from Full Focus:

Big U.S.

October 8, 2010

Recent figures confirm that the United States is the most obese country in the world, with 34% of the adult population classified as obese. This follows a trend noted in a report that obesity rates are climbing across the nation, prompting the U.S. Centers for Disease Control and Prevention to call it "a major public health threat". Photographer Rick Wilking set out to document the story by breaking it down into sub-topics like an obesity research study, youth and teen obesity solutions, the “Biggest Loser” TV show phenomenon, bariatric surgery and a 500 pound proponent of "fat acceptance" who says obesity isn't always a bad thing.

from Reuters Investigates:

Club Fed: the ties that bind at the Fed

October 1, 2010

USA-FED/BERNANKE We're getting a lot of good feedback on our special report on cozy ties between Wall Street and the Fed. As one Wall Street economist put it: "I've never seen the 'Fed Alumni Association' used more extensively for back-channel communications with the Street than has been the case since June."

from FaithWorld:

GUESTVIEW: The Qur’an cannot be burned!

By Guest Contributor
September 12, 2010

The following is a guest contribution. Reuters is not responsible for the content and the views expressed are the authors’ alone. Aref Ali Nayed is Director, Kalam Research & Media, Dubai.

from Reuters Soccer Blog:

The U.S. and soccer – that joke isn’t funny anymore

June 16, 2010

SOCCER-USA/Even though the results of the United States team in international competition indicate the country has become a respectable force in the game, in the past 12 months beating European champions Spain and drawing with presumed World Cup contenders England for example, there remain many who doubt whether soccer can ever capture the imagination of the sporting public in the United States.

from Reuters Soccer Blog:

Ball not to blame for goalkeeping howlers

June 15, 2010

The standard of goalkeeping in the early stages of this World Cup has not been the best but blame cannot lie with the controversial Jabulani ball.

from Reuters Soccer Blog:

Could you just talk us through the goal, Bob….

June 13, 2010

USA SOCCERAfter little more than four hours' sleep, plenty of driving and the inevitable drop in adrenalin following a big game such as Saturday's U.S. v England match, there were a few weary souls among the reporters following the United States when we headed to team HQ at Irene Farm on Sunday morning for a press conference with coach Bob Bradley and defender Steve Cherundolo.

from Reuters Soccer Blog:

Nothing ‘meaningless’ about U.S. defeat

May 26, 2010


USA 2 Czech Republic 4 was hardly a morale boosting result for American fans as their team prepares for the World Cup finals, which begin for the U.S against England on June 12.

from Financial Regulatory Forum:

Goldman Getting Ahead of Bad News?

May 5, 2010

Goldman Sachs’s disclosure pendulum appears to have now sharply swung in the other direction, Matthew Merrin of Thomson Reuters Westlaw Business Currents writes.

from Financial Regulatory Forum:

US revises anti-money laundering manual

May 4, 2010

Bank regulators revised an anti-money laundering examination manual. But government watchdogs said financial regulators are still not doing enough outreach to local law enforcement agencies to aid in the battle against terrorist funding and drug smuggling, reports Thomson Reuters WG&L Accounting & Compliance Alert.
Bank regulators on April 29, 2010, issued the revised Bank Secrecy Act/Anti-Money Laundering (BSA/AML) examination manual.
The manual provides guidance to safeguard banks and other financial companies from money laundering and terrorist financing.
The last time it was updated was August 24, 2007.
The Federal Reserve System, the Federal Deposit Insurance Corp., the National Credit Union Administration, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the State Liaison Committee revised the manual in collaboration with the Financial Crimes Enforcement Network (FinCEN), the administrator of the Bank Secrecy Act (BSA), and the Treasury Department's Office of Foreign Assets Control.
The manual can be found on the Federal Financial Institutions Examination Council website.
Separately, the Government Accountability Office looked into the efficacy of suspicious activity reports (SAR) that banks need to file to inform regulators of suspicious transactions. They determined that FinCEN needs to do a better job of developing its process to revise SAR forms.
Banks have long been concerned about the resources required to file SARs and the extent to which SARs are used.
From 2000 to 2008, total SAR filings increased from 163,000 to 732,000 per year, according to the GAO report released on April 28, 2010.
Automated monitoring systems that flag multiple indicators of suspicious activities increased the filings. Also, several public enforcement actions against a few banks prompted other banks to look more closely at clients and their accounts.
The USA Patriot Act, passed in response to the September 11 terrorist attacks, expanded the scope of SAR filings to include most nonbank financial companies.
After a 2006 revision of the SAR form that could not be used because of technology limitations, FinCEN in 2008 developed a new process making revisions intended to increase its collaboration with law enforcement groups. The agency said it is taking other steps to work with law enforcement agencies, but the GAO said it is too soon to determine whether the steps have been effective.
In a separate report also dated April 28, the congressional watchdog recommended that FinCEN step up its communication efforts about the data it gathers and how it analyzes it to better support law enforcement agencies in catching money launderers.
Some law enforcement agencies complained that FinCEN does not provide enough information about the types of analysis it does.