Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for June 21, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 21, 2025.

MIL-OSI USA: President Trump signs Kennedy resolution undoing cumbersome Biden-era bank merger rule
US Senate News: Source: United States Senator John Kennedy (Louisiana) WASHINGTON – President Donald Trump today signed Sen. John Kennedy’s (R-La.) joint resolution of disapproval under Congressional Review Act (CRA) procedures to block an Office of Comptroller (OCC) rule that hurts community banks by adding unnecessary red tape to the bank merger approval process. “When […]

MIL-OSI China: Chinese vice premier calls for championing humanity’s common values, promoting multipolar world
Source: People’s Republic of China – State Council News Chinese vice premier calls for championing humanity’s common values, promoting multipolar world ST. PETERSBURG, June 20 — Chinese Vice Premier Ding Xuexiang on Friday called for championing humanity’s common values, and promoting an equal and orderly multipolar world as well as universally beneficial and inclusive economic […]

MIL-OSI Economics: Senegal and Kenya Top African Development Bank’s Electricity Regulatory Index, as Regulators Drive Tangible Reforms
Source: African Development Bank Group Kenya and Senegal have claimed the top spots in the African Development Bank’s 2024 Electricity Regulatory Index (ERI), demonstrating exceptional progress in power sector governance and regulatory outcomes. The comprehensive assessment, officially unveiled today at the Africa Energy Forum in Cape Town, evaluates regulatory frameworks across 43 African countries. Uganda, […]

MIL-OSI Economics: IDEV Highlights Role of Evaluation in Unlocking Africa’s Financial Capital at AfDB 2025 Annual Meetings
Source: African Development Bank Group (L-R) Rufus N. Darkortey, Executive Director at the African Development Bank representing The Gambia, Ghana, Liberia, Sierra Leone and Sudan, alongside Neil Cole, Financing Manager for South Africa’s Just Energy Transition Project Management Unit, Office of the President, Guillaume Le Bris, Head of Infrastructure and Energy, ILX Fund Management, Karen […]

MIL-OSI Economics: The field officer and the farmer: how African Fertilizer Financing Mechanism-backed investments foster enduring partnerships
Source: African Development Bank Group That smile — the one that starts deep within and lights up when something good is happening — is instantly recognizable. That distinctive smile graced Mama Naumi Kamau’s face as she stood in her maize field in Nakuru, Kenya on a November morning. The ears of maize were plump white […]

MIL-OSI Economics: Togo: African Development Bank strengthens partnership with civil society
Source: African Development Bank Group The African Development Bank held its first-ever Civil Society Open Day in Lomé, Togo, on 3 June. The event brought together representatives from the Togolese government, around 30 national and international civil society organisations (CSOs), and Bank staff — all committed to strengthening development partnerships… MIL OSI Economics –

MIL-OSI Russia: IMF Executive Board Completes the Third Review under the Extended Credit Facility Arrangement for Burkina Faso
Source: IMF – News in Russian June 20, 2025 The IMF Executive Board completed today the third review under the Extended Credit Facility Arrangement for Burkina Faso. This enables an immediate disbursement of about US$32.8 million. Supportive policies and favorable weather conditions boosted agricultural output in 2024; however, widespread insecurity continues to weigh on economic […]

MIL-OSI USA: Congressman Bean Hosts Tax Reform Roundtable in Clay County
Source: United States House of Representatives – Representative Aaron Bean Florida (4th District) WASHINGTON—This week, U.S. Congressman Aaron Bean (FL-04) hosted a roundtable discussion with members of the First Coast Manufacturers Association to discuss the impact of expiring tax cuts, industry challenges, and how the One Big Beautiful Bill (OBBB) will provide real tax relief […]

MIL-OSI Canada: House of Commons passes One Canadian Economy Act
Source: Government of Canada – Prime Minister Canada’s new government has a mandate to build big, build bold, and build now. Today, the Prime Minister, Mark Carney, welcomed the passing in the House of Commons of Bill C-5, One Canadian Economy Act. The legislation will build one strong Canadian economy by: Removing federal barriers to internal trade […]

MIL-OSI USA: Q&A: Senate Legislates One Big Beautiful Bill
US Senate News: Source: United States Senator for Iowa Chuck Grassley Q: How will the Senate version of the One Big Beautiful Bill impact Iowans? A: Based on my county meetings, emails and phone calls, Iowans are paying close attention to the One Big Beautiful Bill moving through Congress. After passing the House of Representatives, […]

MIL-OSI USA: Delegation Applauds Passage of Alaska Native Legislation
US Senate News: Source: United States Senator for Alaska Lisa Murkowski 06.20.25 H.R. 42 and H.R. 43 Pass the U.S. Senate; headed to President’s Desk Washington, D.C. – U.S. Senators Lisa Murkowski and Dan Sullivan, along with U.S. Representative Nick Begich (all R-Alaska), applauded Senate passage of two important bills—H.R. 42, the Alaska Native Settlement […]

MIL-OSI USA: Rep. Gabe Vasquez Rallies Outdoor Advocates to Defend Public Lands at OMDP Hike and Press Conference
Source: US Representative Gabe Vasquez’s (NM-02) LAS CRUCES, N.M. – Today, U.S. Representative Gabe Vasquez (NM-02) joined conservation advocates, local leaders, and community members at the Organ Mountains–Desert Peaks National Monument (OMDP) to rally against renewed efforts to sell off federal public lands. The event featured a press conference and community hike, highlighting the cultural, […]

MIL-OSI Security: Texas Man Charged with Conspiracy to Defraud the United States and Related Offenses in Connection with Alleged Operation of Trucking Companies
Source: United States Attorneys General WASHINGTON – An indictment was unsealed on Wednesday in Houston charging a Texas man with offenses related to the alleged operation of illegal and unsafe trucking companies. According to court documents, Shaquan Jelks, 48, of Houston, managed and controlled multiple commercial trucking companies after being ordered not to do so by a federal court and by […]

MIL-OSI USA: Texas Man Charged with Conspiracy to Defraud the United States and Related Offenses in Connection with Alleged Operation of Trucking Companies
Source: US State of California WASHINGTON – An indictment was unsealed on Wednesday in Houston charging a Texas man with offenses related to the alleged operation of illegal and unsafe trucking companies. According to court documents, Shaquan Jelks, 48, of Houston, managed and controlled multiple commercial trucking companies after being ordered not to do so by a federal court and by […]

MIL-OSI USA: Wicker, Cantwell Introduce the Reauthorization of Integrated Coastal and Ocean Observation System Act
US Senate News: Source: United States Senator for Mississippi Roger Wicker WASHINGTON – U.S. Senators Roger Wicker, R-Miss., and Maria Cantwell, D-Wash., introduced the Reauthorization of Integrated Coastal and Ocean Observation System Act. The bill would reauthorize the Integrated Ocean Observing System (IOOS) for the next five years, maintaining its current funding level at $56 […]

MIL-OSI USA: Commissioner Kristin N. Johnson’s Keynote Remarks at the CCP AGM 2025
Source: US Commodity Futures Trading Commission It is a pleasure to join CCP Global for your Annual General Meeting. Joining you today marks the third time that I have had the opportunity to address this important group at the center of the global derivatives markets. Addressing this body in Madrid, Spain in June of 2022 […]

MIL-OSI Russia: Chinese Premier Holds Talks with New Zealand Prime Minister
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 BEIJING, June 20 (Xinhua) — Chinese Premier Li Qiang held talks with New Zealand Prime Minister Christopher Lacson in Beijing on Friday. Li Qiang said that in […]

MIL-OSI NGOs: Wrecking the future: The Trump war on the ocean, climate, and communities
Source: Greenpeace Statement – During his first 100 days President Trump has been actively working to dismantle and weaken environmental protections and attack those who fight to protect nature and our shared climate, putting the corporate profits of his billionaire friends ahead of people and the planet. © Saf Suleyman / Greenpeace President Trump’s second […]

MIL-OSI USA: Secretary Chavez-DeRemer marks 100 days championing American workers
Source: US Department of Labor WASHINGTON – U.S. Secretary of Labor Lori Chavez-DeRemer today celebrated 100 days since she was sworn in as the 30th Labor Secretary, marking a key milestone in her efforts to advance President Trump’s America First agenda by quickly delivering on her mission to empower U.S. workers and employers. Since taking […]

MIL-OSI Russia: Alexander Novak: It is necessary to ensure structural transformation and increased efficiency of the economy
Translation. Region: Russian Federal Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article. The discussion was also attended by the CEO of the Russian Direct Investment Fund, Special Representative of the President for Investment and Economic Cooperation with Foreign Countries Kirill Dmitriev, Chairman of the State Corporation […]