap, transforming arbitration into a more accessible and equitable process for all parties. 

    As a leading  funding firm in the UAE, WinJustice is at the forefront of this transformation, advocating for broader adoption of litigation funding to strengthen the region’s arbitration ecosystem. 

    The benefits of litigation funding in arbitration 

    Litigation funding has become a game-changer in international arbitration. By covering the legal and procedural costs of arbitration, it provides claimants with the financial support needed to pursue meritorious claims. This is especially vital in the MENA region, where many businesses face significant financial constraints when initiating or defending claims in arbitration. 

    Key benefits of litigation funding include: 

    1. Reducing financial barriers: Claimants no longer need to rely solely on their financial resources to engage in arbitration, enabling fairer access to justice. 
    1. Promoting high-quality representation: Litigation funding ensures that claimants can access top-tier legal counsel and expert witnesses, significantly enhancing the quality of arbitration proceedings. 
    1. Risk mitigation: Funders typically work on a no-win, no-fee basis, assuming the financial risk of unsuccessful claims, thereby offering claimants peace of mind. 

    Case studies: Global lessons for the MENA region 

    In jurisdictions where litigation funding is well-established, such as the UK and Australia, the positive impact on arbitration proceedings is evident. For instance, a funded claimant in a high-profile cross-border dispute in London successfully recovered damages after overcoming significant financial hurdles. 

    Drawing on such global experiences, WinJustice believes that the adoption of litigation funding in the MENA region will similarly empower businesses to seek justice. By levelling the playing field, litigation funding fosters a more inclusive and robust arbitration environment. 

    Impact on the MENA region 

    The MENA region is witnessing rapid economic growth and diversification, leading to an inevitable increase in commercial disputes. As arbitration becomes the preferred method for resolving these disputes, litigation funding serves as a catalyst for the region’s legal and economic development. 

    1. Enhancing trust in arbitration: By providing financial solutions, litigation funding strengthens trust in arbitration as a fair and efficient dispute resolution mechanism. 
    1. Attracting international investors: A robust arbitration framework supported by litigation funding reassures investors about the region’s commitment to the rule of law and dispute resolution. 
    1. Accelerating economic growth: With greater access to arbitration, businesses can resolve disputes more effectively, contributing to overall economic stability. 

    WinJustice’s commitment to driving these outcomes highlights the transformative role of litigation funding in the MENA arbitration landscape. 

    Conclusion 

    Litigation funding is revolutionising international arbitration by ensuring that financial constraints no longer hinder access to justice. As a pioneer in this field, WinJustice is proud to lead the conversation at the 13th ICC MENA Conference, showcasing how litigation funding can accelerate arbitration proceedings and foster a fairer dispute resolution process in the region. 

    The future of arbitration in the MENA region lies in innovative solutions like litigation funding, which not only empower claimants but also strengthen the overall arbitration ecosystem. 

    *Disclaimer: The content of this article may not reflect the official views of the International Chamber of Commerce. The opinions expressed are solely those of the authors and other contributors. 

    MIL OSI Economics

  • MIL-OSI Submissions: Economy – KOF Employment Indicator: outlook remains subdued

    Source: KOF Economic Institute

    The KOF Employment Indicator has fallen slightly in the first quarter of 2025 compared with last quarter. This decline is primarily due to the worsening employment prospects in the retail and manufacturing sectors. Overall, the Swiss labour market is expected to remain subdued this quarter and next.

    In the first quarter of 2025 the KOF Employment Indicator has fallen to 2.6 points, down from 3 points (revised from 3.9 points) in the last quarter of 2024. The indicator is thus continuing to move towards its long-term average of 1.5 points. The analysis conducted for the first quarter of 2025 is based on the responses of around 4,500 firms that were surveyed in January about their employment plans and forecasts. As the KOF Employment Indicator is used to predict the actual employment trend, the current indicator value points to a moderate employment trend on the Swiss labour market over the coming months.

    The modest decline in the employment indicator is attributable to both of its sub-components. On balance, the firms surveyed rate the employment outlook for the next three months as being slightly less positive than it was three months ago (2 points compared with 2.5 points one quarter ago). In addition, their assessment of the employment situation has also deteriorated slightly overall (3.2 points compared with 3.5 points one quarter ago).

    Bleak employment prospects in manufacturing

    The sectors with the most negative employment outlook are wholesale and manufacturing. In manufacturing, for example, a clear majority of firms consider their current staffing levels to be too high on balance and are planning to reduce them over the coming months. The KOF Employment Indicator for this sector has fallen further since last quarter and now stands at minus 12.4 points. It has been in negative territory since mid-2023.

    On balance, most of the firms surveyed in the retail, wholesale and hospitality sectors are also planning to reduce their workforces. In the other sectors, however – particularly in insurance, construction and other services – the number of firms that expect to increase their headcount exceeds those that do not.

    MIL OSI – Submitted News

  • MIL-OSI United Kingdom: Views sought on local Policing and Community Safety Partnership

    Source: Northern Ireland – City of Derry

    Views sought on local Policing and Community Safety Partnership

    3 February 2025

    The Derry and Strabane Policing and Community Safety Partnership (PCSP) is conducting an online survey to gauge the public’s views on community safety and crime concerns.

    The PCSP aims to help make communities safer by focussing on the Policing and Community Safety issues that matter most across the council area, to ensure that the voices of local people are heard and to empower communities to work in partnership to develop solutions. PCSPs work with the community to identify issues of concern in the local area and prepare plans to deliver practical solutions that will help to tackle crime, the fear of crime and anti-social behaviour.

    The Derry and Strabane PCSP works in partnership to identify and co-ordinate the delivery of community safety projects that are innovative, reflect good practices and involve community groups and partners agencies.

    The partnership also operates a Policing Committee comprised of its Elected/ Independent Members with the aim of improving community confidence in policing.

    Encouraging people to give their views, the PCSP Chair, Councillor Martin Reilly, said: “Everyone can play their part in helping to protect their local community and we can work together to tackle the issues more effectively on the ground. This community safety survey is your chance to highlight the issues in your area and help us develop strategies to keep our community safe. It is an opportunity for you to let us know what the PCSP could do for you and your community and where to focus our resources.

    “I would encourage everyone to have their say and take a few minutes to complete the online Community Safety survey. We really appreciate everyone’s input – your voice matters in crime prevention and keeping our community safe”.

    To fill in the online survey just click on this link which will be available until Friday 21st February 2024.

    https://forms.office.com/e/5ydZxcxGFd

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Neighbours’ stand against anti-social behaviour helps council eviction

    Source: City of York

    Following a ruling by a District Judge yesterday, a council tenant has been evicted as his drink and drug-related activities and anti-social behaviour caused misery for his neighbours

    The council was granted a possession order by York County Court to end the tenancy of Dawon Belleh, aged 42 of 8 Oldman Court, Foxwood. Mr. Belleh was evicted yesterday, Thursday 30 January 2025.

    This follows reports from neighbours to the council and police about drink and drug taking and dealing, loud noise and arguments at the apartment, and an endless succession of visitors. The anti-social behaviour in the property and area was a continual source of disruption and concerns for local people, who were worried about its impact on their families.

    City of York Council officers served a legal warning of eviction (a Notice of Intention to Seek Possession) on Mr Belleh, which he breached. This resulted in the council being granted an eviction order (a Suspended Possession Order) by York County Court, to be activated only if further breaches were found.

    Following complaints from neighbours and evidence of loud noise, drink and drug taking, numerous and anti-social visitors, the council returned the case to York County Court. Where, after considering evidence, the Judge granted the Council permission to apply for a warrant of eviction.

    Mr. Belleh asked the court to suspend the warrant of eviction which was refused on 30 January by the District Judge. Council officers then evicted Mr. Belleh, advising him where he could apply for new housing, should he need it.

    Councillor Michael Pavlovic, Executive Member for Housing at City of York Council, said:

    Our tenancy agreements specify that criminal or anti-social behaviour can result in tenancies being ended. Thanks to Mr. Belleh’s neighbours co-operating with the council and police, their evidence and reports ensured that we were able to stop the nuisance they experienced from this tenant. This case sends a clear message we will take action to protect neighbours and free homes to tenants who respect and abide by the tenancy agreements.”

    Sergeant Charlotte Gregory of North Yorkshire Police, added:

    Drug use and anti-social behaviour has a detrimental impact of the quality of life for local people. It’s unacceptable and we’ll use all the powers and resources available to us to take action against those who make other people’s lives a misery.

    “This result is evidence of our joint working with City of York Council and my thanks go to them for their work that has culminated in this eviction. I hope local people are reassured that we will take action and will continue to do so, as part of Project Titan, a York-based operation to tackle drugs and the impact on our communities.”

    Please report anti-social behaviour here or report it to the police on telephone: 101 if a non-emergency.

    Anti-social noise levels can be reported here or by calling telephone: 01904 551525 Monday-Friday 8.30am to 5.00pm, or by calling the Noise Patrol telephone: 01904 551555 from 9.00pm Friday to 3.00am Saturday and between 9.00pm Saturday to 3.00am Sunday.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New chief executive Stannard “ambitious” for Manchester

    Source: City of Manchester

    Manchester City Council’s new Chief Executive Tom Stannard starts in the role today, Monday 3 February 2025. 

    Tom becomes only the third Chief Executive in more than 25 years in a city which prides itself on stability and long-term strategic planning. 

    He brings with him considerable experience, having served as Chief Executive in neighbouring Salford City Council for the past four years – overseeing achievements including the transformative regeneration of Salford, an ambitious council housebuilding programme and high-performing children’s services – and held a number of senior posts in a long local government career.  

    Tom is nationally recognised as a leading voice in local government, public service reform and delivering inclusive growth and currently holds the lead chief executive brief for Greater Manchester in the economy, business and international portfolio.   

    He joins the Council at a pivotal moment as it gears up to bring forward the 2025-2035 Our Manchester Strategy which will guide the city in the decade ahead. The new vision will aim to build on the achievements of the 2015-2025 plan, delivering economic growth that benefits everyone – including by addressing inequalities through the Making Manchester Fairer action plan and pursuing ambitious housebuilding and zero carbon programmes.  

    As well as driving forward this long-term strategy, Tom will ensure the Council stays focused on providing high quality day-to-day services and supporting clean, green and vibrant neighbourhoods across the city.  

    Tom will also be the place-based lead for Manchester and its locality health arrangements within the Greater Manchester Integrated Care system.  

    Cllr Bev Craig, Leader of Manchester City Council, said: “Tom brings experience, energy and ideas to this important role for the city and will oversee the delivery of our vision for Manchester’s next decade.  

    “The city is on a positive trajectory, making an impact on the world stage while continuing to improve its neighbourhoods and create opportunities for its residents, and I’m looking forward to working with Tom in the years ahead to take these achievements to the next level.”  

    Tom Stannard, Chief Executive of Manchester City Council, said: “I’m highly ambitious for Manchester and the people who call it home.  

    “I’ve lived and worked in Greater Manchester for much of my career so I know the area well and have a deep personal commitment to it. But at the same time, there’s always more insight to gain and I’m looking forward to getting to know more of those who make up Team Manchester – from the elected members and council staff to partner organisations, businesses and residents who all have a part to play in the city’s success.  

    “This is an incredible job in a remarkable city and I’m delighted to be here to get working on behalf of Manchester and its people.” 

    MIL OSI United Kingdom

  • MIL-OSI Russia: The Polytechnic University held a refresher course on the topic “RISC-V Ecosystem”

    Translartion. Region: Russians Fedetion –

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

    At the end of January, the Higher School of Electronics and Microsystems Engineering of the Institute of Electronics and Telecommunications of SPbPU held a unique advanced training course on the topic “RISC-V Ecosystem: Development and System Programming”.

    The course was devoted to the development of hardware and software for modern extensible open instruction sets and RISC-V processor architectures, which are widely used in rapidly developing areas of information technology, including the Internet of Things and artificial intelligence.

    The course instructors were practicing specialists from SPbPU, ETU “LETI”, SPbSU, MIET, MIEM, UNN with extensive experience in this field, which ensured a high level of training and relevant knowledge for the participants. The audience included representatives of enterprises and universities from St. Petersburg, Moscow, Nizhny Novgorod, Saratov, Voronezh, Krasnoyarsk, Yekaterinburg (more than 10 organizations in total). Classes continued in an intensive mode throughout the week, on the final day, Dmitry Tikhonov, Vice-Rector for Continuing and Pre-University Education at SPbPU, presented the course participants with certificates of advanced training.

    The hardware for the course was deployed and installed with the support of the YADRO group of companies at the joint scientific laboratory “RISC-V Digital Technologies (YADRO-Polytech)”.

    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 Europe: Address of the Holy Father to the participants in the World Leaders Summit on Children’s Rights

    Source: The Holy See

    Address of the Holy Father to the participants in the World Leaders Summit on Children’s Rights, 03.02.2025
    This morning, in the Vatican Apostolic Palace, the World Leaders Summit on Children’s Rights took place. Entitled “Love them and protect them”, the Summit was organized by the Pontifical Committee for World Children’s Day.
    The following is the address delivered by the Pope to the participants in the Summit at its inauguration:

    Address of the Holy Father
    Your Majesty,Dear brothers and sisters, good morning!
    I greet the Secretary of State, the Cardinals and the distinguished participants in this World Leaders Summit on Children’s Rights, entitled “Love them and Protect them”.  I thank you for accepting the invitation and I am confident that, by pooling your experience and expertise, you can open new avenues to assist and protect the children whose rights are daily trampled upon and ignored.
    Even today, too often the lives of millions of children are marked by poverty, war, lack of schooling, injustice and exploitation. Children and adolescents in poorer countries, or those torn apart by tragic conflicts, are forced to endure terrible trials. Nor is the more resource-rich world immune from injustice. Where, thank God, people do not suffer from war or hunger, there are problematic peripheries, where little ones are not infrequently vulnerable and suffer from problems that we cannot underestimate. In fact, to a much greater extent than in the past, schools and health services have to deal with children already tested by many difficulties, with anxious or depressed youngsters, and adolescents drawn to forms of aggression or self-harm. Moreover, a culture of efficiency looks upon childhood itself, like old age, as a “periphery” of existence.
    Increasingly, those who have their whole life ahead of them are unable to approach it with optimism and confidence. It is precisely young people, who are the signs of hope in every society, who struggle to find hope in themselves. This is sad and troubling.  Indeed, “it is sad to see young people who are without hope, who face an uncertain and unpromising future, who lack employment or job security, or realistic prospects after finishing school. Without the hope that their dreams can come true, they will inevitably grow discouraged and listless” (Bull Spes Non Confundit, 12).
    What we have tragically seen almost every day in recent times, namely children dying beneath bombs, sacrificed to the idols of power, ideology, and nationalistic interests, is unacceptable. In truth, nothing is worth the life of a child. To kill children is to deny the future. In some cases, minors themselves are forced to fight under the effect of drugs. Even in countries without war, violence between criminal gangs becomes just as deadly for children, and often leaves them orphaned and marginalized.
    The pathological individualism of developed countries is also detrimental to children.  Sometimes they are mistreated or even put to death by the very people who should be protecting and nurturing them. They fall victim to quarrelling, social or mental distress and parental addictions.
    Many children die as migrants at sea, in the desert or along the many routes of journeys undertaken out of desperate hope. Countless others succumb to a lack of medical care or various types of exploitation. All these situations are different, but they raise the same question: How is it possible that a child’s life should end like this?
    Surely this is unacceptable, and we must guard against becoming inured to this reality. A childhood denied is a silent scream condemning the wrongness of the economic system, the criminal nature of wars, the lack of adequate medical care and schooling. The burden of these injustices weighs most heavily on the least and the most defenceless of our brothers and sisters. At the level of international organizations, this is called a “global moral crisis”.
    We are here today to say that we do not want this to become the new normal. We refuse to get used to it. Certain practices in the media tend to make us insensitive, leading to a general hardening of hearts. Indeed, we risk losing what is noblest in the human heart: mercy and compassion. More than once, I have shared this concern with some of you who represent various religious communities.
    Today, more than forty million children have been displaced by conflict and about a hundred million are homeless. There is also the tragedy of child slavery: some one hundred and sixty million children are victims of forced labour, trafficking, abuse and exploitation of all kinds, including compulsory marriages. There are millions of migrant children, sometimes with families but often alone. This phenomenon of unaccompanied minors is increasingly frequent and serious.
    Many other minors live in “limbo” because they were not registered at birth. An estimated one hundred and fifty million “invisible” children have no legal existence.  This is an obstacle to their accessing education or health care, yet worse still, since they do not enjoy legal protection, they can easily be abused or sold as slaves. This actually happens! We can think of the young Rohingya children, who often struggle to get registered, or the “undocumented” children at the border of the United States, those first victims of that exodus of despair and hope made by the thousands of people coming from the South towards the United States of America, and many others.
    Sadly, this history of oppression of children is constantly repeated. If we ask the elderly, our grandparents, about the war they experienced when they were young, the tragedy emerges from their memories: the darkness – everything is dark during the war, colours practically disappear – and the stench, the cold, the hunger, the dirt, the fear, the scavenging, the loss of parents and homes, abandonment and all kinds of violence. I grew up with the stories of the First World War told by my grandfather, and this opened my eyes and heart to the horror of war.
    Seeing things through the eyes of those who have lived through war is the best way to understand the inestimable value of life. Yet also listening to those children who today live in violence, exploitation or injustice serves to strengthen our “no” to war, to the throwaway culture of waste and profit, in which everything is bought and sold without respect or care for life, especially when that life is small and defenceless. In the name of this throwaway mentality, in which the human being becomes all-powerful, unborn life is sacrificed through the murderous practice of abortion.  Abortion suppresses the life of children and cuts off the source of hope for the whole of society.
    Sisters and brothers, how important it is to listen, for we need to realize that young children understand, remember and speak to us. And with their looks and their silences, too, they speak to us. So let us listen to them!
    Dear friends, I thank you and encourage you, with God’s grace, to make the most of the opportunities afforded by this meeting.  I pray that your contributions will help to build a better world for children, and consequently for everyone!  For me, it is a source of hope that we are all here together, to put children, their rights, their dreams, and their demand for a future at the centre of our concern. Thanks to all of you, and God bless you!

    MIL OSI Europe News

  • MIL-OSI United Nations: Workshop on Population and Housing Censuses

    Source: United Nations Economic Commission for Europe

    30 September – 01 October 2024

    Palais des Nations, Geneva, Switzerland

    General

    62833 _ Report _ 397250 _ English _ 773 _ 428254 _ pdf
    62833 _ Report _ 397250 _ Russian _ 864 _ 428255 _ pdf

    Census plans and experiences

    Understanding users and uses of census data; seeking and acting on stakeholder feedback

    Assessing readiness to adopt administrative sources for or in support of censuses

    Dissemination

    Measuring degrees of urbanization

    MIL OSI United Nations News

  • MIL-OSI United Nations: The Importance of Collaboration between Statisticians and Policymakers for the 2030 Agenda for Sustainable Development

    Source: United Nations Economic Commission for Europe

    National Statistics Offices (NSOs) and Policy departments have had a long-standing relationship where the NSO prepares statistical information to help policy departments make effective policy decisions.  Often, the dialogue between NSOs and policy departments has been limited to the NSO preparing data tables or microdata files for the use of policy makers, with little real communication taking place. 

    However, the enormous amount of data and statistical information required for SDGs coupled with the complex nature of the intersectionality of the SDGs, translates into a need for policy makers and national statistics offices to collaborate and enhance communication to be able to adequately respond to the ambitious nature of the 2030 Agenda.

    This webinar will bring together policy makers and statisticians to discuss how the SDGs have given rise to a deeper level of collaboration.  It will provide opportunity to discuss what works and what does not work from those working on SDG policy and those working to provide the necessary statistics.  It will also provide space to share best practices from real experiences in different countries.

    The webinar was organized by the CES Steering Group on Statistics for SDGs in collaboration with Statistics Canada.

    Keynote speech:

    Mogens Lykketoft – Former Danish Minister of Finance, President of the United Nations General Assembly’s 70th session

    Moderator:

    Cara Williams – IAEG-SDGs Co-chair, SDG statistics focal point, Statistics Canada

    Panelists:

    Cristina Mattson Lundberg – Swedish Ministry of the Environment

    Gabriel Wikström – Sweden’s National Coordinator on the 2030 Agenda

    Viggo Barmen – Swedish Ministry for Foreign Affairs 

    Amit Yagur-Kroll – National focal point for SDG statistics, Israeli Central Bureau of Statistics

    Live Rognerud – SDG data focal point, Statistics Norway

    Olivier Bullion – Director SDG unit, Employment and Social Development Canada

    Renata Bielak – Director SDGs, Statistics Poland

    Presentations:
    Collaboration between statisticians and policy makers for the 2030 Agenda – Sweden

    Broadening the SDG dialogue in Poland – Poland

    MIL OSI United Nations News

  • MIL-OSI United Nations: UN Regional Commissions’ High-Level Side Event at CBD COP-16: Key Actions for Interregional and Regional Implementation of the Kunming-Montreal Global Biodiversity Framework

    Source: United Nations Economic Commission for Europe

    The UN Regional Commissions (RCs), with their unique ability to address diverse regional approaches and needs, and their mandate to drive transformative actions, play a crucial role in supporting Member States in achieving the 2030 Agenda, the Biodiversity Plan, the climate agenda, and fostering structural changes in economies and production systems.

    RCs contribute significantly to planning and monitoring development aimed at integrating the three dimensions of sustainable development. They are actively addressing the biodiversity challenge in key areas such as biodiversity mainstreaming, climate action, human rights, resource mobilization, sustainable management, bioeconomy, governance, and participation processes, among others.

    This action-oriented side event will launch a joint document on regional actions to accelerate the implementation of the Kunming-Montreal Global Biodiversity Framework. It will explore the impact of a coordinated approach and how RCs can support collaborative and inclusive efforts to facilitate the early implementation of the Global Biodiversity Framework (GBF). Through an overview of challenges, progress, opportunities, and good practices from all regions—along with cross-cutting issues of shared concern—the dialogue will focus on identifying complementary strategies, mechanisms, and key stakeholders.

    Objectives of the event:

    • Launch the publication: “Mainstreaming Biodiversity and Investment Across Regions and Sectors: Key Messages, Good Practices, and Actions from United Nations Regional Commissions,” which supports the regional implementation of the Kunming-Montreal GBF.
    • Present key actions and explore potential common approaches by RCs on key issues, policy recommendations, and actions that can drive regional transformation and facilitate national and subnational implementation of multiple targets of the Kunming-Montreal Global Biodiversity Framework
    • Highlight key experiences and lessons learned by RCs in biodiversity mainstreaming, resource mobilization, monitoring, and assessment, and discuss shared perspectives, challenges, and cross-cutting priority areas across regions

    For more information, please visit: https://www.cbd.int/side-events/5602

    MIL OSI United Nations News

  • MIL-OSI Security: Casting a wider net: 3 500 authorities now linked via Europol

    Source: Europol

    Europol continues to strengthen the fight against crime through international cooperation, reaching a new milestone in its Secure Information Exchange Network Application (SIENA). Over the past year, Europol has expanded its network of SIENA connections from 3 000 to 3 500, adding, on average, two new partners every day.This development reflects Europol’s commitment to fostering collaboration between law enforcement authorities…

    MIL Security OSI

  • MIL-OSI: Smart Share Global Limited Regains Compliance with the Nasdaq Minimum Bid Price Requirement

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, Feb. 03, 2025 (GLOBE NEWSWIRE) — Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it received a notification letter (the “Compliance Notification”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), dated January 31, 2025, notifying the Company that it has regained compliance with the requirement of minimum bid price of US$1.00 per share set forth under Nasdaq Listing Rule 5550(a)(2).

    As announced on August 9, 2024, the Company received a letter from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of its American Depositary Shares (the “ADSs”) had been below US$1.00 per ADS for the previous 30 consecutive business days. The Company was provided with a compliance period of 180 calendar days, or until February 3, 2025, to regain compliance with the minimum bid price requirement.

    On January 31, 2025, Nasdaq confirmed in the Compliance Notification that the closing bid price of the Company’s ADSs has been at US$1.00 per share or higher for the 10 consecutive business days from January 16, 2025 to January 30, 2025. Accordingly, the Company has regained compliance with the minimum bid price requirement, and the matter is now closed.

    About Smart Share Global Limited

    Smart Share Global Limited (Nasdaq: EM), or Energy Monster, is a consumer tech company with the mission to energize everyday life. The Company is the largest provider of mobile device charging service in China with the number one market share. The Company provides mobile device charging service through its power banks, which are placed in POIs such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. Users may access the service by scanning the QR codes on Energy Monster’s cabinets to release the power banks. As of June 30, 2024, the Company had 9.5 million power banks in 1,267,000 POIs across more than 2,100 counties and county-level districts in China.

    Contact Us
    Investor Relations
    Hansen Shi
    ir@enmonster.com

    The MIL Network

  • MIL-OSI Video: FEMA Disaster Assistance Ad – Help Is Here – Apply Now – 30 second spot

    Source: United States of America – Federal Government Departments (video statements)

    If you were affected by a recent natural disaster, and are in a county designated for assistance, Help Is Here. To apply for FEMA assistance, or to update your application, go to DisasterAssistance.gov, or call 1-800-621-3362.

    https://www.youtube.com/watch?v=iVEu2U02AoY

    MIL OSI Video

  • MIL-OSI Video: Revolutionizing the Ice Cube #science #sustainable

    Source: United States of America – Federal Government Departments (video statements)

    https://www.youtube.com/watch?v=A0It1CzSszo

    MIL OSI Video

  • MIL-OSI Video: Ethics Rules for Federal Advisory Committee Members

    Source: United States of America – Federal Government Departments (video statements)

    Federal Advisory Committees provide important recommendations concerning science, international trade, farming, nutrition, and other significant matters. If you are serving on a Federal Advisory Committee, you need to know the applicable ethics rules to maintain the public’s trust in the important work of your committee. To assist advisory committee members across the Executive Branch, the USDA Office of Ethics is making this video publicly available on YouTube. If you are a USDA employee or are a member of a USDA Advisory Committee and you have any ethics questions, please don’t hesitate to contact the USDA Office of Ethics at: https://www.ethics.usda.gov. Also, be sure to download the innovative, and free, USDA Ethics App by searching “USDA Ethics” on any smart phone, and play the new inter-active USDA-NASA Lunar Greenhouse Ethics Learning Game (available on USDA’s Ethics webpage at www.usda.gov/ethics).

    https://www.youtube.com/watch?v=9xzJWhVByMs

    MIL OSI Video

  • MIL-OSI Video: Healthier Chocolate Milk #science #healthy #research

    Source: United States of America – Federal Government Departments (video statements)

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

    MIL OSI Video

  • MIL-OSI Video: 2023 Changes to SNAP Benefit Amounts

    Source: United States of America – Federal Government Departments (video statements)

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

    MIL OSI Video

  • MIL-OSI United Nations: Group of Experts on Measuring Poverty and Inequality

    Source: United Nations Economic Commission for Europe

    28 – 29 November 2024

    Palais des Nations, Geneva, Switzerland

    General

    68812 _ Report _ 398101 _ English _ 773 _ 430040 _ pdf

    A. Social policies, social transfers, and data

    B. Intra-household poverty

    C. Assets-based poverty and inequality

    D. Data sources and methods to complement surveys

    E. Energy poverty

    F. Inequality in consumption

    G. Hard-to-reach population groups

    H. Panel discussion – Drivers for change in poverty statistics

    I. Communicating statistics on poverty and inequality

    J. Work under the Conference of European Statisticians

    MIL OSI United Nations News

  • MIL-OSI United Nations: UNECE Expert Meeting on Statistical Data Collection and Sources 2025

    Source: United Nations Economic Commission for Europe

    About the meeting

    The event will serve as a platform for exchanging experiences and collaborating on innovative practices in data collection. The 2025 meeting will focus on optimizing data collection processes, emphasizing editing and cleaning, automation, AI integration, and leveraging non-traditional data sources. Highlights include sessions on AI-driven tools, strategies to enhance interviewer efficiency, and methods for integrating diverse data sources. Through discussions, interactive sessions, and knowledge sharing, the event seeks to advance strategies to enhance the efficiency and quality of statistical data collection across all domains.

    Document Title Documents Paper  Presentations
    ENG ENG
    Information Notice 1 PDF
    Information Notice 2 (logistic information)  
    Timetable  
    Report  

    MIL OSI United Nations News