NewzIntel.com

Category: Trade

  • MIL-OSI Russia: Denis Manturov made a working visit to Indonesia

    MILES AXLE Translation. Region: Russian Federation –

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

    Denis Manturov with Indonesian President Prabowo Subianto

    The First Deputy Prime Minister, on behalf of President Vladimir Putin, headed the Russian delegation at the inauguration of the country’s elected President Prabowo Subianto. Denis Manturov was received by the President of Indonesia and also held talks with the Minister and Coordinator for Economic Affairs of the Republic of Indonesia, Airlangga Hartarto.

    Trade and economic relations between Russia and Indonesia are showing positive dynamics. “Over the past three years, mutual trade turnover has grown by three quarters and by the end of 2023 amounted to 4.1 billion dollars. This year, despite unfavorable external factors, we have generally managed to maintain a stable level of trade turnover,” Denis Manturov noted.

    The First Deputy Prime Minister discussed bilateral cooperation in the trade, economic and humanitarian spheres with his Indonesian colleagues. The conclusion of the Free Trade Agreement between Indonesia and the EAEU is of great importance for strengthening trade and economic cooperation. Work on the draft agreement is at an advanced stage. Speaking about specific industry areas of cooperation, Denis Manturov singled out the agro-industrial complex. “We have restored supplies of Russian wheat to Indonesia and see preconditions for increasing supplies, given Russia’s leading position in the global grain market. Russia is also ready to increase exports of mineral fertilizers in demand in Indonesia, and to meet the needs of Indonesian partners for fuel, including oil and LNG,” he emphasized. Promising areas of cooperation that were also discussed during the working visit were the peaceful use of nuclear energy and the space sector.

    Next year, Russia and Indonesia are preparing to celebrate the 75th anniversary of the establishment of diplomatic relations. The Soviet Union was one of the first countries to recognize Indonesia’s sovereignty and independence from the Netherlands in 1950. A plan of joint events dedicated to the landmark date has already been prepared. An extensive business and cultural program will be provided for as part of the next meeting of the Intergovernmental Russian-Indonesian Commission on Trade and Economic Cooperation, which will take place in March 2025.

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

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

    http://government.ru/nevs/53059/

    MIL OSI Russia News –

  • MIL-Evening Report: Do electric cars greatly increase the average mass of cars on the road? Not in Australia

    Source: The Conversation (Au and NZ) – By Robin Smit, Adjunct Professor, School of Civil and Environmental Engineering, University of Technology Sydney

    Karolis Kavolelis/Shutterstock

    Statements have been circulating online, including leading news platforms, that battery electric cars will greatly increase the average mass of the on-road fleet. This claim is used as an argument against these cars.

    Even the Australian motoring organisation NRMA has posed the question: “EVs are heavy. Are they safe on our roads and carparks?” (It does say the answer is yes.)

    The stated reason for such concerns is generally that electric car batteries are heavy and increase overall vehicle mass. A heavier vehicle needs more energy to drive it and so will typically increase emissions. A greater mass also reduces traffic safety and could have damaging impacts on parking spaces and roads.

    A critical review released yesterday took a closer look at these claims to see if they hold true in Australia. It finds these claims don’t stack up in a country where sales of fossil-fuelled (petrol, diesel, LPG) vehicles skew towards large and heavy utes and SUVs.

    When adjusted for actual top 10 vehicles sold and using realistic mass values, the average mass of battery electric and fossil-fuelled cars differs by just 68 kilograms. That difference is not significant, especially because electric cars are much more energy-efficient.

    Oversimplifying a complex topic

    The claims being made often oversimplify a complex reality. They tell only part of the story, which can be misleading.

    For instance, internal combustion engine cars have consistently increased in mass over time. Known as car obesity, this fact is often unfairly ignored in comparisons.

    Similarly, these statements pretend to know how complex consumer behaviour will respond to future availability of battery electric cars and their fast-changing and improving features. Often, the results of overseas studies cannot be directly applied to different Australian conditions.

    4 points of contention

    Our report identifies and unpacks four main points of contention.

    First, there are different ways to define and compare the mass of battery electric and combustion engine cars. In practice, the choice is rather arbitrary. Depending on the method, the comparison may be neither adequate nor accurate.

    Often the comparison is made between similar or similarly sized battery electric and combustion engine cars. Or electric cars can be compared only to an equivalent non-electric version of models such as the VW Golf. Another variation is to simply compare the average mass of a large range of cars currently on sale, without considering the impact of sales volumes.

    Second, a common argument is that batteries are heavy, so electric cars are heavier than fossil-fuelled cars. But this is simplistic – it’s not only the battery that matters.

    Offsetting the extra battery mass, other parts of the electric car such as their motors are smaller and lighter. They can cut its mass by up to 50%.

    And actual extra battery mass itself depends on a range of factors. Battery chemistry, battery size and energy storage capacity (which determines how often a car needs recharging) all affect the mass. Indeed, battery mass varies between 100 and 900 kilograms for cars.

    Third, car obesity has greatly and consistently increased fossil-fuelled car mass. Unless we include this rise in car obesity, the comparison with battery electric cars tells only half the story.

    Finally, it is challenging to accurately predict the mass impacts of electric cars. A common assumption is that future vehicle buyers’ behaviour does not change when switching to battery electric cars. This assumption seems unlikely and again oversimplifies the comparison.

    For instance, market availability, marketing focus, purchase price and performance characteristics will largely guide buyers’ decisions. These considerations are all highly dynamic. They are changing significantly and fast.

    So how do they compare in Australia?

    A proper comparison needs, at least, to include realistic vehicle mass and sales data. Our study compares the differences in vehicle mass between the top ten best-selling cars for both battery electric and fossil-fuelled vehicles in Australia in 2022, as shown below.

    Masses of the top 10 most popular new battery electric (top) and fossil-fuelled (bottom) passenger cars sold in Australia in 2022. Circle sizes represent sales volumes. The top-selling internal combustion engine car is the Toyota Hilux (64,391 sold). For pure battery electric cars it’s the Tesla Model 3 (10,877 sold). Vehicle mass is defined as ‘mass in running order’, adjusted for average vehicle occupancy.
    Author provided, Transport Energy/Emission Research (TER)

    Currently sold top 10 models of battery electric cars cluster more at the heavy end, but the most popular cars are relatively light. The top 10 models of fossil-fuelled cars have a larger spread in mass. Yet, when it comes to sales, most are relatively heavy SUVs or utes.

    When ranked by popularity and compared, battery electric cars are not always heavier. They can be almost 300kg (12%) lighter to almost 800kg (55%) heavier than the corresponding fossil-fuelled car. Importantly, the overall difference in the average mass of the two categories when adjusted for sales is just 68kg (about 3% of total vehicle mass).

    This small difference is insignificant in terms of energy and emission impacts. A more important factor here is the superior energy efficiency of battery electric vehicles.

    How will they compare in future?

    Clearly, future sales profiles may differ from current sales profiles. The current profile may be largely defined by a certain type of customer (such as a high-income early adopter). They might not be typical of mainstream consumers in coming years.

    Buyers’ future behaviour is uncertain and hard to predict. It would depend on the effectiveness of (new) policy measures such as Australia’s New Vehicle Efficiency Standard, the actual vehicles offered for sale, marketing efforts by car suppliers and possibly also cultural changes.

    Any shifts in buyer behaviour could greatly influence the car fleet’s average mass. They could continue the current trend towards larger and heavier vehicles, or shift to smaller and lighter vehicles.

    But this is the point: the impacts of electrification of passenger vehicles on average mass are highly uncertain. Statements on the matter are often speculative and can be unfairly biased by the methods used.

    In markets where heavy petrol and diesel vehicles dominate car sales, such as Australia and New Zealand, current evidence suggests increased electric car sales are unlikely to greatly increase average vehicle mass. In fact, average mass could actually go down as cheaper and lighter electric cars go on sale here.

    Vehicle mass remains important

    Importantly, the report is not downplaying the importance of vehicle mass for transport emission abatement.

    In previous research it was estimated that only a passenger vehicle fleet dominated by small and light battery electric vehicles may get Australia close to achieving the net-zero emissions target in 2050.

    To meet the target, it is thus important to reverse the trend of increasing car obesity, for all cars. But vehicle mass should not be used as an argument against electrification.

    Robin Smit is the founding Research Director at the Transport Energy/Emission Research (TER) consultancy.

    – ref. Do electric cars greatly increase the average mass of cars on the road? Not in Australia – https://theconversation.com/do-electric-cars-greatly-increase-the-average-mass-of-cars-on-the-road-not-in-australia-240555

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: Eight-year ban for director of home improvements firm which failed to complete more than £300,000 of building work

    Source: United Kingdom – Government Statements

    The company accepted payments for projects when it was insolvent

    • Samantha Fairweather was the sole director of Fairweather Construction Ltd when it took payments from customers for home improvements it did not complete 

    • The company had already failed to finish building work such as new conservatories and windows when it accepted the additional payments  

    • Fairweather Construction had substantial debts at the time it took the payments, including owing more than £100,000 in tax 

    The boss of an Essex construction firm which took more than £300,000 in deposits for home improvements work it never completed has been disqualified as a director for eight years. 

    Samantha Fairweather, 53, was the sole director of Fairweather Construction Ltd when it sought advice from an insolvency practitioner in April 2022, owing more than £100,000 in unpaid tax. 

    The company had taken deposits from homeowners worth more than £150,000 by this time for building work such as the installation of new windows or conservatories which it had not finished. 

    However, Fairweather Construction then proceeded to take a further £177,900 in payments for further building projects it did not complete, including £37,370 in deposits for new work, before it was liquidated in the autumn of 2022.  

    Neil North, Chief Investigator at the Insolvency Service, said: 

    Samantha Fairweather knew, or ought to have known, that the company she was a director of had unpaid debts to HMRC and had been unable to fulfil its obligations to existing customers. 

    The company then took significant amounts of money from homeowners for house extensions and projects which were never done. 

    Members of the public need protection from this kind of activity which is why Fairweather will no longer be able to act as a company director until October 2032. 

    Fairweather, of Maitland Road, Stansted Mountfitchet, was the only director of Fairweather Construction since it was established in December 2014. 

    The company marketed itself as a home improvement specialist, with its work mainly focused on properties around the Essex and Hertfordshire border. Its registered office address was more than 150 miles away on Wood Lane, Heskin, Lancashire. 

    However, homeowners from further afield also lost out as a result of the company’s actions. 

    One couple from south London paid Fairweather Construction £12,500 for new windows in July 2022, but the order was never placed with the manufacturer. 

    Similarly, a woman from Saffron Walden paid the company £4,500 for new windows in August 2022, which were never fitted. 

    In the same month, Fairweather Construction took £18,000 from customers in the Bishop’s Stortford area for a new conservatory and extensions to an existing one which were not built. 

    Numerous excuses were made by the company for why the orders were not fulfilled. 

    Fairweather also caused her company to breach the Covid Bounce Back Loan Scheme in May 2020 by using £11,000 of the £50,000 she obtained to repay a director’s loan. 

    These payments were not for the economic benefit of the business as they had to be under the rules of the scheme. 

    Fairweather Construction entered liquidation in September 2022 with liabilities of more than £700,000. 

    The Secretary of State for Business and Trade accepted a disqualification undertaking from Fairweather, and her eight-year ban began on Monday 21 October. 

    The disqualification prevents her from becoming involved in the promotion, formation or management of a company, without the permission of the court. 

    Further information 

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Authorisation application deadlines for Christmas period 2024

    Source: United Kingdom – Executive Government & Departments

    Validation for applications during the Christmas period 2024 for MA, ManA, WDA, Batch Release, Specific Batch Control, and Special Import and Export Certificates.

    Our offices will be closed on Wednesday 25, Thursday 26 December and Wednesday 1 January.

    Validation during the Christmas Period 2024

    Marketing Authorisation applications

    In recognition of the resource pressures and delays to service currently being experienced, the VMD is extending the usual Christmas shut down period for 2024 to focus efforts on issuing existing applications.

    All applications must be received by 29 November to be processed during the Christmas period. Any applications received after this date will not be processed until 2 January 2024.

    Validation of New Marketing Authorisation applications

    The last validation meeting to discuss applications for new Marketing Authorisations (MAs) will take place on 12 December. New applications to be considered for validation must be received on or before 29 November. Weekly validation meetings will resume from 9 January 2024.

    For further information contact s.response@vmd.gov.uk

    Manufacturing and Wholesale Dealer Authorisation applications (new and variations)

    The last day for validation of applications for Authorisations for Manufacturers, Blood Banks, Equine Stem Cell Centres and Wholesale Dealers (new and variations) will be 13 December. To be considered for validation by this date, please ensure that your application reaches us by 11 December. The validation discussions will resume from 2 January 2024.

    For further information contact the team at inspections@vmd.gov.uk

    Export Certificates

    Your application for an export certificate must be received by 13 December to ensure it is dealt with during the Christmas period. Applications received after this date will be dealt with from 2 January 2024.

    For further information contact the team at exportcert@vmd.gov.uk.

    Specific Batch Control-PVMP

    Your application must be received by 11 December to ensure it is dealt with during the Christmas period. Applications received after this date will be dealt with from 2 January 2022.

    For further information contact the team at s.response@vmd.gov.uk.

    Batch Release Requests-IVMP

    Your batch release request must be received by 11 December to ensure it is dealt with during the Christmas period. Requests received after this date will be dealt with from 2 January 2024.

    For exceptional cases after 11 December, we will consider these on a case-by-case basis, contact the team on batchr@vmd.gov.uk.

    Special Import Scheme applications

    For Special Import Certificate and Wholesale Dealer Import Certificate applications requiring assessment, that is, not available instantly online, your application must be received by 13 December to ensure it is dealt with during the Christmas period.  

    Requests received after this date will be dealt with from 2 January 2024. If you have an urgent clinical need requiring an import certificate prior to this date, please email importcert@vmd.gov.uk identifying your application as urgent.

    Please send any general enquiries to postmaster@vmd.gov.uk, using key words in the subject heading.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Video: The WTO is born: memories from Marrakech 1994

    Source: World Trade Organization – WTO (video statements)

    To mark the 30th anniversary of the Marrakesh Agreement, we sat down with Said El Hachimi, a former Moroccan trade negotiator and former WTO staff member. He shared his personal insights into the historic 1994 conference that led to the formation of the World Trade Organization.
    From the vibrant backdrop of Marrakesh to the challenges of organizing such an event, Said reflects on the lasting impact of the event and its role in reshaping global trade, especially for developing economies like Morocco.

    https://www.youtube.com/watch?v=XGfqrSKfzl0

    MIL OSI Video –

  • MIL-OSI USA: 52 Bipartisan Congressmembers Urge Biden Administration to Tighten Russian Oil Sanctions and Question Exception Approval

    Source: United States House of Representatives – Congressman Lloyd Doggett (D-TX)

    Contact: Alexis Torres, Alexis.Torres@mail.house.gov

    Washington, D.C.—U.S. Representatives Lloyd Doggett (D-TX-37) and Jake Auchincloss (D-MA-4) led a bipartisan effort to demand a tightening of Russian oil sanctions and to question an exception granted to a U.S.-based company, Schlumberger (SLB). Specifically, the lawmakers are questioning Treasury Secretary Janet Yellen and Secretary Antony Blinken as to why the Biden administration has permitted SLB to serve as an accomplice to Vladimir Putin.

    “We write regarding alarming findings that the U.S.-based company and world’s largest oilfield services firm SLB, widely known as Schlumberger, is expanding in Russia,” wrote the members. “Since Russia’s unjustified and illegal full-scale invasion of Ukraine in February 2022, SLB has signed new contracts, recruited hundreds of staff, and imported nearly $18 million in equipment into Russia. This U.S.-based company is keeping Vladimir Putin’s war machine well-oiled with financing for the barbaric invasion of Ukraine. We urge you to continue supporting our Ukrainian allies by pursuing more rigorous oil sanctions to effectively restrict Putin’s profits.”

    “My name is on the first sanctions legislation to become law shortly after the Russian invasion,” said Rep. Doggett. “Implementation of that and similar legislation by our allies has not prevented Putin from earning billions from oil exports. And unfortunately, North Korea and Iran are not the only places providing him help. By permitting his exports and permitting continued American company investments in Russia, Americans, and our European allies, are essentially funding both sides of this war. While well aware of concerns about the price of gasoline at the pump, we must stop oiling the Putin war machine to win this war, secure a just peace, and reparations.”

    “While Ukrainians fight and die on the front lines of freedom, a U.S. oil company is supporting the enemy,” said Rep. Auchincloss. “Oil is the lifeblood of the Russian war economy, which is why the West must stand united in tightening and enforcing oil sanctions. That begins by holding SLB and its collaborators accountable for evading allied sanctions, profiteering from pain, and fueling Putin’s ability to wage war.”

    Additional signers include Representatives Sheila Cherfilus-McCormick (FL-20), Josh Gottheimer (NJ-05), Marcy Kaptur (OH-09), Barbara Lee (CA-12), Wiley Nickel (NC-13), Jared Huffman (CA-02), Dan Goldman (NY-10), Danny Davis (IL-07), Jim Costa (CA-21), Sean Casten (IL-06), Steve Cohen (TN-09), Adam Schiff (CA-30), Susan Wild (PA-07), Joe Wilson (R-SC-02), Hank Johnson (GA-04), Tom Suozzi (NY-03), Brad Sherman (CA-32), Zoe Lofgren (CA-18), Nikema Williams (GA-05), Gerry Connolly (VA-11), Mark Pocan (WI-02), Madeleine Dean (PA-04), Jamie Raskin (MD-08), Earl Blumenaur (OR-03), Seth Magaziner (RI-02), Chris Deluzio (PA-17), Patrick Ryan (NY-18), Chris Smith (R-NJ-04), Bonnie Watson Coleman (NJ-12), Salud Carbajal (CA-24), Raúl Grijalva (AZ-07),  Don Bacon (R-NE-02), Juan Vargas (CA-52), Jerry Nadler (NY-12), Annie Kuster (NH-02), Emanuel Cleaver (MO-05), Frank Pallone (NJ-06), Paul Tonko (NY-20), Adriano Espaillat (NY-13), Ted Lieu (CA-36), John Larson (CT-01), Mike Quigley (IL-05), Jill Tokuda (HI-02), Kweisi Mfume (MD-07), David Trone (MD-06), Seth Moulton (MA-06), Brian Fitzpatrick (PA-01), Stephen Lynch (MA-08), Bennie Thompson (MS-02) and Ro Khanna (CA-17).

    The full letter can be found here.

    Rep. Doggett is a strong champion for a prosperous Ukraine, consistently urging Congress and the Biden administration to take further actions in holding Putin accountable and ensuring full support for a Ukrainian victory. In 2022, the morning after Putin launched his unprovoked and illegal invasion, Rep. Doggett filed the first sanctions legislation, which later became law, to prohibit the direct import of energy products from Russia into the United States. The following year, he introduced the bipartisan Ending Importation of Laundered Russian Oil Act to close a “refining loophole” that allows Russian oil to be laundered through third-party countries and sold in the U.S. as gasoline and other petroleum products—therefore linking American consumers to financing parts of Putin’s war machine. In recent months, Rep. Doggett expanded his efforts to prevent Russia from continuing to profit off Western countries by publishing an opinion piece in Foreign Policy, calling for U.S. sanctions against a network of companies associated with Rosatom, Russia’s state-owned nuclear corporation.

    MIL OSI USA News –

  • MIL-OSI Economics: RBI updates the Alert List of unauthorised forex trading platforms

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms. The updated Alert List is available here.

    Sr. No Name Website
    1 Ranger Capital https://www.rangercapital.net
    2 TDFX https://www.tdfx.exchange
    3 Inefex https://www.inefex.com/international
    4 YorkerFX https://yorkermarkets.com
    5 Growline https://grow-line.org
    6 Think Markets https://www.thinkmarkets.com
    7 Smart Prop Trader https://www.smartproptrader.com
    8 FundedNext https://fundednext.com
    9 Weltrade https://www.weltrade.com
    10 FreshForex https://freshforex.com
    11 FX Road https://www.fxroad.com
    12 DBG Markets https://www.dbgmarketsglobal.com
    13 Plusonetrade https://www.plusonetrade.com

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1351

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: Import of poultry meat and products from Åšroda Wielkopolska District of Wielkopolskie Region in Poland suspended

    Source: Hong Kong Government special administrative region

    Import of poultry meat and products from Środa Wielkopolska District of Wielkopolskie Region in Poland suspended
    Import of poultry meat and products from Środa Wielkopolska District of Wielkopolskie Region in Poland suspended
    ******************************************************************************************

         ​The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 22) that in view of a notification from the World Organisation for Animal Health (WOAH) about an outbreak of highly pathogenic H5N1 avian influenza in the Środa Wielkopolska District of the Wielkopolskie Region in Poland, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the area with immediate effect to protect public health in Hong Kong.     A CFS spokesman said that according to the Census and Statistics Department, Hong Kong imported about 1 620 tonnes of frozen poultry meat from Poland in the first six months of this year.     “The CFS has contacted the Polish authority over the issue and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreak. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

     
    Ends/Tuesday, October 22, 2024Issued at HKT 16:37

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI China: China’s forex market turnover up 10.1%

    Source: China State Council Information Office

    China’s foreign exchange market saw a turnover of 30.27 trillion U.S. dollars in the first three quarters of this year, up 10.1 percent year on year, official data showed Tuesday.

    Trading on the foreign exchange market was active in this period, the State Administration of Foreign Exchange said at a press conference.

    MIL OSI China News –

  • MIL-OSI United Kingdom: Flagship Government export initiative to be sponsored by Santander UK

    Source: United Kingdom – Executive Government & Departments

    Santander UK has committed to a three-year sponsorship of a programme of Department for Business and Trade (DBT) events.

    Santander UK has committed to a three-year sponsorship of a programme of Department for Business and Trade (DBT) events, which will help UK businesses of all sizes realise the opportunities presented by global trade.

    The sponsorship will cover DBT’s flagship annual export initiative, International Trade Week, taking place from 11th to 15th November 2024, as well as the UK Export Academy and a number of international trade shows.

    Now in its fourth year, International Trade Week is a collaboration between DBT and industry featuring a variety of free activities such as masterclasses, workshops and webinars. It’s aimed at all UK businesses, whether they are looking to secure their first export contract or expand their existing international sales.
    Themes running through the week this year include digital trade, selling to Europe and exporting for the first time, although events will cover a wide range of topics. Attendees will be able to develop their exporting knowledge and skills, hear from international-trade experts and learn about the support on offer from DBT and its partners, including Santander UK.

    DBT and Santander UK share a common goal; to help UK SMEs grow through exports. This partnership demonstrates that both organisations are working hand in hand to that end.

    John Carroll, Head of International and Transactional Banking, Santander UK, said:

    “It’s an exciting time to be a UK business looking to expand globally, but it’s not without its challenges. Our Trade Barometer research shows that businesses are calling out for more support from government and the private sector, and we’re pleased to be working with DBT to play our part in helping businesses turn their international dreams into a reality.

    “Through our local connections, international teams and digital international trade platform, Santander Navigator, we’ve already helped over 1,500 companies grow internationally since 2019.  We are thrilled to be supporting International Trade Week as part of the launch of a multi-year partnership, enabling us to make a difference to the UK’s economic growth by supporting even more UK businesses in taking their next step on their export journeys.”

    Gareth Thomas, Minister for Exports, said:

    “When businesses export, they hire more staff and increase wages which all helps to grow the economy. That’s why we’re working with businesses of all sizes to cut trade barriers and open new routes to market.

    “Santander’s three-year backing of our International Trade Week is a strong endorsement of the UK’s trade and investment strategy, as we work together to get more small businesses growing and exporting around the world.”

    Businesses can register for International Trade Week at: great.gov.uk/campaign-site/itw.

    Updates to this page

    Published 22 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI: Havila Shipping ASA: Notice of Extraordinary General Meeting

    Source: GlobeNewswire (MIL-OSI)

    The Board of Directors of Havila Shipping ASA hereby gives notice of 

    Extraordinary General Meeting.

    The meeting will take place on 12 November, 2024, at 10 :00hours.

    The meeting will be held as a digital meeeting only, with no physical attendance for shareholders.

    The notice will be sent to shareholders, by post to the registered address in VPS, or through VPS.

    Contacts:

    Chief Executive Officer Njål Sævik, +47 909 35 722

    Chief Financial Officer Arne Johan Dale, +47 909 87 706

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    Attachment

    The MIL Network –

  • MIL-OSI Russia: Polytechnic students are winners of the competition for St. Petersburg government awards

    Translation. Region: Russian Federation –

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

    The Diploma Project Commission summed up the results of the competition for the St. Petersburg Government Prize. For the implementation of diploma projects in the 2023/2024 academic year, 33 executive bodies of state power offered students 116 topics for work. 72 people won the competition, seven of whom are SPbPU students. All of them represent the Institute of Industrial Management, Economics and Trade.

    1. Maria Gorshenina, graduate of the Master’s program at the Higher School of Industrial Management, Energy Management program, scientific supervisor: Associate Professor at the Higher School of Industrial Management Inga Skvortsova.

    Project “Analysis and ranking of factors promoting and hindering the introduction of renewable energy sources in the engineering and energy complex of St. Petersburg”. The aim of the study was to improve the elaboration of the scientific base for assessing the feasibility of introducing renewable energy sources into a specific regional energy system by identifying and analyzing key factors that form the environment within which the operation of renewable energy sources is planned in the region.

    To be honest, this work is a story of constant improvements and refinements, as I always wanted to improve my project. The result was worth it: victory in the St. Petersburg government diploma project competition, second place in the TGK-1 competition and, most importantly, my own satisfaction with the work done, Maria shared her impressions.

    2. Leonid Alkhimovich, a graduate of the bachelor’s degree program of the Higher School of Industrial Management, international educational program “International Business”, scientific supervisor: associate professor of the Higher School of Industrial Management Ksenia Kikkas.

    The topic of the thesis is “Corporate training – gamification as a basis for effective interaction in the work process”. The choice of the topic is associated with the rapid development of technologies in the field of corporate training, digital methods of professional development and increasing employee engagement. One of the most common tools in this area is gamification.

    3. Evelina Polushkina, Bachelor of the Higher School of Administrative Management in the direction of “State and Municipal Administration”. The project “The Impact of Digitalization on the Process of State Support for Business” was developed under the supervision of HSAM Associate Professor Maxim Ivanov. During the final qualifying work, recommendations were developed for improving the provision of state support by changing the internal processes for ensuring the operation of digital services, as well as creating directions for their popularization among small and medium-sized businesses.

    Participation in the competition was a very useful and necessary experience for me. I positively evaluate the experience of communication with the executive bodies of St. Petersburg in the person of civil servants, who promptly provided the necessary information and statistics on my topic. I believe that the topic of state support for business is relevant at the moment, so I am glad that the city authorities are actively involved in its implementation and are constantly developing this industry, including with the help of digital technologies, – Evelina noted.

    4. Elizaveta Parkhomchuk, Master of the Higher School of Administrative Management in the direction of “State and Municipal Administration”. Under the supervision of HSAM Associate Professor Tamara Selentyeva, she completed the work “Development of projects for methodological assistance in supporting small and medium-sized businesses in the executive bodies of state power”, which is aimed at creating recommendations for executive bodies of state power to improve the process of providing assistance and support to small and medium-sized businesses. This work was done jointly with specialists from the Center for Development and Support of Entrepreneurship of St. Petersburg.

    5. Mikhail Kiryushatov, a graduate of the bachelor’s degree program at the Higher School of Service and Trade, majoring in “Trade Business”, scientific supervisor: associate professor at the Higher School of Service and Trade Irina Kapustina. The project was called “Analysis of the possibilities of expanding economic cooperation between St. Petersburg and cities of ASEAN countries in modern conditions.”

    The most memorable events were the off-site events in which the External Relations Committee took part. The first of these was the XXIII International Forum “Ecology of the Big City”, where a student of the Higher School of Social and Technical Studies accompanied a delegation from Myanmar headed by the Deputy Minister of Natural Resources and Environmental Protection Min Tu, and also carried out communication at a meeting with Russian partners in the field of geology, Mikhail shared.

    6. Ksenia Fisun, a graduate of the bachelor’s degree program at the Higher School of Service and Trade, majoring in “Trade Business”, scientific supervisor: Associate Professor of the Higher School of Service and Trade Vladimir Bakharev. Her project was called “Trends and Factors Influencing the Development of Small and Medium-Sized Businesses in St. Petersburg”.

    Participation in the project was a very interesting experience for me! Thanks to it, I got acquainted with the activities of government agencies from the inside, and also learned more about the sphere of small and medium entrepreneurship in our city. I am grateful to the Polytechnic University and the government of St. Petersburg for the opportunity to participate in such a project! – shared Ksenia.

    7. Karina Allahverdiyeva, graduate of the Master’s program of the Higher School of Service and Trade, the program “Quality Management at the Enterprise” under the supervision of Associate Professor of the Higher School of Service and Trade Boris Lyamin. The project work on the topic “Monitoring of food products based on the KPPIT as a promising form of quality control and product safety” consisted of identifying discrepancies in the food product monitoring process, assessing the quality control process of samples, developing recommendations for improving and optimizing the food product monitoring process in the testing laboratory of the IL “PETEKS”. It is worth noting that the results of the project work were agreed upon, approved and applied by the head of the testing laboratory.

    The winners will be awarded in November during the St. Petersburg International Scientific and Educational Salon, the city’s largest event aimed at demonstrating educational, scientific research and innovation activities.

    According to statistics, most of the winners of this competition are employed in city administrative structures. It is also worth noting that this year the prize amount has been increased from 16 thousand rubles to 30 thousand rubles for each winner.

    I am proud of our students! IPMET regularly participates and annually remains among the leaders in the number of winners. And this year is a particularly significant event for the entire institute – seven winners from the Polytechnic University and all IPMET students! Your achievements are the result of hard work, creativity and commitment to high quality work. I wish you further success in your professional activities, may your victories continue to delight us with new achievements, – shared the director of IPMET Vladimir Shchepinin.

    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 –

  • MIL-OSI Russia: The Department of Physical Training and Sports of the Polytechnic University celebrated its anniversary

    Translation. Region: Russian Federation –

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

    The department occupies an important place in the development of our university. Over 90 years, it has established itself as the center of sports life at SPbPU. On August 23, 1934, a department for military training was created at the Leningrad Industrial Institute, which included the departments of military disciplines and physical education. The latter included 16 teachers, andshe became the progenitor today’s Institute of Physical Culture, Sports and Tourism.

    The anniversary was attended by Vladimir Glukhov, Advisor to the Rectorate, Dmitry Tikhonov, Vice-Rector for Additional and Pre-University Education, Natalya Antyukh, multiple world champion and Honored Master of Sports of Russia in track and field, Leonid Shiyanov, Chairman of the Physical Culture and Sports Society of Trade Unions of St. Petersburg and the Leningrad Region “Russia”, and many other representatives of physical culture and sports of the city.

    The guests were greeted by the Director of the Institute of Physical Education, Sports and Tourism of SPbPU Valery Sushchenko: On behalf of our institute, I would like to sincerely congratulate all of us on the successful celebration of the 90th anniversary of the Department of Physical Education and Sports! This anniversary has become not only a significant milestone in the history of the department, but also a wonderful opportunity to remember all the achievements and people who have contributed to its development over all these years. I would like to thank everyone who came to share this important moment with us. It is not interesting to live in the present, forgetting the past and not dreaming about the future. Therefore, we treat our veterans with respect and warmth, honor traditions and perpetuate the memory of the worthy. Special thanks to all the teachers, staff and students who have actively worked and continue to work to improve the status of our department over the years.

    After this, a presentation of the department’s activities and an award ceremony took place. Awards “For Merit”, gratitude from the physical education and sports society of trade unions for contribution to the development of the department were presented to employees and teachers.

    Today, the department employs 49 highly qualified specialists. Among them, 14 teachers have an academic degree and 11 have an academic title. Currently, classes are held in specializations, where students can study based on their sports interests. There are ten specializations in total: fitness, martial arts, general physical training, strength sports, swimming, health technologies, sports games, orienteering and sports tourism, chess, phygital sports.

    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 –

  • MIL-OSI Europe: Written question – Are our future trade relations with China dependent on its ties to Russia? – E-001983/2024

    Source: European Parliament

    Question for written answer  E-001983/2024
    to the Commission
    Rule 144
    Mathilde Androuët (PfE)

    Beijing has lodged a complaint with the World Trade Organization against the EU’s customs duties for Chinese car manufacturers following an anti-subsidy investigation.

    By way of appeasement, the Commission announced on 20 August 2024 that the duties could be lowered[1]. The Commission is also concerned about the threat of countermeasures on EU brandy[2], and China’s anti-dumping investigations into EU pork and dairy exports, which it ‘will challenge vigorously in all available venues’[3].

    On 13 September 2024, Josep Borrell, Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, explained that ‘the Union is determined to continue to trade with China’ and to ‘avoid a trade war’, but that ‘future relations with China will also depend on how it behaves with regard to the Ukrainian conflict’, as ‘our greatest concern and geopolitical threat is Russia’[4].

    In the Commission’s view, will the scope and volume of our trade with China, and the activation of mechanisms to protect our industries, depend in future on Beijing hypothetically distancing itself from Moscow?

    Submitted: 8.10.2024

    • [1] ‘EU lowers tariffs on China-made EVs, signals softening trade stance’, Thomas Moller‑Nielsen, Euractiv, 21 August 2024.
    • [2] ‘China holds off on EU brandy tariffs but alleges dumping and damage’, Sofia Sanchez Manzanaro, Euractiv, 29 August 2024.
    • [3] ‘L’UE saisit l’OMC contre une enquête chinoise visant ses produits laitiers’ (L’Opinion with AFP), 23 September 2024.
    • [4] ‘Borrell: riformare l’Unione è difficile ma inevitabile’, Euractiv Italia, 13 September 2024, https://euractiv.it/section/mondo/interview/borrell-riformare-lunione-e-difficile-ma-inevitabile/.
    Last updated: 22 October 2024

    MIL OSI Europe News –

  • MIL-OSI Asia-Pac: Bharat Tex 2025 gains international momentum:

    Source: Government of India (2)

    Bharat Tex 2025 gains international momentum:

    Ministry of Textiles organises interaction session with over 30 Countries

    Bharat Tex 2025 to focus on scale, sustainability and skills

    India is looking at a shared future, a future that is sustainable, equitable and prosperous for all of us: Shri Pabitra Margherita

    Posted On: 22 OCT 2024 2:07PM by PIB Delhi

    Ministry of Textiles organized an interactive Session with Foreign Missions in India for Bharat Tex 2025 at Sushma Swaraj Bhawan, New Delhi yesterday. The event saw participation from over 30 Foreign Missions in India namely Australia, Azerbaijan, Brazil, Colombia, Chile, Denmark, Egypt, Finland, Indonesia, Italy, Kazakhstan, Kenya, Lesotho, Montenegro, Malaysia, Mongolia, Mexico, Peru, Philippines, Republic of Korea, Russia, Sri Lanka, Somalia, Taiwan, Togo, Thailand, Uzbekistan and Vietnam.

    Union Minister of State for External Affairs and Textiles, Shri Pabitra Margherita graced the event as the Chief Guest. The session was also attended by Secretary, Ministry of Textiles, Ms. Rachna Shah; Special Secretary, Ministry of External Affairs, Shri P. Kumaran; Additional Secretary, Ministry of Textiles, Shri Rohit Kansal; Trade Advisor, Ministry of Textiles, Ms. Shubhra; industry leaders and officials.

    Speaking on the occasion, the Minister invited the ambassadors and representatives of various countries to proactively participate in Bharat Tex 2025. Describing it as the largest and the most comprehensive textiles event ever, he described Bharat Tex as a unique effort to bring the entire value chain of textiles under one roof. He highlighted the entrepreneurial spirit of the Indian textile industry in finding innovative solutions for the challenges posed by the global textile industry. He underlined that Bharat Tex will reaffirm the attractiveness of India as a reliable, sustainable sourcing destination as well as an investment destination at a large scale for textiles. The sector has the potential to provide large scale employment across the value chain and touch the lives of people across all social spheres. With innovation, collaboration, and the Make in India spirit at its core, this event is an embodiment of the 5F vision of the Prime Minister- Farm to Fibre to Factory to Fashion to Foreign, he added.

     

    Ms. Rachna Shah also highlighted the role of Bharat Tex in the Global Textiles Industry. She invited the attendees to participate as a Partner Country in the mega textile global event. Further she emphasised on India’s focus on the Textiles sector with strong policy support backed by various incentives and schemes including PLI and PM-MITRA Parks.  

    Bharat Tex is a mega global textiles event being organized by a consortium of Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles. Scheduled to be held from February 14 to 17, 2025 BHARAT TEX 2025, is positioned as a global scale textile trade fair and knowledge platform. The event will be held simultaneously at two state of the art venues: Bharat Mandapam, New Delhi and India Expo Centre and Mart, Greater Noida. While the main event will be held from February 14-17 at the Bharat Mandapam and will cover the entire value chain of textiles, exhibitions pertaining to handicrafts, garment machinery and ethnic apparel will be held from February 12 to 15 at the India Expo Centre and Mart, Greater Noida.

    Bharat Tex 2025 aims to build on the resounding success of the first edition in 2024. Built around the twin themes of resilient global value chains and sustainability, this year’s show promises to be even more vibrant and attractive than the first edition, attracting top policymakers, global CEOs, international exhibitors, and global buyers. A record number of over 5,000 Exhibitors, 6,000 international buyers from over 110 countries and over 1, 20,000 visitors are expected to participate in this year’s event.

    The Bharat Tex 2025 exhibition will feature dedicated pavilions for Apparel, Home Furnishings, Floor Coverings, Fibres, Yarns, Threads, Fabrics, Carpets, Silk, Handlooms, Handicrafts, Technical Textiles, Apparel Machinery, Dyes & Chemicals and many more. It will also have a retail High Street focusing on India’s fashion retail market opportunities.

    The textile mega event will also provide a platform for global textiles dialogue covering conference, seminars, CEO roundtables, and B2B and G2G meetings across various key topics such as Industry 4.0, Sustainability, Global Value Chain, Investment, Trade among other areas.

    Attendees can look forward to live demonstrations, cultural events, and fashion presentations, designer and brand exhibitions and sustainability workshops, and expert talks. Bharat Tex 2025 aims to serve as a unique and consolidated platform to showcase India’s full textile value chain, while highlighting its strengths in fashion, traditional crafts, and sustainability initiatives.

    ***

    VN

    (Release ID: 2067001) Visitor Counter : 79

    MIL OSI Asia Pacific News –

  • MIL-OSI Canada: Strengthening Alberta’s economic partnerships abroad

    Source: Government of Canada regional news

    The minister will engage in trade missions to Argentina and the UAE from Oct. 21 to Nov. 9. During these missions, Minister Jones will meet with companies, potential investors and government officials in several high-value, in-demand sectors to discuss investment and trade opportunities for Alberta.

    Government-led trade missions enhance Alberta’s trade market access and help Alberta businesses diversify into new international markets.

    “Our government is committed to establishing strong relationships that connect Alberta businesses with key international partners. With Canada’s most investment-friendly environment, competitive tax system, highly educated workforce and robust research and development pipeline, Alberta is a competitive partner on the global stage. I am looking forward to showcasing Alberta’s world-class products, energy, agriculture and innovation to our partners in Argentina and the UAE. These missions will enhance collaboration, driving us toward a more prosperous future together.”

    Matt Jones, Minister of Jobs, Economy and Trade

    Minister Jones will participate in the Argentina Oil and Gas Patagonia Expo and speak at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). During a trade mission in 2023, Minister Jones made many connections at ADIPEC. This year’s participation will further strengthen those relationships while showcasing Alberta’s innovative energy solutions and helping Alberta-based companies establish new business partnerships.

    Minister Jones will be joined by three government employees. Mission expenses will be posted on the travel and expense disclosure page.

    Alberta’s government is committed to working with its national and international partners to advance shared interests that can lead to new opportunities for people and businesses in Alberta and around the world.

    Quick facts

    • In 2023, Alberta exported about $126 million worth of goods to Argentina.
      • Top exports included filtering/purifying machinery and apparatuses for gases ($71.2 million), air or other gas compressors ($5.1 million) and aircraft ($3.7 million). 
    • In 2023, Alberta exported almost $242 million to the UAE.
      • Top exports included food and agriculture ($130.6 million), machinery ($82.9 million) and metal, stone or glass ($13.1 million).
    • Trade missions to priority markets are one way Alberta’s government is helping small- and medium-sized businesses get their products to international markets, making Alberta’s economy more resilient.

    Itinerary for Minister Jones*

    Oct. 21-22
    • Travel to Neuquén, Argentina

    Oct. 23-25
    • Meetings and briefings in Neuquén

    Oct. 26
    • Travel to Buenos Aires, Argentina

    Oct. 27-29
    • Meetings and briefings in Buenos Aires

    Oct. 29-31
    • Travel to Abu Dhabi, UAE

    Nov. 1-6
    • Meetings and briefings in Abu Dhabi

    Nov. 5
    • Participate in ADIPEC ministerial panel

    Nov. 6
    • Travel to Dubai
    • Meetings and briefings in Dubai

    Nov. 7-8
    • Meetings and briefings in Dubai

    Nov. 9
    • Return to Alberta

    *Subject to change.

    Related information

    • Abu Dhabi International Petroleum Exhibition and Conference
    • Argentina Oil and Gas Patagonia Expo

    MIL OSI Canada News –

  • MIL-OSI: Defiance Launches XMAG The First ETF Offering Exposure to the S&P 500 Excluding the “Magnificent 7” Tech Giants

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Oct. 22, 2024 (GLOBE NEWSWIRE) — Defiance, a leading innovator in exchange-traded funds (ETFs), today announces the launch of the Defiance Large Cap Ex-Magnificent Seven ETF (XMAG). The ETF will be the first of its kind, offering investors exposure to equities in the S&P 500 without the inclusion of the Magnificent Seven (“Mag 7”) (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla). XMAG offers a unique opportunity for investors to access the broader market while reducing concentration risk in these dominant tech stocks.

    Many investors that use diversified investment funds have seen their portfolios increasingly concentrated in exposure to the Mag 7, which represent large holdings across tech-, growth-, and innovation-focused strategies.

    “We have heard loud and clear from institutional investors and advisors that they’re increasingly concerned about their sizable exposure to the Mag 7,” said Sylvia Jablonski, CEO and CIO of Defiance ETFs. “Even clients who believe that the Mag 7 will continue to grow have seen their portfolios become engulfed by these companies, and they’re looking for a solution. With XMAG, we’re providing the market with the broad-based, diversified exposure that investors have always sought with the S&P 500. In offering this in an ETF, we’re making the process of screening seven companies out of an index of 500 more efficient, and we’re excited to see the market’s reception to it.”

    About The Index

    The BITA US 500 ex Magnificent 7 Index aims to provide a comprehensive and balanced representation of the U.S. equity market by including the largest 500 publicly traded securities, while specifically excluding the seven largest technology giants commonly referred to as the “Magnificent 7.”

    This approach ensures more diversified exposure, mitigating the overconcentration risks associated with the market’s most dominant funds. The index constituents are weighted based on free-float market capitalization and rebalanced quarterly. Index values are disseminated on an end-of-day basis.

    About Defiance ETFs

    Founded in 2018, Defiance is a leading ETF issuer specializing in leveraged and thematic ETFs. Our suite of first-mover products allows investors to take targeted positions on disruptive innovations.

    Contact:
    Frank Taylor / Sarah Lazarus
    Defiance@DLPR.com

    Important Disclosures

    Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).

    The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and / or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.

    Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk.

    Tracking Error Risk. As with all index funds, the performance of the Fund and the Index may differ from each other for a variety of reasons.

    Large-Capitalization Investing. The securities of large-capitalization companies may be relatively mature compared to smaller companies and therefore subject to slower growth during times of economic expansion. Large-capitalization companies may also be unable to respond quickly to new competitive challenges, such as changes in technology and consumer tastes.

    Market Events Risk. The Fund’s investments are subject to changes in general economic conditions, general market fluctuations and the risks inherent in investment in securities and other financial instruments. Investment markets can be volatile and prices of investments can change substantially due to various factors.

    Passive Investment Risk. The Fund is not actively managed and does not attempt to outperform the Index or take defensive positions in declining markets. As a result, the Fund’s performance may be adversely affected by a general decline in the market segments relating to the Index.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Diversification does not ensure a profit nor protect against loss in a declining market.

    Brokerage Commissions may be charged on trades.

    The Fund holds 0% in Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla.

    XMAG is distributed by Foreside Fund Services, LLC.

    A photo accompanying this announcement is available at: 
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1578c4c6-57a2-4dc4-b82f-5a180fbc8052

    The MIL Network –

  • MIL-OSI Economics: BaFin warns consumers about a further FinFlex website: finflex.info

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    On 9 August 2024, BaFin issued a warning about FinFlex and its website finflex.org, which has since been deactivated. The unknown operators are now using the nearly identical website finflex.info. BaFin suspects the operators of the websites of offering consumers financial and investment services on these platforms without the required authorisation.

    The content of the websites is identical to other platforms that BaFin has previously warned consumers about and that display the same opening sentence: “Upgrade Your Trading With…”.

    Anyone conducting banking business or providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether particular companies have been authorised by BaFin can be found in BaFin’s database of companies.

    Theinformation provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: OPSS issues children’s Halloween costume warning

    Source: United Kingdom – Executive Government & Departments

    Public asked to be vigilant following tests.

    The Office for Product Safety and Standards (OPSS) has asked the public to be vigilant following tests carried out on Halloween fancy dress costumes for children.

    Tests on 128 costumes aimed at under seven years olds found more than 80 per cent failed basic safety tests, including those for flammability and strangulation from cords.

    Costumes were purchased from a range of online marketplaces and tested against the Safety of Toys Regulations 2011. All those which failed have since been removed from sale by the platforms.

    OPSS is now urging the public to always buy costumes from trusted sources and take care when near fires, particularly open flames.

    Head and neck drawstrings or cords can also strangle or entrap children so always check for long cords or other strangulation hazards.

    Said OPSS Chief Executive Graham Russell:

    Fancy dress can be an enjoyable part of Halloween, but our tests show many costumes for sale, particularly those online, pose serious risks to young children. Please take extra care before you buy.

    Tests conducted June 2024

    Standards tested against Number of items tested Pass Fail Inconclusive
    BS EN 71-2: 202) – Flammability of toys 128 99 28 1
    BS EN 14682:2014 – Safety of children’s clothing. Cords and drawstrings on children’s clothing 73 14 59 0
    Labelling 128 30 98 0

    Products are required to have the following labelling requirements:

    • Reg 18 CE (or UKCA mark)
    • Reg 19 Type, batch or serial or model number
    • Reg 19 Manufacturer name, trade name or trademark
    • Reg 19 Single manufacturer address
    • Reg 20 Suitable instructions safety information
    • Reg 27 Importer’s name, trade name or trademark
    • Reg 27 Importer’s UK/EU address

    Updates to this page

    Published 22 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI USA: UConn Ranked Among Top U.S. Universities for Patent Issuances

    Source: US State of Connecticut

    UConn has been named one of the top 100 universities for patent issuances by the National Academy of Inventors (NAI).

    UConn is number 72 on this list. In 2023, UConn inventions received 25 U.S. patents.

    “It’s a great feeling,” says Abhijit Banerjee, UConn associate vice president for innovation and entrepreneurship. “I think it’s a reflection of the University’s total research mission as well as the accomplishments our faculty and scientists are doing every day. Increasing in patents is just one reflection of that.”

    Published annually, this list highlights and celebrates U.S. universities that play a large role in advancing innovation and invention in the United States. NAI has published rankings since 2013, starting with the Top 100 Worldwide Universities list. Last year, they introduced the Top 100 U.S. Universities rankings.

    The National Academy of Inventors bases its list on data from the U.S. Patent and Trademark Office.

    By filing patents, UConn helps researchers protect their work from infringement by others. Technology Commercialization Services (TCS) actively commercializes patents for licensing to third parties and to support the creation of startups.

    A vast majority, approximately 90%, of UConn’s provisional patents are filed in-house with two attorneys hired in 2021. A fraction of provisional patents may still require the support of external law firms with expertise in special topics.

    This strategy has vastly reduced the cost of filing patents and helped UConn develop a more targeted strategy about what to patent based on the market it would be entering and its commercialization potential. It has also supported filing quality patents and better coordination with external law firms.

    TCS periodically reviews the University’s patent portfolio to identify patents for continuation, commercialization, infringement, and portfolio development.

    The University’s patent portfolios help demonstrate areas of research expertise, such as climate and sustainability.

    TCS not only supports researchers in filing patents but defends those patents in court if they are infringed.

    “At UConn, Technology Commercialization Services is the guardian angel for protecting our patents,” Banerjee says. “We are the ones that preserve one of the University’s most valuable assets which is intellectual property.”

    UConn’s patenting strategy reflects the University’s commitment to supporting research and innovation that contributes to the public good, Banerjee says.

    “Patents are a testament to faculty’s contribution to the field,” Banerjee says. “And it demonstrates faculty’s inclination towards research commercialization, entrepreneurship, and, most importantly from the University’s standpoint, having these patents do public good in the future.”

    MIL OSI USA News –

  • MIL-OSI Europe: Government Approves Enhancements to Irish SME Test

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    22nd October 2024

    The Minister for Enterprise Trade and Employment, Peter Burke TD, today welcomed the Government decision to agree the revised guidelines and template for the application of the SME Test. The enhanced Test will be rigorously applied by all Government Departments to major new measures that will directly or indirectly impact small and medium sized enterprises.

    Minister Burke TD said:

    “The revised SME Test will help to ensure the ‘think small first’ principle is thoroughly applied to new measures as they are being developed. This will ensure that potential impacts on SMEs are fully considered, and mitigations are applied where appropriate.

    “Under the new guidelines, all primary and secondary legislative proposals, new policies and strategies, and all SIs (Statutory Instruments) will need to carry out an SME Test or provide an explanation why one is not necessary. It’s part of a further emphasis being placed by Government on supports for family businesses, indigenous enterprises and home-grown SMEs to reduce red tape and regulatory burden.”

    The SME Test is an impact assessment tool that has been designed to assist policymakers consider the SME perspective when making any new policies, legislation (primary or secondary), or regulatory compliance requirements.

    The objective of the SME Test is to ensure the ease of use, understanding and application of policy requirements on SMEs. The Test identifies disproportionate impacts on SMEs and encourages policymakers to propose alternative policy options or mitigating measures to minimise the impact on small businesses, and to ensure that the regulatory environment allows SMEs to operate, grow and scale-up.

    In addition to rigorously applying the new SME Test, Government has also recently committed to consult with business to identify additional areas across Departments/Agencies where the regulatory burden could be reduced.

    A cross-government network has developed the enhanced SME Test and will continue to work together on implementation. Strengthening the language used in the guidance and adding clarity as to when and where it should be applied, as well as including more detailed screening questions and emphasising the need for consultation will ensure the SME test becomes an even more useful tool for policy makers.

    ENDS

    Back to Department News

    Back to Top

    MIL OSI Europe News –

  • MIL-OSI: American Medical Association Approves Groundbreaking New CPT Codes for Totally Implantable Active Middle Ear Hearing Implants Opening New Opportunities for Envoy Medical’s Esteem® Device

    Source: GlobeNewswire (MIL-OSI)

    The Esteem® device is the only totally implantable active middle ear implant with FDA Approval, allowing the Company to be the first to capitalize on the new codes

    WHITE BEAR LAKE, Minnesota, Oct. 22, 2024 (GLOBE NEWSWIRE) — Envoy Medical, Inc. (NASDAQ: COCH), a market leader in fully implanted hearing devices, today announced that the American Medical Association (AMA) Current Procedural Terminology (CPT) Editorial Panel has approved five Category III CPT codes for totally implantable active middle ear implants (AMEI), a crucial development for the Company’s already FDA-approved Esteem® product.

    This marks the first time that there will be CPT codes for totally implantable active middle ear hearing implants like the Esteem® device. The previous lack of CPT codes effectively limited market adoption of and prevented access to these groundbreaking, fully implanted hearing devices. With a new set of CPT codes, a path to reimbursement for the breakthrough Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI) may begin to take shape.

    CPT codes are used by healthcare professionals and insurers to identify, track, and pay for medical services and procedures. If a medical service or procedure does not have coding, insurance reimbursement can be challenging.

    “Today’s announcement is a seminal moment for Envoy Medical and one that we will work to capitalize on for patients suffering with hearing loss who want access to groundbreaking technologies,” said Brent Lucas, CEO of Envoy Medical, “We have a breakthrough hearing device in our Esteem® fully implanted active middle ear implant. We know it is a device more people with hearing loss want to pursue. Today brings us one step closer to altering the hearing healthcare landscape by providing hearing loss patients with another viable solution.”

    Category III CPT codes are temporary codes for emerging technologies, services, and procedures. The inclusion of a descriptor and its associated code number in the CPT code set does not represent endorsement by the American Medical Association of any particular diagnostic or therapeutic procedure/service. Inclusion or exclusion of a procedure/service does not imply any health insurance coverage or reimbursement policy.

    “The Esteem® product is a viable hearing solution for the right candidate and we look forward to reinvigorating our efforts around this product now that the codes have been approved,” continued Lucas. “We have some exciting ideas about improvements to the Esteem® device and look forward to furthering our lead in fully implanted hearing technologies. We will continue to act as a disrupter and push the industry forward, which we believe will lead to more innovation and meaningful change.”

    Category III codes that were approved at the September 2024 meeting (found here) will be posted to the AMA CPT website by January 1, 2025 with an effective implementation date of July 1, 2025.

    About the Esteem® Fully Implanted Active Middle Ear Implant (FI-AMEI)

    The Esteem fully implanted active middle ear implant (FI-AMEI) is the only FDA-approved, fully implanted* hearing device for adults diagnosed with moderate to severe sensorineural hearing loss allowing for 24/7 hearing capability using the ear’s natural anatomy. The Esteem FI-AMEI hearing implant is invisible and requires no externally worn components and nothing is placed in the ear canal for it to function. Unlike hearing aids, you never put it on or take it off. You can’t lose it. You don’t clean it. The Esteem FI-AMEI hearing implant offers true 24/7 hearing.

    *Once activated, the external Esteem FI-AMEI Personal Programmer is not required for daily use.

    Important safety information for the Esteem FI-AMEI can be found at: https://www.envoymedical.com/safety-information.

    About the Fully Implanted Acclaim® Cochlear Implant

    We believe the fully implanted Acclaim Cochlear Implant (“Acclaim CI”) will be a first-of-its-kind fully implanted cochlear implant. Envoy Medical’s fully implanted technology includes a sensor designed to leverage the natural anatomy of the ear instead of a microphone to capture sound.

    The Acclaim CI is designed to address severe to profound sensorineural hearing loss that is not adequately addressed by hearing aids. The Acclaim CI is expected to be indicated for adults who have been deemed adequate candidates by a qualified physician.

    The Acclaim Cochlear Implant received the Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) in 2019. We believe the Acclaim CI was the first hearing-focused device to receive Breakthrough Device Designation.

    CAUTION The fully implanted Acclaim Cochlear Implant is an investigational device. Limited by Federal (or United States) law to investigational use.

    Additional Information and Where to Find It

    Copies of the documents filed by Envoy Medical with the SEC may be obtained free of charge at the SEC’s website at http://www.sec.gov.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-Looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Such statements may include, but are not limited to, statements regarding the expectations of Envoy Medical concerning the outlook for its business, productivity, plans and goals for future operational improvements and capital investments; the future market trading performance of our Class A Common Stock; the future size of the market for our products; the performance and benefits of our products in comparison to competitor products; the benefits of intellectual property developed by Envoy; the impact of CPT codes for active middle ear hearing devices on reimbursement for our on the hearing health market, reimbursement for the Esteem FI-AMEI device, the further development of the Esteem FI-AMEI device, and the Envoy Medical business; and future market conditions or economic performance, as well as any information concerning possible or assumed future operations of Envoy Medical. The forward-looking statements contained in this press release reflect Envoy Medical’s current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause its actual results to differ significantly from those expressed in any forward-looking statement. Envoy Medical does not guarantee that the events described will happen as described (or that they will happen at all). These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to changes in the market price of shares of Envoy Medical’s Class A Common Stock; changes in or removal of Envoy Medical’s shares inclusion in any index; Envoy Medical’s success in retaining or recruiting, or changes required in, its officers, key employees or directors; unpredictability in the medical device industry, the regulatory process to approve medical devices, and the clinical development process of Envoy Medical products; competition in the medical device industry, and the failure to introduce new products and services in a timely manner or at competitive prices to compete successfully against competitors; disruptions in relationships with Envoy Medical’s suppliers, or disruptions in Envoy Medical’s own production capabilities for some of the key components and materials of its products; changes in the need for capital and the availability of financing and capital to fund these needs; changes in interest rates or rates of inflation; legal, regulatory and other proceedings could be costly and time-consuming to defend; changes in applicable laws or regulations, or the application thereof on Envoy Medical; a loss of any of Envoy Medical’s key intellectual property rights or failure to adequately protect intellectual property rights; the effects of catastrophic events, including war, terrorism and other international conflicts; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward Looking Statements” in the Annual Report on Form 10-K filed by Envoy Medical on April 1, 2024, and in other reports Envoy Medical files, with the SEC. If any of these risks materialize or Envoy Medical’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While forward-looking statements reflect Envoy Medical’s good faith beliefs, they are not guarantees of future performance. Envoy Medical disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Envoy Medical. 

    ###

    Investor Contact:
    CORE IR
    516-222-2560
    investorrelations@envoymedical.com

    The MIL Network –

  • MIL-OSI: Asset Entities Inc. is Pleased to Announce that it has Received an Extension from Nasdaq to Regain Compliance with Nasdaq Listing Rule 5550(b)

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced that it had been granted an extension until February 17, 2025, to regain compliance with Nasdaq Listing Rule 5550(b)(1).

    As previously disclosed, on August 21, 2024, the Company received a written notification from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum $2,500,000 stockholders’ equity requirement set forth in Nasdaq Listing Rule 5550(b)(1) for continued listing on The Nasdaq Capital Market tier of Nasdaq. In accordance with Nasdaq rules, the Company was provided 45 calendar days, or until October 7, 2024, to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1).

    On October 7, 2024, Asset Entities presented a strategic plan to the Nasdaq staff detailing both immediate and long-term strategies to regain compliance with the requirements outlined in Nasdaq Listing Rule 5550(b)(1). This comprehensive plan encompassed a series of decisive steps, including reducing operating costs and pursuing additional capital through various strategic financing options. The plan was crafted to meet Nasdaq’s immediate compliance requirements and to strengthen the Company’s overall financial position and operational efficiency.

    Following a recent submission of the Company’s plan to the Nasdaq staff, the Nasdaq staff issued an extension on October 17, 2024, granting Asset Entities until February 17, 2025, to demonstrate full compliance with Nasdaq Listing Rule 5550(b), which requires a minimum stockholders’ equity of $2,500,000.

    Asset Entities has taken steps to fully comply by aggressively working to improve its financial strength and operations. These efforts include ongoing cost reduction initiatives and raising additional capital for future acquisitions, including by utilizing its existing at-the-market offering, and expects to take further action so that Asset Entities can meet the $2,500,000 stockholders’ equity requirement by the February 17, 2025 deadline.

    Arshia Sarkhani, CEO of Asset Entities, stated: “We are encouraged by Nasdaq’s recognition of our efforts and the additional time granted to meet the equity requirement. Our team is committed to adhering to our plan and ensuring regulatory compliance. Our goal is to ensure that we can continue our expansion and further development of our Discord and social media services, and we are strongly encouraged by the significant increase in revenues over the last year, which we believe will continue to grow with the anticipated future acquisitions and new AE.360.DDM contracts.”

    To learn about Asset Entities, please go to http://www.assetentities.com. To learn about the Ternary payment platform, please go to http://www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to http://www.ae360ddm.com and https://discord.gg/ae360ddm.  

    About Asset Entities Inc.

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    Important Cautions Regarding Forward-Looking Statements

    This press release contains forward-looking statements. In addition, from time to time, representatives of the Company may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which are derived from the information currently available to the Company. Such forward-looking statements relate to future events or the Company’s future performance, including its financial performance and projections, growth in revenue and earnings, and business prospects and opportunities. Forward-looking statements can be identified by those statements that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors including those that are described in the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

    Company Contacts:
    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

    Investor Contact:
    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    The MIL Network –

  • MIL-OSI: Central 1 concludes digital banking review

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 22, 2024 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) today announced its intention to wind down its digital banking business and transition clients to one or more alternative digital banking providers.

    Central 1’s digital banking business provides online and mobile banking applications to credit unions and other financial institutions. The decision follows a comprehensive strategic review of this business, concluding that the investment and innovation required to meet the needs of clients and sustain the company’s digital banking offering into the future would not be sustainable over the long term.

    “The Central 1 team reviewed several strategic alternatives with deep consideration for our clients’, stakeholders’ and Central 1’s interests,” explained Sheila Vokey, CEO of Central 1. “Though this is not the outcome we were striving for, our team is committed to supporting our clients through a smooth transition to an alternative digital banking solution.”

    “Central 1 remains committed to continue being an aggregator for credit unions and other financial service providers for clearing and settlements, payments and treasury services,” said Shelley McDade, Board Chair of Central 1.

    Central 1 is currently completing the necessary planning to support clients to smoothly transition to other provider(s). While no firm date has been set for completing this transition, Central 1 is working with digital banking providers and clients to complete transitions within a three to four year timeline.

    About Central 1: Central 1 cooperatively empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $11.2 billion as of June 30, 2024, Central 1 provides critical payments, treasury and clearing and settlement services at scale to enable the credit union system. We do this by collaborating with our clients, developing strategies, products, and services to support the financial well-being of their more than five million diverse customers in communities across Canada. For more information, visit http://www.central1.com.

    Caution Regarding Forward Looking Statements
    This press release and announcement contains historical and forward-looking statements. All statements and other information about anticipated future events may constitute “forward-looking information” under Canadian securities laws. These include, without limitation, statements relating to Central 1’s intention to wind down its digital banking business, and the timeline and processes relating to the same, Central 1’s plans to transition its clients to alternative digital banking providers, as well as statements that contain the words “may,” “will,” “intends” and “anticipates” and other similar words and expressions.

    Forward-looking information are or may be based on assumptions, uncertainties, and management’s best estimates of future events. Central 1 has based the forward-looking statements on current plans, information, data, estimates, expectations, and projections about, among other things, results of operations, financial, condition, prospects, strategies and future events, and therefore undue reliance should not be placed on them. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made. Actual results may differ materially from those currently anticipated. Securityholders are cautioned that such forward-looking statements involve risks and uncertainties. Certain important assumptions by Central 1 in making forward-looking statements include, but are not limited to, competitive conditions, economic conditions and regulatory considerations. Important risk factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include economic risks, regulatory risks (including legislative and regulatory developments), risks and uncertainty from the impact of rising or falling interest rates, information technology and cyber risks, environmental and social risk (including climate change), digital disruption and innovation, reputation risk, competitive risk, privacy, data and third-party related risks, risks related to business and operations, risks relating to the transition of clients to alternative digital banking providers, and other risks detailed from time to time in Central 1’s periodic reports filed with securities regulators. Given these risks, the reader is cautioned not to place undue reliance on forward-looking statements. Central 1 undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

    Contact
    Amanda LeNeve
    AVP, Communications & Marketing
    Central 1
    E aleneve@central1.com

    The MIL Network –

  • MIL-OSI: Exclusive Markets Honoured with “Top Trusted Financial Institution in the Financial Markets” Award in 2024

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 22, 2024 (GLOBE NEWSWIRE) — Exclusive Markets, a globally celebrated online multi-asset trading platform, has been awarded the prestigious title of Top Trusted Financial Institution in the Financial Markets, by Top 100 Trusted Financial Institutions at the Middle East Financial Markets Awards Ceremony 2024 | 2ndedition, held in Dubai. This recognition marks yet another milestone in the company’s continued journey of excellence and trust-building within the financial industry.

    Trust is the cornerstone of Exclusive Markets’ operations. As a financial institution operating in highly dynamic and complex global markets, the company has consistently prioritised transparency, integrity, and reliability in every aspect of its service. From secure trading platforms to customer-first policies, Exclusive Markets has set itself apart by fostering a deep sense of trust among its clients, enabling them to confidently navigate the world of trading.

    While receiving the award, Lambros Lambrou, CEO of Exclusive Markets, expressed his gratitude for this recognition, stating, “At Exclusive Markets, trust isn’t just a value, it’s a fundamental part of who we are. Receiving the ‘Top Trusted Financial Institution’ award is an incredible honour and a reflection of our ongoing efforts to ensure our clients and partners feel secure and supported at every step of their trading journey.”

    This award highlights the growing importance of trust in the financial markets, especially as traders seek reliable partners in an increasingly complex landscape. As Exclusive Markets continues to evolve and innovate, its commitment to fostering trust will remain at the forefront of its mission, paving the way for continued growth and success in the global financial arena.

    About Exclusive Markets

    Exclusive Markets is dedicated to providing traders with a robust, secure, and transparent platform for investing in a variety of financial instruments. With a focus on cutting-edge technology and holding ISO/IEC 27001:2013 Certification by MSECB, Exclusive Markets offers traders an exceptional platform that seamlessly integrates advanced features with user-friendly interfaces.

    Traders can access a wide array of trading instruments, including CFD stocks, commodities, forex, and spot metals. The company’s expert team is committed to meeting the evolving needs of its clients by continually expanding its range of products and services, allowing traders to invest according to their preferences.

    Risk Warning: Trading involves risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6274d2b5-b001-47e1-bf0d-224d1e190174

    The MIL Network –

  • MIL-OSI Global: Women are at a higher risk of dying from heart disease − in part because doctors don’t take major sex and gender differences into account

    Source: The Conversation – USA – By Amy Huebschmann, Professor of Medicine, University of Colorado Anschutz Medical Campus

    Rates of heart disease and cardiac events in women are often underestimated. eternalcreative/iStock via Getty Images

    A simple difference in the genetic code – two X chromosomes versus one X chromosome and one Y chromosome – can lead to major differences in heart disease. It turns out that these genetic differences influence more than just sex organs and sex assigned at birth – they fundamentally alter the way cardiovascular disease develops and presents.

    While sex influences the mechanisms behind how cardiovascular disease develops, gender plays a role in how health care providers recognize and manage it. Sex refers to biological characteristics such as genetics, hormones, anatomy and physiology, while gender refers to social, psychological and cultural constructs. Women are more likely to die after a first heart attack or stroke than men. Women are also more likely to have additional or different heart attack symptoms that go beyond chest pain, such as nausea, jaw pain, dizziness and fatigue. It is often difficult to fully disentangle the influences of sex on cardiovascular disease outcomes versus the influences of gender.

    While women who haven’t entered menopause have a lower risk of cardiovascular disease than men, their cardiovascular risk accelerates dramatically after menopause. In addition, if a woman has Type 2 diabetes, her risk of heart attack accelerates to be equivalent to that of men, even if the woman with diabetes has not yet gone through menopause. Further data is needed to better understand differences in cardiovascular disease risk among nonbinary and transgender patients.

    Despite these differences, one key thing is the same: Heart attack, stroke and other forms of cardiovascular disease are the leading cause of death for all people, regardless of sex or gender.

    We are researchers who study women’s health and the way cardiovascular disease develops and presents differently in women and men. Our work has identified a crucial need to update medical guidelines with more sex-specific approaches to diagnosis and treatment in order to improve health outcomes for all.

    Gender differences in heart disease

    The reasons behind sex and gender differences in cardiovascular disease are not completely known. Nor are the distinct biological effects of sex, such as hormonal and genetic factors, versus gender, such as social, cultural and psychological factors, clearly differentiated.

    What researchers do know is that the accumulated evidence of what good heart care should look like for women compared with men has as many holes in it as Swiss cheese. Medical evidence for treating cardiovascular disease often comes from trials that excluded women, since women for the most part weren’t included in scientific research until the NIH Revitalization Act of 1993. For example, current guidelines to treat cardiovascular risk factors such as high blood pressure are based primarily on data from men. This is despite evidence that differences in the way that cardiovascular disease develops leads women to experience cardiovascular disease differently.

    Gender biases in health care influence the kind of tests and attention that women receive.
    FG Trade Latin/E+ via Getty Images

    In addition to sex differences, implicit gender biases among providers and gendered social norms among patients lead clinicians to underestimate the risk of cardiac events in women compared with men. These biases play a role in why women are more likely than men to die from cardiac events. For example, for patients with symptoms that are borderline for cardiovascular disease, clinicians tend to be more aggressive in ordering artery imaging for men than for women. One study linked this tendency to order less aggressive tests for women partly to a gender bias that men are more open than women to taking risks.

    In a study of about 3,000 patients with a recent heart attack, women were less likely than men to think that their heart attack symptoms were due to a heart condition. Additionally, most women do not know that cardiovascular disease is the No. 1 cause of death among women. Overall, women’s misperceptions of their own risk may hold them back from getting a doctor to check out possible symptoms of a heart attack or stroke.

    These issues are further exacerbated for women of color. Lack of access to health care and additional challenges drive health disparities among underrepresented racial and ethnic minority populations.

    Sex difference in heart disease

    Cardiovascular disease physically looks different for women and men, specifically in the plaque buildup on artery walls that contributes to illness.

    Women have fewer cholesterol crystals and fewer calcium deposits in their artery plaque than men do. Physiological differences in the smallest blood vessels feeding the heart also play a role in cardiovascular outcomes.

    Women are more likely than men to have cardiovascular disease that presents as multiple narrowed arteries that are not fully “clogged,” resulting in chest pain because blood flow can’t ratchet up enough to meet higher oxygen demands with exercise, much like a low-flow showerhead. When chest pain presents in this way, doctors call this condition ischemia and no obstructive coronary arteries. In comparison, men are more likely to have a “clogged” artery in a concentrated area that can be opened up with a stent or with cardiac bypass surgery. Options for multiple narrowed arteries have lagged behind treatment options for typical “clogged” arteries, which puts women at a disadvantage.

    In addition, in the early stages of a heart attack, the levels of blood markers that indicate damage to the heart are lower in women than in men. This can lead to more missed diagnoses of coronary artery disease in women compared with men.

    The reasons for these differences are not fully clear. Some potential factors include differences in artery plaque composition that make men’s plaque more likely to rupture or burst and women’s plaque more likely to erode. Women also have lower heart mass and smaller arteries than men even after taking body size into consideration.

    Reducing sex disparities

    Too often, women with symptoms of cardiovascular disease are sent away from doctor’s offices because of gender biases that “women don’t get heart disease.”

    Considering how symptoms of cardiovascular disease vary by sex and gender could help doctors better care for all patients.

    One way that the rubber is meeting the road is with regard to better approaches to diagnosing heart attacks for women and men. Specifically, when diagnosing heart attacks, using sex-specific cutoffs for blood tests that measure heart damage – called high-sensitivity troponin tests – can improve their accuracy, decreasing missed diagnoses, or false negatives, in women while also decreasing overdiagnoses, or false positives, in men.

    Our research laboratory’s leaders,collaborators and other internationally recognized research colleagues – some of whom partner with our Ludeman Family Center for Women’s Health Research on the University of Colorado Anschutz Medical Campus – will continue this important work to close this gap between the sexes in health care. Research in this field is critical to shine a light on ways clinicians can better address sex-specific symptoms and to bring forward more tailored treatments.

    The Biden administration’s recent executive order to advance women’s health research is paving the way for research to go beyond just understanding what causes sex differences in cardiovascular disease. Developing and testing right-sized approaches to care for each patient can help achieve better health for all.

    Amy Huebschmann receives funding from the National Institutes of Health, the National Heart Lung Blood Institute, the National Cancer Institute, the National Institute of Diabetes and Digestive and Kidney Diseases, the United States Health Resources and Services Administration and the University of Colorado Anschutz Medical Campus.The opinions expressed in this article are the author’s own and do not reflect the view of the National Institutes of Health, the Department of Health and Human Services, or the United States government.

    Judith Regensteiner receives funding from the National Institutes of Health focused on sex differences in the cardiovascular consequences of type 2 diabetes. She also has a mentoring grant from the NIH.

    – ref. Women are at a higher risk of dying from heart disease − in part because doctors don’t take major sex and gender differences into account – https://theconversation.com/women-are-at-a-higher-risk-of-dying-from-heart-disease-in-part-because-doctors-dont-take-major-sex-and-gender-differences-into-account-233861

    MIL OSI – Global Reports –

  • MIL-OSI: Exclusive Markets Receives Top Honors at International Business Magazine Awards 2024

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 22, 2024 (GLOBE NEWSWIRE) — Exclusive Markets, a globally renowned leader in online multi-asset trading, has once again showcased its commitment to excellence by holding several prestigious awards at the highly esteemed International Business Magazine Awards 2024. The company has emerged victorious in the following categories:

    • Most Trusted Forex Broker Global 2024
    • Best FX Broker Global 2024
    • Best Customer Support Global 2024
    • Best Partners Program Global 2024
    • Most Transparent Broker Asia 2024

    These esteemed awards reaffirm Exclusive Markets’ steady dedication to setting new benchmarks in the industry and delivering unmatched service to its worldwide clientele. The company’s forward-thinking strategies, which are always at the forefront of industry trends, its emphasis on transparency, and its unwavering focus on providing exceptional experiences for traders and partners have set it apart in the fiercely competitive market.

    The official award presentation is scheduled to take place at the prestigious Grand Annual Awards Ceremony 2024 in the luxurious Atlantis, The Palm, Dubai, UAE, later this year. This highly anticipated event, set for Q4, will bring together top professionals from the global finance industry to celebrate outstanding achievements and innovation.

    Hemant Kumar, Exclusive Markets’ CMO, expressed his gratitude, remarking, “Securing 5 prestigious awards is a testament to our relentless pursuit of excellence and the firm trust that our clients and partners have placed in us. Our entire team has worked tirelessly to uphold these values, and we take immense pride in seeing our efforts acknowledged on such a prestigious platform.”

    With these remarkable awards, Exclusive Markets has further solidified its position as a revered leader in the Forex trading industry, strengthening its reputation as a company that prioritizes partnerships and remains dedicated to delivering unparalleled client satisfaction!

    About Exclusive Markets

    Exclusive Markets is dedicated to providing traders with a robust, secure, and transparent platform for investing in a variety of financial instruments. With a focus on cutting-edge technology and holding ISO/IEC 27001:2013 Certification by MSECB, Exclusive Markets offers traders an exceptional platform that seamlessly integrates advanced features with user-friendly interfaces.

    Traders can access a wide array of trading instruments, including CFD stocks, commodities, forex, and spot metals. The company’s expert team is committed to meeting the evolving needs of its clients by continually expanding its range of products and services, allowing traders to invest according to their preferences.

    Risk Warning: Trading involves risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f223189a-99c1-4610-bd6c-84d9a48d6f66

    The MIL Network –

  • MIL-OSI Europe: Helping cancer patients and survivors to remain in and return to work

    Source: European Union 2

    Today, the Commission has published a study that maps policies and good practices in the EU and EEA/EFTA that help cancer patients and those with a history of cancer to remain in and return to work. This study is one of the key deliverables of Europe’s Beating Cancer Plan to support job retention and return to work for cancer patients and survivors.

    The study presents several recommendations to address gaps, obstacles and remaining challenges, such as the need to expand and strengthen national policy and rules to include more cancer-specific measures, to reinforce monitoring and enforcement mechanisms and increase awareness-raising. Among the key findings is the current lack of dedicated national legislative frameworks for job retention and/or reintegration specifically for cancer patients and survivors in many countries. However, the study also found that many organisations have supporting measures in place, and some countries have more general policies to support persons with chronic diseases or disabilities. The report’s findings come after broad consultation with stakeholders. It includes factsheets on the situation for each country and good practices identified.

    Stella Kyriakides, Commissioner for Health and Food Safety, said: “This study focuses on the need to improve the quality of life for those whose lives have been touched by cancer, one of the key action areas of Europe’s Beating Cancer Plan. It shows that although we have achieved significant progress in terms of cancer survival rates, many challenges remain in managing daily life with cancer. We must break the stigma that may affect persons touched by this disease and protect the right to return to work, to stay employed and ensure there is no discrimination. This is the beginning of the conversation: we will now analyse the results and encourage stakeholders to engage in discussions on how to turn the challenges of today into opportunities for tomorrow.”

    More information

    MIL OSI Europe News –

  • MIL-OSI Security: U.S. Attorney’s Office for the Southern District of Florida Supports Justice Department’s Nationwide Election Day Program

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    Ahead of the Threat Podcast: Episode Zero

    Welcome to Ahead of the Threat, the FBI’s new podcast miniseries that brings together an FBI cyber executive and a private sector chief information security officer. Join Bryan Vorndran, assistant director of the FBI’s Cyber Division, and Jamil Farshchi, a strategic engagement advisor for the FBI who also works as an executive vice president and CISO of Equifax, as they discuss emerging cyber threats and the enduring importance of cybersecurity fundamentals. Featuring distinguished guests from the business world and government, Ahead of the Threat will confront some of the biggest questions in cyber: How will emerging technology impact corporate America? How can corporate boards be structured for cyber resilience? What does the FBI think about generative artificial intelligence? Listen to new episodes biweekly and stay Ahead of the Threat.

    Charity and Disaster Fraud

    Charity fraud scams can come in many forms: emails, social media posts, crowdfunding platforms, cold calls, etc. They are especially common after high-profile disasters. Always use caution and do your research when you’re looking to donate to charitable causes.

    RYAN JAMES WEDDING

    Conspiracy to Distribute and Possess with Intent to Distribute Controlled Substances; Conspiracy to Export Cocaine; Continuing Criminal Enterprise; Murder in Connection with a Continuing Criminal Enterprise and Drug Crime; Attempt to Commit…

    Capitol Violence

    The FBI is seeking to identify individuals involved in the violent activities that occurred at the U.S. Capitol and surrounding areas on January 6, 2021. View photos and related information here. If you have any information to provide, visit tips.fbi.gov or call 1-800-CALL-FBI.

    MIL Security OSI –

  • MIL-OSI Canada: Manitoba Government Supports Workers by Restoring 1:1 Apprenticeship Ratio

    Source: Government of Canada regional news

    October 22, 2024

    Manitoba Government Supports Workers by Restoring 1:1 Apprenticeship Ratio

    – – –
    Changes Promote Safety and Support Quality Hands-On Education: Moses

    Regulatory changes that restore the 1:1 apprentice-to-journeyperson ratio and modernize training programs will come into effect Oct. 30, Economic Development, Investment, Trade and Natural Resources Minister Jamie Moses announced today.

    “Restoring the 1:1 ratio supports safe and higher quality training for workers,” said Moses. “All Manitobans deserve to come home safely at the end of their workday.”

    Changes to the Apprenticeship and Certification General Regulation will also ensure apprentices receive high-quality supervision and appropriate supports throughout their training program, noted the minister.

    “Apprenticeship is the training program, Red Seal is the career,” said Tanya Palson, executive director, Manitoba Building Trades. “This change will help young Manitobans feel sure that when they enter the training program, they are supported to completion so that they can build their careers and support their families here at home.”

    The previous government removed the 1:1 ratio requirement, compromising the safety of Manitoba workers, the minister said, adding that the 1:1 ratio was established in response to the 1999 death of Michael Skanderberg, who was killed on the job while working unsupervised.

    “I applaud the Manitoba government for restoring the 1:1 apprentice-to-journeyperson ratio,” said Cindy Skanderberg, mother of Michael Skanderberg. “Every day I will fight to keep Manitoba workers safe. This will save lives.”

    Other regulatory changes will modernize the apprenticeship system to reduce administrative burdens and improve Manitoba’s competitiveness with other Canadian jurisdictions, noted the minister.

    “IBEW 2085 strongly opposed the 2:1 ratio because for someone training to be an electrician, proper supervision can be a matter of life and death,” said Dave McPhail, business manager, International Brotherhood of Electrical Workers (IBEW) 2085. “Restoring the ratio to 1:1 means that this government is serious about building Manitoba with highly skilled, properly trained Red Seals.”

    The minister noted existing apprenticeship agreements can continue if:

    • employers have been permitted to have journeypersons supervise more than one apprentice;
    • apprentices actively demonstrate continued progress in their apprenticeship program under pre-existing employment agreements; and
    • journeypersons do not take on additional apprentices.

    This is the first step in the Manitoba government’s improvement of the apprenticeship program, creating good jobs for Manitobans and reaching its commitment of creating 10,000 skilled labour jobs, noted the minister. The government is also fulfilling its commitment to do a review of the operations of Apprenticeship Manitoba to look for efficiencies and modernization. That work is ongoing and stakeholder consultation will begin next month, the minister added.

    “A modernized and responsive apprenticeship training and certification system is good for workers, grows industry and moves our province forward,” said Moses. “These changes will ensure Manitoba continues to provide an attractive market to meet the growing demands for skilled labour of the future.”

    For more information on Manitoba’s apprenticeship and certification system and recent regulatory updates, visit http://www.gov.mb.ca/aesi/apprenticeship/index.html.

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    MIL OSI Canada News –