Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 6, 2025.
MIL-OSI USA: In Washington, Klobuchar, Smith and Minnesota Small Business Owner Beth Benike Highlight Impact of Trump Administration Tariffs
US Senate News: Source: United States Senator Amy Klobuchar (D-Minn) WASHINGTON — Today, U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) joined small business owners from Minnesota and across the country to speak out against the rising costs of President Trump’s trade war. Minnesota Small Business Person of the Year, Beth Benike, CEO and […]
MIL-OSI USA: Rep. Hill Fights to Turn Vacant Federal Building into Community Space in Perry County
Source: United States House of Representatives – Congressman French Hill (AR-02) WASHINGTON, D.C. — Today, Congressman French Hill (AR-02) has introduced legislation to direct the Secretary of Agriculture to convey a vacant U.S. Forest Service building and its surrounding land in Perryville, Arkansas, to Perry County. Rep. Hill said, “For years, this building has sat […]
MIL-OSI New Zealand: Post-Cabinet Press Conference: Monday 5 May 2025
Source: NZ Music Month takes to the streets POST-CABINET PRESS CONFERENCE: Monday, 5 May 2025 EPIQ TRANSCRIPT PM: Well, look, good afternoon, everyone. It’s great to be joined this afternoon by our awesome Trade Minister, Todd McClay, who’s doing some incredible work. As you know, it’s a big sitting block with the Budget at the […]
MIL-OSI United Kingdom: British businesses celebrated in third year of The King’s Awards for Enterprise
Source: United Kingdom – Executive Government & Departments Press release British businesses celebrated in third year of The King’s Awards for Enterprise The recipients of The King’s Awards for Enterprise have been announced today, celebrating the achievements of leading businesses from across the UK and Channel Islands. 197 recipients announced in The King’s Awards for […]
MIL-OSI Europe: Answer to a written question – Restoring the competitiveness of the steel industry – E-000575/2025(ASW)
Source: European Parliament The steel safeguard review investigation has concluded that the EU steel industry is under significant pressure caused by increasing global overcapacity, stalling domestic demand for steel and additional trade measures on steel imports adopted by third countries. To ensure that the safeguard measure remains effective in the present context, and taking into account […]
MIL-OSI Europe: Answer to a written question – Safeguarding European industry: confronting the European Green Deal’s economic and industrial consequences within the framework of the Competitiveness Compass – E-000553/2025(ASW)
Source: European Parliament 1. The Green Deal[1] aims at positioning Europe as the first climate-neutral continent in a fair, cost effective and competitive way. The Clean Industrial Deal[2] has continued this path by strengthening the business case for decarbonisation and competitiveness in the EU[3] through actions to improve access to affordable energy, lead markets, public and […]
MIL-OSI Europe: Answer to a written question – Countermeasures in response to the unjustified Chinese suspension of graphite exports to Sweden – E-000670/2025(ASW)
Source: European Parliament The Commission registered China’s apparent refusal to issue export licenses for the export of artificial graphite to Sweden as an official trade barrier in 2023 following an internal investigation. The Commission has thereafter been in close contact with Sweden and has raised the issue with China on multiple occasions, during both bilateral […]
MIL-OSI USA: Mayor Johnston, Governor Polis, Attorney General Weiser, Senator Bennet, Congressman Neguse & Congresswoman Pettersen Release Letter to Colorado General Assembly on A.I.
Source: US State of Colorado DENVER – Today, Mayor Johnston, Governor Polis, Attorney General Weiser, Senator Bennet, Congressman Neguse and Congresswoman Pettersen released the following letter to the Colorado General Assembly on A.I. “For decades, Colorado has served as a national leader in the technology innovation sector. Our state is proud to be home to […]
MIL-OSI Canada: Alberta Next: Albertans to choose path forward
Source: Government of Canada regional news (2) Over the past decade, Liberal governments – backed by the NDP – have enacted policies that Albertans feel undermine their economy and future. This has led to widespread frustration following the recent federal election. While Alberta is willing to collaborate in good faith with Prime Minister Mark Carney […]
MIL-OSI Europe: Written question – Support for the upgrade of the Arta-Karditsa link road, to address the isolation and desertion of the countryside – E-001661/2025
Source: European Parliament Question for written answer E-001661/2025to the CommissionRule 144Sakis Arnaoutoglou (S&D), Yannis Maniatis (S&D), Nikos Papandreou (S&D) The Arta-Karditsa link road is a critical artery for Western Greece, Epirus and Western Thessaly, areas facing severe problems of geographical isolation, demographic decline and economic backwardness. It is considered that the upgrade of this road […]
MIL-OSI Europe: Written question – The need to protect entrepreneurship in the European countryside and islands in the face of the tariff war – E-001674/2025
Source: European Parliament Question for written answer E-001674/2025to the CommissionRule 144Fredis Beleris (PPE) The new reality of the tariff war that has broken out is changing the way businesses operate, since it creates major challenges, especially for the developing peripheries of Europe. The industries and crafts that were active in the countryside and on islands […]
MIL-OSI Economics: WTO opens online registration for 2025 Public Forum, launches call for proposals
Source: World Trade Organization The 2025 Public Forum will examine how a modernized, digitalized trading system can improve living standards, create jobs and support sustainable resource management. Participants will explore both the risks and opportunities presented by emerging digital tools. More information about this year’s event is available here. Call for proposals Participants interested in […]
MIL-OSI Economics: Transparency remains a central focus at subsidies committee discussions
Source: WTO Headline: Transparency remains a central focus at subsidies committee discussions The Chair referred to the most recent WTO Secretariat update, noting that 82 members have yet to submit their 2023 and 2021 subsidy notifications, and that 72 members have still not submitted their 2019 notifications. He reiterated his call for members to submit […]
MIL-OSI Economics: WTO report highlights improved impact of technical assistance activities in 2024
Source: WTO Headline: WTO report highlights improved impact of technical assistance activities in 2024 The report reveals that the WTO delivered more than 300 technical assistance activities in 2024, the highest number in the past decade. Over 19,000 government officials were trained in various trade-related areas, including more than 5,000 from least-developed countries (LDCs). This […]
MIL-OSI Europe: Answer to a written question – Absorption of Recovery and Resilience Facility funds by Greece – E-000948/2025(ASW)
Source: European Parliament The Recovery and Resilience Facility[1] (RRF) supports 103 investments and 76 reforms in Greece as set out in a national plan (Greece 2.0) submitted by the Greek authorities to the Commission. Disbursement of funds is based on satisfactory fulfilment of related milestones and targets following an assessment carried out by the Commission[2]. […]
MIL-OSI USA: Ahead of projected “Trump Slump,” Governor Newsom announces record-high tourism — again
Source: US State of California 2 May 5, 2025 What you need to know: California remains the #1 state for tourism, with record-high tourism spending reaching $157.3 billion in 2024. However, the Trump administration’s policies and rhetoric are driving away tourists, killing tourism and hospitality jobs, and already leading to decreased tourism projections. SACRAMENTO — […]
MIL-OSI USA: California applies to expand essential health benefits to include IVF, hearing exams
Source: US State of California 2 May 5, 2025 What you need to know: California applied to the federal government today to update the state’s benchmark plan, which would expand coverage requirements for essential health benefits (EHBs) like hearing aids and wheelchairs in the individual and small group markets starting in 2027. Sacramento, California – […]
MIL-OSI USA: Governor Newsom honors fallen California peace officer heroes
Source: US State of California 2 May 5, 2025 What you need to know: The Governor honored the contributions of fallen California law enforcement officers at the annual California Peace Officers’ Memorial Ceremony. Sacramento, California – Honoring the contributions of fallen California peace officers, Governor Gavin Newsom today joined hundreds of law enforcement officers, state […]
MIL-OSI Asia-Pac: New metal-free organic catalyst can produce hydrogen fuel by harvesting mechanical energy
Source: Government of India Posted On: 05 MAY 2025 4:58PM by PIB Delhi Researchers have developed a novel, cost-effective, metal-free porous organic catalyst for efficient H2 production by harvesting mechanical energy. In order to reduce the global warming and related impact of fossil fuels, transition towards sustainable alternatives based on renewable energy becomes increasingly critical. […]
MIL-Evening Report: We’ve heard the promises. Now it’s up to Labor to deliver its housing, wages and other economic policies
Source: The Conversation (Au and NZ) – By Michelle Cull, Associate Professor of Accounting and Financial Planning, Western Sydney University With a convincing win for a second term of government, the pressure is now on the new Labor government to deliver the economic policies central to its win. Prime Minister Anthony Albanese is wary of […]