Official Google Blog: “More than 70 percent of the world’s population doesn’t own a car—a surprising fact for anyone who’s sat for what seems like hours on end in bumper-to-bumper traffic. Millions of people rely on public transit to get around. That’s why, since 2007, we’ve worked to include public transit routes and schedules in… Continue Reading
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Author Archives: Sabrina I. Pacifici
A Fragile Rebound for EU Image on Eve of European Parliament Elections
“Support for the European Union may be rebounding just in time for the European Parliament elections, according to a new survey of seven EU nations by the Pew Research Center. After a dramatic decline in the wake of the euro crisis, EU favorability is now on the rise in France, the United Kingdom, and Germany.… Continue Reading
Young Adults, Student Debt and Economic Well-Being
Via Pew, by Richard Fry: “Student debt burdens are weighing on the economic fortunes of younger Americans, as households headed by young adults owing student debt lag far behind their peers in terms of wealth accumulation, according to a new Pew Research Center analysis of government data. About four-in-ten U.S. households (37%) headed by an… Continue Reading
The Internet of Things Will Thrive by 2025
Pew – Many experts say the rise of embedded and wearable computing will bring the next revolution in digital technology. “To a notable extent, the experts agree on the technology change that lies ahead, even as they disagree about its ramifications. Most believe there will be: A global, immersive, invisible, ambient networked computing environment built through the… Continue Reading
Uranium Marketing Annual Report
Uranium purchases and prices: “Owners and operators of U.S. civilian nuclear power reactors (“civilian owner/operators” or “COOs”) purchased a total of 57 million pounds U3O8e (equivalent1) of deliveries from U.S. suppliers and foreign suppliers during 2013, at a weighted-average price of $51.99 per pound U3O8e. The 2013 total of 57 million pounds U3O8e decreased slightly compared… Continue Reading
China produces and consumes almost as much coal as the rest of the world combined
EIA – “Chinese production and consumption of coal increased for the 13th consecutive year in 2012. China is by far the world’s largest producer and consumer of coal, accounting for 46% of global coal production and 49% of global coal consumption—almost as much as the rest of the world combined. As a manufacturing country that… Continue Reading
Can Information Be Locked-Up? Informed Trading Ahead of Macro-News Announcements
Bernile, Gennaro and Hu, Jianfeng and Tang, Yuehua, Can Information Be Locked-Up? Informed Trading Ahead of Macro-News Announcements (May 10, 2014). Available at SSRN: http://ssrn.com/abstract=2436272 “U.S. government agencies routinely allow pre-release access to macroeconomic data to accredited news agencies under embargo agreements (i.e., news embargo or lockup). We use high frequency data to investigate whether there… Continue Reading
Shifting Priorities in the Federal Budget – CBO
Under Current Law, What Is the Outlook for Overall Federal Deficits, Debt, Spending, and Revenues? – Presentation to the Stanford Institute for Economic Policy Research by Douglas W. Elmendorf, Director, CBO, May 13, 2014. “By 2020, under current law: Federal spending for Social Security and the major health care programs will be roughly 50 percent larger relative to GDP than it… Continue Reading
New GAO Reports – Critical Infrastructure Protection, Disaster Resilience, Law Enforcement Body Armor
CRITICAL INFRASTRUCTURE PROTECTION: Observations on DHS Efforts to Implement and Manage its Chemical Security Program, GAO-14-608T: Published: May 14, 2014. Publicly Released: May 14, 2014. DISASTER RESILIENCE: Actions Are Underway, but Federal Fiscal Exposure Highlights the Need for Continued Attention to Longstanding Challenges, GAO-14-603T: Published: May 14, 2014. Publicly Released: May 14, 2014. LAW ENFORCEMENT BODY ARMOR: Status of DOJ’s Efforts… Continue Reading
Public Papers of the President Barack Obama
Public Papers of the Presidents of the United States: Barack Obama (2010, Book II). July 1 to July 1, 2010. Barack H. Obama. Pages 1001 1952. See also Public Papers of the Presidents of the United States: Barack Obama (2010, Book I) Continue Reading
CRS – Ukraine: Current Issues and U.S. Policy
Ukraine: Current Issues and U.S. Policy, Steven Woehrel, Specialist in European Affairs. May 8, 2014 “After a failed effort to violently disperse pro-European Union protests, the government of Ukrainian President Viktor Yanukovych collapsed on February 21, 2014. The Ukrainian parliament approved a new pro-reform, pro-Western government on February 27. New presidential elections arescheduled for May 25. Russia has… Continue Reading
Machines vs. Machines: High Frequency Trading and Hard Information
Huh, Yesol, Machines vs. Machines: High Frequency Trading and Hard Information (March 4, 2014). FEDS Working Paper No. 2014-33. Available at SSRN: http://ssrn.com/abstract=2436048 “In today’s markets where high frequency traders (HFTs) both provide and take liquidity, what influences HFTs’ liquidity provision? I argue that information asymmetry induced by liquidity-taking HFTs’ use of machine-readable information is important.… Continue Reading
