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Category: Transport

  • MIL-OSI New Zealand: Lane blocked, Remutaka Hill

    Source: New Zealand Police (District News)

    Motorists heading over the Remutaka Hill are advised that a bus has broken-down in the westbound lane, just west of the summit.

    Police were notified about 4:20pm.

    There are no injuries but traffic is building up on both sides.

    Motorists are asked to expect delays and delay their travel if possible.

    ENDS

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI: Defiance ETFs Announces Monthly Distributions on $QQQY (65.47%) $JEPY (49.19%) $IWMY (72.57%) $SPYT (20.02%) $USOY (48.25%) $QQQT (20.02%)

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Sept. 30, 2024 (GLOBE NEWSWIRE) —

    09-30-2024 Distributions
    Ex & Record Date 10/1/2024. Payable on 10/3/2024.

    • QQQY – Nasdaq 100 Enhanced Options & 0DTE Income ETF. 65.47% distribution rate.* $1.9935/share.
    • WDTE (formerly JEPY) – S&P 500 Enhanced Options & 0DTE Income ETF. 49.19% distribution rate. $1.8085/share.
    • IWMY – R2000 Enhanced Options & 0DTE Income ETF. 72.57% distribution rate. $2.2389/share.
    • SPYT – S&P 500 Income Target ETF. 20.02% distribution rate. $0.3338/share.
    • USOY – Oil Enhanced Options Income ETF. 48.25% distribution rate. $0.6106/share.
    • QQQT – Nasdaq 100 Income Target ETF. 20.02% distribution rate. $0.3220/share.

    As of 08/31/2024 The 30-Day SEC Yield** for QQQY is 3.80%, JEPY is 3.91%, IWMY is 3.81%, SPYT is 0.51%, USOY is 4.30%, and QQQT is -0.13%

    New Income Strategy: Weekly Distributions

    We’re excited to announce that QQQY, WDTE (formerly JEPY), and IWMY now target weekly distributions. The first weekly declaration for these funds will occur on 10/9/2024. The full distribution schedule can be found on each fund page of the http://www.defianceetfs.com website.

    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling 833.333.9383.

    QQQY Inception Date: 9/13/2023. Click here for QQQY Standardized Performance. WDTE Inception Date: 9/18/2023. Click here for WDTE Standardized Performance. IWMY Inception Date: 10/30/2023. Click here for IWMY Standardized Performance. SPYT Inception Date: 03/07/2024. Click here for SPYT Standardized Performance. USOY Inception Date: 05/09/2024. Click here for USOY Standardized Performance. QQQT Inception Date: 06/20/2024. Click here for QQQT Standardized Performance.

    Distributions from the ETFs include the following estimated return of capital per the 9/5/2024 19-a1 Notice: Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF, ticker QQQY 59.83%; Defiance S&P 500 Enhanced Options & 0DTE Income ETF, ticker WDTE 48.27%; Defiance R2000 Enhanced Options & 0DTE Income ETF, ticker IWMY 77.80%; Defiance S&P 500 Income Target ETF, ticker SPYT 87.66%; Defiance Oil Enhanced Options Income ETF, ticker USOY 91.06%; Defiance Nasdaq 100 Income Target ETF, ticker QQQT 100.00%

    Defiance Shifts to Weekly Distributions and Name Changes for the 0DTE Income ETF Suite, effective Sept 26th, 2024. Also effective Sept 26th is JEPY ticker change to WDTE. Read more here.

    The Gross Expense Ratio for QQQT is 1.05%, QQQY, WDTE, IWMY, and USOY is 0.99%, and SPYT is 0.94%.

    Click here for the QQQY Prospectus.
    Click here for the WDTE Prospectus.
    Click here for the IWMY Prospectus.
    Click here for the SPYT Prospectus.
    Click here for the USOY Prospectus.
    Click here for the QQQT Prospectus.

    * The Distribution Rate is the estimated payout an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions are not guaranteed.

    ** The Distribution Rate and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant. The distribution may include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease a fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These distribution rates caused by unusually favorable market conditions may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future. Additional fund risks can be found below.

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 833.333.9383. Read the prospectus or summary prospectus carefully before investing.

    IMPORTANT RISK INFORMATION

    Investing involves risk. Principal loss is possible. As an ETF, the funds may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

    QQQY and QQQT Index Overview: The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization. This makes it a large-cap index, meaning its constituents have a high market value, often in the billions of dollars. The Index includes companies from various industries but is heavily weighted towards the technology sector. This reflects the Nasdaq’s historic strength as a listing venue for tech companies. Other sectors represented include consumer discretionary, health care, communication services, and industrials, among others.

    WDTE & SPYT Index Overview: The S&P 500 Index is a widely recognized benchmark index that tracks the performance of 500 of the largest U.S.-based companies listed on the New York Stock Exchange or Nasdaq. These companies represent approximately 80% of the total U.S. equities market by capitalization, making it a large-cap index.

    IWMY Index Overview: The Russell 2000 Index is a widely recognized benchmark index that tracks the performance of approximately 2000 small-cap companies in the United States. These are the smallest companies listed in the Russell 3000 Index, representing about 10% of that index’s total market capitalization.

    QQQY Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, the Sub-Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization. This makes it a large-cap index, meaning its constituents have a high market value, often in the billions of dollars.

    WDTE Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, the Sub-Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

    ​IWMY Indirect Investment Risk: The Index is not affiliated with the Trust, the Fund, the Adviser, the Sub-Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

    An Investment in the Fund is not an investment in the Index, nor is the Fund an investment in a traditional passively managed index fund.

    Index Trading Risk. The trading price of the Index may be highly volatile and could continue to be subject to wide fluctuations in response to various factors. The stock market in general has experienced extreme price and volume fluctuations that have often been unrelated or disproportionate to the operating performance of companies.

    S&P 500 Index Risks: The Index, which includes a broad swath of large U.S. companies, is primarily exposed to overall economic and market conditions. Recession, inflation, and changes in interest rates can significantly impact the index’s performance. Furthermore, despite its diverse representation, a downturn in a major sector such as technology or financials could notably affect the index. Geopolitical risks and unexpected global events, like pandemics, can introduce volatility and uncertainty.

    The Nasdaq 100 Index Risks: The Index’s major risks stem from its high concentration in the technology sector and significant exposure to high-growth, high valuation companies. A downturn in the tech industry, whether from regulatory changes, shifts in technology, or competitive pressures, can greatly impact the index. It’s also vulnerable to geopolitical risks due to many constituent companies having substantial international operations. Since many of these tech companies often trade at high valuations, a shift in investor sentiment could lead to significant price declines.

    The Russell 2000 Index Risks: The Index, which includes a broad swath of large U.S. companies, is primarily exposed to overall economic and market conditions. Recession, inflation, and changes in interest rates can significantly impact the index’s performance. Furthermore, despite its diverse representation, a downturn in a major sector such as technology or financials could notably affect the index. Geopolitical risks and unexpected global events, like pandemics, can introduce volatility and uncertainty.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of in-the-money put option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the Index over the Call Period (typically, one day, but may range up to one week). This means that if the Index experiences an increase in value above the strike price of the sold put options during a Call Period, the Fund will likely not experience that increase to the same extent and may significantly underperform the Index over the Call Period. Additionally, because the Fund is limited in the degree to which it will participate in increases in value experienced by the Index over each Call Period, but has full exposure to any decreases in value experienced by the Index over the Call Period, the NAV of the Fund may decrease over any given time period.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current monthly income. There is no assurance that the Fund will make a distribution in any given month. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

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

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil. This risks greater for the Fund as it will hold options contracts on a single security, and not a broader range of options contracts.

    Fixed Income Securities Risk: The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to changes in an issuer’s credit rating or market perceptions about the creditworthiness of an issuer. Generally fixed income securities decrease in value if interest rates rise and increase in value if interest rates fall, and longer-term and lower rated securities are more volatile than shorter- term and higher rated securities.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”).

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”). The Fund Administrator is Tidal ETF Services LLC. The investment sub-adviser is ZEGA Financial, LLC (“ZEGA” or the “Sub-Adviser”).

    Defiance ETFs are distributed by Foreside Fund Services, LLC.

    David Hanono
    Defiance ETFs
    +1 833-333-9383

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e034b5c1-e346-4c0c-ab39-ee49a8ded830

    The MIL Network –

    January 23, 2025
  • MIL-OSI New Zealand: Foreign Minister completes successful week of international engagements

    Source: New Zealand Government

    Foreign Minister Winston Peters today wrapped up a week of high-level engagements at the United Nations in New York and in Papeete, French Polynesia.

    “Our visit to New York was about demonstrating New Zealand’s unwavering support for an international system based on rules and respect for the UN Charter, as articulated by then Prime Minister Peter Fraser at the UN’s founding on behalf of New Zealand people,” Mr Peters says.

    “The UN Security Council remains at the centre of the international peace and security system. Our bid for a seat on the Security Council for the 2039-40 term is both important and necessary. As a small state and country of the Pacific, we look forward to again bringing a constructive voice to the top table.”

    While in New York, Mr Peters also engaged in several high-level meetings and held talks with a range of counterparts, including from Iceland, Italy, Jordan, Egypt, Netherlands, Costa Rica, Sweden, Kiribati, Maldives, Palestinian Authority, and the Gulf Cooperation Council.

    “Our talks in Papeete today with President Moetai Brotherson, French High Commissioner Dominique Sorain, former Presidents Édouard Fritch and Oscar Temaru, Members of Parliament, and business leaders reinforced the warm and enduring relationships between New Zealand, French Polynesia and France”, Mr Peters says.

    Mr Peters is aiming to visit all 17 other Pacific Islands Forum countries in 2024. French Polynesia was the 15th he visited, leaving only New Caledonia and Kiribati to go. 

    Mr Peters returns to New Zealand later today.

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI Australia: Woman charged with high range drink driving following Kings Meadows crash

    Source: Tasmania Police

    Woman charged with high range drink driving following Kings Meadows crash

    Monday, 30 September 2024 – 2:23 pm.

    A 45-year-old woman from Nunamara has been charged with drink driving following a crash at Kings Meadows on Saturday.
    Inspector Craig Fox said police and other emergency services were called to the scene on Kings Meadows Link about 2pm, arriving to find the woman nearby the crashed vehicle.
    “The woman later returned a breath analysis reading of 0.314, over six times the legal limit,” he said.
    “She was arrested and charged with exceeding the prescribed alcohol limit, driving whist disqualified, breaching bail, and other related offences.”
    “Her vehicle was also seized and police will apply for it to be forfeited.”
    “Police would like to thank those members of the public who contacted police and provided information about the crash.”
    The woman is due to appear in the St Helens Magistrates Court on 2 October.
    Anyone with further information is asked to contact police on 131 444 or Crime Stoppers on 1800 333 000 or at crimestopperstas.com.au. Information can be provided anonymously.

    MIL OSI News –

    January 23, 2025
  • MIL-OSI China: Chinese FM outlines China’s vision for addressing global challenges

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

    UNITED NATIONS, Sept. 29 — Chinese Foreign Minister Wang Yi on Saturday outlined China’s vision for tackling the world’s most urgent challenges, reaffirming the country’s role as a proactive force in global governance and cooperation.

    “As the world faces increasingly serious challenges, China has never opted to be an indifferent spectator. Instead, we have been playing a bigger part in global governance than ever before,” said Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, in his speech at the general debate of the 79th session of the United Nations General Assembly.

    Wang referenced the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative proposed by President Xi Jinping as examples of China’s leadership in proposing solutions to the difficult issues facing humanity.

    “They carry China’s wisdom for resolving various difficult issues confronting humanity, and bring impetus from China for improving global governance,” he said.

    In the face of uneven and inadequate global development, China’s proposal is to put development at the top of the global agenda, focus on delivering the Sustainable Development Goals of the U.N. 2030 Agenda, increase input in development, and help developing countries better respond to different risks and challenges, said Wang.

    At the recent Beijing Summit of the Forum on China-Africa Cooperation, Xi outlined 10 partnership actions to be taken together with Africa to advance modernization, and announced the decision to give over 40 least developed countries (LDCs), including those in Africa, zero-tariff treatment for 100 percent tariff lines.

    “China is the first major developing country and the first major economy to take such a significant step,” Wang said.

    He pointed out that in the face of unilateral, bullying acts such as sanctions and blockade, China firmly supports countries in defending their legitimate rights, upholding the equity and openness of the international system, making global development more coordinated and beneficial for all, and jointly opposing technology blockade and rejecting decoupling or severing supply chains.

    “Sanctions and pressure will not bring monopolistic advantages. Suppressing and containing others will not solve problems at home. The right of people of all countries to pursue a better life should not be taken away. Here, we once again urge the United States to completely lift its blockade, sanctions and terrorism-related designation against Cuba,” said Wang.

    In the face of aggravating ecological challenges, Wang said, China is firmly committed to a path of green, low-carbon and sustainable development.

    “We will move from carbon peaking to carbon neutrality in the shortest time span in world history, contributing China’s efforts to harmonious coexistence between humanity and nature,” he said.

    At the global level, the principle of common but differentiated responsibilities must be upheld, and the Paris Agreement must be implemented in earnest, he added.

    “Developed countries should assist developing countries in building their capacity to cope with climate change. Touting the need of climate response while suppressing the green industries of others will only hold back global progress in green transition,” said Wang.

    Addressing the rapid rise of artificial intelligence (AI), Wang stressed China is committed to taking a people-centered approach, developing AI for good, and putting equal emphasis on development and security.

    “We are working to explore and establish widely-recognized international rules and standards,” he said, adding China supports the U.N.’s role as the main channel for global AI governance and is committed to strengthening international cooperation on AI capacity-building.

    “China has put forth the AI Capacity-Building Action Plan for Good and for All, and is ready to make more contributions to the sound, orderly, fair and inclusive development of AI,” said Wang.

    On human rights protection, Wang reiterated China’s stance that all countries should have the right to independently choose their path of human rights development. He rejected external interference in others’ internal affairs citing human rights as an excuse, asserting that no country should impose its own will on others.

    “In human rights protection, China is committed to putting people first and promoting the free and well-rounded development of the people. We have found a path of human rights development that suits China’s national conditions,” he said. “China is ready to engage in dialogue and exchanges with all countries and UN human rights bodies on an equal footing, and jointly promote the sound development of the global human rights cause.”

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI Translation: 28.09.2024 2,400 volunteers start estudio con in four military academies in their first year. More than 1,300 took the oath today

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    2,400 volunteers begin their first-year studies at four military universities. Over 1,300 took the oath today 28.09.2024– In the oath, you say, swearing allegiance to the homeland, that you will not spare your health, and if necessary, your lives. Bromear great mission, bromear great service, bromear great cause. Poland is a great cause, and there is no Polish cause without your involvement. On behalf of the Republic of Poland, I would like to thank you all for joining the armed forces, the Polish Army, for taking today’s oath. Poland is proud of you and is very grateful to you. You have already completed basic training, some of you have just received awards, but all of you are distinguished by the opportunity to wear the uniform of a soldier of the Polish Army, with a white and red flag on your niu. Take care of your honor, the honor of the Polish Army, the honor of each of you, the banners that stand and wave proudly among you today. Take care of each other, because you also create a great community of a 200,000-strong army that is growing – said Deputy Prime Minister Władysław Kosiniak-Kamysz during the military oath in Warsaw.

    On Saturday, September 28, at the Military University of Technology, Deputy Prime Minister W. Kosiniak-Kamysz and Deputy Minister Stanisław Wziątek took part in the ceremonial military oath of volunteers starting their studies at four universities. – You start your service and your studies at military universities. You will combine this, this great effort and sacrifice. Today, there are over 1,300 cadets among us who have taken their oath. Another 600 are taking the oath in Wrocław at the same time. Some of those who started their studies, una broma que in total in the first year of all universities over 2,400 cadets. We have increased recruitment by 400 places this year, we are developing military universities – the head of the Ministry of National Defense emphasized during the ceremony. The oath in Warsaw was taken by 1,320 soldiers of voluntary basic military service from the Military University of Technology, the Air Force Academy, the Land Forces Academy (educated at the Military Medical College of the Medical University of Łódź) and the Naval Academy. In accordance with the Ministry of National Defense limit for the academic year 2024/2025 – many more than those taking the oaths today will start their studies at the four universities, because in total over 2,400 soldiers. A large group of those accepted for studies had already taken the military oath. At the ceremony, the head of the Ministry of National Defense presented awards to volunteers who achieved high results during basic training. The Deputy Prime Minister thanked the cadets of military universities for their involvement in the flood control operation in the south-west of the country. – Almost 8,200 soldier-cadets at all military universities will start another academic year this year. Para bromear a huge part of the Polish Army, which proves itself in action, not only in preparation. At this point I would like to sincerely thank a group of a thousand cadets from the Military University of Technology, the Land Forces Academy, the Naval Academy and the Air Force Academy for the fact that at the moment of trial, when support was needed, when Lower Silesia and the Opole region needed soldiers of the Polish Army, you also showed up to strengthen the embankments, to help those affected by the flood. Bromear your mission and this bromear practical test of your skills, this bromear helping others, these are the non-military activities of the Polish Army that are extremely important in modern times – noted the Deputy Prime Minister. * * *Students admitted to military studies in the academic year 2024/2025 will begin their military service on the principles introduced by the Act on the Defense of the Homeland. They will pursue education in the first year of studies as soldiers of voluntary basic military service, and from the second year they will gain the status of professional soldiers.

    Photos (4)

    MILES AXIS

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

    MIL Translation OSI

    January 23, 2025
  • MIL-OSI Translation: 28/09/2024 Varsovia Informe on flood-related activities and changes in the budget

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    The Prime Minister called a special government meeting on Saturday to adopt changes to the draft budget for 2025 and discuss actions related to removing the effects of the flood. The heads of the State Fire Service, Police and General Staff were also invited to participate – the first part of the meeting was a staff briefing. In the second part, the Council of Ministers adopted changes to the draft budget for 2025, which will provide funds for the reconstruction of flooded areas. Coordinated actions and emergency aid

    The actions of the government and services in connection with the flood situation include record involvement of firefighters and police officers as well as cooperation with the army, including the establishment of a joint helicopter center.

    As for the reconstruction, the assessment is ongoing. Of course, at this point the most important thing is to remove the immediate damage, pump out the water, and pay benefits, but from what the governors told us yesterday, it is progressing very dynamically.

    – The Minister said of Internal Affairs and Administration. Within two weeks, benefits were given to almost 37 thousand families, and over 622 million zlotys were allocated to remove the effects of the flood. The Minister assured that the actions are coordinated and the threat is under control, thanks to constant monitoring of the situation and ongoing cooperation between the services and local and central authorities.

    Nearly 200 reasons to be happy

    In the face of dramatic weather conditions, aviation played a key role in rescue operations, saving 199 people who were in immediate danger. Thanks to determined pilots and specialized rescue units, almost 5,000 people could be evacuated from flood-prone areas. The pair testifies to the enormous strength and effectiveness of the services that have been and continue to provide help in the most difficult moments.

    It is good that the public has heard these words about the direct effect of the work of, for example, our pilots in rescue operations using helicopters – 199 people are alive only because these determined, brave people were on duty all the time and ready to help.

    -Prime Minister Donald Tusk said. The situation in West Pomerania remains serious, water levels exceed alarm levels. We must remain vigilant and cautious, because the flood wave not only poses a challenge to the embankments, but also requires additional precautions and coordination of actions. Due to heavy rainfall, Podkarpacie now requires special attention, also taking into account the terrain conditions. Local events may have serious consequences there, which is why it is necessary for the services to focus on monitoring the situation.

    The government is mobilizing forces for reconstruction after the flood

    Minister Marcin Kierwiński, the government’s plenipotentiary for the reconstruction of flood-affected areas, shared the latest information on the situation after the disaster. The process of estimating the damage is ongoing, and even at this stage the numbers are shocking. It is already known that the flood destroyed over 17 thousand residential buildings and almost 8.5 thousand economic facilities. The list also includes about 1150 public buildings, including 141 schools and 41 bridges. In the flood-affected areas, the governors, supported by the army, are involved in cleaning up and rebuilding key infrastructure. This refers not only to roads and bridges, but also to ensuring access to electricity, water and unclogging the sewage system.

    In the face of the devastation caused by the flood, the government is taking urgent action to restore normalcy to residents. Our priority is not only to clean up, but also to rebuild key infrastructure that is essential for the life and functioning of local communities

    – said the government’s plenipotentiary for the reconstruction of flood-affected areas. In the face of such enormous challenges, the government plans to establish priorities in order to restore normalcy to residents as soon as possible. El Ministro M. Kierwiński promised to keep the situation and progress in reconstruction up to date. Immediately after his speech, he went to the flood-affected areas.

    Military actions in response to flood

    The Polish Armed Forces have been actively responding to the flood since the beginning. 13,646 operational soldiers and 3,261 Territorial Defense soldiers are participating in the action. The army is involved in rescue operations and support for local communities affected by the disaster.

    The army carries out all the tasks we set from the very beginning, from receiving the first information and putting it on alert. Operational troops bear the burden of flood damage repair operations

    – said the Minister of National Defense. As part of Operation Feniks, the army is also involved in clearing communication, disinfecting apartments and delivering meals. El primer minister Kosiniak-Kamysz drew attention to the need for cooperation with other institutions and the need to monitor flooded areas.

    False alarms and their consequences

    Since the beginning of the flood crisis, the government has been working with the police and prosecutors to ensure the safety of residents of flood-affected areas. The Prime Minister noted the seriousness of any crimes, such as false alarms, which can divert the attention of services from real threats.

    It’s not much different from false bomb threats. These are things that mean that somewhere else someone could be in real danger, because the police, fire department, or the military will follow the false signal.

    – emphasized the head of government. Various conspiracy theories and disinformation activities also contribute to the damage and undermine trust in the state. Therefore, Donald Tusk thanked the police and prosecutors for their quick and effective actions, which accelerate the court proceedings against criminals.

    Help for households and entrepreneurs

    The government is introducing various forms of support for entrepreneurs and households affected by the flood. Among the available funds is emergency aid in the form of a flood allowance, which amounts to PLN 8,000 for households and an additional PLN 2,000 for people in a particularly difficult situation. “Emergency aid in the form of a flood allowance has already reached approximately 40,000 families in the Lower Silesian Voivodeship. We are monitoring this process to ensure that support is provided efficiently and in accordance with simplified procedures,” said the Minister of Family, Labor and Social Policy. In a special so-called flood act, the government has also introduced one-off aid in the amount of PLN 1,000 – it is to alleviate the effects of the need to dry flats and houses. Renovation aid is also planned, which is intended to support people who have damaged buildings, including those used for business activities. Owners of small businesses, such as hairdressing salons, can also apply for aid. Detailed information can be found on the website.

    Changes to the budget for 2025 – financial support for reconstruction after flooding

    The Council of Ministers has adopted changes to the draft budget act for 2025, which are a response to the exceptional flood situation in the country. The government gives priority to helping the victims, which is reflected, among others, in the increase in funds for counteracting the effects of natural disasters to the amount of PLN 3 million 191 million. The budget amendment proposal also assumes an increase in spending on housing by PLN 420.2 million and on research by PLN 50 million, which emphasizes the government’s commitment to the social and economic development of the country. Detailed information on the draft amendment to the budget act for 2025. Additionally, the government recommended to the Sejm to reduce the budgets of entities such as the Supreme Court, the National Broadcasting Council, the Institute of National Remembrance and the Chancellery of the President by a total of PLN 200 million.

    We are analysing that the budgets of entities such as the Supreme Court, the National Broadcasting Council, the Institute of National Remembrance and the Chancellery of the President could be reduced by an amount of no less than PLN 200 million, and this could be allocated to helping people affected by the flooding.

    – The Minister of Finance reported. In the budget for 2024, the government has secured PLN 2 billion for now without the need to amend it. Analyses regarding the need and possibilities of increasing these funds are ongoing.

    MILES AXIS

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

    MIL Translation OSI

    January 23, 2025
  • MIL-OSI Asia-Pac: MEDIA RELEASE – Samoa Police members visit Australia to boost capability ahead of CHOGM

    Source: Government of Western Samoa

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    This is a joint media release between the AFP and Samoa Police, Prisons and Corrections Services (Samoa Police).

    (20th September 2024)- Officers from Samoa Police have undertaken specialist police tactical group training with the Australian Federal Police in Canberra last month, as Samoa continues to ramp up its operational readiness ahead of the 2024 Commonwealth Heads of Government Meeting (CHOGM) being held in the Pacific nation in October.

    The Samoa Police Tactical Operations Section (TOS) worked closely with members of the AFP’s Tactical Response Team (TRT) on specialist first response training to address operational risks ahead of CHOGM and to build capacity and capability.

    The training was delivered under the Samoa Australia Police Partnership (SAPP) which this year celebrates 15 years of partnership between the AFP and Samoa Police. Ten TOS officers participated in a range of training drills and scenarios focused on the tactical resolution of high-risk incidents ahead of the major Commonwealth event.

    The Samoan officers were provided with insights into the valuable role the AFP TRT plays in major events both in Australia and internationally, along with how the AFP strategically prepares and trains to ensure members deliver a safe and secure high-profile event.

    The most recent training opportunity between AFP and the Samoa Police is the latest in the nation’s preparations for CHOGM, with AFP working closely with Samoa over the past two years in preparation of the event. The tactical training complements the tactical communications training collaboration in April this year.

    CHOGM is the Commonwealth’s primary political meeting, which is held every two years and where leaders discuss global economic, environmental and security challenges and how to work together to overcome them.

    AFP Detective Superintendent Daniel Evans said the training provided by the AFP’s Tactical Response Team would support interoperability and capability of the Samoa Police ahead of CHOGM.

    “The valuable skills and insights members of Samoa’s Police’s Tactical Operations Section have gained while in Australia will ensure they are equipped and ready for any scenario ahead of CHOGM,” Detective Superintendent Evans said.

    “The AFP is committed to providing ongoing support to the Samoa Police and Samoa Government ahead of CHOGM by providing advice, funding and access to AFP capability and training.

    “We look forward to working alongside our Samoa Police colleagues to deliver a safe and successful event.”

    Samoa Police Commissioner Auapaau Logoitino Filipo said the training continued to enhance Samoa Police’s capability ahead of CHOGM.

    “This training also reflects the 15 years of partnership with the AFP that has grown and strengthened into what it is today,” Commissioner Filipo said.

    “The advancement in tactical policing ahead of CHOGM improves our ability to deliver the event but also safety and security to the people and communities of Samoa on a daily basis.”

    While in Canberra, TOS officers and AFP members visited the National Police Memorial where they laid a wreath in memory of Samoa Police Senior Sergeant Peniamina Perite who was killed in the line of duty last month.

    Media enquiries:

    AFP Media: (02) 5126 9297

    Connect with us:

    Follow our Facebook, Twitter, LinkedIn, Instagram and YouTube pages to learn more about what the AFP does to keep Australia safe.

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    September 30, 2024

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: REMARKS BY THE ACTING PRIME MINISTER, HON. TUALA TEVAGA IOSEFO PONIFASIO ON THE OCCASION OF THE CROWNING OF THE MISS UNIVERSE SAMOA – MS. HAYLANI PEARL KURUPPU

    Source: Government of Western Samoa

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    (20TH SEPTEMBER 2024, ORATOR HOTEL AT 4:30PM)

    Ladies and gentlemen,

    Today marks the dawn of a new chapter in the history of pageantry for our nation. We gather here to celebrate and crown our Miss Universe Samoa, who will have the honor of representing our beautiful country at the 73rd Miss Universe competition, to be held in Mexico City on November 16, 2024.

    The Miss Universe competition is globally recognized as one of the top three international pageants. With its empowering motto, “Beautifully Confident,” the Miss Universe pageant aims to provide a platform where adult women from around the world can challenge themselves, express their voices, and be heard on the global stage. It is a movement that advocates for a future shaped by women—women with the courage to defy limits, curiosity to make groundbreaking discoveries, and audacity to continuously push the boundaries of possibility. These women become advocates for social causes, shouldering the responsibility of serving as role models with integrity and purpose.

    For over 30 years, Samoa has been absent from the Miss Universe platform. Today, it is time for our talented, intelligent, and vibrant ‘Tama’ita’i Samoa to once again shine on the global stage. As we continue our efforts to promote Samoa as a premier tourist destination, this pageant is yet another significant initiative driven by our dynamic private sector.

    The government of Samoa is fully committed to promoting the important role of women in our society. This commitment is not just words but is demonstrated through our policies and actions. We actively support women’s involvement at all levels, including in Parliament and high-level leadership roles. By doing so, we affirm our dedication to the principles of equality and inclusion. We believe in the invaluable contributions of women to the progress and development of our society, and this commitment is woven into the fabric of our national vision for the future. “Pathway to the development of Samoa.

    I would like to extend my sincere congratulations to Manaia Events for spearheading this effort. It takes vision, dedication, and courage to bring Samoa back onto the world stage, and your hard work and commitment are truly commendable. This is a testament to the power of partnerships between the private sector, local organizations, and national efforts to elevate Samoa’s presence globally.

    Special recognition goes to Ms. Haylani Pearl Kuruppu, our Miss Universe Samoa. Ms. Kuruppu has already made us proud on the international stage, having represented Samoa and the Pacific at the Miss Global Pageant in Cambodia in 2023. We all shared in the pride and excitement when Samoa was announced as one of the top two finalists. Millions around the world cheered for you then, and millions more will stand behind you as you step onto the Miss Universe stage. Your journey is not just one of personal achievement, but one that inspires hope and pride in the hearts of Samoans everywhere.

    As you prepare to compete in Mexico, remember that you carry with you not only the dreams of young Samoan women but also the rich cultural heritage of our nation. You embody the grace, strength, and resilience of our people. Through your presence on the Miss Universe stage, you are representing more than beauty; you are representing the values of courage, determination, and unity that define Samoa.

    Your dedication and service to Samoa have been commendable, and we pray for God’s continued protection and guidance as you undertake this momentous journey. We trust that you will inspire not only those in Samoa but also women around the world, showing them that no matter where they come from, their voices can be heard, their talents recognized, and their dreams realized.

    Once again, I extend my sincere thanks to Manaia Events, Vodafone Samoa, Fiji Airways, and everyone who has played a role in preparing our Miss Universe Samoa, Ms. Haylani Pearl Kuruppu, for her upcoming competition in Mexico City.

    God bless Haylanni and the Team Miss Universe Samoa.

    Fa’afetai tele lava. Thank you.

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    September 30, 2024

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Celebrating Mithun Da’s journey of hope, perseverance and pursuit of dream to reach the pinnacle of Indian Cinema

    Source: Government of India (2)

    Celebrating Mithun Da’s journey of hope, perseverance and pursuit of dream to reach the pinnacle of Indian Cinema

    Dadasaheb Phalke Lifetime Achievement Award for 2022 to be conferred on eminent actor Mithun Chakraborty

    Actors’s cinematic journey profoundly remarkable & inspiring; His dedication and hard work have made him a role model for aspiring actors and artists: Sh Ashwini Vaishnaw

    Legendary actor will inspire generations through his cinematic contributions and work in philanthropy & public service, leaving a lasting legacy of excellence and compassion

    Posted On: 30 SEP 2024 9:58AM by PIB Delhi

    Legendary actor Mr. Mithun Chakraborty will be honoured with the Dadasaheb Phalke Lifetime Achievement Award for the year 2022. Union Minister of Information and Broadcasting, Railways and Electronics & Information Technology, Shri Ashwini Vaishnaw announced the award today in recognition of his remarkable contributions to Indian cinema. The Minister conveyed immense joy and pride in honouring one of the most cherished and iconic figures in the film industry who is known for his versatile performances and charismatic screen presence.

    Remarkable journey of Mithun Da

    Mithun Chakraborty, also known as Mithun Da, is an iconic Indian actor, producer, and politician, recognized for his versatile roles and distinctive dancing style. He has taken on a diverse range of roles in his movies, showcasing action-packed characters to poignant dramatic performances.

    The Minister stated that Mithun Chakraborty’s journey from a young man with humble beginnings to a celebrated film icon, embodies the spirit of hope and perseverance, proving that with passion and dedication, one can achieve even the most ambitious dreams. His dedication and hard work have made him a role model for aspiring actors and artists.

    Born Gourang Chakraborty on June 16, 1950, in Kolkata, West Bengal, he earned the National Film Award for Best Actor in his very first film, “Mrigayaa” (1976). An alumnus of the prestigious Film and Television Institute of India (FTII),  Mithun Chakraborty honed his craft and laid the foundation for his illustrious career in cinema.

    His portrayal of a Santhal rebel in the Mrinal Sen’s film earned him the national accolade. Mithun gained significant popularity in the 1980s with his role in “Disco Dancer” (1982), a film that became a major success both in India and internationally, establishing him as a dancing sensation. He became a household name with his iconic role in Disco Dancer (1982), a film that not only showcased his exceptional dancing skills but also popularized disco music in Indian cinema. His performance in Agneepath also won him the Filmfare Award for Best Supporting Actor in 1990.

    Later, he won two more National Film Awards for his roles in Tahader Katha (1992) and Swami Vivekananda (1998). Over his extensive career, Mithun has acted in more than 350 films across various Indian languages, including Hindi, Bengali, Odia, Bhojpuri, and Telugu. He is known for his diverse performances, ranging from action to drama and comedy, and has won several awards, including three National Film Awards for Best Actor.

    Dual legacy of Mithun Da

    The Union Minister emphasized that Mithun Da is not only celebrated for his cinematic achievements but also for his dedication to social causes. He has been actively involved in various charitable initiatives aimed at education, healthcare, and supporting underprivileged communities, reflecting his commitment to giving back to society. He has also served as a Member of Parliament, demonstrating his commitment to public service and governance.

    In a career spanning nearly five decades, Mithun Chakraborty has received numerous awards and accolades throughout his career, recognizing his significant contributions to Indian cinema. He was recently conferred with the prestigious Padma Bhushan award also for his outstanding contributions to Indian cinema. With a filmography that includes classics such as “Disco Dancer,” and “Ghar Ek Mandir,” he has not only entertained millions but has also shaped the landscape of Bollywood and regional cinema. His influence extends beyond the silver screen, as he continues to inspire generations through his work in film and philanthropy.

    The award will be presented during the 70th National Film awards ceremony scheduled to be held on Tuesday, the 8th October 2024. The following members were part of the Dadasaheb Phalke Award Selection Committee:

    1. Ms. Asha Parekh
    2. Ms. Khushbu Sundar
    3. Mr. Vipul Amrutlal Shah

     

    The prestigious Dadasaheb Phalke Lifetime Achievement Award not only recognizes Mithun Chakraborty’s artistic prowess but also his enduring legacy as a compassionate and dedicated individual who has made a difference in the lives of many.

     

    *****

    Dharmendra Tewari/Kshitij Singha

    (Release ID: 2060183) Visitor Counter : 53

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI NGOs: MSF has and continues to treat more than two victims of sexual violence per hour in DRC

    Source: Médecins Sans Frontières –

    • New data reveals that MSF teams treated more than two victims and survivors of sexual violence every hour in Democratic Republic of Congo (DRC) during 2023.
    • The alarming numbers have continued, with teams having treated nearly 70 per cent of the numbers across all of 2023 in just the first five months of 2024.
    • MSF is calling on international and national stakeholders to invest in to address sexual violence.

    Amsterdam/Barcelona/Brussels/Geneva/Paris – In a new retrospective report, Médecins Sans Frontières (MSF) reveals that – together with the Ministry of Health – we had treated an unprecedented number of victims and survivors of sexual violence in Democratic Republic of Congo in 2023. This upward trend has continued in the first months of 2024. MSF is calling on all national and international stakeholders to take urgent action to better prevent this crisis and improve care for survivors.

    In 2023, MSF teams in Democratic Republic of Congo (DRC) helped treat 25,166 victims and survivors of sexual violence across the country. That’s more than two every hour.

    This figure is by far the highest number ever recorded by MSF in DRC. It is based on data from 17 projects set up by MSF, in support of the Ministry of Health, in five Congolese provinces – North Kivu, South Kivu, Ituri, Maniema and Central Kasai. In previous years (2020, 2021, 2022), our teams treated an average of 10,000 victims per year in the country. The year 2023 therefore marks a massive increase in admissions. 

    ‘We are calling for help’: Sexual violence in DRC pdf — 2.9 MB Download

    This trend accelerated in the first months of 2024. In North Kivu province alone, 17,363 victims and survivors were treated with MSF assistance between January and May. Not even halfway through the year, this already represented 69 per cent of the total number of victims treated in 2023 in the five provinces mentioned above.   

    Displaced women are the first victims

    Analysed and verified over several months, the 2023 data presented in the report, We are calling for help, show that 91 per cent of victims treated with MSF assistance in DRC were admitted in North Kivu province. Clashes between the M23 group, the Congolese army and their respective allies have been raging in the province since late 2021, forcing hundreds of thousands of people to flee.

    The vast majority of victims (17,829) were treated in displacement sites around Goma, North Kivu’s capital. The number of displacement sites continued to grow throughout 2023.  

    “According to the testimonies of patients, two-thirds of them were attacked at gunpoint,” says Christopher Mambula, head of MSF’s programmes in DRC. “These attacks took place on the sites themselves, but also in the surrounding area when women and girls – who accounted for 98 per cent of the victims treated by MSF in DRC in 2023 – went out to collect wood or water, or to work in the fields.”

    A view of a refugee camp in Goma, where thousands of people have been displaced due to ongoing fighting in North Kivu. 
    Marion Molinari/MSF

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    While the massive presence of armed men in and around displacement sites explains this explosion in sexual violence, the inadequacy of the humanitarian response and the inhumane living conditions in these sites fuel the phenomenon. The lack of food, water and income-generating activities exacerbates the vulnerable situation of women and girls (1 in 10 victims treated by MSF in 2023 were minors), who are forced to go to neighbouring hills and fields where there are many armed men. The lack of sanitation and safe shelter for women and girls leaves them vulnerable to attack. Others are victims of sexual exploitation to support their families.

    “On paper, there seem to be many programmes to prevent and respond to the needs of victims of sexual violence,” says Christopher Mambula. “But on the ground in displacement sites, our teams struggle every day to refer victims who need help.”

    “The few programmes that do exist are always too short-lived and grossly under-resourced,” says Mambula. “Much more is needed to protect women and meet the urgent needs of victims.”

    Urgent calls for action

    Based on the needs expressed by the victims, and building on previous work to solve this long-standing problem in the country, the report lists some 20 urgent actions to be taken by the parties to the conflict, the Congolese authorities – national, provincial and local – as well as international donors and the humanitarian sector. For MSF, there are three main areas of urgent action.

    Firstly, we call on all parties to the conflict to ensure respect for international humanitarian law. In particular, we call for the absolute prohibition of acts of sexual violence, but also respect for the civilian nature of displacement sites. The protection of people caught up in the fighting must be a priority. The call to protect civilians from abuse is also addressed to those involved in humanitarian programmes.

    Second, MSF calls for the improvement of living conditions in sites for internally displaced people. Access must be improved to meet basic needs – food, water, income-generating activities – as well as improving safe and well-lit sanitation and shelter. These investments must also be accompanied by increased efforts to raise awareness of sexual violence. While humanitarian funding must be sufficiently flexible to respond to emerging and urgent needs, implementing partners must also demonstrate accountability in delivering interventions.

    A woman stands in front of the camps of Bulengo and Lushagala.
    MSF/Alexandre Marcou

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    Finally, we call for specific investment in better medical, social, legal and psychological care for victims of sexual violence. This requires long-term funding to improve medical training, the supply of post-rape kits to care facilities, legal support, as well as the provision of shelters for survivors. Funding is also needed for awareness-raising activities to prevent stigmatisation or marginalisation of victims, which sometimes prevents them from seeking help. Given the high number of requests for abortion from victims, MSF is also calling for the adaptation of the national legal framework to guarantee access to comprehensive medical abortion care.

    Sexual violence is a major medical and humanitarian emergency in DRC. According to the latest Gender-Based Violence Area of Responsibility DRC informationhttps://reliefweb.int/report/democratic-republic-congo/republique-democratique-du-congo-bulletin-dinformation-du-gbv-aor-avril-juin-t2-2024-aout-2024, which compiles data from various humanitarian organisations offering gender-based violence care services in 12 provinces of DRC, 55,500 survivors of sexual violence received medical care in the second quarter of 2024.

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    MIL OSI NGO –

    January 23, 2025
  • MIL-OSI New Zealand: Yet again, ACT drives change in quarterly plan

    Source: ACT Party

    “ACT’s contribution to the Coalition Government’s fourth quarterly plan shows how we’re driving the real change Kiwis voted for,” says ACT Leader David Seymour.

    “The document is a clear demonstration of how ACT in Government makes New Zealanders’ lives better. We’re unleashing builders and growers by cutting red tape, empowering families with choice in education, delivering consequences for crime, and more.

    “For the fourth plan in a row, ACT voters have made a disproportionate impact – more than half of the plan’s action points reflect our contribution.

    “Every day in Government, we’re taking great ideas and turning them into action to secure a freer, more prosperous future for New Zealanders.”

    Of the 43 actions listed, 22 are led by ACT ministers, advance ACT coalition commitments, or reflect ACT policies. These actions include:

    • Pass the first Resource Management Amendment Bill to reduce the regulatory burden on farmers and the primary sector.
      – ACT coalition commitment
    • Introduce the government’s second RMA reform Bill to Parliament to cut red tape holding back growth in the infrastructure, energy, housing, and farming sectors.
      – ACT coalition commitment
    • Establish the National Infrastructure Agency.
      – ACT policy
    • Take Cabinet decisions on funding and financing tools to get more housing built.
      – ACT coalition commitment
    • Introduce legislation to make it easier to build offshore wind farms.
      – ACT policy
    • Take Cabinet decisions on allowing greater use of road tolling to support the delivery of transport infrastructure.
      – ACT coalition commitment
    • Finalise the development of farm-level emissions measurement methodology.
      – ACT coalition commitment
    • Pass legislation to complete the removal of agriculture from the Emissions Trading Scheme.
      – ACT coalition commitment
    • Take Cabinet decisions to streamline regulations around food safety export exemptions.
      – ACT Minister
    • Pass legislation to reverse the ban on oil and gas exploration.
      – ACT coalition commitment
    • Take Cabinet decisions on the form of the Regulatory Standards Bill.
      – ACT Minister & coalition commitment
    • Initiate a third regulatory sector review to identify and remove unnecessary red tape.
      – ACT Minister & coalition commitment
    • Pass legislation extending deadlines for earthquake prone buildings to enable a review of the current settings.
      – ACT policy
    • Pass legislation to allow lotteries for non-commercial purposes to operate online, cutting red tape to make fundraising more effective.
      – ACT Minister
    • Take final design decisions for an online casino gambling regulator.
      – ACT Minister
    • Introduce legislation to remove the GE ban and enable the safe use of gene technology in agriculture, health science and other sectors.
      – ACT coalition commitment
    • Introduce legislation to enable stronger consequences for serious youth offending.
      – ACT Minister
    • Publish the second action plan on family and sexual violence.
      – ACT Minister
    • Begin delivery of new cancer treatments.
      – ACT Minister (through Pharmac)
    • Commence a review of the funding formula for independent schools.
      – ACT coalition commitment & ACT Minister
    • Negotiate contracts with, and announce, the first charter schools.
      – ACT coalition commitment & ACT Minister
    • Introduce legislation to expand the Traffic Light System to include additional consequences for beneficiaries who do not meet their obligations.
      – ACT coalition commitment

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI Australia: Operation Eclipse targets crime related to illicit tobacco trade

    Source: South Australia Police

    Police are conducting an operation to investigate serious criminal offending associated with illicit tobacco in South Australia.

    Operation Eclipse has been focussed for some time and is investigating offences including arson, assaults and money laundering linked to the illegal activity that was first identified by police in May.

    Detective Superintendent Shane Addison, Officer in Charge, Serious and Organised Crime Branch said police have been working proactively to identify the criminal networks involved in the trade of the illicit tobacco and working with other agencies to disrupt their criminal activities.

    “Operation Eclipse has established strong working relationships with Victoria Police and other law enforcement agencies and we are sharing intelligence,’’ he said.

    “We will not tolerate criminal behaviour that poses a risk to the community and have already made several arrests as part of the operation.’’
    Police have so far linked seven arson attacks in the metropolitan area to the illicit tobacco industry. They have involved vehicles, restaurants and tobacco retailers. Numerous other incidents including assaults and standovers, have also been identified.

    Serious and Organised Crime Branch detectives conducting Operation Eclipse have also identified another 15 persons of interest in the activity.

    Besides the two arrests made so far for money laundering and serious criminal trespass, detectives have seized thousands of dollars in cash.

    Operation Eclipse is working in partnership with CBS Tobacco Investigations, who are responsible for the regulation of tobacco in SA.

    The seven arson incidents include:

    • 19 July – car fire at Glenelg North
    • 30 August – restaurant fire at Henley Beach Road, Torrensville
    • 7 September – restaurant fire Main North Road, Enfield
    • 9 September – vehicle fire Walkley Heights
    • 11 September – vehicle fire Mawson Lakes
    • 14 September – business broken into and arson attack Port Road, Hindmarsh
    • 30 September – business at Henley Beach Road, Brooklyn Park

    MIL OSI News –

    January 23, 2025
  • MIL-OSI Economics: AIIB Commits USD100 Million for Climate Transition in Asia

    Source: Asia Infrastructure Investment Bank

    The Asian Infrastructure Investment Bank (AIIB) has signed a USD100 million commitment toward climate transition investments in emerging Asia. Of the total commitment, USD75 million is committed to the Actis Asia Climate Transition Fund (the Fund), managed by Actis GP LLP, and up to USD25 million co-investment sleeve alongside the Fund.

    This marks AIIB’s first climate transition-themed fund dedicated to emerging Asia and highlights the Bank’s commitment to sustainable development and climate change mitigation in the region.

    “Our commitment to the Actis Asia Climate Transition Fund underscores AIIB’s dedication to financing sustainable infrastructure and fostering low-carbon solutions in Asia,” said Rajat Misra, AIIB Acting Vice President, Investment Clients, Region 1 & Financial Institutions and Funds, Global. “This partnership aligns with our climate strategy and sets a precedent for future investments aimed at achieving net-zero emissions while promoting gender equality in the energy sector.”

    The Fund aims to invest in renewable energy infrastructure, energy solutions and sustainable transportation which lean toward emerging Asia.

    Project Highlights:

    • Strong Sustainability Credentials—The Actis Asia Climate Transition strategy was established to meet investor demand for an SFDR Article 9 investment strategy which is focused on net zero and decarbonization assets aimed at supporting climate solutions including energy efficiency, smart grids, district energy and sustainable transportation. AIIB will gain access to Actis’ proprietary sustainability toolkit for direct investments, including enhanced governance framework, processes and metrics that will persist beyond exit.
    • Demonstration Effect on Gender Focus—The Project marks AIIB’s first equity position in an energy transition infrastructure-focused fund which is committed to addressing gender gaps in the energy sector, enabling learning opportunities for development of gender considerations in future investments.
    • Strategic Partnership that Drives Environmental and Social Impact—As an emerging market-focused sustainable infrastructure investor, the Fund will be Actis’ first climate-transition strategy. The collaboration highlights AIIB’s proactive approach to forming strategic partnerships and demonstrates AIIB’s dedication to financing sustainable infrastructure and fostering low-carbon solutions in Asia.

    About AIIB

    The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI New Zealand: Transport Sector – Transporting New Zealand opposes tolling on Manawatū Tararua Highway

    Source: Ia Ara Aotearoa Transporting New Zealand

    National road freight association Ia Ara Aotearoa Transporting New Zealand has opposed NZ Transport Agency Waka Kotahi’s plan to toll the 11.5km Manawatū Tararua Highway, saying the proposal doesn’t stack up and comes far too late in the project.
    Te Ahu a Turanga – Manawatū Tararua Highway is a new road being built over the Ruahine Range, providing a safe and resilient route between Woodville and Ashhurst after a major slip in April 2017 made SH3 through the Manawatū Gorge impassable. It is due to open in 2025.
    NZTA is consulting on a proposal to toll the route, with light vehicles paying $4.30 and heavy vehicles $8.60.
    Transporting New Zealand Interim Chief Executive Dom Kalasih says that the road freight body is supportive of tolling appropriate routes to relieve pressure on the National Land Transport Fund, but the Manawatū Tararua Highway isn’t a suitable project.
    “Tolling the road is going to divert over 3,000 vehicles per day, including a significant number of trucks, over the existing Saddle Road route. Saddle Road is unsafe and not fit for purpose. The relatively low numbers of expected users (10,902) are also only narrowly within NZTA’s 10,000 vehicle per day tolling test, and we’ve seen local push-back over that modelling.
    “This is in the context of the proposed toll covering about 28 percent of construction costs over 35 years. Road freight companies using the route will have no choice but to pass that cost onto their freight customers, with the toll ultimately being paid by consumers.”
    “The road is also due to open next year, so getting buy-in from the affected communities at such a late stage is proving incredibly difficult. Particularly after all they’ve gone through following the major slip in 2017.”
    “We accept that NZTA are in a tough spot here – they’re responding to a clear expectation from the Government to consider tolling on all new roads. However, we don’t want to see the benefits of a safer, more efficient, resilient piece of modern roading undermined. This road isn’t a nice-to-have, it’s an essential regional link.”
    Kalasih says that Transporting New Zealand is still supportive of tolling on appropriate projects, and was awaiting further information and meetings with NZTA on the Ōtaki to north of Levin Highway and Takitimu North Link before finalising their position on those proposals. 
    About Ia Ara Aotearoa Transporting New Zealand 
    Ia Ara Aotearoa Transporting New Zealand is a national membership association representing the road freight transport industry. Their members operate urban, rural and inter- regional commercial freight transport services throughout the country.
     Road is the dominant freight mode in New Zealand, transporting 92.8% of the freight task on a tonnage basis, and 75.1% on a tonne-km basis. The road freight transport industry employs over 34,000 people across more than 4,700 businesses, with an annual turnover of $6 billion.

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI United Kingdom: Recruitment of Honorary Consul in Bodø (voluntary position)

    Source: United Kingdom – Executive Government & Departments

    We are looking for an Honorary Consul with an established network in the region of Bodø. An Honorary Consul is a voluntary position.

    UK Government logo

    We are looking for an Honorary Consul in Bodø.

    As a candidate, you should have a very good understanding and knowledge of Bodø, including surrounding areas, and an established network that will help you to support British interests and to provide support to British Nationals who find themselves in difficulty. The position may also involve helping the British Embassy respond to crises.

    As a British Honorary Consul you will work under the supervision of the Deputy Head of Mission and Vice Consul in Oslo and work closely with our consular, internal politics and public diplomacy teams. Depending on the needs of the British Embassy you will have the opportunity to work alongside other sections.

    With your help we would like to continue to build on the particular relationship which Bodø and the United Kingdom have enjoyed.

    The British Embassy is an inclusive and diversity-friendly organisation. We value difference, promote equality and challenge discrimination, enhancing our organisational capability. We welcome and encourage applications from people of all backgrounds. We do not discriminate on the basis of disability, race, colour, ethnicity, gender, religion, sexual orientation, age, veteran status or other category protected by law.

    The British Embassy in Norway is part of a world-wide network, representing British political, economic and consular interests overseas.

    An Honorary Consul is a voluntary position defined by the Vienna Convention on Consular Relations.

    Appointment

    The appointment will initially be for a term of one year. At the end of the initial term, the appointment may be renewed for a further three years, subject to the requirements of the Superintending Post (the Embassy). Any further term will be for three years.

    Number of hours

    You are expected to work no more than four hours in an average week.

    Honorarium

    Your appointment is unsalaried, and carries no entitlement to a pension or terminal gratuity or any other benefit. You will receive however, a small annual honorarium.

    Requirements

    • Security Clearance: Your appointment is subject to you receiving security clearance from the Foreign, Commonwealth & Development Office (FCDO).
    • Conflicts of interest: You must not engage in any occupation or undertaking which might conflict with the interests of Her Majesty’s Government.
    • Exequatur: Your appointment is subject to you receiving an exequatur from the Norwegian Foreign Office.

    Applications

    All applicants should submit their CV (in English, up to two pages) and covering letter (in English, no more than two pages of A4) setting out their motivation for the role and how they meet the above criteria.

    Deadline: 7 October 2024

    Please send applications to the following address: Oslo.Consular@fcdo.gov.uk

    Applications can also be sent via post: British Embassy Oslo Honorary Consuls Manager Thomas Heftyes Gate 8 0246 Oslo

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    Updates to this page

    Published 30 September 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI: Inside information: Karri Alameri appointed as the CEO of Oma Savings Bank Plc

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 30.9.2024 AT 8:45 A.M. EET, INSIDE INFORMATION

    Inside information: Karri Alameri appointed as the CEO of Oma Savings Bank Plc

    The Board of Directors of Oma Savings Bank Plc (OmaSp or Company) has appointed Karri Alameri, M.Sc. (Econ.), CEFA as the new CEO of the Company. Alameri will start in his position no later than 1 April 2025. Interim CEO Sarianna Liiri will continue in her position until Alameri starts.

    Karri Alameri (b. 1963) has strong experience in the financial sector. Alameri joins OmaSp from the Savings Banks Group, where he has served as CEO since 2022. Prior to this, he has held several demanding management positions in the Savings Banks Group, OP Financial Group and Danske Bank.

    “We started the search process for the new CEO in June, and I am very pleased with its rapid progress and outcome. Karri Alameri is distinguished in the financial sector and enjoys broad trust. We especially appreciate his strong leadership skills in different operating environments and market situations. Karri is the best possible choice as the CEO, and I am glad that we can get a CEO like him to continue implementing the Company’s strategy towards the next phase. I warmly welcome Karri to OmaSp,” says Jaakko Ossa, Chairman of the Board.

    “OmaSp has skilled personnel and satisfied customers, and the bank has been able to find good growth areas. The flow of news has been exceptionally challenging in recent months, but I see that it is good to build the future success of OmaSp on the existing strengths and bring the bank back to a good growth and earnings track. I am excited to accept the position as the CEO of the largest savings bank in Finland”, tells Karri Alameri.

    A prerequisite for the appointment is that the Finnish Financial Supervisory Authority (FIN-FSA) has no objections to the appointment.

    Oma Savings Bank Plc

    Additional information:
    Jaakko Ossa, Chairman of the Board, tel. +358 40 044 0139
    Minna Sillanpää, CCO, tel. +358 50 66592, minna.sillanpaa@omasp.fi

    Distribution:
    Nasdaq Helsinki Ltd
    Major media
    http://www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 45 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    Attachment

    • Karri Alameri

    The MIL Network –

    January 23, 2025
  • MIL-OSI Asia-Pac: 2024 Industrial Parks Summit Forum unveils Taiwan’s New Direction for Industrial Parks.

    Source: Republic Of China Taiwan 2

    As global industrial competition intensifies, to enhance the competitiveness of Taiwan’s industrial parks, the Bureau of Industrial Parks (BIP) of the Ministry of Economic Affairs (MOEA) held the “2024 Industrial Parks Development Policy Summit Forum” on October 23, 2024. The forum brought together elites from central and local governments, academia, and industries to jointly explore how to promote comprehensive upgrades in park safety management through smart transformation and achieve sustainable economic development goals.
    The Director of BIP, Yang, Po-Keng, stated that the Industrial Park Policy Summit Forum has entered its 10th year, and this year’s forum is even more significant as it is the first held after the BIP’s reorganization under the MOEA. After the reorganization, the BIP now oversees 80 industrial parks nationwide. In the future, the BIP will strive to attract more enterprises to settle in the parks and provide more comprehensive value-added services.
    The Director also mentioned that many industrial parks are currently facing infrastructure aging. To address this, the BIP will actively seek funding from the Forward-looking Infrastructure Development Program to carry out major renovations of industrial zones. In addition, with more than 13,000 manufacturing companies operating in the parks, the BIP will assist businesses in developing research and sales capabilities. At the same time, The BIP will also accelerate the promotion of digital, intelligent, and AI-based production. Therefore, this forum focuses on the theme of ‘Smart, Safe, and Sustainable: Park Upgrades and Cross-Disciplinary Cooperation” to discuss the future development direction of Taiwan’s industrial parks and how to integrate hardware and software strategies to achieve the mission of smart, safe, and sustainable development.
    As one of the highlights of the forum, Lin, Chien-Yuan, the professor of National Taiwan University, delivered a speech titled “Industrial Park Development and Spatial Optimization Upgrades,” providing an in-depth analysis of the current state and future challenges of industrial park development. He emphasized that with the ever-changing demands of industries, industrial parks need to continuously innovate, focusing on spatial optimization and smart technology to meet future challenges. Following this, Zheng, Xiu-Rong, the Director of the Southern Taiwan Science Park Bureau of the National Science and Technology Council shared successful experiences in smart operations and investment environment optimization, noting that these experiences will serve as important references for the development of other parks.
    In the second half of the forum, discussions shifted toward how central and local governments can work together to promote the construction of smart parks. Lin, Rong-Chuan, the Director of the Tainan City Government’s Economic Development Bureau and Sheng Hsiao-Rung, the Deputy Director of the New Taipei City Government’s Economic Development Bureau each introduced their cities’ innovative initiatives in promoting smart parks. They emphasized that cooperation between local and central governments is key to unleashing the full potential of smart technology in park management and realizing sustainable industrial development.
    The forum concluded with insightful dialogues between representatives from industry and government on topics such as the application of smart technology in park management and the close connection between smart city construction and industrial parks. The participants unanimously agreed that close cooperation between central and local governments and the introduction of innovative technologies will be crucial to enhancing the competitiveness of Taiwan’s industrial parks in the future.
    The successful hosting of this forum demonstrated the BIP’s firm commitment to promoting smart and sustainable development. In the future, the bureau will continue to advance smart transformation policies, deepen cooperation between central and local governments, and lead Taiwan’s industrial parks to a more advantageous position on the global stage.

    Spokesman: Mr. Liu Chi Chuan (Deputy Director General, BIP)
    Contact Number: 886-7-3613349, 0911363680
    Email: lcc12@bip.gov.tw

    Contact Person: Luo, Fong-Ying (Industrial Parks Development Division, BIP)
    Contact Number: 886-7-361-1212 ext 121
    Email: luofeng@bip.gov.tw

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Australia: Police detect driver 56kmh over the speed limit in road work zone

    Source: Tasmania Police

    Police detect driver 56kmh over the speed limit in road work zone

    Monday, 30 September 2024 – 3:40 pm.

    A 42-year-old man from Newstead will face a 4-month disqualification from driving, has been issued with a $1,161.50 infringement notice and has had his vehicle seized after a silver Nissan X-trail was detected by police travelling at 96km/h in a sign posted 40km/h active road work zone on the East Tamar Highway at Long Reach this afternoon.
    Inspector Aleena Crack said that speeds such as this in active road work zones pose a significant risk of serious injury and death to road workers and other road users.
    “By targeting motorists travelling through roadworks we’re making sure the employees at those worksites get to go about their jobs in a safe environment,” she said.
    “In many cases, speeding in these sorts of areas is due to driver inattention.
    “We’ll continue to target this sort of behaviour to make sure people are getting the message about being safe on our roads.
    “Just a few seconds of distraction while you’re driving can have devastating results.
    “Pay attention, don’t speed and help us keep all road users safe.”

    MIL OSI News –

    January 23, 2025
  • MIL-OSI New Zealand: Pursuing passion for nursing by studying at EIT | EIT Hawke’s Bay and Tairāwhiti

    Source: Eastern Institute of Technology – Tairāwhiti

    4 mins ago

    Alisha Stanford, 18, is currently in her first year of the Bachelor of Nursing at EIT Hawke’s Bay.

    Driven by compassion, a Hawke’s Bay student is motivated to pursue her ambition of becoming a nurse by studying at EIT.

    Alisha Stanford, 18, who went to Napier Girls’ High School, was also attracted to studying the Bachelor of Nursing at EIT by the Year 13 scholarship on offer.

    The Year 13 Scholarship, which is offered annually by EIT, covers one year of tuition fees. The Scholarship supports school leavers across the Hawke’s Bay and Tairāwhiti regions to study any one of EIT’s degrees or selected level 5  diploma programmes that lead into a degree by providing one year FREE study. Students who live outside the region may be eligible for the scholarship in some programmes that are available nationwide.

    “I’ve had family members go through EIT, including nursing and they enjoyed their studies, all fulfilling their carer pathways now. I’ve always wanted to do nursing and see where it takes me.”

    “I also chose EIT for the convenience of staying local and because EIT offered me everything that I needed.”

    Currently in her first year at the EIT Hawke’s Bay Campus, Alisha is enjoying learning more about her chosen craft, and especially enjoyed her first year placement, which was at a Napier rest home. She will soon be going on her second placement at Te Whata Ora in Hastings.

    She says that she is hoping to eventually become a paediatric nurse at some stage, but was keeping her options open.

    “It’s all on the table. I’m very open-minded to where this nursing could take me, offering me endless opportunities, which I think is an attraction to nursing.”

    “I enjoy being in the lab and hearing the experiences of our lecturers. I’ve always been interested in how the body works and that side of biology.”

    EIT Bachelor of Nursing Lecturer Abby Davis says: “Alisha is a student of mine currently on her placement, and she has been absolutely fantastic, thoroughly enjoying her clinical time in the hospital.”

    “The nurses have genuinely appreciated working with her, noting her enthusiastic approach and dedication to her learning. She is hardworking and consistently ensures her patients receive the best nursing care.”

    “She has a passion for nursing encouraging other students with her positive attitude, leadership qualities and relationships with her classmates. Alisha is an excellent student, and I eagerly anticipate her bright future in nursing.”

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI: MSTX, The First Leveraged MicroStrategy ETF in the U.S. Surpasses $400 Million

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Sept. 30, 2024 (GLOBE NEWSWIRE) — Defiance ETFs, a leading provider of thematic and leverage-focused exchange-traded funds, is thrilled to announce that its MSTX ETF (Daily Target 1.75X Long MSTR ETF) has surpassed $400 million in assets under management (AUM). This milestone underscores the strong investor demand and confidence in the product’s innovative approach to offering amplified exposure to MicroStrategy Inc. (MSTR), a company known for its substantial Bitcoin holdings and cutting-edge data analytics solutions.

    Key Highlights:

    • Unprecedented Growth: The MSTX ETF’s rapid ascent to $400 million in AUM reflects investors’ growing interest in leveraged strategies and their desire to capitalize on the high volatility and significant movements in MicroStrategy’s stock.
    • Innovative Investment Strategy: MSTX offers 1.75x the daily performance of MicroStrategy’s stock, providing sophisticated investors with a powerful tool to enhance their exposure to the company’s dynamic market positioning. The ETF is designed for investors with a strong appetite for risk who seek the potential for amplified returns over short-term holding periods.
    • Market Demand: The strong reception of the MSTX ETF signals confidence in Defiance ETFs’ ability to meet market demand for targeted leverage exposure, particularly in the tech and cryptocurrency sectors. MicroStrategy’s strategic focus on Bitcoin has made it a popular choice among investors looking to gain exposure to the cryptocurrency market.
    • Strategic Timing: The launch of MSTX comes at a time when interest in both MicroStrategy and Bitcoin is surging, driven by the increasing institutional adoption of digital assets and the evolving landscape of corporate strategies centered around blockchain technology.

    “We are excited to see such strong early interest in the MSTX ETF, which validates our belief in the demand for specialized leveraged products that offer precise exposure to high-growth sectors,” said Sylvia Jablonski, CEO of Defiance ETFs. “The rapid growth of MSTX is a testament to our team’s ability to deliver innovative investment solutions that resonate with today’s investors.”

    About Defiance ETFs:
    Defiance ETFs is a leader in leverage-focused exchange-traded funds, providing innovative solutions designed for tactical traders and investors seeking amplified exposure to individual companies.

    For more information about the MSTX ETF or to explore Defiance ETFs’ full lineup of products, please visit defianceetfs.com.

    Media Contact:
    David Hanono
    Defiance ETFs
    Tel: 833.333.9383

    The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues a daily leveraged investment objective, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of its Underlying Security. The Fund is not suitable for all investors. The Fund is designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies. Investors who do not understand the Funds, or do not intend to actively manage their funds and monitor their investments should not buy shares of the Funds.

    About Defiance ETFs

    Founded in 2018, Defiance stands as a leading ETF issuer dedicated to income and thematic investing. Defiance also pioneers leveraged ETFs designed for traders seeking tactical opportunities.

    Our suite of first-mover leveraged & thematic ETFs empowers investors to express targeted views on disruptive innovations, including artificial intelligence, machine learning, and quantum computing, while our actively managed options ETFs are designed to seek current income.

    Important Disclosures

    The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read carefully before investing. A hard copy of the prospectuses can be requested by calling 833.333.9383.

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

    Investing involves risk. Principal loss is possible.

    There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

    Underlying Security Risk. The underlying security is subject to many risks that can negatively impact the Fund.

    Leverage Risk. Leverage may increase the risk of loss and cause fluctuations in the market value of the Fund’s portfolio to have disproportionately large effects or cause the NAV of the Fund generally to decline faster than it would otherwise.

    Derivatives Risk. Derivatives may be more sensitive to changes in market conditions and may amplify risks.

    Effects of Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from the Fund performance, before fees and expenses.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security, may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    MSTR Performance Risk. MSTR may fail to meet its publicly announced guidelines or other expectations about its business, which could cause the price of MSTR to decline.

    Bitcoin Risk. While the Fund will not directly invest in digital assets, it will be subject to the risks associated with Bitcoin by virtue of its investments in options contracts that reference MSTR.

    New Fund Risk. As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Fund’s market exposure for limited periods of time.

    New Fund Risk. As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Fund’s market exposure for limited periods of time.

    Brokerage Commissions may be charged on trades.

    MSTX is distributed by Foreside Fund Services, LLC.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/87922bbb-50cf-447b-a7be-657fcf4cde83

    The MIL Network –

    January 23, 2025
  • MIL-OSI Russia: NSU scientists took part in the conference “Yenisei Photonics” in Krasnoyarsk

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    The All-Russian scientific conference with international participation “Yenisei Photonics – 2024” was held at the Institute of Engineering Physics and Radioelectronics of the Siberian Federal University from September 16 to 20. It was attended by more than 300 scientists, students and postgraduates from Russian universities, as well as from new regions of Russia and the Republic of Belarus. The conference program included lectures by leading scientists, oral and poster presentations by researchers, postgraduates and students in the field of photonics. The conference was held with the support of the L. V. Kirensky Institute of Physics of the Siberian Branch of the Russian Academy of Sciences and the Scientific and Educational Center of Photonics and Optoinformatics of ITMO University.

    The conference participants, among whom were many young researchers, presented the results of theoretical and experimental research in several traditional areas of photonics at plenary and sectional sessions: creative photonics industries, new optical materials, coherent optics and nonlinear photonics, photonic crystals, metamaterials and topological phases, biophotonics. Attention was also paid to new areas of this science – artificial intelligence in photonics and quantum communications. 10 reports were presented by scientists from Novosibirsk State University and several institutes of the SB RAS: N.N. Vorozhtsov Institute of Organic Chemistry SB RAS, G.I. Budker Institute of Nuclear Physics SB RAS, Institute of Cytology and Genetics SB RAS, G.K. Boreskov Institute of Catalysis SB RAS, etc.

    The plenary and sectional sessions discussed the results of theoretical and experimental research in seven areas: “Artificial Intelligence in Photonics: Integration of AI and Photonics, Optical Recognition (Faces and Objects), Optical Computing, Self-Learning Optical Systems, etc.”; “Quantum Communications: Quantum Information Theory, Quantum Key Distribution, Quantum Optics, Quantum Entanglement, etc.”; “Creative Industries of Photonics: Applied Photonics, Optical Technologies, Optical Methods of Diagnostics of Matter, Optical Metrology, etc.”; “New Optical Materials: Crystals and Crystalline Solid Solutions, Glass, Optical Ceramics, Liquid Crystals, etc.”; “Coherent Optics and Nonlinear Photonics: Coherent Processes, Interaction of Light with Matter, Laser Physics, Nonlinear Optical Phenomena, etc.”; “Photonic crystals, metamaterials and topological phases: resonant and anisotropic photonic structures, nanophotonics, plasmonics, photovoltaic and photocatalytic effects, etc.”; “Biophotonics: emission, detection, absorption, scattering and generation of optical radiation in biological objects, use of light to obtain information about the state of biological objects, etc.”

    Katerina Kozlova, first-year master’s student at the Physics Department of NSU:

    — I gave a report entitled “Registration of the precession of the magnetic moment of rubidium atoms in the Earth’s magnetic field using an elliptically polarized light wave for applications in quantum magnetometry.” It presented experimental data concerning the development of a compact optical magnetometer (magnetic field sensor), which is being developed in our laboratory. This device will be able to measure the absorption of radiation by atoms in a magnetic field and determine its magnitude based on certain changes. The report described two magnetometer schemes: the Bell-Bloom scheme and its modification using elliptical polarization of radiation. The sensitivities of both schemes were assessed and magneto-optical resonances registered in the Earth’s magnetic field were presented.

    The conference left a very positive impression due to the large number of areas and the diversity of the works presented. I realized that I do not know much and am only just beginning to touch upon what modern optics and related areas are doing.

    Sofia Pudova, 4th year undergraduate student at the Physics Department of NSU:

    — Мой доклад был посвящен разработке методики анализа белков, полученных из биожидкостей, на основе спектроскопии комбинационного рассеяния света. Анализировались кондиционные жидкости после культивирования фибробрастов роговицы и модельные объекты — растворы яичного белка в среде DMEM. Были оптимизированы параметры эксперимента, что позволило детектировать белок с начальной концентрацией  >=1 mg/ml and distinguish the spectra of growth and conditioned media. A method for obtaining spectra and assessing the amount of proteins, if their concentration is less than 1 mg/ml, by precipitating them with trichloroacetic acid and adding lysozyme is also proposed.

    I would like to thank NSU for participating in funding this trip. This conference gave me the opportunity to listen to papers from different areas of photonics from speakers from all over Russia and practice presenting my own results. I received a lot of interesting, informative information that will be useful for my future scientific career.

    Anastasia Omelchenko, 5th year student of the Physics Department of NSU:

    — I gave a poster presentation on the study of living tardigrades using Raman spectroscopy. In the Laboratory of Condensed Matter Spectroscopy at the Institute of Automation and Electrometry of the Siberian Branch of the Russian Academy of Sciences, we develop methods that allow non-invasive and non-destructive study of complex biological systems, which we demonstrated at the conference using organisms such as tardigrades as an example.

    The conference left the most positive impressions – it is a wonderful location, a lot of interesting high-level reports and famous scientists who shared the latest scientific achievements with the participants. The conference featured about 300 reports covering modern issues and tasks of photonics – from quantum dot spectroscopy to phototherapy of diseases. In general, it was nice to see many familiar faces, and even nicer to make new promising acquaintances. As part of the conference, we also visited the laboratories of the L.V. Kirensky Institute of Physics SB RAS, where we were shown some of the best devices used in optical spectroscopy.

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

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

    http://vvv.nsu.ru/n/media/nevs/science/scientists-NSU-took-participation-in-the-conference-Yenisei-photonics-in-Krasnoyarsk/

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

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI Australia: Paramedics to work alongside emergency department teams in innovative new trial

    Source: New South Wales Government 2

    Headline: Paramedics to work alongside emergency department teams in innovative new trial

    Published: 30 September 2024

    Released by: Minister for Regional Health


    An innovative, 10-week trial starting today will see paramedics working alongside doctors, nurses and other healthcare professionals to improve access to care in regional healthcare settings.

    Mudgee Hospital’s emergency department (ED) will be the first in the state to participate in the Integrated Paramedic Workforce Model Pilot, which will see paramedics integrate into the multidiscplinary team within the ED and support existing staff to provide care.

    The trial will see up to three NSW Ambulance paramedics rostered on in the ED, in addition to the regular, full suite of ED staff at Mudgee.

    During the trial, triage will continue to be performed by a Registered Nurse in the ED, and hospital staff will inform patients if a paramedic is involved in their care.

    How a paramedic works with existing ED staff as part of the multidisciplinary team in treatment areas will depend on each patient’s individual needs.

    The trial, which was open to NSW Ambulance paramedics across the state, will demonstrate how paramedics may be able to complement existing workforces in healthcare settings, with a second rural health service participating in the pilot in the coming weeks.

    Quotes attributable to Minister for Regional Health Ryan Park:

    “Integrating paramedics into emergency departments is something which has been done effectively overseas, and this trial will give us insight into how it could be done in NSW to complement our regional health workforce.

    “Our EDs across NSW are grappling with unprecedented pressure, which is why the NSW Government is investing in a range of measures including creating alternative pathways to care, all with the goal of relieving our busy and stretched emergency departments.

    “Paramedics will provide additional support by working alongside our dedicated doctors, nurses and allied health teams to provide treatment, and improve access to care.

    “Attracting and retaining healthcare workers in regional settings is a longstanding challenge faced by every state and territory in Australia, and the NSW Government is committed to building a more supported regional health workforce through innovative initiatives like the Integrated Paramedic Workforce Model Pilot.”

    Quotes attributable to Labor Spokesperson for Dubbo Stephen Lawrence:

    “We know that regional and rural health services face unique pressures, and this trial is all about exploring innovative solutions.

    “This collaborative effort is an important step to see how we can improve access to care for patients in our regional communities.”

    Quotes attributable to WNSWLHD Chief Executive Mark Spittal:

    “As a large rural centre, the wide range of presentations we see at Mudgee Hospital will see paramedics utilise their extensive skillsets in the ED setting, within their scope of practice.

    “Clinical procedures have been rigorously reviewed and adjusted for the pilot. We have worked together with NSW Ambulance to investigate how and when paramedics will provide support, to ensure all patients receive appropriate care from appropriate staff.

    “Patients will know if a paramedic is involved with their care. Hospital staff will let patients know, but NSW Ambulance paramedics involved in the trial will also be in different uniforms to ED staff, making paramedics identifiable.”

    “This is an exciting opportunity for our award-winning ED team at Mudgee Hospital, and for our Local Health District as a whole. To be selected for this trial reflects our willingness and capability to support innovation which could help regional healthcare settings across NSW in the future.”

    MIL OSI News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Office of Licensing Authority of Home Affairs Department steps up enforcement actions against unlicensed guesthouses before National Day Holidays (with photo)

    Source: Hong Kong Government special administrative region

    Office of Licensing Authority of Home Affairs Department steps up enforcement actions against unlicensed guesthouses before National Day Holidays (with photo)
    Office of Licensing Authority of Home Affairs Department steps up enforcement actions against unlicensed guesthouses before National Day Holidays (with photo)
    ******************************************************************************************

         Before the National Day holidays, the Office of the Licensing Authority (OLA) of the Home Affairs Department has stepped up enforcement actions against unlicensed guesthouses and conducted an operation at Yau Tsim Mong District from September 24 to 26, inspecting premises which were suspected of operating unlicensed guesthouses, to ensure the safety of the lodgers as well as the general public.                A spokesman for the OLA said, “During the operation, the OLA carried out surprise inspections on seven premises which were suspected of operating an unlicensed guesthouse. The OLA will follow up on these cases and initiate prosecution on cases with sufficient evidence after completion of the investigation.”           The spokesman stressed, “Operating unlicensed hotels/guesthouses is a criminal offence and such an offence leads to a criminal record upon conviction. According to the Hotel and Guesthouse Accommodation Ordinance, an offender is liable to three years’ imprisonment and a maximum fine of $500,000. A fine of $20,000 for each day can also be imposed during which the offence continues. A six-month closure order may also be issued for an hotel/guesthouse involved in a repeated offence.”           Apart from conducting special operations during festive seasons, the OLA also steps up efforts to combat unlicensed guesthouses via online platforms. The OLA has strengthened its intelligence collection by forming a dedicated team to browse webpages, mobile applications, social media, discussion forums, etc, to search for information and intelligence on suspected unlicensed hotels/guesthouses. The OLA’s law enforcement officers will initiate follow-up investigations when information on unlicensed hotels/guesthouses advertised via online platforms is found. The OLA also conducts publicity work on Internet search engines outside Hong Kong to enable tourists’ access to the information provided by the OLA in the course of planning their trips to Hong Kong.           Tourists and members of the public can make use of the search functions on the OLA’s website to check whether the hotel/guesthouse concerned is licensed or not. Any suspected unlicensed hotel/guesthouse should be reported to the OLA by the hotline (Tel: 2881 7498), by email (hadlaenq@had.gov.hk), by fax (2504 5805), or through the mobile application “Hong Kong Licensed Hotels and Guesthouses”.

     
    Ends/Monday, September 30, 2024Issued at HKT 14:16

    NNNN

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Australia: Recent developments in employment law

    Source: Allens Insights

    The latest issues, decisions and proposed changes impacting business and workplace risk 5 min read

    Fair Work Act changes have now commenced

    By: Tarsha Gavin, Lawrence Mai, Ruby Evans

    Time to review contractual arrangements and processes

    As foreshadowed in our August Insight, the second tranche of changes introduced by the Closing Loopholes amendments commenced on 26 August 2024. Some of the key changes that are now in force include:

    The right to disconnect

    The new right permits an employee to refuse to respond to contact (or attempted contact) from their employer or third parties when that contact is made outside of their working hours, unless the employee’s refusal is unreasonable.

    Changes to the definition of employment

    The new definition of an employment relationship requires an assessment of the ‘real substance, practical reality and true nature of the working relationship’ (now known as the ‘whole of relationship’ test).

    Rights for independent contractors

    Contractors who earn above the contractor high income threshold of $175,000 are now eligible to voluntarily opt out of the new definition of an employment relationship (if it would otherwise apply to them). Those who opt out of the ‘whole of relationship’ test will instead be governed by the ‘start of relationship test’, which assesses what the parties agreed about the nature of their relationship.

    Casual employment changes

    A new definition of a ‘casual employee’ has been introduced, and a new ’employee choice’ process for conversion to permanent employment has also come into effect.

    Key takeaway

    As the latest tranche of legislative changes impact permanent employees, casual employees and contractors, it is important that employers review contractual arrangements and processes across their workforce to ensure they are compliant with the recent changes.

    For more information on the above amendments, see Closing Loopholes (No 2) Bill passes both houses of Parliament.

    New delegates’ rights clause in operation

    By: Sonia Millen, Sarah Lunny & Steve Hatzipavlis 

    Expect a rise in union activity

    Implementing a key Closing Loopholes amendment, all modern awards now include a workplace delegates’ rights clause.1 Newly made enterprise agreements must now also include an equivalent or more favourable clause.

    Key takeaways

    • From 1 July 2024, all modern awards contain a term that sets out the rights of workplace delegates (being workers elected or appointed by their union to represent the interests of union members and employees eligible to be union members) in a workplace.
    • Any enterprise agreements put to a vote post-1 July 2024 must contain a delegates’ rights term. If an enterprise agreement does not contain a delegates’ rights term or the proposed term is less favourable than the modern award term, the more favourable modern award term is taken to form part of the agreement.

    What does the new delegates’ rights clause say?

    In summary, the new delegates’ rights clause provides workplace delegates with the following rights:

    Category of right What does the clause say?
    Representation

    Workplace delegates may represent the interests of eligible employees who wish to be represented in matters including:

    • consultation about major workplace changes and changes to rosters or hours of work;
    • resolution of disputes and disciplinary processes;
    • enterprise bargaining; and
    • any process or procedure that eligible employees are entitled to be represented for under an award, enterprise agreement or workplace policy.
    Reasonable communication  Workplace delegates may communicate with eligible employees for the purpose of representing their industrial interests, including by discussing union membership and representation. Workplace delegates may communicate with eligible employees during working hours or work breaks, or before or after work.
    Reasonable access to the workplace and workplace facilities  Workplace delegates must be provided with access to, or use of, an appropriate room or area to hold discussions with eligible employees, a physical or electronic noticeboard, an electronic means of communication to communicate with eligible employees (including access to WiFi), a secure document storage area and various office facilities and equipment.
    Reasonable access to training  Subject to various conditions set out in the clause, employers must provide workplace delegates with access to up to five days of paid time during normal working hours to attend initial training related to the representation of industrial interests of eligible employees. Each subsequent year, the employer must provide at least one day of paid training time.

    How does this affect you?

    We expect that the new delegates’ rights term will result in increased union activity and involvement in a wide variety of workplace matters.

    To ensure your organisation is prepared for the changes, we recommend:

    • if your organisation is bargaining for a new enterprise agreement, reviewing the model delegates’ rights clause and considering whether it is appropriate to adopt the modern award term or bargain for a different term (noting that any term must be at least as favourable as the modern award term);
    • notifying employees and managers of the rights available to workplace delegates; and
    • reviewing current practices and considering whether to introduce a protocol to support consistent, reasonable and appropriate management of workplace delegates.

    Fair Work Commission alters flexible working arrangement

    By: Tegan Ayling, Anastasia Hatzisarantinos 

    Decision highlights the importance of articulating reasonable business grounds 

    In a recent decision, the Fair Work Commission (FWC) ordered an employee to work in the office one day per week, at the same time highlighting the importance of adequately explaining reasonable business grounds if an employer refuses a request.

    Key takeaway

    Employers should clearly outline their reasonable business grounds for refusing flexible working requests. This involves not only explaining the benefits to the employer’s proposed working arrangement, but also explaining how the approval of the working arrangement requested by the employee would be detrimental to the employer’s business.

    Background

    FedEx gradually introduced hybrid arrangements that involved employees working back in the office post COVID-19. From July 2023, employees were required to work in the office three days per week.

    FedEx refused an employee’s request to work from home three days per week to care for his two teenage children who have an intellectual disability and autism, and his wife who suffers a debilitating illness. However, it agreed that the employee could continue his existing arrangement to work in the office two days per week and two days from home. While that arrangement was in place, the employee was in practice working in the office one day per week, taking leave one day per week and working two days from home.

    In January 2024, the employee made another request to work entirely from home. FedEx sought further information from the employee and suggested alternative arrangements, but no agreement was reached. FedEx subsequently rejected the employee’s request, and he lodged a dispute with the FWC.

    Following conciliation, FedEx agreed to trial three days at home and one day in the office, but the employee never returned to the office.

    Decision

    Since the matter could not be resolved between the parties, the FWC ultimately ordered the employee to work in the office one day per week and allowed FedEx to also direct him to work in the office in specific circumstances. This included if the employee did not attend the office for two consecutive weeks, there were performance concerns or there were genuine operational requirements that required his attendance.

    In its decision, the FWC emphasised the importance of following proper process when responding to a request for flexible working arrangements. In particular, the FWC criticised FedEx for failing to sufficiently articulate its reasonable business grounds in rejecting the employee’s request. The grounds FedEx relied on during the proceeding had not been clearly articulated to the employee in FedEx’s refusal of his request.

    The FWC also took into account that the employee had not followed FedEx’s lawful and reasonable direction to return to the office, noting that employees are not entitled to a flexible working arrangement without an approved request. The employee’s actions to ‘avoid working in the office at all costs‘ before the flexibility request was decided was a factor in the FWC decision to permit FedEx to direct the employee to work in the office, including in the specific circumstances outlined above.

    Employer not required to produce investigation report under terms of enterprise agreement

    By: Tarsha Gavin, Sayomi Ariyawansa and Steve Hatzipavlis

    Confidentiality does not automatically prohibit provision of documents

    The Full Bench of the FWC ruled that Aurizon Operations Limited (Aurizon) was not required under the terms of its enterprise agreement to produce an investigation report to an employee following an investigation into their alleged misconduct.2

    Key takeaways

    • The FWC will consider the process set out in the relevant enterprise agreement when determining the requirements of natural justice and due process in relation to an investigation, and any subsequent process relating to the determination of a disciplinary outcome.
    • Even if an investigation is confidential, the requirements of procedural fairness include informing an employee of the substance of the adverse material against them so the employee can provide a response before findings are made.
    • A clause stating that an investigation is confidential does not necessarily prohibit an employer from providing a copy of an investigation report to the employee.

    Decision

    Following an investigation by Aurizon into allegations of misconduct by an employee, an investigation report was prepared outlining the substantiated conduct, and the employee was provided with an opportunity to put forward their submissions on the appropriate disciplinary outcome. The Rail Tram and Bus Union (RTBU) on behalf of the employee requested a copy of the investigation report for the purposes of making these submissions. This request was refused.

    The RTBU brought an application in the FWC claiming that Aurizon’s failure to provide the report breached the applicable enterprise agreement which relevantly provided the following terms:

    1. Process: any investigation that may lead to the disciplinary action against an employee must apply the principles of natural justice and due process, including the employee being made fully aware of allegations subject to an investigation and being provided with sufficient information to provide an informed response.
    2. Confidentiality: disciplinary inquiries and investigations shall be confidential.
    3. Disciplinary outcomes: following the investigation procedure, the employee may be subject to various disciplinary outcomes, following a process that includes providing the employee with a reasonable opportunity to provide reasons regarding what the appropriate disciplinary outcome should be.

    The RTBU alleged that the principles of procedural fairness, as set out in (a), required Aurizon to provide the investigation report to the employee to assist with the employee’s response in (c) concerning the disciplinary outcome. The RBTU also alleged there was no utility in keeping the investigation confidential as the employee was already aware of the complainant’s identity and allegations. Aurizon claimed that because of the confidentiality requirements, the Full Bench of the FWC could not order Aurizon to produce the report.

    The Full Bench of the FWC found that:

    • the confidentiality clause did not prevent Aurizon from providing a copy of the investigation report to a worker. If this were the case, Aurizon would be unable to provide information to the employee subject to the investigation as required by (a) and it would make the disciplinary regime unworkable. Rather, the confidentiality clause prohibited workers from disclosing information obtained during the investigation and prohibited Aurizon from disclosing investigation information to any person not involved during the inquiry.
    • at the point the RTBU sought the investigation report, the investigation process was complete, and Aurizon was at the stage of assessing the appropriate disciplinary outcome. At this point of the disciplinary process, there was no requirement in the enterprise agreement for Aurizon to apply the general principles of natural justice and due process outlined in (a), as these did not apply in the assessment of disciplinary outcomes outlined in (c). As such, Aurizon was not required to produce the investigation report.
    • natural justice and due process had not been afforded to the employee under (a), as the substance of the adverse material in the report was not put to the employee for their response during the investigation process. The Full Bench recommended that it would be prudent for Aurizon to re-open the investigation to put the substance of the report findings to the employee, but did not make an order to this effect as the grounds of appeal in the matter were limited to dealing with the production of the completed report.

    Employees retain redundancy pay because of move to ‘dusty, noisy and malodorous’ office 

    By: Sarah Lunny and Bella Busby

    Connection between redundancy pay and alternative employment 

    After accepting that an employer had obtained ‘acceptable alternative employment’ for two former employees, the FWC allowed the two employees to keep 30% of their redundancy pay because of the inferior quality of their new office space.3

    Key takeaways

    • Employers can apply to the FWC to vary the amount of redundancy pay that would otherwise be payable to an employee under the Fair Work Act 2009 (Cth) (FW Act) if the employer obtains other acceptable employment for the employee. The FWC has a broad discretion to vary redundancy pay to an amount it considers appropriate, including reducing the amount payable to zero.
    • Even if an employer has arranged a new role for a former employee, the FWC may determine that the employee is entitled to receive part of their redundancy pay entitlement if there is a difference in working conditions between the employee’s previous role and the new one.

    Background

    An employer in the recycling industry made an application to the FWC to reduce the redundancy pay entitlements of two administrative employees after the employer arranged comparable roles with another recycling business. Both office-based employees had been made redundant after the original employer’s business suffered a significant downturn, resulting in 100 employees being laid off.

    Both employees argued that their redundancy pay entitlements should not be reduced because the new roles the employer had arranged for them did not constitute acceptable alternative employment, including because:

    • the new employer had a less professional, more ‘blue collar’ work culture than the previous workplace; and
    • the new office was noisier and dirtier than their previous workplace, as it was physically attached to the recycling facility, where trucks would enter and unload rubbish several times a day.

    After comparing each employee’s role with the new employer to their role with the old employer, the FWC decided that both employees had been provided with ‘other acceptable employment’ because the work and conditions were sufficiently similar to those of their previous employment, even if there were some factors that made the new jobs less attractive to the employees.

    In considering whether to reduce the employees’ redundancy pay, the FWC weighed the ‘significant effort’ the employer had made to obtain other acceptable employment for the employees against ‘the disadvantage of the quite different work environment’ at the new employer. The FWC ultimately decided to reduce each employee’s redundancy pay by 70%, allowing each employee to keep 30% of their redundancy pay in consideration of the ‘marked difference’ between performing their administrative work in an office attached to a recycling warehouse compared to previously working in an office removed from the actual process of recycling.

    Resurrecting the dead: breathing life into a zombie agreement

    By: Andrew Wydmanski and Samuel Jackson

    Extensions remain viable during ongoing bargaining of enterprise agreements

    The Full Bench of the FWC has extended the default period of a ‘zombie agreement’, for a second time, rejecting the employer’s request to transition employees onto the Social, Community, Home Care and Disability Services Industry Award 2010 (SCHADS Award) while bargaining for a new agreement was ongoing.4

    Key takeaways

    • The FWC is open to extending the life of zombie agreements during enterprise bargaining if it considers that extending the agreement would ‘minimise disruptions or changes to terms and conditions’ and where it might be expected that ‘a replacement agreement will be reached in the near future’.
    • Employers covered by a zombie agreement that has been extended by the FWC should prepare for the possibility that the FWC may grant further extensions if bargaining for a new enterprise agreement is ongoing.

    Background

    A ‘zombie agreement’ is an old industrial workplace agreement made before the commencement of the FW Act. Under the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022 (Cth), all zombie agreements were set to automatically end on the ‘default period’ of 7 December 2023, unless an application was made to the Commission to extend it.

    In September 2023, the Health Service Union (HSU) made an extension application in respect of the Kirinari Community Services Ltd Hume Riverina Branch Certified Agreement 2006-2008 (Agreement). The Full Bench of the FWC decided it was reasonable to extend the operation of the Agreement to 6 April 2024.

    The HSU again applied under the Fair Work (Transitional Provisions and Consequential Amendments) Act 2009 (Cth) (Transitional Act) to extend the default period of the Agreement, this time until 6 December 2024.

    The employer, Kirinari Community Services Ltd (Kirinari), opposed the HSU’s application on the basis that:

    • from an administrative and payroll perspective, it would be more efficient and fairer for all of its employees to be covered by the SCHADS Award;
    • the terms of the SCHADS Award would provide employees with greater flexibility should they wish to work in Kirinari’s operations outside of the Hume Riverina region; and
    • given that bargaining for the new enterprise agreement was based on the SCHADS Award, transitioning remaining employees to the SCHADS Award would mean all employees would be familiar with rostering arrangements and other terms and conditions of the SCHADS Award.

    The Commission rejected Kirinari’s arguments, finding that moving employees from the Agreement to the SCHADS Award at a time when a replacement agreement was expected to be reached in the near future could disturb current bargaining.

    The Commission considered that more progress should have been made since its decision in September last year. It also noted that the parties had not sought the Commission’s assistance to finalise the replacement enterprise agreement. As a result, the Commission was satisfied that it was appropriate to extend the default period for a further four months.

    Former manager awarded $1.5 million following unlawful summary dismissal

    By: Anthony Hallal and Matt Stark 

    Penalties can be severe for breaches of the general protections regime

    The Federal Circuit and Family Court of Australia (FCFCA) recently ordered an employer to pay a former manager over $1.5 million after summarily dismissing him in breach of the general protections regime in the FW Act and their employment contract.

    Key takeaway

    This case is a recent example of the substantial damages that can be awarded under the general protections regime where employees have been found to be unlawfully terminated.

    Background

    An employee of Laing O’Rourke Australia Management Services Pty Ltd (LOA), Mr Haley worked for LOA and other companies in LOA’s group for over 15 years. From 2018 he was the Commercial Team Leader in charge of cleaning up bushfire-damaged properties from the previous Christmas period (Bushfire Project).

    In early July 2020, Mr Haley and other LOA employees invited their colleagues to a property LOA was leasing while working on the Bushfire Project for a social event. Following noise complaints from neighbours, the owners of the property attended twice, which culminated in a verbal altercation between the LOA employees and the owners (the Incident).

    LOA subsequently conducted an investigation into the Incident, following which Mr Haley had a show cause meeting with LOA. Later in July 2020, Mr Haley was summarily dismissed by LOA on the basis that he had engaged in serious misconduct. Specifically, LOA alleged that Mr Haley had lied in the course of the investigation, and that Mr Haley’s conduct during the Incident breached LOA’s policies in a manner that ’caused imminent and serious risk to the reputation of [LOA]’.5

    The FCFCA decided that LOA had not established it was entitled to summarily dismiss Mr Haley from his employment. Further, LOA had taken adverse action by summarily dismissing Mr Haley in circumstances where it could not establish Mr Hayley’s complaints and inquiries in relation to his employment were not a reason for his dismissal.6

    Decision on damages

    Following this finding that Mr Haley had been unlawfully terminated, the most recent decision7 of the FCFCA concerned the assessment of damages to which Mr Haley was entitled.

    LOA was ordered to pay Mr Haley a sum of more than $1.5 million in respect of the summary dismissal, accounting for Mr Haley’s:

    • loss of income up to the date of judgment;
    • present value of Mr Haley’s loss of future income until March 2025 (accounting for likely promotions/pay increases throughout this period);
    • relocation costs back to the UK after the termination of his employment;
    • break fees for car rental and lease agreements; and
    • an amount of $50,000 for Mr Haley’s hurt, distress and humiliation.

    MIL OSI News –

    January 23, 2025
  • MIL-OSI: NNIT A/S: ATP choses NNIT as new supplier of business-critical SAP system

    Source: GlobeNewswire (MIL-OSI)

    As referred to in the Company Announcement 05/2024, Interim Financial Report Q2 2024 on August 26, NNIT was close to signing a large important strategic contract. NNIT has entered into a contract with ATP (Udbetaling Danmark) for the delivery of their critical SAP Debtor system. Udbetaling Danmark is the authority responsible for the collection, disbursement, and control of a number of public benefits. – e.g., state pension and housing benefits.

    The contract will initially run for six years with the possibility to extend twice for a two-year period. The contract was tendered by ATP at an estimated value of DKK 240 million incl. options, ad hoc solutions made to order and infrastructure operations to be delivered by a subcontractor.

    Kasper Søndergaard Andersen, Senior Vice President of Region Denmark, says “We are exceedingly pleased to have won the project for the delivery of ATP’s Debtor system. Public digitalization is a strategic focus area in NNIT, and we are energized by the significant task of ensuring the continued welfare in Denmark. With this Debtor delivery, we are building on our long-standing relationship with ATP, and we will also have the opportunity to bring our recently fortified SAP business to the table and begin the substantial task of modernizing SAP”.

    The contract has no implications for NNIT’s financial guidance for the full-year of 2024.

    For more information, please contact:

    Investor Relations
    Carsten Ringius
    EVP & CFO
    Tel: +45 3077 8888
    carr@nnit.com

    Media Relations
    Tina Joanne Hindsbo
    Media Relations Manager
    Tel: +45 3077 9578
    tnjh@nnit.com

    ABOUT NNIT

    NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and private sectors in Denmark.

    We focus on high complexity industries and thrive in environments where regulatory demands and complexity are high.

    We advise on and build sustainable digital solutions that work for the patients, citizens, employees, end users or customers.

    We strive to build unmatched excellence in the industries we serve, and we use our domain expertise to represent a business first approach – strongly supported by a selection of partner technologies, but always driven by business needs rather than technology.

    NNIT consists of group company NNIT A/S and subsidiaries SCALES, Excellis Health Solutions and SL Controls. Together, these companies employ more than 1,700 people in Europe, Asia and USA. Read more at http://www.nnit.com.

    Attachment

    • NNIT_Investor News_ATP

    The MIL Network –

    January 23, 2025
  • MIL-Evening Report: Snakes are waking up. What should you do if you’re bitten? And what if you’re a long way from help?

    Source: The Conversation (Au and NZ) – By Hamish Bradley, Adjunct Lecturer, Anaesthetist and Aeromedical Retrieval Specialist, The University of Western Australia

    RugliG/Shutterstock

    From the creeks that wind through inner city Melbourne to the far outback in Western Australia, snake season is beginning.

    Over the cooler months snakes have been in state of brumation. This is very similar to hibernation and characterised by sluggishness and inactivity. As warmer conditions return both snakes and humans become more active in the outdoors, leading to an increased likelihood of interaction. This may happen when people are hiking, dog-walking or gardening.

    The risk of being bitten by a snake is exceptionally small, but knowing basic first aid could potentially save your, or another person’s, life.

    When a snake bites

    Snake bite envenomation (when venom enters the blood stream) is a significant issue in Australia, with 3,000 cases annually and an average of two deaths.

    Snake bite should always be treated as a life-threatening emergency, and if you are bitten in rural or remote Australia, you will often receive an air medical emergency pick up to a regional or metropolitan hospital for advanced care.

    The effects of snake bites vary, depending on the species of snake and first aid measures undertaken.

    Australian standard first aid guidelines include:

    • calling for help (dialing 000 or activating an emergency beacon)
    • applying a pressure immobilisation bandage
    • resting.

    Why pressure is important

    Snake venom is carried within the lymphatic system. This is a collection of tiny tubes throughout the body that return fluid outside of blood vessels back to the blood stream.

    Muscles act as a “pump” to help the fluid move through this system. That’s why being still, or immobilisation, is vital to slow the spread of venom.

    A firm pressure immobilisation bandage, applied as tight as you would for a sprained ankle, will compress these tubes and help limit the venom’s spread.

    Ideally bandage the entire limb on which the bite occurred and apply a splint to help further with immobilisation. It is very important that the blood supply to the limb is not limited by this bandage.

    Never attempt to capture or kill the snake for identification. This risks further bites and is not required for specialist care. The decision about when to give antivenom (if any) is based on the geographical location, symptoms, the results of blood tests and discussion with a toxicologist.

    The tyranny of distance

    People living in rural and remote locations may also have limited access to health care, including access to ambulance services, snake bite first aid such as bandages and splints, and to antivenom.

    Availability and the prompt use of antivenom have been identified as crucial factors in the effective treatment of snake envenomation – but not studied in detail.

    Over one year (as a component of a larger three-year study) we collected information on the pre-hospital care and in-flight care with the Royal Flying Doctors Service Western Operations.

    During this time, 85 people from regional, rural, remote and very remote Western Australia were flown by Royal Flying Doctor Service to hospital for suspected or confirmed snake bites. Reassuringly, only five of these patients (6%) ultimately received a toxicologist’s diagnosis of envenomation.

    To move or not to move?

    Troublingly, 38 (45%) of the 85 snake bite victims continued to move around and be active following their suspected snake bite. This raises questions about whether people lack knowledge of first-aid guidelines, or whether this is a consequence of being isolated, with limited access to health care.

    Either way, our as-yet-unpublished research highlights the vulnerability of Australia’s rural and remote people. All patients eventually received a pressure immobilisation bandage, with an average time from bite to application of 38 minutes. Three quarters of the patients made their way to health-care site by foot, or private car, arriving on average 65 minutes after the bite.




    Read more:
    Breakthroughs and setbacks on the hunt for a universal snakebite antivenom – podcast


    Rest and compression with a bandage are vital elements of snakebite first aid.
    Microgen/Shutterstock

    What needs to change?

    Our results indicate rural and remote Australians need innovative health-care solutions beyond the metropolitan guidelines, particularly when outside ambulance service areas.

    Basic snake bite first aid education needs to be not only reiterated but also a pragmatic approach is required in these geographically isolated locations. This would involve being vigilant, staying safe and, when isolated, always carrying emergency technology to call for help.


    The authors wish to acknowledge the efforts required through this research project as it continues, including by Fergus Gardiner, Kieran Hennelly, Rochelle Menzies, James Anderson, Alex McMillan and John Fisher. Hamish Bradley is an Aeromedical Retrieval Specialist and Principal Investigator in this project.

    Alice Richardson receives funding from NHMRC.

    Breeanna Spring is affiliated with Australian College of Midwives, Australian College of Nursing.

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

    – ref. Snakes are waking up. What should you do if you’re bitten? And what if you’re a long way from help? – https://theconversation.com/snakes-are-waking-up-what-should-you-do-if-youre-bitten-and-what-if-youre-a-long-way-from-help-234365

    MIL OSI Analysis – EveningReport.nz –

    January 23, 2025
  • MIL-OSI Asia-Pac: Missing woman in Sheung Shui located

    Source: Hong Kong Government special administrative region

    Missing woman in Sheung Shui located
    Missing woman in Sheung Shui located
    ************************************

         A woman who went missing in Sheung Shui has been located.     Cheung Ching-man, aged 35, went missing after she was last seen at Luen Wo Hui on September 9 morning. Staff of a caring home made a report to Police on the next day (September 10).     The woman was located near Kwai Foo Road, Kwai Chung, this afternoon (September 30). She sustained no injuries and no suspicious circumstances were detected.

     
    Ends/Monday, September 30, 2024Issued at HKT 14:44

    NNNN

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Russia: Young scientists from the State University of Management completed an internship at the largest agricultural holding in Russia

    MILES AXLE Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    From September 23 to 27, employees of the State University of Management – technician of the Reverse Engineering Laboratory Dmitry Taldykin and specialist of the Business Incubator Artem Podgorny – completed an internship in the Krasnodar cluster of the largest agricultural holding in Russia “STEPPE” as part of the flagship educational project of the Charitable Foundation “Sistema” “Lift to the Future”.

    The internship allowed young specialists to immerse themselves in the production processes of the agricultural holding, become familiar with advanced technologies in the field of agricultural mechanization and collect the necessary theoretical and methodological base for conducting scientific research.

    The GUU employees studied the design of modern harvesting combines and took part in the harvesting of agricultural crops, gaining practical experience working with high-tech equipment. In addition, young scientists tested and adjusted a self-propelled sprayer, studying the operating principles of modern precision tillage systems.

    Special attention was paid to the processes of mechanized harvesting, sorting, packaging and storage conditions of products, including temperature and humidity control to ensure long-term preservation of freshness of vegetables and fruits. In addition, the university representatives visited the machine and tractor station for technical maintenance and repair of equipment and the central warehouse of spare parts, which allowed them to assess the scale of the agroholding’s activities and see with their own eyes the process of technical maintenance of the machine and tractor fleet.

    On the final day of the internship, the young scientists visited the head office of the STEPPE agroholding in Rostov-on-Don, where they were told about the work of unmanned aerial vehicles used for spot irrigation of gardens. The GUU employees studied the methods of setting up UAV geolocation and got acquainted with the software used to automate the irrigation process in order to save water resources in the conditions of intensive gardening.

    The head and curator of the practice was the head of the service station of the agroholding “STEPPE” Ivan Bulgakov. With his active participation, demonstration tests were organized, during which young scientists of the State University of Management not only got acquainted with the advanced equipment of the agroholding, but also had the opportunity to see the work of the latest agricultural machinery in real conditions.

    The State University of Management expresses gratitude to the Sistema Charitable Foundation and personally to the President of the Foundation Larisa Pastukhova for organizing the internship at the STEPPE agroholding. The theoretical and practical knowledge gained in the field of agricultural mechanization will help young specialists of the State University of Management in their future professional and scientific activities.

    Subscribe to the TG channel “Our GUU” Date of publication: 09/30/2024

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

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

    Young scientists from the State University of Management completed an internship at the largest agricultural holding in Russia

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

    MIL OSI Russia News –

    January 23, 2025
  • MIL-OSI: Change to the Executive Management Committee

    Source: GlobeNewswire (MIL-OSI)

    30 September 2024 | SAINT HELIER, Jersey – CoinShares International Limited (“CoinShares” or “the Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), Europe’s leading alternative asset manager specialising in digital assets, today announced changes in the composition of the Executive Management Committee.

    Graeme Dickson, Group General Counsel, has resigned to pursue other opportunities and as a result, has been removed from the Executive Management team of the Company with effect from the date of this announcement.

    The Chief Executive Officer, supported by the wider Executive Management team, will carefully consider the options for a successor and will provide further details to the market, when available.

    About CoinShares

    CoinShares is Europe’s leading alternative asset manager specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. The firm is headquartered in Jersey, with offices in France, Stockholm, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority.  CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

    The MIL Network –

    January 23, 2025
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