Category: Transport

  • MIL-OSI Canada: Government of Canada to launch Changing Narratives Fund

    Source: Government of Canada News (2)

    The Fund will support diverse communities and organizations in telling their stories and help them promote a diversity of voices in the media and cultural industries

    GATINEAU, October 21, 2024

    We all have a role to play in fighting discrimination and working toward a fairer, safer and more inclusive Canada. The Government of Canada is committed to empowering diverse voices in the media and cultural industries to ensure their experiences and perspectives are better represented.

    Today, the Honourable Pascale St-Onge, Minister of Canadian Heritage, announced the launch of the new Changing Narratives Fund, which will support incentives and initiatives to encourage greater participation by diverse communities in the media and cultural industries. It will also support the objectives of Canada’s Action Plan on Combatting Hate.

    As announced in Budget 2024, the Government of Canada is investing $10 million over three years ($3 million in 2024-25 and 2025-26, and $4 million in 2026-27) on this initiative. The funds, which will focus on Canada’s screen, media and journalism industries, will be made available through the Department of Canadian Heritage’s Changing Narratives Fund. This initiative is aimed at supporting diverse communities and organizations, including Indigenous, Black, racialized, ethno-religious minorities, 2SLGBTQI+ and persons with disabilities, have their stories, experiences and perspectives better represented in the media and cultural industries, which will allow Canadians to appreciate and understand Canada’s diversity.

    The Fund will support mentorship, training and professional development opportunities for diverse communities at all career stages, to encourage better participation in the media and cultural industries. It will also support internships and work placements to provide on-the-job training and experience.

    The Fund will be administered by three existing programs that will focus on the following industries:

    • Canada Media Fund for television, digital media, screen industry and cinematic production;
    • Canada Periodical Fund’s Collective Initiatives component and Local Journalism Initiative for magazines and community newspapers, written press, community radio, community television and online news services.

    Visit the Changing Narratives Fund webpage  regularly for details on the upcoming funding opportunities as programs prepare to launch their application processes.

    Visit the Canada Media Fund website to see details of its programming component, set to launch in November.

    MIL OSI Canada News

  • MIL-OSI United Kingdom: expert reaction to study looking at a home-based transcranial direct current stimulation treatment (tDCS) and major depressive disorder

    Source: United Kingdom – Executive Government & Departments

    A study published in Nature Medicine looks at home-based brain stimulation as a possible treatment for major depressive disorder. 

    Dr Julian Mutz, King’s Prize Research Fellow, King’s College London, said:

    “Depression is a common mental health condition that carries a significant disease burden.  While medication and psychotherapy are effective, they do not work for every patient and sometimes cause unwanted side effects.  Non-invasive brain stimulation techniques, such as transcranial magnetic or electrical stimulation, offer alternative treatment options.  A barrier to more widespread use is the need for frequent visits to the clinic, usually five times a week for several weeks.  There is considerable interest in transcranial direct current stimulation (tDCS) due to its potential for home-based use.  However, data from randomised clinical trials are limited.  Prior studies have supported its feasibility but more data are needed to establish efficacy, an important gap that this study addresses.  In this phase II trial of 174 patients, the authors show that tDCS was efficacious over a ten-week period, a longer duration than prior home-based trials.  Nearly half of the patients receiving tDCS achieved clinical remission, compared to just over 20% in the control group.  The treatment also showed a good safety profile, which will provide reassurance to both clinicians and patients.  Given that two of the largest randomised controlled trials of tDCS yielded negative results, this trial will undoubtedly contribute to the ongoing discussions about tDCS as a treatment option for depression.

    “This is a well-designed trial of tDCS, with sample sizes comparable to those of the largest tDCS trials in the clinic.  The trial had appropriate procedures in place to mitigate potential risks of bias and the authors carefully monitored and reported on adverse events and safety.  The assessment of efficacy was not limited to clinician ratings but also included patient reported outcomes.

    “tDCS is different from electroconvulsive therapy (ECT).  ECT involves inducing a seizure and is applied under general anaesthesia.  ECT is generally reserved for the most difficult-to-treat patients when other treatment approaches have been unsuccessful.  tDCS applies mild electrical stimulation to the scalp while the patient is fully awake.”

    Prof Jonathan Roiser, Professor of Neuroscience & Mental Health, UCL, said:

    “This paper reports on a moderately large clinical trial of transcranial direct current stimulation (tDCS) for depression.  tDCS is a non-invasive brain stimulation method that has been tested in many previous depression trials – with mixed success – and involves delivering a mild electric current to a specific brain region (often, as in this study, to the prefrontal cortex, with electrodes placed on the forehead).  tDCS was delivered several times per week for 10 weeks, for half an hour each time.  In the “sham” (i.e. placebo) group, patients received only very brief stimulation to mimic the sensation of the active tDCS on the skin, in an attempt to introduce blinding.  What was relatively new in this study was the use of a commercially available device patients could use at home by themselves, with remote support from the study team.  Patients were told to use the machine five times each week for the first three weeks, reduced to three times each week for the remaining seven weeks.  Around two-thirds of the patients were taking antidepressant medication.  Some of the study investigators had a financial interest in the company that makes the tDCS device.

    “On average, both groups had quite substantial reductions in depressive symptoms (rated by the research team using a standard clinical interview) over 10 weeks.  However, there was a greater reduction in the active stimulation group, around half of whom got completely better.  This improvement was statistically better than in the sham group, around one-quarter of whom got completely better.  The size of the difference was in the small-to-moderate range, which is quite similar to trials of antidepressant medication.  The major challenge in interpreting this otherwise promising finding relates to problems with blinding: around three-quarters of the active stimulation group correctly guessed their treatment allocation, while less than half did so in the sham stimulation group.  This was probably due to minor side effects caused by the stimulation device; mostly skin redness, which occurred in nearly two-thirds of those receiving active stimulation, but also skin irritation and cognitive problems (trouble concentrating) in a small number of patients.  If there was clear skin redness on the forehead, it is possible that the researchers conducting the clinical interviews might also have also guessed the treatment allocation.  It is worth noting that a couple of the patients had more serious side effects, specifically skin burns which may have been caused by incorrect use of the device.”

    ‘Home-based transcranial direct current stimulation treatment for major depressive disorder: a fully remote phase 2 randomized sham-controlled trial’ by Rachel D. Woodham et al. was published in Nature Medicine at 16:00 UK time on Monday 21 October 2024.

    DOI: 10.1038/s41591-024-03305-y

    Declared interests

    Dr Julian Mutz: “I do not have any COIs to report.  I have co-authored publications with the senior author in the past, but have not been involved in any collaboration recently.”

    Prof Jonathan Roiser: “No interests to declare.”

    MIL OSI United Kingdom

  • MIL-OSI USA: QUIGLEY, DURBIN, DUCKWORTH ANNOUNCE MORE THAN $81 MILLION IN ADDITIONAL FEDERAL FUNDING FOR THE CREATE PROGRAM

    Source: United States House of Representatives – Representative Mike Quigley (IL-05)

    U.S. Representative Mike Quigley (D-IL-05) and U.S. Senators Dick Durbin (D-IL), and Tammy Duckworth (D-IL) announced $81,301,065 in federal funding through the U.S. Department of Transportation (DOT) INFRA (Nationally Significant Multimodal Freight & Highway Projects) Program for the Chicago Region Environmental and Transportation Efficiency (CREATE) Program, which aims to reduce traffic delays, increase rail junction safety, and improve mobility throughout Chicago.

    DOT’s INFRA Grant Program provides federal funding for large projects of regional significance and is funded through the Infrastructure Investment and Jobs Act that the lawmakers worked to pass in 2021.

    Last month, Quigley, Durbin, and Duckworth announced $209 million in federal funding for the CREATE Program through DOT’s Mega Grant Program, bringing the total with today’s announced funding to $291,179,049.

    “The CREATE Program is fundamentally changing rail operations in Chicago for both commuters and freight. Last month, we secured $209 million in funding for this program. Today’s announcement marks another significant step toward fulfilling CREATE’s mission to improve safety, alleviate congestion, and boost mobility throughout our city,” said Quigley.

    Today’s additional funding announcement is a major investment in the future of our transportation infrastructure. Chicagoans will be better connected because of the CREATE Program, which will improve the safety and quality of our rail system and roadways,” said Durbin. “Senator Duckworth, members of the Illinois Congressional Delegation, and I have long supported these investments, and I’m glad to see these federal dollars go toward improving safety and alleviating congestion in a region that desperately needs it.”

    “Investing in our transportation infrastructure is about growing our economy and making it easier, faster, safer and more efficient so people and goods can get where they need to go,” Duckworth said. “This significant federal investment in the CREATE Program—which Senator Durbin, members of the Illinois Delegation and I have been championing for years—will help us modernize our rail system for all Chicagoans while supporting good-paying South Side jobs and strengthening our region’s economy.”

    The CREATE Program brings together the City of Chicago, the State of Illinois, the U.S. Department of Transportation, Metra, Amtrak, and the nation’s freight railroads in a partnership to eliminate transit bottlenecks, boost the economy, and improve overall safety of the Chicagoland area.

    Today’s announced funding will advance the 75th Street Corridor Improvement Project, a three-mile elevated rail corridor on Chicago’s South Side, which approximately 90 freight trains and 30 Metra commuter trains use daily. The project will reconfigure track segments and signals at Belt Junction, add a third track to the Norfolk Southern line, replace and restore 14 aging bridge and viaduct structures, and implement mobility improvements on surface streets throughout the corridor.

    Quigely, Durbin, and Duckworth have long championed rail improvements, having helped secure $132 million in federal funding to begin this project in 2018.

    MIL OSI USA News

  • MIL-OSI Global: How Black music record stores shaped the sound of the UK

    Source: The Conversation – UK – By Amit Dinesh Patel, Senior Lecturer in Music and Sound, University of Greenwich

    Black music record stores have always been more than just places to buy records. These spaces became lifelines for communities, cultural hubs where people gathered, shared stories and connected over a shared passion for music.

    From the early days of the Windrush generation to the present, these stores have been a vital part of the Black cultural experience. For many, they were crucial in shaping not just their musical tastes, but their sense of identity and belonging.

    I am part of a new research project, The Record Store and Black Music: A UK History, which is aiming to shine a spotlight on this legacy by documenting the untold stories of Black record stores across the UK to preserve them for future generations. Through oral histories, films and photos, we are capturing the vibrant world that flourished within these stores.

    Trailer for an upcoming documentary created as part of the project.

    “I don’t know how, especially as Black Caribbean people, we’d have survived in England if we hadn’t had music,” Claude Hendrickson, founder of the Chapeltown Youth Association Leeds, told us. His words emphasised how deeply intertwined these spaces are with the community’s survival and cultural resistance.

    For many Black people, these stores transcended their commercial nature to offer a sense of belonging, a space where you could learn about new artists, hear the latest sounds and connect with kindred spirits. As British DJ and presenter Trevor Nelson told us: “the first community I had in music was in a record shop”. He remembered how important those early interactions with his first music community were, building connections that would shape his career.

    What made these stores even more unique was their ability to foster a network of collaboration. Record shops weren’t just about selling music; they were about creating it, too. Artists, DJs, promoters, radio stations and music journalists used these spaces as meeting points to exchange ideas, feedback and be inspired.

    As David Rodigan, a legendary figure in UK radio and reggae aficionado, explained to us: “The whole business of going to a record shop was very much an advent of gathering like-minded souls.”

    The original taste-makers

    Before the age of streaming, record stores were an essential part of how music moved and evolved. Long before algorithms suggested new tracks, the person behind the counter was the original taste-maker – someone who knew their music and their community and could help shape what you listened to next.

    In this way record stores didn’t just reflect musical trends – they helped create them. For example, shops that catered to soul, R&B, reggae, jungle, drum ‘n’ bass, UK garage, dub, hip-hop, and other Black music genres played an instrumental role in shaping the UK’s music charts. They guided the preferences of their customers and, by extension, the nation.

    In an era when mainstream radio and major record labels often ignored Black music, these stores provided a crucial alternative. They were the places where artists got their start and where word of mouth helped build careers.

    In doing so, these stores became the heart of a cottage industry that supported independent artists and labels, allowing Black people to thrive in an industry that wasn’t always welcoming or accessible.

    Our project doesn’t just celebrate the past – it also asks what these spaces mean in today’s world. Although record shops aren’t as ubiquitous as they once were, their impact on the cultural landscape remains undeniable. By documenting these stories, we ensure that the contribution of Black music stores isn’t forgotten but rather remains an integral part of the UK’s cultural heritage.

    As we continue to explore and document their history, we are reminded of their immense contribution – not only to the music industry but to the very fabric of British cultural life.



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    Developed by 2Funky Arts, this research project was made possible by the National Lottery Heritage Fund and will include the release of a documentary, book, educational resource, podcast and website. Visit https://theblackmusicrecordshop.co.uk/ to learn more.

    ref. How Black music record stores shaped the sound of the UK – https://theconversation.com/how-black-music-record-stores-shaped-the-sound-of-the-uk-241321

    MIL OSI – Global Reports

  • MIL-OSI Global: Russia’s ‘meat grinder’ tactics in Ukraine have proved effective in past wars – but at terrible cost

    Source: The Conversation – UK – By Becky Alexis-Martin, Peace Studies and International Development, University of Bradford

    Reports have emerged in recent months of particularly savage casualties among Russian troops fighting in the Donbas region of eastern Ukraine, as the Russian military bids to capture as much territory as it can, possibly with one eye on a potential ceasefire deal. Much will depend on the outcome of the US election. Donald Trump has said he will end military aid to Ukraine if elected, bringing the war to an end in “one day”.

    This could mean that Kyiv will be forced to cede Ukrainian territory along current lines of occupation. Analysts have commented that this was one of the motivations for Ukraine’s Kursk offensive inside Russia in August, since territory captured by Ukraine would be a valuable bargaining chip in negotiations.

    But meanwhile Russia’s offensive in eastern Ukraine has been particularly bloody, with US intelligence reports of casualty numbers of up to 1,000 per day, dead and wounded. This calls to mind the “meat grinder” tactics of previous Russian and Soviet military campaigns.

    The “meat grinder” is a collective battlefield approach that values high troop density and intensity to overwhelm the enemy. It is a uniquely Russian approach nine decades in the making, consisting of a combination two much older strategies, namely attrition and mass mobilisation.

    At the heart of attrition is the notion of abundance. The opponent is physically and psychologically exhausted by the sheer force of numbers, as wave after wave of cannon fodder are relentlessly deployed. Mass mobilisation is the large-scale movement of troops to a particular location with the intention of overpowering the adversary. Neither approach recognises the intrinsic value of individual lives.

    Despite being outmatched in organisation and tactics, the Russian military successfully undertook a war of attrition against Napoleon’s invasion in 1812. A century later, the Russian empire generated enormous casualties but successfully launch large-scale counterattacks during the first world war.

    The “meat grinder” became embedded in Soviet military tactics. The phrase “quantity has a quality of its own” has apocryphal roots in Stalin’s leadership during the second world war. Key battles such as Stalingrad and Kursk involved the deployment of millions of soldiers, and the Soviet army eventually crushed the Nazi blitzkrieg through sheer weight of numbers on the eastern front.

    Past victories do not guarantee future success. But – for the Russian president, Vladimir Putin, and his military planners – it seems the dead and disabled bodies of their own soldiers are necessary collateral damage. It is estimated that more than 70,000 Russian troops have died since 2022. But it has been reported that Russian casualty rates are now rising more rapidly due to its military’s increased reliance on inexperienced fighters.

    The state of the war in Ukraine, October 20 2024.
    Institute for the Study of War

    Civilian recruits now make up the greatest proportion of deaths since the invasion began. This increase is partially their lack of military knowledge in a challenging fighting environment against a highly motivated enemy. But inadequate medical care and poor quality protective kit are also important factors. The Russian state media shares carefully curated images and stories of the deceased but morale is still crashing, and military wives and mothers are rebelling.

    Ultimate sacrifice

    Putin’s meat grinder continues to expand, however. The Russian government announced plans to spend £133.8 billion on national security and defence in 2025, equivalent to 41% of annual government expenditure. All healthy men aged 18 to 30 can now be conscripted, and Russia has recently ordered a third increase in Russian troops. The recruitment of a further 180,000 soldiers will make Russia’s army the second largest in the world, with nearly 2.4 million members. Yet this army is unqualified and offers little protection for the individual soldier.

    Ukraine does not view its soldiers’ lives as disposable in the same way – and they are comparatively well trained and resourced. But the dynamic in Ukraine may be changing. The country’s president, Volodymyr Zelensky, signed new conscription laws in April 2024 that lowered the age of conscription to 25, and it has reached the point where eligible men are now being dragged away from restaurants and nightclubs by army recruiters.

    Russia’s meat-grinder tactics are not infallible and will eventually collapse. Large formations can quickly become large targets in an age of remote reconnaissance. While Russia can coerce military participation through the carrot of high wages and the stick of forced conscription, a large and unmotivated army is not well-equipped for modern warfare and will eventually produce diminishing returns.

    Even declaration of martial law in the whole of Russia – Putin introduced martial law in occupied part of Ukraine in September 2022 – would not overcome the deeply embedded structural issues Russia faces. Poor care of soldiers and veterans will generate long-term challenges in the form of disability and treatment for post-traumatic stress disorder.

    The social and cultural harms of a poor culture of care are already manifesting in Russia. Approximately 190 serious crimes have been committed by veterans upon returning home. With Putin showing no interest in peace, we can only hope that the Russian war machine burns itself out – and that the long-term consequences are not terminal.

    Becky Alexis-Martin is affiliated with the British American Security Information Council.

    ref. Russia’s ‘meat grinder’ tactics in Ukraine have proved effective in past wars – but at terrible cost – https://theconversation.com/russias-meat-grinder-tactics-in-ukraine-have-proved-effective-in-past-wars-but-at-terrible-cost-241688

    MIL OSI – Global Reports

  • MIL-OSI USA: Durbin, Duckworth, Quigley Announce More Than $81 Million In Additional Federal Funding For the CREATE Program

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    10.18.24

    CHICAGO – U.S. Senate Majority Whip Dick Durbin (D-IL), U.S. Senator Tammy Duckworth (D-IL), and U.S. Representative Mike Quigley (D-IL-05) today announced $81,301,065 in federal funding through the U.S. Department of Transportation (DOT) INFRA (Nationally Significant Multimodal Freight & Highway Projects) Program for the Chicago Region Environmental and Transportation Efficiency (CREATE) Program, which aims to reduce traffic delays, increase rail junction safety, and improve mobility throughout Chicago.

    DOT’s INFRA Grant Program provides federal funding for large projects of regional significance and is funded through the Infrastructure Investment and Jobs Act that the lawmakers worked to pass in 2021.

    Last month, Durbin, Duckworth, and Quigley announced $209 million in federal funding for the CREATE Program through DOT’s Mega Grant Program, bringing the total with today’s announced funding to $291,179,049.

    Today’s additional funding announcement is a major investment in the future of our transportation infrastructure. Chicagoans will be better connected because of the CREATE Program, which will improve the safety and quality of our rail system and roadways,” said Durbin. “Senator Duckworth, members of the Illinois Congressional Delegation, and I have long supported these investments, and I’m glad to see these federal dollars go toward improving safety and alleviating congestion in a region that desperately needs it.”

    “Investing in our transportation infrastructure is about growing our economy and making it easier, faster, safer and more efficient so people and goods can get where they need to go,” Duckworth said. “This significant federal investment in the CREATE Program—which Senator Durbin, members of the Illinois Delegation and I have been championing for years—will help us modernize our rail system for all Chicagoans while supporting good-paying South Side jobs and strengthening our region’s economy.”

    “The CREATE Program is fundamentally changing rail operations in Chicago for both commuters and freight. Last month, we secured $209 million in funding for this program. Today’s announcement marks another significant step toward fulfilling CREATE’s mission to improve safety, alleviate congestion, and boost mobility throughout our city,” said Quigley.

    The CREATE Program brings together the City of Chicago, the State of Illinois, the U.S. Department of Transportation, Metra, Amtrak, and the nation’s freight railroads in a partnership to eliminate transit bottlenecks, boost the economy, and improve overall safety of the Chicagoland area.

    Today’s announced funding will advance the 75th Street Corridor Improvement Project, a three-mile elevated rail corridor on Chicago’s South Side, which approximately 90 freight trains and 30 Metra commuter trains use daily. The project will reconfigure track segments and signals at Belt Junction, add a third track to the Norfolk Southern line, replace and restore 14 aging bridge and viaduct structures, and implement mobility improvements on surface streets throughout the corridor.

    Durbin and Duckworth have long championed rail improvements, having helped secure $132 million in federal funding to begin this project in 2018.

    -30-



    MIL OSI USA News

  • MIL-OSI United Kingdom: Arctic Circle Assembly: Minister Doughty Plenary Speech

    Source: United Kingdom – Executive Government & Departments 3

    UK Minister of State for Europe, North America and Overseas Territories outlines the UK’s commitment to the Arctic in the face of rising global challenges.

    Thank you very much. It is a genuine pleasure to be here, President Grímsson and all of you at the Arctic Circle, distinguished guests and friends across the room.

    It’s a pleasure to be here representing the new government in the United Kingdom, and it has been fantastic to be part of some fascinating discussions – yesterday following my visit with my ministerial colleague in Tromsø, at the Framsenteret in Norway, and in Oslo, and then here in Reykjavik, and meeting with many colleagues from across the Arctic region.

    I am glad of the opportunity to be able to say a few words to you about the UK’s valuable work with all of you as fellow friends of the Arctic.

    I reflect on many of my own personal relationships with people and communities across this incredible region. I have friends from Iqaluit to Nuuk, from Tromsø to Tórshavn, and here in Reykjavik too.

    I reflect back on a moment I spent as a 19-year-old in Finnish Lapland, in the Millenium New Year’s Eve, in a little cabin in the snow, in minus 25, enjoying the sauna and some skiing. 

    But like many that night, I thought a lot about the world, the future of the world in this century, my place in it and what the future might hold.

    And as I sat there amid the incredible beauty and peace, little could I have imagined how the world would look nearly a quarter of a century on.

    With Putin’s war raging on the European continent, and all of the implications that brings for regional and global security.

    And with climate change and biodiversity loss advancing at such a frightening pace, wrecking precious ecosystems and destroying livelihoods.

    And with me as the British minister responsible for Europe, North America and indeed our relations in the Polar regions, I am very conscious that I have to work with all of you to address those challenges.

    And of course that is a daunting responsibility.

    But it is also an immense privilege to hold this role and to be here with you all, united in concern and care for the Arctic, and indeed both polar regions, and determined to navigate the challenges ahead in a spirit of co-operation and respect.

    So there are three areas I wanted to focus on briefly with you today – firstly, our relationships, secondly, our shared security, and thirdly, our efforts to tackle the climate and nature crises.

    Firstly, let me confirm to you that the new UK government is putting internationalism and multilateralism at the heart of all that we do. 

    We are resetting and deepening relationships with friends in Europe and beyond – many here in this room – to better face global challenges. 

    The UK’s Arctic Policy Framework continues to guide our approach, and we continue to update and develop that, guided by science and indeed the strategic challenges that we face.

    And, as it makes clear, we are committed to the Arctic Council in our role as a State Observer, recognising that it has been at the heart of a stable and peaceful region for much of the past three decades. 

    And indeed, the Council has an important role to play in articulating a strong voice and delivering effective governance.

    It has potential to act as a multilateral ‘glue’, with the strength to bind together a fragmented world.

    So, our objectives for the Council are characterised by strong co-operation and constructive dialogue – objectives I think we all share in this room.

    And I commend Norway’s work as Chair of the Council to re-start the technical engagement in the face of the very significant geopolitical challenges.

    We will do what we can to further those efforts, as part of our commitments to the multilateral system.

    But we are of course not naïve. The security of the Arctic is clearly at risk – the impacts of Putin’s illegal war in Ukraine cannot be underestimated, let alone the wider geopolitical cooperation and competition landscape, and that will impact on all of us in this important region.

    So alongside our resolute support for Ukraine, we are working tirelessly with partners for peace, security and stability, particularly for all of those areas of Europe on what I call the flanks – including the Western Balkans, the Nordic states and beyond.

    We recognise Russia’s rights and role as an Arctic state.

    But we will not tolerate attempts to wreck regional stability, disrupt critical infrastructure or restrict freedom of navigation. 

    There is no global security without Arctic security. So, we are ready to protect and – if necessary – assert our rights.

    And on Wednesday, I was privileged to take a tour with the Norwegian Coastguard in Tromsø, to see how security threats and environmental changes are monitored in the High North.

    They have a tough job in tough conditions – and all credit to them.

    And as someone who’s participated alongside our training with Royal Marines in Northern Norway, I have huge respect for all of those who regularly brave the Arctic wilderness to ensure we are ready to protect it.

    And let me be clear that the UK’s commitment to NATO, to the Joint Expeditionary Force, the Northern Group, and the Arctic Security Forces Roundtable is ironclad, including of course our close partnership with our hosts, Iceland.

    And the NATO alliance is of particular significance to me personally. Many members of my family have served in NATO operations over many years, standing shoulder-to-shoulder with allies.

    Of course, beyond Putin’s menace, climate change and the global marine biodiversity loss that we are tragically seeing is the other immense threat that we are all discussing here looming over the Arctic.

    We are witnessing devastating impacts – on glaciers, fish stocks and weather patterns – with implications for us all.

    And we are painfully aware that global warming is driving geopolitical competition over resources beneath the ice too.

    And so that’s why my colleague, the Foreign Secretary David Lammy, made clear in his first major policy speech last month that efforts to address the climate and nature crisis are central to our new government’s work. 

    So at COP29 we will press the global community to accelerate ambition to reduce our emissions and push for an agreement on an ambitious new climate finance goal.

    And we have also seen how research to understand and assess climate change – including through the Arctic Council – has been an important basis to build collaboration. We will continue to back this.

    But we have already invested over one hundred and thirty-five million pounds in Arctic research over the last decade, including through UK centres of expertise.

    Our Royal Research Ship, Sir David Attenborough, paid its first visit to Greenland over the summer, and I was delighted to hear about their work here last night.

    That data gathered will help us understand crucial changes and their impacts on the Arctic Ocean and beyond.

    Now, our Advanced Research and Invention Agency has launched an eighty-one-million-pound call for proposals for further research around Greenland. 

    This new programme will develop an early warning system for ‘tipping points’, providing climate data of local and global importance.

    And we are committing further funds to collaborations with Arctic Council Working Groups, helping to enhance understanding of climate impacts on the livelihoods of Arctic indigenous people, including many other things.

    And I think it’s important to say here that, while we tend to focus on modern science for solutions, indigenous knowledge often holds the key to understanding and responding to the climate and nature crises, on top of the absolute necessity of working in respect and partnership with all of those communities and peoples who live in these wonderful lands, understand these lands, and steward their resources, and indeed their beauty.

    So further research will be key, and will build on our programmes, for example with Canada and the Inuit Nunangat, which is looking into climate-driven changes in that Arctic homeland, as well as impacts on health and wellbeing. I have been delighted to meet representatives of communities from across the Arctic at this fantastic conference.

    So this is just a brief flavour of our work, of our partnerships, of our hope for the future.

    But let me say in conclusion that the future of the Arctic depends on every one of us, working together, in a spirit of strong collaboration and co-operation.

    I hope that when we look back, 25 years from now, it’ll be from the perspective of a more secure, peaceful and indeed sustainable era. Not least here in the Arctic, but also globally.

    Thank you very much.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Canada: Manitoba Government Announces Plans for New Playground in Thompson

    Source: Government of Canada regional news

    Manitoba Government Announces Plans for New Playground in Thompson

    – – –
    Consultation Will Ensure Planned Playground Meets Needs of Community: Smith


    The Manitoba government is inviting Thompson residents of Manitoba Housing to provide feedback on designs for a new playground in the community by participating in consultations beginning later this month, Housing, Addictions and Homelessness Minister Bernadette Smith announced today.

    “Our government recognizes that play is a crucial part of child development that teaches kids about the world around them and helps them cultivate social skills they will carry forward for the rest of their lives,” said Smith. “I’m pleased to announce our government is investing in the future of children in Thompson by building a new playground at the housing complex. I encourage residents to share their feedback on the proposed plans to ensure they address community needs now and into the future.”

    Manitoba Housing is considering three design options for a new playground at 539 Princeton Dr., and a companion swing set and benches nearby at 8 Brandon Cres. The playground will be accessible and will feature Indigenous cultural elements. Community consultations on the new playground will begin in the coming weeks, the minister noted.

    “Thompson families want the same thing all Manitobans want, the freedom to raise a healthy family in a safe community,” said Kathy Valentino, deputy mayor, City of Thompson. The new playground reflects the values of our community and build relationships between youth and their families.”

    These in-person consultations will also be an opportunity for Manitoba Housing residents to connect with staff to ask questions and share ideas. A playground-themed colouring and drawing station will be available for children at the session, the minister added.

    Manitoba Housing owns and operates 95 rental units in Thompson. Of those, 55 units are townhouse properties designated for families, and 40 units in two apartment blocks are designated for families or tenants aged 50 and over.

    – 30 –

    MIL OSI Canada News

  • MIL-OSI Russia: Principality of Liechtenstein Becomes IMF’s 191st Member

    Source: IMF – News in Russian

    October 21, 2024

    Washington, D.C. – October 21, 2024: The Principality of Liechtenstein became a member of the IMF today when Prime Minister Daniel Risch signed the Fund’s Articles of Agreement during a ceremony in Washington D.C.

    Liechtenstein applied for IMF membership in May 2023 (See Press Release 23/190). Subsequently, an IMF team visited Vaduz during November 27-December 8, 2023 (See Press Release 23/430). The principality’s decision to join the IMF was confirmed by a majority in a national referendum conducted on September 22, 2024. The initial quota[1] for Liechtenstein is SDR 100 million (about US$134.7 million). 

    After the signing ceremony, IMF Managing Director Kristalina Georgieva met with Prime Minister Daniel Risch at IMF headquarters and issued the following statement:

    “I am delighted to welcome Liechtenstein as the 191st member of our global IMF community. This membership signifies Liechtenstein’s commitment to upholding the highest standards of economic policy and cooperation on the international stage. The IMF will work closely with the authorities to support Liechtenstein’s efforts toward sustainable growth and further integration into the global economy.” 

    “Liechtenstein is joining the IMF at a time when our members and the global economy are navigating greater uncertainty and long-term challenges such as economic fragmentation and climate change. This accession reaffirms the important role entrusted to the IMF in fostering global economic cooperation and stability. Together, we will build a more inclusive and sustainable economic future for all members.”

    Prime Minister Daniel Risch added: “The Government is very pleased that Liechtenstein was able to join the IMF as the 191st member, this Monday, October 21. As a small country with limited administrative resources, we reflect carefully before joining international organizations, evaluating not only the consequences and benefits of what the organization can bring us – but also what we can bring to the organization ourselves. Liechtenstein will be a committed and dedicated member of the Fund. We’re looking forward to engaging constructively to advance international economic resilience and stability.”

    [1] A member’s quota in the IMF determines its capital subscription, voting power, access to IMF financing, and allocation of SDRs.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Eva-Maria Graf

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/21/pr-24387-liechtenstein-principality-of-liechtenstein-becomes-imfs-191st-member

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: 2024 American Women Quarters Rolls and Bags™ Honoring Zitkala-Ša on Sale October 28

    Source: United States Mint

    WASHINGTON – The United States Mint (Mint) 2024 American Women Quarters rolls and bags honoring Zitkala-Ša will be available for purchase on October 28 at noon EDT. The Zitkala-Ša quarter is the 15th coin in the American Women Quarters™ Program, a four-year program that celebrates the accomplishments and contributions made by women who have shaped our Nation’s history and helped pave the way for generations that followed.

    The rolls and bags product options include:

    • Priced at $45.00, a bag of 100 circulating quality quarters minted in Philadelphia (product code 24WBJ)
    • Priced at $45.00, a bag of 100 circulating quality quarters minted in Denver (product code 24WBK)
    • Priced at $40.00, a two-roll set containing a total of 80 circulating quality quarters minted in Philadelphia and Denver (product code 24WRJ)
    • Priced at $60.00, a three-roll set containing a total of 120 circulating quality quarters minted in Philadelphia, Denver, and San Francisco (product code 24WRK)

    Orders for the 100-coin bags are limited to 10 per household on the first day, while orders for the two-roll and three-roll sets are limited to three per household on the first day.

    Sign up to receive “Remind Me” alerts by visiting the official product listing page.

    Because of overwhelming demand, much of the production of the three-roll sets is accounted for through subscription. A limited quantity will be available for purchase on October 28 at noon EDT.

    The American Women Quarters rolls and bags are available for purchase through the Mint’s Product Subscription Program. These subscriptions work like a magazine subscription. After you sign up, you will receive the next product released in the series and continue to receive products until you end your subscription. Visit our subscriptions page to learn more.

    The American Women Quarters will also be available at the Mint’s sales centers at the Philadelphia Mint, 151 N. Independence Mall East, Philadelphia, PA 19106 (on 5th Street between Arch Street and Race Street); the Denver Mint, 320 West Colfax Avenue, Denver, CO 80204 (on Cherokee Street, between West Colfax Avenue and West 14th Avenue); and the Mint Headquarters Coin Store in Washington, D.C., 801 9th St. NW, Washington, DC 20220.

    The reverse (tails) depicts Zitkala-Ša in traditional Yankton Sioux dress. She is holding a book, which represents her work as an author as well as her successful activism for Native American rights. Behind her, a stylized sun represents her work on The Sun Dance Opera, while a cardinal symbolizes her name, which translates to “Red Bird.” A Yankton Sioux-inspired diamond pattern sits underneath the sun. Inscriptions are “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “AUTHOR,” “ACTIVIST,” “COMPOSER,” “25 CENTS,” and “ZITKALA-ŠA.” Artistic Infusion Program (AIP) Designer Don Everhart created the design, which Mint Medallic Artist Renata Gordon sculpted.

    Each coin in this series features a common obverse (heads) design depicting a portrait of George Washington. This design was originally composed and sculpted by Laura Gardin Fraser as a candidate entry for the 1932 quarter, which honored the bicentennial of George Washington’s birth. The inscriptions are “LIBERTY,” “IN GOD WE TRUST,” and “2024.”

    Launched in 2022, and continuing through 2025, the Mint is issuing five new quarter dollar reverse designs each year. The American Women Quarters Program is authorized by the Circulating Collectible Coin Redesign Act of 2020 (Public Law 116-330).

    Inspire women everywhere. Shop the American Women Quarters Program today and start collecting this historic series honoring extraordinary women whose achievements, triumphs, and legacies reflect the strength and resilience of our Nation.

    The groundbreaking American Women Quarters Program is an excellent way to remind future generations what can be accomplished with vision, determination, and a desire to improve opportunities for all. Subscribe to the program today to ensure fulfillment of your favorite product through 2025.

    Please use the United States Mint catalog site at https://catalog.usmint.gov/ as your primary source of the most current information on product and service status or call 1-800-USA-MINT (872-6468). Hearing and speech impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468).

    About the United States Mint
    Congress created the United States Mint in 1792, and the Mint became part of the Department of the Treasury in 1873. As the Nation’s sole manufacturer of legal tender coinage, the Mint is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; silver and bronze medals; and silver and gold bullion coins. Its numismatic programs are self-sustaining and operate at no cost to taxpayers.

    Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept, nor honor orders placed prior to the official on-sale date of October 28, 2024, at noon EDT. 

    MIL OSI USA News

  • MIL-OSI United Kingdom: IPO campaign highlights dangers of counterfeit vehicle parts  

    Source: United Kingdom – Executive Government & Departments

    The campaign focuses on the serious risks these goods pose, warning that ‘Fake Always Breaks’ .

    • the Intellectual Property Office has launched a new national awareness campaign warning of the dangers of buying counterfeit vehicle parts
    • the ‘Fake Always Breaks’ campaign highlights to consumers and the motor trade that counterfeits are more likely to fail and endanger road users, putting lives at risk
    • safety-critical items such as tyres, wheels, airbags and brakes are among the most commonly-purchased fake items
    • the campaign has been developed in partnership with the motoring industry

    The Intellectual Property Office (IPO) has launched its latest national awareness campaign, warning consumers of the dangers of purchasing counterfeit vehicle parts.

    Organisation for Economic Co-operation and Development (OECD) research estimated that counterfeit vehicle parts imported to the UK were worth almost £1billion in 2016.  

    Driving home a clear message that ‘Fake Always Breaks’, the IPO’s new campaign alerts drivers to the life-threatening dangers such counterfeits pose. These include  items such as brakes, headlights and air bags.

    A survey conducted for the IPO has revealed that one in six motorists who responded said they had bought a counterfeit part in the past 12 months alone.

    The campaign highlights how counterfeit vehicle parts are not subject to the same rigorous testing as legitimate products.  It signposts new guidance advice for consumers and the motoring industry published by the IPO on how to spot and report a fake, developed in partnership with the motoring industry.

    The campaign shows that many of the most commonly-purchased counterfeit car parts in the UK pose significant safety concerns if faulty. These include car batteries (bought by 25% of motorists who admit to buying counterfeit parts), tyres/wheels (23%) and windscreen wipers (19%). 14% of motorists who have purchased fake car parts bought counterfeit airbags, while over a tenth (12%) bought fake brake pads or discs.

    Although many purchases are made unknowingly, almost three fifths (58%) of motorists responding to a survey said they did so knowing  the part was counterfeit.

    The survey also found that getting parts for a lower price was a significant factor among those intentionally buying a fake part, with three in ten (31%) citing cost savings as a reason.

    A third (34%) of motorists who admitted to buying fake parts said they did so because they felt there was no discernible difference in appearance (34%).

    Responses also suggest that such purchases made unknowingly are often uncovered at a later stage. More than two in five motorists (45%) who bought a fake that they thought was genuine, found out through their garage after the part faulted, with 30% becoming aware during routine service checks.

    The campaign is being supported by a range of organisations in the automotive industry and vehicle repair and servicing sectors. These include the Independent Automotive Aftermarket Federation and the Independent Garage Association.

    Vehicle manufacturers including Mercedes Benz, and law enforcement bodies such as the City of London Police’s Intellectual Property Crime Unit (PIPCU), are also involved in the campaign.  It brings targeted social media and industry voices together  to deliver an awareness message that will resonate, and help consumers make informed choices.  

    Miles Rees, IPO Deputy Director of Enforcement  said: 

    This is a serious campaign with a very serious message.  We want to raise awareness that the trade in counterfeit vehicle parts not only harms legitimate traders while enriching criminals, but can also lead to life-changing or life-ending consequences for road users.

    Working with our partners, we’re highlighting that such illicit goods are not subject to safety tests, and are likely to be made using vastly inferior materials.  This puts them at increased risk of failure, with potentially devastating results. 

    Our ‘Fake Always Breaks’ campaign seeks to arm motorists and the vehicle repair and servicing industries with the awareness they need to help spot a fake, avoid the risks and report sellers . It reinforces a clear message that – as with all counterfeiting and piracy – this is anything but a victimless crime.

    Stuart James, Chief Executive Officer at the Independent Garage Association (IGA) said:

    We are pleased to support the IPO’s campaign that aims to raise awareness of the severe safety risks that counterfeit vehicle parts pose to all road users.

    Garages should ensure that they avoid using customer supplied parts and fit parts from trusted suppliers and reputable vehicle parts distributors. This practice not only enhances the safety of vehicles but also reassures customers that all components meet the required specifications.

    We actively encourage any garage that identifies counterfeit parts to report them through the various channels highlighted in the IPO advice. Together, we can combat this issue and contribute to safer roads for all.

    Detective Chief Inspector Emma Warbey, from the Police Intellectual Property Crime Unit (PIPCU), at City of London Police, said:

    Counterfeiting safety-critical car components like tyres, wheels, airbags and brakes demonstrates the lengths that criminals will go to make money and their disregard for the safety of the people who will end up using these products.

    Our officers recently seized 500 counterfeit car airbags, which could have put motorists at risk, during an operation in east London. Fake airbags aren’t manufactured to industry standards, so there’s a real possibility that they won’t inflate during a road traffic collision, or will deploy in error.

    We know that the offer of a good deal can be enticing, but it’s vital to know how to spot the signs of a counterfeit car part and to buy from a reputable seller.

    The campaign builds on previous consumer campaign activities undertaken by the IPO since the publication of its ambitious 5-year counter-infringement strategy, as the office continues to deliver on its commitments to raise public understanding, and ultimately respect, for IP rights.  

    Notes to editor: 

    1. A core strand of IPO’s Counter Infringement Strategy is to raise awareness and understanding of IP crime and infringement and the risks surrounding it.

    2. The IPO regularly commissions research into topics relating to the infringement of intellectual property rights, including Social Media Influencers research published last year, regular reports include the Online Copyright Infringement and Physical Goods Tracker reports. The rese  arch underpinning this campaign is found in the most recent Physical Goods Tracker report.

    3. OECD source: Trade in Counterfeit Products and the UK Economy, 2019 Update

    New guidance has been published by the IPO to consumers and industry.  

    4. Counterfeit vehicle parts are unauthorised copies of a genuine branded part being it an (OEM) part supplied by car manufacturers or aftermarket parts. An aftermarket part is anything not supplied by a vehicle manufacturer under their own brand name. Criminals target both categories. Counterfeit parts are usually made from inferior materials and are not safety-tested, increasing the risk of failure.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Canada: Inquest Into the Death of Kristin Grant

    Source: Government of Canada regional news

    Released on October 21, 2024

    A public inquest into the death of Kristan Grant will be held November 18 to 22, 2024, at the Kenosee Inn, 100 Kenosee Drive, in Kenosee.

    The first day of the inquest is scheduled to begin at 10 a.m. Subsequent start times will be determined by the presiding coroner.

    Grant, 36, called police regarding a complaint with people in her house on November 8, 2021 at approximately 20:57 hours. RCMP members responded, found her agitated and noted some injuries present on her body. While the RCMP members attempted to calm her down, she became more agitated. The RCMP members deemed she was becoming a danger to herself, put her in handcuffs and placed her in the back seat of the police car to await for EMS to arrive. Upon arrival of a first responder, Kristin Grant became unresponsive and life saving measures were initiated. EMS arrived and continued resuscitation on route to the Kipling Hospital. She was pronounced deceased by an attending physician at the hospital at 02:29 hours on November 9, 2021.

    Section 20 of The Coroners Act, 1999 states that the Chief Coroner shall hold an inquest into the death of a person who dies while an inmate at a jail or a correctional facility, unless the coroner is satisfied that the person’s death was due entirely to natural causes and was not preventable.

    The Saskatchewan Coroners Service is responsible for the investigation of all sudden, unexpected deaths. The purpose of an inquest is to establish who died, when and where that person died and the medical cause and manner of death. The coroner’s jury may make recommendations to prevent similar deaths.

    Coroner William Davern will preside at the inquest.

    -30-

    For more information, contact:

    MIL OSI Canada News

  • MIL-OSI USA: Rep. Jim Costa Announces $98 Million for Tulare’s State Route 99

    Source: United States House of Representatives – Congressman Jim Costa Representing 16th District of California

    FRESNO, Calif. – Congressman Jim Costa (CA-21) announced $98 million to widen State Route 99 in Tulare County at the Paige Avenue multimodal interchange, relieving traffic congestion for San Joaquin Valley drivers. This funding comes from the U.S. Department of Transportation’s Nationally Significant Multimodal Freight & Highway Projects (INFRA) grant program and is significantly strengthened by the Bipartisan Infrastructure Law.

    “Thanks to the support of the Bipartisan Infrastructure Law, we are taking significant steps toward creating a more efficient and reliable transportation network for our community,” said Rep. Jim Costa. “This vital funding will directly benefit the people of Tulare County by reducing traffic congestion and improving access to local businesses and essential services.”

     “This $98.4 million in federal funding will support dramatic improvement to Highway 99 in the City of Tulare, finally widening this section to six lanes to improve safety and reduce congestion. Highway 99 has been the most dangerous road in America for years, but we are changing that by working with our partners throughout the Valley,” said TCAG Chairman and City of Woodlake Mayor Rudy Mendoza. “We competed for this funding against projects from across the nation and could not have been successful without the support of the Valley’s home team in Congress, Congressmen David Valadao, Jim Costa, and Vince Fong. Our Congressional delegation has gone to bat for the Valley time and time again, and this funding is another demonstration of their effectiveness.”

    BACKGROUND
    The California Department of Transportation (CalTrans) will utilize this funding to expand about 5.4 miles of freeway from four to six lanes, adding one lane in each direction.

    The project will also reconstruct four ramps to form a cohesive multimodal interchange that includes roundabouts at the ends of the ramps and nearby intersections. Furthermore, the funding will help build 10-foot-wide shared-use paths on both sides of Paige Avenue, creating an east-west corridor for different modes of transportation.

    Learn more about the project HERE.

    MIL OSI USA News

  • MIL-OSI United Kingdom: Chair of the Police and NCA Pay Review Bodies reappointed

    Source: United Kingdom – Executive Government & Departments

    The Prime Minister has reappointed Zoë Billingham as the Chair of the Police and NCA Pay Review Bodies.

    Photo: Getty Images

    The Prime Minister has reappointed Zoë Billingham as Chair of the Police Remuneration Review Body (PRRB) and the National Crime Agency Remuneration Review Body (NCARRB). This will be Zoë’s second term in the role. She will be in the role for 3 years starting 13 January 2025. This reappointment was made in line with the Governance Code on Public Appointments.

    Zoë has spent much of her career inspecting public services to promote improvement. Serving as Her Majesty’s Inspector of Constabulary and Fire and Rescue for 12 years, she shone a light on all aspects of policing and created the new fire inspectorate. She led the inspectorate’s national work on value for money, mental health and protecting the most vulnerable.

    Zoë is Chair of Norfolk and Suffolk NHS Foundation Trust. She is also a trustee of SafeLives, a national domestic abuse charity, and a member of the Transport for London Board.

    The PRRB makes independent recommendations concerning the pay, allowances and conditions of police officers to the Home Secretary and the Northern Ireland Minister of Justice.

    The NCARRB makes independent recommendations to the government on the pay and allowances of NCA officers designated with operational powers.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Canada: Statement from Families Minister Nahanni Fontaine, Minister Responsible for Gender Equity, on International Day of the Girl

    Source: Government of Canada regional news

    Statement from Families Minister Nahanni Fontaine, Minister Responsible for Gender Equity, on International Day of the Girl


    Today is International Day of the Girl – a day we acknowledge the rights of girls and the unique challenges they face including barriers to education, food insecurity, forced child marriage, female genital mutilation, sexual violence and access to legal and medical rights.

    Girls and gender-diverse youth are disproportionately impacted by the rising tide of political instability, violence, climate change, economic inequality, child sex human trafficking and all the devastating armed conflicts we see across the world.

    The world’s conflicts and wars – whether in the Congo, Haiti, Chad, Ukraine, Gaza, Sudan or elsewhere – are fought at the expense of girls: their rights, their bodies, their education, their futures and their very lives.

    The ongoing climate crisis also exacerbates these issues, with girls often being the first to lose access to vital resources like food and water, making them more vulnerable to exploitation and abuse.

    Despite these immense challenges, girls and gender-diverse youth continue to lead the way in creating positive change. Whether in their families, their communities, their nations or beyond, they are standing up as advocates, innovators and leaders, often at great personal risk.

    I know so many incredible girls and gender-diverse youth, and they continue to inspire me with their courage, resilience and determination. These are smart, fierce and brave young citizens who not only stand strong in the face of adversity but envision a world where equality, justice and opportunity are within reach for all.

    What we want for girls in Manitoba, we want for girls around the world: a safe and nurturing environment, connection to communities caring for them, access to quality health care and education, and the freedom to pursue their dreams.

    We must continuously speak and stand up for girls here at home and across the world. We must be unapologetically relentless in building an equitable world.

    To all girls in Manitoba, and beyond, your dreams and ideas are powerful. You are strong and beyond capable. You are transformative agents of change. You deserve every opportunity.

    Don’t be afraid to lead, to speak up, take up space and to make your indelible mark on the world.

    You are the future!

    – 30 –

    MIL OSI Canada News

  • MIL-OSI Security: New Orleans Man Sentenced for Cocaine Distribution and Possession Conspiracy

    Source: Federal Bureau of Investigation (FBI) State Crime News

    NEW ORLEANS, LOUISIANA – DAVID HESTER (“HESTER”), age 35, a resident of New Orleans, was sentenced on October 16, 2024 after previously pleading guilty to conspiracy to distribute and, possess with intent to distribute, five hundred grams or more of cocaine hydrochloride, in violation of Title 21, United States Code, Sections 841(a)(1), 841(b)(1)(B), and 846.  HESTER was sentenced to eighty-eight (88) months imprisonment, four (4) years of supervised release, and a $100 mandatory special assessment fee.

    According to court documents, HESTER, and other co-conspirators, are responsible for the distribution of multi-kilogram quantities of cocaine, fentanyl, and heroin within the Eastern District of Louisiana.

    During the investigation, law enforcement, led by the Drug Enforcement Administration, seized seventy- one (71) kilograms of cocaine hydrochloride, twelve (12) kilograms of fentanyl, four and a half (4.5) kilograms of heroin, and nearly $1,200,000.00 in U.S. Currency and other seized property.

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation.  OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    This investigation was led by the Drug Enforcement Administration – New Orleans Field Division Office and was assisted by the Federal Bureau of Investigation, the United States Border Patrol, the Gretna Major Crimes Task Force, the Kenner Police Department, the Jefferson Parish Sheriff’s Office, the St. John’s Parish Sheriff’s Office, the Orleans Parish Sheriff’s Office, and the New Orleans Police Department.  The prosecution was handled by Assistant United States Attorney Lynn E. Schiffman of the Narcotics Unit.

    MIL Security OSI

  • MIL-OSI United Kingdom: No such thing as a ‘normal family’

    Source: City of York

    This year’s National Adoption Week highlights all kinds of adoption journeys.

    City of York Council and One Adoption North and Humber, the regional adoption agency for the York, North Yorkshire and the Humber, are supporting this year’s National Adoption Week (21-27 October). 

    This year’s campaign hopes to increase understanding of modern adoption, the diversity of adoption journeys today and show that ‘the journey to a family is not always a traditional one’.

    The campaign will show prospective adopters that they are not alone, by highlighting the ‘village’ that makes every journey unique – from social workers and foster carers to birth families and grandparents – who help support and navigate the journey along the way.  

    A new survey by You Can Adopt exploring changing attitudes to family life, reveals that in Yorkshire and the Humber, 66 per cent of participants said there’s no such thing as a ‘normal’ family, with nearly half (48%) of people questioned describing themselves as having a ‘chosen family’ and 51 per cent saying they come from a ‘non-traditional’ family structure themselves (such as blended, extended, adoptive, or single parent). 

    This comes as new adoption data shows that in England, there has been a 22 per cent increase in the number of children with a plan for adoption not yet matched with an adoptive family, alongside a fall in the number of adopters coming forward.

    In the North and Humber region there are currently 46 children waiting for their forever home and more than half are part of a group of brothers and sisters. With fewer potential adopters coming forward – believed to largely be a result of the cost-of-living crisis – this means that nearly half (47 per cent) of all children face delays of over 18 months to be placed with an adoptive family.

    Tom Maxwell, Head of Agency at One Adoption North and Humber said: 

    National Adoption Week is always a fantastic opportunity to celebrate and raise the profile of adoption across the country.

    “Adoption is a life-changing journey that enriches not only the lives of children but also the families who welcome them. 

    “Here at One Adoption North and Humber we have 46 children currently in our care who are waiting for their forever home. We urgently need adopters who are ready to embrace the unique bond of adopting siblings, older children and children with diverse needs. Every adoption story is different, shaped by the people who make it possible. 

    “Modern adoption is about creating new beginnings, celebrating diversity, and building families in ways that are as unique as the children themselves. By stepping forward, you’re opening your heart to the incredible joy and love adoption brings. We look forward to hearing from anyone who is interested in adopting with us.” 

    Cllr Bob Webb, City of York Council’s Executive Member for Children and Young People, said:

    National Adoption Week is a great opportunity for us to shine a light on the pivotal role that adoption has in creating, and growing families across the region.

    “We’re always looking for families from all backgrounds who can offer a permanent, caring, forever home to children. I’d urge anyone who’s considering adoption to get in touch or attend one of the regular information events.”

    Rachel, who features in the film alongside her two-year-old adopted daughter Winnie, father Daniel and social worker Becky, said:

    You have an idea in your head of what family looks like, and for us it’s been different, but even more wonderful in different ways.

    “For me, it’s really important that Winnie has a sense of herself and her identity – that she understands that not only do all families look different, but she has more than one family, and that’s OK.” 

    In support of the campaign, train companies across the country including Hull Trains and Avanti are encouraging more people to start their own adoption journey. From offering free tickets for adoptive families, to changing digital signage at train stations, rail companies are rallying behind the cause in support of everybody who is part of an adoptive family or considering embarking on their own adoption journey

    To find out more about adoption or starting your adoption journey with One Adoption North and Humber, visit their website

    One Adoption North and Humber will be holding an online adoption information event during National Adoption Week on Wednesday 23 October between 6pm and 7pm, where the adoption team and an adoptive parent will be on hand to answer your questions. For more information and to book your place, please visit the One Adoption event page.

    To find out more about adopting with One Adoption North and Humber visit the One Adoption website or call 0345 305 2576.

    MIL OSI United Kingdom

  • MIL-OSI: Rubis: Transactions carried out within the framework of the share buyback programme (excluding transactions within the liquidity agreement) – 14 to 18 October 2024

    Source: GlobeNewswire (MIL-OSI)

    Paris, 21 October 2024, 06:00pm

    Issuer Name: Rubis (LEI: 969500MGFIKUGLTC9742)
    Category of securities: Ordinary shares (ISIN: FR0013269123)
    Period: From 14 to 18 October 2024

    In accordance with the authorisation granted by the Ordinary Shareholders’ Meeting held on 11 June 2024 to implement a share buyback programme, the Company operated, between 14 and 18 October 2024, the purchases of its own shares in view of their cancelation presented below.

    Aggregate presentation per day and per market

    Name of issuer Identification code of issuer (Legal Entity Identifier) Day of transaction Identification code of financial instrument Aggregated daily volume
    (in number of shares)
    Daily weighted average price of the purchased shares* Market (MIC Code)
    RUBIS 969500MGFIKUGLTC9742 14/10/2024 FR0013269123 2,931 25.1214 AQEU
    RUBIS 969500MGFIKUGLTC9742 14/10/2024 FR0013269123 19,209 25.2339 CEUX
    RUBIS 969500MGFIKUGLTC9742 14/10/2024 FR0013269123 3,736 25.0963 TQEX
    RUBIS 969500MGFIKUGLTC9742 14/10/2024 FR0013269123 33,694 25.0730 XPAR
    RUBIS 969500MGFIKUGLTC9742 15/10/2024 FR0013269123 3,426 24.9295 AQEU
    RUBIS 969500MGFIKUGLTC9742 15/10/2024 FR0013269123 18,686 24.9241 CEUX
    RUBIS 969500MGFIKUGLTC9742 15/10/2024 FR0013269123 3,322 24.8144 TQEX
    RUBIS 969500MGFIKUGLTC9742 15/10/2024 FR0013269123 34,624 24.8668 XPAR
    RUBIS 969500MGFIKUGLTC9742 16/10/2024 FR0013269123 1,623 24.9580 AQEU
    RUBIS 969500MGFIKUGLTC9742 16/10/2024 FR0013269123 18,815 24.8383 CEUX
    RUBIS 969500MGFIKUGLTC9742 16/10/2024 FR0013269123 1,768 24.8737 TQEX
    RUBIS 969500MGFIKUGLTC9742 16/10/2024 FR0013269123 36,185 24.9009 XPAR
    RUBIS 969500MGFIKUGLTC9742 17/10/2024 FR0013269123 12,705 25.0118 CEUX
    RUBIS 969500MGFIKUGLTC9742 17/10/2024 FR0013269123 36,792 25.0143 XPAR
    RUBIS 969500MGFIKUGLTC9742 18/10/2024 FR0013269123 1,028 25.2043 AQEU
    RUBIS 969500MGFIKUGLTC9742 18/10/2024 FR0013269123 13,424 25.1421 CEUX
    RUBIS 969500MGFIKUGLTC9742 18/10/2024 FR0013269123 205 25.2200 TQEX
    RUBIS 969500MGFIKUGLTC9742 18/10/2024 FR0013269123 34,473 25.1522 XPAR
    * Four-digit rounding after the decimal TOTAL 276,646 25.0070  

    Detailed presentation per transaction

    Detailed information on the transactions carried out from 14 to 18 October 2024 is available on the Company’s website (http://www.rubis.fr) in the section “Investors – Regulated information – Share buyback programme”.

      Contact
      RUBIS – Legal Department
      Tel. : + 33 (0)1 44 17 95 95

    Attachment

    The MIL Network

  • MIL-OSI Economics: Samsung Health App Update Makes Accessing Health Records, Managing Medications and Food Tracking Easier

    Source: Samsung

    Samsung is committed to empowering users’ health routines with a seamlessly connected ecosystem of personalized wellness experiences. Samsung Health makes this possible by bringing together fragmented health data into a consolidated platform, enabling users to easily monitor their wellbeing.
    To further this mission, Samsung Health now offers expanded health management capabilities1, enabling users to easily access their health records, effectively manage medications, and track their daily food intake with convenience – all through the latest Samsung Health app update available starting today. To bring these advancements to life, Samsung has partnered with industry leading companies specializing in health data integration, medications tracking, and food barcode scanning, optimizing the experience in select markets.
    Manage Health Record from a Single, Secure Place

    With a new Health Records feature2, users can easily access medical records from clinics, hospitals, and major health networks — all in the Samsung Health app. Samsung has partnered with b.well Connected Health, a platform that consolidates the largest electronic medical record (EMR) systems in the United States. including athenahealth, Cerner Health, Epic Systems and Veradigm®. The Health Records feature guides users toward preventative care by offering meaningful insights and alerts that suggest next steps, such as recommending medical tests or actions. By offering a holistic view of their health history ─ including vaccination and prescription records, past hospital visits, and even specific test results ─ users can more effectively communicate with their healthcare providers by having their important medical details at their fingertips.
    Advanced Medications Tracking Expands to More Users

    Launched in the U.S. last year, the Medications tracking feature3 has allowed users to easily keep a record of medications, and access relevant tips and information including general descriptions, potential side effects, and warnings about drug interactions or food-related reactions. The feature is one of the most frequently used among Samsung Health app users in the U.S., with around two-thirds returning to manage their medications at least three times per week. Through the latest update, the Medications tracking feature allows more users to easily manage their medications with expanded functionalities and availability. With the visual search, users can easily add medications to their personal medication list by simply scanning the pill bottle with their phone camera. They can also check adherence levels and easily monitor medication progress, including details on dosage schedules or a missed dose, through an intuitive dashboard.

    Medications tracking feature is also expanding to South Korea and India, forging strategic initiatives with leading regional partners to offer insightful information to even more users. In the U.S., through its partnership with Elsevier, a globally recognized healthcare data hub, the Samsung Health app also provides warnings for over 960 types of allergies and potential reactions to medications. In Korea, with Korea Pharmaceutical Information Center (KPIC), an authoritative institute under the Korean Pharmaceutical Association, users can receive warnings about medications to avoid during pregnancy. Plus, in India, through a collaboration with Tata 1mg, India’s leading digital consumer healthcare platform, users can not only receive reminders to refill medications, but conveniently do so online when needed.
    Effortlessly Monitor Food Intake with Barcode Scanning

    It is essential to monitor one’s daily dietary intake and establish healthy eating habits. Barcode scanning has now been added to the Food tracker in Samsung Health, making it even easier to log food details such as names, calories and nutrition facts. In partnership with fatsecret, one of the largest global providers of verified food and nutrition data, users can simply scan food barcodes to receive necessary nutritional information automatically in the app. The feature will first be available in the U.S. and select European countries, including France, Germany, Italy, the Netherlands and Poland, and expand to additional markets in the future.
    Samsung is dedicated to shaping the future of comprehensive health management and continuously optimize wearable technology to bring smarter, more personalized solutions for everyday wellness. These advancements strengthen the foundation of Samsung’s digital health platform, and with other innovations, deliver more meaningful and impactful experiences globally.

    MIL OSI Economics

  • MIL-OSI United Kingdom: UK infrastructure companies visit Costa Rica to explore opportunities

    Source: United Kingdom – Executive Government & Departments

    British Embassy officials facilitated meetings with key stakeholders in the infrastructure sector.

    Representatives of five British companies travelled to Costa Rica this week to participate in an infrastructure mission focused on identifying business opportunities and generating strategic alliances with potential partners in Costa Rica.

    Representatives from Arup, Bechtel, QGMI, Steer Group and WSP, world-renowned for their expertise in engineering, construction, mobility solutions, and design and implementation of infrastructure projects, among other services, held meetings with Congresswoman Carolina Delgado, Secretary of the Infrastructure Commission of the Legislative Assembly, and with officials from the National Concessions Council (CNC), the Ministry of Public Works and Transport (MOPT) and the firm Arias Law.

    They also spoke with officials from institutions like the Ministry of National Planning and Economic Policy (MIDEPLAN), the Costa Rican Electricity Institute (ICE) and the Ministry of Foreign Trade (COMEX) at a reception at the Residence of the British Ambassador, Ben Lyster-Binns.

    At these meetings, the British companies explored opportunities to strengthen their presence in the country, learning more about Costa Rica’s aspirations to update and expand infrastructure projects at the highest international standards.

    Ambassador Ben Lyster-Binns noted:

    The companies that visited us this week are among the leaders in their respective fields and represent the best of what the UK has to offer in the infrastructure sector, from urban planning to sustainable transport projects to designing future-proof cities.

    They are also committed to implementing innovative solutions that support the UK Government’s clean growth agenda.

    The topic of public-private partnerships (PPPs) was of particular interest, since, according to the Embassy’s Director for Business and Trade, Camila Toscana:

    this model provides an opportunity to develop infrastructure projects that are of key importance for Costa Rica’s sustainable growth and to improve the quality of life of the citizens.

    Many of the companies that took part in the mission have offices in the Latin American region, so their interest in the Costa Rican market represents a natural step in expanding their regional presence, offering quality solutions that comply with international best practices.

    The delegation finalized the mission meeting with representatives of CoST, the Infrastructure Transparency Initiative, financed by the UK Government, which promotes transparency and accountability in public infrastructure projects.

    Updates to this page

    Published 21 October 2024

    MIL OSI United Kingdom

  • MIL-OSI USA: Congressman Mfume, Team Maryland Announce More Than $38 Million for Critical Transportation & Port Infrastructure Projects in Baltimore

    Source: United States House of Representatives – Congressman Kweisi Mfume (MD-07)

    WASHINGTON, D.C. – U.S. Congressman Congressman Kweisi Mfume, Senators Ben Cardin and Chris Van Hollen, Governor Wes Moore (all D-Md.), and Maryland Transportation Secretary Paul J. Wiedefeldtoday announced $38,406,076 in U.S. Department of Transportation awards to rehabilitate the Dundalk Marine Terminal and the Curtis Creek Drawbridge. This investment will improve vital infrastructure at and around the Port of Baltimore, which is critical to Maryland’s economy.

    “This monumental federal investment is a transformative display of the continued unity among us in Team Maryland to deliver for all of those who have been personally affected by the collapse of the Francis Scott Key Bridge and continue to navigate the recovery alongside us. After speaking with so many of those impacted, I was and remain inspired by their grit, fierceness, and commitment to getting through this disaster together,” said Congressman Kweisi Mfume.

    “With these grants, the federal government is recognizing that Baltimore is home to nationally significant supply chain infrastructure that is overdue for investment and improvement. We are seeing once again how the Biden-Harris Administration’s historic Infrastructure Investment and Jobs Act is delivering for Maryland, and we will continue to push for federal commitments to our infrastructure, including the rebuilding of the Francis Scott Key Bridge,” said Senator Cardin. 

    “Through the Infrastructure Investment and Jobs Act, we continue to deliver historic resources to upgrade everything from our transportation network to the Port of Baltimore. With these major federal investments, we are priming the Port for future growth – while sustaining the thousands of jobs it already supports – and modernizing an essential bridge for commuting and commerce. These efforts will help drive Baltimore’s economic success and create more good paying jobs for Marylanders,” said Senator Van Hollen.

    “These two projects reinforce the Moore-Miller Administration’s commitment to making Maryland more competitive by investing in our critical infrastructure, including our world-class Port of Baltimore,” said Governor Moore. “We are grateful for the partnership from the Biden-Harris Administration, the U.S. Department of Transportation and our Congressional delegation in supporting projects that will serve all Marylanders and help expand our growing economy.”

    “Together, these federal grants will support increased economic growth at the Port of Baltimore and the greater Baltimore region,” said Secretary Wiedefeld. “The funding will support critical rehabilitation efforts at the Dundalk Martine Terminal, the largest publicly owned terminal in the Port, and the Curtis Creek Drawbridge on I-695.  Thank you to our federal delegation and partners for their continued commitment in rebuilding Baltimore’s infrastructure better than before.”

    “Thanks to the Bipartisan Infrastructure Law, the Biden-Harris administration is carrying out ambitious, complex transportation projects that will shape our country’s infrastructure for generations to come,” said U.S. Transportation Secretary Pete Buttigieg. “With this latest round of awards, dozens of major and much-needed projects – projects that are often difficult to fund through other means – are getting the long-awaited investment they need to move forward.”

    The funding was awarded by the U.S. Department of Transportation’s Infrastructure for Rebuilding America Grant Program (INFRA), which has administered historic levels of federal investments through the Infrastructure Investment and Jobs Act.

    1. $30,906,076, Dundalk Marine Terminal: Awarded to the Maryland Port Administration to reconstruct Berth 11, consisting of the rehabilitation and replacement of 597 linear feet of wharf deck including pilings, substructure, storm water drainage, utilities, and installation of new mooring bollards, cleats, pneumatic fenders, flood barriers, and tidal gates.

    1. $7,500,000, Curtis Creek Drawbridge Rehabilitation: Awarded to the Maryland Transportation Authority to rehabilitate parallel drawbridges over Curtis Creek on I-695. The project will replace portions of the reinforced concrete deck, perform repairs to the exposed steel superstructure and existing catwalks, remove and replace bridge parapets, traffic lights, and low-level lights, and install new electrical service systems, drainage systems, and pavement markings.

    The Infrastructure for Rebuilding America Grant Program provides funding for multimodal freight and highway projects of national or regional significance to improve the safety, efficiency, and reliability of the movement of freight and people in and across rural and urban areas. 

    ###

    MIL OSI USA News

  • MIL-OSI Security: FBI Seeks Information on Fatal Shooting of Carlos Honable in Stockton, California

    Source: Federal Bureau of Investigation (FBI) State Crime News

    SACRAMENTO—The FBI is seeking information leading to the identification, arrest, and conviction of those responsible for the homicide of Carlos Honable, who was fatally shot on July 5, 2024.

    A ‘Seeking Information’ poster, which contains images of the suspect vehicle and a sketch of one of the vehicle’s occupants, is below. These visuals, products of the collaborative investigation with the Stockton Police Department, are intended to aid in solving this homicide and seeking justice for the victim.

    On July 5, 2024, at approximately 5:30 p.m., officers with the Stockton Police Department responded to a report of a person shot on the 3800 block of Fairburn Way. The investigation revealed that a 31-year-old male victim was sitting inside his parked vehicle when the suspect vehicle, a gray Toyota Camry (2018 model or newer), pulled up next to him. Occupants of the vehicle fired at the victim, striking him numerous times, before fleeing the scene. The victim, Carlos Honable, was transported to a local hospital but succumbed to his injuries.

    Investigators produced a sketch of one of the vehicle’s occupants based on the information gathered during the investigation. The individual is described as a young Black male, approximately 5’6″, with a thin build, weighing between 120 and 140 pounds. He was reportedly wearing a gray hooded sweatshirt and dark-colored jeans at the time of the incident. He is considered armed and dangerous.

    If you have any information about this homicide and/or the occupants of the Toyota Camry, please contact the FBI Sacramento Field Office by calling 916-746-7000. You may also submit information online at tips.fbi.gov. You may remain anonymous.

    Link to FBI’s Most Wanted Release: FBI Seeks Information on Fatal Shooting of Carlos Honable in Stockton, California

    MIL Security OSI

  • MIL-OSI Security: Avon, New York, Police Trainee Charged with Attempted Kidnapping, Cyberstalking, and Multiple Child Pornography Charges

    Source: Federal Bureau of Investigation (FBI) State Crime News

    ROCHESTER, N.Y.-U.S. Attorney Trini E. Ross announced today that Casey Medina, 33, of Rochester, NY, was charged by criminal complaint with attempted kidnapping, distribution, receipt, and possession of child pornography, cyberstalking, and aiding and abetting. The charges carry a minimum penalty of five years in prison and a maximum of 20 years.

    Assistant U.S. Attorney Katelyn M. Hartford, who is handling the case, stated that in May 2024, the Onondaga County, NY, Sheriff’s Office was contacted by a 31-year-old female (victim), who reported that she had been receiving text messages from unknown numbers that included photographs depicting her face superimposed on various pornographic images made to appear as if she had been engaging in sexual acts. In addition, the victim reported being threatened by the unknown numbers, including being kidnapped, raped, sexually abused and/or killed. In August 2024, the victim indicated to investigators that the text messages in May occurred over the course of approximately 26 days, and, after short break, continued sporadically through June and July 2024. The victim stated that the messages were becoming very concerning, and she had no idea who they were coming from.

    Also in August 2024, law enforcement received a tip from an individual that he had communicated with another individual with username “crcdal” via social media. The other individual, later identified as Medina, was looking for someone to help to harass the victim. Medina provided the individual with the victim’s personal information, including her place of employment, home address, personal cell phone number, and a variety of photos. The individual provided law enforcement with several screenshots of communications with Medina, which included discussions of abducting, drugging, and raping the victim. An undercover law enforcement officer then began communicating with Media online, during which they also discussed abducting, drugging, and raping the victim.

    On August 22, 2024, Medina was an Avon Police Department trainee, and was arrested by the Onondaga County Sheriff’s Office at the Rural Police Training Academy in Livingston County on multiple state charges. Investigators executed a search warrant on Medina’s cell phone and recovered the communications discussing the abduction, drugging, and raping of the victim as well as images and videos of child pornography that Medina shared online.

    The complaint is the culmination of an investigation by the Onondaga County, NY, Sheriff’s Office, under the direction of Sheriff Tobias Shelley, and the Federal Bureau of Investigation, under the direction of Special Agent-in-Charge Matthew Miraglia.          

    The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.

    # # # #

    MIL Security OSI

  • MIL-OSI China: Chinese peacekeepers to Lebanon to further strengthen security defense capability: Defense Spokesperson 2024-10-15 China is seriously concerned and strongly condemns the Israeli military’s attack on the United Nations Interim Force In Lebanon (UNIFIL), said Chinese Defense Spokesperson Senior Colonel Wu Qian at a press briefing on Tuesday.

    Source: People’s Republic of China – Ministry of National Defense 2

      Senior Colonel Wu Qian, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers recent media queries concerning the military on the afternoon of October 15, 2024. (mod.gov.cn/Photo by He Youwen)

      BEIJING, Oct. 15 — China is seriously concerned and strongly condemns the Israeli military’s attack on the United Nations Interim Force In Lebanon (UNIFIL), said Chinese Defense Spokesperson Senior Colonel Wu Qian at a press briefing on Tuesday.

      “The UNIFIL carries out its peacekeeping mission in accordance with the mandate of the UN Security Council resolution. China firmly opposes any attack on UN peacekeepers,” said the spokesperson when asked to comment on the recent attack launched by the Israel Defense Force on the UNIFIL.

      “We require a thorough investigation on the incident, and demand that those involved be held accountable. We urge relevant parties to take real actions to prevent such incident from happening again,” said the spokesperson, adding that the parties involved in the conflict must ensure the safety of the personnel and assets of the UNIFIL.

      “The Chinese peacekeeping troops to Lebanon are safe now. China is closely monitoring the security situation in Lebanon, and will take measures to further strengthen the Chinese peacekeeping troops’ security defense capability,” said the spokesperson.

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    MIL OSI China News

  • MIL-OSI: Volta Finance Limited – Net Asset Value(s) as at 30 September 2024

    Source: GlobeNewswire (MIL-OSI)

    Volta Finance Limited (VTA / VTAS)
    September 2024 monthly report

    NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES

    Guernsey, October 21st, 2024

    AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for September 2024. The full report is attached to this release and will be available on Volta’s website shortly (http://www.voltafinance.com).

    Performance and Portfolio Activity

    Dear investors,

    Volta Finance recorded a net performance of +2.3% in September bringing the year-to-date return to +13.5%. This positive performance is built on the strong performance of its CLO equity investments through the month, Volta being almost fully invested in CLO Equity and debt tranches.

    Markets found some momentum in September on the back of a rather constructive macro backdrop. In Europe, inflation headline numbers dropped to 1.8% YoY and were below the 2% target for the first time in almost three years. Core inflation also came in lower and beat estimates with 2.7% YoY, opening the door for further cut rates possibly as early as October. In the US, the Fed implemented a 50bp rate cut by mid-month while the US flash PMIs showed economic resilience at 54.4 (vs. 54.3 expected).

    Credit markets were relatively stable despite some volatility intra-month, High Yield indices in Europe (Xover) were marginally wider following the index’s roll in the +315bps context while the US CDX High-Yield one settled at c. +330bps (+8bps MoM). On the Loan side, Euro Loans closed 25 cents down at c. 97.60px (Morningstar European Leveraged Loan Index), their US counterparts were trading flat at 96.70px.

    Primary CLO markets remained extremely busy once again, we recorded circa USD 42bn of issuance in the US and EUR 7bn in Europe. Spreads moved sideways across the capital structure with AAAs pricing +130bps context and non-Investment Grade BB-rated tranches at +600bps in Europe (inside +550 for top tier US bonds).

    Looking at fundamentals, both US and European default rates were roughly unchanged at 0.80% while the proportion of CCC-rated Loans within CLO collateral portfolios was slightly lower at 5.4% in US CLOs and slightly higher at 3.7% in Europe, while Loan repayment rates were stable at 26% in the US (-2% YoY growth rate of the Loan market) and 14% in Europe (+6% YoY growth). .

    Volta Finance’s activity over the month was focused on CLO Equity. $7mm of USCLO Equity were purchased as well as tickets of c. €1.4m in a Reset and €2.0mm in Secondary. Also, 2 transactions in which Volta is invested were reset through the month generating mark-to-market gains for Volta in addition to the strong distribution generated by the closing of one European CLO warehouse.

    CLO debt investments performed in excess of their carry, driven by some spread compression. Overall, the cashflow generation over the last 6 months remained strong at c.€30m equivalent of interests and coupons, representing c.23% of the month’s NAV on an annualized basis.

    Volta’s underlying sub asset classes monthly performances** were as follow: +1.1% for Bank Balance Sheet transactions, +4.1% for CLO Equity tranches, +1.4% for CLO Debt tranches and 0.0% for Cash Corporate Credit & ABS***, cash representing c.4% of NAV. The fund being c.26% exposed to USD, the depreciation of USD vs EUR had a negative impact of -0.2% on the overall performance.

    As of end of September 2024, Volta’s NAV was €261.9m, i.e. €7.16 per share.

    *It should be noted that approximately 0.44% of Volta’s GAV comprises investments for which the relevant NAVs as at the month-end date are normally available only after Volta’s NAV has already been published. Volta’s policy is to publish its NAV on as timely a basis as possible to provide shareholders with Volta’s appropriately up-to-date NAV information. Consequently, such investments are valued using the most recently available NAV for each fund or quoted price for such subordinated notes. The most recently available fund NAV or quoted price was 0.24% as at 31 August 2024, 0.20% as at 31 July 2024.

    ** “performances” of asset classes are calculated as the Dietz-performance of the assets in each bucket, taking into account the Mark-to-Market of the assets at period ends, payments received from the assets over the period, and ignoring changes in cross-currency rates. Nevertheless, some residual currency effects could impact the aggregate value of the portfolio when aggregating each bucket.
    *** The cash Corporate Credit and ABS bucket is currently made of 3 legacy assets representing 0.6% of GAV.

    CONTACTS

    For the Investment Manager
    AXA Investment Managers Paris
    François Touati
    francois.touati@axa-im.com
    +33 (0) 1 44 45 80 22

    Olivier Pons
    Olivier.pons@axa-im.com
    +33 (0) 1 44 45 87 30

    Company Secretary and Administrator
    BNP Paribas S.A, Guernsey Branch
    guernsey.bp2s.volta.cosec@bnpparibas.com 
    +44 (0) 1481 750 853

    Corporate Broker
    Cavendish Securities plc
    Andrew Worne
    Daniel Balabanoff
    +44 (0) 20 7397 8900

    *****
    ABOUT VOLTA FINANCE LIMITED

    Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange’s Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.

    Volta’s Investment objectives are to preserve its capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis. The Company currently seeks to achieve its investment objectives by pursuing exposure predominantly to CLO’s and similar asset classes. A more diversified investment strategy across structured finance assets may be pursued opportunistically. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.

    *****

    ABOUT AXA INVESTMENT MANAGERS
    AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with 2,700 professionals and €844 billion in assets under management as of the end of December 2023.  

    *****

    This press release is published by AXA Investment Managers Paris (“AXA IM”), in its capacity as alternative investment fund manager (within the meaning of Directive 2011/61/EU, the “AIFM Directive”) of Volta Finance Limited (the “Volta Finance”) whose portfolio is managed by AXA IM.

    This press release is for information only and does not constitute an invitation or inducement to acquire shares in Volta Finance. Its circulation may be prohibited in certain jurisdictions and no recipient may circulate copies of this document in breach of such limitations or restrictions. This document is not an offer for sale of the securities referred to herein in the United States or to persons who are “U.S. persons” for purposes of Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or otherwise in circumstances where such offer would be restricted by applicable law. Such securities may not be sold in the United States absent registration or an exemption from registration from the Securities Act. Volta Finance does not intend to register any portion of the offer of such securities in the United States or to conduct a public offering of such securities in the United States.

    *****

    This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). The securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Past performance cannot be relied on as a guide to future performance.

    *****
    This press release contains statements that are, or may deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “anticipated”, “expects”, “intends”, “is/are expected”, “may”, “will” or “should”. They include the statements regarding the level of the dividend, the current market context and its impact on the long-term return of Volta Finance’s investments. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. Volta Finance’s actual results, portfolio composition and performance may differ materially from the impression created by the forward-looking statements. AXA IM does not undertake any obligation to publicly update or revise forward-looking statements.

    Any target information is based on certain assumptions as to future events which may not prove to be realised. Due to the uncertainty surrounding these future events, the targets are not intended to be and should not be regarded as profits or earnings or any other type of forecasts. There can be no assurance that any of these targets will be achieved. In addition, no assurance can be given that the investment objective will be achieved.

    The figures provided that relate to past months or years and past performance cannot be relied on as a guide to future performance or construed as a reliable indicator as to future performance. Throughout this review, the citation of specific trades or strategies is intended to illustrate some of the investment methodologies and philosophies of Volta Finance, as implemented by AXA IM. The historical success or AXA IM’s belief in the future success, of any of these trades or strategies is not indicative of, and has no bearing on, future results.

    The valuation of financial assets can vary significantly from the prices that the AXA IM could obtain if it sought to liquidate the positions on behalf of the Volta Finance due to market conditions and general economic environment. Such valuations do not constitute a fairness or similar opinion and should not be regarded as such.

    Editor: AXA INVESTMENT MANAGERS PARIS, a company incorporated under the laws of France, having its registered office located at Tour Majunga, 6, Place de la Pyramide – 92800 Puteaux. AXA IMP is authorized by the Autorité des Marchés Financiers under registration number GP92008 as an alternative investment fund manager within the meaning of the AIFM Directive.

    *****

    Attachment

    The MIL Network

  • MIL-OSI: Bitget Announces the Listing of Scroll (SCR) in the Innovation, Zk and Layer2 Zone

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Oct. 21, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, announced the listing of Scroll (SCR) in its Innovation, Zk and Layer2 Zone. This listing will now make SCR tokens available on spot. Deposits are currently open, and trading will be available starting on October 22, 2024, at 08:00 (UTC), following the conclusion of pre-market trading that began in September. The available trading pairs include SCR/USDT and SCR/EUR.

    Scroll is a security-focused scaling solution for Ethereum, using innovations in scaling design and zero knowledge proofs to build a new layer on Ethereum. Scroll presents a solution for developers seeking to leverage the security and decentralization of Ethereum without the limitations of its base layer. With its focus on scalability, affordability, and developer experience, Scroll contributes to the growth and evolution of blockchain technology.

    The SCR token plays a crucial role in Scroll’s ecosystem, marking a key milestone toward the platform’s decentralization. With a total supply of 1 billion tokens, SCR supports governance, proof generation, and sequencing within the Scroll ecosystem.

    Bitget previously listed the SCR token in its Pre-market on September 20, enabling users to make early investments before the coin is listed on major exchanges. Currently, SCR is trading at 1.42 USDT in the Bitget Pre-market, with total trading volume approaching 2 million USDT. The SCR Pre-market will close prior to the launch of spot trading on Bitget, with deliveries occurring a few hours afterwards.

    To celebrate the Scroll’s listing, Bitget is launching a special 7-day promotion. During this limited-time offer, users can purchase SCR using credit or debit cards with 0% fees. This promotion covers over 140 currencies, including EUR, GBP, AUD, TWD, UZS, UAH, TRY, THB, BRL, PLN, IDR, PHP, CAD, and more.

    This listing is part of Bitget’s broader strategy to expand beyond derivatives and include a diverse range of coins, granting exceptional access to different digital assets within the industry. The platform’s Innovation Zones have been pivotal in offering users early access to emerging tokens, enhancing their exposure in the cryptospace. The inclusion of SCR in Bitget’s innovation zone makes it easier for users to dive into the initial launch phases of the token including more upcoming crypto projects.

    In 2024, Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in a variety of projects, the platform is now one of the top 10 crypto spot trading platforms with over 800 coins and over 900 pairs, including tokens from ecosystems such as TON, Ethereum, Solana, Base and more.

    For more information on SCR tokens, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading, AI bot and other trading solutions. Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including being the Official Crypto Partner of the World’s Top Professional Football League, LALIGA, in EASTERN, SEA and LATAM, as well as a global partner of Olympic Athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

    For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

    Contact

    PR team

    media@bitget.com

    The MIL Network

  • MIL-OSI USA: Schakowsky, Warren, Welch Push to Increase Funding for Medical Research, Require Law-Breaking Drug Companies to Reinvest in NIH and FDA

    Source: United States House of Representatives – Congresswoman Jan Schakowsky (9th District of Illinois)

    Bill applies to pharmaceutical companies who are found guilty or are accused of breaking the law and settle with the federal government.

    Full Text of Bill (PDF) | One Pager (PDF)

    EVANSTON – U.S. Representative Jan Schakowsky (IL-09), along with U.S. Senators Elizabeth Warren (D-MA) and Peter Welch (D-VT) introduced the Medical Innovation Act of 2024 to increase funding for medical innovation by requiring large pharmaceutical companies that are accused of breaking the law and settle with the federal government to reinvest a percentage of their profits into the National Institutes of Health (NIH) and the U.S. Food and Drug Administration (FDA).

    In 2023, the NIH only had funds for 23% of the applications it received, contributing to a huge medical innovation gap. At the same time, pharmaceutical companies have been accused of defrauding Medicare and Medicaid, marketing drugs for unapproved uses, illegally incentivizing doctors to prescribe drugs, lying about the safety of their drugs, and violating other criminal and civil laws. The companies have settled many of these claims with the federal government, treating the fines as a cost of doing business. Most recently, Teva Pharmaceuticals agreed to pay the Justice Department $450 million to settle a set of lawsuits alleging that the company defrauded Medicare and conspired with other drug-makers to illegally inflate the prices of two generic drugs.

    Between 2019 and October 2024, the Department of Justice pursued new actions against or settled cases with at least 40 pharmaceutical companies. 

    The Medical Innovation Act would: 

    • Require pharmaceutical companies accused of breaking the law to reinvest a small percentage of their profits in NIH and FDA. These payments would increase with the severity of the settlement penalty, and would only be required of companies that rely on federally-funded research to develop billion-dollar, “blockbuster” drugs.  
    • Invest in life-saving medical innovation through the NIH and FDA. Payments collected through this bill would be used to develop treatments and diagnostics to address unmet medical needs; support research grants for early career scientists; research diseases that disproportionately contribute to federal health care spending; and advance basic biomedical research, among other uses.
    • Promote sustained investments in biomedical research. To ensure that the Act results in a net increase in funding for medical research, money from the supplemental settlement fees would only be available in years that annual appropriations for NIH and FDA are equal to or greater than appropriations for the agencies in the prior fiscal year.   

    “For too long, drug companies that rely on federally-funded research to develop their blockbuster drugs have gotten away with defrauding consumers and taxpayers,” said Congresswoman Jan Schakowsky. “The Medical Innovation Act would make it more difficult for these drug companies to game the system by requiring them to provide a share of their profits to increase investments in biomedical research at the National Institutes of Health and the Food and Drug Administration. We can continue to be a leading force in medical innovation and this legislation will help ensure that we have the means to cure diseases and save lives.” 

    “Big Pharma shouldn’t be able to defraud the federal government and get away with just a slap on the wrist,” said Senator Elizabeth Warren. “This bill will help us save lives by ensuring giant drug companies that enter into settlement agreements with the federal government chip in to fund the next generation of medical research.”

    “The Medical Innovation Act is a commonsense way to advance more medical research by holding shady pharmaceutical companies accountable when they break the law,” said Senator Peter Welch. “I led this bill as a member of the House and am fighting today with my colleagues Senator Warren and Representative Schakowsky to maintain America’s leadership in biomedical science.”

    This bill is endorsed by the following organizations: National Women’s Health Network, AIDS United, University of Massachusetts Medical School, Society of Behavioral Medicine, Families USA, Public Citizen, and Massachusetts Medical Society. 

    “The Medical Innovation Act reinvests in vital research. This legislation is a crucial step toward holding the pharmaceutical industry accountable while ensuring that taxpayer-funded research leads to tangible advancements in health. With women historically underrepresented in clinical trials, it’s imperative that we close the innovation gap. The Network thanks Senator Elizabeth Warren for her leadership on this issue and we are hopeful that together, we can create a healthier future for all women,” said Denise Hyater-Lindenmuth, Executive Director, National Women’s Health Network.

    ###

    MIL OSI USA News

  • MIL-OSI New Zealand: Homicide investigation following death of Baby Ru reaches one year mark

    Source: New Zealand Police (District News)

    Today marks the one year anniversary of the death of an infant in Lower Hutt who has come to be known as Baby Ru.

    This was a callous homicide in which the victim was a defenceless child, and we are determined to get justice for Baby Ru and provide closure for his whānau and the wider community.

    There has been a dedicated Police investigation team working tirelessly through a huge amount of evidence for a year now.

    This work is incredibly painstaking, and meticulous care must be made to ensure all information is recorded and nothing important is missed.

    We believe that the people who know what happened to Baby Ru must surely have it weighing on their conscience.

    We urge you – lighten your load, do the right thing, and tell us what you know.

    We continue to thank everyone who has contacted Police with information and we will continue to investigate every possible lead and piece of information we receive, no matter how small.

    If you can assist with our enquiries please contact Police via 105 online reporting quoting file number 231022/1708, or anonymously through Crimestoppers.

    ENDS

    Issued by Police Media Centre

    Note to Media: photo of Baby Ru has been provided by Ru’s whānau

    MIL OSI New Zealand News

  • MIL-OSI Economics: Digitorial_Elevate Your Everyday Moments with the Samsung Galaxy Z Series

    Source: Samsung

    The mobile industry continues to evolve rapidly, introducing new trends and technologies that shape our lives, and Samsung has redefined what is possible from a smartphone by pioneering the foldables category. Samsung’s best foldables yet meet the unique needs of every user and now enhanced by the power of Galaxy AI, they deliver an experience like never before.
     
    If you’re looking for a device that turns ordinary moments into extraordinary ones, the Galaxy Z Series is your ultimate companion. With the Galaxy Z Fold6 and Galaxy Z Flip6, Samsung has ushered in a new era of mobile technology, driven by Galaxy AI features that enhance everyday interactions, how you work, create, and stay entertained. With the powerful on-device and cloud-based AI, users can enjoy intuitive experiences while keeping their personal information secure.
     

     
    Seamless searching experience – imagine you’re at a café, enjoying your favourite drink, and you spot an interesting book on a nearby table. With the Circle to Search feature, simply take a picture of the book cover, circle it on your screen, and the Galaxy Z Series will instantly fetch relevant information, reviews, and even nearby bookstores that sell it. A feature that brings a new level of convenience, allowing you to explore and connect with your surroundings effortlessly.
     

     
    Galaxy AI has also enhanced barrier-free communication on the Galaxy Z Series. Travelling abroad? The Interpreter feature[1] is a game-changer. Just point your camera at a menu or a street sign, and the Galaxy Z Fold6 or Z Flip6 will translate the text in real time, making your travel experience smoother and more enjoyable. No more fumbling with translation apps or struggling to communicate; the world is now at your fingertips.
     
    The Galaxy Z Series is your passport to communication, working as your personal interpreter. Thanks to Galaxy AI’s Interpreter, you can translate live conversations to remove language barriers using either dual screen or listening mode for easy understanding, whether having a one-on-one conversation or listening during a lecture.
     

     
    The Galaxy Z Fold6 is also a gaming powerhouse that promises to elevate your experience to new heights with its impressive features and collaborations with top game developers. You can game harder and longer with a powerful 4400 mAh battery and the large 7.6-inch screen, which offers up to 2,600nit brightness for vivid graphics supported by Ray Tracing for more immersive gaming.
     
    The foldable form factor brings a whole new way of interacting with your device, and the S Pen gives you quick access to new Smart select and Sketch to image features, ensuring fast and easy drawing, writing and translating to expand the S Pen experience.
     
    These are just some of the ways the new foldables can make your life easier. Samsung’s Galaxy Z Series is not just about innovation; it’s also about aesthetic appeal and durability. With a sleek design featuring a straight edge and symmetrical construction, the Galaxy Z Fold6 and Z Flip6 are the slimmest and lightest Galaxy Z Series smartphones yet. The new cover screen ratio on the Galaxy Z Fold6 offers a more natural bar-type viewing experience and better grip when folded, making it comfortable to use and carry.
     
    Moreover, Samsung has engineered the most durable Galaxy Z Series yet, equipped with a Dual Rail Hinge and strengthened Folding Edge for enhanced resistance to physical impact. The improved layers on the main screen help minimise the visibility of the crease, ensuring a smoother visual experience. With an Armor Aluminum frame and Corning® Gorilla® Glass Victus® 2, these devices are built to withstand the rigors of daily life.
     
    Switching to the Galaxy Z Series has never been easier. Buy now and get up to 15% off the Galaxy Buds3 and/or Watch7, plus 50% off additional covers[2]. (terms and conditions apply). Until 30 September 2024, trade in your qualifying device and enjoy up to R15 000 off your new Galaxy Z Fold6 or Z Flip6[3]. Plus, until 31 October 2024, you can protect your device with a one-year Samsung Care+ protection plan

    MIL OSI Economics

  • MIL-OSI Economics: Samsung Care+ for the Galaxy Z Fold6 & Z Flip6: Your New Device, Protected

    Source: Samsung

    With the much anticipated Samsung Galaxy Z Fold6 and Z Flip6 now in stores, it’s reasonable for shoppers to expect an enhanced level of care tailored to the unique needs of foldable devices.
     
    The Standard Samsung Care+ plan offers essential protection for your Samsung Galaxy device, including one claim within a year, coverage for both the inner and outer screen in case of damage, eligibility for battery replacement upon claim (subject to inspection), and repairs conducted by Samsung-authorized technicians using genuine Samsung parts.
     
    Save R1000: Pay only R999 for 1 year screen protection
    To provide customers with unparalleled peace of mind, Samsung is offering a significant discount on its Samsung Care+ plan for a limited time. From July 10-to-31 October 2024, Samsung Galaxy Z Fold6 and Z Flip6 owners can purchase a 12-month Standard Samsung Care+ plan for just R999, representing a substantial R1000 saving on the regular R1999 price. This offer is only valid for 30 days from the date of purchase. To activate, visit https://www.samsung.com/za/offer/samsung-care-plus/.
     
    Customers can also opt for the Premium Samsung Care+ plan, offering expanded coverage beyond the Standard plan. This includes additional protection for the screen, motherboard, liquid damage, and battery replacement (subject to repair inspection). Customers have the flexibility to choose between a two or three-year plan and can select from either a one-time or monthly payment option, starting from R169 per month.
     

     
    Buy the Samsung Galaxy Z Fold6 and Z Flip6 now and get an accessories voucher of up to R2000 (Terms and Conditions apply). Additionally, you could receive up to R15 000 when you trade in your qualifying device towards the purchase of your new Galaxy Z Fold6 or Z Flip6.
     
     

    MIL OSI Economics