Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for May 10, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 10, 2025.

MIL-OSI USA: WEEK 16 WINS: President Trump Advances America’s New Golden Age
US Senate News: Source: The White House This week, President Donald J. Trump advanced his America First agenda with remarkable successes that bolster the economy, enhance national security, and promote global stability. From a landmark trade agreement to bold steps to secure our borders and skies, President Trump is delivering results that matter to every […]

MIL-OSI: Shopify Inc to Join the Nasdaq-100 Index® Beginning May 19, 2025
Source: GlobeNewswire (MIL-OSI) NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced that Shopify Inc. (Nasdaq: SHOP), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™) prior to market open on Monday, May 19, 2025. Shopify Inc. will replace MongoDB, Inc. (Nasdaq: […]

MIL-OSI Europe: Isabel Schnabel: Keeping a steady hand in an unsteady world
Source: European Central Bank Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at Hoover Monetary Policy Conference “Finishing the Job and New Challenges”, Stanford University Stanford, 10 May 2025 Standard theory of monetary policy rests on a simple premise: a stable relationship between inflation and the output gap. This is the […]

MIL-OSI China: Xi calls for advancing building of China-Serbia community with shared future
Source: People’s Republic of China – State Council News Chinese President Xi Jinping meets with Serbian President Aleksandar Vucic on the sidelines of the celebrations marking the 80th anniversary of the victory in the Soviet Union’s Great Patriotic War in Moscow, Russia, May 9, 2025. [Photo/Xinhua] MOSCOW, May 9 — Chinese President Xi Jinping said […]

MIL-OSI China: Xi urges China, Myanmar to keep advancing key projects of economic corridor
Source: People’s Republic of China – State Council News Chinese President Xi Jinping meets with Myanmar leader Min Aung Hlaing on the sidelines of the celebrations marking the 80th anniversary of the victory in the Soviet Union’s Great Patriotic War in Moscow, Russia, May 9, 2025. [Photo/Xinhua] MOSCOW, May 9 — Chinese President Xi Jinping […]

MIL-OSI USA: Cook, Opening Remarks on Productivity Dynamics
Source: US State of New York Federal Reserve Good afternoon. Thank you for moderating, Peter. It is an honor to be with you today, and it is always great to be back at Stanford and at the Hoover Institution. I spent several formative years of my career here, including as a National Fellow, and always […]

MIL-OSI USA: Labrador Letter: Idaho Defends Truckers from California’s EV Overreach
Source: US State of Idaho Home Newsroom Labrador Letter: Idaho Defends Truckers from California’s EV Overreach Dear Friends,This week, the State of California agreed to repeal key provisions of a sweeping electric-vehicle mandate known as Advanced Clean Fleets. This rule, issued by the California Air Resources Board, sought to force a nationwide shift in trucking […]

MIL-OSI USA: During National Small Business Week, Ranking Member Markey Convenes Field Hearing, Releases Report Detailing Trump Assault on Small Businesses and the Clean Energy Economy
US Senate News: Source: United States Senator for Massachusetts Ed Markey REPORT: Pulling the Plug: How Trump’s Attacks on Clean Energy Could Turn out the Lights for Small Business Boston (May 9, 2025) – During National Small Business Week, Senate Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) today led a field […]

MIL-OSI USA: Ranking Member Markey Hosts Virtual Discussion with Small Business Owners on the Impacts of Trump’s Tariffs
US Senate News: Source: United States Senator for Massachusetts Ed Markey Washington (May 8, 2025) – Senate Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) today held a virtual listening session with small business owners in Massachusetts and small business owners who serve the Commonwealth on the devastating impacts the Trump Tariffs […]

MIL-OSI USA News: Protecting the Great Lakes from Invasive Carp
Source: The White House MEMORANDUM FOR THE SECRETARY OF THE INTERIOR               THE SECRETARY OF COMMERCE               THE SECRETARY OF THE ARMY               THE ADMINISTRATOR OF THE ENVIRONMENTAL PROTECTION                      AGENCY SUBJECT:       Protecting the Great Lakes […]

MIL-OSI Russia: Xi Jinping Calls on China, Myanmar to Steadily Push Forward Key Projects of China-Myanmar Economic Corridor
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – Source: People’s Republic of China – State Council News Moscow, May 9 (Xinhua) — Chinese President Xi Jinping on Friday called on China and Myanmar to deepen strategic cooperation and steadily advance the implementation of key […]

MIL-OSI Asia-Pac: Speech by CE at reception in celebration of establishment of Consulate-General of Uruguay in Hong Kong (English only) (with photos/video)
Source: Hong Kong Government special administrative region      Following is the speech by the Chief Executive, Mr John Lee, at the reception in celebration of the establishment of the Consulate-General of Uruguay in Hong Kong today (May 9): Your Excellency Minister Mario Lubetkin (Minister of Foreign Affairs of Uruguay), Your Excellency Ambassador Fernando Lugris […]

MIL-OSI Submissions: Economy – Global Barometers indicate a slowdown in world economy – KOF
Source: KOF Economic Institute The Coincident and Leading Barometers decrease for the third consecutive month. This time more markedly, reflecting rising uncertainty due to escalating trade tensions and the prospect of slower growth in several regions. In May, the Global Economic Coincident Barometer decreases by 3.6 points to 92.2 points, the lowest level since February […]

MIL-OSI Economics: The AI-powered future of health: Insights from Microsoft leaders
Source: Microsoft Headline: The AI-powered future of health: Insights from Microsoft leaders Over the last few years, healthcare and life sciences organizations have made great strides in harnessing AI to accelerate scientific breakthroughs, enhance clinician productivity and wellbeing, and improve patient experiences and outcomes.  It’s remarkable to think how far we’ve come since Microsoft was […]

MIL-OSI New Zealand: Trade Minister travels to UK & Korea for trade talks
Source: NZ Music Month takes to the streets Trade and Investment, and Agriculture Minister, Todd McClay travels to the United Kingdom today to participate in the first in-person joint NZ UK Ministerial Trade Committee and to mark the two-year anniversary of the entry into force of the New Zealand United Kingdom Free Trade Agreement (FTA).  […]

MIL-OSI Economics: STATEMENT—Solar to accelerate Quebec’s energy transition 
Source: – Press Release/Statement: Headline: STATEMENT—Solar to accelerate Quebec’s energy transition  CanREA welcomes Hydro-Québec’s plan to develop 3,000 MW of solar power by 2035.    Montreal, May 6, 2025– the Canadian Renewable Energy Association (CanREA) applauds Hydro-Québec’s commitment to purchase 3000 MW of solar power by 2035, starting with the launch of a 300 MW RFP, as […]

MIL-OSI Economics: CanREA congratulates winners of Ontario MT2 RFP 
Source: – Press Release/Statement: Headline: CanREA congratulates winners of Ontario MT2 RFP  16 Ontario wind projects, totalling more than 963 MW, were selected for recontracting in the IESO’s second medium-term request for proposals.  Toronto, May 9, 2025—The Canadian Renewable Energy Association (CanREA) congratulates seven member companies for their selection in Ontario’s second medium-term request for […]

MIL-OSI USA: VIDEO: In Boston, Pressley, Advocates Condemn Trump Attacks on Museums, Affirm Importance of Preserving Shared History
Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07) Congresswoman Convenes Roundtable and Presser at Boston Museum of African American History Pressley Recently Demanded Investigation into Trump’s Attack on Smithsonian and Museums, Brazen Attempt to Whitewash History Roundtable Video | Press Conference Video | Photos BOSTON – Today, Congresswoman Ayanna Pressley (MA-07) convened a roundtable […]

MIL-OSI Russia: Xi Jinping Calls for Advancing Construction of Chinese-Serbian Community of Shared Future
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – Source: People’s Republic of China – State Council News Moscow, May 9 /Xinhua/ — China and Serbia should develop unbreakable friendship, strengthen mutually beneficial cooperation and advance the high-quality construction of a China-Serbia community with a […]

MIL-OSI: Lendmark Financial Services Debuts its First Location in West Bend, Wisconsin Expanding its Wisconsin Presence to 11 Branches, and its 10th Portfolio Opening in 2025
Source: GlobeNewswire (MIL-OSI) WEST BEND, Wis., May 09, 2025 (GLOBE NEWSWIRE) — Lendmark Financial Services (Lendmark), a leading provider of household credit and consumer loan solutions, continues to expand its Wisconsin footprint, opening a new branch in West Bend. The branch is located at 1016 Gateway Ct. and is expected to serve hundreds of customers, […]