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Category Archives: Economy

Global Financial Stability Report, April 2015

Global Financial Stability Report, April 2015 : Navigating Monetary Policy Challenges and Managing Risks, International Monetary Fund. “The current report finds that, despite an improvement in economic prospects in some key advanced economies, new challenges to global financial stability have arisen. The global financial system is being buffeted by a series of changes, including lowerContinue Reading

CRS – Cuba: Issues for the 114th Congress

Cuba: Issues for the 114th Congress. Mark P. Sullivan Specialist in Latin American Affairs, April 17, 2015. “Cuba remains a one-party communist state with a poor record on human rights. The country’s political succession in 2006 from the long-ruling Fidel Castro to his brother Raúl was characterized by a remarkable degree of stability. In 2013,Continue Reading

USGS – Oil and gas operations could trigger large earthquakes

“Significant strides in science have been made to better understand potential ground shaking from induced earthquakes, which are earthquakes triggered by man-made practices. Earthquake activity has sharply increased since 2009 in the central and eastern United States. The increase has been linked to industrial operations that dispose of wastewater by injecting it into deep wells.Continue Reading

Sacramento Tops Large Counties in Employment Growth Rate

“Among the 50 largest counties with the most employees, Sacramento, Calif., had the highest rate of employment growth among all sectors between 2012 and 2013 (up 5.5 percent to 428,475), according to new U.S. Census Bureau statistics released today. Sacramento was followed by two Texas counties: Travis (up 4.9 percent to 514,749) and Harris (upContinue Reading

New GAO Reports – Airport Funding

Airport Funding: Changes in Aviation Activity Are Reflected in Reduced Capacity Concerns, GAO-15-498T: Published: Apr 23, 2015. Publicly Released: Apr 23, 2015: “U.S. airports are key contributors to the national and regional economies, providing mobility for people and goods, both domestically and internationally. Since 2007 when GAO last reported on airport funding, airports of allContinue Reading

A Report Card on Child Homelessness

America’s Youngest Outcasts – A Report Card on Child Homelessness, American Institute of Research, November 2014: “America’s Youngest Outcasts reports on child homelessness in the United States based on the most recent federal data that comprehensively counts homeless children, using more than 30 variables from over a dozen established data sets. A staggering 2.5 millionContinue Reading

A Look at the End-of-Life Financial Situation in America

A Look at the End-of-Life Financial Situation in America, April 2015, Vol. 36, No. 4 Employee Benefit Research Institute, 2015 “This report takes a comprehensive look at the financial situation of older Americans at the end of their lives. In particular, it documents the percentage of households with a member who recently died with fewContinue Reading

Partial Privatization of Listed Chinese Companies

Long, Frank Fu and He, Yan, Partial Privatization of Listed Chinese Companies: Revelations by Literature Survey and Analyses (April 20, 2015). Available for download at SSRN: http://ssrn.com/abstract=2596908 “We survey and analyze the existing literature about private vs. government ownership of listed Chinese companies in seven areas (corporate governance, M&As and other corporate transactions, IPOs andContinue Reading

CFPB – More financial empowerment tools for communities

“Today, we’re expanding the Your Money, Your Goals toolkit. This toolkit is a comprehensive and interactive guide designed for organizations that serve low-income consumers. It covers topics like budgeting for daily expenses, managing debt, and avoiding common financial traps. We’re releasing three versions of the toolkit for: Organizations that engage volunteers Legal aid organizations WorkersContinue Reading

Federal Reserve Board releases info on Large Institution Supervision Coordinating Committee

“The Federal Reserve Board on [April 17, 2015] released additional information on the operating structure of the Large Institution Supervision Coordinating Committee (LISCC) supervisory program. The attached memorandum supplements previously released information regarding the LISCC and provides additional details on the program’s organizational structure, including the functions of its subcommittees. The LISCC program was establishedContinue Reading

The Global Findex Database 2014 Measuring Financial Inclusion around the World

The Global Findex Database 2014 Measuring Financial Inclusion around the World. World Bank Policy Research Working Paper 7255. Asli Demirguc-Kunt, Leora Klapper, Dorothe Singer, and Peter Van Oudheusden. April 15, 2015. “The Global Financial Inclusion (Global Findex) database, launched by the World Bank in 2011, provides comparable indicators showing how people around the world save,Continue Reading

SEC Staff and FINRA Issue Report on National Senior Investor Initiative

“With the Social Security Administration estimating that each day for the next 15 years, an average of 10,000 Americans will turn 65, the staff of the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) today issued a report to help broker-dealers assess, craft, or refine their policies and procedures for investorsContinue Reading