News release: “If European policymakers, big financial institutions and social partners cannot agree on the full extent of reform, then Europe’s financial services sector runs the risk of being plunged back into the unsustainable situation of chasing short-term profit with high risks, Eurofound’s European Monitoring Centre on Change (EMCC) warns in a new report. The new report outlines potential adaptation scenarios for the European financial sector in the aftermath of the financial crisis. The global debate on new regulatory rules for the financial sector in the aftermath of the current economic crisis is producing a flood of arguments, suggestions and proposals. Different restructuring and adaptation approaches are competing and it remains unclear which one will be the future for European financial services. New research launched by Eurofound’s European Monitoring Centre on Change (EMCC) shows that the financial services sector is dominated by companies that have re-focused on their core business in an effort to return to profitability, albeit at the expense of considerable job cuts. In 2009, roughly 10% of jobs in the state-owned banks examined were cut, compared to around 5% in the surveyed private banks following a liberal business model. One part of the European financial sector is in state ownership, and some institutions will remain under this control for a longer period of time, the report found. A second part of the sector, which is building up a sustainable business model, performed with minor job losses. A third group continues to deal in liberal capital markets with a strong profit orientation.” [Stuart Basefsky]
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Daily Archives: October 12, 2010
Salazar: Deepwater Drilling May Resume for Operators Who Clear Higher Bar for Safety, Environmental Protection
Follow up to previous postings on the Gulf Coast oil spill, this news release: “Secretary of the Interior Ken Salazar has determined it is appropriate that deepwater oil and gas drilling resume, provided that operators certify compliance with all existing rules and requirements, including those that recently went into effect, and demonstrate the availability of… Continue Reading
New GAO Reports: National Broadband Plan, Biological Laboratories, Supply Chain Security, Aviation Weather
Telecommunications: National Broadband Plan Reflects the Experiences of Leading Countries, but Implementation Will Be Challenging, GAO-10-825, September 14, 2010 Biological Laboratories: Design and Implementation Considerations for Safety Reporting Systems, GAO-10-850, September 10, 2010 Supply Chain Security: CBP Has Made Progress in Assisting the Trade Industry in Implementing the New Importer Security Filing Requirements, but Some… Continue Reading
Eurofound publishes a new report on 'Financial services: challenges and prospects
News release: “If European policymakers, big financial institutions and social partners cannot agree on the full extent of reform, then Europe’s financial services sector runs the risk of being plunged back into the unsustainable situation of chasing short-term profit with high risks, Eurofound’s European Monitoring Centre on Change (EMCC) warns in a new report. The… Continue Reading
CBO – Potential Costs of Veteran's Health Care
CBO – Potential Costs of Veteran’s Health Car, October 2010 “The Department of Veterans Affairs (VA) provides health care at little or no charge to more than 5 million veterans annually. Medical services are provided through the inpatient and outpatient facilities run by the Veterans Health Administration. Those services include routine health assessments, readjustment counseling,… Continue Reading
Reps. Markey, Barton Release Responses From Websites on Tracking of Consumer Behavior
Follow up to posting, WSJ Tracks how marketers are spying on Internet users, this news release: “Representatives Edward J. Markey (D-Mass.) and Joe Barton (R-Texas), Co-Chairman of the House Bi-Partisan Privacy Caucus, released responses to the letters they had sent to companies identified in a Wall Street Journal investigation as reportedly installing intrusive consumer-tracking technologies… Continue Reading
National Academy of Engineering Report Examines Needs for a Quieter America
Technology for a Quieter America, Committee on Technology for a Quieter America; National Academy of Engineering Exposure to noise at home, at work, while traveling, and during leisure activities is a fact of life for all Americans. At times noise can be loud enough to damage hearing, and at lower levels it can disrupt normal… Continue Reading
EIA: South Korea Country Analysis Brief
South Korea Country Analysis Brief Oct 6, 2010: “South Korea was the world’s tenth largest energy consumer in 2007, and with its lack of domestic reserves, Korea is one of the top energy importers in the world. The country is the fifth largest importer of crude oil and the second largest importer of both… Continue Reading
GAO Pilots New Web-Based Format for Reports – E-Report project offers enhanced navigation for users
“Beyond the usual findings and recommendations for improving federal operations, a new report from the U.S. Government Accountability Office (GAO) is the first to offer a web-based E-Report format to help users navigate content more easily… The new pilot format, which is part of a report on geostationary environmental satellites (GAO-10-799), allows users to quickly… Continue Reading
Milken Institute Report – Ensuring State and Municipal Solvency
Milken Institute Report – Ensuring State and Municipal Solvency”>Ensuring State and Municipal Solvency, October 2010 As the recession drags on, states and municipalities find themselves in a deep hole. For the first time since the Great Depression, income, sales and property taxes have declined in unison.1 The cyclical challenges are clear: falling tax receipts, high… Continue Reading
Google: Automatic Generation of Research Trails in Web History
Automatic Generation of Research Trails in Web History, Elin Rønby Pedersen, Shengyin Gu, Peter Jin Hong, Karl Gyllstrom, Proc. IUI 2010. “The web is large and complex, and in the process of navigating it, we often lose our way. Research trailing is a method to organize web contents that we have spent some effort on… Continue Reading
UN: New Report Shows the Way to Low-Carbon Revolution
News release: “A new report launched today at the Business for Environment (B4E) Conference in Mexico City by the Low Carbon Leaders Project, an initiative supported by the UN Global Compact and WWF, stresses that transformations in the way that needs are met would produce much greater emissions reductions than incremental improvements in existing technology.… Continue Reading
