NewzIntel.com

Category: Transport

  • MIL-OSI Africa: Egypt’s fears about Ethiopia’s mega-dam haven’t come to pass: moving on from historical concerns would benefit the whole region

    Source: The Conversation – Africa – By Mike Muller, Visiting Adjunct Professor, School of Governance, University of the Witwatersrand

    A new round of angry exchanges has broken out between Egypt and Ethiopia over the Grand Ethiopian Renaissance Dam (GERD).

    On September 1, Cairo wrote to the UN security council to protest against Ethiopia’s continued filling of Africa’s second largest reservoir and bringing two more power generating turbines into operation. Egypt sees any new infrastructure development on the Nile as a potential threat, since the river is the source of over 98% of the country’s water.

    Egypt calls this a violation of international law and Ethiopia’s obligations to “prevent significant harm”. Ethiopia’s policies, it says,

    could result in an existential threat to Egypt … and would consequently jeopardise regional and international peace and security.

    Ethiopia has told Egypt to “abandon its aggressive approach” towards the dam. Ethiopia says that it must allow the Blue Nile’s water to flow through the dam’s turbines and on to Egypt to generate the hydropower for which it has been built, thus guaranteeing the overall flow to Egypt.

    I have tracked the Nile disputes since the 1970s, first as a development journalist, then as a civil engineer and senior public servant. More recently, my research on water and regional integration for regional development agencies has provided further insights. My 2021 study considered the lessons to be learnt for today’s water challenges from centuries of the use and management of Nile waters.

    Read more: Innovations on the Nile over millennia offer lessons in engineering sustainable futures

    Ongoing tension between Egypt and Ethiopia over control of the Nile River has a long history. Therefore, in one sense, the row between Egypt and Ethiopia is nothing new.

    The countries went to war as far back as 1874, even as they both were also battling European colonialism. Ethiopia won the war of 1874 and, 20 years later, beat back Italy’s attempt to colonise it, at the battle of Adwa.

    However, Egypt gained long term advantage from treaties negotiated by the British, which gave Cairo almost total control over the Nile. Egypt is still asserting the rights and privileges conferred by those colonial era treaties even though they are being challenged by other Nile countries. In my view, this is because Egyptians are still trapped by their past fears. As Norwegian professor Torje Tvedt has explained, these fears were deliberately entrenched by past colonial authorities.

    With these perspectives, my view is that the current controversy over the Ethiopian dam still reflects historical conflicts rather than a careful analysis of present challenges.

    Now 90% complete, the Grand Ethiopian Renaissance Dam has begun to generate electricity. A series of good rainy seasons have allowed the reservoir to start filling rapidly without affecting Egypt’s water availability.

    The Grand Ethiopian Renaissance Dam offers not just cheap green electricity for Ethiopia and the sub-region as well as reliable irrigation supplies and flood control for Sudan. Once filled, its storage could offer supply security and increase the amount of water available for Egypt as well.

    The Grand Ethiopian Renaissance Dam

    What, then, are the issues that have prompted Egypt’s recent protests and what are the possible solutions to the problems raised?

    The immediate technical challenge is to continue filling the dam without disrupting flows to Sudan and Egypt. The filling process might have to be interrupted if there is a regional drought. So recent developments, notably the greater focus on the rate at which the dam will be filled rather than the legality of its construction, suggest that there is a shift in positions which neither side is yet willing to acknowledge publicly.

    This shift will be supported when other future-focused issues are raised. For instance, there must be negotiations about the supply of electricity to support Sudan’s irrigation expansion, although this is on hold due to the war in Sudan. In the longer term, Egypt, Sudan and Ethiopia could cooperate to use the GERD’s storage to help Egypt to manage its Aswan High Dam more efficiently. Aswan currently suffers very high evaporation losses, which could be reduced if its reservoir levels were better controlled. The GERD could help to do this.

    Unfortunately, the history of colonial Britain repeatedly threatening to cut Egypt’s Nile water supplies has been deeply imprinted in Egyptian public consciousness. It is understandable that Egyptians still fear a similar threat from Ethiopia. The responsibility now falls on Ethiopia to show good faith in its operation of the dam and to work with Egypt to change the combative discourse.

    Potential for cooperation

    Egypt’s repeated complaints have alerted Ethiopia and international organisations of the need to act carefully. If there is another regional drought, Ethiopia will need to slow the rate at which it completes filling its dam. Informal liaison structures are monitoring the situation and such a response would help to build a more constructive engagement with Egypt.

    Water is a patient teacher. Every season provides an opportunity for those who live with its natural cycles to understand it better. The hope is that, if the three countries experience the benefits of some seasons of the dam’s operation, the natural cycle will reveal the potential for cooperation and mitigate the conflict.

    Read more: Sudan’s catastrophe: farmers could offer quick post-war recovery, if peace is found

    When peace returns to Sudan, the Grand Ethiopian Renaissance Dam will enable a vast expansion of irrigation to develop its role as a regional breadbasket. The dam will also help to manage Nile floods which regularly cause death and destruction, even to Sudan’s capital, Khartoum.

    Efforts to promote cooperation between the East African countries that share the White Nile have been relatively successful. However, such cooperation on the Blue Nile will need much greater trust between the parties. To achieve this trust, the countries and their people will have to overcome centuries of cultural and political preconceptions. This will require much patient work and interaction, which is not easy in the current climate.

    – Egypt’s fears about Ethiopia’s mega-dam haven’t come to pass: moving on from historical concerns would benefit the whole region
    – https://theconversation.com/egypts-fears-about-ethiopias-mega-dam-havent-come-to-pass-moving-on-from-historical-concerns-would-benefit-the-whole-region-239418

    MIL OSI Africa –

  • MIL-OSI Europe: ASIA/CHINA – The memory of the Jesuit Martino Martini still opens up paths of encounter and dialogue

    Source: Agenzia Fides – MIL OSI

    by Marta Zhao and Laura Gomez RuizHangzhou (Agenzia Fides) – China, the city of Hangzhou and the Chinese Catholic community have never forgotten Father Martino Martini.The great Jesuit missionary, appreciated by the emperors and welcomed at the court of the Qing Dynasty, was born in Trento, Italy, 410 years ago, on September 20, 1614. Even today, his story and his testimony arouse unexpected sympathy.As part of the celebrations organized by the Italian Embassy in Beijing for the 700th anniversary of the death of the traveler and merchant Marco Polo, the theme “In the footsteps of Marco Polo: Martino Martini” presented for the first time a series of important Italian personalities who, at different times and in different capacities, contributed to the dissemination of knowledge about China in the West.The Chinese President Xi Jinping has publicly expressed his appreciation for Martino Martini. In an article published in the daily newspaper Corriere della Sera on March 20, 2019, on the eve of his official visit to Italy, Xi Jinping described the Jesuit as a pioneer of the group of Italian sinologists who “have played a bridging role in relations between China and Europe, starting with Martino Martini’s first grammar of the Chinese language written for the West.”In Italy, the Martino Martini Study Center, based in Trento, now publishes, among other things, the biannual magazine “Sulla Via del Catai” on cultural relations between Europe and China.In the city of Hangzhou, a park bearing his name has been created around his mausoleum. Protected by the Zhejiang Provincial Cultural Heritage Authority, the site has become a kind of sanctuary for Chinese Catholics. The mausoleum, which is currently being restored, houses the remains of 15 famous Jesuit missionaries who ended their earthly lives near the beautiful Xizi Lake. Among them are Father Prospero Intorcetta (1626-1696), Father Nicolas Trigault (1577-1629), Father Lazaro Cattaneo (1560-1640) and Father Emmanuel Diaz (1574-1659).In 2018, an exhibition on the cartographic work of Martino Martini was inaugurated at the headquarters of the China-Italy Center in Hangzhou to celebrate the 375th anniversary of the arrival of the great missionary in that city (see Fides, 13/6/2018).The Catholic community of Hangzhou had organized an academic conference in 2010 to mark the 350th anniversary of the construction of the cathedral. Six well-known academics from Chinese universities and researchers working with Catholic institutions such as the Faith Institute for Cultural Studies (FICS) and the Guang Qi Press of the Diocese of Shanghai presented joint studies on the life and mission of the Jesuit in the presence of the Italian Consul in Shanghai. The legacy of Martino Martini was presented as “a strong impulse for today’s mission, so that it fulfills its mission with his sense of missionary responsibility, his courage and his dedication” (see Fides, 22/1/2010).The affection and veneration shown to the figure of Martino Martini are proportional to the intensity with which he lived his time and dedicated his life to proclaiming the Gospel in China.Martino Martini was born in Trento on 20 September 1614. In 1631 he entered the Society of Jesus as a novice. After studying at the Roman College under the influence of his mentor, the German Jesuit Athanasius Kircher, he entered the Eastern mission in 1640, traveling by ship from Lisbon in Portugal via Goa in India (November 1640) to Macao in China, where he arrived in August 1642. The following year he was sent to mainland China, thus beginning his legendary journey of cultural exchange between China and Europe. He wrote the first Western Chinese grammar and related works that contributed to cultural exchange, bridged the gap between China and Europe, and had a lasting influence on the emergence and development of Sinology in Italy.The period of his stay in China, during the Ming and Qing dynasties, was a time of great social unrest. The Jesuits, who had built good relations with influential sections of Chinese society and the political hierarchy, were worried about the development of the situation. The Chinese name they chose, Wei Kuangguo, encompassed all his good wishes: it indicated the will to defend and support the country and the desire for peace and prosperity in the world.But the unrest and conflict in China also divided the Jesuits and the Spanish mendicant orders and even infiltrated the Society of Jesus itself. The controversy over the Chinese translation of the divine name and the possibility that the new Christians should continue to practice the cult of the dead according to Chinese culture did not subside, but reached an intensity that even Martini could not contain, both inside and outside the order. An issue that was to shape the rest of his life.His travels and his writing formed the common thread in the second half of his life. During the first eight years of his stay in China (1643-1650), Martini traveled between the two capitals and to Hangzhou and Jinhua in Zhejiang. In the fourth year of Shunzhi’s reign (1647), Martino Martini, with the help of Zhu Shi, a parishioner of Lanxi in Zhejiang, wrote the “Qiu You Zhuan” (Treatise on Friendship, Hangzhou, 1661), which was based on the humanist thought already developed by the other Jesuit Matteo Ricci in his work of the same name, the first written in Chinese by the Italian Jesuit from Macerata.The southern part of Zhejiang, where Martino Martini was, was a region where Spanish monks also worked. He agreed with the information given by his confrere Matteo Ricci and was well aware of the differences with the Spanish Cistercians on the question of Chinese rites. In addition, the Spanish Dominican Juan Bautista Morales (1597-1664) had already traveled to Rome to express his objections to the Jesuits’ attitude in this dispute. When the Jesuit mission in China decided to send a representative to Europe to explain the situation from their point of view, the choice fell on Martino Martini.In 1651, the Jesuit traveled to Europe to defend the position of the Society of Jesus on the issue of Chinese rites. Thanks also to his good offices, in 1656 the Holy See issued an edict in favor of the Jesuits.During his travels in Europe, Martino Martini published three works in Latin: “De Bello Tartarico Historia”, “Novus Atlas Sinensis” and “Sinice Historia Decas Prima” (of which he also announced the publication of the sequel). These works were the most systematic, thorough and effective representations of China circulating in Europe at the time.In 1657 he returned to China and continued his mission in Hangzhou, where he completed the construction of the Church of the Redeemer in 1661 and died on June 6 of the same year at the age of 47. (Agenzia Fides, 24/9/2024)
    [embedded content]
    Share:

    MIL OSI Europe News –

  • MIL-OSI Europe: AMERICA/PERU – Bilingual education for indigenous peoples: lack of teachers and adequate infrastructure

    Source: Agenzia Fides – MIL OSI

    Tuesday, 24 September 2024

    Iquitos (Agenzia Fides) – “We need authorities to defend the rights of girls, boys and young people of indigenous peoples, because they cannot continue to be excluded,” says Mariluz Canaquiri, a member of the indigenous people of the “Kukama Kukamiria” in the Peruvian Amazon, who complains about the decline in education among indigenous peoples.”The authorities do not care about the education of indigenous children, there is no adequate infrastructure and not enough bilingual teachers to teach them in our language,” says Canaquiri, who is also president of the women’s rights organization “Federation of Kukama-Kukamiria Women”.Intercultural bilingual education (IBE) is one of the educational policies in the South American country of 33 million inhabitants and 55 recognized indigenous peoples, four from the Andes and 51 from the Amazon.According to the results of the latest National Evaluation of Learning Outcomes (ENLA) published by the Ministry of Education, only 5.6 percent of fourth-grade elementary school students (10 and 11 years old) in IBE institutions in the Amazon region achieved the expected results. “There is no bilingual intercultural education here,” Canaquiri said. “How are they supposed to learn when our identity, our culture, our way of seeing the world are not taken into account in any way in the curriculum, and in logistical conditions where the school building is an area covered by branches and tree trunks in unbearable heat,” she noted in a statement to an international non-governmental organization.Although the first policy in favor of indigenous students was launched in 1972, more than half a century ago, it has always received little interest from the State, even though IBE is one of their individual and collective human rights. “They hire teachers because they speak Quechua, Shipibo, Asháninka or the equivalent, but when they go to school they do not apply the IBE. Sometimes they teach only in Spanish, sometimes they speak the children’s mother tongue, but everything else they read and write in Spanish,” reported one analyst.There are 24,000 schools affiliated to the IBE throughout the country, where most reinforce the students’ native language and teach them Spanish. Education policies try to ensure that the school population of indigenous peoples is bilingual and has oral and written skills, but studies by local researchers show that success is becoming increasingly limited.Despite this precarious situation, a small school in the rural community of Accollya, in the municipality of Soccos, almost 3,400 meters above sea level, in the province of Huamanga, one of the 11 provinces of Ayacucho, stands out positively. In the Andean department, affected by an internal armed conflict that Peru experienced between 1980 and 2000, the school is supported by an NGO and has a single teacher with 33 years of experience, but who has always been actively committed to bilingual intercultural education through training and in-depth courses. “I work in Spanish from Monday to Thursday and in Quechua on Fridays, using the notebooks that the ministry provides us for each subject,” says the teacher, who teaches ten students in first, second and third grade, aged six to eleven. “The response from the children is very good, from the first grade they learn to read and write, now it is September and the youngest can already read. That is the advantage of teaching different classes, because they motivate each other,” stressed the teacher.Also significant is the important contribution of the Catholic Church in the Amazon region in the field of education and health, where it has often taken the place of the State. Hundreds of missionaries have been true promoters of respect for human dignity throughout history. Religious and lay people from dozens of countries have sacrificed their lives in the most remote places to make the Amazon a place of coexistence and respect for the dignity and rights of all, especially the most vulnerable, largely indigenous peoples.Other initiatives to promote learning and the establishment of school libraries in these areas include the commitment of the “yachacs”, the wise men of the community, who hold intergenerational meetings and encourage reading among students and their families.The indigenous school population is estimated at 1.2 million nationwide, with the vast majority coming from the Quechua (700,000) and Aymara (300,000) peoples from the Andean areas of the country and the rest from Amazonian language groups such as Asháninka, Shipibo Konibo, Awajún and others.The Kukama Kukamiria people live mainly in the department of Loreto, the largest in the Peruvian Amazon. According to the Ministry of Culture, the population of the communities of the Kukama Kukamiria people is estimated at 37,053. Of these, 1,185 have declared that they speak the Kukama Kukamiria language, which represents 0.02% of the total number of indigenous languages in the country. (AP) (Agenzia Fides, 24/9/2024)
    Share:

    MIL OSI Europe News –

  • MIL-OSI USA News: FACT SHEET: Biden-⁠ Harris Administration Accomplishments at the United  Nations

    Source: The White House

    Since his first day in office, President Biden has been committed to restoring American leadership at the United Nations. Our world today faces many challenges that no one country can or should confront alone. But when the United States shows up and leads at the UN, we can rally global action to tackle problems that affect us all. That is why the Biden-Harris Administration has worked tirelessly at the UN to advance American values, safeguard human rights for all, and address conflict and instability. Alongside our allies and partners from around the world, we have worked with UN agencies to tackle the climate crisis, shape our digital future, and fight poverty and disease.

    At a time of increasing geopolitical challenges and growing global needs, strong and effective American leadership at the UN is more critical than ever. The Biden-Harris Administration has worked to strengthen American leverage at the United Nations, uphold the UN Charter, and keep human rights at the core of the organization. Without robust American engagement, our competitor nations would gain leverage to advance their interests and values at our expense.

    The Biden-Harris Administration has also been committed to reforming and adapting the UN to the needs of the 21st century. For example, President Biden announced a new U.S. openness to expanding the membership of the UN Security Council, including permanent seats for Africa and Latin America. The UN is not a perfect organization, but given the scale of today’s challenges, the world needs global institutions that are more inclusive and effective.

    Over nearly four years, the Biden-Harris Administration’s leadership at the UN has delivered results for the American people. At the UN, we have:

    Responded to Threats to International Peace and Security

    • After Russia’s 2022 full-scale invasion of Ukraine, we worked at the UN to build support for Ukraine’s sovereignty and hold Russia to account. We rallied 141 countries in the UN General Assembly to condemn Russia’s violations of international law. We used UN Security Council debates to shine a spotlight on Russia’s illegal war and atrocities. We pressed the UN General Assembly to kick Russia off the UN Human Rights Council. We isolated Russia by denying it senior UN appointments and preventing its election to UN bodies.
    • Responding to the security situation in Haiti, we partnered with Ecuador to obtain UN Security Council authorization of a new Kenyan-led Multinational Security Support mission.
    • Working with African partners, we secured a UN Security Council decision to create in December 2023 a new mechanism to largely fund future African Union-led Peace Support Operations from the UN-assessed budget.
    • Following the horrific October 7 Hamas terrorist attacks on Israel, we defended at the UN Security Council Israel’s right to defend itself and demanded the release of hostages. Also in the Security Council, we called for increased humanitarian assistance to Gaza and established a new UN mechanism to improve aid coordination. In July 2024, we secured Security Council endorsement of President Biden’s plan for a ceasefire and hostage release deal.
    • As the Sudan conflict worsened, we mobilized action in the UN Security Council, including the adoption of a resolution in June 2024 demanding an end to the siege of El Fasher.
    • Responding to concerns that Russia intended to deploy nuclear weapons in space, we and Japan proposed a UN Security Council resolution calling on countries not to develop such weapons.
    • In 2022, we partnered with Ireland at the UN Security Council to reform, expand and strengthen humanitarian exemptions for UN sanctions.
    • Working with the United Kingdom, we secured adoption of the first-ever UN Security Council resolution condemning the February 2021 military coup in Burma.

    Protected and Upheld Universal Human Rights

    • We rejoined the UN Human Rights Council in 2021, enabling the United States to once again lead multilateral efforts to hold accountable human rights violators worldwide.
    • We issued a standing invitation to all UN thematic human rights monitors to visit the United States and assess our human rights record at home. In contrast to authoritarian governments, this invitation showed that a confident democracy is willing to have its record scrutinized and receive advice on strengthening rights protections for its citizens.
    • We pressed for the release of a landmark report from the Office of the UN High Commissioner for Human Rights on human rights violations against Uighurs in China.
    • We worked in the UN Human Rights Council to establish a new Special Rapporteur on Human Rights in Russia to examine Moscow’s crackdown on dissent at home and a Commission of Inquiry on violations and abuses in Russia’s war against Ukraine.
    • We restored American leadership at the UN in defending the human rights of LGBTQI+ individuals around the world. This included participating in high-level meetings of the Core Group of countries advocating for LGBTQI+ rights, including a September 23 meeting where the First Lady represented the United States. We also secured the renewal of the mandate of the UN’s Independent Expert on Sexual Orientation and Gender Identity and urged the UN to release its first-ever organization-wide strategy on LGBTQI+ rights, co-sponsoring the first-ever Human Rights Council resolution on the rights of intersex persons, and convening the second-ever informal UN Security Council meeting on the rights of LGBTQI+ individuals.
    • We spotlighted egregious human rights violations by North Korea, including by organizing the first briefing of the UN Security Council on North Korea human rights since 2017.
    • We helped establish mechanisms through the UN Human Rights Council to investigate human rights violations and abuses in Ethiopia, Sudan, and Nicaragua.
    • We worked at the UN to advance the global fight against antisemitism, including to ensure 36 countries and four multilateral organizations joined the U.S.-led Global Guidelines for Countering Antisemitism. In 2023, we convened a UN meeting on antisemitism with Second Gentleman Doug Emhoff and, in 2022, a roundtable at UNESCO.  
    • We advanced the UN’s work to promote racial equality, including by championing the inaugural session of the Permanent Forum on People of African Descent. We co-sponsored a UN General Assembly resolution designating July 25 as International Day of Women and Girls of African Descent.
    • We engaged seriously with the human rights treaty body process, including through periodic reports about our domestic human rights record to the Human Rights Committee and the Committee on the Elimination of Racial Discrimination.
    • Reaffirming support for the UN Declaration of the Rights of Indigenous Peoples, we pressed for enhanced participation of Indigenous Peoples throughout the UN system. In 2022, Ambassador (ret.) Keith Harper, the first-ever Senate confirmed U.S. ambassador from a federally-recognized tribe, was elected to the UN’s Permanent Forum on Indigenous issues.  
    • We supported efforts in the UN General Assembly to advance discussion of a proposed convention on the prevention and punishment of crimes against humanity.  
    • After assuming the presidency of the UN Convention against Corruption (UNCAC), we hosted the UNCAC conference in Atlanta, Georgia in 2023, with approximately 2,600 delegates, including an unprecedented 1,000 from civil society.

    Advanced Gender Equity and Equality

    • We restored American leadership in pressing at the UN for the rights of women and girls, advancing their inclusion in societies, and supporting strong language in UN resolutions and at the Commission on the Status of Women on sexual and reproductive rights.
    • The January 2021 Presidential Memorandum on Protecting Women’s Health at Home and Abroad restored life-saving funding to the UN Population Fund (UNFPA).
    • We announced that the United States will contribute for the first time to the UNICEF–UNFPA Global Program to End Child Marriage.
    • Following the Iranian regime’s killing of Mahsa Amini and crackdown on protestors, we helped establish a new UN Fact-Finding Mission to investigate human rights abuses. We spearheaded efforts to remove Iran from the Commission on the Status of Women.
    • In 2024, we reaffirmed the U.S. commitment to the 1994 International Conference on Population and Development Program of Action.
    • We launched the Global Partnership for Action on Gender-Based Online Harassment and Abuse, which included actions at the UN to address online safety for women and girls.

    Shaped Our Digital Future, Promoted Labor Rights, and Tackled Synthetic Drugs

    • We sponsored the first-ever UN General Assembly resolution outlining principles for the responsible use of artificial intelligence (AI). This landmark resolution helped define a global consensus on safe, secure and trustworthy AI systems for advancing sustainable development.
    • We hosted events at the UN on misuses of new technologies, such as countries using commercial spyware to surveil dissidents and journalists.
    • We worked at the International Labor Organization (ILO) to empower workers worldwide and joined the ILO’s Equal Pay International Coalition to share best practices to close the gender wage gap.
    • At the first Summit for Democracy in 2021, we announced the Multilateral Partnership for Organizing, Worker Empowerment and Rights (M-POWER), an initiative working with governments, trade unions, labor support, civil society organizations, and philanthropy to uphold and promote workers’ trade union rights around the world.
    • In coordination with the UN Office of Drugs and Crime (UNODC), we launched and hosted at the UN high-level meetings of the Global Coalition to Address Synthetic Drug Threats and secured adoption of a UN General Assembly resolution to enhance international action to fight such drugs.

    Strengthened Global Health Cooperation, Advanced Sustainable Development, and Bolstered Climate Action

    • We redoubled efforts to support implementation of the UN’s Sustainable Development Goals, launching a U.S. Strategy on Global Development to accelerate progress and mobilizing $150 billion of U.S. funding and billions more from the private sector, philanthropic, and other donor resources.
    • In 2021, we reversed the previous administration’s decision to withdraw from the World Health Organization (WHO), enabling the United States to shape the WHO’s work on global health and reform. With the WHO, we led the global response to the COVID-19 pandemic by launching the COVID-19 Global Action Plan and donating nearly 700 million vaccine doses to 117 countries.
    • We hosted the Global Fund to Fight AIDS, Tuberculosis and Malaria’s 7th Replenishment in 2022, resulting in more than 75 governments, foundations, and corporations delivering pledges totaling a record $15.67 billion.
    • We worked at the UN to advance universal health coverage, continue the fight against tuberculosis and mpox, and combat global antimicrobial resistance (AMR), including to push countries for commitments on AMR that are bold, aspirational, and implementable.
    • We focused attention at the UN on addressing global food insecurity, repeatedly using the U.S. presidency of the UN Security Council to focus on the nexus between food security and conflict. We hosted at the UN ministerial-level meetings to generate new commitments to expand agricultural capacity and respond to famine with over 100 partner countries.
    • U.S. Representative to the UN Ambassador Thomas-Greenfield and Secretary of the Interior Deb Haaland co-led the U.S. delegation to the 2023 UN Water Conference, where they announced more than $49 billion towards water security both at home and abroad.
    • In 2024, Secretary Haaland co-led the U.S. delegation to the Fourth International Conference on Small Island Developing States (SIDS4), where we announced new efforts to enhance our partnerships with SIDS.
    • After rejoining the Paris Agreement, we galvanized efforts at the UN to combat climate change, raising global climate ambition through countries’ enhanced national contributions, accelerated action to reduce pollution and greenhouse gas emissions, forward-leaning decisions at annual UN Climate Change Conferences, and major initiatives for ocean-climate action catalyzed by the annual Our Ocean Conference.
    • Former Special Presidential Envoy for Climate John Kerry and Senior Advisor for International Climate Policy John Podesta have helped lead an all-out effort, including critical agreements at the UN Climate Change Conference COPs 26 and 28 to partner with countries to accelerate climate efforts worldwide and reduce global emissions sufficiently to limit warming to 1.5° Celsius. 
    • We advanced efforts within the International Civil Aviation Organization, the International Maritime Organization, and other multilateral organizations to reduce greenhouse gas pollution from the aviation, shipping, and other sectors.

    Strengthened American Presence at the United Nations

    • After a five-year absence, we rejoined the UN Education, Scientific, and Cultural Organization (UNESCO). This allowed us to partner with UNESCO to combat the scourge of antisemitism, support global Holocaust education, promote journalist safety, safeguard Ukrainian cultural heritage, bolster ethical uses of AI, and advance science education for girls in Africa.
    • We led robust campaigns resulting in the election of U.S. citizens to key UN positions, including Doreen Bogdan-Martin as Secretary-General of the International Telecommunication Union (ITU), Amy Pope as Director-General of the International Organization for Migration (IOM), and Sarah Cleveland as Judge on the International Court of Justice (ICJ).
    • We supported the appointments of highly qualified Americans to lead UN agencies, such as Ambassador Cathy Russell as Executive Director of UNICEF, Ambassador Cindy McCain as Executive Director of the World Food Program, and Ian Saunders as Secretary-General of the World Customs Organization.
    • Co-chairing the UN Accessibility Steering Committee, we worked to make UN headquarters in New York more accessible for all delegates, including construction of a 24/7 entrance for wheelchair users and the installation of a lift so everyone can address the General Assembly from behind the official rostrum.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: ICYMI: Murphy Administration Releases Innovative 2024 Statewide Water Supply Plan to Modernize Water Policy and Enhance Climate Resilience

    Source: US State of New Jersey

    TRENTON – Kicking off Climate Week, Environmental Protection Commissioner Shawn M. LaTourette today announced the release of the final 2024 New Jersey Statewide Water Supply Plan, which for the first time assesses water supply challenges resulting from climate change and offers climate resilience solutions. Climate Week provides an opportunity for the public to learn about the many ways climate change is threatening the planet and the steps that can be taken to become more resilient and mitigate its impacts.

     

    The water supply plan concludes that, under normal conditions and in most regions, New Jersey has adequate volumes of source water supply and is well-positioned to address water supply challenges as long as the state continues to take actions to mitigate the threats of climate change, aging infrastructure and emerging contaminants.

    “The Statewide Water Supply Plan plays a critical role to inform local water supply management decisions by presenting the newest science to better prepare us for the challenges brought on by our changing climate,” said Commissioner LaTourette. “In addition to upgrading our aging infrastructure, a healthy water supply is dependent on constant reevaluation of how we can use water more efficiently to protect it for future generations.”

    Consistent with the state’s comprehensive approach to making New Jersey resilient to the worsening impacts of climate change, the 2024 plan seeks to assess the threats of climate change to the state’s water supply. Of particular concern are temperature, precipitation, and sea-level changes, which will significantly impact water quantity, where and when it is available, and its quality. The plan also examines how emerging contaminants may impact water supply.

    “New Jersey’s climate is changing. From increased temperatures to sea-level rise, these climate impacts can pose a threat to our water supplies if not properly addressed by proactive planning, management, and permitting,” said State Geologist Steven Domber. “By conducting comprehensive monitoring that factors in climate impacts such as increased temperatures, we can develop models and identify trends that will help local water users make informed decisions to ensure New Jerseyans have access to reliable and safe supplies of water now and in the future.”

    A 60-day public comment period followed the release of the draft plan on February 26, 2024. The DEP then held two public meetings (one in-person and one virtual) and reviewed and incorporated comments from those meetings before finalizing the plan. Both the plan and a summary response to comment report are available at dep.nj.gov/water-supply-plan.

    The DEP has also developed a new interactive website that outlines key information from the plan for specific audiences, including residential users, water professionals and others to summarize key plan topics, such as climate change and environmental justice. The website can be found at dep.nj.gov/water-supply-plan/storymap. The site will be updated as additional data and plan updates become available.

    Water Supply Planning

    The Water Supply Management Act (N.J.S.A. 58:1A-13) directs the DEP to prepare the New Jersey Statewide Water Supply Plan, analyze water supply data, examine associated risks, study projections, and make recommendations for effective management of the state’s water supplies.

    The initial version of the plan was adopted in 1982 and updated in 1983, 1985, 1987, 1991, and 1993. Major revisions occurred in 1996 and 2017. The 2024 plan will be updated again in five years, but some aspects may be revised sooner.

    The plan must carry out its assessments and recommendations from both statewide and regional perspectives to pursue comprehensive management addressing the diversity of water supply issues faced in different areas of New Jersey.

    Drafted to align with the DEP’s related water regulations and policies, the plan provides guidance for state and regional groups making decisions concerning water supply. One of the primary goals of the plan is to put forward defined, actionable steps that the DEP can take to ensure water supplies are sufficient, in quality and quantity, to meet existing and future needs.

    Water Supply Challenges Assessed

    New Jersey has repeatedly faced a confluence of water resource challenges that have tested both infrastructure and responsiveness. Extremely low precipitation and streamflow in summer 2022 led the DEP to declare a Drought Watch, the first in more than six years. During the same period, aging infrastructure failed, resulting in massive water main breaks; water systems were required to address sources contaminated with per- and polyfluoroalkyl substances (PFAS), and harmful algal blooms were worsened by extremely warm temperatures. Additional challenges occurred in 2023, with four months experiencing near record temperatures and the state having its wettest December on record.

    The combination of these challenges in 2022 and 2023 severely tested the resilience of New Jersey’s management of water resources. Such conditions are expected to persist or worsen in the future, requiring the DEP and its partner institutions to delicately balance the management of water resources by carefully administering planning, regulatory, investment and incident response initiatives.

    Recommended Action Areas

    The availability of surface water, unconfined groundwater, and confined aquifers, the use of which varies geographically, was modeled to investigate potential shortages. Although not evenly distributed throughout the state, total natural water resource availability (including reservoirs) remains about the same as the 2017 New Jersey Statewide Water Supply Plan determined. However, current and forecasted use did change, and a few regions showed potential shortages. The plan provides details and recommendations to address these areas.


    To meet requirements and ensure that New Jerseyans continue to have ample, reliable, and safe supplies of water now and in the future, the following action areas are covered in the plan, with greater detail on each found in Chapter 8, and elsewhere throughout the plan:

    • Hydrologic Data, Monitoring, Models, and Assessments: The availability of long-term and real-time hydrologic datasets are critical pieces of information the DEP uses to quantify trends, characterize current conditions, and to build and calibrate models. This information is used to ultimately make informed decisions and to update future water supply plans.
    • Climate Change – Water Availability Research and Modeling: This plan and its recommendations benefit from the availability of sound and reliable climate change science. This science continues to evolve, and the DEP will remain committed to monitoring new developments, with a particularized focus on the regional and local impacts of climate change upon New Jersey and its natural resources. As new and additional climate change data becomes available, it will be utilized to improve DEP water supply models and monitoring methods to more effectively mitigate and manage climate change impacts to water resources.
    • Climate Change – Infrastructure Resilience Recommendations: The DEP develops recommendations and establishes criteria to improve the resilience of water infrastructure and mitigate the adverse impacts of climate change upon the state’s water supply, including through actions to reform relevant DEP policies, protocols, statutes, or regulations pertaining to water infrastructure assessments and modifications.
    • Regional and Statewide Water Supply Planning and Protection: Water supply planning is a critical element to ensure that the state continues to have adequate supplies of acceptable quality to meet all current and future needs, and to balance human uses with ecological needs. Regional and statewide planning is adaptive and evolves as new information becomes available or issues emerge. The plan prioritizes regions of New Jersey where future planning efforts should be focused.
    • Water Policy Modernization: The DEP is obligated and empowered to improve and protect water supply resources and water system infrastructure to ensure water availability and the delivery of safe drinking water to homes and businesses. In some cases, the federal and state laws and regulations that give rise to these obligations are fit for modernization to better position the state and its water providers to confront new and evolving water supply challenges.
    • Asset Management and Resilience: Maintenance and improvement of infrastructure is key to effective and successful water supply management, and critical to ensure the state has access to clean and plentiful drinking water. Proper asset management can reduce water incidents and emergencies, limit disruptions to customers, and reduce long-term costs.
    • Policies and Priorities for Efficient Water Use: The plan identifies key policy priorities for the DEP as it continues to regularly re-evaluate new technologies and research to ensure the responsible and efficient use of the state’s water resources.
    • Public Outreach: DEP is committed to continuing public education and engaging with people and communities it serves on key water supply issues and initiatives.
    The DEP’s Our Water’s Worth It campaign works to draw attention to the importance of clean water in our lives, from drinking water to supporting vibrant ecosystems and health places for recreation. An important focus of the campaign is educating the public on reducing potential lead exposure in drinking water.

    NEW YORK, NY — The U.S. Climate Alliance, a bipartisan coalition of 24 governors representing approximately 60 percent of the U.S. economy and 55 percent of the U.S. population, today launched the Governors’ Climate-Ready Workforce Initiative to grow career pathways in climate and clean energy fields, strengthen workforce diversity, and jointly train 1 million new registered apprentices by 2035 across the Alliance’s states and territories.

    Today’s announcement was made at a Climate Week NYC event featuring Alliance co-chairs New York Governor Kathy Hochul and New Mexico Governor Michelle Lujan Grisham, founding member Washington Governor Jay Inslee, and White House National Climate Advisor Ali Zaidi.

    “In New York, we’re showing how climate action and economic growth go hand-in-hand,” said New York Gov. Kathy Hochul. “As a co-chair of the U.S. Climate Alliance, I’m proud to be collaborating with states, industry leaders, labor unions, higher education and community organizations to create the jobs of the future required to build a clean, equitable, and resilient economy. A skilled and well-prepared workforce will drive innovation, create new businesses, and ensure a sustainable, resilient future for our country.”

    “We need a climate-ready workforce — from EV technicians and heat pump installers to solar panel manufacturers — to meet our carbon reduction goals,” said New Mexico Gov. Michelle Lujan Grisham. “The Executive Order I’m issuing today in conjunction with the Alliance’s new Workforce Initiative will help ensure that workers from all backgrounds have access to the skills and training needed for high-quality, climate-ready jobs across New Mexico.”

    “We’re aligning our ambitious climate policies with workforce development to have 1 million more workers poised to take these good-paying, union jobs that serve our communities and strengthen our economies,” said Washington Gov. Jay Gov. Inslee. “These are economy-wide jobs, not just in clean energy but building trades, land management, clean technology and more. Climate Alliance states have a track record of meeting our ambitious goals and that momentum continues today.”

    “Under President Biden and Vice President Harris’s leadership, we are bringing down the barriers to economic opportunity, lowering costs for American families, and catalyzing a renaissance of American-made manufacturing that is creating jobs across America. In fact, just last year, we added over 250,000 new American energy jobs — with clean energy jobs growing twice as fast as the rest of the sector,” said White House National Climate Advisor Ali Zaidi. “Governors across America are at the forefront of our efforts to spur growth in union jobs, expand American energy production, and invest in the economic success of our communities. Today’s announcement will help capitalize on our momentum to create a climate-ready workforce that is rebuilding our nation’s infrastructure, communities, and industrial strength.” 

    The Initiative’s launch comes as historic federal investments, combined with ambitious state climate action, have unleashed a significant expansion of good-paying and union jobs in climate-ready fields — with millions more anticipated in the coming years under the Biden-Harris administration’s Inflation Reduction Act and Infrastructure Investment and Jobs Act. This includes high-quality jobs not only in clean energy and clean technology sectors — such as wind, solar, electric vehicles, energy efficiency, and batteries — but also in fields associated with climate resilience and natural climate solutions.

    Under this Initiative, Alliance states and territories will collaborate to collectively support 1 million new workers in completing Registered Apprenticeship programs across the coalition by 2035. These programs, registered with the U.S. Department of Labor or federally approved State Apprenticeship Agencies, provide an especially valuable and proven career pathway, empowering workers to earn while they learn in key climate-ready occupations and industries.

    Alliance members will also advance a series of collective goals aimed at strengthening and expanding pathways into a wide variety of climate-ready professions critical to building a clean, equitable, and resilient net-zero future. The Initiative’s goals include boosting job quality and ensuring climate-ready employment pathways lead to good-paying, high-quality jobs; expanding opportunities for workers from underrepresented and underserved communities; and promoting the use of stackable and portable credentials in climate-ready fields to build transferable skills, support reskilling and upskilling, and strengthen workers’ economic mobility. A full list of the Initiative’s goals can be found here.

    Finally, to advance sector-specific strategies, Alliance members will work together through new multi-state cohorts focused on in-demand, climate-ready fields. These cohorts will provide a platform for states and territories to increase collaboration, share evidence-based practices, engage experts and stakeholders, and develop sectoral workforce solutions that can be scaled across the country. Cohorts to be launched in the Initiative’s first year will focus on careers in the following areas:

    • Clean Energy, Fuels, and Technologies: Led by Michigan and New Jersey, this cohort will focus on careers in the design, construction, and maintenance of a clean, affordable, and resilient power system; the manufacturing and deployment of zero-emission vehicles and technologies; and the development and distribution of alternative, low-carbon fuels.
    • Clean Buildings and Industry: Led by Maine and Massachusetts, this cohort will focus on careers in the engineering, design, construction, retrofitting, maintenance, and operation of buildings and industrial processes that are clean, energy-efficient, healthy, and resilient.
    • Resilient Communities and Lands: Led by Arizona and Vermont, this cohort will focus on careers in the development and maintenance of safe, livable, and resilient communities; preparedness for and response to climate impacts such as extreme heat, wildfires, severe storms, flooding, and drought; and the deployment of natural climate solutions and climate-smart stewardship of our lands and waters. 

    The Initiative will be led by Alliance states and territories with support from the Alliance’s Secretariat. In implementing the Initiative, Alliance members will customize efforts to meet their individual needs and challenges, while working together to achieve the collective goals. States and territories will also collaborate directly with their workforce development system partners, labor unions, higher education institutions, industry, and other key partners that bring substantial expertise and experience in this work.

    This Initiative builds on a number of federal-state collaborations between the Alliance’s members and the Biden-Harris Administration, including a White House convening with Alliance governors’ offices in May focused on creating good-paying jobs and mobilizing a diverse workforce in climate and clean energy.

    Additional information on the Governors’ Climate-Ready Workforce Initiative can be found here.

    MIL OSI USA News –

  • MIL-OSI USA: Bowman, Recent Views on Monetary Policy and the Economic Outlook

    Source: US State of New York Federal Reserve

    Good morning. I would like to thank the Kentucky Bankers Association for the invitation to join you today for your annual convention.1 I appreciate the opportunity to share my views on the U.S. economy and monetary policy before we engage on community banking issues and other matters affecting the banking industry.
    In light of last week’s Federal Open Market Committee (FOMC) meeting, I will begin my remarks by providing some perspective on my vote and will then share my current views on the economy and monetary policy.
    Update on the Most Recent FOMC MeetingIn order to address high inflation, for more than two years, the FOMC increased and held the federal funds rate at a restrictive level. At our September meeting, the FOMC voted to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent and to continue reducing the Federal Reserve’s securities holdings.
    As the post-meeting statement noted, I dissented from the FOMC’s decision, preferring instead to lower the target range for the federal funds rate by 1/4 percentage point to 5 to 5‑1/4 percent. Last Friday, once our FOMC participant communications blackout period concluded, the Board of Governors released my statement explaining the decision to depart from the majority of the voting members. I agreed with the Committee’s assessment that, given the progress we have seen since the middle of 2023 on both lowering inflation and cooling the labor market, it was appropriate to reflect this progress by recalibrating the level of the federal funds rate and begin the process of moving toward a more neutral stance of policy. As my statement notes, I preferred a smaller initial cut in the policy rate while the U.S. economy remains strong and inflation remains a concern, despite recent progress.
    Economic Conditions and OutlookIn recent months, we have seen some further progress on slowing the pace of inflation, with monthly readings lower than the elevated pace seen in the first three months of the year. The 12-month measure of core personal consumption expenditures (PCE) inflation, which provides a broader perspective than the more volatile higher-frequency readings, has moved down since April, although it came in at 2.6 percent in July, again remaining well above our 2 percent goal. In addition, the latest consumer and producer price index reports suggest that 12‑month core PCE inflation in August was likely a touch above the July reading. The persistently high core inflation largely reflects pressures on housing prices, perhaps due in part to low inventories of affordable housing. The progress in lowering inflation since April is a welcome development, but core inflation is still uncomfortably above the Committee’s 2 percent goal.
    Prices remain much higher than before the pandemic, which continues to weigh on consumer sentiment. Higher prices have an outsized effect on lower- and moderate-income households, as these households devote a significantly larger share of income to food, energy, and housing. Prices for these spending categories have far outpaced overall inflation over the past few years.
    Economic growth moderated earlier this year after coming in stronger last year. Private domestic final purchases (PDFP) growth has been solid and slowed much less than gross domestic product (GDP), as the slowdown in GDP growth was partly driven by volatile categories including net exports, suggesting that underlying economic growth was stronger than GDP indicated. PDFP has continued to increase at a solid pace so far in the third quarter, despite some further weakening in housing activity, as retail sales have shown further robust gains in July and August.
    Although personal consumption has remained resilient, consumers appear to be pulling back on discretionary items and expenses, as evidenced in part by a decline in restaurant spending since late last year. Low- and moderate-income consumers no longer have extra savings to support this type of spending, and we have seen loan delinquency rates normalize from historically low levels during the pandemic.
    The most recent labor market report shows that payroll employment gains have slowed appreciably to a pace moderately above 100,000 per month over the three months ending in August. The unemployment rate edged down to 4.2 percent in August from 4.3 percent in July. While unemployment is notably higher than a year ago, it is still at a historically low level and below my and the Congressional Budget Office’s estimates of full employment.
    The labor market has loosened from the extremely tight conditions of the past few years. The ratio of job vacancies to unemployed workers has declined further to a touch below the historically elevated pre-pandemic level—a sign that the number of available workers and the number of available jobs have come into better balance. But there are still more available jobs than available workers, a condition that before 2018 has only occurred twice for a prolonged period since World War II, further signaling ongoing labor market strength despite the reported data.
    Although wage growth has slowed further in recent months, it remains indicative of a tight labor market. At just under 4 percent, as measured by both the employment cost index and average hourly earnings, wage gains are still above the pace consistent with our inflation goal given trend productivity growth.
    The rise in the unemployment rate this year largely reflects weaker hiring, as job seekers entering or re-entering the labor force are taking longer to find work, while layoffs remain low. In addition to some cooling in labor demand, there are other factors likely contributing the increased unemployment. A mismatch between the skills of the new workers and available jobs could further raise unemployment, suggesting that higher unemployment has been partly driven by the stronger supply of workers. It is also likely that some temporary factors contributed to the recent rise in the unemployment rate, as unemployment among working age teenagers sharply increased in August.
    Preference for a More Measured Recalibration of PolicyThe U.S. economy remains strong and core inflation remains uncomfortably above our 2 percent target. In light of these economic conditions, a few further considerations supported the case for a more measured approach in beginning the process to recalibrate our policy stance to remove restriction and move toward a more neutral setting.
    First, I was concerned that reducing the target range for the federal funds rate by 1/2 percentage point could be interpreted as a signal that the Committee sees some fragility or greater downside risks to the economy. In the current economic environment, with no clear signs of material weakening or fragility, in my view, beginning the rate-cutting cycle with a 1/4 percentage point move would have better reinforced the strength in economic conditions, while also confidently recognizing progress toward our goals. In my mind, a more measured approach would have avoided the risk of unintentionally signaling concerns about underlying economic conditions.
    Second, I was also concerned that reducing the policy rate by 1/2 percentage point could have led market participants to expect that the Committee would lower the target range by that same pace at future meetings until the policy rate approaches a neutral level. If this expectation had materialized, we could have seen an unwarranted decline in longer-term interest rates and broader financial conditions could become overly accommodative. This outcome could work against the Committee’s goal of returning inflation to our 2 percent target.
    I am pleased that Chair Powell directly addressed both of these concerns during the press conference following last week’s FOMC meeting.
    Third, there continues to be a considerable amount of pent-up demand and cash on the sidelines ready to be deployed as the path of interest rates moves down. Bringing the policy rate down too quickly carries the risk of unleashing that pent-up demand. A more measured approach wo
    uld also avoid unnecessarily stoking demand and potentially reigniting inflationary pressures.
    Finally, in dialing back our restrictive stance of policy, we also need to be mindful of what the end point is likely to be. My estimate of the neutral rate is much higher than it was before the pandemic. Therefore, I think we are much closer to neutral than would have been the case under pre-pandemic conditions, and I did not see the peak stance of policy as restrictive to the same extent that my colleagues may have. With a higher estimate of neutral, for any given pace of rate reductions, we would arrive at our destination sooner.
    Ongoing Risks to the OutlookTurning to the risks to achieving our dual mandate, I continue to see greater risks to price stability, especially while the labor market continues to be near estimates of full employment. Although the labor market data have been showing signs of cooling in recent months, still-elevated wage growth, solid consumer spending, and resilient GDP growth are not consistent with a material economic weakening or fragility. My contacts also continue to mention that they are not planning layoffs and continue to have difficulty hiring. Therefore, I am taking less signal from the recent labor market data until there are clear trends indicating that both spending growth and the labor market have materially weakened. I suspect the recent immigration flows have and will continue to affect labor markets in ways that we do not yet fully understand and cannot yet accurately measure. In light of the dissonance created by conflicting economic signals, measurement challenges, and data revisions, I remain cautious about taking signal from only a limited set of real-time data releases.
    In my view, the upside risks to inflation remain prominent. Global supply chains continue to be susceptible to labor strikes and increased geopolitical tensions, which could result in inflationary effects on food, energy, and other commodity markets. Expansionary fiscal spending could also lead to inflationary risks, as could an increased demand for housing given the long-standing limited supply, especially of affordable housing. While it has not been my baseline outlook, I cannot rule out the risk that progress on inflation could continue to stall.
    Although it is important to recognize that there has been meaningful progress on lowering inflation, while core inflation remains around or above 2.5 percent, I see the risk that the Committee’s larger policy action could be interpreted as a premature declaration of victory on our price-stability mandate. Accomplishing our mission of returning to low and stable inflation at our 2 percent goal is necessary to foster a strong labor market and an economy that works for everyone in the longer term.
    In light of these considerations, I believe that, by moving at a measured pace toward a more neutral policy stance, we will be better positioned to achieve further progress in bringing inflation down to our 2 percent target, while closely watching the evolution of labor market conditions.
    The Path ForwardDespite my dissent at the recent FOMC meeting, I respect and appreciate that my FOMC colleagues preferred to begin the reduction in the federal funds rate with a larger initial cut in the target range for the policy rate. I remain committed to working together with my colleagues to ensure that monetary policy is appropriately positioned to achieve our goals of attaining maximum employment and returning inflation to our 2 percent target.
    I will continue to monitor the incoming data and information as I assess the appropriate path of monetary policy, and I will remain cautious in my approach to adjusting the stance of policy going forward. It is important to note that monetary policy is not on a preset course. My colleagues and I will make our decisions at each FOMC meeting based on the incoming data and the implications for and risks to the outlook guided by the Fed’s dual-mandate goals of maximum employment and stable prices. We need to ensure that the public understands clearly how current and expected deviations of inflation and employment from our mandated goals inform our policy decisions.
    By the time of our next meeting in November, we will have received updated reports on inflation, employment, and economic activity. We may also have a better understanding of how developments in longer-term interest rates and broader financial conditions might influence the economic outlook.
    During the intermeeting period, I will continue to visit with a broad range of contacts to discuss economic conditions as I assess the appropriateness of our monetary policy stance. As I noted earlier, I continue to view inflation as a concern. In light of the upside risks that I just described, it remains necessary to pay close attention to the price-stability side of our mandate while being attentive to the risks of a material weakening in the labor market. My view continues to be that restoring price stability is essential for achieving maximum employment over the longer run. However, should the data evolve in a way that points to a material weakening in the labor market, I would support taking action and adjust monetary policy as needed while taking into account our inflation mandate.
    Closing ThoughtsIn closing, thank you again for welcoming me here today. It is a pleasure to join you and to have the opportunity to discuss my views on the economy and monetary policy. And given the recent FOMC meeting decision and my dissent, I appreciate being able to provide a more detailed explanation of the reasoning that led me to dissent in favor of a smaller reduction in the policy rate at last week’s FOMC meeting.
    I look forward to answering your questions and to engaging with your members on bank regulatory and supervisory matters.

    1. The views expressed here are my own and not necessarily those of my colleagues on the Federal Open Market Committee or the Board of Governors. Return to text

    MIL OSI USA News –

  • MIL-OSI: YPrime Recognized as Trailblazer in Patient Engagement by Everest Group

    Source: GlobeNewswire (MIL-OSI)

    MALVERN, Pa., Sept. 24, 2024 (GLOBE NEWSWIRE) — YPrime, the leading pioneer in clinical trial technology, today announced its recognition as a Trailblazer in the Everest Group‘s Clinical Trial Patient Engagement Products Assessment. This prestigious acknowledgment underscores YPrime’s commitment to improving patient participation and engagement in clinical trials through innovative, experience-centric, and quality-driven technology.

    “We are thrilled to be named a Trailblazer by the Everest Group,” said Jim Corrigan, CEO of YPrime. “This recognition shows that our hard work in transforming clinical trials is paying off. At YPrime, we have always considered ourselves trailblazers, constantly pushing the boundaries of what is possible in patient engagement and clinical trial technologies for all stakeholders in the ecosystem.”

    “Patient engagement has become a critical component of clinical trials, increasingly recognized as a key factor to trial success by sponsors. As digital technology adoption in clinical trial gains momentum, patient-centric approaches are becoming the cornerstone for trial retention, data accuracy, and regulatory compliance. The future of clinical trials involves using technology to empower participation, improve adherence, and ultimately drive better trial outcomes,” says Nisarg Shah, Practice Director at Everest Group.” YPrime’s clinical trial technology platform offers patient engagement features across eConsent and eCOA, leveraging user-friendly design, personalization, and behavioral science to drive patient retention and adherence. Their focus on creating patient-centric and user-intuitive solutions for clinical trials has led to YPrime being recognized as a Trailblazer in the Clinical Trial Patient Engagement Trailblazer Assessment 2024.”

    YPrime’s forward-thinking approach is rooted in its comprehensive strategy for advancing science and health through innovative eCOA, IRT, patient engagement, and eConsent solutions. The company improves patient retention by delivering personalized and intuitive experiences while consistently developing solutions that address the evolving needs of clinical trial participants, site personnel, and sponsors.

    “Our technology isn’t just built on user-centric design principles – it’s driven by them,” said Mike Hughes, Chief Product Officer at YPrime, commenting on the company’s approach. “We’ve got a dedicated team that is focused on patient needs, including researchers who work directly with trial participants. This approach does not just enhance the patient experience; it revolutionizes trial efficiency and site productivity.”

    YPrime demonstrates its commitment to patient-centric technology through recent innovations. The launch of eCOA 7.0, a no-code, configurable platform, accelerates study launches by 30% while supporting both complex and simple trials. The platform benefits patients, sites, and sponsors alike, with faster startup, high-quality data, and operational efficiencies. YPrime has also recently introduced patient-focused functionalities including the glucometer integration and the Tender Swollen Joint Count (TSJC) assessment. Developed with input from diabetes patients, the glucometer integration improves data quality and compliance; while the joint assessment supports sites with an intuitive body map for quick and accurate evaluations.

    As a recognized Trailblazer, YPrime continues to solidify its position as a leader in clinical trial technology with its unique ability to improve patient participation and engagement. For more information on YPrime’s eCOA, IRT, eConsent, or Patient Engagement solutions, visit www.yprime.com.

    About YPrime
    At YPrime, we streamline the clinical trial journey with a configurable platform designed for speed, quality, and certainty. With 50% faster IRT startup times, 30% faster eCOA launch times, and quality standards 50% above the industry average, YPrime can help you solve for certainty. Discover how by visiting www.yprime.com or emailing marketing@yprime.com.

    Media Contact        
    Terry Rehm
    Head of Thought Leadership and Public Relations, YPrime
    trehm@yprime.com
    862-288-0329

    The MIL Network –

  • MIL-OSI: As Fentanyl Crisis Escalates, Abuse-Deterrent Formulations to Zero in on the Rising Epidemic of Opiate Abuse

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Abuse-deterrent transdermal technology can be used to prevent the misuse of drugs with abuse potential, such as fentanyl, by incorporating aversive agents into transdermal patches. Abuse-deterrent opioid formulations (ADFs) are designed to make it more difficult to abuse opioids by making them less attractive or rewarding, or by increasing the difficulty of manipulating them. ADFs can help reduce the risk of adverse effects associated with snorting or injecting opioids, and may also help prevent medication errors. Active companies in the industry include: Nutriband Inc. (NASDAQ: NTRB), Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), Eli Lilly and Company (NYSE: LLY), Novartis AG (NYSE: NVS), Amneal Pharmaceuticals, Inc. (NASDAQ: AMRX).

    Some benefits of ADFs include: 

    • Reduced risk of abuse: ADFs can help reduce the risk of abuse, addiction, and substance use disorder. 
    • Reduced risk of overdose: ADFs can help reduce the risk of opioid overdose and poisoning. 
    • Reduced risk of medication errors: ADFs can help prevent medication errors, such as when a caregiver crushes an extended-release opioid to mix into applesauce.

    According to OXFORD Academic: “The misuse and abuse of prescription opioids constitute a growing public health problem, which is described in detail in The Burden of the Nonmedical Use of Prescription Opioid Analgesics. Recent efforts to decrease abuse of opioids through formulation engineering have focused on creating broader impediments to abuse, such as incorporating physical barriers, combining agonists with antagonists, including components that cause aversion, and formulating opioid prodrugs, with the goal of reducing abuse by oral and intranasal, as well as, routes. Several of these newer formulations are in late-stage clinical testing and, if approved, may reach the US market later this year. The true “abuse-resistance” or “abuse-deterrence” of these products will be established only when epidemiologic data on their impact confirming such effects are available.” As reported by the U.S. Food & Drug Administration: “The FDA is encouraging the development of prescription opioids with abuse-deterrent formulations (ADFs) to help combat the opioid crisis. The agency recognizes that abuse-deterrent opioids are not abuse- or addiction-proof but are a step toward products that may help reduce abuse.”

    Nutriband Inc. (NASDAQ: NTRB) RECEIVES CHINA PATENT NOTICE OF ALLOWANCE FOR ITS AVERSA™ ABUSE DETERRENT TRANSDERMAL TECHNOLOGY

    • Notice of Allowance received from Chinese National Intellectual Property Administration (CNIPA) for a patent application covering its Nutriband AVERSA™ abuse deterrent transdermal technology
    • Nutriband abuse-deterrent transdermal technology consists of a proprietary aversive agent coating that employs taste aversion to deter the oral abuse of and accidental exposure to transdermal opioid and stimulant patch products

    Nutriband Inc. (NASDAQ:NTRB) (NASDAQ:NTRBW), a company engaged in the development of prescription transdermal pharmaceutical products, today announced that it has received a Notice of Allowance from the Chinese National Intellectual Property Administration (CNIPA) for patent application entitled, “Abuse and Misuse Deterrent Transdermal Systems,” which protects its AVERSA™ abuse deterrent transdermal technology.

    The Aversa™ abuse deterrent technology is now covered by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, Mexico, Canada, Australia, and China.

    Nutriband’s AVERSA™ abuse-deterrent technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse while making sure that these drugs remain accessible to those patients who really need them.

    Nutriband abuse-deterrent transdermal technology consists of a proprietary aversive agent coating that employs taste aversion to deter the oral abuse of and accidental exposure to transdermal opioid and stimulant patch products. Preliminary studies have shown that the coating is very difficult to scrape off and the technology has a patented immediate and extended-release profile which presents an additional layer of deterrence to prevent the aversive layer from easily being washed off in an attempt to separate the drug from the aversive agents.

    Nutriband is currently working with its partner Kindeva Drug Delivery, a leading global contract development and manufacturing organization focused on drug-device combination products, to develop its lead product, AVERSA™ Fentanyl, which incorporates Nutriband’s AVERSA™ abuse-deterrent transdermal technology into Kindeva’s FDA-approved transdermal fentanyl patch system.

    AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. AVERSA Fentanyl has the potential to reach peak annual US sales of $80 million to $200 million. (Health Advances Aversa Fentanyl market analysis report 2022). CONTINUED… Read this full press release and more news for NTRB at: https://www.financialnewsmedia.com/news-ntrb

    Other recent developments in the industry of note include:

    Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) announced recently that a new analysis from the European cohort of the RIM-TD open-label extension (OLE) study revealed that deutetrabenazine treatment of patients with Tardive Dyskinesia (TD) was associated with long term improvement of TD symptoms. The improvement in symptoms was sustained throughout the three-year study, and deutetrabenazine was well tolerated. The data were presented at the European College of Neuropsychopharmacology (ECNP) annual congress in Milan.

    TD is a stigmatising and debilitating involuntary movement disorder characterised by repetitive movements of the tongue, lower face, jaw, and limbs, which develops in around 15%-25% of patients receiving antipsychotic medications for conditions such as schizophrenia, bipolar disorder, and major depressive disorder. 

    As part of the Lilly 30×30 pipeline efforts, Eli Lilly and Company (NYSE: LLY) is collaborating with NIDA through a Screening Agreement to explore the potential of some early-phase therapies that might be repurposed for the treatment of opioid use disorder (OUD).

    OUD is the chronic use of opioids that causes clinically significant distress or impairment. More than 9.5 million people over age 12 in the U.S. alone misused opioids in the past year. Opioid and other addictive disorders disproportionately affect people with limited resources. Nearly half of non-elderly adults with OUD in the United States have low incomes and almost a quarter live in poverty. Although there are three drugs approved by the U.S. Food and Drug Administration for the treatment of opioid dependence, misuse of opioids remains a significant public health concern, and there is a high unmet need to develop new and effective treatments for opioid and other addictive disorders.

    Sandoz Inc., a Novartis AG (NYSE: NVS) division, and Pear Therapeutics, Inc., in 2019 announced the US commercial launch of reSET-O(TM) for patients with Opioid Use Disorder (OUD). reSET-O, cleared by the US Food and Drug Administration (FDA) in December, is immediately available.

    The reSET-O prescription digital therapeutic (PDT) is a 12-week cognitive behavioral therapy intended to be used in addition to outpatient treatment. It includes transmucosal buprenorphine, a commonly used medication to treat opioid addiction, and contingency management designed to provide incentives to reinforce positive behaviors. reSET-O is available by prescription only for patients 18 years or older under the care of a clinician.

    “The launch of reSET-O provides an important technology-based treatment option for patients with Opioid Use Disorder and may fundamentally change how they interact with their therapies,” said Richard Francis, CEO, Sandoz. “At Sandoz, we are proud and excited to push the frontiers of medical innovation.”

    Amneal Pharmaceuticals, Inc. (NASDAQ: AMRX) earlier this year announced the availability of Over the Counter (“OTC”) Naloxone Hydrochloride (Naloxone HCI) Nasal Spray, USP, 4mg, following Abbreviated New Drug Application (“ANDA”) approval from the U.S. Food and Drug Administration (“FDA”). Amneal’s Naloxone HCI Nasal Spray, manufactured in the U.S., is a generic equivalent to OTC NARCAN® HCI Nasal Spray, a medication that is widely used to help treat drug overdose from opioids, including heroin, fentanyl and prescription opioid medications.

    “With today’s launch, Amneal is proud to help address this public health emergency by providing naloxone nasal spray at an affordable price and without a prescription. Our business is deeply rooted in a commitment to helping others. By enhancing access to naloxone nasal spray, we hope to get this affordable emergency treatment into the hands of even more people who could potentially save countless families and communities from further heartache and loss,” said Chirag and Chintu Patel, Co-Chief Executive Officers.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #pressreleases #tickertagpressreleases

    Follow us on Facebook to receive emerging news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Breaking News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM expects to be compensated forty two hundred dollars for news coverage of the current press releases issued by Nutriband Inc. by the company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE Financialnewsmedia.com

    The MIL Network –

  • MIL-OSI Global: How to archive your photos in the digital age

    Source: The Conversation – USA – By Wasim Ahmad, Assistant Teaching Professor of Journalism, Quinnipiac University

    What’s the right choice for storing your photos? Wasim Ahmad, CC BY

    Taking photographs used to be a careful, conscious act. Photos were selective, frozen moments in time carefully archived in albums and frames. Now, taking a photograph is almost as effortless and common as breathing – it’s something that people do all the time in the age of smartphone cameras with seemingly endless digital film.

    But the downside to capturing every moment is that it creates a mountain of those moments to save for the future. Those photos can be easily lost if they’re not archived properly. All it can take is one accidental dip in the toilet for your phone, and all that data is lost forever.

    So what’s a practical backup strategy for the average person? Here are a few ways to make sure memories are never lost:

    Cloud storage

    The simplest way to archive your photos is cloud storage. For Apple users, there’s iCloud, which starts at US$0.99 per month for 50 gigabytes all the way to $59.99 per month for 12 terabytes with various tiers in between. With an average iPhone photo clocking in at 3 megabytes, that’s a little over 16,000 photos for the cheap plan and 4 million or so for the largest plan. Google’s Google One cloud storage is most cost effective for yearly plans, with 2TB going for $99.99 per year and 5TB going for $249.99 per year.

    The actual amount you can store in that space does vary greatly with how a file is shot. Video has larger file sizes than photos. HEIF files, a newer format on Apple phones, compresses files into smaller packages, but long-term compatibility is unknown since the format hasn’t been in use for as long as the standard JPG file, which has been around since 1992.

    Storing your photos in a cloud service like iCloud is probably the easiest method.
    Chris Messina/Flickr, CC BY-NC

    While cloud services from big providers generally provide the easiest way for most average folks to back up their photos, and operate with little to no intervention via apps that are already on the phone constantly uploading every photo taken, there are risks involved.

    Big companies often change their policies about how photos are saved. For instance, depending on what phone and when it was bought, Google’s cloud storage may have saved photos in a “storage saver” format that lowers the quality of images by sizing them down or compressing them differently. This affects your ability to make high-quality prints or view the photos on high-resolution screens down the road. Unless someone is astute enough to notice small text here and there that mentions it, most users won’t even realize it’s happening.

    And what happens to cloud services when things go badly wrong? Users of photo backup service Digital Railroad found out the hard way. In 2008, the company abruptly shut down and gave its users 24 hours to download everything before the servers were shut down. Photographers rushed for the exits, trying to grab their photos on the way out, only to strain the servers to the point where few were able to recover anything at all. If this was the only way photos were backed up, it’s a lost cause.

    So while the cloud is easy, costs can add up and terms of service can change at a moment’s notice. What are some ways for photographers to control their own fate?

    Hard drives and network-attached storage

    Manually taking photos off a phone may take some extra time, but the approach offers peace of mind that cloud services can’t necessarily match.

    Almost all phones can plug into a computer’s USB port and use the built-in photos app on both Windows or MacOS to download photos to a computer. Apple users can use a method called AirDrop to send photos wirelessly to other Apple devices as well, including laptop and desktop computers.

    Now loading photos onto a local hard drive built into the machine can fill it up quickly, but there is a cost-effective way to get around that – namely, external hard drives. Theses are storage devices that you can plug into your computer as needed. They can be of the older and less expensive type with spinning platters or more modern solid-state drives that can survive a drop and greater temperature changes than the older drives can.

    These are different than flash drives, more commonly known as thumb drives because of their small size, that are designed as temporary storage to shuffle photos from one place to another.

    It’s easy to buy more than one hard drive to have duplicate backups in case of failure or catastrophe, but the downside is that there’s no easy access from the internet to your photos, and backup is generally a process that users must remember to do.

    Network-attached storage is one way to solve the cloud storage problem while retaining the ability to access photos from the internet. These are essentially hard drives – sometimes multiple hard drives linked together for even greater or faster storage – that are connected to a router that allows for access to the internet through specialized software.

    While not as easy as most third-party cloud storage services, once it’s set up, a network-attached storage unit is a flexible way to store your photos safely and accessibly. There are even companies that specialize in fireproof and waterproof units for extra insurance in case of disaster.

    Printing photos

    If cloud storage and hard drives seem too complicated, there’s always the old-fashioned approach of printing. There’s still something magical about seeing a photo on a wall or in an album, and thankfully there are ways to print professional-quality archival prints without having to go to a drugstore.

    Desktop photo printers are a way to bring those digital photos into the physical world, ready for organizing in photo albums.
    Leksey/Wikimedia

    The easiest and most cost-efficient types of printers are dedicated 4×6 printers using a technology similar to professional labs called dye-sublimation. These yield high-quality, waterproof prints that cost about the same as what one would pay for drugstore developing. HP makes its popular Sprocket line of printers, though those require a phone and an app to print from, which makes plugging in a memory card from a professional camera out of the question. However, Canon’s Selphy lineup includes many models with screens and a card slot to make that possible.

    The rabbit hole goes very deep, and there are many professional printers that can print even larger sizes. Canon and Epson dominate this space, marketing a range of pigment- and dye-based printers that can emphasize archival needs or color saturation, respectively.

    Another option is ordering a photo book, which, as the name suggests, is a physical bound book of your photos. However, photo books are probably more appropriate for memorializing an event – trip, wedding, project – than general archiving, given the typical costs and number of photos involved.

    There’s little reason to not make some sort of backups of photos in 2024, whether that’s on printed media, hard drives or in the cloud. The important thing is not which method to use, but to do it at all.

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

    – ref. How to archive your photos in the digital age – https://theconversation.com/how-to-archive-your-photos-in-the-digital-age-239175

    MIL OSI – Global Reports –

  • MIL-OSI Global: Parents with disabilities have faced discrimination for years in the US, but new rules will help ensure that child welfare systems treat them more fairly

    Source: The Conversation – USA – By Elizabeth Lightfoot, Distinguished Professor of Social Policy, School of Social Work, Arizona State University

    Parents with disabilities have new legal protections. Westend61/Getty Images

    Parents with any kind of disability are much more likely to have some type of interaction with the child welfare system than other parents. This means they are more likely than other parents to be reported for child abuse and neglect and more likely to have abuse or neglect substantiated by child welfare workers. They are also more likely to have their children placed in foster care and more likely to permanently lose their parental rights.

    More than one-third of mothers with intellectual and developmental disabilities have an interaction with the child welfare system within four years of their child’s birth, and about one-fifth of all children in foster care have a parent with some type of disability.

    However, there is little evidence that parents with disabilities abuse or neglect their children at higher rates than anyone else. Instead, there’s evidence that many young adults raised by a parent with a disability have very positive childhood experiences.

    New rules that went into effect in July 2024 provide the first federal protections specifically for parents with disabilities. These new rules ban discrimination against parents and caregivers with disabilities throughout the child welfare system.

    Government is changing these rules

    I’m a social work policy researcher who has studied policies affecting parents with disabilities since 2007.

    In 2010, I found that three-quarters of states had laws which said that a parent’s disability could be used as the grounds for terminating their parental rights. Most of these state laws focused on parents with intellectual and developmental disabilities or mental health disabilities, though some listed physical disabilities and other types as well.

    Many of these laws were vague and used outdated language such as “mental deficiency.”

    Parental disability is the only grounds for termination of parental rights that focuses on a condition of the parent. The rest focus on behaviors. For example, parental poverty is not listed as grounds for termination of parental rights in any state, but neglect – a behavior – is.

    State laws were only one of the issues parents with disabilities encountered related to child protection. For years, there had been confusion as to how the Americans with Disabilities Act, the federal law banning disability discrimination, applied to parents in the child welfare system. Until 2015, most state courts denied ADA claims by parents with disabilities who believed they were discriminated against.

    In addition, most child welfare workers do not receive formal training on working with parents with disabilities. They are not trained in how to assess parenting skills or how to make accommodations to services that they typically provide, such as providing in-home parent training or conveying information in plain language. They might not know about the overwhelming evidence that parents with intellectual disabilities can learn parenting skills.

    This has historically led many child welfare workers to make decisions based on stereotypes or speculation.

    One of the main biases that parents with disabilities face is the “presumption of unfitness bias.” This is a widespread bias that parents are unable to parent solely because of their disability.

    This bias can lead child welfare workers to not consider that parents with disabilities can rely on “parental supports” to assist them in parenting, ranging from adaptive cribs and baby monitors to in-home helpers. It also can result in parents with disabilities being held to a higher standard than others.

    State laws specifically naming parental disability as a for termination of parental rights, the lack of federal protection, and widespread biases left parents with disabilities vulnerable in encounters with the child welfare system.

    Gaining national attention

    Two federal actions in the early 2010s brought national attention to parents with disabilities.

    First, the National Council on Disability, the independent federal agency that advises the federal government on disability issues, released a report in 2012 called Rocking the Cradle. That report focused on the widespread discrimination faced by parents with disabilities; highlighted and called for changing the state child protection laws; and called for the application of ADA protections in child welfare cases involving parents with disabilities.

    This report received a lot of media attention and led to more awareness of the plight of these parents.

    Then, in 2015, Justice Department and the Department of Health and Human Services released guidance directing child welfare agencies to protect parents with disabilities from discrimination. This was the first federal action indicating that the ADA and Section 504 of the Rehabilitation Act applied to child protection services.

    This guidance followed the departments’ investigation of the Massachusetts Department of Children and Families’ removal of a newborn baby from Sara Gordon, a new mother with a developmental disability, in 2012. The Department of Justice and the Department of Health and Human Services found that the state agency had made assumptions that Gordon was unable to take care of her child and unable to learn parenting skills. The state agency had also failed to take into account that Gordon had support systems in place. She lived with her parents, and her mother had quit her job to assist with parenting.

    Making progress for parents with disabilities

    The momentum for protecting parental rights has led to some positive changes.

    A few states changed their own child protection laws to address some of these problems before the federal government took action by providing new protections for parents with disabilities. In addition, the Department of Justice and Department of Health and Human Services have reached agreements with state agencies in Oregon, Georgia and Massachusetts related to discrimination against parents with disabilities.

    Despite this progress, parents with disabilities are still discriminated against by the child welfare system in many parts of the country.

    At the same time, I have no doubt that the federal government’s revision of the rules of Section 504 of the Rehabilitation Act is a major step forward for parents with disabilities.

    In particular, it is promising that Section  84.60 of the rule clarifies that disability discrimination is not allowed in any part of the child welfare process. Child welfare agencies throughout the United States now must ensure that they are not making decisions based on speculation, stereotypes or generalizations.

    Thanks to changes in the federal rule, when a child welfare agency evaluates how a child is being parented, the tools it uses must be backed by research. The evaluations must be conducted by a qualified professional and tailored to the needs of the individual parent. Agencies must ensure that parents with disabilities can participate in any services they provide. These services include parent-child visitation, parenting skills programs, family reunification services and child placements in foster care settings or in the care of another relative.

    Disability advocacy groups applauded this new rule when it went into effect in the summer of 2024.

    I believe these new rules will protect parents with disabilities when interacting with child protection authorities. They will also make it easier for child welfare agencies and state courts to recognize disability discrimination when it appears in their caseloads or on their dockets.

    Elizabeth Lightfoot receives funding from the National Institute on Disability, Independent Living, and Rehabilitation Research and the Arizona Developmental Disabilities Planning Council.

    – ref. Parents with disabilities have faced discrimination for years in the US, but new rules will help ensure that child welfare systems treat them more fairly – https://theconversation.com/parents-with-disabilities-have-faced-discrimination-for-years-in-the-us-but-new-rules-will-help-ensure-that-child-welfare-systems-treat-them-more-fairly-238185

    MIL OSI – Global Reports –

  • MIL-OSI Global: Egypt’s fears about Ethiopia’s mega-dam haven’t come to pass: moving on from historical concerns would benefit the whole region

    Source: The Conversation – Africa – By Mike Muller, Visiting Adjunct Professor, School of Governance, University of the Witwatersrand

    A new round of angry exchanges has broken out between Egypt and Ethiopia over the Grand Ethiopian Renaissance Dam (GERD).

    On September 1, Cairo wrote to the UN security council to protest against Ethiopia’s continued filling of Africa’s second largest reservoir and bringing two more power generating turbines into operation. Egypt sees any new infrastructure development on the Nile as a potential threat, since the river is the source of over 98% of the country’s water.

    Egypt calls this a violation of international law and Ethiopia’s obligations to “prevent significant harm”. Ethiopia’s policies, it says,

    could result in an existential threat to Egypt … and would consequently jeopardise regional and international peace and security.

    Ethiopia has told Egypt to “abandon its aggressive approach” towards the dam. Ethiopia says that it must allow the Blue Nile’s water to flow through the dam’s turbines and on to Egypt to generate the hydropower for which it has been built, thus guaranteeing the overall flow to Egypt.

    I have tracked the Nile disputes since the 1970s, first as a development journalist, then as a civil engineer and senior public servant. More recently, my research on water and regional integration for regional development agencies has provided further insights. My 2021 study considered the lessons to be learnt for today’s water challenges from centuries of the use and management of Nile waters.



    Read more:
    Innovations on the Nile over millennia offer lessons in engineering sustainable futures

    Ongoing tension between Egypt and Ethiopia over control of the Nile River has a long history. Therefore, in one sense, the row between Egypt and Ethiopia is nothing new.

    The countries went to war as far back as 1874, even as they both were also battling European colonialism. Ethiopia won the war of 1874 and, 20 years later, beat back Italy’s attempt to colonise it, at the battle of Adwa.

    However, Egypt gained long term advantage from treaties negotiated by the British, which gave Cairo almost total control over the Nile. Egypt is still asserting the rights and privileges conferred by those colonial era treaties even though they are being challenged by other Nile countries. In my view, this is because Egyptians are still trapped by their past fears. As Norwegian professor Torje Tvedt has explained, these fears were deliberately entrenched by past colonial authorities.

    With these perspectives, my view is that the current controversy over the Ethiopian dam still reflects historical conflicts rather than a careful analysis of present challenges.

    Now 90% complete, the Grand Ethiopian Renaissance Dam has begun to generate electricity. A series of good rainy seasons have allowed the reservoir to start filling rapidly without affecting Egypt’s water availability.

    The Grand Ethiopian Renaissance Dam offers not just cheap green electricity for Ethiopia and the sub-region as well as reliable irrigation supplies and flood control for Sudan. Once filled, its storage could offer supply security and increase the amount of water available for Egypt as well.

    The Grand Ethiopian Renaissance Dam

    What, then, are the issues that have prompted Egypt’s recent protests and what are the possible solutions to the problems raised?

    The immediate technical challenge is to continue filling the dam without disrupting flows to Sudan and Egypt. The filling process might have to be interrupted if there is a regional drought. So recent developments, notably the greater focus on the rate at which the dam will be filled rather than the legality of its construction, suggest that there is a shift in positions which neither side is yet willing to acknowledge publicly.

    This shift will be supported when other future-focused issues are raised. For instance, there must be negotiations about the supply of electricity to support Sudan’s irrigation expansion, although this is on hold due to the war in Sudan. In the longer term, Egypt, Sudan and Ethiopia could cooperate to use the GERD’s storage to help Egypt to manage its Aswan High Dam more efficiently. Aswan currently suffers very high evaporation losses, which could be reduced if its reservoir levels were better controlled. The GERD could help to do this.

    Unfortunately, the history of colonial Britain repeatedly threatening to cut Egypt’s Nile water supplies has been deeply imprinted in Egyptian public consciousness. It is understandable that Egyptians still fear a similar threat from Ethiopia. The responsibility now falls on Ethiopia to show good faith in its operation of the dam and to work with Egypt to change the combative discourse.

    Potential for cooperation

    Egypt’s repeated complaints have alerted Ethiopia and international organisations of the need to act carefully. If there is another regional drought, Ethiopia will need to slow the rate at which it completes filling its dam. Informal liaison structures are monitoring the situation and such a response would help to build a more constructive engagement with Egypt.

    Water is a patient teacher. Every season provides an opportunity for those who live with its natural cycles to understand it better. The hope is that, if the three countries experience the benefits of some seasons of the dam’s operation, the natural cycle will reveal the potential for cooperation and mitigate the conflict.



    Read more:
    Sudan’s catastrophe: farmers could offer quick post-war recovery, if peace is found

    When peace returns to Sudan, the Grand Ethiopian Renaissance Dam will enable a vast expansion of irrigation to develop its role as a regional breadbasket. The dam will also help to manage Nile floods which regularly cause death and destruction, even to Sudan’s capital, Khartoum.

    Efforts to promote cooperation between the East African countries that share the White Nile have been relatively successful. However, such cooperation on the Blue Nile will need much greater trust between the parties. To achieve this trust, the countries and their people will have to overcome centuries of cultural and political preconceptions. This will require much patient work and interaction, which is not easy in the current climate.

    Mike Muller has received funding from the African Development Bank and South Africa’s Water Research Comission for work on regional cooperation in water resource management. He has been a member of the Global Water Partnership’s Technical Committee, chaired the World Economic Forum’s Global Agenda Council on Water and been funded by the World Bank’s Cooperation in International Waters (CIWA) programme for contributions to the Nile Basin Initiative. He was also funded by UNESCO to attend a conference in Khartoum, organised with Sudan’s Ministry of Water Resources Irrigation and Electricity, on integrated and sustainable water management.

    – ref. Egypt’s fears about Ethiopia’s mega-dam haven’t come to pass: moving on from historical concerns would benefit the whole region – https://theconversation.com/egypts-fears-about-ethiopias-mega-dam-havent-come-to-pass-moving-on-from-historical-concerns-would-benefit-the-whole-region-239418

    MIL OSI – Global Reports –

  • MIL-OSI China: Xinjiang’s Khunjerab Pass offers full-year service

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

    Xinjiang’s Khunjerab Pass offers full-year service

    Updated: September 24, 2024 20:37 Xinhua
    A police officer of Khunjerab border inspection station is pictured on duty at the Khunjerab Pass in Kashgar, northwest China’s Xinjiang Uygur Autonomous Region, Sept. 20, 2024. Khunjerab Pass is a land port on the China-Pakistan border and an important gateway to South Asia and Europe. The pass used to offer seasonal access service that started on April 1 and ended on Nov. 30, but it has shifted to full-year service as of Sept. 20 this year. [Photo/Xinhua]
    Police officers of Khunjerab border inspection station check a vehicle at the Khunjerab Pass in Kashgar, northwest China’s Xinjiang Uygur Autonomous Region, Sept. 20, 2024. [Photo/Xinhua]
    A truck passes through the Khunjerab Pass in Kashgar, northwest China’s Xinjiang Uygur Autonomous Region, Sept. 20, 2024. [Photo/Xinhua]
    This photo shows the Khunjerab Pass in Kashgar, northwest China’s Xinjiang Uygur Autonomous Region, Sept. 20, 2024. [Photo/Xinhua]
    Customs staff check electronic products at the Khunjerab Pass in Kashgar, northwest China’s Xinjiang Uygur Autonomous Region, Sept. 20, 2024. [Photo/Xinhua]
    A police officer of Khunjerab border inspection station (R, front) helps a Swiss tourist at the Khunjerab Pass in Kashgar, northwest China’s Xinjiang Uygur Autonomous Region, Sept. 20, 2024. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI: LPL Financial Welcomes 57th Street Wealth Advisors to Linsco Channel

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Sept. 24, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisors Ken Hutkin and Ron Winkler have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch 57th Street Wealth Advisors. They reported serving approximately $400 million in advisory, brokerage and retirement plan assets* and join LPL from Wedbush Securities. They will operate the first Linsco office in New York City.

    Hutkin brings more than 30 years of experience as a business owner and entrepreneur to the partnership. He prides himself on understanding the unique challenges faced by professionals and business owners, which gives him the ability to design custom-tailored strategies and financial plans. Winkler has spent nearly 40 years of his career as the founder and managing partner of Winkler & Co. CPAs, a tax and financial planning firm. Like Hutkin, Winkler’s passion for business and entrepreneurship drove his successful small business and ability to find approaches to even the toughest of clients’ financial challenges.

    Together, the advisors aim to guide their clients through every step of their financial lives through attentive, personalized service and clear actionable plans. The 57th team also includes licensed Client Services Associate Margarita “Margie” Santiago and wealth associates Nathan Wild and Noah Hutkin.

    “What makes our team distinctive and brings us the most pride is our commitment to both the execution of strategies and our service model,” Winkler said. “We are a process-driven, holistic multi-generational financial planning and asset management team, and we strive to offer exceptional service as we deliver tax-sensitive investment strategies and comprehensive wealth management.”

    Looking to operate with greater autonomy while also evolving their practice, 57th Street Wealth Advisors turned to Linsco by LPL Financial.

    The Linsco employee advisor model serves financial advisors seeking the core tenets of independence, including owning their client relationships and having the flexibility to run their practice on their own terms. With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team and other dedicated consultants.

    “We are truly setting up our practice for the future — both for our clients and legacy,” Hutkin said. “LPL is a recognized name in the industry with flexibility, scale and continued investment in resources, which can help us grow our team and ensure business continuity in the years to come. We are also excited for clients to have a successful and streamlined experience with LPL. We look forward to all the new opportunities ahead.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Ken, Ron and the entire 57th Street Wealth Advisors team to the LPL community. Through Linsco, advisors are empowered and have greater autonomy and flexibility to grow their practice on their terms. LPL’s integrated wealth management platform, robust business resources and support from our experienced branch management team and dedicated consultants can help them take their successful businesses to the next level. We look forward to supporting the 57th Street Wealth Advisors team as they continue to grow and serve their clients.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

    Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    LPL Financial does not offer tax advice or tax preparation services.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2023.

    Media Contact:
    Media.relations@LPLFinancial.com
    (704) 996-1840

    Tracking #631234

    The MIL Network –

  • MIL-OSI USA: A Catalyst: Statement on Qatalyst Partners LP

    Source: Securities and Exchange Commission

    Over the last several years, off-channel communications cases have become more prevalent on the Commission’s enforcement docket. We have struggled with these cases. While we supported many of them initially, it was not without deep reservations. Recently, we have objected to the penalties and undertakings in most of these cases. Today’s case against Qatalyst Partners LP[1] illustrates and confirms the reason for our reservations: it does not appear that firms have an achievable path to compliance. Accordingly, we voted no on Qatalyst Partners LP, and urge our colleagues to reconsider our current approach to the off-channel communications issue.

    Recordkeeping by regulated entities is important. The Commission needs to be able to enforce its rules. To do that, it needs access to records about firms’ activities. Firms that are serious about complying with our rules also need access to records about their business activities. If business is being conducted using communications means that are outside of the reach of firm compliance personnel and Commission staff, both will be hampered in their ability to foster compliance with the rules. The off-channel communications cases arise from a legitimate concern that the compliance efforts both of firm compliance personnel and of Commission staff are impeded by improper recordkeeping practices. As the Commission’s Order in the first of these cases stated:

    The federal securities laws impose recordkeeping requirements on broker-dealers to ensure that they responsibly discharge their crucial role in our markets. The Commission has long said that compliance with these requirements is essential to investor protection and the Commission’s efforts to further its mandate of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.

    [2]

    That first case involved a “widespread failure to implement” recordkeeping policies that “was not hidden within the firm,” “was firm-wide, and involved employees at all levels of authority,” and “impacted the Commission’s ability to carry out its regulatory functions and investigate potential violations of the federal securities laws across these investigations.”

    Many other cases have followed. The use of off-channel communications—text messages, smartphone chat applications like WhatsApp, and personal email outside firm-approved systems—is prevalent across the securities industry. We have an industry-wide problem that we will not solve through enforcement.

    Today’s action against Qatalyst illustrates why we cannot enforce our way to compliance. Under the standard applied in this case, even well-intentioned firms could find themselves in the Commission’s enforcement queue time and again. Qatalyst has been working to address the off-channel issue for at least sixteen years. The Commission’s Order outlines some of the firm’s efforts:

    As early as 2008, Qatalyst personnel were advised that the use of unapproved electronic communications methods, including on their personal devices, was not permitted, and they should not use personal email, chats or text messaging applications for business purposes, or forward work-related communications to unapproved applications on their personal devices. Qatalyst reinforced its policies at least annually with regular, mandatory training and reinforcement from compliance and senior management. Qatalyst personnel were specifically advised not to list personal phone numbers in email signatures.

    Then, “beginning in March 2017, Qatalyst provided its personnel with a compliant text-messaging process that could retain business communications” and “instructed its personnel to use only this process to communicate about Qatalyst’s broker-dealer business by text message.” “Beginning in 2020, Qatalyst required all personnel to have a firm-issued device on which to conduct Qatalyst business, and encouraged personnel to use firm-issued devices when communicating with both business and personal contacts.” Further updates to capture Slack and LinkedIn messages came in 2020 and 2022. Qatalyst trained its employees, monitored communications sent through firm-approved communication methods, and disciplined employees who violated the firm’s policies. Even with all that, Qatalyst violated the recordkeeping requirements: “Qatalyst collected data from a sampling of broker-dealer personnel and found that . . . several broker-dealer personnel, including at senior levels, had engaged in off-channel communications that concerned the broker-dealer’s business as such.” At the end of the day, despite Qatalyst’s compliance efforts, the Commission’s order states that:

    Qatalyst . . . failed to implement a system reasonably expected to determine whether all personnel, including supervisors, were following Qatalyst’s policies and procedures. While permitting personnel to use approved communications methods, including on personal phones, for business communications, Qatalyst failed to implement sufficient monitoring to ensure that its recordkeeping and communications policies and procedures were always being followed.” (Emphasis added.)

    This statement sounds to us like one that equates reasonableness with perfection. If we assess reasonableness based on whether policies and procedures always are being followed, firms will never escape our enforcement net. People are not perfect and so compliance will not be perfect—even at a firm that tries as hard as Qatalyst. Firing up our enforcement machinery every couple years to haul the industry in for headline-making penalties will not make people perfect, so firms will continue to discover violations of firm policies. We cannot enforce to perfection, but there is a way to achieve better compliance.

    This case should serve as a catalyst for the Commission. We need to work with the industry and other interested members of the public to develop a pragmatic and privacy-respecting approach that enables firms and the Commission to have the records they need for compliance, examination, and enforcement at a reasonable cost in both financial and privacy terms. As we have this conversation, we ought to bear several points in mind:

    • The existing recordkeeping rules are a product of simpler times. The ways in which people communicate have multiplied, and the percentage of communications that are written has risen so firms have more avenues to monitor. Paper documents have given way to e-mail, which has given way to text messages, which have given way to app-based chats. This technological progression poses unique challenges and opportunities in terms of recordkeeping.
      • How can we modernize the recordkeeping rules to deal with the recordkeeping challenges of the new technology and accompanying shifts in the communication habits of people?  How do we identify and take advantage of aspects of these changes that facilitate recordkeeping?
    • Oral conversations that would not have been captured by recordkeeping rules in the past are now written conversations that are captured. One needs only observe a couple teenagers sitting in a room together who are texting one another rather than talking to each other to realize that texts have taken the place of what would have been oral communications in the past. This shift of communication from verbal to written intensified during the pandemic when colleagues that used to sit next to one another retreated to their own homes.
      • Should we revisit the recordkeeping rules so that they do not capture the modern-day equivalent of oral chatter?
    • Client service imperatives drive how firms communicate with their clients. A client of an investment adviser who is also her neighbor wants to be able to send her a WhatsApp message when she needs advice on her investment portfolio, just as she does when she wants advice on her garden. Firms have made a lot of progress on developing tools that allow their employees to capture the business-related messages for recordkeeping purposes.
      • How can we help firms as they think about seamless ways to accommodate client communication preferences and still meet recordkeeping obligations?
      • Issuing firm phones is an expensive option. What are best practices for firms that do not have the budget to issue phones or whose employees prefer not to have a work phone?
    • Firms and their employees have questions about what types of communications are covered by the rules. Certain messages are clearly covered by the rules, but others are not so clear. The lack of clarity stems in part—but not entirely—from the different scope of the recordkeeping rules for various types of firms.[3]
      • What can the Commission do to provide clarity on the requirements under the existing rules?
      • Is the scope of the current rules appropriate?
      • Once we settle on the scope, how can firms effectively train their employees about what needs to be preserved for recordkeeping purposes?
    • Ensuring that employees abide by firm policies implicates privacy concerns. A firm can write excellent policies and procedures that prohibit the use of off-channel communications but ensuring that everybody complies with them is difficult. We see this in enforcement cases like Qatalyst, where the firm had a great set of policies and procedures, but some employees did not comply. Any firm surveillance system has to achieve record retention without subjecting employees’ personal means of communication to constant surveillance. Doing so is offensive to employees’ privacy and may have legal implications in some jurisdictions. Firms have developed ways, such as monitoring on-channel communications for indications that other communications are happening off-channel and only then looking at employees’ personal phones and emails. Firms also have disciplined employees found to be in violation of the policies, which sends a message that such conduct is not tolerated.
      • What are best practices for training employees and ensuring compliance with off-channel communications policies and procedures?
      • What are best practices for monitoring compliance with off-channel communication prohibitions?
      • How do the securities recordkeeping rules interact with other laws, such as employment or privacy laws?
    • Input from compliance personnel is essential. To develop workable, effective policies, we need to hear from the people who write, implement, and oversee these policies. This issue would be a perfect one to put in front of a Chief Compliance Officer Advisory committee. Compliance personnel understand the importance of maintaining good records, the difficulty of doing so, and have real-world experience in weighing the sometimes-conflicting interests of firms, clients, and employees.
      • What would an effective Chief Compliance Officer Advisory Committee look like?

    The issues laid out above are only a few of the many that deserve discussion outside of the enforcement context. We look forward to working with our colleagues at the Commission and interested members of the public on a more productive path forward.

    [3] See, e.g., Exchange Act Rule 15Ba1-8, 17 C.F.R. § 240.15Ba1-8 (recordkeeping requirements for municipal advisers); Exchange Act Rule 17a-4, 17 C.F.R. § 240.17a-4 (recordkeeping requirements for exchanges, brokers, and dealers); Exchange Act Rule 17g-2, 17 C.F.R. § 240.17g-2 (recordkeeping requirements for nationally recognized statistical rating organizations); Investment Advisers Act Rule 204-2, 17 C.F.R. § 275.204-2 (recordkeeping requirements for investment advisers); Investment Company Act Rule 31a-1 through 4, 17 C.F.R. § 270.31a-1 through 4 (recordkeeping requirements for certain investment companies).

    MIL OSI USA News –

  • MIL-OSI: Michael Tiagwad Selected as Most Admired CEO

    Source: GlobeNewswire (MIL-OSI)

    CAMDEN, N.J., Sept. 24, 2024 (GLOBE NEWSWIRE) — Conner Strong & Buckelew, a leading insurance, risk management and employee benefits brokerage and consulting firm, is pleased to announce that President and Chief Executive Officer, Mike Tiagwad has been named one of Philadelphia Business Journal’s 2024 Most Admired CEOs. This honor is awarded to leaders in the region who have demonstrated exceptional business vision and organizational effectiveness while also making a positive impact in the community.

    Under Mike’s visionary leadership Conner Strong & Buckelew has grown from a successful regional firm to one of the largest, most admired brokerage and employee benefits consulting firms in the country serving clients nationwide and abroad.

    “The organization’s sustained success since Mike joined the firm in 2005 is a testament to the service-oriented structure and consultative approach he has created. He has elevated our ability to do more for our clients by spearheading investments in key areas like safety, risk management, data analytics, pharmacy services and claims advocacy,” said John Muscella, Executive Partner, Chief Financial Officer at Conner Strong & Buckelew. “By creating a client-centric business model focused on partnering with clients to ensure the best possible results, Mike has been instrumental in our ability to achieve a client retention rate near 99% and a Net Promoter Score among the highest in the industry.”

    Creating Careers and a Unique Culture

    Along with his team, Mike’s leadership has fostered a unique corporate culture of employee respect and empowerment that prioritizes professional development and mentoring and also promoting from within. A big believer in nurturing young talent, under Mike’s leadership, the organization has also built a nationally recognized internship program that has created a continual pipeline of talent to enter the insurance industry.

    “Mike’s passion for attracting young people to the business and setting the stage for all employees to build lifelong careers here is reflected in our numbers. Today, 36 Conner Strong & Buckelew employees who started as interns are full time employees, including five who are partners. We have an impressive 97% employee retention rate and 69 employees that have been with the company for over 20 years,” commented Alexis Wolfson, Senior Partner, Chief Human Resources Officer at Conner Strong & Buckelew. “With Mike’s support we have also been able to build a long-term Diversity, Equity, Inclusion and Accessibility (DEIA) strategy that shatters DEIA program stereotypes and aligns with the company’s business objectives.”

    Philanthropic Work

    Beyond encouraging a company culture of giving that has translated to thousands of volunteer hours and donations to hundreds of worthy organizations, Mike has been a personal champion of helping individuals and families struggling with addiction. He created the annual Deb Tiagwad Memorial Golf Outing with all proceeds going to support Caron Treatment Centers, a nonprofit, comprehensive addiction treatment and behavioral health organization. To date, the event has raised over $1 million to provide scholarships for individuals to participate in a year-long, post-treatment recovery program.

    When asked about being named one of the most admired CEOs, Mike said, “It is quite an honor, but the recognition goes to my colleagues at Conner Strong & Buckelew. Together as a team, we have achieved great success and that is a credit to all our employees.”

    From his business acumen to his approach to corporate culture to his charitable endeavors, Mike Tiagwad is certainly a leader to be admired. We congratulate him along with all of the Philadelphia Business Journal’s 2024 Most Admired CEO Honorees.

    About Conner Strong & Buckelew

    Founded in 1959, Conner Strong & Buckelew is a privately held firm headquartered in Camden, NJ. An industry leader in providing complex businesses with comprehensive consulting and brokerage solutions for commercial insurance and employee benefits, we have unique resources and expertise in a variety of areas, including captive and alternative risk solutions, owner and contractor-controlled insurance programs, risk control services, claims advocacy and consulting, population health, data analytics, benefit consortiums and technology-driven solutions.

    Since 2021 we have been an autonomously operated member of BroadStreet Partners, an insurance brokerage holding company that invests in high-performing independent agencies using a unique co-ownership business model. Collectively with BroadStreet Partners, we are among the 15 largest insurance brokerage, risk management and employee benefits consulting firms in the United States, serving clients throughout North America and abroad.

    Conner Strong & Buckelew, National Headquarters, TRIAD1828 CENTRE, 2 Cooper Street, Camden, NJ 08102

    For more information, visit www.connerstrong.com or follow us on LinkedIn (@ConnerStrong&Buckelew), Facebook (@connerstrongbuckelew) and Instagram (@connerstrongbuckelew)

    Media Contact
    ALEX DALGLIESH
    adalgliesh@gobraithwaite.com

    The MIL Network –

  • MIL-OSI: Mashgin Welcomes Peter Atkin as CRO and Eric Meyerson as VP Marketing to Help Build the Future of Checkout

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Peter Atkin had just finished a phone call with a recruiter from Mashgin, creator and developer of transformative computer vision technologies, when he first encountered a Mashgin checkout kiosk himself at a concert in Las Vegas.

    “Using the Mashgin kiosk was amazing,” Atkin said. “I just put my snack and drink on the tray, and it instantly recognized everything and accepted my payment in seconds. I was quickly back in my seat, which is where I wanted to be.”

    The timing of the phone call was fortuitous for Atkin.

    “My wife says waiting in line is my least favorite thing in the world,” he said. “But working with technologies with a visible, real-world impact is one of my favorite things. I knew I had to talk with Mashgin again.”

    Mashgin today announced the arrival of two new executives to drive and support the company’s rapid growth. In addition to Atkin, who joined as Chief Revenue Officer, Eric Meyerson has signed on as Vice President of Marketing. Both bring extensive technology leadership experience to scale Mashgin’s business across key markets.

    Customers are using Mashgin’s computer-vision checkout kiosks in more than 4,000 locations where minimizing wait time is crucial, including airports, convenience stores, universities, and more than 110 major sports stadiums. Mashgin’s solution reduces transaction times by 55%-78%, eliminating lines even during rush periods.

    Atkin brings a track record of building high-performing teams and driving revenue growth from Samsara, the leader in physical operations technology, and Cisco Meraki, a top developer of enterprise networking technologies. Atkin helped extend their technologies to thousands of customers, and billions in sales. His expertise will help expand Mashgin’s reach and deepen relationships with key partners across the retail, hospitality, and entertainment industries.

    “The Mashgin team has built a product that feels like magic to customers,” Atkin said. “I’m excited to help shape the next phase of growth as we expand the benefits of our technology to more people.”

    For Meyerson, his interest in speeding up checkouts came at a 2021 playoff game between his hometown San Francisco Giants and the Los Angeles Dodgers. Although the teams were rivals for a century, they had never faced each other in the postseason.

    “I missed most of a pivotal inning just trying to buy burgers and drinks for my kid and me,” Meyerson said. “The stadium had hired more temporary workers for the sold-out game, but that meant nobody knew what they were doing. Each transaction took several minutes to complete, and the fans were all agitated and frustrated. One of them almost took a swing at another. Nobody had come to this playoff game just to stand around on the concourse.”

    He was at a different ballpark, T-Mobile Park in Seattle, this summer when he first experienced a Mashgin kiosk, purchasing a bag of peanuts and a beer in seconds. He was sold, too. Soon thereafter, he signed on to lead the marketing function for the company.

    Meyerson brings recent hardware marketing experience, leading the team at Turntide Technologies, a developer of climate tech technologies for vehicles and buildings. His previous wins include launching video advertising at YouTube and building out consumer experiential marketing at Eventbrite.

    “It’s really exciting to join Mashgin at this point in the company’s lifecycle,” Meyerson said. “Mashgin is already successful and profitable, but they’ve just scratched the surface of their growth potential and the many applications of their patented technologies. It has the ingredients to become one of the most powerful brands in the American technology space.”

    Mashgin CEO Abhinai Srivastava said, “Mashgin has come a long way in its nine years, from a lab prototype to a technology solution that’s accelerating millions of sales a day at thousands of locations. Attracting leaders of Pete’s and Eric’s caliber is a strong validation of the success we’ve already had in our markets and the massive potential we can unlock.”

    About Mashgin
    Mashgin is the world’s fastest checkout system, powered by AI and computer vision. By eliminating barcode scanning, Mashgin allows customers to simply place items on the tray, pay, and be on their way in under 10 seconds. With checkout speeds up to four times faster than traditional systems, Mashgin not only enhances customer satisfaction but also boosts revenue for retailers by reducing wait times and streamlining operations. Founded in 2014 and headquartered in Palo Alto, California, Mashgin is a privately held company backed by NEA, Matrix Partners, Susa Ventures, and Y Combinator. Follow Mashgin on LinkedIn or learn more about Mashgin at www.mashgin.com.

    press@mashgin.com

    The MIL Network –

  • MIL-OSI: Cangrade Introduces AI Copilot Jules, Empowering HR Leaders to Make Stronger Talent Decisions with Generative AI

    Source: GlobeNewswire (MIL-OSI)

    WATERTOWN, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) — Cangrade today introduced Jules—its transformative, new AI Copilot created to help HR professionals make more strategic, data-backed talent decisions. Jules leverages intelligence from Cangrade’s talent assessment to answer important questions and uncover insights about everything from hiring and employee growth and development, to personal motivators and strategies for improvement.

    Jules was born from Cangrade’s informative assessment in conjunction with its powerful, patented Generative AI capabilities. With the goal of both improving and streamlining talent decisions, HR professionals and hiring managers can now ask questions that range from simple to complex and receive insightful, contextually relevant guidance based on a person’s personality profiles. Whether it’s the best way to communicate with a peer, finding the right tone or approach to deal with a challenging situation, or writing the most competitive offer letter, Jules can help.

    Cangrade customers are already using Jules to:

    • Make talent intelligence actionable
    • Maximize data-driven decision-making across their organization
    • Upgrade predictions of candidate performance
    • Navigate work situations with thoughtful guidance
    • Improve employee engagement, retention, and mobility
    • Optimize performance and ROI with tailored talent management

    What sets Jules apart from other solutions is not simply its ability to maximize talent intelligence, but that the advice it generates is on par with a high-level I/O psychologist. While deep, personal familiarity with the employee or candidate in question is something critical to making better talent decisions, most organizations don’t have access or time to hire a fully dedicated staff member to oversee this. With Jules, you don’t need one—you can create individualized performance plans and communications with the data you already have.

    “For years, organizations have conducted workshops, trainings, and deployed different tools and technologies to profile team members in hopes of creating a better work environment. Very rarely do these approaches achieve the desired results—until now,” said Gershon Goren, founder and CEO, Cangrade. “Jules is like a world-class, AI-powered I/O psychologist ready to help HR professionals build a dynamic workforce equipped for the future.”

    To further Cangrade’s mission of leveling the playing field for job seekers, the company will be announcing new AI features in the coming months. Available to any user, Jules will offer helpful insights for those just entering the job market, to those looking to advance their careers.

    For more information about Cangrade’s AI-powered, bias-free hiring and talent management solutions, visit www.cangrade.com.

    About Cangrade
    For HR leaders, Cangrade is the bias-free, AI- powered talent intelligence platform. By integrating data into talent acquisition and management processes, Cangrade enables businesses to make strategic and efficient decisions from initial screening through the entire employee lifecycle. Delivering 10x more accurate predictions of talent success and retention than traditional methods, the company’s Pre-Hire Assessment has helped organizations like Wayfair, FDNY, Lamar Advertising, and Applied Industrial Technologies make the right hiring decisions for over 10 million candidates and counting. For more information, visit www.cangrade.com.

    Media Contact:
    Gina Devine
    Public Relations
    press@cangrade.com

    The MIL Network –

  • MIL-OSI: GCM Grosvenor’s Infrastructure Advantage Strategy Acquires Equity Interest in Brookfield’s Shepherds Flat

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 24, 2024 (GLOBE NEWSWIRE) — GCM Grosvenor (NASDAQ: GCMG), a leading global alternative asset management firm, today announced that its Infrastructure Advantage Strategy has acquired a 25% equity interest in Shepherds Flat (the “Transaction”), the largest repowered wind farm in North America, from Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield”).

    Shepherds Flat, located in north central Oregon, is a fully contracted 338-turbine wind farm with a nameplate capacity of 845 MW. The wind farm produces in excess of 2,000 GWh of electricity annually, which is enough to power ~185,000 average U.S. households and is fully supported by a long-term contract with a large-scale utility.

    “We believe Shepherds Flat presents a rare opportunity to invest in a high-quality, hard-to-replicate, sustainable infrastructure asset alongside an experienced owner, operator, and developer of clean power,” said GCM Grosvenor Managing Director Matt Rinklin. “The Infrastructure Advantage Strategy is pleased to invest in contracted renewable power generation in the Pacific Northwest energy market. We are confident we can deliver long-term value to our investors through this strategic acquisition.”

    Brookfield Renewable, a global platform for renewable power and decarbonization solutions, acquired Shepherds Flat in 2021. A comprehensive repowering which materially increased the wind farm’s generation capacity was performed under Brookfield Renewable’s ownership, enhancing the plant’s operational efficiency and substantially extending its lifespan.

    “We are excited to partner with GCM Grosvenor while maintaining exposure to this high-quality asset that provides essential clean energy to customers throughout the Pacific Northwest. We continue to see opportunities to further enhance value at Shepherds Flat and are thrilled to be working with GCM,” said Jeh Vevaina, Managing Partner, Brookfield Asset Management.

    GCM Grosvenor’s investment in Shepherds Flat was completed through its Infrastructure Advantage Strategy, which seeks to generate high-quality risk adjusted returns through alignment with key stakeholders, including union labor. As part of the transaction, the Shepherds Flat partnership has adopted a Responsible Contractor Policy which will apply to any material construction work at the site.

    Thorndike Landing LLC acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor on the transaction for GCM Grosvenor. BMO and Wells Fargo acted as financial advisor and King & Spalding LLP acted as legal advisor on the transaction for Brookfield.

    About GCM Grosvenor

    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $79 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of approximately 540 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    About Brookfield Asset Management

    Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with approximately $1 trillion of assets under management. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

    Brookfield operates Brookfield Renewable Partners (NYSE: BEP, TSX: BEP), one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio totals over 34,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.

    Media Contacts:

    GCM Grosvenor
    Tom Johnson and Abigail Ruck
    H/Advisors Abernathy on behalf of GCM Grosvenor
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global
    212-371-5999

    Brookfield

    Simon Maine
    Managing Director – Communications
    +44 (0)7398 909 278
    simon.maine@brookfield.com

    The MIL Network –

  • MIL-OSI: 7-Eleven, Inc. Partners with Comdata to Enhance Fuel Savings and Services for Fleets

    Source: GlobeNewswire (MIL-OSI)

    BRENTWOOD, Tenn., Sept. 24, 2024 (GLOBE NEWSWIRE) — Comdata Inc., a Corpay brand and world leader in payment innovation, announced today 7-Eleven, Inc. and its brands 7-Eleven®, Speedway®, and Stripes®, have joined Comdata’s Fuel Consortium. This enhancement creates new capabilities for cardholders and offers products that better serve fleets of all sizes.

    With this expanded partnership, fleets have ability to access cost-plus savings on both gas and diesel at 7-Eleven’s nationwide network of over 7,500+ fuel locations. Comdata and 7-Eleven are the first to provide this functionality with a universal fuel card.

    “We are excited to have 7-Eleven on board and for what this relationship means for our customers,” said Randy Morgan, President, Comdata North America Trucking/Enterprise. “This partnership highlights our continued mission to provide our customers with products that intentionally improve their business’s bottom line—especially for fuel expenses.”

    Along with driving more savings at the pump, cardholders can receive additional benefits of a Comdata fuel card including:

    • Innovative fraud protection tools like OneClick™ which keeps the card locked until the driver is at the pump ready to fuel and is unlocked with “one click” of a button.
    • The industry’s only NO FUEL FRAUD GUARANTEE1 powered by Proximity, a collection of Enhanced Authorization Controls.
    • Comprehensive data collection, analytics, and reporting with a user-friendly dashboard via OneLook.

    For a comprehensive site locator map of 7-Eleven, Speedway, and Stripes stores, visit https://www.7-eleven.com/locator.

    Comdata is committed to consistently cultivating strong relationships with industry partners to meet the needs of its customers. To learn more about Comdata, visit www.comdata.com.

    1With active Proximity subscription, subject to mandatory system and operational requirements.

    About Comdata
    Comdata Inc., a Corpay brand, is a leader and innovator in commercial payment solutions, driving actionable insights from spending data, building enhanced controls to protect clients’ interests, and positively impacting day-to-day operations for fleet owners and managers and drivers in the trucking industry. Founded in 1969 in Brentwood, Tennessee, Comdata has proudly supported the life-impacting trucking industry for over 50 years. To learn more, visit www.comdata.com.

    About 7-Eleven, Inc.
    7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada. In addition to 7-Eleven® stores, 7-Eleven, Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7-Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7-Eleven offers customers industry-leading private brand products at outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® and Speedy Rewards® loyalty programs with more than 80 million members, place an order in the 7NOW® delivery app in over 95% of the convenience retailer’s footprint, or rely on 7-Eleven for other convenient services. Find out more online at www.7-eleven.com. 

    Media Contact:

    Kathy Hickerson

    Corpay, North America Fleet (Comdata)

    Kathryn.hickerson@corpay.com 

    The MIL Network –

  • MIL-OSI: STMicroelectronics unveils new generation of silicon carbide power technology tailored for next-generation EV traction inverters

    Source: GlobeNewswire (MIL-OSI)

    STMicroelectronics unveils new generation of silicon carbide power technology tailored for next-generation EV traction inverters

    • Smaller, more efficient products to ramp-up in volumes through 2025 across 750V and 1200V classes, will bring the advantages of silicon carbide beyond premium models to mid-size and compact electric vehicles.
    • ST plans to introduce multiple silicon carbide technology innovations through 2027, including a radical innovation.

    Geneva, Switzerland, September 24, 2024 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is introducing its fourth generation STPOWER silicon carbide (SiC) MOSFET technology. The Generation 4 technology brings new benchmarks in power efficiency, power density and robustness. While serving the needs of both the automotive and industrial markets, the new technology is particularly optimized for traction inverters, the key component of electric vehicle (EV) powertrains. The company plans to introduce further advanced SiC technology innovations through 2027 as a commitment to innovation.

    “STMicroelectronics is committed to driving the future of electric mobility and industrial efficiency through our cutting-edge silicon carbide technology. We continue to advance SiC MOSFET technology with innovations in the device, advanced packages, and power modules,” said Marco Cassis, President, Analog, Power & Discrete, MEMS and Sensors Group. “Together with our vertically integrated manufacturing strategy, we are delivering industry leading SiC technology performance and a resilient supply chain to meet the growing needs of our customers and contribute to a more sustainable future.“

    As the market leader in SiC power MOSFETs, ST is driving further innovation to exploit SiC’s higher efficiency and greater power density compared to silicon devices. This latest generation of SiC devices is conceived to benefit future EV traction inverter platforms, with further advances in size and energy-saving potential. While the EV market continues to grow, challenges remain to achieve widespread adoption and car makers are looking to deliver more affordable electric cars. 800V EV bus drive systems based on SiC have enabled faster charging and reduced EV weight, allowing car makers to produce vehicles with longer driving ranges for premium models. ST’s new SiC MOSFET devices, which will be made available in 750V and 1200V classes, will improve energy efficiency and performance of both 400V and 800V EV bus traction inverters, bringing the advantages of SiC to mid-size and compact EVs — key segments to help achieve mass market adoption. The new generation SiC technology is also suitable for a variety of high-power industrial applications, including solar inverters, energy storage solutions and datacenters, significantly improving energy efficiency for these growing applications.

    Availability
    ST has completed qualification of the 750V class of the fourth generation SiC technology platform and expects to complete qualification of the 1200V class in the first quarter of 2025. Commercial availability of devices with nominal voltage ratings of 750V and 1200V will follow, allowing designers to address applications operating from standard AC-line voltages up to high-voltage EV batteries and chargers. 

    Use cases
    ST’s Generation 4 SiC MOSFETs provide higher efficiency, smaller components, reduced weight, and extended driving range compared to silicon-based solutions. These benefits are critical for achieving widespread adoption of EVs and leading EV manufacturers are engaged with ST to introduce the Generation 4 SiC technology into their vehicles, enhancing performance and energy efficiency. While the primary application is EV traction inverters, ST’s Generation 4 SiC MOSFETs are also suitable for use in high-power industrial motor drives, benefiting from the devices’ improved switching performance and robustness. This results in more efficient and reliable motor control, reducing energy consumption and operational costs in industrial settings. In renewable energy applications, the Generation 4 SiC MOSFETs enhance the efficiency of solar inverters and energy storage systems, contributing to more sustainable and cost-effective energy solutions. Additionally, these SiC MOSFETs can be utilized in power supply units for server datacenters for AI, where their high efficiency and compact size are crucial for the significant power demands and thermal management challenges.

    Roadmap
    To accelerate the development of SiC power devices through its vertically integrated manufacturing strategy, ST is developing multiple SiC technology innovations in parallel to advance power device technologies over the next three years. The fifth generation of ST SiC power devices will feature an innovative high-power density technology based on planar structure. ST is at the same time developing a radical innovation that promises outstanding on-resistance RDS(on) value at high temperatures and further RDS(on) reduction, compared to existing SiC technologies.

    ST will attend ICSCRM 2024, the annual scientific and industry conference exploring the newest achievements in SiC and other wide bandgap semiconductors. The event, from September 29 to October 04, 2024, in Raleigh, North Carolina will include ST technical presentations and an industrial keynote on ‘High volume industrial environment for leading edge technologies in SiC’. Find out more here: ICSCRM 2024 – STMicroelectronics.

    Technical Note to Editors
    The fourth generation SiC MOSFETs from STMicroelectronics represent a significant leap forward in power conversion technology compared to previous generations. These devices are engineered to deliver superior performance and robustness, addressing the stringent demands of future EV traction inverters. The Generation 4 SiC MOSFETs feature a significantly lower on-resistance (RDS(on)) measured against prior generations, minimizing conduction losses, and enhancing overall system efficiency. They offer faster switching speeds, which translate to lower switching losses, crucial for high-frequency applications and enabling more compact and efficient power converters. The Generation 4 technology provides extra robustness in Dynamic Reverse Bias (DRB) conditions, exceeding the AQG324 automotive standard, ensuring reliable operation under harsh conditions.

    With Generation 4 ST continues to deliver outstanding RDS(on) x die-area figure of merit to ensure high current-handling capability with minimal losses. The average die size of Generation 4 devices is 12-15% smaller than that of Generation 3, considering an RDS(on) at 25 degrees Celsius, allowing for more compact power converter designs, saving valuable space, and reducing system costs. The improved power density of these devices supports the development of more compact and efficient power converters and inverters, essential for both automotive and industrial applications. In addition, this is particularly beneficial for power supply units in server datacenters for AI, where space and efficiency are critical factors. 

    As an industry leader in this technology, ST has already supplied STPOWER SiC devices for more than five million passenger cars worldwide in a range of EV applications including traction inverter, OBC (onboard charger), DC-DC converter, EV charging station, and e-compressor application, significantly enhancing the performance, efficiency, and range of NEVs. ST’s SiC strategy, as an integrated device manufacturer (IDM), ensures quality and security of supply to serve carmakers’ strategies for electrification. With the recently announced fully vertically integrated SiC substrate manufacturing facility in Catania, expected to start production in 2026, ST is moving quickly to support the rapid market transition towards e-mobility and higher efficiency in industrial applications.

    For further information about ST’s SiC portfolio, please visit www.st.com/sic-mosfets

    About STMicroelectronics
    At ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.

    For further information, please contact:

    INVESTOR RELATIONS:
    Céline Berthier
    Group VP, Investor Relations
    Tel: +41.22.929.58.12
    celine.berthier@st.com

    MEDIA RELATIONS:
    Alexis Breton        
    Corporate External Communications
    Tel: +33.6.59.16.79.08
    alexis.breton@st.com

    Attachment

    The MIL Network –

  • MIL-OSI: Sprout Social Named #1 in 94 Reports in G2’s 2024 Fall Reports, Expanding its Leadership Across Global Markets and Business Segments

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Sept. 24, 2024 (GLOBE NEWSWIRE) — Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, has been recognized by G2’s 2024 Fall Reports with 173 leader badges spanning all business segments, from small business to mid-market and enterprise, and across every region including EMEA, APAC, and the Middle East. The company earns these additional recognitions after being named G2’s #1 Best Software Product for 2024.

    Sprout Social has maintained their #1 position in the Grid® Report for Social Customer Service, Social Media Analytics, Social Media Suites and Social Media Listening Tools. The company has been recognized in an increasing number of G2 reports across Asia-Pacific and other regions, including the Enterprise Asia Regional Grid® Report for Social Media Suites, further solidifying their position as a global leader in social media management.

    “Our continued recognition in G2’s Fall Reports is a testament to the trust and loyalty of our customers,” said Mike Wolff, Chief Revenue Officer, Sprout Social. “These rankings are more than just a reflection of our platform’s capabilities—they highlight the meaningful ways we help businesses solve complex challenges. From leveraging AI to expanding our integrations, we’re committed to delivering innovative solutions that meet the diverse needs of businesses worldwide.”

    This recognition follows several exciting developments at Sprout Social, including their integration with Salesforce’s Agentforce to assist service reps, new advancements from their latest quarterly product showcase, and a partnership with Carahsoft as a NASPO-approved vendor, strengthening their presence in the public sector and making their solutions more accessible to government agencies. Sprout Social earned its place on these lists because of customer feedback, including:

    “I love that Sprout Social was easy to set up and allows for easy posting/scheduling. It was very quick to integrate with our other tools such as Salesforce.”

    “I love the AI assistant that provides caption options for posts and the suggested posting times are very accurate. Additionally, Sprout offers very useful analytics to help us determine if our content is on the right track or if adjustments are needed.”

    “What I love most about Sprout Social is its seamless integration of social media management tools that make my agency’s workflow incredibly efficient. The platform’s user-friendly interface allows us to easily schedule, monitor, and engage across multiple social channels, all in one place. The detailed analytics provided by Sprout give us actionable insights, helping us refine our strategies and demonstrate clear ROI to our clients. It’s not just about managing posts; it’s about having a comprehensive understanding of our social media impact, which Sprout makes possible with minimal hassle.”

    “Sprout Social has been a game-changer for our team. Plus, the team-friendly design has enhanced our collaboration, making it easier to hit our social media goals together.”

    Learn about G2’s methodology or read more reviews directly from Sprout users here.

    About Sprout Social
    Sprout Social is a global leader in social media management and analytics software. Sprout’s intuitive platform puts powerful social data into the hands of more than 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    Social Media Profiles:
    www.twitter.com/SproutSocial
    www.twitter.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact
    Media:
    Layla Revis
    Email: pr@sproutsocial.com
    Phone: (866) 878-3231

    Investors:
    Lexi Johnson
    Twitter: @SproutSocialIR
    Email: investors@sproutsocial.com
    Phone: (312) 528-9166

    The MIL Network –

  • MIL-OSI: Axus Technology Delivers Industry’s Lowest Cost of Ownership for CMP Processes on 200mm SiC Wafers

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., Sept. 24, 2024 (GLOBE NEWSWIRE) — Axus Technology, a leading global provider of chemical mechanical planarization (CMP) equipment, critical for semiconductor and compound semiconductor fabrication, today announced its flagship Capstone CS200 platform tools offer the industry’s lowest cost of ownership (CoO) for CMP processes on 200mm silicon carbide (SiC) wafers. Compared to its closest competitor, Axus’s small-footprint Capstone delivers twice the throughput at less than half the total cost per wafer.

    Yole Group forecasts the overall SiC manufacturing tool market to top US$4.4 billion by 2029. “The unique properties of SiC require specialized manufacturing tools and lines for processing power SiC devices,” the market analyst firm noted earlier this year. Axus anticipated this need, designing the state-of-the-art Capstone from the ground up to deliver advanced processing capabilities for SiC in power electronics and other applications.

    “Many 200mm fabs are looking to upgrade their installed base of CMP tools to products with leading-edge capability and functionality. Our ability to deliver industry-low CoO further underscores our strong market position and capacity to support this shift,” said Axus Technology CEO Dan Trojan. “Capstone features a streamlined workflow and integrated cleaning capability, so it requires half the process steps of older CMP tools. This allows customers to greatly lower their capex investment.”

    Key Capstone CoO advantages vs. competitor

    • Throughput: 2.5x wafers per hour
    • Power consumption: 60% lower
    • DI water consumption: 80% lower
    • Footprint: 45% smaller
    • Capex cost per wafer: 65% lower
    • Total cost per wafer: 50% lower

    Another factor contributing to Capstone’s lower CoO is its built-in Process Temperature Control (PTC) technology, which enables processing at higher pressures and speeds without exceeding temperature limits of polishing pads and other sensitive components. This feature is vital for SiC and other materials with high hardness and planarization challenges that necessitate more aggressive process conditions.

    Axus built its proprietary CoO model using its own system specifications, publicly available specs for competitive tools, actual consumables costs, and real-world performance data supplied by customers. The comprehensive model factors in all CoO contributors: process variables (polish time and removal rates), polishing and cleaning consumables, power and deionized (DI) water usage, system footprint, and equipment capex including cost, utilization and wafer capacity.

    Company executives will be on hand to discuss further details regarding Axus Technology’s performance and CoO benefits in Meeting Room 204 at the upcoming International Conference on Silicon Carbide and Related Materials (ICSCRM), Sept. 29-Oct. 4, at the Raleigh (N.C.) Convention Center. To schedule a meeting with Axus at the event, please click here.

    About Axus Technology
    Led by its state-of-the-art Capstone® CMP and Aquarius™ wafer-cleaning platforms, Axus Technology is a recognized industry leader in designing and building modern, flexible next-generation equipment and providing custom process-development services. Axus enables companies of all sizes, from startups to high-volume manufacturers, to test, develop, and implement leading-edge solutions—particularly for novel and emerging materials—process integration schemes, products and applications. Axus’s equipment solutions range from low cost-of-ownership entry-level tools to state-of-the-art high-volume manufacturing systems. Process testing, development, optimization, and scaling are supported by our process applications lab and foundry, which includes a full array of process equipment and supporting metrology, and is staffed by the industry’s most experienced CMP team. For more information, please visit www.axustech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/702aeae3-4721-4615-b7b7-727cc00d3ddd

    The MIL Network –

  • MIL-OSI: Zoom introduces new advanced enterprise offerings to boost efficiency, reliability, security, and compliance for enterprise organizations

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced several new add-on products and functionalities to further strengthen its advanced enterprise offerings portfolio for the Zoom platform. Zoom advanced enterprise offerings consist of a comprehensive portfolio of Zoom products and features that help organizations meet their compliance, security, privacy, survivability, and manageability requirements.

    “Zoom’s advanced enterprise offerings reflect our commitment to empowering businesses and providing them with offerings that enable them to be more efficient, secure, compliant, and reliable,” said Smita Hashim, chief product officer, Zoom. “Our advanced enterprise products and features are essential tools built for Zoom Workplace and Zoom Business Services like Zoom Events and Zoom Contact Center that work behind the scenes as part of the Zoom network infrastructure to provide exceptional experiences to our customers. Our goal is to make communication and collaboration on Zoom foolproof, future-proof, and fail-proof.”

    New offerings for enterprise customers

    In 2023 alone, over $549 million in non-compliance penalties were issued globally, more than 353 million individuals were impacted by security breaches, and 31 percent of enterprises experienced unstable network or bandwidth constraints. Companies face urgent pressures to manage often complex compliance obligations, avoid hefty fines, safeguard their reputations against security threats, and prevent user dissatisfaction stemming from unreliable connectivity. Zoom’s newest additions to its advanced enterprise offerings are poised to help companies overcome these challenges.

    • Zoom Compliance Manager Plus: Launched in March and powered by Theta Lake, Zoom Compliance Manager (ZCM) is an all-in-one offering that provides archiving, eDiscovery, legal hold, and information protection offerings for enterprises. Zoom Compliance Manager Plus enhances ZCM with advanced features such as risk detection, data loss protection, and advanced trends analysis. These enhanced capabilities will further help organizations fulfill regulatory obligations and mitigate organizational communications compliance risks.
    • Zoom Meeting Survivability: Introduces a new level of network redundancy and enables business continuity, helping to ensure uninterrupted Zoom meeting service even during internet disruption due to outages from a storm, natural disaster, or carrier failure. Utilizing Zoom Node, a central hub for hosting Zoom workloads on premises, this functionality keeps meetings running smoothly via a failover to data centers where meetings are hosted on your local servers with minimal disruption to the end users.
    • Zoom Mesh for Meetings: With Zoom Mesh, companies can optimize bandwidth usage and save up to 60 percent on internet bandwidth and associated costs. Already available for Zoom Webinars and Zoom Events, this capability now extends to Zoom Meetings for an exceptional user experience regardless of bandwidth constraints.
    • Zoom Customer Managed Key (CMK) Hybrid: CMK Hybrid enhances Zoom’s current CMK data privacy offering by providing customers with more options to manage the encryption keys used to protect data maintained by Zoom. CMK Hybrid allows customers to control the entire encryption/decryption process on premises. Zoom Team Chat messages, for example, can be encrypted locally by the Zoom Workplace app (some Zoom cloud-based Team Chat functionalities will not be available as a result). Zoom CMK Hybrid will be available for Zoom Workplace starting with the support of Zoom Team Chat in Q4 2024.

    An enterprise-grade offerings portfolio designed to meet organizations’ needs

    The new advanced enterprise products and features introduced today bolster the existing robust portfolio of Zoom’s enterprise offerings, which are specifically designed to address the complex needs of large organizations and those in regulated industries such as finance, healthcare, and government agencies. These offerings are included with Zoom Workplace Enterprise licenses, help improve business continuity, optimize bandwidth, enhance security, simplify manageability, and support communications compliance. The advanced enterprise offerings are organized across six key categories:

    • Communications compliance: Archiving, Data Loss Prevention, Information Barrier, and Chat Etiquette solutions help address communications compliance requirements for regulated industries worldwide.
    • Data residency & privacy compliance: Tools to help meet local and regional customer data residency and privacy compliance requirements such as Customer Managed Key.
    • Policy & deployment management: Zoom Device Management, policy provisioning, and deployment tools to help ease implementation and support.
    • Security & access control: Encryption and virtual desktop infrastructure (VDI) offerings to provide enhanced security protection for data at rest and in transit.
    • Analytics & insights: A robust set of dashboards, monitoring, reporting, and alerting tools to improve overall operational visibility.
    • Network optimization & survivability: Zoom Mesh, Zoom Node, and Zoom survivability solutions help reduce bandwidth, optimize performance, and improve business continuity.

    Several Zoom advanced enterprise offerings including end-to-end encryption, GDPR and privacy controls, management dashboards, and other capabilities are already available with Zoom Workplace Enterprise licenses while other features, including these new products, are available as paid add-ons. For more information on Zoom’s advanced enterprise offerings, please visit the Zoom advanced enterprise website. Zoom will also host technical sessions on its enterprise offerings at Zoomtopia 2024 for those interested in learning more.

    About Zoom
    Zoom’s mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion that empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    Zoom Public Relations
    Travis Isaman
    press@zoom.us

    The MIL Network –

  • MIL-OSI: Tabnine Introduces First AI Agents to Autonomously Generate and Validate Code for Atlassian Jira

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, Sept. 24, 2024 (GLOBE NEWSWIRE) — Tabnine, the originators of the AI code assistant category, today announced the general availability of two new AI agents seamlessly integrated into Atlassian Jira to transform the way software teams approach software development and maintenance tasks: the Jira Implementation Agent and the Jira Validation Agent. ​​

    First previewed in May, Tabnine is the first AI code assistant to offer a full integration with Jira and the first to offer publicly available “issue to code” AI agents. Now with just a single click, Tabnine customers can implement a Jira issue (whether a story, bug, task, or subtask), autonomously generating code from the requirements outlined in that issue. Further on, developers can then use Tabnine’s Jira Validation Agent to ensure that selected code — whether human- or AI-generated — meets the specifications of an issue in Jira, with Tabnine offering instant feedback and code suggestions if adjustments are needed.

    “We’re proud to lead a new evolution of AI in software development, with human engineers and highly capable AI agents collaborating to streamline the entire software development lifecycle,” said Brandon Jung, VP Ecosystem at Tabnine. “By offering developers not just best-in-class AI software development tools, but a platform that is CIO and CISO-approved for its privacy and company-specific personalization, Tabnine is helping mature engineering teams build better apps faster and with more confidence.”

    These latest agents further support Tabnine’s proven ability to automate upwards of 50% of the code and artifacts for developers. Offering unparalleled privacy and comprehensive protection from legal risk, Tabnine’s AI Agents respect the company’s zero data retention policy for any and all information they are exposed to through Jira.

    The capabilities of the new Tabnine Jira Agents include:

    • One-Click Code Generation: Automatically generate code for Jira issue requirements with a single click using the Jira Implementation Agent.
    • AI-Driven Code Validation: Validate and review code against Jira issue requirements with the Jira Validation Agent, offering suggestions and feedback.
    • First-to-Market “Issue-to-Code” AI Agent: Tabnine is the first AI code assistant to fully integrate with Jira for an end-to-end “issue-to-code” workflow.
    • Parent Issue Implementation: Implement parent issues like entire Jira stories, bugs, and tasks directly through Tabnine, with more detailed support for child issues coming soon.
    • Contextual AI Code Suggestions: Tabnine leverages Jira issue details (text in title and description) and local project context to deliver more accurate and relevant code recommendations.
    • Seamless Jira Integration: Simple setup with Jira, respecting all user permissions and ensuring only assigned issues are accessible.
    • Enterprise-Ready Configuration: Available at no additional cost for Tabnine Pro and Enterprise customers, with admin-controlled deployment for Enterprise users.

    The automated agents build on Tabnine’s recent AI advancements, including the AI Test agent and onboarding agent, automating some of the most important yet time-intensive tasks.

    For more detailed information as well as to view demonstrations that show how to connect Tabnine to Jira, how to implement a Jira issue, and more, read Tabnine’s blog here.

    About Tabnine
    Tabnine helps development teams of every size use AI to accelerate and improve the software development life cycle. As the original AI coding assistant, Tabnine has been used by millions of developers around the world to boost code quality and developer happiness using generative AI. Unlike other coding assistants, Tabnine is the AI that you control; it is extensively personalized to your engineering team, private and secure (easily running in your controlled environments), never stores or trains on your company’s code or user data, and offers models trained exclusively on open-source code with permissive licenses to eliminate IP risks. Learn more at tabnine.com or follow us on LinkedIn.

    Contact
    press@tabnine.com

    The MIL Network –

  • MIL-OSI: Cipher Mining Announces the Closing of its Acquisition of Barber Lake 300 MW Data Center Site

    Source: GlobeNewswire (MIL-OSI)

    Completed acquisition of Barber Lake data center site, which includes 250 acres of land in West Texas, a newly constructed high-to-mid voltage substation, approvals for 300 MW, and agreements necessary to participate in the ERCOT market

    Site acquisition funded with the proceeds from bitcoin inventory sales

    NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it has completed the acquisition of the recently announced Barber Lake site in West Texas for a cash payment of $67.5 million and a variable fee of $3/MWh for the initial five years after the energization of the site.

    The site features 300 MW of front-of-the-meter capacity, a newly constructed, fully energized, high-to-mid voltage substation, and all necessary regulatory approvals. As part of the transaction, Cipher has acquired the 250 acres of land surrounding the substation and completed agreements necessary to participate in the ERCOT market.

    “We are delighted to close the acquisition of our new Barber Lake site, which is ideally suited for either hosting a large HPC customer or mining bitcoin. The site is immediately available with an existing high-quality substation and all the essential characteristics necessary to develop a large-scale HPC data center. Large sites with these characteristics are extremely rare, and we have already received interest in the site from multiple hyperscalers. We sold a portion of our bitcoin treasury to fund the majority of this purchase and believe we have exchanged one rare and valuable asset for an even more rare and more valuable asset – an immediately available, large-scale, interconnected site with plenty of land. We constantly assess the optimal capital allocation for our growth strategy and are thrilled to close a deal that we believe represents an ideal use of our appreciated bitcoin treasury holdings,” said Tyler Page, Cipher’s CEO.

    With this acquisition and other recently announced purchases, Cipher’s portfolio will grow to more than 2.5 GW across 10 sites.

    About Cipher
    Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network’s critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of and additional bitcoin mining data centers, expectations regarding the operations of mining centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 5, 2024, and in Cipher’s subsequent filings with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contacts:
    Investor Contact:
    Josh Kane
    Head of Investor Relations at Cipher Mining
    josh.kane@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    The MIL Network –

  • MIL-OSI Asia-Pac: SITI commences visit to Wuhan (with photos)

    Source: Hong Kong Government special administrative region

    SITI commences visit to Wuhan (with photos)
    SITI commences visit to Wuhan (with photos)
    *******************************************

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, began his visit to Wuhan, Hubei Province today (September 24).     Professor Sun called on Vice Governor of Hubei Province Ms Chen Ping, and exchanged views on the development of innovation and technology (I&T) and new industries in Hong Kong and Hubei. At the meeting, Professor Sun introduced the Hong Kong Special Administrative Region Government’s plan and latest work on leading the development of the city’s I&T industry. He also learned about Hubei’s strengths in I&T and advanced manufacturing, particularly the development of chips and new energy vehicle industries. They also explored ways to further strengthen co-operation between Hubei and Hong Kong in technological innovation and industry development.     Professor Sun later visited the Wuhan National Laboratory for Optoelectronics of the Huazhong University of Science and Technology. It is one of the first six national research centres approved by the Ministry of Science and Technology, and is a research platform focusing on fundamental science and technology in the fields of optoelectronics for information, energy and life. Professor Sun was briefed on the laboratory’s development history, research conditions and innovation achievements, as well as the comprehensive support and services it provides to the “Optics Valley of China, Wuhan” and the development and industrialisation of the optoelectronics industry.     Professor Sun then visited the Jiufengshan Laboratory to learn about its work on promoting the development of the fundamental research of compound semiconductor in order to support Wuhan to become a global compound semiconductor innovation centre and industry cluster. In a tour of the laboratory’s chip process lines and professional testing infrastructure, he was kept abreast of the facility’s efforts in pushing forward the technological frontier by aiming at research and development (R&D), technology development, transformation of R&D outcomes as well as detection and analysis on compound semiconductor.     Professor Sun visited the Wuhan East Lake High-tech Development Zone in the evening and received an update on the development of the optoelectronics information industry cluster, as well as the efforts and achievements in building the “World Optics Valley”. Professor Sun also encouraged the East Lake High-tech Development Zone to set up accelerators and incubators in Hong Kong.      The Commissioner for Industry (Innovation and Technology), Dr Ge Ming, also joined the visit.      Professor Sun will continue his visit to Wuhan tomorrow (September 25).

     
    Ends/Tuesday, September 24, 2024Issued at HKT 21:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by FS at business luncheon Hong Kong-Spain: Partnering for Success (English only) (with photos)

    Source: Hong Kong Government special administrative region

         Following is the speech by the Financial Secretary, Mr Paul Chan, at business luncheon Hong Kong-Spain: Partnering for Success in Madrid, Spain, today (September 24, Madrid time): Dr Peter Lam (Chairman of the Hong Kong Trade Development Council), Ms Jarillo (Deputy Director General for Asia, Europe and Oceania, Ministry of Economy, Trade and Enterprise of Spain, Ms Laura Jarillo), distinguished guests, ladies and gentlemen,      Good afternoon. I’m delighted to be here, in Madrid, the dynamic capital and financial heart of Spain, a city renowned for its world-class museums and fine dining and wine, not to mention the best football club in Europe, if not the world. What more can a visitor ask for?     Well, I can tell you that this speaker, and the young and energetic innovation and technology delegation here with me, are pleased to be here, with you, to talk about how Spanish and Hong Kong business can partner for success long-term, mutually rewarding success.Hong Kong, connecting Spain and Asia     Ladies and gentlemen, like Spain, Hong Kong is back in business after the challenges of the COVID pandemic, back creating opportunity for a world of business. Spain, included of course.     Hong Kong has long been recognised as one of the best connected cities in the world. Half the global population is no more than a five-hour flight away from us.     Before the pandemic, Hong Kong International Airport operated 1 100 flights a day, covering 220 destinations. Today, passenger throughput is rebounding, reaching over 80 per cent of pre-pandemic levels on peak days, with full resumption expected by year’s end.     As for cargo, our airport has been the busiest in the world for 13 of the last 14 years.     This strategic connectivity is enhanced by Hong Kong’s institutional advantages, reinforcing our role as a “super connector” in Asia.     The unique “one country, two systems” arrangement makes this possible.     As part of China, Hong Kong enjoys convenient and sometimes priority access to the vast Mainland market, particularly the Guangdong-Hong Kong-Macao Greater Bay Area, a city cluster comprising Hong Kong, Macao and nine Mainland cities in Guangdong province.      The Greater Bay Area’s collective population counts more than 87 million, with a GDP exceeding 1.8 trillion euros, surpassing that of Australia and the Republic of Korea.     And, on a purchasing power parity basis, the per capita GDP of the Greater Bay Area is US$40,000, 75 per cent of Spain’s. (Note: HK’s is US$71,500)     Hong Kong, let me add, is the most international city in China, thanks to the “two systems” that distinguish us.     We are the only jurisdiction in China practising the common law system, our judiciary exercising its powers independently. Information, capital, goods and people flow freely in and out of our city. Our taxes are low and simple, with a currency pegged to the US dollar. Our regulatory systems and professional services align with the best international standards.     Our commitment to the rule of law is exemplified by the Rule of Law Index, produced by the World Justice Project. In the latest Index, Hong Kong ranked 23rd and Spain 24th, both ahead of the United States.     Hong Kong’s enduring strengths will continue to thrive, as our country is committed to the “one country, two systems” principle for the long term. This commitment has been reiterated by President Xi Jinping on multiple occasions, and reaffirmed at various high-level state and party meetings in Beijing.     Last year, China and Spain celebrated the 50th anniversary of diplomatic ties. And those ties continue to grow. Earlier this month, Prime Minister Sanchez was in Beijing, his second trip to the Chinese capital in two years.     As political and economic ties between our two countries strengthen, Hong Kong is proud to play a pivotal role in fostering more two-way investments, and more economic, innovation and cultural exchanges.Financial Services     One obvious area where we can contribute is financial services.      Hong Kong, after all, is an international financial centre – number three worldwide, behind only New York and London, according to the latest Global Financial Centres Index, released today.     We have a robust fund-raising market. Our stock market’s total capitalisation stands at 3.7 trillion euros, while assets managed by private equity and venture capital exceed 200 billion euros. Hong Kong is the leading biotech fund-raising hub in Asia, too.     A defining feature of our capital market are the “Connect Schemes” with the Mainland. Under the schemes, Mainland investors can buy stock, bonds, ETFs and derivatives directly from Hong Kong, while foreign investors can buy similar financial products on the Mainland through Hong Kong. In short, Spanish companies looking to list or issue bonds in Hong Kong can tap the capital from both the Mainland and international markets.     Hong Kong is also the world’s offshore renminbi hub. As the use of renminbi as a trade and reserve currency increases, businesses will naturally look for renminbi-denominated investment and risk-management tools. Hong Kong handles approximately 80 per cent of global offshore renminbi transactions, offering a wide range of investment and risk-management products.     Then there’s green and sustainable finance. We have long been Asia’s leader in green finance, issuing, on average, more than 55 billion euros in green and sustainable debt a year over the past three years.     Our green standards align with the best international practices. To take an example, the Hong Kong Taxonomy for Sustainable Finance, released in May, is highly compatible with the European Union’s Taxonomy for Sustainable Activities.     For green projects looking for funding, Hong Kong is simply Asia’s premier destination.Innovation and Technology     No less important is our commitment to rise as a global innovation and technology hub, together with the Greater Bay Area.     We have what it takes to realise that ambition. Hong Kong is home to five global top 100 universities, and our two medical schools are among the world’s top 40.     We also support 29 labs and research and development centres in collaboration with prestigious universities around the world.      Our start-up system is thriving, offering a variety of innovative products in fintech, green tech, biotech, supply-chain management, big-data analytics and more. And 20 per cent of our 4 200 start-ups were founded by overseas entrepreneurs.     Many of them are based in our two main innovation flagships: Science and Technology Park and Cyberport. And you will soon hear more from senior executives from these institutions, Albert and Eric. Let me add that our delegation members, many of them founders and CEOs of start-ups, are eager to talk to you, to explore business opportunities together.     Hong Kong boasts a full-spectrum financing market, including banks, private equity funds, venture-capital funds and a well-developed stock and bond market. These provide abundant financial support for tech companies local and global, at different stages of growth.     Greater Bay Area cities, let me add, each offers distinct strengths in innovation and technology; from basic research to technological application, commercialisation, and advanced manufacturing.      This year, the World Intellectual Property Organization’s Global Innovation Index ranked the Shenzhen-Hong Kong-Guangzhou cluster second, globally, for the fifth consecutive year.     Now, allow me now to highlight a few I&T areas where Hong Kong and the Greater Bay Area offer singular advantages, starting with artificial intelligence.      Crucial to AI are algorithms, supercomputing power, data and application scenarios, all of which Hong Kong is blessed with. We serve as a convergence point for Mainland and international data. We are also investing in the necessary i
    nfrastructure, including a supercomputer centre. Hong Kong and the Greater Bay Area provide many different application scenarios for AI. Many AI companies, let me add, are choosing Hong Kong to develop their large language models and to go global.     Biotechnology is also a priority. And we are planning to conduct clinical trials for the Greater Bay Area. We are also working on a “primary evaluation system” that will allow medicine and medical devices approved in Hong Kong to be widely used in the Greater Bay Area, the Asian region and around the world.     Then there’s the Northern Metropolis, a 300-square kilometre area in Hong Kong bordering Shenzhen. The Northern Metropolis is destined to rise as an innovation and technology hub, a vast bridgehead for Hong Kong’s co-operation with other Greater Bay Area cities.     Ladies and gentlemen, that just touches on the opportunities Hong Kong is actively pursuing. But let me say that we’re particularly focused on four areas: AI, biotech, fintech and new energy and new materials. We are bringing in strategic companies to help us develop those sectors. Since the end of 2022, we have attracted over 100 tech companies to Hong Kong. Together, they will invest about 6 billion euros and create more than 15 000 jobs in our city.      We are equally keen on attracting talent. Since the launch of the new talent admission schemes and updating existing ones, to date, we’ve received some 360 000 applications under our various talent admission schemes. About 226 000 applications have been approved, and 150 000 professionals have already arrived in Hong Kong, I’m pleased to say.Concluding remarks     Ladies and gentlemen, Hong Kong offers boundless opportunities for Spanish companies – as a gateway to the Chinese Mainland and throughout Asia, and as a hub for financial services and I&T.     My thanks to the Hong Kong Trade Development Council for hosting today’s luncheon, and to our Spanish partners, including CEOC, ICEX and the Spanish Chamber of Commerce, for make this welcome gathering possible.     I am happy now to take your questions, to hear your thoughts and ideas on how our two economies and peoples can deepen our co-operation, creating far-reaching opportunities that benefit us all.     Thank you.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Friends With Paws celebrates therapy dog at Calhoun County Middle High School

    Source: US State of West Virginia

    CategoriesEnglish, MIL OSI, US State Governments, US State of West Virginia

    MOUNT ZION, WV –  First Lady Cathy Justice announced today that one of the state’s newest therapy dogs through the Friends With Paws program is thriving and doing incredible work at Calhoun County Middle High School.

    Coco is a male Chocolate Labrador Retriever and was celebrated during a Pup Rally held at the school. Representatives from the First Lady’s Office, along with students, faculty, staff, and several other local leaders, were in attendance. 

    While Coco is the 29th dog placed through the program, a total of 38 Friends With Paws therapy dogs have been placed throughout the state.

    “We are thrilled to celebrate Coco at Calhoun County Middle High School,” First Lady Cathy Justice said. “Therapy dogs like Coco offer so much more than just a friendly face—they provide comfort, reduce stress, and create a calming environment for our students. These dogs are making a real difference, offering support when it’s needed most, helping children feel safe, and encouraging emotional well-being. Coco will be a cherished companion and an important part of this school’s journey toward a brighter, healthier future.”
    The Friends With Paws program places certified therapy dogs in several schools across the state, providing companionship and comfort for students in need of a boost. 

    Therapy dogs are specially trained to provide comfort and support to people in various tense environments. They can help people feel at ease, improve their mood, relieve anxiety, and remove social barriers. Therapy dogs are highly trained and certified to show their ability to work in stressful environments, ignore distractions, and provide therapy to people with diverse backgrounds and circumstances.

    “Coco fosters meaningful relationships and provides comfort to both students and staff, showing us that compassion and connection can profoundly enhance our school community,” Michael Fitzwater, Superintendent of Calhoun County Schools, said.
    Following today’s assembly, students and staff had the chance to spend extra time with Coco.
    “Calhoun Middle High School believes that every child deserves a safe and nurturing environment to thrive,” Michelle Paxton, Principal at Calhoun Middle High School said. “Therapy dogs, such as Coco, provide unique emotional support, and we are excited to see how this initiative can positively impact our students at Calhoun Middle High School.”

    The Friends With Paws program is a partnership between the Governor’s Office, West Virginia Communities In Schools (CIS) Nonprofit, and the West Virginia Department of Education. Therapy dogs are placed in schools within CIS counties where students are disproportionately affected by poverty, substance misuse, or other at-risk situations, and are in the greatest need of a support animal. The dogs serve as a healthy and friendly outlet for these students to address trauma and other social-emotional issues.

    “Coco has made an incredible impact at Calhoun Middle High School,” Assistant Superintendent of Calhoun County Schools Jeannie Bennett-Yoak said. “His presence brings joy, comfort, and a sense of calm to our students and staff alike. We are immensely grateful to First Lady Justice, her dedicated staff, Ultimate Canine, and Communities in Schools for providing such a valuable resource. The bond Coco has formed with our school community is truly uplifting and has significantly enhanced the emotional well-being of everyone here.”
    More information about Friends With Paws can be found in Communities In Schools: Friends With Paws, a documentary produced by West Virginia Public Broadcasting. Click HERE to view the documentary.
     
    A 2019 study published by the National Institute of Health found that a dog’s presence in the classroom promotes a positive mood and provides significant anti-stress effects on the body.

    In addition, research shows that the simple act of petting animals releases an automatic relaxation response. Therapy animals’ lower anxiety and help people relax, provide comfort, reduce loneliness, and increase mental stimulation. They are also shown to lower blood pressure and improve cardiovascular health, reduce the number of medications some people need, help control breathing in those with anxiety, and diminish overall physical pain, among other profound benefits.

    MIL OSI USA News –

  • MIL-OSI USA: U.S. Court of Appeals for Veterans Claims 16th Judicial Conference

    Source: US Department of Veterans Affairs

    Thanks so much to everybody. Good morning to you. Thank you for inviting me to join you for your 16th Judicial Conference.

    You had me a couple of years ago. The fact that you welcomed me back notwithstanding the intervening time as Secretary I take as a mildly positive sign. We’ll see how the reviews are on that at the end of the speech.

    Chief Judge [Michael] Allen, thank you so much for the introduction. It’s fitting that you’ve stepped up to Chief Judge during this conference because, as I gather, your introduction to Veterans law for the first time was when you accepted an invitation to speak to this very conference in 2006. And at that conference, you recognized the importance of Veterans law, and so here we are.

    Thanks for all you have done for Veterans, even before you joined this Court. You became one of the first professors with expertise in Veterans law, and you founded one of the law school clinics providing pro bono legal access for our nation’s heroes. I appreciate that one of your very first actions as Chief Judge was to introduce me just now. And so, I take that very seriously. So, thanks for that. I hope the rest of your tenure is as auspicious.

    Judge [Margaret] Bartley, also known as Chief Judge Bartley for the last five years, congratulations. And thank you for your 30 years of service to Veterans. You’ve worked to ensure that Veterans receive all the benefits and services they’ve deserved and they have so richly earned, provided them with pro bono representation yourself, clerked for this Court, been appointed as a judge on this Court, and elevated then to Chief Judge. Your service to Veterans, to the national interest, to the country, has been remarkable.

    And thanks also to all of you here at this Court, including this Court’s other distinguished judges, VA employees from the Board of Veterans Appeals and Office of General Counsel, attorneys representing Veterans before the CAVC [Court of Appeals for Veterans Claims], law professors, law students, and of course Veterans. No matter your role, you all care deeply about our nation’s heroes.

    One of the benefits of this biannual event is that it brings us all together. It might be on different sides of the table, but each one of us supports Veterans all the time.

    Let me begin where this Court began.

    During legislative hearings leading to passage of the Veterans’ Judicial Review Act in 1988, Sonny Montgomery—then-Chairman of the House Veterans Affairs Committee—said, “Accurate, informal, efficient, and fair. These are the goals which have guided the committee in … expanding judicial review of VA decision-making …. [It is] not intended to express displeasure with the BVA [Board of Veterans’ Appeals] method of reviewing claims or imply that the existing review process is unfair.”

    “To the contrary,” he said, “the committee believes that Veterans presently receive every possible consideration where the BVA reviews a case, and the committee expects that the new court will be similarly inclined.”

    That’s quite a statement from the chairman of a Congressional committee. And given that statement, and Chairman Montgomery’s observation about “Veterans [receiving] every possible consideration,” I’ve been wondering what he would think of the last few years, years which have seen significant improvements and significant developments in Veterans law.

    Two changes in particular have impacted the Veterans law landscape.

    First, the Appeals Modernization Act [AMA], implemented in 2019, has improved the appeals process—so far. The AMA has made appeals faster, it’s provided Veterans different options for addressing denied claims. But we are still operating in two separate legal systems, with different options for Veterans filing appeals, and thousands of Legacy claims being adjudicated.

    Second, President Biden’s PACT Act in 2022 greatly expanded VA health care eligibility for toxic-exposed Veterans and extended enhanced eligibility for Vietnam era, Gulf War era, and Post-9/11 combat Vets. We’re seeing Veterans file more benefits claims than ever before.

    In 2023, VA processed nearly 2 million benefits claims—a record high. So far this year, we’ve exceeded that by processing more than 2.4 million, with another 10 days left, yet, in the fiscal year, on pace to surpass last year’s record by more than 27%. The VBA grant rate for these claims is 64.2%—and as high as 75% for PACT Act claims. In 2024, the average overall disability rating granted to Veterans is 70%, with over $20,000 per year in disability compensation.

    Now, I know I’ve just listed a bunch of stats. Nearly every one of them represents all-time VA highs. But let’s remember that behind every one of them is a Veteran and their family receiving life-changing benefits and care.

    Now, breaking records is good. But it’s not good enough. Because here’s the bottom line: we have a lot of work left to do, a lot of improvement. In fact, we need to improve. We must keep Veterans at the heart of everything we do. Part of that involves the appeals process. So, let’s talk about what that looks like.

    When Veterans aren’t satisfied with decisions they’ve received, they have several recourses under the AMA, as you well know. Over the last three years, the Board of Veterans Appeals has hired more than 50 Veterans Law Judges, hired more than 350 attorneys, and has issued more decisions than ever before.

    In 2023, the Board issued 103,245 appeals decisions, again a record. And in 2024, the Board has already issued more than 111,000 decisions—another record again, with 10 days left in the fiscal year—so I don’t want any of the BVA personnel or the Board of Appeals team in the room there thinking that you can take the next 10 days off.

    The appeal rate to this Court has dipped over the last several years also. And last year, it was 7.4% of cases. However, this year there will still be about 9,000 BVA decisions appealed to this Court. Nine thousand of our nation’s heroes who have not received all the benefits they believe they’re entitled to, and in fact they believe VA has wrongfully denied them access to.

    Nine thousand.

    It’s long and complicated, and many of appeals don’t result in the outcome they desire. But it’s not simply the denial of benefits that makes Veterans unhappy. It’s the process, which can involve remand after remand and years and years of waiting.

    Each week, hundreds of Veterans send me letters. I’d estimate that a third of those express frustration—and let’s just say I’m being diplomatic here—frustration with the benefits claims and appeals process. Let me share selections from a few of them.

    In June, Travis in North Carolina wrote me: “Dear Secretary McDonough, I am a military Veteran writing to express my deep frustration with the unacceptably long wait times for decisions on VA disability claims. After sacrificing for my country, I now find myself struggling with service-connected disabilities and trapped in a seemingly endless bureaucratic process. This unresolved claim has caused tremendous stress and hardship for myself and my family. We rely on disability compensation not only for income, but for access to VA health care critical for treating my service-connected disability.”

    Later in June, I received a letter from Chris in California—U.S. Marine, Vietnam, now in his 70s. He described multiple remands from Board judges ordering tests from an orthopedic specialist and x-rays to determine service connection for arthritis. But, Chris wrote, a VA contractor sent him to urgent care, not a specialist, and sent him to an imaging center incapable of conducting x-rays. He’s still waiting to see a specialist. He’s still waiting for x-rays. Chris ended with, “I am dismayed, disappointed, even appalled that our government and country I was so excited and happy to serve at 17 years of age would treat me this way. Shame on you and on your team.”

    Shame.

    And in August, Deborah in Tennessee, emailed me. Her husband, Army Vet, had a disability compensation rating of 100%. “Since his death in 2022,” she wrote, “I’ve been trying to get widows benefits. I’ve filed, been rejected, appealed, got a Veterans assistance firm to help, but every time the VA comes up with some sort of excuse, in the hopes I’ll give up. I have to borrow money from family members just to pay utilities bills. I fear I’ll lose my home. I need help to get through the process. Please help me.”

    Now, there’s countless other Veteran letters I receive that express similar disappointment, heartache, anger, betrayal. So how can we address—alleviate—that frustration that Veterans so clearly express with our appeals process?

    Well, we do it by getting to the root of these issues.

    The Board of Veterans Appeals grants Veterans relief about one third of the time. One third.

    Yes, we have to follow the law, we want to follow the law, we do follow the law. There’s no way to wave a wand and grant every single appeal. But too many Veterans—caught in the endless churn of remand after remand, claims examination after examination, hearing after hearing—don’t trust the process. We need Veterans to trust us, to trust the appeals process, and to understand why we reach the decisions, even if, in fact particularly when, they walk away disappointed. We—the Board, this Court, private counsel—can gain trust through final decisions, and final decisions that are faster than Veterans get today.

    Look, the AMA has enabled us to make the process better, although there is still more to be done. Over the last few years, the Board’s AMA decisions result in 20% fewer remands and 10% higher grant rates. On average, final resolution of all issues in AMA cases takes between two to three years, faster than the seven to 10-year average before the passage of the AMA. But still, two to three years is too long.

    Here’s the reality. Today, Legacy appeals take about six years. That’s faster than before, but that’s still six years. None of us thinks six years is fast enough. That duration is going to tick up and up, and appeals are going to take longer and longer, because there’s 40,000 Legacy cases still at VA.

    Each year this Court remands thousands of additional Legacy cases to the Board. At any given time, 54% of the Legacy cases the Board is adjudicating have already been seen by a Board judge at least twice, nearly 30% at least three times, and almost 10% have already been adjudicated five times or more. 

    Even after the Board resolves all issues, for many Veterans the journey’s not over. It can take years to get a decision from this Court or the Federal Circuit. Typically, that decision just returns the case to the Board for further adjudication.

    I think we can do better for Veterans. I know some of you are talking about these issues in various settings, including sessions with the Bar Association. And that’s encouraging. Yes, it’s important to capture ideas and suggestions for change down the road, but let’s think about how we can help more Veterans now—improvements that VA, this Court, the private bar can implement sooner rather than later to benefit Vets. Now, none of us is immune here. We can all do better, no matter where we work.

    First, the claims examination process. Contractors speeding through compensation and pension exams, or not carrying out clear instructions on what to focus on, or conducting exams rife with inaccuracies. VA can—in fact, must—ensure that these exams are more accurate, with higher quality, leading to more resolved claims. Under Secretary [of Benefits, Josh] Jacobs and his team are working hard to implement quality measures on C&P exams—reducing unnecessary exams where we can so as to get to a decision sooner.

    Second, the Board of Veterans Appeals. I’ve challenged the Board to increase efficiencies. I’ve asked them to increase capacity, increase output. I’ve asked them to find ways to fill hearing slots that open up due to cancellations and increase appeal resolution rates so that we can reduce wait times for Veterans. I’ve also asked the Board to explore how we better inform Veterans of the expected wait times before their appeal will be issued. I know they are discussing these issues, and they’re figuring out how to do it. It’s not easy. The hiring process, which we’ve had our foot on the gas on over these last several years—also too slow.

    Remands going back and forth between the Board and this Court often aren’t productive, in my view. We’ve heard concerns that sending remanded cases back to the same Board judge may not always be the best way to get finality.

    Third, this Court. I ask you to ask yourselves, if we’re remanding 75% of appeals back to the Board, are we doing everything we can for Vets? Are we moving with efficiency and urgency? Vets don’t want to wait year after year, not knowing whether they’ll receive benefits or not. Veterans need timely, fair, final decisions on their claims, decisions that either grant their benefits, or fairly deny those benefits only after proper hearing, proper development, a full consideration of all the evidence developed, and a correct application of law. They don’t want to be stuck in legal limbo. 

    Fourth, private counsel. One of the AMA’s improvements is that it gives Veterans options besides filing an appeal with this Court. Consider whether you’re always choosing the best option for your client, especially when the Veteran, or their surviving family member, or their living family member, wants a final decision on the claim—and quickly. Is an appeal to this Court the best option for your client when you know there’s a strong likelihood of a remand, or even multiple remands, and no resolution for years and years? Or would it be better for the Veteran to file a supplemental claim that can be processed much faster than a remanded appeal?

    To everyone, please think about what happens if the system stays the same. Thousands and thousands of Veterans will continue to wait, burdened by what to them is a broken bureaucracy. They will continue to view appeals with disappointment and anger.

    What are Veterans doing to make the system work for them? They are turning to unaccredited representatives who call themselves “coaches” or “consultants,” charging Vets high amounts or outrageous percentages of future benefits. Veterans turn to these claim sharks because they promise the Veteran they’ll get a quicker resolution. And as payment, the Veteran signs over a portion of the benefits that Veteran earned serving our nation. This surely is not what we want.

    We have to do better.

    We need finality, and we need that finality more quickly. Finality in the appeals process isn’t dictated by just one factor or one specific actor. Getting to final decisions—and how we get there—depends on actions and decisions of VA, claimants, their lawyers, and judges. If we want Vets to receive benefits they are entitled to, and for their claims decided fairly and justly—which everyone in this room surely wants—we must focus on finality and achieving finality with urgency.

    Let’s consider how we make the system better for Vets. Talk about this with each other during your time here and after you leave. Because what everyone wants, I know, is for Veterans to receive all the benefits they have earned, accurately, quickly, fairly—the goals Chairman Montgomery hoped this Court would achieve.

    The President often says that our nation’s only sacred obligation is to prepare and equip the troops we send into harm’s way, and to care for them and their families when they come home. The second part of that solemn duty is VA’s to fulfill, each and every day. And in this instance, it’s not on VA alone. It’s on each of us here. Each decision at VBA, the Board, this Court, and counsel appearing before this Court has an impact on the Veteran. And often, the impact on a Veteran, their families, and survivors is, in fact, life changing.

    Remember, justice delayed is justice denied. Veterans did not hesitate to raise their hands and put their lives on the line for all of us. They didn’t say wait. So, let’s not make them wait one second longer than they have to for their hard-earned benefits.

    It’s on all of us to make that happen.

    Thanks for letting me be here today with you, and now let’s hear from you on your questions.

    Really appreciate you.

    Chief Judge, back to you.

    MIL OSI USA News –

  • MIL-OSI Europe: Sweden increases 2024 humanitarian assistance by SEK 461 million

    Source: Government of Sweden

    Sweden increases 2024 humanitarian assistance by SEK 461 million – Government.se

    Please enable javascript in your browser

    Press release from Ministry for Foreign Affairs

    Published

    The Government has decided to advance its allocations to the UN World Food Programme (WFP), the UN Refugee Agency (UNHCR) and the UN Population Fund (UNFPA). This comes as humanitarian needs are increasing while these organisations’ life-saving activities are severely underfunded. Sweden is therefore augmenting its 2024 support by SEK 461 million, of which SEK 186 million will be allocated to WFP to stave off famine, SEK 185 million to UNHCR to help displaced people and SEK 90 million to UNFPA to prevent maternal mortality and combat gender-based violence.

    “We see how humanitarian crises around the world are becoming deeper and more numerous, while funding is not increasing at the same pace. A record number of people are displaced. More than a million people are on the brink of starvation in Gaza, Haiti, Mali, Sudan and South Sudan. The support we’ve approved will help the family in Darfur who lost everything when fleeing violence and conflict and, at best, might only have a loaf of bread to share for dinner tonight, or the heavily pregnant woman in Gaza who might not survive childbirth. Sweden’s development assistance makes a difference in these heartbreaking situations,” says Minister for International Development Cooperation and Foreign Trade Benjamin Dousa.

    Hunger and forced displacement are currently two of the most prominent humanitarian challenges. More than 300 million people are suffering from chronic hunger in 71 countries, and more than 120 million people are displaced from their homes. For the first time in seven years, there is famine in the world – this time in Sudan, where more than 12 million people have been forced to flee their homes since April 2023. Women and girls are often particularly vulnerable in humanitarian crises and lack life-saving maternal health care and other sexual and reproductive health services. The assessment of the UN is that more than 300 million people will need humanitarian assistance in 2024.

    At the same time, donor countries have only provided one third of the funding required. A number of humanitarian organisations are thus facing an urgent and extremely strained situation. These include the central UN agencies – UNHCR, WFP and UNFPA – where liquidity shortages are currently threatening their ability to help people in need. It is therefore particularly urgent that the Government disburse Sweden’s support to these UN agencies now, earlier than planned, when their life-saving operations are needed most. Sweden will also provide SEK 185 million to UNHCR and SEK 133 million to WFP in remaining funds that the Government approved earlier this year. Sweden is providing a total of SEK 779 million to these three UN agencies – much needed additional funding for an important cause.

    Sweden is one of the world’s largest humanitarian donors. Every day, Swedish kronor help people with the most pressing humanitarian needs. This government decision means that Sweden is taking even greater responsibility for helping people who are displaced, suffering from famine, lacking maternal health care or subjected to gender-based violence. At the same time, more actors must renew their efforts to reduce humanitarian needs and expand the humanitarian donor base.

    Press contact

    MIL OSI Europe News –