The organisation, which has 160 employees, says it is still trying to understand how staff will be affected

The partial federal government shutdown is one week old, but economists are still saying that its impact in Southern California and elsewhere will be limited.

Susanne Whatley: Business analyst Mark Lacter, why is that?

Mark Lacter: If you look back on the history of these things, Susanne, you see that the disputes are resolved before too much damage gets done.  As for Southern California, I notice that KPCC's Alice Walton was asking around over the weekend about the shutdown, and most folks gave it a shrug.  The regional economy is just too diversified - and not especially tied to federal employment.  You have about 46,000 federal workers employed in L.A. County in one capacity or another - that's out of a workforce of nearly 5 million.  And, now it appears as if the federal employees who have been furloughed are going to receive their back wages whenever the shutdown finally ends.

Whatley: That still might make things dicey when it comes time to pay the monthly mortgage...

Lacter: ...but at least money will be available before most folks run into serious liquidity issues.  That's what the shutdown really comes down to - inconvenience rather than dislocation.  And, you see this with the various government services affected: the E-Verify website is down - that lets business owners know whether the people they're wanting to hire can work legally in the U.S., which obviously is important.  The Small Business Administration has stopped processing loan applications, and the Federal Housing Administration is reporting delays in its loan processing, which could mean a home buyer might not complete his or her paperwork all that quickly.

Whatley: But, what if this were to go on for months?

Lacter: Well, then it would create problems, but nobody really thinks that's going to happen.  The real issue, not just nationally and regionally - but globally - is the refusal by Congress to raise the debt ceiling.  The deadline is a week from Thursday, and - of course - there's been all sorts of debate about what this would mean for the economy.

Whatley: All right, so what would this mean for the economy?

Lacter: Well, no one knows exactly.  But, then again, no one knows exactly what would happen if you fell out of a airplane without a parachute.  I just wouldn't want to test it out.  And, of course, let's keep in mind that these are manufactured crises - not reflective of anything that's going on with the real economy.  It's certainly not reflective of anything that's going on in L.A., which saw a big jump in payroll jobs for 2012 - actually it was the sharpest increase since 2005, and nearly double the national rate (that's despite an unemployment rate that remains very high in certain parts of Los Angeles).

Whatley: What about some of the big locally based companies?

Lacter: Well, if your company is publicly traded, there's a good chance your shares took a dip these past few days.  Going back to September 18, the Dow has lost almost 700 points, which - percentage-wise - is not very much, but it is reflective of how uneasy Wall Street has become.  Public companies based in the L.A. area are taking it on the chin - Disney, Amgen, Mattel, DirecTV - their stock prices are all down going back to the middle of September.

Whatley: Even so, hasn't this been a good year for the stock market?

Lacter: It has - those local companies are up anywhere from 13 percent 30 percent year to date, and the Dow is up 14 percent year to date.  Of course, the stock price of a company doesn't always match the amount of money it makes, and this year, even before worries about the debt ceiling, the numbers haven't been as good as they should be at this stage of a recovery.  And, that's why there's particular concern about next week.  You do have to wonder whether a default could have ripple effects involving trade, consumer spending, the dollar - who knows what?  Now, it's still a pretty good bet that saner heads will prevail, although there are no guarantees - and again, if worse came to worse, do you really want to be jumping out of that plane?  Guess we'll find out.

Mark Lacter writes for Los Angeles Magazine and pens the business blog at LA Observed.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.

A new Victorian Government medical technology strategy will position Victoria as an internationally competitive developer of medical technology. Victoria’s Medical Technology Industry Strategy will create more high value jobs and attract investment for the state’s advanced manufacturing sector.

The Victorian Government has this week invited Expressions of Interest (EOIs) for the delivery of 13 new schools under the $223 million New Schools Public Private Partnership (PPP) project. The PPP will see the selected consortium finance, design and construct 13 new schools and maintain them over a 25 year period. The schools will be built in two tranches, with the first tranche opening to students in 2017 and the second in 2018. The Victorian Government will retain responsibility for teaching and curriculum, with the Government stating that the structure will allow teaching staff to focus wholly on educational outcomes.

Event Begins: Thursday, November 14, 2024 6:00pm
Location:
Organized By: University Career Center

Are you a student or recent graduate passionate about making a difference? Join us this fall for our virtual information sessions hosted by the Partnership for Public Service! Our Call to Serve team is excited to guide you through the pathways to impactful careers in the federal government. The Partnership’s Call to Serve team will share: 
Entry-level government opportunities, including internship and fellowship programs.
Practical tips to navigate the federal hiring process.
Tools for effectively searching government jobs.
This is a unique chance to gain valuable insights and set yourself on a path to make a meaningful impact in the federal government. Don’t miss out—spaces are limited, so secure your spot today by signing up here.  Participants are required to sign up on our website, do not sign up via Handshake! 

The post Government could save £21m by allowing four-day week appeared first on Personnel Today.

Elon Musk will co-lead a newly created Department of Government Efficiency in the Trump administration, president-elect Trump said late Tuesday. According to Trump’s press statement, the Department of Government Efficiency will […]

VIENNA, 21 July 2016 – The mass cancellation of broadcasting licenses, criminal investigations against, and dismissal of, hundreds of journalists at the state broadcaster, and blocked websites are the latest, severe challenges to freedom of expression and media freedom in Turkey, Dunja Mijatović, the OSCE Representative on Freedom of the Media, said today.

Fully aligning herself with the statement made by the Chairperson-in-Office and German Foreign Minister Frank-Walter Steinmeier, and OSCE Secretary General Lamberto Zannier on 16 July, strongly condemning any attempt to change the democratic order of Turkey through the use of force (statement available at www.osce.org/cio/254431), the Representative said:

“Democratically elected governments must be safeguarded, but they in turn must protect media freedom and support the role journalists play in ensuring and strengthening democracies,” Mijatović said.  “Fully recognizing the difficult times that Turkey is going through, the authorities need to ensure media freedom offline and online in line with their international commitments.”

On 19 July, the Radio and Television Supreme Council of Turkey (RTÜK) cancelled the licenses of radio and television stations that allegedly support the Gulen movement. The following television channels are currently affected: STV, Samanyolu Haber, Samanyolu Haber Radyo, Can Erzincan TV, Kanal 124, Yumurcak TV, Hira TV, MC TV, Dünya TV, Kanal Türk, Bugün TV, Mehtap TV, Berfin FM, Kanal Türk Radyo, Burç FM, Samanyolu Haber Radyosu, Radyo Mehtap, Haber Radyo Ege, Dünya Radyo, Radyo Küre, Merkür TV, Esra Radyo, Tuna Shoping TV, and Radyo Anadolu.

“Using the full force of my mandate, I urge the authorities of Turkey to ensure that pluralistic debate, diverging views and safety of journalists are respected,” Mijatović said, adding that the deteriorating media freedom situation in Turkey have been subject to numerous interventions from her Office in the past few years (available at www.osce.org/fom).

Also on 19 July, the Ankara Public Prosecutor’s Office launched an investigation against 370 staff members of the state broadcaster TRT, for their alleged links to the Gulen movement.  

Further, the Representative expressed concern about the rapidly growing number of blocked websites in Turkey. In the past few days, dozens of websites suspected for endangering national security and public order have been blocked. More than 112.000 websites are reported being blocked in the country today.  

Mijatović noted with deep concern reports about death threats being made in social media against journalists critical to the authorities, and emphasized the importance of journalists’ safety. She also recalled warnings in several major media outlets announcing the possible arrests of members of the media on terrorism charges. She said that Turkey holds more journalists in prison than any other OSCE participating State – a fact her Office continuously raises attention to, by regularly publishing a detailed table on imprisoned journalists.

“Freedom of expression does not stop at views deemed appropriate by the government,” Mijatović said. “It remains the role of journalists to inform people of public issues, including highly sensitive ones, and it remains the role of the authorities to ensure that journalists can do so freely and safely.”

The Representative offered the continued assistance and expertise of her Office to the authorities in Turkey ensuring that media freedom and freedom of expression are protected, even under difficult circumstances.

The OSCE Representative on Freedom of the Media observes media developments in all 57 OSCE participating States. She provides early warning on violations of freedom of expression and media freedom and promotes full compliance with OSCE media freedom commitments. Learn more at www.osce.org/fom, Twitter: @OSCE_RFoM and on www.facebook.com/osce.rfom. 

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https://www.nytimes.com/2024/11/13/opinion/climate-change-politics-trump-cop29.html By David Wallace-Wells When the COP29 climate conference comes to an end next week, it will have concluded without an appearance by President Biden. This is not because Donald Trump just won the election, supplanting the outgoing American head of state on the world stage. The president-elect isn’t attending, either. Neither is Vice President […]

Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like “much wow,” has been surging in value since Donald Trump won the presidential election last week.

President-elect Donald Trump is starting to round out his new administration and is already making unprecedented changes.

During his “Closer Look” segment on Wednesday night, Seth Meyers commented on President-elect Donald Trump’s Cabinet picks for several key roles, including Fox News host and Army National Guard veteran Pete Hegseth leading the Department of Defense. “While Biden’s looking for ways to accommodate Trump, Trump’s looking for ways to tear down everything Biden did. […]

The new organization isn't an official department. It is charged with working from the outside of the government to offer the White House “advice and guidance."

The post Musk & Ramaswamy tapped to head government efficiency effort first appeared on Federal News Network.

Republicans win 218 US House seats, giving Donald Trump and the party control of government

Musk's Department of Government Efficiency to target "massive waste and fraud."

India's economic growth in the second half of this financial year will be driven by rural demand and government spending. The rural economy is gaining momentum. Consumer durables and non-durables are showing strong performance. The manufacturing sector is also exhibiting growth. However, there are signs of a slowdown in industrial growth.

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Elon Musk’s favorite cryptocurrency Dogecoin spiked by as much as 20% Wednesday after the Tesla mogul was tapped by President-elect Donald Trump to lead a newly created “Department of Government Efficiency” — or DOGE. The meme coin, which features an image of a Shiba Inu breed dog and was created…

The incoming Trump administration’s solution to government spending is a new Department of Government Efficiency led by co-department chiefs: the world’s richest man and Trump’s former political opponent. But while on the surface the plan to cut government spending seems simple, the “department,”…

Republicans will have at least the 218 votes needed to control the 435-seat House of Representatives, Edison projected, with nine races yet to be called.

President-elect Donald Trump has appointed successful businessmen Elon Musk and Vivek Ramaswamy to help ferret out and identify budget items to cut to save the U.S. treasury money. Trump has created a new initiative that is being called the Department of Government Efficiency (DOGE) according to reports on Tuesday. “I am pleased to announce that […]

The post SLASHERS: Donald Trump Appoints Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency appeared first on The Lid.

With the GOP retaining control of the House, Trump will enjoy a trifecta for at least the first two years of his term.

"The entertainment value will be epic," the billionaire said.

Minister in the Presidency Khumbudzo Ntshavheni said illegal miners trapped underground are criminals, and the government won't send help.

In submissions on the issue, four Indigenous governments argued in favour of the Sahtu Secretariat’s right to refer Imperial Oil to environmental assessment, while the Town of Norman Wells and Northwest Territories government supported Imperial Oil’s application to stop the assessment.

Elected officials of Nantes, Que., are putting an end to talks with the federal government about the Lac-Mégantic rail bypass, citing a lack of communication about the file.

The Aam Aadmi Party (AAP) on Wednesday said only the lieutenant governor has the power to formulate a policy for permanently reinstating the bus marshals as it is a matter of services and law and order.

Donald Trump has tasked Elon Musk with setting up a panel to streamline the US government. Although the president-elect has said little about how this group would operate, Musk has previously set an ambitious goal of cutting $2 trillion of spending.

The Aam Aadmi Party (AAP) on Wednesday said only the lieutenant governor has the power to formulate a policy for permanently reinstating the bus marshals as it is a matter of services and law and order.

[SAnews.gov.za] The Government of South Africa has condemned the spreading of disinformation concerning its case before the International Court of Justice (ICJ).

Donald Trump, US President-Elect, has appointed Elon Musk, chief executive officer (CEO) of Tesla and SpaceX, to lead a soon to be established Department of Government Efficiency (DOGE). Musk, was a staunch supporter of Trump during the electioneering leading up to the November 5 presidential election in which the former president defeated Vice-President Kamala Harris […]

The post Trump appoints Elon Musk to lead department of government efficiency first appeared on Business Hallmark.

ZHUHAI, China — Authorities in the southern Chinese city of Zhuhai removed wreaths, candles and even bottles of Chinese alcohol laid at the scene of the deadliest mass killing in the country in a decade, as the government scrambled to respond and censor the outrage online. On Monday, a male driver angry at his divorce settlement rammed his car into a crowd at a sports center in the city of 2.5 million, killing 35 people and injuring 43, but the government took almost a day to announce the death toll. This prompted an outrage on Chinese social media, where posts complaining about the government's slow response and raising questions about the mental health of a nation shaken by a recent spate of similar killings, were being quickly removed. Despite the efforts to clear the site in Zhuhai, which is near Macau, delivery drivers on motorbikes kept dropping off fresh flowers on Wednesday morning, even as authorities erected temporary barriers around the makeshift vigil area and deployed security personnel. “The authorities hadn’t released any information - some colleagues mentioned it and I couldn’t believe it at first, but it was confirmed later,” said a 50-year-old man who identified himself as Zheng who brought flowers to the site. “It’s just a spontaneous feeling I had. Even though I don’t know them personally, I had family members who passed away in the past, so I understand that feeling," said Zheng. Some wreaths carried handwritten notes: "Strangers travel well. May there be no demons in heaven,” read one. On another: “May there be no thugs in heaven. Good will triumph over evil. Rest in peace.” After initially allowing journalists to briefly speak to the people laying the flowers, a handful of security personnel sporting light blue uniforms and caps told reporters not to talk to the people or to film specific messages on the bouquets. The attack happened as Zhuhai captured China's attention with the People's Liberation Army's largest annual airshow, where a new stealth jet fighter is on display for the first time. China’s state broadcaster CCTV did not mention the attack in its 30-minute midday news bulletin. Instead, the program led with President Xi Jinping's departure for the APEC summit in Peru and devoted a portion of the airtime to the airshow. Other state media, such as China Daily's Chinese language website, also prominently displayed the news of Xi's upcoming visit to Peru. The current affairs part of China Daily's website and the local area page did not mention the incident either. Hundreds of rescue personnel were deployed to provide emergency treatment, and more than 300 healthcare workers from five hospitals worked around the clock to save lives, state media's Beijing Daily reported on Tuesday. There was no indication that the attack was related to the airshow. But it was the second such incident to occur during the Zhuhai airshow: in 2008, at least four people were killed and 20 injured when a man drove a truck into a crowded schoolyard during the airshow. Police said that attacker had been seeking revenge over a traffic dispute. Xi, cited by CCTV on Tuesday, ordered all-out efforts to treat the injured and demanded severe punishment for the perpetrator. The central government has dispatched a team to provide guidance on handling of the case, CCTV said. Violent crime is rare in China due to tight security and strict gun laws. However, a rise in reports of knife attacks in large cities has drawn public attention to safety in public spaces. The deadliest attack Reuters was able to identify in recent years in China took place in Urumqi, in China's western Xinjiang region, in 2014, in which suicide bombers killed 39 people and four of the five attackers also died.

WASHINGTON — Republicans have won enough seats to control the U.S. House, completing the party’s sweep into power and securing their hold on U.S. government alongside President-elect Donald Trump. A House Republican victory in Arizona, alongside a win in slow-counting California earlier Wednesday, gave the GOP the 218 House victories that make up the majority. Republicans earlier gained control of the Senate from Democrats. With hard-fought yet thin majorities, Republican leaders are envisioning a mandate to upend the federal government and swiftly implement Trump’s vision for the country. The incoming president has promised to carry out the country’s largest-ever deportation operation, extend tax breaks, punish his political enemies, seize control of the federal government’s most powerful tools and reshape the U.S. economy. The GOP election victories ensure that Congress will be onboard for that agenda, and Democrats will be almost powerless to check it. When Trump was elected president in 2016, Republicans also swept Congress, but he still encountered Republican leaders resistant to his policy ideas, as well as a Supreme Court with a liberal majority. Not this time. When he returns to the White House, Trump will be working with a Republican Party that has been completely transformed by his “Make America Great Again" movement and a Supreme Court dominated by conservative justices, including three that he appointed. Trump rallied House Republicans at a Capitol Hill hotel Wednesday morning, marking his first return to Washington since the election. "I suspect I won’t be running again unless you say, 'He’s good, we got to figure something else,'" Trump said to the room full of lawmakers who laughed in response. House Speaker Mike Johnson, who with Trump's endorsement won the Republican Conference's nomination to stay on as speaker next year, has talked of taking a “blowtorch” to the federal government and its programs, eyeing ways to overhaul even popular programs championed by Democrats in recent years. The Louisiana Republican, an ardent conservative, has pulled the House Republican Conference closer to Trump during the campaign season as they prepare an “ambitious” 100-day agenda. "Republicans in the House and Senate have a mandate," Johnson said earlier this week. "The American people want us to implement and deliver that ‘America First’ agenda." Trump's allies in the House are already signaling they will seek retribution for the legal troubles Trump faced while out of office. The incoming president on Wednesday said he would nominate Rep. Matt Gaetz, a fierce loyalist, for attorney general. Meanwhile, Rep. Jim Jordan, the chair of the powerful House Judiciary Committee, has said Republican lawmakers are "not taking anything off the table" in their plans to investigate special counsel Jack Smith, even as Smith is winding down two federal investigations into Trump for plotting to overturn the results of the 2020 presidential election and hoarding classified documents at his Mar-a-Lago estate. Still, with a few races still uncalled the Republicans may hold the majority by just a few seats as the new Congress begins. Trump's decision to pull from the House for posts in his administration — Reps. Gaetz, Mike Waltz and Elise Stefanik so far — could complicate Johnson's ability to maintain a majority in the early days of the new Congress. Gaetz submitted his resignation Wednesday, effective immediately. Johnson said he hoped the seat could be filled by the time the new Congress convenes January 3. Replacements for members of the House require special elections, and the congressional districts held by the three departing members have been held by Republicans for years. With the thin majority, a highly functioning House is also far from guaranteed. The past two years of Republican House control were defined by infighting as hardline conservative factions sought to gain influence and power by openly defying their party leadership. While Johnson — at times with Trump's help — largely tamed open rebellions against his leadership, the right wing of the party is ascendant and ambitious on the heels of Trump's election victory. The Republican majority also depends on a small group of lawmakers who won tough elections by running as moderates. It remains to be seen whether they will stay onboard for some of the most extreme proposals championed by Trump and his allies. House Democratic Leader Hakeem Jeffries, meanwhile, is trying to keep Democrats relevant to any legislation that passes Congress, an effort that will depend on Democratic leaders unifying over 200 members, even as the party undergoes a postmortem of its election losses. In the Senate, GOP leaders, fresh off winning a convincing majority, are already working with Trump to confirm his Cabinet picks. Sen. John Thune of South Dakota won an internal election Wednesday to replace Sen. Mitch McConnell, the longest serving party leader in Senate history. Thune in the past has been critical of Trump but praised the incoming president during his leadership election bid. "This Republican team is united. We are on one team," Thune said. "We are excited to reclaim the majority and to get to work with our colleagues in the House to enact President Trump’s agenda." The GOP’s Senate majority of 53 seats also ensures that Republicans will have breathing room when it comes to confirming Cabinet posts, or Supreme Court justices if there is a vacancy. Not all those confirmations are guaranteed. Republicans were incredulous Wednesday when the news hit Capitol Hill that Trump would nominate Gaetz as his attorney general. Even close Trump allies in the Senate distanced themselves from supporting Gaetz, who had been facing a House Ethics Committee investigation into allegations of sexual misconduct and illicit drug use. Still, Trump on Sunday demanded that any Republican leader must allow him to make administration appointments without a vote while the Senate is in recess. Such a move would be a notable shift in power away from the Senate, yet all the leadership contenders quickly agreed to the idea. Democrats could potentially fight such a maneuver. Meanwhile, Trump's social media supporters, including Elon Musk, the world's richest man, clamored against picking a traditional Republican to lead the Senate chamber. Thune worked as a top lieutenant to McConnell, who once called the former president a "despicable human being" in his private notes. However, McConnell made it clear that on Capitol Hill the days of Republican resistance to Trump are over. 

[Shabelle] Mogadishu, Somalia -- Somalia's Deputy Minister of Information, Abdirahman Al Adale, has categorically denied allegations suggesting that the federal government had a hand in the suspension of numerous Facebook accounts belonging to notable politicians and journalists.

Local government reform had been undertaken without preparation, Akel leader Stefanos Stefanou said on Wednesday. The two and a half years which had been granted while elections were postponed had not been used to do what was needed, resulting in playing catch up, he said. The relevant ministries “have not shown the necessary fervour” towards […]

Interior Minister Constantinos Ioannou on Wednesday said he was not “indifferent” to the challenges of local government reform and that he in fact “did more than that for which the law provides”. Ioannou was reacting to claims made by Akel that the government had “not shown the necessary fervour” in its efforts to ensure a […]

After a brief meeting with representatives of the state health services, Okypy, the perennially angry leader of Pasyki (government doctors union), Sotiris Koumas walked out because his members would not be paid the amount he was demanding for work done in 2023. Shortly after the meeting he appeared on a lunch-time news show on CyBC […]

“Republicans in the House and Senate have a mandate,” Johnson said earlier this week. “The American people want us to implement and deliver that ‘America First’ agenda.”

Are you not entertained?

Jordan Libowitz from Citizens for Responsibility and Ethics in Washington on Elon Musk and Vivek Ramaswamy's potential ethical obligations.

Elon Musk has jokingly suggested the 'Department of Government Efficiency' to describe his role with the new Trump administration.

The Department of Government Efficiency (DOGE) went live on X Wednesday, giving the public a way to question and see how tax dollars are being spent.

Republicans have won enough seats to control the U.S. House, completing the party's sweep into power and securing their hold on U.S. government alongside President-elect Donald Trump.

Fox News host Jesse Watters broke down what Washington can expect as President-elect Trump gets his new administration staffed on “Jesse Watters Primetime.”

'Gutfeld!' panelists react to the latest round of Cabinet picks in President-elect Trump's upcoming administration.