Category «Economy»

Analysis of the Long-Term Costs of the Administration’s Goals for the Military

CBO estimates that inflation-adjusted costs for the Department of Defense would climb from the $575 billion requested in 2018 to $688 billion in 2027 if DoD pursued goals that Administration officials have articulated for the military. “This report describes CBO’s analysis of the costs and budgetary consequences through 2027 of the current Administration’s goals for …

Subjects: Defense, Economy, Financial System, Government Documents, Legislation

Moody’s: Climate change is forecast to heighten US exposure to economic loss placing short-and long-term credit pressure on US states and local governments

News release: New York, November 28, 2017 – “The growing effects of climate change, including climbing global temperatures, and rising sea levels, are forecast to have an increasing economic impact on US state and local issuers. This will be a growing negative credit factor for issuers without sufficient adaptation and mitigation strategies, Moody’s Investors Service …

Subjects: Climate Change, Economy, Environmental Law, Financial System, Legal Research

NACD Public Company Governance Survey – top of list is cybersecurity

“The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 17,000 board members, today released its 2017–2018 NACD Public Company Governance Survey, an annual survey that looks through a board lens into the chief areas of concern for corporate directors. Industry disruption, business-model disruption, changing global conditions, and cybersecurity threats …

Subjects: Cybercrime, Cybersecurity, Economy, Knowledge Management

McKinsey – What the future of work will mean for jobs, skills, and wages

“As many as 375 million workers around the world may need to switch occupational categories and learn new skills…McKinsey Global Institute’s latest report, Jobs lost, jobs gained: Workforce transitions in a time of automation (PDF–5MB), assesses the number and types of jobs that might be created under different scenarios through 2030 and compares that to …

Subjects: Economy, Education, Financial System, Knowledge Management

Google Study Says Phishing Attacks Are the Biggest Threats to Web Users

DeepDotWeb: “A study by Google discovered that phishing attacks through fake emails were as effective as compared to data breaches that exposed usernames and passwords. Cyber criminals or cyber groups manage to steal over 25,000 valid sets of web credentials for Gmail accounts every week, painting a picture of the extent this problem has reached. …

Subjects: Cybercrime, Cybersecurity, E-Mail, Economy, Financial System, Internet, Privacy

HBS – How Independent Bookstores Have Thrived in Spite of Amazon.com

Harvard Business School: “Ryan Raffaelli set out to discover how independent bookstores managed to survive and even thrive in spite of competition from Amazon and other online retailers. His initial findings reveal how much consumers still value community and personal contact.” “When Amazon.com burst onto the nascent online retail scene in 1995, the future seemed …

Subjects: E-Commerce, Economy, Internet, Knowledge Management

Statute that created CFPB documents succession plan in absence of director

The Intercept – “As soon as Richard Cordray, the current director of the Consumer Financial Protection Bureau, officially resigns — which could happen as soon as this week — we are told President Donald Trump will choose Mick Mulvaney, the current director of the Office of Management and Budget, to run the CFPB on a …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

Approaches for Managing the Costs of U.S. Nuclear Forces, 2017 to 2046

Presentation by Michael Bennett, an analyst in CBO’s National Security Division, at the Carnegie Endowment for International Peace. November 20, 2017. “The Obama Administration’s 2017 plans for nuclear forces would cost about $1.2 trillion (in 2017 dollars) over the 2017–2046 period, CBO estimates. About $400 billion of that total would pay for modernization, according to …

Subjects: Defense, Economy, Government Documents

Offshore Leaks Database – ICIJ Releases Paradise Papers Data From Appleby

“The International Consortium of Investigative Journalists published new data in the Offshore Leaks Database on close to 25,000 entities connected to the Paradise Papers investigation. The new records come from the offshore law firm Appleby and cover a period of more than six decades through to 2014 of entities registered in more than 30 offshore …

Subjects: Economy, Financial System, Freedom of Information, Government Documents, Legal Research

International Bar Association – President’s Task Force on the Future of Legal Services

President’s Task Force on the Future of Legal Services: “The legal profession is in a period of profound change, the pace of which is intensifying. Change on this scale can be both threatening and challenging, but change can also make way for new opportunities. The IBA Task Force on the Future of Legal Services was …

Subjects: AI, Economy, Legal Research, Marketing