Category: KB

  • MIL-OSI: WOO Innovation Hub and SphereX Partner to Elevate Meme-Driven Decentralized Trading

    Source: GlobeNewswire (MIL-OSI)

    SEYCHELLES, Victoria, Oct. 10, 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 strategic partnership with SphereX, a cutting-edge decentralized exchange (DEX) known for redefining digital asset trading with its meme-focused order-book perpetual exchange. This collaboration aims to bring innovation and excitement to decentralized finance (DeFi) while making advanced trading tools accessible to a wider audience.

    SphereX sets itself apart as one of the first decentralized exchange designed with meme culture at its core, catering to traders who enjoy the fast-paced world of crypto memes while maintaining serious trading functionalities. The platform combines the freedom of DeFi with an innovative order-book perpetual trading model, delivering high-performance, on-chain security and capital efficiency. With off-chain matching for rapid execution and on-chain settlement for secure trades, SphereX provides a fun yet professional environment for DeFi enthusiasts.

    The cooperation between WOO Innovation Hub and SphereX is built on a shared vision to enhance DeFi accessibility and improve capital efficiency across chains. SphereX’s multi-chain launch marks just the beginning, with plans to expand its reach to even more blockchain networks, driving innovation and inclusivity in the DeFi landscape.

    Abby Huang, WOO Innovation Hub Lead, said: “SphereX’s unique approach to combining the viral excitement of meme culture with professional-grade decentralized trading is something we’re excited to support. This collaboration allows WOO Innovation Hub to foster even more creativity in the DeFi space, while SphereX’s meme-driven order-book model adds a fresh layer of engagement and entertainment for our users.”

    SphereX stands out by addressing key issues in the current DeFi landscape, such as fragmentation and centralization, while making trading fun and engaging. Their order-book perpetual exchange, designed for meme traders, allows users to access cross-margin trading and enjoy seamless trade execution through off-chain matching. By adding an element of humor and creativity to high-stakes trading, SphereX creates a trading environment that is both inclusive and enjoyable.

    Kai, SphereX CEO stated: “Collaborating with WOO Innovation Hub is a major milestone for SphereX as we continue to expand our vision of making decentralized trading not only fun and fast but also highly scalable. With WOO’s extensive ecosystem and their unwavering commitment to innovation, we’re excited to collaborate in reaching new audiences and transforming the way people engage with DeFi.”

    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 SphereX
    SphereX is a cutting-edge decentralized exchange (DEX) designed to make crypto trading accessible, secure, and user-friendly for everyone. By prioritizing decentralization, SphereX ensures that users have full control over their assets, with transparent and low-cost transactions. Committed to fostering a welcoming and inclusive community, SphereX embodies the spirit of Robin Hood, providing financial opportunities for all, especially those new to crypto trading or with limited resources. Join the SphereX community today and experience the future of decentralized finance.

    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 SphereX 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 SphereX. 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 SphereX, or any of their business partners.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f8cfa220-ad9d-4556-9ca9-beea094ae3d7

    The MIL Network

  • MIL-OSI Australia: Resumption of live rock lobster trade with China

    Source: Australian Government – Minister of Foreign Affairs

    The Albanese Labor Government has agreed a timetable with China for the full resumption of Australian live rock lobster exports by the end of the year.

    This will save the jobs of 3,000 Australians employed in the industry, 2,000 of which are in Western Australia.

    The agreement to a timetable for the re-entry of live rock lobster was made during a meeting between Prime Minister Albanese and China’s Premier Li Qiang today on the sidelines of the ASEAN Summit in Vientiane, Laos.

    This outcome is another step towards stabilising the bilateral relationship between China and Australia. This is positive news for the lobster industry and for Chinese consumers, who will have access to high-quality Australian rock lobsters in time for Lunar New Year.  

    Since 2020, Australian rock lobsters have been effectively prevented from entering China’s market, which was worth over $700 million in 2019.

    We acknowledge the Australian rock lobster industry for their resilience during a challenging period.

    The Albanese Government has seen progress on the removal of trade impediments for wine, barley, coal, cotton, timber logs, copper ores and concentrates; and some meat establishments – almost $20 billion worth of Australian exports.

    With our patient, calibrated, and deliberate approach, we are restoring Australian trade with our largest export market.

    The Albanese Government will continue with its calm and consistent approach to the China relationship – where we cooperate where we can, disagree where we must, and engage in the national interest.

    Quotes attributable to Prime Minister Anthony Albanese:

    “Resolution of trade impediments is at the top of our Government’s agenda. The reinstatement in normalised trade for all commodities is front and centre of the Government’s engagement strategy with China.

    “It is in the interests of both our countries to continue this path of stabilising our relationship. A resumption in trade for all Australian commodities is an important part of this process.

    “Having dialogue helps us navigate our differences and build upon areas where we can cooperate – without compromising on any Australian interests.”

    Quotes attributable to Foreign Minister Penny Wong:

    “The Albanese Government’s approach to China has been patient, calibrated and deliberate – and our approach has paid dividends for Australians and for the national interest.

    “We continue to urge Australian businesses to diversify to grow value for their companies and for their country.

    Quotes attributable to Trade and Tourism Minister Don Farrell:

    “This is a great outcome for the Australian lobster industry and for Chinese consumers.

    “The Albanese Government is delivering for Australian farmers, miners, businesses and workers.

    “I encourage businesses to continue to take advantage of new trade diversification opportunities created by this Government.”

    Quotes attributable to Minister for Agriculture, Fisheries and Forestry, Julie Collins:

    “This agreement on a timetable with China for the full resumption of trade by the end of the year is a significant step forward for Australia’s rock lobster industry and will deliver job security for fishing communities in regional areas.

    “The resumption of full Australian rock lobster exports to China is expected to have a trade potential of over $700 million.”

    MIL OSI News

  • MIL-OSI: HSBC Continental Europe: Post Stabilisation Notice

    Source: GlobeNewswire (MIL-OSI)

    PARIS, Oct. 10, 2024 (GLOBE NEWSWIRE) —

    Bankinter S.A.

     Post Stabilisation Notice

    HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Issuer: Bankinter S.A.
    Guarantor (if any): na
    Aggregate nominal amount: EUR 750,000,000              
    Description: 3.5% due 10th September 2032       
    Offer price: 99.670                                
    Stabilising Manager: HSBC Continental Europe
     

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit http://www.rns.com.

    The MIL Network

  • MIL-OSI: 21Shares Grows its European Crypto ETP Lineup with the Launch of Future of Crypto Index ETP (FUTR)

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, 10 October 2024 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange traded products (ETPs), today announced the launch of the 21Shares Future of Crypto Index ETP (FUTR) on Euronext Paris and Euronext Amsterdam. FUTR represents the latest addition to its growing European product lineup, representing the firm’s 44th crypto ETP, its 10th crypto basket ETP, and its first-ever crypto megatheme ETP.

    Exchange Product Name Ticker ISIN Fee
    Euronext Paris 21Shares Future of Crypto Index ETP FUTR FP CH1382892102 1.49%
    Euronext Amsterdam 21Shares Future of Crypto Index ETP FUTR NA CH1382892102 1.49%

    “Global excitement, demand and momentum for crypto is undeniable. And 21Shares has been at the forefront of increasing global access to the crypto asset class since inception in 2018 – offering investors a six-year track record of developing, launching and managing crypto ETPs,” said Hany Rashwan, Co-Founder and CEO of 21Shares. “As 21Shares’ first-ever crypto megatheme ETP, FUTR represents the next evolution of the firm’s European product lineup and a potential opportunity for investors looking for the next step after allocating to Bitcoin (BTC) and Ethereum (ETH).”

    Rashwan continued: “With the launch of FUTR, 21Shares is thrilled to leverage the firm’s world-class product development and research capabilities to bring investors access to a future-oriented, broad-based index offering easy exposure to the most promising sectors of the crypto ecosystem.”

    FUTR provides investors with comprehensive exposure to the top sectors and themes anticipated to drive the future growth of the crypto market. By tracking a broad-based index that covers over 80% of the market, the ETP offers exposure to six key megathemes expected to drive long-term growth in the crypto market:

    1. Payment Platforms: Payment platforms are blockchains or protocols specialized in transferring value.
    2. Smart Contract Platforms: A smart contract platform is a base blockchain with built-in general-purpose programmability that allows developers to write smart contracts and launch decentralized applications (dApps).
    3. Blockchain Accelerators: A blockchain accelerator is a separate blockchain that helps augment the network capacity of a settlement blockchain by orders of magnitude while inheriting the security guarantees of the latter.
    4. Decentralized Finance (DeFi): Decentralized finance is internet-native financial infrastructure that does not rely on a centralized institution such as a bank, broker, or similar intermediaries.
    5. AI and Data Solutions: This refers to platforms that leverage artificial intelligence and data technologies to enhance various aspects of crypto ecosystems.
    6. Social and Gaming: This refers to an overlaying sector between blockchain, crypto, and the gaming industries, along with social elements that enhance player interactions and community building.

    FUTR takes a market-capitalization weighted approach, with leading assets from each of these six megathemes. In addition, FUTR offers dynamic allocation, a strategy that evolves with the market to provide alignment with emerging trends and opportunities. Further, FUTR excludes meme tokens, privacy tokens and assets below a $2M liquidity threshold, focusing on quality investments. FUTR is 100% physically backed by the underlying assets stored securely in cold storage by an institutional-grade custodian, offering enhanced protection.

    21Shares worked with MarketVector Indexes as the index provider for FUTR. MarketVector Indexes brings deep market knowledge in crypto indices to the digital assets landscape.

    “The 21Shares Future of Crypto Index provides a dynamic framework for tracking key sectors driving the next phase of crypto growth. We’re excited to partner with 21Shares on this forward-thinking, innovative product”, said Steven Schoenfeld, CEO of MarketVector Indexes.

    The launch of FUTR also represents an expansion of 21Shares’ collaboration with Flow Traders, who will act as the market maker for the product.

    “This is another step forward in supporting the broader adoption of digital assets, and we are thrilled to continue to expand our role in being the leading liquidity provider in the crypto ETP space as well as our partnership with 21Shares,” said Michael Lie, Global Head of Digital Assets at Flow Traders. “Innovative products like FUTR with diversified exposure to key themes in crypto, much like sector ETFs in TradFi, are going to be essential in expanding the full reach of digital assets and its value to financial markets. In our role, we will continue supporting innovative products and driving the convergence of TradFi and crypto.”

    For more details about the 21Shares Future of Crypto Index ETP, including the factsheet, please click here.

    Press Contact

    Audrey Belloff, Head of Global Communications, audrey.belloff@21.co

    About 21.co / 21Shares

    21.co is the world’s leader in providing access to crypto through simple and easy to use products. 21.co is the parent company of 21Shares, one of the world’s largest issuers of crypto exchange traded products (ETPs) – which is powered by Onyx, a proprietary technology platform used to issue and operate cryptocurrency ETPs for 21Shares and third parties. The company was founded in 2018 by Hany Rashwan and Ophelia Snyder. 21Shares is registered in Zurich, Switzerland with offices in Zurich, London and New York. For more information, please visit 21Shares.

    About MarketVector Indexes – http://www.marketvector.com

    MarketVector IndexesTM (“MarketVector”) is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVectorTM, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 50 billion in assets under management.

    About Flow Traders

    Flow Traders is a leading multi-asset market maker founded more than twenty years ago, the firm expanded into digital assets trading in 2017, focusing on centralized exchanges before expanding its operations to include over-the-counter trading, options trading and decentralized finance. Additionally, Flow Traders strategically invests in builders and teams driving the convergence of centralized and decentralized finance.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under http://www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI Banking: Maritime crime and piracy incidents lowest since 1994, but threats to crews remain  

    Source: International Chamber of Commerce

    Headline: Maritime crime and piracy incidents lowest since 1994, but threats to crews remain  

    IMB reported 79 incidents for the period of January-September 2024, down from 99 incidents in the same period last year. This marks a significant overall reduction and the lowest reported numbers since 1994. 

    From January to September, 62 vessels were boarded, six were hijacked while nine faced attempted attacks and two were fired upon. In 86% of incidents, perpetrators successfully gained access to the vessel with most incidents occurring at night.  

    Violence towards crew members remains concerning, with 111 crew taken hostage, 11 kidnapped and three threatened. Perpetrators were armed with weapons, guns, and knives in 45 of the reported incidents.  

    IMB Director Michael Howlett said:  

    “With reported incidents at their lowest since 1994, the decline in reported piracy and armed robbery incidents is encouraging. This is an important time to reinforce our message not to be complacent, and for vessel owners and operators to adhere to IMB guidelines. We commend governments and law enforcement for their excellent work, which has made this improvement possible.” 

    Escalating violence in the Indonesian Archipelago 

    The Indonesian Archipelago remains an area of concern with a steady rise in the number of reported incidents. From January to September 2024, 17 incidents were reported compared to 12 in 2023 and nine in 2022. Weapons were reported in 11 incidents, 27 crew were taken hostage and one crew was threatened. Two hijackings were reported in February and September in nearly the same location South of Tanjung Malatayur, Central Kalimantan where oil cargoes were stolen from barges under tow. IMB calls upon local authorities to increase their on-water presence to act as a deterrent to these crimes.   

    Fewer incidents in Gulf of Guinea, Somalia and Singapore Straits  

    In the first nine months of 2024, 12 incidents were reported in the Gulf of Guinea region, the lowest number of reports since 1996. While the drop in the number of reported incidents is welcome, there remains concern over the safety of crew, with 11 crew kidnapped and 21 taken hostage. 

    Eight incidents have been reported in the waters off Somalia and the Gulf of Aden, with three hijacked vessels and two fired upon. IMB has not received reports of any maritime piracy incidents from vessels transiting these waters between July and September, possibly due to the prevalence of monsoons. 

    Incidents in the Singapore Straits have dropped to 23, compared to 33 over the same period last year. Perpetrators were successful in boarding the vessels in 96% of the cases. Considering the navigational challenges of these waters, IMB warns that even low-level opportunistic incidents on board such large vessels could potentially increase the risk to navigation.  

    IMB urges vessels to continue adhering to the latest Best Management Practices to ensure safety of crew, vessel and cargo.  

    IMB commends local authorities for investigating reported incidents and renews calls for accurate and timely reporting of maritime incidents. 

    The IMB Piracy Reporting Centre  

    Founded in 1991, the IMB Piracy Reporting Centre serves as a crucial, 24-hour point of contact to report crimes of piracy and lend support to ships under threat. Quick reactions and a focus on coordinating with response agencies, sending out warning broadcasts and email alerts to ships have all helped bolster security on the high seas. The data gathered by the Centre also provides key insights on the nature and state of modern piracy. 

    IMB encourages all shipmasters and owners to report all actual, attempted and suspected global piracy and armed robbery incidents to the Piracy Reporting Centre as a vital first step to ensuring adequate resources are allocated by authorities to tackle maritime piracy.    

    Download a copy of the January to September 2024 Piracy and Armed Robbery Against Ships report  here.  

    MIL OSI Global Banks

  • MIL-OSI Security: COMLOG WESTPAC Attends SAMA SAMA 2024 Reception [Image 1 of 3]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    SUBIC BAY, Philippines (October 8, 2024) Rear Adm. Todd Cimicata, Commander, Logistics Group Western Pacific/Task Force 73 (COMLOG WESTPAC), center, arrives at a U.S. hosted reception aboard Arleigh Burke-class guided-missile destroyer USS Howard (DDG 83) during Sama Sama 2024, Oct. 8, 2024. Sama Sama is a bilateral exercise hosted by the Philippines and the United States, with participants from Australia, Canada, France and Japan, designed to promote regional security, cooperation, maintain and strengthen maritime partnerships, and enhance maritime interoperability. (U.S. Navy photo by Mass Communication Specialist 3rd Class Alexandria Esteban)

    Date Taken: 10.07.2024
    Date Posted: 10.10.2024 03:09
    Photo ID: 8689208
    VIRIN: 241008-N-CV021-1125
    Resolution: 1429×953
    Size: 216.71 KB
    Location: PH

    Web Views: 0
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-OSI Security: COMLOG WESTPAC Attends SAMA SAMA 2024 Reception, October 8, 2024 [Image 2 of 3]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    SUBIC BAY, Philippines (October 8, 2024) Philippine Navy Capt. Zosimo M Bolaños Jr., officer in charge of the exercise for Naval Forces Northern Luzon, provides remarks at a U.S. hosted reception aboard the Arleigh Burke-class guided-missile destroyer USS Howard (DDG 83) during Sama Sama 2024, Oct. 8, 2024. Sama Sama is a bilateral exercise hosted by the Philippines and United States, with participants from Australia, Canada, France, and Japan, designed to promote regional security cooperation, maintain and strengthen maritime partnerships, and enhance maritime interoperability. (U.S. Navy photo by Mass Communication Specialist 2nd Class Ange Olivier Clement)

    Date Taken: 10.07.2024
    Date Posted: 10.10.2024 03:09
    Photo ID: 8689225
    VIRIN: 241008-N-DM318-1042
    Resolution: 1430×1021
    Size: 210.06 KB
    Location: PH

    Web Views: 0
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-OSI Economics: The 27th ASEAN-Japan Summit discusses progress of partnership

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, participated in the 27th ASEAN-Japan Summit, which was held in Vientiane earlier today, and attended by the ASEAN Leaders or their representatives and the Prime Minister of Japan. Timor-Leste attended as Observer.

    The Summit reaffirmed both sides’ commitment to further advancing the ASEAN-Japan Comprehensive Strategic Partnership (CSP) established last year, and discussed future direction of the relations based on mutual trust, respect, benefit, win-win cooperation and equal partnership.

    The post The 27th ASEAN-Japan Summit discusses progress of partnership appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Translation: Extraordinary Meeting of the Council of Ministers on October 10, 2024

    MIL OSI Translation. Timor-Leste Portuguese to English –

    Presidency of the Council of Ministers

    Spokesperson for the Government of Timor-Leste
    ……………………………………………. ……………………………………………. …………………….

    Press release

    Extraordinary Meeting of the Council of Ministers on October 10, 2024

    The Council of Ministers met at the Government Palace in Dili and approved the Government Resolution project, presented by the Deputy Prime Minister, Coordinating Minister for Social Affairs and Minister for Rural Development and Community Housing, Mariano Assanami Sabino, and by the Executive Director of the Mission Unit to Combat ‘Stunting’, Joel Maria Pereira, which approves the National Multisectoral Annual Plan to Combat ‘Stunting’ for the period 2024 to 2030.

    The National Multisectoral Annual Plan to Combat Stunting for the period 2024 to 2030 has as its main objective to provide a framework for coordinated and multisectoral action to combat stunting. Among the main goals are to increase the rate of exclusive breastfeeding, improve children’s diets and reduce the stunting rate from 47% to less than 25% by 2030. The plan also aims to reduce anemia rates in children and women of reproductive age, as well as improve the coordination of nutrition programs and promote social behavior changes to improve nutritional health.

    The implementation of the plan will be led by the Mission Unit for Combating Stunting, in collaboration with several ministries and development partners. The process will be subject to continuous monitoring to ensure its effectiveness, with the aim of creating a sustainable and resilient environment that promotes improved nutrition and well-being of the Timorese population.

    *****

    The draft Decree-Law, also presented by the Deputy Prime Minister, Mariano Assanami Sabino, referring to the Community Housing Program, was also approved.

    The programme aims to ensure the right to housing as a condition for the integrated and sustainable development of the community, through the planning and construction of housing and the corresponding complementary infrastructure and collective equipment, intended to be allocated to beneficiaries, in accordance with established criteria, as well as subsequent ongoing community support for maintenance and access to services. The implementation of the programme will be led by the Ministry of Rural Development and Community Housing, in conjunction with local administrations and with the active participation of communities. Housing is allocated to beneficiaries according to their financial capacity, and is classified under one of the following schemes: commercial, subsidised, community or social. Under the commercial scheme, the beneficiary pays a consideration defined by market conditions. Under the subsidised scheme, the amount to be paid is adjusted to be more affordable in light of market conditions. Under the community scheme, the allocation of housing is free of charge at an initial stage, with a set amount to be paid after that period. Under the social scheme, housing is allocated free of charge.

    *****

    The Council of Ministers assessed the preliminary report on the expenses of activities related to the visit of His Holiness Pope Francis, presented by the Minister of State Administration, Tomás do Rosário Cabral.

    At its meeting on 28 February 2024, the Council of Ministers authorized expenditure of up to USD 12 million for the Coordinating Committee for the Organization of the Visit of His Holiness Pope Francis, which took place from 9 to 11 September 2024. Of this amount, USD 9,978,658.12 was spent, resulting in a positive balance of USD 2,021,341.12, which will be returned to the State coffers.

    The Timorese Episcopal Conference (CET), through the Church Coordinating Commission team, will hold an internal evaluation meeting on November 23, 2024 and the Joint Commission, composed of the Government, the Church team and the representative of the Holy See in Timor-Leste, will conclude the activities on December 21, 2024, when the representative of the Holy See and the local Church will transmit an official message from the Vatican.

    *****

    Finally, the Council of Ministers also decided to approve the theme “Proud of our identity and culture, we build a future of freedom, justice and hope for our People” for the celebrations of the 49th anniversary of the Proclamation of Independence of the Democratic Republic of Timor-Leste, which will be celebrated on 28 November, and whose main celebrations will take place in Oe-Cusse Ambeno. END

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Economics: Record-high direct investments abroad

    Source: Danmarks Nationalbank

    The value of investments in Europe will make up 60 percent of total outward investments in 2023. This is a smaller share than 5 years ago, as Danish companies have invested heavily in the USA and Asia in recent years. The value of Danish investments in the USA was kr. 274 billion in 2023, which is almost twice the amount of 2018. The USA is the largest investment country, followed by Great Britain, Germany and Sweden.

    The USA is the largest investor country in Denmark

    Foreign direct investments in Denmark often pass through one or more transit countries before they reach Denmark. This is due, among other things, to complicated ownership structures, where investments from the country of origin are made via holding companies, often based in transit countries such as Luxembourg, the Netherlands and Ireland.

    The complexity of the global organization of companies can make it difficult to identify where economic activity takes place and which countries ultimately bear the risk and get the return on the investment. Therefore, the investments are also compiled based on the ultimate investor country, where there is look through of ownership structures and the country from which the investments are controlled is identified. Based on this approach the USA is clearly the country that ultimately invests the most in Denmark, but Sweden and Great Britain are also major investor countries. Part of the foreign direct investment in Denmark also comes from Danish companies – known as round tripping. This occurs when Danish companies and foundations invest in Denmark through a foreign subsidiary.

    MIL OSI Economics

  • MIL-OSI Russia: Lectures, master classes and walks: what citizens’ initiatives were helped to be implemented by the “City of Ideas” in the “Yauza” eco-center

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Last summer, the program of events at the Yauza Ecocenter expanded by a third. This became possible thanks to proposals from Muscovites within the framework of the eponymous project on the City of Ideas platform. His goal— development of an innovative environmental education center.

    Most of the initiatives are new directions of open lectures and educational and entertainment events. They will help to form a careful attitude towards the environment in children and adults and draw attention to current environmental issues.

    From idea to implementation

    For example, on June 29, Natalia Shpachuk, a postgraduate student at RANEPA, told users during an online broadcast how nature inspires modern painters. And the idea for the lecture “Nature on the canvases of Russian artists” belongs to Muscovite Nadezhda Tyurina.

    Thanks to Yana Andrievskaya, on June 4, a lecture was held for Ecologist Day with the participation of Elena Lesnevskaya, head of the department for supervision of compliance with environmental protection and nature management laws of the Moscow City Prosecutor’s Office. The audience learned how the department identifies, suppresses and prevents environmental violations.

    In the Chermyanka Park, on the initiative of Svetlana Astashina, regular classes are held where children are taught to recognize different species of animals and plants listed in the Red Book. And on June 29, a master class called “Drawing Nature” was held there, proposed by another participant in the project, Irina Motkina.

    In addition, on June 9, the Garden of the Future Park hosted an eco-festival with master classes and an entertaining and educational program, and on May 16, the Rostokinsky Aqueduct Park gave out seedlings to everyone who wanted them. City residents were able to visit the historical terrain cure, which covers the Rostokino, Bogorodskoye and Sokolniki districts, on June 23 and 30. And on June 20, an eco-walk was held along the Chermyanka River valley in honor of World Flower Day.

    The Ecocenter’s immediate plans

    In total, experts selected 103 ideas within the project — all of them will be taken into account when drawing up the program of events at the eco-center. Thus, in October, lessons about the world around us will be held for preschoolers and primary school students.

    Open lectures on the work of the park’s environmental service specialists are planned for October 19. Visitors will also be told about methods for measuring the ecological footprint and how a person can reduce environmental pollution. Another meeting will be devoted to the importance of preserving rare endemic species of Moscow and the region, and the consequences of their disappearance from the region’s ecosystem.

    On November 23, the eco-center will host a program of events called “Ecological Day for Families,” where participants will be offered to make an eco-feeder, take part in a thematic brain ring, and much more.

    At the beginning of December, visitors will be told about volunteering in the field of ecology and environmental protection, the legal status of organizations and how to become their member.

    Platform “City of Ideas” has been operating since 2014. During this time, more than 500 thousand users have joined it. They share suggestions on how to make life in the capital more comfortable. More than six thousand ideas have already been implemented. They concern electronic services, culture, entrepreneurship, healthcare, education, transport and other important aspects of city life. The project is being developed by the State Institution “New Management Technologies” andThe capital’s Department of Information Technology.

    More than a thousand proposals from Muscovites on the City of Ideas platform have been accepted for implementation this year

    The use of digital technologies and artificial intelligence to improve the quality of life of city residents corresponds to the objectives of the national program “Digital Economy of the Russian Federation” and the regional project of the capital “Digital Public Administration”. More information about this and other national projects implemented in Moscow, You can find out on a special page.

    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/145060073/

    MIL OSI Russia News

  • MIL-OSI: Fashion Brand Sincethen Hosts Brand Day from October 8 to 14

    Source: GlobeNewswire (MIL-OSI)

    SEOUL, KOREA, Oct. 10, 2024 (GLOBE NEWSWIRE) — The fashion brand Sincethen, known for its romantic silhouettes that enhance feminine allure, will hold a Brand Day event from October 8 to 14 on its official online store. This event will feature various benefits and activities, and it is expected to serve as an opportunity to strengthen communication with customers.

    Since its establishment in 2009, Sincethen has consistently introduced unique collections each season, themed around travel and romance. The brand focuses on making everyday life more special for its customers, striving for high-quality silhouettes through the development of sustainable materials and patterns. Throughout this process, Sincethen naturally incorporates its distinctive romantic philosophy into its products.

    The brand’s signature products include its dress line, which stands out for its romantic colors and silhouettes, as well as its collection of dresses that emphasize feminine sensibility. Notably, the tweed two-piece set has become one of Sincethen’s signature items, enjoying continued popularity.

    Recently, Sincethen has gained attention in international markets. After the protagonist of the Korean drama wore Sincethen products, the brand grew in popularity across Southeast Asia. Additionally, K-POP artists have worn Sincethen’s outfits during performances, attracting global fans’ attention.

    A representative from Sincethen stated, “Through this Brand Day event, we aim to connect with more customers and widely promote Sincethen’s romantic collections and the brand value of sustainable romance.”

    Sincethen’s Brand Day will be held from October 8 to 14 on Sincethen’s official online store.

    Media Contact

    Company: Sincethen

    Contact: kim ji-young

    Telephone: 0222696142

    Email: contact@sincethen.com

    Website: http://www.sincethen.com

    SOURCE: Sincethen

    The MIL Network

  • MIL-OSI: Bybit Reports Milestones as bbSOL Concludes First Month on Solana Blockchain

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 10, 2024 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest crypto exchange by trading volume, is proud to announce the successful completion of bbSOL’s first month, marking a milestone in its mission to advance token staking on the Solana blockchain. As the first exchange-backed liquid staking token (LST) on Solana, bbSOL has gained momentum, attracting attention for its marketing strategies and integration across both centralized and decentralized platforms.

    Since its launch, bbSOL has positioned itself as a noticeable figure in the Solana ecosystem due to its position at the intersection of centralized finance (CeFi) and decentralized finance (DeFi). 

    Key Milestones of bbSOL’s First Month:
    Total Value Locked (TVL) Surpasses 85 million: bbSOL has outpaced other exchange-backed staking tokens in TVL, underscoring its appeal to users and highlighting its growing influence within the Solana ecosystem. This surge in TVL reflects the token’s robust adoption and Bybit’s commitment to delivering staking opportunities for its users.
    Expanded Accessibility: bbSOL will be listed on Bybit Spot on 10 Oct 2024, 10AM UTC broadening user access to both trading opportunities and liquidity rewards across multiple ecosystems. By bridging the gap between Bybit’s centralized exchange and the broader DeFi landscape, bbSOL offers a streamlined experience for token holders.
    Strategic Partnerships: In addition to its availability on Bybit Spot, bbSOL has partnered with Jupiter Exchange, Solana’s leading swap aggregator, enhancing liquidity options and making bbSOL more versatile for users looking to trade efficiently within the Solana ecosystem.

    “We are incredibly proud of the community’s enthusiastic response to bbSOL,” said Emily Bao, Head of Spot and Web3 at Bybit. “bbSOL’s success in its first month is a testament to the power of combining Bybit’s global reach with the innovation and agility of decentralized platforms. With its listing, we’re further expanding accessibility and unlocking even more opportunities for our users to trade and benefit from bbSOL. We look forward to building on this momentum and bringing even more partners into the fold as we continue to shape the future of token staking.”

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

    For more details about Bybit, readers can please visit Bybit Press

    For media inquiries, readers can please contact: media@bybit.com

    For more information, readers can please visit: https://www.bybit.com

    For updates, readers can please follow: Bybit’s Communities and Social Media

    Contact

    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    The MIL Network

  • MIL-Evening Report: China removes block on Australian lobster, in last big bilateral trade breakthrough

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

    China has removed the last significant trade barrier it imposed on Australia, with a timetable to resume full lobster imports by the end of the year.

    Anthony Albanese announced the breakthrough after a meeting with Chinese Premier Li Qiang in Vientiane, where the prime minister is attending the ASEAN-Australia summit.

    Albanese said the end of the barrier would be in time for the Chinese New Year. This would be welcomed by those in the lobster trade in places including Geraldton, Western Australia, and in South Australia and Tasmania, he said.

    The lobster decision means the Chinese over the last two years have removed trade barriers of nearly $20 billion slapped on Australia during the time of the former government when relations between the two countries went into a deep freeze. This followed various Australian decisions, including the call for an inquiry into the origins of COVID.

    Remaining impediments are now worth less than $500 million, with two red meat establishments still affected.

    The lobster trade was worth more than $700 million in 2019.

    More than 3000 people are employed in the lobster industry, 2000 of them in WA.

    “The reinstatement in normalised trade for all commodities is front and centre of the Government’s engagement strategy with China,” Albanese said.

    “It is in the interests of both our countries to continue this path of stabilising our relationship. A resumption in trade for all Australian commodities is an important part of this process.”

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

    ref. China removes block on Australian lobster, in last big bilateral trade breakthrough – https://theconversation.com/china-removes-block-on-australian-lobster-in-last-big-bilateral-trade-breakthrough-241012

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: A new boulevard will appear in the Obruchevsky district under the integrated territorial development program

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    During the redevelopment of an inefficiently used territory in the South-West Administrative District, a pedestrian boulevard will be built. This was announced by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “A new green zone will appear in the Obruchevsky district – a landscaped pedestrian space with an area of 0.82 hectares. It will be created as part of the reorganization of an inefficiently used territory with an area of 9.31 hectares under the program of integrated development of territories (IDT). The boulevard will run from Arkhitektora Vlasova Street along Proektiruemy Proezd No. 7515 to Akademika Chelomeya Street. Local residents, as well as employees of institutions located in this area of the city, will get a new place for walking and recreation,” said Vladimir Efimov.

    The KRT program site is located near the Vorontsovskaya station of the Big Circle Line of the metro. According to the project, public and business facilities will be built here.

    “By 2027, administrative and office buildings with a total area of 24.5 thousand square meters with shops, cafes, restaurants and banks will be erected on the site of the wasteland and obsolete buildings. In addition, an educational institution for a thousand school and 275 preschool places will be built, as well as a sports and fitness complex with an area of 9.35 thousand square meters, next to which a new boulevard will be located,” specified the Minister of the Moscow Government, Head of the Department of City Property

    Maxim Gaman.

    The design solutions approved by the Committee for Architecture and Urban Development of the City of Moscow (Moskomarkhitektura), including those under the KRT program, meet the needs of city residents for a comfortable and well-thought-out environment, noted Juliana Knyazhevskaya, chairman of the department. When developing projects, their impact on the appearance of the city, as well as the architectural and functional features of the territory where they are planned to be implemented, are taken into account.

    Earlier Sergei Sobyanin told, that within the framework of 236 integrated territorial development projects, about 1.25 thousand hectares of urban spaces will be improved. New parks, squares, walking areas, sports grounds, bike paths, entertainment and recreation areas will appear in the capital.

    According to the program of integrated development of territories, multifunctional city quarters are being created, where roads, comfortable housing and all necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 236 KRT projects with a total area of more than 3.1 thousand hectares are at various stages of implementation in the capital. Their development is underway on behalf of Mayor of Moscow.

    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/145053073/

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Any climate target change must be matched by accelerated climate action

    Source: Scottish Greens

    Scotland must use every lever available to cut emissions.

    Any change to Scotland’s climate targets must be met by robust plans for accelerated climate action, says Scottish Green co-leader Patrick Harvie.

    Mr Harvie’s comments come ahead of today’s Stage 1 Scottish Government debate on the Climate Change (Emissions Reduction Targets) Bill, which will amend its targets following confirmation from the UK Climate Change Committee that Scotland’s 2030 targets are now out of reach.

    Mr Harvie said:

    “If the Scottish Government is changing its climate targets then it must urgently upscale and accelerate the action it is taking to meet them. Business as usual isn’t good enough, we cannot continue as we are, not if we want to have any kind of liveable future.

    “The reality is that we are years behind where we need to be. The collective failure to hit our targets must be a source of shame for all parties, but it must also be a wake-up call.

    “From rejecting new fossil fuel exploration to meaningfully investing in public transport and active travel to reduce the number of cars on our roads, we need to see bold new thinking and robust plans to get there.

    “The challenge has been made far harder by 14 years of Tory governments who were actively working against our climate, but that does not excuse the failures of successive Scottish Governments.”

    Last month the Scottish Greens published The Climate Reset, a policy paper by the Scottish Green MSP group that called for the Scottish Government to decarbonise transport by removing peak rail fares and diverting funding from its climate wrecking plans to dual the whole A96 into public transport.

    The paper called for a real and urgent transition plan for the energy sector, urging the Scottish Government to maintain its presumption against new oil and gas exploration while rejecting the proposed expansion of the gas-fuelled power station at Peterhead.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Meet the members of the Whiteley health walk

    Source: City of Winchester

    Stephen, Clive and Ian 

    The friendly Whiteley health walk gathers on Wednesdays at 2pm outside Meadowside Leisure Centre and heads off for some fresh air and conversation. Its members say that coming along has helped not only their physical health but their mental health. 

    Clive, who lives in Whiteley, said: “I was pre-diabetic and the doctor put me on an app to encourage me to become more active and do more walking. Then I noticed the wellbeing walk poster and when I realised I lived so close to it, it was really a no-brainer. It has all made a big difference. I have lost two stone and my blood pressure has come down.

    “I love being out and about and meeting people. What’s great with the walk is that you can just come and turn up if you want, which takes a lot of the pressure off. It probably sounds silly but I was surprised that were so many men walking too. It’s enjoyable to chat to different people, and the walk leaders are brilliant.”

    Ian lives in Fareham and joined a few months ago after a health scare: “I spotted the poster about the walk in the doctor’s surgery – it was just what I was looking for and it’s much more enjoyable than I expected as it’s not only the walk, it’s meeting the people too – the other walkers are lovely.

    “I needed short walks as I had a serious blood clot so I needed to get moving, but not go too far. I have gradually expanded how far I walk and it’s been absolutely fantastic. I love talking to so many different personalities and I enjoy it when we go for a coffee together too.” 

    Stephen from Whiteley enjoys the company too: “After I lost my wife four years ago, I needed something to get me out of the house and into the fresh air where there were other people to talk to – I have been coming to this walk now for a couple of years.

    “I am from Lancashire originally and we moved down here in 2017 as two of our daughters live here and the other is in London. I enjoy the walks a lot; I do all three walks in the area every week.”

    Why not give one of the walks a go? We work with Community First on our supported health walks, which take place in Winchester, Bishop’s Waltham, Weeke and Colden Common as well as Whiteley. There’s a new Winnall walk too.

    There’s also a new seated exercise class in Whiteley community centre – pop along on Fridays at 10am (£4 a session).

    Our walks rely on fantastic support from our volunteer walk leaders, and we’re always searching for more people to join the leaders team. If you would like more information please email Calum: cdrummond@winchester.gov.uk

    Thank you to the walk participants for their help and welcome. 

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Update on cluster of Candida auris cases in North Lantau Hospital

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hospital Authority:

         Regarding an earlier announcement on Candida auris carrier cases, the spokesperson for North Lantau Hospital (NLTH) gave the following update today (October 10):
     
         Following a contact tracing investigation, two more patients, males aged 82 and 70 in the emergency medicine ward, were identified as carriers of Candida auris without signs of infection. One patient was discharged earlier, and the other patient was transferred to Princess Margaret Hospital for further isolation treatment and is in stable condition.
     
         The ward concerned has adopted the following enhanced infection control measures:     

    Enhanced patient and environmental screening procedures;
    Applied stringent contact precautions and enhanced hand hygiene of staff and patients; and
    Thorough cleaning and disinfection of the wards concerned.

     
         The hospital has reported the cases to the Hospital Authority Head Office and the Centre for Health Protection for follow-up and will continue to closely monitor the situation.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Two youths arrested over Broadview break-in

    Source: South Australia Police

    Operation Meld is continuing to investigate a break-in at Broadview in July.  Two teenagers have now been arrested.

    Police were called to a home in Beaven Avenue, Broadview after four males wearing balaclavas forced their way inside the address about 11.30pm on Tuesday 23 July.

    The suspects were armed with a firearm and machetes and threatened the four occupants.  There were no reported injuries.

    Following investigations by Operation Meld detectives, a 15-year-old boy from Kilburn was arrested on 30 August and charged with aggravated serious criminal trespass.  He was refused police bail and appeared in the youth court.

    Yesterday, Wednesday 9 October, a second suspect, a 17-year-old boy from Adelaide, was arrested.  He was charged with aggravated serious criminal trespass and firearms offences and appeared in the Adelaide Youth Court today.

    Investigations are continuing to identify and locate the two outstanding suspects.

    Anyone with information that may assist the investigation is asked to contact Crime Stoppers on 1800 333 000 or online at http://www.crimestopperssa.com.au

    CO2400189252

    MIL OSI News

  • MIL-OSI Asia-Pac: Bus parade route revealed

    Source: Hong Kong Information Services

    The Transport Department today announced the route of a bus parade, scheduled for October 19, to celebrate the 75th anniversary of the founding of the People’s Republic of China.

    Starting at around 11am that day, parade buses will depart from Victoria Park in Causeway Bay for Man Kwong Street in Central. They will transit along Gordon Road, King’s Road, Causeway Road, Hennessy Road, Fleming Road and Lung Wo Road.

    The route is about six km long and will take about 30 minutes to complete. Members of the public can observe the parade and take photos at viewing locations such as Hennessy Road near Jardine’s Bazaar in Causeway Bay, Golden Bauhinia Square in Wan Chai, and Central Pier, where the parade ends.

    Police will lead the convoy and may implement traffic and crowd safety measures, depending on conditions.

    In case of adverse weather, the bus parade will be cancelled. The public should watch out for the updates on the department’s website.

    MIL OSI Asia Pacific News

  • MIL-OSI China: ‘Role models’ portrayed in artworks

    Source: China State Council Information Office 3

    In a period of nearly five months earlier this year, members of the teaching faculty of the Central Academy of Fine Arts, in Beijing, visited people who have been recognized as “role models” and “master craftsman” in different trades in Shanghai, and portrayed them in various forms of art.

    Now, these paintings, sculptures, drawings, prints and digital works, some 200 pieces depicting 75 figures, are on show at Shanghai Workers’ Cultural Palace to celebrate the 75th anniversary of the founding of the People’s Republic of China and to pay tribute to these endeavoring at the grassroots, from different walks of life.

    Since 2015, the Central Academy of Fine Arts has been motivating its teachers and students to make portrayals for model workers from various fields, to create an image archive of the figures who have contributed to the country. Figures at the current exhibition include these from the manufacturing industries, science and new technologies such as AI and biotech, the fields of cultural heritage and protection and different sections of the city administration.

    Yu Ding, the exhibition’s curator and dean of CAFA’s Sino-French Institute of Arts and Design Management, in Shanghai, says the event has built a bridge to connect artists and professionals from a wider social spectrum who share responsibilities to empower the country with hard work and hold up high the spirit of devotion.

    The exhibition is organized by the Shanghai Municipal Trade Union Council.

    MIL OSI China News

  • MIL-OSI Australia: Arrests – Drug offences – East Arnhem Land

    Source: Northern Territory Police and Fire Services

    Northern Territory Police have arrested two adult males in relation to drug offences in East Arnhem Land communities yesterday.

    Around 11:20am, remote officers received intelligence of an illegal substance allegedly being stored at a residence in Gapuwiyak and subsequently conducted a search of the property.

    During the search officers located and seized 31 kilos of Kava.

    Police later arrested a 40-year-old man that was not a resident of Gapuwiyak.

    The male was charged with commercial possession of kava, commercial supply of kava, being in an Indigenous Community without a permit and tobacco smuggling offences.

    He is due to appear in the Darwin Local Court on 11 October 2024.

    Further investigations led police to search a property in Ramingining where officers located and seized 3.5 kilos of kava and over $13,600 in cash.

    A 44-year-old male was arrested and charged with Traffickable supply of kava, Supply kava without a licence, and Resist police.

    He has been bailed to appear in court at a later date.

    MIL OSI News

  • MIL-OSI United Kingdom: City marks World Mental Health Day and World Homeless Day

    Source: City of Wolverhampton

    Housing and mental health are often linked. Living in stable, good quality, safe housing is a protective factor for good mental health and wellbeing – but poor mental health can make it harder to cope with housing problems, and being homeless or having problems where you live can make your mental health worse.

    Homelessness, rough sleeping and poor living conditions can also make people feel more isolated and more likely to experience stigma and poorer health.

    A World Homeless Day stall will be in Queen Square from 10am today supported by Wolverhampton BID on behalf of Alternative Giving CIO, P3, Changing Lives, Wolverhampton Homes, Good Shepherd Ministry, The Haven, SUIT and others. 

    John Denley, Wolverhampton’s Director of Public Health, said: “Around a quarter of people in England are likely to experience a mental health problem but, among people experiencing homelessness, and those at risk of homelessness, that number is much higher.

    “As a city, we are committed to supporting people who are homeless, who may risk losing their home, or are otherwise suffering from mental health issues, and – this World Mental Health Day and World Homeless Day – I would encourage people to seek the support they, or their loved ones, may need.”

    Following the Wolverhampton Homeless Health Needs Audit, recognising the barriers that people experiencing homelessness may face in accessing mental health support, homelessness and mental health has been recognised as a key priority for 2024/2025 by the One Wolverhampton Adult Mental Health Strategic Working Group.

    Chair Laura Brookes said: “Poor mental health is both a cause and consequence of homelessness. Drawing on people’s lived experiences to develop a peer support model for mental health and wellbeing in Wolverhampton will enable people experiencing homelessness to access tailored support to build their social and recovery capital.”

    Tom Hayden, Chief Executive Officer of the Good Shepherd Wolverhampton, added: “At the Good Shepherd, we offer a range of services to support people experiencing many complex issues including homelessness and mental health, and, so often, those two will be linked.

    “For example, we run a Breakfast Club where we provide food and drink, a shower and a change of clothes to those who have been rough sleeping, but from there we have been able to help people into accommodation, or to access some of the support groups that we deliver on a weekly basis.

    “These include specific groups to discuss experiences and emotions, meaningful activities including walking, cooking classes and fishing, and our LEAP project, which offers people with lived experience structured volunteering opportunities alongside studying for a diploma.”

    If you are experiencing difficulties with your mental health, housing problems or homelessness, or are worried about the cost of living, please know that you are not alone – and there is a range of support to help you:

    • If you need urgent help with your mental health or you are struggling to cope, call NHS 111 and select option 2 (mental health option) to be connected to your local mental health support team, or text 07860 025 281
    • Your doctor or GP is there to help you with your mental health as well as your physical health
    • Wolverhampton Sanctuary Hub offers out of hours support – book a face to face appointment for by calling freephone 0808 802 2288, texting 07860 065 168 or emailing wolverhamptonsanctuaryhub@rethink.org
    • Wolverhampton NHS Talking Therapies offers psychological therapy for people experiencing common mental health problems including anxiety, depression, stress and low mood
    • Visit Hub of Hope to find local support that’s right for you.

    If you need someone to talk to, contact:

    • SANE – call 0300 304 7000 (4.30pm to 10.30pm)
    • Samaritans – call 116 123 
    • Rethink Mental Illness – call 0300 5000 927 (Monday to Friday, 9.30am to 4pm)
    • Mind – call 0300 123 3393.

    For housing and homelessness advice, visit Homelessness. If you are homeless, or are at risk of becoming homeless very soon, contact Homeless Services on 01902 556789 (option 2) or via homeless.services@wolverhamptonhomes.org.uk.

    Seen someone sleeping rough? Connect them with support by making a referral through StreetLink.

    For information about support services for homeless people see Street Support Wolverhampton.

    Good Shepherd Wolverhampton and P3 offer support programmes for those in crisis and people experiencing homelessness, including help with accessing accommodation.

    Tailored advice for landlords and tenants in the private sector can be found at Rent With Confidence.

    Support with the cost of living support is available through the council at Cost of Living Support and further information can be found on the Government’s Help for Households website.

    If you would like to take action to help, Alternative Giving gathers donations online or through its 16 donation points and two ‘tap to donate’ points around the city centre. 100% of these donations are then directed to organisations and charities that work to provide long term support for the city’s vulnerable and homeless people. Find out more at Wolverhampton Change.

    MIL OSI United Kingdom

  • MIL-OSI Economics: Underwriting Auction for sale of Government Securities for ₹29,000 crore on October 11, 2024

    Source: Reserve Bank of India

    Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 11, 2024.

    As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

    (₹ crore)
    Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
    7.04% GS 2029 14,000 334 334
    7.34% GS 2064 15,000 358 358

    The underwriting auction will be conducted through multiple price-based method on October 11, 2024 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.

    The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/1260

    MIL OSI Economics

  • MIL-OSI Video: European Commission President Ursula von der LEYEN in Chisinau, Moldova

    Source: European Commission (video statements)

    Joint press statements by Maia SANDU, President of Moldova and Ursula von der LEYEN, President of the European Commission

    Watch on the Audiovisual Portal of the European Commission:

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

    Follow us on:
    -Twitter: 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=XR_N4nudUKQ

    MIL OSI Video

  • MIL-OSI Security: Maj. Gen. Daniel Shipley Visits COMLOGWESTPAC, October 9, 2024 [Image 1 of 3]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    SINGAPORE (October 9, 2024) Capt. John-Paul “JP” Tamez, Deputy Commander, Commander, Logistics Group Western Pacific/Task Force 73 (COMLOGWESTPAC/CTF 73), left, greets Maj. Gen. Daniel Shipley, Deputy Commander, U.S. Marine Corps Forces, Pacific, during a scheduled visit to Sembawang Naval Installation (SNI), Oct. 9, 2024. COMLOGWESTPAC supports deployed maritime forces, along with regional Allies and partners, to sustain Western Pacific operations. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 10.09.2024
    Date Posted: 10.10.2024 01:41
    Photo ID: 8689152
    VIRIN: 241009-N-ED646-1003
    Resolution: 5686×4061
    Size: 3.14 MB
    Location: SG

    Web Views: 7
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-OSI Video: Can climate action survive geopolitical upheaval?

    Source: World Economic Forum (video statements)

    Wars, trade tensions and elections around the world are testing humanity’s ability to tackle climate change.

    Two experts from the World Economic Forum’s Global Future Council on the Future of Geopolitics look at the diplomacy and real-world reality of climate change politics and economics, with a particular focus on the global South.

    This episode is published to coincide with the Annual Meeting of the Global Future Councils, find out more here: https://www.weforum.org/events/annual-meeting-of-the-global-future-councils-2024/
    Guests:

    Arun Sharma, senior advisor to the Chairman, Adani Group

    Varun Sivaram, Senior Fellow for Energy and Climate, Council on Foreign Relations
    Co-host:

    Jessica Margolis, Lead, Geopolitical Agenda, World Economic Forum
    Links:

    The World Economic Forum’s network of Global Future Councils: https://www.weforum.org/communities/global-future-councils/ Global Future Council on the Future of Geopolitics: https://www.weforum.org/communities/gfc-on-geopolitics/

    Shaping Cooperation in a Fragmenting World: https://www.weforum.org/publications/shaping-cooperation-in-a-fragmenting-world/
    Related podcasts:

    Why it’s time for the ‘middle powers’ to step up on geopolitics (https://www.weforum.org/podcasts/radio-davos/episodes/gfc-geopolitics-middle-powers/)

    How do we ensure the green transition doesn’t penalise the poorest? (https://www.weforum.org/podcasts/radio-davos/episodes/equitable-transition-climate/)

    Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) :

    YouTube: (https://www.youtube.com/@wef/podcasts) – https://www.youtube.com/@wef/podcasts

    Radio Davos (https://www.weforum.org/podcasts/radio-davos) – subscribe (https://pod.link/1504682164) : https://pod.link/1504682164

    Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) – subscribe (https://pod.link/1534915560) : https://pod.link/1534915560

    Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) – subscribe (https://pod.link/1574956552) : https://pod.link/1574956552

    Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

    https://www.youtube.com/watch?v=ou1rVNtxi4g

    MIL OSI Video

  • MIL-OSI: Cyber A.I. Group and A1 Advisory Announce Strategic Partnership

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and LONDON, Oct. 10, 2024 (GLOBE NEWSWIRE) — Cyber A.I. Group, Inc., an emerging growth Cybersecurity, Artificial Intelligence and IT services company engaged in the acquisition of a broad spectrum of Cybersecurity service providers on an international basis, and A1 Advisory, a London-based advisory firm specializing in advisory and investor relations services for technology-driven companies, today announced they have entered into a definitive agreement to provide strategic advisory services to support Cyber A.I. Group’s future growth initiatives.

    This collaboration marks a pivotal step for Cyber A.I. Group as it seeks to expand its global reach into new markets and sectors. With A1 Advisory’s expertise in identifying, introducing, and securing through their investor relations network investment capital, the partnership will focus on identifying key global relationships to support Cyber A.I. Group’s long-term vision for innovation and market leadership.

    “We are excited to partner with A1 Advisory to take our global outreach to the next level,” said Walter Hughes, CEO of Cyber A.I. Group. “Their deep relationships with investors will be invaluable as we scale our operations and continue to push the boundaries of A.I. and Cybersecurity.”

    A1 Advisory has a strong focus of working with high-growth technology companies and matching them with investors who provide capital and strategic value. The firm will leverage its investor relations network and expertise to assist the capital raise, which can accelerate Cyber A.I. Group’s expansion efforts while supporting the Company’s mission of enhancing Cybersecurity through A.I.-driven solutions.

    “We are excited to collaborate with Cyber A.I. Group, a company that is at the threshold of meteoric growth through the execution of its Buy & Build business model in the Cybersecurity and Artificial Intelligence space,” said Nick Sylvester, Chief Investment Officer of A1 Advisory. “By working together, we aim to introduce through our investor outreach the strategic capital which not only supports accelerated growth but is also aligned with the company’s strategic goals and growth trajectory.”

    A1 has already commenced significant outreach with both firms working closely to identify prospective institutional and retail relationships. This collaboration comes at a time of heightened interest in A.I.-driven technologies, with the global A.I. market projected to grow significantly in the coming years.

    For more information, please visit cyberaigroup.io or a1advisory.io.

    About A1 Advisory

    A1 Advisory is a premier London-based advisory firm that specializes in strategic advisory and investor relations services for technology-driven companies. With a network of top-tier investors and a deep understanding of capital markets, A1 Advisory helps clients accelerate growth and achieve their strategic goals. For more information, please visit: a1advisory.io.

    About Cyber A.I. Group

    Cyber A.I. Group, Inc. is an international company engaged in the acquisition and management of worldwide Cybersecurity and IT services firms. Cyber A.I. is pursuing a highly proactive “Buy & Build” strategy to rapidly expand operations internationally by acquiring a broad spectrum of IT services companies and repositioning them to address fast-growing market needs for Cybersecurity and Artificial Intelligence (A.I.) markets. The Company has developed an active pipeline of 100+ perspective acquisitions which are in various stages of analysis. The Company’s initial target is to acquire multiple companies representing aggregate revenues annualizing $100 million. Cyber A.I.’s business model is focused on the acquisition and consolidation of IT services companies with proven ability in broad conventional technology services with strong cash flow and enhance performance through A.I.-driven Cybersecurity initiatives. This emphasis on conventional companies with strong revenues and EBITDA distinguishes Cyber A.I. from the explosion of A.I. startups that may be pinning their future on a single technological breakthrough which may never materialize. This “Buy &Build” strategy provides Cyber A.I. with the maximum flexibility for diversification and risk management for moving into new fields and addressing fast moving market opportunities. For additional information, please visit: cyberaigroup.io.

    Paris:
    17-21 Rue Saint-Fiacre
    Paris 75002, France

    New York:
    641 Lexington Avenue, 14th Floor,
    New York, NY 10022

    Miami:
    990 Biscayne Blvd., Suite 503
    Miami, FL 33132

    A video accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b084e815-77b5-43c7-9afb-67eed27fe758

    Images accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/3af8503d-d6bf-484f-90de-51532d62ac88
    https://www.globenewswire.com/NewsRoom/AttachmentNg/628144cd-3601-4d7b-ba2c-1b1826b65a33

    The MIL Network

  • MIL-OSI Europe: CIPESS meeting of 9 October 2024

    Source: Government of Italy (English)

    9 Ottobre 2024

    A meeting of the Interministerial Committee for Economic Planning and Sustainable Development (CIPESS) was held today, chaired by Vice-President of the Committee and Minister of Economy and Finance Giancarlo Giorgetti, and with the CIPESS Secretary, Undersecretary of State to the Presidency of the Council of Ministers Alessandro Morelli, in attendance. The meeting approved a number of important measures regarding infrastructure.

    MIL OSI Europe News

  • MIL-OSI Security: NATO Acting Deputy Secretary General to visit Finland

    Source: NATO

    On 10 and 11 October 2024, the NATO Acting Deputy Secretary General, Ambassador Boris Ruge, will travel to Helsinki, Finland.

    On Thursday, Ambassador Ruge will chair an informal meeting of Allied Security Policy Directors.

    On Friday, Acting Deputy Secretary General will meet with high-level Finnish officials, including the President of Finland, Mr Alexander Stubb, the Minister of Foreign Affairs, Ms Elina Valtonen, and the Minister of Defence, Mr Antti Häkkänen.

    He will also visit Merihaka Civil Defence Shelter.

    There will be no media opportunity.

    Photographs will be available on the NATO website

    For more information:

    For general queries: contact the NATO Press Office

    Follow us on X: @NATO, @RugeBoris and @NATOPress

    MIL Security OSI