Global Scans · Government · Weekly Summary

• [New] The Australian government will invest up to $US200m in the Alcoa operation while the US will also have an ownership stake. The Guardian
• [New] A major new federal regulation, the Department of Justice's Bulk Data Rule, has added a significant layer of compliance and risk for companies handling genetic data. JD Supra
• [New] The German government had hoped to encourage the conversion of ArcelorMittal's Bremen and Eisenhuttenstadt plants into hydrogen-powered furnaces through subsidies. Steel Radar
• [New] Citizens without a government-issued ID will simply not be able to work in the United Kingdom. CryptoSlate
• [New] The Albanese government has pitched Australia as an island of opportunity in a sea of global economic uncertainty to some of the world's top investors. SBS News
• [New] Government intervention carries risks: Overly stringent security requirements could limit innovation, create barriers for small firms, and harm U.S. competitiveness. Rand Corporation
• [New] Growing concerns about the societal risks posed by advanced artificial intelligence systems have prompted debate over whether and how the U.S. government should promote stronger security practices among private-sector developers. Rand Corporation
• [New] Policy decisions in the months ahead on tariffs, trade agreements and export promotion will play a major role in shaping the outlook for the farm economy in 2026 and beyond. / USA American Farm Bureau Federation
• [New] In expanding export rules on rare earths, Beijing for the first time announced it will require foreign firms to obtain approval from the Chinese government to export magnets containing even tiny amounts of China-originated rare earth materials or produced with Chinese technology. Economic Times
• [New] Financials: The Australian Government has provided a total of $AUD 135 million for Nyrstar's two smelters ($AUD 57.5 million from the Commonwealth government, $AUD 55 million from South Australia, and $AUD 22.5 million from Tasmania), part of which will be used to fund the antimony pilot project. Australian Broadcasting Corporation
• [New] US Government will invest in equity. Australian Broadcasting Corporation
• [New] The Acorn and Viking carbon capture and storage projects (CCUS) in development in Scotland and the North East will support a combined 35,000 jobs, the Government estimates, building on the 4,000 jobs already set to be created in other CCUS projects in the North West and Teesside. North Wales Chronicle
• [New] All future Scottish Government funding remains dependent on the upcoming 2026 to 2027 Scottish Budget, Scottish Spending Review and future annual Scottish Budgets. GOV.UK
• [New] The next decade is set to be defined by a series of interconnected, disruptive technologies and critical industries, many of which are crucial for national security, economic competitiveness, and solving global challenges like climate change and supply chain resilience. Medium
• [New] Increasing uncertainties between major powers such as the U.S., China, and Russia will redefine international relations and create challenges for global governance and collaboration. Diplomatist
• [New] An extended U.S. government shutdown raises the risk for weaker growth potential. Morgan Stanley
• [New] The US government deficit is set to balloon further as tax cut extensions take hold in 2026. Business Insider
• [New] India's Co-Chair term will run till 2028, reflecting its growing role in shaping global geospatial policy and data ecosystems. INSIGHTS IAS - Simplifying UPSC IAS Exam Preparation
• [New] The UK government will eventually need to confront the concerns about patents and precision bred organisms - although variety listing rules are probably not the right place to do it. The IPKat
• [New] The US government shutdown has delayed key economic data releases, but once resolved, a surge of information could reveal signs of weakness, supporting further rate cuts. investing.com
• [New] The UK government plans to mandate an electronic digital identity scheme and credential to all legal residents and employees of the UK to prove immigration and employment eligibility status. Forrester
• [New] US government debt has surpassed $37 trillion, increasing by $2.2 trillion in just in 2026, and now stands at more than 120% of US GDP. 1919 Investment Counsel

Last updated: 22 October 2025