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Category: Russian Federation

  • MIL-OSI Russia: The government will finance the implementation of priority investment projects in the Far East and support transportation along the Northern Sea Route

    MILES AXLE Translation. Region: Russian Federation –

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

    Order dated October 17, 2024 No. 2883-r

    Document

    Order dated October 17, 2024 No. 2883-r

    More than 14.3 billion rubles will be allocated for the implementation of priority investment projects in the Far Eastern Federal District, as well as for subsidizing transportation along the Northern Sea Route. The order to this effect was signed by Prime Minister Mikhail Mishustin.

    Of the total amount, over 14 billion rubles will go towards launching priority projects, including the implementation of master plans for Far Eastern cities, including Ulan-Ude, Vladivostok, Khabarovsk, Birobidzhan, Magadan, and Svobodny.

    Announcing this decision atGovernment meeting on October 17, Mikhail Mishustin noted that the Government, on the instructions of the President, continues to rapidly develop social and industrial infrastructure in the Far East and the Arctic, create new points of economic growth, and improve the quality of life of people.

    In addition, federal funds will be used to subsidize regular transportation along the Northern Sea Route. 300 million rubles will be allocated for these purposes. They will be sent to shipping companies to compensate for lost income due to preferential tariffs, as well as expenses related to ship calls at ports.

    The work is being carried out within the framework of the federal projects “New Opportunities for the Far East” and “Development of the Northern Sea Route”.

    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://government.ru/nevs/53029/

    MIL OSI Russia News –

  • MIL-OSI Russia: Applications for free education for foreign citizens have begun to be accepted

    MILES AXLE Translation. Region: Russian Federation –

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

    The selection campaign for the 2025-2026 academic year has started for foreign citizens wishing to study in Russia at the expense of the budgetary funds of the Russian Federation. Registration forportal of the information system will last until January 15, 2025, and all interested parties must submit applications by the established deadline.

    To participate in the selection tests, candidates must register on the specified website and fill out a questionnaire. Those planning to study in graduate school must provide not only a questionnaire, but also a list of published scientific papers and/or a motivation letter. This letter must include information about education, university, specialty, as well as achievements in scientific activity. This will help the commission assess the level of preparation and motivation of candidates.

    The completed application form must be transferred to the status “for verification” within the established timeframe, since applications in the status “draft” will not be considered. Candidates can also provide information about their individual achievements, which will be taken into account during the selection: participation in internships, conferences and other scientific events.

    If any questions or difficulties with registration arise, candidates can contact technical support via their personal account on the website or contact the Rossotrudnichestvo Representative Office in their country.

    Faryal Dehkan, a postgraduate student at the Institute of Industrial Management, Economics and Trade of SPbPU, is studying under the Rossotrudnichestvo quota. Here is what she said about her admission to the Polytechnic University: This is an important step in my life, and like many other students, I experienced mixed feelings of joy and anxiety. The first days on the Polytechnic campus were filled with curiosity about new subjects, teachers and teaching methods. Students here feel like part of a large and diverse group, which inspires us to learn and develop.

    International students are given a unique opportunity to receive a high-level education in Russia and become part of the international university community.

    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/accepting-applications-for-free-training-for-foreign-citizens has begun/

    MIL OSI Russia News –

  • MIL-OSI Russia: We Can Do Better

    Source: IMF – News in Russian

    Speech by Kristalina Georgieva, Managing Director, IMF

    October 17, 2024

    Thank you, Andrea, for your kind words. And thanks to all of you for coming.

    Five years ago in this hall I delivered my first curtain-raiser as head of the IMF.

    At that time my main concern was a synchronized slowdown in global growth. Only months later it paled in comparison with the sudden shock of the pandemic, followed by other dramatic events—the tragic wars in Ukraine and the Middle East, the cost-of-living crisis, and a further fracturing of the global economy.

    Next week, the world’s finance ministers and central bank governors will converge here to reflect on where we are, where we are headed, and what to do about it. Let me offer you a preview of what this conversation will look like.

    First, we will cherish the good news—and rightly so, because we haven’t had much of it lately. The big global inflation wave is in retreat. A combination of resolute monetary policy action, easing supply chain constraints, and moderating food and energy prices is guiding us back in the direction of price stability.

    And this has been done without tipping the global economy into recession and large-scale job losses—something we saw during the pandemic and after past inflation episodes, and which many feared we would see again. Both the US and euro area labor markets, to take two examples, are cooling in an orderly manner.

    This is a big achievement.

    Where did this resilience come from? Answer: from strong policy and institutional foundations built over time, and from international policy cooperation as countries learned to act fast and act together. We are benefiting from central bank independence in advanced economies and many emerging markets; years of prudential reforms in banking; progress made in building fiscal institutions; and capacity development worldwide.

    But, despite the good news, don’t expect any victory parties next week—for at least three reasons:

    • For one thing, inflation rates may be falling, but the higher price level that we feel in our wallets is here to stay. Families are hurting, people are angry. Advanced economies saw inflation rates at once-in-a-generation highs. So too did many emerging market economies. But look how bad the situation was for the low-income countries. At the country level and at the level of individuals, inflation always hits the poor the hardest.
    • Even worse, we are in a difficult geopolitical environment. We are all very worried about the expanding conflict in the Middle East and its potential to destabilize regional economies and global oil and gas markets. Its humanitarian impact, alongside the prolonged wars in Ukraine and elsewhere, is heartbreaking.
    • And on top of it all, this is happening at a time when our forecasts point to an unforgiving combination of low growth andhigh debt—a difficult future.

    Let’s take a closer look: medium-term growth is forecast to be lackluster—not sharply lower than pre-pandemic, but far from good enough. Not enough to eradicate world poverty. Nor to create the number of jobs we require. Nor to generate the tax revenues that governments need to service heavy debt loads while attending to vast investment needs, including the green transition.

    The picture is made more troubling by high and rising public debt—way higher than before the pandemic, even after the brief but significant fall in debt-to-GDP as inflation lifted nominal GDP. And do please notice the shaded area in the chart—what it shows is that, in a severe but plausible adverse scenario, debt could climb some 20 percentage points of GDP above our baseline.

    What does this mean for “fiscal space”? To answer this, let’s look at the share of government revenue consumed by interest payments. This is where high debt, high interest rates, and low growth come together—because it is growth that generates the revenues governments need to function and invest. As debt increases, fiscal space contracts disproportionately more in low-income countries—not all debt burdens are made the same.

    And fiscal space keeps shrinking. Just look at the frightening evolution of the interest-to-revenue ratio over time. We can immediately see how the tough spending choices have become tougher with higher debt payments. Schools or climate? Digital connectivity or roads and bridges? That is what it comes down to.

    To make matters worse, we live in deeply troubled times. The peace dividend from the end of the Cold War is increasingly at risk. In a world of more wars and more insecurity, defense expenditures may well keep rising while aid budgets fall further behind the growing needs of developing countries.

    Not only is development assistance too small, but major players, driven by national security concerns, are increasingly resorting to industrial policy and protectionism, creating one trade restriction after another. Going forward, trade will not be the same engine of growth as before. It is the fracturing I warned of back in 2019—but worse. It is like pouring cold water on an already-lukewarm world economy.

    My message today: we can do better.

    As Ajay Banga, President of the World Bank and my dear colleague from across the street, likes to say: forecasts are not destiny. There is plenty we can and must do to lift our growth potential, reduce debt, and build a more resilient world economy.

    Let me start with the domestic agenda. Governments must work to reduce debt and rebuild buffers for the next shock—which will surely come, and maybe sooner than we expect. Budgets need to be consolidated—credibly, yet gradually in most countries. This will involve difficult choices on how to raise revenues and make spending more efficient, while also making sure that policy actions are well-explained to earn the trust of the people.

    Here is the problem though: fiscal restraint is never popular. And, as a new paper by IMF staff shows, it’s only getting harder. Across a wide sample of countries, political discourse increasingly favors fiscal expansion. Even the traditionally fiscally conservative political parties are developing a taste for borrow-to-spend. Fiscal reforms are not easy, but they are necessary and they can enhance inclusion and opportunity. Countries have shown that it can be done.

    Ultimately, over the medium term, growth is key—to deliver jobs, tax revenues, fiscal space, and debt sustainability. Everywhere I go, I hear the same: an aspiration for higher growth and better opportunities. The question is: how?

    Answer: focus on reforms—there is no time to waste:

    • First area of reforms: make job markets work for people. We confront a world of deeply uneven demography: surging young populations in some places, aging societies elsewhere. Economic migration can help, but only up to a point given the anxieties in many countries. So too can supportive steps to help get more women into the workforce. Above all, there is a need for reforms to enhance skill sets and match the right people to the right jobs.
    • Second area: mobilize capital. There is an abundance of it globally, but often not in the right places or right types of investments—just think of all the money from all corners of the globe poured into liquid but less-productive assets in a few major financial centers. Putting savings to work for maximum economic benefit requires policymakers to focus on eliminating barriers such as weak investment environments and shallow capital markets. Financial sector oversight must not only ensure stability and resilience, but also encourage prudent risk-taking and value creation.
    • Third area: enhance productivity. This is what yields more output per unit of input, and there are many ways to raise it, from improving governance and institutions to cutting red tape to harnessing the power of AI. More and better spending on education and R&D help. Among advanced economies, those that lead on innovation show what works: venture capital industries, ecosystems that bring not only financing but knowledge, advice, and professional networks—screening new ideas, identifying winners, feeding them from birth to graduation. There are many lessons for others to learn.

    Globally, the pace of reforms has been slowing since the global financial crisis as discontent has risen.

    But progress is possible. A new IMF study shows that resistance to reforms is often driven by beliefs and misperceptions about the reforms themselves as well as the distributional effects. Reforms are best developed through two-way dialogue with the public, with measures to mitigate the impact on those who risk losing out. We have learnt how much this matters.

    As policymakers pursue reforms at home, they must also look outward.

    There is much that countries can do together as members of an integrated economic community, each benefitting from its own comparative advantage.

    The forces of technology, trade, and capital mobility have delivered a hugely valuable degree of interconnectedness.

    Yet still, we live in a mistrustful, fragmented world where national security has risen to the top of the list of concerns for many countries. This has happened before—but never in a time of such high economic co-dependence.

    My argument is that we must not allow this reality to become an excuse to do nothing to prevent a further fracturing of the global economy. Quite the opposite. My appeal during these Annual Meetings will be: let us work together, in an enlightened way, to lift our collective prospects.

    Let us not take the global tensions as given, but rather resolve to work to lower the geopolitical temperature and attend to the tasks that can only be tackled together:

    • Exhibit one: trade, which has lowered prices, improved quality, and created jobs. Thus far, trade has shown remarkable resilience in the face of new barriers, often flowing around them via third countries. But such redirection is not efficient, nor can we assume it will continue indefinitely. Countries would do well to recognize that the rules-based global trading system delivered many benefits and is worth preserving.
    • Two: climate, where we face an existential challenge, with countries that contributed the least to global emissions now first to suffer. Unexpectedly fast global warming should be ringing alarm bells. The glaciers are melting, the icecaps crumbling. Adverse weather events have telegraphed a frightening message from the future. We know what we must do: create fiscal space for the green transition, eliminate fossil-fuel subsidies, and get capital to where it is most needed. But we must do it!
    • Three: artificial intelligence, our single best shot at higher productivity. IMF research finds that AI, if managed well, has the potential to lift world growth by up to 0.8 percentage points—with that alone, we would go to a higher growth path than in the years before the pandemic. Yet AI is urgently in need of regulatory and ethical codes that are fundamentally global. Why? Because AI is borderless—it is already on smartphones everywhere. We better hurry. This technology will not wait!

    In all these areas and many more, the bottom line is that countries need to relearn how to work together. And institutions like the IMF—born from the basic idea that pooling resources together is efficient—play a vital role.

    In my first term as Managing Director—an unprecedented crisis period—we acted decisively to help our membership. We provided one trillion dollars’ worth of liquidity, and we delivered critical economic analysis and advice that helped policymakers synchronize their actions.

    Now, in the first days of my second term we have delivered again.

    Our Executive Board, in full consensus, has just approved important reforms that reinforce our strong financial position and directly benefit our membership. We are reducing charges and surcharges on our regular lending, and putting in place a comprehensive package that secures our concessional lending capacity to support low-income countries.

    And on November 1 our Board will welcome a third Director for Sub-Saharan Africa, ensuring more voice for what has been an underrepresented region.

    Combined with the fifty percent quota increase agreed at our last Annual Meetings, these actions give us the strength to continue to deliver high value-added to a membership that engages not out of charity but self-interest.

    It is the value we bring to our members that has resulted in our membership growing—and on that note, a very warm welcome to the Principality of Liechtenstein as it joins us as our 191st member!

    From our founding at Bretton Woods in the dark days of 1944 to today, the IMF has established a tradition of adapting to the changing world around it. Today, I give you my word: this will continue. We will stand with our members, always looking for the most impactful ways to serve.

    By the time I complete my second term at the helm of the IMF, I will have led it for most of this decade. And if I were granted one wish, it would simply be this: let not this decade be remembered as one where we allowed conflict to get in the way of existential tasks, storing up vast costs and potential calamity for those to follow. Let it be remembered as a time when we rose above our differences for the good of all.

    For our mutual prosperity—and ultimately for our survival—I say we can do better: let there be peace on earth and a revival of cooperation.

    Thank you!

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Mayada Ghazala

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/17/sp101724-annual-meetings-2024-curtain-raiser

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Security: Defense News: CNO Press Briefing: Atlantic Council

    Source: United States Navy

    GENERAL JAMES L. JONES: Good morning, everybody. And welcome to today’s event with Chief of Naval Operations Admiral Lisa Franchetti—chief of naval operations of the world’s finest Navy, I might add—to discuss her 2024 Navigation Plan for America’s Warfighting [Navy].

    My name is Jim Jones, and I serve as executive chairman emeritus here at the Atlantic Council and as chairman of the Scowcroft Center. So, on behalf of the Scowcroft Center and the Atlantic Council, as well as its Forward Defense Program, I would like to welcome you to this exciting fourth installment of our 2024 Commander Series.

    As we all know, since its origin the United States has relied on her Navy to maintain global maritime dominance, ensuring freedom of navigation, the ability to project US power across the globe and played a critical role in the nation’s strategic deterrent capabilities. As we continue into this era of strategic competition with peer or near-peer adversaries, potential adversaries, namely China and Russia, and the threat landscape evolves, the Navy faces many challenges, and its capabilities are stretched across the world.

    The Navy, and I might add the Marine Corps—you’re not going to get away with a commandant introducing you without mentioning the Marine Corps—but the Navy and her Marines must be ready for the possibility of war in the near future. But beyond that, it will need to continue to enhance its long-term advantage to deter future aggression and ensure a major contribution to global stability. A critical component in the effectiveness of this strategy will be leveraging technological innovation to maintain a ready and modern force. The Navy will need to invest in newer platforms, newer weapon systems, and embrace robotic and autonomous systems as well.

    The key advantage that the United States holds over its adversaries is the strong alliance network the US maintains. The Navy must continue to strengthen these relationships, to enhance collective security, deter adversarial aggression by improving interoperability with joint and allied forces. With so many threats looming on the not-so-distant horizon, it is also imperative that the Navy has a forward-thinking strategic vision that leverages all the advantages the United States holds, and enables the readiness to respond in competition, crisis, and conflict if necessary.

    And so today, we’re extremely fortunate to be joined by the 33rd Chief of Naval Operations Admiral Lisa Franchetti, who will discuss her recently published Navigation Plan for America’s Warfighting Navy. This is her strategic guidance for the US fleet during her tenure. A native of Pittsford, New York, Admiral Franchetti is a graduate of the Medill School of Journalism and was commissioned through Northwestern University NROTC program in 1985. She earned her Surface Warfare qualification on the USS Shenandoah, went on to command at all levels, including Naval Reserve, Central Point, Oregon, USS Ross, Destroyer Squadron 21, US Naval Forces Korea, Carrier Strike Group 9 and 15, the US Sixth Fleet in Italy, and Striking and Support Forces NATO in Portugal.

    In addition to command, she has worked across the Navy and the joint force with emphasis on strategy, international engagement, and interagency collaboration, serving as the director Strategy, Plans, and Policy, J-5, and most recently as the vice chief of naval operations. As chief of naval operations, Admiral Franchetti is responsible for the command, use of resources, and operational efficiency of the naval operating forces and the Navy’s shore activities assigned by the secretary of the navy.

    Admiral Franchetti, we look forward to hearing from you today, and we’re very grateful for your presence here. After the admiral’s keynote remarks, she will be joined by Dan Lamothe for a moderated discussion. Dan has held a long career as a journalist and has written extensively about the armed forces for more than fifteen years. Since 2014, he has been covering the United States military and the Pentagon for The Washington Post. Dan, thank you very much for joining us today.

    I would also like to thank everyone attending this conversation with the admiral, whether in person or virtually. [Convenings] such [as] these are integral to the Atlantic Council’s [Scowcroft] Center for Strategy and Security, which works to develop sustainable, nonpartisan strategies to address the most important security challenges facing the United States and her allies and partners. Consistent with that mission, Forward Defense generates ideas and connects stakeholders in the defense ecosystem to promote an enduring military advantage for the United States, her allies, and partners. Its work identifies the defense strategies, capabilities, and resources of the United States needed to deter and, if necessary, prevail in any future conflict.

    I would like to extend a special thanks to Saab Corporation and Michael Anderson, who, unfortunately, couldn’t be here today but is usually in attendance. Saab and the Atlantic Council launched the Commander Series back in 2009. The vision was to establish a flagship speakers forum for senior military and defense leaders to discuss the most important security challenges, both now and in the future. Over the years, the program has become one of the Council’s main institutions. And we’re thankful to Saab for their continued support and collaborations. Before I turn it over to Admiral Franchetti for her keynote remarks, I’d like to remind everybody that this event is public and on the record. Thank you all for joining the Atlantic Council for what I know will be a captivating conversation.

    Admiral Franchetti, without any further ado, the floor is yours. Welcome.

    LISA FRANCHETTI: Well, thank you, General Jones, for your kind introduction and warm welcome. And I also want to thank the Atlantic Council for letting me be part of the Commander Series. It’s an incredible opportunity. And I’m very excited to have the opportunity to speak with all of you today.

    So, as General Jones just mentioned, I recently released my Navigation Plan for America’s Warfighting Navy, which is my overarching strategic guidance to the Navy to make our nation’s fleet more ready for potential conflict with the PRC by 2027, while also enhancing our Navy’s long-term warfighting advantage. But before I talk a little bit more about that, I want to talk about the why—the why behind the NAVPLAN, and what your navy is doing all around the world to protect our nation’s security and prosperity, to deter any would-be adversary, and to always be ready to fight and win decisively, if called to do so.

    As you all know, our Navy—our nation is and always has been a maritime nation. Seventy percent of our planet is made up of water. Eighty percent of the world’s population lives within two hundred kilometers of the coastline. Ninety percent of the global economy moves by sea. And 95 percent of international communications and about ten trillion dollars of financial transactions transit via undersea fiber optic cables every single day. In the United States alone, seaborn trade carries more tonnage in value than any other mode of transportation each year, generating about $5.4 trillion annually and supporting thirty-one million American jobs. And when our access to the sea is impacted, so too is our economy, our national security, and really our way of life.

    And I could think about a lot of different examples over the past years that demonstrate that intimate connection. Just think back to the impacts of COVID-19, the grounding of the Ever Given in the Suez Canal, and now Houthi attacks in the Red Sea, and even the port strikes on the east and west coast—gulf coast just a few weeks ago. It’s really clear that the seas are the lifeblood of our nation. And since the days of the Revolutionary War, as General Jones pointed out, our Navy and our Marine Corps team has protected and guaranteed our access to that sea. And on Sunday, we just celebrated our 249th birthday.

    I think the events of this year and the actions taken by your Navy-Marine Corps team in the Indo-Pacific, in the Mediterranean, in the Red Sea, and beyond really underscore the enduring importance of American naval power throughout our nation’s history. With an average of about 110 ships and seventy thousand sailors and Marines deployed on any given day, the Navy-Marine Corps team is operating forward, defending our homeland, and keeping open the sea lines of communication that fuel our economy. In the Indo-Pacific right now, the USS George Washington Carrier Strike Group and the America Amphibious Readiness Group, with the 31st MEU embarked, are working alongside allies and partners to sustain a free and open regional order and enhance our collective interoperability.

    In the Baltic, the Atlantic, the high north, and the Mediterranean, our navies continue to work alongside NATO and other partner navies to defend NATO and to support Ukraine as they defend their country and their democracy, to further deter Russian aggression, and to ensure that Russia’s continued unjustified and horrific invasion of the sovereign nation of Ukraine is a strategic failure. And in the eastern Mediterranean, the Red Sea, the western Indian Ocean, our naval forces—including aircraft carrier strike groups, amphibious readiness groups, submarines and multiple destroyers—working alongside allies and partners, are containing the Israel-Hamas conflict, deterring others, especially Iran and its proxies, from escalating hostilities into regional war, and continuing to support Israel’s defense.

    Over the last few weeks, more American destroyers—the Bulkeley, the Frank E. Petersen, Michael Murphy, and the Cole—have joined about a dozen other naval assets over the last year in knocking down Iranian and Houthi-launched ballistic missiles, cruise missiles, and drones in defense of the rules-based international order, in defense of innocent civilian mariners, and in defense of Israel. The ability of our forces to seamlessly operate in any theater speaks to the value our Navy has provided to our nation for the last 249 years.

    We operate in a unique domain. It’s a domain that knows no boundaries. It’s a domain that transcends lines that are drawn on a map, and one in which the Navy provides agile, flexible options and decision space to our nation’s leaders every single day. I could not be more proud of that Navy team. It’s the active and reserve sailors. It’s our civilians. And it’s our families. There’s no other Navy in the world that can operate at this scale. No other Navy in the world can train, deploy, and sustain such a lethal, globally deployed, combat credible force at the pace, the scale, and the tempo that we do.

    And while all that we have achieved these past 249 years has filled me with confidence, I know that we cannot take our foot off the gas, because there’s no doubt that our nation is at an inflection point in history. We are facing a changing and challenging security environment, a changing character of war, and real challenges in ship, submarine, aircraft, construction and maintenance, munitions production, recruiting, and infrastructure maintenance. All while acknowledging the industrial and budgetary constraints complicating our efforts to address these challenges.

    I’ve already talked a little bit about the security environment, but I want to expand on how that’s changed a little bit more. As we are seeing, the rules-based international order that we have upheld, protected, and defended for over three-quarters of a century is under threat, in every ocean. The People’s Republic of China is our pacing challenge and presents a complex, multi-domain and multi-axis threat. I am eyes wide open that the challenge posed by the PRC to our Navy goes well beyond just the size of the PLAN fleet.

    It includes gray zone and economic campaigns, expansion of dual-use infrastructure like airfields and ports, and dual-use forces like the Chinese maritime militia, and a growing nuclear arsenal. It’s backed by a massive defense industrial base, which is on a wartime footing and includes the world’s largest shipbuilding capacity. The growing capabilities, capacity, and reach of the PRC military, along with its increasingly aggressive behavior in the East and South China Seas, underscore what Chairman Xi has told his forces, that they should be ready for war by 2027.

    The PRC is not our only competitor. Russia continues to be an acute threat. Iran, a stabling actor in the Middle East. And we are seeing increasing alignment of these competitors, the PRC, Russia, Iran, North Korea, violent extremist organizations, and globally sponsored terrorist organizations like Hamas, Hezbollah, the Houthis, ISIS-K, and more. In addition to this dynamic security environment, we’re also facing a changing character of war, with advancements in battlefield innovation and cheaper, more accessible technology available to state and nonstate actors alike. We’re all learning a great deal from Russia’s invasion of Ukraine and the continued Houthi ballistic missile, cruise missile, and drone attacks in the Red Sea.

    To get after all these challenges, I would love to have the resources and the industrial base capacity to just expand the size of our force overnight. And I acknowledge the need for a larger, more lethal force. But it’s no secret to any of you that we are facing financial and industrial headwinds at getting, what I like to call, more players on the field. Our budget falls short of the 3 to 5 percent increase above inflation needed to support the Navy’s growth. And we’ve had continuing resolutions for fourteen of the past fifteen years, which stifle our momentum and slow any progress in delivering the warfighting capability and capacity needed to meet the needs of today and tomorrow.

    And while we’re investing significant resources to address our industrial base challenges, change will not happen overnight. We cannot manifest a bigger Navy—a bigger traditional Navy in just a few short years. So as I came into this position, I took all of this in—the changing security environment, the changing character of war, and our own challenges—and that is what provided the context that framed my Navigation Plan. It’s a plan that lays out where we need to go to make our Navy more ready for potential conflict anytime and anywhere. As the CNO who will be at the helm into 2027, I am compelled to do more, and do more faster, to ensure that our Navy is more ready. I can’t stand still as we work to secure long-term investments for our force.

    And so my Navigation Plan essentially parks these known challenges in a box. I’m still going to work on them, but they’re not the only thing I’m going to think about. And it helps me set a course to make strategic gains in the fastest time possible with the resources I can influence. It builds on America’s Warfighting Navy, a document that I released in January that lays out my priorities of warfighting, warfighters, and the foundation that supports them. And the NAVPLAN continues where my predecessor’s 2022 NAVPLAN left off. It lays out my plan to raise our fleet’s baseline level of readiness and put more players on the field—platforms that are ready with the requisite capabilities, weapons, and sustainment, and people that are ready with the right mindset, skills, tools, and training.

    And it does that really in two ways. First, by implementing what I call Project 33, seven key areas in which we need to accelerate, areas where I will invest my personal time and resources and put my thumb on the scale to urgently move the needle, with 2027 as our North Star. And second, by expanding the Navy’s contribution to the joint warfighting ecosystem. This is all about building enduring warfighting advantage by investing in key capabilities and creating the layered effects that the Navy can contribute across all domains, to those of the joint force and those of our allies and partners. This is fundamental to my vision of how we will deter and, if necessary, fight and win our future wars.

    So, going back to the first I’d like to briefly just touch on these seven equally important Project 33 targets, as they align to my priorities of warfighting, warfighters, and the foundation that supports them.

    Under warfighting, my first target is readying our platforms.

    The second target is operationalizing robotic and autonomous systems.

    My third target is fighting from the Maritime Operations Center. That’s our command and control nerve center and it will help synchronize how we deliver effects as a Navy and as a broader joint and combined force.

    Under the warfighters’ bucket, my fourth target is recruiting and retaining talented people.

    My fifth target is delivering the quality of service that our sailors and their families deserve.

    My sixth target is investing in warfighter competency, making our live virtual constructive training as reliable, realistic, and as relevant as possible.

    And finally in the foundation bucket, my seventh target is restoring the critical infrastructure that generates, sustains, and postures our force to fight, prioritizing the Pacific theater.

    Together, these seven targets—really, stretch goals—they represent my plan to make strategic gains in the fastest time possible with the resources I can influence. I know that moving out with purpose and urgency on these targets will deter the PRC and any other potential adversary, and make us even more ready to fight and win decisively should that deterrence fail.

    I’d like to end with just a few comments about the joint warfighting ecosystem I mentioned before because my Navigation Plan is critical to expanding our Navy’s contribution to it. I know that our Navy will never fight alone, so we are laser-focused on developing and integrating key Navy capabilities with those of our joint teammates and of our allies and partners, because it’s the aggregate effects that we deliver collectively that will matter.

    The joint warfighting ecosystem is all about pooling and creating those aggregate effects. It’s a system in which a capability enables and then is enabled by each of its participants. It’s on display in the Middle East right now, and I know it’s one that Admiral Paparo will leverage in the Indo-Pacific.

    Achieving these objectives in my Navigation Plan is an all-hands-on-deck effort where everyone has a role to play—industry, Congress, academia, our joint teammates, our allies and partners, and of course our sailors and our civilians. So I would like to thank all of you here for your interest in our Navy, and I would like to thank you for all that you have done to support our Navy team and will continue to do in the future to support America’s warfighting Navy.

    I have a clock in my office that tells me that there are 807 days left until 1 January 2027. There is no time to waste, and your Navy is ready to get after it. Thank you very much, and I look forward to discussion today. Thank you.

    Dan.

    DAN LAMOTHE: All right. Good morning, everyone.

    LISA FRANCHETTI: Good morning.

    DAN LAMOTHE: Thank you for your time today, ma’am.

    You just spent several minutes articulating your plan. I know you must have spent a lot of time planning that. This town often sees plans that run into headwinds, run into real-life events. Can you walk us through a bit what you think you can do to make this plan durable, make this happen, kind of clear-eyed, noting the headwinds, the budgetary constraints, and other things like that?

    LISA FRANCHETTI: Yeah. Well, thank you. And again, thanks for the chance to talk a little bit about the plan today.

    You know, I think this plan is a little bit different from some of the plans that we have had in the past, and I worked to make sure that it would be durable and it would stick. And I really spent about the last year working on this plan alongside all of our four-star commanders, our fleet commanders, our type commanders to really get after what are the things that we need to do and what we do we need to do to think, act, and operate differently to stay ahead of the challenges that we have with the resources that we can influence right now.

    And so when you look at the plan, it’s very focused—I would say it’s different in a few ways from previous plans.

    First, it’s focused on 2027. It’s focused on the PRC. So I’ve set my priorities, my sight. It’s narrowly focused on getting after those challenges.

    The other thing is that it really builds on Navigation Plan 2022, in which we had about eighteen different areas which we were really focused on and a lot of structure was put in place with single accountable individuals to drive progress in each one of those areas. I took a look, I took a fix, and I said, all right, here’s where we are based on NAVPLAN 2022, and here are seven areas where I think we can really put our foot on the gas and accelerate our progress in those to be real gamechangers in what we need to be able to do in the future.

    I think the last thing I would say what’s different about it is that it does have this single accountable individual responsible for each one of the targets that we’re trying to get after. And what we’ve found through our perform-to-plan and naval sustainment systems, processes have been put in place, if you have a stretch goal, a single accountable individual, and a cadence of accountability, that drives success.

    And the Navigation Plan will change my focus. It changes where I go, what I visit, what reports I get, what meetings I go to. And so my personal attention will be on these Project 33 goals as well as building the capabilities I talk about as the key capabilities for warfighting advantage that will get us where we need to be in the future.

    DAN LAMOTHE: OK. One of your stated goals is boosting surge readiness to 80 percent. I know talking to a lot of analysts in this town, they raise concerns whether real-life events, physics, other things would really challenge this. And I know you’ve raised previously the aircraft as a kind of parallel. Do you see 80 percent as aspirational, achievable, both? And I guess, how do you put your foot on the gas with that?

    LISA FRANCHETTI: Thanks. This is one of the most important—all seven are equally important, but you know, I’ve long said that we need to get more players on the field. There’s a lot of ways to do that. You know, one is to buy new ones. One is to get them in and out of maintenance on time, which is—that’s why I put this goal in here. One is to use what you have differently.

    I am focused on this, because the aviation example is really illustrative of what we know we can achieve. So in 2018, Secretary Mattis challenged our aviation community to get F/A-18 readiness up from 50 percent readiness/availability to 80 percent. And over the process of these—the last couple of years, and now six years on, we’ve been able to sustain 80 percent readiness in the F/A-18s because of the processes that we put in place, data-driven, daily drumbeats of accountability to make sure that we understood what the readiness was, what the barriers were to achieving that readiness, and moving forward.

    They’ve been able to scale that now through other type model series, and we’ve expanded it to the submarine force and also the surface force. So it’s a stretch goal, but I am committed and the team is committed to going after that stretch goal. So we are putting all those—we have, actually, all those processes in place now, and I’m really looking forward to that.

    I will just give another example, a metric in surface that might be useful. So, you know, on-time completion of maintenance availabilities is really important. So if you think back in 2022 we had about 27 percent completion on time, 2023 we moved it up into the 30 percents, and this year we’ll be up to 67 percent. So we put in a lot of procedures to be able to plan maintenance availabilities early in a surface, a submarine, and aviation, making sure we understand what parts we need, having available pool of parts, investing in those parts so they can be there on time; planning our stuff—maintenance availabilities at least six months ahead of time and locking them in to let industry know what’s coming and also get those parts on order. Those are some of the things we’re doing.

    So these are stretch goals, but I am confident that we’re going to work hard to get after them. And if we don’t make exactly 80 percent, we’re going to be farther along the road than we would be if I hadn’t set such an ambitious goal.

    DAN LAMOTHE: OK.

    LISA FRANCHETTI: And I will say all the communities are locked hands on these goals, so we are all committed to working together to get after them.

    DAN LAMOTHE: A lot of discussions about the future of the Navy tend to focus on ship numbers. I heard in your comments there you kind of addressed that head on. To what do you—what degree do you consider that construct limiting, and to what degree do you consider that construct necessary? You know, I—there’s a pragmatic aspect to this, but numbers are numbers, and I’m sure that’s something that you get an earful on a lot as well.

    LISA FRANCHETTI: Certainly. Well, I fully acknowledge that we need a larger, more lethal Navy. You know, we have multiple assessments that say that we need to have a larger Navy, and I really want to work closely, you know, with Congress, with industry to be able to deliver that Navy that we need. And that’s a really important thing.

    But the size of the Navy is not the only thing that matters. I think if you look at that future warfighting ecosystem, it’s really about the effects you can deliver with that Navy from a widely dispersed, disaggregated force integrated with all of the other forces of our joint force, whether it’s cyber, space, Air Force, Army, Marines. You can definitely envision a different type of warfighting environment where all of those effects are layered together, and that is really how we’re going to beat any adversary.

    So, to me, it’s both. We need to focus on getting the fleet that we need with the capabilities we need, but we also need to understand how we’re going to better integrate them with the joint force and alongside our allies and partners. And really, how do we build that interoperability from the ground up with allies and partners through both weapons systems but also exercises, and make sure that we can really plug and play, plug and fight any time that we need to be able to do that?

    DAN LAMOTHE: OK. Thank you.

    Let’s talk some current ops and maybe tie it back to the plan a bit. The Navy’s been extremely busy in the Red Sea and other parts of the Middle East over the last year. You know, I think a lot of us are tracking ship movements and things like that on a level that, you know, is not always common. What is the service learning as a result as seemingly almost daily sailors are knocking, you know, munitions out of the sky? And how long do you think the service can keep this up? It seems to me that there would be concern as this stretches on on magazine depth and also on just, you know, as you’re trying to pivot elsewhere this seemingly doesn’t go away.

    LISA FRANCHETTI: Well, first, I couldn’t be more proud of our Navy and Marine Corps team that’s out there. As I said earlier, you know, from day one we’ve been there to deter further escalation. And you know, I’m very proud of all of our ships—working alongside allies and partners, I would add—there in the Red Sea and in the—in the Indian Ocean to really uphold that rules-based international order.

    I think we’re learning a lot by being in the Red Sea. First, the value of allies and partners. And again, all of these exercises and training that we do all around the world, that’s enabled us to work together to get after this challenge.

    I would say a few other things. First, that our sailors are confident in their weapons system. And that’s really a testament to the development of these weapons systems over the last many years, but also to the training, the certification, all of the work we do to get our sailors, our ships, our aircraft, everything ready to go before they head into harm’s way. And our systems have performed as designed. So, again, it’s a real testament to the designers, the engineers, and now our people who are able to employ them effectively.

    I think the other thing that we’re learning is that we’ve been able to observe all of the different engagements, everything that the Houthis have used, all of their Iranian-supplied weapons systems, and we’ve been able to look at their tactics that they’re using. We’ve been able to use data and extract that information from our weapons systems, bring that back here to the US in a matter of hours. And getting that to our engineers; to our warfighting development centers where they develop tactics, techniques, and procedures; this has been really a gamechangers because then all the experts can work together, understand what’s going on. As tactics evolve, then we can introduce different tactics, adjustments to radars, whatever it is we need to do to be able to get after that.

    I’ll just give a small example. When I was out visiting one of our ships, I got to promote a fire controlman second class to first class. And he was a technician who worked with a gun weapons system, and he had an idea about how he could make the gun more effective against Houthi threats. And he wrote up his idea, he sent it back to the technical authorities, they validated it, and they put it out the rest of the fleet because it was a better way to use the gun and more effective. And so we got to put technology into the hands of a warfighter; we got him to think about how to think, act, and operate differently; and he was really a pioneer in innovating there on the battlefield.

    I always like to say in Ukraine they innovate on the battlefield every single day. They take what they have and they use it differently. We need to be able to do the same. So I think that’s another lesson that we’ve learned there.

    DAN LAMOTHE: OK.

    LISA FRANCHETTI: And to your last point about, you know, are we concerned about our sustainability to be there, of course, our job is to be there, and that is what we train our people to do. So I’m very proud to be able to do that mission. And we’re continuing to work, again, to invest in the munitions as I talk about the foundation—munitions, bases, infrastructure—all those things we need to generate and sustain the force, committed to getting after that.

    DAN LAMOTHE: All right.

    And I think we have just time for one more question. We’ve seen the Abraham Lincoln Strike Group extended. We’ve seen the Marine Expeditionary Unit extended along with the ARG. As we see this extend, you know, it occurs to me we don’t necessarily have a follow-on ARG new behind it. To what degree are you concerned about being able to sustain the tempo out there?

    LISA FRANCHETTI: Well, as you know, we train, deploy, and certify all of our forces to be able to meet the requirements that are set forth, you know, by the secretary. We’re a globally deployed force, and I think that’s one of the greatest things about the flexibility of our Navy. We can generate the forces, we can send them where they need to go, and allow the secretary to be able to move them between the different theaters to get after the missions that we have. So I’m confident in our ability to do that.

    I am very focused on readiness for all of our ships. You know, when you think about in the big picture what are my priorities, first, Columbia, our number-one acquisition priority. But after that, readiness, capability, and then capacity. I’m really focused on readiness and getting after all of these maintenance challenges that have caused some of the delays in the past, whether it’s in our amphibious force or in any one of our platforms. So, again, that’s how we’re going to get after this. And that’s why that’s a key part of our Navigation Plan.

    DAN LAMOTHE: OK. Thank you all for your time today. I’d ask you to remain seated so that the admiral can depart for another meeting.

    LISA FRANCHETTI: Thank you very much.

    DAN LAMOTHE: All right.

    LISA FRANCHETTI: Thank you.

    DAN LAMOTHE: Thank you.

    LISA FRANCHETTI: Oh, thanks. That was fun.

    DAN LAMOTHE: Thank you.

    MIL Security OSI –

  • MIL-OSI Russia: Marat Khusnullin took part in the All-Russian Congress of Road Workers

    MILES AXLE Translation. Region: Russian Federation –

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

    Marat Khusnullin took part in the All-Russian Congress of Road Workers

    Deputy Prime Minister Marat Khusnullin took part in a panel discussion of the All-Russian Congress of Road Workers at the XI International Specialized Exhibition “Road-2024”. In particular, preliminary results of the implementation of the national project “Safe High-Quality Roads” were summed up.

    “In recent years, an effectively functioning, unified project team for the road industry of the entire country has been formed. Thanks to the support of the President, the Chairman of the Government, as well as the coordinated work of the Ministry of Transport, the Ministry of Finance, Rosavtodor, and regional teams, we have managed to achieve great success, including in the implementation of the national project “Safe High-Quality Roads”. As a result, comfortable conditions for study and work, for rest and raising children have been created. Positive changes have not gone unnoticed by residents of the regions. The national project is one of the most recognizable among the population. Over six years of work on “BKD”, we have been able to repair, reconstruct and build more than 100 thousand km of roads in 84 regions, and lay 800 million square meters of top layers of pavement. Now we are finishing the current road national project, the continuation of which in the future will be a new one – “Infrastructure for Life”. There is still a lot of work to be done, but with a well-coordinated team, I am sure that all targets will be met, and some of them will exceed the planned values,” said Marat Khusnullin.

    The Deputy Prime Minister thanked his colleagues for the work done in terms of developing the road transport industry and noted large-scale plans for the future. On the instructions of the President, by 2030 it is planned to build at least 50 bypasses of populated areas. Active development of the transport route “Russia”, international transport corridors “North – South”, “West – East” will also continue. Local measures to eliminate bottlenecks in the federal network, development of roads of the Azov-Black Sea cluster will also continue.

    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://government.ru/nevs/53030/

    MIL OSI Russia News –

  • MIL-OSI Security: Readout of Chairman of the Joint Chiefs of Staff Gen. CQ Brown, Jr.’s Meeting with Armenia’s Chief of the General Staff Lt. Gen. Edvard Asryan

    Source: US Defense Joint Chiefs of Staff

    Office of the Chairman of the Joint Chiefs of Staff Public Affairs

    October 17, 2024

    WASHINGTON, D.C. — Joint Staff Spokesperson Navy Capt. Jereal Dorsey provided the following readout:

    Chairman of the Joint Chiefs of Staff Gen. CQ Brown, Jr., met with Armenia’s Chief of the General Staff Lt. Gen. Edvard Asryan yesterday at the Pentagon.

    Gen. Brown thanked Lt. Gen. Asryan for Armenia’s productive military-to-military cooperation with the U.S and reaffirmed the importance of strengthening the defense relationship. Additionally, the military leaders discussed Armenia’s military modernization initiatives, and Gen. Brown offered to support these efforts through the State Partnership Program and additional training opportunities. Finally, the Chairman expressed concern about Russia’s malign influence in the region and the need to counter these activities.

    The U.S. remains committed to fostering regional stability and a lasting peace in the South Caucasus.

    For more Joint Staff news, visit: www.jcs.mil.
    Connect with the Joint Staff on social media: 
    Facebook, Twitter, Instagram, YouTube,
    LinkedIn and Flickr.

    MIL Security OSI –

  • MIL-OSI USA: Study Highlights Damage of Biden-Harris Proposed LNG Ban

    Source: United States House of Representatives – Congressman Jodey Arrington (TX-19)

    Washington, D.C. – Today, the National Association of Manufacturers released its “Economic Benefits of U.S. LNG Exports” report, highlighting the positive impact American liquified natural gas (LNG) has on the economy, as well as the prospective damage of the Biden-Harris administration’s ban on LNG export permits. 

    The report found that U.S. LNG exports currently support 222,450 jobs, resulting in $23.2 billion in labor income, while adding $43.8 billion of value to the American economy. It also found that the Biden-Harris January 2024 ban on LNG exports, if continued, could cost an estimated 900,000 jobs, $216 billion of economic growth, and cause American communities to lose $48 billion in tax and royalty revenues by 2044.

    In July, House Budget Chairman Jodey Arrington (TX-19) led over 50 of his colleagues in a bipartisan call for the White House to expedite approvals of new LNG export permits after a federal judge blocked the administration’s ban on new exports.

    “Since their first day in office, President Biden and Vice President Harris have launched a unilateral assault on American oil and gas, choking the lifeblood of our economy, crushing consumers with high energy costs, and sending oil production overseas – enriching our adversaries like Russia and China,” said Chairman Arrington in a July statement. “Thankfully, the Biden-Harris ban on American LNG export permits was blocked. Yet, their administration is still dragging its heels on approving these permits in an attempt to placate the far-Left. It’s critical that the DOE swiftly approve stalled export permit applications to strengthen our economy, bolster our energy security, and restore American energy dominance.”

    ###

    MIL OSI USA News –

  • MIL-OSI Europe: United in Ukraine’s Recovery: EC-EIB-UNDP partnership is driving reconstruction and building resilience

    Source: European Investment Bank

    Ivana Živković emphasised: “While the resilience of Ukrainians fills me with hope, the continuous attacks threaten to erase the hard-won gains from our joint recovery efforts. We must remain steadfast in our support for Ukraine and ensure that the lessons learned here are reflected in our response. Trust among our partnerships has enabled us to respond swiftly and effectively to the needs of Ukraine. Our focus is not just on rebuilding infrastructure but on empowering local communities to lead their own recovery. This is how we ensure resilience and sustainability.”

    These recovery projects are supported by international partners but are fully managed by local governments, whose leadership is crucial to their success, as they are tailored to each community’s needs. Two Ukrainian mayors shared details of the recovery projects currently underway in their regions, showcasing Ukraine’s resilient spirit that thrives even in the smallest communities. Both leaders exemplify proactive local governance as they address the challenges of recovering from war damages, accommodating displaced persons, and developing their villages to flourish amid ongoing adversities and the pressures of modern urbanisation trends.

    Mykhailo Demchenko, Head of the Stryzhavka Territorial Community in Vinnytsia Region, said: “In Stryzhavka, we are working on key projects that include the construction of a new administrative building and major repairs to two local schools recently inaugurated. These initiatives, part of the Ukraine Recovery Programme, are essential for restoring not only infrastructure but also community spirit and functionality. With support from the EU Delegation, the EIB and UNDP, we’re building a brighter future for our residents and the internally displaced persons (IDPs) we are hosting.”

    Ruslan Yaremchuk, Head of the Palanka Territorial Community in Cherkasy Region stated: “Our community is focused on rebuilding educational institutions that were severely damaged during the war, including the Palanka Lyceum and Horodetska Secondary School. We are also renovating the Palanka kindergarten, ensuring that our youngest residents have a safe place to learn. These projects, with a total investment of over €4 million, are vital for the long-term resilience of Palanka.”

    Recovery efforts and long-term reforms are vital 

    The event’s panel discussion was moderated by Kristina Mikulova, head of the EIB Regional Hub for Eastern Europe and focused on the evolving needs of Ukraine. Vsevolod Chentsov, Head of the Mission of Ukraine to the European Union, highlighted the country’s urgent priorities, particularly ahead of the upcoming winter: “The ongoing Russian missile and drone strikes have devastated 9 GW of Ukraine’s energy generation capacity, leaving us in an urgent and critical situation. The European Union’s financial backing, which has already provided €2 billion in aid, and the contributions from member states, including funds from frozen Russian assets, are crucial to preventing a worst-case scenario this winter.”

    Anna Jarosz Friis, Director of the Ukraine Service at DG NEAR, emphasised the European Commission’s commitment to supporting Ukraine through the Ukraine Facility 2024-2027, which aims to address both immediate recovery needs and long-term reforms. Violaine Silvestro von Kameke, Principal Advisor at the EIB, illustrated the tangible impact of recent projects she inaugurated, showcasing how EIB framework loans have improved lives across more than 120 communities. Additionally, Jaco Cilliers, UNDP Resident Representative in Ukraine, shared valuable insights from UNDP’s extensive crisis response work, drawing parallels between Ukraine’s early recovery efforts and similar initiatives in other fragile environments worldwide.

    Looking ahead: building a resilient future for Ukraine

    As Ukraine navigates the ongoing challenges posed by the war, international support remains crucial. The EU-EIB-UNDP partnership will continue to play a pivotal role in meeting both immediate recovery needs and long-term investment goals, particularly as Ukraine strives for EU accession. The event highlighted the progress made so far, while acknowledging the long road ahead for rebuilding a resilient and sustainable Ukraine.

    MIL OSI Europe News –

  • MIL-OSI Video: Governor Talk – Ukraine: Effective Central Banking Amid Unprecedented Uncertainty

    Source: International Monetary Fund – IMF (video statements)

    National Bank of Ukraine Governor Andriy Pyshnyy will draw on his experience to describe monetary policy implementation, maintaining financial stability, and Ukraine’s strong economic performance following the Russian invasion of Ukraine. He will also share how Ukraine’s lessons can extend to a global landscape increasingly characterized by unprecedented shocks, where policymakers worldwide seek to reconcile needs for innovative thinking and unconventional approaches with the imperatives of maintaining central bank independence and credibility.

    With Andriy Pyshnyy, Governor of the National Bank of Ukraine

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

    MIL OSI Video –

  • MIL-OSI Asia-Pac: The cumulative overall exports during April -September 2024 is estimated at USD 393.22Billion, as compared to USD 375Billion in April-September 2023, with an estimated growth of 4.86%.

    Source: Government of India (2)

    Ministry of Commerce & Industry

    The cumulative overall exports during April -September 2024 is estimated at USD 393.22Billion, as compared to USD 375Billion in April-September 2023, with an estimated growth of 4.86%.

    The cumulative value of merchandise exports during April-September 2024 was USD 213.22 Billion, as compared to USD 211.08 Billion during April-September 2023, registering a positive growth of 1.02%.

    Non-petroleum & Non-Gems & Jewellery exports registered an increase of 9.14% from USD 24.76 Billion in September 2023 to USD 27.03 Billion in September 2024.

    Major drivers of merchandise exports growth in September 2024 include Engineering Goods, Organic & Inorganic Chemicals, Plastic & Linoleum, Drugs & Pharmaceuticals and RMG of all Textiles.

    Engineering Goods exports increased by 10.55% from USD 8.89 Billion in September 2023 to USD 9.82 Billion in September 2024.

    Organic & Inorganic Chemicals exports increased by 11.21% from USD 2.12 Billion in September 2023 to USD 2.36 Billion in September 2024.

    Plastic & Linoleum exports increased by 28.32% from USD 0.62 Billion in September 2023 to USD 0.79 Billion in September 2024.

    Drugs & Pharmaceuticals exports increased by 7.22% from USD 2.39 Billion in September 2023 to USD 2.57 Billion in September 2024.

    RMG of all Textiles exports increased by 17.30% from USD 0.95 Billion in September 2023 to USD 1.11 Billion in September 2024.

    Posted On: 16 OCT 2024 6:10PM by PIB Delhi

    India’s total exports (Merchandise and Services combined) for September 2024* is estimated at USD 65.19 Billion, registering a positive growth of 3.76 percent vis-à-vis September 2023.Total imports (Merchandise and Services combined) for September 2024* is estimated at USD 71.68 Billion, registering a positive growth of 3.79 percent vis-à-vis September 2023.

    Table 1: Trade during September 2024*

     

     

    September 2024

    (USD Billion)

    September 2023

    (USD Billion)

    Merchandise

    Exports

    34.58

    34.41

    Imports

    55.36

    54.49

    Services*

    Exports

    30.61

    28.42

    Imports

    16.32

    14.58

    Total Trade

    (Merchandise +Services) *

    Exports

    65.19

    62.83

    Imports

    71.68

    69.06

    Trade Balance

    -6.49

    -6.23

    * Note: The latest data for services sector released by RBI is for August2024. The data for September 2024 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-September 2023 and April-June 2024 has been revised on pro-rata basis using quarterly balance of payments data.

    Fig 1: Total Trade during September2024*

     

    India’s total exports during April-September2024* is estimated at USD 393.22 Billion registering a positive growth of 4.86 percent. Total imports during April-September 2024* is estimated at USD 448.05 Billion registering a growth of 6.89 percent.

    Table 2: Trade during April-September 2024*

     

     

    April-September 2024

    (USD Billion)

    April-September 2023

    (USD Billion)

    Merchandise

    Exports

    213.22

    211.08

    Imports

    350.66

    330.32

    Services*

    Exports

    180.00

    163.92

    Imports

    97.39

    88.86

    Total Trade

    (Merchandise +Services) *

    Exports

    393.22

    375.00

    Imports

    448.05

    419.18

    Trade Balance

    -54.83

    -44.18

     

    Fig 2: Total Trade during April-September 2024*    

          

    MERCHANDISE TRADE

    • Merchandise exports during September 2024 were USD 34.58 Billion as compared to USD 34.41 Billion in September 2023.
    • Merchandise imports during September 2024 were USD 55.36 Billion as compared to USD 54.49 Billion in September 2023.

     

    Fig 3: Merchandise Trade during September 2024

    • Merchandise exports during April-September 2024 were USD 213.22 Billion as compared to USD 211.08Billion during April-September 2023.
    • Merchandise imports during April-September 2024 were USD 350.66 Billion as compared to USD 330.32 Billion during April-September 2023.
    • Merchandise trade deficit during April-September 2024 was USD 137.44 Billion as compared to USD 119.24 Billion during April-September 2023.

    Fig4: Merchandise Trade during April-September 2024

    • Non-petroleum and non-gems & jewellery exports in September 2024 were USD 27.03Billion compared to USD 24.76Billion in September 2023.
    • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in September 2024 were USD 36.49Billion compared to USD 34.21Billion in September 2023.

     

    Table 3: Trade excluding Petroleum and Gems & Jewellery during September 2024

     

    September 2024

    (USD Billion)

    September 2023

    (USD Billion)

    Non- petroleum exports

    29.85

    27.95

    Non- petroleum imports

    42.82

    40.48

    Non-petroleum & Non-Gems & Jewellery exports

    27.03

    24.76

    Non-petroleum & Non-Gems & Jewellery imports

    36.49

    34.21

    Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

     

    Fig 5: Trade excluding Petroleum and Gems & Jewellery during September 2024

    • Non-petroleum and non-gems & jewellery exports in April-September 2024 were USD 162.77 Billion, compared to USD 153.71 Billion in April-September 2023.
    • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-September 2024 were USD 222.72 Billion, compared to USD 211.34 Billion in April-September 2023.

    Table 4: Trade excluding Petroleum and Gems & Jewellery during April-September 2024

     

    April-September 2024

    (USD Billion)

    April-September 2023

    (USD Billion)

    Non- petroleum exports

    176.68

    169.33

    Non- petroleum imports

    261.75

    246.36

    Non-petroleum &Non Gems& Jewellery exports

    162.77

    153.71

    Non-petroleum & Non Gems & Jewellery imports

    222.72

    211.34

    Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

    Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-September 2024

     

    SERVICES TRADE

    • The estimated value of services export for September 2024* is USD 30.61 Billion as compared to USD 28.42Billion in September 2023.
    • The estimated value of services imports for September 2024* is USD 16.32 Billion as compared to USD 14.58Billion in September 2023.

     

    Fig 7: Services Trade during September2024*

     

    • The estimated value of service exports during April-September 2024* is USD 180 Billion as compared to USD 163.92 Billion in April-September 2023.
    • The estimated value of service imports during April-September 2024* is USD 97.39 Billion as compared to USD 88.86 Billion in April-September 2023.
    • The services trade surplus for April-September 2024* is USD 82.61 Billion as compared to USD 75.06 Billion in April-September 2023.

    Fig 8: Services Trade during April-September 2024*

    • Exports of Coffee (74.75%), Tobacco (50.9%), Handicrafts Excl. Hand Made Carpet (48.09%), Plastic & Linoleum (28.32%), Spices (26.66%), Rice (24.93%), Rmg Of All Textiles (17.3%), Jute Mfg. Including Floor Covering (16.45%), Cereal Preparations & Miscellaneous Processed Items (15.25%), Carpet (14.93%), Oil Seeds (14.73%), Oil Meals (13%), Man-Made Yarn/Fabs./Made-Ups Etc. (11.41%), Organic & Inorganic Chemicals (11.21%), Engineering Goods (10.55%), Leather & Leather Products (8.86%), Fruits & Vegetables (8.38%), Electronic Goods (7.89%), Meat, Dairy & Poultry Products (7.85%), Drugs & Pharmaceuticals (7.22%), Tea (5.73%), Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (3.48%) and Cashew (2.23%) record positive growth during September 2024 over the corresponding month of last year.
    • Imports of Dyeing/Tanning/Colouring Mtrls. (-25.92%), Vegetable Oil  (-23.24%), Pearls, Precious & Semi-Precious Stones (-21.62%), Leather & Leather Products (-16.62%), Newsprint (-13.62%), Petroleum, Crude & Products (-10.44%), Artificial Resins, Plastic Materials, Etc. (-8.76%), Coal, Coke & Briquettes, Etc. (-2.14%), Textile Yarn Fabric, Made-Up Articles (-1.8%) and Transport Equipment (-0.38%) record negative growth during September 2024 over the corresponding month of last year.
    • Services exports is estimated to grow by 9.81percent during April-September 2024* over April-September 2023.
    • Top 5 export destinations, in terms of change in value, exhibiting positive growth in September 2024 vis a vis September 2023 are Netherland (38.6%), U Arab Emts (23.75%), U S A (4.98%), Brazil (41.98%) and Japan (36.35%).
    • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-September 2024 vis a vis April-September 2023 are Netherland (36.73%), U S A (5.6%), U Arab Emts (11.45%), Malaysia (27.91%) and U K (12.4%).
    • Top 5 import sources, in terms of change in value, exhibiting growth in September 2024 vis a vis September 2023 are U Arab Emts (49.22%), China P Rp (14.46%), Germany (32.52%), Japan (25.72%) and Taiwan (38.17%)
    • Top 5 import sources, in terms of change in value, exhibiting growth in April-September 2024 vis a vis April-September2023 are U Arab Emts (52.01%), China P Rp (11.52%), Russia (5.73%), Taiwan (39.97%) and Oman (51.52%).

    *Link for Quick Estimates

    ***

    AD/VN

     

    (Release ID: 2065486)

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: IMF Staff Completes Third Review Mission of the Extended Credit Facility (ECF) to Central African Republic

    Source: IMF – News in Russian

    October 16, 2024

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • Challenging business environment, regulatory uncertainty, insecurity, and exorbitant fuel prices at the pump continue to weigh on economic activity in the Central African Republic
    • A significant improvement in domestic revenues requires an improved contribution of fuel revenues to the tune of 20-25 percent of total revenue.
    • Increased support from the international community is essential to obtain financing assurances for 2025 and beyond.

    Washington, DC: A team from the International Monetary Fund (IMF), led by Mr. Albert Touna Mama, held discussions with the Central African Republic (CAR)’s authorities in Bangui from September 23 – October 2, 2024, in connection with the third review of CAR’s  program supported by the Extended Credit Facility (ECF). Discussions will continue in the coming weeks, virtually and then in Washington on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank Group.

    At the end of the discussions, Mr. Touna Mama made the following statement:

    “Despite progress in peacekeeping, CAR’s economic outlook remains subject to numerous challenges. Economic growth in 2024 has been revised slightly downward to 1.0 percent due to disruptions in the supply of electricity as well as significant delays in fuel imports via the Ubangi River. The still unfavorable business environment, regulatory uncertainty, persistent insecurity in certain mining areas as well as onerous fuel prices at the pump—among the highest in the world—continue to weigh on economic activity in CAR.

    “In a context of restoring state authority, coupled with significant humanitarian needs, the authorities continue to face strong budgetary pressures. Despite an increase in domestic revenue, which reached near CFAF 80 billion at the end of June 2024, a worsening of the domestic primary deficit was nevertheless noted over the same period. The authorities have committed to implementing a series of emergency measures—including the suspension of exceptional customs exemptions—as part of an upcoming revised budget to meet their deficit targets for 2024.

    “However, a significant improvement in domestic revenues in the short term will only be possible with a higher contribution of fuel taxation, whose current performance (about 9 percent of total domestic revenues in 2024) is well below its historical levels (between 20-25 percent). We thus urge the government to ensure the effective implementation of its reform commitments in the fuel sector, to reduce import costs, boost fiscal revenues, and relieve costs for Central African populations and businesses.

    “In the medium term, efforts to modernize tax and customs administrations remain the best guarantee of lasting improvement in the mobilization of domestic resources. Thus, the ongoing deployment of the new electronic tax declaration system at the General Directorate of Taxes and Domains, E-tax, combined with the introduction of a new unique identification number (NIU), constitute major advance. Progress is also expected in the systematic use of the integrated financial information system at the General Directorate of the Treasury as well as in sectoral ministries, including for expenditure by extraordinary procedures.

    “Furthermore, increased financial support by the international community is now more crucial than ever. Despite the resumption of budget support by certain donors, the overall envelope remains well below the historical levels, and thus of the needs to stabilize public finances and reduce dependence on more expensive sources of financing. Yet, significant uncertainties continue to weigh on sources of budgetary financing in 2025 and beyond.

    “We call on all donors to support the stabilization and public finance reform efforts underway in CAR through grants and highly concessional financing. In that vein, we encourage the authorities to maximize efforts to obtain the financing assurances needed for the continuation of the program supported by the Extended Credit Facility.

    “The mission wishes to thank the CAR authorities for their warm welcome and for the open and candid atmosphere in which the discussions were held.

    “The IMF delegation met with Prime Minister Moloua, President of the National Assembly Sarandji, Minister of Finance Ndoba, Minister of Economy Filakota, Minister of Energy Piri, Minister of Health Somse, Interministerial Committee in charge of the reforms in the fuel sector chaired by Minister of Justice Djoubaye, BEAC National Director Chaïbou and other senior officials, as well as representatives of development partners and the private sector.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pavis Devahasadin

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/16/pr-24375-central-african-republic-imf-staff-completes-3rd-review-mission-of-ecf

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Banking: Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery

    Source: Phillips

    Facility expects to cease operations in the fourth quarter of 2025
    Company will work with the state of California to supply fuel markets and meet ongoing consumer demand

    HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand.
    “We understand this decision has an impact on our employees, contractors and the broader community,” said Mark Lashier, chairman and CEO of Phillips 66. “We will work to help and support them through this transition.” Approximately 600 employees and 300 contractors currently operate the Los Angeles-area refinery.
    “With the long-term sustainability of our Los Angeles Refinery uncertain and affected by market dynamics, we are working with leading land development firms to evaluate the future use of our unique and strategically located properties near the Port of Los Angeles,” said Lashier. “Phillips 66 remains committed to serving California and will continue to take the necessary steps to meet our commercial and customer demands.”
    As the California Energy Commission’s analysis has indicated, expanding supply capabilities will be critical. Phillips 66 supports these efforts and will work with California to maintain current levels and potentially increase supplies to meet consumer needs. The company will supply gasoline from sources inside and outside its refining network as well as renewable diesel and sustainable aviation fuels from its Rodeo Renewable Energy Complex in the San Francisco Bay area.
    Phillips 66 has engaged Catellus Development Corporation and Deca Companies, two leading real estate development firms, to evaluate the future use of the 650-acre sites in Wilmington, California, and Carson, California. The firms bring strong track records of solving complex redevelopment challenges and will collaborate with Phillips 66 in an advisory role to advance potential commercial development options that support the regional economy and other key stakeholder objectives.
    “These sites offer an opportunity to create a transformational project that can support the environment, generate economic development, create jobs and improve the region’s critical infrastructure,” Lashier said.
    About Phillips 66
    Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
    CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
    This news release contains forward-looking statements within the meaning of the federal securities laws relating to Phillips 66’s operations. Words such as “anticipated,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: changes in governmental policies or laws that relate to our operations, including regulations that seek to limit or restrict refining, marketing and midstream operations or regulate profits, pricing, or taxation of our products or feedstocks, or other regulations that restrict feedstock imports or product exports; our ability to timely obtain or maintain permits necessary for projects; fluctuations in NGL, crude oil, refined petroleum, renewable fuels and natural gas prices, and refining, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for refined petroleum or renewable fuels products; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for biofuels; unexpected changes in costs for constructing, modifying or operating our facilities; our ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition or conversion that we may pursue; unexpected difficulties in manufacturing, refining or transporting our products; the level and success of drilling and production volumes around our midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; lack of, or disruptions in, adequate and reliable transportation for our products; potential liability from litigation or for remedial actions, including removal and reclamation obligations under environmental regulations; failure to complete construction of capital projects on time and within budget; our ability to comply with governmental regulations or make capital expenditures to maintain compliance with laws; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets, which may also impact our ability to repurchase shares and declare and pay dividends; potential disruption of our operations due to accidents, weather events, including as a result of climate change, acts of terrorism or cyberattacks; general domestic and international economic and political developments, including armed hostilities (such as the Russia-Ukraine war), expropriation of assets, and other diplomatic developments; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and property and equipment and/or strategic decisions with respect to our asset portfolio that cause impairment charges; investments required, or reduced demand for products, as a result of environmental rules and regulations; changes in tax, environmental and other laws and regulations (including alternative energy mandates); political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of equity affiliates we do not control; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

    Source: Phillips 66

    MIL OSI Global Banks –

  • MIL-OSI Russia: IMF Staff Completes 2024 Article IV Mission to The Kingdom of Bahrain

    Source: IMF – News in Russian

    October 16, 2024

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • Growth remained resilient in 2023, despite tight financial conditions, heightened geopolitical uncertainty, and tensions in the broader region.
    • Government debt is high and additional fiscal measures and structural reforms will be needed to put it onto a durable downward path.
    • Financial stability has been well-maintained and efforts to deepen financial markets should continue.

    Washington, DC: An International Monetary Fund (IMF) mission led by Mr. John Bluedorn visited Manama during September 29–October 10, 2024 to conduct discussions for the 2024 Article IV consultation. The mission will submit a report to IMF management and Executive Board, which is scheduled to discuss the Article IV consultation in November.

    At the conclusion of the visit, Mr. Bluedorn issued the following statement:

    “Despite further tightening of financial conditions and heightened geopolitical uncertainty, Bahrain’s real GDP grew at 3 percent in 2023, while CPI inflation fell to 0.1 percent. However, the fiscal position declined in 2023, with the overall fiscal balance to GDP falling by 3.3 percentage points to –8.5 percent and gross government debt to GDP increasing by 12 percentage points to 123 percent. This marked a change from the notable improvements in 2021 and 2022 under the revised Fiscal Balance Program (FBP), when Bahrain recorded rises in the overall primary balance of about 6 percentage points of GDP on average per year. The ratio of nonhydrocarbon revenues to primary recurrent expenditures (excluding extrabudgetary spending) remained at its FBP target of about 40 percent in 2023. The current account stayed in surplus at 5.9 percent of GDP in 2023, but down from its peak in the previous year.

    “Growth is anticipated to remain at 3 percent in 2024 and rise to 3.5 percent in 2025, with the completion of refinery upgrades in the manufacturing sector and a pick-up in private sector credit growth supporting greater private investment. Over the medium-term, real GDP is expected to grow at around 3 percent, driven by nonhydrocarbon GDP, which is expected to grow to account for about 90 percent of the economy by 2029. CPI inflation is projected to rise to 1.2 percent in 2024, before steadily converging to 2 percent over the medium term.

    “To put government debt to GDP onto a durable downward path, a multi-year and pre-committed fiscal consolidation and reform package is the policy priority. In this regard, the recently introduced domestic minimum top-up tax under the OECD/G20 Inclusive Framework is welcome. However, additional steady fiscal efforts over multiple years, appropriately staggered to smooth the adjustment, remain necessary. These efforts would include raising nonhydrocarbon revenue, rationalizing current spending, and reducing subsidies while increasing social transfers to protect the vulnerable and supporting investment. This package would balance growth and equity considerations and fiscal sustainability.

    “The Central Bank of Bahrain should continue to closely follow the U.S. Federal Reserve in changes to its policy stance. Looking forward, the anticipated easing of monetary conditions will mitigate the growth impact from fiscal adjustment, which in turn further supports the build-up of external buffers. Formalizing and implementing a bank resolution framework would build on a tradition of sound financial sector supervision and regulation and help safeguard financial stability. Further developing the local currency bond market and the non-bank financial sector, while closely monitoring interconnectedness between banks and non-banks, would promote greater financial market deepening and the diversification of financing sources for the broader economy.

    “Economic diversification has progressed well, but additional reforms would foster higher, greener, and more inclusive medium-term growth. Building upon existing efforts, policies to further boost inclusion and productivity include expanding well-designed programs to enhance human capital and close identified skill gaps, improving small and medium-sized enterprises’ access to finance, and harnessing the digital transformation. By raising growth, the measures would also hasten the decline in the debt-to-GDP ratio and ease the fiscal adjustment. Gradually reducing energy subsidies while increasing renewable energy investments would also bolster Bahrain’s moves toward its emission reduction goals and ensure a smooth energy transition.  

    “The recent implementation of the National Summary Data Page (NSDP), one of the key recommendations of the IMF’s enhanced General Data Dissemination Standards (e-GDDS), is a welcome change and a testament to Bahrain’s commitment to improving data quality and transparency, with the aim to subscribe to the Special Data Dissemination Standard (SDDS) in the near future. Such enhancements are an important public good and will help national decision-makers and domestic and international stakeholders to improve their monitoring of macroeconomic and financial developments in Bahrain.

    “The IMF mission team wishes to express its appreciation to the Bahraini authorities for their cooperation, hospitality, and engaging and helpful discussions.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Mayada Ghazala

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

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/16/pr-24376-bahrain-imf-staff-completes-2024-article-iv-mission

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Translation: 16/10/2024 Undersecretary of State Henryka Mościcka-Dendys met with the US Special Envoy for Global Criminal Justice

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    Undersecretary of State Henryka Mościcka-Dendys meets with U.S. Special Envoy for Global Criminal Justice16/10/2024During the meeting between Deputy Minister Mościcka-Dendys and Ambassador Beth Van Schaack, which took place on October 16, the parties discussed mechanisms for holding accountable those guilty of violations of international law in connection with the conflict in Ukraine, as well as aspects of international criminal responsibility in relation to Belarus.

    The interlocutors emphasized the convergence of views and actions of Poland and the United States in the face of Russian aggression against Ukraine, expressing the belief that nations have the inalienable right to shape their own bones as they see fit. They shared information and exchanged views on the involvement of both countries in ongoing proceedings using existing legal institutions, such as national and international courts and tribunals. The interlocutors also raised the issue of the international community’s actions to establish new mechanisms. “Perpetrators of international crimes committed against Ukraine or on its territory, including war crimes and crimes of aggression, should be held accountable. This is a matter of the credibility of the international community, which is discussing today the establishment of a special tribunal on Ukraine,” emphasized Deputy Minister Mościcka-Dendys. She also pointed out that from Warsaw’s point of view, such trials are a necessary condition for achieving lasting peace. In turn, Ambassador Van Schaack stressed the importance of ensuring justice in the transitional period after the end of the conflict, which should be based on the principles of a democratic state of law and constitute a legitimizing element for Ukrainian authorities, both at the central and local level.

    Photos (4)

    MILES AXIS

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

    MIL Translation OSI

  • MIL-OSI USA: Casey, Colleagues Call on Biden Administration to Speed Up Enforcement of Iran Sanctions

    US Senate News:

    Source: United States Senator for Pennsylvania Bob Casey

    In letter, bipartisan group of Senators call out Administration for missing deadlines on Iran sanctions

    The missed deadlines were put in place by Casey’s Stop Harboring Iranian Petroleum Act, which cracks down on Iran’s petroleum trade

    Senators: “Due to the quantity of oil that Iran is able to trade and the subsequent profits, as well as their historical pattern of utilizing these funds to foster violence and chaos, it is vital that the United States take concrete action to disrupt their petroleum trade”

    Washington, D.C. – U.S. Senator Bob Casey (D-PA) joined his colleagues Kyrsten Sinema (I-AZ), Jacky Rosen (D-NV), Tammy Baldwin (D-WI), Chuck Grassley (R-IA), Eric Schmitt (R-MO), and John Hoeven (R-ND) in a letter urging the Administration to speed up enforcement of sanctions on Iran’s petroleum trade. The letter pointed out that the Administration has missed several deadlines put in place by the Stop Harboring Iranian Petroleum Act, which cracks down on foreign persons who knowingly engage in the petroleum trade with Iran.

    “Due to the quantity of oil that Iran is able to trade and the subsequent profits, as well as their historical pattern of utilizing these funds to foster violence and chaos, it is vital that the United States take concrete action to disrupt their petroleum trade. Therefore, we ask the administration to honor the reporting deadlines and enforcement requirements prescribed within the SHIP and Fight CRIME Acts,” wrote the Senators.

    On April 23, 2024, Senator Casey voted to pass an emergency supplemental spending law with legislative provisions to strengthen U.S. national security, including the Stop Harboring Iranian Petroleum (SHIP) Act and the Fight and Combat Rampant Iranian Missile Exports (Fight CRIME) Act. 

    The SHIP Act includes important provisions to sanction foreign persons that knowingly engage in the petroleum trade with the Islamic Republic of Iran, and the Fight CRIME Act restricts certain missile-related activities and transfers by Iran. The bills include a number of reporting deadlines and enforcement requirements for the Administration so that Congress can track efforts to deny Iran the resources and ability to engage in destabilizing activities, commit human rights violations, support international terrorism, and fund weapons development.

    Senator Casey has long pushed to protect American economic and national security by monitoring Iranian oil activity. Earlier this year, Casey cosponsored the bipartisan Iranian Sanctions Enforcement Act–legislation establishing a fund to cover expenses related to the seizure or forfeiture of property found in violation of sanctions imposed by the United States against Iran or a covered proxy of Iran, including Hamas, the Islamic Revolutionary Guard Corps’ Quds Force, the Palestinian Islamic Jihad, Hezbollah, the Houthis, and Iran-sponsored militias in Iraq and Syria. Additionally, after learning about potential Iranian oil transport on Panamanian vessels in violation of U.S. sanctions, Casey urged the Panamanian Maritime Authority (AMP) to investigate the hundreds of vessels of concern. Thanks to Casey’s advocacy, AMP launched investigations into all Panamanian ships suspected of transporting Iranian oil, de-flagged vessels that had no evidence of oil transport, and removed dozens of ships from its registry.  

    Read the full letter HERE or below:

    Dear Secretary Blinken, Secretary Yellen, Acting Director Palluconi, and Administrator DeCarolis:

    On April 23, 2024, Congress passed H.R. 815, an emergency supplemental appropriation for Fiscal Year (FY) 2024, that was signed into law by President Biden on April 24. The supplemental package included additional funding for Ukraine, Israel, the Indo-Pacific, and humanitarian assistance. The national security package also included legislation to strengthen U.S. national security, including the Stop Harboring Iranian Petroleum (SHIP) Act and the Fight and Combat Rampant Iranian Missile Exports (Fight CRIME) Act. The SHIP Act includes important provisions to sanction foreign persons that knowingly engage in the petroleum trade with the Islamic Republic of Iran, and the Fight CRIME Act restricts certain missile-related activities and transfers by Iran. The legislation includes a number of regulation publishing and reporting requirements from the administration in order for Congress to track efforts to deny Iran the resources and ability to engage in destabilizing activities, commit human rights violations, support international terrorism, and fund weapons development.

    For decades, there has been evidence that Iran has funded direct attacks on America and our allies. Since Hamas’ attack on Israel on October 7, 2023, Iran has only become more emboldened to act against democratic interests across the globe. To cite just two recent events, the International Atomic Energy Agency confirmed in its August 2024 report that Iran continues to increase its stockpile of enriched uranium, and on September 10, 2024, the Pentagon confirmed reports that Iran has transferred shipments of Fath 360 close-range ballistic missiles to Russia to support their continued aggression against Ukraine. Iran is able to further these disrupting activities due to profits from their oil trade.  According to United Against Nuclear Iran, a non-partisan watchdog organization that tracks Iranian oil shipment, Iran exported 1,626,866 barrels per day in August 2024.  Due to the quantity of oil that Iran is able to trade and the subsequent profits, as well as their historical pattern of utilizing these funds to foster violence and chaos, it is vital that the United States take concrete action to disrupt their petroleum trade. Therefore, we ask the administration to honor the reporting deadlines and enforcement requirements prescribed within the SHIP and Fight CRIME Acts that were included in H.R. 815, the emergency supplemental appropriations.

    To date, the administration has not met the following deadlines:

    • By July 23, 2024 (90 after enactment, and every 180 days thereafter), the Secretary of State shall provide a report that identifies Iranian persons utilizing an unmanned combat aerial vehicle against a United States citizen. P.L. 118-50, Div. K Sec.6(a)
    • By August 12, 2024 (10 days before regulation enactment), the President shall notify the appropriate Congressional committees of the proposed regulations to combat proliferation of Iranian missiles. P.L. 118-50, Div. K Sec. 5(f)(2)
    • By August 22, 2024 (120 days after enactment), the President shall promulgate regulations as necessary for the implementation of sanctions to combat proliferation of Iranian missiles. P.L. 118-50, Div. K Sec. 5(f)(1)
    • By August 22, 2024 (120 days after enactment, and annually thereafter), the Administrator of the Energy Information Administration shall submit a report describing Iran’s growing exports of petroleum and petroleum products, including their exports to the People’s Republic of China and the ships and ports involved in the oil sales. P.L. 118-50, Div. J Sec. 4(a)
    • By August 22, 2024 (120 days after enactment), the Secretary of State shall submit written strategy on the role of the People’s Republic of China’s role in evading U.S.-imposed sanctions on Iranian-origin petroleum products. P.L. 118-50, Div. J Sec. 5

    The following deadlines are upcoming within the next 30 days:

    • By October 11, 2024, (10 days before regulation enactment) the President shall notify and brief the appropriate Congressional Committees on the regulations to be established to implement the SHIP Act. P.L. 118-50, Div. J Sec. 3(e)(2)
    • By October 21, 2024 (180 days after enactment), the President shall prescribe necessary regulations to implement sanctions enforcement. P.L. 118-50, Div. J Sec. 3(e)(2)
    • On and after October 21, 2024 (180 days after enactment), the President shall impose sanctions on foreign persons determined to have knowingly engaged in the Iranian petroleum trade. P.L. 118-50, Div. J Sec. 3(a)

    Given the havoc Iran is wreaking in the Middle East and the wider region, this information is both timely and vital for Congress to carry out appropriate sanctions oversight and understand what greater legislative action is required to ensure Iran does not have the resources to harm the United States or our partners and allies. We look forward to these timely reports and enhanced understanding of the administration’s plan to counter Iranian oil trade and accessible revenue for their funding of terrorism. We ask that you honor the October deadlines and work to address the deadlines already missed in order to provide Congress with the relevant reports as quickly as possible.

    We further request that you provide our offices an update on your efforts and when to expect these reports no later than October 29, 2024. Thank you for your continued work and attention to this matter.

    MIL OSI USA News –

  • MIL-OSI Australia: New monitoring team for violations of UN sanctions on North Korea

    Source: Australian Government – Minister of Foreign Affairs

    Australia is joining international partners to strengthen efforts to hold North Korea to account for violations and evasions of UN Security Resolution sanctions.

    Australia, Canada, France, Germany, Italy, Japan, the Netherlands, the Republic of Korea, New Zealand, the United Kingdom and the United States have committed to establishing a member state-led Multilateral Sanctions Monitoring Team (MSMT) to monitor and highlight North Korea’s sanctions non-compliance.

    This follows Russia’s March veto of the renewal of the mandate of the Panel of Experts (PoE) under the Security Council Committee established pursuant to resolution 1718. The PoE was responsible for reporting on North Korea’s non-compliance with sanctions.

    Despite Russia’s obstruction, all North Korea-related UN Security Council resolutions remain in effect and all UN Member States are required to implement them.

    North Korea’s ongoing pursuit of weapons of mass destruction and their delivery systems undermines international non-proliferation efforts. Its actions are contrary to Australia’s interest in an open, stable, and prosperous Indo-Pacific.

    North Korea’s malicious cyber activities pose serious national security and economic risks and threaten the security and stability of the online environment.

    North Korea’s supply of arms and related materiel to Russia, in support of Russia’s illegal war against Ukraine, directly violates United Nations Security Council resolutions and increases the suffering of the Ukrainian people.

    Australia will continue to work with our partners to uphold international rules and norms and support global non-proliferation efforts to promote a safe and secure region and world.

    MIL OSI News –

  • MIL-Evening Report: Why China now wants to put some limits on its ‘no limits’ friendship with Russia

    Source: The Conversation (Au and NZ) – By Guangyi Pan, Teaching fellow, international politics, UNSW Sydney

    Just before Russia’s invasion of Ukraine, China announced to much fanfare a “no-limits friendship” with Russia, suggesting a future of close collaboration in trade, energy and, perhaps most importantly, security.

    Now, more than two years into the war, the meaning and interpretation of this “no-limits” commitment has evolved.

    There has been much debate in Chinese society in recent months about Beijing’s alignment with Moscow. While some have advocated for a more formal alliance with Russia, others have taken a more cautious stance.

    In sharp contrast to 2022, China’s growing wariness is increasingly being discussed in the open, even among those who were previously censored. In early 2022, for instance, a joint letter by six Chinese emeritus historians opposing Russia’s invasion was censored by the government. The scholars were also warned.

    Now, however, it appears the government is seeking to balance its relationships with both Russia and the West. Beijing may not want to be seen as a “decisive enabler” of the war.

    For example, the once-prominent “no-limits” friendship language quietly vanished from a Sino-Russian joint statement in May.

    And Beijing’s response to Russian President Vladimir Putin’s visit that month was notably subdued. Putin ingratiated himself with Xi, saying they were “as close as brothers”. Xi’s response was more perfunctory – he called Putin a “good friend and a good neighbour”.

    Scholars are also articulating their concerns about China’s political and economic investments in Russia, both publicly and privately.

    Shen Dingli, a leading scholar of Chinese security strategy at Fudan University in Shanghai, said China doesn’t want to be seen as collaborating with Russia against Ukraine or any other country.

    He also quoted Fu Cong, China’s former ambassador to the European Union, who said last year the “no-limits” [friendship] is “nothing but rhetoric”.

    And in August, after Putin referred to China as an “ally” during a visit to far-eastern Russia, Chinese scholars promptly sought to clarify this statement to prevent any misunderstanding China wants a formal alliance with Russia.

    These statements carry weight. In many respects, leading Chinese scholars at the government-affiliated universities act as propagandists to convey and justify the government’s stance on issues. As a result, subtle shifts in their commentary provide insights into the strategic mindset in Beijing.

    Why China is rethinking its ‘no-limits’ friendship?

    There are three elements driving this re-evaluation of the Russia-China alignment.

    First, there is growing scepticism of Russia’s state capacities. The mutiny by the Wagner Group last year and Ukraine’s recent incursion into Russia’s Kursk region have prompted critical reassessments in Beijing of Russia’s political stability and military preparedness, as well as the growing anti-war sentiment in Russia.

    As Feng Yujun, director of Fudan University’s Russia and Central Asia Study Centre, argued, the Wagner rebellion was a reflection of Russia’s internal conflicts and domestic security challenges. He noted every time Russia has faced both internal and external crises in history, its regimes have become less stable.

    More recently, Feng has been even bolder, predicting Russian defeat in Ukraine. He argued China should keep its distance from Moscow and resume a policy of “non-alignment, non-confrontation and non-partisanship”.

    Second, China’s sluggish economy and its underwhelming trade with Russia have further exposed how dependent both countries are on the West.

    While Russia-China trade reached a record US$240 billion (A$360 billion) in 2023, it has slowed so far this year, as Chinese financial institutions have sought to limit connections with Russia.

    The relationship still heavily favours Beijing. Russia accounts for only 4% of China’s trade, while China accounts for nearly 22% of Russia’s trade.

    Many Chinese experts are now warning against an over-dependence on Russia, instead calling for more cooperation with neighbouring countries. This echoes a recent concern Russia has been using its natural resources as a bargaining chip to extract greater benefits from China.

    Russia’s value as a military ally

    Finally, there are rising Chinese concerns its international outlook does not align with Russia’s.

    Zhao Long, deputy director of the Shanghai Institute of International Relations, says there is an important difference in how they view the world:

    Russia wants to destroy the current international system to build a new one. China wants to transform the current system by taking a more prominent place in it.

    Shi Yinhong, a strategist at Renmin University in Beijing, has highlighted an unbridgeable gap preventing a stronger China-Russia alliance. He says there’s a deep mutual mistrust on regional security. Russia has never promised support for China in the event of a conflict over Taiwan, just as China has avoided involvement in the war in Ukraine.

    As Russia’s war in Ukraine reaches a stalemate, its value as a military ally is increasingly being questioned in China.

    Recently, Feng Yujun warned China risks being led by the nose by Russia, despite being the stronger economic partner. He says every time China has attempted an alliance with Russia in history, it has had negative consequences for China.

    Consequently, it is crucial for China to maintain its long-term partnership with Russia without undermining its constructive relationship with the West.

    Russia has arguably benefited from the current competition between the US and China, as it has sought to exploit the rivalry for its own benefit. But this has also led to uncertainty in the China-Russia relationship.

    As another analyst, Ji Zhiye, argues, relying too heavily on Russia will leave China isolated and vulnerable. And this is not a position China wants to be in.

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

    – ref. Why China now wants to put some limits on its ‘no limits’ friendship with Russia – https://theconversation.com/why-china-now-wants-to-put-some-limits-on-its-no-limits-friendship-with-russia-238436

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI NGOs: Up to 21,000 people are dying each day from conflict-fuelled hunger around the world

    Source: Oxfam –

    On World Food Day, hunger has reached an all-time high exposing the flaws in global peacebuilding and conflict recovery efforts 

    Between 7,000 to as many as 21,000 people are likely dying each day from hunger in countries impacted by conflict, according to a new Oxfam report published on World Food Day.

    The report, Food Wars, examined 54 conflict-affected countries and found that they account for almost all of the 281.6 million people facing acute hunger today. Conflict has also been one of the main causes of forced displacement in these countries, which has globally reached a record level today of more than 117 million people.

    It argues that conflict is not only a primary driver of hunger, but that warring parties are also actively weaponizing food itself by deliberately targeting food, water and energy infrastructure and by blocking food aid. 

    “As conflict rages around the world, starvation has become a lethal weapon wielded by warring parties against international laws, causing an alarming rise in human deaths and suffering. That civilians continue to be subjected to such slow death in the 21st century, is a collective failure”.

    Emily Farr, Oxfam’s Food and Economic Security Lead

    Oxfam

    “As conflict rages around the world, starvation has become a lethal weapon wielded by warring parties against international laws, causing an alarming rise in human deaths and suffering. That civilians continue to be subjected to such slow death in the 21st century, is a collective failure”, says Emily Farr, Oxfam’s Food and Economic Security Lead. 

    “Today’s food crises are largely manufactured. Nearly half a million people in Gaza – where 83% of food aid needed is currently not reaching them – and over three quarters of a million in Sudan, are currently starving as the deadly impact of wars on food will likely be felt for generations.”

    The report also found that the majority of the countries studied (34 out of 54) are rich in natural resources, relying heavily on exporting raw products. For example, 95% of Sudan’s export earnings come from gold and livestock, 87% of South Sudan’s come from petroleum products, and nearly 70% of Burundi’s come from coffee.

    In Central America, meanwhile, mining operations have led to violent conflicts, uprooting people from their homes as they no longer become able to live in degraded and polluted environments.

    Oxfam argues that current peacebuilding and post-conflict reconstruction efforts are too often based on encouraging more foreign investment and export-related economies. However, this focus on economic liberalization can instead create more inequality, suffering and the potential for conflict to resume.

    “It is no coincidence that the lethal combination of war, displacement and hunger has often occurred in countries rich in natural resources. The exploitation of these raw commodities often means more violence, inequality, instability, and renewed conflict. Too often, large-scale private investment—both foreign and domestic —has also added to political and economic instabilities in these countries, where investors seize control over land and water resources forcing people out of their homes,” said Farr.

    Conflict often compounds other factors like climate shocks, economic instability and inequalities to devastate people’s livelihoods. For example, climate shocks like droughts and floods, coupled with the surge in global food prices associated with pandemic shut-downs and additional food-chain disruptions connected to the Russia-Ukraine war, have fueled the hunger crises in East and Southern Africa.

    Many of those fleeing are women and children. Aisha Ibrahim, age 37, told Oxfam that she had to walk four days with her four children, leaving their home in Sudan for Joda, across the border in South Sudan. She left her husband behind to protect their home. “I used to live in a proper home. I could never imagine myself in this situation,” she said.

    The international community’s pledge of “zero hunger” by 2030 remains out of touch. Oxfam says that states and institutions globally, including the UN Security Council, must hold to account those committing “starvation crimes” in accordance with international law.

    “To break the vicious cycle of food insecurity and conflict, global leaders must tackle head-on the conditions that breed conflict: the colonial legacies, injustices, human rights violations, and inequalities – rather than offering quick band-aid solutions.” 

    “We cannot end conflict by simply injecting foreign investments in conflict-torn countries, without uprooting the deep inequalities, generational grievances, and human rights violations that fuel those conflicts. Peace efforts must be coupled with investment in social protection, and social cohesion building. Economic solutions must prioritize fair trade and sustainable food systems,” said Farr.

    MIL OSI NGO –

  • MIL-OSI China: Large high-grade iron ore deposit found in east China

    Source: China State Council Information Office

    A high-grade iron ore deposit has been discovered in east China’s Shandong Province, with estimated reserves at 104 million tonnes.

    The Department of Natural Resources of Shandong Province has identified 16 high-grade iron ore bodies in the Qihe-Yucheng region.

    High-grade iron ore typically has a total iron content of over 45 percent — making it a strategic mineral resource in short supply in China.

    Hu Zhiyong, an official with the department, said the newly confirmed high-grade iron ore deposit is one of few in China, and is notable for its large distribution, considerable ore body thickness, high ore quality, and promising exploration potential.

    He emphasized the global imbalance in iron ore supply and demand, noting that major reserves are concentrated in countries such as the United States, Australia, Brazil, Russia and China. Despite having iron ore reserves, China faces a shortage of high-grade iron ore.

    The Qihe-Yucheng area, now poised to become a major high-grade iron ore base, is expected to alleviate some of the resource challenges facing China and improve the nation’s security in terms of iron ore supply, he added.

    As of 2022, a total of 173 kinds of minerals had been found in China, according to a report released by the Ministry of Natural Resources.

    MIL OSI China News –

  • MIL-OSI Australia: Interview with Steve Martin, Ballarat Breakfast, ABC Radio

    Source: Australian Treasurer

    STEVE MARTIN:

    It’s not often that I get to talk to the federal Treasurer, and it’s almost never that the federal Treasurer is sitting across from me in the studio. Jim Chalmers, good morning.

    JIM CHALMERS:

    Thanks for having me on your show, Steve.

    MARTIN:

    Why are you here?

    CHALMERS:

    I’m here because Catherine King invited me, and I go where Catherine King tells me to go. She’s a wonderful local member and Cabinet colleague. But more seriously, I wanted to be here to engage with some of the business leaders but also to spend some time at Ballarat High, which I’ll be doing later on this morning.

    But what we try and do as Cabinet Ministers is make sure that we govern for the whole place, and that means spending time in the wonderful regions of this country, including this beautiful region of yours in Ballarat and the South West.

    MARTIN:

    All right. What are you doing at Ballarat High School?

    CHALMERS:

    I’m going to speak to some of the students about the economy. This is one of the most enjoyable things I get to do as Treasurer. I’ve done a lot of it lately actually, because I like the sense that there’s a lot of intergenerational interest in what’s happening in the world. The world’s a difficult place right now. We’ve got a lot of important decisions to make about the future of our own country in that context, and I find knocking around with young people and taking some really often difficult, always smart, intelligent, well‑motivated questions is a really good thing to do when you’re in communities like this one.

    MARTIN:

    Okay. I want to stick with students at the moment, Jim Chalmers. What do they ask you? What do young people want to know about the economy, and are they, broadly speaking, engaged in that sort of part of the political debate?

    CHALMERS:

    More than they get credit for as a generation. People are incredibly engaged at that level. The main questions I get is what’s happening in the world – Russia, Ukraine, the Middle East – what’s happening closer to home in our own region – China and the US – so a lot of really top shelf questions about what’s happening in the world and where we fit.

    But from an economic point of view, like a lot of Australians, they want to know how are we going to get on top of these cost‑of‑living challenges that people are confronting right around the country, every generation, and in particular, housing. They are a big motivation for the tens of billions of dollars that we’re investing as a government in building more homes so that they can find it easier to find somewhere to rent or buy when the time comes.

    MARTIN:

    Is it right that you’re also going to be having a look at some of the properties involved in the First Home Guarantee while you’re in Ballarat? Is that part of your visit?

    CHALMERS:

    That was in prospect, but not on this occasion. I’m looking forward to doing that, but not on this occasion.

    MARTIN:

    Okay. Cost of living does come up endlessly at the moment because things are tough. Do you think that you have made a difference?

    CHALMERS:

    Definitely –

    MARTIN:

    – in what way –

    CHALMERS:

    – but in saying that, I don’t pretend that the fight against inflation is over. I know that people are still doing it tough even at the same time as inflation by some measures has more than halved since we came to office. But I do understand that for people who are under the pump, they don’t want to be told necessarily that everything is fine when it’s not.

    People are still doing it tough. That’s why the tax cuts are so important, the energy bill relief, cheaper early childhood education, cheaper medicines, rent assistance, getting wages moving again. Really our highest priority as a government has been to try and provide that cost‑of‑living help in the most substantial and meaningful way that we can, but also in the most responsible way that we can, which means doing that as well as, not instead of, delivering those couple of surpluses that we’ve been able to deliver at the same time.

    MARTIN:

    I wonder, with the surplus, I recall when that was announced, and generally that would be considered to be good news politically, but to quote Twitter –

    CHALMERS:

    That’s a dangerous practice, Steve.

    MARTIN:

    I know. I realise that, but the most common response it seems on Twitter is, ‘You can’t eat a surplus.’ So while people think that’s great at one end things are happening, but at the business end for most of us it’s not filtering through.

    CHALMERS:

    I’m really grateful you raised that, because we don’t see a surplus as an end in itself either. The fact that we’ve been able to deliver back‑to‑back surpluses for the first time in almost 2 decades in this country is not an end in itself, it’s how we make room to provide all of that cost‑of‑living relief that I just ran through. It’s how we make sure we avoid paying too much interest on all that debt we inherited from our predecessors.

    Also in the context where the global economy is really uncertain, we want to get the budget in much better nick as a bit of a buffer against that global economic uncertainty, because if things do turn down then we want to have more room to respond if we need to. So those are the reasons for the surplus.

    I say to those people who raise that issue that you’ve raised from social media, but I get it out and about in communities like this one, if we were choosing between a surplus or cost‑of‑living help, I would understand that. But we’ve found a way, because of our responsible economic management, to deliver surpluses and cost‑of‑living help, and we think that’s a good thing.

    MARTIN:

    All right. On the SMS Bea has sent this through. As I say, ‘Morning, Steve. Would you ask Jim Chalmers, please, how can we justify $360 billion on a few submarines and $600 million on a PNG rugby league team but struggle to find money to increase mental health services to adequately address demand?’

    CHALMERS:

    Thank you, Bea, for the question and for listening. I think in every budget you’ve got to find room for all of those things. There is mental health funding, of course, in the Budget. There is national security and defence funding. We are interested in investing in our region, particularly when you’ve got all of this global uncertainty, conflict around the world and economic uncertainty around the world, including closer to home. Some of those investments I know, Bea, can be contentious but we think we’ve broadly struck the right balance – huge investments in health at the same time as we invest in our national defence and national security.

    MARTIN:

    All right. I want to ask you about an item in the news today, Treasurer, and that is a crackdown on subscription traps and hidden fees. What’s happening there? What’s the plan from the government?

    CHALMERS:

    We want to crack down on dodgy deals so that we can save Australians money if we can and where we can. Most businesses do the right thing and they’ve got nothing to worry about, but there are these traps which we’re seeing more and more of, whether it’s making it hard to cancel a subscription, different fees at different stages of a purchase, when the price goes up while you’re actually making the transaction, requiring consumers to provide more information than is necessary to buy something, when it’s hard for you to contact the person or the business that’s selling you a good or a service.

    There are a bunch of dodgy practices that we are worried about and we want to crack down on them and so we are looking to ban unfair trading practices, and that’s the announcement that we’re making today.

    MARTIN:

    Okay. So that is with Australian Consumer Law?

    CHALMERS:

    Absolutely. We’ll do some consultation, as we always do, but look to bed it down at the beginning or the first half of next year. We get a lot of feedback about this, Steve. I’m sure you do as well on your SMS line and out and about. A lot of people, for good reason they do a lot of shopping online or in other ways, and there’s just been these practices which have sprung up which we think go too far. We don’t want people to be taken for mugs. We don’t want to see these dodgy business practices, and so we’re going to crack down on them.

    MARTIN:

    So that will come into effect next year, after the next federal election effectively?

    CHALMERS:

    We’ve said the first half of 2025, and we’ll do it as soon as we can. But what we’d like to do is we want to make sure there are no unintended consequences and the like, and so we’ll do a little bit of consultation, but we’ve said today that we’re going to ban unfair trading practices, and we’ll spend the next month or 2 consulting on the best way to go about it.

    MARTIN:

    Twelve minutes to the next news at 8. We’re talking with federal Treasurer Jim Chalmers. I did say earlier this morning, I had a text from Jamie Vogels, who’s a Corangamite Shire Councillor, and this is in relation to the transition of dairy country to blue gum timber land and the practices of the Foreign Investment Review Board when they look at this.

    Now, Jamie Vogels’ question to you directly, Treasurer, is: why aren’t we allowed to know the conditions placed by the Foreign Investment Review Board on the $200 million foreign investment by Munich RE into blue gum plantations that’s replacing that dairy country in Simpson and the Heytesbury? It’s causing economic and job losses, from Jamie Vogels. So why can’t a community know what the Foreign Investment Review Board has and does look at, or is that information publicly available? Because that group sounds like they can’t find out why the decision was made to allow this to happen?

    CHALMERS:

    First of all, thanks to Councillor Vogels for raising it. I know this is an issue, and in that very important part of our national economy there’s a lot of economic opportunity. The dairy industry is important to us and the timber industry is important to us as well, and we’ve got to strike the right balance.

    When it comes to the Foreign Investment Review Board process, we try and be as transparent as we can about the process. But often the fine details for – whether it’s commercial in confidence or other kinds of reasons – often those are kept confidential. So I’ll have another look at that case, I’m confident that we would have provided all of the information that we can. I’m not anticipating that we can provide additional information, but if we can after I have another look, then I’ll do that.

    MARTIN:

    The community concern, though, Treasurer, is that you’ve got prime agricultural land, not just for dairy; it could be used for other things. You have farm workers, you have houses, you have all sorts of activity going on. And when the trees come in, as much as they are needed, in this sort of land where smaller holdings are more common, you’re losing a community because the trees go in and there’s not nearly as many people moving around. Is that social effect on an area looked at by the FIRB?

    CHALMERS:

    It looks at the broader national interest and to be up front with you, typically the focus is more on, national security concerns or concerns around concentration or concerns about one company or another dominating a certain market, and so there are a range of considerations, including the ones that you raise. But primarily, typically, the advice that comes to me, including in this case, the Department of Agriculture was consulted and didn’t raise any issues with this particular transaction, we cast a pretty broad net, but typically the advice is more about managing risks in areas like critical minerals, critical infrastructure, critical data.

    MARTIN:

    Just finally on this, the member for Wannon did ask for a moratorium on additional land being purchased for expansion of the timber industry until some of the concerns raised in the petition he tabled are addressed. Will you consider that, or is the government even looking at that for a moment?

    CHALMERS:

    I think the Agriculture Minister, Julie Collins, is a wonderful colleague of ours. She looks at these sorts of issues all of the time. We know that there are contentious issues in farming communities and we know as our economy changes and demand for different goods change over time that often difficult issues like this pop up. So Julie Collins, being the diligent minister that she is, would have these sorts of considerations in front of her from time to time.

    MARTIN:

    All right. Just on other more general things, I notice that a number of banks are factoring in a rate cut for December. What’s your take on that?

    CHALMERS:

    I try not to pre‑empt decisions taken independently by the independent Reserve Bank. Treasurers of both political persuasions don’t get into the guessing game about future movements in rates.

    My job is to focus on being helpful in the fight against inflation and we have been. Australia’s made really quite considerable progress when it comes to getting on top of the inflation challenge in our economy, less than half what we inherited on the monthly gauge and that’s a good thing.

    But the Reserve Bank will weigh that up, they’ll weigh up what’s happening in the labour market, what’s happening around the world, and they’ll come to a decision independently in due course.

    MARTIN:

    In Queensland, right. I do wonder, just finally, Treasurer, we’ve been through 30‑odd years of pretty good economic times. It started with Hawke and Keating, continued with Howard and Costello, and then, I guess, governments that have followed haven’t been able or as willing to do as much as those 2 governments did all those years ago. That set us up pretty well. There are older people who say we are back to normal, that the current settings we have are more normal. The long‑term interest rate is 7.4 per cent over – I looked this up yesterday, between ’69 and 2004, that’s the long‑term average interest rate in Australia. So has the community got their expectations too high?

    CHALMERS:

    I wouldn’t say that. I wouldn’t blame the community for that. If you think about that longer sweep of history, yes, Hawke and Keating did a remarkable job setting this place up for 3 decades of economic expansion, absolutely outstanding contribution, history‑making contribution.

    If you think about really since the global financial crisis, we’ve had about 15 years of economic upheaval. The global financial crisis in ’08–09, obviously we had COVID, the war in Ukraine sent supply chains basically haywire around the world, and so we’ve had these 3 shocks in 15 years. And so governments of both persuasions, including this one, have been doing their best to manage the here and now – in our case inflation – at the same time as we invest in the future and that’s why our Future Made in Australia agenda, our housing agenda, energy transformation, skills and human capital are so important.

    But what we need to do and what we are doing is working out what does the next generation of prosperity look like. And it won’t be the same as the one that Bob and Paul set up so skilfully in the 1980s. It’s possible to admire their contribution and recognise ours will be different.

    For us the big thing that we’ll be judged on is nailing this energy transformation. That’s the big economic reform opportunity for our generation. And that’s why we call the 2020s the defining decade in the way that the 1980s were, because the situation calls for a new economy, leveraging all of those traditional strengths that we’ve had and will continue to have into the future, but building new strengths in energy, human capital, technology, services and the like.

    MARTIN:

    All right. I was going to let you go, but since you’ve mentioned the energy transformation, one last quick topic: what do you say to communities in this part of the world that are bearing the brunt of that energy transformation, with transmission lines, with wind farms, with very large‑scale change over a very short period of time to communities that are feeling completely and utterly overwhelmed by circumstances beyond their control?

    CHALMERS:

    We are listening to you. We know that the best version of this energy transformation, which is the opportunity of a lifetime for Australia, including for the regions, requires us to take communities along with us. We understand that.

    MARTIN:

    Well, you’re failing at that, because they’re not coming along with those that are pushing this through.

    CHALMERS:

    We can always do better. And even in the most recent Budget I funded, I think $20 million from memory, for better consultation with local communities because we see this as an opportunity for local communities, including regional communities. We need to make sure that we are listening and bringing people along with us. If we can do a better job of that, we will.

    MARTIN:

    Jim Chalmers, thanks for your time.

    CHALMERS:

    Thanks so much, Steve.

    MIL OSI News –

  • MIL-OSI Russia: NSU School Olympiad in Physics “Your Path to Real Science” was included in the list of the Russian Council of School Olympiads

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    The school physics Olympiad “Your Path to Real Science”, organized by Novosibirsk State University together with the Siberian Branch of the Russian Academy of Sciences, was included in the list of the Russian Council of School Olympiads. The corresponding order was published on the website of the Ministry of Education and Science last week. The expert commission on physics highly appreciated the level, novelty, originality, complexity and creative nature of this Olympiad. Inclusion in the list significantly increases the status of the Olympiad, which will allow the winners and prize-winners of these competitions to receive additional privileges when entering leading universities in Russia, including NSU. The university plans to expand its geography, increase the number of in-person venues in other regions and the number of participants.

    — There is the All-Russian School Olympiad, which stands apart, outside of any levels or categories. It allows you to apply without entrance examinations. However, there are about 25-30 winners and prize-winners of this Physics Olympiad in the entire country. At the same time, there are many more gifted schoolchildren, talented applicants who know physics or want to study it, they need to be identified and invited to further study physics at the university. Our Olympiad allows us to solve this problem, — says Evgeny Zhdanov, senior lecturer at the Department of General Physics Physics Department of NSU, member of the jury of the Olympiad “Your Path to Real Science”.

    The significant benefits for schoolchildren that the Olympiad provides may vary from university to university. At the NSU Physics Department, any prize place in this Olympiad will be equivalent to 100 points in the Unified State Exam in Physics, while for an applicant it will be enough to confirm their qualification at the level of 75 points.

    The Olympiad “Your Path to Real Science” has been held since 2019, but is a continuation of the long-standing traditions of entrance examinations at NSU. In addition to the standard genre of original text problems in physics, which are present in almost every Olympiad, the Olympiad “Your Path to Real Science” contains such unique genre problems as an assessment problem and a demonstration problem.

    An assessment task is a task in which no numerical values are specified, and the student must independently select a physical model describing the phenomenon specified in the task, select the necessary numerical values and obtain a numerical result that must correspond to reality. A demonstration task is a task in which students are shown a vivid physical phenomenon described in simple “everyman” language, and the student must explain the observed phenomenon by translating it into “physical” language. This requires participants to be able to apply theoretical knowledge to describe real phenomena and processes. Such a skill in such a “concentrated” form is very rarely tested by Olympiads, even those that include an experimental round. Creating demonstration tasks requires extensive experience and high qualifications of the authors. Such a demonstration was previously held at entrance exams to NSU at several (two or three) sites. For each site, it was necessary to prepare special equipment, as well as assistants capable of competently conducting such a demonstration. With the development of the Olympiad movement, the number of venues increased significantly, which significantly narrowed the range of phenomena that could be demonstrated in this way at such a large number of venues simultaneously. In order to preserve the unique genre of the demonstration task, a solution was found to record video demonstration, which can then be shown on any platform using a projector or even a laptop. This technology has made it possible, among other things, to show fast-moving events that require slow motion for better perception.

    Thus, the Olympiad “Your Path to Real Science” differs from the classical ones primarily in the types of problems that are aimed at revealing physical intuition.

    — A child may not always have sufficient knowledge of physics, but have a good idea of how natural phenomena work. Therefore, he or she can score high marks at the Olympiad and, based on the results, enter a university. This is how we identify and attract talented children, — emphasizes Evgeny.

    Current scientists from SB RAS institutes participate in both compiling problems and checking the results of the Olympiad. The 2024 methodological commission includes teachers with many years of experience, including members of the Russian Academy of Sciences and doctors of physical and mathematical sciences.

    The Olympiad is held in two stages – the qualifying and the final. The qualifying stage is also divided into two – in-person, which will take place on December 1; and remote, lasting a week, while the tasks do not repeat those that were in the in-person stage. The winners and prize-winners of the qualifying round go to the final stage, which will be in March. Important: the winners and prize-winners of the current year’s Olympiad, who are not in the graduating class, are invited to the final stage next year immediately, without going through the selection. You can find out how to participate in the Olympiad on its official website.

    Inclusion in the list of RSOSh will allow NSU to expand the geography of the Olympiad and increase the number of participants. Thus, last year there were more than 450. Also, the NSU Physics Faculty plans to conclude agreements with new sites and hold the final stage not only in Novosibirsk, but also in other cities.

    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.nsu.ru/n/media/nevs/education/school-olympiad-nsu-in-physics-your-path-to-real-science-included-in-the-list-of-russian-owl/

    MIL OSI Russia News –

  • MIL-OSI Russia: RUMTS offers a free advanced training program

    MILES AXLE Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    The Resource Educational and Methodological Center for the Training of Disabled People and People with Limited Health Capabilities of the State University of Management invites the administrative, managerial, teaching and educational support staff of the university to undergo training in a free advanced training program “Organizational, managerial and organizational and methodological foundations of inclusive higher education” of 72 academic hours.

    The form of study is correspondence with the use of distance learning technologies. The program will be held from 11/18/2024 to 12/08/2024. Upon successful completion of the program, students will be issued certificates of advanced training of the established form.

    To organize training, you must register on the website of the RUC GUU or via a direct link by November 10, 2024.

    Contact person: Olga Anatolyevna Kharlamova, coordinator of the RMC GUU, director of the Scientific Library of the GUU Museum and Library Complex, phone: 7 (495) 377-77-88 ext. 36-81, e-mail: oa_harlamova@guu.ru

    Subscribe to the tg channel “Our State University” Announcement date: 10/16/2024

    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.

    RUMTS offers a free advanced training program

    MIL OSI Russia News –

  • MIL-OSI Security: Secretary General praises Latvia for its contributions to NATO

    Source: NATO

    On Wednesday (16 October 2024), at his official residence in Brussels, NATO Secretary General Mark Rutte met with the Prime Minister of Latvia, Evika Siliņa, to discuss further strengthening NATO’s defences and NATO’s continued support to Ukraine.

    Mr. Rutte praised Latvia for its many contributions to the Alliance. “You spend almost 3 percent of GDP on defence, you host a multinational battlegroup where Allies work side by side to defend NATO’s eastern flank, as well as military exercises to ensure that Latvian and Allied armed forces maintain a high level of readiness and interoperability,” said Mr Rutte at the joint press conference with Prime Minister Siliņa. He referred to Latvia’s commitment to increase defence spending to 3 percent of GDP and noted Riga’s ambition to reach this goal even sooner than expected. Mr. Rutte also commended Latvia for its contributions to NATO’s peacekeeping mission in Kosovo and NATO’s training mission in Iraq.

    On Russia’s war of aggression against Ukraine, the Secretary General reiterated that “we must deliver on the commitments we made at the Washington Summit,” noting that Russia has relentlessly attacked Ukraine’s critical energy infrastructure with winter just around the corner. He recalled that “Latvia has provided extensive military training for Ukrainian soldiers” and leads a coalition that works with industry to supply drones.  “I welcome your recent announcement of a new military aid package, including armoured personnel vehicles,” added Mr. Rutte.

    MIL Security OSI –

  • MIL-OSI China: China ready to join Russia, Mongolia for deeper trilateral cooperation

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

    ISLAMABAD, Oct. 16 — Chinese Premier Li Qiang said here Wednesday that China is ready to work with Russia and Mongolia to further enhance mutual trust, strengthen coordination and promote deeper and more practical trilateral cooperation to better benefit the people of the three countries.

    Li made the remarks when meeting with Russian Prime Minister Mikhail Mishustin and Mongolian Prime Minister Luvsannamsrai Oyun-Erdene on the sidelines of the 23rd Meeting of the Council of Heads of Government of Member States of the Shanghai Cooperation Organization.

    MIL OSI China News –

  • MIL-OSI China: China willing to work with Russia to strengthen strategic coordination — Premier Li

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

    China willing to work with Russia to strengthen strategic coordination — Premier Li

    ISLAMABAD, Oct. 16 — Chinese Premier Li Qiang said here on Wednesday that China is willing to work with Russia to strengthen strategic coordination, expand mutually beneficial cooperation and make due contributions to the development and revitalization of the two countries and the prosperity and stability of the world.

    Li made the remarks during his meeting with Russian Prime Minister Mikhail Mishustin on the sidelines of the 23rd Meeting of the Council of Heads of Government of Member States of the Shanghai Cooperation Organization.

    MIL OSI China News –

  • MIL-OSI Russia: Polytechnicians at the Far Eastern Mathematical Festival

    MILES AXLE Translation. Region: Russian Federation –

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

    In early October, a delegation from Peter the Great St. Petersburg Polytechnic University visited the Far Eastern Mathematics Festival, organized by the Khabarovsk branch of the scientific and educational mathematical center “Far Eastern Center for Mathematical Research” at the Pacific National University (PNU).

    The delegation included Acting Director of the Institute of Physics and Mechanics of SPbPU, Professor Alexey Filimonov; Director of the Higher School of Mechanics and Control Processes, Corresponding Member of the Russian Academy of Sciences Alexander Belyaev; Professor of the Higher School of Artificial Intelligence Technologies Vladimir Zaborovsky and Professor of the Higher School of Social Sciences Dmitry Kuznetsov.

    The festival was opened by the discussion “Prospects in Trends of Science and Technology”. Dmitry Kuznetsov presented a report “History and Philosophy of Development of Domestic Mathematical Science”. Vladimir Zaborovsky covered current issues of intellectualization of computing technologies, their physical and information aspects in his speech. The event of the first day of the festival was concluded by the report of Alexander Belyaev “High-frequency dynamics – the missing link in the evolution of dynamics”.

    The next day, the Polytechnics took part in the XXII All-Russian Scientific Conference “Physics: Fundamental and Applied Research, Education”. The range of topics discussed covered theoretical physics and computational mathematics, condensed matter physics, physical materials science, general and technical physics, optics, and physics education. Dmitry Kuznetsov gave a report “Augustin Betancourt and Physics Education in Russia in the First Quarter of the 19th Century”, and Alexey Filimonov’s open lecture was devoted to the natural size effect in III-nitride heterocontacts. The speaker considered issues relevant to the technology of creating semiconductor devices, such as the nature of the chaotic potential in heterocontacts of semiconductor structures induced by the electrostatic field of dislocations, under conditions of localization of a two-dimensional electron gas in the near-contact region.

    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/partnership/polytechnics-at-the-Far-Eastern-mathematical-festival/

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 16.10.2024, 11-08 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A100YQ0 (Rosnft2P9) were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/16/2024 11:08

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC), on 16.10.2024, 11-08 (Moscow time), the values of the upper limit of the price corridor (up to 86.72) and the range of market risk assessment (up to 927.7 rubles, equivalent to a rate of 11.25%) of the security RU000A100YQ0 (Rosnft2P9) were changed

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

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

    http://www.moex.com/n74025

    MIL OSI Russia News –

  • MIL-OSI Russia: On the main staircase with an orchestra! Polytech launched musical changes

    MILES AXLE Translation. Region: Russian Federation –

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

    Now, in the Polytechnic University, a pop-symphony orchestra plays during breaks between classes! On October 15, the “Musical Break” project was launched at our university. The university’s creative teams will take turns turning the main staircase of the Main Building into a concert hall.

    If the music that greets you at the entrance to the main building is already a familiar thing, then the sound of the orchestra on the main staircase is a surprise even for the Polytechnicians. For all 20 minutes of the big break, the Variety and Symphony Orchestra of SPbPU riveted the students’ attention. Recognizable classics and favorite rock hits, glowing smartphone screens and wide smiles on faces – the musical break at the Polytechnic was a sensation.

    This is great! What kind of orchestra is this? Bravo! Our classmates are playing! How is this possible?! — came from everywhere.

    The musicians, led by Dmitry Misyura, symbolically placed themselves between the busts of the university’s founder S. Yu. Witte and its first director A. G. Gagarin. Witte believed that educating an engineer without humanitarian training was immoral and destructive for the country. Gagarin founded the university’s first symphony orchestra. Thanks to the support of rector Andrei Rudskoy, today our musical group not only continues traditions, but also writes new history.

    “It is great that in the year of the 125th anniversary of the Polytechnic University, the implementation of the concept of developing the university as a cultural territory has begun. “Musical Change” is an important project,” says Boris Kondin, Head of the Directorate of Cultural Programs and Youth Creativity. “Only the Polytechnic University, the only technical university in Russia, implements the tasks of educating students through classical music. Only the Polytechnic University, the only university in the world, organizes “Creative Semesters” for first-year students. No university except the Polytechnic University greets students with classical music from loudspeakers, no university except the Polytechnic University has musical changes.”

    Throughout the first semester (Tuesdays and Thursdays, at 11.40 and 1.40 p.m.), the orchestra, theaters, choirs, vocal and dance studios will take turns putting on unique performances on the main staircase of the Main Building.

    “The idea of “Musical Change” could not help but be born. After all, there are so many creative student groups at the Polytechnic,” notes Dmitry Misyura, artistic director of the Student Club and conductor of the Variety and Symphony Orchestra. “The guys, of course, perform in concerts, go on tour, participate in festivals. But this format, at home, is the most interesting. It is a demonstration of the capabilities and talents among their own. Polytechnicians playing for Polytechnicians! All this is a pleasant surprise, creates a mood and makes you proud of the culture at the Polytechnic.”

    Photo archive

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    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.spbstu.ru/media/nevs/culture/on-the-main-staircase-with-orchestra-polytech-launched-musical-changes/

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 16.10.2024, 11-25 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A101MG4 (RossetB1R2) security were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/16/2024 11:25

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 16.10.2024, 11-25 (Moscow time), the values of the upper limit of the price corridor (up to 97.67) and the range of market risk assessment (up to 1019.83 rubles, equivalent to a rate of 7.5%) of the security RU000A101MG4 (RossetB1R2) were changed

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

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

    https://www.moex.com/n74027

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft held regional GTO competitions for the first time

    MILES AXLE Translation. Region: Russian Federation –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft organized for the first time regional competitions to pass the standards of the All-Russian physical culture and sports complex “Ready for Labor and Defense” (GTO).

    The competition, which took place in Tyumen, was attended by 180 amateur athletes from 17 subsidiaries of the Company. The geography of the participants covered 6 regions of Rosneft’s presence: Tyumen Oblast, Khanty-Mansiysk Autonomous Okrug-Yugra, Yamalo-Nenets Autonomous Okrug, Sakha Republic, Udmurt Republic and Irkutsk Oblast.

    Supporting mass sports in the regions of its operations is one of Rosneft’s key priorities. The Company’s athletes take part in all major mass sports competitions held in our country and win prizes. Rosneft supports amateur sports and carries out large-scale work to popularize a healthy lifestyle among both its employees and the population in the regions of its operations.

    Over the course of two days, participants demonstrated their strength, agility and endurance by passing GTO standards in 13 disciplines, including 50m swimming, short and long distance running, kettlebell snatch, long jump, bends, pull-ups, push-ups and shooting.

    87 oil industry athletes passed the GTO standards for the first time this year. The oldest participant in the competition was 62 years old at the time of the competition.

    In addition, the event included competitions in functional all-around. On the first day of the competition, teams of three people overcame 6 tests: rowing, push-ups, jumping on a box, long jump, squats and throwing a ball into a basket. On the second day, athletes competed for victory in the game “Sniper” and a mixed relay race over different distances.

    The award ceremony was attended by the Ambassador of the All-Russian Physical Culture and Health Complex “Ready for Labor and Defense” in the Tyumen Region, Honored Master of Sports of Russia Natalia Proskuryakova. The winners of the competition were awarded diplomas, cups and certificates.

    Rosneft is holding GTO competitions for the second year in a row, which are attracting more and more employees of the Company. This year, about 800 employees representing 71 subsidiaries and the central management office of the Company took part in the competitions in Moscow.

    Reference:

    The development of the sports movement is one of Rosneft’s key priorities. For active support and systematic work to popularize the GTO complex, in 2023 Rosneft became the winner of the Champion award, established by the Roscongress Foundation’s sports platform RK-Sport and the Reputation educational forum.

    The All-Russian Physical Culture and Sports Complex “Ready for Labor and Defense” (GTO) is a full-fledged program and regulatory framework for the physical education of the country’s population, aimed at developing mass sports and improving the health of the nation. The GTO complex provides for preparation for the implementation and direct implementation by the population of various age groups (from 6 to 70 years and older) of established regulatory requirements for three difficulty levels corresponding to the gold, silver and bronze badges of distinction “Ready for Labor and Defense” (GTO).

    Department of Information and Advertising of PJSC NK Rosneft October 16, 2024

    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.rosneft.ru/press/nevs/item/220919/

    MIL OSI Russia News –