The annual growth rate of global cross-border bank claims fell to 6%, down from 9% at end-September 2019. The short-term share of foreign banks' claims, a key indicator of external vulnerability, is elevated for a number of borrowing emerging market and developing economies (EMDEs). Borrowers in EMDEs had untapped credit lines of $610 billion, or roughly 10% of the stock of global foreign claims on EMDEs at end-2019. Saudi Arabia joined the reporting population for the locational banking statistics (LBS) with data starting from Q4 2017, bringing the number of countries reporting these data to 48.

The locational banking statistics provide quarterly data on the outstanding claims and liabilities of internationally active banks located in reporting countries against counterparties residing in more than 200 countries. They capture the currency composition of banks' balance sheets and the geographical breakdown of their counterparties.

Inflation pressure could be weak even after consumer demand for non-discretionary goods and services begins to grow as the economy gets back on its feet.

Equities have rallied since 2017 and yet the expected growth in dividends has declined since then. Is the fall in long-term interest rates to be blamed?

Gold and silver prices often move in tandem, but the gap between them widened by 31% January through April in line with a trend that began nine years ago.

You may not like who you’re about to become.

The formative moment for a new generation.

Remarks (delivered via videoconference) by Mr John C Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York, at the Economic Club of New York, New York City, 16 April 2020.

Introductory remarks by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Media News Conference of the Swiss National Bank, Berne, 25 March 2020.

Statement by Mr Ignazio Visco, Governor of the Bank of Italy and Governor of the Constituency of Albania, Greece, Italy, Malta, Portugal, San Marino and Timor-Leste, at the 101st Meeting (virtual) of the Development Committee (Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries), Washington DC, 17 April 2020.

Contribution by Mr Fabio Panetta, Member of the Executive Board of the European Central Bank, published by Politico on 21 April 2020.

Speech by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at an investor call with Standard Chartered Bank, Manila, 22 April 2020.

Speech by Mr Mugur Isărescu, Governor of the National Bank of Romania, Bucharest, 29 April 2020.

Safe Wings Ottawa is urging cat owners to help protect the city's bird population by keeping their felines fenced in.

CBC Ottawa is committed to bringing you all the information you need to know about COVID-19 to stay safe. But we also want to make room for all the positive stories. You'll find them here.

Ice dancers Piper Gilles and Paul Poirier headline the Canadian team that will compete at this year's world figure skating championships, but Skate Canada is waiting until next month to make a final decision on several of their teammates.

For Canadian champion Roman Sadovsky and former Canadian champions Nam Nguyen and Keegan Messing, the Four Continents results will determine who takes the one spot available in the men's event at the worlds.

Canada's Joseph Phan was eighth after a highly competitive men's short program Wednesday at the world junior figure skating championships.

Quebec Health Minister Danielle McCann says the government is evaluating whether to allow the world figure skating championships to go ahead next week in Montreal.

The world figure skating championships, scheduled for March 18-22 in Montreal, have been cancelled because of the spread of COVID-19.

Japan’s Yuzuru Hanyu believes he was born to figure skate, but that doesn’t mean he’s immune to pressure and expectations.

With this year's worlds cancelled because of the COVID-19 pandemic, Rob Pizzo looks at the last time the event didn't happen.

Canadian figure skater Scott Moir posted a video on Instagram and Twitter on Thursday, explaining that he and fiancee Jackie Mascarin are currently stationed in Tampa, Fla., because Mascarin works as a physician's assistant in the respiratory unit of a local hospital.

This blog post celebrates composer David Diamond's contributions to the enrichment of Jewish synagogue music. The Music Division of the Library of Congress is home to the David Diamond Collection.

Vincent Novara, Head of the Music Division's Acquisitions & Processing Section, describes his section's new teleworking practices during a global pandemic.

The following is a guest post from Music Reference Specialist James Wintle. Let me begin with a personal anecdote. My parents are or were both musicians – my father was a composer – and so my appreciation for classical music was probably equal parts nature and nurture. So, when I entered graduate school as a […]

On Patriots' Day, we celebrate musician, publisher, and patriot Josiah Flagg (1737-1794), a friend of Paul Revere and major figure in Early American music.

On Saturday, October 16, 2019, Concerts from the Library of Congress hosted Afro-Cuban jazz master, Chucho Valdés. Founder and director of the legendary Cuban jazz band Irakere, winner of six GRAMMYs and four Latin GRAMMYs, Chucho Valdés is not just an authority in the jazz world, he is a living legend. As part of his engagement at […]

As the NHL, NBA and MLB consider resuming play, the issue of international travel poses another hurdle for Canadian-based teams.

1. Bharat Biotech to lead human monoclonal antibodies project  The Hindu
2. Bharat Biotech leads CSIR project to develop antibodies against Covid-19  Times of India
3. Bharat Biotech To Lead CSIR’s Project To Develop Human Monoclonal Antibodies For Covid-19 Therapy  Swarajya
4. Bharat Biotech to develop human antibodies for COVID-19 therapy  Telangana Today
5. Bharat Biotech vows human monoclonal antibodies to neutralise COVID-19 in 6 months  Mumbai Mirror
6. View Full coverage on Google News

1. Coronavirus Outbreak Updates: Maharashtra reports 1,089 new COVID-19 cases across state, 748 in Mumbai; total infections at 19,063  Firstpost
2. Migrant workers | Maharashtra train accident victims were battling hunger  The Hindu
3. Maharashtra: They thought no trains were running, loco driver spotted them too late to stop  The Indian Express
4. ‘Stay where you are’: Shivraj Chouhan appeals to migrants after train tragedy  Hindustan Times
5. MP Ministers Ask Shivraj to Probe Tenure of Kamal Nath to ‘Expose Massive Corruption’  News18
6. View Full coverage on Google News

45 Chinese nationals in Nepal demand flights to go home, throw stones  Hindustan TimesView Full coverage on Google News

Happy birthday Vijay Deverakonda: Tollywood's 'Dear Comrade' who auctioned his first Filmfare Award for charity  The New Indian Express

Visions 2020: Nydia Han and 6abc celebrates Asian Pacific American Heritage Month - 6abc  WPVI-TV

"I have tied up with several NGO’s like Parivartan the change who donate food to over 500 people every day as well with welfare organisations like 4dogsakeindia where we feed over 200 street dogs."

Pence says lack of religious services has been 'burden'  WSET

How Do American Indians Celebrate Mother's Day? | Smithsonian Voices | National Museum of the American Indian  Smithsonian.com

Netizens celebrate as Kamal Haasan crosses 6 million mark on Twitter  DNA India

On this week's edition of Olympic Games Replay, CBC Sports showcases some of the big moments from Canada's journey through the women's soccer tournament at the Rio Olympics.

Watch the Canadian women's soccer team compete at the Summer Games in Brazil.

Karina LeBlanc was returning home from her second hospital visit after giving birth to her first child, only this time she would have to spend 14 days in self-isolation after doctors feared she contracted COVID-19 during her stay.

The Vancouver Whitecaps said it has ordered two player to self-quarantine for 14 days after they violated club and league orders to abide by physical distancing guidelines in B.C.

While all eyes have been on the huge fall in the outright price of crude oil, the oil options markets...

The post Crude Oil Options Are Predicting Lasting Volatility appeared first on OpenMarkets.

What do we make of a difficult economic situation new to everyone? CME Group's Chief Economist addressed these and other questions around the economics of the pandemic.

The post An Economist Answers Students’ Questions About the Economics of COVID-19 appeared first on OpenMarkets.

The chief of Millbrook First Nation says the Nova Scotia RCMP's competition for its new communication centre was "distorted and biased," arbitrarily inflating the price of his community's proposal to reach a "predetermined outcome."

Darin Isaac has been elected chief of the Selkirk First Nation while Jeremy Harper, Morris Morrison, Carmen Lee Baker and Ashley Edzerza were voted in as councillors. Cody Sims has been elected youth councillor.

The leader of a First Nation surrounded by oilsands development is frustrated by the Alberta Energy Regulator's decision to suspend a wide array of environmental reporting requirements for oilsands companies.