Category: Switzerland

  • MIL-OSI: Interim Management Statement Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    17 February 2024

    HARGREAVE HALE AIM VCT PLC
    (the “Company”)

    Interim Management Statement

    Q1 2025

    Introduction

    This interim management statement covers the first quarter of the 2024/25 financial year, 1 October 2024 to 31 December 2024. Investment performance measures contained in this report are calculated on a pence per share basis and include realised and unrealised gains and losses.

    Overview

    Once again, we have endured a difficult start to the financial year, albeit for very different reasons. The 2024 Autumn budget, preceded by some unhelpfully stark messaging, has weighed on economic activity. GDP, employment reports and PMI surveys all highlight a notable softening in the UK economy through the second half of (cal.) 2024.

    Measures of UK consumer and business confidence dipped, suggesting that households and companies were becoming increasingly cautious. Although a very significant increase in public spending is expected to support economic activity pickup in 2025, there is clear evidence that The Office for Budget Responsibility forecast for GDP to increase from 1.1% in 2024 to 2.0% in 2025 is likely to be revised lower when next updated.

    UK fiscal policy is seen as being negative to growth and positive for inflation. In the round, this adds up to fewer rate cuts in 2025. With higher inflation and lower growth undermining the case for lending to the UK Government, UK Gilt yields broke out to the upside and Sterling to the downside. The move higher in borrowing costs was exacerbated by higher yields in the US Treasuries market. The Government is on the back foot and will need to respond before the 2025 Autumn budget.

    None of this has been helpful for investor interest in UK equities with outflows increasing again after a period of improving sentiment through the early Summer. This was particularly acute for AIM and, more broadly, the IA UK Small Cap sector.

    Reflecting this, the FTSE AIM All-Share Index was noticeably weak ahead of and subsequent to the budget, with the index steadily declining for 7 months through to 31 December 2024. Within the period, the AIM All-Share index returned -2.32% in the three months to 31 December 2024, lagging the FTSE All Share Index (-0.35%). We continue to believe that many small companies trading on AIM offer exceptional value.

    Performance

    In the three months to 31 December 2024, the unaudited NAV per share decreased by 0.40 pence from 40.55 pence (cum-dividend) to 40.15 pence, giving a total return of -0.99%.

    The qualifying investments fell by 0.09 pence per share whilst the non-qualifying investments made a loss of 0.25 pence per share. The adjusting balance was the net of running costs and investment income.

    Qualifying Investments

    Aquis Exchange (+93.1%, +£1.66m) received a takeover offer from its larger Swiss peer SIX Exchange at 727p. This was a 120% premium to the previous closing price, a 45% premium to the average share price over the prior 12 months and slightly above the 2021 share price high of 720p. This equates to an exit multiple of 4.7x for the VCT. The transaction was approved on 18 December 2024 and is expected to complete in Q2 2025.

    PCI-PAL (+30.3%, +£1.09m) reported good FY24 results with revenues +20% to £18.0m and positive EBITDA of £0.9m. The company also reported strong SAAS metrics with ARR growing by 23%, Net Retention Rate at 102% and low churn. Following a £3.3m fundraise in March 2024, the balance sheet is strong with £4.3m cash. Positive news flow continued subsequently with a key contract renewal and in-line AGM trading update. Post period end, the company reported strong trading for the 6m to 31 December 2025 and re-iterated guidance for FY25.

    Cohort (+15.0%, +£0.65m) announced strong interim results for the 6m to 31 October 2024 with revenues increasing by 25% and a record order book of £541m. The company confirmed it remains on track to achieve market forecasts for FY25. Separately, Cohort announced the £74m acquisition of Australian-based satellite communications company EM Solutions. The acquisition was partly funded through existing cash & debt facilities, combined with a £40m fundraise at 875p.

    Following weak financial performance in FY24, Equipmake (-40.0%, -£0.93m) raised £3m in October 2024. The additional capital, when combined with cost action, has extended the company’s cash runway to March 2025. This was followed by the subsequent launch of a strategic review and a formal sale process.

    Fadel (-42.9%, -£0.72m) saw customer implementation delays and an unsuccessful new business tender. Revenue forecasts for FY24 were reduced by 12% from $14.8m to $13m. The high drop through of revenues to profits meant that projected FY24 EBITDA losses increased from $2.3m to $4m. The company has adopted a more disciplined approach to cost that has yielded an improved outlook for losses and cash performance in 2025.

    Team Internet (-27.7%, -£0.43m) shares fell sharply in Q4 2024 as the company announced that revenues at a recently acquired online marketing business Shinez would fall short of expectations. More recently the shares have begun to recover as the company announced it had received a preliminary takeover proposal.

    Non-Qualifying Investments

    The IFSL Marlborough UK Micro-Cap Growth Fund (+0.6%, +£0.06m) and IFSL Marlborough Special Situations Fund (-1.3%, -£0.13m) were broadly flat over the period. Within the non-qualifying portfolio, the weaker outlook for the UK economy following the Autumn budget impacted WH Smith, Wickes and Hollywood Bowl. Chemring also fell as earnings forecasts were impacted by rising national insurance costs and the curtailment of the company’s share buy-back in favour of preserving funds for organic investment.

    Portfolio structure

    The VCT is comfortably above the HMRC defined investment test and ended the period at 87.5% invested as measured by the HMRC investment test. By market value, the weighting to qualifying investments increased from 56.0% to 56.9%.

    The market remains very subdued with just two VCT qualifying IPOs within the last 12 months. There were two new equity investments into companies listed on AIM and one CLN into an existing portfolio company listed on AIM. We remain hopeful that improving market conditions will help drive an increase in deal flow during 2025.

    The new qualifying investments included a following on (CLN) investment into Rosslyn Data Technologies and new equity investments into Feedback and Ixico. There were no material disposals in the quarter. We sold two legacy tail investments (Gfinity and Surface Transforms) and trimmed our investment in Cohort following a period of strong share price performance.

    There were no substantial changes to the allocation to the two IFSL Marlborough Funds, non-qualifying equities, fixed income, ETFs or cash which respectively represented 13.4%, 6.8%, 12.9%, 0.4% and 9.6% of net assets.

    The HMRC investment tests are set out in Chapter 3 of Part 6 Income Tax Act 2007, which should be read in conjunction with this interim management statement. Funds raised by VCTs are first included in the investment tests from the start of the accounting period containing the third anniversary of the date on which the funds were raised. Therefore, the allocation of qualifying investments as defined by the legislation can be different to the portfolio weighting as measured by market value relative to the net assets of the VCT.

    Share Buy Backs & Discount

    3.9 million shares were acquired in the quarter at an average price of 38.27 pence per share. The share price decreased from 39.00p to 38.40p and on 31 December 2024 traded at a discount of 4.74% to the last published NAV per share (as at 27 December 2024, published on 31 December 2024).

    Post Period End

    The unaudited NAV per share increased from 40.15 pence to 40.22 pence (cum div) as at 7 February 2025, an increase of 0.17%. The FTSE AIM All-Share index increased by 0.09%.         

    END

    For further information please contact:

    Oliver Bedford, Canaccord Genuity Asset Management

    Tel: 020 7523 4837

    LEI: 213800LRYA19A69SIT31        

    The MIL Network

  • MIL-OSI Asia-Pac: Text of the Vice President’s Address At The 10th Convocation Of Shri Mata Vaishno Devi University, Jammu (Excerpts)

    Source: Government of India (2)

    Posted On: 15 FEB 2025 4:05PM by PIB Delhi

    Jai Mata Di.

    From every consideration, a convocation address is difficult because the expectations are high. There is obvious belief that the person imparting the convocation address will say something novel. My task has been rendered very difficult. It is daunting and formidable because the Honourable Chief Minister Omar Abdullah has with enormous talent focused on relevance of convocation. One of the best addresses on the point I have come across and let me tell you he comes in the same league as that of chancellor of Jawaharlal Nehru University, a former diplomat, former foreign Secretary, Kanwal Sibal.

    I am sure you would bestow full attention on what the Honourable Chief Minister has imparted to you, but I have been completely pre-empted by the Lieutenant Governor, who has traversed much beyond what I had in mind, his address is inspirational, motivational and gives you a direction. His focus has been on what we need to reflect, he has as a matter of fact made a clarion call that you before us today and your class, the class of young minds, boys and girls, you are the most vital stakeholders of democracy, and you are lucky. If I may quote Rabindranath Tagore. Rabindranath Tagore has visualised and envisioned, what Bharat should do. “Where the mind is without fear and the head is held high.” we missed this ecosystem for a very long time. But now, boys and girls, you are living in times where you can have mind without fear because our economy is blossoming. Bharat is witnessing economic upsurge unknown before, and we are without fear because the
    nation’s rise is being accoladed by global institutions as a favourite destination of investment and opportunity.

    Never before in the history of this country since independence, the voice of Indian Prime Minister was so resonant with global leaders. With his election for the third time after 60 years, as Prime Minister has put him in the big league of global leaders and now India’s prime minister is not noticed, he his epicentre of notice and that is the achievement which you have. Boys and girls, another big change, which we did not have during our times and the change is you have an ecosystem because of affirmative governance initiative, forward-looking policies, and a new education policy that allows you to fully exploit your talent and potential and realise your dreams and ambitions. And therefore, those who after getting the degrees I congratulate them, frog leaping into the larger domain, have enormous vistas before them to make themselves in satisfaction mode. Make the teachers and parents proud and contribute for the nation.

    And therefore, I have no hesitation in saying, I would not like to reiterate what has been said with great emphasis by the Honourable Lieutenant Governor and the Chief Minister. But for me, it’s a nostalgic moment, there are three visits to Jammu and Kashmir that I recollect. One was in early 80s. I visited places Gulmarg, Sonamarg, all places that could possibly be there along with my wife and our daughter. The second was a very painful experience. I was elected to Parliament in 1989. I was a Union Minister when I came to Srinagar as a member of the council of ministers. Boys and girls, you may not recollect because you have to look back into history. We did not see even dozens of people on the streets of Srinagar and the national scene was one of gloom.
    भारत जिसको सोने की चिड़िया कहते थे उसका सोना विदेशों में जहाज के द्वारा गिरवी रखा गया Switzerland के बैंक में। and why, because our foreign exchange was in doldrums. Around US$1 billion and look at where we are at the moment. It was a glorifying moment for me in Rajya Sabha when it was declared that in Jammu and Kashmir, more than two crore tourists had visited. The aspirations of generations found wings when the constitutional walls of separation crumbled in 2019 with the historic abrogation of Article 370. Article 370 was a temporary article in the Constitution. And to young minds, let me invite your attention to two aspects. Dr. B. R. Ambedkar, the architect of the Indian Constitution drafted all articles of the Constitution except Article 370.

    I would urge you to go into historical perspective to know the background why he declined. Another towering giant of Indian political firmament, Sardar Patel took upon himself the task of integrating princely states except the state of the Jammu and Kashmir. But now in 2019 a big change has taken place. In the sacred land of Mata Vaishno Devi, a new pilgrimage began. The journey from isolation to integration, the winds of change have brought peace and progress. For the first time, the region experienced true national integration.

    There was a demand by a great son of the soil. एक देश में एक निशान, एक प्रधान, एक विधान। That is accomplished. And what will happen? I am sure about it. Disturbance has yielded to order where we witness disorder as the normal order, we now have the real order. Jammu and Kashmir, witnessed the highest voter turnout in 35 years during the 2024 Lok Sabha polls and just take note of it. With a 30-point increase in Kashmir Valley participation, democracy has found its real voice, its real resonance. I reiterate it. In 2023, over 2 crore tourists visited Jammu and Kashmir. The result was boosting local economy. The heaven on earth is now full of hope and prosperity. It is a global attraction. Every investment proposal in New Kashmir isn’t just about capital, it’s about truth being restored, faith being rewarded.

    The change is not imperceptible; it is perceptible. Perception has changed, ground reality is changing, hopes of the people are soaring. Private investment proposals I am happy to share with you worth Rs 60000 crores were received in two years. They signal economic interest in the state of Jammu and Kashmir, in this area. Foreign direct investment entered Jammu and Kashmir for the first time after 2019 with multiple International companies showing interest. The area is no longer a story of conflict, but it is confluence of confidence and capital. The opportunity basket in Jammu and Kashmir is expanding and continues to bloom. There is no need now to leave the region. The call is be the architects of this new dawn. Education undoubtedly is the most impactful transformative mechanism. It brings about equality that is need of the society. It caps inequities. education defines democracy. And imagine educational institutions show significant growth. This being one, but IIT, IIM, AIIMS establishing campuses in the region. Post 2019 is a great signal.

    The change, boys and girls, with urge to have passion for a particular stream in academics at prestigious institutions, institutions of eminence in their area. The region’s first Multiplex opened in Srinagar in 2022 marking the return of cinema after three decades. When we look around infrastructural growth, the development in this area is standing out. Around thousand recognised start-ups and more significantly as I find in the audience also, amongst the youth, a gender balancing. One third of the start-ups are led by women. Jammu and Kashmir’s transformation is a part of a larger national revolution with everyone contributing to a new developed India. This is not just a change. It is a renaissance.

    I fully agree with the Lieutenant Governor when he reflected the history of industrial revolutions. We are at the cusp of no less than an industrial revolution on account of onslaught of disruptive technologies. There is paradigm shift every moment. we have to content with disruptive technologies, artificial intelligence, internet of things, machine learning, Blockchain, and the kind. And I’m happy to share with the young minds that the focus which India has bestowed by way of quantum computing, green hydrogen mission, 6G, the commercial exploitation of 6G in the second phase will start in 2025 to 2030. It is for the first time the country has seen development in sea, on sea surface, under the ground, on the ground, in the sky, in the space and that offers new opportunities to young minds. Space economy, blue economy, are the things that attract your attention. Your opportunity basket, you have to focus on it. The traditional groove, the silos of  government jobs, you must get detached because hand-holding policies of the government allows you to take a big leap.

    Let me tell you, this day is Dikshaant, it is not Sikshaant. Learning never stops. You cannot stop learning, it has to be with you lifelong. Let me make a reference to what a Pre-Socratic philosopher said, Heraclitus. The only constant in life is the change. He buttressed it by an illustration that the same person cannot enter the same river twice because neither the person is the same nor the river is the same.

    In addition to what the Honourable Chief Minister has imparted to you, I will just add fear of fear invites failure. Fear of fear is myth. Never hesitate to experiment if an idea occurs in your mind. This mind irrespective of technology of any nature, there is no substitute of this. Don’t allow it to be a parking space of an idea, experiment, as rightly pointed out by the Honourable Chief Minister. There is nothing like failure, a setback is a step towards success. Chandrayaan 3, which created history by landing India’s spacecraft on the South pole of moon, in ShivShakti point with Tiranga, owes its success to Chandrayaan 2. I wholly disagree with people who thought Chandrayaan was not a success, it was. But we believe in a mindset that success has to be hundred percent. No. If you look into historical innovations great creations, you can see. And therefore, I wish to convey to my young friends you are seeing a Bharat which is not a nation of potential, it is a nation fully exploiting its potential. A developed nation status is not our dream. It’s our goal, a definitive goal.

    I joined the LG when the Lieutenant Governor made a clarion call to you. ये यज्ञ है, इस यज्ञ में आप अपनी आहुति दीजिए । सामर्थ्य के अनुसार दीजिए क्योंकि youth से ज़्यादा प्रजातंत्र में और कोई stakeholder नहीं है ।You have to drive the engine of progress. Nothing stops you because we are proud Indians. हम भारतीय हैं, भारतीयता हमारी पहचान है, राष्ट्रवाद हमारा धर्म है। हमारा परम कर्तव्य है कि हर हालत में हम राष्ट्रहित को सर्वोपरि रखें। कोई भी ऐसा हित नहीं है, राजनीतिक और व्यक्तिगत, जो राष्ट्रहित से बड़ा है।अब समस्या आती है और कई नवयुवक मुझे कहते हैं कई नवयुवती कहती हैं हम क्या करें । I will call upon you on this particular day to focus on five points in particular. Each one of you boys and girls, you can do it, and you must do it. पाँच प्रान । ये पंच प्रण बहुत महत्वपूर्ण है। इनके अंदर है पारिवारिक मूल्य। परिवार के साथ जुड़ कर रहिए, माता पिता का सम्मान कीजिए, पड़ोसी का आदर कीजिए, समाज का अभिन्न अंग बनिए, पर्यावरण की चेतना करनी चाहिए। अपने पास धरती माँ के अलावा रहने की दूसरी जगह नहीं है। जब प्रधान मंत्री ने देश को आह्वान किया कि माँ के नाम एक पेड़ लगाओ, वो एक भावना को उजागृत करना था कि पाँच हजार की संस्कृति के अंदर जो ज्ञान है पर्यावरण के लिए उसका हमे बोध होना चाहिए। अब ये जन आंदोलन बन गया है इसका ध्यान दीजिए । India is nerve center of culture in the world, no country can take pride the way we can take because we have 5,000 years of civilisational ethos. हमारी सांस्कृतिक विरासत, सांस्कृतिक सभ्यता, ज्ञान का भंडार अद्वितीय है। ऐसी स्थिति में we must nurture our cultural values.

    आत्मनिर्भरता। महात्मा गांधी ने कहा था – स्वदेशी, एक शब्द था, उस समय की अर्थव्यवस्था को हिला कर रख दिया। खादी के उपयोग से शुरू हुआ। वर्तमान प्रधानमंत्री ने इसको एक नया आयाम दिया है – Vocal for Local। आपसे आग्रह करूँगा, गंभीरता से इसका पालन कीजिए। और हर व्यक्ति के कुछ कर्तव्य हैं। अधिकारों की बात हम करते हैं क्योंकि भारत के संविधान में हमें अधिकार मिले हैं—मौलिक अधिकार। पर भारत के संविधान में मौलिक दायित्व भी हैं, पर इसमें संविधान को देखने की आवश्यकता नहीं है। हमारी संस्कृति हमें सिखाती है कि हमारा दायित्व क्या है। We must discharge our civic duties diligently, और यह जब हम करेंगे तो नतीजे निकलेंगे। पहला – we will march, and the march will be fast-tracked for attaining a developed Bharat. We will unshackle ourselves from the colonial mindset। एक तो हम कर चुके हैं, हाल में बहुत बड़ा कदम उठाया गया है। पहले जो दंड विधान था, उसको न्याय विधान कर दिया गया है— unshackling the colonial mindset.

    हमे हमारी विरासत पर गर्व होना चाहिए, क्योंकि ये बेमिसाल है, जड़े मजबूत है । Lieutenant Governor focused कि ११ शताब्दी के आसपास कुछ भटकाव आ गया था, नालंदा गड़बड़ हो गया था, उसका  सृजन हो रहा है। But reflect back on our historical perspective and you will find we had educational institutions like Nalanda, Takshila and many more. People from all over the world took to these institutions for gaining wisdom, knowledge and also sharing it. हमारी एक ही पहचान है वसुधैव कुटुंबकम् । and that is the message we gave to the entire world. One family one planet one future. वसुधैव कुटुंबकम् G20 message.

    मेरा आपसे विनम्र आग्रह रहेगा कि आपको जो डिग्री मिली है  मैं आपको बधाई देता हूँ। a convocation as indicated by the Honourable Chief Minister is a milestone to be ever remembered. This moment will ever be etched in your memory. Please be in connect with people, your friends, all your lives that will be your nectar for the rest of your life. Make it a point. I would urge the vice chancellor that under the visionary guidance of the chancellor, the alumni association must be very vibrant. Institutions thrive on the strength of alumni confederations. I had indicated an idea for a long time that our institutions of eminence like IITs, IIMs, they must have a Confederation of alumni associations because these are natural think tanks. They can help us evolve policies for national interest. I am sure something will be done positive in that direction. I am particularly touched when honour was awarded to Shiv Dutt ji, Nirmoi Ji and Dr Ram Sevak ji.

    A society that recognises talent, a society that acknowledges unimpeachable credentials, a society awards those where the award is well earned by the person that is a signal to the rest of the people merit has a place because we have made exit of patronage. Patronage is no longer a password for opportunity, for success. But what struck me more fundamentally was look at doctorate in literature, doctorate in science. Two are fundamental, there has to be a synergy between the two. The two have to be in sync and that has to be our historical background. If you look at our history, you will find there has been a due regard to both, so I congratulate the chancellor and vice chancellor for being so thoughtful, for such thought-provoking choice that will ever stir our minds inviting our focus. And the address of both of them, though brief, was very illuminating.

    Boys and girls, समय का अभाव है । Time is always a constraint. I will give you 2-3 suggestions. One go for your aptitude. Don’t stress yourself. Don’t carry tension. Because for the first time you are living in an ecosystem, where you can fully utilise your talent, your exploitation of talent by yourself is unstoppable like the rise of Bharat. It is unstoppable now. Two, believe in the words of Vivekanand Ji “arise awake stop not till the goal is achieved”. These are words of Vivekanand Ji when you have to study who he was, he departed from mother India at what age, how he made global impact in that time zone, where travel was very difficult. May Mata Vaishno Devi ever bless you, ever enlighten you, ever guide you, and be a perennial source of inspiration and strength. To ensure your endeavours fructify and that you are always and ever committed to serving the Nation because when Bharat prospers it contributes to global peace.

    I am extremely grateful to the Chancellor, the Honourable Chief Minister and Vice Chancellor for affording me this opportunity. But I am conscious of the divine intervention of Maa Vaishno Devi. माँ का बुलावा आज आया था और माँ का नाम आते ही शरीर में एक संचार होता है sublimity का spirituality का religiosity का और सबके लिए शुभ सोचने का ।

    Thank you so much!

    ***

    JK

    (Release ID: 2103514) Visitor Counter : 57

    MIL OSI Asia Pacific News

  • MIL-Evening Report: Generative AI is already being used in journalism – here’s how people feel about it

    Source: The Conversation (Au and NZ) – By T.J. Thomson, Senior Lecturer in Visual Communication & Digital Media, RMIT University

    Indonesia’s TVOne launched an AI news presenter in 2023. T.J. Thomson

    Generative artificial intelligence (AI) has taken off at lightning speed in the past couple of years, creating disruption in many industries. Newsrooms are no exception.

    A new report published today finds that news audiences and journalists alike are concerned about how news organisations are – and could be – using generative AI such as chatbots, image, audio and video generators, and similar tools.

    The report draws on three years of interviews and focus group research into generative AI and journalism in Australia and six other countries (United States, United Kingdom, Norway, Switzerland, Germany and France).

    Only 25% of our news audience participants were confident they had encountered generative AI in journalism. About 50% were unsure or suspected they had.

    This suggests a potential lack of transparency from news organisations when they use generative AI. It could also reflect a lack of trust between news outlets and audiences.

    Who or what makes your news – and how – matters for a host of reasons.

    Some outlets tend to use more or fewer sources, for example. Or use certain kinds of sources – such as politicians or experts – more than others.

    Some outlets under-represent or misrepresent parts of the community. This is sometimes because the news outlet’s staff themselves aren’t representative of their audience.

    Carelessly using AI to produce or edit journalism can reproduce some of these inequalities.

    Our report identifies dozens of ways journalists and news organisations can use generative AI. It also summarises how comfortable news audiences are with each.

    The news audiences we spoke to overall felt most comfortable with journalists using AI for behind-the-scenes tasks rather than for editing and creating. These include using AI to transcribe an interview or to provide ideas on how to cover a topic.

    But comfort is highly dependent on context. Audiences were quite comfortable with some editing and creating tasks when the perceived risks were lower.

    The problem – and opportunity

    Generative AI can be used in just about every part of journalism.

    For example, a photographer could cover an event. Then, a generative AI tool could select what it “thinks” are the best images, edit the images to optimise them, and add keywords to each.

    Computer software can try to recognise objects in images and add keywords, leading to potentially more efficient image processing workflows.
    Elise Racine/Better Images of AI/Moon over Fields, CC BY

    These might seem like relatively harmless applications. But what if the AI identifies something or someone incorrectly, and these keywords lead to mis-identifications in the photo captions? What if the criteria humans think make “good” images are different to what a computer might think? These criteria may also change over time or in different contexts.

    Even something as simple as lightening or darkening an image can cause a furore when politics are involved.

    AI can also make things up completely. Images can appear photorealistic but show things that never happened. Videos can be entirely generated with AI, or edited with AI to change their context.

    Generative AI is also frequently used for writing headlines or summarising articles. These sound like helpful applications for time-poor individuals, but some news outlets are using AI to rip off others’ content.

    AI-generated news alerts have also gotten the facts wrong. As an example, Apple recently suspended its automatically generated news notification feature. It did this after the feature falsely claimed US murder suspect Luigi Mangione had killed himself, with the source attributed as the BBC.

    What do people think about journalists using AI?

    Our research found news audiences seem to be more comfortable with journalists using AI for certain tasks when they themselves have used it for similar purposes.

    For example, the people interviewed were largely comfortable with journalists using AI to blur parts of an image. Our participants said they used similar tools on video conferencing apps or when using the “portrait” mode on smartphones.

    Likewise, when you insert an image into popular word processing or presentation software, it might automatically create a written description of the image for people with vision impairments. Those who’d previously encountered such AI descriptions of images felt more comfortable with journalists using AI to add keywords to media.

    Popular word processing and presentation software can automatically generate alt-text descriptions for images that are inserted into documents or presentations.
    T.J. Thomson

    The most frequent way our participants encountered generative AI in journalism was when journalists reported on AI content that had gone viral.

    For example, when an AI-generated image purported to show Princes William and Harry embracing at King Charles’s coronation, news outlets reported on this false image.

    Our news audience participants also saw notices that AI had been used to write, edit or translate news articles. They saw AI-generated images accompanying some of these. This is a popular approach at The Daily Telegraph, which uses AI-generated images to illustrate many of its opinion columns.

    The Daily Telegraph frequently turns to generative AI to illustrate its opinion columns, sometimes generating more photorealistic illustrations and sometimes less photorealistic ones.
    T.J. Thomson

    Overall, our participants felt most comfortable with journalists using AI for brainstorming or for enriching already created media. This was followed by using AI for editing and creating. But comfort depends heavily on the specific use.

    Most of our participants were comfortable with turning to AI to create icons for an infographic. But they were quite uncomfortable with the idea of an AI avatar presenting the news, for example.

    On the editing front, a majority of our participants were comfortable with using AI to animate historical images, like this one. AI can be used to “enliven” an otherwise static image in the hopes of attracting viewer interest and engagement.

    A historical photograph from the State Library of Western Australia’s collection has been animated with AI (a tool called Runway) to introduce motion to the still image.
    T.J. Thomson

    Your role as an audience member

    If you’re unsure if or how journalists are using AI, look for a policy or explainer from the news outlet on the topic. If you can’t find one, consider asking the outlet to develop and publish a policy.

    Consider supporting media outlets that use AI to complement and support – rather than replace – human labour.

    Before making decisions, consider the past trustworthiness of the journalist or outlet in question, and what the evidence says.

    T.J. Thomson receives funding from the Australian Research Council. He is an affiliate with the ARC Centre of Excellence for Automated Decision Making & Society.

    Michelle Riedlinger receives funding from the Social Sciences and Humanities Research Council of Canada’s Global Journalism Innovation Lab. She is an affiliate with the ARC Centre of Excellence for Automated Decision Making & Society.

    Phoebe Matich receives funding from the Australian Research Council. She is a post-doctoral research fellow within the ARC Centre of Excellence for Automated Decision Making and Society.

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

    ref. Generative AI is already being used in journalism – here’s how people feel about it – https://theconversation.com/generative-ai-is-already-being-used-in-journalism-heres-how-people-feel-about-it-247232

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Europe: AFRICA/BURUNDI – Appointment of Bishop of Bubanza

    Source: Agenzia Fides – MIL OSI

    Saturday, 15 February 2025

    Vatican City (Agenzia Fides) – Pope Francis has appointed Rev. Fr. Emmanuel Ntakarutimana, O.P., until now Coordinator of the Council for the creation of the Catholic University of Burundi, as Bishop of the Diocese of Bubanza (Burundi).His Exc. Msgr. Emmanuel Ntakarutimana, of the Order of Preachers, was born on 30 December 1956 in the Metropolitan Archdiocese of Gitega. After studying Philosophy at the Major Seminary of Bujumbura and Theology at the Université Catholique Du Congo in Kinshasa, he obtained a Doctorate in Fundamental Theology at the Université de Fribourg in Switzerland.He made his first profession in Ibadan, Nigeria on September 28, 1981, his perpetual vows in 1984 in Rweza (Burundi) and was ordained a priest in Gitega on August 23, 1987.He has held the following positions: Professor of Fundamental Theology at the Major Seminary of Gitega (1986-1989); Secretary of the Episcopal Commission for Justice and Peace (1988-1990); Master of Students at the Inter-African Formation House of the Dominicans in Kinshasa (1991-1993); Advisor to the Superior and Coordinator for Africa of the Order of Dominican Fathers (1993-1999); Coordinator of the Ubuntu Center for the Promotion of Peace and Reconciliation in Bujumbura (2001-2015); Director of the Office of the Episcopal Conference for Evangelization (2015-2021); since 2021, Coordinator of the Council for the creation of the Catholic University of Burundi. (Agenzia Fides, 15/2/2024)
    Share:

    MIL OSI Europe News

  • MIL-OSI United Nations: Sudan, ‘the most devastating humanitarian and displacement crises in the world’

    Source: United Nations 2

    Humanitarian Aid

    Sudan’s ruinous civil war is approaching its third year, leaving a legacy of malnutrition, massive population displacement and chronic insecurity. As the UN system prepares to launch a call for record funding of $4.2 billion to support aid operations in the country, here are some of the main things to know about what have been described as “the largest and most devasting displacement, humanitarian and protection crises in the world today”.

    1) The war: 2023 Khartoum clashes herald end of peace process

    By the end of 2022, there were hopes that a UN- backed peace process would finally lead to a civilian administration in Sudan, after a tumultuous period which saw the fall of long-term dictator Omar al-Bashir in a military coup, followed by the harsh suppression of protests in favour of civilian rule.

    “A final political agreement should pave the way towards building a democratic State”, saidformer UN Special Representative for Sudan, Volker Perthes, in December 2022. Ominously, however, he warned that “critical contentious issues” remained, not least a merger of the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF), separate military groups which had teamed up to depose al-Bashir.

    Tensions between the two sides grew in early 2023, marked by intermittent clashes, but the start of the current civil war came with the RSF attack on the capital Khartoum on 15 April. The fighting, which then spread to other parts of the country, forced the UN to evacuate Khartoum, and base operations in the relatively stable city of Port Sudan, on the Red Sea.

    On Friday, the Secretary-General, described the situation in Sudan as a catastrophe of “staggering scale and brutality” at the AU’s high stakes annual meeting in Addis Ababa, the capital of Ethiopia, and warned that it is increasingly spilling into the wider region. The UN has strongly condemned the fighting, and the Secretary-General’s Personal Envoy to Sudan, Ramtane Lamamra, continues to support peace efforts, in close collaboration with regional organizations, including the African Union (AU). 

    2) Humanitarian crisis: More than 30 million need aid

    The war has been catastrophic for Sudan’s civilians and the numbers are staggering. Some 30.4 million people – over two thirds of the total population – are in need of assistance, from health to food and other forms of humanitarian support. The fighting has led to an economic collapse, sending the prices of food, fuel and other basic goods soaring, putting them beyond the reach of many households.

    Acute hunger is a growing problem. Over half the population faces high levels of acute food insecurity, and famine conditions have been confirmed in five locations in North Darfur and the eastern Nuba mountains. Famine is expected to spread to five more areas by May of this year.

    “This is a critical moment, as the consequences of food insecurity are already being felt in parts of South Kordofan, where families are surviving on dangerously limited food supplies, and malnutrition rates are rising sharply,” warned Clementine Nkweta-Salami, the UN Humanitarian Coordinator in Sudan.

    Humanitarian efforts are severely hampered by the lack of security, which is putting severe constraints on humanitarian access, complicating the movement of supplies and endangering aid workers.

    Despite the dangers, the UN and its humanitarian partners continue to reach vulnerable populations. The World Food Programme – the UN’s emergency food aid agency – is saving thousands of lives every day and the Food and Agriculture Organisation (FAO) successfully distributed seeds to over half a million households during the planting season. In all, some 15.6 million people received at least one form of aid from the UN in 2024.

    The country’s health system is on its knees, with health facilities attacked and many health workers forced to flee. The World Health Organization and UN Children’s Fund (UNICEF) are still operational, supporting immunization for cholera and malaria, and deploying mobile medical teams.

    3) Massive displacement: Equivalent to the entire Swiss population

    Huge numbers of people have been forced to flee their homes for areas of relative safety, both within Sudan and in neighbouring countries, adding to regional instability. Over three million people are classified as refugees, and almost nine million are internally displaced. The total displaced population is greater than the entire population of Switzerland.

    Because of the shifting frontlines, there have been successive waves of displacement, making the task of reaching those in need increasingly complicated. The UN refugee agency, UNHCR, has described the situation in Sudan as “the largest as well as the fastest growing displacement crisis globally.”

    The displaced population, whether they remain in Sudan or have moved abroad, face reduced access to food, scarce natural resources and limited access to essential services. In addition, outbreaks of diseases such as cholera and measles are rampant in camps for refugees and internally displaced people.

    Many of the surrounding nations have their own economic and security problems, and some are among the poorest in the world, with limited and overstretched services. Where possible, the UN migration agency (IOM) and UNHCR are protecting lives, supporting states hosting refugees, and ensuring that the needs of those fleeing are met with dignity.

    © WFP/Eulalia Berlanga

    South Sudan. Sudanese refugees waiting to receive cash assistance from WFP.

    4) Insecurity: Women and girls highly vulnerable

    Over 18,800 civilians have been reported killed since the beginning of the conflict, and the levels of violence in Sudan are getting worse. At the beginning of February, at least 275 people were killed in just one week, a threefold increase on the previous week’s death toll.

    Civilians are being hit by artillery shelling, airstrikes and aerial drone attacks: the worst affected regions are South Kordofan and Blue Nile states. As well as the general population, aid workers have been targets of intimidation and violence, with reports that some have been falsely accused of collaborating with the RSF.

    A UN fact-finding mission has documented a range of harrowing human rights violations committed by both the SAF and RSF, and called for investigations into the violations, and for the perpetrators to be brought to justice.

    In an interview with UN News, Edmore Tondhlana, the deputy head of the UN humanitarian office (OCHA), explained that women and girls are the most severely impacted by the conflict, with reports of rape, forced marriage and abductions. “If you look at the recent attack in South Kordofan, in which about 79 people were killed, the majority of victims were women and girls.”

    However, teenage boys are also at high risk. “They cannot easily travel between frontlines. They will be suspected of spying,” added Mr. Tondhlana. Large numbers of children have been recruited into armed groups, forced to fight or spy against the other side.

    © WFP

    Sudan. Offloading of barge transported food aid

    5) Funding: Billions needed

    A lack of sufficient funds is severely limiting the UN’s ability to help Sudan’s population. UNHCR and partners have been able to provide less than the bare minimum of support for refugees, and food rations have been drastically cut, adding to food insecurity.

    On Monday, OCHA and UNHCR will launch an appeal for funding, based on their respective response plans to the crisis. Humanitarian needs have been estimated at a record (for Sudan) $4.2 billion, with an additional $1.8 billion needed to support those hosting refugees in neighbouring countries.

    Whilst the amount needed might seem large, Mr. Tondhlana emphasizes that, given the numbers in dire need, it barely scratches the surface. “We’re trying to reach 21 million people, so this essentially $200 per person over the whole year. If we break it down even further, this is around $.0.50 per day.

    MIL OSI United Nations News

  • MIL-OSI Europe: Humanitarian crisis in the Democratic Republic of the Congo: Switzerland provides CHF 3 million

    Source: Switzerland – Federal Administration in English

    Due to the grave situation in the Democratic Republic of the Congo, Switzerland is providing CHF 3 million in humanitarian aid. This support package will go mainly to the International Committee of the Red Cross (ICRC) and other partners on the ground who are already active in the areas of health, protection of the civilian population and emergency aid for displaced persons.

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: HKETO Berlin celebrates Year of Snake (with photos)

    Source: Hong Kong Government special administrative region

    HKETO Berlin celebrates Year of Snake (with photos)
    HKETO Berlin celebrates Year of Snake (with photos)
    ***************************************************

         ​The Hong Kong Economic and Trade Office, Berlin (HKETO Berlin) held a Chinese New Year reception in Berlin, Germany, on February 13 (Berlin time) to celebrate the Year of the Snake. About 160 guests including government officials, senior diplomats and leading figures of the political, business and cultural sectors of Germany attended the reception.     In her welcome remarks, the Director of HKETO Berlin, Ms Jenny Szeto, briefed the guests on Hong Kong’s encouraging achievements during the past year. “Despite the challenges of a global economic slowdown, Hong Kong’s economy grew by 2.5 per cent in 2024, and we rose again to third place in the Global Financial Centres Index, setting the stage for a strong start to the year.”     Ms Szeto also highlighted various initiatives that consolidate and enhance Hong Kong’s status as an international centre in the eight key areas. She added that with the implementation of further liberalisation measures under the amended Mainland and Hong Kong Closer Economic Partnership Arrangement, Hong Kong’s unique advantages as a gateway to Mainland China, would be further enhanced. Complemented by other facilitating initiatives such as multiple-entry visas for foreign staff of Hong Kong-registered companies, the investment, trade and people-to-people ties between Hong Kong and the Central and Eastern European countries will continue to be strengthened.     HKETO Berlin also hosted a reception in Bratislava, the Slovak Republic on February 12 (Bratislava time) in co-operation with the Hong Kong Trade Development Council and the Slovak Chamber of Commerce and Industry. Six other receptions will be organised in Austria, Czechia, Hungary, Poland, Slovenia and Switzerland.      To promote the excellent work of Hong Kong artists abroad, HKETO Berlin has invited Hong Kong artists including Hong Kong dance group R&T (Rhythm & Tempo) and the Hong Kong Arts Centre (Comix Home Base), to perform at the receptions and showcase the vibrancy, diversity and creativity of Hong Kong’s East-meets-West culture.About HKETO Berlin     HKETO Berlin is the official representative of the Hong Kong Special Administrative Region Government in commercial relations and other economic and trade matters in Germany as well as Austria, Czechia, Hungary, Poland, the Slovak Republic, Slovenia and Switzerland.

     
    Ends/Friday, February 14, 2025Issued at HKT 20:45

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Video: MTL | IMF’s Gita Gopinath: What’s ahead for economic growth in 2025 – and what leaders must do now

    Source: World Economic Forum (video statements)

    How will inflation, conflict and technological change shape economies in the year ahead?

    The International Monetary Fund’s First Deputy Managing Director Gita Gopinath sat down with Meet The Leader at the World Economic Forum‘s Annual Meeting in Davos, Switzerland to share what’s next for global growth.

    She identified the statistics that she found most compelling and the risks and opportunities leaders must prioritize in 2025. She also described the pivot countries will need to make in fiscal policy to tackle historic levels of global public debt (levels that could hit the $100 trillion mark) and how “optimism bias” could stand in the way.

    This special episode of interview of Meet The Leader was recorded at the World Economic Forum’s Annual Meeting in Davos, Switzerland.
    About the research cited:IMF World Economic Outlook: https://www.imf.org/en/Publications/WEO/Issues/2025/01/17/world-economic-outlook-update-january-2025

    Find a transcript here: https://www.weforum.org/podcasts/meet-the-leader/episodes/gita-gopinath-imf-economic-outlook

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=1eh1vvvtF7c

    MIL OSI Video

  • MIL-OSI Global: ‘Emilia Pérez’ was nominated for 13 Oscars. Why do so many people hate it?

    Source: The Conversation – USA – By Alejandra Marquez Guajardo, Assistant Professor of Spanish, Michigan State University

    Going by recent media coverage, you wouldn’t be remiss for assuming it had been nominated for a slew of Golden Raspberries. Netflix

    French director Jacques Audiard’s “Emilia Pérez” first made waves among critics at the Cannes Film Festival in May 2024, when it won multiple awards. It went on to receive 10 Golden Globe nominations, winning four, including best musical or comedy.

    “It is so beautiful to see a movie that is cinema,” gushed Mexican director Guillermo del Toro. Another Mexican filmmaker, Issa López, who directed “True Detective: Night Country,” called it a “masterpiece,” adding that Audiard portrayed issues of gender and violence in Latin America “better than any Mexican facing this issue at this time.”

    The film is a musical about a Mexican drug lord named Manitas del Monte, played by trans actress Karla Sofía Gascón. Del Monte hires a lawyer to facilitate her long-awaited gender transition. After her surgery, she fakes her death with her lawyer’s help and sends her wife, Jessi, played by Selena Gómez, and their children to Switzerland. Four years later, Manitas – now known as Emilia Pérez – tries to reunite with her family by posing as Manitas’ distant cousin.

    So why is it bombing among Mexican moviegoers?

    Modest research into a ‘modest’ language

    As a scholar of gender and sexuality in Latin America, I study LGBTQ+ representation in media, particularly in Mexico. So it’s been interesting to follow the negative reaction to a film that critics claim has broken new ground in exploring themes of gender, sexuality and violence in Mexico.

    Many of the film’s perceived errors seem self-inflicted.

    Audiard admitted that he didn’t do much research on Mexico before and during the filming process. And even though he doesn’t speak Spanish, he chose to use a Spanish script and film the movie in Spanish.

    Jacques Audiard speaks during the Santa Barbara International Film Festival on Feb. 10, 2025.
    Tibrina Hobson/Getty Images for Santa Barbara International Film Festival

    The director told French media outlet Konbini that he chose to make the film in Spanish because it is a language “of modest countries, developing countries, of poor people and migrants.”

    Not surprisingly, an early critique of the film centered on its Spanish: It uses some Mexican slang words, but they’re spoken in ways that sound unnatural to native speakers. Then there’s the film’s overreliance on clichés that border on racism, perhaps most egregiously when Emilia’s child sings that she smells of “mezcal and guacamole.”

    Of course, an artist need not belong to a culture in order to depict or explore it in their work. Filmmakers like Sergei Eisenstein and Luis Buñuel became renowned figures in Mexican cinema despite being born in Latvia and Spain, respectively.

    When choosing to explore sensitive topics, however, it is important to take into account the perspective of those being portrayed, both for accuracy’s sake and as a form of respect. Take Martin Scorsese’s “Killers of the Flower Moon.” The director collaborated with members of the Osage nation to further the film’s historical and cultural accuracy.

    Glossing over the nuance

    “Emilia Pérez” centers on how violence stems from the corruption prevalent in Mexico. Multiple musical numbers denounce the collusion between authorities and criminals.

    This is certainly true. But to many Mexicans, it feels like an oversimplification of the issue.

    The film fails to acknowledge the confluence of factors behind the country’s violence, such as U.S. demand for illegal drugs stemming from its opioid crisis, or the role that American guns play in Mexico’s violence.

    Professor and journalist Oswaldo Zavala, who has written extensively about Mexican cartels, argues that the film perpetuates the idea that Latin American countries are solely to blame for the violence of drug trafficking. Furthermore, Zavala contends that this perspective reinforces the narrative that the U.S.-Mexico border needs to be militarized.

    The musical features few male characters; the ones who do appear are invariably violent, and this includes Manitas before undergoing their transition. The cruelty of Manitas contrasts with Emilia’s kindness: She helps the “madres buscadoras,” which are the Mexican collectives made up of mothers searching for missing loved ones presumed to be kidnapped or killed by organized crime. One of these collectives, Colectivo de Víctimas del 10 de Marzo, criticized the film for depicting groups like theirs as recipients of money from organized crime and beneficiaries of luxurious galas attended by politicians and celebrities.

    The group’s leader, Delia Quiroa, announced that the group would send a letter to the academy to express its condemnation of the film.

    Members of the Madres Buscadoras de Sonora search for the remains of missing persons on the outskirts of Hermosillo, a city in northwestern Mexico, in 2021.
    Alfred Estrella/AFP via Getty Images

    Backlash on multiple fronts

    These political and cultural blind spots have spurred a backlash among Mexican moviegoers.

    When the movie premiered in Mexico in January 2025, it bombed at the box office, with some viewers demanding refunds. Mexico’s Federal Consumer Protection Agency had to intervene after the movie chain Cinépolis refused to honor its satisfaction-guarantee policy.

    Mexican writer Jorge Volpi called the movie “one of the crudest and most deceitful films of the 21st century.”

    Trans content creator Camila Aurora playfully parodied “Emilia Pérez” in her short film “Johanne Sacrebleu.” In scenes filled with stereotypical French symbols such as croissants and berets, it tells the story of an heiress who falls in love with a member of her family’s business rivals.

    While some viewers have nonetheless praised “Emilia Pérez” for its nuanced portrayal of trans women and the casting of a trans actress, the LGBTQ advocacy group GLAAD described it as “a step backward for trans representation.”

    One point of contention is the musical number Emilia sings, “medio ella, medio él,” or “half she, half he,” which insinuates that trans people are stuck between two genders. The movie also seems to portray the character’s transition as a tool for deception.

    A social media viper pit

    Meanwhile, Gascón’s historic nominations as the first trans actress recognized by the Oscars and other awards have been overshadowed by her controversial statements.

    She made headlines when she accused associates of Brazilian actress Fernanda Torres of disparaging her work. Torres is also an Oscar nominee for best actress.

    Gascón’s historic nomination for best actress has been overshadowed by sniping on social media.
    Yamak Perea/ Pixelnews/Future Publishing via Getty Images

    The latest controversy began in late January 2025 when Gascón’s old social media posts resurfaced. The now-deleted messages included attacks on Muslims in Spain and a post calling co-star Selena Gómez a “rich rat,” which Gascón has denied writing.

    “Emilia Pérez” is limping into the Oscars. Netflix and Audiard have distanced themselves from Gascón to try to preserve the film’s prospects at the annual Academy Awards ceremony.

    It could be too little too late.

    Alejandra Marquez Guajardo 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. ‘Emilia Pérez’ was nominated for 13 Oscars. Why do so many people hate it? – https://theconversation.com/emilia-perez-was-nominated-for-13-oscars-why-do-so-many-people-hate-it-248297

    MIL OSI – Global Reports

  • MIL-OSI: Hivello Secures Strategic Investment from Antanas Guoga “Tony G” to Scale Decentralised Compute

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 14, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that its majority-owned subsidiary, Hivello Holdings Ltd (“Hivello”) has secured a strategic investment from Tony G.

    Tony G led a strategic investment into Blockmate on December 17, 2024. And as per Hivello’s release below, Tony G has followed on with a direct investment into Hivello directly.

    Below is the press release from Hivello:

    Hivello Secures Strategic Investment from Antanas “Tony G” Guoga to Scale Decentralized Compute

    London & Amsterdam, February 13, 2025 – Hivello, a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks, has announced a strategic investment from Antanas Guoga (Tony G), a well-known blockchain investor, entrepreneur, and advocate for decentralized infrastructure. 

    Antanas Guoga, widely known as Tony G, is a seasoned investor, entrepreneur, and advocate for blockchain innovation. As the chairman and major shareholder of TSXv-listed Sol Strategies Inc., a Canadian-based investment firm specializing in blockchain, AI, and decentralized technologies, Tony G has been instrumental in backing high-growth Web3 startups. 

    His strategic investments have helped scale multiple blockchain projects, with Sol Strategies recently surpassing a $500 million market capitalization. Beyond his role in the private sector, Tony G has a history of championing digital innovation in public policy. As a former Member of the European Parliament (MEP), he was a strong advocate for technological advancement, pushing for clearer blockchain regulations and greater adoption of decentralized solutions. His global network and deep understanding of the intersection between policy, technology, and finance make him a valuable partner for companies shaping the future of Web3.

    Recognizing Hivello’s role in the future of DePIN, Tony G’s investment underscores his belief in DePIN as a major growth sector in Web3. His support will help accelerate Hivello’s expansion, enabling more users to seamlessly contribute to decentralized infrastructure while earning rewards. With his backing, Hivello is positioned to become a key player in the next generation of blockchain-powered compute networks.

    In addition, Hivello is now live on Gate.io, MEXC, and Raydium! With both CEX and DEX options, more users can trade $HVLO and participate in the growing DePIN economy.

    “Hivello is tackling one of the biggest challenges in DePIN—bridging complex infrastructure with everyday users,” said Tony G. “Their platform makes it incredibly easy for anyone to participate in and benefit from the decentralized economy. I see huge potential in their approach and am excited to support their journey.”

    “Tony G’s investment is a strong validation of Hivello’s vision to simplify and scale decentralized physical infrastructure networks,” said Domenic Carosa, Co-Founder of Hivello. “His deep expertise in blockchain and infrastructure scaling, combined with his ability to back high-growth projects, will help accelerate our mission to make DePIN accessible to millions of users worldwide.”

    (ENDS)

    About Hivello
    Hivello is a DePIN aggregator that enables users to earn by monetising idle computer resources across multiple decentralised networks. The Swiss-based HVLO Association will issue the $HVLO token under license from Hivello Holdings Ltd.

    For more information about Hivello and to stay updated on its developments, visit www.hivello.com

    Website | X | Discord | LinkedIn | Telegram

    About Blockmate Ventures Inc.
    Blockmate Ventures is a venture creator focussing on building fast-growing technology businesses relating to cutting-edge sectors such as blockchain, AI and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download the free passive income app at www.hivello.com) and Sunified, digitising solar energy.

    The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: www.blockmate.com.

    Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at https://www.blockmate.com/subscribe.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Justin Rosenberg, CEO
    Blockmate Ventures Inc
    justin@blockmate.com
    (+1-580-262-6130)

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

    Forward-Looking Information
    This news release contains “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

    The MIL Network

  • MIL-OSI Economics: Thales Alenia Space and ESA sign contract for HydRON to demonstrate first multi-orbit optical communication network

    Source: Thales Group

    Headline: Thales Alenia Space and ESA sign contract for HydRON to demonstrate first multi-orbit optical communication network

    • Thales Alenia Space will develop the world’s first all-optical, multi-orbit optical space communication network
    • ESA’s HydRON project will meet the challenge of bringing connectivity to multiple users to showcase the capabilities of optical communication technology
    • The company will leverage its expertise to contribute to Europe’s technological independence in connectivity services through space.

    Cannes, February 14, 2025 – Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), has signed a contract with the European Space Agency (ESA) for Element #2 of the HydRON (High-thRoughput Optical space Network) Demonstration System (DS) for the design, development, deployment and in-orbit demonstration of a full end-to-end optical system to verify and validate the world’s first all-optical, high-data-rate, multi-orbit transport network in space.

    HydRON is set to transform the way data-collecting satellites communicate, using laser technology that will allow satellites to connect with each other and ground networks much faster.By enabling rapid, high-capacity connections between satellites and ground networks, HydRON will significantly enhance our ability to collect and utilize data from space.

    HydRON optical communication for broadband in space ©ESA

    The project will be conducted with the support of the various space agencies involved in this exciting challenge: the Italian Space Agency (ASI), the German Aerospace Center (DLR), the Polish Space Agency (POLSA), the Romanian Space Agency (ROSA), Enterprise Ireland (EI) and the Swiss Space Agency (SSO). Other agencies are expected to join during the project to expand the mission’s objectives. HydRON forms part of ESA’s Optical and Quantum Communications – ScyLight programme within the Connectivity and Secure Communications directorate.

    “I am really pleased Thales Alenia Space will be contributing to Europe’s technological independence in connectivity services through space,” said Giampiero Di Paolo, Deputy CEO and Senior Vice President, Observation, Exploration and Navigation at Thales Alenia Space. “Thales Alenia Space believes HydRON Demonstration System is the key enabler for the reliability and operability of a high-throughput optical network in space, paving the way for the future of commercial optical communications in Europe and globally.” 

    “It was an honour to sign this contract with Thales Alenia Space, which moves us closer to establishing Europe’s first optical communication network in space,” said Laurent Jaffart, ESA’s Director of Connectivity and Secure Communications. “HydRON is set to maintain Europe and Canada as global leaders in the optical domain. With the system being interoperable, HydRON will ensure we continue to grow ESA’s cooperation with our international partners.”

    Thales Alenia Space’s role in HydRON-DS project

    Thales Alenia Space, with its long track record in telecommunication networks and expertise in the production of optical terminals for space, developed in Zurich, has already coordinated a working group involving Telespazio, a joint venture between Leonardo (67%) and Thales (33%), responsible for the ground segment, and other Italian and European companies for Phase A/B1 of the HydRON-DS project. This work was completed at the end of the 2023.

    Today, Thales Alenia Space in Italy is ready to lead a European industry consortium for building the HydRON-DS Element #2 mission partition, including the space segment (LEO collector satellite and GEO optical payload) and ground segment (two optical ground stations, mission and network control center and satellite control center).

    The project will develop and validate two concepts:

    • Fiber in the Sky: multi-orbit optical telecommunications at high data rates between space and ground assets.
    • Internet beyond the Clouds: innovative onboard routing techniques at high throughput (> 100 Gbps) to build an optical space transport network seamlessly integrated with terrestrial fiber-based networks.

    The project includes up to two years of in-orbit demonstration to assess the capabilities of key technologies for optical communications and concepts of operations for the network architecture. It will also provide a service demonstration for potential demo users.

    About ESA’s Optical and Quantum Communications – ScyLight programme 

    The European Space Agency (ESA) is Europe’s gateway to space, coordinating the financial and intellectual resources of its Member States to conduct space programmes and activities. Part of Advanced Research in Telecommunications Systems (ARTES), the Optical and Quantum Communications – ScyLight programme focuses on advancing optical and quantum technologies to revolutionise satellite communications. ScyLight supports the research, development and utilisation of these technologies, for instance through the HydRON project for seamlessly integrating space assets into terrestrial communication networks. ESA is enabling future quantum communication networks with ultra-secure global connectivity by advancing space-based quantum key distribution and maturing technologies already available today. 

    Through supporting industry to develop and extend its manufacturing capabilities, ScyLight helps prepare European and Canadian industry stakeholders to seize related market opportunities. 

    Learn more at https://connectivity.esa.int/optical-and-quantum-communications 

    ABOUT THALES ALENIA SPACE

    Drawing on over 40 years of experience and a unique combination of skills, expertise and cultures, Thales Alenia Space delivers cost-effective solutions for telecommunications, navigation, Earth observation, environmental management, exploration, science and orbital infrastructures. Governments and private industry alike count on Thales Alenia Space to design satellite-based systems that provide anytime, anywhere connections and positioning, monitor our planet, enhance management of its resources, and explore our Solar System and beyond. Thales Alenia Space sees space as a new horizon, helping to build a better, more sustainable life on Earth. A joint venture between Thales (67%) and Leonardo (33%), Thales Alenia Space also teams up with Telespazio to form the parent companies’ Space Alliance, which offers a complete range of services. Thales Alenia Space posted consolidated revenues of approximately €2.2 billion in 2023 and has around 8,600 employees in 8 countries with 16 sites in Europe.

    MIL OSI Economics

  • MIL-OSI Europe: The FSO will have to reduce its services to balance its budget

    Source: Switzerland – Department of Foreign Affairs in English

    The Federal Statistical Office (FSO) is facing a worsening budgetary situation. After barely breaking even in 2024 thanks to major internal cost savings, the FSO will no longer be able to pursue all of its activities in 2025 and in the following years and will be forced to phase out certain tasks.

    MIL OSI Europe News

  • MIL-OSI Europe: Illegal imports of medicinal products in 2024: continuing trend in high-dose erectile dysfunction products

    Source: Switzerland – Federal Administration in English

    Together with the Federal Office for Customs and Border Security (FOCBS), Swissmedic secured 5,668 packages containing illegally imported medicinal products during 2024. This is around 15% less than in 2023. The majority of these illegal imports were erectile stimulants, following by psychotropic agents, laxatives and other lifestyle drugs. Illegal preparations from dubious online sources often contain wrongly declared, overdosed active substances, or none at all. Taking them can cause serious harm to health.

    MIL OSI Europe News

  • MIL-OSI Europe: Cybersecurity: NCSC Director Florian Schütz attends various international events

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    To strengthen international cooperation in cybersecurity, Florian Schütz, director of the National Cyber Security Centre (NCSC), has been attending various international cybersecurity events over the past few days. He chaired a panel at the AI Action Summit in Paris on building trust in artificial intelligence, met with cybersecurity authorities ahead of the Munich Security Conference and took part in a discussion at the Munich Cybersecurity Conference on the latest developments and best practices.

    MIL OSI Europe News

  • MIL-OSI Europe: Producer and Import Price Index rose by 0.1% in January

    Source: Switzerland – Department of Home Affairs

    The Producer and Import Price Index rose in January 2025 by 0.1% compared with the previous month to reach 106.4 points (December 2020 = 100). Prices rose in particular for petroleum products, watches, and medical and dental instruments and supplies, while electricity prices fell. Compared with January 2024, the price level of the whole range of domestic and imported products fell by 0.3%. These are some of the results from the Federal Statistical Office (FSO).

    MIL OSI Europe News

  • MIL-OSI: Richemont announces changes to Senior Executive Committee and Board of Directors

    Source: GlobeNewswire (MIL-OSI)


    AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

    14 FEBRUARY 2025

    RICHEMONT ANNOUNCES CHANGES TO SENIOR EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS

    Richemont today announces the following changes to its Board of Directors and Senior Executive Committee (SEC), effective immediately:

    Catherine Rénier, Chief Executive Officer (CEO) of Van Cleef & Arpels, Louis Ferla, CEO of Cartier, and Marie-Aude Stocker, Chief People Officer (CPO) of Richemont are appointed to the SEC.

    Marie-Aude Stocker, formerly Director of People, Development and Prospective at Van Cleef & Arpels, was recently appointed CPO reporting to Nicolas Bos, CEO of Richemont. A French national and graduate of the Ecole Supérieure de Commerce de Paris (ESCP) business school, with a certification from the Institut des hautes études de défense nationale (IHEDN), Ms Stocker brings 35 years of beauty and luxury industry experience to the role, including 24 years in the Group.

    Jérôme Lambert is stepping down from the SEC and from the Board of Directors following his appointment as CEO of Specialist Watchmaker Maison Jaeger-LeCoultre.

    Boet Brinkgreve, CEO of Laboratoire de Haute Parfumerie et Beauté will be leaving the company at the end of April.

    Commenting on the changes, Nicolas Bos said:

    “Catherine’s and Louis’ combined industry and Group experience, together with their operational knowledge and expertise as CEOs of our largest Maisons, will be a great asset to our Senior Executive Committee. I am also delighted that Marie-Aude is joining the SEC as our newly appointed Chief People Officer. Having a dedicated CPO will help ensure that our growing and fast evolving HR strategic resource management needs are effectively fulfilled. Marie-Aude is ideally placed to take on this mission, as she brings a wealth of highly relevant experience gained in the course of her career.

    I want to take this opportunity to wish Jérôme all the best in his new role and to thank him again for his support in recent months.”


    Senior Executive Committee biographies can be accessed here. 

    About Richemont 

    At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont’s ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term.

    Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, Gianvito Rossi, Montblanc, Peter Millar including G/FORE, Purdey, Serapian as well as Watchfinder & Co. In addition, Richemont operates NET-A-PORTER, MR PORTER, THE OUTNET, YOOX and the OFS division. Find out more at https://www.richemont.com/.

    Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. The ‘A’ shares are also traded on the Johannesburg Stock Exchange (JSE), Richemont’s secondary listing.

    Investor/analyst and media enquiries

    Investor relations: investor.relations@cfrinfo.net; +41 22 721 3003
    Media: pressoffice@cfrinfo.net; richemont@teneo.com; +41 22 721 3507

    Click here for a printer-friendly version in English (PDF)

    The MIL Network

  • MIL-OSI China: Number of intl wetland cities in China rises to 22

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

    Nine Chinese cities, including Dali in Yunnan province, Lhasa in the Xizang autonomous region, Fuzhou in Fujian province and Yueyang in Hunan province, were recently designated as international wetland cities, marking the third such set of cities announced after 2018 and 2022.

    At the 64th meeting of the Standing Committee of the Ramsar Convention, which was held in Gland, Switzerland, in late January, the addition of 31 cities to the Wetland City Accreditation program was announced. Currently, there are 74 accredited wetland cities around the world, with 22 of them in China.

    According to the National Forestry and Grassland Administration, wetlands are often referred to as “the kidneys of the Earth”, because they play a crucial role in purifying water, regulating climate and maintaining biodiversity.

    By prohibiting aquaculture to enable restoration of the wetland ecosystem, more than 55 percent of the Fujian Minjiang River Estuary Wetlands, located in Fuzhou’s Changle district, has recovered its ecological functions, making it an important habitat for the black-faced spoonbill, a globally endangered species, the administration said.

    Yueyang in Hunan initiated its wetland conservation efforts in the 1980s and established the East Dongting Lake Nature Reserve. The city has achieved a wetland conservation rate of 67 percent, with over 300 species of birds living there, including 18 species of first-class nationally protected birds, according to the local government.

    In the process of continuous improvement of the wetland environment, a series of bird-watching activities related to culture and tourism have also driven the area’s economic development, the local government said.

    Musonda Mumba, secretary-general of the Ramsar Convention, said last month that China has integrated wetland protection with urban development through scientific planning, providing replicable experiences for the world.

    Lei Guangchun, a professor of ecological protection at Beijing Forestry University, said China’s wetland protection has transitioned to a “new stage of high-quality development”.

    Data from the National Forestry and Grassland Administration shows that ever since China joined the Ramsar Convention in 1992, the country has improved laws and policies on protecting wetlands and achieved significant progress. China currently has 82 major wetlands, with a stable wetland area of 56.35 million hectares, ranking first in Asia and fourth globally.

    Lei, the professor, said that China is collaborating with African countries to develop a mangrove project that is expected to sequester 500,000 metric tons of carbon annually, making a substantive contribution to the United Nations Sustainable Development Goals.

    In July, the 15th Meeting of the Conference of the Contracting Parties to the Ramsar Convention will be held in Zimbabwe. China will share technological achievements such as the smart wetland monitoring system and small-scale wetland restoration at the meeting, the National Forestry and Grassland Administration said.

    MIL OSI China News

  • MIL-OSI USA: Justified Accord 2025 hones warfighting capabilities, enhances multinational crisis response readiness

    Source: United States Army

    1 / 2 Show Caption + Hide Caption – Kenya Defence Forces (KDF) Brigadier Gen. Paul Koech, chief of training at Kenya Defence Headquarters, formally opens exercise Justified Accord 2025 (JA25) by signing a proclamation at the Humanitarian Peace Support School (HPSS) in Nairobi, Kenya, Feb. 10, 2025. U.S. Army Lt. Col. Trish Basile, chief of the Kenya U.S. Liaison Office (KUSLO), and KDF Col. Jonathan Rungwe, commandant of HPSS, stand together as witnesses during the signing ceremony at HPSS. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted in Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (U.S. Army photo by Sgt. 1st Class Solomon Navarro)

    (Photo Credit: Sgt. 1st Class Solomon Navarro)

    VIEW ORIGINAL

    2 / 2 Show Caption + Hide Caption – Kenya Defence Forces Brigadier Paul Koech, chief of training at Kenya Defence Headquarters, delivers remarks during the opening ceremony of exercise Justified Accord 2025 (JA25) at the Humanitarian Peace Support School (HPSS) in Nairobi, Kenya, Feb. 10, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted in Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo by Sgt. 1st Class. Solomon Navarro) VIEW ORIGINAL

    NAIROBI, Kenya — Approximately 1,300 personnel from over 15 countries will participate in Justified Accord 2025, U.S. Africa Command’s largest military exercise in East Africa, from Feb. 10-21, 2025. Hosted in Kenya, Djibouti and Tanzania, this annual exercise strengthens the ability of participating forces to respond to regional security threats, humanitarian crises and peacekeeping missions.

    Led by U.S. Army Southern European Task Force, Africa (SETAF-AF), this is Kenya’s fourth year in a row hosting the exercise.

    This year features the first-ever night iteration of air-to-ground integration operations where partner countries control Kenyan air assets to provide air support of multinational land forces.

    Also for the first time, U.S. and Kenya military healthcare providers will conduct a real-world veterinary civic action program, to provide essential veterinary services to livestock. This fosters positive relations with local Kenyans and builds readiness when encountering animals on the battlefield.

    1 / 4 Show Caption + Hide Caption – U.S. Army Capt. James Dewy, a physician assistant with the 8th Medical Brigade, a U.S. Army Reserve unit, identifies organs using a sonogram with Kenya Defence Forces medics during Justified Accord 2025 (JA25) at the Counter Insurgency Terrorism and Stability Operations center in Nanyuki, Kenya, Feb. 11, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted in Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo by Staff Sgt. Josiah Jenkins) VIEW ORIGINAL
    2 / 4 Show Caption + Hide Caption – Kenya Defence Force (KDF) medics joined the medics with 8th Medical Brigade and 1st Battalion 182nd Infantry Regiment, Massachusetts National Guard, to conduct a casualty evacuation rehearsal during exercise Justified Accord 2025 (JA25) at the Counter Insurgency Terrorism and Stability Operations Center in Nanyuki, Kenya, Feb. 12, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted by Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo by Sgt. 1st Class Jeremy Brown) VIEW ORIGINAL
    3 / 4 Show Caption + Hide Caption – Kenya Defence Force (KDF) medics joined the medics with 8th Medical Brigade and 1st Battalion 182nd Infantry Regiment, Massachusetts National Guard, to conduct a casualty evacuation rehearsal during exercise Justified Accord 2025 (JA25) at the Counter Insurgency Terrorism and Stability Operations Center in Nanyuki, Kenya, Feb. 12, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted by Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo by Sgt. 1st Class Jeremy Brown) VIEW ORIGINAL
    4 / 4 Show Caption + Hide Caption – Kenya Defence Force (KDF) medics joined the medics with 8th Medical Brigade and 1st Battalion 182nd Infantry Regiment, Massachusetts National Guard, to conduct a casualty evacuation rehearsal during exercise Justified Accord 2025 (JA25) at the Counter Insurgency Terrorism and Stability Operations Center in Nanyuki, Kenya, Feb. 12, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted by Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo by Sgt. 1st Class Jeremy Brown)
    1 / 2 Show Caption + Hide Caption – Exercise planners representing multiple nations pose for a photo to announce the official start of exercise Justified Accord 2025 (JA25) at the Humanitarian Peace Support School in Nairobi, Kenya, Feb. 10, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted in Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo by Sgt. 1st Class Solomon Navarro)
    2 / 2 Show Caption + Hide Caption – U.S. Army Lt. Col. Trish Basile, Chief of the Kenya United States Liaison Office (KUSLO), and Col. Jonathan Rungwe, Commandant of the Humanitarian Peace Support School (HPSS), welcome a Swiss service member with a handshake during the opening ceremony of Exercise Justified Accord 2025 (JA25) at HPSS in Nairobi, Kenya, Feb. 10, 2025. JA25 is the premier U.S. Africa Command (USAFRICOM) exercise in East Africa, designed to enhance multinational combat readiness, strengthen crisis response capabilities and empower allies and partners in the region. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) and hosted in Kenya, Djibouti and Tanzania, JA25 integrates high-intensity training scenarios that sharpen warfighting skills, increase operational reach and enhance the ability to execute complex joint and multinational operations. The exercise runs from Feb. 10–21, 2025. (Photo Credit: U.S. Army photo Sgt. 1st Class Solomon Navarro) VIEW ORIGINAL

    JA25 reinforces the commitment of the U.S. and its partners to joint military readiness, crisis response and multinational cooperation.

    “It’s a great honor to take part in exercise Justified Accord 2025. We give much appreciation to the U.S. for their partnership in training and the exchange of knowledge and skills,” said KDF Brigadier William Kamwoiro, commander of the 2nd Brigade and KDF exercise director. “The training in small team tactics, optics, as well as combat medics will serve to ensure seamless cooperation and effective support in future joint tasks and duties.”

    For photos, videos and articles from the exercise, please visit the Justified Accord DVIDS feature page and the Kenyan Ministry of Defence website.

    MIL OSI USA News

  • MIL-OSI Global: Like dictators before him, Trump threatens international peace and security

    Source: The Conversation – Canada – By Sabine Nolke, Research Associate in International Law, Western Academy for Advanced Research, Western University

    At first, Canadians just shook their collective heads when United States President Donald Trump suggested Canada become the 51st American state.

    They rolled their eyes when he posted a fake image of himself standing next to a Canadian flag amid snowy mountaintops — in actuality, the Swiss Alps.

    Another Trump post showed a map purporting to merge Canada and the U.S. That prompted Prime Minister Justin Trudeau to respond on social media that there was not a “snowball’s chance in hell” that Canadians would soon become Americans.

    Meme wars are one thing, but in the real world, threatening the sovereignty and territorial integrity of a foreign state is quite another. Canadian leaders have stopped laughing, and they now need to situate Trump’s dangerous rhetoric in the language of international law and state-to-state relations.

    As a former Canadian ambassador to the Netherlands, and a permanent representative to the Organization for the Prohibition of Chemical Weapons and international courts and tribunals in The Hague, I know language matters.

    Trump’s threats make it an opportune time to provide a brief snapshot of the historical context for Trump’s rhetoric, and the necessary 21st-century vocabulary with which to respond and shape the public discourse.

    Manifest Destiny

    In threatening hefty tariffs on Canada, Trump cited the flow of fentanyl over the Canada-U.S. border, but it was clear it had little to do with fentanyl, particularly since so little crosses the border into the U.S. Instead, it seems he is coming for Canada’s sovereignty as an independent state.

    When asked on Feb. 3 how Canada could ward off tariffs, Trump reiterated: “What I’d like to see is Canada become our 51st state.”

    Later that same day, Trump paused tariffs on Canada, ostensibly thanks to border measures that Canada, like Mexico, had already announced. But what is still being said by the president of one of the most powerful nations on Earth cannot be unsaid.

    At a Jan. 7 news conference, Trump called the border between Canada and the U.S. an “artificially drawn line” — echoing rhetoric deployed by Vladimir Putin as justification for Russia’s aggression against Ukraine. His remarks, in fact, were gleefully retweeted by Russia’s propaganda channel RT.

    Putin claims the Ukrainian border is the result of “administrative” action under the former Soviet Union, while Trump appears to be invoking the 19th century American concept of “Manifest Destiny.”

    He used the phrase verbatim in his inaugural address in the context of planting a flag on Mars, but it is entirely consistent with his plans for, and rhetoric on, Canada.

    As John O’Sullivan, the American diplomat who coined the phrase, wrote in a 1845 article entitled Annexation, it’s America’s destiny to “overspread the continent.” Trump appears to be taking that idea to heart.

    ‘The free white race’

    Arguably the biggest fan of territorial expansion in the 20th century was Adolf Hitler, architect of the Third Reich. Trump reportedly has some of Hitler’s writings on his bedside table. Hitler had this to say in Chapter 4 of Mein Kampf:

    “The extent of the national territory is a determining factor in the external security of the nation. The larger the territory which a people has at its disposal, the stronger are the national defences of that people.”

    Sound familiar?

    But why Canada and not Mexico, you may ask? Likely because he considers Canada less racialized, even though modern-day Canada has a large multicultural population.




    Read more:
    Trump has put down his racist dog whistle and picked up a bull horn


    In 1848, however, in the midst of the American expansionist era, pro-slavery South Carolina Sen. John Calhoun said:

    “We have never dreamt of incorporating into our Union any but the Caucasian race — the free white race. To incorporate Mexico, would be the very first instance of the kind, of incorporating an Indian race; for more than half of the Mexicans are Indians, and the other is composed chiefly of mixed tribes. I protest against such a union as that! Ours, sir, is the Government of a white race.”

    In short, neither the context nor the history informing Trump’s designs on Canada are reassuring for Canadians.

    Rules still matter

    Trump’s dismissive approach to established borders ignores fundamental norms and principles on the sovereignty, equality and territorial integrity of states, codified following the Second World War in the Charter of the United Nations. Canada is a founding member of the UN; its status as a sovereign state is not subject to challenge under international law.

    The charter clearly states that “all Members shall refrain in their international relations from the threat or use of force against the territorial integrity or political independence of any state, or in any other manner inconsistent with the purposes of the United Nations.”

    Similarly, the North Atlantic Treaty obliges NATO member states to “refrain in their international relations from the threat or use of force in any manner inconsistent with the purposes of the United Nations.”




    Read more:
    Allies or enemies? Trump’s threats against Canada and Greenland put NATO in a tough spot


    Trump has said he will use “economic force” to annex Canada. The suggestion that an economically devastated Canada could be sufficiently brought to heel has been embraced by the so-called MAGA-sphere, including an influential blogger with ties to Russia.

    International law

    Threatening economic rather than military force does not make Trump’s efforts at subjugating Canada any more acceptable in terms of international law.

    In 1970, in the UN’s Declaration on Principles of International Law Concerning Friendly Relations and Co-Operations Among States, the UN General Assembly unanimously confirmed that “no state may use … economic, political or any other type of measures to coerce another state in order to obtain from it the subordination of its exercise of its sovereign rights.” While not legally binding, this declaration represents customary international law.

    In 1986, the International Court of Justice ruled in Nicaragua v, United States that:

    “A prohibited intervention must accordingly be one bearing on matters in which each State is permitted, by the principle of State sovereignty, to decide freely. One of these is the choice of a political, economic, social and cultural system, and the formulation of foreign policy. Intervention is wrongful when it uses methods of coercion in regard to such choices, which must remain free ones.”

    Keeping score

    It’s both right and righteous for our elected leaders to say that Canada will never be the 51st state.

    But the time has come, especially in the context of Trump’s threats to buy Greenland, seize the Panama Canal and turn Gaza into a Middle Eastern Riviera, to call out his threats to Canada.

    Amid Trump’s dizzying litany of outlandish pronouncements, Canada’s leaders must keep track of what Trump’s declarations represent:

    • A threat to international peace and security;
    • A threat to the sovereignty and territorial integrity of Canada;
    • Unlawful coercion and intervention in the affairs of a sovereign state;
    • A breach of the UN Charter;
    • A breach of the North Atlantic treaty.

    Trump’s threats are no way to treat an ally, but unfortunately for him, international law is on Canada’s side.

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

    ref. Like dictators before him, Trump threatens international peace and security – https://theconversation.com/like-dictators-before-him-trump-threatens-international-peace-and-security-248735

    MIL OSI – Global Reports

  • MIL-OSI Europe: Political consultations in New Delhi to further strengthen bilateral relations

    Source: Switzerland – Department of Foreign Affairs in English

    The state secretary of the FDFA, Mr Alexandre Fasel, and his Indian counterpart, Mr Tanmaya Lal, met today in New Delhi for the 13th round of annual bilateral political consultations. These discussions marked an important stage in cooperation between the two countries, focusing on economic relations, environmental challenges and regional and international issues.

    MIL OSI Europe News

  • MIL-OSI Security: Cooperation via Eurojust leads to over thousand years of imprisonment for drug traffickers in Denmark and Norway

    Source: Eurojust

    Commenting on the outcome of the evaluation of the cooperation, Representative of Denmark at Eurojust, Ms Kirstine Troldborg, and Liaison Prosecutor for Norway, Mr Rudolf Christoffersen jointly, said: This really shows the importance of long-term judicial cooperation across borders between national authorities. Only by closely working together via Eurojust, we can really tackle major criminal networks and get justice done. The support of the Agency to our joint investigation team has been instrumental in getting these impressive results.

    Investigations at national level in both countries showed that a well-structured organised crime group (OCG) trafficked large quantities of different kinds of illicit drugs to Denmark and Norway from Morocco via Spain. In order to tackle the OCG at large, judicial authorities in Denmark and Norway decided to set up a dedicated JIT in 2019, with financial, logistical and operational support from Eurojust.

    Over the five-year period, this not only resulted in the total of 1 037 years of prison sentences being imposed, but also in the seizure of over 9 600 kilos of cannabis, around 675 kilos of cocaine, 355 kilos of amphetamine, 77 kilos of synthetic drugs and 41 kilos of heroin across the two countries.

    Also, both in Denmark and Norway, various firearms, several apartments and other real estate, a vehicle, a boat, a motorbike and luxury watches, as well as cash and cryptocurrencies, were seized, with a total estimated value of EUR 15.6 million.

    The following authorities were involved in the coordination of the operations against the OCG in both countries:

    • Denmark: National Special Crime Unit; Attached Prosecution Service to National Special Crime Unit
    • Norway: Norwegian National Criminal Investigation Service

    In view of Protocol 22 of the Lisbon Treaty of 2009, the EU legislation in the area of freedom, security and justice does not apply to Denmark. Since the entry into force of the Eurojust Regulation in December 2019, Denmark no longer has a National Member at Eurojust, but a Representative. Norway is one of twelve countries* with a Liaison Prosecutor at Eurojust that can open requests for judicial cooperation to authorities in EU Member States and vice versa, via Eurojust.


    *The other countries with Liaison Prosecutors at Eurojust are: Albania, Georgia, Iceland, Moldova, Montenegro, North Macedonia, Serbia, Switzerland, Ukraine, the United Kingdom and the United States.

    MIL Security OSI

  • MIL-OSI: Profila unleashes DOGE on Big AdTech: Slashes costs, pays customers 80% of revenues in ZEKE

    Source: GlobeNewswire (MIL-OSI)

    LUZERN, Switzerland, Feb. 13, 2025 (GLOBE NEWSWIRE) — Profila is revolutionizing the advertising industry by eliminating data-harvesting middlemen and redirecting ad revenues straight to users. With its Web3-powered platform, Profila compensates individuals for their data and attention, offering up to 80% of ad spend in its native ZEKE token. The groundbreaking ZEKE token sale is now live.

    For years, surveillance-driven tech giants and ad intermediaries have exploited user data, accumulating billions while delivering questionable engagement and widespread ad fraud. Profila’s model disrupts this outdated system by enabling direct brand-to-user advertising, ensuring transparency, fairness, and real engagement.

    ZEKE token sale is live!

    Why ZEKE is a game-changer

    • Massive buy pressure – Brands fuel the system, while users cash out in ZEKE.
    • Next-generation privacy – No tracking, no exploitation—just ethical, user-driven engagement.
    • Web3 security – Built on Cardano for enhanced security, fairness, and transparency.
    • Big tech disruption – Eliminates intrusive ads and manipulative algorithms.
    • Limited-time rewards – Up to 200,000 ADA in ZEKE bonuses available.

    “This isn’t just another token launch—it’s a reckoning for the entire ad industry,” said Shawn Jensen, CEO of Profila. “Users should be the ones benefiting from their data, not tech giants profiting behind their backs.”

    About Profila

    Profila is redefining the digital marketing landscape by aligning brand engagement with user privacy. Through its innovative platform, brands achieve 100% engagement with real customers, eliminating wasteful ad spending and ensuring ethical, preference-driven interactions.

    Learn More

    Disclaimer: This content is provided by Profila. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before investing in or trading cryptocurrency and securities .Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44411ea2-2322-493f-9e85-0e8a60fc7ff7

    The MIL Network

  • MIL-OSI Europe: Biochemical signatures to predict how chemical pollution endangers biodiversity

    Source: Switzerland – Federal Administration in English

    Each year, tens of thousands of chemicals enter the market and ultimately the environment. While most of these compounds undergo safety testing before approval, their long-term effects on wildlife remain difficult to predict. To better estimate their potential threat for ecosystems, researchers at Eawag have explored biochemical signatures that indicate the level of chemical stress suffered by fish.

    MIL OSI Europe News

  • MIL-OSI Europe: One molecule, endless patterns: The molecular einstein

    Source: Switzerland – Federal Administration in English

    Is it possible to tile a surface with a single shape in such a way that the pattern never repeats itself? In 2022, a mathematical solution to this “einstein problem” was discovered for the first time. Empa researchers have now also found a chemical solution: a molecule that arranges itself into complex, non-repeating patterns on a surface. The resulting aperiodic layer could even exhibit novel physical properties.

    MIL OSI Europe News

  • MIL-OSI Europe: Swiss Consumer Price Index in January 2025 – Consumer prices fell by 0.1% in January

    Source: Switzerland – Department of Home Affairs

    The consumer price index (CPI) fell by 0.1% in January 2025 compared with the previous month to 106.8 points (December 2020 = 100). Inflation was +0.4% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).

    MIL OSI Europe News

  • MIL-OSI Europe: Ukraine: The Federal Council adopts the 15th EU sanctions package

    Source: Switzerland – Department of Foreign Affairs in English

    On 12 February, the Federal Council decided to adopt the measures of the 15th EU sanctions package against Russia. These measures will come into force on 13 February. On 23 December 2024, 54 individuals and 30 entities had already been added to Switzerland’s sanctions list against Russia.

    MIL OSI Europe News

  • MIL-OSI Australia: CSL Behring’s Gene Therapy HEMGENIX® (etranacogene dezaparvovec-drlb) Four Years Post-Infusion Data Continue to Show Sustained Efficacy and Safety in Adults with Hemophilia B

    Source: CLS Limited

    CSL Behring’s Gene Therapy HEMGENIX® (etranacogene dezaparvovec-drlb) Four Years Post-Infusion Data Continue to Show Sustained Efficacy and Safety in Adults with Hemophilia B

    • 94 percent of patients eliminated factor IX prophylaxis and remained free of continuous prophylaxis through four years post-treatment
    • Mean factor IX activity levels were sustained at near normal levels of 37% through four years post-treatment, reinforcing the efficacy of HEMGENIX in the treatment of hemophilia B
    • Phase 3 HOPE-B data showed that a one-time treatment with HEMGENIX provided long-term bleed protection as mean adjusted annualized bleeding rate (ABR) for all bleeds was reduced by approximately 90% from lead-in as compared to year four

    KING OF PRUSSIA, Pa., Feb. 7, 2025 /PRNewswire/ — Global biotechnology leader CSL (ASX:CSL; USOTC:CSLLY) today announced the four-year results from the pivotal HOPE-B study confirming the long-term durability and safety of a one-time infusion of HEMGENIX® (etranacogene dezaparvovec-drlb) for adults living with hemophilia B. In an oral presentation at the 18th Annual Congress of the European Association for Haemophilia and Allied Disorders (EAHAD), data showed that through four years, HEMGENIX continues to deliver elevated and sustained factor IX activity levels, can offer long-term and greater bleed protection compared to prophylactic treatment, can eliminate the need for routine factor IX prophylaxis, and maintains a favorable safety profile. Approved in 2022 by the U.S. Food and Drug Administration (FDA), HEMGENIX is the first gene therapy for the treatment of adults with hemophilia B who currently use factor IX prophylaxis therapy, or have current or historical life-threatening bleeding, or have repeated, serious spontaneous bleeding episodes. It is also the only approved gene therapy for hemophilia B that can treat adult patients with and without AAV5 neutralizing antibodies thereby providing the potential for a greater number of eligible patients to be treated.

    “Hemophilia B can cause spontaneous bleeds into the joints, resulting in extreme pain and progressive, arthritis-like damage, which can lead to permanent physical debility,” said Steven Pipe, MD, Professor of Pediatrics and Pathology, Laurence A. Boxer Research Professor of Pediatrics and Communicable Diseases, Pediatric Medical Director, Hemophilia and Coagulation Disorders Program Director, Special Coagulation Laboratory University of Michigan. “These results underscore the ability of HEMGENIX to offer long-term bleed protection with a one-time treatment, resulting in dramatic decreases in all annual bleed rates, including joint bleeds, and sustained independence from regular prophylactic infusions.”

    In the Phase III, open-label, single-dose, single-arm HOPE-B trial, 54 adult male participants with severe or moderately severe hemophilia B, with or without preexisting AAV5 neutralizing antibodies, were infused with a single dose of HEMGENIX. Of the 54 participants who received HEMGENIX, 51 completed four years of follow-up. HEMGENIX produced mean factor IX levels of 41.5 IU/dL (n=50) at year one, 36.7 IU/dL (n=50) at year two, 38.6 IU/dL (n=48) at year three and 37.4 IU/dL (n=47) at year four post-infusion. In addition, mean adjusted annualized bleeding rate (ABR) for all bleeds was reduced by approximately 90% from lead-in (4.16, n=54) as compared to year four (0.40, n=51). Furthermore, joint bleeds were reduced from a mean ABR of 2.34 at lead-in to 0.09 during year four. In year four, 94% of patients remained free of continuous prophylaxis treatment. No patients returned to continuous prophylaxis between year three and year four.

    There were no serious adverse events related to treatment with HEMGENIX. HEMGENIX was generally well-tolerated, with a total of 96 treatment-related adverse events (AEs), 92 (96%) of which occurred in the first six months post-treatment. The most common adverse events were an increase in alanine transaminase (ALT), for which nine (16.7%) participants received supportive care with reactive corticosteroids for a mean duration of 81.4 days (standard deviation: 28.6; range: 51-130 days).

    “These data continue to instill confidence in the clinical benefits of HEMGENIX, highlighting the remarkable impact of this one-time treatment to reduce the frequency of bleeds in people with hemophilia B and improve quality of life by alleviating the burden of ongoing factor IX prophylactic treatment,” said Andres Brainsky, Vice President R&D Hematology at CSL. “CSL is committed to continuing to provide ongoing data analyses of HEMGENIX, ensuring that healthcare providers and patients have the necessary information to make informed decisions about treatment options. We are proud to continue to provide life-changing treatment options to the hemophilia community.” 

    The multi-year clinical development of HEMGENIX was led by uniQure (Nasdaq: QURE) and sponsorship of the clinical trials transitioned to CSL after it licensed global rights to commercialize the treatment. Additionally, CSL established a post-marketing registry, which will be informative to all stakeholders and will generate additional evidence on the long-term safety, efficacy, and durability of gene therapy. HEMGENIX has also been granted conditional marketing authorization by the European Commission (EC) for the European Union and European Economic Area, the UK’s Medicines and Healthcare products Regulatory Agency (MHRA), as well as authorization by Health Canada, Switzerland’s Swissmedic and provisional approval by Australia’s Therapeutic Goods Administration (TGA).

    For more information on HEMGENIX, please visit www.Hemgenix.com.

    About the Pivotal HOPE-B Trial
    The pivotal Phase III HOPE-B trial is an ongoing, multinational, open-label, single-arm study to evaluate the safety and efficacy of HEMGENIX. Fifty-four adult hemophilia B patients classified as having moderately severe to severe hemophilia B and requiring prophylactic factor IX replacement therapy were enrolled in a prospective, six-month or longer observational period during which time they continued to use their current standard of care therapy to establish a baseline Annual Bleeding Rate (ABR). After at least the six-month lead-in period, patients received a single intravenous administration of HEMGENIX at a 2×10^13 gc/kg dose. Patients were not excluded from the trial based on pre-existing neutralizing antibodies (NAbs) to AAV5.

    A total of 54 patients received a single dose of HEMGENIX in the pivotal trial, with 51 patients completing at least four years of follow-up. The primary endpoint in the pivotal HOPE-B study was ABR 52 weeks after achievement of stable factor IX expression (months 7 to 18) compared with the six-month lead-in period. For this endpoint, ABR was measured from month seven to month 18 after infusion, ensuring the observation period represented a steady-state factor IX transgene expression. Secondary endpoints included assessment of factor IX activity.

    No serious treatment-related adverse reactions were reported. One death resulting from urosepsis and cardiogenic shock in a 77-year-old patient at 65 weeks following dosing was considered unrelated to treatment by investigators and the sponsor company. A serious adverse event of hepatocellular carcinoma was determined to be unrelated to treatment with HEMGENIX by independent molecular tumor characterization and vector integration analysis. No inhibitors to factor IX were reported. 

    About Hemophilia B
    Hemophilia B is a life-threatening rare disease caused by a mutation on the F9 gene, resulting in low levels of functional clotting factor IX. People with the condition are particularly vulnerable to bleeds in their joints, muscles, and internal organs, leading to pain, swelling, and joint damage. Treatments for moderate to severe hemophilia B typically include life-long prophylactic infusions of factor IX to temporarily replace or supplement low levels of the blood-clotting factor.

    About HEMGENIX®
    HEMGENIX is a gene therapy that reduces the rate of abnormal bleeding in eligible people with hemophilia B by enabling the body to continuously produce factor IX, the deficient protein in hemophilia B. It uses AAV5, a non-infectious viral vector, called an adeno-associated virus (AAV). The AAV5 vector carries the Padua gene variant of Factor IX (FIX-Padua) to the target cells in the liver, generating factor IX proteins that are 5x-8x more active than normal. These genetic instructions remain in the target cells, but generally do not become a part of a person’s own DNA. Once delivered, the new genetic instructions allow the cellular machinery to produce stable levels of factor IX.

    Important Safety Information (ISI)

    What is HEMGENIX®?
    HEMGENIX®, etranacogene dezaparvovec-drlb, is a one-time gene therapy for the treatment of adults with hemophilia B who:

    • Currently use Factor IX prophylaxis therapy, or
    • Have current or historical life-threatening bleeding, or
    • Have repeated, serious spontaneous bleeding episodes.

    HEMGENIX is administered as a single intravenous infusion and can be administered only once.

    What medical testing can I expect to be given before and after administration of HEMGENIX?
    To determine your eligibility to receive HEMGENIX, you will be tested for Factor IX inhibitors. If this test result is positive, a retest will be performed 2 weeks later. If both tests are positive for Factor IX inhibitors, your doctor will not administer HEMGENIX to you. If, after administration of HEMGENIX, increased Factor IX activity is not achieved, or bleeding is not controlled, a post-dose test for Factor IX inhibitors will be performed.

    HEMGENIX may lead to elevations of liver enzymes in the blood; therefore, ultrasound and other testing will be performed to check on liver health before HEMGENIX can be administered. Following administration of HEMGENIX, your doctor will monitor your liver enzyme levels weekly for at least 3 months. If you have preexisting risk factors for liver cancer, regular liver health testing will continue for 5 years post-administration. Treatment for elevated liver enzymes could include corticosteroids.

    What were the most common side effects of HEMGENIX in clinical trials?
    In clinical trials for HEMGENIX, the most common side effects reported in more than 5% of patients were liver enzyme elevations, headache, elevated levels of a certain blood enzyme, flu-like symptoms, infusion-related reactions, fatigue, nausea, and feeling unwell. These are not the only side effects possible. Tell your healthcare provider about any side effect you may experience.

    What should I watch for during infusion with HEMGENIX?
    Your doctor will monitor you for infusion-related reactions during administration of HEMGENIX, as well as for at least 3 hours after the infusion is complete. Symptoms may include chest tightness, headaches, abdominal pain, lightheadedness, flu-like symptoms, shivering, flushing, rash, and elevated blood pressure. If an infusion-related reaction occurs, the doctor may slow or stop the HEMGENIX infusion, resuming at a lower infusion rate once symptoms resolve.

    What should I avoid after receiving HEMGENIX?
    Small amounts of HEMGENIX may be present in your blood, semen, and other excreted/secreted materials, and it is not known how long this continues. You should not donate blood, organs, tissues, or cells for transplantation after receiving HEMGENIX.

    Please see full prescribing information for HEMGENIX.

    You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.

    You can also report side effects to CSL Behring’s Pharmacovigilance Department at 1-866-915-6958. 

    About CSL
    CSL (ASX:CSL; USOTC:CSLLY) is a global biotechnology company with a dynamic portfolio of lifesaving medicines, including those that treat haemophilia and immune deficiencies, vaccines to prevent influenza, and therapies in iron deficiency and nephrology. Since our start in 1916, we have been driven by our promise to save lives using the latest technologies. Today, CSL – including our three businesses: CSL Behring, CSL Seqirus and CSL Vifor – provides lifesaving products to patients in more than 100 countries and employs 32,000 people. Our unique combination of commercial strength, R&D focus and operational excellence enables us to identify, develop and deliver innovations so our patients can live life to the fullest. For inspiring stories about the promise of biotechnology, visit CSL.com/Vita and follow us on Twitter.com/CSL.

    For more information about CSL, visit CSL.com.

    Media Contacts
    Etanjalie Ayala, CSL Behring
    Mobile: +1 610 297 1069
    Email: etanjalie.ayala@cslbehring.com

    Stephanie Fuchs, CSL Behring
    Mobile: +49 151 58438860
    Email: Stephanie.Fuchs@cslbehring.com

    SOURCE CSL Behring

    MIL OSI News

  • MIL-OSI United Nations: 12 February 2025 Departmental update Global convening to empower digital health transformation built on robust foundations

    Source: World Health Organisation

    On the sidelines of the World Summit on the Information Society +20 High-Level Event 27–31 May 2024, the Global Initiative on Digital Health convened global stakeholders governing, supporting and implementing digital health transformation for a multistakeholder dialogue in Geneva, Switzerland, from 28–29 May 2024. 

    WHO Director-General Dr Tedros Adhanom Ghebreyesus provided opening remarks at the World Summit on the Information Society +20 High-Level Event, alongside other global leaders, setting the stage for this significant event. 

    This first global convening of the Global Initiative on Digital Health was co-hosted by the Global Initiative on Digital Health, the Brazil G20 Presidency under the framework of the World Summit of the Information Society (WSIS) and Action line C7: E-Health. The event commenced with remarks from: 

    • Dr Alain Labrique, Director, Department of Digital Health and Innovation, World Health Organization
    • Ms Ana Estela Haddad, Secretary of Information and Digital Health of the Brazilian Ministry of Health
    • Ms Rachel Toku-Appiah, Director, Policy, Advocacy and Communication, Africa, Bill and Melinda Gates Foundation
    • Ms Monique Vledder, Head for Health, Nutrition and Population, World Bank
    • Mr Tomas Lamanauskas, Deputy Secretary-General, the International Telecommunications Union.

    Participants included representatives from over 60 countries and 150 organizations across ministries of health and Information Communication and Technology, government agencies, bilateral agencies, philanthropic organizations, academia, civil society, private sector and technologists. Through both in-person and online participation – enabled with support from the International Telecommunication Union – participants shared their experiences and lessons learned with standards-based and country-led development of digital health architecture.​  

    The discussions focused on several critical topics, including: 

    • the role of digitalization in health financing and the need for digital public infrastructure in the health sector;
    • policy legislation and regulations that enable digital health adoption, data sharing and interoperability standards; 
    • the impact of internet connectivity and bandwidth, level of digital literacy and data governance on national digital governance; 
    • what constitutes a good digital health investment and how to track this;  
    • the opportunities for government-to-government collaboration to strengthen national governance of digital health transformation; 
    • the opportunity for public private partnerships for resilient digital health; and 
    • how to measure progress on the Global Strategy on Digital Health. 

    Key milestones included kick-off of the development of the WHO-ITU Digital Public Infrastructure Reference Architecture​ for Digital Health Transformation and the launch of data collection for the Global Digital Health Monitor and Complementary Report ​focused on the WHO Africa Region through a collaboration between WHO and Africa CDC. 

    The second GIDH global convening will be held at the end of May in Geneva, Switzerland. Visit the GIDH webpage for updates and information on how to get involved. 

    MIL OSI United Nations News

  • MIL-OSI Economics: Unveiled: 2024 ICC Arbitration and ADR preliminary statistics

    Source: International Chamber of Commerce

    Headline: Unveiled: 2024 ICC Arbitration and ADR preliminary statistics

    Alexander G. Fessas, Secretary General of the ICC International Court of Arbitration and Director of ICC Dispute Resolution Services, said:

    “The preliminary figures highlight once more the confidence companies and states place in ICC as their preferred institution for resolving disputes. Staying close to the needs of ICC Arbitration and ADR users worldwide, we remain committed to delivering fair, efficient and transparent services that meet the evolving needs of domestic and international commerce”.

    Caseload

    In 2024, the number of new cases remained strong, with 831 cases filed under the ICC Arbitration Rules (of which 17 began with Emergency Arbitrator applications) and 10 cases under the ICC Appointing Authority Rules. This is similar to the average caseload of the last five years. In October, ICC reached a milestone when it registered its 29,000th case under the ICC Arbitration Rules. In total 1,789 cases were pending at the end of 2024.

    Expedited procedure

    In 2024, 152 new cases were administered under the Expedited Procedure Provisions (‘EPP’). The ICC Court has administered a total of 865 cases under the EPP since the procedure was established in 2017.

    Parties

    A total of 2,392 parties participated in ICC arbitrations in 2024, of which 1,100 were claimants and 1,292 were respondents. Parties originated from 136 jurisdictions, with an increased presence compared to 2023 in North and West Europe, Sub-Saharan Africa, Latin America and the Caribbean, South and East Asia, and the Pacific.

    For new cases, the top 10 countries from which parties originated were the United States (167 parties) followed by Brazil (156), Spain (137), Mexico (106), Italy (101), the People’s Republic of China and Hong Kong SAR (98), Germany (85), Türkiye (80), and France and the United Arab Emirates (73 parties each).

    A total of 45 states and 143 state-owned entities were involved in 159 cases filed during the year, accounting for 19% of new cases.

    Place of arbitration

    ICC arbitral tribunals were seated in 107 cities across 62 countries or independent territories on all continents. The top 10 jurisdictions were the United Kingdom (96 cases), France (91), Switzerland (83), the United States (72), the United Arab Emirates (38), Spain (33), Brazil and Mexico (30 each), Singapore (28), and Germany (20).

    Amounts in dispute

    Amounts in dispute in new cases varied significantly, ranging from just below US$10,000 to US$53 billion. The aggregate amount in dispute for new cases reached US$103 billion, with an average of US$130 million and a median of approximately US$5 million.

    With a total of US$354 billion, the aggregate amount in dispute for pending cases sets an all-time record. The corresponding average and median amounts were US$211 million and US$14 million, respectively.

    Claudia Salomon, President of the ICC International Court of Arbitration, said:

    “The 2024 statistics underscore the ICC Court’s role as the leading arbitral institution. With so many parties from jurisdictions around the world and a record value of pending cases, it is clear that arbitration remains a vital tool for resolving domestic and cross-border disputes. As we move forward, we continue to prioritise accessibility, efficiency and innovation, ensuring that ICC remains a trusted and effective solution for businesses and States worldwide”.

    ICC International Centre for ADR

    A total of 61 requests were filed with the ICC ADR Centre in 2024: 37 under ICC Mediation Rules, 20 under the Expert Rules, three under DOCDEX Rules and one under the Dispute Board Rules.

    The full 2024 ICC Dispute Resolution Statistics report will be released later this year. ICC DRS statistical reports since 1997 are available on the ICC Dispute Resolution Library (jusmundi.com).

    Information presented herewith is subject to verification prior to publication in the complete 2024 annual statistical report.

    Related news

    MIL OSI Economics

  • MIL-OSI Europe: AI regulation: Federal Council to ratify Council of Europe Convention

    Source: Switzerland – Department of Foreign Affairs in English

    Switzerland intends to ratify the Council of Europe Convention on Artificial Intelligence (AI) and to make the necessary amendments to Swiss law. Work will also continue on the regulation of AI in specific sectors such as healthcare and transport. The Federal Council spoke out in favour of this approach at its meeting on 12 February.

    MIL OSI Europe News