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BuzzfeedNews [includes a copy of the Oct. 28 2015 letter of intent, signed by Trump and Russian real estate developer Andrey Rozov]: “…According to a finalized letter of intent signed by Donald Trump on Oct. 28, 2015, the tower would have “approximately 250 first class, luxury residential condominiums.” It would be located in Moscow City, …
FCW.com: “Federal agencies shuttered due to the shutdown sent out a second round of furlough notices in recent days, while the Office of Personnel Management updated guidance regarding leave accrual, retirement benefits and health care enrollment.By law, furlough notices only cover 30 day periods. OPM guidance states agencies should issue additional furlough or “adverse action” …
Cue up the similar refrain – Do libraries have a future?… The New Yorker – In an era of social media and fake news, journalists who have survived the print plunge have new foes to face. “…In the past half century, and especially in the past two decades, journalism itself—the way news is covered, reported, …
A Weakening Global Expansion Amid Growing Risks “The global expansion has weakened. Global growth for 2018 is estimated at 3.7 percent, as in the October 2018 World Economic Outlook (WEO) forecast, despite weaker performance in some economies, notably Europe and Asia. The global economy is projected to grow at 3.5 percent in 2019 and 3.6 percent in …
WSJ.com [paywall]: “The partial government shutdown is affecting a wide range of business and financial concerns nationwide. From a report: Shuttered government offices are stalling the approval of new loans, initial public offerings, the processing of tax documents, and the approval of new products such as prescription drugs, among other effects. While some programs are …
“For much of human history, most individuals have lacked economic freedom and opportunity, condemning them to poverty and deprivation. Today, we live in the most prosperous time in human history. Poverty, sicknesses, and ignorance are receding throughout the world, due in large part to the advance of economic freedom. In 2018, the principles of economic …
AT A GLANCE Requested by the ECON committee Study in focus Policy Department for Economic, Scientific and Quality of Life Policies Directorate-General for Internal Policies. Author: S. HONNEFELDER, P. DELGADO CUBILLO PE 631.031 – January 2019 EN Financial Supervision and Regulation in the US – “In response to the financial crisis of 2008 and the …
EveryCRSReport.com: CRS Series: Introduction to Financial Services, January 11, 2019 IN11016 – “The Congressional Research Service (CRS) has created a series providing an introduction to various financial services issues in the 116th Congress. Click on any of the titles below to access an In Focus, a two-page briefing product on issues of active and ongoing …
The Fine Print in Smart Contracts – Joshua S. Gans. NBER Working Paper No. 25443 Issued in January 2019. “One of the purported benefits of blockchain technologies is the ability to house what have been termed ‘smart’ contracts. Such contracts are potentially self-executing depending on the state of information recorded on a blockchain ledger. This …
The Present Value of Corporate Profits: A Forecasters’ Survey Perspective Michal Andrle – January 16, 2018. “This paper presents and discusses the estimates of the present value of corporate profits in the United States from 1984 to 2018. To value the expected income stream, it uses the long-range forecasts of professional forecasters for pre-tax corporate earnings …
NPR: “Officials leasing the Old Post Office Building for the Trump International Hotel in Washington improperly ignored the Constitution’s anti-corruption clauses when they continued to lease the government property to President Trump even after he won the White House, according to an internal federal government watchdog. The Inspector General for the General Services Administration, the …
POGO: “For the second year in a row, a little-known but massive Pentagon agency won’t be able to complete an independent audit. The Defense Logistics Agency (DLA) handles more taxpayer dollars in a year than several Cabinet-level departments, but auditors have informed agency leadership that they will not be able to complete their audit for fiscal …
