Business: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 11, 2025.
MIL-OSI China: China’s refined tax refund policy fuels inbound consumption
Source: People’s Republic of China – State Council News China saw a vibrant surge in inbound consumption following the rollout of its refined tax-refund-upon-departure policy, with notable increases in both the number of tax refund stores and the total amount refunded. Between April 27 and May 26, the number of departure tax refund transactions processed […]
MIL-Evening Report: NZ and Gaza – Peters appearing to do something, when doing nothing
COMMENTARY: By Steven Cowan, editor of Against The Current The New Zealand Foreign Minster’s decision to issue a travel ban against two Israeli far-right politicians is little more than a tokenistic gesture in opposing Israel’s actions. It is an attempt to appease growing opposition to Israel’s war, but the fact that Israel has killed more […]
MIL-Evening Report: US criticises allies as NZ bans two top far-right Israeli ministers
RNZ News The United States has denounced sanctions by Britain and allies — including New Zealand and Australia — against Israeli far-right ministers, saying they should focus instead on the Palestinian armed group Hamas. New Zealand has banned two Israeli politicians from travelling to the country because of comments about the war in Gaza that […]
MIL-OSI USA: MANHEIM – Shapiro Administration to Announce Investment to Increase Agricultural Product Sales and Exports
Source: US State of Pennsylvania June 11, 2026 – Manheim, PA ADVISORY – MANHEIM – Shapiro Administration to Announce Investment to Increase Agricultural Product Sales and Exports Agriculture Secretary Russell Redding will tour sixth-generation Waltz Estate Winery and Family Farm to announce another Shapiro Administration investment to support the growth and success of family businesses […]
World Bank pegs India’s growth at 6.3 pc for FY26, country remains fastest growing economy
Source: Government of India Source: Government of India (4) The World Bank on Tuesday kept India’s economic growth projection at 6.3 per cent for FY 2025-26, as the country remains the fastest growing economy globally. “In the next two fiscal years, starting in FY2026/27, growth is expected to recover to 6.6 per cent a year, […]
MIL-OSI USA: Court Appointments Announced
Source: US State of New York overnor Kathy Hochul today announced 17 appointments to the New York State Court of Claims, 5 appointments to the Supreme Court and 2 appointments to Family Court. “Our judicial system works best when we have talented, qualified jurists on the bench,” Governor Hochul said. “These 24 individuals have the […]
MIL-OSI USA: Crapo Leads Legislation to Protect Idahoans from Payment Scams
US Senate News: Source: United States Senator for Idaho Mike Crapo Washington, D.C.–Citing more than $63 million in reported losses in Idaho to payment scams in 2024, U.S. Senator Mike Crapo (R-Idaho) and U.S. Senator Mark Warner (D-Virginia) introduced the bipartisan Task Force for Recognizing and Averting Payments Scams (TRAPS) Act, which would create a […]
MIL-OSI USA: WTAS: Small Businesses Support Ernst’s Work to Fuel Innovation
US Senate News: Source: United States Senator Joni Ernst (R-IA) WASHINGTON – As part of her River to River tour across Iowa, U.S. Senate Committee on Small Business and Entrepreneurship Chair Joni Ernst (R-Iowa) met with small businesses in Iowa City to discuss how her INNOVATE Act will help usher in a Golden Age in […]
MIL-OSI Russia: The Caribbean Challenge: Fostering Growth and Resilience Amidst Global Uncertainty
Source: IMF – News in Russian June 10, 2025 As prepared for delivery Introduction and Road Map Good evening, everyone. It is a great pleasure to join you here in Brasilia for the 55th Annual Meeting of the Caribbean Development Bank (CDB or the Bank). Thank you Valerie for your very kind introduction. I also […]
MIL-OSI Economics: Trump’s move to transform US pharma manufacturing raises doubts over its effectiveness, says GlobalData
Source: GlobalData Trump’s move to transform US pharma manufacturing raises doubts over its effectiveness, says GlobalData Posted in Pharma In a bold move to reshape the landscape of pharmaceutical manufacturing in the US, President Donald Trump has signed an executive order on May 5 aimed at streamlining regulatory hurdles for domestic producers while tightening the […]
MIL-OSI USA: Durbin Meets With Greater Springfield Chamber of Commerce
US Senate News: Source: United States Senator for Illinois Dick Durbin June 10, 2025 WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) today hosted members of the Greater Springfield Chamber of Commerce in his Washington office to discuss economic development and infrastructure investment in Central Illinois. During the meeting, Durbin and the local leaders […]
MIL-OSI USA: Senator Markey to File Amendment to Strip Republican Proposal to Ban AI Regulation by States from Reconciliation Package
US Senate News: Source: United States Senator for Massachusetts Ed Markey Washington (June 10, 2025) – Senator Edward J. Markey (D-Mass.), a member of the Commerce, Science, and Transportation Committee, today announced plans to file an amendment to the Senate reconciliation bill to block Republicans’ attempt to prevent states from regulating artificial intelligence (AI) for […]
MIL-OSI USA: Tuberville Calls for Clearer Crypto Regulations Following Discussion with the Honorable Brian Quintenz
US Senate News: Source: United States Senator for Alabama Tommy Tuberville WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) spoke with President Trump’s nominee to be Chairman of the Commodity Futures Trading Commission (CFTC), Brian Quintenz. They discussed how both the U.S. Securities and Exchange Commission (SEC) and the CFTC share enforcement responsibilities but lack clear jurisdictional boundaries, which has created confusion […]
MIL-OSI: Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders
Source: GlobeNewswire (MIL-OSI) BROOKFIELD, NEWS, June 10, 2025 (GLOBE NEWSWIRE) — Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all ten nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares […]
MIL-OSI: Grupo Financiero Galicia S.A. Announces Commencement of Secondary Offering of American Depositary Shares by HSBC Bank plc
Source: GlobeNewswire (MIL-OSI) BUENOS AIRES, June 10, 2025 (GLOBE NEWSWIRE) — Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL, the “Company”), one of Argentina’s largest financial services groups, announced today the launch of an underwritten secondary offering (the “Offering”) by HSBC Bank plc (the “Selling Shareholder”) of 11,721,449 American […]
MIL-OSI: Canoe Financial announces changes to its mutual fund lineup
Source: GlobeNewswire (MIL-OSI) CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) — Canoe Financial LP (“Canoe Financial”) today announced changes to two of its investment funds. Fund name changes Effective June 20 2025, the following name changes will take effect: Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced Fund Canoe Canadian Small […]
MIL-OSI: byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination
Source: GlobeNewswire (MIL-OSI) New York, NY, June 10, 2025 (GLOBE NEWSWIRE) — byNordic Acquisition Corporation (“BYNO” or the “Company”), a special purpose acquisition company, announced today that the Company has timely deposited into the Company’s trust account (the “Trust Account”), an aggregate of $40,312, in order to extend the period of time the Company has […]
MIL-OSI: Globalink Investment Inc. Announces Charter and Trust Agreement Amendments
Source: GlobeNewswire (MIL-OSI) New York, NY, June 10, 2025 (GLOBE NEWSWIRE) — Globalink Investment Inc. (OTC Pink: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that its stockholders approved amendments to its charter and trust agreement to extend the deadline to complete its initial business combination and change […]
MIL-OSI: CEA Industries to Participate at the Sidoti Conference on June 12, 2025
Source: GlobeNewswire (MIL-OSI) Louisville, Colorado, June 10, 2025 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced its participation at the upcoming Sidoti Conference being held virtually June 11-12, 2025. CEA Industries will hold 1×1 investor meetings throughout the day on Thursday, June 12, 2025, and present virtually […]
MIL-OSI: Vimeo Elects Adam Cahan, Lydia Jett, and Kirsten Kliphouse to Board of Directors
Source: GlobeNewswire (MIL-OSI) NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Vimeo, Inc. (NASDAQ: VMEO), one of the largest and most trusted private video networks in the world, today announced the election of Adam Cahan, Lydia Jett, and Kirsten Kliphouse to its Board of Directors. The new Board members were elected during the company’s Annual […]