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Daily Archives: July 28, 2015

Are you in the global middle class?

“On a global scale, just 13% of the world’s population could be considered middle income in 2011, according to a new Pew Research Center analysis of the most recently available data. Most people in the world were either low income (56%) or poor (15%), while only 9% lived at an upper-middle-income standard and 7% were high income. See where you fit. Start by entering your household’s income in 2014 in the currency of your country (our study covers 111 countries). This could be in daily, weekly, monthly or annual terms. Ideally, it should be the total income of all earners in the household. Your best guess will do. Next, enter the number of people in your household, including yourself. (Pew Research Center does not store or share any of the information you enter.)”

Agencies Provide Additional Guidance for Certain Resolution Plans

News release: “The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Tuesday provided guidance to 119 firms that in December will be filing updated resolution plans. Based on a review of their plans submitted late last year, the agencies are tailoring the requirements for the submissions. Some firms will receive individual feedback… Continue Reading

The Data Transparency Coalition

“The Data Transparency Coalition advocates on behalf of the private sector and the public interest for the publication of government information as standardized, machine-readable data. We believe governments should adopt non-proprietary data standards for the information they generate or collect, and publish such information as machine-readable data, especially with regard to their spending, regulatory, legislative,… Continue Reading

Cyber Intrusion into U.S. Office of Personnel Management: In Brief

CRS – Cyber Intrusion into U.S. Office of Personnel Management: In Brief, July 17, 2015. “On June 4, 2015, the U.S. Office of Personnel Management (OPM) revealed that a cyber intrusion had impacted its information technology systems and data, potentially compromising the personal information of about 4.2 million former and current federal employees. Later that… Continue Reading

Airline Passenger Rights: The Federal Role in Aviation Consumer Protection

Airline Passenger Rights: The Federal Role in Aviation Consumer Protection. Rachel Y. Tang Analyst in Transportation and Industry. July 21, 2015. “The 1978 deregulation of the airline industry in the United States eliminated federal control over many airline business practices, including pricing and domestic route selection. However, the federal government continues to legislate and enforce… Continue Reading

CRS Insights – OPM Data Breach

OPM Data Breach: Personnel Security Background Investigation Data. Michelle D. Christensen, Analyst in Government Organization and Management, July 24, 2015 (IN10327): “In a July 9, 2015, news release on the cyber-intrusions of its systems, OPM “concluded with high confidence that sensitive information, including the Social Security Numbers (SSNs) of 21.5 million individuals, was stolen from the… Continue Reading