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News release: “Public transit systems are faced with implementing new service cuts and fare increases on top of cuts and increases enacted during the past budget cycle, according to a new study released by the American Public Transportation Association (APTA). Nearly eighty percent of public transit systems have already implemented fare increases or service cuts …
A New Instrument To Advance Development Effectivenss: Program-For-Results Financing, July 18, 2011 “World Bank Management is proposing a new lending instrumentProgram-for- Resultsto respond to rapidly changing development needs and urgent demand from borrowing countries. Under Program-for-Results, Bank support will help member countries improve the design and implementation of their own development programs in infrastructure, education, …
News release: “NOAA is launching a comprehensive initiative to build a Weather-ready nation to make America safer by saving more lives and protecting livelihoods as communities across the country become increasingly vulnerable to severe weather events, such as tornado outbreaks, intense heat waves, flooding, active hurricane seasons, and solar storms that threaten electrical and communication …
News release: “President Obama announced that the U.S. Departments of Agriculture, Energy and Navy will invest up to $510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation. The initiative responds to a directive from President Obama issued …
Electric Power Monthly with data for May 2011, Report Released: August 16, 2011 “Net generation in the United States was down 1.3 percent from May 2010 to May 2011. The National Oceanic and Atmospheric Administration (NOAA) reported that the average May temperature across the contiguous United States was 1.0 degree F above the long-term average …
Treasury Securities and the U.S. Sovereign Credit Default Swap Market – D. Andrew Austin, Analyst in Economic Policy; Rena S. Miller, Analyst in Financial Economics – July 25, 2011 “A typical credit default swap (CDS) contract specifies that a CDS holder, in exchange for an annual fee set by the market and paid quarterly, can …
FBI – Resources on Mortgage Fraud: “These scams hit us right where we live. From foreclosure frauds to subprime shenanigans, mortgage fraud is a growing crime threat that is hurting homeowners, businesses, and the national economy. We have developed new ways to detect and combat mortgage fraud, including collecting and analyzing data to spot emerging …
“This report examines the interplay between banking competition and financial stability, taking into account the experiences in the recent global crisis and the policy response to it. This report has been prepared by members of the Directorate of Financial and Enterprise Affairs at the OECD in Paris for the G20 Workshop ― The New Financial …
“Here’s a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider [By Tom Mucha, Global Post]: Hong Kong: $121.9 billion (0.9 percent) Caribbean banking centers: $148.3 (1 percent) Taiwan: $153.4 billion (1.1 percent) Brazil: $211.4 billion (1.5 percent) Oil exporting countries: $229.8 billion (1.6 percent) Mutual …
Migrant health series: HIV testing and counselling in migrant populations and ethnic minorities in EU/EEA/EFTA Member States. European Centre for Disease Prevention and Control, Technical Report, August 15, 2011: “The report aims to provide an overview of the current situation with respect to HIV testing and counselling for migrant populations and ethnic minorities in order …
“Standard & Poor’s downgrading of the U.S. governments credit rating does not have any impact on individual states ratings, meaning those states that have the highest AAA rating won’t have to face an automatic downgrade. There are 13 states that have the coveted Triple A credit rating by S&P, and many other states that have …
