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Category: KB

  • MIL-OSI: Branch Energy and Voltus Partner to Leverage Behind-the-Meter Energy Storage to Reduce Energy Spend for C&I Customers in Texas

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Sept. 25, 2024 (GLOBE NEWSWIRE) — Voltus, Inc. (Voltus), the leading distributed energy resource (DER) software platform and virtual power plant (VPP) operator, today announced that it will partner with Branch Energy to open new revenue streams for Branch’s battery-hosting commercial and industrial (C&I) customers, improving customer resilience against electric service disruptions and supporting grid reliability in Texas.

    Branch Energy provides businesses with long-term energy price stability through a combination of fixed-price energy supply contracts and behind-the-meter battery storage systems that Branch installs at no-cost to its customers. The charge and discharge of these distributed batteries are optimized for economic arbitrage in real-time by Branch Energy’s proprietary demand management software, which dispatches battery capacity based on analyses of Texas power price data.

    “Our customers work with us because we consistently deliver on our promise to deliver reliable electricity at a below-market cost,” said Branch Energy Co-founder and CEO, Alex Ince-Cushman. “And with ERCOT anticipating a near-doubling of system peak demand by 2030, both the challenge and urgency of delivering on that promise is intensifying. Our partnership with Voltus ensures that our customers can maximize the economic benefit of their behind-the-meter battery assets, while providing a valuable grid resource in this high load growth environment.”

    This partnership integrates Voltus’s platform — which monetizes every type of DER by connecting them to wholesale electricity markets — with Branch Energy’s demand management software. The integration of these technologies equips Branch Energy with the intelligence needed to determine on an hourly basis whether a customer-sited battery will deliver more value to customers by participating in economic arbitrage or by participating in the wholesale market with Voltus.

    “The Texas grid’s vulnerability to extreme weather and rapid load growth underscores the critical need for flexible demand-side resources — both for the reliability and resilience of the system as a whole, as well as a tool for offsetting rising energy costs,” said Dan Svejnar, SVP of Growth at Voltus. “Together, Voltus and Branch will ensure that customers continue to enjoy stable, substantially below-market electricity rates without compromising site reliability.”

    “The Branch-Voltus alliance in Texas joins together two innovators in the distributed energy space where they’re needed most,” said Tim Woodward, Managing Director of Climate Tech focused venture capital firm, Prelude Ventures, which has equity stakes in both Voltus and Branch. “They’re building a new, customer-centric, transactive energy model that holds a great deal of promise for consumers nationwide.”

    At present, the Branch Energy and Voltus partnership encompasses engagements with 15 Branch Energy customers, whose battery energy storage systems will be installed on-site by year’s end. Voltus will connect these devices to ERCOT-operated markets to provide ancillary services. These batteries will continue to have capacity reserved for on-site consumption by host customers, a backstop for potential outages that will not compromise savings potential.

    About Voltus
    Voltus is a leading DER technology platform and virtual power plant operator connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.

    Media contact
    Mona Khaldi
    press@voltus.co

    The MIL Network –

    September 29, 2024

  • MIL-OSI: LM Funding America, Inc. estimates that the 135.7 Bitcoin holdings on August 31, 2024, were valued at approximately $8.7 million in their monthly updates

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a preliminary, unaudited Bitcoin mining and operational update for the month ended August 31, 2024.

     
    Metrics *    		 Three Months 1st Qtr.  2024  
    One Month April 30, 2024    		  
    One Month May 31, 2024    		  
    One Month June 30, 2024    		 One Month July 31, 2024 One Month August 31, 2024 Eight Months Ended August 31, 2024
    Bitcoin Beginning Balance 95.1   163.4   155.1   163.1   160.5   132.5   95.1  
    Bitcoin Mined, net 86.4   24.7   14.0   5.4   4.6   7.2   142.3  
    Bitcoin Sold (18.0 ) (33.0 ) (6.0 ) (8.0 ) (32.5 ) (4.0 ) (101.5 )
    Service Fee (0.1 ) –   –   –   (0.1 ) –   (0.2 )
    Bitcoin Holdings at Month End 163.4   155.1   163.1   160.5   132.5   135.7   135.7  
                   
    Approximate Miners Deployed at Month End 5,940   5,880   5,510   1,878   3,800   3,700    
    Approximate Miners In-Transit at Month End     370   4,002   2,080   2,200    
    Approximate Potential Hash Rate at Month End (PH/s) 614   639   639   639   639   639    

    *Unaudited

    The Company estimates that the value of its 135.7 Bitcoin holdings on August 31, 2024, was approximately $8.7 million, based on an estimated September 24, 2024, BTC price of $64,250.

    Bruce Rodgers, Chairman and CEO of LM Funding, commented, “We continue to make significant progress on our key initiatives, including the expansion of our new 15 MW hosting facility near Oklahoma City, where we relocated approximately 3,000 Antminer S19j Pro machines. Hosting these machines at cost for the next six months will enable us to significantly reduce our operating expenses.”

    “We are also investing the proceeds from our recent private placement, alongside the $5 million secured non-convertible loan facility, into high-return projects. These strategic investments are expected to be accretive, while accelerating our growth and driving meaningful returns on capital for our shareholders,” concluded Rodgers.

    About LM Funding America
    LM Funding America, Inc. (Nasdaq: LMFA), together with its subsidiaries, is a cryptocurrency mining business that commenced Bitcoin mining operations in September 2022. The Company also operates a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado, and Illinois, by funding a certain portion of the Associations’ rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments.

    Forward-Looking Statements
    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, uncertainty created by the risks of entering into and operating in the cryptocurrency mining business, uncertainty in the cryptocurrency mining business in general, problems with hosting vendors in the mining business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, the ability to finance and grow our cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the potential need for additional capital in the future, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    Contact:
    Crescendo Communications, LLC
    Tel: (212) 671-1021
    Email: LMFA@crescendo-ir.com

    The MIL Network –

    September 29, 2024

  • MIL-OSI: High Wire Networks Recognized as Top Cybersecurity Leader in Frost & Sullivan’s 2024 Managed Security Services Report

    Source: GlobeNewswire (MIL-OSI)

    BATAVIA, Ill., Sept. 25, 2024 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, received top ranking in the new Frost & Sullivan (F&S) report on the cybersecurity industry, Frost Radar™: Managed Security Services in Americas, 2024.

    Across a field of more than 200 competitors, Frost & Sullivan ranked High Wire among the Top 15 Managed Security Service Providers (MSSPs) that are delivering the greatest results in the categories of growth and innovation.

    Frost & Sullivan noted that despite High Wire being a relatively new market entrant, “it continues to grow at an impressive triple-digit pace, surpassing almost every competitor in that metric.”

    According to the report, such growth is made possible by the company’s channel-only strategy, which brings in the entirety of an MSP’s customer base instead of individual organizations.

    “High Wire Networks has expanded its portfolio significantly since our last iteration of the Frost Radar,” noted Frost & Sullivan cybersecurity industry analyst, Lucas Ferreyra. “The company has centralized its entire offering around the Overwatch Managed Security Services Ecosystem, which includes its flagship product, the eponymous Overwatch platform that provides managed XDR and managed SOC/SOAR with 24/7 monitoring, detection, threat remediation, and proactive threat hunting across the environment.”

    Operating at the core of High Wire’s security operation center is Overwatch SOAR™, a proprietary security orchestration, automation and response (SOAR) technology.

    The unique AI embedded in Overwatch SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms and processes them with intelligence-based rules that provide enhanced visibility, improved correlation, and faster remediation.

    “The Overwatch ecosystem provides a combination of prevention, detection, and response capabilities in a closed loop,” explained Ferreyra. “This provides comprehensive protection for customers and makes it easy for the provider to upsell its services, enhancing its growth potential.”

    In the category of innovation, the report highlights how High Wire is developing more automation capabilities for its entire stack, regularly adding pre-built automations and integrations to decrease analysts’ workload. R&D activities also include enhancing real-time threat intelligence as it further builds its own threat intelligence network.

    As the report highlighted, High Wire’s ecosystem includes managed detection and response, managed SASE, managed secure edge, continuous vulnerability scanning and management, patch management (to remediate patch vulnerabilities and fix misconfigurations), OT/IoT security, email security and security awareness training. To increase flexibility, High Wire Networks can leverage tools and solutions in the customer ecosystem, integrating tools into its SOAR capabilities.

    Regarding growth, the report notes that while High Wire Networks “has only a small slice of the Americas MSS market, but it continues to grow at an impressive triple- digit pace, surpassing almost every competitor in that metric. Such growth is made possible by the company’s channel-only strategy, which brings in the entirety of an MSP’s customer base instead of individual organizations.”

    High Wire offers its Overwatch managed security services exclusively through a global network of managed service providers (MSPs) and managed security service providers totaling more than 200 worldwide.

    The report also discussed how High Wire Networks’ approach to the MSS space revolves around reducing the workload for security analysts, multiplying efficiency, and automating tasks unrelated to decision-making.

    High Wire’s SOAR technology serves as an exponential force multiplier for its dedicated teams of professional security experts, empowering them to deliver the most secure and cost-effective cybersecurity solutions available on the market today.

    “High Wire Networks’ investments in a security service to disrupt the edge security space, coupled with its current managed SASE and zero trust offerings are appropriate for its target market,” added Ferreyra. “Establishing an effective zero trust strategy is a complex endeavor that requires sizeable resources and expert knowledge; as a result, organizations with lower security maturity will usually look to partner with cybersecurity providers to deploy these technologies. High Wire Networks should continue to invest in this significant growth opportunity.”

    High Wire CEO, Mark Porter, commented: “We are honored to be recognized by Frost & Sullivan for our commitment to innovation and growth in the MSS space. The Top 15 ranking reflects the hard work and dedication of our entire team in delivering comprehensive, cutting-edge security solutions through our Overwatch managed security services ecosystem. By leveraging our platform’s robust suite of offerings—from managed XDR to advanced edge protection—we continue to meet the evolving needs of our partners and customers.”

    “For our channel partners, we create significant opportunities by providing layers of expertise at every engagement with MSPs,” added Porter. “Every deal has the upsell potential for the MSP or reseller to migrate its entire customer base to High Wire Networks’ services, augmenting our growth potential significantly.”

    The company provides further details about the Frost & Sullivan’s report in this YouTube video here.

    High Wire’s Overwatch offering addresses a global cybersecurity market that is projected to grow at a 14.3% CAGR to reach $563 billion by 2032.

    High Wire was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024.

    Porter discusses the Frost & Sullivan’s 2024 Managed Security Services report in the company’s YouTube video here.

    About High Wire Networks
    High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End-customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S. based 24/7 Network Operations Center and Security Operations Center is located in Chicago.

    Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.

    Forward-Looking Statements
    The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.

    High Wire Contact
    Susanna Song
    Chief Marketing Officer
    High Wire Networks
    Tel +1 (952) 974-4000
    Email contact

    Investor & Media Relations:
    Ronald Both or Grant Stude
    CMA Investor & Media Relations
    Tel +1 (949) 432-7557
    Email contact

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e7bae7cf-3bc9-46bd-8170-0f9fe66d3685

    The MIL Network –

    September 29, 2024

  • MIL-OSI China: Chinese museums receive nearly 1 billion visits during Jan-Aug period

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

    BEIJING, Sept. 25 — Chinese museums registered 940 million visits in the first eight months of this year, maintaining their popularity among Chinese visitors in recent years, official data showed on Wednesday.

    The country’s National Cultural Heritage Administration (NCHA) released the figure at a press conference held by the State Council Information Office.

    About 300 million visits were made in two months during the summer season, accounting for nearly a third of the total figure, said Liu Yang, an NCHA official.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI China: Chinese vice premier meets ASEAN leaders attending 21st China-ASEAN Expo

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

    NANNING, Sept. 25 — Chinese Vice Premier Ding Xuexiang on Tuesday met with leaders from Vietnam, Cambodia and Laos, who are in Nanning, south China’s Guangxi Zhuang Autonomous Region, to attend the 21st China-ASEAN Expo and the China-ASEAN Business and Investment Summit.

    When meeting with Deputy Prime Minister and Minister of Finance of Vietnam Ho Duc Phoc, Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said China is ready to work with Vietnam in accordance with the strategic direction set by the leaders of the two parties and the two countries to consolidate political mutual trust, enhance the synergy of development strategies, advance infrastructure connectivity, upgrade economic, trade and investment cooperation, cement public support, and push forward the building of the China-Vietnam community with a shared future.

    Speaking highly of China’s great development achievements, Ho Duc Phoc said Vietnam is willing to work with China to push for more results in practical cooperation in various fields to better benefit the two countries and the two peoples.

    When meeting with Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of Cambodia Vongsey Vissoth, Ding said China is willing to work with Cambodia to implement the important consensus reached by the leaders of the two countries, enhance the synergy between the high-quality Belt and Road cooperation and Cambodia’s development strategies, expand cooperation in emerging fields such as green development and digital economy, encourage Chinese enterprises to invest and do business in Cambodia, implement more projects that benefit local people, and push the development of bilateral relations to a new level.

    Vongsey Vissoth said Cambodia firmly pursues a friendly policy toward China and is willing to work with China to enrich the Diamond Hexagon cooperation framework, and join hands to build a Cambodia-China community with a shared future.

    When meeting with Deputy Prime Minister of Laos Kikeo Khaykhamphithoune, Ding noted that this year marks the 15th anniversary of the China-Laos comprehensive strategic cooperative partnership, and China is willing to work with Laos, under the guidance of the top leaders of the two parties and two countries, to strengthen economic, trade and investment cooperation, accelerate the construction of major projects, set a new benchmark for high-quality Belt and Road cooperation, and work together to advance the process of national modernization.

    Kikeo Khaykhamphithoune said Laos attaches great importance to the building of a Laos-China community with a shared future, and is willing to strengthen high-level interactions with China, deepen practical cooperation and push for long-lasting Laos-China friendly relations.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI China: China’s equipment, consumer goods renewal program fuels market vitality

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

    BEIJING, Sept. 25 — China has achieved significant progress in advancing large-scale equipment upgrades and consumer goods trade-ins, boosting both investment and consumption.

    China unveiled an action plan to implement the renewal program in March this year to expand domestic demand and shore up the economy, and stepped up policy support in July with an extra funds injection of 300 billion yuan (about 42.73 billion U.S. dollars) via ultra-long special treasury bonds.

    From Monday to Wednesday, the country’s authorities held three press conferences in a row to present a comprehensive overview of the program, underscoring the government’s commitment to revitalize the super-large market.

    According to Zhao Chenxin, deputy head of the National Development and Reform Commission (NDRC), all the treasury bonds have been fully allocated to projects and local governments, with all supportive policies already in place.

    The program has yielded significant progress, effectively driving investment growth, unleashing consumption potential, improving people’s welfare, and propelling industrial development along with the country’s green transition drive.

    INVESTMENT BOOST

    Half of the ultra-long special treasury bonds to support equipment upgrades have been distributed to over 4,600 projects, and such support will cover projects with a total investment of 800 billion yuan this year, said NDRC official Liu Dechun.

    “Positive progress has been recorded in key areas of equipment upgrades, increasingly contributing to growth stabilization and industrial transformation,” Liu noted.

    In the first eight months of this year, investment in equipment and tool purchases grew by 16.8 percent year on year, and 4.21 million scrapped vehicles were recycled nationwide, up 42.4 percent and accounting for over 90 percent of the total amount last year.

    During this period, fixed-asset investment in municipal utility and construction sector expanded 23.5 percent and 21.6 percent, respectively, Liu said, adding that there are already plans to use the treasury bonds to upgrade over 40,000 residential elevators that have been in service for more than 15 years.

    Policies are also actively supporting renewals and upgrades of energy-inefficient and high-emitting equipment, with over 500 energy-related projects backed by the treasury bonds this year, Liu said.

    This overhaul will save around 3 million tonnes of standard coal annually and reduce carbon dioxide emissions by approximately 8 million tonnes, according to the official.

    Liu pledged further efforts to leverage the policies and funding to deliver benefits to more businesses and promote high-end, intelligent and green industrial development while accelerating the green transition.

    CONSUMPTION PICKUP

    Given that over 3 billion units of home appliances and more than 300 million vehicles are in use across China, the potential for their renewals are tremendous, NDRC official Wen Hua said.

    Since the renewal program kicked off in March, automobile consumption has exhibited notable growth. Citing data from the China Automobile Dealers Association, Wen said the retail sales of passenger vehicles and new energy autos increased 10.8 percent and 17 percent month on month, respectively, in August.

    Home appliance sales have also rebounded significantly. In August, official data reported a 3.4 percent rise year on year in retail sales of household appliances and audiovisual equipment, ending a decline.

    Meanwhile, the trade-in program has indirectly spurred investment and profitability in related sectors, Wen said, noting that from January to August, investment in consumer goods manufacturing expanded by 14.9 percent.

    Looking ahead, efforts will be made to fully implement the supportive policies and leverage the special treasury bonds for the equipment upgrades and consumer goods trade-ins, in a bid to extend policy benefits to more consumers, enhance living standards, and accelerate the green transition of development, Wen said.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI China: China starts building first high-voltage AC/DC hybrid power grid project

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

    NANJING, Sept. 25 — China on Wednesday started the construction of its first high-voltage alternating current (AC) and direct current (DC) hybrid power grid project in Jiangsu Province, marking another step toward a cleaner, safer and more efficient energy system.

    The demonstration project will connect the two cities of Huai’an and Danyang, adding approximately 228 km of DC transmission lines to the existing power grid with two ±200 kV converter stations to be built at both ends, according to the State Grid Jiangsu Electric Power Co., Ltd.

    The project is expected to be operational after completion in 2026.

    China’s current main power grid is primarily composed of AC power grids. However, compared with AC transmission, DC transmission at the same voltage level can transmit larger amounts of power with lower energy losses.

    Once operational, the project will significantly alleviate the pressure on north-to-south power transmission in Jiangsu and enhance grid flexibility, further expanding the application of hybrid grid technologies and helping develop a clean, low-carbon, safe and efficient energy system, according to the company.

    China recently issued a plan to promote advanced technologies in key energy fields, including hybrid AC/DC power grids

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI China: China allocates funds to support flood, typhoon-hit regions

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

    BEIJING, Sept. 25 — Chinese authorities have earmarked 719 million yuan (about 102 million U.S. dollars) to support disaster relief and restore agricultural production in regions hit by Super Typhoon Yagi and several rounds of heavy rainfall, the finance ministry said Wednesday.

    The fund, jointly allocated by the Ministry of Finance, and the Ministry of Water Resources, has been distributed to the regions of Hainan, Guangdong, Liaoning, Inner Mongolia, Jilin, Hunan, Guangxi, Yunnan, Qinghai and Ningxia.

    The fund will be used to buy agricultural supplies and services for crop replanting and reseeding and repair damaged facilities to help disaster-hit regions resume agricultural production, according to the ministry.

    Super Typhoon Yagi, the 11th typhoon of this year, made two landfalls in China earlier this month, first striking Hainan and later Guangdong. It is the strongest autumn typhoon to land in China since 1949, according to meteorological authorities.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI Global: America is increasingly dependent on foreign doctors − but their path to immigration is getting harder

    Source: The Conversation – USA – By Selma Hedlund, Postdoctoral Associate at Center of Forced Displacement, Boston University

    For immigrant doctors, the path to permanent residency is fleeting and far from guaranteed. Stefano Spicca/iStock via Getty Images

    The COVID-19 pandemic exposed a pressing issue: The U.S. health care system is increasingly dependent on immigrant physicians, but it’s becoming harder for aspiring ones to work and settle in the U.S.

    Today, 1 in 4 doctors are foreign-born, international medical graduates. Their numbers are even larger in underserved areas – essentially, low-income, more rural parts of the country where many American doctors don’t want to work.

    This immigrant workforce is key to offsetting a dire physician shortage. The need for more doctors is due, in part, to America’s growing and aging population; U.S.-born doctors’ unwillingness to move to poorer and more rural areas; and U.S.-born doctors’ lack of interest in going into primary care, which can be less lucrative and prestigious than other areas of medicine.

    As a result, immigrant doctors have become indispensable in hospitals and clinics across the nation. But while they’re in demand, more and more foreign doctors are starting to see the immigration process as a risky endeavor.

    During the COVID-19 pandemic, I wrote my dissertation about how immigrant physicians navigate the U.S. immigration system and foreign licensing procedures. My interviewees described how a combination of stricter immigration policies and more competition for residency spots have made the U.S. a less feasible destination.

    Visa vicissitudes

    U.S. visas can be categorized into two categories: immigrant and nonimmigrant. Nonimmigrant visas, such as tourist, student or exchange visitors visas, prohibit holders from having what’s called “immigrant intent,” meaning that they don’t plan to use their visas to permanently stay in the U.S.

    In order for immigrant doctors to be licensed to practice in the U.S., they need to complete licensing exams. They also need to obtain clinical experience in the U.S. This can be completed while on a tourist visa or a student visa, which are relatively easy to obtain.

    However, all immigrant physicians – even if they’re certified specialists in their home country – need to get accepted into and complete a U.S. residency program in order to practice in the U.S. as specialists. These are intensive, supervised training programs that can last up to seven years.

    Nonetheless, a majority of immigrant doctors in the U.S. will complete their American residencies on nonimmigrant visas, even though by this point in the process they quite clearly have immigrant intent.

    It wasn’t always this way.

    There’s a special work visa called the H-1B that allows for both immigrant and nonimmigrant intent. A few decades ago, many immigrant physicians entered residency programs that sponsored H-1B visas, which served as stepping stones to green cards.

    But drastic restrictions to the number of people admitted into this visa program, coupled with cuts in graduate medical education funding, have directed most foreign-born doctors to what’s called a J-1 exchange visitors visa.

    Challenges of working in underserved areas

    The J-1 not only explicitly prohibits immigration intent, it also requires that doctors return to their home country for at least two years upon completing American residency training.

    Foreign-born doctors nonetheless pursue the J-1 because there’s the opportunity to obtain a waiver, with limited slots that will allow them to remain in the U.S. and adjust to an H-1B visa. If selected for the waiver program, they must commit to a minimum of three years of service in a designated medically underserved area in the U.S.

    Through a special waiver, immigrant doctors can work at rural hospitals that are underfunded and understaffed.
    Brendan Smialowski/AFP via Getty Images

    While this system can offer short-term relief to physician shortages, it can also lead to exploitation.

    As one interviewee told me, “We hear very scary things about the J-1 waiver. The employers can take advantage and make you work more and pay less.”

    For the duration of the waiver program, immigrant physicians have minimal ability to change employers without violating the conditions of the waiver – and their path to immigration. Underserved areas are often understaffed and underresourced, which can make for stressful working conditions.

    Forced to go above and beyond

    The challenges don’t end with the visa process. There are financial burdens as well.

    International medical graduates often spend tens of thousands of dollars to pay for U.S. medical licensing exams, multiple visa applications, international travel and lodging, residency and green card applications.

    They also spend months in unpaid positions in hospital settings to gain the U.S. clinical experience that’s required to apply for residency. Then, in order to match into residency, immigrant physicians typically need to outperform their American peers on exams. They also need to have more prestigious research qualifications and stronger recommendation letters. Still, immigrant doctors are more likely to match into less competitive residency programs.

    While interviewing immigrant physicians, many testified to the competition getting steeper in recent years.

    “I told a friend, if you don’t have scores in upper 90s in all the exams and you’re not a green card holder, don’t even bother,” an Indian physician who immigrated 20 years ago explained to me. “It’s so tough.”

    Stuck in limbo

    Over the course of my research I noticed a trend: Many international medical graduates will come to the U.S. on student visas to pursue U.S. graduate degrees in health-related fields, such as public health, before they even start the licensing process. This helps them get their foot in the door into a very complicated immigration system and build a stronger resume as they prepare for residency applications. It’s also another expensive investment.

    But even those who match into and complete residency won’t necessarily be able to stay and work in America.

    Those with positive experiences from working in underserved communities often struggle to remain in their positions after their waiver contracts are fulfilled because of the green card backlog.

    The average immigrant’s wait time for a green card has doubled since the national quota system was introduced in the early 1990s.

    By 2018, an applicant had to wait an average of 18 months to get approved for their green card and another five years and eight months to receive it. The COVID-19 pandemic introduced new barriers and delays.

    Indians, one of the biggest nationalities among immigrant physicians, have the longest wait times under the current system, sometimes waiting up to a decade to obtain the security of permanent residence. Among the 1.8 million cases currently stuck in the employment-based green card backlog, 63% are Indian nationals.

    A pending green card application is often formally considered abandoned if the applicant leaves the country, preventing people from visiting loved ones abroad for years.

    No fix on the horizon

    Despite frequent calls for change and reform, these bottlenecks continue to adversely affect both patients and doctors.

    While the current model has its benefits, it also reflects a trend in which much-needed immigrant professionals live in prolonged, demoralizing uncertainty. Work visas have been subject to increasing cuts and restrictions in recent years under both the Trump and Biden administrations. Conditions will likely worsen if Trump returns to office: The “Muslim ban” he enacted in 2017 adversely affected many immigrant doctors and their patients, and his calls for increased vetting will likely exacerbate existing barriers to legal immigration.

    A paradox has emerged: While the U.S. says it wants to attract and retain world class talent, its byzantine immigration system continually discourages potential hires.

    The doctors I interviewed gave a variety of reasons for wanting to work in the U.S., including better lifestyles and opportunities for professional development. But the complexity and sheer unwieldiness of the U.S. visa regime is causing the nation to lose skilled professionals to other countries with more streamlined processes.

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

    – ref. America is increasingly dependent on foreign doctors − but their path to immigration is getting harder – https://theconversation.com/america-is-increasingly-dependent-on-foreign-doctors-but-their-path-to-immigration-is-getting-harder-229980

    MIL OSI – Global Reports –

    September 29, 2024

  • MIL-OSI Video: Secretary Blinken participates in a G20 Foreign Ministers Meeting – 11:30 AM

    Source: United States of America – Department of State (video statements)

    Secretary of State Antony J. Blinken participates in a G20 Foreign Ministers Meeting in New York City, New York, on September 25, 2024.

    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
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    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=TTf8FRlsBXo

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Global: Diet-related diseases are the No. 1 cause of death in the US – yet many doctors receive little to no nutrition education in med school

    Source: The Conversation – USA – By Nathaniel Johnson, Assistant Professor of Nutrition and Dietetics, University of North Dakota

    Nearly 60% of respondents to one medical school survey said they received no nutritional education at all. Peter Dazeley/The Image Bank via Getty Images

    On television shows like “Grey’s Anatomy,” “The Resident” and “Chicago Med,” physicians seem to always have the right answer.

    But when it comes to nutrition and dietary advice, that may not be the case.

    One of us is an assistant professor of nutrition and dietetics; the other is a medical student with a master’s degree in nutrition.

    Both of us understand the powerful effects that food has on your health and longevity. A poor diet may lead to cardiovascular disease, diabetes, obesity and even psychological conditions like depression and anxiety. Diet-related diseases are the leading causes of death in the U.S., and a poor diet is responsible for more deaths than smoking.

    These health problems are not only common and debilitating, but expensive. Treating high blood pressure, diabetes and high cholesterol costs about US$400 billion per year. Within 25 years, those costs are expected to triple, to $1.3 trillion.

    These facts support the need for physicians to give accurate advice about diet to help prevent these diseases. But how much does a typical physician know about nutrition?

    The deficiencies in nutrition education happen at all levels of medical training.

    What doctors don’t know

    In a 2023 survey of more than 1,000 U.S. medical students, about 58% of respondents said they received no formal nutrition education while in medical school for four years. Those who did averaged about three hours of nutrition education per year.

    That is woefully short of the goals set by the U.S. Committee on Nutrition in Medical Education back in 1985: that med students should receive a total of 25 hours of nutrition education while in school – a little more than six hours per year.

    But a 2015 study showed only 29% of medical schools met this goal, and a 2023 study suggests the problem has become even worse – only 7.8% of med students reported 20 or more hours of nutrition education across all four years of med school. If this is representative of medical schools throughout the country, it has happened despite efforts to bolster nutrition education through numerous government initiatives.

    Not surprisingly, the lack of education has had a direct impact on physicians’ nutrition knowledge. In a study of 257 first- and second-year osteopathic medical students taking a nutrition knowledge quiz, more than half flunked the test. Prior to the test, more than half the students – 55% – felt comfortable counseling patients on nutrition.

    Unfortunately, this problem is not limited to U.S. medical schools. A 2018 global study concluded that no matter the country, nutrition education of med students is insufficient throughout the world.

    Bringing nutrition education back

    Even though evidence suggests that nutrition education can be effective, there are many reasons why it’s lacking. Medical students and physicians are some of the busiest people in society. The amount of information taught in medical curricula is often described as overwhelming – like drinking out of a fire hose.

    First- and second-year medical students focus on dense topics, including biochemistry, molecular biology and genetics, while they learn clinical skills such as interviewing patients and understanding heart and lung sounds. Third- and fourth-year students are practicing in clinics and hospitals as they learn from physicians and patients.

    As a result, their schedules are already jammed. There is no room for nutrition. And once they are physicians, it gets no better. Providing preventive care including nutrition counseling to patients would take them more than seven hours per week – and that’s not counting the time they would have to spend on continuing education to keep up with new findings in nutrition science.

    On top of that, the lack of nutrition education in medical schools has been attributed to a dearth of qualified instructors for nutrition courses, as most physicians do not understand nutrition well enough to teach it.

    Ironically, many medical schools are part of universities that have nutrition departments with Ph.D.-trained professors; those academicians could fill this gap by teaching nutrition to medical students. But those classes are often taught by physicians who may not have adequate nutrition training – which means truly qualified instructors, within reach of most medical schools, are left out of the process.

    This doctor said he learned virtually nothing about nutrition in medical school.

    Finding the right advice

    The best source of nutrition information, whether for medical students or the general public, is a registered dietitian, certified nutrition specialist or some other type of nutrition professional with multiple degrees and certification. They study for years and record many practice hours in order to give dietary advice.

    Although anyone can make an appointment with a nutrition professional for dietary counseling, typically a referral from a health care provider like a physician is needed for the appointment to be covered by insurance. So seeing a physician or other primary care provider is often a step before meeting with a nutrition professional.

    This extra step might be one reason why many people look elsewhere, such as on their phones, for nutrition advice. However, the worst place to look for accurate nutrition information is social media. There, about 94% of posts about nutrition and diet are of low value – either inaccurate or lacking adequate data to back up the claim.

    Keep in mind that anyone can post nutrition advice on social media, regardless of their qualifications. Good dietary advice is individualized and takes into account one’s age, sex, goals, body weight, goals and personal preferences. This complexity is tough to capture in a brief social media post.

    The good news is that nutrition education, when it occurs, is effective, and most medical students and physicians acknowledge the critical role nutrition plays in health. In fact, close to 90% of med students say nutrition education should be a mandatory part of medical school.

    We hope that nutrition education, after being devalued or ignored for decades, will soon be an integral part of every medical school’s curriculum. But given its history and current status, this seems unlikely to happen anytime soon.

    In the meantime, those who want to learn more about a healthy diet should meet with a nutrition professional, or at the very least read the 2020-2025 Dietary Guidelines for Americans or the World Health Organization’s healthy diet recommendations.

    The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Diet-related diseases are the No. 1 cause of death in the US – yet many doctors receive little to no nutrition education in med school – https://theconversation.com/diet-related-diseases-are-the-no-1-cause-of-death-in-the-us-yet-many-doctors-receive-little-to-no-nutrition-education-in-med-school-236217

    MIL OSI – Global Reports –

    September 29, 2024

  • MIL-OSI Video: Secretary Blinken hosts a Multilateral Meeting – 1:15 PM

    Source: United States of America – Department of State (video statements)

    Secretary of State Antony J. Blinken hosts a Multilateral Meeting on Building on Progress to Restore Security in Haiti in New York City, New York.
    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
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    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=FZQMBlMi9TA

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Video: Secretary Blinken participates in a High-Level Meeting – 12:00 PM

    Source: United States of America – Department of State (video statements)

    Secretary of State Antony J. Blinken participates in a High-Level Meeting on Addressing the Existential Threats Posed by Sea-Level Rise in New York City, New York, on September 25, 2024.
    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
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    Subscribe to the State Department Blog: https://www.state.gov/blogs
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    https://www.youtube.com/watch?v=tQGiiGcoJUs

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Session 5

    Source: European Central Bank (video statements)

    Session 5:

    Chair: Philipp Hartmann, European Central Bank

    Monetary policy without commitment
    Hassan Afrouzi, Columbia University
    Marina Halac, Yale University
    Kenneth S. Rogoff, Harvard University
    Pierre Yared*, Columbia University
    Discussant: Albert Marcet, CREI and Universitat Pompeu Fabra

    The secular decline of bank balance sheet lending
    Greg Buchak, Stanford University
    Gregor Matvos, Northwestern University
    Tomasz Piskorski, Columbia University
    Amit Seru*, Stanford University
    Discussant: Neeltje van Horen, Bank of England and University of Amsterdam

    https://www.youtube.com/watch?v=O6MpqQtiRC4

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Video: Secretary Blinken meets with Foreign Ministers of the Gulf Cooperation Council Member States 9:30AM

    Source: United States of America – Department of State (video statements)

    Secretary of State Antony J. Blinken meets with Foreign Ministers of the Gulf Cooperation Council Member States in New York City, New York, on September 25, 2024.
    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    Twitter: https://twitter.com/StateDept
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    Subscribe to the State Department Blog: https://www.state.gov/blogs
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    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

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    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=oH3Mz7N9fs0

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI Security: Defense News: Joint Force Command Norfolk, U.S. Second Fleet Join 2024 Tri-Party in Halifax: Focuses on Arctic Defense and Homeland Security

    Source: United States Navy

    The Tri-Party Staff Talks, established in 2015, bring together key maritime forces to enhance collaboration and ensure interoperability between U.S. and Canadian forces. The discussions center on joint operations, intelligence sharing, and defense strategy, particularly in the North Atlantic and Arctic.

    As Second Fleet leads naval operations in the western Atlantic, Perry’s dual role with NATO adds further significance to the talks, underscoring the need for seamless coordination among Allied forces.

    “Our mission is clear, to safeguard the Atlantic and Arctic, maintain maritime security, and ensure free and open access to international waters,” said Perry. “These talks enhance our joint capabilities as we confront emerging challenges, including the protection of undersea infrastructure and rising competition in the Arctic.”

    This year’s talks will address several pressing issues. A primary focus is the growing importance of Arctic operations as the region has increased activity. The Tri-Party will evaluate strategies for improving Arctic domain awareness, enhancing cold-weather capabilities, and refining joint responses to potential security threats.

    The 2024 Tri-Party staff talks also provide an opportunity to review joint exercises held earlier this year. Operation Nanook (OP NANOOK) 2024, conducted from August 15-27, brought together the U.S. Navy, U.S. Coast Guard, Royal Canadian Navy, and Royal Danish Navy for exercise operations in the Arctic waters near Nuuk, Greenland. These exercises included maritime interdiction training, gunnery drills, and search-and-rescue simulations that tested the forces’ ability to operate in harsh Arctic conditions.

    “Operation Nanook proved that our joint forces are ready to meet the challenges of the Arctic environment,” said Perry. “It also strengthened our collaboration with Canada and other NATO partners. Second Fleet is a premier fighting force, and we will continue to demonstrate this to the world. We are adaptable, flexible and above all, ready to fight.”

    Additionally, Tri-Party members conducted Frontier Sentinel 2024 in June; a tabletop exercise focused on refining operational procedures for defending undersea infrastructure. These exercises highlight the need for enhanced communication and operational alignment among the Tri-Party forces.

    Royal Canadian Rear Adm. David Patchell, Vice Commander, U.S. 2nd Fleet, emphasized the growing strategic importance of the Arctic.

    “The arctic environment is dynamic, its maritime terrain changes every day, and it is essential that we prioritize Northern operations,” said Patchell. “The ability for the Tri Party forces to operate together in this environment is essential to maintaining stability in the region. This year’s talks are focused on understanding our shared challenges and optimizing our joint training to ensure we’re ready for future challenges.”

    Perry noted the DoD’s 2024 Arctic Strategy has provided a framework for the Tri-Party partnership to further strengthen Arctic defense amongst the everchanging Arctic landscape.

    The 2024 Tri-Party staff talks reaffirm the enduring partnership between U.S. and Canadian maritime forces and their commitment to maintaining peace, security, and freedom of navigation in the Atlantic and Arctic. With joint exercises, enhanced interoperability, and shared strategic planning, the Tri-Party partnership remains prepared to protect North American interests and address future security challenges.

    MIL Security OSI –

    September 29, 2024

  • MIL-OSI Video: Ninth ECB Annual Research Conference 2024: Session 6

    Source: European Central Bank (video statements)

    Session 6:

    Chair: Ulrich Bindseil, European Central Bank

    Specialization in banking
    Kristian Blickle, Federal Reserve Bank of New York
    Cecilia Parlatore*, New York University
    Anthony Saunders, New York University
    Discussant: Diana Bonfim, Banco de Portugal and European Central Bank

    The global credit cycle
    Nina Boyarchenko*, Federal Reserve Bank of New York
    Leonardo Elias, Federal Reserve Bank of New York
    Discussant: Stijn Claessens, Yale University

    https://www.youtube.com/watch?v=V0jaKjL5ALo

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI United Kingdom: Scottish Secretary reacts to GDP for July 2024

    Source: United Kingdom – Executive Government & Departments

    Ian Murray says difficult short-term decisions must be made for long-term gain

    The latest Scottish GDP stats are published here this morning for the month of July.

    Scottish Secretary Ian Murray says that although the 0.3% growth for the month is encouraging, tough short-term decisions are still required for long-term improvement.

    He said:

    Economic growth is one of the key missions of the UK Government and Scotland is at the heart of that, as the Prime Minister underlined yesterday when he confirmed that GB Energy will be headquartered in Aberdeen. Backed by £8.3bn of UK Government investment, it will bring jobs and opportunity for all parts of the UK.

    We inherited a dire fiscal situation from the previous government, as well as an industrial one, and that requires tough decisions that are hard in the short term, but the right thing for the country in the long term.

    Right now, we are making work pay, ensuring the national minimum wage is a true living wage, and we’re ending exploitative zero-hours contracts so workers have increased job security. At next month’s International Investment Summit, we will forge stronger links with our global business partners, all to achieve the growth that’s vital for economic stability.

    Background

    • Scotland’s onshore GDP is estimated to have grown by 0.3% in July. This follows 0.0% change in June (revised up from -0.3%).

    • In the three months to July GDP is estimated to have grown by 0.3%. This is a decrease compared to the Quarter 2 (April to June) growth rate of 0.6%.  

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    Updates to this page

    Published 25 September 2024

    MIL OSI United Kingdom –

    September 29, 2024

  • MIL-OSI Russia: Financial news: 09/25/2024, 14:47 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the BELU (NovaBev ao) security were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    14:47

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 25, 2024, 14:47 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -23.87%), the transfer rate and the range of interest rate risk assessment (up to -0.53 rubles, equivalent to a rate of 46.36%) of the BELU security (NovaBev JSC) were changed.

    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://www.moex.com/n73449

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

    MIL OSI Russia News –

    September 29, 2024

  • MIL-OSI Russia: Financial news: 09/25/2024, 12-28 (Moscow time) the values of the lower limit of the price corridor for swap transactions and the range of interest rate risk assessment for the KZTRUBTODTOM instrument were changed.

    MIL OSI Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    09/25/2024

    12:28

    In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the NCC (JSC) on September 25, 2024, 12:28 (Moscow time), the values of the lower limit of the price corridor for swap transactions (up to -0.0343 rubles) and the range of interest rate risk assessment (up to -0.0493 rubles, equivalent to a rate of 97.15%) for the KZTRUBTODTOM instrument were changed.

    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://www.moex.com/n73439

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

    MIL OSI Russia News –

    September 29, 2024

  • MIL-OSI China: MOFA response to US President Biden and Australian Prime Minister Albanese conveying high regard for peace and stability across Taiwan Strait

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US President Biden and Australian Prime Minister Albanese conveying high regard for peace and stability across Taiwan Strait

    September 21, 2024  

    US President Joe Biden met with Australian Prime Minister Anthony Albanese on September 20 in the US state of Delaware. Following the meeting, the White House published a readout stating that the two leaders had discussed their support for maintaining peace and stability in the Taiwan Strait; their concerns about the coercive and destabilizing activities of the People’s Republic of China, including in the South China Sea; and the commitment of the United States and Australia to promoting a free and open Indo-Pacific that is secure and stable.

     

    Following the public expression of strong, all-round support for Taiwan in the joint statement on the Australia-US Ministerial Consultations in August, the readout of the meeting between the two leaders once again demonstrates both countries’ high regard for maintaining peace and stability across the Taiwan Strait. The Ministry of Foreign Affairs sincerely appreciates and welcomes this.

     

    The United States, Australia, and other like-minded nations continue to frequently issue statements to express a joint position regarding peace and stability across the Taiwan Strait, fully demonstrating that the safeguarding of peace and stability across the Taiwan Strait has become an international consensus. As a responsible member of the Indo-Pacific region, Taiwan will continue to work with like-minded nations to defend the common values of freedom, democracy, and the rule of law; preserve the rules-based international order; and uphold peace, stability, and prosperity across the Taiwan Strait and throughout the Indo-Pacific.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI Economics: Resource Advisory: Tracking crude oil and natural gas production with EIA data

    Source: US Energy Information Administration – EIA

    Headline: Resource Advisory: Tracking crude oil and natural gas production with EIA data

    U.S. ENERGY INFORMATION ADMINISTRATION
    WASHINGTON DC 20585

    FOR IMMEDIATE RELEASE
    September 25, 2024

    The U.S. Energy Information Administration (EIA) has several sets of data on the domestic production of crude oil and natural gas. Depending on your interests, the resources below can help you find the crude oil and natural gas data you need.

    Table 1. Key production figures from the latest EIA data
      2023 annual June 2024
    Crude oil 12.9 million b/d 13.2 million b/d
    Dry natural gas 103.8 Bcf/d 103 Bcf/d

    Crude oil

    Crude oil production is typically measured in barrels or barrels per day. When EIA analyzes crude oil production, it relies on field production of crude oil and lease condensate, which is published at the national level, at the Petroleum Administration for Defense District (PADD) level, and at the state level.

    Crude oil is refined into a series of consumable petroleum products such as gasoline, diesel, and jet fuel. EIA publishes U.S. production of petroleum products in the Petroleum Supply and Disposition table, under the Refinery and Blender Net Production column.

    EIA publishes short-term forecasts of total U.S. crude oil production and forecasts of tight oil production (oil production by hydraulic fracturing, or fracking) by geologic formation.

    Natural gas

    Natural gas production is typically measured in billion cubic feet or billion cubic feet per day. Natural gas is unique in that its production can be measured in three ways:

    • Gross withdrawals of natural gas include everything pulled from the ground, including product that is ultimately flared or siphoned off to another product stream. EIA tracks gross withdrawals at the national level and by state.
    • Marketed or wet natural gas production is smaller than gross withdrawals because it does not include gas that was vented, flared, used for repressuring, or removed during treating and processing. EIA publishes historical and forecast marketed natural gas production at the national and regional level. Historical marketed production is also available by state.
    • Dry natural gas production is what goes to the consumer. It’s lower than wet production because it does not include natural gas plant liquids such as ethane and propane that are counted in marketed production. EIA publishes dry natural gas production at the national level and by state. EIA publishes dry natural gas production by hydraulic fracturing (fracking) by shale gas formation.

    EIA publishes varying data series of monthly and annual crude oil and natural gas production. The agency also publishes weekly estimates of some production measures. Members of the press can contact our media relations team with any questions at EIAMedia@eia.gov.

    The data described in this advisory were prepared by the U.S. Energy Information Administration, the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analysis, and forecasts are independent of approval by any other officer or employee of the U.S. government. The views in the product and this press release therefore should not be construed as representing those of the U.S. Department of Energy or other federal agencies.

    EIA Press Contact: Chris Higginbotham, EIAMedia@eia.gov

    MIL OSI Economics –

    September 29, 2024

  • MIL-OSI: CERo Therapeutics, Inc. Announces Financing and Provides Update on Investigational New Drug Application for CER-1236

    Source: GlobeNewswire (MIL-OSI)

    Company requests Type A Meeting with U.S. Food and Drug Administration regarding clinical hold for CER-1236; announces key management changes

    SOUTH SAN FRANCISCO, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) (“CERo”), an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, today announced that existing investors have committed a financing of $1.25 million. With these funds the Company plans to work with the U.S. Food and Drug Administration to resolve the remaining IND issue for CER-1236, which is on clinical hold.

    Vice Chairman Chris Ehrlich will become Chairman and Interim Chief Executive Officer. Brian Atwood has elected to step down as President and CEO to become a consultant to CERo and to Mr. Ehrlich during this transition; he will remain on the board of directors. Both Charles Carter, CERo’s Chief Financial Officer, and Daniel Corey, M.D., Chief Technology Officer have also elected to step down from their positions and board seat in the case of Dr. Corey. The Company has already identified consultants to continue to progress its ongoing work.

    “This is a unique opportunity for us to reset and ensure that CERo is able to deliver on the promise of its science,” stated Mr. Ehrlich. “We will continue to benefit from Brian’s experience in the market, while we work diligently to progress CER-1236 into the clinic. In the meantime, we are implementing cost reductions to minimize our capital needs and have already made considerable headway in identifying replacements for the CFO and CTO positions, both activities which we believe will be instrumental in helping us to drive forward and complete the task at hand.”

    CERo continues to progress in its work to address the Clinical Hold placed on its Investigational New Drug Application for CER-1236. The company has requested a Type A Meeting with the U.S. Food and Drug Administration (FDA) regarding its open Investigational New Drug Application, which is currently on Clinical Hold. The Company intends to discuss its plans and data collected to date.

    As announced previously, the clinical hold is related to only two pharmacology and toxicology questions which the Company believes can be addressed. CERo has initiated pre-clinical in vitro studies and experiments, interim data from which constituted the Company’s Type A Meeting Request regarding the clinical hold. These experiments will continue into October, as CERo awaits FDA’s response to the submitted Type A Meeting Request.

    About CERo Therapeutics, Inc.
    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2024 for hematological malignancies.

    Forward-Looking Statements
    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on April 2, 2024, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Brian Atwood
    Chief Executive Officer
    batwood@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network –

    September 29, 2024

  • MIL-OSI China: MOFA response to US secretary of state and Japanese and ROK foreign ministers reaffirming importance of cross-strait peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US secretary of state and Japanese and ROK foreign ministers reaffirming importance of cross-strait peace and stability

    September 24, 2024 

    United States Secretary of State Antony Blinken, Japanese Minister for Foreign Affairs Yoko Kamikawa, and Republic of Korea Minister of Foreign Affairs Cho Tae-yul held a trilateral meeting on the sidelines of the United Nations General Assembly on September 23. According to a US Department of State press readout, the three sides reiterated the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity in the international community. They called for the peaceful resolution of cross-strait issues and affirmed their strong opposition to any unilateral attempts to change the status quo in the maritime domains of the Indo-Pacific.

     

    The Ministry of Foreign Affairs thanks the United States, Japan, and the ROK for continuing to reaffirm the importance of cross-strait peace and stability at high-level bilateral and multilateral events, demonstrating their high regard and staunch support for stability across the Taiwan Strait and the Indo-Pacific. Taiwan will continue to work with the United States, Japan, the ROK, and other like-minded countries to preserve peace, stability, and prosperity across the Taiwan Strait and throughout the region.

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI China: MOFA response to US, Japan, and other QUAD members reaffirming importance of regional peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US, Japan, and other QUAD members reaffirming importance of regional peace and stability

    September 22, 2024 

    US President Joe Biden met with Japanese Prime Minister Fumio Kishida in the US state of Delaware on September 21. In a readout released by the White House following the meeting, the two sides reaffirmed their resolve to maintain peace and stability across the Taiwan Strait and underscored their opposition to any attempts to change the status quo by force. They also addressed shared concerns over coercive and destabilizing activities of the People’s Republic of China, including in the South China Sea. 

     

    The Ministry of Foreign Affairs sincerely welcomes and appreciates this reiteration by US and Japanese leaders of the importance of cross-strait peace and stability, which came one day after a US-Australia leaders’ meeting. 

     

    Separately, the leaders of the United States, Japan, Australia, and India met in Delaware on September 21 for the fourth Quad Leaders Summit. A joint statement released following the meeting stressed the parties’ support for maintaining regional peace and stability as an indispensable element of global security and prosperity. It also underscored their strong opposition to any destabilizing or unilateral actions that seek to change the status quo by force or coercion. The statement further condemned dangerous actions by coast guard or maritime militia forces, again showing the international community’s great concern for peace and stability in the Indo-Pacific region. 

     

    MOFA thanks the United States, Japan, and other like-minded nations for again highlighting the importance of peace and stability across the Taiwan Strait and in the region. As a responsible stakeholder in the Indo-Pacific, Taiwan will continue to cooperate with like-minded partners to uphold peace, stability, and prosperity across the Taiwan Strait and in the region. 

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI Video: BASIC EDUCATION MINISTER TO ADDRESS THE MEDIA ON DEVELOPMENTS ON BUDGET CUTS IN THE EDUCATION SECTOR

    Source: Republic of South Africa (video statements-2)

    The Minister of Basic Education, Ms Siviwe Gwarube briefs the media to provide an update on the provincial level analysis of the impact of budget cuts in the education sector

    https://www.youtube.com/watch?v=uSASuHD-MPo

    MIL OSI Video –

    September 29, 2024

  • MIL-OSI China: MOFA response to US President Biden reaffirming staunch US support for cross-strait peace and stability in UNGA address

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US President Biden reaffirming staunch US support for cross-strait peace and stability in UNGA address

    September 25, 2024  

    In his remarks before the 79th session of the United Nations General Assembly (UNGA) on September 24, US President Joe Biden underlined the United States’ determination to maintain peace and stability across the Taiwan Strait, push back against unfair economic competition, and oppose military coercion in the South China Sea. He added that the United States would continue to strengthen its network of alliances and partnerships across the Indo-Pacific to build a free, open, secure, and peaceful region.

     

    The Ministry of Foreign Affairs welcomes and appreciates President Biden’s consistent public support for cross-strait peace and stability during his term in office. Within the past week, in addition to his address at the UNGA, President Biden has reiterated his high regard for and firm commitment to the Taiwan Strait and the Indo-Pacific during meetings with the leaders of Australia and Japan. Taiwan will continue to work with the United States and other like-minded countries to safeguard peace, stability, and prosperity across the Taiwan Strait and throughout the region. 

    MIL OSI China News –

    September 29, 2024

  • MIL-OSI Europe: Additional funding to the Swedish Work Environment Authority for stricter and more effective supervision to prevent fatal accidents and other work environment risks

    Source: Government of Sweden

    Additional funding to the Swedish Work Environment Authority for stricter and more effective supervision to prevent fatal accidents and other work environment risks – Government.se

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    Press release from Ministry of Employment

    Published 25 September 2024

    In the Budget Bill for 2025, the Government proposes allocated funds to the Swedish Work Environment Authority for stricter and more effective supervision to prevent fatal accidents and other work environment risks. It also includes developing the selection of workplaces for inspection to ensure that the supervision is directed to a greater extent at the workplaces where the risk is greatest. To this end, the proposal is that the Swedish Work Environment Authority’s administrative appropriation be increased by SEK 50 million for 2025. The appropriation is then expected to increase by SEK 75 million in 2026 and permanently by SEK 100 million in 2027.

    In 2023, 63 workers died in work-related accidents, which is an increase compared to previous years. A poor work environment is considered a contributory cause to premature deaths in many cases each year. For example, stress contributes to the premature death of more than 770 people per year. Efforts to prevent fatal accidents in the workplace and to achieve effective oversight are essential to maintaining worker protection and ensuring that fair competition prevails in the labour market.

    The level of ambition must remain high for work environment policy to meet various types of challenges in the workplace. The Government is therefore allocating additional funds to the Swedish Work Environment Authority for a stricter and more effective supervision to prevent fatal accidents and other serious work environment risks.

    A safe and stimulating workplace is key for citizens’ welfare and makes an essential contribution to a safer and more secure Sweden. A good work environment promotes growth and employment opportunities, as well as good, equal and equitable health. Nobody should die or be injured as a result of their work.

    The Government has submitted these proposals in the Budget Bill for 2025. They are based on an agreement between the Government and the Sweden Democrats.

    Press contact

    Budget Bill for 2025

    On 19 September the Government will submit its proposal for the central government budget to the Riksdag.

    MIL OSI Europe News –

    September 29, 2024

  • MIL-OSI USA: Sanders, Welch, Balint Urge FEMA to Address Staffing Issues Slowing Flood Recovery in Vermont

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    WASHINGTON, D.C. – The Vermont Congressional Delegation, Senator Bernie Sanders (I-Vt.), Senator Peter Welch (D-Vt.), and Representative Becca Balint (VT-At Large) called on Deanne Criswell, Administrator of the Federal Emergency Management Agency (FEMA) to address concerns raised by Vermont municipalities about high staff turnover and other bureaucratic inefficiencies within the agency’s Public Assistance (PA) program, which has slowed the disaster recovery process for small and rural communities across Vermont. The lawmakers also urged FEMA to shift more resources and administrative control to local communities who can be more effective in disaster response.  
    The Delegation raised the concern that many municipalities have struggled to get clear guidance, timely responses, or consistent staffing from FEMA’s Program Delivery Managers (PDMG), further exacerbating the complicated process of securing PA funding from the agency. Lyndon  has worked with four PDMGs since July 2023, while Ludlow is on its seventh PDMG. New managers add to the bureaucratic backlog and set back communities’ recovery.  
    In May, Sanders, Welch, and Balint called on FEMA Administrator Criswell and the Agency to work with Congress and the Delegation to improve disaster response and FEMA’s Individual Assistance (IA) process, which has slowed assistance for many seeking aid.  
    Sanders, Welch and Balint requested answers to several questions outlined in their letter related to short- and long-term concerns impacting Vermont’s disaster recovery, specific to the PA process and control of administrative responsibilities.  
    Read the full letter below or here. 
    Dear Administrator Criswell:  
    We write to express our concern about two issues—one short-term and administrative, and the other long-term and structural—regarding FEMA’s disaster recovery response to Vermont’s severe flooding. As you know, Vermont suffered devastating storms in July 2023 (DR-4720-VT), followed by another two storms in July (DR-4810-VT, and a pending Major Disaster Declaration request from Governor Scott for July 29-31, submitted August 27) and one August 2024 (EM-3609-VT).  
    We want to begin by acknowledging our immense appreciation of the work of you and your team, and FEMA’s immediate response to the damage sustained by Vermont homeowners, businesses, and farms.  
    The immediate issue of concern is this: homeowners, businesses, selectboards, farmers, and other stakeholders across Vermont have faced, and continue to face, delays, confusing and conflicting guidance, and inefficiencies in getting clear answers and timely responses from FEMA to predictable inquiries about what help they can expect and when they can expect it. These frustrations have caused immense concern, added expense, and despair for Vermonters doing their best to move on from catastrophic losses. For municipalities in particular, we believe that the extraordinary turnover in Program Delivery Managers (PDMG) exacerbates the already complicated Public Assistance process. Let us provide a few examples:    
    Ludlow, one of the most heavily impacted communities in 2023, has worked with six PDMGs since July 2023. On August 9, 2024, the town manager learned a seventh PDMG would be starting the following week. Ludlow has nearly $4 million in projects for which it has not received payment from FEMA.  
    Another small community, Lyndon, which was severely flooded again last month, has worked with four PDMGs. The Lyndon town administrator reported that with each new PDMG, he had to file all the required paperwork to receive assistance over again, starting from scratch. This resulted in hundreds of unnecessary emails and hours of duplicated work. As Lyndon was struggling to rebuild its roads and bridges in 2024, it was still awaiting reimbursement for infrastructure repairs made following the 2023 flood, in part because of this bureaucratic backlog.  
    The second issue is long-term and structural. We believe that follow up services from FEMA would be more effective, responsive, and efficient, if far more administrative responsibility for resource distribution were transferred to local officials in affected communities. For example, a recent Vermont report found that for every $2 FEMA spent on administrative costs, it only spent $1 on Individual Assistance. In order to provide the best relief at the most efficient prices, local leadership is essential. With respect to our short-term concerns regarding PDMG turnover rates, we request information from FEMA to help us to evaluate concretely how this impacts Vermont. Specifically: 

    What have been the PDMG turnover rates within FEMA Region 1 and Vermont?  
    What is the average timeline in Vermont for towns to get approvals for their reimbursements from their PDMGs?  
    How often do PDMGs reverse project approvals from previous PDMGs? Even without an overt reversal, how often do replacement PDMGs require project requests be submitted from scratch? 
    What processes does FEMA have in place to ensure continuity between outgoing and incoming PDMGs? 
    What specific legislative changes or other support that Congress could provide to minimize PDMG staff turnover? 

    With respect to our long-term concerns:  

    What are your suggestions on how to concretely move administrative responsibilities, along with resources, to local communities directly affected by disasters?  

    Thank you for your attention to this important matter. We look forward to receiving a response by October 11, 2024.  
    Sincerely,  
    Senator Bernie Sanders    
    Senator Peter Welch   
    Representative Becca Balint  

    MIL OSI USA News –

    September 29, 2024

  • MIL-OSI Russia: HSE University Opens Enrollment for the Second Internship Program in Teaching Excellence

    MIL OSI Translation. Region: Russian Federation –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    On October 14, the Higher School of Economics will launch a two-week advanced training program calledTeaching Workshop” . It is designed for teachers from Russian educational institutions who want to expand their professional experience: learn how to design training courses, select assessment tools, and apply elements of blended learning. In the first week, classes will be held at HSE, and in the second week, online. You can apply for participation until October 10.

    The developer of the program is Department of Educational Innovations and Special International Programs HSE, which is responsible for the project,Teach for HSE / We teach at HSE“This is an intra-university project that has been implemented for seven years and has played an important role in maintaining and improving the quality of teaching.

    At the beginning of this year, the authors of the project decided to offer their developments on the external market. This is how the advanced training program “Educational Course Design 3.0” was created, under which teachers from nine regions of Russia were trained at the beginning of 2024. Their reviews can be read Here.

    It is noteworthy that, although the program was initially designed for representatives of higher education, those who work with children and teenagers and teach courses for adults have also signed up for it. So this time, when recruiting for the “Teaching Workshop”, it does not matter which educational institution the potential students work for.

    “The workshop content was designed taking into account both the many years of experience of the Teach4HSE project and the feedback received from the graduates of “Educational Course Design 3.0″. The leitmotif of advanced training this time will be AI, we will dedicate a separate block to it. Students will master effective techniques for organizing classes using media technologies and AI in an interactive educational environment,” notes Oksana Chernenko, Director of Educational Innovations at HSE.

    Participants of the project “Consultants on teaching in a digital environment” — HSE employees who successfully use digital tools in teaching and help their colleagues implement them. Students will be shown specific examples of how AI can be used in classes on certain subjects.

    The program also includes such topics as the organization of team and group work of students, pedagogical design (designing a course in a blended format), teaching styles in a modern university from the student’s point of view, formative and final assessment as mandatory elements of the course, and others. The masters will be renowned HSE teachers representing various disciplinary fields.

    As last time, classes in the first week will be held at the HSE building on Pokrovsky Boulevard, and in the second week, colleagues will travel to their regions. Using the knowledge they have gained, they will update their training courses with remote support from teaching experts. The final day of the program is the presentation of the updated training courses.

    Each graduate of the program will receive a certificate of advanced training from the National Research University Higher School of Economics.

    You can find out more about the workshop program and apply here Here.

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

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

    http://vvv.hse.ru/nevs/edu/966348954.html

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

    MIL OSI Russia News –

    September 29, 2024
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