Business: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 22, 2025.
MIL-OSI USA: Murray Grills Secretary Wright on Illegal Funding Freeze, Mass Firings, Devastating Proposed Funding Cuts
US Senate News: Source: United States Senator for Washington State Patty Murray Murray highlights how DOE’s actions and proposals undermined American innovation and will raise energy costs for American families ***WATCH AND READ: Senator Murray’s opening remarks*** ***WATCH: Senator Murray questioning Secretary Wright*** ***WATCH: Senator Murray’s closing remarks*** Washington, D.C. — Today, at a Senate Appropriations […]
MIL-OSI USA: Senator Murray Presses Trump’s Small Business Administrator on Canceled Grants, Immense Costs of Trump’s Trade War for Small Businesses
US Senate News: Source: United States Senator for Washington State Patty Murray ***WATCH: Senator Murray’s Q&A with SBA Administrator Loeffler*** Washington, D.C. — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, questioned Small Business Administration (SBA) Administrator Kelly Loeffler at a Senate Appropriations Financial Services and General Government (FSSG) Subcommittee hearing […]
MIL-OSI USA: Murray Slams Secretary Burgum’s Plans to Fire National Park Staff, Sell Off Public Lands, & Slash Funding for Tribes
US Senate News: Source: United States Senator for Washington State Patty Murray Murray: “Our public lands are not for sale. Protecting our wilderness, living up to our tribal obligations, keeping our communities safe—it’s just not negotiable. It’s actually a core reason your Department does exist—and these have been places with strong, bipartisan support.” NEW REPORT: […]
MIL-OSI New Zealand: Micro-credentials funding and fees
Source: Funding for micro-credentialsWe want to invest in micro-credentials that meet the needs of industries and communities, and support government priorities delivered by highly capable TEOs. To be funded, micro-credentials need to have a clearly established industry or community need, be tightly focused on a set of skills and have stand-alone value.Not all quality-assured micro-credentials […]
MIL-OSI China: Key trade expo to open in central China to boost China-Africa ties
Source: People’s Republic of China – State Council News BEIJING, May 21 — The fourth China-Africa Economic and Trade Expo is set to take place in Changsha, the capital of central China’s Hunan Province, from June 12 to 15, with more than 12,000 participants expected to attend, organizers said at a press conference on Wednesday. […]
MIL-OSI Canada: Minister’s statement on Gorman Group’s mill purchase
Ravi Parmar, Minister of Forests, has released the following statement in response to Gorman Group’s purchase of Weyerhaeuser’s operations in Princeton: “I welcome Gorman Group’s purchase of Weyerhaeuser’s operations in Princeton. Locally, family-owned-and-operated forest companies are the lifeblood of the forest industry and a cornerstone of our economy. For too long, most major milling operations […]
MIL-OSI USA: Klobuchar Opening Remarks and Questions at Antitrust Subcommittee Hearing on AI-Generated Deepfakes
US Senate News: Source: United States Senator for Minnesota Amy Klobuchar WATCH KLOBUCHAR’S FULL REMARKS AND QUESTION HERE WASHINGTON – U.S. Senator Amy Klobuchar (D-MN), Ranking Member of the Senate Judiciary Subcommittee on Privacy, Technology, and the Law, held a hearing titled “The Good, the Bad, and the Ugly: AI-Generated Deepfakes in 2025.” Testifying at […]
MIL-OSI Australia: IAG’s proposed acquisition of RACQ Insurance not opposed
Source: Australian Ministers for Regional Development The ACCC will not oppose Insurance Australia Group Limited’s (ASX: IAG) proposed acquisition of RACQ Insurance Limited (RACQI). IAG and RACQI supply general insurance products, including home and contents insurance and motor insurance. They predominantly overlap in the supply of insurance products in Queensland. The ACCC’s review considered the […]
MIL-OSI United Kingdom: Investing in community regeneration
Source: Scottish Government Projects to unlock economic growth and tackle poverty. Projects across Scotland will benefit from Scottish Government investment to help regenerate communities and drive economic growth. More than £21.5 million from two Scottish Government funds will bring 24 disused or derelict sites and buildings into use, creating more than 160 jobs and support […]
MIL-OSI USA: As Crucial House Vote Looms, Rural Hospital CEOs Make Final Plea to House GOP: Avoid Medicaid Cuts That Will Cost Lives and Burden Local Communities
US Senate News: Source: United States Senator for Washington Maria Cantwell 05.21.25 As Crucial House Vote Looms, Rural Hospital CEOs Make Final Plea to House GOP: Avoid Medicaid Cuts That Will Cost Lives and Burden Local Communities NEW: 23 Republican WA state legislators join letter to full WA federal delegation, urging them to protect Medicaid […]
MIL-Evening Report: NZ Budget 2025: tax cuts and reduced revenues mean the government is banking on business growth
Source: The Conversation (Au and NZ) – By Adrian Sawyer, Professor of Taxation, University of Canterbury Hagen Hopkins/Getty Images Not a lot is known about the government’s plans for taxes in the 2025 budget. Few tax policies have been announced so far, and what has been revealed involves targeted tax cuts for business interests. This […]
MIL-OSI: Trading 212 Surpasses A$50 Billion in Client Assets and 4.5 Million Clients, Cementing Position as the UK’s Fastest-Growing Saving and Investment Platform
Source: GlobeNewswire (MIL-OSI) LONDON, May 22, 2025 (GLOBE NEWSWIRE) — Trading 212 has officially reached a major milestone with over A$50 billion in client assets under administration and a thriving community of 4.5 million clients globally, making it the fastest-growing savings and investment platform in the UK. By pioneering zero-commission and fractional share investing across […]
MIL-OSI: LexinFintech Holdings Ltd. Reports First Quarter 2025 Unaudited Financial Results
Source: GlobeNewswire (MIL-OSI) SHENZHEN, China, May 21, 2025 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2025. Mr. Jay Wenjie Xiao, Chairman and Chief Executive Officer of Lexin, commented, “The […]
MIL-OSI: ReconAfrica Announces the Appointment of Mark Friesen as Managing Director, Investor Relations and Capital Markets, an Update on the Transaction with NAMCOR and Proposed Warrant Extension
Source: GlobeNewswire (MIL-OSI) CALGARY, Alberta, May 21, 2025 (GLOBE NEWSWIRE) — Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an update to its investor relations contact, an update on the transaction with Namcor Exploration and Production (Pty) (“NAMCOR”) announced in the Company’s news release dated September […]
MIL-OSI Security: Chief Executive Officer of Digital Asset Company Found Guilty in Multi-Million Dollar Crypto-Fraud Scheme
Source: Office of United States Attorneys Defendant Misappropriated Millions of Dollars of Investors’ Funds for His Own Use Including to Purchase Real Estate and Luxury Vehicles Earlier today, at the federal courthouse in Brooklyn, a federal jury convicted Braden John Karony on all counts of a three-count indictment charging him with conspiracy to commit securities […]
MIL-OSI Security: Former Defense Contractor Pleads Guilty to Tax Crimes
Source: Office of United States Attorneys Defendant Admits to Concealing 50% Ownership of $7B Defense Contracting Business to Evade Taxes WASHINGTON – Douglas Edelman, 73, a former defense contractor, pleaded guilty today to tax crimes related to a scheme to defraud the United States and evade taxes on income he […]
MIL-OSI Security: Three time convicted federal felon sentenced for wire fraud
Source: Office of United States Attorneys BUFFALO, N.Y. – U.S. Attorney Michael DiGiacomo announced today that Steven D. Blumhagen, 74, of Buffalo, NY, who was convicted of wire fraud, was sentenced to serve five years in prison by U.S. District Judge John L. Sinatra, Jr. Assistant U.S. Attorney Paul E. Bonanno, who handled the case, […]
MIL-OSI: CORRECTION — LiveRamp Announces Fourth Quarter and Fiscal Year 2025 Results
Source: GlobeNewswire (MIL-OSI) SAN FRANCISCO, May 21, 2025 (GLOBE NEWSWIRE) — In a release issued earlier today under the same headline by LiveRamp (NYSE: RAMP), please note the GAAP operating income and Non-GAAP operating income for the first quarter of fiscal 2026 and fiscal 2026 were stated incorrectly. The corrected release follows: Q4 Revenue up 10% […]
MIL-OSI USA: Congressman Danny K. Davis Applauds Reintroduction of Second Chance Reauthorization Act of 2025
Source: United States House of Representatives – Congressman Danny K Davis (7th District of Illinois) Legislation Continues a Legacy of Justice Reform and Community Investment Originating from Davis’ Landmark 2008 Law Legislation Continues a Legacy of Justice Reform and Community Investment Originating from Davis’ Landmark 2008 Law Washington, DC — Today, Congressman Danny […]
MIL-OSI Submissions: Tech – Europe’s Largest Inaugural Tech and Startup Event Opens in Berlin as the Continent Spurs Momentum for Open Innovation and AI Leadership
Source: GITEX EUROPE x Ai Everything 2025 EconomyEntrepreneurs / Start-UpTech / DigitalInnovation – Ministers and senior tech stakeholders from the European Union, Germany and the UAE inaugurate the momentous first edition of GITEX EUROPE x Ai Everything. Berlin, Germany – 21 May 2025: Berlin became the focal point of Europe’s tech momentum and global digital cooperation […]