Category «Financial System»

Global data – Women only earn now what men did a decade ago

World Economic Forum: “Despite an additional quarter of a billion women entering the global workforce since 2006, wage inequality persists, with women only now earning what men did a decade ago, according the Forum’s Global Gender Gap Report 2015. The global gender gap across health, education, economic opportunity and politics has closed by only 4% …

Subjects: Civil Liberties, Economy, Education, Financial System, Government Documents

International banking statistics at end-September 2015

“The Bank for International Settlements (BIS) today released international banking statistics at end-September 2015. Cross-border bank lending shrank for the second consecutive quarter, due mainly to falling claims on emerging market economies (EMEs). The global contraction of $151 billion between end-June and end-September 2015 was smaller than the previous quarter’s and left outstanding claims at …

Subjects: Economy, Financial System, Government Documents

POGO’s Public Comment to GSA on Corporate Identifiers

“The Project On Government Oversight (POGO) provides the following public comment to “Federal Acquisition Regulation; Unique Identification of Entities Receiving Federal Awards,” (80 Fed. Reg. 72035, November 18, 2015). As an independent nonprofit organization committed to achieving a more accountable and transparent federal government, POGO has a longstanding interest in federal contracting issues and in …

Subjects: Economy, Financial System, Government Documents

Summary of The Budget and Economic Outlook: 2016 to 2026

CBO – “In 2016, the federal budget deficit will increase, in relation to the size of the economy, for the first time since 2009, according to the Congressional Budget Office’s estimates. If current laws generally remained unchanged, the deficit would grow over the next 10 years, and by 2026 it would be considerably larger than …

Subjects: Congress, Economy, Financial System, Government Documents

RealtyTrac – Nearly 1.1 Million US Properties with Foreclosure Filings in 2015

“RealtyTrac …released its Year-End 2015 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 1,083,572 U.S. properties in 2015, down 3 percent from 2014 and down 62 percent from the peak of 2,871,891 properties with foreclosure filings in 2010. The nearly 1.1 million properties …

Subjects: Economy, Financial System, Housing

Goldman Sachs to pay $1.5 billion fine in RMBS agreement

News release:  “The Goldman Sachs Group, Inc. [January 14, 2016] announced that it has reached an agreement in principle to resolve the ongoing investigation of the Residential Mortgage-Backed Securities Working Group of the U.S. Financial Fraud Enforcement Task Force (RMBS Working Group). The agreement in principle will resolve actual and potential civil claims by the …

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

World Bank Report on Digital Technologies – Four Billion Lack Internet Access

“A new World Bank report says that while the internet, mobile phones and other digital technologies are spreading rapidly throughout the developing world, the anticipated digital dividends of higher growth, more jobs, and better public services have fallen short of expectations, and 60 percent of the world’s population remains excluded from the ever-expanding digital economy. …

Subjects: Economy, Financial System, Internet, Knowledge Management

Women’s earnings 83 percent of men’s, but vary by occupation

Bureau of Labor Statistics – “In 2014, women who worked full time in wage and salary jobs had median usual weekly earnings of $719, which was 83 percent of men’s median weekly earnings ($871). Women’s earnings as a percentage of men’s varied by occupation. Women’s median usual weekly earnings in construction and extraction occupations ($691) …

Subjects: Economy, Financial System, Government Documents

GAO Reports – Drug Safety, Emerging Animal Diseases, Federally Leased Vehicles, National Park Service, 2015 Tax Filing Season

Drug Safety: FDA Expedites Many Applications, But Data for Postapproval Oversight Need Improvement, GAO-16-192: Published: Dec 15, 2015. Publicly Released: Jan 14, 2016. Emerging Animal Diseases: Actions Needed to Better Position USDA to Address Future Risks, GAO-16-132: Published: Dec 15, 2015. Publicly Released: Jan 14, 2016. Federally Leased Vehicles: Agencies Should Strengthen Assessment Processes to …

Subjects: Economy, Financial System, Government Documents, Medicine

Global Risks Report 2016

World Economic Foum – “Global risks don’t know borders – a message the Global Risks Report series has highlighted since its inception in 2005. However, the impact that global risks have on different stakeholders is still far from understood. The Global Risks Report 2016, therefore, dedicates a section of its 11th edition to the analysis …

Subjects: Economy, Financial System, Government Documents