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Category: Politics

  • MIL-OSI Europe: January 2025 euro area bank lending survey

    Source: European Central Bank

    28 January 2025

    • Credit standards tightened for firms in the fourth quarter of 2024, driven by higher perceived risks and lower risk tolerance
    • Credit standards remained unchanged for loans to households for house purchase but continued to tighten for consumer credit
    • Housing loan demand continued to rebound strongly, while demand for firm loans remained weak

    According to the January 2025 bank lending survey (BLS), euro area banks reported a renewed net tightening of credit standards – banks’ internal guidelines or loan approval criteria – for loans or credit lines to enterprises in the fourth quarter of 2024 (net percentage of banks of 7%; Chart 1). Banks also reported broadly unchanged credit standards for loans to households for house purchase (net percentage of 1%), whereas credit standards for consumer credit and other lending to households tightened further (net percentage of 6%). For firms, the net tightening followed the unchanged credit standards seen in the third quarter and was higher than banks had expected in the previous survey round. It was driven by higher perceived risks related to the economic outlook, the industry-and-firm-specific situation and banks’ lower risk tolerance. For loans to households for house purchase, the stability of credit standards, after three quarters of easing, was in contrast to the strong net easing that banks had expected in the previous quarter. Credit standards tightened further for consumer credit, mainly owing to higher perceived risks. For the first quarter of 2025, banks expect a further net tightening of credit standards for loans to firms and consumer credit, and a small net tightening for loans to households for house purchase.

    Banks’ overall terms and conditions – the actual terms and conditions agreed in loan contracts – remained broadly unchanged for loans to firms and consumer credit, but eased strongly for housing loans. For loans to firms, the contribution to easing from lower lending rates and narrower margins on average loans was broadly offset by stricter collateral requirements and other terms and conditions, such as loan covenants, to compensate for the higher perceived risks. For housing loans, lower lending rates and margins on average loans were the main drivers of the net easing. For consumer credit, lending rates had an easing impact, offset by widening loan margins.

    In the fourth quarter of 2024, demand from firms for loans or the drawing of credit lines increased slightly (Chart 2), while remaining weak overall. Loan demand from firms was supported mainly by declining interest rates, with fixed investment having a still-muted impact after its small positive contribution in the previous quarter. Net demand for housing loans continued to increase strongly, driven mainly by declining interest rates, substantiating still further the signs of a rebound from the strong declines seen in housing loan demand over previous years. Demand for consumer credit and other lending to households increased slightly, supported by declining interest rates, whereas spending on durable goods and consumer confidence, among other factors, dampened demand for consumer credit. In the first quarter of 2025, banks expect loan demand to remain broadly unchanged for firms and to increase further for households, especially for housing loans.

    Euro area banks’ access to funding worsened somewhat for retail funding, money markets and debt securities in the fourth quarter of 2024. In the first quarter of 2025, banks expect access to funding to remain broadly unchanged across all market segments.

    In response to the new regulatory or supervisory requirements in 2024, euro area banks reported a net increase in their required capital as well as increases in their liquid and risk-weighted assets. Banks also reported a net tightening impact on credit standards stemming from the requirements, especially for loans to firms, with further net tightening expected in 2025.

    Euro area banks reported that non-performing loan ratios and other indicators of credit quality had a net tightening impact on their credit standards for loans to firms and consumer credit in the second half of 2024, the largest since the height of the pandemic and the period of balance sheet clean-up in 2014-17. By contrast, for housing loans credit quality had a neutral impact on bank lending conditions. Banks expect these developments to continue in the first half of 2025.

    Banks’ credit standards tightened further in all main economic sectors in the second half of 2024, especially in commercial real estate (CRE), wholesale and retail trade, construction and energy-intensive manufacturing. Banks also reported a net decrease in loan demand in CRE, construction and energy-intensive manufacturing. For the first half of 2025, banks expect a further net tightening of credit standards in most economic sectors, except for services. They expect muted loan demand in all sectors but residential real estate, for which they expect a moderate increase.

    Banks reported that the changes in excess liquidity held with the Eurosystem had a neutral impact on bank lending conditions in the second half of 2024. They expect similar effects in the first half of 2025.

    The quarterly BLS was developed by the Eurosystem to improve its understanding of bank lending behaviour in the euro area. The results reported in the January 2025 survey relate to changes observed in the fourth quarter of 2024 and changes expected in the first quarter of 2025, unless otherwise indicated. The January 2025 survey round was conducted between 10 December 2024 and 7 January 2025. A total of 155 banks were surveyed in this round, with a response rate of 99%.

    Chart 1

    Changes in credit standards for loans or credit lines to enterprises, and contributing factors

    (net percentages of banks reporting a tightening of credit standards, and contributing factors)

    Source: ECB (BLS).

    Notes: Net percentages are defined as the difference between the sum of the percentages of banks responding “tightened considerably” and “tightened somewhat” and the sum of the percentages of banks responding “eased somewhat” and “eased considerably”. The net percentages for “Other factors” refer to an average of the further factors which were mentioned by banks as having contributed to changes in credit standards.

    Chart 2

    Changes in demand for loans or credit lines to enterprises, and contributing factors

    (net percentages of banks reporting an increase in demand, and contributing factors)

    Source: ECB (BLS).

    Notes: Net percentages for the questions on demand for loans are defined as the difference between the sum of the percentages of banks responding “increased considerably” and “increased somewhat” and the sum of the percentages of banks responding “decreased somewhat” and “decreased considerably”. The net percentages for “Other factors” refer to an average of the further factors which were mentioned by banks as having contributed to changes in loan demand.

    For media queries, please contact William Lelieveldt, tel.: +49 69 1344 7316.

    Notes

    • A report on this survey round is available on the ECB’s website, along with a copy of the questionnaire, a glossary of BLS terms and a BLS user guide with information on the BLS series keys.
    • The euro area and national data series are available on the ECB’s website via the ECB Data Portal. National results, as published by the respective national central banks, can be obtained via the ECB’s website.
    • For more detailed information on the BLS, see Köhler-Ulbrich, P., Dimou, M., Ferrante, L. and Parle, C., “Happy anniversary, BLS – 20 years of the euro area bank lending survey”, Economic Bulletin, Issue 7, ECB, 2023; and Huennekes, F. and Köhler-Ulbrich, P., “What information does the euro area bank lending survey provide on future loan developments?”, Economic Bulletin, Issue 8, ECB, 2022.

    MIL OSI Europe News –

    January 28, 2025
  • MIL-OSI Africa: Mission 300 Africa Energy Summit: Continent to connect 300 million to electricity by 2030 in new ambitious and collaborative initiative

    Source: Africa Press Organisation – English (2) – Report:

    DAR ES SALAAM, Tanzania, January 28, 2025/APO Group/ —

    • African Development Bank (www.AfDB.org), and World Bank in unprecedented collaboration to transform Africa’s Energy Access 
    • Strong emphasis on clean cooking solutions to avoid 600,000 deaths annually due to smoke exposure

    Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to implementation, participants at the Africa Energy Summit in Dar es Salaam, Tanzania, heard on Monday.

    The summit is organized by the Government of Tanzania and Mission 300, an unprecedented collaboration between the African Development Bank Group, the World Bank Group and global partners to address Africa’s electricity access gap using new technology and innovative financing. 

    Nearly 600 million Africans lack electricity, a critical resource for economic development and job creation. 

    Speaking during the first panel discussion of the opening day of the two-day Summit, African Development Bank President Dr. Akinwumi Adesina set the summit’s tone of action and implementation, emphasizing practical solutions to achieve the ambitious goal, from regulatory reforms to private sector engagement. He called for active involvement from a wide range of stakeholders, including bilateral and multilateral institutions, private sector entities, civil society organizations, and foundations. 

    “This is mission critical… Our mission here is to say we need everybody… It’s not about us, it’s about those who are not here, and we must listen and hear and make sure this is an action-driven summit… We can’t do Mickey Mouse business… We can’t have a situation where Africa does not have enough electricity,” Adesina told the audience, which included several African energy ministers, international development partners and private sector titans, civil society organizations, and foundations, attending the first day of the summit. 

    The second day of the summit will see the participation of several heads of state from across Africa, who will join more than 1,500 other participants. Together they will chart Africa’s course toward universal access to energy. 

    “We have a clear path to reaching these 300 million people,” Dr. Adesina stressed, distinguishing the initiative from previous efforts. He emphasized that the program seeks to transform Africa’s vast potential into reality through comprehensive electrification.  

    “With power, Africa will not just meet expectations but exceed them, becoming a competitive and prosperous continent,” he added. 

    Mission 300 will incorporate robust accountability measures, including country-specific monitoring and evaluation systems and the Africa Energy Regulatory Index to track progress. “This is all about accountability, transparency, and delivery while letting Africa develop with pride,” Adesina stated. 

    Adesina highlighted the devastating toll of traditional cooking methods based on firewood and charcoal, resulting in the death of 600,000 women and children annually due to smoke exposure. 

    The crisis extends beyond energy access, affecting environmental sustainability through deforestation and biodiversity loss. “It’s not just about energy transition,” Adesina said. “This is about dignity. Africa must develop with dignity and pride, and access to clean cooking solutions is fundamental to achieving this goal.” He praised Tanzania for developing a comprehensive national strategy to address this issue. 

    World Bank Group President Ajay Banga expressed optimism about the initiative, saying its ambitious objectives are achievable through hard work, particularly in ensuring a conducive environment for the private sector to participate. He emphasized the need for predictability of currencies, regulatory frameworks and land acquisition to incentivize investments supporting Mission 300. 

    In his remarks, Rajiv Shah, President of The Rockefeller Foundation, called global philanthropists to support the initiative.  

    “Please join us in getting behind the ideas of this initiative and the country compacts that the leaders will be signing. What is at stake is the future of African economies, the future of African young people, and the future of our world,” he said, adding that his foundation was committing $65 million to the program. 

    Speaking after the fireside chat, United Nations Deputy Secretary-General Amina Mohammed emphasized that energy access is not merely about power delivery, but about what that power will connect and enable. “It is important that we see food systems at the helm of all of this, and that they are powered by the energy that you will connect,” she stated. Mohammed explained how energy connectivity would catalyze transformative change in rural communities, particularly for women and youth, through access to digital financial services, online education, and e-commerce opportunities. 

    However, she stressed that realizing these ambitions would require significant financial engineering and private sector engagement. “The private sector’s got to lean in and it won’t lean in if the message is that your finance environment is not conducive to us,” she noted, calling for reforms in credit rating systems and financial architecture. “When you want to put together the financing for energy it is not easy and it requires many people at the table in parallel with what we are doing, the policy and the regulation, designing these pipelines and getting the money ready.” 

    The summit is expected to yield two significant outcomes: the Dar es Salaam Energy Declaration, outlining commitments and practical actions from African governments to reform the energy sector, and the first set of National Energy Compacts, which will serve as blueprints with country-specific targets and timelines for implementation of critical reforms.

    MIL OSI Africa –

    January 28, 2025
  • MIL-OSI Russia: Traditional lanterns and panda figurines: how the capital was decorated in honor of the Chinese New Year

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Specialists from the city services complex decorated the central streets and alleys of the capital in honor of the Chinese New Year, which will begin on January 29. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “On Manezhnaya and Tverskaya squares, in Kamergersky Lane, Kuznetsky Most Street and Tverskoy Boulevard, festive arches were additionally decorated with traditional red Chinese lanterns. The all-season “starry sky” in Kamergersky Lane will be painted in red shades, decorative consoles in the form of scrolls with congratulations appeared on the street lamps,” said Pyotr Biryukov.

    The central entrance to the Moscow Zoo was decorated with light boxes, flags and glowing light discs. Chinese red lanterns and light panda figures were placed on the territory.

    In recent years, Moscow has formed a sufficient stock of festive elements, allowing to decorate the metropolis. All light and decorative structures are multifunctional. They can be used repeatedly, changing their appearance.

    Project“Winter in Moscow”— the main event of the season, which until February 28 unites various events of the capital. Citizens and tourists are invited to remember traditions and history, warm up with tea and hot buns, go skating, skiing and tubing, watch ice shows, give gifts to people who find themselves in a difficult life situation, show care for those who need it.

    Muscovites and guests of the capital are offered a huge selection of events in the open air and in cultural and sports institutions. The atmosphere of winter traditions has engulfed the entire city – more than 1.9 thousand sites are open. The largest festivals of the capital are organically woven into the project: “Moscow Estates”, “Moscow Tea Party”, “City of Light”, “Snow and Ice in Moscow” and many others. All information about the project and winter season events can be foundin a special sectionmos.ru.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149412073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI Russia: In the Eastern Administrative District, 10 non-residential real estate objects were built in a year using extra-budgetary funds

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In the Eastern Administrative District of the capital, 10 non-residential real estate objects were built using extra-budgetary funds in 2024. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “In 2024, 10 non-residential real estate objects with a total area of about 40 thousand square meters were built in the east of Moscow using extra-budgetary funds. Among them are four kindergartens, retail, household and utility facilities, a church, and an industrial building. New buildings were built in the districts of Golyanovo, Sokolniki, Preobrazhenskoye, Metrogorodok, Kosino-Ukhtomsky, Bogorodskoye, Severnoye Izmailovo. As a result, more than 465 jobs appeared in the east of the capital,” said Vladimir Efimov.

    The buildings house educational, sports and entertainment facilities, and additional workspaces have appeared.

    “Four new kindergartens with a total area of over 10.4 thousand square meters are designed for 555 pupils. The largest of them was built in the Bogorodskoye district and transferred to the capital’s education system. This kindergarten with an area of over 4.3 thousand square meters is designed for 275 places,” said the Minister of the Moscow Government, Head of the Department of Urban Development Policy of the capital

    Vladislav Ovchinsky.

    This three-story building was equipped with 11 group cells, a full-cycle food service unit, a medical office, a gym and a music room. The area around the kindergarten was adapted for walks and sports.

    Mosgosstroynadzor experts checked all stages of construction of non-residential buildings in the Eastern Administrative District, the agency chairman added Anton Slobodchikov. The inspectors carried out a total of 169 control and supervision activities, which allows us to guarantee the high quality and safety of buildings after they are put into operation.

    Earlier Sergei Sobyanin told, that in 2024 more than 80 social infrastructure facilities were built in the capital.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149391073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI Russia: Triage system, digital X-ray and 11 operating rooms: how the flagship center of City Clinical Hospital No. 1 named after N.I. Pirogov is organized

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The triage system, modern equipment, the principle of a digital clinic and 11 multidisciplinary operating rooms – doctors flagship center of the City Clinical Hospital (CCH) No. 1 named after N.I. Pirogov provide emergency and planned care to patients with a wide range of illnesses. During the first month of operation, the medical facility received almost six thousand people, its specialists performed hundreds of high-tech operations and thousands of diagnostic studies.

    How the new flagship is designed and equipped, what are the advantages of the “doctor to patient” principle, how advanced equipment helps save lives, and how much the Moscow healthcare system has improved thanks to the opening of the fifth emergency care center – in a report by mos.ru.

    Diagnostics and treatment in one place

    Flagship center of City Clinical Hospital No. 1 named after N.I. Pirogov opened December 20, 2024 on Leninsky Prospekt (building 10, block 7). The seven-story building is located on the territory of the First City Hospital, one of the oldest and largest clinics in the capital.

    One of the 27 buildings of the medical facility was completely reconstructed over the course of three years to become the new flagship; it is easy to find by the signs and the blue sign with the logo of the capital city. Department of Health— the letter M enclosed in a heart. Heated overground walkways connect the building with neighboring buildings.

    The center’s patients undergo a full diagnosis and, if necessary, undergo surgery, followed by recovery in intensive care and hospital treatment, as indicated.

    “Our flagship center represents almost all medical specialties: surgery, traumatology, ophthalmology, otolaryngology, gynecology, urology and others. The staff consists of 350 people, including academicians and doctors of science. To equip the center, we purchased about 2.8 thousand units of medical equipment and furniture, including an angiographic system, a magnetic resonance imaging scanner, a whole-body X-ray computed tomography system and a mobile C-arm X-ray machine. After providing the necessary assistance, patients are either discharged for outpatient observation or sent to inpatient departments for further treatment,” says Daria Tuul, head of the emergency medical care center of City Clinical Hospital No. 1 named after N.I. Pirogov.

    Red Stream for Emergency Patients

    The flagship center of City Clinical Hospital No. 1 named after N.I. Pirogov meets modern medical standards. In the lobby and emergency department there are soft chairs and sofas, boxes for patients’ personal belongings, water coolers and coffee machines, snow-white calla lilies bloom in wooden tubs. Navigation stripes are applied to the floor – red, yellow and green, showing the directions of the corresponding flows, on the walls – illuminated signs and large screens for educational videos. The doors open at the touch of a button.

    To the right of the main entrance is the emergency medical care department, where patients are brought by ambulances. In a spacious heated vestibule, patients are transferred to gurneys. Red category patients who require urgent care are taken to the anti-shock room, where a team of resuscitators is already waiting for them, or to the operating room.

    Such patients are immediately connected to monitors that track temperature, blood pressure, heart rate, lung saturation and other vital signs. Among the modern equipment that the anti-shock room is equipped with are artificial lung ventilation and ultrasound devices, an indirect heart massage system, an anesthesia and respiratory apparatus and an electric cardiac pacemaker.

    “While the ambulance is transporting the patient, the doctors collect the anamnesis and transmit the information to us online, that is, we already understand with what preliminary diagnosis and in what condition the person will be admitted, whether he has chronic diseases, where he was taken from and how long it took. All this information is displayed on the screens in the anti-shock room and the admissions department. According to the regulations, red stream patients should receive assistance in the first minutes after admission,” explains Roman Emelin, an anesthesiologist-resuscitator at the flagship center of City Clinical Hospital No. 1 named after N.I. Pirogov.

    Sobyanin spoke about the new standard of emergency medical care in flagship centersSobyanin: Healthcare system undergoing its largest modernizationMoscow approves algorithm for treating female infertility

    Operating rooms with telemedicine

    The “heart” of the flagship center is a multidisciplinary operating block located on two floors. For the first time, City Clinical Hospital No. 1 named after N.I. Pirogov has an integrated digital operating room with automated data transfer, visualization and intelligent control. Sensors and high-resolution video cameras allow you to observe the surgical process in great detail on large screens and broadcast it to anywhere in the world, consulting with experts and training colleagues from Moscow and other regions.

    The hybrid operating room allows for simultaneous surgical interventions for various pathologies. Thanks to sophisticated angiographic equipment, doctors can penetrate the finest vessels and simultaneously perform operations on the head, chest, abdomen or limbs without moving patients.

    “In addition to the digital operating room with telemedicine and hybrid, we have nine multi-profile operating rooms equipped with the most modern equipment. Anesthesia and respiratory devices, defibrillators, endoscopic video stands, surgical microscopes, portable scanners, artificial blood circulation devices, X-ray arc and other advanced equipment allow us to perform any surgical interventions,” explains Vadim Konstantinov, a resuscitation specialist and anesthesiologist at the flagship center of City Clinical Hospital No. 1 named after N.I. Pirogov.

    After the operation, patients are transferred to the intensive care unit on the second floor. There are 11 beds, including two single boxes. Patients are under constant medical supervision for 24 hours. Each bed, which is separated by thick screens, has a syringe dispenser, an artificial lung ventilation device, a vital signs monitor, and for greater comfort, heated blankets powered by the electrical network are provided. The department is equipped with defibrillators, electrocardiographs, portable ultrasound machines, and pneumatic mail. Radiologists and endoscopists visit patients, so they leave the ward only to have a CT or MRI scan. After stabilization, patients are transferred to other hospital departments, where they stay until discharge.

    New clinics, artificial intelligence and digitalization: how Moscow healthcare developed in 2024Scientific projects of Moscow medical organizations will receive grant support — SobyaninFirst flagship: how the center of the V.V. Veresaev hospital accepts its first patients

    Bracelets with clips

    The distribution of incoming patients is done using a digital triage system. At two medical stations, their temperature, blood pressure, and pulse are measured, and after a brief anamnesis, they are distributed into yellow and green streams. Each patient receives a bracelet of the corresponding color, and if necessary, clips. Red indicates a risk of falling, yellow indicates the presence of chronic diseases such as diabetes, and turquoise indicates an allergy to medications or food.

    “The red line takes patients to the anti-shock ward, and the yellow and green lines take them to the examination rooms, which are located on the first floor. There are seven of them, each with a surgeon, traumatologist, neurosurgeon, ophthalmologist, neurologist, otolaryngologist, maxillofacial surgeon, urologist and gynecologist. The center has all the latest diagnostic equipment: a CT scanner, digital X-ray, expert-class ultrasound machines, vital function monitors,” says Marat Magomedov, deputy chief physician for emergency care at the flagship center of City Clinical Hospital No. 1 named after N.I. Pirogov.

    In addition to the six-bed examination and shock wards, the first floor houses a diagnostic ward, an isolation ward for infectious patients, and five multi-profile operating rooms for emergency interventions, including hybrid and digital ones. The second floor is occupied by six operating rooms for scheduled patients, as well as an intensive care unit with 11 beds. The hospital’s inpatient departments are located from the third to the sixth floors: neurosurgery, two traumatology departments, and cardiovascular surgery. The seventh floor houses a diagnostic complex. The minus first and minus second floors are allocated for technical premises.

    The center provides care on a doctor-to-patient basis. After a quick check-in at the emergency department, further examinations and procedures, except for CT and MRI, are performed at the patient’s bedside. And digitalization provides specialists with online access to patients’ medical records using tablets.

    The doctors are assisted in their work by employees of the capital’s government service centers. They perform administrative functions and also create a comfortable environment for patients and their accompanying relatives.

    Construction of a new clinic in Kommunarka is planned to be completed in 2025Sobyanin spoke about the first year of work of the new centers of the Botkin HospitalTesting, examination stations and interview. How to get the status of “Moscow doctor”From the triage system to the “space” operating room: how the flagship center of the O.M. Filatov Hospital No. 15 is organized

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149388073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI Russia: Renovation program: more than 5.5 thousand residents of the South-East Administrative District received new apartments last year

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In 2024, more than 5.5 thousand city residents living in 102 old houses in the south-east of the capital completed documents for comfortable housing under the renovation program. This was reported by the Minister of the Moscow Government, Head of the Department of City Property Maxim Gaman.

    “Over 5.5 thousand Muscovites from 102 old houses received keys to apartments in new buildings in the south-east of the capital in 2024. Of these, in Lublin, over 1.4 thousand city residents signed contracts with the Department for comfortable housing under the renovation program, in Kuzminki – over 1.2 thousand people, almost 900 – in the Nizhegorodsky district. The rest live in Vykhino-Zhulebino, Kapotnya, Lefortovo, Ryazansky, Yuzhnoportovy districts and in Tekstilshchiki,” he said.

    In total, last year in the South-Eastern Administrative District, the paperwork for apartments was completed and residents of 73 old houses completely moved into new buildings.

    “In 2024, about 1.9 thousand families who moved to the South-East Administrative District used the city’s help in moving. Thanks to the “Moving Assistance” service, residents can order movers and a truck for free. Specialists will help to disassemble and pack things, and then move them from the old apartment to the new one. You can use the service online by leaving a request on the mos.ru portal, or at resettlement information centers, which are located on the first floors of new buildings,” said the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

    Vladislav Ovchinsky.

    As noted in Department of Information Technology of the City of Moscow, will help you prepare for your planned move general instructions, available in the super service “Moving under the renovation program” on the mos.ru portal. With its help, you can find out how the move is organized and get information on the documents required to draw up a contract, as well as use links to useful services. If you configure the parameters of the move, the super service will provide the opportunity to read the instructions taking into account a specific life situation.

    In total, since the start of the program, more than 31.1 thousand Muscovites from 173 old buildings in the southeast have received modern housing.

    In the South-Eastern Administrative District of the capital, 818 buildings, in which more than 164 thousand city residents live, are included in the renovation program.

    Renovation program approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin instructeddouble the pace of program implementation.

    Moscow is one of the leaders among regions in terms of construction rates and volumes. Over the past five years, within the framework of the national project “Infrastructure for life” The volume of construction and commissioning of residential buildings in the capital has doubled – from three million to five to seven million square meters per year.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149399073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI Russia: “Winter in Moscow”: “Chinese New Year” venues collected in one app

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    The capital will host the Chinese New Year festival for the second time from January 28 to February 9. Residents and tourists will enjoy master classes, festive processions, drum shows, performances by artists, traditional Chinese dishes and themed souvenirs.

    You can see all the festival sites in the Moscow Transport app. Thanks to this, guests will be able to easily plan a route to any of them and find out a description of each.

    “For the second year in a row, we have added the Chinese New Year festival to the Moscow Transport app. We have posted a poster for each of its points and added the ability to build a route to the selected site – this will allow residents and guests of the capital to plan their time. At the request of Sergei Sobyanin, we are creating more convenient and useful functions in our mobile applications for the comfort of users,” said Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    Finding festival sites in the app is easy. To do this, you need to move the bottom menu up, go to the “Interesting” section and click on the festival logo. After all the sites open, you should select the one you need and plot a route. You can download the app by link.

    The Moscow Transport app was launched in 2017. During this time, it has been downloaded more than eight million times. It combines all city routes in one service. A single platform allows users to get the best solution based on their personal needs, budget, and preferences. The app is convenient for both drivers and passengers of public transport. It makes it easy to manage the Troika card, make biometric payments for travel, order trips, buy tickets (including for river cruises), activate charging for electric vehicles at city stations, and use many other services.

    Project “Winter in Moscow”— the main event of the season, which until February 28 unites various events of the capital. Citizens and tourists are invited to remember traditions and history, warm up with tea and hot buns, go skating, skiing and tubing, watch ice shows, give gifts to people who find themselves in a difficult life situation, show care for those who need it.

    Muscovites and guests of the capital are offered a huge selection of events in the open air and in cultural and sports institutions. The atmosphere of winter traditions has engulfed the entire city – more than 1.9 thousand sites are open. The largest festivals of the capital are organically woven into the project: “Moscow Estates”, “Moscow Tea Party”, “City of Light”, “Snow and Ice in Moscow” and many others. All information about the project and winter season events can be found in a special section Mos.ru.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149299073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI United Kingdom: Stricter age-verification checks for all knife retailers

    Source: United Kingdom – Executive Government & Departments

    Stricter age verification checks and a ban on doorstep drops will be introduced to greater protect young people from knife crime.

    Image: Getty Images

    These new measures will also prevent weapons getting into the wrong hands.

    A stringent 2-step system will be mandated for all retailers selling knives online requiring customers to submit photo ID at point of sale and again on delivery. In addition, delivery companies will only be able to deliver a bladed article to the same person who purchased it.

    The government has an ambitious mission to halve knife crime within a decade as part of the Plan for Change and a core element of this will be addressing problems in the online sales space. 

    Under the new measures a person may need to submit a copy of a photo ID such as driving licence or passport, as well as proof of address such as a utility bill, before showing ID again when the package is delivered. This could also include a person submitting a current photo or video of themselves to an online retailer alongside their ID.

    It will also be illegal to leave a package containing a bladed weapon on a doorstep when no one is in to receive it.

    Home Secretary Yvette Cooper said:

    It’s a total disgrace how easy it still is for children to get dangerous weapons online.

    More than two years after Ronan Kanda was killed with a ninja sword bought by a teenager online, too many retailers still don’t have proper checks in place.

    It’s too easy to put in false birth dates, parcels are too often being dropped off at a doorstop with no questions asked.

    We cannot go on like this. We need much stronger checks – before you buy, before it’s delivered.

    The measures I am setting out today will be crucial in addressing this problem and are part of our Plan for Change and mission to make streets safer.

    Last year the Home Secretary commissioned Commander Stephen Clayman, the national police lead on knife crime, to carry out a full review into the online sale and delivery of knives. 

    The full report is expected at the end of the month and stronger ID checks are one of the recommendations.

    We have also already announced that we will hold social media executives to account for knife crime related content which glorifies and incites violence amongst young people. Senior execs of social media companies will face significant fines in the region of £10,000 for failing to swiftly remove knife crime related content from their platforms.

    The measures announced today are set to be included as part of the Crime and Policing Bill which is expected to be introduced to Parliament by spring, with more proposals still to come in the coming weeks.

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    Published 28 January 2025

    MIL OSI United Kingdom –

    January 28, 2025
  • MIL-OSI Russia: Polytechnic University student joins leadership of St. Petersburg Youth Parliament

    Translartion. Region: Russians Fedetion –

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

    Varvara Bucherova, a Master’s student at the Institute of Industrial Management, Economics and Trade, a resident of the student association “Laboratory of Public Administration”, a member of the youth council of the Kalininsky district and an ambassador of Smolny in SPbPU, was elected Deputy Chairperson of the Youth Parliament of St. Petersburg.

    The Youth Parliament is an advisory and consultative body under the Legislative Assembly of St. Petersburg. The selection of candidates took place in three stages. 570 people submitted applications. A special commission, based on a number of criteria, determined 150 participants in the next stage – a business game, which helped to evaluate the skills and abilities of the candidates. Based on its results, a pool of 64 participants was formed for the third stage – voting for candidates. At this stage, the candidates were supported by more than 71 thousand people. 32 candidates entered the parliament.

    Varvara told us in an interview how she achieved such heights.

    — How did you prepare for the competition for this position? Did you have any doubts about whether you were ready to take on such responsibility?

    — I was worried until the very end about whether I would be able to become deputy chairman or not. For the most part, everything depended on who would be the chairman, because I hoped that I would work with Filipp Chufistov, whom I already knew. In terms of preparation, I was required to do one thing — a speech for nomination, which was not difficult for me.

    — Why did you choose the “State and Municipal Administration” program when you applied?

    — In the eleventh grade, I attended preparatory courses at SPbPU, I think that gave me a push. There were many people there who recommended the direction “State and Municipal Administration”.

    — How did the knowledge you gained at university help you adapt to your new responsibilities?

    — At the university, I gained my first management experience, which will undoubtedly be useful to me. Thanks to the Polytechnic, my colleagues and I were able to create a student association, the Public Administration Laboratory.

    — Have you had any moments of doubt or failure on your way to this position?

    — Of course, I had my doubts, since the election of deputy chairmen is conducted by secret ballot, where a candidate must gain a majority of votes from the total number of members. In other words, if there was a quorum, it was necessary to gain at least 26 votes, regardless of the number of members of parliament present. I managed to gain 37 votes.

    — What do you think is the most important quality of a successful leader?

    — I believe that the most important quality of a successful leader is the ability to listen and hear his team. Of course, there is a whole set of qualities that are necessary for a leader, for example, the ability to speak correctly, organize the work process and delegate tasks, but it is the skill of building high-quality communication with the team that allows you to lead it and be 100% confident in it.

    — What role do mentors play in your professional development?

    — A huge role in most of my achievements and projects is played by mentors, to whom I can always turn. First of all, these are IPMEiT teachers, associate professors of HSAU Maxim Ivanov and Tamara Selentyeva. They are always ready to help, answer any questions, support in difficult times. In addition, another mentor of mine is Nikita Golubov, Chairman of the Youth Council of the Kalininsky District of St. Petersburg. He has his own, no less effective, mentoring methods. He always provides an opportunity to reach a completely new level, even if you are not ready for it. This gives the skill to find a way out of any situation.

    — How do you plan to use this experience for further professional growth? Are there any specific goals you want to achieve in the near future?

    — In the near future, I plan to organize work in the Youth Parliament, defend my master’s thesis, and try to enroll in graduate school. The experience I will gain will definitely help me in building my future career.

    — What advice would you give to a young professional starting out in their career?

    — My advice is to participate everywhere, always and in everything: olympiads, competitions, case championships. Sooner or later you will succeed. The main thing to remember is that you are gaining experience, which gives you an impetus for further development.

    Vladimir Shchepinin, Director of IPMEiT, joined in the congratulations: I am proud that the students of our institute achieve such heights during their student years. Varvara Bucherova was elected to such a responsible position in the Youth Parliament under the Legislative Assembly of St. Petersburg. This achievement demonstrates her leadership qualities, active civic position and desire to contribute to the development of our society. I am confident that she will successfully cope with her new responsibilities and will continue to benefit the city and the country.

    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 –

    January 28, 2025
  • MIL-OSI Russia: “Winter in Moscow”: VDNKh became the venue for the “Moscow Tea Party” festival

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    VDNKh has become one of the venues for the Moscow Tea Party festival, which is being organized as part of the project “Winter in Moscow”Ice shows, folk festivals and traditional Russian games will take place here.

    On February 1 at 11:00 and 13:00 and on February 2 at 11:00, 13:00, 17:30 and 19:30, the largest skating rink in the capital will host a performance with the participation of professional figure skaters. Spectators will enjoy a festive atmosphere, bright costumes, dancing and familiar melodies. Entrance by tickets to the skating rink.

    Throughout the winter season, the skating rink hosts master classes, competitions, costume parties, themed performances, morning exercises, night skating and other events.

    On weekends until February 22, from 12:00 to 15:30, open-air folk festivities are held behind pavilion No. 58 “Agriculture”. The program includes musical and theatrical performances by artists, as well as Russian traditional games. Admission is free. On January 24, the program was opened by the folklore ensemble “Slavyane” of the Moscow State Academic Theater “Russian Song” under the direction of People’s Artist of Russia Nadezhda Babkina.

    This year, the VDNKh skating rink is located in its traditional location — between pavilions No. 1 “Central” and No. 58 “Agriculture”. The ice rink goes around the fountains “Friendship of Peoples” and “Stone Flower”. The area of the artificial surface is more than 20 thousand square meters. About five thousand people can be here at the same time.

    Project “Winter in Moscow”— the main event of the season, which until February 28 unites various events of the capital. Citizens and tourists are invited to remember traditions and history, warm up with tea and hot buns, go skating, skiing and tubing, watch ice shows, give gifts to people who find themselves in a difficult life situation, show care for those who need it.

    Muscovites and guests of the capital are offered a huge selection of events in the open air and in cultural and sports institutions. The atmosphere of winter traditions has engulfed the entire city – more than 1.9 thousand sites are open. The project organically intertwined with the largest festivals of the capital “Moscow Estates”, “Moscow Tea Party”, “City of Light”, “Snow and Ice in Moscow” and many others. All information about the project and the events of the winter season can be found in a special section of mos.ru.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149279073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI China: Macao SAR hosts diverse celebrations for Chinese New Year

    Source: China State Council Information Office 2

    The Macao Special Administrative Region (SAR) is hosting a series of celebrations combining traditional and modern elements to welcome the Chinese New Year, or the Year of the Snake, which will fall on Wednesday.
    The New Year Market, organized by the SAR’s Municipal Affairs Bureau at Tap Seac Square, started last Wednesday and will last seven consecutive days. In addition to booths offering New Year gifts, festive flowers, and snacks, the event also featured cultural performances, a large floral exhibition, and New Year decorations.
    From the end of January to the end of February, in Macao’s Barra District, the “Barra Lucky Blessing Market” was to bring a selection of workshops for New Year prints from Beijing’s Prince Kung’s Palace Museum, popular music performances, and booths of trendy goods.
    James Wong, a market participant and a representative of small and medium-sized enterprises, told Xinhua that the market had given him a platform to meet more people and expand his business.
    Several cultural and artistic venues have exhibitions on display, adding to the festive vibe. For example, the Macao Museum of Art (MAM) held the “Palace of Double Brilliance: Special Exhibition from the Palace Museum,” lasting until March 2.
    The MAM exhibition coordinator, Zhao Kaixin, told Xinhua that the MAM has been cooperating with the Palace Museum for many years. She said she hopes this year’s exhibition will provide residents and visitors with historical treasures and articulate the beauty of the Chinese culture.
    According to the SAR’s tourism office, the Chinese New Year Parade will be held on Jan. 31 and Feb. 8 in the evening. The parade floats will also be displayed at the Macao Fisherman’s Wharf and Tap Seac Square.
    As a signature celebration of Macao during the Spring Festival, the Chinese New Year fireworks displays will be performed on the Seafront of Macao Tower in three editions on Jan. 31, Feb. 4, and Feb. 12, said the tourism office.
    As indicated by the SAR’s Public Security Police Force, during the Chinese Spring Festival holiday, it was estimated that Macao will see between 5.04 million and 5.36 million entries and exits, with an average of 630,000 to 670,000 people daily. This represents a 3 percent or more increase compared to 2024.
    Ms. Shangguan, from Shanghai, traveled to Macao with her friends before the Spring Festival. She expressed that she was fortunate to participate in various New Year celebrations and had a great experience. “These past few days, I’ve felt the strong festive atmosphere,” she said.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI China: Chinese celebrate Spring Festival with traditions, travels and shopping spree

    Source: China State Council Information Office 2

    With traditional fairs and shopping and travel booms over this year’s extended holiday, China is about to ring in the Spring Festival of the Year of the Snake, the first since its inclusion into the UNESCO intangible cultural heritage list.
    For Chinese across the world, the Spring Festival is a time for family reunions, festive traditions, holiday shopping and diverse cultural and tourism activities. This year, it falls on Jan. 29 with hundreds of millions of people traveling to reunite with families in the world’s largest annual human migration.
    Celebrations today highlight both traditional and modern elements, from temple fairs, lantern displays, lion dances and intangible cultural heritage bazaars to village galas, light and drone shows, museum exhibitions, and travels at home and abroad.
    This year, festive glee and activities are further boosted by the UNESCO recognition, pro-consumption policies and the extension of the traditional seven-day holiday by an extra day.

    A performance is staged at the Hetou ancient street scenic area in Tangshan, north China’s Hebei Province, Jan. 26, 2025. China is alive with vibrant celebrations with the Spring Festival just around the corner. (Photo by Liu Mancang/Xinhua)
    FAMILY REUNIONS AND TRADITIONAL FESTIVITIES
    For migrant workers like Zhang Changfu, a native of Baise in Guangxi Zhuang Autonomous Region, south China, the Spring Festival offers a rare opportunity for a family reunion.
    “I’ve been working away from home for 20 years, but I return home every Spring Festival,” said Zhang, 41, who works as a machinist in the southwestern metropolis of Chengdu, adding that he is looking forward to taking his family to the local temple fair.
    The temple fair, a panoply of folk performances, local delicacies and traditional handicrafts, is a familiar sight at this time of year. While such activities contain more traditional elements in the countryside, large cities like Beijing and Shanghai have a tradition of holding large-scale fairs.
    For others, like Lin Jia who works in Nanjing, capital of east China’s Jiangsu Province, Spring Festival is the perfect time for a family tour. Lin’s parents and grandmother have traveled from Hunan Province to join her for the holiday.
    Lin plans to take them sightseeing around the city after a New Year’s Eve dinner at a hotpot restaurant. “It’s both a reunion and a mini vacation,” she said.
    This year, many cities are holding more traditional festive activities, motivated by the inscription of the Spring Festival on UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity in December. The southwestern megacity of Chongqing has planned more than 100 intangible cultural heritage exhibitions, bazaars and performances during the holiday.
    “We hope visitors can feel the strong festive ambiance and the special charm of our cultural heritage,” said Tang Mao, the organizer of a cultural heritage bazaar in Chongqing’s bustling Jiefangbei commercial area, where over 40 artisans display traditional crafts like paper-cutting, New Year picture drawing and sugar-figure making.
    HOLIDAY SHOPPING
    For centuries, shopping has been a crucial part of Spring Festival preparations: from nice food to new clothes and carefully chosen gifts.
    Liu Fengmei, a woman in her 70s in Shanghai, traveled over an hour by subway to First Foodhall, a time-honored food store on the iconic Nanjing Road, to stock up on traditional holiday snacks.
    A long queue is seen outside the store, which, like many across the country at this time of the year, is filled with festive decorations and a dazzling array of traditional foods.
    Following the UNESCO recognition, Chinese consumers also appear to be particularly interested in goods with a cultural festival flair.
    Li Gang with the Ministry of Commerce said sales of neo-Chinese-style jewelry and goods featuring intangible cultural heritages have grown by 52.6 percent and 26.6 percent in the month-long online shopping event for the festival initiated by the ministry.
    In recent years, the Spring Festival shopping lists have included more imported goods, reflecting Chinese people’s rising purchasing power and growing appetite for imported quality goods.
    Earlier this month, a cargo ship loaded with 20,000 tonnes of Chilean cherries arrived at the Nansha Port in south China’s Guangzhou, perfectly timed to offer a festive treat for millions ahead of the Spring Festival.
    “Chilean cherries, Australian lobsters and Russian snow crabs … the prices of imported products are quite attractive, so I plan to prepare a New Year’s Eve dinner that blends both Chinese and foreign flavors,” said a customer surnamed Guo at a store of fresh-food chain Freshippo in Beijing.
    Driven by government-subsidized trade-in programs, mobile phones, wearable devices, and green and smart home appliances are also highly sought-after items ahead of the festival, according to the ministry.
    “Spending on New Year’s goods can offer a glimpse into the resilience and vitality of consumption throughout the year,” said Hong Tao, director of the Institute of Business Economics at Beijing Technology and Business University, who expects a new wave of holiday consumption growth.
    Tourists take a selfie at Jiangjunshan Ski Resort in Altay, northwest China’s Xinjiang Uygur Autonomous Region, Jan. 21, 2025. As the Spring Festival approaches, Altay in Xinjiang has ushered in peak tourist season. (Xinhua/Hu Huhu)
    HOLIDAY TRAVEL
    In addition to local festivities, many are venturing farther afield to make the most of the eight-day Spring Festival holiday.
    Fang Xue, a resident of Shanghai, plans to take her parents on a holiday trip to Shantou, a coastal city in Guangdong Province. “Traveling during the Spring Festival has become quite fashionable,” Fang said. “My parents in their 80s are very eager to travel.”
    The extended holiday has given a boost to the travel industry. While tourist cities such as Shanghai, Beijing, Guangzhou, Hangzhou and Chengdu are attracting large numbers of holidaymakers, smaller cities are also getting more travelers who wish to savor celebrations with local flavors, according to Fliggy, a leading online travel agency.
    “Expectations for intangible cultural heritage activities are especially high during the first Spring Festival after the UNESCO recognition,” said Wang Liyang, operations manager at Fliggy.
    Thanks to China’s further easing of visa policies, many Chinese cities are also witnessing an influx of international visitors, with many eager to experience the festival traditions.
    “The UNESCO heritage status gives Spring Festival worldwide recognition and increases its appeal to international tourists,” said Zhou Huijie, an analyst at Trip.com research institute.
    Trip.com Group has estimated that inbound bookings would jump by 203 percent during the Spring Festival, with tourists from the Republic of Korea, Malaysia, Singapore, Japan, the United States, Australia, Thailand and Britain topping the list.
    Lukas Muller from Germany is traveling in northeast China’s Jilin Province for skiing and to experience the Spring Festival.
    “My friends and I will experience Chinese New Year up close, including eating dumplings, putting up spring couplets, setting off fireworks, and many other customs I’m not familiar with yet,” he said, also praising China’s visa-free policy that facilitated his trip.
    Spring Festival serves as the most direct cultural window to understand the Chinese people and it is also a traditional festival with the most Chinese cultural characteristics, said Feng Jicai, a renowned Chinese writer who has long championed intangible cultural heritage protection. 

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI Australia: Race Discrimination Commissioner condemns neo-Nazi rally in Adelaide

    Source: Australian Human Rights Commission

    Australia’s Race Discrimination Commissioner, Giridharan Sivaraman, has condemned the neo-Nazi rally held in Adelaide on Australia Day, warning a National Anti-Racism Framework is the only way to adequately combat the rise of the white supremacy movement. 

    South Australian police arrested 16 men on Sunday, believed to be members of the National Socialist Network, following a march through Adelaide’s CBD. Most of the men were said to be from interstate, including a 25-year-old man from Western Australia who was charged with using a Nazi symbol. 

    “The neo-Nazi rally in Adelaide, that pointedly began at the War Memorial, was shocking. The rise of far-right movements in this country and their influence cannot be ignored,” Commissioner Sivaraman said. 

    “This was a day of national significance which is also a day of sorrow and remembrance for many First Nations people. The choice of these men to march on this specific day is a brazen act of hate and division which we must unite against.  

    “These rallies are a horrific manifestation of what happens when racism is normalised – to the extent that neo-Nazis are emboldened to be on our streets again and again as a threatening force. We must properly name and confront the racism ingrained across our society. 

    “Politicians and other prominent figures need to be careful that their language doesn’t embolden these acts of hatred. The media needs to be careful about which ideologies it platforms and how. We must never forget that the worst mass murder committed by an Australian in recent times was by a white supremacist in Christchurch in 2019. 

    “The far-right extremism of these white supremacists is a threat that must be taken seriously. First Nations peoples, Jews, Muslims, trans people, and migrants and refugees are on the frontlines of this hatred.  

    “If we really want to target these and other similar threats, the only way forward is national anti-racism action that addresses the roots of this ideology in Australia. It is the ultimate antidote to racism and its violence. 

    “The National Anti-Racism Framework we released last year recommends Australian governments develop and fund community-informed early intervention solutions to address far-right extremism and white supremacy at its roots. 

    “These solutions must focus on prevention and community wellbeing as well as providing redress for the harms experienced by targeted individuals and communities. There is still time to act before even more communities are harmed.” 

    Commissioner Sivaraman will deliver a keynote address on addressing racism at the Multicultural Communities Council of South Australia Harmony Day lecture on 18 March in Adelaide.  

    ENDS | Media contact: media@humanrights.gov.au or 0457 281 897 (only calls, no texts please) 

    MIL OSI News –

    January 28, 2025
  • MIL-Evening Report: DeepSeek shatters beliefs about the cost of AI, leaving US tech giants reeling

    Source: The Conversation (Au and NZ) – By Michael J. Davern, Professor of Accounting & Business Information Systems, The University of Melbourne

    Almost A$1 trillion (US$600 billion) was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese start up, DeepSeek, threatened to upend the US tech market.

    While Nvidia suffered the biggest one-day loss in sharemarket history, other tech giants – Microsoft, Alphabet and Amazon, who are investing heavily in competing AI tools including ChatGPT and Gemini – were also hit.

    The rout was caused by investors’ shock at the claimed performance of DeepSeek’s new R1 chatbot. The Chinese AI was reported to be more advanced than its competitors and less expensive to develop.

    DeepSeek R1 has soared, becoming the top free downloaded app on Apple’s app store, as US technology and related stock prices fell dramatically.

    Why tech stocks took a deep dive

    The market was surprised by DeepSeek providing what amounts to cheaper technology but comparable performance.

    This has dramatically changed the market’s expectations of computing power, showing more can be done for less. It has also compromised the competitiveness of the US tech companies’ existing AI products and developments.

    Stock prices are driven by market expectations. The claimed performance of DeepSeek R1 prompted a major revision of expectations about what was technologically possible and about how cheaply AI could be developed and operated.

    Investors have rapidly incorporated the news of a low-cost Chinese AI competitor into stock prices, anticipating this new entrant could disrupt the market and erode the competitive advantage of existing leaders.

    Who is DeepSeek and what is R1?

    DeepSeek was founded in 2023 by Chinese hedge fund High Flyer, which had been exclusively using AI in trading since 2021.

    DeepSeek develops large language models (LLMs) that can underpin chatbots and other AI-based tools. R1 is the latest iteration of DeepSeek’s chatbot and underlying model. It builds on earlier versions of generative AI models developed by DeepSeek, and considerable amounts of data, but is a surprising leap forward in performance and cost.

    CAPTION TO GO HERE.
    Koshiro K/Shutterstock

    Technology investors believe R1 matches or outperforms competitors, including OpenAI’s ChatGPT 4.o1 on numerous benchmarks.

    However, there are some key differences:

    1. The model underlying R1 operates in a much less intensive manner. It is much cheaper to develop and run, requiring less data and computing power.

    2. The training of the model was possible despite the US export ban preventing Chinese companies such as DeepSeek from accessing chips from US companies such as Nvidia. The Biden administration had introduced laws restricting the sale of certain computer chips and machinery to China, in a move intended to block its rival from accessing some of the world’s most advanced technology.

    3. The training data and data uploaded to R1 sit on servers in China. Given concerns about data privacy and intellectual property have already been raised about US-based companies, having data under jurisdiction of the Chinese Communist Party (CCP) is arguably even more concerning.

    4. The chatbot program code is free to download, read and modify, unlike ChatGPT. This is however somewhat a false transparency – what matters more is the underlying model, not the Chatbot code.

    5. R1 is known to censor its responses in line with Chinese Communist Party values.

    The future of AI and tech stocks

    It is unknown whether this crash in price of tech stocks is an irrational panic that will reverse, or whether it simply reflects correct pricing. The future costs and benefits of AI are still uncertain.

    This is both a technological and an economic question.

    In technological terms, it is yet to be seen whether R1 really does require less computing power and less data to train and use.

    Economically, there are potential winners and losers. AI users may win with cheaper access to AI, and LLMs in particular, leading to increased adoption and associated productivity gains. Existing producers such as Nvidia may lose out in what was a market with few real competitors.

    More broadly, society may benefit from less computationally intensive, and therefore more energy-efficient, AI. However, the geopolitical risk of a single country capturing the market, together with concerns about data privacy, intellectual property and censorship may outweigh the benefits.

    Michael J. Davern has previously received funding from CPA Australia for industry research into Artificial Intelligence.

    Matt Pinnuck 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. DeepSeek shatters beliefs about the cost of AI, leaving US tech giants reeling – https://theconversation.com/deepseek-shatters-beliefs-about-the-cost-of-ai-leaving-us-tech-giants-reeling-248424

    MIL OSI Analysis – EveningReport.nz –

    January 28, 2025
  • MIL-OSI: Haffner Energy, LanzaJet, and LanzaTech Join Forces to Unlock Alcohol-To-Jet SAF Production from Biomass Residues

    Source: GlobeNewswire (MIL-OSI)

    VITRY-LE-FRANÇOIS, France and CHICAGO, Jan. 28, 2025 (GLOBE NEWSWIRE) —

    Haffner Energy, a leading advanced solid biomass-to-clean fuels solutions provider, LanzaTech, a carbon management company providing a differentiated syngas-to-ethanol solution, and LanzaJet, the leading ethanol-to-jet technology company and fuels producer, announce today they are working together to explore joint biomass-to-Sustainable Aviation Fuel (SAF) projects covering the entire production value chain.

    The three companies are exploring SAF production opportunities, including the development of commercial plants, joint technology licenses, and offtake opportunities as they become available, and funding support and/or investment in specific SAF projects.

    “The three companies together demonstrate the type of partnership and technology alignment this industry will need to be successful in meeting the global demands of aviation,” says LanzaJet CEO Jimmy Samartzis. “CirculAir™, the joint product between LanzaJet and LanzaTech, brings together our proprietary technologies to create low-carbon SAF from a variety of feedstocks, including discreet biomass sources. The technology developed by Haffner Energy further opens new opportunities for additional SAF production because it is biomass-agnostic.

    France-based Haffner Energy relies on its 31-years of experience to design, manufacture, supply, license, and operate proprietary disruptive clean fuels solutions using all types of biomass residues wet or dry, including agricultural and municipal waste.

    LanzaJet, a U.S.-based company with operations around the world, has a leading, exclusive, and patented Alcohol-to-Jet (ATJ) technology. LanzaJet is backed by global airport operator group Aéroports de Paris (ADP), British Airways, Airbus, Southwest Airlines and Microsoft, among others. In 2024 LanzaJet was named to the TIME100 Most Influential Companies list, and opened the world’s first commercial-scale ATJ plant in the U.S.

    LanzaTech is a proven leader in commercial-scale carbon management solutions, with operations worldwide that transform waste carbon into valuable raw materials, such as ethanol. Ethanol is the essential input required to produce SAF through the ATJ pathway. LanzaTech’s waste-based ethanol provides a tremendous resource for the scalability of the ATJ pathway and CirculAir™, the initiative unveiled last year by LanzaTech and LanzaJet, formally brings together both companies’ technologies into one integrated solution to take advantage of the immense opportunity in using waste-based feedstocks for SAF production.

    LanzaTech’s extensive experience using synthetic gas (syngas) as a feedstock to produce ethanol coupled with the proven flexibility of Haffner Energy’s proprietary technology to use a wide array of biomass residues to produce syngas, creates a strong foundation upon which to connect LanzaJet’s ATJ technology. The combination of the three companies’ technology unlocks a compelling pipeline of opportunities to develop and build multiple profitable projects together.

    “We are excited to team up with LanzaTech and LanzaJet to develop our first SAF projects together, says Haffner Energy co-founder and CEO Philippe Haffner. We’re confident that CirculAir™ is an exciting pathway, and we look forward to growing our global pipeline together thanks to our combined technologies.”

    Dr. Jennifer Holmgren, Chair and CEO of LanzaTech, and Board Chair of LanzaJet, stated, “The powerful combination of CirculAir and Haffner Energy’s technologies widens the range of waste-based feedstocks able to be used to meet growing SAF demand. Together, our technologies and teaming can drive innovation and economic growth through advanced technology. This partnership is about more than just fuel production; it’s about creating well-paid jobs in rural areas, generating additional value from agricultural and forestry waste, and building new refineries that can bolster local economies.”

    About Haffner Energy

    Haffner Energy designs, manufactures, supplies, and operates biofuel and hydrogen solutions using biomass residues. Its innovative, patented thermolysis technology produces Sustainable Aviation Fuel, as well as renewable gas, hydrogen, and methanol. The company also contributes to regenerating the planet through the co-production of biogenic CO2 and biochar. A family-owned company co-founded 31 years ago by Marc and Philippe Haffner, Haffner Energy has been working from the outset to decarbonize industry and all forms of mobility, as well as governments and local communities. Further information is available at https://​www.haffner-energy.com.

    About LanzaJet

    LanzaJet is a leading alternative fuels technology and engineering company with a patented Alcohol-to-Jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by catalyzing the deployment of SAF and other energy solutions capable of building new industries, creating next generation jobs, and transforming the global economy. LanzaJet was named to TIME100 Most Influential Companies list in 2024. The company is backed by investors and supporters including: LanzaTech, Suncor, Mitsui, Shell, British Airways, All Nippon Airways, Microsoft, Breakthrough Energy, Southwest Airlines, MUFG, Groupe ADP and Airbus. Further information is available at https://​www.lanzajet​.com/.

    About LanzaTech

    LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its bio-recycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Coty, Craghoppers, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.

    Media relations

    Haffner Energy
    Laetitia Mailhes
    laetitia.mailhes@haffner-energy.com
    +33 (0)6 07 12 96 76

    LanzaJet
    Meg Whitty
    meg.whitty@lanzajet.com
    +1 (515) 554 4244

    LanzaTech
    Kit McDonnell
    press@lanzatech.com
    +1 (630) 205-5800

    Investor relations

    Haffner Energy
    investisseurs@haffner-energy.com

    LanzaTech
    investor.relations@lanzatech.com

    The MIL Network –

    January 28, 2025
  • MIL-OSI United Nations: IOM and Partners Launch Project to Strengthen Environmental Health Awareness in Lebanon 

    Source: International Organization for Migration (IOM)

    Beirut, Lebanon – December 2024 – In cooperation with the Ministry of Public Health in Lebanon, the International Organization for Migration (IOM), together with Seed Global Health, has launched the “Environmental Health Capacity and Awareness Strengthening in Primary Healthcare Facilities” project. This initiative aims to empower healthcare workers at selected primary healthcare centers across Lebanon by addressing the growing challenges of climate-related health impacts.   

    A recent study by the Lebanese Red Cross Climate Center highlighted the significant health risks posed by climate change in Lebanon. Rising temperatures and extreme weather events increase the risks of heat-related health issues, including heatstroke and dehydration, particularly in urban areas. Furthermore, climate change in Lebanon is expected to worsen water scarcity and quality, with more frequent droughts, variable rainfall, and disrupted agriculture. This will lead to higher risks of waterborne diseases, malnutrition, and food insecurity, further straining Lebanon’s already fragile healthcare system.  

    The project, which will run from January to April 2025, is aligned with the Ministry of Public Health’s National Strategy and brings together interdisciplinary expertise to strengthen the health sector’s resilience.  

    Dr. Firas Abiad, the Minister of Public Health in Lebanon stated: “Public, private and peripheral hospitals have proven their critical role during the Lebanese conflict, not only in providing care but also in addressing the broader health needs of the population. While the priority for international support to Lebanon remains the health sector, we must seize this opportunity to advance in all areas, including environmental health. Strengthening environmental health measures will ensure that facilities across Lebanon can provide safer, and more sustainable healthcare services. A resilient health system integrates environmental health into its foundations to safeguard the well-being of both residents of the region and the Lebanese population.” 

    Dr. Vanessa Kerry, CEO of Seed Global Health, said, “Health workers are our frontline defense against the impacts of climate change on health and it is crucial they are equipped with the necessary knowledge and skills to better understand and respond to these impacts. Seed Global Health is proud to partner with IOM and others to ensure people in Lebanon and elsewhere are better protected against the growing threat of climate change on health.”  

    The project will take a phased approach, starting with a comprehensive needs assessment to evaluate the knowledge, attitudes, and practices (KAP) of primary healthcare staff regarding environmental health and climate change. The results will inform tailored training programs, equipping healthcare workers with the tools to address climate-health challenges. Key activities include developing gender-sensitive, equity-focused survey tools, engaging stakeholders, and gathering actionable data to enhance preparedness and capacity.  

    The project will be supported by technical experts from global and academic institutions, including the University of Melbourne and its Climate CATCH Lab, and will involve active collaboration with local stakeholders such as the Ministry of Public Health, PHCC managers, and NGOs.  

    About the Project  

    This initiative reflects IOM’s commitment to addressing the intersection of climate change and health. The project’s key outcomes include a final needs assessment report, recommendations for future capacity-building efforts, and a roadmap for sustained environmental health interventions.  

    About Seed Global Health  

    Seed Global Health partners with governments, health professional schools, hospitals, and clinics to educate health workers, strengthen the quality of health services, and support policies that enable health professionals to deliver high-quality services to those in need. To date, Seed Global Health has trained more than 45,000 health workers who work in health facilities serving over 76 million people. 

    For more information, please contact:
    In Lebanon: Joelle Mhanna, jmhanna@iom.int

    MIL OSI United Nations News –

    January 28, 2025
  • MIL-OSI: Netcompany – Interim report for the 12 months ended 31 December 2024 and Annual Report 2024

    Source: GlobeNewswire (MIL-OSI)

    Company announcement
    No. 06/2025

                                                     28 January 2025

    Continued growth and margin improvement in a challenging market
    Summary full year 2024

    • For the full year, Netcompany grew revenue by 7.6% (constant 7.4%) to DKK 6,540.6m, in line with guidance.
    • Adjusted EBITDA was DKK 1,097.9m in 2024 compared to DKK 901.2m in 2023. Adjusted EBITDA margin was 16.8% for 2024 (constant 16.9%) compared to 14.8% in 2023.
    • Average workforce increased to 8,007 FTEs.
    • Free cash flow in 2024 was DKK 821.1m compared to DKK 552.1m in 2023.
    • Cash conversion ratio increased to 147.1% in 2024 from 135.1% in 2023.
    • Debt leverage was 1.2x.
    • For 2025, Netcompany expects revenue growth in constant currencies of between 5% and 10% and adjusted EBITDA margin measured in constant currencies is expected to be between 16% and 19%.

    Performance highlights Q4

    • Revenue increased by 6% to DKK 1,678.2m in reported currencies and by 5.7% in constant currencies.
    • Adjusted EBITDA increased 12.8% to DKK 275.3m in Q4. Adjusted EBITDA margin was 16.4% (constant 16.5%) compared to 15.4% in Q4 2023.
    • Average workforce increased by 484 FTEs to 8,249 FTEs.
    • Free cash flow was DKK 532.4m.  
    • Cash conversion ratio (tax normalised) was 407.8%.

    “We realised revenue growth of 7.6% (constant 7.4%) and adjusted EBITDA margin of 16.8% (constant 16.9%) in 2024, which was another year of high macro and geopolitically uncertainty.

    I am pleased to see the impacts of our significant investment into our operation materialising in continued growth and an improvement of more than 53% in our earnings compared to last year. This, combined with the significant work spent on business development in the last quarter of the year comforts me in Netcompany’s ability to deliver continued growth and margin expansion going forward.

    During the year we have welcomed more than 1,700 new employees to our Group and at the end of 2024 we were more than 8,250 impressive individuals whom, together with our customers, will pave the way forward for continued success – for all parties.

    Despite the continued uncertainty on both macro and geopolitical matters we expect to grow between 5% and 10%, and deliver an adjusted EBITDA margin of between 16% and 19% in 2025. At the same time, we reiterate our mid-term adjusted EBITDA margin target of 20%, but defer the timing for realising DKK 8.5bn in revenue to 2027. We remain committed to a total redistribution of cash of at least DKK 2bn to our shareholders by 2026, however, due to ongoing strategic considerations we are not initiating a new share buyback programme at this particular point in time.

    These are truly exiting times, and I look forward to continue to grow Netcompany successfully with all our stakeholders in 2025.”

    André Rogaczewski,
    Netcompany CEO and Co-founder

    Financial overview
    For full details on financial performance, see enclosed Company announcement Q4 2024 and Annual Report 2024 (incl. iXBRL)

    Conference details
    In connection with the publication of the results for Q4 2024, Netcompany will host a conference call on 28 January 2025 at 11.00 CET.

    The conference call will be held in English and can be followed live via the company’s website; www.netcompany.com

    Dial-in details for investors and analysts
    DK: +45 7876 8490
    UK: +44 203 769 6819
    US: +1 646 787 0157
    PIN: 598046

    Webcast Player URL: https://netcompany-as.eventcdn.net/events/annual-report-2024

    Additional information
    For additional information, please contact:

    Netcompany Group A/S
    Thomas Johansen, CFO, +45 51 19 32 24
    Frederikke Linde, Head of IR, +45 60 62 60 87

    Attachments

    The MIL Network –

    January 28, 2025
  • MIL-OSI: ING to sell its business in Russia to Global Development JSC

    Source: GlobeNewswire (MIL-OSI)

    ING to sell its business in Russia to Global Development JSC

    ING announced today that it has reached an agreement on the sale of its business in Russia to Global Development JSC, a Russian company owned by a Moscow-based financial investor with a background in factoring services. This transaction will effectively end ING’s activities in the Russian market. Under the terms of the agreement, Global Development will acquire all shares of ING Bank (Eurasia) JSC, taking over all Russian onshore activities and staff. Global Development intends to continue to serve customers in Russia under a new brand. The transaction, which has been preceded by extensive due diligence, is subject to various regulatory approvals and is expected to be closed in the third quarter of 2025.

    Since February 2022, ING has taken on no new business with Russian companies, has scaled down operations and has taken actions to separate the business from ING’s networks and systems. At the same time ING’s total lending exposure to Russian clients has been reduced by more than 75%.

    ING expects a negative P&L impact of around €0.7 billion post tax. This includes an estimated book loss of around €0.4 billion, representing the difference between the sale price and the book value of the business, which would have a negative impact of around 5 basis points on ING’s CET1 ratio. It also includes an estimated negative impact of around €0.3 billion from recycling the currency translation adjustment through P&L, that is currently booked in equity for past changes of the value of ING Bank (Eurasia) JSC as a result of exchange rate movements. This currency translation adjustment recycling will not affect ING’s CET1 ratio and resilient net profit.

    After the transaction, ING will continue to further reduce its offshore exposure to Russian clients. This exposure, which is booked by other ING entities outside of Russia, amounted to €1.0 billion as of 30 September 2024, of which €0.5 billion is under ECA or CPRI cover.

    Note for editors

    For more on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via X @ING_news feed. Photos of ING operations, buildings and its executives are available for download at Flickr.

    ING PROFILE
    ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.

    ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

    ING aims to put sustainability at the heart of what we do. Our policies and actions are assessed by independent research and ratings providers, which give updates on them annually. ING’s ESG rating by MSCI was reconfirmed by MSCI as ‘AA’ in August 2024 for the fifth year. As of December 2023, in Sustainalytics’ view, ING’s management of ESG material risk is ‘Strong’. Our current ESG Risk Rating, is 17.2 (Low Risk). ING Group shares are also included in major sustainability and ESG index products of leading providers. Here are some examples: Euronext, STOXX, Morningstar and FTSE Russell. Society is transitioning to a low-carbon economy. So are our clients, and so is ING. We finance a lot of sustainable activities, but we still finance more that’s not. Follow our progress on ing.com/climate.

    Important legal information

    Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).

    ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting principles are applied as in the 2023 ING Group consolidated annual accounts. All figures in this document are unaudited. Small differences are possible in the tables due to rounding.

    Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behaviour, in particular economic conditions in ING’s core markets, including changes affecting currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures (2) changes affecting interest rate levels (3) any default of a major market participant and related market disruption (4) changes in performance of financial markets, including in Europe and developing markets (5) fiscal uncertainty in Europe and the United States (6) discontinuation of or changes in ‘benchmark’ indices (7) inflation and deflation in our principal markets (8) changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness (9) failures of banks falling under the scope of state compensation schemes (10) non-compliance with or changes in laws and regulations, including those concerning financial services, financial economic crimes and tax laws, and the interpretation and application thereof (11) geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of Russia into Ukraine and the related international response measures (12) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (13) prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (14) ING’s ability to meet minimum capital and other prudential regulatory requirements (15) changes in regulation of US commodities and derivatives businesses of ING and its customers (16) application of bank recovery and resolution regimes, including write down and conversion powers in relation to our securities (17) outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions, including claims by customers or stakeholders who feel misled or treated unfairly, and other conduct issues (18) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including FATCA (19) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business and including any risks as a result of incomplete, inaccurate, or otherwise flawed outputs from the algorithms and data sets utilized in artificial intelligence (20) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy, including such risks and challenges as a consequence of the use of emerging technologies, such as advanced forms of artificial intelligence and quantum computing (21) changes in general competitive factors, including ability to increase or maintain market share (22) inability to protect our intellectual property and infringement claims by third parties (23) inability of counterparties to meet financial obligations or ability to enforce rights against such counterparties (24) changes in credit ratings (25) business, operational, regulatory, reputation, transition and other risks and challenges in connection with climate change and ESG-related matters, including data gathering and reporting (26) inability to attract and retain key personnel (27) future liabilities under defined benefit retirement plans (28) failure to manage business risks, including in connection with use of models, use of derivatives, or maintaining appropriate policies and guidelines (29) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide the liquidity and capital required to fund our operations, and (30) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING’s more recent disclosures, including press releases, which are available on www.ING.com.

    This document may contain ESG-related material that has been prepared by ING on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. ING has not sought to independently verify information obtained from public and third-party sources and makes no representations or warranties as to accuracy, completeness, reasonableness or reliability of such information.

    Materiality, as used in the context of ESG, is distinct from, and should not be confused with, such term as defined in the Market Abuse Regulation or as defined for Securities and Exchange Commission (‘SEC’) reporting purposes. Any issues identified as material for purposes of ESG in this document are therefore not necessarily material as defined in the Market Abuse Regulation or for SEC reporting purposes. In addition, there is currently no single, globally recognized set of accepted definitions in assessing whether activities are “green” or “sustainable.” Without limiting any of the statements contained herein, we make no representation or warranty as to whether any of our securities constitutes a green or sustainable security or conforms to present or future investor expectations or objectives for green or sustainable investing. For information on characteristics of a security, use of proceeds, a description of applicable project(s) and/or any other relevant information, please reference the offering documents for such security.

    This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING’s control.

    Any forward-looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

    This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States or any other jurisdiction.

    Attachment

    • PR – ING to sell its business in Russia to Global Development JSC

    The MIL Network –

    January 28, 2025
  • MIL-OSI China: Tensions remain high in DR Congo amid rebellion attacks in major city

    Source: China State Council Information Office

    The United Nations (UN) staff and their family are seen outside the UN peacekeeping mission bureau in Goma, North Kivu province, eastern Democratic Republic of the Congo (DRC), Jan. 25, 2025. [Photo/Xinhua]

    Tensions remained high in the Democratic Republic of the Congo (DRC) on Tuesday as the March 23 Movement (M23) rebellion advanced in the country’s North Kivu and South Kivu provinces.

    President of the DRC Felix Tshisekedi is expected to address the nation amid the humanitarian crisis and major advances by the rebellion in the eastern part of the country, a DRC official said late Monday. However, he did not specify the exact time of the president’s national address.

    Vital Kamerhe, president of the National Assembly, the country’s lower house of parliament, made the announcement after a high-level meeting chaired by Tshisekedi on the humanitarian and security situation in Goma, the capital of the North Kivu province, which is currently facing attacks by the rebels.

    Since Sunday evening, gunfire has been heard across Goma, a city with over 700,000 internally displaced people living on its outskirts. On Monday morning, fighting intensified in various parts of the city, including areas near the border with Rwanda, local sources told Xinhua.

    “Active combat zones have spread to all neighborhoods of the city,” Bruno Lemarquis, the deputy U.N. envoy and top U.N. humanitarian official in the DRC, told a news conference on Monday. The situation in Goma remains “fast-evolving,” he added.

    Other local sources said the rebels gained the upper hand after capturing Mount Goma, a strategic hill 1,500 meters above sea level in the city’s center. Several M23 columns entered neighborhoods in the city, and residents saw their movement along both major and minor roads.

    According to UN sources, the border between Rwanda and the DRC near Goma was closed Monday morning. For several days, a significant number of Goma residents crossed the border to seek refuge in Gisenyi, a Rwandan town bordering the DRC, where panic has been mounting amid reports of gunfire.

    In its latest statement released early Monday, M23 announced that the “liberation of the city has been completed” and that “the situation is under control” following a 48-hour ultimatum given to Congolese soldiers.

    According to sources in the UN peacekeeping mission, the rebel group has taken over several important facilities, including the airport, the port, and a DRC military base. The latest report from a UN group of experts said the rebels have also seized several towns and established a parallel administration.

    A second emergency meeting of the UN Security Council is expected to be held on Tuesday over the security situation in eastern DRC.

    UN Secretary-General Antonio Guterres said on Sunday that he was deeply concerned by the escalating violence in eastern DRC and reiterated his strongest condemnation of the M23 armed group’s ongoing offensive and advances towards Goma.

    Guterres called on the M23 to immediately cease all hostile actions and withdraw from occupied areas. More than 400,000 people have been displaced since the start of 2025 in the eastern DRC, according to the UN.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI NGOs: Their Profits, Our Loss: International oil and gas companies’ 2024 profits

    Source: Greenpeace Statement –

    SYDNEY, Tuesday 28 January 2025 — Interested media are advised of the annual results announcements by some of the world’s largest oil and gas companies for 2024, which was confirmed to be the hottest on record. This includes Australian-based gas giant Woodside. 

    As LA continues to burn and extreme weather events impact regions across the world, Greenpeace spokespeople in Australia and globally are available to discuss the role of oil and gas majors in fuelling climate chaos. Spokespeople can also present Greenpeace’s demand that governments worldwide introduce equitably designed taxes and fines to reclaim money from the industry to pay for the spiralling costs of extreme weather events.

    Annual profit announcements will be made in the coming weeks:

    • Shell: 30 January
    • ExxonMobil: 31 January
    • Chevron: 31 January 
    • TotalEnergies: 5 February
    • Equinor: 5 February 
    • BP: 6 February 
    • Woodside: 25 February

    Solaye Snider, Climate and Energy campaigner at Greenpeace Australia Pacific, said: “Off the back of the hottest year on record, Woodside will soon announce its annual profits from extracting and exporting fossil fuels. Right now, much of Australia is gripped by an extreme heatwave stretching from Perth to Brisbane, with sweltering temperatures, wild storms and flash flooding battering communities across the country.

    “In the midst of a cost of living crisis, it’s not right that fossil fuel executives are taking home million dollar pay cheques while fuelling climate destruction across the globe. Everyday Australians should not be footing the bill for climate-fuelled disasters, while fossil fuel corporations like Woodside and Santos continue to profit. Big polluters should pay for the damage their reckless pursuit of profit is causing to communities and the environment across the world.”

    Ian Duff, Co-Head of Greenpeace International’s Stop Drilling Start Paying campaign, said: “The annual profits of oil and gas companies are driving our losses. While their earnings go from extremely high to very high, their pollution remains at record levels. Ordinary people can no longer foot the bill for the greed of dirty energy companies or bear the costs for loss and damage which are fuelled by Big Oil’s emissions. Governments must stand with the people – not the oil and gas lobby – and finally enforce the Polluters Pay principle.” 

    The Greenpeace Stop Drilling Start Paying global campaign is working with millions of people to stop oil and gas companies from expanding, resist their intimidation, and ensure they pay for climate damages already felt by people across the world. greenpeace.org.au/act/make-polluters-pay

    -ENDS-

    For more information or interviews contact Kate O’Callaghan on 0406 231 892 or [email protected]

    MIL OSI NGO –

    January 28, 2025
  • MIL-OSI Australia: Interview with Hamish Macdonald, Sydney Mornings, ABC Radio

    Source: Australian Treasurer

    Hamish Macdonald:

    Are you finding the cost of living getting any better this year, or are things as tight as they ever have been? The federal Treasurer, Jim Chalmers, is pointing some good news on inflation this morning. The latest quarterly figure show petrol, furniture, games, toys all down – the biggest price fall, though, seems to be electricity down almost 16 per cent, that’s due largely to those household energy rebates.

    So what I want to hear from you this morning is, are you noticing any of this? How’s the bank statement looking at the end of the month? 1300 222 702 is the number. Let me know what you’re thinking about this. And perhaps the big question is, might these numbers point to a cut in your mortgage rates anytime soon? Jim Chalmers is here, good morning.

    Jim Chalmers:

    Good morning Hamish, thanks for having me on your show.

    Macdonald:

    We haven’t been getting a lot of good news on the cost‑of‑living front for some time. Have you got any good news for us this morning?

    Chalmers:

    Well, tomorrow we’ll get a big update on the inflation numbers in our economy. And first of all, I want to acknowledge that even at the same time as we are making as a country very substantial, very now sustained progress on the fight against inflation, we know that people are still under pressure. I suspect when people call into the program after the interview, they will convey that to you as they convey that to us, and we take that very seriously – but in aggregate, in the in the national economic data, what we have seen over the last couple of years is a quite remarkable moderation in inflation. Remember, when we came to office, inflation was higher than 6 per cent and rising. It’s now got a 2 in front of it.

    So we’ll get that update tomorrow. It will remind us of that substantial progress that we’ve made on inflation. Any number with a 2 in front of it will show that inflation has more than half since this government came to office. Any number with a 2 in front of it in the headline number will show that it’s within the Reserve Bank’s target band. Any progress on underlying inflation would be welcome as well. But we know that it doesn’t always immediately translate into how people are feeling and faring in the economy. We know that people are still battling to make ends meet.

    Macdonald:

    How do you explain that? Because obviously that’s what I hear from Sydney listeners. It’s obviously what people come and talk to you about; the sense that maybe the statistics, maybe the trend lines, are pointing to things getting better, but that it doesn’t necessarily feel that way. How do you explain that?

    Chalmers:

    Because the fight against inflation isn’t over. You know, it’s not mission accomplished, even if we get very encouraging numbers tomorrow, as we have been getting encouraging inflation numbers for some months now, you know, we would recognise that it’s not, it’s not mission accomplished – because people are still dealing with stresses and strains in their household budget.

    But what’s happened over the last 2 and a half years since this government’s come to office, is inflation’s come down very substantially, but what we’ve been able to do, unlike a lot of other countries, is we’ve been able to do that at the same time as we’ve got wages up, we’ve kept unemployment very low, we’ve got the budget into better condition. Even though we recognise those pressures are still there, we shouldn’t diminish what Australians have achieved together over the course of the last couple of years. Not every country has been able to do what we’ve been able to do, to get inflation down and wages up and unemployment low, all at the same time.

    I think it’s possible to do, as we do, to recognise those pressures are still there. It’s still very important that we’re rolling out those tax cuts, the energy bill relief that you referred to, and all the cost‑of‑living help that Peter Dutton opposed. That’s still important that we roll it out because people are under pressure. But we should recognise at the same time that we’ve made substantial and sustained progress in the fight against inflation and those new numbers tomorrow will reflect that.

    Macdonald:

    Now, I know you don’t speculate on the Reserve Bank will or won’t do when it meets, but a lot of people are very focused on that February meeting. People here in Sydney are really feeling it with home loan repayments. Do you think this year will be a better year?

    Chalmers:

    Well, I do acknowledge – especially in Sydney, but not just in Sydney – that interest rates, which started going up before the election, have gone up a number of times. They are one of the causes of this cost‑of‑living pressure that people are enduring and trying to deal with. So I do recognise that. You’re right, that I don’t make commentary or predictions or try and give free advice to the independent Reserve Bank. I focus on my job, which is doing what we can to fight inflation and roll that cost‑of‑living relief in a responsible way, keep unemployment low, get wages growing, all of those things that we’ve been talking about this morning. I leave the predictions or the commentary about rates decisions to others, to the independent Reserve Bank, primarily, and also to all of the other commentators who are interested in this at the moment.

    Macdonald:

    Sure, but this is really a question about what might unfold around those things this year. I mean, you must think about all the time. As most Sydneysiders with mortgages would as well.

    Chalmers:

    I do, and in the broad, in the main, I think that there are real reasons for people to be confident about 2025 – acknowledging that the last few years have been especially difficult for people, I think there is good cause for confidence, not complacency, about our economy in 2025 for a couple of reasons.

    First of all, we are making progress on inflation. We have got those real wages growing. We have kept the jobs market in really quite extraordinary condition. So all of those things will flow through into some of the other indicators, we expect growth in our economy to pick up a little bit, not a lot, a little bit, and that will be a good thing – but primarily the reason why people can be more confident about 2025 than 2024 is we’re seeing some of the fruits of our collective efforts. If you look at that most recent data we got from the national accounts – which is the big report card on our economy – growth was weak in our economy, but the combination of real wages growing again, inflation coming down and the tax cuts rolling out, means that we are starting to make up some of the ground that’s been lost over the last few years when it comes to living standards. And so that does give me a bit more confidence, not getting carried away about 2025 – there’s still a lot of global economic uncertainty, for example. But we are more confident about 2025 than we have been about the last couple of years.

    Macdonald:

    I read a piece, you’ve written an op‑ed in News Limited publications in the last few days. And you say every taxpayer is better off as a result of the decision you took 12 months ago, that’s obviously referring to changes you made to the stage 3 tax cuts. You say not just some, and those benefits will be even bigger from July this year. It seems to me that this is going to be a central question at the election, because Peter Dutton is saying are you better off after a term of the Albanese government? It’s pretty obvious a lot of people don’t necessarily feel better off. So the question is, would we all be better off if you’re re‑elected. It sounds like you’re making an argument to say we would be. Why is that?

    Chalmers:

    Well, the point I’m referring to in that piece I wrote for the media is that as we get wages growing, the tax cuts get bigger as well. I see those 2 things really as of a piece. You know, we’re all about making sure people can earn more and keep more of what they earn, getting wages growing, giving every Australian taxpayer a tax cut, getting inflation down, keeping unemployment low. These are our objectives, and these are the things that we have been achieving as a government, recognising that a lot of the pressures are still there.

    Now, you asked me about the choice at the election. I think one of the most important things for people to understand as we get nearer and nearer to this election is that if Peter Dutton had his way, not every taxpayer would’ve got a tax cut. No households would’ve got energy bill relief. They like lower wages, he went after Medicare when he was the Health Minister. The biggest risk to household budgets, and I think to the economy more broadly in 2025, is Peter Dutton and a Coalition government. And we know that they are a risk to household budgets because we know their record on some of these things: Medicare, wages, cost‑of‑living relief and the like.

    Macdonald:

    Just on that, though – you’re taking a pretty big swing there, the opposition says that they would tame the budget more, this would get our economy moving better, and we’d all benefit from that. So some of these pressures would reside. How do you answer that?

    Chalmers:

    Well, they have 2 economic policies, Hamish. One is taxpayer funded long lunches for bosses, and the other one is to push up electricity prices with this nuclear insanity that they’re pushing. Those are the 2 economic policies that they have announced. They say there’s hundreds of billions too much spending in the Budget, but they won’t come clean on what the cuts would be if they came to office. We know that after many cared last time, so it’s within our rights to point out. But the key question here really is the cost of living in this election campaign. People would have been worse off by thousands of dollars over the last couple of years if Peter Dutton had have his way, and they’ll be worse off still if he wins the election. And that is part of the choice that people will weigh up as we get closer and closer to election day this year.

    Macdonald:

    I’m talking to the federal Treasurer Jim Chalmers, I should make it clear we have been talking to Peter Dutton about joining the program to speak to you here in Sydney as well. We hope that will happen very soon.

    Jim Chalmers, a text from Jeff asking this: Hamish, ask Jim what’s caused the deep per capita recession we’re in? Why they run immigration at unheard of levels during a housing crisis?

    Chalmers:

    Well Jeff, a couple of things about your question – I appreciate you texting in. First of all, on migration, we saw a big recovery in the numbers after COVID, but we’re managing that level down to more normal levels, and we expect to see the fruits of that over the next year or 2. So that’s part of your question. When it comes to the per capita measure of growth in our economy, growth in our economy is remarkably weak, we have acknowledged that – but unlike a lot of other countries around the world, we’ve actually managed to keep the economy growing.

    The UK has had a recession, New Zealand is in recession right now, most of the OECD countries have had a negative quarter of growth. We’ve been able to avoid that, but growth is weak in the economy, and we see that reflected in the per capita measure. If you take a step back – Jeff and Hamish and all your listeners – acknowledging the pressures that people are under, acknowledging growth in our economy is week. We have a combination of things in our economy which a lot of other countries would like. We’ve kept the economy ticking over. We’ve got inflation down, we’ve got wages up, we’ve kept unemployment low, we’ve delivered 2 budget surpluses, we’ve got the Liberal debt down, and that means we’re paying less interest on it. All of these things are good things. We don’t pretend the job is finished – obviously it’s not because people are still under pressure and we know we’ve got more work to do, but the biggest risk to this progress would be a Dutton Coalition government who would make people worse off, not better off.

    Macdonald:

    For all of that, that list you rattle off about what you say are your achievements, many Australians are not that happy with you. You know, the polls – I don’t want to get into poll arguments – pointing to many Australians considering Peter Dutton as Prime Minister. Clearly, the shift is afoot in terms of polling. Why are you not getting credit for it, then?

    Do you acknowledge that perhaps Australians are feeling quite so positive and optimistic as you paint it?

    Chalmers:

    I think I’ve acknowledged that probably half a dozen times in the course of this conversation, Hamish – that people are under pressure, I think you see that reflected in opinion polls. Obviously I notice these opinion polls, I don’t obsess over them – the numbers I’m focused on are the numbers in the economy, but I think I’ve acknowledged numerous times today that people are still under pressure and we see that reflected in the polls.

    Macdonald:

    A question about something slightly related to this: Donald Trump’s established something called a DOGE – a Department of Government Efficiency – that will be led in part by Elon Musk. Peter reshuffled his shadow cabinet and we now have a SMOGE – I think is the abbreviation – a Shadow Minister for Government Efficiency. Now we can see how that worked out for Trump’s opponent. What are you going to do to counter this idea?

    Chalmers:

    What do you mean you can see how this worked out –

    Macdonald:

    – Trump’s opponent. Kamala Harris. She didn’t win. So the question is, how are we going to –

    Chalmers:

    Oh, okay, you’re saying that was decisive in the American election, okay. I think a couple of things about that. I saw that reshuffle that Peter Dutton made on the weekend. I don’t think it’s much of a vote of confidence in Shadow Finance Minister or Shadow Treasurer that he thought it necessary to make that appointment. And I’d also point out that this Labor government, as part of delivering those 2 surpluses and a $200 billion positive turnaround in the Budget and getting the debt down, one of the big reasons for that is this government has found $92 billion worth of savings across 3 Budgets and updates. And what that’s shown is we can find the necessary savings to get the budget in much better nick without making these sorts of announcements that Peter Dutton made.

    I compare that $92 billion in savings to the last Budget of the Coalition government before we came office, which had zero savings in it. What we’ve shown, is we can have all the fancy titles that they like, but we’ve got a Finance Minister in Katy Gallagher and a cabinet for whom responsible economic management is really the defining feature of how we go about managing the budget. We found those savings without finding it necessary to have these kinds of titles that Peter Dutton gave to one of his colleagues on the weekend.

    Macdonald:

    I want to ask you about the position the government’s ended up in on gambling advertising, it seems, a lot of listeners pretty upset about this. We heard from Mary‑Lynne yesterday on the question of gambling ads, and whether she’d vote for your government again.

    [Excerpt]

    Listener:

    Well, I can’t actually see myself going voting for either side at the moment. I think I’m going independent this time, well and truly – but one of my main criticisms is that Albanese came in, was going to do something about the gambling ads. As soon as he was in, he became wishy‑washy about the gambling ads, and there’s been absolutely nothing done about the gambling ads. All through the tennis, all through TV, day and night, we’re up to our eyeballs in gambling ads, and neither side is doing anything about this. And I think it’s just completely a reflection of the lack of action by the government.

    [End of excerpt]

    Macdonald:

    That was Mary‑Lynne speaking to us yesterday.

    Now, I’ve been reading in the papers that the Prime Minister had met with the bosses at the TV networks, the sporting codes, just a fortnight before essentially ditching the plans that you had in place. Did you get rumbled by these big executives on this?

    Chalmers:

    No, of course not. But I do want to acknowledge that there are a lot of people like Mary‑Lynne who want us to go further and faster when it comes to gambling advertising. But where I differ respectfully with Mary‑Lynne’s comments is when I point out that we have actually done a lot when it comes to gambling reform. You know, we introduced Betstop, we introduced the warnings, we banned credit cards from online gambling – and we’ll continue to work through the recommendations of the Murphy inquiry into online gambling, and we are doing a lot of consultation.

    We know that there are a range of views in the community, including Mary‑Lynne’s, but I don’t agree, respectfully, that nothing has happened. We have done probably more to crack down on the harms of online gambling, particularly for young people, than any government before. We acknowledge people want us to do more than that, but we haven’t done nothing.

    Macdonald:

    I want to play a bit of music that I think we familiar to you.

    [Tupac’s Changes plays]

    Now, I think you write the budget to this track. Is that correct?

    Chalmers:

    I listen to it a lot, Hamish. I wasn’t expecting Tupac on Sydney morning radio today, but it’s a real favourite of mine. It’s a very regular feature of my playlist.

    Macdonald:

    So what are you listening to while you write this year’s Budget?

    Chalmers:

    I find that my musical tastes are mellowing over time, and so I listen to a lot of very chilled electronic music now. I still listen to Tupac from time to time, usually on a running playlist rather than a working playlist.

    Macdonald:

    Alright. Treasurer Jim Chalmers, thank you for your time, we appreciate it.

    Chalmers:

    Appreciate your time Hamish, all the best.

    MIL OSI News –

    January 28, 2025
  • MIL-OSI Australia: Mandatory service standards for the superannuation industry

    Source: Australian Treasurer

    The Albanese Government is taking action to raise the bar for member service in superannuation by introducing mandatory and enforceable service standards for all large APRA‑regulated superannuation funds.

    These reforms are all about strengthening the superannuation system by improving member outcomes.

    The new standards will improve how funds engage with their members and put member interests at the heart of service delivery.

    Superannuation is a powerhouse of prosperity for Australians. With a $4.1 trillion system delivering strong returns, workers are retiring with an average balance of over $200,000.

    The Government is ensuring that the same high standards Australians expect in investment performance also apply to member service.

    While most funds offer services that meet or often surpass community expectations, there have been some areas where some funds have fallen short.

    The new standards will initially target critical areas where complaints data shows the greatest need for improvement, such as:

    • The timely and compassionate handling of death benefits;
    • Fair and efficient processing of insurance claims; and
    • Clear, respectful and accessible communications with members.

    Better service is especially important during sensitive and vulnerable moments in members’ lives.

    Super funds have a responsibility to support members or their beneficiaries during these times, not add to their stress.

    Treasury will work closely with consumer advocates, regulators and industry stakeholders to develop the standards. Draft standards will be released for public consultation.

    This reform aligns with the newly legislated objective of superannuation: “to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.”

    It also complements the Government’s retirement phase of super reforms and the Delivering Better Financial Outcomes package, which are about ensuring Australians receive better advice and information, improved products and greater transparency.

    With this reform, the Albanese Government is making sure the superannuation system not only delivers financial security for retirement but does so with fairness and dignity for members along the way.

    MIL OSI News –

    January 28, 2025
  • MIL-OSI USA: January 27th, 2025 Heinrich, Luján Introduce Resolution Condemning Pardons of Individuals Found Guilty of Assaulting Capitol Police Officers

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich
    Resolution comes after Trump pardons 1,500 criminals convicted of violently assaulting police officers
    WASHINGTON — Today, U.S. Senators Martin Heinrich (D-N.M.) and Ben Ray Luján (D-N.M.) introduced a new resolution condemning the pardons of individuals who were found guilty of assaulting Capitol Police Officers.
    The resolution follows the reckless action by President Trump, on the first day of his second term, to grant full, complete, and unconditional pardons to over 1,500 people charged, and in many cases already convicted and incarcerated, with committing crimes in the January 6, 2021 attack on the U.S. Capitol, and to commute the sentences of 14 others, including leaders of the Proud Boys and Oath Keepers, far-right militias. Among those pardoned by Trump were 169 people who pleaded guilty to assaulting police officers on January 6th. During the siege of the Capitol that day, over 80 U.S. Capitol Police Officers were assaulted, as well as over 60 officers from the Washington, D.C. Metropolitan Police Department.
    The senators’ resolution, condemning the pardons for individuals who were found guilty of assaulting Capitol Police Officers, simply states: “Resolved, That the Senate disapproves of any pardons for individuals who were found guilty of assaulting Capitol Police officers.” This week, Senate Democrats will seek unanimous consent on the Senate floor to pass the resolution.
    “These criminals used flagpoles, fire extinguishers and bear spray to assault the police securing the Capitol on January 6. No one who assaults a police officer should be given a ‘get out of jail free card’ from the President,” said Heinrich.
    “What took place at the U.S. Capitol on January 6th is a stain on American history. The events of that have left a scar on many, including the law enforcement officers that defended the Capitol. President Trump’s pardons of violent criminals is a betrayal of the rule of law and our brave law enforcement officers,” said Luján. “I urge my Republican colleagues to join us in condemning this vicious attack on law enforcement and in showing the nation that political violence is unacceptable.”
    According to the U.S. Attorney’s Office for the District of Columbia, approximately 1,572 defendants have been federally charged with crimes associated with the attack of the U.S. Capitol on January 6th. This includes approximately 598 charged with assaulting, resisting, or impeding law enforcement agents or officers or obstructing those officers during a civil disorder, including approximately 171 defendants charged with using a deadly or dangerous weapon or causing serious bodily injury to an officer. As proven in court, the weapons used and carried on the Capitol grounds during the January 6th attack include firearms; OC spray; tasers; edged weapons, including a sword, axes, hatchets, and knives; and makeshift weapons, such as destroyed office furniture, fencing, bike racks, stolen riot shields, baseball bats, hockey sticks, flagpoles, PVC piping, and reinforced knuckle gloves.
    Among others, the individuals who assaulted law enforcement officers and were granted full, unconditional pardons by President Trump this week include:
    Rockne Gerald Earles, of Chama, N.M., who pled guilty last year to two felony assault charges on Capitol Police officers. In one attack, captured on video, Earles wrestled a police officer to the steps outside the Capitol Building. That officer was later hospitalized with a concussion and missed 45 days of work due to his injuries. Earlier this month, federal prosecutors recommended a sentence of 52 months in prison for Earles.
    Taylor James Johnatakis, of Kingston, Washington, was convicted of three felonies in November 2023, including assaulting officers. Prosecutors said that he “coordinated a violent assault on a line of police officers defending” the Capitol and that video shows he “used a metal barricade to attack officers head on and grabbed one officer to prevent him from defending himself against other attacking rioters.”
    Julian Khater, who assaulted a U.S. police office—Brian Sicknick—and later pled guilty to assaulting a police officer with a dangerous weapon.
    Robert Palmer, who attacked police with a fire extinguisher, a wooden plank, and a pole.
    Tyler Bradley Dykes of Bluffton, South Carolina, who was sentenced to 57 months in federal prison for stealing a police riot shield and twice using it against officers. He pleaded guilty to two felony counts of assaulting, resisting or impeding officers.
    Devlyn Thompson, who hit a police officer with a metal baton.
    Andrew Taake, of Houston, Texas, who was sentenced to a little more than six years for assaulting law enforcement officers with bear spray and a metal whip.
    Christopher Quaglin, who federal prosecutors said “viciously assaulted numerous officers” and was one of the most violent rioters, was sentenced to 12 years in federal prison.
    David Dempsey, who, according to prosecutors, “was one of the most violent rioters,” and received 20 years in prison. Prosecutors also said Dempsey had a “very significant history of arrests and convictions” prior to the January 6th attack.
    Daniel Rodriguez, of Fontana, California, who plunged a stun gun into the neck of Washington Police Officer Michael Fanone multiple times.
    Ryan Nichols, of Longview, Texas, who assaulted officers with pepper spray, and later on Jan. 6, at his hotel room, he called for additional violence.
    Howard Richardson, of King of Prussia, Pennsylvania, who struck a police officer three times with a flagpole, hard enough to break the flagpole.
    Robert Sanford, from Chester, Pennsylvania, who hit two police officers in the head with a fire extinguisher and threw a traffic cone at another officer.
    Jonathan Munafo, of Albany, New York, who punched a police officer, stole the officer’s riot shield, and struck a Capitol office window with two poles.
    The resolution is led by U.S. Senators Patty Murray (D-Wash.), Chuck Schumer (D-N.Y.), Chris Murphy (D-Conn.) and Andy Kim (D-N.J.). Alongside Heinrich and Luján, the resolution is cosponsored by U.S. Senators Angela Alsobrooks (D-Md.), Tammy Baldwin (D-Wis.), Michael Bennet (D-Colo.), Richard Blumenthal (D-Conn.), Lisa Blunt Rochester (D-Del.), Cory Booker (D-N.J.), Maria Cantwell (D-Wash.), Chris Coons (D-Del.), Catherine Cortez Masto (D-Nev.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), Ruben Gallego (D-Ariz.), Kirsten Gillibrand (D-N.Y.), Maggie Hassan (D-N.H.), John Hickenlooper (D-Colo.), Mazie Hirono (D-Hawaii), Tim Kaine (D-Va.), Mark Kelly (D-Ariz.), Angus King (I-Maine), Amy Klobuchar (D-Minn.), Ed Markey (D-Mass.), Jeff Merkley (D-Ore.), Jon Ossoff (D-Ga.), Alex Padilla (D-Calif.), Gary Peters (D-Mich.), Jack Reed (D-R.I.), Jacky Rosen (D-Nev.), Bernie Sanders (I-Vt.), Brian Schatz (D-Hawaii), Adam Schiff (D-Calif.), Jeanne Shaheen (D-N.H.), Elissa Slotkin (D-Mich.), Tina Smith (D-Minn.), Chris Van Hollen (D-Md.), Mark Warner (D-Va.), Raphael Warnock (D-Ga.), Elizabeth Warren (D-Mass.), Peter Welch (D-Vt.), Sheldon Whitehouse (D-R.I.), and Ron Wyden (D-Ore.).
    The text of the resolution is here.

    MIL OSI USA News –

    January 28, 2025
  • MIL-OSI USA News: Prioritizing Military Excellence and Readiness

    Source: The White House

    By the authority vested in me as President by the Constitution and the laws of the United States of America, and as Commander in Chief of the Armed Forces of the United States, and to ensure the readiness and effectiveness of our Armed Forces, it is hereby ordered:

    Section 1.  Purpose.  The United States military has a clear mission:  to protect the American people and our homeland as the world’s most lethal and effective fighting force.  Success in this existential mission requires a singular focus on developing the requisite warrior ethos, and the pursuit of military excellence cannot be diluted to accommodate political agendas or other ideologies harmful to unit cohesion. 

    Recently, however, the Armed Forces have been afflicted with radical gender ideology to appease activists unconcerned with the requirements of military service like physical and mental health, selflessness, and unit cohesion.  Longstanding Department of Defense (DoD) policy (DoD Instruction (DoDI) 6130.03) provides that it is the policy of the DoD to ensure that service members are “[f]ree of medical conditions or physical defects that may reasonably be expected to require excessive time lost from duty for necessary treatment or hospitalization.”  As a result, many mental and physical health conditions are incompatible with active duty, from conditions that require substantial medication or medical treatment to bipolar and related disorders, eating disorders, suicidality, and prior psychiatric hospitalization.

    Consistent with the military mission and longstanding DoD policy, expressing a false “gender identity” divergent from an individual’s sex cannot satisfy the rigorous standards necessary for military service.  Beyond the hormonal and surgical medical interventions involved, adoption of a gender identity inconsistent with an individual’s sex conflicts with a soldier’s commitment to an honorable, truthful, and disciplined lifestyle, even in one’s personal life.  A man’s assertion that he is a woman, and his requirement that others honor this falsehood, is not consistent with the humility and selflessness required of a service member. 

    For the sake of our Nation and the patriotic Americans who volunteer to serve it, military service must be reserved for those mentally and physically fit for duty.  The Armed Forces must adhere to high mental and physical health standards to ensure our military can deploy, fight, and win, including in austere conditions and without the benefit of routine medical treatment or special provisions.

    Sec. 2.  Policy.  It is the policy of the United States Government to establish high standards for troop readiness, lethality, cohesion, honesty, humility, uniformity, and integrity.  This policy is inconsistent with the medical, surgical, and mental health constraints on individuals with gender dysphoria.  This policy is also inconsistent with shifting pronoun usage or use of pronouns that inaccurately reflect an individual’s sex.

    Sec. 3.  Definitions.  The definitions in the Executive Order of January 20, 2025 (Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government) shall apply to this order.

    Sec. 4.  Implementation.  (a)  Within 60 days of the date of this order, the Secretary of Defense (Secretary) shall update DoDI 6130.03 Volume 1 (Medical Standards for Military Service: Appointment, Enlistment, or Induction (May 6, 2018), Incorporating Change 5 of May 28, 2024) and DoDI 6130.03 Volume 2 (Medical Standards for Military Service: Retention (September 4, 2020), Incorporating Change 1 of June 6, 2022) to reflect the purpose and policy of this Order.

    (b)  The Secretary shall promptly issue directives for DoD to end invented and identification-based pronoun usage to best achieve the policy outlined in section 2 of this order.

    (c)  Within 30 days of the date of this order, the Secretary shall:

    (i)   identify all additional steps and issue guidance necessary to fully implement this order; and 

    (ii)  submit to the President through the Assistant to the President for National Security Affairs a report that summarizes these steps.

    (d)  Absent extraordinary operational necessity, the Armed Forces shall neither allow males to use or share sleeping, changing, or bathing facilities designated for females, nor allow females to use or share sleeping, changing, or bathing facilities designated for males.

    (e)  Within 30 days of the issuance of the respective updates, directives, and guidance under subsections (a), (b), and (c) of this section, the Secretary of Homeland Security shall, with respect to the Coast Guard, issue updates, directives, and guidance consistent with the updates, directives, and guidance issued under subsections (a), (b), and (c) of this section.

    Sec. 5.  Implementing the Revocation of Executive Order 14004.  (a)  Pursuant to the Executive Order of January 20, 2025 (Initial Rescissions of Harmful Executive Orders and Actions), Executive Order 14004 of January 25, 2021 (Enabling All Qualified Americans To Serve Their Country in Uniform), has been revoked.  Accordingly, all policies, directives, and guidance issued pursuant to Executive Order 14004 shall be rescinded to the extent inconsistent with the provisions of this order. 

    (b)  The Secretary and, with respect to the Coast Guard, the Secretary of Homeland Security, shall take all necessary steps to implement the revocations described in subsection (a) of this section and ensure that all military departments and services fully comply with the provisions of this order.

    Sec. 6.  Severability.  If any provision of this order, or the application of any provision to any person or circumstance, is held to be invalid, the remainder of this order and the application of its provisions to any other persons or circumstances shall not be affected thereby.

    Sec. 7.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:

    (i)    the authority granted by law to an executive department or agency, or the head thereof; or

    (ii)   the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

    (b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

    (c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

    THE WHITE HOUSE,

        January 27, 2025.

    MIL OSI USA News –

    January 28, 2025
  • MIL-OSI China: Chinese provinces set tailored plans to support emerging, future industries

    Source: China State Council Information Office 2

    Chinese provinces have outlined plans this year to strengthen support for tech-intensive industries, most of which are tailored to local conditions.
    In their annual government work reports delivered at local “two sessions” this month, regional policy-makers unveiled more details on where the provincial economic landscape will be shifting for the year ahead.
    At least five provinces or municipalities, including Shanghai, Guangdong, Zhejiang and Liaoning, proposed blueprints to boost the semiconductor industry, considered a critical “bottleneck” sector in China. Beijing is set to accelerate production capacity for major integrated circuit projects while supporting relevant firms to withstand external pressures.
    In the new energy vehicle (NEV) manufacturing field, where China holds a technological edge, Guangdong and Shanghai are gearing up to solidify their advantages. The Pearl River Delta and Yangtze River Delta regions, where Guangdong and Shanghai are located, serve as China’s major NEV hubs.
    A southwestern economic circle that covers Sichuan and Chongqing is prioritizing smart and connected vehicle technologies, another innovation that drives the automotive industry forward. The country’s southern province of Guangdong is pushing to build pilot cities for the national “vehicle-road-cloud integration” initiative.

    An automatic assembly line is pictured at a smart factory of Changan Auto in Chongqing, southwest China, Jan. 9, 2025. Chongqing, a key hub of the country’s automotive industry, boasts a complete auto industrial chain and has registered a rapid growth in new energy vehicle (NEV) production in recent years. (Xinhua/Wang Quanchao)
    Multiple provinces have introduced “AI plus” plans, with Beijing targeting the construction of two 10,000-card intelligent computing clusters. Guangdong is focusing on enhancing the application of general and industry-specific large language models (LLMs).
    Shanghai and Sichuan have identified brain-computer interfaces as a key technological frontier, while Anhui targets building a fusion reactor research facility.
    China’s local governments tend to develop innovation and industrial roadmaps based on their unique strengths. The eastern province of Anhui is advancing an international lunar research station project, while Shanghai, home to the C919 aircraft manufacturing, is pushing to grow its large aircraft industry.
    Hainan, China’s southern island province, has prioritized marine-related industries in its development strategy, accelerating offshore wind farm construction while pioneering a landmark offshore wind-to-hydrogen demonstration project.
    Anhui, Zhejiang and Hainan plan to build pilot platforms to foster the convergence of technological and industrial innovations.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI China: Denmark boosts Arctic defence following US interest in Greenland

    Source: China State Council Information Office

    Denmark has unveiled plans to bolster its military presence in the Arctic amid rising concerns over the U.S. interest in acquiring Greenland, a Danish-owned territory.

    Danish Defence Minister Troels Lund Poulsen announced late Monday that the government will allocate 14.6 billion Danish krona (approximately $2 billion) to boost the defence of Greenland, Arctic Sea and Northern Atlantic. The decision follows an agreement among Danish political parties.

    The plans will include three new arctic naval vessels and two long-range drones, increased surveillance and crisis training for the local residents. Poulsen said in a press conference that these preparations are just the initial phase, with further plans expected to be finalized by summer.

    According to Danish Broadcasting Corporation, the new vessels would enter service within five or six years, expected to replace existing vessels.

    When questioned about whether these measures would “calm down” U.S. President Donald Trump’s interest in Greenland, Poulsen refrained from a direct response, underlining the importance of co-operation with NATO allies, including Canada, the United States and Norway.

    President Trump has recently reiterated the U.S. interest in Greenland, which remains an autonomous area under Danish sovereignty.

    Referring to an upcoming meeting on Tuesday with German Chancellor Olaf Scholz, French President Emmanuel Macron and NATO Secretary General Mark Rutte, Danish Prime Minister Mette Frederiksen said Europe is in a serious situation. “With war on the continent and changes in the geopolitical reality. In such a time, unity is crucial.”

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI USA: ICYMI: On Senate Floor, Warren Opposes Treasury Nominee for Backing Trump Billionaire Agenda

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    January 27, 2025

    “[B]illionaires dominate the American economy, and Republicans plan to give them more tax breaks…And Mr. Bessent is another billionaire ready to do the hard work of cutting taxes for every billionaire in America, himself included.” 

    “Mr. Bessent has been an advocate for deregulating Wall Street and letting the Big Banks load up on risk…[an] approach [that] brought our economy to its knees in 2008…Trump wants to run that same economic play and Mr. Bessent is the guy he’s picked to do it.”

    Video of Remarks (YouTube) 

    Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, delivered remarks on the floor of the U.S. Senate opposing the nomination of Mr. Scott Bessent for Secretary of the Treasury. Mr. Bessent’s views – including support for policies that compromise the stability of our financial system and support for tax policies that help billionaires instead of working families – have raised deep concerns for Senator Warren. 

    Remarks from Senator Elizabeth Warren
    As Delivered
    January 27, 2025

    Madam President, I rise today in opposition of Scott Bessent to be the next Treasury Secretary and in support of tens of millions of working families who need a government on their side.

    The Treasury Secretary is one of the President’s top economic advisors. He has the power to lower costs for hard-working people—or to give billionaires another break. 

    Now, Mr. Bessent has a long history as an investment manager helping rich clients get even richer. In fact, helping rich people get richer has been a profitable business for him. Mr. Bessent is now a billionaire himself. He owns not one, but two, multi-million dollar mansions, including one in the Bahamas, and has hundreds of millions in investments. Now, he’s spent a lot of money, but he’s saved money in one area:  he hasn’t paid the taxes he owes. According to an analysis from the Congressional tax experts, Mr. Bessent has refused to pay $2 million in taxes that he owed on his hedge fund earnings just in the past 3 years. And Mr. Bessent has no demonstrated track record of fighting to make life better or more affordable for working people.

    So let’s start with some of Trump’s economic plans that Mr. Bessent would be in charge of advancing. 

    Right now, Republicans in the White House and in Congress are working through their plans to extend tax breaks for billionaires and giant corporations – paid for in part with major cuts to health care.  

    In plain English, Republicans are hoping you won’t notice major budget cuts for nursing homes that take care of your grandpa or the cuts in school lunches for poor kids. Move grandpa out of the nursing home and let the little kids go hungry in order to make sure a tiny handful of billionaires get a few more truckloads of cash from Uncle Sam. 

    There’s a truth no one can escape: Someone has to pay to run this country. Folks like Scott Bessent think the burden should be just a little heavier on working people because billionaires like him are smarter than everyone else. One place or the other, someone has to pay. 

    So during his hearing, I asked Mr. Bessent about those cuts for billionaires. I asked if there were any billionaires already rich enough that they just didn’t need another tax cut. 

    He said, well, that it was unwise to single out anyone, not even billionaires. 

    You wouldn’t want to single out a billionaire like Jeff Bezos who pays a lower tax rate than a Boston public school teacher?

    You wouldn’t want to single out a billionaire like Mark Zuckerberg whose company Meta paid a tax rate of just 11.5-percent in 2023 despite making nearly $40 billion in profits?

    You wouldn’t want to single out a billionaire like Elon Musk who’s more focused on flying to Mars than making life better for working families here on Earth?

    Those billionaires had better seats at Donald Trump’s inauguration than Trump’s own cabinet nominees.

    Those billionaires dominate the American economy, and Republicans plan to give them more tax breaks. This is the payout for Trump’s quote ‘rich as hell donors.’ And Mr. Bessent is another billionaire ready to do the hard work of cutting taxes for every billionaire in America, himself included.

    The top economic issue today is how do we lower costs for families and build an economy that works, not just for the wealthy and well-connected, but an economy that works for everyone. 

    I’m hammering out plans to make it a little easier for families to be able to pay their bills, to buy a home, and to build some financial security. 

    Trump’s tax breaks for billionaires is the same old Republican playbook of trickle down economics. Help the rich get richer and leave everyone else behind. 

    But that’s not the Trump administration’s only bad economic idea.

    Mr. Bessent has been an advocate for deregulating Wall Street and letting the Big Banks load up on risk. 

    Deregulate Wall Street. Yeah, a lot of people remember how that approach brought our economy to its knees in 2008. People who remember include millions of people who lost their homes. The millions who lost their jobs. The millions who lost their savings. And now, once again, Trump wants to run that same economic play and Mr. Bessent is the guy he’s picked to do it.  

    We don’t need less oversight of the giant banks and Wall Street movers and shakers. Risk is building in the system. 

    The too-big-to-fail banks are quietly taking on riskier investments. 

    The shadowy private credit market has loaded up on highly leveraged loans. 

    And after waves of catastrophic losses, the insurance industry is facing a reckoning that even climate-change deniers can’t ignore. 

    Without significant changes, another financial crash is coming.

    As we learned, those big crashes fall hardest on hard working people who are just trying to make a living.  A billionaire willing to roll along on deregulation poses a threat to the economic well-being of every American. And a billionaire who supports more tax cuts for every single billionaire in America is not someone who is watching out for hard working families.

    For me, this is simple.  

    I’m ready to work together with President Trump’s team wherever we agree to help families, but I’m also ready to fight like hell when Republicans pursue economic policies that load up the risk in our financial system or tax policies that mostly benefit billionaires. 

    I will vote NO on Mr. Bessent to be the next Secretary of the Treasury, and I urge my colleagues to do the same. 

    Thank you, Madam President, and I suggest the absence of a quorum. 

    MIL OSI USA News –

    January 28, 2025
  • MIL-OSI China: Shawo radish industry fuels rural revitalization in N. China

    Source: China State Council Information Office

    Hao Lihong, general manager of Guli farm, an agricultural supply chain cooperative in north China’s Tianjin Municipality, shows the growth of Shawo radishes in Tianjin, north China, Jan. 3, 2025. (Xinhua/Song Rui)

    Rows of green Shawo radishes are growing well in a technology demonstration base covering an area of around 50 mu (about 3.33 hectares) in the suburb of north China’s Tianjin Municipality.

    It is currently the peak sales season for Shawo radishes, and most of the radishes in the greenhouses at the base are in cold storage, waiting to be distributed nationwide.

    “Via the Internet of Things and sensors in the greenhouses, the amount of watering, the temperature, humidity and light can be managed intelligently, increasing the quality of the radishes. The process of growing the radishes including seed selection, planting and maintenance is recorded in the smart system,” said Hao Lihong, general manager of Guli farm, an agricultural supply chain cooperative in Tianjin.

    Hao said that the smart planting technology would soon be introduced to more than 10 greenhouses in the area — allowing local farmers to plant in an automated way by using mobile phones.

    The Shawo radish is named after its growth localities in Xiaoshawo Village and Dashawo Village in Xinkou Town, Tianjin’s Xiqing District. Local Shawo radish growing dates back more than 300 years. The soil in these areas is sandy near the surface and sticky deeper down — making radishes grown there both crisp and sweet.

    In 2024, in order to promote the development of the Shawo radish industry, the district government made a plan and cooperated with towns, villages and enterprises to produce a well-known Shawo radish brand.

    “In the past, the radish planting here lacked both scale and standardization. The production facilities were old, while seeds were not standard. The taste of radishes grown by different people was different, which restricted the brand-inheritance potential of the Shawo radish,” Hao said.

    Notably, Guli farm and Dashawo Village have strengthened their cooperation efforts since last year. More than 300 contracted farmers have enjoyed technical training and guidance from experts with Tianjin Academy of Agriculture Sciences. They also did not need to find the sales channels by themselves, but instead sold radishes directly to Guli farm.

    Thanks to this cooperation model, Sun Guoqiang, a 62-year-old living in Dashawo Village, has benefited a lot. “The peak sales season for Shawo radishes is from December to February of the following year. By the end of 2024, all 25,000 kilograms of Shawo radishes in my five greenhouses had been purchased by Guli farm, earning me roughly 100,000 yuan (about 13,638 U.S. dollars),” Sun said.

    The price of the radishes has more than doubled compared with 2023, and Sun plans to expand his planting area this year to make even more money.

    In recent years, marketing activities to promote the Shawo radish brand have been implemented, boosting sales. In addition, a special promotion meeting focused on the Shawo radish was held in Beijing, while many Chinese cities including Changsha, Hangzhou and Guangzhou hosted exhibitions, where visitors could get a closer look at this special radish variety. Online and offline sales channels for this brand have been expanded recently, serving as another boost for the Shawo radish industry.

    “In 2024, we made a lot of efforts to expand the sales chain of Shawo radishes, and enhance their popularity and reputation through brand building and cultural tourism activities,” Hao said.

    This year, the company will cooperate with enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area to help farmers sell Shawo radishes to buyers in Hong Kong and Macao, Hao added.

    The Shawo radish industry has had a significant impact on Xinkou Town, boosting rural revitalization there.

    At present, the town has planted Shawo radishes across an area of about 7,000 mu — which is expected to yield an estimated output of around 32.5 million kilograms and an estimated sales value of 250 million yuan.

    According to Zhao Jun, the town’s Party secretary, the town plans to expand the cultivation scale of Shawo radishes and strengthen the development of both deep processing of agricultural products and tourism, adding that they would also try to make the Shawo radish industry a good model of rural revitalization by continuously extending the industry chain and strengthening the Shawo radish brand.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI Australia: Doorstop – Jerrabombera

    Source: Australia Government Ministerial Statements

    SUBJECTS: Cheaper Child Care; Wage rise for early educators; Universal early education; Fully funding public schools; $7,200 worse off under Peter Dutton; National Bullying Action Plan; The Middle East; Antisemitism; University governance; Local government 

    KRISTY McBAIN, MINISTER FOR REGIONAL DEVELOPMENT, LOCAL GOVERNMENT AND TERRITORIES: It’s a pleasure today to welcome Minister Jason Clare to Goodstart Jerrabomberra where 90 places a day are filled, and we have a wait list. Jerrabomberra is the heart of the Queanbeyan region, it’s fast growing, and this childcare centre is one of many that have benefitted from the Albanese Labor Government’s Cheaper Childcare plan.

    We know families right across our region have benefitted from this, and it’s so great to be able to introduce Minister Clare to the wonderful staff here, the wonderful centre manager and State manager and the wonderful kids that come here each and every day to enjoy this beautiful centre.

    JASON CLARE, MINISTER FOR EDUCATION: Thanks very much, Kristy. It’s absolutely fantastic to be with you here at Jerrabomberra at the Goodstart Centre here. You are an absolutely fantastic Member of Parliament, and we are so lucky to have as part of the Albanese Labor Government and this community is lucky to have you as their Labor Member.

    When we were elected two and a half years ago, childcare costs had sky rocketed, childcare costs under the Liberals went up by 49 per cent over just under a decade, and that was double the OECD average.

    We’ve cut the cost of childcare now for more than a million Australian families. In the first 15 months of our Cheaper Childcare laws this has meant that for an average family on about 120 grand a year combined income with one child in early education or care saved them about 2,700 bucks, and that’s real money that’s making a real difference for families right across the country.

    And when we were elected two and a half years ago childcare workers were leaving the sector in droves, that’s the truth of it, and we’re now starting to see that turn around. Data that’s been released today shows that vacancy rates in the childcare sector are down 22 per cent, and at Goodstart, where we are today, all of their centres across the country, we’re seeing job applications now jump by 35 per cent, and expressions of interest jump by 50 to 60 per cent. Vacancy rates at Goodstart Centres are down by a massive 28 per cent.

    So that’s fantastic news. It shows that when you pay people more, more people want to do the job, and there aren’t many jobs that are more important than the work that our early educators do, getting young people ready for school.

    If we win the next election, the next big thing that we need to do is build more centres where they don’t exist at the moment and help to make sure that more young people get the chance that the children we’ve met here today get, help young people who can’t get into early education and care now, either because there’s no centre in their town, or because they can’t get access to the subsidy through no fault of their own.

    And that’s why if we win the next election, we’ll set up a $1 billion fund to build more centres in the outer suburbs and in the regions where they don’t exist at the moment, and implement a three day guarantee, to guarantee that every child who needs it will get access to three days a week of government supported early education and care.

    Why? To make sure that more children are ready to start school, because the evidence is, that if children spend more time in early education and care in centres like this, they’re more likely to start school ready to learn.

    And just while talking about school, last week the Prime Minister announced that South Australia and Victoria have become the fifth and sixth States to sign up to our public school funding and reform agreement, the Better and Fairer Schools Agreement, that’s along with WA, Tassie, ACT, the Northern Territory and of course now South Australia and Victoria.

    On the weekend, teachers backed this agreement, on the weekend principals backed this agreement, and now today the Business Council of Australia backed this agreement. This is real funding, to fix the funding of our public schools, and it’s not a blank cheque, it’s tied to real reform; things like phonics checks in Year 1 and numeracy checks in Year 1 to identify children who might already be falling behind, and then using that funding to make sure that children who do fall behind catch up early, because we know that children who catch up early are more likely to go on and finish high school.

    So, it’s backed by teachers, backed by principals, backed by the business community. The only people that are against it are Peter Dutton and the Liberal Party, they’re against cutting the cost of childcare for Australian parents, they’re against pay rises for childcare workers, they’re against building more childcare centres where they don’t exist, and they’re against fixing the funding of our public schools and tying that funding to evidence based teaching and real reform to help more young children to catch up, keep up and finish high school.

    Happy to take some questions.

    JOURNALIST: When do you expect that Queensland and New South Wales will sign on to that school agreement?

    CLARE: I won’t give you a date, but negotiations are going well.

    JOURNALIST: Fresh polling is showing that it’s really tight. Are your cost-of-living measures cutting through with the voters?

    CLARE: We know that Australians are doing it tough, a lot of Australians are doing it tough, that’s why creating a million jobs is really important, that’s why cutting inflation by more than half is really important, that’s why boosting real wages is really important as well.

    We’re making progress, there’s more work to do, but the evidence that came out on the weekend shows that if Peter Dutton had been the Prime Minister of Australia for the last 12 months, Australian families would be over $7,000 worse off.

    Why? Well, because he was against the tax cuts that delivered a lot of support for Australian families, he’s against cheaper childcare, he’s against cutting the cost of medicine, he’s against lifting real wages, he’s against cutting the cost of people’s energy bills through that $300 rebate, and when you add all that up, it means that Aussie families would be thousands and thousands of dollars, $7,200, worse off under Peter Dutton.

    JOURNALIST: On the School Agreement, so New South Wales and Queensland you would assume are trying to get more than 25 per cent. Are you open to that?

    CLARE: Don’t assume that. But I’m not going to negotiate through the media. What’s important here is that we fix the funding of our public schools, and we tie that to the sort of reforms that are going to help make sure that more kids that fall behind can catch up and keep up and finish high school.

    Private schools, non government schools are funded at the level that David Gonski said they should be at, public schools aren’t, and this agreement is about fixing that, but also tying that to real targets and real reforms.

    The current agreement doesn’t do that. There aren’t any real targets, there aren’t any real reforms. I want to make sure that we fix the funding of our schools and tie it to the sort of reforms that we know work. I want this money to get results.

    At the moment in public schools, over the course of say, you know, the last eight years or so, we’ve seen the percentage of kids finishing high school drop from 83 per cent to 73 per cent. Just think about that for a second. That’s happening at a time where it’s more important to finish school than it was when we were little.

    We’ve got to turn that around if we’re going to make sure that more people get a chance to go to TAFE and university and get the jobs that are being created today. That’s why this funding is important, but that’s why the reforms that it’s linked to are just as important.

    JOURNALIST: The States that signed on to it earlier, are they now pushing for 25 per cent as well, and will you grant that?

    CLARE: I’ve already spoken to those States, and we will offer to them the same deal, which is we’ll lift our offer from 20 to 25 if they get rid of that 4 per cent which is usually aligned to things like capital depreciation costs. So, we’re having great conversations with states like WA and Tassie.

    JOURNALIST: Is there a willingness though to go above 25 per cent for the two states that have paid off, and then does that open up the chance for increased funding for other states?

    CLARE: No. That’s why when I answered your previous question, I said don’t assume that the States are asking for more than 25 per cent. What the states have been asking for, for the last 12 months is that we increase our offer from 20 to 25 per cent, and we said, “Yeah, we’ll do that, but we need you to chip in as well”.

    It’s always been my view that the Commonwealth’s got to chip in and the states have to chip in as well. That’s why we’re saying to the states, if we can lift our funding from 20 to 25 per cent, let’s get rid of that other 4 per cent, which is used for things like capital depreciation that don’t actually go to real funding for schools at the moment.

    JOURNALIST: Is the absolute cap 25?

    CLARE: Well, again, I’m not going to go into the details of the conversation, but we’re not talking beyond 25.

    JOURNALIST: How exactly are you going to address high rates of absenteeism due to bullying or mental health issues, do you actually have a stepped plan in place for the next school year?

    CLARE: Yep. This is a complicated thing. There is absolutely no place for bullying in our schools. That’s why the work that we’re doing in putting together a National Bullying Action Plan with the states is so critical, so important; that’s why getting rid of mobile phones in schools is so important; that’s why the ban on access to social media for young people under the age of 16 is so important as well.

    We know fundamentally that children are less likely to be at school if they’re suffering from bullying or they’re suffering from mental health challenges. And young people with mental health challenges, by the time they’re in Year 9 are about a year and a half to two years behind the rest of the class, and less likely to finish school.

    And so the sort of things that we want to tie this funding to are early intervention when children are young at primary school to make sure that they keep up and catch up, but also more investment in things like mental health workers and paediatric nursing support in our schools.

    That investment in health is not just about health, it has real education outcomes as well.

    JOURNALIST: Donald Trump overnight said that   sorry, a couple of days ago said that he proposed “cleaning”   unquote   “cleaning out Gaza and resettling Palestinians”. What is the Government’s response to that?

    CLARE: The Government’s position for a very, very long time, I think since December of 2023, has been to call for a ceasefire in Gaza, and we’re glad that that has finally happened. We want to see an end to the killing in the Middle East, we want to see trucks come in with food and with medicine and with aid. We want to see the hostages returned.

    JOURNALIST: And what about resettling Palestinians though? What is your response directly to that suggestion that they should be moved to Jordan or Egypt?

    CLARE: The position of the Australian Government, which I think is still the position of the Opposition as well is that we believe in a two-state solution, two countries living side by side, two peoples living side by side in two nations where people can live in safety and security without having to go through checkpoints or fear that their lives will be taken from them the next day.

    JOURNALIST: Just on that language though, you know, “cleaning out”, do you think that’s triggering language or insensitive language?

    CLARE: Repeating my previous answer, we want two peoples able to be live side by side in safety and security.

    JOURNALIST: Do you have a set price tag on the number of those professional healthcare workers you want in schools?

    CLARE: No, there’s no set number, but this investment in South Australia’s an extra billion dollars over the next 10 years, in Victoria it’s an extra two and a half billion dollars over the next 10 years.

    The agreements that we’re striking with the states are all going to be slightly different depending on the needs in those states, but it’s designed to invest in real practical reforms that we know are going to get the results that we need.

    Just to add to what we’re talking about here, we’re talking about fixing the funding of our public schools. Now one in 10 children at the moment, when they sit for their NAPLAN tests in third grade, are identified as being below the national average, so one in 10   sorry, below the national minimum standard, so one in 10. But amongst children from poor families, from really disadvantaged backgrounds, it’s one in three, and most of those children go to public schools.

    So our public schools are the places that do the real heavy lifting where the challenge is three times as big, and they’re the ones that were underfunded at the moment. We want to fix that funding and tie that funding to help those children to catch up and keep up and finish high school.

    JOURNALIST: On that pay rise for early educators, do you know how many centres have used that as an excuse to immediately increase their fees by 4.4 per cent?  

    CLARE: Here’s the thing, they can’t, because a condition of getting the funding for the pay rise is they can’t increase their fees by more than 4 per cent.

    JOURNALIST: Yeah. That’s why I’m asking how many have increased their fees to that 4.4?

    CLARE: I suspect that most centres will increase their fees somewhere between zero and up to that 4 per cent over the next 12 months. The key thing is they can’t go beyond that, and that’s a big part of this deal. Number one, we want to make sure that the money goes to the worker, not the centre, and number two, in order to get that funding, they cannot increase their fees by more than 4 per cent.

    JOURNALIST: Do you know how many though have hit that cap?

    CLARE: It’s too early to give you that number.

    JOURNALIST: This billion-dollar strategy for outer suburbs and regional areas, do you have any hotspots, any, you know, regional areas that you’re concerned about that don’t have enough facilities?

    CLARE: You can look at data that shows where there are what’s called sometimes “childcare deserts” right across the country. This fund is designed to help to make sure that we build centres where they’re needed most, and in particular, if you look at the Productivity Commission report released last year it talks to this, it’s the outer suburbs, and it’s in Regional Australia.

    Just talking to the team at Goodstart here is the only childcare centre in Jerra that provides full service from six week old children right through to four year olds.

    JOURNALIST: I did just want to ask you about – there was evidence at a Parliamentary Committee last week about an online meeting of ANU to delete the Nazi salute. The investigation to my understanding is that they found that that wasn’t the case. What else do you think was happening there?

    CLARE: I make the general point, whether it’s at ANU or whether it’s at QUT that there is absolutely no place for the poison of antisemitism in our universities or anywhere in this country or anywhere in the world.

    There is a commemoration that’s just happened of the 80th Anniversary of the Holocaust and Auschwitz. You know, in the lifetime of our grandparents we’ve all seen the true terror of what antisemitism can wreak and there is no place for it, and that’s why I’ve made it very clear to every university leader in the country that they must enforce their Codes of Conduct, and that includes saying that directly to the Vice Chancellor of QUT.

    JOURNALIST: Do you believe though that it was appropriate that an ANU student who went on radio said that terrorist designated organisation, Hamas [indistinct] unconditional support was able to overturn her expulsion on appeal. You’ve just spoken about the poison of antisemitism; we have a growing issue in Australia. Is that an appropriate thing to do?

    CLARE: No.

    JOURNALIST: Are we any closer to a governance review   what’s the latest with the university governance review?

    CLARE: Yeah, last week we announced the members of the panel that will be responsible for implementing that review.

    JOURNALIST: Are you confident with the members of that panel?

    CLARE: I am.

    JOURNALIST: And then I might just Ms McBain something if that’s okay.

    CLARE: Sure.

    JOURNALIST: [Indistinct] would like to see councils auctioning off properties. What do you think of this decision?

    McBAIN: Look, every Council has the opportunity to take action when someone doesn’t pay rates for a period of time. My understanding, and it was a unanimous decision of Queanbeyan-Palerang Council to take this route, is that these rates have been unpaid for more than five years. A lot of those properties that attempted to make contact by door knocking them, letter boxing them, serving them, there’s been no contact made with any of those individuals for a variety of reasons. It is an avenue open to them, but as I said, it’s a unanimous decision of Queanbeyan-Palerang Council to take this action, which I’m sure that hasn’t been done lightly either.

    JOURNALIST: Are you concerned about the financial stability of councils if they are having to resort to methods like this just to try and stay out of debt?

    McBAIN: Look, I think when you look at it, it’s about a million dollars in unpaid rates that they are going to attempt to recruit through auction. I don’t think this goes anywhere near dealing with some of the ongoing issues that councils have, but what we’ve done since we’ve been in government, you know, there’s been more collaboration with local councils than in any time before that.

    I’ve personally met with over 250 councils either in their communities or in Canberra or at a Local Government Association conference. We have doubled Roads to Recovery funding and that means regional councils across the country have now more money than ever before to deal with road issues.

    Across Eden Monaro that’s $26.3 million extra for our local councils resulting in over $65 million for roads alone. We’ve increased road black spot funding, we’ve created the new safer local road and infrastructure program, $200 million a year, you know, we’ve been really putting our shoulder to the wheel making a difference for local councils, and just last week I was able to announce $27.2 million for Marulan Sewer Treatment Plant, you know, which is something that Council had called from but hadn’t been supported in getting.

    So, the Albanese Government takes seriously the priorities of local councils and local communities and we’ve been delivering for all of them.

    JOURNALIST: Thank you.

    MIL OSI News –

    January 28, 2025
  • MIL-OSI USA: Historic Week as the Golden Age Begins

    US Senate News:

    Source: United States Senator for Wisconsin Ron Johnson

    Inauguration Day was a good day for America. Watching Donald Trump take the oath of office becoming the 47th President of the United States was an honor. It is time to not only make America great again, but make it even better after four years of disastrous Democratic policies.  
    President Trump is coming into office with more experience and a wariness of the deep state. Our job in the Senate is to make sure we confirm his cabinet so we can get to work and President Trump can fulfill his promises to the American people. We also need to expose the weaponization of government that happened during the last administration. 
    WATCH: Sen. Johnson on BBC News Special Inauguration Coverage 
    WATCH: Sen. Johnson on Newsmax 

    Attending the swearing-in ceremony of President Trump at the Capitol Rotunda: Sen. Mike Lee, Sen. Ron Johnson, Sen. Rand Paul, and Sen.Ted Cruz. 
    New Position as Chairman of PSI

    I am honored to serve as chairman of the powerful Permanent Subcommittee on Investigations. This subcommittee’s investigatory record spans decades and its reputation for conducting thorough oversight and exposing wrongdoing is unparalleled. It is my privilege to build on that legacy.
    I look forward to working with Ranking Member Richard Blumenthal and other members of the subcommittee to uncover the truth on issues that are important to the American people. My hope is that the subcommittee’s work will be largely non-partisan. There should be nothing partisan about revealing the truth.
    Absurd Spending Needs to Change

    Current spending is completely unsustainable, unjustified, and absurd. We have to return to pre-pandemic spending levels. It’s time for a paradigm shift in the way we use our budgets.
    The people that voted for President Trump do not expect the federal government is going to continue spending at President Biden and the Democrats’ spending levels.
    On January 16, I spoke on the Senate floor to discuss the importance of returning to a reasonable pre-pandemic spending level and the massive deficit spending that is devaluing the U.S. dollar.
    WATCH: Senate floor speech on government spending
    READ: Badger Institute —  Emergency ended; so should federal spending spree
    WATCH: Politico First 100 Days Speaker Series on Tax Reform
    Cabinet Confirmation Hearings

    Since the start of the 119th Congress, we have been holding confirmation hearings for President Trump’s cabinet nominees. 
    Here are some highlights from the hearings I have participated in:
    Kristi Noem: For too long the Department of Homeland Security has been completely misused. Their mission creep under the Biden administration has caused the agency to leave America vulnerable. I look forward to working with Kristi Noem as DHS Secretary to secure the homeland again.
    Scott Bessent: The pick for Treasury Secretary and I agree that the U.S. does not have a revenue problem, we have a spending problem. I look forward to voting for Scott Bessent’s confirmation and working with him to reset spending levels to a reasonable pre-pandemic level.
    Sean Duffy: I was proud to introduce Wisconsin’s own Sean Duffyin his confirmation hearing. Sean will be a strong and dedicated leader of the Department of Transportation, prioritizing safety and investing in infrastructure projects that connect our communities. We are fortunate that he is willing to serve the public again, and I recommend him as Secretary without reservation.
    News from the 119th Congress

    The Laken Riley Act passed Congress and will be the first bill signed into law by President Trump. I voted to pass the bill which will give local law enforcement and ICE more tools to combat illegal immigrants who commit crime in the United States.  
    I joined a letter to President Trump encouraging him to reinstate and broaden the life-affirming pro-life policies in the early days of his new administration and end the weaponization of the U.S. government against pro-life Americans and unborn children.
    As part of the MAHA Caucus, we were pleased to see the FDA ban Red No. 3 from foods, dietary supplements, and ingested medicines. We look forward to addressing the root causes of chronic diseases and creating a healthier, stronger nation with President Trump and HHS nominee Robert F. Kennedy, Jr. 

    MIL OSI USA News –

    January 28, 2025
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