Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for June 24, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 24, 2025.

MIL-OSI New Zealand: Government out of touch on employment rights
Source: NZCTU The commitment at the 113th International Labour Organization conference to develop a binding Convention for securing decent work in the platform economy shows how disconnected and out of touch the New Zealand government is when it comes to employment rights. “This decision is a huge step towards establishing internationally recognised labour rights for […]

MIL-OSI Canada: Joint Statement on the Visit to Ottawa of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates
Source: Government of Canada News Ottawa, June 23, 2025 The Honourable Anita Anand, Minister of Foreign Affairs, hosted His Highness, Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates (UAE), for a visit to Canada from June 19 to 20, 2025. The visit reaffirmed the […]

MIL-OSI USA: House Passes Congressman Jonathan L. Jackson’s Sanctioning Sea Pirates Act to Protect Global Commerce and U.S. Security
Source: United States House of Representatives – Representative Jonathan Jackson – Illinois (1st District) WASHINGTON, D.C. – Today, Congressman Jonathan L. Jackson (IL-01) announced the passage of H.R. 1998, the Sanctioning Sea Pirates Act, landmark legislation to combat the rising threat of piracy in critical global shipping lanes and safeguard the economic and national security […]

MIL-OSI New Zealand: Lifesaving funding boosts for Kiwis’ outdoor safety
Source: New Zealand Government Associate Transport Minister James Meager has confirmed an additional $76.7 million for New Zealand Search and Rescue over three years, to ensure 12 organisations can continue their lifesaving operations.Additionally, the Government has announced an investment of $624,000 over the same period, to help maintain and improve recreational aviation safety across the […]

MIL-OSI USA: LEADER JEFFRIES: “DONALD TRUMP AND EXTREME MAGA REPUBLICANS HAVE BEEN A COMPLETE AND TOTAL FAILURE DOMESTICALLY AND INTERNATIONALLY”
Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York) Today, House Democratic Leader Hakeem Jeffries held a press conference where he criticized the Rubber Stamp Republicans for not standing up for the American people while Donald Trump unleashes chaos, cruelty and corruption.  LEADER JEFFRIES: Good afternoon, everyone. The Trump administration […]

MIL-OSI China: Chinese premier holds talks with Singaporean PM
Source: People’s Republic of China – State Council News Chinese Premier Li Qiang holds talks with Singaporean Prime Minister Lawrence Wong, who is on an official visit to China, at the Great Hall of the People in Beijing, capital of China, June 23, 2025. [Photo/Xinhua] BEIJING, June 23 — Chinese Premier Li Qiang held talks […]

MIL-OSI United Kingdom: UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards
Source: United Kingdom – Government Statements Press release UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards Twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s 2025 Made in the UK, Sold to the World Awards. Twelve SMEs announced as winners […]

MIL-OSI United Kingdom: Greater security delivered for the British people with record billion-pound investment in new national biosecurity centre
Source: United Kingdom – Government Statements Press release Greater security delivered for the British people with record billion-pound investment in new national biosecurity centre Huge investment in new National Biosecurity Centre to protect the British public and the economy from future pandemics. The country’s ability to prevent a future pandemic has been significantly enhanced today […]

MIL-OSI USA: Congresswoman Torres Calls for Federal and State Labor Agencies to Protect Inland Empire Warehouse Workers from Dangerous Indoor Heat
Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California) June 23, 2025 Urges Inspections and Finalization of Federal Strong Heat Protection Standards Amid Rising Temperatures Washington, D.C. – Today, Congresswoman Norma Torres sent a letter to Secretary Lori Chavez-DeRemer of the U.S. Department of Labor and Secretary Stewart Knox of […]

MIL-OSI USA: Rep. Young Kim Bill to Support Taiwan in IMF Passes House
Source: United States House of Representatives – Representative Young Kim (CA-39) Washington, DC – Today, the House of Representatives passed the Taiwan Non-Discrimination Act (H.R. 910), a bipartisan bill led by U.S. Representatives Young Kim (CA-40) and Al Green (TX-09) to support Taiwan’s participation in the International Monetary Fund (IMF).   Watch Rep. Kim speak in […]

MIL-OSI New Zealand: NZ-NASA partnership launches five new projects
Source: New Zealand Government Science, Innovation and Technology Minister Dr Shane Reti and Space Minister Judith Collins have today announced that in partnership with the US, the Government is investing $5.6 million to support five new joint NZ-NASA research projects in the field of Earth observation. Researchers from New Zealand and NASA will work in […]

MIL-OSI USA: Praise Pours in for Ernst Bill to Unleash Domestic Manufacturing
US Senate News: Source: United States Senator Joni Ernst (R-IA) WASHINGTON – Support continues to pour in from small manufacturers in Iowa and across the country for Senator Joni Ernst’s (R-Iowa) Made in America Manufacturing Finance Act that doubles the loan limit for Small Business Administration (SBA) manufacturing loans. Senate Committee on Small Business and […]

MIL-OSI USA: Ernst Champions Opportunities for Future Farmers and Manufacturers
US Senate News: Source: United States Senator Joni Ernst (R-IA) STORM LAKE, Iowa – U.S. Senator Joni Ernst (R-Iowa), a member of the Senate Committee on Agriculture, led a roundtable discussion on her bipartisan Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) that will expand opportunities for first-time farmers and small to mid-size manufacturers. The legislation […]

MIL-OSI United Kingdom: UK to deliver on 5% NATO pledge as Government drives greater security for working people
Source: United Kingdom – Executive Government & Departments Press release UK to deliver on 5% NATO pledge as Government drives greater security for working people Working people will be more secure as the Prime Minister will make a historic commitment at the NATO Summit to spend 5% of GDP on national security.   UK to publish […]

MIL-OSI USA: CONGRESSWOMAN PLASKETT CELEBRATES HOUSE PASSAGE OF BIPARTISAN LEGISLATION TO ESTABLISH TRANS-ATLANTIC SUBMARINE FIBER OPTIC CABLE
Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI) For Immediate Release                             Contact: Tionee Scotland  June 23, 2025                                                    202-808-6129  PRESS RELEASE  CONGRESSWOMAN PLASKETT CELEBRATES HOUSE PASSAGE OF BIPARTISAN LEGISLATION TO ESTABLISH TRANS-ATLANTIC SUBMARINE FIBER OPTIC CABLE  Washington, DC – […]

MIL-OSI Russia: Financial News: In Almost Half of Russian Regions, Price Growth in May Was Nearly 4% Year-On-Year
Translation. Region: Russian Federal Source: Central Bank of Russia – In 59 of 85 Russian regions, prices in May rose less than in April, and in 6 regions they fell. According to the Bank of Russia, in 41 regions, the price increase, excluding seasonality, was close to 4% or lower on an annualized basis. The […]

MIL-OSI Russia: The government will allocate over 33 billion rubles to create university campuses in a number of regions
Translation. Region: Russian Federal Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article. Order dated June 9, 2025 No. 1479-r In 2025–2027, more than 33 billion rubles will be allocated from the federal budget to a number of regions to create a network of modern university campuses […]

MIL-OSI Africa: African Island States Advance Ocean Partnerships and Finance Innovation at United Nations (UN) Ocean Conference
Download logo In a high-profile gathering during the Third United Nations Ocean Conference (UNOC3), the African Island States Climate Commission (AISCC), in partnership with the United Nations Economic Commission for Africa (ECA) and the Indian Ocean Commission (IOC), convened a High-Level Dialogue aimed at strengthening ocean partnerships and mobilizing innovative finance to support sustainable development […]

MIL-OSI Economics: Existing Home Sales Forecast Revised Lower in Latest Outlook
Source: Fannie Mae WASHINGTON, DC – Existing single-family home sales are forecast at 4.14 million units for 2025, down slightly from last month’s forecast of 4.24 million units, according to the June 2025 Economic and Housing Outlook from the Fannie Mae (FNMA/OTCQB) Economic and Strategic Research (ESR) Group. Revisions to the home sales forecast were […]

MIL-OSI Economics: Verizon announces final results of its private exchange offers for 10 series of notes and related tender offers
Source: Verizon Headline: Verizon announces final results of its private exchange offers for 10 series of notes and related tender offers NEW YORK, N.Y. –  Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the final results of its Exchange Offers (as defined below) and its Cash Offers (as defined below). Exchange Offers The first […]