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  • MIL-OSI USA: ‘Blood-Soaked’ Eyes: NASA’s Webb, Hubble Examine Galaxy Pair

    Source: NASA

    Stare deeply at these galaxies. They appear as if blood is pumping through the top of a flesh-free face. The long, ghastly “stare” of their searing eye-like cores shines out into the supreme cosmic darkness.

    It’s good fortune that looks can be deceiving.

    These galaxies have only grazed one another to date, with the smaller spiral on the left, cataloged as IC 2163, ever so slowly “creeping” behind NGC 2207, the spiral galaxy at right, millions of years ago.

    The pair’s macabre colors represent a combination of mid-infrared light from NASA’s James Webb Space Telescope with visible and ultraviolet light from NASA’s Hubble Space Telescope.

    Image A: Galaxies IC 2163 and NGC 2207 (Webb and Hubble Image)

    Look for potential evidence of their “light scrape” in the shock fronts, where material from the galaxies may have slammed together. These lines represented in brighter red, including the “eyelids,” may cause the appearance of the galaxies’ bulging, vein-like arms.

    The galaxies’ first pass may have also distorted their delicately curved arms, pulling out tidal extensions in several places. The diffuse, tiny spiral arms between IC 2163’s core and its far left arm may be an example of this activity. Even more tendrils look like they’re hanging between the galaxies’ cores. Another extension “drifts” off the top of the larger galaxy, forming a thin, semi-transparent arm that practically runs off screen.

    Image B: Galaxies IC 2163 and NGC 2207 (MIRI Image)

    Both galaxies have high star formation rates, like innumerable individual hearts fluttering all across their arms. Each year, the galaxies produce the equivalent of two dozen new stars that are the size of the Sun. Our Milky Way galaxy only forms the equivalent of two or three new Sun-like stars per year. Both galaxies have also hosted seven known supernovae in recent decades, a high number compared to an average of one every 50 years in the Milky Way. Each supernova may have cleared space in their arms, rearranging gas and dust that later cooled, and allowed many new stars to form.

    To spot the star-forming “action sequences,” look for the bright blue areas captured by Hubble in ultraviolet light, and pink and white regions detailed mainly by Webb’s mid-infrared data. Larger areas of stars are known as super star clusters. Look for examples of these in the top-most spiral arm that wraps above the larger galaxy and points left. Other bright regions in the galaxies are mini starbursts — locations where many stars form in quick succession. Additionally, the top and bottom “eyelid” of IC 2163, the smaller galaxy on the left, is filled with newer star formation and burns brightly.

    Image C: Galaxies IC 2163 and NGC 2207 (Hubble and Webb Images Side by Side)

    What’s next for these spirals? Over many millions of years, the galaxies may swing by one another repeatedly. It’s possible that their cores and arms will meld, leaving behind completely reshaped arms, and an even brighter, cyclops-like “eye” at the core. Star formation will also slow down once their stores of gas and dust deplete, and the scene will calm.

    Video A: Tour of Galaxies IC 2163 and NGC 2207

    [embedded content]

    The James Webb Space Telescope is the world’s premier space science observatory. Webb is solving mysteries in our solar system, looking beyond to distant worlds around other stars, and probing the mysterious structures and origins of our universe and our place in it. Webb is an international program led by NASA with its partners, ESA (European Space Agency) and CSA (Canadian Space Agency).

    The Hubble Space Telescope has been operating for over three decades and continues to make ground-breaking discoveries that shape our fundamental understanding of the universe. Hubble is a project of international cooperation between NASA and ESA (European Space Agency). NASA’s Goddard Space Flight Center in Greenbelt, Maryland, manages the telescope and mission operations. Lockheed Martin Space, based in Denver, Colorado, also supports mission operations at Goddard. The Space Telescope Science Institute in Baltimore, Maryland, which is operated by the Association of Universities for Research in Astronomy, conducts Hubble science operations for NASA.

    Downloads

    Right click any image to save it or open a larger version in a new tab/window via the browser’s popup menu.

    View/Download all image products at all resolutions for this article from the Space Telescope Science Institute.

    Media Contacts

    Laura Betz – laura.e.betz@nasa.gov, Claire Andreoli – claire.andreoli@nasa.govNASA’s Goddard Space Flight Center, Greenbelt, Md.

    Claire Blome – cblome@stsci.edu, Christine Pulliam – cpulliam@stsci.eduSpace Telescope Science Institute, Baltimore, Md.

    Related Information

    Other images: View of NGC 2207 in optical, x-ray, and infrared light

    Video: What happens when galaxies collide?

    Video: Galaxy Collisions: Simulations vs. Observations

    Article: More about Galaxy Evolution

    Video: Learn more about galactic collisions

    More Webb News

    More Webb Images

    Webb Science Themes

    Webb Mission Page

    Hubble Mission Page

    Related For Kids

    What is a galaxy?

    What is the Webb Telescope?

    The Amazing Hubble Telescope

    SpacePlace for Kids

    En Español

    ¿Qué es una galaxia?

    Ciencia de la NASA

    NASA en español 

    Space Place para niños

    MIL OSI USA News –

  • MIL-OSI USA: Middlesex Biotech Alum Publishes Fruit-fly Research

    Source: US State of Connecticut

    Jacqueline Guillemin, originally from the town of East Hampton, was homeschooled before deciding to pursue higher education. She wanted to further her studies but was unsure of which path to take. Her mother suggested CT State Middlesex (at that time Middlesex Community College), and it felt like an ideal choice, providing a smooth transition from homeschooling into college life.

    While at Middlesex, Jackie balanced being a full-time student with a part-time job. For a brief period, she also attended UConn as a full-time student while continuing her studies and work at Middlesex. At first, she was an environmental science major, driven by her interest in nature. However, her interests expanded when she enrolled in a biology course with Middlesex professor Frank Stellabotte, Ph.D.

    “When I took Dr. Stellabotte’s introductory biology course, I learned that the natural world had so much more to offer,” said Jackie.

    Jackie also added she was fortunate to study under several inspiring professors at Middlesex.

    “Clearly Dr. Stellabotte made an amazing impact on my education, introducing me to the topics I study today. Additionally, I would not be where I am without the support from [chemistry professor] Dr. Kimberly Thomas, who helped me find my passion for teaching in the sciences. Professor [Emerita] Donna Hylton, who gave me great guidance while working with the Computer Club as president,” Jackie said. “Honestly, I could list so many mentors from Middlesex as favorites!”

    Jackie recalls several standout Middlesex memories—from exploring genetics and zebrafish research with Dr. Stellabotte to hosting and gaming at Computer Club LAN nights.

    “Middlesex offered many opportunities to build a community and to truly feel connected which was very impactful to me,” said Jackie, who graduated from Middlesex in 2017 with an associate degree in biotechnology.

    When it came time to transfer to UConn to complete a four-year degree, Jackie again received strong support from Dr. Stellabotte along with advisor Emily Canto, who helped her build a compelling resume. Most of Jackie’s credits from Middlesex transferred smoothly, preparing her well for upper-level courses at UConn.

    Jackie went on to earn a bachelor’s degree in biology/biological sciences from UConn in 2019.

    Today, Jackie lives just outside of Burlington, VT, having chosen the University of Vermont (UVM) Department of Biology for her doctoral studies.

    “It’s a nice community of students and a broad biology program, which I appreciated for building my knowledge for a more integrative understanding of biology,” Jackie mentioned.

    At UVM’s Stanley Lab, Jackie’s research focuses on how fruit flies choose their food. She said she investigates feeding behaviors on a cellular and molecular level, seeking to understand how internal factors, like previous meals, influence their preferences.

    “We can use our knowledge of the fruit fly taste system to understand how humans integrate taste information and ways to decrease pest damage,” Jackie said.

    Jackie recently published an article in Cell Reports journal (Guillemin, 2023) describing previously unknown cellular functions in fruit flies, using innovative techniques to observe their taste response behaviors. Her findings revealed that certain cells activate upon detecting amino acids, prompting the flies to stop eating and lay eggs.

    “We use tools that allow us to modify the flies to piece together what parts are needed for taste and taste-related behaviors. Using these tools, I was able to ‘turn on’ the cell function and see what the fly does in response to that signal being sent to the brain,” Jackie explained. “Further, I can look at the brain in live flies and offer them different tastes and observe if the cell turns on to those tastes. We found that these cells turn on when in contact with protein building blocks called amino acids, and that they tell the fly to stop eating and instead lay eggs where ever they detect them.”

    Looking ahead, Jackie aims to complete her doctoral degree and hopes to secure a postdoctoral position that allows her to pursue independent research. Ultimately, she envisions a career that combines both research and teaching, passions she discovered during her time at Middlesex.

    During her time at Middlesex a decade ago, Jackie held various roles, including working in the Academic Success Center, serving as an educational assistant, and supporting the after-school STEAM Train computer training programs with Professor Hylton. At UVM, Jackie actively participates in her department’s social committee and holds a leadership position with the Out in STEM (OSTEM) group. Her teaching experience spans multiple semesters, covering subjects from genetics to comparative invertebrate physiology.

    This past summer, Jackie presented her research at the International Conference of Olfaction and Taste in Iceland, and in the fall, she attended the Society of Neuroscience conference in Chicago to showcase her latest findings for her next research paper.

    For prospective Middlesex students, Jackie encourages them to embrace every learning opportunity.

    “It may just feel like a class or two, but you are making connections for life in those classrooms. Relish in the time you have to talk with your professors about all of your favorite topics from that class,” advised Jackie. “And, most importantly, there is no such thing as a stupid question.”

    October 2024

    MIL OSI USA News –

  • MIL-OSI USA: HWI to expand in Fulton, investing $13.9 million and creating 11 new jobs

    Source: US State of Missouri

    HWI (HarbisonWalker International), one of the leading suppliers of refractory products and services in the United States and member of the Calderys Group, announced today that it will expand in Fulton, investing $13.9 million and creating 11 new jobs.

    “We’re excited to see an innovative and world-class company like HWI continuing to invest in Fulton,” said Governor Mike Parson. “From day one, our administration remained committed to improving infrastructure and strengthening our workforce to ensure a thriving economy. As a result, more and more quality employers like HWI are growing and improving the lives of Missourians and their families.”

    HWI’s expansion includes the construction of an additional, state-of-the-art, lightweight monolithics refractories manufacturing facility that will increase production capacity by approximately 60 percent while enhancing product availability. The facility will feature cutting-edge technology and process automation advancements, including a new furnace and automated robotic packaging and material handling systems. HWI currently employs more than 70 people at its existing Fulton location.

    “We’re proud of our company’s more than 100-year legacy in the Callaway County community, and we are thrilled to further expand operations here,” said Ross Wilkin, Senior Vice President of Americas for Calderys Group. “Our growth in Fulton is a testament to our confidence in our people and the community.”

    HWI’s new plant will provide access to local, high-quality clay reserves, allowing the company to increase the production of its Greenlite aggregate-containing products, including the GREENLITE®-45-L family of monolithics and GREENLITE® 115 AR brick. These products are used extensively in many applications, including petrochemical, power generation, and other heater linings. Their unique strength-to-density ratios optimize thermal insulation with minimal structural bulk to reduce energy consumption and support customers’ goals. The company’s new facility is expected to be completed in July 2025.

    “HWI’s expansion in Fulton is another exciting example of the rapid growth of our state’s manufacturing industry,” said Michelle Hataway, Director of the Department of Economic Development. “We’re pleased to support HWI as it continues to build on its long history of helping Missourians prosper in Callaway County.”

    New jobs added as part of HWI’s expansion will pay an average wage well above the county average.

    For this expansion, HWI will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.

    What others are saying

    “This investment demonstrates our commitment to meeting our customers’ evolving needs and reinforcing our market leadership position,” said Michel Cornelissen, President and CEO of Calderys.

    “This project represents a significant step forward for our community,” said Kim Barnes, President of the Fulton Area Development Foundation. “It underscores the importance of collaboration and strategic planning in attracting high-quality investments that will benefit the residents of Callaway County for years to come.”

    “We are thrilled to see HWI’s additional growth in Callaway County,” said Callaway County Commissioner Gary Jungermann. “This expansion is a testament to the ongoing efforts of our community to attract and retain quality businesses.  We look forward to seeing an even greater positive impact from HWI on the local workforce and economy.”

    “The collaboration between our local entities and state agencies was critical to making this happen,” said Tom Howard, IDA Board Member. “HWI’s decision to relocate here highlights the strength of our business environment, and we are excited to see this partnership grow.”

    About HWI, a member of Calderys

    HWI is one of the leading suppliers of refractory products and services in the United States, with a history that spans more than 150 years. It is part of Calderys and is the brand for the Americas region of the Group.  HWI counts 25 manufacturing sites and 20 distribution centers in the Americas, as well as the largest refractory industry research facility in North America. Serving virtually every major industry that requires refractory solutions to enhance production and protect assets, HWI is consistently recognized for its talented experts, industry firsts, and intensely driven excellence.

    To learn more about HWI, visit thinkhwi.com.

    About Calderys

    Calderys is a leading global provider for industries operating in high-temperature conditions with 2023 revenue at circa €1.6bn and over €220m of adjusted EBITDA. The Group specializes in thermal protection for industrial equipment with a wide range of refractory products and advanced solutions to enhance steel casting, metallurgical fluxes, and molding processes. With a presence in more than 30 countries and a strong footprint in the Americas through the brand HWI (HarbisonWalker International), Calderys’ international network of experts ensures an end-to-end offer with tailored services. Drawing on over 150 years of experience, Calderys supports its customers in their energy transition needs. Headquartered in Paris, France, the Group counts 5,800 employees and contractors, and 50 plants on five continents.

    To learn more about Calderys, visit calderys.com.

    About the Missouri Department of Economic Development

    The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.

    For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.

    About the Missouri Works Program

    As the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.

    MIL OSI USA News –

  • MIL-OSI Africa: US-Africa relations under Biden: a mismatch between talk and action

    Source: The Conversation – Africa – By Christopher Isike, Director, African Centre for the Study of the United States, University of Pretoria

    In his first year in office, US president Joe Biden committed to resetting US-Africa relations based on a doctrine of equal partnership.

    He sent his secretary of state, Antony Blinken, to Kenya, Côte d’Ivoire and Nigeria. The visit was used to outline the administration’s policy outlook towards Africa. It laid the ground for the official US-Africa policy commitment that Blinken launched the following year in South Africa.

    Since then, there have been high level engagements between the US and African countries to deepen ties. They included visits by top cabinet members of the administration: vice-president Kamala Harris, secretary of defence Lloyd Austin and treasury secretary Janet Yellen. First lady Jill Biden also came.

    Biden hosted a well attended US-Africa Leaders Summit in Washington DC in December 2022. Kenyan president William Ruto paid a state visit to the White House in May.

    Yet our view, which is based on years of studying and writing on US and Africa relations, is that the Biden administration has not fulfilled its commitment to resetting US-Africa relations based on an equal partnership. It hasn’t recognised Africa’s growing agency in international affairs.

    We argue that there has been a mismatch between the rhetoric and practice of an equal partnership. For example, African leaders or the African Union were not consulted about the agenda of the 2022 US-Africa Leaders Summit. This was also the case with the US’s Africa strategy.

    This reflects the traditional paternalistic relationship of the US with Africa.

    Read more: Joe Biden in Africa: US president has ignored the continent for his entire term — why he’s visiting Angola

    Biden is due to visit Angola in December – his only African visit as president. A much more encouraging message of equal partnership would have been delivered if the US-Africa Leaders Summit, for example, had been held at the African Union headquarters in Ethiopia. Biden would have then been able to engage with African leaders in the continent early in his term.

    A full diary of engagements

    There are a number of positive indicators of Biden’s commitment to reset relations with Africa.

    August 2022: The first tangible step was through the US Strategy Toward Sub-Saharan Africa. This presented a shift in emphasis from great power politics (vis-a-vis China and Russia in Africa) and Trump’s America First diplomacy, to one of mutual respect and partnership (at least on paper) under Biden.

    Priorities included fostering open societies, delivering democratic and security dividends, advancing pandemic recovery and economic opportunity, and supporting the climate agenda.

    December 2022: The US-Africa Leaders Summit in Washington DC was attended by 49 African leaders, three months after the release of the Africa strategy. The focus was on

    strengthening ties with African partners based on principles of mutual respect and shared interests and values.

    Biden pledged US$55 billion in investments until 2025 to advance goals that aligned with shared priorities. The US is said to have allocated 80% of said funds.

    The US used the summit to formally announce its support for the African Union’s membership of the G20. This was realised when the AU officially joined the G20 as a permanent member in 2023.

    November 2023: Biden hosted Angolan president João Lourenço at the White House on an official visit. They discussed cooperation on the economy, security, energy, transport, telecommunications, agriculture and outer space.

    May 2024: Kenyan president William Ruto’s state visit was the first by an African leader in more than 15 years.

    September 2024: US ambassador to the United Nations Linda Thomas-Greenfield announced US support for Africa getting two permanent seats on the UN security council.

    Finally, Biden’s visit to Angola, set for the first week in December would be the first by a US president since 2015.

    What’s gone wrong

    It’s possible to see serious flaws in the US approach towards Africa set against the expectation of an equal partnership.

    Firstly, the US has attempted to undermine African agency through its bid to pressure African countries to condemn Russia’s invasion of Ukraine. Many African countries chose non-alignment.

    Secondly, the US championing two seats for Africa on the security council looks commendable on the surface. But the lack of veto power perpetuates power imbalances between Africa and the current permanent security council members – the US, France, the UK, Russia and China.

    US vice-president Kamala Harris visited Zambian president Hakainde Hichilema in 2023. Salim Dawood/AFP via Getty Images.

    The question again is how equal the partnership is if Africa will be a junior member of the security council.

    Thirdly, there has been a lack of joint agenda setting. African countries have made no input into US-Africa strategy or the US-Africa Leaders Summit.

    Failing to consult African leaders, institutions and civil society on the continent’s own priorities reflects the same old practice of imposing priorities on African states. It looks like a continuation of the usual passing off of American national interests as African interests.

    Fourthly, there have been challenges in implementing what’s set out in the US Strategy Toward Sub-Saharan Africa. These have included inadequate resource allocation.

    Read more: US-Africa trade deal turns 25 next year: Agoa’s winners, losers and what should come next

    Fifth, the Biden administration has used the Africa Growth and Opportunity Act (Agoa) as diplomatic leverage over African countries. For example, in October 2023 it announced the removal of Uganda, Niger, Gabon and Central African Republic from the beneficiaries. Earlier, the administration removed Ethiopia, Guinea, Mali and Burkina Faso. These countries were removed from Agoa for not complying with US human rights and political demands.

    Between February and March 2024, the US Congress also considered the US-South Africa Bilateral Relations Bill, which risks South Africa’s exclusion from Agoa because of Pretoria’s position on the Israel/Palestine conflict.

    Lastly, the fact that Biden is only visiting Africa in the last days of his presidency suggests Africa is not a priority. The fact that only one African head of state has been afforded a state visit to Washington reinforces this thinking.

    If the US is serious about equal partnership, it mustn’t treat Africa as an afterthought. It must always consult African states in shaping policies that affect them and the continent.

    Ruth Kasanga, a postgraduate student in the Department of Political Sciences and Research Assistant at the African Centre for the Study of the United States, University of Pretoria, made contributions to this article.

    – US-Africa relations under Biden: a mismatch between talk and action
    – https://theconversation.com/us-africa-relations-under-biden-a-mismatch-between-talk-and-action-242307

    MIL OSI Africa –

  • MIL-OSI Security: Defense News: Deputy Under Secretary of the Navy for Intelligence and Security Visits NAVSCIATTS

    Source: United States Navy

    Minella, John Keast, U.S. Senate Armed Services Committee (SASC) staff director; Pat Thompson, Adam Barker, and Chris Vignes, members of the senator’s staff, received updates from NAVSCIATTS Cmdr. Robert LeClerc and members of U.S. Naval Special Warfare (NSW) Command’s staff regarding the direction of the command and its continued support to combatant commanders’ theater security cooperation priorities.

    During their visit to the Stennis Space Center, Minella and the SASC staff members also received a tour and command brief from Special Boat Team 22, NSW’s only riverine capability. The tour included a Special Operations Craft-Riverine demonstration and also M134 machine gun familiarization.

    NAVSCIATTS trains and educates strategic allied and partner security force professionals across the tactical, operational, and strategic spectrums; and serves as the U.S. Navy’s premier security force assistance training asset. More than 14,000 partners from 129 partner nations have trained with this historic command since 1963.

    MIL Security OSI –

  • MIL-OSI: Significant Technology Upgrades Fueling Strong Growth Opportunities for U.S. Commercial Drone Market

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), AgEagle Aerial Systems Inc. (NYSE: UAVS), EHang Holdings Limited (NASDAQ: EH), Ondas Holdings Inc. (NASDAQ: ONDS).

    Grand View Research continued: “Moreover, the U.S. is expected to witness a convergence of technologies, societal acceptance as well as a favorable regulatory landscape that is further expected to increase demand for commercial drones in various industries. The continuous development in drone technological capabilities and related software, their commercial applications, as well as the associated benefits, are anticipated to experience steady expansion as it offers added features and easy control to drone operators. Such type of developments by market players are expected to drive the U.S. commercial market growth. Additionally, the introduction of updated drone regulations has optimized the procedure for legally conducting commercial drone operations. The positive regulations are expected to attract entrepreneurs to use commercial drones. For instance, in the U.S., some of the significant changes in the Federal Aviation Administration (FAA) regulation’s Part 107 update includes the removal of “section 333 exception” and relaxed standards for pilots. This change in regulations that are required for commercial operations of drones, is anticipated to drive the market growth over the forecast period.”

    ZenaTech Inc.’s (NASDAQ:ZENA) ZenaDrone Completes the First Phase of an IQ Nano Inventory Management Trial for Multinational Auto Parts Customer – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that its subsidiary, ZenaDrone, has successfully completed the first phase of drone testing and 3D mapping, and is beginning the next phase of production of a paid trial for a multinational auto parts manufacturer. This production phase consists of flying automatic and fully autonomous flights of the IQ Nano drone in an inventory management application.

    Testing took place over several months at ZenaDrone’s production facility in Sharjah, United Arab Emirates (UAE) to ensure the smooth operation of the inventory scanning application. The 3D mapping took place just recently at the customer’s site consisting of scanning and mapping the warehouse area to create a 3D map that automates the drone flight path and its operations while in production.

    View video showing the IQ Nano in test flight here.

    The production phase is set to begin imminently and will consist of the IQ Nano flying and reading product and component bar codes, collecting information for verification and integration with the customer’s inventory management and accounting systems.

    “We look forward to the production phase and concluding a successful trial, proving the viability of the IQ Nano and enabling us to deliver our product to our customer. A successful trial also opens the potential to win additional business with this customer and to verifiably demonstrate IQ Nano’s utility for the benefit of attracting additional market interest. The revolutionary use of an indoor drone for productivity and cost savings value can be implemented across hundreds of warehouse facilities, turning a week-long activity like counting inventory into a day,” said CEO Shaun Passley, Ph.D. – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

    Additional Groundbreaking ZenaTech Inc. Developments this week include:

    ZenaTech Enters the Drone Sensor and Components Market Establishing a New Taiwan Subsidiary to Win More US Defense Contracts for Its AI Drones – ZenaTech also announced it will establish a new company in Taiwan to manufacture drone sensors and components for use in the drone products produced by its subsidiary ZenaDrone. The new company, named Spider Vision Sensors Ltd., will ensure ZenaDrone’s products are compliant with the US National Defense Authorization Act (NDAA), an important requirement for the company to win more business with the US Military.

    Spider Vision Sensors Ltd. will manufacture drone sensors, electronics, and components such LiDAR (Light Detection and Ranging), thermal, infrared, multi-spectral and hyper sensors, cameras, and PBCs (Printed Circuit Boards). Having in-house manufactured sensors and components will enable ZenaDrone to have a steady supply to fulfill customer orders and drone production needs at its Sharjah, UAE, and future Arizona-based drone manufacturing facilities. Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. The new company is currently at the prototype stage, and the manufacturing facility is expected to be open in November.

    “Establishing a drone sensor and components manufacturer in Taiwan will help bring our products to market faster and removes dependencies on any Chinese made electronics. This will position us to win more US military contracts via achieving Green UAS (Uncrewed Arial Systems) and Blue UAS certifications as an approved supplier,” said CEO Shaun Passley, Ph.D. Read this full release at: https://finance.yahoo.com/news/zenatech-enters-drone-sensor-components-113000155.html

    Other recent developments in the technology industry include:

    Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, recently announced that it will publish financial results for the third quarter 2024 after the close of market on Thursday, November 7th. Management will discuss the Company’s operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).

    The call will be available at www.kratosdefense.com. Participants may register for the call using this Online Form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. For those who cannot access the live broadcast, a replay will be available on Kratos’ website.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, recently announced the appointment of Kevin Lowdermilk to the Company’s board of directors effective October 25, 2024.

    Company CEO, Bill Irby, commented, “It is a privilege to have Kevin join our board. His distinguished career and leadership in some of the most challenging technology sectors speak to his ability to drive success through vision, strategy and execution. We are grateful to work alongside him and leverage his expertise to support the future expansion of our global footprint in both government and commercial verticals, as we position the Company for long-term shareholder value.”

    EHang Holdings Limited (NASDAQ: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, recently announced it has entered into a strategic partnership with the Civil Aviation Flight University of China (the “CAFUC”). Building upon the CAFUC’s extensive expertise in civil aviation education, research, and talent development, the two parties will collaborate on cultivating skilled personnel, including operators and maintenance staffs for EHang’s pilotless electric Vertical Take-Off and Landing (“eVTOL”) aircraft, and their training for personnel licenses and operational supervision. This partnership aims to address the surging demand for talents in the low-altitude economy and foster the sustainable, high-quality development of the civil unmanned aerial vehicle (“UAV”) industry.

    During a briefing of the State Council Information Office of China on October 8, 2024, Chunlin Li, Vice Chairman of the National Development and Reform Commission (“NDRC”), highlighted the booming low-altitude economy and the rising demand for UAV operators. It is estimated that China faces a talent shortage of up to 1 million in this field. The NDRC will continue enhancing job creation efforts and driving the development of strategic emerging industries such as the low-altitude economy and future industries.

    Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that its wholly-owned subsidiary Ondas Autonomous Systems Inc. (“OAS”) has entered into an investment agreement with a private investor group, including Charles & Potomac Capital, LLC (“Charles & Potomac”) and Privet Ventures LLC (“Privet Ventures”), for an investment of $3.5 million in convertible notes of OAS. The investment in OAS will support OAS’ business expansion plan and deliver on the substantial growth opportunity in the defense, security, and critical infrastructure and industrial markets targeted by OAS’ Optimus and Iron Drone autonomous drone platforms.

    “We are pleased to secure this initial investment to support the exceptional growth opportunities created by our OAS team across Airobotics and American Robotics,” said Eric Brock, Chairman and CEO of Ondas Holdings and OAS. “Indeed, we have a responsibility to now expand operations and accelerate growth at OAS to meet the urgent needs for security and intelligence for our critical military, government and industrial customers. I am personally investing $1.0 million in this transaction, via Privet Ventures, signaling my firm belief in the substantial value we are creating for all stakeholders including the investors in OAS and Ondas Holdings.”

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: KingsRock Advisors Announces Expanded Presence in the US with Additional Senior Hires and Transactions

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today that it has expanded its presence in the US, with the opening of a new office in New York and the addition of senior bankers, including a new Managing Partner to accelerate the growth of KingsRock’s capital solutions and corporate finance business.

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently, with additional hires pending:

    New York

    Paul Young, Managing Partner, former Salomon/Citi, MUFG and Apollo
    Tammer Fahmy, Managing Director, former Morgan Stanley, Silver Swan
    Paul Bitler, Managing Director, former Salomon/Citi
    Scott Dauer, Managing Director, former JP Morgan
    Wit Derby, Managing Director, former Bear Stearns, MUFG

    Gregory Raykher, Managing Director, former ORIX USA, Commerzbank
    Aidan Livingston, Senior Associate, former Deutsche Bank
    Huanjie Yuan, Senior Associate, former Deutsche Bank

    California

    Erich Griffin-Mauff, Managing Director, former Deutsche Bank
    Sud Subramanian, Managing Director, former JP Morgan, Deutsche Bank

    “We are excited to welcome our new Managing Partner, Managing Directors, and Senior Associates to KingsRock as we continue to expand the global reach of our capital solutions business. Our commitment to strengthening our partnership model will further enhance our ability to serve our credit, corporate and sponsor clients in the US and internationally. In the near term, we will share more details about our European expansion, and our growing partnerships beyond Europe to support clients worldwide,” said Hakan Wohlin, Founder & Managing partner and Louis Jaffe Co-Founder, Managing Partner.

    KingsRock is also pleased to announce the closing of several US transactions in 2024, including a significant programmatic sale leaseback of community and regional bank branches. KingsRock advised Mountainseed, an Atlanta based company serving the U.S. banking community with a range of services and solutions, and after running a competitive process, paired them with a globally established institutional investor. This investor committed up to $2 billion to support this strategy.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of over 20 professionals who advise on a wide range of private capital markets transactions including debt, hybrid capital, equity and M&A with structures ranging from plain vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 115 independent Senior Advisors across 45 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA, member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel. 

    Info@kingsrock.com

    Download press release PDF here

    The MIL Network –

  • MIL-OSI Banking: BSTDB Partners with Evocabank to Strengthen SME Financing in Armenia

    Source: Black Sea Trade and Development Bank

    Press Release | 31-Oct-2024

    Facility tailored to strengthen small businesses and boost regional trade 

    The Black Sea Trade and Development Bank (BSTDB) has initiated a new partnership in Armenia by providing USD 10 million to Evocabank. With USD 9 million of the loan dedicated to financing small and medium-sized enterprises (SMEs) and USD 1 million for trade finance operations, the BSTDB facility is specifically designed to address the capital expenditure and working capital needs of Armenian SMEs, including those engaged in trade with other countries in the Black Sea region. Evocabank will utilize these funds to support domestic SMEs, helping them deliver their investment programmess, expand into new markets, and strengthen their competitiveness and export capabilities.

    As a new partner for BSTDB in Armenia, Evocabank’s advanced digital channels and extensive branch network, will play a crucial role in delivering this support to SMEs across Armenia. This collaboration opens new opportunities for Armenian companies to engage in cross-border trade and foster stronger economic ties within the region, in line with BSTDB’s mandate to promote intra-regional cooperation.

    Upon signing the loan agreement, Dr. Serhat Köksal, BSTDB President said: “Supporting the development of the SME sector is a core strategic priority for BSTDB, not just in Armenia but across all our member countries. Small and medium-sized enterprises are the backbone of any economy, and in Armenia, they play a crucial role in driving growth, innovation, and employment.  The funds we are providing will support these businesses in enhancing their operations and building resilience, ultimately contributing to the overall development and sustainable growth of the country’s economy.”

    Karen Yeghiazaryan, Chairman of the Management Board of Evocabank, said: “We are excited to announce a transformative partnership with The Black Sea Trade and Development Bank, aimed at boosting Armenia’s micro, small, and medium-sized enterprise sector. This collaboration marks a significant milestone, with BSTDB providing a substantial investment of USD 10 mln to Evocabank. Of this, USD 9 mln will be directed to empowering SMEs, while USD 1 mln will facilitate trade finance operations. This initiative is tailored to address the challenges faced by Armenian SMEs, ensuring they have the necessary means for growth and innovation. By supporting enterprises involved in trade within the Black Sea region, we are not only enhancing their operational capacity but also fostering a more robust and competitive business landscape. At Evocabank, we are committed to leveraging these funds to help local SMEs realize their investment goals, expand into new markets, and enhance their competitiveness and export potential.”

    Founded in 1990, Evocabank is the first registered commercial bank in Armenia with over 34 years of experience in the banking market. Headquartered in Yerevan, Evocabank provides inclusive financial services to individuals, MSMEs, and larger businesses through its extensive network in Yerevan and regions. The bank is aimed at delivering financial services with extensive application of the latest technologies in a fast, simple and convenient way, operating in a mobile- first format. Focused on innovative digital approach Evocabank is one of the fastest growing banks in Armenia. The bank has received a number of international awards including “The Best SME Bank of Armenia” and “The Best Digital Bank of Armenia” awards by Global Finance Magazine. More information at: www.evoca.am

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact:

    Haroula Christodoulou

    : @BSTDB

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: FMQs: Greens call on SNP to reverse cuts to climate budgets and free school meals

    Source: Scottish Greens

    31 Oct 2024 Climate Climate Action

    The Scottish Government must reverse the cuts it made to key budgets.

    More in Climate

    The First Minister must use any new funding from Westminster to reverse the damaging cuts that the Scottish Government has made to climate and nature budgets, says Scottish Green Co-leader Lorna Slater.

    Speaking at First Minister’s Questions, Ms Slater underlined the importance of nature restoration and walking, wheeling and cycling infrastructure in hitting Scotland’s climate targets.

    In her first question, Ms Slater said:

    “Yesterday the UK Government presented a budget that they claim will put £1.5bn back into the Scottish Government’s budget for this year. 

    “This money should ensure that some of the most damaging cuts announced by the Scottish Government earlier this year should not now need to go ahead. 

    “Spending on the climate and nature emergencies is essential to ensure our planet has a liveable future. Whilst the Scottish Greens were in government, climate and nature spending reached record levels.

    “Will the First Minister commit to using the additional funding announced yesterday for this financial year to restore the funding cuts to the Nature Restoration Fund and active travel budgets, and does this mean that the Scottish Government no longer needs to use up all of the ScotWind funding which was supposed to be invested in our Green future?”

    Following an answer from the First Minister, in which he did not commit to reversing the vast in-year cuts that have been made, Ms Slater called for the First Minister to halt his recent U-turn on rolling out universal free school meals for all primary school pupils.

    Ms Slater said:

    “That’s very disappointing to hear about this year, I’ll ask the First Minister about next year.

    “One of our proudest moments for the Scottish Greens during our time in Government was rolling out free school meals for all children in primary 4 and 5, because we know it’s a simple and effective way to address the impacts of child poverty and make sure every child has the best chance at school.

    “We were on course to expand that to every child in primary school by the end of this session of Parliament, until the Scottish Government put in an indefinite delay on the rollout in this year’s programme for Government. 

    “Given the predicted £3.4bn due to be added to next year’s Scottish Budget, will the First Minister reinstate the promise to deliver free school meals for the remaining pupils in primary 6 and 7 by 2026, as endorsed by this Parliament just a few weeks ago?”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Dmitry Chernyshenko held meetings with Russian teachers and youth of Uzbekistan in Tashkent

    Translation. Region: Russian Federation –

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

    During his working visit to Uzbekistan, Dmitry Chernyshenko talked with teachers who are participants in projects of the Russian Ministry of Education. With the Minister of Education Sergey Kravtsov and the head of the Department of Social Development of the Administration of the President of the Republic of Uzbekistan Odil Abdurakhmanov

    October 31, 2024

    Dmitry Chernyshenko at a meeting with participants of youth projects and programs in Uzbekistan, implemented by the Russian Federation

    October 31, 2024

    Dmitry Chernyshenko at a meeting with participants of youth projects and programs in Uzbekistan, implemented by the Russian Federation

    October 31, 2024

    greeted the participants of the international motor rally of the project “The Path of the Future Games Trophy 2.0” and gave the start to the Tashkent – Jizzakh stage

    October 31, 2024

    Dmitry Chernyshenko greeted the participants of the international motor rally of the project “The Path of the Future Games Trophy 2.0” and gave the start to the Tashkent – Jizzakh stage

    October 31, 2024

    Previous news Next news

    Dmitry Chernyshenko, as part of a working visit to Uzbekistan, talked with teachers who are participants in projects of the Russian Ministry of Education. With the Minister of Education Sergey Kravtsov and the head of the Department of Social Development of the Administration of the President of the Republic of Uzbekistan Odil Abdurakhmanov

    During his working visit to Uzbekistan, Deputy Prime Minister of Russia Dmitry Chernyshenko spoke with teachers participating in humanitarian projects implemented by the Russian Ministry of Education: “Russian Teacher Abroad”, “Class!” (“Zur!”) and “Baby” (“Mittivoi”).

    The Deputy Prime Minister emphasized the importance of the work of Russian teachers, who make a significant contribution to the development of bilateral relations between Uzbekistan and Russia.

    “The project “Russian Teacher Abroad” is developing in almost 30 countries. Uzbekistan is one of the leaders in the number of Russian teachers, which emphasizes the importance of bilateral cooperation in the field of education between our countries and the corresponding attitude of our Presidents to this. I know that you closely interact with your Uzbek colleagues and introduce advanced educational technologies here. It is important to build a continuous educational trajectory between specialists from Uzbekistan and Russian business,” the Deputy Prime Minister emphasized.

    Dmitry Chernyshenko thanked the teachers for their dedicated work and promotion of the Russian language and culture in the republic.

    “We are doing a lot of work within the framework of the “Class!” project. Teachers from the Russian Federation undergo appropriate training and advanced training at the A.I. Herzen Russian State Pedagogical University in St. Petersburg. Then they come to the Republic of Uzbekistan and teach Russian, exchanging experiences with local teachers,”– noted the Minister of Education of Russia Sergei Kravtsov.

    The head of the Russian Ministry of Education added that the Russian side is also ready to provide methodological assistance so that the training of in-demand specialists here is carried out at a high level.

    During the event, participants also discussed the Russian federal project “Professionalism” and textbooks on Russian as a foreign language.

    At a meeting with participants in youth projects and programs implemented by the Russian Federation, the Deputy Prime Minister noted the significance and legacy of the World Youth Festival and discussed strengthening international youth relations between Uzbekistan and Russia.

    The topic of projects and initiatives that are planned to be implemented within the framework of the 80th anniversary of Victory in the Great Patriotic War was separately touched upon.

    In addition, they discussed ways to increase young people’s interest in science and issues of media literacy.

    “You know that our country pays a lot of attention to the international youth agenda. Some of you personally took part in the World Youth Festival, which took place in the federal territory of Sirius. When organizing such an event, it was very important for us that young people from all over the world, including from our fraternal Republic of Uzbekistan, come, look at the created infrastructure and participate in the events,” said Dmitry Chernyshenko.

    He also noted the importance of Uzbekistan’s support for phygital sports and the Future Games.

    “The delegation of Uzbekistan was one of the largest at the World Youth Festival. More than 300 young people from all corners of our country participated in the festival, had the opportunity to find new friends to learn about the experience of countries around the world, and also to demonstrate the unique experience of Uzbekistan in working with youth,” emphasized the moderator of the event, head of the Volunteer Association of Uzbekistan Shirin Abidova.

    During the meeting, Dmitry Chernyshenko awarded the commemorative medal “World Youth Festival 2024” to representatives of Uzbekistan and Russia who made a great contribution to the preparation and holding of this large-scale event. The medals were awarded in accordance with the order of Russian President Vladimir Putin.

    The meeting was also attended by Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Uzbekistan Oleg Malginov, Deputy Head of Rosmolodezh Denis Ashirov, Head of the Representative Office of Rossotrudnichestvo in the Republic of Uzbekistan Irina Staroselskaya, Head of the Department of Social Development of the Administration of the President of the Republic of Uzbekistan Odil Abdurakhmanov, First Deputy Director of the Agency for Youth Affairs of the Republic of Uzbekistan Dilnozahon Kattakhanova.

    “Rosmolodezh is pursuing a course to strengthen international youth relations. It is important for us to help young people from Russia and other countries find common ground in various spheres of activity. Joint projects and programs are a contribution to the development of modern society and the construction of a happy future,” emphasized State Secretary – Deputy Head of the Federal Agency for Youth Affairs (Rosmolodezh) Denis Ashirov.

    The Deputy Prime Minister of Russia also greeted the participants of the international motor rally of the Future Games Trophy Route 2.0 project and gave the start to the Tashkent – Jizzakh stage.

    The Deputy Prime Minister recalled that the run started in October at the Russia – Sports Power forum in Ufa. It will pass through the territory of eight states – participants of the global phygital movement.

    “Phygital and Future Games are a new competition format that was invented in Russia on the instructions of President Vladimir Putin and became known to the entire world. We know the intention of your head of state and the people of Uzbekistan to also be nominated to host the Future Games in your country. I thank the leadership of the republic and everyone who works with young people for their caring attitude to this format, which allows new stars to develop, who show themselves well both in computer games and in real sports,” said Dmitry Chernyshenko.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI USA: Remarks by President  Biden and President Nikos Christodoulides of the Republic of Cyprus Before Bilateral  Meeting

    US Senate News:

    Source: The White House
    Oval Office
    12:06 P.M. EDT
    PRESIDENT BIDEN:  Well, Mr. President, welcome.  Welcome to the Oval Office.
    PRESIDENT CHRISTODOULIDES:  Thank you very much, Mr. President.
    PRESIDENT BIDEN:  Good to see you.  Good to see you.
    It was 10 years ago when I visited Cyprus last, as vice president of the United States.  And — and, as I said, there is no limit to what our nations can achieve if we work together. 
    PRESIDENT CHRISTODOULIDES:  Exactly.
    PRESIDENT BIDEN:  And we’ve been doing that for a long time. 
    But I think that’s even more true today.  Today, we stood against Russia’s vicious onslaught against Ukraine.  We launched a strategic dialogue to increase cooperation across a range of issues, from energy security to artificial intelligence.  And we surged humanitarian aid, delivering 8,000 metric tons to Gaza. 
    So, Mr. President, Cyprus made all this possible.  I want thank you for your leadership in making that happen. 
    And this year also marks the 50th anniversary of the artificial division of the island.  I remember it well.  It was my first year as a U.S. senator.  I remember sitting with (inaudible) — anyway, it’s — it’s a sad day.
    PRESIDENT CHRISTODOULIDES:  (Inaudible.)
    PRESIDENT BIDEN:  But as a — it was a sad occasion, but I remain optimistic about the possibility that a u- — reunited Cyprus and bizonal, bicommunal federation is possible.  And the United States ready — stands ready to provide any support we can toward that goal. 
    Mr. President, thank you, again, for being here, and I look forward to our conversation.
    The floor is yours.
    PRESIDENT CHRISTODOULIDES:  Mr. President, it’s a great honor to be at the White House.  Thank you very much for your invitation.
    As you very well know, our countries have been — have built a truly strategic partnership and — and our relations — our relations are at a strategic and historical high.
    At the bilateral level, we are working closely on defense and security, on energy, law enforcement, technology innovation.  There is a top potential, and there is a clear and strong political will from both countries, following also the first strategic dialogue that took place in Cyprus last week to further enhance our partnership.
    Mr. President, at — at the regional level, Cyprus is a predictable and reliable partner of the United States in a region of great geopolitical importance.  We are the member state of the European Union in the region.  We have excellent relations with all of our neighbors.  And we’re working closely with the United States and other partners to face the current challenges, to send much-needed humanitarian assistance to Gaza, to evacuate third-country nationals from — from the region.
    With regards to — to Ukraine, Cyprus stands on the right side of history.  And, Mr. President, it could have been different, having in mind that my country is under Turkish occupation the last 50 years.  
    And, Mr. President, I count on your support and the support of the United States to resume negotiations and find a solution of the Cyprus problem — solution in line with the U.N. Security Council resolution, solution that is based on our common values and principles: democracy and respect of human rights.
    So, Mr. President, once again, thank you very much.  I’m looking forward to our discussions.  Thank you very much.
    PRESIDENT BIDEN:  I’m looking forward to it as well.  You’re a good friend.  (Inaudible.)
    PRESIDENT CHRISTODOULIDES:  Thanks.  Thank a lot.
    12:20 P.M. EDT

    MIL OSI USA News –

  • MIL-OSI USA: A Proclamation on National Diabetes Month,  2024

    US Senate News:

    Source: The White House
         Over 38 million Americans, or 1 in every 10 people, have diabetes.  During National Diabetes Month, we raise awareness about this chronic condition and promote the strategies that can prevent and manage it.  We recommit to making treatment more affordable and accessible.  And we strengthen our resolve to find cures.
         Diabetes takes a physical and financial toll on Americans nationwide, and many Americans must decide between paying for treatments and putting food on the table.  Insulin — a life-saving drug for some people with diabetes — can cost Americans upwards of $300, even though it costs drug companies as little as $10 per vial to make.  Some Americans end up rationing their medication, which can have serious effects on their health and well-being.  While Big Pharma makes record profits, Americans pay exorbitant prices — higher than anywhere else in the world.  It is unacceptable.  No one should have to lie awake at night wondering if they can afford their medical bills or their insulin prescription.
         Since I came into office, I have worked to ensure that health care is a right in this country, not a privilege — and that meant lowering the cost of insulin.  That is why my Administration took on Big Pharma and won.  I signed the Inflation Reduction Act, which capped the cost of insulin at $35 for people on Medicare.  And the largest manufacturer of insulin in the United States answered my call to lower the cost to $35 per month for everyone.  My Inflation Reduction Act also empowered Medicare to negotiate lower drug prices, lowering the costs of medications used to treat common diseases, including drugs that treat diabetes.  Further, that law requires drug companies that raise prices faster than inflation to pay Medicare back the difference, saving seniors up to $618 per dose of medication.  Moreover, beginning in 2025, the Inflation Reduction Act will cap total out-of-pocket drug costs at $2,000 per year for people on Medicare.  There is still more to do, but this will help ensure Americans — including those with diabetes — have the dignity, security, and peace of mind they deserve.
         My Administration is also working to drive new breakthroughs in preventing, detecting, and treating diabetes while ensuring that Americans have the resources they need to lead healthy lifestyles.  I secured $4 billion for the Advanced Research Projects Agency for Health to make strides in transforming the prevention, detection, and treatment of deadly diseases like diabetes.  We have seen enormous research advances in recent years to develop promising new diabetes drugs, including the first cell therapy for adults with Type 1 diabetes and the first new oral medication for children with Type 2 diabetes in decades.  At the same time, we recognize that the impact of Type 2 diabetes can be greatly decreased through improvements in nutrition and physical activity.  My Administration announced new standards for school meals to improve their nutritional value and give schools the option to require locally produced, unprocessed menu ingredients.  We also held the first White House Conference on Hunger, Nutrition, and Health in over 50 years, bringing together advocates, health care providers, food companies, and officials from every level of government.  As a part of that conference, we launched the White House Challenge to End Hunger and Build Healthy Communities.  In total, we have secured more than $10 billion in bold, new commitments from the public and private sectors to end hunger and reduce diet-related diseases like diabetes.
         My Administration also recognizes that tens of millions of Americans have prediabetes and are at risk of developing Type 2 diabetes within 5 years.  Diabetes increases one’s risk of heart attack, cancer, stroke, blindness, kidney failure, and the loss of toes, feet, or legs.  Many of these cases are preventable, and the risk factors are often related to poor nutrition and inadequate physical activity.  To learn more about the risks and how to address prediabetes and help prevent Type 2 diabetes, visit the Centers for Disease Control and Prevention National Diabetes Prevention Program:  cdc.gov/diabetes-prevention. 
         During National Diabetes Month, we celebrate the resilience and courage of all those affected by diabetes.  We thank the dedicated medical professionals, loved ones, and advocates who support this community.  And we recommit to working around the clock to improve care for those affected and get us closer to finding cures.
         NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim November 2024 as National Diabetes Month.  I call upon all Americans, school systems, government agencies, nonprofit organizations, health care providers, research institutions, and other interested groups to join in activities that raise diabetes awareness and help prevent, treat, and manage this disease.
         IN WITNESS WHEREOF, I have hereunto set my hand this thirty-first day of October, in the year of our Lord two thousand twenty-four, and of the Independence of the United States of America the two hundred and forty-ninth.
                                 JOSEPH R. BIDEN JR.

    MIL OSI USA News –

  • MIL-OSI USA: A Proclamation on National Family Caregivers Month,  2024

    US Senate News:

    Source: The White House
         Family caregivers are the backbone of our Nation, making tremendous sacrifices to be there for the people who need and cherish them most.  This month, we honor their selfless love and courage, and we recommit to getting them the support they deserve.  They should know their country has their backs.
         For far too long, the cost of care in this country has been too high.  Today, millions of Americans are part of the so-called sandwich generation, caring for both young kids and aging parents at the same time.  Too many families struggle to afford help, spending their own retirement savings to pay for the care of their loved ones or quitting their own jobs to stay home and provide it themselves.  Most often, it is women who bear the brunt of care work.  And the pay for professional care workers is far too low.    
         In the United States of America, no one should have to choose between caring for a parent who raised them, a child who depends on them, and a paycheck that they need.  That is why I signed the American Rescue Plan, which made the biggest investment in child care ever.  It delivered historic support to over 225,000 child care programs serving as many as 10 million children across the country, helping keep their doors open for millions of working families who rely on them.  It expanded the Child Tax Credit, which helped cut the child poverty rate nearly in half.  Overall, my Administration increased funding for child care by nearly 50 percent while helping States expand and strengthen programs that enable low-income families afford child care as well.  We also required companies seeking significant Federal funding from our CHIPS and Science Act to submit a plan on how they will help employees access affordable child care.  
         We have finalized new rules that strengthen staffing standards in nursing homes to ensure residents can age with dignity.  We have made sure that home care workers get a bigger share of Medicaid payments so more Americans can keep living in their own communities and homes.  And we have worked to increase Medicare resources to promote equitable access to care and caregiver training.  
         But we have to do more to ease the load on America’s 50 million unpaid family caregivers, who too often still shoulder the burden of care all alone.  Through the American Rescue Plan, we devoted $145 million to the National Family Caregiver Support Program, which delivers counseling, training, and short-term relief to family caregivers and other informal care providers.  Furthermore, my Administration released the first-ever National Strategy to Support Family Caregivers, which includes new initiatives that directly support family caregivers and strengthen existing programs.  And I signed a historic Executive Order, representing the most comprehensive set of administrative actions ever to increase access to high-quality child care and long-term care and support for caregivers, including military and veteran caregivers.  The Executive Order is working to make sure caregivers get the support they deserve while building the supply of high-quality care so families have options.  My Administration is continuing to work toward lowering the cost of care across the country and providing stronger paid family and medical leave. 
         How we treat our young children, aging parents, and loved ones and how we value those who care for them are fundamental to who we are as a Nation.  During National Family Caregivers Month, we pledge to get every family caregiver in this country the same kind of relief, respect, and support that they give so selflessly to others.
         NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim November 2024 as National Family Caregivers Month.  I encourage all Americans to reach out to those who provide care for our Nation’s family members, friends, and neighbors in need to recognize, honor, and thank them.
         IN WITNESS WHEREOF, I have hereunto set my hand this thirty-first day of October, in the year of our Lord two thousand twenty-four, and of the Independence of the United States of America the two hundred and forty-ninth.
                                 JOSEPH R. BIDEN JR.

    MIL OSI USA News –

  • MIL-OSI Canada: Premier’s statement on Bandi Chhor Divas

    Source: Government of Canada regional news

    Media Contacts

    Office of the Premier

    Media Relations
    premier.media@gov.bc.ca

    https://news.gov.bc.ca/31762

    MIL OSI Canada News –

  • MIL-OSI USA: A Proclamation on National Alzheimer’s Disease Awareness Month,  2024

    US Senate News:

    Source: The White House
         Too many Americans know the pain of losing a loved one to Alzheimer’s — a leading cause of death in older adults.  During National Alzheimer’s Disease Awareness Month, we honor the courage and resilience of all those facing this devastating disease.  We recommit to supporting every caregiver who pours their heart into helping people with Alzheimer’s face this disease with dignity.  And we strengthen our resolve to do everything we can to prevent, treat, and eliminate Alzheimer’s as we know it.
         Currently, over six million Americans have Alzheimer’s disease, which robs people of their memories, clarity, and identity — taking a difficult emotional, financial, and physical toll on people facing the disease and the loved ones standing by their side.  Alzheimer’s also disproportionately impacts African Americans and Latino Americans, who are more likely to develop dementias than people of any other race or ethnicity.  People with Down syndrome also have a higher risk of developing Alzheimer’s.
         My Administration has taken steps to drive new breakthroughs toward preventing, detecting, and treating Alzheimer’s.  I secured $4 billion for the Advanced Research Projects Agency for Health, directing funding to researchers and innovators who are pioneering new techniques and technologies to transform the lives of people with Alzheimer’s and improve human health outcomes.  I was also proud to sign the reauthorization of the National Alzheimer’s Project Act and the Alzheimer’s Accountability and Investment Act, ensuring the Federal Government is doubling down on our commitment to address Alzheimer’s disease and related dementias.  The National Institutes of Health is funding new clinical trials that are doing cutting-edge work to improve the lives of people with Alzheimer’s — from pursuing new drugs that could prevent and treat dementia to improving cognition and memory for those who have it.
         My Administration is committed to supporting the caregivers who care for people with Alzheimer’s.  I signed the Executive Order on Increasing Access to High-Quality Care and Supporting Caregivers — the most comprehensive set of executive actions any President has ever taken to improve care for hardworking families while supporting care workers and family caregivers.  In response, the Centers for Medicare and Medicaid Services (CMS) launched the GUIDE Model, which offers a package of respite services, caregiver support and education, and care management and coordination for people living with Alzheimer’s and related dementias.  CMS is also continuing to increase access to cognitive care assessments so more people with Alzheimer’s get the resources and care they need.  And the Centers for Disease Control and Prevention is working to increase access to early detection, prevention, and treatment of dementias like Alzheimer’s.
         During National Alzheimer’s Disease Awareness Month, we recommit to improving the prevention and treatment of Alzheimer’s disease.  We honor all the lives we have lost and all those we can still save.  And we uplift the spirit of hope that countless medical professionals, researchers, and caregivers working to help people with Alzheimer’s carry each day.
         NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim November 2024 as National Alzheimer’s Disease Awareness Month.  I call on the people of the United States of America to honor and support those living with Alzheimer’s and the many people who continue extraordinary and tireless efforts to combat this disorder and care for those affected by it.  I encourage all Americans to visit Alzheimers.gov for evidence-based resources and information.
         IN WITNESS WHEREOF, I have hereunto set my hand this thirty-first day of October, in the year of our Lord two thousand twenty-four, and of the Independence of the United States of America the two hundred and forty-ninth.
                                   JOSEPH R. BIDEN JR.

    MIL OSI USA News –

  • MIL-OSI USA: Congresswoman Torres Celebrates Announcement of New Nonstop Destination Flight from Ontario International Airport to Baltimore Washington International

    Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California)

    October 31, 2024

    Bringing California’s 35th District Closer to Our Nation’s Capital

    Washington D.C. – Today, Congresswoman Norma J. Torres, a senior member of the House Appropriations Committee and member of the Transportation, Housing, and Urban Development Subcommittee which oversees federal aviation spending, released the following statement following the announcement of a new, non-stop flight route from Ontario International Airport (ONT) to Baltimore Washington International Airport (BWI). Fostering connections between California’s 35th district and our nation’s Capital is essential for supporting the continued growth of Southern California’s airport, ensuring it meets the rising demand for air travel to the East Coast.

    “Today’s announcement of the first non-stop flight route from Ontario International Airport (ONT) ever to Washington, D.C. at Baltimore Washington International Airport (BWI) is a significant win for our community and the economy of the Inland Empire. Our area is one of the fastest growing population centers in the entire United States, so I am thrilled to see the Inland Empire’s primary airport expanding its reach, making travel more accessible for our residents, civic leaders, advocates, and businesses to the nation’s capital,” said Congresswoman Norma Torres. “This achievement is a testament to the importance of regaining local control of Ontario Airport years ago and the importance of proactive and strategic transportation decisions. Together, we’ve worked hard to secure crucial funding through THUD appropriations, which supports vital projects at our airports. I look forward to seeing the positive impact this new route will have on our region.”

    Background: Since entering Congress, Congresswoman Norma Torres has been a steadfast advocate for the Ontario International Airport (ONT), facilitating its transfer from the city of Los Angeles to the Ontario International Airport Authority. Strategically located at the heart of a vital freight movement system, ONT plays a crucial role in stimulating economic activity in the region and provides local businesses with convenient access to broader markets. To advance local control of the airport, Congresswoman Torres worked with bipartisan colleagues to pass essential legislation that implements the agreement between ONT and LAX. Now that the community has local control, she is focused on enhancing accessibility through public transit initiatives and has supported substantial funding for various projects at ONT, including $15.9 million for runway and taxiway improvements, $2.52 million for low-emission equipment, and $24.82 million for airport concessions that create good-paying jobs. The Congresswoman also led the Inland Empire delegation last year in sending a letter to the House Transportation Committee advocating for more slots for Ontario to get a nonstop flight to Washington, D.C.  As Co-Chair of the bipartisan Air Cargo Caucus, she is committed to supporting ONT’s growth as a leading air cargo airport in the U.S. and has worked to secure international flights to Central America, further bolstering the region’s economic development. As Congressional Hispanic Caucus (CHC) FAA Reauthorization Chair, the Congressman also spearheaded aviation efforts and priorities for the Caucus. 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Robin Kelly to Introduce Bill to Prevent High-Risk People from Buying Guns

    Source: United States House of Representatives – Congresswoman Robin Kelly IL

    WASHINGTON – Congresswoman Robin Kelly (IL-02) will introduce a bill tomorrow to prevent people with violent misdemeanors from owning or buying a firearm. The Keeping Guns from High-Risk Individuals Act prevents guns from falling into the hands of people with high-risk behaviors such as stalking, violent hate crimes, and domestic violence.

    “I’ve introduced the Keeping Guns from High-Risk Individuals Act every Congress because dangerous individuals shouldn’t be able to easily access firearms,” said Congresswoman Robin Kelly (IL-02), Vice Chair of the Gun Violence Prevention Task Force. “If someone has a history of violent behaviors, it’s simply common sense to prevent that person from buying or owning a gun. Whenever a gun is present in a high-risk situation – whether that be a domestic violence emergency or hate crime – it instantly escalates the chances of injury or death. We should prevent a gun from entering the situation in the first place.”

    According to Everytown for Gun Safety, states with similar laws have seen an 18% reduction in all homicides.

    The Keeping Guns from High-Risk Individuals Act implements the following:

    • Prohibits people convicted of a violent misdemeanor offense from purchasing or possessing firearms for a period of five years from the date of conviction.
    • Juveniles convicted of violent crimes are prohibited from purchasing a firearm until they reach the age of 25.
    • Individuals specifically convicted of stalking are prohibited from purchasing or possessing firearms.

    The Keeping Guns from High-Risk Individuals Act has been endorsed by several nationwide gun violence prevention organizations: Brady, Community Justice, Everytown for Gun Safety, GIFFORDS, March for Our Lives, and 97Percent.

    MIL OSI USA News –

  • MIL-OSI USA: Don’t Wait! Saturday is the Final Day to Apply for FEMA Assistance

    Source: US Federal Emergency Management Agency

    Headline: Don’t Wait! Saturday is the Final Day to Apply for FEMA Assistance

    Don’t Wait! Saturday is the Final Day to Apply for FEMA Assistance

    Oct. 31, 2024DR-4787-WV NR-015FEMA News Desk: 215-931-5597FEMAR3NewsDesk@fema.dhs.govNews releaseDon’t Wait! Saturday is the Final Day to Apply for FEMA AssistanceCHARLESTON, W.Va. – Saturday is the final day for residents in Boone, Hancock, Kanawha, Marshall, Ohio, Roane, Wetzel and Wood counties to apply for FEMA Assistance if they had damages during the April 11-12, 2024, storms, floods, and landslides. THE DEADLINE TO APPLY IS SATURDAY, NOV. 2, 2024.FEMA assistance for individuals and families affected by the flooding can cover home repairs, personal property losses and other disaster-related needs not covered by insurance.The easiest way to apply for FEMA assistance is online at DisasterAssistance.gov or by phone at 800-621-3362. The toll-free telephone line operates from 7 a.m. to 11 p.m., seven days a week. If you use a relay service, such as video relay service (VRS), captioned telephone service or others, give FEMA the number for that service.Saturday, Nov. 2, 2024, is also the final deadline to apply for a U.S. Small Business Administration disaster loan. Applicants can apply online at sba.gov/disaster, call SBA’s Customer Service Center at (800) 659-2955, or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay service.For more information on West Virginia’s disaster recovery, visit emd.wv.gov, West Virginia Emergency Management Division Facebook page,www.fema.gov/disaster/4787 and www.facebook.com/FEMA.###FEMA’s mission is helping people before, during and after disasters. FEMA Region 3’s jurisdiction includes Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia and West Virginia.Follow us on X at x.com/FEMAregion3 and on LinkedIn at linkedin.com/company/femaregion3.Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency or economic status. If you or someone you know has been discriminated against, call FEMA toll-free at 833-285-7448. If you use a relay service, such as video relay service (VRS), captioned telephone service or others, give FEMA the number for that service. Multilingual operators are available (press 2 for Spanish and 3 for other languages). 
    issa.mansaray
    Thu, 10/31/2024 – 14:30

    MIL OSI USA News –

  • MIL-OSI USA: Disaster Recovery Center in Galax, Va. Will Open Nov. 2

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center in Galax, Va. Will Open Nov. 2

    Disaster Recovery Center in Galax, Va. Will Open Nov. 2

    BRISTOL, Va.– A Disaster Recovery Center (DRC) will be opening in Galax at 816 Glendale Rd. on Saturday November 2, 2024, at 8 a.m. Disaster survivors can visit any DRC to receive assistance. This will be the ninth DRC open in the impacted area; to find the DRC closest to you, including addresses and hours, visit FEMA.gov/drc or text DRC and a ZIP code to 43362. A Disaster Recovery Center is an accessible facility that survivors can visit in person to learn more about FEMA and other agencies providing disaster assistance in Virginia. Residents, property owners, and business owners can go to a DRC to apply for assistance and obtain resources from other agencies based on their needs. Survivors do not need an appointment at a DRC to receive assistance. The center is located at:City of Galax816 Glendale RdGalax, VA 24333Hours of operation:Monday – Saturday, 8 a.m. to 6 p.m.Closed SundaysSurvivors do not have to visit a DRC to register with FEMA. You can call 800-621-FEMA (3362). The toll-free telephone line operates seven days a week. If you use a relay service, such as video relay service (VRS), captioned telephone service or others, give FEMA the number for that service. You can also register online at DisasterAssistance.gov or through the FEMA App on your phone.The deadline to apply for FEMA disaster assistance is Dec. 2, 2024.If you have received a letter from FEMA about your application status, visit a DRC to learn more about next steps. DRC staff can help you submit additional information or supporting documentation for FEMA to continue to process your application and answer any questions you may have. Learn more about what to expect at a DRC here.FEMA has set up a rumor response webpage to clarify our role in the Helene response. Visit Hurricane Helene: Rumor Response.For more information on Virginia’s disaster recovery, visit vaemergency.gov, the Virginia Department of Emergency Management Facebook page , fema.gov/disaster/4831 and facebook.com/FEMA.  ###FEMA’s mission is helping people before, during and after disasters. FEMA Region 3’s jurisdiction includes Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia and West Virginia. Follow us on X at x.com/FEMAregion3 and on LinkedIn at linkedin.com/company/femaregion3.To apply for FEMA assistance, please call the FEMA Helpline at 1-800-621-3362, visit https://www.disasterassistance.gov/, or download and apply on the FEMA App. If you use a relay service, such as video relay service (VRS), captioned telephone service or others, give FEMA the number for that service. Multilingual operators are available (press 2 for Spanish and 3 for other languages). Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency, or economic status. Any disaster survivor or member of the public may contact the FEMA Civil Rights Office if they feel that they have a complaint of discrimination.  FEMA’s Civil Rights Office can be contacted at FEMA-OCR-ECRD@fema.dhs.gov or toll-free at 833-285-7448. 
    erika.osullivan
    Thu, 10/31/2024 – 14:29

    MIL OSI USA News –

  • MIL-OSI USA: Statement from CWA Following Studio Closures and Layoffs at Sony Interactive Entertainment

    Source: Communications Workers of America

    Sony Interactive Entertainment’s announcement that it will shut down and lay off video game workers at two of its studios, Neon Koi and Firewalk Studios, makes it clear that now more than ever, video game workers deserve a free and fair opportunity to join together to form unions. Union membership not only gives workers a seat at the table to bargain for fair compensation but also a voice on the job to have a say over how they will be impacted by job cuts.

    This devastating news comes on the heels of record layoffs across the video game industry. These decisions by highly insulated video game CEOs are creating perilous working conditions for video game workers by eliminating their job stability. Last month, former Sony Computer Entertainment Europe President Chris Deering suggested that laid-off game workers should “go to the beach for a year,” further demonstrating the lack of respect executives have for their workforce amid layoffs.

    Alongside these layoffs, Sony’s decision to dissolve studios outside their walled garden of PlayStation-exclusive content rather than making games that have to compete in the highly diverse and competitive mobile game market should be a cautionary warning sign of Sony’s interest in furthering its monopoly position in the video game industry. CWA plans to raise the anti-competitive impacts of Sony’s increasing monopoly and monopsony power with the appropriate antitrust regulators, policymakers, and stakeholders.

    We will continue to support workers across the video game industry who seek to form a union and improve their workplace.

    ###

    About CWA: The Communications Workers of America represents working people in telecommunications, customer service, media, airlines, health care, public service and education, manufacturing, tech, and other fields.

    cwa-union.org @cwaunion

    MIL OSI USA News –

  • MIL-OSI USA: IAM Members Hit the Ground in North Carolina to Boost Union Turnout for Pro-Labor Candidates 

    Source: US GOIAM Union

    IAM members are actively campaigning in the crucial state of North Carolina to support Vice President Kamala Harris and Minnesota Gov. Tim Walz, who have both demonstrated a strong commitment to labor rights, in their run for the presidency. Partnering with the North Carolina AFL-CIO, IAM members are canvassing union households, aiming to boost turnout among union voters.

    The labor walks will continue through Election Day, with IAM members and other union affiliates working hard to secure a pro-labor victory at the polls. The AFL-CIO is leading an extensive effort to mobilize union members to vote for candidates who support labor. Teams of union members are going door-to-door, sharing election information and encouraging households to make voting plans.

    The North Carolina AFL-CIO is the federation of unions of working people in North Carolina, representing over a hundred thousand union members working together for good jobs, safe workplaces, workers’ rights, consumer protections, and quality public services on behalf of all working people.

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    MIL OSI USA News –

  • MIL-OSI USA: IAM GOTV Teams Canvass Philadelphia to Educate Union Member

    Source: US GOIAM Union

    This past week in northeast Philadelphia, several hundred union members from various unions gathered at the Sprinkler Fitters Local 692 Hall, coordinated through the Philadelphia AFL-CIO, for its Saturday labor walk. The walks are organized to canvass the city and educate union members at their homes by dropping off materials so they can make an informed decision in this year’s presidential election.

    Watch the video here.

    U.S. Sen. Bob Casey (D-Pa.) came to the hall to speak to all the members and thank them for their work educating union members.

    “The same Supreme Court that took away a 49-year right for women would easily take away the right to organize a union established 80 years ago,” said Casey. “We have to remind them the right to organize a union is on the ballot this election.”

    The Pennsylvania State Council of Machinists has endorsed Casey for his reelection to the Senate. This year, IAM and other union members also have two presidential and vice presidential candidates to choose from on the ballot.

    The two tickets are ideologically opposite on labor issues and worker rights. Candidates Trump and Vance would be fine firing striking workers not paying overtime to workers, and both have crossed picket lines. On the other hand, the IAM-endorsed candidates Kamala Harris and Tim Walz have both walked picket lines and support the Protecting the Right to Organize (PRO) Act.

    One of the unionists participating was retired IAM Local 796 Eastern Airlines ramp serviceman Paul Baicich, a dedicated unionist who came to canvass the area.

    “This is the most important election in my lifetime,” said Baicich. “Electing pro-Labor candidates is extremely important. It’s all on the line, and people need to vote! “

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    MIL OSI USA News –

  • MIL-OSI USA: United States Files Suit for Unpaid Duties and Penalties for Alleged Failure to Pay Duties on Imported Chinese Bedroom Furniture

    Source: US State Government of Utah

    The United States has filed a civil lawsuit against Lawrence Bivona, who was the President of LaJobi Inc., a Delaware corporation that imported Chinese-manufactured children’s bedroom furniture into the United States. The lawsuit alleges that Bivona made false statements to customs officials and, as a result, avoided paying antidumping duties owed on the imported furniture.

    At the time merchandise is entered into the United States, the importer is responsible for providing all information necessary to enable Customs and Border Protection (CBP) to assess the applicable duties owed on the goods, including any antidumping duties applicable to the merchandise. Antidumping duties are trade remedies that help protect domestic industries from unfair trade practices by foreign businesses and countries, such as government subsidies or below market sales.

    The United States’ complaint contends that Bivona caused LaJobi to misrepresent the identity of the manufacturers of the children’s furniture imported from China. In particular, the United States alleges that Bivona falsely represented that the furniture was manufactured by Chinese entities subject to duty rates of approximately 7% or less, and failed to disclose that the furniture was actually manufactured by entities subject to duty rates of 216%.

    “Anti-dumping duties play an important role in countering illegal foreign trade practices and protecting U.S. manufacturers,” said Principal Deputy Assistant Attorney General Brian M. Boynton, head of the Justice Department’s Civil Division. “We will continue to pursue those who seek to gain an unfair advantage by violating our trade laws.”

    “These civil penalties support the seriousness of CBP’s trade mission and protect the U.S. economy, while maintaining fair trade and preserving American jobs from predatory practices,” said Executive Director Susan Thomas of CBP’s Cargo and Conveyance Security, Office of Field Operations. “CBP’s antidumping and countervailing duties enforcement aims to mitigate harm by anti-competitive behavior and supports a level playing field for U.S. companies injured by unfair trade practices.”

    “We take very seriously our role in protecting the U.S. economy from illegal and predatory trade practices,” said Assistant Director Ivan J. Arvelo of Homeland Security Investigations (HSI) Global Trade Investigations. “HSI is committed to working alongside CBP and partners to stop those who engage in fraud to circumvent U.S. trade laws.”

    The complaint seeks the recovery of over $7 million in import duties and over $15 million in civil penalties.

    HSI Newark led the investigation with CBP Trade Regulatory Audit Newark, CBP Associate Chief Counsel New York, CBP Consumer Products and Mass Merchandising (CPMM) Center of Excellence and Expertise. CBP and HSI are the agencies responsible for enforcing U.S. laws related to the importation of merchandise into the United States, including the collection of duties and assessment of penalties.

    Trial Counsel Daniel Hoffman of the Civil Division’s Commercial Litigation Branch, National Courts Section, is handling the case.

    The case is filed in the Court of International Trade and captioned United States v. Lawrence Bivona No. 24-00196.

    To combat trade fraud, including avoidance of import duties, the Justice Department created a Trade Fraud Task Force. The Task Force partners with CBP and other law enforcement agencies to ensure compliance with U.S. trade laws.

    The claims in the complaint are allegations only. There has been no determination of liability. 

    MIL OSI USA News –

  • MIL-OSI Security: U.S. Marshals Arrest Non-Compliant Sex Offenders During Operation Trick or Treat 2

    Source: US Marshals Service

    Arlington, VA – From October 1-28, the U.S. Marshals Service (USMS) partnered with 112 law enforcement agencies in 22 states to conduct Operation Trick or Treat 2, an enforcement initiative during the Halloween season to investigate and arrest non-compliant and fugitive sex offenders.

    Operation Trick or Treat 2 resulted in 331 total arrests, including 129 for failure to register as a sex offender, 74 sex offenders for other offenses, as well as 128 others for various criminal activities. During the operation, law enforcement personnel also conducted 3,334 sex offender compliance checks and seized 40 illegally possessed firearms.

    “Operation Trick or Treat 2 reaffirms one of our Agency’s highest priorities to ensure safety of children in our communities,” said Director Ronald L. Davis of the U.S. Marshals Service. “I applaud the women and men of the Marshals Service and all of the agencies who participated in this operation.”

    Operation Trick or Treat 2 investigators initiated federal criminal cases for failure to register as a sex offender under the Sex Offender Registration and Notification Act; apprehended sex offenders in violation of registration requirements or wanted on active warrants; and utilized sex offender compliance checks to increase police presence and identify non-compliant sex offenders for further investigation.

    Law enforcement personnel in select counties and tribal nations from the following federal judicial districts participated in Operation Trick or Treat 2: District of Arizona, Eastern District of Arkansas, Western District of Arkansas, Central District of California, Eastern District of California, District of Colorado, Middle District of Florida, Northern District of Illinois, Southern District of Illinois, Northern District of Indiana, Northern District of Iowa, District of Massachusetts, Eastern District of Michigan, Western District of Missouri, District of Montana, District of Nebraska, District of Nevada, District of New Hampshire, Northern District of New York, District of Oregon, Middle District of Pennsylvania, Eastern District of Tennessee, Western District of Tennessee, Southern District of Texas, Western District of Texas, Western District of Washington, and Eastern District of Wisconsin.

    Significant arrests:

    • On October 11, U.S. Marshals arrested Antonio D. Cooke in the Northern District of Illinois who was a Wisconsin Department of Corrections most wanted sex offender and had been on the run for more than four years. He was wanted on warrants for failure to register as a sex offender and probation violation with an underlying conviction for sexual abuse of a child.  Operation personnel located and arrested the fugitive sex offender at a Chicago hospital.
    • On October 16, U.S. Marshals arrested Ryan Kirkham in the Western District of Washington for failing to register as a sex offender. The subject had prior convictions for child molestation, immoral communication with a child, and possession of child pornography. Operation personnel located and arrested the individual at a residence in Everett, Wash. 
    • On October 17, U.S. Marshals arrested Isaiah Navarro in the District of Arizona for allegedly attempting to sexually exploit a minor and committing a dangerous crime against children. Operation personnel arrested the subject in Glendale, Ariz.

    All defendants are presumed innocent until proven guilty.

    As the federal government’s primary agency for sex offender and fugitive investigations, the United States Marshals Service use its resources and investigative expertise to make neighborhoods safer. The agency has a key mission to help keep non-compliant sex offenders accountable.

    Sex offenders are required to comply with federal, state, and local requirements to register as a sex offender. The Adam Walsh Child Protection and Safety Act (AWA) authorizes USMS to assist state, local, tribal, and territorial authorities in the location and apprehension of non-compliant and fugitive sex offenders; investigate violations of the AWA for federal prosecution; and assist in the identification and location of sex offenders relocated because of a major disaster.

    MIL Security OSI –

  • MIL-OSI: U.S. Commercial Drone Market Size Estimated to Reach a Value of $ 31 Billion By End of 2034

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.”   Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AeroVironment, Inc. (NASDAQ: AVAV), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), Safe Pro Group Inc. (NASDAQ: SPAI).

    Fact.MR continued: “In addition, surveyors and engineers use drones to visualize the progress made in their construction projects by taking overhead images. Having a project overview leads to simplification of decision-making, thereby streamlining building site operations. Drones are now being used for several applications, ranging from surveillance, deployment in military operations, video recording, agriculture, and film & television. With this rise in drone applications, key players in the United States market are incorporating advanced technologies in drones. Increasing drone payload capacity and introducing drones for specific applications are anticipated to promote the profits of drone manufacturers. Furthermore, leading companies are also making drones with high-power motors. Home deliveries through drones have now become a reality with the help of retail and logistics organizations such as Amazon.”

    ZenaTech Inc.’s (NASDAQ:ZENA) ZenaDrone Completes the First Phase of an IQ Nano Inventory Management Trial for Multinational Auto Parts Customer – ZenaTech, a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that its subsidiary, ZenaDrone, has successfully completed the first phase of drone testing and 3D mapping, and is beginning the next phase of production of a paid trial for a multinational auto parts manufacturer. This production phase consists of flying automatic and fully autonomous flights of the IQ Nano drone in an inventory management application.

    Testing took place over several months at ZenaDrone’s production facility in Sharjah, United Arab Emirates (UAE) to ensure the smooth operation of the inventory scanning application. The 3D mapping took place just recently at the customer’s site consisting of scanning and mapping the warehouse area to create a 3D map that automates the drone flight path and its operations while in production.

    View video showing the IQ Nano in test flight here.

    The production phase is set to begin imminently and will consist of the IQ Nano flying and reading product and component bar codes, collecting information for verification and integration with the customer’s inventory management and accounting systems.

    “We look forward to the production phase and concluding a successful trial, proving the viability of the IQ Nano and enabling us to deliver our product to our customer. A successful trial also opens the potential to win additional business with this customer and to verifiably demonstrate IQ Nano’s utility for the benefit of attracting additional market interest. The revolutionary use of an indoor drone for productivity and cost savings value can be implemented across hundreds of warehouse facilities, turning a week-long activity like counting inventory into a day,” said CEO Shaun Passley, Ph.D. – Get the full details by visiting: https://www.financialnewsmedia.com/news-zena/

    Additional Groundbreaking ZenaTech Inc. Developments this week include:

    ZenaTech Enters the Drone Sensor and Components Market Establishing a New Taiwan Subsidiary to Win More US Defense Contracts for Its AI Drones – ZenaTech also announced it will establish a new company in Taiwan to manufacture drone sensors and components for use in the drone products produced by its subsidiary ZenaDrone. The new company, named Spider Vision Sensors Ltd., will ensure ZenaDrone’s products are compliant with the US National Defense Authorization Act (NDAA), an important requirement for the company to win more business with the US Military.

    Spider Vision Sensors Ltd. will manufacture drone sensors, electronics, and components such LiDAR (Light Detection and Ranging), thermal, infrared, multi-spectral and hyper sensors, cameras, and PBCs (Printed Circuit Boards). Having in-house manufactured sensors and components will enable ZenaDrone to have a steady supply to fulfill customer orders and drone production needs at its Sharjah, UAE, and future Arizona-based drone manufacturing facilities. Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. The new company is currently at the prototype stage, and the manufacturing facility is expected to be open in November.

    “Establishing a drone sensor and components manufacturer in Taiwan will help bring our products to market faster and removes dependencies on any Chinese made electronics. This will position us to win more US military contracts via achieving Green UAS (Uncrewed Arial Systems) and Blue UAS certifications as an approved supplier,” said CEO Shaun Passley, Ph.D.    Read this full release at:      https://finance.yahoo.com/news/zenatech-enters-drone-sensor-components-113000155.html

    Other recent developments in the technology industry include:

    AeroVironment (NASDAQ: AVAV) recently successfully showcased the maritime prowess of its combat-proven JUMP® 20 uncrewed aircraft system (UAS) during the NATO REPMUS 2024 (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) exercise off the coast of Portugal. This dynamic demonstration reinforced JUMP 20’s advanced Intelligence, Surveillance, and Reconnaissance (ISR) capabilities, autonomously launching and landing on a moving vessel in rough seas, with conditions reaching sea state level 5 and winds over 20 kts.

    The JUMP 20 also highlighted its multi-sensor mission versatility, seamlessly executing wide-area search and detection tasks. Its advanced Electro Optical and Mid-Wave Infrared (MWIR) turret automatically slewed to investigate identified targets without repositioning the platform, ensuring constant operational focus. Full-motion video was captured and later analyzed using AV’s cutting-edge computer vision technology, SPOTR-Edge™, enabling perception analysis using its robust library of object classifications, including persons, vehicles, and maritime vessels. Additionally, video from this event will further enhance the solution, making the JUMP 20 even more capable for future deployments by refining its object recognition and situational response capabilities.

    Draganfly Inc. (NASDAQ: DPRO), an award-winning, industry-leading developer of drone solutions and systems, recently announced its participation in the upcoming Wings of Saskatchewan event in Regina, from October 30 to October 31, 2024. Draganfly will showcase its latest drone technology advancements, contributing to discussions on industry trends, safety, and regulatory considerations alongside key stakeholders in the aviation sector.

    The Wings of Saskatchewan Conference, hosted by the Saskatchewan Aerial Applicators Association and the Saskatchewan Aviation Council, serves as a vital gathering for the aviation community. This year’s event will bring together leaders from both civil and commercial aviation sectors to discuss technological advancements, regulatory updates, and future trends within the industry.

    Draganfly will emphasize the need for synergy across the aviation industry at the conference by addressing essential topics, including airspace safety and the regulatory challenges impacting the drone sector. This presentation will spotlight the benefits of enhanced communication and collaboration between fixed-wing, helicopter, and RPAS (Remotely Piloted Aircraft Systems) to promote safe, efficient, and integrated airspace management.

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently announced a new contract and order for 12 of its FlightWave Edge 130 Blue system from the Royal Australian Navy. The contract was secured through Criterion Solutions Pty Ltd., an Australian-based distributor of intelligence, surveillance, reconnaissance and information technology solutions.

    FlightWave, an industry-leading provider of VTOL drone, sensor and software solutions was acquired by Red Cat in September 2024. The acquisition brought FlightWave’s flagship drone, the Edge 130 Blue into its family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. FlightWave’s size, weight and vertical take off capabilities makes it ideal for maritime operations and littoral environments.

    Safe Pro Group Inc. (NASDAQ: SPAI) recently shared a video highlighting the capabilities of the Company’s patent-pending SpotlightAI™ AI-powered demining solution presented by Amazon Web Services (AWS) at this year’s AWS Summit Washington, D.C. The video highlights AWS Partners in the AWS Partner Network (APN) featuring senior Safe Pro team members discussing how AWS’s hyper scalability and compute resources are enabling the Company to modernize demining efforts in Ukraine by utilizing AI-powered image analysis of drone-based imagery.

    “Our inclusion in this year’s AWS Summit Washington, D.C. spotlights our continued success in locating thousands of landmines and unexploded ordnance currently scattered over thousands of hectares of land in Ukraine utilizing our AI-powered image analysis technology. AWS continues to provide us invaluable support as we work to harness the power of AI and AWS’s hyper scalability to modernize real world demining operations. Working with AWS, we have greatly enhanced our ability to provide leading humanitarian mine action organizations with powerful new tools that can improve their situational awareness as they execute their land clearance operations across Ukraine, expediting the release of land for agricultural and civilian use,” said Dan Erdberg, Chairman and CEO of Safe Pro Group Inc.

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    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Noma Exits Stealth with $32M to Secure the Entire Data & AI Lifecycle from Development to Production

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, Oct. 31, 2024 (GLOBE NEWSWIRE) — Noma exited stealth today, announcing $32M in funding and the launch of their application security platform for securing the entire Data & AI Lifecycle. The company’s series A round was led by Ballistic Ventures and comes less than a year after a previously undisclosed seed round led by Glilot Capital Partners, with participation from Cyber Club London. Dozens of strategic angel investors have backed Noma, including current and former CISOs of McDonald’s, Google DeepMind, Twitter, Atlassian, BNP Paribas, T-Mobile, and Nielsen.

    The rapid adoption of AI has thrown data science and machine learning teams into the spotlight, introducing new application security risks. “The Data & AI Lifecycle is significantly different from the software development lifecycle. It comes with a whole new supply chain, as well as unique open source components and runtime artifacts that traditional security tools don’t cover,” said Niv Braun, co-founder and CEO of Noma. “We’re already seeing organizations compromised by misconfigured data pipelines and MLOps tools and vulnerable and malicious open source models. It’s only a matter of time before we see AI’s equivalent of SolarWinds or Log4Shell. There’s an urgent need for a new security solution that holistically covers the Data & AI Lifecycle.”

    Noma’s platform provides end-to-end AI discovery, security, protection, and compliance. It protects against supply chain risks — like vulnerable data pipelines, unscanned code in data science environments, misconfigured MLOps tools, and sensitive data used for model training — as well as threats like vulnerable and malicious models, runtime prompt injection, and more.

    The platform seamlessly deploys across any cloud-based, SaaS, or self-hosted environment within minutes, requiring no agents or code changes and adding no friction to data science teams’ day-to-day workflows. Noma’s end-to-end approach provides coverage across the entire Data & AI Lifecycle, from development to production and from classic data pipelines and ML to GenAI.

    “Like traditional software development, AI has introduced a new range of security risks — but is moving at hyperspeed and with even higher stakes,” said Kobi Samboursky, Founder and Managing Partner of Glilot. “AppSec evolved over decades with fragmented tools for static and dynamic analysis, open source, supply chain, and runtime, but security teams have come to realize that they need consolidated solutions. Noma is uniquely positioned to tackle this problem from the start, consolidating multiple use cases into a single platform. We backed Noma to become the complete application security solution for the Data and AI Lifecycle.”

    “The role of data science teams has rapidly evolved from supporting business functions like reporting and analytics to developing AI-powered applications that significantly impact business outcomes,” said Jake Seid, Co-founder and general partner of Ballistic Ventures.

    “As security and compliance become more top of mind for organizations adopting AI, embedding security from the start ensures that innovation can flourish without compromise. Noma’s approach gives AppSec teams full visibility and confidence while empowering data science teams to move fast and drive business value.”

    Founders Niv Braun (CEO) and Alon Tron (CTO) met in the prestigious 8200 intelligence unit and have combined their respective experience leading security groups and data science teams to start Noma. Together they have quickly built a team with deep expertise in AI, application security, and beyond. Noma has helped shape industry standards for AI security as members of the OWASP AI Exchange and has contributed to US government policy on AI security, including informing guidelines like NIST SP 800-218A. The Noma platform is already used by paying customers, including Fortune 500 companies.

    Learn more about Noma’s platform and vision on the Noma website and blog.

    Media Contact
    Lazer Cohen
    lazer@concrete.media
    347-753-8256

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1996901b-4732-4856-b705-03949017b91e

    The MIL Network –

  • MIL-OSI: BW Energy Limited – Prospectus approved for listing of bonds

    Source: GlobeNewswire (MIL-OSI)

    BW Energy Limited – Prospectus approved for listing of bonds

    Reference is made to the announcement by BW Energy Limited (the “Company”) on 7 June 2024 about the successful completion of a new senior unsecured bond issue with an initial issue amount of USD 100 million with ISIN NO 0013259663 (the “Bonds”).

    The Financial Supervisory Authority of Norway has today approved a prospectus prepared by the Company in connection with the application for admission to trading and listing of the Bonds on the Euronext Oslo Børs. The admission to listing of the bonds is expected on or about 4 November 2024.

    The prospectus will be made available on the company’s website: www.bwenergy.no/investors/


    For further information, please contact:

    Brice Morlot, CFO BW Energy, +33.7.81.11.41.16 ir@bwenergy.com


    About BW Energy:

    BW Energy Limited is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block in, a 95% interest in the Maromba field in Brazil and a 95% interest in the Kudu field in Namibia, all operated by BW Energy. Total net 2P+2C reserves and resources were 580 million barrels of oil equivalents at the start of 2024.

    This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI: First Guaranty Bancshares, Inc. Announces Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    HAMMOND, La., Oct. 31, 2024 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the third quarter and nine months ending September 30, 2024.

    Financial Highlights for the third quarter and nine months ended September 30, 2024, are as follows:

    • Total assets increased $371.2 million and were $3.9 billion at September 30, 2024 and $3.6 billion at December 31, 2023. Total loans at September 30, 2024 were $2.8 billion, an increase of $20.9 million, or 0.8%, compared with December 31, 2023. Total deposits were $3.4 billion at September 30, 2024, an increase of $420.8 million, or 14.0%, compared with December 31, 2023. Retained earnings were $72.7 million at September 30, 2024, an increase of $4.7 million compared to $68.0 million at December 31, 2023. Shareholders’ equity was $256.4 million and $249.6 million at September 30, 2024 and December 31, 2023, respectively.
    • Net income for the third quarter of 2024 and 2023 was $1.9 million and $1.8 million, respectively, an increase of $0.2 million or 8.7%. Net income for the nine months ended September 30, 2024 and 2023 was $11.4 million and $7.9 million, respectively, an increase of $3.5 million or 44.5%.
    • Earnings per common share were $0.11 and $0.10 for the third quarter of 2024 and 2023, respectively, and $0.78 and $0.56 for the nine months ended September 30, 2024 and 2023, respectively. Total weighted average shares outstanding were 12,504,717 and 11,431,083 for the third quarter of 2024 and 2023, respectively, and 12,499,799 and 11,022,919 for the nine months ended September 30, 2024 and 2023, respectively. The change in shares was due to the issuance of 44,341 and 29,293 shares of common stock under the Equity Bonus Plan during the fourth quarter of 2023 and the first quarter of 2024, respectively, and the issuance of 1,714,287 shares of common stock under private placement in 2023.
    • The allowance for credit losses was 1.20% of total loans at September 30, 2024 compared to 1.13% at December 31, 2023.
    • Net interest income for the third quarter of 2024 was $22.7 million compared to $20.4 million for the same period in 2023. Net interest income for the nine months ended September 30, 2024 was $65.9 million compared to $63.7 million for the nine months ended September 30, 2023.
    • The provision for credit losses for the third quarter of 2024 was $4.9 million compared to $0.6 million for the same period in 2023. The provision for credit losses for the nine months ended September 30, 2024 was $14.0 million compared to $1.5 million for the nine months ended September 30, 2023.
    • Charge-offs were $13.7 million during the first nine months ended September 30, 2024 and $2.0 million during the same period in 2023. Recoveries totaled $0.7 million during the first nine months ended September 30, 2024 and $1.2 million during the same period in 2023.
    • Net gains on the sale of loans for the third quarter of 2024 was $1.5 million compared to $0 for the same period in 2023. Net gains on the sale of loans for the nine months ended September 30, 2024 was $1.5 million compared to $12,000 for the nine months ended September 30, 2023.
    • First Guaranty had $1.2 million of other real estate owned as of September 30, 2024 compared to $1.3 million at December 31, 2023.
    • The net interest margin for the three months ended September 30, 2024 was 2.51% which was a decrease of 3 basis points from the net interest margin of 2.54% for the same period in 2023. The net interest margin for the nine months ended September 30, 2024 was 2.52% which was a decrease of 23 basis points from the net interest margin of 2.75% for the same period in 2023. First Guaranty attributed the decrease in the net interest margin to the increase in market interest rates that began in 2022 and continued through 2023 that increased the cost of liabilities. Loans as a percentage of average interest earning assets decreased to 80.0% at September 30, 2024 compared to 83.2% at September 30, 2023.
    • Investment securities totaled $664.0 million at September 30, 2024, an increase of $259.9 million when compared to $404.1 million at December 31, 2023. At September 30, 2024, available for sale securities, at fair value, totaled $342.6 million, an increase of $259.1 million when compared to $83.5 million at December 31, 2023. The increase in available for sale securities was primarily due to purchase of Treasury securities. At September 30, 2024, held to maturity securities, at amortized cost and net of the allowance for credit losses totaled $321.4 million, an increase of $0.8 million when compared to $320.6 million at December 31, 2023. The allowance for credit losses for HTM securities was $0.1 million at September 30, 2024 and December 31, 2023.
    • Total loans net of unearned income were $2.8 billion at September 30, 2024, a net increase of $20.9 million from December 31, 2023. Total loans net of unearned income are reduced by the allowance for credit losses which totaled $33.3 million at September 30, 2024 and $30.9 million at December 31, 2023, respectively.
    • Nonaccrual loans increased $40.6 million to $65.8 million at September 30, 2024 compared to $25.2 million at December 31, 2023. The increase in total nonaccrual loans was concentrated primarily in one commercial real estate relationship that totaled $37.0 million. This relationship is comprised of five loans secured by real estate located in the Midwest. $13.9 million of this relationship was previously reported in 90 day plus but still accruing at December 31, 2023.
    • At September 30, 2024, our largest non-performing assets were comprised of the following nonaccrual loans: (1) a $37.0 million non-farm non-residential loan relationship comprised of five loans with a specific reserve of $4.1 million; (2) a $3.3 million one- to four-family loan relationship; (3) a $1.8 million commercial real estate loan; (4) a commercial lease loan that totaled $1.7 million; (5) a commercial lease loan that totaled $1.6 million; (6) a $1.3 million one- to four-family loan relationship; and (7) a $1.3 million loan relationship that is classified as purchased credit deteriorated.
    • First Guaranty charged off $2.6 million in loan balances during the third quarter of 2024. The details of the $2.6 million in charged-off loans were as follows:
    1. First Guaranty charged off $0.5 million in consumer loans during the third quarter of 2024. The consumer loan charge offs included $0.1 million in credit card loans, $0.1 million of loans secured by automobiles or equipment, and $0.3 million in unsecured loans.
    2. First Guaranty charged off $1.0 million on a loan relationship that is classified as purchased credit deteriorated during the third quarter of 2024. This relationship had remaining principal balance of $1.3 million at September 30, 2024.
    3. First Guaranty charged off $0.1 million on a commercial and industrial loan relationship during the third quarter of 2024. This relationship had a remaining principal balance of $1.0 million at September 30, 2024.
    4. First Guaranty charged off $0.1 million on a one- to four-family loan during the third quarter of 2024. This loan had no remaining principal balance at September 30, 2024.
    5. Smaller loans and overdrawn deposit accounts comprised the remaining $0.9 million of charge-offs for the third quarter of 2024.
    • Return on average assets for the three months ended September 30, 2024 and 2023 was 0.21%, for each period. Return on average assets for the nine months ended September 30, 2024 and 2023 was 0.42% and 0.33%, respectively. Return on average common equity for the three months ended September 30, 2024 and 2023 was 2.40% and 2.27%, respectively. Return on average common equity for the nine months ended September 30, 2024 and 2023 was 5.87% and 4.06% respectively. Return on average assets is calculated by dividing annualized net income by average assets. Return on average common equity is calculated by dividing annualized net income by average common equity.
    • Book value per common share was $17.86 as of September 30, 2024 compared to $17.36 as of December 31, 2023. The increase was due primarily to the recent issuance of new shares and changes in accumulated other comprehensive income (“AOCI”). AOCI is comprised of unrealized gains and losses on available for sale securities, including unrealized losses on available for sale securities at the time of transfer to held to maturity.
    • First Guaranty’s Board of Directors declared cash dividends of $0.08 and $0.16 per common share in the third quarter of 2024 and 2023. First Guaranty has paid 125 consecutive quarterly dividends as of September 30, 2024.
    • First Guaranty paid preferred stock dividends of $1.7 million during the first nine months of 2024 and 2023.
    • As previously announced, on June 28, 2024, the Bank consummated a sale-leaseback transaction relating to two stand-alone branches and a portion of the headquarters building which also contains a branch (collectively, the “Properties”). The aggregate cash purchase price was $14.7 million. The sale-leaseback transaction resulted in a pre-tax gain of approximately $13.2 million, or $10.4 million after tax. Aggregate first full year of rent expense under the Lease Agreements will be approximately $1.3 million pre-tax, or $1.0 million after tax.

    About First Guaranty Bancshares, Inc.

    First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank, a Louisiana state-chartered bank. Founded in 1934, First Guaranty Bank offers a wide range of financial services and focuses on building client relationships and providing exceptional customer service. First Guaranty Bank currently operates thirty-six locations throughout Louisiana, Texas, Kentucky and West Virginia. First Guaranty’s common stock trades on the NASDAQ under the symbol FGBI. For more information, visit www.fgb.net.

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact which represent our current judgement about possible future events. We believe these judgements are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or otherwise revise any forward-looking statements.

    For full release click here.

    CONTACT: ERIC DOSCH, CFO

    985.375.0308

    The MIL Network –

  • MIL-OSI Global: US-Africa relations under Biden: a mismatch between talk and action

    Source: The Conversation – Africa – By Christopher Isike, Director, African Centre for the Study of the United States, University of Pretoria

    In his first year in office, US president Joe Biden committed to resetting US-Africa relations based on a doctrine of equal partnership.

    He sent his secretary of state, Antony Blinken, to Kenya, Côte d’Ivoire and Nigeria. The visit was used to outline the administration’s policy outlook towards Africa. It laid the ground for the official US-Africa policy commitment that Blinken launched the following year in South Africa.

    Since then, there have been high level engagements between the US and African countries to deepen ties. They included visits by top cabinet members of the administration: vice-president Kamala Harris, secretary of defence Lloyd Austin and treasury secretary Janet Yellen. First lady Jill Biden also came.

    Biden hosted a well attended US-Africa Leaders Summit in Washington DC in December 2022. Kenyan president William Ruto paid a state visit to the White House in May.

    Yet our view, which is based on years of studying and writing on US and Africa relations, is that the Biden administration has not fulfilled its commitment to resetting US-Africa relations based on an equal partnership. It hasn’t recognised Africa’s growing agency in international affairs.

    We argue that there has been a mismatch between the rhetoric and practice of an equal partnership. For example, African leaders or the African Union were not consulted about the agenda of the 2022 US-Africa Leaders Summit. This was also the case with the US’s Africa strategy.

    This reflects the traditional paternalistic relationship of the US with Africa.



    Read more:
    Joe Biden in Africa: US president has ignored the continent for his entire term — why he’s visiting Angola

    Biden is due to visit Angola in December – his only African visit as president. A much more encouraging message of equal partnership would have been delivered if the US-Africa Leaders Summit, for example, had been held at the African Union headquarters in Ethiopia. Biden would have then been able to engage with African leaders in the continent early in his term.

    A full diary of engagements

    There are a number of positive indicators of Biden’s commitment to reset relations with Africa.

    August 2022: The first tangible step was through the US Strategy Toward Sub-Saharan Africa. This presented a shift in emphasis from great power politics (vis-a-vis China and Russia in Africa) and Trump’s America First diplomacy, to one of mutual respect and partnership (at least on paper) under Biden.

    Priorities included fostering open societies, delivering democratic and security dividends, advancing pandemic recovery and economic opportunity, and supporting the climate agenda.

    December 2022: The US-Africa Leaders Summit in Washington DC was attended by 49 African leaders, three months after the release of the Africa strategy. The focus was on

    strengthening ties with African partners based on principles of mutual respect and shared interests and values.

    Biden pledged US$55 billion in investments until 2025 to advance goals that aligned with shared priorities. The US is said to have allocated 80% of said funds.

    The US used the summit to formally announce its support for the African Union’s membership of the G20. This was realised when the AU officially joined the G20 as a permanent member in 2023.

    November 2023: Biden hosted Angolan president João Lourenço at the White House on an official visit. They discussed cooperation on the economy, security, energy, transport, telecommunications, agriculture and outer space.

    May 2024: Kenyan president William Ruto’s state visit was the first by an African leader in more than 15 years.

    September 2024: US ambassador to the United Nations Linda Thomas-Greenfield announced US support for Africa getting two permanent seats on the UN security council.

    Finally, Biden’s visit to Angola, set for the first week in December would be the first by a US president since 2015.

    What’s gone wrong

    It’s possible to see serious flaws in the US approach towards Africa set against the expectation of an equal partnership.

    Firstly, the US has attempted to undermine African agency through its bid to pressure African countries to condemn Russia’s invasion of Ukraine. Many African countries chose non-alignment.

    Secondly, the US championing two seats for Africa on the security council looks commendable on the surface. But the lack of veto power perpetuates power imbalances between Africa and the current permanent security council members – the US, France, the UK, Russia and China.

    The question again is how equal the partnership is if Africa will be a junior member of the security council.

    Thirdly, there has been a lack of joint agenda setting. African countries have made no input into US-Africa strategy or the US-Africa Leaders Summit.

    Failing to consult African leaders, institutions and civil society on the continent’s own priorities reflects the same old practice of imposing priorities on African states. It looks like a continuation of the usual passing off of American national interests as African interests.

    Fourthly, there have been challenges in implementing what’s set out in the US Strategy Toward Sub-Saharan Africa. These have included inadequate resource allocation.



    Read more:
    US-Africa trade deal turns 25 next year: Agoa’s winners, losers and what should come next

    Fifth, the Biden administration has used the Africa Growth and Opportunity Act (Agoa) as diplomatic leverage over African countries. For example, in October 2023 it announced the removal of Uganda, Niger, Gabon and Central African Republic from the beneficiaries. Earlier, the administration removed Ethiopia, Guinea, Mali and Burkina Faso. These countries were removed from Agoa for not complying with US human rights and political demands.

    Between February and March 2024, the US Congress also considered the US-South Africa Bilateral Relations Bill, which risks South Africa’s exclusion from Agoa because of Pretoria’s position on the Israel/Palestine conflict.

    Lastly, the fact that Biden is only visiting Africa in the last days of his presidency suggests Africa is not a priority. The fact that only one African head of state has been afforded a state visit to Washington reinforces this thinking.

    If the US is serious about equal partnership, it mustn’t treat Africa as an afterthought. It must always consult African states in shaping policies that affect them and the continent.

    Ruth Kasanga, a postgraduate student in the Department of Political Sciences and Research Assistant at the African Centre for the Study of the United States, University of Pretoria, made contributions to this article.

    Samuel Oyewole is affiliated with Federal University Oye-Ekiti, Nigeria.

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

    – ref. US-Africa relations under Biden: a mismatch between talk and action – https://theconversation.com/us-africa-relations-under-biden-a-mismatch-between-talk-and-action-242307

    MIL OSI – Global Reports –

  • MIL-OSI Global: Alzheimer’s treatment donanemab is not a ‘miracle drug’ – not providing it on the NHS is the right choice

    Source: The Conversation – UK – By Ian Maidment, Professor in Clinical Pharmacy, Aston University

    There was frustration in some corners of the media when it was announced that a new drug to slow the progression of Alzheimer’s was not going to be made available on the NHS.

    Alzheimer’s wonder drug blocked on NHS over cost, a Telegraph headline ran. The Daily Mail went with: Alzheimer’s ‘wonder’ drug will be blocked by NHS from TODAY due to cost.

    In late August, the UK’s National Institute for Health and Care Excellence (Nice), which provides clinical guidance for the NHS, rejected another Alzheimer’s treatment called lecanemab. The media response at that time was similar.

    One million people in the UK have dementia, and this figure is expected to rise to 1.4 million by 2040. We have no drugs that slow the disease progression – so-called “disease-modifying drugs” – for this mind-robbing disease, only drugs to treat symptoms. It is clear that we need new drugs, so has Nice made the wrong decision?

    Let’s dig a bit more into the rationale for Nice’s decision.

    The “wonder” drug (or “miracle drug”) that some newspapers referred to is donanemab, an antibody that latches onto amyloid plaques in the brain and removes them. These plaques are the hallmarks of Alzheimer’s, but it is not known if they are the cause of Alzheimer’s or a consequence of it. (Some people have an abundance of these plaques but no Alzheimer’s.)

    At the end of October, Nice declined to approve this drug for use on the NHS for treating early-stage Alzheimer’s disease. This was despite the UK’s drugs regulator, the Medicines and Healthcare Regulatory Authority (MHRA) approving donanemab.

    How can we explain the different decisions of the two public bodies? And which one was right?

    We can understand the decisions in the context of the different roles of the MHRA and Nice. Essentially, the MHRA reviews the scientific evidence and decides whether the drug is safe and effective. It aims to assess whether the benefits outweigh the risks. If they do, then the drug is approved for use in the UK.

    Nice focuses on developing guidelines to support the adoption of new treatments, while considering value for money for the taxpayer alongside safety and effectiveness.

    We don’t know how much donanemab will cost in the UK. In the US, the list price is £25,000 per patient per year. It is thought that about 70,000 people in the UK would be eligible for treatment with donanemab.

    These drugs, donanemab and lecanemab, are given by infusion every two or four weeks and there are additional costs related to this and the monitoring needed.

    To successfully treat patients in the very early stages of Alzheimer’s, these people first need to be identified. So new specialist diagnostic clinics would need to be created to test and confirm potential underlying disease. This might include genetic tests and lumbar puncture tests (to look for elevated amyloid in spinal fluid).

    The drug infusions need to be started in specialist clinics with trained staff and facilities available for routine administration. This will all potentially increase the medication management burden on the patient and any family carer, which already can be difficult.

    Nice concluded that donanemab slows the rate of decline in symptoms, but is not a cure. We don’t know enough about the long-term effects or the cost-effectiveness of this treatment. Nice consulted various expert groups on how well donanemab works, and the consensus was that it is modest at best.

    The main outcome measurement used in the clinical trial was the integrated Alzheimer’s disease rating scale at 76 weeks. The scale, which measures both cognition and daily functioning, ranges from 0 to 144. A meaningful change is considered to be five points for people with Alzheimer’s who have mild cognitive impairment and nine points for people with Alzheimer’s who have mild dementia.

    The change in the scale from the start of the trial to 76 weeks was −10.19 in patients receiving donanemab compared with −13.11 in patients receiving a placebo. This difference of 2.92 is less than what is considered to be a meaningful change for patients. Given this, donanemab is certainly not a “wonder” drug or a “miracle” drug, and describing it as such may give false hope to vulnerable people with dementia and their family carers.

    Substantial side-effects

    The side-effect burden of donanemab is substantial and like all new drugs, more side-effects may be identified when it is used in day-to-day practice. One particular concern is swelling and bleeding on the brain.

    In human trials, brain swelling and bleeds occurred in 37% of patients on donanemab compared with 15% on the placebo. Overall, 13% of patients on donanemab stopped treatment because of the side-effects compared with 4% on placebo. Although the consequences are generally mild, it can lead to serious problems, such as seizures.

    Hypersensitivity reactions, including swelling of the lips, face, tongue, throat and other parts of the body and breathing difficulties, are also a risk.

    Many families in the UK have been touched by Alzheimer’s and fully understand the need for effective care. For families, one clear need is social care and support. Government after government has identified the need to invest in and reform social care. This, rather than spending money on drugs of questionable benefit, needs to be the priority.

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

    – ref. Alzheimer’s treatment donanemab is not a ‘miracle drug’ – not providing it on the NHS is the right choice – https://theconversation.com/alzheimers-treatment-donanemab-is-not-a-miracle-drug-not-providing-it-on-the-nhs-is-the-right-choice-242147

    MIL OSI – Global Reports –