Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 7, 2025.
MIL-OSI United Kingdom: Workers in line for £29,000 boost thanks to landmark Pensions Bill
Source: United Kingdom – Executive Government & Departments Press release Workers in line for £29,000 boost thanks to landmark Pensions Bill The Bill is set to transform the pensions landscape for years to come and put more money in people’s pockets as part of the Plan for Change Pension Schemes Bill could boost returns to […]
MIL-Evening Report: Just $7 extra per person could prevent 300 suicides a year. Here’s exactly where to spend it
Source: The Conversation (Au and NZ) – By Karinna Saxby, Research Fellow, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne xinlan/Shutterstock Medicare spending on mental health services varies considerably depending on where in Australia you live, our new study shows. We found areas with lower Medicare spending on out-of-hospital mental health […]
MIL-Evening Report: We don’t need deep-sea mining, or its environmental harms. Here’s why
Source: The Conversation (Au and NZ) – By Justin Alger, Associate Professor / Senior Lecturer in Global Environmental Politics, The University of Melbourne Potato-sized polymetallic nodules from the deep sea could be mined for valuable metals and minerals. Carolyn Cole / Los Angeles Times via Getty Images Deep-sea mining promises critical minerals for the energy […]
MIL-OSI Economics: New Development Bank’s Board of Governors Convened its 10th Annual Meeting in Rio de Janeiro
Source: New Development Bank On July 5, 2025, the Board of Governors (Board, BoG) of the New Development Bank (NDB) convened the Business Session of its Tenth Annual Meeting in Rio de Janeiro, Brazil, under the theme of “Driving Development: Fostering Innovation, Cooperation, and Impact through a Multilateral Development Bank for the Global South”. The […]
Good catching up with my friend: PM Modi meets South African President Ramaphosa
Source: Government of India Source: Government of India (4) Prime Minister Narendra Modi met South African President Cyril Ramaphosa in Rio de Janeiro on Sunday on the sidelines of the BRICS summit, shortly before Ramaphosa backed his call for reform of the United Nations Security Council. “Good catching up with my friend, President Ramaphosa of […]
MIL-OSI Russia: China ready to advance flagship project within Belt and Road, stimulate trade and investment with Ethiopia – Premier of State Council of China /more details/
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – An important disclaimer is at the bottom of this article. Source: People’s Republic of China – State Council News RIO DE JANEIRO, July 6 (Xinhua) — China is willing to work with Ethiopia to promote the […]
MIL-OSI: XRP Ecosystem Enters a New Era as PFMCrypto Launches Revolutionary Smart Cloud Mining Contracts with Daily XRP Rewards
Source: GlobeNewswire (MIL-OSI) Farington, England, July 06, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem gains global traction, PFMCrypto is proud to unveil a major advancement in accessible crypto mining: the official launch of XRP-focused cloud mining contracts. Now available on both web and mobile platforms, these flexible short-term contracts allow users to mine XRP […]
MIL-OSI Submissions: Rural hospitals will be hit hard by Trump’s signature spending package
Source: The Conversation – USA (3) – By Lauren S. Hughes, State Policy Director, Farley Health Policy Center; Associate Professor of Family Medicine, University of Colorado Anschutz Medical Campus Health policy experts predict that cuts to Medicaid will push more rural hospitals to close. sneakpeekpic via iStock / Getty Images Plus The public health provisions […]
MIL-OSI Africa: Call for urgent reform of international governance structures
Source: Government of South Africa By Gabi Khumalo Rio de Janeiro, Brazil – President Cyril Ramaphosa has called for enhanced global cooperation and urgent reform of international governance structures amid the “dramatic reshaping of global dynamics-politically, economically, technologically, and environmentally”. Speaking during the opening of the 17th BRICS Summit, currently underway in Rio de Janeiro, […]
MIL-OSI New Zealand: Tech founders get keys to home ownership with BNZ’s new home loan solution
Source: BNZ Statements Tech founders creating innovative, high growth companies can face a surprising obstacle outside the startup ecosystem – they frequently struggle to secure home loans. Bank of New Zealand (BNZ) has addressed this challenge with the launch of Founder Housing: a new home loan solution designed specifically for tech entrepreneurs. The new proposition […]
BRICS nations urge advanced economies to scale up climate finance for developing countries
Source: Government of India Source: Government of India (4) BRICS member nations have called on advanced economies and the international financial system to provide “substantial” financing to support climate mitigation efforts in developing economies. “We call on advanced economies and other relevant actors in the international financial system, as well as the private sector, to […]
BRICS expands footprint, eyes stronger Global South cooperation under Brazil’s 2025 chairship
Source: Government of India Source: Government of India (4) The BRICS grouping, which brings together major emerging economies, has continued to expand its global footprint, adding new members and partners while outlining ambitious plans to deepen cooperation across sectors under Brazil’s ongoing chairship in 2025. Originally coined as BRIC by Goldman Sachs in 2001 in […]
PM Modi arrives at Rio Museum to attend BRICS Summit
Source: Government of India Source: Government of India (4) Prime Minister Narendra Modi was welcomed by Brazilian President Luiz Inácio Lula da Silva at the Museum of Modern Art in Rio de Janeiro on Sunday as he arrived to attend the 17th BRICS Leaders Summit. The Prime Minister will join other BRICS leaders to deliberate […]
MIL-OSI Analysis: ‘Big’ legislative package shifts more of SNAP’s costs to states, saving federal dollars but causing fewer Americans to get help paying for food
Source: The Conversation – USA (2) – By Tracy Roof, Associate Professor of Political Science, University of Richmond People shop for food in Brooklyn in 2023 at a store that makes sure that its customers know it accepts SNAP benefits, also known as food stamps and EBT. Spencer Platt/Getty Images The legislative package that President […]
MIL-OSI: Personal Loans for Fair Credit Upto $5,000 Direct Lenders Guaranteed Approval By Loans At Last
Source: GlobeNewswire (MIL-OSI) New York City, NY, July 06, 2025 (GLOBE NEWSWIRE) — As economic pressures continue to challenge U.S. households, many consumers with mid-tier credit scores are turning to personal loans for fair credit to manage unexpected expenses, consolidate debt, or fund necessary purchases. These loans provide structured repayment terms that may be more […]
MIL-OSI Africa: President highlights investment opportunities at SA-Austria Business Forum
Source: Government of South Africa President Cyril Ramaphosa has reaffirmed South Africa’s commitment to strengthening bilateral trade and investment ties with Austria, highlighting a range of mutually beneficial opportunities across key economic sectors. Speaking at the South Africa-Austria Business Forum in Pretoria on Friday, President Ramaphosa underscored the importance of deepening economic collaboration between the […]
Defence Minister Rajnath Singh to inaugurate Controllers’ Conference 2025 on July 7
Source: Government of India Source: Government of India (4) Defence Minister Rajnath Singh will inaugurate the Controllers’ Conference 2025, hosted by the Defence Accounts Department (DAD), on July 7 at DRDO Bhawan, New Delhi. The three-day conference, from July 7 to 9, will bring together India’s top defence and financial leadership to chart the future […]
MIL-OSI Africa: Child labour numbers rise in homes where adults are jobless – South African study
Source: The Conversation – Africa – By Derek Yu, Professor, Economics, University of the Western Cape Child labour is a big concern across the world. It is particularly acute in countries in the global south, where it is estimated that about 160 million children are engaged in child labour, about 87 million of them in […]
MIL-OSI Submissions: Child labour numbers rise in homes where adults are jobless – South African study
Source: The Conversation – Africa – By Derek Yu, Professor, Economics, University of the Western Cape Child labour is a big concern across the world. It is particularly acute in countries in the global south, where it is estimated that about 160 million children are engaged in child labour, about 87 million of them in […]
MIL-OSI China: Unicorns, gazelles, little giants: Tech startups thrive in ‘fund jungle’
Source: People’s Republic of China – State Council News In a high-stakes race to pursue next-generation technologies, Chinese startups specializing in artificial intelligence, autonomous driving, and advanced manufacturing are gaining momentum through a novel but supportive financing model called the “fund jungle.” This ecosystem — a dense network of government-led investment funds, venture capital and […]