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Monthly Archives: August 2010

Wildlife Conservation Society: Massive Coral Bleaching in Indonesia

“A dramatic rise in the surface temperature of Indonesian waters has resulted in a large-scale bleaching event that has devastated local coral populations. Following a report of a bleaching incident in May, WCS-Indonesia dispatched a “Rapid Response Unit” of marine biologists to investigate. Their initial survey revealed that over 60 percent of corals have bleached.… Continue Reading

OECD: The EU Stress Test and Sovereign Debt Exposures

Blundell-Wignall, A. and P. Slovik (2010), The EU Stress Test and Sovereign Debt Exposures, OECD Working Papers on Finance, Insurance and Private Pensions, No. 4, OECD Financial Affairs Division, 13-Aug-2010 “This working paper’s quantifications show that most sovereign debt is held on the banking books of banks, whereas the EU stress test considered only their… Continue Reading

BLS: Health Care Spending: 1998, 2003, and 2008

Health Care Spending: 1998, 2003, and 2008: “How have rising health care costs affected household budgets? That question was raised many times before the passage of the Affordable Care Act, whose goal—as the act’s name implies—is to make health care more affordable for American families. This analysis of Consumer Expenditure Survey (CE) data from the… Continue Reading

Federal Reserve final rules to protect mortgage borrowers from unfair, abusive, or deceptive lending practices

News release: “The Federal Reserve Board on Monday announced final rules to protect mortgage borrowers from unfair, abusive, or deceptive lending practices that can arise from loan originator compensation practices. The new rules apply to mortgage brokers and the companies that employ them, as well as mortgage loan officers employed by depository institutions and other… Continue Reading

NIH: New breast cancer committee to establish federal research agenda

News release: “A newly formed advisory committee will develop and coordinate a strategic federal research agenda on environmental and genetic factors related to breast cancer. The 19-member Interagency Breast Cancer and Environmental Research Coordinating Committee (IBCERCC) was established by the National Institute of Environmental Health Sciences (NIEHS), in collaboration with the National Cancer Institute (NCI),… Continue Reading

New GAO Reports: Hurricanes Katrina and Rita, Consumer-Directed Health Plans, Critical Infrastructure Protection

Hurricanes Katrina and Rita: Federally Funded Programs Have Helped to Address the Needs of Gulf Coast Small Businesses, but Agency Data on Subcontracting Are Incomplete, GAO-10-723, July 29, 2010 Consumer-Directed Health Plans: Health Status, Spending, and Utilization of Enrollees in Plans Based on Health Reimbursement Arrangements, GAO-10-616, July 16, 2010 Critical Infrastructure Protection: Key Private… Continue Reading

FTC Proposes Changes to Update and Improve Credit Reporting Notices

News release: “The Federal Trade Commission is proposing revisions to the notices that consumer reporting agencies provide to consumers, and to users and furnishers of credit report information under the Fair Credit Reporting Act (FCRA). The FCRA requires the FTC to publish model notices for several forms that must be provided by consumer reporting agencies.… Continue Reading

Federal Reserve: What You Need to Know: New Rules for Mortgage Transfers

News release: “The Federal Reserve Board on Monday announced final rules to implement a statutory amendment to the Truth in Lending Act requiring that consumers receive notice when their mortgage loan has been sold or transferred. The new disclosure requirement became effective in May 2009, upon enactment of the Helping Families Save Their Homes Act.… Continue Reading