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

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

MIL-OSI USA: Baldwin, Marshall Introduce Bill to Lower Costs and Improve Reliability of Freight Rail Service for American Businesses
US Senate News: Source: United States Senator for Wisconsin Tammy Baldwin WASHINGTON, D.C. – Today, U.S. Senators Tammy Baldwin (D-WI) and Roger Marshall (R-KS) reintroduced the Reliable Rail Service Act to help address the unreliable service and high costs of rail shipping for Wisconsin farmers and manufacturers. The legislation would strengthen our rail supply chain […]

MIL-OSI New Zealand: Economic surprise great news for Kiwis
Source: New Zealand Government Today’s surprise economic result is great news for workers, families and businesses, Finance Minister Nicola Willis said today.“Stats NZ reported today that the economy grew 0.8 per cent in the first three months of the year, twice the rate forecast by the Treasury and the Reserve Bank a short time ago. “This […]

MIL-OSI New Zealand: Economic growth still in the hole dug in 2024
Source: NZCTU Data released by Stats NZ today shows that the economy grew on a quarterly basis by 0.8% but fell on an annual basis by 1.1% said NZCTU Te Kauae Kaimahi Economist Craig Renney. “This is positive data for the first quarter of this year, but the fact that the economy is about the […]

MIL-OSI New Zealand: Economic growth still in the hole dug in 2024 – CTU Economist
Source: NZCTU Te Kauae Kaimahi Data released by Stats NZ today shows that the economy grew on a quarterly basis by 0.8% but fell on an annual basis by 1.1% said NZCTU Te Kauae Kaimahi Economist Craig Renney. “This is positive data for the first quarter of this year, but the fact that the economy […]

MIL-OSI United Kingdom: expert reaction to final draft guidance on donanemab and lecanemab
Source: United Kingdom – Executive Government & Departments June 19, 2025 Scientists comment on final NICE draft guidance on the use of donanemab and lecanemab for Alzheimer’s disease.  Prof Charles Marshall, Professor of Clinical Neurology, Queen Mary University of London, said: “This will be very disappointing news to people living with Alzheimer’s disease. However, the […]

MIL-OSI USA: SCHUMER, GILLIBRAND ANNOUNCE $12+ MILLION IN FEDERAL FUNDING FOR PROJECTS ACROSS UPSTATE NEW YORK THROUGH THE NORTHERN BORDER REGIONAL COMMISSION
US Senate News: Source: United States Senator for New York Charles E Schumer Communities From North Country, Finger Lakes, CNY, Capital Region Win Funding For Critical Community Projects Such As Upgrading Wastewater Infrastructure, Expanding Access To Healthcare & More  Schumer, Gillibrand: Fed $$ Is Flowing To Improve Upstate NY Infrastructure, Expand Healthcare & Create Jobs! […]

MIL-OSI China: China’s vision for deeper financial opening-up highlighted at Shanghai Lujiazui Forum
Source: People’s Republic of China – State Council News China’s vision for deeper financial opening-up highlighted at Shanghai Lujiazui Forum SHANGHAI, June 18 — Multiple government officials have delivered speeches at the annual Lujiazui Forum being held in east China’s Shanghai, pledging efforts to promote high-standard financial opening-up despite mounting global geopolitical uncertainty. Among the […]

MIL-OSI China: China’s vice premier urges efforts to promote high-quality development of foreign trade
Source: People’s Republic of China – State Council News China’s vice premier urges efforts to promote high-quality development of foreign trade QINGDAO, June 18 — Chinese Vice Premier He Lifeng has called for enhanced efforts to stabilize foreign trade, strengthen support and services for foreign trade enterprises, and utilize the competitive advantages of those enterprises […]

MIL-OSI Australia: National Australia Bank pays $751,200 in penalties for alleged breaches of Consumer Data Right Rules
Source: Australian Ministers for Regional Development National Australia Bank Limited (NAB) has paid penalties totalling $751,200 after the ACCC issued it with four infringement notices for alleged contraventions of the Consumer Data Right (CDR) Rules. The infringement notices relate to alleged failures by NAB to disclose, or accurately disclose, credit limit data in response to […]

MIL-OSI Submissions: Economy – Fed holds rates – markets turn to Powell’s successor amid Trump rant – deVere Group
Source: deVere Group June 18 2025 – The Federal Reserve has held interest rates steady—resisting mounting pressure from President Trump to cut—and investors are now preparing for what may come next: a pro-Trump successor at the helm of the world’s most powerful central bank. Global financial advisory giant deVere Group says the central bank’s decision […]

MIL-OSI USA: Congressman Gonzalez Joins Agriculture Secretary Rollins to Announce Efforts to Fight New World Screwworm
Source: United States House of Representatives – Congressman Vicente Gonzalez (15th District of Texas) EDINBURG, TEXAS – Today, Congressman Vicente Gonzalez (TX-34) participated in a press conference with U.S. Secretary of Agriculture Brooke L. Rollins, Texas Commissioner of Agriculture Sid Miller, and several Members of Congress to announce a five-pronged plan to combat the spread of New […]

MIL-OSI New Zealand: Taking the handbrake off productivity through transport rule reform
Source: New Zealand Government The Government is progressing a bold work programme to increase productivity and efficiency through comprehensively reforming New Zealand’s land transport rules, Transport Minister Chris Bishop says. “Land transport rules set out how different sectors of the transport industry must operate. They impact all road users – from the suburban mum or […]

MIL-OSI New Zealand: Consultation on ECE licensing criteria open
Source: New Zealand Government Associate Education Minister David Seymour says that the Ministry of Education are now consulting on changing, merging, or removing approximately three-quarters of the Early Childhood Education (ECE) licensing criteria. “Earlier this year the ECE Sector Review instigated 15 changes to modernise and simplify regulations,” Mr Seymour says. “The changes to the ECE regulations […]

MIL-OSI USA: Hoyle, Schatz, Smith Introduce New Legislation to Reduce Economic Inequality and Make Wall Street Pay Its Fair Share
Source: US Representative Val Hoyle (OR-04) June 18, 2025 The Wall Street Tax Act aims to disincentivize dangerous, risky investments that threaten the stability of the U.S. economy For Immediate Release: June 18, 2025  EUGENE, OR – Today, U.S. Representative Val Hoyle (OR-04), U.S. Senator Brian Schatz (D-Hawaii), and Rep. Adam Smith (WA-09) introducedThe Wall […]

MIL-OSI Global: World Refugee Day: Prolonged refugee separation is harming families — and Canada’s economy
Source: The Conversation – Canada – By Christina Clark-Kazak, Professor, Public and International Affairs, L’Université d’Ottawa/University of Ottawa As World Refugee Day approaches on June 20, advocates and health experts are calling on the Canadian government to urgently address prolonged family separation for refugees. With wait times for family reunification now averaging more than four […]

MIL-OSI Economics: Big data for big animals: how AI is helping save Tanzania’s endangered giraffes
Source: Microsoft Headline: Big data for big animals: how AI is helping save Tanzania’s endangered giraffes In 1956, a 23-year-old Canadian scientist named Dr. Anne Innis Dagg did something extraordinary: she traveled alone to South Africa to study giraffes in the wild—becoming the first Western researcher to do so. Her discovery was simple but profound: […]

MIL-OSI USA: Crapo: Senate Republican Plan Powers Economic Growth, Delivers Tax Relief
US Senate News: Source: United States Senator for Idaho Mike Crapo Washington, D.C.– U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) joined Larry Kudlow on Fox Business to talk about Senate Republicans’ plans to prevent the largest tax hike in U.S. history, power the economy through pro-growth tax policy, provide additional tax relief for working […]

MIL-OSI Economics: Strengthen business resilience with Windows 365 and Azure Virtual Desktop
Source: Microsoft Headline: Strengthen business resilience with Windows 365 and Azure Virtual Desktop Build a future-ready IT strategy with secure, scalable cloud solutions In the face of today’s complex and interconnected work ecosystems, resilience isn’t just a safeguard; it’s a strategic imperative for IT leaders driving sustainable transformation. True resilience means building an environment that […]

MIL-OSI Africa: Nigeria’s economy is growing but rural poverty is rising: 5 key policies to address the divide
Source: The Conversation – Africa – By Stephen Onyeiwu, Professor of Economics & Business, Allegheny College The Nigerian economy grew at a robust rate of 3.4% in 2024, the highest it has been since 2019 (except 2021 when the COVID rebound occurred). This should have been cheering news, worthy of firecrackers and champagne-popping. Rather it […]

MIL-OSI Global: Nigeria’s economy is growing but rural poverty is rising: 5 key policies to address the divide
Source: The Conversation – Africa – By Stephen Onyeiwu, Professor of Economics & Business, Allegheny College The Nigerian economy grew at a robust rate of 3.4% in 2024, the highest it has been since 2019 (except 2021 when the COVID rebound occurred). This should have been cheering news, worthy of firecrackers and champagne-popping. Rather it […]