Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 15, 2025.
MIL-OSI USA: Pelosi, House Democrats Challenge Trump’s Unlawful, Chaotic Imposition of IEEPA Tariffs
Source: United States House of Representatives – Congresswoman Nancy Pelosi Representing the 12th District of California Washington, D.C. — Speaker Emerita Nancy Pelosi joined 147 Democratic Members of Congress in filing an amicus brief late Monday night challenging President Donald Trump’s sweeping and chaotic tariffs unlawfully imposed under the International Emergency Economic Powers Act (IEEPA). The […]
MIL-OSI USA: Thompson, Stevens Introduce Resolution Celebrating 60th Anniversary of SkillsUSA
Source: United States House of Representatives – Congressman Glenn Thompson (5th District Pennsylvania) WASHINGTON, D.C. – U.S. Representatives Glenn “GT” Thompson (R-PA) and Haley Stevens (D-MI) today introduced a resolution celebrating the 60th anniversary of SkillsUSA. Since 1965, SkillsUSA has been a leader in equipping students with the skills they need to succeed in the modern economy, serving more than 15 […]
MIL-OSI USA: Thompson, Sewell Introduce Solid American Hardwood Tax Credit Act
Source: United States House of Representatives – Congressman Glenn Thompson (5th District Pennsylvania) Bipartisan bill will level playing field for American-grown and manufactured hardwood products WASHINGTON, D.C. – U.S. Representatives Glenn “GT” Thompson (R-PA) and Terri Sewell (D-AL) introduced the Solid American Hardwood Tax Credit Act to allow individual taxpayers to include solid American manufactured hardwood products, […]
MIL-Evening Report: After an autocratic leader was toppled in Bangladesh, democratic renewal remains a work in progress
Source: The Conversation (Au and NZ) – By Intifar Chowdhury, Lecturer in Government, Flinders University Last July, a powerful student-led uprising in Bangladesh toppled the authoritarian, corrupt government led for 15 years by Prime Minister Sheikh Hasina. Bangladesh now shows modest signs of democratic recovery. Months into its tenure, a transitional government has reopened political […]
MIL-OSI Economics: AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN FORAN MINING CORPORATION
Source: Agnico Eagle Mines Stock Symbol: AEM (NYSE and TSX) TORONTO, May 14, 2025 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) announced today that it has agreed to subscribe for 30,000,000 voting common shares (“Common Shares”) of Foran Mining Corporation (“Foran”) in a non-brokered private placement at a price of C$3.00 […]
MIL-OSI USA: Cornyn, Senate Colleagues, Gonzales Introduce Bill to Combat Devastating Screwworm Outbreak
US Senate News: Source: United States Senator for Texas John Cornyn WASHINGTON – U.S. Senators John Cornyn (R-TX), Ted Cruz (R-TX), and Ben Ray Luján (D-NM) and Congressman Tony Gonzales (TX-23) today introduced the Strengthening Tactics to Obstruct the Population of Screwworms (STOP Screwworms) Act, which would authorize funds for and direct the U.S. Department […]
MIL-OSI USA: Bean Praises Committee Passage of Historic Tax Relief for Northeast Florida Families and Businesses
Source: United States House of Representatives – Representative Aaron Bean Florida (4th District) WASHINGTON—Today, U.S. Congressman Aaron Bean (FL-04) released the following statement upon the House Ways and Means Committee’s successful vote of reconciliation legislation that will provide tax relief for Northeast Florida families and businesses. “I have been fighting tirelessly for working families, […]
MIL-OSI United Kingdom: Competition watchdog gets green light for growth in latest move to back business
Source: United Kingdom – Executive Government & Departments 3 Press release Competition watchdog gets green light for growth in latest move to back business Businesses and consumers will benefit from new growth-focused Strategic Steer set for the Competition and Markets Authority (CMA), in the latest step of the government’s agenda to reform regulation to drive […]
MIL-OSI Economics: Africa Road Builders: Angolan President João Lourenco, winner of the Babacar Ndiaye Prize 2025
Source: African Development Bank Group Angolan President João Lourenço has won the 2025 “Africa Road Builders” prize –awarded to African leaders who have invested in infrastructure development. He follows Equatorial Guinea’s Téodoro Obiang Nguema Mbasogo and Congo Denis Sassou-Nguesso, who were joint winners in 2024. The selection committee for the Babacar Ndiaye Road Builder Super […]
MIL-OSI New Zealand: Planning underway for Hahei Beach Walk reroute
Source: Police investigating after shots fired at Hastings house Date: 15 May 2025 The track, which links Hahei to the Mautohe Cathedral Cove Track, has been closed since early 2023 due to landslide risks and land movement following severe weather events including Cyclone Gabrielle. “This track has been a priority for DOC since reopening walking access […]
MIL-OSI USA: DAS Office of Economic Analysis Presents the May Economic Outlook and Revenue Forecast
Source: US State of Oregon arl Riccadonna, state chief economist and Michael Kennedy, senior economist of the Department of Administrative Services (DAS) Office of Economic Analysis (OEA), presented the latest economic outlook and revenue forecast to the Senate Committee on Finance and Revenue. The quarterly revenue forecasts serve to open the revenue forecasting process to […]
MIL-OSI New Zealand: Launching the Auckland University of Technology Innovation Fund
Source: NZ Music Month takes to the streets Tēnā koutou katoa,Thank you for inviting me to join you today. Vice-Chancellor Damon Salesa, AUT Council Members, leadership, AUT Ventures staff and the start up community joining us here this morning – I appreciate your warm welcome. It’s a real pleasure to help launch the AUT Innovation Fund.This fund […]
MIL-OSI NGOs: May budget revise makes the case for California’s Climate Superfund Act even stronger
Source: Greenpeace Statement – SACRAMENTO, CA (May 14, 2025) –In response to the recently released May revise of the California state budget, which revealed a projected $12 billion deficit, Benjamin Smith, Greenpeace USA Senior Strategic Partnerships Advisor, said: “Today’s news of the huge budget deficit in the May revise shows that California is sinking deeper […]
MIL-OSI New Zealand: More jet fuel to be stored near Auckland Airport
Source: NZ Music Month takes to the streets Cabinet has approved regulations that will give fuel companies until 1 November 2026 to increase the jet fuel they hold at or near Auckland Airport to protect New Zealand against unexpected fuel supply disruptions, Associate Energy Minister Shane Jones says. “As an island nation far from the […]
MIL-OSI USA: At Spotlight Forum, Warren Slams Trump, McMahon’s Attacks on Public Education, Invites Americans to Share Stories for Meeting with McMahon
US Senate News: Source: United States Senator for Massachusetts – Elizabeth Warren May 14, 2025 Warren: “At a time when college costs are already too high—when the American Dream is out of reach for too many—President Trump and Congressional Republicans are making it harder for working-class families to get ahead.” Forum Livestream Washington, D.C. – U.S. […]
MIL-OSI Canada: Premier leading Asia trade mission to promote B.C. investment, support good jobs
Source: Government of Canada regional news Premier David Eby is leading a trade mission to Asia with business leaders and key government officials to strengthen partnerships, increase investment, diversify trade and create good jobs for British Columbians. “Our largest trading partner has become increasingly unreliable, so now is the time to expand international markets for B.C. […]
MIL-OSI USA: Treasury Secretary Bessent Defends Tax Breaks for those who Invest in China
Source: United States House of Representatives – Congressman Brad Sherman (D-CA) WASHINGTON, D.C. – Our tax system allows for lower tax rates for capital gains on stocks to incentivize Americans to make investments that grow our economy. Yet, Americans who invest in companies abroad and build the economies of other nations – even in adversarial […]
MIL-Evening Report: Economic pessimism is behind the drift of voters to minor parties and independents
Source: The Conversation (Au and NZ) – By Viet Nguyen, Principal Research Fellow, Macroeconomics Research Program, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne Growing economic pessimism appears to have pushed many voters away from Australia’s two major parties, Labor and the Coalition. Support for minor parties and independents has doubled […]
MIL-OSI Economics: ACP Statement on House Ways and Means Committee Advancing Tax Bill
Source: American Clean Power Association (ACP) Headline: ACP Statement on House Ways and Means Committee Advancing Tax Bill WASHINGTON D.C., May 14, 2025 — The American Clean Power Association (ACP) issued the following statement from ACP CEO Jason Grumet after the House Ways and Means Committee advanced the tax portion of the budget reconciliation bill: “When […]
MIL-OSI Economics: Trade and Gender Group discusses new work programme, potential MC14 outcomes
Source: WTO Headline: Trade and Gender Group discusses new work programme, potential MC14 outcomes The co-Chairs of the Informal Working Group (IWG), Ambassador Clara Delgado of Cabo Verde, Ambassador Patricia Benedetti of El Salvador and Ambassador Simon Manley of the United Kingdom, reported on the consultations held with members to shape the Group’s priorities ahead […]