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 Decade: 2000-2009
 Collection: Congressional Research Service Reports
9/11 Terrorism: Global Economic Costs

9/11 Terrorism: Global Economic Costs

Date: October 5, 2004
Creator: Nanto, Dick K.
Description: The 9/11 attacks were part of Al Qaeda’s strategy to disrupt Western economies and impose both direct and secondary costs on the United States and other nations. The immediate costs were the physical damage, loss of lives and earnings, slower world economic growth, and capital losses on stock markets. Indirect costs include higher insurance and shipping fees, diversion of time and resources away from enhancing productivity to protecting and insuring property, public loss of confidence, and reduced demand for travel and tourism. In a broader sense, the 9/11 attacks led to the invasions and occupations of Afghanistan and Iraq (and the Global War on Terrorism) and perhaps emboldened terrorists to attack in Bali, Spain, Morocco, and Saudi Arabia. A policy question for Congress is how to evaluate the costs and benefits of further spending to counter terrorism and its economic impact.
Contributing Partner: UNT Libraries Government Documents Department
Algeria: Current Issues

Algeria: Current Issues

Date: April 24, 2006
Creator: Migdalovitz, Carol
Description: This report examines the current state of Algeria, including the country's associations with terrorism, despite steady decreases of domestic terrorism; the lessening in power of the Algerian military; and growing oil revenues.
Contributing Partner: UNT Libraries Government Documents Department
America's Growing Current Account Deficit: Its Cause and What It Means for the Economy

America's Growing Current Account Deficit: Its Cause and What It Means for the Economy

Date: September 17, 2003
Creator: Labonte, Marc & Makinen, Gail
Description: This report discusses the reasons for the U.S. current account deficit, popularly known as the trade deficit, and which is on the rise.
Contributing Partner: UNT Libraries Government Documents Department
America's Growing Current Account Deficit: Its Cause and What It Means for the Economy

America's Growing Current Account Deficit: Its Cause and What It Means for the Economy

Date: April 19, 2001
Creator: Labonte, Marc & Makinen, Gail
Description: This report discusses the reasons for the U.S. current account deficit, popularly known as the trade deficit, and which is on the rise.
Contributing Partner: UNT Libraries Government Documents Department
America's Growing Current Account Deficit: Its Cause and What It Means for the Economy

America's Growing Current Account Deficit: Its Cause and What It Means for the Economy

Date: December 27, 2002
Creator: Labonte, Marc & Makinen, Gail
Description: This report discusses the reasons for the U.S. current account deficit, popularly known as the trade deficit, and which is on the rise.
Contributing Partner: UNT Libraries Government Documents Department
Argentina's Sovereign Debt Restructuring

Argentina's Sovereign Debt Restructuring

Date: October 19, 2004
Creator: Hornbeck, J. F.
Description: The U.S. Congress has held numerous hearings to evaluate the causes and ongoing repercussions of Argentina’s financial crisis. This report analyzes Argentina’s debt situation in support of this interest and will be updated periodically.
Contributing Partner: UNT Libraries Government Documents Department
Authority of the Federal Energy Regulatory Commission to Fix Electricity Rates and Charges and to Require Refund Payments by a Public Utility

Authority of the Federal Energy Regulatory Commission to Fix Electricity Rates and Charges and to Require Refund Payments by a Public Utility

Date: January 9, 2001
Creator: Seitzinger, Michael V
Description: Sections 205 and 206 of the Federal Power Act concern rates and charges collected by a public utility in transmitting or selling electric energy in interstate commerce. These rates and charges are required to be just and reasonable. States retain jurisdiction over facilities for generation, distribution, or transmission of electric energy in intrastate commerce. The Commission has the authority to determine that an existing rate is unjust or unreasonable and set a new rate. In certain situations Federal Energy Regulatory Commission (FERC) may have authority to refund amounts paid in excess of just and reasonable rates. Case law is useful in determining when such a situation may exist.
Contributing Partner: UNT Libraries Government Documents Department
Average Farm Subsidy Payments, by State, 2002

Average Farm Subsidy Payments, by State, 2002

Date: September 16, 2004
Creator: Womach, Jasper
Description: The U.S. Department of Agriculture makes direct subsidy payments through the Commodity Credit Corporation to farmers for commodity price and income support, certain conservation and environmental activities, and some disaster losses. In 2002, these direct farm subsidy payments amounted to $12.151 billion. This report examines the distribution of these payments among states, calculates the average size of payments going to recipient farms in each state, and distinguishes between payments received by farm operators and landlords. This information is intended to aid in policy debates about subsidizing some farms but not others, changing per-person payment limits, and the altering eligibility rules for landlords to receive payments.
Contributing Partner: UNT Libraries Government Documents Department
Banking's Proposed "Know Your Customer" Rules

Banking's Proposed "Know Your Customer" Rules

Date: August 31, 2001
Creator: Murphy, M. Maureen
Description: On December 7, 1998, federal banking regulators proposed regulations that would have required banks and thrifts to develop formal policies and procedures to identify unusual transactions in customers’ accounts to report as suspicious activity in conjunction with the federal laws outlawing money laundering. Although there were varied proposals before the 106th Congress on the issue, no legislation was enacted. The issue likeliest to command attention in the 107th Congress is international money laundering. There have been recent instances in which banking regulators imposed corrective action, comparable to the Know Your Customer requirements, on several international banking institutions after unearthing potential money laundering activity.
Contributing Partner: UNT Libraries Government Documents Department
Belarus: Background and U.S. Policy Concerns

Belarus: Background and U.S. Policy Concerns

Date: August 10, 2006
Creator: Woehrel, Steven
Description: This report discusses the Belarus: Background and U.S. Policy Concerns.
Contributing Partner: UNT Libraries Government Documents Department
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