Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for June 26, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 26, 2025.

MIL-OSI Europe: Swedish economy remains in recession but conditions for recovery show promise
Source: Government of Sweden The recovery that began in the second half of 2024 has slowed, and the Swedish economy remains in protracted recession. This is largely due to increased geopolitical uncertainty. However, rising real wages and lower interest rates suggest that the recovery will gain momentum in the second half of 2025. Minister for […]

MIL-OSI Economics: Secretary-General of ASEAN meets with the ASEAN Committee in Rabat
Source: ASEAN Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with the ASEAN Committee in Rabat at the residence of the Ambassador of Malaysia to Morocco, for a Working Dinner on 25 June 2025. The event was hosted by the Ambassador of Malaysia to Morocco, Dato’ Shahabudeen Adam Shah, as the current Chair of the […]

MIL-OSI Russia: IMF Executive Board Completes the Fourth Reviews of the EFF/ECF Arrangements and the Third Review of the RSF Arrangement for Côte d’Ivoire
Source: IMF – News in Russian June 25, 2025 The IMF Executive Board today completed the Fourth Reviews of Côte d’Ivoire’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF) Arrangements and the Third Review of the Resilience and Sustainability Facility (RSF) Arrangement. The decision allows for an immediate disbursement of about US$758 million. Program […]

MIL-OSI Economics: 4th ASEAN Mineral Awards
Source: ASEAN ASEAN Set to Honour Mining Excellence at 4th ASEAN Mineral Awards in Lao PDR The spotlight will soon shine on the region’s mining sector as ASEAN prepares to honour top-performing companies in the 4th ASEAN Mineral Awards (AMA), to be announced during the 10th ASEAN Ministerial Meeting on Minerals (AMMin) in the week […]

MIL-OSI USA: Fact check: Claims swirling on California gas prices
Source: US State of California Governor Jun 25, 2025 What you need to know: There are many disingenuous claims swirling about California gas prices “set to soar” – the truth is that gas prices won’t come anywhere close to increasing by 65 cents, as many would have you believe.   SACRAMENTO – California gas prices […]

MIL-OSI Economics: Secretary-General of ASEAN meets with Secretary-General of the Ministry of Agriculture, Fisheries, Rural Development, Water and Forests of Morocco
Source: ASEAN Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with the Secretary-General of the Ministry of Agriculture, Fisheries, Rural Development, Water and Forests of Morocco, Redouane Arrach, in Rabat, on 25 June 2025. They discussed key issues aimed at advancing cooperation in the food, agriculture, and forestry sectors, with a focus on addressing common […]

MIL-OSI Economics: The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education and productivity. Thanks to Y Combinator for having me at AI Startup School.
Source: Microsoft Headline: The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, education and productivity. Thanks to Y Combinator for having me at AI Startup School. The real benchmark for AI progress is whether it makes a real difference in people’s lives — in healthcare, […]

MIL-OSI: DRML Miner and USDC: Merging Stability with the Future of Cloud Mining
Source: GlobeNewswire (MIL-OSI) London, UK, June 25, 2025 (GLOBE NEWSWIRE) — In the fast-changing climate of blockchain and cryptocurrency, there are few companies combining innovation, accessibility, and stability quite like DRML Miner. DRML Miner is a company that is dedicated to changing the mining industry since inception by leveraging green energy sources, implementing powerful AI […]

MIL-OSI Economics: News release: CanREA Summit examines renewables investment in Canada’s current financial landscape
Source: – Press Release/Statement: Headline: News release: CanREA Summit examines renewables investment in Canada’s current financial landscape At Clean Power Finance Canada—CanREA Summit 2025, finance and energy industry experts highlighted massive opportunities for investors, developers and policymakers to build a clean, affordable and resilient energy future for all Canadians. Toronto, June 25, 2025— More than […]

MIL-OSI United Kingdom: Thousands more to get the tools they need to start construction careers
Source: United Kingdom – Executive Government & Departments 2 Press release Thousands more to get the tools they need to start construction careers Thousands of people are set to benefit from on-the-job training and career opportunities in the construction sector. Deputy Prime Minister and Work and Pensions Secretary Liz Kendall attend inaugural Construction Skills Mission Board […]

MIL-OSI New Zealand: Economy – Snapshot highlights banks’ efforts to reduce unnecessary barriers for Māori
Source: Reserve Bank of New Zealand 26 June 2025 – The Reserve Bank of New Zealand – Te Pūtea Matua has published a primarily qualitative snapshot that offers a comparison of how banks are working to remove unnecessary barriers to Māori Access to Capital (MA2K). The Māori contribution to the New Zealand economy has grown to […]

MIL-OSI USA: Beyer Statement on Proposed Plans to Relocate HUD and NSF Headquarters
Source: United States House of Representatives – Representative Don Beyer (D-VA) Congressman Don Beyer (D-VA) today issued the following statement after Department of Housing & Urban Development (HUD) Secretary Scott Turner, Virginia Governor Glenn Youngkin, and Commissioner of the General Services Administration (GSA) Public Buildings Service Michael Peters announced plans to relocate the Department of Housing […]

MIL-OSI Economics: Rwanda: African Development Bank kickstarts pioneering cable car project in Kigali
Source: African Development Bank Group The African Development Bank has approved a grant of $500,000 to undertake a feasibility study into the first phase of a cable car transport network in Kigali, that will be sub-Saharan Africa’s first aerial urban transit system.  The project is initiated by Ropeways Transit Rwanda Ltd (RTRL).  MIL OSI Economics […]

MIL-OSI Economics: Microsoft, Wisconsin Economic Development Corporation, University of Wisconsin-Milwaukee and TitletownTech officially open AI Co-Innovation Lab to accelerate manufacturing innovation
Source: Microsoft Headline: Microsoft, Wisconsin Economic Development Corporation, University of Wisconsin-Milwaukee and TitletownTech officially open AI Co-Innovation Lab to accelerate manufacturing innovation Milwaukee, Wis. — June 25, 2025 — Microsoft Corp., in collaboration with the Wisconsin Economic Development Corporation (WEDC), the University of Wisconsin-Milwaukee (UWM) and TitletownTech announced on Wednesday the opening of an AI […]

MIL-OSI: ABeam Consulting (USA) Ltd. and Millennium EBS Establish Strategic Collaborations to Expedite ISO 20022 Implementation
Source: GlobeNewswire (MIL-OSI) LOS ANGELES, June 25, 2025 (GLOBE NEWSWIRE) — ABeam Consulting (USA) Ltd. (“ABeam US”) and Millennium EBS, a BlueOne Card Inc. subsidiary, have announced a strategic collaboration under a newly signed Master Services Agreement (MSA) to jointly promote the Millennium EBS Payment Hub: ISO 20022 Transformer. This collaboration brings together ABeam’s deep expertise in business […]

MIL-OSI United Kingdom: New Trade Strategy to protect and boost British business
Source: United Kingdom – Government Statements Press release New Trade Strategy to protect and boost British business The strategy will make the UK the most connected nation in the world while protecting vital industries from global threats and backing businesses to thrive. New Trade Strategy to protect and boost British business  Trade Strategy sets out […]

MIL-OSI USA: Hagerty Calls on DOJ, FTC to Investigate ISS and Glass Lewis
US Senate News: Source: United States Senator for Tennessee Bill Hagerty WASHINGTON—This week, United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee and head of the committee’s working group on proxy advisors, sent a letter to Attorney General Pamela Bondi and Federal Trade Commission Chairman Andrew Ferguson, urging them to investigate […]

MIL-OSI USA: Congressman Nick Langworthy Announces FAA Grants for Cattaraugus County Olean Airport
Source: US Congressman Nick Langworthy (NY-23) WASHINGTON, D.C. – Today, Congressman Nick Langworthy (NY-23) announced the Federal Aviation Administration has awarded $313,813 to the Olean Airport for phase 2 of their rehabilitation project which consists of rehabilitating a parking lot and construction of a new lighting system. The FAA also awarded a second grant of $87,400 […]

MIL-OSI Economics: New “Verizon Frontline Verified” partner – Semtech
Source: Verizon Headline: New “Verizon Frontline Verified” partner – Semtech BASKING RIDGE, N.J. – Verizon Frontline today announced that several products from Semtech, formerly Sierra Wireless, have achieved “Verizon Frontline Verified” status. This includes the AirLink® XR60 5G Router, which supports the recently-launched Verizon Frontline Network Slice. The AirLink® XR60 5G Router is military-grade and […]

MIL-OSI Economics: Verizon contributes $10K in response to devastating flooding in West Virginia
Source: Verizon Headline: Verizon contributes $10K in response to devastating flooding in West Virginia WHEELING, W.V. – On June 15, devastating heavy rains and flash flooding severely impacted Ohio and Marion counties in West Virginia. This rare event saw up to 3 to 4 inches of rainfall in less than an hour in localized areas. […]