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Monthly Archives: June 2009

Treasury Awards $90 Million in Recovery Act Funding for Community Development

News release: “As part of the Obama Administration’s continued investment in economic development in communities around the country through the Recovery Act, Treasury Secretary Tim Geithner today announced $90 million in financial assistance awards for 59 Community Development Financial Institutions (CDFIs) in 26 states and Puerto Rico dedicated to helping communities hard hit by the… Continue Reading

Governance Matters 2009: Learning From Over a Decade of the Worldwide Governance Indicators

Brookings: Governance Matters 2009: Learning From Over a Decade of the Worldwide Governance Indicators, Daniel Kaufmann, Aart Kraay and Massimo Mastruzzi, June 29, 2009. “The WGI organize and synthesize data, reflecting on the reports and views of tens of thousands of stakeholders worldwide, including respondents to household and firm surveys and experts from nongovernmental organizations,… Continue Reading

The Arctic Climate Change and Security Policy Conference: Final Report and Findings

Arctic Climate Change and Security Policy Conference: Final Report and Findings, Kenneth Yalowitz, James Collins, Ross Virginia Report, June 2009 “This final report summarizes the panel discussions from a conference on arctic climate change and security policy sponsored by the Carnegie Endowment for International Peace, Dartmouth College, and the University of the Arctic which was… Continue Reading

Is Google Really in a Competitive Space?

New York Times: “Google handles roughly two-thirds of all Internet searches. It owns the largest online video site, YouTube, which is more than 10 times more popular than its nearest competitor. And last year, Google sold nearly $22 billion in advertising, more than any media company in the world.” See also via ZDNet and ConsumerWatchdog.org:… Continue Reading

BEA: Personal Savings Rate

WSJ: “U.S. consumers are saving more of their incomes than any time since 1993 — a major shift toward frugality that’s expected to be one of the lasting effects of this deep and lengthy recession.” U.S. Bureau of Economic Analysis – Personal Saving Rate, updated Thursday, June 25 2009. LA Times: “Americans’ savings rate jumps,… Continue Reading

Federal Reserve offers $150 billion in 28-day credit through its Term Auction Facility

News release: “On June 29, 2009, the Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility. Related postings on financial… Continue Reading

Who Runs Gov Database from the Washington Post

“Who Runs Gov offers a unique look at the world of Washington through its key players and personalities. Our site will feature profiles of a select group of government officials, including members of the new presidential administration, legislators, senior Congressional aides and committee staff, and experts at think tanks and interest groups who influence how… Continue Reading

Census Bureau Reports Increase of Nearly 1 Million Nonemployer Businesses

News release: “The United States added nearly 1 million nonemployer businesses between 2006 and 2007, bringing the total to 21.7 million, the U.S. Census Bureau announced today. This 4.5 percent growth rate is detailed in Nonemployer Statistics: 2007, an annual data series on businesses without paid employees.” Related postings on financial system Continue Reading

Report Provides Blueprint for Communities to Tackle Global Warming

News release: “The most authoritative report providing a blueprint for how communities can tackle global warming was released by the California League of Conservation Voters Education Fund and the Natural Resources Defense Council. The report is a guide to California’s Sustainable Communities and Climate Protection Act, or SB 375, the nation’s first legislation to link… Continue Reading

UNODC Releases 2009 World Drug Report

UNODC Releases 2009 World Drug Report: The United Nations Office on Drugs and Crime has just released the 2009 version of its annual drug report. The Report was launched in Washington, D.C., by UNODC Executive Director Antonio Maria Costa and the newly appointed Director of the United States Office of National Drug Control Policy, Gil… Continue Reading