Financial Times (November 15)
“The longest ever US government shutdown has created an unprecedented blind spot over the health of the world’s biggest economy as critical data reports are set to be delayed or ditched.” The Bureau of Labor Statistics, Bureau of Economic Analysis and other agencies “were largely unable to collect and publish data during the 43-day shutdown, creating a gap in statistical series that will obscure the economic picture for investors and policymakers.”
Tags: Agencies, Blind spot, BLS, Collect, Data, Delayed, Economy, Gap, Government, Investors, Longest, Obscure, Publish, Reports, Shutdown, Statistical series, U.S.
Wall Street Journal (July 17)
“Germany has a patchy record in fighting corporate crime. Volkswagen AG ’s giant emissions-cheating scandal was uncovered by California. The U.S. has imposed more money-laundering fines on troubled German lender Deutsche Bank AG than Germany has. BaFin’s decadelong blind spot for Wirecard now raises questions about the country’s ability to enforce securities rules that protect investors.”
Tags: BaFin, Blind spot, California, Corporate crime, Deutsche Bank, Emissions, Enforce, Fines, Germany, Investors, Money laundering, Patchy record, Scandal, Securities rules, U.S., Volkswagen, Wirecard
