Category: KB

  • MIL-OSI Russia: Cinema Weekend at the Moskino Cinema Park

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On October 5 and 6, the Moskino Kinopark will host an entertainment program. Adults and children will be able to act in scenes from iconic Soviet films, attend dance, music and creative workshops, and take part in costumed photo sessions. Immersive shows, quests and a concert program will be held in natural settings. At the Moskino Kinopark cinema, guests will see both classics and the latest releases from Russian cinema. Of course, cartoons await children.

    The Moskino Cinema Park is part of the Moscow Mayor’s project “Moscow — City of Cinema” and a facility of the Moscow Cinema Cluster. The first stage of development has been completed — 18 natural sites, four pavilions and six infrastructure facilities have been built, including the sets “Center of Moscow”, “Vitebsk Railway Station”, “Partisan Village”, “County Town”, “Cowboy Town”, “Pitersky Bar”, “Streets of Berlin”, “City Yard”, as well as the Fairy Tale Park for children.

    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/319842257/

    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 Economics: The next step in Bing generative search

    Source: Microsoft

    Headline: The next step in Bing generative search

    In July, we introduced an early view of generative search in Bing, and today we’re taking the next step as we continue to evolve our vision of the future of search.

    With the introduction of generative search, Bing utilizes AI to deliver a truly unique experience by not only optimizing the search results but also how those results appear in a cohesive layout. This transformation is more than aesthetic; it’s about creating a seamless experience that empowers you to explore, learn, and find information in new ways.

    The search engine has also remained at the core of where humans turn to answer a question. That’s why today we’re rolling out an expansion of generative search to cover informational queries such as “how to effectively run a one on one” and “how can I remove background noise from my podcast recordings.” Whether you’re looking for a detailed explanation, solving a complex problem, or doing deep research, generative AI helps deliver a more profound level of answers that goes beyond surface-level results.

    You can explore the look, feel, and capabilities of generative search in Bing in the US by simply typing “Bing generative search” into the search bar. You’ll be met with a carousel of queries to select and demo, allowing you to experience how generative search can deliver more relevant and comprehensive answers for a wide range of topics.

    You can also try generative search for other queries through the “Deep search” button on the results page. While we’re excited to give you this opportunity to explore generative search firsthand, this experience is still being rolled out in beta. You may notice a bit of loading time as we work to ensure generative search results are shown when we’re confident in their accuracy and relevancy, and when it makes sense for the given query. You will generally see generative search results for informational and complex queries, and it will be indicated under the search box with the sentence “Results enhanced with Bing generative search” as you can see in the GIF below.

    Bing generative search is just the first step in upcoming improvements to define the future of search. We’re continuing to roll this experience out slowly to ensure we deliver a quality experience before making this broadly available. We also continue to ensure there are additional citations and links that enable users to explore further and check accuracy, which in turn will send more traffic to publishers to maintain a healthy web ecosystem.

    Please let us know what you think by utilizing the thumbs up and thumbs down icons at the top of the generative search results or click the Feedback icon at the bottom of the search results page to provide further comments.

    We look forward to sharing more updates in the coming months.

    MIL OSI Economics

  • MIL-OSI Security: U.S. Attorney Steinberg cautions against disaster fraud in the wake of Hurricane Helene

    Source: United States Department of Justice (National Center for Disaster Fraud)

    SAVANNAH, GA:  Southern District of Georgia U.S. Attorney Jill E. Steinberg reminds residents to be wary of disaster-related fraud in the wake of Hurricane Helene’s destructive path.

    “Like moths to a flame, scam artists and profit-chasing individuals too often prey on vulnerable victims of natural disasters, such as those devastated by Hurricane Helene,” said U.S. Attorney Steinberg. “Vigilance is the first defense against fraudsters who would compound the misery of a natural disaster by stealing from those in desperate need of assistance in recovery, and our office stands ready to assist in holding accountable individuals who would take advantage of disaster victims.”

    President Joe Biden has approved a major disaster declaration for Georgia, ordering federal aid to supplement state and local recovery efforts in the areas affected by Hurricane Helene. Of the 43 counties in the Southern District of Georgia, 30 are included in the disaster declaration.

    Established in 2005 after Hurricane Katrina, the National Center for Disaster Fraud (NCDF) is a partnership of the U.S. Department of Justice and law enforcement and regulatory agencies that coordinates detection, prevention, investigation, and prosecution of fraud related to natural and man-made disasters, and to advocate for victims of fraud.

    Of more than 200,000 disaster fraud complaints submitted to the NCDF, here are some examples of common complaints:

    • Fake charities soliciting donations either using the names of well-known charities or appearing to be related to the disaster.
    • Scammers impersonating government officials, offering disaster relief in exchange for personal information or money.
    • Individuals posing as insurance provider representatives to collect payments or personal information.
    • Fraudsters promising expedient home repairs requiring upfront or partial payment.
    • Price-gouging for goods and services needed by victims of disaster.

    Take these measures to protect yourself from disaster fraud:

    • Donate only to well-known charities after verifying them through trusted sources.
    • Do not respond to unsolicited requests for donations via email, phone, or text, and do not click on links in unsolicited messages.
    • Do not assume that online or social media charity solicitations are legitimate.
    • Use credit cards or checks for donations. Don’t send cash, or use wire transfers or mobile payment apps.
    • Remember that government agencies and legitimate organizations will never ask for money or personal information via phone or email.
    • Beware of contractors who knock on your door or make unsolicited contact, and/or make promises that sound too good to be true.
    • Cautiously rely on recommendations from family and friends.
    • Do not be forced into making repair decisions by a high-pressure contractor.

    Protect yourself and your neighbors. To report disaster-related fraud, contact the NCDF at (866) 720-5721 or online at http://www.justice.gov/DisasterComplaintForm.

    MIL Security OSI

  • MIL-OSI Translation: Minister Champagne to Participate in Conversation on Canada’s Leadership in Artificial Intelligence at Elevate Festival

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Media Advisory

    October 2, 2024 – Toronto, Ontario

    The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will join AmberMac Media President Amber Mac for a conversation during the Elevate Festival (English). Minister Champagne will discuss the government’s plans to strengthen Canada’s leadership, including a focus on artificial intelligence, which has the potential to transform industries, fuel economic growth and strengthen Canada’s global position in technology. Elevate Festival brings together leading innovators, industry leaders and members of the technology ecosystem to showcase Canada’s technology and innovation ecosystem on the international stage.

    Date: Thursday, October 3, 2024

    Time: 2:55 p.m. (Eastern Time)

    Location: Toronto, Ontario

    Media representatives are requested to register to confirm their attendance and obtain event location details:Rachael D’AmoreElevate Festival PR | Senior Director, Category Communicationsrd@categorycomms.com

    Contact persons

    Audrey MilettePress SecretaryOffice of the Minister of Innovation, Science and Industryaudrey.milette@ised-isde.gc.ca

    Media RelationsInnovation, Science and Economic Development Canadamedia@ised-isde.gc.ca

    Stay Connected

    For more information or to learn about the services offered by the Ministry, visit the websiteInnovation, Science and Economic Development Canada.

    Follow Innovation, Science and Economic Development Canada on social media.X (Twitter): @ISDE_CA | Facebook: Canadian Innovation | Instagram: @innovationcdn | LinkedIn: Innovation, Science and Economic Development Canada

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

    MIL Translation OSI

  • MIL-OSI Translation: Calgary’s South Fish Creek Complex Receives Funding for Green Improvements

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – MIL OSI Regional News in French

    Press release

    Calgary, Alberta, May 2, 2024 — Energy upgrades are coming to the South Fish Creek complex thanks to a joint investment of more than $1.2 million from the federal government, the YMCA of Calgary and the complex’s partners.

    Announced by MP George Chahal and Shannon Doram, President and CEO of the YMCA of Calgary, this project will extend the life of the facility and improve energy efficiency. The South Fish Creek complex has served the needs of Calgarians for over twenty years. These renovations will extend the life of the facility, improve air quality and energy efficiency, and reduce greenhouse gas emissions. By replacing the systems that keep the complex running, the YMCA will be able to continue to provide important services and programs that meet the needs of children, youth, newcomers and residents of all ages and backgrounds.

    The YMCA of Calgary will replace its current heating systems with more efficient models and upgrade air handling units. These upgrades are expected to generate cost savings that can be reallocated to meet the community’s future needs. The upgrades will allow the systems that help operate the complex to adapt to a changing environment, maintaining a comfortable atmosphere and improved air quality during the cold winter months and the scorching summer months.

    The Green and Inclusive Community Buildings (GICB) program aims to improve the places where Canadians work, learn, play, live and gather by reducing pollution and costs, while supporting thousands of good jobs. By making green and other improvements to existing public community buildings and constructing new buildings in underserved communities, the Green and Inclusive Community Buildings program helps ensure the inclusivity, accessibility and longevity of community facilities, while helping Canada achieve its net-zero emissions targets by 2050.

    Quotes

    “The Shawnessy YMCA plays an important role in our community by preparing our children, youth, newcomer neighbours and people of all ages and backgrounds for success. The Green and Inclusive Community Buildings program encourages innovative and clean solutions to help Canada adapt to a greener, lower-carbon economy. With the funding announced today, the South Fish Creek complex will be able to continue to meet the needs of Calgarians for years to come.”

    George Chahal, Member of Parliament for Calgary Skyview, on behalf of the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities

    “The Shawnessy YMCA is an important community hub that provides Calgary’s rapidly growing southwest quadrant with a place to play, grow and connect. The Government of Canada’s investment through the Green and Inclusive Community Buildings Program will enable the YMCA Calgary to be more energy efficient and help us deliver the programs and services that are essential to building vibrant communities for years to come. We are pleased to partner with the Government of Canada to address climate change and build community resilience.”

    Shannon Doram, President and CEO of the YMCA of Calgary

    “As the building owner of the South Fish Creek Recreation Centre, the City of Calgary is pleased with the energy efficiency upgrades made by the YMCA of Calgary. Not only will these upgrades ensure the facility will be available for future generations of Calgarians, they will also reduce the building’s carbon footprint. Addressing climate change is a strategic priority for the City of Calgary, and supporting our partners to reduce emissions is a key part of delivering on City Council’s commitment.”

    Tim Mowrey, Manager, Recreation, Sports and Community Partners, City of Calgary

    Quick Facts

    The federal government is investing $979,800 in this project through the Green and Inclusive Community Buildings (GICB) Program, and the YMCA of Calgary is providing $244,950.

    These improvements are expected to result in annual fuel savings of approximately 20.5% for the facility and a reduction in greenhouse gas emissions of 268 tonnes.

    The Green and Inclusive Community Buildings (GICB) program was created to support Canada’s Strengthened Climate Plan: A Healthy Environment and a Healthy Economy. It supports the first pillar of the Plan by reducing greenhouse gas emissions and increasing energy efficiency, and by helping to build resilience to climate change.

    The program provides $1.5 billion over five years for modernization, repair or improvement work that promotes the environment and accessibility.

    At least 10% of the funds are allocated to projects for First Nations, Inuit and Métis communities, which includes Indigenous populations in urban centres.

    The application period for the Green and Inclusive Community Buildings program is now closed.

    On December 18, 2023, the federal government launched the Prairie Green Economy Framework, which highlights the need for a collaborative, regional approach to sustainability, focused on strengthening the coordination of federal programs and initiatives with significant investments. The Framework is the first step in a journey that will bring together many stakeholders. PrairiesCan, the federal department responsible for diversifying Canada’s Prairie economy, has committed $100 million over three years to support projects aligned with priority areas identified by Prairie stakeholders to create a stronger, more sustainable and inclusive economy for the Prairie provinces and Canada.

    Infrastructure Canada supports the Prairie Green Economy Framework to encourage greater collaboration on investment opportunities, leverage additional funding and attract new investment to the Prairies to better meet needs.

    Related links

    Contact persons

    For further information (media only), please contact:

    Micaal Ahmed Manager, CommunicationsOffice of the Minister of Housing, Infrastructure and Communities343-598-3920micaal.ahmed@infc.gc.ca

    Media Relations Infrastructure Canada613-960-9251Toll free: 1-877-250-7154Email: media-medias@infc.gc.caFollow us on Twitter, Facebook, Instagram And LinkedInWebsite: Infrastructure Canada

    Dean Paddock Vice President, Community EngagementYMCA of CalgaryDean.Paddock@calgary.ymca.ca

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

    MIL Translation OSI

  • MIL-Evening Report: OECD comparisons reveal an unflattering picture of inequality in NZ – could that change?

    Source: The Conversation (Au and NZ) – By Colin Campbell-Hunt, Emeritus Professor in Business, University of Otago

    Getty Images

    Recent research showing the richest New Zealanders pay less tax than their counterparts in nine similar OECD countries raises, yet again, serious questions about wealth, equality and fairness.

    How unequal is the distribution of income in New Zealand? How do we compare with some of the countries we might benchmark against? And, if we don’t like what we see, can we change it?

    The metric most widely used by economists to measure inequality in incomes is called the Gini coefficient (named after the Italian statistician Corrado Gini who developed it).

    It brings together income data across all households, typically divided into groupings of 10% or 20% of the total. When there is no inequality of incomes between groups, Gini equals zero. When the top group captures all income, Gini equals 1.

    Measuring inequality

    The graph below shows Gini coefficients, before taxes and welfare payments (known as “transfers”), for all 37 countries in the OECD in 2019 (before the COVID pandemic disrupted household surveys). Ginis are ranked left to right, from least to most unequal.



    The Gini before taxes and transfers is a measure of the inequality produced by the structures of a country’s economy: the way value chains operate, the markets for products and services, the scarcity of certain skills, rates of unionisation, and so on.

    This gives us a measure of structural inequalities in a country. Governments, however, use taxes and transfers to shift income between households. They take taxes from some and boost incomes of the more disadvantaged.

    Ginis of incomes after taxes and transfers give us a measure of how well members of a society can support similar standards of living. They are shown in the following graph, again from least to most unequal. These give us a measure of social inequalities.



    Focusing just on social inequality, it is no surprise Scandinavian countries are among the least unequal, as well as Canada and Ireland. Neither is it surprising the UK and US approach the highest levels of social inequality in the OECD.

    Inequalities in Australia and New Zealand lie between these, but further from the Scandinavians and closer to the Anglo-Americans.

    Social inequality in NZ

    When we look at the difference between structural and social inequalities, we can see the extent to which taxes and transfers – government redistribution of income – reduce inequality.

    As we can see, New Zealand’s structural inequality, shaped by the economic reforms of the mid-1980s, is middling by comparison to other OECD countries.

    But New Zealand’s social inequality lies near the bottom third of OECD measures. A halving of top income tax rates in the mid-1980s and the rollback of the welfare state in the 1990s (after then finance minister Ruth Richardson’s 1991 “mother of all budgets”) significantly contributed to this.

    The downward columns in the following graph show the effect of government redistributive measures, ranked from most to least active. The result of these government redistributions in New Zealand is weaker even than in the laissez-faire economies of the United Kingdom and United States.



    Where does NZ sit?

    How do New Zealand’s inequalities compare with countries we might choose to benchmark against?

    Below, the Scandinavian countries famous for their egalitarian social systems are shown in orange. In green are countries that tolerate slightly higher social inequality: Sweden, Canada and Ireland.

    And the UK and US – exemplars of free-market capitalism that were the models for New Zealand’s reforms of the mid-1980s – are highlighted in grey.



    Reducing inequality

    How hard would it be to change? Could New Zealand, for example, reduce its level of social inequality to match Canada? Absolutely, yes.

    Other OECD data show Canada significantly cut its inequalities between 2010 and 2019. The country moved from a position identical to Luxembourg (haven for Europe’s wealthy) to be roughly level with Sweden.

    To match Canada’s level now, New Zealand would need to reduce structural inequalities further, or redistribute about as much as Norway and Denmark do. It can be done, in other words.

    Indeed, Finland shows government redistributions can transform some of the worst levels of structural inequality to produce outcomes comparable to other Scandinavian countries.

    New Zealand can aspire to goals for social equality matching those in the upper half of OECD countries. Beyond revisions to taxation and transfers, inequalities in health and education would also need to come down to reduce the social and economic costs of poverty and disadvantage that should bring shame to us all.


    The author acknowledges the contribution of data provided by Max Rashbrooke.


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

    ref. OECD comparisons reveal an unflattering picture of inequality in NZ – could that change? – https://theconversation.com/oecd-comparisons-reveal-an-unflattering-picture-of-inequality-in-nz-could-that-change-239306

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Translation: Media Advisory: Infrastructure Announcement in Edmonton, Alberta

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – MIL OSI Regional News in French

    Media Advisory

    Edmonton, Alberta, May 2, 2024 — Members of the media are invited to an infrastructure announcement with The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages and Jordan Reiniger, Executive Director, Boyle Street Community Services.

    Date: Friday, May 3, 2024

    Time: 11:30 AM (MTD)

    Location: okimaw peyesew kamik (King Thunderbird Centre)10010 107a AveEdmonton, AB T5H 4H8

    Contact persons

    For further information (media only), please contact:

    Mathis Denis Press OfficerOffice of the Minister of Employment, Workforce Development and Official Languages343-573-1846mathis.denis@hrsdc-rhdcc.gc.ca

    Media Relations Infrastructure Canada613-960-9251Toll free: 1-877-250-7154Email: media-medias@infc.gc.caFollow us on Twitter, Facebook, Instagram And LinkedInWebsite: Infrastructure Canada

    Elliott Tanti Director, Communications and EngagementBoyle Street Community Services587-338-4025etanti@boylestreet.org

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

    MIL Translation OSI

  • MIL-OSI Reportage: Education key to open banking success, BNZ survey finds

    Source: BNZ statements

    While many New Zealanders have heard of open banking, few understand its benefits, according to new research from BNZ.*

    Open banking gives bank customers the power to control and securely share their financial data with trusted third parties like fintechs.

    Access to that data means banks and fintechs can create highly tailored products and services, such as apps that offer insights into spending habits, budget planning and savings goals, or that instantly share financial information with multiple lenders, making it easier and faster to apply for a loan.

    “Our survey found that while 60% of respondents have heard of open banking, only a quarter (26%) have some understanding of what it means,” says Karna Luke, BNZ Executive, Customer Products and Services.

    “However, after learning more about its capabilities, nearly three-quarters (73%) expressed an interest in using open banking services.

    “This shows that New Zealanders are very open to new ways of managing their finances but need the right information to feel confident about using the technology,” says Luke.

    The survey also shed light on some risky practices highlighting a need for greater education. Two-thirds (66%) of respondents reported having used payment services that rely on screen scraping. This practice puts users’ data at risk by requiring them to share their online banking login credentials with third parties to access certain services.

    “Open banking provides a safe and secure way to share your financial data with trusted third parties without ever having to disclose your banking login details. It’s much more secure than screen scraping, but our survey shows a big gap between awareness and understanding of open banking’s benefits, particularly around security,” says Luke.

    Bridging the knowledge gap

    Luke says education is key to building the trust and confidence needed to drive greater adoption of open banking and realise its benefits.

    “At BNZ, we’ve been collaborating with fintechs since 2018 to develop innovative products and services that showcase open banking’s potential, and we’ve developed content and resources to inform and engage our customers about the benefits. Already, more than 250,000 BNZ customers are using apps and other services made possible through open banking.”

    “While we’ve made good progress, there’s still more work to be done to educate New Zealanders about the benefits of open banking and build trust in its capabilities. This will be crucial to ensure that everyone can take advantage of the huge potential open banking offers.”

    Luke highlighted the importance of the Consumer Data Right (CDR), which is currently progressing through Parliament as part of the Customer and Product Data Bill. The CDR sets rules around how customer data is shared and managed and ensures legal safeguards are in place to protect New Zealanders.

    “While banks have been working hard to build the technology needed for open banking, the CDR will provide the rules and protections necessary to ensure people feel secure and confident using these new services,” Luke says.

    “The Government’s commitment to investigate opportunities for early adoption of open banking by government agencies, in line with recommendations from the Commerce Commission, is also a welcome move which could significantly boost public trust and understanding.

    “We’re committed to working alongside regulators and the wider industry to ensure that open banking delivers on its promise of greater financial empowerment and choice for all New Zealanders.”

    For more information about open banking and BNZ’s initiatives, visit bnz.co.nz/openbanking.

    *Source:  BNZ Voice customer panel survey, 18th to 28th July 2024. Total responses: n=355. The profile of participating customers was not controlled for this survey.

    The post Education key to open banking success, BNZ survey finds appeared first on BNZ Debrief.

    MIL OSI Analysis

  • MIL-Evening Report: How can we improve public health communication for the next pandemic? Tackling distrust and misinformation is key

    Source: The Conversation (Au and NZ) – By Shauna Hurley, PhD candidate, School of Public Health, Monash University

    Pexels/The Conversation

    There’s a common thread linking our experience of pandemics over the past 700 years. From the black death in the 14th century to COVID in the 21st, public health authorities have put emergency measures such as isolation and quarantine in place to stop infectious diseases spreading.

    As we know from COVID, these measures upend lives in an effort to save them. In both the recent and distant past they’ve also given rise to collective unrest, confusion and resistance.

    So after all this time, what do we know about the role public health communication plays in helping people understand and adhere to protective measures in a crisis? And more importantly, in an age of misinformation and distrust, how can we improve public health messaging for any future pandemics?

    Last year, we published a Cochrane review exploring the global evidence on public health communication during COVID and other infectious disease outbreaks including SARS, MERS, influenza and Ebola. Here’s a snapshot of what we found.




    Read more:
    Why are we seeing more pandemics? Our impact on the planet has a lot to do with it


    The importance of public trust

    A key theme emerging in analysis of the COVID pandemic globally is public trust – or lack thereof – in governments, public institutions and science.

    Mounting evidence suggests levels of trust in government were directly proportional to fewer COVID infections and higher vaccination rates across the world. It was a crucial factor in people’s willingness to follow public health directives, and is now a key focus for future pandemic preparedness.

    Here in Australia, public trust in governments and health authorities steadily eroded over time.

    Initial information from governments and health authorities about the unfolding COVID crisis, personal risk and mandated protective measures was generally clear and consistent across the country. The establishment of the National Cabinet in 2020 signalled a commitment from state, territory and federal governments to consensus-based policy and public health messaging.

    During this early phase of relative unity, Australians reported higher levels of belonging and trust in government.

    But as the pandemic wore on, public trust and confidence fell on the back of conflicting state-federal pandemic strategies, blame games and the confusing fragmentation of public health messaging. The divergence between lockdown policies and public health messaging adopted by Victoria and New South Wales is one example, but there are plenty of others.

    When state, territory and federal governments have conflicting policies on protective measures, people are easily confused, lose trust and become harder to engage with or persuade. Many tune out from partisan politics. Adherence to mandated public health measures falls.

    Our research found clarity and consistency of information were key features of effective public health communication throughout the COVID pandemic.

    We also found public health communication is most effective when authorities work in partnership with different target audiences. In Victoria, the case brought against the state government for the snap public housing tower lockdowns is a cautionary tale underscoring how essential considered, tailored and two-way communication is with diverse communities.




    Read more:
    What pathogen might spark the next pandemic? How scientists are preparing for ‘disease X’


    Countering misinformation

    Misinformation is not a new problem, but has been supercharged by the advent of social media.

    The much-touted “miracle” drug ivermectin typifies the extraordinary traction unproven treatments gained locally and globally. Ivermectin is an anti-parasitic drug, lacking evidence for viruses like COVID.

    Australia’s drug regulator was forced to ban ivermectin presciptions for anything other than its intended use after a sharp increase in people seeking the drug sparked national shortages. Hospitals also reported patients overdosing on ivermectin and cocktails of COVID “cures” promoted online.

    The Lancet Commission on lessons from the COVID pandemic has called for a coordinated international response to countering misinformation.

    As part of this, it has called for more accessible, accurate information and investment in scientific literacy to protect against misinformation, including that shared across social media platforms. The World Health Organization is developing resources and recommendations for health authorities to address this “infodemic”.

    National efforts to directly tackle misinformation are vital, in combination with concerted efforts to raise health literacy. The Australian Medical Association has called on the federal government to invest in long-term online advertising to counter health misinformation and boost health literacy.

    People of all ages need to be equipped to think critically about who and where their health information comes from. With the rise of AI, this is an increasingly urgent priority.

    Many people turned to unproven treatments for COVID.
    Alina Kruk/Shutterstock

    Looking ahead

    Australian health ministers recently reaffirmed their commitment to the new Australian Centre for Disease Control (CDC).

    From a science communications perspective, the Australian CDC could provide an independent voice of evidence and consensus-based information. This is exactly what’s needed during a pandemic. But full details about the CDC’s funding and remit have been the subject of some conjecture.

    Many of our key findings on effective public health communication during COVID are not new or surprising. They reinforce what we know works from previous disease outbreaks across different places and points in time: tailored, timely, clear, consistent and accurate information.

    The rapid rise, reach and influence of misinformation and distrust in public authorities bring a new level of complexity to this picture. Countering both must become a central focus of all public health crisis communication, now and in the future.

    This article is part of a series on the next pandemic.

    Rebecca Ryan receives funding from the National Health and Medical Research Council through funding to Australian Cochrane entities, and was previously commissioned by the World Health Organization to undertake a rapid evidence review on communication for COVID-19 prevention and control (2020).

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

    ref. How can we improve public health communication for the next pandemic? Tackling distrust and misinformation is key – https://theconversation.com/how-can-we-improve-public-health-communication-for-the-next-pandemic-tackling-distrust-and-misinformation-is-key-226718

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI NGOs: France/Azerbaijan: Killing of President Aliyev’s critic exposes failures to protect exiled activists

    Source: Amnesty International –

    Reacting to the fatal stabbing of Azerbaijani human rights defender Vidadi Isgandarli in France, where he had been living in exile, Natalia Nozadze, Amnesty International’s Researcher for South Caucasus, said:

    “The violent death of Vidadi Isgandarli must be effectively and promptly investigated. We call on the French authorities to consider all possible motives for his killing, including his criticism of the Azeri president and government, which was the reason for his exile. This heinous crime must be addressed urgently, and all those suspected of criminal responsibility are brought to justice in fair trials.

    We call on the French authorities to consider all possible motives for his killing, including his criticism of the Azeri president and government, which was the reason for his exile

    Natalia Nozadze, Amnesty International’s Researcher for South Caucasus

    “This is the second time in recent years that an Azerbaijani living in exile in France has been the victim of a knife attack. The French government must ensure effective protection of individuals at risk who are seeking international protection in France. The world needs to know who is responsible for these attacks against Azerbaijani emigres on French soil and steps taken to prevent this happening again.”

    Background

    Vidadi Isgandarli, a human rights defender known for his outspoken criticism of Azerbaijan’s government and of President Ilham Aliyev, was attacked at his apartment in Mulhouse, France, on 29 September and died of his injuries in hospital two days later. He had been violently assaulted and stabbed more than 20 times.

    Vidadi Isgandarli sought international protection in France in 2015 after facing persecution in his home country.

    In March 2021, Mahammad Mirzali, an Azerbaijani blogger and opposition figure, was stabbed 16 times in Nantes, France, but survived. The French authorities launched an investigation, which led to the arrest of six suspects. The mastermind behind the attack has not been named. Mahammad Mirzali has since been put under a protection scheme.

    MIL OSI NGO

  • MIL-Evening Report: How to help your child return to school after a long illness, new diagnosis or an accident

    Source: The Conversation (Au and NZ) – By Sarah Jefferson, Senior Lecturer in Education, Edith Cowan University

    It is very common for children to have a day or two away from school due to illness. But children can also miss much longer periods of schooling if they have a serious illness or injury.

    This could be a severe episode of mental illness, a diagnosis of Type 1 diabetes or in my family’s case, our youngest child being hit by a car at a pedestrian crossing, requiring months of rehab.

    After the initial shock, treatment and recovery, families then need to navigate a complex return to school – to make things as normal as possible for the student while handling their ongoing medical needs.

    How can families support their child?

    How many students are missing school?

    There are many reasons why children may need to have a significant break from school.

    At least one in every ten children under the age of 14 live with a chronic health condition.

    These conditions, which can include heart disease, diabetes and asthma, mental illness and cancers can lead to weeks or months in hospital.

    A 2018 study found 70,000 Australians under 16 are also hospitalised with a serious injury each year.

    Students can end up missing a significant amount of school due to injury or chronic illness.
    moonmovie/Shutterstock

    Come back with a plan

    We know going to school is central to children’s social and emotional wellbeing, as well as their academic progress. So getting back to school is a key part of a student’s ongoing health and wellbeing.

    The Royal Children’s Hospital Melbourne warns children can get mentally and physically tired after a long or serious illness.

    So they recommended returning to school gradually. Students may just go for half days or for a few hours initially.

    To make this as smooth as possible, parents or caregivers should meet with the school before you hope to return. This meeting should include the student if possible, relevant teachers (such as class teachers and year-level coordinators) and school nurse.

    Not all schools have a dedicated nurse. But if there is one available, they can play an important liaison role and manage a child’s medications or situation at school. If there is no nurse, make sure you include the school’s administration team.

    The meeting with the school should make a clear plan around what new support the student needs and how they will receive this. They may need changes to their uniform, timetable or where they physically go in the school. Students may also need extra time to do work, extra academic help and extra breaks.

    Families may also want to schedule regular catch-ups with the school.

    Students may not initially be able to return to school full time.
    engagestock/Shutterstock

    How is the student feeling?

    Children can be worried about not fitting in, especially if something significant has happened to them that makes them feel different from their peers. They may not want a huge fuss when they come back.

    Arranging time to talk to or see friends before they come back can help ease a student into their new routine.

    Depending on the situation, you could enlist a trusted buddy to help with bags or walk a bit more slowly with them between classes.

    Or students may get special permission to leave class a bit early to avoid crowds, or to be able to go and see the nurse without asking the teacher each time and drawing attention to themselves.

    As your child returns, make sure the focus is not just on catching up academically but catching up with friends as well. If their hours are reduced at school, try and allow for social time (such as including recess or lunch) as well as lessons.

    Your child will likely be dealing with a lot, both mentally and physically. So keep talking to them as much as possible about how they are feeling and going as they return.

    Things may have changed for them (and for you), but with time and support, school can feel like a normal part of life again.

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

    ref. How to help your child return to school after a long illness, new diagnosis or an accident – https://theconversation.com/how-to-help-your-child-return-to-school-after-a-long-illness-new-diagnosis-or-an-accident-240012

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Return-to-office mandates may not be the solution to downtown struggles that Canadian cities are banking on

    Source: The Conversation (Au and NZ) – By Alexander Wray, PhD Candidate in Geography, Western University

    In recent months, many Canadian employers in both the public and private sectors have implemented return-to-office mandates, requiring workers that transitioned to remote or hybrid work during the COVID-19 pandemic to work in-person again.

    Employers are justifying these mandates by arguing they improve productivity, build more collaborative teams and improve mentorship for junior employees.

    Employers are not the only group ecstatic about these mandates. Municipalities and business owners are also expressing hope that the presence of office workers will spin off into greater consumer spending at restaurants and other businesses near office buildings. The expectation is that office workers will once again start spending money on coffee, lunch or after-work beverages.

    In 2022, the mayor of Ottawa partially blamed the downtown core’s economic struggles on the fact that federal public service workers were still largely working remotely. Federal workers have since been mandated to return to work in-person three days a week in late fall.

    The Canadian Federation of Independent Business similarly criticized the slow return to offices as a leading factor behind why small and medium-size businesses, especially restaurants and bars, are facing challenges in downtown areas.

    Insight into restaurant success

    During the pandemic, there were predictions that more than half of Canada’s independent restaurants would fail as part of their customer base — office workers — shifted to working from home.

    Our recent study investigated which operational, demographic and land use factors affected restaurant survival during the first year of the pandemic in London, Ont.

    We found no significant differences between restaurants that failed and restaurants that survived based on proximity to office uses. Instead, operational decisions made by restaurants individually were much more predictive of their survival than any geographic factor, including the presence of offices.

    Restaurants are seen along Richmond Street in downtown London, Ontario, in June 2021.
    (Alexander Wray), CC BY-NC-SA

    We found that restaurants located in areas receiving more CERB (Canadian Emergency Response Benefit) payments, and with a higher density of entertainment venues around them, were less likely to survive.

    Restaurants that adapted by offering pickup and delivery options were more likely to survive, though only for those that did their own delivery in-house rather than relying on platforms like UberEats and SkipTheDishes. Restaurants that had drive-thrus, held liquor licenses, or had been established for more than five years were more likely to survive. These older, more established restaurants were likely more resilient because of financial stability and customer loyalty.

    Table-service restaurants fared better than fast food outlets, likely because they could offer large patio dining spaces during the summer. Restaurants with liquor licenses substantially benefited, especially after a regulatory change by the Ontario government that allowed alcohol sales with takeout and delivery — a first for the province.

    In short, restaurant success was driven more by individual business decisions rather than being in a specific location. People working remotely instead of in the office did not significantly affect restaurant survival during the first year of the pandemic.

    Downtown struggles

    As Canadian downtowns look to recover, many face ongoing challenges. Activity levels are down by about 20 per cent from pre-pandemic levels in many places, lagging behind many similarly sized downtowns in the United States.

    This downturn has been partially attributed to a combination of higher office building vacancies and fewer workers downtown. For the first time, downtown office vacancy rates have exceeded suburban rates in the Greater Toronto Area. There has also been tremendous housing growth within many downtown cores.

    At the same time, downtowns have become a highly visible focal point of Canada’s growing addictions, mental health and housing crises. The pandemic fully revealed the deeper social, economic and health challenges happening in Canadian society.

    While violent incidents are rare, the social incivilities and disorder on display — public urination and defecation, open drug use, visible tents and property crime — contributes to a perception that Canadian downtowns are unsafe. This perception, whether accurate or not, has an impact on the willingness of people to engage with their downtowns.

    A way forward

    The damage to the reputation of Canada’s downtowns has been done. Downtown London now has the highest office vacancy rate in the country. The Workplace Safety Insurance Board of Ontario, for instance, recently chose to consolidate its offices in the outskirts of London, rather than downtown.

    Many people now elect to spend their time and money in areas that have embraced the “experience economy.” These are places that provide highly manicured entertainment and shopping destinations, with restaurants being the bedrock of enabling high quality experiences in these areas.

    Foot traffic is at an all-time high in suburban shopping centres. The downtowns of cities that are widely known as global tourist destinations — Las Vegas, Miami and Nashville — have activity levels close to or higher than their pre-pandemic levels.

    These are places that are developing highly attractive economies that provide people with the safe, fun and exciting experiences they are looking for locally and internationally. Instead of trying to force unwilling workers back to the office, Canadian cities should instead focus on developing downtowns that people genuinely want to visit and experience.

    One potential way to do this is to provide wrap-around support services and direct pathways to stable housing across the entire community, as the City of London has done. By spreading care and outreach services across the entire city, rather than concentrating them exclusively in downtown areas, the negative effects from Canada’s homelessness crisis can be reduced on urban cores.

    This type of strategy will direct those who need help away from downtowns, and may even permanently lift them out of poverty. In turn, Canadian downtowns can return to being places for everyone to shop, eat, relax, and work in comfort.

    Alexander Wray is President of the Town and Gown Association of Ontario, and a Board Member of Mainstreet London.

    Jamie Seabrook, Jason Gilliland, and Sean Doherty do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Return-to-office mandates may not be the solution to downtown struggles that Canadian cities are banking on – https://theconversation.com/return-to-office-mandates-may-not-be-the-solution-to-downtown-struggles-that-canadian-cities-are-banking-on-239682

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 02.10.2024 – repurchases resumed following a temporary pause

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    2 October 2024 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 02.10.2024 – repurchases resumed following a temporary pause

    Espoo, Finland – As announced on 16 August 2024, Nokia’s share buybacks were paused until after the Infinera shareholders’ special meeting. The special meeting took place on 1 October 2024 as planned, and the buybacks have therefore been resumed. On 2 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 1,283,714 3.93
    CEUX 599,119 3.93
    BATE
    AQEU
    TQEX
    Total 1,882,833 3.93

    * Rounded to two decimals

    On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing the number of shares to be repurchased during the year 2024. The post-increase repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 22 July 2024 and end by 31 December 2024 with a maximum aggregate purchase price of EUR 600 million for all purchases during 2024.

    Total cost of transactions executed on 2 October 2024 was EUR 7,404,806. After the disclosed transactions, Nokia Corporation holds 151,369,770 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network

  • MIL-OSI Economics: Burundi: Electricity from the Rusumo Falls power station, built with support from the African Development Bank, is saving the lives of hospital…

    Source: African Development Bank Group
    “One day, in the operating theatre, there was a power cut́ in the middle of a laparotomy [opening of the abdomen] for a case of pelvic peritonitis. We had to finish the operation using a torch. It was very hard.”

    MIL OSI Economics

  • MIL-OSI USA: NRCC Launches “Majority Makers” Video Highlighting Gabe Evans

    Source: US National Republican Congressional Committee

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –


    October 2, 2024


    The National Republican Congressional Committee (NRCC) released a Majority Makers video highlighting Gabe Evans’ military and immigrant background and how his experience will guide his work in Congress.

    WATCH THE VIDEO HERE

    “Gabe Evans’ unique background as a grandson of Mexican immigrants, Black Hawk helicopter pilot, combat Army veteran and former police officer has prepared him to fight back against tough challenges. When he gets to Congress, he can be counted on to put people over politics and continue working for Coloradans.” – NRCC Spokeswoman Delanie Bomar


    MIL OSI USA News

  • MIL-OSI Translation: Joint Statement on the 2024 Global Ransomware Initiative

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Today, Canada met with 67 other members at the 4th annual Initiative to Combat Ransomware Summit in Washington DC to enhance international cooperation in this area.

    The 68 members of the international Initiative to Combat Ransomware (ILR)—Albania, Argentina, Australia, Austria, Bahrain, Belgium, Brazil, Bulgaria, Cameroon, Canada, Chad, Colombia, Costa Rica, Council of Europe, Croatia, Czech Republic, Denmark, Dominican Republic, ECOWAS, Egypt, Estonia, European Union, Finland, France, Germany, Greece, Global Cyber Expertise Forum, Hungary, India, INTERPOL, Ireland, Israel, Italy, Japan, Jordan, Kenya, Lithuania, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Norway, Organization of American States, Papua New Guinea, Philippines, Poland, Portugal, Republic of Korea, Republic of Moldova, Romania, Rwanda, Sierra Leone, Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Vanuatu, and Vietnam—met in Washington, DC from September 30 to October 3 2024 for the fourth ILR gathering. Members who participated in previous editions welcomed Argentina, Bahrain, Cameroon, Chad, the Council of Europe, Denmark, the Economic Community of West African States (ECOWAS), Finland, the Global Forum on Cyber Expertise, Hungary, Morocco, the Organization of American States, the Philippines, the Republic of Moldova, Slovenia, Sri Lanka, Vanuatu and Vietnam as new ILR members.

    During the fourth ILR gathering, members reaffirmed their shared commitment to building collective resilience against ransomware, supporting members if they encounter a ransomware attack, pursuing actors responsible for ransomware attacks and not allowing these actors to operate in their jurisdictions, combating the use of virtual assets as part of the ransomware business model, working with the private sector to advise and support ILR members, and forging international partnerships so that we are collectively better equipped to combat the ransomware scourge.

    Over the past year, this coalition has grown and continues to build on commitments made at the third ILR gathering in 2023. The United States launched a new ILR Member Fund to strengthen members’ cybersecurity capabilities through rapid assistance following a cyberattack as well as targeted support to improve cybersecurity response skills, policies, and procedures.

    Under the Strategic Pillar, led by Singapore and the UK, efforts have been underway to strengthen resilience against ransomware attacks and leverage the ecosystem to disrupt the criminal ransomware industry. These efforts aim to strengthen the operating model that underpins the ransomware ecosystem by focusing work on secure software and labelling, methods to prevent the use of virtual assets as part of the ransomware operating model, policies to reduce ransom payments, increased and improved reporting, cyber insurance, and a playbook to guide businesses on how to prepare for, respond to, and recover from a ransomware attack. It is worth noting that ILR members and insurance bodies have endorsed guidelines to assist organisations that have been hit by a ransomware attack. The guidelines highlight the important role that cyber insurance can play in building resilience to cyberattacks and highlight actions that organizations should consider during an incident. In addition, pillar leaders hosted a tabletop exercise to help members identify gaps in their processes, learn best practices, and develop effective responses to ransomware attacks against the healthcare sector.

    Under the Diplomacy and Capacity Building pillar, led by Germany and Nigeria, ILR partnerships were expanded with the addition of 18 new members to the coalition and members’ capacity building assets and needs were established. To foster collaboration, build new partnerships, and recruit new members to the Initiative, ILR members hosted regional events throughout the year.

    Led by Australia and Lithuania, the Ransomware Working Group (RWWG) has focused its efforts on building resilience against malicious cyberattacks through international cooperation. As co-chairs of the RWWG, Lithuania and Australia developed governance principles for intelligence sharing and improved members’ integration into intelligence sharing platforms led by Lithuania and Belgium, as well as Israel and the United Arab Emirates. These platforms will enable members to easily share threat intelligence and indicators of compromise. As part of a project led by INTERPOL and Australia, a comparative report was produced to analyse ransomware responses and remediation across ILR member jurisdictions. Australia launched an ILR website and portal to facilitate the exchange of information and best practices, foster collaboration, and provide a mechanism for the ILR community to request assistance when members are victims of a ransomware attack. The LRWG Co-Chairs called on members to behave responsibly in cyberspace by encouraging them to hold malicious actors accountable and deny them safe haven using all cyber diplomacy and law enforcement tools at their disposal.

    Canada has established a new public-private sector advisory council to advise and support ILR members in the fight against ransomware. This advisory council will promote effective information sharing, build trust through clear expectations and people-to-people collaboration, and develop best practices to overcome practical barriers.

    ILR also hosted a first-ever event exploring the use of artificial intelligence (AI) to combat ransomware attacks. Topics discussed included using AI to track threat actor usage and software security, scenario planning for ransomware attacks on the healthcare industry, and tools like digital watermarking to counter disinformation.

    Through the annual ILR gathering, hard work, and regional meetings that take place between gatherings, we are committed to working together at the strategic and operational levels to combat ransomware threats and hold the perpetrators of these malicious attacks accountable. The ILR continues to advocate for responsible behavior in cyberspace and encourage members to report malicious acts. We remain committed to using all appropriate tools to achieve these goals and jointly commit to the following actions in support of this mission.

    Media RelationsPublic Safety Canada613-991-0657media@ps-sp.gc.ca

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

    MIL Translation OSI

  • MIL-OSI USA: SBA Provides Critical Disaster Assistance to Help Georgians Recover from Hurricane Helene

    Source: United States Small Business Administration

    WASHINGTON – Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Georgia following the announcement of a Presidential disaster declaration for Hurricane Helene that began on Sept. 25.

    “SBA’s mission-driven team stands ready to help small businesses and residents in Georgia impacted by this disaster in every way possible under President Biden’s disaster declaration for certain affected areas,” said SBA Administrator Isabel Casillas Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”

    The disaster declaration covers Appling, Atkinson, Bacon, Ben Hill, Berrien, Brooks, Bulloch, Burke, Candler, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Echols, Emanuel, Evans, Glascock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Lowndes, McDuffie, Montgomery, Pierce, Richmond, Screven, Tattnall, Telfair, Toombs, Treutlen, Ware, Washington and Wheeler; which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Baldwin, Bleckley, Brantley, Bryan, Charlton, Dodge, Effingham, Elbert, Hancock, Long, McIntosh, Mitchell, Thomas, Tift, Turner, Twiggs, Warren, Wayne, Wilcox, Wilkes, Wilkinson and Worth counties in Georgia; Baker, Columbia, Hamilton, Jefferson and Madison in Florida; Aiken, Allendale, Barnwell, Edgefield, Hampton, Jasper and McCormick in South Carolina.

    Disaster survivors should not wait to settle with their insurance company before applying for a disaster loan. If a survivor does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan.

    Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  

    For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

    Disaster loans up to $500,000 are available to homeowners to repair or replace disaster-damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace disaster-damaged or destroyed personal property.

    Interest rates are as low as 4% for businesses, 3.25% for nonprofit organizations, and 2.813% for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

    Building back smarter and stronger can be an effective recovery tool for future disasters. Applicants may be eligible for a loan amount increase of up to 20% of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future disasters.

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.” 

    With the changes to FEMA’s Sequence of Delivery, survivors are now encouraged to simultaneously apply for FEMA grants and SBA low-interest disaster loan assistance to fully recover.  FEMA grants are intended to cover necessary expenses and serious needs not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make you whole and get you back to your pre-disaster condition.  Do not wait on the decision for a FEMA grant; apply online and receive additional disaster assistance information at sba.gov/disaster.

    Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage is Nov. 29, 2024. The deadline to return economic injury applications is June 30, 2025.

    ###

    About the U.S. Small Business Administration 

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit http://www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI USA: SBA Tops $60 Million in Disaster Assistance Loans for Severe Storms, Flooding, Straight-line Winds and Tornadoes

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration, announced today that SBA has approved more than $60 million in federal disaster loans for Iowabusinesses and residents impacted by severe storms, flooding, straight-line winds and tornadoes that occurred June 16–July 23. According to Sánchez, SBA has approved $10,075,000 for businesses and $49,984,200 for residents to help rebuild and recover from this disaster.

    “SBA’s disaster assistance employees are committed to helping businesses and residents rebuild as quickly as possible,” said Sánchez. Businesses and residents in Buena Vista, Cherokee, Clay, Dickinson, Emmet, Humboldt, Lyon, Monona, O’Brien, Osceola, Palo Alto, Plymouth, Pottawattamie, Scott, Sioux and Woodbury counties who sustained damages are encouraged to apply prior to the Oct. 22 deadline at SBA.gov/disaster. “Don’t miss out on any assistance you may be entitled to by not registering for help. You don’t need to wait for your insurance to settle or obtain a contractor’s estimate,” he continued.

    SBA continues to provide one-on-one assistance to disaster loan applicants at all the federal-state Disaster Recovery Centers and the SBA Business Recovery Center throughout the affected areas to explain SBA’s disaster loan program and help business owners and residents close their approved disaster loans.

    Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

    For small businesses and most private nonprofit organizations of all sizes, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage. The deadline to apply for economic injury is March 24, 2025.

    “SBA’s disaster loan program offers an important advantage–the chance to incorporate measures that can reduce the risk of future damage,” Sánchez added. “Work with contractors and mitigation professionals to strengthen your property and take advantage of the opportunity to request additional SBA disaster loan funds for these proactive improvements.”

    Disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.

    Interest rates can be as low as 4 percent for businesses, 3.25 percent for private nonprofit organizations and 2.688 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

    Interest does not begin to accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first disbursement.

    Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit http://www.sba.gov.

    MIL OSI USA News

  • MIL-OSI New Zealand: Federated Farmers demand fairer debt solutions

    Source: Federated Farmers

    More than one in five Kiwi farmers say their bank isn’t allowing them to structure their debt in the most interest-efficient way.
    That’s a key finding put forward by Federated Farmers in its recent submission to Parliament’s banking inquiry.
    “New Zealand farmers are clearly under huge pressure from the banks because we had more than 1000 farmers come forward to share their frustrations with us,” Federated Farmers banking spokesperson Richard McIntyre says.
    “We’ve used that feedback in our submission, leaving the select committee in no doubt about what farmers are dealing with and how banking issues are affecting them.”
    McIntyre says it’s highly concerning to hear so many farmers (22%) haven’t been allowed to structure their debt to minimise interest payments as much as possible.
    “We also had another 18% of farmers tell us they’re unsure of their options.
    “In total, 40% of farmers either find their debt structure inefficient or aren’t receiving the information they need to improve it.
    “That’s something we need this inquiry to sort out – and fast.”
    McIntyre says another recurring theme in feedback from farmers is the lack of transparency and the one-size-fits-all approach banks take to lending.
    One significant issue is the pressure farmers feel to use overdrafts to manage debt repayments or fund capital projects – tasks overdrafts were never intended for.
    In fact, 12% of farmers say their bank has asked them to fund capital work using an overdraft.
    “This is unacceptable,” McIntyre says.
    “Overdrafts are designed for managing seasonal cash flow, not to burden farmers with higher-interest debt, which only serves to boost bank profits.”
    He says many farmers are stuck in overdraft facilities that never return to positive balances, with banks reluctant to offer more sustainable solutions.
    This creates a cycle of high-interest debt, leaving farmers financially strained over the long term.
    “This isn’t just bad practice – it’s bad faith,” McIntyre says.
    “Banks are prioritising profits over the long-term financial health of New Zealand’s farmers.”
    He emphasises that overdrafts should be a tool, not a trap.
    Farmers have reported that, even when it makes good business sense, they’re unable to convert overdraft debt into term debt.
    “The advantage for the bank is that overdrafts generate higher interest, and banks can call in the debt at any time,” McIntyre says.
    “This practice leaves farmers vulnerable, with overdraft rates often 3-4% higher than term debt.”
    Federated Farmers is calling for banks to provide fair access to more efficient debt structures, particularly term debt, which would allow farmers to plan for the long term.
    “Farmers aren’t asking for special treatment,” McIntyre says. “We just want a fair go.”
    Federated Farmers has been instrumental in securing an initial briefing on rural banking, led by the Primary Production Committee.
    This has now developed into a full inquiry into banking competition, led by Parliament’s Finance and Expenditure Committee.
    Federated Farmers will ensure farmers’ perspectives are taken seriously, pushing for real changes in New Zealand’s banking system, McIntyre says.
    He says Federated Farmers is incredibly grateful to the thousands of farmers who shared their experiences as part of the submission process.
    “Farmers want change, and they’ve added significant weight to our submission.
    “Their voices are the backbone of this submission, and they’ve given us the momentum we need to keep pushing for real solutions.”
    Federated Farmers is now preparing to present its oral submission to Parliament.
    “We’re not just here to highlight the problems,” McIntyre says. “We’re here to advocate for real solutions that will make a difference for every farmer in New Zealand.”
    “We’re 100% committed to ensuring the banking inquiry delivers meaningful change for rural banking.
    “We won’t stop until every farmer has access to banking that is fair, efficient, and on our terms.”

    MIL OSI New Zealand News

  • MIL-OSI USA: Rep. Cuellar Announces $3,125,000 in Federal Funding to Hire 25 New Police Officers in Laredo

    Source: United States House of Representatives – Congressman Henry Cuellar (TX-28)

    Today, Congressman Henry Cuellar, Ph.D. (TX-28) announced $3,125,000 in federal funding to hire 25 new police officers in Laredo. This federal funding was awarded to the City of Laredo from the Office of the Community Oriented Policing Services (COPS Office) through the Department of Justice (DOJ) and is administered through the COPS Hiring Program (CHP).

    “It is essential that our local law enforcement agencies have the resources they need to protect our community,” said Congressman Cuellar, a senior member of the Appropriations Committee. “These federal dollars are vital for Laredo by enabling the city to hire more police officers – which will increase public safety, help prevent crime and add to the local economy. I would like to thank Laredo Mayor Dr. Victor Trevino and Chief of Police Miguel A. Rodriquez Jr., for working with me to deliver essential funding to Laredo. I would also like to thank Laredo law enforcement for the important work they do day in and day out to keep our community safe.”

    “We are deeply grateful for the Department of Justice’s support through the COPS grant, which will allow us to add 25 new officers to our ranks. This significant investment in our community’s safety underscores our commitment to enhancing public safety and fostering strong community relationships. With these additional resources, we are better equipped to address the needs of our growing city and ensure a safer environment for all residents. Additionally, I would like to thank and give credit to our city management, council, and mayor that supported this,” said Miguel A. Rodriguez Jr, Chief of Laredo Police

    The COPS program provides grants, training, and technical assistance to law enforcement agencies across the country as they work to reduce violent crime. 

    The COPS Hiring Program pays up to 75% of entry-level officer salary and up to $125,000 per position, with three years of funding over a five-year period. Local agencies must match at least 25% of the funding awarded. 

    These officers will be strategically placed in high-activity areas based on data. Their presence will disrupt criminal activity and make our streets safer.  Laredo PD will use a data-driven approach to adjust resources as needed. This flexibility ensures that we respond quickly to emerging issues. 

    Dr. Cuellar has long fought for Laredo law enforcement. Last year, Laredo received $1.875 million to hire 15 officers – totaling 40 new officers for the City of Laredo through the COPS Program in the past two years and 234 officers that the City of Laredo has been able to hire through the COPS Hiring Program from current and past program awards.

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    MIL OSI USA News

  • MIL-OSI New Zealand: Road blocked, SH7, Lewis Pass Road

    Source: New Zealand Police (District News)

    State Highway 7, Lewis Pass Road, is blocked following a two-vehicle crash this morning.

    Emergency services were alerted to the crash at around 7.30am.

    One person has received serious injuries, and two people have received moderate injuries.

    The road is blocked, and motorists are advised to avoid the area if possible and expect delays.

    Motorists are also asked to take care on the roads due to the weather conditions this morning.

    ENDS

    MIL OSI New Zealand News

  • MIL-OSI USA: Amata Welcomes House Colleagues and Key Senators in American Samoa

    Source: United States House of Representatives – Congresswoman Aumua Amata (Western Samoa)

    Washington, D.C. – Congresswoman Uifa’atali Amatatook part in welcoming key U.S. Senators and her House colleagues as their Congressional Delegation (CODEL) on a U.S. Air Force flight landed in American Samoa, as did Governor Lemanu P.S. Mauga. The bipartisan CODEL included Chairman Joe Manchin of West Virginia, Senator Lisa Murkowski of Alaska, and two of Amata’s House colleagues, also on influential committees: Congressman Wiley Nickel North Carolina, Finance Committee; and Congressman Greg Pence of Indiana, Energy and Commerce Committee.

    CODEL group photo

    Amata’s bill, H.R. 6062, which expedites American Samoa’s amendments as already approved by the people, is in line for consideration before the same Committee on which Chairman Manchin presides and Sen. Murkowski is a senior senator. Amata spoke to Chairman Manchin about it, and Amata’s House-passed bill is expected to be in front of the Senate Committee on Energy and Natural Resources in mid-November, once Congress has resumed, as it has been examined already by a Senate Subcommittee and is moving forward as a noncontroversial bill.

    CODEL in American Samoa with Governor Lemanu Mauga and Congresswoman Uifa’atali Amata

    “I also discussed 30a (the American Samoa Economic Development Credit) with Chairman Manchin and Senator Murkowski,” said Congresswoman Aumua Amata. “It’s a crucial tax extender for American Samoa that needs to be extended again. It primarily benefits the cannery but can be used for other businesses.  We need the credit to attract those other businesses besides tuna. The 30a extender is important for the Starkist cannery, which is at full employment of 2500, and supports an equal number or more of indirect jobs. House Ways and Means Chairman Smith is supportive of the credit, but we will need help in the Senate as usual.”

    CODEL enjoyed their time in American Samoa

    “It’s a delight to have these Senators and House colleagues see glimpses of American Samoa’s mountain and ocean beauty from the air and our airport,” she continued. “When I speak with senior Senators and Representatives in Washington, I find without fail that they are genuinely interested, and truly want to be helpful and supportive to American Samoa, and they also understand that we aren’t directly represented in the U.S. Senate. I know they enjoyed the tokens of appreciation that both I and Governor Lemanu Mauga were able to present so they’d have a memory of the people of American Samoa.”

    “I take every opportunity to raise key issues for American Samoa with relevant Members of Congress, especially when our issues are under the jurisdiction of their committees,” she concluded. “I appreciate Chairman Manchin’s effective leadership in the Senate, and I’ve traveled on a CODEL with my friend Senator Murkowski before, and she’s been a good friend of our islands while representing Alaska.”

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    MIL OSI USA News

  • MIL-OSI USA: CLARKE ISSUES STATEMENT ON THE IRANIAN ATTACK AGAINST ISRAEL

    Source: United States House of Representatives – Congresswoman Yvette D Clarke (9th District of New York)

    FOR IMMEDIATE RELEASE:

    October 2, 2024

    MEDIA CONTACT: 

    e: jessica.myers@mail.house.gov

    c: 202.913.0126

    Washington, D.C. — Today, Congresswoman Yvette D. Clarke (NY-09) issued the following statement:

    “I condemn Iran’s ballistic missile strike against Israel in the strongest possible terms. Thankfully, this assault – reportedly the largest of its kind in history – failed to accomplish its goal of indiscriminate slaughter. The scale of its ineffectiveness stands as proof of the enduring need to support our ally, Israel, with the tools necessary to protect its people and to defend its sovereignty. Moreover, it serves as yet another reminder of Iran and its proxies’ propensity for sowing terror and their role as the most significant obstacle to peace and stability in the Middle East. For the sake of the safety and wellbeing of all innocent peoples of all nations in the region, I urge the United States to stand with our ally as a committed advocate for prioritizing humanity, continue working with allies to establish a lasting ceasefire, secure the safe return of the hostages abducted on October 7th, 2023, and persist in the extremely difficult challenge of finding the path towards peace.”

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    MIL OSI USA News

  • MIL-OSI United Kingdom: Apprentice Store Are On The Move

    Source: Scotland – Highland Council

    Managing Director David Massie pictured with Hagen Wagner, Highland Opportunity (Investments) Limited Investment Manager

    Highland Opportunity (Investments) Limited (HOIL) has recently provided The Apprentice Store Ltd with funding towards their ambitious business development. HOIL, The Highland Council’s business loan company, supports Highland based businesses and encourages applications from all business sectors, including community organisations. Interested businesses benefit from straightforward loan conditions and a tailored offer to support their project.  HOIL has financially supported more than 1,200 local start-up businesses, community organisations and growth projects within the Highland Business community since it was established in 1986.

    The Apprentice Store approached HO(IL) for a working capital loan of £25,000 to help achieve their growth aspirations.  Currently based in the Impact Hub in Castle Street, they are about to relocate to larger premises in Academy Street, where they will be the flag ship tenant of an innovative, vibrant and friendly co-working space in the centre of Inverness.

    The Apprentice Store was founded in 2016 and have a unique setup, whereby they support employment of young people and inclusivity on an apprenticeship basis, led by a number of mentors. To date, the company has trained and employed more than 23 young people. The business understands how important computer systems are in a modern business. From their Scottish base in Inverness they offer a range of quality remote IT services for small and medium sized businesses throughout the United Kingdom and Europe. 

    Councillor Paul Oldham, Chair of HOIL said: “The Apprentice Store’s way of working, that encourages young people to work in IT while staying in the Highlands rather than feeling they have to move away, has got to be good news for the Highland economy.

     “HOIL’s accessible and affordable business finance helps promote business across the area. It’s an important part of the Council’s aim to keep business vibrant and growing in the Highlands.”

    David Massie, Managing Director of the Apprentice Store Limited said: “The Apprentice Store approached HOIL to secure some funding and found the application process quick and easy to complete. This funding will help our social purpose of creating sustainable employment to young people who have challenges of entering the workforce. Our clients from across the UK in the public, private and sectors help support continuous employment by outsourcing their IT services to The Apprentice Store. Our team return on our client’s commitment by offering quality IT support and development services as they care about the opportunity offered to them by The Apprentice Store and its clients.”

    MIL OSI United Kingdom

  • MIL-OSI Canada: International Counter Ransomware Initiative 2024 Joint Statement

    Source: Government of Canada News

    Today, Canada met with 67 other members of the International Counter Ransomware Initiative (CRI) in Washington D.C for the fourth annual CRI Summit to improve international cooperation in combatting ransomware.

    The 68 members of the International Counter Ransomware Initiative (CRI)—Albania, Argentina,  Australia, Austria, Bahrain, Belgium, Brazil, Bulgaria, Cameroon, Canada, Chad, Colombia, Costa Rica, the Council of Europe, Croatia, the Czech Republic, Denmark, the Dominican Republic, the ECOWAS Commission, Egypt, Estonia, the European Union, Finland, France, Germany, Greece, the Global Forum on Cyber Expertise, Hungary, India, INTERPOL, Ireland, Israel, Italy, Japan, Jordan, Kenya, Lithuania, Mexico, Morocco, the Netherlands, New Zealand, Nigeria, Norway, the Organization of American States, Papua New Guinea, the Philippines, Poland, Portugal, the Republic of Korea, the Republic of Moldova, Romania, Rwanda, Sierra Leone, Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Ukraine, the United Arab Emirates, the United Kingdom, the United States, Uruguay, Vanuatu, and Vietnam—met in Washington, D.C. from September 30 – October 3, 2024 for the Fourth CRI Gathering. Previously participating members welcomed Argentina, Bahrain, Cameroon, Chad, the Council of Europe, Denmark, the ECOWAS Commission, Finland, the Global Forum on Cyber Expertise, Hungary, Morocco, the Organization of American States, the Philippines, the Republic of Moldova, Slovenia, Sri Lanka, Vanuatu, and Vietnam as new CRI members.

    During the Fourth CRI Gathering, members reaffirmed our joint commitment to develop collective resilience to ransomware, support members if they are faced with a ransomware attack, pursue the actors responsible for ransomware attacks and not allow safe haven for these actors to operate within our jurisdictions, counter the use of virtual assets as part of the ransomware business model, partner with the private sector to advise and support CRI members, and forge international partnerships so we are collectively better equipped to counter the scourge of ransomware.

    Over the past year, this coalition has grown and continues to build upon the commitments made at the Third CRI Gathering in 2023. The United States launched a new fund for CRI members to strengthen members’ cybersecurity capabilities through both rapid assistance in the wake of a cyber attack, as well as targeted support to improve cybersecurity skills, policies, and response procedures.

    The Policy Pillar, led by Singapore and the United Kingdom, spearheaded efforts to build resilience against ransomware attacks and leverage the ecosystem to disrupt the ransomware criminal industry. These efforts seek to undercut the business model that underpins the ransomware ecosystem by driving forward work on secure software and labeling, methods to counter the use of virtual assets as part of the ransomware business model, policies to reduce ransom payments, increase and improve reporting, cyber insurance, and a playbook to guide businesses on how to prepare for, deal with, and recover from a ransomware attack. Of note, CRI members and insurance bodies have endorsed guidance to help organizations experiencing a ransomware attack. The guidance underscores the important role cyber insurance can play in helping to build resilience to cyber attacks and highlights actions organizations should explore during an incident. In addition, the Pillar held a table-top-exercise to assist members in identifying gaps in their processes, learning best practices and supporting members develop effective responses to ransomware attacks on the healthcare sector.

    The Diplomacy and Capacity Building Pillar, led by Germany and Nigeria, expanded the CRI’s partnerships with the addition of 18 new members to the coalition and mapped out the capacity building assets and needs of members. To foster collaboration, forge new partnerships, and recruit new members into the Initiative, CRI members hosted regional events throughout the year.

    Under the leadership of Australia and Lithuania, the ICRTF focused its work on building resilience against malicious cyber attacks through international cooperation. Lithuania and Australia, as ICRTF co-chairs, worked to develop governance for information sharing and increase onboarding of members to the information sharing platforms led by Lithuania and Belgium as well as Israel and UAE. These platforms will allow members to easily share threat information and indicators of compromise. In a project led by INTERPOL and Australia, a comparative report was produced analyzing Ransomware Interventions and Remediation in CRI members’ jurisdictions. Australia launched a website and member portal so CRI members can easily share information and best practices, foster collaboration, and use as a mechanism to request assistance from the CRI community when experiencing a ransomware attack. The ICRTF co-chairs presented a statement for members to join that calls for responsible behavior in cyberspace and encourages members to hold malicious actors accountable and deny them safe haven using all of the cyber diplomacy and law enforcement tools at their disposal.

    Canada established a new Public-Private Sector Advisory Panel to advise and support CRI members in combating ransomware. This advisory panel will catalyze effective information sharing, build trust through clear expectations and person to person collaboration, and develop best practices to navigate practical hurdles.

    The Initiative also hosted its first-ever event dedicated to examining the use of AI to counter ransomware attacks. Topics of discussion included the use of AI to track threat actor use, AI for Software Security, scenario planning around ransomware attacks on the healthcare industry, and tools such as watermarking to counter disinformation.

    Through the Initiative’s annual gathering as well as the dedicated work and regional meetings occurring between each meeting, we commit to working together at both a policy and operational level to counter ransomware threats and hold perpetrators of these malicious attacks accountable. CRI continues to call for responsible behavior in cyberspace and encourage members to call out malicious acts, and we remain committed to using all appropriate tools to achieve these goals, and are jointly committed to the following actions in support of this mission.

    MIL OSI Canada News

  • MIL-OSI United Kingdom: Partners launch revised timetable to improve reliability and connectivity of Wick John O’Groats Airport flights

    Source: Scotland – Highland Council

    The Highland Council and Eastern Airways have agreed a number of changes to scheduled flight times on the Wick-Aberdeen air route.

    The changes have been carefully considered to reduce cancellations and restore public trust. All partners have reiterated their commitment to protecting the service and retaining flights six days a week.

    Highland Council and Eastern Airways met last week and agreed the following key measures:

    Measure

    Rationale

    Protect Wick/Aberdeen as a 6-day service

    Essential for business connectivity and wider economy

    Reduce from twice-daily to daily flights on Tuesday, Wednesday and Thursday

    Very low demand for morning midweek service. Consolidated flight improves aircraft availability, reduces impact of winter weather, eases staffing pressures, provides a more sustainable service

    Earlier departure times on afternoon/evening flights

    Reduces chance of adverse weather disruption in winter. Improves onward connectivity with Manchester, Humberside, Birmingham and London

    Retain Sunday service unchanged

    Strong demand for Sunday flight

    No price changes until March 2025

    Maintain value for money and work to restore passenger confidence

    Guaranteed offer of refund or taxi transfer in cases of cancellation

    Reassures passengers concerned about travel in adverse weather

    The new timetable will come into effect on Monday 14 October, and operate throughout the winter until March 2025.

    These changes are designed to protect the future sustainability of the service, which is funded by Transport Scotland and the Highland Council as a public service obligation (PSO). PSO status is awarded to services that provide ‘lifeline’ connectivity but would not be viable to operate on a commercial basis. The Wick-Aberdeen route is regarded as crucial to the north Highland economy and the wider community. It provides better access to employment, leisure, healthcare and social opportunities whilst making it easier to do business across Scotland and the rest of the UK.

    The Wick-Aberdeen route has enjoyed considerable early success, with passenger growth of 25% in the second year and monthly passenger numbers often exceeding one thousand. However, over the past 12 months, overall reliability fell from upwards of 90% to an average of 85%, while September 2024 dipped to 79%. This reflects a number of cancellations caused by operational issues or adverse weather.

    Partners believe the new timetable will deliver meaningful service improvements in the months ahead.

    Roger Hage, Eastern Airways, said: “We are acutely conscious that recent service levels have fallen short of the standards our passengers expect. We have listened to passenger feedback and on discussion with partners we have decided to make some changes which we believe will deliver improvements in the Wick-Aberdeen service. We hope to restore confidence in the service and welcome an increased focus on onward connectivity to allow easier use of Aberdeen through the more challenging winter months.”

    Malcolm MacLeod, Assistant Chief Executive (Place) of the Highland Council said: “In light of recent issues with the service, all stakeholders got around the table and had a deep and constructive conversation about improving service standards. We believe that these changes are the right move to create a more reliable and sustainable service, and we are confident from our discussion with Eastern Airways that the changes will bring immediate improvements.

    “We view the Wick-Aberdeen flights as a lifeline service to the north Highlands and we all remain absolutely committed to making a go of it. We would ask passengers and the wider community to support the service as we deliver these improvements.”

    Stakeholders will continue to regularly review service performance and work together to deliver positive progress in the months ahead.

    Full details of the new timetable can be found online   or by visiting easternairways.co.uk

    MIL OSI United Kingdom

  • MIL-OSI USA: Steel Introduces Legislation to End Port Strike

    Source: United States House of Representatives – Representative Michelle Steel (CA-48)

    WASHINGTON, D.C. – Rep. Michelle Steel has filed legislation that would effectively end strikes at U.S. East and Gulf Coast ports by requiring mediation efforts to be exhausted before port workers can undertake a labor strike. Such processes currently govern labor disputes for rail workers and airlines workers under the Railroad Labor Act.

    The Safeguarding The Supply Chain Act would prevent economic harm to American supply chains by creating the conditions for a resolution to recent port strikes. Such conditions include negotiations before the National Mediation Board and potential action by Congress to approve a new labor agreement.

    Ports are critical to U.S. infrastructure and trade and should be governed in the same manner as the railroad and airline industries, reflecting their essential role in the supply chain.

    “Widespread strikes at American ports threaten product shortages and price increases for consumers. Congress must act to protect our economy and get our supply chains moving again – especially when many Americans continue to feel the negative effects of inflation,” said Rep. Steel. “My bill would force both sides back to the negotiating table for a resolution and get our economy moving again.”

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    MIL OSI USA News

  • MIL-OSI: PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Oct. 02, 2024 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) declares its monthly distribution for October 2024 of $0.1025 per share, payable on November 1, 2024 to stockholders of record as of October 16, 2024. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.

    The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The U.S. tax law permits a RIC to report the portion of distributions paid that represents interest-related dividends as exempt from U.S. withholding tax when paid to non-U.S. stockholders with proper documentation.

    The specific tax characteristics of this distribution can be found on our website http://www.pennantpark.com.

    ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD.

    PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing $8.0 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Floating Rate Capital Ltd. files under the Exchange Act. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    The information contained herein is based on current tax laws, which may change in the future. The Company cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. The information provided in this material does not constitute any specific legal, tax or accounting advice. Please consult with qualified professionals for this type of advice.

    CONTACT:
    Richard T. Allorto, Jr.
    PennantPark Floating Rate Capital Ltd.
    (212) 905-1000
    http://www.pennantpark.com

    The MIL Network

  • MIL-OSI: QCR Holdings, Inc. to Report Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    MOLINE, Ill., Oct. 02, 2024 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) (“QCRH” or the “Company”) announced today that its third quarter ended September 30, 2024 financial results will be released after the market closes on Wednesday, October 23, 2024. The Company will host a conference call and webcast the next day, Thursday, October 24, 2024, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join.

    Teleconference: 

    Dial-in information for the call is 888-346-9286 (international 412-317-5253). Participants should request to join the QCR Holdings, Inc. call. The event will be archived and available for replay through October 31, 2024. The replay access information is 877-344-7529 (international 412-317-0088); access code 4892655.

    Webcast: 

    A webcast of the teleconference can be accessed at the Company’s News and Events page at http://www.qcrh.com. An archived version of the webcast will be available at the same location shortly after the live event has ended.

    About QCR Holdings, Inc.

    QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018, and Guaranty Bank, also based in Springfield, Missouri, was acquired by the Company and merged with Springfield First Community Bank in 2022, with the combined entity operating under the Guaranty Bank name. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. The Company has 36 locations in Iowa, Missouri, Wisconsin and Illinois. As of June 30, 2024, the Company had $8.9 billion in assets, $6.9 billion in loans and $6.8 billion in deposits. For additional information, please visit the Company’s website at http://www.qcrh.com.

    Contacts:

    Todd A. Gipple                                        
    President                                        
    Chief Financial Officer                                
    (309) 743-7745                                        
    tgipple@qcrh.com                                

    The MIL Network

  • MIL-OSI: Apollo to Provide €1 Billion Capital Solution to Vonovia in Third Transaction

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that it has entered into an agreement for Apollo affiliates and other long term investors to provide c. €1 billion to acquire a minority stake in one of Vonovia’s affiliates. This commitment follows two previous €1 billion transactions between Vonovia and Apollo in 2023, related to Vonovia’s real estate portfolios in Southwest Germany and Northern Germany. The latest agreement brings Apollo affiliates and funds total arranged commitments to Vonovia entities to €3 billion.

    Apollo Partner Jamshid Ehsani said, “Apollo is very pleased to further expand our partnership with Vonovia and assist Germany’s largest residential real estate company in reaching its strategic objectives. It is yet another example of Apollo’s ability to commit its capital resources and provide bespoke, scaled solutions to our closest corporate relationships around the world. This investment marks our third transaction with Vonovia and underscores Apollo’s role as an ongoing trusted partner to some of the largest global corporations.”

    Since 2020, under its High Grade Capital Solutions strategy Apollo has originated nearly $100 billion of bespoke capital solutions for leading companies such as Intel, Sony, Air France, AB InBev and more. Apollo believes it is uniquely positioned to serve the needs of large high quality corporates and retirement services companies, given the firm’s structuring, investment and syndication capabilities and scaled capital base.

    Latham & Watkins LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal counsel to Apollo, while Apollo Capital Solution is providing structuring and syndication services in connection with the transaction. Deutsche Bank is acting as exclusive financial advisor to Vonovia, and Freshfields Bruckhaus Deringer is serving as legal counsel to Vonovia.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2024, Apollo had approximately $696 billion of assets under management. To learn more, please visit http://www.apollo.com.

    Apollo Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network