code: def _initialize_logging():
      
  
      # Starting the console handler if a terminal is available.
      if sys.stdout.isatty() or platform.system() in ("Darwin", "Linux"):
          RuntimeGlobals.logging_console_handler = foundations.verbose.get_logging_console_handler()
  
      # Defining logging formatters.
      RuntimeGlobals.logging_formatters = {"Default": foundations.verbose.LOGGING_DEFAULT_FORMATTER,
                                           "Extended": foundations.verbose.LOGGING_EXTENDED_FORMATTER,
                                           "Standard": foundations.verbose.LOGGING_STANDARD_FORMATTER}
docs: Initializes the Application logging.