Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for July 4, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 4, 2025.

MIL-OSI Economics: African Development Bank awards $1 million grant to support green skills development for South Africans, with focus on youth
Source: African Development Bank Group The African Development Bank, through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts to build a dynamic, demand-led skills ecosystem that enables South Africans, particularly young people, to access emerging job… MIL OSI Economics […]

MIL-OSI Economics: African Development Bank awards $1 million grant to support green skills development for South Africans, with focus on youth
Source: African Development Bank Group The African Development Bank, through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts to build a dynamic, demand-led skills ecosystem that enables South Africans, particularly young people, to access emerging job… MIL OSI Economics […]

MIL-OSI USA: Remarks as prepared for delivery by Dr. Josh Cowen, Friend of Education Award winner, to the 104th Representative Assembly
Source: US National Education Union Thank you President Pringle. Thanks to the Friend of Education Award Committee. And thanks most of all to you educators out there working hard for kids and families in public schools across the country. I want to give a special shout-out to the Michigan delegation for the work you do […]

MIL-OSI United Kingdom: Summer blitz on town centre crime
Source: United Kingdom – Government Statements Press release Summer blitz on town centre crime Over 500 town centres have signed up to the Home Secretary’s Safer Streets summer blitz that will see increased police patrols and local action . Thousands of shoppers and businesses will see increased police presence, stronger prevention and enforcement action by […]

MIL-OSI USA News: Establishing the President’s Make America Beautiful Again Commission
Source: US Whitehouse By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:  Section 1.  Purpose.  The United States is blessed with vast beautiful landscapes, abundant natural resources, and a rich heritage of discovery by travelers and outdoorsmen.  America’s national parks, forests, waterways, […]

MIL-OSI USA News: Fact Sheet: President Donald J. Trump Establishes Make America Beautiful Again Commission
Source: US Whitehouse MAKING AMERICA BEAUTIFUL AGAIN: Today, President Donald J. Trump signed an Executive Order establishing the Make America Beautiful Again (MABA) Commission to conserve America’s lands and waters, cut red tape, and drive conservation and economic growth. The MABA Commission will be chaired by Secretary of the Interior Doug Burgum and comprised of […]

MIL-OSI USA: We Have Only Just Begun
US Senate News: Source: United States Senator for Wisconsin Ron Johnson On July 1, after the longest vote-a-rama in Senate history, the Senate passed the One Big Beautiful Bill Act by a vote of 51-50. Here is why I voted yes.  With President Biden in the White House and majorities in both chambers of Congress, Democrats had every […]

MIL-OSI USA: LaLota Delivers $5,000+ SALT Relief, Cuts Middle-Class Taxes, Protects Social Security, and Strengthens Long Island’s Economy
Source: US Representative Nick LaLota (NY-01) WASHINGTON, D.C. — Congressman Nick LaLota (R–Suffolk County) released the following statement after voting to pass H.R. 1 – the One Big, Beautiful Bill Act, a sweeping legislative package that delivers the most significant tax relief for the middle class in a generation, includes historic investments in national security […]

MIL-OSI Economics: Press Briefing Transcript: Julie Kozack, Director, Communications Department, July 3, 2025
Source: International Monetary Fund July 3, 2025 SPEAKER:  Ms. Julie Kozack, Director of the Communications Department, IMF MS. KOZACK: Good morning, everyone, and welcome to the IMF Press Briefing. It’s wonderful to see all of you, both those of you here in person and, of course, colleagues online as well. I’m Julie Kozack, Director of the […]

MIL-OSI Russia: Press Briefing Transcript: Julie Kozack, Director, Communications Department, July 3, 2025
Source: IMF – News in Russian July 3, 2025 SPEAKER:  Ms. Julie Kozack, Director of the Communications Department, IMF MS. KOZACK: Good morning, everyone, and welcome to the IMF Press Briefing. It’s wonderful to see all of you, both those of you here in person and, of course, colleagues online as well. I’m Julie Kozack, Director […]

MIL-OSI USA: Secretary Chavez-DeRemer statement on June jobs report
Source: US Department of Labor WASHINGTON – U.S. Secretary of Labor Lori Chavez-DeRemer issued the following statement regarding the June 2025 Employment Situation Report: “Last month’s strong jobs numbers show that our economy continues to surge under President Trump’s leadership. Month after month, economic indicators confirm that the great American comeback is in full swing. […]

MIL-OSI Australia: Albanese Government backs bold ideas to solve real-world challenges
Source: Murray Darling Basin Authority From solar-powered hydrogen reactors to wi-fi that works deep underground, 39 research projects have been awarded support through the Albanese Government’s Australia’s Economic Accelerator (AEA) Innovate program. More than $93 million in grants has been awarded to projects including: A cleaner energy future – The University of Adelaide is working […]

MIL-OSI USA: Next Stop, POTUS’ Desk: Ezell Votes In Support of the One Big Beautiful Bill
Source: United States House of Representatives – Congressman Mike Ezell (Mississippi 4th District) Today, U.S. Representative Mike Ezell (MS-04) proudly voted in favor of the One Big Beautiful Bill Act, a sweeping legislative package that delivers on President Donald Trump’s America First agenda by cutting taxes, securing the border, unleashing American energy, and protecting taxpayer dollars. “This […]

MIL-OSI Economics: Boeing Secures $2.8B Contract to Enhance U.S. Strategic SATCOM Capabilities
Source: Boeing Headline: Boeing Secures $2.8B Contract to Enhance U.S. Strategic SATCOM Capabilities – U.S. Space Force award for development and production of two satellites with options for two more, to deliver resilient space-based nuclear, command, control, and communications (NC3) for the President of the United States and joint strategic forces worldwide MIL OSI Economics […]

MIL-OSI USA: Kaptur Defends Ohio’s Working Families, Seniors, Veterans, Votes No On “One Big Bonanza for Billionaires Bill”
Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09) Washington, DC – Congresswoman Marcy Kaptur (OH-09) voted against H.R. 1, citing its severe impact on working families, seniors, veterans, and the regional economy of Northwest Ohio. The bill prioritizes tax breaks for the ultra-wealthy while enacting the most damaging cuts to health care, food assistance, […]

MIL-OSI Russia: Islamic Republic of Mauritania: IMF Executive Board Completes Fourth Reviews of the Extended Arrangement under the Extended Credit Facility and the Extended Fund Facility Arrangement and Third Review of the Resilience and Sustainability Facility Arrangement
Source: IMF – News in Russian July 3, 2025 The Executive Board of the International Monetary Fund (IMF) concluded the Fourth Reviews of Mauritania’s Extended Credit Facility and the Extended Fund Facility arrangements, and the Third Review under the Resilience and Sustainability Facility Arrangement. The decisions allow for an immediate disbursement of SDR 36.16 million […]

MIL-OSI Economics: Press Briefing Transcript: IMF Executive Board Completes Fourth Review of Sri Lanka’s Extended Fund Facility
Source: International Monetary Fund 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 who are […]

MIL-OSI USA: Warnock Celebrates Middle GA State’s Certification to Tackle Air Traffic Controller Shortage
US Senate News: Source: United States Senator Reverend Raphael Warnock – Georgia Warnock Celebrates Middle GA State’s Certification to Tackle Air Traffic Controller Shortage Today, Senator Reverend Warnock applauded the announcement that Middle Georgia State University (MGA) was recently approved to be an Enhanced Collegiate Training Initiative (CTI) school The designation allows graduates of MGA’s air […]

MIL-OSI Banking: Press Briefing Transcript: IMF Executive Board Completes Fourth Review of Sri Lanka’s Extended Fund Facility
Source: International Monetary Fund 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 who are […]

MIL-OSI USA: REP LIEU VOTED NO ON TRUMP BILL TO CUT MEDICARE AND MEDICAID
Source: United States House of Representatives – Congressman Ted Lieu (33 District of California) WASHINGTON – Today, Congressman Ted W. Lieu (D-Los Angeles County) issued the following statement after voting against Donald Trump’s Big Ugly Bill, H.R. 1. The bill passed the House 218-214 and will now be signed into law. In California, more than […]