NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: KB

  • MIL-OSI Economics: Trump presidency quickly impacting several areas of healthcare, says GlobalData

    Source: GlobalData

    Trump presidency quickly impacting several areas of healthcare, says GlobalData

    Posted in Medical Devices

    US President Donald Trump has recently enacted several significant changes to the country’s healthcare policy, focusing on withdrawing from the World Health Organization (WHO), implementing anti-abortion measures, and initiating a freeze on federal grant funding. These actions have far-reaching implications for various aspects of the healthcare system, including Medicaid, according to GlobalData, a leading data and analytics company.

    On January 20, 2025, Trump signed an executive order, directing the US to withdraw from the WHO. This decision marks the second attempt by the US to exit the WHO, following a similar move in 2020 that was later reversed by the subsequent administration.

    The executive order criticizes the WHO’s handling of the COVID-19 pandemic and alleges political interference by member states. It mandates the cessation of US funding and support to the WHO, the recall of US government personnel working with the organization, and a review of alternative partners for global health initiatives. The withdrawal has prompted concerns from global health experts about potential disruptions in international health collaboration and the management of global health crises.

    Alexandra Murdoch, Senior Medical Analyst at GlobalData, comments: “The US exit from the WHO is perplexing, and will not only leave a gap in WHO funding and health leadership, but will impact Americans health and safety too. The WHO funds a number of programs to treat and prevent many diseases in many countries, including the US.”

    Exiting the WHO is not the only change to healthcare President Trump has made since his inauguration. On January 24, he issued an executive order titled “Enforcing the Hyde Amendment,” which reinforces the prohibition of federal funding for elective abortions. This order revokes previous directives from the Biden administration that had expanded access to reproductive healthcare services, including abortion.

    By reinstating the Hyde Amendment’s restrictions, the order directs federal agencies to ensure compliance, effectively reducing federal support for abortion services. This move has significant implications for Medicaid, as it limits the use of federal funds for abortion services, potentially affecting low-income individuals who rely on Medicaid for healthcare coverage.

    As a result of policies like this, many states could see an increased demand for contraceptive devices to reduce the likelihood of unwanted pregnancies. According to GlobalData, the volume of reversible contraceptive devices is expected to increase at a 2.53% CAGR in the US from 2023-33. Reversible contraceptive devices in this case refer to diaphragms, hormonal implants, and intrauterine devices (IUDs).

    Murdoch continues: “Similarly, the Office of Management and Budget (OMB) issued a memorandum ordering a freeze on federal grants and financial assistance programs. This freeze has created uncertainty among organizations that depend on federal funding, including those providing healthcare services through Medicaid.”

    A federal judge in the District of Columbia has temporarily blocked the order to freeze funding, but the order had already disrupted Medicaid for many. Medicaid reimbursement portals were down across the country, and if the freeze is reinstated, it could lead to reduced resources for programs that support low-income populations, potentially compromising the quality and availability of care provided through Medicaid.

    Murdoch concludes: “President Trump’s recent actions represent a significant shift in US healthcare policy, emphasizing a departure from international health collaboration, reinforcing anti-abortion measures, and reevaluating funding priorities. These changes are likely to have substantial effects on healthcare in the US.”

    MIL OSI Economics –

    February 3, 2025
  • MIL-OSI Economics: NBA teams to generate $285.8 million from jersey patch deals for 2024-25 season, reveals GlobalData

    Source: GlobalData

    NBA teams to generate $285.8 million from jersey patch deals for 2024-25 season, reveals GlobalData

    Posted in Sport

    At the start of the 2024-25 National Basketball Association (NBA) season, all but three of the 30 competing teams boast an official patch partner. The league has permitted patch partners on jerseys since the start of the 2017-18 season, and the teams are financially benefitting from the additional sales opportunity. Overall, patch partnership deals are estimated to generate $285.8 million across the league, with teams averaging $10.6 million a season from these rights, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “The Business of the NBA 2024-25,” reveals that, based on the biggest individual market in the US, the New York Knicks are linked to the largest valued patch deal this season. Its partnership with ‘Experience Abu Dhabi’ is new for the 2024-25 season and valued at $30 million a season. For the brand, it is a deal based around tourism, as it looks to boost the global visibility of Abu Dhabi as a popular destination and comes off the back of several sports sponsorship rights claimed by Emirati brands in recent years.

    Jake Kemp, Sport Analyst at GlobalData, comments: “The arrival of ‘Experience Abu Dhabi’ in the league highlights a global push of the Middle Eastern brands in global sports markets. The size of its deal with the Knicks holds a higher value too because of its extended branding on the team warm-up shirts and the ability to use trademarks against the Knicks and its home venue – Madison Square Garden.

    “Brands from the region have been signing big deals in European sport for a number of years now, and North America could be a major target for Middle Eastern brands in the coming years. It highlights the popularity of the NBA, as a global product, with brand sponsorship interest moving away from the standard home-based brand deals.”

    The Charlotte Hornets, Los Angeles Clippers, and San Antonio Spurs are the only NBA teams this season without a patch partner. It marks a second straight season for the Clippers, which represents significant missed financial revenue, particularly given its strong city (LA) marketplace value.

    The Clippers most recently ended its patch partnership with ‘Honey’ at the end of the 2022-23 season, which was worth $8 million. Its lack of replacement since, however, suggests that they are overvaluing their patch rights. The Hornets and the Spurs have yet to replace their expired patch partnership from the 2023-24 season, with ‘Feastables’ and ‘Self’ respectively, worth $5 million and $10 million a season.

    Kemp continues: “Patch partnerships offer great exposure for brands, with prime branding on popular sports jerseys. With NBA teams playing 82 games a season, these brands are receiving strong exposure regularly and for a long period of time each season. NBA athletes are also seen as some of the biggest names in world sport and most followed on social media. Brands are able to build an association with these sports superstars through team jersey branding.”

    Patch partnerships were only introduced in the NBA in 2017, and every team has in this time signed a patch partner. Their popularity continues, as teams remain committed to not missing out on the multi-millions on offer. Across the league, there were 11 new patch partnerships signed ahead of the 2024-25 season.

    Kemp concludes: “The new patch deals in the league hold a combined estimated $122 million annual value. This is significantly boosted by the deals from the two New York based teams, as the New York Knicks and Brooklyn Nets deals stand at $30 million and $20 million, respectively.  Patch partnerships are highly sought after because of the in-game visibility if offers. Besides the Nike swoosh on all kits, there are no other brand logos as visible in the NBA.”

    MIL OSI Economics –

    February 3, 2025
  • MIL-OSI Economics: progcm.io: BaFin warns against website

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The website operator claims to be based in London, United Kingdom, and only goes by the name GCMpro. According to BaFin’s findings, the operator was also responsible in the past for the now inactive website progcm.com.

    BaFin issued a warning about the completely identical website gcmpro.org as early as 12 November 2020. In addition, BaFin has recently become aware of other websites with almost identical content, which it has also issued warnings about. In all cases, the presentation on the websites begins with the following sentence: ‘Step Up Your Trading with [name of operator]’.

    Anyone offering financial or investment services or crypto-asset services in Germany requires a licence from BaFin. However, some companies offer such services without the required licence. You can find information on whether a particular company is authorised by BaFin in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 3, 2025
  • MIL-OSI Economics: finance-ig.com: BaFin investigates website operator

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) is warning against the website finance-ig.com. According to the supervisory authority, financial and investment services as well as crypto-asset services are offered there without authorisation.

    The website operator provides alleged business addresses in Rotherham, United Kingdom, and Toronto, Canada. He claims to be registered in Canada. The identical website financeig.proxy56.com can also be found on the internet. The content, structure and wording of both websites largely correspond to the website fintechmarket-consulting.com, which BaFin warned against as early as 6 November 2023.

    Anyone offering banking transactions or financial and investment services or crypto-value services in Germany requires the permission of BaFin. However, some companies offer such services without having the necessary permission. Information on whether a particular company is authorised by BaFin can be found in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KWAG).’

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

    February 3, 2025
  • MIL-OSI Europe: VATICAN/ANGELUS – Pope Francis on the day of the Presentation of the Lord: “In Jesus dwells all the fullness of God”

    Source: Agenzia Fides – MIL OSI

    Sunday, 2 February 2025

    Vatican Media

    Vatican City (Agenzia Fides) – “This always leaves us astounded: universal salvation concentrated in just one! Yes, because in Jesus dwells the fullness of God, of His Love”, said Pope Francis during the Sunday Angelus prayer with the pilgrims and believers gathered in St. Peter’s Square on the Feast of the Presentation of the Lord.Commenting on the Sunday Gospel, which tells of the meeting of the Holy Family with Simeon and Anna in the Temple of Jerusalem, the Pope noted how the “moving voices” of the two old people “resound among the ancient stones of the Temple, announcing the fulfilment of Israel’s expectations. Truly God is present in the midst of His people: not because He dwells within the four walls, but because He lives as a man among men. And this is the novelty of Jesus”.In this context, the Bishop of Rome referred to the three words with which Simeon describes Jesus: He is “salvation”, “light” and “a sign of contradiction”.But above all, Jesus is salvation, “the salvation of the world is concentrated in everyone”, “because in Jesus dwells the fullness of God”. Jesus is also the light, because he “will redeem it from the darkness of evil, pain and death. How much we need light, this light, even today!”.And then Jesus is “a sign of contradiction. Jesus reveals the criterion for judging the whole of history and its drama, and also the life of each one of us”, namely love.After the blessing, the Pope recalled the “Day for Life” that the Italian Church is celebrating today: “I join with the Italian bishops in expressing gratitude to the many families who eagerly welcome the gift of life and in encouraging young couples not to be afraid of bringing children into the world”.And speaking of the primary value of human life, the Pontiff reiterated the ‘no’ to war, which destroys, it destroys everything, it destroys life and induces us to disregard it”. In this Jubilee Year, he renewed his appeal “especially to Christian governors, to do their utmost in the negotiations to bring all the ongoing conflicts to an end. Let us pray for peace in tormented Ukraine, in Palestine, Israel, Lebanon, Myanmar, Sudan and North Kivu.” (F.B.) (Agenzia Fides, 2/2/2025)
    Share:

    MIL OSI Europe News –

    February 3, 2025
  • MIL-OSI Russia: Polytechnic University’s AI Seminars Are Trending on the Information Agenda

    Translartion. Region: Russians Fedetion –

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

    Another seminar on artificial intelligence was held at the Saint Petersburg Polytechnic University.

    Opening the meeting, SPbPU Vice-Rector for Research Yuri Fomin reminded the participants of the resonance in the global community caused by the neural network of the Chinese company DeepSeek.

    This reaction to artificial intelligence technologies once again confirms that they are trending today. And this adds new colors to our seminars, which we organized to talk about the research that is being conducted in our laboratories as popularly as possible. Because we, of course, will be active participants and authors of new technological solutions, – noted Yuri Vladimirovich.

    The fourth Polytechnic University seminar on AI attracted the attention of not only the university audience, but also external participants — representatives of the university’s industrial partners. The report of the Vice-Rector for Digital Transformation, Head of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov and Senior Researcher of the Engineering Center “Computer Engineering Center” of the SPbPU PISh Alexey Novokshenov on the topic “Artificial Intelligence in Industry on the CML-Bench® Digital Platform. Experience of Applying AI/ML in High-Tech Industry Tasks” was listened to with great interest. The scientists spoke about the digital platform for the development and application of CML-Bench® digital twins and the successful implementation of projects in the interests of the high-tech industry.

    According to Alexey Borovkov, the digital twin market is one of the fastest growing, and today it is being integrated by the largest market for artificial intelligence technologies. In addition, he noted that the CML-Bench® digital platform received a certificate of compliance with the software security requirements of the Federal Service for Technical and Export Control (FSTEC of Russia) at the sixth level of trust at the end of 2024.

    Today, our country faces an important task – achieving technological leadership, and domestic technologies, especially advanced digital and production technologies, play an important role here. Also, we should not forget about digital standardization. In 2022, the National Standard “Computer Models and Simulation. DIGITAL DOUBLES OF PRODUCTS. General Provisions” came into effect, which was developed by specialists of the NTI Center “New Production Technologies” of SPbPU together with specialists of the Federal State Unitary Enterprise “RFNC-VNIIEF” and with the participation of 25 more high-tech organizations and industry institutes. And whoever creates the standards dictates the rules, – Alexey Ivanovich emphasized and then spoke in detail about some developments using digital engineering for the fuel and energy complex and the aviation industry.

    During the discussion of the report, the seminar participants also identified a number of problems: lack of funds for testing; difficulties in introducing new developments into production; insufficient preparation of applicants entering engineering specialties.

    Alexey Gintsyak, head of the Digital Modeling of Industrial Systems laboratory of the Advanced Engineering School Digital Engineering, spoke about the study of approaches to creating intelligent multi-agent systems for predictive and prescriptive analytics in industry. The laboratory is part of the Scientific and Educational Center and the Association Artificial Intelligence in Industry and conducts a range of studies on forecasting and optimizing the activities of industrial enterprises. The report presented the results of fundamental projects carried out within the framework of a state assignment and with the support of the Russian Science Foundation, as well as the results of applied projects in various industries and economics: mechanical engineering, metallurgy, transport, and the oil and gas industry. In conclusion, the head of the laboratory shared plans for the further development of current research areas.

    Summing up the results of the seminar, Vice-Rector for Research Yuri Fomin suggested inviting speakers from other scientific organizations and universities to the seminars, and also announced the next meeting, which will be held on February 12 in the Kapitsa Hall of the Technopolis Polytech Research Building at 2 p.m.

    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 –

    February 3, 2025
  • MIL-OSI: Udbytter i Investeringsforeningen Nordea Invest for 2024

    Source: GlobeNewswire (MIL-OSI)

    Bestyrelsen i Investeringsforeningen Nordea Invest vil indstille nedenstående udbytter for afdelinger i Investeringsforeningen Nordea Invest til godkendelse på foreningens ordinære generalforsamling den 7. april 2025.

    Udbytterne fragår kursen den 4. februar 2025 og udbetales den 6. februar 2025.

    Hvis en afdeling ikke fremgår af listen, skyldes det, at der ikke udbetales udbytte.

    Afdeling ISIN Udbytte i kr. i alt pr. andel Aconto udbytte i kr. pr. andel Udbytte i kr. pr. andel til udbetaling den 6. februar 2025
    Aktier Ansvarlig KL 1 DK0061116027 8,8 0,0 8,8
    Aktier KL 1 DK0010250158 17,8 0,0 17,8
    Aktier II KL 1 DK0015357065 59,5 0,0 59,5
    Basis 2 KL 1 DK0016195944 5,4 0,0 5,4
    Basis 3 KL 1 DK0016196082 9,5 0,0 9,5
    Basis 4 KL 1 DK0060075893 9,0 0,0 9,0
    Danmark KL 1 DK0010265859 12,6 0,0 12,6
    Danske aktier fokus KL 1 DK0060012466 15,9 0,0 15,9
    Emerging Markets Enhanced KL 1 DK0060950111 1,8 0,0 1,8
    Emerging Markets KL 1 DK0010308170 6,1 0,0 6,1
    Europe Enhanced KL 1 DK0060949964 6,7 0,0 6,7
    European Small Cap Stars KL 1 DK0015960983 8,2 0,0 8,2
    European Stars KL 1 DK0010265693 8,3 0,0 8,3
    Global Enhanced KL 1 DK0060949881 8,1 0,0 8,1
    Global Small Cap Enhanced KL 1 DK0061112893 14,5 0,0 14,5
    Global Small Cap KL 1 DK0016050974 3,7 0,0 3,7
    Global Stars KL 1 DK0010301324 14,7 0,0 14,7
    Globale Aktier Indeks KL 1 DK0060451623 14,5 0,0 14,5
    Globale obligationer KL 1 DK0010170398 2,25 0,0 2,25
    Globale UdbytteAktier KL 1 DK0010265503 19,1 0,0 19,1
    HøjrenteLande KL 1 DK0016254899 2,0 0,0 2,0
    Japan Enhanced KL 1 DK0060950038 2,5 0,0 2,5
    Klima og Miljø KL 1 DK0060192185 11,0 0,0 11,0
    Korte obligationer Lagerbeskattet KL 1 DK0060014678 2,0 0,0 2,0
    Korte obligationer KL 1 DK0060268506 1,2 1,2 0,0
    Mellemlange obligationer KL 1 DK0015168686 1,4 1,4 0,0
    Nordic Small Cap KL 1 DK0015974695 33,6 0,0 33,6
    Nordic Stars KL 1 DK0060095735 3,5 0,0 3,5
    North America Enhanced KL 1 DK0060831451 19,3 0,0 19,3
    North American Stars KL 1 DK0010265776 4,0 0,0 4,0
    Obligationer Ansvarlig KL 1 DK0061139748 1,5 0,0 1,5
    Stabil Balanceret KL 1 DK0060014595 2,0 0,0 2,0
    Stabile Aktier KL 1 DK0060048304 8,7 0,0 8,7
    Virksomhedsobligationer Højrente KL1 DK0016067432 2,5 0,0 2,5

    Med venlig hilsen
    Nordea Fund Management, filial af Nordea Funds Oy, Finland

    Rasmus Eske Bruun
    Filialbestyrer

    The MIL Network –

    February 3, 2025
  • MIL-OSI: Virtune AB (Publ) (“Virtune”) has completed the monthly rebalancing for January 2025 of its Virtune Crypto Altcoin Index ETP

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, 3rd of February 2025 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm and Nasdaq Helsinki (ISIN code SE0023260716).

    In addition to the Virtune Crypto Altcoin 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 Polygon ETP 
    Virtune Staked Cardano ETP
    Virtune Crypto Top 10 Index ETP

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

    XRP: 17.99%
    Litecoin: 15.47%
    Solana: 14.94%
    Chainlink: 14.81%
    Cardano: 13.65%
    Avalanche: 11.85%
    Uniswap: 11.28%

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

    XRP: 14.29%
    Litecoin: 14.29%
    Solana: 14.29%
    Chainlink: 14.29%
    Cardano: 14.29%
    Avalanche: 14.29%
    Uniswap: 14.29%

    In connection with this month’s rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Altcoin Index ETP outcome for January was: +8.75%.

    The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Altcoin Index. The purpose of the monthly rebalancing is to reset the weights of each crypto asset to provide equal-weighted exposure to altcoins.

    In January, the market showed a mixed performance across major assets. XRP led the way with a significant growth of 46% throughout the month, while other major altcoins also performed strongly, such as Chainlink with a 25.30% increase and Solana with a 22.30% rise. However, the weakest performance came from Uniswap, which saw a decline of 11.10% in January.

    The performance of the crypto assets included in Virtune Crypto Altcoin Index ETP in January:

    XRP: +46%
    Chainlink: +25.30%
    Litecoin +24.30%
    Solana: +22.30%
    Cardano: +11.60%
    Avalanche: -3.72%
    Uniswap -11.10%

    Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region. It includes up to 10 leading alternative crypto assets (altcoins), excluding Bitcoin and Ethereum, that are part of the Nasdaq Crypto Index. Each altcoin is equally weighted to promote diversification; this structure allows investors to gain broad exposure to crypto assets beyond Bitcoin and Ethereum 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. 

    The MIL Network –

    February 3, 2025
  • MIL-OSI NGOs: Sudan malnutrition crisis: MSF renews call for immediate action to prevent death and starvation

    Source: Médecins Sans Frontières –

    • International donors, the UN, Sudan’s warring parties and their allies must do everything in their power to prevent more death from malnutrition in Sudan.
    • MSF has shared staggering data from malnutrition screenings in areas across Sudan, and the situation is expected to worsen during the upcoming rainy season.
    • It is possible to avoid further catastrophe if action is taken now.

    International donors, the UN, Sudan’s warring parties and their allies must act now to prevent even more avoidable deaths from malnutrition in Sudan, as the already catastrophic situation is expected to worsen this year, according to Médecins Sans Frontières (MSF).

    Half of Sudan’s population faces high levels of acute food insecurity (24.6 million people), among whom 8.5 million people face an emergency or famine-like situation according to the latest Integrated Food Security Phase Classification (IPC) report.

    “Despite this new wake-up call, robust humanitarian and diplomatic mobilisation to act on aid deliveries has fallen far short of the needs. To provide only those in the most extreme situation with monthly food rations, 2,500 aid trucks per month would be required, whereas only about 1,150 crossed into Darfur between August and December,” says Stephane Doyon, MSF operations manager.

    MSF has released data showing horrific rates of malnutrition in multiple locations, both at the height of Sudan’s lean season last year and as recently as December 2024. The conflict-driven malnutrition crisis has been exacerbated by the continued obstruction of aid by both of Sudan’s warring parties and by the neglectful inertia of the UN and aid system in Darfur. With the seasonal hunger gap coming in May, decisive action must be taken now.

    “Parts of Sudan are difficult to work in. But it is certainly possible, and this is what humanitarian organisations and the UN are supposed to do,” says Marcella Kraay, MSF emergency coordinator, speaking from Nyala, South Darfur state.

    “In places that are easier to access, as well as in the hardest to reach areas like North Darfur, options like air routes remain unexplored. The failure to act is a choice, and it’s killing people,”  says Kraay.

    The malnutrition crisis has been acknowledged for some time, with the UN in October warning that “never in history have so many people faced starvation and famine as in Sudan today.”

    Moving supplies will become an even more difficult task during the upcoming rainy and lean season, when flooded dirt roads become impossible to navigate. A wide-scale humanitarian response must be launched now, including by drastically increasing available funding and logistical capacities, securing food pipelines and prepositioning food stocks in Chad and neighbouring countries.

    MSF is calling for UN agencies, international organisations, donor countries, and governments with leverage to pursue all options, including air routes, to complement and even replace road access where necessary.

    Halima and her two month old baby see a doctor at the Kalma camp health centre, run by MSF. Sudan, December 2024.
    Abdoalsalam Abdallah

    Bureaucratic requirements from the warring parties have long been an obstacle to international organisations’ ability to reach and provide services to people. Rather than reacting to critical needs in a timely manner, permissions to respond are either delayed or denied altogether by the warring parties. This is impeding MSF ‘s work in South Darfur with aid trucks stuck in Chad waiting for permissions to move from the Rapid Support Forces (RSF) and their offices. A food distribution in South Darfur was also recently postponed as MSF was refused the necessary travel permits.

    Warring parties must grant unhindered access for humanitarian organisations. Access must be defined by lifesaving aid reaching people who need it, not by announcements celebrating piecemeal measures that fall far short. MSF calls for the warring parties, their allies, and influential states to use their leverage to ease the obstacles that are causing deaths and suffering.  
    MSF has provided data from different locations to demonstrate the depth of the malnutrition crisis. In North Darfur, where an RSF siege on its capital El Fasher is starving people and depriving them from lifesaving assistance, MSF teams screened over 9,500 children under five years old while conducting a therapeutic food distribution in Tawila locality in December 2024. They found a staggering global acute malnutrition estimate of 35.5 %, with 7% of the screened children suffering from severe acute malnutrition.

    Last September, 34% of the 29,300 children screened by MSF during a vaccination campaign in Zamzam camp were found to be suffering from acute malnutrition. Since the beginning of December, repeated shelling has made it impossible for our team to carry out further assessments in the camp and has most likely exacerbated the levels of malnutrition.

    Zahra Abdullah, living in Al Salam camp outside Nyala city This is not the first war I have experienced, but it is definitely the most devastating to my life. The living conditions here are harsh, and everything is a daily struggle.

    Zahra Abdullah, 25 years old, inside her kitchen after receiving their food basket. Sudan, January 2025.
    © Abdoalsalam Abdallah

    MSF teams also see concerning rates of malnutrition outside of Darfur, in areas where displaced people have sought shelter, or in areas closer to the conflict. In Omdurman, Khartoum state, a conflict zone under control of the Sudanese Armed Forces, MSF carried out a nutritional screening while assisting with a vaccination campaign for children in October 2024, finding 7.1% of children screened were severely acutely malnourished.

    MSF data also reveals that malnutrition is not only an issue for people close to frontlines, but also in more stable cities like Nyala, the capital of South Darfur. In October 2024, 23% of children under five screened at MSF-supported facilities in Nyala, South Darfur’s capital, and nearby locations were suffering from severe acute malnutrition. In two MSF-supported facilities, 26% of the pregnant and breastfeeding women seeking care were acutely malnourished. With WFP food distributions lacking, MSF launched a targeted food distribution in South Darfur in December 2024, providing two months’ food to about 30,000 people.

    Zahra Abdullah, 25 years old, received food for her and her son, they live together in the Al Salam displacement camp outside of Nyala city.

    “This is not the first war I have experienced, but it is definitely the most devastating to my life. The living conditions here are harsh, and everything is a daily struggle. The aid we receive has somewhat improved our situation. At least now, we finally have a meal in the morning,” says Zahra.

    “But even so, the suffering never ends. It starts with finding clean water to drink, continues with trying to provide enough food, and ends with finding a place to sleep. Sometimes I sit alone and think: is this the life I will live forever?” she says.

    For millions of people like Zahra, the time is now to act to prevent the situation from becoming ever more dire. MSF will continue to do what it can, but the scale is well beyond the organisation’s capacity to respond. We need to see a massive response now to prevent more death and starvation; timeliness is a matter of survival, not political expediency.

    You could also be interested in

     

    Conflict in Sudan

    Sudan: MSF condemns Omdurman market attack

    Statement 1 Feb 2025

     

    Conflict in Sudan

    MSF denounces violent attacks leading to suspension of activities at key Khartoum hospital

    Press Release 10 Jan 2025

     

    Conflict in Sudan

    MSF condemns RSF’s violent attack on Bashair Teaching hospital in South Khartoum

    Press Release 20 Dec 2024

    MIL OSI NGO –

    February 3, 2025
  • MIL-OSI Video: Informal EU Leaders’ retreat

    Source: European Commission (video statements)

    Press conference by António COSTA, President of the European Council, Ursula von der LEYEN, President of the European Commission and Donald TUSK, Polish Prime Minister

    You can read more about the exact contents of the Competitiveness Compass at the following link: https://europa.eu/!DXJPFw

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Visit our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=n52Ot2rwvyA

    MIL OSI Video –

    February 3, 2025
  • MIL-OSI United Kingdom: £16 million for new projects to boost UK benefits of satellite constellations

    Source: United Kingdom – Executive Government & Departments

    Two innovative projects are awarded a share of £16 million from the UK Space Agency today (3 February) to position the UK at the forefront of the latest advancements in satellite communications.

    EnSilica chip. Credit: EnSilica

    The funding will enable UK industry to capture a greater portion of the satellite mega-constellation market by developing technology that improves their efficiency and capability. It comes from the UK Space Agency’s Connectivity in Low Earth Orbit (C-LEO) programme, which will invest up to £160 million in UK expertise in this area over the next four years.

    Satellite constellations are enhancing global connectivity by providing high-speed internet access to remote and underserved areas, bridging the digital divide. These constellations are set to transform markets in maritime and aviation connectivity, changing how people communicate as they live and work in some of the remotest places on Earth.

    Telecoms Minister Sir Chris Bryant said:  

    The UK has all the cutting edge expertise and technology to spearhead the latest advancements in satellite communications and become a leader in this high-tech industry.

    These Government backed projects will not only provide significant advancements in mobile communication, but help to bridge the digital divide, connecting communities in the most hard-to-reach areas.

    Companies benefitting from this round of funding include Oxfordshire’s EnSilica plc, which will receive £10 million to develop novel silicon chips and software for a user terminal.  This will be compatible with UK and European constellations like OneWeb Next Generation. 

    In Cardiff, Excelerate Technology Ltd will receive £6 million to develop the small and flexible Mobility and Autonomy Market User Terminal (MAMUT) which will allow users to choose the operator and orbit via an app, reducing costs and enhancing global configurability.    

    The UK has a growing space sector, with a rich heritage in satellite design and the operation of large constellations. This new government funding is crucial to maintaining the UK’s competitive edge during a period of rapid change and growth in the global space sector.  

    In 2023, a new record was achieved with the successful launch of more than 2,900 satellites into space. The majority of these satellites are part of commercial constellations, which are expected to expand rapidly. A further 18,000 satellites are likely to be launched between 2021 and 2031, with mega-constellations comprising 75% of this total.  

    This is a significant opportunity for UK industry to secure high-value contracts within the global supply chain for satellite constellations, and to assume a leading role in the long-term growth of the satellite communication sector.  

    The UK is also a founding member of the European Space Agency (ESA) and hosts the European Centre for Space Applications and Telecommunications (ECSAT) in the Harwell Space Cluster. The C-LEO programme awards funding through two different routes. The projects announced today are grants awarded directly by the UK Space Agency, with further contracts from ESA set to follow in the coming months.  

    The announcement was made ahead of the UK Space Agency’s Ignite Space Conference, to be held this week at the National Space Centre in Leicester. This event highlights opportunities for small and medium-sized enterprises (SMEs) to connect with new customers, collaborators, and investors within the UK’s space industry and its supply chain.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

    February 3, 2025
  • MIL-OSI: Akuma Inu AI Announces Strategic Expansion on Base Chain to Revolutionize Meme Coins with ‘Memetility’

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) — Akuma Inu AI, the pioneering force behind “memetility”—the fusion of meme culture with real-world utility—has announced its strategic expansion onto the Base Chain, marking a significant milestone in the evolution of meme coins. This move is designed to enhance scalability, security, and accessibility, solidifying Akuma Inu AI’s role in reshaping the cryptocurrency landscape.

    A Timely Shift Amidst Market Volatility

    The recent launch of the $TRUMP meme coin has reignited discussions about the sustainability of meme-based cryptocurrencies. While many meme coins experience extreme volatility with little to no utility, Akuma Inu AI sets itself apart by integrating AI-powered security measures to combat rug pulls and ensure investor confidence. By launching on Base Chain, the project gains access to lower fees, faster transactions, and a robust infrastructure tailored for mass adoption.

    Why Base Chain?

    Base Chain, a Layer 2 solution backed by Coinbase, provides the ideal foundation for Akuma Inu AI’s expansion, offering enhanced transaction efficiency and security. This integration positions Akuma Inu AI as a leader in the next wave of meme coin innovation, ensuring that its community benefits from a more stable and scalable ecosystem.

    Tackling Rug Pulls with AI-Powered Protection

    Rug pulls remain one of the biggest threats in the crypto space, eroding investor trust and causing massive financial losses. Akuma Inu AI is tackling this issue head-on with advanced AI-driven vaulting systems and controlled emissions and sells . On top

    Of this it uses ai that assess project action , monitor users behavior and interactions , and provide real-time alerts, resulting in the foundation for action based income . The move to Base Chain strengthens these security features, offering a safer investment environment for users and generates revenue and reward for action .

    A Paradigm Shift in Meme Coin Evolution

    With its expansion onto Base Chain, Akuma Inu AI is not just embracing the future—it’s shaping it. This milestone underscores the project’s commitment to bridging cultural relevance with tangible benefits, setting a new precedent for the broader crypto ecosystem. As the industry braces for the next bull run, Akuma Inu AI’s innovative approach to “memetility” is expected to drive mass adoption and investor confidence.

    For the latest updates, visit akumainu.io or follow Akuma Inu AI on X (Twitter).

    CMC Listing:

    Check out Akuma Inu AI’s listing on CoinMarketCap: CMC Link

    Contact:
    Akuma godbreaker
    Akuma@akumainu.io

    Disclaimer: This content is provided by Akuma. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/9fd5ded9-f929-4db1-9b63-c18d61788ede

    The MIL Network –

    February 3, 2025
  • MIL-Evening Report: Labor’s dumping of Australia’s new nature laws means the environment is shaping as a key 2025 election issue

    Source: The Conversation (Au and NZ) – By Peter Burnett, Honorary Associate Professor, ANU College of Law, Australian National University

    Controversy over land clearing at the Lee Point (Binybara) housing development site, near Darwin, highlights the urgent need for environmental law reform. Euan Ritchie

    Prime Minister Anthony Albanese has shelved the proposed reforms to Australia’s 25-year-old environment laws, citing a lack of parliamentary support for the changes.

    The decision breaks Labor’s 2022 election commitment to overhaul the protections. The Albanese government is now the latest in a string of governments that have tried and failed to reform the law known formally as the Environmental Protection and Biodiversity Conservation (EPBC) Act.

    This is despite two major independent reviews calling for wholesale change.

    Labor’s capitulation does not, however, change the facts. Australia’s natural environment is deteriorating rapidly. Laws are urgently needed to protect our nation’s valuable natural assets.

    Establishing effective laws is an investment that will benefit Australia’s biodiversity, economy, cultural values, health and wellbeing. Nature is now a key 2025 election issue.

    How did we get here?

    An independent review of the EPBC Act, known as the Samuel Review, was completed in 2020 under the former Coalition government. It found that without urgent changes, most of Australia’s threatened plants, animals and ecosystems will become extinct.

    Federal Environment Minister Tanya Plibersek promised to act on the review’s recommendations, via a plan Labor badged as “Nature Positive”.

    The centrepiece of reform is to set national environmental standards that would be overseen by an independent regulator and watchdog called Environmental Protection Australia (EPA). But reform was split into three stages.

    Stage one legislated for national markets in nature repair and expanded the requirement to assess potential impacts on water resources under the EPBC Act. The so-called “water trigger” now captures “unconventional gas” projects such as shale gas recovery in the Northern Territory’s Beetaloo Basin. The law passed in December 2023, but the markets are not yet functioning.

    Stage two of the reforms, including establishing a federal EPA, came before the Senate in late 2024. Plibersek had reportedly made a deal with the crossbench to secure passage. But this deal was scuttled by Albanese at the eleventh hour.

    Stage two was relisted for discussion in the upcoming first parliamentary sitting week of 2025, this week. But on Saturday, Albanese told The Conversation the government would, again, not be proceeding with the reform this term.

    The reforms have been delayed for so long that we are now closer to the next statutory review of the laws, due in 2029, than to the last one.

    Stage three, which covers the bulk of substantive reform recommended in the Samuel Review, is yet to be seen publicly.

    What will happen after the next election?

    Albanese must go to the polls by May 17, but there is speculation the election may be as early as March. So what is the likely fate of these environmental reforms in the next term?

    A Roy Morgan poll on Monday found if a federal election were held now, the result would be a hung parliament. So the result is looking tight.

    Government control of the Senate is rare. So whoever is in power after the election is very likely to rely on crossbench support for any reforms.

    Albanese has ruled out forming a coalition with the Greens or crossbenchers in the event of a hung parliament. However, Opposition Leader Peter Dutton says he would negotiate with independents to form government.

    A returned Albanese majority government would probably revisit the scuttled deal on stage two. With elections in the rear-view mirror, Albanese may be prepared to wear some political pain early in the next term to secure a deal. He would also still need to roll out the bulk of the Nature Positive reforms, the detail of which remains hidden behind a vague “stage three” banner.

    A minority Albanese government may face a tougher ask: demands from an environmentally progressive crossbench for major commitments to environmental reform in return for promises of support on budget and confidence.

    A Coalition government would be coming from a very different angle. Dutton has painted Nature Positive as a
    “disaster” for the economy, expressing particular concern about impacts on the mining sector.

    The Coalition’s environmental agenda is increasingly focused on “cutting green tape” – in other words, reducing bureaucratic hurdles for developers – and repealing bans on nuclear power stations. Finding crossbench support in the Senate for this agenda could be challenging.

    The Greens have vowed to make environmental protection a key election issue, urging voters to cast their ballot for nature this election.

    A recent poll published by the Biodiversity Council shows 75% of Australians support strengthening national environmental law to protect nature. Only 4% are opposed and the rest are undecided.

    But converting a high level of broad support into votes is another thing altogether – especially during a cost-of-living crisis.

    Crystal clear consequences

    The political crystal ball remains cloudy. But when it comes to the state of Australia’s environment, the picture is clear.

    The environment continues to decline and the consequences are increasingly serious. These consequences extend beyond further irreversible loss and the increasing cost of environmental repair, to include the economic and social consequences of losing more of the natural assets on which our quality of life depends.

    The building blocks of successful reform are all on the table, where the Samuel Review put them in 2020.

    When will governments accept that kicking the can down the road is selling us all down the drain?

    Peter Burnett is affiliated with the Biodiversity Council, an independent expert group founded by 11 Australian universities to promote evidence-based solutions to Australia’s biodiversity crisis.

    Euan Ritchie receives funding from the Australian Research Council and the Department of Energy, Environment, and Climate Action. Euan is a Councillor within the Biodiversity Council, a member of the Ecological Society of Australia and the Australian Mammal Society, and President of the Australian Mammal Society.

    Jaana Dielenberg was employed by the now-ended Threatened Species Recovery Hub of the Australian Government’s National Environmental Science Program, which led an earlier stage of this research. She is a Charles Darwin University Fellow and is employed by the University of Melbourne and the Biodiversity Council.

    – ref. Labor’s dumping of Australia’s new nature laws means the environment is shaping as a key 2025 election issue – https://theconversation.com/labors-dumping-of-australias-new-nature-laws-means-the-environment-is-shaping-as-a-key-2025-election-issue-248872

    MIL OSI Analysis – EveningReport.nz –

    February 3, 2025
  • MIL-OSI Europe: AFRICA/DJIBOUTI – Sister Anna on her work in the mission in Djibouti

    Source: Agenzia Fides – MIL OSI

    Ali Sabieh (Agenzia Fides) – “I like to see how the Lord works in people; it is He who called me to be a missionary, in the mission among non-Christians, and I am here to give hope,” says Consolata Missionary Sister Anna Bacchion, born in 1944, who works in Djibouti in a mission opened by her congregation in 2004.Sister Anna has been involved in the mission in Djibouti since its foundation. On the eve of the World Day of Consecrated Life (which will be celebrated on Sunday 2 February), the nun tells Fides about the richness of a life among non-Christians.”There is a sentence from the Gospel of John that has always impressed me: ‘For God so loved the world that he gave his only Son, so that everyone who believes in him might not perish but might have eternal life (John 3:16-17)’”, explains the nun, who works primarily in schools and in helping the disabled. “This means,” adds Sister Anna, “that God loves all people, Muslims, Jews, every ethnicity and religion… To love everyone, everywhere. We missionaries are called to ‘infect’ with our testimony. We do not speak of Jesus, but Jesus is in their midst.” Sister Anna Bacchion joined the Consolata Missionary Sisters in 1969 and came to Libya in 1976, where she worked with severely disabled children for seven years. She returned to Italy to serve her congregation for a while until she returned to Djibouti in 2004, a country on the border between Ethiopia and Somalia with a Muslim majority.“In my two experiences, first in Libya and then in Djibouti,” says Sister Anna Bacchion, “I always saw the seed of Jesus among the people I met. In Libya, I met mothers who worked in schools and who, despite their many children and their precarious economic situation, opened the doors of their homes during school holidays to other children who attended school but lived far away from their families. In Djibouti, I saw the generosity and open hearts of the local people, and I still remember how the Prefect of Djibouti took to heart a mother and a little girl with a genetic disease that had the same consequences as leprosy, whom I had brought to him to ask him to take care of them.”The “Read, write, count” (LEC) program educates children without papers or children who, for various reasons, have not been able to attend school, while the “École pour tous” school project opens its doors to disabled children who were previously placed in institutions. Sister Anna has seen these two educational initiatives grow and flourish. “It is fundamental that the child has the awareness that he can do great things. For these children, we have always tried to do our best. Thanks to the Church’s commitment in this area, this type of project has now also been extended to the state level,” she reports.Today, five Consolata missionaries work in Djibouti. Three of them, including Sister Anna, are in Ali Sabieh, about 100 km from the capital, where the mission was originally founded. “The place He sends me to is my family,” summarizes Sister Anna. “The disabled children I have been caring for since the first mission in Libya are my children. Their suffering is my suffering, their joy is my joy.” (EG) (Agenzia Fides, 1/2/2025)
    Share:

    MIL OSI Europe News –

    February 3, 2025
  • MIL-OSI Europe: ASIA/LAOS – Farewell to Father Titus Banchong: “It was Jesus who was interested in me, not me in him”

    Source: Agenzia Fides – MIL OSI

    by Paolo AffatatoVientiane (Agenzia Fides) – “I am ready for Jesus and will be his martyr if I am worthy and if he wants me. I now believe that the time is very close,” wrote the Laotian priest Titus Banchong Thopanhong, shortly before he was arrested by the security forces of the “Pathet Lao” in 1976.Titus Banchong Thopanhong, Apostolic Administrator of Luang Prabang from 1999 to 2019, died in Vientiane on January 25 at the age of 78. He succumbed to a long illness, also due to the hardships he had suffered for 50 years. Father Titus was a member of the Congregation of the Oblates of Mary Immaculate (OMI) and was imprisoned for seven years. During his entire imprisonment, nothing was heard from him. Many thought he had been killed. Instead, he was released and was able to resume his life as a simple pastor for the small Catholic community in Laos, which today numbers about 60,000 Catholics.Titus is the name given to Banchong Topagnong at the age of 8 when he was baptized with his family in the Hmong village of Kiukiatan in northern Laos, where he was born in 1947. In this village, from 1957 to 1958, he was one of the altar boys of Father Mario Borzaga, the missionary who was to be beatified in 2016. “Titus still retains a precious memory of this priest who profoundly marked his life,” recalls his confrere Fabio Ciardi, who had a deep human and spiritual friendship with Father Titus. With the missionaries, young Titus had the opportunity to deepen his journey of faith: during these years, between 1958 and 1969, he attended Seminaries first in Vientiane and then in Luang Prabang. Father Angelo Pelis, also an OMI missionary who was then director of the Seminary in Luang Prabang, remembers him as a “simple, reserved, gentle and smiling boy”. “The character trait that was to mark him throughout his life was humility: a humility modeled on Jesus Christ,” says Father Pelis. Young Titus decided to continue his formation with the Oblates in Italy and in 1970 Monsignor Alessandro Staccioli (OMI), then Apostolic Vicar of Luang Prabang, sent him to study in Italy, where he studied philosophy and theology first in San Giorgio Canavese and then, from 1973, in Vermicino (near Rome).Father Titus writes in one of the letters collected in the book “Even in prison I can love”, edited by Michele Zanzucchi: “I was still uncertain about my vocation, but little by little I felt in my heart the desire to follow Jesus in a radical way, that is, to follow the Lord who seemed to want me to love him. It was he who was interested in me, not I in him. He had taken me little by little and made me understand that in him I would always find the true meaning of my life.” While he was in Italy, his country experienced a change of regime, with the communist resistance fighters of the “Pathet Lao” taking power and in 1975 all missionaries were expelled from the country.Father Titus felt a strong desire to return to his homeland and to be a priest for the people of Laos, a desire to be a witness for Christ there and not elsewhere. This is what drives Father Titus to return to Laos. “I have chosen the Church of Laos and I feel that God wants me there and not anywhere else,” he writes. “Even if I am a priest for just one day, I will return to Laos.” And he continues: “I have decided to return to Laos because there is no one there for the apostolate. I am returning so that we can all be stronger, I am returning to help the faithful. When I returned, I chose God alone; it is He who makes me return and that is why I am returning.” He was ordained a priest in the Cathedral of Vientiane on 28 September 1975 by the then Bishop of Vientiane, Thomas Nantha, the first of the Hmong ethnic group. The next day he wrote: “I am no longer afraid because I belong to the Lord. I am ready for anything. I am very happy. No one can separate me from Him. Every day I discover more and more that He is with me. I have Him… He asks me for everything, I give Him everything.”He began a strictly controlled pastoral ministry, with the threat of arrest, first in Luang Prabang, then in Vientiane, and finally in Paksane. He travels through the villages on his motorbike, visits people and administers the sacraments to Catholic families. Although he never used critical words against those in power, Father Titus was imprisoned three times and “learned to find even in the cruelest hardships the tenderness of God’s love”, Pelis recalls his imprisonment: “You could say that the other prisoners in prison were all converted, they became good. With love you can also break the bonds of hatred.” After his release from prison he did not complain: “I was released,” he writes. “After they released me, I was able to visit all the Christians in the province of Siam and I found them. Many who had been there for over 30 years no longer had priests,” he said.After being appointed “Apostolic Administrator” of Luang Prabang, the old capital, he lived the life of a missionary, dedicating himself with zeal and charity to serving his people. In 2005, with joy and enthusiasm, he told Fides that in the Vicariate of Luang Prabang he had received permission to open the first Catholic church in northern Laos since the painful times of 1975, after the communist revolution. And he said he was “very edified by the faith and devotion of the local families”. In his pastoral work he went “step by step, we go as far as the Lord allows us”. This hope was realized when he saw the first new vocations to the priesthood blossom in the small Laotian community and when he participated in the beatification liturgy in 2016 of 17 Laotian missionaries and lay people killed by communist resistance fighters between 1954 and 1970. Among the six Oblates of Mary Immaculate (OMI) beatified was the young Italian missionary Mario Borzaga, who died in 1960 at the age of 27 along with the local catechist Paul Thoj Xyooj. Titus had taken them close to his heart. (Agenzia Fides, 1/2/2025)
    Share:

    MIL OSI Europe News –

    February 3, 2025
  • MIL-OSI: BAWAG Group: Acquisition of Barclays Consumer Bank Europe successfully completed

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Austria – February 3, 2025 – Following the receipt of regulatory approvals as announced on 9th of January, BAWAG Group today announces the successful acquisition of the Hamburg-based Barclays Consumer Bank Europe from Barclays Bank Ireland PLC. BAWAG Group will work with the current leadership team to continue growing its Retail business in Germany and the broader DACH/NL region.

    During a transitional period, the business will continue to operate under the Barclays brand, with rebranding expected to be unveiled in 2026. At present, there are no changes for customers: both the products and their associated terms and conditions remain unaffected following the completion of the transaction.

    BAWAG Group will report FY 2024 results on March 4, 2025 and will host an Investor Day on the same day.

    About Barclays Consumer Bank Europe

    Barclays Consumer Bank Europe has been operating successfully in Germany for more than 30 years and is one of the leading providers of credit cards with a genuine credit function. The company’s other business areas include consumer loans, installment purchase financing via the online retailer Amazon and overnight money accounts. Further information can be found at www.barclays.de.

    About BAWAG Group

    BAWAG Group AG is a publicly listed holding company headquartered in Vienna, Austria, serving 2.5 million retail, small business, corporate, real estate and public sector customers across Austria, Germany, Switzerland, Netherlands, Western Europe, and the United States. The Group operates under various brands and across multiple channels offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services. Our goal is to deliver simple, transparent, and affordable financial products and services that our customers need. BAWAG Group’s Investor Relations website https://www.bawaggroup.com/ir contains further information, including financial and other information for investors.

    Forward looking statement

    This release contains “forward-looking statements” regarding the financial condition, results of operations, business plans and future performance of BAWAG Group. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “may,” “will,” “should,” “would,” “could” and other similar expressions are intended to identify these forward-looking statements. These forward-looking statements reflect management’s expectations as of the date hereof and are subject to risks and uncertainties that may cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, economic conditions, the regulatory environment, loan concentrations, vendors, employees, technology, competition, and interest rates. Readers are cautioned not to place undue reliance on the forward-looking statements as actual results may differ materially from the results predicted. Neither BAWAG Group nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this report or its content or otherwise arising in connection with this document. This report does not constitute an offer or invitation to purchase or subscribe for any securities and neither it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. This statement is included for the express purpose of invoking “safe harbor provisions”.

    Contact:

    Financial Community:
    Jutta Wimmer (Head of Investor Relations)
    Tel: +43 (0) 5 99 05-22474

    IR Hotline: +43 (0) 5 99 05-34444
    E-mail: investor.relations@bawaggroup.com

    Media:
    Manfred Rapolter (Head of Corporate Communications and Social Engagement)
    Tel: +43 (0) 5 99 05-31210
    E-mail: communications@bawaggroup.com

    This text can also be downloaded from our website: https://www.bawaggroup.com

    The MIL Network –

    February 3, 2025
  • MIL-OSI: Ress Life Investments A/S:

    Source: GlobeNewswire (MIL-OSI)

    Ress Life Investments
    Nybrogade 12
    DK-1203 Copenhagen K
    Denmark
    CVR nr. 33593163
    www.resslifeinvestments.com

    To: Nasdaq Copenhagen
    Date: 3 February 2025

    Corporate Announcement 04/2025

    Ress Life Investments A/S will begin publishing daily NAV in EUR.

    Ress Life Investments A/S will on 5 February 2025 begin publishing the Net Asset Value (NAV) per share in EUR on a daily basis.

    The NAV in EUR will be published on the website of Nasdaq Copenhagen under the section AIF Companies and Funds, where the bid and ask prices are already published.

    The daily NAV in EUR will be calculated as the most recently published NAV in USD divided by the European Central Bank’s EUR/USD reference rate on the relevant day.

    NAV in USD will continue to be published twice per month, on the 15th and on the last day of the month through sending corporate announcements via Nasdaq GlobeNewswire.  

    The aim with this improvement is to enable market participants to more easily find the current Net Asset Value in EUR and thus improve transparency.

    Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB.

    Contact person:
    Gustaf Hagerud
    gustaf.hagerud@resscapital.com
    Tel + 46 8 545 282 27

    Note: The terms for subscription of shares, minimum subscription amount and redemption of shares are provided in the Articles of Association, Information Brochure and in the Key Information Document available on the Company’s website, www.resslifeinvestments.com.

    Attachment

    • Ress Life Investments AS – Company Announcement 04-2025

    The MIL Network –

    February 3, 2025
  • MIL-OSI: The Ecole normale supérieure, AI & Society Institute and Capgemini launch a global Observatory on AI’s environmental impact

    Source: GlobeNewswire (MIL-OSI)

    ENS Press Contact: 
    Lola Melkonian
    lola@buzzdistrict.com / +33 6 09 38 67 84
    Romain Pigenel romain.pigenel@ens.psl.eu

    Capgemini Press Contact:
    Victoire Grux
    Tel.: + 33 6 04 52 16 55
    E-mail: victoire.grux@capgemini.com

    The Ecole normale supérieure, AI & Society Institute and Capgemini launch
    a global Observatory on AI’s environmental impact

    Paris, February 3, 2025 – With the support of Capgemini, the AI and Society Institute, the Ecole normale supérieure (ENS-PLS) and the ENS Foundation have launched an Observatory dedicated to analyzing and mitigating the environmental impacts of Artificial Intelligence (AI) at all stages of its lifecycle (training, adjustment, inference and end-of-life). The new Observatory aims to establish a solid, shared methodology to encourage sustainable AI usage.

    The widespread adoption of AI, especially generative AI, has unlocked significant opportunities across various sectors. However, the growing computational demand for these new uses is leading to an increase of its environmental footprint (in terms of energy and water consumption, as well as carbon footprint), making it necessary to systematically assess their impact and implement measures to mitigate them. A recent research paper from a Capgemini R&D team highlights that large generative AI models consume 4,600 times more energy than traditional models, with AI-related electricity usage potentially increasing 24.4 times in the most extreme scenario by 2030. Mitigating this environmental impact in the coming years will require a coordinated effort from all stakeholders across the AI value chain, cites the publication.1  

    The global Observatory on AI’s environmental impact intends to address these challenges. It will bring together a diverse, multi-stakeholder community of international experts (academia, businesses and civil society), and will help to:

    • Establish a robust, shared methodology for measuring the environmental impact of AI technologies;
    • Create a global, open-access database where AI developers and researchers can contribute with data on the environmental performance of their models, fostering transparency and collaboration between businesses and research circles;
    • Promote sustainable AI practices;
    • Provide strategic analysis and disseminate knowledge;  
    • Bring together key stakeholders.

    “At the ENS-PLS, we firmly believe that research and action must go hand in hand to drive positive change in our societies,” explains Anne Bouverot, Chairwoman of the ENS-PLS Board of Directors.

    “This Observatory is the bridge between the two and is part of our commitment to provide informed solutions to public and private institutions on artificial intelligence and its impact,” adds Marc Mézard, Chairman of the AI and Society Institute.

    “Today, companies are looking for efficiency gains, yet very large AI models not only entail a significant environmental footprint, but also higher costs,” says Etienne Grass, Managing Director of Capgemini Invent France. “To harness the power of this technology responsibly, it is essential to put in place clear and transparent methodologies, and to work with all players in the AI value chain.”

    Capgemini has previously produced several research reports on the implementation of sustainable AI, including a survey of 2,000 senior executives from major companies in 15 countries2 and a research paper that proposes an initial methodology for quickly estimating the environmental impact of a company’s AI-related business portfolio.

    About Ecole normale supérieure
    At the same time a French grande école and a university, the Ecole normale supérieure provides in Paris, at the heart of the Quartier latin, excellent training through research, leading to various teaching and research professions, and contributes to train through research the senior executives of public administrations as well as of French and European companies. The ENS also defines and applies scientific and technological research policies, from a multidisciplinary and international perspective.

    https://www.ens.psl.eu/en

    About the IA & Société Institute
    The Institute for AI and Society, hosted by the École normale supérieure, was co-founded by Université Paris Dauphine, PSL, and the Abeona Foundation. Its mission is to promote the responsible development and use of AI by studying its interactions with society.

    Find out more

    About the ENS Foundation
    Founded in 1986 and recognized as a public-interest organization, the Fondation de l’École normale supérieure is dedicated to supporting teaching and research initiatives while expanding the ENS’s outreach by engaging the generosity of donors and corporate partners.

    Find out more

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

    Get the Future You Want | www.capgemini.com


    1 “Exploring the sustainable scaling of AI dilemma: A projective study of corporations’ AI environmental impacts”, C. DESROCHES, M. CHAUVIN, L. LADAN, C. VATEAU, S. GOSSET, P. CORDIER, January 2025
    2 Developing sustainable Gen AI report, Capgemini Research Institute, January 2025

    Attachment

    • 02_03 Observatory on AI’s environmental impact – ENS & Capgemini Joint Press Release – EN

    The MIL Network –

    February 3, 2025
  • MIL-OSI Economics: The turnover from card payments continued to increase in 2024

    Source: Danmarks Nationalbank

    Of the total card turnover in Denmark in 2024, the vast majority, kr. 616 billion, came from transactions made by Danes, while the remaining kr. 45 billion came from transactions made by foreigners. In comparison, Danes reached a card turnover of kr. 158 billion abroad in 2024, which is 16 percent higher than in 2023. 

    Keep track of the daily card turnover

    As a supplement to the quarterly payment statistics, which include information on the total card turnover in Denmark, Danmarks Nationalbank continuously publishes payment statistics based on daily payment card transactions in the card acquiring market in Denmark. The information is collected from six card payment acquirers in Denmark and is therefore not a complete record. This means that there will be differences in the coverage of the two statistics. Despite this, the development in card turnover in Denmark is comparable for the two statistics. In the daily payment statistics, one can already see how card turnover has developed up to and including January 19, 2025.  

    There are particularly large differences between the two reports in the period from the 2nd quarter og 2020 to the 2nd quarter of 2021. Part of the explanation for the differences in this period is the changed consumption and payment patterns during the COVID-19 pandemic.

    MIL OSI Economics –

    February 3, 2025
  • MIL-OSI: Argent LNG Selects Baker Hughes as Technology Provider, Strengthening Project

    Source: GlobeNewswire (MIL-OSI)

    • Baker Hughes to supply liquefaction solutions utilizing NMBL™ module and LM9000 gas turbine
    • Agreement also comprises a multi-year services plan, including iCenter™ digital solutions powered by Cordant™, to support Argent LNG terminal operations
    • Proposed project targets approximately 24 million tonnes per annum (MTPA) of production capacity

    FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) — Argent LNG LCC (Argent LNG) has selected Baker Hughes (NASDAQ: BKR), an energy technology company, as the liquefaction solution and related services provider for its proposed liquified natural gas (LNG) export facility in Port Fourchon, Louisiana. Baker Hughes will supply cutting-edge liquefaction solutions, power generation equipment, and gas compression systems for the facility, which is set to deliver approximately 24 million tonnes per annum (MTPA) of LNG. The announcement was made during Baker Hughes’ Annual Meeting in Florence.

    The project will incorporate Baker Hughes’ advanced technologies, including its NMBL™ modularized LNG solution powered by the highly efficient LM9000 gas turbine. These modules, pre-fabricated and tested at Baker Hughes’ facilities, will ensure scalable and reliable LNG production to the project and integrate iCenter™ digital solutions powered by Cordant™ to maximize availability, reliability, and operational efficiency. Baker Hughes will also provide power generation units driven by LM9000 gas turbines and provide multi-year services to support Argent LNG terminal operations.

    By leveraging its extensive knowledge and experience in LNG development, Baker Hughes will help optimize project execution, and ensure a streamlined, cost-effective design, allowing Argent LNG to move forward with greater efficiency and financial certainty.

    “Today’s announcement is a further testament to the technology capabilities that we have built over the past 30-plus years in LNG. This collaboration with Argent LNG underscores our commitment to delivering advanced, best-in-class LNG solutions,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “As global energy demand continues to grow, we are committed to providing innovative technology solutions to the LNG industry, a key supplier of reliable and affordable energy to many countries around the world.”

    “We chose Baker Hughes because of their proven cutting-edge technology, established LNG market presence, and commitment to innovation — all of which align perfectly with Argent LNG’s vision to provide transformative energy solutions,” said Jonathan Bass, chairman and CEO of Argent LNG. “This collaboration underscores Argent LNG’s commitment to technical excellence, cost-effective execution, and energy security, while also strengthening the project’s bankability by leveraging Baker Hughes’ proven expertise and industry leadership. Today’s announcement demonstrates how innovation and collaboration can drive progress in the LNG industry, helping to secure affordable, sustainable energy for global markets.”

    Phase 1 construction is targeted to begin in 2026, with commercial operations expected by 2030. Phase 2, which aims to expand capacity, is advancing through critical milestones, including resource reporting, securing FERC approvals, formalizing gas supply agreements, and achieving financial close.

    Baker Hughes expects orders in relation to this agreement, as the Argent LNG project progresses and reaches Final Investment Decision, further solidifying its key role in Argent LNG’s long-term success.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    About Argent LNG
    Argent LNG LLC is a privately held energy company dedicated to developing world-class LNG export solutions to meet the rising global demand for clean, reliable energy. Based in Louisiana, Argent LNG is focused on leveraging cutting-edge technologies and strategic partnerships to deliver cost-effective, sustainable, and efficient energy solutions. The company’s proposed export facility at Port Fourchon is designed to strengthen energy security and economic growth while reinforcing the United States’ leadership in the global LNG market.

    For more information, please contact:

    Media Relations

    Chiara Toniato
    +39 3463823419
    chiara.toniato@bakerhughes.com

    Investor Relations

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network –

    February 3, 2025
  • MIL-OSI Europe: Average annual inflation for residential property in 2024 was 1.7%

    Source: Switzerland – Department of Home Affairs

    The Swiss Residential Property Price Index (IMPI) rose in the 4th quarter 2024 by 1.8% compared with the previous quarter and reached 120.2 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 2.4%. Average annual inflation for residential property in 2024 was 1.7%. These are some of the results from the Federal Statistical Office (FSO).

    MIL OSI Europe News –

    February 3, 2025
  • MIL-OSI China: DPRK condemns Rubio’s ‘rogue state’ remarks

    Source: China State Council Information Office

    A foreign ministry spokesperson of the Democratic People’s Republic of Korea (DPRK) has condemned U.S. Secretary of State Marco Rubio for calling the country a “rogue state,” saying the remarks showed no change in the U.S. hostile policy toward the DPRK, the DPRK’s state media reported on Monday.

    In a release published on Sunday and carried by the official Korean Central News Agency, the spokesperson expressed the DPRK’s strong denunciation of and opposition to the hostile remarks made by Rubio, calling it a grave political provocation completely contrary to the principle of international law of respecting each other’s sovereignty and non-interference in each other’s internal affairs.

    Rubio’s remarks reaffirmed the U.S. hostile policy toward the DPRK and indicated the new U.S. administration’s wrong attitude toward the country, according to the release.

    The foreign ministry spokesperson said the DPRK will not tolerate any U.S. provocations and will take tough counteractions accordingly, as always.

    MIL OSI China News –

    February 3, 2025
  • MIL-OSI Australia: WILMINGTON (Grass Fire)

    Source: Country Fire Service – South Australia

    Issued on
    03 Feb 2025 17:26

    Issued for
    WILMINGTON in  the Flinders Ranges.

    Warning level
    Advice – Stay Informed

    Action
    CFS is responding to a fire near Alligator Gorge in Mount Remarkable National Park.

    If you are in this area, stay informed and monitor local conditions. More information will be provided by the CFS when it is available.

    MIL OSI News –

    February 3, 2025
  • MIL-OSI: BexBack Launches Double Deposit Bonus, $50 Welcome Bonus and 100x Leverage Crypto Trading No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 01, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 200,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ba4465dd-d4e3-4374-8385-806fd259e6e3
    https://www.globenewswire.com/NewsRoom/AttachmentNg/82e163a9-5f5b-4738-9c9e-8085324358fb
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3872672-3b1c-489b-8492-34196f339656
    https://www.globenewswire.com/NewsRoom/AttachmentNg/941d5ac9-9048-4b49-b919-4b4f5922bbf8

    The MIL Network –

    February 3, 2025
  • MIL-OSI: NB Private Equity Partners Limited Total Voting Rights

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    St Peter Port, Guernsey 3 February 2025

    NB Private Equity Partners Limited (“NBPE” or the “Company”) Total Voting Rights

    Total Voting Rights

    In accordance with DTR 5.6.1R, NB Private Equity Partners Limited (“NBPE” or the “Company”) notifies the market of the following:

    Class of Share Number in issue as at 31 January 2025 Voting Entitlement pursuant to the Articles of Incorporation Number held in Treasury as at 31 January 2025 Voting Rights as at 31 January 2025
    Class A Ordinary 49,367,173 May attend and vote at general meetings 3,150,408 46,216,765
    Class A Shareholders have the right to receive notice of general meetings of the Company and shall have the right to attend and vote at all general meetings.
    B Shares 10,000 Except in certain circumstances, do not carry voting rights 0 0
    Class B Shareholders do not have the right to receive notice of or have the right to attend and vote at any general meetings. However, there are limited circumstances where the Company shall not act, without the prior approval of the Class B Shareholders by ordinary resolution passed at a separate general meeting of the Class B Shareholders. Separately, the Directors shall, at appropriate times carry out the FPI Test and, if they determine that the US Shareholding Percentage had exceeded the FPI Specified Percentage as at such FPI Calculation Date, with effect from the date on which the Directors make such determination, the Class B Shares in issue shall, with respect to any Director Resolution, carry a positive number of voting rights as per the calculation referenced in the Articles.
    Total Voting Rights       46,216,765

    For further information, please contact:

    NBPE Investor Relations        +44 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman

    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with 2,800+ employees in 26 countries. The firm manages $500+ billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. UNPRI named the firm a Leader, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of December 31, 2024, unless noted otherwise.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    The MIL Network –

    February 3, 2025
  • MIL-OSI: Baker Hughes and Hanwha Announce Partnership to Develop Small-Size Ammonia Turbines

    Source: GlobeNewswire (MIL-OSI)

    • Agreement to focus on creation of 100% ammonia combustion dual fuel with natural gas small-size turbines
    • Ammonia is a low-carbon fuel that can play a critical role in decarbonizing hard-to-abate sector, including marine transportation
    • Collaboration to deliver efficiency comparable to reciprocating engines while minimizing carbon emissions

    FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, Hanwha Power Systems and Hanwha Ocean announced Monday a Joint Development and Collaboration Agreement (JDCA) for a new small-size turbine for ammonia applications that will leverage Baker Hughes’ small-size gas turbine technology and Hanwha’s ammonia combustion system. The agreement was signed during the Baker Hughes 2025 Annual Meeting in Florence. The new ammonia turbine will be suitable for marine applications but also for onshore and offshore applications, and for electric generation and mechanical drive.

    Ammonia is a critical fuel in enabling the decarbonization of hard-to-abate sectors, including marine, oil and gas, and power. Hanwha Ocean, one of South Korea’s leading shipbuilders, will be the main beneficiary of the JDCA and will adopt the new solution as a propulsion system for their future vessels, thus enabling maritime decarbonization.

    Hanwha already tested successfully a proof-of-concept of the combustor, with 100% ammonia as the fuel gas, and Baker Hughes completed its initial turbine feasibility studies in 2024. The two companies target to complete the full engine test with ammonia by the end of 2027, after which the turbine (~16MW power range) will be commercially available for orders.

    “Decarbonizing hard-to-abate industries and transportation is one of the most pressing but high-potential opportunities of our time,” said Alessandro Bresciani, senior vice president of Climate Technology Solutions at Baker Hughes. “We believe fuel switching to ammonia will play a key role in achieving significant emissions reductions across these sectors, and to realize this ambition, the industry needs more partnerships such as this. Together, we will continue to lead by example and take energy forward.”

    “We are very excited to be collaborating with Baker Hughes to deliver an innovative and efficient solution to enhance the adoption of ammonia as a fuel for the propulsion system for future vessels. This collaboration marks a significant turning point in accelerating the transition to low-carbon fuel propulsion in the global maritime industries,” said James Shon, senior executive vice president and head of Product Strategy and Technology at Hanwha Ocean.

    “The transition to low carbon fuels is a mission for everyone in the marine sector. We aim to play a key role in the decarbonization of the sector, together with Baker Hughes, by supporting ammonia combustion and packaging systems,” said Nuno Kim, executive vice president and head of Hanwha Power Systems Ship Solution Division.

    Baker Hughes is currently exploring how its small-size gas turbines can accelerate the transition from diesel motors to turbines powered by ammonia and hydrogen. In January 2024, the company announced the completion of the successful testing of the world’s first 100% hydrogen turbine, which is now commercially available and with orders under execution.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    About Hanwha
    Founded in 1952, Hanwha has grown quickly by anticipating and responding to changing business environments with a balanced business portfolio that includes energy & materials, aerospace, finance and retail & services. Our expertise and synergy in key areas have catapulted us into the seventh-largest business in South Korea and a Fortune Global 500 company. Hanwha continues to grow rapidly as we strive to pursue global leadership in all of our businesses. We are building a robust foundation for sustainable development and a brighter future for everyone. For more information, visit: www.hanwha.com

    For more information, please contact:

    Baker Hughes Media Relations
    Chiara Toniato
    +39 3463823419
    chiara.toniato@bakerhughes.com

    Hanwha Power Systems Media Relations 
    Sung Jae Park 
    +70 7147 4895 
    sungjae.park@hanwha.com 

    Baker Hughes Investor Relations
    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network –

    February 3, 2025
  • MIL-OSI: VAALCO Energy, Inc. Announces Significant Milestone in Its Côte D’Ivoire FPSO Dry Dock Refurbishment Project

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) is pleased to announce a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (“FPSO”) Dry Dock Refurbishment Project.

    In alignment with the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources International (“CNRI”), ceased hydrocarbon production as scheduled on January 31, 2025. The final lifting of crude oil from the vessel is set to take place on or around February 6, 2025.

    The project team has commenced mobilization efforts, deploying the necessary workforce support vessels and equipment to facilitate the safe disconnection of the FPSO. The vessel is planned to be wet towed to the shipyards in Dubai for refurbishment upon departure from the field on March 24, 2025.

    “We are pleased with the progress of this critical project and remain committed to ensuring a smooth and efficient transition for the FPSO disconnection and refurbishment which we expect, when complete, will allow production to continue until at least 2038, subject to the final regulatory approvals on the license extension and further investment,” said George Maxwell, Vaalco’s Chief Executive Officer. “This milestone represents another step forward in delivering on our strategic objectives while maintaining the highest standards of safety and operational excellence. We have already been paid back 1.8x1 our initial net investment in Côte d’Ivoire in the eight months since closing and the performance of the asset has tracked well ahead of our expectations at the time of the acquisition.”

    Vaalco will provide further updates as the project progresses.

    About Vaalco

    Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria and Canada.

    For Further Information

       
    Vaalco Energy, Inc. (General and Investor Enquiries) +00 1 713 543 3422
    Website: www.vaalco.com
       
    Al Petrie Advisors (US Investor Relations) +00 1 713 543 3422
    Al Petrie / Chris Delange  
       
    Buchanan (UK Financial PR) +44 (0) 207 466 5000
    Ben Romney / Barry Archer Vaalco@buchanan.uk.com
       

    Forward Looking Statements

    This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws and other applicable laws and “forward-looking information” within the meaning of applicable Canadian securities laws. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan” and “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release include, but are not limited to, statements relating to (i) estimates of future drilling, production, sales and costs of acquiring crude oil, natural gas and natural gas liquids; (ii) expectations regarding Vaalco’s ability to effectively integrate assets and properties it has acquired as a result of the Svenska acquisition into its operations; (iii) expectations regarding future exploration and the development, growth and potential of Vaalco’s operations, project pipeline and investments, and schedule and anticipated benefits to be derived therefrom; (iv) expectations regarding future acquisitions, investments or divestitures; (v) expectations of future balance sheet strength; and (vi) expectations of future equity and enterprise value.

    Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: risks relating to any unforeseen liabilities of Vaalco; the ability to generate cash flows that, along with cash on hand, will be sufficient to support operations and cash requirements; risks relating to the timing and costs of completion for scheduled maintenance of the FPSO servicing the Baobab field; and the risks described under the caption “Risk Factors” in Vaalco’s 2023 Annual Report on Form 10-K filed with the SEC on March 15, 2024 and subsequent Quarterly Reports on Form 10-Q filed with the SEC.

    Inside Information

    This announcement contains inside information as defined in Regulation (EU) No. 596/2014 on market abuse which is part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”) and is made in accordance with the Company’s obligations under article 17 of MAR. The person responsible for arranging the release of this announcement on behalf of Vaalco is Matthew Powers, Corporate Secretary of Vaalco.

    ____________________

    1 Payback of 1.8x is based on unaudited operational cash flow for the Côte d’Ivoire assets compared to the acquisition price of $40.2MM as of 31st December 2024.

    The MIL Network –

    February 3, 2025
  • MIL-OSI Economics: Partial Withdrawal Third-Party Certification for Electronic Materials

    Source: Panasonic

    Headline: Partial Withdrawal Third-Party Certification for Electronic Materials

    The content in this website is accurate at the time of publication but may be subject to change without notice.Please note therefore that these documents may not always contain the most up-to-date information.Please note that German, French and Chinese versions are machine translations, so the quality and accuracy may vary.

    MIL OSI Economics –

    February 3, 2025
  • MIL-OSI Economics: Making Data Easily Accessible: Leveraging Statistical Data and Metadata eXchange

    Source: Asia Development Bank

    The brief highlights how SDMX can simplify data activities and improve statistical interoperability, noting its growing use among national statistics offices, central banks, and statistical data producers. The brief also emphasizes the importance of capacity building to ensure the successful adoption of SDMX.

    MIL OSI Economics –

    February 3, 2025
  • MIL-Evening Report: Sir Collin Tukuitonga criticises RFK Jr’s measles claims, slams health misinformation

    By Susana Suisuiki, RNZ Pacific Waves presenter/producer

    The chair of a World Health Organisation (WHO) advisory group is urging world leaders to denounce misinformation around health.

    Sir Collin Tukuitonga is reacting to comments made by US Senator Robert F Kennedy, who claimed that measles was not the cause of 83 deaths in Samoa during a measles outbreak there in 2019.

    Samoa’s Head of Health Dr Alec Ekeroma rejected Kennedy’s claim, calling it a “complete lie”.

    Speaking to RNZ Pacific Waves, Sir Collin said leaders had a duty to protect people from inaccurate public health statements.

    He said he was “absolutely horrified” that the person who “is the most influential individual in the US health system” could “tell lies and keep a straight face”.

    “But [I am] not surprised because Kennedy has a history of subscribing to fringe, incorrect knowledge, conspiracy theories, and odd things of that type.”

    He said Dr Ekeroma was very clear and direct in his condemnation of the lies from Kennedy and the group.

    ‘Call it for what it is’
    “I encourage all of our people who are in a position to call these people for what it is.”

    Sir Collin is the chair of the WHO’s Strategic and Technical Advisory Group on the Prevention and Control of Noncommunicable Diseases.

    He said Kennedy’s comments and attitude toward vaccination will feed the anti-vaxxers and and discourage parents who might be uncertain about vaccines.

    “So, [it is] potentially going to have a negative impact on immunisation programmes the world over. The United States has a significant influence on global health policy.

    “These kinds of proclamations and attitudes and ideologies will have disastrous consequences.”

    He believes that the scientific community should speak up, adding that political and business leaders in the region should also condemn such behaviour.

    Sir Collin Tukuitonga . . . “horrified” that the “most influential individual in the US health system” could “tell lies and keep a straight face”. Image: Ryan Anderson/Stuff/RNZ

    Withdrawal of US from WHO
    Sir Collin described President Donald Trump’s decision to pull the US out of the WHO as “dangerous”.

    He said Washington is a major contributor to the money needed by WHO, which works to protect world health, especially vulnerable communities in developing countries.

    “I understand they contribute about a fifth of the WHO budget,” he said.

    “The United States is a world leader in the technical, scientific expertise in a number of areas, that may not be as available to the rest of the world.

    “Research and development of new medicines and new treatments, a large chunk of which originates in the United States.

    “The United States falling out of the chain of surveillance and reporting of global outbreaks, like Covid-19, puts the whole world at risk.”

    He added there were ‘a good number of reasons” why the move by the US was “shameful and irresponsible”.

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

    MIL OSI Analysis – EveningReport.nz –

    February 3, 2025
←Previous Page
1 … 4,681 4,682 4,683 4,684 4,685 … 5,912
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress