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Category: Trade

  • MIL-OSI United Kingdom: Does London have ‘social value’?

    Source: Mayor of London

    What does ‘social value’ mean, and how can it be used in planning decisions to give Londoners the spaces that they need?

    The Planning and Regeneration Committee will tomorrow question experts, community and industry representatives, and local authorities about what social value is, how it’s measured, and how it can make a difference to Londoners.

    Assembly Members will examine how Londoners who run small businesses through council-owned markets and railway arches view ‘social value’ policies, and how they would like to see the social, cultural and environmental value of community assets recognised in approaches to planning and regeneration.

    The guests are:

    Panel 1, 2.00pm – 3.15pm 

    • Maria Adebowale-Schwarte, Commissioner for the London Sustainable Development Commission
    • Tony Burton, Founder of Civic Voice and Chair of Community Review Panels in Old Oak & Park Royal and Dacorum
    • Dr Myfanwy Taylor, Lecturer in Urban Economics and Planning, University College London
    • Guy Battle, Chief Executive Officer at Social Value Portal
    • Stephanie Edwards, Co-Founding Director of Urban Symbiotics

    Panel 2, 3.30pm – 4.45pm

    • Krissie Nicolson, CEO London Trades Guild
    • Nicholas Kasic, Manager of Portobello Road Market and convener of the London Street Trading Benchmarking Group 
    • Sarah Goldzweig, Research and Project Officer at Latin Elephant
    • Stephen Biggs, Corporate Director, Community Wealth Building, London Borough of Islington 
    • Bryce Tudball, Head of Spatial Planning, London Borough of Haringey

    The meeting will take place on Wednesday 9 October from 2pm, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI: OMNIQ to Present at the Small Cap Virtual Investor Conference October 10th

    Source: GlobeNewswire (MIL-OSI)

    SALT LAKE CITY, Oct. 08, 2024 (GLOBE NEWSWIRE) — OMNIQ CORP. (OMQS), a leader in AI-machine vision and automation technology, today announced that Shai Lustgarten, CEO will present live at the Small Cap Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on October 10th 2024.

    DATE: October 10th
    TIME: 11:00 AM ET
    LINK: https://bit.ly/47jLzOI

    Available for 1×1 meetings upon request

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

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

    Learn more about the event at http://www.virtualinvestorconferences.com.

    Recent Company Highlights

    • OMNIQ Recently announced a collaboration with NEC to enhance public safety.
    • Following recent purchase orders for $2.5M and $1M.
    • This is following a strategic alliance with Ingenico to enhance fintech capabilities.

    About OMNIQ

    OMNIQ Corp. (OTCQB: OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver real-time object identification, tracking, surveillance, and monitoring for the Supply Chain Management, Public Safety, and Traffic Management applications. The technology and services provided by the Company help clients move people, objects, and big data safely and securely through airports, warehouses, schools, and national borders and in many other applications and environments.

    OMNIQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have more than doubled, reaching $81 million in 2023, from clients in more than forty countries.

    The Company currently addresses several billion-dollar markets with double-digit growth, including the Global Smart City & Public Safety markets.  

    For more information visit http://www.omniq.com

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

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

    Forward-Looking Statements:
    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate,” “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Examples of forward-looking statements include, among others, statements made in this press release regarding the closing of the private placement and the use of proceeds received in the private placement. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at SEC.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.

    CONTACTS:
    OMNIQ
    ir@omniq.com
    http://www.omniq.com

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

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Runway Growth Finance Corp. Provides Third Quarter 2024 Portfolio Update

    Source: GlobeNewswire (MIL-OSI)

    • Completed Seven Investments in New and Existing Portfolio Companies Representing $75.3 Million in Funded Investments

    MENLO PARK, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the third quarter ended September 30, 2024.

    “Runway Growth added attractive investments with new and existing portfolio companies in the third quarter as we seek to drive measured and strategic growth,” said David Spreng, Founder and CEO of Runway Growth. “We are pleased to announce two new investments during the quarter, which we believe embody our focus on high-quality, late and growth-stage companies in the fastest growing sectors of the economy. Runway Growth is positioned to execute disciplined investments, support our existing borrowers and generate solid risk-adjusted returns for our shareholders in the long term.”

    Originations
    In the third quarter of 2024, Runway Growth funded seven investments: two investments in new portfolio companies and five investments in existing portfolio companies. These include:

    • Completion of a new $23.0 million investment to Snap! Mobile, Inc. (“Snap”), funding $18.0 million at close. Snap offers a software platform designed to help schools, clubs, and teams fundraise, manage their rosters, communicate with parents and fans, and sell merchandise;
    • Completion of a new $45.3 million investment to Zinnia Corporate Holdings, LLC (“Zinnia”), funding $40.0 million at close. Zinnia provides business processing and technology solutions to the life insurance and annuity industry. Zinnia’s range of solutions includes distribution services and new business issuance, administration processing and call center operations, as well as compliance, fulfillment, and quality assurance services;
    • Completion of a new $20 million investment to existing portfolio company Elevate Services, Inc. (“Elevate”), funding $6.0 million during the quarter, which upsized Elevate’s previous $20 million senior secured term loan. Elevate is a global alternative legal services provider and legal process outsourcer that serves members of the Fortune 500 and 60+ global law firms with outsourced consultancy, technology, and managed services. Elevate has a suite of products and services across several different operating business units including contracts, contract lifetime management and insights, ElevateNext, med legal, ElevateFlex, consulting, and software;
    • Completion of follow-on investments with an aggregate amount of $6.3 million to two existing portfolio companies; and
    • During the quarter Runway-Cadma I LLC (the “JV”), our joint venture with Cadma Capital Partners LLC, purchased a portion of our Airship Group, Inc. loan, amounting to a $5.0 million equity investment in the JV subsidiary.

    Liquidity Events
    During the third quarter ended September 30, 2024, Runway Growth experienced the following liquidity events:

    • Full principal repayment of the Company’s senior secured term loan to CloudPay, Inc. of $75.0 million;
    • An assignment of $10.0 million of the Company’s investment in Airship Group, Inc. to the JV; and
    • Other scheduled principal amortization of $0.6 million.

    Portfolio Construction and Management
    Runway Growth is a credit-first organization, carefully structured to focus on what it believes to be the highest quality, late-stage companies in the venture debt market. The Company is committed to upholding what it believes to be industry-leading investment standards combined with disciplined underwriting and diligent monitoring of its portfolio. Runway Growth is positioned as a preferred lender in the venture debt space, supporting and working closely with companies to help them reach their full growth potential. Since inception, the Company has focused on the fastest growing sectors of the economy, including healthcare, technology and select consumer services and products industries.

    As of September 30, 2024, the Runway Growth portfolio included 49 debt investments to 32 portfolio companies and 86 equity investments in 53 portfolio companies, including 28 portfolio companies where Runway Growth holds both a debt and equity investment. Investments were comprised of late and growth-stage businesses in the technology, healthcare and consumer services and products industries. Runway Growth’s normal business operations include frequent communication with portfolio companies.

    About Runway Growth Finance Corp.
    Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment advisor that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit http://www.runwaygrowth.com.

    Forward-Looking Statements
    Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    Important Disclosures
    Strategies described involve special risks that should be evaluated carefully before a decision is made to invest. Not all of the risks and other significant aspects of these strategies are discussed herein. Please see a more detailed discussion of these risk factors and other related risks in the Company’s most recent annual report on Form 10-K in the section entitled “Risk Factors”, which may be obtained on the Company’s website, http://www.runwaygrowth.com, or the SEC’s website, http://www.sec.gov.

    IR Contacts:
    Stefan Norbom, Prosek Partners, snorbom@prosek.com
    Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Taoshi to Showcase World’s First Decentralized and Fair Proprietary Trading Challenge, Built on Bittensor, at Permissionless III

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, Oct. 08, 2024 (GLOBE NEWSWIRE) — Taoshi, a forefront innovator in decentralized finance, will showcase its Proprietary Trading Network (PTN) at the upcoming Permissionless III conference in Salt Lake City, Utah, from October 9 to 11, 2024. Exhibiting at Booth #1433, Taoshi’s Manager of Research and Development, Thomas Dougherty, PhD, will be present to provide insights into the company’s breakthrough tool.

    PTN is the world’s first fair, decentralized proprietary trading challenge. Built on Bittensor, PTN allows traders to compete transparently and earn significantly more than they would with traditional proprietary firms, incentivizing some of the world’s best traders to provide actionable trading insights.

    Taoshi’s PTN sets itself apart from most traditional proprietary trading firms, whose revenue comes from charging entry fees to traders. “When a disproportionate reliance is placed on the entry fees, there is little motivation to ensure long-term success for traders. Ironically, existing profit-sharing models are incentivized by traders failing their challenge period. With PTN, we want to change this,” said Dougherty.

    Taoshi’s mission is to disrupt financial market trading by democratizing access to sophisticated and ever-evolving trading strategies. Taoshi’s PTN is leading the way in innovation through its decentralized AI technology that delivers exceptional advantages for traders.

    About Taoshi:
    Founded in 2023, Taoshi, Inc. is a software company that creates blockchain subnetworks built on Bittensor to revolutionize financial market trading. Taoshi is a trusted leader in the crypto space, celebrated for its innovative solutions and commitment to community impact. Explore how Taoshi is shaping the future of technology at http://www.taoshi.io.

    About Thomas Dougherty, PhD:
    Thomas Dougherty, PhD, is the Manager of Research & Development at Taoshi, where he applies his extensive expertise in machine learning and computer vision to advance financial technology innovation. With a doctorate from Stanford University, he oversees the research and development division, focusing on creating sophisticated trading strategies that balance predictability, risk exposure, and returns while addressing statistical instabilities.

    At Taoshi, Thomas is the primary architect of the SN8 incentive mechanism, a cornerstone of the company’s Proprietary Trading Network (PTN). He spearheaded the development of SN8’s scoring system, which evaluates traders through a comprehensive approach that includes risk-adjusted returns, Sharpe ratio, and Omega ratio.

    About Permissionless:
    Permissionless is a conference for founders, application developers, investors, policymakers, and users. Permissionless III will gather the most influential minds in crypto for three days of networking, engaging content, and live conversations.

    MEDIA CONTACT
    Mairi Morrison
    mairi@prlab.co
    +1 512 731 4977

    The MIL Network –

    January 23, 2025
  • MIL-OSI Global: Turkey’s plan to recycle more has made life hard for its informal waste pickers

    Source: The Conversation – UK – By Tulin Dzhengiz, Lecturer in Sustainability, Manchester Metropolitan University

    A waste picker towing his cart through a street in Antalya, Turkey. Evgeny Haritonov/Shutterstock

    Turkey’s 500,000 or so informal waste pickers carry out around 80% of the recycling in the country. These workers, who are also known as çekçekçi, are essential for separating out waste in a country where this is rarely done at source.

    But their lives are precarious. Most of them are unregistered, lack social security, and have no access to basic services such as healthcare. And now they find themselves affected by efforts that formalise Turkey’s waste management system.

    Many of the workers are migrants. But large-scale immigration over recent years, particularly from conflict zones such as Afghanistan and Syria, has contributed to a rise in nationalistic sentiment throughout the country.

    This has seen immigrants – and particularly waste pickers – portrayed in a negative fashion. Waste pickers have, for instance, been labelled “şehir eşkıyası” (urban bandits) by the media. And many people have argued that Turkiye’s informal waste-picking practices should come to an end.

    Yavuz Eroğlu, the president of a non-profit organisation called PAGÇEV that promotes plastic recycling in Turkey, pointed out recently that the country’s “real problem” is its informal waste collection system. In Eroğlu’s view, informal waste picking impedes the effective scaling of recycling initiatives and prevents Turkey from improving its position in the global recycling market.

    Recycling facilities in Turkey require a steady and substantial supply of raw waste materials to function efficiently. But, according to the Turkish Statistics Institution, a mere 12% of the country’s municipal waste was recovered in 2018 – and it is not clear how much of this was actually recycled. This is not nearly enough to keep recycling companies afloat.

    So, in an effort to improve Turkey’s domestic waste management, the Turkish government launched an initiative in 2022 to regulate and formalise waste collection. The legislation requires that local authorities work exclusively with licensed recyclers and registered pickers to sort through and sell waste.

    Resistance movements have subsequently emerged within the çekçekçi community that advocate for the rights and recognition of informal waste pickers in Turkey. These movements have either reinforced the importance of existing waste picker collectives, or led to the creation of new non-profit organisations and cooperatives.

    In Istanbul, for example, the Şişli municipality launched an environmental waste collectors cooperative in 2023 in an attempt to formally integrate informal waste pickers into the municipal waste management system.

    This has involved registering waste pickers, issuing official identification cards, and providing them with access to designated waste collection zones. Similar models have also emerged in different parts of the country. But many of Turkey’s waste pickers remain locked out of the new formal system.

    The framing of informality as the problem is not new, nor is it limited to representatives of Turkey’s plastic recycling industry. In August 2021, the governor of Istanbul’s office ordered a crackdown on informal waste collection activities.

    Police carried out raids on nearly 100 waste collection depots and seized 650 collection carts. More than 200 people were detained in the raids, including 145 Afghan migrants who were sent to a deportation centre.

    The governor’s office justified the action by citing environmental and public health concerns, as well as the unregulated nature of employment in informal waste picking. In a statement, the office argued that unauthorised waste collection leads to unfair profits and announced that inspections would continue.

    Waste workers responded by criticising the governor’s claims and expressed frustration over being labelled as benefiting from unfair profits while living in precarious conditions without social security or a stable income.

    Importing more waste

    In fieldwork carried out between March and April 2024, I spoke with representatives of waste collectors, junk shop owners and waste traders in Istanbul.

    Some reported that there had been a decline in waste-picking rates since the crackdown of 2021. Waste collectors and their representatives expressed concerns that this decline could lead to a further reduction in domestic recycling rates and increase the reliance of recycling facilities on imported waste.

    Turkey is already one of the largest importers of waste from Europe. In 2022, for example, Turkey accounted for 39% of Europe’s waste exports, which included around 400,000 tonnes of plastic.

    Turkiye is a major importer of waste from Europe.
    Sahan Nuhoglu / Shutterstock

    This waste has serious consequences for the environment and human health. A Greenpeace report published in 2022 found that toxins released from Turkey’s plastic waste end up in the fruit and vegetables produced in the Çukurova valley, one of the most fertile valleys in the world.

    A continued decline in domestic waste collection in Turkey would create a vicious cycle. The value of Turkey’s own waste will decrease, further impoverishing informal waste pickers, all while the country’s reliance on imported waste grows to sustain its recycling infrastructure.

    The future of informal waste picking in Turkey remains uncertain. But as the country continues to formalise its waste management system, the challenges facing the sector’s informal workers must not be ignored.

    Tulin Dzhengiz receives funding from Manchester Metropolitan University’s Research Accelarator Grant to carry out this research.

    – ref. Turkey’s plan to recycle more has made life hard for its informal waste pickers – https://theconversation.com/turkeys-plan-to-recycle-more-has-made-life-hard-for-its-informal-waste-pickers-238661

    MIL OSI – Global Reports –

    January 23, 2025
  • MIL-OSI United Kingdom: Manchester Carbon Literate City: Climate change training goal unveiled

    Source: City of Manchester

    Manchester has launched an initiative to become the UK’s first Carbon Literate City as part of the drive to become zero carbon by 2038.

    The effort, co-ordinated by Manchester City Council working with The Carbon Literacy Project, aims to achieve the status by getting the equivalent of 15% of the city’s population – 85,349 people – trained and certified as Carbon Literate.

    Carbon Literacy® is defined as “an awareness of the carbon costs and impacts of everyday activities, and the ability and motivation to reduce emissions, on an individual, community and organisational basis.” It describes an awareness of climate change and the impacts which our everyday actions, whether as individuals or organisations, have. Being Carbon Literate enables people to take informed decisions, whether in their personal or work lives. Becoming a Carbon Literate City will help in the collective effort to dramatically cut harmful carbon emissions across Manchester.

    Manchester City Council is already committed to Carbon Literacy and is the first local authority to achieve The Carbon Literacy Project’s Silver organisational designation and is working towards Gold status. By December this year the Council aims to have 50% of its staff, around 3,500 people, trained and certified in Carbon Literacy. Other founding partners of the Manchester initiative include Manchester Metropolitan University, Manchester Museum, Auto Trader, Manchester Digital and GMAST (a network of arts and cultural organisations working to contribute to the city’s climate ambitions.)

    Councillor Tracey Rawlins, Executive Member for Environment, said: “Earning recognition as the country’s first Carbon Literate City is going to require a step change in the number of organisations getting on board and spreading the word in their own sectors.“This has never been a city to shy away from challenges and we hope that this title will become the latest in a long line of Manchester firsts.

    “What really matters here is not the title itself but what it will mean in terms of the number of individuals and organisations who are aware of the issues and the positive actions they can take to help address them.

    “The city can only reach its zero carbon goals through collective local, regional and national effort. Having a more informed and engaged population is an important step.”

    Dave Coleman, Co-founder and Managing Director of The Carbon Literacy Project, said: “Given our origins and our deep roots in the city, it comes as no surprise that it is Manchester that has stepped up, built on all its existing hard work, and publicly declared it’s ambition to be the very first certified Carbon Literate Locality.
    “Globally more than 100,000 citizens are already certified as being Carbon Literate, but of these, more than 10,000 live, work and study in Manchester.

    “The Manchester Carbon Literate City initiative brings together people and organisations already acting on climate in the city, to further help and support each  other, and bring others along with them. Working together in this way makes our collective action on climate easier, faster and cheaper, and in Manchester at least, demonstrates that truly “the whole is far greater than the sum of its parts”. 

    More information about the Manchester Carbon Literate City initiative is available at carbonliteracy.com/mclc and about Carbon Literacy itself at carbonliteracy.com. The latest public Carbon Literacy courses are available at the Project’s events page.

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Video: USCG recovery from Hurricane Helene

    Source: US Coast Guard (video statements)

    Coast Guard Rear Admiral Doug Schofield, District Commander of District 7, the Coast Guard’s Southeast, speaks about the Coast Guard’s efforts to recover from Hurricane Helene while still serving the people of Florida.

    Links for more information on hurricane preparedness and the Coast Guard’s response.

    Coast Guard District 7 Southeast: https://www.facebook.com/USCoastGuardSoutheast
    Coast Guard Atlantic Area: https://www.facebook.com/USCGAtlanticArea

    Video by Petty Officer 2nd Class Jose Hernandez and Petty Officer 2nd Class Ian Gray.

    Important Safety Reminder
    During a hurricane or emergency, it’s critical to use the proper channels to report distress—NOT social media. To reach the U.S. Coast Guard, use VHF radio channel 16 or dial 911. Our social media accounts are not monitored 24/7, and tagged posts or private messages may not be seen right away, causing delays in lifesaving rescue efforts.

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

    MIL OSI Video –

    January 23, 2025
  • MIL-OSI Economics: Group of Exceptional Students Graduate: 4th Cohort of Samsung-UWC Software Development Programme

    Source: Samsung

    At a graduation ceremony held on Tuesday, 08 October 2024, Samsung celebrated the achievements of the 4th Cohort in the University of the Western Cape (UWC) Software Development (SWD) programme. This Samsung sponsored programme aims to enhance the graduating students’ prospects of employment as well as address the problem of youth unemployment in the province and the country as a whole.
     

     
    South Africa, like many countries globally, grapples with the challenge of youth unemployment. This is supported by statistics indicating a 45,5% unemployment rate among young individuals (aged 15-34 years), in contrast to the national average of 32,9% in the first quarter of 2024”, according to Statistics SA.”  The Western Cape is no exception to this alarming trend.
     
    In response to the country’s youth unemployment issues and a way to assist government to address this challenge, Samsung launched a R280-million worth Equity Equivalent Investment Programme (EEIP) in 2019. The company is now celebrating five years of this EEIP programme’s sustained success. This EEIP programme is projected to have a measurable impact on job creation and a contribution of nearly R1-billion to the South African economy at large. Five years in and Samsung’s EEIP programme has managed to train 539 youth in SWD and artisanal skills.
     
    Jose Frantz, Deputy Vice Chancellor: research and innovation, University of the Western Cape said: “We firmly believe in the transformative power of higher education to empower youth. The Future-Innovation Lab at UWC exemplifies this commitment by equipping previously disadvantaged youth with the skills and experiences necessary to succeed in an AI-driven economy. By bridging the gap between education and industry, this initiative not only addresses the pressing issue of youth unemployment but also fosters a culture of innovation and resilience. As we celebrate the upcoming graduation of the fourth cohort, we recognize the importance of such programs in nurturing the next generation of leaders and change-makers. Together, we can create a future where every young person has the opportunity to thrive and contribute meaningfully to society.”
     
    This SWD programme that is part of Samsung’s EEIP has ensured sustained ICT investment in historically disadvantaged universities, which in turn has helped to enhance the prospects of employment in the country’s youth. Importantly, this SWD programme has provided an opportunity to previously disadvantaged youth to gain skills in software development and digital social innovation with the ultimate aim of opening doors to employment or further training. Samsung strives for a 100% absorption rate of all the students in its training programmes.
     
    Lenhle Khoza, Manager for B-BBEE and Transformation at Samsung South Africa said: “As Samsung, we would like to congratulate this group of brilliant students. From the start of this programme, our focus has been on capacity building in ICT training and development. With these software development skills, we are confident that these UWC students will now be able to play a crucial role in the digital economy.”
     

     
    For Samsung, this graduation of the fourth cohort in this SWD programme is a clear indication of how successful partnerships with institutions of higher learning such as UWC are helping to address the country’s societal challenges through the development of digital solutions.
     
    And according to UWC, the 41 students that participated in the SWD programme have gained proficiency in high-demand coding languages, software architecture, web and mobile app development as well as database management and more. The hands-on and project-based approach has ensured that graduates emerge not just with theoretical knowledge, but also with the practical skills demanded by the modern job market.
     
    With hands-on, real-world experience provided through creativity and fun in a learning and working environment, these UWC students will now be able to successfully apply their new skills, which are highly sought-after in the country’s digital economy.
     

     
    “As Samsung, we’ve always prioritised the need to demonstrate a measurable outcome on the country’s youth in all our education-focused initiatives. This SWD is no exception, in collaboration with UWC – we have ensured that these graduating students are employable and that some are able to attain permanent employment through our partner network,” concluded Khoza.
    _________________________
    *Source – Unemployment in South Africa: A Youth Perspective | Statistics South Africa (statssa.gov.za)

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI United Kingdom: UN Human Rights Council 57: UK Statement for Oral Update on Ukraine

    Source: United Kingdom – Executive Government & Departments

    UK statement for Interactive dialogue with the High Commissioner on the oral update on Ukraine. Delivered by the UK’s Permanent Representative to the WTO and UN, Simon Manley.

    Location:
    Geneva
    Delivered on:
    8 October 2024 (Transcript of the speech, exactly as it was delivered)

    Thank you, Mr Vice President and thank you very much, High Commissioner. I do hope that the Russian Ambassador and his film crew were able to capture your stark account of the realities of the human rights atrocities that are being committed by the Russians, and not merely the fantasy fiction of the disinformation that we have been presented with by the Russian Ambassador. 

    The evidence presented in your report presents a stark pattern of the atrocities Russia is committing against the Ukrainian people. Your report describes systematic torture of Ukrainians by Russia – 97% of prisoners of war interviewed since March reported experiencing torture or ill treatment, and 68% said they had experienced sexual violence. Senior Russian officials calling for the execution of Ukrainian POWs. Its large-scale coordinated attacks against Ukraine’s energy infrastructure, deliberately targeting power systems which serve civilian populations, and which you rightly conclude is a violation of international humanitarian law

    Just last week, as you noted, we marked two years since Russia’s attempted annexation of four oblasts in eastern Ukraine. Those living under Russian occupation continue to face arbitrary detention, passportisation, and the seizure of land and property.

    Even children, both those living under Russian occupation and those who have been deported to Russia, are facing indoctrination and re-education programmes designed to distort and erase Ukrainian history.

    High Commissioner,

    How can we continue to remind Russia of its obligations under international humanitarian law, international human rights law and the UN Charter?

    Updates to this page

    Published 8 October 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI: Cloudera Unveils AI Inference Service with Embedded NVIDIA NIM Microservices to Accelerate GenAI Development and Deployment

    Source: GlobeNewswire (MIL-OSI)

    Cloudera’s AI Inference service boosts LLM performance speeds by 36x using NVIDIA accelerated computing and NVIDIA NIM microservices, providing enhanced performance, robust security, and scalable flexibility for enterprises

    Combined capability brings together companies’ differentiators in a single offering: Cloudera’s trusted data as the foundation for trusted AI with NVIDIA accelerated computing and the NVIDIA AI Enterprise software platform to deploy secure and performant AI applications privately on Cloudera

    SANTA CLARA, Calif and NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — Cloudera, the only true hybrid platform for data, analytics, and AI, today launched Cloudera AI Inference powered by NVIDIA NIM microservices, part of the NVIDIA AI Enterprise platform. As one of the industry’s first AI inference services to provide embedded NIM microservice capability, Cloudera AI Inference uniquely streamlines the deployment and management of large-scale AI models, allowing enterprises to harness their data’s true potential to advance GenAI from pilot phases to full production.

    Recent data from Deloitte reveals the biggest barriers to GenAI adoption for enterprises are compliance risks and governance concerns, yet adoption of GenAI is progressing at a rapid pace, with over two-thirds of organizations increasing their GenAI budgets in Q3 this year. To mitigate these concerns, businesses must turn to running AI models and applications privately – whether on premises or in public clouds. This shift requires secure and scalable solutions that avoid complex, do-it-yourself approaches.

    Cloudera AI Inference protects sensitive data from leaking to non-private, vendor-hosted AI model services by providing secure development and deployment within enterprise control. Powered by NVIDIA technology, the service helps to build trusted data for trusted AI with high-performance speeds, enabling the efficient development of AI-driven chatbots, virtual assistants, and agentic applications impacting both productivity and new business growth.

    The launch of Cloudera AI Inference comes on the heels of the company’s collaboration with NVIDIA, reinforcing Cloudera’s commitment to driving enterprise AI innovation at a critical moment, as industries navigate the complexities of digital transformation and AI integration.

    Developers can build, customize, and deploy enterprise-grade LLMs with up to 36x faster performance using NVIDIA Tensor Core GPUs and nearly 4x throughput compared with CPUs. The seamless user experience integrates UI and APIs directly with NVIDIA NIM microservice containers, eliminating the need for command-line interfaces (CLI) and separate monitoring systems. The service integration with Cloudera’s AI Model Registry also enhances security and governance by managing access controls for both model endpoints and operations. Users benefit from a unified platform where all models—whether LLM deployments or traditional models—are seamlessly managed under a single service.

    Additional key features of Cloudera AI Inference include:

    • Advanced AI Capabilities: Utilize NVIDIA NIM microservices to optimize open-source LLMs, including LLama and Mistral, for cutting-edge advancements in natural language processing (NLP), computer vision, and other AI domains.
    • Hybrid Cloud & Privacy: Run workloads on prem or in the cloud, with VPC deployments for enhanced security and regulatory compliance.
    • Scalability & Monitoring: Rely on auto-scaling, high availability (HA), and real-time performance tracking to detect and correct issues, and deliver efficient resource management.
    • Open APIs & CI/CD Integration: Access standards-compliant APIs for model deployment, management, and monitoring for seamless integration with CI/CD pipelines and MLOps workflows.
    • Enterprise Security: Enforce model access with Service Accounts, Access Control, Lineage, and Auditing features.
    • Risk-Managed Deployment: Conduct A/B testing and canary rollouts for controlled model updates.

    “Enterprises are eager to invest in GenAI, but it requires not only scalable data but also secure, compliant, and well-governed data,” said industry analyst, Sanjeev Mohan. “Productionizing AI at scale privately introduces complexity that DIY approaches struggle to address. Cloudera AI Inference bridges this gap by integrating advanced data management with NVIDIA’s AI expertise, unlocking data’s full potential while safeguarding it. With enterprise-grade security features like service accounts, access control, and audit, organizations can confidently protect their data and run workloads on prem or in the cloud, deploying AI models efficiently with the necessary flexibility and governance.”

    “We are excited to collaborate with NVIDIA to bring Cloudera AI Inference to market, providing a single AI/ML platform that supports nearly all models and use cases so enterprises can both create powerful AI apps with our software and then run those performant AI apps in Cloudera as well,” said Dipto Chakravarty, Chief Product Officer at Cloudera. “With the integration of NVIDIA AI, which facilitates smarter decision-making through advanced performance, Cloudera is innovating on behalf of its customers by building trusted AI apps with trusted data at scale.”

    “Enterprises today need to seamlessly integrate generative AI with their existing data infrastructure to drive business outcomes,” said Kari Briski, vice president of AI software, models and services at NVIDIA. “By incorporating NVIDIA NIM microservices into Cloudera’s AI Inference platform, we’re empowering developers to easily create trustworthy generative AI applications while fostering a self-sustaining AI data flywheel.”

    These new capabilities will be unveiled at Cloudera’s premier AI and data conference, Cloudera EVOLVE NY, taking place Oct. 10. Click here to learn more about how these latest updates deepen Cloudera’s commitment, elevating enterprise data from pilot to production with GenAI.

    About Cloudera
    Cloudera is the only true hybrid platform for data, analytics, and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what seemed impossible—today and in the future.

    To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

    Contact

    Jess Hohn-Cabana
    cloudera@v2comms.com

    The MIL Network –

    January 23, 2025
  • MIL-OSI Canada: Travelling for Thanksgiving long weekend? The CBSA gives tips for a smooth trip

    Source: Government of Canada News (2)

    October 8, 2024
    Ottawa, Ontario

    The Canada Border Services Agency (CBSA) reminds travellers that it can be extra busy at the border over the Thanksgiving long weekend.

    Every day, the CBSA works hard to protect Canadians, support the economy and ensure the safe and efficient movement of people and goods across the border. In 2023, we welcomed over 86 million travellers and intercepted more than 72,200 kg of prohibited drugs, cannabis, narcotics, and chemicals, representing an increase of close to 30% from 2022.

    The CBSA is dedicated to planning and preparing for peak periods, including long weekends and summer months. We monitor traveller volumes and take measures to minimize border wait times at land ports of entry and at international airports, without compromising safety and security.

    Here are some tips to help you plan for your trip:

    • Check border wait times and expect delays.
      • Early mornings are the best time to cross the border to avoid wait times.
      • The Monday of  holiday long weekends tend to be the busiest.
      • Consider an alternative port of entry with shorter wait times or less traffic.
      • Check the port of entry’s hours of operation on the official CBSA Directory of Offices and Services.
      • If you are using a GPS application (such as Google Maps, Apple Maps or Waze) to direct you to a port of entry, consider checking different navigation options (such as fastest and shortest routes) to determine the preferred route of travel.
    • Have your travel documents handy. This will speed up processing times at the border.
    • Be prepared to declare. Declare everything you have with you upon entry into Canada. If arriving by land, you are responsible for everything inside your vehicle.
    • When travelling with children, it is recommended that the accompanying adult have a consent letter authorizing them to travel with the child if they share custody or are not the parent or legal guardian. Border services officers are always watching for missing children, and in the absence of the letter, officers may ask additional questions.
    • Travelling with pets? Pets must meet specific requirements to enter Canada. Review Importing and travelling with pets before leaving.
      • Will you be going to the U.S. with a dog? As of August 1, 2024, there are updated documentation requirements for all dogs entering the U.S. from Canada. For more information, visit Dogs travelling to the United States.
    • Flying into Canada? Use Advance Declaration and make your customs and immigration declaration up to 72 hours in advance of your arrival into Canada at participating airports.
    • Entering Canada by boat? You must report to the CBSA without delay. Review reporting requirements for private boaters before making travel plans. If you are the operator of a boat entering Canadian waters with the intent to disembark, you are responsible for reporting your goods on board.
      • Are you towing or transporting a watercraft or any water-related equipment (canoe, paddleboard, etc.) into Canada? If so, these items must be clean, dry, and free of any aquatic invasive plants or species. Learn more: Clean, Drain, Dry and Decontaminate.

    Are you bringing any of the following into Canada?

    Restricted and prohibited goods:

    Make sure you review the necessary information before attempting to bring certain items into Canada. If not, you risk having your goods seized or facing fines and prosecution.

    • Firearms: Leave them at home. You are encouraged not to travel with firearms. If you choose to do so, be sure to check the rules on importing firearms.
    • Weapons: Restricted and prohibited goods include pepper spray, switchblades, and butterfly knives.
    • Narcotics: Narcotics such as cocaine and heroin are illegal in Canada.  If you are found to be in possession of illegal drugs (on your person, in your vehicle, or in your luggage) you will be arrested and may be charged. The drugs will be seized.
    • Cannabis: Don’t bring it in. Don’t take it out. While cannabis is legal in Canada, bringing it across the border in any form, including oils containing tetrahydrocannabinol (THC) or cannabidiol (CBD), without a permit or exemption authorized by Health Canada is a serious criminal offence subject to arrest and prosecution. A medical prescription from a doctor does not count as Health Canada authorization.

    Not sure? Ask a CBSA officer. The best way to save time is to be open and honest with the border services officer. If you are not sure about what to declare, don’t hesitate to ask!

    For more information, visit the CBSA website or call us at 1-800-461-9999.

    For more information or to schedule an interview with a CBSA representative, please contact:

    MIL OSI Canada News –

    January 23, 2025
  • MIL-OSI: US Technology Leaders Tap NVIDIA AI Software to Transform World’s Industries

    Source: GlobeNewswire (MIL-OSI)

    • AT&T, Lowe’s, University of Florida Among First Organizations Using NVIDIA NeMo
    • Accenture, Deloitte, Quantiphi, SoftServe Tap NVIDIA NeMo, NIM Microservices and NIM Agent Blueprints to Create Custom Generative AI Agents for Clients
    • Cloudera, DataStax, Google Cloud, NetApp, SAP, ServiceNow, Teradata Advance Data and AI Platforms With NIM

    WASHINGTON, Oct. 08, 2024 (GLOBE NEWSWIRE) — NVIDIA AI Summit — NVIDIA today announced it is teaming with U.S. technology leaders to help organizations create custom AI applications and transform the world’s industries using the latest NVIDIA NIM™ Agent Blueprints and NVIDIA NeMo™ and NVIDIA NIM microservices.

    Across industries, organizations like AT&T, Lowe’s and the University of Florida are using the microservices to create their own data-driven AI flywheels to power custom generative AI applications.

    U.S. technology consulting leaders Accenture, Deloitte, Quantiphi and SoftServe are adopting NVIDIA NIM Agent Blueprints and NVIDIA NeMo and NIM microservices to help clients in healthcare, manufacturing, telecommunications, financial services and retail create custom generative AI agents and copilots.

    Data and AI platform leaders Cadence, Cloudera, DataStax, Google Cloud, NetApp, SAP, ServiceNow and Teradata are advancing their data and AI platforms with NVIDIA NIM.

    “AI is driving transformation and shaping the future of global industries,” said Jensen Huang, founder and CEO of NVIDIA. “In collaboration with U.S. companies, universities and government agencies, NVIDIA will help advance AI adoption to boost productivity and drive economic growth.”

    NVIDIA NeMo Microservices for Precision-Tailored Generative AI
    NVIDIA NeMo microservices support end-to-end model customization workflows and the development of AI agents to help enterprises bring custom generative AI applications to market faster, reducing development costs.

    New NeMo microservices — NeMo Customizer, NeMo Evaluator and NeMo Guardrails — can be paired with NIM microservices to help developers easily curate data at scale, customize and evaluate models, and manage responses to align with business objectives. Developers can then seamlessly deploy a custom NIM microservice across any GPU-accelerated cloud, data center or workstation.

    New NVIDIA NIM Agent Blueprint for Software Security Now Available
    To provide a jump-start for developers, NVIDIA offers NIM Agent Blueprints — reference workflows that provide a guide for developing applications built with NVIDIA NeMo and NIM microservices.

    NIM Agent Blueprints help accelerate AI deployments for key enterprise use cases, including drug discovery, customer service and data extraction. A new blueprint for software container security is available today.

    Developers can experiment with NeMo and NIM microservices, as well as NVIDIA NIM Agent Blueprints, at no charge. Enterprises can deploy applications in production with enterprise-grade security, support and stability through the NVIDIA AI Enterprise software platform.

    NVIDIA Microservices Build Custom AI Agents for Industries
    Leaders across industries are using NVIDIA AI to improve telecommunications, education and security.

    • AT&T is working with Quantiphi to build a conversational platform, using NVIDIA NIM, that can support employees with software development, network engineering and financial services tasks.
    • The University of Florida has adopted NVIDIA NIM and NeMo to advance its learning management system, based on retrieval-augmented generation, that helps teaching assistants improve student success and retention.
    • Lowe’s, a FORTUNE 50 home improvement company, is exploring the use of NVIDIA NIM and NeMo microservices to improve experiences for associates and customers and enhance productivity of their store associates. For example, the retailer is leveraging NVIDIA NeMo Guardrails to enhance the safety and security of its generative AI solution platform.

    Global Consulting Giants Accelerate AI Adoption With NeMo
    NVIDIA global service provider and service delivery partners are helping companies across industries use NVIDIA NeMo and NIM microservices and NIM Agent Blueprints to build custom AI applications that tap into business data.

    • Accenture is helping clients build domain-specific AI agents using NVIDIA NeMo and NIM microservices through its AI Refinery™ and the Accenture NVIDIA Business Group.
    • Deloitte is integrating the latest NVIDIA NIM Agent Blueprint into its cybersecurity solutions, which will help enterprises accelerate software vulnerability analysis and mitigation at scale.
    • SoftServe’s generative AI Industrial Assistant, which uses NeMo and NIM microservices, improves safety and efficiency in industrial manufacturing by making equipment manuals more accessible and providing factory workers real-time guidance on troubleshooting and maintenance.

    Data and AI Platforms Advance Insight With NeMo and NIM Microservices
    NVIDIA AI ecosystem partners Cadence, Cloudera, DataStax, Google Cloud, NetApp, SAP, ServiceNow and Teradata are using NeMo and NIM microservices to build customized generative AI applications with optimized inference.

    • Cloudera today unveiled an AI Inference Service with embedded NIM that will allow developers to build, customize and deploy enterprise-grade large language models with up to 36x faster inference performance.
    • Google Cloud is integrating NIM into Google Kubernetes Engine to provide enterprise customers with a simplified path for deploying optimized models directly from the Google Cloud Marketplace.
    • SAP will use NIM microservices to deploy custom generative AI applications for its clients.
    • ServiceNow is one of the first to adopt NeMo and NIM microservices, and recently announced its plans to also adopt NVIDIA NIM Agent Blueprints to power generative AI use cases for several U.S. government agencies. ServiceNow’s technology also enables organizations to create custom generative AI agents that can reinvent work across the entire enterprise.
    • Teradata is integrating NVIDIA AI Enterprise into its Vantage platform to enable more efficient development and deployment of trusted generative AI applications.

    Availability
    Developers can access NVIDIA AI software, including NIM microservices, through the NVIDIA API catalog, as well as experiment with the microservices for free using an NVIDIA Developer license.

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Anna Kiachian
    NVIDIA Corporation
    +1-650-224-9820
    akiachian@nvidia.com

    Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, performance, features, and availability of NVIDIA’s products and technologies, including NVIDIA NeMo and NIM microservices, NeMo Customizer, NeMo Evaluator, NeMo Guardrails, NIM Agent Blueprints, and NVIDIA AI Enterprise software platform; third parties using or adopting NVIDIA products, technologies and platforms, and the benefits and impacts thereof; our collaboration with third parties and the benefits and impacts thereof; NVIDIA global service provider and service delivery partners helping companies across industries use NVIDIA NeMo and NIM microservices and NIM Agent Blueprints to build custom AI applications that tap into business data; artificial intelligence driving transformations and shaping the future of industries; and working with our U.S. technology partners, NVIDIA helping the world build custom AI applications that serve unique industry needs and reflect local languages and cultures, as well as our core values of ethics and innovation that preserve American leadership in AI are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    © 2024 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, NVIDIA NeMo and NVIDIA NIM are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ce44ce3e-d1a7-4109-a54e-6b7f66a31267

    The MIL Network –

    January 23, 2025
  • MIL-OSI USA: ***MEDIA ADVISORY*** Cassidy Releases Agenda for Upcoming Energy Security Summit in Baton Rouge

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    Louisiana Energy Security Summit: Unleashing American Abundance in a Changing Global Landscape

    9:00 AM – 9:10 AM
    Opening Remarks   Welcome by Sen. Bill Cassidy, setting the stage for the day’s discussions on leveraging our state’s energy and other resources to enhance U.S. economic security. 
    Sen. Bill Cassidy, M.D. (R-LA)

    9:10 AM – 9:30 AM 
    Fireside Chat: Louisiana’s Role in Strengthening America’s National Interests in a Changing Global Landscape   A conversation between Sen. Bill Cassidy and Hon. Mark W. Menezes on the indispensable role Louisiana plays in promoting U.S. economic security.
    Sen. CassidyHon. Mark W. Menezes, Former Deputy Secretary, U.S. Department of Energy

    9:30 AM – 10:00 AM
    Protecting U.S. Interests Against Unfair Trade Practices   This panel exposes how overseas adversaries exploit weak environmental and labor standards to create a competitive advantage in trade and suggests potential solutions to hold foreign polluters accountable. 
    Maureen Hinman, Co-Founder and Chairman, Silverado Policy AcceleratorCatrina Rorke, Senior Vice President, Policy and Research, Climate Leadership Council Hon. James Connaughton, Former Chairman of the White House Council on Environmental Quality and Director of the White House Office of Environmental PolicyModerated by: George David Banks, Former Special Assistant for International Energy and Environment at the National Economic and National Security Councils, the White House

    10:00 AM – 10:45 AM 
    Executive Insights: Overcoming Competitive Challenges in Global Markets   CEOs discuss Louisiana’s potential in advancing American interests, highlighting key investments and policy solutions needed to level the playing field against unfair global competition.
    Massimo Toso, President and CEO, Buzzi UnicemUSADavid Hardy, President of North America, Orsted Caroline Reily, Co-Founder & CEO, Aluminum TechnologiesDrew Marsh, Chairman of the board and CEO, EntergyMark Widmar, CEO, First Solar Moderated by: Sen. Cassidy

    10:45 AM – 11:30 AM
    Trade, Energy & Manufacturing: Implications for U.S. Industries and Competitiveness    Further explores the challenges posed by unfair competition and what can be done to level the playing field for Louisiana’s industry at home and abroad. 
    Kevin Gundersen, Vice President of Global Corporate Communications and Government Affairs, Huntsman CorporationCalvin Hart, Vice President and General Manager, Nucor Steel LouisianaJerae Carlson, Sr. Vice President, CemexScott Nielson, Vice President of Environmental, Sustainability & Innovation, Ash Grove Cement CompanyLinda Dempsey, Vice President, Public Affairs, CF IndustriesModerated by: Sarah Stewart, CEO and Executive Director, Silverado Policy Accelerator

    11:30 AM – 12:00 PM
    Louisiana Spotlight:  State-Level Solutions   Industry leaders discuss the key role of Louisiana’s oil, gas, and chemical industries in fostering a secure energy future. This panel will also highlight opportunities for innovation and job creation in Louisiana’s key manufacturing sectors.
    Tommy Faucheux, President, Louisiana Mid-Continent Oil and Gas Association (LMOGA)Greg Bowser, President and CEO, Louisiana Chemical Association (LCA)Will Green, CEO, Louisiana Association of Business and Industry (LABI)Mike Moncla, President, Louisiana Oil and Gas Association (LOGA)Moderated by: Desiree Lemoine, Director of Governmental Affairs, TJC group 

    12:00 PM – 1:00 PM
    Load Growth and Energy Demand: Higher future demand for energy will bring a host of opportunities, risks and challenges
    Nate Hill, Head of Energy Policy, Amazon Tom Neyhart, founder and executive chairman, PosigenBenjamin T. Reinke, Ph.D., Vice President of Global Business Development, X EnergyAndrey Shuvalov, Vice President U.S. Energy Transition, ShellModerated by: Tom Hassenboehler, Co-Founder and Managing Partner, CO2EFFICIENT

    Carbon Capture: Cutting-edge technologies for reducing carbon footprints
    Vikrum Aiyer, Global Head of Public Policy, HeirloomDouglas Chan, Chief Operating Officer, ClimeworksMichael Manteris, Co-President, Blue Sky InfrastructurePatrice Lahlum, Vice President of Carbon Management, Great Plains InstituteBradley Ives, Executive Director, Institute for Energy Innovation, Louisiana State UniversityColleen Moss, Managing Director, ClearPathModerated by: Lynn Abramson, President, Clean Energy Business Network 

    Critical Minerals, Mining, and Processing: Regional to global policies
    Hon. Aurelia S. Giacometto, Secretary, Louisiana Department of Environmental Quality (LDEQ) Marcio Paes Barreto, Frontiers Initiative & EverCore EnergyJohn Flake, PhD., Louisiana State UniversityChris Young, Chief Strategy Officer, ElementUSAModerated by: Philip Reichert, Southern Regional Director, American Conservation Coalition

    1:00 PM – 1:45 PM
    Louisiana’s Competitive Advantage: Leading the Globe in Low-Emissions Manufacturing   Louisiana’s energy sector boasts a rich history and a bright future. Industry experts discuss how Louisiana is transforming its manufacturing sector to lead in low-emissions production, creating jobs, and driving economic growth.
    Christen Campbell, North America Energy & Sustainable Technologies and Site Development Director, BASFAndrew Connolly, vice president and general manager, Low-Carbon Hydrogen Large Projects, Hydrogen Large Projects, Air ProductsGreg Upton, PhD, Executive Director & Associate Professor-Research, Center for Energy Studies Louisiana State UniversityVanessa Martin, Driftwood LNG Project Director, WoodsideFrank J. Macchiarola, Chief Policy Officer, American Clean PowerModerated by: Xan Fishman, Senior Director, Energy Program, Bipartisan Policy Center

    1:45 PM – 2:30 PM
    The Bayou and Beyond: Enhancing U.S. Competitiveness through Exports   Louisiana industries can advance U.S. leadership in the global marketplace through exports.
    Dr. Paul Schubert, CEO, Strategic Biofuels LLCDr. Robert R. Twilley, Vice President, Office of Research & Economic Development,  Louisiana State University Will Latta, Vice President, Babcock & WilcoxMatt Barr, Vice President of State Government & Community Affairs, Cheniere EnergyHon. Kimberly A. Reed, Former Chairman, U.S. Export Import Bank, 2019-2021 Moderated by:Anna Johnson, Executive Director, West Baton Rouge Chamber of Commerce

    2:30 PM – 3:15 PM
    Louisiana’s Liquid Gold: Strengthening U.S. Geopolitical Influence through Energy Leadership   This panel explores the critical role of Louisiana’s natural gas industry in strengthening U.S. geopolitical influence and securing a prosperous energy future. Experts will cover how increased domestic natural gas production can foster stability amid geopolitical uncertainties and drive economic growth. 
    Bob Pender, Executive Co-chairman and Founder, Venture Global LNGT. Lane Wilson, Senior Vice President and General Counsel, WilliamsHon. Mark W. Menezes, Former Deputy Secretary, U.S. Department of Energy, 2018-2021Hon. Neil Chatterjee, Former Chairman, US. Federal Energy Regulatory CommissionModerated by: Bob Stout, Senior Fellow, Duke Nicholas Institute for Energy, Environment & Sustainability

    3:15 PM – 3:25 PM 
    Closing Remarks
    Sen. Cassidy

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI Security: Long Beach Man Pleads Guilty to Traveling with 14-Year-Old Girl Across State Lines While Intending to Engage in Sexual Activity

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

    LOS ANGELES – A Long Beach man pleaded guilty today to federal criminal charges for traveling with a 14-year-old runaway from Arizona – whom he met in a Reddit internet forum – across state lines to his apartment, where he engaged in criminal sexual activity with her.

    Trevon Nathaniel Langstaff, 33, pleaded guilty to one count of traveling with intent to engage in illicit sexual conduct.

    “Every day, sexual predators use the internet’s relative anonymity to prey on vulnerable youth,” said United States Attorney Martin Estrada. “Would-be predators should be aware that my office will use all of its tools to bring them to justice, and, as today’s sentence shows, the consequences will be severe.” 

    According to his plea agreement, in late March 2024, Langstaff drove from his Long Beach home to Peoria, Arizona, to pick up the victim, a 14-year-old girl. Langstaff knew the victim was 14 and instructed her to pretend to be 18 years old. 

    Intending to have sexual intercourse with the victim, Langstaff transported her from Arizona to his home in Long Beach, where he engaged in sexual intercourse with her.

    On Langstaff’s cellphone, which was seized on March 26, law enforcement found an image that appeared to portray two children engaged in sexually explicit activity.

    United States District Judge Fernando L. Aenlle-Rocha scheduled a March 7, 2025, sentencing hearing, at which time Langstaff will face a statutory maximum sentence of 30 years in federal prison. Langstaff has been in federal custody since March 27.

    The FBI and the Long Beach Police Department investigated this matter.

    Assistant United States Attorney Kathrynne N. Seiden of the Terrorism and Export Crimes Section is prosecuting this case.

    MIL Security OSI –

    January 23, 2025
  • MIL-OSI Canada: Company fined for workplace fatality

    Source: Government of Canada regional news

    HTK Iron Works Ltd. pleaded guilty to one count under the Occupational Health and Safety (OHS) Act for failing to ensure the health and safety of a worker. The company was sentenced on Oct. 2 in the Medicine Hat Court of Justice. The Crown withdrew four other charges under OHS legislation.

    The charges stem from an incident at a metal fabrication shop near Burdett on Feb. 1, 2023. A worker died after being struck by a fabricated windbreak panel that fell from a moving forklift.

    HTK Iron Works Ltd. has been fined $360,000 inclusive of the 20 per cent victim fine surcharge.

    Both the company and the Crown have up to 30 days to appeal the conviction or penalties.

    Alberta’s OHS laws set basic health and safety rules for workplaces across the province. They provide guidance for employers to help them ensure their workplaces are as healthy and safe as possible while providing rights and protections for workers. Charges under OHS laws may be laid when failing to follow the rules results in a workplace fatality or serious injury.

    Quick facts

    • Jobs, Economy and Trade does not provide sentence documents. These are available through the Medicine Hat Court of Justice.

    Related information

    • Convictions under OHS legislation
    • Charges under OHS legislation
    • OHS incident investigations

    MIL OSI Canada News –

    January 23, 2025
  • MIL-OSI USA: Improving Access to Small Business Funding: OEDIT Announces Partner Outreach Program

    Source: US State of Colorado

    DENVER – Today, Governor Polis and the Business Support division of the Colorado Office of Economic Development and International Trade (OEDIT) announced the Partner Outreach Program (POP) to connect Colorado entrepreneurs and small business owners to OEDIT programs. A network of partners with expertise in serving rural, minority-owned, and immigrant-owned businesses has been established to work with businesses across the state to access loans and funding that can help them take steps to grow their businesses.

    “Helping small businesses across the state with access to funding and technical assistance will help small businesses thrive and strengthen Colorado’s economy. Small businesses drive our economy and with access to these experienced partners and their resources, Colorado will continue to be the best place in the country for anyone to start and grow a business,” said Governor Polis.

    Several OEDIT programs specialize in serving businesses that have had trouble securing a loan, need a smaller-than-average loan to get up and running, or have not borrowed money before.

    “Small businesses make up 99.5% of Colorado’s economy. When small businesses have access to financing that meets their needs, they can take important steps to grow their revenues and create new jobs. The Partner Outreach Program is an innovative program that responds to community needs and will expand our outreach efforts across the vast majority of the state. That means new opportunities for Colorado’s small businesses, including those that have historically encountered barriers to funding and support,” said Eve Lieberman, OEDIT Executive Director.

    To establish the POP network, six partners have been selected for their ability to serve diverse Colorado businesses, with a special emphasis on serving business owners who have historically encountered barriers to business capital and loans. All partners have a demonstrated history as a trusted community organization committed to community outreach, community development, and/or experience with supporting small businesses to access capital.

    Collectively, these partners offer support for a wide range of demographic groups and reach at least 90% of the state, from the Western Slope to the rural Eastern Plains and southern Colorado.

    • Black Business Initiative – Specializes in serving indigenous and Black communities in the Denver Metro area and San Luis Valley.
    • Community Enterprise Development Services – Serves business owners in the Denver Metro, Fort Collins, Weld County and Morgan County. Experienced working with Ethiopian, Islamic, Korean, Somali and underserved communities with an additional focus on communities speaking a language other than English.
    • Overwrite – Specializes in serving immigrant, migrant, Hispanic, Asian and Southeast Asian, African and Black communities in the Denver Metro area and Colorado Springs.
    • Prairie Rose – Has a demonstrated history of serving Spanish speaking communities in the Western Slope, Eastern Plains, and Durango communities.
    • Startup Colorado – Serves the Eastern Plains and the San Luis Valley, with experience serving business owners in all rural communities.
    • Wezesha Dada Center – Active in the Denver, Pueblo, Eastern Plains, Aurora, and Colorado Springs, with experience serving immigrant, migrant, diaspora, refugee and Black communities.

    About Colorado Office of Economic Development and International Trade

    The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the State’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Cannabis Business Office; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at oedit.colorado.gov

    ###
     

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI: EMGS – Vessel activity and multi-client sales update for the third quarter 2024

    Source: GlobeNewswire (MIL-OSI)

    Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.  

    At the end of the third quarter 2024 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian completed transit from Brazil to Norway and commenced acquisition of previously announced prefunded multi-client projects including the OBN seismic survey.

    The utilization for the third quarter was 40% compared with 0% for the third quarter 2023. 

    EMGS had one vessel in operation and recorded 3.0 vessel months in the quarter. In the third quarter 2023, the Company recorded 3.0 vessel months.

    Multi-client revenues in the third quarter
    The Company expects to record approximately USD 0.5 million in late sale multi-client revenue in the third quarter of 2024. The revenue for the fully prefunded multi-client surveys, acquired in the third quarter, is expected to be recognized in the fourth quarter of this year upon final data delivery.   

    EMGS will publish its third quarter 2024 financial results on Thursday 7 November 2024 prior to 07:30 local time (Norway). A recorded presentation will also be made available over the Internet. To access the presentation, please go to the Company’s homepage (http://www.emgs.com) and follow the link.

    Contact
    Anders Eimstad, Chief Financial Officer, +47 948 25 836

    This information is published in accordance with the Norwegian Securities Trading Act § 5-12.

    About EMGS
    EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company’s services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel. CSEM technology can also be used to detect the presence of marine mineral deposits (primarily Seabed Massive Sulphides) and EMGS believes that the technology can also be used to estimate the mineral content of such deposits. The Company is undertaking early-stage initiatives to position itself in this future market.

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Renasant Announces 2024 Third Quarter Webcast and Conference Call Information

    Source: GlobeNewswire (MIL-OSI)

    TUPELO, Miss., Oct. 08, 2024 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2024 third quarter results following the NYSE’s closing on Tuesday, October 22, 2024. The Company will hold executive management’s quarterly webcast and conference call with analysts on Wednesday, October 23, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time).

    The webcast is accessible through Renasant’s investor relations website at http://www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=YvWBKrUB. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2024 Third Quarter Earnings Webcast and Conference Call. International participants should dial 1-412-902-4145 to access the conference call.

    The webcast will be archived on http://www.renasant.com and will remain accessible for one year. A replay can be accessed via telephone by dialing 1-877-344-7529 in the United States and entering conference number 8626805 or by dialing 1-412-317-0088 internationally and entering the same conference number. Telephone replay access is available until November 6, 2024.

    About Renasant Corporation:

    Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $17.5 billion and operates 185 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis.

    Note to Investors:

    This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.

    Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. Management believes that the assumptions underlying the Company’s forward-looking statements are reasonable, but any of the assumptions could prove to be inaccurate. Investors are urged to carefully consider the risks described in the Company’s filings with the Securities and Exchange Commission (the “SEC”) from time to time, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at http://www.renasant.com and the SEC’s website at http://www.sec.gov. The Company expressly disclaims any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

    Contacts For Media:         
    John S. Oxford
    Senior Vice President         
    Chief Marketing Officer
    (662) 680-1219
    joxford@renasant.com  
    For Financials:         
    James C. Mabry IV
    Executive Vice President         
    Chief Financial Officer
    (662) 680-1281
    jim.mabry@renasant.com 

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Proportfoliopartners Unveils Revolutionary Trading Platform: Experience 3x Faster Trades

    Source: GlobeNewswire (MIL-OSI)

    London, UK, Oct. 08, 2024 (GLOBE NEWSWIRE) — In a groundbreaking advancement for the crypto trading industry, Proportfoliopartners has introduced a next-generation platform that allows users to trade at speeds up to 3x faster than traditional systems. This revolutionary platform now stands as the most advanced and swiftest crypto trading solution globally, giving investors a significant advantage in today’s fast-moving markets.

    Unlocking 3x Faster Trades
    In a world where speed and precision are critical in the crypto markets, Proportfoliopartners’ platform offers a cutting-edge solution for traders of all experience levels. Engineered to execute trades at speeds far beyond most platforms, it maximizes profit potential in a fraction of the time. Powered by AI-driven algorithms, the platform identifies lucrative opportunities in the market with pinpoint accuracy, helping users consistently achieve competitive returns faster than before.

    “Proportfoliopartners has always been a leader in innovation. With this new platform, we’re empowering traders to stay ahead of real-time market movements,” said the CEO of Proportfoliopartners. “With the world’s fastest trading algorithms, we’re proud to offer investors a way to achieve accelerated returns with unmatched execution speed.”

    Meeting the Demands of a Fast-Paced Market
    The crypto trading landscape is notorious for its volatility and rapid pace, making it essential for traders to react quickly. Traditional platforms often suffer from slow execution speeds, resulting in missed opportunities. Proportfoliopartners’ new platform eliminates these issues, offering ultra-fast trade execution, real-time market insights, and adaptive AI-driven strategies that react within milliseconds.

    “Our platform doesn’t just keep pace with the market—it anticipates it,” the CEO explained. “By analyzing data at lightning speed, traders can capitalize on opportunities before they fully emerge, giving our users a crucial advantage.”

    A Game-Changer for Traders of All Levels
    Whether you’re an experienced trader or just starting, Proportfoliopartners’ platform is designed to cater to all needs. Its user-friendly interface ensures ease of use, while the advanced technology behind the scenes offers powerful tools for both novices and pros. New traders benefit from automated strategies that simplify trading, while seasoned traders can customize and implement their own algorithms for tailored strategies.

    “Our vision was to create a platform that democratizes crypto trading,” the CEO added. “From professionals seeking advanced tools to newcomers looking for confidence, this platform offers everything needed to aim for faster trades and better results, powered by the world’s most sophisticated AI.”

    The Future of Crypto Trading
    As the demand for faster, more efficient crypto trading solutions grows, Proportfoliopartners’ platform arrives at a perfect time. Traders are now looking for platforms that offer not only speed and high returns but also security and transparency. Proportfoliopartners addresses these concerns by integrating state-of-the-art security measures and maintaining regulatory compliance, allowing users to trade with confidence in a secure environment.

    With additional features like advanced risk management tools to safeguard investments and round-the-clock customer support, Proportfoliopartners is committed to providing users with the resources they need to succeed in a rapidly evolving crypto market.

    Call to Action
    Proportfoliopartners’ fast-trading platform is reshaping the crypto trading landscape. Investors are encouraged to explore its full potential and unlock powerful tools designed to enhance trading performance. To celebrate the launch, the company is offering a limited-time promotion, giving new users access to premium features at no extra cost.

    For more information and to experience the future of crypto trading with 3x faster performance, visit Proportfoliopartners today. The future of crypto trading is faster—don’t miss out!

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

    January 23, 2025
  • MIL-OSI USA: Peters, Stabenow Introduce Legislation to Grant Federal Recognition to the Grand River Bands of Ottawa Indians

    US Senate News:

    Source: United States Senator for Michigan Gary Peters

    WASHINGTON, DC – U.S. Senators Gary Peters (D-MI) and Debbie Stabenow (D-MI) introduced legislation that seeks to grant federal recognition to the Grand River Bands of Ottawa Indians (GRB). In addition to granting federal recognition to the GRB, the Grand River Bands of Ottawa Indians Restoration Act would make its members eligible for benefits and services provided by the federal government, including tuition, health care, and housing assistance. U.S. Representative Scholten (D-MI-03) has introduced companion legislation in the House of Representatives. 

    The GRB is a native sovereign nation with agreements with the federal government dating back to 1795. The GRB originally included 19 bands of Ottawa people who lived along the Grand River and other waterways in southwest Michigan. Today, most of the GRB’s membership resides in Kent, Muskegon, and Oceana counties. 

    “For decades, the Grand River Bands of Ottawa Indians has been working to gain federal Tribal recognition,” said Senator Peters. “This bill would finally give them the recognition they deserve, bringing federal resources to its members and protecting their Tribal lands for future generations.”  

    “The Grand River Bands of Ottawa Indians have deep roots in Michigan going back generations,” said Senator Stabenow. “The tribe is recognized by the State of Michigan, but not by the Department of Interior.  This legislation would finally grant federal recognition to this tribe.”

    “On behalf of the Grand River Bands of Ottawa Indians, I thank Sen. Peters and the delegation members who introduced and co-sponsored this bill. After decades of delays, this bill brings renewed hope that our Tribe will achieve federal recognition and our members will gain access to the resources they deserve, including critical funding for social services, education, housing, elder care, exercising our treaty rights and weighing in on federal legislation that impacts tribes. We are grateful to Sen. Peters for his leadership and dedication to justice for the Grand River Bands,” said Ron Yob, Chairman of the Grand River Bands of Ottawa Indians.  

    This legislation is supported by community partners and local government leaders including the Lower Grand River Organization of Watersheds; the West Michigan Plumbers, Fitters and Service Trades; and other key stakeholders throughout Michigan. Rep. Scholten’s House companion legislation is supported by Reps. John Moolenaar (R-MI-02), Dan Kildee (D-MI-08), Jack Bergman (R-MI-01), Lisa McClain (R-MI-09), Tim Walberg (R-MI-05), Haley Stevens (D-MI-11), Elissa Slotkin (D-MI-07), and John James (R-MI-10).  

    Peters and Stabenow have previously led efforts to support Tribal communities across Michigan. In August, the Senate Homeland Security and Governmental Affairs Committee advanced legislation authored by Peters that would require the Federal Emergency Management Administration (FEMA) to accept requests from Tribal governments to receive Fire Management Assistance Grant (FMAG) Declarations. Last year, the Senate unanimously passed legislation introduced by Peters and Stabenow to settle the longstanding land claims of the Keweenaw Bay Indian Community (KBIC) and clear the title of current landowners in the community. The bill authorizes federal funds through the U.S. Department of the Interior (DOI) that may be used by the KBIC for governmental services, economic development, natural resource protection, and land acquisition. 

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI: Announcement: 2024 Interim Financial Statements

    Source: GlobeNewswire (MIL-OSI)

    21Shares AG, the issuer of ETPs listed on various trading venues, has published its interim financial statements for the six months ending 30 June 2024. The financial statements are available at: https://21shares.com/ir/financials

    Contact:

    Email: press@21.co

    Phone: +41 44 260 86 60

    About 21Shares AG:

    21Shares AG, Pelikanstrasse 37, 8001 Zurich, is a Swiss corporation registered in the commercial register of Zurich under the number CHE-347.562.100. It was incorporated on 27 July 2018 and its purpose is the issuance of Exchange Traded Products (ETPs) in Switzerland and worldwide.

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 08.10.2024

    Source: GlobeNewswire (MIL-OSI)

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

    Nokia Corporation: Repurchase of own shares on 08.10.2024

    Espoo, Finland – On 8 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 1,654,395 3.98
    CEUX 694,799 3.98
    BATE – –
    AQEU – –
    TQEX – –
    Total 2,349,194 3.98

    * Rounded to two decimals

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

    Total cost of transactions executed on 8 October 2024 was EUR 9,341,100. After the disclosed transactions, Nokia Corporation holds 159,517,605 treasury shares.

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

    On behalf of Nokia Corporation

    BofA Securities Europe SA

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

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

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

    Inquiries:

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

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

    Attachment

    • Daily Report 2024-10-08

    The MIL Network –

    January 23, 2025
  • MIL-OSI USA: Klobuchar Calls on Administration To Take Action To Address Shortage Of IV Solutions Caused by Hurricane Destruction

    US Senate News:

    Source: United States Senator Amy Klobuchar (D-Minn)
    WASHINGTON – U.S. Senator Amy Klobuchar (D-MN) is urging U.S. Department of Health and Human Services (HHS) Secretary Xavier Becerra and administration officials to use all appropriate authorities to resolve the national shortage of intravenous (IV) solutions caused by the halt in production at the North Carolina IV fluids manufacturing plant hit by Hurricane Helene. Klobuchar also warns that another plant in Daytona Beach, Florida that manufactures IV solutions could also become compromised by fast-approaching Hurricane Milton, exacerbating the existing shortage. 
    “Flooding from Hurricane Helene compromised the safe operations, inventory, raw materials and roadway access at Baxter International’s intravenous (IV) solution plant in Marion, North Carolina,” wrote Senator Klobuchar. “The plant – the largest manufacturing facility of IV solutions in the country – has been forced to cease production. This dangerous situation may be further exacerbated by fast-approaching Hurricane Milton, which may affect the operation of a Daytona Beach, Florida IV solutions plant.” 
    “To address the potentially life-threatening shortage of IV solutions, I urge the Department of Health and Human Services to use all of its available authority to mitigate this devastating situation which threatens patient care, the work of medical and provider staff, and our emergency response readiness,” Klobuchar continued. “In addition to using your authority to address this shortage as quickly and safely as possible, I urge you to coordinate with the Federal Trade Commission and Department of Justice to prevent the distribution of counterfeit IV solutions.”
    Klobuchar has been a national leader in efforts to address prescription and over-the-counter drug shortages.
    In June, Senator Klobuchar chaired an Antitrust Subcommittee hearing titled “Strengthening U.S. Economic Leadership: The Role of Competition in Enhancing Economic Resiliency.” The hearing focused on the danger of consolidation in critical supply chains, which can make the country vulnerable to disruptions and supply shortages that can endanger U.S. economic resiliency and national security.
    In July 2023, Klobuchar, and Senators Susan Collins (R-ME), Tina Smith (D-MN), Lisa Murkowski (R-AK), and Elizabeth Warren’s (D-MA) bipartisan legislation to prevent and mitigate drug shortages was passed out of the Health Education Labor and Pensions (HELP) Committee on a bipartisan vote of 17 to 3. The Drug Shortage Prevention Act would require manufacturers of over-the-counter and prescription medicines to notify the U.S. Food & Drug Administration (FDA) when they are unlikely to meet demand. The legislation also requires drugmakers to provide information about their suppliers of active pharmaceutical ingredients and in-process materials to the FDA.
    In 2012, Klobuchar and Senator Bob Casey (D-PA) led the Preserving Access to Life-Saving Medications Act, which Collins also cosponsored. This bipartisan legislation was signed into law as part of the Food & Drug Administration Safety & Innovation Act of 2012 (FDASIA). The Klobuchar law allows the FDA to require drug manufacturers to report to the FDA six months in advance if any supply or manufacturing disruption could lead to a prescription drug shortage. The law also created the Drug Shortage Prevention Task Force and requires the FDA to submit a report to Congress every year on drug shortages. In 2023, the number of new drug shortages tracked by FDA was 33, compared to a peak of 251 new shortages during 2011, before Klobuchar’s 2012 bill was passed into law giving FDA more tools to prevent shortages.
    The full text of the letter is available HERE and below:
    Secretary Becerra,
    As you know, Hurricane Helene left a trail of destruction and flooding across much of the southern United States. This natural disaster has caused widespread disruption to vital services across the region and country. Notably, flooding from Hurricane Helene compromised the safe operations, inventory, raw materials and roadway access at Baxter International’s intravenous (IV) solution plant in Marion, North Carolina. The plant – the largest manufacturing facility of IV solutions in the country – has been forced to cease production. This dangerous situation may be further exacerbated by fast-approaching Hurricane Milton, which may affect the operation of a Daytona Beach, Florida IV solutions plant. 
    To address the potentially life-threatening shortage of IV solutions, I urge the Department of Health and Human Services to use all of its available authority to mitigate this devastating situation which threatens patient care, the work of medical and provider staff, and our emergency response readiness. 
    As you know, the Baxter facility is responsible for the manufacture of approximately 60 percent of IV fluids and peritoneal dialysis solutions available to health care providers in the United States. As a result of Hurricane Helene, hospitals, dialysis centers, and other health care providers around the country—including many in Minnesota—are already being forced to ration these basic, but life-saving supplies. This means many patients have no choice but to delay starting dialysis, delay elective care, or potentially receive suboptimal treatments. Hospitals and health providers are now canceling elective surgeries, such as cardiovascular and other surgical operations, and canceling organ transplants. 
    In addition to using your authority to address this shortage as quickly and safely as possible, I urge you to coordinate with the Federal Trade Commission and Department of Justice to prevent the distribution of counterfeit IV solutions. Steps must be also taken to ensure that companies advertising or selling FDA-approved IV solutions do not engage in price gouging or other illegal practices. I also urge the administration to implement strategies outlined in recent federal supply chain and manufacturing resilience assessments to mitigate any supply and distribution disruptions.,, Today, few companies in the United States make IV solutions, with a majority share flowing from a single plant. No single entity should be responsible for such a large proportion of fundamental medical supplies on which the health of our nation depends.
    Thank you for your continued efforts as we recover from the devastation of Hurricane Helene and for your attention to this urgent matter. 

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI: Nasdaq Resumes Trading in BAIYU Holdings, Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume in BAIYU Holdings, Inc. (Nasdaq: BYU) at 9:00 a.m. Eastern Time on October 9, 2024. Trading in the company’s stock was halted on September 5, 2024 at 7:50 p.m. Eastern Time.

    For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.

    For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

    Nasdaq Media Contact:
    Sophia Weiss
    Sophia.Weiss@nasdaq.com

    NDAQO

    The MIL Network –

    January 23, 2025
  • MIL-OSI Economics: WTO members discuss legal and regulatory issues under work programme on e-commerce

    Source: WTO

    Headline: WTO members discuss legal and regulatory issues under work programme on e-commerce

    Members shared their national experiences in creating a regulatory environment for digital trade and noted the need to continue to take stock of experiences in the form of dedicated discussions and workshops.
    Members also noted the need for the WTO to use its convening power to collaborate with other stakeholders, such as international organizations, the private sector and other experts, in order to have a deeper examination of the e-commerce issues at hand.
    Members noted that topics such as consumer protection, data protection and cybersecurity are amongst the areas that can be addressed through developing the necessary legal and regulatory frameworks, which can enhance trust and help create a conducive environment for e-commerce.
    Several members also highlighted that work undertaken in the context of the Joint Statement Initiative on E-commerce among a group of WTO members and in regional trade agreements can be a point of departure or a reference point in the development of those frameworks.
    Ambassador Richard Brown of Jamaica, the new facilitator of the work programme, said that the next dedicated session will be on 12 November.

    Share

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Economics: WTO Chairs Programme expands academic network to under-represented regions

    Source: World Trade Organization

    Following the addition of these five universities, the programme’s network will comprise a total of 40 Chairs. This expansion is anticipated to strengthen the impact of regional and global initiatives within the network and to promote deeper collaboration and knowledge sharing among academics, policymakers and trade experts.

    The five selected institutions will join the programme’s next four-year cycle, which is slated to begin in 2025. They will contribute to the programme’s research, curriculum development and outreach and will benefit from mentoring provided by other Chairs to ease their integration into the network. They will also engage in collaborative events, conferences and seminars to extend the academic and practical impact of their work on trade policies at the national and international levels.

    The fourth cycle of the WTO Chairs Programme also marks a transition to a more frequent admission of institutions into the network to further the global reach and impact of the programme. Greater synergies with the WTO’s other technical assistance activities are also anticipated.

    This expansion builds on the WTO’s longstanding efforts to ensure that academic institutions play a crucial role in shaping trade policy and deepening the understanding of the multilateral trading system. Funded by France, Austria, the Republic of Korea and Australia, the WTO Chairs Programme has grown from strength to strength as it seeks to address current and emerging global trade challenges.

    The selection of universities follows a rigorous review process of applications led by the WTO Chairs Programme Academic Advisory Board.

    More information about the Chairs Programme is available here.

    Selected institutions

    Member

    Academic Institution

    Dominican Republic

    Universidad Iberoamericana

    Nigeria

    Nnamdi Azikiwe University

    Qatar

    Hamad Bin Khalifa University

    Togo

    Université de Lomé

    Vanuatu

    National University of Vanuatu

    Share

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Europe: JOINT MOTION FOR A RESOLUTION on strengthening Moldova’s resilience against Russian interference ahead of the upcoming presidential elections and a constitutional referendum on EU integration – RC-B10-0072/2024

    Source: European Parliament

    Siegfried Mureşan, Andrzej Halicki, Michael Gahler, Sebastião Bugalho, David McAllister, Željana Zovko, Nicolás Pascual De La Parte, Isabel Wiseler‑Lima, Antonio López‑Istúriz White, Wouter Beke, Krzysztof Brejza, Daniel Caspary, Jan Farský, Rasa Juknevičienė, Sandra Kalniete, Ondřej Kolář, Andrey Kovatchev, Andrius Kubilius, Miriam Lexmann, Vangelis Meimarakis, Ana Miguel Pedro, Davor Ivo Stier, Michał Szczerba, Ingeborg Ter Laak, Matej Tonin, Milan Zver, Ioan‑Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Mircea‑Gheorghe Hava, Dan‑Ştefan Motreanu, Virgil‑Daniel Popescu, Adina Vălean, Loránt Vincze, Iuliu Winkler
    on behalf of the PPE Group
    Yannis Maniatis, Nacho Sánchez Amor, Sven Mikser, Thijs Reuten, Dan Nica, Victor Negrescu, Gheorghe Cârciu, Mihai Tudose, Adrian‑Dragoş Benea, Gabriela Firea, Maria Grapini, Claudiu Manda, Vasile Dîncu, Ştefan Muşoiu
    on behalf of the S&D Group
    Joachim Stanisław Brudziński, Adam Bielan, Mariusz Kamiński, Cristian Terheş, Alexandr Vondra, Roberts Zīle, Ivaylo Valchev, Carlo Fidanza, Rihards Kols, Sebastian Tynkkynen, Michał Dworczyk, Assita Kanko, Małgorzata Gosiewska, Maciej Wąsik, Veronika Vrecionová, Georgiana Teodorescu, Adrian‑George Axinia, Ondřej Krutílek, Tobiasz Bocheński, Alberico Gambino, Gheorghe Piperea, Aurelijus Veryga, Şerban‑Dimitrie Sturdza, Claudiu‑Richard Târziu, Charlie Weimers
    on behalf of the ECR Group
    Dan Barna, Petras Auštrevičius, Helmut Brandstätter, Benoit Cassart, Olivier Chastel, Veronika Cifrová Ostrihoňová, Bernard Guetta, Ľubica Karvašová, Ilhan Kyuchyuk, Nathalie Loiseau, Urmas Paet, Marie‑Agnes Strack‑Zimmermann, Eugen Tomac, Hilde Vautmans, Lucia Yar, Dainius Žalimas
    on behalf of the Renew Group
    Reinier Van Lanschot
    on behalf of the Verts/ALE Group
    Jonas Sjöstedt
    on behalf of The Left Group

    European Parliament resolution on strengthening Moldova’s resilience against Russian interference ahead of the upcoming presidential elections and a constitutional referendum on EU integration

    (2024/2821(RSP))

    The European Parliament,

    – having regard to its previous resolutions on the Republic of Moldova,

    – having regard to the Association Agreement between the European Union and the European Atomic Energy Community and their Member States, of the one part, and the Republic of Moldova, of the other part[1], which includes a Deep and Comprehensive Free Trade Area,

    – having regard to the Republic of Moldova’s application for EU membership of 3 March 2022, and the European Council’s consequent granting of candidate country status on 23 June 2022,

    – having regard to the convening of the first Intergovernmental Conference on Moldova’s accession to the EU, held in June 2024,

    – having regard to Articles 2 and 49 of the Treaty on European Union,

    – having regard to the joint statement of 13 June 2024 by the US, Canada and the UK on exposing Russia’s subversive activity and electoral interference targeting Moldova,

    – having regard to Rules 136(2) and (4) of its Rules of Procedure,

    A. whereas on 20 October 2024, the Republic of Moldova is scheduled to hold a presidential election and a constitutional referendum on EU integration, amid ongoing Russian interference and attempts to destabilise the political situation and electoral process in the country;

    B. whereas the Russian Federation has been using economic blackmail, provocation, disinformation, illegal funding of political parties, cyberattacks and other hybrid means to undermine the stability, sovereignty, constitutional order and democratic institutions of the Republic of Moldova; whereas Russia’s subversive activities in Moldova seek to undermine popular support for the European path chosen by the people of Moldova and to incite destabilisation; whereas the active measures envisaged include establishing and promoting front organisations disguised as non-governmental organisations and ‘cultural centres’, disseminating online and offline disinformation, establishing strong pro-Russian political and societal constituencies and returning the Republic of Moldova to a state of dependency on Russian hydrocarbons;

    C. whereas in 2023, the EU imposed sanctions on key Moldovan oligarchs and pro-Russian actors, such as Ilan Shor, Vladimir Plahotniuc, Igor Ceaika, Gheorghe Cavaliuc and Marina Tauber, on the basis of a recently established sanctions regime targeting persons responsible for actions aimed at destabilising, undermining or threatening the sovereignty and independence of the Republic of Moldova; whereas allies of Mr Shor have reportedly actively recruited, arranged logistics for and provided financial compensation to individuals to join their protests; whereas on 3 October 2024, a large-scale electoral fraud operation was uncovered, financed by pro-Russian oligarch Ilan Shor, revealing that over USD 15 million had been transferred in September 2024 to over 130 000 Moldovan citizens involved in this voter bribery scheme; whereas on 18 September 2024, two close allies of Ilan Shor – deputy Marina Tauber and the Governor (Bashkan) of Gagauzia, Evghenia Guțul – met with the spokesperson of the Russian Foreign Ministry, Maria Zakharova, and subsequently gave false information about the EU and the Republic of Moldova’s future within it;

    D. whereas one of the tools used by the Russian state is the state-funded RT network (formerly Russia Today), which has moved beyond media activities, becoming actively involved in cyber operations, covert influence, military procurement and information warfare across various regions; whereas in June 2024, the US, together with the UK and Canada, exposed Russia’s efforts to engage in subversive activities and electoral interference targeting the Republic of Moldova;

    E. whereas in September 2024, the US imposed sanctions on three entities and two individuals for their involvement in Russia’s destabilising actions abroad, including in the Republic of Moldova; whereas these covert efforts have included RT personnel providing direct support to fugitive Moldovan oligarch Ilan Shor, the key perpetrator of the 2014 USD 1 billion bank fraud scandal; whereas, according to the US State Department, RT and its employees, including editor-in-chief Margarita Simonyan, have directly coordinated with the Kremlin to support Russian Government efforts to influence the Moldovan presidential election of October 2024, with the apparent aim of inciting unrest in the Republic of Moldova;

    F. whereas the Security and Intelligence Service of the Republic of Moldova has reported an unprecedented level of intensity in Russia’s actions aimed at anchoring Moldova within its sphere of influence; whereas this hybrid threat is targeted at democratic processes and undermines European integration by amplifying radical separatist tendencies in the south of the country, particularly in Gagauzia (UTAG), using propaganda, manipulating the information space, interfering in the electoral process and conducting subversive operations; whereas Moldova’s national security services have stated that Russia is funding the ‘no’ campaign, with around EUR 100 million for pro-Russian political groups, and spreading disinformation on social media to sow doubt about the legitimacy of the electoral process; whereas in 2023, Ukrainian intelligence reported that it had intercepted a plan by Russia to stage a coup and oust Moldovan President Maia Sandu;

    G. whereas the Republic of Moldova has taken steps to combat Russian interference, including by banning pro-Russian political parties that are operating outside the law, sanctioning oligarchs, suspending media outlets that spread disinformation, and increasing customs controls; whereas Moldova’s updated national security strategy attributes disinformation campaigns and other hybrid attacks to Russia;

    H. whereas the unprovoked, unjustified and illegal war of aggression launched by the Russian Federation against Ukraine profoundly affects regional security and stability, endangering the Republic of Moldova’s macroeconomic situation, financial stability, democratic development and social cohesion, while further increasing the incidence and severity of poverty, inflation and emigration; whereas the Russian Federation, in cooperation with domestic Russia-sponsored actors, galvanises and uses the resultant widespread economic, geopolitical and security uncertainty to delegitimise and foster opposition to the Moldovan Government’s pro-European policies;

    I. whereas despite the dramatic effects of the war on Ukraine and these destabilisation attempts, the Republic of Moldova has managed to significantly consolidate its democracy, continue its reform trajectory and develop its relations with the EU; whereas the improvements in the country’s democratic system have been reflected in its progress on various international indexes; whereas the Moldovan Government’s enhanced implementation of current agreements demonstrates its commitment to closer cooperation with and integration into the EU;

    J. whereas the Republic of Moldova is a close and valued partner of the EU; whereas its application for EU membership, and the European Council’s decision to grant candidate country status to the Republic of Moldova on the understanding that nine steps are taken, demonstrates a strong joint ambition for swift EU integration; whereas through the Association Agreement and the Deep and Comprehensive Free Trade Area, in force since 2016, the EU and Moldova have committed to promoting political association and achieving economic integration;

    K. whereas on 3 March 2022, the Republic of Moldova applied for EU membership, and on 23 June 2022, was granted candidate country status by unanimous agreement of all 27 EU Member States; whereas the EU opened accession negotiations with the Republic of Moldova during the first accession conference at ministerial level, held in Luxembourg on 25 June 2024, following the European Council’s decision of 14-15 December 2023 to open accession negotiations with Moldova, and the Council’s approval of the negotiating framework for these negotiations on 21 June 2024; whereas EU accession remains a merit-based process that requires the fulfilment of the EU membership criteria;

    L. whereas every sovereign state has the inherent right to defend itself and to invest in its defence and resilience capabilities, and such actions are consistent with the Republic of Moldova’s status of neutrality;

    M. whereas the Council has adopted assistance measures worth EUR 137 million for the benefit of the Armed Forces of the Republic of Moldova under the European Peace Facility since 2021;

    N. whereas on 24 April 2023, the EU set up the Partnership Mission in the Republic of Moldova (EUPM Moldova) under the common security and defence policy, with the objective of enhancing the security sector’s resilience in the areas of crisis management, hybrid threats, including cybersecurity and countering foreign information manipulation and interference; whereas on 21 May 2024, Moldova became the first country to sign a Security and Defence Partnership with the EU, which will help strengthen cooperation on security and defence policy between the EU and Moldova;

    O. whereas, according to several reports, many priests from the Metropolis of Moldova have travelled to Russia, where they received funds with the intention of using them for electoral purposes in the Republic of Moldova;

    1. Stands in solidarity with the people of the Republic of Moldova and reiterates its unwavering support for the independence, sovereignty and territorial integrity of the Republic of Moldova within its internationally recognised borders;

    2. Strongly condemns the escalating malicious activities, interference and hybrid operations by the Russian Federation, pro-Russian oligarchs and Russian-sponsored local actors aimed at undermining the electoral processes, security, sovereignty and democratic foundations of the Republic of Moldova, fostering divisions within Moldovan society and derailing the country’s pro-European trajectory, ahead of the upcoming presidential election and the constitutional referendum on EU integration;

    3. Reiterates its call on the Russian authorities to respect the Republic of Moldova’s independence, sovereignty and territorial integrity, and to cease its provocations and attempts to destabilise the country and undermine its constitutional order and democratic institutions; reiterates its calls on Russia to withdraw its military forces and equipment from the territory of the Republic of Moldova, to ensure the full destruction of all ammunition and equipment in the Cobasna depot under international oversight and to support a peaceful resolution to the Transnistrian conflict, in line with the principles of international law and the 1999 Istanbul Summit Declaration of the Organization for Security and Co-operation in Europe;

    4. Calls for the EU and its Member States to ensure that all necessary assistance is provided to the Republic of Moldova to strengthen its institutional mechanisms and its ability to respond to hybrid threats; calls for increased EU support for Moldova in countering disinformation, hybrid threats and cyberattacks; underlines that this should entail boosting Moldova’s capacity to combat disinformation, strengthen its cybersecurity infrastructure and enhance resilience against external malign influences; emphasises the particular importance of countering false Russian narratives, while underscoring their malign interference in the Republic of Moldova and the ways in which they are used to justify Russia’s war of aggression against Ukraine;

    5. Calls on the Council to adopt additional targeted sanctions listings against individuals and entities responsible for supporting or carrying out actions which undermine or threaten the Republic of Moldova’s sovereignty and independence, as well as the country’s democracy, stability or security, and the rule of law; calls for the EU and national authorities to make sure those sanctions are duly implemented; reiterates its call on the respective hosting states and territories to extradite Ilan Shor, Vladimir Plahotniuc and other individuals sought for trial in the Republic of Moldova;

    6. Highlights the important role played by the EU Partnership Mission in the Republic of Moldova (EUPM Moldova); calls for the EU and its Member States to ensure that EUPM Moldova performs to the best of its ability, taking stock of progress and adapting its operations if necessary to make it as efficient as possible, while proposing to further extend its mandate beyond May 2025, adapt its scope and increase the mission’s resources; calls for the EU and its Member States to increase their support for Moldova’s Center for Strategic Communication and Combating Disinformation; calls on the Commission to report on the results of the EU support package for Moldova of June 2023, particularly the stated aim of countering foreign information manipulation and interference, and building capacity for independent media, civil society and youth;

    7. Applauds the Republic of Moldova’s steadfast support for Ukraine since the start of Russia’s war of aggression; commends the Republic of Moldova for welcoming 1.5 million Ukrainian refugees throughout the war, of which an estimated 125 000 remain in the country; calls for the EU and its Member States to ensure continued support for Moldova and its people in addressing the challenges facing the country as a consequence of Russia’s war of aggression against Ukraine, including large numbers of refugees, inflation, threats to its energy supplies and violations of its airspace;

    8. Reaffirms its commitment to the Republic of Moldova’s future membership of the EU; believes that its membership in the EU would constitute a mutually beneficial investment in a united and strong Europe; welcomes the widespread support in the Republic of Moldova for its European integration; stresses that the Republic of Moldova’s European integration represents not only a path towards greater economic prosperity, but also a safeguard for political stability and security in the face of external threats;

    9. Calls for the acceleration of the screening process and the timely organisation of subsequent intergovernmental conferences, where negotiations on Cluster 1 on Fundamentals should be initiated; calls for the EU to adequately support accession-related reforms by developing robust and adaptable financial instruments tailored to the Republic of Moldova’s specific needs with a view to effectively addressing its economic and structural challenges, and ensuring the country remains resilient and capable of implementing the necessary reforms throughout its EU accession process; urges the acceleration of Moldova’s gradual integration into the EU and the single market by allowing participation in new initiatives and EU programmes, which will deliver tangible socio-economic benefits in specific areas even before the country formally joins the EU; reiterates its call, in this regard, for the EU to take swift and significant steps towards the permanent liberalisation of its tariff-rate quotas;

    10. Calls for more consistent support for the Republic of Moldova in its EU accession process, including increased technical assistance by sending additional EU advisors to the Moldovan authorities, as a contribution to strengthening capacity-building;

    11. Calls for the adoption of a new growth plan for the Republic of Moldova so as to adequately finance and support Moldova in achieving economic convergence with the EU; believes that this plan should finance investments in infrastructure, human capital and the digital and green transitions, facilitating sustainable economic growth;

    12. calls on the Commission, in this regard, to include the Republic of Moldova in the Instrument for Pre-accession Assistance and to prioritise funding for candidate countries in its proposal for the next multiannual financial framework (2028-2034), ensuring the path towards EU membership;

    13. Welcomes the Republic of Moldova’s significant progress in implementing EU accession-related reforms and encourages the Moldovan authorities to continue the ambitious reforms on democracy and the rule of law; calls for the EU and its Member States to prioritise and allocate additional resources to efforts to support the rule of law and anti-corruption reforms in the Republic of Moldova in order to address vulnerabilities, including those related to corruption in the security sector, justice system, public administration and media, which could enable Russian interference and disinformation; encourages the Moldovan Government to continue working with all stakeholders towards a sustainable and comprehensive justice and anti-corruption reform, in line with EU and Venice Commission recommendations;

    14. Underlines the importance of advancing the country’s reform process in order to improve living standards, particularly for vulnerable groups, and to provide the younger generations with attractive prospects for life and work in the country, thereby increasing societal resilience to hybrid attacks and reducing the number of citizens seeking better living conditions elsewhere in Europe; highlights the need for the social acquis to be better represented in the Commission’s assessments and recommendations;

    15. Reiterates its support for stronger cooperation on security and defence policy between the EU and the Republic of Moldova; commends the Republic of Moldova for becoming the first country to sign a security and defence partnership with the EU and calls for this partnership to be put into practical action; calls for the EU to progressively include the Republic of Moldova in upcoming legislative initiatives and programmes relating to European security and defence; supports the continued work under the High-Level Political and Security Dialogue between the EU and the Republic of Moldova to enhance cooperation on foreign and security policy;

    16. Calls on the Member States to increase the European Peace Facility’s funding for the Republic of Moldova to further enhance the country’s defence capabilities;

    17. Reiterates its call for the EU and its Member States to continue supporting the efforts of the Moldovan authorities to maintain macroeconomic stability and enhance its energy security by supporting the construction of new electricity interconnections with neighbouring countries; calls for the EU and its Member States to financially support energy efficiency and renewable energy projects as a clean and sustainable way of reducing Moldova’s energy demand and diversifying its supply, while ensuring energy affordability, in particular for the most vulnerable groups;

    18. Urges the EU and its Member States to further strengthen cooperation with Moldova through targeted measures in order to enhance the country’s resilience to hybrid threats, including by improving strategic communications about the EU, supporting journalists and civil society in countering disinformation, promoting independent Russian-language media content and enhancing public information literacy; calls for additional resources and technical know-how to assist the Moldovan Government’s strategic communications, internal coordination and capacity-building against hybrid attacks and disinformation; commends the efforts of Moldovan civil society in supporting the Moldovan Government’s fight against disinformation and promoting democratic values; calls on the Commission and the Member States to continue supporting media literacy and media independence, as well as the strengthening of Moldova’s critical digital infrastructure, including through the replacement of Russian-origin information and communications technology systems; calls for the EU and its Member States to expand and intensify their direct engagement with Moldovan citizens by including them in various EU and bilateral programmes and projects, such as citizen consultations, and to foster people-to-people connections;

    19. Calls on the Commission to assist the Moldovan Government in putting pressure on social media platforms to address disinformation effectively;

    20. Instructs its President to forward this resolution to the Council, the Commission, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, the governments and parliaments of the Member States, the President, Government and Parliament of the Republic of Moldova, the United Nations, the Organization for Security and Co-operation in Europe, the Council of Europe and the Russian authorities.

     

     

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI USA: Honoring New York’s Fallen Firefighters

    Source: US State of New York

    Governor Kathy Hochul today honored 32 fallen firefighters at the 27th Annual New York State Fallen Firefighters Memorial Ceremony held at the Empire State Convention Center in Albany. The Memorial honors 2,692 New York’s firefighters who lost their lives in the line of duty, paying tribute to them as well as thousands of firefighters across the state who continue to serve and protect their communities.

    “Let us take a moment to remember the 32 courageous firefighters whose lives were dedicated to protecting others. Their names, now forever honored on the Memorial Wall, symbolize the bravery and sacrifice that define our firefighting community,” Governor Hochul said. “As we celebrate Firefighter Appreciation Day and Fire Prevention Week, let us not only express our gratitude but also commit ourselves to fire safety and the well-being of those who risk everything for us. Together, we uphold the legacy of these heroes and the values they instill in us all.”

    “Our firefighters embody the definition of what it means to selflessly serve one’s community, and today, we remember those we lost fulfilling that service,” Lieutenant Governor Antonio Delgado said. “These men and women are heroes who rose to meet challenges that most of us can scarcely imagine, and we owe them a debt of gratitude we will never be able to repay to those they have left behind. Today, we mourn alongside their families, friends, and colleagues as we salute their courage.”

    The fallen firefighters added to the wall this year include:

    NAME FIRE DEPARTMENT
    Thomas W. Anderson Jr. Fire Department of the City of New York
    Rev. Msgr. John E. Delendick Fire Department of the City of New York
    James A. Drohan Sr. Ossining Fire Department
    Russell Feliciano Fire Department of the City of New York
    Albert A. Filosa Fire Department of the City of New York
    John P. Fogarty Fire Department of the City of New York
    Niel G. Frazier Jr. Ellington Volunteer Fire Department, Inc.
    Frederick H. Gallagher Fire Department of the City of New York
    Joseph P. Giordano Freeport Fire Department
    Wayne T. Goehring Fire Department of the City of New York
    Andrew J. Hornbuckle Fire Department of the City of New York
    Edward V. Hronec Fire Department of the City of New York
    Stewart G. Hunt Ancram Fire Department
    Robert J. Kelly Fire Department of the City of New York
    Lamont Killian Jr. Mount Vernon Fire Department
    Scott E. LaFlesh Plattsburgh Fire Department
    Arthur S. Lakiotes Fire Department of the City of New York
    James C. Mager Fire Department of the City of New York
    Anthony Malfi Fire Department of the City of New York
    Vincent J. Mandala Fire Department of the City of New York
    George P. Matthias Greenport Fire Department
    Thomas J. McDougall Fire Department of the City of New York
    Brian E. O’Flaherty Fire Department of the City of New York
    Jeffrey S. Pells Arlington Fire District
    Philip A. Pinto Jr. Eastchester Fire District
    James T. Redmond Fire Department of the City of New York
    Karl J. Sederholt Fire Department of the City of New York
    Lloyd W. Stuart Fire Department of the City of New York
    John E. Veteri Sr. Larchmont Fire Department
    Michael Verzi Fire Department of the City of New York
    Christopher P. Viviano Fire Department of the City of New York
    Israel J. Vosseller New Haven Volunteer Fire Department

    Governor Hochul also today issued two proclamations to honor the state’s career and volunteer firefighters, marking Oct. 8, 2024 as Firefighter Appreciation Day, and the week of Oct. 7-11, 2024 as Fire Prevention Week. The New York State Office of Fire Prevention and Control works with local fire departments, fire service organizations, school districts, civic groups, and the National Fire Protection Association to provide the public with information and programs about the importance of fire safety awareness.

    Division of Homeland Security and Emergency Services Commissioner Jackie Bray said, “We honor our fallen firefighters on this day and recognize their courage and the ultimate sacrifice they made to keep others safe. We will always be grateful for their dedication and bravery. We thank them for their service and grieve their loss with their families and loved ones.”

    State Fire Administrator James Cable said, “Those honored today include both career and volunteer members from across the State. Illnesses directly related to the response and recovery efforts at the World Trade Center site after the attacks of September 11, 2001 continue to take their toll. We also gather to acknowledge and recognize the families, friends, and fellow firefighters of those who we are honoring today. Their loved one’s service required they too serve and sacrifice, and we offer our support and sympathy for their loss.”

    About the State Office of Fire Prevention and Control

    The Office of Fire Prevention and Control delivers a wide breadth of essential services to firefighters, emergency responders, state and local government agencies, public and private colleges, and the citizens of New York to help ensure the safety of all stakeholders. The office advances public safety through firefighter training, education, fire prevention, investigative, special operations, and technical rescue programs.

    About the Division of Homeland Security and Emergency Services

    The Division of Homeland Security and Emergency Services provides leadership, coordination, and support to prevent, protect against, prepare for, respond to, recover from, and mitigate disasters and other emergencies. For more information, follow @NYSDHSES on Facebook, Instagram, and X (formerly known as Twitter) or visit dhses.ny.gov.

    MIL OSI USA News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Round Table Conference on IPR and Commercialization in Ayush Systems organised

    Source: Government of India (2)

     Round Table Conference on IPR and Commercialization in Ayush Systems organised

    Integration of traditional wisdom with modern technologies to protect intellectual property and foster innovation

    Global Partnerships in the last decade led to tremendous Growth in the Ayush Manufacturing Sector: Vaidya Rajesh Kotecha, Secretary, Ayush

    Posted On: 08 OCT 2024 7:00PM by PIB Delhi

    A Round Table Conference focusing on “Intellectual Property, Regulatory Framework, and Commercialization Aspects in Traditional Knowledge of Ayush Systems” was organised by the Office of Controller General of Patents, Designs, and Trade Marks (CGPDTM) in collaboration with the School of Biotechnology, Jawaharlal Nehru University (JNU), and the National Institute of Ayurveda (NIA), Jaipur here today. The conference gathered leading experts from academia, government, and industry to address the critical challenges and opportunities in protecting and advancing traditional knowledge in Ayush systems.

    The event was graced by Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, as the Chief Guest. Prof. (Vaidya) Kartar Singh Dhiman, Vice Chancellor of Shri Krishna Ayush University, Haryana, Prof. Anupam Srivastava, Head of Rasa Shastra and Bhaishajya Kalpana at NIA, Jaipur, Prof. Rupesh Chaturvedi from the School of Biotechnology, JNU were among other dignitaries who graced the event.

    In his address, Prof. Kotecha emphasized the essential role of research and teaching in Ayurveda and how these pillars drive the Intellectual Property Rights (IPR) agenda in traditional medicine.

    Highlighting the Ministry’s initiatives to strengthen Ayush systems, he said, “The evolving digital ecosystem and the generation of scientific evidence are crucial for advancing the Indian system of medicine. We integrate traditional wisdom with modern technologies to protect intellectual property and foster innovation.” Prof. Kotecha praised the Ayurveda Biology Program at JNU for its forward-thinking approach, which contributed to the modernisation and internationalisation of Ayurveda research.

    He also elaborated on India’s collaborations with the World Health Organization (WHO), focusing on developing global standards for traditional medicine. He credited these initiatives for contributing to India’s burgeoning Ayush manufacturing sector, which has witnessed tremendous growth over the past decade. Prof. Kotecha stressed that the collaboration between academia and industry is critical to further enhancing the global competitiveness of Ayush products while ensuring the protection of traditional knowledge through appropriate IPR frameworks.

    Prof. (Vaidya) Kartar Singh Dhiman, Vice Chancellor of Shri Krishna Ayush University, Haryana, was the Guest of Honor at the conference. He underscored the need for greater cooperation among all Ayush agencies to address common challenges in research and commercialisation. “A molecular understanding of traditional medicine and developing research tools specific to Ayush systems are essential. Moreover, we must include IPR as a core subject in postgraduate courses to prepare future scholars for the challenges ahead,” he remarked.

    Addressing a session, Prof. Anupam Srivastava, Head of Rasa Shastra and Bhaishajya Kalpana at NIA, Jaipur, traced the evolution of Ayush systems from the Department of Indian Systems of Medicine and Homeopathy (ISM&H) to the establishment of the Ministry of Ayush. He emphasized the Traditional Knowledge Digital Library’s (TKDL) critical role in protecting India’s traditional medicinal knowledge from biopiracy. He proposed a six-month course on IPR, specifically tailored to the needs of Ayush professionals, to address gaps in intellectual property awareness.

    Prof. Rupesh Chaturvedi from the School of Biotechnology, JNU, spoke on the importance of protecting traditional knowledge in India and globally. He stressed the need to bridge research gaps to facilitate the commercialisation of Ayush products. “The proprietary issues surrounding Ayush systems can only be resolved through dedicated research and innovation. We must safeguard our traditional knowledge while ensuring its global integration,” he said.

    The conference concluded with a series of panel discussions that brought together leaders from Ayurveda, Unani, and Homeopathy. These sessions explored the creation and protection of intellectual property for Ayush innovations, the necessary regulatory frameworks, and strategies for commercialisation and benefit sharing.

    This conference marked a pivotal moment in addressing Ayush systems’ regulatory and intellectual property challenges. The discussions centred on crafting a shared vision to strengthen research, policy frameworks, and educational initiatives promoting India’s traditional knowledge globally. The event also fostered collaborations to advance Ayush systems’ contributions to global healthcare.

    As India continues to assert its leadership in traditional medicine, the dialogue initiated at this conference will catalyse further advancements in research, commercialisation, and intellectual property protection in the Ayush sector. The Ministry of Ayush remains committed to ensuring that Ayush systems continue to grow as an integral part of global healthcare solutions.

    ****

    MV/AKS

    (Release ID: 2063258) Visitor Counter : 58

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Submissions: Energy Sector – Equinor acquires a 9.8% minority stake in Ørsted

    Source: Equinor

    07 OCTOBER 2024 – Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company.

    The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company.

    “Equinor has a long-term perspective and will be a supportive owner in Ørsted. This is a counter-cyclical investment in a leading developer, and a premium portfolio of operating offshore wind assets. The exposure to producing assets complements Equinor’s operated offshore wind portfolio of large projects under development”, says Anders Opedal, CEO of Equinor.

    Equinor is supportive of Ørsted’s strategy and management, and is not seeking board representation.

    “This investment is in line with Equinor’s strategy of value driven growth in renewables. The offshore wind industry is currently facing a set of challenges, but we remain confident in the long-term outlook for the sector, and the crucial role offshore wind will play in the energy transition”, says Opedal.

    Ørsted has a net renewable generation capacity of around 10.4 GW, and a gross portfolio of offshore wind projects in execution of around 7 GW. The company’s ambition is to achieve a gross installed renewable capacity of around 35 to 38 GW by 2030. (1)

    Equinor’s ownership position has been built over time, through a combination of market purchases and a block trade.

    The current market value of Equinor’s holding in Ørsted is around USD 2.5bn, based on a closing price Friday 4 October of DKK 418 per share and a USD/DKK exchange rate of 6.8.

    Subject to obtaining regulatory approvals under applicable Foreign Direct Investment regulations, Equinor intends to increase its ownership to 10%. There are currently no plans to further increase the stake.

    The transaction will be executed within Equinor’s communicated financial framework.

    * * *

    (1) Net renewable generation capacity refers to the company’s equity share of offshore wind, onshore wind and solar generation capacity. Offshore wind projects in execution and the 2030 ambition are gross (100%) numbers. The ambition also includes onshore renewable energy, power-to-X and bioenergy. Source: Ørsted’s Q2-24 presentation and asset book.

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

    MIL OSI – Submitted News –

    January 23, 2025
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