Category: KB

  • MIL-OSI: BBAChain Pre-Seed Round Closes as Demand Surges, Seed Round Now Open

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, Oct. 31, 2024 (GLOBE NEWSWIRE) —  BBAChain is celebrating important achievements. With the project’s Pre-Seed Round completed and all BSP (BBAChain Revenue Sharing Program) packages sold out, BBAChain is positioning itself for a successful bull run.

    The Pre-Seed Round saw strong support from early backers, contributing to the success of BBAChain’s roadmap and creating a solid foundation for what’s coming. The BSP program, designed to share revenue with early participants, reached full capacity, signaling high investor interest and confidence in BBAChain’s future.

    The recent BBAChain halving event marked an important milestone for the project and a strong advantage against other blockchains, reducing BBA supply and potentially increasing the value of the coin as scarcity grows. The timing of the halving aligns with the first anniversary of BBAChain’s Mainnet, following the roadmap of the project and showing the ongoing commitment of the company to delivering on its promises.

    Now that BBAChain is launching its Seed Round, the project hopes to expand further and create partnerships that will help it achieve more. According to the roadmap, the company plans to list BBA Coin on exchanges before the end of 2024, as well as develop various aspects of the BBAChain ecosystem, such as BTI Exchange and BTI Swap.

    BBAChain’s Seed Round of financing has officially started, welcoming not only VCs, angel investors, accelerators, and incubators, but also retail investors and anyone who wants to be part of the next cryptocurrency generation.

    What is BBAChain?
    BBAChain is a high-performance Layer 1 blockchain aiming to reshape different areas of society. With the ability to process more than 100,000 transactions per second for less than a few cents, BBAChain offers speed and scalability. Beyond technical efficiency, BBAChain is building a native ecosystem that includes a decentralized exchange, centralized exchange, crypto academy, NFT marketplace, euro-pegged stablecoin, pay adapter, and a multi-chain wallet. What truly sets BBAChain apart is its ambition to bring national elections onto the blockchain through its Decentralized Democracy initiative, ensuring transparent and secure voting processes. An initiative that has multiple applications not only in the public sector but also in the private one too. With a powerful referral program incentivizing growth, strategic partnerships, and the upcoming listing of the BBA Coin, BBAChain positions itself as a unique opportunity in the evolving crypto space.

    Contact
    Name: Christian Trejo, CSO
    Email: contact@bbachain.com
    Website: https://bbachain.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/217e3ce1-9442-4786-97dc-736bd3fd2743

    The MIL Network

  • MIL-OSI Global: Here and abroad, health-care workers bear witness to the world’s worst atrocities

    Source: The Conversation – Canada – By Suzanne Shoush, Indigenous Health Faculty Lead, Department of Family and Community Medicine, Faculty of Medicine, University of Toronto

    As a physician, I remember the first time I saw a child dying.

    She was in the pediatric intensive care unit, flown in from a remote First Nations community with her family on the way. Intubated and sedated to cope with the blisters covering her little body, she’d had three of her four limbs amputated — the result of a horrific meningococcal infection.

    I remember standing rooted to the ground, unable to walk away from her bedside, wanting more than anything to undo her suffering. This was long before I became involved in academic medicine as Indigenous Health Faculty lead for the Department of Family and Community Medicine at the University of Toronto, yet it profoundly shaped my understanding of suffering and the fragility of life.

    I was a medical student without a magic cure, but I needed to stay close to her simply so she wouldn’t be alone. I remember everything about those moments, from the rhythm of her breath to the stillness of her body.

    Around the world, health-care workers are trained to be observers and meticulously examine those before us, monitoring life and death with intense attention. We witness with a required objectivity, documenting and responding with specificity. We encounter incredibly difficult moments, but the ones involving children are particularly engraved in our minds.

    The horrific situation in Gaza

    I have been considering what health-care workers are experiencing in Gaza, “the world’s most dangerous place to be a child,” according to UNICEF.

    Every single day, they bear witness to a reality that the New York Times has deemed “too horrific for publication” as it declines to print images of dozens of children with gunshot wounds to the head, neck and chest.

    These images came from health-care providers, documenting the time they spent in Gaza to provide desperately needed medical care in a place where nearly half the population is children.

    They’re fighting daily to stem the tsunami of death that has often been referred to as the world’s first live-streamed genocide. With unimaginable determination and exhaustion, they are treating tens of thousands of children, some who have been mortally wounded and maimed due to indiscriminate bombing and sniping. These young people have been starved and terrorized by what the United Nations has called a war on children.

    This crisis also constitutes a war on health care as hospitals in Gaza have been attacked, besieged, burned or decimated. Hundreds of Palestinian health-care workers in Gaza and the Occupied West Bank have been killed and countless more have been injured or abducted. Human Rights Watch says some have been subjected to torture.

    Burning alive

    A UN inquiry recently accused Israel of systematically destroying Gaza’s health-care system, amounting to a “crime of extermination.

    A distressing video captured the agonizing moment as a patient, still tethered to his IV, was seen burning alive in his hospital bed, sparking global outrage.

    Hours after it went viral, Israel banned several Canadian and American medical aid organizations from entering Gaza to provide critical emergency support — crippling the ability of health-care workers to not only support their Palestinian colleagues in providing life-saving care, but also to document what is happening in Gaza.

    Because foreign journalists are barred from entering Gaza and Palestinian journalists have been targeted and killed at an unprecedented rate, much of what the public knows about Gaza is coming from health-care teams.

    Over the past year, health-care professionals have had to learn new terminology to describe what is happening in Palestine: scholasticide, sophicide, domicide and ecocide.

    Parallels in Turtle Island

    The plight in Gaza resonates with the historical experiences of the Indigenous Peoples of Turtle Island. As an intergenerational survivor of the Indian Residential School System, I am acutely aware of the power dynamics inherent in silence and the systemic erasure that often accompanies genocide.

    Canada recently observed the fourth National Day for Truth and Reconciliation, a time when the nation grapples with the ongoing impact of atrocities committed against Indigenous peoples.

    My work focuses on examining and understanding health practices and structures to better understand how to create anti-racist and anti-oppressive spaces for colleagues, learners and patients within our health-care systems, including how to engage Indigenous communities to propose and shape strategies.

    Polish jurist Raphael Lemkin coined the term “genocide,” identifying the techniques employed during genocide in eight areas: political, social, cultural, economic, biological, physical, religious and moral. Such systemic and immense violence is foundational to settler colonialism, and children bear the harshest brunt of the requisite dehumanization.

    Many of the atrocities against Indigenous people in Canada were carried out against Indigenous children, legitimized and legalized under the Indian Act — the blueprint for racial oppression within a democracy — and further enabled and enforced through secrecy, segregation and silence.

    Notable among the historical witnesses to these atrocities was Dr. Peter Bryce, a physician who documented the shocking mortality rates and abuses experienced by Indigenous children within the residential school system.

    A CBC report on Peter Bryce, a whistleblower on residential schools. (CBC News)

    As chief medical officer for the Department of Interior and Indian Affairs, Bryce went public with his findings.

    He was subsequently ostracized from the government and medical community and forced to retire. Defiantly, he went on to publish his findings in a report titled “The Story of A National Crime” in 1922.

    One hundred years later, his report remains a critical document for understanding the acts of genocide inflicted upon Indigenous Peoples.




    Read more:
    Residential school system recognized as genocide in Canada’s House of Commons: A harbinger of change


    Listening to health-care workers

    Bryce’s outspokenness shows that the voices of health-care workers are vital because we possess unique insights into the humanitarian crisis that unfolds in regions of conflict.

    They have a direct impact in areas of conflict due to their ability to provide care — and bear witness. What health-care workers are experiencing in Gaza is becoming incompatible with human life.

    Meaningful change will only emerge through an end to military aid, arms transfers and diplomatic cover for Israel, especially given it faces serious allegations from two international courts of genocide, war crimes and crimes against humanity.

    An immediate ceasefire and the lifting of the illegal blockade of Gaza are essential to enable health-care teams to provide critical life-saving care and to bear witness to the ongoing suffering.

    For me, personally, I carry the legacy of my ancestors as they watch down on me. Their survival of the horrors of the residential school system compel me — as a health-care professional — to break the silence around those suffering in Gaza.

    Suzanne Shoush 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. Here and abroad, health-care workers bear witness to the world’s worst atrocities – https://theconversation.com/here-and-abroad-health-care-workers-bear-witness-to-the-worlds-worst-atrocities-242076

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: UK Export Finance support for export of air defence systems to Poland

    Source: United Kingdom – Executive Government & Departments

    The UK government supports the export of air defence systems and associated goods and services (the ‘NAREW Programme’) by UK defence and Polish companies MBDA UK Limited and Polska Grupa Zbrojeniowa.

    Documents

    Details

    The first letter is from the UK Export Finance (UKEF) Chief Executive and Accounting Officer to the DBT Secretary of State. It requests ministerial direction on UKEF financing support associated with the NAREW air defence programme in Poland, in which MBDA UK Limited is a key supplier. The reasons for the request are set out in this letter.

    The second letter is from the DBT Secretary of State to the UKEF Chief Executive and Accounting Officer. It confirms the ministerial direction on UKEF financing support associated with the NAREW air defence programme in Poland.

    Updates to this page

    Published 31 October 2024

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Leading expert appointed to turbocharge Euston housebuilding

    Source: United Kingdom – Executive Government & Departments

    Regeneration expert Bek Seeley will chair the government’s Euston Housing Delivery Group.

    • Yesterday’s Budget confirmed Bek Seeley will chair government’s Euston Housing Deliver Group to deliver ambitious Euston regeneration.
    • Work begins immediately to support delivery of thousands of new homes and drive growth at the heart of the capital.
    • Appointment supports government’s plan to deliver biggest increase in social and affordable housing in a generation.

    A leading regeneration expert has been appointed as the Chair of a flagship government programme to drive growth and build thousands of new homes, in the heart of central London.  

    Yesterday’s Budget announced Bek Seeley, who has overseen major projects in London, Birmingham and Manchester, to chair the Euston Housing Delivery Group – which will drive forward an ambitious housing and regeneration initiative for the local area.

    The scheme will also include supporting a thriving life sciences district which will bolster the area’s existing Knowledge Quarter which works on important scientific discoveries and technological advances.  

    The Delivery Group will be made up of industry experts in urban design, landscape architecture, affordable housing delivery and financing large-scale projects. Their core focus is to unlock more investment in Euston and drive economic growth across the capital.   

    Working closely with the local community in Euston, Camden Council, the Mayor of London and ministers, the Group will help the area become one of Europe’s leading hubs for life sciences and innovation and set out wider ambitions to tackle the capital’s housing crisis with a new era of affordable homes.   

    Housing and Planning Minister, Matthew Pennycook said: 

    “The appointment of Bek Seeley as the Chair of the Euston Housing Delivery Group is an important milestone on the journey toward regenerating this historic London neighbourhood and supporting economic growth across the country.

    “The Government will continue to work with the London Borough of Camden, the Mayor of London, and local partners and communities to accelerate the delivery of significant numbers of new homes and an expanded Knowledge Quarter alongside a much-improved Euston Station”.

    The announcement comes as it was also confirmed HS2 trains will run to Euston, with funding provided for tunnelling to the central London terminus, catalysing private investment into the station and local area.

    The Delivery Group’s work begins immediately in Euston. A housing site under-construction in Somers Town was recently visited by the Housing Minister to see first-hand the progress being made to transform the area and deliver a new economic hub where people want to live and work.  
      
    Chair of the Euston Housing Delivery Group, Bek Seeley said:   

    “I’m hugely excited to be asked to chair the EHDG as we set about the task of delivering thousands of new homes to benefit the existing community and to also underpin growth in one of the world’s leading knowledge and life science districts.   

    “My ambition is that Euston provides safe and welcoming homes, ensuring that every resident feels secure and valued and that Euston is also a place that the UK is proud of on the world stage, driving our broader economy forwards.” 

    Leader of Camden Council, Cllr Richard Olszewski said:   

    “This commitment to deliver new and affordable homes in Euston, together with the local community, is a much-needed step forward to get Euston on track towards a better future. 
     
    “Not only have many families in Euston felt the impacts of the housing crisis, but they have lived through years of uncertainty and upheaval. They rightly deserve hope for the future and a Euston that delivers for them with job opportunities, affordable homes, new open spaces, and community facilities.   
     
    “At Euston, we also have a once-in-a-generation opportunity to achieve this alongside a rapid expansion of London’s Knowledge Quarter, transforming it into a tech and science powerhouse that generates investment and opportunity for the entire country. We look forward to working in partnership with the Housing Delivery Group, Government, and our residents to turn this opportunity into a reality.”  

    The government and the Mayor will be working hand-in-hand to ensure that London plays its part to deliver record levels of housebuilding and support ambitions for 1.5 million homes over this Parliament.   

    This includes working together on all possible steps to deliver the homes that London needs – and to meet the updated housing target for the capital that is more than double the delivery of recent years.   

    Deputy Mayor of London for Planning and Regeneration, Jules Pipe said:

    “I am looking forward to working with Bek and the Euston Housing Delivery Group to ensure that we maximise Euston’s contribution to housing alongside delivering a world-class transport hub and supporting the development and growth of the Knowledge Quarter.

    “The Mayor is committed to doing all he can to accelerate the pace of housing delivery in London. The unlocking of major sites such as Euston, which has been on hold for far too long has a vital part to play in delivering the growth we need. Leveraging the link between transport investment and housing, here and in other locations such as Thamesmead, will enable the delivery of new homes and jobs as part of building a fairer, greener and more prosperous London for everyone.”

    Alongside the Delivery Group, the New Homes Accelerator will see work across government and with the Mayor and boroughs to fast-track large sites in London to unlock more homes and offer direct support to speed up delivery.   

    A new housing package was also announced yesterday including £500 million in new funding for the Affordable Homes Programme – the biggest annual budget for affordable housing in over a decade which will support government efforts to deliver thousands of new homes in London and across the country.

    Further information

    In Spring, the previous government and London Borough of Camden announced the establishment of the Euston Housing Delivery Group, tasked with assessing the scale of housing opportunities in the Euston area.   

    Bek Seeley was previously the European Managing Director for Development at Lendlease, which is a multinational construction and real estate company. She also holds several senior advisory roles in regeneration and affordable housing delivery. Bek is responsible for leading major housing projects across London, Manchester and Birmingham.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Financial news: 10/31/2024, 15-37 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the RU000A105WH2 (GazKZ-26E) security were changed.

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/31/2024

    15:37

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 10/31/2024, 15:37 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -21.69%), the carry rate and the range of interest rate risk assessment (up to -67.13 rubles, equivalent to a rate of 46.36%) of the RU000A105WH2 security (GazKZ-26E) were changed.

    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.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74457

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: End of support for 32-bit versions of terminals from 2025

    Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    We inform you that from November 1, 2025, support for 32-bit versions of MOEX Trade terminals for stock, currency, money, commodity markets and the ASTS Bridge gateway will be discontinued.

    Full list of terminals and gateways, support for 32-bit versions of which will be discontinued:

    MOEX Trade SE MOEX Trade Currency MOEX Trade TI MOEX Trade Agro MOEX Trade Agro Auction MOEX Trade Agro Intervention ASTS Bridge

    The release of new 32-bit versions will cease from the date of implementation of the first release in 2025.

    Contact information for media 7 (495) 363-3232PR@moex.com

    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.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74459

    MIL OSI Russia News

  • MIL-OSI USA: Congressman Gaetz Introduces Legislation to End Tax-Exempt Status for Non-Profits Abetting the U.S. Border Invasion

    Source: United States House of Representatives – Congressman Matt Gaetz (1st District of Florida)

    Washington, D.C.  This week, U.S. Congressman Matt Gaetz (FL-01) introduced the “Helping Americans by Restricting Resources to Immigrant Services Act,” also known as the HARRIS Act. The legislation, if enacted, would end the tax-exempt status of non-governmental organizations (NGOs), non-profits, and other entities that are aiding and abetting the U.S. border invasion by dedicating a “substantial” portion of their resources to goods and services for illegal aliens. The legislation is cosponsored by Reps. Randy Weber (TX-14), Lauren Boebert (CO-03), and Andy Biggs (AZ-05).

    Earlier this month, Congressman Gaetz introduced the “Blocking Assistance and Resources to Restrict Illegal Entry and Residency (BARRIER) Act” to cut federal funding to NGOs, non-profits, and other entities that help migrants illegally enter or reside in the U.S. Together, these two pieces of legislation would sever the public-private partnership that has supported the illegal crossing of our southern border by millions of people.

    “NGOs and non-profits that enable the Biden-Harris administration’s mass-migration policies – by focusing primarily on providing assistance to those who have broken federal immigration law – should not be receiving tax breaks. My legislation, the HARRIS Act, will strip tax-exempt status from organizations aiding and abetting the U.S. border invasion. If non-profits want special treatment under our tax-code, they should focus on doing genuine charity for genuine Americans, not illegal aliens,” said Congressman Gaetz.

    Full text of Congressman Gaetz’s bill can be found HERE. Additionally, exclusive coverage of the bill by Daily Caller can be found HERE.

    ### 

    For updates, subscribe to Congressman Gaetz’s newsletter here.

    MIL OSI USA News

  • MIL-OSI USA: 2023 Irrigation and Water Management data now available

    Source: US National Agricultural Statistics Service

    WASHINGTON, Oct. 31, 2024 – There were 212,714 farms with 53.1 million irrigated acres, which included 81 million acre-feet of water applied in the United States, according to the 2023 Irrigation and Water Management Survey results, published today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). In 2018, the irrigation survey results showed that there were 231,474 farms with 55.9 million irrigated acres, which included 83.4 million acre-feet of water. The results show that the number of farms irrigating, the amount of land irrigated, and the total water used for irrigation decreased between 2018 and 2023.

    “The 2023 Irrigation and Water Management Survey, conducted every five years, expands on the data collected in the 2022 Census of Agriculture,” said NASS Administrator Joseph L. Parsons. “This report offers detailed, comprehensive, up-to-date information specific to the agriculture industry’s use, management, and investment of water supplies and irrigation systems.”

    Data highlights from the 2023 Irrigation and Water Management Survey include:

    • The total amount of water used in 2023 was 81 million acre-feet, down 2.8% from 2018.
    • The average acre-feet applied per acre was 1.5, which was the same as the 2018 irrigation survey. (An acre-foot is the amount of water required to cover one acre to a depth of one foot.)
    • The largest portion of irrigated farmland acres in the United States was dedicated to cropland – including grain and oilseed crops, vegetables, nursery and greenhouse, and hay crops.
    • Farmers irrigated 49.6 million acres of harvested cropland acres in the open in 2023.
    • Ground water from on-farm wells accounted for 54% of irrigation water applied to acres in the open; the average well depth in 2023 was 241 feet.
    • Ground water from on-farm wells accounted for 54% of irrigation water applied to acres in the open; the average well depth in 2023 was 241 feet.
    • Five states accounted for around one-half of the irrigated acres, and more than half of all water applied – Arkansas, California, Idaho, Nebraska, and Texas.
    • Equipment, in general, is one of the leading irrigation expenditures with farmers and ranchers spending $3 billion on irrigation equipment, facilities, land improvements and computer technology in 2023; energy costs for pumping well and surface water amounted to $3.3 billion.
    • Irrigated area of horticulture under protection was 1.7 billion square feet in 2023. This compares with 1.5 billion square feet in 2018.
    • Irrigated horticulture grown in the open was 598,980 acres in 2023. This compares with 581,936 acres in 2018.

    The 2023 Irrigation and Water Management Survey followed up with approximately 35,000 producers who indicated in the 2022 Census of Agriculture that they irrigated or had irrigation equipment. Producers provided information on water sources and amount of water used; acres irrigated by type of system; irrigation use by crop; and system investments and energy costs.

    “The 2023 Irrigation and Water Management Survey data provide valuable information that producers, farm organizations, businesses, state departments of agriculture, elected representatives and legislative bodies at all levels of government can use to make agriculture water use more efficient,” said Parsons. “From comparing water use by application methods or appraising water use trends to developing improved technologies or federal programs, these data are crucial to the industry.”

    To access the results of the 2023 Irrigation and Water Management Survey, visit nass.usda.gov/AgCensus or view in NASS’s online Quick Stats database.

    MIL OSI USA News

  • MIL-OSI USA: NIH trial of rectal microbicide for HIV prevention begins in the United States

    Source: US Department of Health and Human Services – 2

    MIL OSI USA News

  • MIL-OSI Banking: IMF Annual Meeting 2024

    Source: Central Bank of Iceland

    Ásgeir Jónsson, Governor of the Central Bank of Iceland, and Tómas Brynjólfsson, Deputy Governor for Financial Stability, participated along with other representatives from the Central Bank of Iceland in the Annual Meetings of the International Monetary Fund held in Washington DC on October 21-26, 2024.

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Re-opening the 2024 Standard Civil Contract procurement process

    Source: United Kingdom – Executive Government & Departments

    The LAA will be re-opening the procurement for the Standard Civil 2024 Contract in December 2024.

    The Standard Civil 2024 (SCC 2024) Contract went live on Sunday 1 September 2024. The LAA will shortly be re-opening the SCC 2024 procurement process to enable new entrants into the market.

    Those that tendered and did not successfully complete the tender verification process during the previous SCC 2024 procurement processes, after registering their intention to continue with their tender, will not need to complete all stages unless they wish to make changes to their tender.  

    Following registration any partially verified tenders will be passported into this process. These applicants will be required to confirm information provided at the Selection Questionnaire stage remains accurate and to provide the required verification information. At the point of passing the verification stage a SCC 2024 will be awarded.  

    At the point of re-opening the tender in December 2024 the procurement will remain open during the lifecycle of the contract, so that new entrants can apply for a SCC 2024 contract at any time.  

    No action is required for anyone who already holds a Standard Civil 2024 Contract.vil 2024 Contract.

    Updates to this page

    Published 31 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Radio 2 in the Park Boosts Preston Economy by £5.3 Million

    Source: City of Preston

    In September, Preston’s Moor Park was the vibrant setting for BBC Radio 2 in the Park, as global superstars like the Pet Shop Boys, Sting, and Sugababes drew thousands of music fans from across the country. 

    Over three days, the festival welcomed 68,100 attendees, sparking a major economic boost for the city. This brought over £5 million in visitor spending, creating jobs and supporting local businesses throughout Preston.

    The BBC-hosted event attracted both local residents and visitors from across the UK. Around 13% of attendees were from Preston itself, while the majority were from further afield. It is estimated around 16,000 visitors stayed overnight, and a further 31,000 came for day trips, making Preston a vibrant hub over the course of the weekend.

    Councillor Hindle, Cabinet Member for Culture and Arts at Preston City Council said:

    Radio 2 in the Park has proven to be a tremendous success for the city of Preston. Not only did it attract thousands of visitors to enjoy top-quality entertainment, it also delivered a substantial boost to our local economy.

    “The £5.3 million spent in the city over the weekend is a testament to Preston’s appeal as a destination for major events. We are proud of the way the city welcomed visitors and demonstrated our ability to host events on this scale. The lasting economic impact, including the jobs supported, shows just how valuable these events are for our community. We look forward to building on this momentum for future opportunities.”

    John Chesworth, Chair of Preston Partnership said:

    At Preston Partnership, we are dedicated to driving place direction and sustainable growth in the city. Radio 2 in the Park has been a fantastic opportunity to showcase Preston, bringing significant economic benefits to the area. Events like this not only boost the local economy through increased footfall and tourism but also provide a valuable platform for local businesses to thrive. We are proud to have been part of this venture, which has contributed to Preston’s economic development and future resilience.”

    Helen Thomas, Head of Radio 2 said:

    I’m so pleased the event has had such positive impact for the local economy, businesses and communities. All of us at Radio 2 would like to thank Preston City Council and the people of Preston for the incredibly warm welcome they gave Radio 2 in the Park when the station decamped to the city in September. We were delighted to broadcast live from several local venues during the build-up to the epic weekend in Moor Park and were proud to shine a light on this fantastic city across our shows during the event weekend and beyond.”

    This influx of visitors led to an estimated £2.4 million in Gross Value Added (GVA) for the city of Preston, helping to support an estimated 2,100 jobs in the city during the three-day event. The figures provided exclude expenditure by Preston residents. However, local attendees spent an estimated £434,000 during the event, further adding to the local economy.

    Economic analysis of the event was conducted by Hatch, a global consultancy with expertise in economic development and social impact assessment.

    Tim Fanning, Director at Hatch, stated:

    Events like this bring a range of benefits to their host locations. Our analysis shows that Radio 2 in the Park has provided a large economic boost to the city of Preston – boosting spending by up to 5% over the September weekend. Moreover, it has generated significant profile for the city, which has knock-on benefits for the visitor economy.”

    This year’s Radio 2 in the Park not only provided unforgettable entertainment for thousands but also left a lasting positive impact on the city of Preston, highlighting its potential as a host city for future large-scale events. Radio 2 in the Park has shone a spotlight on Preston and provided national media coverage from March this year helping to put Preston on the map.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Secretary of State for Northern Ireland has given notification under Schedule 6A Northern Ireland Act 1998

    Source: United Kingdom – Government Statements

    The Secretary of State has given notification of the start of the democratic consent process, as referred to in paragraphs 3 and 4 of the declaration by His Majesty’s Government concerning the operation of the ‘Democratic consent in Northern Ireland’ provision of the Windsor Framework made on 17 October 2019.

    Applies to Northern Ireland

    Documents

    NOTIFICATION UNDER SCHEDULE 6A NORTHERN IRELAND ACT 1998

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email communications@nio.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    Dear Edwin,

    NOTIFICATION UNDER SCHEDULE 6A NORTHERN IRELAND ACT 1998

    Under Schedule 6A of the Northern Ireland Act 1998, it is my duty as Secretary of State to give notification of the start of the democratic consent process, as referred to in paragraphs 3 and 4 of the declaration by His Majesty’s Government concerning the operation of the ‘Democratic consent in Northern Ireland’ provision of the Windsor Framework made on 17 October 2019.

    This notification marks the day immediately before the start of the final two months of the current continuation period. The first day of the new continuation period will be 1 January 2025. Before that date, this Government must notify the European Commission of the outcome of the democratic consent process established by Schedule 6A in relation to the continued application of Articles 5 to 10 of the Framework during the new continuation period.

    I can confirm that for this upcoming democratic consent process, the default democratic consent process will apply, as set out in Part 3 of Schedule 6A.

    Schedule 6A prescribes the text of the motion to be tabled, and has remained unamended since December 2020 such that it refers to the former Northern Ireland Protocol. As you will know, the arrangements laying down the Windsor Framework at the UK/EU Withdrawal Agreement Joint Committee included agreement that references to the ‘the Protocol on Ireland/Northern Ireland’ (such as that prescribed in the motion) will be read by the Government to mean the Windsor Framework. I would be grateful if this could be put to Assembly Members should there be doubt as to the validity of a motion.

    I am copying this letter to the First Minister and deputy First Minister of Northern Ireland, Michelle O’Neill & Emma Little-Pengelly.

    THE RT HON HILARY BENN MP

    SECRETARY OF STATE FOR NORTHERN IRELAND

    Updates to this page

    Published 31 October 2024

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Visit Leicester libraries for a warm welcome

    Source: City of Leicester

    LEICESTER libraries are offering people a warm welcome over the winter months, with a range of free activities on offer.

    The Warm Welcome programme runs from now until the end of March 2025, giving people the chance to use their local library as a ‘warm hub’ where they can enjoy a hot drink, meet new people, and try something new.

    It has all been brought together by a collaboration of council services, including Leicester libraries, Leicester Adult Education and the council’s public health team.

    For the first six weeks, there will be an activity at the same time and day at your local library or Warm Welcome location. All sessions are free of charge, and once signed up, people are welcome to attend as many sessions as they would like.

    Activities include an introduction to art inspired by nature at St Barnabas Library, where you can get creative and learn a variety of techniques, including pebble art, watercolours and card printing.

    At Beaumont Leys, Pork Pie and Highfields libraries, a series of sessions on sustainable crafting will include making cards and gift tags, recycling sari fabric and garlands, and creating seasonal wreaths.

    The Brite Centre in Braunstone will run sessions on everyday cooking as well as a series of events exploring local history, while Sew to Save at New Parks library will help people to transform recycled materials into something new using a range of different techniques.  

    There will also be a programme of events on mindfulness at Leicester Central Library. For the full list of what’s going on where, ask at your local library or see leicester.gov.uk/warmwelcome

    Assistant city mayor for culture, libraries and community centres, Cllr Vi Dempster, said: “We know that for some people, winter can be really challenging. On top of dark evenings and social isolation, many people are still struggling with the cost of living and we want to support them to keep warm.

    “Libraries and community centres are at the heart of our neighbourhoods. These sessions are a chance to learn something new in a warm and welcoming space, so that no-one need feel cold or alone through the winter months.”

    Deputy city mayor Cllr Sarah Russell, who leads on public health, said: “Our Warm Welcome programme has been really popular in recent years, helping people to get together during the long winter months in a friendly environment.  

    “As well as offering a chance to socialise, by bringing together specialists from across the council, we can offer expert advice and help to anyone who might be struggling this winter. A Warm Welcome can be the gateway to further support.”

    Leicester Libraries also offer a vast range of free resources, including free wifi and use of computers, free weekly Toddler Time sessions for young children, and homework clubs for school-age children. There’s access to a vast range of books, plus online e-books and e-magazines through the new Bookfinder website, where you can also reserve, renew, search for and review books, as well as find out about events coming up in your local library.

    To find out more, visit leicester.gov.uk/libraries and https://bookfinder.leicester.gov.uk

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Warm welcome for energy efficiency improvements to back-to-back homes

    Source: City of Leeds

    Dozens of back-to-back terraced homes are set to receive energy efficiency upgrades as Leeds City Council continues its efforts to deliver the best possible housing standards for all local communities.

    The improvements will be made to as many as 100 back-to-backs in the Cedars area of Armley during a £4.4m scheme that is due to get under way in January.

    Planned measures include new insulation for external walls and attic rooms as well as the installation of replacement doors and windows where required.

    The work is designed to make the homes easier and more affordable to heat, which should in turn lead to a reduction in fuel poverty and cold-related illness. A detailed technical study will also be carried out to assess the suitability of the area for the possible future use of carbon-cutting ground source heat pumps.

    The scheme is being part-funded by the council, with the West Yorkshire Combined Authority, central government and energy suppliers among those providing additional support. Energy and regeneration specialist Equans will act as delivery partner.

    The Cedars was chosen as the location for the work due to its comparatively high levels of deprivation, with an above-average proportion of residents living in fuel poverty. Many of the back-to-back houses in the area are more than 100 years old.

    Under current plans, just over half of the homes to be improved will be from the council’s housing stock. The remainder will be privately owned, with up to 25 per cent of the cost of changes to these properties being met by landlords or owner-occupiers.

    The inclusion of a range of tenures will, it is hoped, allow the scheme to have a positive visual impact on whole streets and ‘clusters’ of housing rather than dispersed individual homes.

    Scheduled for completion by the end of 2025, the programme follows similar improvements to around 300 properties in Holbeck.

    Hundreds of flats in tower blocks in Little London and Seacroft have also recently benefited from energy efficiency upgrades.

    These projects, and others like them, underline the council’s commitment to addressing social and health inequalities and the part they play in causing illness and lower life expectancy.

    They also show how the council is working with partners to tackle climate change as it seeks to make Leeds the first net zero city in the UK.

    Councillor Jess Lennox, Leeds City Council’s executive member for housing, said:

    “As a council, we are determined to ensure that everyone in Leeds has a home that gives them the right foundation for leading a happy and healthy life.

    “Schemes like the one which will soon be starting in the Cedars can move us another step towards achieving that hugely important goal.

    “The work will make homes easier and cheaper to heat, a vital consideration at a time when many households are experiencing fuel poverty.

    “There will also be environmental benefits, with improved energy efficiency for properties meaning a reduction in carbon emissions.

    “We’re grateful to our partners for supporting a scheme that will have a really positive impact on this community.”

    Tracy Brabin, Mayor of West Yorkshire, said:

    “Our region is home to some of the oldest houses in the country, including our famous back-to-back terraces in Leeds.

    “In this cost of living crisis, it’s vital that we invest now to upgrade these homes for the long term, saving some households hundreds of pounds a year off their energy bills.

    “By working with Leeds City Council and providing free support through our Home Energy West Yorkshire initiative, we’ll build a greener, more secure region with warmer homes and brighter communities for all.”

    The provision of good quality housing is a key objective of Leeds’s ongoing Marmot programme, which aims to reduce health inequalities using an approach developed by leading epidemiologist Professor Sir Michael Marmot.

    Launched in June last year, the programme is being spearheaded by the council alongside University College London’s Institute of Health Equity.

    ENDS

    MIL OSI United Kingdom

  • MIL-OSI Canada: Minister Steven Guilbeault to make an announcement about dental care in Montréal

    Source: Government of Canada News

    Media advisory

    Montréal, Quebec – October 31, 2024 – Media representatives are advised that the Honourable Steven Guilbeault, Minister of Environment and Climate Change, will make an announcement about the Canadian Dental Care Plan, on behalf of the Honourable Mark Holland, Minister of Health, at a local dentist clinic in Montréal alongside the business owners. He will also be accompanied by Rachel Bendayan, Member of Parliament for Outremont.

    Event: Announcement
    Date: Friday, November 1, 2024
    Time: 12:00 p.m. (EDT)
    Location: Montréal, Quebec

    The location of the media availability will be confirmed only to accredited media representatives who have registered with Media Relations for Environment and Climate Change Canada at the following address: media@ec.gc.ca.

    Contacts

    Hermine Landry
    Press Secretary
    Office of the Minister of Environment and Climate Change
    873-455-3714
    Hermine.Landry@ec.gc.ca

    Media Relations
    Environment and Climate Change Canada
    819-938-3338 or 1-844-836-7799 (toll-free)
    media@ec.gc.ca

    Environment and Climate Change Canada’s X (Twitter) page

    Environment and Climate Change Canada’s Facebook page

    Matthew Kronberg
    Press Secretary
    Office of the Honourable Mark Holland
    Minister of Health
    343-552-5654
    Matthew.Kronberg@hc-sc.gc.ca

    Media Relations
    Health Canada
    613-957-2983
    media@hc-sc.gc.ca

    MIL OSI Canada News

  • MIL-OSI Canada: Collaboration Agreement for the Development of Arts and Culture in the Francophone Minority Communities of Canada renewed

    Source: Government of Canada News

    News release

    OTTAWA, October 31, 2024

    Showcasing Francophone artists and their work strengthens the vitality of Canada’s official language minority communities. More than ever, it is crucial to be collaborative and inclusive in increasing the visibility and outreach of minority artists, arts and culture organizations and industries.

    With these goals in mind, the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, met with the leaders of the National Arts Centre, the Canada Council for the Arts, the Fédération culturelle canadienne-française, the Canadian Broadcasting Corporation, the National Film Board of Canada and Telefilm Canada at the annual forum of the network of members of the Fédération culturelle canadienne-française. They announced the renewal of the Collaboration Agreement for the Development of Arts and Culture in the Francophone Minority Communities of Canada. Minister Boissonault took part in the signing ceremony on behalf of the Honourable Pascale St-Onge, Minister of Canadian Heritage.

    The Agreement aims to strengthen consultation and collaboration among stakeholders, while allowing each of them to meet their obligations under the Official Languages Act. It proposes to implement concrete positive measures to ensure the sustainable cultural development of Canada’s Francophone minority communities as well as the vitality of Francophone minority culture.

    This agreement was signed 25 years ago and was recently renewed as part of the Action Plan for Official Languages 2023–2028. It plays an essential role in the promotion and support of arts and culture in Canada’s Francophone minority communities.

    Quotes

    “Arts and culture, like language, promote people’s expressions, shape their identity and contribute to the vitality of their communities. That’s why, today, we are renewing this Collaboration Agreement for the Development of Arts and Culture in the Francophone Minority Communities. This agreement will give Francophone minority communities across the country the tools they need to continue grow, learn and innovate through the arts.”

    – The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages

    “By renewing this agreement, we’re empowering the arts and culture sector to drive economic growth and celebrate the rich diversity of Francophone Canada—amplifying its voice at home and around the world.”

    – The Honourable Pascale St-Onge, Minister of Canadian Heritage

    “The National Arts Centre has been part of this important agreement since its very beginning. Our commitment to artists from Francophone minority communities remains just as strong, as demonstrated by the renewal of this agreement. We will remain actively engaged in supporting expressions of Francophone culture and the French language across the country, and in partnering with Francophone performing arts organizations and artists.”

    – Christopher Deacon, President and Chief Executive Officer, National Arts Centre

    “I am extremely proud to sign the renewed Collaboration Agreement until 2028. This new version reflects the full extent of legislative improvements resulting from the modernization of the Official Languages Act, including the duty to implement positive measures to support the development of our communities and promote their growth.”

    – Nancy Juneau, President of the Fédération culturelle canadienne-française

    “In collaboration with our partners, the Canada Council for the Arts is proud to renew this agreement, which celebrates and develops the essential links between culture, official languages and identity. Artists from Francophone minority communities across the country help shape a rich and diverse artistic scene. Their contributions embody and strengthen Canada’s unique linguistic tapestry.”

    – Michelle Chawla, Director and Chief Executive Officer, Canada Council for the Arts

    “With its firm roots in the communities it serves, particularly those in linguistic minority settings, Radio-Canada plays an active role in expanding the reach of French-language culture and bringing Francophones across the country together. The renewal of this agreement gives us an additional tool to promote dialogue and collaboration with the federations and associations that, like us, are committed to securing the future of the French language and Francophone arts and culture in their rich diversity.”

    – Dany Meloul, Executive Vice-President, Radio-Canada

    “With the renewal of this agreement, the NFB is renewing its commitment, in collaboration with its valued partners, to showcasing French culture and ensuring it thrives throughout Canada. This is another concrete action in supporting and showcasing rich French culture, and the diversity of our communities where it originates, throughout the country.”

    – Suzanne Guèvremont, Government Film Commissioner and Chairperson, National Film Board of Canada

    “The unifying power of cinema resonates naturally within communities evolving in minority settings across Canada. This collaborative agreement allows us to maximize our impact in order to support the growth of artists in these communities and ensure that their stories are heard here and around the world. Telefilm Canada remains committed to achieving concrete results in implementing the Official Languages Act and actively pursues collaboration with cultural partners and key players in the audiovisual industry.” 

    – Julie Roy, Executive Director and Chief Executive Officer, Telefilm Canada

    Quick facts

    • In June 1998, a first Collaboration Agreement for the Development of Arts and Culture in the Francophone Minority Communities of Canada was signed to encourage structured dialogue and concerted action between federal agencies and Francophone communities. It is a pillar in the implementation of the Government of Canada’s official language commitments, supporting community development and cultural outreach through concrete projects.

    • The Action Plan for Official Languages 2023‑2028: Protection-Promotion-Collaboration represents a $4.1-billion investment in support of seven government departments and 33 new or enhanced initiatives aimed at protecting and promoting the country’s official languages.

    • This action plan is the fifth five-year official languages plan in 20 years. The 33 initiatives included in the plan have been structured around four pillars. In addition, they are inspired by government priorities and issues raised by Canadian communities during the Cross-Canada Official Languages Consultations 2022, which was the basis for the Report on the consultations – Cross-Canada Official Languages Consultations 2022.

    • On June 20, 2023, the Government of Canada received Royal Assent for Bill C-13, An Act for the Substantive Equality of Canada’s Official Languages. Among other goals, the Act aims to address the decline of French in the country and to clarify and strengthen the promotion of official languages, while supporting official language minority communities.

    • Every province and territory has official language minority communities, each with its own particular reality and needs. The Action Plan is designed to address the unique challenges facing Francophone communities outside Quebec and English-speaking communities in Quebec.

    Associated links

    Contacts

    For more information (media only), please contact:

    John Fragos
    Communications Advisor
    Office of the Minister of Employment, Workforce Development and Official Languages
    john.fragos@hrsdc-rhdcc.gc.ca

    Media Relations
    Canadian Heritage
    media@pch.gc.ca

    MIL OSI Canada News

  • MIL-Evening Report: Peter Dutton’s reshuffle: David Coleman the surprise choice as shadow foreign minister

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Peter Dutton has chosen a dark horse in naming David Coleman for the key shadow foreign affairs portfolio, in a reshuffle that also seeks to boost the opposition’s credentials with women.

    Coleman has been communications spokesman. He led the opposition’s campaign for an age limit on young people’s access to social media – a policy that was later adopted by the government and now has been legislated by the parliament.

    He is one of the opposition’s small band of moderates although not seen as a factional player.

    Coleman, who holds the Sydney marginal seat of Banks, has done extensive work with Middle East communities and the Chinese community. He is a former minister for immigration, citizenship, migrant services and multicultural affairs.

    The foreign affairs job, previously held by Simon Birmingham, who is departing parliament, was keenly sought by a number of frontbenchers. One of the aspirants was deputy Liberal leader Sussan Ley, whose position entitles her to choose her portfolio, at least in theory.

    Dutton has also brought Julian Leeser back onto the frontbench, as shadow assistant minister for foreign affairs. Leeser quit the shadow ministry to fight for the yes case in the 2023 Voice referendum.

    While his return will be welcomed by many on merit grounds, it also reflects the high profile that Leeser, who is Jewish, has taken in demanding more action against the wave of antiseminism in Australia. Announcing his reshuffle on Saturday, Dutton described Leeser as “a powerhouse of support for Australia’s Jewish community”.

    The new shadow cabinet has 11 women, the same number as in the Albanese cabinet.

    Melissa McIntosh, from NSW, has been promoted to the shadow cabinet and takes Coleman’s previous job of communications. She stays shadow minister for Western Sydney.

    Claire Chandler, from Tasmania and the right, is promoted to shadow cabinet as shadow minister for government services and the digital economy and shadow minister science and the arts. Chandler was in the headlines before the last election for her campaigning against trans women’s access to female sports.

    The high profile Jacinta Price receives a promotion. In shades of Elon Musk’s role in the United States, in addition to her current responsibility as shadow minister for Indigenous Australians, she has been given a new role as shadow minister for government efficiency.

    Tony Pasin, from South Australia and the right faction, joins the shadow ministry as spokesman on roads and road safety. The government is emphasising its roads program in its campaigning, this month announcing $7.2 billion to upgrade the Bruce Highway.

    Matt O’Sullivan, a senator from Western Australia, joins the outer shadow ministry as shadow assistant minister for education.

    Ted O’Brien adds energy affordability and reliability to his key role as the opposition’s energy spokesman, in which he is prosecuting the nuclear debate. It has been speculated that the government is likely to do more to give people relief on their power bills.

    Kerrynne Liddle adds Indigenous health services to her responsibilities as shadow minister for child protection and the prevention of family violence.

    Victorian senator James Paterson, who as home affairs spokesman has been regarded as one of the opposition’s best performers, joins the Coalition leadership group.

    Michael Sukkar becomes manager of opposition business in the House of Representatives, the position that has been held by Paul Fletcher, who is retiring at the election.

    Michelle Grattan 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. Peter Dutton’s reshuffle: David Coleman the surprise choice as shadow foreign minister – https://theconversation.com/peter-duttons-reshuffle-david-coleman-the-surprise-choice-as-shadow-foreign-minister-248303

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Smith Announces Upcoming Staff Outreach Event

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, D.C. – Constituents of Third District Congressman Adrian Smith (R-NE) are invited to meet with a member of his staff during the month of November in Wilber.

    A staff outreach event is an opportunity for constituents to meet directly with a member of Smith’s staff about federal issues, receive assistance with a federal agency, or take advantage of the services available through his office.

    Smith, who has offices in Grand Island, Scottsbluff, and Nebraska City, will provide a staff member at the following time and location:

    Tuesday, November 12, 2024

    Saline County Courthouse
    204 High Street, Wilber
    10:30 a.m. – 11:30 a.m. CT

    For additional information, please contact Smith’s Grand Island office at (308) 384-3900, his Scottsbluff office at (308) 633-6333, or his Nebraska City office at (402) 874-6050.
     

    MIL OSI USA News

  • MIL-OSI USA: Columbia Airport Expressway Named After Congressman Joe Wilson

    Source: United States House of Representatives – Representative Joe Wilson (2nd District of South Carolina)

    Washington, D.C. – South Carolina Attorney General Alan Wilson, South Carolina Secretary of Transportation Justin Powell, U.S. Congressman Ralph Norman (SC-05), elected officials, family and friends, all gathered today at the Columbia Metropolitan Airport for the naming ceremony of the Columbia Airport Expressway in honor of Congressman Joe Wilson (SC-02).

         Earlier this year, the South Carolina Department of Transportation (SCDOT) Commission voted to name the section of highway after Wilson in appreciation for his many years of dedicated service to the Palmetto State.

         “I am beyond grateful to SCDOT for naming Columbia Airport Expressway the Congressman Joe Wilson Expressway and will always fight for the people of South Carolina and the United States,” said Congressman Wilson. 

    Congressman Wilson is joined by family members (L to R) Addison, Lauren, Hunter, Julian, Roxanne, Anna Grace, Jennifer, and Alan at the naming ceremony.

    ###

    MIL OSI USA News

  • MIL-OSI Europe: Statement by the High Representative on behalf of the EU on the UNRWA legislation

    Source: Council of the European Union

    The European Union expresses its deep concern over Israeli-adopted legislation affecting UNRWA’s operations in the West Bank, emphasizing the agency’s critical role in providing humanitarian services and reaffirming its commitment to support UNRWA’s mandate as essential until a sustainable solution to the conflict is achieved.

    MIL OSI Europe News

  • MIL-OSI: International Petroleum Corporation Announces Results of Normal Course Issuer Bid and Updated Share Capital

    Source: GlobeNewswire (MIL-OSI)

    International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 66,800 IPC common shares (ISIN: CA46016U1084) during the period of October 28 to 31, 2024 under IPC’s normal course issuer bid / share repurchase program (NCIB).

    IPC’s NCIB, announced on December 1, 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm and applicable Canadian and Swedish securities laws.

    During the period of October 28 to 31, 2024, IPC repurchased a total of 52,500 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC.

    For more information regarding transactions under the NCIB in Sweden, including aggregated volume, weighted average price per share and total transaction value for each trading day during the period of October 28 to 31, 2024, see the following link to Nasdaq Stockholm’s website:

    www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares

    A detailed breakdown of the transactions conducted on Nasdaq Stockholm during the period of October 28 to 31, 2024 according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with this press release on IPC’s website: www.international-petroleum.com/news-and-media/press-releases.

    During the same period, IPC purchased a total of 14,300 IPC common shares on the TSX. All of these share repurchases were carried out by ATB Capital Markets Inc. on behalf of IPC.

    All common shares repurchased by IPC under the NCIB will be cancelled. During October 2024, IPC cancelled 506,400 common shares repurchased under the NCIB. As at October 31, 2024, the total number of issued and outstanding IPC common shares is 120,244,638 with voting rights and IPC holds 44,400 common shares in treasury.

    Since December 5, 2023 up to and including October 31, 2024, a total of 8,024,582 IPC common shares have been repurchased under the NCIB through the facilities of the TSX and Nasdaq Stockholm. A maximum of 8,342,119 IPC common shares may be repurchased over the period of twelve months commencing December 5, 2023 and ending December 4, 2024, or until such earlier date as the NCIB is completed or terminated by IPC.

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50
      Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15

    This information is information that International Petroleum Corporation is required to make public pursuant to the Swedish Financial Instruments Trading Act. The information
    was submitted for publication, through the contact persons set out above, at 17:30 CET on October 31, 2024.

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements with respect to: the ability and willingness of IPC to continue the NCIB, including the number of common shares to be acquired and cancelled and the timing of such purchases and cancellations; and the return of value to IPC’s shareholders as a result of any common share repurchases.

    The forward-looking statements are based on certain key expectations and assumptions made by IPC, including expectations and assumptions concerning: prevailing commodity prices and currency exchange rates; applicable royalty rates and tax laws; interest rates; future well production rates and reserve and contingent resource volumes; operating costs; our ability to maintain our existing credit ratings; our ability to achieve our performance targets; the timing of receipt of regulatory approvals; the performance of existing wells; the success obtained in drilling new wells; anticipated timing and results of capital expenditures; the sufficiency of budgeted capital expenditures in carrying out planned activities; the timing, location and extent of future drilling operations; the successful completion of acquisitions and dispositions and that we will be able to implement our standards, controls, procedures and policies in respect of any acquisitions and realize the expected synergies on the anticipated timeline or at all; the benefits of acquisitions; the state of the economy and the exploration and production business in the jurisdictions in which IPC operates and globally; the availability and cost of financing, labour and services; our intention to complete share repurchases under our normal course issuer bid program, including the funding of such share repurchases, existing and future market conditions, including with respect to the price of our common shares, and compliance with respect to applicable limitations under securities laws and regulations and stock exchange policies; and the ability to market crude oil, natural gas and natural gas liquids successfully.

    Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to: general global economic, market and business conditions; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; innovation and cybersecurity risks related to our systems, including our costs of addressing or mitigating such risks; the ability to attract, engage and retain skilled employees; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; geopolitical conflicts, including the war between Ukraine and Russia and the conflict in the Middle East, and their potential impact on, among other things, global market conditions; and changes in legislation, including but not limited to tax laws, royalties and environmental regulations. Readers are cautioned that the foregoing list of factors is not exhaustive.

    Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in IPC’s annual information form for the year ended December 31, 2023 (See “Cautionary Statement Regarding Forward-Looking Information”, “Risks Factors” and “Reserves and Resources Advisory” therein), in the management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2024 (See “Cautionary Statement Regarding Forward-Looking Information”, “Risks Factors” and “Reserves and Resources Advisory” therein) and other reports on file with applicable securities regulatory authorities, including previous financial reports, management’s discussion and analysis and material change reports, which may be accessed through the SEDAR+ website (www.sedarplus.ca) or IPC’s website (www.international-petroleum.com).

    Attachment

    The MIL Network

  • MIL-OSI: IOTA Software Inc. Announces $10.4 Million Series A2 Funding Led by Altira Group

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Oct. 31, 2024 (GLOBE NEWSWIRE) — IOTA Software Inc., a leading developer of industrial and business data visualization software, announced today that it has secured $10.4 million in Series A2 funding led by the Altira Group with participation from Oxy Technology Ventures and existing investors, including Aramco Ventures and Second Avenue Partners. J.P. Bauman, Partner at Altira Group, will join IOTA’s Board of Directors.

    IOTA’s visualization software is an enterprise-scale, cloud-native platform that provides easy and immediate access to all sources of critical and dynamic business and process information. IOTA empowers executives, production managers, and operators with a visual and unified environment, supporting them with the insights essential for performance optimization and data-driven decision-making.

    This new investment will be used to expand IOTA’s engineering, product, and customer success teams and enhance its technology infrastructure and marketing efforts. This will enable IOTA to further develop its innovative technology, expand its global reach, and continue its rapid growth trajectory. With this latest funding, IOTA is well-positioned to solidify its status in data visualization as the premier situational awareness platform supporting digital transformation throughout the process industries.

    “We are thrilled to secure this funding, which enables us to accelerate our growth and technology development,” said Ivan Datskov, CEO of IOTA Software. “Our platform already helps businesses across a wide range of industries make more informed decisions, and we are excited about the opportunity to positively impact even more organizations.”

    “IOTA Software gives industrial enterprise customers the ability to easily bring together typically siloed critical business and operations data in control rooms and remote operating centers in a single pane of glass to improve asset performance,” commented J.P. Bauman. “On behalf of our seven industry-leading oil & gas company partners, Altira is excited to lead this effort in supporting IOTA as they continue to drive customer success.”

    “We are proud to be both partners and customers of IOTA Software,” said Trey Lowe, Chief Technology Officer at Devon Energy. “Their new software, VUE, is revolutionizing the way we view and interact with our production data. The intuitive interface and analytics capabilities will enhance decision-making across each of our operating areas.”

    About Altira Group

    Altira Group, a Denver-based venture capital firm, has funded advanced technology solutions across the energy and industrial value-chain for the past 27 years. Working with its Fund VII oil & gas industry limited partners, Altira enables the next generation of technologies, driving innovation across digital, industrial automation, and core oil & gas operations, including subsurface, development, production, and refining. Beyond capital, Altira’s unique approach offers entrepreneurs customer access, validation, and collaboration through their strategic partnerships with leading oil & gas companies, and experienced, hands-on investor partners skilled in business building. This unique Altira advantage means more direct customer interaction, compressed adoption cycles, and stronger investment outcomes. For further information, please visit www.altiragroup.com.

    About IOTA Software Inc.

    IOTA Software is a leading provider of data visualization that connects people, assets, and manufacturing processes. The company’s scalable platform offers easy access to critical process data, insights for performance optimization, and supports data-driven decision-making. Serving as a central hub to drive both daily and long-term outcomes, the IOTA platform delivers situational awareness capabilities that appeal to a wide range of users across the pharmaceutical, energy, chemical, utility, green energy, and other industries. For more information, visit iotasoft.com.

    Media Contact:
    T.J. Rulapaugh
    Vice President, Product Design
    trulapaugh@iotasoft.com
    (650) 862-5393

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff04b14b-2c37-48dc-8f6a-8d04649584bb

    The MIL Network

  • MIL-OSI: Monster League Studios Announces Upcoming $MOKA Token Sale for Mokens League Platform, Powering the Next-Gen Web3 Gaming Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    BARCELONA, Spain, Oct. 31, 2024 (GLOBE NEWSWIRE) — Monster League Studios, the visionary company behind the Mokens League gaming platform, is thrilled to announce the upcoming public sale of its highly anticipated utility token, $MOKA. Designed to fuel an ecosystem of interconnected games and experiences, $MOKA will serve as the backbone for in-game transactions, rewards, and player engagement across the Mokens League universe.

    Scheduled to go live on [31.10.2024], the $MOKA token sale represents a key milestone in Monster League Studios’ mission to redefine gaming through blockchain technology. With Mokens League, the company is creating a universe of games where players can seamlessly interact and carry their assets across different game experiences. Beginning with its flagship soccer game, the platform will soon expand to titles such as Padel, Tennis, Racing, and more, broadening the reach and utility of $MOKA.

    Mokens League Soccer is the first game that allows players to compete in team-based or individual matches. It features multiple gameplay modes, with match length and rules varying by mode. Players need 1–6 NFTs to participate, which act as in-game characters. The game has already reached over 50,000 active users. Mokens League Soccer is available on PC, App Store, and Google Play.

    “At Mokens League, we believe in building more than just individual games—we’re creating a full gaming universe,” said Martin Repetto, CEO of Monster League Studios. “The launch of $MOKA will empower our players and community by giving them real value and utility across all our games, allowing them to participate in our Win-to-Earn model, earn exclusive rewards, and explore a connected universe of Web3 gaming experiences.”

    Key Highlights of the $MOKA Token Sale:

    • Utility-Driven Token: $MOKA is designed to be more than just a currency. As a utility token, it will support in-game purchases, facilitate player rewards, and unlock exclusive features across all Mokens League games.
    • Two NFT Tiers: FAN and VIP Packs: Recently, Mokens League announced two NFT tiers—FAN and VIP packs—as essential components of its promotional series, aimed at unlocking exclusive features and rewards within the Mokens Hub. These packs drive engagement by providing early access to various platform functionalities. The initial launch of FAN packs was met with great success, as NFTs were claimed in record time, underscoring high demand and the platform’s effectiveness in expanding the user base and creating a vibrant gaming community.
    • Cross-Game Compatibility: Players can use $MOKA across the entire Mokens League ecosystem, allowing their assets, achievements, and rewards to transcend individual games, from sports-based titles like soccer and padel to exciting genres like racing and brawling.
    • User-Friendly Web3 Integration: Mokens League has partnered with ImmutableX (IMX) to ensure seamless onboarding for Web2 users unfamiliar with crypto. Players can create a secure Web3 wallet effortlessly using just their email, Apple ID, or Google Play account.
    • Accessible to All: The $MOKA token sale will be conducted in stages, with the first phase launching as a community sale. This will be followed by public sales on leading launchpads, including Bit2Me, Kanga, and Gamestarter, ensuring broad accessibility to both seasoned crypto investors and gaming enthusiasts new to Web3.

    The tokenomics of the $MOKA token are carefully designed. 10% of the total supply is allocated for the community sale, 1% for the public sale, and 17% for the team. A substantial 42% is dedicated to the community, ecosystem, and rewards. This tokenomics structure is community-centered, prioritizing user needs to drive high engagement and reward active participation in Mokens League.

    The $MOKA token sale provides a unique opportunity for investors to join a pioneering project in the rapidly expanding blockchain gaming space. Mokens League’s commitment to innovation, combined with its seasoned team of game developers with over 25 years of experience, positions it as a formidable player in the Web3 gaming industry.

    Contact:
    Martin Repetto CEO
    Email: hello@mokensleague.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/376d9a5a-bebd-4af6-879e-2793bd3e7f89

    The MIL Network

  • MIL-OSI Economics: Samsung’s Buy & Get More This Summer Promotion

    Source: Samsung

    This summer, Samsung Electronics South Africa is giving you the ultimate reason to elevate your home and lifestyle with the return of its ever-popular Buy & Get promotion under the theme ‘Get More This Summer’. Celebrating its 10th year, this annual event is more exciting than ever, offering customers the chance to transform their homes with premium Samsung home appliances while reaping rewards designed to enhance their summer experience.
     
    Running from 20 October 2024 to 12 January 2025, this year’s promotion invites customers to dream bigger, live better, and experience more. With rewards valued at up to R10,000, you can indulge in travel and/or lifestyle experiences that make your summer unforgettable. When you purchase participating Samsung home appliance products such as refrigerators or washing machines from top retailers like Hirsch’s, Game, Makro, Tafelberg, Expert, and Takealot, Samsung Store, Samsung Online, you open the door to a world of rewards that cater to your lifestyle needs.
     
    Elevate Your Home with Samsung’s Latest Innovations
    Samsung’s cutting-edge appliances, designed to fit seamlessly into your life, are at the heart of this promotion. From the beautifully crafted Bespoke AI Four Door Fridge, with its See-thru Door and Beverage Centre, to the powerful yet efficient Bespoke AI 16kg Front Loader with Eco Bubble technology, Samsung’s range of products allows you to bring both innovation and style into your home. These premium appliances aren’t just functional; they’re designed to enhance the way you live, turning your home into a sanctuary of comfort and convenience.
     
    Why you should choose Samsung
    Samsung appliances are engineered to make your life easier, allowing you to focus on what truly matters. This summer, investing in Samsung’s top-tier appliances means more than just upgrading your home—it’s an opportunity to enrich your lifestyle. With a focus on modern living and sustainability, Samsung ensures you can do more, save more, and live more. Whether it’s enjoying refreshingly cold and flavoured water from your Beverage Centre or experiencing energy-efficient laundry days, Samsung makes everyday life simpler, smarter, and more enjoyable.
     
    Rewards Tailored to Your Lifestyle
    This year, the Buy & Get More promotion offers a personalised rewards system with three exciting tiers: Gold, Silver, and Blue. The flexibility of these tiers allows you to choose rewards that perfectly match your lifestyle, whether you’re planning a holiday getaway, indulging in a shopping spree, or treating yourself to self-care experiences.
     
    Gold Tier: For those who want it all (rewards worth up to R10,000):
    A Flight Centre travel voucher valued at R5,500, plus a R4,500 voucher for a stay in luxury at Marriott/Protea, or
    A R4,500 Retail voucher, and a R5,500 Sorbet voucher to pamper yourself.
     
    Silver Tier: A taste of the finer things (rewards worth up to R6,000):
    A R3,000 Flight Centre travel voucher plus a R3,000 voucher for a stay at Marriott/Protea’s premium locations, or
    A R3,000 Retail voucher, and a R3,000 Sorbet voucher for your day of indulgence.
     
    Blue Tier: Small luxuries that make a big difference (rewards worth up to R4,000):
    A combination of both travel and lifestyle with a R1,000 Flight Centre travel voucher paired with a R2,000 a stay at Marriott/Protea voucher, and a R1,000 Sorbet voucher to relax and unwind.
     
    Imagine using your travel voucher to explore South Africa’s stunning landscapes or enjoying a quick urban escape, all while knowing your home is equipped with the best technology on the market. Samsung’s reward tiers allow you to tailor your summer experience to suit your personal tastes and desires.
     

     
    Seamless Reward Redemption
    Redeeming your reward is as effortless as your new Samsung appliance experience. We’ve simplified the process to ensure you can access your rewards with ease:
     
    BUY
    Simply purchase any participating product. Purchase on or before 12 January 2025.
     
    SCAN
    Use your phone to scan the QR Code or WhatsApp “Hi” to +27 60 042 6197 to start your redemption process. Redeem before 28 February 2025.
     
    REDEEM / REGISTER
    Start your registration process on WhatsApp before the 28 February 2025, simply follow the prompts and share your information (ID, proof of purchase and product serial number found on the product).
     
    REWARD
    Once validated, you will receive a Reward Registration Pin Code, call our concierge on service to select your reward package.
     
    Bringing More Joy to Summer Living
    “We’re delighted to bring back our Buy & Get More promotion, now in its 10th year, as a way of thanking our loyal customers,” said Mark Mackay, Head of Product: Home Appliances at Samsung Electronics South Africa. “Our focus is on helping our customers enjoy more than just the best technology—this summer, we want to enrich their lifestyle. Whether it’s planning a much-needed getaway, indulging in retail therapy, or pampering themselves, we believe these rewards resonate with our customers’ desires to create lasting memories during this season.”
     
    With Samsung’s premium appliances, you can enjoy the convenience of next-gen technology while creating a home that’s a haven of relaxation, joy, and connection. This summer, let Samsung help you do more, live better, and enjoy every moment.
     
    For more information on the Buy & Get promotion, visit https://www.samsung.com/za/offer/buy-and-get/
     

    MIL OSI Economics

  • MIL-OSI USA: CFTC Warns of Potential Dangers for Messaging App Users

    Source: US Commodity Futures Trading Commission

    WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Office of Customer Education and Outreach today released a customer advisory alerting messaging app users to beware of schemes to defraud them of assets, specifically crypto assets.

    Fraudsters are exploiting the default settings of commonly used messaging apps, telephone networks, and mobile devices to lure users into crypto pump-and-dump schemes and other scams.

    The customer advisory, Use Caution Responding to Messaging Apps, informs users of the default settings of WhatsApp, Telegram, and other popular messaging apps that allow scammers to add random or targeted phone numbers to group chats that are used for fraudulent activity. Similarly, default SMS text settings on smart phones allow for a greater number of spam texts that can result in fraud.

    “People who use these apps may not be familiar with the risks and frauds commonly associated with crypto assets,” said Melanie Devoe, director of the CFTC’s Office of Customer Education and Outreach. “Receiving a group message promising 300% or 1,000% returns with zero risk or getting in on a supposed crypto opportunity, can be enticing, but it is best to not engage.”

    The customer advisory, provides easy actions app users should take if they receive a message from an unfamiliar person or number saying “you’ve been added to a messaging app’s group chat”:

    • Do not reply.
    • Delete the messages or group discussions, block the senders and send text messages to junk or forward it to 7726 (SPAM).
    • Change your privacy settings to protect your information and reduce future spam.
    • Most apps, mobile carriers and devices provide ways to restrict who may contact you or block specific numbers. Check each messaging apps’ settings. Next, check your carrier’s account app settings, and your device settings. Many major carriers also offer free SMS spam-blocking or call filtering apps that can be added to your phone.

    About the Office of Customer Education and Outreach

    OCEO is dedicated to helping customers protect themselves from fraud or violations of the Commodity Exchange Act through the research and development of effective financial education materials and initiatives. OCEO engages in outreach and education to retail investors. The office also frequently partners with federal and state regulators as well as consumer protection groups. The CFTC’s full repository of customer education materials can be found at: cftc.gov/LearnAndProtect.

    Customer Advisory: Use Caution Responding to Messaging Apps is available in full below and HERE

    ###

    Customer Advisory: Use Caution Responding to Messaging Apps

    Fraudsters are contacting potential victims on their phones to try to lure them into cryptocurrency scams with promises of guaranteed returns. Spot the fraud by remembering all trades involve a risk of loss. Be suspicious of any messages you receive via WhatsApp, Telegram, SnapChat, WeChat, SMS texts, or other apps that promise guaranteed oversized returns. If you receive a suspicious message:

    • Do not reply.
    • Delete the messages or group discussions and block the senders. Send text messages to junk.
    • Review your privacy settings to protect your information and reduce future spam.

    Deception in the Palm of Your Hand

    By default, messaging apps allow anyone with your phone number to call or add you to a discussion group. Scammers use this vulnerability to add random or targeted phone numbers to WhatsApp groups or Telegram chats. You might see a message that you’ve been added to a group, then other messages follow. They might talk about trading crypto futures with leverage, “cooperative trading projects” (also called pump-and-dump schemes), 100, 500, 1,000 percent profits, advanced artificial intelligence, can’t-miss investment programs, or other supposed opportunities. You might also see testimonials from other group members. It’s all fake, lies designed to steal your money.

    Don’t Talk to Strangers

    Stranger danger applies to your mobile device too. Responding or complaining confirms to scammers that your number is active and will only lead to more fraud attempts. The same is true for answering unknown callers. Scammers sometimes use robocalls to identify working numbers.

    Caller ID can be easily faked. If you don’t recognize the phone number, or message sender, do not respond. If you receive an urgent message about a financial account, or from law enforcement, the CFTC, or other government agencies, visit the entity’s official website and confirm the message with customer service staff. Do not use phone numbers or links provided in the message.

    You should only trade futures with regulated individuals and firms that follow strict qualification, supervision, and customer protection requirements. Learn more about registration at cftc.gov/check. Taking financial advice from unregistered, random people online or trading with unregistered companies that don’t have a physical presence in the United States substantially increase your fraud risk.

    Tighten your Security

    Most apps let you adjust your privacy settings to only allow your contacts or specific numbers to message you or see your personal information, including your picture, location, and activity status. Check and adjust your settings in each app you use. Delete unwanted groups, block the admins, and report the groups and admins to the platform.

    For SMS and phone messages, check your carrier’s apps and account settings. Most major carriers offer free SMS spam and call blockers. Next, adjust phone and message settings on your device, including blocking unwanted callers or silencing spam calls. Activate options to filter unknown senders and junk. If you have the option to “delete and report junk,” use it. If not, forward unwanted messages to 7726 (SPAM). Both options help filter and block bad actors systemwide.

    MIL OSI USA News

  • MIL-OSI USA: Five Steps to Keep Your Disaster Recovery on Track

    Source: US Federal Emergency Management Agency

    Headline: Five Steps to Keep Your Disaster Recovery on Track

    Five Steps to Keep Your Disaster Recovery on Track

    Recovering from a disaster is a continuous process with many options and it is important for disaster survivors to know the resources available to support their recovery efforts. Depending on your particular needs and the steps you’ve already taken, there are several additional steps you can take to recover from your losses and mitigate your property against future damage.Here is a checklist to ensure you’ve taken all the steps in your federal assistance process:Visit a temporary Disaster Recovery Center (DRC) near you. A DRC is a place where you can receive in-person support, speak with FEMA and other federal representatives, upload documents, review the status of your application and submit appeals. Get answers to your questions while the DRC is open. Survivors of the August 18-19, 2024 Severe Storm, Flooding, Landslides and Mudslides in Connecticut can visit the following DRC: Until 6 p.m. November 4 – at Sacred Heart Catholic Church, 910 Main Street, South, Southbury, CT 06488, operating Monday – Friday 8 a.m. to 6 p.m., Saturday 8 a.m. to 4 p.m., Sunday Closed. Note: This DRC will CLOSE permanently at 6 p.m. on Monday, November 4. NOTE: There will be no DRC service on Tuesday, November 5 and Wednesday, November 6.Beginning 8 a.m. November 7 – at Southbury Town Hall, 501 Main Street, South, Southbury, CT 06488, operating Monday – Friday 8 a.m. to 6 p.m., Saturday 8 a.m. to 4 p.m., Sunday Closed. Note: This DRC will be OPEN on Monday, November 11.  Apply for a low-interest U.S. Small Business Administration (SBA) disaster loan. SBA disaster loans are not just for businesses. Homeowners, renters and nonprofit organizations may also apply. Next to insurance, an SBA low-interest disaster loan is the primary source of funds for property repairs and for replacing contents destroyed in a disaster event. Know that you are never obligated to accept a loan.To apply with the SBA: visit www.SBA.gov/disaster, call SBA’s Customer Service Center at 1-800-659-2955 (if you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services), or send an email to DisasterCustomerService@sba.gov. Survivors of the August 18-19, 2024 Severe Storm, Flooding, Landslides and Mudslides in Connecticut can visit the following SBA Business Recovery Centers (BRCs): Oxford Town Hall, 486 Oxford Road, Oxford, CT 06478, operating Monday – Friday 8 a.m. to 6 p.m., Saturday 9 a.m. to 3 p.m., Sunday Closed.Monroe Police Department, 7 Fam Hill, Monroe, CT 06468, operating Monday – Friday 8 a.m. to 6 p.m., Saturday 10 a.m. to 2 p.m., Sunday Closed.NOTE: On October 15, 2024, it was announced that funds for the SBA Disaster Loan Program have been fully expended. While no new SBA Disaster loans can be issued until Congress appropriates additional funding, SBA remains committed to supporting disaster survivors. Applications will continue to be accepted and processed to ensure individuals and businesses are prepared to receive assistance once funding becomes available. Request continued temporary rental assistance forms. If you received initial rental assistance and remain unable to return to your pre-disaster primary residence due to a disaster declared event, make sure to apply for FEMA’s Continued Rental Assistance. If you did not receive a form by mail, you may request one by calling the FEMA helpline at 1-800-621-3362. Stay in touch with FEMA. Disaster survivors who applied for assistance from FEMA are asked to please stay in touch with the agency to review their application status, update their contact information and provide required documentation as needed. It is critical to keep in touch with FEMA. Missing or out of date information could slow much needed disaster assistance. Let FEMA know if your address or phone number has changed. Download and use the FEMA Mobile App, visit DisasterAssistance.gov or call FEMA’s helpline at 1-800-621-3362.  Know your appeal options. If you disagree with FEMA decisions, you have the option to submit additional documentation such as your insurance settlement or prove home ownership or documentation to prove your identity to have your case reconsidered. The appeal should be submitted within 60 days of the initial FEMA decision and include supporting documentation, such as a copy of a verifiable contractor’s estimate for repairs.For questions about federal disaster assistance, call the FEMA helpline: 1-800-621-3362. If you use video relay service (VRS), captioned telephone service or others, give FEMA your number for that service. Phone lines operate from 7 a.m. to 2 a.m. seven days a week.
    adrien.urbani
    Thu, 10/31/2024 – 16:41

    MIL OSI USA News

  • MIL-OSI Security: Met sets out policing plan ahead of a busy weekend of events in London

    Source: United Kingdom London Metropolitan Police

    Update and information on the policing operation for events in London this weekend.

    An event has been organised by the Palestine Solidarity Campaign (PSC) in central London on Saturday 2 November. Officers will also be policing international sporting events, several football fixtures and a presence at large public events and fireworks displays throughout the weekend.

    In relation to the PSC event, our goal has been to protect the lawful right to protest whilst minimising the impact of these events on those who live, work and visit London.

    We have engaged with the PSC and agreed a route and timings of the event. To help provide clarity to those taking part and to assist their travel plans we have imposed conditions on the protest to minimise any disruption.

    The PSC march will form up in Whitehall from midday and commence at 12.45, proceeding across Vauxhall Bridge to Nine Elms where a rally will take place near the US Embassy, concluding by 16.00.

    ‘Stop The Hate UK’ will hold a counter protest on the corner of Millbank and Vauxhall Bridge to voice opposition to the PSC march. Replicating the approach to the PSC, we have engaged and agreed the location and conditions to their protest to minimise disruption to the public.

    A large ticketed fireworks event in Battersea Park is taking place in the early evening. We call on participants of the PSC march to conclude promptly at 16.00 and all protestors to consider their travel plans carefully as public transport and venues throughout the area will be extremely busy.

    We encourage participants of the ‘Stop The Hate UK’ protest to head towards Pimlico and Victoria Stations, and those on the PSC march to head away from Battersea and towards Vauxhall when leaving the area and to check online for the latest travel information.

    Officers are engaging in advance with businesses, residents and venues along the route to help minimise disruption and respond to any concerns on the day.

    Commander Adam Slonecki, who is leading this weekend’s policing operation, said: “Ahead of the weekend we have been in regular discussions with the PSC as well as residents, partners, community groups and businesses. It’s a busy weekend of events across London and we have worked with organisers to seek to minimise disruption and balance the right to protest.

    “Officers will be highly visible along the protest route and wider area to ensure the events take place safely and deal with any offences.”

    Conditions

    The Public Order Act gives the police the power to impose conditions on a procession or assembly of two or more people who are deemed to have a common purpose.

    Conditions can be imposed either in advance of an event or by the senior officer present during an event.

    On Saturday 2 November the following conditions will be in place relating to the PSC event.

    Section 12(3) of the Public Order Act 1986:

    The Palestine Solidarity Campaign procession must commence no later than 12.45.

    Procession participants forming up at Whitehall must commence proceeding along the prescribed route by 12.45.

    Procession participants must not deviate from the prescribed route specified on the attached map.

    Procession participants must proceed continuously along the prescribed route and not form up into static assemblies until reaching the final assembly point on Nine Elms Lane.

    Section 14(3) Public Order Act 1986

    The Palestine Solidarity Campaign assembly in preparation for the planned procession must be held within the specified location on Whitehall, SW1 (see Map) and assembly participants must remain within that area.

    Assembly participants must remain within the shaded area of the attached map until such time that the procession commences, which must be no later than 12.45, in accordance with the ‘Procession’ conditions imposed.

    Section 14(3) Public Order Act 1986:

    Any person participating in the Palestine Solidarity Campaign post-procession assembly must remain within the shaded area (purple) of Nine Elms Lane, SW11 on the map below.

    Any stage erected for the assembly must be in the specified area (blue) on the map below.

    The use of the stage and amplified noise equipment must cease by 16.00 and the assembly must conclude, including removal of stage and infrastructure by 1700hrs.

    On Saturday 2 November the following conditions will be in place relating to the ‘Stop The Hate UK’ assembly:

    Section 14(3) Public Order Act 1986

    Any person participating in the ‘Stop the Hate UK’ assembly must remain in the shaded area on the map below, on the corner of Millbank and Vauxhall Bridge.

    Warning regarding expressing support for proscribed organisations

    London is global city and with people joining events from across the country and around the world it is important to reiterate that expressing support for a proscribed organisation in the UK is a criminal offence.

    Under the Terrorism Act 2000 (TACT), the Home Secretary may proscribe an organisation if they believe it is concerned in terrorism and it is proportionate to do so.

    Proscription makes it a criminal offence to invite or express support for a proscribed organisation through chanting, wearing clothing or display articles such as flags, signs or logos.

    Hamas and Hizballah are proscribed by the UK Government and expressing support for them is a criminal offence.

    Hamas has been proscribed since 2021 – both political and military wings are proscribed under UK jurisdiction.

    Hizballah has been proscribed since 2019.

    It is a criminal offence to:

    • belong, or profess to belong, to a proscribed organisation in the UK or overseas (Section 11 TACT)
    • invite support for a proscribed organisation (Section 12(1A) TACT)
    • express an opinion or belief that is supportive of a proscribed organisation (Section 12(1A) TACT)
    • arrange, manage or assist in arranging or managing a meeting in the knowledge that the meeting is to support or further the activities of a proscribed organisation, or is to be addressed by a person who belongs or professes to (Section 12(2) TACT)
    • wear clothing or carry or display articles in public in such a way or in such circumstances as to arouse reasonable suspicion that the individual is a member or supporter of a proscribed organisation (Section 13 TACT)
    • publish an image of an item of clothing or other article, such as a flag or logo, in the same circumstances (Section 13(1A) TACT)

    Officers policing events will deal with any offences. If you have any concerns during an event speak to a police officer or event steward.

    If you see material supporting terrorism online report it – visit www.gov.uk/ACT

    You can also report suspicious activity by contacting the police in confidence on 0800 789 321

    In an emergency, or if you need urgent police assistance, you should always dial 999.

    MIL Security OSI

  • MIL-OSI: US employers prioritize wellbeing but miss the mark with employees

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) — While employers are taking steps to support employees’ physical and mental wellbeing, there is a disparity between the focus of employer wellbeing programs and what employees need the most. This is according to the latest Wellbeing Diagnostic Survey by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company.

    The survey found U.S. employers are prioritizing support for mental (73%) and physical (50%) wellbeing. Yet, employees say that financial wellbeing support is their top area of concern (66%), despite being the lowest priority for employers (23%).

    Almost half of U.S. employees (48%) are struggling with moderate or major issues in at least two areas of their wellbeing, according to WTW’s 2024 Global Benefits Attitudes Survey (GBAS). Employees with wellbeing issues show lower productivity (higher absence and presenteeism) and report higher rates of burnout and lower levels of engagement. Over half of employees (56%) have above-average levels of stress, while 37% have reported symptoms of anxiety or depression.

    “The mental health crisis has brought employee wellbeing to the forefront of employers’ minds in recent years,” said Regina Ihrke, Health, Equity and Wellbeing leader, North America, WTW. “Companies have been leaning heavily into physical and mental wellbeing to make it a core part of their human capital strategy. We know that these investments have improved employees’ perceptions of the growing initiatives.”

    “Organizations that are highly effective at employee wellbeing often report better business outcomes, such as enhanced financial performance and reduced employee turnover. However, there is a disconnect between the wellbeing areas that employers are investing in and what employees are saying they need help with,” said Ihrke.

    Indeed, employers are showing to be least effective in the areas where employees need the most help, identifying financial wellbeing initiatives at the very bottom (19%). Only two in five employees (41%), however, feel financially secure and identify that their financial situation is the area of their wellbeing where they face the biggest challenges, according to GBAS.

    Employees report mixed feelings about employer initiatives with a net promoter score (a measure of customer loyalty and satisfaction with a company) of –20; however, employers have made significant progress since 2019 when the net promoter score was –45. Companies are committed to seeking additional improvement over the next three years, with 46% striving to embed wellbeing programs and practices into their company culture and effectively communicating its value to employees throughout the year, compared with 33% today.

    Moreover, more than four in five (91%) are prioritizing the employee experience as an outcome of their wellbeing strategy, and 37% are looking to make wellbeing a foundational element of their human capital strategy in the next three years, compared with only 11% today. Specifically, many employers (71%) are planning to boost communication about their wellbeing programs and connect wellbeing to company culture (49%) to raise the bar on employee health and wellbeing.

    “The delivery of wellbeing initiatives is just as important as the content of the programs. Communication, accessibility and creating a connected culture that links back to company and employee values is key to building a stronger employee experience when it comes to wellbeing. It’s important that employers focus on getting the right priorities in place to support the varied needs of their workforce as well as creating an enabling environment that promotes the services they make available,” said Jill Havely, managing director, Employee Experience, WTW.

    About the study

    The 2024 Wellbeing Diagnostic Survey was conducted from March to April 2024. Respondents include 535 U.S. employees working at medium and large private sector employers, representing a broad range of industries.

    The 2024 Global Benefits Attitudes Survey was conducted from January to March 2024. Respondents include 10,000 U.S. employees working at medium and large private sector employers, representing a broad range of industries.

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

    Media contacts:

    Stacy Bronstein
    stacy.bronstein@wtwco.com

    Ileana Feoli
    ileana.feoli@wtwco.com

    The MIL Network

  • MIL-OSI: Q3 & 9 MONTHS 2024 RESULTS

    Source: GlobeNewswire (MIL-OSI)

    Paris (France), October 31st, 2024, 17h45 CET

    Q3 & 9 MONTHS 2024 RESULTS

    DELIVERING ON CASH GENERATION AND FINANCIAL ROADMAP

    ON TRACK TO HIT OUR FULL YEAR TARGET

      Q3 9M1
    Revenue2 $246m $778m (-3%)
    Adjusted EBITDA2 $98m $298m (+7%)
    Net Cash-Flow $10m $34m (vs -$15m in 9M 2023)

    Sophie Zurquiyah, Chief Executive Officer of Viridien, said:

    “Our results since the start of the year demonstrate the strength of our strategic vision, with technology leadership, new business growth, and cash flow all showing significant progress.

    Geoscience was particularly strong this quarter, leveraging its clear differentiation, best-in class imaging technology and HPC computing power to achieve a record high order book. In Earth Data, the Laconia project, using our most advanced technology, saw increased prefunding and is continuing to progress well.

    Sensing & Monitoring is actively implementing its adaption plan and is on track to achieve in 2025 the expected outcomes in cost reduction and operational flexibility to improve performance across the industry cycles.

    Lastly, we continue to address our financial roadmap with the implementation of the bond buyback program and looking forward, reaffirm our full-year targets”.

    Third Quarter Highlights2

    • Group2
      • IFRS Revenue, EBITDA and Net Income of respectively $219 million, $71 million, $(10) million.
      • Overall group revenue decline in absence of mega crew in Sensing & Monitoring (SMO, revenue down 50%) compared to Q3 2023. Stable DDE revenue, with very strong momentum at Geoscience (revenue + 32% and order intake +91%).
      • Group adjusted EBITDA of $98M, including -$12M penalty fees from vessel commitment. DDE Adjusted EBITDA of $108 million, up 5% thanks to strong Geoscience performance. SMO adjusted EBITDA of $1M (vs $12M).  
    • Net Cash flow of $10 million, including -$18 million contractual fees from vessel commitment.
    • Implementation of the bond buy back program. $25M already bought on the $30M 2024 program as of October 31 (o.w. $12M bought and cancelled as of September 30).
    • Liquidity at $442 million (including $100 million undrawn RCF).
    • Digital, Data and Energy Transition (DDE)
      • Revenue $187 million, up 1%: strong revenue growth at Geoscience offset by lower level of aftersale at Earth Data.
      • Adjusted EBITDA $108 million, up 5%: profitability impacted by -$12 million in penalty fees from vessel commitments (vs -$20 million during Q3 2003).
      • Geoscience
        • Revenue at $103 million (+32%).
        • Geoscience performance continues to be driven by technology leadership. Order intake (up 91%) benefits from best in class imaging technology, new UK HPC hub and increased activity in the Middle East.
        • The new businesses confirm positive momentum, both in CCUS with the release of the latest phase of Gulf of Mexico Carbon Storage Study to support upcoming lease rounds and in Minerals & Mining with the award of a sensing program in Oman, to identify, map and rank mineralization prospectivity potential.
      • Earth Data
        • Revenue: $83 million (-22%).
        • Prefunding revenue at $58 million (+4%). First contribution of the Laconia project in the Gulf of Mexico. Weaker after-sales in Q3 (down 50% at $26 million) with unfavorable cut offs.
        • New businesses: revenue from the Norwegian survey for Carbon storage leading to the reprocessing of legacy data in the area.
    • Sensing and Monitoring (SMO)
      • Revenue at $59 million, down 51% across land and marine products, following delivery of the “mega crew” systems in 2023.
      • Adjusted EBITDA at $1 million (vs $12M).
      • Transformation plan on track to achieve the expected cost reduction and operational flexibility.
      • New businesses representing 17% of revenue. Delivery of land seismic nodes for large-scale seismic surveys planned in urban areas to target energy resources, including geothermal.
    • 2024 Financial objectives
      • The Group reiterates its 2024 financial objectives and confirms its 2024-2025 financial roadmap.
        • Revenue expected to be in line with 2023
        • EBITDA to be positively impacted by business mix
        • Earth Data cash Capex expected at $230-250M
        • Net Cash Flow to reach similar level as 2023
    • Q3 2024 Conference call
      • The press release and the presentation are available on our website www.viridiengroup.com at 5:45 pm (CET)
      • An English language analysts conference call is scheduled today at 6.00 pm (CET)

    Participants should register for the call here to receive a dial-in number and code or participate in the live webcast from here.

    A replay of the conference call will be made available the day after for a period of 12 months in audio format on the Company’s website.

    The Board of Directors met on October 31, 2024 and approved the consolidated financial statements ending September 30, 2024.

    About Viridien:

    Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN until July 30: FR0013181864 and ISIN as from July 31: FR001400PVN6).

    Contact:

     VP Corporate Finance

    Jean-Baptiste Roussille
    jean-baptiste.roussille@viridiengroup.com

    Q3 2024 – Financial Results

     CONSOLIDATED FINANCIAL STATEMENTS – September 30th, 2024

    Unaudited Interim Consolidated statement of operations – Year-To-Date

        Nine months ended September 30,
    (In millions of US$, except per share data) Notes 2024 2023
    Operating revenues   784.8 810.4
    Other income from ordinary activities   0.1 0.2
    Total income from ordinary activities   784.9 810.6
    Cost of operations   (587.1) (578.0)
    Gross profit   197.8 232.6
    Research and development expenses – net   (15.2) (20.5)
    Marketing and selling expenses   (28.6) (26.6)
    General and administrative expenses   (55.9) (54.2)
    Other revenues (expenses) – net 8 (3.6) (0.9)
    Operating income (loss)   94.6 130.4
    Cost of financial debt – gross   (82.3) (79.5)
    Income provided by cash and cash equivalents   8.7 4.0
    Cost of financial debt, net   (73.6) (75.5)
    Other financial income (loss) 9 (0.9) (1.6)
    Income (loss) before incomes taxes and share of income (loss) from companies accounted for under the equity method   20.1 53.3
    Income taxes   (14.2) (24.6)
    Net income (loss) before share of income (loss) from companies accounted for under the equity method   6.0 28.7
    Net income (loss) from companies accounted for under the equity method   0.9 0.5
    Net income (loss) from continuing operations   6.9 29.2
    Net income (loss) from discontinued operations 3 14.7 2.3
    Consolidated net income (loss)   21.6 31.5
    Attributable to :      
    Owners of Viridien S.A $ 21.2 28.0
    Non-controlling interests $ 0.4 3.5
    Net income (loss) per share      
    Basic $ 2.97 0.04
    Diluted $ 2.95 0.04
    Net income (loss) from continuing operations per share      
    Basic $ 0.91 0.04
    Diluted $ 0.91 0.04
    Net income (loss) from discontinued operations per share (a)      
    Basic $ 2.06
    Diluted $ 2.05

    (a)   Earning per share is presented as nil being less than US$0.01 at September 30,2023.

    See the notes to the Unaudited Interim Consolidated Financial Statements

    Unaudited Interim Consolidated statement of comprehensive income (loss) – Year-To-Date

        Nine months ended September 30,
    (In millions of US$) Notes 2024 (a) 2023 (a)
    Net income (loss) from statements of operations   21.6 31.5
    Net gain (loss) on cash flow hedges   0.2 0.2
    Variation in translation adjustments   3.3 10.5
    Net other comprehensive income (loss) to be reclassified in profit (loss) in subsequent period (1)   3.5 10.7
    Net gain (loss) on actuarial changes on pension plan   0.4 (0.7)
    Net other comprehensive income (loss) not to be reclassified in profit (loss) in subsequent period (2)   0.4 (0.7)
    Total other comprehensive income (loss) for the period. net of taxes (1) + (2)   3.9 10.0
    Total comprehensive income (loss) for the period   25.5 41.5
    Attributable to:    
    Owners of Viridien S.A.   24.7 39.2
    Non-controlling interests   0.8 2.3

    (a)  Including other comprehensive income related to the discontinued operations.

    Unaudited Interim Consolidated statement of financial position

    (In millions of US$) Notes September 30,
    2023
    December 31, 2023
    ASSETS      
    Cash and cash equivalents   341.7 327.0
    Trade accounts and notes receivable, net   287.3 310.9
    Inventories and work-in-progress, net   207.1 212.9
    Income tax assets   37.0 30.8
    Other current assets, net   67.4 92.1
    Total current assets   940.5 973.7
    Deferred tax assets   35.5 29.9
    Other non-current assets, net   7.8 6.8
    Investments and other financial assets, net   25.3 22.7
    Investments in companies under the equity method   2.6 2.2
    Property, plant and equipment, net 4 230.7 206.1
    Intangible assets, net   611.5 579.7
    Goodwill, net   1 098.1 1 095.5
    Total non-current assets   2 011.4 1 942.9
    TOTAL ASSETS   2 951.9 2 916.6
    LIABILITIES AND EQUITY      
    Financial debt – current portion 5 79.8 58.0
    Trade accounts and notes payables   94.1 86.4
    Accrued payroll costs   87.9 89.1
    Income taxes payable   21.2 12.5
    Advance billings to customers   19.1 24.0
    Provisions — current portion   8.1 8.7
    Other current financial liabilities   5.9 21.3
    Other current liabilities   233.6 250.3
    Total current liabilities   549.8 550.3
    Deferred tax liabilities   22.1 24.3
    Provisions — non-current portion   32.8 30.1
    Financial debt – non-current portion 5 1 265.1 1 242.8
    Other non-current financial liabilities   0.5
    Other non-current liabilities   1.7 4.3
    Total non-current liabilities   1 321.7 1 302.0
    Common stock: 11,212,215 shares authorized and 7,161,465 shares with a €1.00 nominal value outstanding at September 30, 2024   8.7 8.7
    Additional paid-in capital   118.7 118.7
    Retained earnings   1 004.0 980.4
    Other Reserves   19.8 27.3
    Treasury shares   (20.1) (20.1)
    Cumulative income and expense recognized directly in equity   (1.2) (1.4)
    Cumulative translation adjustment   (87.9) (90.8)
    Equity attributable to owners of Viridien S.A.   1 042.0 1 022.8
    Non-controlling interests   38.5 41.5
    Total equity   1 080.5 1 064.3
    TOTAL LIABILITIES AND EQUITY   2 951.9 2 916.6

    See the notes to the Unaudited Interim Consolidated Financial Statements

    Unaudited Interim Consolidated statement of cash flows

        Nine months ended September 30,
    (In millions of US$) Notes 2024 2023
    OPERATING ACTIVITIES      
    Consolidated net income (loss)   21.6 31.5
    Less: Net income (loss) from discontinued operations 3 (14.7) (2.3)
    Net income (loss) from continuing operations   6.9 29.2
    Depreciation, amortization and impairment   71.8 63.3
    Earth Data surveys impairment and amortization   144.0 99.8
    Depreciation and amortization capitalized in Earth Data surveys   (11.6) (11.8)
    Variance on provisions   0.2 0.5
    Share-based compensation expenses   2.2 1.7
    Net (gain) loss on disposal of fixed and financial assets   0.1 0.1
    Share of (income) loss in companies recognized under equity method   (0.9) (0.5)
    Other non-cash items   (2.5) 1.8
    Net cash-flow including net cost of financial debt and income tax   210.2 184.1
    Less : Cost of financial debt   73.6 75.5
    Less : Income tax expense (gain)   14.2 24.6
    Net cash-flow excluding net cost of financial debt and income tax   297.9 284.2
    Income tax paid   (10.0) (3.8)
    Net cash-flow before changes in working capital   287.9 280.4
    Changes in working capital   10.0 (23.5)
    – change in trade accounts and notes receivable   (2.3) (29.4)
    – change in inventories and work-in-progress   7.0 17.4
    – change in other current assets   14.9 6.6
    – change in trade accounts and notes payable   10.6 (0.4)
    – change in other current liabilities   (20.2) (17.7)
    Net cash-flow from operating activities   297.8 256.9
    INVESTING ACTIVITIES      
    Total capital expenditures (tangible and intangible assets) net of variation of fixed assets suppliers, excluding Earth Data surveys) 4 (24.3) (48.3)
    Investment in Earth Data surveys   (180.1) (141.7)
    Proceeds from disposals of tangible and intangible assets   1.1
    Dividends received from investments in companies under the equity method   0.5
    Total net proceeds from financial assets   (1.9)
    Variation in other non-current financial assets   (2.1) (2.9)
    Net cash-flow used in investing activities   (205.0) (194.8)
        Nine months ended September 30
    (In millions of US$) Notes 2024 2023
    FINANCING ACTIVITIES      
    Repayment of long-term debt 5 (12.2) (1.5)
    Total issuance of long-term debt 5 0.1 23.0
    Lease repayments 5 (43.4) (37.9)
    Financial expenses paid 5 (42.2) (46.5)
    Dividends paid and share capital reimbursements:    
    — to owners of Viridien   0.0
    — to non-controlling interests of integrated companies   (3.8) (0.8)
    Net cash-flow provided by (used in) financing activities   (101.6) (63.7)
    Effects of exchange rates on cash   1.1 (4.3)
    Net cash flows incurred by discontinued operations 3 22.4 (17.0)
    Net increase (decrease) in cash and cash equivalents   14.7 (22.9)
    Cash and cash equivalents at beginning of year   327.0 298.0
    Cash and cash equivalents at end of period   341.7 275.1

    See the notes to the Interim Consolidated Financial Statements

    Unaudited Interim Consolidated statements of changes in equity

    Amounts in millions of
    US$. except share data
    Number of Shares issued Share capital Additional paid-in capital Retained earnings Other reserves Treasury shares Income and expense recognized directly in equity Cumulative translation adjustment Equity attributable to owners of Viridien S.A. Non-controlling interests Total equity
    Balance at January 1, 2023 7 123 573 8.7 118.6 967.9 50.0 (20.1) (3.4) (102.4) 1 019.3 39.5 1 058.8
    Net gain (loss) on actuarial changes on pension plan (1)       (0.7)         (0.7)   (0.7)
    Net gain (loss) on cash flow hedges (2)             0.2   0.2   0.2
    Net gain (loss) on translation adjustments (3)               11.7 11.7 (1.2) 10.5
    Other comprehensive income (1)+(2)+(3) (0.7) 0.2 11.7 11.2 (1.2) 10.0
    Net income (loss) (4)       28.0         28.0 3.5 31.5
    Comprehensive income (1)+(2)+(3)+(4) 27.3 0.2 11.7 39.2 2.3 41.5
    Exercise of warrants 238   0.1           0.1   0.1
    Dividends                 (0.9) (0.9)
    Cost of share-based payment 12 951     1.7         1.7   1.7
    Variation in translation adjustments generated by the parent company         (10.7)       (10.7)   (10.7)
    Balance at September 30, 2023 7 136 763(a) 8.7 118.7 996.9 39.3 (20.1) (3.2) (90.7) 1 049.6 40.9 1 090.5
    Amounts in millions of
    US$. except share data
    Number of Shares issued Share capital Additional paid-in capital Retained earnings Other reserves Treasury shares Income and expense recognized directly in equity Cumulative translation adjustment Equity attributable to owners of Viridien S.A. Non-controlling interests Total equity
    Balance at January 1, 2024 7 136 763 8.7 118.7 980.4 27.3 (20.1) (1.4) (90.8) 1 022.8 41.5 1 064.3
    Net gain (loss) on actuarial changes on pension plan (1)       0.4         0.4   0.4
    Net gain (loss) on cash flow hedges (2)             0.2   0.2   0.2
    Net gain (loss) on translation adjustments (3)               2.9 2.9 0.4 3.3
    Other comprehensive income (1)+(2)+(3) 0.4 0.2 2.9 3.5 0.4 3.9
    Net income (loss) (4)       21.2         21.2 0.4 21.6
    Comprehensive income (1)+(2)+(3)+(4) 21.6 0.2 2.9 24.7 0,8 25.5
    Dividends                 (3.8) (3.8)
    Cost of share-based payment 24 703     2.0         2.0   2.0
    Variation in translation adjustments generated by the parent company         (7.5)       (7.5)   (7.5)
    Balance at September 30, 2024 7 161 465(b) 8.7 118.7 1 004.0 19.8 (20.1) (1.2) (87.9) 1 042.0 38.5 1 080.5

    (a)   Pro forma following Reverse Share Split

    (b)   Reverse Share Split: Pursuant to a delegation from the Combined General Meeting of shareholders of May 15, 2024, and a sub-delegation from the Board of Directors held on the same day, the Company’s Chief Executive Officer has decided to implement a reverse share split on the basis of 1 new share of €1.00 nominal value for 100 old shares of €0.01 nominal value.


    1All variations refer to the same period last year
    2Unless otherwise stated, all figures and comments are referring to “Segment” (i.e. pre-IFRS 15), as defined in the 2023 Universal Registration Document’s glossary, under section 8.7

    Attachment

    The MIL Network