Category: Trade

MIL-OSI Asia-Pac: Bharat has emerged as the most buoyant economy in the world that has 8% growth prospects for decades to come, stresses VP

Source: Government of India (2)

Bharat has emerged as the most buoyant economy in the world that has 8% growth prospects for decades to come, stresses VP

India is now a global happening place and Uttar Pradesh is bubbling with activity, says VP

Local to Global: Propelling India’s Economic Rise, says Shri Dhankhar

Vice-President lauds Uttar Pradesh’s Transformation into ‘Uttam Pradesh’

Synergy between PM Modi’s Vision and CM Yogi’s Leadership Driving India’s Journey toward Viksit Bharat by 2047, says VP Dhankhar

Vice-President inaugurates the 2nd Edition of UP International Trade Show at Greater Noida in UP

Posted On: 25 SEP 2024 3:53PM by PIB Delhi

The Hon’ble Vice-President of India, Shri Jagdeep Dhankhar today stated that Bharat is now one of the most buoyant economies in the world and a favorite destination for global investment. Delivering the inaugural address at the 2nd edition of the Uttar Pradesh International Trade Show 2024, held in Greater Noida today, Shri Dhankhar highlighted, “Today, Bharat is a near $4 trillion economy that has 8% growth prospects for decades to come. India is now a global happening place and Uttar Pradesh, the state bubbling with activity”.

Synergy between the PM’s vision coupled with CM Yogi’s execution, which has no accommodation for corruption, no tolerance for inefficiency has transformed Uttar Pradesh into Uttam Pradesh.

Sustained efforts of Yogi ji are leading the way and Uttar Pradesh is fast becoming Udyam… pic.twitter.com/zOezsoQFK9

— Vice-President of India (@VPIndia) September 25, 2024

Praising the country’s infrastructure development, Shri Dhankhar cited addition of 8 new airports annually, rapid expansion of metro systems, and the daily construction of 28 kilometres of highway. Shri Dhankhar pointed to the 12 new industrial zones taking shape under Prime Minister Modi’s leadership, which will boost manufacturing and position India to capitalize on emerging technologies like AI, electric mobility, and semiconductors.

The Vice-President emphasized the significant advancements in India’s infrastructure, stating, “We now have the world’s second-largest metro network, and the number of cities with airports has doubled from 70 to 140. India is the largest connected nation globally, with over 800 million broadband users.” He further highlighted the impact of digital technologies, which have enabled housing for 170 million people, health coverage for 60 million, and loans for 58 million small businesses annually.

“In terms of digital financial transactions, India records the highest globally, with 13 billion transactions per month. Additionally, we boast the world’s third-largest startup ecosystem, featuring 117 unicorns and the third-largest purchasing power in the world,” he noted.

Shri Dhankhar also underscored the importance of the semiconductor industry, stating, “This industry, which is critical to our growth, is projected to surpass $55 billion by 2026. I have no doubt this century belongs to Bharat”, he noted.

Additionally, the Vice-President highlighted Bharat’s remarkable leap from “Make in India” to “Conceptualize, Design, and Make in India.” He noted that India is now engaged in its own concept evolution, with both multinational corporations and Indian companies adopting a synergetic stance.

Hon’ble Vice-President, Shri Jagdeep Dhankhar visited the stalls of partner country, Vietnam at the 2nd edition of Uttar Pradesh International Trade Show at Gautam Buddha Nagar, Uttar Pradesh today. @UPIntrTradeShow #UPITS2024 @myogiadityanath pic.twitter.com/cdwSpr2l6k

— Vice-President of India (@VPIndia) September 25, 2024

This event, Shri Dhankhar remarked, aligns with Prime Minister Modi’s vision of an ‘Atmanirbhar Bharat’ and embraces the motto of ‘Local to Global.’ “First, it was ‘Vocal for Local,’ and now we are taking it to the next level with ‘Local to Global.’ India’s progress is evident in various sectors, and this trade show serves as the right epicentre to propel that growth,” he added.

Shri Dhankhar lauded Uttar Pradesh’s transformation into Uttam Pradesh under the synergy between Prime Minister Shri Narendra Modi’s vision and Chief Minister Shri Yogi Adityanath’s execution. He highlighted that this same synergy is propelling India’s transformation towards a Viksit Bharat by 2047.

Commending the Chief Minister of Uttar Pradesh Shri Yogi Adityanath, the Vice President highlighted how Uttar Pradesh, once plagued with challenges, has been transformed into a beacon of progress and development. “Nothing is more important for investment than Law and order. Law and order defines Democracy and the CM of UP Yogi Adityanath defines Law and order!” he noted.

Nothing is more important for investment than Law and order.

Law and order defines Democracy and the CM of UP Yogi Adityanath defines Law and order! @UPIntrTradeShow #UPITS2024 pic.twitter.com/HvFfLwR7UZ

— Vice-President of India (@VPIndia) September 25, 2024

The Vice-President also highlighted the significance of showcasing Vietnam as the Partner Country at the trade show, describing it as a natural partnership that will foster cultural and economic exchanges between the two nations while strengthening the resolve for a greater role for Global South in international affairs. “Vietnam has impressive GDP of $435 billion, and we look forward to witnessing their exceptional products and innovative manufacturing practices”, VP said.

Shri Dhankhar said, “In this phenomenal economic upsurge and unprecedented infrastructure growth across the nation, the largest state of Uttar Pradesh is playing a pivotal role, unlike the scenario that existed a few years ago.” The Vice President expressed confidence that under CM Yogi Adityanath’s able leadership, Uttar Pradesh will achieve its target of becoming a $1 trillion economy by 2027, contributing significantly to India’s emergence as a $5 trillion economy.

With its vast resources, burgeoning population, and strategic location, Uttar Pradesh is emerging as a growth engine propelling India’s economic trajectory. The Vice President stated, “Uttar Pradesh is no longer a sleeping giant; it is now a state in action, leveraging its strengths such as fertile land, a young workforce, religious tourism, and a vibrant ecosystem of Micro, Small, and Medium Enterprises (MSMEs).”

Recalling the past, the Vice-President noted, “A decade ago, our economy was staggering, and the mood of the nation was shaky. But the last decade has seen unprecedented transformation.

Finally the Vice-President called for collective effort, stating, “Ladies and gentlemen, as we advance, we are witnessing a new dawn for Uttar Pradesh—a future where our nation stands tall as a global leader in trade, innovation, and cultural heritage.”

The Vice-President also visited the exhibition on the premises.

Shri Yogi Adityanath, Chief Minister of Uttar Pradesh; Shri Jitan Ram Manji, Minister of Micro, Small and Medium Enterprises, Govt. of India, Shri Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Export Promotion, NRI, Investment Promotion, Govt. of Uttar Pradesh, Shri Rakesh Sachan, Minister of MSME, Khadi and Villages Industries, Sericulture Industries, Handloom and Textile, Govt. of Uttar Pradesh and other dignitaries were also present on the occasion.

Read full text here : https://pib.gov.in/PressReleasePage.aspx?PRID=2058592

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JK/RC/SM

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MIL OSI Asia Pacific News –

January 22, 2025
MIL-OSI United Nations: Deputy Secretary-General’s remarks at the opening of the 2024 Global Africa Business Initiative (GABI) event – Unstoppable Africa [as prepared for delivery]

Source: United Nations secretary general

Ladies and gentlemen, Esteemed guests, and partners in progress,

Welcome to the third annual flagship convening of the Global Africa Business Initiative.

Three years ago, we gathered here to explore the possibilities of investing in Africa and building the future we all envision.

Since then, our world has experienced seismic changes. The global landscape, already volatile, has grown more uncertain. Conflicts, geopolitical tensions, economic disruptions, and an escalating climate crisis have exposed the fragility of our systems.

Yet, through this darkness, we see African leadership shining through. Here, I commend H.E. Moussa Faki Mahamat, Chairperson of the AU Commission for his outstanding leadership over the last decade. Under his leadership, we have seen the signing of the landmark African Continental Free Trade

Area, a stronger relationship between the AU and the UN through the signing of the AU-UN Framework on Implementation of Agenda 2063 and Agenda 2030, and his championing of GABI.

Dear friends,

We see Africa’s economic leadership in the African Union’s inclusion in the G20 – a groundbreaking step that amplifies Africa’s voice in global economic governance. It ensures that the continent’s development priorities are part of the decisions shaping a more equitable and sustainable future.

The African Continental Free Trade Area is further evidence that Africa’s economic leadership is accelerating, poised to drive jobs, growth and economic integration into the future.

Meanwhile, we see Africa’s peace leadership as the African Union continues its strong commitment to peacekeeping, focusing on conflict resolution and governance reform in Sudan, Ethiopia, and the Sahel, and silencing the guns by 2030.

We see Africa’s political leadership in many leaders’ efforts to strengthen the institutions of democratic governance. The unconstitutional changes of power we see in some countries are deeply troubling – but in as much as they are the exception, not the rule, we must ensure our democracies deliver lest this becomes the norm.

We certainly see African leadership in the global transition to renewable energy – from the continent’s rich natural resources, to the increasing number of African solar, wind and hydropower projects, to its place as a home for the critical minerals required to power the renewables revolution.

We see Africa’s innovation leadership enabled by the African Union’s Startup Policy framework which provides a roadmap for member states to create policies that empower the next generation of innovators.

Africa’s unquestioned demographic leadership, with a youthful and rapidly growing population – is an unparalleled asset, that can capitalize on the sweeping advancements in technology and leverage a thriving creative and cultural economy to drive sustainable growth and development across the continent.

Excellencies, ladies and gentlemen,

African leadership also demands looking at persistent challenges that are blocking our progress – including financial constraints, security concerns, and infrastructure gaps. Addressing these issues requires ongoing international efforts, peacekeeping initiatives conflict resolution and targeted investments in infrastructure development.

Addressing these challenges is what the next two days are all about. Unlocking solutions through cocreating, collaborating and leveraging our networks.

For these discussions will be pivotal – not just for Africa’s future but for shaping the global future we want.

We meet at a crucial time, just days after the announcement of a new Pact for the Future. This Pact is a renewed commitment to global solidarity. It’s more than just a political document; it’s an opportunity for Africa to address its unique challenges and accelerate progress towards sustainable development
through stronger international cooperation and equitable resource allocation.

This includes more support for the SDG Stimulus and badly needed global financial architecture reform to help ease the debt crisis of so many developing countries, including in Africa.

This year, consistent with our theme “Unstoppable Africa,” GABI will delve into five key areas that will guide our conversations and shape our collective future.

First, unlocking inclusive growth through trade.

The African Continental Free Trade Area offers a framework to create the largest single market in the world. We’ll explore how to break down trade barriers, foster economic integration, and build regional value chains – ensuring that no one is left behind, especially women, youth, and marginalized communities.

Second, making Africa clean energy superpower.

With its abundant solar, wind, and hydropower resources, Africa has the potential to be a global hub for renewable energy. In this discussion, we’ll identify pathways to harness this potential and lead the world’s energy transition.

Third, supercharging Africa’s digital revolution.

The continent is leaping forward in fintech, e-commerce, and digital education, transforming economies and societies and creating new jobs and sources of prosperity for Africans. We’ll focus on how to accelerate this digital transformation to ensure that all Africans benefit.

Fourth, sport.

From football stadiums to the Olympic Games, Africa’s talent is shining on the global stage. But it’s not just about the talent on the field – it’s about leveraging sports as a driver for economic growth, social cohesion, and cultural diplomacy off the field, too.

Fifth, African creativity for the world.

We will explore how Africa’s rich cultural heritage and creative talent can drive global impact and economic growth, creating jobs for our youth while showcasing African excellence on the world stage.

Excellencies, ladies and gentlemen,

Today, Africa’s promise is clearer than ever.

We have seen what is possible.

Africa is not just participating in global conversations.

Africa is leading them.

As the world confronts challenges, Africa offers solutions – whether in energy transitions, digital transformation, or inclusive trade. GABI is our platform to own this potential and explore how Africa can continue to drive global progress.

I look forward to the transformative discussions and groundbreaking ideas that will emerge over the next two days.

Thank you!

MIL OSI United Nations News –

January 22, 2025
MIL-OSI Asia-Pac: 19th India-Australia Joint Ministerial Commission Meeting

Source: Government of India (2)

Posted On: 25 SEP 2024 4:11PM by PIB Delhi

Shri Piyush Goyal, Union Minister of Commerce and Industry led the Indian delegation to Adelaide and met Senator Don Farrel, Minister of Trade and Tourism, Australia.

Minister Goyal co-chaired the 19th India- Australia Joint Ministerial Commission meeting. He emphasised on the tremendous trade and investment opportunities yet to be explored jointly both countries.

He announced the opening of an Investment, Trade, Technology and Tourism (ITTT) office in Sydney which will have representation of Invest India, NICDIC, Export Promotion and DGFT including private sector (participation by CII). The primary mandate of this office would be facilitating trade issues between investors and businesses on both sides. He stressed on the unprecedented levels of trust and friendship between the two countries as their Prime Ministers met 9 times since May 2022.

The Minister talked about celebrating 10 years of ‘Make in India’ initiative, which was launched by the Prime Minister of India Shri Narendra Modi in 2014. This initiative was based on the whole of government approach to address the challenges faced by manufacturers in India. Over the last 10 years, India achieved groundbreaking achievements in key sectors like manufacturing, technology, and infrastructure. Shri Goyal emphasised how ‘Make in India’ and ‘Future Made in Australia’ could be synergistic in their approach.

He also spoke about the 4 D strengths of India—Decisive leadership, Demand of 1.4 billion aspirational Indians, Demographic Dividend with average age of India being 28.4 years, and Democracy.

Shri Goyal flagged outstanding issues of ECTA for early progress including timely conclusion of Mutual Recognition Agreements (MRAs) in Services and Organics amongst others.

Shri Goyal acknowledged on building more people to people engagements and increasing aviation connectivity between the two countries.

He emphasised on how India offers an array of aspirational and highly skilled workforce with cutting edge knowledge, which could befittingly complement Australia’s demand in professional services.

Both countries set a target of achieving 100 billion dollars trade by 2030. The committee also discussed greater cooperation at multilateral and other forums- G20, IPEF and WTO including the Domestic Services Regulation issue.

The committee aimed for expediting the conclusion of CECA with a greater flow of goods and services along with increased investment for people and businesses on both sides.

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AD/VN/CNAN

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MIL OSI Asia Pacific News –

January 22, 2025
MIL-OSI Asia-Pac: Shri Jyotiraditya M. Scindia to Attend the Northeast Trade and Investment Roadshow in Bengaluru

Source: Government of India (2)

Posted On: 25 SEP 2024 7:17PM by PIB Delhi

The Ministry of Development of the Northeastern Region (MDoNER) is organising the Northeast Trade and Investment Roadshow in Bengaluru on September 26, 2024, starting at 5 PM at the Four Seasons Hotel. The event will be graced by SHRI JYOTIRADITYA M. SCINDIA, Hon’ble Union Minister of Communications and Development of the Northeastern Region, Government of India.

Senior officials from MDoNER, including Shri Chanchal Kumar, Secretary, and Sushri Monalisa Dash, Joint Secretary, will also be present, along with representatives from various Northeastern states.

The event is being organised in collaboration with State governments of Northeastern, FICCI (Industry Partner), and Invest India (Investment Facilitation Partner).

This marks the fourth major Roadshow in Bengaluru, featuring presentations from representatives of the eight Northeastern states: Assam, Arunachal Pradesh, Tripura, Mizoram, Manipur, Meghalaya, Sikkim, and Nagaland. They will highlight various investment opportunities in their respective states.

Key investable sectors include IT & ITES, Healthcare, Education & Skill Development, Sports & Entertainment, Tourism & Hospitality, and Energy—all crucial for the region’s economic growth.

The Northeast Investors Summit, organised by MDoNER, aims to attract investments and stimulate economic development. Previous roadshows in Mumbai, Hyderabad, and Kolkata received strong participation, while the State Seminar at Vibrant Gujarat drew significant interest from potential investors.

To build on these efforts, MDoNER held a signing and exchange of MOUs event for the North East Investors Summit on March 6, 2024, at Vigyan Bhawan, New Delhi, facilitating Business-to-Government (B2G) meetings with senior officials from state governments.

The Roadshow in Bengaluru is expected to attract many potential investors eager to be part of the growth journey in North East India.

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MG/SB/DP

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MIL OSI Asia Pacific News –

January 22, 2025
MIL-OSI Europe: Answer to a written question – Plague affecting small ruminants in the Thessaly region – E-001397/2024(ASW)
Source: European Parliament
The Greek authorities informed the Commission as soon as the first outbreak of peste des petits ruminants (PPR) was confirmed and close exchanges continue through the Animal Disease Information System and regular information notes.

Imports of animals from third countries are strictly regulated and harmonised at EU level and Greece is applying the EU rules in that respect.

Greece is implementing the control measures set out in Delegated Regulation (EU) 2020/687[1]. These include the culling and destruction of small ruminants in the affected farms and the establishment of protection, surveillance and further restricted zones, including restrictions in the movements of animals and products, with the primary focus to prevent any further spread of the disease. Dedicated PPR measures at EU level are set out for Greece in Commission Implementing Decision 2024/2132[2].

In accordance with Regulation (EU) No 2021/690[3] and Commission Implementing Decision C(2023) 8926[4], in particular Annex 3[5], control measures implemented by Greece against PPR in its territory, such as culling of animals, compensation to owners for the value of the animals culled, disinfections of holdings, e.t.c., may be eligible for EU co-funding, at a maximum rate of 30%.

Moreover, through their CAP Strategic Plans and in accordance with Regulation (EU) 2021/2115, Member States may provide support for investments in preventive actions and for restoration of agricultural potential based on the identified needs and intervention strategy[6].

[1] http://data.europa.eu/eli/reg_del/2020/687/oj

[2] http://data.europa.eu/eli/dec_impl/2024/2132/oj

[3] http://data.europa.eu/eli/reg/2021/690/oj

[4] C(2023) 8926 final, Commission Implementing Decision of 21 December 2023 on the financing of the Programme for the internal market, competitiveness of enterprises, including small and medium-sized enterprises, the area of plants, animals, food and feed, and European Statistics and the adoption of the work programme for 2024-2027 https://commission.europa.eu/document/download/e6150e32-3fa5-4276-923b-a36faf4fec1e_en?filename=C_2023_8926_F1_COMMISSION_IMPLEMENTING_DECISION_EN_V3_P1_3119489.PDF

[5] Annex 3 to C(2023) 8926 final, Commission Implementing Decision of 21 December 2023 https://commission.europa.eu/document/download/c69d5f53-6966-420f-8628-7ff84bf91646_en?filename=C_2023_8926_F1_ANNEX_EN_V2_P1_3132789.PDF

[6] Article 73 of Regulation (EU) 2021/2115.
Last updated: 25 September 2024
MIL OSI Europe News –
January 22, 2025
MIL-OSI: CETY CEO KAM MAHDI ADDRESSES GOVERNMENT AND BUSINESS LEADERS AT FORUM FOR LATVIA PRESIDENT EDGARS RINKĒVIČS’ ECONOMIC DELEGATION TO CALIFORNIA

Source: GlobeNewswire (MIL-OSI)

Irvine, CA, Sept. 26, 2024 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (“CETY”) (Nasdaq: CETY), a clean energy manufacturing and services company offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-size projects in North America, Europe, and Asia, today announced its participation in Latvia’s economic delegation visit to the US from September 17 to 23. Led by President Edgars Rinkēvičs, the delegation visited San Francisco and Silicon Valley, engaging with California government leaders, technology giants, and investors.

CETY CEO Kam Mahdi was a key presenter at a program on the topic of California Technology Research and Investment. He discussed CETY’s growth as a comprehensive clean energy solutions company with growing global focus that includes expanding operations in North America, Europe, and Asia. The program was part of President Rinkēvičs focus on exploring opportunities for economic cooperation and growth for Latvia enterprises seeking a presence in the United States and specifically targeting California for its business and technology development ecosystem and leadership.

The visit of President Rinkēvičs and other Latvian government officials and business leaders is an historic one. It was the first such high-level economic delegation to the US from Latvia. Accompanying President Rinkēvičs were Minister of Economics Viktors Valainis, Director General at Investment and Development Agency of Latvia Raivis Bremsmits, and over 50 Latvia entrepreneurs interested in California and North America for strategic growth. Meetings during the three-day visit included Microsoft, Google, NASA Ames, and Meta. AI was a big topic for this visit, especially given its potential use in all sectors and the concerns raised in the EU over privacy and security.

Mr. Mahdi talked about the evolution of CETY from its inception, when it was first focused on waste heat recovery, using technology developed by General Electric, through its current expansion into becoming a comprehensive energy solutions provider. “We have developed expertise of the entire energy process from system design to generation and storage, distribution and management,” said Mahdi. “Clients come to us to discuss their needs, and we can develop solutions to effectively address them.”

Mahdi also spoke at a meeting which included California State Treasurer Fiona Ma, Latvia Economics Minister Viktors Valainis, Latvia Investment and Development Agency Director Raivis Bremsmits, Toms Zvidriņš, Head of the US Office of Investment and Development Agency of Latvia, Martins Andersons, President of the American Latvian Association, and Latvia business leaders.

CETY has been involved in a waste heat to energy project in Latvia since 2018, with EkoNams, a company that builds Scandanvian-style log homes, the design of which is influenced by historic craftsmanship and the execution of which relies on new technologies. Building on that project, CETY has been in discussion with other Latvia companies interested in collaboration or partnerships.

President Rinkēvičs’ delegation followed up on a July 2024 California delegation to Latvia led by California State Treasurer Fiona Ma and State Senator Josh Newman. The delegation included California businesses, and involved meetings with top government and business leaders, including former Latvia Prime Minister and current European Commissioner for Trade Valdis Dombrovskis, Prime Minister Evika Siliņa, and Transportation Minister Kaspars Briškens, to discuss investment, economic and technological collaboration, and development opportunities in key Baltic growth sectors. As part of that delegation, Mr. Mahdi was an invited speaker on the Ministry of Foreign Affairs Forum on Sustainable Energy Technologies and Innovations, along with former California Senator and energy entrepreneur Robert Hertzberg.

About Clean Energy Technologies, Inc. (CETY)

Headquartered in Irvine, California, Clean Energy Technologies, Inc. (CETY) is a rising leader in the zero-emission revolution by offering eco-friendly green energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We deliver power from heat and biomass with zero emission and low cost. The Company’s principal products are Waste Heat Recovery Solutions using our patented Clean Cycle^TM generator to create electricity. Waste to Energy Solutions convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity and BioChar. Engineering, Consulting and Project Management Solutions provide expertise and experience in developing clean energy projects for municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies.

CETY’s common stock is currently traded on the Nasdaq Capital Market under the symbol CETY. For more information, visit http://www.cetyinc.com.

For video examples please visit CETY’s YouTube channel:
https://www.youtube.com/@CleanEnergyTechnologiesInc.

Follow CETY on our social media channels: Twitter | LinkedIn | Facebook

This summary should be read in conjunction with the Company’s quarterly report on Form 10-Q for the quarterly period ended March 31, 2024 and other periodic filings made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, which contain, among other matters, risk factors and financial footnotes as well as a discussions of our business, operations and financial matters located on the website of the Securities and Exchange Commission at http://www.sec.gov.

Safe Harbor Statement

This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of CETY’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate,” “plan,” “expect,” “estimate,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Any forward-looking statement made by the Company in this press release is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Clean Energy Technologies, Inc.
Investor and Investment Media inquiries:
949-273-4990
ir@cetyinc.com
Source: Clean Energy Technologies, Inc.

The MIL Network –

January 22, 2025
MIL-OSI Africa: The International Islamic Trade Finance Corporation (ITFC) and Union of Comoros Strengthen Partnership with New EUR 330 Million Framework Agreement and Food Security Facility

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

JEDDAH, The Kingdom of Saudi Arabia, September 26, 2024/APO Group/ —

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, and the Union of Comoros have signed a new EUR 330 Million Framework Agreement, reinforcing their strong partnership. The agreement was signed by ITFC’s CEO, Eng. Hani Salem Sonbol, Comoros’ Minister of Finance, Budget, and Banking Sector, and IsDB Governor, H.E. Mr. Mohamed Ibrahim Abdourazak, during his visit to ITFC’s headquarters in Jeddah.

The new 3-year Framework Agreement builds on the success of the previous EUR 330 million agreement, which achieved 83% of its target. It will focus on key sectors such as energy, agriculture, and SME support, aiming to mobilize trade financing and enhance economic development in Comoros. Since 2008, ITFC has approved over US$ 712 million in financing for Comoros, demonstrating a long-standing commitment to the country’s growth.

Commenting on the signing, Eng. Hani Salem Sonbol, CEO of ITFC said, “We are proud to strengthen our partnership with the Union of Comoros through this new framework agreement, which reflects our shared commitment to fostering sustainable economic development. By focusing on key sectors such as energy, agriculture, and SME development, we aim to support the country in achieving its long-term goals under the Emerging Comoros Plan. Our efforts, including the newly signed Food Security Facility, demonstrate our dedication to addressing critical needs such as food security while empowering key industries to drive growth.”

The Minister of Finance, Budget and Banking of the Union of Comoros, Mr. Ibrahim Mohamed Abdourazak, also commented: “I am proud and optimistic to sign today this framework agreement between the Union of Comoros and the International Islamic Trade Finance Corporation (ITFC). This agreement marks a key milestone for the development of vital sectors such as energy, agriculture, and SMEs, the driving forces of our economy. In addition, ITFC signed a EUR 20 Million Food Security Facility in favor of the Union of Comoros and with two local banks, BDC and AFG Bank, as Executing Agencies, to support the continuous supply of essential foodstuffs at affordable prices to address food security challenges in the country. The Government of Comoros remains firmly committed to the priority programs and projects of the “Plan Comores Émergents”. Finally, on behalf of the Comorian Government and on my behalf, I would like to warmly thank ITFC for its ongoing support and look forward to strengthening our collaboration.”

ITFC’s broader support for Comoros includes capacity-building initiatives, such as the Reverse Linkage Project with Morocco for the sustainable tourism sector, and the equipment of the Central Vanilla Buying and Marketing Center under the Aid for Trade Initiative for the Arab States (AfTIAS 2.0) program. These efforts underline ITFC’s commitment to fostering sustainable development through integrated trade solutions.

MIL OSI Africa –

January 22, 2025
MIL-OSI Global: Drug prices improved under Biden-Harris and Trump − but not for everyone, and not enough

Source: The Conversation – USA – By C. Michael White, Distinguished Professor of Pharmacy Practice, University of Connecticut

Negotiations to reduce drug prices can sometimes shift costs onto consumers. rudisill/iStock via Getty Images Plus

When it comes to drug pricing, the Trump and Biden-Harris administrations both have some very modest wins to tout.

As director of the Health Outcomes, Policy, and Evidence Synthesis group at the University of Connecticut School of Pharmacy, I teach and study about the ethics of prescription drug prices and the complexities of drug pricing nationally.

Delving into the presidential candidates’ successes on a number of drug-pricing policies, you’ll see a continuation of progress across the administrations. Neither the Trump administration nor the Biden-Harris administration, however, has done anything to truly lower drug prices for the majority of Americans.

$35 insulin

Insulin is a necessity for patients with diabetes. But from January 2014 to April 2019, the average price per unit went from US$0.22 to $0.34 before dropping back slightly by July 2023 to $0.29 per unit. Since dosing is weight-based, insulin costs for someone weighing 154 pounds would have risen from $231 to $357 a month from 2014 to 2019 and dropped to $305 a month by 2023. Price increases have led some patients to space out their medications by taking less than the dose they need for good blood sugar control. One study estimated that over 25% of patients in an urban diabetes center were underusing their insulin.

In July 2020, the Trump administration enacted a $35 cap on insulin copayments via executive order. In effect, it made participating Medicare Part D programs limit the price of just one of each type of insulin product to $35. For instance, if there were six short-acting insulin products on an insurance plan’s approved drug list, the insurer had to offer one vial form and one pen form at $35.

These price changes did not go into effect during Trump’s presidency. By 2022, only about 800,000 people – or around 11% of the more than 7.4 million people in the U.S. who use insulin to regulate their blood sugar – saw their prices reduced.

Millions of Americans need insulin to manage their diabetes.
Spencer Platt/Getty Images

In August 2022, the Biden-Harris administration signed the Inflation Reduction Act into law. This maintained the $35 insulin cap with the same stipulations but made the program mandatory for all Medicare Part D and Medicare Part B members. This expanded the number of people who could benefit from cheaper insulin to 3.3 million.

This still doesn’t help a majority of diabetics. If you don’t have Medicare, the $35 reduction does not apply to you. Furthermore, pharmaceutical companies are not responsible for lowering insulin costs under these policies, but health plans are on the hook for lowering copayments. Costs could be passed along to beneficiaries in future Medicare premiums.

Importing Canadian drugs

Americans pay nearly 2.6 times more for prescription drugs than people in other high-income countries. One way regulators have tried to reduce prices is to simply import drugs at the prices pharmaceutical companies charge those countries rather than those charged to U.S. consumers.

In July 2019, the Trump administration proposed importing drugs from Canada as a way to share Canadians’ lower drug costs with American consumers. He signed an executive order allowing the Food and Drug Administration to create the rules under which states could import the drugs. When President Joe Biden came into office, he left the executive order in place and the rulemaking process continued.

Some Americans have traveled across borders for cheaper medications.
Jeff Haynes/AFP via Getty Images

No state under the Trump or Biden-Harris administrations has yet been able to successfully import a Canadian drug product. In January 2024, however, the Food and Drug Administration approved Florida’s plan to import Canadian drugs, the first state to receive the green light. Colorado, New Hampshire, New Mexico and Texas have applications pending as of September 2024.

Unfortunately, it is unlkely that Canada would allow their prescription drugs to be shipped in large quantities to American consumers, not without imposing high tariffs as a disincentive. That is because drug manufacturers could limit supplies to Canada and cause shortages if drugs are moved to the U.S. Manufacturers could also be less willing to negotiate lower prices for Canadians if that will hurt U.S. profits.

Negotiating with the pharmaceutical industry

Be it prescription drugs or cars, both buyer and seller must agree on a price for a successful sale to occur. If the potential buyer is unwilling to walk away from negotiations, you will not get the seller’s best price. One reason U.S. drug prices are higher than other countries’ is because the government is not a shrewd negotiator.

Negotiations that result in major reductions in drug prices frequently result from the drug manufacturer losing access to patients on a certain health plan or ending up in a higher drug tier that substantially raises a patient’s copay. However, if the buyer refuses the seller’s final offer, their members or citizens lose access to those drugs. While major private health plans and pharmacy benefit managers are able to directly negotiate drug prices with pharmaceutical manufacturers, often with substantial savings, Medicare was prevented from doing so by federal law until recently.

In May 2018, the Trump administration released a so-called blueprint for reducing prescription drug prices that included negotiating Medicare prescription drug prices with the pharmaceutical industry. This plan wasn’t enacted during his term.

In August 2022, under the Biden-Harris administration, the Inflation Reduction Act enabled price negotiation and specified the number of drugs that negotiations could include in a year.

The Inflation Reduction Act allowed Medicare to negotiate drug prices for the first time.

The first negotiation between Medicare and the pharmaceutical industry took place over the summer of 2024, lowering costs for 10 Medicare Part D drugs, which include the blood thinner Xarelto and the drugs Farxiga and Jardiance, which treat Type 2 diabetes, heart failure and kidney disease. The resulting $1.5 billion in savings will be extended in 2026 to the approximately 8.8 million Medicare Part D patients who are taking these drugs. The prices for these drugs are still twice what they are in four other developed countries.

Prices will be negotiated for another 15 Medicare Part D drugs in 2027. Thereafter, drug negotiations could include Medicare Part D drugs, which you pick up from your pharmacy, and Medicare Part B drugs, which are administered or received from your doctor’s office.

Another aspect of the Inflation Reduction Act is capping out-of-pocket expenses at $2,000. This won’t go into effect until 2025, however, and simply shifts costs above the cap onto taxpayers.

Continuation of progress

It is often challenging to attribute policy successes to one administration versus another when assessing complex issues such as drug pricing. There were ideas initiated during the Trump administration that did not come to fruition until the Biden-Harris administration implemented and expanded on them.

For example, Medicare price negotiation, proposed in a Trump administration “blueprint,” was codified in law by President Biden, but the fruits of this policy will not be seen until the next administration. And regardless of who you attribute this success to, only a portion of people on Medicare will see any relief from high drug prices as a result.

Truly lowering the costs of prescription drugs would require identifying the maximum price the nation is willing to pay for benefits, such as cost per quality adjusted life year at the federal, state and private payer levels, and being willing to walk away from negotiations if the price exceeds that level. This would not be a panacea, though, especially for patients with rare and ultrarare diseases, and would need to be eased in over time to avoid bankrupting the industry.

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

– ref. Drug prices improved under Biden-Harris and Trump − but not for everyone, and not enough – https://theconversation.com/drug-prices-improved-under-biden-harris-and-trump-but-not-for-everyone-and-not-enough-238407

MIL OSI – Global Reports –

January 22, 2025
MIL-OSI: LIS Technologies Inc. Contracts Leading Construction Specialist to Oversee $1 Million Redevelopment of its Secured Facility in Oak Ridge, Tennessee
Source: GlobeNewswire (MIL-OSI)

Oak Ridge, Tennessee, Sept. 26, 2024 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has engaged a leading construction specialist to oversee the design and redevelopment of its facility in Oak Ridge, Tennessee, creating a modern and secure space for the Company’s next phase of physical test work.

Following completion of the nearly $1 Million redevelopment, the facility will house LIST’s specialized testing equipment aimed at refining and demonstrating the capabilities of its technology. It will include dedicated space for the Phase 1 Test Loop demonstration of the Company’s proprietary, patented laser uranium enrichment technology, serving as the central hub for its development. Additionally, the facility will support the production of stable isotopes for medical and scientific research. The initial design and build-out will ensure the facility is properly equipped to host operations and lay the groundwork for future physical test work.

“The new LIST headquarters in Oak Ridge, TN will be converted into a “closed area,” which will allow LIST to perform research on its laser enrichment technology and protect said technology as Classified in accordance with NRC regulations, prior to DOE declaring the LIST technology as Restricted Data,” said Keith Everly, Head of Security and IP Management of LIS Technologies Inc. “We will work closely with the regulatory frameworks to streamline the process and ensure regulatory compliance of CRISLA, the technology that LIST plans to commercialize.”

Figure 1 – LIS Technologies Inc. Contracts Leading Construction Specialist to Oversee Retrofitting of its Secured Facility in Oak Ridge, Tennessee

“I’m thrilled that major upgrades to our new facility in Oak Ridge will start soon, which will allow us to take the next steps towards the rebirth of our patented, US-origin laser enrichment technology,” said Christo Liebenberg, Chief Executive Officer of LIS Technologies Inc. “We are taking a pro-active approach with the security upgrade. It is a short matter of time before we demonstrate that the CRISLA process can produce practical quantities of enriched uranium product. We want our facility to be ready and secure before the DOE classifies the technology. This is a major threshold for the Company and positions us closer towards to our ultimate goal of enriching uranium for the next generation of advanced nuclear reactors in the United States.”

The proprietary technology is the only proven US-origin laser enrichment solution and is scalable, efficient, and cost-effective. Optimized for both Low-Enriched Uranium (LEU) and High-Assay Low-Enriched Uranium (HALEU), it overcomes the limitations of traditional pulsed 16µm CO₂ lasers, featuring a streamlined design due to its lower absorption and shorter wavelength at 5.3µm. Demonstrated in the 1980s and 90s, this technology is protected by a patent from the United States Patent and Trademark Office (USPTO).

About LIS Technologies Inc.

LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared wavelengths to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

For more information please visit: http://www.LaserIsTech.com

For further information, please contact:
Email: info@laseristech.com
Telephone: 800-388-5492
Follow us on Twitter
Follow us on LinkedIn

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

Attachment
- LIS Technologies Inc.
The MIL Network –
January 22, 2025
MIL-OSI: AMD Instinct MI300X Accelerators Available on Oracle Cloud Infrastructure for Demanding AI Applications

Source: GlobeNewswire (MIL-OSI)

— Customers including Fireworks AI are powering their AI inference and training workloads with new OCI Compute instances —

— OCI Supercluster leads among cloud providers with support for up to 16,384 AMD Instinct MI300X GPUs in a single ultrafast network fabric —

SANTA CLARA, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced that Oracle Cloud Infrastructure (OCI) has chosen AMD Instinct™ MI300X accelerators with ROCm™ open software to power its newest OCI Compute Supercluster instance called BM.GPU.MI300X.8. For AI models that can comprise hundreds of billions of parameters, the OCI Supercluster with AMD MI300X supports up to 16,384 GPUs in a single cluster by harnessing the same ultrafast network fabric technology used by other accelerators on OCI. Designed to run demanding AI workloads including large language model (LLM) inference and training that requires high throughput with leading memory capacity and bandwidth, these OCI bare metal instances have already been adopted by companies including Fireworks AI.

“AMD Instinct MI300X and ROCm open software continue to gain momentum as trusted solutions for powering the most critical OCI AI workloads,” said Andrew Dieckmann, corporate vice president and general manager, Data Center GPU Business, AMD. “As these solutions expand further into growing AI-intensive markets, the combination will benefit OCI customers with high performance, efficiency, and greater system design flexibility.”

“The inference capabilities of AMD Instinct MI300X accelerators add to OCI’s extensive selection of high-performance bare metal instances to remove the overhead of virtualized compute commonly used for AI infrastructure,” said Donald Lu, senior vice president, software development, Oracle Cloud Infrastructure. “We are excited to offer more choice for customers seeking to accelerate AI workloads at a competitive price point.”

Bringing Trusted Performance and Open Choice for AI Training and Inference
The AMD Instinct MI300X underwent extensive testing which was validated by OCI that underscored its AI inferencing and training capabilities for serving latency-optimal use cases, even with larger batch sizes, and the ability to fit the largest LLM models in a single node. These Instinct MI300X performance results have garnered the attention of AI model developers.

Fireworks AI offers a fast platform designed to build and deploy generative AI. With over 100+ models, Fireworks AI is leveraging the benefits of performance found in OCI using AMD Instinct MI300X.

“Fireworks AI helps enterprises build and deploy compound AI systems across a wide range of industries and use cases,” said Lin Qiao, CEO of Fireworks AI. “The amount of memory capacity available on the AMD Instinct MI300X and ROCm open software allows us to scale services to our customers as models continue to grow.”

Supporting Resources

About AMD
For more than 50 years AMD has driven innovation in high-performance computing, graphics, and visualization technologies. Billions of people, leading Fortune 500 businesses, and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work, and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, and Twitter pages.

AMD, the AMD Arrow logo, Instinct, ROCm, and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

Contact:
David Szabados
 AMD Communications
+1 408-472-2439
david.szabados@amd.com

Mitch Haws
AMD Investor Relations
+1 512-944-0790
mitch.haws@amd.com

The MIL Network –

January 22, 2025
MIL-OSI: Wearable Devices Boldly Welcomes Meta’s Neural Control Entry to the AR/VR/XR Market

Source: GlobeNewswire (MIL-OSI)

Yokneam Ilit, Israel, Sept. 26, 2024 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in AI-based gesture control technology, today applauded Meta’s entrance into the gesture control space with its announcement at Meta Connect 2024.

“Welcome, Meta. Seriously,” declared Wearable Devices’ Chief Executive Officer Asher Dahan. “Competition only fosters innovation, and we are encouraged to see Meta’s nascent commitment to the neural interface sector which we at Wearable Devices have been advancing and perfecting for over a decade.”

With its award-winning Mudra Band and Mudra Link neural gesture control devices, both of which empower users with hands-free digital navigation, Wearable Devices long ago redefined the way people interact with technology. The Company has repeatedly demonstrated the transformative nature of neural interface technology, enabling users to control digital environments using their thoughts and intentions, opening new doors for hands-free interaction with devices and digital experiences.

“Meta’s new move into this field validates the immense potential and growing importance of neural control,” added Mr. Dahan. “Clearly, we at Wearable Devices have been onto something big all along as the trailblazers in neural wearables, and we look forward to continuing to push boundaries alongside other key players in the space.”

In the past year, the Mudra Band has enhanced the experience of thousands of users, showcasing its proven value. While Meta presented its neural wristband as a ‘Purposeful Product Prototype’ for smart glasses, we offer a versatile solution that controls computers, applications, and smart glasses.

Wearable Devices has long been at the forefront of gesture control innovation, having won the prestigious ‘Best of CES Innovation Award’ in 2021 for its Mudra Band, the first neural interface wristband.

For more information, visit http://www.wearabledevices.co.il.

About Wearable Devices Ltd.

Wearable Devices Ltd. is a growth company developing AI-based neural input interface technology for the B2C and B2B markets. The Company’s flagship product, the Mudra Band for Apple Watch, integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to “touchlessly” interact with connected devices. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Wearable Devices Is committed to creating disruptive, industry leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Company’s ordinary shares and warrants trade on the Nasdaq market under the symbols “WLDS” and “WLDSW”, respectively.

Forward-Looking Statement Disclaimer

This press release contains “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, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the benefits and advantages of the Company’s devices and technology . All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2023, filed on March 15, 2024 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact

Walter Frank
IMS Investor Relations
203.972.9200
wearabledevices@imsinvestorrelations.com

Media Contact:

Steve Schuster
Rainier Communications
steve@rainierco.com
+1-508-868-5892

The MIL Network –

January 22, 2025
MIL-OSI China: 3rd global digital trade expo highlights AI innovations, low-altitude economy

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

The exhibition area of humanoid robots is pictured at the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. The third Global Digital Trade Expo opened in Hangzhou on Wednesday, showcasing the latest technological innovations and business development of the digital economy sector. [Photo/Xinhua]

HANGZHOU, Sept. 25 — The third Global Digital Trade Expo opened in Hangzhou, capital of east China’s Zhejiang Province, on Wednesday, showcasing the latest technological innovations and business development of the digital economy sector.

Themed “Digital Trade, Global Access,” this year’s edition has attracted more than 1,500 enterprises from home and abroad, among which over 300 are international companies. Over 30,000 purchasers have signed up for the event, with more than 6,000 of them from foreign countries and regions.

A total of 446 new products and technologies are scheduled to be showcased at the five-day expo. Notably, this year’s expo has set up special exhibition areas for robots equipped with artificial intelligence (AI) innovations and the smart traffic solutions of the low-altitude economy.

The size of China’s low-altitude economy is estimated to have exceeded 500 billion yuan (about 70.1 billion U.S. dollars) in 2023, with its scale expected to rise to 2 trillion yuan by 2030, according to the Civil Aviation Administration of China (CAAC).

Co-hosted by the Zhejiang provincial government and China’s Ministry of Commerce, the event is currently China’s only digital trade themed expo at the national level. China’s digital industry has seen robust growth in recent years, reporting a total revenue of 32.5 trillion yuan in 2023.

This photo taken on Sept. 25, 2024 shows the launching ceremony of the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province. [Photo/Xinhua]

Sales staff promote African products via livestreaming during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

This photo taken on Sept. 25, 2024 shows the China Pavilion at the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province. [Photo/Xinhua]

A visitor poses for photos at the booth of “Black Myth: Wukong” during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the Silk Road E-commerce Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

Staff members promote products via livestreaming at the Silk Road E-commerce Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the Silk Road E-commerce Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the Smart City Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People use VR devices to enjoy virtual concerts during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the Kazakhstan Pavilion at the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the Thailand Pavilion at the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

Visitors try the games at the booth of “Black Myth: Wukong” during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

This photo taken on Sept. 25, 2024 shows the main entrance to the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province. [Photo/Xinhua]

A visitor learns about a driverless aircraft at the Smart Mobility Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

Staff members promote products at the Silk Road E-commerce Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

This photo taken on Sept. 25, 2024 shows a view outside the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province. [Photo/Xinhua]

A foreign merchant consults about a small intelligent translation device at the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the Silk Road E-commerce Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

People visit the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

Staff members showcase a smart office desk at the Silk Road E-commerce Zone during the third Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, Sept. 25, 2024. [Photo/Xinhua]

MIL OSI China News –

January 22, 2025
MIL-Evening Report: Rabuka’s message to free Kanaky movement: ‘Don’t slap the hand that feeds you’

By Lydia Lewis, RNZ Pacific presenter/Bulletin editor

Fiji Prime Minister Sitiveni Rabuka is cautioning New Caledonia’s local government to “be reasonable” in its requests from Paris ahead of a Pacific fact-finding mission.

A much-anticipated high-level visit by Pacific leaders to the French territory is confirmed, after it was postponed by New Caledonia’s local government in August due to allegations France was pushing its own agenda.

President Louis Mapou has confirmed the Pacific leaders’ mission will take place from October 27-29.

Rabuka is one of the four Pacific leaders taking part in the so-called “Troika Plus” mission and confirmed he will be in Nouméa on Sunday.

He told RNZ Pacific during his visit to Aotearoa last week that as “an old hand in Pacific leadership”, listening was key.

“I’m hoping that they will be very, very reasonable about what they’re asking for,” the prime minister said.

“When they started, the Kanaky movement started during my time as Prime Minister. I told them, ‘look, don’t slap the hand that has fed you’.

‘Good disassociation arrangement’
“So have a good disassociation arrangement when you become independent, make sure you part as friends.”

This week, Rabuka told RNZ Pacific in Apia that he would be taking a back seat during the mission.

Veteran Pacific journalist Nick Maclellan, who is in New Caledonia, said there was “significant concern” that political leaders in France did not understand the depth of the crisis.

“This crisis is unresolved, and I think as Pacific leaders arrive this week, they’ll have to look beyond the surface calm to realise that there are many issues that still have to play out in the months to come,” he said.

He said there appeared to be “a tension” between the local government of New Caledonia and the French authorities about the purpose of Pacific leaders’ mission.

“In the past, French diplomats have suggested that the Forum is welcome to come, to condemn violence, to address the question of reconstruction and so on,” he said.

“But I sense a reluctance to address issues around France’s responsibility for decolonisation.

‘Important moment’
“The very fact that four prime ministers are coming, not diplomats, not ministers, not just officials, but four prime ministers of Forum member countries, shows that this is an important moment for regional engagement,” he added.

In a statement on Friday, the Pacific Islands Forum Secretariat said that the prime ministers of Tonga and the Cook Islands, along with Solomon Islands Foreign Affairs Minister, would join Rabuka to travel to New Caledonia.

Tongan PM Hu’akavameiliku will head the mission, which is expected to land in Nouméa after the Commonwealth Heads of Government Meeting (CHOGM) in Samoa this week.

This article is republished under a community partnership agreement with RNZ.

MIL OSI Analysis – EveningReport.nz –

January 22, 2025
MIL-OSI USA: Molinaro Hosts Two Broome Community Leaders In DC For Hearing On Workforce Development

Source: United States House of Representatives – Representative Marc Molinaro (R-NY-19)

Washington, DC – U.S. Rep. Marc Molinaro (NY-19) today will have Frank Stento of the International Union of Painter’s and Allied Trades (IUPAT), and Ashley Gamba of Community Options testify at a House Small Business Committee hearing. The hearing will examine workforce development strategies.

Rep. Molinaro will chair the hearing, which begins at 10am and can be viewed here.

Frank Stento is a skilled craftsman who completed a registered apprenticeship program in 2016, offering him a unique opportunity to gain hands-on experience. He is now the Business Development Director for IUPAT District Council 4, which represents 2,000 workers in the Southern Tier and Central New York. He helps attract new members and connects current members with work opportunities.

Ashley Gamba is an Executive Director with Community Options in Binghamton, a nonprofit organization that provides housing and employment support for individuals with disabilities. Prior to this position, Ashley was the New York State Director of Employment Services, overseeing vocational services in Binghamton, Syracuse, Brooklyn, Manhattan, and Queens. She has been an advocate for individuals with disabilities for over 18 years.

Rep. Molinaro said, “I’m excited to have Frank Stento and Ashley Gamba in Washington today to share their perspectives. Through our Think DIFFERENTLY and Broome County’s Next Chapter initiatives, we have been working to create an economy that offers good-paying job opportunities for every person of every ability. I look forward to hearing their testimony on how we can build on our work in Broome County and across Upstate New York.”

Frank Stento, Business Development Director for District Council #4 of the IUPAT said, “The construction industry as a whole faces challenges with workforce demand but with that comes opportunities. An abundance of projects on the horizon thanks to the CHIPS Act and the Infrastructure Investment and Jobs Act means contractors will be looking at improved methods to recruit & retain skilled labor for years to come. There is no better way to address that need than through an earn while you learn Registered Apprenticeship Program. I look forward to sharing my experience and connecting with our leadership in Congress to address ways to build a more robust workforce. Rep. Molinaro has been a steadfast supporter of the Building & Construction Trades Councils in his district and together we will find solutions towards these workforce challenges.”

Ashley Gamba, Executive Director for Community Options in Binghamton said, “The unemployment and underemployment rate for people with disabilities is significantly higher than people without disabilities. Community Options is proud to collaborate with the small business community to provide meaningful opportunities for people with disabilities to enter the workforce, helping to create inclusive environments where everyone can thrive.”

MIL OSI USA News –

September 29, 2024
MIL-OSI USA: Federal Court Orders Texas Man and Six Companies to Pay Over $9.5 Million in Fraudulent Scheme Involving Futures, Options, and Foreign Currency

Source: US Commodity Futures Trading Commission

WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced Judge Samuel A. Lindsay of the U.S. District Court for the Northern District of Texas entered multiple orders and a judgment against Rudy Avila; L.I.F.T. Group LLC (LIFT), Trading Ventures Group (TVG), Capital Ventures Group, LLC, (CVG), and Ventures Group, LLC ( VGL), all U.S. companies; and CIG Internacional Sociedad Anónima (CIG) and Trading Technologies Group Sociedad Anónima (TTG), both Costa Rican companies, requiring monetary relief totaling over $10.5 million The orders and judgment resolve the CFTC’s enforcement action against these defendants filed Sept.14, 2021. [See CFTC Press Release 8424-21]

Judge Lindsay entered a memorandum and order on Aug. 1, 2024, a clarification order on Aug. 7, 2024, and a judgment on Aug. 8, 2024, granting the CFTC’s motions for default and finding the defendants had engaged in commodity futures, options on commodities futures, and forex fraud. Judge Lindsay also found CIG and TVG, while acting as unregistered commodity trading advisors (CTAs), engaged in CTA fraud. In granting permanent injunctive relief, the court found the defendants “repeatedly and deliberately” engaged “two separate but related multi-year Ponzi schemes,” thereby violating “core provisions of the act [Commodity Exchange Act].” Judge Lindsay noted Avila’s actions demonstrated a “high level of scienter and egregious fraud.”

The orders and judgment require Avila, LIFT, CIG, and TTG to pay, jointly and severally, $3,626,751.90 in restitution to defrauded clients in the first fraudulent scheme. The order also requires Avila, TVG, CVG, and VGL to pay, jointly and severally, $1,814,720.41 in restitution to defrauded clients in the second scheme. Further, the orders and judgment require Avila to pay a $1,525,831.05 civil monetary penalty (CMP); LIFT, TTG, TVG, CVG, and VGL each to pay a $429,028 CMP; and CIG and TVG each to pay a $858,056 CMP.

Parallel Criminal Action

On June 3, 2021, Avila pled guilty to one count of wire fraud based, in part, on the same conduct alleged in the CFTC’s complaint. [United States v. Avila, Docket No. 3:21-cr-00168-M-1 (N.D. Tx 2021).] Avila was sentenced to 210 months in prison and an additional three years of supervised release.

The CFTC thanks the Office of the United States Attorney for the Northern District of Texas and the FBI Dallas/Fort Worth Office. The CFTC acknowledges the assistance of the Superintendencia General de Valores de Costa Rica (SUGEVAL), the UK Financial Conduct Authority and the Financial Services Regulation and Supervision Department of Nevis.

The Division of Enforcement staff responsible for this case are Xavier Romeu-Matta, Michael Cazakoff, Judith M. Slowly, Mary Lutz, Gates S. Hurand, Lenel Hickson, Jr., and Manal M. Sultan, and former staff member Steven I. Ringer.

MIL OSI USA News –

September 29, 2024
MIL-OSI USA: AFSCME’s Saunders pays tribute to labor legend Bill Lucy

Source: American Federation of State, County and Municipal Employees Union

WASHINGTON – President Lee Saunders released this statement following the death of AFSCME Secretary-Treasurer Emeritus Bill Lucy:

“Bill Lucy was a giant, one of the most accomplished and influential trade unionists ever — in any country, at any moment in history. He did as much as anyone to advance the dignity of all working people here in the United States and around the world. He was one of our greatest warriors ever for civil rights, labor rights and human rights.

“From his leadership in the 1968 Memphis sanitation strike, to the founding of the Coalition of Black Trade Unionists, to his role in defeating and dismantling South African apartheid, he was a courageous trailblazer. On behalf of 1.4 million AFSCME members, I am so grateful for his visionary leadership from the moment he first joined our union nearly 70 years ago.

“On a personal level, he was a mentor to me, someone I leaned on for counsel and wisdom. I stand on his shoulders, and I will continue to be inspired by his example. Rest in power, brother.”

MIL OSI USA News –

September 29, 2024
MIL-OSI: Capital Revo Announces Its Cutting-edge Solutions to Protect Client Data

Source: GlobeNewswire (MIL-OSI)

NEW DELHI, INDIA, Sept. 25, 2024 (GLOBE NEWSWIRE) — Today, Capital Revo is proud to announce the launch of its cutting-edge solutions to protect client data. Whether it’s the best forex broker in India or a top trading platform globally, protecting clients’ data is of utmost priority. In this digital age, where internet users are exposed to various threats and vulnerabilities, taking the right measures and investing in cutting-edge technology is essential for safeguarding their online information.

“By expanding the existing relationships with their strategic partners and focusing on improving their technological infrastructure, Capital Revo is proud to take the first step to ensure the protection of their clients’ data. We will continue to improve the experience their platform offers, making it safe for novice and expert traders to trade.” says the CEO of Capital Revo.

The Importance of Online Security for Trading Platforms

One of the major concerns that users have before joining a trading platform is online security. What if a hacker gains access to their personal or financial data? Such a situation can lead to a world of trouble, as the outsider can commit identity theft or financial crimes, creating further problems for the victim.

Evolving customer expectations continue to drive the need for efficient and secure solutions to meet the demands of the modern trading world. While data encryption remains a key favorite among the different forex platforms, network security, firewalls, audits, strong authentication methods, and software updates are also important in combating a security system’s constant vulnerabilities.

Enhancing Online Security and Technological Infrastructure by Making the Right Investments

Capital Revo understands the constant threat that looms on the internet. From dangerous malware to intrusions, modern investors face many risks on a daily basis.

Due to rising concerns among online traders, the company have decided to enhance their technological infrastructure by investing in cutting-edge solutions that encrypt their clients’ information. This demonstrates their commitment to data protection and their ability to listen to their audience.

Their modern security systems can recognize and mitigate threats before they impact their operations. They are able to keep up with the changing online landscape and modify their systems accordingly to ward off potential hackers.

Collaboration with an Online Security Company for Daily Protection

While several trading platforms, including Capital Revo, have invested in robust technological solutions, it’s important to understand that cybercriminals are constantly developing new methods to breach advanced security measures. This makes it even more pressing for trading platforms to continually monitor and defend against emerging threats.

Fortunately, their recent investments in cutting-edge technology and partnership with a reputable cybersecurity firm allow us to provide ongoing security support. Their experts will continuously monitor the platform and user accounts for vulnerabilities and suspicious activities, ensuring the protection of consumer data.

Capital Revo on Its Way to Becoming One of the Best Trading Platforms in India!

At Capital Revo, they aim to make trading easy and safe. Their intuitive dashboard, combined with the robust technological solutions they have invested in, makes us the best forex broker in India.

With Capital Revo, users don’t have to worry about online hackers trying to get their hands on users’ personal or financial information. Their state-of-the-art cloud systems ensure that users’ data remains protected at all times, giving you peace of mind while you plan users’ next short-term and long-term investment strategies.

Social Links

Instagram: https://www.instagram.com/capital_revo/

Facebook: https://www.facebook.com/people/Capital-Revo/61552517622119/

Media contact

Brand: Capital Revo

Contact: Media team

Email: marketing@capitalrevo.com

Website: https://capitalrevo.com

SOURCE: Capital Revo

The MIL Network –

September 29, 2024
MIL-OSI Russia: Sobyanin took part in the meeting of the State Council Presidium on the issue of export development

MIL OSI Translation. Region: Russian Federation –

Source: Moscow Government – Government of Moscow –

President of Russia Vladimir Putin held an extended meeting of the State Council Presidium on the issue of export development. The Mayor of Moscow took part in the meeting Sergei Sobyanin.

One of the key topics was further steps to increase the country’s export potential and the role of regions in this process. Russia continues to be an active participant in international trade, despite the difficulties that businesses face.

“We are developing external business relations, expanding their geography, strengthening cooperation with predictable, reliable partners who, like Russia, understand their national interests and value mutually beneficial trade, production, and cooperation relations,” the Russian President noted.

At present, world trade and the global economy as a whole are actively developing. A new system of relations is currently being built, where the leading roles are taken by the states of the so-called Global South. These are dynamically growing countries, participants in promising integration associations, such as, for example, BRICS. Already now, the contribution of the BRICS countries to the world economy exceeds the share of the “Big Seven” and continues to grow.

Thus, in 1992, the G7 accounted for 45.5 percent of global GDP, and in 2022, it was already 30.5 percent. According to forecasts, in 2028, the share of the G7 will decrease to 27.9 percent. At the same time, the share of the BRICS countries (excluding new members) in global GDP in 1992 was 16.7 percent, in 2022 it grew to 31.4 percent, and by 2028 it may reach 33.8 percent.

This trend will continue in the future, since the growth of the BRICS countries’ contribution to the global economy is an objective process that is not related to the current geopolitical situation.

“This means [that] real markets of the future are being formed, based on strong strategic partnerships, principles of combining economic potentials and mutually enhancing growth. It is important not only to understand these trends, but also to take advantage of the advantages and export opportunities that are opening up for our businesses, for enterprises. We need to provide them with assistance at all levels,” Vladimir Putin emphasized.

The Russian President recalled that this year, a six-year national project to support exports is ending. During this time, it was possible to create tools, including in the country’s regions, that allowed domestic companies to go through the pandemic stage, successfully supply products abroad, and, over the past two years, redirect commodity flows to promising, growing markets.

“Next year, the updated national project “International Cooperation and Export” will be launched. The basis for its decisions, measures and mechanisms should be the results achieved in the export sphere, the priorities of economic development facing our country, and, of course, the objective global trends that I just spoke about,” the Russian President noted.

For the long-term development of foreign economic relations, it is necessary to increase the efficiency of financial and information support for exports, actively create logistics and transport infrastructure, as well as platforms for industrial cooperation.

In addition, it is important to stimulate the entry of Russian companies into markets for goods with high added value, to increase so-called non-resource, non-energy exports, including supplies of engineering goods and food products.

“I would like to note that from 2001 to 2023, the volume of Russia’s non-resource, non-energy exports has grown more than fourfold. This is a good result: four times – not some percentage, but four times – from 36 to 148 billion dollars. This, of course, is far from the limit for us, it is still not that much. But in the first seven months of this year, non-resource, non-energy exports continued to grow and increased by another five percent – to 89.8 billion [dollars],” Vladimir Putin said.

In some areas, particularly in food supplies, Russia has already become one of the world’s leading exporters. According to the Russian President, this result is primarily the merit of specialists and labor collectives of enterprises, as well as those who provide them with support, in particular development institutions and regional leaders.

“In the message to the Federal Assembly, and then

in the decree on national development goals a target was set, namely, to increase non-resource, non-energy exports by at least two-thirds by 2030 compared to 2023. This is an ambitious goal, especially given the challenges that our companies have faced recently,” Vladimir Putin noted.

In his opinion, this task requires a comprehensive approach from the state, development institutions and regional leaders. Thus, the Russian Export Center (REC) is implementing a special program “Made in Russia”, which helps promote domestic brands in domestic and foreign markets. It is necessary to scale up this practice and expand its coverage.

“Within the framework of interregional cooperation, partnerships are being built with friendly countries, and this, of course, contributes to strengthening Russia’s technological sovereignty, sets a higher pace of economic development for the subjects of the Federation, and therefore for the entire country,” Vladimir Putin emphasized.

The Russian President noted that individual regions of the country are consistently and comprehensively developing non-resource exports, working with small and medium businesses. For this purpose, regional exporter support centers have been created and teams of specialized specialists are working.

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

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

https://vvv.mos.ru/major/themes/11824050/

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI Russia News –

September 29, 2024
MIL-OSI USA: Rep. Dina Titus Statement on FTC Crackdown on Invitation Homes

Source: United States House of Representatives – Congresswoman Dina Titus (1st District of Nevada)

Congresswoman Dina Titus (D-NV1) today released the following statement after the Federal Trade Commission took action against Invitation Homes for deceiving renters about lease costs, charging undisclosed junk fees, failing to inspect homes before renters moved in, and unfairly withholding tenants’ security deposits when they moved out.

“The FTC took a major step in addressing deceptive rental practices in Southern Nevada which have contributed to skyrocketing rental costs,” Congresswoman Titus said. “Invitation Homes is the second-largest owner of single-family homes in Clark County, with some 3,500 homes. The FTC action requires Invitation Homes to make refunds to consumers and sends a strong message that rent gouging will not be tolerated.”

Invitation Homes has agreed to a proposed settlement order that would require the company to turn over $48 million to be used to refund consumers harmed by its actions nationally. The corporate landlord will also be required to clearly disclose its leasing prices, establish policies and procedures to handle security deposit refunds fairly, and stop other unlawful behavior.

See FTC’s news release for more background.

MIL OSI USA News –

September 29, 2024
MIL-OSI USA: Casten, Brownley Propose Voluntary Carbon Footprint Label for Food
Source: United States House of Representatives – Representative Sean Casten (IL-06)
September 25, 2024

Washington, D.C. — Today, U.S. Congressman Sean Casten (IL-06) and Congresswoman Julia Brownley (CA-26) introduced the Voluntary Food Climate Labeling Act, legislation to revolutionize the way consumers learn about the climate impact of the food they purchase.

Under the legislation, the Environmental Protection Agency (EPA) will work with food producers, manufacturers, and retailers to develop a voluntary food climate label to place on products that will contain EPA-verified information relating to the carbon footprint of that product.

“A growing number of consumers are eager to know the climate impacts of the items they purchase,” said Rep. Sean Casten. “The Voluntary Food Climate Labeling Act provides them with the information they need to make climate-conscious decisions–if they so choose–with their hard-earned money, empowering them to take control of their own carbon footprint.”

“The food and agriculture sector currently contributes an estimated 10 percent of the total greenhouse gas emissions in the United States,” said Congresswoman Julia Brownley. “While a majority of U.S. consumers say that sustainability is important to them when purchasing food, research shows that consumers struggle to identify which products are the most sustainable. This food climate label would help consumers more easily identify sustainable foods and food production, creating a simple and effective solution to address one of the significant causes of greenhouse gas emissions. Creating this label will be a real win-win for the agriculture sector, consumers, and our environment.”

The label will include information on the greenhouse gas emissions released during the production, manufacturing, distribution, consumer use, end-of-life reuse, and recycling of a food product. This will help food producers, manufacturers, and retailers showcase the work they’ve done to reduce their carbon footprint, while empowering consumers with more information to shop more sustainably.

Text of the legislation can be found here.

How it Works:
- The legislation would establish the Voluntary Food Climate Labeling Program at the Environmental Protection Agency (EPA), in consultation with the Federal Trade Commission (FTC) and the U.S. Department of Agriculture (USDA) in implementing the program.
- Entities selling food products will be allowed, but not mandated, to apply to the Program to put a food climate label on the packaging of their food product.
- The label will:
- Provide a numerical summary of the best available information regarding the greenhouse gas (GHG) emissions released during the growing of the food ingredients, manufacturing, processing, packaging, distribution, storage, presentation in the retail establishment, consumer use (including the energy involved in refrigeration and cooking), end-of-life reuse, recycling, composting, treatment, and disposal of the food and its packaging.
- Of the above information, the food producer, manufacturer, or retailer will provide the “cradle-to-gate” information, from the growing of the food to its arrival at the retail establishment. Because the rest of the food lifecycle – including how it is stored, prepared, and disposed of – is beyond the control of these businesses, EPA will provide the information on the rest, based on the typical use case, in consultation with the producer, manufacturer, or retailer.
- In addition, the label will:
1. Convey the information in a manner determined to be most useful to the consumer at the point of sale;
1. Not convey that any given food is acceptable or unacceptable – that kind of decision being left to the consumer, presumably as informed by the factual information conveyed through the label;
1. Convey that the information has been verified by EPA;
1. Include a logo to help the consumer identify the label;
1. Include a QR code to provide the consumer access to the above-described in-depth information.
1. In specifying the visual form, the information to be included, and the method for verification, the EPA shall consult with food industry stakeholders, and may do so through the establishment of a federal advisory committee or a negotiated rulemaking.
# # #
MIL OSI USA News –
September 29, 2024
MIL-OSI USA: CFTC Charges Texas Associated Person with Misappropriation of Nonpublic Information and Execution of Fictitious Trades

Source: US Commodity Futures Trading Commission

WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today it filed a civil enforcement action in the U.S. District Court for the Southern District of Texas against John Cartwright, a Houston resident.

The complaint charges Cartwright, an associated person of introducing broker Classic Energy LLC, received confidential information from a Classic customer for brokering natural gas block trades and tipped this information to Peter Miller, an individual proprietary trader. Miller, in turn, traded based on this information and shared his trading profits with Cartwright.

“Market intermediaries play a vital role ensuring markets for energy derivatives are competitive and liquid,” said Director of Enforcement Ian McGinley. “The CFTC vigorously pursues those who use their positions for personal gain by misappropriating their customers’ confidential information.”

The CFTC seeks monetary penalties, disgorgement, restitution, registration and trading bans, and a permanent injunction against further violations of the Commodity Exchange Act and CFTC regulations.

Case Background

The complaint alleges from at least June 2016 to September 2019, Cartwright, while employed by Classic, disclosed material nonpublic information obtained from his customer in breach of his duties to that customer.

Specifically, when this customer disclosed to Cartwright orders for block trades in natural gas futures, Cartwright disclosed this information only to Miller, who then traded using a spread trading strategy that involved entering into non-arm’s length, fictitious block trades in financially settled natural gas futures contracts with the customer; and electronically executing physically-delivered natural gas futures trades for the same quantity and contract month.

By trading in this manner, Miller obtained advantageous prices for his block trades and sequenced his spread trades in a manner that maximized his ability to profit unlawfully. Cartwright provided legitimacy to the block trades by confirming their execution to NYMEX as if they were handled in the normal course of Cartwright’s brokerage services. According to the complaint, Miller shared his profits from these trades with Cartwright.

The CFTC previously filed a complaint against Miller and entered an order against Classic for their roles in the scheme. [See CFTC Press Release Nos. 8396-21 and 8634-22]

The Division of Enforcement staff responsible for this case are Lauren Fulks, Alison Auxter, Thomas Simek, Christoper Reed, Charles Marvine, and former staff member Clem Ashley.

MIL OSI USA News –

September 29, 2024
MIL-OSI Canada: Saskatchewan Exports to Latin America Reach Record $5.4 Billion in 2023

Source: Government of Canada regional news

Released on September 25, 2024

Record Exports to Latin America Reported for Second Consecutive Year

Saskatchewan’s exports to Latin America reached a new provincial record of $5.4 billion last year driven primarily by potash and agri-food products. Potash accounted for 54.5 per cent of exports in 2023 at nearly $3 billion, while agri-food products totaled over $2.4 billion.

Exports to Peru also increased by 19.3 per cent in April to June 2024 compared to the same period last year for a total export value of $105.5 million.

“The Latin American region is a vital component of our government’s strategy to expand our province’s trade network and export more Saskatchewan products around the world,” Trade and Export Development Minister Jeremy Harrison said. “Global food security continues to be a priority for our province. These numbers show that our international engagement efforts to promote Saskatchewan as a reliable supplier of food and fertilizer on the world stage are working. This significant growth in or province’s exports creates new jobs and economic opportunities for Saskatchewan’s strong and vibrant communities.”

Top agri-food commodities to the region include non-durum wheat, which increased 30.5 per cent from 2022, canola seed, lentils, canola oil, durum wheat and dried peas. The five top countries in Latin America for 2023 were Brazil, Mexico, Colombia, Peru and Ecuador, accounting for 85 per cent of Saskatchewan’s exports to the region.

Saskatchewan’s trade and investment office in Mexico City, which opened in 2022, continues to facilitate new partnerships and grow trade relationships in the region. In September 2023, the office supported a trade and investment mission to Mexico led by Saskatchewan Agriculture Minister David Marit that focused on promoting the province’s agricultural and mining sectors.

“Saskatchewan’s agriculture sector continues to make an impact on the global stage – and our increased presence in Latin America is no exception,” Agriculture Minister David Marit said. “Our producers and value-added businesses are able and willing to provide sustainable, high-quality agri-food products to nourish the world and boost our provincial economy.”

Earlier this year, Saskatchewan’s Mexico Office assisted Saskatchewan Trade and Export Partnership (STEP) to lead eight Saskatchewan companies in a trade mission to Peru and Mexico which resulted in over 186 business-to-business connections and sales of over $1 million in agricultural commodities.

The Government of Saskatchewan recently unveiled its new Securing the Next Decade of Growth – Saskatchewan’s Investment Attraction Strategy. This strategy combined with Saskatchewan’s trade and investment website, InvestSK.ca, contains helpful information for potential markets and solidifies the province as the best place to do business in Canada.

For more information visit InvestSK.ca.

-30-

For more information, contact:

MIL OSI Canada News –

September 29, 2024

MIL-OSI: Weekly share repurchase program transaction details

Source: GlobeNewswire (MIL-OSI)

September 25, 2024

SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period September 19, 2024 through September 25, 2024.

The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024, effective from March 1, 2024 and increased by EUR65 million as announced on August 8, 2024. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, 2024 through September 25, 2024 can be found in the top half of the table below. Further detailed information regarding both the progress of the share repurchase program and all individual transactions can be accessed via the Investors section of the Company’s website.

Share Repurchase Program

Overall progress Share Repurchase Program:

Total Repurchase Amount			EUR 130,000,000
Cumulative Repurchase Amount			EUR 56,484,588
Cumulative Quantity Repurchased			3,803,539
Cumulative Average Repurchase Price			EUR 14.85
Start Date			March 1, 2024
Percentage of program completed as of September 25, 2024			43.45%

Overview of details of last 5 trading days:

Trade Date	Quantity Repurchased	Average Purchase Price	Settlement Amount
September 19, 2024	35,289	EUR 16.47	EUR 581,240
September 20, 2024	35,937	EUR 16.46	EUR 591,499
September 23, 2024	34,590	EUR 16.47	EUR 569,538
September 24, 2024	30,183	EUR 16.76	EUR 505,962
September 25, 2024	48,519	EUR 16.48	EUR 799,830
Total	184,518	EUR 16.52	EUR 3,048,069

¹All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise

This press release contains information which is to be made publicly available under the Market Abuse Regulation (nr. 596/2014). The information concerns a regular update of the transactions conducted under SBM Offshore’s current share repurchase program, as announced by the Company on February 29, 2024 and August 8, 2024, details of which are available on its website.

Corporate Profile

SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading technology provider, we put our marine expertise at the service of a responsible energy transition by reducing emissions from fossil fuel production, while developing cleaner solutions for alternative energy sources.

More than 7,400 SBMers worldwide are committed to sharing their experience to deliver safe, sustainable and affordable energy from the oceans for generations to come.

For further information, please visit our website at www.sbmoffshore.com.

Financial Calendar	Date	Year
Third Quarter 2024 Trading Update	November 14	2024
Full Year 2024 Earnings	February 20	2025
Annual General Meeting	April 9	2025
First Quarter 2025 Trading Update	May 15	2025
Half Year 2025 Earnings	August 7	2025

For further information, please contact:

Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager

Media Relations

Evelyn Tachau Brown
Group Communications & Change Director

Market Abuse Regulation

This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Disclaimer

Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impact, Risk and Opportunity Management’ section of the 2023 Annual Report.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website https://www.sbmoffshore.com/investors/financial-disclosures.

Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

“SBM Offshore^®“, the SBM logomark, “Fast4Ward^®”, “emissionZERO^®” and “F4W^®” are proprietary marks owned by SBM Offshore.

Attachment

Press Release Week 38 & 39 – September 19 to September 25, 2024

The MIL Network –

September 29, 2024

MIL-OSI USA: Polis Administration Announces Solid Power Planned Expansion in Colorado: 40 New Jobs in the Renewable Energy Sector

Source: US State of Colorado

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Colorado-based Solid Power, Inc. (Nasdaq: SLDP), an industry-leading developer of next-generation all-solid-state battery technology, plans to expand its presence in the state.

“We are thrilled that Solid Power will continue to grow in Colorado, creating new jobs in the renewable energy industry. Companies like Solid Power are helping drive innovation in our state and will play a key role in helping us reach our clean energy goals and achieve 100% renewable energy by 2040,” said Governor Polis.

A uniquely Colorado success story, Solid Power was founded in 2011 and grew out of research at the University of Colorado Boulder. In 2021, the company went public and listed on NASDAQ. Solid Power is known for its work with BMW, Ford, and SK On. Most recently it was selected by the U.S. Department of Energy (DOE) to begin award negotiations for up to $50 million in federal funding to install the first globally-known continuous manufacturing process of sulfide-based solid electrolyte materials for advanced all-solid-state batteries (ASSBs) and expand its electrolyte production capabilities at its Thornton, Colorado facility. These materials help create batteries needed for electric vehicles. Colorado is among the top states for EV adoption in the nation, with more than 22% of new cars sold being electric.

Solid Power is committed to supporting the transition to renewable energy by developing ASSBs that are expected to have longer life, be safer, and cost less than current lithium-ion batteries. The company chose Colorado for expansion of up to 40 new jobs because of the state’s talent pipeline and the collaborative network of higher education and research institutions.

“We are excited to continue expanding our technology development in Colorado,” said John Van Scoter, President and Chief Executive Officer of Solid Power. “As part of the DOE, State of Colorado, and City of Thornton funding, Solid Power will prioritize employee welfare and safety, community engagement, and benefits to local communities, and we look forward to partnering with various groups in Thornton to add talent and advance our goals.”

With this expansion, Solid Power expects to create up to 40 net new jobs at an average annual wage of $77,823.90, which is 111% of the average annual wage in Adams County. The positions will include production operators, chemists, and engineers. Solid Power is also partnering with local institutions such as Northglenn High School, Front Range Community College, and Metropolitan State University of Denver for internship programs, as well as a partnership with the local Adams 12 school district.

“Solid Power is a true Colorado success story, who’s next chapter will advance the technologies of tomorrow and create new good jobs for Coloradans. That’s a win for our state and the nation, as we look forward toward a more renewable future,” said OEDIT Executive Director Eve Lieberman.

The State of Colorado supported Solid Power’s early growth with an Advanced Industries Accelerator grant in 2014, offered through OEDIT’s Global Business Development division to support the development of early-stage technologies.

To support the company’s upcoming expansion, the Colorado Economic Development Commission approved up to $160,000 in a performance-based Strategic Fund incentive over an eight-year period, at $4,000 per net new job. These incentives are contingent upon Solid Power, referred to as Project Maverick 2024 throughout the OEDIT review process, meeting net new job creation and salary requirements.

“The City Council and I are always delighted to hear that a company in our city is thriving so much that they need to expand their operations here,” says Thornton Mayor Jan Kulmann. “We look forward to the continued growth of Solid Power here in our community. This exciting opportunity for new job development and advanced technologies in the solid-state battery industry further shows Thornton is an attractive destination for business.”

“The creation of up to 40 new STEM jobs paying above the annual average wage is wonderful news for the Adams County business community and our residents,” says Board Chair for Adams County Commissioners, Emma Pinter. “Adams County continues to focus on innovative and inclusive initiatives to bring smart growth and opportunities to the area.”

In addition to Colorado, Solid Power considered Columbia, South Carolina, for exemption.

About Solid Power, Inc.

Solid Power is developing solid-state battery technology to enable the next generation of batteries for the fast-growing EV and other markets. Solid Power’s core technology is its electrolyte material, which Solid Power believes can enable extended driving range, longer battery life, improved safety, and lower cost compared to traditional lithium-ion. Solid Power’s business model – selling its electrolyte to cell manufacturers and licensing its cell designs and manufacturing processes – distinguishes the company from many of its competitors who plan to be commercial battery manufacturers. Ultimately, Solid Power endeavors to be a leading producer and distributor of sulfide-based solid electrolyte material for powering both EVs and other applications. For more information, visit http://www.solidpowerbattery.com/.

About OEDIT’s Global Business Development Division

Global Business Development (GBD) is a division of the Colorado Office of Economic Development and International Trade. GBD supports Colorado businesses and communities by using a data-driven approach to recruit, support, and retain businesses that contribute to a robust and diversified economy. We align our portfolio of programs, services, and incentives with industries that benefit Colorado companies and elevate the state’s national and international competitiveness. GBD also hosts foreign delegations and participates in trade and investment missions around the world to strengthen global awareness of Colorado. With a highly educated and motivated workforce, a thriving innovation economy, and nation-leading entrepreneurial spirit, Colorado is a top market for business development.

About Colorado Office of Economic Development and International Trade

The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado’s economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT.

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MIL OSI USA News –

September 29, 2024
MIL-OSI USA: ICYMI: Republicans Pick Up Unlikely Allies in Key House Races: Unions

Source: US National Republican Congressional Committee

The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

September 25, 2024

In case you missed it…The New York Times is out with a new article highlighting the ongoing shift of union support from belonging exclusively to Democrats to now treading into Republican territory.

In the article, Rep. Tom Kean is highlighted for his notable support from Building and Construction Trades Council who, “not only flipped sides to support Representative Tom Kean Jr. but helped keep the Democrat-aligned A.F.L.-C.I.O. on the sidelines.”

Read more here and below.

Republicans Pick Up Unlikely Allies in Key House Races: Unions
New York Times
September 25, 2024

The president of the International Brotherhood of Teamsters praised one Republican congressman on national television. A major transportation union rated another among its most loyal supporters in Congress. And an influential building trades group said a third would help begin “restoring the sense of unity” the country had lost.

[…]

In New York’s Hudson Valley, Representative Mike Lawler has collected tens of thousands of dollars more in union donations than his Democratic opponent. Further upstate, a 1,500-member electrical workers’ union that once opposed Representative Marc Molinaro is now working to re-elect him. And in New Jersey, the state’s Building and Construction Trades Council not only flipped sides to support Representative Tom Kean Jr. but helped keep the Democrat-aligned A.F.L.-C.I.O. on the sidelines.

[…]

Last week, the 1.3-million-member Teamsters voted to stay neutral in the race for president, a blow to Democrats after years of support. Prominent Republicans, including former President Trump and his running mate, Senator JD Vance of Ohio, have begun to speak in more explicitly pro-worker terms, though many labor leaders say their policies do not match their rhetoric. And leaders of some of the nation’s oldest unions increasingly find themselves grappling with how to respond to members shifting rightward.

[…]

And yet, even the idea of Republicans and Democrats fighting in a general election over who is more friendly to working people represents a change.

[…]

Read more here.

MIL OSI USA News –

September 29, 2024
MIL-OSI Global: An oral weight loss pill has just passed early trials with promising results – here’s how it works

Source: The Conversation – UK – By Martin Whyte, Associate Professor of Metabolic Medicine, University of Surrey

Numerous companies are working on developing weight loss pills that would have similar effects as injectable drugs currently on the market. Ljupco Smokovski/ Shutterstock

The arrival of GLP-1 analogue drugs (such as Wegovy) marked a huge shift in the weight loss drug market. These drugs have been shown to lead to significant weight loss in users – as much as 15% or more of their body weight in clinical trials. For this reason, demand for weight loss drugs has skyrocketed worldwide.

Most of the GLP-1 analogue drugs on the market are taken as a weekly injection under the skin. But many companies are now working on translating these drugs into a form that can be taken orally, as a pill.

But will weight loss pills be as effective as the injectable GLP-1 drugs already on the market?

How do injectable weight loss drugs work?

When we eat, the gastrointestinal system produces a variety of hormones in response, that go on to signal satiety to the brain. Collectively, these hormones are called “incretins”. Glucagon-like peptide-1 (GLP-1), glucose-dependent insulinotropic polypeptide (GIP) and islet amyloid polypeptide (amylin) are all incretins.

Incretins signal the hypothalamus (a structure in the brain that links the endocrine and nervous systems) and other brain regions to tell the rest of the body we’re full.

The drug semaglutide (sold under the brand names Wegovy and Ozempic) mimics the naturally occurring incretin GLP-1. But unlike the GLP-1 the body produces (which is quickly broken down by enzymes after it’s been released), semaglutide has been pharmacologically modified so that the hormone lasts longer in the body – thereby making a person feel fuller for longer after meals.

Other weight loss drugs can act on more than one incretin receptor. Tirzepatide (sold under the brand name Mounjaro) is the first available “dual” incretin. In other words, it has properties of two incretin molecules – acting on both GLP-1 and GIP receptors. Clinical trials showed tirzepatide is even more effective than semaglutide – leading to an impressive loss of up to 20% of body weight in overweight or obese participants who took the drug for 72 weeks.

How would a weight loss pill work?

Novo Nordisk, the makers of Wegovy, recently announced the phase 1 trial results of a new oral weight loss pill they’re developing, called amycretin.

At the European Association for the Study of Diabetes conference in September 2024, researchers reported that in early trials, amycretin led to a 10.4% loss of body weight in people who were overweight or obese when taken at its lowest dose for 12 weeks. When taken at a higher dose, it led to an over 13% loss of body weight in the same time period. This was compared to participants who were given a placebo, who lost only 1% of their body-weight. The amount of weight lost was faster than when compared to semaglutide injections.

The oral pill was shown to be more effective than injectable semaglutide.
Artmim/ Shutterstock

Amycretin works by targeting two incretin hormone receptors: GLP-1 and amylin.

Amylin is secreted at the same time as insulin by cells in the pancreas. The hormone plays a key role in blood sugar (glucose) regulation by controlling how quickly food is digested in the stomach and controlling when the hormone glucagon in released. Importantly, amylin receptors are found in specific brain regions that regulate appetite. As such, it can trigger a satiety signal after meals.

Weight loss from GLP-1 and amylin receptor treatments works through both separate as well as shared brain pathways. Because of this, combining the two therapies is anticipated to have a greater effect on promoting weight loss. Based on the early results from this amycretin trial, it appears this is true.

As amycretin has been developed to be taken as a pill, it may offer a more convenient option for managing obesity. Furthermore, weight loss had not plateaued by the 12-week period – so people may be able to lose more weight than that shown so far. And, side-effects appear similar to other incretin-based treatments – including nausea, vomiting, diarrhoea or constipation.

Larger trials are now taking place to better understand how safe and effective it really is.

Advances in the field of weight loss drugs are evolving rapidly. Further dual-agonist and even triple-agonist incretin drugs are in development. Trials so far show they lead to a significant loss of body weight. Numerous companies are also working on developing weight loss pills that target incretin receptors – with trial results for some anticipated later this year.

Amycretin has now advanced to the next phase of clinical trials. If proven to be as safe and effective as it was in phase one trials, it could be good news for patients with obesity. More options available on the market would also be good news as it could help manage global demand for weight loss drugs and ease the resultant shortages of these products.

Martin Whyte has received research funding from AstraZeneca.

– ref. An oral weight loss pill has just passed early trials with promising results – here’s how it works – https://theconversation.com/an-oral-weight-loss-pill-has-just-passed-early-trials-with-promising-results-heres-how-it-works-239637

MIL OSI – Global Reports –

September 29, 2024
MIL-OSI USA: Congresswoman Lee Statement on FTC Action Against Second Largest Owner of Clark County Single-Family Rental Homes

Source: United States House of Representatives – Congresswoman Susie Lee (NV-03)

WASHINGTON – Today, Congresswoman Susie Lee (NV-03) released the following statement after the Federal Trade Commission (FTC) made an announcement that it was taking action against Invitation Homes — the second largest owner of single-family rental homes in Clark County — for deceiving and taking financial advantage of renters:

“Invitation Homes owns about 3,500 homes in Clark County. That’s 3,500 families in southern Nevada who have been mistreated in the name of corporate greed. I applaud the FTC for cracking down on the corporate landlords who take advantage of working families.

“This is exactly why Congress must pass the HOME Act to go after more of these Big Corporate Landlords so we can lower costs and protect our families, seniors, and veterans from predatory practices.”

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MIL OSI USA News –

September 29, 2024
MIL-OSI USA: Congressman Robert Garcia Leads Los Angeles County Delegation in Support of Metro’s Southeast Gateway Line Project

Source: United States House of Representatives – Congressman Robert Garcia California (42nd District)

WASHINGTON, D.C. – Today, Congressman Robert Garcia (CA-42) led a letter with 11 colleagues to ask Department of Transportation Secretary Pete Buttigieg and Director of Office Management and Budget Shalanda Young to include funding for the Los Angeles County Metropolitan Transportation Authority’s (Metro) Southeast Gateway Line Project in the Fiscal Year 2026 President’s Budget Request. The Southeast Gateway Line will provide historically underserved communities across Southeast Los Angeles and the Gateway Cities with long-overdue access to high-quality public transit. The full letter can be found here.

“We need to ensure that underserved communities throughout Southeast Los Angeles and the Gateway Cities have access to the high-quality public transit they deserve,” said Congressman Robert Garcia. “Metro’s Board has made the Southeast Gateway Line Project its top priority and has lined up the necessary local funding to support it. Now, we need a federal funding commitment to keep this project moving forward. Our communities, which have often been overlooked, are counting on us to provide safe and reliable transportation for years to come.”

Metro’s Board of Directors has chosen the Southeast Gateway Line Project as their top priority and is using local funding from voter-approved sales taxes to support it. Thanks to teamwork with the FTA, the project is advancing in the Project Development phase. In April, the Metro Board approved a 14.5-mile light rail line from the Slauson A Line Station to Artesia and finalized the Environmental Impact Report. The FTA completed its review in August 2024.

The Southeast Gateway Line Project aims to improve transit access for disadvantaged communities in Southeast Los Angeles County and the Gateway Cities. The letter requests $100 million in the Fiscal Year 2026 budget to help with ongoing design, engineering, and other necessary work. Metro has also submitted required information to the FTA and expects a positive rating to move the project forward into the Engineering Phase.

The following are co-signers of the letter: Senator Alex Padilla, Senator Laphonza Butler, Congresswoman Nanette Barragán, Congresswoman Julia Brownley, Congresswoman Judy Chu, Congressman Jimmy Gomez, Congresswoman Sydney Kamlager-Dove, Congresswoman Grace Napolitano, Congresswoman Linda Sánchez, Congressman Adam Schiff, Congresswoman Maxine Waters.

Congressman Garcia has always fought to improve transportation infrastructure. In August, Congressman Garcia led a bipartisan letter to secure funding for Los Angeles and Long Beach to ensure a safe, clean, and effective transit system for the 2028 Olympics. In May, Congressman Garcia and Senator Elizabeth Warren introduced the BUILD GREEN Infrastructure and Jobs Act, which aims to provide $500 billion over ten years to update and electrify public transportation and rail systems across the country. In March, Congressman Garcia led 128 Representatives in a letter supporting full funding for transit Capital Investment Grants. Last year, he introduced the People Over Parking Act to eliminate minimum parking space requirements near transit hubs, encouraging more housing and walkable urban areas. As Mayor of Long Beach, his Measure A initiative started the largest infrastructure repair program in a generation, creating good jobs for union workers.

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MIL OSI USA News –

September 29, 2024
MIL-OSI USA: Tillis Applauds New 9-8-8 Geo-Routing Implementation

US Senate News:

Source: United States Senator for North Carolina Thom Tillis

WASHINGTON, D.C. – Senator Tillis, founder and co-chair of the bipartisan Senate Mental Health Caucus, applauded the recent announcement by the Substance Abuse and Mental Health Services Administration (SAMHSA) to begin implementing geo-routing for incoming calls to the 9-8-8 Suicide & Crisis Lifeline Network.

“From the creation of the 9-8-8 Suicide & Crisis Lifeline to historic mental health investments included in the Bipartisan Safer Communities Act, we have made substantial progress in recent years in expanding access to quality mental health care,” said Senator Tillis. “This new geo-routing policy furthers that goal by ensuring those experiencing a mental health crisis receive rapid and localized care when calling the Lifeline.”

Background:

Currently, calls to the 9-8-8 Suicide & Crisis Lifeline are routed by area code rather than by the caller’s location. This system leads to callers oftentimes being connected to centers that cannot connect them with local mental health resources. Geo-routing allows callers to be connected to crisis call centers and resources closest to their physical location, improving the effectiveness of the crisis care continuum and ensuring more timely, appropriate, and equitable access to crisis services. Importantly, geo-routing does not provide a precise location of the caller and allows callers to maintain their location privacy. Studies have shown that after speaking with a trained crisis counselor, most callers feel more hopeful and less depressed, suicidal and overwhelmed.

In North Carolina, the 9-8-8 Suicide & Crisis Lifeline has received over 112,000 calls, texts, and chats over the last 12 months, with an average response time of 14.2 seconds and a 98% answer rate. 90% of North Carolinians who contacted the hotline with thoughts of suicide reported improvement in how they were feeling by the end of the call.

In December 2023, Senator Tillis introduced the Local 9-8-8 Response Act of 2023, legislation would expedite the process of connecting callers with their nearest call center so they can receive appropriate care from mental health professionals as quickly and as safely as possible, while still protecting user privacy.

In March 2024, Senator Tillis joined Senator Padilla, Health and Human Services Secretary Xaiver Becerra, and Federal Communication Commission (FCC) Chairwoman Jessica Rosenworcel to announce that the FCC issued a Notice of Proposed Rulemaking (NPRM) address the discrepancies and inefficiencies of the current system by proposing the adoption of a rule that would require a geo-routing solution to be implemented for all wireless calls to the 9-8-8 Lifeline while balancing the privacy needs of individuals in crisis. The FCC is expected to vote on final rules to codify geo-routing on October 17.

These new rules, if adopted next month, would build on SAMHSA’s announcement, requiring all U.S. wireless carriers to implement geo-routing. In addition, the rules will also establish an implementation timeline for geo-routing calls to the 988 Lifeline of 30 days following the effective date of the rule for nationwide wireless providers and 24 months after the effective date of the rule for smaller, non-nationwide providers.

A one-page summary of the bill is available HERE. Full text of the bill is available HERE.

MIL OSI USA News –

September 29, 2024
MIL-OSI USA: News 09/25/2024 Senate Passes Blackburn, Kaine Resolution Designating October as “National Country Music Month”

US Senate News:

Source: United States Senator Marsha Blackburn (R-Tenn)

WASHINGTON, D.C. – U.S. Senator Marsha Blackburn (R-Tenn.) delivered remarks on the Senate floor ahead of the Senate’s passage of her resolution with Senator Tim Kaine (D-Va.) to designate the month of October as “National Country Music Month.”

This resolution honors the contributions of country music to the story and history of the U.S. and encourages the American people to observe “National Country Music Month” with appropriate ceremonies and activities.

Click here to download video of Senator Blackburn’s remarks on the Senate floor about her “National Country Music Month” resolution.

REMARKS AS PREPARED:

Next Month, Country Music Association Will Add John Anderson, James Burton, and Toby Keith to Country Music Hall of Fame

“Each year since 1961, the Country Music Association has inducted the legendary performers, songwriters, and artists of this uniquely American musical tradition into the Country Music Hall of Fame.

In many ways, this distinction is the highest honor in country music—with names like Hank Williams, Chet Atkins, Dolly Parton, and Elvis Presley among its roll of honor.

Next month, three new names will join this legendary group during the Hall of Fame Medallion Ceremony: John Anderson—a force for traditionalism in country music who achieved twenty Top Ten country singles across a five-decade-long career. James Burton—who is considered one of the greatest guitarists in all of music, performing and recording with the likes of Elvis, Merle Haggard, John Denver, and Emmylou Harris. And the late Toby Kieth—an exceptional storyteller who brought joy to millions around the world through his music, especially to our men and women in uniform.”

Country Music Reminds Every American of the Importance of Faith, Family, Freedom, Hope, Opportunity, and Patriotism

“While each artist has their own distinct sound and style, they share a music tradition that reminds every American of the things that truly matter: faith, family, freedom, hope, opportunity, and patriotism.

To honor this incredible genre, I come to the floor today to call for a unanimous consent vote for my resolution that would designate October 2024 as ‘National Country Music Month.’”

Blackburn Honors Grand Ole Opry as “Home of American Music”

“There’s a reason the Grand Ole Opry, the most famous stage in country music, is known as the ‘home of American music.’

Now is the perfect time for Congress to honor the contributions of country music—and its legendary performers and artists—to the story and history of the United States.”

Click here to read the resolution, and click here to download photos of Senator Blackburn with songwriters from Nashville Songwriters Association International.

MIL OSI USA News –

September 29, 2024

Category: Trade

Bharat has emerged as the most buoyant economy in the world that has 8% growth prospects for decades to come, stresses VPIndia is now a global happening place and Uttar Pradesh is bubbling with activity, says VP

$35 insulin

Importing Canadian drugs

Negotiating with the pharmaceutical industry

Continuation of progress

How do injectable weight loss drugs work?

How would a weight loss pill work?

Bharat has emerged as the most buoyant economy in the world that has 8% growth prospects for decades to come, stresses VP

India is now a global happening place and Uttar Pradesh is bubbling with activity, says VP