Business – A Roundup of Significant Articles on ForeignAffairs.co.nz for July 9, 2025

Business: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 9, 2025.

MIL-OSI China: US Supreme Court lets Trump pursue mass federal layoffs
Source: People’s Republic of China – State Council News The U.S. Supreme Court on Tuesday lifted a lower court order that had blocked President Donald Trump’s executive order requiring government agencies to lay off hundreds of thousands of federal employees. “Because the government is likely to succeed on its argument that the executive order and […]

MIL-OSI New Zealand: Finance – Comments from Leigh Hodgetts, country manager, Finance and Mortgage Advisers Association of New Zealand (FAMNZ)
Source: Comments from Leigh Hodgetts, country manager, Finance and Mortgage Advisers Association of New Zealand (FAMNZ) Re: RBNZ interest rate decision – “Based on public commentary it does appear that the RBNZ will leave the OCR at 3.25 per cent, however we believe that a rate drop of .25 per cent now, and a similar […]

MIL-OSI Submissions: Asia Pacific – APAC Regulatory Complexity Creates 29% Higher Workload for Multinationals – Mercator
Source: Mercator Digital divide creates efficiency gap for inhouse teams managing cross-border subsidiaries APAC Entities require 29% more management tasks than global average Processing times vary from 11 days to 64 days Board-level activity triple that of European counterparts New Zealand, Singapore and Australia lead regional efficiency rankings. SINGAPORE – Multinational organizations face significantly higher operational […]

MIL-OSI Australia: What Has Australian Macroeconomic Thought Achieved in the Past Century – And Where Can it Contribute in the Next?
Source: Airservices Australia Introduction It is a great honour to address you on the 100th anniversary of the Economics Society of Australia. It’s an honour because, over that past century, Australian thinkers have helped develop some of the most important building blocks in open economy macroeconomics – the branch of economics that seeks to understand […]

MIL-OSI USA: Rep. Estes Joins the John Whitmer Show to Talk One Big, Beautiful Law
Source: United States House of Representatives – Congressman Ron Estes (R-Kansas) Rep. Estes Joins the John Whitmer Show to Talk One Big, Beautiful Law U.S. Congressman Ron Estes (R-Kansas) joined the John Whitmer Show to talk about the One Big Beautiful Bill Act (OBBBA) after President Donald Trump signed it into law on Friday, July […]

MIL-OSI China: Chinese premier says Chinese economy capable of withstanding any external shocks
Source: People’s Republic of China – State Council News Chinese Premier Li Qiang attends a symposium for Chinese enterprises operating in Brazil in Rio de Janeiro, Brazil, July 8, 2025. [Photo/Xinhua] RIO DE JANEIRO, July 8 — Chinese Premier Li Qiang said here Tuesday that the Chinese economy is fully capable of withstanding any external […]

MIL-OSI Security: New York Man Charged with Wire Fraud and Aggravated Identity Theft
Source: Office of United States Attorneys NEWARK, N.J. – A New York man has been charged for engaging in a scheme to defraud multiple lenders by using the personally identifiable information of a Hudson County man to submit fraudulent loan applications to obtain hundreds of thousands of dollars of loans, U.S. Attorney Alina Habba announced. […]

MIL-OSI Security: Woman sentenced for smuggling firearms into Mexico
Source: Office of United States Attorneys BROWNSVILLE, Texas – A 38-year-old Georgia woman has been sentenced today for smuggling several firearms and magazines hidden in a vehicle’s gas tank, announced U.S. Attorney Nicholas J. Ganjei. Mirna Luna pleaded guilty April 1. U.S. District Judge Fernando Rodriguez Jr. has now handed Luna a 46-month term of […]

MIL-OSI USA: What They Are Saying: Lankford Delivers Major Victory for Charitable Giving with Key Tax Provision in One Big Beautiful Bill
US Senate News: Source: United States Senator for Oklahoma James Lankford WASHINGTON, DC — US Senator James Lankford (R-OK), Chairman of the Senate Values Action Team and a member of the Senate Finance Committee, secured an important policy provision for charitable giving in the One Big Beautiful Bill that passed the Senate and was signed into law last week. Lankford led […]

MIL-OSI: 1847 Holdings Initiates Transition to OTCQB Market Following NYSE American Delisting Decision
Source: GlobeNewswire (MIL-OSI) NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — 1847 Holdings LLC (“1847” or the “Company”), a holding company specializing in identifying overlooked, deep-value investment opportunities in middle market businesses, today announced that it has initiated the process to transition the trading of its common shares to the OTCQB® Venture Market, operated by OTC […]

MIL-OSI: MAJC Launches Digital Community Platform for Hospitality Professionals
Source: GlobeNewswire (MIL-OSI) Hingham, MA, July 08, 2025 (GLOBE NEWSWIRE) — MAJC, co-founded by award-winning chef Matt Jennings and tech entrepreneur Andy Coughlin, today announced the official launch of the MAJC Community. This first-of-its-kind digital platform connects and supports hospitality professionals through peer collaboration, expert guidance, and operational tools. Logo of MAJC overlaying a restaurant Built […]

MIL-OSI: Digital Wealth Partners Appoints Max Kahn as Chief Executive Officer
Source: GlobeNewswire (MIL-OSI) Dallas, Texas, July 08, 2025 (GLOBE NEWSWIRE) — Digital Wealth Partners (www.digitalwealthpartners.net), a firm specializing in digital asset investment management, has announced the appointment of Max Kahn as its new Chief Executive Officer. Kahn transitions from his role as Chief Compliance Officer, where he played a pivotal role in shaping the company’s […]

MIL-OSI Russia: The total exhibition area of registered exhibitors at the 8th CIIE exceeded 300 thousand square meters.
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 SHANGHAI, July 8 (Xinhua) — Overseas companies have shown increased interest in the 8th China International Import […]

MIL-OSI: DRML Miner Unveils Zero-Fee Cloud Mining to Supercharge Bitcoin & Litecoin Profits
Source: GlobeNewswire (MIL-OSI) New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — The crypto space just got more exciting. DRML Miner has launched a groundbreaking zero-fee cloud mining service for Bitcoin and Litecoin. Unlike typical platforms that sneak in costs, DRML Miner ensures everything you earn stays in your wallet. This new model is reshaping the […]

MIL-OSI USA: Governor Stein Visits Clyde, Highlights Small Business Infrastructure Grant Program
Source: US State of North Carolina Headline: Governor Stein Visits Clyde, Highlights Small Business Infrastructure Grant Program Governor Stein Visits Clyde, Highlights Small Business Infrastructure Grant ProgramlsaitoTue, 07/08/2025 – 16:55 Raleigh, NC Today Governor Josh Stein visited the Town of Clyde, a recipient of the Small Business Infrastructure Grant program, and met with small business […]

MIL-OSI USA: Remarks of Commissioner Kristin N. Johnson at George Washington University
Source: US Commodity Futures Trading Commission Thank you to the George Washington University Regulatory Studies Center, Roger Nober, Susan Dudley, and the organizers of today’s event for allowing me to join virtually. As many of you are aware, I have spent the last several years engaging regulators and market participants from jurisdictions around the world […]

MIL-OSI Banking: Islamic Republic of Mauritania: Fourth Reviews Under the Arrangements Under the Extended Credit Facility, and the Extended Fund Facility, Third Review Under the Resilience and Sustainability Facility, and Request for Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania
Source: International Monetary Fund International Monetary Fund. Middle East and Central Asia Dept. “Islamic Republic of Mauritania: Fourth Reviews Under the Arrangements Under the Extended Credit Facility, and the Extended Fund Facility, Third Review Under the Resilience and Sustainability Facility, and Request for Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director […]

MIL-OSI: DT Midstream Achieves Investment Grade Rating with All Three Major Credit Rating Agencies
Source: GlobeNewswire (MIL-OSI) DETROIT, July 08, 2025 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) announced today that it has achieved an investment grade rating with all three major credit rating agencies: Fitch Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on October 3, 2024; Moody’s Ratings upgraded DTM’s credit rating to […]

MIL-OSI USA: OmegaPro Founder and Promoter Charged for Running Global $650M Foreign Exchange and Crypto Investment Scam
Source: US State Government of Utah An indictment was unsealed today in the District of Puerto Rico charging two men for their alleged roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of over $650 million. According to court documents, Michael Shannon Sims, 48, of Georgia and Florida, was a […]

MIL-OSI United Kingdom: New champion urges households to have their say on proposed Council Tax changes
Source: City of Plymouth Plymouth’s new Council Tax and benefits champion is urging people to give their views on the Government’s proposals to change key elements of how the tax is administered and collected. Councillor Lewis Allison, who has been appointed to support Councillor Mark Lowry, Cabinet member for Finance, is championing Council Tax and […]