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Daily Archives: October 29, 2012
Report to G20 Finance Ministers and Central Bank Governors on Basel III implementation
“Full, timely and consistent implementation of the Basel III framework is essential for promoting confidence in the regulatory framework for banks and to help secure a stable global banking system. The Basel Committee is monitoring its member jurisdictions’ implementation through a recently launched comprehensive review programme. A key element of the process is transparency, including… Continue Reading
Challenges related to capital flows: Latin American perspectives
“This BIS Paper is a collection of essays focusing on the drivers and effects of capital flows and the challenges they pose for the implementation of monetary and other policies. The collection draws on selected presentations made at the BIS-sponsored sessions at the Latin American and Caribbean Economic Association (LACEA) meetings in 2010 in Medellín,… Continue Reading
Rep. Markeys report, Compounding Pharmacies, Compounding Risk
News release: “With the meningitis outreak death toll reaching 25 and 344 more sickened by injectable steroids manufactured at the New England Compounding Center (NECC), Congressman Edward J. Markey (D-Mass.) today released a new comprehensive report documenting more than a decade of violations and problems at compounding pharmacies throughout the nation. Rep. Markeys report, Compounding… Continue Reading
House Oversight and Government Reform Committee Report on Fast and Furious Operation, Part 2
Follow up to related postings on ATF’s Operation Fast and Furious program, see Fast and Furious: The Anatomy of a Failed Operation Part 2 of 3 – October 29, 2012 Chairman Darrell Issa: “The report discloses widespread management failures within the hierarchy of the Justice Department. The Justice Department has yet to evaluate these management… Continue Reading
Department of Labor – Highlights of Womens Earnings in 2011
Highlights of Womens Earnings in 2011, U.S. Department of Labor U.S. Bureau of Labor Statistics, October 2012, Report 1038 In 2011, women who were full-time wage and salary workers had median usual weekly earnings of $684, about 82 percent of median earnings for male full-time wage and salary workers ($832). In 1979, the first year… Continue Reading
Report – Need for a Sustainable Solution: Restoring the Balance In Safety Net Financing
“Hospitals and health systems that provide the bulk of care for societys most vulnerable people, such as the uninsured and Medicaid recipients, face a daunting challenge: steep cuts to federal support for uncompensated care and millions more uninsured patients than first projected under health care reform. Recent reports have focused largely on these two data… Continue Reading
A Review of Recent Research on Labor Supply Elasticities
A Review of Recent Research on Labor Supply Elasticities: Working Paper 2012-12, Robert McClelland and Shannon Mok: “This paper updates a review conducted by CBO in 1996 in which the agency evaluated the academic research on the effects of changes in after-tax wages on labor supply in the U.S. economy. That review concluded that substitution… Continue Reading
FDA Meningitis Investigation Continues
“FDA is advising medical professionals not to use products from a New England company being investigated in connection with a multistate meningitis outbreak.” “[October 26, 2012] the U.S. Food and Drug Administration released a copy of the FDA Form 483 issued to the New England Compounding Center (NECC). The FDA observed and has since confirmed… Continue Reading
2013 Army Weapon Systems Handbook
Via Steven Aftergood, Secrecy News: “The U.S. Army has just published the 2013 edition of its annual Weapon Systems Handbook, which is filled with updated information on dozens of weapon systems, the military contractors who produce them, and the foreign countries that purchase them…An appendix provides an informative breakdown of military industry contractors by weapon… Continue Reading
Federal Reserve Board announces annual indexing of reserve requirement exemption amount and of low reserve tranche for 2013
News release: “The Federal Reserve Board on October 25, 2012 announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for 2013. These amounts are used in the calculation of reserve requirements of depository institutions. The Board also announced the annual indexing of the nonexempt deposit cutoff level and… Continue Reading
