Category: KB

  • MIL-OSI USA: Governor Kehoe Orders Flags to Fly at Half-Staff in Honor of Thomasville Volunteer Fire Department Firefighter William “Bill” Nix

    Source: US State of Missouri

    JANUARY 27, 2025

    Today, Governor Mike Kehoe ordered U.S. and Missouri flags be flown at half-staff at government buildings in Oregon County, the Fire Fighters Memorial of Missouri in Kingdom City, and firehouses statewide on Tuesday, January 28, 2025, from sunrise to sunset in honor of Thomasville Volunteer Fire Department Firefighter William “Bill” Nix.

    “In his retirement, Bill Nix answered a calling to serve Oregon County by becoming a volunteer firefighter,” Governor Mike Kehoe said. “A retired trucker, Bill could handle the Thomasville Volunteer Fire Department’s large tanker. He also expertly maintained the department’s other trucks, earning the 2022 Thomasville Volunteer Firefighter of the Year award for his dedicated service. Firefighter Nix’s commitment to helping others and his devotion to supporting his community serve as inspiration to all of us to give back. Claudia and I send our heart-felt prayers and condolences to the Nix family and the entire Thomasville Volunteer Fire Department.”

    On the evening of January 16, Firefighter Nix was responding to a structure fire as a passenger in a Thomasville Volunteer Fire Department fire engine when the vehicle overturned on U.S. Highway 160 four miles south of Thomasville, causing Nix’s death.

    The flags will be held at half-staff on the day of Nix’s memorial services. To view the Governor’s proclamation, click here.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Sen. Greg Dolezal Introduces the ‘Fair and Safe Athletic Opportunities’ Act

    Source: US State of Georgia

    ATLANTA (January 27, 2025) — On Monday, January 13, Sen. Greg Dolezal (R–Cumming) introduced Senate Bill (SB) 1, the “Fair and Safe Athletic Opportunities” Act, which would provide competitively fair and safe student participation in sports. The bill would require athletes to participate on teams that align with their biological sex at birth.

    “This summer, I had the privilege of serving as Chairman of the Georgia Senate Special Committee on the Protection of Women’s Sports,” said Sen. Dolezal. “As the father of three daughters, I take this issue to heart. Female athletes have worked tirelessly to earn their place in competition, and they deserve a level playing field. Ideologically driven policies that undermine the fairness in women’s sports have no place in Georgia. Our committee dedicated countless hours to thoroughly studying this issue, and I’m proud to say the Majority Caucuses in both the Senate and House stand firmly united in protecting these opportunities for women and girls. I am confident this legislation will move swiftly through the General Assembly and deliver the protection female athletes deserve.”

    “Biological men do not belong in women’s sports, period,” said Lt. Governor Burt Jones. “This is common sense to everyone but the most radical liberals in Georgia. The Senate has always led the way on protecting women’s sports and with Senate Bill 1, we will continue to be on the right side of this common-sense issue. I will never waver in the fight to protect our sisters and our daughters participating on equal footing in Georgia sports. I look forward to Senate Bill 1 becoming law and the protection of women’s sports becoming a reality for all female athletes in Georgia.”

    SB 1 aims to provide equal athletic opportunities and safety for men and women at all levels. It would prohibit males from participating in interscholastic and intercollegiate competitions on teams designated as female as well as prohibit females from participating in competition on intercollegiate teams designated as male.

    SB 1 can be found here.

    # # # #

    Sen. Greg Dolezal serves as Chairman of the Senate Committee on Transportation. He represents the 27th Senate District, which includes a portion of Forsyth County. He may be reached by phone at (404) 656-7127 or via email at greg.dolezal@senate.ga.gov.

    For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

    MIL OSI USA News

  • MIL-OSI USA: Now Open: Free, Easy Online Tax Filing

    Source: US State of New York

    Governor Kathy Hochul today urged New Yorkers to consider using the Direct File program in New York State to ease the burden of filing taxes. The joint project with the IRS, available starting today, allows taxpayers to file their federal and state taxes online at no cost. Building on Governor Hochul’s initiative to make New York more affordable, this program helps the average New York taxpayers save around $260 in tax preparation fees.

    “Direct File is a common-sense approach to filing taxes,” Governor Hochul said. “If you have a basic return, you’ll find that it’s easy to complete the process and that you can save hundreds of dollars in tax preparation fees.”

    The Tax Department estimates that 3.4 million New Yorkers will be able to use Direct File this year. To find out if you’re eligible, visit the New York State Tax Department’s webpage.

    New York State Department of Taxation and Finance Acting Commissioner Amanda Hiller said, “Direct File is a safe, secure system that you can access from a smartphone or desktop computer. Qualified New Yorkers can answer simple questions instead of filling out forms or paying a preparer to complete their income return.”

    New York piloted Direct File with the IRS in 2024. In its first year, the program was open for a limited time to a limited number of taxpayers. Some 14,000 New Yorkers used Direct File last year and 96 percent reported a positive experience.

    The 2025 Direct File Program — available starting today — expands eligibility, covering more tax credits and different types of income. The Tax Department estimates that 3.4 million New Yorkers will be able to use Direct File this year. New Yorkers with 2024 wages of up to $200,000, or $250,000 if filing a joint return, may qualify.

    Direct File is part of Governor Hochul’s ongoing effort to save New Yorkers money and improve government services. As part of her FY 2026 Budget, Governor Hochul proposed a middle class tax cut to deliver nearly $1 billion in tax relief to more than 8.3 million New Yorkers. When fully phased in, the middle class tax cut will deliver hundreds of dollars in average savings to nearly 77 percent of filers — representing three out of every four taxpayers. Additionally, Governor Hochul proposed New York’s first-ever inflation refund that will put $3 billion back in the pockets of 8.6 million taxpayers. Joint tax filers who make $300,000 or less will receive a $500 payment and all single New York taxpayers who make $150,000 or less will receive a $300 payment. Governor Hochul also proposed a vast expansion of New York’s Child Tax Credit that will double or triple the current credit in many cases, offering up to $1,000 annually per child under four and up to $500 per child aged four to 16. This marks the largest increase in the credit’s history, significantly surpassing the current maximum of $330 per child.

    More information on the Governor’s Affordability Agenda is available online.

    For more information on Direct File, visit the New York State Tax Department’s webpage.

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta Announces Five Arrests During Operation “To Catch a Predator” in Madera County

    Source: US State of California

    Monday, January 27, 2025

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    FRESNO – California Attorney General Rob Bonta, together with the Madera County Sheriff’s Office and California Highway Patrol, today announced the results of operation “To Catch a Predator” which targeted sexual predators who use the internet to seek out potential underage victims. Over the course of the three-day operation, five suspects were arrested and charged with contacting and meeting with minors for sexual purposes. The California Department of Justice’s Fresno Human Trafficking Sexual Predator Apprehension (HT-SPAT), the Madera County Sheriff’s Office, and the California Highway Patrol (CHP) joined forces in a three-day multi-jurisdictional operation, which was completed on January 18, 2025.
     
    “The exploitation of children will not be tolerated in California,” said Attorney General Rob Bonta. “The National Center of Missing and Exploited Children and the FBI estimate there are 500,000 online predators active each day. One child exploited is one too many. I would like to thank the efforts of our partners who helped conduct this operation. When we work together, we get results.” 
     
    “We are grateful for our ongoing partnership with the CA DOJ Human Trafficking Team in Fresno and CA Highway Patrol, and our shared commitment to protecting one of our most vulnerable populations, said Madera County Sheriff Tyson Pogue. “May this operation and subsequent arrests be a reminder to all that we will not tolerate predators in Madera County.”
     
    “The safety and well-being of our children is our top priority,” said CHP Commissioner Sean Duryee. “This operation demonstrates our unwavering commitment to protecting California’s most vulnerable residents and holding those who prey on them accountable. We will continue to work tirelessly with our partners to ensure that no child is ever subjected to such harm.”
     
    Agents and officers identified subjects looking to exploit minors for the purpose of committing sexual acts.  During the operation, undercover agents and detectives posed as minors on various social media platforms and websites commonly used by child sex predators. After being identified, the suspects were located and arrested. All suspects were booked into the Madera County Jail and were charged with Penal Code Section 288.3 – contacting a minor for sexual purposes and Penal Code Section 288.4 – meeting with a minor for sexual purposes. The Madera County District Attorney’s Office will be prosecuting the cases.
     
    The CA DOJ Victims’ Services Unit (VSU) works in conjunction with victim service providers and all across the state to provide victim-centered, trauma-informed, and culturally-sensitive support services to all crime victims, including underserved, at-risk, underrepresented, and vulnerable populations. More information about VSU is available at oag.ca.gov/victimservices or by calling (877) 433-9069 or emailing VSU atVictimServices@doj.ca.gov. 

    If you or someone you know is being forced to engage in any activity and cannot leave, you can call the National Human Trafficking Hotline at 1-888-373-7888 to access help and services. If you or someone else is in immediate danger, call 9-1-1. Additional information and resources to support survivors of human trafficking is available here.
     

    # # #

    MIL OSI USA News

  • MIL-OSI Security: Illinois Man Sentenced to 35 Years for Enticing a Minor to Engage in Illegal Sexual Activities

    Source: Office of United States Attorneys

    DES MOINES, Iowa – An Illinois man was sentenced on Friday, January 17, 2025, to 35 years in federal prison for enticement and attempted enticement of a minor and for committing an offense while a registered sex offender.

    According to public court documents, in 2020, Anthony Alan Anderson, 40, while serving in the United States Air Force, was convicted via general court martial of two counts of attempting to commit a lewd act with a person he believed to be a child who had not attained the age of 16 years old. As a result of that conviction, Anderson was required to register as a sex offender in his state of residence. Anderson moved to Illinois in 2022.

    From May to November 2023, Anderson, from his residence in Illinois, used text messaging and social-media applications to communicate with a 14-year-old child from Ottumwa, Iowa. During their communications, Anderson convinced the child to produce and send him child pornography. In September 2023, Anderson traveled from his home in Illinois to Ottumwa, where he picked the child up from her residence and took her to a hotel. There, he and the child engaged in sex acts. Anderson also captured child sexual abuse material of the child while in the hotel.

    After completing his term of imprisonment, Anderson will be required to serve a ten‑year term of supervised release. There is no parole in the federal system.

    United States Attorney Richard D. Westphal of the Southern District of Iowa made the announcement. The case was investigated by the Ottumwa Police Department with assistance from the Illinois State Police.

    The case was brought as part of Project Safe Childhood. In 2006, the Department of Justice created Project Safe Childhood, a nationwide initiative designed to protect children from exploitation and abuse. Led by the U.S. Attorney’s Offices and the Department of Justice’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who exploit children, as well as identify and rescue victims. For information about internet safety education, please visit www.usdoj.gov/psc and click on the resources tab.

    MIL Security OSI

  • MIL-OSI: Radix and Celanese Partnership Leverages AI to Harness the Power of Industrial Data

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Jan. 27, 2025 (GLOBE NEWSWIRE) — Radix, a global technology solutions company at the forefront of industrial digital transformation, and Celanese, a global chemical and specialty material company, are proud to collaborate with Cognite, the global leader in data and AI for industry, on the development of JO.AI, a groundbreaking generative AI-powered solution designed to revolutionize operations in asset-intensive industries.

    Born from the successful development and implementation at Celanese by Radix through their engineering intelligence expertise – and powered by Cognite Data Fusion®, the market-leading DataOps and AI platform for enterprise-scale, complex industrial data management projects – JO.AI is poised to redefine how industrial manufacturers leverage data for enhanced productivity and operational excellence at scale.

    JO.AI will be showcased at the upcoming ARC Industry Leadership Forum 2025 taking place in Orlando, Florida, from February 10-13 under the theme “On the Ground: Accelerate. Optimize. Scale.” Radix will showcase and discuss how the powerful industrial solution is optimizing the future of smart digital manufacturing, directly addressing the challenges faced across industries such as Energy, Chemical, Manufacturing, Oil & Gas, Power Generation & Distribution, Pulp & Paper, and Metals, Mining & Minerals. Industrial manufacturers often struggle to unlock the full potential of their data, even with the presence of data aggregators.

    JO.AI solves this problem by acting as an advanced Industrial Copilot, enabling intuitive, natural language interaction with the Industrial Knowledge Graph provided by Cognite Data Fusion® to make complex data easier to access and action into intelligence tailored specifically for the process industry. JO.AI leverages Cognite Data Fusion’s unmatched data management and comprehensive AI infrastructure to enable the Gen AI application to carry out more complex operations with greater accuracy.

    With Cognite Data Fusion® as its backbone, JO.AI combines operational insights with pre-trained AI agents focused on specific process use cases. “AI has proven to be a valuable business catalyst in today’s dynamic manufacturing landscape, offering unparalleled opportunities for optimization and innovation,” said Sameer Purao, Senior Vice President and CIO at Celanese. “We developed JO.AI – in collaboration with Radix, on top of the robust data foundation provided by Cognite Data Fusion® – to harness the power of AI to improve efficiency, reduce costs and elevate overall productivity.

    Additionally, AI enables smart production through real-time data analysis, facilitating data-driven decisions, process optimization and swift response to market demand. Incorporating AI into our manufacturing operations is not just a technological advancement, but also a competitive advantage.”

    “Digital transformation, especially with AI-powered solutions, is only as strong as the data foundation it’s built upon,” said Bill Hendricks, President of Cognite Americas. “Cognite accelerates time-to-value by enabling seamless integration and management of complex industrial data, providing the essential infrastructure for innovative applications like JO.AI. Working alongside a forward-thinking partner like Radix, who shares our commitment to pushing the boundaries of industrial innovation, we empower organizations to unlock unprecedented value from their data and drive real operational impact.”

    JO.AI empowers operators and engineers in four key areas:

    1. Optimized Operator Rounds: JO.AI provides insights that ensure operations teams are focusing their rounds on the right checklists.

    2. Data-Driven Checklist Management: It recommends the optimal frequency of checklist items, identifies areas with high-volume issues, and highlights deviations.

    3. Balanced Workload: JO.AI helps ensure that the checklist workload is appropriate for each shift.

    4. Streamlined Maintenance: The solution facilitates maintenance and work notification opportunities, recommending resource plans and even assisting operators in writing work orders.

    “JO.AI represents a significant leap forward in the application of AI for industrial settings and asset intensive industries,” said Alex Clausbruch, CEO of Radix North America. “By combining Radix’s expertise in AI and software development with Celanese’s deep industry knowledge, we’ve created a solution that not only addresses the current challenges of data utilization but also unlocks new levels of efficiency and optimization. We believe JO.AI will be a game-changer for asset-intensive industries.”

    “The development of JO.AI is a testament to the power of collaboration and innovation,” added Justin Conroy, Vice President, Digital Product Portfolio at Radix. “We’ve worked closely with Celanese to ensure that JO.AI meets the specific needs of industrial operators worldwide. This solution is not just about technology; it’s about empowering people and teams with the insights they need to make better decisions and drive real business value.”

    Radix will be participating as a Gold Sponsor at the ARC Leadership Forum 2025 in Orlando next month with several opportunities to engage with industry leaders, customers, partners and learn more about JO.AI and its capabilities.

    About Radix

    Founded in 2010, Radix is a privately held global technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries and has more than 1,700+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit www.radixeng.com.

    About Celanese

    Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We are committed to sustainability by responsibly managing the materials we create for their entire lifecycle and are growing our portfolio of sustainable products to meet increasing customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese is a Fortune 500 company that employs approximately 12,400 employees worldwide with 2023 net sales of $10.9 billion.

    About Cognite

    Cognite makes Generative AI work for industry. Leading energy, manufacturing, and power & renewables enterprises choose Cognite to deliver secure, trustworthy, and real-time data to transform their asset-heavy operations to be safer, more sustainable, and more profitable. Cognite provides a user-friendly, secure, and scalable platform that makes it easy for all decision-makers, from the field to remote operations centers, to access and understand complex industrial data, collaborate in real time, and build a better tomorrow. Visit us at www.cognite.ai and follow us on LinkedIn and X.

    For more information:
    Citalouise Geiggar, Ph.D.
    citalouise.geiggar@radixeng.com 
    Radix

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/05e54c82-5dbb-4054-b519-e0f42ecc5bf1

    The MIL Network

  • MIL-OSI United Kingdom: Minister visits Sri Lanka strengthening UK partnership and boosting growth

    Source: United Kingdom – Executive Government & Departments

    Minister for the Indo-Pacific Catherine West visits Sri Lanka with a focus on boosting exports and economic growth.

    • UK Minister for the Indo-Pacific set to meet with new Sri Lankan government minsters as part of the first official visit of new UK government.  
    • Minister will set out plans to strengthen UK-Sri Lanka partnership – from inclusive economic growth, anti-corruption, human rights to national reconciliation.
    • The Minister will welcome new export initiatives set to bolster UK-Sri Lanka trade.

    Inclusive economic growth, anti-corruption, human rights and national reconciliation are on the agenda as Catherine West, Minister for Indo-Pacific will meet President Anura Kumara Dissanayake and other key government ministers.  

    The visit marks the first ministerial visit to Sri Lanka since the formation of new governments in both countries.  

    The Minister will strengthen valuable UK-Sri Lanka trade links, boosting growth for UK and Sri Lankan businesses. She will launch new export procedure handbooks, helping Sri Lankan businesses better access the UK market through the Developing Countries Trading Scheme (DCTS). 

    The Minister will also travel to Jaffna to emphasise the UK’s ongoing support for human rights, reconciliation, climate resilience and minority rights.  

    She will meet with local political leaders and civil society organisations working on post-conflict rehabilitation, as well as visiting the only FCDO-funded climate adaptation project which directly addresses groundwater depletion and its impact on agriculture and local communities.

    Minister for Indo-Pacific, Catherine West said:  

    I am so pleased to make my first official visit to Sri Lanka and meet the new government so soon after they have taken office. I have heard a lot about the country from my UK constituents of Sri Lankan heritage; and I have experienced their warm hospitality.   

    The UK and Sri Lanka share a dynamic modern partnership. I look forward to exploring our potential to grow our relationship through trade, economic growth and education. 

    I believe social and economic development are vital to sustained growth. The UK remains steadfast in our commitment to tackling corruption, supporting human rights progress including long-standing grievances, and taking action on the impacts of climate and nature.

    The Minister will meet the British Council to discuss the growing education partnership as Sri Lanka positions itself as regional hub for transnational education (TNE).  

    UK High Commissioner to Sri Lanka, Andrew Patrick said: 

    Minister Catherine West’s visit marks an important moment – the first meeting of our two new governments. To see the Minister visit so soon after elections underscores the UK government’s commitment to strengthening our bilateral partnership. We’ll see lots of activity in the months ahead, as we work with the government on their agenda of reform.

    The visit highlights the shared ambition of our two governments to deepen collaboration, and address shared challenges such as economic growth, climate change and human rights. 

    Background

    • The minister will meet with Prime Minister Harini Amarasuriya and Foreign Minister Vijitha Herath. 
    • The Developing Countries Trading Scheme cuts tariffs, removes conditions and simplifies trading rules for 65 developing countries.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 27 January 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Have your say on vision for new Queensferry community hub

    Source: Scotland – City of Edinburgh

    A consultation has opened on proposals to deliver new, fit for purpose services and more school places that support Queensferry’s growing population

    Residents are being asked to share their feedback on new ideas to create a community campus on Burgess Road, bringing together more modern services in a central location for the whole of Queensferry.

    Plans for the new project, which have been designed using the findings of past consultations and reports, focus on:

    • A new Early Years Centre on the north end of Burgess Park, providing children with better quality outdoor space and a modern environment for learning and development. 
    • Enhancing greenspace and extending Burgess Park by removing the Road Depot on adjacent land.
    • Moving an improved and larger Queensferry library to the campus, with more community spaces and provision to deliver expanded services with our partners.
    • Providing additional classrooms at Queensferry Primary School by moving the Early Years facility to a new building and repurposing space within the school.
    • Expanding playground space at Queensferry Primary School, replacing existing buildings in poor condition.

    The proposals for the hub are part of the Queensferry Living Well Locally project to help make Queensferry greener, healthier and safer for everyone.

    The project aligns with the 20-minute neighbourhood strategy to help local people meet most of their daily needs within a short walk, wheel or cycle from their home.

    Information on further plans to improve walking, wheeling and cycling connections to shops, services, and facilities in the local area will follow as related projects are developed.

    Councillor Val Walker, Culture and Communities Convener, said:

    With Queensferry’s population continuing to grow, we need more school places to meet demand, while some of our existing community buildings are reaching the end of their usable life and are no longer fit for purpose. We firmly believe that doing nothing is not an option, and we need to invest in local community facilities for today and tomorrow. We are looking to deliver this through a place-based approach that reflects what people in the area want and need.

    We are keen to hear from as many people as possible who use services in the area. The proposals have been designed partly using the feedback from previous engagement, but we need to make sure they work for everyone. This consultation is a fantastic opportunity to make sure people’s views are heard and considered when plans are developed in more detail.

    Councillor Joan Griffiths, Education, Children and Families Convener, said:

    We know from previous engagement that people would like modern community services and facilities in a central location that is easy for people from all over the local area to access. Our ideas for a new community hub on Burgess Road address these issues.

    The proposals for the new early years centre and expanded primary school have the potential to create a modern learning and development environment for children in Queensferry, while allowing us to provide vital new classroom spaces.

    The survey is now live on the Consultation Hub and will run until Monday 21st April. A number of in-person events will be held in venues across Queensferry, where officers will be available to discuss plans and listen to people’s views. 

    The first of these will take place on Thursday 6th February at Queensferry Library (12pm – 2pm) and Scotmid Co-Op (4pm – 6pm). Details of further dates and times will be published on the Council’s website and Consultation Hub. 

    Beyond this, the project team is also meeting with local community groups and organisations as part of the consultation process. 
     

    MIL OSI United Kingdom

  • MIL-OSI Russia: IMF Executive Board Concludes 2024 Article IV Consultation with Cambodia

    Source: IMF – News in Russian

    January 27, 2025

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Cambodia.

    Cambodia’s economy has continued to recover, albeit at a modest pace. We project real GDP to grow from 5.5 percent in 2024 to 5.8 percent in 2025 and inflation to pick up from 0.5 percent in 2024 to 2 percent in 2025 and remain contained. However, risks to the outlook are tilted to the downside from both external factors and domestic vulnerabilities, including from policy changes by major trading partners, geoeconomic fragmentation, and continued weakness in the construction and real estate sectors.

    The recovery remains uneven. Real GDP growth is driven mainly by external demand, with a strong rebound in garment exports and high growth in agricultural exports. Tourism has experienced a structural shift in its composition, resulting in a lagged recovery in tourism receipts. Growth in non-tradable sectors remains weak. After a sustained credit expansion that lifted the credit-to-GDP ratio from 24 percent in 2010 to 135 percent in 2023, credit growth has come to a near halt. The construction and real estate sectors are undergoing a correction, with rising non-performing loans and emerging signs of private-sector debt overhang.

    We project the fiscal deficit at 2.4 percent of GDP in 2025, down from 3 percent in 2024, with a gradual fiscal consolidation envisaged in the medium-term fiscal framework. Public debt remains well-contained, staying below 30 percent of GDP over the next decade. The current account balance is projected to swing back to a deficit of 1.8 percent of GDP in 2024 as strong demand for imports outpaces the recovery in exports and tourism. The deficit is projected to increase somewhat in 2025, reaching 2.5 percent of GDP, with export growth expected to moderate. 

    Executive Board Assessment2

    Executive Directors welcomed the continuing recovery of the Cambodian economy, driven by strong growth in garment and agricultural exports, and improving tourism activity. Nonetheless, the recovery has been uneven, and while growth is expected to continue, risks to the outlook are tilted to the downside. Directors underscored the importance of policies to safeguard macro financial stability, ensure a durable and inclusive recovery, and achieve the authorities’ development goals over the medium term.

    Directors supported a neutral fiscal stance in the near term and highlighted the importance of gradual and high-quality consolidation over the medium term underpinned by sound fiscal frameworks to maintain debt sustainability and strengthen economic resilience. They welcomed the recent publication of a medium-term fiscal framework but recommended strengthening it with more conservative and transparent fiscal rules. Directors stressed the need to further mobilize revenues through rationalizing tax exemptions and implementing tax policy reforms, while enhancing spending efficiency and strengthening public investment management, in order to help rebuild fiscal buffers and safeguard priority social and capital spending. Directors welcomed efforts to foster the development of the domestic government bond market as Cambodia’s access to concessional foreign financing will be reduced when it graduates from Least Developed Country status. They also stressed the need for sound management of fiscal risks from state-owned enterprises and public-private partnerships.

    Directors supported the measured pace of monetary policy normalization while maintaining adequate financial system liquidity. They encouraged continuing efforts to modernize the monetary policy framework to enhance policy transmission and support de-dollarization. Noting the ongoing corrections in the construction and real estate sectors, declining FDI inflows, and rising nonperforming loans, Directors encouraged phasing out forbearance measures and developing a comprehensive plan to safeguard financial stability. They recommended strengthening risk-based supervision, improving macroprudential policy, enhancing coordination among financial sector supervisory agencies, and intensifying oversight of the real estate sector.

    Directors highlighted the importance of structural reforms to promote economic diversification and improve competitiveness. They encouraged the authorities’ efforts to enhance human capital, invest in infrastructure, strengthen the business environment, address climate vulnerabilities, and promote renewable energy to attract more diversified FDI. They also underscored the importance of strengthening governance and institutions, improving transparency, enhancing the AML/CFT framework, and addressing data limitations through  capacity development.

    Table 1. Cambodia: Selected Economic Indicators, 2021 – 29 1/

    Per capita GDP (2022, US$): 1,546                   Life expectancy (2019, years): 75.5

    Population (2022, million):    16.7                    Literacy rate (2019, percent):  87.7

     

    2021

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    Est.

    Proj.

    Output and prices (annual percent change)

                     

    GDP at constant prices

    3.1

    5.1

    5.0

    5.5

    5.8

    6.2

    6.0

    6.0

    6.0

    Inflation (end-year)

    3.7

    2.9

    2.7

    1.5

    2.1

    3.2

    3.0

    3.0

    3.0

    (Annual average)

    2.9

    5.3

    2.1

    0.4

    2.1

    3.2

    3.0

    3.0

    3.0

                       

    Saving and investment balance

    (in percent of GDP)

                     

    Gross national saving

    0.8

    15.6

    33.6

    30.7

    30.0

    29.2

    29.2

    29.2

    29.3

    Government saving

    0.3

    3.1

    4.1

    5.1

    6.1

    7.1

    8.1

    9.1

    10.1

    Private saving

    0.5

    12.5

    29.5

    25.6

    23.9

    22.1

    21.1

    20.1

    19.2

    Gross fixed investment

    30.4

    34.6

    32.3

    32.5

    32.5

    32.5

    32.5

    32.5

    32.5

    Government investment

    6.6

    5.6

    5.8

    5.2

    4.5

    4.3

    4.2

    3.9

    3.8

    Private investment

    23.8

    29.0

    26.5

    27.4

    28.0

    28.2

    28.4

    28.6

    28.7

                       

    Money and credit (annual percent change, unless otherwise indicated)

                     

    Broad money

    16.4

    8.2

    12.5

    8.5

    7.9

    10.5

    11.3

    9.1

    9.0

    Private sector credit

    23.6

    18.5

    3.5

    4.0

    7.0

    10.0

    10.0

    10.0

    10.0

    Velocity of money 2/

    1.1

    1.0

    1.0

    1.0

    1.0

    1.0

    1.0

    1.0

    1.0

                       

    Public finance (in percent of GDP)

                     

    Revenue

    15.8

    18.1

    15.9

    14.9

    14.9

    14.9

    15.0

    15.1

    15.2

    Domestic revenue

    14.7

    16.4

    14.7

    13.7

    13.7

    13.8

    14.0

    14.1

    14.4

    Of which: Tax revenue

    13.2

    14.7

    13.0

    12.1

    12.1

    12.2

    12.3

    12.5

    12.7

    Grants

    1.1

    1.7

    1.2

    1.2

    1.1

    1.1

    1.0

    0.9

    0.8

    Expenditure

    21.0

    18.4

    18.7

    17.9

    17.3

    17.1

    17.1

    17.2

    17.1

    Expense

    14.4

    12.8

    12.9

    12.7

    12.8

    12.8

    13.0

    13.3

    13.4

    Net acquisition of nonfinancial assets

    6.6

    5.6

    5.8

    5.2

    4.5

    4.3

    4.2

    3.9

    3.8

    Net lending (+)/borrowing(-)

    -5.2

    -0.3

    -2.8

    -3.0

    -2.4

    -2.2

    -2.1

    -2.1

    -2.0

    Net lending (+)/borrowing(-) excluding grants

    -6.3

    -2.0

    -4.0

    -4.2

    -3.6

    -3.3

    -3.2

    -3.0

    -2.8

    Net acquisition of financial assets

    -3.6

    1.4

    -0.3

    -0.2

    0.5

    0.3

    0.2

    0.3

    0.4

    Net incurrence of liabilities 3/

    1.6

    1.7

    2.5

    2.8

    2.9

    2.5

    2.4

    2.4

    2.4

    Total public debt (In percent of GDP)

    25.9

    25.0

    25.7

    26.8

    27.8

    27.8

    27.8

    27.7

    27.7

    Balance of payments (in millions of dollars, unless otherwise indicated)

                     

    Exports, f.o.b.

    19,527

    23,175

    23,569

    26,745

    28,595

    30,942

    33,449

    36,307

    39,457

       (Annual percent change)

    5.7

    18.7

    1.7

    13.5

    6.9

    8.2

    8.1

    8.5

    8.7

    Imports, f.o.b.

    -30,726

    -31,995

    -26,553

    -31,055

    -33,244

    -35,626

    -38,605

    -41,871

    -45,434

       (Annual percent change)

    46.4

    4.1

    -17.0

    17.0

    7.0

    7.2

    8.4

    8.5

    8.5

    Current account (including official transfers)

    -10,886

    -7,572

    555

    -847

    -1,269

    -1,794

    -1,993

    -2,175

    -2,283

        (In percent of GDP)

    -29.6

    -19.0

    1.3

    -1.8

    -2.5

    -3.3

    -3.3

    -3.4

    -3.2

    Gross official reserves 4/

    20,265

    17,805

    19,998

    20,753

    23,064

    26,887

    30,951

    35,422

    40,351

        (In months of prospective imports)

    7.0

    7.3

    6.9

    6.6

    6.9

    7.4

    7.9

    8.3

    8.7

                       

    Total public debt (in millions of dollars)

    9,505

    9,971

    11,187

    12,473

    13,932

    15,218

    16,508

    17,912

    19,453

    (In percent of GDP)

    25.9

    25.0

    25.7

    26.8

    27.8

    27.8

    27.8

    27.7

    27.7

    External debt (in millions of dollars, unless                                    otherwise indicated)

                     

    Public external debt

    9,505

    9,971

    11,187

    12,387

    13,726

    14,939

    16,178

    17,548

    18,978

    (In percent of GDP)

    25.9

    25.0

    25.7

    26.6

    27.4

    27.3

    27.2

    27.1

    27.0

    Public debt service

    397

    427

    449

    418

    439

    458

    482

    506

    533

    (In percent of exports of goods and services)

    2.0

    1.7

    1.6

    1.3

    1.3

    1.2

    1.2

    1.2

    1.1

    Nominal effective exchange rate (index, trade partners by CPI)

    113.3

    122.4

    123.3

    Real effective exchange rate

    (index, based on CPI)

    125.3

    134.0

    132.4

    Memorandum items:

                     

    Nominal GDP (in billions of Riels)

    150,793

    164,059

    177,719

    190,603

    205,946

    225,291

    245,726

    267,845

    292,066

    (In millions of U.S. dollars)

    36,797

    39,838

    43,304

    46,568

    50,180

    54,745

    59,548

    64,733

    70,395

    Sources: Cambodian authorities; and IMF staff estimates and projections.

    1/ Based on the rebased GDP.

                   

    2/ Ratio of nominal GDP to the average stock of broad money.

                   

    3/ Includes statistical discrepancy.

                   

    4/ Includes unrestricted foreign currency deposits held at the National Bank of Cambodia.

                   

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] At the conclusion of the discussion, the Managing Director, as Chair of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summing up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.  

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Alexander Muller

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

    https://www.imf.org/en/News/Articles/2025/01/27/pr-25017-cambodia-imf-executive-board-concludes-2024-article-iv-consultation-with-cambodia

    MIL OSI

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  • MIL-OSI United Nations: Marking 80 Years Since End of Holocaust, UN Chief Urges World to ‘Never Waver in Fight’ for Human Rights

    Source: United Nations General Assembly and Security Council

    Following is UN Secretary-General António Guterres’ message to International Holocaust Remembrance Service at Park East Synagogue, delivered by Miguel Ángel Moratinos Cuyaubé, High Representative for the United Nations Alliance of Civilizations, in New York today:

    It is an honour to send you a message today.  At this sombre occasion, I want to acknowledge that more than a year has passed since the appalling 7 October 2023 terror attacks by Hamas.  We welcome, at long last, the ceasefire and hostage-release deal.  The deal offers hope, as well as much needed relief.  The United Nations will do our utmost to ensure it leads to the release of all hostages and a permanent ceasefire in Gaza.

    This year marks 80 years since the end of the Holocaust.  The history of the Holocaust is one of total moral collapse, dehumanization, complicity and unimaginable atrocities.  But, amidst all the horror, there are also stories of humanity, and of courage.

    I think of those victims who resisted Nazi brutality and supported one another with kindness and solidarity.  I think of those survivors who have told their stories to the world, including Rabbi Schneier and others present today.  We owe you — and the children of survivors who made sure those stories lived on — a profound debt of gratitude.  And I think of those noble people of conscience who may not have been targeted by the Nazis, but were so horrified by what they saw that they felt compelled to act.

    That includes a number of diplomats who used their power to save lives.  They were from a variety of countries, including many represented here today.

    One important example from my own country, Portugal, is Aristides de Sousa Mendes.  Stationed in Bordeaux, as the Nazis approached in 1940, Sr. Sousa Mendes faced crowds desperate for visas out of France.

    The orders of the Portuguese Government were clear.  The infamous “Circular 14” had been issued, denying visas for refugees’ safe passage to Portugal — with Jews named specifically.  Sr. Sousa Mendes decided to disobey and worked quite literally day and night to issue thousands of visas, saving countless lives.

    The Government punished Sr. Sousa Mendes for his defiance.  He died in poverty, after being expelled from the diplomatic corps without pension.  But, his extraordinary efforts have not been forgotten.  In 1966, he was recognized as one of the Righteous Among the Nations, and last year, I was pleased to support the opening of a museum in his honour in Portugal.

    In these days of global turmoil, rising anti-Semitism and growing hate towards many communities, it is vital that we remember the stories of people like Sr. Sousa Mendes, who used their power for good in the worst of times.  They remind us that it is our duty — individually and collectively — to stand with humanity and against bigotry and discrimination.

    In that spirit, I am pleased to report that the United Nations has launched an Action Plan to Enhance Monitoring and Response to Antisemitism.  We have long worked to combat this evil, through a wide range of activities, including our Holocaust Outreach Programme.  This new Plan builds on that work, and the insights of people like Rabbi Schneier, to recommend ways the United Nations system will further enhance efforts to combat antisemitism.

    This goes to the heart of the mission of the United Nations, which was established in the aftermath of the Holocaust.  We will never waver in the fight for a world that promotes and protects the human rights of all.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Secretary-General Greatly Concerned by Recent Escalation of Fighting in Sudan

    Source: United Nations General Assembly and Security Council

    The following statement was issued today by the Spokesman for UN Secretary-General António Guterres:

    The Secretary-General is following with great concern the recent escalation of fighting in Sudan, in particular around the al-Jili oil refinery north of Khartoum, as well as in El Fasher in Darfur.

    The Secretary-General urges the parties to refrain from all actions that could have dangerous consequences for Sudan and the region, including serious economic and environmental implications.  He further reminds the parties of their obligations under international law, including in relation to the protection of civilians and civilian infrastructure and the facilitation of humanitarian access.  Sudanese women, children and men are paying the price for the continued military offensives by the belligerents.

    The Secretary-General renews his call for urgent and genuine dialogue between the parties to the conflict, aimed at achieving an immediate cessation of hostilities to spare Sudanese civilians from further harm and reiterates that a sustainable resolution to the conflict can only be achieved through an inclusive political process.

    The Personal Envoy of the Secretary-General for Sudan, Ramtane Lamamra, continues to engage the parties and all relevant stakeholders to de-escalate the conflict and promote a Sudanese-led inclusive dialogue that will bring a sustained end to the war.

    MIL OSI United Nations News

  • MIL-OSI Canada: Remembering victims of the Holocaust and preserving their stories

    Source: Government of Canada – Prime Minister

    Eighty years ago, the Auschwitz Birkenau German Nazi Concentration and Extermination Camp was liberated. The cruelty committed within its walls must never be forgotten. During the Holocaust, the Nazis senselessly killed six million Jews. They also murdered 500,000 Roma and Sinti people and millions of others, including Poles, prisoners of war, people with disabilities, and 2SLGBTQI+ people. Today, amid a disturbing rise in antisemitism around the world, we stand united to remember the victims of the Holocaust, listen to the stories of survivors, and reaffirm the solemn vow to never forget.

    The Prime Minister, Justin Trudeau, today concluded the first day of his visit to Poland, where he attended a commemorative event to mark 80 years since the liberation of the Auschwitz Birkenau German Nazi Concentration and Extermination Camp. He was accompanied by Canadian Holocaust survivors as well as Canada’s Special Envoy on Preserving Holocaust Remembrance and Combatting Antisemitism, Deborah Lyons.

    In Kraków, Prime Minister Trudeau highlighted a $90.5 million package of measures announced in Budget 2024 to combat antisemitism, preserve Holocaust remembrance, and educate against Holocaust denial and distortion. He also announced almost $3.4 million in new funding to strengthen Holocaust education and awareness efforts in Canada and around the world. This includes new funding to the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Montréal Holocaust Museum, the Vancouver Holocaust Education Centre, the Friends of the Simon Wiesenthal Center for Holocaust Studies, the Toronto Holocaust Museum, the Canadian Society for Yad Vashem, and the Jewish Federation of Victoria and Vancouver Island.

    In meetings with Canadian Holocaust survivors, the Prime Minister reaffirmed Canada’s unwavering commitment to building a country where Jewish people can live open and proud Jewish lives, without intimidation or fear.

    Let the resilience, courage, and strength of Holocaust survivors inspire us to be better – and do better. Together, let us honour their memories, re-tell their stories, and continue our work to build a world that is more just and more peaceful.

    Quotes

    “The Holocaust and the unimaginable cruelty of the Auschwitz Birkenau German Nazi Concentration and Extermination Camp must never be forgotten. In Kraków today, we announced a new suite of initiatives to increase Holocaust education and awareness in Canada, and we reaffirmed our solemn vow: Never forget. Never again.”

    “Eighty years ago, humanity saw one the darkest chapters in history with the murder of over six million Jews during the Holocaust. We have a responsibility to never forget and ensure the events of the Holocaust are never repeated. As we see a rise in antisemitism today, we must be reminded that it is our collective responsibility to combat hate in all its forms. That is why we introduced the new National Holocaust Remembrance Program, which will support initiatives to preserve the memory of the Holocaust and teach Canadians how they can play an active role in combatting antisemitism now and into the future.”

    “Every generation must know the enduring significance of ‘never again’. As we mark 80 years since the liberation of Auschwitz Birkenau, let us pay tribute to the lives we have lost during the Holocaust. Because ‘never again’ is not just a reminder – it is our solemn responsibility. Together, we must uphold this promise and always stand against antisemitism and hate.”

    “For the last 80 years, the Holocaust has reminded us of humanity’s capacity for inhumane cruelty. It has also stood as a warning to never again allow such hatred and horror to go unchecked. With antisemitism once again on the rise, we all have a responsibility to take concrete action, and that’s why the federal government is convening provinces, territories, municipalities, police, and civil society to the National Forum on Combatting Antisemitism. Our synagogues, schools and community centres must be safe spaces for our people. Jewish Canadians must be able to live without fear.”

    Quick Facts

    • The Auschwitz Birkenau German Nazi Concentration and Extermination Camp was the largest camp under Hitler’s regime. One million Jewish people were murdered in Auschwitz Birkenau alone.
    • Canada has the fourth largest Jewish community in the world, following Israel, the United States, and France. According to the 2021 census, 335,000 Canadians identify as Jewish. As of December 2024, Canada’s Holocaust survivor population is roughly 9,800 – one of the largest around the globe.
    • The position of Special Envoy on Preserving Holocaust Remembrance and Combatting Antisemitism was created in 2020 as part of the federal government’s commitment to strengthening national and international efforts to preserve the memory of the Holocaust and honour the stories of survivors. Irwin Cotler was appointed Canada’s first Special Envoy in November 2020 and was succeeded by Deborah Lyons in October 2023. The Special Envoy works to combat antisemitism, hatred, and racism, while promoting and defending democracy, pluralism, inclusion, and human rights.
    • Canada’s commitment to protecting human rights and combatting antisemitism at home and abroad is anchored in our membership in – and work with – the International Holocaust Remembrance Alliance (IHRA). As the only international institution mandated to focus on issues related to the Holocaust, the IHRA works to raise awareness of the global impact of antisemitism and seeks ways to end it. In 2022, Canada announced it would double its annual contribution to the IHRA.
    • In October 2024, the Government of Canada released the Canadian Handbook on the IHRA Working Definition of Antisemitism. Using Canadian examples, the Handbook serves as a tool to identify and address antisemitism across various sectors. Notably, it is the first such handbook produced by a national government.
    • In 2022, the federal government amended Canada’s Criminal Code to make it a crime to willfully promote antisemitism by condoning, denying, or downplaying the Holocaust.
    • In addition to the $90.5 million package of measures on Holocaust remembrance, Budget 2024 also invested over $273 million over six years to implement Canada’s Action Plan on Combatting Hate, including over $29 million ongoing to combat hate crimes and enhance community security.

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  • MIL-OSI Asia-Pac: Hong Kong resident rescued from detention in Southeast Asian country returns to Hong Kong smoothly

    Source: Hong Kong Government special administrative region

    Hong Kong resident rescued from detention in Southeast Asian country returns to Hong Kong smoothly
    Hong Kong resident rescued from detention in Southeast Asian country returns to Hong Kong smoothly
    ******************************************************************************************

         The Security Bureau (SB) today (January 28) said that a Hong Kong resident, who had been detained for illegal work in Myanmar and was recently rescued, has smoothly returned to Hong Kong from Thailand last night (January 27) with members of the SB’s dedicated task force.     The dedicated task force set off for Bangkok on January 21 to follow-up promptly on the case upon confirmation that a Hong Kong resident had been rescued in Myanmar and arrived in Thailand. With the co-ordination and liaison with different units by the task force over the past few days and concerted efforts by various parties, the individual was able to return to Hong Kong in a short period of time and reunite with his family before the Chinese New Year.      The dedicated task force expressed gratitude to the Thai authorities for their humane way of handling the case with the approach of special arrangements for special circumstances by compressing the procedures to within a few days, allowing the Hong Kong resident to return to Hong Kong as soon as possible. While meeting the rescued Hong Kong resident in the detention centre in Bangkok, members of the task force were moved to be able to bring the individual back to Hong Kong and return home together. The Hong Kong resident expressed gratitude for the visit to Thailand by the task force members to follow up on his case. He was also very pleased to learn that he would be able to return to Hong Kong to reunite with his family before the Chinese New Year.      The SB thanked various parties, including the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region, the Chinese Embassy in the Republic of the Union of Myanmar, the Chinese Embassy in the Kingdom of Thailand, the Consulate General of the People’s Republic of China in Chiang Mai, the Consulate-General of Myanmar in Hong Kong, the Royal Thai Consulate-General, Hong Kong, the Hong Kong Economic and Trade Office in Bangkok, and the relevant Thai authorities for their support and assistance.     The dedicated task force has all along been following up proactively on the remaining 10 request-for-assistance cases in which the relevant people have not yet returned to Hong Kong, including maintaining communication, exchanging intelligence and sparing no efforts in following up on each case with the Director of Special Investigation and the Director of Human Trafficking under the Ministry of Justice of Thailand during the team’s stay in Thailand. A member of the dedicated task force will stay in Bangkok to strive to do his utmost for the early return of the remaining 10 people to Hong Kong.

     
    Ends/Tuesday, January 28, 2025Issued at HKT 1:29

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Water system upgrade closes northbound I-5 Scatter Creek Rest Area in Thurston County Feb. 10-28

    Source: Washington State News 2

    GRAND MOUND – Travelers who use the northbound Interstate 5 Scatter Creek Rest Area between Centralia and Olympia will need to make other plans in February. 

    Beginning 8 a.m. Monday, Feb. 10, contractors working for the Washington State Department of Transportation will close the rest area around-the-clock until 5 p.m. Friday, Feb. 28. 

    The planned closure allows crews to update the facility’s water system. The work includes:

    • Installation of new well pumps and pipes.
    • New automated water management systems.
    • Repairs inside and outside of the restrooms.

    The work will reduce long-term maintenance costs and extend the service life of the system. 

    About the rest area

    On average, approximately 2,284 vehicles a day use the Scatter Creek Rest Area. The facility opened 1969 and was rebuilt in 1988. Amenities include water fountains, restrooms, picnic areas, vending machines, a visitor information center, short term parking, and a recreational vehicle wastewater disposal area.

    Alternate facilities

    The nearest rest area with restrooms, short term parking and picnic areas is located three miles north near Maytown along southbound I-5 in Thurston County. 

    The nearest rest area with wastewater disposal for recreational vehicles on I-5 is 50 miles north at the SeaTac Rest Area in King County.

    Travelers are encouraged to sign up for email updates about work on state roads and facilities in Thurston County. Real-time travel information is available from the WSDOT app and statewide travel map.

    MIL OSI USA News

  • MIL-OSI United Nations: Syria: Rights probe reveals systematic torture and detention of Assad regime

    Source: United Nations 4

    By Vibhu Mishra

    Peace and Security

    A report from UN human rights investigators for Syria released on Monday has laid bare the systematic use of arbitrary detention, torture and enforced disappearances by the deposed Assad regime.

    The findings from the Independent International Commission of Inquiry on Syria detail crimes against humanity and war crimes that left a legacy of trauma for countless Syrians, representing some of the worst violations of international law committed during more than a decade of brutal conflict.

    We stand at a critical juncture. The caretaker government and future Syrian authorities can now ensure these crimes are never repeated,” said Paulo Sérgio Pinheiro, Chair of the Commission.

    We hope our findings from almost 14 years of investigations will help end impunity for these patterns of abuse.”

    The report, titled Web of Agony: Arbitrary Detention, Torture and Ill-Treatment in the Syrian Arab Republic, draws on over 2,000 testimonies, including accounts from more than 550 survivors of torture.

    Torture chambers, mass graves

    The fall of the Assad regime last month and subsequent release of prisoners have been pivotal for many Syrians, but for tens of thousands of families, the agony persists. The discovery of mass graves has deepened fears for those whose loved ones remain missing.

    In December and January, Commission teams visited several grave sites and former detention facilities, including Sednaya Military Prison and branches of the former intelligence services in Damascus.

    While significant amounts of evidence and documentation had been destroyed, some materials were preserved, offering a glimmer of hope for families seeking answers.

    For Syrians who did not find their loved ones among the freed, this evidence, alongside testimonies of freed detainees, may be their best hope to uncover the truth about missing relatives,” said Commissioner Lynn Welchman.

    We commend the new authorities for their commitment to protecting mass graves and evidence and encourage further efforts, with the support of relevant Syrian civil society and international actors.”

    The report outlines harrowing accounts of abuse, including severe beatings, electric shocks, rape, mutilation and prolonged psychological and physical torture.

    Survivors and witnesses described dire prison conditions including malnutrition, disease and injuries left untreated. Some detainees were executed, while others succumbed to their injuries in overcrowded, unsanitary cells.

    A path to justice

    Having gained access to Syria for the first time since 2011, the Commission plans to expand its investigations with unprecedented access to sites and survivors who no longer fear reprisals.

    The report emphasises the importance of safeguarding evidence and archives, calling for coordinated efforts with Syrian civil society and international actors.

    “Cases brought before national courts outside Syria, relying on the principle of universal jurisdiction, have led to important convictions of mid- and lower-level perpetrators of war crimes and crimes against humanity,” said Commissioner Hanny Megally.

    We now hope to see credible national justice initiatives, in which survivors and families can play a central role. We stand ready to assist alongside Syrian human rights and family associations and our UN partners.”

    Independent investigators

    The Independent International Commission of Inquiry on the Syrian Arab Republic was established in August 2011 by the UN Human Rights Council, with a mandate to investigate all alleged violations of international human rights law since March 2011.

    The Council also tasked the Commission with establishing the facts and circumstances surrounding alleged crimes and identifying those responsible, in an effort to hold them accountable.

    © UNHCR/Youssef Badawi

    UN High Commissioner for Refugees Filippo Grandi (left) visits the Immigration and Passports Office at Jdaidet Yabous border crossing between Lebanon and Syria.

    Global action for returnees

    The UN High Commissioner for Refugees Filippo Grandi concluded a visit to Syria on Monday, calling for urgent international support to aid those returning home.

    Since September, over 500,000 refugees have made the journey, but they face overwhelming challenges: destroyed homes, shattered infrastructure and widespread poverty, according to the UN refugee agency, UNHCR.

    The agency is working with Syrian caretaker authorities and neighbouring countries to support returns, provide legal aid, transportation and cash assistance.

    Families returning to cities like Aleppo described harsh realities, such as limited access to electricity and water, emphasising the urgent need for investment in healthcare, education and employment.

    Act now

    This is a pivotal moment,” Mr. Grandi said.

    The world must act now to support Syria’s recovery. Cooperation between neighbouring countries, donors and the Syrian caretaker authorities is essential to bring much-needed peace and stability to Syria and the entire region.”

    UNHCR estimates that 27 per cent of Syrian refugees in neighbouring countries, including Lebanon, Jordan and Iraq, plan to return home within the next year – an increase from less than two per cent before the collapse of the regime.

    MIL OSI United Nations News

  • MIL-OSI: Credit Agricole SA : Crédit Agricole Personal Finance & Mobility finalizes the GAC Leasing equity project to support the growth of GAC Group’s electric vehicle sales in China

    Source: GlobeNewswire (MIL-OSI)

    Massy – January 27th, 2025

    Crédit Agricole Personal Finance & Mobility
    finalizes the GAC Leasing equity project to support the growth of GAC Group’s electric vehicle sales in China

    • CA Personal Finance & Mobility finalizes the planned acquisition of 50% of the equity interests of GAC Finance Leasing Co. Ltd. (GAC Leasing), which becomes Guangzhou GAC-Sofinco Finance Leasing Co Ltd (GAC-Sofinco Leasing), the leasing company of one of the largest Chinese manufacturers Guangzhou Automobile Group Co., Ltd. (GAC Group), via a reserved capital increase.
    • With this new joint venture, CA Personal Finance & Mobility will offer financial and operational leasing solutions on the Chinese market in 2025 and will thus promote the deployment of electric vehicles in China.
    • This transaction consolidates a partnership existing since 2009 between CA Personal Finance & Mobility and GAC Group with the creation of GAC-Sofinco AFC, a 50-50 joint venture. The latter operates throughout China and offers automotive financing and services to the GAC-Honda, GAC-Toyota, AION, HYPTEC and GAC Motor networks, serving more than 3,000 dealers.

    CA Personal Finance & Mobility becomes a 50% shareholder in GAC-Sofinco Leasing

    Following a reserved capital increase, CA Personal Finance & Mobility owns 50% of GAC-Sofinco Leasing. The company has been operating on the Chinese market since 2004 and offers financial and operational leasing solutions to GAC customers and its dealer network.

    Through this transaction, CA Personal Finance & Mobility and GAC group are strengthening the leasing offer proposed to Chinese customers, thereby stimulating the sale of electric vehicles, which already represent 60% of the leasing contracts of the new GAC-Sofinco Leasing on a portfolio of more than 200,000 vehicles.

    All necessary authorizations from competition authorities and competent regulators have been obtained. The impact on the CET1 ratio of Crédit Agricole S.A. and that of the Crédit Agricole group will be very limited. 

    « This transaction reaffirms the importance of our long-standing partnership with GAC group. It will enable us to support together and over the long term the development of the particularly dynamic electric automobile market in China. »

    Stéphane PRIAMI – CEO of Crédit Agricole Personal Finance & Mobility

    Key figures:

    • In 2023, GAC group was the 4th largest automotive group in China
    • More than 2.5 million vehicles sold in 2023 worldwide
    • 39,90% of electrified vehicles sold in 2023

    Press Contact

    Adeline Tardif
    presse@ca-cf.fr
    +33 (0)1 87 38 02 88 / +33 (0)6 20 18 84 92

    About Crédit Agricole Personal Finance & Mobility

    Crédit Agricole Personal Finance & Mobility is a leader in personal financing and a provider of access to all mobility solutions in Europe. It distributes directly, at the point of sale or on its partners’ e-commerce platforms, a wide range of financing solutions – amortizable credit, revolving credit, leasing and credit buyback – with associated services including insurance, split payment solutions and services dedicated to mobility, with the aim of meeting the challenges of energy transition in mobility, housing and consumption. Its financing solutions and services are offered in France via Sofinco, in Italy via Agos, in Germany via Creditplus, in Portugal via Credibom, in Spain via Sofinco Espana, in Morocco via Wafasalaf, and in China via GAC-Sofinco (automotive financing only). Crédit Agricole Personal Finance & Mobility aims to be the leader in electric mobility in Europe and offers a mobility continuum in the 22 countries where it is present (leasing, medium and short-term rental, subscription, car sharing, installation of charging stations, etc.). The company relies on Leasys, a joint venture equally owned by Stellantis, CA Auto Bank and Drivalia, the pan-European leader in automotive financing, rental and mobility, Crédit Agricole Mobility Services, a comprehensive service offering dedicated to mobility and the development of automotive financing in its universal subsidiaries in Europe and in Crédit Agricole Regional Banks and at LCL via Agilauto. CA Personal Finance & Mobility acts every day in the interest of its 17.2 million customers and society. As of December 31, 2023, CA Personal Finance & Mobility managed €113 billion in outstanding credit. More information: www.ca-personalfinancemobility.com

    Attachment

    The MIL Network

  • MIL-OSI: Planisware selected by Northrop Grumman to drive innovation and enhance operational excellence

    Source: GlobeNewswire (MIL-OSI)

    Planisware Enterprise selected by Northrop Grumman as enterprise-wide Program Management System to drive innovation and enhance operational excellence

    San Francisco, California, January 27, 2025 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, announced today that Northrop Grumman Corporation, a leading global aerospace and defense technology company, has selected Planisware Enterprise to serve as its enterprise-wide program management system.

    We are honored to partner with Northrop Grumman as they continue to implement digital technologies across their business,” said Loic Sautour, Chief Executive Officer at Planisware. “Planisware will act as a key partner in their digital transformation efforts, streamlining portfolio management technology across the end-to-end product lifecycle.”

    Contacts

    Investor Relations: Benoit d’Amécourt
    benoit.damecourt@planisware.com
    +33 6 75 51 41 47

    Media: Brunswick Group
    Hugues Boëton / Tristan Roquet Montégon
    planisware@brunswickgroup.com
    +33 6 79 99 27 15 / +33 6 37 00 52 57

    About Planisware

    Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

    With more than 700 employees across 14 offices, Planisware operates at significant scale serving circa 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

    Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”).

    For more information, visit https://planisware.com/ and connect with Planisware on LinkedIn.

    Attachment

    The MIL Network

  • MIL-OSI: RUBIS: Transactions carried out within the framework of the share buyback programme (excluding transactions within the liquidity agreement) – 20 to 24 January 2025

    Source: GlobeNewswire (MIL-OSI)

    Paris, 27 January 2025, 06:00pm

    Issuer Name: Rubis (LEI: 969500MGFIKUGLTC9742)
    Category of securities: Ordinary shares (ISIN: FR0013269123)
    Period: From 20 to 24 January 2025

    Upon the authorisation granted by the Ordinary Shareholders’ Meeting held on 11 June 2024 to implement a share buyback program, the Company carried out, between 20 to 24 January 2025, the repurchases of its own shares in order to transfer them to employees and/or corporate officers of the Company and/or companies related to it in the context of a shareholding plan.

    Aggregate presentation per day and per market:

    Name of issuer Identification code of issuer (Legal Entity Identifier) Day of transaction Identification code of financial instrument Aggregated daily volume
    (in number of shares)
    Daily weighted average price of the purchased shares * Market (MIC Code)
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 2,488 25.0174 AQEU
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 10,558 24.9677 CEUX
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 2,444 24.9598 TQEX
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 23,800 24.9288 XPAR
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 2,508 24.9153 AQEU
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 10,840 24.9125 CEUX
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 2,483 24.9325 TQEX
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 24,496 24.9205 XPAR
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 2,403 24.8564 AQEU
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 11,015 24.8576 CEUX
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 2,593 24.8509 TQEX
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 22,660 24.8559 XPAR
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 2,505 25.0306 AQEU
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 11,520 25.0218 CEUX
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 2,886 25.0233 TQEX
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 23,570 25.0212 XPAR
    * Four-digit rounding after the decimal TOTAL 158,769 24.9368  

    Detailed presentation per transaction:

    Detailed information on the transactions carried out from 20 to 24 January 2025 is available on the Company’s website (www.rubis.fr) in the section “Investors – Regulated information – Share buyback programme”.

      Contact
      RUBIS – Legal Department
      Tel. : + 33 (0)1 44 17 95 95

    Attachment

    The MIL Network

  • MIL-OSI: Fluent, Inc. Named to Ad Age’s 2025 Best Places to Work List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading commerce media solutions company, today announced it has been recognized as one of Ad Age’s 2025 Best Places to Work, appearing on the list as #18.

    Ad Age Best Places to Work is an annual ranking of companies that set the standard in terms of pay, benefits, corporate culture, and leadership. The 2025 list honors 50 companies that demonstrated excellence and adaptability as the advertising industry and media landscape continued to evolve over the past year.

    With nearly 200 employees across the US and Canada, Fluent will continue to invest into its commerce media team as it executes a strategic pivot toward a growing suite of commerce media solutions.

    “We are honored to be recognized in Ad Age’s 2025 Best Places to Work rankings,” said Patrick Sweeney, VP of People at Fluent. “Our commitment to cultivating top talent and fostering a performance-driven culture allows us to deliver outstanding experiences for consumers and measurable results for clients. As an emerging leader in the commerce media space, we’re proud to celebrate this milestone as we continue to drive positive momentum for our business and people.”

    Fluent is dedicated to building a collaborative and supportive work environment where innovation and creativity thrive. Offering benefits that prioritize well-being and professional growth, employees enjoy access to mental health services, flexible paid time off and work schedules, and mentorship programs that connect junior staff with senior leaders. Fluent’s commitment to giving back is equally strong, with annual community service events and a generous donation-matching program empowering employees to support the causes they care about.

    “The companies on Ad Age’s 2025 Best Places to Work list have shown a deep commitment to building workplaces where employees truly want to be—no small feat in today’s challenging labor market,” said Dan Peres, President of Ad Age. “Earning this recognition isn’t just a win for company culture; it also strengthens an organization’s reputation, making it a more attractive place for top talent.”

    Ad Age produced Best Places to Work 2025 in partnership with Workforce Research Group, a research firm specializing in identifying and recognizing great places to work. The competition was open to agencies, ad tech firms, data and research firms, brand or corporate marketing departments or groups, and in-house agencies of marketers.

    Ad Age’s scoring system factors in employee responses and a company’s policies and practices on topics including pay and benefits, work/life balance, recruitment, training, and development. The winners reflect the highest overall numerical scores based on an analysis of questionnaires submitted by employers and survey responses from their employees.

    To see current job openings at Fluent, visit https://fluentco.com/careers/.

    About Fluent, Inc.

    Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging diverse ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights visit https://www.fluentco.com/.

    About Ad Age

    Created in 1930 to cover a burgeoning industry with objectivity, accuracy and fairness, Ad Age continues to be powered by award-winning journalism. Today, Ad Age is a global media brand focusing on curated creativity, data and analysis, people and culture, and innovation and forecasting.

    Contact Information

    Investor Relations
    Fluent, Inc.
    InvestorRelations@fluentco.com

    The MIL Network

  • MIL-OSI Economics: IMF Executive Board Concludes 2024 Article IV Consultation with Cambodia

    Source: International Monetary Fund

    January 27, 2025

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Cambodia.

    Cambodia’s economy has continued to recover, albeit at a modest pace. We project real GDP to grow from 5.5 percent in 2024 to 5.8 percent in 2025 and inflation to pick up from 0.5 percent in 2024 to 2 percent in 2025 and remain contained. However, risks to the outlook are tilted to the downside from both external factors and domestic vulnerabilities, including from policy changes by major trading partners, geoeconomic fragmentation, and continued weakness in the construction and real estate sectors.

    The recovery remains uneven. Real GDP growth is driven mainly by external demand, with a strong rebound in garment exports and high growth in agricultural exports. Tourism has experienced a structural shift in its composition, resulting in a lagged recovery in tourism receipts. Growth in non-tradable sectors remains weak. After a sustained credit expansion that lifted the credit-to-GDP ratio from 24 percent in 2010 to 135 percent in 2023, credit growth has come to a near halt. The construction and real estate sectors are undergoing a correction, with rising non-performing loans and emerging signs of private-sector debt overhang.

    We project the fiscal deficit at 2.4 percent of GDP in 2025, down from 3 percent in 2024, with a gradual fiscal consolidation envisaged in the medium-term fiscal framework. Public debt remains well-contained, staying below 30 percent of GDP over the next decade. The current account balance is projected to swing back to a deficit of 1.8 percent of GDP in 2024 as strong demand for imports outpaces the recovery in exports and tourism. The deficit is projected to increase somewhat in 2025, reaching 2.5 percent of GDP, with export growth expected to moderate. 

    Executive Board Assessment2

    Executive Directors welcomed the continuing recovery of the Cambodian economy, driven by strong growth in garment and agricultural exports, and improving tourism activity. Nonetheless, the recovery has been uneven, and while growth is expected to continue, risks to the outlook are tilted to the downside. Directors underscored the importance of policies to safeguard macro financial stability, ensure a durable and inclusive recovery, and achieve the authorities’ development goals over the medium term.

    Directors supported a neutral fiscal stance in the near term and highlighted the importance of gradual and high-quality consolidation over the medium term underpinned by sound fiscal frameworks to maintain debt sustainability and strengthen economic resilience. They welcomed the recent publication of a medium-term fiscal framework but recommended strengthening it with more conservative and transparent fiscal rules. Directors stressed the need to further mobilize revenues through rationalizing tax exemptions and implementing tax policy reforms, while enhancing spending efficiency and strengthening public investment management, in order to help rebuild fiscal buffers and safeguard priority social and capital spending. Directors welcomed efforts to foster the development of the domestic government bond market as Cambodia’s access to concessional foreign financing will be reduced when it graduates from Least Developed Country status. They also stressed the need for sound management of fiscal risks from state-owned enterprises and public-private partnerships.

    Directors supported the measured pace of monetary policy normalization while maintaining adequate financial system liquidity. They encouraged continuing efforts to modernize the monetary policy framework to enhance policy transmission and support de-dollarization. Noting the ongoing corrections in the construction and real estate sectors, declining FDI inflows, and rising nonperforming loans, Directors encouraged phasing out forbearance measures and developing a comprehensive plan to safeguard financial stability. They recommended strengthening risk-based supervision, improving macroprudential policy, enhancing coordination among financial sector supervisory agencies, and intensifying oversight of the real estate sector.

    Directors highlighted the importance of structural reforms to promote economic diversification and improve competitiveness. They encouraged the authorities’ efforts to enhance human capital, invest in infrastructure, strengthen the business environment, address climate vulnerabilities, and promote renewable energy to attract more diversified FDI. They also underscored the importance of strengthening governance and institutions, improving transparency, enhancing the AML/CFT framework, and addressing data limitations through  capacity development.

    Table 1. Cambodia: Selected Economic Indicators, 2021 – 29 1/

    Per capita GDP (2022, US$): 1,546                   Life expectancy (2019, years): 75.5

    Population (2022, million):    16.7                    Literacy rate (2019, percent):  87.7

     

    2021

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    Est.

    Proj.

    Output and prices (annual percent change)

                     

    GDP at constant prices

    3.1

    5.1

    5.0

    5.5

    5.8

    6.2

    6.0

    6.0

    6.0

    Inflation (end-year)

    3.7

    2.9

    2.7

    1.5

    2.1

    3.2

    3.0

    3.0

    3.0

    (Annual average)

    2.9

    5.3

    2.1

    0.4

    2.1

    3.2

    3.0

    3.0

    3.0

                       

    Saving and investment balance

    (in percent of GDP)

                     

    Gross national saving

    0.8

    15.6

    33.6

    30.7

    30.0

    29.2

    29.2

    29.2

    29.3

    Government saving

    0.3

    3.1

    4.1

    5.1

    6.1

    7.1

    8.1

    9.1

    10.1

    Private saving

    0.5

    12.5

    29.5

    25.6

    23.9

    22.1

    21.1

    20.1

    19.2

    Gross fixed investment

    30.4

    34.6

    32.3

    32.5

    32.5

    32.5

    32.5

    32.5

    32.5

    Government investment

    6.6

    5.6

    5.8

    5.2

    4.5

    4.3

    4.2

    3.9

    3.8

    Private investment

    23.8

    29.0

    26.5

    27.4

    28.0

    28.2

    28.4

    28.6

    28.7

                       

    Money and credit (annual percent change, unless otherwise indicated)

                     

    Broad money

    16.4

    8.2

    12.5

    8.5

    7.9

    10.5

    11.3

    9.1

    9.0

    Private sector credit

    23.6

    18.5

    3.5

    4.0

    7.0

    10.0

    10.0

    10.0

    10.0

    Velocity of money 2/

    1.1

    1.0

    1.0

    1.0

    1.0

    1.0

    1.0

    1.0

    1.0

                       

    Public finance (in percent of GDP)

                     

    Revenue

    15.8

    18.1

    15.9

    14.9

    14.9

    14.9

    15.0

    15.1

    15.2

    Domestic revenue

    14.7

    16.4

    14.7

    13.7

    13.7

    13.8

    14.0

    14.1

    14.4

    Of which: Tax revenue

    13.2

    14.7

    13.0

    12.1

    12.1

    12.2

    12.3

    12.5

    12.7

    Grants

    1.1

    1.7

    1.2

    1.2

    1.1

    1.1

    1.0

    0.9

    0.8

    Expenditure

    21.0

    18.4

    18.7

    17.9

    17.3

    17.1

    17.1

    17.2

    17.1

    Expense

    14.4

    12.8

    12.9

    12.7

    12.8

    12.8

    13.0

    13.3

    13.4

    Net acquisition of nonfinancial assets

    6.6

    5.6

    5.8

    5.2

    4.5

    4.3

    4.2

    3.9

    3.8

    Net lending (+)/borrowing(-)

    -5.2

    -0.3

    -2.8

    -3.0

    -2.4

    -2.2

    -2.1

    -2.1

    -2.0

    Net lending (+)/borrowing(-) excluding grants

    -6.3

    -2.0

    -4.0

    -4.2

    -3.6

    -3.3

    -3.2

    -3.0

    -2.8

    Net acquisition of financial assets

    -3.6

    1.4

    -0.3

    -0.2

    0.5

    0.3

    0.2

    0.3

    0.4

    Net incurrence of liabilities 3/

    1.6

    1.7

    2.5

    2.8

    2.9

    2.5

    2.4

    2.4

    2.4

    Total public debt (In percent of GDP)

    25.9

    25.0

    25.7

    26.8

    27.8

    27.8

    27.8

    27.7

    27.7

    Balance of payments (in millions of dollars, unless otherwise indicated)

                     

    Exports, f.o.b.

    19,527

    23,175

    23,569

    26,745

    28,595

    30,942

    33,449

    36,307

    39,457

       (Annual percent change)

    5.7

    18.7

    1.7

    13.5

    6.9

    8.2

    8.1

    8.5

    8.7

    Imports, f.o.b.

    -30,726

    -31,995

    -26,553

    -31,055

    -33,244

    -35,626

    -38,605

    -41,871

    -45,434

       (Annual percent change)

    46.4

    4.1

    -17.0

    17.0

    7.0

    7.2

    8.4

    8.5

    8.5

    Current account (including official transfers)

    -10,886

    -7,572

    555

    -847

    -1,269

    -1,794

    -1,993

    -2,175

    -2,283

        (In percent of GDP)

    -29.6

    -19.0

    1.3

    -1.8

    -2.5

    -3.3

    -3.3

    -3.4

    -3.2

    Gross official reserves 4/

    20,265

    17,805

    19,998

    20,753

    23,064

    26,887

    30,951

    35,422

    40,351

        (In months of prospective imports)

    7.0

    7.3

    6.9

    6.6

    6.9

    7.4

    7.9

    8.3

    8.7

                       

    Total public debt (in millions of dollars)

    9,505

    9,971

    11,187

    12,473

    13,932

    15,218

    16,508

    17,912

    19,453

    (In percent of GDP)

    25.9

    25.0

    25.7

    26.8

    27.8

    27.8

    27.8

    27.7

    27.7

    External debt (in millions of dollars, unless                                    otherwise indicated)

                     

    Public external debt

    9,505

    9,971

    11,187

    12,387

    13,726

    14,939

    16,178

    17,548

    18,978

    (In percent of GDP)

    25.9

    25.0

    25.7

    26.6

    27.4

    27.3

    27.2

    27.1

    27.0

    Public debt service

    397

    427

    449

    418

    439

    458

    482

    506

    533

    (In percent of exports of goods and services)

    2.0

    1.7

    1.6

    1.3

    1.3

    1.2

    1.2

    1.2

    1.1

    Nominal effective exchange rate (index, trade partners by CPI)

    113.3

    122.4

    123.3

    Real effective exchange rate

    (index, based on CPI)

    125.3

    134.0

    132.4

    Memorandum items:

                     

    Nominal GDP (in billions of Riels)

    150,793

    164,059

    177,719

    190,603

    205,946

    225,291

    245,726

    267,845

    292,066

    (In millions of U.S. dollars)

    36,797

    39,838

    43,304

    46,568

    50,180

    54,745

    59,548

    64,733

    70,395

    Sources: Cambodian authorities; and IMF staff estimates and projections.

    1/ Based on the rebased GDP.

                   

    2/ Ratio of nominal GDP to the average stock of broad money.

                   

    3/ Includes statistical discrepancy.

                   

    4/ Includes unrestricted foreign currency deposits held at the National Bank of Cambodia.

                   

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] At the conclusion of the discussion, the Managing Director, as Chair of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summing up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.  

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Alexander Muller

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

    MIL OSI Economics

  • MIL-OSI USA: Sen. Scott Op-ed Highlights Importance of Education Savings Accounts to School Choice

    US Senate News:

    Source: United States Senator for South Carolina Tim Scott
    WASHINGTON — U.S. Senator Tim Scott (R-S.C.) and Dr. Mick Zais, former deputy and acting U.S. Secretary of Education, penned an op-ed in the Post and Courier discussing school choice and the benefit of Education Savings Accounts for students in South Carolina. 
    Commentary: SC students lose in fight over education savings accounts
    The Post and Courier
    By Senator Tim Scott and Dr. Mick Zais
    We live in a society where we can personalize anything based on our individual needs and preferences, whether it’s the channels we watch, the food we order or the cars we drive. Ironically, there remains so much resistance to parents being able to choose the education that is best-suited to help their children succeed.
    No two children are the same. Each child has different interests, talents and needs. So what should we expect from a one-size-fits-all school system where every child learns the same material, on the same schedule, in the same way? Mediocrity, at best — and that’s exactly what we’re getting.
    Only 26% of eighth graders are proficient in math, and just 31% are proficient in reading. South Carolina’s eighth graders ranked 39th in math proficiency and 38th in reading proficiency nationwide. Our students deserve better. Disastrous school closures galvanized the most powerful interest group in education: parents. Now, more than ever, parents are exercising their right to oversee their children’s education. They want a say in where, how, what and by whom their children are taught. As a result, school choice — in its many forms — is rapidly expanding across the country, including here in South Carolina.
    In South Carolina, we are fortunate to have 95 charter schools serving 49,000 students. Another 49 schools are in the planning stage to help serve the 15,000 students on waiting lists. Charter schools work, and parents know it. From 2009 to 2023, Stanford University’s Center for Research on Education Outcomes studied more than 2 million students across 29 states, and while it had significant concerns about S.C. charters, it concluded that nationally, charter schools “produce superior student gains despite enrolling a more challenging student population.”
    Education savings accounts can provide parents with yet another option. With these scholarships, parents can choose which education best meets their child’s needs from numerous state-approved, public or private providers. These accounts are efficient — the funds go directly to the student’s education, not the school system’s operation.
    South Carolina’s program provides opportunities for lower- and middle-income families to attend private K-12 schools, a privilege that affluent families have always enjoyed. Under the program, qualifying students could receive scholarships of up to $6,000 to attend state-approved private schools. But the scholarships are not limited to private school tuition. Public-school students can benefit as well. Parents are permitted to use these dollars to pay transfer fees between school districts, or to pay for individual classes or services. Parents can also use the dollars to pay for textbooks, tutoring, computers, online courses, transportation and other instructional expenses. This year, nearly 2,000 South Carolina students used these scholarships. And the number of scholarships was set to increase to 10,000 next year and 15,000 the year after.
    However, much of that came to a halt when South Carolina’s Supreme Court ruled that using money from the program for private school tuition violates our state constitution because it provides taxpayer dollars directly to private schools. We disagree. The scholarships do not fund schools; they fund students. And the parents of the students can direct the money to an educational provider of their choice.
    Using food stamps, a single mom can choose the grocery store from which she will buy her family’s food. Using Medicare, a senior can choose the hospital from which he will receive care. Using  federal and state grants, a low-income student can choose the college she will attend. The Education Scholarship Trust Fund program was no different. The South Carolina Legislature thought it wise to give parents the ability to choose the best education for their child.
    Relatedly, the court’s decision also begs the question: If the scholarships for K-12 education are unconstitutional, what other programs are? Is the LIFE scholarship unconstitutional because a student can use it to attend Presbyterian College? Is the SC HOPE scholarship unconstitutional because a student can use it to attend Bob Jones University? Is the Palmetto Fellows program unconstitutional because a student can use it to attend Newberry College? Is South Carolina’s tuition grants program unconstitutional because it can be used at private institutions?
    In the back-and-forth between the court and the Legislature, families are caught in the crosshairs. For many, South Carolina’s program was a chance to escape a one-size-fits-all system and find a school that meets the unique needs of their child. This is especially true for low-income families whose students are often trapped in perennially failing schools.
    School choice is a lifeline to opportunity. Whether in the form of charters, education scholarships or other programs, we must continue the work of making educational freedom a reality for all students. Students and their parents are counting on us.
    Click here to read the op-ed.

    MIL OSI USA News

  • MIL-OSI Global: Rural communities in Québec are embracing ‘mushroom tourism’ to boost local economies

    Source: The Conversation – Canada – By Amélie Cloutier, Professor of Strategy and Innovation, Université du Québec à Montréal (UQAM)

    Mycotourism combines mushroom foraging in natural habitats with culinary traditions and rural culture, offering a unique experience distinct from traditional tourism. (Shutterstock)

    Mycotourism, or mushroom tourism, is becoming increasingly popular as travellers seek out more nature-focused experiences. This unique tourism niche combines guided mushroom foraging with culinary traditions and rural culture to offer travellers an experience distinct from more traditional forms of tourism.

    Mycotourism has significant economic and environmental potential to boost local economies, particularly in rural areas, while also fostering a deeper connection between visitors and nature. When it is practised sustainably, it can also help conserve local ecosystems and cultural traditions by sharing traditional mushroom harvesting methods and ecological knowledge with the public.

    The growing popularity of mycotourism reflects a larger shift toward forest-related and gastronomy tourism. Forest-related tourism includes activities like foraging and product harvesting as travellers seek closer connections to nature, while gastronomy tourism involves travellers seeking out culinary experiences.

    Rural tourism, too, has seen growing interest in recent years. United Nations Tourism designated 2020 as the “Year of Tourism and Rural Development” and mycotourism aligns with this focus, as it is tied closely to rural economies, often involving small, seasonal businesses that face seasonal and visibility challenges.

    In response to this trend, the Québec government has revealed a 2024-2029 strategy to establish the province as a premier culinary destination with a promising future. As mycotourism grows, it aligns with Québec’s broader culinary and tourism goals.

    Mycotourism: A brief overview

    While mushroom foraging has long been practised informally in many parts of the world, it’s now evolving into a formalized tourism industry, led by local experts to ensure safety. Countries such as Mexico, Spain, Portugal, Scotland and South Africa are current pioneers in this market.

    Spain, where mycotourism originated, leads the way with its well-established “micoturismo” industry, especially in the Castilla y León region.

    While mushroom foraging has long been practised informally in many parts of the world, it’s now evolving into a formalized tourism industry.
    (Shutterstock)

    In Canada, Québec has become a hotspot for mycotourism thanks to its rich natural landscapes, including vast forests and diverse ecosystems. The province has seen increased demand from both local and international visitors.

    The Québec regions of Kamouraska and Mauricie, in particular, have emerged as leaders in North American mycotourism. This surge, which was boosted by the COVID-19 pandemic, has positioned these regions as key destinations for mushroom enthusiasts.

    The number of amateur mycology circles and their members has also risen sharply in the province, reflecting a growing interest in wild mushrooms.

    However, despite its growth, mycotourism remains relatively unfamiliar to many Canadians. It signals an untapped opportunity for the tourism industry in the country.

    Overcoming industry challenges

    The mycotourism sector faces several challenges, including fragmented initiatives, which presents challenges in areas like promotion, infrastructure and knowledge sharing.

    There is a need for better co-ordination among mycotourism stakeholders. In Québec, these stakeholders include regional tourism associations, sectoral tourism associations like Terroir et Saveurs du Québec.

    Establishing a unified platform or network for mycotourism stakeholders stakeholders could facilitate the exchange of best practices, improve promotion and support its sustainable growth.

    By closely monitoring new initiatives, researchers, entrepreneurs and tourism professionals can better understand the challenges and opportunities in this field.

    This collaborative approach would identify potential partners for future collaborations, highlight resources and tools and ensure the development of this industry respects all the stakeholders, including Indigenous communities.

    Canada is well-positioned to become a global leader in mycotourism.
    (Shutterstock)

    Our mushroom tourism research

    Our recent research study sheds light on the growth of the mycotourism industry in Québec. Through an in-depth environmental scan, we identified 57 providers across the province, with the majority concentrated in Mauricie and Bas-Saint-Laurent, including the region of Kamouraska.

    We found that most mycotourism businesses in Québec are micro or very small enterprises, which means collaboration and networking are both essential for supporting their growth and sustainability.

    The activities offered by these providers fell into five main categories:

    1. Events and learning: Includes festivals, conferences, training sessions and courses.
    2. Culinary experiences: Features culinary workshops and tasting sessions.
    3. Guided tours and hosting: Encompasses guided tours and group hosting events.
    4. Nature exploration and foraging: Includes guided, self-picking foraging expeditions.
    5. Accommodations with mushroom picking: Lodging experiences that allow guests to participate in mushroom picking during their stay.

    In addition, our study identified four types of enterprises in the sector. These ranged from solo ventures specializing in niche activities, to versatile solo ventures with a diverse range and experiences and services, to slightly larger businesses focusing on targeted services.

    It’s clear that Québec’s mycotourism sector is dynamic, with businesses continually developing new and innovative offerings. The wide range of experiences offered are designed to attract new segments of tourists interested in agritourism, gastronomy or other unique accommodations.

    Unlocking mycotourism potential

    As mycotourism continues to grow, it is crucial for small-scale initiatives in this sector to gain stronger support and recognition from tourism authorities, regional organizations and government agencies.

    Without this support, these businesses may struggle to overcome challenges like limited visibility, fragmented efforts and insufficient resources. If these challenges are not addressed, it could hinder the growth of the sector and its ability to contribute to local economies and rural development.

    With its vast forests, rich biodiversity and developing agritourism and gastronomy sectors, Canada is well-positioned to establish itself as a top destination for mushroom enthusiasts. But to fully realize its full potential, Canada must create an environment that promotes innovation, collaboration and investment in mycotourism.

    Amélie Cloutier receives funding from FRQSC.

    Marc-Antoine Vachon receives funding from Développement Économique Canada pour les régions du Québec et de la Fondation de l’UQAM grâce à un don de Transat A.T..

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

    ref. Rural communities in Québec are embracing ‘mushroom tourism’ to boost local economies – https://theconversation.com/rural-communities-in-quebec-are-embracing-mushroom-tourism-to-boost-local-economies-246392

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Woodland restoration boost after Teesside company civil sanction

    Source: United Kingdom – Government Statements

    A woodland restoration project has received a boost after a Teesside company paid £290,000 to Tees Valley Wildlife Trust for breaching its Environmental Permit.

    An area of cleared woodland.

    The Lazenby Bank Woodland Restoration Project includes improvements to 215 acres of woodland near Wilton International industrial complex at Teesside.

    It comes after Sembcorp Utilities (UK) Ltd, which operates a biomass power station at Wilton, breached its environmental permit by wrongly classifying hazardous waste as non-hazardous during its disposal at landfill.

    It submitted an Enforcement Undertaking to the Environment Agency proposing a charitable donation to Tees Valley Wildlife Trust of £290,000. It’s also introduced new operating procedures to ensure waste is disposed of correctly in future.

    An Enforcement Undertaking is a voluntary offer made by companies or individuals to make amends for their offending, and usually includes a payment to an environmental charity to carry out environmental improvements in the local area.

    Work carried out on the site, next to Wilton International, includes:

    • Clearing unmanaged coniferous woodland to restore habitats where ancient woodland is present – a high priority nationally for conservation.
    • Seeding and re-planting with a greater variety of native trees to improve wildlife biodiversity and diversity of woodland, delivering long-term carbon sequestration.
    • Improved access to the area through new and improved access gates, footpaths and tracks to improve community access to the natural environment in what is an urban area.
    • Community engagement to encourage volunteers to get involved in tree planting as well as training placements with young people from the community to reduce anti-social behaviour.

    The image shows an example of improved natural woodland.

    The Trust will also use the funds to carry out river channel management over three years at nearby Coatham Marsh nature reserve to maintain good habitat conditions for wildlife.

    Ian Preston, Installations Team Leader at the Environment Agency in the North East, said:

    We always consider enforcement options on a case by case basis and Enforcement Undertakings allow companies to put right what went wrong and contribute to environmental improvements and outcomes.

    In this case the payment has allowed a planned and important community project to be delivered at pace – an environmental investment that has enhanced the local area for people and wildlife.

    Tom Harman, Chief Executive of Tees Valley Wildlife Trust, added:

    It’s vital to see funds like this being reinvested into protecting our landscapes for people and wildlife.

    Lazenby Bank Woodland and Coatham Marsh are incredible nature assets for our communities in the Tees Valley. The project will help restore nationally important habitats for priority species and secure improvements for public access.

    Image shows an example of improved natural woodland. Credit: Tees Valley Wildlife Trust.

    Waste was misclassified

    In September 2019 the Environment Agency carried out an audit into Sembcorp’s disposal of Incinerator Bottom Ash (IBA), which is a product of the incineration process.

    Enquiries revealed Sembcorp had classified all its IBA as non-hazardous and disposed of it at a non-hazardous landfill.

    But data showed that its IBA contained concentrations of lead, copper, zinc and nickel – waste that should be classified as hazardous.

    Data supplied from 2015 onwards showed the misclassification had been taking place since at least that date.

    An independent report from a company instructed by Sembcorp concluded that while the IBA should have been classified as hazardous, there was no significant risk to human health or the environment as a result of the wrong disposal. Environment Agency specialists agreed with this conclusion.

    Sembcorp accepted responsibility for the misclassification and set out all the steps it had taken to prevent it happening in the future. As soon as the issue had been identified the company started disposing of its IBA at a hazardous landfill facility.

    Updates to this page

    Published 27 January 2025

    MIL OSI United Kingdom

  • MIL-OSI United Nations: Secretary-General’s remarks at the United Nations Memorial Ceremony marking the International Day of Commemoration in memory of the victims of the Holocaust [as delivered]

    Source: United Nations secretary general

    It is an honour to be here with you.

     
    I am humbled to have Holocaust survivors and their families with us today.
     
    Before we begin, I want to acknowledge that more than a year has passed since the appalling 7th October terror attacks by Hamas.
     
    We welcome, at long last, the ceasefire and hostage release deal.
     
    The deal offers hope, as well as much needed relief.
     
    We will do our utmost to ensure it leads to the release of all hostages.  Since the beginning, we have asked for the unconditional immediate release of all hostages and a permanent ceasefire in Gaza.
     
    Dear Friends,
     
    Every year on this day, we come together to mark the liberation of Auschwitz-Birkenau.
     
    We mourn the six million Jews murdered by the Nazis and their collaborators, as they sought to destroy an entire people.
     
    We grieve the Roma and Sinti also targeted for genocide, the people with disabilities, LGBTIQ+ people, and all those enslaved, persecuted, tortured, and killed. 
     
    We stand alongside victims, survivors and their families. 
     
    And we renew our resolve never to forget:
     
    Never to forget the atrocities that so “outraged the conscience” of humankind.
     
    And never to forget their putrid foundations: millennia of antisemitic hate – manifest in marginalisation, discrimination, expulsions, and murder.
     
    Dear Friends,
     
    This year, our commemoration marks a milestone.
     
    80 years ago, the Holocaust ended.
     
    And our efforts began to keep the terrible truth alive; building on the work of those who chronicled Nazi atrocities as they were perpetrated around them – and against them.
     
    The courage of survivors in telling their stories has played an enormous role.
     
    We are deeply grateful to them all. 
     
    But the responsibility belongs to every one of us.
     
    Remembrance is not only a moral act. Remembrance is a call to action.
     
    To allow the Holocaust to fade from memory would dishonour the past and betray the future.
     
    The extraordinary Auschwitz survivor, Primo Levi – who bore witness to all he had seen and endured – urged us to carve the knowledge into our hearts.
     
    And we must.
     
    To know the history of the Holocaust is to know the depths to which humanity can sink.
     
    It is to understand how the Nazis were able to commit their heinous crimes, with the complicity of others.
     
    And it is to comprehend our solemn duty to speak-up against hate, to stand-up for the human rights of all, and to make those rights a reality.
     
    Dear Friends,
     
    Following the hell of the Holocaust, countries came together:
     
    They created the United Nations and our Charter 80 years ago – affirming the worth of every human person…
     
    They adopted the Convention on the Prevention and Punishment of the Crime of Genocide – for which we owe a debt of gratitude to the Polish Jewish lawyer Raphael Lemkin…
     
    And they established the Universal Declaration of Human Rights – the foundation of all international human rights law.
     
    As one of the drafters, Lebanese diplomat and intellectual, Charles Malik, said, the Declaration was:
     
    “…Inspired by opposition to the barbarous doctrines of Nazism and fascism.”
     
    The dignity of every member of our human family is enshrined in that document, which draws from traditions around the world.
     
    It is a pure expression of our shared humanity.
     
    And in dark times it remains a shining light.
     
    Dear Friends,
     
    Today, our world is fractured and dangerous.
     
    Eighty years since the Holocaust’s end, antisemitism is still with us – fuelled by the same lies and loathing that made the Nazi genocide possible.
     
    And it is rising.
     
    Discrimination is rife.
     
    Hatred is being stirred-up across the globe.
     
    One of the clearest and most troubling examples is the spreading cancer of Holocaust denial.
     
    Indisputable historical facts are being distorted, diminished, and dismissed.
     
    Efforts are being made to recast and rehabilitate Nazis and their collaborators. 
     
    We must stand up to these outrages.
     
    We must promote education, combat lies, and speak the truth.
     
    And we must condemn antisemitism wherever and whenever it appears – as we must condemn all forms of racism, prejudice and religious bigotry which we see proliferating today.
     
    Because we know these evils wither our morality, corrode our compassion, and seek to blind us to suffering – opening the door to atrocities.
     
    The United Nations has long worked to combat antisemitism, through a wide range of activities, including our Holocaust Outreach programs.
     
    And we recently launched our Action Plan on antisemitism, recommending the ways the United Nations System can further enhance those efforts.  
     
    In these days of division it is all the more important – that we hold fast to our common humanity… 
     
    And renew our resolve to defend the dignity and human rights of all.
     
    Every one of us has a duty.
     
    The history of the Holocaust shows us what can happen when people choose not to see and not to act.
     
    And the Universal Declaration of Human Rights prescribes that:
     
    “…every individual and every organ of society… shall strive by teaching and education to promote respect for these rights and freedoms…”
     
    Each of us must answer that call: denounce lies; resist hate; and ensure our common humanity overcomes division.  
     
    These causes are at the very core of the United Nations.
     
    We will never forget. And we will never waver in that fight.

    MIL OSI United Nations News

  • MIL-OSI Canada: New intake open for connectivity funding applications

    The sixth intake of the Connecting Communities BC funding program will be open for applications until June 30, 2025.

    In March 2022, B.C. and Canada announced a partnership to invest as much as $830 million, contributing $415 million each, toward high-speed connectivity infrastructure projects in rural and remote areas.

    Through Connecting Communities BC, the Province aims to provide all remaining underserved households and First Nation communities with access to high-speed internet by 2027. This program also fulfils a Call to Action in the Declaration Act Action Plan.

    Eligible applicants can apply for funding to support the expansion of high-speed internet in any area of the province, with a focus on specific areas that do not have access to internet speeds of at least 50 megabits per second (Mbps) download speed and 10 Mbps per second upload speed.

    The Connecting Communities BC program completed five intakes between September 2022 and December 2024. Projects applying for the sixth intake will be evaluated as they are received. Successful project applications from previous intakes will continue to be announced when they are approved.

    Learn More:

    Areas of interest are outlined in the Connecting Communities Application Guide available here::
    https://www2.gov.bc.ca/assets/gov/british-columbians-our-governments/services-policies-for-government/initiatives-plans-strategies/internet-in-bc/connecting-communities-bc-application-docs/ccbc_application-guide.pdf

    Connecting Communities BC:
    https://www.gov.bc.ca/connectingcommunitiesbc

    Connectivity in B.C.: 
    https://www2.gov.bc.ca/gov/content/governments/connectivity-in-bc

    StrongerBC: Good Lives in Strong Communities:
    https://news.gov.bc.ca/files/Good-Lives-Strong-Communities-2023.pdf

    MIL OSI Canada News

  • MIL-OSI USA: Secretary of Defense Pete Hegseth Pentagon Arrival Remarks

    Source: United States Department of Defense

    SECRETARY OF DEFENSE PETE HEGSETH: Morning, everybody. How we doing? It’s an honor to be here. It’s an honor to serve on behalf of the president and serve on behalf of the country. It’s an amazing job, beyond what anyone can fathom.

    But in talking to the chairman and so many other folks here, we’re in capable hands. The warfighters are ready to go. If you see what the president said last week in his executive orders, he’s hitting the ground running. He’s made it very clear there’s an emergency at the — at the southern border, that the sovereign — the protection of the sovereign territory of the United States is the job of the Defense Department, and the cartels are foreign terrorist organizations.

    As a result, this Pentagon snapped to last week. We helped move forward troops, put in more barriers, and also to ensure mass deportations — support of mass deportations in support of the president’s objective. That is something the Defense Department absolutely will continue to do.

    And today, there are more executive orders coming that we fully support, on removing DEI inside the Pentagon, reinstating troops who were pushed out because of COVID mandates, the Iron Dome for America. This is happening quickly. And as the secretary of defense, it’s an honor to salute smartly, as I did as a junior officer and now as the secretary of defense, to ensure these orders are complied with rapidly and quickly.

    Every moment that I’m here, I’m thinking about the guys and gals in Guam, in Germany, in Fort Benning and Fort Bragg, on missile defense sites and aircraft carriers. Our job is lethality and readiness and warfighting.

    We’re going to hold people accountable. I know the chairman agrees with that. The lawful orders of the president of the United States will be executed inside this Defense Department swiftly and without excuse. We will be no better friend to our allies and no stronger adversary to those who want to test us and try us.

    So, Mr. Chairman, thanks for welcoming me today.

    GENERAL CHARLES Q BROWN: My pleasure.

    SECRETARY HEGSETH: I look forward to serving the troops, the warriors of this department. It’s the honor of a lifetime, and we’re going to get to work. God bless you all.

    Q: [Off mic] wristband? Who’s that?

    SECRETARY HEGSETH: This right here is Jorge Oliveira. He was killed in Afghanistan on — he was — asked about what I wear on my wrist every single day. It was a troop I served with, a soldier I served with in Guantanamo Bay when I was a platoon leader. He was killed in Afghanistan, not in my unit but when I was there. It’s these guys that we do this for, those that have given the ultimate sacrifice.

    Q: Secretary, should we expect additional troops to be sent to the border soon?

    SECRETARY HEGSETH: Whatever is needed at the border will be provided, whether that is through state active duty, Title 32 or Title 10, because we are — we are reorienting. This is a shift. This is not the way business has been done in the past.

    This is — the Defense Department will support the defense of the territorial integrity of the United States of America at the southern border to include reservists, National Guard, and active duty in compliance with the Constitution, with the laws of our land, and the directives of the commander in chief.

    Q: [Off mic] looking at the possibility of invoking the Insurrection Act, yes?

    SECRETARY HEGSETH: Those will be decisions made by the White House. I look forward to conversations about anything we need to do to ensure we’re securing our southern border.

    Q: Mr. Secretary, how are you going to change military training?

    SECRETARY HEGSETH: I’m sorry?

    Q: Are you going to change military training?

    SECRETARY HEGSETH: Military training will be focused on the readiness of what our troops in the field need to deter our enemies. More rapid fielding, more rapid opportunity to train as we fight will be something we want our units to do across the spectrum.

    One more.

    Q: [Off mic] exceptions —

    Q: [Off mic] Joint Chiefs of Staff and other members of the Joint Chiefs of Staff?

    SECRETARY HEGSETH: I’m standing with them right now. Look forward to working with them. Thank you.

    Q: [Off mic] an exception to the executive order for some transgender troops that?

    SECRETARY HEGSETH: There’ll be an executive order on that right now, today.

    Q: [Off mic] for Afghans who served?

    SECRETARY HEGSETH: Hey, we’re gonna — we’re gonna make sure there’s accountability for what happened in Afghanistan and that we stand by our allies. Thank you.

    MIL OSI USA News

  • MIL-OSI USA: Acting Chairman Pham to Launch Public Roundtables on Innovation and Market Structure

    Source: US Commodity Futures Trading Commission

    WASHINGTON, D.C. — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham is launching a series of public roundtables on evolving trends and innovation in market structure, including issues such as affiliated entities and conflicts of interest, prediction markets, and digital assets. Pham renewed calls for open public engagement and increased transparency by the CFTC on its policy approach to changes in derivatives markets last year. 
    “As I have long said, the CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants,” Pham said. “Innovation and new technology has created a renaissance in markets that presents new opportunities that are accessible to more people, as well as risks. The CFTC will get back to basics by hosting staff roundtables that will develop a robust administrative record with studies, data, expert reports, and public input. A holistic approach to evolving market trends will help to establish clear rules of the road and safeguards that will promote U.S. economic growth and American competitiveness.”
    Over the next several months, the CFTC will engage with industry leaders, market participants, other market structure experts, and public interest groups through open and transparent public roundtables to provide the CFTC with the best information and latest data. Details about the series will be provided as they become available.

    MIL OSI USA News

  • MIL-OSI USA: OEM Assists with the Rescue of a 26-year-old Missing Hiker on Mt. Hood

    Source: US State of Oregon

    he Oregon Department of Emergency Management (OEM) played a role in the successful search and rescue mission for Brendan Davis who was found alive and well Friday at about 3:30 p.m. by Clackamas County Search and Rescue.

    OEM’s Statewide Search and Rescue Coordinator, Scott Lucas, coordinated air support and ensured the seamless collaboration between the Hood River County Sheriff’s Office, the Army National Guard, and various search and rescue teams. OEM’s swift response and coordination were essential in locating the missing climber.

    The 26-year-old hiker was reported missing at around 4:00 p.m. on Thursday, January 16, 2025, after becoming separated from his friend in foggy weather conditions while descending Mt. Hood after summiting.

    Immediately following the report, the Clackamas County Sheriff’s Office Search and Rescue teams were activated to assist with the search. Portland Mountain Rescue teams worked late into the night on Thursday, following leads based on cell phone signals.

    As the search effort expanded, Clackamas Search and Rescue (CSAR) volunteers, Mountain Wave SAR, PNW Search & Rescue, and Hood River Crag Rats joined the mission on Friday morning.

    OEM’s coordination ensured the effective use of air support and resources, helping to bring the search to a successful conclusion when the missing hiker was located at the 3300-foot level by Hidden Lake / Zig Zag Canyon.

    “A team effort is always required to have a successful ending with a search and rescue mission on Mt. Hood,” Lucas said. “OEM’s leadership and coordination helped bring all the partners together to ensure a safe outcome.”

    More information can be found at the Sheriff’s Office searching for missing climber on Mount Hood | Clackamas County or by contacting the Clackamas County Sheriff’s Office public information officer sheriffpio@clackamas.us.

    Photo caption: image were taken from an aerial view during the morning search.

    MIL OSI USA News

  • MIL-OSI Europe: International Day of Commemoration in memory of the victims of the Holocaust (27 Jan. 2025)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    On this international day dedicated to the remembrance of genocides and the prevention of crimes against humanity, France commemorates the liberation of Auschwitz-Birkenau 80 years ago and remembers the victims of the Holocaust. President Macron, accompanied by Minister Delegate for Europe Benjamin Haddad, will take part in the ceremonies.

    On January 27, 1945, the world discovered the horror of the genocide carried out by the Nazis and their allies. To make sure the world never forgets the atrocities and their victims, the UN proclaimed this date to be the International Day of Commemoration in memory of the victims of the Holocaust. The Nazi regime and its collaborators systematically exterminated the Jewish people and a number of other groups because of their ethnic origins, beliefs, physical features or sexual orientation.

    France defends universal, inalienable, indivisible human rights by combating all forms of discrimination, racism and xenophobia, and all types of hate speech. Holocaust denial and anti-Semitism must be strongly opposed and firmly punished because they undermine the unity of our society as well as the rights, freedoms and dignity of all. Along with promoting our national zero-tolerance policy toward anti-Semitism, our diplomatic corps works each day to defend human rights and fight all forms of anti-Semitism, racism and discrimination.

    Within the European Union, our country remains a leader in this regard, actively supporting the European strategy on combating anti-Semitism and fostering Jewish life.

    To tackle current challenges, we are playing an active role in promoting the European model of digital regulation in order to suppress online hate speech.

    Our diplomatic corps continues to speak out against anti-Semitism in all the regional and international organizations that France belongs to.

    France also works to foster remembrance and the transmission of knowledge, a critical task now that fewer and fewer survivors and witnesses of the Holocaust are still alive, and with disinformation and revisionist history fueling noxious political discourse.

    The Minister for Europe and Foreign Affairs recently announced France’s candidacy for the 2027 presidency of the International Holocaust Remembrance Alliance (IHRA), an international organization that does important work in the areas of Holocaust research, education and remembrance.

    Remembering the victims of the Holocaust is our shared duty. We must remember that intolerance, hate speech and discrimination create a breeding ground for humanity’s darkest acts.

    With the world facing divisions and fractures, and the massive spread of hate speech, the Ministry for Europe and Foreign Affairs will continue to lead the fight against all forms of xenophobia and anti-Semitism.

    MIL OSI Europe News

  • MIL-OSI USA: Wyden Blasts Trump’s Midnight Massacre of Independent Government Watchdogs

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)
    January 27, 2025
    Washington, D.C. – Sen. Ron Wyden, D-Ore., co-chair of the Senate Whistleblower Protection Caucus, blasted Donald Trump’s firing of 17 federal inspectors general last night. IGs are independent watchdogs that investigate waste and fraud within government agencies, and have been a nonpartisan check on abuse of federal taxpayer resources.
    “Donald Trump is systematically dismantling the protections against abuse, corruption and fraud within the federal government,” Wyden said. “Courts should immediately strike down this blatantly illegal action. Firing IGs without notifying Congress 30 days in advance is clearly illegal. The only reason for Trump to carry out the midnight massacre of more than a dozen inspectors general without notice is to make it easier for him to break the law and help him and his wealthy cronies profit from the government without anyone looking over his shoulder.”

    MIL OSI USA News