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Category: KB

  • MIL-OSI Russia: Three sports facilities will be built as part of the city’s investor support program

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Moscow Foundation for the Support of Industry and Entrepreneurship provided investors with preferential investment loans for the construction of sports complexes. They will be built within the framework of the industry scheme for the placement of such facilities, approved by the Moscow Sports Committee. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    The preferential investment lending program has been in effect since March 2022. The fund compensates industrial enterprises for part of the costs of paying interest on loan agreements. Under the program, such companies can receive up to three billion rubles at three percent per annum for up to three years.

    “In July 2024, by decision of Sergei Sobyanin, the preferential investment lending program was expanded to investors who are developing the city’s sports infrastructure. Developers can receive up to 500 million rubles at three percent per annum for up to three years. Today, within the framework of this program, a multifunctional sports complex is being prepared for opening, and two more facilities are also under construction – a hockey arena and an indoor sports ground with artificial ice,” said Maxim Liksutov.

    Under the terms of the program, companies that build football fields, indoor skating rinks, indoor arenas, tennis courts, swimming pools, sports and recreation complexes with multi-purpose sports halls and other facilities for sports and physical education can receive financial support.

    “Since the start of the program, investors have attracted over 700 million rubles to implement three new projects in the sports sector. It is planned that by 2030, thanks to this support measure, up to 300 sports facilities will appear in the capital,” said the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy

    Anatoly Garbuzov.

    Thus, a multifunctional sports complex is planned to open in Olonetsky Proezd (property 5/1a). It has ice and football fields, four indoor tennis courts and one outdoor clay court. The area of the complex is eight thousand square meters. More than 180 million rubles were attracted for this project.

    The same investor will build an indoor hockey arena with an area of 4.5 thousand square meters at the address: Balaklavsky Prospekt, Building 33. It will house two ice arenas, a gym, and a choreography hall. To implement this project, the investor attracted 280 million rubles thanks to the fund.

    The fund also supported the construction of an indoor sports ground with artificial ice, which will be located at 9 Krymsky Val Street. The complex will include an ice arena, a gym, and a choreography hall. The opening is scheduled for the second quarter of 2025. The developer raised almost 300 million rubles.

    To receive funds at a preferential rate, you must enter into a loan agreement, then contact the Moscow Fund for the Support of Industry and Entrepreneurship. After the application is approved, a financial support agreement is signed to compensate for part of the costs of paying interest on the loan. Then, depending on the terms of writing off interest, the required amount is transferred to the company’s account in the bank where the loan is opened. All information is available on the foundation’s website.

    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/144978073/

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

    MIL OSI Russia News –

  • MIL-OSI Russia: “What you go for is what you’ll find” in Tagansky Park

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On Friday evening, Tagansky Park will host the play “What You Go For Is What You’ll Find” based on Alexander Ostrovsky’s plays “The Marriage of Balzaminov” and “A Festive Dream – Before Lunch.” It will be presented by students of the “Teatralny Park” studio, directed by teacher Ildar Shamikov-Dasayev.

    According to the plot, the naive “mama’s boy” Balzaminov wants to marry a rich merchant woman in order to solve his financial problems and settle down in this world. “Don’t chase your mind, as long as you have happiness. With money, we can live without our minds!” – this phrase by Pavla Balzaminova vividly reflects the views and morals of the society in which her son was so eager to gain a foothold.

    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/poster/event/320146257/

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

    MIL OSI Russia News –

  • MIL-OSI USA: Reps. Kim, Correa Push for Federal Support for OC Veteran Cemetery Gains Momentum 

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Anaheim Hills, CA – Last week, the United States Department of Veterans Affairs National Cemetery Administration (NCA) released its FY 2025 Priority List of State and Tribal Government Cemetery Construction Grant Pre-Applications, which includes California Department of Veterans Affairs (CalVet)’s application for the Southern California Veteran Cemetery at Gypsum Canyon in Anaheim Hills. 

    In August, U.S. Representatives Young Kim (CA-40) and Lou Correa (CA-46) led a bipartisan letter to the U.S. Department of Veterans Affairs (VA) urging federal support for the building of the cemetery, which would be the first-ever veteran cemetery in Orange County. 

    “Building a veteran cemetery in Orange County is long overdue and has been a project near and dear to my heart since my time in the State Assembly,” said Rep. Young Kim. “I’m thrilled we are one step closer to making this a reality for those who have served and their loved ones. I thank Rep. Lou Correa for being a steadfast partner in urging for federal support, and I’ll keep fighting to get this done.”

    “All gave some and some gave all,” said Rep. Lou Correa. “Across Orange County, Democrats and Republicans alike are united in our support for Gypsum Canyon to serve as a final resting place for our veterans and their families, who courageously served our nation. I thank Rep. Young Kim for joining me in this fight—and promise to not stop fighting until we bring Orange County its first-ever veteran cemetery.” 

    The Orange County Board of Supervisors unanimously approved $20 million exclusively for site development of a veterans’ cemetery at Gypsum Canyon on July 27, 2021, and allocated over 200 acres of county-owned land near the intersection of the 91 freeway and 241 toll road for the purpose of building a public cemetery and a separate veterans cemetery. The amount of combined state and local funding to begin the construction for a veterans’ cemetery at this location currently totals $50 million, including $5 million allocated as part of the 2024 State Budget Act and $25 million in state funding already allocated in the previous state budget.  

    MIL OSI USA News –

  • MIL-OSI: Changes in the Management Board of Coop Liising AS

    Source: GlobeNewswire (MIL-OSI)

    The Supervisory Council of Coop Liising AS, a subsidiary of Coop Pank AS, decided today, 08.10.2024, to elect Janek Rüütalu as a new member of the board of Coop Liising AS. Rüütalu’s mandate begins on 13.10.2024 and lasts for 3 years until 12.10.2027.

    The powers of Erki Hiiuväin, the current board member of Coop Liising AS, expire as of 12.10.2024.

    Janek Rüütalu has worked as a leasing workout specialist and leasing credit risk analyst at DNB Pank AS in 2007–2017, and as a product and business development specialist at the Estonian branch of Citadele banka AS in 2018–2020. Since 2020, Janek Rüütalu has been working as a product and business development manager at Coop Liising AS. Rüütalu graduated from Tallinn Pedagogical University in 1996, majoring in German and English philology.

    Janek Rüütalu does not own any shares or bonds of Coop Pank. Rüütalu has been issued an option for 5,900 shares with an exercise deadline of 2025, an option for 6,600 shares with an exercise deadline of 2026.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking reached 200,000. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising of 320 stores.

    Additional information:
    Katre Tatrik
    Communication Manager
    Tel: +372 5151 859
    E-mail: katre.tatrik@cooppank.ee

    The MIL Network –

  • MIL-OSI Economics: Secretary-General of ASEAN speaks highly of the ASEAN Digital Economy Framework Agreement (DEFA) at the Special Reception hosted by World Economic Forum

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn this evening attended a Special Reception hosted by Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF).

    Organised on the margins of the 44th and 45th ASEAN Summits and Related Summits in Vientiane, Lao PDR, the reception also saw discussions with industry leaders, including with the WEF’s Champions for ASEAN’s Economic Future and Digital Economy Agreement Leadership (DEAL) communities. With support from the ASEAN-Korea Cooperation Fund, the WEF is implementing the ASEAN DEAL initiative to support the ASEAN Coordinating Committee on E-Commerce and Digital Economy.

    The post Secretary-General of ASEAN speaks highly of the ASEAN Digital Economy Framework Agreement (DEFA) at the Special Reception hosted by World Economic Forum appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Group of Exceptional Students Graduate: 4th Cohort of Samsung-UWC Software Development Programme

    Source: Samsung

    At a graduation ceremony held on Tuesday, 08 October 2024, Samsung celebrated the achievements of the 4th Cohort in the University of the Western Cape (UWC) Software Development (SWD) programme. This Samsung sponsored programme aims to enhance the graduating students’ prospects of employment as well as address the problem of youth unemployment in the province and the country as a whole.
     

     
    South Africa, like many countries globally, grapples with the challenge of youth unemployment. This is supported by statistics indicating a 45,5% unemployment rate among young individuals (aged 15-34 years), in contrast to the national average of 32,9% in the first quarter of 2024”, according to Statistics SA.”  The Western Cape is no exception to this alarming trend.
     
    In response to the country’s youth unemployment issues and a way to assist government to address this challenge, Samsung launched a R280-million worth Equity Equivalent Investment Programme (EEIP) in 2019. The company is now celebrating five years of this EEIP programme’s sustained success. This EEIP programme is projected to have a measurable impact on job creation and a contribution of nearly R1-billion to the South African economy at large. Five years in and Samsung’s EEIP programme has managed to train 539 youth in SWD and artisanal skills.
     
    Jose Frantz, Deputy Vice Chancellor: research and innovation, University of the Western Cape said: “We firmly believe in the transformative power of higher education to empower youth. The Future-Innovation Lab at UWC exemplifies this commitment by equipping previously disadvantaged youth with the skills and experiences necessary to succeed in an AI-driven economy. By bridging the gap between education and industry, this initiative not only addresses the pressing issue of youth unemployment but also fosters a culture of innovation and resilience. As we celebrate the upcoming graduation of the fourth cohort, we recognize the importance of such programs in nurturing the next generation of leaders and change-makers. Together, we can create a future where every young person has the opportunity to thrive and contribute meaningfully to society.”
     
    This SWD programme that is part of Samsung’s EEIP has ensured sustained ICT investment in historically disadvantaged universities, which in turn has helped to enhance the prospects of employment in the country’s youth. Importantly, this SWD programme has provided an opportunity to previously disadvantaged youth to gain skills in software development and digital social innovation with the ultimate aim of opening doors to employment or further training. Samsung strives for a 100% absorption rate of all the students in its training programmes.
     
    Lenhle Khoza, Manager for B-BBEE and Transformation at Samsung South Africa said: “As Samsung, we would like to congratulate this group of brilliant students. From the start of this programme, our focus has been on capacity building in ICT training and development. With these software development skills, we are confident that these UWC students will now be able to play a crucial role in the digital economy.”
     

     
    For Samsung, this graduation of the fourth cohort in this SWD programme is a clear indication of how successful partnerships with institutions of higher learning such as UWC are helping to address the country’s societal challenges through the development of digital solutions.
     
    And according to UWC, the 41 students that participated in the SWD programme have gained proficiency in high-demand coding languages, software architecture, web and mobile app development as well as database management and more. The hands-on and project-based approach has ensured that graduates emerge not just with theoretical knowledge, but also with the practical skills demanded by the modern job market.
     
    With hands-on, real-world experience provided through creativity and fun in a learning and working environment, these UWC students will now be able to successfully apply their new skills, which are highly sought-after in the country’s digital economy.
     

     
    “As Samsung, we’ve always prioritised the need to demonstrate a measurable outcome on the country’s youth in all our education-focused initiatives. This SWD is no exception, in collaboration with UWC – we have ensured that these graduating students are employable and that some are able to attain permanent employment through our partner network,” concluded Khoza.
    _________________________
    *Source – Unemployment in South Africa: A Youth Perspective | Statistics South Africa (statssa.gov.za)

    MIL OSI Economics –

  • MIL-OSI Security: Springdale — Impaired driver arrested by Springdale RCMP

    Source: Royal Canadian Mounted Police

    A 23-year-old man was arrested by Springdale RCMP for impaired driving on October 5th, 2024.

    At approximately 10:30 p.m. on Saturday, police observed a vehicle on Little Bay Road with a burnt-out headlight and conducted a traffic stop. The driver showed signs of alcohol impairment, failed a roadside breath test, and was arrested. Back at the detachment, the man provided breath samples that were above the legal limit.

    He was released from custody and is set to appear in court at a later date to answer to charges of impaired operation of a motor vehicle.

    The vehicle was seized and impounded and the man’s driver’s licence was suspended.

    RCMP NL continues to fulfill its mandate to protect public safety, enforce the law, and ensure the delivery of priority policing services in Newfoundland and Labrador.

    MIL Security OSI –

  • MIL-OSI Economics: Samsung celebrates the launch of Music Frame in South Africa

    Source: Samsung

    Samsung Electronics South Africa, in partnership with Decorex Africa, recently celebrated the launch of its innovative Music Frame Smart Speaker in Cape Town, captivating an audience of tech, design and décor enthusiasts. The event featured a curated music experience that allowed guests to witness the smart speaker’s impressive capabilities first-hand. Positioned atop the venue’s giant speakers, the Music Frame filled the venue with sound as attendees arrived, only to be amazed when they learned that the music was actually emanating from the Music Frame itself, redefining their expectations of audio technology in a stylish format.
     

     
    Designing the Experiences of Tomorrow
    Samsung is home to forward-looking departments seeking untapped opportunities. True to its name, the Visual Display Business’ Future Experience Design group actively develops concepts for user experiences that are missing in the market before turning those ideas into innovative products.
     
    Launching a new product is no easy feat, however. There is a long journey ahead after proposing an initial concept, from designing for mass production and collaborating with other departments to enhancing marketability and perfecting the product’s technical aspects. Brought to fruition through unceasing passion and innovation, this is Music Frame and its design story.
     
    Bringing Style to Spaces
     

     

    Inspired by Your Lifestyle
    Consumers are now opting to purchase products that seamlessly blend into their living spaces instead of ones that only offer functionality. To that end, Samsung has introduced a series of lifestyle TVs including The Serif, The Frame and The Sero. Since TVs are not in use most of the time, these products transition to Ambient or Art Mode to offer a tasteful design experience — rather than displaying a black screen.
     
    Delivering audio in the form of a picture frame, Music Frame is an extension of this approach. Setting itself apart from conventional speakers designed mainly to amplify sound, Music Frame and its concept of lifestyle audio prioritise the user’s lifestyle and living space. Picture frames are a familiar furnishing that can be placed anywhere, reflecting each individual’s taste and personality based on the kind of art being displayed. Music Frame draws inspiration from ordinary picture frames, allowing users to listen to music as they appreciate their favourite pictures.
     
    Breathing Life into an Innovation
    In collaboration with the development and CX teams, Samsung designers built and tested a working prototype that demonstrated high-quality sound. They received positive responses from users after extensive testing, which solidified their confidence in the product’s acoustic performance and overall concept. As a result, the initial design remained intact and went into mass production.
     
    Bridging the Gap Between Decor and Audio
     

    Sculpting Unseen Sound
    Music Frame embodies audio, so Samsung couldn’t lose sight of how people enjoy listening to high-quality music. Given the product’s unique form factor compared to traditional, elongated soundbars, the designers worked closely with the sound development team to perfect acoustics from the get-go.
     
    Speakers commonly have fabric, grilles or other materials on the front to easily emit sound. Together with the sound development team, the designers found a way for Music Frame to amplify sound through a gap between the frame and panel — creating a design rarely seen in audio products. The result? A frame-shaped speaker that is not restricted by the material that covers the front side.
     
    Due to the frame’s shape, the gap between the bezel and the panel was important since this portion produces high- and medium-pitched sounds. After countless tests to find the optimal sized gap, both in terms of design and sound quality, the team settled on a width of 9mm. The designers worked with developers to make sure the vibrations from the rear woofer speaker — responsible for the bass — would not create noise when the product is hung on a wall like a picture frame.
     
    A Piece to Personalise Your Space
    Just like a real frame, Music Frame allows users to swap the images inside for personal photos or works of art. Listening to music while looking at a framed photo of a precious memory or a piece of art adds new levels of depth to users’ experiences.
     
    Samsung designers also considered users who might place the Music Frame on a table instead of hanging it on a wall. Meticulous refinements were made to the frame stand’s shape and angle to ensure it doesn’t look too prominent or cause reflections on the panel. Since the rear of the product is visible if placed on a table, the back was designed in a neat and minimal fashion.
     
    Music Frame in Your Everyday

    Your Life, in the Frame
    If there’s a particular image users want to cherish, they can create their own art panel by uploading an image to a third-party website and placing an order. Music Frame comes in a default black bezel, but users can purchase an additional white bezel to match their decor. They can fill their frames with stunning images to create a stylish space that is perfect for listening to music.
     
    Fill Your Room with Rhythm
    For more captivating TV viewing, users can utilise Q-Symphony for richer stereo sound by placing two Music Frames on either side of their TVs. For surround sound, users can place a soundbar in front of their TV and a Music Frame on the opposite wall to act as a rear speaker. With the SmartThings app, users can set the equaliser settings to their preferences. By fine-tuning the audio, users can enjoy more vibrant sound and immersive content.
     
    Looking forward to a future of new possibilities, Samsung designers will continue to develop products and designs that naturally blend into users’ lifestyles and living spaces. For more information about Samsung Electronics’ design, please visit the Samsung Design website.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung and GBCSA Host Insightful Panel Discussion on Clean Air During World Green Building Week

    Source: Samsung

    As part of World Green Building Week, Samsung, in partnership with the Green Building Council of South Africa (GBCSA), hosted a compelling panel discussion themed ‘Planet Shapers’ on Thursday, 12 September 2024. The event, held at the Samsung DQX store at Design Quarter in Fourways, served as a crucial platform for knowledge sharing, networking, and dialogue on the intersection of clean air technology, climate change, and environmental health.
     
    The session, expertly facilitated by Abi Godsell, GBCSA’s Research and Technical Coordinator, brought together a distinguished panel of industry leaders and experts in the heating, ventilation, and air conditioning (HVAC) field. The discussion featured Joseph Kaseke, HVAC Engineering Manager at Samsung; Annelide Sherratt, Head of Green Buildings Certification at Solid Green Consulting; Martin Smith International Professional Engineer and Design Director at Zutari; Matthew Marshall Co-founder and Partner at Redimension Capital; and Alex Varughese Senior Technical Coordinator at GBCSA.
     
    The panelists addressed the profound impact of clean air technology on human health, productivity, and environmental sustainability. The conversation underscored that clean air is not only vital for well-being but also plays a crucial role in enhancing productivity across various building types, from residential homes and schools to hospitals, offices, and recreational facilities such as malls and museums.
     
    When sharing his insights, Kaseke noted a World Health Organisation article published back in 2018, which stated that wildfires, climate change, city pollution, greenhouse gases, and pandemics were the biggest aspects that were detrimental to the health of our respiratory systems. He stressed the importance for manufacturers of air-conditioners to consider and ensure that when they build their products, they take into account all these factors and thus produce air-conditioners that create clean air which would be good for users’ health, while also being comfortable for them.
     
    He also spoke about the latest advancements in Samsung’s HVAC systems designed to improve indoor air quality and said these innovations are crucial in mitigating the effects of pollution and creating healthier living and working environments. Kaseke shared four air-conditioners that have shown to be excellent in the provision of clean air.
     
    WindFree 1-Way Cassette (Indoor Unit), which is Samsung’s best-selling air-conditioning unit globally, comes with prefiltration, deodorisation and PM 1.0 filters and its cooling helps maintain a comfortable level of coolness without the feeling of direct cold wind draft. At a height of only 135 mm, it is the thinnest indoor air-cooling unit in Samsung’s line-up. The compact, lightweight design makes installation and maintenance in your space easier than ever. These high-performing units are so subtle that they can easily blend into interiors of all types and styles. A quiet workplace is not only more comfortable for employees, but it also aids productivity.
     

     
    The bigger capacity WindFree 4-Way Cassette also maintains a comfortable level of coolness as cool air is gently dispersed through 15,672 micro air holes, so you won’t feel too cold. It has a prefiltration filter, a secondary filter for dust electrification as well as the PM 1.0 filter that all work together to remove the air’s impurities. The 4-Way Cassette allows efficient energy saving of up to 55%[1] and has a Motion Detect Sensor which enables customised air flow and energy efficient operation.
     

     
    According to Kaseke, the best in the line-up in terms of design is the 360 Cassette, which has the most momentum in all these air purification categories and ideal for large open spaces. It also comes standard with all the filtration features. Its innovative circular design can match a multitude of interior designs, so it perfectly fits in everywhere. Its minimalist modern styling creates a sophisticated look, and its circular shape stands out beautifully. The AR9000 wall-mounted unit, which is the premium range of Samsung’s residential line-up also comes with that same technology.
     

     
    The panel concluded with a call to action, urging attendees and the broader public to prioritise clean air in their environmental strategies. The discussion reaffirmed the necessity of collaborative efforts among companies, communities, and individuals to combat climate change and enhance the quality of life through improved air quality.
     
    The session was a testament to the power of dialogue and collaboration in driving forward the green building agenda. It highlighted how technological advancements, and thoughtful strategies can collectively contribute to a healthier planet and more sustainable future.
     
    Tested on Outdoor unit AC140MXADKH, Indoor unit AM140FN4DEH when running simultaneously. Individual result may vary depending on consumer usage.

    MIL OSI Economics –

  • MIL-OSI Economics: Verizon anuncia nueva ronda de apoyos para pequeñas empresas

    Source: Verizon

    Headline: Verizon anuncia nueva ronda de apoyos para pequeñas empresas

    • A través de Verizon Small Business Digital Ready, las pequeñas empresas pueden acceder a cursos gratuitos en inglés y español, capacitación con expertos en pequeñas empresas y la oportunidad de solicitar un apoyo de $10,000.
    • La plataforma también se ha asociado con Next Street para compartir un “Mercado de financiación para pequeñas empresas”, donde los propietarios de empresas pueden buscar oportunidades de préstamos y subvenciones según sus necesidades comerciales.
    • El programa ha llegado a más de 350,000 empresas en todo el país, de las cuales el 51% son propiedad de mujeres y el 62% son propiedad de personas de color o hispanas.

    BASKING RIDGE, NJ – Como el acceso a capital es un desafío común para los emprendedores, Verizon anuncia nuevas oportunidades de financiamiento de subvenciones de $10,000 disponibles para pequeñas empresas a través de la plataforma Verizon Small Business Digital Ready. Los propietarios de pequeñas empresas que se registren en la plataforma pueden recibir acceso gratuito y personalizado a más de 50 cursos en línea en inglés y español, oportunidades de tutoría con expertos de la industria, entrenamiento de expertos personalizados y en grupo, eventos comunitarios virtuales y en persona y la oportunidad de postularse para obtener financiamiento mediante subvenciones.

    El programa es operado en asociación con Next Street y Local Initiatives Support Corporation (LISC). Hasta la fecha, Small Business Digital Ready ha apoyado a más de 350,000 pequeñas empresas en todo el país, de las cuales el 51% son propiedad de mujeres y el 62% son propiedad de personas de color o hispanas.

    Hasta el 13 de diciembre de 2024 a las 11:59 p.m. (hora del Pacífico), las pequeñas empresas pueden acceder a la solicitud para esta ronda de financiamiento de subvenciones registrándose primero en el portal Verizon Small Business Digital Ready y completando al menos dos cursos, capacitación o eventos comunitarios, en cualquier combinación entre 1 de julio de 2024 y 13 de diciembre de 2024 a las 11:59 p.m. PT. Las pequeñas empresas que completen la solicitud serán elegibles para recibir una subvención de $10,000.

    “Las pequeñas empresas son el pilar de las comunidades y tenemos la responsabilidad de ayudarles a prosperar”, dijo Donna Epps, Chief Responsible Business Officer de Verizon. “Verizon Small Business Digital Ready se creó para impulsar a los propietarios de pequeñas empresas a través de capacitación en habilidades digitales, y estamos orgullosos de ofrecer otra oportunidad de apoyo a esta comunidad diversa y en crecimiento de propietarios de pequeñas empresas en todo el país”.

    La plataforma también está lanzando el “Mercado de financiación para pequeñas empresas”, un repositorio de oportunidades de financiación y préstamos disponibles para pequeñas empresas, y ha lanzado “Learning Paths”. Rutas de aprendizaje como “Mejora tu acceso al capital” y “Construye tu marca única” invitan a los usuarios a completar una serie de recursos para ayudarlos a acercarse a lograr un objetivo comercial. 

    Verizon no es un prestamista ni un corredor. El mercado de financiación para pequeñas empresas es proporcionado por Next Street Financial LLC. No todas las solicitudes son aprobadas. Todas las decisiones de financiación las toman terceros proveedores de capital. Las calificaciones, los requisitos, la aprobación y los términos del préstamo varían según el tipo de préstamo, las calificaciones del solicitante y el estado.

    MIL OSI Economics –

  • MIL-OSI: Konsolidator to issue new shares in private placement – Inside information

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no 15-2024

    Søborg, October 8, 2024

    Konsolidator to issue new shares in private placement

    The Board of Directors of Konsolidator A/S (“Konsolidator”) has today exercised its authorization to issue new shares in a private placement of new shares with expected gross proceeds of up to DKK 2.2m. As announced in the H2 2024 report, the equity on June 30, 2024, was negative and management would take the necessary steps to reestablish it.

    The Board of Directors of Konsolidator has today exercised its authorization to resolve on an increase of the share capital in a directed issue without pre-emption rights for Konsolidator’s existing shareholders according to 3.1.8 of the articles of association.

    Consequently, the board of directors has resolved to issue up to a total of 573,979 new shares at a subscription price of DKK 3,92 per share corresponding to the volume weighted average of Konsolidator’s share price over the 5 trading days preceding the decision of the Board of Directors. Gross proceeds from the private placement corresponds to approximately DKK 2.2m.

    Use of net proceeds

    In the H1 2024 report published on August 22, 2024, Konsolidator continues to focus on the new growth initiatives including developing the new banking segment. Further, Konsolidator focuses on supporting Konsolidator Iberia in Spain and Portugal as well as developing Konsolidator into being a partner-sales driven company within the Microsoft D365 partner channel.

    In company announcement no 14-2024 on August 22, 2024, Konsolidator announced that the focus for Q3 2024 would be to strengthen the capital structure and improve operations as well as securing funding of the operations.

    CEO Claus Finderup Grove says: “We have asked a lot from our shareholders in 2024, and we are very appreciative for their patience. We have restructured our cost base in August and maintain our focus on becoming cash flow positive.”

    The resolution on the private placement of new shares

    The new shares issued as a result of the private placement will be registered at the Danish Business Authority upon receipt of final subscriptions and cash payments for the new shares. Following registration, the share capital will increase by the number of new shares subscribed, where each share will have a nominal value of DKK 0.04. Today, the company has a registered share capital of nominal DKK 886,428.84 and with full subscription the share capital will increase to nominal DKK 909,388.00.

    The new shares represent approximately 2.6% of Konsolidator’s share capital before the capital increase and 2.5% of Konsolidator’s share capital after the capital increase.

    The new shares will be negotiable instruments, and no restrictions will apply to their transferability. The new shares will not carry any special rights. The rights conferred by the new shares, including voting and dividend rights, will apply from the date when the capital increase is registered with the Danish Business Authority. The new shares are to be registered in the name of the holder in Konsolidator’s register of shareholders.

    Admission to trading and expected timetable

    Konsolidator expects to have received final subscriptions and subscription amounts no later than on October 14, 2024, following which the capital increase will be registered with the Danish Business Authority. The new shares will be issued under the ISIN code of Konsolidator’s existing shares (DK0061113511), and are expected to be admitted to trading on Nasdaq First North Growth Market Denmark no later than on 17 October, 2024.

    The offering of new shares and the admission to trading is exempt from the obligation to publish a prospectus.

    Contacts

    Certified Adviser

    About Konsolidator
    Konsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed at Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL

    Attachment

    The MIL Network –

  • MIL-OSI USA: Rep. Neguse, Colorado Delegation Announce Support for Colorado River District’s Application for Funding to Complete Shoshone Water Rights Purchase

    Source: United States House of Representatives – Congressman Joe Neguse (D-Co 2)

    Lafayette, CO — Today, House Assistant Minority Leader Joe Neguse joined Colorado Senators Michael Bennet and John Hickenlooper, and members of the state’s congressional delegation in writing to the Bureau of Reclamation (BOR) in support of the Colorado River Water Conservation District’s (CRWCD) application for federal funding to purchase two of the oldest water rights on the Colorado River mainstem in Colorado, known as the Shoshone Permanency Project. The lawmakers offered their support as part of an ongoing BOR funding opportunity to provide environmental benefits in response to drought, which remains open for additional projects in Colorado and the rest of the Upper Colorado River Basin.

    “The Colorado River District’s mission is to promote the protection, conservation, use, and development of the water resources of the Colorado River water basin for the welfare of the state of Colorado. Preserving the Colorado River’s historical flow regime as intended by the Shoshone Permanency Project will benefit the Colorado River ecosystem every year, and especially in dry years,” wrote the lawmakers.

    The letter continues: “This strong show of funding reflects the local recognition of the Shoshone Water Rights’ importance to the health of western Colorado’s environment and local economies. We recognize the Shoshone Permanency Project’s complex nature and ongoing technical review, but believe the opportunity to protect historical Colorado River flows deserves your attention.”

     The full text of the letter is available HERE. 

    “For the future of water, agriculture, outdoor recreation, and our way of life on the Western Slope and for the entire state of Colorado, the time to permanently secure the Shoshone water rights is now. At the state legislature this year, we made a $20 million investment in this effort, our local partners have offered over $36 million and I am so grateful for our federal partners, Congressman Joe Neguse and Senators Bennet and Hickenlooper, for doing everything they can to ensure the federal government becomes a key partner in this effort, ” said Dylan Roberts, State Senator, Chair of the Senate Agriculture & Natural Resources Committee.  

    The 1902 Senior and the 1929 Junior Shoshone Water Rights currently held by Xcel Energy are used to generate power at the Shoshone Power Plant and then return it to the river. Communities across Western Colorado have already committed over $55 million, and are applying to BOR for funding from the Upper Colorado River Basin Environmental Drought Mitigation program to help complete the purchase and create stability for communities, water and recreational users, and the environment. The Upper Colorado River Basin Environmental Drought Mitigation program funding opportunity is open for application through November 22, 2024, and the lawmakers welcome other applicants to contact their offices on the opportunity to provide support. 

    As part of the Shoshone Permanency Project, CRWCD will seek a change in these rights to include an alternate beneficial use and preserve the historical flow regime. The state process for changing these decreed water rights is distinct from any federal funding review or outcome, and will proceed separately. As acknowledged in the letter, data collection and analysis related to the Shoshone water rights’ historic use is ongoing and important to the state of Colorado’s formal review. 

    ###

    MIL OSI USA News –

  • MIL-OSI Economics: Verizon announces new round of grant funding for small businesses

    Source: Verizon

    Headline: Verizon announces new round of grant funding for small businesses

    • Through Verizon Small Business Digital Ready, small businesses can access free courses in English and Spanish, coaching with small business experts, and an opportunity to apply for a $10,000 grant.
    • The platform has also partnered with Next Street to share a “Small Business Funding Marketplace,” where business owners can search for loan and grant opportunities based on their business needs.
    • The program has reached over 350,000 businesses across the country, of which 51% are women-owned and 62% are Black or Hispanic-owned.

    BASKING RIDGE, NJ – As access to capital is a common challenge for entrepreneurs, Verizon is announcing new $10,000 grant funding opportunities available for small businesses via the Verizon Small Business Digital Ready platform. Small business owners who register on the platform can receive free, personalized access to over 50 online courses in English and Spanish, mentorship opportunities with industry experts, 1:1 and group expert coaching, virtual and in-person community events and the opportunity to apply for grant funding.

    The program is operated in partnership with Next Street and Local Initiatives Support Corporation (LISC). To date, Small Business Digital Ready has reached over 350,000 small businesses nationwide, of which 51% are women-owned and 62% are Black or Hispanic-owned.

    Until December 13, 2024 at 11:59pm PT, small businesses can unlock the application for this round of grant funding by first registering on the Verizon Small Business Digital Ready portal and completing at least two courses, coaching or community events, in any combination between July 1, 2024 and December 13, 2024 at 11:59pm PT. Small businesses that complete the application will be eligible for consideration to receive a $10,000 grant.

    “Small businesses are the backbone of communities, and we have a responsibility to help them thrive,” said Donna Epps, Chief Responsible Business Officer at Verizon. “Verizon Small Business Digital Ready was created to uplift small business owners through digital skills training, and we’re proud to offer another grant opportunity to this diverse and growing community of small business owners nationwide.”

    The platform is also launching “Small Business Funding Marketplace,” a repository of open funding and loan opportunities available to small businesses, and has launched “Learning Paths.” Learning paths such as “Improve your access to capital” and “Build your unique brand” prompt users to complete a series of resources to help them get closer to achieving a business goal.

    Verizon is not a lender or broker. The Small Business Funding Marketplace is provided by Next Street Financial LLC. Not all applications are approved. All financing decisions are made by third-party capital providers. Qualifications, requirements, approval, and loan terms vary based on the type of loan, applicant qualifications, and by state.

    MIL OSI Economics –

  • MIL-OSI: Jeffersonville Bancorp and Jeff Bank Announce Resignation of Director Philip Coombe, III

    Source: GlobeNewswire (MIL-OSI)

    JEFFERSONVILLE, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) today announced that Director Philip Coombe, III, has resigned from the board of directors of Jeffersonville Bancorp and its subsidiary, Jeff Bank, effective immediately.

    Mr. Coombe became a director of Jeffersonville Bancorp in 2012 and has provided beneficial contributions throughout his time to help aid the growth of the Company and Jeff Bank. Mr. Coombe served on every committee of Jeff Bank and was standing Chairman of the Asset and Liability and Compliance Committees. Mr. Coombe is stepping down from the board due to his expanding business and professional obligations.

    “I am grateful for the opportunity to serve on the board and contribute to the Company’s vision and growth over the past 12 years,” stated Mr. Coombe. “It has been a pleasure being involved with the Company and its talented professionals. I am confident the board and management teams will be successful in growing the Company and continuing to deliver shareholder value.”

    “On behalf of Jeffersonville Bancorp, Jeff Bank, and the Board of Directors, I want to thank Phil for his dedication and support over the last 12 years,” stated George W. Kinne, Jr., President and CEO. “It has been a privilege sitting beside Mr. Coombe during his time on the board. We wish him all the best in his future endeavors and know that he will continue to be a supporter of Jeff Bank.”

    Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank. Jeff Bank maintains ten full-service branches in Sullivan and Orange County, New York located in Anawana Lake Road/Monticello, Eldred, Callicoon, Jeffersonville, Liberty, Livingston Manor, Monticello, Port Jervis, White Lake, and Wurtsboro.

    For More Information, call: 845-482-4000

    Contact: George W. Kinne, Jr., President – CEO

    The MIL Network –

  • MIL-OSI USA: Kelly, Neal Commemorate the 100th Anniversary of U.S. – Ireland Diplomatic Relations

    Source: United States House of Representatives – Representative Mike Kelly (R-PA)

    Washington, D.C. – Today, U.S. Congressman Mike Kelly (R-PA-16), and U.S. Congressman Richard E. Neal (D-MA-01), Co-Chairs of the Congressional Friends of Ireland Caucus, commemorated the 100th anniversary of U.S.-Ireland diplomatic relations.

    Established on October 7, 1924, when Irish Ambassador Timothy Smiddy presented his credentials to U.S. President Calvin Coolidge, U.S.-Ireland relations have endured countless challenges, both foreign and domestic, over the last century. Spanning 16 U.S. Presidents and 15 Taoisigh, the friendship between the United States and Ireland has been unwavering, reflecting their strong ancestral ties and shared values. 

     “Like many in the United States, I’m proud to trace my roots back to Ireland,” said Congressman Kelly. “As we mark the 100th anniversary of United States-Irish diplomatic relations, it’s important to remember the role that our Irish ancestors played in developing the United States and the role that so many still play today as we chart our future together.”

    “One century has passed since Irish Ambassador Smiddy presented his credentials to President Coolidge, and the relationship between the United States and Ireland is stronger than ever. It is a relationship rooted in our shared democratic values and mutual commitment to promote freedom and rules-based international order around the globe; not to mention, the common denominator that will forever bond our two nations: winning our independence from Great Britain to become thriving republics,” said Congressman Neal. “The sanctity of that relationship was underscored when the United States helped broker the Good Friday Agreement, marking the end of the longest period of conflict in Irish history. As a guarantor of that agreement, the United States has the indispensable role of continuing to uphold the principles embodied in the peace accord and working to protect and strengthen these gains for future generations to enjoy.” 

    On July 9, 2024, Congressman Neal and Congressman Kelly introduced H.Res.1345 – Recognizing the 100th anniversary of the establishment of diplomatic relations between the United States and Ireland. The resolution calls for, among other things, the continued strengthening of U.S.-Ireland relations, including their mutually beneficial economic relationship, and reaffirms Congress’ support for peace and reconciliation on the island of Ireland. The bill also supports cooperation between the two nations to address global challenges, including insecurity, poverty, and hunger. The bill currently has 37 cosponsors.

    The bill text can be found here.

    MIL OSI USA News –

  • MIL-OSI Security: Defense News: Fleet Readiness Center Southeast inducts first F-35B aircraft and F135 power module for depot-level work

    Source: United States Navy

    Fleet Readiness Center Southeast (FRCSE) achieved two significant milestones in the same week by inducting its first F-35B Lightning II and F135 power module (PM), one of five major modules of the F-35 propulsion system. 

    The F-35B, which came from the Flying Leathernecks of Marine Fighter Attack Squadron 122 (VMFA-122), based out of Yuma, Arizona, arrived at FRCSE on Aug. 7 and the F135 PM on Aug. 9.   

    “This is a historic time for FRC Southeast,” said FRCSE’s Commanding Officer, Capt. Al Palmer. “Between welcoming the first F-35 airframe and receiving the first F135 power module, we remain steadfast in our commitment to the Naval Aviation Enterprise. Inducting these products propels FRCSE into a new era of depot-level maintenance and paves the way for current and next-generation products.” 

    The timing of the airframe and engine inductions was purely coincidental. However, the back-to-back arrivals were indicative of the progress and effort the command put into preparing to work on these fifth-generation assets.   

    While the first F135 PM will go through the planned maintenance process, — disassembly, inspection, repair and reassembly — with an expected completion date of May 2025, the F-35 line is a corrosion speed line designed to quickly and efficiently locate corrosion and address any discovered problem areas.  

    “Hitting that 60-day target will allow us to return one aircraft this fiscal year and up to 16 aircraft next fiscal year,” said Savanna Massey, FRCSE’s F-35 production line deputy director. “We’ll eventually get to a cycle where we induct one and return one back to the fleet at the same time. It’s a corrosion speed line, so speed will be the name of the game, but without sacrificing quality.”  

    The F-35 induction is part of a more significant effort to support corrosion mitigation efforts for the U.S. Marine Corps (USMC) through a process called Production Asset Inspection Requirement (PAIR). FRCSE artisans will conduct these inspections on targeted areas of the aircraft where corrosion may be taking place. 

    “A PAIR-II inspection consists of artisans removing a number of panels from the aircraft and inspecting the substructure,” said Tim Duncan, FRCSE’s F-35 general foreman. “If we find corrosion present, we will remove it, treat the aircraft’s surface and reinstall the panels.” 

    Preparation for the highly technical jet began years ago with the establishment of the F-35 product line in 2022 and the command’s activation as an F135 Department of Defense second depot source of repair (DSOR) in 2020. However, both teams had to undergo extensive training to accommodate the new products.  

    Since the F-35 line was established, the 60 artisans and support staff have not only received extensive education and training on the aircraft’s Autonomic Logistics Information System (ALIS), surface coatings and other areas, but have also had the opportunity to immerse themselves in the F-35 community by traveling to various USMC squadrons and Fleet Readiness Center East (FRCE), which has been the lead Naval Air Systems Command (NAVAIR) site for F-35 organic depot-level maintenance since 2013. 

    “Being part of the team that established the F-35 line here at FRC Southeast gives the artisans a sense of ownership,” said Brandon Smith, an FRCSE F-35 work lead. “This being a new aircraft and corrosion line for the command, there weren’t any examples for us to utilize, so the team was empowered to collect data and implement best practices from other sites.”  

    While the command is excited to receive the fifth-generation aircraft, a shortened timeline meant overcoming hurdles – challenges that the F-35 production line team took in stride.    

    “The F-35, being a fifth-generation aircraft, comes with a whole new set of security requirements, which we typically haven’t had to engage here at FRC Southeast while working on some of the legacy platforms,” said Bruce Crooke, FRCSE’s F-35 Production Line Director. “So, there was a learning curve. There are requirements for controlled entry points at the aircraft and electronic security systems that monitor and measure the vibrations of the fencing. There will be visual barriers to prevent seeing the aircraft when it’s opened and panels removed since there are security concerns there as well.” 

    Simultaneously, the F135 team has had to conduct extensive training and overcame obstacles to get their team ready to work on this complex engine. 

    “Since being named a DSOR, FRCSE F135 artisans successfully executed over 2,600 qualification requirements shared across the Power Module and Mini Modules,” said Aaron Powers, FRCSE’s F135 product line deputy director. “This ensured that FRCSE had a proficient and qualified labor force to execute the newly established workload. The first qualification evolution trained and qualified 23 primary artisans and support group personnel, and this is the team who will execute the initial production workload.” 

    As a result of the hard work and preparation to perform maintenance on next-generation components, the F135 team expects huge milestones in the future. 

    “We expect F135 production to ramp up through 2034 to the max production requirement, or roughly 600 Mini Modules and 120 Power Modules per year, correlating to about 600,000 man-hours,” said Richard Eveson, FRCSE’s F135 product line director. 

    From the moment the Lightning II landed on the flight line at Naval Air Station Jacksonville and taxied toward the ground crew, to the uncrating of the first F135 PM in front of a skilled group of prepared artisans, a surge of tangible excitement has spread through the command. 

    “This milestone belongs to all of us,” said Palmer. “Thank you for your unwavering dedication and commitment to our mission, which has undoubtedly led us to this historic moment.” 

    As FRCSE looks to the future amid ever-changing fleet requirements, it’s clear that the command will continue to adapt to support military readiness with unwavering dedication and perseverance. 

    About Fleet Readiness Center Southeast   

    Fleet Readiness Center Southeast (FRCSE) is Northeast Florida and Southeast Georgia’s largest maintenance, repair, overhaul and technical services provider, employing approximately 5,000 civilian, military and contract workers. With annual revenue exceeding $1 billion, the organization serves as an integral part of the greater U.S. Navy, Naval Air Systems Command, and Commander, Fleet Readiness Centers by maintaining the combat airpower for America’s military forces. 

    MIL Security OSI –

  • MIL-OSI Security: Defense News: Harvey Milk Completes First Replenishment-at-Sea with two Japanese Training Ships

    Source: United States Navy

    NORFOLK Va., (Sept. 24, 2024) — Recently, Civil Service Mariners (CIVMARS) aboard the Military Sealift Command (MSC) fleet replenishment oiler USNS Harvey Milk (T-AO 206) completed their first replenishment-at-sea (RAS) with two Japan Maritime Self-Defense Force (JMSDF) vessels.

    Apart of a six-month around the world training cruise, that began in May 2024 and included 180 newly commissioned JMSDF officers, JMSDF training vessels JS Kashima (TV-3508) and guided missile destroyer JS Shimakaze (DDG 172, TV 3521), which has now been converted into a training vessel, completed its first RAS event with USNS Harvey Milk in the Virginia Capes’ (VACAPES) operating area in the Atlantic Ocean, Sept. 24. This bilateral exercise between the United States and Japan helps to improve JMSDF’s tactical capabilities and to build on the interoperability between the JMSDF and the U.S. Navy.

    According to USNS Harvey Milk’s Ship Master Capt. James “Jim” White, this refueling event was a rare opportunity for the Harvey Milk crew to work with the professionals of the JMSDF and a chance to demonstrate the capabilities of the T-AO 205 class oiler. This event marked only the second time that a T-AO 205 class oiler has replenished two ships simultaneously.

    USNS Harvey Milk is the second ship of the T-AO 205 class oiler, operated by MSC. The ship provides diesel fuel, lubricating oil and jet fuel; small quantities of fresh and frozen provisions and dry stores; and potable water to Navy ships at sea. T-AOs add underway replenishment capacity to the Navy’s Combat Logistics Force (CLF) and is expected to become the cornerstone of the fuel delivery system.

    USNS Harvey Milk is named after U.S. Navy veteran and LGBT activist Harvey Milk who was one of the first openly gay candidates elected to public office as a member of the San Francisco Board of Supervisors in 1978.

    Constructed in the 1990’s, JS Kashima is JMSDF’s flagship training vessel, which helps trainees build relations with other nations and develop seamanship skills and international experience.

    JS Shimakaze is the second of the Hatakaze-class guided missile destroyers built for JMSDF. The vessel was reclassified as a training ship in 2021.

    MIL Security OSI –

  • MIL-OSI Security: Justice Department Secures Agreement with Durham, North Carolina, to End Discriminatory Hiring Practices in City’s Fire Department

    Source: United States Attorneys General

    The Justice Department announced today that it has secured a settlement agreement with the City of Durham (City), North Carolina, to resolve the department’s claim that the hiring process for firefighters in the Durham Fire Department (DFD) violates Title VII of the Civil Rights Act. Specifically, the department alleges that the City’s fire department screens applicants with a written test that discriminates against Black candidates.

    Title VII is a federal statute that prohibits employment discrimination based on race, sex, color, national origin and religion. Title VII prohibits not only intentional discrimination but also employment practices that result in a disparate impact on a protected group, unless such practices are job related and consistent with business necessity.

    The settlement agreement resolves a civil pattern or practice investigation the Civil Rights Division opened in February 2020. As part of the investigation, the division conducted an in-depth review of DFD’s hiring practices, applicant data and other information received from the DFD. The division concluded that the fire department was using a written test that does not meaningfully distinguish between applicants who can and cannot perform the job of a firefighter. The test also disqualified Black applicants from employment at significantly disproportionate rates. The department thus concluded that the test violates Title VII.

    “Discriminatory employment tests do more than cost applicants a fair chance to compete for public service jobs like firefighting; they also prevent communities from being served in these crucial positions by the most qualified candidates for the job,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “The under-representation of Black people in the fire department workforce in Durham, and across the country, undermines public safety efforts. This settlement agreement requires the Durham Fire Department to reform its unlawful hiring process and provide monetary and other relief to those already harmed. The Justice Department will continue to work to ensure that all qualified applicants have a fair and equal opportunity to serve their communities.”

    “Employers should identify and eliminate practices that have a disparate impact based on race,” said U.S. Attorney Sandra J. Hairston for the Middle District of North Carolina. “The Justice Department will continue to work to eliminate discriminatory policies that deprive qualified applicants of a fair chance to compete for employment opportunities.” 

    The complaint, filed yesterday in the Middle District of North Carolina, alleges that the City’s uses of the written test called the Comprehensive Examination Battery (CEB) disproportionately exclude Black candidates from employment as firefighters. The department further alleges that DFD’s uses of the CEB are not job-related and consistent with business necessity, and thus violate Title VII.

    Under the terms of the consent decree also filed yesterday, DFD will:

    • Adopt a written test that does not discriminate in violation of Title VII and provide data to the department on the administration of the new test to ensure compliance;
    • Pay $980,000 in back pay to applicants who were disqualified by DFD’s uses of the challenged test; and
    • Hire up to 16 applicants who were unfairly disqualified by the challenged test and who successfully complete the new firefighter selection process.

    The full and fair enforcement of Title VII is a top priority of the Civil Rights Division. The division has issued a fact sheet on combating hiring discrimination by police and fire departments to help applicants for public safety jobs understand their rights to be free from discriminatory hiring processes. More information about the Civil Rights Division can be found at http://www.justice.gov/crt.

    MIL Security OSI –

  • MIL-OSI Security: Defense News: Fleet Readiness Center Southeast engineer earns NAWCAD Fellow distinction

    Source: United States Navy

    Ian Hawkins, a Fleet Readiness Center Southeast (FRCSE) materials engineering supervisor, was recently accepted into the Naval Air Systems Command (NAVAIR) Fellow Program coordinated by Naval Air Warfare Center Weapons Division’s (NAWCAD) during an award ceremony held at NAVAIR headquarters in Pawtuxet River, Md.

    “This award recognizes the technical accomplishments over my career to improve capability and readiness,” said Hawkins. “The results of my efforts are due to the teams and great teammates I’ve been lucky to work with. I was fortunate to be in positions where I could guide teams on engineering projects and programs to achieve safety and readiness goals for the Navy. Additionally, I’ve been fortunate to work on national efforts with my NAWCAD and FRC counterparts and on international efforts with our ally partners.”

    Introduced in the 1980s, the Fellows Program became a NAVAIR program in the 2000s, and NAWCAD re-established it in 2021 after a three-year pause in inductions. Inductees into the Fellow Program are nominated and selected by a team of peers based on their tenure and technical accomplishments in safety and readiness. The program is unique in that it does not have senior leadership.

    The Fellow Program has three levels of prestige: Associate Fellows, or the first tier, make up the top three percent of scientists and engineers at NAVAIR. Fellows, the second tier, represents the top three-quarters of a percent and is the level Hawkins has achieved. Finally, Esteemed Fellows make up the top one-quarter of a percent. Each level pulls new members from the tier below, and members are inducted by majority vote.

    Hawkins’ primary discipline is nondestructive inspection, or the examination of aircraft and components that does not require taking them apart.

    “It’s a privilege to work for the Navy, and I feel like I need to do more and more every day, and that’s the main reason I’m here,” said Hawkins.

    About Fleet Readiness Center Southeast 

    Fleet Readiness Center Southeast (FRCSE) is Northeast Florida and Southeast Georgia’s largest maintenance, repair, overhaul and technical services provider, employing approximately 5,000 civilian, military and contract workers. With annual revenue exceeding $1 billion, the organization serves as an integral part of the greater US Navy, Naval Air Systems Command, and Commander, Fleet Readiness Centers by maintaining the combat airpower for America’s military forces.

    MIL Security OSI –

  • MIL-OSI United Kingdom: UN Human Rights Council 57: UK Statement for Oral Update on Ukraine

    Source: United Kingdom – Executive Government & Departments

    UK statement for Interactive dialogue with the High Commissioner on the oral update on Ukraine. Delivered by the UK’s Permanent Representative to the WTO and UN, Simon Manley.

    Location:
    Geneva
    Delivered on:
    (Transcript of the speech, exactly as it was delivered)

    Thank you, Mr Vice President and thank you very much, High Commissioner. I do hope that the Russian Ambassador and his film crew were able to capture your stark account of the realities of the human rights atrocities that are being committed by the Russians, and not merely the fantasy fiction of the disinformation that we have been presented with by the Russian Ambassador. 

    The evidence presented in your report presents a stark pattern of the atrocities Russia is committing against the Ukrainian people. Your report describes systematic torture of Ukrainians by Russia – 97% of prisoners of war interviewed since March reported experiencing torture or ill treatment, and 68% said they had experienced sexual violence. Senior Russian officials calling for the execution of Ukrainian POWs. Its large-scale coordinated attacks against Ukraine’s energy infrastructure, deliberately targeting power systems which serve civilian populations, and which you rightly conclude is a violation of international humanitarian law

    Just last week, as you noted, we marked two years since Russia’s attempted annexation of four oblasts in eastern Ukraine. Those living under Russian occupation continue to face arbitrary detention, passportisation, and the seizure of land and property.

    Even children, both those living under Russian occupation and those who have been deported to Russia, are facing indoctrination and re-education programmes designed to distort and erase Ukrainian history.

    High Commissioner,

    How can we continue to remind Russia of its obligations under international humanitarian law, international human rights law and the UN Charter?

    Updates to this page

    Published 8 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI USA: Historic Preservation Council to consider nominations for National Register Oct. 11

    Source: US State of Missouri

    JEFFERSON CITY, MO, OCT. 8, 2024 – The Missouri Advisory Council on Historic Preservation will consider nominations to the National Register of Historic Places during its quarterly meeting. The meeting begins at 10 a.m., Friday, Oct. 11, in the Roaring River Conference Rooms at the MoDNR Elm Street Conference Center, located at 1730 E. Elm St., Jefferson City. Remote participation is also available as outlined below:

    stateofmo.webex.com/stateofmo/j.php?MTID=m7e25d16fa3f0ca8bcf26e1e2160c5948

    Teleconference Call number: 650-479-3207 
    WebEx meeting number (access code): 2632 514 6991 
    Meeting password: 2pbE59pH22m 
    NOTICE: This public meeting may be subject to audio and video recording

    The following nominations will be considered at the meeting:

    • Mayfair Apartment Hotel, 1224 E. Linwood Blvd., Kansas City, Jackson County
    • Roberts Farmstead, 1120 S. Farm Road 193 (primary); 715 S. Farm Road 193, Springfield (vic.), Greene County
    • Faherty House, 11 S. Spring St., Perryville, Perry County
    • Hermann High School, 808 Washington St., Hermann, Gasconade County
    • Lincoln School, 1400 E. Pony Thomas St., West Plains, Howell County
    • First Christian Church, 116 W. Gracia Ave., Marceline, Linn County
    • Lincoln School, 210 W. Wells, Marceline, Linn County
    • Marceline Mercantile & Supply Company, 125 E, California, Marceline, Linn County
    • Marceline Masonic Lodge No. 481, 201 N. Main St. USA, Marceline, Linn County                             

    The Missouri Advisory Council on Historic Preservation is a group of historians, architects, archaeologists and citizens with an interest in historic preservation. The council is appointed by the governor and works with the department’s State Historic Preservation Office, which administers the National Register of Historic Places program for Missouri. The council meets quarterly to review Missouri property nominations to the National Register, the nation’s honor roll of historic properties. Approved nominations are forwarded to the Keeper of the National Register in Washington, D.C., for final approval.

    More information, including draft nominations and meeting agenda, is available online at dnr.mo.gov/commissions-boards-councils/advisory-council-historic-preservation. For more information on Missouri State Parks and Historic Sites, visit mostateparks.com. Missouri State Parks is a division of the Missouri Department of Natural Resources.

    MIL OSI USA News –

  • MIL-OSI USA: Justice Department Secures Agreement with Durham, North Carolina, to End Discriminatory Hiring Practices in City’s Fire Department

    Source: US State of North Dakota

    The Justice Department announced today that it has secured a settlement agreement with the City of Durham (City), North Carolina, to resolve the department’s claim that the hiring process for firefighters in the Durham Fire Department (DFD) violates Title VII of the Civil Rights Act. Specifically, the department alleges that the City’s fire department screens applicants with a written test that discriminates against Black candidates.

    Title VII is a federal statute that prohibits employment discrimination based on race, sex, color, national origin and religion. Title VII prohibits not only intentional discrimination but also employment practices that result in a disparate impact on a protected group, unless such practices are job related and consistent with business necessity.

    The settlement agreement resolves a civil pattern or practice investigation the Civil Rights Division opened in February 2020. As part of the investigation, the division conducted an in-depth review of DFD’s hiring practices, applicant data and other information received from the DFD. The division concluded that the fire department was using a written test that does not meaningfully distinguish between applicants who can and cannot perform the job of a firefighter. The test also disqualified Black applicants from employment at significantly disproportionate rates. The department thus concluded that the test violates Title VII.

    “Discriminatory employment tests do more than cost applicants a fair chance to compete for public service jobs like firefighting; they also prevent communities from being served in these crucial positions by the most qualified candidates for the job,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. “The under-representation of Black people in the fire department workforce in Durham, and across the country, undermines public safety efforts. This settlement agreement requires the Durham Fire Department to reform its unlawful hiring process and provide monetary and other relief to those already harmed. The Justice Department will continue to work to ensure that all qualified applicants have a fair and equal opportunity to serve their communities.”

    “Employers should identify and eliminate practices that have a disparate impact based on race,” said U.S. Attorney Sandra J. Hairston for the Middle District of North Carolina. “The Justice Department will continue to work to eliminate discriminatory policies that deprive qualified applicants of a fair chance to compete for employment opportunities.” 

    The complaint, filed yesterday in the Middle District of North Carolina, alleges that the City’s uses of the written test called the Comprehensive Examination Battery (CEB) disproportionately exclude Black candidates from employment as firefighters. The department further alleges that DFD’s uses of the CEB are not job-related and consistent with business necessity, and thus violate Title VII.

    Under the terms of the consent decree also filed yesterday, DFD will:

    • Adopt a written test that does not discriminate in violation of Title VII and provide data to the department on the administration of the new test to ensure compliance;
    • Pay $980,000 in back pay to applicants who were disqualified by DFD’s uses of the challenged test; and
    • Hire up to 16 applicants who were unfairly disqualified by the challenged test and who successfully complete the new firefighter selection process.

    The full and fair enforcement of Title VII is a top priority of the Civil Rights Division. The division has issued a fact sheet on combating hiring discrimination by police and fire departments to help applicants for public safety jobs understand their rights to be free from discriminatory hiring processes. More information about the Civil Rights Division can be found at http://www.justice.gov/crt.

    MIL OSI USA News –

  • MIL-OSI USA: Press Release: FDIC Announces Extension of Comment Period for Proposed Changes to its Brokered Deposit Regulations

    Source: US Federal Deposit Insurance Corporation FDIC

    CategoriesBusiness, Commerce, MIL-OSI, United States Federal Government, United States Government, United States of America, US Commerce, US Federal Deposit Insurance Corporation FDIC, US Federal Government, US Insurance Sector, USA

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Delivering better outcomes for our future pensioners

    Source: United Kingdom – Executive Government & Departments

    Minister for Pensions Emma Reynolds addressed an audience at the ABI ‘Pension Investment: Where Next?’ event on Thursday 3 October.

    Location:
    1 America Square London EC3N 2LS to 1 Horse Guards Rd, London SW1A 2HQ
    Delivered on:
    (Transcript of the speech, exactly as it was delivered)

    Thank you for that kind introduction, and good morning everybody.

    I’m delighted to be here today. This is the third time I’ve been to the ABI in the last couple of months to discuss the government’s reform agenda for pensions, and in particular to highlight the work of the pensions Review, I’m very grateful to the ABI.

    Thank you, Yvonne and the team here for inviting me today and for also your ongoing commitment to working with the government to tackle the barriers that pension funds face to invest in growth assets. And I’d also like to give particular thanks to the ABI for your comprehensive response to our recent Call for Evidence, which closed last week.

    I’m delighted to be here today as the first joint DWP and HMT Minister for Pensions, as Yvonne has set out, the government is determined to bring down the silos between departments which too often in the past, have prevented effective Government and effective reform. And as the First Minister to sit between these two great Departments of State, I am excited by the job of work ahead.

    We face many challenges, but also we face many great opportunities to drive significant reform of pensions. As the Pensions Minister, I have two overarching objectives, first to increase pensions, investment in UK productive assets, supporting UK businesses of all sizes to grow and expand across the country. Second, to improve retirement outcomes for future pensioners, which everyone in this room and many millions of savers across the country have a stake in.

    Both of these objectives require more economic growth. The Chancellor reiterated in her commitment to powering growth in every part of Britain in her recent speech [political content redacted], growth is the most important of the government’s five missions to rebuild Britain, and as you will know, reforming pension investments is a crucial part of that.

    Earlier this year, in the King’s Speech, our new government announced a Pension Schemes Bill which includes three key elements. First, the Bill will enable the consolidation of multiple small pots, helping bring individuals eligible pots together in one place. This will support people to keep track of their savings so they can live better and more comfortably in retirement, but it will also mean that consolidators will generate scale at a greater rate, improving opportunity for investment.

    Second, the Bill will introduce a Value for Money Framework for defined contribution schemes, which you’ve already mentioned, to drive consolidation of the sector. We want to see fewer, larger providers who have the scale and expertise to invest in a more diverse portfolio. The Value for Money Framework will also contribute to economic growth, as there will be an increased focus on assets that can deliver long term value.

    Third, the Bill will introduce a requirement for pension schemes to offer retirement products, including a default retirement solution. It is crucial that we improve the options for people when they reach retirement age, and many have said to me that people feel as if they’re left on their own at that crucial time that they retire. But we need to go further, and in July, the Chancellor asked me to lead the first phase of the Pensions Review. I would like to thank all of you in this room who contributed to our Call for Evidence, especially given the short timeframe of our consultation.

    The consultation closed last week and asked questions relating to; DC and LGPS funds, driving further investment in the UK economy, scale and consolidation and driving a shift to value. We were delighted to receive over 100 responses, and it will come as no surprise that many of the themes that you’ll be discussing today have come through in those responses.

    We are putting together our proposals, taking into consideration the consultation responses and the stakeholder engagement we have been doing over the last few months, and we will publish an interim report in the autumn with the full recommendations from phase one to be published next year.

    It is essential to overcome the barriers to increasing pension fund investment in UK productive assets to support our capital markets, which in turn will drive growth in our economy and improve the retirement outcomes for future pensioners. I welcome the discussion on pension fund investments in infrastructure and illiquid assets that you will be having today, and the work that the ABI and its members are doing on this subject. Understanding the barriers that prevent DC schemes from investing more in these assets is crucial to the government’s reform agenda.

    I would also like to thank the PPI for publishing their report today ‘Pension Scheme assets a deep dive into infrastructure’. I was very pleased to read in the report that investment in infrastructure has been developing over the last five years. However, the proportion of infrastructure assets held by pension schemes is still a small minority, and DC schemes need to achieve greater scale and management capabilities to ensure infrastructure assets are a cost-effective component to their investment strategies. The PPI analysis underlines that we can collectively do more to drive this trend further, and I’m grateful for them, once again, for producing analysis and building our evidence base to support change.

    The Review is also exploring ways to drive greater scale and consolidation and working closely with employers, advisors, Trustees and pension providers on ways we can incentivise much greater competition on the basis of Pension returns, rather than purely cost in the DC market. On LGPS, I want to deliver a strong and sustainable scheme by tackling fragmentation and inefficiency. This will ensure that the LGPS serves the interests of members, employers and local communities, and supports growth across the economy.

    As part of the review, I also want to look at the way the current pension system operates. I want to ensure the market is well equipped to deal with the challenges of the future. So your discussion today around the Value for Money and other regulatory apparatus is a key enabler for getting this right. We want to shift the focus from price to value as a crucial part of delivering better retirement outcomes over the long term.

    Separate to phase one, will be a wider phase two, which will look more widely at further long-term steps we can take to improve pension outcomes, including assessing the level of savings people need to achieve the retirement that they want. There is no accident in the sequencing here. Growth is the government’s first priority, so we are prioritizing measures on pensions which can expedite growth and improve returns.

    The ABI is playing a crucial role in delivering this agenda, in particular, in monitoring the investments of some of the UK’s largest DC schemes, it is clear that rate of change and progress is required to reach the Mansion House complex commitment by 2030 the ABI has reported that schemes are taking enabling steps, by, for example, starting to recruit more resorts, engaging with clients as support and producing research to better understand the barriers.

    The ABI is instrumental in measuring developments going forward, and I hope that we will see a significant increase of pension fund investments into growth assets across the UK. The themes of today’s conference are fundamental to the pensions review, which I am leading. So, in conclusion, before you ask me some difficult questions, I want to challenge you as a collective group to continue to make changes, to drive further change. Thank you.

    Updates to this page

    Published 8 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI China: Book of Xi’s discourses on water management published

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

    BEIJING, Oct. 8 — A compilation of excerpts from discourses on China’s water management by Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has been published by the Central Party Literature Press.

    Since the 18th CPC National Congress in 2012, the CPC Central Committee with Xi Jinping at its core has made coordinated progress in water-related disaster control, water resource conservation, protection and restoration of water ecosystem, and water environment management, significantly improving water security.

    Xi’s discourses in this regard are important for ensuring greater water security in building China into a modern socialist country in all respects.

    The book, featuring six themes, brings together 297 pieces of discourse extracted from over 130 important speeches and written works by Xi between December 2012 and August 2024. Some of these passages are made public for the first time.

    MIL OSI China News –

  • MIL-OSI USA: NASA’s Roman Space Telescope’s ‘Exoskeleton’ Whirls Through Major Test

    Source: NASA

    A major component of NASA’s Nancy Grace Roman Space Telescope just took a spin on the centrifuge at NASA’s Goddard Space Flight Center in Greenbelt, Maryland. Called the Outer Barrel Assembly, this piece of the observatory is designed to keep the telescope at a stable temperature and shield it from stray light.

    The two-part spin test took place in a large, round test chamber. Stretching across the room, a 600,000-pound (272,000-kilogram) steel arm extends from a giant rotating bearing in the center of the floor.
    The test itself is like a sophisticated version of a popular carnival attraction, designed to apply centrifugal force to the rider — in this case, the outer covering for Roman’s telescope. It spun up to 18.4 rotations per minute. That may not sound like much, but it generated force equivalent to just over seven times Earth’s gravity, or 7 g, and sent the assembly whipping around at 80 miles per hour.
    “We couldn’t test the entire Outer Barrel Assembly in the centrifuge in one piece because it’s too large to fit in the room,” said Jay Parker, product design lead for the assembly at Goddard. The structure stands about 17 feet (5 meters) tall and is about 13.5 feet (4 meters) wide. “It’s designed a bit like a house on stilts, so we tested the ‘house’ and ‘stilts’ separately.”
    The “stilts” went first. Technically referred to as the elephant stand because of its similarity to structures used in circuses, this part of the assembly is designed to surround Roman’s Wide Field Instrument and Coronagraph Instrument like scaffolding. It connects the upper portion of the Outer Barrel Assembly to the spacecraft bus, which will maneuver the observatory to its place in space and support it while there. The elephant stand was tested with weights attached to it to simulate the rest of the assembly’s mass.

    Next, the team tested the “house” — the shell and a connecting ring that surround the telescope. These parts of the assembly will ultimately be fitted with heaters to help ensure the telescope’s mirrors won’t experience wide temperature swings, which make materials expand and contract.
    To further protect against temperature fluctuations, the Outer Barrel Assembly is mainly made of two types of carbon fibers mixed with reinforced plastic and connected with titanium end fittings. These materials are both stiff (so they won’t warp or flex during temperature swings) and lightweight (reducing launch demands).
    If you could peel back the side of the upper portion –– the house’s “siding” –– you’d see another weight-reducing measure. Between inner and outer panels, the material is structured like honeycomb. This pattern is very strong and lowers weight by hollowing out portions of the interior.
    Designed at Goddard and built by Applied Composites in Los Alamitos, California, Roman’s Outer Barrel Assembly was delivered in pieces and then put together in a series of crane lifts in Goddard’s largest clean room. It was partially disassembled for centrifuge testing, but will now be put back together and integrated with Roman’s solar panels and Deployable Aperture Cover at the end of the year.
    In 2025, these freshly integrated components will go through thermal vacuum testing together to ensure they will withstand the temperature and pressure environment of space. Then they’ll move to a shake test to make sure they will hold up against the vibrations they’ll experience during launch. Toward the end of next year, they will be integrated with rest of the observatory.
    To virtually tour an interactive version of the telescope, visit:
    https://roman.gsfc.nasa.gov/interactive
    The Nancy Grace Roman Space Telescope is managed at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, with participation by NASA’s Jet Propulsion Laboratory and Caltech/IPAC in Southern California, the Space Telescope Science Institute in Baltimore, and a science team comprising scientists from various research institutions. The primary industrial partners are BAE Systems, Inc in Boulder, Colorado; L3Harris Technologies in Rochester, New York; and Teledyne Scientific & Imaging in Thousand Oaks, California.
    By Ashley BalzerNASA’s Goddard Space Flight Center, Greenbelt, Md.
    ​​Media Contact:Claire AndreoliNASA’s Goddard Space Flight Center301-286-1940

    MIL OSI USA News –

  • MIL-OSI China: Chinese high-speed trains roll with innovation progress

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

    BEIJING, Oct. 8 — During the week-long National Day holiday ending on Monday, China’s high-speed railway stations were often bustling with crowds. Some passengers could be seen lined up in an orderly fashion as they prepared to board, while others could be spotted browsing their smartphones or using laptops when waiting for their boarding calls.

    The country’s railway sector experienced a surge in passenger traffic on Monday as travelers returned home from their holiday destinations.

    A total of 13,103 trains were in operation on Monday, including 1,705 additional trains scheduled to meet the significant demand. This marked a historic high for a single day’s operational capacity, according to China State Railway Group Co., Ltd.

    China has built the world’s largest high-speed railway network to address the people’s growing demand for convenient and comfortable travel.

    The total operational length of China’s high-speed railway network has exceeded 45,000 kilometers, with Fuxing high-speed trains operating across 31 provincial-level regions nationwide.

    This growing volume of railway transportation is supported by innovations and high-quality development concerning China’s rail transit equipment. Notably, the Fuxing high-speed train project received the State Scientific and Technological Progress Award in June 2024.

    CHINESE RAILWAY INNOVATION

    Once upon a time, the slow train with its signature green color dominated the travel memories of many Chinese people.

    Since the Beijing-Tianjin Intercity Railway, with a design speed of 350 km per hour, entered operation in 2008, a fast-expanding modern high-speed railway network has been operating efficiently in the world’s second-largest economy.

    Now it takes just over eight hours to travel from Hong Kong in south China to Beijing in the north by high-speed rail, a Canadian passenger with the Xiaohongshu username Lao Han, shared on his social media platform this April, while adding that he enjoyed the different views from south to north during the journey.

    Previously, a train connecting the two cities took more than 24 hours to complete a one-way trip.

    Such a rail experience is not confined to the Hong Kong-Beijing trip, with many bullet trains running across the country, reaching a maximum speed of 350 kilometers per hour. CRRC Changchun Railway Vehicles Co., Ltd in Changchun, northeast China’s Jilin Province, one of China’s major rail transit equipment enterprises, has long been contributing to the speeding up of the country’s railway travel options.

    Since the 1990s, China’s railway running speed has been repeatedly and significantly increased, with CRRC Changchun Railway Vehicles introducing a number of upgraded and innovative products to provide equipment support for these accelerations.

    Notably, this company produced China’s first subway train and first group of high-speed trains. The country’s first aluminum alloy subway train, stainless steel subway train, monorail train, low-floor light rail vehicle, linear electric locomotive and automatic subway train were also manufactured in the factories of CRRC Changchun Railway Vehicles.

    In July 2024, the company introduced a high-speed built-in bogie that can meet the needs of Electric Multiple Unit (EMU) trains at a speed of 400 km per hour.

    The high-speed built-in bogie serves as the running system and one of the core components of rail vehicles. “It acts as the legs of an EMU train,” explained Zhou Dianmai, a senior engineer of CRRC Changchun Railway Vehicles. Equipped with such a bogie, a train can run faster and more steadily, while also generating less noise.

    Compared with traditional external bogies, the built-in bogie reduces the weight of the train by 20 percent — which can cut energy consumption by 15 percent during the vehicle’s operation, lower wheel-rail wear by about 30 percent, and reduce wheel-rail noise by around two decibels. In addition, maintenance cost during the whole life cycle is slashed by approximately 15 percent. This product is expected to facilitate the green and energy-saving transformation of EMU trains.

    At the EMU bogie production line of CRRC Changchun Railway Vehicles, a big data analysis platform features key information, such as management costs and resource consumption. Through the processing of real-time data, this platform can generate product design and management suggestions.

    “The big data analysis platform improved the equipment utilization rate by 10 percent and decreased operation and management costs by 10 percent,” said Zhu Yan, deputy chief designer of the Fuxing bullet train at CRRC Changchun Railway Vehicles. Total average annual costs were reduced by more than 5 million yuan (about 700,830 U.S. dollars).

    Through learning from overseas advanced experience and customizing according to China’s unique conditions, the company has achieved both key technologies concerning rail transit equipment and capability in terms of R&D and manufacturing of full-range EMU trains.

    On March 21, 2024, the world’s first city train powered by hydrogen, independently developed by CRRC Changchun Railway Vehicles, conducted its maiden speed test run. Previously, such a combination of hydrogen energy and rail transit equipment had not been achieved.

    Running at a speed of 160 kilometers per hour at full load, the train consumed only five KWh energy per kilometer, while the data measuring each system confirmed stability during the test.

    So far, CRRC Changchun Railway Vehicles has managed to build nine product platforms with advanced EMU, subway trains and maglev trains, covering R&D capabilities in terms of full-type and full-variety rail transit products.

    WELCOME ABOARD CHINESE TRAINS

    China’s high-speed trains, a successful example of independent innovation, are now regarded as a Chinese “calling card” and are welcomed globally.

    Indonesia’s Jakarta-Bandung high-speed railway (HSR) noted in July 2024 that it had carried 4 million passengers since it began commercial operations on Oct. 17, 2023. Indonesian drivers have successfully operated the trains serving the HSR at a speed of 350 kilometers per hour.

    This is the first overseas high-speed railway project fully utilizing Chinese railway systems, technology and industrial components.

    The China Academy of Railway Sciences (CARS) has undertaken supervision and consultation concerning this high-speed railway, and has provided support in fields such as on-site quality control, drawing reviews and technical research.

    The 142.3-km high-speed railway has shortened the journey between Indonesia’s capital, Jakarta, and Bandung, a famous tourist city, to only 40 minutes.

    Meanwhile, a landmark project of high-quality Belt and Road cooperation, namely the China-Laos Railway, began operations in December 2021.

    “Before the China-Laos Railway opened, it took me two days to travel from Vientiane to Mongla by car,” said a Lao passenger. “Now, it takes me about five hours by train, which is very fast and convenient.”

    Another Chinese-built project, the Belgrade-Novi Sad high-speed railway, has transported nearly 8.8 million people between Serbia’s two largest cities since starting operation in 2022.

    At the Third Belt and Road Forum for International Cooperation in October 2023, CRRC Changchun Railway Vehicles signed a purchase contract with Serbia to introduce China’s bullet trains to this country in Eastern Europe.

    Based on a mature and reliable technical platform, both design and production of trains are tailored according to local railway conditions and technical specifications.

    In recent years, the products of CRRC Changchun Railway Vehicles have been exported to 23 countries and regions. The company’s export business model currently covers the full life cycle service of vehicles, and it has set up 11 branches and subsidiaries worldwide.

    “China’s high-speed trains feature high levels of science and technology, strong brand influence and thriving innovation,” said Tao Guidong, a scientist of CRRC.

    MIL OSI China News –

  • MIL-OSI USA: Eshoo Statement on One-Year Anniversary of October 7th Attack

    Source: United States House of Representatives – Congresswoman Anna Eshoo (D-CA)

    WASHINGTON, D.C. – Rep. Anna G. Eshoo (CA-16) today released the following statement on the one-year anniversary of the October 7th Hamas-led attack on Israel:

    “One year ago today, Hamas terrorists perpetrated the deadliest assault on Israeli civilians in the country’s history, with the scale and barbarity of the attack shocking the conscience of the world. On this somber anniversary, I reiterate my call for a negotiated ceasefire in Gaza, the release of all hostages, and an end to the escalatory violence that has brought the Middle East to the brink of regional war. Far too much blood has been spilled, and the time for reconciliation is now.”

    ###

    MIL OSI USA News –

  • MIL-OSI Africa: Britain has neglected Africa and the Commonwealth for over a decade: 4 ways it can reset relations

    Source: The Conversation – Africa – By Nicholas Westcott, Professor of Practice in Diplomacy, Dept of Politics and International Studies, SOAS, University of London

    The United Kingdom is resetting its relations with Africa and other countries in the global south after more than a decade of neglect. At the United Nations in September, British prime minister Keir Starmer promised his government was

    returning the UK to responsible global leadership.

    This should include reconnecting with the countries of the global south which feel they have been neglected and among whom Britain’s voice is now at a discount.

    The new Labour government’s recently launched reviews of Britain’s global impact and its international economic and development policies provide an opportunity to reevaluate and relaunch these relations. The opportunity must be seized for the sake of global stability.

    The post-cold war order is fraying. America is increasingly reluctant to act as a global guarantor for a multilateral system governed by international rules and respecting human rights and freedoms. China, Russia and emerging middle powers such as Iran, Turkey and the Gulf States seem happier with a multipolar system based on the exercise of military and economic power. Meanwhile, the accelerating impact of climate change adds to the challenges to regional stability in Africa, Asia and the Middle East.

    I have followed these questions for nearly 50 years, as an academic and diplomat. Much has changed in those years, but recent British governments have been slow to adapt to these changes. To reconnect with countries in Africa and the global south, Britain needs a new attitude as well as new policies; and, paradoxically perhaps, the Commonwealth can play a constructive role in achieving this.

    Britain’s problem

    Distracted by its domestic political and economic difficulties since Brexit, recent British governments have neglected both Africa and the Commonwealth.

    • Aid has been cut, and policy incoherence exacerbated by the merger between the Foreign and Commonwealth Office and Department for International Development.

    • An investment conference with Africa due earlier in 2024 was scrapped at short notice.

    • Successive prime ministers gave little time to meeting African and other leaders from the global south. They had no answer to the questions being asked about Britain’s relationship with the south.

    Yet Britain’s links to these countries remain strong. Not least through the growing diaspora communities in the UK that are now an integral part of Britain’s social and political fabric. With 5.5 million people of Asian heritage and 2.5 million of African or mixed heritage in the UK in 2021, these bonds need to be politically recognised.

    Read more: How Commonwealth countries have forged a new way to appoint judges

    Most of those Britons come from Commonwealth countries. The Commonwealth as an organisation is no substitute for closer engagement with individual countries. But it provides a forum where connections can be made and a new, more equal relationship built.

    Though British governments have neglected it, King Charles, the ceremonial head of the Commonwealth, has not, as his visit to Kenya in 2023 showed. And other countries are still seeking to join, as Gabon and Togo did last year.

    Commonwealth heads of government meeting

    From 21-26 October Samoa will host the biennial Commonwealth Heads of Government meeting (Chogm), which will choose a new secretary-general – this time from Africa. The summit brings together representatives from every continent: from G7 members to least developed countries, from the most populous country (India at 1.45 billion people) to the smallest (Tuvalu with under 10,000), from major greenhouse gas emitters to small islands at risk of disappearing beneath the sea.

    Despite its imperial origins, the Commonwealth is an international network that cuts across the multi-polarity that risks dividing the world. It includes countries from the global south, the global north and the global east. The diversity makes it an ideal forum for honest conversations on difficult issues like climate change and multilateral institutional reform.

    Unlike the recent Forum on China-Africa Cooperation (Focac) in Beijing, the Commonwealth is an organisation run by its members. They share common values and interests as well as a common language. They come together to exchange ideas, not pledges of investment or aid. Its traditions of democracy and equality between members make it unique and valuable. It provides, for example, a ready-made network of global influence for any member state. For small island states, particularly in the Caribbean and Pacific, it is one forum where their voices can be amplified.

    This is important. With the community of nations struggling to address global challenges of the scale of climate change and pandemics, or to resolve regional conflicts, opportunities to build consensus are needed more than ever. The wars in Ukraine, the Middle East, the Sahel and the Horn of Africa are a portent of things to come if we fail to sustain a global structure that can resolve rather than exacerbate such conflicts. UN peacemaking efforts might then be crowned with success rather than with futility and frustration.

    What Britain needs to do

    Britain is only one among many voices, so it needs a persuasive narrative that will help preserve a world order that can tackle humanity’s challenges, rather than one that simply fights over what is left. The Commonwealth, like the UN, is a place where the UK can start building support for a more equal and more effective global system.

    A new narrative, and a new relationship with Africa and the global south, should be based on four elements.

    Firstly, repentance for sins past. Britain’s empire played a central role in making the modern world, for better and worse. While the better is often taken for granted, the sins of empire still rankle, and – like a stone in the shoe – will distract relations. Best therefore to acknowledge them, and move forward.

    Secondly, the new relationship must be based on mutual respect and partnership. In particular, the age of traditional development programmes with their paternalistic tendencies is past. What countries in the global south are seeking, as many feel they do get from China, is a genuine partnership of equals that recognises the relationship as a whole and focuses on the political as well as economic sources of growth.

    Thirdly, Britain needs to work with African and other southern governments to amplify their voice in multilateral institutions such as the UN and international financial institutions, so that those institutions genuinely protect their interests and those countries defend the institutions.

    Finally, Britain needs to engage with the public as much as with governments in these countries. The BBC World Service, the British Council and Britain’s education sector are becoming more important in challenging disinformation as the battle of narratives hots up. Now is the time to reinforce them, not let them fade away.

    A new narrative along these lines at Chogm, and incorporated into the government’s reviews, could be the start of a genuine reset in Britain’s relationship with the global south, to the benefit of all.

    – Britain has neglected Africa and the Commonwealth for over a decade: 4 ways it can reset relations
    – https://theconversation.com/britain-has-neglected-africa-and-the-commonwealth-for-over-a-decade-4-ways-it-can-reset-relations-239852

    MIL OSI Africa –

  • MIL-OSI Canada: Canada to re-open 10-year green bond

    Source: Government of Canada News

    This re-opening follows the successful issuance of a 10-year, $4 billion green bond in February 2024, which saw robust investor demand as demonstrated by a final order book of $7.4 billion. The February issuance is the government’s second green bond, following the successful issuance of Canada’s first 7.5-year, $5 billion green bond in March 2022.

    October 8, 2024 – Ottawa, Ontario – Department of Finance Canada

    The Government of Canada is announcing its plan to re-open its second Canadian-dollar-denominated green bond this week, subject to market conditions.

    This re-opening follows the successful issuance of a 10-year, $4 billion green bond in February 2024, which saw robust investor demand as demonstrated by a final order book of $7.4 billion. The February issuance was the government’s second green bond, following the successful issuance of Canada’s first 7.5-year, $5 billion green bond in March 2022.

    The government’s intent is to proceed with two transactions in fiscal year 2024-25—today’s re-opening and a separate offering at a later date—to meet the planned green bond issuance target outlined in Budget 2024.

    This offering will be the second under Canada’s updated Green Bond Framework, released on November 21, 2023. Canada is the first sovereign borrower to include certain nuclear expenditures in a green bond, demonstrating Canada’s commitment to being a global leader in clean nuclear power.

    Canada’s green bond program is supporting the growth of the sustainable finance market in Canada, and around the world, and advancing Canada’s investments in clean growth, renewable energy, climate action, and environmental protection. Green bonds unlock private financing to speed up projects such as green infrastructure and nature conservation.

    The Government of Canada’s green bonds will meet demand from investors seeking green investment opportunities backed by Canada’s AAA credit rating, while contributing to the development of a stronger sustainable finance market in Canada.

    • To support the growth of the sustainable finance market in Canada, in March 2022 the government launched the federal green bond program. Mobilizing capital through green bonds is an important element of Canada both meeting its 2030 emissions reduction targets and achieving net-zero emissions by 2050. Green bond projects will grow Canada’s economy and create more good-paying jobs across the country.

    • In March 2023, the government published its inaugural allocation report on the distribution of green bond proceeds, and an allocation and impact report in 2024. 

    • In November 2023, the Government of Canada updated its Green Bond Framework to make certain nuclear expenditures eligible, in line with the government’s position that nuclear power is vital, clean technology for Canada’s path to net-zero emissions by 2030, as well as updated taxonomies, international best practices, and evolving investor preferences.

    • Canada’s Green Bond Framework is aligned with the green bond frameworks of other sovereign issuers that have been widely accepted by green bond investors and market indices. Other sovereign green bond issuers include France, Germany, Sweden, Spain, Italy, and the United Kingdom.

    • Green bonds issued under the initial Framework continue under its parameters, and no proceeds from the first green bond issued in March 2022 will be allocated to nuclear related expenditures by the Government of Canada.

    • Sustainalytics, an independent environmental, social and governance (ESG) research group, concluded that Canada’s Green Bond Framework is a credible and transparent plan to deliver positive environmental benefits.

    MIL OSI Canada News –