1

Province to spend $147 million on northern Alberta communities damaged by floods

Disaster relief funding for punishing spring floods is welcome news to civic leaders in northern Alberta.



  • News/Canada/Edmonton

1

Closing of First Nation borders to keep out COVID-19 reinforcing racial divisions on Manitoulin Island

Tensions are rising on Manitoulin Island because a First Nation is stopping travellers on provincial highways that go through the community. But opinions on M'Chigeeng's attempt to protect its people from COVID-19 are not divided along racial lines. 



  • News/Canada/Sudbury

1

3 long-term residents in Sault Ste. Marie test positive for COVID-19

Three residents at a long-term care facility in Sault Ste. Marie have tested positive for COVID-19, prompting officials to declare an outbreak at Extendicare Maple View.



  • News/Canada/Sudbury

1

Should you go to your camp? Island doctor says seasonal visitors 'a perfect storm' during COVID-19

A doctor on Manitoulin Island is encouraging seasonal residents to stay home and not to come visit during the COVID-19 pandemic.



  • News/Canada/Sudbury

1

COVID-19 related death linked to institutional outbreak, health unit says

The Porcupine Health Unit is reporting the fifth COVID-19 related death in its area.



  • News/Canada/Sudbury

1

1 resident at Iroquois Falls long-term care home tests positive for COVID-19

The Porcupine Health Unit is declaring a COVID-19 outbreak at a long-term care home in Iroquois Falls.



  • News/Canada/Sudbury

1

COVID-19 testing results in Timmins leave long-term care staff 'perplexed'

The City of Timmins says a COVID-19 outbreak remains in place at a long-term care home in the city, even after the one affected resident has now tested negative — twice.



  • News/Canada/Sudbury

1

A resident of a nursing home in Wikwemikong has tested positive for COVID-19

Provincial surveillance testing has returned a positive case of COVID-19 in a resident of Wikwemikong Nursing Home on Manitoulin Island. Ogimaa Duke Peltier says every staff member and resident underwent tests Tuesday and Wednesday of this week and the results are starting to come in.



  • News/Canada/Sudbury

1

COVID-19 by the numbers in northeastern Ontario

There are now 176 confirmed cases of COVID-19 in northeastern Ontario, and seven deaths.



  • News/Canada/Sudbury

1

How COVID-19 is impacting the book publishing industry

The head of a Sudbury-based book publishing company says she’s shifting launches online due to COVID-19.



  • News/Canada/Sudbury

1

Cartoonists Comment on the Lasting Impact of Will Eisner (1917-2005)

The following is a guest post by Martha H. Kennedy, Curator of Popular & Applied Graphic Art, Prints & Photographs Division. During Will Eisner Week, March 1-7, 2020, the Library of Congress joins art schools, libraries, universities, and museums in a global celebration of this legendary creator’s contributions to the world of comic art and […]




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Art Chosen by Artists: Library of Congress National Exhibition of Prints (1943-77) – a New Research Guide

The following is a guest post by Katherine Blood, Curator of Fine Prints, Prints & Photographs Division. As the Library of Congress marks its 220th year of serving the nation, the publication of a new guide tells two stories: how staff have for decades worked with art professionals to build the collections and how by […]




1

Reflections on regulatory responses to the Covid-19 pandemic

FSI Briefs No 1, April 2020. Regulatory policy responses should seek to support economic activity while preserving the financial system's soundness and ensuring transparency. The recommendation for banks to make full use of capital and liquidity buffers should go hand in hand with restrictions on dividends and bonuses and clarity concerning the process for rebuilding them. Flexibility in loan classification criteria for prudential and accounting purposes should be complemented with sufficient disclosure on the criteria banks use to assess creditworthiness. The publication of detailed guidance on the application of expected loss provisioning rules, combined with sensible transitional arrangements, may constitute a balanced approach to mitigating the unintended effects of the new accounting standards.




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Covid-19 and operational resilience: addressing financial institutions' operational challenges in a pandemic

FSI Briefs No 2, April 2020. Guidance issued by financial sector authorities in response to the Covid-19 crisis seems to suggest that international efforts to come up with operational resilience standards should take into account at least the following elements: Critical/essential employees: identifying the critical functions and employees that support important business services, as well as ensuring employees' safety and that they can safely resume their duties (remotely, if necessary); IT infrastructure: ensuring that IT infrastructure can support a sharp increase in usage over an extended period and taking steps to safeguard information security; Third-party service providers: ensuring that external service providers and/or critical suppliers are taking adequate measures and are sufficiently prepared for a scenario in which there will be heavy reliance on their services; Cyber resilience: remaining vigilant in order to identify and protect vulnerable systems, and detect, respond and recover from cyber attacks..




1

Macroeconomic effects of Covid-19: an early review

BIS Bulletin No 7, April 2020. Past epidemics had long-lasting effects on economies through illness and the loss of lives, while Covid-19 is marked by widespread containment measures and relatively lower fatalities among young people. The short-term costs of Covid-19 will probably dwarf those of past epidemics, due to the unprecedented and synchronised global sudden stop in economic activity induced by containment measures. The current estimated impact on global GDP growth for 2020 is around -4%, with substantial downside risks if containment policies are prolonged. Output losses are larger for major economies.




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Identifying regions at risk with Google Trends: the impact of Covid-19 on US labour markets

BIS Bulletin No 8, April 2020. Information on local labour markets and Google searches can be used to construct a measure of the vulnerability of employment in different regions of the United States to the Covid-19 shock. Regional exposure to Covid-19 varies significantly, ranging from a low of 2% to a high of 98% of total local employment. We test for the usefulness of the Covid-19 exposure measure by showing that areas with higher exposure report more Google search queries related to the pandemic and unemployment benefits.




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Insurance regulatory measures in response to Covid-19

FSI Briefs No 4, April 2020. Currently, insurers are more likely to experience losses from financial market volatility than from higher insurance claims arising from Covid-19. Few insurance supervisors have seen a need to strengthen or adjust prudential requirements to insulate insurers from current financial market uncertainties. So far, authorities have responded mainly by taking measures to provide operational relief to insurers from regulatory and supervisory requirements so that they can continue providing insurance services. These measures will also help insurers to enhance risk monitoring of their Covid-19 financial exposures. Some authorities have set out expectations for insurers to conserve capital through prudent exercise of dividend and variable remuneration policies. The aim is to enhance their resilience against huge uncertainties from potential Covid-19 fallout. Other capital-related measures should relieve supervisory pressures and reduce the tendency of insurers to manage their investments in a procyclical manner. These measures include: extending the supervisory intervention ladder, triggering the countercyclical lever and recalibrating capital requirements. The far-reaching impact of Covid-19 calls for sustained vigilance by both supervisors and insurers. In the post-pandemic phase, the extraordinary measures currently warranted will need to be unwound through a carefully crafted exit strategy that preserves sound risk management practices and protects policyholders' interests.




1

Buffering Covid-19 losses - the role of prudential policy

BIS Bulletin No 9, April 2020. By allowing banks to run down some of their buffers, policymakers are sending a strong signal about their resolve to lessen the economic fallout from the pandemic. Such prudential measures complement the main policy levers: monetary and fiscal instruments. To avoid a reduction in credit to the real economy, authorities need to ensure that banks have the capacity and willingness to make use of the flexibility afforded by the buffer release. Payout restrictions on banks and risk-sharing between banks and the public sector will be key. For banks to continue playing a positive role in the supply of funding during the recovery, they should maintain usable buffers for a long period, as losses from a severe recession will take time to materialise.




1

Covid-19 and corporate sector liquidity

The Covid-19 shock is placing enormous strains on corporates cash buffers. Corporate financial statements from 2019 suggest that 50% of firms do not have sufficient cash to cover total debt servicing costs over the coming year. Credit lines could provide firms with additional liquidity. On average undrawn credit stood around 120% of debt servicing costs at end 2019. However, access is uneven and banks may be reluctant to renew or extend them in the current environment. Sticky operating expenses result in many firms running operating losses, placing an additional burden on cash buffers. Estimates indicate that following a 10% drop in revenues, operating expenses only fall by 6% on average. Simulations suggest that if revenues fall by 25% in 2020, then closing the entire funding gap with debt would raise firm leverage by around 10 percentage points.




1

Best of the National Book Festival: Tracy K. Smith and Robert Hass, 2018

Our ongoing celebration of the Library of Congress National Book Festival continues with Poets Laureate Tracy K. Smith and Robert Hass discussing the making of poetry, the position of Poet Laureate and their new books, "American Journal: Fifty Poems for Our Time" (edited by Smith) and "A Little Book on Form: An Exploration into the Formal Imagination of Poetry" (Hass), on the Poetry & Prose stage at the 2018 Festival.




1

Best of the National Book Festival: Annette Gordon-Reed, 2015

Our ongoing celebration of the Library of Congress National Book Festival continues with presidential scholar Annette Gordon-Reed discussing "The Hemingses of Monticello: An American Family" on the Special Programs stage at the 2015 Festival.




1

Best of the National Book Festival: Patricia Cornwell, 2012

Our ongoing celebration of the Library of Congress National Book Festival continues with crime writer Patricia Cornwell discussing "Red Mist,” her 19th Kay Scarpetta novel, on the Fiction & Mystery stage at the 2012 Festival.




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Best of the National Book Festival: Leigh Bardugo, 2018

Our ongoing celebration of the Library of Congress National Book Festival continues with young adult and fantasy author Leigh Bardugo discussing "Crooked Kingdom" on the Genre Fiction stage at the 2018 Festival. This post includes prompts for writing and thinking that young readers, families and teachers can use to explore the author and the author’s work—recommended for ages 13+.




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Best of the National Book Festival: Condoleezza Rice, 2017

Our ongoing celebration of the Library of Congress National Book Festival continues with former Secretary of State Condoleezza Rice discussing "Democracy: Stories from the Long Road to Freedom" on the Main Stage at the 2017 Festival.




1

Best of the National Book Festival: Colson Whitehead, 2012

Our ongoing celebration of the Library of Congress National Book Festival continues with two-time Pulitzer Prize-winning novelist Colson Whitehead discussing "Zone One" on the Poetry & Prose stage at the 2012 Festival.




1

Best of the National Book Festival: Michael Beschloss, 2019

Our ongoing celebration of the Library of Congress National Book Festival continues with historian Michael Beschloss discussing “Presidents of War” on the Main Stage at the 2019 Festival.




1

Best of the National Book Festival: Karin Slaughter, 2010

Our ongoing celebration of the Library of Congress National Book Festival continues with crime and mystery writer Karin Slaughter discussing "Broken," part of her Will Trent series, on the Fiction & Mystery stage at the 2010 Festival.




1

Best of the National Book Festival: Neil Patrick Harris, 2019

Our ongoing celebration of the Library of Congress National Book Festival continues with actor and author Neil Patrick Harris discussing "The Magic Misfits: The Minor Third." The event, part of the new year-long National Book Festival Presents series, took place in the Library’s Coolidge Auditorium. This post includes prompts for writing and thinking that young readers, families and teachers can use to explore the author and the author’s work—recommended for ages 8+.




1

For 100 Years, KitchenAid Has Been the Stand-Up Brand of Stand Mixers

Even celebrity chef Julia Child said that the sleek appliance made mixing 'marvelous'




1

Enterprise Hub-online seminar: Leadership and remote working during COVID-19




1

CPMI and IOSCO share authorities´ experiences in cooperation to increase FMI safety and efficiency

Press release: CPMI and IOSCO share authorities´ experiences in cooperation to increase FMI safety and efficiency, 10 December 2019




1

Statement: BIS staff member confirmed with Covid-19 in Basel

BIS statement, 16 March 2020.




1

Basel Committee coordinates policy and supervisory response to Covid-19

Press release "Basel Committee coordinates policy and supervisory response to Covid-19", 20 March 2020




1

Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19

Press release "Governors and Heads of Supervision announce deferral of Basel III implementation to increase operational capacity of banks and supervisors to respond to Covid-19", 27 March 2020




1

Basel Committee sets out additional measures to alleviate the impact of Covid-19

BCBS Press release "Basel Committee sets out additional measures to alleviate the impact of Covid-19", 3 April 2020




1

Basel III monitoring results based on end-June 2019 data published by the Basel Committee

BCBS Press release "Basel III monitoring results based on end-June 2019 data published by the Basel Committee", 8 April 2020




1

Foxg1 gene works like a molecular knob to control neocortical activity

It works like a very fine "molecular knob" able to modulate the electrical activity of the neurons of our cerebral cortex, crucial to the functioning of our brain.




1

Tissue engineering can play an important role during COVID-19 pandemic

Tissue engineering has a unique set of tools and technologies for developing preventive strategies, diagnostics, and treatments that can play an important role during the ongoing COVID-19 pandemic.




1

NIH clinical trial evaluates antiviral plus anti-inflammatory drug for COVID-19

A randomized, controlled clinical trial evaluating the safety and efficacy of a treatment regimen of the investigational antiviral remdesivir plus the anti-inflammatory drug baricitinib for coronavirus disease 2019 (COVID-19) has begun.




1

Study finds nearly 40% drop in stroke evaluations during COVID-19 pandemic

The number of people evaluated for signs of stroke at U.S. hospitals has dropped by nearly 40% during the COVID-19 pandemic, according to a study led by researchers from Washington University School of Medicine in St. Louis who analyzed stroke evaluations at more than 800 hospitals across 49 states and the District of Columbia.




1

21-year navy veteran among Northwood residents to die of COVID-19

The last time Charlene Chiddenton saw her father in person was on March 7 — visitor restrictions at long-term care homes during the pandemic had kept them apart — and less than two months later, she was saying goodbye to her father by video call.



  • News/Canada/Nova Scotia

1

Nova Scotia lost 50,000 jobs in April amid COVID-19

Fifty thousand jobs were lost in Nova Scotia in April, reflecting the devastating economic impact of the first full month of public health orders to prevent the spread of COVID-19.



  • News/Canada/Nova Scotia

1

Dal medical student volunteers to help at epicentre of N.S. COVID-19 outbreak

Graduation is on hold for Dalhousie University medical student Manveer Bal, so he's decided to spend his newfound free time volunteering at the epicentre of the COVID-19 outbreak in Nova Scotia.



  • News/Canada/Nova Scotia

1

Frustrations mount for parents awaiting refund for school trips lost to COVID-19

Some school travel groups in Cape Breton that had trips cancelled in March due to COVID-19 are still waiting to get their money back.



  • News/Canada/Nova Scotia

1

'Always up on everything': Woman remembers sister who died from COVID-19 at Northwood

A woman who lost her sister to COVID-19 at the start of the month is thanking the staff at Northwood who took "excellent" care of her in her final days. Jean Harrigan, 90, is being remembered for her caring and lively nature.



  • News/Canada/Nova Scotia

1

1 more death, 3 new cases of COVID-19 in Nova Scotia

The latest death was at the Northwood long-term care home in Halifax.



  • News/Canada/Nova Scotia

1

Quebec announces new bonuses for front-line health-care workers in fight against COVID-19

For those working in CHSLDs — the province's long-term care homes which are the site of the most serious outbreaks — the bonus will amount to as much as $1,000 per month.



  • News/Canada/Montreal

1

Quebec unemployment rate soars to 17%, highest ever recorded

The COVID-19 crisis has wreaked havoc on Quebec's economy, with the province recording its highest unemployment rate since at least 1976, when the data was first tracked.



  • News/Canada/Montreal

1

Quebec relies on hundreds of asylum seekers in long-term care battle against COVID-19

Asylum seekers make up a large portion of the "guardian angels" Quebec Premier François Legault has praised in his daily COVID-19 briefings: the orderlies who have no guarantee they'll be allowed to stay in Canada.



  • News/Canada/Montreal

1

Quebec short of COVID-19 screening goal as Montrealers urged to wear masks

As the Montreal area continues to be the Canadian epicentre of the COVID-19 outbreak, anyone showing symptoms of the virus is being asked to get tested.



  • News/Canada/Montreal