Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 28, 2025.
MIL-OSI China: Dunhuang carries out comprehensive upgrade of night market in China’s Gansu
Source: People’s Republic of China – State Council News Dunhuang carries out comprehensive upgrade of night market in China’s Gansu Updated: June 28, 2025 08:08 Xinhua Tourists visit the night market in Dunhuang, northwest China’s Gansu Province, June 26, 2025. Dunhuang has carried out a comprehensive upgrade of characteristic blocks such as the Dunhuang Night […]
MIL-OSI USA: Wyden, Merkley, Bonamici, Hoyle Announce $1 Million for Airports on Oregon Coast & Willamette Valley
US Senate News: Source: United States Senator Ron Wyden (D-Ore) June 27, 2025 Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora Washington D.C.—U.S. Senators Ron Wyden and Jeff Merkley, along with U.S. Representatives Suzanne Bonamici and Val Hoyle, today announced $1.08 million combined in federal infrastructure investments at airports in Tillamook, Astoria, […]
MIL-OSI USA: Wyden, Merkley, Bonamici, Hoyle Announce $1 Million for Airports on Oregon Coast & Willamette Valley
US Senate News: Source: United States Senator Ron Wyden (D-Ore) June 27, 2025 Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora Washington D.C.—U.S. Senators Ron Wyden and Jeff Merkley, along with U.S. Representatives Suzanne Bonamici and Val Hoyle, today announced $1.08 million combined in federal infrastructure investments at airports in Tillamook, Astoria, […]
MIL-OSI USA: Cantwell & Colleagues Demand Answers from SBA Administrator Loeffler and Commerce Secretary Lutnick on Gutting Support for Entrepreneurs and Small Businesses
US Senate News: Source: United States Senator for Washington Maria Cantwell 06.27.25 Cantwell & Colleagues Demand Answers from SBA Administrator Loeffler and Commerce Secretary Lutnick on Gutting Support for Entrepreneurs and Small Businesses “A failure to support small businesses, including minority-owned small businesses, will be a detriment to the entire American economy.” WASHINGTON, D.C. – […]
MIL-OSI Russia: IMF Executive Board Concludes the 2025 Article IV Consultation and Completes the Fifth Review Under the Extended Credit Facility Arrangement, and Second Review Under the Resilience and Sustainability Facility Arrangement with Tanzania
Source: IMF – News in Russian June 27, 2025 The IMF Executive Board today concluded the 2025 Article IV Consultation and completed the fifth review under the Extended Credit Facility (ECF) arrangement and the second review under the Resilience and Sustainability Facility (RSF) arrangement with Tanzania, allowing for an immediate disbursement of about US$ 448.4 […]
MIL-OSI USA: Congresswoman Cherfilus-McCormick Statement Condemning Decision to End Temporary Protected Status for Haiti
Source: United States House of Representatives – Congresswoman Sheila Cherfilus-McCormick (D-Florida 20th district)) WASHINGTON, D.C. — Today, Congresswoman Sheila Cherfilus-McCormick (D-FL) released the following statement regarding the termination of Temporary Protected Status (TPS) for Haiti: “The Department of Homeland Security’s decision to end Temporary Protected Status (TPS) for Haiti is deeply concerning. It impacts thousands of […]
MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV consultation and First Review Under the Extended Fund Facility for El Salvador
Source: IMF – News in Russian June 27, 2025 The IMF Executive Board concluded El Salvador’s 2025 Article IV consultation and completed the first review of the Extended Fund Facility (EFF) arrangement, allowing for an immediate disbursement of SDR 86.16 million (about US$118 million). Program performance has been solid, with the economy continuing to expand […]
MIL-OSI USA: Rosen, Cortez Masto Announce Critical Funding for Nevada’s Vital Airports
US Senate News: Source: United States Senator Jacky Rosen (D-NV) WASHINGTON, DC – U.S. Senators Jacky Rosen (D-NV) and Catherine Cortez Masto (D-NV) announced that the Department of Transportation (DOT) awarded $42,985,481 in grants to international, regional, rural, and Tribal airports in the State of Nevada. This funding will allow airports to make necessary infrastructure improvements […]
MIL-OSI Russia: IMF Executive Board Concludes Fifth Review Under the Policy Coordination Instrument (PCI) and the Third Review Under the Arrangement Under the Resilience and Sustainability Facility of Paraguay
Source: IMF – News in Russian June 27, 2025 On June 27, 2025, the IMF Executive Board concluded the fifth review under the Policy Coordination Instrument (PCI) and the third review under the Resilience and Sustainability Facility (RSF) arrangement. The Paraguayan economy remains robust underpinned by buoyant domestic demand. Staying the course with the fiscal […]
MIL-OSI Canada: So Alberta, what’s next? | Alors, quelle est la prochaine étape pour l’Alberta?
[embedded content] Albertans are frustrated after 10 years of punitive policies, enacted by the federal government, attacking Alberta’s economy and targeting its core industries. Chaired by Premier Danielle Smith, the Alberta Next panel will bring together a broad mix of leaders, experts, and community voices to gather input, discuss solutions, and provide feedback to government […]
MIL-OSI USA: Hoyle, Wyden, Merkley, Bonamici Announce $1 Million for Airports on Oregon Coast & Willamette Valley
Source: US Representative Val Hoyle (OR-04) June 27, 2025 Federal grants heading to airports in Tillamook, Astoria, Brookings and Aurora. For Immediate Release: June 27, 2025 WASHINGTON, D.C. – U.S. Representative Val Hoyle (OR-04) along with U.S. Senators Ron Wyden and Jeff Merkley and Rep. Suzanne Bonamici (OR-01), today announced $1.08 million combined in federal […]
MIL-OSI: Security National Financial Corporation set to join Russell 3000® Index
Source: GlobeNewswire (MIL-OSI) SALT LAKE CITY, June 27, 2025 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFCA) joined the broad-market Russell 3000 Index at the conclusion of the 2025 Russell indexes annual reconstitutions, effective after the US market opens on June 30, 2025. The annual Russell reconstitutions capture the 4,000 largest US stocks as of […]
MIL-OSI USA: Republican Governors Praise One Big Beautiful Bill, Urge Congress to Allow States to Protect Citizens from Misuse of Artificial Intelligence
Source: US Republican Governors Association The following text contains opinion that is not, or not necessarily, that of MIL-OSI – WASHINGTON, D.C. – Republican governors sent a joint letter to Senate Majority Leader John Thune and Speaker of the House Mike Johnson on the State Artificial Intelligence (AI) moratorium included in the One Big Beautiful […]
MIL-OSI Economics: The Sequencing and speed of Reforms in Transition Economies: Implications for the Case of Uzbekistan
Source: International Monetary Fund Summary Uzbekistan has made significant progress in its transition to a market economy since 2017, achieving advancements in macroeconomic stabilization, trade and exchange rate liberalization, price liberalization, and small-scale privatization. Despite these successes, challenges remain in reforming and privatizing large state-owned enterprises and banks and fostering a competitive market environment with […]
MIL-OSI Economics: Uzbekistan and Public-Private Partnerships: Country Lessons, Republic of Uzbekistan
Source: International Monetary Fund Summary Public-Private Partnerships (PPPs) utilize private sector expertise, risk sharing, management, and financing to improve public investment. However, these benefits also carry risks. Project level risks include poor selection, optimism bias, off-budget financing, and contract renegotiation. Countries can manage these risks by integrating PPPs into the public investment plan, testing assumptions […]
MIL-OSI Russia: Mongolia: Staff Concluding Statement of the 2025 Article IV Mission
Source: IMF – News in Russian June 27, 2025 A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, […]
MIL-OSI Europe: President Karin Keller-Sutter to attend meeting of EU’s Economic and Financial Affairs Council
Source: Switzerland – Department of Foreign Affairs in English On 11 April 2025, Karin Keller-Sutter, President of the Swiss Confederation, will attend the informal meeting of the EU’s Economic and Financial Affairs Council (ECOFIN) in Warsaw. The purpose of the meeting is to promote European exchanges on international financial and tax issues. MIL OSI Europe […]
MIL-OSI Economics: Agriculture negotiations Chair reports on prospects for progress ahead of MC14
Source: WTO Headline: Agriculture negotiations Chair reports on prospects for progress ahead of MC14 Ambassador Hussain told members he had held consultations on market access, domestic support and export restrictions on food as well as on food procurement at administered prices for developing economies’ public stockholding (PSH) programmes, and the proposed new Special Safeguard Mechanism […]
MIL-OSI Economics: Working Group announces Small Business Champions, discusses digitalization and MC14 plan
Source: World Trade Organization Small Business Champions The winners of the 2025 Small Business Champions Competition are Silaiwali (India), a company which empowers women artisans by upcycling waste fabric from garment factories into handcrafted products, and NetZero Pallets (Viet Nam), which specializes in converting biomass into carbon-neutral shipping pallet materials. The fifth edition of the […]
MIL-OSI Economics: Piero Cipollone: The quest for cheaper and faster cross-border payments: regional and global solutions
Source: European Central Bank Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the BIS Annual General Meeting Basel, 27 June 2025 Cross-border retail payments are the subject of increasing attention. This is for two main reasons. First, they play a growing role in the world economy, as international transaction volumes […]