Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 4, 2025.
MIL-OSI Canada: Adam Scott to the Canadian Telecom Summit
Source: Government of Canada News Toronto, OntarioJune 3, 2025 Adam Scott, Vice-Chairperson, TelecommunicationsCanadian Radio-television and Telecommunications Commission (CRTC) Check against delivery Thank you for the invitation to speak today and for that warm welcome. Before I begin, I would like to acknowledge that we are on the traditional territory of many nations, including the Mississaugas […]
MIL-OSI New Zealand: Release: Reserve Bank predicts more job losses
Source: New Zealand Labour Party The Reserve Bank’s Monetary Policy Statement predicts a sluggish economy with higher inflation and more job losses. “Just days after Nicola Willis slashed women’s pay in order to deliver her so-called ‘Growth Budget’, growth is now predicted to slow,” Labour finance and economy spokesperson Barbara Edmonds said. “The Reserve Bank […]
MIL-OSI China: Dragon boat races spark rise in tourism spending during ancient Chinese festival
Source: People’s Republic of China – State Council News Villagers compete during a dragon boat race at Xixi National Wetland Park in Hangzhou, east China’s Zhejiang Province, on May 31, 2025. [Photo/Xinhua] In the watery maze of Diejiao Village in Foshan, south China’s Guangdong Province, dragon boat teams race through S-curves, L-bends and tight C-turns […]
MIL-OSI United Kingdom: Kickstarting economic transformation
Source: Scottish Government £24 million to realise Kishorn Port potential. A multi-million pound investment is being made in one of Scotland’s most strategically important ports. Highlands and Islands Enterprise (HIE) will invest up to £24 million at Kishorn Port in the west Highlands to enhance its capacity and capabilities, with an expanded dry dock and land […]
MIL-OSI Global: Ukraine’s drone attacks on Russian airfields could derail Russia’s war efforts
Source: The Conversation – Canada – By James Horncastle, Assistant Professor and Edward and Emily McWhinney Professor in International Relations, Simon Fraser University The drone attacks by Ukrainian Operation Spider’s Web forces on Russian airfields have called into question Russia’s supposed military strength. Russian authorities have acknowledged damage from the June 1 attacks — an […]
MIL-OSI United Kingdom: Tenfold increase in UK drone deliveries for Ukraine at 50-nation Ukraine summit
Source: United Kingdom – Executive Government & Departments Press release Tenfold increase in UK drone deliveries for Ukraine at 50-nation Ukraine summit The UK is investing a record £350m this year to increase the supply of drones to Ukraine from a target of 10,000 in 2024 to 100,000 in 2025 The UK is ramping up […]
MIL-OSI USA: Reed Smacks Down Trump’s Efforts to Cut Education Funding by Over 15 Percent
US Senate News: Source: United States Senator for Rhode Island Jack Reed WATCH: During key Appropriations Subcommittee hearing, Sen. Reed takes on Trump’s Education Secretary Linda McMahon, bluntly stating: “You are shrinking educational opportunity in the United States for a whole generation and also shrinking our ability to compete internationally and globally.” WASHINGTON, DC – […]
MIL-OSI New Zealand: Construction Sector – Construction cost growth flatlines as industry slowdown persists
Source: Quotable Value The latest figures from QV CostBuilder show construction costs overall have barely risen in the second quarter of 2025, amidst an ongoing downturn for the industry. The average cost of building a standard one- or two-storey 150/230m² home in Auckland, Wellington, Christchurch, Hamilton, Dunedin or Palmerston North has rose just 0.1% in the […]
MIL-OSI New Zealand: Banking – ASB Business Survey: The impact of Trump’s tariffs, according to Kiwi businesses
Source: ASB Research released today by ASB, supported by Talbot Mills Research, shows Kiwi businesses see US tariffs as more impactful than Covid-19 or the Global Financial Crisis. More than 300 business leaders, including CEOs and founders, contributed to the study, giving their insights on President Trump’s recently announced trade policies. Two-thirds (67%) of […]
MIL-OSI Russia: Financial News: Meeting of Finance Ministers and Heads of Central Banks of SCO Countries Held
Translation. Region: Russian Federal Source: Central Bank of Russia – A meeting of finance ministers and heads of central banks of the Shanghai Cooperation Organization (SCO) countries was held in Beijing. The Bank of Russia was represented by Gulnara Khaidarshina, Director of the Department for Cooperation with International Organizations. The parties exchanged views on the […]
MIL-OSI USA News: Fact Sheet: President Donald J. Trump Increases Section 232 Tariffs on Steel and Aluminum
Source: US Whitehouse COUNTERING TRADE PRACTICES THAT UNDERMINE NATIONAL SECURITY: Today, President Donald J. Trump signed a Proclamation to increase the tariff to 50% on steel and aluminum. President Trump is taking action to protect America’s critical steel and aluminum industries, which have been harmed by unfair trade practices and global excess capacity. President Trump […]
MIL-OSI USA: Welch’s Whole Milk for Healthy Kids Act Advances in the Agriculture Committee
US Senate News: Source: United States Senator Peter Welch (D-Vermont) WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.), Ranking Member of the Senate Agriculture Subcommittee on Rural Development, Energy, and Credit, today celebrated the advancement of his bipartisan, bicameral Whole Milk for Healthy Kids Act, legislation to support America’s students and dairy farmers. This bipartisan […]
MIL-OSI Global: Chagos islands: how Mauritius can turn a diplomatic triumph into real economic growth
Source: The Conversation – Global Perspectives – By Dev K (Roshan) Boojihawon, Associate professor of Strategy and International Business, University of Birmingham The decades-long Chagos islands dispute has finally entered a new chapter. The UK officially agreed to return the sovereignty of the archipelago to Mauritius. The Indian Ocean islands are strategically situated near key […]
Heinrich, Luján Statement on President Trump’s 2026 Budget
US Senate News: Source: United States Senator for New Mexico Martin Heinrich Heinrich and Luján: “Trump’s budget is an attack on New Mexicans” WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), a member of the Senate Appropriations Committee, and U.S. Senator Ben Ray Luján (D-N.M.), a member of the Senate Committee on Finance, released the following […]
MIL-Evening Report: In the trade wars, there are lessons for the US from Brexit. Australia and our trading partners should take note
Source: The Conversation (Au and NZ) – By Peter Draper, Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, University of Adelaide General_4530/Getty While the Trump administration’s on-again, off-again trade wars wreak havoc on the business plans of the world’s exporters, the risks to the […]
MIL-OSI NGOs: Greenpeace USA’s “Dirty Dems” called out in Capitol Rotunda
Source: Greenpeace Statement – SACRAMENTO, CA (June 3, 2025)—Today, as legislators are in session moving bills toward key legislative deadlines, Greenpeace USA activists deployed banners in the Capitol Rotunda naming nine Democrats who take large sums of money from the oil and gas industry and receive failing grades on progressive issues. Activists also took to […]
MIL-OSI: Nasdaq Reports May 2025 Volumes
Source: GlobeNewswire (MIL-OSI) NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for May 2025 on its Investor Relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, […]
MIL-OSI: Gevo Promotes Lindsay Fitzgerald to Chief Advocacy and Communications Officer
Source: GlobeNewswire (MIL-OSI) ENGLEWOOD, Colo., June 03, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today the promotion of Lindsay Fitzgerald to Chief Advocacy and Communications Officer, effective immediately. In this expanded leadership role, Ms. Fitzgerald will focus on advancing Gevo’s mission to strengthen American energy and food security by unlocking the full value […]
MIL-OSI Europe: Answer to a written question – Is the 2040 intermediate climate target of reducing greenhouse gas emissions by 90 % legally and economically feasible? – E-001551/2025(ASW)
Source: European Parliament EU climate policies have been highly effective, with EU net territorial emissions meeting the 2020 target already in 2019 ahead of 2020 and being 37% below 1990 levels in 2023[1]. Consumption-based emissions can be beyond the EU legislator’s jurisdiction. Still, this footprint as estimated by the Directorate-General for Statistics (ESTAT) declined by 14% […]
MIL-OSI Economics: Celebrating Pride in every LGBTQIA+ story
Source: Microsoft Headline: Celebrating Pride in every LGBTQIA+ story Animated Story Nurturing Inner Peace When Ethan started at Microsoft, he prioritized money over his wellbeing. Twelve years later, the senior customer success manager and ERG storytelling host knows that the only way to truly take care of others is to first take care of yourself. Discover his story of gratitude […]