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Daily Archives: February 8, 2011

Vice President Biden Announces Six Year Plan to Build National High-Speed Rail Network

Follow up to previous postings on high speed rail in the United States, this news: “Vice President Joe Biden today announced a comprehensive plan that will help the nation reach President Obama’s goal of giving 80 percent of Americans access to high-speed rail within 25 years, as outlined in his State of the Union address. The proposal will place high-speed rail on equal footing with other surface transportation programs and revitalize America’s domestic rail manufacturing industry by dedicating $53 billion over six years to continue construction of a national high-speed and intercity passenger rail network. As a part of President Obama’s commitment to winning the future by rebuilding America’s roadways, railways and runways, the plan will lay a new foundation for the nation’s economic opportunity, job creation, and competitiveness. As the first step in this comprehensive, six-year plan, the President’s Budget for the coming fiscal year would invest $8 billion in expanding Americans’ access to high-speed passenger rail service. In order to achieve a truly national system, these investments will focus on developing or improving three types of interconnected corridors:

  • Core Express: These corridors will form the backbone of the national high-speed rail system, with electrified trains traveling on dedicated tracks at speeds of 125-250 mph or higher.
  • Regional: Crucial regional corridors with train speeds of 90-125 mph will see increases in trips and reductions in travel times, laying the foundation for future high-speed service.
  • Emerging: Trains traveling at up to 90 mph will provide travelers in emerging rail corridors with access to the larger national high-speed and intercity passenger rail network.”

2010 U.S. Intellectual Property Enforcement Coordinator Annual Report on Intellectual Property Enforcement

2010 U.S. Intellectual Property Enforcement Coordinator Annual Report on Intellectual Property Enforcement, U.S. Intellectual Property Enforcement Coordinator, February 2011 “Over the last six months, we have heard repeated concerns about enforcement of patents and trade secrets, particularly in China. This year, DOJ and the Federal Bureau of Investigation (FBI) have increased their investigations and prosecutions… Continue Reading

FDA Launches Medical Device Innovation Initiative

News release: “Today the U.S. Food and Drug Administration proposed the CDRH Medical Device Innovation Initiative, a priority review program for new, breakthrough medical devices and announced the first submission: a brain-controlled, upper-extremity prosthetic that will serve as a pilot for the program. The FDA also announced plans to seek further public comment before the… Continue Reading

NOAA: U.S. Cooler and Much Drier than Normal in January

News release: “Last month was the coolest January since 1994, according to scientists at NOAA’s National Climatic Data Center (NCDC) in Asheville, N.C. Across the contiguous United States, the average January temperature was 30.0 F, which is 0.8 F below the 1901-2000 average. And despite several large winter storms across the country, last month was… Continue Reading

Federal Reserve issues proposals related to designation of systemically important nonbank financial companies

News release: “The Federal Reserve Board requested comment on a proposed rule that implements two provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act related to the designation by the Financial Stability Oversight Council of systemically important nonbank financial companies for consolidated supervision by the Board. First, the proposed rule establishes the requirements… Continue Reading

NASA's Toyota Study Released by Dept. of Transportation

“The results of a ten-month study by 30 NASA engineers of possible electronic causes of unintended acceleration in Toyota vehicles was released today by the U.S. Department of Transportation (DOT). “NASA found no evidence that a malfunction in electronics caused large unintended accelerations,” said Michael Kirsch, principal engineer and team lead of the study from… Continue Reading

National Military Strategy of United States of America 2011 – Redefining America's Military Leadership

National Military Strategy of the United States of America 2011 – Redefining America’s Military Leadership, February 8, 2011. “The United States remains the world’s preeminent power, even as a growing number of state and non-state actors exhibit consequential influence. This changing distribution of power indicates evolution to a “multi-nodal” world characterized more by shifting, interest-driven… Continue Reading

Report: Nearly Two-Thirds Reported FCPA, Anti-Corruption or Economic Sanctions Issues Led to Renegotiated or Terminated Deals

News release: “According to results of Deloitte’s annual “Look Before You Leap” survey of corporate executives, investment bankers, private equity executives and hedge fund managers, 63 percent of respondents reported that Foreign Corrupt Practices Act (FCPA) and anti-corruption issues caused their companies to renegotiate or pull out of planned business relationships, mergers or acquisitions over… Continue Reading

Macroprudential policy – a literature review

Macroprudential policy – a literature review, by Gabriele Galati and Richhild Moessner. Working Papers No 337, February 2011 – Bank for International Settlements “The recent financial crisis has highlighted the need to go beyond a purely micro approach to financial regulation and supervision. In recent months, the number of policy speeches, research papers and conferences… Continue Reading

UN Guide for Policy and Programmatic Actions at Country Level to Address High Food Prices

FAO’s Initiative on Soaring Food Prices – Guide for Policy and Programmatic Actions at Country Level to Address High Food Prices, January 2011 “Low-income food-deficit countries have been hit hard by high food prices in recent years. The people most affected by higher food prices are net food buyers, depending on the extent to which… Continue Reading