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MIL-OSI United Kingdom: UK steps up life-saving medical support for Ukraine’s Armed Forces
Source: United Kingdom – Executive Government & Departments

Press release

UK steps up life-saving medical support for Ukraine’s Armed Forces

The Ministry of Defence will double its funding for medical and rehabilitation services for Ukraine’s troops
Britain is stepping up support for Ukrainian troops wounded on the frontline, who will receive life-saving medical support and rehabilitation services through the UK’s Project Renovator. The programme, which will see its funding doubled, also includes training for surgeons and rebuilding of a military hospital targeted by Russian bombs.

Project Renovator draws on the UK’s leading defence medical expertise to expand Ukraine’s military rehabilitation and medical services and help troops who suffered life-changing injuries to return to the frontline or help them readjust to civilian life after the conflict ends.

Defence Secretary John Healey MP has today announced a new £20m funding package to step up the programme further – doubling the Government’s funding for the scheme – as the UK’s cast-iron commitment to Ukraine continues three years into the conflict.

The project, which started in October 2023 demonstrates the UK’s international leadership role, taking responsibility for repairing and upgrading a military rehabilitation hospital which was targeted and bombed by Putin’s forces earlier in the conflict. The UK is also encouraging allies to support and grow this work as part of the broader NATO Comprehensive Assistance Package for Ukraine scheme.

From providing life-saving surgery, to issuing advanced prosthetics, physiotherapy, and aftercare, the rehabilitation hospital will be a significant upgrade for Ukraine’s current services, with Ukrainian surgeons, doctors, and nurses being trained by the UK.

The announcement comes on the third anniversary of Putin launching his illegal full-scale invasion, as the Home Office announced new measures to block Russian elites entering the UK. It forms part of this Government’s record support for Ukraine this year – building on £12.8 billion worth of military, humanitarian, and economic support since the beginning of the full-scale invasion.

Defence Secretary, John Healey MP, said:

As we mark three years of this brutal conflict, Putin is still waging a war he thought he would win in three days, because of fierce resistance to the Russian invasion from ordinary Ukrainians – military and civilian alike.

In this critical period, Ukrainians need our support to keep them in the fight and to put their nation in the strongest possible position ahead of any talks. That’s why we are stepping up further our UK leadership and life-saving medical support for brave Ukrainian fighters. Our commitment to them is unshakeable.

I’m proud of the UK’s leadership in supporting Ukraine, both now and in the long-term, and this new investment in Ukraine’s military medical services will harness the UK’s leading expertise to ensure wounded troops are given the best treatment possible.

The work will help address a major challenge posed by the conflict, with the largest casualty figures seen in Europe since the Second World War. The support stands in stark contrast to Russia’s widely-reported poor treatment of Russian casualties and veterans, leading to instances of crime and violence when they return from the frontline.

While a small number of British personnel have been working to deliver the project in Ukraine, nearly 100 Ukrainian surgeons, doctors, and nurses are due to travel to the UK this year to receive further medical training using the latest techniques and equipment.

Around £20m of money from a NATO common fund has been invested in the rehabilitation hospital so far, much of which was provided by the UK. In addition to major structural repairs, improvements have included more than £300k worth of new gym equipment, and £400k worth of prosthetics and associated equipment.

Norway has also announced it is carrying out similar work to repair and improve a similar facility under the same NATO scheme, working closely with the UK. It comes as both nations have committed to deepen military ties, with a new agreement being drawn up following a visit from the Defence Secretary last week.

Defence Medical Services personnel from Project Renovator have been working with the team at the UK’s world-leading equivalent, the Defence Medical Rehabilitation Centre at Stanford Hall, to produce around 50 rehabilitation training videos to support the training of Ukrainian medical staff.

Minister for Veterans and People, Alistair Carns DSO, OBE, MC, said:

The UK Armed Forces are experts in the area of defence medical services and rehabilitation, pioneering the field during the Second World War.

These services are absolutely essential to ensuring veterans get the support they need to go back to their daily lives after being on the frontline, especially if wounded.

The Defence Medical Rehabilitation Centre at Stanford Hall in particular is a world-leading facility, and I am proud that the equipment and the skills of our personnel are being put to good use in supporting Ukraine.

This year, the UK will spend £4.5 billion on military assistance for Ukraine – more than ever before. Supporting Ukraine in the conflict and to secure a peace deal is critical for the security of Europe and the UK, a foundation for the Prime Minister’s Plan for Change. Earlier this month, the Defence Secretary announced a new £150 million firepower package including drones, tanks and air defence systems.

Since July 2024, the Government has provided over £5.26 billion in military aid and financial support to Ukraine, including a £3 billion annual military aid and a £2.26 billion loan for military spending. This includes £300 million for artillery ammunition and £68 million for air defence systems, as well as the new £150 million firepower package for thousands of drones, dozens of battle tanks and armoured vehicles.

The UK Government has supplied over 90,000 rounds of 155mm artillery, 150 artillery barrels, and 10 AS90 self-propelled howitzers. Air defence support includes 17 Gravehawk systems, 1,000 counter-drone electronic warfare systems, and £68 million for radars and counter-drone tech.

The UK has also invested £7.5 million in drone technology and continues training, surpassing 50,000 Ukrainian troops under Operation Interflex. Naval support totals £92 million, providing drones, uncrewed vessels, loitering munitions, and mine countermeasure drones.

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Published 24 February 2025

Invasion of Ukraine

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MIL OSI United Kingdom –
February 25, 2025
MIL-OSI USA: ICE arrests, detains UK citizen upon release from New York City’s Metropolitan Detention Center for violating US immigration laws

Source: US Immigration and Customs Enforcement

NEW YORK – U.S. Immigration and Customs Enforcement arrested Mark Adrian Vicars, a 58-year-old citizen of the United Kingdom illegally present in the United States, on Feb 21 who was previously convicted for impersonating a U.S. Federal Air Marshal, among other offenses, upon his release from the U.S. Bureau of Prisons Metropolitan Detention Center in Brooklyn, New York.

“Vicars not only dishonored our federal law enforcement community and violated our nation’s immigration laws, but he posed a clear and present threat to the community’s safety being heavily armed with illegal weapons,” said ICE Enforcement and Removal Operations New York City acting Field Office Director William P. Joyce. “Anyone who illegally arrives in our U.S. cities to cause havoc on our streets is a prime target for removal from our nation.”

Vicars is now detained without bond at the Batavia Federal Detention Facility, pending his removal from the U.S.

The Nassau County Court sentenced Vicars on Sept. 8, 2017, to concurrent sentences on multiple crimes in relation to possession of firearms. He was sentenced six years imprisonment and five years post-release supervision for criminal possession of a weapon and loaded firearm; six years imprisonment and five years post-release supervision for criminal possession of a weapon and possession of five or more firearms; and, one year imprisonment for the crime of possession of a forged instrument.

Vicars was subsequently sentenced on Oct. 23, 2024, to four months imprisonment with supervised release for two years on a charge of false statement on a passport application.

Members of the public can report crimes and suspicious activity by dialing 866-347-2423 or completing ICE’s online tip form.

Learn more about ICE’s mission to preserve public safety on X at @ERONewYork.

MIL OSI USA News –

February 25, 2025
MIL-OSI Global: The anatomy of fight-ending blows and chokes in combat sports

Source: The Conversation – UK – By Adam Taylor, Professor of Anatomy, Lancaster University

The human body has evolved to shield its vital organs, from the brain’s hard skull and meninges to the ribs and sternum protecting the heart and lungs. Even abdominal structures are safeguarded by muscular layers. In contact sports, understanding these vulnerabilities can give competitors the edge, allowing them to take down an opponent with a knockout or submission.

Head and neck

In many sports, a blow to the head is a quick route to a knockout (KO). Strikes to the side of the head can lead to KOs — and sadly, sometimes death. These blows can rupture vital blood vessels around the brain, triggering rapid bleeding that causes instant symptoms or slowly compresses the brain, leading to a coma and eventual death.

Blows to the chin are usually much more effective for an instant KO. They can generate significant force by rotational acceleration through the brain tissue. They may also result in “diffuse axonal injury”, where the force generated causes long nerves in the brain to stretch or tear.

The neck is often exploited in mixed martial arts (MMA) and jiu-jitsu. The rear-naked choke is one of the more effective, taking 8.9 seconds to render an opponent unconscious. This choke cuts off blood flow to the brain through the two main carotid arteries, which each deliver up to 590ml of blood to the brain per minute.

It takes just nine seconds to render someone unconscious with a rear naked choke.
Marco Crupi/Shutterstock

Unconsciousness from the heart stopping beating can occur in as little as eight seconds. Arteries running through the neck to the brain are also susceptible to direct trauma in combat sports, potentially leading to paralysis or even death.

Nerves and bones

The legs are a key target in combat sports, such as muay thai and MMA. Low kicks to the outside of the thigh and buttock area target the sciatic nerve – the largest nerve in the body. The sciatic nerve supplies muscles on the back of your leg and bottom of your foot.

Although this nerve is rarely permanently injured in most sports, repeated trauma can cause numbness, weakness or paralysis of the muscles it supplies.

Another target is a branch of the sciatic nerve called the common peroneal nerve. It sits underneath a bony bulge on the outside of your leg just below the knee. Repeated targeting of this nerve can result in the inability to stand because the foot drops and the person can’t sense its position or inability to move the affected foot.

Because of the direction of kicks to this area, almost 60% of muay thai fighters report contracture (shortening) of their calf (gastrocnemius) muscle, in response to repeated trauma.

Armbars and ankle locks are also rapid ways to bring things to an end. Armbars involve trapping the arm in such a way that the elbow is in the hyper-extended position, trying to force it beyond straight. On the back of the joint is a large bony bulge called the olecranon, which prevents over-extension.

If an opponent doesn’t “tap out”, the joint cavity and tissues of the elbow sprain or tear or the radius or ulna break.

Ankle locks are often described as one of the most painful locks. This is because, when done properly, it hyper-extends the ankle joint and compresses the achilles tendon, which is the largest and thickest tendon in the body and has many sensory receptors for pressure.

This is further exacerbated because many of the nerves passing through the ankle have little or no protection from muscle or connective tissues and there are 11 ligaments that support the ankle, all now having excessive forces stretch through them.

Abdomen

Attacking the abdomen is common in combat sports as it’s an easier target to hit than the head. There are two blows to this area that can end a fight. Blows to the liver and to the spleen.

The liver sits on the right, protected by the ribs. But hitting the body over or just below this area can send shock waves into the liver that result in instant crippling pain because of the large number of critical nerves that sit behind it. These nerves are responsible for important functions including monitoring organ status and blood vessel diameter.

Some of these punches can result in death from internal bleeding. The liver receives a huge volume of blood: 25% of the heart’s output. Any significant injury can tear the liver, causing fatal blood loss.

The left side can have similar consequences, tucked behind the lower ribs at the back on this side is the spleen, a soft and blood-filled organ which is often silently or subtly torn by blunt-force trauma, such as car accidents, contact sports or broken ribs.

It often gives no or vague symptoms and can bleed slowly after the initial injury occurrence, resulting in collapse or death a few hours after the event.

The heart

Commotio cordis is a rare cause of sudden death, occurring most commonly in young male athletes who are struck in the chest. It occurs in the absence of visible heart damage.

This trauma causes a fatal interruption to the electrical activity of the regular heartbeat. The reason that all chest blows don’t result in this outcome is because it is believed to have to happen at a specific part of the electrical conduction through the heart – called the T-wave, which usually accounts for about 1% of the heartbeat cycle time. The T-wave increases with exercise, which is why commotio cordis is usually seen in exercising young athletes.

For commotio cordis to occur, the impact must generate roughly 50 joules of energy, which is roughly equivalent to a baseball travelling at about 40mph.

The illegal stuff

Most of the above blows are allowed in most combat sports. However, some things that occur during fights aren’t. Punching the back of the head – so-called rabbit punches are banned because they can snap the cervical vertebrae at the top of the neck and potentially the spinal cord, which can have significant lifelong injuries, or even death.

Likewise, groin strikes are banned too, they can prevent people from having children and are incredibly painful because of the vast number of highly sensitive nerves that supply that area in men and women.

While reading this may make you wince, it also brings a newfound respect for those athletes who train and repeatedly put themselves through a gruelling regime in these true contact sports.

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

– ref. The anatomy of fight-ending blows and chokes in combat sports – https://theconversation.com/the-anatomy-of-fight-ending-blows-and-chokes-in-combat-sports-248382

MIL OSI – Global Reports –

February 25, 2025
MIL-OSI: CBAK Energy’s 32140 Cells Capture 19% of Global Market Share, Report Shows

Source: GlobeNewswire (MIL-OSI)

DALIAN, China, Feb. 24, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy” or the “Company”), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced its significant global market share in the rapidly growing large cylindrical battery segment, which saw remarkable growth in 2024.

According to the latest report from Start Point Institute of Research (“SPIR Report”), global shipments of Series 32 large cylindrical batteries, which includes the Company’s 32140 cylindrical cells, surged to 102 million units in 2024, with a year-over-year increase of 14.29%. CBAK Energy played a pivotal role in this growth, delivering 19.42 million units of its 32140 large cylindrical batteries, capturing approximately 19% of the global market share of Series 32 batteries.

The SPIR Report further noted that total global shipments of large cylindrical batteries, encompassing both Series 32 and Series 40 cylindrical cells, reached 175 million units in 2024. Of this total, CBAK Energy’s 32140 cylindrical cells accounted for an estimated 11.1% of combined global shipments, underscoring the Company’s substantial contribution to this fast-growing market.

In addition, the SPIR Report highlighted that shipments of other cylindrical battery series, including Series 26, 46, 60, and 66, totaled 500 million units globally in 2024, with Series 26 likely comprising the largest portion. CBAK Energy also made significant strides in this segment, shipping approximately 32.04 million units of its 26650 and 26700 cylindrical batteries in 2024, which represents around 6.4% of the combined global market share.

The global cylindrical battery market as a whole saw impressive growth in 2024, with total shipments reaching 14.61 billion units, marking a 10.9% year-over-year increase, as reported by SPIR. This surge was driven by the growing demand for large cylindrical batteries across a variety of applications, including new energy vehicles, electric two- and three-wheelers, portable power stations, power tools, and drones. CBAK Energy’s commanding market share in Series 32 batteries and large cylindrical batteries highlights the Company’s leadership in providing high-performance, reliable energy storage solutions. To meet the rising demand, both of CBAK Energy’s production lines for 32140 batteries are operating at full capacity. The Company’s 40135 cylindrical cells, classified under the Series 40 battery category, are set to be launched in 2025.

“We are encouraged by our performance in the large cylindrical battery market in 2024,” said Zhiguang Hu, Chief Executive Officer of CBAK Energy. “The significant growth in this segment, driven by increased adoption in electric two-wheelers and portable power solutions, highlights our ability to meet the evolving needs of our customers. Our strong market share reflects our ongoing commitment to innovation, quality, and delivering exceptional energy storage solutions.”

About CBAK Energy
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries and raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing and Shaoxing, as well as a large-scale R&D and production base in Dalian.

For more information, please visit ir.cbak.com.cn.

Safe Harbor Statement
This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

For further inquiries, please contact:
In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Email: ir@cbak.com.cn

The MIL Network –

February 25, 2025
MIL-OSI Canada: Statement by the Prime Minister marking three years since Russia’s full-scale invasion of Ukraine

Source: Government of Canada – Prime Minister

The Prime Minister, Justin Trudeau, today issued the following statement marking three years since Russia’s full-scale invasion of Ukraine:

“On February 24, 2022, Russia launched an illegal, full-scale invasion of Ukraine, unleashing a campaign of unimaginable brutality that has left hundreds of thousands dead. The invasion was an escalation of a war of aggression, an unequivocal violation of Ukraine’s sovereignty and territorial integrity, and an attack against freedom, democracy, and international law, including the United Nations Charter.

“When Putin ordered his tanks across the Ukrainian border, he thought Kyiv would quickly fall and the people of Ukraine would surrender. He was wrong. Three years later, Ukraine stands defiant. Ukrainians are valiantly protecting their territory against relentless Russian attacks. Russian aggression has been met with fierce defence and, winter after winter, the Ukrainian flag flies over Kyiv.

“Ukrainians are continuing to live their lives – united in hope, courage, pride, and an unbreakable love for their country. They are fighting for their families, their land, their heritage, and their identity. They are fighting to ensure that Putin not be rewarded for his unprovoked and unjustifiable aggression. They are fighting to remind the world that democracy and freedom are important enough to die for – and that Ukrainians are strong enough to win.

“That is what is at stake, and that is why Canada stands resolute with Ukraine. Our support includes billions of dollars for equipment and capabilities like multi-mission drones, armoured combat vehicles, small arms, ammunition, F-16 pilot training, and a National Advanced Surface-to-Air Missile System. Under Operation UNIFIER, the Canadian Armed Forces has trained over 44,000 Ukrainian troops since 2015. We have imposed sanctions on the Russian regime as well as its war chest and oligarchs. As part of the 2024 Fall Economic Statement, we proposed legislative changes to ensure profits from frozen Russian assets in Canada are used to rebuild Ukraine. As part of the International Coalition for the Return of Ukrainian Children, co-led by Canada and Ukraine, we are working with our international partners to ensure the safe return of Ukrainian children unlawfully deported and illegally transferred by Russia. As G7 President this year, Canada will continue to stand with Ukraine and support a just and lasting peace for its people.

“The friendship between Canada and Ukraine runs deep. Ukrainian immigrants arrived on our shores in 1891 and, generation after generation, the community has helped build the Canada we know and love. Today, we are proudly home to 1.3 million people of Ukrainian descent, and over the past three years, Canadians from all walks of life have stood side-by-side with the community – by waving flags and wearing pins; by donating to charities and helping with Ukrainian resettlement efforts; by learning more about Ukraine’s fight for sovereignty and, when President Zelenskyy visited Canada in 2023, proudly singing the Ukrainian national anthem right alongside him. To our friends in Ukraine: We stand with you, and our support for your sovereignty is ironclad.

“On this solemn day, we remind ourselves that Ukraine is fighting for freedom, justice, and democracy – values that Canada will always defend. We support a future for Ukraine that’s written by Ukrainians. A future where Ukraine stands strong and free.

“Slava Ukraini!”

MIL OSI Canada News –

February 25, 2025
MIL-OSI Global: Why religion is fundamental to addressing climate change

Source: The Conversation – UK – By Hanane Benadi, Research Officer, Religion and Global Society, London School of Economics and Political Science

“There is no time for imagination, religious or otherwise. We need to act now!” an irritated scientist told me during a workshop on climate change and religion in 2024. Contrary to the tone of his comment, this scientist was not dismissing religion as being marginal to tackling climate change, but his underlying assumption rang clear: religion, while undoubtedly a necessary part of the solution, is only useful if it works alongside rational science.

Research by me and my colleagues suggests that framing religion and science as totally separate entities is unhelpful in advancing a global response to climate change.

In 2022 and 2023, I spent four months conducting fieldwork in Egypt, living and interacting with Muslim and Christian communities in Cairo and Alexandria. As a salient reminder of the ongoing climate crisis, my research took place over the summer, when temperatures reached more than 45°C.

These heatwaves were a part of everyday discussions, but I didn’t hear only scientific jargon used to refer to these phenomena. Often, religion was the language used to make sense of the heat.

As an Anglican priest in Alexandria told me, members of his congregation understood these heatwaves as manifestations of climate change, but at the same time asked him: “What is God is trying to tell us? Is this a sign of his anger? What should we do?” In other words, while scientific knowledge was used to explain the extreme heat, religion gave it meaning.

Building a global response to the climate crisis requires us to learn about the many ways people make sense of climate change and learn to live with its consequences. And for most of the world’s population, a purely scientific framing is unhelpful.

Science v religion?

The long-perceived tension between religion and science seems to be reappearing today as we confront climate change. The scientist’s reaction to my work is one example of this, which left me wondering: what role is religion playing in tackling climate change globally? And how often is it framed as a field outside of science?

Unfortunately, the approach adopted on the global climate stage seems to perpetuate a hierarchy of knowledge that implies that science trumps social and cultural influences such as religion and ethics. It is telling that the UN’s Intergovernmental Panel on Climate Change, the preeminent global body on climate policy, still relies heavily on hard science in presenting its findings, despite efforts in its latest reports to highlight the role of social sciences and humanities, including religion, can play.

With my team from the LSE Religion and Global Society research unit, I ran a climate change and religion workshop in Cairo with Muslim and Christian female and male faith leaders. Many of the 30 participants explained they felt frustrated that the climate science lens dominates.

One member of a faith-based organisation told me during an interview after the workshop that: “We are often approached by western organisations and research institutions to collaborate. However, when we ask about the nature of these collaborations, it is often reduced to our logo and a couple of statements that tell people that they should care about climate change.”

Rather than taking religion seriously on its own terms, climate science often shapes what kind of role religion should play in communicating climate change. This is a problem.

Science meets religion

Our current work with female scientists in Egypt is teaching us that in many non-western countries, such as Egypt, the religious and the scientific cannot be as easily untangled as some might like to think.

I asked an Egyptian scientist who has been working on water management for the last 30 years how she sees the future of water in her country. She began her response with a verse from the Quran before turning to a scientific explanation of what that entails.

While much of her work is informed by scientific models of reason that underpin the Egyptian state’s nationalist development projects, she can hold together scientific and religious ethical modes of reasoning. Bringing an understanding of this overlap to international climate policy is critical for creating global solidarity around this issue.

Fortunately, things are changing. Through initiatives such as the UN Environment Programme’s Faith for Earth Coalition and the faith pavilion at recent UN climate summits, religious groups are becoming more prevalent and active on the global climate stage.

But efforts to seek collaborations between scientists and faith communities are not good enough. We need to resist the urge to see religion as a mere vehicle for convincing most of the global population for whom religion gives meaning to life. The only way we can do that is for scientists and faith leaders to start laying the groundwork for new ways of thinking together.

As Russian author Leo Tolstoy once wrote, “Science is meaningless because it has no answer to the only questions that matter to us: ‘What should we do and how shall we live?‘” The climate crisis demands new ways of thinking, new ways of perceiving reality, and religion is fundamental to achieving that.

Don’t have time to read about climate change as much as you’d like?

Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.

Hanane Benadi receives funding from British Academy.

Hanane Benadi is a Research Officer at the London School of Economics

– ref. Why religion is fundamental to addressing climate change – https://theconversation.com/why-religion-is-fundamental-to-addressing-climate-change-248074

MIL OSI – Global Reports –

February 25, 2025
MIL-OSI United Kingdom: New red route to be introduced on busy city road

Source: City of Leicester

WORK to prepare the busy A6 in Leicester for new measures to control dangerous and inconsiderate parking will get under way next month.

Leicester City Council is set to install a ‘red route’ – or ‘no stopping order’ – along the full length of Abbey Lane and St Margaret’s Way to reduce congestion and keep traffic flowing.

A red route means that where there are double red lines marked on the road, along the kerb line, no stopping is permitted at any time, even to drop off or pick up passengers or deliveries.

The new measures will help prevent unauthorised and inconsiderate parking, particularly by car transporters, which can be a significant cause of congestion along the route.

Enforcement of the new red route – which will affect the stretch of road between the inner ring road and Red Hill Circle in both directions – will be carried out by camera car.

Drivers caught illegally stopping on the red route will face a £70 fine, reduced to £35 if paid within 21 days of the penalty charge notice (PCN) being issued.

Exemptions will be in place for buses and hackney carriages.

This will be the second red route introduced in Leicester. The first, on parts of London Road, has been in operation since it was introduced on an experimental basis in summer 2020.

The Traffic Regulation Order required to introduce the new red route on Abbey Lane and St Margeret’s Way was advertised in summer 2023 and received no objections.

Cllr Geoff Whittle, assistant city mayor for transport, said: “The introduction of a red route will build on the major investment we have already made in highways improvements on and around Abbey Lane and St Margaret’s Way.

“The new rules are being introduced, after public consultation, to tackle the problem of cars and lorries stopping illegally along this busy road. It will help cut congestion, keep traffic moving more efficiently and improve this important route in and out of the city for all road users.”

Work to prepare the route for the new no stopping order will get under way from Monday 3 March and is expected to take around four weeks to complete.

To help minimise disruption, work to remove the old yellow lines and apply the new red route markings will take place during off-peak hours, between 7.30pm and 11.30pm, when the road is less busy.

The work will be carried out in phases, with temporary lane restrictions in place.

However, up to four short road closures will be required on the A6 while work is carried out between Thurcaston Road and at its junctions with Corporation Road and Beaumont Leys Lane. These are programmed to take place on the outbound route on Sunday 9^th March and Monday 17^th March 2025 and on the inbound route on Monday 10^th March and Sunday 23^rd March 2025. The road closures will be in place between 7.30pm and 11.30pm and well-signposted diversion will be in place.

Access to properties will be maintained throughout the works.

The introduction of the new red route is the latest in a major programme of improvements, maintenance and resurfacing carried out on the A6 St Margarets Way and Abbey over the last 18 months. It’s part of a citywide programme of works – backed by £40 million of government cash through the Transforming Cities Fund – to encourage more people to make the shift to sustainable transport and help ease congestion.

MIL OSI United Kingdom –

February 25, 2025

MIL-OSI: Form 8.3 – [ALLIANCE PHARMA PLC – 21 02 2025] – (CGWL)

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	ALLIANCE PHARMA PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	21 FEBRUARY 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	12,188,561	2.2548
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	12,188,561	2.2548

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
1p ORDINARY	SALE	5,836	60.8605p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
NONE

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
NONE

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
NONE

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	24 FEBRUARY 2025
Contact name:	MARK ELLIOTT
Telephone number:	01253 376539

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

February 25, 2025

MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 21 02 2025] – (CGWL)

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	LEARNING TECHNOLOGIES GROUP PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	21 FEBRUARY 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	0.375p ORDINARY
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	9,011,268	1.1371
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	9,011,268	1.1371

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
0.375p ORDINARY	SALE	22,103	99.2131p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
NONE

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
NONE

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
NONE

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure:	24 FEBRUARY 2025
Contact name:	MARK ELLIOTT
Telephone number:	01253 376539

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

February 25, 2025

MIL-OSI: Gran Tierra Energy Inc. Announces 2024 Fourth Quarter & Year-End Results

Source: GlobeNewswire (MIL-OSI)

Record Fourth Quarter Production of 41,009 BOEPD
Realized 2024 Net Income of $3 Million ($0.10 per Share, Basic) and 2024 Adjusted EBITDA¹of $367 Million
Delivered Net Cash Provided by Operating Activities of $239.3 million, up 5% from 2023
Generated 2024 Funds Flow from Operations¹of $225 Million and Achieved 2024 Average Working Interest Production of 34,710 BOEPD, up 6% from 2023
Sixth Consecutive Year of 1P Total Company Reserves Growth
Highest Year-End Total Company Reserves in Company History – 167 MMBOE 1P, 293 MMBOE 2P and 385 MMBOE 3P and Achieved 702% 1P, 1,249% 2P and 1,500% 3P Reserves Replacement
Net Asset Value per Share³of $35.22 Before Tax and $19.51 After Tax (1P), and $71.14 Before Tax and $41.03 After Tax (2P)
Achieved Company’s Best Safety Performance on Record in 2024

CALGARY, Alberta, Feb. 24, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced the Company’s financial and operating results for the fourth quarter (“the Quarter”) and year ended December 31, 2024.³ All dollar amounts are in United States (“U.S.”) dollars and all reserves and production volumes are on an average working interest before royalties (“WI”) basis unless otherwise indicated. Production is expressed in barrels of oil equivalent (“boe”) per day (“boepd”), and reserves are expressed in boe or million boe (“MMBOE”), unless otherwise indicated. Gran Tierra’s 2024 year-end reserves were evaluated by the Company’s independent qualified reserves evaluator McDaniel & Associates Consultants Ltd. (“McDaniel”) in a report with an effective date of December 31, 2024 (the “GTE McDaniel Reserves Report”). All reserves values, future net revenue and ancillary information contained in this press release have been prepared by McDaniel and calculated in compliance with Canadian National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities (“NI 51-101”) and the Canadian Oil and Gas Evaluation Handbook (“COGEH”) and derived from the GTE McDaniel Reserves Report, unless otherwise expressly stated. The following reserves categories are discussed in this press release: Proved Developed Producing (“PDP”), Proved (“1P”), 1P plus Probable (“2P”) and 2P plus Possible (“3P”).

FOURTH QUARTER AND FULL-YEAR 2024 OPERATIONAL AND FINANCIAL HIGHLIGHTS

Message to Shareholders

Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “2025 is set to be a transformational year for Gran Tierra as we advance exploration drilling in Ecuador, fulfilling all our commitments in the country while integrating our new entry into Canada. We ended 2024 at record highs across all reserve categories and production, setting a solid foundation for the future. While 2024 was dedicated to investing in resource capture, 2025 and beyond will be focused on execution—unlocking the full potential of our extensive, oil-weighted portfolio, which holds over 293 million BOE of 2P reserves. We are also pleased to confirm that Gran Tierra successfully met its average production guidance target for 2024. Furthermore, in 2024, Gran Tierra demonstrated its confidence in the Company’s future prospects by repurchasing 6.7% of our outstanding shares⁴ of common stock through our normal course issuer bid (“NCIB”) program, showing our dedication to long-term shareholder value creation. With a current before tax 1P net asset value of $35.23 per share, repurchases remain a strategic and efficient way to return capital to our shareholders, while reinforcing our commitment to long-term value creation.

We are excited about the prospects of our 2025 exploration initiatives in Ecuador and Colombia, where we are set to drill between 6 to 8 high-impact exploration wells in our base case. These prospects have the potential to be significant catalysts in our commitment to unlock new reserves and drive sustainable growth. On the development front, we look forward to further appraising our Ecuador discoveries, commencing development of the large Cohembi field, drilling wells in the Montney and appraisal wells in the Clearwater and Central Alberta. With a robust and diverse portfolio of assets, Gran Tierra is poised to capitalize on emerging opportunities and deliver value to all our stakeholders. As we continue to profitably advance our operational and financial goals, we remain deeply committed to the well-being of our employees and the communities where we operate, recognizing their essential role in our success.”

Operational:

Production:
- Gran Tierra achieved 2024 average WI production of 34,710 boepd, representing a 6% increase from 2023, as a result of positive exploration results in Ecuador and two months of production from Canadian operations acquired on October 31, 2024, partially offset by lower production in the Acordionero field caused by downtime related to workovers and deferred production from blockades in Suroriente during the Quarter.
- Building on the Company’s successful development drilling in 2024 and integrating its recently acquired Canadian assets, Gran Tierra expects 2025 production of 47,000-53,000 boepd, as previously forecast. This projected 2025 production increase is expected to result from the Company’s previously forecast 2025 development drilling program of 5-7 gross wells in Suroriente, 2-3 appraisal wells in Ecuador, as well as 6 development wells in Canada. Gran Tierra also plans to drill 6-8 exploration wells in South America in 2025.
2024 Year-End Reserves and Values^3,6:

Before Tax (as of December 31, 2024)	Units	1P	2P	3P
Reserves	MMBOE	167	293	385
Net Present Value at 10% Discount (“NPV10”)	$ million	1,950	3,242	4,517
Net Debt¹	$ million	(683)	(683)	(683)
Net Asset Value (NPV10 less Net Debt) (“NAV”)	$ million	1,267	2,559	3,834
Outstanding Shares	million	35.97	35.97	35.97
NAV per Share	$/share	35.23	71.14	106.62

After Tax (as of December 31, 2024)	Units	1P	2P	3P
Reserves	MMBOE	167	293	385
NPV10	$ million	1,385	2,159	2,930
Net Debt¹	$ million	(683)	(683)	(683)
NAV	$ million	702	1,476	2,247
Outstanding Shares	million	35.97	35.97	35.97
NAV per Share	$/share	19.51	41.03	62.46

As of December 31, 2024, Gran Tierra achieved⁶:
- Before Tax NAV of $1.3 billion (1P), $2.6 billion (2P), and $3.8 billion (3P)
- After Tax NAV of $0.7 billion (1P), $1.5 billion (2P), and $2.2 billion (3P)
- Strong reserves replacement ratios of:
  - 702% 1P, with 1P reserves additions of 89 MMBOE.
  - 1,249% 2P, with 2P reserves additions of 159 MMBOE.
  - 1,500% 3P, with 3P reserves additions of 191 MMBOE.
- NAV per share of $35.23 Before Tax and $19.51 After Tax (1P), and $71.14 Before Tax and $41.03 After Tax (2P). Gran Tierra’s current share price trades at significant discounts across all of the Company’s NAV per share categories.
- Finding, development and acquisition costs (“FD&A”), including change in future development costs (“FDC”), on a per boe basis of $9.74 (1P), $8.11 (2P) and $6.92 (3P).
- FD&A costs excluding change in FDC, on a per boe basis of $4.49 (1P), $2.52 (2P) and $2.10 (3P).
- Canada now represents 46% of 1P and 51% of 2P reserves compared to Gran Tierra’s total reserves.

Financial:

2024 Net Income: Gran Tierra realized a net income of $3.2 million or $0.10 per share (basic and diluted), compared to net loss of $6.3 million, or $(0.19) per share (basic and diluted) in 2023.
2024 Adjusted EBITDA¹: The Company realized Adjusted EBITDA¹ of $366.8 million, a decrease of 8% from $399.4 million in 2023, commensurate with the decrease in the Brent oil price.
2024 Net Cash Provided by Operating Activities: The Company generated net cash provided by operating activities of $239.3 million, an increase of 5% from $228.0 million in 2023.
2024 Funds Flow from Operations¹: Gran Tierra realized funds flow from operations¹ of $224.9 million, compared to $276.8 million in 2023.
2024 Capital Expenditures: Capital expenditures increased by $7.7 million or 3% to $234.2 million compared to 2023 due to a higher number of wells drilled in 2024, which was predominately funded by the Company’s 2024 net cash provided by operating activities of $239.3 million.
Key Metrics During the Quarter: The Company realized net income of $34.2 million, Adjusted EBITDA¹ of $76.2 million, and funds flow from operations¹ of $44.1 million, compared with $1.1 million, $92.8 million, and $60.3 million, respectively, in third quarter 2024 (“the Prior Quarter”). The Company recognized record high quarterly production of 41,009 BOEPD.
Cash Balance: The Company had $103.4 million in cash and cash equivalents as at December 31, 2024 an increase compared to a cash balance of $62.1 million as at December 31, 2023.
Share Buybacks: Since January 1, 2022, through its NCIB programs, the Company has re-purchased 6.8 million shares of Common Stock representing about 19% of shares outstanding as of December 31, 2024.
2024 Operating Costs: Total operating expenses were $202.3 million, compared to $186.9 million in 2023, representing an 8% increase while operating expenses per boe were $16.14, 2% higher when compared to 2023. This increase in 2024 was primarily as a result of higher workovers, and removal of diesel subsidies and higher gas and electricity costs in Colombia, partially offset by lower operating costs in Ecuador as a result of production ramp-up in 2024.
2024 Cash General and Administrative Costs: The Company’s gross cash general and administrative (“G&A”) costs decreased to $3.18 per boe from $3.38 per boe in 2023. Total cash G&A costs were $39.9 million, a decrease of 1% from $40.1 million in 2023, due to lower business development, legal and consulting costs compared to 2023, offset by the addition of two months of G&A from the newly acquired Canadian operation.
Oil, Natural Gas and Natural Gas Liquids (“NGL”) Sales:
- 2024: Gran Tierra’s oil, natural gas and NGL sales decreased 2% to $621.8 million, compared to $637.0 million in 2023. This decrease was primarily driven by a 3% decrease in Brent price and a 6% decrease in sales volumes in Colombia, offset by an increase in sales volumes in Ecuador and two months of production in Canada and lower differentials.
- The Quarter: Gran Tierra generated oil, natural gas and NGL sales of $147.3 million, a decrease of 3% or $4.1 million from the Prior Quarter, primarily driven by a 6% decrease in the Brent oil price, offsetting a 31% increase in production. Oil, natural gas and NGL sales were $39.73 per boe, a 22% decrease from the Prior Quarter primarily as a result of low natural gas prices in Canada.
Operating Netback¹:
- 2024: Gran Tierra’s operating netback¹ of $31.99 per boe was down 13% from $36.72 in 2023.
- The Quarter: The Company’s operating netback¹ of $22.19 per boe was lower by 38% from the fourth quarter 2023 and a decrease of 35% from the Prior Quarter due to increased weighting to natural gas in Canada and lower oil price.

Operational Update

Colombia:
- Suroriente Block: The first well on the Cohembi North pad spud on February 10, 2025, with production expected by the end of the first quarter of 2025.
Ecuador:
- Iguana Block: Gran Tierra is currently drilling the first exploration well in its 6-8 well program with the Iguana SUR-B1 exploration well which was spud on February 4, 2025.
Canada:
- Simonette: The development plan with our new joint venture partner, Logan Energy Corp., has commenced with the first two horizontal wells being drilled. Both wells are planned to be stimulated by the end of February and onstream by the end of the first quarter 2025.
- Central: Gran Tierra has drilled and completed a well in the Nisku with a horizontal lateral length of over 3,000 meters; testing has commenced.
- Clearwater: Gran Tierra has drilled 5 new wells in the Clearwater at East Dawson and Walrus. The program has confirmed the quality of our acreage in the Clearwater play. These wells are expected to come on-stream in the first quarter 2025. A pilot waterflood at Marten Hills will commence with the drilling of a multilateral injector in the first quarter 2025.

Gran Tierra’s Commitment to Go “Beyond Compliance” with Safe and Sustainable Operations

2024 was the Company’s safest year on record. GTE has accumulated a total of 27.8 million person-hours without a Lost Time Injury (LTI), and in 2024, the Company’s Total Recordable Incident Frequency (TRIF) was 0.03, placing Gran Tierra in the top quartile for safety performance across its operating regions.
2024 was another exciting year for the NaturAmazonas project, a partnership founded by Conservation International and Gran Tierra Energy in 2017. The high-quality cocoa produced through this program garnered international attention resulting in a signed commercial agreement with KAOKA, one of the largest buyers of organic cocoa worldwide, to export 12.5 tons of organic deforestation free cocoa. This outcome means additional markets and incomes for producers in Putumayo.
To date, the NaturAmazonas program has seen over 3,500 hectares of the Amazonian rainforest restored including over 1.6 million trees planted. The meliponiculturists (stingless beekeepers) from our Sustainable Productive Landscapes program, own Colombia’s largest number of hives, which is estimated to be 6,000 hives. Their bees contribute to pollination across approximately 24,000 hectares of native forests and cultivated plantations.
The NaturAmazonas project has also benefited more than 4,200 families from the departments of Putumayo, Caquetá and Cauca, who have been trained in conservation techniques and supported the implementation of sustainable economic opportunities such as the production of organic cocoa, honey and açaí.
Gran Tierra has been accepted by the Voluntary Principles Initiative (VPI) as an official member of the Voluntary Principles for Security and Human Rights world-wide initiative.

Corporate Presentation:

Gran Tierra’s Corporate Presentation has been updated and is available at www.grantierra.com.

Financial and Operational Highlights⁵(all amounts in $000s, except per share and boe amounts)

	Year Ended						Three Months Ended
	December 31,			December 31,			December 31,			December 31,			September 30,
		2024			2023			2024			2023			2024
Net Income (Loss)	$	3,216		$	(6,287	)	$	(34,210	)	$	7,711		$	1,133
Net Income (Loss) Per Share – Basic	$	0.10		$	(0.19	)	$	(1.04	)	$	0.24		$	0.04
Net Income (Loss) Per Share – Diluted	$	0.10		$	(0.19	)	$	(1.04	)	$	0.23		$	0.04

Oil, Natural Gas and NGL Sales	$	621,849		$	636,957		$	147,290		$	154,944		$	151,373
Operating Expenses		(202,331	)		(186,864	)		(60,770	)		(47,637	)		(46,060	)
Transportation Expenses		(18,464	)		(14,546	)		(4,279	)		(3,947	)		(3,911	)
Operating Netback¹	$	401,054		$	435,547		$	82,241		$	103,360		$	101,402

G&A Expenses Before Stock-based Compensation	$	39,912		$	40,124		$	8,672		$	11,072		$	9,491
G&A Expenses (Recovery) Stock-Based Compensation		9,707			5,722			3,331			1,974			(3,145	)
G&A Expenses, Including Stock-Based Compensation	$	49,619		$	45,846		$	12,003		$	13,046		$	6,346

EBITDA¹	$	355,690		$	377,550		$	65,247		$	83,634		$	97,365

Adjusted EBITDA¹	$	366,758		$	399,355		$	76,168		$	92,964		$	92,794

Net Cash Provided by Operating Activities	$	239,321		$	227,992		$	26,607		$	69,027		$	78,654

Funds Flow from Operations¹	$	224,941		$	276,785		$	44,129		$	84,663		$	60,338

Capital Expenditures	$	234,236		$	226,584		$	70,413		$	35,826		$	49,779

Free Cash Flow¹	$	(9,295	)	$	50,201		$	(26,284	)	$	48,837		$	10,559

Average Daily Volumes (BOEPD)
Working Interest Production Before Royalties		34,710			32,647			41,009			31,309			32,764
Royalties		(6,820	)		(6,548	)		(7,327	)		(6,417	)		(6,776	)
Production NAR		27,890			26,099			33,682			24,892			25,988
(Decrease) Increase in Inventory		(454	)		(152	)		(712	)		57			(523	)
Sales		27,436			25,947			32,970			24,949			25,465
Royalties, % of WI Production Before Royalties		20	%		20	%		18	%		20	%		21	%

Per boe⁵
Brent	$	79.86		$	82.16		$	74.01		$	82.85		$	78.71
Quality and Transportation Discount		(17.93	)		(14.91	)		(25.45	)		(15.34	)		(14.10	)
Royalties		(12.33	)		(13.55	)		(8.83	)		(13.47	)		(13.58	)
Average Realized Price	$	49.60		$	53.70		$	39.73		$	54.04		$	51.03
Transportation Expenses		(1.47	)		(1.23	)		(1.15	)		(1.38	)		(1.32	)
Average Realized Price Net of Transportation Expenses	$	48.13		$	52.47		$	38.58		$	52.66		$	49.71
Operating Expenses		(16.14	)		(15.75	)		(16.39	)		(16.61	)		(15.53	)
Operating Netback¹	$	31.99		$	36.72		$	22.19		$	36.05		$	34.18
Cash G&A Expenses		(3.18	)		(3.38	)		(2.34	)		(3.86	)		(3.20	)
Severance Expenses		(0.12	)		—			(0.41	)		—			—
Transaction Costs		(0.47	)		—			(1.20	)		—			(0.49	)
Realized Foreign Exchange Gain (Loss)		0.07			(1.43	)		0.07			(0.34	)		0.34
Cash Settlement on Derivative Instruments		0.09			—			0.30			—			—
Interest Expense, Excluding Amortization of Debt Issuance Costs		(5.38	)		(4.21	)		(5.40	)		(5.35	)		(5.65	)
Interest Income		0.29			0.17			0.34			0.10			0.23
Other Cash Gain		0.12			—			0.40			—			—
Net Lease Payments		0.07			0.16			0.07			0.13			0.07
Current Income Tax (Expense) Recovery		(5.53	)		(4.70	)		(2.12	)		2.80			(5.13	)
Cash Netback¹	$	17.95		$	23.33		$	11.90		$	29.53		$	20.35

Share Information (000s)
Common Stock Outstanding, End of Period		35,972			32,247			35,972			32,247			33,288
Weighted Average Number of Common – Basic		32,043			33,470			34,333			32,861			33,287
Weighted Average Number of Common – Diluted		32,043			33,470			34,333			32,921			33,350

	As at December 31
($000s)		2024		2023	% Change
Cash and cash equivalents	$	103,379	$	62,146	66

Credit facility	$	—	$	36,364	(100	)

Senior Notes	$	786,619	$	536,619	47

Additional information on 2024 expenses:

Quality and Transportation Discount: increased in 2024 to $17.93 per boe compared to $14.91 per boe in 2023.
Transportation Expenses: increased by 20% to $1.47 per boe in 2024 from $1.23 per boe in 2023 primarily due to higher sales volumes transported in Ecuador, two months transportation of sales volumes in Canada through pipelines, and an increase in trucking tariffs for Acordionero volumes in 2024.
Royalties: decreased to $12.33 per boe in 2024, from $13.55 per boe in 2023. This decrease was driven by the 3% decrease in the Brent oil price in 2024 relative to 2023.

_{¹ Operating netback, EBITDA, Adjusted EBITDA, funds flow from operations, net debt, free cash flow, and cash netback, are non-GAAP measures and do not have a standardized meaning under GAAP. Cash flow refers to the GAAP line item “net cash provided by operating activities”. Refer to “Non-GAAP Measures” in this press release for descriptions of these non-GAAP measures and reconciliations to the most directly comparable measures calculated and presented in accordance with GAAP.}
_{² NAV per share is calculated as NPV10 (before or after tax, as applicable) of the applicable reserves category minus net debt, divided by the number of shares of Gran Tierra’s common stock issued and outstanding.}
_{³ All dollar amounts are in United States dollars and production and reserves volumes are on an average WI before royalties basis, unless otherwise indicated. Per boe amounts are based on WI sales before royalties. Production is expressed in boepd and reserves are expressed in boe or MMBOE, unless otherwise indicated. For per boe amounts based on net after royalty (“NAR”) production, see Gran Tierra’s Annual Report on Form 10-K filed February 24, 2025}
_{⁴ Outstanding shares based on December 31, 2023 balance of 32,246,501 shares}
_{⁵ Per boe amounts are based on WI sales before royalties. For per boe amounts based on NAR production, see Gran Tierra’s Annual Report on Form 10-K filed on February 24, 2025.}
_{⁶ The after-tax net present value of the Company’s oil and gas properties reflects the tax burden on the properties on a stand-alone basis. It does not consider the corporate tax situation, or tax planning. It does not provide an estimate of the value at the Company level which may be significantly different. The Company’s financial statements should be consulted for information at the Company level.}

Conference Call Information

Gran Tierra will host its fourth quarter and full year 2024 results conference call on Monday, February 24, 2025, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time, and 4:00 p.m. Greenwich Mean Time. Interested parties may register for the conference call by going to the following link: https://register.vevent.com/register/BI73eac887f1ea473fb403e3c298d6860c. Please note that there is no longer a general dial-in number to participate and each individual party must register through the provided link. Once parties have registered, they will be provided a unique PIN and call-in details. There is also a feature that allows parties to elect to be called back through the “Call Me” function on the platform. Interested parties can also continue to access the live webcast from their mobile or desktop devices by going to the following link: https://edge.media-server.com/mmc/p/6sr4wvg8, which is also available on Gran Tierra’s website at https://www.grantierra.com/investor-relations/presentations-events/.

About Gran Tierra Energy Inc.

Gran Tierra Energy Inc., together with its subsidiaries, is an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia and Ecuador. The Company is currently developing its existing portfolio of assets in Canada, Colombia and Ecuador and will continue to pursue additional new growth opportunities that would further strengthen the Company’s portfolio. The Company’s common stock trades on the NYSE American, the Toronto Stock Exchange and the London Stock Exchange under the ticker symbol GTE. Additional information concerning Gran Tierra is available at www.grantierra.com. Except to the extent expressly stated otherwise, information on the Company’s website or accessible from our website or any other website is not incorporated by reference into and should not be considered part of this press release. Investor inquiries may be directed to info@grantierra.com or (403) 265-3221.

Gran Tierra’s Securities and Exchange Commission (the “SEC”) filings are available on the SEC website at http://www.sec.gov. The Company’s Canadian securities regulatory filings are available on SEDAR+ at http://www.sedarplus.ca and UK regulatory filings are available on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Contact Information

For investor and media inquiries please contact:

Gary Guidry, President & Chief Executive Officer

Ryan Ellson, Executive Vice President & Chief Financial Officer

Tel: +1.403.265.3221

For more information on Gran Tierra please go to: www.grantierra.com.

Forward Looking Statements and Legal Advisories:

This press release contains opinions, forecasts, projections, and other statements about future events or results that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and financial outlook and forward looking information within the meaning of applicable Canadian securities laws (collectively, “forward- looking statements”), which can be identified by such terms as “believe,” “expect,” “anticipate,” “forecast,” “budget,” “will,” “estimate,” “target,” “project,” “plan,” “should,” “guidance,” “outlook,” “strives” or similar expressions are forward-looking statements. Such forward-looking statements include, but are not limited to, the Company’s strategies and expectations, capital program, drilling plans, cost saving initiatives, future sources of funding for capital expenditures and other activities, future planned operations and production estimates, forecast prices, and the Company’s plans to benefit the environment or communities in which it operates. Statements relating to “reserves” are also deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, including that the reserves described can be profitably produced in the future.

The forward-looking statements contained in this press release reflect several material factors and expectations and assumptions of Gran Tierra including, without limitation, that Gran Tierra will continue to conduct its operations in a manner consistent with its current expectations, the ability of Gran Tierra to successfully integrate the assets and operations of i3 Energy or realize the anticipated benefits and operating synergies expected from the acquisition of i3 Energy, the accuracy of testing and production results and seismic data, pricing and cost estimates (including with respect to commodity pricing and exchange rates), rig availability, the risk profile of planned exploration activities, the effects of drilling down-dip, the 5-year weighted-average Brent forecast, the effects of waterflood and multi-stage fracture stimulation operations, the extent and effect of delivery disruptions, and the general continuance of current or, where applicable, assumed operational, regulatory and industry conditions in Canada, Colombia and Ecuador and areas of potential expansion, and the ability of Gran Tierra to execute its business and operational plans in the manner currently planned. Gran Tierra believes the material factors, expectations and assumptions reflected in the forward-looking statements are reasonable at this time but no assurance can be given that these factors, expectations and assumptions will prove to be correct.

Among the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements in this press release are: our operations are located in South America and unexpected problems can arise due to guerilla activity, strikes, local blockades or protests; technical difficulties and operational difficulties may arise which impact the production, transport or sale of our products; other disruptions to local operations; global health events; global and regional changes in the demand, supply, prices, differentials or other market conditions affecting oil and gas, including inflation and changes resulting from a global health crisis, geopolitical events, including the ongoing conflicts in Ukraine and the Gaza region, or from the imposition or lifting of crude oil production quotas or other actions that might be imposed by OPEC and other producing countries and resulting company or third-party actions in response to such changes; changes in commodity prices, including volatility or a prolonged decline in these prices relative to historical or future expected levels; the risk that current global economic and credit conditions may impact oil and natural gas prices and oil and natural gas consumption more than we currently predict, which could cause further modification of our strategy and capital spending program; prices and markets for oil and natural gas are unpredictable and volatile; the effect of hedges; the accuracy of productive capacity of any particular field; geographic, political and weather conditions can impact the production, transport or sale of our products; our ability to execute our business plan, which may include acquisitions, and realize expected benefits from current or future initiatives; the risk that unexpected delays and difficulties in developing currently owned properties may occur; the ability to replace reserves and production and develop and manage reserves on an economically viable basis; the accuracy of testing and production results and seismic data, pricing and cost estimates (including with respect to commodity pricing and exchange rates); the risk profile of planned exploration activities; the effects of drilling down-dip; the effects of waterflood and multi-stage fracture stimulation operations; the extent and effect of delivery disruptions, equipment performance and costs; actions by third parties; the timely receipt of regulatory or other required approvals for our operating activities; the failure of exploratory drilling to result in commercial wells; unexpected delays due to the limited availability of drilling equipment and personnel; volatility or declines in the trading price of our common stock or bonds; the risk that we do not receive the anticipated benefits of government programs, including government tax refunds; our ability to comply with financial covenants in its credit agreement and indentures and make borrowings under any credit agreement; and the risk factors detailed from time to time in Gran Tierra’s periodic reports filed with the Securities and Exchange Commission, including, without limitation, under the caption “Risk Factors” in Gran Tierra’s Annual Report on Form 10-K for the year ended December 31, 2024 filed February 24, 2025 and its other filings with the SEC. These filings are available on the SEC website at http://www.sec.gov and on SEDAR+ at www.sedarplus.ca. Although the current guidance, capital spending program and long term strategy of Gran Tierra are based upon the current expectations of the management of Gran Tierra, should any one of a number of issues arise, Gran Tierra may find it necessary to alter its business strategy and/or capital spending program and there can be no assurance as at the date of this press release as to how those funds may be reallocated or strategy changed and how that would impact Gran Tierra’s results of operations and financial position. Forecasts and expectations that cover multi-year time horizons or are associated with 2P reserves inherently involve increased risks and actual results may differ materially.

All forward-looking statements are made as of the date of this press release and the fact that this press release remains available does not constitute a representation by Gran Tierra that Gran Tierra believes these forward-looking statements continue to be true as of any subsequent date. Actual results may vary materially from the expected results expressed in forward-looking statements. Gran Tierra disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. In addition, historical, current and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.

The estimates of future production, future net revenue and certain expenses or costs set forth in this press release may be considered to be future-oriented financial information or a financial outlook for the purposes of applicable Canadian securities laws. Financial outlook and future-oriented financial information contained in this press release about prospective operational and financial performance, financial position or cash flows are provided to give the reader a better understanding of the potential future performance of the Company in certain areas and are based on assumptions about future events, including economic conditions and proposed courses of action, based on management’s assessment of the relevant information currently available, and to become available in the future. In particular, this press release contains projected operational and financial information for 2025. These projections contain forward-looking statements and are based on a number of material assumptions and factors set out above. Actual results may differ significantly from the projections presented herein. The actual results of Gran Tierra’s operations for any period could vary from the amounts set forth in these projections, and such variations may be material. See above for a discussion of the risks that could cause actual results to vary. The future-oriented financial information and financial outlooks contained in this press release have been approved by management as of the date of this press release. Readers are cautioned that any such financial outlook and future-oriented financial information contained herein should not be used for purposes other than those for which it is disclosed herein. The Company and its management believe that the prospective operational and financial information has been prepared on a reasonable basis, reflecting management’s best estimates and judgments, and represent, to the best of management’s knowledge and opinion, the Company’s expected course of action. However, because this information is highly subjective, it should not be relied on as necessarily indicative of future results.

Non-GAAP Measures

This press release includes non-GAAP financial measures as further described herein. These non-GAAP measures do not have a standardized meaning under GAAP. Investors are cautioned that these measures should not be construed as alternatives to net income or loss, cash flow from operating activities or other measures of financial performance as determined in accordance with GAAP. Gran Tierra’s method of calculating these measures may differ from other companies and, accordingly, they may not be comparable to similar measures used by other companies. Each non-GAAP financial measure is presented along with the corresponding GAAP measure so as not to imply that more emphasis should be placed on the non-GAAP measure.

Net Debt, as presented as at December 31, 2024 is comprised of $787 million (gross) of senior notes outstanding less cash and cash equivalents of $103 million, prepared in accordance with GAAP. Management believes that net debt is a useful supplemental measure for management and investors in order to evaluate the financial sustainability of the Company’s business and leverage. The most directly comparable GAAP measure is total debt.

Operating netback, as presented is defined as oil, natural gas and NGL sales less operating and transportation expenses. Operating netback per boe, as presented is defined as average realized price per boe less operating and transportation expenses per boe. Cash netback, as presented, is defined as net income or loss adjusted for depletion, depreciation and accretion (“DD&A”) expenses, deferred tax expense or recovery, stock-based compensation expense or recovery, amortization of debt issuance costs, non-cash lease expense, lease payments, unrealized foreign exchange gains or losses, other non-cash gains or losses and other financial instruments gains or losses. Cash netback per boe, as presented, is defined as cash netback over WI sales volumes. Management believes that operating netback and cash netback are useful supplemental measures for investors to analyze financial performance and provide an indication of the results generated by Gran Tierra’s principal business activities prior to the consideration of other income and expenses. See the table entitled Financial and Operational Highlights above for the components of operating netback and operating netback per boe. A reconciliation from net income or loss to cash netback is as follows:

	Year Ended						Three Months Ended
	December 31,						December 31,						September 30,
Cash Netback – Non-GAAP Measure ($000s)		2024			2023			2024			2023			2024
Net (loss) income	$	3,216		$	(6,287	)	$	(34,210	)	$	7,711		$	1,133
Adjustments to reconcile net (loss) income to cash netback
DD&A expenses		230,619			215,584			63,406			52,635			55,573
Deferred tax (recovery) expense		(27,888	)		56,759			4,444			13,517			5,550
Stock-based compensation expense (recovery)		9,707			5,722			3,331			1,974			(3,145	)
Amortization of debt issuance costs		12,918			5,831			3,743			2,437			3,109
Non-cash lease expense		5,923			4,967			1,759			1,479			1,370
Lease payments		(5,035	)		(3,018	)		(1,495	)		(1,100	)		(1,171	)
Unrealized foreign exchange (gain) loss		(7,893	)		(5,085	)		(223	)		2,729			(2,081	)
Other non-cash loss		—			2,312			—			3,281			—
Unrealized derivative instruments loss		3,374			—			3,374			—			—
Cash netback (non-GAAP)	$	224,941		$	276,785		$	44,129		$	84,663		$	60,338

EBITDA, as presented, is defined as net income or loss adjusted for DD&A expenses, interest expense, and income tax expense. Adjusted EBITDA, as presented, is defined as EBITDA adjusted for non-cash lease expense, lease payments, foreign exchange gains or losses, transaction costs, other financial instruments gains or losses, other non-cash gain or loss and stock-based compensation expense. Management uses this supplemental measure to analyze performance and income generated by our principal business activities prior to the consideration of how non-cash items affect that income, and believes that this financial measure is a useful supplemental information for investors to analyze our performance and our financial results. A reconciliation from net income or loss or loss to EBITDA and adjusted EBITDA is as follows:

	Year Ended						Three Months Ended
	December 31,						December 31,						September 30,
EBITDA – Non-GAAP Measure ($000s)		2024			2023			2024			2023			2024
Net (loss) income	$	3,216		$	(6,287	)	$	(34,210	)	$	7,711		$	1,133
Adjustments to reconcile net (loss) income to EBITDA and Adjusted EBITDA
DD&A expenses		230,619			215,584			63,406			52,635			55,573
Interest expense		80,466			55,806			23,752			17,789			19,892
Income tax expense		41,389			112,447			12,299			5,499			20,767
EBITDA (non-GAAP)	$	355,690		$	377,550		$	65,247		$	83,634		$	97,365
Non-cash lease expense		5,923			4,967			1,759			1,479			1,370
Lease payments		(5,035	)		(3,018	)		(1,495	)		(1,100	)		(1,171	)
Foreign exchange loss		(8,808	)		11,822			(496	)		3,696			(3,084	)
Unrealized derivative instruments loss		3,374			—			3,374			—			—
Transaction costs		5,907			—			4,448			—			1,459
Other non-cash gain		—			2,312			—			3,281			—
Stock-based compensation expense (recovery)		9,707			5,722			3,331			1,974			(3,145	)
Adjusted EBITDA (non-GAAP)	$	366,758		$	399,355		$	76,168		$	92,964		$	92,794

Funds flow from operations, as presented, is defined as net income or loss adjusted for DD&A expenses, deferred tax expense or recovery, stock-based compensation expense or recovery, amortization of debt issuance costs, non-cash lease expense, lease payments, unrealized foreign exchange gains or losses, other non-cash gains or losses, and other financial instruments gains or losses. Management uses this financial measure to analyze performance and income or loss generated by our principal business activities prior to the consideration of how non-cash items affect that income or loss, and believes that this financial measure is also useful supplemental information for investors to analyze performance and our financial results. Free cash flow, as presented, is defined as funds flow from operations adjusted for capital expenditures. Management uses this financial measure to analyze cash flow generated by our principal business activities after capital requirements and believes that this financial measure is also useful supplemental information for investors to analyze performance and our financial results. A reconciliation from net income or loss or loss to funds flow from operations and free cash flow is as follows:

	Year Ended						Three Months Ended
	December 31,							December 31,						September 30,
Funds Flow From Operations – Non-GAAP Measure ($000s)		2024			2023				2024			2023			2024
Net (loss) income	$	3,216		$	(6,287	)		$	(34,210	)	$	7,711		$	1,133
Adjustments to reconcile net (loss) income to funds flow from operations
DD&A expenses		230,619			215,584				63,406			52,635			55,573
Deferred tax (recovery) expense		(27,888	)		56,759				4,444			13,517			5,550
Stock-based compensation expense (recovery)		9,707			5,722				3,331			1,974			(3,145	)
Amortization of debt issuance costs		12,918			5,831				3,743			2,437			3,109
Non-cash lease expense		5,923			4,967				1,759			1,479			1,370
Lease payments		(5,035	)		(3,018	)			(1,495	)		(1,100	)		(1,171	)
Unrealized foreign exchange (gain) loss		(7,893	)		(5,085	)			(223	)		2,729			(2,081	)
Other non-cash loss		—			2,312				—			3,281			—
Unrealized derivative instruments loss		3,374			—				3,374			—			—
Funds flow from operations (non-GAAP)	$	224,941		$	276,785			$	44,129		$	84,663		$	60,338
Capital expenditures	$	234,236		$	226,584			$	70,413		$	35,826		$	49,779
Free cash flow (non-GAAP)	$	(9,295	)	$	50,201			$	(26,284	)	$	48,837		$	10,559

DISCLOSURE OF OIL AND GAS INFORMATION

Gran Tierra’s Statement of Reserves Data and Other Oil and Gas Information on Form 51-101F1 dated effective as at December 31, 2024, which includes disclosure of its oil and gas reserves and other oil and gas information in accordance with NI 51-101 and COGEH forming the basis of this press release, is available on SEDAR+ at www.sedarplus.ca. All reserves values, future net revenue and ancillary information contained in this press release as of December 31, 2024 are derived from the GTE McDaniel Reserves Report.

Estimates of net present value and future net revenue contained herein do not necessarily represent fair market value of reserves. Estimates of reserves and future net revenue for individual properties may not reflect the same level of confidence as estimates of reserves and future net revenue for all properties, due to the effect of aggregation. There is no assurance that the forecast price and cost assumptions applied by McDaniel in evaluating Gran Tierra’s reserves and future net revenue will be attained and variances could be material. See Gran Tierra’s press release dated January 23, 2025 for a summary of the price forecasts employed by McDaniel in the GTE McDaniel Reserves Report and other information regarding the disclosed future net revenue.

All evaluations of future net revenue contained in the GTE McDaniel Reserves Report are after the deduction of royalties, operating costs, development costs, production costs and abandonment and reclamation costs but before consideration of indirect costs such as administrative, overhead and other miscellaneous expenses. It should not be assumed that the estimates of future net revenue presented in this press release represent the fair market value of the reserves. There are numerous uncertainties inherent in estimating quantities of crude oil and natural gas reserves and the future cash flows attributed to such reserves. The reserve and associated cash flow information set forth in the GTE McDaniel Reserves Report are estimates only and there is no guarantee that the estimated reserves will be recovered. Actual reserves may be greater than or less than the estimates provided therein.

BOEs have been converted on the basis of six thousand cubic feet (“Mcf”) natural gas to 1 boe of oil. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 boe is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. In addition, given that the value ratio based on the current price of oil as compared with natural gas is significantly different from the energy equivalent of six to one, utilizing a BOE conversion ratio of 6 Mcf: 1 boe would be misleading as an indication of value.

References to a formation where evidence of hydrocarbons has been encountered is not necessarily an indicator that hydrocarbons will be recoverable in commercial quantities or in any estimated volume. Gran Tierra’s reported production is a mix of light crude oil and medium, heavy crude oil, tight oil, conventional natural gas, shale gas and natural gas liquids for which there is no precise breakdown since the Company’s sales volumes typically represent blends of more than one product type. Well test results should be considered as preliminary and not necessarily indicative of long-term performance or of ultimate recovery. Well log interpretations indicating oil and gas accumulations are not necessarily indicative of future production or ultimate recovery. If it is indicated that a pressure transient analysis or well-test interpretation has not been carried out, any data disclosed in that respect should be considered preliminary until such analysis has been completed. References to thickness of “oil pay” or of a formation where evidence of hydrocarbons has been encountered is not necessarily an indicator that hydrocarbons will be recoverable in commercial quantities or in any estimated volume.

Future Net Revenue

Future net revenue reflects McDaniel’s forecast of revenue estimated using forecast prices and costs, arising from the anticipated development and production of reserves, after the deduction of royalties, operating costs, development costs and abandonment and reclamation costs and taxes but before consideration of indirect costs such as administrative, overhead and other miscellaneous expenses. The estimate of future net revenue below does not necessarily represent fair market value.

Consolidated Properties at December 31, 2024
Proved (1P) Total Future Net Revenue ($ million)
Forecast Prices and Costs
Years	Sales Revenue	Total Royalties		Operating Costs		Future Development Capital		Abandonment and Reclamation Costs		Future Net Revenue Before Future Taxes	Future Taxes		Future Net Revenue After Future Taxes*
2025-2029 (5 Years)	5,139	(981	)	(1,385	)	(1,025	)	(27	)	1,721	(491	)	1,230
Remainder	3,617	(578	)	(1,549	)	(4	)	(377	)	1,109	(370	)	739
Total (Undiscounted)	8,756	(1,559	)	(2,934	)	(1,029	)	(404	)	2,830	(861	)	1,969
Total (Discounted @ 10%)										1,950	(565	)	1,385

Consolidated Properties at December 31, 2024
Proved Plus Probable (2P) Total Future Net Revenue ($ million)
Forecast Prices and Costs
Years	Sales Revenue	Total Royalties		Operating Costs		Future Development Capital		Abandonment and Reclamation Costs		Future Net Revenue Before Future Taxes	Future Taxes		Future Net Revenue After Future Taxes*
2025-2029 (5 Years)	6,620	(1,297	)	(1,583	)	(1,438	)	(25	)	2,277	(791	)	1,486
Remainder	8,685	(1,529	)	(2,967	)	(371	)	(420	)	3,398	(1,082	)	2,316
Total (Undiscounted)	15,305	(2,826	)	(4,550	)	(1,809	)	(445	)	5,675	(1,873	)	3,802
Total (Discounted @ 10%)										3,242	(1,083	)	2,159

Consolidated Properties at December 31, 2024
Proved Plus Probable Plus Possible (3P) Total Future Net Revenue ($ million)
Forecast Prices and Costs
Years	Sales Revenue	Total Royalties		Operating Costs		Future Development Capital		Abandonment and Reclamation Costs		Future Net Revenue Before Future Taxes	Future Taxes		Future Net Revenue After Future Taxes*
2025-2029 (5 Years)	7,490	(1,467	)	(1,672	)	(1,563	)	(25	)	2,763	(1,015	)	1,748
Remainder	13,422	(2,598	)	(4,106	)	(519	)	(439	)	5,760	(1,907	)	3,853
Total (Undiscounted)	20,912	(4,065	)	(5,778	)	(2,082	)	(464	)	8,523	(2,922	)	5,601
Total (Discounted @ 10%)										4,517	(1,587	)	2,930

Definitions

Proved reserves are those reserves that can be estimated with a high degree of certainty to be recoverable. It is likely that the actual remaining quantities recovered will exceed the estimated proved reserves.

Probable reserves are those additional reserves that are less certain to be recovered than proved reserves. It is equally likely that the actual remaining quantities recovered will be greater or less than the sum of the estimated proved plus probable reserves.

Possible reserves are those additional reserves that are less certain to be recovered than Probable reserves. It is unlikely that the actual remaining quantities recovered will be greater or less than the sum of the estimated proved plus probable plus possible reserves. There is a 10% probability that the quantities actually recovered will equal or exceed the sum of Proved plus Probable plus Possible reserves.

Certain terms used in this press release but not defined are defined in NI 51-101, CSA Staff Notice 51-324 – Revised Glossary to NI 51-101 Standards of Disclosure for Oil and Gas Activities (“CSA Staff Notice 51-324”) and/or the COGEH and, unless the context otherwise requires, shall have the same meanings herein as in NI 51-101, CSA Staff Notice 51-324 and the COGEH, as the case may be.

Oil and Gas Metrics

This press release contains a number of oil and gas metrics, including NAV per share, FD&A costs, operating netback, cash netback, and reserves replacement which do not have standardized meanings or standard methods of calculation and therefore such measures may not be comparable to similar measures used by other companies and should not be used to make comparisons. Such metrics have been included herein to provide readers with additional measures to evaluate the Company’s performance; however, such measures are not reliable indicators of the future performance of the Company and future performance may not compare to the performance in previous periods.

NAV per share is calculated as the applicable NPV10 (before or after-tax, as applicable) of the applicable reserves category minus estimated net debt, divided by the number of shares of Gran Tierra’s common stock issued and outstanding. Management uses NAV per share as a measure of the relative change of Gran Tierra’s net asset value over its outstanding common stock over a period of time.
FD&A costs are calculated as estimated exploration and development capital expenditures, including acquisitions and dispositions, divided by the applicable reserves additions both before and after changes in FDC costs. The calculation of FD&A costs incorporates the change in FDC required to bring proved undeveloped and developed reserves into production. The aggregate of the exploration and development costs incurred in the financial year and the changes during that year in estimated FDC may not reflect the total FD&A costs related to reserves additions for that year. Management uses FD&A costs per boe as a measure of its ability to execute its capital program and of its asset quality
Operating netback and cash netback are calculated as described in this press release. Management believes that operating netback and cash netback are useful supplemental measures for the reasons described in this press release.
Reserves replacement is calculated as reserves in the referenced category divided by estimated referenced production. Management uses this measure to determine the relative change of its reserves base over a period of time.

Disclosure of Reserve Information and Cautionary Note to U.S. Investors

Unless expressly stated otherwise, all estimates of proved developed producing, proved, probable and possible reserves and related future net revenue disclosed in this press release have been prepared in accordance with NI 51-101. Estimates of reserves and future net revenue made in accordance with NI 51-101 will differ from corresponding GAAP standardized measures prepared in accordance with applicable SEC rules and disclosure requirements of the U.S. Financial Accounting Standards Board (“FASB”), and those differences may be material. NI 51-101, for example, requires disclosure of reserves and related future net revenue estimates based on forecast prices and costs, whereas SEC and FASB standards require that reserves and related future net revenue be estimated using average prices for the previous 12 months and that the standardized measure reflect discounted future net income taxes related to the Company’s operations. In addition, NI 51-101 permits the presentation of reserves estimates on a “company gross” basis, representing Gran Tierra’s working interest share before deduction of royalties, whereas SEC and FASB standards require the presentation of net reserve estimates after the deduction of royalties and similar payments. There are also differences in the technical reserves estimation standards applicable under NI 51-101 and, pursuant thereto, the COGEH, and those applicable under SEC and FASB requirements.

In addition to being a reporting issuer in certain Canadian jurisdictions, Gran Tierra is a registrant with the SEC and subject to domestic issuer reporting requirements under U.S. federal securities law, including with respect to the disclosure of reserves and other oil and gas information in accordance with U.S. federal securities law and applicable SEC rules and regulations (collectively, “SEC requirements”). Disclosure of such information in accordance with SEC requirements is included in the Company’s Annual Report on Form 10-K and in other reports and materials filed with or furnished to the SEC and, as applicable, Canadian securities regulatory authorities. The SEC permits oil and gas companies that are subject to domestic issuer reporting requirements under U.S. federal securities law, in their filings with the SEC, to disclose only estimated proved, probable and possible reserves that meet the SEC’s definitions of such terms. Gran Tierra has disclosed estimated proved, probable and possible reserves in its filings with the SEC. In addition, Gran Tierra prepares its financial statements in accordance with United States generally accepted accounting principles, which require that the notes to its annual financial statements include supplementary disclosure in respect of the Company’s oil and gas activities, including estimates of its proved oil and gas reserves and a standardized measure of discounted future net cash flows relating to proved oil and gas reserve quantities. This supplementary financial statement disclosure is presented in accordance with FASB requirements, which align with corresponding SEC requirements concerning reserves estimation and reporting.

The Company believes that the presentation of NPV10 is useful to investors because it presents (i) relative monetary significance of its oil and natural gas properties regardless of tax structure and (ii) relative size and value of its reserves to other companies. The Company also uses this measure when assessing the potential return on investment related to its oil and natural gas properties. NPV10 and the standardized measure of discounted future net cash flows do not purport to present the fair value of the Company’s oil and gas reserves. The Company has not provided a reconciliation of NPV10 to the standardized measure of discounted future net cash flows because it is impracticable to do so.

The MIL Network –

February 25, 2025

MIL-OSI NGOs: ‘My family lived on the second floor – where the missile hit and exploded’

Source: Amnesty International –

This story contains descriptions of attacks during armed conflict, including descriptions of the people who were killed. We published these details to bear witness to this family’s experience.

On 24 February 2022, Russia launched its full-scale invasion of Ukraine. For millions of families across the country, this moment marked the beginning of an ongoing nightmare.

To mark the three-year anniversary, Olga Padey recounts the tragic loss of her niece Anastasia, a passionate gymnast, and nephew Maksym, a young karate champion. They were both killed, along with their mother, when their home was hit by a Russian missile in Kyiv, far from the front lines.

Hundreds of thousands of Ukrainians have been killed or injured since the beginning of the full-scale invasion. Amnesty International has been documenting stories of dozens of families who have lost their loved ones due to Russian aggression.

My brother, Vasya, lost his entire family: his wife and two children, my niece and nephew. On 8 July 2024, a Russian missile struck their residential building near downtown Kyiv. My brother was on a work trip, so he survived. However, my brother’s life ended as well. He visits the cemetery where his children and wife are buried every day – morning and evening. Now, the house where they lived has been rebuilt, but he would never return there. He lives in the countryside.

I asked him – should I talk about what happened? Is it important for people to hear this? We understand it won’t bring our loved ones back. But he said, “Yes.” Let there be a memory. Let it be a drop in the sea. A thread to the shirt. A memory, a memory… A memory of them.

Maksym was just 10 when he was killed Russian missile that destroyed his home. His sister, Anastasia, was eight. This drawing is taken from a memorial calendar produced by Amnesty International Ukraine. The artist is Beata Kurkul.

My nephew Maksym was 10 years old. He was a long-awaited and loved child. My husband was his godfather. Maksym loved karate – he was a champion. He went fishing with his father a lot, he was his father’s son. Our little Anastasia, Nastya, was eight. She was always cuddling up to her mom, loved rhythmic gymnastics and dreamed of becoming a blogger. “I’ll show you all,” she would promise. Zoryana, my brother’s wife, was tranquil and neat. At their home, everything was always cleaned, cooked, done; I was always amazed at how she managed to do it all. There was never a moment when she just sat and did nothing; she always found something to do.

The basement wouldn’t have saved them

I have many photos and videos where they are laughing, talking, running. Those are happy memories of a happy family. But no matter how hard I try to remember only the good, I find myself remembering – every day – the destroyed building. That image. Maybe one day I will forget?

The basement wouldn’t have saved them, because it collapsed. It was completely destroyed

Olga Padey

Zoryana, my brother’s wife, was afraid of rockets. She was scared. I know they usually went down to the basement during air raids. This time, they didn’t. But the basement wouldn’t have saved them, because it collapsed. It was completely destroyed. It would have taken a long time to search for them if they had gone down there. Instead, they hid in the bathroom, following the two walls rule. They lived on the second floor, where the rocket hit and exploded.

It was an ordinary day. I spoke to my brother in the morning; he said he had left home for work. We talked for about 10 minutes. Later that day, the sirens started, there were explosions as Russians struck a children’s hospital. Then my brother phoned me once more. I thought, “Damn, we just talked this morning, and now he’s calling again.”

He said, “Part of the building collapsed, Zoryana and the kids were home, they were at home, probably at home.” I told my husband, we quickly woke up our child, and went there. When we arrived, the State Emergency Service was searching for people in the rubble. Then the sirens went off again, and the work was paused.

The bodies were found the same day

We stayed by the building all the time. No one answered their phone. I tried to find out whether they had been taken to the hospital, if they were already found, I called different hospitals.

What’s left of Anastasia and Maksym’s home, after it was hit by a Russian missile in Kyiv. The two children died, along with their mother.

The bodies were found that same day. The first responders carried out a girl. I thought she was a bit older than my niece, and she had a strand of purple hair. I said, “This is not Nastya.” Nastya is somewhere alive, everything’s fine! But that was Nastya. The day before, they had gone to the hairdresser. Maksym had a haircut, and Nastya made a strand of purple hair. We didn’t know that. When they asked me to identity Maksym, I didn’t recognize him. He had a new haircut, and he had no face.

At that time, my brother was returning to Kyiv from another city. When he arrived, Zoryana had been found. She had no head.

There is no safe place

I found out I was going to have a child during the first year of the full-scale war. I had been waiting to be a mother for so long. I wanted it so much. And it is only thanks to my child that I am holding on. Every day I think about Zoryana, about Maksym and Nastya, about my brother. I think about families, like the family where the father lost his wife and three daughters in Lviv. Or the family in Kharkiv, where the mother and three children were killed.

In Ukraine, there is no safe place right now. So many people are dying. But for me, it’s such a shock every time… I have hope that justice will be served. That there will be responsibility for all those who give the orders. And for those who directly carry those orders out. When will that happen? I hope it’s soon.

MIL OSI NGO –

February 25, 2025
MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi inaugurates the Global Investors Summit 2025 in Bhopal, Madhya Pradesh

Source: Government of India

Prime Minister Shri Narendra Modi inaugurates the Global Investors Summit 2025 in Bhopal, Madhya Pradesh

The Global Investors Summit in Madhya Pradesh is a commendable initiative; it serves as a vital platform to showcase the state’s immense potential in industry, innovation and infrastructure: PM

By attracting global investors, it is paving the way for economic growth and job creation, Happy to see Madhya Pradesh emerge as a key hub for business and entrepreneurship: PM

The future of the world is in India! Come, explore the growth opportunities in our nation: PM

Madhya Pradesh will benefit significantly from the infrastructure efforts of the NDA Government: PM

Our Governments, at the Centre and in MP, are focusing on water security, which is essential for growth: PM

The first 50 days of 2025 have witnessed fast-paced growth: PM

The past decade has been a period of unprecedented growth for India’s energy sector: PM

In this year’s budget, we have energised every catalyst of India’s growth: PM

After national level, reforms are now being encouraged at the state and local levels: PM

Textile, Tourism and Technology will be key drivers of India’s developed future: PM

Posted On: 24 FEB 2025 3:24PM by PIB Delhi

The Prime Minister, Shri Narendra Modi today inaugurated the Global Investors Summit (GIS) 2025 in Bhopal, Madhya Pradesh. Addressing the gathering, he apologised for the delay of his entry to the event as there were board exams for the 10th and 12th standard students and his security measures enroute to the event could have caused inconvenience to the students. Shri Modi said it was his immense pride to welcome the investors and business leaders in the land of Raja Bhoj. He added that today’s event was important as a Viksit MadhyaPradesh or developed Madhya Pradesh is necessary in the journey towards Viksit Bharat. He congratulated the Government of Madhya Pradesh for a wonderful organization of the summit.

“The whole world is optimistic about India”, exclaimed Shri Modi and said that it was for the first time such an opportunity had risen in the history of India. He added that be it common citizens or policy experts or institutions or countries of the world, everyone had a lot of expectations from India. He highlighted that the comments received in the last few weeks about India will raise the enthusiasm of investors. Recalling the recent statement by the World Bank that India will continue to remain the fastest growing economy, the Prime Minister highlighted that a representative from the OECD remarked, “The future of the world is in India.” He added that recently, a UN organization on climate change declared India as a solar power superpower. This organization also mentioned that while many countries only talk, India delivers results. Shri Modi noted that a new report revealed how India is emerging as an excellent supply chain for global aerospace firms. These firms view India as a solution to global supply chain challenges. The Prime Minister quoted various examples showcasing the world’s confidence in India, which is also boosting the confidence of every Indian state. This confidence is evident at the Global Summit in Madhya Pradesh, he said.

Noting that Madhya Pradesh is the fifth largest state in India by population, Shri Modi said, “MP is one of the top states in India for agriculture and minerals”. He emphasized that Madhya Pradesh is blessed with the life-giving Narmada River and stated that MP has the potential to become one of the top five states in India by GDP.

Pointing out the transformative journey of Madhya Pradesh over the past two decades, the Prime Minister remarked that there was a time when the state faced significant challenges with electricity and water, and the law and order situation was even worse. These conditions made industrial development difficult. Shri Modi noted that with the support of the people, their government in Madhya Pradesh has focused on governance over the past two decades. Two decades ago, people were hesitant to invest in MP, while today, MP has become one of the top states in the country for investments, he added. He highlighted that the state, which once struggled with poor roads, is now one of the leading states in India’s EV revolution. He further said that by January 2025, around 2 lakh electric vehicles were registered in MP, reflecting a growth of approximately 90 percent, which demonstrates that MP is becoming an excellent destination for new manufacturing sectors.

“India has witnessed a boom in infrastructure over the past decade”, highlighted the Prime Minister and remarked that Madhya Pradesh has greatly benefited from this development. He emphasized that the Delhi-Mumbai Expressway, which connects two major cities, passes significantly through MP, providing fast connectivity to Mumbai’s ports and North India’s markets. He also highlighted that Madhya Pradesh now has a road network of over five lakh kilometers. He noted that MP’s industrial corridors are connected to modern expressways, ensuring rapid growth in the logistics sector.

Touching upon the air connectivity, Shri Modi highlighted that the terminals at Gwalior and Jabalpur airports have been expanded to improve air connectivity. He remarked that the modernization of Madhya Pradesh’s extensive rail network is also underway. He noted that the rail network in MP has achieved 100 percent electrification. He mentioned that the images of Bhopal’s Rani Kamalapati Railway Station continue to captivate everyone. Following this model, 80 railway stations in MP are being modernized under the Amrit Bharat Station Scheme.

“The past decade has seen unprecedented growth in India’s energy sector”, hailed Shri Modi and remarked that India has achieved remarkable progress in green energy, which was once unimaginable. Over the past 10 years, more than $70 billion (over ₹5 trillion) has been invested in the renewable energy sector, and this investment has created over 10 lakh jobs in the clean energy space last year alone, he added. The Prime Minister noted that Madhya Pradesh has greatly benefited from this boom in the energy sector. He said that today, MP is power surplus with a power generation capacity of around 31,000 MW, of which 30 percent is clean energy. He highlighted that Rewa Solar Park is one of the largest in the country, and recently, a floating solar plant was inaugurated in Omkareshwar. Shri Modi mentioned that the Government has invested around ₹50,000 crore in the Bina Refinery Petrochemical Complex, which will help make Madhya Pradesh a hub for petrochemicals. He emphasized that the MP government supports this infrastructure with modern policies and special industrial infrastructure. Noting that MP has over 300 industrial zones, and investment zones spanning thousands of acres are being developed in Pithampur, Ratlam, and Dewas, he highlighted the immense potential for better returns for investors in Madhya Pradesh.

Emphasising the critical importance of water security for industrial development, the Prime Minister remarked that, on one hand, efforts are being made towards water conservation, and on the other, a mega mission for river interlinking is being advanced. He highlighted that the agriculture and industry sectors in Madhya Pradesh will greatly benefit from these initiatives. Shri Modi mentioned that the ₹45,000 crore Ken-Betwa River Interlinking Project has recently commenced, which will enhance the productivity of approximately 10 lakh hectares of agricultural land and strengthen water management in MP. He stated that these facilities will unlock significant potential in the food processing, agro-industry, and textile sectors.

Remarking that after the formation of their Government in Madhya Pradesh, the pace of development has doubled, Shri Modi highlighted that the Central government was working shoulder to shoulder with the MP government for the development of the state and the country. He recalled his promise during the elections to work three times faster in his third term and said, “this speed is evident in the first 50 days of 2025”. Shri Modi highlighted the recent budget, which has energized every catalyst for India’s growth. He emphasized that the middle class, being the largest taxpayer, creates demand for services and manufacturing. Various steps have been taken to empower the middle class in this budget, including making income up to ₹12 lakh tax-free and restructuring tax slabs. He also mentioned that the RBI has reduced interest rates following the budget.

Pointing out that the budget emphasizes building local supply chains to achieve complete self-reliance in manufacturing, Shri Modi said that there was a time when the potential of MSMEs was limited by previous governments, preventing the development of local supply chains at the desired level. He highlighted that the current priority is to build MSME-led local supply chains. The definition of MSMEs has been improved, and credit-linked incentives are being provided, while access to credit is being made easier, and support for value addition and exports has been increased, he added.

“Over the past decade, significant reforms have been accelerated at the national level, now reforms are being encouraged at the state and local levels as well”, said the Prime Minister discussing the State De-regulation Commission mentioned in the budget. He noted that continuous dialogue is being maintained with the states and over 40,000 compliances have been reduced in recent years in collaboration with the states. Additionally, 1,500 obsolete laws have been eliminated, he added. The Prime Minister emphasized that the objective is to identify regulations that hinder the ease of doing business and the De-regulation Commission will help create an investment-friendly regulatory ecosystem in the states.

Stressing that the budget has simplified the basic customs duty structure and reduced rates on several essential inputs for the industry, Shri Modi said that a time limit is being set for the assessment of customs cases. He highlighted the ongoing efforts to open new sectors for private entrepreneurship and investment. This year, avenues such as nuclear energy, bio-manufacturing, critical minerals processing, and lithium battery manufacturing have been opened for investment, he added and said, “these steps demonstrate the Government’s intent and commitment”.

“Textile, Tourism, and Technology sectors will play a significant role in India’s developed future and create crores of new jobs”, exclaimed the Prime Minister. He highlighted that India is the second-largest producer of cotton, silk, polyester, and viscose. He noted that the textile sector provides employment to crores and that India has a rich tradition, skills, and entrepreneurship in textiles. Madhya Pradesh, being the cotton capital of India, contributes to around 25 percent of the country’s organic cotton supply and is the largest producer of mulberry silk while the state’s Chanderi and Maheshwari sarees are highly appreciated and have received the GI Tag, he added. He emphasized that investments in this sector will significantly help Madhya Pradesh’s textiles make a global impact.

Talking about India exploring new avenues in addition to traditional textiles, the Prime Minister highlighted that technical textiles such as agro textiles, medical textiles, and geotextiles are being promoted, and a national mission has been initiated for this purpose, which has been encouraged in the budget. Shri Modi noted that the Government’s PM MITRA scheme is well-known, and seven large textile parks were being developed across the country, including one in Madhya Pradesh. This initiative will elevate the growth of the textile sector to new heights. The Prime Minister urged investors to take advantage of the PLI scheme announced for the textile sector.

Remarking that just as India is adding new dimensions to its textile sector, it is also enhancing the tourism sector, Shri Modi recalled the MP Tourism campaign, “MP Ajab Hai, Sabse Gajab Hai,” highlighting the significant development of tourism infrastructure around the Narmada River and in tribal areas of Madhya Pradesh. The Prime Minister spoke about the numerous national parks in the state and the immense potential for health and wellness tourism. He mentioned that the “Heal in India” mantra is gaining global popularity, and investment opportunities in the health and wellness sector are continuously increasing. The Government is encouraging public-private partnerships in this area. Shri Modi highlighted that India’s traditional treatments and AYUSH are being promoted on a large scale, and special AYUSH visas are being issued. He emphasized that these initiatives will greatly benefit Madhya Pradesh. He encouraged visitors to see the Mahakal Mahalok in Ujjain, where they will receive blessings from Mahakal and experience how the country is expanding its tourism and hospitality sector.

Reiterating his statement from the Red Fort, the Prime Minister concluded that now is the right time for investment and increasing investment in Madhya Pradesh.

The Governor of Madhya Pradesh, Shri Mangubhai Chhaganbhai Patel, Chief Minister of Madhya Pradesh, Shri Mohan Yadav were present among other dignitaries at the event.

Background

The two-day Global Investors Summit (GIS) 2025 in Bhopal, serves as an important platform to establish Madhya Pradesh as a global investment hub. The GIS includes departmental summits; specialized sessions on Pharma and Medical Devices, Transport and Logistics, Industry, Skill Development, Tourism and MSMEs among others. It also includes international sessions like the Global South countries conference, Latin America and Caribbean session and special sessions for key partner countries.

Three major industrial exhibitions are being held during the Summit. The Auto Show showcases Madhya Pradesh’s automotive capabilities and future mobility solutions. The Textile and Fashion Expo highlights the state’s expertise in both traditional and modern textile manufacturing. The “One District-One Product” (ODOP) Village showcases the state’s unique craftsmanship and cultural heritage.

Representatives from over 60 countries, officials from various international organizations, over 300 prominent Industry leaders from India and policymakers among others are participating in the Summit.

Addressing the Global Investors Summit 2025 in Bhopal. With a strong talent pool and thriving industries, Madhya Pradesh is becoming a preferred business destination. https://t.co/EOUVj9ePW7

— Narendra Modi (@narendramodi) February 24, 2025

Water security is crucial for industrial development.

On one hand, we are emphasising water conservation and on the other, we are advancing with the mega mission of river interlinking. pic.twitter.com/hv2QOzmaLw

— PMO India (@PMOIndia) February 24, 2025

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(Release ID: 2105735) Visitor Counter : 90

MIL OSI Asia Pacific News –

February 24, 2025
MIL-OSI Asia-Pac: SFST’s keynote speech at MPF Symposium (English only)

Source: Hong Kong Government special administrative region

Following is the keynote speech by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, at the MPF Symposium on “Green Finance and Sustainable Investing” today (February 24):

Ayesha (Chairman of the Mandatory Provident Fund Authority (MPFA), Mrs Ayesha Macpherson Lau), YC (Managing Director of the MPFA, Mr Cheng Yan-chee), distinguished guests, ladies and gentlemen,

     Good afternoon. It is both an honour and a privilege to address you today at the MPF Symposium on “Green Finance and Sustainable Investing”. I extend my gratitude to the Mandatory Provident Fund Authority for convening this important gathering, bringing together industry leaders, esteemed professionals, and dedicated stakeholders. We stand at a pivotal moment, united by a shared purpose: to explore how finance can serve not only as a cornerstone for retirement protection, but also as a transformative force for the future of our planet.

     In recent years, the global community has awakened to the profound urgency of climate change – a challenge that transcends borders and generations. The rising tide of extreme weather events and their far-reaching socio-economic consequences compel us to act with resolve and foresight. As an international financial centre of dynamism, Hong Kong is poised to lead this charge, harnessing the power of capital to propel the world towards a low-carbon future.

     The Government has made an unwavering commitment to achieve carbon neutrality before 2050 and to halve Hong Kong’s carbon emissions by 2035. These are not mere aspirations but a call to action. Through a sustained series of initiatives, we have fortified our resolve to advance green and sustainable finance – efforts that have not only accelerated Hong Kong’s emergence as a preeminent hub for sustainable investment, but also underscored our pivotal role in the global transition to a greener economy.

Hong Kong: Asia’s vanguard in green finance

     The financial sector has emerged as a formidable conduit to direct global capital toward sustainable ends. Hong Kong, with its stature as Asia’s premier international financial centre and a beacon of sustainable finance, stands uniquely equipped to spearhead this transformation. Our capital markets have set a gold standard in green and sustainable finance, offering a rich tapestry of investment opportunities that resonate with two “Ps”, both “purpose” and “profit”.

     As of December last year, the Securities and Futures Commission has authorised over 220 ESG (environmental, social, and governance) funds, managing assets valued at approximately HK$1.2 trillion – a testament to the vibrancy of our market. Between 2021 and 2023, Hong Kong consistently led the region in arranging green and sustainable bonds. In 2023 alone, the total issuance of green and sustainable debt surpassed US$50 billion, with green and sustainable bonds accounting for US$30 billion, or 37 per cent of the regional total. These figures are not just statistics; they reflect the magnetic appeal and robust capacity of our markets to finance projects that safeguard our planet.

     The Government has been a steadfast champion of this cause. Since launching the Government Green Bond Programme in 2019, we have issued green bonds equivalent to HK$220 billion, channeling vital resources into sustainable infrastructure and innovation.

Pioneering progress through innovation and partnership

     Our commitment to green and sustainable finance is not static; it is a dynamic pursuit propelled by innovation and collaboration. In 2021, we introduced the Green and Sustainable Finance Grant Scheme, a forward-thinking initiative that subsidises bond issuers and loan borrowers for expenses related to issuance and external reviews. By lowering financial barriers, this scheme empowers businesses to embrace sustainable financing, amplifying their contributions to a greener tomorrow.

     With sustainable development gaining heightened worldwide awareness, it has become vital to ensure that investors and other market participants have accurate, consistent and relevant information about sustainability-related matters for managing risks and supporting investments. We therefore published in March last year a vision statement to set out the vision and approach of the Government and financial regulators in developing a comprehensive ecosystem for sustainability disclosure in Hong Kong. We then launched in December last year a roadmap on sustainability disclosure in Hong Kong, setting out Hong Kong’s approach to require publicly accountable entities (PAEs) to adopt the ISSB Standards (International Financial Reporting Standards–Sustainability Disclosure Standards). It provides a well-defined pathway for large PAEs to fully adopt the ISSB Standards no later than 2028.

     Also, we are cultivating a thriving green fintech ecosystem to position Hong Kong as a global leader in this frontier. To better integrate fintech with green finance, and accelerate the green transformation of the economy, we will actively expand the green fintech ecosystem and develop Hong Kong as a green fintech hub. We launched in March last year the Prototype Hong Kong Green Fintech Map, which is developed together with relevant stakeholders, to provide one-stop information on the current status of green fintech companies operating in Hong Kong and related services, with a view to raising the companies’ profile. We are now developing the official Hong Kong Green Fintech Map with the industry, which will be published in the first half of this year.

The resilience of the MPF System

     Now let’s turn our attention to reflect on the performance of our MPF System. Under the leadership of Ayesha, the system delivered last year an average annual net return of 8.6 per cent, culminating in a total net asset value approaching HK$1.3 trillion at the year end. This achievement underscores the resilience and adaptability of our system – qualities that have defined the MPF System over its two-decade legacy.

     Since its inception in 2000, the Equity Fund and Mixed Assets Fund, comprising nearly 80 per cent of total MPF assets, have posted average annualised net returns of 4.3 per cent and 4.0 per cent respectively, outpacing inflation over the same period. These results affirm the system’s capacity to weather economic cycles and also deliver enduring value to scheme members. Looking ahead, the MPF System remains a bedrock of retirement security, empowering members of the public to pursue their financial aspirations with more confidence and stability post-retirement.

MPF’s leadership in sustainable investing

     Climate change and socio-economic shifts present unprecedented challenges – and opportunities – that demand we wield finance as a force for good. This convergence of prosperity and purpose is not optional; it is imperative.

     The MPFA has been a champion in this domain, embedding sustainable investing in its mission and guidance for the industry. While we celebrate last year’s strong performance, we recognise that the work of enhancing the MPF System is perpetual. A critical focus has been mitigating environmental, social, and governance risks – risks to which pension funds, with their decades-long horizons, are acutely exposed.

     In 2021, the MPFA issued the Principles for Adopting Sustainable Investing in the Investment and Risk Management Processes of MPF Funds. This framework has guided trustees in integrating ESG considerations into their investment and risk management strategies and disclosing these efforts to scheme members. Trustees now report their sustainable investing progress in annual governance reports, fostering transparency that empowers members to align their investments with their values.

     Beyond disclosure, we are diversifying MPF portfolios by integrating sustainable instruments – vehicles that not only finance ESG initiatives but also enhance risk-adjusted returns. We have established a pioneering mechanism to prioritise the allocation of institutional green bonds to Mandatory Provident Fund schemes. As of September last year, MPF funds invested HK$600 million in Government green bonds, representing a 50 per cent increase before the arrangement was put in place. This dual-purpose initiative advances our environmental agenda while bolstering the long-term sustainability of our pension system, a synergy of social responsibility and ecological stewardship.

A call to collective action

     Our dialogue today must transcend this symposium, igniting enduring change in our communities and the MPF ecosystem. Hong Kong will continue to innovate, expand, and diversify, forging a vibrant ecosystem that serves both local, regional and global investors. Your wisdom and contributions are indispensable as we elevate this market and cement Hong Kong’s legacy as a global leader in green finance and retirement protection.

     Thank you.

MIL OSI Asia Pacific News –

February 24, 2025
MIL-OSI Asia-Pac: Special traffic arrangements for 15th National Games triathlon test event

Source: Hong Kong Government special administrative region

    Police will implement special traffic arrangements in Central and Wan Chai from February 26 (Wednesday) to March 2 (Sunday) to facilitate the 15th National Games triathlon test event.

A. Road closure

    The following roads will be intermittently closed from 5am to 8am on February 28:

– Yiu Sing Street;
– Eastbound Lung Wo Road between southbound Man Yiu Street and northbound Fleming Road;
– Westbound Lung Wo Road between southbound Lung Tat Path and southbound Tim Wa Avenue;
– Eastbound Lung Tat Path;
– Lung Hop Street;
– Legislative Council Road between Legislative Council Complex Car Park exit and westbound Lung Wo Road;
– The slip road of eastbound Central – Wan Chai Bypass Tunnel heading to its Expo Drive exit;
– The slip road of eastbound Man Kat Street heading to Central – Wan Chai Bypass Tunnel portal;
– Expo Drive;
– Expo Drive Central; and
– Expo Drive East.

    The following roads will be closed, except for vehicles with permit:

(1) From 10am on February 26 to 6pm on March 2:

    Expo Drive between Legislative Council Road and Expo Drive Central.

(2) From 2am to 2pm on March 1 and from 8am to 6pm on March 2:

– Yiu Sing Street;
– Eastbound Lung Wo Road between southbound Man Yiu Street and northbound Fleming Road;
– Westbound Lung Wo Road between southbound Lung Tat Path and southbound Man Yiu Street;
– Eastbound Lung Tat Path;
– Lung Hop Street;
– Legislative Council Road between Legislative Council Complex Car Park exit and westbound Lung Wo Road;
– Part of the traffic lanes of the slip road of westbound Central – Wan Chai Bypass Tunnel heading to Central District;
– Part of the traffic lanes of eastbound Man Po Street near Finance Street;
– Part of the traffic lanes of southbound Man Yiu Street between westbound Man Kwong Street and westbound Yiu Sing Street;
– Part of the traffic lanes of southbound Man Yiu Street near westbound Lung Wo Road;
– Part of the traffic lanes of westbound Convention Avenue near northbound Fleming Road;
– The slip road of eastbound Central – Wan Chai Bypass Tunnel heading to its Expo Drive exit;
– The slip road of eastbound Man Kat Street heading to Central – Wan Chai Bypass Tunnel portal;
– Expo Drive;
– Expo Drive Central;
– Expo Drive East; and
– Part of the traffic lanes of northbound Fleming Road between eastbound Harbour Road and westbound Lung Wo Road.

B. Traffic diversions

    In connection with the road closure as mentioned above, the following traffic diversions will be implemented:

(1) From 10am on February 26 to 6pm on March 2:

– Traffic along eastbound Expo Drive heading to Hong Kong Convention and Exhibition Centre will be diverted via eastbound Lung Wo Road and northbound Expo Drive East; and
– Traffic along eastbound Expo Drive heading to Central – Wan Chai Bypass Tunnel will be diverted via eastbound Lung Wo Road.

(2) From 2am to 2pm on March 1 and from 8am to 6pm on March 2:

– Traffic along westbound Hung Hing Road via northbound Expo Drive East heading to Hong Kong Convention and Exhibition Centre will be diverted via southbound Fleming Road and make a u-turn to northbound Fleming Road and westbound Harbour Road;
– Traffic along eastbound Connaught Road Central Flyover heading to Hung Hing Road via Central – Wan Chai Bypass Tunnel will be diverted via eastbound Man Po Street, southbound Man Yiu Street, eastbound Connaught Place, southbound Connaught Place, eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along eastbound Man Kat Street heading to Hung Hing Road via Central – Wan Chai Bypass Tunnel will be diverted via eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along westbound Man Kwong Street heading to eastbound Lung Wo Road via southbound Man Yiu Street will be diverted via southbound Man Yiu Street, eastbound Connaught Place, southbound Connaught Place, eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along eastbound Man Po Street heading to eastbound Lung Wo Road via eastbound Yiu Sing Street will be diverted via southbound Man Yiu Street, eastbound Connaught Place, southbound Connaught Place, eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along eastbound Man Po Street heading to Admiralty or Mid-levels via eastbound Lung Wo Road will be diverted via the slip road of eastbound Man Po Street heading to westbound Finance Street, westbound Finance Street, temporary exit connecting Finance Street and Central – Wan Chai Bypass Tunnel, the slip road of westbound Central – Wan Chai Bypass Tunnel heading to eastbound Man Kat Street, eastbound Man Kat Street, eastbound Connaught Road Central and eastbound Harcourt Road;
– Traffic along southbound Man Yiu Street cannot turn left to eastbound Lung Wo Road and eastbound Yiu Sing Street, vehicles will be diverted via southbound Man Yiu Street, eastbound Connaught Place, southbound Connaught Place, eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along eastbound Man Cheung Street heading to eastbound Lung Wo Road will be diverted via southbound Man Yiu Street, eastbound Connaught Place, southbound Connaught Place, eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along eastbound Yiu Sing Street and southbound Yiu Sing Street heading to eastbound Lung Wo Road will be diverted via southbound Man Yiu Street, eastbound Connaught Place, southbound Connaught Place, eastbound Connaught Road Central, eastbound Harcourt Road, eastbound Gloucester Road and northbound Fleming Road;
– Traffic along northbound Legislative Council Road cannot turn left to westbound Lung Wo Road. Vehicles will be diverted via southbound Legislative Council Road, eastbound Lung Wui Road, eastbound Fenwick Pier Street, Fenwick Pier Street roundabout, westbound Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and northbound Connaught Place;
– Traffic along northbound Tim Wa Avenue cannot turn left to westbound Lung Wo Road. Vehicles will be diverted via southbound Tim Wa Avenue, northbound Tim Mei Avenue, eastbound Lung Wui Road, eastbound Fenwick Pier Street, Fenwick Pier Street roundabout, westbound Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and northbound Connaught Place;
– Traffic along westbound Lung Wo Road heading to the Chief Executive’s Office via southbound Tim Wa Avenue will be diverted via southbound Lung Tat Path, Convention Avenue, westbound Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and make a u-turn to eastbound Connaught Road Central and northbound Tim Wa Avenue;
– Traffic along eastbound Lung Wui Road cannot turn left to northbound Lung Hop Street;
– Traffic along westbound Fenwick Pier Street cannot turn right to northbound Lung Hop Street. Vehicles will be diverted via Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and northbound Connaught Place;
– Traffic along westbound Convention Avenue heading to westbound Lung Wo Road via northbound Lung Tat Path will be diverted via Convention Avenue, Fenwick Pier Street roundabout, westbound Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and northbound Connaught Place;
– Traffic along westbound Hung Hing Road heading to westbound Lung Wo Road will be diverted to southbound Lung Tat Path, Convention Avenue, Fenwick Pier Street roundabout, westbound Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and northbound Connaught Place; and
– Traffic along southbound Expo Drive East heading to westbound Lung Wo Road will be diverted via southbound Lung Tat Path, Convention Avenue, Fenwick Pier Street roundabout, westbound Fenwick Pier Street, Flyover, westbound Harcourt Road, westbound Connaught Road Central and northbound Connaught Place.

C. Suspension of parking spaces and pick-up/drop-off areas

    All parking spaces and pick-up/drop-off areas on the following roads will be suspended:

(1) From 10am on February 26 to 6pm on March 2:

    All metered parking spaces and pick-up/drop-off areas on Expo Drive.

(2) From 10pm on February 28 to 6pm on March 2:

– All metered parking spaces on Yiu Sing Street and Lung Hop Street;
– All metered parking spaces on the unnamed road near General Post Office;
– Pick-up/drop-off areas on westbound Lung Wo Road near City Hall and near Edinburgh Place; and
– All metered parking spaces and pick-up/drop-off areas on Expo Drive East.

     All vehicles parked illegally during the implementation of the above special traffic arrangements will be towed away without prior warning, and may be subject to multiple ticketing.

     The Police will make special arrangements depending on the traffic and crowd conditions. Members of the public are advised to use public transport to access the above areas as far as possible. Motorists are advised to exercise patience, and to take heed of instructions of the Police on site.

MIL OSI Asia Pacific News –

February 24, 2025
MIL-OSI Asia-Pac: Mandatory use of Child Restraining Device in private cars to come into effect on November 1

Source: Hong Kong Government special administrative region

The Transport Department (TD) today (February 24) reminded private car drivers that, starting from November 1, 2025, child passengers travelling in private cars must use a Child Restraining Device (CRD), such as a child safety seat.

Following the passage of the Road Traffic (Safety Equipment) (Amendment) Regulation 2024 by the Legislative Council, starting from November 1, 2025, unless child passengers aged below 8 reach a body height of 1.35 metres, they must use CRDs in private cars irrespective of sitting in the front or rear seats. Passengers aged 8 or above, or with a body height of at least 1.35m must either use a CRD or wear an adult seat belt. Otherwise, the driver must not drive the car on any road. Apart from conventional types of child safety seats, there are various types of portable CRDs, such as a seat belt adjuster, a wearable safety restraint vest or a foldable booster, available in the market for selection.

The Police may issue a Fixed Penalty Notice of $230 to drivers breaching the requirement. Serious cases may be referred to the court, which can impose a maximum fine of $2,000. To cater for individual exceptional circumstances, two statutory defences have been provided under the Amendment Regulation: (1) a private car driver having a reasonable ground to believe that the passenger has attained 8 years of age or has reached a body height of 1.35m; or (2) the child passenger is being transported in a case of emergency (such as emergency treatment) where the driver may not have time to arrange and use a CRD.

A spokesman for the TD said, “The new requirement aims to enhance protection for children and passenger safety. CRDs provide effective protection for child passengers in traffic accidents and they can substantially reduce the risks of being killed or seriously injured.”

The spokesman urged parents, guardians or private car drivers carrying a child passenger to select and purchase appropriate devices fit for their children’s age and body. They should take a close look at the packaging description and follow the installation guidelines. If an International Standards Organization FIX (ISOFIX) safety seat is preferred, pay special attention to its applicable vehicle models. For enquiries, they should consult the manufacturer or retailer on the product standards to meet the legal requirements.

The TD will work with the Police and the Road Safety Council to step up publicity and public education on road safety for private car drivers, covering the legal requirements as well as points to note during selection and use of CRDs (including national and international standards recognised). The TD will also maintain close liaison with the Consumer Council to enhance information dissemination for the public to make an informed choice.

Members of the public may refer to the TD’s Agent T Facebook page (www.facebook.com/AgentT.hk), or call the hotline 2804 2600 for details.

MIL OSI Asia Pacific News –

February 24, 2025
MIL-OSI China: China mulls law revision to promote development of civil aviation

Source: China State Council Information Office

Chinese lawmakers on Monday started deliberating a draft revision to the civil aviation law, amid efforts to safeguard territorial airspace sovereignty and civil aviation rights, and promote the sector’s high-quality development.

The draft was submitted to an ongoing session of the National People’s Congress Standing Committee for the first reading.

Consisting of 15 chapters and 255 articles, the draft makes comprehensive amendments to the existing civil aviation law. Key revisions include enhancing the safety of civil aviation, requiring civil airports to have the capability to prevent and address threats from unmanned aerial vehicles, and fine-tuning the entry criteria for public air transport enterprises and commercial general aviation companies.

One highlight is the development of general aviation and the low-altitude economy. China will accelerate the building of infrastructure for general aviation, enrich its services and develop civil airports, while also ensuring that the reasonable demand for airspace of the low-altitude economy are met, the draft says.

The revised draft also contains provisions regarding the protection of passenger rights, the alignment with relevant international regulations, and supervision and regulation of activities related to civil aviation.

The current civil aviation law came into force on March 1, 1996, and has undergone six amendments since then.

MIL OSI China News –

February 24, 2025
MIL-OSI United Kingdom: Vehicle theft equipment to be banned under new government law
Source: United Kingdom – Executive Government & Departments

News story

Vehicle theft equipment to be banned under new government law

Possession or distribution of electronic devices used to commit vehicle theft will be banned, carrying a maximum sentence of 5 years.
Sophisticated electronic devices used by criminals in 40% of vehicle thefts in England and Wales will be banned under new laws, as part of the government’s mission to make the nation’s streets safer.

Having your vehicle stolen is a costly and distressing experience for victims. It disrupts livelihoods, stopping people from working and from seeing their families.

As the government works to prevent crimes from impacting working people’s lives, police officers and the courts will be given new powers to target criminals who steal vehicles using electronic devices, including ‘signal jammers’, along with the organised groups who manufacture and supply these devices.

Previously, prosecution for handling these devices was only possible if it could be proved by police that they had been used to commit a specific crime.

Under these new laws, anyone who is found in possession of one, or to have imported, made, adapted or distributed them, could receive a maximum penalty of 5 years’ imprisonment and an unlimited fine. The burden of proof will instead fall on the owner to prove they were using the device for a legitimate purpose, to avoid being prosecuted.

This new measure acts on a key milestone in our Plan for Change to protect our neighbourhoods and is part of the government’s flagship Crime and Policing Bill, which will be introduced to Parliament on Tuesday.

Minister for Policing, Crime and Fire Prevention, Dame Diana Johnson, said:

These thefts have a devastating effect on victims, who need their vehicles to go about their everyday lives. We are aware of the real concerns people feel with the use of these electronic devices being so prolific.

This is why we are introducing new laws focused on tackling this issue at source, which is what our Safer Streets mission and Plan for Change are all about. These new laws will prevent these devices from getting into the hands of thieves and organised crime groups.

We will also continue to work closely with the National Police Chiefs’ Council, which includes supporting their National Vehicle Crime Reduction Partnership, which brings together the police and manufacturers to clamp down on vehicle crime.

The most common way theft from a vehicle – or the theft of the vehicle itself – occurs is with the use of these electronic devices, with keyless repeaters and signal amplifiers being used to scramble the signal from remote locking devices.

According to the 2022 to 2023 Crime Survey for England and Wales, an offender manipulated a signal from a remote locking device in 40% of thefts of vehicles. There were also 732,000 incidents of vehicle-related theft in the year ending September 2024.

The Metropolitan Police Service estimates that, in London, signal jammers are used in approximately 60% of vehicle theft.

A significant proportion of vehicle theft is driven by organised crime groups, as there is a demand for stolen vehicles, which means this is a highly attractive and lucrative area for criminals to gain profit. Organised criminals are constantly trying to find ways to overcome security measures on vehicles, even in the latest models, by exploiting vulnerabilities in vehicles and new technologies.

In support of the new measures, RAC head of policy Simon Williams said:

With government statistics showing an average of 370 vehicles being stolen every day, outlawing the possession and distribution of signal jammers cannot come soon enough and we welcome the government’s action on this.

Having your car stolen is not only a violation, it causes massive amounts of stress and inconvenience as well as higher insurance costs for the individual concerned and drivers generally.

AA president, Edmund King, said:

This is a positive step, and these tougher sentences should make would-be thieves think again before stealing cars. As fast as vehicle technology has evolved, thieves have always tried to keep pace and beat the security systems.

Relay theft and signal jamming is all too frequent and these measures will give police forces more opportunities to tackle car crime.

ACC Jenny Sims, National Police Chiefs’ Council lead for vehicle crime said:

We welcome the announcement of new offences to criminalise the possession, manufacture, sale and supply of signal jammers which have provided an easily accessible tool for criminals to use in the theft of vehicles for far too long.

These devices have no legitimate purpose, apart from assisting in criminal activity, and reducing their availability will support policing and industry in preventing vehicle theft which is damaging to both individuals and businesses.

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Published 24 February 2025
MIL OSI United Kingdom –
February 24, 2025
MIL-OSI Russia: Driving school of the State University of Management announces spring recruitment

Translartion. Region: Russians Fedetion –

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

The GUU-Auto training center announces recruitment for groups under the program “Professional training of drivers of category “B” vehicles”.

The GUU-Auto training center is a structural division of the State University of Management, providing paid educational services in professional training programs for drivers of vehicles.

Start of group training: – 10.03.2025 (classes on Mondays and Wednesdays from 18:30); – 25.03.2025 (classes on Tuesdays and Thursdays from 18:30).

Hurry, there are still places left!

For more information, call: 7 (495) 377 6446; 7 (916) 760 1014 (WhatsApp, Telegram).

And also in the educational department of the UC GUU Auto, (room A-230) and on the page of the UC GUU-Auto.

Subscribe to the tg channel “Our State University” Announcement date: 02.24.2025

Учебный центр ГУУ-Авто – структурное подразделение Государственного университета управления,…” data-yashareImage=”https://guu.ru/wp-content/uploads/Автопробег-3.jpg” data-yashareLink=”https://guu.ru/%d0%b0%d0%b2%d1%82%d0%be%d1%88%d0%ba%d0%be%d0%bb%d0%b0-%d0%b3%d1%83%d1%83-%d0%be%d0%b1%d1%8a%d1%8f%d0%b2%d0%bb%d1%8f%d0%b5%d1%82-%d0%b2%d0%b5%d1%81%d0%b5%d0%bd%d0%bd%d0%b8%d0%b9-%d0%bd%d0%b0%d0%b1/”>

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

MIL OSI Russia News –

February 24, 2025
MIL-OSI Europe: VATICAN/ANGELUS – The Pope hospitalized at the Gemelli Hospital asks for prayers and carries the pain of the world in his heart

Source: Agenzia Fides – MIL OSI

Sunday, 23 February 2025

Vatican City (Agenzia Fides) – Pope Francis is hospitalized at the Gemelli hospital in Rome with the diagnosis of bilateral pneumonia. The medical bulletin released yesterday evening, Saturday 22 February, spoke of a “reserved prognosis” and reported the respiratory crisis the Pontiff had experienced early in the morning. Prayers have been raised to heaven from all over the world for the health of the Successor of Peter. And he, in the words of his ordinary magisterium that he continues to spread from his hospital bed, invites us to pray and implore divine mercy for all the multitudes tormented by wars and violence in all parts of the world.In the text prepared for the Angelus and released at midday by the Holy See Press Office at the request of the Pontiff himself, the Bishop of Rome, referring to the conflict in Ukraine, defines tomorrow’s date – which marks exactly three years since the beginning of that war – as “a painful and shameful occasion for the whole of humanity!”. And while he renews his “closeness to the martyred Ukrainian people”, the Pope invites us to “pray and remember the victims of all armed conflicts, and to pray for the gift of peace in Palestine, Israel and throughout the Middle East, Myanmar, Kivu and Sudan”.The Pontiff, in the released text, also refers to his health conditions: “I am confidently continuing my hospitalization at the Gemelli Hospital, carrying on with the necessary treatment; and rest is also part of the therapy! I sincerely thank the doctors and health workers of this hospital for the attention they are showing me and the dedication with which they carry out their service among the sick”. Pope Francis also thanks those who have written to him in recent days: “I I have been particularly struck by the letters and drawings from children. Thank you for this closeness, and for the prayers of comfort I have received from all over the world! I entrust you all to the intercession of Mary, and I ask you to pray for me”.In the text of the Angelus, Pope Francis also addressed the permanent deacons who have gathered in Rome in recent days to celebrate the Jubilee together, by crossing the Holy Door of the Vatican Basilica. “You,” wrote Pope Francis in the text prepared for the Angelus, “dedicate yourselves to the Word and to the service of charity; you carry out your ministry in the Church with words and deeds, bringing God’s love and mercy to everyone. I urge you to continue your apostolate with joy and – as today’s Gospel suggests – to be a sign of a love that embraces everyone, that transforms evil into goodness and engenders a fraternal world. Do not be afraid to risk love!”.This morning, the deacons who had come to Rome from all over the world for their Jubilee pilgrimage took part in the Holy Mass in St. Peter’s Basilica, presided over by Archbishop Rino Fisichella, Pro-Prefect of the Dicastery for Evangelization (Section for Fundamental Questions of Evangelization in the World). During the liturgical celebration, 23 new permanent deacons from different countries were ordained, and Archbishop Fisichella also read the text of the homily prepared for the occasion by Pope Francis. A homily in which the Bishop of Rome, inspired by the readings of the liturgy of the day, wove his reflections starting from the experience of “gratuity”, “a term certainly appreciated by you deacons, gathered here for the celebration of the Jubilee” according to the words of the Pontiff. The Bishop of Rome invited the deacons to pause “on this fundamental dimension of Christian life and of your ministry”, showing how only gratuity represents the source of forgiveness, selfless service and communion that characterize every authentic diaconal vocation. (F.B.) (Agenzia Fides, 23/2/2025)
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MIL OSI Europe News –

February 24, 2025
MIL-OSI New Zealand: Serious crash, Courtenay Place, Wellington

Source: New Zealand Police (District News)

Police are at the scene of a crash on Courtenay Place, near Cambridge Terrace, in Wellington.

Emergency services were notified of the collision, involving a vehicle and pedestrian, about 8.25pm.

The victim is being transported to hospital in a critical condition and the Serious Crash Unit is attending.

Both sides of Courtenay Place are being closed to traffic, between Tory Street and Cambridge Terrace.

Motorists are advised to avoid the area.

ENDS

Issued by the Police Media Centre

MIL OSI New Zealand News –

February 24, 2025
MIL-OSI Asia-Pac: Private cars to have child restraints

Source: Hong Kong Information Services

Children travelling in private cars will be required to use a Child Restraining Device (CRD), such as a child safety seat, from November 1. Drivers breaching the requirement may be issued with a $230 fixed penalty.

Under the new rule, children under 8 must use CRDs while travelling in private cars irrespective of whether they are sitting in the front or rear seats, unless they are 1.35 metres or taller.

Passengers aged 8 or above, or who are at least 1.35m in height, must either use a CRD or wear an adult seat belt.

The Transport Department said the new requirement is intended to enhance the protection of children and passenger safety. It outlined that CRDs provide effective protection for children in traffic accidents, substantially reducing the likelihood of death or serious injury.

In addition to conventional types of child safety seats, the department highlighted that other types of portable CRDs – such as seat belt adjusters, wearable safety restraint vests, and foldable boosters – are available on the market.

In addition to the fixed penalty notices, Police may refer serious cases to court, and a maximum fine of $2,000 may be imposed.

To allow for exceptional circumstances, two statutory defences have been outlined under the amended regulations. Firstly, a private car driver may have reasonable grounds to believe that a passenger has reached 8 years of age or a body height of 1.35m; and secondly, a driver transporting a child in an emergency may not have had time to arrange for the use of a CRD.

Call 2804 2600 for details.

MIL OSI Asia Pacific News –

February 24, 2025
MIL-OSI Australia: Charges – Drug and firearm offences – Berrimah

Source: Northern Territory Police and Fire Services

The Northern Territory Police Force has charged a 33-year-old male for drug and firearm offences in Darwin last Thursday.

About 3:35pm, Gangs Task Force members executed a targeted traffic apprehension at a business on Stuart Highway in Berrimah after receiving intelligence of offending. The male is believed to be a prospect for the Mongols Outlaw Motor Cycle Gang located in Darwin.

The man attempted to flee from police before colliding with a police vehicle and another vehicle belonging to a member of the public. He then continued to evade police apprehension resulting in a short pursuit in North Crest. The vehicle stopped due to damage and the man was arrested without further incident.

Police conducted a lawful search of the vehicle and located 116 grams of methamphetamine, 1.5 grams of cocaine and 20 tablets of unauthorised prescription medication. Along with that, the man was in possession of a firearm, ammunition, cash and drug paraphernalia.

He has since been charged with:

• Supply schedule 1 dangerous drug – commercial quantity
• Possess schedule 1 dangerous drug – commercial quantity
• Possess schedule 1 dangerous drug – less than traffickable quantity
• Possess schedule 8 substance
• Possess tainted property
• Possess firearm whilst unlicensed
• Possess prohibited firearm
• Unlawfully modify firearm
• Possess ammunition without permit/license
• Fail to obey direction of Police Officer
• Not stop/assist after crash
• Drive a motor vehicle while disqualified
• Drive with prohibited drug in body
• Dangerous driving during pursuit
• Enter roundabout incorrect lane

He was remanded to appear in Darwin Local Court today.

MIL OSI News –

February 24, 2025
MIL-OSI China: Domestic marques snatching up market share

Source: China State Council Information Office

Chinese carmakers have continued their strong performance, capturing a larger share of the world’s largest automotive market.

According to figures from the China Association of Automobile Manufacturers, sales of Chinese-branded cars in January surged to 1.45 million units, accounting for a remarkable 68 percent of the total passenger vehicle market.

This represents an 8 percentage point increase from the same period of 2024, highlighting the growing dominance of Chinese manufacturers amid intensifying competition.

The strong growth of Chinese brands comes at a time when the domestic automotive sector is undergoing a transformation, driven largely by the popularity of new energy vehicles.

Chen Shihua, deputy secretary-general of the CAAM, said that the performance of Chinese brands had far outpaced the broader market, which saw an increase of 0.8 percent in January year-on-year.

The modest growth was primarily the result of a smaller number of working days in the month because of the Spring Festival holiday and a shopping spree in December when carmakers lavished buyers with discounts and other benefits to push their whole-year sales.

In January, seven out of the 10 bestselling carmakers in the country were Chinese; Geely topped the chart, followed by BYD and Changan.

BYD, China’s largest NEV manufacturer, led the charge in the domestic market, reporting more than 296,000 vehicle deliveries in January alone, a 47.5 percent year-on-year increase.

The carmaker’s focus on both EVs and hybrid vehicles has made it a formidable competitor in the global car market, where it is increasingly seen as a leader in electric mobility.

Startup Xpeng delivered 30,350 vehicles in January, up 267.9 percent year-on-year.

The figures are in stark contrast with the performance of international carmakers, who have faced more challenges in capturing market share.

GAC Toyota, a Chinese joint venture of Toyota, delivered 15,123 vehicles in January, down 57.14 percent year-on-year.

SAIC Volkswagen, China’s first extant automotive joint venture, saw its sales slide to 75,150 units in January, a 20.94 percent fall from the same month of 2024. Dongfeng Peugeot Citroen sold a mere 3,888 units, a 39.4 percent fall.

The rise of Chinese brands is being observed in the premium vehicle sector as well. The M9 SUV from Aito, an NEV brand codeveloped by Huawei and Seres, has been the best-selling model priced above 500,000 yuan ($68,833) in China for 10 months in a row.

Some new outlets of its growing dealership network used to sell premium vehicles from such brands as Audi.

Analysts say the wide variety and cutting-edge features of such vehicles have convinced car buyers that Chinese brands outshine global rivals when it comes to NEVs.

Also, China’s push for technological innovation in areas like autonomous driving and battery development has allowed homegrown manufacturers to leapfrog traditional carmakers in key segments.

As foreign brands face pressure to keep pace with China’s technological advancements, the dominance of domestic carmakers is likely to grow.

The elimination phase has begun and many car manufacturers are struggling to “beat the count”, said analysts from consulting firm McKinsey.

“Those which cannot come up with decent electric vehicles in one or two years, and those which are deep in the red but cannot offer a convincing strategy to go green, will be forced to leave the race,” they said.

MIL OSI China News –

February 24, 2025
MIL-OSI China: Israel launches new airstrike in Lebanon

Source: China State Council Information Office

Israel’s military said on Sunday evening it launched a new wave of airstrikes in southern Lebanon, targeting Hezbollah sites despite a ceasefire agreement.

In a statement, the military said it struck infrastructure containing weapons, where “Hezbollah activity was identified.”

It accused Hezbollah of conducting military operations in southern Lebanon in violation of agreements between Israel and Lebanon.

Lebanon’s state-run National News Agency (NNA) reported that “the Israeli enemy launched two drone strikes on Wadi Zibqin in the western sector of southern Lebanon.”

The agency added that the Israeli forces also dropped flares over the Al-Dar area, located in the central sector of the southern border region.

Earlier in the day, according to the NNA, Israeli warplanes carried out several airstrikes in eastern and southern Lebanon.

A Syrian girl was injured in the strikes and has been sent to the Lebanese-Italian Hospital for treatment, according to the NNA.

Also on Sunday, Israel released photos and videos of the assassination of Hezbollah’s former leader, Hassan Nasrallah, on Sept. 27, 2024. Aerial strike footage showed multiple bombs hitting an underground bunker in Beirut’s southern suburbs where Nasrallah was staying.

The videos were released as thousands in Beirut attended Nasrallah’s funeral the same day.

During the ceremony, Israeli warplanes patrolled the skies over Beirut, Israeli Defense Minister Israel Katz said.

“The Israeli Air Force jets currently flying over Beirut during Hassan Nasrallah’s funeral are sending a clear message: Whoever threatens to destroy Israel and attacks Israel — this will be their fate,” Katz said.

MIL OSI China News –

February 24, 2025
MIL-OSI China: Big test as SAIC seeks to regain its crown

Source: China State Council Information Office

SAIC Motor is undergoing a profound transformation, as the once-unchallenged giant in China’s auto industry struggles to explore a future in the vehicle market.

It has embraced Huawei in a partnership and is set to launch a new EV brand called Shangjie, with the first model expected to hit the market in late 2025, reported Yicai, a Shanghai-based business news outlet.

This brand, with the first model priced between 150,000-250,000 yuan ($20,600-34,400), will focus on affordability while integrating Huawei’s smart driving systems, including its HarmonyOS cockpit and Qiankun intelligent driving technology.

The partnership comes amid mounting pressure on SAIC in the market. The Chinese partner of Volkswagen and General Motors was toppled from its 18-year throne as China’s best-selling carmaker by BYD last year.

Its once-profitable joint ventures are losing ground to Chinese carmakers including Geely and BYD, while its indigenous brands such as MG and Roewe have been struggling to get a foothold.

It is the result of a combination of factors, which include the poor positioning of its brands and, more importantly, its early but inefficient shift to smart onboard features and advanced driving-assist functions.

SAIC unveiled its goal in 2021 to become a technology company focused on smart and electric vehicles. It said it would earmark a budget of 300 billion yuan by 2025.

Chen Hong, then chairman of SAIC, said that outsourcing intelligent driving systems to a third party like Huawei would render SAIC “a soulless body”.

At the time, this statement encapsulated the attitude of an automaker that saw itself as impervious to external technological influence. It believed its established position, fortified by lucrative joint ventures and proprietary technology, would safeguard its future.

However, SAIC has failed to come up with competitive models in a market which has seen an influx of smart models from both startups like Xpeng to established companies like Geely and Great Wall Motor.

By 2024, its long-held position as China’s top-selling automaker was taken by BYD, which sold 4.27 million vehicles compared to SAIC’s declining numbers.

Even more troubling, SAIC’s profits plummeted, with its own electric vehicle brands, IM Motors and Rising Auto, struggling to gain traction in the market.

Under such circumstances, the “soul theory” is no longer a question for President Jia Jianxu, who took the helm of SAIC in July 2024.

“SAIC ‘condescending’ to partner with Huawei has a lot to do with its falling sales, which affect its stock price,” said Zhang Xiang, a fellow at the Research Center of Automobile Industry Innovation of the North China University of Technology.

Zhang said SAIC needs Huawei’s tech to regain consumer trust, as its subsidiary Z-One failed to come up with solutions in the smart EV sector.

Also, the Huawei brand could provide a much-needed boost for Shangjie, positioning it to compete with well-established players like BYD.

Huawei has proved its competitive edge in the smart driving and smart cabin sector, with partnerships at carmakers including Seres, said Zhang.

The Shangjie brand marks Huawei’s fifth collaboration in its Harmony Intelligent Mobility Alliance, with the other four being codeveloped with private carmakers Seres and Chery as well as State-owned BAIC and JAC.

Seres, a nobody in China’s car industry just years ago, shot to stardom following its partnership with Huawei to launch the Aito brand.

Its Aito M9 SUV has been the bestselling premium vehicle priced above 500,000 yuan in China for 10 months in a row. Seres boasts a market value of around 180 billion yuan on China’s stock market, similar to SAIC.

Shangjie represents SAIC’s latest bet to regain relevance in a market increasingly dominated by tech-savvy consumers and electric-focused competitors.

It hopes that the brand’s affordability and smart technology integration place it against the likes of BYD, Geely and newer entrants such as Xiaomi’s SU7 sedan.

However, key questions remain: Can Huawei’s technology overcome SAIC’s image as a laggard and will it help SAIC to stand out as there are already several partnerships with Huawei in the market?

SAIC’s transformation mirrors the broader struggles facing traditional automakers in China and around the world.

As electrification and smart technologies disrupt the automotive industry, even the largest manufacturers are realizing that size alone is no longer an advantage.

Earlier this month, BYD announced that smart driving will become a standard feature on its vehicles, with the cheapest car priced 69,800 yuan.

Analysts say SAIC’s move to partner with Huawei is a wake-up call for other traditional automakers, adding that the only way forward is cooperation and openness.

SAIC’s partnership with Huawei comes in tandem with significant personnel adjustments within the company. A mid- and senior-level management reshuffle involving more than 60 positions was announced last week, aiming to boost its indigenous brands including Roewe, Rising Auto and MG.

Jia oversees these brands now put under the umbrella of the big passenger car unit. The 47-year-old showed his resolve in a company speech in September 2024, saying: “One may have to kneel first before he gets the chance to stand up firmly on his feet”.

MIL OSI China News –

February 24, 2025
MIL-OSI China: Chinese car fleet in Russia surpasses 2.3M units

Source: China State Council Information Office

A drone photo shows passenger cars to be exported at a port in Lianyungang, east China’s Jiangsu Province, Feb. 21, 2025. [Photo/Xinhua]

As of Jan. 1 this year, nearly 2.36 million Chinese-brand passenger cars have been registered in Russia, said a recent report released by the analytical agency Autostat.

Experts noted that Chinese-brand cars account for 5 percent of the country’s total registered passenger vehicles, meaning one in every twenty cars is from a Chinese automaker.

The report shows that Chery leads among Chinese cars in Russia, accounting for over 20 percent of all registered Chinese vehicles with 528,200 units. Geely follows with 422,400 cars, while Haval ranks third with 404,300 units.

Among individual models, the Haval Jolion crossover is the most popular, with 164,200 units registered. The Chery Tiggo 7 PRO MAX crossover also reached the 100,000 milestone, registering 104,000 units.

MIL OSI China News –

February 24, 2025
MIL-OSI New Zealand: Hornswoggling porch pirate nabbed in Waikato

Source: New Zealand Police (National News)

Police have arrested a 35-year-old Hamilton woman in relation to a number of parcel thefts around the region.

She is facing five charges of burglary and is due to appear in the Hamilton District Court on Thursday 27 February.

In recent weeks, Police have received a number of reports about parcels going missing from doorsteps of houses.

Police are reminding the public to take extra caution to ensure their parcels don’t fall into the hands of thieves.

Use the carriers’ parcel tracking services to keep an eye on when your parcel is due to arrive.

If you are not home, make sure your parcel is left somewhere safe and out of sight, or ask a neighbour or friend to collect it from your doorstep.

If you see anything suspicious, take note of any activity and/or vehicle number plates and make a report to Police.

You can contact us via 105 by calling or making an online report, or call 111 if it is happening now.

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MIL OSI New Zealand News –

February 24, 2025
MIL-Evening Report: Trump is reviving a tariff strategy from America’s ‘Gilded Age’. It didn’t end well last time

Source: The Conversation (Au and NZ) – By Garritt C. Van Dyk, Senior Lecturer in History, University of Waikato

Getty Images

A White House fact sheet about Donald Trump’s recently announced “Fair and Reciprocal Plan” on trade described it as “the art of the international deal” – a reference to Trump’s 1987 business book, The Art of the Deal.

It was a classic piece of self-marketing from the president, but whether his latest tariff proposal will really turn out to be artful is very much open to question.

In fact, the United States’ long history of “reciprocity” in tariffs and trade suggests ordinary Americans could be in for a bumpy ride.

In essence, Trump is reviving a strategy used in the US more than a century ago to protect developing domestic industries. This time, according to the president, reciprocal tariffs aim “to correct longstanding imbalances in international trade and ensure fairness across the board”.

The plan targets trade relationships with other countries where the US does not receive reciprocal treatment. And it echoes the policies of the 25th US president, William McKinley, who presided over an aggressive reciprocal tariff regime in the late 19th century.

McKinley was president from 1897 until he was assassinated in 1901. And while Trump greatly admires his business acumen, McKinley’s economic legacy also reads like a cautionary tale.

Not a simple equation

From the current US perspective, “reciprocity” refers to symmetrical tariffs. Trump’s plan targets unequal rates, such as the European Union’s 10% tariff on US cars, compared with the 2.5% US tariff on European automobiles.

The EU’s 10% rate represents its “most-favoured-nation” tariff, which applies to all its favoured-nation trading partners (with certain exceptions).

While this looks like a clear lack of reciprocity, it’s not that simple. The US also applies a 25% tariff on EU utility vehicles (pickup trucks).

This is significant because of the popularity of pickups in the US – a 2024 survey found 47% of Americans owned one. Until last year, the Ford F150 had been the bestselling “car” in the US for 42 years in a row.

This is just one example of how differences in tariffs can be more complex than they appear at first glance.

A history of reciprocal tariffs

This cycle of higher and lower tariffs has gone on for well over a century. From 1861 to 1930, the US Congress maintained control over trade tariffs, with levels as high as 50% to protect developing industries.

But in 1934, Congress passed the Reciprocal Trade Agreements Act, giving President Franklin D. Roosevelt authority to negotiate reciprocal tariff reductions with individual nations to stimulate global trade during the Great Depression.

These tariff reductions continued after World War II with the development of the World Trade Organization and US tariff levels declining to 5%. Economist Douglas Irwin refers to this period as the “reciprocity period” of nations lowering barriers to international trade.

The last time “reciprocity” was used to refer to the opposite process of raising tariffs was in 1890, under the Tariff Act, often just called the McKinley Tariff. It is this era Trump harked back to in his inaugural address:

President McKinley made our country very rich through tariffs and through talent – he was a natural businessman.

William McKinley.
Getty Images

Before he became president, McKinley was head of the House of Representatives’ Ways and Means Committee. He proposed an average increase in tariffs on all imports, rising from 38% to 49.5% to “secure reciprocal trade”.

The new law was designed to protect the tinplate industry with a tariff of 70%, and “to reduce the revenue and equalize duties on imports”.

At the time, the US was running large surpluses from tariff revenues, which was threatening economic growth. This sounds counterintuitive these days, but surpluses were a problem because the US dollar was backed by gold at a fixed price (the gold standard).

Because the amount of money in circulation – and state spending – were limited to the amount of gold held by the government, surplus funds had to be kept in the Treasury reserves. This reduced the money supply and led to lower growth, less investment and tighter credit.

Republicans thought higher tariffs would reduce imported goods and therefore tariff revenues. Instead, income from the higher tariffs more than compensated for import reductions, and the surpluses increased.

Consumer prices rose, farm prices dropped, and the resulting voter backlash saw the Republicans lose control of Congress at the 1890 midterm elections. There was a financial panic in 1893, followed by a recession that lasted until 1896.

A new ‘Gilded Age’

This period in late 19th-century US history is often referred to as the “Gilded Age”, from the title of an 1873 book by Charles Dudley Wright and Mark Twain.

The book was a satire of political corruption and unscrupulous businessmen who benefited from political favours. The title reflects the reality of the era – superficially prosperous but not truly golden.

A thin veneer of technological progress, innovation and wealth concealed widespread corruption, scandals and income inequality.

But aside from the obvious historical parallels, it is overly optimistic to expect a plan from 1890 to succeed in a complex global trade environment that relies on interdependent supply chains to function.

McKinley’s flawed strategy sought protection for a few industries, but also aimed to reduce revenue for a government running large surpluses. However, Trump’s new tariffs are meant to raise revenue to pay off the US$36.5 trillion national debt, as well as to enforce reciprocal trade terms.

Trump began his second term with a declaration that “the golden age of America begins right now”. As in 1890, however, the risk remains that a handful of wealthy industrialists will benefit from increased protection, while ordinary citizens will pay higher prices.

Less the “art of the deal”, then, than a possible dealbreaker. In which case, Trump may yet be remembered less for a new golden age than for a Gilded Age 2.0.

Garritt C. Van Dyk received funding from the Getty Research Institute in 2024 .

– ref. Trump is reviving a tariff strategy from America’s ‘Gilded Age’. It didn’t end well last time – https://theconversation.com/trump-is-reviving-a-tariff-strategy-from-americas-gilded-age-it-didnt-end-well-last-time-250389

MIL OSI Analysis – EveningReport.nz –

February 24, 2025
MIL-OSI United Nations: How ancestral insights can strengthen early warnings

Source: UNISDR Disaster Risk Reduction

Four practical actions to integrate indigenous and local knowledges into early warning system monitoring and forecasting

For generations, many Indigenous peoples and local communities have developed localized methods to anticipate, prepare for, and respond to disasters. Drawing on deep traditional knowledge and experience of their surroundings, they use ecological, hydro-meteorological, and celestial indicators to monitor and forecast environmental changes. These traditional approaches have become central components of some effective early warning systems (EWS), especially when integrated with scientific methods. This powerful combination of traditional and scientific knowledge is already proving successful across the globe.

In Vanuatu, the world’s most disaster-prone nation, communities are turning to their ancestral wisdom to build resilience. Facing cyclones, volcanic eruptions and earthquakes every year, Vanuatu’s people have relied for centuries on natural signs to predict danger. Traditional knowledge holders observe changes in wind patterns, cloud formations, and animal behavior. This traditional knowledge is now being integrated with modern science through tools like the ClimateWatch App. Local Civil Society Organizations across Vanuatu use the app alongside Provincial Traditional Knowledge calendars to collect valuable environmental data. Through this initiative, communities can systematically document and monitor traditional indicators including animal behavior, plant changes, and celestial signs to enhance early warning capabilities.

In Indonesia’s Simeulue Island, “smong” is a traditional warning system for tsunamis, shared in local songs and stories. The word specifically describes the sequence of tsunami warning signs: first an earthquake, then the sea receding, followed by a giant wave. This knowledge originated after a devastating tsunami in 1907 and was preserved through oral traditions. The power of this traditional knowledge was proven during the 2004 tsunami – when a 9.2 magnitude earthquake struck and the sea receded, all 70,000 Simeulue residents recognized these ancestral warning signs of smong and immediately fled to higher ground. While devastating waves claimed many lives across the Indian Ocean, the people of Simeulue survived thanks to their preserved traditional warning system.

These traditional methods deliver concrete results – saving lives, protecting crops, and building climate resilience. Furthermore, by recognizing and incorporating trusted sources of wisdom, an integrated system can gain the confidence and acceptance of the local community it serves. Yet despite their vital importance for community-based solutions, these important sources of knowledge are often overlooked in early warning systems on a global scale.

To address this gap, UNDRR’s Handbook on the use of risk knowledge for multi-hazard early warning systems 2024 offers the four practical actions below to successfully integrate local and indigenous knowledge into monitoring and forecasting activities.

1. Inform

Introduce scientific monitoring and forecasting methods to the local population.

Communities must understand how their local knowledge can validate, support and strengthen forecasting models. This knowledge sharing should emphasize the mutual benefits of combining modern and local knowledge to predict hazards.

2. Consult

Hold key informant interviews with local knowledge holders, community leaders, and local disaster management council members to better understand existing local knowledge systems for hazard monitoring and forecasting.

Community consultations through focus group discussions can reveal key insights on precursors to specific hazards. For example, in Southern Africa, drought forecast data has been collected from local knowledge on trees and plants through structured questionnaires at household level. Convenings such as Regional Climate Outlook Fora enable regional experts and local/national practitioners to discuss scientific forecasts.

3. Involve

Use crowdsourcing platforms to harness community involvement in monitoring hazards and reporting environmental variables.

In Tanzania, community disaster management committees or local volunteers in the Global Facility for Disaster Reduction and Recovery project utilize WhatsApp and Telegram to share real-time flood information and coordinate responses. Malawi uses the Weather Chasers WhatsApp group to gather local knowledge on weather disasters by encouraging community members to share real-time weather observations, which helps verify forecasts and improve EWS. Participatory modeling, such as in Dar-es-Salaam’s urban flood management, engages communities directly. Local knowledge holders contribute to defining impact thresholds, ensuring EWS alignment with local contexts.

Local communities should be engaged through an interactive modelling process. In Dar-es-Salaam, Tanzania, local populations are directly engaged in participatory mapping efforts, resulting in more accurate flood models and a more resilient society. Local knowledge holders should also contribute to defining impact thresholds, ensuring EWS alignment with local context.

4. Cooperate

Integrate exposed communities into the process of identifying hazard indicators, drawing on their environmental and scientific knowledge.

Integrated systems depend on cooperation between communities using local forecasting systems and scientific communities. By proposing multiple evidence-based forecasting approaches, systems can foster community ownership and trust.

Building resilient futures by integrating local and Indigenous Knowledges

To draw on all relevant knowledge systems to protect communities, policymakers must recognize local and Indigenous Knowledges as critical resources for disaster resilience. This means providing dedicated funding for community-led early warning initiatives and fostering partnerships between scientific institutions and local knowledge holders.

With climate change set to bring even more unprecedented challenges, this combination of traditional wisdom and modern science will be increasingly vital for effective disaster risk reduction. Success stories worldwide demonstrate that when local knowledge is respected and incorporated, early warning systems become more sustainable, trusted, and impactful, creating stronger, more resilient communities for generations to come.

Read the full handbook here

MIL OSI United Nations News –

February 24, 2025
MIL-OSI New Zealand: Improvements for users of busy Waikato intersection

Source: New Zealand Transport Agency

The journey through Karāpiro is set to get a little bit easier, with the completion of works on the intersection of State Highway 1 and Karāpiro Road.

New line marking and signage have been installed near this busy intersection, including new electronic signs that will display safety messages. NZ Transport Agency Waka Kotahi (NZTA) says these safety messages will help to remind drivers of the importance of being vigilant around this intersection. 

“The intersection at SH1/Karāpiro Road can be very busy, with local traffic heading towards Karāpiro School, the Mobil service station, and residences, interregional traffic connecting to State Highway 29 and heavy vehicles heading towards the quarry.

“The improvements we’ve made to the intersection, along with the electronic signage, will help to improve safety for all road users”, says Darryl Coalter, Regional Manager Infrastructure Delivery for Waikato/Bay of Plenty (Acting).   

Since 2020 NZTA has been installing a range of safety improvements between Cambridge and Piarere aimed at reducing deaths and serious injuries on this stretch of road. This has included widening the road, having wider centre lines, installing turnaround bays and median barriers, and other safety treatments.

Improving road safety remains a top priority for NZTA but how we invest in road safety is changing.

Our focus is on delivering safe roading infrastructure via the Roads of National Significance and Roads of Regional Significance, providing enhanced maintenance and highway resilience as well as increased support for NZ Police enforcement.

“We investigated the possibility of installing a roundabout to replace the T-intersection, which would have been an interim step until the new interchange, as a part Cambridge to Piarere expressway project, began. With construction on the interchange expected to begin in late-2026, the roundabout wasn’t prioritised for funding via the current 2024-27 National Land Transport Programme,” says Mr Coalter.

“We are pleased that we have been able to progress these intersection improvements in the meantime.”

The Cambridge to Piarere expressway Road of National Significance project is 16-km long expressway with 4-lanes from the southern end of the Waikato Expressway near Cambridge to the new SH1/SH29 roundabout at Piarere. It will give road users more reliable travel times and improve safety further.

Here’s a concept animation showing how the new Cambridge to Piarere expressway may look:

[embedded content]

Video: SH1 Cambridge to Piarere concept design – October 2024

Learn more about it here:

SH1 Cambridge to Piarere

MIL OSI New Zealand News –

February 24, 2025

Category: Vehicles

UK steps up life-saving medical support for Ukraine’s Armed Forces

Defence Secretary, John Healey MP, said:

Minister for Veterans and People, Alistair Carns DSO, OBE, MC, said:

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Not a simple equation

A history of reciprocal tariffs

A new ‘Gilded Age’

1. Inform

2. Consult

3. Involve

4. Cooperate

Building resilient futures by integrating local and Indigenous Knowledges