Category «Financial System»

Special IG reports U.S. wasted more than $15 billion in past 11 years in Afghanistan

NBC News: “The watchdog charged with tracking government spending in Afghanistan has released its first estimate of the total amount of money wasted there — a staggering $15.5 billion over 11 years — but says even that figure is probably “only a portion.” In response to a request from three congressman in 2017, the Special …

Subjects: Congress, Economy, Financial System, Government Documents

District Court denies motion to dismiss case re Trump hotel profits from foreign and state officials

The New York Times: “A lawsuit accusing President Trump of violating the Constitution by maintaining a financial interest in his company’s Washington hotel cleared a critical hurdle on Wednesday when a federal judge allowed the case to move forward. In the first judicial opinion to define how the meaning of the Constitution’s anticorruption clauses should …

Subjects: Courts, Financial System, Government Documents, Legal Research

New on LLRX – Web Guide for the New Economy 2018

Via LLRX – Web Guide for the New Economy 2018 – This new comprehensive guide to reliable and wide ranging resources on the New Economy by Marcus Zillman provides researchers who focus on law, finance and business sectors with many options from which to choose specific to sources of data, analytical information, statistics and knowledge …

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

GAO – Only One-Quarter of Agencies Publishing Timely, Accurate Spending Data

NextGov: “Eight agencies submitted financial data that was more than 75 percent wrong. Nearly three-quarters of federal agencies failed to meet internal auditors’ quality standards when publishing financial data, according to a congressional watchdog. Under the Digital Accountability and Transparency Act, agencies must use a standard framework when submitting quarterly spending data to the Treasury …

Subjects: Economy, Financial System, Government Documents, Knowledge Management, Legislation

New book – It’s not that economists didn’t see a crash coming – they just didn’t see the crash that happened

The Prospect August 2018 issue – review by Duncan Weldon – How economists predicted the wrong financial crisis. “As the 10th anniversary of the fall of Lehman Brothers approaches, many books on the financial crisis will be published. Few are likely to match Adam Tooze’s Crashed in scope, ambition or rigour. This is truly contemporary …

Subjects: Economy, Financial System, Recommended Books

FOIA request for Interior Department emails and sale of US national heritage sites reveals clear and present danger

Washington Post: “In a quest to shrink national monuments last year, senior Interior Department officials dismissed evidence that these public sites boosted tourism and spurred archaeological discoveries, according to documents the department released this month and retracted a day later. The thousands of pages of email correspondence chart how Interior Secretary Ryan Zinke and his …

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

Fortune’s 2018 Global 500

Global 500 / Search and Explore The 500 -“The world’s 500 largest companies generated $30 trillion in revenues and $1.9 trillion in profits in 2017. Together, this year’s Fortune Global 500 companies employ 67.7 million people worldwide and are represented by 33 countries. InteractiveVisualize – “The Global 500 Each year a whole host of factors …

Subjects: Economy, Financial System

CRS – Private Activity Bonds: An Introduction

EveryCRSReport.com – Private Activity Bonds: An Introduction June 9, 2006 – July 13, 2018 “The federal tax code classifies state and local bonds as either governmental bonds or private activity bonds. Governmental bonds are intended for governmental projects, and private activity bonds are for projects that primarily benefit private entities. Typically, the interest earned by …

Subjects: Economy, Financial System, Government Documents

American Democracy in Crisis: The Challenges of Voter Knowledge, Participation, and Polarization

American Democracy in Crisis: The Challenges of Voter Knowledge, Participation, and Polarization – PPRI – Alex Vandermaas-Peeler, Daniel Cox, PhD, Molly Fisch-Friedman, Rob Griffin, PhD, Robert P. Jones, PhD, 07.17.2018 State of the Country – The Direction of the Country – “Despite a strong economy, Americans remain relatively pessimistic in their outlook on the direction …

Subjects: Economy, Financial System

IMF – The Global Expansion: Still Strong but Less Even, More Fragile, Under Threat

IMF: “Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced. In our latest World Economic Outlook Update, we continue to project global growth rates of just about 3.9 percent for both this year and next, but judge that the risk of worse …

Subjects: Economy, Financial System, Government Documents