Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 8, 2025.
MIL-OSI China: Chinese premier calls for commitment to building open world economy
Source: People’s Republic of China – State Council News RIO DE JANEIRO, July 7 — Chinese Premier Li Qiang on Monday called for commitment to building an open world economy, and urged the importance of opposing unilateralism and protectionism. In his remarks addressing the plenary sessions of the 17th BRICS Summit, Li also stressed the […]
MIL-OSI Canada: Province boosts tax credit for game developers
Source: Government of Canada regional news Diana Gibson, Minister of Jobs, Economic Development and Innovation – “B.C.’s digital sector and gaming industry ranges from massive corporations to small, dedicated teams. We are building an ecosystem where everyone can thrive and compete globally. With this increased tax credit, our groundbreaking Integrated Marketplace Initiative, and events like Web […]
MIL-OSI USA: Hickenlooper, Bennet, Colleagues Fight for Tax Equality for Married LGBTQ+ Couples
US Senate News: Source: United States Senator for Colorado John Hickenlooper Bipartisan bill would retroactively give refunds to same-sex married couples who were denied the chance to lower taxes by filing jointly WASHINGTON – U.S. Senators John Hickenlooper and Michael Bennet recently joined 43 of their Senate colleagues to reintroduce the bipartisan Refund Equality Act […]
MIL-Evening Report: Australia is set to get more AI data centres. Local communities need to be more involved
Source: The Conversation (Au and NZ) – By Bronwyn Cumbo, Transdisciplinary social researcher and lecturer, University of Technology Sydney A Google data centre in Hertfordshire, United Kingdom. Richard Newstead/Getty Data centres are the engines of the internet. These large, high-security facilities host racks of servers that store and process our digital data, 24 hours a […]
MIL-OSI United Nations: Secretary-General’s remarks to the 17th BRICS Summit Session on “Environment, COP 30 and Global Health” [as delivered]
Source: United Nations secretary general President Lula, Distinguished Heads of State and Government, and Representatives, Dear colleagues, Ladies and Gentlemen, Our environment is being attacked on all fronts: Pollution poisoning land and water. Biodiversity destroyed at an appalling rate. And of course, the climate crisis. Across the world, lives and livelihoods are being ripped apart, and sustainable development […]
MIL-OSI USA: Feenstra Celebrates President Trump Signing “One, Big, Beautiful Bill” into Law
Source: United States House of Representatives – Representative Randy Feenstra (IA-04) WASHINGTON, D.C. — On Friday July 4th, U.S. Rep. Randy Feenstra (R-Hull) released the following statement after attending the signing ceremony for President Trump’s “One, Big, Beautiful Bill.” “It was an honor to be watch President Trump sign into law the ‘One, Big, Beautiful […]
MIL-OSI Africa: Kingdom of Lesotho: Staff Concluding Statement of the 2025 Article IV Mission
Source: APO . Against a backdrop of low growth, high unemployment, and widespread poverty, Lesotho’s government-led growth model has long struggled to deliver on the authorities’ growth and development goals. Now, an additional set of external shocks has further clouded the outlook. From a modest peak of 2.6 percent in FY24/25, GDP growth is expected […]
MIL-Evening Report: A top court has urged nations to clamp down on fossil fuel production. When will Australia finally start listening?
Source: The Conversation (Au and NZ) – By Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney GREG WOOD/AFP via Getty Images As Climate Change and Energy Minister Chris Bowen tours the Pacific this week to spruik his government’s commitment to climate action, fossil fuel exporters such as Australia are under unprecedented […]
MIL-OSI USA: Jayapal Statement on Termination of TPS for Honduras, Nicaragua
Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington) SEATTLE, WA — U.S. Representative Pramila Jayapal, Ranking Member of the Subcommittee on Immigration, Integrity, Security, and Enforcement, released the following statement regarding the Trump Administration’s decision to terminate Temporary Protected Status (TPS) for Hondurans and Nicaraguans: “The purpose of the […]
MIL-OSI USA: Rosen Condemns Trump Administration’s Cancelling of TPS Protections for Nicaraguans and Hondurans
US Senate News: Source: United States Senator Jacky Rosen (D-NV) WASHINGTON, DC – Today, U.S. Senator Jacky Rosen (D-NV) released a statement following new reporting on the Trump Administration’s decision to end Temporary Protected Status (TPS) for tens of thousands of immigrants from Nicaragua and Honduras—putting them at risk of deportation and tearing families apart. […]
MIL-OSI Africa: Call for stronger BRICS, G20 synergy to champion developing nations
Source: Government of South Africa By Gabi Khumalo Rio de Janeiro, Brazil – President Cyril Ramaphosa says Brazil’s leadership of BRICS and COP30, together with South Africa’s Presidency of the G20, provides a unique opportunity to send a strong signal of unity and solidarity in support of the rights and interests of developing economy countries. […]
MIL-OSI USA: Attorney General Bonta: ICE and CBP Must End Unlawful Practices in Los Angeles Immediately
Source: US State of California OAKLAND – California Attorney General Rob Bonta today led a multistate coalition in submitting an amicus brief in Vasquez Perdomo et al. v Noem et al., supporting plaintiffs seeking a temporary restraining order to enjoin the United States Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) from engaging in unconstitutional and unlawful stops of Los Angeles residents during immigration […]
MIL-OSI Video: Texas, Ukraine, Russia & other topics – Daily Press Briefing (7 July 2025) | United Nations
Source: United Nations (video statements) Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General. Highlights: Secretary-General/BRICS Deputy Secretary-General Texas Ukraine / Russia Occupied Palestinian Territory Sudan South Sudan Syria Haiti Myanmar Kiswahili Language Day Financial Contribution SECRETARY-GENERAL/BRICS The Secretary-General is in Rio de Janeiro, in Brazil, where he is attending the 17th Summit of the […]
MIL-OSI USA: ICYMI: Cassidy Warns of Looming Social Security Insolvency in WSJ
US Senate News: Source: United States Senator for Louisiana Bill Cassidy WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) penned a letter to the editor in the Wall Street Journaloutlining his “Big Idea” to save Social Security from insolvency and calling on Congress to join him in addressing the threat before the program collapses. Cassidy’s letter follows the […]
Climate justice a “moral obligation”: PM Modi urges fair tech access and finance for developing nations at BRICS Summit
Source: Government of India Source: Government of India (4) Prime Minister Narendra Modi on Monday underscored India’s commitment to climate action and equitable health security, calling for urgent technology transfer and affordable financing for developing nations to bridge the gap between climate ambition and action. Addressing a session on ‘Environment, COP-30 and Global Health’ at […]
MIL-OSI Russia: Kingdom of Lesotho: Staff Concluding Statement of the 2025 Article IV Mission
Source: IMF – News in Russian July 7, 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: New boost for Regional Resilience Fund rollout, financing affordable housing, urban development and sustainable tourism
Source: European Investment Bank ©VicaPhoto/ Shutterstock The EIB has announced the signature of agreements with Arcano Partners and Buenavista Infrastructure totalling €410 million. The agreements will channel new funding to urban development projects (including those promoting affordable housing) and others related to sustainable tourism. The funds come from the Regional Resilience Fund financed by NextGenerationEU and […]
MIL-OSI Europe: Answer to a written question – Strengthening EU support for Cyprus in market surveillance of electrical appliances – E-001416/2025(ASW)
Source: European Parliament 1. Member States are responsible for organising and carrying out market surveillance as provided for in Regulation (EU) 2019/1020 on market surveillance and product compliance[1]. The Commission helps with coordination and advice, e.g. through the EU Product Compliance Network, and with joint actions. The Commission also designates EU testing facilities[2]. 2. Most unsafe products are sold […]
MIL-OSI Economics: Your Privacy, Secured: Inside the Tech Powering More Secure, Personalised Galaxy AI Experiences
Source: Samsung The potential of AI is limitless, but to truly unlock the full potential of what it can do, user inputs that power personalised experiences are critical. AI needs to understand you — your preferences and your routines — to deliver a mobile experience that feels like a natural extension of your everyday life. […]
MIL-OSI New Zealand: Green Economics – ASB and Cogo launch online energy calculator to help customers save thousands a year by switching to electric
Source: ASB ASB has partnered with global carbon management fintech Cogo to launch a new online calculator which enables Kiwis to measure, understand and optimise the efficiency of their home and vehicle, helping to lower costs, while making their homes more sustainable. When homeowners are ready to upgrade, they can use the Better Energy Calculator […]