Category: KB

  • MIL-OSI Security: Appeal following rape in Harrow

    Source: United Kingdom London Metropolitan Police

    Detectives are appealing for witnesses and information after a woman was attacked in Harrow.

    Police were called at 23:45hrs on Saturday, 2 November, to reports that a woman had been raped on Church Hill in Harrow-on-the-Hill.

    Officers attended and are continuing to provide the woman with specialist support.

    A male was arrested on 4 November in connection with the investigation. He remains in custody and enquiries are ongoing.

    Detectives would like to speak with anyone who was in the area at the time of the incident. Did you see or hear anything suspicious? Did you see a man running away?

    Detective Sergeant Phil Inman said: “We know this will cause of lot of concern and anxiety in the area, especially as the attack took place in close proximity to the High Street.

    “I am also asking that you review any CCTV, doorbell or dash cam footage that may assist our investigation – in particular between around 22:00hrs and midnight in the roads surrounding St Mary’s Church, Churchfields Open Space and Grove Open Space.

    “If you have any concerns please speak with a local officer.”

    Anyone with information is asked to call police via 101 quoting CAD 8605/02Nov. To remain anonymous contact Crimestoppers on 0800 555 111.

    MIL Security OSI

  • MIL-OSI: Stronghold Digital Mining Sets Third Quarter 2024 Earnings Conference Call for Wednesday, November 13 at 8:30 a.m. Eastern Time

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Wednesday, November 13 at 8:30 a.m. Eastern Time to discuss its operations and financial results from the third quarter 2024. A press release detailing these results will be issued before the market opens on the same day.

    Stronghold management will provide prepared remarks, followed by a question-and-answer period.

    A live webcast of the call will be available on the Investor Relations page of the Company’s website at ir.strongholddigitalmining.com. To access the call by phone, please use the following link Stronghold Digital Mining Third Quarter 2024 Earnings Call. After registering, an email will be sent, including dial-in details and a unique conference call access code required to join the live call. To ensure you are connected prior to the beginning of the call, please register a minimum of 15 minutes before the start of the call.

    A replay will be available on the Company’s Investor Relations website shortly after the event at ir.strongholddigitalmining.com.

    About Stronghold Digital Mining, Inc.
    Stronghold is a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations. Stronghold houses its miners at its wholly owned and operated Scrubgrass Plant and Panther Creek Plant, both of which are low-cost, environmentally beneficial coal refuse power generation facilities in Pennsylvania.

    Investor Contact:

    Matt Glover or Alec Wilson
    Gateway Group, Inc.
    SDIG@gateway-grp.com
    1-949-574-3860

    Media Contact:

    contact@strongholddigitalmining.com

    The MIL Network

  • MIL-OSI: TeraWulf Announces October 2024 Production and Operations Update

    Source: GlobeNewswire (MIL-OSI)

    Accelerating delivery of 72.5 MW high-performance computing (HPC) hosting capacity by end of Q2 2025

    8.1 EH/s of operational self-mining capacity, up 62% year-over-year

    EASTON, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today provided its unaudited monthly production and operations update for October 2024.

    October 2024 Production and Operations Highlights

    • Self-Mined Bitcoin: TeraWulf mined 150 bitcoin, with an average daily production rate of approximately 4.8 bitcoin.
    • Operating Capacity: The Company maintained 8.1 EH/s of operational self-mining capacity, reflecting a 62.0% increase year-over-year.
    • Power Cost: Achieved an average power cost of $36,789 per bitcoin mined, equivalent to approximately $0.048/kWh, excluding proceeds from demand response and ancillary services.
    • Miner Refresh Program: The miner refresh at Lake Mariner progressed with the replacement of older S19 Pro/J-Pro and M30s+ models with approximately 12,200 S19 XP miners received in connection with sale of the Company’s interest in the Nautilus Cryptomine facility.
    Key Metrics1 October 2024 September 2024
    Bitcoin Self-Mined Lake Mariner   150   140
    Bitcoin Self-Mined Nautilus2     36
    Value per Bitcoin Self-Mined3 $ 65,427 $ 60,168
    Power Cost per Bitcoin Self-Mined $ 36,789 $ 35,109
    Avg. Operating Hash Rate (EH/s)4   6.8   8.2
    Nameplate Miner Efficiency (J/TH)5   22.0   24.6

    Management Commentary

    “October marked another productive month, with TeraWulf mining 150 bitcoin and sustaining an average daily production of around 5 bitcoin,” said Sean Farrell, Senior Vice President of Operations at TeraWulf. “In line with our previously outlined plans, we are accelerating the transition to more efficient mining hardware by replacing older miners at Lake Mariner with S19 XP models. We are also working closely with Bitmain’s warranty department on a recovery plan to repair and replace 1.5 EH of mining equipment with a target completion by the end of the year. Furthermore, we have established a dedicated Business Development and Performance Optimization team, focused on integrating advanced IT and software solutions to improve our operational hash rate and overall efficiency. Building 5, which has been designed to handle higher heat exhaust of the latest generation miners, remains on track to be operational in Q1 2025.”

    Farrell added, “The proceeds from our recent sale of equity interest in Nautilus and successful convertible notes financing have positioned us to fast-track the expansion of our HPC and AI initiatives at Lake Mariner. We are targeting the delivery of 72.5 MW of HPC hosting capacity by the end of Q2 2025, which will allow us to meet the growing demand for high-performance computing solutions.”

    Production and Operations Update

    As of October 31, 2024, TeraWulf’s operational bitcoin mining capacity included 195 MW at the Lake Mariner facility. With the reinstallation of XP miners from Nautilus underway, the Company expects its total self-mining hash rate to increase to approximately 8.7 EH/s.

    In October, the Company’s miners operated at an average hash rate of 6.8 EH/s, with adjustments made for demand response events and performance optimization strategies to maximize profitability.

    On the WULF Compute front, TeraWulf continues its rapid progress in large-scale HPC hosting infrastructure at Lake Mariner. Notable progress includes the recent completion of a 2.5 MW HPC/AI proof-of-concept project designed to accommodate current and next-gen GPU technology. Additionally, construction of CB-1, a 20 MW HPC hosting facility with Tier 3-grade redundancy features, is on schedule for completion in Q1 2025. Preparations for CB-2, a 50 MW HPC hosting facility, are also progressing as key components have already been secured, ensuring timely delivery by the end of Q2 2025.

    About TeraWulf

    TeraWulf develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, specifically designed for Bitcoin mining and high-performance computing. Led by a team of seasoned energy entrepreneurs, the Company owns and operates the Lake Mariner facility situated on the expansive site of a now retired coal plant in Western New York. Currently, TeraWulf generates revenue primarily through Bitcoin mining, leveraging predominantly zero-carbon energy sources, including nuclear and hydroelectric power. Committed to environmental, social, and governance (ESG) principles that align with its business objectives, TeraWulf aims to deliver industry-leading economics in mining and data center operations at an industrial scale.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining, and/or regulation regarding safety, health, environmental and other matters, which could require significant expenditures; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) adverse geopolitical or economic conditions, including a high inflationary environment; (8) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (9) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (10) employment workforce factors, including the loss of key employees; (11) litigation relating to TeraWulf and/or its business; and (12) other risks and uncertainties detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company’s filings with the SEC, which are available at www.sec.gov.

    Investors:
    Investors@terawulf.com

    Media:
    media@terawulf.com


    1 The Company’s share of the earnings or losses from operations at the Nautilus Cryptomine facility is reflected within “Equity in net income (loss) of investee, net of tax” in the consolidated statements of operations. Accordingly, operating results of the Nautilus Cryptomine facility are not reflected in revenue, cost of revenue or cost of operations lines in TeraWulf’s consolidated statements of operations. The Company uses these metrics as indicators of operational progress and effectiveness and believes they are useful to investors for the same purposes and to provide comparisons to peer companies. All figures except Bitcoin Self-Mined are estimates and remain subject to standard month-end adjustments.
    2 The Company sold its 25% equity interest in the Nautilus Cryptomine facility effective October 2, 2024.
    3 Computed as the weighted-average opening price of bitcoin on each respective day the Bitcoin Self-Mined is earned.
    4 While nameplate mining inventory as of October 31, 2024 for Lake Mariner is estimated at 8.1 EH/s, actual monthly hash rate performance depends on a variety of factors, including (but not limited to) performance tuning to increase efficiency and maximize margin, scheduled outages (scopes to improve reliability or performance), unscheduled outages, curtailment due to participation in various cash generating demand response programs, derate of ASICS due to adverse weather and ASIC maintenance and repair. Performance in October is especially impacted by miner fleet upgrade work.
    5 Nameplate miner efficiency excludes auxiliary load.

    The MIL Network

  • MIL-OSI: Phunware to Report Third Quarter 2024 Financial Results on Thursday, November 7, 2024

    Source: GlobeNewswire (MIL-OSI)

    Management to Host Business Update Conference Call on Thursday, November 7, 2024 at 4:30 p.m. ET

    AUSTIN, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) — Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announces it will report third quarter 2024 financial results after the U.S. financial markets close on Thursday, November 7, 2024 and will host a live conference call at 4:30 p.m. ET to discuss the results, recent leadership changes, ongoing initiatives and upcoming milestones. Following management’s formal remarks, there will be a question-and-answer session.

    To listen to the conference call, interested parties within the U.S. should dial 1-888-506-0062 (domestic) or 973-528-0011 (international). All callers should dial in approximately 10 minutes prior to the scheduled start time and use Participant Access Code 704558 to be joined into the Phunware conference call.

    The conference call will also be available through a live webcast that can be accessed at Phunware 3Q24 Earnings Webcast. A webcast earnings call replay will be available approximately one hour after the live call until November 7, 2025 with this same weblink.

    A telephonic replay of the call will be available until November 21, 2024 by dialing 1-877-481-4010 (or 919-882-2331 for international callers) and using replay access code 51482.

    About Phunware

    Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions with integrated intelligent capabilities. We provide businesses with the tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable, personalized, and data-driven mobile app experiences.

    Phunware’s mission is to achieve unparalleled connectivity and monetization through widespread adoption of Phunware mobile technologies, leveraging brands, consumers, partners, digital asset holders, and market participants. Phunware is poised to expand its software products and services audience through its new platform, utilize and monetize its patents and other intellectual property, and reintroduce its digital asset ecosystem for existing holders and new market participants.

    For more information on Phunware, please visit www.phunware.com. To better understand and leverage generative AI and Phunware’s mobile app technologies, visit https://ai.phunware.com/advocacy.

    Safe Harbor / Forward-Looking Statements

    This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” and similar expressions are intended to identify forward-looking statements. For example, Phunware is using forward-looking statements when it discusses the adoption and impact of emerging technologies and their use across mobile engagement platforms.

    The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. These forward-looking statements involve risks, uncertainties, and other assumptions that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC. We undertake no obligation to update any forward-looking statements.

    By their nature, forward-looking statements involve risks and uncertainties. We caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from those expressed or implied by these forward-looking statements.

    Investor Relations Contact:

    Chris Tyson, Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    PHUN@mzgroup.us
    www.mzgroup.us

    Phunware Media Contact:

    Joe McGurk, Managing Director
    917-259-6895
    PHUN@mzgroup.us

    The MIL Network

  • MIL-OSI: Bleichroeder Acquisition Corp. I Completes $250,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, Nov. 04, 2024 (GLOBE NEWSWIRE) — Bleichroeder Acquisition Corp. I (the “Company”) announced today the closing of its initial public offering of 25,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $250,000,000.

    The Company’s units began trading on November 1, 2024 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “BACQU.” Each unit consists of one Class A ordinary share of the Company and one right to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of the Company’s initial business combination. Once the securities constituting the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “BACQ” and “BACQR,” respectively.

    Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of units, $250,000,000 (or $10.00 per unit sold in the offering) was placed in a trust account of the Company.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry. The Company’s primary focus, however, will be on businesses in the technology, media and telecommunications (“TMT”) sector as well as sectors that are being transformed via technology adoption. The Company’s management team is led by its Co-Founders, Michel Combes and Andrew Gundlach, and Robert Folino, its Chief Financial Officer. The Board also includes Nazim Cetin, Joseph Samuels, Kathy Savitt, Antoine Theysset, and Pierre Weinstein.

    Cohen & Company Capital Markets acted as lead book-running manager for the offering. Seaport Global Securities acted as co-book runner.

    The offering was made by means of a prospectus. Copies of the prospectus may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.

    A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 31, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds thereof. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact:

    Bleichroeder Acquisition Corp. I
    1345 Avenue of the Americas, 47th Floor
    New York, NY 10105
    Attn: Robert Folino
    (o) 212.984.3835
    robert.folino@bspac1.com

    The MIL Network

  • MIL-OSI: Christopher Campise Named Chief Information Officer of Five Star Bank

    Source: GlobeNewswire (MIL-OSI)

    WARSAW, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank (“Five Star” or the “Bank”) and Courier Capital, LLC, announced that Christopher Campise has joined as Senior Vice President, Chief Information Officer of the Bank.

    In this role, Mr. Campise will lead the development and implementation of the Bank’s technology strategies, systems, and processes, while further enhancing the information technology infrastructure to support the organization’s long-term objectives. Mr. Campise will report to W. Jack Plants II, Executive Vice President, Chief Financial Officer and Treasurer.

    “Chris brings tremendous experience to Five Star Bank in terms of his proven ability to lead and execute IT strategy that advances business goals and objectives,” said Mr. Plants. “His varied experience, including in other highly regulated industries, will serve him well here and we are pleased to be benefitting from his fresh perspective and results-driven approach.”

    Mr. Campise joins Five Star from Delaware North Companies, where he served as Senior Director of Enterprise Architecture since 2021. Prior to that, Chris helped lead enterprise architecture during his seven year tenure at Highmark Blue Cross Blue Shield and spent nine years with the University at Buffalo. Earlier in his career, he worked at several Wester New York technology and software companies.

    Mr. Campise, who is based at Five Star Bank Centre in Amherst, N.Y., previously served as a board member of Habitat for Humanity Buffalo and the Gartner Advisory Board. He is also a past volunteer with Mission: Ignite and InfoTech WNY. Mr. Campise earned his B.S. in Computer Science from Canisius College.

    About Financial Institutions, Inc. and Five Star Bank
    Financial Institutions, Inc. (NASDAQ: FISI) is a financial holding company with approximately $6.2 billion in assets offering banking and wealth management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities and businesses through banking locations spanning Western and Central New York and a commercial loan production office serving the Mid-Atlantic region. Courier Capital, LLC offers customized investment management, financial planning and consulting services to individuals and families, businesses, institutions, non-profits and retirement plans. Learn more at Five-StarBank.com and FISI-Investors.com.

    For additional information contact:
    Kate Croft
    Director, Investor and External Relations
    716-817-5159
    klcroft@five-starbank.com

    The MIL Network

  • MIL-OSI: First Pacific Bancorp Reports Third Quarter 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    WHITTIER, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) — First Pacific Bancorp (the “Company”) (OTC Pink: FPBC), the holding company for First Pacific Bank (the “Bank”), today reported consolidated results for the third quarter ending September 30, 2024, underscored by the sixth consecutive quarter of profitability.

    Highlights for the third quarter of 2024 include:

    • Total assets ended Q3 2024 at $434 million, up $14 million from $420 million at year end 2023.
    • Total deposits ended the third quarter of 2024 at $342 million, up $9 million since year end 2023.
    • Total loans ended the third quarter of 2024 at $268 million, down $7 million from year end 2023.
    • Asset quality remains excellent with minimal levels of classified or non-performing assets.
    • The Bank ended the third quarter with a strong capital position, with a leverage capital ratio of 8.8% and a total risk-based capital ratio of 12.8%.
    • As of September 30, 2024, cash and cash equivalents totaled $49 million, including funds invested overnight, up $27 million since year end 2023.
    • Unused borrowing capacity from credit facilities in place on September 30, 2024, totaled $143 million.

    For the third quarter ending September 30, 2024, the Company realized a pre-tax, pre-provision profit of $345 thousand, compared to a pre-tax, pre-provision profit of $272 thousand in Q2 2024. Net income for the third quarter of 2024 was $249 thousand, up from $198 thousand in Q2 2024. For the nine months ending September 30, 2024, the Company reported $608 thousand in net income, up from a net loss of $219 thousand reported for the nine months ending September 30, 2023.     

    Asset quality remains excellent with minimal non-performing assets and the allowance for credit losses is 1.16% of total loans.  

    “We are encouraged by our results, as evidenced by six consecutive quarters of profitability,” said Joe Matranga, Chairman of the Board of Directors. “We continue to maintain a solid capital, liquidity, and financial standing and are well-positioned to execute our strategy and deliver sustainable, long-term value for our stakeholders.”

    “Our third-quarter results reflect a strong and consistent period of profitability, driven by increased core deposit growth, stable credit quality, and a disciplined approach to expense management,” said Nathan Rogge, President and Chief Executive Officer. “We are pleased with our performance and continue to look for opportunities to expand our customer base through strategic investments in technology and innovation that aim to enhance the customer experience.”

    ABOUT FIRST PACIFIC BANK

    First Pacific Bank is a wholly owned subsidiary of First Pacific Bancorp (OTC Pink: FPBC) and is a growing community bank catering to individuals, professionals, and small-to-medium sized businesses throughout Southern California. Since opening in 2006, the Bank has offered a personalized approach, access to decision makers, a broad range of solutions, and a commitment to delivering an exceptional customer experience. First Pacific Bank operates locations in Los Angeles County, Orange County, San Diego County, and the Inland Empire. For more information, visit firstpacbank.com or call 888.BNK.AT.FPB.

    FORWARD-LOOKING STATEMENTS

    This news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, and First Pacific Bancorp intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely. Forward-looking statements relate to, among other things, our business plan, and strategies, and can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” and similar expressions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. Factors that might cause such differences include, but are not limited to: successfully realizing the benefits of our business strategy and plans,; changes in general economic and financial market conditions, either nationally or locally, in areas in which First Pacific Bank conducts its operations; effects of inflation and changes in interest rates; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; impact of any natural disasters, including earthquakes; effect of governmental supervision and regulation, including any regulatory or other enforcement actions; legislation or regulatory changes which adversely affect First Pacific Bank’s operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies. The Company does not undertake, and specifically disclaims any obligation to update any forward-looking statements to reflect occurrences or unanticipated events, or circumstances after the date of such statements except as required by law.  

    Contacts

    — Summary Financial Tables Follow —

    First Pacific Bancorp          
    Consolidated Balance Sheets          
    (Unaudited)          
      Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
    ASSETS          
    Cash and due from banks $ 23,584,084   $ 4,671,483   $ 7,317,500   $ 4,308,149   $ 4,240,871  
    Fed funds sold & int-bearing balances   25,520,000     37,860,000     37,575,000     18,060,000     20,410,000  
    Total cash and cash equivalents   49,104,084     42,531,483     44,892,500     22,368,149     24,650,871  
               
    Debt securities (AFS)   3,041,852     3,077,666     5,138,340     5,257,049     5,266,653  
    Debt securities (HTM)   101,260,391     102,202,926     103,474,749     104,343,133     105,447,814  
    Total debt securities   104,302,243     105,280,592     108,613,089     109,600,182     110,714,467  
               
    Construction & land development   23,067,204     24,651,513     25,480,398     27,070,749     24,721,763  
    1-4 Family residential   58,082,570     68,588,393     68,521,663     66,567,165     64,925,441  
    Multifamily residential   28,966,811     26,800,829     26,947,419     27,128,177     28,484,194  
    Nonfarm, nonresidential real estate   99,715,860     94,643,169     97,893,840     99,627,812     99,859,450  
    Commercial & industrial   57,342,017     53,504,969     54,785,564     53,938,659     55,374,111  
    Consumer & Other   780,639     1,831,036     1,123,918     865,849     569,736  
    Total loans   267,955,101     270,019,909     274,752,802     275,198,411     273,934,695  
    Allowance for loan losses   (3,109,975 )   (3,109,975 )   (3,109,975 )   (3,109,975 )   (2,974,427 )
    Total loans, net   264,845,126     266,909,934     271,642,827     272,088,436     270,960,268  
               
    Premises, equipment, and ROU net   1,452,886     1,714,833     1,992,588     2,268,671     1,850,187  
    Goodwill, core deposit & other intangibles   1,287,129     1,298,084     1,313,367     1,328,651     1,343,934  
    Bank owned life insurance   5,257,550     5,227,763     5,198,654     5,170,521     5,142,322  
    Accrued interest and other assets   7,505,380     7,476,554     7,415,609     7,392,301     7,616,948  
               
    Total Assets $ 433,754,398   $ 430,439,243   $ 441,068,634   $ 420,216,911   $ 422,278,997  
               
    LIABILITIES AND SHAREHOLDERS’ EQUITY          
    Deposits:          
    Noninterest-bearing demand $ 129,473,091   $ 144,240,187   $ 133,945,262   $ 121,348,095   $ 130,982,957  
    Interest-bearing transaction accounts   24,660,000     24,797,108     28,166,207     34,716,150     47,304,776  
    Money market and savings   143,270,628     143,497,864     148,732,230     139,011,862     131,505,430  
    Time deposits   44,388,137     41,060,590     38,662,227     38,235,413     22,504,646  
    Total deposits   341,791,856     353,595,749     349,505,926     333,311,520     332,297,809  
               
    Borrowings   50,000,000     35,000,000     50,000,000     45,000,000     50,000,000  
    Accrued interest and other liabilities   3,430,132     3,781,444     3,936,909     4,530,208     2,934,831  
    Total liabilities   395,221,988     392,377,193     403,442,835     382,841,728     385,232,640  
               
    Shareholders’ Equity:          
    Capital stock and APIC   37,117,627     36,970,386     36,788,606     36,699,786     36,508,987  
    Retained earnings   2,151,305     1,902,788     1,705,174     1,543,264     1,487,800  
    Accum other comprehensive income   (736,522 )   (811,124 )   (867,981 )   (867,867 )   (950,430 )
    Total shareholders’ equity   38,532,410     38,062,050     37,625,799     37,375,183     37,046,357  
               
    Total Liabilities and Shareholders’ Equity $ 433,754,398   $ 430,439,243   $ 441,068,634   $ 420,216,911   $ 422,278,997  
               
    First Pacific Bancorp          
    Consolidated Income Statements – Quarterly          
    (Unaudited)          
               
      Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
    INTEREST INCOME          
    Loans, including fees $4,817,174 $4,655,844 $4,700,535 $4,653,303   $4,458,616  
    Debt securities 499,268 514,613 543,857 544,330   585,047  
    Fed funds & int-bearing balances 450,166 573,022 410,685 258,178   271,266  
    Total interest income 5,766,608 5,743,479 5,655,077 5,455,811   5,314,929  
               
    INTEREST EXPENSE          
    Deposits 1,790,578 1,687,121 1,746,032 1,542,541   1,408,092  
    Borrowings 444,250 524,599 507,390 705,324   567,115  
    Total interest expense 2,234,828 2,211,720 2,253,422 2,247,865   1,975,207  
               
    Net interest income 3,531,780 3,531,759 3,401,655 3,207,946   3,339,722  
               
    Provision for credit losses 101,538   191,428  
               
    Net interest income after provision 3,531,780 3,531,759 3,401,655 3,106,408   3,148,294  
               
    NONINTEREST INCOME          
    Service charges, fees and other income 106,628 96,460 108,365 108,769   122,367  
    Sublease income 53,975 52,970 53,872 53,872   53,384  
    Gains (losses) on sale of assets 15,335 (12,982 ) 101,844  
    Gains on early payoff of debt 144,325   123,077  
    Total noninterest income 175,938 293,755 162,237 149,659   400,672  
               
    NONINTEREST EXPENSE          
    Salaries and benefits 2,154,290 2,182,674 2,178,486 1,954,029   2,311,113  
    Occupancy and equipment 374,069 363,695 368,816 384,088   377,795  
    Other expense 834,281 1,007,247 794,158 894,440   823,677  
    Total noninterest expense 3,362,640 3,553,616 3,341,460 3,232,557   3,512,585  
               
    Income before income tax expense 345,078 271,898 222,432 23,510   36,381  
               
    Income tax expense (benefit) 96,563 74,281 60,524 (31,955 ) (15,550 )
               
    Net Income (Loss) $248,515 $197,617 $161,908 $55,465   $51,931  
               
    Earnings per share basic (QTR) $0.06 $0.05 $0.04 $0.01   $0.01  
    Weighted average shares outstanding (QTR) 4,288,851 4,283,351 4,281,653 4,231,841   4,174,529  
               
    First Pacific Bancorp    
    Consolidated Income Statements – Year-to-Date    
    (Unaudited)    
         
      Sep 30, 2024 Sep 30, 2023
    INTEREST INCOME    
    Loans, including fees $14,173,553 $12,051,909  
    Investment securities 1,557,738 1,735,019  
    Fed funds & int-bearing balances 1,433,873 742,649  
    Total interest income 17,165,164 14,529,577  
         
    INTEREST EXPENSE    
    Deposits 5,223,731 3,201,945  
    Borrowings 1,476,239 1,735,403  
    Total interest expense 6,699,970 4,937,348  
         
    Net interest income 10,465,194 9,592,229  
         
    Provision for credit losses 804,428  
         
    Net interest income after provision 10,465,194 8,787,801  
         
    NONINTEREST INCOME    
    Service charges, fees and other income 311,453 347,054  
    Sublease income 160,817 158,202  
    Gains (losses) on sale of assets 15,335 142,075  
    Gains on early payoff of debt 144,325 123,077  
    Total noninterest income 631,930 770,408  
         
    NON INTEREST EXPENSE    
    Salaries and benefits 6,515,450 6,604,574  
    Occupancy and equipment 1,106,580 1,086,189  
    Other expense 2,635,686 2,230,137  
    Total noninterest expense 10,257,716 9,920,900  
         
    Income before income tax expense 839,408 (362,691 )
         
    Income tax expense (benefit) 231,368 (143,307 )
         
    Net Income (loss) $608,040 ($219,384 )
         
    Earnings (loss) per share basic (YTD) $0.14 ($0.06 )
    Weighted average shares outstanding (YTD) 4,284,634 3,912,161  
    First Pacific Bancorp            
    Quarterly Financial Highlights            
    (Unaudited)            
        Quarterly
        2024 2024 2024 2023 2023
    ($$ in thousands except per share data)   3rd Qtr 2nd Qtr 1st Qtr 4th Qtr 3rd Qtr
    EARNINGS            
    Net interest income $ 3,532   3,532   3,402   3,208   3,340  
    Provision for loan losses $ 0   0   0   102   191  
    Noninterest income $ 176   294   162   150   401  
    Noninterest expense $ 3,363   3,554   3,341   3,233   3,513  
    Income tax expense $ 97   74   61   (32 ) (16 )
    Net income $ 249   198   162   55   52  
                 
    Basic earnings per share $ 0.06   0.05   0.04   0.01   0.01  
    Weighted average shares outstanding   4,288,851   4,283,351   4,281,653   4,231,841   4,174,529  
    Ending shares outstanding   4,291,927   4,283,351   4,283,351   4,231,841   4,231,841  
                 
    PERFORMANCE RATIOS            
    Return on average assets   0.23 % 0.18 % 0.15 % 0.05 % 0.05 %
    Return on average common equity   2.58 % 2.10 % 1.73 % 0.59 % 0.56 %
    Yield on loans   6.98 % 6.97 % 6.84 % 6.69 % 6.60 %
    Yield on earning assets   5.58 % 5.52 % 5.49 % 5.35 % 5.26 %
    Cost of deposits   2.05 % 1.96 % 2.05 % 1.89 % 1.70 %
    Cost of funding   2.32 % 2.28 % 2.35 % 2.37 % 2.09 %
    Net interest margin   3.42 % 3.40 % 3.31 % 3.15 % 3.30 %
    Efficiency ratio   90.7 % 92.9 % 93.8 % 96.3 % 93.9 %
                 
    CAPITAL            
    Tangible equity to tangible assets   8.61 % 8.57 % 8.26 % 8.61 % 8.48 %
    Book value (BV) per common share $ 8.98   8.89   8.78   8.83   8.75  
    Tangible BV per common share $ 8.68   8.58   8.48   8.52   8.44  
                 
    ASSET QUALITY            
    Net loan charge-offs (recoveries) $ 0   0   0   0   0  
    Allowance for loan losses (ALLL) $ 3,110   3,110   3,110   3,110   2,974  
    ALLL to total loans   1.16 % 1.15 % 1.13 % 1.13 % 1.09 %
    Nonperforming loans $ 991   77   160   61   0  
                 
    END OF PERIOD BALANCES            
    Total loans $ 267,955   270,020   274,753   275,198   273,935  
    Total assets $ 433,754   430,439   441,069   420,217   422,279  
    Deposits $ 341,792   353,596   349,506   333,312   332,298  
    Loans to deposits   78.4 % 76.4 % 78.6 % 82.6 % 82.4 %
    Shareholders’ equity $ 38,532   38,062   37,626   37,375   37,046  
    Full-time equivalent employees   44   44   46   45   44  
                 
    AVERAGE BALANCES (QTRLY)            
    Total loans $ 273,960   267,766   275,578   276,016   268,186  
    Earning assets $ 410,298   416,965   412,791   404,210   400,993  
    Total assets $ 424,199   430,830   426,592   417,595   414,457  
    Deposits $ 346,142   346,032   341,226   323,300   329,121  
    Shareholders’ equity $ 38,267   37,788   37,443   37,179   36,469  

    The MIL Network

  • MIL-OSI: Petrus Resources Declares Monthly Dividend for November 2024

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable November 29, 2024, to shareholders of record on November 15, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes.

    ABOUT PETRUS
    Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

    FOR FURTHER INFORMATION PLEASE CONTACT:
    Ken Gray
    President and Chief Executive Officer
    T: 403-930-0889
    E: kgray@petrusresources.com

    The MIL Network

  • MIL-OSI: Diversified Royalty Corp. Announces November 2024 Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of November 1, 2024 to November 30, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on November 29, 2024 to shareholders of record as of the close of business on November 15, 2024.

    About Diversified Royalty Corp.

    DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

    DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada.

    DIV’s objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows.

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate,” “continue,” “estimate,” “expect,” “intend,” “may,” “will,” ”project,” “should,” “believe,” “confident,” “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the amount and timing of the November 2024 dividend to be paid to DIV’s shareholders; DIV’s objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information. DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form dated March 21, 2024 and in its most recent Management’s Discussion and Analysis, copies of each of which are available under DIV’s profile on SEDAR+ at www.sedarplus.com.

    In formulating the forward-looking information contained herein, management has assumed that, among other things, DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

    All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

    THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

    Additional Information

    Additional information relating to the Corporation and other public filings, is available on SEDAR+ at www.sedarplus.com.

    Contact:
    Sean Morrison, President and Chief Executive Officer
    Diversified Royalty Corp.
    (236) 521-8470

    Greg Gutmanis, Chief Financial Officer and VP Acquisitions
    Diversified Royalty Corp.
    (236) 521-8471

    The MIL Network

  • MIL-OSI United Nations: Secretary-General’s video message to the World Urban Forum [scroll down for Arabic version]

    Source: United Nations

    Download the video: https://s3.amazonaws.com/downloads2.unmultimedia.org/public/video/evergr…

    I am pleased to take part in the World Urban Forum.

    It is fitting that you are gathering in Cairo – an enormously vibrant megacity and a magnet for innovation and creativity for over a thousand years.

    I thank the Government of Egypt for hosting the 12th Forum.

    Dear Friends,

    You represent urban areas which are home to more than half of humanity. 
     
    You are on the frontlines of shaping a more inclusive, connected and resilient world.  
     
    And you are at the heart of where lasting change happens. 

    As your theme rightly puts it: “It all starts at home”.

    Real progress begins at the local level.

    On the ground.

    In communities and people’s lives.

    World leaders have just adopted the Pact for the Future.

    It is an important new tool to advance our vital work, accelerate the SDGs, and address inequalities.

    It calls for ensuring adequate, safe and affordable housing for all — and supporting developing countries to plan and implement just, safe, healthy, accessible, resilient and sustainable cities. 

    We need this more than ever.

    Cities generate 70 per cent of greenhouse gas emissions. And municipal waste is set to rise by two-thirds within a generation.

    Not only are cities powerful engines of social and economic development, they are also catalysts of sustainable solutions. 

    I see local and regional authorities as a crucial part of the answer on so many issues and at every level, including at the United Nations.

    We can all benefit from your insights and ideas. 

    That’s why I created the UN Advisory Group on Local and Regional Governments.

    I know over the next five days this Forum will have the chance to delve into the complexities and opportunities of sustainable urban development.

    I invite you to seek innovations and inspiration and take them back to your communities.  

    And to help develop infrastructure and public services for all, including women and girls.

    Local actions are the building blocks for future green, just and resilient cities.

    Together, let’s make sustainable urbanization a reality.

    And let’s ensure that no one and nowhere is left behind.

    Thank you.

    *****

    يسعدني أن أشارك في المنتدى الحضري العالمي.
             إنه لمِن الملائم أن تجتمعوا في القاهرة – هذه المدينة الضخمة النابضة بالحياة والمستقطبة للابتكار والإبداع على مدى أكثر من ألف عام.
             أشكر حكومة مصر على استضافتها للمنتدى الثاني عشر.
             أيها الأصدقاء الأعزاء،
             أنتم تمثلون المناطق الحضرية التي تسكنها أكثر من نصف البشرية.
             ما يعني أنكم في طليعة مَن يرسمون ملامح عالم أكثر شمولاً وترابطاً وقدرةً على التكيف.
             وأنكم موجودون في قلب المكان الذي تحدث فيه التغييرات الدائمة.
             إن الموضوع الذي اخترتموه للمنتدى يعبّر أصدق تعبير بأن ”كل الأمور تبدأ من البيت“.
             فإحراز التقدم الحقيقي يبدأ أول ما يبدأ على المستوى المحلي.
             على الأرض.
             داخل المجتمعات المحلية وفي حياة الناس.
             لقد اعتمد قادة العالم للتو ميثاق المستقبل.
             وهو أداة جديدة هامة الغرض منها هو الدفع بعملنا الحيوي والتعجيل في تحقيق أهداف التنمية المستدامة والتصدي لأوجه عدم المساواة.
             وهو يدعو إلى ضمان توفير السكن الملائم والآمن والميسور التكلفة للجميع، وإلى دعم البلدان النامية في تخطيط وتنفيذ مدن عادلة وآمنة وصحية وميسورة التكلفة ومستدامة وقادرة على التكيف.
             ونحن اليوم أحوج ما نكون إلى ذلك أكثر من أي وقت مضى.
             فالمدن تولّد 70 في المائة من انبعاثات غازات الاحتباس الحراري. ومن المتوقع أن يزيد حجم النفايات البلدية بنسبة الثلثين خلال جيل واحد.
             بيد أن المدن ليست محركات قوية للتنمية الاجتماعية والاقتصادية فحسب، بل هي أيضا محفِّزات للحلول المستدامة.
             إنني أرى في السلطات المحلية والإقليمية جزءا أساسيا من الحل في العديد من القضايا وعلى جميع المستويات، بما في ذلك في الأمم المتحدة.
             ويمكننا جميعا الاستفادة مما تبدونه من آراء متبصّرة وتطرحونه من أفكار نيِّرة.
             ولهذا السبب أنشأتُ فريق الأمم المتحدة الاستشاري المعني بالحكومات المحلية والإقليمية.
             أنا أعلم أن هذا المنتدى سيحظى خلال الأيام الخمسة المقبلة بفرصة الخوض في ما تحمله التنمية الحضرية المستدامة من تعقيدات وما تتيحه من فرص.
             لذ، أدعوكم للسعي إلى استنباط الابتكارات وتلمُّس الأفكار الملهِمة كي تحملوها معكم إلى مجتمعاتكم المحلية.
             كما أدعوكم إلى تطوير البنى التحتية والخدمات العامة للجميع، بما في ذلك للنساء والفتيات.
             إن ما تتخذونه من إجراءات محلية سيشكل اللبِنات الأساسية لبناء مدن خضراء وعادلة وقادرة على التكيف في المستقبل.
             فلنعمل معاً كي نجعل من التحضر المستدام حقيقة واقعة.
             ولنضمن ألا يتخلف أحد، في أي مكان، عن الركب.
             شكراً لكم.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Human Rights Committee Adopts Report on Views Concerning Individual Communications on Colombia, Ecuador, Finland, Greece, New Zealand, Sweden, Türkiye, Turkmenistan and Ukraine

    Source: United Nations – Geneva

    The Human Rights Committee today adopted a follow-up progress report on individual communications, presented by the Special Rapporteur for follow-up on Views, which concerned communications on Colombia, Ecuador, Finland, Greece, New Zealand, Sweden, Türkiye, Turkmenistan and Ukraine.

    José Manuel Santos Pais, Special Rapporteur for follow-up on Views, said one individual communication on Colombia concerned a case of enforced disappearance by parliamentary groups.  The State party was urged to conduct an independent, thorough and effective investigation of the disappearances of Mr. Anzola and Mr. Molina and prosecute and punish those responsible; release these people if they were still alive; if they were dead, hand-over their remains to their family; and ensure effective reparation, including adequate compensation, and medical and psychological rehabilitation for the authors for the violations suffered. The State party was also under an obligation to prevent similar violations from occurring in the future and to ensure that any forced disappearances gave rise to prompt, impartial and effective investigations.  The State party had established a search and investigative unit, but one Committee member noted that many measures had not been implemented and there seemed to be no urgency.  The Committee recommended ongoing follow-up dialogue.

    A second communication on Colombia involved the killing of a trade unionist.  The Committee recommended that the State party promptly conduct a thorough, effective, impartial, independent and transparent investigation into the circumstances surrounding the murder, to establish the truth; provide the family members who were the authors with detailed information about the results of the investigation; and provide adequate compensation to the family members, including sufficient compensation to cover the reasonable legal expenses they have incurred. The State party had reported that it would proceed with the compensation procedure and had published the Committee’s Views publicly.  However, it was reported that the State party had not conducted the criminal investigation in a way conducive to the identification of the perpetrators or to shed light on the reasons behind the murder.  The Committee therefore recommended follow-up dialogue. 

    Regarding Ecuador, the communication concerned criminal conviction and the seizure of assets. The Committee recommended making full reparation to the persons whose rights had been violated and ensuring that due process was followed in the relevant suits at law.  The State party had outlined that the Committee had not recommended restitution but called for ensuring effective remedy.  It was acknowledged that partial reparation had been granted by the courts, with an appeal still pending.  There were several conflicting interests in regards to this case.  The Committee decided to close the case with partial satisfaction of the Committee’s Views, because the Views issued did not address directly the return of assets to the author, but gave them the possibility to contest the decisions, which had occurred. 

    On Finland, the communication related to the right to vote for elections at the Sami Parliament. The Committee had requested effective remedy, including to make full reparation to individuals whose rights had been violated.  The State party was obligated to review the Act on the Sami Parliament with a view to ensuring that the criteria for eligibility to vote in Sami Parliament elections was defined and applied in a manner that respected the right of the Sami people to exercise their internal self-determination.  A detailed proposal sent to the State party had requested several measures, but the authors had not received any written responses to their proposals.  The Committee recommended ongoing follow-up dialogue. 

    The communication for Greece concerned conscientious objection to compulsory military service.  Remedies proposed by the Committee included expunging the author’s criminal record, reimbursing all sums paid as fines, providing him with adequate compensation, taking all steps necessary to prevent similar violations in the future, and reviewing the legislation with a view to ensuring the effective guarantee of the right to conscientious objection.  The Committee noted there were some positive steps taken, however, some human rights violations remained unaddressed. Contentious objectors still faced discrimination, and in some cases punishment, including fines and imprisonment.  The State was requested to continue follow-up dialogue and was encouraged to look further into the matter. 

    On New Zealand, the communication concerned compensation for wrongful arrest and detention. The Committee recommended providing the author with adequate compensation and taking all steps to prevent similar violations from occurring in the future, including by reviewing its domestic legislation, to ensure that individuals who had been unlawfully arrested or detained as a result of judicial acts could apply to receive adequate compensations.  The State party had requested a consultation process with civil society, but there was no timeline provided and no deadline for the subsequent report to be submitted to the Committee.  The absence of legislative action demonstrated a lack of willingness on behalf of the State party to fulfil its obligations.  In this regard, the Committee recommended follow-up dialogue and would request a meeting with a representative of the State party during a future session. 

    Regarding Sweden, the communication concerned deportation to Albania.  The Committee had recommended that Sweden review the authors’ claims, taking into account the State party’s obligations under the Covenant and the Committee’s present Views, and refrain from expelling the authors to Albania while their requests for asylum were under reconsideration.  The State party heeded to the Committee’s recommendations and therefore the Committee decided to close the follow-up dialogue with a note of satisfactory implementation of the Committee’s Views. 

    In the individual communication on Türkiye, which concerned conscientious objection to military service by Jehovah’s Witnesses, the Committee recommended expunging their criminal records, providing them with adequate compensation, and avoiding similar violations of the Covenant in the future.  The State party submitted that it had made amendments regarding crimes related to compulsory military services, and had also abolished the military courts, which the Committee described as a welcome development.  However, the author reported that their criminal records had not been expunged, they had not been provided with compensation, and they were still subject to military conscription.  Given this, the Committee recommended follow-up dialogue. 

    On Turkmenistan, the communication included conscientious objection to compulsory military service.  The Committee’s recommendations included expunging the author’s criminal record, providing them with adequate compensation, including by reimbursing any legal costs, and taking steps to prevent similar violations from occurring in the future, including by reviewing the legislation of the State party, for instance by providing for the possibility of alternative service of a civilian nature. The author’s counsel had stated that neither he nor the author were aware of any steps taken by the State party to implement the Committee’s Views.  One Expert noted there was no convincing evidence that the State party had contemplated compensation of any kind to the author.  The Committee decided to close the follow-up dialogue with a note of unsatisfactory implementation of the Committee’s recommendation. 

    On Ukraine, the communication concerned the impossibility of having life sentence reviewed. The Committee recommended providing the author with a meaningful review of his sentence of life imprisonment on the basis of a clear and predictable procedure, providing him with adequate compensation, and taking all steps necessary to prevent similar violations in the future.  Due to the escalating conflict in Ukraine, the author requested that his life imprisonment be replaced with a fixed term imprisonment, which did not exceed 15 years of imprisonment, however, this was rejected by the Supreme Court.  In this regard, the Committee recommended follow-up dialogue, but noted positively, that the State party had prepared legislation allowing for any convicted person to have their life sentence considered by the court. 

    In closing remarks, Mr. Santos Pais said it was his last report as Rapporteur on follow-up to Views.  The report on follow-up to Views was essential in monitoring the Committee’s Views and ensuring victims had access to effective remedies.  It also ensured accountability for States under the Optional Protocol.  He thanked all those who had contributed to the report which was very much a team effort. 

    The Human Rights Committee’s one hundred and forty-second session is being held from 14 October to 7 November 2024.  All the documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet in public at 3 p.m. on Thursday, 7 November to close its one hundred and forty-second session.

     

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CCPR24.024E

    MIL OSI United Nations News

  • MIL-OSI Canada: Minister of Veterans Affairs and Associate Minister of National Defence Itinerary for Veterans’ Week – Tuesday, 5 November 2024

    Source: Government of Canada News

    Media advisory

    Tuesday, 5 November 2024

    Ottawa, Ontario

    15:30 EST – Minister Petitpas Taylor will join Marie-France Lalonde, Parliamentary Secretary to the Minister of National Defence and MP for Orleans, Yasir Naqvi, Parliamentary Secretary to the Minister of Health and MP for Ottawa—Centre, and Mona Fortier, MP for Ottawa—Vanier to make an announcement regarding support Veterans and their families.

    Note for media: Please arrive no later than 15:15 EST. Media interested in participating must register and can obtain additional information at media@veterans.gc.ca.

    Associated Links:

    Remembrance Day & Veterans’ Week

    Contacts

    Media Relations
    Veterans Affairs Canada
    613-992-7468
    media@veterans.gc.ca

    Isabelle Arseneau
    Press Secretary
    Office of the Minister of Veterans Affairs
    isabelle.arseneau@veterans.gc.ca

    MIL OSI Canada News

  • MIL-OSI Canada: Supporting the condominium and construction sectors

    Source: Government of Canada regional news

    [embedded content]

    The Service Alberta Statutes Amendment Act, 2024, proposes changes to the Condominium Property Act, the Prompt Payment and Construction Lien Act (PPCLA), and the Public Works Act that will make life easier for Albertans.

    If passed, the bill would make amendments to the Condominium Property Act to provide the framework for establishing the long-anticipated Condominium Dispute Resolution Tribunal. The tribunal will make it easier and more affordable for condominium owners and corporations to resolve common disputes outside the court system.  

    “Our work with condominium owners, board members, managers and others in the sector has reinforced the need for changes that will meet the needs of condominium owners and residents. This legislation will improve condominium governance, provide additional measures for consumer protection and establish a mechanism for easy access to dispute resolution.”

    Dale Nally, Minister for Service Alberta and Red Tape Reduction

    The bill would also establish that chargebacks to owners for damage they have caused will be treated as contributions (condominium fees), which will better protect the overall financial health and well-being of the condominium community.

    Other amendments include the provision of a simple form of voting for simple matters, such as approving a meeting agenda. Additionally, the bill will establish the basis for technical requirements for newly built condominiums to protect consumers against structural or other defects in the construction of condominiums.

    “CCI North Alberta is pleased to support the introduction of these legislative changes. These amendments will increase consumer protection and will improve the lives of condominium owners, boards and the industry. Our organization applauds the legislative protection for volunteer condominium board members acting in good faith, similar to protections offered to other volunteers in the non-profit community. We thank the ministry for its efforts in bringing these amendments forward.”

    Hugh Willis, co-chair Government Advocacy, CCI North Alberta

    Additional amendments would result in all construction projects following the same set of prompt payment rules, which were established in legislation in 2021. Before now, Alberta’s government always prioritized prompt payment for government contracts, but the rules in the PPCLA only applied to private sector projects.

    “On behalf of the Electrical Contractors Association of Alberta, and the entire construction sector, we extend our sincere thanks to the Alberta government for listening to industry concerns and taking decisive action by subjecting itself to Alberta’s Prompt Payment Legislation. This critical step demonstrates the government’s commitment to fairness and transparency in our sector.”

    Jason Kuziw, president, Electrical Contractors Association of Alberta

    The amendments proposed in the Service Alberta Statutes Amendment Act, 2024, bring forward changes and recommendations commonly heard from Albertans in the respective sectors.    

    Quick facts

    Prompt Payment and Construction Lien Act and Public Works Act amendments

    • The Public Works Act (PWA) governs projects administered by the Crown.
    • Amendments to the PWA would:
      • Extend a prompt payment and adjudication framework to Alberta government projects under the PWA.
        • This includes mandated payment timelines and invoicing provisions including a 31-day billing cycle from prime to owner unless testing or commissioning is required.
      • Utilize the nominating authority as established in Part 5 of the PPCLA and associated regulations.
      • Mirror the PPCLA amendments for adjudication, arbitration and an action in court to proceed in parallel.
      • Apply to public construction projects through legislation but exclude maintenance projects related to upkeep of capital assets and special scope contracts which are projects delivered using a public-private partnership method.
      • Not introduce statutory requirements for holdback or liens on any government project.
    • The PPCLA creates rules for the timing of payments in Alberta’s construction industry and sets out a streamlined adjudication process for disputes related to payment or work performed as an alternative to the courts. The PPCLA came into force in August 2022.
    • Amendments to the PPCLA would:
    • Clarify the adjudication process to ensure an efficient option for dispute resolution.
    • Address the act’s rigidity of including consulting professions like engineers and architects in the PPCLA, allowing them to opt out of holdback requirements and lien rights on a project-by-project basis.
    • Remove ambiguity around when a construction contract is complete. It would clarify when final payment under a contract or subcontract is considered to have been made and make adjudication available for 30 days after that date.
    • Amendments to the PPCLA will come into force upon proclamation while changes to the Public Works Act come into effect in Spring 2025.

    Related information

    • Improving the condominium and construction sectors
    • Condominium Rules Consultation
    • Bill 30: Service Alberta Statutes Amendment Act, 2024

    Multimedia

    • Listen to the news conference
    • Watch the news conference

    MIL OSI Canada News

  • MIL-OSI Submissions: Household living costs increase 3.8 percent – Stats NZ media and information release: Household living-costs price indexes: September 2024 quarter

    Source: Statistics New Zealand

    Household living costs increase 3.8 percent5 November 2024 – The cost of living for the average New Zealand household increased 3.8 percent in the 12 months to the September 2024 quarter, according to figures released by Stats NZ today.

    The 3.8 percent increase, measured by the household living-costs price indexes (HLPIs), follows a 5.4 percent increase in the 12 months to the June 2024 quarter. The most recent high was 8.2 percent recorded in the 12 months to the December 2022 quarter.

    Meanwhile, inflation – as measured by the consumers price index (CPI) – was 2.2 percent in the 12 months to the September 2024 quarter, following a 3.3 percent increase in the 12 months to the June 2024 quarter. The most recent CPI high was 7.3 percent, recorded in the 12 months to the June 2022 quarter. Consumers price index has more information.

    Visit Statistics NZ’s website to read this news story and information release and to download CSV files:

    MIL OSI

  • MIL-OSI Video: FEMA Responds to Hurricane Helene in Lake Lure, North Carolina

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

    The mayor of Lake Lure talks about the devastation she saw in her community after Hurricane Helene and how FEMA is helping with their road to recovery.

    https://www.youtube.com/watch?v=RCw-OBxSv3U

    MIL OSI Video

  • MIL-OSI Video: The Department of Education’s Response to Natural Disasters

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

    Schools and institutions of higher education are vital cornerstones in communities and critical components of whole community recovery. As educational entities recover from natural disasters, the U.S. Department of Education can provide support. For more information go to–
    • Disaster Recovery Unit (DRU) webpage: https://oese.ed.gov/offices/disaster-recovery-unit/
    • DRU email address: DisasterRecoveryUnit@ed.gov
    • Natural disaster resources: www.ed.gov/disasterrelief
    • Natural disaster resources for colleges, universities and students: https://fsapartners.ed.gov/knowledge-center/topics/natural-disaster-information
    For Information about relief options for higher education students and borrowers, visit: https://studentaid.gov/naturaldisaster or call 1-800-4FED-AID (1-800-433-3243).

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

    MIL OSI Video

  • MIL-OSI Video: The women behind America’s trucks

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

    Truck drivers move our economy—and we can’t leave any talent on the table.

    We applaud the growing number of women who are getting behind the wheel and are committed to improving conditions for all drivers, from more truck parking to fewer barriers to entry.

    https://www.youtube.com/watch?v=OYlF4Lfka7k

    MIL OSI Video

  • MIL-OSI Video: National Election Command Post at FBI Headquarters

    Source: Federal Bureau of Investigation (FBI) (video statements)

    James Barnacle, deputy assistant director of the FBI’s Criminal Investigative Division, talks about the role of the National Election Command Post at FBI Headquarters. The purpose of the command post, locating in the Bureau’s Strategic Information and Operations Center, is to ensure the FBI is well-positioned to respond to any election security issue that may arise.

    For more information, visit: https://www.fbi.gov/news/national-election-command-post
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    More ways to follow us: https://inside-the-fbi.transistor.fm/…

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    X: https://twitter.com/fbi
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    https://www.youtube.com/watch?v=OdykrUCaF1s

    MIL OSI Video

  • MIL-OSI New Zealand: Bluey set to steal hearts this Farmers Santa Parade, supported by the city centre’s newest elves

    Source: Auckland Council

    Two symbolic characters at the centre of Auckland’s historic Farmers Santa Parade are turning out for the 91st time, delighting families who will fill the footpaths on Sunday 24 November (rain day 1 December).

    The parade may have become bigger and brighter in 91 years, but the philosophy introduced by Farmers founder Robert Laidlaw in 1933 remains the same – a gift of fantasy and fanfare for the children of Auckland.

    The star of the show is always Santa himself, but Queen Street has also been a constant presence throughout 91 years in the life of this legendary parade, believed to be one of the most enduring in the southern hemisphere.

    Santa and his reindeer.

    Queen Street has evolved over the decades. Once it was a four-lane street with narrow footpaths on either side. Now it is a two-lane, plant-filled boulevard hosting a more intimate festive parade.

    But the character expected to rival even the longest-serving players is favourite television pup Bluey, who is joining Auckland’s Farmers Santa Parade for the first time. Fans will see the much-adored Bluey in person on her own float in the parade. Bluey and Bingo will later bring their live interactive experience to Santa’s Party at the close of the parade.

    Bluey and Bingo on stage.

    Deputy Mayor of Auckland, Desley Simpson, will also participate in the parade.

    “Every year, the Farmers Santa Parade brings the centre of Auckland to life, filling our city with joy, wonder, and community spirit. It’s a time for families, friends and whānau to come together and welcome the magic of the season.

    “This parade is more than an event; it’s a beautiful reminder of the unity and vibrancy that define our Auckland community,” Councillor Simpson says.

    A new entrant in the parade this year will be the city centre’s newest elves – a team of community wardens who cast a watchful eye over city centre streets and spaces every day and night. The wardens are from the Auckland Council Community Safety Team, New Zealand Police, Māori wardens, Community Patrols NZ and Auckland Transport.

    They will decorate their uniforms with Christmas tinsel for the occasion and walk with their families, accompanying Deputy Mayor Desley Simpson who graces the parade every year waving to the crowds from a vintage car.

    After representing New Zealand at the 2024 Olympics, gold medal winning high jumper Hamish Kerr will open the parade as this year’s official grand marshal, leading the vibrant and colourful procession of festive floats.

    One float will be constructed entirely of LEGO®, another inspired by K-pop in the shape of a giant pink guitar, and crowds will also witness a Kiwiana caravan float that encapsulates the essence of a Kiwi summer.

    Additional funds have been made available this year from Auckland Council and the city centre targeted rate, helping bring the delight of the Farmers Santa Parade to the city centre.

    Key moments to plan for:

    The Farmers Santa Parade attracts around 150,000 spectators, 4,000 participants and over 200 items of Christmas magic over a 1.6km route.

    Learn more about the 2024 parade here.

    Transport options will be available additionally here. 

    [embedded content]

    MIL OSI New Zealand News

  • MIL-OSI Australia: Meal timing may be crucial for night shift workers’ health

    Source: University of South Australia

    05 November 2024

    A new Australian study published in Diabetologia this week has found that overnight eating may be putting night shift workers at higher risk of chronic health conditions.

    Led by researchers from the University of South Australia, University of Adelaide and SAHMRI, the NHMRC-funded study involved a six-day trial with 55 adults in the healthy BMI range, who don’t usually work night shifts.

    Participants stayed at the University of South Australia’s Behaviour-Brain-Body Sleep Research Centre and were divided into three groups: those who fasted at night, those who had snacks, and those who ate full meals.

    All participants stayed awake for four nights and slept during the day, with a recovery day on day five to re-establish normal sleeping and eating cycles, and blood glucose testing on day six.

    Prof Leonie Heilbronn, from SAHMRI and the University of Adelaide, says results showed participants who ate meals or snacks during the nightshift had significantly worse glucose tolerance compared to those who fasted.

     “We found that blood glucose skyrocketed for those who ate full meals at night and those who snacked, while the people who fasted at night showed an increase in insulin secretion which kept blood sugar levels balanced,” Prof Heilbronn says.

    “We know shift workers are more likely to have diabetes, they’re more likely to have heart disease, and they’re more likely to be overweight. Our research suggests that meal timing could be a major contributor to those issues.”

    Insulin sensitivity was disrupted among all participants, regardless of their eating habits, adding to the body of evidence that night shifts cause circadian misalignment and impair glucose metabolism.

    “When you eat a meal, your body secretes insulin, and that insulin helps your muscles and other tissues to take up glucose. If you become resistant to insulin, then you can’t take up that glucose as effectively into your muscles and if it continues, that potentially puts you at risk of diabetes.”

    Lead investigator UniSA Professor Siobhan Banks says not eating large meals while working night shift and instead eating primarily during the day could be a straightforward intervention to manage health outcomes for many workers.

    “This could be easier for people to follow than other, more complex diets,” Prof Banks says.

    Researchers say future trials will investigate whether eating only protein snacks on night shift is a potential solution to satiating hunger without predisposing workers to negative health consequences.

    …………………………………………………………………………………………………………………………

    Media contact: Candy Gibson M: +61 434 605 142 E: candy.gibson@unisa.edu.au

    Researcher contacts: Professor Siobhan Banks E: siobhan.banks@unisa.edu.au; Professor Leonie Heilbronn E: leonie.heilbronn@adelaide.edu.au

    Other articles you may be interested in

    MIL OSI News

  • MIL-OSI New Zealand: Household living costs increase 3.8 percent – Stats NZ media and information release: Household living-costs price indexes: September 2024 quarter

    Source: Statistics New Zealand

    Household living costs increase 3.8 percent 5 November 2024 – The cost of living for the average New Zealand household increased 3.8 percent in the 12 months to the September 2024 quarter, according to figures released by Stats NZ today.

    The 3.8 percent increase, measured by the household living-costs price indexes (HLPIs), follows a 5.4 percent increase in the 12 months to the June 2024 quarter. The most recent high was 8.2 percent recorded in the 12 months to the December 2022 quarter.

    Meanwhile, inflation – as measured by the consumers price index (CPI) – was 2.2 percent in the 12 months to the September 2024 quarter, following a 3.3 percent increase in the 12 months to the June 2024 quarter. The most recent CPI high was 7.3 percent, recorded in the 12 months to the June 2022 quarter. Consumers price index has more information.

    Visit our website to read this news story and information release and to download CSV files:

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Health Issues – Patients and doctors are the victims in private health funding dispute – RACS

    Source: Royal Australasian College of Surgeons (RACS)

    The Royal Australasian College of Surgeons (RACS) is calling for an immediate resumption of negotiations between Australia’s only national private hospital operator and private health funds, to avoid out of pocket price escalations for patients.

    From 26 November 2024, private hospital operator Healthscope says it will begin charging an out-of-pocket fee to Bupa and Australian Health Service Alliance members in its 38 hospitals after failing to reach an agreement with the funds.

    RACS says the breakdown in discussions will have significant implications for patients and surgeons across Australia.

    “At a time when we know that cost of living pressures are hurting Australians, this is a terrible outcome,” says RACS President Associate Professor Kerin Fielding.

    “This will result in healthcare costs going up and may lead to patients deferring or cancelling their surgeries or opting to undertake them in the public hospital system. This would only create issues downstream, or add significant pressure to an already under pressure public health system.

    “Our primary concern is ensuring patients get the care they need when they need it. We also want to feel confident that surgeons have the necessary resources to provide that care, in an appropriate, high-quality manner. Patients would rightly be confused about why they are being charged an out-of-pocket fee on top of the insurance premiums they are paying, which they were told would cover the cost of these surgeries when they were needed.”

    “We urge all parties to return to the negotiating table for the sake of patients, doctors and the health system at large,” Associate Professor Fielding says.

    “We ask that they resume negotiations in good faith and find an agreement that balances the needs of patients, surgeons, and healthcare providers, while recognising the increasing costs of delivering quality surgical care.”

    Private hospitals play a vital role in the provision of healthcare in Australia, alleviating pressure on public hospitals and ensuring timely access to surgery. A viable private sector is essential for maintaining a balanced healthcare system and benefits the broader community.

    RACS remains committed to advocating for a sustainable healthcare system that provides fair access to care and encourages long-term collaboration between all stakeholders.

    About the Royal Australasian College of Surgeons (RACS)

    RACS is the leading advocate for surgical standards, professionalism and surgical education in Australia and Aotearoa New Zealand. The College is a not-for-profit organisation that represents more than 8500 surgeons and 1300 surgical trainees and Specialist International Medical Graduates. RACS also supports healthcare and surgical education in the Asia-Pacific region and is a substantial funder of surgical research. There are nine surgical specialties in Australasia being: Cardiothoracic Surgery, General Surgery, Neurosurgery, Orthopaedic Surgery, Otolaryngology Head and Neck Surgery, Paediatric Surgery, Plastic and Reconstructive Surgery, Urology and Vascular Surgery. www.surgeons.org

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Tech and Security – Liverton Security Launches New Cyber Security Consulting Division in Wellington

    Source: Liverton Security

    Liverton Security is proud to announce the launch of its new Cyber Security Consulting Division in Wellington, a strategic move to enhance its comprehensive suite of security solutions for businesses and organisations across New Zealand and beyond. 
    This new division will be spearheaded by General Manager Murray Wills, who brings a wealth of experience and expertise to the role. Skilled in providing innovative solutions for complex challenges within the global cyber security industry, Murray will provide top-tier consulting solutions for the organisations’ clients. 
    Key services that Liverton Security will provide for its clients include: risk and security testing and assurance, vulnerability assessments and penetration testing, security governance, risk and compliance advice, privacy guidance, and cyber security education and guidance. 
    Founded over 20 years ago, Liverton Security has grown to become a respected leader in the global cyber security community thanks to its proven track record of delivering complex, high-quality security solutions for its clients. Liverton Security has a wide offering of innovative products, including SHIFT, MailAdviser, SEEMail, SmartGate, and DNS services. 
    With offices in Wellington and London, the company is well poised to meet the needs of its clients locally in New Zealand and internationally in the UK.   
    Richard Bourne, CEO of Liverton Security, expressed his enthusiasm for this latest expansion: “The establishment of our Cyber Security Consulting Division marks a significant milestone for Liverton Security. Under Murray’s leadership, we are confident that this division will provide unparalleled security consulting services to our clients.” 
    Murray Wills, General Manager of Liverton Security, shared his vision for the new division: “I am thrilled to lead this new initiative at Liverton Security. Our goal is to provide top-tier consulting services that address the ever-evolving cyber threats faced by organisations today. The new division will undertake risk and security assignments on behalf of clients. By leveraging our extensive expertise, we aim to provide our clients with robust and resilient security solutions.”
    Murray has identified three challenges that clients are most likely to face this year, which include meeting requirements for privacy compliance, increased threats from cyber security and AI driven attacks, all of which Liverton Security is well placed to assist with. By helping their customers to better understand their current and evolving risks they help to ensure that their security systems are as robust as possible. 
    Liverton Security’s success is driven by a dedicated team of security-focused developers, systems engineers, consultants, and support staff. This hand-picked team is committed to developing world-class cyber security solutions and providing exceptional service to clients. Their collective expertise and relentless pursuit of innovation ensure that Liverton Security remains at the forefront of the industry.
    About Liverton Security: Liverton Security is a leading provider of advanced security solutions, dedicated to protecting organisations from evolving cyber threats. With a strong presence in New Zealand and the UK, Liverton Security offers a range of products and services designed to meet the highest standards of security and reliability.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Surveys – 96% believe soft skills are hiring priority with AI on track to replace hard skills – Robert Walters

    Source: Robert Walters

    • 96% believe that soft skills are either equal to or more important than hard skills
    • 92% of employers admitted to rejecting candidates due to insufficient soft skills
    • 90% of recruiters say lack of soft skills often underpins failures in the workplace
    • research from Indeed names communication as most important skill
    • recruitment CEO states AI will inevitably replace hard skills in white-collar industries.

    In a recent study, recruitment specialists Robert Walters have unveiled the increasing significance of soft skills in today’s workplace. The research, which surveyed over 2,000 white collar professionals, found that 96% believe that soft skills are either equal to or more important than hard skills. Furthermore, an overwhelming 92% of employers admitted to rejecting candidates due to insufficient soft skills.

    The Rise of AI: A Game-Changer for Hard Skills

    Robert Walters CEO for Australia and New Zealand, Shay Peters, attributes this paradigm shift to the rapid emergence of AI. Peters stated, “The growth of AI has been remarkable in recent years, and I predict that it will eventually replace almost all hard skills in white collar industries. This means that soft skills will take centre stage in talent acquisition, as the human touch becomes the distinguishing factor.”

    The Crucial Role of Soft Skills

    According to 90% of recruiters, a lack of soft skills often underpins failures in the workplace. Consequently, hiring managers are increasingly willing to pay a premium for candidates who possess exceptional soft skills.

    Peters further highlighted the growing emphasis on soft skills in client conversations, stating, “Clients are now placing greater importance on qualities such as effective communication, negotiation, and problem-solving. These attributes will set candidates apart from their peers as we continue to see AI replace hard skills. Additionally, clients are expressing the need for candidates to not only utilise AI but also collaborate with it effectively.”

    Gen Z: Leveraging the AI Advantage

    Peters also noted that Gen Z individuals have a distinct advantage, given their innate ability to adapt seamlessly to technology and incorporate it into their work practices. The ability to work harmoniously with AI is becoming an increasingly sought-after skill.

    Understanding Soft Skills

    Soft skills encompass personal attributes and interpersonal abilities that enable individuals to interact effectively with others. Unlike technical skills, which are specific and measurable, soft skills are broader and encompass traits such as communication, teamwork, and problem-solving. These skills are indispensable for fostering a positive work environment and facilitating professional growth.

    According to new research released by Indeed which asked employers what the most important skills for the future of work are, communication came out as most important skill in the future, with 55% of employers citing this. This is followed by teamwork and collaboration (52%), adaptability (48%), problem solving (48%) and tech savviness (40%).

    Investing in Soft Skills Development

    CEO Shay Peters stressed the urgency for employees and candidates to prioritise the development of their soft skills. Peters remarked, “In today’s highly competitive job market, where countless highly skilled individuals are vying for positions, your soft skills will be the ultimate differentiator. As AI inevitably replaces hard skills in white-collar industries, your soft skills will be all you have left. Investing time in improving these skills will ensure you stand out when the time comes.”

    AI can never replace human interaction and face to face communication which is why this is becoming a priority for employers. This balance between AI’s capabilities and human strengths is shaping the future of work, making soft skills a key differentiator in career success.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Economy – Financial system remains resilient amidst economic downturn – Reserve Bank of NZ

    Source: Reserve Bank of New Zealand

    5 November 2024 – Risks to New Zealand’s financial system remain contained, Deputy Governor Christian Hawkesby says in releasing the November 2024 Financial Stability Report.
     
    Financial stability is critical for economic wellbeing. Trust and confidence in our financial system is essential for ensuring New Zealanders can safely save, borrow, and manage financial risk.

    Globally and in New Zealand, interest rates are declining as inflation subsides. Debt servicing costs are nearing their peak and beginning to decline, with advertised mortgage rates falling over the past six months. This shift will make mortgage costs more manageable for households.

    However, domestic economic challenges remain. Many households and businesses are feeling financial pressure and rising unemployment is posing challenges for some borrowers. Banks anticipate a slight increase in non-performing loans, albeit still below levels seen in previous recessions.

    “New Zealand banks are well positioned to continue supporting households and businesses, including effectively handling any potential loan defaults,” Mr Hawkesby says. “Our financial institutions are well prepared to ensure that credit remains available for households and businesses. The strength of our financial system means we are able to weather economic uncertainties and challenges, including increased geopolitical tensions.”

    We are supportive of efforts to improve competition in the banking sector – including the Commerce Commission market study and Parliament’s Select Committee enquiry. The Report outlines the initiatives we are undertaking to advance this work in our role as a prudential regulator and central bank.

    The implementation of the Deposit Takers Act is progressing swiftly. Our efforts this year have focused on developing standards for deposit takers, with the Depositor Compensation Scheme on track to launch by mid-2025.
     

    More information

    Read our November Financial Stability Report : https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=63022eac0b&e=f3c68946f8
    The November Financial Stability media conference starts at 1pm. See all event details. See full event details: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=d531d439c5&e=f3c68946f8
    In this media conference, we will be taking questions from the public through an online chatbox connected to the livestream. Please note that questions from media representatives in the room will be prioritised.
    Read our update on the housing market : https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=7eedfe2ad3&e=f3c68946f8
    Read our assessment of geopolitical risks: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=add80d3e93&e=f3c68946f8
    Read about the results of the 2024 Reverse Stress Test : https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=b1fce6d62c&e=f3c68946f8
    What is the Financial Stability Report: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=77bc49db11&e=f3c68946f8

    MIL OSI New Zealand News

  • MIL-OSI USA: Precautionary Boil Water Advisory Issued for Customers of the Town of Richmond and Town of Hopkinton Public Water Systems

    Source: US State of Rhode Island

    The Rhode Island Department of Health (RIDOH) is alerting customers of the Town of Richmond Public Water System and the Town of Hopkinton Public Water System that they should boil their water before consuming from Thursday November 7th through approximately Tuesday, November 12th. This boil water advisory is a precaution while a water storage tank is being repaired.

    When repairs are being made to a water storage tank that is not isolated from the system, bacteria may get into the water supply. RIDOH wants to assure customers that there is currently no confirmed bacterial contamination within the water system(s) or the water that supplies the systems. Once the repairs on the storage tank are complete, and before the boil water advisory is lifted, the water system will disinfect the system (within safe levels), flush the pipes, and test the water (at least two consecutive samples collected 24 hours apart). RIDOH will review and approve water sample test results to assure no bacteria entered the water system. Once the repairs on the storage tank are complete, RIDOH will announce when the advisory is lifted. Customers will also be directly notified by the water system when the advisory is lifted. A list of addresses impacted by this precautionary boil water advisory are listed below.

    RIDOH advises: � All water used for drinking, preparing or cooking food, making ice, brushing teeth, or making infant formula should be boiled vigorously for at least one minute. Alternatively, customers can use bottled water. � Wash dishes in a dishwasher and use the sanitizer cycle. If you do not have a dishwasher, wash dishes in warm, soapy water and rinse the dishes with pre-boiled or bottled water. � Infants and young children should not be bathed in this water because they may swallow it accidentally. Anyone else using this water for bathing or showering should be careful to avoid swallowing the water.

    Contaminated water can cause diarrhea, cramps, nausea, headaches or other symptoms. Infants, young children, or people with weakened immune systems may have more severe symptoms. Boiling the water kills bacteria and other organisms in the water. Additional guidance is available online. RIDOH is sharing specific guidance with restaurants and other food establishments in the area. (Guidance for food establishments is also available online.)

    Any water system customer who has diarrhea and any of the following symptoms should contact a healthcare professional. � Fever higher than 101.5� F, measured orally; � Blood in the stool; � Prolonged vomiting that prevents keeping liquids down (which can lead to dehydration); � Diarrhea that lasts more than three days; or � Symptoms of dehydration (decrease in urination, dry mouth and throat, and feeling dizzy when standing up).

    Customers with questions can call Danielle Agajanian, Northeast Water Solutions, at 401-667-7463 extension101, Monday-Friday, 8:45 a.m. � 3 p.m.

    Customers of the Town of Hopkinton Water System at the following addresses are impacted by this precautionary boil water advisory: � Bank Street: Number 10 � Locustville Road: Numbers 10 and 14 � Main Street: Numbers 995, 996, 999, 1006, 1009, 1017, 1023, 1024, 1026, 1027, 1035, 1036, 1039, 1040, 1044, 1045, 1048, 1050, 1053, 1054, 1059, 1060, 1064, 1066, 1070, 1074, 1078, 1082, 1089, 1090-A, 1093, 1097, 1100, 1105, 1105-A, 1110, 1111, 1113, 1114, 1115-A, 1115-B, 1115-C, 1116, 1117, 1119, 1121, 1123, and 1125 � Spring Street: Numbers 1 and 8 � Thelma Drive: Numbers 15 and 20

    Customers of the Town of Richmond Water System at the following addresses are impacted by this precautionary boil water advisory: � Beverly Lane: Numbers 2 and 4 � Bridge Street: Number 8 � Buttonwoods Road: Number 4 � Canob Lane: Numbers 5, 6, 7, 9, 11, 12, 13, 15, 17, 19, 20, 21, 23, 24, and 25 � Cards Farm Drive: Number 3 � Chariho Drive: Numbers 2, 5, 7, 8, 10, 11, 12, 13, 14, 15, 17, 18, 16, 20, 21, 22, and 23 � Deerfield Drive: Numbers 1, 8, and 15 � Jupiter Lane: Numbers 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 13, 15, and 17 � K G Ranch Road: Numbers 30, 35, 38, 39, 61, 67, 70, 77, 82, 83, 88, 96, 98, 100, and 104 � Kingstown Road: Numbers 6, 12, 18, 21, 22, 26, 28, 30, 38, 39, 46, 54, 58, 66, 71, 73, 87, 91, 93-A, 93-D, 96, 101, 105, 122, and 180 � Main Street: Numbers 1120, 1122, 1129, 1131, 1133, 1135, 1136, 1139, 1141, 1143, 1146, 1147, 1150, 1050-A, 1151, 1152, 1155, 1158, 1160-A, 1160-B, 1167, 1171, 1175, 1187, 1190, 1199, 1200, 1203, 1209, 1210, 1214, and 1219 � Meadowbrook Road: Numbers 2, 4, 9, 10, 11, 12, 14, 15, 17, 22, and 23 � Nooseneck Hill: Numbers 6, 9, 11, 13, 17, 21, 25, 27, 29, 31, 33, 37, 37-A, 41, 43, 47, 49, 51, 54, 73, 78, and 85 � Old Kenyon Road: Numbers 10, 18, and 25 � Pinehaven Drive: Numbers 3, 4, 5, 7, 8, 9, 10, and 12 � Springbrook Road: Number 2 � Spring Green Drive: Numbers 3, 5, 7, 9, and 11 � Stilson Road: Numbers 1, 5, 12, 39, 42, 47, 59, 62, 68, and 75 � Tall Timbers Drive: Number 1 � Whispering Pine: Numbers 5, 6, 11, 12, 17, 18, and 20 � Wildwood Court: Numbers 2 and 3 � Wood River Drive: Number 2

    MIL OSI USA News

  • MIL-OSI USA: Governor Newsom sues Norwalk for unlawful homeless shelter ban

    Source: US State of California 2

    Nov 4, 2024

    What you need to know: After repeated warnings, California sued Norwalk for the city’s unlawful ban on homeless shelters and other housing. 

    LOS ANGELES — Governor Newsom and Attorney General Rob Bonta today filed a lawsuit against the city of Norwalk to compel the city to overturn its unlawful ordinance banning the establishment of new homeless shelters and other housing. The lawsuit alleges that the city’s ban violates numerous state laws. The lawsuit comes after multiple warnings and actions by the state, including revocation of the city’s housing element compliance.

    “The Norwalk city council’s failure to reverse this ban, despite knowing it is unlawful, is inexcusable. No community should turn its back on its residents in need.”

    Governor Gavin Newsom

    “Today’s lawsuit should come as no surprise. Despite receiving several warnings, the City of Norwalk has refused to repeal its unlawful ban on new supportive housing for our most vulnerable residents. Enough is enough,” said Attorney General Rob Bonta. “Every city and county in California has a legal obligation to help solve our homelessness crisis. We have not, and will not hesitate, to ensure that everyone with the power to approve or disapprove housing takes their duties seriously.”

    The California Department of Housing and Community Development (HCD) sent Norwalk a notice of violation on September 16 after the city council adopted a 45-day urgency ordinance imposing a moratorium on emergency shelters, single-room occupancy housing, supportive housing, and transitional housing. Despite this, on September 17, the council extended that ordinance another 10 months and 15 days. The moratorium violates several state planning and fair housing laws, including the Housing Crisis Act, Affirmatively Furthering Fair Housing, and Housing Element Law.

    In addition, Norwalk has yet to meet its housing goals as required by state law. The city has only issued permits for 175 units during this housing element cycle, a mere 3.5% of its 5,034 unit Regional Housing Needs Allocation (RHNA) – the number of units required to ensure that communities have enough housing.

    On October 3, in response to the city’s failure to repeal the ban, the state announced that it was decertifying the City of Norwalk’s housing element. The state’s action makes the city ineligible for significant housing and homelessness funding and means the city can no longer deny permits to “builder’s remedy” affordable housing projects.

    “Norwalk’s moratorium on housing for its most vulnerable residents is not only unlawful — it is a rejection of people’s basic health, safety, and humanity,” said HCD Director Gustavo Velasquez. “We’re grateful for the Attorney General’s partnership to ensure all cities and counties are held accountable when they fail to comply with state housing law. I am disappointed the city did not reverse course on its own accord, choosing instead to waste time and public resources and be forced by the court to do the right thing.

    Norwalk issued the ordinance only weeks after Governor Newsom issued an executive order that, among other things, urges local governments to use the unprecedented funding provided by the state to address unsanitary and dangerous encampments within their communities and provide people experiencing homelessness in the encampments with the care, housing, and supportive services they need. Since 2019, HCD has awarded Norwalk nearly $29 million in housing and homelessness funds.

    The lawsuit was referred to the Attorney General by HCD’s Housing Accountability Unit, which was launched by Governor Newsom in 2021 to assist cities and counties in fulfilling their legal responsibilities to plan for and permit their fair share of housing, and to hold accountable those that fail to do so. This focus on accountability has in part led to a 15-year high in housing starts in California. Since its establishment, the Housing Accountability Unit has supported the development of more than 7,600 housing units, including more than 2,800 affordable units, through enforcement actions and by working with local jurisdictions to ensure compliance with housing law. In 2024 the Unit was expanded to include a focus on homelessness issues — including compliance with state laws as they relate to homeless housing.

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    Nov 4, 2024

    What you need to know: After repeated warnings, California sued Norwalk for the city’s unlawful ban on homeless shelters and other housing.

    LOS ANGELES — Governor Newsom and Attorney General Rob Bonta today filed a lawsuit against the city of Norwalk to compel the city to overturn its unlawful ordinance banning the establishment of new homeless shelters and other housing. The lawsuit alleges that the city’s ban violates numerous state laws. The lawsuit comes after multiple warnings and actions by the state, including revocation of the city’s housing element compliance.

    “The Norwalk city council’s failure to reverse this ban, despite knowing it is unlawful, is inexcusable. No community should turn its back on its residents in need.”

    Governor Gavin Newsom

    “Today’s lawsuit should come as no surprise. Despite receiving several warnings, the City of Norwalk has refused to repeal its unlawful ban on new supportive housing for our most vulnerable residents. Enough is enough,” said Attorney General Rob Bonta. “Every city and county in California has a legal obligation to help solve our homelessness crisis. We have not, and will not hesitate, to ensure that everyone with the power to approve or disapprove housing takes their duties seriously.”

    The California Department of Housing and Community Development (HCD) sent Norwalk a notice of violation on September 16 after the city council adopted a 45-day urgency ordinance imposing a moratorium on emergency shelters, single-room occupancy housing, supportive housing, and transitional housing. Despite this, on September 17, the council extended that ordinance another 10 months and 15 days. The moratorium violates several state planning and fair housing laws, including the Housing Crisis Act, Affirmatively Furthering Fair Housing, and Housing Element Law.

    In addition, Norwalk has yet to meet its housing goals as required by state law. The city has only issued permits for 175 units during this housing element cycle, a mere 3.5% of its 5,034 unit Regional Housing Needs Allocation (RHNA) – the number of units required to ensure that communities have enough housing.

    On October 3, in response to the city’s failure to repeal the ban, the state announced that it was decertifying the City of Norwalk’s housing element. The state’s action makes the city ineligible for significant housing and homelessness funding and means the city can no longer deny permits to “builder’s remedy” affordable housing projects.

    “Norwalk’s moratorium on housing for its most vulnerable residents is not only unlawful — it is a rejection of people’s basic health, safety, and humanity,” said HCD Director Gustavo Velasquez. “We’re grateful for the Attorney General’s partnership to ensure all cities and counties are held accountable when they fail to comply with state housing law. I am disappointed the city did not reverse course on its own accord, choosing instead to waste time and public resources and be forced by the court to do the right thing.

    Norwalk issued the ordinance only weeks after Governor Newsom issued an executive order that, among other things, urges local governments to use the unprecedented funding provided by the state to address unsanitary and dangerous encampments within their communities and provide people experiencing homelessness in the encampments with the care, housing, and supportive services they need. Since 2019, HCD has awarded Norwalk nearly $29 million in housing and homelessness funds.

    The lawsuit was referred to the Attorney General by HCD’s Housing Accountability Unit, which was launched by Governor Newsom in 2021 to assist cities and counties in fulfilling their legal responsibilities to plan for and permit their fair share of housing, and to hold accountable those that fail to do so. This focus on accountability has in part led to a 15-year high in housing starts in California. Since its establishment, the Housing Accountability Unit has supported the development of more than 7,600 housing units, including more than 2,800 affordable units, through enforcement actions and by working with local jurisdictions to ensure compliance with housing law. In 2024 the Unit was expanded to include a focus on homelessness issues – including compliance with state laws as they relate to homeless housing.

    Recent news

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    MIL OSI USA News

  • MIL-OSI USA: DLNR News Release-Weeklong Kaua’i Art Exhibit Celebrates Native Birds and Forests, Nov. 2, 2024

    Source: US State of Hawaii

    DLNR News Release-Weeklong Kaua’i Art Exhibit Celebrates Native Birds and Forests, Nov. 2, 2024

    Posted on Nov 2, 2024 in Latest Department News, Newsroom

    DEPARTMENT OF LAND AND NATURAL RESOURCES

     

    JOSH GREEN, M.D.
    GOVERNOR

    DAWN CHANG
    CHAIR

    NEWS RELEASE

      

    FOR IMMEDIATE RELEASE

    Nov. 2, 2024

    WEEKLONG ART EXHIBIT CELEBRATES KAUA‘I FOREST BIRDS

     

    (LĪHUʻE, KAUA‘I) – “Wings and Woodlands: A Tribute to Native Birds and Forests,” is the latest Makahiki o Nā Manu Nahele event, a year-long celebration of these jewels of Hawai‘i’s forests.

    Kaua‘i is home to eight species of forest birds, six of which are endemic to the island, meaning they are found nowhere else on the planet. Four of those species are endangered or threatened. Unfortunately, due to the impacts of mosquito-born avian malaria, several of these honeycreepers are on the verge of extinction, or in the case of the ‘akikiki, already “functionally extinct.”

    All this week, the Wings and Woodlands art exhibit is showing at the Kaua‘i Society of Artists (KSA) Gallery at Kukui Grove Center. The free exhibit features paintings and photographs contributed by artists from around Hawai‘i, as well as from New York and California.

    “We are closing out the Year of the Forest Birds by hosting this wonderful art exhibit. First and foremost, we are trying to celebrate our birds. We are trying to celebrate their beauty and when you look at all the beautiful art pieces here, you can see that they are inspiring,” said Dr. Julia Diegmann of the Kaua‘i Forest Bird Recovery Project (KFBRP) during a Friday night opening of the exhibit.

    Diegmann said she is particularly thrilled with the amount of student produced artwork in the exhibit. In addition to open hours at the KSA Gallery through Friday, Nov. 8, there are showings of a recently released documentary on Hawaiian forest birds, and workshops on painting, native plants and learning mele.

    The KFBRP has been in existence for 21 years and most people who are or have worked to help save forest birds can rattle their names off, like Diegmann did on Friday.

    “We have ‘akeke‘e, ‘i‘iwi, puaiohi, ‘apapane, ‘anianiau, Kaua‘i ‘elepaio, Kaua‘i ‘amakihi, and ‘akikiki,” Diegmann listed. The ‘akikiki is the species now considered functionally extinct in the mountains of Kaua‘i. Many of the events this year have focused on capturing the individual stories of each and every bird.

    Justin Hite estimates he spent 1,000 nights over the course of eight years camping in the bird’s habitat as the field coordinator for KFBRP. He is now a planner with the DLNR Division of Forestry and Wildlife (DOFAW). Hite told exhibit guests the story of  , a female and one of only two ‘akikiki believed to be still alive in the wild. The second bird is a juvenile.

    “I watched the forest empty out of ‘akikiki. I watched them all disappear. When I first got here, the valley (where Pakele lives) was fully occupied with ‘akikiki everywhere,” Hite remarked.

    He added, “I just really want to acknowledge the two of them as the ones that are going to move forward with us and a really important role for a lot of us is having hope and working really hard and believing that what we’re doing is helping and kind of keeping us going forward.”

    Diegmann is particularly appreciative of the artists, young and old, who contributed their works and the many volunteers who spent all day Friday setting up the exhibit.

    “I want people to come here and to enjoy the beautiful art and to learn about the different species that we have here on Kaua‘i,” she said.

    Efforts to control mosquitoes, which have moved into the higher elevations where honeycreepers live, are focused on Kaua‘i and Maui. Many birds have been caught and moved into bird conservation centers with the hope, that once avian malaria is under control, there are large enough breeding populations to return the songs of the Hawai‘i forest birds to their rightful homes.

    # # #

     

    RESOURCES

    (All images and video courtesy: DLNR)

    HD video – “Wings and Woodlands: A Tribute to Native Birds and Forest” (web feature):

    HD video – Kaua‘i forest bird art exhibit (Nov. 1, 2024):

    (Shot sheet/transcriptions attached)

    Photographs – Kaua‘i forest bird art exhibit (Nov. 1, 2024):

    Learn more about Makahiki o Nā Manu Nahele:

    Learn more about Kaua‘i’s forest birds:

     

    Media Contact:

    Dan Dennison

    Communications Director

    808-587-0396

    MIL OSI USA News

  • MIL-OSI USA: Press Release: Congressional Delegation, RIDOT and Amtrak Kick Off Providence Station State of Good Repair Project

    Source: US State of Rhode Island

    U.S. Senators Jack Reed and Sheldon Whitehouse, Congressman Seth Magaziner, Congressman Gabe Amo, and Rhode Island Department of Transportation (RIDOT) Director Peter Alviti, Jr. today gathered with Amtrak leadership and other federal, state and local leaders to kick off a long-awaited project to renovate Providence Station.

    Built in 1986, Providence Station has grown to serve more than two million passengers a year, making it the 11th most utilized train station in the country. While improvements have been made over the years, many station elements are original. Various infrastructure elements and systems are not in a state of good repair, and station capacity is strained. This project will modernize and expand the station in addition to upgrading access to it and making that access safer and easier.

    The project was made possible by a $12.5 million Federal Railroad Administration (FRA) State of Good Repair Grant delivered by Senator Reed in 2019. Amtrak provided $9.75 million and RIDOT put in $7.75 million. This builds on previous funding the congressional delegation secured, including $5.2 million for station enhancements and $3 million for planning, design, and environmental reviews.

    The project includes many improvements for passenger amenities and public spaces. This includes expanding the station floorplan by enclosing the plaza on the western side of the station, adjacent to Caf� La France, and providing additional seating; modernizing and expanding the restrooms; consolidating ticketing and baggage operations; upgrading the public address system with visual displays; making accessibility improvements; and upgrading the station’s mechanical, electrical, fire protection, and plumbing systems.

    “For millions of passengers each year, the Providence Station is a gateway to Rhode Island and our capital city. This project will help Providence Station meet growing ridership with a welcoming space that is more modern, accessible, and efficient,” said Senator Reed, a leading member of the Appropriations Committee. “I was proud to help deliver a $12.5 million competitive grant to advance this critical renovation project. When it’s completed, it will be a major improvement for passengers, tourism, and the community as a whole.”

    “Providence Station currently serves many more passengers than it was originally designed for, and the wear and tear is evident,” said Senator Whitehouse, a senior member of the Environment and Public Works Committee. “This is an exciting project that will greatly improve the travel experience for the millions of passengers who spend time in the Station every year. Once again, our Bipartisan Infrastructure Law is at work delivering convenient and reliable transportation upgrades for Rhode Islanders.”

    “Providence Station is an essential transit hub for Rhode Islanders and is overdue for an upgrade,” said Representative Magaziner. “This federal funding will modernize amenities and improve accessibility to better serve the millions of passengers that pass through this station each year.” “Providence Station currently serves more than two million loyal riders every year. I’m proud to be one of them,” said Congressman Amo. “Thanks to Senator Jack Reed � who played a key role in securing federal funds for this over $30 million renovation � we’re working to modernize this vital transportation hub. Once open, it will signal to residents and visitors alike that Providence is a leader in providing a 21st-century travel experience.”

    “Providence Station is not only the busiest transit center in Rhode Island, it’s one of the busiest in the entire country,” Director Alviti said. “The improvements are well-deserved and will serve passengers for generations to come while encouraging greater use of transit services for trips within Rhode Island as well as out of state.”

    “Providence Station serves as a vital hub for our community. This renovation will enhance and modernize this space for the millions of passengers who rely on this station every year,” said Providence Mayor Brett P. Smiley. “The state-of-the-art amenities and improved safety and access features that will be implemented at this critical transit center will further cement Providence as a top destination for people to live, work and visit. I want to thank Senators Jack Reed and Sheldon Whitehouse, Congressmen Seth Magaziner and Gabe Amo, the Federal Railroad Administration and RIDOT for their commitment to this important project.”

    “Transforming Providence Station into a more modern facility and expanding the customer amenities and space, while still keeping the original charms of the current station, will simultaneously enhance the customer experience and encourage more residents and visitors to take the train,” said Tom Moritz, Amtrak’s assistant vice president of infrastructure access and investment. “Thanks to Senators Reed and Whitehouse, Congressmen Magaziner and Amo, Mayor Smiley, our partners at RIDOT and the FRA, as well as many more federal, state, and local officials, we are proud to take the next step and begin work to update and upgrade Providence Station.”

    During construction, pedestrian areas may be temporarily blocked with detours established. Amtrak intends to maintain restroom facilities, the Oakwells convenience store, and the caf� operations during the project although some services may be temporarily limited.

    There also will be an increased safety presence with a more prominent Amtrak Police entrance and counter. In an already completed phase of work, RIDOT made improvements to the pedestrian walkways in Station Park in 2023, which connects the station to Francis Street, opposite Providence Place Mall. The total value of all improvements is $30 million.

    All construction projects are subject to changes in schedule and scope depending on needs, circumstances, findings and weather.

    The Providence Station of Good Repair Project is made possible by RhodeWorks and the Bipartisan Infrastructure Investment and Jobs Act. RIDOT is committed to bringing Rhode Island’s infrastructure into a state of good repair while respecting the environment and striving to improve it. Learn more at www.ridot.net/RhodeWorks.

    MIL OSI USA News

  • MIL-OSI USA: Governor Newsom statement on passing of Quincy Jones

    Source: US State of California 2

    Nov 4, 2024

    Sacramento, California – Governor Gavin Newsom issued the following statement today on the passing of musician, producer, and composer Quincy Jones:

    “A titan of music, culture, and philanthropy, Quincy Jones brought the world endless joy with his optimistic spirit and colossal imagination. Not a day goes by without hearing a masterpiece that Quincy produced or hearing about the good he created with his generous heart. Jen and I — and all of California — mourn the loss of this great humanitarian and artist.”

    Press Releases, Recent News

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