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  • MIL-OSI Russia: DIT of Moscow invites citizens to a family day of digital literacy

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On October 19, a family digital literacy day will be held in the Smart City pavilion at VDNKh. The capital’s Department of Information Technology.

    “Residents of the capital are among the most advanced users of online services and services. Our

    survey showed that 95 percent of Muscovites use digital solutions daily. Therefore, it is especially important for us that city residents receive up-to-date and reliable information about digital opportunities. This is what the Family Day of Digital Literacy is dedicated to,” the Moscow Department of Information Technology said.

    The event will include a public session where experts from the capital’s Department of Information Technology, representatives of public organizations and the IT industry will talk about the role of technology in everyday life and raise important issues in the field of cybersecurity. In addition, visitors will enjoy fascinating lectures and master classes. Guests will learn how to become a blogger and whether it is possible to turn an old smartphone into a microscope. They will also be able to take part in a quiz on digital literacy.

    Throughout the day, anyone who wishes will be able to take part in tours of the multimedia exhibition of the Smart City pavilion, including a special exhibition “Digital Technologies of Moscow: for the 30th Anniversary of Runet”Thematic interactive zones will allow guests to get to know the key areas of development of the capital’s digital ecosystem better.

    In addition, guests will be able to test their digital skills at the Digital Dictation event. The test will be available in a specially equipped area. The organizers will award unique prizes for the best results.

    You can attend the Family Digital Literacy Day events from 11:00 to 18:00 for free, by prior registration.

    Family Digital Literacy Day is held as part of the all-Russian campaign “Digital Dictation – 2024” with the support of the Department of Information Technology of the City of Moscow.

    The Smart City pavilion at VDNKh was opened in 2016. Here you can take part in master classes, quests, programming workshops, 3D modeling courses, robotics and other events. On the pavilion website You can find out details about each of the spaces, see the dates of upcoming in-person and online events, and register for them.

    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.mos.ru/nevs/item/145303073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Residents of 127 buildings received new apartments under the renovation program in September

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    In September, Muscovites completed documents for housing in 75 new buildings under the renovation program. This was reported by the Minister of the Moscow Government, head of the capital’s Department of City Property Maxim Gaman.

    “In September, more than 2.6 thousand city residents from 127 old houses located in 46 districts of the capital received keys to new apartments in 75 modern residential complexes built under the renovation program. The largest number of contracts for new housing in the first month of autumn were signed by residents of the Golyanovo and Izmailovo districts – 727 and 354 people, respectively. In Marfino, 258 city residents became owners of apartments,” said Maxim Gaman.

    For participants in the renovation program, the mos.ru portal has created apartment viewing appointment service. It allows you to choose a convenient date and time for this. The documents required for concluding contracts are prepared by the employees of the population information centers.

    The apartments that Muscovites receive under the renovation program are equipped with electric stoves, plumbing, and lighting fixtures. The area around the new buildings has been landscaped, and playgrounds and sports grounds have been installed. The necessary social infrastructure is located near the buildings.

    Renovation program: about 75 percent of new residents took advantage of the city’s assistance when movingMore than 16 thousand city residents have begun resettlement under the renovation program since the beginning of the yearSobyanin: Individual solutions are being created for all facades of buildings undergoing renovation

    “In September 2024, 11 residential complexes in six districts of the capital were handed over for settlement. Most of them were in the Eastern Administrative District – four new buildings, two each in the southeast and west, one each in the north, south and in the city center,” clarified the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

    Vladislav Ovchinsky.

    Earlier Sergei Sobyanin reported, that resettlement under the renovation program has already affected more than 176 thousand city residents.

    The program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. In 2023 alone, 59 new buildings in the capital were handed over for settlement and the resettlement of over 47 thousand people was ensured. Moscow Mayor ordered to increasethe pace of implementation of the renovation program has doubled.

    The first stage of the renovation program has been completed in 47 districts of MoscowMore than 730 houses in the capital have been resettled under the renovation programIn Moscow, the services of the Smart Home project are being implemented in new buildings under the renovation program

    Moscow is one of the leaders among regions in terms of construction rates and volumes. In recent years, within the framework of the federal project “Housing” of the national project “Housing and Urban Environment” the volume of construction and commissioning of residential properties in the capital has doubled – from three to five to seven million square meters per year. More information about this and other national projects being implemented in Moscow can be found Here.

    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://vvv.mos.ru/nevs/item/145403073/

    MIL OSI Russia News –

  • MIL-OSI Russia: A basic department of “Agrophysical engineering” opened at SPbPU

    MILES AXLE Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    On October 16, a ceremonial signing of the agreement on the establishment of the basic department of “Agrophysical Engineering” in the Civil Engineering Institute on the basis of the Federal State Budgetary Scientific Institution “Agrophysical Research Institute” (AFI) took place. The event was attended by the rector of SPbPU Andrey Rudskoy and the director of the Civil Engineering Institute Marina Petrochenko. AFI was represented by the director Yury Chesnokov and the leading researcher Tatyana Danilova.

    The purpose of creating the basic department is the integration of educational and research activities in priority areas of science and technology: “Rational Nature Management”, “Technologies for Monitoring and Forecasting the State of the Environment, Prevention and Elimination of Pollution”, “Technologies for the Prevention and Elimination of Natural and Man-Made Emergencies”. Including in-depth training of students in the following areas of training: “Construction”, “Technosphere Safety”, “Urban Planning”, “Geoecology”. The development of the main research areas of activity are defined by the “Doctrine of Food Security of the Russian Federation”, “Climate Doctrine of the Russian Federation”, “Ecological Doctrine of the Russian Federation”, as well as the provisions of the “Doctrine of the Development of Russian Science”.

    In the near future, the main areas of activity of the basic department of “Agrophysical Engineering” will be the following scientific and educational projects:

    development and launch of an open online course “Engineering Land Reclamation” within the framework of the “National Open Education Platform” project; implementation of additional professional education programs in the field of agrophysical engineering and hydromelioration; development of methods for cleaning, restoration and restoration of the functionality of tubular subsurface drainage; use of unmanned aerial vehicles to restore drainage systems; assessment of the quality of drainage systems using remote methods; use of digital technologies in mathematical modeling and computer calculations in land reclamation in hydromelioration; improvement of the quality and fertility of agricultural lands through hydromelioration measures.

    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://vvv.spbstu.ru/media/nevs/education/a basic-department-of-agrophysical-engineering was opened in-spbpo/

    MIL OSI Russia News –

  • MIL-OSI Russia: The government will finance the repair of hydraulic structures, as well as the clearing of a section of the Kalmius River in the Donetsk People’s Republic

    MILES AXLE Translation. Region: Russian Federation –

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

    Order dated October 14, 2024 No. 2835-r

    Document

    Order dated October 14, 2024 No. 2835-r

    About 270 million rubles will be allocated to a number of regions for the repair and maintenance of hydraulic structures and the improvement of the ecological state of rivers. The order on the redistribution of funding for these purposes was signed by Prime Minister Mikhail Mishustin.

    Almost 240 million rubles are intended for work on 177 hydraulic structures in a number of regions. After the spring floods of 2024, in particular, it is necessary to restore damaged soil slopes of dams and canals, clean water drainage channels from silt deposits, eliminate cracks on the surface of concrete structures and restore anti-corrosion protection.

    Federal funding will help improve hydraulic structures that protect 223 cities and towns with a total population of more than 1.1 million people.

    In addition, 30 million rubles will be spent on clearing a 9-kilometer section of the Kalmius River in the Donetsk People’s Republic. This will improve the ecological state of the river within the boundaries of the settlements of Larino, Pavlogradskoye, Pridorozhnoye and others.

    The work is being carried out within the framework of the federal project “Preservation of Unique Water Bodies”.

    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://government.ru/nevs/53014/

    MIL OSI Russia News –

  • MIL-OSI China: Legendary landscape painting brought to life in dance film

    Source: China State Council Information Office 3

    A poster for “A Tapestry of a Legendary Land.” [Image courtesy of China Film Group]

    “A Tapestry of a Legendary Land,” a dance film inspired by the famous landscape scroll painting “Qian Li Jiang Shan Tu,” or “A Thousand Miles of Streams and Mountains,” is now screening in theaters across China.

    Released nationwide on Oct. 1, the film tells the story of a cultural relic researcher who, while immersed in studying this nearly 12-meter-long scroll, travels through centuries to connect with the artist and understand how the masterpiece was created.

    This painting from the Northern Song Dynasty (960-1126) is the only surviving work of prodigy court painter Wang Ximeng. It depicts a panoramic view of mountains and rivers and is celebrated as a hallmark of blue-green landscape painting, a style that uses mineral-based pigments like malachite (green) and azurite (blue) to create bold, vibrant colors.

    In 2021, the theatrical dance show “A Tapestry of a Legendary Land” premiered to positive reviews. It gained widespread popularity across the country after parts of the show were staged during the 2022 Spring Festival Gala and became a hit.

    The film, an adaptation of the original dance show, was produced with the same cast and creative team from the stage production. It has raked in over 40 million yuan (about 5.6 million U.S. dollars), making it the third-highest-grossing domestic musical film on the Chinese mainland and earning an 8 out of 10 rating on the popular film platform Douban.

    “Using dance to express the artistic conception of traditional Chinese painting is an excellent idea. The film achieves a harmonious blend of style and color, creating a visually stunning experience,” commented a netizen on Douban.

    The directors of the film, who also helmed the dance show, expressed hope that the movie could serve as both an extension of the show and an interpretation of the painting. The film uses blue and green — the painting’s most distinct characteristics — as its basic colors, featuring no spoken dialogue to emphasize the dance performance.

    “Not using dialogue in the creation of the film was a significant challenge,” said Han Zhen, co-director of the film, noting that they made the choice out of respect for dance and the dance show.

    “We believe that Chinese culture possesses a unique ability to convey genuine emotions and resonate with audiences through silent performances,” added Han, who is also a very experienced choreographer.

    She believes that film is an excellent medium for promoting traditional culture. “The immersive experience of cinema allows the audience to truly appreciate the unique beauty of this unparalleled painting,” Han said, adding that she hopes their film will create more opportunities for integrating film and dance arts.

    For the cast members, who have performed in 600 shows across 71 cities over the past three years, appearing in the film allows their performances to endure longer and reach a wider audience.

    “I’m grateful to have my most beautiful youth captured in this film. As we grow older and experience more challenges or injuries, I’m unsure how much longer I can continue to dance on stage,” said Xie Suhao, who portrays the cultural relic researcher in the production.

    Zhang Han, who portrays Wang Ximeng, the gifted painter believed to have died shortly after completing the masterpiece at just 18 years old, expects the film to reach “the widest and farthest audience,” far beyond the limited number of viewers able to see the dance show in theaters.

    According to Jing Xiaoyong, chairman of China Oriental Performing Arts Group, a co-producer of both the film and the dance show, China needs to develop its own dance films and promote dance and music productions as a means of fostering international exchange.

    “From online literature to internet-based films and stage productions, art knows no boundaries,” said Jing, adding that the production company aims to explore more innovative approaches to revitalize traditional culture. 

    MIL OSI China News –

  • MIL-OSI China: ‘Joker’ sequel opens in China with meager turnout amid polarized reviews

    Source: China State Council Information Office 3

    Warner Bros.’ “Joker: Folie à Deux” opened in China on Wednesday with a modest gross of around 9 million yuan (about 1.26 million U.S. dollars), according to box office tracker Maoyan.

    The film’s lackluster performance stands in stark contrast to the high anticipation that once surrounded the sequel to Todd Phillips’ 2019 hit “Joker,” and mirrors the lukewarm reception it received in the United States, where it premiered 12 days earlier. Its Rotten Tomatoes score currently sits at a disappointing 32 percent.

    “Joker: Folie à Deux” has received a 5.9 out of 10 rating on China’s popular review platform Douban. Audience reactions have been deeply divided, with some criticizing the film for failing to live up to its predecessor, while others have praised it as a deconstruction of the Joker character, even calling it an “anti-Joker movie.”

    Maoyan projects the film to close its China box office run with a total of around 67 million yuan, a far cry from the numbers typically expected of a major Hollywood release.

    As China’s entertainment landscape continues to diversify, Hollywood films have seen their appeal wane among Chinese audiences, no longer the guaranteed box office draws they were a decade ago.

    This year, eight of the top 10 earners currently at China’s box office are domestic titles. “Godzilla x Kong: The New Empire” is the only American title to crack the top 10, ranking ninth with 956 million yuan. 

    MIL OSI China News –

  • MIL-OSI Russia: To the participants of the annual meeting of the BRICS Business Council

    MILES AXLE Translation. Region: Russian Federation –

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

    The annual meeting of the BRICS Business Council and the BRICS Business Forum will be held in Moscow on October 17-18.

    Dear friends!

    I am pleased to welcome the participants of the annual meeting of the BRICS Business Council.

    Since its establishment, the Business Council has become a popular and effective mechanism for strengthening economic cooperation among BRICS countries. It plays an important role in building a dialogue among the business community.

    In the context of ongoing geopolitical transformations, our association faces large-scale tasks. Given the growing sanctions pressure, the disregard of international law and WTO rules by a number of countries, as well as the restructuring of trade and logistics chains, it is necessary to strengthen the global economic system, ensure access to new markets, and create additional opportunities for business. All this is reflected in the priorities of the Russian presidency of BRICS.

    We consider it important to increase the volume of e-commerce and unlock the potential of artificial intelligence. It is important to develop digital entrepreneurship, improve the conditions for the active implementation of modern technologies by large companies, small and medium-sized enterprises. To solve this problem, it is necessary to ensure joint research and development, the adoption of common ethical standards, the exchange of experience and best regulatory practices. All this will help simplify business contacts and give impetus to the economic growth of our countries.

    We expect that the business community will make a significant contribution to the overall work in all areas of financial and economic cooperation and, in general, will contribute to increasing the role of BRICS in global governance mechanisms, promoting a more equitable system of international relations, and strengthening the association in its status as an organizing principle for the countries of the global South.

    I wish the meeting participants fruitful discussions and all the best!

    M. Mishustin

    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://government.ru/gov/persons/151/telegrams/53018/

    MIL OSI Russia News –

  • MIL-OSI: WOO Innovation Hub and Almanak Partner to Drive AI-Powered Optimization in DeFi

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 17, 2024 (GLOBE NEWSWIRE) — As part of the broader WOO Ecosystem, which includes the WOOFi protocol, a leading decentralized exchange, and WOO X, a global centralized exchange, the WOO Innovation Hub is excited to announce a new strategic partnership with Almanak, an agent-centric platform that allows users to develop, optimize, and deploy financial strategies using AI agents. This collaboration brings cutting-edge artificial intelligence (AI), machine learning (ML), and data science technologies to the forefront of decentralized finance (DeFi) development.

    Almanak is at the forefront of AI innovation in DeFi, providing AI agent-based tools that allow users to navigate the complexities of financial markets with unparalleled accuracy and speed. Their platform is designed to equip both institutional and retail users with intelligent agents capable of autonomously managing and growing portfolios while adapting to real-time market conditions. Whether optimizing yield, managing risk, or developing entirely new strategies, Almanak’s mission is to empower users with personalized financial superintelligences that transform how individuals and institutions interact with DeFi.

    Through this partnership, WOOFi is bringing the power of Almanak’s AI-driven technology directly to its community, providing developers, traders, and liquidity providers with access to tools that will help them excel in the competitive DeFi landscape.

    Abby Huang, WOO Innovation Hub Lead, said: “This partnership with Almanak underscores our commitment to integrating the most advanced AI and machine learning technologies available today. Together, we are providing the tools needed to ensure that our community stays ahead in the fast-evolving DeFi ecosystem.”

    Michael Herzyk, Almanak CEO stated: “We’re thrilled to partner with WOOFi and bring our AI agents into such a thriving DeFi ecosystem. Our agents are designed to optimize financial strategies, and with WOOFi’s extensive user base and liquidity pools, we believe this collaboration will unlock new opportunities for growth and innovation in decentralized finance.”

    Contact Us: ecosystem@woo.network

    About WOOFi
    WOOFi is a leading decentralized exchange (DEX) with over $42B in cumulative trading volume and more than 250k monthly active users. It supports 11 blockchains and offers a diverse range of products, including earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi, WOO, can be staked to share 80% of all protocol fees.

    About Almanak: Almanak is an agent-centric platform that allows users to develop, optimize, and deploy financial strategies using AI-driven agents. Its platform equips users with the tools to create autonomous, self-improving agents that can manage and grow portfolios by adapting to changing market conditions in real-time. Built by experts from tech & finance, and backed by top VCs, Almanak leverages state-of-the-art machine learning models and reinforcement learning techniques to provide continuous optimization of financial strategies. Users that wish to learn more and get early exposure to Almanak – related opportunities, can already sign-up for an Almanak early access waitlist.

    Disclaimer

    The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind.

    Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities. We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

    The collaboration between WOO and Almanak highlighted in the content above does not indicate in any way that WOO provides, or will provide financial service. WOO does NOT endorse, guarantee or provide advice for any products or services of its business partners. This cooperation shall in no event be interpreted as an assurance or guarantee for the listing of any tokens, whether presently existing or to be generated in the future, on WOO X or any associated exchange platforms, nor does it imply any commitment from WOO X to list any tokens on its platforms or others. The decision to list any tokens is governed by and subject to a series of separate criteria and procedures, independent of this cooperation or business partnership.

    Nothing in this article or any related content shall be construed to create or suggest the existence of a partnership, joint venture, agency relationship, or any form of legal association between WOO and Almanak. Each party is an independent entity, acting solely in its own capacity, and is responsible for its own actions, decisions, and associated risks. The collaboration mentioned does not imply any form of shared liability or financial obligation, and each party will bear its own risks and responsibilities. Furthermore, this article should not be interpreted as providing any guarantees regarding the outcome of any business ventures or collaborations mentioned, nor shall be an indication of guaranteed success or profitability for either WOOFi, WOO X or Almanak, or any of their business partners.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/02d9029a-02bc-4e0f-ad8c-287d7b4120ca

    The MIL Network –

  • MIL-OSI: Lantronix Unveils SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, Powered by Qualcomm

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, has launched SmartLV, powered by the Qualcomm® IQ-615 processor, the first AI-enabled IoT Edge Compute Cellular Gateway. This groundbreaking innovation, designed specifically for low-voltage substations and distribution automation applications in next-generation smart grids, utilities and industrial sectors, will debut at Enlit Europe, Oct. 22–24, 2024, in Milan, Italy.

    SmartLV is engineered to revolutionize real-time visibility, control and automation in the energy sector, providing Distribution System Operators (DSOs) with the ability to manage and steer energy precisely when and where it’s needed. Built with advanced cybersecurity protocols and AI capabilities, the SmartLV ensures robust, reliable and secure operations for mission-critical applications, offering unmatched control over low-voltage substations and Distributed Energy Resources (DERs).

    “The SmartLV Gateway is a leap forward in empowering utility operators with critical, real-time insights and control over their low-voltage substations,” said Mathi Gurusamy, Chief Strategy Officer at Lantronix. “By utilizing Qualcomm Technologies’ AI technology, this solution helps to address today’s most pressing challenges at the edge of the smart grid.”

    AI at the Edge: Transforming Energy Management

    With growing demand for smarter and greener energy grids, the SmartLV Gateway empowers DSOs to anticipate and respond to real-time grid conditions, optimizing energy flow and ensuring stability even during peak loads. This AI-driven platform doesn’t just monitor; it enables intelligent energy steering and dynamic decision-making at the edge.

    “SmartLV exemplifies the fusion of AI and connectivity in tackling critical challenges within smart grids. Qualcomm® and Lantronix are enabling DSOs to have enhanced control and insights into the distribution network, transforming how energy is delivered and consumed and accelerating the grid transformation in Europe,” added Sebastiano Di Filippo, Senior Director of Business Development at Qualcomm Europe Inc.

    SmartLV Gateway key features include:

    • Multi-protocol communication: Seamlessly integrates with existing infrastructure via Ethernet, Serial, I/O and Industrial Protocol conversion suites, offering flexibility across legacy and modern systems.
    • High-speed connectivity: Future-resilient with LTE and 5G-ready high-speed cellular communication for reliable, low-latency operations.
    • Edge computing for real-time decisions: AI-enabled edge computing that powers low-latency analysis, enabling split-second decision-making directly at the substation.
    • Advanced cybersecurity: Fortified with Lantronix’s InfiniShield™ security framework to defend against cyber threats, ensuring uninterrupted operations.
    • Simplified management with Lantronix’s Percepxion™ IoT Edge Platform: Offers seamless management with global cellular plans, VPN security and an easy-to-use cloud platform to monitor and control deployments.
    • Energy Steering Automation: Provides automated, real-time control of DERs based on actual grid conditions to ensure efficient energy flow.  

    Innovation Fueled by a Long-Standing Collaboration

    The SmartLV Gateway is the latest innovation in a 15-year relationship, combining Qualcomm Technologies’ industry-leading AI and connectivity with Lantronix’s expertise in IoT solutions for industrial and smart grid applications.

    Availability

    The SmartLV Gateway is scheduled to launch in CY 2025, with some trials beginning at the end of CY 2024 for selected DSOs. For more information or to schedule a demo, visit Hall 5, MR10.

    About Lantronix   

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing. 

    For more information, visit the Lantronix website. 

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to the SmartLV AI-Enabled IoT Edge Compute Cellular Gateway for Qualcomm developers. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances. 

    © 2024 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners. 

    Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries
    Qualcomm is a trademark or registered trademark of Qualcomm Incorporated 

    Lantronix Media Contact:         
    Gail Kathryn Miller 
    Corporate Marketing & 
    Communications Manager 
    media@lantronix.com 
    949-212-0960 

    Lantronix Analyst and Investor Contact:         
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

    Source: GlobeNewswire (MIL-OSI)

    Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations

    XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure

    Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster

    NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced it has developed an innovative new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning capability. The functionality will be integrated into Nasdaq’s Calypso platform, which is used by banks, insurers, and other financial institutions globally to access capital markets, process front-to-back office treasury workflows, manage risk, and meet regulatory reporting obligations.

    XVA is a family of Value Adjustments made to derivative values to reflect the impact of risk, funding, capital, and other costs associated with trading OTC derivatives. A well-known example is a Credit Valuation Adjustment where changes are made to reflect counterparty credit risk inherent in bilateral transactions. This process has been critical to help banks manage risks since the Global Financial Crisis of 2007-8.

    Alongside the development of structured products, financial engineering has led to highly complex derivative pricing models, demanding more sophisticated internal risk modelling alongside greater regulatory oversight. Collectively, this has placed a substantial and costly computational requirement on the industry.

    Nasdaq’s machine learning technology is combined with a sophisticated form of mathematical modelling that can significantly improve the efficiency of conducting the most complex trading and regulatory risk calculations. It transforms the time taken to price financial instruments across millions of scenarios, processing the most complex products up to 100 times faster whilst maintaining high levels of accuracy. It can also significantly reduce the amount of physical infrastructure required to run those calculations.

    Gil Guillaumey, Senior Vice President and Head of Capital Markets Technology at Nasdaq, said: “All financial institutions trading OTC derivatives are required to perform increasingly complex calculations to meet internal risk controls and regulatory mandates. Maintaining the necessary infrastructure and systems can be outrageously expensive, inefficient, and increasingly impractical regardless of cloud elasticity strategies. The sheer scale of computing power required to meet the most demanding regulations, alongside the strategic benefits of more accurate real-time analytics, is driving a profound rethink about how we can leverage AI to reduce the cost of compliance.”

    Industry-wide rise in risk analytics

    The ability to accurately model risk across asset classes is essential for optimal trading decisions, accurate accounting of risk profiles, and calculating capital requirements. Risk functions within financial institutions are therefore consistently enhancing their own internal framework, while regulators also recognize the benefits of increasing the volume and frequency of risk calculations such as XVA and Value-at-Risk.

    For example, The Standardized Approach for XVA under Basel III Endgame introduces a more complex and granular series of calculations across firms’ trading portfolios. The regulation is aligned to best practice risk management controls, with some banks already performing intraday calculations; however, others do not have the system capability and have to accept the costs charged by their counterparty.

    Today, a typical Credit Value Adjustment computation involves millions of Monte Carlo simulations over a series of points in time to produce up to 10 billion revaluations. Firms are also increasingly required to run sensitivity analysis on those calculations for risk management purposes, which can result in up to 1 trillion calculations per day for a typical portfolio, requiring a huge amount of computational power and physical infrastructure.

    Nasdaq’s XVA Accelerator

    Called the XVA Accelerator, Nasdaq’s innovative technology uses a mathematical approach known as Chebyshev Tensors, drawing on a patented technique and modelling expertise from MoCaX Intelligence. It incorporates a breakthrough mathematical theorem by Sergei Bernstein that allows users to identify groups of scenarios that are highly likely to converge at an exponential speed toward the target result. This will allow very accurate approximations for an extensive range of scenarios, whilst requiring substantially fewer calculations than the original method.

    The Chebyshev Tensors in the XVA Accelerator are calibrated in a dynamic manner each time an XVA calculation is launched. As a result, it adapts immediately to changing market conditions, which can prove particularly valuable in moments of market disruption.

    With this technology, the Nasdaq Calypso risk analytics suite can rapidly adjust during periods of heightened volatility, or fluctuating interest rates, by identifying a smaller number of ‘smart’ scenarios to provide more timely risk analytics. The model can transparently detail how it has arrived at each assumption and lower the energy requirements, or carbon footprint, associated with conducting computationally intensive calculations.

    Ultimately, this approach can significantly improve execution times, reduce costs, and empower financial institutions to more effectively manage risk.

    As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise and cloud managed service services to help 3,500+ banks, brokers, regulators, financial infrastructure operators, and buy-side firms solve their toughest operational challenges while advancing industrywide modernization.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at http://www.nasdaq.com.

    Media Contact:

    Andrew Hughes
    +44 (0)7443 100896
    Andrew.Hughes@nasdaq.com

    Camille Stafford
    +1 (234) 934 9513
    Camille.Stafford@nasdaq.com

    Cautionary Note Regarding Forward-Looking Statements: 

    Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “can”, “will”, and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of AI within Nasdaq’s Calypso solution. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at http://www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. 

    NDAQG 

    The MIL Network –

  • MIL-OSI Asia-Pac: Government sets up Task Group on New Medical School

    Source: Hong Kong Government special administrative region

         The Government announced today (October 17) the establishment of the Task Group on New Medical School responsible for devising the direction and parameters for a new medical school. The Task Group intends to extend invitation of proposals within this year to local universities interested in establishing the new medical school, so as to select a suitable university for setting up the third medical school.
           
         The Chief Executive announced in his Policy Address 2024 that the Government supports the establishment of the third medical school by a local university, with a view to nurturing more talented medical practitioners in support of the local healthcare system to provide quality service, while at the same time driving Hong Kong’s development into an international medical training, research and innovation hub.

         The Secretary for Health, Professor Lo Chung-mau, said, “The establishment of the third medical school is an important project in developing medical education in Hong Kong to drive the pursuit of excellence in medical teaching and research in Hong Kong. Echoing the plan to develop Hong Kong into an international health and medical innovation hub, I hope that the new medical school could pursue an innovative strategic position complementarity with the two existing ones, in areas such as the medical curriculum, sources of students and research projects, with a view to promoting diversified development in local medical education and research as well as attracting more local, Mainland and overseas medical talent to take up teaching and research duties.

         “We attach significant importance to the establishment of the new medical school. To that end, we have in particular invited seasoned local, Mainland and overseas academics for medical teaching and university management, professionals, the President of the Hong Kong Academy of Medicine and the Chairman of the Medical Council of Hong Kong, together with relevant Directors of Bureaux and Heads of Departments of the Government, to form the Task Group on New Medical School. The Task Group will holistically examine various factors when considering proposals submitted by universities, including the strategic position of the medical school, curriculum design, student recruitment arrangement, demand and supply of teaching and training manpower, facilities, and financial resources required. I sincerely look forward to working closely with all members of the Task Group to start a new chapter for medical education in Hong Kong. Our first target is to extend invitation of proposals within this year to local universities interested in setting up the new medical school.”

         The terms of reference of the Task Group on New Medical School are as follows:
     

    To devise directions and parameters for the establishment of a new medical school with the aim of supporting the local healthcare system in providing quality medical services and fostering the development of Hong Kong as an international hub for medical training, research and innovation, and the criteria for assessing proposals for a new medical school from local universities.
    To liaise with interested local universities, invite and assess proposals from them for a new medical school, to handle related matters (including but not limited to funding arrangements, programme accreditation, teaching hospital and research support), and to formulate recommendations on the establishment of a new medical school and related arrangements for decision by the Chief Executive in Council; and
    To liaise with the university selected for the establishment of the new medical school on its implementation plan (including but not limited to funding arrangements, programme accreditation, teaching hospital and research support), and to provide facilitation on the interim and long-term arrangements for a designated school campus and teaching hospital in consultation with the relevant government bureaux/departments.

    　　
         The membership of the Task Group on New Medical School is as follows (see Annex for brief biographies of expert advisors of the Task Group):

    Co-chairmen
    ————
    Secretary for Education
    Secretary for Health

    Alternate Co-Chairmen
    ——————
    Permanent Secretary for Education / Under Secretary for Education
    Permanent Secretary for Health / Under Secretary for Health

    Expert Advisors
    ————
    Chairman of the Medical Council of Hong Kong
    President of the Hong Kong Academy of Medicine (or representative)
    Professor Nivritti Gajanan Patil
    Professor Joseph Sung Jao-yiu
    Professor Zhao Yupei
    Mr Philip Tsai Wing-chung

    Official Members
    ————
    Permanent Secretary for Development (Planning and Lands) (or representative)
    Permanent Secretary for Innovation, Technology and Industry (or representative)
    Secretary-General of the University Grants Committee (or representative)
    Director of Health (or representative)
    Chief Executive of the Hospital Authority (or representative)
    Deputy Secretary for Education (1)
    Deputy Secretary for Health 3
    Commissioner for Primary Healthcare (or representative)

    MIL OSI Asia Pacific News –

  • MIL-OSI Submissions: WHO – Despite health gains, urgent action needed to meet health-related Sustainable Development Goals in the Western Pacific Region

    SOURCE: World Health Organization (WHO)

    Manila, Philippines, 17 October 2024 – According to a new report released today, countries in the World Health Organization (WHO) Western Pacific Region experienced the smallest decline in life expectancy during the COVID-19 pandemic compared to other WHO regions. Life expectancy in the Western Pacific fell by only 0.07 years during 2020-21, a minimal drop compared to the global average decline of 1.7 years. The Western Pacific now has the highest life expectancy among WHO’s six regions, rising from 72.0 years in 2000 to 77.4 years in 2021.

    However, despite this progress, the Region – comprising 37 countries and areas across Asia and the Pacific – is still grappling with critical challenges and is off-track in achieving the health-related Sustainable Development Goals (SDGs). The SDGs are the global goals adopted by world leaders to end poverty and inequality, protect the planet and ensure that all people enjoy health, justice and prosperity by 2030. The new WHO report, Health statistics in the Western Pacific Region 2023: Monitoring health for the SDGs, highlights advancements made across the Region while also emphasizing the urgent need for action. The report shows that while the COVID-19 pandemic may have done less damage to life expectancy in the Western Pacific than other regions, it nevertheless exacerbated health inequalities and disrupted progress in other areas.

    Noncommunicable diseases on the rise

    While infectious diseases and injuries were previously major causes of illness and death in the Western Pacific, the Region is undergoing a significant epidemiological shift. Noncommunicable diseases (NCDs) like heart disease, stroke, diabetes and cancer now account for nearly nine in 10 deaths. While the probability of premature death from NCDs has declined in the Region by over 25% since 2000, major challenges remain. Moreover, the Region is experiencing rapid population ageing. There are now more than 245 million people aged 65 and older in the Region – a number that is projected to double by 2050. And many older people are living with NCDs.

    A major risk factor for NCDs is alcohol and tobacco use. Consumption of alcohol in the Region has risen by 40% since 2000. Despite a decline from 7.2 litres per capita per year in 2015 to 6.1 litres in 2019, the overall increase highlights an ongoing concern for public health. Similarly, although tobacco use declined from 28.0% of adults smoking in 2000 to 22.5% in 2022, this was still above the global average of 20.9%.

    Mental health issues are also taking their toll on the population, with alarmingly high suicide rates in some countries of the Western Pacific Region, influenced by factors such as stigma, limited access to mental health services and socioeconomic challenges.

    Climate- and environment-related health concerns are yet another major challenge. While air pollution in urban areas of the Region was found to have decreased from 2010 to 2019, air quality levels are still much worse than the WHO-recommended levels. Populations living in urban areas are therefore continuing to breathe unhealthy air.

    Mixed progress towards universal health coverage

    Universal health coverage (UHC) is another important SDG target for which the Western Pacific Region has had mixed progress. The UHC service coverage index measures access to essential health services such as reproductive, maternal, newborn and child care, and prevention and treatment services for both NCDs and infectious diseases. Over the past 20 years, the overall UHC service coverage index in the Western Pacific increased impressively, from 49 to 79 points out of 100 between 2000 and 2021. However, people’s ability to access health-care services varies greatly across the Region. In some countries, the UHC service coverage index score is as low as 30, meaning many people struggle to access basic health care, while in others, it exceeds 80, indicating a much higher level of service availability and coverage. Despite these advancements, progress has slowed and stagnated since the adoption of the SDGs in 2015, and particularly since 2019.

    Despite the growing burden of noncommunicable diseases, access to essential health services for NCDs did not improve significantly, increasing only slightly from 52 points in 2000 to 58 points in 2010. Even more troubling, there has been no further progress since 2010, and access to services remains low, particularly in Pacific island countries and areas.

    In contrast, access to services for infectious diseases improved significantly, rising from just 18 points in 2000 to 82 points in 2021. Immunization coverage for the WHO-recommended three doses against diphtheria, tetanus and pertussis, or DTP3, showed mixed results from 2000 to 2023: coverage increased in 15 countries, while four countries experienced no change and eight saw a decrease.

    In the Western Pacific Region, average health spending has increased substantially, tripling from around US$ 383 per person in 2000 to US$ 1336 in 2021. On average, health spending accounted for 6.6% of gross domestic product (GDP) at country level in 2000, and rose to 8.2% by 2021. However, despite efforts to increase public spending for health, the proportion of people in the Western Pacific experiencing catastrophic health expenditure − defined as spending more than 10% of their income on health-care − has nevertheless doubled, rising from 9.9% in 2000 to 19.8% in 2019.

    Critical action needed to achieve SDGs

    “While we celebrate the significant health gains that the Western Pacific Region has achieved, we must also acknowledge urgent challenges in sustaining progress,” said Dr Saia Ma’u Piukala, WHO Regional Director for the Western Pacific. “We are living longer than ever, and more than any other region of the world, but this isn’t enough. We’re off-track to meet many of the SDG targets, and the COVID-19 pandemic exacerbated health disparities. Now is the time for concerted action to address these issues. We look forward to working with health leaders from across the Region next week to finalize our new vision to weave health for families, communities and societies.”

    New vision for health in the Region

    Ministers of health and other senior officials are preparing for discussions at the seventy-fifth session of the WHO Regional Committee for the Western Pacific in Manila on 21−25 October 2024. The meeting will focus on the most pressing health needs in the Region and chart a course to address them.

    Weaving health for families, communities and societies in the Western Pacific Region (2025-2029): Working together to improve health, well-being and save lives is the proposed new vision for the Region. The vision centres on the analogy of weaving a mat – a traditional activity across Asia and the Pacific – symbolizing the collaborative efforts required by WHO, governments and partners to improve population health and well-being. The vision centres on five vertical strands of action led by governments interwoven with three horizontal strands of action by WHO.

    The five vertical strands of action led by governments, working with WHO and other stakeholders include:

    Transformative primary health care for UHC
    Climate-resilient health systems
    Resilient communities, societies and systems for health security
    Healthier people throughout the life course
    Technology and innovation for future health equity.

    The three horizontal strands of action by WHO are:

    Country offices equipped with skills for scaling up and innovation
    Nimble support teams in the Regional Office
    Effective communication for public health.

    These strands reflect the reality that the Western Pacific Region faces complex health challenges that cannot be addressed by the health sector alone. Achieving the goals of SDG 3 − Good health and well-being – will require a concerted effort from multiple sectors. Social determinants of health, including education, housing, employment, social protection, gender equality and the environment, significantly impact health outcomes. Therefore, collaboration between the health, education, urban planning, agriculture and environmental sectors, to name but a few, is crucial. Collaboration can create synergies and co-benefits for all these sectors while accelerating progress towards achieving SDG 3.

    “The commitment of governments, WHO and partners to achieving the Sustainable Development Goals by 2030 is a commitment to health and well-being for all,” added Dr Piukala. “We must work together to ensure that no one is left behind as we weave a healthier future.”

    In addition to the vision, the Regional Committee will also consider new regional action frameworks on digital health and on health financing to achieve UHC and sustainable development. There will be panel discussions on climate-resilient health-care facilities, transformative primary health care and oral health, as well as a special event on the Investment Round to resource WHO’s work for 2025–2028.

    Notes:

    The seventy-fifth session of the Western Pacific Regional Committee will run from Monday, 21 October through Friday, 25 October, at the WHO Regional Office for the Western Pacific in Manila, Philippines. The Agenda and timetable are available online. A livestream of proceedings, all other official documents, as well as fact sheets and videos on the issues to be addressed can be accessed here. For real-time updates, follow @WHOWPRO on Facebook, X, Instagram and YouTube and the hashtag #RCM75.

    Working with 194 Member States across six regions, WHO is the United Nations specialized agency responsible for public health. Each WHO region has its regional committee – a governing body composed of ministers of health and senior officials from Member States. Each regional committee meets annually to agree on health actions and to chart priorities for WHO’s work.

    The WHO Western Pacific Region is home to more than 1.9 billion people across 37 countries and areas: American Samoa (United States of America), Australia, Brunei Darussalam, Cambodia, China, Cook Islands, Fiji, French Polynesia (France), Guam (United States of America), Hong Kong SAR (China), Japan, Kiribati, the Lao People’s Democratic Republic, Macao SAR (China), Malaysia, the Marshall Islands, the Federated States of Micronesia, Mongolia, Nauru, New Caledonia (France), New Zealand, Niue, the Commonwealth of the Northern Mariana Islands (United States of America), Palau, Papua New Guinea, the Philippines, Pitcairn Islands (United Kingdom of Great Britain and Northern Ireland), the Republic of Korea, Samoa, Singapore, Solomon Islands, Tokelau, Tonga, Tuvalu, Vanuatu and Viet Nam, Wallis and Futuna (France).

    Related links:

    Health statistics in the Western Pacific Region 2023: Monitoring health for the SDGs
    Draft vision Weaving health for families, communities and societies in the Western Pacific Region (2025−2029): Working together to improve health and well-being and save lives
    WHO data on progress towards universal health coverage (UHC)
    Other WHO data which can be searched by country.

    MIL OSI – Submitted News –

  • MIL-OSI Russia: Alexandra Permyakova, People’s Artist of Russia

    MILES AXLE Translation. Region: Russian Federation –

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

    Mikhail Mishustin congratulated the artistic director of the State Academic Russian Folk Choir named after M.E. Pyatnitsky on his anniversary.

    The telegram states, in particular:

    “Thanks to your talent and constant creative search, you were able, while preserving all the best from your predecessors, to combine singing, music and dance traditions from different parts of Russia with modern trends in the performing arts. The concert programs you created reveal the beauty and versatility of Russian folklore and are very popular with viewers not only in our country, but also far beyond its borders.

    I wish you good health and all the best.”

    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://government.ru/gov/persons/151/telegrams/53019/

    MIL OSI Russia News –

  • MIL-OSI Submissions: Energy – Equinor’s third quarter 2024 safety results

    Source: Equinor

    Equinor’s overall long-term safety trend continues to move in a positive direction, but the total number of injuries has increased somewhat by the end of the third quarter, measured over the previous twelve months.

    At the end of the third quarter of 2024 the serious incident frequency per million hours worked (SIF) was 0.3, on par with the level in the second quarter. Serious injuries are also included in the serious incident statistics.

    Seven oil and gas leaks have been registered over the last 12 months. These leaks are classified according to the degree of severity in relation to the discharge rate.

    “We’re still headed in the right direction as regards major accident potential, hydrocarbon leaks and serious incidents. We’re seeing a low incident frequency and it’s important to ensure that we’re also learning from what’s going well,” says Jannicke Nilsson, Equinor’s executive vice president for safety, security and sustainability.

    The total recordable injury frequency per million hours worked (TRIF) as of the third quarter is 2.4 for the last 12 months, up from 2.2 at the end of the second quarter.

    “Our employees and suppliers are working well together to bolster safety, but we have not achieved the desired improvement for the injury trend. This is a challenge that we must solve together,” says Nilsson.

    Through the “Always Safe” annual wheel, Equinor is working with other operating companies and suppliers to enhance the understanding of which factors can get in the way of safe work performance. The focus in the “Always Safe” learning package for the fourth quarter is on health and working environment.

    “The trend shows that an increasing number of users are accessing the “Always Safe” packages. This is positive and shows an interest in sharing lessons learned and focusing on shared safety topics across our industry,” Nilsson says.

    Equinor is continuing its work to prevent major accidents through extra efforts within management training and e-learning courses that are also available to the company’s suppliers.

    There have been no incidents with major accident potential or serious well control incidents in the third quarter.

    MIL OSI – Submitted News –

  • MIL-OSI Russia: Dmitry Chernyshenko opened a fencing center in Ufa as part of the Russia – Sports Power forum

    MILES AXLE Translation. Region: Russian Federation –

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

    Deputy Prime Minister Dmitry Chernyshenko and Sports Minister Mikhail Degtyarev took part in the grand opening of the Fencing Palace named after Honored Trainer of the RSFSR and USSR Ramil Ayupov and launched the international competition “Saber of Salavat” among juniors.

    Dmitry Chernyshenko opened a fencing center in Ufa as part of the Russia – Sports Power forum

    October 17, 2024

    International competition “Saber of Salavat” among juniors

    October 17, 2024

    International competition “Saber of Salavat” among juniors

    October 17, 2024

    International competition “Saber of Salavat” among juniors

    October 17, 2024

    Previous news Next news

    Dmitry Chernyshenko opened a fencing center in Ufa as part of the Russia – Sports Power forum

    The event took place as part of the XII International Sports Forum “Russia – Sports Power”, which is taking place in Ufa from October 17 to 19. The ceremony was also attended by the President of the Russian Fencing Federation Ilgar Mamedov and the Acting Prime Minister of the Government of Bashkortostan Andrey Nazarov.

    “I am glad to welcome you to the opening of the arena, where competitions in this romantic, but incredibly useful and very important for our country sport will be held. A huge number of boys and girls, inspired by the victories of our great athletes, will definitely come here to train, and new stars will appear on the sports horizon of our country. It is symbolic that the opening is taking place in the year of the 450th anniversary of Ufa and just at the time when the forum “Russia – a Sports Power” is taking place in the capital of Bashkortostan,” the Deputy Prime Minister addressed the participants.

    Dmitry Chernyshenko recalled that our country has given the world a huge number of talents.

    “All this is happening thanks to the policy and attitude towards sports of President Vladimir Putin, who is an athlete himself and sets a very high bar for us. Here I would also like to note and thank the leadership of the republic – Radiy Faritovich Khabirov, who pays great attention to the development of this sphere in the region. There are more than 13 thousand sports facilities in the region, and their number continues to increase. The level of sports equipment in the republic is one of the highest in the country – 74.5%,” he noted.

    The Deputy Prime Minister emphasized that the rate of population involvement in regular sports activities exceeds the national average. More than 2 million residents of Bashkortostan regularly engage in sports due to the fact that the republic has the infrastructure.

    “I want everyone to think once again about a healthy lifestyle on this festive day and help the leadership of the republic and the entire country fulfill the order given by the President: so that 70% of our residents regularly engage in sports,” urged Dmitry Chernyshenko.

    The new fencing palace includes 28 fencing lanes, a multi-purpose hall with stands for 373 spectators, specialized and training halls, warm-up and recovery areas, as well as coaching and refereeing rooms. The palace is equipped with the latest refereeing systems and electronics for recording results, which will allow competitions of the highest level to be held.

    At the opening ceremony of the center, Andrei Nazarov emphasized that the region had been preparing for several years for an important sporting event for the entire country – the international forum “Russia – a Sports Power”.

    “Our athletes show excellent results, achieving high achievements in the international arenas. The entire international and Russian arena knows the Bashkir Olympic fencers. I am sure that the modern Fencing Center will become a real springboard for new sporting achievements that will glorify Russia and Bashkortostan in the world arena,” the acting Prime Minister of the Government of Bashkortostan greeted the guests and athletes at the ceremonial event.

    The first international fencing competition “Sabre of Salavat” has started in the new palace. About 120 athletes from Russia, Belarus and Uzbekistan will take part in individual competitions among juniors under 21, individual competitions among juniors under 24 and team competitions under 24.

    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://government.ru/nevs/53022/

    MIL OSI Russia News –

  • MIL-OSI Video: Fisheries subsidies: Burkina Faso’s acceptance

    Source: World Trade Organization – WTO (video statements)

    Burkina Faso deposited its instrument of acceptance of the Agreement on Fisheries Subsidies on 16 October. The Minister of Foreign Affairs, Regional Cooperation and Burkina Faso Citizens Abroad , Karamoko Jean Marie Traoré, presented Burkina Faso’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala.

    https://www.youtube.com/watch?v=mU1kfMCanjw

    MIL OSI Video –

  • MIL-OSI Video: European Council Meeting 17-18 October

    Source: European Commission (video statements)

    Watch on the Audiovisual Portal of the European Commission:

    Subscribe to our channel: https://bit.ly/2X56Ju6

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=PqN08Z4e0HM

    MIL OSI Video –

  • MIL-OSI Asia-Pac: The Presidential Office will resume weekday and designated holiday open house tours beginning October 19, 2024. We welcome all visitors. For detailed information, please see the announcements on our official website.

    Source: Republic of China Taiwan

    The Presidential Office will resume weekday and designated holiday open house tours beginning October 19, 2024. We welcome all visitors. For detailed information, please see the announcements on our official website.

    To the central content area

    Code Ver.:201710241546 & 201710241546.cs

    MIL OSI Asia Pacific News –

  • MIL-OSI Video: Skills in the Age of AI

    Source: World Economic Forum (video statements)

    By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted. From AI tutors to lifelong learning schemes, what approaches and opportunities hold the greatest potential to close gaps and prepare people for tomorrow’s economy?

    This session has been developed in collaboration with CNBC.

    https://www.youtube.com/watch?v=NTJK5e9ADcw

    MIL OSI Video –

  • MIL-OSI Video: Betazone: Precisely Where Needed

    Source: World Economic Forum (video statements)

    Whether it is the discovery of treatments and prevention of lifestyle or genetic diseases, precision medicine has only scratched the surface of its full potential to push the innovation boundaries in health and healthcare.

    What roles are technological advances, scientific knowledge and multistakeholder collaboration playing in shaping an equitable and effective future for precision medicine?

    https://www.youtube.com/watch?v=mTFRGXEtoD0

    MIL OSI Video –

  • MIL-OSI NGOs: Up to $41 billion in World Bank climate finance unaccounted for, Oxfam finds

    Source: Oxfam –

    Up to $41 billion in World Bank climate finance —nearly 40 percent of all climate funds disbursed by the Bank over the past seven years— is unaccounted for due to poor record-keeping practices, reveals a new Oxfam report published today ahead of the World Bank and IMF Annual Meetings in Washington D.C.

    An Oxfam audit of the World Bank’s 2017-2023 climate finance portfolio found that between $21 billion and $41 billion in climate finance went unaccounted for between the time projects were approved and when they closed.

    There is no clear public record showing where this money went or how it was used, which makes any assessment of its impacts impossible. It also remains unclear whether these funds were even spent on climate-related initiatives intended to help low- and middle-income countries protect people from the impacts of the climate crisis and invest in clean energy.

    “The Bank is quick to brag about its climate finance billions —but these numbers are based on what it plans to spend, not on what it actually spends once a project gets rolling,” said Kate Donald, Head of Oxfam International’s Washington D.C. Office. “This is like asking your doctor to assess your diet only by looking at your grocery list, without ever checking what actually ends up in your fridge.”

    The Bank is the largest multilateral provider of climate finance, accounting for 52 percent of the total flow from all multilateral development banks combined.

    The issue of climate finance will take center stage at this year’s COP in Azerbaijan, where countries are set to negotiate a new global climate finance goal, the New Collective Quantified Goal (NCQG). Climate activists are demanding the Global North provide at least $5 trillion a year in public finance to the Global South to pay for climate adaptation, the loss and damage caused by the impacts of climate breakdown, and a just transition away from fossil fuels to renewable energy. Oxfam warns that the lack of traceable spending could undermine trust in global climate finance efforts at this critical juncture.

    “Climate finance is scarce, and yes, we know it’s hard to deliver. But not tracking how or where the money actually gets spent? That’s not just some bureaucratic oversight —it’s a fundamental breach of trust that risks derailing the progress we need to make at COP this year. The Bank needs to act like our future depends on tackling the climate crisis, because it does,” said Donald.

    Oxfam’s investigation revealed that obtaining even basic information on how the World Bank is using climate finance was painstaking and difficult.

    “We had to sift through layers of complex and incomplete reports, and even then, the data was full of gaps and inconsistencies. The fact that this information is so hard to access and understand is alarming —it shouldn’t take a team of professional researchers to figure out how billions of dollars meant for climate action are being spent. This should be transparent and accessible to everyone, most importantly communities who are meant to benefit from climate finance,” said Donald.
     

    MIL OSI NGO –

  • MIL-OSI NGOs: IKEA Foundation supports MSF in Sudan crisis scale-up

    Source: Médecins Sans Frontières –

    The war in Sudan, now 550 days in, has triggered one of the most devastating humanitarian crises in decades. According to the UN, one in five people has been displaced, and half of the country’s people face acute food insecurity. Médecins Sans Frontières (MSF), with over 1,000 staff running 15 hospitals, 9 health centres, and mobile clinics in Sudan, is scaling up the response thanks to €35 million from the IKEA Foundation. Despite these efforts, the needs of people remain overwhelming and a collective increase in aid is urgently required.

    “This life-changing gift will allow us to respond to the medical needs, providing access to free health care services, and giving displaced people the opportunity to be treated and live a healthy life,” says Alaa Ahmed, an MSF nurse working in Sudan.

    “The Sudan war is a massive, underreported emergency”, says Stephen Cornish, Director General of MSF’s Operational Centre in Geneva. “We are grateful to the IKEA Foundation and other donors who have stepped up for the people of Sudan. We are determined to deliver more lifesaving treatment for those in need.”

    In response to this escalating crisis, the IKEA Foundation—a long-standing partner of MSF, as part of the Foundation’s focus on underreported emergencies—has committed €35 million to help MSF scale up efforts.

    “This is now one of the largest humanitarian crises in the world,” says Jessica Anderen, CEO of the IKEA Foundation. “We are humbled by the work MSF is doing to support the Sudanese people and encourage other funders to join us in supporting their efforts.”

    “This devastating situation is not getting the attention or funding it deserves. More needs to be done to provide critical support for those impacted,” says Hayley Kornblum, Programme Manager at the IKEA Foundation. “We are so encouraged to see other private sector organisations, like Mastercard Foundation, taking strong action through donations to UNHCR, but much more is required from both government and the private sector.”

    The war in Sudan has displaced over 10 million people within the country and driven nearly three million more to seek refuge in neighbouring countries, such as Chad and South Sudan. Over half of Sudan’s population—around 25.6 million people—are now facing critical levels of food insecurity, according to the UN.

    MSF is scaling up relief and lifesaving activities, focusing on treating severely malnourished children, and addressing the needs of displaced people and refugees. In addition, MSF is providing water and sanitation services, and ensuring the delivery of essential aid in refugee camps, like Adré transit camp in Chad, where MSF teams provide over one million litres of water per day.

    MIL OSI NGO –

  • MIL-OSI Russia: Polytechnic students successfully competed in the financial security Olympiad

    MILES AXLE Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    In October, the final of the international financial security Olympiad was held for the fourth time on the federal territory of Sirius. 550 participants from 36 countries, including students of the Polytechnic University, competed for the title of the best. Every year, the competition brings together more and more participants who are ready to cope with new challenges in the field of financial security. This year, 22,000 people from all over the world took part in the selection stage alone.

    Polytechnic University was represented in the final by three students from the Higher School of Engineering and Economics of IPMEIT and a student from the Higher School of Cybersecurity of IKNK. The students were able not only to test their knowledge, but also to communicate with the professional community and employers, participate in master classes and panel discussions. The participants asked their questions to experts, competed in the ability to conduct financial investigations using the Grafus program, and went on excursions and sports competitions.

    The winners and prize winners of the Olympiad were 38 schoolchildren and 138 students. Among them were students of the Polytechnic University’s Economic Security program: Olga Maklakova, Anna Malets and Egor Reshetin.

    It should be added that the Polytechnic University is an active member of the international network institute in the field of combating money laundering and terrorist financing. The University supports not only the Olympiad, but also the international movement for financial security.

    In addition to students and schoolchildren, IPMEiT teachers participated in the final stage of the Olympiad: Director of the Higher School of Engineering and Economics Dmitry Rodionov, Head of the Economic Security Program Olga Nadezhina, Associate Professor Tatyana Mokeeva. The SPbPU Humanitarian Institute was represented by Associate Professor of the Higher School of International Relations Anna Mokhorova, Associate Professor Alexandra Kobicheva and Assistant of the Higher School of Law and Forensic Science Bella Nyrova. The delegation of schoolchildren from the Northwestern Federal District was accompanied by the manager of the Polytechnic University Applicant Center Evgenia Lyzlova. Evgenia became an expert at the meeting of participants “Class Hour: How to Enter the University of Your Dreams” and spoke about the opportunities of the Polytechnic University.

    Dmitry Rodionov, Olga Nadezhina and Tatyana Mokeeva held an interactive workshop “Digital tools for analyzing public procurement to ensure financial security.” They shared their experience of how digital tools can be used to identify potentially suspicious public procurement, increase the effectiveness of control over them in order to ensure the country’s financial security, and presented a unique methodology for using digital tools to identify unfair practices in public procurement. At a meeting of the council of the international network institute in the field of combating money laundering and terrorist financing, the main issue of which was the development of the international movement for financial security, Olga Nadezhina was awarded an honorary diploma for her personal contribution to the development of the international network institute in the field of AML/CFT.

    Also, within the framework of the Olympiad, an international dictation on financial security was held for the first time. Its co-organizer, along with Rosfinmonitoring, MSI, the Center for Inter-Olympiad Training (FIAN), ARFG, was also Polytechnic. Everyone could test their level of knowledge. Over 17,000 people wrote the dictation in two weeks. The Northwestern Federal District became the most active in terms of the number of participants.

    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://vvv.spbstu.ru/media/nevs/achivments/polytech students-successfully-performed-at-the-olympiad-on-financial-security/

    MIL OSI Russia News –

  • MIL-OSI Economics: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 17, 2024

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 75,000
    Total amount of offers received (in ₹ crore) 40,385
    Amount accepted (in ₹ crore) 40,385
    Cut off Rate (%) 6.49
    Weighted Average Rate (%) 6.49
    Partial Acceptance Percentage of offers received at cut off rate NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/1316

    MIL OSI Economics –

  • MIL-OSI Security: Brevard County Felon Sentenced To More Than 17 Years In Federal Prison For Drug And Firearm Offenses

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    Orlando, Florida – U.S. District Judge Wendy W. Berger has sentenced Shawndell Johnson (32, Melbourne) to 17 years and 7 months in federal prison for distribution of a controlled substance, possession with intent to distribute controlled substances, possession of a firearm and ammunition by a convicted felon, and possession of a firearm in furtherance of a drug trafficking crime. The court also ordered Johnson to forfeit the firearms and ammunition used in the offenses. Johnson entered a guilty plea on June 7, 2024. 

    According to court documents, Johnson twice distributed fentanyl to a confidential source in September 2022. Following his arrest on state fentanyl distribution charges in March 2023, a search of Johnson’s residence uncovered more than 600 grams of fentanyl, over 400 grams of pure methamphetamine, and over 500 grams of cocaine. Additionally, agents located two loaded firearms. At the time of the search, Johnson had previously been convicted of multiple felonies, including murder in the third-degree without design and possession of a firearm by a convicted felon. As a previously convicted felon, Johnson is prohibited from possessing a firearm or ammunition under federal law. 

    This case was investigated by the Drug Enforcement Administration, the Florida Department of Law Enforcement, and the Federal Bureau of Investigation, with assistance from the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Florida Highway Patrol, and the Rockledge Police Department. It was prosecuted by Assistant United States Attorney Megan Testerman.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone.  On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI –

  • MIL-OSI United Kingdom: Grave of lost World War Two soldier located in Italy

    Source: United Kingdom – Executive Government & Departments

    The grave of a Royal Tank Regiment soldier who lost his life in Italy during World War Two has been identified 81 years after his death.

    Padre David Anderson leads the service for Tpr Stobart (Crown Copyright)

    The rededication service for Trooper (Tpr) Frederick Stobart was organised by the MOD’s Joint Casualty and Compassionate Centre (JCCC), also known as the ‘War Detectives’. 

    The service was held at the Commonwealth War Graves Commission’s (CWGC) Bolsena War Cemetery in Italy this afternoon (16 October). 

    Frederick Stobart was born in Sunderland in 1916. He lived with his maternal grandparents for some of his childhood, but no records exist to tell us about his young life or schooling.  

    He joined the Army in 1935, listing his previous occupation as a steel grinder. He served at home, and in India during the years immediately before war broke out in 1939, and then joined the British Expeditionary Force in May 1940. By August 1940 he was in the Middle East, and he remained there until June 1943, when he was sent to take part in the invasion of Italy. He appears to have been captured around Tobruk in North Africa in late June 1943 and to have become a prisoner of the Italians at Camp 54 at Fara in Sabina, in the Lazio region of Italy.   

    In September 1943 when Italy capitulated, many prisoners found themselves without guards and took the opportunity to escape, Stobart was one of these. He travelled north, with fellow escapee, Pte Robert Quinn of the Durham Light Infantry, into the hills where they relied on local people for help. Unfortunately, their freedom was short-lived, and they were recaptured by the Germans within a few days.  According to contemporary reports, both men were shot whilst trying to escape from a transport taking them to a new camp. Quinn was hospitalised but Stobart died.  

    Stobart was buried in a civilian cemetery at Monte Libretto by two German soldiers, a local policeman and four other prisoners. The notes recorded on the grave register show that there were no documents or means of identifying the body, and that the other prisoners burying him did not seem to know him. After the war Stobart’s remains were recovered and moved to the war cemetery at Bolsena where he was buried as an unknown casualty of the 1939 – 45 war, with a date of death in September 1943. 

    Recently an independent researcher submitted evidence to the CWGC hoping to have located the final resting place of Tpr Stobart. The research included excerpts from a Red Cross interview with Stobart’s fellow escapee Pte Quinn which was conducted whilst he was a POW in hospital. Quinn had described the escape and what had happened to his Stobart, without naming him. It was his testimony along with other supporting documents which were crucial in proving this case. The researcher’s evidence was reviewed and extra work conducted by the National Army Museum and  JCCC which concluded that now, 80 years after his death, it is possible to clearly identify where Tpr Stobart is buried. 

    The military party, representatives of the CWGC, and the researcher who submitted the original identification case for Tpr Stobart, stand behind his headstone (Crown Copyright)

    JCCC Caseworker, Alexia Clark, said: 

    It has been a privilege for me to have been involved in restoring Tpr Stobart’s name to him,  and to have organised the service of rededication for him today. I am grateful to the researcher who submitted the original evidence and thus started this process off, and to Tpr Stobart’s military family for attending today to honour his sacrifice. 

    Director for Central and Southern Europe at the CWGC, Geert Bekaert, said:  

    We are honoured to now be able to commemorate, by name, Trooper Stobart. It is a privilege to care for his grave and all those that lie here at Bolsena War Cemetery, in perpetuity.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI: EIB submits SEC Form 18-K/A Amendment n. 8 – EIB Board of Directors approves Ukraine Energy Rescue Plan

    Source: GlobeNewswire (MIL-OSI)

    For immediate release

    17 October 2024

    EIB submits SEC Form 18-K/A Amendment No. 8

    The European Investment Bank (EIB) has submitted its SEC Form 18-K/A Amendment No. 8.

    To view the document, please go to: EDGAR Filing Documents for 0000950157-24-001415 (sec.gov)

    The 18-K/A has also been posted on the EIB website: Amendment to the Annual Report 2023 (Form 18-K/A Amendment No 8) (eib.org)

    ENDS

    The MIL Network –

  • MIL-OSI United Kingdom: Grave of missing World War Two soldier identified in Italy

    Source: United Kingdom – Executive Government & Departments

    The grave of a Scottish soldier who lost his life in Italy during World War Two has been identified and rededicated 80 years after his death.

    A bugler and piper from the Royal Regiment of Scotland at Bolsena War Cemetery (Crown Copyright)

    Today’s service for Private (Pte) George Alister Walker Ewan was organised by the MOD’s Joint Casualty and Compassionate Centre (JCCC), also known as the ‘War Detectives’. 

    The service was held at the Commonwealth War Graves Commission’s (CWGC) Bolsena War Cemetery in Italy. 

    George Alister Walker Ewan was born in Edmonton, Alberta, Canada in 1915 to Scottish parents Thomas Ewan, a farmer, and his wife Christina Walker Alister. George was their second, and youngest child – having a sister called Catherine, who was five years older than him.  

    The family returned to Scotland in the summer of 1916, living initially in Dollar with Thomas’ mother. Sadly, Christina died in 1919 and following this the family were separated for a time with George and Catherine living away from their father.

    George Ewan joined the army in June 1940 and spent two years on home defence duties with a Territorial battalion of the Argyll and Sutherland Highlanders. In late 1941 he was transferred to the 8th Battalion and embarked with them for North Africa in October 1942. He was posted as missing in November 1942 during the second battle of El Alamein but was able to rejoin his battalion a few weeks later.   

    Padre David Anderson leads the service for Pte George Ewan at Bolsena War Cemetery (Crown Copyright)

    Pte Ewan was wounded in an action in the Vaiano area in late June 1944, he was initially posted as missing, but this was later revised to record that he was presumed to have died of his wounds on or soon after 21 June 1944.  He was buried at the civilian cemetery at Castiglione del Largo, possibly by the German army or by local civilians though the records are not clear. Either way, his name was not recorded, and he was listed in the cemetery records as an unknown British soldier.  

    Following the war, his remains were recovered from Castiglione del Largo and moved to the war cemetery at Bolsena, his cap badge showed that he had been a member of the Argyll & Sutherland Highlanders, but no other identifying artefacts were found. 

    Recently an independent researcher submitted evidence to the CWGC hoping to have located the final resting place of Pte Ewan. This research was reviewed, and extra work was conducted by the National Army Museum and the JCCC which concluded that now, 80 years after his death, it was possible to clearly identify where Pte Ewan was buried and notify his family that he had been found. Pte Ewan’s cousins were in attendance at the service. 

    Pte Ewan’s cousins stand at his graveside with members of the military party (Crown Copyright)

    JCCC Caseworker, Alexia Clark, said: 

    I am grateful to the researcher who submitted this case. Their work has led us to recognise the final resting place of Pte Ewan, to restore his name to him and to allow his family to honour his sacrifice. It has been a privilege for me to have contributed to this case and to have organised the service for the rededication of Pte Ewan’s grave today. 

     Director for Central and Southern Europe at the CWGC, Geert Bekaert, said:  

    We are grateful to everyone involved in identifying the grave of this brave soldier, who died 80 years ago today. It is our duty – and privilege – to care for the grave of Private Ewan, in perpetuity.

    Updates to this page

    Published 17 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Africa: Cross-examining cybercrime: GITEX GLOBAL 2024 sheds light on the innovation-igniting conundrum challenging industries worldwide

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

    DUBAI, United Arab Emirates, October 17, 2024/APO Group/ —

    • “Cybersecurity Day” marks GITEX GLOBAL’s halfway stage as enlightening agenda reveals the challenges, threats and opportunities for international tech community
    • “AI is changing the game” – H.E. Dr. Mohamed Al Kuwaiti, Head of Cybersecurity for the UAE Government​

    After an action-packed two days where GITEX GLOBAL 2024 (www.GITEX.com) presented exhilarating events and exhibitions across technology’s new frontiers, Wednesday witnessed another incredible programme as audiences examined the existing and future cybersecurity landscapes with the world’s foremost experts. 

    Taking place from 14-18 October at Dubai World Trade Centre (DWTC), GITEX GLOBAL is the world’s largest and best-rated tech event. It presents a record-breaking 44th edition in 2024 – welcoming over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries.

    As GITEX GLOBAL’s biggest-ever international edition reached the halfway stage, “Cybersecurity Day” headlined the Wednesday schedule. An enlightening series of keynote speeches, fireside chats, and specialist panels cast a unique spotlight on the urgent challenges, emerging threats, and innovative opportunities facing individuals, enterprises, industries, and nations worldwide.

    Cross-examining the cybercrime conundrum

    With global cybercrime damaged projected to reach $10.5 trillion annually by 2025, the international tech community is determined to ignite a paradigm shift through reinvigorated determination. This universal attitude was on full display at GITEX GLOBAL as top CISOs, CIOs, and GRC leaders converged with a unified mission: establish the foremost line of defence globally.

    In 2024, finance industry AI-driven fraud has surged by 40%, posing unprecedented challenges for incumbents. One of Wednesday’s must-attend conference sessions – ‘AI-Driven Digital Fraud: Safeguarding the Finance Industry’s Future’ – examined how emerging technologies are being harnessed to overcome the evolving threat.  

    H.E. Dr. Mohamed Al Kuwaiti, Head of Cybersecurity for the UAE Government, revealed that the country has dispelled millions of threats this year alone while endorsing AI as a “gamechanger” in leading the industry’s cyber resurgence. He said to GITEX Tech Waves Podcast (https://apo-opa.co/3Y8w33V): “Cyber awareness is crucial – and AI is changing the game. The UAE is a financial hub that faced 71 million attacks in Q1 2024. We are resilient and thwarted these with early threat detection through AI. It’s a hugely beneficial technology alongside our great partnerships with the world.”

    Todd Conklin also weighed in on the positive impact of AI. While acknowledging the potential repercussions of AI’s power when utilised by malicious actors, the Chief AI Officer & Deputy Assistant Secretary, Cybersecurity & Critical Infrastructure Protection at the US Department of the Treasury, added: “The US Treasury runs the largest payments ecosystem in the entire world. We’ve leveraged AI models to reduce fraud by almost $600 million in the last six months. It’s becoming increasingly critical in the counter-fraud space.”

    Unveiling a new world of limitless possibilities and potential

    In a week where 88% of exhibiting startups are GITEX GLOBAL debutants and no fewer than 230 new partnerships have been finalised between local, regional, and international entities and enterprises, the event is again fulfilling its pledge as a global cooperation and collaboration catalyst. Heading into Wednesday, over 13,000 pre-arranged concierge meetings had already taken place across GITEX GLOBAL and Expand North Star – the world’s largest startup and investment event – with many more a certainty as companies exhibit transformative solutions that could change the world.

    Huawei shed light on its critical infrastructure and cloud tech solutions with Dr. Aloysius Cheang, Chief Security Officer for the Middle East & Central Asia at Huawei, revealing the staggering rate of cyber attacks worldwide. While calling on enterprises to ensure stringent security postures, he said: “Huawei is attacked 12 billion times a day on average. This is why cybersecurity is positioned as a very strategic asset within our company. Organisations must build a cybersecurity culture through a security-first, privacy-first approach – and their solutions must serve their purpose of protecting digital assets.”

    Cybersecurity and anti-virus provider Kaspersky also showcased its pioneering Cyber Immunity approach and advanced threat intelligence solutions on Wednesday as US cyber firm Fortinet highlighted products and services part of its cybersecurity platform portfolio. solutions by stc also introduced visitors to the emerging technologies utilised to deliver new value to customers.

    Elsewhere on day three at GITEX Global 2024, a host of activations, showcases, and conferences took place at GITEX Cyber Valley (https://apo-opa.co/4eDbPq1), this year’s most anticipated cybersecurity exhibition and programme hosted by the UAE Cyber Security Council. An unmissable session saw audiences hear from Brett Johnson – once America’s Most Wanted, now a leading global cybercrime and identity theft expert. During ‘Scamming the scammer: Inside the Mind of a Cybercriminal’, he revealed the extent of the virtual underworld while sharing his life story.

    Live Hacks also headlined the GITEX Cyber Valley’s Dark Stage as ethical hackers showcased live demonstrations on AI-powered hacks. Visitors also got exclusive insights from Santiago Lopez, the world’s first million-dollar hacker, on how to turn hacking skills into a lucrative career during another special session – ‘Face to Face with 1# Million Dollar Hacker: Who wants to be a hacking millionaire?’.

    What next at GITEX GLOBAL 2024?

    GITEX GLOBAL 2024 continues Thursday as “Data Centres Universe” welcomes an ensemble cast of thought leaders and experts to discuss the future of data management and infrastructure. Sessions throughout the day’s schedule will explore the latest data technology and sustainable energy solutions alongside data centres’ pivotal role in supporting the exponential growth of digital services.

    Future Mobility (https://apo-opa.co/3Yctvlv) will explore the shifting paradigms of the global auto tech industry with the World Future Economy Digital Leaders Summit (https://apo-opa.co/3YcBoai) and Global DevSlam (https://GlobalDevSlam.com) among the many day four highlights.

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

    MIL OSI Africa –

  • MIL-OSI Africa: Egypt-Ethiopia hostilities are playing out in the Horn – the risk of new proxy wars is high

    Source: The Conversation – Africa – By Endalcachew Bayeh, Lecturer and Researcher, Bahir Dar University

    Egypt recently deepened its involvement in the war-weary Horn of Africa by arming Somalia and deploying its troops in the embattled country. To Ethiopia’s growing alarm, Egypt is also set to join the multinational force supporting the Somali army against the jihadist threat by al-Shabaab. Egypt’s potentially destabilising presence in the region is seen a direct consequence of Ethiopia’s port agreement with breakaway Somaliland, which Somalia took as a direct affront. Endalcachew Bayeh, a political scholar with a focus on the Horn of Africa, sets out the risks and the path to de-escalation.

    What do we know about Egypt’s entry into Somalia and the theatre of conflict in the Horn?

    Egypt’s arrival in the Horn of Africa can be traced back to Ethiopia’s quest for a dedicated port under its control. Ethiopia is the world’s largest landlocked country by population and has relied exclusively on the port of Djibouti since the outbreak of the Ethiopia-Eritrea war (1998-2000).

    Ethiopia has been exploring alternative access points. This led to the announcement on 1 January 2024 that it had struck a port deal with Somaliland. Ethiopia agreed to recognise the breakaway republic in exchange for a naval base on Somaliland’s coast.

    The announcement sparked a diplomatic rift with Somalia, which viewed the deal as a violation of its sovereignty and territorial integrity. Somalia still considers self-declared Somaliland part of its territory.

    Amid the turmoil, Somalia courted Egypt as a regional patron to counter Ethiopia. This aligned well with Egypt’s increasing interest in finding a military partner along Ethiopia’s border.

    Egypt is a longstanding rival of Ethiopia. Recently, it threatened to go to war over Ethiopia’s massive Grand Ethiopian Renaissance Dam, which it sees as a threat to its survival.

    Egypt deployed military forces in Somalia following its defence deal with Mogadishu in August 2024. It also plans to deploy 5,000 soldiers as part of the African Union Support and Stabilisation Mission in Somalia. The mission is set to replace the African Union Transition Mission in Somalia, in which Ethiopia is a main player.

    Ethiopia’s agreement to recognise Somaliland and the friction with Somalia have brought its old enemy, Egypt, to its doorstep.

    How have Egypt-Ethiopia hostilities added to regional tensions?

    Soon after Egypt’s deployment in Somalia, Ethiopia formalised its recognition of Somaliland. It also sent an ambassador to the capital, Hargeisa. This made it the first nation to officially acknowledge Somaliland’s independence. The two are also rushing to turn their memorandum of understanding into a binding bilateral treaty.

    Somaliland ordered the closure of the Egyptian Cultural Library in Hargeisa.

    Eritrea, for a time a key ally of Ethiopia’s Abiy Ahmed in the fight against the Tigray People’s Liberation Front, is now at odds with Addis Ababa. And, in response to the recent tensions in the region, Eritrea is strengthening its ties with Egypt and Somalia. A recent meeting of the three has created a united front against Ethiopia.

    In Somalia, Ethiopia plays a stabilising role. Somalia now demands that Ethiopia should end its involvement. That could open the way for militant groups and keep Somalia unstable. This is even more likely to happen if Egypt focuses on its competition with Ethiopia rather than Somalia’s stability.

    In addition, Somalis have longstanding territorial claims over parts of Ethiopia, Kenya and Djibouti. Instability can create fertile ground for groups like Al-Shabaab, which aims to include these territories in an Islamic state.

    Finally, tensions have risen between Djibouti and Somaliland over the Ethiopia-Somaliland port deal. This is because the agreement will almost certainly be bad for Djibouti’s economy. Djibouti relies heavily on port revenues that are almost entirely generated from Ethiopia.

    What are the risks for the region?

    Ethiopia’s recognition of Somaliland and Egypt’s presence in Somalia come at a time of multiple regional crises. These include the strained Ethiopia-Eritrea relations, the Ethiopia-Sudan dispute over Al-Fashaga border region, and instability in Ethiopia.

    This volatile environment increases the likelihood of proxy wars.

    Key areas to watch are:

    Sudan and Egypt: These two countries align on the Grand Ethiopian Renaissance Dam issue. Egypt has enhanced its security cooperation with Sudan through military support and joint exercises. Although Sudan is in turmoil, the Al-Fashaga dispute with Ethiopia remains a potential flashpoint. Egypt may take advantage of this dispute and its support for the Sudanese Armed Forces against the Rapid Support Forces to further its interests.

    Instability in Ethiopia: In several regions, the government is engaged in active conflict with non-state forces. This instability creates fertile ground for Egypt to potentially support proxies against the Ethiopian government. Egypt and Somalia have already expressed the possibility of using proxy forces.

    Egypt’s main motivation for intervening in the region is to control the Nile’s source or hinder Ethiopia’s use of the water. As a result, Ethiopia perceives Egypt’s presence at its doorstep as a direct security threat. This increases tensions between Egypt, Somalia and Ethiopia.

    Any further destabilisation of Ethiopia would disrupt the entire region, as it shares porous borders with almost all countries in the Horn.

    What are the potential avenues for de-escalation?

    A promising pathway for reducing tensions in Somalia and the broader region is for the two regional powers to reconsider their strategies and exercise restraint.

    Ethiopia can access the sea through Somaliland without formal recognition. This could ease tensions and would not encourage separatist movements.

    For Egypt, a more constructive approach would be to limit its direct involvement in the Horn of Africa. Instead, it should address its concerns about the Ethiopian mega-dam through the United Nations, the African Union and other platforms. Historically, its unilateral actions have often been sources of tensions rather than solutions in the region.

    The African Union and the Intergovernmental Authority on Development must ensure that the regional states themselves address regional issues. States must make wise decisions now to calm tensions, as no state will be spared from the spillover effects.

    – Egypt-Ethiopia hostilities are playing out in the Horn – the risk of new proxy wars is high
    – https://theconversation.com/egypt-ethiopia-hostilities-are-playing-out-in-the-horn-the-risk-of-new-proxy-wars-is-high-241402

    MIL OSI Africa –