Category: Russian Federation

  • MIL-OSI Economics: Governor Olli Rehn: Old and new frontiers of the ESRB: Systemic risk, non-banks and data analysis

    Source: Bank of Finland

    Olli Rehn, First Vice-Chair of the European Systemic Risk Board
    Keynote speech at the 8th ESRB annual conference ‘New Frontiers in Macroprudential Policy’, Frankfurt, 27 September 2024

    Old and new frontiers of the ESRB: Systemic risk, non-banks and data analysis

    Ladies and Gentlemen, Dear Friends,

    Good morning everyone!

    May I also welcome you all and thank the secretariat for putting together an impressive programme for this ESRB flagship event.

    Today, I would like to reflect on the role of the ESRB and its mandate regarding financial stability and macroprudential policy in the EU.

    Slide 2: The ESRB’s track record & new frontiers

    I will discuss three interlinked issues. Firstly, the ESRB at 15, an adolescent, with a solid record. Secondly, key starting points for the forthcoming ESRB review. And thirdly, new frontiers, especially dealing with non-banks and better use of data and analysis.

    Let’s look at where we have come from. Since the global financial crisis, major efforts have been made to ensure financial stability in the EU and globally through better regulation and supervision. I think it is indeed fair to say that financial stability has risen forcefully up the agenda of central banks, not least as it provides essential support for the central banks’ primary goal of price stability.

    In recent years, financial systems and financial stability measures have been subject to real-life stress tests, with the global economy being hit by a series of major shocks over just a short period of time. Primarily, that is, the COVID-19 pandemic, Russia’s illegal, brutal war in Ukraine, the surge in inflation and the sharp rise in interest rates.

    In my view, the financial systems in the EU and elsewhere have withstood these shocks rather well. The Basel Committee on Banking Supervision points out that the strong resilience has been largely thanks to the tightened capital and liquidity requirements for banks.

    Slide 3: Sturdy capital buffers provide banking resilience

    True, the capital ratios of European banks have roughly doubled since the global financial crisis. The increased capital buffers have been – and will continue to be – necessary in the current operating environment, which is filled with geopolitical and other uncertainties.

    I would add that the active use of macroprudential policy has further supported the resilience of the financial system in Europe.

    As part of its mandate, the ESRB assesses systemic risks in the EU, and, where appropriate, issues warnings and recommendations.

    Slide 4: Key risks for EU financial stability

    In our recent systemic risk assessment, we conclude that while disinflation in the EU is on track, financial stability risks remain elevated amid heightened geopolitical risks and the still fragile recovery of the EU economy. In the latest ECB projection, growth outlook was revised down, and the risks to the growth outlook are tilted to the downside.

    In particular, we have to be aware of both the direct and indirect impacts of current geopolitical risks on the EU financial system. Geopolitical events may directly impact financial markets by increasing volatility, affecting capital flows, exchange rates, and credit spreads. Indirectly, they can disrupt global trade and increase commodity prices, challenging households and businesses in the EU.

    In the financial markets, the risk appetite has been unusually strong, especially in the context of high macro-financial uncertainty. The abrupt, albeit short-lived, market correction in early August showed how sensitive this can be. If repeated, the vulnerabilities in the non-bank sector could amplify adverse market dynamics.

    Moreover, vulnerabilities in the banking sector could resurface, especially if the first two risks were to materialise. This would increase credit risks and tighten funding conditions at the same time.

    In any case, it continues to be essential to maintain the resilience of the EU financial system. Ensuring adequate resilience and effective but flexible regulation is one building block in promoting European competitiveness, along the lines of the recent report by Mario Draghi. As part of the efforts for more investment and higher productivity, it is crucial to advance the savings and investment union – or the ex-capital market union – and to complete the banking union.

    Slide 5: ESRB’s members reflect on its future – ATC survey

    Fifteen years ago, the global financial crisis revealed weaknesses in EU banking supervision. It was clear that major changes to financial supervision were necessary to help prevent and mitigate future crises.

    Thus, Commission President José Manuel Barroso set up an independent High Level Group on Financial Supervision in the EU to make recommendations on strengthening European supervisory arrangements, covering all financial sectors.

    The High Level Group, chaired by Jacques de Larosière, was given a very broad mandate and very little time. In only three months, the Group delivered an important and insightful report. It provided the basis not only for establishing the ESRB but the whole European System of Financial Supervision, including the European Supervisory Authorities.

    One of the key conclusions of the report was that regulators and supervisors had not sufficiently focused on “the macro-systemic risks of a contagion of correlated horizontal shocks”. As a policy response, de Larosière proposed establishing the ESRB (or the European Systemic Risk Council as he then called it).

    As a member of the European Commission at that time, I had the privilege of being present at the ESRB’s creation, specifically by preparing with my team the legislative proposals for setting up the ESRB, while my dear colleague Michel Barnier introduced the legislation for the European System of Financial Supervision. The legislative process was swift. The General Board of the ESRB held its inaugural meeting in the Eurotower in January 2011.

    Given the constantly evolving environment, it is necessary to review the mandate and workings of the ESRB from time to time. The Commission is now tasked – for the second time – with reporting to the European Parliament and to the Council on the review of the ESRB.

    While the ESRB will not take a formal position on its founding regulation, it believes it is important that the legislator has the opportunity to benefit from the experience of those who have been deeply involved in the work of the ESRB. For this purpose, the ESRB has set up a High Level Group to (i) identify which adjustments to the mission or framework of the ESRB might be required and to (ii) provide its insights to the EU co-legislators before the review process. I have the honour of chairing the Group.

    Let me give you an interim snapshot of the key issues in the review.

    First, as part of the High Level Group’s work we have been seeking feedback more broadly from the ESRB membership by way of a survey among the members of the Advisory Technical Committee on how the ESRB has succeeded in its core tasks over the years. We have also sought to explore whether the current operating model of the ESRB is fit for purpose and how the ESRB and its tasks should be renewed and developed as the financial system evolves.

    The feedback received from the members of the ATC has been most valuable. It indicates that the current model and mandate of the ESRB do not need a complete overhaul but rather some targeted adjustment.

    The work done by the ESRB over the years is considered especially valuable with regard to the definition of macroprudential policies and the development of a comprehensive framework for macroprudential policies in Europe, particularly in the banking sector.

    And this work has had a significant impact: the ESRB, through its determined efforts, has helped to pre-emptively identify and mitigate the build-up of systemic risks in Europe.

    Going forward, the ESRB could, in my view, play an even stronger role in the holistic analysis of systemic risks within the EU. The ESRB has a unique ability to examine cross-sectoral, cross-border and interlinked risks – and the truly systemic dimension of these risks.

    The ESRB is also in an excellent position to work with academia and international organisations. A particular advantage for the ESRB is that the European Supervisory Authorities (the EBA, ESMA and EIOPA) participate in our work and provide their own perspectives. It is crucial that their expertise will continue to support the work of the ESRB.

    Leading on from this, I would like to call for deeper collaboration at the EU level on country risk analysis. Given the macroprudential mandate of the ESRB, there is scope for capitalizing on the ESRB’s analytical work in the EU’s Macroeconomic Imbalance Procedure.

    In particular, the ESRB has been developing the concept of macroprudential policy stance to analyse the way in which national authorities are using macroprudential tools to mitigate the systemic risks to which their financial sector is exposed. A deepening of EU collaboration in this field would contribute to strengthening economic stability in a particular Member State and/or the EU in its entirety.

    The feedback we received also highlighted that, in its systemic risk assessment, the ESRB should be able to incorporate a range of new emerging risks and vulnerabilities. Several members underlined the need to better understand systemic risks related to the non-bank financial institutions (NBFIs). Other increasingly relevant risks include climate change, AI and cybersecurity.

    The ESRB has already engaged in risk monitoring and analysis of the non-bank sector and has identified many structural vulnerabilities that require our attention. But more work is needed to better understand the systemic risks of the non-bank sector in the same depth as those for the banks. This is important not only for financial stability, but also for ensuring a solid basis for the saving and investment union.

    Let me underline the critical importance of data – access to data, better use of data – in the analysis of non-banks. To understand the systemic risks related to NBFIs, we simply need better data to be able to identify and map the vulnerabilities and interconnections. Only once that’s done, we will be able to capitalize on more advanced methods, such as system wide stress-testing, to locate the vulnerabilities in the system.

    Our future challenges include not only the complexity of the evolving financial system, but also the increased speed of its operations. Due to digitalisation, financial operations are becoming ever faster. It will be even more important that the ESRB is able to perform risk analysis and policy evaluations in a timely manner.

    Dear Friends,

    Slide 6: Three priorities in the way we work

    Before concluding, I’d like to highlight three priorities for the way we work in the coming years that I find critical for the ESRB. We should:

    1. Enhance our analytical capacity by making better use of data and research.
    2. Bring into use new analysis methods and technologies.
    3. Focus on our core activities.

    Let me just elaborate on these a little more.

    Slide 7: Analysis based on data and research – a key priority

    1. Active development of data analytics and research-driven analysis is nothing new at the ESRB as such.

    But I firmly believe that the importance of analysis which is based on data and research cannot be overemphasized in our times, where disinformation is being used as a weapon. In today’s world, there is a great risk that genuine information will be crowded out.

    Data is the gold or oil of our digital world today – it is a valuable resource and a necessary basis for high-level analysis. Following the global financial crisis, the reporting requirements for financial operators were increased. Financial supervisors and central banks consequently also have a duty to use the new data effectively and efficiently.

    The challenge for the ESRB is that not all relevant data are readily available to it. The rules governing the ESRB’s access to data can be broadly divided into two types:

    • ex ante access, whereby the ESRB has access to data on a regular, ongoing basis, as soon as it is reported. We already benefit from quite a few datasets under this framework, which is well aligned with our mandate and tasks.
    • ex post access, through ad hoc requests, which take time to process. For some important datasets we have only ex post access. This includes granular datasets collected by the ESAs.

    While cooperation regarding data sharing between the ESAs and the ESRB has been excellent, the ex post framework has inherent limitations that hamper the ESRB’s ability to continuously monitor and mitigate risks to financial stability.

    For this reason, the ESRB sent a letter last month to European co-legislators, urging them to broaden the ESRB’s access to information from supervisors, so that the data can be shared with the ESRB by default.

    This is extremely important for the ESRB to be able to effectively fulfil its mandate in assessing the systemic risks and to promptly react in instances of projected instability.

    As the volume of data increases, we must also invest in new high-level analysis methods. Modern methods of risk assessment make use of advanced tools and technologies, such as AI and machine learning, which enable better forecasting and analysis. With these technologies, it is possible to process large amounts of data.

    Finally, to focus on our core activities has been rightly underlined both by the other High Level Group members and in the ESRB member feedback. We should, in my view too, focus on our core activities even in the midst of various crises. We cannot be experts in everything, and nor do we need to be. The added value that we bring as an organisation should focus on the area where we are the best experts: systemic level risk analysis of the financial system.

    Our added value should always come from a deep understanding of vulnerabilities and interconnections in the financial system and of the various factors that get amplified when shocks hit the system.

    Dear Friends,

    Let me now conclude.

    In the grand scheme of things, financial stability fundamentally depends on the geopolitical and macroeconomic context. The best service for EU financial stability now is to maintain European unity and firmly support Ukraine in the face of Russia’s threat.

    Furthermore, it is crucial to strengthen the structural foundations of the European economy, by focusing policy actions on productivity growth and industrial competitiveness, while retaining the European model of social inclusion.

    On its part, the European Systemic Risk Board, together with the ESAs, the SSM, the FSAs and the central banks, continues to play a strong role in safeguarding the stability of the EU financial system. Our work will focus on the evolving systemic risk and will be based on comprehensive data and research, high-quality analysis and wide-ranging cooperation between different authorities.

    I look forward to continuing to work with you towards this immensely important goal of maintaining financial stability in Europe.

    Thank you for your kind attention!

    Presentation (PDF)

    Olli Rehn ESRB financial stability speech

    MIL OSI Economics

  • MIL-OSI China: Russia’s nuclear doctrine changes ‘signal’ Western states

    Source: China State Council Information Office 3

    File photo taken on Dec. 19, 2019 shows Kremlin spokesman Dmitry Peskov at Russian President Vladimir Putin’s annual press conference in Moscow, Russia. [Photo/Xinhua]

    Any potential changes to Russia’s nuclear doctrine will serve as a warning to Western countries, local media reported Thursday, citing Kremlin spokesman Dmitry Peskov.

    During a Security Council meeting on nuclear deterrence Wednesday, Russian President Vladimir Putin said that the country reserves the right to use nuclear weapons in the event of aggression.

    “This is a signal that serves as a warning to these countries about the consequences of engaging in an attack on our country through various means, not necessarily nuclear,” Peskov said.

    Peskov added that Russia’s nuclear deterrence policies are currently being adjusted to reflect the increasing tensions along the country’s borders.

    MIL OSI China News

  • MIL-OSI Russia: We invite you to the II Eurasian Marketing Conference “Marketing of Economic Growth”

    MILES AXLE Translation. Region: Russian Federation –

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

    The State University of Management invites you to take part in the II Eurasian Marketing Conference “Marketing of Economic Growth”, which will be held on November 29-30, 2024 at the State University of Management.

    The aim of the conference is to discuss the impact of marketing on economic growth in the context of destabilization of political, market and social processes.

    The topics of the plenary discussion cover the main areas:

    — The role of Russian marketing in overcoming the negative impact of economic sanctions; — Marketing technologies for developing vacant market niches; — Successes and problems of using digital technologies to accelerate sales; — Reasons for the slow development of B2B marketing; — Acceleration of the implementation of high-tech solutions to achieve import independence based on marketing models, technologies and tools; — New industries and areas of activity for marketers.

    The conference will include the following sections:

    Section 1. Marketing in Greater Eurasia: experience and trends; Section 2. Marketing of innovative products: conquering market niches; Section 3. Development of industrial marketing; Section 4. New digital marketing solutions; Section 5. Loyalty and gamification in marketing; Section 6. Personalization in marketing: finding relevant buyers; Section 7. Marketing technologies in retail and marketplaces; Section 8. Design and capitalization of sustainable brands; Section 9. Development of advertising and PR technologies.

    Conference format: mixed. Participation in the conference is free. To participate in the conference, you must register before October 15, 2024.

    The conference articles will be published in a collection and submitted to the Russian Science Citation Index. The best articles will be published in a monograph by decision of the organizing committee. Details and particulars in the information letter.

    All additional information can be found in the information letter or on the official website of the conference.

    II EURASIAN MARKETING CONFERENCE

    Subscribe to the tg channel “Our State University” Announcement date: 09/27/2024

    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.

    We invite you to the II Eurasian Marketing Conference “Marketing of Economic Growth”

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

    MIL OSI Russia News

  • MIL-OSI Europe: ECB Consumer Expectations Survey results – August 2024

    Source: European Central Bank

    27 September 2024

    Compared with July 2024:

    • median consumer inflation perceptions over the previous 12 months and consumer inflation expectations for the next 12 months both declined, as did median inflation expectations for three years ahead;
    • expectations for nominal income growth over the next 12 months increased, while expectations for spending growth over the next 12 months remained unchanged;
    • expectations for economic growth over the next 12 months became less negative, while the expected unemployment rate in 12 months’ time decreased;
    • expectations for growth in the price of homes over the next 12 months increased slightly, while expectations for mortgage interest rates 12 months ahead remained unchanged.

    Inflation

    The median rate of perceived inflation over the previous 12 months declined further in August to 3.9%, from 4.1% in July. Perceptions of past inflation have thus declined by 4.5 percentage points since their peak of 8.4% in September 2023. Meanwhile, inflation expectations at the one-year and three-year horizons remained below the perceived past inflation rate. Median expectations for inflation over the next 12 months edged down to 2.7%, from 2.8% previously, and stood at their lowest level since September 2021. Median expectations for inflation three years ahead edged down by 0.1 percentage points in August to 2.3%, back to their June level. Uncertainty about inflation expectations over the next 12 months remained unchanged at its lowest level since February 2022, when Russia invaded Ukraine. While the broad evolution of inflation perceptions and expectations remained relatively closely aligned across income groups, expectations for lower income quintiles were slightly above those for higher income quintiles. Younger respondents (aged 18-34) continued to report lower inflation perceptions and expectations than older respondents (those aged 35-54 and 55-70). (Inflation results)

    Income and consumption

    Consumer nominal income growth expectations increased to 1.2%, from 1.1% in June. The increase in income expectations was mainly driven by the lowest two quintiles. Perceptions of nominal spending growth over the previous 12 months decreased further to 5.2%, from 5.4% in July and 5.8% in June. The latest datapoint continues a sustained decline which started in March 2023. Expectations for nominal spending growth over the next 12 months remained stable at 3.2%. Nominal spending expectations are at their lowest level since February 2022, when Russia invaded Ukraine. (Income and consumption results)

    Economic growth and labour market

    Economic growth expectations for the next 12 months became less negative, standing at -0.9%, compared with -1.0% in July. Meanwhile, expectations for the unemployment rate 12 months ahead decreased to 10.4%, from 10.6% in July, their lowest level since the start of the series. Consumers continued to expect the future unemployment rate to be only slightly higher than the perceived current unemployment rate (10.0%), implying a broadly stable labour market. The lowest income quintile continued to report the highest expected and perceived unemployment rate, as well as the lowest economic growth expectations. (Economic growth and labour market results)

    Housing and credit access

    In August consumers expected the price of their home to increase by 2.7% over the next 12 months, which was slightly higher than in July (2.6%). Households in the lowest income quintile continued to expect higher growth in house prices than those in the highest income quintile (3.2% and 2.5% respectively). Expectations for mortgage interest rates 12 months ahead remained stable at 4.8%. As in previous months, the lowest income households expected the highest mortgage interest rates 12 months ahead (5.5%). The net percentage of households reporting a tightening (relative to those reporting an easing) in access to credit over the previous 12 months increased marginally, as did the net percentage of those expecting a tightening over the next 12 months. Nevertheless, both indicators remained close to levels last seen in the second quarter of 2022. (Housing and credit access results)

    The release of the CES results for September is scheduled for 25 October 2024.

    For media queries, please contact: Eszter Miltényi-Torstensson, Tel: +49 171 769 5305

    Notes

    MIL OSI Europe News

  • MIL-OSI Russia: Polytechnic University took part in the large-scale forum “Microelectronics 2024”

    MILES AXLE Translation. Region: Russian Federation –

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

    The forum “Microelectronics” was held for the tenth time on the federal territory “Sirius”. A key information event in the world of electronic technologies. During its existence, this platform has become one of the most important events of the professional community, thanks to business and scientific programs. The plenary session of the forum was attended by the director of the Institute of Computer Science and Cybersecurity of SPbPU Dmitry Zegzhda.

    Welcoming the forum participants, Russian President Vladimir Putin noted: The electronics industry is one of the key, strategic sectors of the modern economy. The defense capability and security of our country, its industrial and scientific potential, the state of infrastructure, the financial sector, and the quality of life of citizens largely depend on its development.

    At the plenary session dedicated to trusted software and hardware complexes and ECB for critical information infrastructure facilities, information security issues were also discussed. The report “Promising methods of research and assessment of cyber resilience of trusted hardware and software systems for critical information infrastructure facilities” was presented by the director of the SPbPU ISC Dmitry Zegzhda.

    Dmitry Petrovich outlined the paradigm according to which, in his opinion, cyber-resilience of microelectronics should develop: The requirements of trust [there] are more stringent than the requirements of reliability; microelectronics should not only function without failures and be resistant to cyber-influences, but, most importantly, its reaction to external signals should be predictable.

    The key goal of the Microelectronics forum is a comprehensive solution to current issues of development, production and application of domestic electronic component base and highly integrated electronic modules, as well as promoting the development of domestic microelectronics.

    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/science_and_innovations/polytech-became-participant-of-the-large-scale-forum-microelectronics-2024/

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

    MIL OSI Russia News

  • MIL-Evening Report: Shigeru Ishiba will be Japan’s next prime minister. What should we expect?

    Source: The Conversation (Au and NZ) – By Sebastian Maslow, Associate professor, University of Tokyo

    In a vote to replace Fumio Kishia as head of Japan’s ruling Liberal Democratic Party (LDP), party members have elected Shigeru Ishiba as their new leader. Given the LDP’s majority in parliament, the party leader will become prime minister by default.

    Ishiba, aged 67, joined the parliament in 1986 and held key cabinet posts throughout his career, including director of then Defence Agency (now Ministry of Defence).

    Amid growing public opposition to the LDP, in 1993 he left the party, only to return four years later. The move cost him the trust of many of his LDP colleagues, many of whom still consider him a traitor.

    Ishiba has run five times for the LDP’s top position and frequently opposed former prime minister Shinzo Abe’s policies. Though unpopular among the LDP’s top members, Ishiba has nourished broad support among the LDP’s base. In today’s race, he won over Sanae Takaichi, a close ally of Abe and the face of the LDP’s revisionist brand of conservatism.

    Ishiba, who has his constituency in rural Tottori, has pledged to revitalise economic growth through supporting local regions. A defence expert, he is an outspoken advocate of stronger security relations with the United States and a more robust military.

    What does this tell us about Japanese politics?

    The election was one of the most contentious in recent political history and came after Kishida announced he would not seek re-election as LDP leader when his three-year term ends this month.

    Kishida’s tenure as prime minister has been marred by political scandals, leading to a sharp decline in public support for the cabinet.

    In particular, the revelation of the LDP’s links to the Unification Church following the assassination of Abe in 2022 and recent reports of LDP slush funds have undermined voter confidence in the party.

    In an effort to restore public confidence, Kishida promoted the dissolution of the LDP’s factions, which had served as the party’s main internal mechanisms for mobilising support and financial resources and allocating government portfolios since its founding in 1955.

    At the same time, the factions were seen as the main source of the LDP’s scandals.

    In a logic of “numbers are power”, the factions mobilised internal support for either their own leader or the faction’s ally to become prime minister.

    By challenging the LDP’s old power structures, Kishida’s re-election prospects diminished. However, with the disappearance of most of the LDP’s factions, internal power politics has become competitive.

    As a result, an unprecedented nine candidates vied for the party’s leadership.

    Will politics change much?

    The LDP’s constitution stipulates that in the first round of voting, the votes of each of the 368 members of parliament are added to the 368 votes allocated proportionally to rank-and-file members.

    The top two candidates then go through to a second round, where the 368 National Diet members cast their votes, while each of the 47 prefectural branches gets one vote.

    This means candidates who are popular with the LDP’s base have a good chance of surviving the first round, while only those who are popular with the party’s Diet members will ultimately win the race.

    The exception to this pattern is when the party’s national elite is so unpopular that its Diet members make a strategic move to support a locally popular candidate in an appeal to the public to reform the LDP and thus avoid punishment at the polls.

    This was the case when Junichiro Koizumi was elected LDP leader in 2001 after campaigning against his own party, which was embroiled in a series of scandals, while securing the support of the grassroots.

    With a runoff between the top two contenders seen as the most likely scenario early on, the candidates have been courting the support of the LDP’s old guard and faction leaders, hoping for their influence in mobilising the votes of LDP Diet members.

    Ishiba has remained highly unpopular among LDP Diet members. LDP Vice-President Taro Aso and others have pledged to support his rival Sanae Takaichi.

    Takakichi herself has promised not to further investigate the party’s slush funds or to punish members linked to them. While Ishiba has been critical of the LDP’s initial response, he has remained silent on the issue during his campaign in order to avoid further alienating the party’s Diet members.

    The LDP’s internal politics have come under intense public scrutiny. With the LDP’s internal power structures destabilised, fears of a return to revolving-door governments have resurfaced. The party operates in crisis mode.

    Selecting Ishiba has increased its chances to compete in the next general election and thus keep the LDP in power. How Ishiba can secure enough support from within the LDP to implement his policies while responding to the public’s expectations to hold the party accountable for its past scandals, however, remains to been.

    If he fails to deliver on the latter, his tenure may be short-lived too.

    What happens now?

    The Diet will convene on Tuesday and LDP members will elect Ishiba as the new prime minister, who will then announce her new cabinet and LDP leadership.

    If the past serves as lesson, Ishiba will dissolve the lower house soon after the supplementary budget is passed. This would set Japan on track for general elections later this year.

    Faced with a fragmented opposition, it remains to be seen whether his policies alone will be enough to secure public support. A critique of “Abenomics” (Shinzo Abe’s economic approach), Ishiba is considered being in favour of fiscal discipline.

    Meanwhile, he has also called for more public works spending to reduce Japan’s growing inequality while revitalising the depopulated regions.

    Ishiba has also been critical about Kishida’s return to nuclear power, calling for more investment in regenerative energy.

    In addition, he has expressed support for legalising same-sex marriage and separate surnames – though broadly supported by the public, both issues are controversial among the LDP’s conservative base.

    Promoting a more active and equal role of Japan in its alliance with the US, Ishiba most recently advocated for expanding security cooperation to an Asian version of NATO. Moreover, he has called for more diplomatic efforts to engage China and Russia instead of relying on military pressure.

    At the same time he has repeatedly called for a robust military posture to counter China’s rise and North Korea’s military actions.

    What Ishiba means for relations with South Korea – a key legacy of Kishida – or for handling a potential Donald Trump White House, however, remains to be seen. His pledge for a more active Japan certainly resonates well with Trump.

    What is clear is that the LDP, operating in crisis mode, has voted for a leader who is willing to change the party and to restore the public’s trust in government.

    Sebastian Maslow 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. Shigeru Ishiba will be Japan’s next prime minister. What should we expect? – https://theconversation.com/shigeru-ishiba-will-be-japans-next-prime-minister-what-should-we-expect-239314

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: “Science in Faces” in Novosibirsk: Heroes Among Us

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    On October 1, the Novosibirsk State University will open the exhibition “Science in Faces” – a gallery of portraits of outstanding Russian scientists, engineers, authors of innovative developments, and laureates of the Russian Presidential Prize in Science and Innovation for Young Scientists.

    In 2024, the heroine of the Science in Faces project was a graduate Faculty of Natural Sciences of NSU, head of the gene immunotherapy group at the M.M. Shemyakin and Yu.A. Ovchinnikov Institute of Bioorganic Chemistry, Irina Alekseenko is the developer of a non-viral gene therapy drug for the treatment of cancer.

    The drug for the treatment of solid tumors, developed by Irina Alekseenko’s team, was the first in Russia to receive permission to conduct a clinical trial. The first phase of the study involved patients for whom traditional treatment methods had been exhausted, with a number of patients showing positive dynamics and stabilization of the disease, and none of the patients had serious adverse events associated with the drug.

    Irina Alekseenko will talk about the development and research during the events scientific and production forum of NSU “Golden Valley”, which will take place October 31-November 1. She will be a speaker in the section “Medicine and Pharmaceutical Industry” and will also hold a meeting with university students.

    Among the heroes of the exhibition are also young Novosibirsk scientists: Ekaterina Grizanova, PhD in Biology, leading research fellow at the Novosibirsk State Agrarian University; Sergey Pavlushin, PhD in Biology, senior research fellow at the Laboratory of Ecological Physiology at the Institute of Animal Taxonomy and Ecology of the Siberian Branch of the Russian Academy of Sciences, who have been awarded the Russian Presidential Prize in different years; and Sergey Adonin, Doctor of Chemical Sciences, leading research fellow at the A.V. Nikolaev Institute of Inorganic Chemistry of the Siberian Branch of the Russian Academy of Sciences.

    The exhibition “Science in Faces” will be available for visiting in the educational building (1 Pirogova St.), in the lobby of the second floor until November 1. The exposition will include portraits of participants in all three seasons of the project – authors of innovative developments and scientific achievements in the field of medicine and biotechnology, IT technologies, transport, metallurgy, space industry, mining and petrochemistry, agriculture, nuclear industry and others. In particular, the heroes of the third season were the authors of a bioprinter for “growing” tissues from cellular material, units of spacecraft of the federal project “SPHERE”, domestic AURUS cars, the Russian neural network Kandinsky, catalysts for petrochemistry and other developments.

    In the fall of 2024, the Science in Faces exhibition will be presented at the sites of the largest Russian universities in the country’s regions, and in a number of universities, the project’s heroes will give live lectures and talk about their scientific achievements, the development of Russian science, and career prospects for young scientists in various fields.

    Portraits of key representatives of Russian science and technology sector can be seen in universities of Novosibirsk, Kazan, St. Petersburg, Arkhangelsk, Vladivostok, Nizhny Novgorod, Perm, Tyumen, Ufa, Samara, Berdyansk. In November, the exhibition will be presented at the IV Congress of Young Scientists on the federal territory “Sirius”.

    The exhibition “Science in Faces” is part of the “Science Nearby” initiative of the Decade of Science and Technology, declared by the Decree of the President of the Russian Federation. The exhibition is held with the grant support of the Ministry of Science and Higher Education of the Russian Federation and with the support of the Coordinating Council for Youth Affairs in the Scientific and Educational Spheres of the Council under the President of the Russian Federation for Science and Education. The project partner is SIBUR.

    Information about the project heroes is available on the Decade of Science and Technology website:https://science.rf.

    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.nsu.ru/n/media/nevs/atmosphere/science-in-faces-in-Novosibirsk-heroes-among-us/

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

    MIL OSI Russia News

  • MIL-OSI Russia: Kindness is simple! The seventh inter-university “School of Volunteers” has opened

    MILES AXLE Translation. Region: Russian Federation –

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

    Every autumn the team

    The welcoming speech was given by the Deputy Chairman of the Committee on Youth Policy and Interaction with Public Organizations Oleg Polischuk, Vice-Rector for Youth Policy and Communication Technologies Maxim Pasholikov, Director of the Humanitarian Institute Natalia Chicherina and Director of the Harmony Center Tatyana Nam.

    “School of Volunteers-2024” united active students into a single community of like-minded people. From September 18 to 20, there was an intensive course with thematic days “Kindness. Opportunities”, “Kindness. Skills” and “Kindness. Directions”.

    The first day was devoted to the skills that a volunteer develops. Leadership, team building, communication, self-control and time management — these skills help in life, creativity and work. Maria Kukushkina, head of the educational and project art laboratory “ArtPoliLab”, showed how a team is formed through joint games, dances and creative tasks.

    The meeting continued with a mini-lecture on social design from Maxim Smirnov, Deputy Director of the Dobro.Center “Harmony” of the Polytechnic University. Maxim told how to turn your dream into a goal and create your own social project, assemble a team for it and effectively organize work using agile methods.

    The evening ended with a presentation on time management from copywriter and fundraiser of the Dobro.Center “Harmony”, student of the Humanitarian Institute Vasilisa Sallinen. The speaker introduced the participants to the functionality of the WEEEK task manager and talked about how to effectively manage your time.

    The second day was called “Dobro.Napravleniya” and was dedicated to those areas of volunteering that are actively developing at the Polytechnic University. On this day, participants learned about creative, event and zoo volunteering, as well as volunteering in the emergency sector.

    First, there was a presentation on cultural and creative volunteering from the curator of the PoliNova author’s club, first-year student Maria Guner. She introduced future volunteers to creative master classes, charity exhibitions, auctions and concerts of the Dobro.Center. After that, the guys painted two canvases with oil paints together, which they will then finish together with a member of the Union of Artists of Russia Alexander Dudorov and send to an exhibition in hospitals as part of the mutual aid campaign

    From year to year, we try to make the “Volunteer School” more useful and interesting. This year, the idea was for the participants not only to learn something new about volunteering and practice different functions, but also to help in the “here and now” format. The guys painted pictures for exhibitions in hospitals, sewed soft toys, prepared publications, took photographs. So already at this stage they can feel how their deeds bring good, – noted Maxim Smirnov.

    The second speaker was Maxim Degterev, team leader of the volunteer event direction. He spoke about the most striking and large-scale events. And then he explained how to build relationships in a team and determine the most suitable place for yourself in the team.

    At the end of the second day, the participants were treated to two lectures and presentations on animal volunteering and volunteering in emergency situations. From the curator of the animal volunteer direction, Angelina Zinchenko, the participants learned how to help animals and how this is implemented in the Dobro.Center of the Polytechnic University. First aid instructors Tatyana Plekhanova and Violetta Lee spoke about volunteering in emergency situations. After the presentation, the girls held a master class.

    On the third day, the children had a lecture on social volunteering from the curator of the direction, Anna Pushchina. They learned how and what they can help, and also got acquainted with the basic rules of working in social homes. Anna and the activists held a master class on creating felt hearts for a basket of goodness. All of them will go to social institutions.

    Anastasia Savina, specialist of the Laboratory of Applied Psychology of the Humanitarian Institute, curator of the school of self-development

    Maxim Smirnov and the curator of the media volunteer direction Anastasia Kalinina told about the direction of volunteering hidden from the eyes of most – media volunteering. Then Maxim and Anastasia held a master class on creating texts and posters for social networks.

    A student of the Humanitarian Institute, Elizaveta Kruppa, shared her experience. She went from being a media volunteer at Dobro.Center to an experienced communications specialist. She is the organizer of the international communications award Proba Awards 2023.

    When I started doing media volunteering, I didn’t even suspect that it would become such an important step in my career. Media volunteering helped me develop professional skills and build communications with people more easily. Now I am a successful communications professional, and it all started with that small step I took as a volunteer. Thank you to everyone who supported me on this path and helped me grow! — shared her experience media volunteer and student of the Humanitarian Institute Elizaveta Kruppa.

    Then the kids had a fascinating lecture from the team leaders of the Dobro.Center “Harmony” Anastasia Shkolyanok and Maxim Degterev about the possibilities of volunteering. Forums, scholarships, training, travel – these are only some of the opportunities that the kids talked about.

    At the final of the Volunteer School, Tatyana Nam, Director of the Dobro.Center “Harmony” of SPbPU, gave a presentation and presented to the students her original project “Ecosystem of Volunteering at the University” with 15 areas of volunteering. She shared her experience of various social projects and told how important it is to do good, and not to cause it.

    Participants of the inter-university volunteer school were awarded certificates and gifts from our partners – the museum “In Silence” and the quest room “Vzaperti”.

    It was an unforgettable experience! We met the team of the Polytechnic University Dobro.Center, learned about their activities and the skills that we can develop through volunteering. The realization that by helping others we improve ourselves is very inspiring and motivating! We managed to learn that volunteering not only brings benefits, but also opens doors to new opportunities – it’s amazing! Travel, training, scholarships – all this makes volunteer work even more attractive. I realized that this is not just an activity, but a whole life perspective! – said a student of the Institute of Industrial Management, Economics and Trade Diana Zaydullina.

    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.spbstu.ru/media/nevs/student_life/good-it-just-opened-the-seventh-interuniversity-school-of-volunteers/

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

    MIL OSI Russia News

  • MIL-OSI Russia: Alexander Novak met with the Executive Vice President, Vice President for Economy, Minister of People’s Power for Oil of Venezuela Delcy Rodriguez

    MILES AXLE Translation. Region: Russian Federation –

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

    Previous news Next news

    Alexander Novak met with the Executive Vice President, Vice President for Economy, Minister of People’s Power for Oil of Venezuela Delcy Rodriguez

    Deputy Prime Minister of the Russian Federation Alexander Novak held a meeting with the Executive Vice President, Vice President for Economy, and Minister of People’s Power for Oil of Venezuela Delcy Rodriguez on the sidelines of the international forum “Russian Energy Week”.

    “Venezuela remains a reliable partner and ally of Russia in Latin America and in the world as a whole. The strategic nature of our relations is based on a mutual desire to build a more just polycentric world order, coincidence of positions on most issues on the global agenda, mutually beneficial cooperation in the trade and economic, credit and financial, investment, cultural and humanitarian spheres,” the Deputy Prime Minister noted.

    The parties discussed cooperation in the oil and gas sectors, including coordination of positions within the Gas Exporting Countries Forum and OPEC, terms of equipment supply for industrial projects in the Venezuelan fuel and energy complex, as well as prospects for implementing joint projects in the non-energy applications of nuclear technologies to solve problems in medicine, agriculture, education and industry as part of expanding cooperation in the peaceful use of nuclear energy. The meeting participants touched upon the topic of promoting trade with settlements in national currencies and issues of financial and credit relations.

    The Deputy Prime Minister emphasized the positive trend in bilateral trade, the volume of which has grown by almost 50% over the past six years. In January-July of this year, Russian-Venezuelan trade turnover increased by 80% compared to the same period last year. The volume of tourist flow from Russia to Margarita Island also increased over this period to 12 thousand people.

    Alexander Novak invited a delegation from Venezuela to participate as guests of honor in the International Export Forum “Made in Russia”, which will be held on October 14, 2024 in Moscow.

    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/52815/

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

    MIL OSI Russia News

  • MIL-OSI Russia: The second summit of Slavic universities took place at the Polytechnic University

    MILES AXLE Translation. Region: Russian Federation –

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

    On September 26, the Polytechnic University hosted the second summit of Slavic universities “Slavic Horizon-2024”. The event was organized by the Administration of the President of the Russian Federation, the Ministry of Science and Higher Education of the Russian Federation and Peter the Great St. Petersburg Polytechnic University.

    The summit was attended by delegations from four Slavic universities: Russian-Armenian, Belarusian-Russian, Kyrgyz-Russian and Russian-Tajik, as well as representatives of Russian universities involved in the project.

    The plenary session was opened by the Vice-Rector for Educational Activities of SPbPU Lyudmila Pankova: It was not for nothing that we called the event a discussion platform, we discuss all aspects of education – from teaching methods to interaction with employers. Collaboration with the second summit of Slavic universities “Slavic Horizon-2024” will allow us to expand the boundaries and transfer the best educational practices.

    Dean of the Physics and Technology Faculty of Tomsk State University Yulia Ryzhikh presented in her report a new image of the higher education system using the TSU case as an example.

    Today, the system of higher education in the Russian Federation is undergoing significant changes. And it is very important to understand in what context we should build further cooperation in order to ensure the quality of the educational process, – emphasized Yulia Nikolaevna.

    Svetlana Barabantseva, Head of the Department for Working with Young Talents at Severstal, and Zoya Makarovskaya, Chairperson of the Union of Higher Education Methodologists, also spoke.

    Vice-Rector for International Affairs of SPbPU Dmitry Arsenyev opened the topic of the global presence of Russian education in the world space and presented in his report the approaches and tools that the Polytechnic University is implementing.

    At the session “Expanding the Russian Presence in the Global World,” colleagues from Slavic universities spoke about their experience of educational cooperation with Russian universities.

    We have been meeting for the second year at the Saint Petersburg Polytechnic University, which is our strategic partner in the development of educational, scientific and educational processes. The presence of such a platform gives us the opportunity to communicate with the management of other Russian universities, with the administration and our curators from the Polytechnic University, to develop common points of view, to form platforms and, in general, a common view on the development of Slavic universities, – believes Natalia Vologina, Vice-Rector for Academic Affairs at BRU.

    Vice-Rector for International and Scientific-Innovative Activities of KRSU Viktor Denisenko noted the steps towards modernization in the educational process that were taken with the participation of the Polytechnic this year.

    Director of the Center for Social and Cultural Adaptation and Intercultural Communication of the Russian Language Institute of RUDN University Maria Alimova spoke about joint work in the field of support and promotion of the Russian language with Slavic universities, events and programs being implemented.

    Vice-Rector for Academic Affairs of RAU Marina Khachatryan shared her experience in implementing educational programs with Russian universities, including the Polytechnic University.

    The international experience of educational cooperation was presented by the consortium “Russian-African Network University” represented by the Deputy Director of the International Cooperation Department of SPbPU and Secretary of RAFU Alla Mazina.

    At the summit, SPbPU and KRSU signed an agreement on nine network educational programs in the following areas: infocommunication technologies and communication systems, electronics and nanoelectronics, instrument making, electric power engineering, mechanics, architectural environment design, software engineering, construction, and technosphere safety.

    The main thing in the “Slavic Universities” project is to support our partners in developing a development program based on the experience of the Polytechnic University, in focusing on its acceleration, so that they become leaders in their countries, models of quality education, noted Dmitry Arsenyev.

    The business part of the day ended with a seminar for heads of development programs, where each university presented the current status of their implementation.

    The Slavic Summit is a unique format that was created a year ago and has proven to be very effective. “Slavic Universities”, each in its own country, with its own specifics, are united by a common task set by the relevant ministries and leaders of the countries. In solving these tasks, they face similar problems. The summit provides an opportunity for an open discussion that helps find solutions to common problems, share unique specifics and national characteristics, understand what mechanisms can work, and how to apply experience and ideas in different countries. We plan to continue this format of interaction, as it allows synchronization and gives a powerful impetus for development for the next year, – summed up the head of the Slavic Universities project office, deputy head of the International Cooperation Department Nikita Golovin.

    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.spbstu.ru/media/news/international_activities/v-politekhe-sostoyalsya-vtoroy-summit-slavyanskikh-universitetov/

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

    MIL OSI Russia News

  • MIL-OSI Video: #UNGA 79 Backstage Series: UN Interpretation Service (4/5) | United Nations

    Source: United Nations (Video News)

    United Nations Interpreters are on call permanently. They are available for every meeting to explain and relay the message of the speakers. How do they do it? Come backstage with Mònica Parés from the UN’s Interpretation Service to find out. The Interpretation Service at the UN facilitates communication by providing interpretation from and into the six official languages of the United Nations (Arabic, Chinese, English, French, Russian and Spanish). Its work covers a wide range of subjects including peace and security, sustainable development, human rights and the environment.

    https://www.youtube.com/watch?v=Ezf6WyL-nJU

    MIL OSI Video

  • MIL-OSI Translation: 27/09/2024 Minister Sikorski participated in the high-level week of the 79th session of the UN General Assembly

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    On 23-27 September this year, the head of Polish diplomacy Radosław Sikorski was in New York in connection with the general debate of the 79th session of the United Nations General Assembly (AGNU). On the sidelines of the debate, the Minister held numerous bilateral meetings, including with his counterparts from Armenia, Azerbaijan, China, Chad, Egypt, Iran, Jordan, Kazakhstan, Kenya, Kosovo, Morocco, Mauritania, Rwanda and the United Arab Emirates. The talks were an opportunity to discuss bilateral relations and the most important international challenges. Minister Sikorski also participated in a number of multilateral meetings, including the meeting of the heads of EU diplomacy (FAC), the meeting of the foreign ministers of the G20 countries with other UN members and the meeting of the foreign ministers of the transatlantic countries. The latter was held at the invitation of the US Secretary of State, Antony Blinken. During the meetings, the head of Polish diplomacy emphasized the need for further support for Ukraine against the Russian invasion. He emphasized that the Ukrainian Peace Plan is the only realistic proposal for concluding peace, and that freezing the war is not a solution. He appealed to enable Ukraine to defend itself effectively, including granting it consent to attacks on military targets on Russian territory. El minister Sikorski emphasized the colonial nature of the Russian invasion, assessing that in a world in which we accept the primacy of force in international relations, no one will be able to feel safe. He also presented the goals and challenges facing Poland in connection with our country’s presidency of the Council of the European Union, which falls in the first half of next year. In the face of the situation in the Gaza Strip and the West Bank, the head of the Polish MFA emphasized the need to comply with humanitarian law and Poland’s commitment to a two-state solution. One of the most important events with the participation of Minister Sikorski was the meeting of the UN Security Council on September 24 this year, devoted to the situation in Ukraine. The head of Polish diplomacy focused on pointing out the Kremlin’s false propaganda regarding Ucraniano. He pointed to the Russian procedure of kidnapping children from Ucrania, comparing it to German actions during World War II against Polish children and children from the USSR. He also recalled the fact of Soviet cooperation with Nazi Germany in 1939. In addition, the program of Minister Sikorski’s stay in New York included a meeting with representatives of the American Jewish Committee, a discussion with members of the Council on Foreign Relations, as well as a meeting with the UN Deputy Secretary General and Executive Director of the UN Office for Project Services (UNOPS), Jorge Moreira da Silva – in connection with the planned opening of this UN agency’s representative office in Warsaw and its involvement in supporting the process of rebuilding Ukraine.

    Photo: Barbara Milkowska/Ministry of Foreign Affairs

    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 Russia: Rosneft presented an interregional tourist route between Ufa and Orenburg

    MILES AXLE Translation. Region: Russian Federation –

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

    On World Tourism Day, PJSC NK Rosneft, the Ministry of Entrepreneurship and Tourism of the Republic of Bashkortostan and the Ministry of Economic Development, Investment, Tourism and Foreign Relations of the Orenburg Region presented the interregional motorway route “Power of Nature” connecting Ufa and Orenburg.

    The presentation took place at the Bashneft petrol stations in Bashkortostan and the Orenburg region. Representatives of the Company and the expert tourism community told car travellers about the unique and memorable places along the route, which are located between the regional centres.

    Rosneft actively supports initiatives to develop domestic tourism and aims to create comfortable conditions for motorists. The development of roadside service and improving the level of customer service provided at Rosneft filling stations is one of the Company’s priority areas of activity.

    The main part of the route “Power of Nature”, the length of which is almost 700 km, is laid along the federal highway R-240. Passing the entire route with stops will take a car tourist from 2 to 5 days one way. Depending on the wishes of travelers, locations can be combined in different ways. Along the route there are Bashneft gas stations, which allows tourists not only to fill up with high-quality fuel, but also to have a snack on the road, receive the necessary services – for example, to pump up tires. Bashneft gas stations are located along the entire route, every 30-50 kilometers, which gives even more confidence and comfort to travelers.

    The Power of Nature auto route unites iconic places of tourist interest for every taste: a reservoir, salt lakes and mineral springs; a natural park and landscape-botanical monument; a reserve where conditions have been created for preserving the population of Przewalski’s horses; a modern art center around an old copper smelter – a cultural heritage site.

    People go to Sol-Iletsk primarily for the famous salt lakes, the water in which has beneficial properties for health. The only complex of 6 lakes in the Urals is comparable in its characteristics and healing effect to the resorts of the Dead Sea.

    On the territory of the Orenburgsky Nature Reserve, a project is being implemented to create a semi-free population of the wild Przewalski’s horse in Russia, listed in the Red Book of Russia. The Muradymovskoye Gorge is famous for its steep cliffs, picturesque sharp turns of the mountain river Ik and 46 caves. In the Staromuradymovskaya Cave there are rock carvings

    tylized drawings of a man made more than 8 thousand years ago in the early Neolithic era. Andreevskie cones – hills, as if covered with velvet, are part of a ridge “sawed” by tributaries of the Bolshoy Ik River.

    The Nugush Reservoir is located at the lower reaches of the Nugush River on the territory of the Bashkiria National Park. The reservoir is one of the cleanest in the region and is popular among both locals and tourists.

    Voskresensky Zavod is the oldest copper smelter in the Southern Urals, it began operating in 1745 and was one of the largest suppliers of copper in the Russian Empire. Today, the plant has become an art object and a center of attraction for art lovers.

    The sea peak is the Toratau shihan, the remains of a barrier reef that rose from the bottom of the ancient Permian Sea about 300 million years ago. Near Toratau there are two more shihans – Kushtau and Yuraktau. Here you can see fossilized sea creatures – sponges, corals, algae, echinoderms.

    People come to the village of Krasnousolskoye for mineral and hydrogen sulphide water – there are more than 250 springs along the banks of the Usolka River. The Krasnousolsk balneological resort is also located here, which is famous for its medicinal baths and silt mud.

    In the future, it is planned to develop and present new tours in the Ural-Volga region to popularize the beauty and uniqueness of the nature of the regions of Russia and stimulate the development of domestic autotourism.

    Reference:

    The retail network of NK Rosneft is the largest in the Russian Federation in terms of geographic coverage and number of stations, and the Rosneft gas station brand is one of the leaders in Russia in terms of recognition and fuel quality. In total, the Company operates about 3,000 gas stations.

    There are 358 Bashneft filling stations in the Republic of Bashkortostan and the Orenburg region.

    Rosneft in the Republic of Bashkortostan and the Orenburg Region is also represented by a complex of full-cycle production enterprises: oil and gas production, drilling, oil and gas processing, petrochemistry, scientific and design support, as well as a retail network. Rosneft’s key asset in Bashkortostan is the Bashneft company. The Company’s largest research and design institute also operates here. Rosneft’s main oil producing asset in the Orenburg Region is Orenburgneft.

    Department of Information and Advertising of PJSC NK Rosneft September 27, 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/220851/

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

    MIL OSI Russia News

  • MIL-OSI Banking: 24 startups fueling Ukraine’s future

    Source: Google

    Google for Startups Ukraine Support Fund announces 24 new recipients<meta name="optimize_experiments" content="[]"><meta name="description" content="Meet the next 2024 cohort of Google for Startups Ukraine Support Fund recipients."><meta name="keywords" content="None"><meta name="article-author" content="Matt Brittin"><meta name="robots" content="max-image-preview:large"><meta property="og:type" content="article"><meta property="og:title" content="24 startups fueling Ukraine's future"><meta property="og:description" content="Meet the next 2024 cohort of Google for Startups Ukraine Support Fund recipients."><meta property="og:image" content="https://storage.googleapis.com/gweb-uniblog-publish-prod/images/_DSC2358.width-1300.jpg"><meta property="og:site_name" content="Google"><meta property="og:url" content="https://blog.google/outreach-initiatives/entrepreneurs/google-ukraine-support-fund-june-2024-update/"><meta property="article:publisher" content="https://www.facebook.com/Google/"><meta property="article:published_time" content="2024-09-27"><meta name="twitter:card" content="summary_large_image"><meta name="twitter:url" content="https://blog.google/outreach-initiatives/entrepreneurs/google-ukraine-support-fund-june-2024-update/"><meta name="twitter:title" content="24 startups fueling Ukraine's future"><meta name="twitter:description" content="Meet the next 2024 cohort of Google for Startups Ukraine Support Fund recipients."><meta name="twitter:image:src" content="https://storage.googleapis.com/gweb-uniblog-publish-prod/images/_DSC2358.width-1300.jpg"><meta name="twitter:site" content="@google"><link rel="preconnect" href="https://fonts.googleapis.com"><link rel="preconnect" href="https://fonts.gstatic.com" crossorigin=""><link rel="stylesheet" type="text/css" href="/static/keyword/css/blog/index.min.css?version=pr20240911-2220"><link rel="stylesheet" href="https://fonts.googleapis.com/css?family=Google+Sans:400,500,600,700%7CProduct+Sans:400&display=swap&lang=en"><link href="https://fonts.googleapis.com/css2?family=Noto+Color+Emoji&display=swap" rel="stylesheet"><link href="https://www.gstatic.com/glue/cookienotificationbar/cookienotificationbar.min.css" rel="stylesheet"><link rel="stylesheet" type="text/css" href="/static/keyword/css/print/index.min.css?version=pr20240911-2220" media="print"><link rel="canonical" href="https://blog.google/outreach-initiatives/entrepreneurs/google-ukraine-support-fund-june-2024-update/"><link href="/favicon.ico" rel="icon"><link href="/static/blogv2/images/apple-touch-icon.png" rel="apple-touch-icon"><meta property="gtm-tag" content="GTM-TRV24V"></p> <article class="uni-article-wrapper"> <section class="article-hero"> Osavul is an AI-powered platform specializing in threat intelligence and information environment assessment, was founded in March 2022 as a direct response to the full-scale Russian invasion of Ukraine and the critical need to combat information threats. The platform enables users to detect and analyze hostile activities like disinformation and coordinated attacks.</p> </section> </article> <p>

    MIL OSI Global Banks

  • MIL-OSI Russia: Marat Khusnullin: Rosreestr has concluded 22 agreements and memorandums within the framework of international cooperation

    MILES AXLE Translation. Region: Russian Federation –

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

    Russia is expanding international cooperation in the areas of real estate and land use. Since 2020, Rosreestr has concluded 22 memorandums and agreements on cooperation with relevant agencies of other countries, Deputy Prime Minister Marat Khusnullin said.

    “Including three memorandums concluded since the beginning of this year with Kyrgyzstan, India and Serbia. Studying foreign practices is necessary to improve the quality of services in the field of land and real estate and to build the National Spatial Data System (NSDS). In addition, possessing advanced competencies in the industry, the department assists other countries in developing the sphere of registration of rights and cadastral registration, creating modern geoinformation resources. One of such large international projects is the creation of a geoportal of the spatial data infrastructure of the CIS member states, which is being implemented on the basis of the unified digital platform “NSDS” developed by Rosreestr,” said Marat Khusnullin.

    The geoportal of spatial data infrastructure of the CIS member states is one of the four major international projects of the department, which is being implemented at the site of the Interstate Council on Geodesy, Cartography, Cadastre and Remote Sensing of the Earth. The corresponding list of instructions was signed by the President of Russia in November 2022.

    “The geoportal is being created using the experience of development and technological solutions of the Russian state information system “Unified Digital Platform “NSPD”. It will provide quick and convenient access for citizens, businesses, and professional market participants to open geospatial data of the CIS member states and electronic services created on their basis. Currently, within the framework of the schedule, the issue of providing the infrastructure of the state unified cloud platform for hosting and operating the portal has been worked out. All participants of the CIS Interstate Council have formed a technical assignment for the implementation of the first stage of work, and basic data sets for the operation of services have been agreed upon. The geoportal is planned to be put into operation in 2025,” said Oleg Skufinsky, head of Rosreestr.

    Rosreestr is implementing three more joint international projects with Uzbekistan, Abkhazia and Kyrgyzstan. They are related to the creation of national systems of state cadastral valuation. In particular, Abkhazia was provided with assistance in developing an automated information system of the real estate cadastre and a software module “Assessment of the cadastral value of real estate objects”. The project in Uzbekistan is planned to be completed by the end of 2024.

    The agency also signed six “road maps” for exchanging experience in the field of registration of rights, cadastral registration and creation of spatial data infrastructure. Such contacts have been established with Turkey, Armenia, Tajikistan, Turkmenistan, Uzbekistan and South Ossetia.

    In addition, Rosreestr is developing cooperation with the countries of the Middle East, Africa, Southeast Asia, Latin America and China, and has joined the activities of the BRICS Working Group on Geospatial Technologies and their Application.

    One of the key areas of the agency’s activities remains cooperation with relevant international organizations, including the UN system, where the agency represents Russia’s interests. This allows not only to study advanced foreign experience in the field of geodesy, cartography and spatial data infrastructure, but also to promote Russian achievements and technologies in the industry in the international arena.

    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/52817/

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

    MIL OSI Russia News

  • MIL-OSI United Kingdom: UN Human Rights Council 57: UK Statement for UN Report on Reprisals

    Source: United Kingdom – Executive Government & Departments

    Interactive Dialogue on the UN Secretary General’s Report on Reprisals. Delivered by the UK’s Human Rights Ambassador, Eleanor Sanders.

    Thank you, Mr President, and thank you to the Secretary General for his tireless work to highlight continuing efforts to silence those who cooperate with the UN to defend human rights.

    The UK pays tribute to these courageous individuals.

    This time last year, we highlighted the intimidation and harassment faced by the son of Jimmy Lai, Sebastien, and his international legal team, for their engagement with this Council. We are deeply troubled that such tactics appear to have continued, including death and rape threats and repeated attempts to hack email and bank accounts as set out in this year’s report.

    In Belarus, members of the Congress of Democratic Trade Unions have been detained for advocating for workers’ rights and engaging with the International Labour Organization.  Delegates of the Human Rights Centre Viasna face years in prison for cooperating with UN mechanisms.

    In Vietnam, author and journalist Pham Doan Trang remains in detention for her work to advance human rights, including through her engagement with the UN.

    And in Russia, the authorities have dissolved the NGO “Man and Law” citing its engagement with the UN.

    Mr President, a conservative figure of 300 human rights defenders lost their lives in 2023; what can be done to reduce this terrible toll? 

    Thank you.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: Alexander Novak held talks with the Secretary General of the Gas Exporting Countries Forum Mohamed Hamel

    MILES AXLE Translation. Region: Russian Federation –

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

    Previous news Next news

    Alexander Novak held talks with the Secretary General of the Gas Exporting Countries Forum Mohamed Hamel

    Deputy Prime Minister of the Russian Federation Alexander Novak met with Secretary General of the Gas Exporting Countries Forum (GECF) Mohamed Hamel on the sidelines of the international forum “Russian Energy Week”.

    Alexander Novak called the GECF an important platform for comprehensive dialogue in the energy sector and stated Russia’s interest in further increasing the organization’s authority in the gas market, where, in the context of geopolitical pressure, the demand for constructive cooperation is growing.

    The Deputy Prime Minister named cooperation in the scientific and analytical fields, building up technological partnerships in the gas chemical industry, creating a gas development bank and a network of research centers around the world as priority topics for interaction between Russia and the GECF.

    “GECF forecasts a 34% increase in global gas demand by 2050, with the growth drivers being developing countries in the Asia-Pacific region, the Middle East and Africa. GECF should use its potential and accumulated experience to develop the global energy market by providing developing countries with access to financial products, consulting support, and business solutions from the largest market players. Combating underinvestment in the industry should become a key mission of the GECF gas bank, especially in a situation where global development institutions refuse to finance gas projects, promoting only renewable energy sources,” said Alexander Novak.

    The parties emphasized that gas as an environmentally friendly fuel will take a dominant position in the global fuel and energy balance in the next 25 years. This should be facilitated by new instruments for GECF members, in particular the possibility of organizing swap agreements and gas hubs, which will reduce logistics costs in the delivery of raw materials, as well as conclude profitable long-term contracts with gas consumers. The emergence of secure payment mechanisms is necessary, as well as the expansion of cooperation in the field of equipment and technology supplies.

    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/52816/

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

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Penalty issued for breaches linked to Russia’s invasion of Ukraine

    Source: United Kingdom – Executive Government & Departments

    OFSI announces monetary penalty for breaches of UK financial sanctions imposed on Russia linked to its illegal invasion of Ukraine.

    The Office of Financial Sanctions Implementation (OFSI) has issued a monetary penalty to Integral Concierge Services (ICSL) for breaches of the financial sanctions regime imposed on Russia in response to its illegal invasion of Ukraine in 2022.

    The monetary penalty relates to the property management service ICSL provided to a designated person subject to an asset freeze. Between 2022 and 2023, ICSL made or received 26 payments in connection with the services they were providing to the designated person, despite knowing or having reasonable cause to suspect these were in breach of financial sanctions in the UK.

    As a result of these breaches, ICSL was given a penalty of £15,000. ICSL did not challenge the penalty and paid in full.

    This penalty demonstrates OFSI’s clear commitment to pursuing financial sanctions breaches wherever they occur. From the largest institutions to the smallest, everyone has an obligation to comply with the UK’s financial sanctions regime. OFSI is prepared to utilise the full extent of its legislative powers to pursue those who commit serious breaches of financial sanctions.

    This case was not reported to OFSI by the subject of the penalty, resulting instead from a proactive investigation.

    FCDO Sanctions Minister Doughty said:

    We are firmly committed to enforcing the UK’s financial sanctions regime. We promised this government would act – and we are putting those involved in breaches on notice. Let this be a strong warning to those who fail to comply.

    The UK is continuously working to proactively identify breaches and strengthen our enforcement powers. We will continue to close loopholes, come down hard on sanctions evaders, and crack down on sanctions circumvention to ensure the effectiveness of sanctions against Putin’s Russia, and in the case of other sanctions regimes.

    The monetary penalty highlights key lessons for industry, particularly firms involved in the property management sector. This case demonstrates the importance of understanding and taking appropriate action to address financial sanctions risks arising from your business model and client base, particularly if they present heightened sanctions risks. Firms should seek professional advice on their sanctions obligations wherever necessary.

    Russia is desperate to get around our sanctions and we will not hesitate to take action against those involved in supplying and funding Putin’s war machine. The government is committed to significantly strengthening our sanctions enforcement, and will continue to prioritise sanctions enforcement at every turn. This includes both public actions, such as monetary penalties, and actions which are not made public, such as warning letters and referrals to regulators. Following the introduction of strict civil liability for financial sanctions breaches in June 2022, OFSI is now also able to take action regardless of whether a person knew or had reasonable cause to suspect they would be in breach.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Russia: “Our students will be happy to come to HSE campuses in Moscow, St. Petersburg and other cities”

    MILES AXLE Translation. Region: Russian Federation –

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

    © Mikhail Dmitriev / Higher School of Economics

    On September 26, a meeting of the HSE management with a delegation from Azerbaijan took place in the historic building of the National Research University Higher School of Economics on Pokrovsky Boulevard — the Durasov House. Representatives of higher education institutions discussed possible areas of cooperation. An agreement was also signed between the Higher School of Economics and Baku State University.

    Before the official part, the guests were given a tour of the Pokrovka building and the Durasov House. Nikita Anisimov, Rector of the HSE, gave a welcoming speech and spoke in detail about the HSE. In particular, he noted the multidisciplinary nature of the university, drawing attention to the fact that, in addition to economic departments, the HSE has departments of mathematics, physics, chemistry, biology, geography, computer science and creative industries, as well as engineering training areas. He emphasized that the Higher School of Economics is the first choice university for talented applicants from both Russia and other countries. Nikita Anisimov expressed confidence that cooperation with Azerbaijani universities will allow for the creation of high-quality academic exchange and student mobility programs.

    The rector was supported by other representatives of the HSE management – the vice-rector, the head BRICS Expert Council – Russia Victoria Panova, Vice-Rector, Head of Department Laboratory of Labor Market Research Faculty of Economic Sciences Sergey Roshchin, Dean Faculty of Physics Mikhail Trunin, Deputy Director MIEM Veronica Prokhorova, Director Centre for Comprehensive European and International Studies (CKEMI) Faculty of World Economy and World Politics Vasily Kashin.

    Adalat Jalal oglu Muradov, Rector of the Azerbaijan State University of Economics, greeted those present and thanked them for the warm welcome. He introduced his university: “We have more than 20 thousand students. We conduct training in the main educational programs in several languages. We also have 10 training programs within the framework of two diplomas.”

    He also noted that the Azerbaijan State University of Economics sees demand for education in Russian and the creation of new joint programs, including online, which could lead to increased attractiveness of education.

    “We can think about creating a joint faculty, if you are interested. I am ready to transfer all powers to the HSE within the framework of this faculty. Our students will be happy to come to Moscow, St. Petersburg and other cities,” Adalat Jalal ogly Muradov is confident.

    Elchin Safarali oglu Babayev, rector of Baku State University, noted that HSE is famous not only for the quality of education and research, but also for its infrastructure. “We are interested in cooperation, we need to move forward and expand the horizons of interaction. We are interested in your scientists and professors to teach here,” he said.

    At the same time, the rector of Baku State University emphasized that the name “Higher School of Economics” does not reflect the entire spectrum of areas of study and the diversity of levels of education that are represented at the university. “The university could be called the Higher School of All Sciences,” said Elchin Safarali oglu Babayev.

    Rector of the Azerbaijan Technological University Yashar Adil oglu Omarov, in turn, expressed a desire to create dual degree programs with Russian universities, including the Higher School of Economics. “We have a faculty of economics and management, where we could establish cooperation, and there are also programs in design and IT,” he noted.

    The Azerbaijani delegation expressed interest not only in opening dual degree programs, but also in joint publications.

    At the end of the official part, the Higher School of Economics and Baku State University signed a cooperation agreement.

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

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

    http://vvv.hse.ru/nevs/edu/967246868.html

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

    MIL OSI Russia News

  • MIL-OSI Russia: Moscow radiologists processed 13 million studies using artificial intelligence

    MILES AXLE Translation. Region: Russian Federation –

    Source: Center for Diagnostics and Telemedicine of the Moscow Department of Health (DZM)

    The use of artificial intelligence (AI) has significantly improved the processing of medical imaging results in Moscow: since 2020, radiologists have analyzed more than 13 million studies. According to Anastasia Rakova, Deputy Mayor of Moscow for Social Development, the integration of AI technologies has changed the process of detecting diseases.

    “Today, disease diagnostics, including diagnostic radiology, largely depend on the use of artificial intelligence,” Rakova explained. The services introduced in 2020 played an important role in the analysis of medical images, and since 2023 they have been included in the CME tariff for mammography as a second opinion. “In addition, since May 2024, AI has been operating in an experimental mode to autonomously determine norms for fluorography and chest X-ray.” To date, AI has helped doctors analyze more than 13 million radiation studies, increasing the accuracy of diagnostics and making it more accessible to citizens.

    AI-powered services have not only accelerated the processing of large volumes of data, but also increased the accuracy of diagnostics, especially in the early stages of diseases, making it more accessible to citizens. AI-powered diagnostic tools can detect signs of 38 different diseases, including lung and breast cancer, pneumonia, osteoporosis of the spine, and herniated discs. Moreover, comprehensive AI services can detect up to 12 pathologies on a single medical image.

    “Integrated solutions based on artificial intelligence are very useful for radiologists,” says Yuri Vasiliev, senior consultant in radiology at the Moscow Department of Health, general director of the Center for Diagnostics and Telemedicine at the Moscow Department of Health. “These services allow radiologists to detect signs of several pathologies simultaneously in one image, which allows for early detection of diseases and timely monitoring of patients’ condition.”

    The development of artificial intelligence services in Moscow is part of an ongoing experiment to introduce computer vision technologies into medicine, launched by the Moscow Department of Social Development together with the Center for Diagnostics and Telemedicine with the support of the city’s Department of Information Technology.

    The use of digital technologies and artificial intelligence to improve the quality of life of city residents is in line with the goals of the national program “Digital Economy of the Russian Federation” and the capital’s regional project “Digital Public Administration”.

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial News: Loan Volume Increases as Collateral Values Rise: Pawnshop Market Trends in H1 2024

    MILES AXLE Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    The loan portfolio has grown by 13% since the beginning of the year and amounted to 62.6 billion rubles. Demand for loans remains stable: in the first half of 2024, pawnshops concluded slightly more than 4 million contracts per quarter on average. The average loan amount increased by 8% compared to the previous period and exceeded 17 thousand rubles. This dynamic is due to the increase in the cost of collateral – mainly gold items.

    According to a survey conducted by the Bank of Russia, pawnshops identify three main factors that determine the demand for their services: the income level of the population, financial accessibility and the debt burden of the population.

    Read more in the article “Trends in the development of the pawnshop market”.

    Preview photo: LanKS / Shutterstock / Fotodom

    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.kbr.ru/press/event/?id=21037

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

    MIL OSI Russia News

  • MIL-OSI Russia: Financial news: Do we need stock exchange trading on weekends: Bank of Russia survey

    MILES AXLE Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    In recent years, new trends have emerged on the Russian stock market. Brokers have begun to independently match client orders for the sale and purchase of securities without going to organized trades. The Bank of Russia is actively discussing with market participants the possibility of expanding the time limits of trading sessions on the exchange. However, this issue affects the interests of a wide range of both institutional and retail investors. The regulator intends to determine its position based on a comprehensive analysis of the problem.

    Preview photo: Quality Stock Arts / Shutterstock / Fotodom

    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.kbr.ru/press/event/?id=21035

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

    MIL OSI Russia News

  • MIL-OSI Russia: Digest

    MILES AXLE Translation. Region: Russian Federation –

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

    Last week, a representative delegation of the rector’s office of the State University of Management made a working trip to the southern regions of Russia, visiting Rostov-on-Don and the Donetsk People’s Republic. Meanwhile, our experts turned their attention to the increase in pensions, fines for dangerous driving and car prices after October 1. Also, the curious reader is invited to read about emotional intelligence, cash flow gap, principles of the Scrum management methodology, methods of counteracting high inflation and find out in which countries of the world it is the lowest.

    — Director of the Institute of Economics and Finance of the State University of Management Galina Sorokina recalled the increase in pensions for Russians over 80 years old from October 1. “This form of social support for long-livers is important, since with age, more funds are needed for medicines and help with the household, especially since people over 80 in Russia make up about 3.6% of the total population,” the expert noted. — Also, from October 1, military pensions will be indexed, which Galina Sorokina also reminds about. She listed the categories of citizens who are considered military pensioners: former military personnel, persons who served in the Internal Affairs Directorate, the State Fire Service, the National Guard and other categories, including family members of deceased military personnel. — Galina Sorokina also told what the minimum wage will be in 2025. “The amount of the subsistence minimum depends on the region and the population group – the working-age population, children and pensioners. Regions can also set their own minimum wage, which, however, should not be lower than the Russian average,” explains the economist.

    — Associate Professor of the Department of Economic Policy and Economic Measurements of the Institute of Economics and Finance of the State University of Management Maxim Chirkov appreciated the initiative to pay Russian pensioners the 13th pension. “From my point of view, such an initiative is quite realistic. Although inflation remains quite high, it has begun to decline. Therefore, increasing the incomes of pensioners becomes a top priority, since they are often the most vulnerable part of Russian society,” the economist said. 
    — Maxim Chirkov also explained why in Russia they want to limit online installment payments. “If these restrictions are not in place, it turns out that the established institutions that are supposed to limit citizens’ risks, including credit risks, may turn out to be useless and the risks will increase,” the expert explained. 
    — Maxim Chirkov also outlined the relationship between inflation and public sector salaries. “The Russian economy is growing sharply in the areas of IT, finance, manufacturing, including manufacturing, and others. Under these conditions, civil servants may leave their jobs to take high-paying jobs. Therefore, it is necessary to raise salaries for public sector employees and compare them not with inflation, but with the growth of the average salary in the country,” explained Maxim Chirkov. 
    — In addition, Maxim Chirkov commented on Putin’s statement about working on the creation of a BRICS payment circuit. “The creation of such a system is a logical continuation of the move away from the dollar, financial systems and organizations that have centers in Western countries. Of course, an analogue of SWIFT will be created, that is, a system of interbank transfers, payment systems for individuals using plastic cards,” Chirkov said. 

    — Head of the Department of World Economy and International Economic Relations at the State University of Management Evgeny Smirnov made assumptions about the purposes of the proposed visit of IMF representatives to Russia. “Considering that the IMF is considered a “pro-Western” organization, the visit may also be connected with an attempt to obtain data on the net income Russia receives from participation in international trade by publishing statistics on the external sector,” the expert suspects.

    — Director of the Russian Center for Socio-Economic and Political Research of China at the State University of Management Fanis Sharipov commented on the Moscow BRICS Forum and Symposium on Public Administration. The expert noted that the BRICS association is committed to supporting sustainable development and mutually beneficial cooperation. “The West does not agree to give up its positions. But the world is entering a new era of global economic relations, where the role of the East and the South is growing,” said Fanis Sharipov.

    — Associate Professor of the Department of Institutional Economics of the State University of Management Svetlana Sazanova named the countries with the lowest inflation over the past year. These are China (-0.1%), Switzerland (1.6%), Saudi Arabia (2%), Spain (2.6%), and the Netherlands (3%). “Creeping inflation, within 10%, even has a stimulating effect on the economy, because producers, as a rule, perceive such price increases as increased demand for their products and, in response, increase their production,” the economist notes. — Svetlana Sazanova also explained the reasons for the growth of the Russian economy. In general, economic growth in Russia in 2024 cannot be considered to be caused only by defense orders and an increase in the money supply in the hands of the population. It is also caused by its structural restructuring: an increase in the share of the manufacturing industry and related industries,” the expert is convinced. — Svetlana Sazanova and Associate Professor of the Department of Institutional Economics of the State University of Management Konstantin Andrianov discussed what awaits the United States as a result of the growth of the national debt. “The issue of solving the national debt problem will be postponed until the next president. At the moment, the US debt is about 120% of GDP, which significantly limits the possibilities for stimulating the economy with the help of budget and tax policy,” noted Svetlana Sazanova. “Countries have begun to withdraw their foreign exchange reserves and gold from American depositories, which could lead to a collapse of the dollar exchange rate. The scale of this fall is difficult to predict, but it could be multiple,” said Konstantin Andrianov.

    — Associate Professor of the Department of Institutional Economics of the State University of Management and expert of the Central Bank of the Russian Federation Konstantin Andrianov discussed possible changes in exchange rates after the lifting of sanctions. “At the moment, it is impossible to predict the exact value of the dollar after the sanctions are lifted. We don’t even know when these sanctions will be lifted. Sanctions are in the hands of countries guided by anti-Russian policies, and their political elites are gripped by Russophobia,” the expert said. 
    — Konstantin Andrianov also named the reasons and methods of countering high inflation in Russia. “Since mid-summer, the exchange rate of our national currency has fallen by 7% against the dollar and euro, and by 8% against the yuan, although nothing negative has happened in the economy. This significantly affects the level of inflation; for stable prices we need a stable ruble,” the economist said. 
    — In addition, Konstantin Andrianov assessed the extension of sanctions against the Moscow Exchange. “If the ruble has successfully withstood the sanctions against the Moscow Exchange adopted in June of this year, then it is unlikely that anything else from the outside can become more or less a serious threat for it,” the expert is sure. 
    — Konstantin Andrianov and Deputy Director of the IFE GUM Valeria Ivanova also predicted changes in the euro exchange rate in the event of some countries leaving the EU. “A sharp collapse in the exchange rate is possible due to the loss of investor confidence in the euro as a stable currency. Also, a sharp collapse is possible, especially if the exit of these countries becomes a signal for others, which will lead to a chain reaction,” noted Valeria Ivanova. Konstantin Andrianov notes that the situation in the eurozone remains extremely unstable. Against the background of the refusal of Germany and other EU countries from Russian energy resources, macroeconomic problems began to intensify in many European countries, including France and Italy. 

    — Associate Professor of the Department of Transport Complex Management at the State University of Management Artem Merenkov warned about the increase in prices for cars from October 1. “There is a stock of cars at old prices. That is, this will definitely not be a momentary adjustment. Nevertheless, we can say that a price increase of 5-10% is possible before the end of the year,” the expert believes. — Artem Merenkov also assessed the State Duma’s decision to increase the fine for dangerous driving to 5,000 rubles from October 1. “Whether it will help or not is a matter of time and a combination of actions. Such measures work in a complex. If we look at the data from the State Traffic Safety Inspectorate, we will see that the number of accidents on the roads is decreasing, that is, systematic work definitely yields results,” the specialist said.

    — Professor of the Department of Accounting, Auditing and Taxation of the State University of Management Olga Ageeva told how to determine the profit and loss of a business. “The amount of net profit for the period indicates the same growth in the company’s net assets. In turn, net loss is associated with their decrease by the same amount. And as is known, net assets are what will remain to the owners in the event of liquidation of the enterprise,” the expert noted.

    — Associate Professor of the Department of Economic Policy and Economic Measurements of the State University of Management Natalia Kazantseva reported on the crisis in the area of family mortgages. “The funds allocated from the state budget to support family mortgages have almost been exhausted. Many banks have already stopped accepting orders for their registration, the remaining limits are not enough for its rapid development. This means that the real estate market will have to survive in the current market conditions, where the price of housing is determined by its laws,” the expert noted. — Natalia Kazantseva also spoke about what a cash gap is and how to avoid it. “Daily monitoring of cash balances at the beginning of the day, receipts and expenses will help to avoid a cash gap, this advice is especially relevant for small and medium-sized enterprises. It is important to use electronic document management and negotiate with suppliers, apply installment and deferment tools,” the economist advises.

    — Candidate of Psychological Sciences, Associate Professor of the State University of Management Svetlana Grishaeva commented on the State Duma initiative to ban childfree propaganda. “Childfree propaganda forms attitudes towards childlessness, the less such propaganda and such movements there are, the more likely it is that attitudes towards childlessness will decrease. Children and teenagers are easily influenced by something new, so movements like childfree have imitators and followers,” the psychologist said. — Svetlana Grishaeva also explained in detail what emotional intelligence is. “It is the ability to understand the emotions of other people and the ability to control your feelings. But to control is not the same as not to experience, so you should not think that a low-emotional person has a high level of EI, because emotions are our helpers in many situations,” the expert noted.

    — Senior lecturer of the HR department of the State University of Management Ekaterina Illarionova spoke about the principles of the Scrum management methodology. “The peculiarity of Scrum is that the team works on only one product. This is more expensive than the typical assignment of one specialist to several projects, but this is a story from the series about the stingy who pays twice,” the expert says.

    — Vladimir Popov, Associate Professor of the Department of Private Law at the State University of Management, commented on the new fine from the Ministry of Transport for carrying foreign objects while driving. The Associate Professor believes that this could create problems for drivers. “After all, if a driver eats or drinks while driving, he is also distracted, which increases the likelihood of an accident, but I do not propose banning such behavior yet,” the expert noted.

    — Doctor of Political Sciences, Professor of the State University of Management Viktor Titov discusses the possibilities of reconciliation between Iran and Israel. “Firstly, a very strong argument “for” a partial easing of the Iranian-Israeli confrontation is the fatigue of Israeli society: both from the war that began in October 2023 and from the long-term, virtually permanent confrontation with the Islamic world,” the expert believes.

    These are the topics covered by the experts of the State University of Management this week. Conclusions later, and now let’s run to the anniversary final of the State University of Management KVN League!

    Subscribe to the TG channel “Our GUU” Date of publication: 09/27/2024

    Ростов-на-Дону и Донецкую Народную Республику….” data-yashareImage=”https://guu.ru/wp-content/uploads/photo_2023-03-04_01-46-02.jpg” data-yashareLink=”https://guu.ru/%d0%b4%d0%b0%d0%b9%d0%b4%d0%b6%d0%b5%d1%81%d1%82-%d0%b3%d1%83%d1%83%d0%b3%d0%be%d0%b2%d0%be%d1%80%d0%b8%d1%82-%d0%b2-%d0%be%d0%b6%d0%b8%d0%b4%d0%b0%d0%bd%d0%b8%d0%b8-1-%d0%be%d0%ba%d1%82%d1%8f%d0%b1/”>

    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.

    Digest

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

    MIL OSI Russia News

  • MIL-OSI Security: NATO boosts cooperation amongst Schools for Non-Commissioned Officers

    Source: NATO

    NATO’s Defence Education Enhancement Programme (DEEP) organised the 3rd Annual Conference of Non-Commissioned Officer (NCO) Academies and Schools, from 16 to 19 September 2024, in Batumi, Georgia. The event was held in cooperation with the Partnership for Peace Consortium of Defence Academies and Security Studies Institutes and the Defence Forces of Georgia, with well over 80 participants from more than 30 countries.

    Participants included high level officials, such as NATO’s Deputy Assistant Secretary General for Operations, Burcu San, the Head of the NATO Liaison Office in Georgia, Alexander Vinnikov, and the Deputy Chief of the Georgian General Staff, Major General Zaza Chkhaidze, as well as commandants and senior enlisted leaders, and senior instructors of Schools for Non-Commissioned Officers from both NATO Allies and partners. Representatives from Malawi and Columbia also participated for the first time.

    They discussed a range of issues, including the preparation of NCO specialists and the education of young generations of NCOs, as well as various initiatives run by NATO’s Defence Education Enhancement Programme in the domain of NCOs’ development. They also received an update from representatives of the Ukrainian Armed Forces on the role performed by their NCOs corps in defending against Russia’s war of aggression against Ukraine.

    Non-commissioned officers are vital to the effectiveness and resilience of modern militaries, as they provide critical role-models for service members and support the development of military education systems.

    This year’s conference in Georgia built on two previous conferences hosted by Bosnia and Herzegovina and Croatia, in 2022 and 2023, respectively. The Conference of NCO Academies and Schools was established by NATO’s DEEP Team as a platform to enable these institutions to communicate, synchronise curricula, and share best practices.

    MIL Security OSI

  • MIL-OSI Global: Chess: a game rooted in military strategy that has become a tool of international diplomacy

    Source: The Conversation – UK – By Becky Alexis-Martin, Peace Studies and International Development, University of Bradford

    Hushed silence descends as two opponents engage in a battle of wits, memory and strategy. The atmosphere becomes more tense with each shuffle of a pawn or sweeping arc of the queen. The drama is palpable, but there can be only one winner. This year – at the 45th Chess Olympiad finals in Budapest – it was India, whose players won both men’s and women’s gold medals and four individual golds, signalling a new era of Indian domination.

    Chess has become more than just a game. The recent upholding of the bans on Russian and Belorussian players from international competition by the International Chess Federation (Fide) is an example of the soft power of sanctions as a geopolitical tool against the Russian invasion of Ukraine. This ban has been welcomed by the US and Ukraine, among others, although Fide was divided on the issue, with 41 delegates voting to uphold the ban while 21 countries favoured lifting the ban and 27 abstained or were absent.

    Over the centuries, chess – which has its roots in military strategy – has become a symbol of geopolitical competition made peaceful. The game’s first incarnation has been traced back to 6th-century India, as military generals sought a pastime to exercise strategic thinking.

    The original game of chess was named chaturanga, which translates from Sanskrit into “the four military divisions”. The game allowed leaders to simulate conflict by using reasoning and logic to contemplate future battles. The term “checkmate” itself derives from shah mat, which loosely translates to “the king has lost” in Persian and Sanskrit.

    Cold war rivalries

    Chess was to become the focus of international, cultural and political competition during the cold war. It captured the world’s political imagination as a symbolic battleground between east and west. The Soviet Union supported promising chess players by establishing chess schools. Soviet grandmasters were unbeatable national heroes, from Mikhail Botvinnik to Tigran Petrosian and Boris Spassky. Their victories were framed as evidence of socialist intellectual superiority.

    But American grandmaster Bobby Fischer disrupted 24 years of Soviet dominance when he beat Spassky at the 1972 World Chess Championships in Rekjavik, Iceland. It would become a critical moment in the cold war.

    For years chess had been seen by both the Soviet Union and the US as a proxy for superpower military competition. Unlike US-Chinese “ping-pong diplomacy” – when goodwill between US and Chinese players in the early 1970s was followed by enhanced diplomatic engagement between the two countries – Fischer’s defeat of Spassky ended more than 20 years of Russian domination of chess.

    The prospect that Fischer might win was seen as so important by the US government that the then secretary of state, Henry Kissinger, personally called Fischer to urge him to go to Rekjavik.

    Years later, Russian former world champion and dissident Garry Kasparov recalled that: “This event was treated by people on both sides of the Atlantic as a crushing moment in the midst of the cold war. Big intellectual victory for the United States, and you know, a hugely painful, almost insulting defeat for the Soviet Union.”

    A game for dissidents

    Chess does not exist in a vacuum. It is shaped by and reflects historical rivalries, the rise of new power and contemporary geopolitics. And along the way, their refusal to maintain the national status quo and instead articulate their concerns about their societies has led to several grandmasters from various countries having to go into political exile.

    Garry Kasparov’s pro-democracy advocacy and criticism of the Russian state led him to flee Russia with his family to New York in 2013. He was chairman of the Human Rights Foundation from until 2024, and has since been added to Vladimir Putin’s terrorist blacklist.

    Kasparov is in good company. Six of Iran’s female grandmasters have been forced to leave their country, fleeing their country’s oppressive patriarchal regime after being barred from national competition for playing without a headscarf.

    Sara Khadem fled to Spain with her family after refusing to wear the hijab during a match in Kazakhstan in 2022. Her family have since gained Spanish citizenship. However, women who cannot find citizenship elsewhere pay a steep price as their talents are not nurtured and they cannot play professionally. Mitra Hejazipour waited three and a half years to gain citizenship. In 2023, she consecutively became a French citizen and the French national women’s champion.

    Ukrainian players continue to use chess as a platform for resistance against the Russian invasion. Prominent players who have spoken out include Vasyl Ivanchuk, Anna Muzychuk and her sister Mariya. Anna has consistently used her global social media following to condemn the invasion and advocate for peace in Ukraine.

    Projects in Rwanda, Uganda and Palestine have demonstrated that chess is more than just a game by bringing together disparate communities. So by sanctioning Russia and Belarus, the International Chess Federation has made an important statement.

    Chess can be a form of cultural diplomacy, a symbol of non-violent conflict resolution, and a platform for dialogue and understanding between people and nations. Chess is its own universal language. It requires no common tongue or expensive kit, yet it offers a formidable tool to promote critical thinking, international cooperation and conflict resolution.

    Becky Alexis-Martin 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. Chess: a game rooted in military strategy that has become a tool of international diplomacy – https://theconversation.com/chess-a-game-rooted-in-military-strategy-that-has-become-a-tool-of-international-diplomacy-239739

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Ministry of Defence analyses future global strategic trends

    Source: United Kingdom – Executive Government & Departments

    The seventh edition of Ministry of Defence’s analysis of the long-term future global strategic context and possible futures has been published today, covering a range of global trends including defence and technological advances.

    • Global Strategic Trends: Out to 2055 describes key drivers of change.
    • Long-term document forms seventh edition of strategic foresight analysis.
    • Analysis highlights possible future opportunities and challenges.

    Global Strategic Trends: Out to 2055 describes key drivers of change and illustrates alternative future worlds to test planning assumptions and help decision-makers prepare for an uncertain world.

    The findings and deductions do not represent the official policy of the UK government or that of the MOD, but the findings will be considered as part of the Strategic Defence Review, which will make sure our Armed Forces are bolstered and that our country has the capabilities needed to ensure the UK’s resilience for the long term.

    The document indicates an abundance of opportunities, alongside new and existing challenges in the global outlook. Notable areas of potential future trends for Defence include: 

    • A highly uncertain future for Russia, with the outcome of its war in Ukraine and the implications of this being key to its future power and status.
    • China will continue to use economic interdependencies, underpinned by military strength, as core means to achieve its objectives.
    • In an age of increasing uncertainty, the need to build resilience, agility and new forms of deterrence will be paramount.
    • An expansion in the number of nuclear-armed states fielding more powerful weapons, combined with new weapons of mass effect, could create new challenges.
    • Military shaping power will remain one of the ultimate levers of power. Space and cyberspace will increasingly be a key factor in battlefield success.

    This edition marks more than 20 years of strategic foresight analysis conducted by the MOD’s internal think tank. The authors gathered a diverse range of insights and research to present a global view of the long-term future, focusing on key areas such as social, economic, environmental and security factors.

    Chief of the Defence Staff, Admiral Sir Tony Radakin, said:

    The need to examine the implications of these future trends in a more openly contested and volatile world, as well as the possible shocks that may emerge, is a crucial task to assist policy makers and senior leaders.

    Commander Strategic Command, General Sir Jim Hockenhull, said:

    I am delighted to release this latest edition of Global Strategic Trends. All seven publications, over the last 20 years, have promoted an open-minded approach to understanding the context and conduct of Defence and Security.

    This rich and diverse programme of work, by Strategic Command, deliberately does not represent UK policy, instead it provides policymakers with a future strategic context to aid long-term decision-making, capability planning and strategy development.

    Its key conclusions indicate an abundance of opportunities but also highlight the combination of new and existing challenges that will redefine the contours of economies, societal structures, governance and defence.

    The work identifies six key interconnected drivers of change that are most likely to determine what the future might look like. These are: global power competition; demographic pressures; climate change and pressure on the environment; technological advances and connectivity; economic transformation and energy transition; and inequality and pressure on governance.

    ‘Global Strategic Trends: Out to 2055’ has been produced with cross-government support and international collaboration. Thousands of individuals were engaged during the research and writing process along with numerous national governments and several multilateral organisations, including NATO.

    Background

    • The first edition of GST, published in 2003, was designed to support the development of the MOD’s Future Strategic Context for Defence and subsequent White Papers. Since then, each edition has served to inform the various iterations of top-level strategic documents.

    Updates to this page

    Published 27 September 2024

    MIL OSI United Kingdom

  • MIL-OSI USA: Klobuchar Statement on Meeting with Ukrainian President Volodymyr Zelensky

    US Senate News:

    Source: United States Senator Amy Klobuchar (D-Minn)
    WASHINGTON, D.C. – Today, Senator Klobuchar along with Leader Schumer (D-NY), Leader McConnell (R-KY), and Senators Bennet (D-CO), Blumenthal (D-CT), Boozman (R-AR), Cardin (D-MD), Cornyn (R-TX), Durbin (D-IL), Graham (R-SC), Hoeven (R-ND), Kelly (D-AZ), Murkowski (R-AK), Reed (D-RI), Risch (R-ID), Schatz (D-HI), Shaheen(D-NH), Sullivan (R-AK), and Wicker (R-MS) hosted Ukrainian President Volodymyr Zelensky in the Capitol. 
    Download photos here.
    “Despite Vladimir Putin’s relentless assault, Ukraine continues to stand strong and stand up for democracy. I came together with colleagues on both sides of the aisle to meet with President Zelensky for an update on Ukraine’s defense efforts. With tremendous fortitude, the Ukrainian people are fighting against authoritarianism and Russian aggression, and together with democracies around the world, we will continue to stand with them.”
     

    MIL OSI USA News

  • MIL-OSI Russia: Alexey Overchuk: In December, the Union State turns a quarter of a century old – during this time, it has managed to build coordinated interaction in all areas of cooperation

    MILES AXLE Translation. Region: Russian Federation –

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

    A meeting of the High-Level Group of the Council of Ministers of the Union State took place.

    Previous news Next news

    Alexey Overchuk, together with the Head of the Administration of the President of the Republic of Belarus Dmitry Krutoy, held a meeting of the High-Level Group of the Council of Ministers of the Union State

    Deputy Prime Minister of the Russian Federation Alexey Overchuk, together with Head of the Administration of the President of the Republic of Belarus Dmitry Krutoy, held a meeting of the High-Level Group of the Council of Ministers of the Union State of Russia and Belarus. The event was held in Minsk with the participation of State Secretary of the Union State Dmitry Mezentsev, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Belarus Boris Gryzlov, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation with the powers of Deputy Prime Minister of the Republic of Belarus Alexander Rogozhnik, representatives of relevant ministries and departments of the Russian Federation and the Republic of Belarus.

    The Co-Chairs of the High-Level Group reviewed the progress of joint work aimed at strengthening trade and economic cooperation between Russia and Belarus, paying particular attention to the development of railway transport and infrastructure, passenger service, cargo delivery, industry, digital access to the markets of the two countries and other issues requiring joint solutions.

    “This year is significant for our fraternal countries: in December, the Union State turns a quarter of a century old. During this time, we have managed to build coordinated interaction in all areas of cooperation. The results of this large-scale work are expressed in the indicators of our mutual trade and the development of the economies of our countries, and this is an increase in the number of jobs and incomes of our people,” noted the Deputy Prime Minister.

    The parties discussed issues of strengthening the transport links between the two countries. According to Alexey Overchuk, Russia and Belarus have good prospects and large reserves for developing rail links between large border centers. At the same time, the development of rail links will require changes to the legal framework of the union to ensure seamless transportation and convenience for citizens of both countries.

    Joint work in the field of import substitution has been continued. The selection of import substitution projects for implementation using Russian government credit in the amount of 105 billion rubles has been completed.

    The countries are developing interregional cooperation. In June 2024, the XI Forum of Regions of Russia and Belarus was held. More than 250 documents worth a total of about 30 billion rubles were signed on the sidelines of the forum, including 30 interregional and 25 municipal agreements.

    In the period from the end of March 2022 to August 31, 2024, a total of 6,758 foreign trade contracts were concluded by enterprises from 75 constituent entities of the Russian Federation with Belarusian partners for a total of about 180 billion rubles. Several thousand enterprises of both countries are included in the system of cooperation interaction, carry out mutual deliveries of raw materials, materials and components.

    During the meeting of the High-Level Group, the joint work of Russia and Belarus in the field of tourism development was noted – the 2023 figures for the entry of Belarusian tourists into Russia were almost twice as high as the 2022 figures – from 126 thousand to 247 thousand trips. For the first half of 2024, the tourist flow from Belarus to Russia amounted to 111 thousand trips, exceeding the figures for the same period last year by more than half (in 2023 – 73 thousand trips).

    In order to support the tourist flow, new air routes have been introduced: from April 3, 2024, a regular flight from Brest to Moscow was launched, and from April 26 – Minsk – Makhachkala.

    To develop tourism within the Union State, a project is being prepared to create a tourist information center for the Union State. The location for the center in Smolensk has been agreed upon.

    An important area of Russian-Belarusian cooperation is deepening integration in the Union State. “We are working together to implement the new Main Directions for the Implementation of the Provisions of the Treaty on the Establishment of the Union State from 2024 to 2026. We have detailed the main document and in June approved 31 action plans aimed at the phased implementation of the planned goals,” said Alexey Overchuk.

    The Ministries of Economy of the parties are assessing the effects of the implementation of previous integration documents and the work being carried out.

    The meeting also reviewed the progress of the implementation of protocol decisions taken at the Union State venue. Work continued on preparing and holding meetings of the Council of Ministers of the Union State and the Supreme State Council of the Union State.

    As a result, the Standing Committee of the Union State was instructed to ensure coordinated work on the implementation of the agreements reached.

    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/52822/

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

    MIL OSI Russia News