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Daily Archives: October 26, 2011

Tracking Europe's Debt Crisis and Safeguarding Financial Stability

NYT Chart – Tracking Europe’s Debt Crisis – “European leaders obtained an agreement from banks to take a 50 percent loss on the face value of their Greek debt.”

  • European Council and Euro area summit, 26 October 2011: “The package we have agreed tonight is a comprehensive package that confirms that Europe will do what it takes to safeguard financial stability,” said President Barroso after the meeting of the Heads of State or Government of the euro area. In his statement he also thoroughly presented the conclusions which leaders have adopted. He stressed that at the G20 summit in Cannes next week the EU will be able to show to its partners in the G20 that Europe is able to make “an agreement to conclude measures to restore confidence in the European banking sector; ensuring the adequate firewalls; accelerating our ambitious agenda for growth; and further strengthening economic surveillance and coordination. To show are partners and our citizens that we are ready to complete our monetary union with a true economic union.” Main results of Euro Summit / Euro Summit Statement, 26 October 2011 / Statement of EU Heads of State of Government, 26 October 2011 / Main results of Euro Summit, 27 October 2011
  • Related postings on financial system
  • EFF Sues for Answers About PATRIOT Act on Law's 10th Anniversary

    News release: “The Electronic Frontier Foundation (EFF) sued the Department of Justice (DOJ) today for answers about “secret interpretations” of the USA PATRIOT Act, signed into law ten years ago today. Several senators have warned that the DOJ is using Section 215 of the PATRIOT Act to support what government attorneys call a “sensitive collection… Continue Reading

    Medicaid’s Long-Term Care Users: Spending Patterns Across Institutional and Community-based Settings

    “The nation’s primary payer for long-term services and supports, Medicaid finances 43 percent of all spending on long-term care services and covers a range of services and supports, including those needed by people to live independently in the community, as well as services provided in institutions. This report provides an overview of long-term care users… Continue Reading

    Google's Transparency Reporting – government entities requests for removal of content

    Google Transparency Report – Government Requests: “Like other technology and communications companies, Google regularly receives requests from government agencies and courts around the world to remove content from our services and hand over user data. Our Government Requests tool discloses the number of requests we receive from each government in six-month reporting periods with certain… Continue Reading

    112th Congress Gold Mouse Awards Released

    News release: “Congressional websites are getting better, according to an analysis by the Congressional Management Foundation (CMF). The nonprofit organization graded 618 congressional websites and found the most common grade moved from an F in the 111th Congress to a B in the 112th Congress. CMF has been grading congressional websites since 2001 and issues… Continue Reading

    First Google.org-funded geothermal mapping report confirms vast coast-to-coast clean energy source

    News release: “New research from SMU’s Geothermal Laboratory, funded by a grant from Google.org, documents significant geothermal resources across the United States capable of producing more than three million megawatts of green power – 10 times the installed capacity of coal power plants today. Sophisticated mapping produced from the research, viewable via Google Earth at… Continue Reading

    IMF: Financial Stability Issues in Emerging Market and Developing Economies

    Financial Stability Issues in Emerging Market and Developing Economies – Report to the G-20 Finance Ministers and Central Bank Governors, October 2011 “At the November 2010 Summit in Seoul, the G20 Leaders asked the FSB, IMF and the World Bank to deliver a report on financial stability issues that are of particular interest to emerging… Continue Reading

    CRS – Pakistan-U.S. Relations: A Summary

    Pakistan-U.S. Relations: A Summary. Alan Kronstadt, Specialist in South Asian Affairs, October 20, 2011 “This report summarizes important recent developments in Pakistan and in Pakistan-U.S. relations. Obama Administration engagement with Pakistan has been seriously disrupted by recent events. A brief analysis of the current state of Pakistan-U.S. relations illuminates the main areas of contention and… Continue Reading

    CRS – Afghanistan Casualties: Military Forces and Civilians

    Afghanistan Casualties: Military Forces and Civilians – Susan G. Chesser, Information Research Specialist, September 30, 2011 “This report collects statistics from a variety of sources on casualties sustained during Operation Enduring Freedom (OEF), which began on October 7, 2001, and is ongoing. OEF actions take place primarily in Afghanistan; however, OEF casualties also includes American… Continue Reading