Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for April 26, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on April 26, 2025.

MIL-OSI China: Second China-Kazakhstan foreign ministers’ strategic dialogue held in Almaty
Source: People’s Republic of China – State Council News Wang Yi (L), member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs, holds the second China-Kazakhstan Foreign Ministers’ strategic dialogue with Murat Nurtleu, Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan in Almaty, Kazakhstan, on April 25, 2025. [Photo/Xinhua] ALMATY, April 25 — Wang Yi, member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs, held the second China-Kazakhstan Foreign Ministers’ strategic dialogue here with Murat Nurtleu, Deputy Prime Minister and Minister […]

MIL-OSI China: Nation to step up IP protection efforts
Source: People’s Republic of China – State Council News China will continue stepping up protection of intellectual property rights, particularly in cutting-edge digital fields such as artificial intelligence and cybersecurity, as the country aims to fuel sustainable innovation in emerging industries amid its rising technological strength, said experts. The remarks followed a news conference held by the State Council Information Office early on Friday, during which the Annual Report on China’s Combating of IPR Infringement and Counterfeiting (2024) was released. The report outlines the new measures and achievements China made in 2024 to combat intellectual property infringement and counterfeiting, with […]

MIL-OSI Economics: Joint Statement of The Thirty–Third ASEAN Socio-Cultural Community (ASCC) Council
Source: ASEAN – Association of SouthEast Asian Nations 1. The 33rd ASEAN Socio-Cultural Community (ASCC) Council Meeting was held on 24 April 2025, in Kuching, Sarawak, Malaysia.   2. The Meeting expressed its deepest sympathies and condolences to the peoples of Myanmar and Thailand by recent earthquake. The Meeting reaffirmed ASEAN’s solidarity and commended the prompt humanitarian response in supporting the relief and recovery efforts.   Download the full statement here. The post Joint Statement of The Thirty–Third ASEAN Socio-Cultural Community (ASCC) Council appeared first on ASEAN Main Portal. MIL OSI Economics –

MIL-OSI USA: SENATOR: TRUMP TARIFFS ARE COSTING LI-ERS $5,000 MORE A YEAR; SENATOR REVEALS ICONIC LONG ISLAND FASHION BUSINESS COSTS HAVE JUMPED 30%—WITH NO END IN SIGHT; SENATOR STANDS WITH OWNER—WHO VOTED FOR…
US Senate News: Source: United States Senator for New York Charles E Schumer Schumer Stands With Long Island Trump Voters Who Love “MAGA” – But Hate Tariffs & Want White House To Get The Message That They Are Killing LI Economy, Consumers & Small Biz Senator Says If Trump Tariff War Continues Nassau Could Lose 10,900 Jobs & Suffolk Could Lose 24,400; LI Fashion Staple, TandyWear, Just Expanded Last Year But All This Success Could Be Snuffed Out & LI Could Suffer Schumer: Trump Tariffs Are Unraveling LI Fashion Company – And Things Could Get Worse If GOP Refuses To […]

MIL-OSI USA: ICYMI: Shaheen Discusses Impact of Tariffs on Businesses and Supply Chains at NH Ball Bearings, Visits New LaValley Family Community Center Made Possible by Funds She Helped Secure
US Senate News: Source: United States Senator for New Hampshire Jeanne Shaheen (Newport, NH) – U.S. Senator Jeanne Shaheen (D-NH), a top member of the U.S. Senate Armed Services Committee, on Wednesday visited New Hampshire Ball Bearings (NHBB) – a Granite State manufacturer of parts that are integral to global aerospace and defense machinery – to discuss how the administration’s tariffs raise costs for businesses like theirs and exhaust supply chains they rely on. Later, Shaheen visited the newly opened LaValley Family Community Center in Newport to tour the state-of-the-art facility that was constructed using Congressionally Directed Spending funds the […]

MIL-OSI Africa: AI policies in Africa: lessons from Ghana and Rwanda
Source: The Conversation – Africa – By Thompson Gyedu Kwarkye, Postdoctoral Researcher, University College Dublin Artificial intelligence (AI) is increasing productivity and pushing the boundaries of what’s possible. It powers self-driving cars, social media feeds, fraud detection and medical diagnoses. Touted as a game changer, it is projected to add nearly US$15.7 trillion to the global economy by the end of the decade. Africa is positioned to use this technology in several sectors. In Ghana, Kenya and South Africa, AI-led digital tools in use include drones for farm management, X-ray screening for tuberculosis diagnosis, and real-time tracking systems for packages […]

MIL-OSI NGOs: US government confirms their support for deep sea mining plans that bypass United Nations, Greenpeace response
Source: Greenpeace Statement – Greenpeace USA activists unfurl a banner calling on the US government to Stop Deep Sea Mining in front of Trump Tower on 5th Avenue in New York City. Washington DC, USA, (April 24, 2025) – President Trump today signed a sweeping executive order advancing U.S. ambitions to launch deep sea mining in U.S. and international waters. This rogue action is highly politically controversial for appearing to bypass the International Seabed Authority (ISA), the regulatory body set up by the United Nations to protect the deep sea as the common heritage of humankind and decide whether deep […]

MIL-OSI NGOs: Stakes high as G20 ministers miss opportunity to pursue solidarity, wealth tax
Source: Greenpeace Statement – Washington, D.C. – A meeting of G20 Finance Ministers has failed to deliver a key signal of solidarity as ongoing economic turmoil led to difficult talks in Washington D.C. and slowed progress on critical reforms to tax the world’s super-rich. In a disappointing outcome at the 2nd Finance and Central Bank Ministerial Meeting, no reference was made to earlier agreements focused on cooperative efforts to effectively tax the ultra-rich as momentum around the initiative appeared to stall.  Fred Njehu, Global Political Lead, Greenpeace Africa, said: “Turbulent economic times like these demand a unified, multilateral response and […]

MIL-OSI Asia-Pac: LCQ10: Nurturing and attracting innovation and technology talents
Source: Hong Kong Government special administrative region 3 LCQ10: Nurturing and attracting innovation and technology talents Question: There are views that in order to realise the vision of developing Hong Kong into an international innovation and technology (I&T) centre, as well as to develop new quality productive forces and promote sustainable economic development, Hong Kong needs to nurture and attract sufficient I&T talents. In this connection, will the Government inform this Council: (1) of the respective numbers and ratios of senior secondary students who took the subjects of Physics, Chemistry, Biology and the Extended Part of Mathematics, as well as those who took […]

MIL-OSI Russia: Press Briefing Transcript: European Department, Spring Meetings 2025
Source: IMF – News in Russian April 25, 2025 PARTICIPANTS:  MR. HELGE BERGER, Deputy Director, European Department, IMF  MS. OYA CELASUN, Deputy Director, European Department, IMF  MR. ALFRED KAMMER, Director, European Department, IMF MODERATOR:  MS. CAMILA PEREZ, Senior Communications Officer, IMF *  *  *  *  * P R O C E E D I N G S (10:00 a.m.) MS. PEREZ: Hi everyone.  Thank you so much for joining today’s press conference on the European Economic Outlook.  I’m Camila Perez.  I’m a Communications Officer with the IMF.  We’re pleased to be joined today by Alfred Kammer, sitting next to me, Director […]

MIL-OSI Economics: Press Briefing Transcript: European Department, Spring Meetings 2025
Source: International Monetary Fund April 25, 2025 PARTICIPANTS:  MR. HELGE BERGER, Deputy Director, European Department, IMF  MS. OYA CELASUN, Deputy Director, European Department, IMF  MR. ALFRED KAMMER, Director, European Department, IMF MODERATOR:  MS. CAMILA PEREZ, Senior Communications Officer, IMF *  *  *  *  * P R O C E E D I N G S (10:00 a.m.) MS. PEREZ: Hi everyone.  Thank you so much for joining today’s press conference on the European Economic Outlook.  I’m Camila Perez.  I’m a Communications Officer with the IMF.  We’re pleased to be joined today by Alfred Kammer, sitting next to me, Director of the […]

MIL-OSI Submissions: Asia Pacific – NORTH GUADALCANAL CONSTITUENCY CHAMPIONS CDF ACCOUNTABILITY
Source: Government of the Solomon Islands The era of desired change has arrived for the North Guadalcanal Constituency (NGC) as it takes the lead in Constituency Development Funds (CDF) audit compliance. This marks a significant step in promoting transparency and accountability in the delivery of its CDF under the national government’s Constituency Development Programme (CDP). Recently, the Ministry of Rural Development (MRD) conducted an internal procurement audit and compliance spot check on the constituency’s 2024 CDF budget expenditures and was satisfied to note the high-level of compliance established by the Constituency office in relation to the government’s procurement and financial management […]

MIL-OSI USA: Wyden Demands Trump Administration Restore Travelers’ Rights
US Senate News: Source: United States Senator Ron Wyden (D-Ore) April 25, 2025 Mistreatment of travelers to U.S. has generated international travel safety warnings and may hurt upcoming global sporting events hosted in our country like the World Cup, Summer Olympics and the Paralympics Washington D.C. –U.S. Senator Ron Wyden today demanded the Trump Administration restore the rights of the one million travelers who routinely enter the U.S each day, taking note of major upcoming global sporting events like the World Cup, Summer Olympics and Paralympics to be hosted in our country In today’s letter to Secretary of State Marco […]

MIL-OSI USA: Rep. Mike Levin and Toy Manufacturer Reveal Tariff’s Consequences on the Cost of Living and Local Jobs
Source: United States House of Representatives – Representative Mike Levin (CA-49) April 24, 2025 Rep. Levin discusses the impact of tariffs Watch full press conference here Carlsbad, CA—Today, Rep. Mike Levin (CA-49) held a press conference with The Op Games, a toy manufacturing company based in Carlsbad, to sound the alarm on the impact of the Trump Administration’s tariffs on small businesses, consumer prices, and the cost of living. “Trump’s tariffs are nothing more than a hidden tax on everyday goods,” said Rep. Mike Levin. “Other countries aren’t paying these costs—California families and companies like The?Op?Games are. When prices rise, […]

MIL-OSI Russia: Press Briefing Transcript: IMFC, Spring Meetings 2025
Source: IMF – News in Russian April 25, 2025 Speaker: Kristalina Georgieva, Managing Director, IMF Mohammed Aljadaan, IMFC Chair, Minister of Finance, Saudi Arabia   Moderator: Julie Kozack, Director, Communications Department, IMF     Ms.  Kozack: I am delighted to have with me the Chair of the IMFC, His Excellency Mohammed Aljadaan. He is also the Minister of Finance of Saudi Arabia. And of course, our Managing Director Kristalina Georgieva. Minister Aljadaan and the Managing Director will first share some takeaways with you and then when that is concludes we will turn to you for your questions.  Your Excellency, the […]

MIL-OSI Russia: Press Briefing Transcript: African Department, Spring Meetings 2025
Source: IMF – News in Russian April 25, 2025 PARTICIPANTS: Speaker: ABEBE AEMRO SELASSIE, Director, African Department, IMF Moderator: KWABENA AKUAMOAH-BOATENG, Communications Officer, IMF *  *  *  *  * MR. AKUAMOAH-BOATENG: Good morning, good afternoon, and good evening to all of you here in the room and those joining us online. My name is Kwabena Akuamoah-Boateng.  I am with the Communications Department of the IMF, and I will be your moderator for today.  Welcome to today’s press briefing on the Regional Economic Outlook for Sub-Saharan Africa. I am pleased to introduce Abebe Aemro Selassie, Director of the IMF’s African Department.  […]

MIL-OSI Economics: Thales and Deloitte form Strategic Alliance to Help Enhance Data Protection and Governance Services
Source: Thales Group Headline: Thales and Deloitte form Strategic Alliance to Help Enhance Data Protection and Governance Services 25 Apr 2025 Share this article Combining Thales’s encryption and key management with Deloitte’s advanced cybersecurity services Delivering enhanced data protection, governance, and compliance capabilities Offering extensive experience in cybersecurity to help customers mitigate risk Thales, the leading global technology and security provider, today announced a strategic alliance with Deloitte to deliver advanced, tailored cybersecurity services and solutions to organisations. Enhancing Data Protection and Governance Services Capabilities This alliance will combine Thales’s advanced encryption and key management technologies with Deloitte’s data protection, […]

MIL-OSI Economics: Panel established to review EU duties on battery electric vehicles from China
Source: World Trade Organization DS630: European Union — Definitive Countervailing Duties on New Battery Electric Vehicles from China China submitted its second request for the establishment of a dispute panel with respect to the definitive countervailing duties imposed by the European Union on new battery electric vehicles from China. The request also concerns the underlying investigation that led to the imposition of the duties. The EU had said it was not ready to accept China’s first request for the panel at a DSB meeting on 24 March . China said it considers the EU measures inconsistent with various WTO provisions. It […]

MIL-OSI Europe: EIB extends over €525 million to Poland’s top utility PGE for renewable energy production
Source: European Investment Bank EIB European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth PLN 2.25 billion (over €525 million). EIB loan will support Poland’s energy transition, helping strengthen economic competitiveness and security. The European Investment Bank (EIB) granted PLN 2.25 billion to Poland’s top utility PGE Polska Grupa Energetyczna (PGE) to support renewable energy production. The favourable loan will allow PGE to develop its network of photovoltaic installations throughout the country and to modernise an existing pumped-storage power plant. The seventh agreement between the EIB and PGE will support the firm’s decarbonisation strategy by enabling planned investments in photovoltaic […]

MIL-OSI USA: Congressman Dan Goldman, Councilmember Zhuang, Food Assistance Orgs, Community Leaders, Highlight Rising Grocery Prices and Cost of Living Resulting from Trump’s Chaos
Source: US Congressman Dan Goldman (NY-10) Trump’s Tariffs, Planned SNAP and Medicaid Cuts are Exacerbating City’s Affordability Crisis    Trump Administration Has Cut Essential Housing, Food, and Child Care Programs for Thousands of NYC Families    Egg Prices Have Risen 60.4% Since Last Year    See Pictures and Video from Press Conference Here      New York, NY – Congressman Dan Goldman (NY-10) today joined, NYC Council member Susan Zhuang, and community organizations – including the Chinese-American Planning Council, Parent Child Relationship Association, Homecrest Community Services, UA3, and the Center for Family Life in Sunset Park – as well as […]