Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for May 19, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 19, 2025.

MIL-OSI United Kingdom: Government to set new ten-year budgets for R&D funding
Source: United Kingdom – Executive Government & Departments Press release Government to set new ten-year budgets for R&D funding New criteria to give certainty to world-class research organisations, helping to attract greater private investment and grow the UK economy. New plans unveiled to support long-term, ten-year funding for certain R&D activities Change will provide long-term […]

MIL-OSI USA: California invests $1.7 billion to improve safety, resiliency of highways – including millions for highways damaged by LA fires
Source: US State of California 2 May 16, 2025 What you need to know: The state is investing almost $1.7 billion for improvements to California’s highway system, including $86.5 million for improvements to infrastructure damaged during the Los Angeles firestorms earlier this year. SACRAMENTO – Governor Gavin Newsom today announced that the California Transportation Commission […]

MIL-OSI Australia: It’s a national treasure, but 13% of Australians surveyed can’t tell you where the Great Barrier Reef is located
Source: 19 May 2025 The giant sea turtle was one of the few GBR species that participants could identify. New research shows that Australians care deeply about the Great Barrier Reef (GBR) – one of the Seven Natural Wonders of the World – but 13% can’t tell you where it is located. A social media […]

MIL-Evening Report: Wine is still Australia’s most popular alcoholic drink – but many producers face an uncertain future
Source: The Conversation (Au and NZ) – By Paul Chad, Honorary Fellow, Faculty of Business and Law, School of Business, University of Wollongong kwest/Shutterstock Australia has become world-famous for its wine, but the industry faces an uncertain future. Too many grapes grown amid falling consumer demand, an oversupply of budget wine, and an undersupply of […]

MIL-OSI: Monexis Unveils Next-Generation Trading Platform, Pairing Tailored Strategies with Global Market Access
Source: GlobeNewswire (MIL-OSI) NEW YORK, May 18, 2025 (GLOBE NEWSWIRE) — Monexis today announced the official launch of its revamped multi-asset trading platform, reinforcing the company’s commitment to delivering bespoke strategies, real-time analytics, and round-the-clock support to traders on every continent. Built around the principle that “one strategy never fits all,” Monexis empowers clients to […]

MIL-Evening Report: NZ Budget 2025: economic forecasting is notoriously difficult, but global uncertainty is making it harder
Source: The Conversation (Au and NZ) – By Michael Ryan, Lecturer in Economics, University of Waikato Javier Ghersi/Getty Images This year’s budget will be one of the tightest in a decade, with the New Zealand government halving its operating allowance – the new money it has available to spend – from NZ$2.4 billion to $1.3 […]

MIL-OSI Canada: Prime Minister Carney meets with leaders on the margins of the inaugural Mass of His Holiness Pope Leo XIV
Source: Government of Canada – Prime Minister Today, the Prime Minister, Mark Carney, spoke with the prime ministers of Australia, Bulgaria, Latvia, Luxembourg, the Netherlands, and Croatia, as well as the presidents of Israel, Ireland, Paraguay, and Nigeria, on the margins of the inaugural Mass of His Holiness Pope Leo XIV. The Prime Minister underscored his […]

MIL-OSI: POPEcoin Raises $1.5 Million in Ten Days with No VCs, No Taxes, and No Apologies
Source: GlobeNewswire (MIL-OSI) ROME, May 18, 2025 (GLOBE NEWSWIRE) — In an economy where memecoins often rise and fall within the same week, POPEcoin ($POPE) has managed to carve out a real foothold—raising $1.5 million in just ten days, without venture capital, early access allocations, or flashy partnerships. The entire presale has been structured for […]

MIL-OSI Economics: CNB Scores as an Employer: Second Place in Prestigious 2025 Ranking for Prague
Source: Czech National Bank The Czech National Bank is celebrating a major success in the area of employee care. In this year’s Pluxee Employer of the Region – Capital City Prague ranking, CNB placed second in the category for organizations with up to 5,000 employees. The result confirms that the CNB is among the top […]

MIL-OSI Economics: Czechs Now Trust the Central Bank the Most
Source: Czech National Bank According to the latest survey by the STEM agency, nearly three-quarters of the population (73%) trust the Czech National Bank. This places the central bank at the top of the public institutions trust ranking. It is also one of the highest levels of trust ever recorded by STEM in its long-term […]

MIL-OSI Russia: Feature: Croatia’s tourism sector suffers from US tariffs
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 ZADAR, Croatia, May 18 (Xinhua) — The impact of new tariffs imposed by the Donald Trump administration since early April is already being felt in Croatia’s tourism […]

MIL-OSI: Best Credit Repair & Score Boost 2025: The Credit People Review For Fast Credit Fix & Financial Improvement
Source: GlobeNewswire (MIL-OSI) Salt Lake City, Utah, May 18, 2025 (GLOBE NEWSWIRE) — Introduction: Credit Score Woes in 2025 & The Rise of Credit Repair In today’s economic landscape, your credit score is more than just a number—it’s a financial passport. Whether you’re applying for a home loan, refinancing your car, or qualifying for a […]

MIL-OSI Asia-Pac: Speech by FS at Family Education and Legacy Forum 2025 (English only)
Source: Hong Kong Government special administrative region Following is the speech by the Financial Secretary, Mr Paul Chan, at Family Education and Legacy Forum 2025 today (May 17): Yanice (Chair of the Family Education and Legacy Forum 2025, Ms Yanice Mak), Enoch (Vice President of the United Nations Educational, Scientific and Cultural Organization Hong Kong […]

MIL-Evening Report: Why the wall of silence on the Gaza genocide is finally starting to crack
Report by Dr David Robie – Café Pacific. – As Israel unveils its final genocide push, and mass death from starvation looms in Gaza, Western media and politicians are tentatively starting to speak up ANALYSIS: By Jonathan Cook Who could have imagined 19 months ago that it would take more than a year and a […]

MIL-OSI China: UK economy beats expectations in Q1, but challenges loom ahead
Source: People’s Republic of China – State Council News People prepare to leave after watching the military procession held in London, Britain, on May 5, 2025.  (Xinhua/Li Ying) The UK economy in the first quarter of 2025 has exceeded market expectations with GDP rising by 0.7 percent quarter on quarter, showed data from the Office […]

MIL-OSI China: Belt and Road Initiative builds connectivity, shared future
Source: People’s Republic of China – State Council News HANGZHOU, May 17 — Inside an exhibition hall at the Ningbo-Zhoushan Port, the world’s busiest port by cargo throughput, a giant screen pulses with real-time port operations data. A group of visitors could recently be seen watching intently as a digital platform mapped out how smart […]

MIL-OSI Economics: Burkina Faso’s seeds of resilience: Nourishing a nation
Source: African Development Bank Group At Konioudou Primary School in Bazèga province, Françoise Koanda watches 506 kids (274 girls and 232 boys) dig into bowls of babenda, a mix of leafy greens and peanut powder. She’s been the school’s headmistress since 2020, fighting hunger that dulled young minds. MIL OSI Economics –

MIL-OSI Economics: Egypt’s President El-Sisi Commends the African Development Bank for Transformative impact, Reinforces Strategic Partnerships
Source: African Development Bank Group Egyptian President Abdel-Fattah El-Sisi praised African Development Bank Group’s President Dr Akinwumi Adesina for his visionary leadership during an official meeting held in Cairo on 11 May, highlighting the Bank’s pivotal role in advancing critical investments across Africa over the past decade. MIL OSI Economics –

MIL-OSI Economics: Togo: Solar energy shines light on delivery rooms
Source: African Development Bank Group As night falls on the Batonou Health Centre on the Mono River, which forms the international boundary between Togo and Benin, Victorine Ablavi, nurse, midwife and head of the peripheral care unit, is busy at her examination table. Just a few years ago, she would have been forced to go […]