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Category Archives: Economy

Report – Regulating Electronic Means to Fight the Spread of COVID-19

In Custodia Legis Library of Congress – “It appears that COVID-19 will not go away any time soon. As there is currently no known cure or vaccine against it, countries have to find other ways to prevent and mitigate the spread of this infectious disease. Many countries have turned to electronic measures to provide general information and advice on COVID-19, allow people to check symptoms, trace contacts and alert people who have been in proximity to an infected person, identify “hot spots,” and track compliance with confinement measures and stay-at-home orders. The Global Legal Research Directorate (GLRD) of the Law Library of Congress recently completed research on the kind of electronic measures countries around the globe are employing to fight the spread of COVID-19 and their potential privacy and data protection implications. We are excited to share with you the report that resulted from this research, Regulating Electronic Means to Fight the Spread of COVID-19. The report covers 23 selected jurisdictions, namely Argentina, Australia, Brazil, China, England, France, Iceland, India, Iran, Israel, Italy, Japan, Mexico, Norway, Portugal, the Russian Federation, South Africa, South Korea, Spain, Taiwan, Turkey, the United Arab Emirates, and the European Union (EU). The surveys found that dedicated coronavirus apps that are downloaded to an individual’s mobile phone (particularly contact tracing apps), the use of anonymized mobility data, and creating electronic databases were the most common electronic measures. Whereas the EU recommends the use of voluntary apps because of the “high degree of intrusiveness” of mandatory apps, some countries take a different approach and require installing an app for people who enter the country from abroad, people who return to work, or people who are ordered to quarantine…” [h/t Pete Weiss]

Federal workers are returning to the office

Washington Post – Some members of Congress say they shouldn’t be. “With the number of coronavirus cases increasing across much of the country, leading members of Congress on civil service issues are challenging orders by federal agencies for teleworking federal employees to return to their regular worksites. “I think we have to press the pause… Continue Reading

Thousands of contracts highlight quiet ties between Big Tech and U.S. military

NBC News: “Over the past two years, thousands of tech company employees have taken a stand: they do not want their labor and technical expertise to be used for projects with the military or law enforcement agencies. Knowledge of such contracts, however, hasn’t been easy for tech workers to come by. On Wednesday, newly published… Continue Reading

New IHME Forecasts Show More Than 200,000 US Deaths by November

“In its first projections of COVID-19 deaths out to November 1, the Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting more than 200,000 deaths in the United States. The forecast shows 208,255 deaths (with a range of 186,087 to 244,541). Those numbers drop to 162,808 (157,217 to 171,193), if… Continue Reading

Audit Finds Facebook’s Decisions Were ‘Setbacks for Civil Rights

The New York Times – “An independent audit faulted the social network for allowing hate speech and disinformation to thrive — potentially posing a threat to the November elections. Auditors handpicked by Facebook to examine its policies said that the company had not done enough to protect people on the platform from discriminatory posts and… Continue Reading

An Update to the Economic Outlook: 2020 to 2030

Committee for a Responsible Federal Budget – “Today, the Congressional Budget Office (CBO) released updated economic projections, incorporating the economic damage from the COVID-19 pandemic. These estimates are an update to CBO’s May projections; they incorporate data through June 26 – not including the latest jobs report – as well as the estimated effects of fiscal support enacted so far. CBO projects rapid economic growth beginning in the… Continue Reading

SBA Paycheck Protection Program Loan Level Data

Department of the Treasury SBA Paycheck Protection Program Loan Level Data To download all Paycheck Protection Program data, click here. Paycheck Protection Program Loans of $150,000 and above by State Click here to download Paycheck Protection Program loan data by state for loans of $150,000 and above. The data for all 56 states and territories is available… Continue Reading

Public Companies: Disclosure of Environmental, Social, and Governance Factors and Options to Enhance Them

Public Companies: Disclosure of Environmental, Social, and Governance Factors and Options to Enhance Them, GAO-20-530: Published: Jul 2, 2020. Publicly Released: Jul 6, 2020. “Nonfinancial information about how a company does business (e.g., a bank’s cybersecurity program) could be an indicator of its long-term financial performance. Investors have been asking companies to disclose more on… Continue Reading

A 28-Year-Old With No Degree Becomes a Must-Read on the Economy

Bloomberg: “Nathan Tankus, 28, hasn’t finished his bachelor’s degree at New York City’s John Jay College of Criminal Justice. He has, however, mastered enough knowledge of economics and finance to become a widely followed commentator on the Federal Reserve. A newsletter he launched this year has followers at the Fed, the Securities and Exchange Commission,… Continue Reading

The Fullest Look Yet at the Racial Inequity of Coronavirus

[Note – The New York Times obtained the CDC data included in this article after winning a FOIA lawsuit.] The New York Times – “…Racial disparities in who contracts the virus have played out in big cities like Milwaukee and New York, but also in smaller metropolitan areas like Grand Rapids, Mich., where the Bradleys… Continue Reading

Pete Recommends Weekly Highlights on Cyber Security Issues July 5, 2020

Via LLRX – Pete Recommends Weekly Highlights on Cybersecurity Issues July 5, 2020 – Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex… Continue Reading