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

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

MIL-OSI USA: Senator Reverend Warnock Encourages Atlanta Business, Civic Leaders to Continue Putting Service Over Self in Remarks to Rotary Club of Atlanta
US Senate News: Source: United States Senator Reverend Raphael Warnock – Georgia Senator Reverend Warnock Encourages Atlanta Business, Civic Leaders to Continue Putting Service Over Self in Remarks to Rotary Club of Atlanta Senator Reverend Warnock encouraged over 100 Georgia business and civic leaders to continue living out their motto of “service above self” in […]

MIL-OSI USA: Grassley, Baldwin Introduce Bill Protecting Older Workers from Workplace Discrimination
US Senate News: Source: United States Senator for Iowa Chuck Grassley WASHINGTON – Sens. Chuck Grassley (R-Iowa) and Tammy Baldwin (D-Wis.) introduced the Protecting Older Workers from Age Discrimination (POWADA) Act to level the playing field for older workers and protect Americans from age discrimination in the workplace.   “Americans of all ages can offer valuable […]

MIL-OSI Economics: DG Okonjo-Iweala welcomes Prime Minister Plenkovic of Croatia to the WTO
Source: World Trade Organization DG Okonjo-Iweala complimented Croatia on its resilient and forward-looking economy, which is driven by services trade and digital transformation. Both leaders agreed that the WTO’s next Ministerial Conference in Cameroon in March 2026 is an important opportunity for reform of the WTO and for strengthening its role in governing global trade. […]

MIL-OSI Economics: Members discuss possible cotton breakthrough ahead of MC14, World Cotton Day 2025
Source: WTO Headline: Members discuss possible cotton breakthrough ahead of MC14, World Cotton Day 2025 Deputy Director-General Jean-Marie Paugam, who chaired the 43rd Round of Consultations of the Director-General’s Consultative Framework Mechanism for Cotton (DGCFMC), drew members’ attention to the latest meeting of the Steering Committee of the “Partenariat pour le Coton” initiative, which built […]

MIL-OSI Economics: Graduates and movers rejoice: Total Wireless introduces $35 home internet with special offer on router
Source: Verizon Headline: Graduates and movers rejoice: Total Wireless introduces $35 home internet with special offer on router NEW YORK – As graduates embark on the exciting journey of moving to a new apartment or even a new city, Total Wireless, a leading prepaid brand powered by Verizon’s 5G network, ensures they can stay connected […]

MIL-OSI Economics: 2025 State of Small Business Survey: Surge in AI, cybersecurity and social media demand
Source: Verizon Headline: 2025 State of Small Business Survey: Surge in AI, cybersecurity and social media demand What you need to know: Nearly half (47%) of SMBs updated their cybersecurity solutions to further protect their business. More than a third (38%) are actively using AI across multiple business functions, such as data analysis, marketing and […]

MIL-OSI Economics: Fish Fund Steering Committee advances work on Call for Proposals, welcomes new members
Source: World Trade Organization The agreement on next steps brings the Steering Committee closer to opening its first Call for Proposals. The Fund will receive funding requests for project grants that will support developing and least developed country (LDC) members to implement the Agreement provided they have ratified it. The Committee welcomed Barbados, The Gambia, […]

MIL-OSI Economics: Plastics Dialogue sharpens focus on transparency and standards
Source: WTO Headline: Plastics Dialogue sharpens focus on transparency and standards Barbados and Morocco delivered opening remarks on behalf of the co-coordinators. They highlighted the successful midterm review in April of the DPP’s work in 2025 and underscored the importance of delving deeper into each focus area to advance potential outcomes. They noted co-sponsors’ interest […]

MIL-OSI USA: Bipartisan, Bicameral Bill Reintroduced to Protect Older Workers from Age Discrimination
Source: United States House of Representatives – Representative Suzanne Bonamici (1st District Oregon) WASHINGTON – Today, a bipartisan and bicameral group of Members reintroduced the Protecting Older Workers Against Discrimination Act(POWADA), a proposal to strengthen anti-discrimination protections for older workers.   In the House, the bill is led by Education and Workforce Committee Ranking Member Robert […]

MIL-OSI: Societe Generale_ Combined General Meeting and Board of Directors dated 20 May 2025
Source: GlobeNewswire (MIL-OSI) COMBINED GENERAL MEETING AND BOARD OF DIRECTORS DATED 20 MAY 2025 Press release Paris, 20 May 2025 Combined General Meeting The General Meeting of shareholders of Societe Generale was held on 20 May 2025 at CNIT Forest, 2, Place de la Défense, 92092 Puteaux and was chaired by Mr. Lorenzo Bini Smaghi. […]

MIL-OSI Europe: Highlights – Vote on opinion to ECON report on Draghi Report and the Capital Markets Union – 04.06 – Committee on Budgets
Source: European Parliament © Image used under the license from Adobe Stock Members will vote on the BUDG opinion to the ECON report on the Draghi Report and the Capital Markets Union. The draft opinion focuses on the role of the EU budget in helping to promote investment in the EU economy. In particular, it […]

MIL-OSI Europe: Briefing – Slovakia’s National Recovery and Resilience Plan: Latest state of play – 20-05-2025
Source: European Parliament Slovakia is set to receive €6 408.5 million, solely in grants, to implement its national recovery and resilience plan (NRRP, Plán obnovy), representing 6.8 % of the country’s gross domestic product (GDP) in 2019. On 13 May 2025, the Council approved Slovakia’s amended NRRP addressing technical and procurement challenges, introducing new reforms […]

MIL-OSI Europe: In-Depth Analysis – Meeting expectations? Assessing the Savings and Investment Union (SIU) communication against the recommendations of Draghi, Letta and Noyer – 20-05-2025
Source: European Parliament The European Commission’s communication on the Savings and Investments Union (SIU) follows the high-profile reports by Draghi, Letta and Noyer, which together have shaped expectations for integrating financial markets to support the wider EU economy. This briefing analyses the SIU communication with the three reports in mind as reference points. The briefing […]

MIL-OSI Europe: Answer to a written question – The need to develop the steel industry in the context of developing armament programmes – E-001209/2025(ASW)
Source: European Parliament 1. The EU Emissions Trading System (ETS) enables the EU to achieve its climate targets at the lowest cost by allowing the market to set the carbon price. It also has in-built features to protect industries such as steel from carbon leakage (displacement of production and emissions to outside the EU). These include free […]

MIL-OSI Europe: Answer to a written question – Water infrastructure left inoperative due to delays in land consolidation and irrigation projects – E-001355/2025(ASW)
Source: European Parliament The Commission monitors the implementation of Greek Common Agricultural Policy (CAP) Strategic Plan (CSP)[1], amongst others through the monitoring committee meetings, annual performance reports and the annual review meetings. However, based on the principles of shared management applicable to the CAP, the project implementation monitoring process falls under the responsibility of the […]

MIL-OSI USA: Cortez Masto Calls on Trump Administration to Strengthen American Critical Mineral Supply Chain
US Senate News: Source: United States Senator for Nevada Cortez Masto Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) submitted a letter to the U.S. Department of Commerce in response to their Section 232 National Security Investigation of Imports of Processed Critical Minerals and their Derivative Products calling on the Trump Administration to take strategic action to […]

MIL-OSI USA: Revitalizing Long Island Downtowns
Source: US State of New York overnor Kathy Hochul today announced awards for a total of 23 transformational projects on Long Island as part of two economic development programs: the Downtown Revitalization Initiative and NY Forward. Eight projects were announced for Smithtown-Kings Park, the Round 7 winner of a $10 million DRI award; eight projects […]

MIL-OSI USA: Risch Leads Legislation to Counter Adversary Nuclear Energy Programs
US Senate News: Source: United States Senator for Idaho James E Risch WASHINGTON – U.S. Senators Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, Chris Coons (D-Del.), senior member of the Senate Foreign Relations Committee, Mike Lee (R-Utah), chairman of the Senate Energy and Natural Resources Committee, and Martin Heinrich (D-N.M.), ranking member of […]

MIL-OSI USA: Reed Helps Increase Wages for RI Defense Workers Building State-of-the-Art Submarines for U.S. Navy
US Senate News: Source: United States Senator for Rhode Island Jack Reed WASHINGTON, DC – U.S. Senator Jack Reed (D-RI) today commended General Dynamics Electric Boat (EB), the U.S. Navy, and labor leaders for working together to reach a tentative agreement that will increase wages for workers at Electric Boat’s Quonset Point facility in Rhode […]

MIL-OSI USA: NYPA Economic Development Awards Nearly $135M in WNY
Source: US State of New York overnor Kathy Hochul today announced economic development awards to five Western New York-based firms that will spur nearly $135 million in capital investments. The awards, approved by the New York Power Authority (NYPA) Board of Trustees today, include Western New York hydropower allocations to four firms that will create […]