Category «Financial System»

CRS – Expiring Unemployment Insurance Provisions

Expiring Unemployment Insurance Provisions – Katelin P. Isaacs, Analyst in Income Security, November 22, 2013 “Several key provisions related to extended federal unemployment benefits are temporary and, therefore, scheduled to expire: • Authorization for the temporary Emergency Unemployment Compensation (EUC08) program is scheduled to expire the week ending on or before January 1, 2014 (i.e., December 28, 2013, in all states except …

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

Pensions at a Glance 2013: Retirement-Income Systems in OECD and G20 Countries

“This fifth edition of Pensions at a Glance provides a range of indicators for comparing pension policies and their outcomes between OECD countries. The indicators are also, where possible, provided for the other major economies that are members of the G20. Two special chapters (Chapters 1 and 2) provide deeper analysis of recent pension reforms …

Subjects: Economy, Financial System, Government Documents

CRS – Unemployment Insurance: Programs and Benefits

Unemployment Insurance: Programs and Benefits – Julie M. Whittaker, Specialist in Income Security; Katelin P. Isaacs, Analyst in Income Security. November 20, 2013 “Various benefits may be available to unemployed workers to provide income support. When eligible workers lose their jobs, the Unemployment Compensation (UC) program may provide up to 26 weeks of income support through the payment of regular …

Subjects: Defense, Economy, Financial System, Government Documents

New GAO Report – U.S. Currency

U.S. CURRENCY – Coin Inventory Management Needs Better Performance Information, GAO-14-110, Oct 28, 2013 “Efficiently managing the circulating coin inventory helps ensure that enough coins are available to meet public demand while avoiding unnecessary production and storage costs. The Federal Reserve fulfills the coin demand of the nation’s depository institutions (e.g., commercial banks and credit unions) by …

Subjects: Economy, Financial System, Government Documents

FDIC-Insured Institutions Earned $36 Billion in the Third Quarter of 2013

News release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $36.0 billion in the third quarter of 2013, a $1.5 billion (3.9 percent) decline from the $37.5 billion in profits that the industry reported a year earlier. This is the first time in 17 quarters …

Subjects: Economy, Financial System, Government Documents

Research – The Economics of the Fed’s Press Conference

A Way With Words: The Economics of the Fed’s Press Conference, by Fernando Duarte and Carlo Rosa “When central bankers speak, traders, journalists, and politicians listen with bated breath. The marked asset price reaction to Chairman Bernanke’s June press conference confirms the importance of his comments in the marketplace.  The chart…shows the dynamics of U.S. asset …

Subjects: Economy, Financial System, Government Documents

Moody’s Issues a Negative Outlook for Higher Education

Chronicle of Higher Education: “Moody’s Investors Service on Monday issued a negative outlook for higher education in 2014—which should come as a surprise to no one. The bond-rating agency’s report last week, a survey of net-tuition revenues, was grim, and its outlook for higher education in recent years has been mostly bleak. This year Moody’s cited a weak economy that will “affect …

Subjects: Congress, Education, Financial System

Speech – Addressing risks to financial stability

Addressing risks to financial stability – Speech by Jaime Caruana, General Manager of the Bank for International Settlements, to the 49th SEACEN Governors’ Conference and High-level Seminar, Kathmandu, Nepal, 21 November 2013 “Regulatory reforms, in particular more capital and new liquidity buffers for banks, have made the financial system more resilient. Nonetheless, regulation typically cannot keep up with …

Subjects: Economy, Financial System, Government Documents

CFPB – study on the impact of regulations at financial institutions

“Today, we’re releasing findings from a study we conducted on the operational effects of certain regulations for banks, in order to better understand the day-to-day activities they perform to comply with regulations. We chose a narrow scope for the study, in the expectation that depth over breadth would create findings of lasting value. We looked at ongoing operational …

Subjects: Copyright, Economy, Financial System, Legal Research, Legislation

Bloomberg: Defusing Derivatives

Matthew Leising | Published Nov. 12, 2013 [snipped] “They made bankers billions of dollars before helping to blow up the global economy in 2008, living up to Warren Buffett’s description of derivatives six years before as “weapons of financial mass destruction.” After the crash, regulators set to work to make them less dangerous, through changes that in the process …

Subjects: Economy, Financial System

DOD Arctic Strategy

Department of Defense, Arctic Strategy November 2013 “The Arctic is at a strategic inflection point  as its ice cap is diminishing more rapidly than projected and human activity, driven by economic opportunity—ranging from oil, gas, and mineral exploration to fishing, shipping, and tourism—is increasing in response to the growing accessibility. Arctic and non-Arctic nations are establishing their strategies …

Subjects: Defense, Energy, Environmental Law, Financial System

Country statistical profiles: Key tables from OECD for the United States

Country statistical profile: United States – November 15, 2013, updated annually. DOI: 10.1787/20752288-table-usa “This table includes data for United States on economy, education, energy, environment, foreign aid, health, information and communication, labour, migration, R&D, trade and society. The table is part of the key tables collection on country statistical profiles.”  

Subjects: Economy, Financial System, Government Documents, Health Care, Transportation