capital

Covid-19 competence has given Australian governments some political capital. But there's a flipside | Katharine Murphy

By www.theguardian.com
Published On :: 2020-05-08T20:00:36Z

Politicians have set a high bar for themselves – success on coronavirus has created community expectations that will be challenging to shift

“Let’s not give everything back, let’s not throw away all the progress we’ve made by letting our frustration get the better of us.” This was Daniel Andrews on Friday afternoon, shortly after national cabinet resolved to gradually restart economic and social activity by July.

The Victorian premier wanted people to understand he’d be hastening slowly – the message being here in the Massachusetts of Australia, we decide how quickly we’ll remove coronavirus restrictions. We don’t apply an arbitrary national average.

Continue reading...


Full Article

capital

Divorce, solo parenting and crowded flatshares: 5 tales of self-isolation around the capital

By www.standard.co.uk
Published On :: 2020-04-17T12:09:09Z

From the now-trapped together couple who had just decided to divorce, to a cramped houseshare of ten people... Londoners on their new lockdown lives


Full Article

capital

Real Madrid fan trumpets stirring rendition of club anthem from rooftop in Spanish capital

By www.standard.co.uk
Published On :: 2020-05-04T09:12:00Z

A trumpet-playing Real Madrid fan has won applause in the street and now online with his rendition of the club's La Decima song during lockdown in the Spanish capital.


Full Article

capital

Capitals cut ties with Brendan Leipsic after leak of disparaging and misogynistic social media comments

By www.thestar.com
Published On :: Fri, 8 May 2020 12:49:00 EDT


The former Leafs forward commented on the physical appearances of Vancouver forward Tanner Pearson’s wife and Edmonton captain Connor McDavid’s girlfriend. He also called Capitals linemates Garnet Hathaway and Nick Dowd losers.


Full Article

capital

Australia capitalises on low fuel prices to establish stockpile in US

By www.abc.net.au
Published On :: Wed, 22 Apr 2020 13:50:01 +1000

Australia will buy fuel from the US at historic low prices to bolster its national stockpile, after criticisms that the Government only holds about 30 days' worth of fuel in domestic storage, far below the 90-day minimum.


Full Article

capital

Orient Hontai Capital Acquires AppLovin for $1,420,000,000

By www.sandhill.com
Published On :: Wed, 28 Sep 2016 07:00:05 +0000

AppLovin turns mobile into the medium of choice for brands by using data gathered across screens to deliver dynamic mobile ads for consumers.


Full Article

capital

Justice Department Seeks to Bar New York Attorney from Using Employment Taxes as Working Capital

By www.justice.gov
Published On :: Thu, 7 May 2009 14:51:19 EDT

The United States has filed a lawsuit against New York attorney Thomas B. Pruzan, d/b/a the Pruzan Law Firm, seeking to put an end to Mr. Pruzan’s repeated failure to timely deposit and pay the employment and unemployment taxes due from his law firm, as well as his failure to timely file employment and unemployment tax returns with the Internal Revenue Service.


Full Article

  • OPA Press Releases
capital

Provident Capital Indemnity, Its President and Auditor Charged in $670 Million Fraud Scheme

By www.justice.gov
Published On :: Wed, 19 Jan 2011 18:07:34 EST

The president and the auditor of a Costa Rican company selling reinsurance bonds to life settlement companies were arrested and charged, along with the company itself, in a seven-count indictment unsealed today for their alleged role in a $670 million fraud scheme involving victims throughout the United States and abroad.


Full Article

  • OPA Press Releases
capital

GE Funding Capital Market Services Inc. Admits to Anticompetitive Conduct by Former Traders in the Municipal Bond Investments Market and Agrees to Pay $70 Million to Federal and State Agencies

By www.justice.gov
Published On :: Fri, 23 Dec 2011 11:08:25 EST

GE Funding Capital Market Services Inc. entered into an agreement with the Department of Justice to resolve the company’s role in anticompetitive activity in the municipal bond investments market and agreed to pay a total of $70 million in restitution, penalties and disgorgement to federal and state agencies.


Full Article

  • OPA Press Releases
capital

Justice Department Reaches $12 Million Settlement to Resolve Violations of the Servicemembers Civil Relief Act by Capital One

By www.justice.gov
Published On :: Thu, 26 Jul 2012 15:44:11 EDT

Capital One N.A. and Capital One Bank (USA) N.A. (together Capital One), have agreed to pay approximately $12 million to resolve a lawsuit by the Department of Justice alleging the companies violated the Servicemembers Civil Relief Act.


Full Article

  • OPA Press Releases
capital

Justice Department and Consumer Financial Protection Bureau Reach $169 Million Settlement to Resolve Allegations of Credit Card Lending Discrimination by GE Capital Retail Bank

By www.justice.gov
Published On :: Tue, 2 Sep 2014 11:57:51 EDT

The Department of Justice and the Consumer Financial Protection Bureau (CFPB) today announced a settlement to resolve allegations that GE Capital Retail Bank, known as of this month as Synchrony Bank, engaged in a nationwide pattern or practice of discrimination by excluding Hispanic borrowers from two of its credit card debt-repayment programs


Full Article

  • OPA Press Releases
capital

Remarks by Acting Assistant Attorney General for the Civil Rights Division Jocelyn Samuels at GE Capital Retail Bank Press Conference

By www.justice.gov
Published On :: Thu, 19 Jun 2014 13:25:34 EDT

The settlement resolves claims that the bank discriminated against Hispanic borrowers by excluding them from two credit card debt-repayment programs. It is the federal government’s largest credit card discrimination settlement in history.


Full Article

capital

Oberland Capital nabs $1.05B raise for late-stage plays, handing out cash for royalties

By www.fiercebiotech.com
Published On :: Tue, 05 May 2020 10:29:40 +0000

Come on in, the water’s warm. After billions already raised by VC firms since the advent of the pandemic for life science companies, Oberland Capital has tossed more than $1 billion into the pot.


Full Article

capital

Hitachi Capital, Yokogawa, and amnimo Enter into a Comprehensive Partnership Agreement for IIoT Business

By www.yokogawa.com
Published On :: 2020-03-26T11:00:00+09:00

On March 25, 2020, Hitachi Capital Corporation, Yokogawa Electric Corporation (TOKYO: 6841), and amnimo Inc., a subsidiary of Yokogawa, entered into a comprehensive partnership agreement with an aim to provide new services by adding Industrial IoT ("IIoT") to each company's technologies, know-how, and lease equipment.


Full Article

capital

Seeking for Multiple Faculty Positions in Capital Normal University (CNU)

By feeds.nature.com
Published On :: Tue, 05 Nov 2019 10:12:57 +0000

About CNU
Capital Normal University (CNU) was founded in 1954. Being a national “Double-First Class” university and “Province-Ministry Co-sponsored” (Beijing and the Education Ministry) university, CNU has extensively broad disciplines including literature, sciences, engineering, management, law, education, foreign languages and arts. For over 60 years, CNU has cultivated more than 200 thousand graduates specializing in various fields. Currently, CNU is an important talent training base of Be…


Full Article

capital

Seeking for Multiple Faculty Positions in Capital Normal University (CNU)

By feeds.nature.com
Published On :: Wed, 04 Dec 2019 08:58:51 +0000

About CNU
Capital Normal University (CNU) was founded in 1954. Being a national “Double-First Class” university and “Province-Ministry Co-sponsored” (Beijing and the Education Ministry) university, CNU has extensively broad disciplines including literature, sciences, engineering, management, law, education, foreign languages and arts. For over 60 years, CNU has cultivated more than 200 thousand graduates specializing in various fields. Currently, CNU is an important talent training base of Be…


Full Article

capital

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

By feedproxy.google.com
Published On :: Jul 8, 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.


Full Article

capital

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

By feedproxy.google.com
Published On :: Jul 8, 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.


Full Article

capital

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

By feedproxy.google.com
Published On :: Jul 8, 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.


Full Article

capital

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

By feedproxy.google.com
Published On :: Jul 8, 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.


Full Article

capital

Capital Choices: Sectoral Politics and the Variation of Sovereign Wealth

By feedproxy.google.com
Published On :: Jul 8, 2019

Capital Choices analyzes the creation of different SWFs from a comparative political economy perspective, arguing that different state-society structures at the sectoral level are the drivers for SWF variation. Juergen Braunstein focuses on the early formation period of SWFs, a critical but little understood area given the high levels of political sensitivity and lack of transparency that surround SWF creation. Braunstein’s novel analytical framework provides practical lessons for the business and finance organizations and policymakers of countries that have created, or are planning to create, SWFs.


Full Article

capital

Button looking to capitalise on slow Red Bull starts

By en.espnf1.com
Published On :: Sat, 25 Sep 2010 17:21:02 GMT

Jenson Button is looking to capitalise on Red Bull's slow starts to move through the field at the start of the Singapore Grand Prix and fight for a podium


Full Article

capital

Sustainability within the China-Africa relationship: governance, investment, and natural capital

By webfeeds.brookings.edu
Published On :: Mon, 11 Jul 2016 04:00:00 -0400


Event Information

July 11, 2016
4:00 PM - 5:30 PM CST

School of Public Policy and Management Auditorium
Brookings-Tsinghua Center

Beijing, China

Register for the Event

China’s meteoric rise lifted its economy but damaged its environment, and it has new aspirations to leadership on the global stage. Africa has enormous natural capital and is hungry for development. How can they collaborate? Their interests may intersect within a model of development that invests in natural capital instead of prizing only extraction.

On July 11th, the Brookings Tsinghua-Center, in collaboration with GreenPoint Group and School of Public Policy and Management at Tsinghua University, hosted the panel Sustainability within the China-Africa Relationship: Governance, Investment, and Natural Capital. The panel was moderated by SMPP Associate Professor and IMPA director Zheng Zhenqing, and featured Mr. Peter Seligmann, chairman and CEO of Conservation International; Professor Qi Ye, director of the Brookings Tsinghua-Center; Honorable Minister Anyaa Vohiri of the Environmental Protection Agency of Liberia; Professor Pang Xun, expert on official direct assistance and the politics of aid; and Mr. Rule Jimmy Opelo, Permanent Deputy Secretary of the Ministry of Environment, Wildlife and Tourism of Botswana.

Professor and Dean of School of Public Policy and Management Xue Lan gave the opening remarks, highlighting that both China and Africa face the challenge of balancing development and sustainability. Minister Vohiri then presented on the challenges and great potential of Africa's vast, untapped renewable energy resources before Professor Zheng opened the panel. Framing China and Africa as global partners with the common aspiration of growing sustainable, the panelists discussed the need for developing economies to recognize that the health of their environment is inseparable from the health of their economies.

Questions concerning the UN’s Sustainable Development Goals and Millennium Development goals presented conservation as a global issue requiring global governance. Mr. Seligmann forwarded the idea that sustainable development as enlightened self-interest has entered mainstream thought, asserting that the challenge now lies in crafting region-specific policies and plans of implementation. The importance of cooperation surfaced as a common theme. Mr. Opelo examined the possibilities of South-South cooperation, and Professor Qi provided a history for the emergence of natural capital as a concept before underlining the need for government to collaborate with civil society and the private sector.

The highlighted benefits of Sino-African cooperation ranged from the greater political freedom afforded to aid recipient countries when there is donor competition to Africa's potential "leapfrog" development to a green economy if it obtains sufficient investment. Professor Qi spoke of the lessons provided by China’s evolution from a parochial developing country into the world’s leader in sustainable development. Professor Pang emphasized the benefits both to China and to African countries when the influence of conditional aid from the United States is diluted by Chinese competition. Minister Vohiri and Mr. Opelo discussed the challenges of balancing conservation enforcement with the provision of basic needs, concluding that China's capital and knowledge could help Africa develop its economy in a sustainable direction. The panelists closed by addressing questions from the audience that problematical transparency problems with China's current model of development in Africa, the sustainability of green energy subsidies, the threats of mining and poaching, and Africa's role in addressing a global environmental crisis to which it largely did not contribute.

Xue Lan gave the opening remarks

Minister Vohiri delivered keynote remarks

Transcript

Event Materials

      
 
 


Full Article

capital

How COVID-19 could push Congress to start reining in vulture capitalism

By webfeeds.brookings.edu
Published On :: Thu, 09 Apr 2020 14:57:23 +0000

The effects of income inequality have been felt throughout society but they are especially evident in the current coronavirus crisis. For instance, workers in the information economy are able to telework and draw their salaries, but workers in the service sector are either unemployed or at great risk as they interact with customers during a…

       


Full Article

capital

Stronger financial stability governance leads to greater use of the countercyclical capital buffer

By webfeeds.brookings.edu
Published On :: Fri, 17 Jan 2020 07:00:27 +0000

Since the global financial crisis, countries have been setting up new governance arrangements to implement macroprudential policies. Using data for 58 countries, Rochelle Edge of the Federal Reserve Board and Nellie Liang of the Hutchins Center on Fiscal & Monetary Policy at the Brookings Institution look at whether governance, including multi-agency financial stability committees (FSCs),…

       


Full Article

capital

Private capital flows, official development assistance, and remittances to Africa: Who gets what?

By webfeeds.brookings.edu
Published On :: Tue, 19 May 2015 10:33:00 -0400


Strong Growth and Changing Composition 

External financial flows to sub-Saharan Africa (defined as the sum of gross private capital flows, official development assistance (ODA), and remittances to the region) have not only grown rapidly since 1990, but their composition has also changed significantly. The volume of external flows to the region increased from $20 billion in 1990 to above $120 billion in 2012. Most of this increase in external flows to sub-Saharan Africa can be attributed to the increase in private capital flows and the growth of remittances, especially since 2005 (see Figure 1).

Figure 1. Sub-Saharan Africa: External Flows (1990-2012, in USD billions)

As also displayed in Figure 1, in 1990 the composition of external flows to sub-Saharan Africa was about 62 percent ODA, 31 percent gross inflows from the private sector, and about 7 percent remittances. However, by 2012, ODA accounted for about 22 percent of external flows to Africa, a share comparable to that of remittances (24 percent) and less than half the share of gross private capital flows (54 percent). Also notably, in 1990, FDI flows were greater than ODA flows in only two countries (Liberia and Nigeria) in sub-Saharan Africa excluding South Africa, but 22 years later, 17 countries received more FDI than ODA in 2012—suggesting that sub-Saharan African countries are increasingly becoming less aid dependent (see Figure 2).

Figure 2. Sub-Saharan Africa: Number of Countries Where FDI is Greater than ODA (1990-2012)

But to what extent have these changes in the scale and composition of external flows to sub-Saharan Africa equally benefited countries in the region? Did the rising tide lift all boats? Is aid really dying? Are all countries attracting private capital flows and benefiting from remittances to the same degree? Finally, how does external finance compare with domestic finance? 

The False Demise of ODA

A closer look at the data indicates that, clearly, ODA is not dead, though its role is changing. For instance, middle-income countries (MICs) are experiencing the sharpest decline in ODA as a share of total external flows to the region, while aid flows account for more than half of external flows in fragile as well as low-income countries (LICs) and resource-poor landlocked countries (see Figure 3 and Appendix).

Download the full paper »

Authors

      
 
 


Full Article

capital

How COVID-19 could push Congress to start reining in vulture capitalism

By webfeeds.brookings.edu
Published On :: Thu, 09 Apr 2020 14:57:23 +0000

The effects of income inequality have been felt throughout society but they are especially evident in the current coronavirus crisis. For instance, workers in the information economy are able to telework and draw their salaries, but workers in the service sector are either unemployed or at great risk as they interact with customers during a…

       


Full Article

capital

Panel Discussion | The crisis of democratic capitalism

By webfeeds.brookings.edu
Published On :: Thu, 13 Feb 2020 11:48:16 +0000

We hosted a Panel Discussion on “The Crisis of Democratic Capitalism” with Martin Wolf, Chief Economics Commentator & Associate Editor, at The Financial Times. Martin was awarded the CBE, the Commander of the Order of the British Empire, in 2000, “for services to financial journalism”. He was a member of the UK government’s Independent Commission…

       


Full Article

capital

Panel Discussion | The crisis of democratic capitalism

By webfeeds.brookings.edu
Published On :: Thu, 13 Feb 2020 11:48:16 +0000

We hosted a Panel Discussion on “The Crisis of Democratic Capitalism” with Martin Wolf, Chief Economics Commentator & Associate Editor, at The Financial Times. Martin was awarded the CBE, the Commander of the Order of the British Empire, in 2000, “for services to financial journalism”. He was a member of the UK government’s Independent Commission…

       


Full Article

capital

Toward human-centered capitalism

By webfeeds.brookings.edu
Published On :: Wed, 06 Nov 2019 16:38:44 +0000

Underlying every economic system is a social contract setting people’s norms, values, and beliefs, thereby determining how people are expected to behave within the economy, what their reciprocal obligations are, and how the economy is to be run. Many market economies around the world—in both advanced and emerging countries—rest on a materialistic social contract that…

       


Full Article

capital

Stakeholder capitalism arrives at Davos

By webfeeds.brookings.edu
Published On :: Tue, 21 Jan 2020 17:18:23 +0000

The 2020 annual meeting of the World Economic Forum opens this week with the theme of “Stakeholders for a Cohesive and Sustainable World.” More than 3,000 global leaders, including 53 heads of state, will convene in the resort town of Davos on the Swiss Alpine to deliberate on pathways to “stakeholder capitalism.” The Forum’s theme…

       


Full Article

capital

How COVID-19 could push Congress to start reining in vulture capitalism

By webfeeds.brookings.edu
Published On :: Thu, 09 Apr 2020 14:57:23 +0000

The effects of income inequality have been felt throughout society but they are especially evident in the current coronavirus crisis. For instance, workers in the information economy are able to telework and draw their salaries, but workers in the service sector are either unemployed or at great risk as they interact with customers during a…

       


Full Article

capital

Renovating democracy: Governing in the age of globalization and digital capitalism

By webfeeds.brookings.edu
Published On :: Wed, 18 Sep 2019 20:13:04 +0000

The rise of populism in the West and the rise of China in the East have stirred a debate about the role of democracy in the international system. The impact of globalization and digital capitalism is forcing worldwide attention to the starker divide between the “haves” and the “have-nots,” challenging how we think about the…

       


Full Article

capital

Impact governance and management: Fulfilling the promise of capitalism to achieve a shared and durable prosperity

By webfeeds.brookings.edu
Published On :: Fri, 01 Jul 2016 00:00:00 -0400


Capitalism has provided unprecedented wealth and prosperity around the world, but a growing community is raising concerns about whether the promise of the capitalist system to achieve a more shared and durable prosperity can be achieved without systemic changes in the way for-profit corporations are governed and managed. The change in public opinion has become evident among workers, consumers, and investors, as well as through new policies enacted by elected officials of both parties: more than ever before, the public supports businesses that demonstrate positive social change and sustainable development. These new attitudes have begun to take root in corporations themselves, with a growing community of investors, business leaders, and entrepreneurs expressing a fiduciary duty to create value not only for shareholders but for society. However, businesses and investors seeking to harness these opportunities face significant institutional and normative barriers to achieving their goals.

In a new paper, the co-founders of non-profit B Lab, Andrew Kassoy, Bart Houlahan, and Jay Coen Gilbert, write about this overarching culture shift, the importance of and impediments to effective impact governance and impact management to make this shift meaningful and lasting, and how a rapidly growing community of responsible businesses has overcome these barriers, is maximizing its social impact, and is creating pathways for others to follow. The impact and growth of the B Corp movement will be maximized not only through increased adoption by business leaders, but also through the unique roles played by research institutions, the media, policy-makers, investors, and the general public. With enough support, this movement may soon transform shareholder capitalism into stakeholder capitalism, in which businesses can more easily live up to their potential to create a more shared and durable prosperity for all. 

This paper is published as part of the Center for Effective Public Management’s Initiative on 21st Century Capitalism. It is one of more than a dozen papers written by academics and practitioners about the changing role of the corporation and the importance of improving corporate governance. The authors of this paper are the co-founders of B Lab, a nonprofit organization that oversees the certification of B Corporations, and a major subject of this paper. The perspectives put forth in this paper are solely those of the authors, based on their professional expertise in this area.

Downloads

Authors

  • Andrew Kassoy
  • Bart Houlahan
  • Jay Coen Gilbert
      
 
 


Full Article

capital

New BPEA Research on Partisanship, Poverty, Unemployment, Homebuyer Perceptions and Capital Controls

By webfeeds.brookings.edu
Published On :: Thu, 13 Sep 2012 00:00:00 -0400


BPEA co-editor Justin Wolfers describes new research that found: people dropped out of the labor force before the recession started; there are better ways to forecast unemployment; homebuyer expectations helped inflate the bubble; the U.S. is not actually as politically polarized as most people think; central banks’ recent experiments with capital controls haven’t delivered results; and the U.S. is making inroads fighting poverty.

Video

     
 
 


Full Article

capital

As the venture capital game gets bigger, the Midwest keeps missing out

By webfeeds.brookings.edu
Published On :: Thu, 06 Jun 2019 19:17:16 +0000

Those working to accelerate economic growth in the Heartland must face some stark realities. The Great Lakes region continues to export wealth to coastal economies, even as investment leaders try to equalize growth between the coasts and the Heartland. The region sees only a tiny fraction of venture capital (VC) deals, despite producing one quarter…

       


Full Article

capital

Not just a typographical change: Why Brookings is capitalizing Black

By webfeeds.brookings.edu
Published On :: Wed, 18 Sep 2019 15:25:45 +0000

Brookings is adopting a long-overdue policy to properly recognize the identity of Black Americans and other people of ethnic and indigenous descent in our research and writings. This update comes just as the 1619 Project is re-educating Americans about the foundational role that Black laborers played in making American capitalism and prosperity possible. Without Black…

       


Full Article