Government Policy

  • 2015-04-24 16:46


    --Google, IBM, Zillow, Esri, Intel, Many Others Tackle Econ Data

    WASHINGTON (MNI) - Bubbling out of an unprecedented gathering Friday of executives of government agencies and those from Google, Microsoft, Zillow, Intel, IBM and many other firms on the leading edge of data products were visions of weekly GDP reports, daily housing starts data and smart-phone apps that open up access to huge stores of government information.

    The inaugural meeting of the 19-member Commerce Data Advisory Council at Google's Washington headquarters ended with the organization of working groups to report back to the next meeting to further develop 10 recommendations boiled down from two days of brainstorming.

    The discussions ranged from how to use Silicon Valley job mobility to

  • 2015-04-24 08:35


    By Martin Baccardax

    LONDON (MNI) - European investors will look to two significant indications of the impact of the European Central Bank's quantitative easing programme is having on the real economy this week as the region's recovery shows signs of a modest slowdown in the second quarter.

    Flash April HICP figures from Eurostat Thursday (11:00 CET) may offer a hint as to the power of the Bank's asset purchase programme in not only lifting inflation expectations but also in influencing consumer price developments around the Eurozone.

  • 2015-04-24 01:29


    LONDON (MNI) - Latest polling data

    Con Lab LD UKIP Green SNP

    -------------------------------------------------------

    YouGov/Sun 24/04/15 33% 35% 8% 13% 4% n/a Survation 23/04/15 33% 29% 10% 18% 4% n/a ComRes 23/04/15 36% 32% 8% 10% 5% n/a PanelBase 23/04/15 31% 34% 7% 17% 4% n/a YouGov/Sun 23/04/15 33% 34% 7% 14% 5% n/a YouGov/Sun 22/04/15 35% 34% 7% 13% 5% n/a TNS UK 21/04/15 32% 34% 8% 15% 5% n/a YouGov/Sun 21/04/15 34% 35% 7% 13% 5% n/a Ashcroft 20/04/15 34% 30% 10% 13% 4% n/a ICM/Guardian 20/04/15 34% 32% 10% 11% 5% n/a

    The UK Parliament was dissolved on Monday March 30, triggering a near 6-week ca

  • 2015-04-23 16:56


    --Updating 13:16 ET Story With Afternoon Proceedings
    --Commerce Department Assesses Future of Economic Statistics
    --Why Not Weekly GDP Reports?

    WASHINGTON (MNI) - Attempting to refute the common criticism that the federal government keeps doing the same things over and over, only slower, the Commerce Department Thursday launched the first Commerce Data Advisory Data Council meeting, in search of a data "moonshot" project that applies the most advanced information technology to petabytes of government output.

    The new council is composed of 19 members drawn from the top echelon of many of the most advanced private-sector data companies like IBM, LinkedIn, Microsoft, Esri, Zillow, PayPal, Amazon, GE, Intel and, of course, Google, which made its Washington faciliti

  • 2015-04-23 13:20


    --Retransmitting 13:16 Story, Correcting 1st Paragraph Transposed Words
    --Commerce Department Assesses Future of Economic Statistics

    WASHINGTON (MNI) - Attempting to refute the common criticism that the federal government keeps doing the same things over and over, only slower, the Commerce Department Thursday launched the first Commerce Data Advisory Data Council meeting, being watched with some suspicion by many other federal agencies which wonder if they are seeing a power grab for their data budgets.

    Choosing to find someplace else to meet than the cavernous three-acre Commerce Department headquarters across the street from the Washington Monument, with its many unoccupied conference rooms, the CDAC began its existence at Google's Washington headquarters.

  • 2015-04-23 13:16


    --Commerce Department Assesses Future of Economic Statistics

    WASHINGTON (MNI) - Attempting to refute the common criticism that the federal government keeps doing the same things over and over, only slower, the Commerce Department Thursday launched the first Commerce Data Advisory Data Council meeting, being watched with some suspicion by many federal other agencies which wonder if they are seeing a power grab for their data budgets.

    Choosing to find someplace else to meet than the cavernous three-acre Commerce Department headquarters across the street from the Washington Monument, with its many unoccupied conference rooms, the CDAC began its existence at Google's Washington headquarters.

    Although they found Google's cafeteria is being kept off limits to t

  • 2015-04-23 12:14


    -IFS Study Shows Little Difference In Debt Reduction Plans Aside From Conservatives

    LONDON (MNI) - Independent analysis of the UK political parties' fiscal plans, based on their manifestos, shows that while all of them lack detail and have to be taken with a "pinch of salt", the Conservatives' plans do envisage markedly steeper debt reduction than their opponents', all of which appear pretty similar.

    The Institute for Fiscal Studies study, out Wednesday, highlights how the stated fiscal plans of Labour and the Scottish National Party are pretty much identical.

  • 2015-04-23 12:14


    --House Speaker: GOP To Do It's 'Part' To Pass TPA
    --Rep. Boehner: Open To Deal To Alter Sequester

    WASHINGTON (MNI) - House Speaker John Boehner said Thursday he expects the House to approve legislation renewing Trade Promotion Authority, but added that passing the bill will be a "heavy lift" that requires both congressional Republicans and the White House to do their share of the work.

    "I'm confident we'll get it done," Boehner said at a briefing.

    "We'll do our part.

  • 2015-04-23 11:56


    -IFS Study Shows Little Difference In Debt Reduction Plans Aside From Conservatives

    LONDON (MNI) - Analysis of the UK political parties' fiscal plans, based on their manifestos, shows that while all of them lack detail and have to be taken with a pinch of salt, the Conservatives' plans do envisage markedly steeper debt reduction than their opponents', which are all pretty similar.

    The independent Institute for Fiscal Studies study out Wednesday highlights how the stated fiscal plans of Labour and the Scottish National Party, which could form an informal alliance post the May 7 election, are pretty much identical.

  • 2015-04-23 09:35


    NEW YORK (MNI) - The following is the statement of the New York Department of Financial Services Thursday, which along with the UK's Financial Conduct Authority, the U.S. CFTC and Department of Justice are collecting $2.5 billion from Deutsche Bank for violations in connection with the manipulation of LIBOR, EURIBOR, the the IBOR indexes, a penalty steeper because of a lack of cooperation and the involvement of so many employees, seven of whom the authorities said still need to be fired. The bank had been fined E725 million by the European Union in 2013 for the same offenses, in total, the most of any of eight banks accused:

    Benjamin M.