Economy – A Roundup of Significant Articles on ForeignAffairs.co.nz for July 12, 2025

Economy: Here is a summary of significant articles published on ForeignAffairs.co.nz on July 12, 2025.

MIL-OSI: First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025
Source: GlobeNewswire (MIL-OSI) MOUNTAIN GROVE, Mo., July 11, 2025 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its unaudited financial results for the quarter ended June 30, 2025. For the second quarter of 2025, the Company reported after-tax net income of $1,824,000 or $0.75 per […]

MIL-OSI Submissions: Africa – ATIDI Guarantee Backs Lending Consortium Led by BPR Bank Rwanda plc for Rwanda’s New International Airport, Boosting Regional Trade and Integration
Source: Media Fast ·       ATIDI has approved a USD $84 million counter-guarantee to support issuance of bonds and guarantees for the construction of Rwanda’s New International Airport in Bugesera District.·       BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent, leads a consortium of lenders enabling the […]

MIL-OSI United Kingdom: Island Games come to Scotland
Source: Scottish Government Games are part of a four-year pipeline of major events. The largest event ever hosted in Orkney begins today, as part of four years of international sport in Scotland which are expected to attract tens of thousands of visitors and provide a significant economic boost. Orkney is welcoming more than 1,600 athletes […]

MIL-OSI China: SCO digital economy forum highlights new cooperation horizons
Source: People’s Republic of China – State Council News TIANJIN, July 11 — The 2025 Shanghai Cooperation Organization (SCO) Digital Economy Forum was held in north China’s Tianjin Municipality on Friday, highlighting new horizons for cooperation among SCO member states. Liu Liehong, head of the National Data Administration (NDA), said at the forum that SCO […]

MIL-OSI Canada: June Labour Force Survey: Minister Schow
Source: Government of Canada regional news (2) “Alberta is leading Canada in job growth, with more than 51,000 full-time jobs added in June 2025. With changes in part-time jobs included, this is a net gain of 30,000 jobs for Albertans. This is welcome news, and proof that our plan to grow Alberta’s economy is working […]

MIL-OSI Canada: Minister Tim Hodgson at the Closing Press Conference,  2025 Energy and Mines Ministers’ Conference (EMMC), July 11, 2025
Source: Government of Canada News Good afternoon, everyone. Bonjour. I want to begin by acknowledging the current wildfire situation in Manitoba, and particularly those from Snow Lake and Garden Hill who have been evacuated. The Canadian Armed Forces are on the ground assisting with these emergencies, and my heart goes out to every person in […]

MIL-OSI Canada: Minister’s statement on the official opening of Dome Mountain gold mine
Source: Government of Canada regional news Jagrup Brar, Minister of Mining and Critical Minerals, has released the following statement in recognition of the official opening of Dome Mountain mine: “I want to celebrate a special occasion. The Dome Mountain mine is officially commencing operations. I am thrilled to congratulate Blue Lagoon Resources, a mining company […]

MIL-OSI Economics: Joint Trades Letter re: Expeditious Consideration of DOI Nominees
Source: Independent Petroleum Association of America Headline: Joint Trades Letter re: Expeditious Consideration of DOI Nominees Jul 10, 2025 Joint Trades Letter re: Expeditious Consideration of DOI Nominees Posted at 17:16h in Letters and Comments by Jennifer Pett Dear Leader Thune, Leader Schumer, Chairman Lee, and Ranking Member Heinrich: We write to express our gratitude […]

MIL-OSI Russia: SCO Forum on Digital Economy 2025 Opens New Horizons for Cooperation
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 TIANJIN, July 11 (Xinhua) — The Shanghai Cooperation Organization (SCO) Digital Economy Forum 2025 was held in […]

MIL-OSI USA: Rep. Hoyle Joins Oregon Delegation to Urge Release of Critical Fishery Disaster Funding
Source: US Representative Val Hoyle (OR-04) July 11, 2025 Lawmakers press the Trump Administration to act quickly to unlock $7 million intended to help Oregon’s ocean commercial fishermen recover from significant economic losses from declining salmon populations For Immediate Release: July 11, 2025  EUGENE, OR – Oregon’s U.S. Representative Val Hoyle (OR-04), alongside U.S. Senators Ron […]

MIL-OSI USA: Alongside Renters Rights Groups, Rep. Maxwell Frost Announces Two Bills to Empower Working Renters
Source: United States House of Representatives – Representative Maxwell Frost Florida (10th District) July 11, 2025 Frost’s End Junk Fees for Renters Act and End Tenant Credit Screening Act Work to Breakdown Hurdles for Renters Watch the Press Conference Here ORLANDO, FL — As Florida and the country grapple with rising costs, a worsening economy, […]

MIL-OSI: AI Mining Takes on Ripple’s XRP: PFMCrypto Launches Zero-Hardware XRP Cloud Mining with Daily Rewards
Source: GlobeNewswire (MIL-OSI) New York, NY, July 11, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem gains global momentum, PFMCrypto is proud to introduce a major leap in accessible crypto mining: the 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: Solitron Devices, Inc. Announces Fiscal 2026 First Quarter Results
Source: GlobeNewswire (MIL-OSI) WEST PALM BEACH, Fla., July 11, 2025 (GLOBE NEWSWIRE) — Solitron Devices, Inc. (OTC Pink: SODI) (“Solitron” or the “Company”) is pleased to announce fiscal 2026 first quarter results.  FISCAL 2026 FIRST QUARTER HIGHLIGHTS – Net sales decreased 32% to approximately $2.70 million in the fiscal 2026 first quarter versus $3.97 million […]

MIL-OSI: DRML Miner Launch Marks New Era as Bitcoin Surges Past $116K
Source: GlobeNewswire (MIL-OSI) New York, NY, July 11, 2025 (GLOBE NEWSWIRE) — Bitcoin has lately hit the amazing landmark of $116,000, this marks an incredibly important milestone in finance history. I don’t think this milestone is merely a price, representing further entrenchment and acceptance of Bitcoin and cryptocurrencies in a global economy. A price above […]

MIL-OSI Canada: New habitat-protection measures support caribou in northeastern B.C.
Source: Government of Canada regional news The B.C. government, Fort Nelson First Nation and the B.C. Energy Regulator (BCER) are working collaboratively to implement new protection measures to support boreal caribou recovery in northeastern B.C. “Helping caribou populations recover is a complex challenge requiring multiple approaches to stabilize and reverse the decline of herds in […]

MIL-OSI Economics: Members address trade concerns, current trade tensions at Goods Council meeting
Source: World Trade Organization Trade concerns The CTG reviewed 36 trade concerns, with a new concern raised by Australia regarding India’s certification process for cotton bales (Quality Control Order) 2023. It also considered, under other business, a request by the Republic of Korea to discuss the United Kingdom’s safeguard measure on certain steel products.   […]

MIL-OSI Economics: Public procurement as key tool to tackle health issues discussed at WHO-WIPO-WTO webinar
Source: WTO Headline: Public procurement as key tool to tackle health issues discussed at WHO-WIPO-WTO webinar The event also presented procurement as a mechanism for fostering innovation, technology transfer and local manufacturing. Clive Ondari from the WHO Secretariat noted that in many countries, access to medical technologies is driven by public procurement as pharmaceuticals are […]

MIL-OSI Economics: Democratic Republic of the Congo formally accepts WTO Agreements on Fisheries Subsidies, Trade Facilitation
Source: World Trade Organization DG Okonjo-Iweala said: “I am very grateful to the Democratic Republic of the Congo for joining so many other WTO members in taking this step to protect the global commons. We are now just seven ratifications away from the entry into force of this landmark Agreement to curb harmful fisheries subsidies […]

MIL-OSI Russia: The SCO countries agreed to cooperate in the creative economy.
Translation. Region: Russian Federal Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) – An important disclaimer is at the bottom of this article. The meeting of the Commission of Senior Officials of the Ministries and Departments of the Member States of the Shanghai Cooperation Organization (SCO) responsible for foreign economic and […]

MIL-OSI Russia: Vice Premier of the State Council of China calls for strengthening cooperation in the field of digital economy
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 TIANJIN, July 11 (Xinhua) — Chinese Vice Premier Ding Xuexiang attended and delivered a keynote speech at […]