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Monthly Archives: February 2013

Senate Appropriations Committee Posts Agency Responses to Impacts of Sequestration

The Impacts of Sequestration, Committee on Appropriations See also OMB Report Pursuant to the Sequestration Transparency Act – “The Sequestration Transparency Act of 2012 (STA) (P.L. 112-155) requires the President to submit to Congress a report on the potential sequestration triggered by the failure of the reduce the deficit by $1.2 trillion, as required by… Continue Reading

EPIC – Europe Prepares Action Against Google

EPIC: “The French Data Protection Commissioner, acting on behalf of the European Union, announced it will take action against Google after the company failed to reply to questions about its handling of user information. In October 2012, officials representing 24 countries in Europe sent a letter requiring Google to comply with European data protection laws,… Continue Reading

New GAO Reports: DHS, Pipeline Permitting, GAO Mission and Operations, Unmanned Aircraft Systems

Department of Homeland Security – Progress Made and Work Remaining after Nearly 10 Years in Operation, GAO-13-370T, Feb 15, 2013 Pipeline Permitting – Interstate and Intrastate Natural Gas Permitting Processes Include Multiple Steps, and Time Frames Vary, GAO-13-221, Feb 15, 2013 GAO Mission and Operations – Summary of GAO’s Performance and Accountability Report Fiscal Year… Continue Reading

Capitalizing on the Evolving Power Sector: Policies for a Modern and Reliable U.S. Electric Grid

“The U.S. electric power sector faces a significant transition over the next decade, with implications for the cost, reliability, and environmental impacts of the electricity supply. Specifically, economic trends and state and federal energy and environmental policies will continue to increase the share of natural gas and renewable energy in the generation mix. This ongoing… Continue Reading

Libraries, e-Lending and the Future of Public Access to Digital Content

Libraries, e-Lending and the Future of Public Access to Digital Content, Prepared by Civic Agenda, International Federation of Library Associations and Institutes (IFLA) “Owing to the maturity of the e-book market in Europe and North America, this paper necessarily depends upon numerous examples which are drawn from those territories. In a document of this length… Continue Reading

Treasury and Federal Reserve Foreign Exchange Operations, October–December 2012

U.S. Monetary Authorities Did Not Intervene in FX Markets During the Fourth Quarter: “During the fourth quarter, the U.S. dollar’s nominal trade-weighted exchange value increased 1.0 percent as measured by the Federal Reserve Board’s major currencies index. Th e dollar appreciated 11.3 percent against the Japanese yen and depreciated 2.5 percent against the euro, though… Continue Reading

Margin requirements for non-centrally cleared derivatives – Second consultative document

Margin requirements for non-centrally cleared derivatives – Second Consultative Document, February 2013 “The Basel Committee on Banking Supervision and the International Organization of Securities Commissions (IOSCO) have today published a second consultative paper which represents a near-final proposal on margin requirements for non-centrally-cleared derivatives. Several features of the near-final proposal are intended to manage the… Continue Reading

Short-Term Energy Outlook Supplement: Key drivers for EIA’s short‐term U.S. crude oil production outlook

“Crude oil production increased by 790,000 barrels per day (bbl/d) between 2011 and 2012, the largest increase in annual output since the beginning of U.S. commercial crude oil production in 1859. The U.S. Energy Information Administration (EIA) expects U.S. crude oil production to continue rising over the next two years represented in the Short‐Term Energy… Continue Reading

Dept. of Energy IG – Management of the Award of a $150 Million Recovery Act Grant to LG Chem Michigan Inc.

OIG Special Report: “The Department of Energy’s Vehicle Technologies Program was established to develop and deploy efficient and environmentally friendly highway transportation technologies to reduce the Nation’s dependence on foreign oil and provide greater energy security. The Vehicle Technologies Program received $2.4 billion under the American Recovery and Reinvestment Act of 2009 (Recovery Act) for… Continue Reading

New Report – APT1: Exposing One of China’s Cyber Espionage Units

News release: “The Mandiant® Intelligence Center™ released a detailed report exposing a multi-year espionage campaign by one of the largest “Advanced Persistent Threat” (APT) groups. The report, APT1: Exposing One of China’s Cyber Espionage Units, provides evidence linking one group, designated by Mandiant as APT1, to China’s 2nd Bureau of the People’s Liberation Army (PLA)… Continue Reading