NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Trade

  • MIL-OSI China: Norwegians optimistic about opportunities at CIIE

    Source: China State Council Information Office 3

    A truck loaded with exhibits for the upcoming 7th China International Import Expo (CIIE) is greeted with a water salute during an accession ceremony for exhibits at the National Exhibition and Convention Center (Shanghai), the main venue for the CIIE, in east China’s Shanghai, Oct. 22, 2024. [Photo/Xinhua]

    As the 7th China International Import Expo (CIIE) approaches, Henning Kristoffersen, head of Innovation Norway in China, expressed optimism about growing opportunities for Norwegian businesses to deepen presence in Chinese market in a recent interview with Xinhua.

    Highlighting last year’s participation of Norwegian companies in the CIIE, Kristoffersen, also commercial counselor of the Norwegian Embassy in Beijing, said the event had provided a valuable platform for the businesses, particularly those in nutrition and health sectors, to showcase their products.

    They have realized that the CIIE is “an excellent arena to highlight their innovations,” he said.

    This year, Norway will participate in the Country Exhibition for the first time, hosting a variety of activities aimed at engaging with Chinese consumers and stakeholders.

    “This year marks the 70th anniversary of diplomatic relations between Norway and China … As ocean nations, maritime and marine sectors present substantial opportunities for both countries,” Kristoffersen said, adding, “We also look forward to increased cooperation in research and development.”

    Kristoffersen expressed belief that China will offer significant opportunities for Norwegian businesses in its promotion of green transition and innovation-driven growth.

    Sigmund Bjorgo, Norwegian Seafood Council’s country director to China, emphasized the importance of the CIIE as a major meeting point for Norwegian seafood companies to connect with industry stakeholders and consumers.

    “The CIIE has become an essential event for the Norwegian seafood industry. Being part of the Country Exhibition this year will elevate our profile and help us expand our presence in the Chinese market,” Bjorgo told Xinhua.

    Expressing confidence in the Chinese market, Bjorgo, who had previously served in the same position, said, “The growth of Norwegian seafood exports has been impressive, particularly for salmon, which has grown fivefold since 2018.”

    The 7th CIIE, scheduled to be held in Shanghai from Nov. 5 to 10, has attracted participants from 152 countries, regions and international organizations, and achieved a new record with 297 Fortune Global 500 companies and industry leaders set to attend.

    Since its first edition in 2018, this expo has become an important stage spotlighting China’s new development paradigm, a platform for high-level opening up, and a public good for the whole world.

    The previous six editions saw nearly 2,500 new products, technologies and services make their debuts, with combined intended turnover reaching over 420 billion U.S. dollars.

    MIL OSI China News –

    January 25, 2025
  • MIL-OSI New Zealand: Guatemala

    Source: New Zealand Ministry of Foreign Affairs and Trade – Safe Travel

    • Reviewed: 30 October 2024, 15:01 NZDT
    • Still current at: 30 October 2024

    Related news features

    If you are planning international travel at this time, please read our COVID-19 related travel advice here, alongside our destination specific travel advice below.

    Avoid non-essential travel to the following areas due to violent crime (level 3 of 4):

    • within 5km of the Mexican border from the Pacific Coast up to and including the Gracias a Dios crossing
    • to the towns of Santa Ana Huista, San Antonio Huista and La Democracia in the department of Huehuetenangodue.

    Exercise increased caution elsewhere in Guatemala due to violent crime and civil unrest (level 2 of 4).

    Guatemala

    Violent Crime
    Guatemala has a high violent crime rate. Criminal acts often involve firearms and may include armed robbery, kidnapping, sexual assault and murder. The majority of this crime is drug and gang-related, however, violence can be indiscriminate and occur in areas frequented by tourists.

    New Zealanders in Guatemala should remain security conscious and exercise a high degree of caution at all times. This includes in Guatemala City and other major cities, public areas and tourist destinations including Tikal, Petén, Antigua, Volcán de Pacaya and Lake Atitlán.

    Sexual assault remains a risk. There have been incidents of drink spiking in tourist areas such as Antigua. We advise New Zealanders to exercise a high degree of caution and avoid travelling alone, especially at night.

    Pickpockets and bag snatchers are prevalent in major cities and tourist sites, especially in central markets. We advise New Zealanders to take steps to safeguard and secure their personal belongings.

    “Express kidnappings” have also been reported in Guatemala, where criminals abduct a victim for a short amount of time and force them to withdraw funds from their bank account. To reduce the risk of this occurring we recommend you use ATMs that are located within bank branches and during daylight hours only. We also recommend you avoid displaying or wearing items that appear valuable, such as mobile devices and jewellery. No resistance should be given if you are the victim of crime as this could lead to an escalation in violence. Victims have been killed and injured attempting to resist perpetrators.

    When travelling to remote areas, including to volcanoes, it may be safer to travel with others or a reputable tour company. The Guatemalan Government PROATUR service offers tourist advice and security escorts for travel around the country.

    Road Travel
    Inter-city travel can be dangerous, particularly after dark. There have been reports of armed robbery and bus/carjackings affecting tourists on a number of travel routes, including along main highways and the road to and from the international airport in Guatemala City. Armed criminals have been known to set up roadblocks and pose as police officers. If travelling by road, you should keep doors locked, valuables out of sight and windows up at all times. Wherever possible travel in a convoy and avoid all travel after dark.

    Travel on local public buses (“chicken buses”) should be avoided for safety and security reasons as they are usually overloaded and there have been armed attacks by gangs and incidents of crime against foreigners on buses. Radio-dispatched or hotel taxis are the safest option as there have been robberies and assaults associated with unofficial taxis. Prepaid vouchers can also be purchased from the INGUAT (tourist office) in the arrivals terminal.

    Borders
    Special care should also be taken in border areas with Belize, Mexico, Honduras and El Salvador and at border crossings due to organised crime and drug-related violence. Allow enough time for border formalities so that you can arrive at your destination before dark.

    Seismic Activity
    Guatemala lies in a seismically active zone with four active volcanoes, and the possibility of an eruption always exists. Previously volcanic activity has forced evacuation of nearby visitors. Tremors are common, so familiarise yourself with earthquake safety measures. Travellers should be aware of the possibility for travel disruptions in the event of seismic or volcanic activity. Monitor levels of volcanic activity through the local media, and follow any alerts or instructions from local authorities.

    Civil Unrest
    Protests and demonstrations, including strike action and roadblocks, occur across Guatemala and have the potential to turn violent with little notice. They can cause disruptions to traffic and essential services. We recommend you avoid large gatherings, monitor the local media for updated security information and follow any instructions issued by local authorities, including curfews. Participation in demonstrations by foreigners is illegal and may result in detention and expulsion from the country.

    General Travel Advice
    Carry a photocopy or certified true copy of your passport as a form of personal identification when travelling.

    Penalties for possession, use or trafficking of illegal drugs are severe and can include lengthy imprisonment or fines.

    Do not take photographs of children without permission. Many people in Guatemala fear that children are being kidnapped for adoption or for theft of vital organs, and foreigners have been caught up in violent incidents related to accusations and fears of child kidnapping. Photography of government buildings, airports and military establishments is prohibited, and could result in detention. If in doubt, don’t take a picture.

    Medical facilities are limited outside Guatemala City. New Zealanders in Guatemala should have a comprehensive travel insurance policy in place that includes provisions for adventure activities and medical evacuation by air.

    New Zealanders in Guatemala are encouraged to register their details with the Ministry of Foreign Affairs and Trade.

     

    Travel tips


    The New Zealand Embassy Mexico City, Mexico is accredited to Guatemala

    Street Address Jaime Balmes No 8, 4th Floor, Los Morales, Polanco, Mexico D.F. 11510 Telephone +52 55 5283 9460 Fax +52 55 5283 9480 Email nzmexico@mfat.govt.nz Web Site http://www.mfat.govt.nz/mexico Hours Mon – Fri 0930 – 1400

    New Zealand Honorary Consulate Guatemala City, Guatemala

    Street Address 13 Calle 7-71, Zona 10, Guatemala City 01010, Guatemala Telephone (+502) 2360-8276 Alternate Telephone (+502) 2360-4961 Fax +502 2431 3742 Email kiwiguatemala@gmail.com

    See our regional advice for Central/South America

    Top of page

    MIL OSI New Zealand News –

    January 25, 2025
  • MIL-OSI China: Intel unveils additional investment in China

    Source: China State Council Information Office

    Workers set up the exhibition booth of Intel Corporation in preparation for the fifth China International Import Expo (CIIE) in east China’s Shanghai, Nov. 2, 2022. [Photo/Xinhua]

    U.S. chip giant Intel on Monday announced the expansion of its packaging and testing base in southwestern China to boost local supply chain efficiency and better serve Chinese clients.

    With a capital increase of 300 million U.S. dollars, the added capacity at its base in Chengdu, Sichuan Province, will primarily focus on packaging and testing services for server chips to meet Chinese clients’ demand for customized packaging solutions. A new customer solutions center will also be established to enhance the efficiency of the local supply chain and increase support for Chinese customers, the company said in an announcement.

    China’s persistent pursuit of high-quality development and high-level opening-up serves as the foundation and driving force for Intel’s long-term development in the Chinese market. Intel’s strategy of being rooted in China and serving its customers remains unchanged, according to Wang Rui, senior vice president and chairman of Intel China.

    The Chengdu base, put into operation in 2003, is one of Intel’s largest chip packaging and testing centers globally.

    Amidst the challenging global economic recovery, preserving the resilience and stability of global industrial and supply chains is crucial for fostering growth.

    Intel has been under considerable revenue pressure in the global market in recent years. Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, said Intel aspires to leverage the growth of the Chinese market to overcome business challenges and enhance its overall performance.

    Intel has been in China for nearly four decades, establishing its first representative office in Beijing in 1985. China has become the regional market where Intel has the largest investment and the most comprehensive organization outside the United States. Nearly a quarter of Intel’s global revenue of over 50 billion U.S. dollars comes from the Chinese market.

    The fresh move once again demonstrates the importance of the Chinese market to global chip players. Last year, executives of several chip giants visited China, seeking closer collaboration with the world’s largest semiconductor market. Intel CEO Pat Gelsinger, when visiting China in April 2023, said China plays an incredibly important role in Intel’s business strategy.

    While Washington in recent years has continuously imposed semiconductor trade restrictions on China and even attempted to cut off U.S. capital flow to the Chinese high-tech sectors, U.S. chipmakers have found it both impossible and unbearable to “decouple” from the world’s second largest economy. A 2021 report by the U.S. Semiconductor Industry Association clearly stated that “access to this massive (Chinese) market is essential to the success of any globally competitive chip firm today and in the future.”

    “China’s steady economic fundamentals, coupled with the continuous improvement of its business environment, have helped bolster the confidence of foreign enterprises, including Intel, in their pursuit of growth in the country,” said Bai.

    A total of 42,108 new foreign-invested firms were established in China in the first nine months of 2024, up 11.4 percent year on year, according to the Ministry of Commerce.

    MIL OSI China News –

    January 25, 2025
  • MIL-OSI Australia: 240-2024: Unplanned Service Disruption: Wednesday 30 October 2024 – Biosecurity directions

    Source: Australia Government Statements – Agriculture

    30 October 2024

    Who does this notice affect?

    All clients anticipating the receipt of biosecurity directions from the department.

    Information

    Detail:

    The department’s Agriculture Import Management System (AIMS) system is currently experiencing an unplanned service disruption. As a result, some clients anticipating the receipt of biosecurity directions from the department may experience delays.

    Action

    This issue is being…

    MIL OSI News –

    January 25, 2025
  • MIL-OSI Australia: Justice Michael Ball appointed to Court of Appeal

    Source: New South Wales Government 2

    Headline: Justice Michael Ball appointed to Court of Appeal

    Published: 30 October 2024

    Released by: Attorney General


    Experienced lawyer, Justice Michael Ball, has been appointed to be a Judge of the Court of Appeal, part of the Supreme Court of NSW.

    His Honour brings more than 45 years of legal expertise to the state’s top appellate court. Prior to being appointed to the Supreme Court in 2010, he spent most of his career working in Sydney as a solicitor with international commercial law firm Allen Allen & Hemsley/Allens Arthur Robinson.

    Since 2014, Justice Ball has sat in the Commercial and Technology and Construction Lists. He became the List Judge for those lists and the Commercial Arbitration List in 2022. 

    His Honour started his career in South Australia with Mollison Litchfield in 1980 while also tutoring commercial law at the University of Adelaide. The following year he joined the Australian Law Reform Commission, where he worked on the Insurance Contracts and Evidence Law references. He became a solicitor at Allen & Hemsley in 1983.

    Justice Ball was appointed Senior Associate two years later and in 1987 made a Partner in the litigation department.

    During his 27 years with the firm, his Honour was involved in several high-profile cases in competition and insolvency law. This included C7, Antico v Heath Fielding Australia, the Linter litigation, Pioneer and Giant Resources litigation and Trade Practices Commission v Australian Meat Holdings.

    His Honour graduated from the University of Adelaide in 1978 with a combined degree in Arts and Law.  He is a co-author of ‘Kelly and Ball Principles of Insurance Law’, a leading text on Insurance law in Australia.

    Justice Ball will be sworn in as a Judge of Appeal on 4 November 2024.

    Attorney General Michael Daley said:

    “I am delighted to announce the appointment of Justice Michael Ball to the Court of Appeal bench.

    “His Honour is a highly respected lawyer and member of the Supreme Court, and his expertise will be invaluable to the Court and everyone who interacts with it.

    “I congratulate Justice Ball on this well-deserved achievement.”

    MIL OSI News –

    January 25, 2025
  • MIL-OSI USA: Background Press Call on U.S. Efforts to Address U.S. Investments in Certain National Security Technologies and Products in Countries of  Concern

    US Senate News:

    Source: The White House
    Via Teleconference
    2:38 P.M. EDT
    MODERATOR:  Good afternoon, everyone.  Thanks so much for joining today’s call.  As a reminder, this call will be on background, attributable to senior administration officials, and it is embargoed until 5:00 p.m. Eastern today.
    For your awareness, not for your reporting, on the call today we have [senior administration official], [senior administration official], [senior administration official], and [senior administration official]. 
    We’ll follow up shortly after the call with embargoed materials as well, but I will turn it over to [senior administration officials] who will have a few words at the top, and then we’ll take your questions. 
    Over to you.
    SENIOR ADMINISTRATION OFFICIAL:  Thanks, Eduardo, and thanks to everybody for joining us today.
    Since the earliest days of the administration, President Biden has said we are at an inflection point with respect to advanced technologies.  And as he’s often said, we will see more technological change in the next 10 years than we saw in the last 50.
    And that has motivated historic investments, mobilizing hundreds of billions of dollars in private investment to rebuild American manufacturing and innovation. 
    The flipside of that, of course, of promoting critical technologies is, of course, protecting them.  And recognizing how transformative certain technologies can be, the President directed his national security team to ensure that where we have significant advantages, our world-leading technologies and know-how are not used against us to undermine our national security.  That’s been the guiding principle for the Biden-Harris administration’s export control policies, as well as the Outbound Investment Program that we’re glad to announce is being finalized today. 
    As many of you know, we’ve been working on this approach to address certain outbound investments in sensitive technologies and critical sectors that could undermine American national security for some time.  And, in particular, we’ve been focused on the exploitation of certain intangible benefits that often accompany U.S. outbound investments and that help companies succeed through, for example, enhancing their standing and prominence, providing certain types of assistance, introducing investment and talent networks, opening up market access, and enhancing access to additional financing. 
    The People’s Republic of China has a stated goal, as you know: to develop key sensitive technologies that will directly support the PRC’s military modernization and related activities, including weapons development, and it has exploited U.S. investments to develop domestic, military, and intelligence capabilities. 
    So, today, the Treasury Department will issue a Final Rule to implement President Biden’s Executive Order 14105, from August of 2023, which is entitled “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern.” 
    The Final Rule provides the operative regulations and a detailed, explanatory discussion regarding its intent and application.  And as directed in the President’s executive order, the Final Rule does prohibit U.S. persons from engaging in certain transactions involving a defined set of technologies and products that pose a particularly acute national security risk to the United States. 
    The Final Rule also requires U.S. persons to notify the Treasury Department of certain other transactions involving a defined set of technologies and products that may contribute to a threat to the national security of the United States. 
    Covered technologies fall into three categories: semiconductors and microelectronics, quantum information technologies, and artificial intelligence.  This set of technologies, we believe, is core for the next generation of military, cybersecurity, surveillance, and intelligence applications, providing what we believe are force multiplier capabilities. 
    The United States already prohibits and restricts the export to countries of concern of many of the technologies and products covered by the Final Rule.  This program complements the United States’ existing export control and inbound screening tools by preventing U.S. investment from advancing the development of these technologies and products in countries of concern. 
    The Treasury Department, as [senior administration official] will lay out, has used feedback through the notice and comment process to help design a carefully tailored approach.  And we also want to commend Senators Casey and Cornyn, Representatives DeLauro, Fitzpatrick, and Pascrell, as well as Representatives Meeks and McCaul in particular, for their leadership on this issue. 
    The overwhelmingly bipartisan vote on Senators Casey and Cornyn’s Outbound Investment Transparency Act as an amendment to the Senate NDAA demonstrates the shared will of Congress and the administration to meaningfully regulate outbound investments. 
    So, with that, I’ll turn it over to [senior administration official] to provide more detail on the content of the Final Rule. 
    Over to you.
    SENIOR ADMINISTRATION OFFICIAL:  Thanks very much.  As mentioned today, Treasury is issuing, at the direction of the President, a targeted and narrowly scoped regulation that implements a new program to address this threat to U.S. national security.  The Final Rule has clear thresholds and definitions to implement the executive order, and provides detailed, explanatory discussion regarding its intent and application to assist investors and other stakeholders to help them navigate this new program. 
    The Final Rule does two things at its core, as previewed: First, it prohibits U.S. persons from engaging in certain transactions involving semiconductors, quantum, and artificial intelligence.  And second, it requires U.S. persons to notify Treasury of certain other transactions involving semiconductors and artificial intelligence. 
    The rule explains in detail the scope of the program, definitions, processes, requirements, and penalties for non-compliance, among other things.  Importantly, this rule has benefited from the input of a variety of stakeholders, industry experts, and allies and partners. 
    We had two rounds of formal comments on the rulemaking to implement the executive order, first with the August 2023 ANPRM that was issued alongside the ENO and on which we got 60 comments from stakeholders.  Those comments were integral in developing the Notice of Proposed Rulemaking that we issued in June of this year and on which we received more than 40 additional comments, which further informed the development of the Final Rule.
    Over two-plus years, Treasury, along with the Departments of State and Commerce, have led extensive engagements with stakeholders across the globe.  These engagements and our deliberate decision to offer two rounds of public comment have helped us receive insightful feedback that has helped inform the Final Rule to ensure to choose our national security objectives while taking into account the need to be focused, targeted, and clear. 
    Now, I’ll briefly discuss a few key aspects of the rule. 
    First, as [senior administration official] suggested, the rule imposes requirements on U.S. persons.  This includes prohibiting U.S. persons from engaging in certain transactions with what the rule identifies as covered foreign persons, and requires the U.S. persons to notify the Treasury Department about other transactions that involve covered foreign persons. 
    Second, the Final Rule focuses on specific categories of investment transactions where the target of the investment has a nexus to the PRC and activities involving sensitive technologies and products. 
    In terms of what transactions are covered, the Final Rule applies to, among other things, a U.S. person’s acquisition of an equity interest or contingent equity interest, certain debt financing, certain greenfield investments, or investments that could result in corporate expansion and joint ventures.  This would include, for example, a U.S. investment firm taking an equity stake in an advanced semiconductor manufacturer in the PRC.  It would also cover a U.S. company’s purchase of land in the PRC to develop a quantum computing research facility. 
    There are exceptions for certain types of transactions that are less likely to contribute to the national security threat we’re worried about. 
    For example, the Final Rule excepts or carves out certain investments by a U.S. person to publicly trade securities and certain investments made by a limited partner in a pooled investment fund, among others.
    In light of our ongoing conversations with allies and partners on the importance of multilateral efforts in this area, the Final Rule also includes an exception for certain transactions involving a person of a country or territory outside the United States where the Secretary of the Treasury has determined that the country or territory is addressing national security concerns posed by outbound investment. 
    And third, in terms of the technologies and products in scope for the program, the Final Rule provides technical details on the subsets of semiconductors, quantum, and artificial intelligence that are relevant to the program. 
    For example, a U.S. person is prohibited from acquiring equity in a PRC entity that manufactures advanced semiconductors or that is developing an AI system designed exclusively or intended for a military end use.  A U.S. person would be required to notify Treasury if they are acquiring equity in a PRC company that manufactures legacy semiconductors. 
    Other examples include direct equity investments by a company or private equity fund into any PRC company that is repurposing an AI model for penetration testing or automated vulnerability detection and exploitation, which would be covered under the rule as either notifiable or prohibited, depending on the design end use and computing power used to train an AI system. 
    In addition to direct investments, indirect investments through a parent of a PRC company that is using AI models to improve targeting, intelligence, reconnaissance, and surveillance, or autonomous weapons systems for military use would be prohibited, as would such indirect investments in a PRC company developing or scaling quantum computers or networks to undermine encryption systems.  These technologies can be used for advanced code breaking, the development of next-generation military applications, or offensive cyber operations. 
    Additionally, in general, the rule is based on a U.S. person’s knowledge of the relevant facts, rendering a transaction to be covered under the rule.  Enforcement and penalties are consistent with the International Emergency Economic Powers Act, or IEEPA, the authority by which the President issued the executive order. 
    The Final Rule takes effect on January 2nd, giving stakeholders time to organize internal infrastructure and processes to ensure compliance with the rule. 
    The lengthy preamble to the rule summarizes the response to the comments received, as well as provides an explanation of the changes since the proposed rule issued over the summer. 
    And let me make two additional and final points before concluding. 
    First, this program is calibrated to help ensure our actions can be supported multilaterally, which is a critical component to maximize its effectiveness and reduce backfill from other investors.  The administration has been engaged in extensive conversations with allies and partners on the issue, and we are encouraged to see some allies and partners, including the European Commission and the United Kingdom, exploring the issue of outbound investment security in their own jurisdictions.
    Second, cross-border investment flows have long contributed to U.S. economic vitality.  This targeted action is focused on national security and scope to address specific risks posed by certain U.S. outbound investment, and it maintains our longstanding commitment to open investment. 
    Thanks.  And back to you, Eduardo, for questions.
    MODERATOR:  Thank you.  We now have time for a few questions.  If you’d like to ask a question, please use the “Raise Your Hand” feature on Zoom, and we’ll come to you. 
    First up, we’ll go to Michael Martina.
    Q    Hi there.  Appreciate you doing this.  So, what you described sounds quite similar to the notice for proposed rulemaking earlier in the year.  I’m wondering if you can detail any specific or key changes that you made to the original notice you said it was used to inform this Final Rule.  So, are any changes from earlier?
    And just an effort at clarification.  You know, given the exemptions for publicly traded securities, is it the White House’s contention that China has not significantly exploited publicly traded security purchases by U.S. investors to enhance their military or intelligence capabilities?  My understanding is that this is perfectly fine — you could trade public securities for Chinese defense companies under this; that’s totally within the rules.  Is that correct?  Thanks. 
    SENIOR ADMINISTRATION OFFICIAL:  So, maybe I’ll take the first question, Eduardo.  And then, [senior administration official], if you want to chime in on the second from a White House perspective.
    So, I think while largely consistent with the NPRM in scope and structure, the Final Rule does contain some changes, including with respect to clarity of the rule and thinking forward to compliance. 
    So, for example, we’ve selected clear technical thresholds for notifiable and prohibited transactions involving AI systems based on the amount of compute power to train an AI system that is open in the NPRM; refine how the rule applies to U.S. persons with investment banking authority and non-U.S. entity, such that it clearly applies only to those who actually exercise authority, for example; and clarifying with respect to compliance and enforcement with the rule. 
    And so, there are a number of areas where we have honed and focused and sharpened the rule since then, and those are some examples.
    SENIOR ADMINISTRATION OFFICIAL:  Thanks for the question, Michael.  So, I will say we do have existing authorities to address the threat you were discussing.  So, for example, Treasury has authorities — the Chinese military industrial complex sanctions regulations that are intended to address U.S. persons from purchasing or selling publicly traded securities and companies that are involved in this sector, and there are others as well. 
    MODERATOR:  Next up, we’ll go to the line of Anita Powell.
    Q    Thank you so much.  As you guys are surely aware, Elon Musk is developing a data center in China to train the algorithm to work on self-driving cars.  That’s a lot simpler than I think it really is.  But anyway, is this the type of investment that might be restricted under this new rule?  Can you just kind of flesh that out for us?
    SENIOR ADMINISTRATION OFFICIAL:  Sure.  Happy to start. 
    Look, I don’t think we’re going to get into hypothetical scenarios, but just reiterate some of the points that I’ve said. 
    What the rule is really targeted on is capital and the intangibles that can flow from such American capital to go into the development of PRC-based — not just based, but PRC-based entities that are developing these advanced technologies.  And so, that’s sort of the scope of the rule. 
    And one thing I will mention is that Treasury will provide some guidance and other documents during this interim period before the rule goes online.  That’s certainly our intent to help flesh this out.  But I think going back to the core tenets of the rule is the best way to answer that.
    MODERATOR:  Next up, we’ll go to the line of (inaudible).
    Q    Yeah, hi.  Thanks for doing this and for taking my question.  Could you talk a little bit more about the engagement with allies and partners in the process of finalizing this rule, specifically which allies specifically you engaged with and whether there are any allies who are going to create similar rules of their own?  Thank you.
    SENIOR ADMINISTRATION OFFICIAL:  [Senior administration official], maybe you could start with engagements with allies that you’ve had, but then maybe, [senior administration official], if we could go to you, you could talk a little bit about the G7 as well.  That might be helpful.
    SENIOR ADMINISTRATION OFFICIAL:   Yeah, sure.  Thanks. 
    So, in terms of — just to sort of put a topper before going to [senior administration official], we’ve had a number of engagements with partners and allies, which have resulted in not only sort of technical exchanges about what we are doing and why we’re doing it, but also various statements.  And [senior administration official] will allude to one of them with regard to the G7, but obviously the European Commission and the United Kingdom have made statements in support of these goals.  And so, it’s an ongoing process and one that will continue.
    SENIOR ADMINISTRATION OFFICIAL:  Yeah, and just to add on to what [senior administration official] said, this is something that, you know, even from the White House level we engage with our closest allies and partners on.  And [senior administration official] referenced, you know, a line in the G7 leaders’ statement from Apulia early this year that refers to, you know, recognizing that appropriate measures designed to address risk from outbound investments are important to complement our existing toolkit. 
    So, it’s a conversation that we’re frequently having with our key partners and allies.
    MODERATOR:  And we have time for one more.  We’ll go to the line of Patrick Tucker.
    Q    Hey.  Thanks.  Patrick Tucker from Defense One.
    So, when you say the rule prohibits people from acquiring equity in a PRC entity that manufactures semiconductors that might be used in autonomous weapons systems or that might be repurposed for AI penetration testing, is that based on an observation that there are U.S. firms that currently have investments in those areas of autonomous weaponry and penetration testing for China?  Or are you making the rule now in anticipation that firms might begin to invest in that sort of thing?  I’m trying to get a sense of the degree to which U.S. firms have exposure and have willingly made investments in these areas of the Chinese military.
    SENIOR ADMINISTRATION OFFICIAL:  So let me start, [senior administration official], and then perhaps, [senior administration official], pass it to you. 
    I think what we are worried about, which I would focus on, is the kinds of scenarios that we have outlined, which is supported by data.  And one statistic that comes to mind — and I won’t get it exactly right, so I’d refer you to the Georgetown Center for — I think it’s Technology — that had a statistic that said something to the effect of: For a five-year period, I think between 2016 and 2020 or 2021, 17 percent of investment in Chinese artificial intelligence companies included U.S. participation, and of that, 91 percent was at the venture capital stage. 
    I think if you think about those sets of facts and scenarios, that’s the kind of situation that when it comes to certain artificial intelligence capable of impacting our national security, from military intelligence, cyber, other related perspectives, that’s what we’re concerned about. 
    SENIOR ADMINISTRATION OFFICIAL:  Yeah, I would just add to that that part of the motivation, as we were looking at some case studies to inform the development of this executive order and the regulation, actually was focused on cybersecurity, where we had a number — we saw a number of VC investments directly into firms working on cybersecurity that ended up on the entity list for working with Chinese military or intelligence services.
    MODERATOR:  Thanks, everyone, for joining.  That’s all the time we have for today.  As a reminder, this call was on background, attributable to senior administration officials, and the contents of the call are embargoed until 5:00 p.m. Eastern. 
    We’ll follow up shortly with embargoed materials as well. but do reach out to us, to the NSC or Treasury, with any questions in the meantime.  Thanks so much.
    3:00 P.M. EDT  

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Australia: 241-2024: Services Restored: Wednesday 30 October 2024 – Biosecurity directions

    Source: Australia Government Statements – Agriculture

    30 October 2024

    Who does this notice affect?

    All clients anticipating the receipt of email notifications for biosecurity directions from the department.

    Information

    Restored time:

    As of: 14:10 Wednesday 30 October 2024 (AEDT).

    Detail:

    The unplanned service disruption to the department’s Agriculture Import Management System (AIMS) has been resolved. Clients will now receive email notifications for biosecurity…

    MIL OSI News –

    January 25, 2025
  • MIL-OSI Asia-Pac: LCQ1: Promoting digital corporate identity

    Source: Hong Kong Government special administrative region

         â€‹Following is a question by the Hon Shang Hailong and a reply by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, in the Legislative Council today (October 30):
     
    Question:
     
         The Financial Secretary has indicated in the 2024-2025 Budget that the Government will set up a “Digital Corporate Identity” (CorpID) Platform to enable authentication of identity of enterprises using electronic government services or conducting online business transactions in a secure, convenient and efficient manner. The Government’s goal is to roll out the Platform progressively from end‑2026 onwards. However, there are views pointing out that notwithstanding the pressing demand of enterprises for CorpID, the Government’s progress in the relevant work appears to be slightly slow. In this connection, will the Government inform this Council:
     
    (1) given that the Digital Policy Office has been established since July this year, whether the Office can give priority to the work on setting up the CorpID Platform, so that the target launch date of the Platform will be advanced to 2025;
     
    (2) as there are views that the current utilisation rate of personal digital certificate is on the low side, and small and medium enterprises (SMEs) may also be less inclined to adopt CorpID in the future, of the Government’s plan in place to publicise CorpID’s functions, and whether it will consider providing incentives to promote more extensive use of CorpID by SMEs, thereby facilitating smart city development; and
     
    (3) whether it will consider introducing new eligibility criteria for future funding schemes of enterprises, such as accepting applications only from SMEs using CorpID, so as to enhance their participation in CorpID?

    Reply:
     
    President,
     
         Promoting the development of smart city and digital economy in Hong Kong is one of the development directions of the Hong Kong Innovation and Technology Development Blueprint. The Digital Policy Office (DPO) is expediting the development of relevant digital infrastructure, including the development of the “Digital Corporate Identity” (CorpID) Platform, to support digital and intelligent transformation.
     
         My reply to the questions raised by the Hon Shang is as follows:

    (1) The CorpID Platform provides various functions, including corporate identity authentication, digital signing, pre-filling of forms and storage of digital licences and permits, etc, which facilitate corporations to undergo corporate identity authentication and corporate signature verification in a secure, convenient and efficient manner when using e-government services or conducting online transactions, hence alleviating the current paper-based and complicated procedures.

         The CorpID Platform is a brand new and complex large-scale digital infrastructure. The DPO must make adequate preparation and conduct comprehensive testing, including security risk assessment and audit, third party independent testing, as well as cybersecurity testing, etc, to ensure the security and reliability of the Platform. Since the Legislative Council approved of its funding in June this year, we have been pressing ahead with the project at full speed, including the collection of business requirements from stakeholders to ensure that the system design and functionalities meet the needs of different public and commercial application scenarios.

         The DPO strives to invite tender within this year and award the contract for design and development of the system in the middle of next year, with a view to launching the CorpID Platform progressively from end-2026. On the premise of ensuring system security and stability, the DPO will explore the feasibility of compressing the timeline.

    (2) and (3) The CorpID will offer users a corporate-based digital certificate. The Government has been driving the application of digital certificates. At present, digital certificates are being used in many domain areas including “iAM Smart”, “Government-to-Business” services (such as the Government Electronic Trading Services) and “Business-to-Business” services (such as financial services, secure email transmission), etc. With the growing number of citizens using “iAM Smart” and the launch of the CorpID Platform, the adoption of digital certificates will be further promoted.

         The DPO plans to implement the following measures to attract and encourage corporations and government departments to use the CorpID:
     

    in collaboration with the government departments that have business dealings with corporations, roll out several functions through connecting with the CorpID Platform. The DPO will also require all corporate-related e-government services to support the use of the CorpID within 18 months after its launch;
     
    through a Sandbox Programme, the service providers interested in supporting the CorpID can conduct proof-of-concept testing and develop their applications to design application scenarios and solutions that better meet the market demands;
     
    consider integrating the CorpID Platform with other corporate identity standards widely adopted in the industries for interoperability; 
     
    facilitate registration by enabling applicants to submit online applications through the CorpID Platform and create their CorpID once verified successfully, so that they can complete the application process while staying indoors; and
     
    publicise and promote the convenience and main functions of the CorpID to the industry through diversified channels, including websites, social media and communications platforms, promotional videos, industry organisation activities, etc. 

         The above work will help government departments and corporations better understand the functions, advantages and applicability of the CorpID Platform. Various departments can also utilise the CorpID as a technical solution for identity authentication and digital signing in accordance with their own policies, individual project objectives, development needs and technical requirements, etc, to facilitate the implementation of various policy measures in order to enhance efficiency and benefit the public and businesses.

    MIL OSI Asia Pacific News –

    January 25, 2025
  • MIL-OSI: Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.

    TORONTO, Ontario and BROSSARD, Québec, Oct. 29, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”), a global leader in vertically integrated Bitcoin data center operations, today announced that it has nominated Andrew J. Chang for election to its Board of Directors (the “Board”) at the Special Meeting of shareholders to be held on November 20, 2024 at 4:00p.m. Eastern Time (the “Special Meeting”).

    Bitfarms Special Meeting of Shareholders
    Pursuant to the Settlement Agreement between the Company and Riot Platforms, Inc. dated September 23, 2024, at the Special Meeting, shareholders will be asked to approve an expansion of the Board from five members to six members, to elect an independent director nominated by the Board to serve as the sixth member of the Board, to ratify the Company’s shareholder rights plan adopted on July 24, 2024, and to conduct such other business as may properly come before the Special Meeting.

    Shareholders and guests can access the virtual meeting using this link. Additional information regarding the Special Meeting, including how to vote, is available via the proxy materials disseminated to shareholders by Bitfarms and as filed on SEDAR+ at http://www.sedarplus.ca and on EDGAR at http://www.sec.gov/EDGAR.

    Nomination of Andrew J. Chang to Bitfarms Board of Directors
    Bitfarms’ Governance and Nominating Committee conducted a thorough director search process and held interviews with several qualified candidates, and, along with the Board, unanimously supports the nomination of Andrew J. Chang for election at the Special Meeting.

    Mr. Chang is a 20-year veteran of the technology industry with experience as an investor, operating executive, entrepreneur, and advisor. He was a founding partner of Liberty City Ventures, a leading venture capital fund. Mr. Chang also served as Chief Operating Officer of Paxos, a blockchain infrastructure platform that has powered solutions for PayPal, Stripe, and more. At Paxos, he helped grow the team from 8 to 190 employees and launched the first regulated blockchain focused trust company and the first regulated stablecoin in the U.S. During that time, Paxos raised $500M in capital and its most recent valuation is $2.4 billion.

    Before joining Paxos, Andrew served as a Lead Strategic Partner Development Manager at Google, working in business development for display ad products. Prior to that, he was the Chief Operating Officer of ConditionOne and an associate at TechStars (New York). He also has experience managing innovation in research, analytics and digital media at WPP PLC-owned Kantar Video and at 360i, a digital marketing agency. 

    Andrew earned his MBA from New York University’s Leonard N. Stern School of Business, where he was President of the student body, and a BS from Boston College.

    Brian Howlett, Independent Chairman of the Board, said, “The Bitfarms Board is committed to strong corporate governance and recognizes that a diverse set of skills is required to effectively oversee the execution of the Company’s strategic initiatives. Andrew is an impressive technology industry veteran whose experience and knowledge is highly complementary to that of our current Board. We believe he will be instrumental as we execute our aggressive growth plan, and we look forward to leveraging his expertise to maximize value for Bitfarms shareholders.”

    About Bitfarms Ltd.

    Founded in 2017, Bitfarms is a global vertically integrated Bitcoin data center company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated data centers with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime.

    Bitfarms currently has 12 operating Bitcoin data centers and two under development situated in four countries: Canada, the United States, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com
    https://www.facebook.com/bitfarms/
    https://twitter.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    Forward-Looking Statements

    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding holding the Special Meeting and the timing thereof, and the matters to be put before the Company’s shareholders at the Special Meeting are forward-looking information.

    Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. This forward-looking information is based on assumptions and estimates of management of Bitfarms at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Bitfarms to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; and the power purchase agreements and economics thereof may not be as advantageous as expected. For further information concerning these and other risks and uncertainties, refer to Bitfarms’ filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the MD&A for the year-ended December 31, 2023, filed on March 7, 2024 and the MD&A for the three and six months ended June 30, 2024 filed on August 8, 2024. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. 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. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms undertakes no obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contact:

    Bitfarms
    Tracy Krumme
    SVP, Head of IR & Corp. Comms.
    +1 786-671-5638
    tkrumme@bitfarms.com

    Media Contact:

    Québec: Tact
    Louis-Martin Leclerc
    +1 418-693-2425
    lmleclerc@tactconseil.ca

    The MIL Network –

    January 25, 2025
  • MIL-OSI Russia: “I would be interested in talking to Chinese farmers”

    Translation. Region: Russian Federation –

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

    Veronika Smirnova studies the Chinese approach to global food security and spent a year at the Renmin University of China in Beijing. In an interview with the HSE Young Scientists project, she spoke about Xi Jinping’s flagship initiatives, her interest in FAO’s John Boyd Orr, and her love of malatan and xiao long bao.

    How I got started in science

    It wasn’t a strategic plan. Science chose me, like many future scientists who enjoyed studying many subjects at school. Surprisingly, math and physics were the easiest for me, but I ended up choosing the humanities.

    Around the 9th grade, I thought about what direction I would like to choose in the future, and the topic of international relations seemed interesting to me. At that time, I was not yet interested in Chinese culture, I only heard in the news that Russian-Chinese relations were developing at a rapid pace. When it was time to choose a second language (internationalists always learn two), I spent a long time choosing between German and French. But then something sank in my heart, and I began to study Chinese, not yet knowing what awaited me in the future. This is how my love for China began, I gradually began to take an interest in culture and politics.

    In my undergraduate studies at Nizhny Novgorod State University, we had amazing courses on analytics for government bodies. I really liked this subject, and I became interested in working in this field. When I went to the master’s program at HSE, I saw that CCEMI, where I now work, was recruiting interns, and I applied. That’s how my path in science began. Then I went to graduate school and continued scientific research.

    What am I studying?

    China’s participation in the global food security system. Interest in this topic did not develop immediately. In my bachelor’s degree, I studied more about culture and soft power. But in my master’s degree, I thought: I would like to study something more practice-oriented, which could contribute to the improvement of Russian-Chinese relations. The food topic found me itself.

    The HSE education system involves earning several credits for projects during the course of study. In my Master’s program, I chose a project that was conducted by the School of Oriental Studies together with Azbuka Vkusa. Against the backdrop of Covid, we studied how retail is developing in Asian countries. I was doing research on China. And then one of the teachers said that there was an opportunity to do an internship at the UN.

    At first I wasn’t interested, but my friend, who had this experience, explained that it was a very interesting track where you act as a manager of an educational course.

    I applied for the next intake and was accepted to this project. The internship was online. I helped organize a course for UNITAR (United Nations Institute for Training and Research) and FAO (FAO, Food and Agriculture Organization of the United Nations). The course was designed for officials from the post-Soviet space on the topic of agriculture in international trade agreements.

    I thought it was an interesting topic because China and Russia were developing relations in the agricultural sector, so I decided to take it up more seriously and continued to study it in graduate school.

    What was my master’s thesis about?

    I studied Chinese concepts in global governance. This topic is close to my PhD thesis, where I examine how China promotes its approaches to food security co-operation internationally.

    In my master’s degree, I was interested to see how China’s policy ambitions are growing in practical terms, what approaches it offers – whether it is trying to take the place of the United States or is offering something unique.

    I decided to look at the theoretical approaches of Chinese scholars and compare them with the statements of Chinese leaders Hu Jintao and Xi Jinping. And I saw that, in principle, the same thing happened to the concept of global governance developed in the West as to many other Western concepts in China – from complete rejection to active participation.

    At first, China came out with sharp criticism, claiming that the concept was aimed at Western countries controlling global development. Then with interest – how to apply it with Chinese specifics. Then, gradual testing began in specific areas. For example, Chinese scientists separately studied issues of sovereignty, participation of non-profit organizations. And already at the next stage, they proposed their own approaches.

    At the same time, Chinese leader Xi Jinping put forward the concept of a Community of Shared Future for Humanity and the flagship Belt and Road Initiative, and Chinese scholars were studying how to develop global governance together with other countries through these projects.

    What is the Community of Shared Destiny for Humanity?

    Xi Jinping put forward this concept in 2013 — by the way, he first spoke about it in Moscow, at MGIMO. At the first stage, it was quite simple, it could be characterized by his words: “In me there is you, in you there is me.” The world is interconnected, and we need to manage things together, because if one participant starts having problems (as we saw during the pandemic), they arise for others as well.

    A more correct translation of the name is “the concept of a common destiny.” “A common destiny” implies unification. And China insists that everyone has the right to follow their own path of development, and this community is expressed in the fact that we develop together, but in different ways.

    Why China Believes the World Needs Food Security

    China is primarily interested in ensuring internal security. It relies on the concept of self-sufficiency. This issue is particularly sensitive for it. In the past, periods of famine were associated with political instability.

    During the Cold War, when China suffered famine, the country also faced a food embargo from the United States. And now China believes that “it must hold the rice bowl firmly in its own hands,” as Xi Jinping says.

    But having joined the WTO and participated in world trade, one cannot be completely autonomous. If there are problems in the food security sphere somewhere, it affects everyone. China is interested in maintaining general world stability. It is also developing cooperation in the “south-south” direction. This is cooperation between a developing country and a similar country, where it acts not as a donor, but as a partner, sharing its experience in solving problems.

    In the area of food security, China’s experience is a strong case: the country was able to defeat hunger with very few resources, land and water. Therefore, this is one of the key areas for cooperation with developing countries. China focuses on them, and mainly seeks to develop partnerships with them.

    Russian-Chinese relations

    Our relations are now at the peak of prosperity. During the Cold War, Sinologists had a hard time. Relations were tense, we had different views on what communism should be. The Chinese reacted quite sharply to the debunking of Stalin’s personality cult. We had border conflicts. China then, especially against the backdrop of rapprochement with the United States, diverged even more from the USSR.

    I remember my first academic supervisor in my bachelor’s degree told me that he was criticized in his close circle for studying the language of a country where he would never go, with which we are at odds. But he said that he was right. The prerequisites for normalizing relations began to emerge in the Brezhnev era, later the issues of demarcation and delimitation of the border were resolved, economic relations also developed, and now our relations have become the best.

    What results and achievements I am proud of

    I spent the last year in China, and returned in July. I was accepted to the New Sinology program for postgraduate students. It is designed to develop new approaches to China studies, building connections so that scholars can see their subject up close. I chose Renmin University of China, one of the largest in Beijing. I was able to work on my topic with a Chinese supervisor, Professor Song Wei, who is developing the theoretical framework I used in my work.

    My other achievements are not really in the scientific sphere. Within my center, I am actively involved in the implementation of joint humanitarian projects between Russia and China.

    We organized a Russian-Chinese summer school for students, and we had a project called “China Perspective,” where students from our department met with China experts and learned how to build a career in cooperation with the PRC.

    Basically, my journey of getting to know HSE and CCEIS began with me being a participant in the Russian-Chinese summer school — the 9th intake. And the next time, I was already on the organizing committee. The school was held online because of COVID, but there were many participants, some even joined from Brazil.

    What I dream about

    I am very interested in getting more field experience. For example, going to Chinese villages and talking to farmers. In China, most agricultural products are still produced on small farmsteads.

    Where I was in China

    I traveled a lot around China, visited ten cities: Beijing, Shanghai, Shenzhen, Hangzhou, Suzhou, Xi’an, Luoyang, Tianjin, Chengdu and Chongqing. In Shanghai, colleagues from my center organized a conference of the Valdai Club together with the East China Normal University. I was included in the delegation.

    There was also a trip to a conference in Shenzhen, to MSU-PPI – a joint university of Moscow State University and Beijing Polytechnic University. I already went to other cities with friends, to immerse myself in Chinese culture. A guy from India studied with me on the program, we became friends, he was more advanced in studying Chinese culture, and I went on my first trip with him.

    Science for me is a way of life, a space of connections. You are constantly looking for something to talk about, something to study.

    If I hadn’t become a scientist, I could have become a manager or producer of educational courses in the humanities. I still combine this with my scientific career, but I would have concentrated on it.

    Who would I like to meet?

    For my dissertation, I would like to meet the first FAO Secretary-General, John Boyd Orr, and talk more about his failed initiatives. My research is more in the area of international cooperation, while his research is specifically looking at how certain policies reduce malnutrition in the world.

    I was very inspired by the history of the creation of FAO. Boyd Orr was the first Secretary-General, he stood at its origins. He advocated a comprehensive approach to food security. At that time, food security was considered to be only access to products and their availability. He suggested looking at the problem more broadly and advocated that the newly formed organization should control not only development issues and information collection, but also trade, production, and food delivery.

    For example, during World War II, scientists discovered that if you increase the rations for pregnant women, then infant mortality drops sharply. They made several such discoveries, were inspired, and thought that this new knowledge would allow them to significantly reduce hunger within the organization.

    But due to the onset of the Cold War, due to the importance and criticality of this topic for the world’s major powers, there was not enough space for trust to be created so that a common supranational structure in the form of a UN institution could control all these processes.

    What my typical day looks like

    Now my typical day is loaded with work: the last year of graduate school, finishing my dissertation, going to the pre-defense. So I wake up, have breakfast, go to work and sit here for a long time. I solve work issues, and when I have a free minute, I finish the text of the dissertation.

    What will I do after my defense?

    I will continue working at CCEMI. I think that there will be more time for scientific work. I would like to study the topic of Russian-Chinese agricultural cooperation in more detail. It is also interesting to look at the development of the foodtech sphere in China, startups in this area. I would also try to publish in Chinese journals. They are not taken into account in our systems, which is critical for a postgraduate student, and after the defense this issue will no longer be so acute.

    Do I get burnout?

    I think it was at the beginning, when I didn’t understand how to combine work and study, but here my colleagues helped. We have a friendly atmosphere in the team, everyone supports each other. I adhere to the approach that there are always many interesting projects, but it is important to refuse most of them and concentrate on the most important, otherwise burnout can occur.

    What are my interests besides science?

    I love yoga. It helps me maintain a sports regimen during periods of intense work. I also like digital drawing, sometimes I even do something design-related. At the launch stage of our project “Chinese Perspective”, I made posters for the VKontakte group.

    Where do I recommend starting your acquaintance with China?

    I would recommend looking at VK groups dedicated to China. In our Russian-speaking community, for example, there is a group called “Grey Mocha” that publishes cultural notes about China. The Vyshka Chinese Club also provides a lot of useful information.

    China has its own social networks. If you want to watch Chinese videos, you should go not to YouTube, but to Bilibili and Kuaishou. WeChat is a must to communicate with Chinese colleagues. They have an interesting service called “Little Red Book” — something like a combination of Instagram and Telegram, it helped me a lot while traveling around China. You can type in “Tasty places there,” and it will show you. You could even find out which of the many cafeterias at my university serves the best food. Or figure out how to take a photo in the Temple of Heaven without people being visible. But to immerse yourself in the Chinese blogosphere, you need to know the language and understand how it works. If you come to China with only English, it will be more difficult.

    The leading contemporary Chinese writer

    Probably Mo Yan. In the book “Frogs” he describes the social reality of the “One Family – One Child” era. I also liked the plot of the book “Children of the Herd Age” written by Liu Zhenyun. One of the stories describes how a man gave a large ransom for a woman, and she ran away with this ransom without marrying him, and his sister tries to find her.

    Popular Chinese Attractions Among Russians

    Beijing, Shanghai and Harbin — because of the proximity of the border. In Beijing, the heritage of ancient culture is interesting: the Forbidden City, the Temple of Heaven, the Great Wall of China. In Shanghai, people walk along the embankment, look at the Pearl Tower, there are more monuments of Western culture there. Hainan Island is also popular, especially among residents of Siberia and the Far East. The sea there is very clean. There are many interesting delicacies, for example, candies made from shark meat. Other destinations are for more advanced tourists who are also interested in nature. For example, the province of Sichuan, where pandas live and there are national parks.

    Differences between Western and Chinese culture

    There are, and very strong ones. In China, they tend to be collectivist, not individualistic. We have the concept of conscience, and they have shame. This is a capacious topic, it is difficult to talk about briefly, but it can be outlined with a series of illustrations by Chinese artist Yan Liu.

    What was the last thing I read and watched?

    Our colleague Ivan Yuryevich Zuenko recently published a book, “China in the Era of Xi Jinping.” I read it and even attended the presentation.

    Because of my dissertation, everything is about China now, and I watch something to support Chinese. For example, the talk show “This is China” with Professor Zhang Weiwei and the program “Round Table” with the popular host Dou Wentao.

    Advice to young scientists

    Get involved in the scientific community early on, as talking to colleagues helps you understand early on what to watch out for and what new and interesting perspectives there are on the issues you’re studying.

    Try to publish and speak at conferences. The sooner you gain such experience, the easier it will be to move along this path. And for a sinologist, it is especially important to have your own knowledge base and know exactly where to find certain materials. Order disciplines and helps in scientific work.

    Favorite place in Moscow

    VDNKh. I lived there during my first year of graduate school, and often walked there. This place is associated with my first pleasant memories after moving to Moscow.

    Favorite places in Beijing

    First of all, Beihai Park. Chinese parks are different from ours. When I came there for the first time in the evening, I felt like I was in a fairy tale. I also love Houhai, it’s also in the center, a walking place around the lake. And Qianmen Street, it’s quite lively, there are a lot of Chinese eateries, street food.

    At first, I didn’t quite have the right idea of Beijing. I thought it was high-rise and modern. But if you travel around southern cities, you’ll notice that Beijing has many low buildings in the center and it’s not so densely built up. There are hutongs on Qianmen Street – ancient buildings. And a nice coffee shop called Metal Hands.

    Chinese cuisine

    I like it. I often ate xiao long bao (steamed meat buns like dumplings), malatan (a spicy soup where you put the ingredients yourself), and different types of beef noodles. Because of my Indian friends, I also fell in love with Indian food. But in general, there are a couple of places in Beijing where you can eat Russian food. When I started missing mashed potatoes with a cutlet, it was easy to get them.

    Where would I go in China

    See the natural attractions near the cities of Chengdu and Chongqing. You need to go there in a group and think everything through in advance. There are two large national parks near Chengdu. And next to Chongqing is the Wulong Karst geological park. And there is also a beautiful place Zhangjiajie, you also need to go there for five days, preferably with a group and a guide.

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

    MIL OSI Russia News –

    January 25, 2025
  • MIL-OSI: BTQ Technologies Corp. to Present at the AI & Technology Virtual Investor Conference October 31st

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) — BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, today announced that Nicolas Roussy Newton, Co-Founder and COO will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on October 31st, 2024.

    DATE: October 31st
    TIME: 1:30pm ET
    LINK: https://bit.ly/3ASgcyv
    Available for 1×1 meetings: October 31/November 1-5, 2024

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent BTQ Highlights:

    About BTQ
    BTQ was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.

    Connect with BTQ: Website | LinkedIn

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    BTQ Technologies Corp.
    Bill Mitoulas
    Investor Relations
    +1.416.479.9547
    bill@btq.com

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

    Neither CBOE Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

    The MIL Network –

    January 25, 2025
  • MIL-OSI Banking: Pan Gongsheng: Strike the right balance and pursue high-quality development of the Chinese economy

    Source: Bank for International Settlements

    Distinguished Party Secretary Yin Li, Mayor Yin Yong, Mr. Wang Jiang, Mr. Li Yunze, Mr. Wu Qing, Mr. Fu Hua, Mr. Zhu Hexin, and dear guests,

    Good morning!

    It is a great pleasure to attend the Financial Street Forum. I would like to take this opportunity to exchange views with you on three issues.

    I. Progress in implementing a package of incremental monetary policies

    According to arrangements of the CPC Central Committee, financial regulators announced a package of policies to support stable economic growth on September 24. The move attracted great attention and received extensive support. The day before yesterday, the PBOC, the National Financial Regulatory Administration (NFRA), and China Securities Regulatory Commission (CSRC) organized a meeting with major commercial banks, securities firms, and fund companies to make arrangements for prompt implementation of the package of policies. Here I would like to share with you our progress in implementing relevant policies.

    In terms of the required reserve ratio (RRR) and interest rate cut, on September 27, the RRR was cut by 0.5 percentage points, the 7-day reverse repo rate was cut by 0.2 percentage points, and the medium-term lending facility (MLF) rate was cut by 0.3 percentage points from 2.3 percent to 2 percent. We might further cut the RRR by 0.25-0.5 percentage points at proper time, depending on the market liquidity before the year-end. This morning, the commercial banks have announced to lower the deposit rates, and the loan prime rate (LPR) to be released on October 21 is also expected to drop by 0.2-0.25 percentage points. The four policies related to real estate finance have all been rolled out. Specifically, the adjustment of rates on existing housing loans is a policy to benefit people’s livelihood unveiled at the decision of the CPC Central Committee. It will benefit 50 million households, whose interest expenses will be reduced by about RMB150 billion each year. As for the two financial instruments to support stable development of the capital market, the PBOC has established a special working group together with the CSRC and NFRA. Securities, funds and insurance companies swap facility (SFISF) are now open to financial institutions for application. The policies related to special central bank lending for shares buyback and holdings increase have been officially released today for implementation.

    Since it was announced and implemented, the policy package has received positive feedback both at home and abroad. It has vigorously boosted social confidence and played an effective role in promoting stable economic and financial performance. We have taken three main factors into consideration while formulating these policies.

    First, given the current economic performance, we need to implement strong macro aggregate policies. Major problems in the current economic operation, as reflected at the macro level, are insufficient effective demand, weak social expectations and low prices. A common market view is that we need to launch strong macro policies. According to the arrangements of the CPC Central Committee, the PBOC has conducted in-depth researches and prepared policy plans in advance. Against this backdrop, the CPC Central Committee promptly made the decision to launch a package of incremental policies, which reflect its determination to secure the economy, stabilize expectations, boost consumption and benefit people’s livelihood. The market responded to the initiative positively.

    Second, the economy still faces some prominent challenges, which are mainly related to the real estate market and the capital market. Drawing on international experience and China’s practices in the past, we need to unveil targeted policies in response.

    In terms of the real estate market, the PBOC, based on its mandate, has improved four real estate finance-related policies, supporting risk defusing and sound development of the real estate market from a macro-prudential perspective.

    In terms of the capital market, the PBOC, together with the CSRC, has developed two instruments to facilitate the stable development of the capital market. The two instruments were designed completely based on market principles, and internationally there had been successful practices. Regarding the SFISF, the central bank does not provide fund support for the market directly, so it does not expand the central bank’s money supply and base money. The central bank lending for shares buyback and holdings increase is targeted. The credit funds must not enter the stock market in violation of financial regulation. This remains a red line. The two instruments showcase the efforts of the PBOC to expand and explore its mandate of maintaining financial stability. We will keep on cooperating with the CSRC to gradually improve the instruments in practice, and explore day-to-day institutional arrangements.

    Third, the central bank needs to observe and evaluate financial market risks, and adopt proper measures to cut off or moderate the accumulation of financial market risks from the perspective of macro-prudential management. Recently, the PBOC strengthened communications with the market on the long-term government bond yield. We aimed to contain the potential systemic risk derived from one-sided downward movement of long-term government bond yield driven by herd effect. The financial markets are highly sensitive, which means they rapidly react to and price in changes in policies and various factors. From a macro and in-depth point of view, the real economy and the capital market are interwoven and interactive. The valuation recovery helps the capital market to perform its functions of investment and financing. It breaks the vicious cycle of market slump and equity pledge risks, thus promoting the healthy development of listed companies, improving social expectations, and invigorating consumption and investment demand.

    II. The right balance and high-quality development of the Chinese economy

    The objective of macroeconomic adjustments is to calibrate the economic development trajectory in the short term, while that of reforms and economic restructuring focuses on the mid- to long-term, which is to achieve high-quality development and sustainable economic growth.

    Since the 18th National Congress of the CPC, General Secretary Xi Jinping and the CPC Central Committee have been highlighting the importance of improving the quality and benefits of economic growth. The 19th National Congress of the CPC made it clear that the Chinese economy had been transitioning from a phase of rapid growth to a stage of high-quality development. A requisite for China to adapt to the evolution of the principal contradiction facing the Chinese society, high-quality development focuses on addressing the problem of unbalanced and inadequate development, so as to better harmonize the major ratios in the national economy.

    In physics, balance means that an object remains relatively stable under the combined action of several forces. The right balance in economic development refers to a dynamic process of the interaction and improvement of various economic structures and ratios, and it is a common phenomenon in the economic development of various countries.

    Since the beginning of this century, the global economy has gone through three major balancing periods in which China were deeply engaged and made active contributions.

    The first period was between 2001 and 2007. After China’s accession to the WTO, its low cost factors fully integrated into the global industrial division of labour, which effectively expanded global supply, and enhanced the production efficiency. It helped to tame the global inflation and boost economic growth.

    The second period was between 2008 and 2017. After the Global Financial Crisis, the world economy featured “three lows and one high”, namely, low growth rate, low inflation, low interest rate, and high debt level. When the global demand was dampened, China took the initiative to vigorously boost domestic demand. The efforts helped spur the world economy and avoid its deflation. During the decade, China’s contribution to the world economic growth was stable at around 30 percent.

    The third period was after the outbreak of the COVID-19. Due to supply shocks and potent demand side stimulus, the global inflation once surged and stayed elevated. While China’s supply chain system remained stable, it helped to fill the global supply gap, presenting China’s sustained contribution to bringing down inflation and achieving economic balance in the world.

    The Chinese economy has also undergone profound restructuring and balancing processes. In recent years, with the deepening of supply-side structural reforms, the acceleration in the establishment of a new development paradigm, and the adoption of other strategic measures, China has made continued efforts to shift its economic growth model from the traditional focus on high-speed growth to an innovation-driven, quality- and efficiency-oriented mode. As a result, the quality and efficiency of supply have been improving while the value added of high-tech manufacturing has accounted for an expanding share. With the contribution from consumption continuously on the rise, consumption, investment, and net exports made up 56 percent, 42 percent, and 2 percent of China’s GDP in 2023, respectively, as compared with the corresponding data of 49 percent, 47 percent, and 4 percent in 2010.

    To promote high-quality economic development and sustainable growth, we need to strike the right balance in economic operation from the following three perspectives.

    First, we need to strike the right balance between the pace and quality of economic growth. Given the vast size of the Chinese economy, we need to keep economic growth at a reasonable rate in order to boost employment and people’s income. As the transformation of the economic development model and economic restructuring will likely affect economic growth in the short term, we need to strike the right balance, put effort into fostering the new drivers of economic growth, and firmly support stable economic growth so as to effectively upgrade and appropriately expand China’s economic output.

    Second, we need to strike the right balance between internal and external concerns in achieving economic growth. In recent years, the Chinese economy has seen effective improvements in its external equilibrium. China’s current account surplus-to-GDP ratio, which fell from around 10 percent in 2007 to approximately 2 percent in 2011, has stayed within an internationally accepted range of 1-2 percent in recent years. Currently, as international geopolitical tensions have led to economic deglobalization, international trade politicalization and instrumentalization, the world’s sustainable economic growth and welfare growth are facing obstacles. Upholding free trade and fair competition, we will remain committed to expanding two-way opening-up, and we will make better use of both domestic and international markets as well as their resources to further enhance the international competitiveness of Chinese enterprises and to accelerate the establishment of a new development paradigm.

    Third, we need to strike the right balance between investment and consumption. During past economic cycles in the history, we have confronted economic downward pressures mainly by boosting investment and maintaining supply-side productive capacity, which has played a significant and effective role. In pursuing high-quality development, we need to follow the direction of economic restructuring to adjust investments and channel more of them to areas such as sci-tech innovation and basic livelihoods. We will continue to apply a people-centered development philosophy, focus on raising household income, optimize the structure of fiscal expenditures, enhance the social security system, and promote consumption growth, thus giving rise to a virtuous cycle in which “government encourages consumption, consumption activates markets, markets lead businesses, and businesses expand investment”.

    To achieve the right balance in the economy, we need to deal with the following priorities. First, macro economic policies should pivot from over-emphasis on investment to both consumption and investment, with more focus on consumption. Second, the relationship between government and market should be handled in a more appropriate manner, which calls for a scientific management and balance of the boundaries between government and market, and an enhanced pertinence as well as targetedness of policies regarding market concerns. Third, reform and opening-up will be further deepened to foster a favorable economic environment based on the rule of law and to create a more equitable and vibrant market environment.

    III. The positive role the PBOC plays in serving high-quality development of the economy

    The PBOC is both a financial regulator and a supervisory authority of the macro economy. Focused on the primary mandate of serving high-quality development, we will intensify the counter-cyclical adjustments of monetary policies and macro-prudential policies, and enhance the precision and effectiveness of financial support policies, so as to create a sound monetary and financial environment for the stable growth and structural adjustments of the economy. We will steadily advance the financial opening-up at a high level and strike the right balance of the economy.

    First, we will further improve the monetary policy framework. I elaborated on the framework in Lujiazui Forum in June. Today, I would like to emphasize the following points. In terms of policy objectives, we will take reasonable prices rise as an important consideration, and give a bigger role to price-based policy tools, such as interest rate. In terms of policy implementation, we will enrich the monetary policy toolbox on an ongoing basis, make good use of structural monetary policy tools, and gradually increase transactions of government bonds in open market operations. The PBOC and the Ministry of Finance (MOF) have established a joint working group, and relevant institutional arrangements will be improved continuously. In terms of policy transmission, we will continue to enhance the transparency of monetary policies, improve the independent pricing capabilities of financial institutions, and heighten consistency with fiscal policies, industrial policies, and regulatory policies, in a bid to achieve a more efficient transmission of monetary policies.

    Second, we will provide more adaptive and targeted financial services to support economic restructuring and rebalancing. We will further intensify the macro credit management, continue to promote technology finance, green finance, inclusive finance, old-age finance and digital finance, and step up efforts to provide prime financial services for major national strategies, key areas and weak links. We will continue to build a financial market that is well-regulated, transparent, open, dynamic and resilient, and support developing diversified financing channels.

    The high-quality development is inseparable from sci-tech innovation. Modern sci-tech innovation projects are characterized by long investment cycle, huge investment, high risk and uncertainty. They call for diversified financial services. In particular, enterprises in seed stage and start-ups are highly reliant on equity financing. Therefore, active private equity investments (PEs) and venture capitals (VCs) are very important market participants. The PBOC will strengthen communication and cooperation with relevant authorities, improve the financial policies supporting sci-tech innovation, cultivate a financial market ecology that is conducive to sci-tech innovation, so as to continuously enhance the capacity, intensity and quality of financial support for sci-tech innovation.

    Third, we will improve the macro-prudential framework and the mechanism for systemic financial risk prevention and resolution. From a macro perspective, we will maintain a right balance between economic growth, economic restructuring and financial risk prevention, improve the system of risk monitoring, early warning and resolution, and enhance the financial stability guarantee system. We will closely watch the economic and financial performance, make timely counter-cyclical adjustments, and preemptively forestall and defuse systemic financial risks.

    Fourth, we will build a new and open financial system at a higher level. We will steadily expand the institutional opening-up of financial services and financial markets, expand the connectivity between domestic and overseas financial markets, facilitate trade, investment and financing. In line with the market-driven principle and based on the independent decision-making of market participants, we will make steady and solid progress in advancing RMB internationalization. We will take an active part in global economic and financial governance and cooperation, and promote the balanced and sustainable economic development of China and the world as a whole.

    Last but not least, I’d like to wish this forum a complete success! Thank you!

    MIL OSI Global Banks –

    January 25, 2025
  • MIL-OSI: Flywire Survey Uncovers Increasing Demand for Flexible, Patient-Centric Payment Solutions in U.S. Healthcare

    Source: GlobeNewswire (MIL-OSI)

    80% of respondents said they want the ability to pay for a medical bill in installments or as part of a payment plan

    60% cannot afford to pay for an unexpected illness or injury in one lump sum

    Additional Flywire research shows improving the patient payment experience can boost a hospital’s bottom line

    BOSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, has released its new report, Is Paying for Healthcare Consumer Friendly Yet? examining the topic of healthcare affordability and accessibility among patients in the U.S. The research highlights a significant disconnect between patient expectations and current billing practices in U.S. healthcare, and uncovers opportunities for healthcare providers to both improve the patient payment experience and increase collections.

    “Our research found that patients want medical statements that are easier to understand, the ability to pay bills securely online, and they want to pay in installments of longer than 12 months to better manage the high cost of healthcare,” said John Talaga, EVP and GM of Healthcare, Flywire. “By meeting these demands, hospitals and health systems can not only boost patient satisfaction but also protect the financial health of their organization, as we know that patients satisfied with the financial aspect of their care are more likely to pay their bill, return for service and refer their friends. Flywire helps providers engage patients at every stage of the financial journey, with easy to understand, affordable payment options – streamlining the collections process, while helping patients feel more in control of their medical expenses.”

    Patients Are Stressed About High and Unexpected Medical Costs

    With 89% of Americans concerned about rising medical costs, it’s no surprise that understanding bills has become a top priority for patients. 75% of those surveyed said medical bills are too complicated, up from 65% in 2021. Patients are also stressed about unexpected medical bills that may loom in the future: 60% of those surveyed said they cannot afford to pay for an unexpected illness or injury in one lump sum, which increased from 46% in 2021.

    Patients also emphasized the need for bills to be clearer, with many expressing a desire for simplified, easy-to-read statements that outline charges and payment options more effectively. In fact, nearly everyone surveyed (95%) agreed that there needs to be a better way to simplify and pay for medical bills.

    Patients want payment plans and financing options to help them afford medical bills

    93% say it should be easier to pay their medical bills over time. Those with a child in the household are more likely to say they would want to pay in installments than those without a child in the household (84% vs. 79%).

    81% said they would want to have the ability to pay for a medical expense over time – in installments or as part of a payment plan. Respondents cited both longer terms to pay and financing options as ways to make paying for medical bills more affordable, with 38% saying they would prefer to pay medical bills over 12 or 18 months, and 85% of respondents saying they wish they had consumer-friendly options, like buy-now, pay-later.

    Patients weigh payment security in healthcare payment decisions

    Security remains a top concern for American healthcare patients, with 67% of respondents worried about the potential for healthcare payment data breaches. This concern is exacerbated by the fact that 31% have already received notifications of a breach involving their healthcare or personal information, so it’s no surprise that 59% of patients are more concerned about payment security now than they were a few years ago.

    7 ways Flywire solves patients’ biggest payment concerns and boost health systems’ bottom lines

    Flywire’s solutions are designed to optimize the patient financial experience for health systems throughout the U.S., providing patients with a personalized pathway to pay off their balance that’s fully customized to meet every patient’s unique financial needs. And more data suggests that improving the payment experience is core to protecting the financial health of hospitals and health systems. A separate Total Economic Impact analysis showed that by using Flywire’s patient financial engagement platform, healthcare organizations increased revenue by 29% and reduced bad debt as a percentage of net revenue from 5.5% to 4%. Other Flywire clients have reported to reduce their cost per patient payment by 43%.

    As one client put it:

    “Implementing Flywire has been one of the best decisions we’ve made as an organization, because we have seen it in the feedback from our patients. We see, ‘Thank you for making the statements easy to understand,’ because patients weren’t understanding our statements. And ‘Thank you for having the option to go online and pay and be able to set up payment plans and make arrangements,’” said Sonya Turner, Senior Director Patient Accounting, Centra Healthcare

    Additionally, Flywire helps healthcare systems:

    1. Deliver more payment plan options with personalized payment plans that are tailored to patient financial capacity.

    2. Extend collection terms beyond 12 months with non-recourse, integrated financing.

    3. Provide a single platform for in-house and outsourced payment plans.

    4. Provide a single portal to make payments by integrating with an EHR strategy for a single-sign on experience

    5. Provide a secure way to pay online. Ensure compliance with regulatory and industry standards, such as HIPAA and PCI DSS v 4.0, and more.

    6. Increase self-pay collection

    7. Reduce time spent dealing with accounts receivable.

    To view the complete report, please visit here

    About Flywire

    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,000 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X , LinkedIn and Facebook.

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations regarding the benefits of its solutions to healthcare patients, Flywire’s business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2023, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. Additional factors may be described in those sections of Flywire’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, expected to be filed with the SEC in the fourth quarter of 2024. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Media Contacts

    Sarah King
    media@flywire.com

    Investor Relations Contact:

    Masha Kahn
    IR@Flywire.com

    The MIL Network –

    January 25, 2025
  • MIL-OSI Asia-Pac: Economic, trade policies explained

    Source: Hong Kong Information Services

    Secretary for Commerce & Economic Development Algernon Yau today briefed members of the Trade & Industry Advisory Board on major initiatives related to economic and trade developments in the 2024 Policy Address.

    Mr Yau said that the Policy Address announced a series of initiatives, including a reduction of the duty rate for liquor, to create new impetus for Hong Kong’s economic development.

    Currently, the import prices of about 85% of duty-paid liquor in Hong Kong stand at $200 or below, meaning that such products will not benefit from the duty reduction.

    The commerce chief pointed out that this can avoid providing an incentive for citizens to increase liquor consumption as a result of the duty deduction, adding that the proposal has struck a balance between various policy considerations such as facilitating high-end liquor trade, maintaining healthy public finances and safeguarding public health.

    Mr Yau also briefed the members on the proposal introduced in the Policy Address to build a high value-added supply chain service centre.

    He noted that Invest Hong Kong and the Trade Development Council will set up a mechanism and enhance their interfaces for attracting Mainland enterprises to establish international or regional headquarters in Hong Kong for managing offshore trading and supply chains, and providing one-stop diversified professional advisory services for enterprises in Hong Kong looking to go global.

    Mr Yau also highlighted that the Policy Address rolled out various support measures for small and medium-sized enterprises (SMEs), including relaunching the principal moratorium arrangement under the SME Financing Guarantee Scheme, as well as raising the maximum indemnity ratio of the Hong Kong Export Credit Insurance Corporation to 95%.

    Separately, the Trade & Industry Department briefed the meeting attendees on the Second Agreement Concerning Amendment to the Mainland & Hong Kong Closer Economic Partnership Arrangement Agreement on Trade in Services (Amendment Agreement II).

    Mr Yau said the series of measures will provide better support for SMEs while further promoting economic and trade developments, thereby enabling the steady advancement of Hong Kong’s economy.

    MIL OSI Asia Pacific News –

    January 25, 2025
  • MIL-OSI United Kingdom: UK, EU and Canada impose new sanctions targeting Myanmar military regime and its associates

    Source: United Kingdom – Executive Government & Departments

    The UK, EU and Canada have announced further sanctions targeting the Myanmar military’s access to military material, equipment and funds.

    • The UK, EU and Canada have announced a further round of sanctions to increase pressure on the Myanmar military regime and its associates.  

    • UK sanctions target entities supplying aviation fuel and equipment to the Myanmar military. August 2024 saw the highest number of airstrikes on record by the Myanmar military, killing dozens of civilians.  

    The UK, EU and Canada have announced further sanctions targeting the Myanmar military’s access to military material, equipment and funds.  

    UK action will help to constrain the Myanmar military’s ability to conduct airstrikes on civilians, which amount to gross human rights violations.  

    The latest round of UK sanctions is against six entities involved either in providing aviation fuel to the Myanmar military or in the supply of restricted goods, including aircraft parts. Today’s announcement bolsters previous sanctions against suppliers of aviation fuel to the military in February and March 2023 and arms dealers in October 2023.  

    The UK will continue to work with partners to restrict the sale and transfer of arms and finance to the Myanmar military. Since the coup, the UK has provided more than £150 million for life-saving humanitarian assistance, healthcare, education and support for civil society and local communities in Myanmar.

    Minister for the Indo-Pacific, Catherine West said:  

    The human rights violations taking place across Myanmar, including airstrikes on civilian infrastructure, by the Myanmar military is unacceptable and the impact on innocent civilians is intolerable. 

    That is why today the UK is announcing fresh sanctions targeting the suppliers of equipment and aviation fuel to the Myanmar military. Alongside the EU and Canada, we are today further constraining the military’s access to funds, equipment and resources. 

    These sanctions will increase pressure on the Myanmar military. The UK remains steadfast in our support for the Myanmar people and their aspirations for a peaceful and democratic future.

    On 1 February 2021, the Myanmar military overthrew the democratically elected government, led by Aung San Suu Kyi, and installed a military regime. Since then, they have used violence and atrocities to maintain power and suppress any opposition voices. Increasingly brutal tactics have been implemented as the military continue to cling on to power, leading to the highest number of airstrikes on record by the Myanmar military this August (2024), killing dozens of civilians. 

    Over 3.4 million people are now displaced from their homes due to the fighting, over 18 million people are in need of humanitarian assistance, and Myanmar is now seeing a proliferation in serious and organised crime. 

    Background  

    Since the coup, the UK has designated 25 individuals and 33 entities under the Myanmar Sanctions Regime. The UK continues to lead international efforts to undermine the regime’s credibility and constrain their access to revenue and arms. 

    Today the UK has sanctioned: 

    1. Asia Sun Group Company Limited – for being owned or controlled by Zaw Min Tun, a Myanmar businessman previously sanctioned by the UK in 2023 for making available economic resources, namely aviation fuel, directly or indirectly to or for the benefit of the Myanmar security forces. 

    2. Swan Energy Company Limited – for being associated with Asia Sun Trading Company Limited and by for making available economic resources (aviation fuel) directly or indirectly to or for the benefit of the Myanmar security forces.  

    3. Myan-Oil Company Limited – for being associated with Asia Sun Trading Company Limited. 

    4. Rich Ray Trading Company Limited – for being associated with Asia Sun Trading Company Limited and by making available economic resources (aviation fuel) directly or indirectly to or for the benefit of the Myanmar security forces. 

    5. Progress Technology Support Company (a.k.a Royal Shune Lei Co) – for being involved in the supply to Myanmar of restricted goods or restricted technology or of material related to such goods or technology.  

    6. King Royal Technologies Company Limited- for being involved in the supply to Myanmar of goods or technology which could contribute to a serious human rights violation or abuse.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 29 October 2024

    MIL OSI United Kingdom –

    January 25, 2025
  • MIL-OSI Europe: President Meloni attends Italy-Libya Business Forum in Tripoli

    Source: Government of Italy (English)

    The President of the Council of Ministers, Giorgia Meloni, travelled to Tripoli today to participate in the first Italy-Libya Business Forum to be held in Libya for over ten years.

    The Business Forum gathered together high-level representatives from the Italian and Libyan business communities, and was structured across four sector-specific working groups dedicated to: energy; fishing and agro-industry; healthcare and pharmaceuticals; and, infrastructure and design. There was also a session focusing on the forms of public support available to Italian companies intending to do business in Libya provided by ICE [Italian Trade and Investment Agency], SACE [Italian Export Credit Agency] and SIMEST.

    During her opening address, the President of the Council of Ministers, who was accompanied by Minister of Enterprises and Made in Italy Adolfo Urso, announced that ITA Airways would be resuming direct flights to Libya in January next year, testifying to the gradual and steady strengthening of cooperation between the two nations.

    In the margins of the Business Forum, President Meloni had a bilateral meeting with the Prime Minister of the Libyan Government of National Unity, Abdul Hamid Dabaiba.
    Their discussion focused on the various areas of the continuously growing bilateral cooperation. Among the sectors in which Italy and Libya collaborate, the two leaders addressed the issue of migration management, in relation to which President Meloni stressed the need to intensify efforts to combat human trafficking at the same time as boosting cooperation with nations of origin and of transit, in the context of the Rome Process and the Trans-Mediterranean Migration Forum which was held in Tripoli in July.

    In closing, there was also unanimous agreement to work together with the goal of creating equal partnerships with African nations within the framework of the concrete projects launched as part of the Mattei Plan for Africa.

    [This video is available in Italian only]

    MIL OSI Europe News –

    January 25, 2025
  • MIL-OSI Economics: Trade finance resilience and low credit risk persist amid global challenges, confirms ICC 

    Source: International Chamber of Commerce

    Headline: Trade finance resilience and low credit risk persist amid global challenges, confirms ICC 

    The International Chamber of Commerce (ICC), along with partners Global Credit Data (GCD) and Boston Consulting Group (BCG), has released its 2024 Trade Register Report, reaffirming the resilience of trade finance instruments and the continued low credit risk across products despite ongoing geopolitical and economic challenges . 

    The 2024 report confirms that trade, supply chain and export finance continue to exhibit low risk, with default rates remaining low across all regions and asset classes overall. When defaults do occur, they are generally idiosyncratic, stemming from well-known commercial, geopolitical or macroeconomic factors. As global trade faces ongoing geopolitical and economic pressures, these financial products continue to serve as vital tools for mitigating risk and maintaining liquidity, supporting the stability of trade flows. 

    The ICC Trade Register remains the leading, authoritative global source on credit risk and broader market dynamics in trade and supply chain finance. Its data set represents nearly a quarter of all global trade finance transactions. This 2024 edition includes extended market insights and data on global trade and trade finance. New features include insights from ICC and BCG’s practitioner survey on key trends and opportunities in trade and supply chain finance as well as a comprehensive data pack with analysis on credit risk in trade finance, available for member banks or for separate purchase through ICC.  

    This year, ICC and GCD demonstrated the value of high-quality, representative data in shaping trade finance regulations through their contributions to emerging regulation on Basel III capital treatment. Krishan Ramadurai, outgoing Chair of the ICC Trade Register Project, encourages more banks to participate in the project and says that more data will only reinforce the point that trade finance is a low default asset class.  

    The ICC Trade Register continues to look beyond credit risk, with detailed analysis on market trends and competitive dynamics across the trade and supply chain finance market.  

    Ravi Hanspal, Partner at BCG, said: 

    “Despite ongoing headwinds, we are seeing the trade and supply chain finance market continue to evolve rapidly. Banks are observing that customers are now prioritising leading service and digital capabilities more than ever, driving a step-change in investment by banks in technology to accelerate seamless trade.” 

    Marilyn Blattner-Hoyle, Global Head of Trade Finance and Working Capital Solutions at Swiss Reinsurance Company, said:  

    “ICC’s Trade Register and its deep data over many cycles is perhaps the most critical publication in the trade industry. The Register’s role in sharing quantitative and qualitative statistics underpins the power of trade as well as the stability of trade-related credit risks. It helps us to get comfortable insuring more trade with our bank clients, thus making trade and the world more resilient together. We use the Register in our actuarial assessments as well as our internal/external advocacy. We are proud to be the first insurance sponsor of the publication, affirming the important role of insurance in the global trade ecosystem.” 

    Christian Hausherr, Product Manager for SCF at Deutsche Bank and member of ICC Trade Register Steering Committee, said:  

    “In its thirteenth year after being established, the ICC Trade Register proves its relevance and importance to the trade finance community. Since then, the data approach as well as the scope of the Trade Register have been materially enhanced by the team managing the publication process on an annual basis. As of today, the Trade Register offers unique insights not only into trade finance risk, but also provides valuable macro-economic insights to its readers.” 

    ICC Policy Manager Tomasch Kubiak thanks member banks for their ongoing contributions.

    “ICC is very appreciative of all the efforts member banks are putting in yet again for an enhanced version of the ICC Trade Register. This year’s project provides a full insight into meaningful trends in global trade finance as well as complete data collected from our members, which is now available on demand,”  

    he said.

    Read or purchase the full ICC Trade Register Report. 

    MIL OSI Economics –

    January 25, 2025
  • MIL-OSI Africa: Brics+ could shape a new world order, but it lacks shared values and a unified identity

    Source: The Conversation – Africa – By Anthoni van Nieuwkerk, Professor of International and Diplomacy Studies, Thabo Mbeki African School of Public and International Affairs, University of South Africa

    The last two summits of Brics countries have raised questions about the coalition’s identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia.

    At both events the alliance undertook to expand its membership. In 2023, the first five Brics members – Brazil, Russia, India, China and South Africa – invited Iran, Egypt, Ethiopia, Saudi Arabia and the United Arab Emirates to join. All bar Saudi Arabia have now done so. The 2024 summit pledged to admit 13 more, perhaps as associates or “partner countries”.

    On paper, the nine-member Brics+ strikes a powerful pose. It has a combined population of about 3.5 billion, or 45% of the world’s people. Combined, its economies are worth more than US$28.5 trillion – about 28% of the global economy. With Iran, Saudi Arabia and the UAE as members, Brics+ produces about 44% of the world’s crude oil.

    Based on my research and policy advice to African foreign policy decision-makers, I would argue that there are three possible interpretations of the purpose of Brics+.

    • A club of self-interested members – a kind of global south cooperative. What I’d label as a self-help organisation.

    • A reforming bloc with a more ambitious goal of improving the workings of the current global order.

    • A disrupter, preparing to replace the western-dominated liberal world order.

    Analysing the commitments that were made at the meeting in Russia, I would argue that Brics+ sees itself more as a self-interested reformer. It represents the thinking among global south leaders about the nature of global order, and the possibilities of shaping a new order. This, as the world moves away from the financially dominant, yet declining western order (in terms of moral influence) led by the US. The move is to a multipolar order in which the east plays a leading role.


    Read more: Russia’s Brics summit shows determination for a new world order – but internal rifts will buy the west some time


    However, the ability of Brics+ to exploit such possibilities is constrained by its make-up and internal inconsistencies. These include a contested identity, incongruous values and lack of resources to convert political commitments into actionable plans.

    Summit outcomes

    The trend towards closer trade and financial cooperation and coordination stands out as a major achievement of the Kazan summit. Other achievements pertain to global governance and counter-terrorism.

    When it comes to trade and finance, the final communiqué said the following had been agreed:

    • adoption of local currencies in trade and financial transactions. The Kazan Declaration notes the benefits of faster, low cost, more efficient, transparent, safe and inclusive cross-border payment instruments. The guiding principle would be minimal trade barriers and non-discriminatory access.

    • establishment of a cross-border payment system. The declaration encourages correspondent banking networks within Brics, and enabling settlements in local currencies in line with the Brics Cross-Border Payments Initiative. This is voluntary and nonbinding and is to be discussed further.

    • creation of an enhanced roles for the New Development Bank, such as promoting infrastructure and sustainable development.

    • a proposed Brics Grain Exchange, to improve food security through enhanced trade in agricultural commodities.

    All nine Brics+ countries committed themselves to the principles of the UN Charter – peace and security, human rights, the rule of law, and development – primarily as a response to the western unilateral sanctions.


    Read more: South Africa walks a tightrope of international alliances – it needs Russia, China and the west


    The summit emphasised that dialogue and diplomacy should prevail over conflict in, among other places, the Middle East, Sudan, Haiti and Afghanistan.

    Faultlines and tensions

    Despite the positive tone of the Kazan declaration, there are serious structural fault lines and tensions inherent in the architecture and behaviour of Brics+. These might limit its ambitions to be a meaningful change agent.

    The members don’t even agree on the definition of Brics+. President Cyril Ramaphosa of South Africa calls it a platform. Others talk of a group (Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi) or a family (Chinese foreign ministry spokesperson Lin Jianan).

    So what could it be?

    Brics+ is state-driven – with civil society on the margins. It reminds one of the African Union, which pays lip service to citizens’ engagement in decision-making.

    One possibility is that it will evolve into an intergovernmental organisation with a constitution that sets up its agencies, functions and purposes. Examples include the World Health Organization, the African Development Bank and the UN general assembly.

    But it would need to cohere around shared values. What would they be?

    Critics point out that Brics+ consists of democracies (South Africa, Brazil, India), a theocracy (Iran), monarchies (UAE, Saudi Arabia) and authoritarian dictatorships (China, Russia). For South Africa this creates a domestic headache. At the Kazan summit, its president declared Russia a friend and ally. At home, its coalition partner in the government of national unity, the Democratic Alliance, declared Ukraine as a friend and ally.


    Read more: When two elephants fight: how the global south uses non-alignment to avoid great power rivalries


    There are also marked differences over issues such as the reform of the United Nations. For example, at the recent UN Summit of the Future the consensus was for reform of the UN security council. But will China and Russia, as permanent security council members, agree to more seats, with veto rights, on the council?

    As for violent conflict, humanitarian crises, corruption and crime, there is little from the Kazan summit that suggests agreement around action.

    Unity of purpose

    What about shared interests? A number of Brics+ members and the partner countries maintain close trade ties with the west, which regards Russia and Iran as enemies and China as a global threat.

    Some, such as India and South Africa, use the foreign policy notions of strategic ambiguity or active non-alignment to mask the reality of trading with east, west, north and south.

    The harsh truth of international relations is there are no permanent friends or enemies, only permanent interests. The Brics+ alliance will most likely cohere as a global south co-operative, with an innovative self-help agenda, but be reluctant to overturn the current global order from which it desires to benefit more equitably.

    Trade-offs and compromises might be necessary to ensure “unity of purpose”. It’s not clear that this loose alliance is close to being able to achieve that.

    – Brics+ could shape a new world order, but it lacks shared values and a unified identity
    – https://theconversation.com/brics-could-shape-a-new-world-order-but-it-lacks-shared-values-and-a-unified-identity-242308

    MIL OSI Africa –

    January 25, 2025
  • MIL-OSI: Coco Pool Corp. and Viridian Metals Corp. Announce TSXV Conditional Acceptance and Filing of Filing Statement for Their Qualifying Transaction

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. news wire services or for dissemination in the United States

    VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) — Coco Pool Corp. (“Coco”) (TSXV: CCPC.P), a capital pool company, is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (“TSXV”) for the closing of its proposed amalgamation transaction with Viridian Metals Corp. (“Viridian”) which transaction (the “Transaction”) is intended to constitute Coco’s Qualifying Transaction (within the meaning of Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (the “Exchange”).

    Coco has filed a filing statement that is dated effective October 28, 2024 (the “Filing Statement”) and certain additional documents, including a 43-101 Technical Report on Viridian’s Kraken Project with the TSXV and on Coco’s SEDAR+ profile at www.sedarplus.ca.

    Further to its comprehensive news release dated August 2, 2024, Coco will acquire Viridian by way of a three cornered amalgamation of Coco, 16217494 Canada Inc., a wholly owned subsidiary of Coco, and Viridian under the Canada Business Corporations Act. In connection with the Qualifying Transaction, Coco will change its name to Viridian Metals Inc. (the “Resulting Issuer”). It is anticipated that the common shares of the Resulting Issuer will trade under the ticker “VRDN”.

    All details of the Transaction as disclosed in Coco’s comprehensive news release dated August 2, 2024 remain the same other than Viridian is currently conducting an additional non-brokered private placement (the “Viridian Private Placement”) of between 714,286 and 1,428,571 units of Viridian (“Viridian Units”), at a price of $0.35 per Viridian Unit for aggregate gross proceeds of a minimum of $250,000 and a maximum $500,000. Each Viridian Unit is comprised of one common share of Viridian (each a “Viridian Share”) and one half of one common share purchase warrant, with each whole warrant (each a “Viridian Warrant”) entitling the holder thereof to acquire one Viridian Share at a price of $0.45 for a period of 60 months from the date of issuance.

    “Receiving conditional approval for our TSXV listing marks an important step in Viridian’s growth strategy. We are excited about the future as we move closer to unlocking the potential of our assets and bringing value to our shareholders. We look forward to continuing our journey as a publicly traded company on such a respected exchange,” said Tyrell Sutherland, CEO, Viridian Metals.

    The Viridian Private Placement is expected to close prior to the completion of the Transaction and the Viridian Shares and Viridian Warrants comprising the Viridian Units will be exchanged for common shares and common share purchase warrants of the Resulting Issuer, as applicable, pursuant to the terms of the amalgamation agreement entered into between the parties as described in the Filing Statement. The closing of the Viridian Private Placement is a condition precedent to the closing of the Transaction.

    It is now currently anticipated that, immediately prior to the closing of the Transaction, there will be approximately between 46,619,224 and 47,333,509 Viridian Shares issued and outstanding (including Viridian Shares issued pursuant to the Viridian Private Placement) and between 9,022,081 and 9,379,224 Viridian Warrants issued and outstanding (including Viridian Shares issued pursuant to the Viridian Private Placement). The value of the consideration for the Viridian Shares pursuant to the Transaction is between $12,120,998.20 (assuming completion of the minimum amount of the Viridian Private Placement) and $12,306,712.30 (assuming completion of the maximum amount of the Viridian Private Placement).

    The fully diluted capitalization of the Resulting Issuer is expected to be as follows:

    Description of Issue Number of Resulting Issuer Shares After Giving Effect to the Transaction Assuming Minimum Viridian Private Placement Percentage of Total Number of Resulting Issuer Shares After Giving Effect to the Transaction Assuming Maximum Viridian Private Placement

    Percentage of Total

    Outstanding Coco Consolidated Shares prior to the Amalgamation 2,852,000 4.84% 2,852,000 4.75%
    Issuable to the Viridian Shareholders 46,619,224 79.13% 47,333,509 78.91%
    Issuable on the exercise of existing Coco stock Options 285,196 0.48% 285,196 0.48%
    Issuable on the exercise of existing Coco Warrants 138,000 0.23% 138,000 0.23%
    Issuable on the exercise of Viridian Warrants 9,022,081 15.31% 9,379,224 15.64%
    Fully diluted share capital 58,916,501 100.00% 59,987,929 100.00%

    Additional information in respect of the Transaction, Coco, Viridian and the Resulting Issuer can be found in the Filing Statement. In accordance with the policies of the TSXV, Coco’s common shares are currently halted from trading and will remain so until such time as required by TSXV policies.

    Coco Shareholder Meeting

    Coco was required to hold a meeting to seek approval of the shareholders of Coco (the “Coco Shareholders”) of certain matters in respect of the Transaction.

    Coco held its annual general and special meeting on September 12, 2024 where, along with resolutions commonly placed before shareholders at an annual general meeting, the Coco Shareholders approved, conditional upon the completion of the Transaction:

    (ii) the name change of Coco to “Viridian Metals Inc.”;
    (iii) the consolidation of the common shares of Coco on the basis of 0.46 of a post consolidation common share for each pre consolidation common share;
    (iv) the election of directors of the Resulting Issuer following the closing of the Transaction as agreed between Viridian and Coco and as set out in the Filing Statement; and
    (v)  the adoption of a new omnibus equity incentive plan of the Resulting Issuer.

    The completion of the Transaction is subject to a number of conditions including, but not limited to, the required approvals of the shareholders of Viridian, receipt of all required regulatory approvals, including final Exchange approval, and satisfaction of other customary closing conditions. Assuming all conditions for closing are satisfied, closing of the Transaction is expected to occur on or about November 4, 2024 or such other date as Coco and Viridian may determine.

    Further Information

    Coco will provide further details in respect of the Transaction in due course by way of a subsequent news release, however, Coco will make available to the Exchange, all information, including financial information, as may be requested or required by the Exchange.

    For further information, please contact:

    All information contained in this news release with respect to Coco and Viridian was supplied by the respective party, for inclusion herein, without independent review by the other party, and each party and its directors and officers have relied on the other party for any information concerning the other party.

    Completion of the Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

    Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

    The TSX Venture Exchange has not in any way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this news release.

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

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    Cautionary Statement Regarding Forward Looking Information

    This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Coco and Viridian with respect to future business activities and operating performance.

    Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) expectations regarding whether the Transaction will be consummated, including whether conditions to the consummation of the Transaction will be satisfied including, but not limited to, the necessary regulatory approvals and the timing associated with obtaining such approvals, if at all; (ii) the business plans and expectations of the Resulting Issuer; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Viridian, Coco or the Resulting Issuer, as applicable, to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Viridian, Coco and the Resulting Issuer, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    Investors are cautioned that forward-looking information is not based on historical facts but instead reflect Viridian and Coco’s respective management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects Viridian’s and Coco’s current beliefs and is based on information currently available to Viridian and Coco and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to:, Viridian, Coco or the Resulting Issuer; completion of the Transaction; satisfying the conditions precedent and covenants in the Amalgamation Agreement; satisfying the requirements of the Exchange with respect to the Transaction; meeting the minimum listing requirements of the Exchange, and anticipated and unanticipated costs and other factors referenced in this news release and the Filing Statement, including, but not limited to, those set forth in the Filing Statement under the caption “Risk Factors”. Although Viridian and Coco have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release and, other than as required by law, Viridian and Coco disclaim any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

    Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Viridian and Coco have attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Viridian and Coco do not intend, and do not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

    The MIL Network –

    January 25, 2025
  • MIL-OSI Global: Brics+ could shape a new world order, but it lacks shared values and a unified identity

    Source: The Conversation – Africa – By Anthoni van Nieuwkerk, Professor of International and Diplomacy Studies, Thabo Mbeki African School of Public and International Affairs, University of South Africa

    The last two summits of Brics countries have raised questions about the coalition’s identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia.

    At both events the alliance undertook to expand its membership. In 2023, the first five Brics members – Brazil, Russia, India, China and South Africa – invited Iran, Egypt, Ethiopia, Saudi Arabia and the United Arab Emirates to join. All bar Saudi Arabia have now done so. The 2024 summit pledged to admit 13 more, perhaps as associates or “partner countries”.

    On paper, the nine-member Brics+ strikes a powerful pose. It has a combined population of about 3.5 billion, or 45% of the world’s people. Combined, its economies are worth more than US$28.5 trillion – about 28% of the global economy. With Iran, Saudi Arabia and the UAE as members, Brics+ produces about 44% of the world’s crude oil.

    Based on my research and policy advice to African foreign policy decision-makers, I would argue that there are three possible interpretations of the purpose of Brics+.

    • A club of self-interested members – a kind of global south cooperative. What I’d label as a self-help organisation.

    • A reforming bloc with a more ambitious goal of improving the workings of the current global order.

    • A disrupter, preparing to replace the western-dominated liberal world order.

    Analysing the commitments that were made at the meeting in Russia, I would argue that Brics+ sees itself more as a self-interested reformer. It represents the thinking among global south leaders about the nature of global order, and the possibilities of shaping a new order. This, as the world moves away from the financially dominant, yet declining western order (in terms of moral influence) led by the US. The move is to a multipolar order in which the east plays a leading role.




    Read more:
    Russia’s Brics summit shows determination for a new world order – but internal rifts will buy the west some time


    However, the ability of Brics+ to exploit such possibilities is constrained by its make-up and internal inconsistencies. These include a contested identity, incongruous values and lack of resources to convert political commitments into actionable plans.

    Summit outcomes

    The trend towards closer trade and financial cooperation and coordination stands out as a major achievement of the Kazan summit. Other achievements pertain to global governance and counter-terrorism.

    When it comes to trade and finance, the final communiqué said the following had been agreed:

    • adoption of local currencies in trade and financial transactions. The Kazan Declaration notes the benefits of faster, low cost, more efficient, transparent, safe and inclusive cross-border payment instruments. The guiding principle would be minimal trade barriers and non-discriminatory access.

    • establishment of a cross-border payment system. The declaration encourages correspondent banking networks within Brics, and enabling settlements in local currencies in line with the Brics Cross-Border Payments Initiative. This is voluntary and nonbinding and is to be discussed further.

    • creation of an enhanced roles for the New Development Bank, such as promoting infrastructure and sustainable development.

    • a proposed Brics Grain Exchange, to improve food security through enhanced trade in agricultural commodities.

    All nine Brics+ countries committed themselves to the principles of the UN Charter – peace and security, human rights, the rule of law, and development – primarily as a response to the western unilateral sanctions.




    Read more:
    South Africa walks a tightrope of international alliances – it needs Russia, China and the west


    The summit emphasised that dialogue and diplomacy should prevail over conflict in, among other places, the Middle East, Sudan, Haiti and Afghanistan.

    Faultlines and tensions

    Despite the positive tone of the Kazan declaration, there are serious structural fault lines and tensions inherent in the architecture and behaviour of Brics+. These might limit its ambitions to be a meaningful change agent.

    The members don’t even agree on the definition of Brics+. President Cyril Ramaphosa of South Africa calls it a platform. Others talk of a group (Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi) or a family (Chinese foreign ministry spokesperson Lin Jianan).

    So what could it be?

    Brics+ is state-driven – with civil society on the margins. It reminds one of the African Union, which pays lip service to citizens’ engagement in decision-making.

    One possibility is that it will evolve into an intergovernmental organisation with a constitution that sets up its agencies, functions and purposes. Examples include the World Health Organization, the African Development Bank and the UN general assembly.

    But it would need to cohere around shared values. What would they be?

    Critics point out that Brics+ consists of democracies (South Africa, Brazil, India), a theocracy (Iran), monarchies (UAE, Saudi Arabia) and authoritarian dictatorships (China, Russia). For South Africa this creates a domestic headache. At the Kazan summit, its president declared Russia a friend and ally. At home, its coalition partner in the government of national unity, the Democratic Alliance, declared Ukraine as a friend and ally.




    Read more:
    When two elephants fight: how the global south uses non-alignment to avoid great power rivalries


    There are also marked differences over issues such as the reform of the United Nations. For example, at the recent UN Summit of the Future the consensus was for reform of the UN security council. But will China and Russia, as permanent security council members, agree to more seats, with veto rights, on the council?

    As for violent conflict, humanitarian crises, corruption and crime, there is little from the Kazan summit that suggests agreement around action.

    Unity of purpose

    What about shared interests? A number of Brics+ members and the partner countries maintain close trade ties with the west, which regards Russia and Iran as enemies and China as a global threat.

    Some, such as India and South Africa, use the foreign policy notions of strategic ambiguity or active non-alignment to mask the reality of trading with east, west, north and south.

    The harsh truth of international relations is there are no permanent friends or enemies, only permanent interests. The Brics+ alliance will most likely cohere as a global south co-operative, with an innovative self-help agenda, but be reluctant to overturn the current global order from which it desires to benefit more equitably.

    Trade-offs and compromises might be necessary to ensure “unity of purpose”. It’s not clear that this loose alliance is close to being able to achieve that.

    Anthoni van Nieuwkerk 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. Brics+ could shape a new world order, but it lacks shared values and a unified identity – https://theconversation.com/brics-could-shape-a-new-world-order-but-it-lacks-shared-values-and-a-unified-identity-242308

    MIL OSI – Global Reports –

    January 25, 2025
  • MIL-OSI USA: Murphy Op-Ed For The Financial Times: Breaking Up Concentrated Economic Power Must Be A Foreign Policy Priority

    US Senate News:

    Source: United States Senator for Connecticut – Chris Murphy

    October 29, 2024

    WASHINGTON—U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Foreign Relations Committee, on Tuesday authored an op-ed for the Financial Times arguing that American foreign and domestic policies must align to break up concentrated economic power and revitalize local communities. Pointing to the Biden-Harris administration’s work to break up corporate monopolies, rebuild local economies, and create a new industrial policy, Murphy called for America’s foreign policy to be similarly reshaped.

    Murphy described how the Biden-Harris Administration’s decision at the World Trade Organization to block new data transit rules reflects a larger effort to combat the consequences of neoliberalism: “They saw the negotiations through the prism of America’s twin crises of alienation and the concentration of economic power. While all the key economic indicators point to a country that has bounced back from the pandemic, rates of addiction, self-harm and political extremism continue to rise as more Americans report feeling unhappy and disconnected from their communities. This alienation is the wreckage left in the wake of a half century of shared, bipartisan faith in economic neoliberalism — the doctrine that unrestricted free trade and market forces would best uphold the public good. The unchecked gobbling up of economic power by a few large corporations has left us with broken supply chains and uncompetitive markets.”

    Murphy underscored the need for a post-neoliberal foreign policy that aims to break up concentrated global economic power, protect fair trade, and breathe life back into local communities: “Trade agreements should be put to a simple test: will the terms concentrate or distribute private economic power? When new rules clearly give large global companies too much power over workers and citizens in individual nation states, then the answer must be to rewrite or reject them, as demonstrated by Tai. A post-neoliberal foreign policy must also challenge the ability of state-run economies to rig the rules of the global marketplace. Too often US foreign policy is focused on military threats. Yes, China and Russia present conventional military threats to global order; but America must expend equal effort on confronting our adversaries’ growing economic influence. This should involve speeding up renewable energy adoption to weaken the power of Russia and other petro-dictatorships and continued work to contest Chinese dominance of critical supply chains for products such as solar panels or advanced batteries.”

    “Our foreign policy must also buttress growing bipartisan efforts to create a new industrial and commercial approach rooted in localism,” Murphy continued. “Americans do not want to be part of a homogenized, flattened global economy. They want vibrant local economies where worker power is prioritized over shareholder power, community wellness prevails over the cult of efficiency, and values such as generosity and fairness matter more than greed and excess. Through carefully constructed tariffs and subsidies for domestic manufacturing and research and development, foreign and trade policy can be the vehicle for this change.”

    Murphy concluded: “Americans will continue to lose faith in their country’s democracy if we do not marry foreign and domestic policy in an effort to prioritize the common good over shameless profit-seeking. That decision at the WTO to rethink global data rules offers proof that the Biden-Harris administration understands the scale of the crisis the America faces and that it has laid the foundations of a coherent way forward for US foreign policy. The next generation of national security leaders must now build on and finish this work.”

    Read the full op-ed here.

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Banking: Apple’s new Mac mini is more mighty, more mini, and built for Apple Intelligence

    Source: Apple

    Headline: Apple’s new Mac mini is more mighty, more mini, and built for Apple Intelligence

    October 29, 2024

    PRESS RELEASE

    Apple’s all-new Mac mini is more mighty, more mini, and built for Apple Intelligence

    The compact, do-it-all desktop now features the power of M4 and M4 Pro, and marks an important environmental milestone as the first carbon neutral Mac

    CUPERTINO, CALIFORNIA Apple today unveiled the all-new Mac mini powered by the M4 and new M4 Pro chips, and redesigned around Apple silicon to pack an incredible amount of performance into an even smaller form of just 5 by 5 inches. With M4, Mac mini delivers up to 1.8x faster CPU performance and 2.2x faster GPU performance over the M1 model.1 With M4 Pro, it takes the advanced technologies in M4 and scales them up to tackle even more demanding workloads. For more convenient connectivity, it features front and back ports, and for the first time includes Thunderbolt 5 for faster data transfer speeds on the M4 Pro model. The new Mac mini is also built for Apple Intelligence, the personal intelligence system that transforms how users work, communicate, and express themselves while protecting their privacy. And marking an important environmental milestone, Mac mini is Apple’s first carbon neutral Mac with an over 80 percent reduction in greenhouse gas emissions across its materials, manufacturing, transportation, and customer use.2 Starting at just $599 with 16GB of memory, the new Mac mini is available to pre-order today, with availability beginning November 8.

    “The new Mac mini delivers gigantic performance in an unbelievably small design thanks to the power efficiency of Apple silicon and an innovative new thermal architecture,” said John Ternus, Apple’s senior vice president of Hardware Engineering. “Combined with the performance of M4 and the new M4 Pro chip, enhanced connectivity on both the front and back, and the arrival of Apple Intelligence, Mac mini is more capable and versatile than ever, and there is nothing else like it.”

    Small, but Fierce

    The new Mac mini footprint is less than half the size of the previous design at just 5 by 5 inches, so it takes up much less space on a desk. The super-compact system is enabled by the incredible power efficiency of Apple silicon and an innovative thermal architecture, which guides air to different levels of the system, while all venting is done through the foot.

    When compared to the best-selling PC desktop in its price range, Mac mini is up to 6x faster at one-twentieth the size.1 For a wide range of users, from students to aspiring creatives and small business owners, the Mac mini with M4 is a tiny powerhouse. Mac mini with M4 features a 10-core CPU, 10-core GPU, and now starts with 16GB of unified memory. Users will feel the performance of M4 in everything they do, from multitasking across everyday productivity apps to creative projects like video editing, music production, or writing and compiling code.

    When compared to the Mac mini with Intel Core i7, Mac mini with M4:

    • Applies up to 2.8x more audio effect plugins in a Logic Pro project.1
    • Delivers up to 13.3x faster gaming performance in World of Warcraft: The War Within.1
    • Enhances photos with up to 33x faster image upscaling performance in Photomator.3

    When compared to the Mac mini with M1, Mac mini with M4:

    • Performs spreadsheet calculations up to 1.7x faster in Microsoft Excel.1
    • Transcribes with on-device AI speech-to-text up to 2x faster in MacWhisper.1
    • Merges panoramic images up to 4.9x faster in Adobe Lightroom Classic.4

    Introducing M4 Pro for Pro-Level Performance 

    For users who want pro-level performance, Mac mini with M4 Pro features the world’s fastest CPU core5 with lightning-fast single-threaded performance. With up to 14 cores, including 10 performance cores and four efficiency cores, M4 Pro also provides phenomenal multithreaded performance. With up to 20 cores, the M4 Pro GPU is up to twice as powerful as the GPU in M4, and both chips bring hardware-accelerated ray tracing to the Mac mini for the first time. The Neural Engine in M4 Pro is also over 3x faster than in Mac mini with M1, so on-device Apple Intelligence models run at blazing speed. M4 Pro supports up to 64GB of unified memory and 273GB/s of memory bandwidth — twice as much bandwidth as any AI PC chip — for accelerating AI workloads. And M4 Pro supports Thunderbolt 5, which delivers up to 120 Gb/s data transfer speeds on Mac mini, and more than doubles the throughput of Thunderbolt 4.

    When compared to the Mac mini with Intel Core i7, Mac mini with M4 Pro:

    • Performs spreadsheet calculations up to 4x faster in Microsoft Excel.1
    • Executes scene-edit detection up to 9.4x faster in Adobe Premiere Pro.3
    • Transcribes with on-device AI speech-to-text up to 20x faster in MacWhisper.1
    • Processes basecalling for DNA sequencing in Oxford Nanopore MinKNOW up to 26x faster.1

    When compared to the Mac mini with M2 Pro, Mac mini with M4 Pro:

    • Applies up to 1.8x more audio effect plugins in a Logic Pro project.1
    • Renders motion graphics to RAM up to 2x faster in Motion.6
    • Completes 3D renders up to 2.9x faster in Blender.6

    Upgraded Connectivity and Display Support 

    The new Mac mini features a wide array of ports to drive any setup. It includes front-facing ports for more convenient access, including two USB-C ports that support USB 3, and an audio jack with support for high-impedance headphones. On the back, Mac mini with M4 includes three Thunderbolt 4 ports, while Mac mini with M4 Pro features three Thunderbolt 5 ports. Mac mini comes standard with Gigabit Ethernet, configurable up to 10Gb Ethernet for faster networking speeds, and an HDMI port for easy connection to a TV or HDMI display without an adapter. With M4, Mac mini can support up to two 6K displays and up to one 5K display, and with M4 Pro, it can support up to three 6K displays at 60Hz for a total of over 60 million pixels.

    A New Era with Apple Intelligence on the Mac

    Apple Intelligence ushers in a new era for the Mac, bringing personal intelligence to the personal computer. Combining powerful generative models with industry-first privacy protections, Apple Intelligence harnesses the power of Apple silicon and the Neural Engine to unlock new ways for users to work, communicate, and express themselves on Mac. It is available in U.S. English with macOS Sequoia 15.1. With systemwide Writing Tools, users can refine their words by rewriting, proofreading, and summarizing text nearly everywhere they write. With the newly redesigned Siri, users can move fluidly between spoken and typed requests to accelerate tasks throughout their day, and Siri can answer thousands of questions about Mac and other Apple products. New Apple Intelligence features will be available in December, with additional capabilities rolling out in the coming months. Image Playground gives users a new way to create fun original images, and Genmoji allows them to create custom emoji in seconds. Siri will become even more capable, with the ability to take actions across the system and draw on a user’s personal context to deliver intelligence that is tailored to them. In December, ChatGPT will be integrated into Siri and Writing Tools, allowing users to access its expertise without needing to jump between tools.

    Apple Intelligence does all this while protecting users’ privacy at every step. At its core is on-device processing, and for more complex tasks, Private Cloud Compute gives users access to Apple’s even larger, server-based models and offers groundbreaking protections for personal information. In addition, users can access ChatGPT for free without creating an account, and privacy protections are built in — their IP addresses are obscured and OpenAI won’t store requests. For those who choose to connect their account, OpenAI’s data-use policies apply.

    The First Carbon Neutral Mac 

    The new Mac mini is Apple’s first carbon neutral Mac, marking a significant milestone toward Apple 2030, the company’s goal to be carbon neutral across the entire carbon footprint by the end of this decade.

    Mac mini is made with over 50 percent recycled content overall, including 100 percent recycled aluminum in the enclosure, 100 percent recycled gold plating in all Apple-designed printed circuit boards, and 100 percent recycled rare earth elements in all magnets. The electricity used to manufacture Mac mini is sourced from 100 percent renewable electricity. And, to address 100 percent of the electricity customers use to power Mac mini, Apple has invested in clean energy projects around the world. Apple has also prioritized lower-carbon modes of shipping, like ocean freight, to further reduce emissions from transportation. Together, these actions have reduced the carbon footprint of Mac mini by over 80 percent.2 For the small amount of remaining emissions, Apple applies high-quality carbon credits from nature-based projects, like those generated by its innovative Restore Fund.

    In another first for Mac mini, the packaging is now entirely fiber-based, bringing Apple closer to its goal to remove plastic from its packaging by 2025.

    An Unrivaled Experience with macOS Sequoia

    macOS Sequoia completes the new Mac mini experience with a host of exciting features, including iPhone Mirroring, allowing users to wirelessly interact with their iPhone, its apps, and notifications directly from their Mac.7 Safari, the world’s fastest browser,8 now offers the Highlights feature, which quickly pulls up relevant information from a site; a smarter, redesigned Reader with a table of contents and high-level summary; and a new Video Viewer to watch videos without distractions. With Distraction Control, users can hide items on a webpage that they may find disruptive to their browsing. Gaming gets even more immersive with features like Personalized Spatial Audio and improvements to Game Mode, along with a breadth of exciting titles, including the upcoming Assassin’s Creed Shadows. Easier window tiling means users can stay organized with a window layout that works best for them. The all-new Passwords app gives convenient access to passwords, passkeys, and other credentials — all stored in one place. And users can apply new, beautiful built-in backgrounds for video calls, which include a variety of color gradients and system wallpapers, or upload their own photos.

    Pricing and Availability

    • Customers can pre-order the new Mac mini with M4 and M4 Pro starting today, Tuesday, October 29, on apple.com/store and in the Apple Store app in 28 countries and regions, including the U.S. It will start arriving to customers, and in Apple Store locations and Apple Authorized Resellers, beginning Friday, November 8.
    • Mac mini with M4 starts at $599 (U.S.) and $499 (U.S.) for education. Additional technical specifications are available at apple.com/mac-mini.
    • Mac mini with M4 Pro starts at $1,399 (U.S.) and $1,299 (U.S.) for education. Additional technical specifications are available at apple.com/mac-mini.
    • New accessories with USB-C — including Magic Keyboard ($99 U.S.), Magic Keyboard with Touch ID ($149 U.S.), Magic Keyboard with Touch ID and Numeric Keypad ($179 U.S.), Magic Trackpad ($129 U.S.), Magic Mouse ($79 U.S.), and Thunderbolt 5 Pro Cable ($69) — are available at apple.com/store.
    • Apple Intelligence is available now as a free software update for Mac with M1 and later, and can be accessed in most regions around the world when the device and Siri language are set to U.S. English. The first set of features is in beta and available with macOS Sequoia 15.1, with more features rolling out in the months to come.
    • Apple Intelligence is quickly adding support for more languages. In December, Apple Intelligence will add support for localized English in Australia, Canada, Ireland, New Zealand, South Africa, and the U.K., and in April, a software update will deliver expanded language support, with more coming throughout the year. Chinese, English (India), English (Singapore), French, German, Italian, Japanese, Korean, Portuguese, Spanish, Vietnamese, and other languages will be supported.
    • With Apple Trade In, customers can trade in their current computer and get credit toward a new Mac. Customers can visit apple.com/shop/trade-in to see what their device is worth.
    • AppleCare+ for Mac provides unparalleled service and support. This includes unlimited incidents of accidental damage, battery service coverage, and 24/7 support from the people who know Mac best.
    • Every customer who buys directly from Apple Retail gets access to Personal Setup. In these guided online sessions, a Specialist can walk them through setup, or focus on features that help them make the most of their new device. Customers can also learn more about getting started with their new device with a Today at Apple session at their nearest Apple Store.

    About Apple Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV+. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

    1. Testing was conducted by Apple in September and October 2024. See apple.com/mac-mini for more information.
    2. Carbon reductions are calculated against a business-as-usual baseline scenario: No use of clean electricity for manufacturing or product use, beyond what is already available on the latest modeled grid; Apple’s carbon intensity of key materials as of 2015; and Apple’s average mix of transportation modes by product line across three years. Learn more at apple.com/2030.
    3. Results are compared to previous-generation 3.2GHz 6-core Intel Core i7-based Mac mini systems with Intel Iris UHD Graphics 630, 64GB of RAM, and 2TB SSD.
    4. Results are compared to previous-generation Mac mini systems with Apple M1, 8-core CPU, 8-core GPU, 16GB of RAM, and 2TB SSD.
    5. Testing conducted by Apple in October 2024 using shipping competitive systems and select industry-standard benchmarks.
    6. Results are compared to previous-generation Mac mini systems with Apple M2 Pro, 12-core CPU, 19-core GPU, 32GB of RAM, and 8TB SSD.
    7. Available on Mac computers with Apple silicon and Intel-based Mac computers with a T2 Security Chip. Requires that iPhone and Mac are signed in with the same Apple Account using two-factor authentication, iPhone and Mac are near each other and have Bluetooth and Wi-Fi turned on, and Mac is not using AirPlay or Sidecar. Some iPhone features (e.g., camera and microphone) are not compatible with iPhone Mirroring.
    8. Testing was conducted by Apple in August 2024. See apple.com/safari for more information.

    Press Contacts

    Michelle Del Rio

    Apple

    mr_delrio@apple.com

    Starlayne Meza

    Apple

    starlayne_meza@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Global Banks –

    January 25, 2025
  • MIL-OSI: HAProxy Fusion 1.3 Showcases the Power of a High-Performance Control Plane for App Delivery and Security

    Source: GlobeNewswire (MIL-OSI)

    NEWTON, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) — HAProxy Technologies, the company behind HAProxy One, the world’s fastest application delivery and security platform, and HAProxy, the most widely used software load balancer, today announced the launch of HAProxy Fusion 1.3. HAProxy Fusion is the scalable control plane that provides full-lifecycle management, monitoring, and automation of HAProxy Enterprise deployments, and is central to the HAProxy One platform. The latest release of HAProxy Fusion significantly advances platform performance, observability, and ease of use.

    HAProxy Fusion combines a high-performance control plane with a modern GUI and API (with 100% coverage), enterprise administration, a comprehensive observability suite, and infrastructure integrations including AWS, Kubernetes, Consul, and Prometheus. Threat intelligence from HAProxy Edge, enhanced by machine learning, powers the next-gen security layers in HAProxy Fusion and HAProxy Enterprise. Today, with the release of version 1.3, HAProxy Fusion adds:

    • High-performance service discovery with near-instant configuration generation, which simplifies the automation of Kubernetes networking and application routing at scale.
    • Customizable monitoring dashboards, which enable high-level observability and the ability to drill down into granular metrics and events.
    • A pre-built security dashboard, which provides a unified view of bot management and web application firewall (WAF) data and any actions taken, empowering teams with the intelligence needed for threat response.
    • Collaborative configuration editing with efficient and low-latency updates, which makes it easier and faster for multi-team organizations to update rules safely.

    Kubernetes service discovery, first introduced in version 1.2, is made more powerful in HAProxy Fusion 1.3. New filters allow teams to pull targeted Kubernetes services into HAProxy Fusion, while performance has increased to enable dynamic generation of over 100,000 lines of HAProxy configuration in seconds. This automatic process provides everything that application teams need to route external traffic into Kubernetes clusters, including external IP addresses, routing rules, load balancing, and security layers (DDoS protection, bot management, API security, global rate limiting, and WAF). 

    “With massive Kubernetes deployments, updating traffic routing rules can be a slow process when backends are added, changed, or removed,” said Andjelko Iharos, Director of Engineering, HAProxy Technologies. “But with the power of HAProxy Fusion 1.3, the configuration is updated almost immediately. This allows businesses to be more agile and drastically simplify Kubernetes networking at scale.” 

    HAProxy was recently named a Leader in 20 G2 Fall 2024 Grid® Reports across multiple G2 categories including API Management, Container Networking, DDoS Protection, DevOps, Load Balancing, Web Application Firewall (WAF), and Web Security. HAProxy’s success in the reports was due to an exceptional Satisfaction Score of 99 and the reliability, flexibility, and performance of the platform.

    “When we say that our platform – HAProxy One – is the world’s fastest application delivery and security platform, we look at the impact of every layer,” said Dujko Radovnikovic, CEO, HAProxy Technologies. “We are known for the low latency and high throughput of HAProxy’s data plane, but high performance in the control plane is just as important – as HAProxy Fusion proves, with real benefits for large-scale customers. Very few vendors can offer the top-to-bottom performance that’s fundamental to our culture and available in the HAProxy One platform.”

    See HAProxy Technologies at KubeCon NA 2024
    HAProxy Technologies will attend KubeCon + CloudNativeCon, North America 2024 in Salt Lake City, Utah to showcase its platform and latest Kubernetes capabilities. Visit the company’s booth on November 12-15 or schedule a meeting with us.

    Join the Global HAProxy Community at HAProxyConf 2025
    HAProxyConf 2025 will take the stage in San Francisco, California, from June 3 to 5, 2025. The 2+ days flagship conference for the highly active HAProxy community will be held in the Mission Bay Conference Center, hosting expert speakers from across the open source and enterprise landscape.

    HAProxy users, customers, and developers are invited to submit a talk and become a part of HAProxyConf 2025’s exciting lineup.

    Registration for HAProxyConf 2025 is coming soon.

    About HAProxy One
    HAProxy One is the world’s fastest application delivery and security platform, from the company behind HAProxy. It combines the performance, reliability, and flexibility of our open source core (HAProxy) with the capabilities of a unified enterprise platform. Its next-generation security layers are powered by threat intelligence from HAProxy Edge, enhanced by machine learning and optimized with real-world operational feedback. The platform consists of a flexible data plane (HAProxy Enterprise and HAProxy ALOHA), a scalable control plane (HAProxy Fusion), and a secure edge network (HAProxy Edge), which together enable multi-cloud load balancing as a service (LBaaS), web app and API protection, API/AI gateways, Kubernetes networking, application delivery network (ADN), and end-to-end observability.

    About HAProxy Technologies
    HAProxy Technologies is the company behind HAProxy One, the world’s fastest application delivery and security platform, and HAProxy, the most widely used software load balancer. Leading companies and cloud providers trust HAProxy to simplify, scale, and secure modern applications, APIs, and AI services in any environment. HAProxy Technologies is headquartered in Newton, MA, with multiple offices across the US and Europe. Learn more at HAProxy.com.

    For questions or comments, please contact press@haproxy.com.

    Media Contact:
    Deb Randel, VP Marketing
    HAProxy Technologies, LLC
    press@haproxy.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6eb842b3-7b37-4866-821c-faa14b2fac79

    The MIL Network –

    January 25, 2025
  • MIL-OSI Canada: Alberta’s business sector is booming

    Source: Government of Canada regional news

    Thanks to Alberta’s highly productive economy, cutting red tape, and business-minded policies, Alberta has become the small business hub of Canada.

    With strong, common-sense policies, Alberta is attracting more new business than ever before. Alberta saw an average of 1,945 more active businesses between January and July when compared with the same period last year. This 1.6 per cent increase far surpassed the Canadian average of 0.6 per cent. Alberta is the top destination for business innovation and creation, nationwide.

    “Alberta is the economic engine of Canada and thanks to the strength of our business community, we are further diversifying our economy with strong, business-friendly policies that attract job-creating investment and sustain the Alberta Advantage that we are known for.”

    Matt Jones, Minister of Jobs, Economy and Trade

    Alberta’s active businesses numbers can be attributed to Alberta’s highly skilled and productive workforce, competitive business policies and low tax rates.

    Making up 95 per cent of businesses in the province, Alberta’s small businesses employ almost 35 per cent of our private sector workforce and contribute 27 per cent of the province’s GDP.

    “Small businesses are the heartbeat of Alberta, driving innovation and community spirit. They create jobs, support local economies and foster a sense of belonging. Investing in these enterprises is investing in a strong economic future for our province. We are proud to see such positive growth in our small business community in Q3.”

    Tany Yao, parliamentary secretary for Small Business and Northern Development

    Many sectors are leading the charge, with Alberta’s world-class tourism industry continuing its strong performance in 2024. Alberta saw a notable increase in the number of active businesses in tourism transportation, travel services, recreation and entertainment, and food and beverage services. In fact, Alberta’s overall tourism businesses increased by 3.2 per cent in the first seven months of 2024 – the second-highest increase in Canada.

    “Alberta has the fastest-growing economy in the country right now, with more new businesses starting, and productivity levels significantly higher than the national average. Higher productivity means higher paycheques and better living standards for Albertans. Maintaining and increasing the focus on economic growth and productivity, as well as energizing our key industries, will be critical to ensuring a bright economic future for our province.”

    Adam Legge, president, Business Council of Alberta

    Alberta’s government is taking action to make sure the province remains a place where small businesses can start up, grow and thrive.

    Alberta remains the best place to live, work, do business, invest and raise a family. Alberta’s government has a plan for ensuring sustainable provincial growth, supported by productive industries, and an ever-expanding resource extraction sector.

    Related news

    • Small Business Week: Parliamentary Secretary Yao (Oct. 20,2024)

    MIL OSI Canada News –

    January 25, 2025
  • MIL-OSI: New Fiat Payment Options Now Available on XBO

    Source: GlobeNewswire (MIL-OSI)

    Warsaw, Poland, Oct. 29, 2024 (GLOBE NEWSWIRE) — At XBO.com, a leading B2C crypto service platform, our top priority is making your experience with digital and fiat currency transactions as seamless and convenient as possible. We don’t just focus on expanding our services—we aim to enhance the quality of each service we offer. This latest update introduces more flexible and efficient fiat payment options to support your crypto and fiat transaction needs.

    New Fiat Payment Options on XBO.com for Enhanced Flexibility
    In line with our commitment to convenience and efficiency, XBO.com now supports a broader range of fiat payment methods, empowering users to transact more swiftly and conveniently. These enhanced fiat payment options allow for easier management of both crypto and fiat assets, making XBO.com a one-stop platform for all your digital and fiat transactions.

    The newly added payment methods on XBO include:

    • SEPA (Single Euro Payments Area) – For seamless payments within the Eurozone.
    • SEPA Instant – Instant, real-time transfers for faster access to funds.
    • SWIFT (Society for Worldwide Interbank Financial Telecommunication) – A global network for secure international transactions.
    • FPS (Faster Payments Service) – Fast transfers in GBP within the UK.

    These methods allow you to move fiat currencies across the XBO platform with ease, streamlining the exchange process to be as effortless as crypto transactions.

    The supported fiat currencies include:

    • EUR (Euro)
    • GBP (British Pound)
    • USD (US Dollar)
    • CHF (Swiss Franc)
    • AUD (Australian Dollar)

    Prioritizing Security and Speed for a Better User Experience

    With this upgrade, XBO reinforces its commitment to secure, fast, and user-friendly transactions. These new fiat options are designed to enhance transaction speed and reliability, giving users the same confidence as with their digital assets. Leveraging trusted networks like SEPA, SWIFT, and FPS, XBO ensures every transfer is safe and secure, backed by cutting-edge security measures from top industry providers.

    Future-Forward: Continuous Improvement at XBO

    At XBO, our mission is to continually improve and adapt our platform to meet our users’ evolving needs. The integration of these new fiat payment methods marks another step forward in providing world-class service. We’re committed to offering features that enhance your experience, making XBO your preferred platform for all crypto and fiat transactions.

    Thank you for trusting XBO. We’re excited to keep growing with you as we deliver the best in crypto and fiat transaction services.

    Important Note: Potential Limitations

    Please note that the availability of these new fiat payment methods may vary based on geographic location or your financial institution’s policies. We recommend checking specific guidelines relevant to your country and banking provider.

    Disclaimer: This content is provided for informational purposes only and should not be considered financial advice.

    Meet the XBO Team at SiGMA in Malta, November 11-14!

    We’re excited to announce that the XBO team will be attending the SiGMA Europe Forum in Malta from November 11-14. You can find us at Booth 2086, where we’ll be eager to meet you in person, discuss the latest advancements in crypto services, and explore how XBO can support your digital asset needs. Whether you’re an industry veteran or new to crypto, come by our booth to learn more about our latest features, share insights, or just say hello. We look forward to seeing you there.

    The MIL Network –

    January 25, 2025
  • MIL-OSI Economics: ICC and Palestine Emerging team up to foster sustainable prosperity in the Middle East

    Source: International Chamber of Commerce

    Headline: ICC and Palestine Emerging team up to foster sustainable prosperity in the Middle East

    In addition to causing devastating human losses in the region, the ongoing conflict in the Middle East has led to substantial negative economic consequences. Prior to the war, Palestine already had one of the lowest GDP per capitas in the region. Under the Palestine Emerging growth scenario, GDP can more than double to potentially reach US$36 billion by 2050, compared to US$19 billion for the base case. Palestine Emerging develops and validates ideas, turning them into detailed plans and investable projects.

    Formalising the partnership, ICC and Palestine Emerging committed to a set of joint initiatives aimed at growing the Palestinian economy, to the benefit of the Middle East region at large. These include training for Palestinian SMEs, building export capacity and promoting investment opportunities in Palestine. ICC and Palestine Emerging will also work together to identify opportunities to reduce trade barriers, accelerate dispute resolution and increase cross-border trade.

    Palestine Emerging Executive Director Shireen Shelleh said:

    More than just support, this Trade Gamechanger can reshape a key macroeconomic factor, to significantly accelerate the Palestinian economy. Our partnership with ICC, the global body for commerce, will help produce a step-change for economic development and cross-regional collaboration as we work to prepare more investable conditions in the West Bank and ultimately in Gaza.

    ICC Secretary General John W.H. Denton AO said:

    ICC is uniquely positioned to support the economic reconstruction and recovery of conflict-affected areas, leveraging the knowledge and know-how from across our global network. Our partnership with Palestine Emerging – which draws on unique contributions from regional and international actors – will advance our ultimate goal to enable business to support peace and prosperity for everyone, everywhere in line with our founding purpose.

    About Palestine Emerging

    Palestine Emerging is a pro-bono coalition of over 100 leaders and experts from Palestinian business leaders, international financial organisations and global economic development experts, coalesced around a robust economic blueprint of what needs to happen for Gaza and the West Bank to see substantial reconstruction and a sustainable road to prosperity and economic growth.

    MIL OSI Economics –

    January 25, 2025
  • MIL-OSI Canada: Expanded air travel between Canada and Australia

    Source: Government of Canada News

    News release

    Expanding our international air transport travel relationships with other countries provides Canadians with greater choice and more convenience. Canadians want and deserve options for their international travel needs.

    October 29, 2024            Ottawa, Ontario            Transport Canada

    Expanding our international air transport travel relationships with other countries provides Canadians with greater choice and more convenience. Canadians want and deserve options for their international travel needs.

    Today, the Honourable Anita Anand, President of the Treasury Board and Minister of Transport, announced that Canada has recently expanded its air transport agreement with Australia.

    The expanded agreement includes an unlimited number of direct passenger and cargo flights and enhances operational flexibility for each country’s airlines. It also includes access to any point in the other country’s territory. This is a significant expansion of the agreement and is expected to meet the needs of this important bilateral market for the long term.

    This expanded agreement was reached at the International Civil Aviation Organization’s (ICAO) Air Services Negotiation Event, held in Kuala Lumpur, Malaysia. Over the course of the event, the Canadian delegation of officials from Global Affairs Canada, Transport Canada and the Canadian Transportation Agency held several productive meetings with their international counterparts to conclude this agreement and facilitate the negotiation of future agreements.

    Quotes

    “We are pleased to enhance our strong relationship with Australia, one of our most important markets. This expanded air transport agreement will improve connectivity for passengers, deepen our cultural and commercial ties, and strengthen our supply chains. This is great news for travellers and businesses in both our countries.”

    The Honourable Anita Anand
    President of the Treasury Board and Minister of Transport

    “The expanded Canada-Australia Air Transport Agreement is great news for passengers, businesses and industries in both Canada and Australia. Along with Canada’s Indo-Pacific Strategy and my upcoming Team Canada Trade Mission to Australia in February of next year, social and economic opportunities for travellers will grow. Thanks to our work and this agreement, Canadian and Australian markets will prosper.” 

    The Honourable Mary Ng
    Minister of Export Promotion, International Trade and Economic Development

    Quick facts

    • In 2023, Australia was Canada’s 18th largest air travel market, with 534,075 one-way passenger trips.

    • The sixteenth ICAO Air Services Negotiation (ICAN2024) Event was hosted by the Ministry of Transport Malaysia from October 21-25, 2024.

    • The event provides delegations from countries around the world with a central meeting place to conduct bilateral, regional or plurilateral air services negotiations and consultations, as well as networking opportunities for policy makers, regulators, air operators, service providers and other stakeholders.

    • The Government of Canada is continually working on new and expanded air transport agreements under the Blue Sky policy, which encourages long-term, sustainable competition and the development of international air services.

    • Canada has air transport agreements or arrangements covering more than 125 countries.

    Associated links

    Contacts

    Laurent de Casanove
    Press secretary
    Office of the Honourable Anita Anand
    Minister of Transport, Ottawa
    laurent.decasanove@tc.gc.ca

    Media relations
    Transport Canada, Ottawa
    613-993-0055
    media@tc.gc.ca

    MIL OSI Canada News –

    January 25, 2025
  • MIL-OSI USA: Rosen, Cortez Masto Announce Funding to Increase Women’s Access to Skilled Trades Apprenticeship Programs in Southern Nevada 

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    LAS VEGAS, NV – U.S. Senators Jacky Rosen (D-NV) and Catherine Cortez Masto (D-NV) announced more than $700,000 in federal grant funding to increase women’s access to skills training in Southern Nevada to enhance their participation in construction apprenticeship programs. The funding, awarded to the Southern Nevada Building Trades Union, will help recruit, train, and retain more women in their construction training programs. The funding comes from the Women in Apprenticeship and Nontraditional Occupations grant program, which supports programs that train women for union jobs and nontraditional occupations.
    “Skills training programs and apprenticeships open the door to good-paying jobs without having to get a four-year college degree, and I’m working to make these opportunities available to more Nevadans,” said Senator Rosen. “I’m proud to announce hundreds of thousands of dollars in federal funding are being awarded to the Southern Nevada Building Trades Union to expand access for more women in their apprenticeships programs. I’ll keep working to support Nevada’s workforce and economy.”
    “Apprenticeships are a great way for hardworking Nevadans of all walks of life to build opportunity and access good-paying, union jobs,” said Senator Cortez Masto. “This grant will allow Southern Nevada Building Trades to expand their apprenticeship programs, and will help more women, especially women of color, build union careers and provide for their families. I’ll always fight to make sure Nevada’s workers have everything they need to build the infrastructure of the future.”
    “We are proud to be awarded the first federal grant in the history of the Southern Nevada Building Trades through the Women in Apprenticeship and Nontraditional Occupations (WANTO) program,” said Vince Saavedra, Executive Secretary-Treasurer of the Southern Nevada Building Trades. “This $710,000 award will help us launch stipend programs for childcare, transportation, and create other critical support services, removing barriers for women to join and thrive in the union trades. With major projects like Brightline West, the Athletics Stadium, and others on the horizon, growing our skilled workforce is more important than ever. This grant is just the beginning as we continue to work to expand access to union apprenticeships and build a stronger future for all.”
    Senators Rosen and Cortez Masto have been working to support Nevada’s workers and ensure they have access to the training they need. Earlier this year, both senators announced that they secured nearly $16 million in federal funding for community projects to bolster workforce development in critical sectors throughout the state, including mental health care, nursing, and education. They also announced the delivery of federal funding they secured for workforce development to fill in-demand jobs in Southern Nevada. Senator Rosen recently announced $4 million to support registered apprenticeships and skilled workforce development in Northern Nevada and introduced legislation to bolster the housing construction workforce and a bill to provide Nevadans skills training in high demand fields like manufacturing, construction, and IT.

    MIL OSI USA News –

    January 25, 2025
  • MIL-OSI Security: Digby — Child sex doll seized at the border; Digby man facing child pornography charges

    Source: Royal Canadian Mounted Police

    The Nova Scotia RCMP’s Provincial Internet Child Exploitation (ICE) Unit has charged a 43-year-old Digby man with child pornography offences, following the seizure of a child sex doll by the Canada Border Services Agency (CBSA).

    On October 8, 2024, CBSA officers in Hamilton, Ontario intercepted and seized a child sex doll while examining international courier shipments arriving into Canada by air. The doll had originated in Japan and was addressed to an importer residing in Digby, Nova Scotia. Working with CBSA Intelligence Officers in Halifax, the seizure was referred to the Nova Scotia RCMP ICE Unit for further investigation.

    On October 17, the RCMP executed a search warrant at the residence and seized additional child sex dolls and other evidence supporting both child pornography and smuggling charges. Officers then safely arrested Joseph Ryan Jolicoeur at the residence.

    Jolicoeur has been charged with Possession of Child Pornography and Importation of Child Pornography under the Criminal Code and Smuggling child pornography into Canada under the Customs Act. He was released on conditions and is next scheduled to appear in Digby Provincial Court on January 6, 2025.

    “Child pornography is most commonly known and understood as sexual images or videos of children,” says Cst. Mandy Edwards of the RCMP Provincial ICE Unit. “However, child pornography can also be written, or in audio forms, or as in this case, a visual representation such as a child sex doll. Child pornography in all its forms is considered harmful and is prohibited by the Criminal Code.”

    In Nova Scotia, it is mandatory for citizens to report suspected child pornography. This means that anyone who encounters child pornography material or recordings must report it to the police. Failing to report suspicious activity and materials could result in criminal penalties similar to failing to report child abuse set out in the Child and Family Services Act.

    The RCMP and CBSA encourage citizens to be a voice for children who are victims of sexual exploitation by reporting any suspected offences to your local police or by using Canada’s National tip line for reporting online sexual exploitation of children at www.cybertip.ca. Suspicious cross-border activity, including smuggling, can be reported to the CBSA Border Watch Line toll-free at 1-888-502-9060.

    MIL Security OSI –

    January 25, 2025
  • MIL-OSI Asia-Pac: One more detainee to return to HK

    Source: Hong Kong Information Services

    The Security Bureau today said that a Hong Kong resident who had been detained for illegal work in Myanmar, but was recently rescued and safely arrived in Thailand, will return to Hong Kong on Monday with the bureau’s dedicated task force.

    Members of the task force met the Hong Kong resident at a detention centre last night after his transferral to Bangkok. He was in good mental and physical condition.

    The task force members expressed sympathy to the individual, who expressed gratitude for their visit to Thailand to follow up on his case. He was also pleased to learn that he will be able to return to Hong Kong on Monday.

    Secretary for Security Tang Ping-keung said he was relieved that one more Hong Kong resident was rescued and able to return to Hong Kong to reunite with his family before the Chinese New Year.

    Mr Tang thanked sincerely the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong Special Administrative Region, the Chinese Embassy in the Republic of the Union of Myanmar, the Chinese Embassy in the Kingdom of Thailand, the Consulate General of the People’s Republic of China in Chiang Mai, the Consulate General of Myanmar in Hong Kong, the Royal Thai Consulate-General, Hong Kong, the Hong Kong Economic & Trade Office in Bangkok and the relevant Thai authorities for their support and assistance as well as importance attached to the case, enabling the return of the Hong Kong resident within a short period of time as far as practicable.

    The security chief also commended the dedicated task force for the committed efforts in following up the case and assisting the Hong Kong resident’s return to Hong Kong as soon as possible.

    The task force, comprising members from the bureau, the Hong Kong Police Force and the Immigration Department, has been contacting and liaising with different parties since their arrival in Thailand on January 21 to discuss the arrangements for the rescued Hong Kong resident to return home as soon as possible and follow up on the 10 remaining request-for-assistance cases.

    MIL OSI Asia Pacific News –

    January 25, 2025
←Previous Page
1 … 353 354 355 356 357 … 410
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress