Hamilton Conservation Authority is re-opening the Hamilton-to-Branford Rail Trail, while the city announced the reopening of the Hamilton Waterfront Trail, between Confederation Park and the Burlington Lift Bridge.

Advanced preliminary release for Q4 2019 quarterly data on total credit to the non-financial sectors; comprising private non-financial sector and general government for 44 economies and regional aggregates have been updated. Data are available for the following borrowing subsectors: general government, private non-financial sector (series on credit from domestic banks as lending sector are also available), non-financial corporations and households. Data are presented in three versions: in billions of local currency and US dollars, and as a percentage of GDP.

Advanced preliminary release for Q4 2019 quarterly data on debt service ratios (DSRs) for the private non-financial sector (PNFS) for 32 countries have been updated. DSRs for PNFS breakdown sectors, ie for households and for non-financial corporations are also available for 17 countries.

BCBS Press release "Basel Committee publishes stocktake report on climate-related financial risk initiatives'", 30 April 2020

This report summarises the main results of a stocktake conducted by the Basel Committee of its members' initiatives on climate-related financial risks.

We develop a parsimonious model to study the effect of regulations aimed at reducing counterparty risk on the structure of over-the-counter securities markets. We find that such regulations promote entry of dealers, thus fostering competition and lowering spreads. Greater competition, however, has an indirect negative effect on market-making profitability.

Are financial intermediaries inherently unstable and, if so, why? To address this, we analyse whether model economies with financial intermediation are particularly prone to multiple, cyclic or stochastic equilibria.

Bank of Italy Working Papers by Giorgio Albareto, Andrea Cardillo, Andrea Hamaui and Giuseppe Marinelli

Bank for International Settlements BIS Working Papers by Claudio Borio, Marc Farag and Nikola Tarashev

Bank for International Settlements BIS Working Papers by Francesca Carapella and Cyril Monnet

European Systemic Risk Board Occasional Papers by Greg Ros

The 2020 Special Olympics Summer Games, slated for June 11 to 13, are being canceled due to concerns related to coronavirus. The games will shift to virtual events, with details to be announced in the near future.

SOLIDWORKS Image Quality settings have the biggest impact on file size and system performance. We always assumed that it would have an impact on overall performance also. The effect varies widely across different files, so we decided to do SOLIDWORKS

Author information

The post The Impact of Image Quality on SOLIDWORKS Performance and File Size appeared first on SOLIDWORKS Tech Blog.

SOLIDWORKS Multibody Part Assembly An Exploded View is used to communicate your design or drawings in a more proper and precise way. It really helps to clearly understand the sequential order of the assembly. Moreover, the exploded view is used

Author information

The post SOLIDWORKS 2020 Enhancement Exploded View for Multibody Part appeared first on SOLIDWORKS Tech Blog.

All, As we’ve written before, Dassault Systèmes SOLIDWORKS is committed to helping our customers be the most productive while working from home during this time of social distancing. Right now, it’s not possible to grab a drawing from the plotter or

Author information

The post Marking Up and Red Lining with Social Distancing While Working From Home appeared first on SOLIDWORKS Tech Blog.

Everyone knows SOLIDWORKS is very flexible and user friendly to execute the commands to complete any 3D design easily. When it comes to handling Complex assemblies (Increased in number of components) many of us will search for special tools to

Author information

The post SOLIDWORKS Quick tips – Advanced Component Selection appeared first on SOLIDWORKS Tech Blog.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on April 22, 2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 04/22/2020.

Click here for the full text of the advisory

20-170

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 4/23/2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 4/23/2020.

Click here for the full text of the advisory

20-174

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 4/24/2020.

Click here for the full text of the advisory

20-175

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory in the link below. Please email any questions to Clearing.RiskManagement@cmegroup.com

The rates will be effective after the close of business on Friday, April 24, 2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 4/28/2020.

Click here for the full text of the advisory

20-178

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 04/28/2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 04/30/2020.

Click here for the full text of the advisory

20-182

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 05/01/2020.

Click here for the full text of the advisory

20-183

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below. Please email any questions to Clearing.RiskManagement@cmegroup.com

The rates will be effective after the close of business on Friday, May 1, 2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 5/6/2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on May 06, 2020.

Click here for the full text of the advisory

20-187

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below.

The rates will be effective after the close of business on 05/08/2020.

For the full text of this advisory, please click here.

As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed in the advisory at the link below. Please email any questions to Clearing.RiskManagement@cmegroup.com

The rates will be effective after the close of business on Friday, May 8, 2020.

For the full text of this advisory, please click here.

A Malagasy girl exemplifies dedication to spreading the gospel.

German version of BIS Press Release - Big tech in finance: opportunities and risks, 23 June 2019

The African Union Development Agency says countries should think about how they choose the lesser of the two evils because strict lockdowns have severe consequences.

The South African government is seeking a $4.2 billion loan from the IMF to support its response to the Covid-19 crisis.

Slow and inadequate progress in implementing the compromise they reached three years ago threatens to push Zimbabwe’s contending forces into premature elections and undermine political and economic recovery.

A bold approach to the sanctions issue is necessary to refocus efforts on the actions needed to break the political stalemate in Zimbabwe before elections are held that otherwise threaten to be as violent and undemocratic as the 2008 round.

Bold steps can be taken by the EU to ease sanctions while not rewarding recalcitrant behaviour by Zanu-PF leadership

OM Arts dancers come to Israel and share their art and testimony with locals.

An incorrect GPS coordinate leads a worship team to the end of the road, yet God has another route planned.

A Malawian missionary brings change to his village and food to his family through farming techniques taught by OM Malawi.

Behind the glow of city lights, a group of people easily go unnoticed—lost sheep in desperate need of the hope of the gospel.

Vatican City, May 8, 2020 / 04:00 am (CNA).- We must learn to let ourselves be consoled by Jesus when we are suffering, Pope Francis said at his morning Mass Friday.

In his homily in the chapel at Casa Santa Marta, May 8, the pope noted it was difficult to accept Christ’s consolation in times of distress. 

Reflecting on the day's Gospel reading, John 14:1-6, which records Jesus’ words to his disciples at the Last Supper, the pope said the Lord recognizes their sadness and seeks to console them.

"It is not easy to allow ourselves to be consoled by the Lord,” he said. “Many times, in bad moments, we are angry with the Lord and we do not let Him come and speak to us like this, with this sweetness, with this closeness, with this meekness, with this truth and with this hope.”

He noted that Jesus’ way of consoling was quite different to telegrams of condolence, which are too formal to console anyone. 

“In this passage of the Gospel we see that the Lord consoles us always in closeness, with the truth and in hope,” he said. “These are the three marks of the Lord's consolation.”

The pope observed that Jesus is always close to us in times of sorrow.

“The Lord consoles in closeness. And He does not use empty words, on the contrary: He prefers silence,” he said, according to a transcript by Vatican News.

He added that Jesus does not offer false comfort:  

“Jesus is true. He doesn't say formal things that are lies: ‘No, don’t worry, everything will pass, nothing will happen, it will pass, things will pass…’ No, it won’t. He is telling the truth. He doesn’t hide the truth.”

The pope explained that Jesus’ consolation always brings hope. 

He said: “He will come and take us by the hand and carry us. He does not say: ‘No, you will not suffer: it is nothing…’ No. He says the truth: ‘I am close to you, this is the truth: it is a bad time, of danger, of death. But do not let your heart be troubled, remain in that peace, that peace which is the basis of all consolation, because I will come and by the hand I will take you where I will be’.”

The pope concluded: “We ask for the grace to learn to let ourselves be consoled by the Lord. The Lord's consolation is true, not deceiving. It is not anesthesia, no. But it is near, it is true and it opens the doors of hope to us.”

After Mass, the pope presided at adoration and benediction of the Blessed Sacrament, before leading those watching via livestream in an act of spiritual communion.

The congregation then sang the Easter Marian antiphon “Regina caeli.”

At the start of Mass, the pope noted that World Red Cross and Red Crescent Day falls on May 8, the anniversary of the birth of Henry Dunant, founder of the International Committee of the Red Cross.  

Pope Francis said: “We pray for the people who work in these worthy institutions: may the Lord bless their work which does so much good.”

Vatican City, May 9, 2020 / 04:00 am (CNA).- The devil uses envy to try to thwart the proclamation of the Gospel, Pope Francis said at his morning Mass Saturday.

In his homily in the chapel at Casa Santa Marta, May 9, the pope reflected on the day’s first reading, Acts 13:44-52, in which the Jewish community at Antioch rejects St. Paul’s preaching about Jesus. 

He said: “On the one hand there is the Lord, there is the Holy Spirit who makes the Church grow, and it grows ever more: this is true. But on the other hand, there is the evil spirit that seeks to destroy the Church.” 

After citing other examples in the Acts of the Apostles where the apostles faced rejection, the pope asked: “And what is the devil's instrument to destroy the Gospel proclamation? Envy. The Book of Wisdom [2:24] says it clearly: ‘Through the devil's envy sin has entered the world’ -- envy, jealousy, here. Always this bitter, bitter feeling.” 

Reflecting on this enduring struggle, Pope Francis quoted St. Augustine of Hippo, who wrote in “The City of God” that “the Church progresses on her pilgrimage amidst this world's persecutions and God's consolations.”

“A Church that has no difficulty lacks something,” he said. “The devil is too calm. And if the devil is calm, things are not going well. Always the difficulty, the temptation, the struggle... the jealousy that destroys. The Holy Spirit creates the harmony of the Church, and the evil spirit destroys. Until today.” 

The pope noted that in the first reading the community at Antioch turned the leading women and men of the city against the apostles. He observed that temporal powers are often an instrument through which envy is stirred up against Christians. 

He said: “Let us be careful with the preaching of the Gospel: never to fall, to put our trust in temporal powers and money. The trust of Christians is Jesus Christ and the Holy Spirit that He sent, and it is precisely the Holy Spirit who is the leaven, it is the strength that makes the Church grow.” 

“Yes, the Church goes ahead, in peace, with resignation, joyful: between ‘the consolations of God and the persecutions of the world.’”

The pope led those watching via livestream in an act of spiritual communion, composed by St. Alphonsus Liguori, founder of the Redemptorists.

He prayed: “My Jesus, I believe that you are present in the most Blessed Sacrament. I love You above all things and I desire to receive You into my soul. Since I cannot now receive You sacramentally, come at least spiritually into my heart. I embrace You as if You were already there, and unite myself wholly to You. Never permit me to be separated from You.”

The pope ended the celebration with adoration and benediction of the Blessed Sacrament. The congregation then sang the Easter Marian antiphon “Regina caeli.”

At the start of Mass, the pope noted that May 9 is the feast day of St. Louise de Marillac, the French founder of the Daughters of Charity. Her feast normally falls on March 15 but was transferred this year because it fell on a Sunday in Lent. A painting of the 17th-century saint was brought to the pope’s chapel to mark the occasion. 

The Daughters of Charity belong to the Vincentian family. Vincentian nuns live at the Casa Santa Marta, the pope’s residence, and run a pediatric dispensary at the Vatican.

At the start of Mass, the pope said: “Today is the commemoration of St. Louise de Marillac: let us pray for the Vincentian sisters who have run this clinic, this hospital, for almost 100 years and have worked here, in Santa Marta, for this hospital. May the Lord bless the sisters.”

Workers encourage new believers to persevere in their faith despite facing persecution from their families.