Category: KB

  • MIL-OSI Europe: Change in the senior management in the Council’s General Secretariat

    Source: Council of the European Union

    Today, the Secretary-General of the Council, Thérèse Blanchet, decided to entrust the management of the Directorate-General for Organisational Development and Services (DG ORG) to Cesare Onestini, the current Director-General for Agriculture, Fisheries, Social Affairs and Health in the Council’s General Secretariat. 

    MIL OSI Europe News

  • MIL-OSI Russia: More than 250 Moscow heating stations have been equipped with smart leak detection technology since the beginning of the year

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    This year, specialists from the city economy complex equipped more than 250 heating stations with smart leak detection technology. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “Events are ongoing to equip heating points with smart leak detection technology, which allows identifying possible unreliable sections and promptly repairing them, preventing emergency situations in heating networks and hot water supply networks. Since the beginning of the year, more than 250 heating points of PJSC MOEK have been equipped with this system. Thus, today smart technology is available at 7.2 thousand,” noted Petr Biryukov.

    Algorithms for identifying signs of hidden leaks in heat distribution networks based on the analysis of data from the automated Dispatching system were developed in 2020.

    The algorithms use information from about 10 different sensors from each heating point. The program analyzes insignificant changes in the most important parameters in real time during the night hours of equipment operation, when hot water consumption is minimal. Thanks to this, it is possible to determine heat losses as accurately as possible and identify a potentially unreliable section, to which a repair team is immediately sent.

    The system allows detecting even minor technological violations, which at the initial stage may not have external signs. This is, for example, a leak of the coolant or a deterioration in the parameters of the consumer.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/144451073/

    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 Asia-Pac: Oil Street Art Space new exhibition showcases creative ceramic artworks (with photos)

    Source: Hong Kong Government special administrative region

    Oil Street Art Space new exhibition showcases creative ceramic artworks (with photos)
    Oil Street Art Space new exhibition showcases creative ceramic artworks (with photos)
    *************************************************************************************

         ​The Oil Street Art Space (Oi!) launched the Archaic Curator Series in 2022 and has invited Chinese art historians and curators to collaborate on exhibitions that engage with traditional Chinese art through innovative forms of expression, bridging the old and the new. The third exhibition of the series, “Archaic Curator Series: The Charm of Colour – Travel with Ceramics through Time and Space”, will be held from tomorrow (September 26) until January 31 next year at Oi! Glassie to showcase creative ceramic artworks.     The guest curator and Associate Curator (Antiquities) of the Art Museum of the Chinese University of Hong Kong (CUHK), Dr Wang Guanyu, invited three artists from Jingdezhen and Hong Kong – Gu Yue, Fiona Wong and Caroline Cheng – to participate in the exhibition. Inspired by the CUHK Art Museum’s collection, the three artists infuse their own technical artistry and aesthetics into their works to showcase their personal understanding and interpretation of contemporary ceramic art.     Jingdezhen, also known as the millennium porcelain capital, is renowned for its rich ceramic heritage. Gu Yue, a graduate of Jingdezhen Ceramic University, draws inspiration from flowers and nature to express the vibrant spirit of the new generation of ceramic artists. His works skilfully blend traditional moulding and decorative techniques with contemporary aesthetics. Fiona Wong, who focuses on exploring soil and studying Hong Kong’s culture, draws inspiration from the stories surrounding Nam Koo Terrace, a century-old mansion in Wan Chai. Her artwork comprises a set of 3D-printed containers modelled on the patterned tiles of Nam Koo Terrace and an assembly of ceramic tiles recomposing a historical map of Wan Chai, to guide visitors to uncover the narratives behind contemporary urban development. Artist Caroline Cheng and her team have developed a method to upcycle ceramic waste into malleable clay, challenging the conventional perceptions of ceramics. Visitors to the exhibition can admire her latest works, crafted from this sustainable material.     There are different public engagement programmes in this exhibition. In the “A Tour to Travel with Ceramics through Time and Space” guided tour, docents will lead visitors to explore the two exhibitions at Oi! and the CUHK Art Museum. An education gallery will be set up at G/F Oi! Glassie. During the exhibition period, staff members will act as lab technicians and guide visitors to discover the secrets of ceramic production in a lively and interesting way. In addition, visitors can select a special ceramic colour in the Ceramic Colour Exploration Zone to create a personalised postcard to take home as a cherished souvenir.     During the exhibition period, the CUHK Art Museum will also showcase “Amazing Clay: Masterpieces from the Ceramic Collection of CUHK Art Museum” to enrich visitors’ appreciation of the beauty of traditional Chinese ceramics.     “Archaic Curator Series: The Charm of Colour – Travel with Ceramics through Time and Space” is presented by the Leisure and Cultural Services Department (LCSD) and the CUHK, and organised by Oi! and the Art Museum of CUHK. For more details about the exhibition and registration of programmes, please visit Oi! website at www.apo.hk/en/web/apo/oi_the_charm_of_colour.html, Facebook and Instagram or call 2512 3000. The exhibition is one of the activities under the Chinese Culture Promotion Series. The LCSD has long been promoting Chinese history and culture through organising an array of programmes and activities to enable the public to learn more about the broad and profound Chinese culture. For more information, please visit www.lcsd.gov.hk/en/ccpo/index.html.

     
    Ends/Wednesday, September 25, 2024Issued at HKT 18:40

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Final elector registers released

    Source: Hong Kong Information Services

    The 2024 final registers of electors for geographical constituencies (GCs), functional constituencies (FCs) and Election Committee subsectors (ECSSs) were released today, the Registration & Electoral Office announced.

    A total of 4,210,384 electors are carried in the final register for GCs, it added.

    The final register for FCs contains 190,016 individual electors and 8,141 corporate electors, comprising a total of 198,157.

    Meanwhile, the final register for ECSSs contains 3,267 individual voters and 5,389 corporate voters, adding up to a total of 8,656.

    Relevant statistics have been uploaded to the voter registration website.

    Notices on the inspection of the final registers of electors were gazetted today.

    According to law, a copy of registers containing entries relating to individuals may only be shown in accordance with the statutory requirements, and made available for inspection by specified persons only. 

    A copy of registers containing entries of corporate electors may be inspected by any member of the public. 

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SJ continues ASEAN visit in Vietnam to strengthen ties with legal and business sectors (with photos)

    Source: Hong Kong Government special administrative region

    SJ continues ASEAN visit in Vietnam to strengthen ties with legal and business sectors (with photos)
    SJ continues ASEAN visit in Vietnam to strengthen ties with legal and business sectors (with photos)
    ******************************************************************************************

         The Secretary for Justice, Mr Paul Lam, SC, today (September 25) continued his visit programme in the Association of Southeast Asian Nations (ASEAN) in Ho Chi Minh City, Vietnam, with a delegation comprising representatives from the Law Society of Hong Kong, the Hong Kong Bar Association and alternative dispute resolution (ADR) organisations.     In the morning, Mr Lam and his delegation met with the Chief Supervisor of the China Business Association Ho Chi Minh City Branch, Mr Sun Guo Qiang, to discuss and explore business opportunities in both places and learn about the demand for legal services in the local business sector. They then had lunch with Vice-Chairman of the Hong Kong Business Association Vietnam Mr Fred Burke to have a better understanding of the Vietnam business environment and their need for cross-jurisdictional legal services.     In the afternoon, Mr Lam and his delegation met with representatives from the Vietnam International Arbitration Center to exchange views on recent developments in the arbitration landscape in both places and explore ways to strengthen collaboration. They then had a meeting with representatives from the Ho Chi Minh City Bar Association to discuss the development of the legal profession and explore potential future collaborations in building stronger and closer ties.     In the evening, Mr Lam will have dinner with the Acting Consul General of the People’s Republic of China in Ho Chi Minh City, Mr Xu Zhou, to share with him the latest developments in Hong Kong’s legal and ADR sector.     Upon arriving in Ho Chi Minh City yesterday afternoon, Mr Lam and his delegation attended a forum titled “Hong Kong: The Common Law Gateway for Vietnamese Businesses to China and Beyond”, followed by a networking dinner, organised by the Department of Justice, the Hong Kong Economic and Trade Office in Singapore and the Vietnam Chamber of Commerce and Industry to meet local legal and business sectors. Speakers from the Hong Kong delegation shared their views with the audience on various topics, including Hong Kong’s diversified legal and dispute resolution services, its unique advantages of enjoying strong support from the motherland while being closely connected to the world under “one country, two systems”, and the opportunities arising from the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative. The event received an enthusiastic response with over 120 participants from the legal, business and other sectors of Vietnam.     Mr Lam and the delegation will conclude their visit to Ho Chi Minh City and depart for Kuala Lumpur, Malaysia, tomorrow (September 26) to attend a seminar to promote Hong Kong’s legal and dispute resolution services.

     
    Ends/Wednesday, September 25, 2024Issued at HKT 18:50

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: eHealth applicable at 3 GBA hospitals

    Source: Hong Kong Information Services

    The Health Bureau announced today that from September 30, the new functions of the “Cross-boundary Health Record” and “Personal Folder” in the eHealth mobile app will be applicable at three more hospitals under the Elderly Health Care Voucher Greater Bay Area Pilot Scheme.

    Such hospitals include the Nansha Division of The First Affiliated Hospital of Sun Yat-sen University, the Dongguan Tungwah Hospital, and the Shenzhen New Frontier United Family Hospital.

    The goal of the move is to enhance the continuity of medical care for Hong Kong citizens through facilitating their secure use of electronic health records (eHRs) across the boundary, the bureau explained.

    Starting next Monday, eligible senior citizens who use Elderly Health Care Vouchers at the three hospitals can apply for their eHRs deposited in eHealth over the past three years through the “Cross-boundary Health Record” function in advance.

    Upon verification, a “File QR Code” and a “Password QR Code” will be sent to the user via the eHealth app. Healthcare professionals can then access and browse the eHRs by scanning the two QR codes presented by the user at the time of consultation to assist in diagnoses and treatment.

    Following system enhancements, the time required for preparing eHRs has been reduced to no more than 24 hours, meaning that patients should submit their applications one day prior to consultation, the bureau advised.

    It added that patients can deposit medical-related records obtained during consultations received outside Hong Kong into their eHealth personal accounts.

    This is done through eHealth’s “Personal Folder” function, which can facilitate the storage and use of personal medical-related records obtained in and outside Hong Kong. Authorised healthcare providers in Hong Kong can access such records through eHealth during follow-up consultations.

    MIL OSI Asia Pacific News

  • MIL-OSI Translation: 25/09/2024 Speech by Minister Radosław Sikorski during the UN Security Council debate

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    On Tuesday, September 24, Minister of Foreign Affairs Radosław Sikorski spoke during the UN Security Council debate. Madam Chairwoman! Ladies and Gentlemen! The Russian ambassador announced that this debate would consist of “platitudinous statements dictated by Brussels” – this is a lie. I assure you that what you are about to hear I wrote myself. The Russian ambassador claims that Russia does not bomb civilian targets – this is another lie. Two weeks ago I visited Lviv, a city in Ukraine, where a Russian Kalibr missile hit a tenement house. In front of a man’s eyes, his wife and three daughters were pulled out of the rubble – all dead. They were all civilians, all lived far from the front line, all were killed. The Russian ambassador spoke about the children’s cemetery in Gaza, which is indeed a tragic situation. Well, Ukrainian children are not only a target for bombs. Thousands of them have been kidnapped and taken deep into Russia, where they are brainwashed to strip them of their memories and national identity. Russia claims that these children are orphans left to fend for themselves in a war zone. And another lie. Many of them have been separated from their parents, either by accident during attacks or deliberately by the invading army. Independent reports have revealed that, quote: “officials are deporting Ukrainian children to Russia or to Russian-occupied territories without their consent, lying to them that their parents do not want them, using them for propaganda purposes, and placing them with Russian families and granting them Russian citizenship.” In special camps, the abducted children are given “patriotic education” and a hotline is set up to connect them with potential “foster families” who are promised money. In addition, Mr. Putin signed a decree introducing an accelerated procedure for granting Russian citizenship to stolen Ukrainian children. These are not accidental war losses. Para planificar, which was created before the war and is now being ruthlessly implemented. UN investigators have recognized these actions as war crimes. In October 2022, the International Criminal Court issued an arrest warrant for Vladimir Putin. Ambassador Nebenzia and Russian propagandists like to call the democratically elected Ukrainian rulers Nazis – as you have just heard. It so happens that in Poland I live three kilometers from Potulice, where a Nazi filtration camp was located during World War II. We know that thousands of children were imprisoned there – from Poland and from the Soviet Union, from the areas of Smolensk and Vitebsk. Up to 800 of them died in the camp, but thousands were transferred to the West to be Germanized there. Children with blond hair and blue eyes – Aryan – were considered racially appropriate. So I have a few questions for the Russian ambassador and his superiors: What is the difference between what you are doing to the kidnapped Ukrainian children and what the German Nazis did to your children and ours? How many Russian officials have adopted stolen Ukrainian children, following the example – as reported by the BBC – of Sergei Mironov, former chairman of the Russian Federation Council? When will you return the remaining thousands of stolen Ukrainian children to Ukraine? Do you know that stealing children from another country is tantamount to genocide, as recently confirmed by the Parliamentary Assembly of the Council of Europe? Do you remember that diplomats and propagandists of a genocidal regime are also criminals – as Soviet prosecutors argued at Nuremberg, referring to Ribbentrop and Streicher? The permanent members of the UN Security Council are supposed to be guardians of peace, not wage their own wars, using this is someone else’s children. The couple brings shame to Russia, which is neither forgiven nor forgotten. And by the way – since Embajador Nebenzia denies that the Soviets collaborated with the Nazis during the invasion of Poland in 1939, here is a photo from their joint parade. I am sure you recognize the Soviet uniforms. Thank you very much!

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI Security: Grand Barachois  — Have you seen this stolen car?

    Source: Royal Canadian Mounted Police

    The Shediac RCMP is asking for the public’s help to locate a stolen car from Grand Barachois, N.B.

    The theft is believed to have occurred in the overnight hours of September 12, 2024, on Peat Moss Road in Grand Barachois.

    The vehicle is described as a white 2011 Honda Civic, with New Brunswick licence plate KCJ 643 and vehicle identification number 2HGFG1A6XBH001784.

    If you have seen the car since the evening of September 12, or if you have information that could help further the investigation, please contact the Shediac RCMP at 506-533-5151. Information can also be provided anonymously through Crime Stoppers at 1-800-222-TIPS (8477), by downloading the secure P3 Mobile App, or by Secure Web Tips at www.crimenb.ca .

    MIL Security OSI

  • MIL-OSI Translation: 24.09.2024 Breslavia “Reconstruction plus” – investments for the safety of all of us

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    El primer ministro Donald Tusk took part in a meeting of the crisis staff in Wrocław. The Prime Minister announced investments in flood protection infrastructure under the “Reconstruction plus” program, which will help reduce the scale of possible damage in the future. The government will also strengthen the Territorial Defense Forces, which have proven to be of great support in recent days. Crisis staff meeting in WrocławEl Primer Minister Donald Tusk returned to Lower Silesia after the meeting of the Council of Ministers to take part in the crisis staff meeting in Wrocław. The head of government asked for information important for citizens to be provided in the most transparent way possible. “I appreciate the professional information very much, of course, but today we have the opportunity to explain in an understandable way whether and what may threaten people in the event of a flood wave in those towns where “it is working at the moment,” the Prime Minister said to the representatives of the services present at the meeting. The Head of Government thanked all residents and services for the effort they put into strengthening security and rebuilding the areas affected by the flood. “Reconstruction plus” – ready for bold investments Program ” “Reconstruction plus” means new and better infrastructure that will help protect us against further natural disasters. “Nature will not change, or rather it will change for the worse. We will not be able to prevent such phenomena from occurring, but we must be better prepared for it. And here we have a very serious job to do,” the Prime Minister announced. The state and local governments will have to, among others: quickly develop necessary solutions for the future through public consultations. The result of this work will be investments that may seem burdensome to some – such as the construction of further reservoirs – but it is about our common safety. “We know well what would happen without the reservoir in Racibórz,” noted the Prime Minister. The government will take responsibility for making the decision. regarding needed investments. However, the Prime Minister asked local government officials for support in dialogue with residents. “We want you to participate very actively in the conversation and in convincing people. Para bromear also affects the interests of those who live there today and work there, and who may be flooded again in a year, in five, in seven years. We will have to make optimal decisions together,” explained the Prime Minister. The government will provide financing for investments in infrastructure. “Wisdom and political responsibility always require us to use such crises and disasters to intensively repair the reality around us,” concluded Donald Tusk. Conversations with residents should be honest so that everyone understands why certain actions are necessary. The Territorial Defense Forces passed the test. The Council of Ministers today adopted – in addition to the special act helping flood victims – a draft law supporting entrepreneurs who employ soldiers of the Territorial Defense Forces and Active Reserve. “The state appreciates those employers who, as part of corporate social responsibility, employ soldiers of the Territorial Defense Forces,” emphasized Deputy Minister of National Defense Władysław Kosiniak-Kamysz. The head of the Ministry of Defense presented the main solutions introduced by these regulations, including tax relief for companies employing Territorial Defense Forces soldiers. “Para bromear en este momento, in which it must be said very clearly – the Territorial Defense Forces have proven themselves in a critical situation in an unequivocally positive way” – concluded Donald Tusk. The state will strive to develop the Territorial Defense Forces and increase their effectiveness. Plan for the coming days Donald Tusk asked local government officials for precise information regarding their needs not only in the fight against the element, but also with its effects, e.g. in terms of waste disposal and collection. . But if you need other types of help – human, organizational, technical – I would ask for as detailed information as possible. We will bend over backwards to help you, not only by financing these very demanding projects,” declared the head of government. Water levels are falling in many places, but the services are still carefully monitoring the embankments and flood protection infrastructure. According to forecasts, today at midnight, for the first time in many days, the water in Wrocław will be below the alarm level. “It is too early to announce the end of the flood threat in Wrocław. The pressure on the embankments is, of course, present, but it is certainly a turning point – at least here in Lower Silesia” – Donald Tusk commented on the forecasts. The next meeting of the crisis staff in the capital of the Lower Silesian Voivodeship will be held on Tuesday at 8:00. Afterwards, the Prime Minister will return to Warsaw, where the government will submit information to the Sejm regarding actions taken during the flood. On Saturday, the Council of Ministers will again consider the state budget for next year. “I am talking about the necessary expenses related to repairing the effects of the flood. We will also want to make the first presentation of losses and, above all, how to overcome this collapse in many places and what projects we are preparing,” announced the head of government. In the following days, visits to the Lubuskie and West Pomeranian Voivodeships, where the flood wave is passing, will be possible.

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI: Eightco Announces $100 million Revenue Forecast – Releases 2025 Strategic Plan

    Source: GlobeNewswire (MIL-OSI)

    Improved Financial Condition Allows Focus on Revenue Growth & Profitability

    Easton, PA, Sept. 25, 2024 (GLOBE NEWSWIRE) — Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) is pleased to provide an update to its shareholders regarding its achievements year to date and 2025 initiatives.

    2024 Achievements

    The Company has made significant progress in 2024 by improving its balance sheet, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by $23 million. An aggregate of 5,846,627 dilutive shares related to warrants and convertible securities were cancelled in connection therewith, as well as several one-time accounting events.

    Operationally, during the 6 months ended June 30, 2024:

    • Gross profit margin was increased to 22%, versus 12% in the prior year period; and
    • SG&A was reduced to $6.9 million, down 23% from $9.0 million in the prior year period

    These improvements helped the Company regain compliance with two NASDAQ requirements, as was announced yesterday.

    2025 Plan

    The Company’s primary focus is the growth of its primary operating subsidiary, Forever 8 Fund LLC (“Forever 8”), which operates in two main areas: providing inventory solutions for small to mid-sized e-commerce sellers in the US & UK, as well as supplying refurbished Apple products for sellers in the UK and Europe. Forever 8 buys existing inventory from e-commerce sellers and commits to purchasing future inventory directly from their suppliers, maintaining specific inventory levels to enhance sales and growth. The sellers are invoiced after sales occur on a monthly basis, at which point Forever 8 charges them its cost plus a markup. Forever 8’s tech platform facilitates this entire process end-to-end, making it seamless and scalable.

    In the short term, the Company intends to seek additional non-dilutive senior debt financing to replace the capital used to repay its dilutive convertible notes in the first quarter of 2024. The Company currently has approximately 1.8 million shares outstanding. By deploying this capital, the Company aims to deliver 2025 revenues of $100 million, with the Company achieving positive EBITDA at the public company level. Such funding would also support further growth in 2025. Forever 8 believes it can deploy significant additional capital via its scalable platforms due to high inbound demand for its services from existing and new customers.

    Paul Vassilakos, CEO of Eightco and President of Forever 8, said “The Company is excited to focus on prioritizing the Forever 8 business to deliver growth and shareholder value through 2025. With regaining compliance with the NASDAQ rules behind us and a significantly improved balance sheet, we believe 2025 has the potential to be our best year since our inception in 2020.”

    About Eightco

    Eightco (NASDAQ: OCTO) is committed to growth of its subsidiaries, made up of Forever 8 Fund LLC, an inventory capital and management platform for e-commerce sellers, and Ferguson Containers, Inc., a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions. Through a combination of innovative strategies and focused execution, Eightco aims to create significant value and growth for its portfolio companies and stockholders.

    For additional information, please visit www.8co.holdings

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to regain and maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; the inability to innovate and attract users for Eightco’s and its subsidiaries’ products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 1, 2024, as amended. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.

    For further information, please contact:
    Investor Relations
    investors@8co.holdings

    The MIL Network

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on Fund of Funds ETFs

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions on the following YieldMax™ ETFs:

    ETF
    Ticker
    1
    ETF Name Distribution
    per Share
    Distribution
    Frequency
    Distribution
    Rate
    2,4
    30-Day
    SEC Yield
    3
    Ex-Date &
    Record Date
    Payment
    Date
    YMAX YieldMax™ Universe Fund of Option Income ETFs $0.2220 Weekly 64.49% 65.73% 9/26/2024 9/27/2024
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs $0.1701 Weekly 45.49% 50.80% 9/26/2024 9/27/2024

    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    1   YMAX and YMAG each have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs.

    2   The Distribution Rate shown is as of close on September 24, 2024. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    3   The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended August 31, 2024, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

    4  As of the date hereof, distributions for YMAX and YMAG have included return of investor capital. For additional information, please visit http://www.yieldmaxetfs.com/TaxInfo.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Standardized Performance

    For YMAX, click here. For YMAG, click here.

    Prospectuses

    Click here.

    Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information are in the prospectus. Please read the prospectuses carefully before you invest.

    There is no guarantee that that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs and ZEGA Financial is their sub-adviser.

    THE FUND, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING ISSUER.

    Risk Disclosures (the following risks are applicable to all YieldMax ETFs shown in the table above)

    Investing involves risk. Principal loss is possible.

    Underlying Security Risk. Each Underlying YieldMax™ ETF invests in options contracts that are based on the value of its Underlying Security. This subjects each Underlying YieldMax™ ETF to certain of the same risks as if it owned shares of its Underlying Security, even though it does not. As a result, each Underlying YieldMax™ ETF is subject to the risks associated with the industry of the corresponding Underlying Issuer.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Each Underlying YieldMax™ ETF’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or Underlying YieldMax™ ETF’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions. The Underlying YieldMax™ ETFs investment strategies are options-based. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are

    affected by fiscal and monetary policies and by national and international policies, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. Each Underlying YieldMax™ ETF aims to provide current income, although there’s no guarantee of distribution in any given period, and the distribution amounts may vary significantly. Distributions may consist of capital returns, reducing each Underlying YieldMax™ ETF’s NAV and trading price over time, thus potentially leading to significant losses for investors (including the Fund), especially as an Underlying YieldMax™ ETF’s returns exclude any dividends paid by the Underlying Security, which may result in lesser income compared to a direct investment in the Underlying Security.

    NAV Erosion Risk Due to Distributions. When an Underlying YieldMax™ ETF makes a distribution, its NAV typically drops by the distribution amount on the related ex-dividend date. The repetitive payment of distributions may significantly erode an Underlying YieldMax™ ETF’s NAV and trading price over time, potentially resulting in notable losses for investors (including the Fund).

    Call Writing Strategy Risk. The continuous application of each Underlying YieldMax™ ETF’s call writing strategy impacts its ability to participate in the positive price returns of its Underlying Security, which in turn affects each Underlying YieldMax™ ETF’s returns both during the term of the sold call options and over longer time frames. An Underlying YieldMax™ ETF’s participation in its Underlying Security’s positive price returns and its own returns will depend not only on the Underlying Security’s price but also on the path the Underlying Security’s price takes over time, illustrating that certain price trajectories of the Underlying Security could lead to suboptimal outcomes for the Underlying YieldMax™ ETF.

    Single Issuer Risk. Each Underlying YieldMax™ ETF, focusing on an individual security (Underlying Security), may experience more volatility compared to traditional pooled investments or the market generally due to issuer-specific attributes. Its performance may deviate from that of diversified investments or the overall market, making it potentially more susceptible to the specific performance and risks associated with the Underlying Security.

    High Portfolio Turnover Risk. Each Underlying YieldMax™ ETF may actively and frequently trade all or a significant portion of the Underlying YieldMax™ ETF’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Underlying YieldMax™ ETF’s expenses.

    Counterparty Risk. Each Underlying YieldMax™ ETF faces counterparty risk through its investments in options contracts, held via clearing members due to its non-membership in clearing houses, with the risk exacerbated if a clearing member defaults or if limited clearing members are willing to transact on its behalf. This risk is also magnified as the Underlying YieldMax™ ETF primarily focuses on options contracts on a single security, potentially leading to losses or hindrance in implementing its investment strategy if adverse situations with clearing members arise.

    Price Participation Risk. Each Underlying YieldMax™ ETF employs a strategy of selling call option contracts, limiting its participation in the value increase of the Underlying Security during the call period. Should an Underlying Security’s value increase beyond the sold call options’ strike price, the Underlying YieldMax™ ETF may not experience the same extent of increase, potentially underperforming the Underlying Security and experiencing a NAV decrease, especially given its full exposure to any value decrease of the Underlying Security over the call period.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. As a result, a decline in the value of an investment in a single issuer or a smaller number of issuers could cause the Fund’s overall value to decline to a greater degree than if the Fund held a more diversified portfolio.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, YieldMax™ ETFs or ZEGA Financial.

    © 2024 YieldMax™ ETFs

    The MIL Network

  • MIL-OSI: Totalkredit and competition authorities reach agreement about Totalkredit partnership – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen A/S and the press

    25 September 2024

    Totalkredit and competition authorities reach agreement about Totalkredit partnership

    Totalkredit and Nykredit have entered into an agreement with the Danish Competition and Consumer Authority. In 2003 the Danish competition authorities approved the Totalkredit partnership. The agreement concerns the exit terms of the agreement behind the Totalkredit partnership.

    Since October 2020, Totalkredit has been in continuous dialogue with the Danish Competition and Consumer Authority. Over the past almost four years, the authorities have carried out extensive market research and submitted two draft agreements to competitors and Totalkredit partner banks for consultation.

    Totalkredit and the authorities have had constructive talks. Throughout the process, it has been essential for Totalkredit to make sure that – together with the Totalkredit partner banks – we can continue to offer the most attractive mortgage loans all over Denmark. It has also been crucial for Totalkredit to preserve a key characteristic of the Danish mortgage system: That all homeowners, in all parts of Denmark, pay the same price for their mortgage loans.

    Based on the market research conducted and the continuous dialogue between the parties, Totalkredit and the Danish competition authorities have reached an agreement. The agreement includes the following amendments to the Totalkredit partnership agreement:

    Going forward, in case the partner banks leave the Totalkredit partnership and enter into new partnerships, they can keep 100% of future commission payments for loans distributed by them against continuing to provide security for the loans. At the same time, the partner banks will be able to distribute mortgage loans to homeowners from non-vertically integrated mortgage loan providers, including new or existing small mortgage lenders. Also, the partner banks will remain free to partner up with providers other than Totalkredit on the funding of secured homeowner bank loans.

    Michael Rasmussen, Chair of the Board of Directors of Totalkredit and Group Chief Executive of Nykredit, says:

    • ”I am pleased that there is now clarity about the framework of the Totalkredit partnership. For Totalkredit, it has been imperative to reach an agreement that provides the best possible foundation for continuing our strong, long-term partnership with the Totalkredit partner banks so that we remain able to offer the best and most attractive loans in the market to Danish homeowners all over the country.”
    • “Totalkredit’s product offering is highly competitive. We see that an increasing number of Danish homeowners opt for Totalkredit as their home finance provider. This can be attributed to our KundeKroner discounts that enable us to offer the most attractive mortgage loans in the market, and our partner banks that provide sound, local advisory services all over the country. This is in contrast to the largest banks in Denmark, which have in recent years closed branches and withdrawn from large parts of Denmark, especially outside the big cities.”

    With the agreement, the Danish competition authorities have provided clarity about the framework of the Totalkredit partnership, and it is therefore natural that we will now, together with the Totalkredit partner banks, start looking at ways to modernise our partnership within the new framework.

    For press enquiries, please call +45 31 21 06 39.

    Attachment

    The MIL Network

  • MIL-OSI Submissions: Economy – Earnings season, not central banks, will now drive markets – deVere Group

    Source: deVere Group

    September 25 2024 – With central banks beginning to lower interest rates, earnings season will be a primary driver of stock markets, affirms the CEO of one of the world’s largest independent financial advisory and asset management organizations.

    Nigel Green of deVere Group is weighing in ahead of the critical reporting season which moves up a gear next week and as US futures dipped on Wednesday morning as Wall Street seems on track to extend its impressive September gains.

    “As the Federal Reserve, and its global central bank peers, shift gears by lowering interest rates, the spotlight is turning to the broader economy, raising the stakes for the upcoming Q3 earnings season,” he says.

    “Investors are now eagerly awaiting company reports that will provide crucial insights into how key businesses are doing.

    “With the recent rate cuts signaling concerns about economic growth, corporate performance and guidance will play a critical role in shaping market sentiment and investment strategies in the coming months.”

    This move has shifted investor focus from the central bank’s actions to the overall health of the economy.

    “As interest rates drop, the effectiveness of this monetary easing in stimulating growth and sustaining corporate profitability becomes a key concern for market participants,” notes the deVere CEO.

    While the rate cut provides some relief from borrowing costs, it also indicates that the economic outlook may be less robust than previously thought.

    This has raised the importance of corporate earnings reports as investors seek tangible data on how companies are coping with challenges such as changing consumer demand.

    Nigel Green continues: “Beyond the top-line and bottom-line numbers, the commentary from corporate leaders will be particularly telling. Executives’ perspectives on demand trends, cost pressures, and strategic adjustments will provide deeper insights into the business climate and potential growth opportunities or pitfalls.”

    As the Q3 earnings season ramps up, it is likely to bring increased market volatility.

    “Unexpected earnings results or cautious forward guidance is going to trigger sharp market moves, particularly in sectors most sensitive to economic changes, consumer discretionary, financials, and industrials. Investors should be prepared for a period of heightened activity and adjust their strategies accordingly,” he confirms.

    Financials and consumer goods companies typically report early, followed by tech and industrial firms.

    The deVere Group CEO concludes: “This earnings season will be the true barometer of economic health.

    “As companies report their results, the narratives they share will carry more weight than any central bank policy change.

    “The earnings we see in the coming weeks will not only illuminate the resilience of businesses, but also provide crucial insights for investors facing this transitional phase.”

    deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $12bn under advisement.

    MIL OSI – Submitted News

  • MIL-OSI: Climb Channel Solutions Announces A-LIGN, Security and Compliance Partner, as Global Contract

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., Sept. 25, 2024 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) has announced the addition of A-LIGN, a security vendor leading the industry in compliance, to its global offerings.

    A-LIGN is a leader in SOC 2, ISO 27001, HITRUST, FedRAMP, CMMC, and more, while addressing cybersecurity needs, such as, penetration testing, ransomware preparedness, social engineering, and GDPR. Together, Climb and A-LIGN can expand their global partner base, providing existing and new partners with top cybersecurity compliance programs to assist in mitigating cybersecurity risk.

    “We are excited to partner with Climb, and their recognized distribution network, to enhance our reach into the market. This collaboration allows us to work with a vast network of MSPs and VARs, filling a crucial gap in their current offerings. Together, we are well-positioned to expand internationally and domestically, staying on the cutting edge of evolving market trends. As leaders in the space, this partnership underscores our commitment to providing top-tier cybersecurity and compliance solutions globally.” said Andrew Steioff, Vice President, Global Strategic Alliances at A-LIGN.

    A-LIGN’s compliance expertise will benefit Climb and its partners to answer the demand for customers to stay secure and compliant. A-LIGN’s holistic approach allows customers to continue to utilize their current infrastructure without having to restructure amidst changing regulations.

    “Compliance is at the forefront of conversations across the IT channel as organizations are constantly navigating regulations,” says Dale Foster, CEO of Climb Channel Solutions. “At Climb, the priority to provide the necessary cybersecurity tools and resources in this age of compliance is tantamount.  By partnering with A-LIGN, a trusted leader in SOC 2, ISO 27001, HITRUST, FedRAMP and more, we are ensuring that our reseller partners have the resources needed to go from audit to strategic compliance.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About A-LIGN 

    A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and HITRUST and a top three FedRAMP assessor. To learn more, visit a-lign.com. 

    For Media & PR inquiries contact:

    A-LIGN
    Abigail Rodrigues
    abigail.rodrigues@a-lign.com

    The MIL Network

  • MIL-OSI USA: Good Things Are in the Air in Oregon

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)
    Tuesday, September 24, 2024
    Two recent events in Oregon point to things looking up in the state. Last week I felt like I was walking on air when I took part in the tip-off of the WNBA awarding an expansion franchise to Portland. Last month, I was jazzed to see small, locally produced UAV businesses accelerate up in Pendleton. 
    Back in February 2023, a team of Oregonians passionate about women’s sports, gathered at my friend Jenny Nguyen’s “The Sports Bra” in Portland with WNBA Commissioner Cathy Engelbert. 
    At that roundtable with women athletes, women’s sports executives and coaches from all over the state, Oregon put on a world-class show of support for women’s sports.
    The question that night was not “whether” Portland would get a WNBA team, but “when.” We know now that our team will take the court in 2026 and I’m already hearing reports of Oregonians planning in Portland, huddling in Hermiston, meeting in McMinnville and brainstorming in Beaverton to discuss what the team’s name should be.    
    The fact that the WNBA chose Portland for its next team is a ‘nothing-but-net’ kind of endorsement and  is definitely one for the W column. Not only will the team generate positive economic impact for local  restaurants, hotels and shops, it will also create memorable experiences for families to build on their hoops dreams in Portland.   
    Chalking up another W for Oregon, last month I was delighted to see the good work of the UAS Accelerator in Pendleton and how it is helping small, local businesses take flight by producing and refining UAVs right here in Oregon.  
    It’s clear that UAVs can be literal lifesavers in emergencies like wildfires where the terrain can be treacherous and hard to reach. UAVs also help the environment by using precise spraying methods, which reduce the unintentional spread and needless overuse of herbicides and fertilizers, as well as conserving energy and water.  And potentially the application with the most impact is the security that comes with domestically-produced technology—the kind of technology we depend on in emergencies must be resistant to foreign interference.   
    That’s a W for crucial technology and another for generating meaningful jobs for Oregonians. 
    The potential to create good-paying jobs is always on my radar, and I was particularly struck with Phenix Solutions Inc. out of McMinnville. Its Ultra 2XL UAV model’s ability to haul heavy loads of water or equipment to aid with emergencies in difficult terrain has already earned it contracts with the U.S. Navy and U.S. Air Force, with potential for much more.
    Phenix Solutions is not only innovating with fire-fighting technology the West Coast so dearly needs in an escalating climate crisis, it’s also creating job opportunities for Oregonians, making it possible for them to buy homes and raise families outside of Portland. Phenix Solutions currently employs 20 people with an average salary of $123,000; it predicts that number of employees will increase by 50% in 2025.
    These high-flying successes for Oregon could not have been achieved alone, but rather could only be reached by Oregonians lifting each other up and engaging in the Oregon Way.
    Whether it’s working together to create meaningful experiences for Oregonians, creating domestic solutions to common challenges, or enhancing our local economy, when Oregonians work together we can reach stratospheric heights.  

    MIL OSI USA News

  • MIL-OSI United Kingdom: GPs join University to train the next generation of doctors GPs from across the north-east are helping to support the next generation of doctors at the University of Aberdeen.

    Source: University of Aberdeen

    The GP tutorsGPs from across the north-east are helping to support the next generation of doctors at the University of Aberdeen.
    They have returned to the classroom as part-time tutors to provide interactive, immersive clinical training to students – roles taken on in addition to their commitments at their practices.
    To help deliver the increased GP teaching at the University, ten new GP tutors have joined the 12 already supporting students on the medicine degree course as student numbers have swelled. In the third-year cohort which undertakes training in General Practice, student numbers have risen from 217 two years ago to 279 for the current academic year.
    The tutors will support the delivery of a more experiential learning style as part of a new curriculum introduced in 2022 designed to support students in readiness for their clinical placements in Year 4.
    The teaching sessions involve active participation from students, including role play, case-based discussions, practicing writing referral letters or interpreting blood results, and video consulting with real patients.
    Feedback from medical students has been positive. One previous third-year student said: “It has been one of my favourite aspects of Y3 and given me a great insight to GP world, so much so that now it is a real consideration in my future career.” Another added: “GP teaching this year was amazing and it provided interactive, diverse teaching opportunities that catered to a variety of learners and I can only commend the team for their work. Truly amazing!”
    GP tutors have also indicated the benefits of taking on the role with a tutor who has taught since 2022 saying: “In order to facilitate training of GPs of the future – ones who actually want to be GPs – we need to expose students to teaching from those who have genuine, day-to-day experience of the clinical work.  It allows the sessions to be engaging and realistic, gives the students an idea of how things actually work in practice and gives us an opportunity to inspire future GPs.”
    Dr Naomi Dow, GP and Senior Clinical Lecturer at the University of Aberdeen said: “Despite the pressure on GPs locally and nationally, we have filled all positions, and now have a team of enthusiastic GPs ready to teach our large year group of 279 students.
    “Aberdeen medical students now have far more exposure to General Practice than they did even five years ago and we hope this will encourage more students into the field and provide them with a wider range of options when it comes to choosing their clinical specialisms.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Kremlin could never have envisaged how war in Ukraine is developing: UK statement to the OSCE

    Source: United Kingdom – Executive Government & Departments

    UK military advisor, Nicholas Aucott, says the military situation is markedly different to what many expected two and a half years ago and this is a testament to the bravery and fortitude of the Ukrainian people.

    Thank you, Mr Chair. The present situation in the ongoing conflict between Russia and Ukraine is one that the Kremlin could hardly have envisaged when it embarked on its devasting war of aggression.

    Russia boasted that Ukraine would be defeated in a three-day lightning war, yet today marks two years and 219 days of this conflict. Ukraine now controls Russian territory in the Kursk Oblast. This is the first time that Russian territory has been held since the Second World War. We should be clear: this is a direct consequence of Russia’s illegal invasion and entirely consistent with Ukraine’s right to self-defence. To try and tackle this situation of its own making, Russia has been launching 50% of its glide bombs at its own territory, and on the neighbouring Sumy region of Ukraine.

    Since we met last week, on the evening of 17-18 September Ukraine conducted a successful attack on the Toropets strategic ammunition depot. Renovated in 2018, this was one of Russia’s largest strategic ammunition depots supporting Russia’s operation in Ukraine and housing ammunition of varying calibres, including ammunition procured from the DPRK.

    The resulting explosion recorded 2.7 on the Richter scale, equivalent to a mild earthquake. It forced Russia to declare a state of emergency, with the resulting fires 6 km wide and detectable from space. This was followed on 21 September by additional successful strikes on depots again in Toropets, and in Tikhoretsk. These Ukrainian strikes mark significant strategic setbacks for the Kremlin. The level of losses accounts for months of Russian ammunition expenditure rates.

    Moreover, Russia continues its attacks on Ukrainian civilian and energy infrastructure in an attempt to try and break the will of the Ukrainian people. Strikes in Ukraine’s central region of Poltava cut power to 20 settlements, whilst in Zaporizhzhia Oblast, an attack on Monday killed at least one person and injured seven, amongst them a 13 year old girl and a 15 year old boy.

    The military situation is markedly different to what many expected two and a half years ago and this is a testament to the bravery and fortitude of the Ukrainian people. But it is also critical that Ukraine continues to receive the support of allies and partners, diplomatically and militarily. The Kremlin would like to portray such support as a western conspiracy. But the reality is that the Russian state isolated itself from the moment it instigated an unprovoked, premeditated and barbaric attack against a sovereign democratic state. Furthermore, Russia has contravened international law and misled this Forum completely.

    The United Kingdom’s support to Ukraine is ironclad. To date the UK’s total military, economic and humanitarian support for Ukraine amounts to £12.8 billion, which includes £7.8 billion in military support. £3 billion in military aid has been pledged to Ukraine in 2024-25, a £700 million increase on 2023-24.

    The gap between Russia’s expectation of a three-day operation and the 943-day reality continues to grow. The Russian state has a clear path to prevent this metric from diverging further. It must cease hostilities and withdraw from Ukraine’s internationally recognised borders.  The United Kingdom, alongside its partners, will continue in its enduring support for Ukraine’s independence, sovereignty and territorial integrity. Thank you.

    Updates to this page

    Published 25 September 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Drive to Net Zero Wins Award

    Source: Scotland – City of Dundee

    Dundee City Council is celebrating more national success for its drive to net zero and use of electric vehicles.  

    Logistics UK recently announced the winners of its Van Awards 2024.   

    Dundee City Council won the Van Decarbonisation category against competition from industry giants like Aspire Defence, John Lewis Partnership, Reflex Vehicle Hire, Speedy Hire and the AA.   

    The award put a national spotlight on Dundee’s electrification and decarbonisation strategy  

    Simultaneously, Dundee City Council will now be shortlisted for the Van Business of the Year category at the prestigious Logistics Awards 2024 taking place in December.  

    Fair Work, Economic Growth and Infrastructure convener Cllr Steven Rome said: “This award represents more national recognition for the journey Dundee is undertaking.    

    “We have accomplished much, and we are working on actions set out in the Council’s Net Zero Transition Plan to become a more sustainable city and a more modern council.” 

    Kevin Green, Director of Policy & Communications at Logistics UK said: “The competition was fierce this year and being selected as a finalist is a great achievement itself Over three million people employed across industries ranging from engineering and construction to emergency and rescue services rely on a van for their job, so it is impossible to understate the contribution the sector makes to all our lives and the broader economy.”  

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Building climate resilience

    Source: Scottish Government

    Plan to help communities understand how climate change impacts their lives.  

    Communities and businesses across Scotland will be given support and tools to help tackle the unavoidable impacts of climate change as part of the Scottish Government’s new National Adaptation Plan.

    The Scottish National Adaptation Plan 2024-2029 (SNAP3) sets out a comprehensive suite of more than 200 actions and proposals for managing the current and future impacts of climate change in Scotland.

    Climate change means Scotland will experience more extreme weather. Flooding, water scarcity and hot weather can damage our environment, disrupt public transport and affect our supply of foods, vital goods and services. This means that households, communities, businesses and organisations across Scotland are having to consider the impacts of climate change more than ever. 

    It includes how sectors including agriculture, transport and health as well as businesses and communities will prepare for more extreme weather events, such as flooding, water scarcity and extreme periods of heat. These include:

    • £5.5 million of funding this year to complete a national network of Community Climate Action Hubs to drive locally-led climate action across Scotland
    • investing £400million investment to Scotland’s railway infrastructure to reduce weather-related disruption
    • facilitating peer-to-peer support to local governments and public services to prepare for the impacts of climate change for local populations
    • providing advice and support to businesses on how they can future proof their workplaces through practical check-lists on how to prepare for the impacts of climate change
    • ensuring the NHS Scotland estate is prepared and equipped to deal with extreme heat and flooding

    Launching the plan at a visit to the Restoring the River Leven project, First Minister John Swinney said: 

    “While we must ensure Scotland continues to play its part in addressing the causes of climate change, we must also be ready to deal with the impacts that are already locked in giving us wetter winters, drier summers and more weather-related disruption.

    “Our new Adaptation Plan is our most comprehensive response to protecting people’s lives and livelihoods against the risks of climate change – with over 200 actions to build climate resilience in our communities, businesses, public services and natural environment. 

    “I am proud to lead a Scotland that is driving forward the race to net zero, whilst ensuring that our country is ready for the impacts of climate change that we are already experiencing. This can be demonstrated through the Leven River Restoration Project, which has adapted the local landscape to help reduce the amount of flooding in the area, whilst restoring and encouraging wildlife and nature to flourish. It is a fantastic example of how collaborative working can use nature to adapt to the challenges we face at the same time as delivering benefit for the local community.” 

    Nicole Paterson, Chief Executive of the Scottish Environment protection Agency (SEPA), said:

    “Scotland’s natural environment is globally renowned and our water environment, as we can see in Leven today, is central to our environmental, economic and social success. Scotland’s water quality is at its highest level ever, with more than 87% of our water environment achieving good or high classification for water quality, with an ambition to go further.

    “Our climate is already changing and as Scotland’s environment agency, we’re at the forefront of working with partners to respond and adapt. The Water Environment Fund, including The Leven Project, is a very visible story for change and a great example of how public, private and community sector partners can successfully collaborate to improve water environments, boost flood resilience and deliver community benefits.

    “In Scotland’s Climate Week, it’s fitting that we hear directly from young people and community partner’s who’ve worked so hard locally and who’s future depends on the work that together we do today.”

    Fife Council Leader Councillor David Ross said:

    “Fife Council welcomes the Scottish Government’s new Climate Change Adaptation Plan, which marks an important step forward in the collective fight against climate change.

    “Much has changed since Fife Council declared a Climate Emergency in 2019 and, although we have made significant progress on a number of fronts, we are committed to helping our communities prepare for, and respond to, the effects of climate change.

    “The First Minister’s visit to the Restoring the River Leven project highlights the remarkable progress that can be achieved through strong partnership working, in this instance between Fife Council, SEPA, Fife Coast and Countryside Trust and local communities.

    “This close collaboration has also led to – and will lead to – additional benefits through the Levenmouth Connectivity Project, the Active Travel Network and River Park Routes as well as The River Park Project that sit alongside the restoration project as part of the wider Leven Programme.

    “Fife Council remains fully committed to leading the way in tackling climate change and we are proud to be part of initiatives that not only restore our natural environment but also build resilience for the future.”

    Jeremy Harris, CEO at Fife Coast and Countryside Trust, said: 

    “This project to restore the River Leven is a working example of different organisations coming together to deliver something that directly contributes to the outcomes laid out in the new Scottish National Adaptation Plan. The carefully considered interventions already under way will return the river to its more natural flowing state ensuring that nature connects through the Leven catchment and delivers direct benefits to the local communities.

    “Improved infrastructure with the river at its centre will serve the surrounding communities and enrich the lives of those who make use of it. At Fife Coast and Countryside Trust our mission is to connect environment and people and this river restoration project, running through the heart of Levenmouth, is a wonderful example of how to do just that. I look forward to seeing the natural world and local communities flourish thanks to this work for years to come.”

    Background  

    Scottish National Adaptation Plan 2024-2029 – gov.scot (www.gov.scot)

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: World Rivers Day 2024: Removing fish barriers across South West

    Source: United Kingdom – Executive Government & Departments

    Fish have been moving more freely thanks to joint efforts to remove manmade barriers blocking them from going home to spawn or reach vital habitats.

    Before and after a weir was removed from the River Camel Credit: Westcountry Rivers Trust

    World Rivers Day, which happens on the fourth Sunday of September, is a global event which celebrates rivers around the world – including the River Camel in Cornwall and River Tarrant in Dorset where the Environment Agency and partner organisations have worked hard to remove weirs in the past year.  Staff have also been investigating the River Teign to draw up a detailed map of 59 manmade structures and a further 79 obstacles to inform future action. 

    An Environment Agency spokesperson said:

    World Rivers Day is an excellent reminder to celebrate what we have and the vital work that is being undertaken to protect and improve our rivers   

    The cost of removing these legacy structures when demands on rivers were different are prohibitive. But thanks to partnership help from bodies like Westcountry Rivers Trust and Wessex Rivers Trust, we are overcoming these obstacles.  

    There are many pressures on fish including the iconic salmon which is seeing a global decline in numbers. Removing historic obstacles is one way to improve their future and enhance the environment that they live in.

    This weir on the River Camel was causing issues for fish Credit: Westcountry Rivers Trust

    How the River Camel looks now the weir has been removed Credit: Westcountry Rivers Trust

    Alongside removing obstacles in the river, initiatives like reducing the canopy of forested areas to let more light into habitats and slowing the flow of water with leaky dams have improved the environment for the wildlife dependent on both rivers.  

    Laurence Couldrick, Chief Executive Officer for Westcountry Rivers Trust, said:

    The two barrier removals on the upper River Camel have contributed to safeguarding this beautiful Cornish river and many of the protected species that rely on free-flowing rivers.   

    As well as removing barriers to fish passage this also provides numerous ecological benefits such as restoring natural flow regimes, improving sediment transport, improved water quality, enhanced biodiversity and improving climate resilience.

    A spokesperson for the National Trust said:

    Partnerships are a powerful tool to unlock benefits for our catchments and maximise the positive impacts of any project.   

    In priority rivers for Atlantic Salmon in the South West such as the Teign, Lemon and Plym we are working closely with the Environment Agency, Rivers Trusts and other partners to undertake monitoring, enhance habitats and remove or provide solutions to the presence of barriers, with wider benefits to local wildlife and communities.

    Background

    Read our World Rivers Day 2024 blog by our director of water about the biggest causes of river pollution.

    Updates to this page

    Published 25 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Polytechnic University Higher School of Engineering and Economics Wins BRICS Megagrant Competition

    MIL OSI Translation. Region: Russian Federation –

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

    A team of researchers from the Higher School of Engineering and Economics (VIES) of the Institute of Industrial Management, Economics and Trade, together with colleagues from India and China, have won an international mega-grant from the BRICS framework program. Over the course of three years, the research team will analyze and evaluate the sustainable development of industrial and regional structures in the countries participating in the project.

    The project of the Higher School of Engineering and Economics, developed jointly with scientists from India and China, received funding under the BRICS STI Framework Programme Call 2023: Climate Change Adaptation and Mitigation.

    The BRICS Framework Programme for Scientific and Technological Integration (BRICS STI FP) is aimed at supporting advanced technical, economic, environmental and social solutions in priority areas for ensuring the progressive development of the Commonwealth countries and bringing a synergistic effect. The programme envisages an annual competition for mega-grants for the implementation of international research projects involving participants from BRICS member states jointly carrying out fundamental, applied and innovative research.

    A total of 104 applications were submitted for the competition in 2024. The project of the team of researchers from the Higher School of Engineering and Economics led by the director of VIES Dmitry Rodionov on the topic “Managing the sustainable development of industrial structures within the framework of the Water-Energy-Food concept” became one of 19 winning projects that were selected for financial support.

    The research project of the SPbPU team of scientists is based on the latest concept of “Water-Energy-Food”. The work will involve a comprehensive systemic study in three areas: analysis and assessment of the potential for sustainable development in the fuel and energy complex, mechanical engineering and the agro-industrial complex in Russia, India and China. The central link in the study is the economic and mathematical block “Systemic Modeling of Industrial and Regional Structure Development Management Processes” under the supervision of Doctor of Economics Andrey Zaitsev. The best mathematical models and tool developments will be implemented in decision-making systems in managing the sustainable development of industrial structures in Russia, China and India.

    The success of the project in the grant competition was largely determined by the scientific competencies and creative potential of the VIESH team, including both experienced scientists – doctors of science (D. G. Rodionov, N. G. Viktorova, I. A. Rudskaya, A. A. Zaitsev), and young researchers trained by the school, including those who received PhD degrees in the dissertation councils of the Polytechnic University (N. D. Dmitriev, A. S. Furtatova, D. D. Tutueva, D. A. Kryzhko). The team included researchers involved in the economics of energy, water resources, the agro-industrial complex, and the development of mathematical and statistical methods in economics.

    The project will be implemented with the support of industrial partner Neo Engineering LLC.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.spbstu.ru/media/nevs/achivments/higher-engineering-economics-school-polytechnic-winner-of-the-competition-for-a-mega-grant-bri/

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

    MIL OSI Russia News

  • MIL-OSI Russia: Over six thousand Muscovites will begin resettlement under the renovation program in September and October

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    In September, residents of 12 buildings began moving into apartments under the renovation program. In the near future, city residents from another 13 old buildings will begin moving into new buildings. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    In September, 11 buildings built under the renovation program will be handed over for occupancy in the capital. More than six thousand Muscovites will move into them.

    “New buildings erected under the renovation program are located in six administrative districts. Thus, four residential complexes are located in the Eastern District, two new buildings are in the South-Eastern and Western Districts, and one building is in the Central, Southern and Northern administrative districts. More than 2.8 thousand apartments have been prepared for those moving,” Vladimir Efimov noted.

    Playgrounds, sports grounds and recreation areas are located near the houses. All residential complexes are designed taking into account the principle of a barrier-free environment, i.e. they are convenient for people with limited mobility and parents with baby carriages.

    The ground floors are non-residential premises. They are intended for commercial use – service facilities and other necessary infrastructure can be located there.

    “As part of the renovation program, 25 old houses will be resettled. City residents are moving within the boundaries of their district. For some, transport accessibility is improving. For example, future new residents in the Nagorny District are moving to a house in Elektrolitny Proyezd. It is located a three-minute walk from the Nagornaya metro station,” added the Minister of the Moscow Government, Head of the Department of Urban Development Policy

    Vladislav Ovchinsky.

    The move is being carried out in stages. The resettlement of residents of four old houses in the Nagorny district has now begun, two buildings are being vacated in the Voykovsky, Lyublino and Fili-Davydkovo districts. In addition, residents of one house in the Presnensky district and one in the Vostochny district are moving.

    As reported by the Minister of the Moscow Government, Head of the Department of City Property Maxim Gaman, offers of equivalent apartments have been sent to 1.9 thousand residents of old houses in six districts of the capital. They have already started to inspect the new housing. In addition, the mos.ru portal has a super service “Assistance with moving within the framework of the renovation program”Muscovites with a full account can choose the date and time for viewing the apartment online.

    Earlier Sergei Sobyanin reportedthat in September 11 houses will be handed over for settlement under the renovation program.

    Almost 20 thousand Muscovites have signed contracts for new apartments under the renovation program since the beginning of the year

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

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

    Since the start of the renovation program, the number of launch pads has tripled

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/144420073/

    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 Translation: ASIA/LEBANON – Middle East Council of Churches: “global aggression” against Lebanon. Father Zgheib: village hit a few kilometers from the Maronite Patriarchate

    MIL OSI Translation. Region: Italy –

    Source: The Holy See in Italian

    UNHCR

    Beirut (Agenzia Fides) – The ongoing military escalation in Lebanon has turned “into a global aggression against various Lebanese regions, with the consequent sacrifice of thousands of citizens and the displacement of hundreds of thousands of people” from the southern part of the country and the Bekaa Valley. These are “crimes” that “indicate the contempt of the forces of aggression for the principles of international law, the rules of the Geneva Conventions and all the conventions that regulate armed conflicts”. This was denounced by the Middle East Council of Churches (MECC), the ecumenical body based in Beirut, which in a statement released yesterday also asked “the international community to intervene as soon as possible and to express a clear position condemning war crimes against civilians with the launching of raids, the systematic destruction of property and the interruption of food and health supplies”. Faced with the tragic events underway in Lebanon, the MECC held an emergency meeting of the General Secretariat, chaired by the Secretary General, the Lebanese Orthodox Christian professor Michel Abs. The participants of the meeting prayed together for peace and discussed “urgent humanitarian issues and ways to support families”. In the statement, without naming the Israeli army, the MECC “strongly condemns the killing of innocent people, children, women, elderly people and other civilians, and deplores the attacks conducted by the aggression forces on densely populated areas that led to the death of about 500 people in a single day and the displacement of hundreds of thousands of citizens from their settlement areas”. The text also calls for “providing international protection to civilians so that organizations and associations can provide them with the materials necessary for a dignified life”. During the meeting, the participants also set up a working group responsible for coordinating initiatives on the ground aimed at supporting families displaced from their areas. “We all live in a condition in which anguish, pain, anger and fear are mixed” Maronite priest Rouphael Zgheib, Director of the Lebanese Pontifical Mission Societies, tells Agenzia Fides and professor at the Jesuit Saint Joseph University. “The uncertainty about what awaits us also weighs on everything. We cannot understand who can stop all this, and if the attacks are just the beginning”. The bombings of the Israeli army are aimed at targets identified as possible bases of the Shiite Hezbollah Party. A strategy that has also been hitting small enclaves and Shiite villages in areas predominantly inhabited by Christians for days. “This morning” Father Rouphael Zgheib told Fides “the small Shiite village of Maaysra, in the Keserwan area, a historic settlement area of Catholic communities, was bombed. It is a village that is a few kilometers from the seat of the Maronite Patriarchate, in Bkerké”. The bombings in central Lebanon have the effect of spreading fear throughout the population. Mistrust and suspicion are also growing, after having transformed even personal pagers and walkie talkies into deadly devices has made it potentially dangerous to even speak or be near people belonging to the Shiite community, directly or indirectly connected to Hezbollah. “This situation of uncertainty,” adds Father Zgheib, “also affects relief efforts for the displaced and the injured. Hospitals are collapsing, they were not prepared to treat the number of people injured in the face and eyes by pagers that have become devices. Churches and schools are opening to welcome the displaced, there are many individual initiatives of solidarity with Christians and Muslims fleeing from the south and other affected areas. But this spontaneous solidarity coexists with feelings of mistrust. The propaganda and political polarizations of recent years have insinuated suspicion and unleashed mutual attacks between the different Parties who accuse each other of ‘betraying Lebanon’ and of being a disaster for the country. The economic crisis has also limited the willingness to help those in need. And this leads many to help only the members of their own family network and their own confessional group”. (GV) (Agenzia Fides 25/9/2024) Share:

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

    MIL Translation OSI

  • MIL-OSI Asia-Pac: Golden Week travel meeting held

    Source: Hong Kong Information Services

    The Security Bureau today held an interdepartmental meeting to co-ordinate the management of passenger and vehicular flows at land boundary control points (BCPs) during the Mainland’s National Day Golden Week holiday.

    To ensure smooth and orderly operation of the land BCPs during the holiday period, relevant departments will strengthen manpower, as well as co-ordination of transport and cross-boundary services, at these points. This will include strengthening crowd management and increasing transport frequency.

    Relevant departments have minimised leave for frontline officers to enable the flexible deployment and operation of extra clearance counters and kiosks. Additional security guards will also be deployed at individual BCPs to provide crowd management support.

    The Inter-departmental Joint Command Centre set up by customs, Police, the Immigration Department and other departments will be activated during the National Day Golden Week to facilitate monitoring of the situation at control points.

    The relevant departments will also maintain close liaison with the Culture, Sports & Tourism Bureau, and Mainland counterparts. They will take timely contingency actions to flexibly deploy manpower at the BCPs and open more e-Channels and counters to ease passenger and vehicular flows where necessary.

    The Transport Department’s Emergency Transport Co-ordination Centre will operate round the clock to monitor traffic and public transport services in different districts, including at BCPs and major stations. It will disseminate the latest traffic information via various channels and implement response measures where appropriate.

    Police will make appropriate traffic arrangements according to the circumstances. If necessary, this will include arranging for public transport to use the dedicated lane on San Sham Road to reach Lok Ma Chau/Huanggang Port.

    The public and visitors can check the estimated waiting times at each land BCP via the Immigration Department’s mobile application in order to plan their itineraries. The daily arrival figures for each control point will be uploaded onto a designated web page.

    Secretary for Security Tang Ping-keung, who chaired the interdepartmental meeting, said relevant departments will maintain close liaison and co-ordinate with one another to properly manage passenger and vehicular flows, providing an orderly and smooth experience for the public and visitors to Hong Kong.

    The bureau will activate its Emergency Monitoring & Support Centre in a timely manner to closely monitor and co-ordinate the public order situation at various BCPs and facilitate follow-up actions where necessary, he added.

    MIL OSI Asia Pacific News

  • MIL-OSI Translation: VATICAN/GENERAL AUDIENCE – Lebanon, the Pope: the international community must do everything possible to stop the “terrible escalation”

    MIL OSI Translation. Region: Italy –

    Source: The Holy See in Italian

    Wednesday, September 25, 2024

    Vatican Media

    Vatican City (Agenzia Fides) – “I am saddened by the news coming from Lebanon, where in recent days intense bombings have caused many victims and destruction”. At the end of the general audience, Pope Francis’ thoughts go to the Middle East, in particular to Lebanon, hit by a new Israeli raid in the last few hours. And while the first Hezbollah missile is intercepted over Tel Aviv, the Pontiff, from the parvis of the Vatican basilica hopes “that the international community will make every effort to stop this terrible escalation. It is unacceptable! I express my closeness to the Lebanese people, who have already suffered too much in the recent past”. “And let us pray for all the peoples who suffer because of the war: let us not forget the tormented Ukraine, Myanmar, Palestine, Israel, Sudan, all tormented peoples. Let us pray for peace”, adds the Pontiff, who during the general audience, today’s five hundredth, reiterates that one must not dialogue with the devil. “The strongest proof of Satan’s existence is not found in sinners or the possessed, but in saints,” says the Bishop of Rome, continuing the series of catecheses on the theme “The Spirit and his bride,” focusing today on the role of the Holy Spirit as “our ally in the fight against evil.” “It is true that the devil is present and operating in certain extreme and inhuman forms of evil and wickedness that we see around us,” Pope Francis emphasizes. “In this way, however, it is practically impossible to arrive, in individual cases, at the certainty that it is really him, given that we cannot know precisely where his action ends and our own evil begins. For this reason, the Church is very prudent and very rigorous in the exercise of exorcism, unlike what happens, unfortunately, in certain films!” “It is in the lives of the saints that the devil is forced to come out into the open, to place himself against the light,” he points out. More or less, all the saints and great believers testify to their struggle with this dark reality, and one cannot honestly suppose that they were all deluded or simply victims of the prejudices of their time”. And in our time, where technology reigns supreme, it is precisely this that offers, “in addition to many positive resources that should be appreciated, also countless means to give occasion to the devil, and many fall for it. Let us think of pornography on the Internet, behind which there is a flourishing market, we all know, it is the devil who works there. This is a very widespread phenomenon, but Christians must be wary of it and must forcefully reject it”. “Any cell phone has access to this brutality, to this language of the devil, pornography on the Internet”, the Pope said off the cuff. “The awareness of the devil’s action in history must not discourage us. The final thought must be, in this case too, one of trust and security. ‘I am with the Lord, go away!’ Christ defeated the devil and gave us the Holy Spirit to make his victory our own. The enemy’s action itself can turn to our advantage, if with God’s help we make it serve our purification. Be careful, the devil is cunning, but we Christians, with the grace of God, are more cunning than him”. (FB) (Agenzia Fides 25/9/2024) Share:

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

    MIL Translation OSI

  • MIL-OSI: Man Group PLC : Form 8.3 – Smith (DS) plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Man Group PLC
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Smith (DS) plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    24/09/2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    YES / NO / N/A
    Offeror: International Paper Company

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 10p ordinary
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled:        
    (2)   Cash-settled derivatives: 14,948,791 1.08 26,895 0.00
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    14,948,791 1.08 26,895 0.00

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    10p ordinary Equity Swap Closing a long & opening a short position 15,943 4.588 GBP
    10p ordinary Equity Swap Closing a long & opening a short position 44,314 4.588 GBP
    10p ordinary Equity Swap Closing a long & opening a short position 4,954 4.588 GBP
    10p ordinary Equity Swap Closing a long & opening a short position 72,561 4.588 GBP

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 25/09/2024
    Contact name: Mackenzie Terry
    Telephone number: +442071441555

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Security: Norboro — Prince District RCMP investigating fatal two vehicle collision

    Source: Royal Canadian Mounted Police

    Prince District RCMP is investigating a fatal two vehicle collision that occurred on route 2 near the Grahams road in Norboro involving a car and a tractor.

    September 24, 2024, at approximately 4:10 p.m., Prince District RCMP, Kensington Fire Department and Island EMS responded to a two-vehicle collision on Route 2 in Norboro. RCMP officers learned that a car collided with a tractor hauling a potato equipment as the tractor was making a left turn.

    The driver and sole occupant of the car, a 27-year-old Prince County woman, was pronounced deceased at the scene and the driver of the tractor was uninjured.

    A collision reconstructionist attended and the investigation is ongoing.

    Route 2 was closed for several hours but has since reopened.

    Our thoughts are with the victims’ families at this difficult time.

    MIL Security OSI

  • MIL-OSI: Net Asset Values

    Source: GlobeNewswire (MIL-OSI)

    THAMES VENTURES VCT 2 PLC
    LEI: 21380035MV1VRYEXPR95

    NET ASSET VALUES
    25 SEPTEMBER 2024

    Thames Ventures VCT 2 plc announces that the unaudited Net Asset Values of its share classes, as at 30 June 2024 were as follows:

      Pence Per Share
      30 June 2024
    Ventures Ordinary Share 46.1p
    Healthcare Ordinary Share 40.9p
    AIM Shares 103.1p
    DP67 Ordinary Share 27.3p

    For further information, please contact:

    Company Secretary
    Foresight Group LLP
    Contact: Stephen Thayer Tel: 0203 667 8100

    Investor Relations
    Foresight Group LLP
    Contact: Andrew James Tel: 0203 667 8181

    The MIL Network

  • MIL-OSI: Issue of Tranche 1 shares in IDEX Biometrics private placement on 16 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the announcement by IDEX Biometrics ASA (the “Company”) on 17 September 2024 regarding the private placement of shares with gross proceeds of NOK 70 million (the “Private Placement”). The Company retained Arctic Securities AS as sole manager and bookrunner for the Private Placement (the “Manager”).

    The Private Placement is divided into two tranches. 101,624,966 shares were allocated in the first tranche (“Tranche 1” and the “Tranche 1 Offer Shares”) and 365,041,700 Offer Shares were allocated in the second tranche (“Tranche 2”). Completion of Tranche 1 was subject to the Company’s board of directors (the “Board”) being granted a board authorization to issue shares (the “Board Authorization”). The Board Authorization was granted to the Board by the 23 September 2024 Extraordinary General Meeting. Completion of Tranche 2 is subject to approval by an Extraordinary General Meeting in the Company on 9 October 2024.

    The Board resolved on 25 September 2024 to issue the Tranche 1 Offer Shares in the Private Placement. The Tranche 1 Offer Shares will, following registration of the share capital increase associated with such shares in the Norwegian Register of Business Enterprises, be delivered on a separate and non-tradable ISIN, pending publication by the Company of a prospectus approved by the Norwegian Financial Supervisory Authority.

    Following registration of the share capital increase associated with the issuance of the Tranche 1 Offer Shares, the Company’s share capital will be NOK 66,056,228.10 divided into 440,374,854 shares, each with a nominal value of NOK 0.15.

    For more information about the Private Placement, please see the above-mentioned announcement.

    For further information contact:
    Marianne Bøe, Head of Investor Relations
    E-mail: marianne.boe@idexbiometrics.com
    Tel: + 47 9180 0186

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    About this notice
    This notice is published in accordance with section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI Banking: [Interview] Behind the Scenes of Galaxy Ring: Product Planning a Game Changer in Health Management

    Source: Samsung

    Dating back more than 3,000 years to ancient Egypt, rings have symbolized different values throughout human history — including love, power and self-expression. With Samsung Electronics’ newly unveiled Galaxy Ring, health has now been added to that list.
     
    The smallest and most compact form factor in the Galaxy wearable portfolio, the Galaxy Ring fits comfortably on users’ fingers like a traditional ring. Equipped with cutting-edge sensors and Galaxy AI features, the Galaxy Ring offers a powerful health management experience.
     
    Samsung Newsroom sat down with Sungjin Kim and Yujin Roh from the Wearable Product Planning Group, Mobile eXperience Business at Samsung Electronics, to learn how the Galaxy Ring came to be.
     
     
    Ultra-Compact Form Factor Optimized for 24/7 Health Monitoring
    Q. What inspired the creation of the Galaxy Ring, a completely new addition to Samsung’s wearable lineup?
     
    Kim: We’ve been exploring new opportunities in the wearable market with a particular focus on the rapidly growing field of health management. This led us to look for the optimal form factor to provide more accurate, uninterrupted health data for personalized health solutions. After evaluating various form factors, we settled on the ring — a user-friendly, small and lightweight shape that can be worn 24/7.
     
    ▲ Sungjin Kim
     
     
    Q. What key health management benefits does the Galaxy Ring offer?
     
    Roh: Sleep is the foundation of health. The Galaxy Ring is comfortable enough to wear while sleeping and can last up to a week on a single charge,1 making it ideal for collecting detailed and in-depth sleep data. A powerful sleep AI algorithm provides advanced sleep insights to help users better understand and improve their sleep. Furthermore, Energy Score analyzes sleep quality, activity levels, sleeping heart rate and sleeping heart rate variability data to deliver a daily health index to users.
     

    ▲ Yujin Roh
     
     
    Q. What factors were considered during the design process?
     
    Kim: To maximize the advantages of the ring form, we examined the historical and biological significance of rings before incorporating these insights into the product. For example, we adopted a simple yet modern concave style to enhance the Galaxy Ring’s value as an everyday accessory. Moreover, the charging case and packaging have clamshell designs reminiscent of a jewelry box — elevating the quality of the product down to the finest details that users touch.
     
    ▲ Packaging and charging case for the Galaxy Ring
     
     
    The Quest for an Effortless User Experience
    Q. What was your primary focus during the planning process?
     
    Kim: Since our main focus was to provide users with meaningful health insights, we engaged in extensive discussions with the Digital Health Team and other relevant departments. One notable outcome of these collaborations is the introduction of Energy Score on Samsung Health. In addition, users can receive personalized health insights powered by Galaxy AI to help them reach their health goals. This innovation marks a new step in active and autonomous health management, moving beyond mere monitoring to offer users valuable guidance for healthier lifestyles.
     
    ▲ The Galaxy Ring features a heart rate sensor, accelerometer and skin temperature sensor.
     
    Roh: Comfort and aesthetics were also key priorities for us. Users were pleasantly surprised by how light the wearable is. During the planning phase, we conducted extensive research to ensure lightweight comfort. In addition, we carefully selected colors that complement a wide range of styles.
     
    ▲ The Galaxy Ring is available in Titanium Black, Titanium Silver and Titanium Gold.
     
     
    Q. What was the biggest challenge in designing the Galaxy Ring?
     
    Roh: Designing and implementing gestures was particularly challenging. To create a connected Galaxy ecosystem, we considered various user scenarios to ensure the product would be practical and convenient for everyone. As a result, we introduced the alarm turnoff feature — allowing users to dismiss the wake-up alarm on their Galaxy smartphone with a double-pinch gesture on the Galaxy Ring. This same movement can also control the Galaxy smartphone’s camera, maximizing connectivity between devices.
     
     
    Q. What has been the most memorable feedback since the Galaxy Ring launched?
     
    Kim: Unlike our previous products, we released teasers for the Galaxy Ring before its launch to attract attention. I vividly remember how excitement for the wearable exploded beyond our expectations when the product was revealed. This surge in interest energized everyone working on the product, fueling our passion during the final stretch of the launch. I’m proud to say that every single member of the team worked hard to perfect the device.
     
    Roh: The consumer feedback that pleased me the most was, “I love how it gives me such thorough health information, from sleep to exercise, when all I did was wear it.” We frequently hear that the product is so comfortable that users forget they have it on. This makes us proud and shows that our focus during the planning stage paid off. We’re grateful that users recognized our efforts in creating a premium experience — from the Galaxy Ring’s aesthetic to the charging case and practical sizing kit that allows users to measure their ring size in advance.
     
    ▲ (From left) Sungjin Kim and Yujin Roh discuss the product planning process behind the Galaxy Ring.
     
     
    Ushering in a New Era of Health Management
    Q. In one word or sentence, how would you describe the Galaxy Ring?
     
    Kim: I would say it’s a “game changer.” The Galaxy Ring is the first new form factor since the Galaxy Watch series — offering an even more intimate health experience with powerful capabilities packed into a small, lightweight device. Achieving this feat required hard work from the development and design teams as well as various other departments. I want to extend my heartfelt thanks to everyone involved in creating this product.
     
    Roh: In a word, it’s the “beginning.” For some, the Galaxy Ring marks the start of a new day. For others, the device signifies the commencement of a full-blown health management journey. Nonetheless, we hope it will open a new era of possibilities in the wearable market.
     
    ▲ (From left) Yujin Roh and Sungjin Kim pose for a photo with the Galaxy Ring.
     
     
    Q. What’s next for the Galaxy Ring?
     
    Kim: We aim to maximize the benefits of this ultra-small form factor to track and manage health data in the simplest way possible. As the wearable market continues to rapidly grow with a variety of products and services expected to emerge, our teams are dedicated to developing robust solutions that meet users’ needs.
     
    Roh: Beyond measuring health information, we will continue to explore ways of providing more specific insights and meaningful health improvements tailored to each user’s environment. We appreciate the continued interest in our innovations and hope users will share our anticipation for upcoming products.
     
    The creation of the Galaxy Ring — the smallest yet most powerful product in the Galaxy wearable lineup — was driven by the passion and tireless efforts of many dedicated individuals. Samsung looks forward to the new horizons the Galaxy Ring will unlock for health management in users’ everyday lives.
     
     
    1 Battery life is based on testing conducted with the size 12 and size 13 Galaxy Ring. Battery life of the size 12 and size 13 Galaxy Ring lasts up to 7 days on a single charge. Battery life varies by ring size. Battery life is based on results from internal lab tests for typical usage pattern scenarios conducted by Samsung. Tested with results from a pre-released version of the device under the scenario of Sleep Tracking for 6 hours, Auto Workout Detection for 1 hour and 30 minutes and several specific events (20 times of reconnection after disconnection, 3 times of Samsung Health app setting change, 0.5 times of Find My Ring execution, 3 minutes of Gestures execution) assuming 24 hours of use per day. Actual battery life may vary depending on different usage patterns, device model or the battery manufacturer. Rated capacity is 17mAh for Galaxy Ring sizes 5,6,7 (battery life lasts up to 6 days on a single charge), 18.5mAh for sizes 8,9,10,11 (battery life lasts up to 6 days on a single charge) and 22.5mAh for sizes 12,13 (battery life lasts up to 7 days on a single charge). Testing conducted by Samsung using Fast Charging USB C Cable and Samsung 25W USB C Power Adapter. Charge time varies with settings, usage patterns and environmental factors; actual results may vary.

    MIL OSI Global Banks