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  • MIL-OSI United Kingdom: ‘Well-respected and high-performing’: Local Government Association gives positive review of city council

    Source: City of Winchester

    A recent peer review of Winchester City Council by the Local Government Association found the local authority to be a well-respected and high-performing organisation with a record of strong service delivery.

    All councils across the country are encouraged to take part in a Corporate Peer Challenge (CPC) to provide robust and credible challenge to support councils.

    In July this year, the city council invited a peer team to provide external feedback on how it was performing and how it could improve. For two and a half days the peer team, made up of councillors and officers from other councils, spent time with the city council taking a deep dive into how it’s run.

    The review examined five key areas, including the council’s local priorities and outcomes, its governance and culture, and its financial planning and management, with the peer team conducting a review of evidence that included analysing data, interviewing staff and councillors and speaking to key partners.

    In its feedback report, the CPC stated that the city council was a “well-respected and high-performing council, delivering for residents and partners”. The report continued: “The peer team heard positive feedback regarding the council’s performance and was satisfied that the city council is well-managed and benefits from a Leader and Chief Executive who are respected by staff, members and external stakeholders”.

    The report also highlighted a number of other areas of positive action from the city council, including its prudent financial management, the work it is doing to address climate change and its efforts to consult and engage with residents on important decisions.

    Speaking about the review, City Council Leader Cllr Martin Tod said:

    “It’s been very helpful to have people from other Councils and from the Local Government Association come in and review what we’re doing. It’s a really positive and helpful process and a very encouraging report. We are always looking for ways to improve how we serve our area’s residents and communities, so the recommendations are welcome. We’ll be acting on them and look forward to welcoming the team back next year to review our progress”.

    Nine recommendations were included in the report to help the council address future challenges, realise efficiencies and improve services, each of which have been addressed in a high-level action plan subsequently produced by the city council.

    The full feedback report, and Winchester City Council’s action plan, can be read on our website: https://www.winchester.gov.uk/about/corporate-peer-challenge

    MIL OSI United Kingdom –

  • MIL-OSI: POET Wins “Best in Artificial Intelligence” Honors at 2024 Global Tech Awards

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, has been named the winner of the “Best in Artificial Intelligence” category at the prestigious 2024 Global Tech Awards, announced on October 14. The honor is the third top prize the Company has received in 2024, following recognition by the AI Breakthrough Awards for “Best Optical AI Solution” and the Gold Prize for “AI Innovator of the Year” from the Merit Awards.

    POET Technologies was chosen as the Best in the Artificial Intelligence category due to “its innovative approach to powering AI networks and hyperscale data centers.” “POET’s commitment to improving the performance and scalability of AI infrastructure sets it apart as a leader in the industry,” commented Sirisha Lanka, Managing Director of the Global Tech Awards. Founded in 2022, the awards’ mandate is to “recognize and celebrate excellence in technology.” Among the judges were executives from enterprises such as Amazon, Microsoft, and Oracle. 

    “We’re thrilled to be recognized by industry experts who acknowledge the groundbreaking nature and positive commercial impacts of the POET Optical Interposer™ platform technology and the growing suite of products we are building from it,” said Dr. Suresh Venkatesan, POET Chairman & CEO. “Winning the Best in Artificial Intelligence honor from the Global Tech Awards is another stellar indication of why an increasing number of the leading companies in our industry are turning to POET for solutions that will help them grow their market share and assist them in developing new products that address the demand for AI networking and data center connectivity.”

    About POET Technologies Inc.
    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles.  POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore.  More information about POET is available on our website at http://www.poet-technologies.com.

    About Global Tech Awards
    The Global Tech Awards is a prestigious platform that recognizes and celebrates the very best in technology. With a focus on innovation creativity and excellence, the Global Tech Awards aims to identify and reward the most exceptional technology solutions and services from around the world. The awards are open to businesses, organizations and individuals who are creating and delivering innovative technologies that are driving progress and shaping the future. If you are developing cutting-edge technology and want to showcase your achievements to the world, consider entering the Global Tech Awards today. http://www.globaltechaward.com


    Forward-Looking Statements
    This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful penetration of the Artificial Intelligence hardware markets.

    Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the size, future growth and needs of Artificial Intelligence network suppliers, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, reorganization efforts, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to meet performance requirements for AI and datacom networks, lack of sales in its products, lack of sales by its customers to end-users, operational risks in the completion of the Company’s projects, risks affecting the Company’s ability to complete its products, the ability of the Company to generate sales for its products, the ability of its customers to generate sales for products that incorporate the Company’s products, the ability to attract key personnel, the failure of its reorganization efforts and the ability to raise additional capital when needed. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/96c01282-3fb8-4e31-b9b1-b8c12e73564d

    The MIL Network –

  • MIL-OSI Asia-Pac: Union Minister Shri Nitin Gadkari lauds the efforts of brave soldiers towards service and commitment, on the “40th Raising Day of National Security Guard”

    Source: Government of India

    Posted On: 16 OCT 2024 11:37AM by PIB Delhi

    Union Minister of Road Transport & Highways, Shri Nitin Gadkari has lauded the efforts of brave soldiers towards their service and commitment, on the 40th Raising Day of National Security Guard, today.

    In a post on ‘X’, Shri Gadkari wrote:

    “On the 40th Raising Day of National Security Guard, we salute the valor, dedication, and unwavering spirit of our brave soldiers. Their relentless efforts ensure the safety and security of our nation. We honor their service and commitment in defending India from all threats. Jai Hind!”

    *****

    NKK/GS/AK

    (Release ID: 2065219) Visitor Counter : 63

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Foreign Secretary statement on aid to Gaza

    Source: United Kingdom – Executive Government & Departments

    The Foreign Secretary has issued statement on the US letter relating to humanitarian aid entering into Gaza.

    Foreign Secretary David Lammy said:

    The humanitarian situation in Northern Gaza is dire, with access to basic services worsening and the UN reporting that barely any food has entered in the last two weeks.

    Israel must ensure civilians are protected and ensure routes are open to allow life-saving aid through. Along with our French and Algerian counterparts, we have called an urgent meeting of the UN Security Council today to address this.

    While the conflict continues, all parties are bound by international humanitarian law. Reflecting our concerns – the UK made the difficult decision last month to suspend export licences to Israel that could be used in military operations in Gaza. This does not change our steadfast support for Israel’s security.

    Along with our international partners, we continue to call for an immediate ceasefire, to allow more humanitarian aid to get in and get the remaining hostages out.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

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

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Change of His Majesty’s High Commissioner to Trinidad and Tobago: Jon Dean

    Source: United Kingdom – Executive Government & Departments

    Jon Dean has been appointed British High Commissioner to the Republic of Trinidad and Tobago, in succession to Harriet Cross.

    Mr Jon Dean

    Mr Jon Dean has been appointed British High Commissioner to the Republic of Trinidad and Tobago, in succession to Ms Harriet Cross, who will be transferring to another Diplomatic Service appointment.

    Mr Dean will take up his appointment during December 2024.

    Curriculum vitae

    Full name: Jon Mark Dean

    2022 to 2024 N’Djamena, His Majesty’s Ambassador
    2020 to 2022 New York, Counsellor Internal
    2018 to 2020 United Nations Office of Counter-Terrorism, Secondment, New York
    2015 to 2018 FCO, Head of Iraq Team, Middle East and North Africa Directorate
    2013 to 2015  Juba, Deputy Head of Mission and Consul
    2013 Yaoundé, Deputy High Commissioner and Consul (3 months)
    2012 New York, UK Permanent Mission to the United Nations, Second Secretary Political (3 months)
    2009 to 2012 Brasília, Second Secretary Political
    2007 to 2008 FCO, Desk Officer, Kosovo
    2005 to 2007 FCO, Desk Officer, EU Environment Policy
    2005 Joined FCO

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

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

    Updates to this page

    Published 16 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Africa: Kaspersky identifies SideWinder Advanced Persistent Threat (APT) expanding attacks with new espionage tool

    Source: Africa Press Organisation – English (2) – Report:

    JOHANNESBURG, South Africa, October 16, 2024/APO Group/ —

    The Kaspersky Global Research and Analysis Team (GReAT) has detected that the SideWinder APT group is expanding its attack operations into the Middle East and Africa, utilising a previously unknown espionage toolkit called ‘StealerBot’. As part of its ongoing monitoring of APT activities, Kaspersky (www.Kaspersky.co.za) discovered that recent campaigns by the SideWinder APT group were targeting high-profile entities and strategic infrastructures in various countries in the Middle East, Turkiye, as well as in Morocco and Djibouti in Africa. The campaign in general remains active and may target other victims.

    SideWinder, also known as T-APT-04 or RattleSnake, is one of the most prolific APT groups that started operations in 2012. Over the years, it has primarily targeted military and government entities in Pakistan, Sri Lanka, China, and Nepal, as well as other sectors and countries in South and Southeast Asia. Recently, Kaspersky observed new waves of attacks, which have expanded to impact high-profile entities and strategic infrastructure in the Middle East and Africa.

    Besides the geographical expansion, Kaspersky discovered that SideWinder is using a previously unknown post-exploitation toolkit called ‘StealerBot’. This is an advanced modular implant designed specifically for espionage activities, and currently used by the group as the main post-exploitation tool.

    “In essence, StealerBot is a stealthy espionage tool that allows threat actors to spy on systems while avoiding easy detection. It operates through a modular structure, with each component designed to perform a specific function. Notably, these modules never appear as files on the system’s hard drive, making them difficult to trace. Instead, they are loaded directly into the memory. At the core of StealerBot is the ‘Orchestrator’, which oversees the entire operation, communicating with the threat actor’s command-and-control server, and coordinating the execution of its various modules”, says Giampaolo Dedola, lead security researcher at Kaspersky’s GReAT.

    During its latest investigation, Kaspersky observed that StealerBot is performing a range of malicious activities, such as installing additional malware, capturing screenshots, logging keystrokes, stealing passwords from browsers, intercepting RDP (Remote Desktop Protocol) credentials, exfiltrating files, and more.

    Kaspersky first reported on the group’s activities in 2018. This actor is known to rely on spear-phishing emails as its main infection method, containing malicious documents exploiting Office vulnerabilities and occasionally making use of LNK, HTML and HTA files that are contained in archives. The documents often contain information obtained from public websites, which is used to lure the victim into opening the file and believing it to be legitimate. Kaspersky observed several malware families being used within parallel campaigns, including both custom-made and modified, publicly available RATs.

    To mitigate threats related to APT activities, Kaspersky experts recommend equipping your organisation’s information security experts with the latest insights and technical details, such as from Kaspersky Threat Intelligence Portal (https://apo-opa.co/4h4twjX); use robust solutions for endpoints and to detect advanced threats on the network, such as Kaspersky Next and Kaspersky Anti Targeted Attack Platform; educate employees to recognise cybersecurity threats such as phishing letters.

    Read more on Securelist (https://apo-opa.co/4h5gQJA).

    MIL OSI Africa –

  • MIL-OSI Security: Man charged with carrying knives

    Source: United Kingdom London Metropolitan Police

    A man will appear in court charged with possession of offensive weapons and class A and B drugs.

    Jordan Watson Best, 23, (22.02.2001) of Princes Avenue, Tolworth was charged on Tuesday, 15 October with:

    • Possessing an offensive weapon in a public place.
    • Possessing a sharply pointed article in a public place.
    • Possessing class A and class B drugs with intent to supply.

    Best was remanded to appear at Highbury Corner Magistrates’ Court on Wednesday, 16 October.

    MIL Security OSI –

  • MIL-OSI Africa: GITEX GLOBAL 2024: Artificial Intelligence (AI) revolution unveiled to the world on “AI Super Tuesday”

    Source: Africa Press Organisation – English (2) – Report:

    DUBAI, United Arab Emirates, October 16, 2024/APO Group/ —

    • International exhibitors presented the most groundbreaking innovations helping shape the future of society and industry
    • “Cybersecurity Day” next up as world’s largest and best-rated tech event reaches halfway stage on Wednesday

    Hot on the heels of a memorable first day where GITEX GLOBAL 2024 (http://apo-opa.co/4hlR7gj) opened the doors for its biggest-ever international edition, the entire global tech ecosystem experienced another action-packed agenda on Tuesday at Dubai World Trade Centre (DWTC).

    Taking place from 14-18 October, GITEX GLOBAL presents a record-breaking edition in its 44th year – welcoming over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries.

    With five themed days locked in across the 2024 event programme, a technology taking the world by storm was the focal point as “AI Super Tuesday” presented the most groundbreaking innovations helping shape the future of society and industry.

    A technology with vast transformative potential

    As AI takes centre stage in drug discovery, the world could soon witness the most significant shift in medicine since the advent of modern pharmaceuticals. But with such rapid advancements, a mesmerising Tuesday session – ‘The Next Leap in Medicine: Are we on the Edge of a Breakthrough?’ – saw experts discuss whether AI transformation is fast approaching or further away than some anticipate.

    Dr. Shameer Khader, Global Head and Executive Director – Computational Biology Cluster, Precision Medicine and Computational Biology at global pharmaceutical company Sanofi, gave AI an emphatic endorsement. He said: “Drug discovery on average takes 10-15 years and one project around $1.5-2 billion in cost. Is that something sustainable? The model must change, and we should harness AI capabilities and value across the ecosystem. We should optimise every single process to reduce development costs, streamline the drug discovery lifestyle, and build data disease models and infrastructure.”

    In a special case study, audiences became acquainted with ‘BabyX’ – an interactive simulation of a lifelike infant through AI. This virtual animated baby learns and reacts like a human infant with a built-in virtual brain with detailed likeness to that of a human. Functioning through biological AI and an operating system called Brain Language, stimulated neurochemical reactions help BabyX decide how she will react – something that could prove revolutionary in the future AI economy.

    Elaborating on the significance of BabyX, Dr. Mark Sagar, its creator who co-founded New Zealand-based Soul Machines, pointed out the defining difference between human and AI intelligence, adding: “As humans, we learn from a young age though exploring the world and experimenting. Play is such a key part of making intelligence open-ended and inventive, but it’s one thing what’s missing from current AI. If we’re ever going to regulate general AI intelligence, we need to build cognitive architecture that yields intelligent behaviour through a comprehensive approach.”

    A catalyst for forward-facing collaboration

    Alongside the profound transformative potential of AI, GITEX GLOBAL’s status as a catalyst for collaboration and forward-facing projects was on full display. A number of exciting high-profile partnerships were officially unveiled at the world’s largest and best-rated tech event, with one involved KAOUN – the world-leading organiser of business events and trade fairs, leading all GITEX events outside the UAE.

    Tuesday saw KAOUN sign a Memorandum of Understanding with the Digital Dubai Authority to grow the GITEX ecosystem, support Dubai’s internationalisation strategy, and explore new partnership opportunities. Additionally, AWS and e& entered into a $1 billion-plus agreement as part of new strategic alliance to deliver cloud solutions and supporting AI deployment and digital transformation across the region. 

    Tuesday casts spotlight on AI’s cross-sector impact and demands

    Elsewhere on the Super AI Tuesday agenda, another applauded show illustrated how high-performance computing is steering humanity’s quest for the next generation of aircraft. During ‘Quantum Maturation: Introducing The “Quantum Mobility Quest”’, companies were urged to move beyond the physical limits of present-day computing today and scale up future-focused solutions to unlock aviation’s vast potential.

    Isabell Gradert, Vice President of Central Research & Technology, Airbus, Germany, said: “Aviation is embedded in the tapestry of our global-leading industries and is one with the highest computation needs. Quantum computing is seen as the next big gamechanger in the aviation industry and has the potential to solve the most complex aerospace challenges and create a paradigm shift in the way aircrafts are built and flown. This is a very exciting time.”

    Additionally, audiences familiarised themselves with a wide of services and solutions being showcased by GITEX GLOBAL exhibitors. UAE-based Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), unveiled its Intelli Platform, an AI-powered management and operations platform that lets cities, transport, energy, and infrastructure organisations immediately use Generative AI.

    AWS also cast a spotlight on AWS Bedrock, a fully managed service that enables enterprises to easily build, customise, and deploy generative AI applications using foundation models from top AI providers, all through the AWS platform.

    GITEX GLOBAL 2024 continues Wednesday as “Cybersecurity Day” welcomes an ensemble cast of thought leaders and experts to explore the emerging threats landscape, counter-infringement strategies, and tools organisations require in an increasingly digital world.

    GITEX Editions (https://apo-opa.co/4h8xBn9) also presents Intelligent Connectivity (https://apo-opa.co/4hayjAy) with visitors set to explore how industry leaders can bridge digital divides and harness emerging technology to drive innovation and economic growth. The World Future Economy Digital Leaders Summit (https://apo-opa.co/4hlR8kn) also continues with another star-studded cast of world-renowned experts and innovative minds.  

    GITEX GLOBAL is seamlessly connecting with the world’s largest network of tech events, including GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA. These events are fostering collaboration and driving innovation to shape the tech landscape of tomorrow.

    More information on GITEX GLOBAL, please visit http://www.GITEX.com

    MIL OSI Africa –

  • MIL-OSI Germany: German balance of payments in August 2024

    Source: Deutsche Bundesbank in English

    Current account surplus down
    Germany’s current account recorded a surplus of €14.4 billion in August 2024, down €3.3 billion on the previous month’s level. This was chiefly attributable to a smaller goods account surplus.
    In August, the surplus in the goods account fell by €3.5 billion to €17.6 billion because receipts recorded a sharper decline than expenditure. The deficit in invisible current transactions decreased slightly by €0.2 billion to €3.2 billion. Small changes were also recorded in the sub-account balances. Net receipts in primary income rose by €0.5 billion to €12.9 billion. In the secondary income account, the deficit narrowed somewhat to €5.2 billion. In both sub-accounts, the individual sub-items changed only slightly, with declines predominating and expenditure falling somewhat more sharply than receipts on balance. The deficit in the services account widened by €0.5 billion to stand at €10.9 billion. Here, too, receipts were down overall, with receipts from other business services and charges for the use of intellectual property decreasing above all. Although declines in these areas in particular as well as lower expenditure on computer services also depressed the expenditure side, the increase in travel expenditure – typical for this time of year – contributed substantially to expenditure narrowing less strongly than receipts on balance.
    Portfolio investment sees net capital imports
    Germany’s cross-border portfolio investment recorded net capital imports of €28.6 billion in August, after net capital exports of €8.7 billion in July. Foreign investors acquired German securities worth €48.4 billion net, purchasing bonds in particular (€39.7 billion), which were roughly split evenly between instruments issued by the public and private sectors. In addition, they bought money market paper (€7.8 billion) and, to a lesser extent, mutual fund shares (€0.6 billion) and shares (€0.3 billion). Domestic investors acquired foreign securities to the tune of €19.8 billion net, adding foreign bonds (€10.8 billion), mutual fund shares (€9.8 billion) and shares (€0.7 billion) to their portfolios, but disposing of money market paper (€1.5 billion).
    In August, transactions in financial derivatives resulted in net outflows of €7.5 billion (€5.9 billion in July).
    Direct investment generated net capital imports of €5.7 billion in August, up from €1.0 billion in July. German enterprises decreased their direct investment funds abroad by €10.3 billion. Although they increased their equity capital abroad by €1.2 billion, redemptions predominated in intra-group credit transactions (€11.5 billion). Non-resident enterprises, meanwhile, withdrew €4.6 billion in direct investment from Germany. This was chiefly attributable to redemptions in intra-group credit transactions (€5.9 billion), which more than offset inflows in the form of equity capital (€1.3 billion).
    Other statistically recorded investment – which comprises loans and trade credits (where these do not constitute direct investment), bank deposits and other investments – registered net outflows of capital amounting to €12.3 billion in August (following €28.8 billion in July). The higher net claims of monetary financial institutions amounting to €16.4 billion made a particularly large contribution to this figure. The Bundesbank’s net external claims also rose (€8.3 billion), due to TARGET claims on the ECB rising by €26.8 billion. However, the Bundesbank’s external liabilities in the form of currency and deposits also increased at the same time. Enterprises and households (€11.4 billion) and general government (€1.0 billion) recorded net capital imports in August.
    The Bundesbank’s reserve assets declined – at transaction values – by €0.6 billion in August.

    MIL OSI

    MIL OSI German News –

  • MIL-OSI Asia-Pac: Mines Ministry Achieves Significant Milestones in Special Campaign 4.0

    Source: Government of India (2)

    Posted On: 16 OCT 2024 3:58PM by PIB Delhi

    The Ministry of Mines, under ongoing Special Campaign 4.0 launched on 1st October 2024, has made significant progress in first 15 days of the campaign with its theme “Sustainability”.  The campaign has achieved following key milestones over the past two weeks:

    1. Inauguration of Rooftop Solar Power Plant at GSITI, Hyderabad: Union Minister of Coal and Mines, Shri G. Kishan Reddy inaugurated a Rooftop Solar Power Plant at the Geological Survey of India Training Institute (GSITI), Hyderabad on 12.10.2024. This initiative is aligned with Ministry’s efforts to promote renewable energy and reduce dependency on non-renewable sources, reinforcing its dedication to sustainable development and energy independence.

    Further, Minister Shri G Kishan Reddy took tour of various sections and Departmental Canteen under this campaign.

    2. Visit by Secretary, Department of Administrative Reforms & Public Grievances, Shri V. Srinivas:
    Secretary (DARPG) Shri V. Srinivas visited the Ministry of Mines at Shastri Bhawan, on 10.10.2024. During the visit Ministry’s initiatives in optimizing office space, enhancing workplace efficiency, Record management and contributing to public welfare through the District Mineral Foundation (DMF) were showcased. The efforts underscore the Ministry’s goal of achieving efficient governance and community-focused growth.

    3. JNARDDC’s Waste-to-Art Sculpture:
    JNARDDC, an autonomous body of the Ministry of Mines, unveiled a stunning Waste-to-Art sculpture crafted from 1.6 tons of aluminum scrap. This innovative artwork, now installed at Ranilaxmibai Udyan Public Park along NH-6, symbolizes the Ministry’s focus on creativity, sustainability, and recycling. It serves as a visual representation of transforming waste into beauty, aligning with the broader objectives of Special Campaign 4.0.

    4. Deputation of Ministry officials to different Geoheritage and Geotourism sites :- Senior officers of the Ministry are being deputed to different Geoheritage and Geotourism sites to promote the spirit of Cleanliness among the Tourist and local people.

    In terms of pendency the Ministry has achieved 100% of its targets in IMC references and disposed off approx 80% of the public grievances in first 15 days of the campaign.Ministry of Mines is steadfast in its pursuit of sustainability and is committed to achieving 100% of its targets. The achievements of Special Campaign 4.0 so far reflect the Ministry’s dedication of creating a positive impact through renewable energy initiatives, waste to art, and community-centered activities.

    ****

    ST

    (Release ID: 2065346) Visitor Counter : 54

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Cabinet approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2025-26

    Source: Government of India (2)

    Posted On: 16 OCT 2024 3:12PM by PIB Delhi

    The Cabinet Committee on Economic Affairs (CCEA) chaired by the  Prime Minister Shri Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2025-26.

    Government has increased the MSP of Rabi Crops for Marketing Season 2025-26, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Rapeseed & Mustard at Rs.300 per quintal followed by Lentil (Masur) at Rs.275 per quintal. For gram, wheat, safflower and barley, there is an increase of Rs.210 per quintal, Rs.150 per quintal, Rs.140 per quintal and Rs.130 per quintal respectively.

    Minimum Support Prices for all Rabi crops for Marketing Season 2025-26

    (Rs. per quintal)

    S. No.

    Crops

    MSP RMS 2025-26

    Cost*of Production RMS 2025-26

    Margin over cost

    (in percent)

    MSP RMS 2024-25

    Increase in MSP

    (Absolute)

    1

    Wheat

    2425

    1182

    105

    2275

    150

    2

    Barley

    1980

    1239

    60

    1850

    130

    3

    Gram

    5650

    3527

    60

    5440

    210

    4

    Lentil (Masur)

    6700

    3537

    89

    6425

    275

    5

    Rapeseed & Mustard

    5950

    3011

    98

    5650

    300

    6

    Safflower

    5940

    3960

    50

    5800

    140

     

    *Refers to cost which includes all paid out costs such as those incurred on account of hired human labour, bullock labour/machine labour, rent paid for leased in land, expenses incurred on use of material inputs like seeds, fertilizers, manures, irrigation charges, depreciation on implements and farm buildings, interest on working capital, diesel/electricity for operation of pump sets etc., miscellaneous expenses and imputed value of family labour.

            

    The increase in MSP for mandated Rabi Crops for Marketing Season 2025-26 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average Cost of Production. The expected margin over All-India weighted average cost of production is 105 percent for wheat, followed by 98 percent for rapeseed & mustard; 89 per cent for lentil; 60 per cent for gram; 60 percent for barley; and 50 percent for safflower. This increased MSP of rabi crops will ensure remunerative prices to the farmers and incentivise crop diversification.

    *****

    MJPS/BM/SKS

    (Release ID: 2065309) Visitor Counter : 222

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Ministry of Ports, Shipping & Waterways Launches Special Campaign 4.0 for Swachhta and Pendency Reduction

    Source: Government of India (2)

    Ministry of Ports, Shipping & Waterways Launches Special Campaign 4.0 for Swachhta and Pendency Reduction

    Over 45,000 Physical Files Reviewed and Rs. 42.83 Lakhs Generated from Scrap Disposal So Far

    Campaign to Continue Until 31st October 2024

    Posted On: 16 OCT 2024 4:17PM by PIB Delhi

    In line with the Government of India’s commitment to institutionalizing Swachhta (cleanliness) and reducing pendency, the Ministry of Ports, Shipping & Waterways, along with its organizations, has launched Special Campaign 4.0, running from 2nd October to 31st October 2024. During the preparatory phase from 16th to 30th September 2024, a comprehensive review of pending records and references was undertaken. Since 2nd October, the Ministry has been working intensively to meet targets related to the disposal of pending references and the review of physical and electronic records.

    So far, more than 45,000 physical files and 1,500 e-files have been reviewed, over 4,000 files closed and weeded out, and approximately 7,000 square feet of office space freed up. The campaign has also generated Rs. 42.83 lakhs from scrap disposal. These efforts are part of the Ministry’s ongoing commitment to improving efficiency and ensuring a cleaner and more organized work environment.

    The previous edition, Special Campaign 3.0, resulted in the review of over 2,12,000 files, with 28,000 files weeded out and 1,18,000 e-files closed. Additionally, revenue of Rs. 21.25 crores was generated through scrap disposal, and around 72,000 square feet of office space was cleared.

    The Ministry continues to regularly review the progress of Special Campaign 4.0 to ensure successful implementation by the campaign’s end date.

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    (Release ID: 2065366) Visitor Counter : 29

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PRESS RELEASE – NZDF and Government of Samoa Joint Press Statement – HMNZS MANAWANUI Grounding

    Source: Government of Western Samoa

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    Experts from Maritime New Zealand, the New Zealand Defence Force (NZDF) and various Samoan agencies are assisting with understanding the environmental impacts following the sinking of HMNZS MANAWANUI and preparing for clean-up actions.

    As part of this marine scientists are conducting sample testing of the nearby waters and beaches for any traces of oil. New Zealand Navy divers were on the water at first light today to assess the wreckage of the ship and have confirmed the stability of the ship. The ship is in water about 30m deep.

    A range of equipment was sent to Samoa with NZDF personnel to assist with the initial response and help address environmental impacts to the area. This equipment includes remotely operated vehicles used to establish the debris field, and also Maritime NZ spill response equipment, which can be used both in the water and on the land.

    NZDF personnel have begun clearing flotsam from the beach area and have retrieved some equipment from the Ship as well as debris from the water.

    A light oil sheen from the ship’s initial capsizing is being dispersed by wind and waves. So far no oil has been detected on the nearby beach or reefs.

    Work on the site will continue this week and information will be communicated with the public as the operation progresses.

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Record Number of delegates attend the ITU WTSA-24

    Source: Government of India (2)

    Record Number of delegates attend the ITU WTSA-24

    R.R. Mittar from India unanimously electedas Chair Designate for WTSA-24

    Union MinisterJyotiraditya M. Scindia launches multiple cutting-edge Make in India telecom products

    Posted On: 16 OCT 2024 6:49AM by PIB Delhi

    The Hon’ble Prime Minister Shri Narendra Modi inaugurated the World Telecommunication Standardization Assembly (WTSA-24)yesterday, alongside the India Mobile Congress (IMC), Asia’s largest technology expo. Detailed press releases are available at:

    https://pib.gov.in/PressReleasePage.aspx?PRID=2064957

    https://pib.gov.in/PressReleasePage.aspx?PRID=2064942

    https://pib.gov.in/PressReleasePage.aspx?PRID=2064936

    This year’s WTSA-24 witnesses3300 delegates, including 36 ministers, from over 160 countries, the highest ever for any WTSA assembly. The forum will focus on next-generation technologies, including 6G, satellite communications, quantum technology, and Artificial Intelligence (AI), all essential for a rapidly evolving digital landscape.

    The inaugural session of WTSA was followed by opening plenary meetings where various committees were formed for carrying out different functions during the assembly. The delegates of WTSA-24unanimously elected Shri R.R Mittar from India as the Chair for WTSA-24. He is an eminent telecom expert and former Advisor at Department of Telecommunications, Government of India. He was spearheading the standardisation work at Telecom Engineering Centre (TEC).

    At the side-lines of WTSA and India Mobile Congress(IMC) 2024, many events have been scheduled. Yesterday a roundtable conference of Chief Ministers, State Government IT Ministers and IT Secretaries was heldat IMC 2024 by Sh. Jyotiraditya M. Scindia, Minister of Communications and Development of the Northeastern Region along withSh Pema Khandu, Chief Minister, Arunachal Pradesh, Sh Conrad Kongkal Sangma, Chief Minister Meghalaya, Dr. Pemmasani Chandra Sekhar, Minister of State for Communication and Rural Development,Dr. Neeraj Mittal, Secretary, Department of Telecommunications, Ministers from Karnataka, Gujarat, Telangana, Assam, Sikkim, Odisa, Tamil Nadu, Nagaland, Rajasthan, Mizoram, Bihar, Goa, Punjab and Andaman & Nicobar.

     

    Minister Scindia apprised the respective state ministers and dignitaries about the advancement that countryis making in the area of telecommunications along with new initiatives that the Ministry is undertaking to take the telecom sector to a new high. He urged states for 100% scalable execution andassured them that the central government stands with the states not only shoulder to shoulder but also before them to help them achieve their goals.

    Minister of State Dr. Pemmasani Chandra Sekhar exhorted states to create environment for Digital Innovation to provide best of the services to every citizen of the country.

    The States were also sensitized about the issues of Cyber Security of State IT infrastructure and IoT security, requirement of the States support for implementation of Bharatnet and 4G saturation project including Right of Way, space/land allotment, power and utilization of the network. 

    The ways to promote State startups and the role of States and UTs in the rollout of 4G/5G use cases, promotion of State Startup for next level of investment by DoT, business opportunities, were also discussed. 

    Later in the day Minister Sh Jyotiraditya M. Scindia visited various stalls at India Mobile Congress(IMC) 2024and inaugurated multiple cutting-edge Make in India telecom products. He launched indigenously developed highly complex 6G wireless link in Sub THz with 10 GBPS data over the air at Bharat Pavillion of SAMEER (Society for Applied Microwave Electronics Engineering and Research). Other Make in India products launched included AI-DC Optical Solution by STL,which will connect GPUs in AI-led data centres and 2 Gbps Point to Multipoint UBR Radio by HFCL which offers affordable last mile connectivity. Additionally, global launch of an affordable Snapdragon 5G chipset by Qualcomm was done by the Minister.

    ITU- Expo at WTSA24 and India Mobile Congress are showcasing innovative solutions, services and state-of-the-art use cases for industry, government, academics, startups and other key stakeholders in the technology and telecom ecosystem. These are open for public to experience.

     

     

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    SB/DP/ARJ

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PRESS RELEASE – LAUNCH OF NEW BOOK ON SAMOAN WOMEN AND RELIGION at NUS

    Source: Government of Western Samoa

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    Apia, Samoa – Wednesday 9th October 2024

    The National University of Samoa invites the public to a Special Seminar presentation by Dr. Maureen Sier, Director of Interfaith Scotland (https://interfaithscotland.org) on Thursday 10th October at 12pm in the CSS Seminar Room (Niule’a Building).

    Dr. Sier is a graduate of Aberdeen University where she earned First-Class Honors in Cultural History and a PHD in Theology. While undertaking her doctoral research in Samoa, she taught Sociology at the National University of Samoa’s Faculty of Arts. It was during her time in Samoa that she developed her love of community engagement and interfaith dialogue.

    Dr. Sier’s doctoral research explored women’s lives in Samoa through the complex interplay of religion, history and culture. During 4 years in Samoa (1997-2001) the research question was asked: ‘What is it about religion in Samoa that empowers women and what constrains them?” The initial answers to this question open doors to rich, engaging, challenging and enlightening lives. They also demonstrate Samoan women’s resilience the way of life.

    As part of the Seminar. Dr. Sier will also launch her published thesis, “Women and Religion in Samoa: Empowerment and Constraint”. Copies will be available for purchase directly from the Author. Dr. Sier is in Samoa to attend the Commonwealth Heads of Government Meeting (CHOGM) in Apia later this month and will facilitate two interfaith services during the event.

    END

    SOURCE – The National University of Samoa

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: MARINE POLLUTION ADVISORY COMMITTEE UPDATE ON HMNZS MANAWANUI SITUATION

    Source: Government of Western Samoa

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    09 October 2024/Press Release/Apia, Samoa – The Marine Pollution Advisory Committee (MPAC) continues to assess the situation relating to the run aground HMNZS Manawanui at Tafitoala.

    On Wednesday, October 9, 2024, the Chairman, Afioga Fui Tupai Mau Simanu, Chief Executive Officer of Ministry of Works, Transport and Infrastructure conducted a meeting with the Ministry of Natural Resources and Environment (MNRE) DMO Division, Samoa Fire Emergency Services Authority, NZ Defense Force, Maritime New Zealand as well as New Zealand’s High Commissioner to Samoa, Her Excellency, Sialei Van Toor.

    The meeting discussed initial findings as well as continued efforts from all parties involved since the occurrence in the early hours of Sunday October 6, 2024. Divers from the NZ Defense Force and Samoa Response team have been deployed since Monday, October 7 to carry out an assessment of the wreck and possible risks to the marine environment.

    It was during this meeting the NZ Defense Force confirmed that there are no explosives onboard.

    As of 8AM on Wednesday, coastal assess

    ment carried out from Safata to Matafa’a by the Committee confirms that there continues to be no oil contamination on the Coast, although diesel sheens have been observed near the wreck, it has drifted out to the high seas.

    Initial assessments suspected fuel leakage and further information of this will be provided today as the weather continues to improve, aiding in the diving teams’ operation this evening. For now, water samples have been collected for chemical analysis to confirm contaminations in the water.

    It is confirmed that there is damage to the reef from the NZ Navy shipwreck and anchor chain. Assessments show that physical destruction to the reef Is approximately 5000 square meters.

    The MPAC Chairman thanks the village of Tafitoala and members of the public for the support and cooperation while the operation is in place.

    CONTACT PERSON:

    Afioga Leulua’ialii Tualamaalii Wendy Pogi

    ACEO Legal, MWTI

    wendy.pogi@mwti.gov.ws

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    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: The regional program of the VII youth forum “Heritage” was launched in partnership with the HSE

    MILES AXLE Translation. Region: Russian Federation –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Higher School of Economics

    On October 11, the opening ceremony of the regional program of the VII Youth Forum “Heritage” was held in the White Hall of the Durasov House of the HSE campus on Pokrovka. Starting from the second forum, educational institutions from all over the country joined the capital’s universities in this educational project of the Moscow Department of Cultural Heritage. This year, teams from ten regions of Russia are taking part in “Heritage” – Vladimir, Voronezh, Krasnoyarsk, the Republic of Crimea, Nizhny Novgorod, Samara, St. Petersburg, Saratov, Tyumen, Chelyabinsk.

    The goal of the forum is to stimulate interest in the history and traditions of their native land among young people, to instill a careful attitude towards ancient monuments and to show that this is not just a valuable fragment of history, but a part of modern life and culture. Each student team must submit a project-concept for the competition for the development and adaptation to modern realities of any architectural monument of their city or region. The most successful ideas can be used in a real restoration project.

    The opening ceremony of the forum was attended by the First Deputy Head of the Department of Cultural Heritage of the City of Moscow, the city’s chief archaeologist Leonid Kondrashev. Welcoming the participants of the forum, he said: “The Youth Forum “Heritage” has become the largest educational project of the department. Even compared to last year, when representatives of eight cities took part in the regional program, this year ten joined us. The number of participants is growing, the quality of the projects that students are working on is growing. On behalf of myself, the head of our department and our entire team, which is organizing this forum for the seventh time, I wish everyone success. We expect an honest, fair fight. And of course, all this is beneficial to cultural heritage.”

    The partner of the regional program of the forum, which this year was again the Higher School of Economics, was represented by Vice-Rector of the National Research University Higher School of Economics Irina Martusevich. “We are happy to once again act as partners of this wonderful event. Our university is located in four cities of Russia. We actively participate in the development of the territories where we are present, and, in addition, we consult and provide expert assistance to dozens of different regions,” said Irina Martusevich. “In the current regional program, as in the last one, the Higher School of Economics will be represented by the St. Petersburg campus. Naturally, I wish good luck not only to our students, but also to all participants. It is pleasant to see that the competition has brought together universities representing cities from various parts of Russia, and each of these cities can boast of a glorious history, culture, heritage.”

    The forum was created as a platform for exchanging ideas, experiences and best practices among young people who care about the preservation of cultural heritage. In addition, the organizers have prepared an extensive educational and business program, within the framework of which the best Russian and international experts in the field of urban studies, architecture, restoration, as well as representatives of government bodies and the media will speak to the participants. They will hold master classes, round tables and professional consultations designed to help the competition participants improve their project and achieve victory. In the final, five finalist teams will go to Moscow. Here, the winners will be offered the most intense program in terms of cultural heritage.

    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.

    http://vvv.hse.ru/nevs/edu/975605631.html

    MIL OSI Russia News –

  • MIL-OSI China: Any attempt to disrupt, undermine China-Pakistan cooperation bound to fail: joint statement

    Source: People’s Republic of China – State Council News

    Any attempt to disrupt, undermine China-Pakistan cooperation bound to fail: joint statement

    ISLAMABAD, Oct. 16 — The China-Pakistan relationship is of strategic significance, and any attempt to disrupt or undermine China-Pakistan cooperation is bound to fail, said a joint statement issued here on Tuesday during Chinese Premier Li Qiang’s official visit to Pakistan.

    China and Pakistan enjoy an all-level, across-the-board and high-quality relationship, said the statement.

    The Chinese side reiterated that the China-Pakistan relationship is a priority in its foreign relations. The Pakistani side underscored that the Pakistan-China relationship is the cornerstone of its foreign policy while the Chinese side highlighted that the China-Pakistan relationship is of special significance in China’s foreign policy.

    The two sides agreed to continue to deepen cooperation in various fields and accelerate efforts to build an even closer China-Pakistan community with a shared future in the new era.

    MIL OSI China News –

  • MIL-OSI United Kingdom: Salford to benefit from £1.6m of brownfield land funding

    Source: City of Salford

    Salford City Council has been awarded £1,615,000 of Brownfield Land Release Fund money to help transform Swinton.
     
    The money will be spent on demolishing the former site at St Ambrose Barlow High School in Swinton and the fund will also allow for enabling works, land remediation and ground works. 
     
    Councillor Jack Youd, Deputy City Mayor and Lead Member for Finance, Support Services and Regeneration at Salford City Council said: “The award of the money after our bid is great news for Swinton.
     
    “Council officers are now working to secure a demolition contract, which needs to be in place by the end of March 2025 to meet the funding requirements.”
     
    The project has been funded by HM Government through the Brownfield Land Release Fund.
     
    The One Public Estate programme is a partnership between the Office of Government Property in the Cabinet Office, the Local Government Association and the Ministry of Housing, Communities and Local Government (MHCLG). It provides practical and technical support and funding for public sector partners to deliver ambitious property-led programmes in collaboration.
     
    Read more about a vision for Swinton’s future.

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    Date published
    Wednesday 16 October 2024

    Press and media enquiries

    MIL OSI United Kingdom –

  • MIL-OSI China: China, Pakistan to strengthen communication, coordination on Afghanistan issue

    Source: People’s Republic of China – State Council News

    ISLAMABAD, Oct. 16 — China and Pakistan will strengthen communication and coordination on the issue of Afghanistan, said a joint statement issued here on Tuesday during Chinese Premier Li Qiang’s official visit to Pakistan.

    In the statement, both sides urged concerted efforts of the international community to encourage the Interim Afghan Government to build an inclusive political framework, adopt moderate policies and pursue good-neighborliness.

    The two sides also called for strengthening counter-terrorism cooperation at bilateral and multilateral levels to support Afghanistan in taking comprehensive measures to eradicate terrorism and called on the Interim Afghan Government to take visible and verifiable actions to dismantle and eliminate all terrorist groups based in Afghanistan which continue to pose a serious threat to regional and global security, and to prevent the use of Afghan territory against its neighbors, the region, and beyond.

    They also agreed to play a constructive role in helping Afghanistan achieve stable development and integrate into the international community.

    MIL OSI China News –

  • MIL-OSI China: Xi visits Gu Wenchang memorial hall

    Source: People’s Republic of China – State Council News

    FUZHOU, Oct. 16 — Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Tuesday afternoon visited the Gu Wenchang memorial hall in Dongshan County during an inspection tour to Zhangzhou City, east China’s Fujian Province.

    Xi learnt about the inspiring deeds of Gu, a former Party chief of Dongshan, hailing him as an exemplary representative of the countless outstanding leading officials of the CPC.

    Xi urged officials to emulate his example in both personal conduct and governance, and work towards promoting local development during their time in office.

    MIL OSI China News –

  • MIL-OSI China: China’s countryside to have brighter prospect: Xi

    Source: People’s Republic of China – State Council News

    FUZHOU, Oct. 16 — China’s countryside will surely have a brighter prospect and farmers will live a more prosperous life on the new journey in the new era, said Xi Jinping, general secretary of the Communist Party of China Central Committee.

    Xi made the remarks Tuesday afternoon while inspecting Aojiao Village of Dongshan County in Zhangzhou City, east China’s Fujian Province.

    At the village pier, Xi looked over dried seafood and fishing harvest, and learned about local efforts to advance rural revitalization.

    Xi was here in 2001 when he worked in Fujian, and was delighted to see tremendous changes that had taken place in the village over the past 23 years.

    To promote rural revitalization, it is necessary to capitalize on advantages and make good use of local marine resources, he said.

    MIL OSI China News –

  • MIL-OSI China: Chinese premier calls for deepening SCO cooperation

    Source: People’s Republic of China – State Council News

    ISLAMABAD, Oct. 16 — Chinese Premier Li Qiang on Wednesday called for deepening and expanding cooperation within the Shanghai Cooperation Organization (SCO).

    He also urged the SCO member states to strengthen strategic alignment, actively respond to major risks, and expand personnel exchanges.

    Li made the remarks during the 23rd Meeting of the Council of Heads of Government of Member States of the SCO.

    MIL OSI China News –

  • MIL-OSI Economics: Global travel and tourism deal activity down by 11% YoY during Q1-Q3 2024, finds GlobalData

    Source: GlobalData

    Global travel and tourism deal activity down by 11% YoY during Q1-Q3 2024, finds GlobalData

    Posted in Business Fundamentals

    A total of 519 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the travel and tourism sector globally during January to September (Q1-Q3) 2024, which was a year-on-year (YoY) decline of 11% over 583 deals announced during the same period in the previous year, according to GlobalData, a leading data and analytics company.

    An analysis of GlobalData’s Deals Database also revealed that the volume of M&A deals decreased by 6.8% during Q1-Q3 2024 compared to the same period in 2023, while the number of venture financing deals was down by 25.2% YoY. Meanwhile, private equity deals volume remained unchanged.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The decline in global travel and tourism deal activity was mostly driven by a significant fall  in deals volume in some regions and countries, while deal activity remained relatively better for some other regions and countries. In fact, some regions and countries even showcased double-digit growth in deal volume, which seems to be an indication of improving deal-making sentiments.”

    North America, Asia-Pacific, and South and Central American regions experienced decline in deal volume by 36%, 7.7%, and 20% during Q1-Q3 2024 compared to Q1-Q3 2023. In contrast, Europe registered 10.3% YoY improvement in deal activity. Meanwhile, deal volume for the Middle East and African region mostly remained at the same level.

    Similarly, the trend across different countries also remained a mixed bag. The US, China, and France witnessed YoY decline in deal volume by 36.3%, 38.5%, and 42.9%, respectively, during Q1-Q3 2024, whereas India and Japan experienced respective deal volume improve by 24.3% and 38.1% YoY. Meanwhile, deal volume for the UK, South Korea, and Australia mostly remained at the same level.

    Note: Historic data may change in case some deals get added to previous months because of a delay in disclosure of information in the public domain

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: Hong Kong ranks as the world’s freest economies

    Source: Hong Kong Government special administrative region

         The Fraser Institute published the Economic Freedom of the World 2024 Annual Report (2024 Report) today (October 16). Hong Kong ranks as the world’s freest economies among 165 economies, up by one place from last year. Among the five areas of assessment in the 2024 Report, Hong Kong ranks top in “Freedom to trade internationally” and “Regulation”, and its ranking in “Sound money” rises to third globally. 
          
         A spokesman for the Hong Kong Special Administrative Region (HKSAR) Government said, “For long, Hong Kong has fully leveraged the advantages of a free market, and maintained a free, open, effective and fair business environment. The ranking fully reflects the international recognition of these advantages.”
          
         “Hong Kong’s free market and premier business environment are attributable to our distinctive institutional strengths of the ‘one country, two systems’ arrangement, including the practice of the common law system, robust rule of law, a judiciary that exercises powers independently, free flow of goods and factors of production such as capital, talent, and information, a simple tax system and low tax rates, a conducive business environment as well as efficient and transparent markets, a regulatory regime that adheres to international standards, among others. These factors have made Hong Kong an ideal city for doing business.
          
         “Indeed, over 9 000 overseas and Mainland companies have chosen Hong Kong as their base to fully leverage Hong Kong’s roles and functions as a ‘super connector’ and a ‘super value-adder’. The current-term HKSAR Government has been proactively attracting enterprises to settle in Hong Kong and talent to come to Hong Kong for development, and the response has been overwhelmingly positive. Since the end of 2022, more than 100 prominent innovation and technology enterprises from around the world have decided to establish or expand their businesses in Hong Kong. These enterprises would invest a total of more than $50 billion in the city, creating more than 15 000 jobs. In the first nine months this year, Invest Hong Kong also assisted 470 Mainland and overseas enterprises to establish or expand their businesses in Hong Kong, up by around 57 per cent from the same period last year. In terms of attracting talent, from the end of 2022 to September this year, over 380 000 applications were received under various talent schemes, of which nearly 240 000 were approved, and around 160 000 people have arrived in Hong Kong. These figures underscore Hong Kong’s strong appeal to both overseas and Mainland enterprises and talent.
          
         “Looking forward, with the staunch support of the country, we will proactively integrate into the overall national development, align with national development strategies, maintain and improve a free and open business environment, and continue to serve as a two-way springboard for attracting international enterprises to Hong Kong and supporting Mainland enterprises to ‘go global’. The Policy Address delivered by the Chief Executive today has set out clear directions, as well as specific and impactful policies and measures to reinforce and enhance Hong Kong’s status as an international financial, shipping and trading centre, build itself into an international hub for high-calibre talent, develop new quality productive forces tailored to local conditions, and foster collaboration with the Greater Bay Area, so as to further enhance Hong Kong’s development momentum, and promote the high-quality development of Hong Kong’s economy.
          
         As to references on Hong Kong’s economic and other freedoms in the 2024 Report, the spokesman emphasised, “The HKSAR Government protects the rights and freedoms of Hong Kong residents in strict accordance with the Constitution and the Basic Law, and the interests of enterprises and investors are also fully safeguarded in accordance with the law. According to various surveys, foreign businesses in Hong Kong generally have confidence in Hong Kong’s rule of law. The HKSAR Government hopes that future assessments in Economic Freedom of the World can fully reflect the relevant facts.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Vincenzo Mascioli appointed new State Secretary for Migration

    Source: Switzerland – Department of Justice and Police

    The Federal CouncilBern, 16.10.2024 – At its meeting on 16 November, the Federal Council appointed Vincenzo Mascioli as the new State Secretary for Migration. Vincenzo Mascioli is currently Vice Director of the State Secretariat for Migration (SEM). He will take up the post on 1 January 2025, succeeding Christine Schraner Burgener, who is moving to the Federal Department of Foreign Affairs (FDFA).
    Vincenzo Mascioli, who is 54, has been working in the Federal Administration since 2005, initially as a research assistant for the Control Committee of the Federal Assembly, and between 2007 and 2010 as an advisor on Federal Councillor Moritz Leuenberger’s personal staff at the Federal Department of the Environment, Transport, Energy and Communications (DETEC). From 1 November 2011, Vincenzo Mascioli worked as the personal assistant to Federal Councillor Simonetta Sommaruga in the Federal Department of Justice and Police (FDJP), where he was also responsible for the migration dossier and in particular the reform of the Asylum Act, which was adopted by a clear majority at the popular vote in 2016.
    At the beginning of 2017, he was appointed Vice Director of SEM, where he took charge of the International Affairs Directorate, which includes the Returns, International Cooperation and European Cooperation Divisions. Switzerland is currently one of the leading European states in terms of cooperation with the countries of origin of asylum seekers. In addition, Switzerland’s consistent return policy is internationally recognised. Vincenzo Mascioli also served as Vice Director of SEM for several years under Federal Councillor Karin Keller-Sutter and for one year under Federal Councillor Elisabeth Baume-Schneider.
    Before joining the Federal Administration, he worked for a number of years as an editor at a publishing house and as a lecturer at Zurich University of Teacher Education (PH Zurich) after graduating from the University of Zurich with a degree in education.
    Migration expert with extensive management experience at SEM
    Vincenzo Mascioli is as familiar with the international dimension of migration as he is with Swiss domestic policy. He is an expert in migration issues and, in addition to proven leadership skills, brings with him strong social skills, extensive diplomatic and political knowledge, and strong communication and negotiation skills. The Federal Council is confident that he can credibly represent SEM at home and abroad.
    As State Secretary for Migration, Vincenzo Mascioli heads an administrative unit with around 1,300 employees. He is responsible for developing strategies and implementing and further developing Switzerland’s asylum, immigration and integration policy, as well as its foreign policy on migration. His tasks include liaising with Parliament, cantonal, communal and other federal authorities, non-governmental organisations in the field of migration, international organisations and foreign counterparts.
    State Secretary Christine Schraner Burgener is to step down as head of SEM at the end of the year at her own request to take up a new role at the FDFA. She took over as state secretary on 1 January 2022. During her time in office, Switzerland has had to respond to the largest refugee movement since the Second World War as a result of Russia’s war of aggression against Ukraine. At the same time, SEM has been confronted with a large number of new asylum applications in recent years.
    The Federal Council thanks Ms Schraner Burgener for her services.
    Address for enquiries
    GS-FDJP Communications Services, T +41 58 462 18 18, info@gs-ejpd.admin.ch
    Publisher
    The Federal Councilhttps://www.admin.ch/gov/en/start.htmlFederal Department of Justice and Policehttp://www.ejpd.admin.chState Secretariat for Migrationhttps://www.sem.admin.ch/sem/en/home.html

    MIL OSI Europe News –

  • MIL-OSI Australia: Friday, 18 October 2024

    Source: Victoria Country Fire Authority

    Fire Danger Ratings tell you how dangerous a fire could be if one started.

    They are important because they help you decide what actions to take to protect yourself and others from bushfires and grassfires.

    Fire danger ratings are shown in the same way across all of Australia, so whether you’re at home or travelling, you will see the same rating system. 

    The new Fire Danger Ratings

    There are four levels of fire danger:

    • Moderate – Plan and prepare
    • High – Be ready to act
    • Extreme – Take action now to protect your life and property
    • Catastrophic – For your survival, leave bushfire risk areas

    Fire Danger Ratings will be issued on days when there is a fire risk.

    Each fire danger rating will have a clear set of messages including the actions the community can take to reduce their risk.

    Ratings are forecast using Bureau of Meteorology data for up to four days in advance, based on weather and other environmental conditions such as vegetation.

    The rating is your trigger to take action to stay safe.

    What do the ratings mean and what should you do?

    CATASTROPHIC

    What does it mean?

    If a fire starts and takes hold, lives are likely to be lost.

    • These are the most dangerous conditions for a fire.

    What should I do?

    For your survival, leave bushfire risk areas.

    • Your life may depend on the decisions you make, even before there is a fire.
    • For your survival, do not be in bushfire risk areas.
    • Stay safe by going to a safer location early in the morning or the night before.
    • Homes cannot withstand fires in these conditions. You may not be able to leave and help may not be available.

    EXTREME

    What does it mean?

    Fires will spread quickly and be extremely dangerous.

    • These are dangerous fire conditions.
    • Expect hot, dry and windy conditions.

    What should I do?

    Take action now to protect your life and property

    • Check your bushfire plan and that your property is fire ready
    • If a fire starts, take immediate action. If you and your property are not prepared to the highest level, go to a safer location well before the fire impacts.
    • Reconsider travel through bushfire risk areas.
    • Leaving bushfire risk areas early in the day is your safest option.

    HIGH

    What does it mean?

    Fires can be dangerous.

    What should I do?

    Be ready to act.

    • There’s a heightened risk. Be alert for fires in your area.
    • Decide what you will do if a fire starts.
    • If a fire starts, your life and property may be at risk. The safest option is to avoid bushfire risk areas.

    MODERATE

    What does it mean?

    Most fires can be controlled.

    What should I do?

    Plan and prepare.

    • Stay up to date and be ready to act if there is a fire.

    NO RATING

    The system also introduces an ‘off’ level for days where no proactive action is required by the community. This does not mean that fires cannot happen, but that they are not likely to move or act in a way that threatens the safety of the community. This rating is the thin white wedge on the colour wheel sitting under ‘Moderate’.

    Find out more

    To see the current Fire Danger Rating forecast across the state see Total Fire Bans & Fire Danger Ratings. To see the Fire Danger Rating forecast for where you are, see CFA Local.

    For more detailed information, check out the Australasian Fire and Emergency Service Authorities (AFAC) website and FAQs, or Prepare and Get Ready – VicEmergency

     

    Page last updated:  Thursday, 10 October 2024 7:49:48 PM

    MIL OSI News –

  • MIL-OSI Australia: Thursday, 17 October 2024

    Source: Victoria Country Fire Authority

    Fire Danger Ratings tell you how dangerous a fire could be if one started.

    They are important because they help you decide what actions to take to protect yourself and others from bushfires and grassfires.

    Fire danger ratings are shown in the same way across all of Australia, so whether you’re at home or travelling, you will see the same rating system. 

    The new Fire Danger Ratings

    There are four levels of fire danger:

    • Moderate – Plan and prepare
    • High – Be ready to act
    • Extreme – Take action now to protect your life and property
    • Catastrophic – For your survival, leave bushfire risk areas

    Fire Danger Ratings will be issued on days when there is a fire risk.

    Each fire danger rating will have a clear set of messages including the actions the community can take to reduce their risk.

    Ratings are forecast using Bureau of Meteorology data for up to four days in advance, based on weather and other environmental conditions such as vegetation.

    The rating is your trigger to take action to stay safe.

    What do the ratings mean and what should you do?

    CATASTROPHIC

    What does it mean?

    If a fire starts and takes hold, lives are likely to be lost.

    • These are the most dangerous conditions for a fire.

    What should I do?

    For your survival, leave bushfire risk areas.

    • Your life may depend on the decisions you make, even before there is a fire.
    • For your survival, do not be in bushfire risk areas.
    • Stay safe by going to a safer location early in the morning or the night before.
    • Homes cannot withstand fires in these conditions. You may not be able to leave and help may not be available.

    EXTREME

    What does it mean?

    Fires will spread quickly and be extremely dangerous.

    • These are dangerous fire conditions.
    • Expect hot, dry and windy conditions.

    What should I do?

    Take action now to protect your life and property

    • Check your bushfire plan and that your property is fire ready
    • If a fire starts, take immediate action. If you and your property are not prepared to the highest level, go to a safer location well before the fire impacts.
    • Reconsider travel through bushfire risk areas.
    • Leaving bushfire risk areas early in the day is your safest option.

    HIGH

    What does it mean?

    Fires can be dangerous.

    What should I do?

    Be ready to act.

    • There’s a heightened risk. Be alert for fires in your area.
    • Decide what you will do if a fire starts.
    • If a fire starts, your life and property may be at risk. The safest option is to avoid bushfire risk areas.

    MODERATE

    What does it mean?

    Most fires can be controlled.

    What should I do?

    Plan and prepare.

    • Stay up to date and be ready to act if there is a fire.

    NO RATING

    The system also introduces an ‘off’ level for days where no proactive action is required by the community. This does not mean that fires cannot happen, but that they are not likely to move or act in a way that threatens the safety of the community. This rating is the thin white wedge on the colour wheel sitting under ‘Moderate’.

    Find out more

    To see the current Fire Danger Rating forecast across the state see Total Fire Bans & Fire Danger Ratings. To see the Fire Danger Rating forecast for where you are, see CFA Local.

    For more detailed information, check out the Australasian Fire and Emergency Service Authorities (AFAC) website and FAQs, or Prepare and Get Ready – VicEmergency

     

    Page last updated:  Thursday, 10 October 2024 7:49:48 PM

    MIL OSI News –

  • MIL-OSI Australia: Saturday, 19 October 2024

    Source: Victoria Country Fire Authority

    Fire Danger Ratings tell you how dangerous a fire could be if one started.

    They are important because they help you decide what actions to take to protect yourself and others from bushfires and grassfires.

    Fire danger ratings are shown in the same way across all of Australia, so whether you’re at home or travelling, you will see the same rating system. 

    The new Fire Danger Ratings

    There are four levels of fire danger:

    • Moderate – Plan and prepare
    • High – Be ready to act
    • Extreme – Take action now to protect your life and property
    • Catastrophic – For your survival, leave bushfire risk areas

    Fire Danger Ratings will be issued on days when there is a fire risk.

    Each fire danger rating will have a clear set of messages including the actions the community can take to reduce their risk.

    Ratings are forecast using Bureau of Meteorology data for up to four days in advance, based on weather and other environmental conditions such as vegetation.

    The rating is your trigger to take action to stay safe.

    What do the ratings mean and what should you do?

    CATASTROPHIC

    What does it mean?

    If a fire starts and takes hold, lives are likely to be lost.

    • These are the most dangerous conditions for a fire.

    What should I do?

    For your survival, leave bushfire risk areas.

    • Your life may depend on the decisions you make, even before there is a fire.
    • For your survival, do not be in bushfire risk areas.
    • Stay safe by going to a safer location early in the morning or the night before.
    • Homes cannot withstand fires in these conditions. You may not be able to leave and help may not be available.

    EXTREME

    What does it mean?

    Fires will spread quickly and be extremely dangerous.

    • These are dangerous fire conditions.
    • Expect hot, dry and windy conditions.

    What should I do?

    Take action now to protect your life and property

    • Check your bushfire plan and that your property is fire ready
    • If a fire starts, take immediate action. If you and your property are not prepared to the highest level, go to a safer location well before the fire impacts.
    • Reconsider travel through bushfire risk areas.
    • Leaving bushfire risk areas early in the day is your safest option.

    HIGH

    What does it mean?

    Fires can be dangerous.

    What should I do?

    Be ready to act.

    • There’s a heightened risk. Be alert for fires in your area.
    • Decide what you will do if a fire starts.
    • If a fire starts, your life and property may be at risk. The safest option is to avoid bushfire risk areas.

    MODERATE

    What does it mean?

    Most fires can be controlled.

    What should I do?

    Plan and prepare.

    • Stay up to date and be ready to act if there is a fire.

    NO RATING

    The system also introduces an ‘off’ level for days where no proactive action is required by the community. This does not mean that fires cannot happen, but that they are not likely to move or act in a way that threatens the safety of the community. This rating is the thin white wedge on the colour wheel sitting under ‘Moderate’.

    Find out more

    To see the current Fire Danger Rating forecast across the state see Total Fire Bans & Fire Danger Ratings. To see the Fire Danger Rating forecast for where you are, see CFA Local.

    For more detailed information, check out the Australasian Fire and Emergency Service Authorities (AFAC) website and FAQs, or Prepare and Get Ready – VicEmergency

     

    Page last updated:  Thursday, 10 October 2024 7:49:48 PM

    MIL OSI News –

  • MIL-OSI Security: Secretary General welcomes Sweden’s plans to boost defence spending

    Source: NATO

    On Wednesday (October 16), NATO Secretary General Mark Rutte and the Prime Minister of Sweden Ulf Kristersson met at NATO Headquarters in Brussels to discuss the strengthening of NATO’s deterrence and defence and NATO’s increased support to Ukraine.

    Since joining NATO in March this year, “Sweden’s membership has made NATO stronger, Sweden safer, and all of us more secure,” said the Secretary General. He commended the Swedish government for its recent proposals to bolster NATO’s deterrence and defence, including with ”troops for NATO’s battlegroup in Latvia, combat aircraft for NATO’s air policing mission, and vessels for NATO’s Standing Naval Forces.” The Secretary General thanked Sweden for its offer to lead the new NATO battlegroup to be established in Finland. He noted that Sweden spends more than 2 percent of GDP on defence and welcomed the country’s plans to further boost its defence spending in 2025.

    The Secretary General also noted Sweden’s steadfast support to Ukraine. “On a per capita basis, Sweden is a top supporter of Ukraine. Providing over 4 billion euros in military assistance,” he said. He reiterated that Allies are working hard to deliver on the commitments made during the Washington Summit on support for Ukraine, including “a new Command to coordinate security assistance and training, and a financial pledge of 40 billion euros as a minimum baseline in the coming year.”

    Secretary General Rutte stressed that Ukraine’s path to membership is irreversible. “Every nation has the right to choose its own path. No one outside NATO or outside that particular country has a veto or a vote on this. Sweden’s seat at the NATO table shows exactly that,” he concluded.

    MIL Security OSI –