Category: Politics

  • MIL-OSI Russia: The VIII season of the All-Russian student Olympiad “I am a professional” has started

    MIL OSI Translation. Region: Russian Federation –

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

    A press conference dedicated to the opening of the 8th season of the All-Russian Student Olympiad “I am a Professional” – a project of the presidential platform “Russia – a Country of Opportunities” – was held in Moscow. The All-Russian Olympiad is implemented with the support of the Ministry of Science and Higher Education of the Russian Federation. This is a large-scale career development platform for students of all fields of study: technical, humanitarian, natural science, pedagogical, agricultural and medical.

    In the new season, the Olympiad will traditionally provide young people with a wide range of educational and professional opportunities, and will become a career assistant for each participant. The main theme of the season is “Work and study in Russia”.

    The “I am a professional” ecosystem is constantly developing and growing: this year the Olympiad was included in the events of the national project “Youth and Children”, which is aimed at promoting the comprehensive development of the younger generation. “I am a professional” is a kind of challenge, an opportunity to move to a new level. Every year, hundreds of thousands of students join the Olympiad, and for many, participation becomes a good tradition – an educational norm: from year to year, young people complete practice-oriented tasks, improve their results and reach new heights regardless of their social status and region of residence, – said Olga Petrova, Deputy Minister of Science and Higher Education of the Russian Federation.

    In the new season, it is planned to expand access to the career portal – a platform where each participant can find a vacancy in the profile of interest – the opportunity to respond will also be available to Olympiad participants who have successfully passed the selection stage. Previously, this function was provided only for project diploma winners and participants in the final stage who showed a non-zero result.

    Executive Director of ANO “Russia – Country of Opportunities”, Rector of the Senezh Management Workshop Andrey Betin spoke about the new system of working with diplomas from previous seasons. Points will be counted automatically when summing up the results of the selection stage, participants will only need to select the necessary areas during registration and mark the item with the crediting of diplomas among the options.

    In Russia, the need for professionals is enormous — all industries need fresh ideas and people who can implement them. Today is the best time to study and work in Russia, because it is here that the best opportunities open up, the most interesting professional challenges, and therefore career prospects. “I am a professional” has been helping talented students and their potential employers “find each other” for seven seasons already. The largest and most technologically advanced companies in our country are looking for ambitious interns. This is not just an Olympiad, it is a community where you will be supported, where your potential is revealed and where you grow both as an individual and as a highly competent specialist, — shared Andrey Betin.

    Every year, the Olympiad grows with new areas, taking into account the needs of students and the prospects of the labor market. In the upcoming season, the project will cover 71 subject areas, and new disciplines such as “Project Management” and “Digital Product Management and Innovation” will be presented.

    Today we are opening the 8th season of the Olympiad, a key career navigator that ensures interaction between employers, the academic community and young people. The best companies in Russia are showing great interest in our participants, seeking to fill their teams with promising personnel even before they graduate from universities and enter the labor market. The Russian education system, science and industry are aimed at achieving leadership, and the new national projects initiated by the country’s president provide an opportunity for the realization of the potential of each active student, and the Olympiad participants are direct proof of this, – shared the head of the All-Russian Student Olympiad “I am a Professional” Valeria Kasamara.

    During the press conference, an agreement was signed between the All-Russian Student Olympiad “I am a Professional” and the “Mendeleev Map” project.

    Two large-scale projects for students are starting to work together to pave new paths for the development of our country’s youth and to accumulate efforts for the common good. “I am a professional” makes a significant contribution to the popularization of science among young people. I am sure that the capabilities of the “Mendeleev Map” will help students in their profession, in preparation for Olympiad assignments, and in self-development, – believes the Deputy Chairman of the State Duma Committee on Science and Higher Education, curator of the “Mendeleev Map” project Alexander Mazhuga.

    Participation in the Olympiad is a great opportunity to test your knowledge and skills, make new acquaintances, and decide on a career direction. Such competitions develop critical thinking, creativity, and the ability to work in a team. St. Petersburg Polytechnic University traditionally organizes several areas in the “I am a professional” Olympiad. Last season, our university entered the TOP-3 universities in St. Petersburg in terms of the number of diploma winners. I wish good luck to all participants of the new season! Let me remind you that the winners of the Olympiad receive additional points when entering a master’s and postgraduate program, – noted Vitaly Drobchik, Advisor to the Rector’s Office of SPbPU, organizer of the Olympiad at the Polytechnic University.

    The Olympiad provides a wide range of career support opportunities: project diploma holders can take advantage of benefits when entering the next level of education, get the opportunity to do an internship and start their professional career with leading employers in Russia. Cash prizes of up to 300 thousand rubles are provided for medalists.

    The qualifying round of the Olympiad will be held from November 15 to December 1. The final stage of the competition will be held from February to April 2025. The results of the Olympiad will be announced in May 2025.

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

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

    https://vvv.spbstu.ru/media/nevs/education/the-vii-season-of-the-All-Russian-Olympiad-students-I-am-professional has started/

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

    MIL OSI Russia News

  • MIL-OSI United Nations: West and Central African Countries Advance Human Mobility and Climate Change in National Plans

    Source: International Organization for Migration (IOM)

    Geneva/Lomé, 25 September – Countries across West and Central Africa are taking decisive steps towards address the growing challenges of human mobility and climate change through efforts to integrating these into their national policies. This initiative marks an important milestone for the region as it moves toward more holistic, and policy driven climate action. 

    As the region grapples with rising climate-related displacement, with over 1.2 million people displaced by the recent flooding alone in 2024 compared to 624,700 people internally displaced the previous year. With the World Bank projection of up to 32 million climate migrants by 2050, governments are increasingly recognizing the need for comprehensive, forward-looking climate strategies. By prioritizing human mobility in national plans, countries are better positioned to address the dual challenges of climate change and displacement, ensuring that policies not only mitigate climate impacts but also support communities on the move.

    At a recent gathering, climate negotiators from West and Central African nations came together to discuss the critical link between climate change and human mobility. The event, co-hosted by the International Organization for Migration (IOM) alongside several United Nations agencies and environmental organizations, focused on equipping participants with the tools to integrate mobility concerns into their national adaptation plans (NAPs) and climate commitments (NDCs). This comes even as the United Nations Antonio Guterres called on all countries during the ongoing 79th session of the United Nations General Assembly (UNGA) to produce national climate action plans by 2025 to address global climate change.

    “The reality we face today is stark, climate change is not a distant threat but a growing challenge that intensifies existing vulnerabilities and creates new ones,” said Mr. Leonardo Santos Simão, Special Representative for the United Nations Secretary-General and Head of the UN Office for West Africa and the Sahel. “In West and Central Africa, extreme weather events, prolonged droughts, and rising sea levels are displacing entire communities and exacerbating competition for scarce resources.”

    The three-day event saw participants identify key opportunities to integrate human mobility considerations in climate negotiations, both at national and international levels, particularly in the lead-up to COP29 in November.  These discussions were crucial, as nations in the region seek to integrate climate-related migration and displacement into their broader climate resilience strategies.

    The event significantly featured active participation of young climate leaders and migrants from the region. They shared firsthand insights into the impact climate change is having in their communities, highlighting challenges such as increased flooding, shrinking arable land, and disrupted transhumance routes. Their innovative perspectives on integrating human mobility into national policies emphasize the need for inclusive, youth-driven solutions in regional climate strategies.  These insights underscored the urgent need for national policies that not only address climate change but also protect vulnerable populations forced to move by its impacts.

    “This training was an incredible chance for young advocates like myself to connect with experts and share ideas on the challenges we face. Integrating climate-related human mobility into our national policies is a big step forward,” said Mariam Hamzat, a climate and sustainability advocate from Nigeria.  “It’s up to us to keep pushing for these changes in West and Central Africa.” The event fostered collaboration among the nations, strengthening regional approaches to human mobility and climate change. By training negotiators to advocate for these issues at national levels and international platforms like COP 29 and amplifying the voices of young leaders, West and Central African countries are laying the groundwork for more inclusive, resilient climate policies that account for the growing realities of displacement in the region.

    “I have been impressed by the level of engagement of participants throughout the workshop, as well as with the willingness to keep on learning and understanding what human mobility entails in West and Central Africa”, observed Hind Aïssaoui Bennani, IOM Regional Specialist on climate mobility.

    The event was conducted in partnership with the United Nations Framework Convention on Climate Change (UNFCCC) Regional Coordination Centre for West and Central Africa, the United Nations Office for West Africa and the Sahel (UNOWAS), and the United Nations Environment Programme (UNEP), and in collaboration with NDC Partnership and the International Union for Conservation of Nature (IUCN). 

    For more information, please contact:

    In Dakar: 

    Hind Aïssaoui Bennani,  haissaoui@iom.int

    Joëlle Furrer, jfurrer@iom.int   

    In Geneva: 

    Chloé Lavau, clavau@iom.int

    Kennedy Okoth, kokoth@iom.int  

    MIL OSI United Nations News

  • MIL-OSI United Kingdom: TRA investigates imports of tin mill products from China

    Source: United Kingdom – Executive Government & Departments

    The TRA has initiated a new investigation into tin mill products from China, following an application asking for an anti-dumping measure to be imposed.

    The Trade Remedies Authority (TRA) has initiated a new investigation into tin mill products imported to the UK from China. This follows an application from Tata Steel UK asking for an anti-dumping measure to be imposed.

    Tin mill products are often used in packaging and are known for their paint adhesion, as well as high heat resistance, sturdiness and recyclability. They are made through flat rolling iron or non-alloy steel and coating that with tin. They can also be subsequently coated in plastic or chromium.

    The applicant, Tata, has alleged that imports of tin mill products from China are being dumped into the UK, and that these dumped imports are causing injury to the UK industry.

    The period of investigation for this investigation will be 1 April 2023 – 31 March 2024.

    The TRA found that during the period of investigation, imports of tin mill products from China represented 5.3% of the UK market share, while the UK industry held 46% of the market.

    Businesses that may be affected by this investigation can register their interest through our public file by 10 October 2024. Any new case developments will be posted on the TRA’s public file. 

    Notes to editors:

    • The TRA is the UK body that investigates whether trade remedy measures are needed to counter unfair trading practices and unforeseen surges of imports.
    • Anti-dumping duties allow a country or union to act against goods which are being sold at less than their normal value – this is defined as the price for ‘like goods’ sold in the exporter’s home market.

    Updates to this page

    Published 26 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Scientific Regiment. Volunteer Mikhail Laletin: “After the Front – to a University, and Then, Possibly, to an Officer”

    MIL OSI Translation. Region: Russian Federation –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering –

    Mikhail Laletin

    Mikhail Laletin, a second-year student at the Faculty of Forensic Science and Law in Construction and Transport at SPbGASU, has served in the 76th Division of the 104th Airborne Assault Regiment of the Airborne Forces in the Special Military Operation Zone. Today, he is getting a higher education and does not rule out that after graduation he will continue to serve as an officer.

    “Higher education provides knowledge and advantages not only in the civilian sphere, but also in the army. A person with higher education is an officer. I am getting a sought-after specialty at a prestigious university and I do not rule out that after graduating from the university I will continue military service. Because until the goals of the SVO are achieved, I cannot be calm about my future and the future of our people, our Fatherland,” says Mikhail.

    Mikhail not only knew that there was such a profession as defending the Motherland, but also looked closely at it: he wanted to enroll in a military school. But then he decided to get a civilian specialty. He recalls how in 2020, as an applicant, he and his friends chose SPbGASU. First of all, the guys evaluated the university from a practical point of view: the university is known for its high quality of education, affordable tuition fees, demand for graduates in the labor market, and convenient location. But everyone made the choice of faculties in accordance with their interests.

    “History and politics are topics that have always interested me. Jurisprudence is important in matters of politics. In addition, I continued the dynasty – my mother and sister graduated from law school. Having received a diploma, perhaps in the future I will get a second higher education – in history,” adds Mikhail.

    In 2022, when the SVO began, he volunteered. He says there were good reasons for that. First of all, he is a patriot and knows the history of his country well.

    “I cannot remain indifferent to how they are trying to rewrite our history from the outside and how the ideology of Nazism is spreading. I stand for traditional values and want to live in a society in which a child has a mother and father, and not parents number one and two. They want to break up our country, divide it, as they did with the Russian Empire and the USSR. Therefore, we must achieve our goals in the SVO. For us, Russians, this is literally a matter of life and death. I am concerned about my fate, the fate of Russia and its people, so I am ready to make my own contribution to its defense,” said Mikhail.

    He recalls how he, a young man from civilian life, was surprised by the attitude of the fighters, how they maintained their fighting spirit even in the most difficult situations. It was here that Mikhail fully felt such a sincere attitude towards each other and truly understood what military brotherhood is.

    “At the front, the line between superior and subordinate, between commanders and soldiers is erased. Here we are all like brothers, everyone is ready to lend a shoulder to another at any moment, both during a combat mission and in any situation. This is the strength of our army,” Mikhail concluded.

    Other materials of the project “Scientific Regiment”

    Our graduate built the Road of Life

    The pioneering work of architect Alexander Nikolsky

    A scientist who developed science in besieged Leningrad
    Fights of student Klinov

    Engineer of the 3rd Belorussian Front

    The path of a volunteer: from front-line roads to space developments

    Ivan Solomakhin: “The most memorable battle is for this Devil’s Height!”

    Fiery Dnieper of the Hero of the Soviet Union Alexander Prygunov

    Bringing Victory Closer

    Fyodor Komal’s Front: From the First Minutes of War to Victory

    Junior Political Instructor Boris Gubanov: “The shells whistled, and the earth flew up nearby”

    Viktor Kvyatkovsky – radio operator-intelligence officer of the Baltic Fleet

    How Chief Architect Nikolai Baranov “Hid” Leningrad from the Enemy

    Architect Nikolay Khomutetsky: Four years on the front lines

    Semyon Shifrin thwarted the Nazis’ plans to leave Leningrad without water

    LISI in the post-war years

    Nineteen-year-old machine gunner stormed Berlin

    Abdulla Mangushev: Four Years at the Front and a Life in Science

    The Zazersky architects built and defended the city on the Neva

    LISI graduate Mikhail Zherbin is a design engineer and composer

    He went from being a technical lieutenant to a galaxy of mathematicians

    Konstantin Sakhnovsky: from a cadet of the Russian Empire to an academician of the USSR

    Military architect of the front line of defense and engineering reconnaissance

    A world-renowned scientist, an outstanding engineer and a national champion

    An outstanding urban planner who lived and worked in besieged Leningrad

    Scientific Regiment. Projects of the architect Sergey Evdokimov: from defensive structures and city restoration to metro stations

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

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

    http://www.spbgasu.ru/nevs-and-events/nevs/scientific-regiment-volunteer-Mikhail-laletin-after-the-front-to-university-and-then-possibly-to-officers/

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

    MIL OSI Russia News

  • MIL-OSI: Convocation of the General Extraordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Source: GlobeNewswire (MIL-OSI)

    Special closed-ended type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – the Company or INVL Technology), informs that on the initiative and decision of the management company INVL Asset Management, UAB (hereinafter – the Management Company), the General Extraordinary Shareholders Meeting (hereinafter – the Meeting) is to be held on 21 October 2024.

    The place of the Meeting: the office of Company, the address Gyneju str. 14, Vilnius.

    The Meeting will start at 09:00 a.m. (registration starts at 08:45 a.m.).

    The Meeting’s accounting day 14 October 2024 (the persons who are shareholders of the Company at the end of accounting day of the Meeting or authorized persons by them, or the persons with whom shareholders concluded the agreements on the disposal of voting right, shall have the right to attend and vote at the Meeting).

    The total number of shares of the Company is 12,175,321 units shares; the number of shares giving the right to vote at the general meeting of shareholders is 11,989,855 units shares.

    Agenda of the Meeting:

    1. Regarding the election of an auditor to carry out the audit of the annual financial statements and setting conditions of payment for audit services.

    Draft resolutions of the Meeting:

    1. Regarding the election of an auditor to carry out the audit of the annual financial statements and setting conditions of payment for audit services.

    Considering that PricewaterhouseCoopers, UAB has audited the Company for 10 years and, in accordance with the requirements of Regulation (EU) No. 537/2014 of the European Parliament and of the Council, can no longer continue to provide audit services, it is decided to:

    1.1. Based on the results of the Company’s surveys of audit firms and the recommendation provided by the audit committee, to appoint BDO Auditas ir Apskaita, UAB, as the Company’s audit firm for the audit of the Company’s annual financial statements for the years 2024, 2025, and 2026, and for the assessment of the Company’s management reports.

    1.2. To authorize the person appointed by the Management Company to sign the audit services contract, according to which the payment for the audit of the financial statements for the three financial years and the evaluation of the management reports will be the price agreed by the parties, but not exceeding 52,500 euros (excluding VAT) for the entire three-year period.

    1.3. To stipulate that the Board of the Management Company reserves the right to increase the remuneration of the audit company by no more than 25 percent of the total remuneration approved by this decision if the scope of audit work changes significantly.

    The documents related to the agenda, draft resolutions on every item of the agenda, documents that have to be submitted to the General Shareholders Meeting and other information related to the realization of shareholders’ rights are published on the Company’s website http://www.invltechnology.lt section For investors, and also by prior agreement available at the premises of the Company, located at Gyneju str. 14, Vilnius (hereinafter – the Premises of the Company) during working hours. Phone for information +370 5 279 0601.

    The shareholders are entitled:

    1. to propose to supplement the agenda of the Meeting submitting draft resolution on every additional item of agenda or, then there is no need to make a decision – explanation of the shareholder (this right is granted to shareholders who hold shares carrying at least 1/20 of all the votes). Proposal to supplement the agenda is submitted in writing sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01109 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt. The agenda is supplemented if the proposal is received no later than 14 days before the Meeting. In case the agenda of the Meeting is supplemented, the Company will report on it no later than 10 days before the Meeting in the same way as on convening of the Meeting.
    2. to propose draft resolutions on the issues already included or to be included in the agenda of the Meeting at any time prior to the date of the Meeting (in writing, sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01109 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt or in writing during the Meeting (this right is granted to shareholders who hold shares carrying at least 1/20 of all the votes).
    3. to submit questions to the Company related to the issues of the agenda of the Meeting in advance but no later than 3 business days prior to the Meeting in writing sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01109 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt. All answers related to the agenda of the Meeting to questions submitted to the Company by the shareholders in advance, are submitted in the Meeting or simultaneously to all shareholders of the Company prior to the Meeting. The Company reserves the right to answer to those shareholders of the Company who can be identified and whose questions are not related to the Company’s confidential information or commercial secrets.

    The shareholder participating at the Meeting and having the right to vote, must submit the documents confirming personal identity. A person who is not a shareholder shall, in addition to this document, submit a document confirming the right to vote at the Meeting. The requirement to provide the documents confirming personal identity does not apply when voting in writing by filling in a general ballot paper.

    Each shareholder may authorize either a natural or a legal person to participate and to vote on the shareholder’s behalf at the Meeting. An authorised person has the same rights as his represented shareholder at the Meeting unless the authorized person’s rights are limited by the power of attorney or by the law. The authorized persons must have the document confirming their personal identity and power of attorney approved in the manner specified by law which must be submitted to the Company no later than before the commencement of registration for the Meeting. The Company does not establish special form of the power of attorney. A power of attorney issued by a natural person must be certified by a notary. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner established by law. The persons with whom shareholders concluded the agreements on the disposal of voting right, also have the right to attend and vote at the Meeting.

    Shareholder is entitled to issue power of attorney by means of electronic communications for legal or natural persons to participate and to vote on its behalf at the Meeting. No notarisation of such authorization is required. The power of attorney issued through electronic communication means must be confirmed by the shareholder with a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder shall inform the Company on the power of attorney issued through the means of electronic communication by e-mail info@invltechnology.lt not later than on the last business day before the Meeting. The power of attorney and notification must be issued in writing and could be sent to the Company by electronic communication means if the transmitted information is secured and the shareholder’s identity can be identified. By submitting the notification to the Company, the shareholder shall include the internet address from which it would be possible to download software to verify an electronic signature of the shareholder free of charge.

    Shareholders of the Company are urged to use the right to vote on the issues in the agenda of the Meeting by submitting properly completed general voting bulletins to the Company in advance. The form of general voting bulletin is presented at the Company’s webpage http://www.invltechnology.lt section For Investors. If shareholder requests, the Company shall send the general voting bulletin to the requesting shareholder by registered mail or shall deliver it in person no later than 10 days prior to the Meeting free of charge. If general voting bulletin is signed by a person authorized by the shareholder, it should be accompanied by a document certifying the right to vote.

    The Company invites its shareholders who decide to participate in the Meeting to choose one of the following alternatives:
    __________

    Alternative No. 1:

    A shareholder or person authorised by them should complete and sign a written voting bulletin and send it to the Company by e-mail (info@invltechnology.lt) and send the original bulletin by registered or ordinary post to the address Gynėjų str. 14, LT-01109 Vilnius. Properly completed written voting bulletins may be sent by registered or ordinary post to the address Gynėjų str. 14, LT-01109 Vilnius without submitting a copy to the e-mail address specified or delivered in person to the Company on business days at the Company‘s registered address mentioned above. Along with a bulletin, a document confirming the right to vote must also be sent. Those voting bulletins shall be deemed valid which are properly completed and are received before the start of the General Meeting of Shareholders.

    __________

    Alternative No. 2:

    A shareholder or person authorised by them should complete a written voting bulletin, save it on their computer and sign it with a qualified electronic signature. Send the written voting bulletin which is properly completed and signed with a qualified electronic signature to the Company by e-mail at info@invltechnology.lt.

    The Company suggests using the following free qualified electronic signature systems: Dokobit and GoSign.

    __________

    Alternative No. 3:

    If shareholders of the Company do not have the possibility to use voting alternatives No. 1 or No. 2, the Company will provide conditions for the shareholders or persons duly authorised by them to come on 21 October 2024 to the address Gyneju str. 14 in Vilnius, to the Company’s Meeting.

    The person authorized to provide additional information:
    INVL Technology Managing Partner
    Kazimieras Tonkūnas
    E-mail  k.tonkunas@invltechnology.lt

    Attachment

    The MIL Network

  • MIL-OSI Europe: Statement on advisory against travel to Lebanon

    Source: Government of Sweden

    Statement on advisory against travel to Lebanon – Government.se

    Please enable javascript in your browser

    Published

    The security situation in Lebanon is serious and unpredictable, and it could deteriorate very quickly.

    Since October 2023, the Ministry for Foreign Affairs has advised against all travel to Lebanon. The Ministry also urges all Swedes who, despite the official advice, are currently in the country to leave as soon as possible. 

    Despite the serious situation and the advice against travel, it is estimated that at least 2 000 Swedes are currently in Lebanon. In addition, more than 5 000 Swedes are expected to travel to the country in the coming weeks. This is deeply concerning and serious.

    An advisory against all travel to a country and urging people to leave is the Ministry for Foreign Affairs’ most stringent advisory. It is a very strong signal that the security situation is serious and can rapidly change. It means that the Ministry and the Embassy have very limited opportunities to help people who may need consular support. 

    Anyone who chooses to stay in, or travel to, Lebanon bears a high degree of personal responsibility.

    It is important that anyone who – in the current situation – chooses to stay in or travel to Lebanon be aware that the Ministry for Foreign Affairs and the Embassy will have severely limited possibilities to provide consular support if the situation deteriorates. 

    Short cuts

    MIL OSI Europe News

  • MIL-OSI Europe: Sweden’s National Statement at the 79th Session of the United Nations General Assembly

    Source: Government of Sweden

    Mr President, Excellencies,

    We are gathered in this Assembly while the world, and this organisation, are facing major and existential challenges.

    We are gathered while we are witnessing an unprecedented number of armed conflicts. From Ukraine to Sudan, the eastern Democratic Republic of the Congo and Gaza.

    We are gathered while we are failing at our collective goal of maintaining international peace and security, of saving future generations from the horrors of war and from the disastrous consequences of underdevelopment and climate change.

    Mr President,

    The UN Charter – the sovereign equality of all states, the peaceful settlement of disputes, the prohibition of the threat or use of force against any state – is being challenged. We must stand by the Charter.

    Sweden’s strong defence of international law, including the UN Charter, is based on the understanding that both our own security and that of other countries depends on it.

    Ensuring respect for sovereignty, territorial integrity and political independence of all states – both large and small – is in our common interest. At its core lies the need for a global system that is open, predictable and applies equally to all.

    In too many places around the world, including in Sweden’s immediate neighbourhood, we are witnessing the consequences of violations of the rules and principles we have all agreed to.

    Since the start of Russia’s aggression against Ukraine in 2014, and with the full-scale invasion of Ukraine in 2022, Russia has brutally invaded the territory of another UN Member State. This Assembly has strongly and repeatedly condemned Russia’s aggression against Ukraine as a blatant violation of international law, including the UN Charter.

    If a member of the Security Council is allowed to reap the fruits of aggression, the harmful impact will not stop with Ukraine. Russia’s leadership will continue its attempts to impose its rule on neighbouring countries.

    The territorial integrity and sovereignty of all states must serve as a basis for a comprehensive, just and lasting peace in Ukraine. This was confirmed at the Peace Summit in Switzerland in June, which gathered some 100 delegations from all continents.

    Ukraine has made clear from the start that it wants a peaceful settlement based on the UN Charter. As President Zelensky rightfully said in his speech before this assembly yesterday: “There can be no just peace without Ukraine.” Sweden’s steadfast support for Ukraine’s efforts to restore its sovereignty and territorial integrity will continue for as long as it takes.

    As a direct response to Russia’s full-scale invasion, Sweden and Finland chose to join NATO. For Sweden’s part, this represents a truly historic change, ending 200 years of military non-alignment. This was our decision to take, because it is the right of each state to choose its own security policy path.

    Sweden’s NATO membership gives us a new, crucial platform to defend the fundamental values of our foreign and security policy. We will apply the same principled approach in NATO as we do in the UN, the EU, the OSCE and the Council of Europe. In other words, we will continue to defend international law, democracy, individual freedoms, human rights and gender equality.

    Mr President,

    Sweden has always defended the universal principles of sovereignty and the right to self-determination. In fact, Sweden has consistently supported countries struggling for liberty, independence and democracy – not least in Africa. And we continue to be an engaged partner of African countries. 
    To take just one example, I am deeply concerned about the situation in Sudan. More than 10 million people have been displaced, which roughly corresponds to the entire population of my own country. Safe, rapid and unhindered humanitarian access, an immediate ceasefire and negotiations ensuring a return to civilian rule are urgently required.

    Therefore, Sudan is among the countries receiving the most humanitarian support from Sweden this year. Sweden remains a key partner and donor of UN humanitarian assistance, as well as of peacekeeping and peacebuilding efforts.

    Similarly, Sweden supports the ongoing peace efforts by the United Nations in Yemen, where we will continue to work with our partners for a principled and inclusive humanitarian response. The people of Yemen are looking to the international community for hope, for a way out of humanitarian despair. We must answer that call.

    Mr President,

    We are also faced with the threat of a regional war, the consequences of which no one can predict. My country’s longstanding commitment to peace efforts in the Middle East dates back to 1948 and the efforts of UN mediator Folke Bernadotte. Today, Sweden is one of the largest core donors to UN agencies and other organisations working to mitigate the immense suffering of the civilian population in Gaza. At the same time, Sweden stands up for Israel’s right to defend itself in accordance with international law and demands that the hostages be released.

    Israel is being threatened by Iran and its allies simultaneously on several fronts. Hezbollah’s repeated attacks since October 8th has led to a dangerous military escalation. Sweden fully supports the efforts by the United States, France and others to reach a diplomatic solution. A ceasefire would provide space for reaching a diplomatic settlement consistent with UN Security Council resolution 1701 as well as the implementation of UN Security Council 2735 on a ceasefire in Gaza.

    In the longer term, Sweden – like the EU and the United States – believes in the idea of a two-state solution in which Israelis and Palestinians can live side by side in peace, freedom and democracy.

    Mr President,

    In order to address global challenges, we need to ensure that our aid helps to mobilise additional resources, not least private capital.
    Development assistance alone is not enough to build long-term wealth and welfare.

    It must go hand in hand with democracy, the rule of law, market development, trade, investments and technology transfer. We see that clearly in the countries now leaving poverty behind.

    We must also redouble our efforts to achieve the 2030 Agenda. Sweden is one of the world’s most generous donors of development assistance. Through our development assistance, we are accelerating the implementation of the Sustainable Development Goals. To achieve this, strong national ownership in partner countries and a broader approach to development cooperation among donors is needed.

    We must also step up the fight against corruption so that economic growth benefits the whole of society, not just the few.

    Mr President,

    I can only note that women have been underrepresented as speakers this week at the General Debate. Women make up 50 percent of the world’s population, yet less than 10 percent of speakers this week are women. There is a lot of room for improvement in this regard.

    I agree with the Secretary-General that global opposition to gender equality is on the rise. That is why gender equality is a core value in Sweden’s foreign policy.

    So let me say this: countries that stand up for women’s and girls’ rights are not only champions of freedom and human rights. They also benefit from broad labour market participation and economic growth.

    Respect for human rights, providing sexual and reproductive health and rights services, and empowering young girls and women are tangible contributions to advancing gender equality. This is what I want for the future of my daughter and for the daughters of others, too.

    Simply put, our free society must stand up against those who wish to exploit our freedom to restrict the freedom of others. Everyone must be able to live safely and freely, regardless of religious beliefs or personal convictions, regardless of skin colour and regardless of whom they love. To my government, this is of such importance that we have begun work on an action plan for equal rights and opportunities for LGBTQI people.

    The green and digital transition offers vast opportunities in terms of new jobs, increased growth and improved livelihoods. Sweden aims to become climate-neutral by 2045, at the latest. As early movers, we want to show that it is possible to reduce emissions while maintaining economic growth. At the same time, global ambitions on climate action and climate financing must be raised. Here as well, we are increasing our support even further and enhancing its effect, advancing innovative financial models to mobilise more private capital.

    Mr President,

    The many crises in our world today have shed a harsh light on the need for reforms of our multilateral system. We need global governance structures that can withstand the challenges of our time and that are resilient against malevolent attempts to undermine the UN Charter.

    Action – implementation and follow-up – must be our approach as we look forward and take stock of the Summit of the Future and the Pact adopted there.

    The UN Security Council – the body entrusted with the ultimate responsibility to maintain international peace and security – must be effective, transparent and accountable.

    Sweden supports a balanced expansion of the Security Council to better reflect current global political and economic realities. This can be achieved by such means as adding new permanent and non-permanent seats, including for African countries.

    Sweden also supports the ongoing reform processes in multilateral development banks to increase the effectiveness and scale of financing to achieve the Sustainable Development Goals and implement the Paris Agreement.

    Another area where strengthened global governance is essential is outer space. Modern societies are becoming more and more dependent on space services and the space environment is becoming increasingly congested and contested.

    Sweden is strongly committed to preventing an arms race in outer space and safeguarding the use of space for peaceful purposes. This includes all states’ full compliance with existing international law, including the Outer Space Treaty. We will continue to promote the development of norms and rules for responsible behaviour in space.

    Together with Zambia, Sweden is proud to have co-facilitated the Global Digital Compact. Through this framework, all Member States have committed to strengthen international cooperation to close digital divides between and within countries and to establish the governance required for a sustainable digital future, including on Artificial Intelligence.

    Rest assured, Sweden will continue to fulfil its responsibility and be an active, engaged and constructive multilateral actor. We will continue to be a close – and demanding – partner to the UN. We will constructively demand more.

    More efficiency, more coherence, more impact, more innovation. This is how we will achieve our shared ambitions for the future, together.

    Mr President,

    This is a moment of major existential challenges. But we must not allow anything to stop us from defending the fundamental principles that form the foundation of this organisation.

    It is true that there are areas where international law needs to be developed to meet new challenges. However, it is equally true that hundreds of millions of people have been lifted out of poverty based on the norms, purposes and principles enshrined in the UN Charter.

    Global health and well-being have reached unprecedented levels. People across the globe are enjoying justice, peace, freedom and prosperity at levels unimaginable to previous generations.

    It is a legacy to be proud of. One that we must all do everything we can to uphold.

    Thank you.

    MIL OSI Europe News

  • MIL-OSI Europe: Joint Statement on Ukraine Energy Sector Support

    Source: Government of Sweden

    We, the G7+ Ministerial Group, met on the margins of the 79th Session of the United Nations General Assembly to reaffirm our unwavering support for Ukraine in the face of Russia’s brutal and unjust attacks on Ukraine and it’s energy infrastructure.

    We reaffirm our strong commitment to the territorial integrity, independence, and sovereignty of Ukraine within its internationally recognized borders and to focus on the key priorities needed to achieve a comprehensive, just, and lasting peace based on international law, including the UN Charter and its principles.

    We strongly condemn Russia’s continuous missile and drone strikes against Ukraine’s energy infrastructure and cities across Ukraine, which have escalated since March 2024 and severely threaten Ukraine’s energy security and the Ukrainian people’s access to critical services including electricity, heat, and water during the cold winter months, which could be the harshest for Ukraine since at least its independence. We highlight the regional implications of such attacks, notably on the Republic of Moldova’s energy security. Russia must end its war of aggression and pay for the damage it has caused.

    We recommit to supporting Ukraine’s immediate, medium, and long-term recovery and reconstruction in line with its path towards the EU and to work to involve our private sectors and local governments in the sustainable economic and social recovery of Ukraine. We welcome and underscore the significance of Ukraine’s commitment to business-enabling reforms that will establish a level playing field for investment in the energy sector. We stress the importance of the implementation of the National Energy and Climate Plan and the monitoring of this process. We will continue to support efforts of the Ukrainian government and people in these endeavors.

    We stress the importance of implementation of energy sector reforms in line with the EU accession path and fulfilling obligations under the Energy Community Treaty, including OECD-compliant corporate governance standards. This is especially crucial ahead of the winter, given the scale of repairs and new energy infrastructure needs.

    We acknowledge the need for international assistance to protect energy infrastructure from attacks, including through the strengthening of Ukraine’s air defense capabilities by the committed countries, and reaffirm our readiness to continue providing such assistance.

    We condemn Russia’s seizure and continued control and militarization of Ukraine’s Zaporizhzhia Nuclear Power Plant, which threatens energy security. We emphasize that any use of nuclear energy and nuclear installations must be safe, secured, safe-guarded, and environmentally sound. With reference to the UNGA resolution from 11 July on “Safety and security of nuclear facilities of Ukraine, including the Zaporizhzhia Nuclear Power Plant” we stress that Zaporizhzhia Nuclear Power Plant must return to the full sovereign control of Ukraine in line with IAEA principles and under its independent supervision.

    We are convinced that rebuilding Ukraine’s energy system in the short and long term is in the interest of enhancing global energy security and sustainability.

    We welcome further commitments to provide funding and in-kind support to address the Ukrainian energy sector’s most urgent needs, including repairs of damaged power plants and district heating systems, deployment of new, distributed power generation, emergency backup power for critical services, and passive protection for energy infrastructure. We call on the global community to urgently strengthen efforts in that regard and provide Ukraine with all assistance needed.

    We underline the important work of international partners, banks, and the Energy Community’s “Ukraine Energy Support Fund” in this regard. We call upon international partners to elevate their financial contributions, in particular to the latter fund in order to improve Ukraine’s resilience next winter.

    Based on the work of the Working Group on Energy Security and the outcomes of the First Global Peace Summit held on 15-16 June 2024 in Bürgenstock, Switzerland, as well as the results of a productive and constructive dialogue at the Energy Security Conference held on 22 August 2024, we reaffirm our unwavering commitment to achieving a comprehensive, just, and lasting peace for Ukraine.

    Based upon the Japan-Ukraine Conference for the Promotion of Economic Growth and Reconstruction in Tokyo, the 2024 Ukraine Recovery Conference (URC) in Berlin and looking ahead to the November 2024 UN Climate Change Conference (COP29) and the 2025 URC in Italy, we are committed to continue supporting immediate needs and Ukraine’s vision of a more decentralized, diversified, resilient, and renewable/sustainable energy system that is fully integrated with Europe.

    MIL OSI Europe News

  • MIL-OSI Russia: Tourist flow to Moscow exceeds 2019 record figures — Sergei Sobyanin

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The trend of increasing tourist flow to the capital continues. In the first six months of this year, Moscow received 12.2 million guests, which is six percent more than in the same period of 2019. This was reported by Sergei Sobyanin in his blog.

    “The absolute majority of tourists are our compatriots from other regions of Russia. Most often, people come to Moscow for vacation or holiday from St. Petersburg, Krasnodar Krai, Vladimir, Rostov, Tula regions,” the Mayor of Moscow noted.

    The average occupancy rate of hotels increased by 75 percent, which is 10 percent higher than the first half of 2023 and three percent higher than the first half of 2019. At the same time, the number of places to accommodate guests is also growing: five hotels with 507 rooms have opened since the beginning of the year.

    The contribution of tourism to the city’s economy is steadily growing. The volume of tourist and excursion consumption reached 650 billion rubles, of which budget revenues are estimated at 89 billion rubles. Both figures are a third higher than similar figures for 2019.

    Tourism growth is the result comprehensive support for the industry and close cooperation between the city and business.

    The majority of tourist traffic occurs during the May holidays and the summer vacation and holiday season.

    In the summer, 7.4 million tourists vacationed in Moscow. The average hotel occupancy rate was 78 percent, which is six percent more than the year before.

    At the same time, domestic tourism figures are also growing. This year, the capital was visited by 6.7 million people, which is 12 percent higher than the peak figures of the summer of 2019.

    Although the majority of travelers are Russians, every fifth guest at Moscow hotels this summer is a foreigner.

    The summer period brought 54.5 billion rubles to the city budget, and the volume of tourist and excursion consumption amounted to 398.1 billion rubles.

    The capital’s guests were especially fond of summer festivals, such as “Territory of the Future. Moscow 2030” and “Summer in Moscow. Everybody out on the streets!”

    Sergei Sobyanin: More than 12 million people visited the forum-festival “Moscow 2030”

    The United Arab Emirates Culture Days, which took place this summer on Manezhnaya Square, attracted over 300,000 people in five days. Visitors enjoyed fashion shows accompanied by traditional music, tried popular national dishes, and learned about unusual crafts. At the site, one could become a guest of a wedding show or see oriental landscapes at an open-air photo exhibition.

    The Moscow Estates Festival was held for the third time and became a record-breaker both in duration and scale. The number of visitors exceeded 700 thousand – this is 1.6 times more than in the two previous seasons combined.

    More than three thousand events took place: masquerades, theatrical performances, symphonic music concerts and musicals in the scenery of old estates, historical picnics, outdoor games of gorodki, badminton and serso.

    The festival brought together 40 estates in the capital.

    “We have managed to form a new weekend culture among Muscovites and tourists: the number of visitors to some estates has increased several times compared to the same period last year,” added Sergei Sobyanin.

    Post stations where you could sign a postcard with a quill pen were popular. From there, tourists sent over 65 thousand such messages to different cities in Russia.

    Almost every second guest of the festival visited the pavilions of the “City Dacha”, 255 liters of jam were cooked from seasonal berries.

    This season of “Moscow Tea Party” guests tried and chose the tea blend that is most associated with Moscow. Now golden-amber black tea with the taste of black and red currants, strawberries, with the addition of cornflower petals, safflower, rosebuds and orange slices can be purchased in the capital’s coffee shops.

    The real discovery was the iced Moscow tea. Restaurants and cafes presented more than 800 types of the soft drink, and also offered unique recipes. Muscovites and tourists drank about 50 thousand liters of iced tea.

    More than 500 events took place on Tverskaya Square, the festival’s flagship venue. They were attended by over 400,000 people. The most popular were thematic theatrical performances, musical talks, and interactive lectures related to tea culture, which were accompanied by useful master classes.

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

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

    https://vvv.mos.ru/major/themes/11815050/

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

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Stand News case sentencing set

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government said that justice was upheld in the District Court’s sentencing of three defendants in a case of “conspiracy to publish and/or reproduce seditious publication”.
     
    The court handed down its sentence today, following the conviction of three defendants on August 29.
     
    In a statement, the Hong Kong SAR Government explained that the court has held earlier that Chung Pui-kuen and Lam Shiu-tung, while holding chief editorial positions at Stand News, had knowledge and approved of the seditious intent of the articles, providing Stand News as a publishing platform for inciting hatred against the central authorities and the Hong Kong SAR Government, as well as hatred against the administration of justice.
     
    It added that the reasons for the verdict by the court have pointed out clearly that the ideology of Stand News was localism which excluded China, and that it even became a tool to smear and vilify the central authorities and the Hong Kong SAR Government during the movement of opposition to the proposed legislative amendments.
     
    The court found that the relevant articles, without any objective basis, attacked the relevant law and procedures; and relevant law enforcement and prosecutorial process; spread hatred and anti-government sentiment with disinformation; attacked law enforcement by Police and glorified the behaviour of rioters – in other words, they were not based on facts.
     
    The statement noted that to distort acts of inciting hatred as “journalism” is a complete reversal of right and wrong.
     
    According to Schedule 3 of the Implementation Rules of Article 43 of the Hong Kong National Security Law, the Department of Justice has made an application to the court for a confiscation order to confiscate the proceeds of the relevant crime.
     
    The department will continue to handle subsequent procedures in accordance with the law, the statement added.
     
    It also pointed out that the court stated in its reasons for sentence that at the time of the offence, the three defendants were not engaging themselves in genuine journalistic work but were participating in the so-called protest at the time.
     
    From the editorial of Stand News and News Stand, it is evident that they sided with the protesters against the Government. The crimes committed by the three defendants are very serious, it emphasised.
     
    The reasons for sentence also pointed out that, given Stand News had approximately 1.6 million followers, the seditious articles involved have undoubtedly caused significant harm to both the central government and Hong Kong SAR Government as well as the residents, although it is difficult to quantify, the statement noted.
     
    It added that the reasons for sentence indicated that, due to the severity of the offences, imprisonment is the only appropriate sentencing option.
     
    Regarding the length of the sentence, the maximum penalty is two years’ imprisonment.
     
    The Hong Kong SAR Government noted that this maximum penalty is completely disproportionate to the severity of the offences.
     
    According to the existing Safeguarding National Security Ordinance, the maximum penalty for the crime of sedition is seven years’ imprisonment.
     
    Based on Chung Pui-kuen’s culpability, a starting point of 23 months’ imprisonment was adopted, and a sentence of 21 months was passed.
     
    For Lam Siu-tung, a starting point of 14 months’ imprisonment was adopted but due to the potential risk to his life if sent to prison, a sentence was imposed that allows for his immediate release.
     
    The statement revealed that following the verdict in this case, some people have expressed concerns about freedom of the press and speech in Hong Kong.
     
    It added that some foreign media or other people with ulterior motives, as well as anti-China organisations and anti-China politicians, made untruthful and purely political remarks smearing the Hong Kong SAR.
     
    The Hong Kong SAR Government made it clear that it has made clarifications and rebuttals many times to set the record straight.
     
    It indicated that, as demonstrated in the court’s reasons for its verdict, Stand News completely disregarded objective facts and contravened the “special duties and responsibilities” which journalists must observe under international human rights conventions.
     
    It also mentioned that the Basic Law and the Hong Kong Bill of Rights guarantee fundamental rights such as the freedom of expression, peaceful assembly, procession and demonstration.
     
    Members of the public, including journalists, in Hong Kong are, as always, free to make comments or criticisms that are based on facts, and to enjoy and exercise freedoms of the press and of speech in accordance with the law, without fear of unwittingly violating the law.
     
    In addition, the statement indicated that it is the constitutional duty of the Hong Kong SAR to safeguard national security.
     
    In this regard, the Hong Kong SAR Government will ensure that laws are observed and continue to enforce the law resolutely, decisively and rigorously with a view to effectively preventing, suppressing and imposing punishment for acts and activities endangering national security with all-out efforts.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Friendly cooperation main theme of China-Estonian ties: Wang Yi

    Source: China State Council Information Office 3

    Chinese Foreign Minister Wang Yi on Thursday met with Estonian Foreign Minister Margus Tsahkna on the sidelines of the UN General Assembly session in New York.

    Estonia is an important cooperation partner for China in the Baltic region. Friendly cooperation is the main theme of bilateral relations, which aligns with the shared expectations of both peoples and represents the direction that both sides should continue to pursue, said Wang, also a member of the Political Bureau of the Communist Party of China Central Committee.

    While China and Estonia have different histories, cultures, environments, and face different challenges, this does not hinder the two countries from strengthening mutually beneficial cooperation to serve the well-being of their people, Wang said, adding it also does not affect their joint efforts to safeguard international peace and security based on respect for the purposes and principles of the UN Charter.

    China is willing to continuously enhance mutual trust with Estonia, continue to respect each other’s legitimate concerns on core interests, and lay a solid political foundation and inject vitality in improving bilateral relations, said Wang.

    Estonia, as an important member of the European Union, is expected to promote the EU institutions’ adherence to free trade, resolve differences through dialogue and consultation, and promote the healthy and stable development of China-EU relations, he said.

    Tsahkna said Estonia has a long history of exchanges with China and has maintained pragmatic cooperation, clearly upholding the One-China policy. Estonia appreciates China’s emphasis on respecting the purposes and principles of the United Nations Charter.

    For a small country like Estonia, international law and international order are as important as nuclear weapons. Estonia pays close attention to the Ukraine crisis, values China’s position, and hopes that China will play a constructive role, said Tsahkna.

    Wang pointed out that China is not a party to the Ukraine crisis, but has always been committed to peace, actively mediating and promoting negotiations to facilitate a political resolution. China’s diplomacy is guided by the principles of upholding justice, maintaining fairness, and pursuing peace. For all hotspot issues, China advocates seeking political solutions through dialogue and consultation.

    The immediate priority in the Ukraine crisis is to de-escalate the situation and prevent the conflict from further expanding, which aligns with the interests of European countries. China will faithfully fulfill its responsibilities as a permanent member of the UN Security Council and continue to contribute to peace, said Wang.

    MIL OSI China News

  • MIL-OSI China: China, EU willing to resolve disputes through dialogue

    Source: China State Council Information Office

    Both China and the European Union (EU) have clearly expressed political willingness to address disputes through consultations, China’s Ministry of Commerce said Thursday.

    The remarks came from ministry spokesperson He Yongqian in response to a media inquiry about recent consultations between Chinese Minister of Commerce Wang Wentao and European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis on the EU’s anti-subsidy case involving Chinese electric vehicles.

    The spokesperson described the talks as “comprehensive, in-depth and constructive.”

    During the talks, the two sides agreed to push forward negotiations on a price commitment agreement and fully commit to achieving a mutually acceptable solution through amicable dialogue and consultations, according to the spokesperson.

    Currently, technical teams from both sides are actively discussing a flexible price commitment solution, following the direction set during the talks. They are striving to reach a consensus on a solution framework before the final ruling, the spokesperson said.

    The spokesperson emphasized that China has the “utmost sincerity” to appropriately resolve disputes through dialogue and consultations. “At the same time, we are fully determined to safeguard the legitimate interests of Chinese companies.”

    MIL OSI China News

  • MIL-OSI Russia: Sobyanin: Vascular centers received 8 angiographs with 3D modeling function

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Since the beginning of the year, eight newest angiographs with 3D modeling function have been purchased for vascular centers. Sergei Sobyanin reported this in his telegram channel.

    “Today, 3D technologies provide a full cycle of support for doctors – from training to planning and conducting high-tech interventions. They allow doctors to create highly accurate three-dimensional models of the patient’s vascular network, taking into account all anatomical features,” the Mayor of Moscow noted.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin

    With the help of such models, doctors can conduct a kind of rehearsal of the operation. This gives doctors the opportunity to plan the route to the vascular lesion in advance, choose the optimal position for installing the stent and accurately select its size. Thanks to this, risks during the operation are reduced, and the time it takes to complete is shortened.

    Another important advantage of 3D models is that they eliminate the need for additional X-ray examinations. The radiation load on patients and medical personnel is reduced.

    Three-dimensional modeling technologies are also actively used for training X-ray surgeons.

    Moscow doctors have developed a technique for diagnosing childhood strokes — SobyaninSobyanin: More than 370 units of the latest medical equipment installed in Moscow medical institutions

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

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

    https://vvv.mos.ru/major/themes/11829050/

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

    MIL OSI Russia News

  • MIL-OSI Russia: Muscovites have become almost three times more likely to seek video consultations from employees of government service centers

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Since the beginning of the year, employees of the My Documents government service centers have conducted almost eight thousand video consultations. This is almost three times more than the results of the same period in 2023. In total, since the service was launched in 2021, specialists have conducted more than 13 thousand video consultations for city residents. Today, thanks to the service on the mos.ru portal, Muscovites can consult on issues related to government services without leaving their homes. To do this, simply sign up on the portal.

    Most often this year, users sought video consultations on issues of housing and communal services charges, payments and compensations for families with children and large families, payments and benefits for pensioners and people of pre-retirement age, as well as on the topic of guardianship and trusteeship.

    Since 2024, city residents have had the opportunity to receive online consultations on issues of recalculation of housing and communal payments, charges and debts, confirmation of documents on education and (or) qualifications, academic degrees and titles. Video consultations on guardianship issues related to the issuance of preliminary permission for transactions with property and the disposal of funds of minors, incapacitated or partially incapacitated citizens have also become available. City residents can also receive preliminary information on the disposal of funds from the ward’s account in the Telegram channel using the chat bot “Guardianship”.

    As noted in the capital Department of Information Technology, today, thanks to the service on the mos.ru portal, you can ask questions not only to employees of the My Documents government service centers, but also to representatives of 13 departments. Online consultations are available on more than 200 different topics. For example, you can find out about the procedure for obtaining a birth certificate, pension, foreign passport, TIN, compulsory medical insurance policy, as well as other important services.

    Using the service “Sign up for a consultation and personal appointment online” Residents of the capital, legal entities and individual entrepreneurs registered on mos.ru can sign up for an online meeting in a few minutes using any electronic device, without visiting the institution. To do this, on the portal in the catalog of services for residents, go to the “Documents” section, then select “Popular in the section”, then – “Sign up for a consultation and personal appointment online” and click on the button “Sign up for an online consultation with a specialist of the state services center or department”. The applicant can choose a life situation and the category of interest, as well as a convenient date and time for receiving the consultation. An invitation to an online meeting and a link to connect will be sent to your personal account and to your email address. The duration of one consultation is up to 20 minutes.

    Employees of government service centers provide online consultations on issues of confirmation of educational documents

    Online consultations are informational in nature. To submit documents, the applicant must personally contact any convenient government services center or use electronic services on the mos.ru portal.

    Increasing the availability of mass socially significant services in electronic form corresponds to the objectives of the national program “Digital Economy of the Russian Federation” and the regional project of the city of Moscow “Digital Public Administration”. More information about this and other national projects implemented in Moscow can be found on a special page.

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

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

    http://vvv.mos.ru/nevs/item/144519073/

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

    MIL OSI Russia News

  • MIL-OSI Russia: Convenient tool for real estate analysis and evaluation: DIT of Moscow spoke about the possibilities of the investment card

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On the investment map of the capital portal investtossov.ru in real time you can find current lots at city auctions and sites for the creation and development of production in Moscow. Currently, information is presented here on 2.4 thousand city property objects put up for auction in all districts, as well as more than 1.3 thousand investment sites that can be used to place production in the city.

    “The service’s functionality allows you to assess the attractiveness of a selected site based on several criteria, learn more about the real estate offered by the city, and select an object that suits your needs and goals. Based on the investment map information, entrepreneurs can make a preliminary assessment and make more informed decisions to launch a business project. In addition to comprehensive information on each lot presented, the map provides data on possible support measures for businesses and investors and general analytical information about the capital: investment indicators, human resources, infrastructure facilities,” said the deputy head of

    Department of Information Technology of the City of Moscow Roman Urnyshev.

    The “City auctions” section of the investment map presents capital property: buildings, non-residential premises, non-stationary retail facilities, as well as land plots for the construction of commercial or administrative real estate. Investors and entrepreneurs can buy, rent, or enter into an agreement for the right to conduct trade and other activities in these lots. Using filters, it is possible to select an object suitable for its purpose, location, area, initial cost, and other parameters. The information panel on the left displays the number of offers in each category, which allows you to save time and go straight to searching for current lots.

    Another section of the map is “Investment sites”. It contains information about land plots and premises that are available for the placement of various enterprises. Here you can find out about free areas in the special economic zone “Technopolis Moscow” and the capital’s technology parks, provided with infrastructure for the placement of production of any profile: from metallurgy and mechanical engineering to nanotechnology and software development. In addition, the section contains data on industrial cluster facilities, projects implemented within the framework of integrated development of territories, as well as offers from the investment catalog of Moscow.

    The investment map’s capabilities allow you to sort objects by location: within the district boundaries, near the desired metro station, or by exact address. Important tools are analytical layers that allow you to conduct a comprehensive assessment of the object’s potential. New layers are regularly added and the functionality of existing ones is expanded at user requests.

    In the press service of the capital Department of Investment and Industrial Policy They said that the investment map of Moscow has become a universal tool for investors and entrepreneurs when choosing a location to create production facilities in the city.

    Thus, analytical layers allow you to find out about the availability of parking in the area, the intensity of traffic and the possibility of passage of freight transport without issuing permits, the age and gender structure of the population. In addition, the map displays infrastructure facilities located in the immediate vicinity of the selected site – these are stores, public transport stops, educational institutions and construction sites.

    Thanks to the new analytical layer “Industry”, the investor can analyze the distance from the selected site to other enterprises, find out the name, legal data and scope of activities of these companies. This approach is useful when assessing a place according to certain criteria, such as the availability of the necessary communications and capacities for opening an enterprise, possible industrial hazards.

    Last year, the analytical layer “Cargo Framework” appeared, which allows you to assess the logistical accessibility of a future enterprise or retail outlet. It displays information about the roads on which freight transport can move without obtaining permits. And with the help of the layer “Traffic intensity” based on geoanalytics of mobile operators, it will be possible to track the congestion of roads depending on the time of year, day and day of the week.

    Isochrones are another useful investment map tool. They are used to calculate the walking and transport accessibility of any urban object. This indicator measures the distance that can be covered in a certain time, moving from a given point on foot, by bicycle or by car. Isochrones are used when calculating the potential effectiveness of a project to assess the coverage area and the distance of the object from houses, transport stops, schools, road junctions and other infrastructure objects.

    For example, when opening a store, you can build an isochrone and, based on the number of residential buildings in the area, calculate the approximate number of potential customers who live within a 10-minute walk of the future retail outlet. This tool also helps to evaluate the infrastructure of the place of interest and even determine the direction of investment in a specific urban segment.

    The Moscow Investment Portal is one of the most popular specialized resources for investors. It provides all the information on tax regimes, benefits, and support measures, including for industrial enterprises. The portal has more than 40 online services for investors, industrialists, entrepreneurs, and residents of the capital. The resource reduces the time spent searching for a site for opening or developing production, provides the opportunity to evaluate and pre-calculate the effectiveness of a future business, and opens a channel of direct communication with the Moscow Government, which, in turn, allows the city to promptly respond to requests from entrepreneurs and investors.

    The implementation of digital solutions in public administration is in line with the objectives of the national program “Digital Economy” and the Moscow regional project “Digital Public Administration”. More information about this and other national projects being implemented in the capital can be found find out here.

    Sergei Sobyanin told how the updated investment map of Moscow helps to choose a site for localizing a business

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

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

    http://vvv.mos.ru/nevs/item/144498073/

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

    MIL OSI Russia News

  • MIL-OSI China: $2.1b deals inked with Malaysia

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

    Cooperation agreements worth a total of 14.6 billion yuan ($2.1 billion) were signed on Wednesday to facilitate a China-Malaysia industrial park project and commodity trading between China and the Association of Southeast Asian Nations.

    The deals were inked during a trade promotion conference on the sidelines of the 21st China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region.

    Focusing on the China-Malaysia projects, bulk commodity trading and supply chain finance, the meeting promoted collaboration on 15 industrial projects, 15 bulk commodity trading projects and six financial innovation projects.

    Among the projects, the “Two Countries, Twin Parks” project is a major cooperative result achieved with the Belt and Road Initiative. As part of the project, the China-Malaysia Qinzhou Industrial Park (CMQIP) in Guangxi was launched in 2012, and its sister park — the Malaysia-China Kuantan Industrial Park (MCKIP) in Kuantan, Malaysia’s Pahang state — was set up in 2013.

    The conference saw participation of more than 300 delegations from economic and trade authorities, business associations, research institutions, bulk commodity trading platforms and representatives from over 240 companies in China and ASEAN member states.

    “The industrial park (MCKIP) is not only an economic cooperation project, but also an important engine that changes the economic landscape of Kuantan and Pahang state,” said Sim Chong Siang, an executive council member of Pahang.

    The building of the MCKIP has made Kuantan a vital trade hub, while attracting international investors and creating high-quality job opportunities for the local community, Sim said.

    Noting that this year marks the 50th anniversary of the establishment of China-Malaysia diplomatic relations — and the Year of China-Malaysia Friendship — Tan Pichuang, vice-chairman of Guangxi, said the region is willing to work with all partners concerning the twin parks to jointly promote infrastructure connectivity and cooperation in industry, investment, trade and finance.

    Tan said he looks forward to jointly developing the twin parks into an example of economic and trade innovation, as well as a demonstration zone for high-quality BRI cooperation on industrial capacity.

    Since the launch of the Beibu Gulf Mercantile Exchange in 2023, the platform has become a comprehensive supply chain service system, covering manganese-based products, new energy materials, palm oil, non-ferrous metals and fruit from ASEAN markets, said Wang Xiongchang, Qinzhou’s mayor and director-general of the administrative committee of the CMQIP.

    “To date, the platform has achieved a cumulative transaction volume of 50.8 billion yuan,” Wang said.

    Noting that Malaysia and China celebrated the 10th anniversary of the establishment of a comprehensive strategic partnership last year, Tan Tian Meng, secretary-general of the Associated Chinese Chambers of Commerce and Industry of Malaysia, said the bilateral relationship is at its best point in history.

    Tan said the twin parks of Malaysia and China have injected new vitality into the economic development of both countries, and he wishes to see more exchanges in the business sector to explore more opportunities in each other’s markets.

    MIL OSI China News

  • MIL-OSI China: Chinese modernization will create new opportunities: ambassador

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

    LONDON, Sept. 26 — Chinese Ambassador to the United Kingdom (UK) Zheng Zeguang has said that Chinese modernization will create new opportunities for China’s cooperation with other countries.

    Speaking at a reception held on Wednesday to celebrate the 75th anniversary of the founding of the People’s Republic of China, the ambassador recalled China’s remarkable achievements over the past 75 years, saying its development has been an engine for the global economy and injected positive energy into world peace.

    “With reform measures rolled out at the third plenum of the 20th CPC Central Committee, China’s social vitality will be further unleashed, development momentum reinforced, and high-quality development boosted, and new opportunities will be created for China’s cooperation with other countries,” Zheng said.

    He said that China and the UK should work together to follow up on the understanding between the leaders of the two countries, uphold mutual respect, enhance engagement, and expand cooperation, so as to build a stable and mutually beneficial relationship and contribute to world peace and stability.

    Parliamentary Under-Secretary Catherine West at the Foreign, Commonwealth and Development Office spoke on behalf of the UK government at the reception. More than 500 guests from all walks of life in the UK, ambassadors from various countries to the UK, and representatives from the Chinese community, Chinese-funded institutions, and Chinese students attended the event.

    Also at the reception, China-Britain Business Council Chair Sherard Cowper-Coles told Xinhua that China’s development is “without parallel in human history.”

    The UK has an economy and a society that is very complementary to China and the two sides enjoy a huge potential for cooperation, said Cowper-Coles. “I hope we can be part of Chinese modernization, and I hope the world can share in it.”

    He said: “I don’t believe in de-globalization or decoupling or de-risking, I think we de-risk by engaging with each other, by exchanging goods and services and ideas.”

    Highlighting a shared future between the two countries, he said, “We should have a shared future, we must have a shared future, and we must work together.”

    MIL OSI China News

  • MIL-OSI Australia: Boosting support for children affected by domestic violence

    Source: New South Wales Government 2

    Headline: Boosting support for children affected by domestic violence

    Published: 27 September 2024

    Released by: Minister for the Prevention of Domestic Violence and Sexual Assault


    Up to 1,800 children and young people experiencing domestic and family violence each year will now have access to specialised support services to help them recover and disrupt the cycle of abuse. 

    The Specialist Workers for Children and Young People (SWCYP) program provides a path to recovery for children and young people from 0 to 18 years of age, staying in refuges with their mothers after escaping domestic and family violence.

    The $48.1 million SWCYP investment from the NSW Government provides funding to expand the program to 10 new services covering an additional 34 Local Government Areas (LGAs) across NSW, the majority of which are in regional and rural NSW.

    Funding for 21 existing services will ensure delivery of the program in over 22 women’s refuges across 46 LGAs is extended to 30 June 2026, providing certainty for these services.

    This enhancement means children and young people accompanying their mothers in over 32 refuges across regional and metro NSW will have access to support from more than 55 specialist workers.

    The NSW Government is working hard to improve support for domestic and family violence victim-survivors and expand programs that reduce the rate of violence against women and children.

    Domestic and family violence can have a devastating impact on children and young people, whether they have witnessed or directly suffered abuse.

    The SWCYP program is a key part of the NSW Government’s $245.6 million domestic violence package. It recognises children and young people as victim-survivors in their own right and offers tailored support that is more holistic, trauma-informed, and preventative.

    Specialist workers develop an individualised support plan for each child or young person to help break the pattern of violence and prevent intergenerational trauma.

    An evaluation of the program by the University of NSW found the program delivered positive outcomes for participants by providing early intervention, preventing problems from escalating and disrupting the cycle of domestic and family violence.

    The evaluation noted children and young people who had received support from a specialist worker reported positive outcomes relating to their physical health, education, social needs, mental health, emotional needs, safety, cultural needs, employment and family relationships.

    See UNSW’s “Specialist Workers for Children and Young People Outcomes Evaluation – Final Report”.

    The NSW Government is taking a whole of government approach to address domestic and family violence, including rolling out our first dedicated Primary Prevention Strategy, holding perpetrators to account, and strengthening protections for victim-survivors through bail reforms and proposed changes to ADVOs.

    Minister for the Prevention of Domestic Violence and Sexual Assault Jodie Harrison said:

    “Supporting families through this holistic response is a critical step to preventing future cycles of violence.

    “Extending and expanding this program recognises that children and young people are victim-survivors of domestic and family violence in their own right. So it’s vital that we provide them with this much-needed support, that is a different response to their mother, in the space where refuge is sought.

    “This investment by our government is crucial and will provide life-changing help to children and young people as they recover from past trauma.

    “Every child deserves to live free from violence and its destructive impact on their health and wellbeing.”

    Domestic Violence Service Management CEO Stephanie Smith said:

    “Specialist workers for children and young people allow for a long-term sustainable solution to ending domestic and family violence in Australia. By intervening early with children and young people we are able to disrupt the normalisation of domestic and family violence and allow a reframe of values about relationships and gender dynamics early.

    “Our specialist workers are there specifically for the children who historically may have been left behind in the inevitable crisis caused by domestic and family violence. These workers allow the experience of children to be heard, acknowledged and addressed.

    “Our services are person-centered which means we don’t have a one-size-fits-all way of doing things. We start with thorough assessments based on what the child and parent are telling us and we regularly review and adapt our way of working with children to ensure we see progress.”

    MIL OSI News

  • MIL-OSI China: US chipmaking drive at risk with Intel’s mounting financial woes

    Source: China State Council Information Office 3

    Intel, once the biggest chipmaker in the United States by revenue, is facing mounting financial troubles that threaten to derail the U.S. government’s ambitious strategy to revitalize domestic chip manufacturing.

    Intel shares have taken a hard hit in recent months after the company reported a staggering net loss of 1.61 billion U.S. dollars in the second quarter and announced cutting about 15,000 jobs to save costs. This is viewed as an especially troubling sign when the company is expected to bolster the U.S. semiconductor workforce.

    Intel’s stock has plummeted by about a third since the release of its latest earnings report in August and nearly two-thirds this year.

    This fall has pushed Intel’s market value below 100 billion dollars for the first time in three decades, as the company struggled to compete with artificial intelligence (AI) chip designers while missing the growth opportunities from the AI-driven boom.

    Intel was reportedly considering a range of options to cut costs, including separating or selling its foundry business or building chips based on designs from other companies.

    The U.S. government bet big on Intel to boost domestic chip manufacturing. The company’s foundry business was viewed as crucial to achieving that goal.

    In a show of support, the U.S. Commerce Department announced in March that it would award Intel a nearly 20-billion-dollar incentive package, including 8.5 billion dollars in grants and 11 billion dollars in loans. This represents the largest award under the CHIPS and Science Act of 2022.

    The CHIPS Act, which allocated 39 billion dollars in grants to incentivize chip companies to build factories in the United States, aimed to reverse the decades-long shift of semiconductor production to Asia.

    According to the Commerce Department’s announcement in March, the government’s incentive was designed to support Intel’s efforts to produce cutting-edge semiconductors at large-scale plants in Arizona and Ohio. The money was also reported to help pay for research and development and advanced packaging projects at facilities in Oregon and New Mexico.

    Intel is currently constructing four chip factories in the United States, with two facilities each in Ohio and Arizona. The two factories in Licking County, Ohio, are part of a 20-billion-dollar project that could eventually accommodate up to eight factories and are expected to be completed in 2025.

    In Arizona, Intel is investing over 32 billion dollars to build two new leading-edge chip factories and modernize an existing facility at its Ocotillo campus, according to the company.

    Intel CEO Pat Gelsinger said earlier that building chip factories in the United States is economically uncompetitive compared with Asia, and he expected the government’s incentives to help redress that imbalance.

    However, despite these ambitious plans and the promise of government support, Intel has yet to receive any funds from the announced incentive package. Growing questions surround the timeline for Intel to access the nearly 20 billion dollars in CHIPS Act incentives, which are contingent on the company meeting specific milestones and requirements.

    According to a Bloomberg report this month, the Department of Commerce declined Intel’s request for funds, instead insisting that the company meet key milestones and conduct significant due diligence before it would consider releasing the money.

    The implications of Intel’s financial woes extended beyond U.S. borders. The company paused plans for new chip factories in Germany and Poland and delayed the opening of a new chip packaging plant in Malaysia following its dismal second-quarter financial results.

    Media reports suggest that Qualcomm had approached Intel to acquire parts of its business, though both companies declined to comment on the deal. Industry analysts, however, remained skeptical about the potential for such a deal to address the challenges facing U.S. chip manufacturing.

    Qualcomm, having never operated a chip factory before, may not be interested in buying Intel’s loss-making chip manufacturing unit, as it would be challenging to turn around or sell the unit, according to a Monday report by Reuters, citing industry analysts.

    MIL OSI China News

  • MIL-OSI China: SCIO Holds Press Conference on Providing Financial Support for High-quality Economic Development

    Source: Peoples Bank of China

    At the press conference held by the State Council Information Office (SCIO) at 9 a.m. on Tuesday, September 24, 2024, Pan Gongsheng, Governor of the People’s Bank of China (PBOC), Li Yunze, Minister of the National Financial Regulatory Administration (NFRA), and Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), briefed on the progress of providing financial support for high-quality economic development, and answered questions from the press. The transcript is as follows.

    Shou Xiaoli, Director-General of the Press Bureau of the SCIO and SCIO spokesperson: Good morning, ladies and gentlemen. Welcome to the SCIO press conference. Today we are glad to have PBOC Governor Pan Gongsheng, NFRA Minister Li Yunze, and CSRC Chairman Wu Qing at the conference. They will give introductions to their work on providing financial support for high-quality economic development and answer your questions. Now, I’ll give the floor to Mr. Pan Gongsheng.

    Pan Gongsheng, Governor of the PBOC: Thank you, Director-General Shou. Good morning, dear friends from the media! Glad to see you again. I want to thank you all for your long-standing attention and support regarding the financial sector reform and development and the work of the PBOC.

    Since the beginning of this year, the PBOC has been committed to the fundamental objective of providing financial services for the real economy, adhered to a supportive monetary policy stance and policy orientation, and made major monetary policy adjustments three times respectively in February, May, and July.

    In terms of the aggregates of monetary policy, the PBOC has adopted a variety of monetary policy tools, such as cutting the required reserve ratio (RRR) and policy rates, and bringing down the loan prime rate (LPR), to help create a favorable monetary and financial environment.

    Concerning the structure of monetary policy, the PBOC, with a focus on key links of high-quality development, has launched the central bank lending for sci-tech innovation and technological transformation in an effort to enhance financial support for sci-tech innovation and equipment upgrading and renovation. In addition, we have lowered the down payment ratio for housing mortgages, the mortgage rates, and the interest rates on personal housing provident fund loans. We have also set up the central bank lending facility for affordable housing to accelerate the destocking of housing inventory in a market-oriented manner.

    Regarding the transmission of monetary policy, we have improved the accounting method of the quarterly value-added of the financial sector, which has been adjusted from reckoning based on the growth of deposits and loans to an income-based approach. We have rectified the behavior of luring depositors with manual interest subsidy, reduced and prevented the idle circulation of funds within the financial system, activated existing financial resources that are inefficiently occupied, and enhanced the efficiency of fund use, thus improving the efficiency of monetary policy transmission.

    As for exchange rates, we let the market play a decisive role in the formation of exchange rates. We have maintained the flexibility of the exchange rate while strengthening guidance of expectations, and kept the RMB exchange rate basically stable at an adaptive and equilibrium level.

    The monetary policies have continuously delivered results. At end-August, the aggregate financing to the real economy (AFRE) registered a year-on-year growth of 8.1 percent, and RMB loans increased by 8.5 percent year on year, about 4 percentage points higher than the nominal GDP growth rate. Besides, financing costs were at historically low levels.

    In line with the decisions and arrangements made by the Communist Party of China (CPC) Central Committee and to further support stable economic growth, the PBOC will firmly adhere to a supportive monetary policy stance, intensify monetary policy adjustments, and implement more targeted adjustment measures, thereby fostering a favorable monetary and financial environment for the stable growth and high-quality development of the economy.

    At today’s press conference, I would like to announce several polices.

    The first is to lower the RRR and policy rates, and thus bring down the benchmark market rates. The second is to cut interest rates on existing home loans and unify the minimum down payment ratio. The third is to launch new monetary policy tools to support stable development of the stock market.

    First, we will cut the RRR and policy rates. We will lower the RRR by 0.5 percentage points, injecting approximately RMB1 trillion of long-term liquidity into the market in the days to come. We may further cut the RRR by 0.25 to 0.5 percentage points within the year, depending on liquidity conditions in the market. As for the central bank policy rates, we will lower the 7-day reverse repo rate by 0.2 percentage points from the current 1.7 percent to 1.5 percent. Meanwhile, we will bring down both the LPR and deposit rates, and thus keep net interest margins (NIMs) of commercial banks stable.

    Second, we will cut interest rates on existing home loans and unify the minimum down payment ratio for personal housing loans. To achieve that, we will guide commercial banks to lower the interest rate on existing home loans to a level close to that on newly issued loans, with an anticipated average decline of approximately 0.5 percentage points. We will unify the minimum down payment ratio for first- and second-home mortgages, with the nationwide minimum down payment ratio for second homes to be reduced from 25 percent to 15 percent. As for the RMB300 billion of central bank lending facility for affordable housing launched by the PBOC in May, the proportion of its funding support for banks and purchasing entities will be raised from the original 60 percent to 100 percent, so as to enhance market-oriented incentives for them. Together with the NFRA, we will extend the term of policies on commercial property loans and the “16-Point Plan”, which are set to expire by the end of this year, until the end of 2026.

    Third, we will launch new monetary policy tools to support stable development of the stock market. One is to establish a swap facility for securities, fund and insurance companies to support eligible institutions in obtaining liquidity from the central bank by pledging their assets. This facility will significantly enhance these institutions’ ability to raise funds and increase stock holdings. The other is to launch a special central bank lending to guide banks to provide loans to listed companies and their major shareholders for buying back shares and increasing stock holdings.

    For the above-mentioned policy measures, we will release policy documents or announcements item by item on the PBOC’s official website.

    This is my brief introduction. Next, I am glad to answer your questions together with Minister Li Yunze and Chairman Wu Qing. Thank you!

    CCTV: We know that so far this year, the PBOC has carried out three major adjustments of monetary policy. As Governor Pan just mentioned, there will be further reductions of the RRRs and the policy rates. People are widely concerned about the policies on aggregates as they will play an important role in stabilizing growth. So would you explain these policies in more detail? Thank you.

    Pan Gongsheng: Aggregates in monetary policy have been of great concern both to the public and in the market. As I have said on different occasions, the PBOC will adhere to a supportive monetary policy stance by stepping up monetary policy adjustments and enhancing their precision. We have used a mix of monetary policy tools to support stable growth of the real economy. While working on the adjustments to monetary policy tools, the PBOC has taken account of the following factors in particular. The first is to support the stable growth of the Chinese economy. The second is to push for a mild rebound in prices, an important factor to consider in developing monetary policy tools. The third is to strike a proper balance between providing support for the growth of the real economy and maintaining the soundness of the banking sector. The fourth has to do with the exchange rate, that is, to keep the RMB exchange rate basically stable at an adaptive and equilibrium level. In addition, we have attached importance to the coordination of monetary and fiscal policies so as to support the proactive fiscal policy playing its part more effectively.

    Regarding the specific adjustments to macro policies and the policies on monetary aggregates, which I talked about in my opening remarks, here are some more details.

    First, let’s look at RRR reductions. Having lowered the RRR by 0.5 percentage points this February, the PBOC is to carry out another RRR reduction of 0.5 percentage points, which will provide approximately RMB1 trillion of long-term liquidity to the financial market. Currently, the weighted average RRR for financial institutions stands at 7 percent. Following the adjustment, it will be lowered from 8.5 percent to 8 percent for large banks and from 6.5 percent to 6 percent for medium-sized banks, with the RRR for rural financial institutions remaining at 5 percent, which has been in place for some years. With the implementation of the RRR reduction policy, China’s average RRR for the banking sector will be around 6.6 percent, still having room compared with the central banks of the other major economies of the world. Since there are three months to go before the end of the year, it is likely we will further lower the RRR by 0.25-0.5 percentage points based on changing circumstances.

    Second, turning to policy rate cuts, in July, we lowered the 7-day reverse repo rate for open market operations (OMOs), the PBOC’s main policy rate, from 1.8 percent to 1.7 percent. This time, it will be reduced by 20 basis points from 1.7 percent to 1.5 percent. With the functioning of the market-oriented mechanism for interest rate regulation, the policy rate adjustment will lead to adjustments of benchmark market rates. As a result, the medium-term lending facility (MLF) rate is expected to go down by about 0.3 percentage points, while the LPR and deposit rates will decline by 0.2-0.25 percentage points.

    Overall, this interest rate adjustment will have a neutral influence on the NIMs of banks. Although cutting the interest rates on existing home loans will affect the interest revenue of banks, it will reduce the demand of customers for advance repayment of loans. An RRR cut by the central bank is equivalent to direct provision of low-cost, long-term funds for banks. MLF operations and OMOs are the main channels through which the PBOC provides commercial banks with short- and medium-term funds, so that interest rate cuts will also reduce the funding costs for banks. What’s more, as I mentioned just now, the LPR and deposit rates are also expected to see corresponding decreases. The re-pricing effect achieved through our previous efforts on guiding deposit rates downward via the self-regulatory mechanism for interest rates will materialize in a cumulative manner.

    In formulating the plan for the policy adjustment, the PBOC team has conducted several rounds of careful, quantitative analysis and assessment, which show this interest rate adjustment will have a neutral influence on bank profits and the NIMs of banks will remain basically stable. Thank you.

    Reuters: Despite the implementation of multiple policies aimed at attracting home buyers and alleviating the loan burdens of homeowners, housing prices in China continue to decline. In some cities, overall housing prices have experienced double-digit decreases. To this end, do China’s financial regulators believe that the time has come to introduce new monetary policies? Thank you.

    Pan Gongsheng: Thank you for your question. It’s a very good question and a prevalent concern of the society. We provide support in diminishing risks and fostering healthy development for the real estate market mainly from a financial standpoint, pursuant to our responsibilities. In recent years, the PBOC has refined macro-prudential financial policies for the real estate sector. We have adopted an integrated approach to address both the supply and demand. Key measures include reducing the minimum down payment ratio several times for personal housing loans, lowering lending rates, removing the policy floor for mortgage rates, and setting up a central bank lending facility for affordable housing to facilitate the purchase of existing residential properties. To implement the decisions and arrangements made by the CPC Central Committee on promoting the stable and sound development of the real estate market, the PBOC, in collaboration with the NFRA, is about to introduce five new policies regarding the real estate finance.

    The first policy is to encourage banks to reduce the interest rates on existing mortgage loans. In August last year, the PBOC urged commercial banks to implement these reductions in an orderly manner, yielding relatively positive results. Previously, mortgage loans were adjusted with reference to the LPR, with a uniform policy floor applied across the country. However, under the new mortgage policy launched on May 17 this year, the floor has been removed. As a result, the interest rates on new mortgage loans have been further reduced relative to the LPR. This significant decline has further widened the interest rate spreads between the new and the existing mortgage loans, particularly in major cities such as Beijing, Shanghai, Shenzhen, and Guangzhou. In this context, the PBOC will guide banks to conduct batch adjustments to the interest rate on existing mortgage loans, lowering it to a level close to the newly issued. We anticipate the average reduction to be approximately 0.5 percentage points. We use the term “average” because loans are issued during various time frames, and the interest rates on existing mortgage loans vary across issuing periods, regions, and banks. This is why I say the rate of decline is an average number.

    Banks reducing the interest rates on existing mortgage loans can significantly lower the interest expenses for borrowers. We anticipate that this policy will benefit approximately 50 million households and 150 million individuals, leading to an average annual decrease in interest expenses of around RMB150 billion for households. This reduction is expected to stimulate consumption and investment, while also contributing to the decrease in prepayment. Furthermore, it will help compress the space for illicit refinancing of existing mortgages, thereby safeguarding the legitimate rights and interests of financial consumers and contributing to the stable and healthy development of the real estate market.

    This document will be officially released soon. Given numerous borrowers involved, banks need some time to make necessary technical preparations. Moving forward, we are also considering guiding commercial banks to enhance the pricing mechanism for mortgage loans. This will allow both banks and customers to make dynamic adjustments through independent negotiations based on market-oriented principles.

    The second policy is that a minimum down payment ratio of 15 percent now applies to both first- and second-home loans. In order to better support the rigid demand for housing and the needs to improve living conditions of urban and rural residents, at the national level, second-home buyers will no longer be discriminated from first-home buyers when applying for residential housing loans, with the minimum down payment ratio of 15 percent applying to both types of buyers. On May 17, the minimum down payment ratio for first-home buyers was lowered to 15 percent, while that for second-home buyers stayed at 25 percent, and from now onwards, the two will share the same ratio of 15 percent. I would like to specifically mention two points. Firstly, the local authorities may adopt city-specific policies, independently choosing to differentiate or not the first- and second-home buyers, thus setting the minimum down payment ratio within their jurisdictions. Since China is a large country, the real estate markets of different cities and regions vary greatly, so local governments may adopt differential policies to determine the minimum down payment ratio within their jurisdictions based on the floor set at the national level. Secondly, commercial banks may negotiate the specific down payment ratio with their clients, according to the risk profile and willingness of the clients. Since 15 percent is the floor for the down payment ratio, commercial banks may ask for a higher down payment after evaluating the risk of the clients. Or the client may be wealthy enough to offer a 30 percent down payment on the house. It depends on the market-based negotiation between commercial banks and individuals.

    The third policy is to extend the period of two policy measures on real estate financing. Previously, the PBOC and NFRA launched together the “16-Point Plan” and policies on commercial property loans, which have played positive roles in promoting the stable and healthy development of the real estate market and in defusing risks in the market. Among them, some temporary measures, such as the rollover of outstanding loans of property developers and commercial property loans should expire on December 31, 2024, according to previous policy design. We have made the decision together with the NFRA this time to extend the two policies from December 31, 2024 to December 31, 2026.

    The fourth policy is to improve the central bank lending for affordable housing. On May 17, the PBOC launched the central bank lending for affordable housing with a size of RMB300 billion. We guided financial institutions to support local state-owned enterprises to purchase those completed yet unsold housing at a reasonable price based on market principles and the rule of law. The purchased properties shall then be resold or rented as affordable housing. It was an important measure to reduce the housing inventory. To further enhance market-based incentives for banks and the acquiring entities, we have increased the proportion of funds provided by the PBOC from 60 percent to 100 percent for the facility. For example, previously the PBOC was to provide RMB6 billion for a RMB10 billion loan granted by a commercial bank, whereas now the PBOC will provide low-cost funding in full amount, to speed up sales of commodity housing stock.

    The fifth policy is to support the purchase of property developers’ land inventory. Apart from spending the proceeds of some local government special bonds on buying the land reserves, we are studying on allowing policy banks and commercial banks to lend to qualified enterprises to acquire the land inventory of property developers based on market principles. It is to activate the inventory of land and ease financial strains of the property developers. When necessary, the PBOC may provide support through central bank lending. We are studying the policy together with the NFRA.

    Thank you!

    Market News International: Does the Federal Reserve’s 50 bps rate cut this month leave more room for further monetary policy easing in China? How does the PBOC evaluate the impact of the Fed’s rate cut on China’s foreign exchange market? Thank you.

    Pan Gongsheng: Thank you for your questions. Recently, major economies have adjusted their monetary policy stance. We can see that the depreciation pressure of RMB has significantly been alleviated, and RMB has turned to appreciation. On September 18, the Federal Reserve cut rates by 50 bps, which was the first cut after its rate hike in the past couple of years. Meanwhile, other central banks also kicked off their easing cycle. For example, the European Central Bank has lowered the rates twice since June this year by 50 bps in total. The Bank of England cut the bank rate by 25 bps in August. The Bank of Canada and the Sveriges Riksbank also turned to rate cut. Except for the Bank of Japan, most major economies have started to cut rates. The momentum of US dollar appreciation has weakened, with the US dollar Index retreated on the whole. Since the beginning of August, the US dollar Index fell by 3 percent, which is now hovering at around 101. With the convergence of domestic and overseas monetary policy cycles, the external pressure for the RMB exchange rate to remain basically stable has largely been reduced. On September 23, the RMB was trading roughly at 7.05 against the US dollar, appreciating 2.4 percent since August.

    Since the exchange rate is a relative value of one currency to another, it will be influenced by various factors, such as the economic growth, monetary policy, financial markets, geopolitics, unexpected risk events. All these factors may impact the exchange rate.

    From the external point of view, the external environment and the path of US dollar movement are still uncertain because of geopolitical movements like the diverging economic development of different countries and the US presidential election, as well as the volatile global financial market.

    Given the domestic developments, we believe there is a solid foundation for the RMB exchange rate to remain stable.

    First, from a macro perspective, the momentum of economic recovery will be further consolidated and strengthened. The strong monetary policies launched by the PBOC will help support the real economy, promote consumer spending, and boost market confidence.

    Second, the balance of payments remains broadly stable. In the first half of the year, the current account surplus was 1.1 percent of GDP, which remained within a reasonable range.

    Third, the PBOC and the State Administration of Foreign Exchange (SAFE) attach great importance to the development of the foreign exchange market. Market participants have become more mature, trading behaviors have been more rational, and market resilience has significantly improved. In the first half of this year, the proportion of import and export companies hedging exchange rate risks reached 27 percent, and the proportion of cross-border trade in goods settled in RMB registered 30 percent. These two figures do not overlap. Therefore, if we add the two figures, we can conclude that around 50 percent of companies are not that vulnerable to exchange rate risks in foreign trade. As the PBOC has communicated to the market on several occasions, in the context of two-way fluctuations in the RMB exchange rate, market participants should treat exchange rate volatility rationally, adopt the philosophy of risk neutrality, and refrain from “betting on exchange rate directions” or “betting on unilateral development”. Enterprises should focus on their main businesses, and financial institutions should continue to serve the real economy well.

    The PBOC’s stance on exchange rate policy is clear and transparent. The key points are as follows: first, we adhere to the decisive role of the market in exchange rate formation and maintain the elasticity of exchange rate; second, we need to strengthen expectation management to prevent the formation of a one-sided and self-fulfilling expectation in the foreign exchange market, guard against the risk of exchange rate overshooting, and keep the RMB exchange rate basically stable at an adaptive and equilibrium level.

    Thank you!

    CNBC Reporter: Analysts believe that the decline in Chinese government bond yields is partly due to market expectations of slower economic growth and an accommodative monetary policy stance. What is the PBOC’s response to this? What measures will be taken? Thank you.

    Pan Gongsheng: The discussion on this topic has cooled down recently, though there was a lot of hype earlier. The PBOC has communicated with the market in an appropriate manner for multiple times. The earlier decline in Chinese government bond yields was due to several factors. For instance, the PBOC guided market interest rates to move down through policy rates, and the .government bond issuance was relatively slow in the early period. Besides, small and medium-sized financial institutions lacked risk awareness and swarmed to the market, creating the effect of herd flock and exacerbating the situation. Driven by the market, China’s current long-term government bond yield hovers around 2.1 percent. The PBOC respects the role of the market. Undoubtedly, this has created a favorable monetary environment for China to implement proactive fiscal policy.

    However, it should be noted that interest rate risk is an important part of risk management of financial institutions. The case of Silicon Valley Bank in the United States is highly instructive as a risk event. As we are all aware, it reminds us that central banks need to observe and assess market risks from a macro-prudential management perspective and take appropriate measures to mitigate and prevent the accumulation of risks. This is an important mandate of central banks.

    Currently, as an important price signal, the government bond yield curve still has flaws such as insufficient long-end pricing and lack of stability. The PBOC has issued risk warnings regarding long-term government bond yields and has strengthened communication with the market to prevent the potential systemic risk of a one-sided decline in long-term government bond yields incurred by the effect of herd flock.

    Maintaining trading order in the bond market is also a mandate of central banks. Recently, the PBOC has identified violations in the bond market such as price manipulation, account lending, and tunneling. We will step up efforts to crack down on violations in the interbank bond market and keep the public updated on the developments. The National Association of Financial Market Institutional Investors (NAFMII) have already informed the public of several cases under investigation. Once the investigations are completed, we will make an announcement to the public.

    In recent years, as financial markets develop rapidly in China, the bond market have gradually expanded and deepened. The conditions for the central bank to purchase and sell government bonds as a way of injecting base money through the secondary market have been basically satisfied. I elaborated on our corresponding plan at the Lujiazui Forum on June 19. Currently, the PBOC has incorporated the purchasing and selling of government bonds into the monetary policy toolkit and begun to implement the instrument. Our operations are highly transparent, the information of which are available to the public on our official websites. We are also working with the Ministry of Finance to study on improving the issuance pace, maturity structure, and custody system of government bonds. The purchase and sale of government bonds by the PBOC in the secondary market will be progressive.

    Thank you!

    Financial News reporter: What are the main considerations for launching securities fund insurance swap facility and special central bank lending for listed companies and major shareholders to buy back shares and raise holdings? How will the PBOC conduct these operations? Thank you.

    Pan Gongsheng: Thank you for your questions. In order to maintain stability of China’s capital market and boost investor confidence, the PBOC, based on the international experiences and our own practices, has aligned with the CSRC and the NFRA and launched two structural monetary policy tools to support stable development of the capital market. This is also the first time that PBOC has innovated structural monetary policy tools to support the capital market.

    The first tool is a swap facility for securities, fund, and insurance companies. This facility supports eligible securities, fund and insurance companies, as determined by the CSRC and NFRA under specific regulations, in swapping their holdings of bonds, stock ETFs, and constituent stocks of the CSI 300 Index as collateral for high-liquidity assets like government bonds and central bank bills from the PBOC. Government bonds and central bank bills differ significantly from other assets held by market institutions in terms of credit rating and liquidity. Many assets held by institutions currently suffer from poor liquidity due to prevailing market conditions. By swapping these assets with the PBOC, market institutions can obtain higher-quality, more liquid assets, which will greatly improve their ability to raise funds and increase stock holdings. We plan to launch this swap facility at an initial scale of RMB500 billion, which may be expanded in the future based on market developments. As I said with Chairman Wu Qing, as long as the initial RMB500 billion works well, a second RMB500 billion could follow, and potentially even a third RMB500 billion. I believe this is possible, and our attitude remains open. The funds obtained under this facility can only be used for investing in the stock market.

    The second tool is central bank lending to support buybacks and holdings increase. This tool directs commercial banks to provide loans to listed companies and their major shareholders, specifically for buying back and raising holdings of the shares of the listed companies. In fact, it is a common practice in international capital markets for shareholders and listed companies to buy back shares and increase holdings. The PBOC will provide central bank lending to commercial banks in full amount, at an interest rate of 1.75 percent. The interest rate on loans provided by commercial banks to their customers is around 2.25 percent, which means a 0.5 percentage points increase. Given the current conditions, the 2.25 percent interest rate is also very low. The initial quota is RMB300 billion. If the tool works well, as I have discussed with Chairman Wu Qing, another RMB300 billion or even a third RMB300 billion could be provided. However, we need to assess the market conditions and make evaluations going forward. This tool is applicable to listed companies of different ownership, including state-owned enterprises, private enterprises, and mixed-ownership enterprises. We make no distinction between different ownership. The PBOC will closely cooperate with the CSRC and the NFRA, while cooperation from market institutions is also essential to successfully carry out this work.

    Thank you all!

    Shou Xiaoli: Thanks to our three speakers, and also thanks to our friends from the media for your participation. This is the end of today’s press conference.

    Date of last update Nov. 29 2018

    MIL OSI China News

  • MIL-OSI Economics: ADB Approves $2 Million Grant to Support Viet Nam’s Typhoon Yagi Disaster Response

    Source: Asia Development Bank

    HA NOI, VIET NAM (27 September 2024) — The Asian Development Bank (ADB) has approved a $2 million grant to assist the Government of Viet Nam in providing emergency and humanitarian services to residents affected by the super Typhoon Yagi in the northern region of the country.

    “We highly commend the extraordinary efforts of the Government and people of Viet Nam in responding to the damage caused by Typhoon Yagi,” said ADB Country Director for Viet Nam Shantanu Chakraborty. “ADB’s grant will support wider government efforts to deliver immediate humanitarian relief. ADB is also committed to working with the government on post-disaster recovery in the affected provinces to build back better and improve resilience, which is critical in the face of accelerating natural hazards.”

    The grant is funded by the Asia Pacific Disaster Response Fund, which aims to provide support to ADB’s developing member countries affected by major disasters triggered by natural hazards.

    Typhoon Yagi, the strongest typhoon to hit Viet Nam in decades, made landfall on the northern coast of the country on 7 September. As of 24 September, 337 people have been killed or reported missing and another 1,935 people injured, according to the Viet Nam Disaster and Dyke Management Authority.

    The typhoon and subsequent flooding and landslides caused widespread damage in 26 provinces, with an estimated 37 million people living in the affected areas. Initial economic loss across northern part of Viet Nam is estimated at around $2.6 billion.

    ADB has been working with other development partners to support the government’s response to the disaster, including assessing assistance needs in the affected northern provinces. ADB’s emergency assistance aims to help ensure that people living in disaster areas have access to basic medical and social services and resources to rebuild their lives and livelihoods and will continue to work closely with the government and other development partners to deliver humanitarian assistance in line with United Nations Resident Coordinator Disaster Response Plan.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

    MIL OSI Economics

  • MIL-Evening Report: Australia’s air and tourism industries need government-backed insolvency insurance. Here’s why

    Source: The Conversation (Au and NZ) – By David Beirman, Adjunct Fellow Management & Tourism, University of Technology Sydney

    Australia has a long history of domestic airlines collapsing, often affecting thousands of travellers, yet the industry provides little or no recompense.

    Even the federal government’s recently released aviation discussion paper recognised the need for change by recommending important protections for passengers. These included making airlines honour refunds if flights were cancelled or significantly delayed.

    The 2024 Aviation White Paper included the most consumer friendly proposals in 30 years. However, there was one significant omission in the 156-page report.

    There was no mention of insolvency protection for airline passengers. To put it simply, if a domestic or international airline collapses there is little likelihood passengers who paid airfares will receive a refund.

    In most cases, passengers affected by airline collapses receive little or no compensation. Fewer than 20% of Australian domestic passengers pay for domestic travel insurance compared to the 90% of Australians who buy insurance when they fly internationally.

    A history of failed airlines

    Since 1990 we have seen the rise and fall of multiple Australian airlines. This includes Compass Mark 1, Compass Mark 2, Ansett Airlines, Impulse Air and Aussie Air.

    In May, Bonza collapsed after less than a year of operation. And more recently, services operated by REX (Regional Air Express) between capital cities stopped and its regional services are under pressure.

    Virgin and Qantas immediately volunteered to honour the inter-city bookings of some REX ticket holders. However, nearly all affected Bonza passengers lost their money because no other airlines flew the same routes.

    The risk of both domestic and international airline collapses affecting Australian travellers is real. Consumers are as entitled to be protected from that risk as they are from many other travel related risks.

    The UK and European approach

    The UK approach to insolvency insurance has worked well since 1973. The UK scheme is known as “ATOL” or Air Travel Operators Licence. It applies to package tour companies who sell air travel combined with land tours or accommodation

    This user-pays, government-guaranteed insurance cover is compulsory for all British travellers who book a package tour. It costs only A$5 per person. It guarantees a full refund and return flights to the passenger’s point of origin if the tour operator goes out of business.

    A similar scheme has operated in the European Union since 1990, its known as the European Package Travel Directive.

    As part of a 2024 book I co-edited with Bruce Prideaux, I focused on the collapse of the famous British tour operator, Thomas Cook in 2019.

    I also compared insolvency consumer protection in the UK with that of Australia and New Zealand.

    The Thomas Cook experience

    When Thomas Cook collapsed in the United Kingdom and Europe, 600,000 British and European Union passengers were fully refunded the cost of their tours and flown to their port of departure under their regions’ respective schemes. And the cost of their disrupted tours was refunded.

    Funding built into the UK scheme covered full refunds to affected passengers at negligible cost to government which guaranteed the scheme.

    By contrast, a far smaller collapse of two Australian based tour operators, Tempo Holidays and Bentours in September 2019 affected fewer than 1,000 passengers.

    However not all the affected travellers were refunded due to the limitations of the insolvency scheme run by what was then the Australian Federation of Travel Agents.

    Under this scheme travellers only receive insolvency protection if they pay by credit or debit card. There is a reliance on banks to refund if a tour operator becomes insolvent. If the passenger paid for their tour by cheque or cash, no refund applied.

    What Australia needs

    There are three key categories of business insolvency which affect travellers. The collapse of an airline, the collapse of a tour operator and the collapse of a travel agent.

    If the Australian government is genuinely interested in protecting travel consumers at minimal cost to the taxpayer we should be using the UK and European schemes as a model.

    A compulsory user-pays, government guaranteed insolvency protection scheme would cost the consumer very little and would be an ideal safety net for consumers in the event that their travel company goes bust.

    David Beirman is affiliated in an honorary basis with DFAT’s Consular Consulting Group, a stakeholder group which advises DFAT on government travel advisories and broader issues of tourism safety and security.

    ref. Australia’s air and tourism industries need government-backed insolvency insurance. Here’s why – https://theconversation.com/australias-air-and-tourism-industries-need-government-backed-insolvency-insurance-heres-why-239060

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: Maritime and Coastguard Agency celebrates World Maritime Day 2024

    Source: United Kingdom – Executive Government & Departments

    The Red Ensign and International Maritime Organization flag have been raised at Maritime and Coastguard Agency headquarters in Southampton.

    The International Maritime Organization flag flying outside the Maritime and Coastguard headquarters in Southampton.

    To mark World Maritime Day 2024, the Maritime Coastguard Agency (MCA) is underlining its commitment to seafarer safety, environmental protection and longstanding collaboration with maritime partners.

    The MCA is also reiterating its drive to support the next generation of seafarers and maritime experts.

    This year’s World Maritime Day theme, “Navigating the future: safety first!”, looks to focus on “a collective effort to keep pace with the ongoing transformation in shipping”, and regulatory regimes that prioritise safety in the face of technological advance.

    Several legislative enhancements came into effect in the UK this year, aimed at saving lives at sea, protecting marine environments and anticipating technological change, in areas of autonomous shipping and MASS (Maritime Autonomous Surface Ships).

    World Maritime Day 2024

    Shipping Minister Mike Kane MP has written to Secretary-General Arsenio Antonio Dominguez Velasco to congratulate the International Maritime Organization (IMO) on World Maritime Day, which this year marks 50 years since the signing of the International Convention for the Safety of Life at Sea (SOLAS).

    Maritime Minister Mike Kane MP said:

    World Maritime Day offers an opportunity to renew our resolve to build a greener, more prosperous and dynamic maritime sector.

    In this new era of technology, we’ve been working tirelessly to make sure UK maritime has the best protections and practices in the world – including cracking down on fraud, strengthening the rules on autonomous vessels and looking at how we can protect ships in the Red Sea.

     We look forward to continuing this work to deliver the changes that will transform the industry for the better.

    Virginia McVea, Chief Executive of the Maritime and Coastguard Agency said:

    The theme of World Maritime Day 2024 challenges us all to consider how new and emerging technologies may be harnessed.

    As we at MCA consider our role in enabling economic growth for the UK, our core purpose of maritime safety remains.

    World Maritime Day 2024 marks 50 years since the signing of SOLAS, and we celebrate lives saved at sea and refocus our energies on the IMO’s objectives for maritime going forward.

    World Maritime Day is celebrated annually and is used to focus attention on the importance of shipping safety, security and the marine environment.  It also emphasises a particular aspect of IMO’s work each year. 

    The Red Ensign and the IMO’s flag will fly at the MCA’s headquarters in Southampton in honour of World Maritime Day.

    This year’s theme reflects the organization’s aims to protect the marine environment, enhance maritime safety and security, and anticipate technological change and innovation.

    Press office

    Email public.relations@mcga.gov.uk

    Press enquiries (Monday to Friday, 9am-5pm) 0203 817 2222

    Outside these hours or on bank holidays and weekends, for media enquiries ONLY, please send an email outlining your query and putting #Urgent in the subject title.

    Updates to this page

    Published 26 September 2024

    MIL OSI United Kingdom

  • MIL-OSI: Dryden Gold Presents at the Battery and Precious Metals Virtual Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Sept. 26, 2024 (GLOBE NEWSWIRE) — Dryden Gold Corp. [TSXV: DRY, OTCQB: DRYGF] (“Dryden Gold” or the “Company”) is pleased to announce that it will be presenting at the Battery and Precious Metals Virtual Investor Conference, hosted by Virtual Investor Conferences on October 2nd, 2024.

    CEO, Trey Wasser will be giving a 20-minute corporate presentation followed by a short Q&A on October 2nd at 10:30am ET.

    The Battery and Precious Metals Virtual Investor Conference is designed to provide investors a live, interactive platform to ask participating companies questions in real-time. A replay of the live webcast will be available for follow-up. Investors are encouraged to pre-register https://bit.ly/3z584tW.

    Date: Wednesday, October 2, 2024
    Time: 10:30am – 11am ET
    Presenter: Trey Wasser, CEO and Director

    Dryden Gold Corp. Highlights:

    • Dryden Gold’s fall drill program was designed to follow-up on the high-grade shoots discovered on the Elora and Big Master Gold Systems.
    • In the Phase 5 drill program, the Company drilled nine holes totalling approximately 1,600 meters. Visible gold was present in several holes. Assays are pending.
    • The property has excellent infrastructure, enjoys collaborative relationships with First Nations communication and benefits from proximity to an experienced mining workforce.
    • Dryden Gold just upsized its current financing because of increased demand for its shares so their fall drill program is now fully funded.

    ABOUT VIRTUAL INVESTOR CONFERENCES®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    ABOUT DRYDEN GOLD CORP.
    Dryden Gold Corp. is an exploration company focused on the discovery of high-grade gold mineralization listed on the TSX Venture Exchange (“DRY”) and on the OTCQB marketplace (“DRYGF”). The Company has a strong management team and Board of Directors comprised of experienced individuals with a track record of building shareholder value through property acquisition and consolidation, exploration success, and mergers and acquisitions. Dryden Gold controls a 100% interest in a dominant strategic land position in the Dryden District of Northwestern Ontario. Dryden Gold’s property package includes historic gold mines but has seen limited modern exploration. The property hosts high-grade gold mineralization over 50km of potential strike length along the Manitou-Dinorwic deformation zone. The property has excellent infrastructure, enjoys collaborative relationships with First Nations communities and benefits from proximity to an experienced mining workforce.

    For more information go to our website http://www.drydengold.com.

    CONTACT INFORMATION

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Cautionary Note Regarding Forward-Looking Statements
    The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements include, but are not limited to, statements with respect to : the acquisition of the Property, receipt of corporate and regulatory approvals, issuance of common shares; future development plans; future acquisitions; exploration programs; and the business and operations of Dryden Gold. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings including receipt of TSX Venture Exchange approval for the acquisition of the Property; risks related to environmental regulation and liability; the potential for delays in exploration or development activities; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in Dryden Gold’s and the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward–looking statements. These forward-looking statements are made as of the date hereof and Dryden Gold and the Company do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Dryden Gold’s and the Company’s expectations or projections.

    The MIL Network

  • MIL-OSI NGOs: Cameroon: Civil society members arbitrarily detained in Garoua must be immediately released

    Source: Amnesty International –

    The Cameroonian authorities must immediately release three supporters of the association Pouvoir au Peuple Camerounais (Power to the People of Cameroon – PPC) and their relatives arbitrarily arrested and detained for a fortnight and put an end to arbitrary arrests and detention in the country, Amnesty International said today.

    On 9 September, three supporters of the PPC, Moustapha Tizi, Mohamadou Ballo and Ibrahim Oumarou were arrested allegedly for wearing t-shirts bearing the name of the organization in the town of Figuil, in the Mayo-Louti department in the North region. Hapsatou Issa, the sister of a PPC spokesperson, was also arrested on the same day. The PPC, a youth organization founded in August 2024, calls for a regime change.

    “A year ahead of the presidential election in which President Paul Biya, who has been in power since 1982, plans to run, arbitrary arrests and detention of people perceived as critical against the regime are multiplying. The visit to Cameroon at the beginning of August by the United Nations High Commissioner for Human Rights, who cited ‘serious concerns over restrictions on the freedom of expression and association and the right to peaceful assembly’, has not altered this trend,” said Fabien Offner, researcher at Amnesty International’s regional office for West and Central Africa.

    MIL OSI NGO

  • MIL-OSI USA: Deputy Pentagon Press Secretary Sabrina Singh Holds a News Briefing

    Source: United States Department of Defense

    SABRINA SINGH:  All right. Good afternoon, everyone. Okay. Just a few things at the top and then happy to take your questions. This morning, Secretary Austin departed for London to attend the AUKUS defense ministerial meeting. The AUKUS DMM is the third of its kind, marking three years of enhanced security partnership and provides an opportunity for Secretary Austin to meet with his UK and Australian counterparts to review progress and outline steps for continued work under pillar one and pillar two of AUKUS.

    We’ll have more to share in the coming days, but under pillar one, you can expect the secretary to reaffirm the United States’ commitment to supporting Australia’s acquisition of a conventionally armed nuclear powered submarine capability. Under pillar two, Secretary Austin and his counterparts will discuss plans to further enhance collaboration and harmonize acquisition processes over the next two years to accelerate the delivery of advanced capabilities to our defense forces.

    AUKUS presents a unique opportunity for our nations to collectively enhance our military capabilities, improve interoperability and advance a shared vision for a free and open Indo-Pacific. The department looks forward to continuing to work with our UK and Australian partners to implement this important work. Earlier this week, the navy announced that USS Harry S. Truman carrier strike group departed naval station Norfolk, Virginia for a regularly scheduled deployment to the US naval forces Europe Africa US six fleet area of operations, demonstrating the commitment and power projection capability of the navy’s globally deployed force.

    The strike group will operate in the US European command area of responsibility in support of our maritime partners and NATO allies. Switching gears, the department continues to monitor tropical storm Helene, as it is forecasted to intensify into a hurricane as it approaches the northeastern Gulf coast on Thursday. Florida and Georgia have both declared states of emergency and the governor of Florida has activated more than 3,300 national guardsmen and 12 rotary wing aviation assets in state active duty status.

    These guardsmen are prepositioned around the state to provide responsive sustained support including high wheeled vehicle rescues, aerial support, route clearance and commodities distribution. Additionally, in the next 24 to 48 hours, the States of Georgia, Alabama and North Carolina are expected to activate the National Guard as well. For more information, I would encourage you to reach out to National Guard Bureau of Public Affairs.

    And to close, last night, the Senate confirmed more than 6000 of our highly qualified military nominees in the Air Force, Army Marine Corps, Navy and Space Force. These confirmations include Lieutenant General Nordhaus to be Chief of the National Guard Bureau, Vice Admiral Halsey to be Commander of US Southern Command. Lieutenant General Reed to be Commander of US Transportation Command and Lieutenant General Brunson to be Commander of US Forces Korea. We’re very glad that the Senate has confirmed these officers for critical positions during this time and for our national security and with that, I’d be happy to take your questions.

    Tara?

    Q:  Thanks, Sabrina. So later this week, we’re possibly expecting an agreement on the withdrawal or transition of US troops in Iraq. What still needs to be done in that agreement? It seems from the Iraqi perspective that this decision has been made and the details are set.

    SABRINA SINGH:  So thanks Tara, I appreciate the question. I think as you alluded to, we’ll probably have more details to share later this week. What we’ve said from the beginning is that we know that the global coalition and that international coalition is going to transition into a bilateral security relationship with the Iraqis. And this has been worked through the US Iraq Higher Military Commission working groups.

    So again, we should have more to share later this week, but at this time, I don’t want to get ahead of that process.

    Q:  Is it safe to assume that this means a reduction in the forces that are there from the 2,500?

    SABRINA SINGH:  I think we’ll have more to share this week.

    Q:  OK. Secondly, the status of the refueler that’s been damaged, and do you know anything else about what caused it to either run aground or run into something?

    SABRINA SINGH:  Sorry, I was just trying to find some more for you on that. The ship that you’re referring to was damaged when it was, I believe, in the fifth fleet AOR. Currently under investigation to what exactly caused that damage, but that oil tanker refueler has been towed to a port and there was no leakage from the ship. But in terms of impacts to operations, no impacts there. But for more information, I’d have to refer you to the navy.

    Q:  And so you don’t know what caused the damaged?

    SABRINA SINGH:  That’s right, we’re investigating the incident. Great. OK. Idrees and welcome back.

    Q:  Israel’s military chief, I think earlier today said that strikes in Lebanon would continue in order to not only destroy Hezbollah’s infrastructure but also prepare for a possible ground invasion. Just a general comment and do you see a ground invasion as likely or even imminent?

    SABRINA SINGH:  So in terms of a ground incursion or a ground invasion, that’s really for the Israelis to speak to. We certainly don’t want to see any action taken that could lead to further escalation in the region. We still believe that there is time and space for diplomacy. We want to see a diplomatic resolution and a solution to prevent an all-out war. But in terms of the Israeli operations, I’d have to refer to them to speak to that.

    Q:  And just to follow up, last week, I think the secretary had near daily calls with his Israeli counterpart, he hasn’t spoken with them since the 22nd. Is there any reason for that? And should we expect any conversations between the two of them in the coming days?

    SABRINA SINGH:  I think you can expect them to continue to engage. Just because they haven’t spoken every day, doesn’t mean that our teams haven’t been in communication. Again, he engages with Minister Gallant on a pretty regular basis and when we have more to share on when the next call happens, we’ll certainly read it out. But just because he hasn’t had one every single day this week doesn’t mean that we’re not engaging with the Israelis.

    You’ve seen, maybe not from this building, but other agencies part of this administration engaging their Israeli counterparts, so we’re continuing that dialogue. Fadi?

    Q:  Thank you, Sabrina. Is there any support that the Pentagon is providing to the Israeli military in the current situation in Lebanon?

    SABRINA SINGH: In terms of any like ground support or air support?

    Q:  Any support, even in terms of intelligence?

    SABRINA SINGH:  No, no support.

    Q:  Not even intelligence sharing?

    SABRINA SINGH:  No.

    Q:  So up until, I guess unless there’s some changes, you’ve been describing what’s happening as defensive operations. I believe in the first day, almost 500 civilians were killed, including women and Children in Lebanon. Civilian infrastructure has been damaged severely, almost 1,300 airstrikes. Today, up until 3:00 pm Beirut time, more than 50,000 villages have been hit by Israelis.

    International organizations are describing what happened the first day as the highest death toll in Lebanon since the end of the Civil War. So I’m just curious, what criteria are you using to describe what’s happening as defensive operations?

    SABRINA SINGH: 

    Well, Fadi, I think I’d have to point you back to October 8th when Lebanese Hezbollah attacked Israel following the brutal attack that Hamas launched on October 7th. So these are still defensive operations. We understand the threat that Israel faces.

    We are not supporting their operations when it comes to Lebanon. The support that you’re seeing or what you’re seeing when it comes to US forces in the region is for our own force protection. And should we need to come to the defense of Israel like saw from that large scale attack from Iran, we’ve positioned forces to do that. But when it comes to Lebanon, the US military has no involvement in Israel’s operation. So I just want to lay that flat.

    In terms of some of what you just referenced, this is exactly why we’re pushing for a diplomatic solution. We don’t want to see innocent civilians lose their lives. We want to see a deescalating happen. And you’re seeing engagement from all parts of this administration, including at UNGA right now. We’re calling for a deescalated and we believe that a diplomatic off ramp is the best way to resolve what’s happening on that northern border.

    Q:  And last question, did any official in the Pentagon communicate any concerns about the high death toll among Lebanese civilians? I mean, I know, and we know in Gaza that was a constant conversation. Has anyone raised that issue in relation to Lebanon?

    SABRINA SINGH:  Without getting into more details of the secretary’s calls with Minister Gallant, we are of course always concerned of civilian casualties. We’re seeing some of these strikes take place in areas where there are civilians. We’re also seeing Israel notify populations to clear those areas. Our focus, and you’re seeing a full court press here from the United States government and this administration, we want to see a diplomatic solution and we want to see it urgently.

    And that’s why you’re seeing engagement, whether it be at UNGA, or in calls that the secretary is doing with Minister Gallant, and not just at his level, but at other levels as well, we don’t want to see any action taken on either side that would lead to further escalation. We want to see this deescalate and the best off ramp for that to prevent an all-out war is through diplomatic means.

    Q:  Thank you.

    SABRINA SINGH:  Tom?

    Q:  Thanks, Sabrina.

    SABRINA SINGH:  Yeah.

    Q:  How confident are you that you can achieve a diplomatic offramp, especially given the past nearly 12 months where the US has been unable to broker any kind of sustained ceasefire in Gaza. So, for the situation with Hezbollah and Israel, how confident are you that we’re not going to see a full scale conflict?

    SABRINA SINGH:  Well, I’d, you know, push back on that respectfully. You know, we have seen periods where there has been a ceasefire put in place, and we have seen, you know, the ability to get — we were talking, you know, months earlier about humanitarian aid being able to get in. That was something that this administration brokered to make sure that we could get humanitarian aid and supplies in.

    So, look, you’re — and not to reiterate just what I said to Fadi, but you’re seeing a full court press from this administration at all levels for a diplomatic solution. Nothing is off the table. We don’t assess that either side wants a larger scale, wider regional conflict, but we’re doing everything that we can to prevent that from happening. And that’s why you’re seeing the engagements that the president is doing, from the secretary, and then on down in the building.

    Q:  And while I appreciate that you don’t want to speak for Israel, are you able to share anything in terms of what you’ve seen along the Lebanon-Israel border in terms of movement either side of it? Does it look like there’s a ramp up towards some kind of a incursion?

    SABRINA SINGH:  Right now it doesn’t. You know, well, you know, without characterizing Israeli operations and letting them speak to them for themselves, you know, it doesn’t look like anything is imminent. What we’re seeing on that northern border is an increase in, you know, the tit for tat, going back and forth strikes between Israel and Lebanese Hezbollah, and that is our concern.

    We — you know, we are concerned about a miscalculation. We don’t want to see a wider regional conflict. And that’s why, in every conversation that we have, in the conversations that are happening in New York, we’re — we are continuing to press for a diplomatic resolve.

    Jesse?

    Q:  Thank you so much.

    SABRINA SINGH:  Yeah.

    Q:  We all know that Secretary Austin is always in contact with his Israeli counterpart. Does the secretary have any objections to the way Israel is conducting its operations inside Lebanon?

    SABRINA SINGH: 

    In terms of?

    Q:  In terms of, as you may know, targeting civilians, maybe carpet bombing to the villages along the border.

    SABRINA SINGH:  Well, I mean, something that we’ve raised is we don’t want to see this escalate. And any time that there is a — actions taken that could further escalate the war that’s — or, like, a broader conflict, that we want to avoid a regional war. The secretary, in all of his conversations, urges restraint and urges, you know, the Israelis to consider civilian casualties. And that’s something that we’ve said from the very beginning.

    Look, I’m not going to get into more details on their private conversations. But of course, it’s something that the secretary discusses with his counterpart and will continue to raise.

    Q:  I mean, could you confirm if the secretary told Gallant that they need to avoid the infrastructure in Lebanon?

    SABRINA SINGH:  I think what I can tell you is what I was — what I reiterated earlier, is that of course we are always concerned where there are strikes in areas where there are — is a — is a concentrated civilian population. That’s something that the secretary raises on his calls with Minister Gallant. It’s something that, you know, at different levels in this building we also raise with our Israeli counterparts. But I’m just not going to be able to go beyond that.

    Liz?

    SABRINA SINGH:  Thanks, Sabrina. On China’s ICBM test launch, a US defense official said earlier today that China gave the US warning it was going to do this launch. Was that through military channels or diplomatic channels?

    I don’t have more specifics to provide on the channels. But we were given some advance notice, but I’m just not going to get into more specifics of that. I will say that that is a good thing and that is moving in the right direction in terms of, you know, getting that advanced notification, and that further reduces the risks of any misperception and miscalculation. So, we certainly welcome that.

    Q:  Were any US citizens, like, at harm by this test in any way, during it or following it?

    SABRINA SINGH:  Not to my knowledge.

    Yeah, Oren?

    Q:  Just a quick question. Israeli officials have said their strategy with Lebanon is escalate to deescalate. Does the Pentagon think that’s a viable strategy for how to conduct operations with Lebanon?

    SABRINA SINGH:  So, I’m not going to, you know, characterize the Israelis’ operations. What I can tell you is only, you know, our view. And our perception is that any type of escalation that — that could lead to a miscalculation we don’t want to see We want to see steps that lead to de-escalation and, frankly, steps that lead to a diplomatic offramp, which we believe is the best solution here.

    That’s what we’re pushing for. That’s what you’re seeing happen at UNGA. That’s also what you’re seeing the secretary, you know continue to emphasize in his calls with Minister Gallant. And when he has the next call, you know, that will be something that, you know, I’m sure he would reiterate as well.

    Ok.

    Q:  Just more clarity [Off mic].

    SABRINA SINGH:  Uh-huh. Sure.

    Q:  In response to Tom’s question, you said it doesn’t look like anything is imminent. Was that in reference to a Israeli incursion into Lebanon?

    SABRINA SINGH:  I believe the context was in terms of a ground incursion. So, I was saying, in that context, it doesn’t look like something is imminent. But again, I’d refer you to the Israelis to speak to their own operations.

    Q:  Thank you. I have a follow up question on Chinese ICBM launch.

    SABRINA SINGH:  Of course.

    Q:  So, what’s your assessment of this unusual ICBM launch into the Pacific Ocean? And do you think this is a provocative action? And especially, do you think they want to send a message to the US?

    SABRINA SINGH:  In terms of, you know, the whys, I’d refer you to the PRC to speak to that. You know, we monitored the ICBM test, to Liz’s question. You know, again, we did receive some advance notification of this ICBM test, and we believe that that was a good thing. That was a step in the right direction. And it does lead, you know, to preventing any misperception or miscalculation.

    What we can do here from the department is continue to press for a more regularized notification arrangement when it comes to ballistic missile and space launches. And this is something that we’ve proposed with the PRC. And it represents, you know, a common sense confidence building measure. So, we want to see these types of notifications continue.

    Yes?

    Q:  A question about presidential drawdown authority with regard to Ukraine Could you tell us what the department’s plan is to keep using that after September 30th? We’ve seen reports that there is, like, a workaround that the department can notify Congress and then that is legal. Could you tell us what that workaround is? But also, could you tell us why that workaround is needed? You got some criticism today from Senator Wicker, saying that the department should have spent this money already — or used this authority, I should say, since April.

    SABRINA SINGH:  Sure. So, on your — on your first question on how we’re going to use the authority, I don’t have anything to announce right now. But what I can tell you is that we’re committed to making sure Ukraine gets the resources Congress approved by the end of the president’s term.

    Again, I don’t have more to announce right now, but we’re committed to making sure that Ukraine gets what it — what it has been allotted by Congress. And we are working with the interagency to do just that. So, you know, bear with us and we’ll have more to share soon.

    Q:  And —

    SABRINA SINGH:  —In terms of your follow on question on the criticism, look, I’d have to point you back to the fact that for six months we didn’t have a supplemental so we weren’t able to refill our own shelves. So, therefore, when you’re not able to backfill and refill our own stocks, we’re not able to send out PDA’s.

    So, you have to remember during that time we still had some existing authority, but we weren’t able to send equipment, capability, systems out to Ukraine because we didn’t have it on our stocks. During that time, during that six months lag, because we weren’t able to do that, that also impacts packages going down the road.

    So, we’re going to find — we’re going to make sure Ukraine gets what it needs, you know, in the future. But to push back on that criticism, I would say that, when you don’t have what you need on your shelves, it makes it hard to send out that equipment, you know, in the timetable that Congress gave us when it — when it was authorized.

    Q:  So, is the plan now to move at a more — at a faster rate than you’ve been moving so you can get it done before President Biden ends his term?

    SABRINA SINGH:  I think we’ll have more to share in the coming days. I just don’t have more for you right now.

    Noah?

    Q:  Just to ask a follow up on that —

    SABRINA SINGH:  Sure.

    Q:  Because of the issues in getting the supplemental approved and certainly the issues in replenishing stocks because of that, all of that was known when the supplemental was passed in April. Is there a reason that the funding or the authority wasn’t extended beyond the fiscal year?

    SABRINA SINGH:  Well, I think also, Noah, you have to remember that we’re talking about also working with the defense industrial base that has to backfill our own shelves. So, there — you know, there’s a lot of coordination and timing here. We did ask Congress for that authority to extend, and, you know, that did not happen so now we are in a different place.

    So, I can’t, you know, go back and answer questions of, like, what if this happened and when. All I can tell you is that we’re committed to making sure Ukraine has what it needs, and we’re going to do it. And that’s a commitment that this president has made. And when we have more to share, we will.

    Jared?

    Q:  Sabrina, how comfortable is the department with the — with the department’s understanding of what the Israeli military’s intentions and near, midterm plans are in Lebanon operationally? Has — have the Israelis briefed you on what they intend to do?

    SABRINA SINGH:  So, I’m not going to go into more details of the conversations between the secretary and Minister Gallant, but it’s something that the — that, you know, has — and discussed and it’s something that the Secretary continues to, you know, in all of his conversations, I think you’ve seen the readouts, it’s something that he asked about and that they discussed, but I’m just not going to go beyond the readout. Yeah, in the back.

    Q:  It’s been reported that 60 additional US troops are being deployed to Cyprus to help with potential mass evacuations of US citizens from Lebanon. Can you confirm that?

    SABRINA SINGH:  I cannot confirm the number, but what I can tell you is that we are sending a small number of additional US military personnel forward to augment forces that are already in the region. I’m just not going to be able to provide you more specifics. I know I’ve seen the reporting. I know it’s frustrating, but I’m just not going to be able to confirm more.

    Q:  And just to follow up on a story from last week, is it the Pentagon’s view that it is an acceptable — it’s acceptable under the laws of war to booby trap civilian objects and place them amongst civilian populations? Is that — is that acceptable for any nation to do?

    SABRINA SINGH:  That’s something that — well, one without commenting on an operation that the US military had no involvement in, it’s hard for me to get into the hypotheticals. I’m not a lawyer. I’m not going to try and go down and explain, you know, legalese from here, so. I just can’t comment further on that operation for us. Yeah.

    Q:  [inaudible] US, the affecting supply chains or intercepting supply chains in order to place explosive items within normal consumer objects, right?

    SABRINA SINGH:  Yeah, I’m not going to comment on a hypothetical or an operation that we had no part of. Yeah?

    Q:  Thank you, Sabrina. Secretary Austin on Sunday told his Israeli counterpart to give time for diplomacy to work. And on Monday, we saw that Israel started to bomb Lebanon. And today, the Israel Defense Force has announced that they call up and deployment of two reserve brigades to the border with Lebanon. So where is the time that that Secretary Austin asked Israel for diplomacy? And do you still believe that Israel listening to you? Thank you.

    SABRINA SINGH:  We do believe that we have — that Israel is listening. I mean, just the fact that they’re listening by the amount of calls that the secretary has had with Minister Galant. I think that shows their willingness to hear our views, our concerns and our — you know, to hear from the secretary. So I think that’s important to note.

    In terms of, you know, I think your question was getting to — are we writing off, you know, diplomatic measures, and we’re not. Diplomacy is still the best path forward. There’s always a way for diplomacy. There’s always a way for both sides to, you know, to come to the table and — to have this resolved in diplomatic measures.

    From the very beginning, I mean since October 7th and then, you know, October 8th when we’ve moved additional assets to the region, the whole focus of this administration has been to not only deescalate, but you know to send a message of deterrence. I think we have been successful in that.

    You know, this — we know tensions are high, but we also don’t — we also see that there is a path forward for diplomacy. And that’s why you’re seeing this administration push so hard to get this done. And you’re going to continue to. We’re not going to give up on that. So we’re going to continue to engage.

    Q:  There is some media reports out saying that the US is now working with the France about a ceasefire, maybe a deal or a plan for Lebanon. Does anyone from the DOD have evolved or involved in this negotiation that — that’s happening right now in the United Nations during the UN Summit in New York.

    SABRINA SINGH:  I don’t have anything on those reports. I mean, I’ve been pretty public in telling you that we’re pushing for, you know, diplomatic measures to resolve what’s happening on that northern border. But I just don’t have more to add on that report. I’m sorry I haven’t seen it. Louis?

    Q:  Hi, Sabrina. Is the shipment of 2,000 pound bombs for Israel, is that still on hold?

    SABRINA SINGH:  Still paused.

    Q:  So, the rationale behind that from what I understand was when Israel was preparing to go into Rafah, you know, to protect civilian lives, limited operations. Are there any concerns given the current ongoing air operations that Israel has been conducting striking in civilian neighborhoods?

    And you know, I know that we’re seeing secondary effects, so it appears that there are — they are striking the targets they’re hitting, but are there concerns that the use of these bombs again presumably American bombs could be putting civilians at risk?

    SABRINA SINGH:  So, you first asked about the 2,000 pound bomb shipment, so that is still paused. So I don’t — you know, I don’t know what they’re using in their operations, so I’d refer you to them to speak to that. There is always a concern about civilian casualties and that is something that the secretary has addressed, you know, really from the beginning whether it be in Gaza or elsewhere.

    That’s a conversation that we continue to have. I think, you know, in that same vein we’re also concerned about escalation. And that’s why we don’t want to see any action taken by, you know, either side that could lead to further escalation. And that’s what the secretary continues to emphasize along with always talking about the need to protect civilians.

    And you are seeing, I mean, you know, I’m citing public sourcing here, but you know, the Israelis, notifying communities and towns on that northern border to clear that area because they will be conducting operations. You know, we have to protect civilians in the battle space. That’s something the secretary has said. I know you’ve heard him say that before as well.

    Our focus, of course, is that. But the best way to protect civilians is, of course, through diplomatic means and for this to be resolved through diplomacy. And that’s why we continue to push for that.

    Q:  Is the secretary in the future planning to meet or travel to Israel in the future?

    SABRINA SINGH:  Yeah, you know, I’m not — I don’t have any announcements to make in terms of travel, but when we do, I’m — you’ll be the first to know. Yes, in the back.

    Q:  Thanks, Sabrina. You emphasized that the?

    SABRINA SINGH:  I just — I’m sorry. I just committed to giving Louis an exclusive on the secretary’s travel. So yeah, yeah, sorry. And you know, we’ll discuss — we’ll discuss later — sorry, go ahead.

    Q:  Thanks. You emphasized that the administration’s position is that you don’t want to see further escalation and you don’t want to see an all-out war. Where do you draw the line, you know, especially with regards to a possible ground operation that may be imminent?

    SABRINA SINGH:  Well, like I said, I mean, I don’t know that it is imminent. And what we continue to push for and I’m not trying to use a tired talking point here. It’s actually just, you know, the fact is that we do continue to push for a diplomatic resolution here. From the secretary to, you know, the interagency, that’s something that we continue to engage on.

    And you know, in terms of the conflict itself, we still believe — like right now, the conflict has been contained to Gaza. There’s no question that there are higher tensions in the region. There’s no question that there’s been an increase in border clashes on that northern border.

    But we believe that in order to avert an all-out regional war, it’s through diplomatic means. And so, we’re going to continue to push for that. And you’re seeing that happen in New York and you’re seeing that happen here as well. Last one.

    Q:  Just to follow though, how has the conflict been contained to Gaza? You have civilians being killed in Lebanon.

    SABRINA SINGH:  Sure. But what I would tell you is that it’s not how we would characterize, you know, an all-out full scale regional war. What you’re seeing is a trade of fires back and forth on that northern border. I’d point you to October 8th when Hezbollah started launching those. We’re not seeing this widen out to a regional conflict. And that’s what we are concerned about.

    And that’s why, you know, the secretary from the beginning, whether it be the Ford, the IHC, you know, the 26 MEU that was in the region. And now you have the Lincoln there. You know, we continue to position assets in the region to send a message of deterrence because we don’t want it to scale out. Yes, we acknowledge that, you know, there have been, you know, innocent people that have been killed and we don’t want to see that happen. And that’s why we continue to press for diplomatic means.

    Q:  Can you take one more?

    SABRINA SINGH:  Sure, one more and then I’ve got one in the back and then we’ll —

    Q:  I know this is a planning organization, that’s not the answer I’m looking for.

    SABRINA SINGH:  That’s the answer you’re getting.

    Q:  Yeah. In — in regards to Lebanon, did the Pentagon put together any NIO plans in case there’s the need for it?

    SABRINA SINGH:  You’re so going to hate my answer, but we are a planning organization. We plan for a wide range of contingencies. I will point you back though to, you know, early on last year — or sorry, late last year, but early on after October 7th when I think I was up here, General Ryder was up here getting a lot of questions about NIO. I will say we are always a planning organization prepared for any contingency and we never had to use those plans.

    We will always have plans on the shelves that we can dust off at any time. And that is the amazing thing of our military is we are able to search capabilities to the region. And the secretary did just that. And we have, you know, incredible firepower in the region right now. So again, I’m not going to get ahead of anything. That’s also a State Department decision to make. But Fadi, to answer your own question, we are planning organization. All right, Mike, and then I’ll wrap up.

    Q:  Yeah, you — the Pentagon always talk or often talks about deterrence and giving Israel enough to defend themselves. Does this administration, would they like Israel to actually win their battle, win their war against Hamas, win their war against Hezbollah? Is it — do you have a position on that one way or the other?

    SABRINA SINGH:  Well, I think we’ve said time and again that we support Israel’s right to self-defense. You know, what a — what a win looks like is really for Israel to define, but we are supporting them and their right to self-defense. And of course, you know, we understand and, you know, know the threats that they’re facing from these terrorist organizations and that’s why we are supporting them in their fight against, you know, what, you know the threats that they face on their borders. But beyond that I just don’t have more to add. OK, thanks, everyone.

    MIL OSI USA News

  • MIL-OSI USA: Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Second Quarter 2024 and Annual Update

    Source: US Bureau of Economic Analysis

    Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024 (table 1), according to the “third” estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP increased 1.6 percent (revised).

    The GDP estimate released today is based on more complete source data than were available for the “second” estimate issued last month. In the second estimate, the increase in real GDP was also 3.0 percent. The update primarily reflected upward revisions to private inventory investment and federal government spending that were offset by downward revisions to nonresidential fixed investment and exports (refer to “Updates to GDP”). Imports, which are a subtraction in the calculation of GDP, were revised up.

    The increase in real GDP primarily reflected increases in consumer spending, private inventory investment, and nonresidential fixed investment. Imports increased (table 2).

    Compared to the first quarter, the acceleration in real GDP in the second quarterly primarily reflected an upturn in private inventory investment and an acceleration in consumer spending. These movements were partly offset by a downturn in residential fixed investment.

    Current‑dollar GDP increased 5.6 percent at an annual rate, or $392.6 billion, in the second quarter to a level of $29.02 trillion, a $9.5 billion larger increase than the previous estimate (tables 1 and 3). More information on the source data that underlie the estimates is available in the “Key Source Data and Assumptions” file on BEA’s website.

    The price index for gross domestic purchases increased 2.4 percent in the second quarter, the same as the previous estimate (table 4). The personal consumption expenditures (PCE) price index increased 2.5 percent, the same as the previous estimate. Excluding food and energy prices, the PCE price index increased 2.8 percent, also the same as the previous estimate.

    Personal Income

    Current-dollar personal income increased $315.7 billion in the second quarter, an upward revision of $82.1 billion from the previous estimate. The increase primarily reflected increases in compensation and personal current transfer receipts (table 8).

    Disposable personal income increased $260.4 billion, or 5.0 percent, in the second quarter, an upward revision of $77.3 billion from the previous estimate. Real disposable personal income increased 2.4 percent, an upward revision of 1.4 percentage points.

    Personal saving was $1.13 trillion in the second quarter, an upward revision of $74.3 billion from the previous estimate. The personal saving rate—personal saving as a percentage of disposable personal income—was 5.2 percent in the second quarter, compared with 5.4 percent (revised) in the first quarter.

    Gross Domestic Income and Corporate Profits

    Real gross domestic income (GDI) increased 3.4 percent in the second quarter, an upward revision of 2.1 percentage points from the previous estimate. The average of real GDP and real GDI, a supplemental measure of U.S. economic activity that equally weights GDP and GDI, increased 3.2 percent in the second quarter, an upward revision of 1.1 percentage points from the previous estimate (table 1).

    Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $132.5 billion in the second quarter, an upward revision of $74.9 billion from the previous estimate (table 10).

    Profits of domestic financial corporations increased $42.5 billion in the second quarter, a downward revision of $4.0 billion from the previous estimate. Profits of domestic nonfinancial corporations increased $108.8 billion, an upward revision of $79.6 billion. Rest-of-the-world profits decreased $18.8 billion, a downward revision of $0.7 billion. In the second quarter, receipts increased $4.4 billion, and payments increased $23.1 billion.

    Updates to GDP

    With the third estimate, upward revisions to private inventory investment and federal government spending were offset by downward revisions to nonresidential fixed investment, exports, consumer spending, and residential fixed investment. Imports were revised up. For more information, refer to the Technical Note. For information on updates to GDP, refer to the “Additional Information” section that follows.

      Advance Estimate Second Estimate Third Estimate
    (Percent change from preceding quarter)
    Real GDP 2.8 3.0 3.0
    Current-dollar GDP 5.2 5.5 5.6
    Real GDI 1.3 3.4
    Average of Real GDP and Real GDI 2.1 3.2
    Gross domestic purchases price index 2.3 2.4 2.4
    PCE price index 2.6 2.5 2.5
    PCE price index excluding food and energy 2.9 2.8 2.8

    Real GDP by Industry

    Today’s release includes estimates of GDP by industry, or value added—a measure of an industry’s contribution to GDP. Private goods-producing industries increased 6.9 percent, private services-producing industries increased 2.4 percent, and government increased 0.8 percent (table 12). Overall, 16 of 22 industry groups contributed to the second-quarter increase in real GDP.

    • Within private goods-producing industries, the leading contributors to the increase were nondurable goods manufacturing (led by petroleum and coal products) and durable goods manufacturing (led by motor vehicles, bodies and trailers, and parts) (table 13).
    • Within private services-producing industries, the leading contributors to the increase were finance and insurance (led by Federal Reserve banks, credit intermediation, and related activities); health care and social assistance (led by ambulatory health care services); as well as real estate and rental and leasing (led by real estate).
    • The increase in government reflected increases in state and local government as well as federal government.

    Gross Output by Industry

    Real gross output—principally a measure of an industry’s sales or receipts, which includes sales to final users in the economy (GDP) and sales to other industries (intermediate inputs)—increased 1.8 percent in the second quarter. This reflected an increase of 2.1 percent for private goods-producing industries, an increase of 1.7 percent for private services-producing industries, and an increase of 2.2 percent for government (table 16). Overall, 18 of 22 industry groups contributed to the increase in real gross output.

    Annual Update of the National Economic Accounts

    Today’s release presents results from the annual update of the National Economic Accounts (NEAs), which include the National Income and Product Accounts (NIPAs) and the Industry Economic Accounts (IEAs). The update includes revised estimates for the first quarter of 2019 through the first quarter of 2024 and resulted in revisions to GDP, GDP by industry, GDI, and their major components. The reference year remains 2017.

    With today’s release, most data are available through BEA’s Interactive Data application on the BEA website (www.bea.gov). Refer to “Information on 2024 Annual Updates to the National, Industry, and State and Local Economic Accounts” for the complete table release schedule and a summary of results through 2023, which includes information on methodology changes. A table showing the major current dollar revisions and their sources for each component of GDP, national income, and personal income is also provided. An article describing the update in more detail will be forthcoming in the Survey of Current Business.

    The updated estimates show that real GDP increased at an average annual rate of 2.3 percent from 2018 to 2023, 0.2 percentage point higher than the previously published estimate. Over the same period, real GDI increased at an average annual rate of 2.2 percent, 0.4 percentage point higher than previously published. The average of real GDP and real GDI over the same period was 2.3 percent, 0.4 percentage point higher than previously published.

    For the period of economic expansion from the second quarter of 2009 through the fourth quarter of 2019, real GDP increased at an annual rate of 2.5 percent, revised up 0.1 percentage point from the previously published estimates. For the period of economic contraction from the fourth quarter of 2019 through the second quarter of 2020, real GDP decreased at an annual rate of 17.5 percent, the same as previously estimated. For the period of economic expansion from the second quarter of 2020 through the first quarter of 2024, real GDP increased at an annual rate of 5.2 percent, 0.3 percentage point higher than previously estimated.

    Previously published estimates, which are superseded by today’s release, are found in BEA’s archives.

    Updates for the First Quarter of 2024

    For the first quarter of 2024, real GDP is now estimated to have increased 1.6 percent (table 1), an upward revision of 0.2 percentage point from the previously published estimate, primarily reflecting an upward revision to consumer spending that was partly offset by downward revisions to private inventory investment and residential fixed investment.

    The price index for gross domestic purchases is now estimated to have increased 3.0 percent, a downward revision of 0.1 percentage point. The PCE price index increased 3.4 percent, the same as previously published. Excluding food and energy, the PCE price index increased 3.7 percent, the same as previously published.

      First Quarter 2024
    Previous Estimate Revised
    (Percent change from preceding quarter)
    Real GDP 1.4 1.6
    Current-dollar GDP 4.5 4.7
    Real GDI 1.3 3.0
    Average of Real GDP and Real GDI 1.4 2.3
    Gross domestic purchases price index 3.1 3.0
    PCE price index 3.4 3.4
    PCE price index excluding food and energy 3.7 3.7

    Personal Income

    Current-dollar personal income is now estimated to have increased $536.4 billion in the first quarter, an upward revision of $139.6 billion from the previous estimate. The revision primarily reflected an upward revision to compensation (led by private wages and salaries) (table 8).

    Disposable personal income increased $465.1 billion, or 9.2 percent, in the first quarter, an upward revision of $224.9 billion from the previous estimate. Real disposable personal income increased 5.6 percent, an upward revision of 4.3 percentage points.

    Personal saving was $1.15 trillion in the first quarter, an upward revision in change of $188.3 billion. The personal saving rate—personal saving as a percentage of disposable personal income—was 5.4 percent (revised) in the first quarter.

    Gross Domestic Income and Corporate Profits

    Real GDI is now estimated to have increased 3.0 percent in the first quarter (table 1); in the previously published estimates, first-quarter GDI was estimated to have increased 1.3 percent. The leading contributor to the upward revision was compensation, based primarily on new first-quarter wage and salary estimates from the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages. The average of real GDP and real GDI is now estimated to have increased 2.3 percent in the first quarter; in the previously published estimates, the average of GDP and GDI was estimated to have increased 1.4 percent.

    Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) is now estimated to have decreased $65.1 billion in the first quarter, a downward revison of $18.0 billion (table 10).

    Profits of domestic financial corporations increased $57.4 billion, a downward revision of $7.6 billion. Profits of domestic nonfinancial corporations decreased $124.9 billion, a downward revision of $10.4 billion. Rest-of-the-world profits increased $2.3 billion, the same as previously estimated. In the first quarter, receipts are now estimated to have increased $25.7 billion, and payments are estimated to have increased $23.4 billion.

    GDP by Industry

    In the first quarter, real value added for private goods-producing industries is now estimated to have decreased 2.6 percent, a downward revision of 1.5 percentage points. Private services-producing industries increased 2.6 percent, an upward revision of 0.7 percentage point. Government increased 1.9 percent, a downward revision of 0.4 percentage point.

    Real gross output is now estimated to have increased 2.8 percent, an upward revision of 0.3 percentage point. Private goods-producing industries increased 1.6 percent, an upward revision of 0.4 percentage point. Private services-producting industries increased 3.3 percent, an upward revision of 0.2 percentage point. Government increased 2.3 percent, an upward revision of 0.6 percentage point.

    *          *          *

    Next release, October 30, 2024, at 8:30 a.m. EDT
    Gross Domestic Product, Third Quarter 2024 (Advance Estimate)

    *          *          *

    MIL OSI USA News

  • MIL-OSI USA: Congressman Valadao Votes to Keep Government Open, Extend Expiring Veterans Programs

    Source: United States House of Representatives – Congressman David G Valadao (CA-21)

    WASHINGTON –Today, Congressman David G. Valadao (CA-22) released the following statement after voting in support of a Continuing Resolution (CR) to keep the government open while the House and Senate continue their work on Appropriations Bills. The CR included Congressman Valadao’s legislation to extend critical veterans resources and programs that were set to expire at the end of the fiscal year. The Continuing Resolution passed with widespread bipartisan support.

    “Government shutdowns are unproductive, cost billions of dollars, and hurt our military,” said Congressman Valadao. “Today I voted in support of a bipartisan, short-term Continuing Resolution to avoid a costly shutdown while we continue our work to pass fiscally responsible government funding bills. I’m glad that my legislation to extend veterans programs was included in the bill so the VA can continue providing services our veterans and their families rely on. As a member of the Appropriations Committee I’ll continue working to rein in wasteful Washington spending.”

    Background:
    The House and the Senate each must pass 12 appropriations bills before September 30th or a Continuing Resolution (CR) to buy more time to find agreement between the House, Senate, and White House on various funding levels in order to keep the government open. The House Appropriations Committee has marked up all 12 appropriations bills in Committee, and passed five off the House Floor. The Senate has passed none of its 12 appropriations bills. Congress now has until December 20, 2024 to find agreement on full-year appropriations bills for Fiscal Year 2025. The Continuing Appropriations Act of 2025:

    • Funds the government through December 20, 2024
    • Provides an additional $231 million for the Secret Service for protective operations for Presidential and Vice-Presidential nominees in the 2024 Campaign and activities related to National Special Security Events and provides the agency with flexibility to quickly obligate funds for protective operations.
    • Extends programs at the Department of Veterans Affairs to ensure our veterans continue to receive the care and benefits they have earned.

    ###

    MIL OSI USA News

  • MIL-OSI Europe: OSCE Mission to Montenegro supports municipalities in drafting local youth action plans

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE Mission to Montenegro supports municipalities in drafting local youth action plans

    (c) Giovanni Gabassi, Acting Head of OSCE Mission to Montenegro, and (l) Milica Bešović-Ljumović, acting General Director of Directorate for Youth and Co-operation with NGOs in the Ministry of Sports and Youth, opening the three-day workshop “Capacity building training for local authorities for development of local youth action plans”, Kolašin, Montenegro, 25 September 2024. (OSCE/Irena Marunović) Photo details

    Strengthening the capacity of local self-government officials to develop youth action plans that support youth participation in local communities is the focus of a training session organized by the OSCE Mission to Montenegro and the Ministry of Sports and Youth in Kolašin from 25 to 27 September.
    Over three days, 28 representatives of 19 Montenegrin local self-governments learnt how to design activities for young people based on their needs and to collaborate with different stakeholders when drafting action plans as contemplated by the youth policy.
    Opening the training session, Mr. Giovanni Gabassi, Acting Head of the OSCE Mission, said that the Mission had worked with young people and a variety of stakeholders to design activities that promote and enhance youth inclusion in decision making processes, in line with the Youth Strategy. “Today is an opportunity for you as professionals, to develop the skill and tools to include youth in your everyday work through an even and consistent implementation of youth policies at the local level. The knowledge you will gain from this training, and hopefully you will share with your colleagues, should enable you to include young people in the work of your communities, where their voice should be heard and their opinions taken into consideration,” said Gabassi.
    Ms. Milica Bešović-Ljumović, Acting General Director of Directorate for Youth and Co-operation with NGOs in the Ministry, emphasized the importance of preparing action plans as a concrete step to improve the position of young people in Montenegro. She added that the Law on Youth was being amended and she invited participants to provide their suggestions and comments on the revised text.
    After this week’s training session, the Mission-engaged experts will provide mentoring support to participants in finalizing their local youth action plans for submission to the Ministry of Sports and Youth by 31 October
    The 2019 Law on Youth prescribes that local self-governments are obliged to draft and adopt annual local youth action plans, containing youth policy measures and activities for realizing the interests and needs of young people on the local level by 31 December of each year.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: UK to speed up military kit deliveries to support Ukraine’s fight

    Source: United Kingdom – Executive Government & Departments

    The Government is set to surpass its commitment to deliver 12 AS90 artillery guns within 100 days of taking office, with 16 units now on course to be delivered

    The UK has provided AS90 artillery guns to Ukraine

    The UK will send more vital artillery guns to support Ukraine’s fight against Russia’s illegal invasion after the UK recommits to £3 billion a year of military support for Ukraine until 2030/31 and for as long as it takes.

    The announcement comes as the UK speeds up the delivery of vital military support, with the new government set to surpass its pledge of delivering 12 AS90 artillery guns within 100 days of taking office.

    A total of 16 units are now on course to be delivered, with 10 already delivered and six more to follow in the coming weeks. Artillery has played a vital role in providing cover for Ukrainian troops and destroying key Russian targets.

    The government have also announced a new joint MOD and FCDO Ukraine unit – led by Foreign Secretary David Lammy and Defence Secretary John Healey –which will integrate expertise and help drive a new whole-of-government approach to Ukraine.

    Alongside this, defence is creating a new direct cyber pathway to help boost the UK’s cyber resilience, with different tailored selection and basic training requirements.

    This scheme would create direct entry paths into cyber careers in Defence and provide routes for lateral entry for specialists who are mid-way through their cyber careers, expanding Defence’s appeal, increasing workforce diversity, and in turn complementing other trades in the services, rather than acting in competition.

    The Government has also announced that more than 100 outdated policies have been scrapped or updated since July. These include measures blocking recruitment within the Armed Forces of some sufferers of hay fever, eczema and acne, and some injuries that have fully healed, with work ongoing at pace to modernise recruitment.

    Updates to this page

    Published 26 September 2024

    MIL OSI United Kingdom