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Category: Scandinavia

  • MIL-OSI Europe: EU supports Breast Cancer Awareness Month

    Source: European Union 2

    “Don’t miss a single screening – not even by a month,” says Maria, vice-president of a volunteer cancer support group in her workplace in Brussels. Maria was diagnosed with cancer in 2013 at the age of 38 through a routine check. “I was on sickness leave for a year and required heavy surgery. I was the youngest person in the hospital where I was treated – the age at which you can develop cancer is dropping dramatically.”

    October is Breast Cancer Awareness month, an opportunity to raise awareness of the disease, provide support to women with breast cancer and to highlight how early screening can significantly improve the chances of a successful outcome.  

    The EU plays an active part in this battle to beat breast cancer. As part of its European Health Union strategy, it has put in place a Beating Cancer Plan. Through it, it is working on meaningful change in EU countries to achieve better cancer prevention, treatment, care and quality of life for all EU citizens. In 2022, new updated screening guidelines were adopted based on the latest scientific evidence for breast, colorectal and cervical cancer. The EU’s goal is to offer screening to 90% of the eligible target population across the EU.  

    Currently, breast cancer accounts for almost 30% of all diagnosed cancers in women in the EU. There are, however, marked differences in screening participation among countries and population groups. In 2022, the EU set up the first-ever European Cancer Inequalities Registry, to identify trends, disparities, and inequalities between and within EU countries and regions. The results feed into the EU’s future policies and investment in breast cancer treatment. 

     “I was on my own when I was diagnosed,” says Valentina, who is a member of Maria’s cancer support group.  “The support group became like a second family to me. Life is made easier when you share with other people. Just a nice word from a colleague can make all the difference.” The group has 200 members, who have either had or have cancer or caregivers to people with cancer. 

    “Everyone should try to organise such a group,” says Valentina. The group provides support from advice on how to navigate “the sea of procedures” surrounding getting cancer treatment to laying on yoga classes and walks in the woods. Valentina stresses the importance of physical activity in improving energy levels following cancer treatment. “I was not really sporty before cancer,” she says with a laugh, “but now I’m exercising every weekend.” 

    As part of her recovery, Valentina signed up to a local scheme in Belgium which encourages women with breast cancer to engage in group physical activity to help them heal and reduce the risk of cancer recurrence. Valentina walked just over 100km in Iceland with a group of 10 women. “Even with a very heavy workload, I felt so energised when I found out I could take part.” The group called themselves Les Amazones. “We discovered only afterwards that the Greeks had made up an etymology, claiming it derived from a-mazos – without a breast.  These fearsome women cut off their right breasts to remove an obstruction to the bowstring,” explains Valentina.

    A fellow cancer support group member, Alice, was initially diagnosed with breast cancer while working in Niger. “I had just finished breast feeding my 15-month-old daughter and it was the beginning of COVID. The doctor told me to go back to Europe to get a biopsy and I took the last flight before the airport was closed for several weeks. Unfortunately, the biopsy was positive and my treatment began. In Niger, women do not have the same opportunities.” How does she feel about the experience now? “I’m lucky I was born in Europe,” she says. 

    For more information 

    A cancer plan for Europe 

    European Health Union 

    #GetScreenedEU campaign, with information about cancer screening programmes in EU countries 

    Cancer Screening, Diagnosis and Care

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Security: Operation Narsil disrupts network of child abuse websites designed to generate profits from advertising

    Source: Interpol (news and events)

    3 August 2023

    Tracking the money made by perpetrators and preventing the revictimization of children

    LYON, France — INTERPOL has concluded a two-year global operation to bring to justice criminals operating networks of child sexual abuse websites designed to generate profits from advertising.

    Running from December 2021 to July 2023, Operation Narsil also targeted the finance mechanisms used by the website administrators to conduct their online advertising campaigns.

    Over two years, INTERPOL member countries worked together using INTERPOL’s Worst of List (IWOL), sharing targeted intelligence, pinpointing suspects and coordinating arrests of the people managing the websites.

    Created in 2010, IWOL contains a watchlist of websites containing extreme child abuse material.  The General Secretariat headquarters works with law enforcement in all regions so that national Internet service providers close down these websites.

    “Operation Narsil sends a strong message to the criminals making money from these websites that INTERPOL, and its alliance of police forces in 195 member countries, know where they are, what they are doing, and how to find them,” said Jürgen Stock, INTERPOL Secretary General.

    “Every time a person clicks on these images, they are effectively entering a crime scene. Identifying and removing these websites reduces the availability and potential normalization of online child abuse material, and, most importantly, reduces the re-victimization of the children abused,” added Secretary General Stock.

    Worldwide crime trend

    In one case, a brother and sister, both in their early thirties, were arrested as a result of IWOL digital clues and intelligence provided by the global police community pointing investigators to the suspects in Argentina.

    Investigations by Argentina’s Victim Identification Office in the Anti Cyber Crimes against Minors Division and the Specialised Cybercrime Prosecution Unit (UFECI), working with Federal Courts in Mendoza Province, led to the identification and arrest of the two suspects.

    Fourteen electronic devices were seized from their home as well as cash and credit cards. The siblings are thought to have created, maintained and financially benefitted for more than a decade from websites featuring child sexual abuse material and associated advertising campaigns.

    “Given the technological complexities of this case and the degree to which the criminal activity went undetected, these arrests highlight the importance of police cooperation across regional, national, and international borders,” said the Head of Argentina’s Federal Police, Juan Carlos Hernandez, who also serves as delegate for the Americas on INTERPOL’s Executive Committee.

    Argentina’s Federal Police search electronic devices seized during Operation Narsil for child abuse images

    Officers of Argentina’s Federal Police review materials seized during Operation Narsil

    Argentina’s Federal Police reviewing seized materials

    Officers of Argentina’s Federal Police review visitor statistics to the suspect’s sites

    “With synchronized arrests across continents, this operation confronted global networks that profit from child abuse images and videos. INTERPOL is a strong global network of officers fully committed to putting an end to the online abuse of children, and we applaud the action and incredible results countries have achieved in Operation Narsil,” added Argentina’s Police Chief.

    Local crime, global cooperation

    Working with the Prosecutor’s Office, Bulgarian law enforcement identified and arrested a 34-year-old man who made his living operating an online forum that facilitated the sharing of child sexual abuse materials.

    Bulgarian Police closed the online forum he had been running since 2020 and which is thought to have facilitated access to thousands of media files depicting serious child sexual abuse material.

    Following the arrest, investigations are ongoing to identify forum users.

    In one case during the Russian leg of Operation Narsil, police authorities arrested two 24-year-old citizens for the production and online circulation of materials depicting the sexual violation of minors. Authorities searched the suspects’ homes, seizing computer equipment containing specialized software for creating and administrating websites, and removable hard drives containing child sexual abuse material.

    With the support of US Homeland Security Investigations, Thai police arrested a 45-year-old Thai national for the possession and online distribution of child sexual abuse material. His arrest came after police executed a search warrant at his residence, uncovering large amounts of child sexual abuse material and financial transaction records associated with online distribution of the abuse photos.

    Narsil – meaning a longsword which tackles all evil – is one of the first INTERPOL operations to focus on identifying, locating and arresting the people receiving advertising revenues from website visitors interested in viewing the site’s child sexual abuse content.

    INTERPOL has been monitoring websites disseminating child sexual abuse imagery for more than 13 years and, in collaboration with law enforcement partners across the world, has seized more than 20,000 domains.

    Operation Narsil involved investigations triggered by law enforcement in Austria, Argentina, Belarus, Bulgaria, Canada, Cyprus, Estonia, France, Germany, Italy, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Moldova, Netherlands, New Zealand, Norway, Poland, Romania, Russia, Singapore, Spain, Switzerland, Thailand, United Kingdom and United States.

    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Europe: Briefing – Confirmation hearings of the Commissioners-designate: Henna Virkkunen – Executive Vice-President for Tech Sovereignty, Security and Democracy – 15-10-2024

    Source: European Parliament

    Henna Virkkunen is a Finnish politician and member of the National Coalition Party, which is affiliated with the European People’s Party group in the European Parliament. She has been a Member of the European Parliament since 2014, serving inter alia on the Committees on Industry, Research and Energy (ITRE), and Transport and Tourism (TRAN). She was also a member of the Committee of Inquiry investigating the use of Pegasus and equivalent surveillance spyware (PEGA) and the Special Committee on Artificial Intelligence in a Digital Age (AIDA). In Parliament, Virkkunen has worked on various technology and cybersecurity dossiers such as the Digital Services Act, the Cyber-Resilience Act and the Connecting Europe Facility. Before her election to the European Parliament, Virkkunen was a member of the Finnish Parliament (2007-2014) and was part of the Finnish government as minister for education and science, minister for public administration and local government, and transport minister. Born in 1972 in Joutsa, Finland, Virkkunen holds master’s (2001) and bachelor’s degrees (2000) from the University of Jyväskylä. This is one of a set of briefings designed to give an overview of issues of interest relating to the portfolios of the Commissioners designate. All these briefings can be found at: https://epthinktank.eu/commissioner_hearings_2024.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Africa: World Future Economy Digital Leaders Summit debuts at GITEX GLOBAL, shaping the future global tech and policy landscape

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

    DUBAI, United Arab Emirates, October 15, 2024/APO Group/ —

    Government officials, global industry leaders and experts gathered in Dubai for the opening day of the World Future Economy Digital Leaders Summit on Monday as conversations began about charting a course for AI Compute-Driven economic transformation.

    GITEX GLOBAL, the world’s largest tech event, got underway at Dubai World Trade Centre (DWTC), as topics on ‘Tech Investment Day’ centred around the next-gen semi-conductors market, which is expected to be valued USD $1 trillion by 2030, and the future of data governance. The mega event is under the theme of ‘Global Collaboration to Forge a Future AI Economy’.

    The World Future Economy Digital Leaders Summit comes at a time where UAE is accelerating its efforts in adopting AI in different sectors. Last year, the country’s AI market was valued (https://apo-opa.co/3zPf3HZ) at USD $3.47 billion. H.E. Abdullah Bin Touq Al Marri, Cabinet Member & Minister of Economy at UAE’s Ministry of Economy, explained the importance of AI and how it is central to the country’s economic future.

    Addressing the audience, he highlighted AI is a major driver for the future and is already impacting our everyday lives whether it is transportation or ordering food but to propel growth even further across different sectors, people and companies need to learn how to enable AI effectively.

    This year’s GITEX GLOBAL has attracted its largest international participation with 40% growth, welcoming new nations to the 44th edition of the showpiece event. Europe has a major presence this week, the biggest in the event’s history with the region’s tech industry projected to grow by 12% by the end of this year.

    Stephane Ouaki, Head of Department at European Innovation Council outlined how the continent is accelerating its tech ecosystem. He said the Council is supporting game-changing innovations, giving entrepreneurs access to opportunities to enhance their knowledge, and learn from other professionals to boost the growth of their businesses which benefits not only economies nationally but also regionally.

    Ignacy Niemczycki, Undersecretary of State Ministry of Economic Development and Technology of Poland, delivered a presentation on how the country is embracing technology. He said: “Our culture is a key pillar in our journey of being a tech leader and we have a stable economy which has been very resilient for the last 30 years.

    “More importantly, there is a real interest in the STEM field – if you ask most people in Poland, their choice would be to become an software engineer and this has created a situation where we have one of the best IT programmers in the world with some great tech entrepreneurs already from Poland.”

    Attendees also heard from Dr. Jaroslaw Kutylowski, the founder and CEO of DeepL a German-leading global language AI company, on how his business utilises large language models (LLMs). He said: “The models that we have been building have all stayed true to our products which has brought us success so far. As the company has been growing, we have been able to invest more into compute technologies and have built a data centre facility in Sweden. However, we need to keep innovating and see what the next step is. If we do not think ahead, we would be in the same position as we are today.”

    Meanwhile, Heman Bekele, who was named TIME’s 2024 Kid of the Year for inventing a potential treatment for skin cancer, shared his inspiring story. He explained how the failures that he experienced in life in producing his innovative soap product has made him a stronger individual and passion has a been a key attribute to his career success so far.

    Taking place at Dubai World Trade Centre (DWTC) until 18 October, GITEX GLOBAL presents its biggest, most international edition in its 44th year, welcoming over 6,500 exhibitors, 1,800 startups, 1,200 investors alongside governments from more than 180 countries.

    GITEX GLOBAL is seamlessly connecting with world’s largest network of tech events with its stellar list including GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX AFRICA Morocco, and GITEX NIGERIA. These events are fostering collaboration and driving innovation to shape the tech landscape of tomorrow.

    For more information on GITEX GLOBAL 2024 and to secure your passes, please visit http://www.GITEX.com.

    MIL OSI Africa –

    January 23, 2025
  • MIL-OSI USA: Stauber Introduces Legislation to Award Congressional Gold Medals to the “Miracle on Ice” Olympic Hockey Team

    Source: United States House of Representatives – Congressman Pete Stauber (MN-08)

    Washington, D.C. – Today, Congressman Pete Stauber (MN-08) introduced the Miracle on Ice Congressional Gold Medal Act, which would award 3 Congressional Gold Medals to the members of the 1980 United States Olympic Men’s Ice Hockey Team for their historic victory over the Soviet Union in the 1980 Winter Olympics. One of the Congressional Gold Medals will be placed on display in Minnesota’s Eighth Congressional District at the United States Hockey Hall of Fame in Eveleth, Minnesota. Joining Congressman Stauber in its introduction are Republican Conference Chair Elise Stefanik (NY-21), Congressman Mike Quigley (IL-5), and Congressman Bill Keating (MA-9). Congressman Stauber released the following statement:

    “The Miracle on Ice team unified our nation during a time of deep political tension. These young men fearlessly defeated the Soviet Union, which was at the time one of the greatest hockey teams to ever play. Their grit, determination, and pure patriotism inspired the world.

    I am honored to introduce this legislation because 12 players on this team and their legendary coach were Minnesotans. Minnesotans played an integral role in defeating the Soviet Union, and these men should forever be remembered as American hockey heroes.”

    “It is an honor to represent Lake Placid where our 1980 United States Olympic Hockey Team taught our nation how to believe in miracles when they defeated the dominant Soviet Union hockey team during the Cold War. Our North Country community is proud to be home of this historic and inspiring event and as we work to commemorate the 50th anniversary of the “Miracle on Ice,” this legislation honors our Olympic victors for their legendary achievement,” saidCongresswoman Elise Stefanik.

    “As a lifelong hockey fan, I remember watching the “Miracle on Ice” game and the wave of inspiration experienced across the country. With that win, our team and our nation showed the world that democracy will always prevail over tyranny – on and off the ice. These medals are yet another chance to show the world where we stand in the fight for freedom. Despite the immense pressure they faced, their determination was more powerful. Now, their historic win can be honored and celebrated for decades to come.” SaidCongressman Mike Quigley.

    “The 1980 U.S. Men’s Hockey Team showed the world that hard work and determination can overcome even the greatest odds, and their triumph at Lake Placid inspired our nation,” said Congressman Bill Keating. “Their victory remains a timeless symbol of teamwork and unity in the face of adversity, and the Congressional Gold Medal will serve to both recognize their great achievement and inspire the next generation of hockey greats.”

    “We applaud the introduction of the Miracle on Ice Congressional Gold Medal Act and appreciate the work done by Representatives Stauber, Stefanik, Quigley and Keating,” said Pat Kelleher, executive director of USA Hockey. “The 1980 U.S. Olympic Men’s Hockey Team is most deserving of receiving the Congressional Gold Medal. Their unlikely run to the gold medal in Lake Placid, which included a historic win over the Soviet Union, inspired our nation at what was a very trying time. We encourage fans to contact their congressional representatives in support of this bill and its passage.”

    “The most special moments in sports actually transcend the playing surface. Truly rare are those that captivate an entire nation and still resound nearly half a century later. The 1980 U.S. Olympic Men’s Hockey Team’s stunning victory over the Soviets in Lake Placid, N.Y., and its gold medal-clinching triumph over Finland two days later comprise perhaps the most memorable and impactful achievement in the history of athletics. We at the National Hockey League enthusiastically support the introduction of the Miracle on Ice Congressional Gold Medal Act and look forward to its passage in Congress and eventual signing by the President.” Said NHL Commissioner Gary Bettman.

    Background – On February 22, 1980, the U.S. Olympic Men’s Ice Hockey Team defeated the Soviet Union in Lake Placid, New York. This game is now known as the “Miricle on Ice.” The United States team was comprised of amateur college athletes, while the Soviet Union’s team was comprised of some of the best players to ever play the game. Prior to this game, the Soviet Union had not lost an Olympic game since 1968. The United States had only one returning Olympic athlete.

    Eight years after this game, Congressman Stauber and the Lake Superior State University Division 1 hockey team won the National Championship at the same rink in Lake Placid, New York.

    Congressman Stauber and Congressman Quigley are co-chairs of the Congressional Hockey Caucus.

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI: Ress Life Investments A/S: Ress Life Investments A/S publishes Net Asset Value (NAV)

    Source: GlobeNewswire (MIL-OSI)

    Ress Life Investments
    Nybrogade 12
    DK-1203 Copenhagen K
    Denmark
    CVR nr. 33593163
    http://www.resslifeinvestments.com

    To: Nasdaq Copenhagen
    Date: 30 September 2024

    Corporate Announcement 32/2024

    Ress Life Investments A/S publishes Net Asset Value (NAV).

    Ress Life Investments A/S publishes the Net Asset Value (NAV) per share as of 30 September 2024.

    NAV per share in USD: 2536.65
    NAV per share in EUR: 2265.68

    The performance during September is 0.82% in USD. The year-to-date net performance is 4.08% in USD.

    Assets under management (AUM) was 305.2 million USD.    

    The NAV per share in EUR, 2265.68, is calculated as the USD NAV divided by the EUR/USD exchange rate as of 30 September 2024 which was 1.1196.

    To calculate the present EUR NAV, divide the most recent USD NAV with the current EUR/USD exchange rate.

    Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB.

    Contact person:
    Gustaf Hagerud
    gustaf.hagerud@resscapital.com
    Tel + 46 8 545 282 27

    Note: The terms for subscription of shares, minimum subscription amount and redemption of shares are provided in the Articles of Association, Information Brochure and in the Key Information Document available on the Company’s website, http://www.resslifeinvestments.com.

    Attachment

    • Ress Life Investments AS – Company Announcement 32-2024

    The MIL Network –

    January 23, 2025
  • MIL-OSI: JLT Mobile Computers appoints Tejal Ranjan to drive the company’s US partner marketing strategy and accelerate growth

    Source: GlobeNewswire (MIL-OSI)

    Tejal Ranjan joins JLT as Vice President of Marketing – North America

    Växjö, Sweden, October 15, 2024 * * * JLT Mobile Computers, a leading supplier of rugged computing solutions, is pleased to announce the appointment of Tejal Ranjan as Vice President of Marketing – North America. With extensive experience in supply chain, partner marketing, customer success, and demand generation, Tejal will lead the transformation and acceleration of JLT’s US partner strategy. Further, she will play a pivotal role in the global team, creating a unified go-to-market strategy that establishes a consistent foundation across all geographies while addressing the unique challenges and demands of each region. This strategic move is designed to position JLT for significant growth in the Vehicle-Mounted Computers and Rugged Computer markets, capitalizing on the substantial opportunities the industry offers.

    Further developing their partner-based go-to-market strategy is critical for JLT’s continued expansion in the rugged computing space. By leveraging the expertise and reach of partners, JLT will scale its operations more effectively, gain wider market coverage, and create a robust ecosystem capable of meeting the rising demand for rugged computing solutions.

    “We are thrilled to have Tejal join JLT,” said Per Holmberg, CEO of JLT Mobile Computers. “Our partner-based market approach is key in acquiring new customers and unlocking future growth. This strategy will not only enhance our presence in our target markets, but also build shareholder value as we strengthen our position globally. And Tejal’s experience in partner marketing, and demand generation, along with deep understanding of the supply chain industry will be instrumental in driving growth and expanding our partner ecosystem in the US, as well as globally.”

    The demand for rugged computing devices continues to grow as they enhance operational efficiency in key sectors like warehousing and logistics. By working closely with JLT, partners deliver comprehensive, cost-effective solutions that drive productivity, reliability, and value for end-users across industries like logistics, manufacturing, and warehousing. JLT’s renewed partner program will empower partners to capture a significant share of this expanding market.

    “I’m excited to join JLT at this pivotal time,” said Tejal Ranjan. “By focusing on channel-led growth, there’s potential to deliver greater value, enabling our partners to achieve their goals while expanding JLT’s footprint in existing and new markets.” I look forward to contributing and applying my experience to build a more robust and engaged partner ecosystem in the US and Globally. By focusing on delivering value, we will not only drive stronger business outcomes but also help our partners unlock new growth opportunities.”

    With a renewed focus on channel strategy, JLT is well-positioned for future growth, benefiting both partners and investors alike. For more information about JLT Mobile Computers, its products and solutions, please visit jltmobile.com.

    About JLT Mobile Computers

    Reliable performance, less hassle. JLT Mobile Computers is a leading supplier of rugged mobile computing devices and solutions for demanding environments. Almost 30 years of development and manufacturing experience have enabled us to set the standard in rugged computing, combining outstanding product quality with expert service, support and solutions to ensure trouble-free business operations for customers in warehousing, transportation, manufacturing, mining, ports and agriculture. JLT operates globally from offices in Sweden, France, and the US, complemented by an extensive network of sales partners in local markets. The company was founded in 1994, and the share has been listed on the Nasdaq First North Growth Market stock exchange since 2002 under the symbol JLT. Eminova Fondkommission AB acts as Certified Adviser. Learn more at jltmobile.com.

    Attachment

    • Tejal Ranjan

    The MIL Network –

    January 23, 2025
  • MIL-OSI USA: Secretary of Defense Lloyd J. Austin III Hosts Enhanced Honor Cordon and Bilat for Denmark’s MoD Poulsen at the Pentagon

    Source: United States Department of Defense

    SECRETARY OF DEFENSE LLOYD AUSTIN: Well, Mr. Poulsen, it’s an honor to host you at the Pentagon. And Denmark is a close and longstanding ally, and we appreciate Denmark’s many contributions to our shared national security interests. We’re grateful for your country’s continued support of Pituffik Space Base in Greenland. It’s our northernmost military installation, and it performs vital space and missile defense missions.

    Now, the US and Denmark also stand united in helping Ukraine defend itself against Putin’s cruel war of aggression. So, Mr. Minister, thanks for everything that you’re doing to support the Ukrainian people and their military. Denmark may be a small country, but it’s one of the top financial donors to Ukraine as a percentage of GDP.

    Denmark has also led the way in finding innovative solutions to meet Ukraine’s operational requirements. And you have stepped up as a co-leader of the Air Force capability coalition of the Ukraine Defense Contact Group, alongside my country and the Netherlands. So, thanks for leading the way on providing F-16s to Ukraine and training their pilots.

    Last December, the US signed a defense cooperation agreement with Denmark, and so I look forward to building on this momentum and deepening our bilateral defense partnership. Our countries both believe that our democratic values and our close defense cooperation are vital for peace, prosperity, and security in the North Atlantic. So, I appreciate Denmark’s increasing role in regional defense, and I applaud Denmark’s commitment to meet the pledge that all NATO members took to invest at least 2 percent of your GDP in defense this year.

    Mr. Minister, thanks again for making the trip. I look forward to a great conversation. Over to you.

    DENMARK MINISTER OF DEFENSE TROELS LUND POULSEN: Thank you very much, and thank you for the warm welcome here at the Pentagon. Secretary of Defense Lloyd Austin, it is a great honor for me to be here, and also having the possibility to talk to you about some of the most crucial elements right now.

    And as you just mentioned, Denmark and the US have a long-lasting cooperation. And you are indeed a very warm and also strong ally for Denmark, and we very much support you in that. And I hope that we also could continue that support in the future.

    Thank you also for what you personally have been doing since 2022 at the Ramstein meetings. It is indeed a great honor for me to participate in these meetings, and also the great support from the US to Ukraine and also the very needed support for the fight for freedom for the people of Ukraine. I think you have personally done an outstanding job, and thank you so much for that.

    We are also looking into new discussions. New NATO targets will arrive next year. Denmark will be very active also to deliver on these targets. I think you’re also aware that Denmark is now being able to spend 2.4 percent of the GDP on defense. We will continue doing that also in the future.

    And I have also said to you before that I think Europe have to spend more on our own defense, and then we will also be an important player in that discussion. Denmark can do more in the future, but I also think that Europe should do more for our own security. We cannot depend on US. We should do more, Europe, in context for our own defense.

    Let me also just recognize the close cooperation that we have. You mentioned Pituffik Air Base. I think you will have also strong cooperation in the future. Also among the Kingdom of Denmark, we have the Faroe Islands and also Greenland, and then of course also Denmark. We can do even more together, and we will be happy to do that together with the US.

    And let me just conclude saying that we are also having soldiers in Latvia, 800 soldiers. I paid a visit to them last week. And we will also be active in doing even more in the future to help our friends in the Baltic area securing their security.

    So, once again, thank you so much for having us here today. It’s a great honor for us to be here.

    SECRETARY AUSTIN: Mr. Minister, welcome, and thanks for making the trip. And I look forward to a great conversation. Thanks, everybody.

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI Europe: Written question – Revision of the Land, Land Use Change and Forestry (LULUCF) Regulation – E-002007/2024

    Source: European Parliament

    Question for written answer  E-002007/2024
    to the Commission
    Rule 144
    Alice Teodorescu Måwe (PPE)

    The revised LULUCF Regulation is posing increasing problems for forestry throughout Europe. In Sweden, where forests are supposed to provide the EU’s largest carbon sink, forest operators are expected to drastically reduce their harvesting in order to meet the 2030 target. Operators are already testifying that the transition will lead to job losses in sparsely populated areas, which will affect prosperity, while at the same time encroaching on property rights. In addition, the Regulation does not take account of the significant contribution of wood and paper products and bioenergy to Swedish and European competitiveness and, by extension, to our green transition.

    Accordingly:

    • 1.Is the Commission planning any further measures so as to ensure that, alongside the goal of a green transition, industries that play a significant role in boosting European competitiveness are not hard-hit by LULUCF targets?
    • 2.Does the Commission see any possibility of taking a more differentiated approach to implementing or reassessing the LULUCF Regulation that takes account of the disproportionate economic and social burdens on Member States, but also takes account of Member States’ differing circumstances?

    Submitted: 9.10.2024

    Last updated: 15 October 2024

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 15.10.2024

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    15 October 2024 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 15.10.2024

    Espoo, Finland – On 15 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 1,793,972 4.07
    CEUX 465,034 4.07
    BATE – –
    AQEU – –
    TQEX – –
    Total 2,259,006 4.07

    * Rounded to two decimals

    On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing the number of shares to be repurchased during the year 2024. The post-increase repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 22 July 2024 and end by 31 December 2024 with a maximum aggregate purchase price of EUR 600 million for all purchases during 2024.

    Total cost of transactions executed on 15 October 2024 was EUR 9,195,510. After the disclosed transactions, Nokia Corporation holds 169,913,637 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    Attachment

    • Daily Report 2024-10-15

    The MIL Network –

    January 23, 2025
  • MIL-OSI Asia-Pac: Day 2 of the 19th International Conference of Drug Regulatory Authorities Workshop Concludes at Yashobhoomi, New Delhi

    Source: Government of India (2)

    Posted On: 15 OCT 2024 6:58PM by PIB Delhi

    The second day (15th October 2024) of 19th International Conference of Drug Regulatory Authorities (ICDRA) workshop happening in Yashobhoomi Convention Centre, Dwarka, New Delhi, concluded today. There were a number of technical presentations and moderated panel discussion on the regulatory framework of various regulatory agencies across the world.

    Yesterday, Shri Jagat Prakash Nadda, Union Minister of Health & Family Welfare inaugurated the 19th ICDRA. The event which is being hosted for the first time in India, from 14th – 18th October 2024 by the Central Drugs Standard Control Organization (CDSCO), Ministry of Health and Family Welfare, in collaboration with the World Health Organization (WHO) brought together regulatory authorities, policymakers, and health officials from different WHO member states.

    The purpose of 19th ICDRA is to facilitate focused discussions on quality issues, regulatory reforms and strengthening regulatory systems, safety of medical products, detection, prevention and response to substandard and falsified medical products, access to quality medical products, smart regulation of clinical trials, regulatory collaboration, harmonization, rationalization and reliance, access to new and novel technologies, regulation of novel medical products, regulation of herbal medicines, etc.

    During the workshop, co-moderators, Speakers and panellists from different countries like Singapore, Switzerland, South Africa, Brazil, Uganda, Tanzania, Netherlands, Canada, Zambia, Zimbabwe, Thailand, El Salvador, Nigeria, USA, Ghana, Kenya, Botswana, Denmark, and India delivered presentations on a range of issues like Access to Medical Products, Quality of Pharmaceutical Starting Materials, Regulation of Advanced Therapy Medicinal Products and Replacing, Reducing and Refining dependence on animal studies, Improving Access to Medical Devices (including IVDs) Through Prequalification and Reliance and Prequalification of Medical Products etc. The African Medicines Agency provided update on the operationalisation of the AMA.

    The main objective of the presentations was to discuss the impact of facilitated product introduction pathways on increasing access to medical products. They aimed to promote awareness of the dimensions and impact of issues related to the quality of pharmaceutical starting materials, sharing experiences, approaches, and interventions from regulators and other stakeholders, with a focus on high-risk starting materials. The presentations also sought to promote the establishment of robust regulatory frameworks for Advanced Therapy Medicinal Products, raise awareness and create opportunities for replacing, reducing, and refining reliance on animal studies, and provide information on the WHO prequalification of IVDs. Additionally, they explained the processes of reliance and recognition through prequalification and the Collaborative Registration Procedure (CRP), while addressing the successes and challenges of implementing reliance for IVD pre-market approval, and promoting the WHO Prequalification of Medicines (WHO PQT).

    The presentations were followed by moderated panel discussions, Q&A sessions and finalization of recommendation/suggestions.

    ***

    MV

    HFW/ 2nd Day of ICDRA /15th October 2024/1

    (Release ID: 2065079) Visitor Counter : 41

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Economics: DG Okonjo-Iweala: Members need to “continue to be constructive” to achieve outcomes

    Source: World Trade Organization

    “We need to continue to be constructive and to keep in our sights that we are here to achieve outcomes,” DG Okonjo-Iweala told members, citing positive discussions on several issues under negotiation.

    On agriculture, the DG said she was grateful for the positive discussion that took place at the Trade Negotiations Committee meeting on 10 October, which focused on advancing the agriculture negotiations.

    The DG said she, the General Council chair — Ambassador Petter Ølberg (Norway) — and the chair of the agriculture negotiations — Ambassador Alparslan Acarsoy (Türkiye) — would be meeting with members shortly in order to respond to some of the questions posed during the meeting and find an agreement on a process for moving the negotiations forward.

    “We can’t accept this important negotiation to be stalemated,” the DG said. “It’s been so for two and a half decades … let’s try and take it very seriously and find a way through.”

    On fisheries subsidies, the DG welcomed progress on acceptances of the Agreement on Fisheries Subsidies concluded in 2022 and noted that only 25 more acceptances are needed to ensure entry into force of the Agreement, with a number of additional acceptances expected in the days and weeks ahead. 

    She also underlined that members were “almost there” with regards to a deal on the second part of the Agreement, which aims to address subsidies contributing to overcapacity and overfishing.  “There are some issues, not many, and some members who need more work to be done so that we can push towards a conclusion,” she said.

    On development, the DG said she was happy that the work has resumed on special and differential treatment proposals at an 11 October meeting of the Committee on Trade and Development. To keep up the momentum and to work towards more concrete results, members should achieve as many results as possible in Geneva rather than waiting for the next Ministerial Conference, she told members.

    On dispute settlement reform, the DG noted that reform of the system was a “collective desire of every member in this room,” the importance of which was underlined at recent meetings of the Group of 20 foreign ministers and the UN General Assembly meeting in New York.

    She thanked the facilitator and co-coordinators of the reform talks for their efforts. “I hope we can continue to push along the work,” she said. “I know it’s not easy, and it requires a lot of listening, but slow and steady is what we need until we can get to where we want.”

    On investment facilitation for development (IFD), DG Okonjo-Iweala noted the continued discussions on the proponents’ request to incorporate the IFD Agreement into the WTO framework. The DG said she welcomed the tone of the exchanges at the General Council meeting and said she detected a “willingness to dialogue” and continue to find a solution among the membership.

    Share

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI China: NHC vice-minister meets with president of Swedish Karolinska Institutet

    Source: People’s Republic of China Ministry of Health

    Cao Xuetao, vice-minister of China’s National Health Commission (NHC), met with Annika Östman Wernerson, president of the Karolinska Institutet of Sweden, in Beijing on Oct 11. The two sides exchanged views on promoting China-Sweden cooperation in healthcare.

    Cao said he appreciated the exchanges and cooperation between Karolinska Institutet and Chinese universities, research institutes and hospitals. He added that China encourages medical schools and health institutions from both countries to deepen cooperation in medical research and clinical practice, and supports Chinese institutions including the Chinese Academy of Medical Sciences to continue practical cooperation with Karolinska Institutet in prevention and treatment of chronic diseases such as cancer, medical personnel training and academic exchanges.

    He also briefed the Swedish guests about the goals and measures of health reform highlighted at the third plenary session of the 20th Central Committee of the Communist Party of China.

    Wernerson presented the progress made in collaboration between Karolinska Institutet and relevant Chinese institutions. She said her institute attaches great importance to cooperation with the related Chinese institutions, and is ready to further strengthen exchanges with the Chinese side to jointly contribute to global health development.

    Officials from relevant NHC departments and the Chinese Academy of Medical Sciences and Peking Union Medical College attended the meeting.

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI Europe: New total defence resolution for a stronger Sweden

    Source: Government of Sweden

    The Government has now presented a Total Defence Bill for the period 2025–2030. It includes substantial reinforcements of the total defence. Additional funding totalling SEK 170 billion will be allocated to the military defence and SEK 35.7 to the civil defence through 2030. These are historically large investments. Defence expenditures will therefore already reach 2.6 per cent of GDP in 2028.

    Substantial reinforcement of capabilities within the total defence 

    Russia’s brutal war of aggression against Ukraine illustrates the destruction and strains that Sweden and its Allies could face. Russia is levelling cities, attacking civilian infrastructure and treating the civilian population like  legitimate targets. The Swedish Government is now building up total defence capabilities to meet these threats. 

    The Government also intends to increase funding to the military defence and the civil defence to increase total defence capabilities so that Sweden can meet various threats such as cyberattacks and hybrid attacks. This involves working systematically to break down barriers to growth within the total defence. The Government’s aim and approach is to accelerate the pace of rearmament. Where the defence resolutions of 2015 and 2020 provided a skeletal framework, the Government’s aim with the 2024 Defence Resolution is to lend the total defence some muscles. 

    Military defence

    “This is a powerful Defence Resolution that will give the total defence more strength and better balance. Now the efforts to step up the pace of the defence’s growth continue,” says Minister for Defence Pål Jonson. 

    The Government’s strategic approach for the military defence is to rapidly build up military capability and establish military units with the necessary materiel, personnel and coordinated training to meet the demands of the current geopolitical situation. This is in line with Sweden’s ambition of being a credible, reliable and loyal Ally. Four new brigades will be in place by 2030. The number of conscripts will increase to 10 000 by 2030, and then reach approximately 12 000 between 2032 and 2035. The number of refresher training sessions will be increased to maintain skills.  

    The war organisation’s capability will be enhanced during this defence resolution period. Greater resources will be invested in renovating, modifying and extending the service life of existing materiel and filling stockpiles of ammunition, anti-aircraft munitions and supplies. New capabilities are also being introduced, including long-range capability in the form of cruise missiles, anti-ship missiles and rocket artillery.

    NATO Capability Targets

    Fighting units are the basis of Sweden’s contribution to NATO deterrence and collective defence. The NATO Capability Targets already apportioned and those expected in 2025 serve as an important starting point for shaping the Swedish war organisation. The war organisation under this Defence Resolution is line with the requirements that we are expected to meet. 

    Reinforcements for the Army

    • Supplementary purchases (updates) of combat vehicles and tanks are being made.
    • An increase of anti-aircraft capability is in progress.
    • Development of rocket artillery capability will begin. 
    • More drones are being procured.
    • Continued additions of the previously ordered 72 Archer artillery systems.

    Reinforcements for the Navy

    • An investment in the Navy is taking place in the form of increased funding to increase personnel volume. Visby-class corvettes are undergoing a mid-term modification during this defence resolution period and, in conjunction with this modification, the five surface combat vessels will be armed with anti-aircraft missile systems. 
    • In addition, the coastal missile capability will be expanded and organised into two units to increase both availability and durability. The units armed with anti-ship missiles are an important complement for protection of the Baltic Sea.
    • Procurement of new Luleå-class surface combat vessels will begin in the period 2025–2030. Once delivered, those vessels will give the Navy increased capability and capacity, and make a significant contribution to anti-aircraft capabilities.

    Reinforcements for the Air Force

    • Three qualified S106 Globaleye reconnaissance planes will be procured for the Air Force during this defence resolution period.
    • Introduction of JAS Gripen 39E fighter aircraft begins in late 2024 and continues to be introduced in the armed forces during the period 2025-2030. 
    • Additional Black Hawk HK16 utility helicopters will be procured.
    • Additional SK 50 (Grob) basic trainer aircraft will be procured.
    • The Defence Resolution accelerates Sweden’s incorporation into NATO’s Integrated Air and Missile Defence (IAMD), which consists of necessary measures for deterrence or to nullify or reduce threats from the air domain. This will be achieved in part by incorporating Sweden into a system of integrated NATO and national sensor, command and control assets.

    Reinforcement of digitalisation, innovation and research

    The Government’s proposals also include a specific focus on materiel, defence innovation and research and development aimed at producing new capabilities and ensuring self-supply. 

    • By 2027, the appropriation for technological development, research innovation and defence research (appropriation 1:4) will increase by more than 50 per cent to just over SEK 1.6 billion.
    • NATO membership also entails requirements of greater interoperability with Allies within NATO. The Government therefore proposes that the war organisation be expanded in certain parts of command and logistics and that a new category of units designated for territorial duties be introduced.
    • The Government is also enhancing Sweden’s role as a credible space actor. This will be made possible through participation in various initiatives such as space-based reconnaissance and surveillance, responsive launching and satellite communications in the Arctic region.
    • Digitalisation will be carried out within command and intelligence functions and a reinforcement of defensive and offensive cyberoperations capabilities. 

    Civil defence

    Enhanced capabilities and an accelerated pace are priorities for developing the civil defence. The Total Defence Bill outlines a historically large investment in the civil defence through an allocation of SEK 37.5 billion through 2030. 

    “With the Defence Resolution in place, the course has now been set for a to build a powerful total defence. The civil defence will be built up based on the demands of war, and we aim to swiftly build up capabilities that strengthen Sweden and make our country more secure,” says Minister for Civil Defence Carl-Oskar Bohlin. 

    The introduction of the economic planning framework will serve as an important foundation for funding of the civil defence. The aim is to bring predictability, endurance and transparency to the strategic approach of the civil defence, and an ability to better prioritise and follow up results of the measures taken.

    Priority preparedness sectors

    All preparedness sectors in the civil defence will receive additional funding during the period 2025–2030. Society’s functionality is vital for the Swedish Armed Forces to be able to carry out its duties. Some preparedness sectors have therefore been given special priority. These include electronic communications and postal services, food supply and drinking water, health and social care, transport, energy supply, rescue services and protection of the civilian population. 

    Coordination and command of the civil defence  

    The Total Defence Bill highlights the need to strengthen command and coordination of the civil defence.

    The Swedish Civil Contingencies Agency currently has far-ranging tasks and responsibilities, which is why the Government sees a need to enable it to better provide support for the coordination of the civil defence at national level. The Government therefore intends to review responsibilities for rescue services and protection of the civilian population. The name of the Swedish Civil Contingencies Agency will also be reviewed.

    Command of the civil defence during heightened alert and ultimately war should be exercised by actors with geographical areas of responsibility. This requires a clear allocation of responsibilities and mandates at the relevant levels. The Bill stresses that the county administrative boards with responsibility for civil areas and government agencies with responsibility for sectors need clearer roles and stronger mandates. 

    Economic defence and cooperation with the business sector

    Sweden’s economic defence needs to be strengthened and central government needs to be clear about what requirements will be placed on the business sector and what its role is in the total defence. In war or under threat of war, it is critical that production and supply chains are durable, the business sector has the capacity to adapt its production, and stockpiles of essential goods – including input goods – are available. The Government intends to clarify government agencies’ responsibilities concerning the supply of critical goods and services for the needs of the total defence and for foreign trade.

    Psychological defence and will to defend

    Psychological defence is an important component of a strong total defence. Strengthening and maintaining the population’s will to defend itself is a core task of the psychological defence. Proactive and continuous work is needed throughout the defence resolution period to preserve and reinforce the population’s will to defend itself, resilience and personal preparedness. As an Ally, Sweden will also contribute to NATO’s capability to defend against cognitive warfare. 

    Cybersecurity 

    Cybersecurity is another important pillar of the modern civil defence. Essential public services need to have the capacity to withstand cyberattacks, and information security and cybersecurity must therefore be prioritised. With a new national cybersecurity centre and extensive investments, the Government is enhancing protection against increasingly pervasive cyberthreats.

    Sweden’s resilience as part of NATO deterrence 

    The resilience being built up by reinforcing the civil defence is vital not only to Sweden’s security, but also to that of our Allies in NATO. Society’s resilience thus becomes part of NATO’s collective deterrence and defence.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Global: 9 million Mozambicans live below the poverty line – what’s wrong with the national budget and how to fix it

    Source: The Conversation – Africa – By Felix Mambo, Country Economist, London School of Economics and Political Science

    Mozambique ranks in the bottom 20 of the human development index. This measures a country’s progress based on key dimensions such as a long and healthy life and a decent standard of living. Nearly two-thirds of Mozambicans – 18.9 million people – live below the national poverty line of US$0.70-a-day.

    The country also struggles to finance public spending, consistently running state budget deficits . At the same time it also fails to spend all the money that’s been budgeted.

    Mozambique’s frequent budget deficits are no surprise. The country has a rapidly growing population, increasing needs of the poor populations, dilapidated infrastructure, and very limited revenue generation.

    In a recent study on budget credibility in Mozambique we explored how the government’s challenges in meeting its revenue and expenditure targets harm the overall economy. And we suggest solutions.

    Our study focused on public expenditures on the social sector. This included education, health, social protection and public works (which includes water and sanitation). All are vital for human capital generation and poverty reduction. The social sector accounts for 40% of budgeted expenditure. Education is the largest at about 20% of the overall pie.

    Our study introduces – and successfully tests – a simple method that can be easily applied by budget oversight entities. This includes the parliament budget oversight unit and the accounts court. It can also be applied by planning units within ministries, especially the ministry of finance. Finally, it can be used by civil society budget watchdogs, as it relies on public information.

    Adopting it will provide tools to improve budget management in turn leading to more credible budget execution.

    Assessing public financial management

    The Public Expenditure and Financial Accountability programme was initiated in 2001 by the European Commission, International Monetary Fund, World Bank, and the governments of France, Norway, Switzerland and the UK. The aim was is to improve fiscal outcomes. It has conducted 533 assessments in 155 countries, including 47 countries in sub-Saharan Africa. Ten assessments have been completed in Mozambique.

    The programme defines budget credibility as the extent to which the government’s budget is realistic and implemented as intended. A credible budget reassures a range of stakeholders on the predictability of public expenditure and services. This includes taxpayers, donors and lenders, the firms that supply the government, public workers and the recipients of public services.

    The credibility question

    To measure the credibility of the budget in Mozambique, we used publicly available state budget data. We looked at both planned spending and actual execution.

    In its previous assessments, the Public Expenditure and Financial Accountability programme had identified several weaknesses. These included deviations, sector-specific variability, revenue shortfalls and mid-year budget adjustments.

    However, these insights didn’t explore the origins of the underlying budget discrepancies. The assessments therefore didn’t allow for in-depth insights.

    In our study, we further analysed the credibility of the budget measured along expenditure types and the fiscal year.

    Our findings revealed consistent under-execution of budgeted expenditures. This was the case even in years with sufficient revenue. Significant disparities existed along sectors. For example, education and health showed relatively credible budgets compared to public works, social protection and overall non-social expenditures.

    A comparison between types of expenditure showed interesting patterns. An example is the investment expenditures in social sectors (such as schools, health facilities, water, and sanitation). These were primarily externally funded, showed higher volatility and lower credibility than current expenditures. Current expenditures include teachers’ payments and, more generally, overall salaries.

    We also found a strong indication of resource reallocation outside of regular budgetary rules. For example, we found a suggestion that resources initially allocated for investments were redirected to fund current expenditures.

    Finally, we found no strong evidence that mid-fiscal year budget adjustments improved reliability. This was in line with Public Expenditure and Financial Accountability reports.

    Causes and potential solutions

    The Government of Mozambique’s State Budget Account attributes budget inconsistencies to two main factors.

    On one hand, slower economic growth and inefficient tax collection lead to revenue shortfalls. On the other, there were expenditure overruns due to a range of developments. These included natural disasters, health shocks (such as COVID-19), inflation, exchange rate fluctuations and delays in donor disbursements. Administrative and logistical issues that delayed projects also played a role.

    The government has taken steps to mitigate these vulnerabilities. These include:

    • establishing a reserve fund under the new sovereign fund

    • increasing tax collection

    • it has initiated VAT reform. This was suggested by the IMF.

    These efforts are coupled with measures to address expenditure overruns. These include improving transparency and accountability in public budgets. They also include efforts to limit the overall public sector wage expenditure.

    Our study recommends additional strategies to boost budget credibility:

    Sectoral focus: enhance expenditure targeting in social sectors. This includes education, health, social protection and social work. And improve related budgeting processes

    Enhanced investment management: strengthen oversight mechanisms for externally financed projects. The aim would be to reduce fund diversion to unplanned purposes. And better alignment with long term development goals

    Budget adjustments reassessment: focus mid-fiscal-year budget adjustments on strategic reallocation rather than ad-hoc adjustments

    Improved monitoring: implement a system that enables the Ministry of Economy and Finance to identify areas for improvement, potential quick wins and best practices

    Budget credibility is crucial for Mozambique’s economic development and public trust. Effective budget management ensures transparency, predictability, and accountability. All are essential for sustainable growth.

    This is an modified version of a blog, Budget credibility in Mozambique – challenges and solutions, originally published by UNU-WIDER.

    An extended discussion of the topics covered in the blog, Understanding Mozambique’s budget credibility issues and solutions, was published by the International Growth Centre (IGC).

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. 9 million Mozambicans live below the poverty line – what’s wrong with the national budget and how to fix it – https://theconversation.com/9-million-mozambicans-live-below-the-poverty-line-whats-wrong-with-the-national-budget-and-how-to-fix-it-240027

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI Africa: 9 million Mozambicans live below the poverty line – what’s wrong with the national budget and how to fix it

    Source: The Conversation – Africa – By Felix Mambo, Country Economist, London School of Economics and Political Science

    Mozambique ranks in the bottom 20 of the human development index. This measures a country’s progress based on key dimensions such as a long and healthy life and a decent standard of living. Nearly two-thirds of Mozambicans – 18.9 million people – live below the national poverty line of US$0.70-a-day.

    The country also struggles to finance public spending, consistently running state budget deficits . At the same time it also fails to spend all the money that’s been budgeted.

    Mozambique’s frequent budget deficits are no surprise. The country has a rapidly growing population, increasing needs of the poor populations, dilapidated infrastructure, and very limited revenue generation.

    In a recent study on budget credibility in Mozambique we explored how the government’s challenges in meeting its revenue and expenditure targets harm the overall economy. And we suggest solutions.

    Our study focused on public expenditures on the social sector. This included education, health, social protection and public works (which includes water and sanitation). All are vital for human capital generation and poverty reduction. The social sector accounts for 40% of budgeted expenditure. Education is the largest at about 20% of the overall pie.

    Our study introduces – and successfully tests – a simple method that can be easily applied by budget oversight entities. This includes the parliament budget oversight unit and the accounts court. It can also be applied by planning units within ministries, especially the ministry of finance. Finally, it can be used by civil society budget watchdogs, as it relies on public information.

    Adopting it will provide tools to improve budget management in turn leading to more credible budget execution.

    Assessing public financial management

    The Public Expenditure and Financial Accountability programme was initiated in 2001 by the European Commission, International Monetary Fund, World Bank, and the governments of France, Norway, Switzerland and the UK. The aim was is to improve fiscal outcomes. It has conducted 533 assessments in 155 countries, including 47 countries in sub-Saharan Africa. Ten assessments have been completed in Mozambique.

    The programme defines budget credibility as the extent to which the government’s budget is realistic and implemented as intended. A credible budget reassures a range of stakeholders on the predictability of public expenditure and services. This includes taxpayers, donors and lenders, the firms that supply the government, public workers and the recipients of public services.

    The credibility question

    To measure the credibility of the budget in Mozambique, we used publicly available state budget data. We looked at both planned spending and actual execution.

    In its previous assessments, the Public Expenditure and Financial Accountability programme had identified several weaknesses. These included deviations, sector-specific variability, revenue shortfalls and mid-year budget adjustments.

    However, these insights didn’t explore the origins of the underlying budget discrepancies. The assessments therefore didn’t allow for in-depth insights.

    In our study, we further analysed the credibility of the budget measured along expenditure types and the fiscal year.

    Our findings revealed consistent under-execution of budgeted expenditures. This was the case even in years with sufficient revenue. Significant disparities existed along sectors. For example, education and health showed relatively credible budgets compared to public works, social protection and overall non-social expenditures.

    A comparison between types of expenditure showed interesting patterns. An example is the investment expenditures in social sectors (such as schools, health facilities, water, and sanitation). These were primarily externally funded, showed higher volatility and lower credibility than current expenditures. Current expenditures include teachers’ payments and, more generally, overall salaries.

    We also found a strong indication of resource reallocation outside of regular budgetary rules. For example, we found a suggestion that resources initially allocated for investments were redirected to fund current expenditures.

    Finally, we found no strong evidence that mid-fiscal year budget adjustments improved reliability. This was in line with Public Expenditure and Financial Accountability reports.

    Causes and potential solutions

    The Government of Mozambique’s State Budget Account attributes budget inconsistencies to two main factors.

    On one hand, slower economic growth and inefficient tax collection lead to revenue shortfalls. On the other, there were expenditure overruns due to a range of developments. These included natural disasters, health shocks (such as COVID-19), inflation, exchange rate fluctuations and delays in donor disbursements. Administrative and logistical issues that delayed projects also played a role.

    The government has taken steps to mitigate these vulnerabilities. These include:

    • establishing a reserve fund under the new sovereign fund

    • increasing tax collection

    • it has initiated VAT reform. This was suggested by the IMF.

    These efforts are coupled with measures to address expenditure overruns. These include improving transparency and accountability in public budgets. They also include efforts to limit the overall public sector wage expenditure.

    Our study recommends additional strategies to boost budget credibility:

    Sectoral focus: enhance expenditure targeting in social sectors. This includes education, health, social protection and social work. And improve related budgeting processes

    Enhanced investment management: strengthen oversight mechanisms for externally financed projects. The aim would be to reduce fund diversion to unplanned purposes. And better alignment with long term development goals

    Budget adjustments reassessment: focus mid-fiscal-year budget adjustments on strategic reallocation rather than ad-hoc adjustments

    Improved monitoring: implement a system that enables the Ministry of Economy and Finance to identify areas for improvement, potential quick wins and best practices

    Budget credibility is crucial for Mozambique’s economic development and public trust. Effective budget management ensures transparency, predictability, and accountability. All are essential for sustainable growth.

    This is an modified version of a blog, Budget credibility in Mozambique – challenges and solutions, originally published by UNU-WIDER.

    An extended discussion of the topics covered in the blog, Understanding Mozambique’s budget credibility issues and solutions, was published by the International Growth Centre (IGC).

    – 9 million Mozambicans live below the poverty line – what’s wrong with the national budget and how to fix it
    – https://theconversation.com/9-million-mozambicans-live-below-the-poverty-line-whats-wrong-with-the-national-budget-and-how-to-fix-it-240027

    MIL OSI Africa –

    January 23, 2025
  • MIL-OSI Europe: Hamburg Sustainability Platform – New alliances are needed to provide blended finance at scale (15 Oct. 2024)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    Public-private stakeholder coalition kicks-off joint work to scale up private SDG investment in emerging markets and developing economies: At the Hamburg Sustainability Conference, a coalition of private and public institutions announced to join forces to set up the Hamburg Sustainability Platform. This platform aims at scaling sustainable investments into emerging markets and developing economies through standardization.

    The Sustainable Development Goals (SDGs), as well as the climate and biodiversity goals, cannot be achieved with public funds alone. More private investment is urgently needed, especially in emerging markets and development economies. To close this financing gap, it must become easier for private investors to invest. Blended finance provides efficient mechanisms to address this challenge. This is the aim of an alliance of public and private stakeholders, the Hamburg Sustainability Platform (HSP), announced at the Hamburg Sustainability Conference.

    The German Ministry of Economic Cooperation and Development, (BMZ); the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO); Global Affairs Canada; the Danish Ministry of Foreign Affairs; Treasury of the Republic of South Africa; the Secretary of State in charge of International partnerships of France; the German Development Bank KfW; British International Investment (BII); as well as Allianz and Caisse de dépôt et placement du Québec (CDPQ) are partnering to jointly develop the Hamburg Sustainability Platform. The Organisation for Economic Co-operation and Development (OECD) acts as an advisory body to the platform.

    Sustainable investments in emerging markets and developing economies have so far been for the pioneers in the private sector: while promising investment opportunities exist, large institutional investors such as pension funds or insurance companies rarely invest at scale. This is because implementation takes a long time, as preparations can take several years and financial products are often very complex. To make it easier for private investors to invest at scale, it would be necessary to pool the funds of public donors and standardize financial vehicles.

    As a solution, the HSP aims at better combining public and private investments through standardized financial products as well as harmonized public strategies. The initiative thereby aims to enhance simplicity, replicability and efficiency, thus enabling considerable additional investment volume.

    Standardization is a key enabler of operational efficiency. By delivering simplicity, efficiency and speed, volume becomes possible. Standardization acts like a common language, combatting fragmentation and accelerating procedures. It could therefore be an important step to help scaling private investment. This is recognized and demanded by different institutions and initiatives such as the UN-convened Net-Zero Asset Owner Alliance (NZAOA), the OECD, as well as the B20 Finance & Infrastructure Working Group. Nevertheless, standardization is currently lacking in blended finance.

    The HSP was announced at the inaugural Hamburg Sustainability Conference, held on 7-8 October. Under the motto “together we co-create development”, the Hamburg Sustainability Conference challenges barriers to SDG implementation. It establishes a new global forum to speed up progress towards achieving the SDGs and deliver result-oriented solutions. The annual conference is a joint initiative of the United Nations (UNDP), the German Federal Ministry of Economic Cooperation and Development (BMZ), the Michael Otto Foundation and the City of Hamburg.

    On their motivations for the HSP, the founding members have said:

    Anneliese Dodds, Minister for Development and Minister for Women and Equalities, United Kingdom’s Foreign, Commonwealth & Development Office: “Meeting the Sustainable Development Goals will require trillions of dollars of additional public and private investment into emerging markets and developing economies. To get private capital moving quickly and at scale, investors need to be able to compare options and make decisions with confidence. That’s why the UK is pleased to support the Hamburg Sustainability Platform, which will focus on scaling up sustainable investment into the regions that need it most, by providing standardized investment products in a clear and simple format.”

    Jochen Flasbarth, State Secretary of the German Federal Ministry of Economic Cooperation and Development: ”The SDGs represent an unprecedented global consensus and as such, a joint mission of public and private stakeholders. We need to join forces to make this mission heard. Over the past years, numerous good examples of blended finance vehicles have been set up. It is now time to identify those success cases, standardize, and scale them. This is what the Hamburg Sustainability Platform stands for. It is a great example of how the German government enhances international partnerships and how development cooperation efficiently uses market mechanisms to co-create impact. “

    Thani Mohamed Soilihi, French Secretary of State for Francophonie and international partnerships: “We need to boost financing capacities if we collectively want to achieve United Nations Sustainable Development Goals (SDGs), and this requires far more private sector leveraging. This is a priority for France, that we are pursuing with 66 partners through the Paris Pact for People and Planet. In that perspective, the Hamburg Sustainability Platform plays an important role and we hope it will bolster current efforts to scale sustainable investments and deliver tangible results.”

    Lina Gandløse Hansen, State Secretary for Trade and Investments, Ministry of Foreign Affairs, Denmark: “We need to bridge the financing gap to deliver on the SDGs and the Paris agreement. The numbers tell a clear story: We are far off track. We need all hands on deck and the private sector must play a key role. We need to deliver scale and replicable models. The Hamburg Sustainability Platform can play an important role. Denmark is looking forward to bringing our strong focus on innovative financing to the table and explore synergies, not least with the work in the Investment Mobilization Collaboration Alliance (IMCA) which aims at mobilizing billions of USD in private capital in support of climate action.”

    Mmakgoshi Lekhethe, Head of Asset and Liability Management at the National Treasury of the Republic of South Africa: “We need impactful solutions and investments on a global scale. And for investments to be impactful, private and public sector need to work together. Development efforts can only be sustainable in the long run if we succeed in mobilizing private markets for our goals. The Hamburg Sustainability Platform can become a key lever on this mission.”

    Patricia Peña, Associate Assistant Deputy Minister, Global Affairs Canada: “Setting up the Hamburg Sustainability Platform involves learning from and working with existing solutions, ensuring what we put forward and how we work together adds value and avoids duplication. Recognising the need to cooperate more efficiently with other donors and private investors from an early stage, the Hamburg Sustainability Platform could become a key tool to enhance donor cooperation and address existing challenges in blended finance.”

    Claus Stickler, Global Co-Lead at Allianz Investment Management: “Speed and scalability are key success factors in achieving sustainable change globally, including for example accelerating the deployment of renewable energy in emerging markets. The Hamburg Sustainability Platform can help simplify the creation and management of blended finance vehicles, thereby increasing their investability. Let’s work together to create this important platform for real action.”

    Vito Dellerba, Managing Director, Sustainable Investing at CDPQ: “Templates and standardized frameworks for financial returns and impact – initiatives highlighted by the Hamburg Sustainability Platform – facilitate timely and knowledgeable decisions by providing streamlined and consistent information. In addition, it has the potential to boost market efficiency by enhancing risk management practices, lowering transaction costs and increasing liquidity.“

    OECD Deputy Secretary-General Mary Beth Goodman: “The OECD supports the Hamburg Sustainability Platform in an advisory role. Promoting innovative approaches to scaling up private capital mobilization in Emerging Market and Developing Economies is core to the work of the OECD. As a convener, we will be a partner in driving this initiative forward. Based on the OECD’s work in harmonising blended finance approaches, and with standardization featuring prominently in the current update of the Blended Finance Principles Guidance, the OECD can be a key contributor of this initiative.”

    Christiane Laibach, Member of the Executive Board of KfW: “We have all learnt valuable lessons from the past twenty years of blended finance and impact investment. But to reach scale, we need to join forces, agree on common models based on these lessons and roll them out in a predictable and standardized manner. This is the objective of the Hamburg Sustainability Platform.”

    Liz Lloyd, Chief Investment Officer at BII: “Unlocking private capital is critical to meet the twin challenges of development and the climate emergency. One important way to do that is through innovative blended finance, using concessional public finance to encourage private investment to achieve the SDGs. We are pleased to collaborate with others to reach a common approach to blended finance, to help mobilize private capital into sustainable investments at scale.“

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI: Bullish Sentiments High on Gold Trends as Mining Operations Continue to Ramp Up

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – In an recent article published by Skilliing.com regarding current Gold trends: “From ancient civilizations to modern-day investors, gold has consistently been sought after for its perceived stability and hedge against inflation and economic uncertainty. This enduring appeal has led to significant price movements over the years, with gold prices often mirroring broader economic trends. Understanding these dynamics is crucial for predicting future gold price movements and making informed investment decisions. According to experts, the gold price in October 2024 is expected to be influenced by several key factors. The ongoing geopolitical tensions, particularly in the Middle East, are likely to keep gold prices elevated. Additionally, the anticipation of US rate cuts in the third and fourth quarters of 2024 could further boost gold prices. With the current record already at $2,431.85, the next milestone to watch is $2,500 per ounce. The bullish setup of gold’s chart and its leading indicators suggest that gold could move close to the $2,550 area in 2024. This prediction is supported by the recent rally in gold prices, which has already surpassed many predictions for the year. The combination of geopolitical concerns and the potential for rate cuts makes a further rally in gold prices plausible.” Active mining companies in the markets this week include RUA GOLD Inc. (OTCQB: NZAUF) (TSX-V: RUA), Mawson Gold Limited (OTCPK: MWSNF), Founders Metals Inc. (OTCQX: FDMIF), SNOWLINE GOLD CORP (OTCQB: SNWGF) (TSX-V: SGD), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM).

    Skilliing.com added: “In the context of broader economic trends, the gold price prediction for October 2024 is also influenced by the strength of the dollar and the overall economic landscape. As interest rates start to fall, gold prices could hit fresh records. The average price target for gold in the final quarter of 2024 is around $2,175 per ounce, according to JPMorgan Chase & Co. This suggests a continued upward trajectory for gold prices in the latter half of 2024. 2025 Outlook: The outlook for 2025 is more uncertain. Some experts expect gold prices to stabilize around $2,350 per ounce in early 2025, with a potential decline to $2,175 later in the year, depending on the pace of U.S. central bank rate cuts. HSBC predicts a 12% drop in gold prices in 2025 due to rising real interest rates, while other analysts remain bullish, suggesting prices could exceed $3,000. 2030 Outlook: By 2030, some forecasts suggest gold could reach $7,000 per ounce, driven by low real interest rates, rising inflation, and demographic shifts that fuel demand for gold as a secure asset. Central bank demand will likely play a key role in supporting long-term growth.”

    RUA GOLD’s (TSXV:RUA) (OTCQB:NZAUF) Drill Program Intersects Near Surface Gold at The Reefton Project – RUA GOLD Inc. (WKN: A4010V) (“RUA GOLD” or the “Company”) is pleased to provide an update from the drilling campaign underway at the Reefton Project on the South Island of New Zealand.    The Company commenced its near mine drill program on the Murray Creek targets in July. A second drill rig was introduced in September to test the Capleston vein system. These historic mines collectively produced ~700koz of gold at 25.2g/t within a radius of ~20 kilometers.

    Robert Eckford, CEO of RUA GOLD commented: “Our five years of meticulous surface exploration work over the Reefton project is paying dividends from the outset of this drill program. Both of the initial drill holes have confirmed we are in right area and are locating these lodes. The near surface intercepts on Capleston are encouraging and makes for compelling economic ounces, it supports our thesis that the surface veins are continuous past the old workings. Despite the initial drill hole at Murray Creek hitting old workings, it is extremely encouraging that we have identified the dip angle of the Victoria lode and we have even more confidence with the subsequent hole that is underway now, and results from this will be ready in the next few weeks.”

    Capleston – On the second drill rig, which was introduced to test the Capleston vein system, the Company targeted an undeveloped and near-surface vein at the southern end of the two kilometer long historic Capleston project, the highest-grade producer of the Reefton Goldfield historically. Near surface targets lend themselves to early development and are the closest to transportation and infrastructure, providing low-cost operational advantages.

    The first diamond drill hole, DD_REF_043, intersected a 12m zone of quartz-pyrite-arsenopyrite in the hanging wall, with a 1m quartz vein from 31m to 32m @ 3.86 g.t Au.   A legacy drill hole intercepted the southern lode at 33m downhole, with 1m @ 24g/t Au followed by 1m @ 2.5g/t Au1. Mapping has recorded historical waste samples up to 32.0g/t Au in the vicinity, and a strong soil anomaly enveloping the vein (up to 410ppb Au).

    Murray Creek – RUA GOLD reports the completion of the first hole testing the down-dip extension of the Victoria lode, DD_VIC_041, which is being evaluated by the team. This intersected the targeted reef at 344m down hole and encountered historical underground workings over a 4m length. It then exited out to the footwall before drilling on for an additional 20m.

    This confirms that the lode extension is accurate and, with the precise location confirmed, a second hole is underway that is 50m deeper down dip from the initial drill hole. The Company anticipates an intersection into an un-mined portion of the reef at around 350m. Results from this testing will be available in the coming weeks.    CONTINUED… Read this full press release and more news for RUA GOLD at:   https://www.financialnewsmedia.com/news-rua/

    Other recent developments in the mining industry of note include:

    Mawson Gold Limited (OTCPK: MWSNF) recently announced that further to its news releases dated June 10, 2024 and July 30, 2024, Mawson has entered into an arrangement agreement (the “Arrangement Agreement”) with SUA Holdings Ltd. (“SUA”), a newly formed wholly-owned subsidiary of Mawson, pursuant to which the Company proposes to spin-out its uranium assets in Sweden (the “Uranium Assets”) to SUA in consideration for common shares of SUA (“SUA Common Shares”) and distribute 100% of the SUA Common Shares it then holds to the Mawson shareholders on a pro rata basis. As a result, following completion of the Arrangement, the Mawson shareholders (other than any dissenting shareholders) will also become shareholders of SUA and SUA will no longer be a subsidiary of Mawson.

    In connection with the Arrangement, Mawson has subscribed for additional SUA Common Shares for aggregate consideration of $600,000 to provide working capital to SUA. Such additional SUA Common Shares will also be distributed to the Mawson shareholders under the Arrangement.

    Founders Metals Inc. (OTCQX: FDMIF) recently announced that, further to the press release dated October 10, 2024, it has entered into an agreement with B2Gold Corp (“B2Gold”) for a C$12.1 million investment (the “Strategic Investment”) at a price of C$2.75 per common share (each, a “Share”). Together with the previously announced bought deal private placement of C$20M (the “Brokered Offering”), the Company will raise a total of C$32.1 million, fully funding the planned 2025 budget. Upon completion of the Strategic Investment and the Brokered Offering, B2Gold will own 5.0% of the Company’s issued and outstanding common shares on a non-diluted basis.

    Colin Padget, Founders’ President & CEO commented, “We are very pleased with B2Gold’s investment in Founders along with the support and validation it brings to our Antino Gold Project. We look forward to drawing on B2Gold’s experience in exploring for, and developing, world-class mining assets in similar geological environments. This broader financing package leaves Founders well positioned to ramp up exploration at Antino, fully funding our planned 2025 exploration budget and the near-term addition of a fourth diamond drill.”

    SNOWLINE GOLD CORP (OTCQB: SNWGF) (TSX-V: SGD) recently announced additional analytical results from its 2024 Valley deposit drilling campaign on the Rogue Project in Canada’s Yukon Territory alongside updates on its regional activities. Holes V-24-081 and V-24-084 returned strong, consistent gold grades from near-surface along the southwestern edge of the Valley deposit, outperforming the model used for the Company’s initial mineral resource estimate (MRE) earlier this year. In addition, Snowline has completed the first phase of a reclamation program at the Plata mining camp near the Rogue Project, organizing and inventorying debris and abandoned equipment from historical mining activities in the region for future demobilisation. The Company awaits analytical results from the majority of its 2024 exploration campaign, including >24,600 m of drilling in 44 holes across 5 different targets.

    “It is a testament to the consistency of mineralization at Valley that results like today’s have become almost commonplace,” said Scott Berdahl, CEO & Director of Snowline. “Nonetheless, they further demonstrate the strength of the system near surface, and key holes V-24-081 and V-24-084 outperform our model along the southwest margin of the deposit.

    Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) recently announced that it has filed an updated technical report for the Detour Lake mine in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

    The technical report is available on SEDAR+ (http://www.sedarplus.ca) and on the Company’s website (http://www.agnicoeagle.com).   Agnico Eagle is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at http://www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #pressrelease #tickertaggingpressreleases

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by RUA GOLD Inc. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group

    The MIL Network –

    January 23, 2025
  • MIL-OSI Security: Defense News: Truman Strike Group Transits Strait of Dover for the North Sea

    Source: United States Navy

    NORTH SEA – The Harry S. Truman Carrier Strike Group (HSTCSG) transited through the Strait of Dover for the North Sea, Oct. 14.

    The strike group will conduct operations in the North Sea with Allies and partners from several countries in the region, demonstrating the warfighting interoperability and strategic relationships built over the past eighty years.

    “Storied in world history, our transit through the Strait of Dover to operate with our Allies in the North Sea underscores our commitment to maritime security and the NATO Alliance,” said Rear Adm. Sean Bailey, commander of the HSTCSG. “We will operate with our NATO Allies and partners to strengthen our collective readiness, defense, and deterrence. No nation can confront today’s challenges alone, and we look forward to showcasing our interoperability.”

    The Strait of Dover, historically known as the Dover Narrows, is the narrowest part of the English Channel and separates Great Britain from mainland Europe. The channel also separates the Atlantic Ocean from the North Sea, a strategically important area where the carrier strike group will conduct various bilateral operations with Allies and partners. The strike group last operated in the North Sea during a deployment in 2018, including time operating above the Arctic Circle in the Norwegian Sea for the NATO exercise Trident Juncture.

    “I’m excited to operate in the North Sea again,” said Capt. Dave Snowden, commanding officer of USS Harry S. Truman and former executive officer during the 2018 deployment. “With its unique geographical and environmental characteristics, every time we operate in this region we increase our proficiency and showcase our inherent flexibility to operate anywhere in the world.”

    The HSTCSG will support U.S. Naval Forces Europe’s maritime operations and theater security cooperation missions, working alongside Allies and partners to maintain maritime safety, security, and stability. The Ford-class aircraft carrier USS Gerald R. Ford (CVN 78) operated in the North Sea in 2023 and was the first aircraft carrier to visit Oslo, Norway, for a port of call since 1958.

    Before entering the Strait of Dover, the strike group operated off the Azores and Northern Africa for a series of warfighting training scenarios between the strike group’s ships and air wing before heading North for the English Channel.

    “It feels like the world has their eyes on us, speculating where we’ll go and what we’ll do next,” said Lt. Adam Biethman, a reactor department officer onboard Harry S. Truman. “I love the flexibility of our strike group, and it’s great to know we’ll be operating and learning from our Allies in the North Sea.”

    The carrier strike group consists of the flagship USS Harry S. Truman (CVN 75); Carrier Air Wing (CVW) 1 with nine embarked aviation squadrons; staffs from CSG-8, CVW-1, and Destroyer Squadron (DESRON) 28; the Ticonderoga-class guided-missile cruiser USS Gettysburg (CG 64); and two Arleigh Burke-class guided-missile destroyers, USS Stout (DDG 55) and USS Jason Dunham (DDG 109).

    HSTCSG’s mission is to conduct prompt and sustained combat operations at sea and remain the cornerstone of the Navy’s forward presence through sea control and power projection capabilities. You can find them on DVIDS at https://www.dvidshub.net/unit/CVN75.

    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Security: NATO Secretary General meets the Prime Minister of Sweden

    Source: NATO

    On Wednesday, 16 October 2024, NATO Secretary General Mark Rutte will receive the Prime Minister of Sweden, Mr Ulf Kristersson, at NATO Headquarters in Brussels.

    Media advisory

    13:50 (CEST)  Joint press conference by the Secretary General and the Prime Minister of Sweden.

    Media coverage

    • Media representatives who have annual accreditation to NATO for 2024 can attend the joint press conference in person.
    • Media representatives without annual accreditation, who have successfully accredited for an event at HQ in 2024, and who are interested in covering the event should email NatoAccreditations@hq.nato.int no later than midday on Tuesday, 15 October.
    • The pool of visual media covering the official handshake will meet in front of the Press Shop at NATO HQ at 12:30.
    • The event will be streamed live on X @NATOPress and on the NATO website. A transcript of the Secretary General’s remarks, as well as photographs, will be on the NATO website.

    For more information:
    For general queries: contact the NATO Press Office
    Follow us on X: @NATO, @SecGenNATO and @NATOPress

    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Africa: Hamburg Sustainability Conference spotlights youth entrepreneurship in Africa, African Development Bank Group support for continent’s youth-led small and medium enterprises

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

    HAMBURG, Germany, October 14, 2024/APO Group/ —

    African youth entrepreneurs supported the by African Development Bank Group (www.AfDB.org) took center stage at the Hamburg Sustainability Conference on Monday.

    During a session, titled “Empowering Young Entrepreneurs in Africa,” executives of the African Development Bank and its partner the African Guarantee Fund (http://apo-opa.co/3Y78rMT), as well as young African business leaders showcased innovative approaches to bridging the financing gap for youth entrepreneurs.

    The two-day Hamburg Sustainability Conference, which drew global leaders, development institutions and young business founders across the continent, featured high-level discussions on reshaping international financial systems and creating investment environments that promote achievement of the United Nations Sustainable Development Goals.

    The session explored the impact of the Bank’s Affirmative Finance Action for Women in Africa (http://apo-opa.co/3Y3wpZI) initiative. Through AFAWA, the Bank has approved approximately $1.8 billion in lending for Africa’s women entrepreneurs; some $1 billion has already been disbursed to more than 18,000 women-led small and medium enterprises.

    Melanie Keita, CEO and co-founder of Melanin Kapital (http://apo-opa.co/48alJNA), a Nairobi-based fintech company that provides digital loans, and a beneficiary of AFAWA, spoke about the need for more accessible financing options for Africa’s youth-led startups. She questioned whether there were plans to digitise the loan process: “Can people access loans from their living room instead of having to travel a lot of time and then go with a lot of paperwork and being denied loans sometimes?”

    South Africa’s Minister in the Presidency Responsible for Planning, Monitoring, and Evaluation, Maropene Ramokgopa, told attendees that young African entrepreneurs are “drivers of change.” She urged governments to prioritise entrepreneurship policies and reduce bureaucratic barriers.

    “From financial technology, agriculture, renewable energy and creative sector to digital health solutions, young African entrepreneurs are transforming their communities,” Ramokgopa added. “They are also creating jobs and reshaping the economies as well.”

    Africa is facing a significant demographic shift: the continent is expected to be home to 1.4 billion people aged under 25 by the year 2063.

    Ahmed Attout, Director for Financial Sector Development at the African Development Bank, introduced its Youth Entrepreneurship Investment Banks (YEIB) initiative, designed to de-risk investing in youth entrepreneurs while fostering talent and entrepreneurship across Africa.

    “[The Youth Entrepreneurship Investment Banks initiative] is a one-stop shop that can give youth access to finance, employment guarantees, employment technical assistance,” Attout said, adding that the initiative is in the advanced implementation phase in Liberia and Ethiopia.

    Jules Ngankam, CEO of the African Guarantee Fund, an implementing partner of AFAWA, announced significant progress in delivering solutions for entrepreneurs. He said the Fund has issued $3 billion in guarantees, enabling commercial banks to lend $5 billion to small and medium-sized enterprises.

    The session was followed by a roundtable to stimulate networking between development institutions and African innovators. Joining Keita at the roundtable were two other beneficiaries of the Bank’s support: Chiemela Anosike, founder and CEO of Solaris GreenTech (http://apo-opa.co/48alKkC), and Ebun Feludu, CEO of Kokari Coconuts & Company (http://apo-opa.co/3A6ibiv), both Nigeria-based.

    Chiemela Anosike said the struggle for start-up success is real. “Entrepreneurship is hard. Entrepreneurship in Africa is harder…so, it’s difficult. So, we have programs like this…but then you give us another full-time job because you’re into fundraising and then it’s taking six months. You’re developing just one proposal [for financing] and it’s taking one month plus,” Anosike told roundtable participants.

    Bank Director for Human Capital, Youth and Skills Development Martha Phiri told the entrepreneurs that the Bank is integrating entrepreneurship skills into its vocational training programs, in recognition that not all graduates will find employment in existing job markets.

    Tapera Muzira, the Bank’s Lead Expert for Human Capital, Youth and Skills Development said the Bank’s Innovation and Entrepreneurship Lab (http://apo-opa.co/3YqnotZ), an online platform that connects African entrepreneurs with resources, financing, and business development services, is closing the information gap that limits youth potential to contribute to economies and communities.

    Earlier,  Norway’s Minister of International Development, Anne Beathe Tvinnereim, noted that her country is committed to supporting African youth entrepreneurship. She referenced the USAID and Norway-led Financing for Agricultural Small-and-Medium Enterprises in Africa program, a multi-donor fund designed to spur investment in Africa’s agricultural growth.

    “African youth constitute 60% of the population, which is why youth engagement and involvement is central in Norwegian foreign and development policies. Financing entrepreneurs is not enough. We need to build an entrepreneurial culture that supports solid institutional and regulatory frameworks,” Tvinnereim said.

    The Hamburg Sustainability Conference is organized annually by the United Nations Development Program, the German Federal Ministry for Economic Cooperation and Development (BMZ), the Michael Otto Foundation for Sustainability (http://apo-opa.co/48alMJg) and the City of Hamburg.

    MIL OSI Africa –

    January 23, 2025
  • MIL-OSI China: 2024 Nobel Prize in Economics shared by 3 recipients

    Source: China State Council Information Office

    The Royal Swedish Academy of Sciences decided on Monday to award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Daron Acemoglu, Simon Johnson, and James A. Robinson.

    This trio, consisting of Acemoglu and Johnson from the Massachusetts Institute of Technology (MIT), and Robinson from the University of Chicago, has been honored “for studies of how institutions are formed and affect prosperity.”

    Jakob Svensson, chair of the Committee for the Prize in Economic Sciences, stated that the laureates have demonstrated the importance of societal institutions in achieving the goal of reducing income differences between countries.

    The laureates’ research contributes to the understanding that “societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better,” the committee stated in a press release.

    Daron Acemoglu was born in 1967 in Istanbul, Türkiye. He earned his PhD in 1992 from the London School of Economics and Political Science and is currently a professor at the Massachusetts Institute of Technology in Cambridge, the United States. Simon Johnson, born in 1963 in Sheffield, the United Kingdom, received his PhD in 1989 from MIT and is also a professor there. James A. Robinson, born in 1960, obtained his PhD in 1993 from Yale University and is a professor at the University of Chicago, IL, USA.

    The prize includes 11 million Swedish Krona (approximately 1 million U.S. dollars). Established in 1968 by Sweden’s central bank Sveriges Riksbank, the prize has been awarded since 1969 by the Royal Swedish Academy of Sciences, which selects the laureates in economic sciences.

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI Global: No country still uses an electoral college − except the US

    Source: The Conversation – USA – By Joshua Holzer, Associate Professor of Political Science, Westminster College

    Every four years, Congress gathers to count electoral votes. AP Photo/J. Scott Applewhite

    The United States is the only democracy in the world where a presidential candidate can get the most popular votes and still lose the election. Thanks to the Electoral College, that has happened five times in the country’s history. The most recent examples are from 2000, when Al Gore won the popular vote but George W. Bush won the Electoral College after a U.S. Supreme Court ruling, and 2016, when Hillary Clinton got more votes nationwide than Donald Trump but lost in the Electoral College.

    The Founding Fathers did not invent the idea of an electoral college. Rather, they borrowed the concept from Europe, where it had been used to pick emperors for hundreds of years.

    As a scholar of presidential democracies around the world, I have studied how countries have used electoral colleges. None have been satisfied with the results. And except for the U.S., all have found other ways to choose their leaders.

    The Holy Roman Empire had seven electors: Three were members of the Catholic Church and four were significant members of the nobility. This image depicts, from left, the archbishop of Cologne, the archbishop of Mainz, the archbishop of Trier, the count palatine of the Rhine, the duke of Saxony, the margrave of Brandenburg and the king of Bohemia.
    Codex Balduini Trevirorum, c. 1340, Landeshauptarchiv Koblenz via Wikimedia Commons

    The origins of the US Electoral College

    The Holy Roman Empire was a loose confederation of territories that existed in central Europe from 962 to 1806. The emperor was not chosen by heredity, like most other monarchies. Instead, emperors were chosen by electors, who represented both secular and religious interests.

    As of 1356, there were seven electors: Four were hereditary nobles and three were chosen by the Catholic Church. By 1803, the total number of electors had increased to 10. Three years later, the empire fell.

    When the Founding Fathers were drafting the U.S. Constitution in 1787, the initial draft proposal called for the “National Executive,” which we now call the president, to be elected by the “National Legislature,” which we now call Congress. However, Virginia delegate George Mason viewed “making the Executive the mere creature of the Legislature as a violation of the fundamental principle of good Government,” and so the idea was rejected.

    Pennsylvania delegate James Wilson proposed that the president be elected by popular vote. However, many other delegates were adamant that there be an indirect way of electing the president to provide a buffer against what Thomas Jefferson called “well-meaning, but uninformed people.” Mason, for instance, suggested that allowing voters to pick the president would be akin to “refer(ring) a trial of colours to a blind man.”

    For 21 days, the founders debated how to elect the president, and they held more than 30 separate votes on the topic – more than for any other issue they discussed. Eventually, the complicated solution that they agreed to was an early version of the electoral college system that exists today, a method where neither Congress nor the people directly elect the president. Instead, each state gets a number of electoral votes corresponding to the number of members of the U.S. House and Senate it is apportioned. When the states’ electoral votes are tallied, the candidate with the majority wins.

    James Madison, who was not fond of the Holy Roman Empire’s use of an electoral college, later recalled that the final decision on how to elect a U.S. president “was produced by fatigue and impatience.”

    After just two elections, in 1796 and 1800, problems with this system had become obvious. Chief among them was that electoral votes were cast only for president. The person who got the most electoral votes became president, and the person who came in second place – usually their leading opponent – became vice president. The current process of electing the president and vice president on a single ticket but with separate electoral votes was adopted in 1804 with the passage of the 12th Amendment.

    Some other questions about how the Electoral College system should work were clarified by federal laws through the years, including in 1887 and 1948.

    After the 2020 presidential election exposed additional flaws with the system, Congress further tweaked the process by passing legislation that sought to clarify how electoral votes are counted.

    James Madison disliked the idea of an electoral college.
    Chester Harding, via National Portrait Gallery

    Other electoral colleges

    After the the U.S. Constitution went into effect, the idea of using an electoral college to indirectly elect a president spread to other republics.

    For example, in the Americas, Colombia adopted an electoral college in 1821. Chile adopted one in 1828. Argentina adopted one in 1853.

    In Europe, Finland adopted an electoral college to elect its president in 1925, and France adopted an electoral college in 1958.

    Over time, however, these countries changed their minds. All of them abandoned their electoral colleges and switched to directly electing their presidents by votes of the people. Colombia did so in 1910, Chile in 1925, France in 1965, Finland in 1994, and Argentina in 1995.

    The U.S. is the only democratic presidential system left that still uses an electoral college.

    A ‘popular’ alternative?

    There is an effort underway in the U.S. to replace the Electoral College. It may not even require amending the Constitution.

    The National Popular Vote Interstate Compact, currently agreed to by 17 U.S. states, including small states such as Delaware and big ones such as California, as well as the District of Columbia, is an agreement to award all of their electoral votes to whichever presidential candidate gets the most votes nationwide. It would take effect once enough states sign on that they would represent the 270-vote majority of electoral votes. The current list reaches 209 electoral votes.

    A key problem with the interstate compact is that in races with more than two candidates, it could lead to situations where the winner of the election did not get a majority of the popular vote, but rather more than half of all voters chose someone else.

    When Argentina, Chile, Colombia, Finland and France got rid of their electoral colleges, they did not replace them with a direct popular vote in which the person with the most votes wins. Instead, they all adopted a version of runoff voting. In those systems, winners are declared only when they receive support from more than half of those who cast ballots.

    Notably, neither the U.S. Electoral College nor the interstate compact that seeks to replace it are systems that ensure that presidents are supported by a majority of voters.

    Editor’s note: This story includes material from a story published on May 20, 2020.

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

    – ref. No country still uses an electoral college − except the US – https://theconversation.com/no-country-still-uses-an-electoral-college-except-the-us-240281

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI: Inside information, positive profit warning: OP Financial Group estimates that its operating profit for 2024 will be higher than that of 2023

    Source: GlobeNewswire (MIL-OSI)

    OP Financial Group
    Inside information
    Stock exchange release, 14 October 2024 at 16:30 EEST

    Inside information, positive profit warning: OP Financial Group estimates that its operating profit for 2024 will be higher than that of 2023

    In its stock exchange release of 15 August 2024, OP Financial Group estimated that its operating profit would be at the same level as that of 2023.

    In 2023, OP Financial Group’s operating profit was EUR 2,050 million.

    OP Financial Group now estimates that its operating profit for 2024 will be higher than its operating profit for 2023.

    In particular, this estimate is based on better-than-expected developments in income from investment activities and impairment loss on receivables.

    OP Financial Group’s earnings performance is currently affected by uncertainties. The most significant uncertainties affecting its earning performance in late 2024 concern developments in the business environment, changes in the interest rate and investment environment, and developments in impairment loss on receivables.

    OP Financial Group’s Interim Report for 1 January–30 September 2024 will be published on 31 October 2024.

    OP Cooperative
    OP Corporate Bank plc

    Additional information:
    OP Financial Group’s Investor Relations, IR@op.fi

    Media enquiries:
    OP Financial Group’s Corporate Communications, tel. +358 10 252 8719, viestinta@op.fi

    DISTRIBUTION
    Nasdaq Helsinki Ltd
    Euronext Dublin (Irish Stock Exchange)
    LSE London Stock Exchange
    Major media
    op.fi

    OP Financial Group is Finland’s largest financial services group, with more than two million owner-customers and over 14,000 employees. We provide a comprehensive range of banking and insurance services for personal and corporate customers. OP Financial Group consists of OP cooperative banks, its central cooperative OP Cooperative, and the latter’s subsidiaries and affiliates. Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region. Together with our owner-customers, we have been building Finnish society and a sustainable future for 120 years now. http://www.op.fi

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Agillic audited in accordance with ISAE 3000 Type 2, testament to its commitment to security and compliance

    Source: GlobeNewswire (MIL-OSI)

    Press Release, Copenhagen, 14 October, 2024 

    Data security is non-negotiable. That is why the Agillic platform has undergone a rigorous independent audit of security practices and ensuring full compliance with GDPR and other regulatory requirements.

    Agillic’s security measures include strong encryption, continuous monitoring, stringent access controls, risk assessments, penetration tests, and vulnerability scans are performed regularly to stay ahead of potential threats.

    The ISAE 3000 Type 2 audit is an important and valuable part of Agillic’s ways to conduct business for the many different industries using the platform – not least the finance and public sectors. 

    Says Allan Sørensen, VP, Service Operations:
    “At Agillic, we prioritise our clients’ data security and privacy. We are proud to announce that our omnichannel marketing platform has been independently audited by Deloitte in accordance with the international ISAE 3000 Type 2 standard. This audit underscores our unwavering commitment to protecting clients’ data and ensuring compliance with the highest standards in information security.”

    For further information, please contact
    Emre Gürsoy, CEO, Agillic A/S
    +45 3078 4200
    emre.gursoy@agillic.com

    About Agillic A/S
    Agillic (Nasdaq First North Growth Market Copenhagen: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark, with teams in Germany, Norway, and Romania.
    Agillic A/S – Masnedøgade 22 – 2100 Copenhagen – Denmark – www.agillic.com

    The MIL Network –

    January 23, 2025
  • MIL-OSI Europe: Statement of the G7 Non-Proliferation Directors Group (09 May 2022)

    Source: Republic of France in English
    The Republic of France has issued the following statement:

    1. We, the G7 Non-Proliferation Directors Group, reiterate the G7´s profound condemnation of Russia’s premeditated, unprovoked, and unjustifiable war of choice against Ukraine, enabled by the Belarusian government. We condemn in the strongest terms the numerous atrocities committed by Russian armed forces in Ukraine. We reaffirm our solidarity with the Ukrainian people and our support to the sovereignty, independence, and territorial integrity of Ukraine. Russia’s ongoing war of aggression is a blatant violation of international law with severe consequences for international security, including global non-proliferation efforts. We condemn Russia’s disinformation campaign and we warn against any threat or use of chemical or biological weapons. We recall Russia’s obligations under international treaties of which it is a party, and which protect us all. Any use by Russia of such a weapon would be unacceptable and result in further consequences. We condemn Russia’s unjustified use of nuclear rhetoric and signalling. We urge Russia to behave responsibly and exercise restraint.

    2. Besides these deeply disturbing actions of unprecedented scale, our efforts to strengthen non-proliferation have been severely tested in past years. The increasing use of chemical weapons, rapidly evolving biological threats, destabilizing transfer and deployment of conventional weapons, and targeted appropriation of emerging technology all have a considerable impact as does the growing threat of nuclear proliferation and emerging threats to outer space security. Some states are now significantly increasing and diversifying their nuclear arsenals and investing in novel nuclear technologies and weapons systems. Against this highly challenging background, the G7 remains committed to working together, including with our partners, to defend and strengthen international law, norms and institutions and to build a more secure, more stable, and safer world.

    3. In view of the 10th Review Conference of the Non-Proliferation Treaty (NPT) in August 2022, we are united in our resolve to comprehensively strengthen the NPT, promote its universalisation, reinforce the importance of commitments made at past Review Conferences and advance implementation of the Treaty across all three of its mutually reinforcing pillars. We underline the authority and primacy of the NPT as the cornerstone of the nuclear non-proliferation regime and the foundation for the pursuit of nuclear disarmament and peaceful uses of nuclear technology. We resolutely support the Review Conference President-designate, Ambassador Gustavo Zlauvinen, and commit to working with all NPT States Parties in good faith in the lead up to and during the Review Conference towards achieving a positive outcome.

    4. The G7 reaffirms its commitment to the ultimate goal of a world without nuclear weapons with undiminished security for all, achieved through concrete, practical, and purposeful steps. The overall decline in global nuclear arsenals must be sustained and not reversed. We welcome diplomatic pathways that offer real possibilities for advancing the universal disarmament goals of the NPT, as promoted through key initiatives such as the International Partnership for Nuclear Disarmament Verification (IPNDV), the Non-Proliferation and Disarmament Initiative, the Stockholm Initiative on Nuclear Disarmament, and Creating an Environment for Nuclear Disarmament.

    5. We welcome efforts by the G7 Nuclear Weapon States to promote effective measures, such as strategic risk reduction, transparency and confidence building measures on their postures, doctrines, and capabilities, which are critical to making progress towards disarmament under the NPT. The G7 underlines that all Nuclear Weapon States have the responsibility to engage actively and in good faith in arms control dialogues. We welcome the Joint Statement of the Leaders of the Five Nuclear-Weapon States on Preventing Nuclear War and Avoiding Arms Races of 3 January 2022, including the important affirmation that a nuclear war cannot be won and must never be fought. However, we deplore Russia’s provocative statements about raising its nuclear alert levels, which undermines the credibility of Russia’s commitment to this Joint Statement.

    6. Recalling our statements of 15 March and 7 April 2022, we condemn Russia’s invasion of Ukraine, including forcefully seizing control of nuclear facilities and other actions that pose serious threats to the safety and security of these facilities and endanger the population of Ukraine, neighbouring states, and the international community. We support the IAEA Director General Rafael Grossi’s efforts to ensure the nuclear safety and security of, and the application of safeguards to, nuclear material and facilities in Ukraine as a matter of urgency, while respecting full Ukrainian sovereignty over its territory and infrastructure. We urge Russia’s leadership to immediately withdraw its military forces from Ukraine, cease all violent actions against nuclear and radiological facilities in Ukraine and restore full control to Ukrainian authorities over all facilities within its internationally recognized borders to ensure their safe and secure operations.

    7. The G7 is united in its resolve to promote the goals and objectives of the Comprehensive Nuclear-Test-Ban Treaty (CTBT). We underline the urgent need to bring this treaty into force pursuant to Article XIV of the CTBT, and we support Italy as co-coordinator of these efforts. A universal and effectively verifiable CTBT constitutes a fundamental instrument in the field of nuclear disarmament and non-proliferation. Pending the entry into force of the Treaty, we call on all states to declare new or maintain existing moratoriums on nuclear weapon test explosion or any other nuclear explosions. We also resolutely support the Comprehensive Nuclear-Test-Ban Treaty Organization Preparatory Commission and its important work to develop the Treaty’s verification regime.

    8. The G7 is equally committed to, and underlines the importance of, immediate commencement of negotiations – based on document CD/1299 and the mandate contained therein – with the key countries on a treaty banning the production of fissile material for use in nuclear weapons and other nuclear explosive devices. We remain convinced that the Conference on Disarmament is an appropriate venue to negotiate such an instrument and we call upon countries to make innovative contributions in all appropriate forums, including the 10th Review Conference of the States Parties to the NPT, to facilitate negotiations of such a treaty. Pending those actions, we call on all states that have not yet done so to declare and maintain voluntary moratoria on the production of fissile material for use in nuclear weapons.

    9. The G7 is committed to working towards effective measures for strategic and nuclear risk reduction that enhance mutual comprehension, increase predictability, promote confidence building and establish effective crisis management and prevention tools. We are equally engaging in the development of multilateral nuclear disarmament verification capabilities and we welcome the start of work of the Group of Governmental Experts on nuclear disarmament verification, the Franco-German exercise NuDiVe 2022 conducted in April 2022 and the continuing work of the IPNDV and the Quad Nuclear Verification Partnership by Norway, Sweden, the United Kingdom and the United States. All of this is essential groundwork for achieving the ultimate goal of a world free of nuclear weapons, underpinned by transparency, verification and irreversibility.

    10. The G7 welcomed the extension of the New START Treaty in early 2021 and has supported the U.S.-Russian Strategic Stability Dialogue, aimed at laying the foundation for future U.S.-Russia arms control arrangements. The G7 sees the need for arms control to address all nuclear weapons, including new destabilizing weapon systems and non-strategic nuclear weapons. The G7 also supports and encourages wider efforts towards an active arms control dialogue involving China. The G7 regrets that the U.S.-Russian Strategic Stability Dialogue has come to a halt due to Russia’s brutal and unprovoked war on Ukraine.

    11. The G7 also deplores Belarus’s recent referendum and amendment to its Constitution removing Article 18, which pledged to “make its territory a nuclear-free zone.” Belarus’ actions only further increase uncertainty amidst heightened tensions.

    12. Nuclear-weapons-free zones (NWFZ) make important contributions to nuclear disarmament and non-proliferation. We see the relevant protocols to existing NWFZ treaties as the vehicle for extending to the treaty parties a legally binding negative security assurance. We remain fully committed to the creation of a zone free of all weapons of mass destruction and their delivery systems in the Middle East. We firmly believe that this can only be achieved based on consensus arrangements freely arrived at by all states in the region. We acknowledge the efforts made during the first two sessions of the UN Conference on the Establishment of a Middle East Zone Free of Nuclear Weapons and Other Weapons of Mass Destruction held in 2019 and 2021. Going forward, we underscore the need for inclusive dialogue among the regional states.

    13. The G7 supports universalisation of key safeguards agreements including Comprehensive Safeguards Agreements, the Additional Protocol thereto, and, where applicable, the revised Small Quantities Protocol. A Comprehensive Safeguards Agreement together with an Additional Protocol represents the de facto safeguards standard under the NPT. We echo the IAEA Director General’s call on those states that have yet to bring into force a Comprehensive Safeguards Agreement or an Additional Protocol to do so as soon as possible and applaud his efforts to further strengthen the safeguards system. Recalling our strong support for the professional and impartial work of the IAEA, the G7 underscores the importance of streng-thening the effectiveness and optimizing the efficiency of the international safeguards system and ensuring it remains fit for its purpose in the 21st century.

    14. We reaffirm the IAEA’s central role in strengthening cooperation in nuclear security and the commitments in the Ministerial Declaration of the IAEA’s International Conference on Nuclear Security in 2020. We support the IAEA in facilitating the peaceful uses of nuclear technologies in a safe, secure, and sustainable manner. We support aiding the development of new regulatory frameworks for the deployment of next-generation technologies, including small modular reactors. We encourage all Member States, who are able to do so, to make financial and/or technical contributions to enable the IAEA to continue its work.

    15. The G7 commits to promoting full implementation by all states of the highest standards of nuclear safety, security, and safeguards. This is essential to facilitate the safe and the peaceful uses of nuclear science and technology consistent with the NPT, and thereby promote prosperity and address the UN Sustainable Development Goals.

    16. The G7 urges States engaged in nuclear activities to become parties to and fully implement the Convention on Nuclear Safety, the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management, the Convention on Early Notification of a Nuclear Accident, and the Convention on Assistance in the Case of a Nuclear Accident or Radiological Emergency.

    17. The G7 is resolved to increase political attention to the challenges of countering the threat of non-state actors acquiring nuclear and radioactive materials as weapons of terrorism and to accelerate national and international steps to manage the risks posed by such materials. We affirm our commitment to minimise Highly Enriched Uranium (HEU) stocks globally and encourage states with civil stocks of HEU to further reduce or eliminate them where economically and technically feasible.

    18. The G7 calls on all States that have not yet done so to become parties to and fully implement the International Convention for the Suppression of Acts of Nuclear Terrorism (ICSANT) and the Amended Convention on the Physical Protection of Nuclear Material (A/CPPNM). We welcome the positive outcome of the A/CPPNM Review Conference in March-April 2022. We remain steadfast in our support of the IAEA, the Nuclear Security Contact Group, and the Global Initiative to Combat Nuclear Terrorism.

    19. The G7 supports effective implementation of UN Security Council Resolution (UNSCR) 1540 (2004) and the work of the 1540 Committee and its Group of Experts. We encourage all states to fully implement the resolution and to offer assistance to interested states.

    20. The G7 actively supports global efforts to enhance education and professional development in the field of non-proliferation, arms control and disarmament and is strongly committed to the integration of gender equality in this field. We are mindful that learning about the realities of any use of nuclear weapons will help strengthen global efforts towards nuclear disarmament. To raise and sustain awareness, we encourage political leaders, the young generation and others to visit the cities of Hiroshima and Nagasaki.

    21. We renew our support for a restoration and full implementation of the Joint Comprehensive Plan of Action. A diplomatic solution remains the best way to restrict Iran’s nuclear programme. We commend the participants of the Vienna talks as well as the EU coordinator for their tireless efforts. We urge Iran to seize the offer currently on the table to bring negotiations to a successful conclusion and to refrain from further escalation of its nuclear activities.

    22. We urge Iran to uphold and fully implement all obligations under its NPT-required safeguards agreement with the IAEA. We further urge Iran to provide all required information to enable the IAEA to clarify and resolve outstanding safeguards issues without further delay. The G7 expresses strong support for the crucial verification and monitoring mandate of the IAEA, underscores the technical nature of the IAEA’s independent work, and commends the Director General’s continued professional and impartial efforts. Full and timely cooperation by Iran is essential for the IAEA to assure the international community that all nuclear material in Iran remains in peaceful uses and eventually reach the Broader Conclusion.

    23. We recall our serious concerns about Iran’s unabated activities related to ballistic missiles “designed to be capable of delivering nuclear weapons, including launches using such ballistic missile technology,” which Iran pursues in defiance of UNSCR 2231 (2015). Iran’s space programme is enabling it to test technology that is essential to the development of ballistic missiles, including future long-range delivery systems, as demonstrated again with Iran’s announcement on March 8 of a launch of a military satellite. We urge Iran to cease all these activities and fully abide by UNSCR 2231 (2015). We also remain extremely concerned about Iran’s destabilising activities in and around the Middle East, including transfers of missiles and missile technology, drones and conventional arms to state and non-state actors. Such proliferation is destabilising for the region and escalates already high tensions, as does the use of such weapons in the region, like the attack by the Islamic Revolutionary Guard Corps on Erbil on 13 March 2022. We urge Iran to stop all activities inconsistent with relevant UNSCRs and call on all parties to play a constructive role in fostering regional stability and peace.

    24. The G7 strongly condemns the continued testing of ballistic missiles by the Democratic People’s Republic of Korea (DPRK), including the recent Intercontinental Ballistic Missile (ICBM) launch conducted on 24 March 2022, which are blatant violations of the DPRK’s obligations under numerous UNSCRs. Since 2021, the DPRK has conducted an unprecedented series of missile tests, including launches of alleged hypersonic weapons using ballistic missiles and a submarine-launched ballistic missile test. These tests demonstrate the DPRK’s continued efforts to expand and further develop its ballistic missile capabilities. We deeply regret that the DPRK has abandoned its self-declared moratorium on ICBM launches. In addition, nuclear activities (such as restarting nuclear reactors and behaviour consistent with fissile material production) have been observed at several nuclear sites since 2020, suggesting an ongoing nuclear program development. All these reckless actions threaten regional and international peace and security, pose a dangerous and unpredictable risk to international civil aviation and maritime navigation in the region and demand a united response by the international community, including further measures to be taken by the UN Security Council.

    25. The G7 remains fully committed to the complete, verifiable, and irreversible dismantlement by the Democratic People’s Republic of Korea of all its nuclear weapons, other weapons of mass destruction and ballistic missiles of all ranges, as well as related programs and facilities, consistent with UNSCRs. We strongly urge the DPRK to fully comply with all obligations arising from the relevant UNSCRs, to abandon its weapons of mass destruction and ballistic missile programs in a complete, verifiable and irreversible manner and to return at an early date to, and fully comply with, the NPT and IAEA safeguards. We call on the DPRK to accept the repeated offers of dialogue put forward by all parties concerned, including the United States, the Republic of Korea, and Japan.

    26. The G7 is committed to working with all relevant partners towards the goal of peace on the Korean Peninsula and to upholding the rules-based international order. We call on all states to fully and effectively implement all restrictive measures relating to the DPRK imposed by the UN Security Council and to address the risk of proliferation of weapons of mass destruction, and related delivery systems, from the DPRK as an urgent priority, particularly through additional UN Security Council action. We note with concern the report by the Panel of Experts established pursuant to UNSCR 1874 (2009) that illicit ship-to-ship transfers continue to take place. We remain ready to assist in and strengthen capacities for effective sanctions implementation. We are clear that the dire humanitarian situation in the DPRK is primarily the result of the diversion of the DPRK’s resources into unlawful weapons of mass destruction and ballistic missile programs rather than into the welfare of its people. In the context of the Covid-19 pandemic, we commend the work of the 1718 Committee, which has swiftly approved all Covid-19 related sanctions exemption requests for humanitarian assistance for the DPRK.

    27. The G7 intends to bolster efforts to counter the weaponization of biological agents and toxins. Never has it been so urgent for all states to work together to achieve universal adherence to and full compliance with the Biological and Toxin Weapons Convention (BTWC). Good faith and engagement are essential to overcoming the longstanding stalemate of the Convention in order to meet evolving biological threats stemming from state and non-state actors and to address new developments in science and technology. We intend to work towards a successful Review Conference which would promote effective implementation, increase transparency, enhance compliance and confidence-building measures. Near-term concrete action should include the establishment of a new expert working group to examine concrete measures to strengthen the Convention.

    28. We pledge our continued support to the United Nations Secretary-General’s Mechanism to investigate alleged uses of chemical, biological or toxin weapons. We will firmly resist and condemn any attempts by any state or individual seeking to undermine its integrity, independence, and impartial character and mandate. As the only established international mechanism mandated to investigate alleged uses of biological weapons, we pledge to cooperate with partners to ensure that the mechanism is properly resourced, equipped, and operationalized to conduct effective investigations when needed.

    29. We salute the 20th anniversary of the G7-led, 31-member Global Partnership (GP) against the Spread of Weapons and Materials of Mass Destruction. With its unparalleled networks, expertise, partnerships, and collective funding, the GP has been instrumental in countering threats posed by chemical, biological, radiological, and nuclear weapons and materials. The GP’s contribution to global threat reduction has made the world a safer and more secure place. We are committed to coordinated action with the GP to provide leadership to ensure that the GP remains a key contributor to countering persistent and emerging threats.

    30. The G7, as expressed in the 29 March statement of the GP on Ukraine, finds Russia’s unsubstantiated claims concerning alleged biological weapons development in Ukraine outrageous. Such allegations about legitimate biological research for civilian purposes are especially cynical, as the world has suffered a pandemic for two years during which biological laboratories have been of crucial importance to humankind. These allegations are part of Russia’s disinformation campaign against Ukraine and have undermined the subject and purpose of the BTWC and the international rules-based order. Ukraine is a respected member of the GP and the BTWC and has our full support.

    31. We will dedicate further efforts to addressing biological threats in the GP framework. The COVID-19 pandemic has underscored the far-reaching impact of large-scale disease outbreaks and the importance of strengthening global capacity to prevent, detect and respond to all forms of biological threats, whether deliberate, accidental, or natural. Covid-19 has also accelerated the global life sciences and biotechnology revolution, including the research and development of new diagnostics, vaccines, and treatments for potentially high-consequence pathogens. Substantial improvements are needed in global biosafety, biosecurity, and oversight for dual use research, in order to prevent laboratory accidents and deliberate misuse. We commit to reinforcing existing national efforts, as well as to improving the level of biosafety and biosecurity practices globally. With this imperative, we intend to deepen our health-security cooperation with African partners and other key stakeholders to develop and implement the GP’s signature initiative aimed at mitigating biological threats in Africa. We recognize the significant contribution already made by the G7 and the EU to the GP signature initiative and encourage all GP members to actively contribute to this important initiative.

    32. We are determined to uphold the prohibition on the use of chemical weapons and support the full implementation of the Chemical Weapons Convention (CWC). As participating States of the International Partnership against Impunity for the Use of Chemical Weapons, we stand together to reaffirm that any use of chemical weapons by anyone, anywhere, under any circumstances is unacceptable and contravenes international standards and norms against such use. There can be no impunity for chemical weapon use.

    33. We will work towards a successful 2023 Review Conference to strengthen the Convention. We are unwavering in our support of the Organisation for the Prohibition of Chemical Weapons (OPCW) and its work to exclude completely the possibility of the use of chemical weapons and we applaud the OPCW’s professionalism and integrity. The G7 seeks to ensure that the OPCW is equipped to continue to fulfil its mandate, including through funding via the GP for important initiatives such as the new Centre for Chemistry and Technology.

    34. We welcome the decision of the OPCW Conference of the States Parties “Understanding Regarding the Aerosolised Use of Central Nervous System-Acting Chemicals for Law Enforcement Purposes” that affirms that the aerosolized use of CNS-acting chemicals is understood to be inconsistent with law enforcement purposes as a “purpose not prohibited” under the Convention. This forward-thinking decision by CWC States Parties sends a strong signal to countries that they cannot hide work on such chemicals for offensive purposes under the guise of legitimate purposes under the Convention.

    35. We condemn attempts to impede the OPCW’s vital work, including investigations, through baseless attacks and outrageous disinformation, notably Russia’s unsubstantiated claims and false allegations that Ukraine was preparing to use chemical weapons. Ukraine is in full compliance with its obligations under the CWC, in stark contrast to Russia’s continued refusal to investigate the well-documented use of a chemical weapon on its own territory, contrary to its obligations under the Convention.

    36. In that context, the G7 reaffirms the statement made by Ministers on 26 January 2021 condemning in the strongest possible terms the poisoning of Alexey Navalny with a military grade chemical nerve agent of the “Novichok” group, a substance developed by the Soviet Union, and retained by Russia. There is no plausible account other than the involvement and responsibility of Russian state actors, as Russia continues to evade all appeals to launch an investigation of the case. We recall the OPCW’s conclusion that a similar nerve agent was used in Salisbury in 2018, resulting in the death of a British citizen, for which three Russian suspects have been charged.

    37. We again urge the Russian authorities to investigate and credibly explain the use of a chemical weapon on its soil considering Russia’s obligations under the CWC. We recall the questions asked on 5 October 2021 by 45 States Parties, including all G7 members, to Russia under Article IX of the CWC, which were not adequately answered by the Russian Federation. We support the statement made by 56 States Parties at the November 2021 OPCW Conference of the States Parties, calling on Russia to account for the use of a chemical weapon on its territory. We welcome actions, such as sanctions, taken by G7 members in response to those individuals and entities deemed to be involved in the development and use of chemical weapons. We also condemn Russia’s attempts to shield Syria from accountability for the Syrian regime’s use of chemical weapons.

    38. Syria’s chemical weapon use in violation of the CWC continues to be a matter of grave concern. We welcome the decision of the OPCW Conference of the States Parties to suspend Syria’s rights and privileges under the CWC, until it completes the steps set out in the OPCW Executive Council Decision of 9 July 2020. We urge the Syrian authorities to cooperate fully and comply with their obligations. We deplore disinformation about chemical weapon use in Syria and we are committed to supporting the OPCW Technical Secretariat’s work in investigating chemical weapon use in Syria, identifying those responsible, and ensuring Syria’s declaration is full and accurate. Syria will be held to account for any failures to meet its obligations. We commit to ensuring the full implementation of UNSCR 2118 (2013) and the elimination of Syria’s chemical weapons programme once and for all.

    39. We remain gravely concerned by the accelerating proliferation of ballistic and other missile technologies, including at the hands of non-state actors, which is a threat to regional and global security. Recalling the G7 NPDG “Initiative on Countering Illicit and/or Destabilizing Missile Activities” launched by the French Presidency in 2019, we remain engaged in countering missile proliferation activities and strengthening missile governance.

    40. We reaffirm our commitment to the Missile Technology Control Regime (MTCR), and we call on all states to unilaterally adhere to the MTCR guidelines and reiterate the importance of the fundamental principles underpinning ballistic missile non-proliferation including in accordance with UNSCR 1540 (2004). We are committed to further increasing the effectiveness of the MTCR.

    41. We strongly support the Hague Code of Conduct against Ballistic Missile Proliferation (HCoC) and call for its universalisation. In the 20 years since its establishment, the HCoC has proven to be an important transparency and confidence building measure that encourages responsible behaviour and restraint in the development, testing and deployment of ballistic missiles capable of delivering weapons of mass destruction, and aims to curb and prevent proliferation of such ballistic missiles. We will work towards the goals of universalization and full implementation of the HCoC, notably on the occasion of its 20th anniversary.

    42. The G7 re-affirms the importance of coordinated action to counter illicit intangible technology transfer and protecting academia and business sectors from hostile state exploitation. While promoting an environment in which science, technology and research collaboration can flourish, we are resolved to address the challenges posed by the misuse and illicit diversion of technology critical for the development of weapons of mass destruction, their means of delivery and for advanced military technology programmes by state and non-state actors, as well as by dual-use research of concern, notably in the field of life sciences.

    43. The G7 members commit to enhancing export controls on materials, technology and research that could be used to develop weapons of mass destruction and their means of delivery. We plan to strengthen controls on materials (including dual-use components), technology and research that could support the development of advanced conventional weapons, ensuring that enhancements are proportionate and avoid negatively impacting on legitimate exports.

    44. The G7 is committed to acting to counter proliferation financing which, left unchecked, undermines the integrity of the global financial system and fuels threats to our common security. We therefore welcome the recent changes to the Financial Action Task Force standards regarding targeted financial sanctions on the DPRK and Iran, which, for the first time, expect all countries and regions to take concrete steps to understand the proliferation financing risks they face, and to oblige their financial sectors and designated non-financial business professions to do the same. Only by understanding the truly global reach of proliferation networks will we meet our responsibility to tackle this activity.

    45. We are determined to prevent illicit transfers and destabilizing accumulation of conventional weapons and ammunition, and to increase the safety and security of stockpiles, including by deploying our technical expertise, sharing best practices, e.g. in the framework of the UN Programme of Action on Small Arms and Light Weapons (SALW), and the International Ammunition Technical Guidelines, and by adhering to international law and norms on responsible transfer.

    46. The diversion of ammunition to unauthorized users, including criminals and terrorists, facilitates and fuels armed violence and armed conflict. Mindful of these implications for security and sustainable development, we strongly support the German-led initiative for a comprehensive framework to support safe, secure, and sustainable ammunition management at the national, sub-regional, regional, and global level and the Open-Ended Working Group (OEWG) mandated to carry out work in this regard. We encourage all states to engage constructively in the OEWG aiming at elaborating a set of political commitments as a new global framework that will address existing gaps in through-life ammunition management, including international cooperation and assistance.

    47. We advocate for the reinforcement of regimes that regulate the transfer and prevent the diversion of conventional weapons and ammunition in line with international law and norms, including the Arms Trade Treaty. We commit to adapting, where necessary, relevant regimes as new technologies are developed. In dialogue with other technology leaders, we seek to shape the global debate on responsible civilian and military use of new technologies, considering security and defence considerations and securing adherence to international law, in particular International Humanitarian Law and, where applicable, International Human Rights Law. Where necessary, new international principles for responsible use should be considered.

    48. As space activities evolve, the norms, rules and principles governing space activities should also evolve. State threats to the secure, safe, sustainable, and peaceful uses of outer space are of serious concern. Given that our societies are increasingly reliant on space systems for their security and prosperity, we are determined to reduce the risk of misperception and miscalculation and reduce space threats. We commit to engaging the international community to uphold and strengthen a rules-based international order for outer space.

    49. Establishing norms, rules and principles for responsible space behaviours is a pragmatic way forward to enhance security, mitigate threats against space systems and reduce the risks of misperception, miscalculation, and escalation. We strongly support the UK-led initiative at the UN General Assembly and the resulting UN Open Ended Working Group (OEWG) on “Reducing space threats through norms, rules and principles of responsible behaviours”. We encourage all states to positively engage in the OEWG that aims to build a common understanding of responsible space behaviours and consider first proposals for norms, rules, and principles in that regard.

    50. We call upon all nations to refrain from conducting dangerous and irresponsible destructive direct-ascent anti-satellite missile tests like those carried out by the Russian Federation on 15 November, 2021. We welcome the US commitment not to conduct destructive direct-ascent anti-satellite missile tests. We reiterate the need to cooperate with all States and space actors to strengthen safety, security, stability, and sustainability of outer space and help all countries benefit from the peaceful exploration and use of outer space.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Global: Neanderthal remains found in France reveals there were not one, but at least two lineages of late Neanderthals in Europe

    Source: The Conversation – France – By Ludovic Slimak, Archéologue, penseur et chercheur au CNRS, Université de Toulouse III – Paul Sabatier

    31 out of 34 of Thorin’s teeth were found, making it the most complete dentition ever found from a Neanderthal. Ludovic Slimak, Fourni par l’auteur

    The prevailing narrative of how humanity came about seemed straightforward enough: in Europe, the last Neanderthals bowed out as Homo sapiens began arriving on the continent around 40,000 to 45,000 years ago. Neanderthals were thought to be part of a single, genetically homogeneous population, spread across Spain, France, Croatia, Belgium, and Germany. Genetic studies supported this view, suggesting a uniform population that would eventually give way to the newcomers, Homo sapiens. In just a few millennia — between 45,000 and 42,000 years ago — the brief cohabitation of these two species in Europe ended with the replacement of Neanderthals. The explanation was elegant and simple – perhaps a little too simple.

    A new lineage of Neanderthals

    Our research published in Cell Genomics on 11 September complicates this picture, revealing that there was not one, but at least two lineages of Neanderthals, following genetic analysis of body remains found in the Mandrin Cave, southeastern France. The study in Cell Genomics, which I co-lead with Tharsika Vimala and Martin Sikora, population geneticists at the University of Copenhagen in Denmark, as well as Andaine Seguin-Orlando, a paleogenomicist at the University of Toulouse, is the culmination of nearly ten years of research leading to the discovery of France’s first Neanderthal body since 1978. We have chosen to call him Thorin after the writings of J.R.R. Tolkien, since Thorin was one of the last dwarf kings in Tolkien’s lore. Fittingly, the Thorin of the Mandrin Cave is believed to be one of the last Neanderthals.

    He is among the most recent occupations of the Mandrin Cave. We discovered his first teeth in 2015, lying on the ground at the cave’s entrance, barely covered by a few leaves. Although the teeth were initially exposed, they were embedded in fragile sand, making the excavation delicate. The slightest brush stroke risked displacing the precious remains, making it difficult to determine their precise position in the ground. As the head of research at Mandrin Cave, I decided we proceed to excavate the body with tweezers. Grain by grain, our team worked painstakingly for two to three months each – a process that has lasted for nine years and is still ongoing. This Herculean field effort allowed the recovery of the tiniest remains, which were carefully documented in their original positions. Through three-dimensional mapping, the team has reconstructed the exact location of the remains in the ground.

    Meet Thorin

    So far, 31 teeth (Thorin had 34, representing the first Neandertal ever found with surnumerary molars), along with the jawbone, fragments of the skull, phalanges and thousands of tiny bones have been discovered. The excavation process here requires remarkable patience; after nine years of effort, we have only managed to clear a small window of about 50 cm by 30 cm wide. Numerous remains of this body are likely to gradually emerge in the coming years.

    Our study shows that Thorin’s population diverged significantly from other Neanderthals in Europe over more than 50,000 years. Unlike most late Neanderthals, who display genetic homogeneity, Thorin’s lineage remained genetically distinct from 105,000 years ago until their extinction.

    This raises the question: How could human populations remain isolated for tens of thousands of years, despite living within a two-week walking distance of each other? This is the challenge Thorin presents us with. Evolutionary, cultural, and social processes that seem unimaginable if we try to apply them to Sapiens populations, as we understand them through cultural anthropology, history, and archaeology. Something appears to profoundly differentiate the ways of being in the world of Neanderthals and Sapiens, something far deeper than mere cultural or territorial issues. It confronts us directly with the enigma of Neanderthal and, quite possibly, our own inability to understand these ancient species.

    Thorin’s peers and other ghosts

    Strikingly, we found that Thorin is not the only one in his lineage, with genetic analysis revealing links to another Neanderthal discovered over 1,700 kilometers away, in Gibraltar. This Neanderthal, nicknamed Nana, was thought to be an ancient individual who lived 80 to 100,000 years ago. However, the study in Cell Genomics reveals that Nana and Thorin lived during the same period — within the last millennia of Neanderthal existence. This close genetic proximity suggests that Nana and Thorin belonged to the same population of late Neanderthals, a population that would no longer have any exchanges with the classic European Neanderthals after the 105th millennium and up until their astonishing extinction 42,000 years ago.

    Our study also suggests the existence of a “ghost” Neanderthal lineage — another population that roamed Europe at the same time, yet remains unknown. This implies that there were other Neanderthal populations in Europe in relatively recent periods that belonged neither to the classic Neanderthals nor to Thorin’s population, but genetics is then able to identify moments when Thorin’s ancestors could episodically exchange genes with these ghost populations that remain largely unknown to archaeology and genetics. A fascinating story then slowly begins to emerge in which Neanderthal is not a monolithic block but is represented by different populations that nevertheless developed only rare (and sometimes no) exchanges among themselves.

    Rewriting everything we know about early humanity

    The revelations of additional lineages of Neanderthal are the latest discovery to prompt us to radically rethink our understanding of early humanity. In 2022, after 32 years of archaeological research, our team had already revealed the existence of a first Sapiens migration to European territory 10,000 to 12,000 before the first migrations previously recognized. In the following year, we released three papers questioning our conceptions of this singular moment in human history, redefining not only the timing of these populations’ arrival but also that they had mastered advanced technology such as the bow and arrow, tracing back their steps to the Mediterranean Levant, and proposing a profound redefinition of the entire historical structure of this singular moment in European history.

    The latest discovery of Thorin’s remains, which I began to unveil in The Naked Neanderthal, poses countless questions. Did Neanderthal die out like the dinosaurs following a natural upheaval carrying away his entire world? Around Neanderthal, theories related to climate change, volcanic explosions, cosmic radiation, or devastating epidemics have flourished in recent years. To understand Sapiens replacing Neanderthal, we must, above all, understand what Neanderthal was. And what Sapiens is. And it is my conviction that the nature of the two creatures deeply eludes us.

    The research continues, and, as more discoveries are made, the story only deepens.

    Ludovic Slimak ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    – ref. Neanderthal remains found in France reveals there were not one, but at least two lineages of late Neanderthals in Europe – https://theconversation.com/neanderthal-remains-found-in-france-reveals-there-were-not-one-but-at-least-two-lineages-of-late-neanderthals-in-europe-238606

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI United Kingdom: Chancellor announces new plans to secure UK investment

    Source: United Kingdom – Executive Government & Departments

    The Chancellor closes the International Investment Summit promising the government is bringing investment and jobs back to Britain.

    In a speech to some of the world’s biggest businesses and investors, Rachel Reeves revealed that restoring fiscal stability will be at the centre of her first Budget on 30 October. She made the case that it is the only way to ensure government and business can invest with confidence. 

    The Chancellor went on to set out how two new bodies will drive long-term investment in Britain as the government works hand in hand with business to create new high skilled jobs right across the UK, helping make people better off. 

    Chancellor of the Exchequer Rachel Reeves, MP said: 

    When we said we would end instability, make growth our national mission and enter a true partnership with business we meant it.  

    The decisions which lie ahead of us will not always be easy. But by taking the right choices to grow our economy and drive investment we will create good jobs and new opportunities across every part of the country. That is the Britain we are building. 

    The first announcement from the Chancellor was that from today the UK Infrastructure Bank will operate as the National Wealth Fund (NWF), with its headquarters in Leeds. 

    The National Wealth Fund will catalyse tens of billions of pounds of private investment into in the UK’s clean energy and growth industries, including green hydrogen, carbon capture and gigafactories.

    Building on UKIB’s leadership and expertise, the NWF will go further, able to make investments that maximise the mobilisation of private investment. This will include the ability to trial new blended finance solutions with government departments that take on additional risk to facilitate higher impact in individual deals and performance guarantees. 

    The National Wealth Fund will have a total of £27.8 billion and will work with key industry partners, including mayors, to support delivery of their investment plans. 

    The Government will also bring forward legislation to give the NWF a broader mandate than just infrastructure, ensuring it is a permanent part of government’s investment offer. 

    John Flint, CEO, at the National Wealth Fund said: 

    It is a huge privilege to be entrusted with the responsibility of leading the National Wealth Fund. Building on the strong foundations we have laid as UKIB, we will hit the ground running, using sector insight and investment expertise that the market knows and trusts to unlock billions of pounds of private finance for projects across the UK.

    With additional capital to deploy against a bigger mandate, we stand ready to help the market invest with confidence, in support of the Government’s growth ambitions.

    Alongside this the Chancellor, together with Secretary of State for Business and Trade Jonathan Reynolds, announced a new British Growth Partnership as part of the British Business Bank (BBB). 

    The BBB already supports the UK’s fastest growing, most innovative companies deploying £3.5bn to support over 23,000 businesses last year. 

    The British Growth Partnership will allow it to do more by creating a new way for the British Business Bank and institutional investors to invest in innovative companies together.

    Leveraging the British Business Bank’s market expertise, these long-term investments will be made independently of government on a fully commercial basis. In the coming months, the British Business Bank will seek to raise hundreds of millions of pounds of investment for this fund, with the aim of making investments by the end of 2025.

    Additionally, the government will implement a set of reforms to the British Business Bank’s financial framework that will increase its impact and increase its ability to respond flexibly to the market, including by putting the British Business Bank’s £7.9bn set of commercial programmes on a permanent footing.

    Louis Taylor, CEO, British Business Bank said:

    Today’s announcement is a strong endorsement of the British Business Bank’s 10-year track record, market access and capabilities. By establishing the British Growth Partnership, the Bank will encourage more UK pension fund investment into the UK’s fastest growing, most innovative companies. 

    In addition, reforms to the Bank’s financial framework, putting our £7.9bn commercial programmes on a permanent footing, means we can flexibly re-invest our investment returns over the long term to increase growth and prosperity across the UK.

    Today’s measures follow the Government announcing more than £24 billion of private investment for pioneering energy projects and thousands of jobs in the green industries secured ahead of International Investment Summit.

    This adds to the announcement last week that up to 500 UK manufacturing jobs are set to be supported as bus operator Go Ahead confirms a major £500 million investment to decarbonise its fleet. This includes creating a new dedicated manufacturing line and partnership with Northern Ireland-based UK bus manufacturer Wrightbus.    

    And it also builds on the Government confirming funding to launch the UK’s first carbon capture sites in Teesside and Merseyside. Two new carbon capture and CCUS enabled hydrogen projects will create 4,000 new jobs, in a boost for the economy and British industry, helping remove over 8.5 million tonnes of carbon emissions each year – the equivalent of taking around 4 million cars off the road.    

    Further quotes:

    Dame Julia Hoggett, CEO, London Stock Exchange Plc said:

    It is critically important for the growth of the UK economy that home grown companies are able to access the investment they need to grow, scale and stay in the UK. 

    Access to meaningful UK capital at the scaling phase has been a long-recognised challenge and so we are delighted that British Growth Partnership is being established to help address this problem. This will also facilitate more investment by UK pension schemes into scaling UK companies, providing greater returns for their savers and giving UK investors a greater stake in the UK economy.

    Sir Nicholas Lyons, Group Chair, Phoenix said:

    The UK needs scale and skills to convert our brilliant science and technology start-ups and university spinouts into the successful and sustainable companies of tomorrow.  British Growth Partnership will complement the private sector DC pension industry’s undertakings under the Mansion House Compact to expedite this, directing investment to deliver the best returns for our pension savers.

    Professor Sir John Bell, President, Ellison Institute of Technology said:

    Making sure the best innovative British companies can access the capital they need to scale and stay in the UK is critical for the future of the economy. The Chancellor’s announcement today of the new British Growth Partnership, in addition to confirming £7.9bn of permanent capital for the British Business Bank, are both very welcome and significant steps forward in solving this problem

    Sir Jonathan Symonds CBE, Non-Executive Chair, GSK said:

    This is a welcome step; encouraging institutional investment into the UK’s high-growth-potential companies can provide a real boost to the economy and generate better returns for individuals’ pension investments

    Brent Hoberman, Chairman and Co-Founder, Founders Forum Group, Founders Factory, firstminute capital said:

    It’s great to see the new government taking concrete steps to amplify the Mansion House reforms.   This new British Growth Partnership should help UK startups access further scale up capital to create more world leaders.

    Saul Klein, Co-founder, Phoenix Court and Member of the Council for Science and Technology said:

    The UK has more than 750 venture backed companies generating more than $25m in revenue – this is more than France, Germany, Sweden and the Netherlands combined. These companies have created over 200,000 new jobs and continue to grow but the UK still has $35bn less scale up capital to support these companies than the United States’ Bay Area alone.

    The government’s continued support for the British Business Bank and its focus on addressing this scale up opportunity will be very much welcomed by these 750 companies as well as the cohorts coming behind them.

    Peter Harrison, Group Chief Executive, Schroders plc said:

    These are further helpful initiatives in creating an environment where risk capital can flow into strategically important industries. Every step is welcome in supporting future economic growth.

    Edward Braham, Chairman, M&G said:

    We welcome the creation of the British Growth Partnership which should unlock much needed investment into the UK’s high growth innovative businesses.

    The combination of private and public sector partnerships, underpinned by long term patient capital, is essential to create the conditions for sustainable growth. 

    As a leading international investor, M&G has a proud history of supporting the progress of businesses and communities across the UK, investing in new innovative companies and private assets such as housing, hospitals and transport.

    Steve Bates OBE, CEO of the BioIndustry Association, said:

    Our world-leading, innovative life sciences and biotech sector is a unique competitive advantage for economic growth. The sector attracts expert global investors but a lack of investment from UK-based institutional investors means the economic and social returns are too often lost overseas.

    The British Growth Partnership will help turbo-charge innovative businesses with fresh UK-based capital, enabling them to scale in the UK and deliver more returns to the British economy, and to ordinary people saving for their retirement. This is a win-win-win for UK life science businesses, for UK pension savers and for the forward-thinking financial services sector.

    Kate Bingham, Managing Partner, SV Health and Former Chair UK Vaccine Taskforce welcomed the announcements saying:

    The UK has the potential to be a global leader and hub for healthcare breakthroughs with its strong entrepreneurial and academic base, together with our expertise and innovation in data science and artificial intelligence.

    Making the British Business Bank independent of government as well as launching the British Growth Partnership enables the Bank to catalyse institutional investment, including from pension funds, into brilliant UK companies that are supercharging the development of revolutionary medical treatments including smarter medicines for cancer, Alzheimer’s and blindness.

    Dom Hallas, Executive Director, Startup Coalition said:

    Tech startups and scaleups need a stable and improving funding environment to compete globally. The British Business Bank’s role in helping create that landscape is critical and today’s announcement will help the UK continue to build VC-backed tech companies across the country that are ready to compete with the very best.

    Michael Moore, Chief Executive, BVCA said:

    It is extremely welcome that the Government and the British Business Bank have brought this hugely significant programme forwards so quickly.

    The prize is to get significant new capital into the growth equity and venture capital funds that are creating new industries and backing innovative businesses that will be the backbone of the British economy of tomorrow. The British Business Bank has a vital role catalysing institutional investment into fast growing British businesses and this announcement will boost that work substantially.

    Just 3% of the pensions investment into UK led growth equity and venture capital funds is from UK pension funds. Alongside the Government’s pensions review this major new vehicle can be the start of a major shift that sees UK pensions savers get the improved retirement income that can come from backing funds which deliver active ownership and long-term investment in business.

    Kerry Baldwin, Co-Founder, Managing Partner, IQ Capital said:

    The launch of the British Growth Partnership and the confirmation of a permanent capital allocation for the British Business Bank are two crucial steps forward in solving the lack of access to domestic capital for the UK’s most promising growth companies.

    I very much welcome the Chancellor’s announcement today, she has been hugely engaged with the venture capital and technology sector, and champions the incredible societal impact that our sector enables through investments into innovative technologies across the UK.

    The British Business Bank has been at the heart of powering the next generation of UK venture and growth funds and the launch of the new fund is welcome as part of the pension reforms.  This fund will enable access to world-leading science and innovative investments which increase productivity by transforming legacy industries through the adoption of novel technologies and also by providing growth capital to the next generation of globally leading frontier technologies which are solving pressing critical global issues from climate change to energy transition.

    Dr Andrew Williamson, Managing Partner, Cambridge Innovation Capital, and member of BVCA Council said:

    Since its formation in 2018, British Patient Capital has played a central role in the growth of the UK’s knowledge-intensive innovation ecosystem.  It has built a world leading team and investment platform with a strong track record of investing in UK deeptech and life sciences companies and the venture capital funds that support these companies. 

    The British Growth Partnership will make the Bank’s extensive expertise available to a broader range of institutional investors, providing attractive returns for those investors and increasing the capital available for leading UK start-up and scale-up businesses.

    Duncan Johnson, Chief Executive Officer, Northern Gritstone said:

    We at Northern Gritstone believe that skilled partnerships that channel patient investment into long-term growth and innovation are more important than ever for the UK. 

    By establishing the British Growth Partnership, the British Business Bank is creating a pathway for pension funds and institutional investors to support the future today. Through investment we can create and scale the world class businesses of tomorrow in the UK which is the platform for growth for our economy over the decades to come.

    Irene Graham OBE, CEO, ScaleUp Institute said:

    The ScaleUp Institute has long evidenced the important role of development banks and Sovereign Wealth Funds to global scaleup economies.  The Government’s  placement of the British Business Bank commercial initiatives into permanency, with greater  flexibility, alongside the creation of the great British Growth Partnership are very much welcome and represent significant milestones for the UK economy. 

    Alongside a National Wealth Fund these entities and commitments should further address structural, regional and sectoral disparities and ensure our innovative scaling businesses across the country are better connected, at all stages of growth, to the vital patient capital and institutional funds to enable their global scale and continue to foster our international competitiveness.

    Lisa Quest, Managing Partner UK and Ireland, Oliver Wyman:

    Today’s announcement is a significant milestone for the UK economy. The National Wealth Fund will increase investment across key sectors and accelerate the UK’s clean energy transition. I look forward to the many contributions this initiative will unlock for years to come.

    Dr Rhian-Mari Thomas, Chair of the Taskforce and CEO of the Green Finance Institute said:

    The NWF creates an opportunity for simplification and scale. The challenge now is to ensure it delivers private capital at the pace we need, through innovative risk-sharing transactions in new technologies.


    On top of today’s announcements, the government expects both successful bidders of the Long-Term Investment for Technology and Science (LIFTS) competition, Schroders and ICG, to begin making investments via their new funds in late 2024. Supported by pensions capital from Phoenix Group, the aim is to generate over a billion pounds of investment into UK science and technology companies.

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    Published 14 October 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Global: Ukraine faces worsening odds on the battlefield and a struggle on the diplomatic front after Biden postpones summit

    Source: The Conversation – UK – By Stefan Wolff, Professor of International Security, University of Birmingham

    In May 2023, Ukraine’s president, Volodymyr Zelensky, embarked on a whistle-stop tour of European capitals to shore up support from his western partners in the run-up to Ukraine’s summer offensive that year. His tour was a relative success – the subsequent offensive less so.

    Fast forward 18 months, and Zelensky has once again been visiting London, Paris, Rome and Berlin in search for western support. This time, he sought backing for his victory plan. But the odds now are clearly stacked against Ukraine on the battlefield. And Zelensky also faces an uphill struggle on the diplomatic front.

    The initial plan for Zelensky and his allies had been to convene at a meeting of the Ramstein group. This is the loose configuration of some 50 countries who have supported Ukraine’s defence efforts since the start of the full-scale Russian aggression in February 2022.

    With the US president, Joe Biden, scheduled to attend after a state visit to Germany, the gathering at Ramstein Air Base in Germany had been pitched at the level of heads of state and government. It was expected that there were to be some big announcements of continuing support for Ukraine.


    The world is watching the US election campaign unfolding. Sign up to join us at a special Conversation event on October 17. Expert panellists will discuss with the audience the upcoming election and its possible fallout.


    But with hurricane Milton scheduled to hit Florida, Biden was forced to cancel his trip. While Biden’s visit to Germany has apparently been rescheduled for October 18, 2024, the Ramstein meeting remains postponed.

    This has deprived the Ukrainian president of the chance to pitch his victory plan to his more important allies. So he has been unable to get them to commit to the support that will be necessary to implement it.

    We don’t yet know much about the Ukrainian victory plan. From what has been released or leaked, it appears to boil down to five key demands.

    Zelensky wants an accelerated path to Nato membership. He is also asking for a Nato-enforced no-fly zone over western Ukraine and more air-defence systems for the country to better protect its own skies.

    Other key elements of the plan involve permission to use western-supplied long-range missiles against targets deep inside Russia, the delivery of long-range German Taurus ballistic missiles and significant investment into Ukraine’s defence industry.

    Most of these demands are non-starters in western capitals. That much was already made clear during Zelensky’s recent trip to New York and Washington in mid-September.

    The Ukrainian president managed to get his US counterpart to authorise US$8 billion (£6.12 billion) in further security assistance. But there has been no progress on lifting the restrictions that the US and other allies are placing on Ukraine’s use of western military aid against Russian territory.

    The western alliance remains divided on this. And the US is particularly sceptical of its strategic value.

    Similarly, the prospect of Ukraine joining Nato continues to be remote – not least as it would require the consent of all 32 current member states. The Slovak prime minister, Robert Fico, has openly stated that he will veto Ukraine’s accession to the alliance. His Hungarian counterpart, Victor Orban, is also well known for his opposition to Kyiv joining the alliance.

    More damaging to Ukraine’s Nato aspirations, however, is a similar reluctance in both Washington and Berlin. This has been key in ensuring that the two most recent Nato summits in Vilnius in 2023 and Washington in 2024 only re-affirmed that “Ukraine’s future is in Nato” but failed to attach a clear timeline to it.

    Kyiv’s allies need to double down – now

    At the end of his meeting with the German chancellor, Olaf Scholz, on October 11, Zelensky secured another €1.4 billion (£1.17 billion) worth of air defences, tanks, drones and artillery, to be jointly delivered by Germany, Belgium, Denmark and Norway.

    But Taurus ballistic missiles – top of Kyiv’s shopping list – are not included in this package. While predictable, this was a major disappointment for Zelensky. As was the fact that he essentially walked away empty-handed from his meetings in London, Paris and Rome.

    There is no indication that any of these major allies are likely to withdraw their support. But it is equally clear that they are not prepared to increase it decisively.

    This was also evident during the visit to Kyiv of the new Nato secretary-general, Mark Rutte, on October 3. Rutte travelled to Ukraine within days of assuming the role to reiterate the continuation of the alliance’s support. But as symbolically important as this was, he merely confirmed what had already been agreed rather than announcing anything new.

    The EU did marginally better. On October 10 it was announced the bloc was set to extend the training programme for Ukrainian troops until the end of 2026. The mission was launched in November 2022 and has trained some 60,000 troops to date. That’s about half of all Ukrainian soldiers trained abroad – and three times the number who received training from the US.

    The EU’s overall aid to Ukraine now stands at €162 billion since the beginning of the war in 2022, compared to €84 billion from the US. Two-thirds of US aid is military in nature, and with almost €57 billion to date, it dwarfs the contributions by Germany and the UK, the two next-largest donors with around €10 billion each.

    These are impressive numbers and there can be no doubt that Ukraine would have lost this war long ago without support from its western allies. Yet, the fact is that what Ukraine’s western partners currently provide is barely enough to prevent a Ukrainian defeat, let alone enable Ukraine to implement its victory plan.

    Vladimir Putin has consistently raised his country’s war effort to meet any challenges presented over the course of the conflict. Unless the west doubles down on its support to allow Kyiv to do the same, not only will Ukraine not win this war, it is in serious danger of losing it.

    The high-level meeting planned for Ramstein would have been the opportunity for the west to change gear decisively. Ukraine can only hope that its postponement, rather than outright cancellation, means its allies may yet step up to the plate.

    Stefan Wolff is a past recipient of grant funding from the Natural Environment Research Council of the UK, the United States Institute of Peace, the Economic and Social Research Council of the UK, the British Academy, the NATO Science for Peace Programme, the EU Framework Programmes 6 and 7 and Horizon 2020, as well as the EU’s Jean Monnet Programme. He is a Trustee and Honorary Treasurer of the Political Studies Association of the UK and a Senior Research Fellow at the Foreign Policy Centre in London.

    – ref. Ukraine faces worsening odds on the battlefield and a struggle on the diplomatic front after Biden postpones summit – https://theconversation.com/ukraine-faces-worsening-odds-on-the-battlefield-and-a-struggle-on-the-diplomatic-front-after-biden-postpones-summit-240805

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI: Correction: Innofactor Plc: Managers’ Transactions – Sami Ensio

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Managers’ Transactions, on October 14, 2024, at 19:45 Finnish time

    Innofactor Oyj – Managers’ Transactions

    ____________________________________________

    Person subject to the notification requirement
    Name: Sami Ensio
    Position: Chief Executive Officer
    Issuer: Innofactor Oyj
    LEI: 7437008OSKQFEDZYD835
    Notification type: AMENDMENT
    Reference number: 81087/5/4

    Amendment comment:
    This notice corrects an error in the stock exchange release dated October 11, 2024. The error pertained to the execution date of the share transfer. The correct execution date of the transaction is October 14, 2024.

    ____________________________________________

    Transaction date: 2024-10-14
    Venue: NASDAQ HELSINKI LTD (XHEL)
    Instrument type: SHARE
    ISIN: FI0009007637
    Nature of transaction: DISPOSAL

    Transaction details
    (1): Volume: 148127 Unit price: 1.68 EUR

    Aggregated transactions (1):
    Volume: 148127 Volume weighted average price: 1.68 EUR

    Espoo, October 14, 2024

    INNOFACTOR PLC

    Eija Theis, General Counsel

    Additional information:
    Eija Theis, General Counsel
    Innofactor Plc
    Tel. +358 44 343 4278
    eija.theis@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    http://www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. http://www.innofactor.com
    #ModernDigitalOrganization #PeopleFirst #CreatingSmiles #BeTheRealYou

    The MIL Network –

    January 23, 2025
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