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Category: Latin America

  • MIL-OSI Russia: Dmitry Chernyshenko: 90 international friendship clubs unite young Russians and representatives of more than 140 countries

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    March 20, 2025

    International friendship clubs have opened all over Russia.

    International friendship clubs have opened all over Russia – in 89 regions of the country and in the federal territory of Sirius. The flagship project of the World Youth Festival (WYF) Directorate is aimed at strengthening international cooperation between young people from regions of Russia and foreign countries.

    According to the instructions of the President of Russia Vladimir Putin, international friendship clubs became a continuation of the program “Cultural Patronage”, during which at the 2024 WFM each foreign delegation was assigned a supervising region of the Russian Federation. Young Russians helped representatives of foreign delegations to get to know the history, traditions and culture of the peoples of our country better. Russian participants of international friendship clubs are establishing cooperation with representatives of 142 countries.

    “International friendship clubs make an important contribution to the development of the federal project “Russia in the World”, the national project “Youth and Children” and the preservation of the legacy of the World Youth Festival, which was held with the participation of Russian President Vladimir Putin. In total, 90 international friendship clubs have opened in our country since 2024. They have united young Russians and representatives of more than 140 countries. During this period, the clubs held 580 events, in which about 30 thousand people took part. Such results show that young people from various countries want to develop joint projects with children from Russia,” said Deputy Prime Minister Dmitry Chernyshenko.

    The work of international friendship clubs is structured along five tracks: media, entrepreneurship, civic activity, regional specifics, and the creation of youth communities.

    “The importance of developing international youth cooperation is confirmed by the steady interest in joint activities of representatives of the younger generation from different countries. We see how young people from Russia and abroad strive to communicate, establish friendly and partnership ties, and create joint projects and initiatives. International friendship clubs began to form in the regions of Russia in August last year, and during this time, about 17 thousand Russians and more than 12 thousand young people from abroad have joined them. This once again confirms that, despite any difficulties, young people strive to establish contacts for the sake of the future and a just world,” said the head of Rosmolodezh Grigory Gurov.

    The final openings took place in the Kursk and Bryansk regions. Thus, as part of the ceremonial event, the youth of Bryansk were addressed by their peers from partner countries – Pakistan and Belarus.

    “Today marks a milestone in our journey to strengthen people-to-people ties. Our club aims to foster constructive relationships, promote cultural understanding and celebrate the diversity of our countries. This is a wonderful way to build mutual understanding, respect and trust,” said International Friendship Club member Mustafa Aamir from Pakistan.

    The participants of the grand opening were representatives of the region’s creative youth, foreign citizens, volunteers and participants of the World Youth Festival and honored guests. During the event, representatives of creative youth from Russia and abroad performed dance and vocal numbers.

    “This event symbolizes the beginning of a new stage in the development of our international relations, cultural exchange and mutual understanding between peoples. Bryansk region has always been known for its openness and hospitality. We believe that this club will become a meeting place for people united by common interests and goals,” noted the representative of Belarus Maria Yurkova.

    The opening of the International Friendship Club of Kursk Region was attended by specialists implementing events on international cooperation, representatives of student communities, including foreign students, and activists from various fields. Within the framework of the International Friendship Club, the youth of Kursk Region interacts with young leaders from Bolivia.

    In addition, during the opening of the friendship clubs of the Kursk and Bryansk regions, ceremonies were held to award commemorative medals for contributions to the preparation and holding of the 2024 WFM.

    The World Youth Festival was held from March 1 to 7, 2024, in Sirius with the participation of Russian President Vladimir Putin. Its key goal is to develop international youth cooperation. 20,000 young leaders from 190 countries took part in the WYF-2024.

    According to the instructions of the head of state, the WFM will be held in Russia on a regular basis – once every six years, and every six years 10 thousand young people from all over the world will gather at the forum. Between these events, international thematic gatherings will be held under the auspices of the WFM.

    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.

    MIL OSI Russia News –

  • MIL-OSI Economics: AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN CARTIER RESOURCES INC.

    Source: Agnico Eagle Mines

    Stock Symbol:  AEM (NYSE and TSX)

    TORONTO, March 20, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) announced today that it has agreed to subscribe for 20,770,000 units (“Units”) of Cartier Resources Inc. (“Cartier”) in a non-brokered private placement at a price of C$0.13 per Unit for total consideration of C$2,700,100 (the “Private Placement”). Each Unit is comprised of one common share of Cartier (a “Common Share”) and one common share purchase warrant of Cartier (each, an “Offering Warrant”). Each Offering Warrant entitles the holder to acquire one Common Share at a price of C$0.18 for a period of five years following the closing date of the Private Placement, subject to acceleration in certain circumstances. Closing is expected to occur on or about April 10, 2025 and is subject to certain conditions.

    Agnico Eagle currently owns, or exercises control and direction over, an aggregate of 97,022,944 Common Shares and 7,000,000 Common Share purchase warrants entitling Agnico Eagle to acquire 7,000,000 Common Shares (the “Existing Warrants”), representing approximately 26.6% of the issued and outstanding Common Shares on an undiluted basis and 28.0% of the issued and outstanding Common Shares on a partially-diluted basis (assuming the exercise of the Existing Warrants). On closing of the Private Placement, assuming that 39,432,000 Common Shares are issued by Cartier in connection with the concurrent “best efforts” private placement offering announced by Cartier, Agnico Eagle will own 117,792,944 Common Shares, 20,770,000 Offering Warrants and 7,000,000 Existing Warrants, representing approximately 27.7% of the issued and outstanding Common Shares on an undiluted basis and approximately 32.2% of the Common Shares on a partially-diluted basis (assuming the exercise of the Existing Warrants and Offering Warrants held by Agnico Eagle).

    Agnico Eagle and Cartier were party to an amended and restated investor rights agreement dated May 20, 2022 (the “Existing Agnico IRA”), pursuant to which Agnico Eagle was entitled to certain rights (subject to maintaining certain ownership thresholds), including: (a) the right to participate in certain equity financings by Cartier in order to acquire up to a 19.97% ownership interest in Cartier; and (b) the right to nominate one person (and in the case of an increase in the size of the board of directors of Cartier to 10 or more directors, two persons) to the board of directors of Cartier. In addition, Agnico Eagle Abitibi Acquisition Corp. (successor to O3 Mining Inc.), an indirect wholly-owned subsidiary of Agnico Eagle, and Cartier were party to an investor rights agreement dated April 21, 2022 (the “Existing O3 IRA”), pursuant to which Agnico Eagle Abitibi Acquisition Corp. was entitled to certain rights (subject to maintaining certain ownership thresholds), including: (i) the right to participate in certain equity financings by Cartier in order to maintain its then-current ownership interest in Cartier; and (ii) the right to nominate one person to the board of directors of Cartier.

    Immediately prior to entering into the subscription agreement in respect of the Private Placement, the Existing O3 IRA was terminated and the Existing Agnico IRA was amended and restated in order to, among other things: (a) increase the ownership interest ceiling in the participation right and top-up right from 19.97% to the greater of Agnico Eagle’s pro rata ownership interest in Cartier at the applicable time and 32%; (b) amend the nomination right to permit Agnico Eagle to nominate between one and three individuals to the board of directors of Cartier (based on certain ownership thresholds and the size of the board of directors of Cartier); and (c) grant Agnico Eagle demand registration and piggy-back registration rights in respect of the potential sale of Common Shares by Agnico Eagle.

    Agnico Eagle is acquiring the Common Shares and Offering Warrants for investment purposes. Depending on market conditions and other factors, Agnico Eagle may, from time to time, acquire additional Common Shares, common share purchase warrants or other securities of Cartier or dispose of some or all of the Common Shares, Offering Warrants, Existing Warrants or other securities of Cartier it owns at such time.

    An early warning report will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:

    Agnico Eagle Mines Limited
    c/o Investor Relations
    145 King Street East, Suite 400
    Toronto, Ontario M5C 2Y7
    Telephone: 416-947-1212
    Email: investor.relations@agnicoeagle.com

    Agnico Eagle’s head office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7. Cartier’s head office is located at 1740, chemin Sullivan, bureau 1000, Val d’Or, Québec J9P 7H1.

    About Agnico Eagle

    Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

    Forward-Looking Statements

    The information in this news release has been prepared as at March 20, 2025. Certain statements in this news release, referred to herein as “forward-looking statements”, constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as “may”, “will” or similar terms.

    Forward-looking statements in this news release include, without limitation, statements relating to the expected closing of the Private Placement (including the expected closing date), Agnico Eagle’s ownership interest in Cartier upon closing of the Private Placement and Agnico Eagle’s acquisition or disposition of securities of Cartier in the future.

    Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Other than as required by law, Agnico Eagle does not intend, and does not assume any obligation, to update these forward-looking statements.

    View original content to download multimedia:https://www.prnewswire.com/news-releases/agnico-eagle-announces-additional-investment-in-cartier-resources-inc-302406980.html

    SOURCE Agnico Eagle Mines Limited

    MIL OSI Economics –

  • MIL-OSI Security: Mexican Man Indicted for False Claim to U.S. Citizenship, False Statement in Application for a Passport, and Aggravated Identity Theft

    Source: Office of United States Attorneys

    SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Jose Arturo Perez Ramirez, age 33, a citizen of Mexico, was indicted by a federal grand jury for False Claim to U.S. Citizenship, making a False Statement in Application for Passport, and Aggravated Identity Theft. 

    According to Acting United States Attorney John C. Gurganus, the indictment alleges that Perez Ramirez applied for a U.S. Passport using the name, date of birth, place of birth, and social security number of another person to represent that he was a U.S. Citizen.  It is further alleged that in furtherance of that offense, Perez Ramirez utilized multiple means of identification of another actual person, including a state issued identification card and birth certificate.

    The matter was investigated by the U.S. Department of State Diplomatic Security Service (DOS-DSS) and United States Immigration and Customs Enforcement and Removal Operations. Assistant U.S. Attorney Sarah R. Lloyd is prosecuting the case.

    The maximum penalty under federal law for this offense is 10 years of imprisonment, a term of supervised release following imprisonment, and a fine.  A sentence following a finding of guilt is imposed by the Judge after consideration of the applicable federal sentencing statutes and the Federal Sentencing Guidelines.

    Indictments are only allegations.  All persons charged are presumed to be innocent unless and until found guilty in court.

    # # #

    MIL Security OSI –

  • MIL-OSI: Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields

    Source: GlobeNewswire (MIL-OSI)

    • New solutions will support remote operations in deepwater fields
    • Technology allows real-time response to evolving well conditions across multiple zones

    HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender and will leverage Baker Hughes’ innovative completions technology portfolio and extensive experience in Brazil to optimize production across multiple deepwater fields.

    A range of technologies from Baker Hughes has been specifically tailored to meet the needs of Petrobras’ offshore developments. The intelligent completions technologies, combined with conventional upper and lower completions solutions, will provide remote operations capabilities and multizone control, limiting water and gas breakthroughs and reducing the risk of any costly interventions.

    “Deepwater, high pressure wells require an unmatched level of reliability, and our completion technologies have proven themselves in these harsh environments,” said Amerino Gatti, executive vice president, Oilfield Services & Equipment at Baker Hughes. “Through continual innovation, improvement and testing, and in close collaboration with Petrobras, the Baker Hughes team has pioneered new ways to help develop Brazil’s natural resources safely and efficiently for decades to come.”

    Through this agreement, Petrobras will utilize Baker Hughes’ new SureCONTROL Premium interval control valve (ICV), which provides enhanced reliability in the high flowrates of Petrobras’ offshore fields. This technology was developed to meet Petrobras’ industry-leading standards and allows operators to respond remotely to evolving well conditions across multiple zones in real time.

    Petrobras will deploy a number of additional Baker Hughes completions technologies, including SureSENS QPT ELITE downhole gauges, SureSENS B-Annulus monitoring system, SureTREAT chemical injection system, Sur-Set flow control system, Orbit Premium barrier valves, a gas lift system, REACH subsurface safety valves, DeepShield subsurface safety valves, Premier packers, screens and gravel pack system.

    Baker Hughes has played a key role in the development of Brazil’s offshore oil and gas fields for decades, and the company’s localization strategy contributes to the nation’s economy while strengthening its energy supply chain.

    Delivery will begin in late 2025.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    For more information, please contact:

    Media Relations

    Brian Reynolds
    +1 346-315-6663
    brian.reynolds@bakerhughes.com

    Investor Relations

    Chase Mulvehill
    +1-346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network –

  • MIL-OSI Video: Attacks on media in Haiti

    Source: United Nations (Video News)

    The security situation is further deteriorating in Haiti, according to UNESCO and several media outlets. In early March, attacks on the media by armed gangs intensified, alongside rising tensions in Port-au-Prince, the capital. The United Nations Educational, Scientific, and Cultural Organization warns that the ability of journalists to disseminate accurate information is severely limited as a result.
    The attacks targeted several of the country’s most reputable newspapers and broadcasters, including Le Nouvelliste, which has survived dictatorships and disasters for more than a century.
    According to UNESCO, the increase in attacks on the media in Haiti by armed gangs that control most of the capital, Port-au-Prince, is aimed at intimidating journalists and sowing chaos.

    https://www.youtube.com/watch?v=3eJ2DB0jSdY

    MIL OSI Video –

  • MIL-OSI USA: Next-Generation Water Satellite Maps Seafloor From Space

    Source: NASA

    More accurate maps based on data from the SWOT mission can improve underwater navigation and result in greater knowledge of how heat and life move around the world’s ocean.
    There are better maps of the Moon’s surface than of the bottom of Earth’s ocean. Researchers have been working for decades to change that. As part of the ongoing effort, a NASA-supported team recently published one of the most detailed maps yet of the ocean floor, using data from the SWOT (Surface Water and Ocean Topography) satellite, a collaboration between NASA and the French space agency CNES (Centre National d’Études Spatiales).
    Ships outfitted with sonar instruments can make direct, incredibly detailed measurements of the ocean floor. But to date, only about 25% of it has been surveyed in this way. To produce a global picture of the seafloor, researchers have relied on satellite data.

    [embedded content]
    This animation shows seafloor features derived from SWOT data on regions off Mexico, South America, and the Antarctic Peninsula. Purple denotes regions that are lower relative to higher areas like seamounts, depicted in green. Eötvös is the unit of measure for the gravity-based data used to create these maps.NASA’s Scientific Visualization Studio

    Why Seafloor Maps Matter
    More accurate maps of the ocean floor are crucial for a range of seafaring activities, including navigation and laying underwater communications cables. “Seafloor mapping is key in both established and emerging economic opportunities, including rare-mineral seabed mining, optimizing shipping routes, hazard detection, and seabed warfare operations,” said Nadya Vinogradova Shiffer, head of physical oceanography programs at NASA Headquarters in Washington.
    Accurate seafloor maps are also important for an improved understanding of deep-sea currents and tides, which affect life in the abyss, as well as geologic processes like plate tectonics. Underwater mountains called seamounts and other ocean floor features like their smaller cousins, abyssal hills, influence the movement of heat and nutrients in the deep sea and can attract life. The effects of these physical features can even be felt at the surface by the influence they exert on ecosystems that human communities depend on.

    Mapping the seafloor isn’t the SWOT mission’s primary purpose. Launched in December 2022, the satellite measures the height of water on nearly all of Earth’s surface, including the ocean, lakes, reservoirs, and rivers. Researchers can use these differences in height to create a kind of topographic map of the surface of fresh- and seawater. This data can then be used for tasks such as assessing changes in sea ice or tracking how floods progress down a river.
    “The SWOT satellite was a huge jump in our ability to map the seafloor,” said David Sandwell, a geophysicist at Scripps Institution of Oceanography in La Jolla, California. He’s used satellite data to chart the bottom of the ocean since the 1990s and was one of the researchers responsible for the SWOT-based seafloor map, which was published in the journal Science in December 2024.
    How It Works
    The study authors relied the fact that because geologic features like seamounts and abyssal hills have more mass than their surroundings, they exert a slightly stronger gravitational pull that creates small, measurable bumps in the sea surface above them. These subtle gravity signatures help researchers predict the kind of seafloor feature that produced them.
    Through repeated observations — SWOT covers about 90% of the globe every 21 days — the satellite is sensitive enough to pick up these minute differences, with centimeter-level accuracy, in sea surface height caused by the features below. Sandwell and his colleagues used a year’s worth of SWOT data to focus on seamounts, abyssal hills, and underwater continental margins, where continental crust meets oceanic crust.
    Previous ocean-observing satellites have detected massive versions of these bottom features, such as seamounts over roughly 3,300 feet (1 kilometer) tall. The SWOT satellite can pick up seamounts less than half that height, potentially increasing the number of known seamounts from 44,000 to 100,000. These underwater mountains stick up into the water, influencing deep sea currents. This can concentrate nutrients along their slopes, attracting organisms and creating oases on what would otherwise be barren patches of seafloor.
    Looking Into the Abyss
    The improved view from SWOT also gives researchers more insight into the geologic history of the planet.
    “Abyssal hills are the most abundant landform on Earth, covering about 70% of the ocean floor,” said Yao Yu, an oceanographer at Scripps Institution of Oceanography and lead author on the paper. “These hills are only a few kilometers wide, which makes them hard to observe from space. We were surprised that SWOT could see them so well.”
    Abyssal hills form in parallel bands, like the ridges on a washboard, where tectonic plates spread apart. The orientation and extent of the bands can reveal how tectonic plates have moved over time. Abyssal hills also interact with tides and deep ocean currents in ways that researchers don’t fully understand yet.
    The researchers have extracted nearly all the information on seafloor features they expected to find in the SWOT measurements. Now they’re focusing on refining their picture of the ocean floor by calculating the depth of the features they see. The work complements an effort by the international scientific community to map the entire seafloor using ship-based sonar by 2030. “We won’t get the full ship-based mapping done by then,” said Sandwell. “But SWOT will help us fill it in, getting us close to achieving the 2030 objective.”
    More About SWOT
    The SWOT satellite was jointly developed by NASA and CNES, with contributions from the Canadian Space Agency (CSA) and the UK Space Agency. NASA’s Jet Propulsion Laboratory, managed for the agency by Caltech in Pasadena, California, leads the U.S. component of the project. For the flight system payload, NASA provided the Ka-band radar interferometer (KaRIn) instrument, a GPS science receiver, a laser retroreflector, a two-beam microwave radiometer, and NASA instrument operations. The Doppler Orbitography and Radioposition Integrated by Satellite system, the dual frequency Poseidon altimeter (developed by Thales Alenia Space), the KaRIn radio-frequency subsystem (together with Thales Alenia Space and with support from the UK Space Agency), the satellite platform, and ground operations were provided by CNES. The KaRIn high-power transmitter assembly was provided by CSA.
    To learn more about SWOT, visit:
    https://swot.jpl.nasa.gov
    News Media Contacts
    Jane J. Lee / Andrew WangJet Propulsion Laboratory, Pasadena, Calif.818-354-0307 / 626-379-6874jane.j.lee@jpl.nasa.gov / andrew.wang@jpl.nasa.gov
    2025-040

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Aberdeen among knowledge exchange award winners The University of Aberdeen were among the winners at the 10th Scottish Knowledge Exchange Awards on 19 March.

    Source: University of Aberdeen

    Winners at the 10th Scottish Knowledge Exchange AwardsThe University of Aberdeen were among the winners at the 10th Scottish Knowledge Exchange Awards on 19 March.
    The University, along with partners Vertebrate Antibodies-EpitogenX Ltd, picked up the Powerful Partnership award for their work developing AI-powered diagnostics using Epitogen® technology to detect autoimmune and infectious diseases.
    The internationally recognised collaboration was praised by organisers for yielding “world-first solutions, fostering global recognition, creating skilled talent, and driving economic and health advancements.”
    Read more about this collaborative project
    The event held at the Edinburgh Futures Institute brought together Scotland’s rich ecosystem of talent to celebrate transformational collaborations between businesses, communities, universities, colleges, and research institutes which are solving industry challenges, improving productivity, advancing research and supporting Scotland’s ambition to be one of the most innovative small nations in the world.
    Developments in renewable energy, mental health, medicine and food and drink scooped awards across 10 categories.
    Business Minister Richard Lochhead said: “It was good to see the full breadth of academic and business-led innovation on show at Interface’s annual awards.
    “It demonstrated why our expertise in so many sectors is revered around the world, from renewable energy and health technology, to food and drink.
    “Scotland has been at the forefront of many of the world’s most impactful innovations, from the MRI Scanner and penicillin to televisions and telephones. Yet, by combining research and business, so many new and exciting Scottish breakthroughs are just on the horizon and that is something we should all champion.”
    Amelia Whitelaw, Director of Interface, which organises the Awards, said: “The Scottish Knowledge Exchange Awards celebrate successful partnerships where knowledge is shared to create new solutions. The nominees and winners we are celebrating exemplify how collaboration drives valuable advancements. These partnerships have led to the development of new technologies, products, and services that contribute to economic progress and societal benefit. Their innovations are not only transforming Scotland but also have the potential to make a global impact.”
    The in full:
    Innovation of the Year – sponsored by HGF Ltd
    SolarSub Ltd, in collaboration with the National Manufacturing Institute Scotland (NMIS) at the University of Strathclyde, for refining the design of a solar panel cooling system, optimising it for manufacturing and scalability. Additionally, in partnership with Heriot-Watt University, the technology underwent rigorous field trials to evaluate its performance under extreme heat conditions, ensuring its robustness and efficacy.
    Innovator of the Future – sponsored by Highlands and Islands Enterprise
    Joint winners: Dr Dayi Zhang and Matthew Gibson
    Dr Dayi Zhang, Knowledge Transfer Partnership (KTP) Associate working with the University of Strathclyde and Inspectahire Instrument Co. Ltd for developing a portable, non-invasive ultrasonic device that revolutionises whisky cask monitoring. Designed for Scotland’s iconic whisky industry, the device enhances safety, reduces costs, and minimises carbon emissions, aligning with net zero goals. This innovation preserves cultural heritage while driving environmental progress and local economic growth.
    Matthew Gibson, KTP Associate working with the University of Strathclyde and Ailsa Reliability Solutions Ltd, is creating the next generation of data-driven condition monitoring solutions for the oil and gas sector. This project is developing the Vision© reliability platform and has demonstrated reduced machine downtime and energy waste, in pursuit of net zero and sustainable engineering processes.
    Inward Investment Impact – sponsored by International Social Enterprise Observatory

    Canon Medical Research Europe and the University of Edinburgh for bringing new AI Innovation and thinking to the heart of the business. The relationship contributed to increased inward investment and headcount in Canon Edinburgh as well as new collaborative research funding opportunities in the research and translation of Causal AI.
    Knowledge Exchange Champion – sponsored by Knowledge Exchange UK
    Winner: Professor John Bachtler
    Professor John Bachtler has transformed Scotland’s regional policy knowledge exchange through 40 years of leadership at the European Policies Research Centre at the University of Strathclyde. He advanced policy innovation via networks such as EoRPA and IQ-Net, linking Scotland with European policy frameworks. His strategic insights, mentoring, and impactful KE collaborations strengthened regional development policy, inspired future leaders, and enhanced Scotland’s European policy influence.
    Highly Commended: Dr Andrea Rodriguez and Dr Bryan McCann
    Dr Andrea Rodriguez, the University of Dundee, for sustaining engagement and impact on non-academic audiences by co-designing an international knowledge exchange programme on youth homelessness. Helping Young People Feel at Home took a multi-agency approach, involving critical thinking and dialogue with young people in Scotland and Brazil to improve service provision and professional practices.
    Dr Bryan McCann, Glasgow Caledonian University, has championed knowledge exchange throughout his academic career, establishing several strategic partnerships within the physical activity and mental health sectors. These partnerships have facilitated innovative and high-quality student placements, generated income for impactful knowledge exchange programmes, and contributed to health and wellbeing across Scotland.
    Knowledge Exchange Heroes – team and individual – sponsored by Azets Ltd
    Individual
    Susan Armstrong, KE Lead at Glasgow Caledonian University, has been instrumental in transforming the knowledge exchange landscape at the university through her strategic and collaborative approach. Her efforts, dedication, and unwavering support have significantly advanced the university’s KE initiatives, benefiting both the academic community and industry partners.
    Team
    The Scottish Centre for Food Development and Innovation (SCFDI) at Queen Margaret University has for 10 years championed KE in the food and drink sector in Scotland. They have developed progressive models for industry/academia KE career pathways, supported an impressive SME client portfolio and attracted increasing attention from global food companies and retailers.
    Making a Social Difference
    Scottish Action for Mental Health (SAMH) and Glasgow Caledonian University are collaborating to review, redesign and deliver SAMH’s Psychological Wellbeing services. Through partnership SAMH and GCU have developed the Time for You service, supporting mental health of thousands of members of the public via immediate access to free mental health support, delivered by GCU Trainee Psychologists.
    Making an Environmental Difference
    Renewable Parts Ltd and the University of Strathclyde’s collaboration applies circular economy principles within the wind turbine decommissioning process, promoting the refurbishment and remanufacturing of high-integrity, high-value parts within the wind energy sector, instead of being recycled and returned to raw materials or, worse still, landfill. This circularity approach will have a significant impact on the UK economy and net-zero targets.
    Multiparty Collaboration
    Winner:
    Medical Device Manufacturing Centre (MDMC) – Heriot-Watt University, the University of Edinburgh, the University of Glasgow, the University of Dundee, Robert Gordon University and over 170 medical device companies, to develop and commercialise innovative medical devices.
    Highly Commended:
    The Underwater Intervention for Offshore Renewable Energies (UNITE) project, a partnership between The National Robotarium, Heriot-Watt University, Imperial College London, Frontier Robotics and Fugro, is developing advanced AI and autonomous systems for undertaking remote inspections of offshore wind farms to offer a safe, efficient and sustainable solution for global energy providers.
    Place-based Impact sponsored by Business Gateway
    Winner:
    Digital Dairy Chain – Scotland’s Rural College (SRUC), the University of Strathclyde, the University of the West of Scotland, First Milk, Lactalis, NMR, SmartSTEMs, Kendal Nutricare, CENSIS and Cows & Co, is transforming the dairy sector across the South and West of Scotland and Cumbria. This partnership is driving innovation, enhancing productivity, and stimulating job creation, contributing to sustained economic growth in the region.
    Highly Commended:
    Control of Sheep Scab – Moredun Research Institute, Lewis and Harris Sheep Producers Association, The Old Mill Veterinary Practice, Scottish Government, The Crofters of Lewis & Harris, Lewis Crofters, Neil Fell Mobile Dipping Ltd, Zoetis Animal Health Ltd and Bimeda Ltd has developed a community-led approach to prevent and control sheep scab. This project demonstrates how a coordinated, collaborative effort can effectively prevent disease, improve sheep welfare and productivity, and rekindle a strong sense of community.
    Powerful Partnership sponsored by Skillfluence
    Vertebrate Antibodies-EpitogenX Ltd and the University of Aberdeen have developed transformative AI-powered diagnostics leveraging the innovative Epitogen® recombinant technology for diagnosing autoimmune and infectious diseases. This long-term collaboration has yielded world-first solutions, fostering global recognition, creating skilled talent, and driving economic and health advancements.
    Join the conversation on X at #SKEAwards and LinkedIn at @Interface.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Edinburgh Greens bring vote on Council rejecting Trump

    Source: Scottish Greens

    20 Mar 2025 External Affairs

    Donald Trump is not welcome in Scotland.

    More in External Affairs

    Edinburgh City Council has been urged to reject Donald Trump’s upcoming state visit, with a motion from the city’s Green councillors calling for members and officers to boycott any visit and ensure that no council budgets are used in hosting it.

    The motion, which will be debated today, condemns the US President’s “emerging fascist state” and calls for the Council to ensure that none of its resources are used to support a Trump visit in any way.

    Scottish Green councillor Alex Staniforth said:

    “Edinburgh is a welcoming and diverse city that stands with the communities being attacked by Donald Trump and the far right government that he leads.

    “Donald Trump has shown a total contempt for human rights, democracy and the rule of law. Our Council does not have the power to stop him from visiting Edinburgh, but we can ensure that he is not given the warm welcome he craves.

    “There are millions of people across the US and beyond who are frightened for their friends and family who are having their rights eroded or removed by this White House. Those are the people we are standing with.

    “We hope that all parties will join us in condemning the planned state visit and rejecting Donald Trump and the politics he represents.”

    Scottish Green Co-Leader Lorna Slater said:

    “Donald Trump is no friend of Edinburgh. He is a racist, misogynist with a contempt for human rights and democracy.

    “I hope that the Council will unite around this call by Edinburgh’s Green councillors and send a loud and clear message that Donald Trump is not welcome here.”

    Motion By Councillor Alex Staniforth – Edinburgh Does Not Welcome Donald Trump

    “Council:

    1. Notes that Donald Trump attempted to overturn the democratic result of the US election on 6th January 2021.
    2. Notes that since returning to the presidency Trump has used the power of the executive to prosecute crimes to influence Eric Adams, the mayor of New York; sacked federal workers simply for not being cis white men; pardoned those involved in the attempted Jan 6th coup; removed protections for trans people; cut USAID despite not having approval from Congress; held talks over Ukraine with Putin without inviting a representative from Ukraine; raised tariffs on Mexico and Canada and threatened the sovereignty of Canada and Greenland.
    3. Notes that there is every sign that Trump’s administration is an emerging fascist state with his special advisor Elon Musk performing Nazi salutes at his inauguration.
    4. Therefore resolves that Edinburgh Council – its officers and members – will not, in any official capacity, be involved in a Donald Trump or JD Vance visit to Edinburgh and will not use its resources to support such a visit in any way.”

    MIL OSI United Kingdom –

  • MIL-OSI Video: Fisheries Subsidies: Colombia’s acceptance

    Source: World Trade Organization – WTO (video statements)

    Colombia deposited its instrument of acceptance of the Agreement on Fisheries Subsidies on 19 March. Ambassador Mauricio Alberto Bustamante García presented Colombia’s instrument of acceptance to Director-General Ngozi Okonjo-Iweala.

    More:
    https://www.wto.org/english/news_e/news25_e/fish_19mar25_e.htm

    Download this video from the WTO website:
    https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

    https://www.youtube.com/watch?v=IlCjRW5w8ro

    MIL OSI Video –

  • MIL-OSI: Equinor presents 2024 Annual report

    Source: GlobeNewswire (MIL-OSI)

    Equinor ASA (OSE: EQNR, NYSE: EQNR) publishes annual report for 2024, including financial and sustainability reporting.

    “2024 was marked by continued unpredictability in energy markets, with growing energy demand, political uncertainty and uneven progress in the energy transition. Our focus is on producing the energy the world needs today, and at the same time developing the energy systems needed for the future,” says Anders Opedal, President and CEO of Equinor ASA.

    Safety

    “A systematic approach to safety over time is paying off with the best safety results to date in 2024. However, the year was marked by the fatal search and rescue (SAR) helicopter accident where we lost a dear colleague. We believe close collaboration with suppliers and shared learning in the industry is important for our continued safety improvement effort”, says Opedal.

    The twelve-month average Serious Incident Frequency (SIF) for 2024 was 0.3, down from 0.4 in 2023.

    Strong operational and financial performance

    Equinor delivered adjusted operating income* of USD 29.8 billion, and adjusted net income* of USD 9.18. Net operating income was reported at USD 30.9 billion and net income at USD 8.83 billion.

    “Our operational performance was strong, built on the dedicated efforts from employees across the company. Our role as a major supplier of energy to Europe is important and I am proud of the work we have done to provide energy security”, says Opedal.

    Strong operational performance across the portfolio contributed to an equity production of liquids and gas of 2,067 mboe per day in 2024, on par with the year before. Equity production of renewable power increased by 51% to 2,935 GWh.

    Strong financial result contributed to a return on average capital employed (RoACE)* at 21% for 2024. Capital discipline remained firm with organic capital expenditures* ending at USD 12.1 billion for the year. Equinor maintained a strong balance sheet with net debt to capital employed adjusted* of 11.9% at the end of 2024.

    The strong financial results of 2024 also led to strong contributions to society through taxes. In 2024, Equinor paid USD 20.6 billion in corporate income taxes of which USD 19.7 billion was paid in Norway, where Equinor has the largest share of its operations and earnings.

    Firm strategy and progressing industrial development

    “We have a consistent growth strategy, and our strategic direction remains firm. By adapting to market situation and opportunities, we are positioned for stronger free cash flow and growth, and set to create shareholder value for decades to come”, Opedal continues.

    Through progressing projects and portfolio shaping transactions Equinor spent 2024 high-grading the portfolio and positioning for stronger growth and cash flow.

    On the Norwegian continental shelf, the development of the portfolio continued with 39 new licences and approvals of the PDOs of Eirin, Irpa, Verdande and Andvare projects. The Johan Castberg FPSO arrived at the field and started preparations for startup.

    The international upstream portfolio was focused with the exits from our long-standing positions in Nigeria and Azerbaijan and deepened in core areas with the acquisitions of US Onshore gas assets close to premium markets. In the UK an agreement was signed to establish an incorporated joint venture with Shell UK Ltd., which will become the largest independent oil and gas company on the UK continental shelf.

    Through 2024 Equinor high-graded the renewables portfolio to ensure profitable growth, in a market challenged by cost inflation and regulatory delays. In the UK the world’s largest offshore wind farm, Dogger Bank, continued to progress towards commercial start-up. Production was commenced at the Mendubim solar plants in Brazil.

    The long-term view on the importance of offshore wind remains firm. Through an acquisition of a 10% stake in Ørsted, Equinor got exposure to a premium portfolio of offshore wind projects and assets in operation.

    Value chains for carbon transport and storage progressed notably. In Norway, Northern Lights, the first commercial CO2 transport and storage infrastructure was completed and is expected to receive and store CO2 in 2025. In the UK, execution started for two of UK’s first carbon capture and storage infrastructure projects where Equinor is a partner.

    Progress on the Energy transition plan

    In 2024, Equinor achieved a year-on-year reduction of 5% in operated scope 1+2 greenhouse gas emissions, bringing the total down to 11.0 million tonnes CO2 equivalents. This is a 34% reduction from 2015, which is the reference year for Equinor’s ambition to reduce group-wide operated emissions by 50% on a net basis by 2030. Throughout 2024, actions were taken for further emission reductions with the partial electrification of the Sleipner field center, the Gudrun platform, as well as the Troll B and C fields.

    The average upstream CO2 intensity of Equinor’s operated portfolio was 6.2 kg of CO2 per boe in 2024 (100% basis), an improvement from 6.7kg of CO2/boe in 2023 and well below the industry average. The scope 3 GHG emissions from use of our products were 251 million tonnes in 2024, on par with the level in 2023.

    Equinor improved in the net carbon intensity of energy produced (including scope 1, 2 and 3 emissions) in 2024, which is now 2% below the 2019 baseline. The reduction was mainly driven by increased renewable energy production and lower scope 1+2 emissions.

    Equinor ambition is to to be a leading company in the energy transition. The updated Energy Transition Plan, published on March 20 2025, outlines the approach to deliver on Equinor’s strategy of creating value in the transition, while adjusting to changing external context and market realities.

    ***

    The previously announced decision of the French Energy Regulatory Commission (CRE), includes a requirement for Equinor to publish the following summary language:

    “Les sociétés Danske Commodities A/S et Equinor ASA ont été condamnées, par une décision n° 08-40-23 de la Commission de régulation de l’énergie (CRE) du 20 janvier 2025, au titre de la méconnaissance de l’article 5 du règlement REMIT qui prohibe les manipulations de marché, au paiement de sanctions pécuniaires, dont les montants s’élèvent à huit millions d’euros (8.000.000 €) pour la société Danske Commodities A/S et quatre millions d’euros (4.000.000 €) pour la société Equinor ASA, pour des manipulations commises sur le marché de gros en 2019 et en 2020, en ce qui concerne les capacités de transport de gaz naturel entre la France et l’Espagne.

    Danske Commodities A/S and Equinor ASA were ordered by decision no. 08-40-23 of Commission de régulation de l’énergie (CRE) of 20 January 2025 to pay – for infringement of Article 5 of REMIT Regulation prohibiting market manipulations – financial penalties in the amount of eight million euros (€8,000,000) as regards Danske Commodities A/S and four million euros (€4,000,000) as regards Equinor ASA, for manipulations committed on the wholesale market in 2019 and 2020, with regard to natural gas transmission capacity between France and Spain.”

    The full decision is included in the attached appendix “Full decision text”. Equinor does not agree with the decision from CRE and will appeal the case to the Higher Administrative Court in France.

    * * *

    Our annual report and the subsidiary reports published separately can be downloaded from equinor.com/reports.

    * * *

    In accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual, Equinor ASA announces that on 20 March 2025 it filed with the Securities and Exchange Commission its 2024 Annual Report on Form 20-F that includes audited financial statements for the year ended December 31, 2024.

    The Equinor 2024 Annual Report on Form 20-F may be downloaded from Equinor’s website at www.equinor.com. References to this document or other documents on Equinor’s website are included as an aid to their location and are not incorporated by reference into this document. All SEC filings made available electronically by Equinor may be obtained from the SEC’s website at www.sec.gov.

    Shareholders may also request a hard copy of the annual report free of charge at www.equinor.com.

    * * *

    (*) These are non-GAAP figures. See Use and reconciliation of non-GAAP financial measures in the annual report for more details.

    Further information:

    Investor relations
    Bård Glad Pedersen, senior vice president Investor Relations,
    +47 51 99 00 00

    Press
    Rikke Høistad Sjøberg, media spokesperson financial communication,
    +47 901 01 451(mobile)

    * * *

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements reflect current views with respect to future events, are based on the management’s current expectations and assumptions, and are, by their nature, subject to significant risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by the forward-looking statements, including those discussed under “Risk Factors” in the 2024 Annual report and elsewhere in Equinor’s publications. You should not place undue reliance on forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, Equinor undertakes no obligation to update any of these statements, whether to make them conform to actual results, changes in expectations or otherwise.

    * * *

    This information is subject to disclosure obligations pursuant to the EU Market Abuse Regulation, ref. section 3-1 in the Norwegian Securities Trading Act, and section 5-12 of the Norwegian Securities Trading Act.

    Attachments

    The MIL Network –

  • MIL-OSI United Nations: 20 March 2025 News release Three cities honoured for public health achievements at 2025 Partnership for Healthy Cities Summit

    Source: World Health Organisation

    Today, during the annual Partnership for Healthy Cities Summit in Paris, three cities were recognized for their achievements in preventing noncommunicable diseases and injuries: Córdoba, Argentina; Fortaleza, Brazil; and Greater Manchester, United Kingdom of Great Britain and Northern Ireland. The Summit, co-hosted by Bloomberg Philanthropies, the World Health Organization (WHO), Vital Strategies, and the City of Paris, convened mayors and officials from 61 cities in the Partnership for Healthy Cities network to address pressing public health issues and share effective strategies for saving lives and building healthier communities at the local level.

    “Noncommunicable diseases, including heart disease, cancer, and diabetes, and injuries are responsible for more than 80% of all deaths globally, but the good news is, they are preventable,” said Michael R. Bloomberg, founder of Bloomberg L.P. and Bloomberg Philanthropies, WHO Global Ambassador for Noncommunicable Diseases and Injuries, and 108th mayor of New York City. “Cities are leading the way in implementing policies that are protecting public health and saving lives. This year’s winning cities are proving that progress is possible with strong leadership and political will, and we look forward to seeing the results of their efforts.”

    The recipients of the 2025 Partnership for Healthy Cities Awards were chosen because they have made demonstrable progress in preventing noncommunicable diseases and injuries, setting an example that can be replicated in other jurisdictions.

    All three winning cities are part of the Partnership’s Policy Accelerator, which provides training and support for drafting policies and establishing the political strategies needed to develop and enact them. These cities are working with the Partnership to improve public health in the following ways:

    • Córdoba, Argentina, passed a new policy committing the city to promoting healthy school food environments by eliminating sugary and artificially sweetened beverages and ultra-processed products from all schools by 2026. The program has benefited 26 schools to date, reaching 15 000 of the city’s 138 000 primary school children.
    • Fortaleza, Brazil, established the city’s first legal framework for air quality surveillance. The 2023 decree guarantees the local monitoring of air pollutants to estimate their impact on residents’ health, along with the installation of low-cost sensors to improve data collection. Reliable data will help inform city policies that can significantly reduce air pollution.
    • Greater Manchester, United Kingdom, expanded the number of outdoor smoke-free areas as part of efforts to reduce smoking, including opening its first smoke-free park, covering 6.5 acres of public space. Greater Manchester also conducted a series of community consultations and workshops with residents to help with decision-making; launched a smoke-free toolkit and communication guidance for National Health Service (NHS) hospitals and sites; and is scaling this initiative by developing a broader smoke-free spaces toolkit for other organizations and groups that want to create smoke-free spaces.

    “Cities are at the forefront of the fight against noncommunicable diseases and injuries. The progress made in Córdoba, Fortaleza, and Greater Manchester is not only improving health today but also setting a model for others to follow,” said WHO Director-General Dr Tedros Adhanom Ghebreyesus. “WHO is committed to working with cities to build healthier, safer and more resilient communities for all.”

    “Local leadership has emerged as a powerful force for addressing the complex challenges presented by noncommunicable diseases and injuries,” said Dr Mary-Ann Etiebet, President and CEO, Vital Strategies. “We applaud the work of city leaders around the globe in their efforts to create healthier, safer environments for their populations. Their efforts are having a significant impact on people’s lives and well-being, while also demonstrating to national governments that there is significant support for these policy solutions.”

    Launched in 2017, the Partnership for Healthy Cities is a global network of 74 cities working to prevent noncommunicable diseases and injuries. Supported by Bloomberg Philanthropies, in partnership with the World Health Organization and Vital Strategies, this initiative empowers cities worldwide to implement high-impact policy or programmatic interventions to reduce noncommunicable diseases and injuries in their communities. Through this network, city leaders are enacting transformative measures to improve the health of 300 million people across the globe.

    The mayors participating in the Partnership for Healthy Cities Summit include:

    • Mayor Carlos Fernando Galán, Bogotá, Colombia
    • Municipal Commissioner Palitha Nanayakkara, Colombo, Sri Lanka 
    • Intendant Daniel Passerini, Córdoba, Argentina
    • Honorable Administrator Mohammad Azaz, Dhaka, Bangladesh
    • Municipal President Verónica Delgadillo, Guadalajara, Mexico
    • Mayor Juhana Vartiainen, Helsinki, Finland
    • Mayor Erias Lukwago, Kampala, Uganda
    • Mayor Chilando Chitangala, Lusaka, Zambia
    • Intendant Mauricio Zunino, Montevideo, Uruguay
    • Mayor Anne Hidalgo, Paris, France
    • Mayor Pabel Muñoz López, Quito, Ecuador
    • Governor Claudio Benjamín Orrego Larraín, Santiago, Chile.

    About Bloomberg Philanthropies

    Bloomberg Philanthropies invests in 700 cities and 150 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on creating lasting change in five key areas: the arts, education, environment, government innovation, and public health. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg’s giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a philanthropic consultancy that advises cities around the world. In 2024, Bloomberg Philanthropies distributed US$ 3.7 billion. For more information, please visit bloomberg.org, sign up for ournewsletter, or follow us onInstagram,LinkedIn,YouTube,Threads,Facebook, and X.

    About the World Health Organization
    Dedicated to the well-being of all people and guided by science, the World Health Organization leads and champions global efforts to give everyone, everywhere an equal chance at a safe and healthy life. We are the UN agency for health that connects nations, partners and people on the front lines in 150+ locations – leading the world’s response to health emergencies, preventing disease, addressing the root causes of health issues and expanding access to medicines and health care. Our mission is to promote health, keep the world safe and serve the vulnerable. For more information, visit www.who.int and follow WHO on Twitter, Facebook, Instagram, LinkedIn, TikTok, Pinterest, YouTube.

    About Vital Strategies

    Vital Strategies believes every person should be protected by an equitable and effective public health system. We partner with governments, communities and organizations around the world to reimagine public health so that health is supported in all the places we live, work and play. The result is millions of people living longer, healthier lives. To find out more, please visit www.vitalstrategies.org or follow us on LinkedIn.

    Media Contacts

    Veronica Lewin, Bloomberg Philanthropies, veronical@bloomberg.org

    Erin Pallotta, Allison Worldwide, bloomberghealth@allisonworldwide.com

    Jaimie Guerra, World Health Organization, guerraja@who.int

    Christina Honeysett, Vital Strategies, choneysett@vitalstrategies.org

    MIL OSI United Nations News –

  • MIL-Evening Report: Nuclear free Pacific – back to the future, Earthwise talks to David Robie

    Report by Dr David Robie – Café Pacific. –

    Pacific Media Watch

    Earthwise presenters Lois and Martin Griffiths of Plains FM96.9 radio talk to Dr David Robie, editor of Asia Pacific Report, about heightened global fears of nuclear war as tensions have mounted since US President Donald Trump has returned to power.

    Dr Robie reminds us that New Zealanders once actively opposed nuclear testing in the Pacific.

    That spirit, that active opposition to nuclear testing, and to nuclear war must be revived.

    This is very timely as the Rainbow Warrior 3 is currently visiting the Marshall Islands this month to mark 40 years since the original RW took part in the relocation of Rongelap Islanders who suffered from US nuclear tests in the 1950s.

    After that humanitarian mission, the Rainbow Warrior was subsequently bombed by French secret agents in Auckland Harbour on 10 July 1985 shortly before it was due to sail to Moruroa Atoll to protest against nuclear testing.

    A new edition of Dr Robie’s book Eyes of Fire The Last Voyage of the Rainbow Warrior will be released this July. The Eyes of Fire microsite is here.

    Lois opens up by saying: “I fear that we live in disturbing times. I fear the possibility of nuclear war, I always have.

    “I remember the Cuban missiles crisis, a scary time. I remember campaigns for nuclear disarmament. Hopes that the United Nations could lead to a world of peace and justice.

    “Yet today one hears from our media, for world leaders . . . ‘No, no no. There will always be tyrants who want to destroy us and our democratic allies . . . more and bigger, deadlier weapons are needed to protect us . . .”

    Listen to the programme . . .


    Nuclear free Pacific . . . back to the future.    Video/audio: Plains FM96.9

    Broadcast: Plains Radio FM96.9

    Interviewee: Dr David Robie, deputy chair of the Asia Pacific Media Network (APMN) and a semiretired professor of Pacific journalism. He founded the Pacific Media Centre.
    Interviewers: Lois and Martin Griffiths, Earthwise programme

    Date: 14 March 2025 (27min), broadcast March 17.

    Youtube: Café Pacific: https://www.youtube.com/@cafepacific2023

    https://plainsfm.org.nz/

    Café Pacific: https://davidrobie.nz/

    This article was first published on Café Pacific.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: GlobalData Country Risk Index shows slight drop in Q4 2024

    Source: GlobalData

    The global economy stands at a crossroads, balancing trade policy uncertainty and geopolitical tensions against easing price pressures. The latter is supporting a revival in domestic demand and providing central banks with room for potential rate cuts. Against this backdrop, GlobalData, a leading data and analytics company, reports a slight drop in the GlobalData Country Risk Index (GCRI) from 55.6 in Q3 2024 to 55.0 in Q4 2024.

    GlobalData’s latest, “Global Risk Report Quarterly Update – Q4 2024,” highlights that the Americas and the Middle East and Africa (MEA) face high risk scores due to economic instability and geopolitical conflicts. The Asia-Pacific region, while risky, has a lower score than the Americas and MEA, buoyed by strong growth in emerging economies. In contrast, Europe is the least risky region, benefiting from a solid economic recovery and improved investment sentiment.

    Annapurna Pillutla, Economic Analyst at GlobalData, comments: “Global economic growth is projected to reach 3.1% in 2024, slightly down from 3.3% in 2023, reflecting both resilience and ongoing challenges. While the US economy continues to expand steadily, China’s real estate turmoil and potential US tariff hikes present key risks. Inflation remains above central bank targets in some regions, adding to the economic uncertainty. Growth in 2025 is expected to follow a similar trajectory, constrained by geopolitical tensions and policy unpredictability.”

    The Trump administration’s proposed tariffs are likely to disrupt the global supply chains and raise business costs. By 2025, these measures could reduce production efficiency and alter trade patterns as companies face higher prices for imported goods and raw materials.

    Europe – Steady recovery amid persistent challenges

    Europe continues to be the world’s least-risk region, with its risk score improving slightly from 41.4 in Q3 2024 to 41.0 in Q4 2024. The region’s economic recovery is marked by a gradual decline in inflation, improved labor markets, and supportive policy rate cuts by the ECB. However, geopolitical tensions, particularly involving Russia and Ukraine, along with political shifts to the far right, an aging population and labor shortages, present ongoing challenges. In the Q4 2024 GCRI update, Switzerland, Denmark, and Ireland were identified as the least risky countries, while Ukraine, Turkiye, and Belarus, faced the highest risks.

    Asia-Pacific – Resilience amidst geopolitical challenges

    The Asia-Pacific region’s risk score decreased from 54.0 in Q3 2024 to 53.4 in Q4 2024, indicating ongoing economic recovery. Projected to account for more than half of global growth in 2025, the region benefits from strong domestic demand and increased exports. However, risks persist due to geopolitical tensions in the South China Sea and economic slowdown in China. China’s stimulus measures may offset some impact of US tariffs, while easing inflation and resilient consumption in other emerging economies improve the outlook. Strong growth prospects in Vietnam, the Philippines, and Indonesia further enhance regional stability.

    In the Q4 2024 GCRI update, the highest-risk countries included Pakistan, Myanmar, and Bangladesh. Conversely, the countries with the lowest risk were Singapore, Taiwan (Province of China), and Hong Kong (China SAR).

    Americas – Risk decline amid economic gains and political shifts

    Americas’ risk score decreased slightly from 57.0 in Q3 2024 to 56.6 in Q4 2024, reflecting benefits from policy rate cuts and strong consumer spending, particularly in the US. However, high US debt and fiscal challenges in Latin America persist, alongside political instability marked by protests and governance issues. Donald Trump’s return to the presidency adds to the region’s volatility, potentially affecting economic strategies and stability.

    In the Q4 2024 GCRI update, Canada, the US, and Costa Rica were the least risky, while Haiti, Venezuela, and Argentina remained the highest-risk nations.

    MEA – Persistent risks amid geopolitical tensions

    The MEA regions risk score slightly decreased from 66.3 in Q3 2024 to 65.4 in Q4 2024, driven by growth in the non-oil sector. However, ongoing geopolitical conflicts, particularly in the Middle East, and humanitarian crises continue to pose significant challenges. Africa faces rising debt and natural disasters, exacerbating food insecurity and displacement. In the Q4 2024 GCRI update, Yemen, Syria, and Burundi were among the highest-risk nations globally, highlighting the region’s persistent instability.

    Pillutla concludes: “Geopolitical tensions, trade disruptions, and market volatility present significant challenges for both policymakers and investors. To effectively manage these risks, a sophisticated approach is necessary, emphasizing adaptation and diversification.”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis, and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology, and professional services sectors.

    MIL OSI – Submitted News –

  • MIL-OSI USA: Padilla, Schiff Invite EPA Head Zeldin to South Bay Wastewater Treatment Plant

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)
    WASHINGTON, D.C. — U.S. Senators Alex Padilla and Adam Schiff (both D-Calif.), along with Representatives Scott Peters (D-Calif.-50) and Juan Vargas (D-Calif.-52), invited Environmental Protection Agency (EPA) Administrator Lee Zeldin to visit San Diego’s South Bay International Wastewater Treatment Plant (SBITWP) to see firsthand the ongoing environmental and public health consequences of the cross-border Tijuana River sewage crisis on local communities.
    Administrator Zeldin recently expressed concern about the flow of sewage flowing across the border, posting about a briefing he received on the crisis and pushing Mexico to “honor its commitments to control this pollution and sewage.” The lawmakers wrote to ensure new EPA leadership fully understands the scope of this environmental catastrophe and their role in addressing the environmental and public health harms it causes.
    “As you know, decades of underinvestment in cross-border wastewater infrastructure have led to the flow of untreated sewage into San Diego,” wrote the lawmakers. “EPA served as an important advocate for this issue in the last Trump Administration and we hope the agency will continue to do so once again.”
    “Researchers have recently discovered that toxins and bacteria from the Tijuana River can be aerosolized, unveiling additional potential risks to the air quality in our communities. EPA, working with the International Boundary and Water Commission, will play a critical role in addressing these issues and helping the region recover from decades of pollution and environmental degradation,” continued the lawmakers.
    Since 2018, more than 100 billion gallons of toxic sewage, trash, and unmanaged stormwater have flowed across the United States-Mexico border into the Tijuana River Valley and neighboring communities, forcing long-lasting beach closures and causing harmful impacts on public health, the environment, and water quality. U.S. military personnel, border patrol agents, and the local economy have also suffered harmful impacts from airborne and waterborne transboundary sewage flows. In 2023, sewage flowed across the border at the highest volume in a quarter century, exceeding 44 billion gallons.
    The SBIWTP project broke ground in October 2024, and over the next five years, the SBIWTP will double in capacity, reducing transboundary flows by 90 percent. Importantly, Mexico’s rehabilitated San Antonio de los Buenos wastewater treatment plant is expected to be fully operational by Spring 2025, further reducing flows to California communities. 
    Senator Padilla has prioritized addressing the Tijuana River pollution crisis since he first came to the Senate. In response to a request from Padilla and the San Diego Congressional delegation, the Centers for Disease Control and Prevention (CDC) opened an investigation into the public health impacts of air pollution caused by the ongoing Tijuana River transboundary pollution crisis. Senator Padilla and the delegation also recently secured a $200 million authorization for the Tijuana River Valley Watershed and San Diego County through the Water Resources Development Act of 2024 to help address the ongoing transboundary sewage crisis through stormwater conveyance, environmental and ecosystem restoration, and water quality protection projects. They also delivered over $103 million in additional funding for the International Boundary and Water Commission (IBWC) in the bipartisan FY 2024 appropriations package. Padilla previously successfully secured language in the FY 2023 appropriations package to allow the EPA to unlock $300 million previously secured in the U.S.-Mexico-Canada Agreement to the IBWC for water infrastructure projects. Last year, Padilla and Representatives Peters and Vargas announced bicameral legislation to help combat the Tijuana River sewage pollution crisis.
    Full text of the letter is available here and below:
    Dear Administrator Zeldin,
    We would like to invite you to visit the South Bay International Wastewater Treatment Plant (SBIWTP) in the Tijuana River Valley and appreciate your interest in addressing the cross-border sewage crisis.
    As you know, decades of underinvestment in cross-border wastewater infrastructure have led to the flow of untreated sewage into San Diego. Since 2018, more than 100 billion gallons of toxic sewage, trash, and unmanaged stormwater have flowed across the United States-Mexico border into the Tijuana River Valley and neighboring communities, forcing long-lasting beach closures and negatively impacting the local economy, environment, and health of U.S. military and Homeland Security personnel. EPA served as an important advocate for this issue in the last Trump Administration and we hope the agency will continue to do so once again.
    While this wastewater pollution crisis is not new, it has intensified over the past two years. Researchers have recently discovered that toxins and bacteria from the Tijuana River can be aerosolized, unveiling additional potential risks to the air quality in our communities. EPA, working with the International Boundary and Water Commission, will play a critical role in addressing these issues and helping the region recover from decades of pollution and environmental degradation.
    We look forward to working with you on this important issue, and we hope to host you at SBIWTP so you can see first-hand the challenges confronting our region. Thank you for your attention to this matter.
    Sincerely,

    MIL OSI USA News –

  • MIL-OSI Economics: From Sydney Harbour to the Oscars: How the Galaxy S25 Series Launched Around the World

    Source: Samsung

    To introduce the Galaxy S25 series to the world, Samsung Electronics launched a series of bold and immersive marketing campaigns across key markets — each designed to showcase the flagship lineup’s AI-powered next-generation capabilities. From an interactive watercraft experience in Australia and a metro station rebrand in Chile to a laser show in Malaysia and an esports tournament in India, these activations brought the Galaxy S25 experience directly to consumers through dynamic and engaging events.
     
    Samsung Newsroom explores some of the standout campaigns that marked the arrival of the Galaxy S25 series worldwide.
     
     
    [Australia] Elevating Morning Commutes With the Galaxy Go Fleet
    
     
    In Australia, Samsung launched the Galaxy Go Fleet — a fleet of custom-branded watercraft that transformed daily commutes across Sydney Harbour and the Brisbane River into an interactive Galaxy S25 experience. Passengers on board had the opportunity to test key Galaxy AI features, including Now Brief and Audio Eraser, and experienced firsthand how the Galaxy S25 series helps them start and navigate their day with ease.
     
     
    [Peru] Introducing the Galaxy AI Train on Lima Metro’s Line 1

     

    View this post on Instagram

     
    A post shared by Samsung Perú (@samsungpe)

     
    Samsung Peru became the first tech company in Peru to rebrand a metro train by introducing the Galaxy AI Train on Lima Metro’s Line 1, a key transportation route serving over 500,000 passengers daily. In celebration of the Galaxy S25 series launch, passengers received exclusive metro cards and promotional goods — further enriching their unique transportation experience.
     
     
    [Chile] Transforming Tobalaba Metro Station and Illuminating Santiago’s Night Sky

     
    Samsung Chile made its mark in Santiago with two high-profile activations to celebrate the launch of the Galaxy S25 series. Tobalaba Metro Station, one of the city’s busiest transit hubs, was officially renamed “Galaxy AI” — immersing daily commuters in the Galaxy S25 experience.
     
    
     
    The celebrations continued with a spectacular drone light show where over 300 drones illuminated Santiago’s night sky with stunning visual arrangements alluding to Galaxy AI and the Galaxy S25 series. The synchronized performance mesmerized spectators, turning the city skyline into a dazzling tribute to Samsung’s latest mobile innovations.
     
     
    [United States] Bringing Stunt Action to the Oscars With Galaxy AI

     
    In the U.S., Samsung celebrated the Galaxy S25 Ultra during the 2025 Oscars with two high-energy ads featuring stunt performers — developed in collaboration with Disney Advertising, ArtClass Content, Empire Stunts, Kimmelot, Maximum Effort, More Media and Really Original. The campaign highlighted the Galaxy S25 Ultra’s advanced AI-powered video-editing capabilities such as Audio Eraser, a feature that removes unwanted background noise. By demonstrating how Galaxy AI enhances both professional filmmaking and everyday content creation, the initiative put stunt professionals in the spotlight — recognizing their contributions to the industry while showcasing Samsung’s state-of-the-art mobile technology.
     
     
    [United Kingdom] Celebrating Everyday Moments With a Personal Touch

     

    View this post on Instagram

     
    A post shared by Samsung UK (@samsunguk)

     
    Samsung U.K. embraced a more personal approach by highlighting how the Galaxy S25 Ultra enhances daily life. Through engaging social media content created in collaboration with Anaïs Gallagher and Molly Moorish-Gallagher, Samsung demonstrated the Auto Trim feature, which allows users to effortlessly edit their favorite video clips and even generate highlight reels. Additionally, the campaign illustrated how the Galaxy S25 Ultra, through the Now Brief feature, integrates itself into users’ bedtime routines by providing personalized updates and content — thereby helping them wind down more easily after a busy evening.
     
     
    [Malaysia] Lighting Up Kuala Lumpur With Fireworks and Laser Beams

     
    Samsung Malaysia celebrated the arrival of the Galaxy S25 series with spectacular fireworks and a laser show over the Merdeka 118 tower. In addition, Samsung hosted the Edit & Win contest — inviting participants to creatively edit a fireworks image using Galaxy AI’s many tools for a chance to win a Galaxy S25 Ultra.
     
     
    [Brazil] Capturing São Paulo From the Sky With the Galaxy S25 Ultra

     
    In Brazil, Samsung launched a unique experience at Sampa Sky, São Paulo’s highest observation deck accessible to the public. Suspended 150 meters above ground level, visitors had the opportunity to capture breathtaking views of the city skyline with unparalleled clarity and detail using the Galaxy S25 Ultra’s 200MP main camera and AI-enhanced 100x space zoom. The campaign also showcased Galaxy AI’s advanced editing tools, demonstrating how users can seamlessly refine and enhance their shots.
     
     
    [Italy] Pushing the Galaxy S25 Ultra to the Limit in the Dolomites
    
     
    Samsung Italy hosted the Galaxy Wintercamp in the Dolomites where nine athletes and creators spent three days pushing the Galaxy S25 Ultra to its limits in extreme alpine conditions. Participants used Now Brief to optimize their planning and employed the device’s 200MP camera and AI-enhanced photography tools to capture breathtaking ski descents, tricks and ice performances.
     
     
    [India] Taking Center Stage at the #PlayGalaxy Cup

     
    In India, Samsung hosted the third edition of the #PlayGalaxy Cup — one of the biggest esports events in the country. The tournament saw India’s top gamers compete against one another using the Galaxy S25 Ultra, allowing them to experience the device’s advanced display, next-level processing power and AI-driven gaming enhancements firsthand. Streamed live, the competition demonstrated how the Galaxy S25 series is designed to meet the demands of high-intensity gameplay while delivering a smooth, immersive experience.
     
     
    [Thailand] Bringing Star Power to the Launch in Bangkok

     
    Samsung Thailand celebrated the Galaxy S25 series launch with the Galaxy S25 | Here AI am Music Fest, a high-energy event featuring celebrities, influencers and fan activities. Attendees enjoyed interactive games with #TeamGalaxy stars and tested the latest Galaxy AI features. The night culminated in a blue carpet walk and an AI-powered concert where Galaxy AI helped curate the show with a blend of music, technology and entertainment.

    MIL OSI Economics –

  • MIL-Evening Report: Trump is ignoring the power of nationalism at his own peril

    Source: The Conversation (Au and NZ) – By David Smith, Associate Professor in American Politics and Foreign Policy, US Studies Centre, University of Sydney

    US President Donald Trump has exploited American nationalism as effectively as anyone in living memory. What sets him apart is his use of national humiliation as a political emotion. Any presidential candidate can talk their country up, but Trump knows how to talk his country down.

    Trump’s consistent message has been that American problems – trade deficits, job losses, illegal immigration, crime and even drug addiction – are the result of deliberate acts by other countries. The really humiliating part is that American politicians let it happen.

    Many Americans have welcomed Trump’s message that their country’s problems can be solved by reestablishing international dominance. They see this nationalist approach as an overdue corrective to the “globalist” foreign policies of the post-second world war era.

    But people in other countries also have feelings of national pride and aspire to be free from foreign domination. This should be obvious, but so far Trump is ignoring the power of nationalism in other countries even as he harnesses it in his own. This makes his foreign policy job a lot harder.

    How Canadians have rallied against Trump

    Take the example of Canada.

    When Trump was elected to his second term in November 2024, it seemed certain there would soon be a Canadian prime minister who was more aligned with him than Justin Trudeau. Trudeau’s unpopularity had dragged the Liberal Party down, and the populist Conservative leader Pierre Poilievre looked set to win the this year’s election.

    As he prepared for a trade war with Canada, Trump could have concentrated his fire on his enemies in the doomed Liberal government. Instead, he spent months insulting Canada’s national identity. He repeatedly said Canada should be the “51st state of the US”, calling Trudeau “governor”.

    Trump says ‘Canada was meant to be our 51st state’ in a Fox News interview.

    Americans can dismiss Trump’s talk of annexing Canada as a joke, but Canadians can’t. Regardless of whether Trump would ever follow through with attempting an annexation, his language is an attack on Canadian sovereignty. No one with any sense of national pride would tolerate it.

    An Angus Reid poll found the number of people saying they had a “deep emotional attachment” to Canada rose from 49% to 59% from December 2024 to February 2025. That emotional attachment is visible in everything from “buy Canadian” campaigns to Canadians booing the US national anthem at hockey games.

    The Liberals, under new leader Mark Carney, are also experiencing a remarkable bounce-back in the polls.

    Another Angus Reid poll shows that voting intention for the Liberals has surged from 16% in December to 42% now. They are now leading the Conservatives, who have 37% support. Some are now anticipating a snap election could be called in days.

    Ontario Premier Doug Ford, who has sometimes been likened to Trump, has also led a ferocious pro-Canadian resistance to American tariffs, getting his own re-election boost.

    Trump’s defenders often claim his chaotic bluster is simply a negotiating tactic, a way of spooking others into accepting terms more favourable to him. If so, this tactic is backfiring in Canada.

    Trade wars require sacrifices. Citizens must pay more for the sake of protecting their countries’ industries. Canadians seem a lot more willing to make that sacrifice than Americans, who are mostly confused that their friendly neighbour has suddenly been recast as an enemy.

    The importance of national identity

    Other countries have shown they will not cave easily, either, as Trump puts their national identity at stake.

    Demanding to buy another country’s territory, as Trump keeps doing with Greenland, a self-governing territory under Danish control, may be even more insulting than threatening to take it, as he keeps doing with Panama. Each time Greenlanders, Danes and Panamanians refuse Trump, his credibility erodes further.

    Trump talks about the territory of other countries in terms of “real estate”, even suggesting the United States should “redevelop” Gaza after evicting the Palestinians.

    But sovereign land is not real estate. In a world of nation-states defined by territory, even sparsely inhabited territory has “sacred value”. This is particularly true for peoples seeking statehood on their land.

    “Sacred values” are things people see as non-negotiable because they are linked to their sense of identity and moral order in the world. Researchers warn that offering money in exchange for sacred values is deeply offensive, and likely to harm, rather than help, negotiations.

    There is a reason why governments hardly ever sell their territory to other countries anymore. Empires may have done in this in the past, but not nations. They view their lands, and the people who live on them, as inalienable from the nation.

    Trump clearly doesn’t understand this concept. He has shown no empathy for Ukraine, a country whose territory actually has been invaded. He accused Ukrainian President Volodomyr Zelenskyy of wanting to prolong the war so he could “keep the gravy train going”, as if harvesting US aid dollars was the real reason Ukrainians were fighting for their country’s existence.

    Trump’s contempt for Ukraine, Canada, Greenland, Gaza, Denmark and Panama has reverberations far beyond these places. It signals that his brand of American nationalism has no place for anyone else’s national aspirations or sovereignty.

    This will not promote the deal-making Trump wants because no one trusts an unstable, imperial power to stick to its agreements. It would be painful for many countries to reduce their dependence on the United States, but it would be more painful to give away their national dignity.

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

    – ref. Trump is ignoring the power of nationalism at his own peril – https://theconversation.com/trump-is-ignoring-the-power-of-nationalism-at-his-own-peril-252299

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: Why sharing meals can make people happier – what evidence from 142 countries shows

    Source: The Conversation – UK – By Alberto Prati, Assistant Professor in Economics, UCL

    Sharing meals can contribute to feelings of happiness, a new report suggests. Ground picture/Shutterstock

    The importance of sharing meals is recognised across cultures, from the Jewish Shabbat meal to the fast-breaking Iftar meals during Ramadan. The known link between food and social relationships is ancient. The English word companion, the French copain (friend) and the Italian compagno (partner) come from the Latin cum and pānis – literally “with-bread”. The Chinese term for companion/partner (伙伴) stems from a similar term (火伴) which literally translates to “fire mate”, a reference to sharing meals over a campfire.

    But how important is eating together to our happiness? This is the question that I and my co-authors answer in the World Happiness Report 2025. In our new data and analysis we looked at the link between how often people share meals and whether they feel good about their lives and experience positive emotions. We also documented that there was a massive difference between countries and regions when it came to how often people shared meals.

    Comparing the statistics from the 2022-23 Gallup World Poll about sharing meals with standard measures of wellbeing, we found a significant, positive relationship in almost all regions. Not only do countries where meal sharing is more common tend to report higher levels of wellbeing, but this is true even when comparing people who live in the same country.

    The Gallup poll asked more than 150,000 people from 142 countries and territories how many lunches and dinners they shared with someone they know during the past week. The scores varied widely between regions.

    Latin Americans share approximately two-third of their meals, with residents of Paraguay, Ecuador and Colombia reporting an average of more than ten shared meals per week. At the bottom of the scale, there are relatively low levels of meal sharing in south and east Asian countries – in particular India, Pakistan, Bangladesh, Japan and South Korea, where people share less than one meal out of three, on average.

    While there is an association between sharing meals and wellbeing pretty much everywhere, this association is stronger in some regions than others. For instance, for a person who always dines alone in North America, Australia and New Zealand, the wellbeing benefit of starting to share most of their meals (eight or more times a week) in the life evaluation scale is big (the life evaluation scale is how people judge their life, with zero being the worst possible life and 10 being the best). This boost is equivalent to the effect of doubling their income.

    However, in Latin America, the Caribbean and sub-Saharan Africa, this effect is half as great and is essentially nil in south-east Asia. The reasons for this difference is as yet unclear.

    For social scientists, the frequency of sharing meals offers an indicator for social connectedness (the ways that people interact with and relate to one another). Unlike measures that capture people’s subjective feelings about social wellbeing, the number of shared meals gives us a concrete measure on which to base our analysis.

    While interpretations of friendship or perceptions of closeness may change over time or between countries, the number of meals shared with others does not.

    Meal sharing by region and age:

    Of course, those who share more meals can differ in many other aspects, but even when we take into account characteristics such as gender, age, income, living alone and people’s ability to meet basic needs for food, the relationship between sharing meals and wellbeing still holds strong.

    While the global data we used was only introduced in 2022, some countries have collected information on meal sharing for longer. In the United States, where the American Time Use Survey has been running for more than 20 years, we find clear evidence that with every passing year, Americans are dining alone more often, particularly young adults.

    Today, 18 to 24-year-olds in the US are 90% more likely to eat every meal alone on a given day than they were in 2003. We also find that Americans who eat at least one meal with others report higher levels of happiness and lower levels of stress, pain and sadness on that day.

    How meals sharing is linked to emotions in the US:

    From our data, we can’t tell how much of a wellbeing boost sharing an extra meal
    creates, and to what extent people share more meals because they are already happy, but it is reasonable to assume that it is not just the latter. This would reflect previous research which has shown the importance of social capital (networks of social connections which are conducive to a well-functioning society) and the positive benefits of in-person interactions.

    In a world where loneliness is increasingly recognised as a public health issue, rethinking how we gather around the table, and how often, could provide practical solutions to reduce social isolation and raise wellbeing.

    Institutions where people routinely eat their meals together can play a critical role on this front. The other side of the coin is the surge in working from home, which could raise levels of solitude.

    So, if you don’t have plans for lunch tomorrow, maybe this is the good moment to message someone you would like to spend more time with.

    Alberto Prati is affiliated with the Wellbeing Research Centre at the University of Oxford and the Centre for Economic Performance at the London School of Economics.

    – ref. Why sharing meals can make people happier – what evidence from 142 countries shows – https://theconversation.com/why-sharing-meals-can-make-people-happier-what-evidence-from-142-countries-shows-252352

    MIL OSI – Global Reports –

  • MIL-OSI USA: Shaheen Tours Furniture Manufacturer in Lisbon to Discuss Energy Efficiency Upgrades, Visits Mount Cabot Maple in Lancaster During Maple Month

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Lancaster, NH) – U.S. Senator Jeanne Shaheen (D-NH), Ranking Member of the U.S. Senate Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies, toured DCI Furniture in Lisbon to learn more about how the business is using federal funding to make energy efficiency upgrades. Later, Shaheen visited Mount Cabot Maple in Lancaster to celebrate Maple Month and hear about the challenges facing the Granite State’s maple industry. Photos from today’s events can be found here.

    In Lisbon, Shaheen visited DCI Furniture, a family-owned furniture manufacturing company, to learn more about how the business is using federal funding to install a new combined heat and power system that uses wood waste for fuel. The project will improve energy efficiency, decrease costs and reduce emissions at the facility.

    “Efficiency is the cheapest, fastest way to meet our energy needs, and DCI Furniture is a poster child for thinking about energy in a smart way,” said Senator Shaheen. “I was pleased to see firsthand how DCI is using federal funding that I’ve championed to make energy efficiency upgrades that will save money, reduce emissions and benefit the local forest-based economy—it’s just the kind of made-in-New Hampshire project we need to see more of.”

    The project has been awarded funding through programs Shaheen champions, including the U.S. Department of Agriculture’s (USDA) Rural Energy for America Program, the U.S. Forest Service’s Community Wood Grant program and Bipartisan Infrastructure Law funding from the U.S. Department of Energy. Shaheen was a lead negotiator of the Bipartisan Infrastructure Law, which made huge investments in energy efficiency, including $550 million for Industrial Research and Assessment Centers and assistance for small- and medium-sized manufacturers to implement efficiency upgrades based upon her longstanding bipartisan legislation with former U.S. Senator Rob Portman. Shaheen also helped introduce legislation to enhance the Forest Service’s Community Wood  Grant program that is providing funding for this project. 

    Later in Lancaster, Shaheen visited Mount Cabot Maple to hear more about how the farm has benefitted from federal funding from USDA Natural Resources Conservation Service and underscore the challenges facing the Granite State’s maple industry in the wake of the Trump Administration’s tariffs on Canada and Mexico and federal funding freeze.

    “Our maple syrup producers are an integral and delicious part of New Hampshire’s identity,” said Senator Shaheen. “It was great to visit Mount Cabot Maple today during Maple Month to tour the farm and learn more about how this North Country staple is weathering the impacts of Trump’s funding chaos and tariffs on Canada.”

    Shaheen co-leads the Market Access, Promotion and Landowner Education Support for Your Regionally Underserved Producers (MAPLE SYRUP) Act with Senator Chris Murphy (D-CT) to extend and expand the federal maple support program, which supports the U.S. maple syrup industry through research and education, natural resource sustainability and the marketing of maple syrup and maple-sap products.

    Shaheen has also been outspoken against the Trump Administration’s reckless tariffs on Canada and Mexico and chaotic funding freeze and cuts. Recently, Shaheen forced a vote in the Senate on her Protecting Americans from Tax Hikes on Imported Goods Act to limit the President’s ability to levy sweeping tariffs that increase costs for American consumers and families. Shaheen has also hosted a series of roundtables and discussions with Granite Staters to better understand and highlight the direct consequences of the Trump administration’s funding chaos and uncertainty. Following the Trump administration’s decision to freeze grants and loans disbursed by the federal government in January, Shaheen immediately condemned the move and spoke on the Senate floor against the decision to freeze federal grants and loans that families, seniors and small businesses rely on for critical, often life-saving services. 

    MIL OSI USA News –

  • MIL-OSI Russia: IMF Executive Board Concludes 2023 Article IV Consultation with El Salvador

    Source: IMF – News in Russian

    March 19, 2025

    Washington, DC: On March 20, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with El Salvador.

    Despite a series of adverse external shocks, the Salvadoran economy has fared relatively well to date, and is estimated to have grown by 2.8 percent in 2022. Annual inflation jumped to 7¼ percent, mainly due to high global food prices while fuel price inflation was moderated by large subsidies. Vulnerabilities mounted, with international reserves falling below 2 months of imports. In the context of limited financing options, the fiscal deficit narrowed to 2½ percent of GDP, but fiscal policy is expected to turn expansionary in 2023. Under current policies, public debt is on an unsustainable path. 

    The economy is expected to grow by 2.4 percent in 2023, but the outlook is fragile, given the macroeconomic imbalances and a less favorable international environment. A comprehensive and credible policy package is urgently needed to put public debt on a firmly declining path and strengthen macroeconomic and financial stability.

    Over a year after the adoption of Bitcoin as legal tender, its use has been minimal but risks for financial and market integrity, financial stability, and consumer protection remain and need to be addressed. 

    Executive Board Assessment[2]

    Executive Directors noted the strong post‑pandemic recovery supported by the authorities’ timely responses to shocks and the improved security situation. Pointing to the fragile outlook amid rising risks and vulnerabilities, Directors urged the authorities to adopt a comprehensive plan to address macroeconomic imbalances, including unsustainable public debt and limited reserve coverage, along with structural reforms to support stronger, inclusive growth.

    Directors welcomed recent fiscal efforts but underscored the urgent need for an ambitious fiscal consolidation plan, based on greater revenue mobilization and efficiency of spending, including better targeting energy subsidies and social safety nets and rightsizing the wage bill. This is critical to put public debt on a firm downward trajectory and allow a gradual return to international capital markets. Restoring and upgrading the Fiscal Responsibility Law would also improve the transparency and credibility of fiscal policy. Directors stressed the importance of ensuring the sustainability of the pension system to limit contingent liabilities.

    Directors noted that the banking system remains healthy but cautioned against rising exposures to the sovereign and the erosion of liquidity buffers. They called for raising banks’ reserve requirements, enacting promptly the Financial Stability Bill, closing regulatory gaps, and continuing to implement the 2020 Safeguards Assessment recommendations.

    Directors underscored the importance of narrowing the scope of the Bitcoin law and removing Bitcoin’s legal tender status. They noted that while Bitcoin has had a minimal impact on financial inclusion, high risks to financial integrity and stability, fiscal sustainability, and consumer protection persist. Directors urged that Bitcoin transactions be transparently disclosed, together with the financial statements of public companies operating in the Bitcoin ecosystem. They also called on the authorities to carefully weigh the implications of the new crypto assets legislation and avoid expanding government exposure to Bitcoin.

    Directors stressed the importance of structural reforms to strengthen governance, the investment climate and productivity. They called for continued efforts to strengthen fiscal transparency, public procurement, AML/CFT legislation, and the independence of the judicial system. Directors also stressed the importance of enhancing human capital, infrastructure, and climate resilience, as well as continuing to upgrade the statistical framework.

    El Salvador: Selected Economic Indicators

    I. Social Indicators

    		  

    Per capita income (U.S. dollars, 2021)

    4,408

    		  

    Population (million, 2021)

    6.5

    		  

    Percent of pop. below poverty line (2021)

    24.6

    		  

    Gini index (2019)

    		  

    39

    		  
                     

    II. Economic Indicators (percent of GDP, unless otherwise indicated)

    		  
     
               

    Proj.

    		  

    2018

    2019

    2020

    2021

    2022

    2023

    2024

    		  
                     

    Income and Prices

    		                

    Real GDP growth (percent)

    2.4

    2.4

    -8.2

    10.3

    2.8

    2.4

    1.9

    		  

    Consumer price inflation (average, percent)

    1.1

    0.1

    -0.4

    3.5

    7.2

    4.1

    2.1

    		  

    Terms of trade (percent change)

    -3.9

    1.7

    4.8

    -7.6

    -1.6

    5.0

    0.7

    		  

    Sovereign bond spread (basis points)

    424

    453

    760

    837

    1,485

    …

    …

    		  
                     

    Money and Credit

    		                

    Credit to the private sector

    57.3

    59.1

    66.3

    61.8

    63.1

    61.2

    60.0

    		  

    Broad money

    54.8

    59.1

    70.4

    61.5

    58.5

    58.5

    60.5

    		  

    Interest rate (time deposits, percent)

    4.2

    4.3

    4.1

    3.9

    …

    …

    …

    		  
                     

    External Sector

    		                

    Current account balance 

    -3.3

    -0.4

    0.8

    -5.1

    -8.3

    -5.4

    -5.3

    		  

    Trade balance

    -21.7

    -21.2

    -21.0

    -28.6

    -31.4

    -27.5

    -27.4

    		  

    Transfers (net)

    20.6

    21.0

    24.4

    25.9

    24.0

    22.9

    22.4

    		  

    Foreign direct investment

    -3.2

    -2.4

    -1.1

    -1.1

    -0.2

    -1.6

    -2.2

    		  

    Gross international reserves (mill. of US$)

    3,569

    4,446

    3,083

    3,426

    2,440

    2,798

    3,382

    		  
                     

    Nonfinancial Public Sector

    		                

    Overall balance

    -2.7

    -3.1

    -8.2

    -5.6

    -2.5

    -3.4

    -3.4

    		  

    Primary balance

    0.9

    0.6

    -3.8

    -1.1

    2.2

    0.3

    0.4

    		  

    Of which: tax revenue

    18.0

    17.7

    18.5

    20.1

    20.3

    19.0

    19.0

    		  

    Public sector debt 1/

    70.4

    71.3

    89.4

    82.4

    77.2

    76.1

    78.3

    		  
                     

    National Savings and Investment

    		                

    Gross domestic investment

    18.4

    18.3

    18.9

    22.2

    20.7

    19.8

    19.4

    		  

    Private sector 2/

    15.7

    15.9

    16.9

    19.6

    18.8

    17.4

    17.1

    		  

    National savings

    15.1

    17.9

    19.8

    17.1

    12.4

    14.5

    14.2

    		  

    Private sector

    14.7

    18.0

    25.4

    19.5

    12.8

    14.9

    14.9

    		  
                     

    Net Foreign Assets of the Financial System

    		                

    Millions of U.S. dollars

    2,655

    3,372

    3,618

    3,022

    1,114

    1,227

    1,400

    		  
                     

    Memorandum Items

    		                

    Nominal GDP (billions of US$)

    26.0

    26.9

    24.6

    28.7

    31.6

    33.7

    35.1

    		  
                     

    Sources: Central Reserve Bank of El Salvador, Ministry of Finance, and IMF staff estimates.

    		  

    1/ Gross debt of the nonfinancial public sector.

    		  

    2/ Includes inventories.

    		  

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summing up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Meera Louis

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/03/19/pr25069-el-salvador-imf-executive-board-concludes-2023-article-iv-consultation-with-el-salvador

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Security: Illicit Massage Parlor Operators Sentenced

    Source: Office of United States Attorneys

    Shaoping Wen and her son, Xu Wang, were sentenced on March 18, 2025, for their roles in operating massage parlors that operated as fronts for commercial sex operations, announced Acting U.S. Attorney for the Northern District of Texas Chad E. Meacham.

    In September 2024, Wen, 65, and Wang, 42, were indicted by a federal grand jury in Lubbock, Texas, for conspiracy to commit interstate travel and use of interstate facilities in aid of racketeering enterprises and other offenses related to the operation of illicit massage parlors in Texas and New Mexico and money laundering.   According to court documents, Wen owned and operated at least seven massage parlors where Asian women engaged in illegal commercial sex. Wang operated the parlors on Wen’s behalf when Wen was out of state.

    Shaoping Wen pled guilty to conspiracy to commit interstate travel and use of interstate facilities in aid of racketeering enterprises in November 2024.  She was sentenced to 12 months and 1 day in federal prison by U.S. District Judge Matthew J. Kacsmaryk, to be followed by a one-year term of supervised release.  Wen was also ordered to forfeit $291,990.88 in U.S. currency and pay a money judgment of $1,771,360 to the United States.  

    Xu Wang pled guilty to misprision of a felony in November 2024 and was sentenced by Judge Kacsmaryk to time served (362 days), to be followed by a one-year term of supervised release.

    Court documents revealed that, on at least 10 occasions between June 2023 and February 2024, undercover officers purchased massages for varying dollar amounts at Wen’s parlors in Texas and New Mexico.  The officers were generally greeted by lingerie-clad women who agreed to have sex with them for an additional fee of between $140 and $200.  Several of the women used translation apps to negotiate for sexual services. When the women were arrested for prostitution, they identified themselves as Chinese citizens and listed their occupation as simply, “laborer.”  On several occasions, Wen or Wang facilitated payment of the arrested women’s cash bond.

    Officers also observed Wen’s vehicle transporting Asian females directly from the airport to her massage parlors. Neighbors said the women never left the building. Searches of the premises revealed beds placed on the floors, suggesting the women lived at the massage parlors.

    On at least one occasion, a passerby heard a woman screaming and entered the parlor to check-in.  He reported seeing three women between the ages of 30 and 50 dressed in provocative clothing.

    Officers found the massage parlors advertised on sites often used to advertise for commercial sex. The ads included photos of partially naked women and promoted “100% sexy” girls who “like to spend time with nice upscale gentlemen.”  They advertised the “girlfriend experience,” “porn star experience,” and “fantasy outfits on request.”  Prostitution is illegal in Texas and New Mexico.

    In March 2024, Wen’s seven illicit massage parlors were searched.  During the search, law enforcement located further evidence that the women were residing in the parlors, as well as condoms and other items indicative of sexual activity, and approximately $291,990.88 in U.S. currency. Casino records revealed that Wen frequently traveled to California to launder the proceeds of her illicit massage parlor businesses.  From between January 2018 and August 2023, Wen cashed out approximately $1,771,360 in chips from the casino.

    The Federal Bureau of Investigation’s Dallas Field Office – Lubbock Resident Agency, Homeland Security Investigation’s Dallas Field Office, the Texas Department of Public Safety, and the Lubbock Police Department conducted the investigation with the assistance of the FBI’s Albuquerque Field Office, HSI’s Albuquerque Field Office, the Lubbock County Sheriff’s Office, Immigration & Customs Enforcement (ICE), the Wolfforth Police Department, the Eddy County Sheriff’s Office, the Carlsbad Police Department, the Roswell Police Department, the Clovis Police Department, the Roswell Fire Department, the Carlsbad Fire Department, the Lubbock County District Attorney’s Office, and the U.S. Attorney’s Office for the District of New Mexico. Assistant U.S. Attorney Callie Woolam prosecuted the case. 
     

    MIL Security OSI –

  • MIL-OSI Security: High-Ranking MS-13 Leader Arraigned in Long Island Federal Court on Terrorism and Racketeering Charges After His Arrest in Mexico

    Source: Office of United States Attorneys

    Defendant, Who Was Added to the FBI’s Ten Most Wanted Fugitives List in February, Was a Founding Member of the Transnational Criminal Organization’s Ranfla en las Calles Leadership Structure

    CENTRAL ISLIP, NY – Earlier today, in federal court in Central Islip, Francisco Javier Roman-Bardales, also known as “Veterano de Tribus,” a high-ranking leader of La Mara Salvatrucha, also known as “MS-13,” was arraigned on a four-count indictment charging him, along with a dozen other high-ranking MS-13 leaders, with directing the transnational criminal organization’s unlawful activities in the United States, El Salvador, Mexico, and elsewhere over the past two decades.  Roman-Bardales, who had been a fugitive for nearly three years and was added to the Federal Bureau of Investigation (FBI) Ten Most Wanted Fugitives List last month, was arrested by the FBI on March 18, 2025 at the San Ysidro Port of Entry in San Diego, California.  Roman-Bardales had been located and arrested by Mexican authorities in Veracruz on March 17, 2025, and after it was determined that he was an El Salvadoran citizen with no valid status in Mexico, he was expelled from Mexico.  Roman-Bardales is charged with racketeering conspiracy, conspiracy to provide and conceal material support and resources to terrorists, narco-terrorism conspiracy, and alien smuggling conspiracy.  Today’s proceeding was held before United States District Judge Joan M. Azrack.  Roman-Bardales was ordered detained pending trial in the Eastern District of New York.

    Pamela Bondi, United States Attorney General, John J. Durham, United States Attorney for the Eastern District of New York and Leslie Backschies, Acting Assistant Director in Charge, FBI, New York Field Office, announced the arraignment.

    “MS-13 is a terrorist organization and this case reflects the Department of Justice’s ironclad commitment to putting terrorists behind bars,” stated Attorney General Bondi.  “Members of MS-13 and similar groups should live in fear knowing that we will hunt them down, prosecute them, and deliver swift American justice for their heinous crimes.”

    “The prosecution in the Eastern District of New York of this international fugitive, who is one of the most senior leaders of the MS-13 in the world, is another momentous step in the dismantling of this evil criminal enterprise, whose bloodshed and reign of terror traverses all boundaries,” stated United States Attorney Durham.  “Thanks to the relentless and brave work of United States law enforcement, he will soon face reckoning in a courtroom on Long Island where his transnational criminal organization has impacted so many communities.”

    Mr. Durham expressed his appreciation to the Suffolk County Police Department, Homeland Security Investigations, San Diego (HSI), the FBI’s San Diego Field Office and the Government of Mexico for their assistance.

    “FBI Ten Most Wanted Fugitive Roman-Bardales has been extradited to the United States to be held accountable for the extreme and depraved violence and terror his leadership of MS-13 allegedly brought to the streets of the United States and across North America,” stated FBI Acting Assistant Director in Charge Backschies.  “The FBI, along with our law enforcement partners are committed to eradicating MS-13 and all violent transnational criminal organizations wherever they operate as we protect our nation.”

    As set forth in court filings, Roman-Bardales and his co-defendants are part of MS-13’s command and control structure, consisting of the Ranfla Nacional, Ranfla en Las Calles, and Ranfla en Los Penales.  They exercise significant leadership roles in the organization’s operations in El Salvador, Mexico, the United States, and throughout the world.  Roman-Bardales was himself a founding member of the Ranfla en las Calles and oversaw the “Western Zone” of MS-13 in El Salvador.  In the related case of United States v. Henriquez, et al., a grand jury in the Eastern District of New York previously indicted 14 members of the Ranfla Nacional, who functioned as MS-13’s “Board of Directors.” Formal extradition requests have been submitted by the United States and remain pending for 11 of those defendants who either are or were in custody in El Salvador.

    As further alleged, the defendants have engaged in a litany of violent terrorist activities aimed at influencing the policies of the government of El Salvador (GOES) and at obtaining benefits and concessions from GOES; targeting GOES law enforcement and military officials; employing terrorist tactics such as the use of Improvised Explosive Devices (IEDs) and grenades; operating military-style training camps for firearms and explosives; using public displays of violence to intimidate civilian populations; using violence to obtain and control territory; and manipulating the electoral process in El Salvador.

    Further, these defendants authorized and directed violence in the United States, Mexico, and elsewhere as part of a concerted effort to expand MS-13’s influence and territorial control.  As the leaders of the MS-13 transnational criminal organization, these defendants were an integral part of the leadership chain responsible for supervising MS-13 cliques in the United States that engaged in extreme violence, including countless murders, attempted murders, assaults, and related offenses.  For example, the U.S. Attorney’s Office for the Eastern District of New York has prosecuted hundreds of MS-13 leaders, members, and associates for carrying out more than 80 murders in the Eastern District of New York between 2009 and the present.

    Several of these defendants, including Roman-Bardales, coordinated MS-13’s expansion into Mexico (the Mexico Program), at the direction of the Ranfla Nacional, which was a coordinated effort to maintain MS-13’s continuity of operations in response to law enforcement pressure previously exerted by the United States and GOES.  Additionally, Roman-Bardales and the Mexico Program forged alliances with Mexican cartels, and engaged in narcotics trafficking, immigrant smuggling, extortion, kidnappings, and weapons trafficking.  As alleged in the indictment, the MS-13’s Mexico Program murdered some migrants bound for the United States, including suspected members of the rival 18th Street gang and MS-13 members attempting to flee MS-13 in El Salvador without permission.  Drug trafficking was an important part of MS-13’s moneymaking operation, especially in Mexico, and the defendants used MS-13’s large membership in the United States to generate financial support for MS-13’s terrorist activities in El Salvador.

    This case was brought by Joint Task Force Vulcan (JTFV), which was created to combat MS-13 and comprised of U.S. Attorney’s Offices across the country, including the Eastern District of New York; the Eastern District of Texas; the Southern District of New York; the District of Massachusetts; the District of New Jersey; the Northern District of Ohio; the District of Utah; the Southern District of Florida; the Eastern District of Virginia; the Southern District of California; the District of Nevada; the District of Alaska; and the District of Columbia, as well as the Department of Justice’s National Security Division and the Criminal Division.  Additionally, the FBI; HSI; the U.S. Drug Enforcement Administration; the Bureau of Alcohol, Tobacco, Firearms and Explosives; the United States Marshals Service; the U.S. Bureau of Prisons; and the United States Agency for International Development, Office of Inspector General have been essential law enforcement partners and spearheaded JTFV’s investigations.

    This case is part of Operation Take Back America and an Organized Crime Drug Enforcement Task Force (OCDETF) operation.  Operation Take Back America is a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations, and protect our communities from the perpetrators of violent crime.  Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    The charges in the indictment are allegations and the defendant is presumed innocent unless and until proven guilty.  If convicted of the charges, Roman-Bardales faces up to life in prison or the possibility of the death penalty.

    The government’s case is being handled by the Criminal Section of the Office’s Long Island Division and as part of the work of the Office’s Transnational Criminal Organizations Strike Force.  Assistant United States  Attorneys Justina L. Geraci, Paul G. Scotti, and Megan E. Farrell are in charge of the prosecution, with assistance from Paralegal Specialist Kerryanne Ucci and Automated Litigation Specialist Michael Compitello. 

    The Defendant:

    FRANCISCO JAVIER ROMAN-BARDALES (also known as “Veterano de Tribus”)
    Age: 47
    Ahuachapán, El Salvador and Veracruz, Mexico

    E.D.N.Y. Docket No. 22-CR-429 (JMA)

    MIL Security OSI –

  • MIL-OSI United Nations: Women Champion Environmental Justice, Biodiversity, Commission Hears

    Source: United Nations 4

    In an interactive dialogue on environmental conservation, protection and rehabilitation, the Commission on the Status of Women today heard from speakers who called on Governments to bridge the gap between policy and practice and empower Indigenous women and other marginalized groups in a world where progress is “being slashed by anti-rights actors that are in the league with fossil-fuel industries and tech billionaires”.

    The Commission’s two-week annual session has centered on accelerating the implementation of the Platform for Action adopted at the 1995 World Conference on Women in Beijing, where world leaders pledged to achieve gender equality and uphold women’s rights.  Today’s panel discussion centred on cultivating a coordinated response to the triple planetary crisis — climate change, biodiversity loss and pollution — while emphasizing the need to reinvigorate efforts to achieve the Sustainable Development Goals (SDGs).  Another dialogue was held on peaceful and inclusive societies.

    Lorena Aguilar, Executive Director at Kaschak Institute for Social Justice for Women and Girls at Binghamton University in New York, said that the discussion will centre on the key barriers Indigenous women face in securing land and resource rights, exploring how Governments and non-State actors, including academia, civil society and international organizations, can more effectively support Indigenous communities in overcoming these challenges.  Speakers will also examine the disconnect between policy and practice, particularly the obstacles preventing young women from pursuing education and careers in fields that foster their meaningful participation in the green and blue economies.  Looking ahead to 2030, she said, the dialogue will showcase best practices and scalable strategies that align the Beijing Platform for Action with the SDGs, advancing gender-responsive climate and environmental action.

    Exclusion of Women from Green, Blue Economies

    Manasiti Omar, Founder and Executive Director of Spring of the Arid and Semi-Arid Lands, said that, as a young Indigenous woman who has personally encountered the barriers hindering young women’s participation in the green and blue economies, she knows that the promise of a just transition will remain unfulfilled if powerful obstacles persist.  Too often, young women especially those from Indigenous, rural and marginalized communities struggle to access education, employment and leadership opportunities in climate and environmental action.  “The reality is a system designed to exclude young women,” she said.  On paper, many Governments have policies promoting environmental education, technical training and gender inclusion, yet these commitments rarely translate into real, tangible opportunities.  Structural inequalities, financial constraints, cultural biases and a lack of mentorship or institutional support create layers of exclusion that prevent young women from fully engaging in the green and blue economies.  It is important to dismantle these barriers, bridge the gap between policy and practice, and create pathways that empower young women to lead in climate and environmental action.  “I have seen first hand that, when young women are given the right opportunities, we don’t just participate, we transform entire communities, but we cannot do it alone,” she said.

    Need to Address Structural Inequalities

    Astrid Puentes Riaño, United Nations Special Rapporteur on the human right to a clean, healthy and sustainable environment, said that she is the first woman to serve as a UN Rapporteur and the first person from the Global South in this role, covering not only the environment, but also climate, toxins and water.  “This is the kind of changes, of course, that we need,” she added.  However, true progress isn’t about checking boxes; it requires a systematic and sustained approach to breaking barriers that have historically excluded women, particularly those from marginalized and Indigenous communities.  Looking ahead to 2030 and beyond, she said it is essential to ensure that policies promoting gender inclusion in environmental governance translate into real opportunities.  This means addressing structural inequalities, ensuring access to education and leadership roles, and creating pathways for women to actively participate in shaping climate and environmental action.  The need for expertise-driven, inclusive leadership is more critical than ever, and only by dismantling these barriers can truly create a just and sustainable future.  “Women and girls in marginalized situations are not only victims; we are also key actors for change,” she stressed.

    Hopes Slashed by Anti-Rights Actors

    “I am angry at what is happening in the world today,” said Sascha Gabizon, Executive Director of Women Engage for a Common Future and Co-Facilitator of the Women’s Major Group on SDGs.  She recalled working in Beijing at the fourth World Conference on Women 30 years ago.  “We had so much hope that we could make this world a better place,” she added, emphasizing:  “But, unfortunately, our work is being slashed by anti-rights actors that are in the league with fossil-fuel industries and tech billionaires that are clearly only interested in their own profit.”   Authoritarian regimes are trying to silence and criminalize climate activists and women environmental rights defenders.  In the Caucasus, where she works, the Government has rolled back gender equality laws and institutions and silenced feminist and civil society organizations through what they call foreign agent laws, a tactic which is spreading also now in other countries.  Half of the CO2 emissions come from only 36 fossil-fuel corporations annually, she noted.  Each year, $700 billion go into subsidies for fossil fuels.  “That is where we should be cutting,” she said, adding that “billionaires produce more carbon in 90 minutes than each of you in your entire life”.  She urged the need to continue to mobilize and collectively organize, to engage in policy processes, “to claim our seats, to go on strikes, to go onto the streets and to implement gender just solutions on the ground”.

    Solar Farming

    Valbona Mazreku, Founder and Director of Milieukontakt Albania, said that integrating gender-responsive policies into climate adaptation is crucial.  Over 50 per cent of rural women in Albania are engaged in agriculture, yet they have limited access to resources and technology, and “only 8 per cent of agricultural land is owned by women”, restricting their ability to make sustainable land-use decisions.  Highlighting the high cost of water, she said her organization worked with a group of farmers from a small village in south-east Albania to develop Piskova Solar Farming, a renewable energy cooperative.  It also created a curriculum on renewable energy aimed at young people “to influence women’s career aspirations in the energy sector”, she said.  Noting that the organization’s trainers and experts are women, she said:  “We not only break down gender stereotypes, but also prepare the next generation for participation in the green economy.”  Women should not just be seen as victims of climate change, but as key agents of change, she said, calling on UN-Women to partner with local organizations.

    Fisherwomen ‘Guardians of Local Biodiversity’

    Yuli Velásquez, Director of the Federation of Artisanal, Environmental and Tourist Fishermen of Santander, Colombia, speaking via video, said that, while her fishing community is male dominated, it is the fisherwomen of the Federation who serve as guardians of local biodiversity.  They are on the front lines of fighting for environmental justice, she said, highlighting several examples, including their work gathering evidence about water pollution in the Magdalene River.  Highlighting the crucial role of “community water monitoring”, she said:  “We are now learning how to do so with technical tools and instruments,” to facilitate this data-collection.  Women in her community who spoke out against corruption have received threats. “We have spoken out robustly,” she said, but due to prevailing impunity, the cases are often closed.  This demonstrates the need for stronger State institutions to ensure investigation and prosecution of crimes against social and environmental activists.

    __________

    * The 16th meeting was not covered.

    MIL OSI United Nations News –

  • MIL-OSI Asia-Pac: India-Latin America & Caribbean (LAC) partnership holds immense potential for economic and trade expansion: Shri PiyushGoyal

    Source: Government of India (2)

    Posted On: 19 MAR 2025 10:16PM by PIB Delhi

    Union Minister of Commerce & Industry, Shri Piyush Goyal highlighted thatthere remains significant untapped potential for economic and trade expansion.Shri Goyal, addressed the 10th CII India-LAC Conclave today at New Delhi, emphasizing the growing importance of India’s economic engagement with the Latin American and Caribbean (LAC) region.

    He said, the India-LAC partnership is not just about business but also about cultural exchanges, shared traditions, and a collective commitment to preserving heritage. He noted that the passion for festivals, sporting spirit, and rich histories of both regions provide a strong foundation for enhanced economic collaboration. He underscored that the conclave serves as an excellent platform for fostering enduring economic ties and deeper people-to-people connections between the two regions.

    He called for ambitious targets, aiming to double trade volumes in the next five years by focusing on sectors such as engineering, healthcare, renewable energy, critical minerals, tourism, agriculture, gems and jewelry, and digital services.

    Shri Goyal outlined several key areas for deeper cooperation, including trade expansion through preferential trade agreements with MERCOSUR and bilateral agreements where necessary. He emphasized the need for collaboration in renewable energy, highlighting the LAC region’s vast lithium reserves and proposing joint ventures in lithium processing, battery manufacturing, and electric mobility. He also pointed to India-Brazil cooperation in biofuels and the potential for ethanol-powered vehicles. Agriculture and food security were also identified as crucial areas of partnership, with India and the LAC region complementing each other’s needs through investments in climate-resilient agriculture, post-harvest storage, cold chain logistics, and value-added food processing. Additionally, Shri Goyal stressed the importance of improving trade infrastructure through enhanced shipping routes, direct air connectivity, and digitalizing customs procedures to streamline market access. He called for expanding sectoral engagement beyond traditional industries, urging collaboration in pharmaceuticals, artificial intelligence, digital public infrastructure, and high-end manufacturing.

    Shri Goyal acknowledged the global economic slowdown and supply chain disruptions but emphasized that India remains committed to strengthening economic ties with the LAC region. He urged governments, businesses, and institutions to seize emerging opportunities and move beyond incremental progress toward transformative growth.

    In conclusion, Shri Goyal reaffirmed India’s commitment to fostering a dynamic and mutually beneficial partnership with the LAC region, built on trust, cooperation, and shared prosperity.

    ***

    Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas

    (Release ID: 2113110) Visitor Counter : 40

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: Sampson County Illegal Alien Caught with 30 Kilograms and 9 Firearms Sentenced to 17 Years in Prison

    Source: Office of United States Attorneys

    RALEIGH, N.C. – A man from Sampson County was sentenced today to 17 years in prison after he was caught with 30 kilograms of drugs and 9 firearms. On November 7, 2024, Antonio Tamoya Mondragon pled guilty to his charges.

    According to court documents and other information presented in court, Mondragon, age 45, was born in Mexico and illegally entered the United States. Mondragon started distributing drugs as early as 2008. Law enforcement began investigating Mondragon in 2019 and conducted controlled purchases of pure methamphetamine from him on three occasions.

    The investigation culminated in a traffic stop with follow-on search warrants on April 18, 2023. On that day, law enforcement was conducting early morning surveillance at Mondragon’s house. Mondragon and others appeared to be transferring packages into a car.  In a traffic stop, law enforcement found just under 9 kilograms of cocaine hidden in the car’s headliner. As the traffic stop was executed, law enforcement observed a flurry of activity back at Mondragon’s house followed by a second car departing. This car was later searched. Inside was 7 kilograms of fentanyl, 9 kilograms of cocaine, 2 kilograms of heroin, 144 grams of methamphetamine, and a drug ledger. The car also had 8 guns inside with ammunition. Law enforcement then searched Mondragon’s house and seized $28,881 in cash and another gun. Subsequent interviews and investigation made clear that the drugs, guns, and cash all belonged to Mondragon.

    Daniel P. Bubar, Acting U.S. Attorney for the Eastern District of North Carolina made the announcement after sentencing by U.S. District Judge James C. Dever III. The DEA, Sampson County Sherriff’s Office, and SBI investigated the case and Assistant U.S. Attorney Tyler Lemons  prosecuted the case.

    Related court documents and information can be found on the website of the U.S. District Court for the Eastern District of North Carolina or on PACER by searching for Case No. 7:24-CR-040.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Human Smuggling Foot Guide Convicted of 2 Counts by Federal Jury in Del Rio

    Source: Office of United States Attorneys

    DEL RIO, Texas – A federal jury in Del Rio convicted Nicacio Arellano-Garcia today for one count of conspiracy to transport illegal aliens and one count of illegal alien transportation placing lives in jeopardy.

    According to court documents and evidence presented at trial, Arellano-Garcia, 34, of Mexico, conspired to transport five illegal aliens with codefendant Alexander Galvez-Zelaya, 30, of Honduras, and other facilitators. Arellano-Garcia served as the foot guide, while Galvez-Zelaya was the driver.

    Arellano-Garcia walked the five illegal aliens through the brush for two days. One of the illegal aliens fainted just before getting picked up by Galvez-Zelaya and, at some point before or entering the vehicle, the alien died. A medical examiner later confirmed the deceased illegal alien died from a combination of dehydration and environmental exposure to walking in the brush.

    On Feb. 11, 2024, the illegal aliens and the foot guide were picked up in the vehicle driven by Galvez-Zelaya. A high speed chase with law enforcement ensued when a Zavala County Sheriff’s Office deputy attempted to conduct a traffic stop for defective license plate lighting. Galvez-Zelaya exceeded speeds of 100 miles per hour and crashed into a private property fence near La Pryor. Both Arellano-Garcia and Galvez-Zelaya were arrested and confirmed to be illegally present in the United States.

    Galvez-Zelaya pleaded guilty Nov. 4, 2024 to one count of conspiracy to transport aliens placing lives in jeopardy and is scheduled to be sentenced May 28. Both defendants face up to 20 years in federal prison for each count.

    Acting U.S. Attorney Margaret Leachman for the Western District of Texas made the announcement.

    Homeland Security Investigations is investigating the case.

    Assistant U.S. Attorneys Warsame Galaydh and Matt Kass are prosecuting the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    ###

    MIL Security OSI –

  • MIL-OSI: TWFG Announces Fourth Quarter 2024 and Full Year Results

    Source: GlobeNewswire (MIL-OSI)

    – Total Revenues increased 30.8% for the quarter over the prior year period to $51.7 million –
    – Total Written Premium increased 20.0% for the quarter over the prior year period to $361.4 million –
    – Organic Revenue Growth Rate* of 20.5% for the quarter –
    – Diluted Earnings Per Share and Adjusted Diluted Earnings Per Share* of $0.11 and $0.19 for the quarter, respectively –
    – Adjusted EBITDA* increased 91.7% for the quarter over the prior year period to $13.8 million –

    THE WOODLANDS, Texas, March 19, 2025 (GLOBE NEWSWIRE) — TWFG, Inc. (“TWFG”, the “Company” or “we”) (NASDAQ: TWFG), a high-growth insurance distribution company, today announced results for the fourth quarter and the full year ended December 31, 2024.

    Fourth Quarter 2024 Highlights

    • Total revenues for the quarter increased 30.8% to $51.7 million, compared to $39.6 million in the prior year period
    • Net income for the quarter was $8.2 million, compared to $5.2 million in the prior year period
    • Commission income for the quarter increased 20.7% to $43.7 million, compared to $36.2 million in the prior year period
    • Contingent income for the quarter increased 371.4% to $5.0 million, compared to $1.1 million in the prior year period
    • Total Written Premium for the quarter increased 20.0% to $361.4 million, compared to $301.4 million in the prior year period
    • Organic Revenue Growth Rate* for the quarter was 20.5%
    • Adjusted Net Income* for the quarter increased 57.0% from the prior year period to $10.5 million, and Adjusted Net Income Margin* for the quarter was 20.3%
    • Adjusted EBITDA* for the quarter increased 91.7% over the prior year period to $13.8 million, and Adjusted EBITDA Margin* for the quarter was to 26.8% compared to 18.3% in the prior year period
    • Cash flow from operating activities for the quarter was $11.6 million, compared to $6.1 million in the prior year period
    • Adjusted Free Cash Flow* for the quarter was $5.7 million, compared to $6.0 million in the same prior year period

    Full Year 2024 Highlights

    • Total revenues for the year increased 18.4% to $203.8 million, compared to $172.0 million in the prior year period
    • Net income for the year was $28.6 million, compared to $26.1 million in the prior year period
    • Commission income for the year increased 15.4% to $183.2 million, compared to $158.7 million in the prior year period
    • Contingent income for the year increased 113.5% to $8.7 million, compared to $4.1 million in the prior year period
    • Total Written Premium for the year increased 18.3% to $1.5 billion, compared to $1.2 billion in the prior year period
    • Organic Revenue Growth Rate* for the year was 14.5%
    • Adjusted Net Income* for the year increased 9.8% from the prior year period to $33.0 million, and Adjusted Net Income Margin* for the year was 16.2%
    • Adjusted EBITDA* for the year increased 44.7% over the prior year period to $45.3 million, and Adjusted EBITDA Margin* for the year was 22.3% compared to 18.2% in the prior year period
    • Cash flow from operating activities for the year was $40.5 million, compared to $30.2 million in the prior year period
    • Adjusted Free Cash Flow* for the year was $28.2 million, compared to $19.7 million in the prior year period

    *Organic Revenue Growth Rate, Adjusted Net Income, Adjusted Net Income Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow and Adjusted Diluted Earnings Per Share are non-GAAP measures. Reconciliations of Organic Revenue Growth Rate to total revenue growth rate, Adjusted Net Income and Adjusted EBITDA to net income, Adjusted Diluted Earnings Per Share to diluted earnings per share, and Adjusted Free Cash Flow to cash flow from operating activities, the most directly comparable financial measures presented in accordance with GAAP, are outlined in the reconciliation table accompanying this release.

    Gordy Bunch, Founder, Chairman, and CEO said “Our fourth quarter results demonstrate the continued success of our agents, carriers, employees, and business model with total revenues increasing by 30.8% over the prior year period and Adjusted EBITDA increasing by 91.7%. We generated 20.5% of organic growth and increased our Adjusted EBITDA Margin to 26.8%.

    In addition, our fourth quarter recruiting efforts continued to outpace our historical growth trends. Our continued expansion throughout the US was fueled by both recruitment of start-up agencies and strategic acquisitions in the following states Colorado, Connecticut, Idaho, Indiana, Missouri, Nevada, New Mexico, Oregon, South Carolina, South Dakota, Tennessee, Utah, Vermont, Washington and Wyoming.

    Finally, I want to remind our fellow stockholders that experienced agents typically take between two to three years to become productive. We do not expect the 100-plus new branches we launched in 2024 to have a significant impact on revenues this year or next, but over the long term we expect the agents onboarded in 2024 to contribute meaningfully to our longer-term organic growth.”

    Fourth Quarter 2024 Results

    For the fourth quarter of 2024, Total Written Premium was $361.4 million, a 20.0% increase compared to the same period in the prior year. Revenues were $51.7 million, an increase of 30.8% compared to the same period in the prior year. Organic Revenues, a non-GAAP measure that excludes contingent income, fee income, and other income, for the fourth quarter of 2024 were $43.6 million compared to $34.8 million in the same period in the prior year. Organic Revenue Growth Rate in the fourth quarter was 20.5%, driven by strong new business growth, moderating retention levels, rate increases and an uptick in new business growth with one of our MGA programs.

    Total commission expense for the fourth quarter of 2024 was $28.9 million, a 11.2% increase from $26.0 million in the same period in the prior year. Commission expenses increased primarily due to the growth in the business, partially offset by the conversion of nine branches to corporate branches, which transitioned our non-employee commission-based colleagues to employees. Upon conversion, these corporate branch employees received salaries, employee benefits, and bonuses for services rendered instead of commissions. Salaries and employee benefits for the fourth quarter of 2024 were $7.7 million, up 97.8% from $3.9 million in the same period in the prior year. Approximately $1.0 million of the increase was due to equity compensation expense, while $3.0 million of the increase was due to the branch conversions and 2023 corporate branch acquisitions, along with the growth in the business. Other administrative expenses for the fourth quarter of 2024 were $5.0 million, a 69.9% increase compared to the same period in the prior year. The increase was due to growth in the business, increase in corporate branches and the absorption of public company costs.

    For the fourth quarter of 2024, net income was $8.2 million, and net income margin was 15.8%, compared to net income of $5.2 million and net income margin of 13.2%, in the same period in the prior year. Adjusted Net Income for the fourth quarter of 2024 was $10.5 million, compared to $6.7 million in the same period in the prior year. Adjusted Net Income Margin for the fourth quarter was 20.3%, compared to 16.9% in the same period in the prior year.

    Adjusted EBITDA for the fourth quarter was $13.8 million, an increase of 91.7% over the same period in the prior year. Our Adjusted EBITDA Margin was 26.8% in the fourth quarter of 2024 compared to 18.3% in the same period in the prior year.

    Cash flow from operating activities for the fourth quarter was $11.6 million, compared to $6.1 million in the same period in the prior year.

    Adjusted Free Cash Flow for the fourth quarter of 2024 was $5.7 million, compared to $6.0 million in the same period in the prior year.

    Liquidity and Capital Resources

    As of December 31, 2024, the Company had cash and cash equivalents of $195.8 million. We had $50.0 million unused capacity on our revolving credit facility of $50.0 million as of December 31, 2024. The total outstanding term notes payable balance was $5.9 million as of December 31, 2024.

    2025 Outlook

    Our guidance for the full year 2025 is as follows:

    • Organic Revenue Growth rate* for the full year 2025 is expected to be in the range of 11% to 16%
    • Adjusted EBITDA Margin* for the full year 2025 is expected to be in the range of 19% to 21%
    • Total revenues are expected to be between $235 million and $250 million

    The Company is unable to provide a reconciliation to the most directly comparable GAAP measures without unreasonable efforts due to the inherent difficulty in forecasting the timing of items that have not yet occurred, as well as quantifying certain amounts that are necessary for such reconciliation.

    *For a definition of Organic Revenue Growth rate and Adjusted EBITDA Margin, see “Non-GAAP Financial Measures” below.

    2025 Acquisitions

    We began 2025 acquiring two new corporate locations in Ohio and Texas. The new locations are in line with our acquisition expectations for revenue and EBITDA. Our robust pipeline provides us many quality acquisition targets to achieve the remainder of our 2025 M&A goals. Our M&A models included beginning 2025 with acquiring $3 million of revenues and $0.7 million of EBITDA with an additional $20 million of revenue and $5 million of EBITDA being acquired with a mid-year convention.

    Conference Call Information

    TWFG will host a conference call and webcast tomorrow at 10:00 AM ET to discuss these results.

    To access the call by phone, participants should register at this link, where they will be provided with the dial in details. A live webcast of the conference call will also be available on TWFG’s investor relations website at investors.twfg.com. A webcast replay of the call will be available at investors.twfg.com for one year following the call.

    About TWFG

    TWFG (NASDAQ: TWFG) is a high-growth, independent distribution platform for personal and commercial insurance in the United States and represents hundreds of insurance carriers that underwrite personal lines and commercial lines risks. For more information, please visit twfg.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. All statements, other than statements of historical fact included in this release, are forward-looking statements. Forward-looking statements give our current expectations relating to our financial condition, results of operations, plans, objectives, future performance, and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “outlook,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, our anticipated growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including those factors discussed under the captions entitled “Risk factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our prospectus (the “IPO Prospectus”) relating to our Registration Statement on Form S-1, as amended (Registration No. 333-280439), filed with the U.S. Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended, and in our other filings with the SEC. You should specifically consider the numerous risks outlined under “Risk factors” in the IPO Prospectus.

    Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Non-GAAP Financial Measures and Key Performance Indicators

    Non-GAAP Financial Measures

    Organic Revenue, Organic Revenue Growth, Adjusted Net Income, Adjusted Net Income Margin, Adjusted Diluted Earnings Per Share, Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted Free Cash Flow included in this release are not measures of financial performance in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and should not be considered substitutes for GAAP measures, including revenues (for Organic Revenue and Organic Revenue Growth), net income (for Adjusted Net Income, Adjusted Net Income Margin, Adjusted EBITDA and Adjusted EBITDA Margin) diluted earnings per share (Adjusted Diluted Earnings Per Share), and cash flow from operating activities (for Adjusted Free Cash Flow) which we consider to be the most directly comparable GAAP measures. These non-GAAP financial measures have limitations as analytical tools, and when assessing our operating performance, you should not consider these non-GAAP financial measures in isolation or as substitutes for revenues, net income, operating cash flow or other consolidated financial statement data prepared in accordance with GAAP. Other companies may calculate any or all of these non-GAAP financial measures differently than we do, limiting their usefulness as comparative measures.

    Organic Revenue. Organic Revenue is total revenue (the most directly comparable GAAP measure) for the relevant period, excluding contingent income, fee income, other income and those revenues generated from acquired businesses with over $0.5 million in annualized revenue that have not reached the twelve-month owned milestone.

    Organic Revenue Growth. Organic Revenue Growth is the change in Organic Revenue period-to-period, with prior period results adjusted to include revenues that were excluded in the prior period because the relevant acquired businesses had not reached the twelve-month-owned milestone but have reached the twelve-month owned milestone in the current period. We believe Organic Revenue Growth is an appropriate measure of operating performance because it eliminates the impact of acquisitions, which affects the comparability of results from period to period.

    Adjusted Net Income. Adjusted Net Income is a supplemental measure of our performance and is defined as net income (the most directly comparable GAAP measure) before amortization, non-recurring or non-operating income and expenses, including equity-based compensation, adjusted to assume a single class of stock (Class A) and assuming noncontrolling interests do not exist. We believe Adjusted Net Income is a useful measure because it adjusts for the after-tax impact of significant one-time, non-recurring items and eliminates the impact of any transactions that do not directly affect what management considers to be our ongoing operating performance in the period. These adjustments generally eliminate the effects of certain items that may vary from company to company for reasons unrelated to overall operating performance.

    We are subject to U.S. federal income taxes, in addition to state, and local taxes, with respect to our allocable share of any net taxable income of TWFG Holding Company, LLC. Adjusted Net Income pre-IPO did not reflect adjustments for income taxes since TWFG Holding Company, LLC is a limited liability company and is classified as a partnership for U.S. federal income tax purposes. Post-IPO, the calculation incorporates the impact of federal and state statutory tax rates on 100% of our adjusted pre-tax income as if the Company owned 100% of TWFG Holding Company, LLC.

    Adjusted Net Income Margin. Adjusted Net Income Margin is Adjusted Net Income divided by total revenues. We believe that Adjusted Net Income Margin is a useful measurement of operating profitability for the same reasons we find Adjusted Net Income useful and also because it provides a period-to-period comparison of our after-tax operating performance.

    Adjusted Diluted Earnings Per Share. Adjusted Diluted Earnings Per Share is Adjusted Net Income divided by diluted shares outstanding after adjusting for the effect of (i) the exchange of 100% of the outstanding Class B common stock of the Company (the “Class B Common Stock”) and Class C common stock of the Company (the “Class C Common Stock”) (together with the related limited liability units in TWFG Holding Company, LLC (the “LLC Units”)) into shares of Class A common stock of the Company (“Class A Common Stock”) and (ii) the vesting of 100% of the unvested equity awards and exchange into shares of Class A Common Stock. This measure does not deduct earnings related to the noncontrolling interests in TWFG Holding Company, LLC for the period prior to July 19, 2024, when we did not own 100% of the business. The most directly comparable GAAP financial metric is diluted earnings per share. We believe Adjusted Diluted Earnings Per Share may be useful to an investor in evaluating our operating performance and efficiency because this measure is widely used by investors to measure a company’s operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company depending upon acquisition activity and capital structure. This measure also eliminates the impact of expenses that do not relate to core business performance, among other factors.

    Adjusted EBITDA. Adjusted EBITDA is a supplemental measure of our performance and is defined as EBITDA adjusted to reflect items such as equity-based compensation, interest income, other non-operating and certain nonrecurring items. EBITDA is defined as net income (the most directly comparable GAAP measure) before interest, income taxes, depreciation, and amortization. We believe that Adjusted EBITDA is an appropriate measure of operating performance because it adjusts for significant one-time, non-recurring items and eliminates the ongoing accounting effects of certain capital spending and acquisitions, such as depreciation and amortization, that do not directly affect what management considers to be our ongoing operating performance in the period. These adjustments eliminate the effects of certain items that may vary from company to company for reasons unrelated to overall operating performance. Our measure of Adjusted EBITDA is not necessarily comparable to other similarly titled captions of other companies due to potential inconsistencies in the methods of calculation.

    Adjusted EBITDA Margin. Adjusted EBITDA Margin is Adjusted EBITDA divided by total revenue. We believe that Adjusted EBITDA Margin is a useful measurement of operating profitability for the same reasons we find Adjusted EBITDA useful and also because it provides a period-to-period comparison of our operating performance.

    Adjusted Free Cash Flow. Adjusted Free Cash Flow is a supplemental measure of our performance. We define Adjusted Free Cash Flow as cash flow from operating activities (the most directly comparable GAAP measure) less cash payments for tax distributions, purchases of property, plant, and equipment and acquisition-related costs. We believe Adjusted Free Cash Flow is a useful measure of operating performance because it represents the cash flow from the business that is within our discretion to direct to activities including investments, debt repayment, and returning capital to stockholders.

    The reconciliation of the above non-GAAP measures to their most comparable GAAP financial measure is outlined in the reconciliation table accompanying this release.

    Key Performance Indicators

    Total Written Premium. Total Written Premium represents, for any reported period, the total amount of current premium (net of cancellation) placed with insurance carriers. We utilize Total Written Premium as a key performance indicator when planning, monitoring, and evaluating our performance. We believe Total Written Premium is a useful metric because it is the underlying driver of the majority of our revenue.

    Contacts
    Investor Contact:
    Gene Padgett, CAO for TWFG
    Email: gene.padgett@twfg.com

    PR Contact:
    Alex Bunch, CMO for TWFG
    Email: alex@twfg.com

    Consolidated Statements of Income (Unaudited)
    (Amounts in thousands, except share and per share data)

      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
      2024   2023   2024   2023
    Revenues              
    Commission income(1) $ 43,711   $ 36,228     $ 183,158   $ 158,679  
    Contingent income   5,005     1,062       8,722     4,085  
    Fee income(2)   2,751     1,968       10,562     8,311  
    Other income   276     313       1,318     968  
    Total revenues   51,743     39,571       203,760     172,043  
    Expenses              
    Commission expense   28,915     25,994       118,086     116,847  
    Salaries and employee benefits   7,663     3,874       29,064     13,970  
    Other administrative expenses(3)   4,978     2,930       16,665     10,973  
    Depreciation and amortization   3,054     1,522       12,020     4,862  
    Total operating expenses   44,610     34,320       175,835     146,652  
    Operating income   7,133     5,251       27,925     25,391  
    Interest expense   98     450       2,223     1,003  
    Interest income   2,174     421       4,376     891  
    Other non-operating income (expense), net   1     (7 )     9     (17 )
    Income before tax   9,210     5,215       30,087     25,262  
    Income tax expense   1,057     —       1,495     —  
    Net income from continuing operations   8,153     5,215       28,592     25,262  
    Net income from discontinued operation, net of tax   —     —       —     834  
    Net income   8,153     5,215       28,592     26,096  
    Less: net income attributable to noncontrolling interests   6,561     5,215       25,847     26,096  
    Net income attributable to TWFG, Inc. $ 1,592   $ —     $ 2,745   $ —  
                   
    Weighted average shares of common stock outstanding:              
    Basic   14,811,874         14,772,115    
    Diluted   15,056,430         14,982,409    
    Earnings per share:              
    Basic $ 0.11       $ 0.19    
    Diluted $ 0.11       $ 0.19    
     

    (1) Commission income – related party of $3,562 and $1,139 for the three months ended and $9,609 and $4,203 for the twelve months ended December 31, 2024 and 2023, respectively
    (2) Fee income – related party of $905 and $335 for the three months ended and $2,704 and $1,593 for the twelve months ended December 31, 2024 and 2023, respectively
    (3) Other administrative expenses – related party of $326 and $145 for the three months ended and $1,478 and $415 for the twelve months ended December 31, 2024 and 2023, respectively

    Consolidated Balance Sheets (Unaudited)
    (Amounts in thousands, except share/unit data)

      December 31, 2024   December 31, 2023
    Assets
    		      
    Current assets
    		      
    Cash and cash equivalents $ 195,772   $ 39,297
    Restricted cash   9,551     7,171
    Commissions receivable, net   27,067     19,082
    Accounts receivable   7,839     5,982
    Deferred offering costs   —     2,025
    Other current assets   1,619     1,551
    Total current assets   241,848     75,108
    Non-current assets
    		      
    Intangible assets, net   72,978     36,436
    Property and equipment, net   3,499     597
    Lease right-of-use assets, net   4,493     2,459
    Other non-current assets   610     837
    Total assets $ 323,428   $ 115,437
           
    Liabilities and Equity
    		      
    Current liabilities
    		      
    Commissions payable $ 13,848   $ 12,487
    Carrier liabilities   12,392     8,731
    Operating lease liabilities, current   1,013     882
    Short-term bank debt   1,912     2,437
    Deferred acquisition payable, current   601     5,369
    Other current liabilities   9,851     5,006
    Total current liabilities   39,617     34,912
    Non-current liabilities
    		      
    Operating lease liabilities, net of current portion   3,372     1,518
    Long-term bank debt   4,007     46,919
    Deferred acquisition payable, non-current   1,122     1,037
    Other non-current liabilities   24     —
    Total liabilities   48,142     84,386
    Commitment and contingencies      
    Stockholders’/Members’ Equity
    		      
    Members’ Equity (631,750 common units issued and outstanding at December 31, 2023)   —     632
    Class A common stock ($0.01 par value per share – 300,000,000 authorized, 14,811,874 shares issued and outstanding at December 31, 2024)   148     —
    Class B common stock ($0.00001 par value per share – 100,000,000 authorized, 7,277,651 shares issued and outstanding at December 31, 2024)   —     —
    Class C common stock ($0.00001 par value per share – 100,000,000 authorized, 33,893,810 shares issued and outstanding at December 31, 2024)   —     —
    Additional paid-in capital   58,365     25,114
    Retained earnings   15,288     4,805
    Accumulated other comprehensive income   83     500
    Total stockholders’ equity attributable to TWFG, Inc. /members’ equity   73,884     31,051
    Noncontrolling interests   201,402     —
    Total stockholders’/members’ equity   275,286     31,051
      Total liabilities and equity $ 323,428   $ 115,437
             
     

    Non-GAAP Financial Measures

    A reconciliation of Organic Revenue and Organic Revenue Growth Rate to Total Revenue and Total Revenue Growth Rate, the most directly comparable GAAP measures, is as follows (in thousands):

      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
        2024       2023       2024       2023  
    Total revenues $ 51,743     $ 39,571     $ 203,760     $ 172,043  
    Acquisition adjustments(1)   (105 )     (1,405 )     (3,687 )     (4,052 )
    Contingent income   (5,005 )     (1,062 )     (8,722 )     (4,085 )
    Fee income   (2,751 )     (1,968 )     (10,562 )     (8,311 )
    Other income   (276 )     (313 )     (1,318 )     (968 )
    Organic Revenue $ 43,606     $ 34,823     $ 179,471     $ 154,627  
    Organic Revenue Growth(2) $ 7,429     $ 2,527     $ 22,746     $ 15,514  
    Total Revenue Growth Rate(3)   30.8 %     7.3 %     18.4 %     11.8 %
    Organic Revenue Growth Rate(2)   20.5 %     7.8 %     14.5 %     11.2 %
                   
     

    (1) Represents revenues generated from the acquired businesses during the first 12 months following an acquisition.
    (2) Organic Revenue for the three months ended December 31, 2023 and 2022, and for the twelve months ended December 31, 2023 and 2022, used to calculate Organic Revenue Growth for the three months ended December 31, 2024 and 2023, and for the twelve months ended December 31, 2024 and 2023, was $36.2 million, $32.3 million, $156.7 million and $139.1 million, respectively, which is adjusted to reflect revenues from acquired businesses with over $0.5 million in annualized revenue that reached the twelve-month owned mark during the year ended December 31, 2024 and 2023, respectively. Organic Revenue Growth Rate represents the period-to-period change in Organic Revenue divided by the total adjusted Organic Revenue in the prior period.
    (3) Represents the period-to-period change in total revenues divided by the total revenues in the prior period.

    Applying the use of enhanced data consistently throughout the prior periods, revenue growth rate for the three months ended and twelve months ended December 31, 2023 compared to the same period in 2022 would have been 9.9% and 14.9%, respectively, and Organic Revenue Growth Rate for the three months ended and twelve months ended December 31, 2023 compared to the same period in 2022 would have been 10.7% and 14.5%, respectively.

    A reconciliation of Adjusted Net Income and Adjusted Net Income Margin to Net Income and Net Income Margin, the most directly comparable GAAP measures, for each of the periods indicated is as follows (in thousands):

    Revised Calculation Methodology Applied to Current Period
      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
        2024       2023       2024       2023  
    Total revenues $ 51,743     $ 39,571     $ 203,760     $ 172,043  
    Net income $ 8,153     $ 5,215     $ 28,592     $ 26,096  
    Income tax expense   1,057       —       1,495       —  
    Acquisition-related expenses   20       36       20       204  
    Restructuring and related expenses   —       —       —       17  
    Discontinued operation income   —       —       —       (834 )
    Equity-based compensation   1,207       —       2,219       —  
    Other non-recurring items(1)   257       —       (1,220 )     —  
    Amortization expense   2,950       1,451       11,721       4,594  
    Adjusted income before income taxes   13,644       6,702       42,827       30,077  
    Adjusted income tax expense(2)   (3,123 )     —       (9,802 )     —  
    Adjusted Net Income $ 10,521     $ 6,702     $ 33,025     $ 30,077  
    Net Income Margin   15.8 %     13.2 %     14.0 %     15.2 %
    Adjusted Net Income Margin   20.3 %     16.9 %     16.2 %     17.5 %
                   
     
    Legacy Calculation Methodology Applied to Current Period
      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
        2024       2023       2024       2023  
    Total revenues $ 51,743     $ 39,571     $ 203,760     $ 172,043  
    Net income $ 8,153     $ 5,215     $ 28,592     $ 26,096  
    Income tax expense   1,057       —       1,495       —  
    Acquisition-related expenses   20       36       20       204  
    Restructuring and related expenses   —       —       —       17  
    Discontinued operation income   —       —       —       (834 )
    Equity-based compensation   1,207       —       2,219       —  
    Other non-recurring items(1)   257       —       (1,220 )     —  
    Adjusted income before income taxes   10,694       5,251       31,106       25,483  
    Adjusted income tax expense(2)   (2,447 )     —       (7,119 )     —  
    Adjusted Net Income $ 8,247     $ 5,251     $ 23,987     $ 25,483  
    Net Income Margin   15.8 %     13.2 %     14.0 %     15.2 %
    Adjusted Net Income Margin   15.9 %     13.3 %     11.8 %     14.8 %
                   
     

    (1) Represents a one-time adjustment reducing commission expense, which resulted from the branch conversions. In January 2024, nine of our Branches converted to Corporate Branches. Upon conversion, agents of the newly converted Corporate Branches became employees and received salaries, employee benefits, and bonuses for services rendered instead of commissions. As a result, we released a portion of the unpaid commissions related to the converted branches that we no longer are required to settle.
    (2) Post-IPO, we are subject to United States federal income taxes, in addition to state, local, and foreign taxes, with respect to our allocable share of any net taxable income of TWFG Holding Company, LLC. For the three and twelve months ended December 31, 2024, the calculation of adjusted income tax expense is based on a federal statutory rate of 21% and a blended state income tax rate of 1.88% on 100% of our adjusted income before income taxes as if we owned 100% of the TWFG Holding Company, LLC.

    A reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin to Net Income and Net Income Margin, the most directly comparable GAAP measures, for each of the periods indicated is as follows (in thousands):

      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
        2024       2023       2024       2023  
    Total revenues $ 51,743     $ 39,571     $ 203,760     $ 172,043  
    Net income $ 8,153     $ 5,215     $ 28,592     $ 26,096  
    Interest expense   98       450       2,223       1,003  
    Interest income(2)   2,174       421       4,376       891  
    Depreciation and amortization   3,054       1,522       12,020       4,862  
    Income tax expense   1,057       —       1,495       —  
    EBITDA   10,188       6,766       39,954       31,070  
    Acquisition-related expenses   20       36       20       204  
    Restructuring and related expenses   —       —       —       17  
    Equity-based compensation   1,207       —       2,219       —  
    Interest income(2)   2,174       421       4,376       891  
    Discontinued operation income   —       —       —       (834 )
    Other non-recurring items(1)   257       —       (1,220 )     —  
    Adjusted EBITDA $ 13,846     $ 7,223     $ 45,349     $ 31,348  
    Net Income Margin   15.8 %     13.2 %     14.0 %     15.2 %
    Adjusted EBITDA Margin   26.8 %     18.3 %     22.3 %     18.2 %
                   
     

    (1) Represents a one-time adjustment reducing commission expense, which resulted from the branch conversions. In January 2024, nine of our Branches converted to Corporate Branches. Upon conversion, agents of the newly converted Corporate Branches became employees and received salaries, employee benefits, and bonuses for services rendered instead of commissions. As a result, we released a portion of the unpaid commissions related to the converted branches that we no longer are required to settle.
    (2) Interest income reflects interest and other earnings on cash balances held by the Company. This income is included in Adjusted EBITDA as we view our total interest and investment income as an integral part of our business model and earnings stream until deployed. 

    A reconciliation of Adjusted Free Cash Flow to Cash Flow from Operating Activities, the most directly comparable GAAP measure, for each of the periods indicated is as follows (in thousands):

      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
        2024       2023       2024       2023  
    Cash Flow from Operating Activities $ 11,600     $ 6,051     $ 40,479     $ 30,154  
    Purchase of property and equipment   (2,921 )     (43 )     (3,201 )     (260 )
    Tax distribution to members(1)   (3,002 )     —       (9,106 )     (9,526 )
    Acquisition-related expenses   —       36       20       204  
    Net cash flow provided by operating activities from discontinued operation   —       —       —       (839 )
    Adjusted Free Cash Flow $ 5,677     $ 6,044     $ 28,192     $ 19,733  
                   
     

    (1) Tax distributions to members represents the amount distributed to the members of TWFG Holding Company, LLC in respect of their income tax liability related to the net income of TWFG Holding Company, LLC allocated to its members.

    A reconciliation of Adjusted Diluted Earnings Per Share to diluted earnings per share, the most directly comparable GAAP measure, is as follows:

      Three Months Ended
    December 31,    		   Twelve Months Ended
    December 31,
      2024   2024
    Earnings per share of common stock – diluted $ 0.11   $ 0.19
    Plus: Impact of all LLC Units exchanged for Class A Common Stock(1)   0.04     0.32
    Plus: Adjustments to Adjusted net income(2)   0.04     0.08
    Adjusted Diluted Earnings Per Share $ 0.19   $ 0.59
           
    Weighted average common stock outstanding – diluted   15,056,430     14,982,409
    Plus: Impact of all LLC Units exchanged for Class A Common Stock(1)   41,171,461     41,171,461
    Adjusted Diluted Earnings Per Share diluted share count   56,227,891     56,153,870
           
     

    (1) For comparability purposes, this calculation incorporates the net income that would be distributable if all shares of Class B Common Stock and Class C Common Stock, together with the related LLC Units, were exchanged for shares of Class A Common Stock. For the three months ended and twelve months ended December 31, 2024, this includes $6.6 million and $25.8 million of net income, respectively, on 56,227,891 and 56,153,870 weighted-average shares of common stock outstanding – diluted, for the three and twelve months ended December 31, 2024, respectively. For both the three months ended and twelve months ended December 31, 2024, 41,171,461 weighted average outstanding Class B Common Stock and Class C Common Stock were considered dilutive and included in the 56,227,891 and 56,153,870 weighted-average shares of common stock outstanding – diluted within diluted earnings per share calculation.

    (2) Adjustments to Adjusted Net Income are described in the footnotes of the reconciliation of Adjusted Net Income to Net Income in “Adjusted Net Income and Adjusted Net Income Margin”, which represent the difference between Net Income of $8.2 million and $28.6 million and Adjusted Net Income of $10.5 million and $33.0 million for the three and twelve months ended December 31, 2024, respectively. For the three and twelve months ended months ended December 31, 2024, Adjusted Diluted Earnings Per Share include adjustments of $2.3 million and $4.4 million to Adjusted Net Income, respectively, on 56,227,891 and 56,153,870 weighted-average shares of common stock outstanding – diluted for both periods presented, respectively.

    Key Performance Indicators

    The following presents the disaggregation of Total Written Premium by offerings, business mix and line of business (in thousands):

      Three Months Ended December 31,   Twelve Months Ended December 31,
        2024       2023       2024       2023  
      Amount   % of Total   Amount   % of Total   Amount   % of Total   Amount   % of Total
    Offerings:
    		                              
    Insurance Services                              
    Agency-in-a-Box $ 246,116   68 %   $ 237,678   79 %   $ 982,815   66 %   $ 998,938   80 %
    Corporate Branches   61,642   17       18,806   6       275,331   19       53,963   4  
    Total Insurance Services   307,758   85       256,484   85       1,258,146   85       1,052,901   84  
    TWFG MGA   53,602   15       44,961   15       218,214   15       195,194   16  
    Total written premium $ 361,360   100 %   $ 301,445   100 %   $ 1,476,360   100 %   $ 1,248,095   100 %
                                   
    Business Mix:
    		                              
    Insurance Services                              
    Renewal business $ 236,033   65 %   $ 203,338   67 %   $ 975,657   66 %   $ 827,112   66 %
    New business   71,725   20       53,146   18       282,489   19       225,789   18  
    Total Insurance Services   307,758   85       256,484   85       1,258,146   85       1,052,901   84  
    TWFG MGA                              
    Renewal business   37,741   10       37,797   13       163,105   11       165,348   13  
    New business   15,861   5       7,164   2       55,109   4       29,846   3  
    Total TWFG MGA   53,602   15       44,961   15       218,214   15       195,194   16  
      Total written premium $ 361,360   100 %   $ 301,445   100 %   $ 1,476,360   100 %   $ 1,248,095   100 %
                                   
    Written Premium Retention:
    		                              
    Insurance Services     92 %       92 %       93 %       95 %
    TWFG MGA     84         88         84         89  
    Consolidated     91         91         91         94  
                                   
    Line of Business:
    		                              
    Personal lines $ 292,750   81 %   $ 239,134   79 %   $ 1,197,122   81 %   $ 997,431   80 %
    Commercial lines   68,610   19       62,311   21       279,238   19       250,664   20  
    Total written premium $ 361,360   100 %   $ 301,445   100 %   $ 1,476,360   100 %   $ 1,248,095   100 %
                                     
     

    The MIL Network –

  • MIL-OSI Economics: Colombia formally accepts Agreement on Fisheries Subsidies

    Source: World Trade Organization

    DG Okonjo-Iweala said: “I am grateful for Colombia’s formal acceptance of the Agreement on Fisheries Subsidies. As an active participant in fisheries subsidies discussions at the WTO, Colombia has consistently demonstrated its commitment to advancing ocean sustainability and safeguarding the livelihoods of those who depend on it. Colombia’s ratification marks another important step as we work together to implement this historic agreement. I call on those members who have not yet ratified to swiftly follow suit — we only need 18 for the Agreement to enter into force and begin to deliver its benefits for people and the planet.”

    Ambassador Bustamante said: “Colombia’s formal acceptance of the WTO Agreement on Fisheries Subsidies symbolizes the country’s commitment to the conservation of marine resources, and the impetus for more sustainable and equitable fisheries within the framework of clear and predictable multilateral rules. This Agreement, the first in the history of the Organization to have an environmental and sustainability focus, establishes disciplines to limit high-seas subsidies, to intensify efforts to combat illegal, unreported and unregulated (IUU) fishing, and to reduce harmful subsidies that have a negative impact on fish stocks and marine ecosystems. The Agreement also recognizes the importance of preserving the regulatory space necessary to promote sustainable fisheries and support artisanal fishers, whose livelihood is directly dependent on the health of the oceans.”  

    “By depositing the instrument of ratification of the Agreement, Colombia not only reaffirms its commitment to sustainable development and the responsible management of fisheries resources but also contributes to the revitalization of a rules-based multilateral trading system, promoting greater certainty, transparency and fairness in global trade. This action reflects the country’s determination to contribute to the establishment of fairer conditions in the fisheries sector and in the adoption of trade practices aligned with the principles of sustainability and environmental conservation.” Ambassador Bustamente said.

    Colombia’s instrument of acceptance brings to 93 the total number of WTO members that have formally accepted the Agreement. Eighteen more formal acceptances are needed for the Agreement to come into effect. The Agreement will enter into force upon acceptance by two-thirds of the membership.

    Adopted by consensus at the WTO’s 12th Ministerial Conference (MC12), held in Geneva on 12-17 June 2022, the Agreement on Fisheries Subsidies sets new, binding, multilateral rules to curb harmful subsidies, which are a key factor in the widespread depletion of the world’s fish stocks. In addition, the Agreement recognizes the needs of developing economies and least-developed countries and establishes a fund to provide technical assistance and capacity building to help them implement the obligations.

    The Agreement prohibits subsidies for illegal, unreported and unregulated (IUU) fishing, for fishing overfished stocks, and for fishing on the unregulated high seas.

    Members also agreed at MC12 to continue negotiations on outstanding issues, with a view to adopting additional provisions that would further enhance the disciplines of the Agreement.

    The full text of the Agreement can be accessed here. The list of members that have deposited their instruments of acceptance is available here. Information for members on how to accept the Protocol of Amendment is available here.

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    MIL OSI Economics –

  • MIL-OSI Europe: AMERICA/HAITI – A network of paths for human and economic development in Pourcine Pic Makaya

    Source: Agenzia Fides – MIL OSI

    Wednesday, 19 March 2025

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    Pourcine (Agenzia Fides) – In Pourcine Pic Makaya, the sowing season is coming to an end. The next two months will be difficult for the people awaiting the harvest. They have “put everything they have in the form of money into the ground,” that is, they have used it to prepare the land and sow.”In the coming weeks, agricultural work will decrease significantly; the Community will be able to work on repairing some roads and paths that connect the village plateau with other towns,” writes Father Massimo Miraglio, a Camillian missionary in Haiti, to Fides.“With a salary for the people, organized into work teams, we can help several families in a very difficult economic time. The results we seek are twofold,” continues the Camillian parish priest of Notre Dame du Perpétuel Secours in Pourcine: “to improve the usability of some roads (also to make them safer for children going to school) and to financially assist more than 200 families with a small financial contribution from their work.”The village of Pourcine Pic Makaya is located on a plateau at an altitude of approximately 1,000 meters and surrounded by rugged mountains, where numerous hamlets are connected by difficult and steep paths. Just under 300 families live in Pourcine, with a total of almost 1,500 people; the hamlets, about 15 in number, are home to around 2,000 people. The village is the center of all the area’s inhabitants, and a market is held every Wednesday, the center of the area’s economic activity. In Pourcine, there are two schools, one public and one parish, and a small (informal) parish clinic. Paths lead from the plateau to all the other villages (some several hours’ walk away) and to the three main tracks that connect Pourcine to the rest of the region: the first to the town of Beaumont, the second to the adjacent Castillon valley, and the third to the valley floor and Jérémie.“This entire network of mountain roads plays a fundamental role,” explains Fr. Miraglio, “allowing people to travel from the center to the villages, to the land they cultivate, to the markets for local produce, and to the neighboring towns in the region. Unfortunately, due to the terrain, heavy rainfall, and poor maintenance, this network of roads is in poor condition and, especially during the rainiest periods, is often impassable. Rural roads in particular, which are especially valuable because they allow the transport of products on mule and ensure connections to neighboring areas, are in poor condition. On rare occasions, the local community organizes, with the limited resources at its disposal, to clear the roads and improve their viability.”To help the population, Father Máximo is working on a project to “rehabilitate and maintain the roads and mule tracks that connect the villages of the Pourcine-Pic Makaya mountain community.” This project will enable the population to travel more safely and quickly, using the mules available to transport more local products and essential goods for the community’s life. The project also aims to foster the economic and social development of the area, counteracting depopulation and promoting a participatory and sustainable work model.“The direct beneficiaries of the project will be 268 people,” reports the Camillian, “who will be directly involved in the cleaning and maintenance of the trails, while the indirect beneficiaries will be the entire population of Poucine Pic Makaya, who will be able to benefit from the improvements to the trail network. In particular, the children who daily walk the trails leading from the various villages to the plateau where the school is located will be able to travel more safely and quickly. The direct beneficiaries, men and women (coordinators, team leaders and laborers), will be chosen from among the residents of the most remote areas who most need these income-generating activities at a particularly difficult time for the farmers in the area.” (AP) (Agenzia Fides, 19/3/2025)
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  • MIL-OSI Europe: Answer to a written question – US withdrawal from the Paris Agreement – E-000276/2025(ASW)

    Source: European Parliament

    For more than a decade the EU has worked side-by-side with the United States (US) to design and implement the Paris Agreement, the crucial multilateral agreement in the fight against global warming.

    The Commission therefore regrets the announcement of the President of the US to once again withdraw the US from the Paris Agreement .

    The Commission will stay the course on the Green Deal as the EU’s growth strategy. The Commission will deploy its climate diplomacy to ensure that other major polluters also show ambition in reducing greenhouse gas emissions when presenting their Nationally Determined Contributions ahead of COP 30 in Brazil.

    The Commission’s focus will be on supporting and creating the right conditions for reaching its common goals. This means investing and ensuring access to cheap, sustainable and secure energy supplies and raw materials, including through the Clean Industrial Deal.

    The Clean Industrial Deal, announced in the Political Guidelines for 2024-2029, positions decarbonisation as a powerful driver of growth and prosperity for Europeans.

    Building on the Green Deal Industrial Plan[1], the Net Zero Industrial[2] and Critical Raw Materials Acts[3], it will have a particular focus on energy-intensive industries and the net-zero sector.

    Some of the measures will aim at lowering energy prices, developing lead markets for EU-made decarbonised products, and leveraging circularity for the availability of raw materials.

    All of these measures will support the EU economy, foster the green transition and contribute to the prosperity of EU citizens by creating new jobs.

    • [1] https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal/green-deal-industrial-plan_en
    • [2] https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal/green-deal-industrial-plan/net-zero-industry-act_en
    • [3] https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials/critical-raw-materials-act_en
    Last updated: 19 March 2025

    MIL OSI Europe News –

  • MIL-OSI Global: Trump’s defiance of a federal court order fuels a constitutional crisis − a legal scholar unpacks the complicated case

    Source: The Conversation – USA – By Cassandra Burke Robertson, Professor of Law and Director of the Center for Professional Ethics, Case Western Reserve University

    The Supreme Court is seen on March 17, 2025, one day before Chief Justice John Roberts issued a rare rebuke of a president. Win McNamee/Getty Images

    President Donald Trump invoked the 1798 Alien Enemies Act on March 15, 2025, and deported about 200 Venezuelan immigrants his administration alleged have ties to a Venezuelan gang. U.S. District Court Judge James Bloasberg verbally issued an order that same day telling the government that the planes carrying the deportees must return to the United States.

    The U.S. government, though, allowed the flights to continue and for the Venezuelans to be detained at a facility in El Salvador infamous for its mistreatment of prisoners.

    The subsequent legal back-and-forth, which is still going on, intensified so quickly and dramatically that many legal scholars say the U.S. is past the point of a constitutional crisis, as the Trump administration appears to be defying a federal court order, for which Boasberg may hold the government in contempt. Trump has also called for Bloasberg to be impeached. Supreme Court Chief Justice John Roberts then issued a rare public statement that day rejecting Trump’s statement.

    “For more than two centuries, it has been established that impeachment is not an appropriate response to disagreement concerning a judicial decision,” Roberts said in a written statement on March 18.

    Amy Lieberman, a politics and society editor at The Conversation U.S., posed a few questions to Cassandra Burke Robertson, a scholar of civil proceedings and legal ethics, to break down some of the dynamics of this complex, evolving case.

    President Donald Trump shakes hands with Supreme Court Chief Justice John Roberts in Washington, D.C., on March 4, 2025.
    Win McNamee/Getty Images

    Is it rare for a Supreme Court justice to weigh in on politicians’ activities or statements?

    It’s uncommon for a Supreme Court justice to publicly contradict a president. Roberts has typically shown great respect for the separation of powers between branches of government. He has also consistently recognized that presidents have broad authority to run the federal government.

    However, this isn’t the first time Roberts has spoken up to protect judicial independence. During Trump’s first term in 2018, the president criticized rulings as coming from “Obama judges.” Roberts responded publicly, and said, “We do not have Obama judges or Trump judges, Bush judges or Clinton judges. What we have is an extraordinary group of dedicated judges doing their level best to do equal right to those appearing before them.”

    Why is Roberts’ statement of note, and what influence does he have in this situation?

    Roberts leads the U.S. Supreme Court. He also oversees all federal courts across the country.

    Roberts takes this leadership role very seriously. He has been willing to speak up when he believes something threatens judicial operations and independence.

    Since Roberts was confirmed as chief justice in 2005, he has often spoken publicly about why judges need to remain independent from political pressure. He has pointed out four main threats to judges’ independence: “violence, intimidation, disinformation and threats to defy lawfully entered judgments.”

    When Roberts makes a public statement, it carries weight because he speaks as the top judicial officer in the country. His words are a reminder about the importance of keeping courts free from political interference.

    What is most important for people to understand about the Alien Enemies Act case that Judge Boasberg is currently considering?

    First, Trump is using a rarely used wartime law, the Alien Enemies Act. This law allows for deportations during a time of war without the normal legal protections like court hearings. Some legal experts argue that Trump doesn’t have the authority to use this law since the U.S. isn’t officially at war with Venezuela or with the gang the administration has cited, Tren de Aragua. They worry that invoking the Alien Enemies Act inappropriately expands presidential power beyond constitutional limits and could be misused to target other immigrant groups.

    Second, Boasberg ordered a stop to these deportations on March 15. But the Trump administration went ahead with the deportations anyway. It later claimed it did not violate the judge’s order because the planes were over international waters. Under our legal system, the executive branch must obey valid court orders. This case raises concerns about whether the president is respecting the authority of the courts.

    James E. Boasberg, chief judge of the District Court, District of Columbia.
    https://www.dcd.uscourts.gov/content/chief-judge-james-e-boasberg

    Third, Trump has publicly called for Boasberg to be impeached, saying the judge overstepped his authority by ruling against the president’s actions. There’s no evidence that Boasberg acted corruptly or improperly – he simply made a legal ruling the president disagreed with.

    The case touches on fundamental questions about the balance of power between presidents and courts, and what happens when an administration chooses not to follow a judge’s orders. This confrontation between branches represents one of the most direct challenges to judicial authority by a president in American history.

    What would it take for a judge to be impeached, and what is the precedent for doing so, based on disagreements about a case?

    Federal judges can only be impeached by Congress for “high crimes and misdemeanors.” That generally means serious wrongdoing, not just making unpopular decisions.

    The impeachment process for judges works just like it does for presidents.

    First, the House of Representatives votes to impeach, needing just a simple majority. Then, the Senate holds a trial where a two-thirds majority is needed to remove the judge.

    Only 15 federal judges have ever been impeached in the U.S., and of those, only eight were convicted by the Senate.

    The only two judicial impeachments during this century involved very serious misconduct – including a judge who lied about sexually abusing two female employees in 2009.

    Only judges who have serious misconduct have been impeached and removed from office – not those involved in cases of political disagreements about judicial decisions.

    What are the most important legal and ethical questions that this case raises?

    This case raises important questions about the rule of law in the U.S. A key American belief is that no one, not even the president, is above the law. As Thomas Paine famously wrote in 1776, “In America, the law is king.”

    This doesn’t mean every court decision is always right. That’s why the legal system has appellate courts, as Roberts pointed out – so decisions people disagree with can be challenged through an appeal in proper channels. My scholarly research on the right to appeal explores how this process serves as a crucial safeguard in the country’s legal system.

    Twenty years ago, Roberts also stressed how important the rule of law is, saying it “protects the rights and liberties of all Americans.”

    When a government chooses to ignore court orders instead of appealing them through the legal system, it creates a serious threat to this principle. The current situation raises concerns about whether the federal government will continue to respect the boundaries established by the Constitution in the country’s legal system.

    Cassandra Burke Robertson 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. Trump’s defiance of a federal court order fuels a constitutional crisis − a legal scholar unpacks the complicated case – https://theconversation.com/trumps-defiance-of-a-federal-court-order-fuels-a-constitutional-crisis-a-legal-scholar-unpacks-the-complicated-case-252591

    MIL OSI – Global Reports –