Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 4, 2025.
MIL-OSI USA: Booker Introduces Critical Legislation to Fund Community Violence Intervention
US Senate News: Source: United States Senator for New Jersey Cory Booker WASHINGTON, D.C. – U.S. Senator Cory Booker (D-NJ) introduced the Break the Cycle of Violence Act, legislation that would create a new Office of Community Violence Intervention (CVI) and a new grant program within the Department of Health and Human Services to award $5 billion in […]
MIL-OSI USA: ‘Shameful, Dangerous, and Unforgivable’ | Pingree Statement on Final Passage of Trump’s Megabill
Source: United States House of Representatives – Congresswoman Chellie Pingree (1st District of Maine) Today, after the U.S. House passed the One Big Beautiful Bill Act without any Democratic support, Maine First District Congresswoman Chellie Pingree released the following statement: Today, the House passed the most harmful, heartless, and regressive bill I’ve seen in my time in Congress. […]
MIL-OSI USA: Newhouse Statement on Passage of H.R. 1
Source: United States House of Representatives – Congressman Dan Newhouse (4th District of Washington) Headline: Newhouse Statement on Passage of H.R. 1 WASHINGTON, D.C. – Today, Rep. Dan Newhouse (WA-04) released the following statement upon final House passage of the Senate-amended H.R. 1. The legislation, which passed 218-214 now goes to President Trump’s desk to be […]
MIL-OSI USA: Rep. Moore Votes “Yes” on One Big Beautiful Bill – Legislation Headed to President’s Desk
Source: United States House of Representatives – Representative Riley Moore (WV-02) Washington, D.C. – Today, the House of Representatives passed the final amended version of H.R. 1, the One Big Beautiful Bill Act. Congressman Riley M. Moore voted “Yes” on the legislation. Congressman Moore issued the following statement: “In November, the American people gave President […]
MIL-OSI Economics: Bahrain Sees Robust Pipeline of Financial Institutions: 16 New Financial Institutions Licensed, 52 in Progress Surge of new financial institutions Reinforces Bahrain’s Regional Financial Hub Status
Source: Central Bank of Bahrain Bahrain Sees Robust Pipeline of Financial Institutions: 16 New Financial Institutions Licensed, 52 in Progress Surge of new financial institutions Reinforces Bahrain’s Regional Financial Hub Status Published on 3 July 2025 Manama, Bahrain – 3 July 2025: The Central Bank of Bahrain (CBB) has reported a significant increase in financial […]
MIL-OSI USA: The One, Big, Beautiful Bill delivers on President Trump’s promises to the American people. It secures massive tax cuts for American families and businesses, complete border security, a supercharged economy, and accountability in taxpayer-funded programs,
Source: United States House of Representatives – Representative Dale Strong (Alabama) WASHINGTON – Today, Representative Dale W. Strong (AL-05) issued the following statement after final passage of the One Big Beautiful Bill Act. “The One, Big, Beautiful Bill delivers on President Trump’s promises to the American people. It secures massive tax cuts for American families […]
MIL-OSI USA: Letlow Statement on Passage of Trump Agenda
Source: United States House of Representatives – Congresswoman Julia Letlow (LA-05) WASHINGTON, D.C. – Congresswoman Julia Letlow released the following statement on congressional passage of President Trump’s One Big Beautiful Bill. “With passage of President Trump’s pro-family agenda, we have provided tax relief for the middle class and saved every American from a tax increase. Our […]
MIL-OSI USA: U.S. Rep. Castor Statement on Republicans’ Big Ugly Bill That Will Inflict Outsized Harm & Raise Costs on Floridians
Source: United States House of Representatives – Reprepsentative Kathy Castor (FL14) WASHINGTON, D.C. – Today, U.S. Rep. Kathy Castor (FL-14) blasted the House Republican “Big Ugly Bill” that will rip health care coverage, food and Pell grants away from tens of millions of Americans, including children, seniors, Veterans and people with disabilities – all to give massive tax breaks to the wealthiest […]
MIL-OSI USA: Grothman Celebrates Historical Wins in the One Big Beautiful Bill
Source: United States House of Representatives – Congressman Glenn Grothman (R-Glenbeulah 6th District Wisconsin) Congressman Glenn Grothman (WI-06) celebrated major victories today following the House passage of the One Big Beautiful Bill Act, a landmark reconciliation bill that advances President Trump’s America First agenda, delivers crucial tax relief, and reins in waste, fraud, and abuse […]
MIL-OSI USA: Griffith Statement on House Passage of Reconciliation Bill
Source: United States House of Representatives – Congressman Morgan Griffith (R-VA) The U.S. House of Representatives voted and passed Senate Amendment to H.R. 1, the budget reconciliation bill. This reconciliation package goes to President Trump to be signed into law. Following passage of the bill, U.S. Congressman Morgan Griffith (R-VA) issued the following statement: “Today, […]
MIL-OSI Economics: Austria: 2025 Article IV Consultation-Press Release; and Staff Report
Source: International Monetary Fund Summary The Austrian economy faces a challenging environment following two successive years of recession. Adverse shocks from high energy prices and the rapid rise in interest rates to curtail subsequent inflation have dragged down domestic and external demand, as have heightened uncertainty and weak sentiment. The downturn in activity has been […]
MIL-OSI Canada: Supporting economic growth in rural communities
Source: Government of Canada regional news (2) Indigenous and small communities play a vital role in the province’s economy. Working together with non-profits, they tap into opportunities and address unique challenges to help rural Alberta grow its economic footprint. To support local projects that promote innovation and sustainable economic growth across the province, Alberta’s government […]
MIL-OSI Russia: Press Briefing Transcript: IMF Executive Board Completes Fourth Review of Sri Lanka’s Extended Fund Facility
Source: IMF – News in Russian July 3, 2025 PARTICIPANTS: Evan Papageorgiou, Mission Chief for Sri Lanka, IMF Martha Tesfaye Woldemichael, Resident Representative in Sri Lanka, IMF MODERATOR: Randa Elnagar, Senior Communications Officer * * * * * Ms. Elnagar: Good morning, everyone and to those joining us from Washington and good evening to those […]
MIL-OSI USA: Feenstra Votes to Pass “One, Big, Beautiful Bill,” Heads to President Trump for Signature
Source: United States House of Representatives – Representative Randy Feenstra (IA-04) WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement after voting to pass President Trump’s “One, Big, Beautiful Bill.” It now heads to President Trump’s desk for his signature. “President Trump’s ‘One, Big, Beautiful Bill’ is the largest tax cut for […]
MIL-OSI Economics: WTO announces new cohort of Young Trade Leaders for 2025
Source: World Trade Organization Aim of the Young Trade Leaders Programme The Young Trade Leaders Programme was launched in 2024 to bring young people closer to the work of the WTO. By creating a global network of enthusiastic young trade leaders, it aims at promoting a better understanding of the WTO’s role in supporting international […]
MIL-OSI Economics: With Trump’s Signature, the One Big Beautiful Bill Will Restore Certainty for the Gulf of America
Source: National Ocean Industries Association – NOIA Headline: With Trump’s Signature, the One Big Beautiful Bill Will Restore Certainty for the Gulf of America For Immediate Release: Thursday, July 3, 2025NOIA .org With Trump’s Signature, the One Big Beautiful Bill Will Restore Certainty for the Gulf of America Washington, D.C. – National Ocean Industries Association (NOIA) President […]
MIL-OSI Economics: Academic collaboration in focus as WTO Chairs Programme looks ahead to MC14
Source: WTO Headline: Academic collaboration in focus as WTO Chairs Programme looks ahead to MC14 Since its launch in 2010, the WTO Chairs Programme has supported academic institutions in trade-related research, curriculum development and policy outreach. This year, the programme welcomed five new universities – from the Dominican Republic, Nigeria, Qatar, Togo and Vanuatu – […]
MIL-OSI Economics: Thales and Kista Science City team up to boost Swedish trust tech startups
Source: Thales Group Headline: Thales and Kista Science City team up to boost Swedish trust tech startups As a global leader in cybersecurity, data protection and AI, Thales continues to drive its open innovation strategy by reinforcing its commitment to the rapidly growing cybersecurity market. Cybersecurity is not only a priority market for Thales but […]
MIL-OSI Economics: WTO monitoring highlights sharp rise in tariffs alongside search for negotiated solutions
Source: World Trade Organization Released on 3 July, the mid-year update to the Secretariat’s now-annual Trade Monitoring Report provides an overview of trade and trade-related policy developments from mid-October 2024 to mid-May 2025. Commenting on the findings, WTO Director-General Ngozi Okonjo-Iweala said: “This Trade Monitoring Update reflects the disruptions we have been seeing in the […]
MIL-OSI Economics: Meeting of 3-5 June 2025
Source: European Central Bank Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Tuesday, Wednesday and Thursday, 3-5 June 2025 3 July 2025 1. Review of financial, economic and monetary developments and policy options Financial market developments Ms Schnabel started her presentation by […]