Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 9, 2025.
MIL-OSI New Zealand: Property Market – NZ residential construction costs edge higher, but pressures remain contained – Cotality
Source: Cotality New Zealand’s residential construction costs rose 0.6% in the June 2025 quarter, according to Cotality’s latest Cordell Construction Cost Index (CCCI) – up from a 0.3% increase in Q1. Despite this uptick, cost growth remains below the long-term average of 1.0% per quarter. Annual construction cost growth reached 2.7%, the fastest pace since […]
MIL-OSI Australia: What Has Australian Macroeconomic Thought Achieved in the Past Century – And Where Can it Contribute in the Next?
Source: Airservices Australia Introduction It is a great honour to address you on the 100th anniversary of the Economics Society of Australia. It’s an honour because, over that past century, Australian thinkers have helped develop some of the most important building blocks in open economy macroeconomics – the branch of economics that seeks to understand […]
MIL-OSI USA: Rep. Estes Joins the John Whitmer Show to Talk One Big, Beautiful Law
Source: United States House of Representatives – Congressman Ron Estes (R-Kansas) Rep. Estes Joins the John Whitmer Show to Talk One Big, Beautiful Law U.S. Congressman Ron Estes (R-Kansas) joined the John Whitmer Show to talk about the One Big Beautiful Bill Act (OBBBA) after President Donald Trump signed it into law on Friday, July […]
MIL-OSI China: Chinese premier says Chinese economy capable of withstanding any external shocks
Source: People’s Republic of China – State Council News Chinese Premier Li Qiang attends a symposium for Chinese enterprises operating in Brazil in Rio de Janeiro, Brazil, July 8, 2025. [Photo/Xinhua] RIO DE JANEIRO, July 8 — Chinese Premier Li Qiang said here Tuesday that the Chinese economy is fully capable of withstanding any external […]
MIL-OSI USA: Governor Stein Visits Clyde, Highlights Small Business Infrastructure Grant Program
Source: US State of North Carolina Headline: Governor Stein Visits Clyde, Highlights Small Business Infrastructure Grant Program Governor Stein Visits Clyde, Highlights Small Business Infrastructure Grant ProgramlsaitoTue, 07/08/2025 – 16:55 Raleigh, NC Today Governor Josh Stein visited the Town of Clyde, a recipient of the Small Business Infrastructure Grant program, and met with small business […]
MIL-OSI Canada: Committee on Internal Trade meets to strengthen Canada’s economy
Source: Government of Canada News Quebec City, Quebec, July 8, 2025 – Today, the Honourable Chrystia Freeland, Minister of Transport and Internal Trade, met with her provincial and territorial counterparts at the Committee on Internal Trade (CIT) meeting in Québec City to advance shared priorities and strengthen Canada’s domestic economy. Over the past six months, […]
MIL-OSI Economics: Apple announces chief operating officer transition
Source: Apple Headline: Apple announces chief operating officer transition July 8, 2025 PRESS RELEASE Apple announces chief operating officer transition CUPERTINO, CALIFORNIA Apple today announced Jeff Williams will transition his role as chief operating officer later this month to Sabih Khan, Apple’s senior vice president of Operations as part of a long-planned succession. Williams will continue […]
MIL-OSI Russia: Leaders of Uzbekistan and Russia discussed issues of further expansion of trade and economic cooperation
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – An important disclaimer is at the bottom of this article. Source: People’s Republic of China – State Council News Tashkent, July 8 (Xinhua) — Uzbek President Shavkat Mirziyoyev and Russian President Vladimir Putin held a telephone […]
MIL-OSI Economics: Bulgaria to join euro area on 1 January 2026
Source: European Central Bank 8 July 2025 Conversion rate of lev fixed at 1.95583 = EUR 1 Bulgaria joined the ERM II in 2020 Bulgarian banks supervised by ECB since 2020 Today the Council of the European Union formally approved the accession of Bulgaria to the euro area on 1 January 2026 and determined a […]
MIL-OSI Economics: Trade and gender group outlines priorities for gender equality work leading to MC14
Source: WTO Headline: Trade and gender group outlines priorities for gender equality work leading to MC14 The 2025-2026 Work Plan reinforces the work initiated at the 13th WTO Ministerial Conference (MC13), held in Abu Dhabi in 2024. An action plan to support its implementation will be drafted in consultation with members, with clear milestones, targets […]
MIL-OSI Economics: Committee highlights active engagement and thematic progress at Trade and Environment Week
Source: WTO Headline: Committee highlights active engagement and thematic progress at Trade and Environment Week Trade and Environment Week 2025 The WTO Secretariat report on the event highlighted the active engagement and vibrant discussions that took place throughout Trade and Environment Week as members and stakeholders explored the evolving relationship between trade and the environment. […]
MIL-OSI Economics: Verizon donates $100,000 to support Texas Search and Rescue and waives call/text/data usage for hardest hit customers
Source: Verizon Headline: Verizon donates $100,000 to support Texas Search and Rescue and waives call/text/data usage for hardest hit customers What you need to know: In response to the flash floods on July 4, Verizon is donating $100,000 to Texas Search and Rescue (TEXSAR) to aid their vital search, rescue, and recovery operations. Verizon is […]
MIL-OSI Russia: Breaking: China’s economy is capable of withstanding any external shocks – Premier of the State Council of the People’s Republic of China
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – An important disclaimer is at the bottom of this article. Source: People’s Republic of China – State Council News RIO DE JANEIRO, July 8 (Xinhua) — China’s economy is fully capable of withstanding any external shocks […]
MIL-OSI Submissions: Four reasons why many of us feel the global economy is not on our side
Source: The Conversation – UK – By Cahal Moran, Visiting Fellow in the Department of Psychological and Behavioural Science, London School of Economics and Political Science During my adult life, I have never experienced what it’s like to live in a “good” economy. Starting with the global financial crash in 2008, which hit just as […]
MIL-OSI Analysis: Four reasons why many of us feel the global economy is not on our side
Source: The Conversation – UK – By Cahal Moran, Visiting Fellow in the Department of Psychological and Behavioural Science, London School of Economics and Political Science During my adult life, I have never experienced what it’s like to live in a “good” economy. Starting with the global financial crash in 2008, which hit just as […]
MIL-OSI Russia: Russia and the US have great potential to restart economic relations – Russian President’s press secretary
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – An important disclaimer is at the bottom of this article. Source: People’s Republic of China – State Council News Moscow, July 8 (Xinhua) — Russia and the United States have significant potential to restart economic relations, […]
MIL-OSI Economics: How ASHABot empowers rural India’s frontline health workers
Source: Microsoft Headline: How ASHABot empowers rural India’s frontline health workers When Mani Devi, an Accredited Social Health Activist (ASHA) in rural Rajasthan, saw the underweight infant, she knew something was wrong—but not how serious it might be, or what advice to give. So she reached for her phone and opened WhatsApp: In Hindi, she […]
MIL-OSI USA: Huizenga Votes to Cut Taxes for Michiganders, Strengthen Michigan’s Economy
Source: United States House of Representatives – Congressman Bill Huizenga (MI-02) Today, Congressman Bill Huizenga (R-MI) released the following statement after voting in support the One Big Beautiful Bill Act, which passed the House by a vote of 218-214. The One Big Beautiful Bill will now head to President Trump’s desk to be signed into […]
2025-07-08 21:12:32
President Xi Jinping has called on north China’s Shanxi Province to further promote the transformation and development of the resource-based economy and strive to write its own chapter in advancing Chinese modernization.
Source: People’s Republic of China – Ministry of National Defense Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, lays a floral basket to pay tribute to the martyrs at the monument square honoring the martyrs of the Hundred-Regiment Campaign during the […]
MIL-OSI Economics: EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease
Source: US Energy Information Administration – EIA Headline: EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease U.S. ENERGY INFORMATION ADMINISTRATIONWASHINGTON DC 20585 FOR IMMEDIATE RELEASEJuly 8, 2025 The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in […]