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Via Pew Charitable Trusts: “The world is looking to Canada’s Arctic Ocean for the promise of faster and cheaper intercontinental shipping and unexploited natural resources. The Arctic ice is melting because of climate change, which is creating a longer shipping season and has already resulted in vessel traffic increases of 166 percent through the Canadian …
(Stockholm, 5 April 2016) “World military expenditure totalled almost $1.7 trillion in 2015, an increase of 1 per cent in real terms from 2014, according to new figures from the Stockholm International Peace Research Institute (SIPRI). The data is being released to coincide with the start of the Stockholm Forum on Security and Development. The …
Demographic Upheaval Finance & Development, March 2016, Vol. 53, No. 1. David E. Bloom. “The world will struggle with population growth, aging, migration, and urbanization.” Humankind is being buffeted by the forces of demographic change. The most prominent changes are rapid population growth in some developing economies and shifting shares of adolescents and young adults …
Via usgovernmentspending.com: “In FY 2015, total US government spending, federal, state, and local, was “guesstimated” to be $6.41 trillion, with federal $3.69 trillion; state $1.58 trillion; local $1.77 trillion.”
“The U.S. population grew by 0.79% last year, just slightly faster than the previous year’s growth rate but still among the slowest rates in decades. According to the U.S. Census Bureau, the number of Americans living in metropolitan areas rose to 275.3 million in 2015, an increase of 2.5 million. While urban areas on the …
Via Mother Jones – Car Trouble – A subprime boom, insane interest rates predatory lending, a private-equity frenzy. Sound familiary. by Gary Rivlin “While the subprime auto market is nowhere near large enough to bring down the economy, there are unmistakable parallels to the mortgage debacle. Delinquencies and repossessions are on the rise industry-wide, and …
The Hidden Wealth of Nations – Gabriel Zucman, Assistant professor, UC Berkeley. September 2015, University of Chicago Press. The book: Presentation slides (short, long) Introduction Table of contents Tables and figures included in the book Supplementary material: Technical appendix Global offshore wealth: computation of the world’s offshore wealth since 2001 Switzerland: offshore wealth in Switzerland since 1914 Luxembourg: …
Federal Research: Information on DOE’s Laboratory-Directed Research and Development Program, GAO-16-486R: Published: Apr 8, 2016. Publicly Released: Apr 8, 2016. KC-46 Tanker Aircraft: Challenging Testing andDelivery Schedules Lie Ahead, GAO-16-346: Published: Apr 8, 2016. Publicly Released: Apr 8, 2016. Architect of the Capitol: Contracting Function Generally Follows Key Practices, but Certain Improvements Are Needed, GAO-16-348: …
Written Testimony of CFPB Director Richard Cordray Before the Senate Committee on Banking, Housing, and Urban Affairs By Richard Cordray, April 7, 2016. “Chairman Shelby, Ranking Member Brown, and Members of the Committee, thank you for the opportunity to testify today about the Consumer Financial Protection Bureau’s Semi-Annual Report to Congress. I appreciate our continued …
McKinsey: “Every state and city in the United States has the opportunity to further gender parity, which could add $4.3 trillion to the country’s economy in 2025. The United States could add up to $4.3 trillion in annual GDP in 2025 if women attain full gender equality. In a new report, The power of parity: …
“The 2015 Survey of Market Absorption of New Multifamily Units annual report provides absorption details for units constructed in 2014. The Survey of Market Absorption of New Multifamily Units is conducted by the U.S. Census Bureau on behalf of the Department of Housing and Urban Development. This survey measures how soon privately financed, nonsubsidized, unfurnished …
CRS report via FAS – High Frequency Trading: Overview of Recent Developments, Rena S. Miller, Specialist in Financial Economics; Gary Shorter, Specialist in Financial Economics, April 4, 2016. “High-frequency trading(HFT) generally refers to trading in financial instruments, such as securities and derivatives, transacted through supercomputers executing trades within microseconds or milliseconds (or, in the technical …
