Loan Performance and Negative Home Equity in the Nonprime Mortgage Market, GAO-10-146R, December 16, 2009: “This report (1) provides information on the performance of these nonprime loans as of June 30, 2009, and describes forecasts made by others of future loan performance; and (2) examines the extent of negative home equity among nonprime borrowers in… Continue Reading
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Monthly Archives: January 2010
City Budget Shortfalls and Responses: Projections for 2010-2012
National League of Cities – Research Brief on America’s Cities, December 2009: “While the nations economy may be approaching the late stages of the worst economic downturn since the Great Depression, local government budget tightening and spending cuts over the next several years could well impose a significant drag on the nations economic recovery. Cities… Continue Reading
President Obama Signs Executive Order Establishing Council of Governors
Executive Order will Strengthen Further Partnership Between the Federal and State and Local Governments to Better Protect Our Nation: “The President [on January 11, 2010] signed an Executive Order establishing a Council of Governors to strengthen further the partnership between the Federal Government and State Governments to protect our Nation against all types of hazards.… Continue Reading
Google Announces "A new approach to China"
Official Google Blog: “In mid-December, we detected a highly sophisticated and targeted attack on our corporate infrastructure originating from China that resulted in the theft of intellectual property from Google. However, it soon became clear that what at first appeared to be solely a security incident–albeit a significant one–was something quite different…We launched Google.cn in… Continue Reading
BEA: International Trade in Goods and Services, November 2009
News release: “The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total November exports of $138.2 billion and imports of $174.6 billion resulted in a goods and services deficit of $36.4 billion, up from $33.2 billion in October, revised. November exports were $1.2 billion more… Continue Reading
DOT Announces Historic New Safety Standards for Freight and Passenger Trains – Positive Train Control Systems
Federal Railroad Administration (FRA), Department of Transportation (DOT), Final Rule, January 12, 2010: “FRA is issuing regulations implementing a requirement of the Rail Safety Improvement Act of 2008 that defines criteria for certain passenger and freight rail lines requiring the implementation of positive train control (PTC) systems. This final rule includes required functionalities of PTC… Continue Reading
ALA – The Condition of U.S, Libraries: Trends, 1999-2009
“According to a new report prepared by the American Library Association (ALA), libraries of all types are feeling the pinch of the economic downturn while managing sky-high use. Compiled from a broad range of available sources, The Condition of Libraries: 1999-2009 presents U.S. economic trends (2009), and summarizes trends in public, school and academic libraries… Continue Reading
BLS: Job Openings and Labor Turnover Survey, November 2009
News release: “There were 2.4 million job openings on the last business day of November 2009, the U.S. Bureau of Labor Statistics reported today. The job openings rate was little changed over the month at 1.8 percent. The openings rate has held relatively steady since March 2009. The hires rate (3.2 percent) and the separations… Continue Reading
Endangered Jaguars to Receive Critical Habitat Protection and Plan for Recovery of U.S. Population
News release: “In a far-reaching reversal of Bush administration policy, the U.S. Fish and Wildlife Service announced today that it will designate critical habitat for endangered jaguars in the United States and develop a jaguar recovery plan. The Fish and Wildlife Service will propose specific areas for critical habitat designation in January 2011, according to… Continue Reading
UK Trade Deficit narrowed to £2.9bn in Nov 09
UK Office for National Statistics: “The UKs deficit on trade in goods and services was £2.9 billion in November, compared with a revised deficit of £3.1 billion in October (originally published as a deficit of £3.2 billion). The surplus on trade in services was £3.9 billion in November, unchanged compared with October. The deficit on… Continue Reading
New Report Highlights Economic Benefits of Comprehensive Immigration Reform
“As the United States slowly pulls free from a deep recession, a groundbreaking new study concludes that comprehensive immigration reform would provide just the type of boost our economy needs. The Center for American Progress and Immigration Policy Center released a joint report, Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration… Continue Reading
EPA Petitioned to Regulate Chemicals That Pose Widespread Risks to Human and Animal Reproduction
News release: “The Center for Biological Diversity petitioned the U.S. Environmental Protection Agency today to establish water-quality criteria for numerous endocrine-disrupting chemicals under the Clean Water Act, the first step in regulating and eliminating persistent and widespread chemicals that damage reproductive functions in wildlife and humans…Endocrine disruptors persist throughout our nations waters and are having… Continue Reading
