FSI Briefs No 6, May 2020. Regulatory actions in the current circumstances need to focus on preserving banks' lending activity without jeopardising their solvency. This means that flexibility in capital requirements, including through the use of regulatory buffers, and capital conservation should go hand in hand. Basel III provides for automatic distribution constraints when capital falls below specific thresholds. In the current context, this may disincentivise firms from following authorities' recommendations to use capital buffers. Blanket distribution restrictions imposed through supervisory action may help address these disincentives to the extent that they are not linked to firms' individual capital positions and thus remove any possible stigma effect. Most authorities have undertaken initiatives in relation to banks' distribution policies in the Covid-19 pandemic environment. However, practices across jurisdictions diverge markedly as regards scope and stringency.

Long-term interest rates have remained low despite a surge in the issuance of sovereign debt to mitigate the economic impact of the pandemic.

Bank of Italy Working Papers by Andrea Gazzani and Alejandro Vicondoa

Bank of Finland Research Discussion Papers by Gonçalo Faria and Fabio Verona

A prolific leaker has declared that Apple has a new Apple TV 4K ready to go, and it could launch the product at any time.

When the British public responded to OM’s Just Christmas appeal, OM Montenegro received funds to help families, just at the right time.

OM worker Jelena desires to help the broken hearted and see local believers grow. Read what God has done in her life.

Denver Newsroom, May 7, 2020 / 03:48 pm (CNA).- For the first time in over a century, the annual May 13 celebrations at the Fatima shrine will take place without the physical presence of pilgrims, the bishop of Fatima confirmed this week.

Cardinal Antonio Marto said in a May 3 statement that the celebrations for the Feast of Our Lady of Fatima “will take place as was announced April 6, without the physical presence of pilgrims, in the name of prudence to avoid the risk of spreading the novel coronavirus.”

“As planned in conjunction with the civil authorities, the May 12 and 13 celebrations for this year cannot have the physical presence of the pilgrims and will be transmitted by broadcast and digital media,” he continued.

The cardinal explained that hosting “an unpredictable multitude of people” gathering at a time when the coronavirus pandemic is still a serious threat would go against the efforts of health authorities to gradually lift restrictions imposed to slow the spread of the virus.

“We therefore respect, in an attitude of collaboration with the competent civil authorities, the guidelines for these celebrations to be held with a symbolic presence of participants,” Marto said.

The clarification over the Fatima feast day came as the Portuguese government gradually begins to ease restrictions that had been put in place in response to the pandemic, prompting speculation over whether the May 13 celebrations would be able to take place as normal. The annual event typically draws hundreds of thousands from around the world to the shrine.

The Portuguese Bishops’ Conference had announced earlier this month that public Masses could tentatively resume the weekend of Pentecost, May 30-31, in accordance with guidelines to be established by the country’s health department and the Catholic Church.

Cardinal Marto stressed that the decision to suspend public religious celebrations was based in a sense of responsibility toward the public health, as a way of loving one’s neighbor.

“[A]s much as our hearts would like to be in Fatima celebrating together in the same place, as has been the case since 1917, prudence counsels us not to do so this time,” he said, adding that Catholics can look forward to an end to the pandemic and an opportunity to gather together joyfully in the future.

Fr. Carlos Cabecinhas, rector of the Shrine of Our Lady of Fatima, encouraged pilgrims who are unable to physically attend the events to make an interior pilgrimage, participating in the events of the Solemnity of Our Lady of Fatima through the internet or social media.

“This is a painful time: the shrine exists to welcome the pilgrims and we cannot do so, this is a cause for great sadness; but this decision is also an act of responsibility toward the pilgrims, protecting their health and welfare,” the priest said.

The shrine’s website offers four steps to guide people on this interior pilgrimage.

According to the website, “the celebrations of May 12 and 13 will maintain the usual schedule with recitation of the Rosary at 9:30 p.m. followed by the Candlelight Procession. On the 13th the Rosary will be prayed at 9:00 a.m. followed by the International Mass and the Farewell Procession.”

In March, 24 countries were consecrated to the Sacred Heart of Jesus and the Immaculate Heart of Mary at the Shrine of Our Lady of Fatima.

At that ceremony, Cardinal Marto recalled that Saints Francisco and Jacinto Marto, shepherd children to whom an angel, and then the Blessed Virgin Mary appeared in 1916 and 1917 at Fatima, both died amid the victims of the Spanish flu pandemic.

To date, Johns Hopkins University has reported 26,182 cases of novel coronavirus in Portugal, with 1089 deaths.

 

Caitlin Red returns home after interning with OM Madagascar since August. Says Caitlin, “In Madagascar, I learnt enough lessons to last me a lifetime.”

The post Lighten your Components by over 50 Percent with Topology Optimization in SOLIDWORKS Simulation appeared first on The SOLIDWORKS Blog.

On 11-12 September 2010, Zimbabwe auctioned diamonds from the controversial Marange mines. There was little international condemnation, especially compared to the controversy over the first sale of Marange diamonds in August. Since an export ban was imposed on diamonds from Marangein November 2009, the Kimberley Process has permitted Zimbabwe to hold two auctions, although the country has not been able to guarantee that widespread human rights violations in the mines and smuggling have stopped.

OM Malawi’s Chiyembekezo School is giving out goats.

CNA Staff, Apr 30, 2020 / 05:00 am (CNA).- The bishops of England and Wales have urged parishes to help domestic abuse victims after a surge in requests for aid during the coronavirus crisis. 

Since the lockdown began in the U.K. March 23 there has been a 49% increase in calls and online pleas for assistance related to domestic abuse, the bishops said in a statement April 29. 

Bishop John Sherrington, chairman of the bishops’ domestic abuse group, said: “Catholic parishes can play an important role in fighting the scourge of domestic abuse, especially during the COVID-19 pandemic where we are seeing some shocking statistics from leading domestic abuse organisations.”

Guidance provided by the bishops’ domestic abuse group encourages pastors to raise the issue of domestic violence during livestreamed Masses and in homilies published on parish websites. 

The group also asks parishes to establish local domestic abuse support groups. Teams of volunteers should keep in regular contact with vulnerable parishioners, and collect and deliver donations to those living in refuges and other safe locations, the group advises.

It adds that team leaders ought to be “in a non-vulnerable COVID-19 category, and not living with any vulnerable people.” They should also have been checked by the Disclosure and Barring Service, which informs employers about applicants’ criminal records.

“Every local situation will differ and so our new guidance is designed to be used as an introduction to start a local project,” Bishop Sherrington said. “I hope that Catholics and parishes will be inspired to take this up in their local area.”

“Violence of this kind should never be tolerated or justified. It is an offence against the dignity of the human person.”
 

Lincoln and Manna from Hong Kong are two of the four candidates to participate in OM EAP’s first Timothy Trek training programme this year.

Vatican City, May 5, 2020 / 03:30 am (CNA).- Pope Francis prayed for those who have died alone during the coronavirus pandemic at his morning Mass Tuesday.

At the start of Mass in the chapel at Casa Santa Marta, his Vatican residence, he said May 5: "Today we pray for the deceased who have died because of the pandemic. They have died alone, without the caresses of their loved ones. So many did not even have a funeral. May the Lord welcome them in His glory."

More than 250,000 people have died of COVID-19 worldwide as of May 5, according to Johns Hopkins University Coronavirus Resource Center.

In his homily, the pope reflected on the day’s Gospel reading (John 10:22-30), in which Jesus is asked to declare openly whether he is the Christ. Jesus replies that he has already told his listeners, but they have not believed him because they are not among his sheep.  

Pope Francis urged Catholics to ask themselves: “What makes me stop outside the door that is Jesus?”

One major obstacle is wealth, the pope said.

“There are many of us who have entered the door of the Lord but then fail to continue because we are imprisoned by wealth,” he said, according to a transcript by Vatican News. 

“Jesus takes a hard line regarding wealth… Wealth keeps us from going ahead. Do we need to fall into poverty? No, but, we must not become slaves to wealth. Wealth is the lord of this world, and we cannot serve two masters.”

The pope added that another barrier to progress towards Jesus is rigidity of heart.  

He said: “Jesus reproached the doctors of the law for their rigidity in interpreting the law, which is not faithfulness. Faithfulness is always a gift of God; rigidity is only security for oneself.”

As an example of rigidity, the pope recalled that once when he visited a parish a woman asked him whether attending a Saturday afternoon nuptial Mass fulfilled her Sunday obligation. The readings were different to those on Sunday so she worried that she might have committed a mortal sin. 

Rigidity leads us away from the wisdom of Jesus and robs us of our freedom, he said.

The pope named two further obstacles: acedia, which he defined as a tiredness that “takes away our desire to strive forward” and makes us lukewarm, and clericalism, which he described as a disease that takes away the freedom of the faithful. 

He identified worldliness as the final obstacle to approaching Jesus. 

“We can think of how some sacraments are celebrated in some parishes: how much worldliness there is there,” he said. 

“These are some of the things that stop us from becoming members of Jesus’s flock. We are ‘sheep’ of all these things -- wealth, apathy, rigidity, worldliness, clericalism, ideologies. But freedom is lacking and we cannot follow Jesus without freedom. ‘At times freedom might go too far, and we might slip and fall.’ Yes, that’s true. But this is slipping before becoming free.”

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 end of his homily, the pope prayed: “May the Lord enlighten us to see within ourselves if we have the freedom required to go through the door which is Jesus, to go beyond it with Jesus in order to become sheep of His flock.”

Pediatric thrombocytopenia has a wide differential diagnosis, and recently, genetic testing to identify its etiology has become more common. We present a case of a 16-year-old boy with a history of chronic moderate thrombocytopenia, who later developed constitutional symptoms and bilateral hand edema with cold exposure. Laboratory evaluation revealed evidence both of inflammation and elevated muscle enzymes. These abnormalities persisted over months. His thrombocytopenia was determined to be immune mediated. Imaging revealed lymphadenopathy and asplenia, and a muscle biopsy was consistent with tubular aggregate myopathy. Ophthalmology evaluation noted photosensitivity, pupillary miosis, and iris hypoplasia. Genetic testing demonstrated a pathogenic variant in STIM1 consistent with autosomal dominant Stormorken syndrome. Our case is novel because of the overlap of phenotypes ascribed to both gain-of-function and loss-of-function pathogenic variants in STIM1, thereby blurring the distinctions between these previously described syndromes. Pediatricians should consider checking muscle enzymes when patients present with thrombocytopenia and arthralgia, myalgia, and/or muscle weakness. Our case highlights the importance of both multidisciplinary care and genetic testing in cases of chronic unexplained thrombocytopenia. By understanding the underlying genetic mechanism to a patient’s thrombocytopenia, providers are better equipped to make more precise medical management recommendations.

OM Ireland's Mobilising director shares her thoughts about going "into all the world."

God changes teens' lives during TeenStreet Queensland in Australia at the beginning of July.

An OM Ukraine leader reports that amidst ongoing conflict, deep changes are taking place that OM Ukraine expects will lead to spiritual harvest.

Balboa, Panama :: Logos Hope's volunteers make an uplifting visit to a shelter for migrant men, testing their eyesight and handing out reading glasses.

"I'M hungry."

The head of the International Monetary Fund said Friday that previous estimates for the world economy to contract by three percent this year were too optimistic.

OM EAST - Just before Easter 2010, the Hitchings travelled to Serbia with Simon (OM EAST) to deliver 1200 copies of "My First Bible" in Arli to the Arli church...

TIM HENMAN believe the recent investment in Scottish tennis can help improve the game in this country, and the former British number one admits he is hugely impressed with some of the young talent being produced across the UK, in particular Scotland’s Aidan McHugh, the 19-year-old who has recently ventured into the senior ranks.

ANDY MURRAY has had a bumpy ride over the past couple of years, undergoing hip surgery, staging a comeback which saw him win his first title in two years before another injury setback has seen him sidelined since the tail-end of last year.

IT’S becoming a real bore that our main sporting authorities, particularly the Scottish Football Association, the Scottish Professional Football League and the Scottish Rugby Union, continue to get in a fankle over the way to end the 2019-20 season.

Within just a few weeks, the corona crisis has led to a collapse of over 90 percent of flight operations in the capital region. In light of this dramatic situation, the Flughafen Berlin Brandenburg GmbH (FBB) Executive Board concluded a works agreement ...

American band Iration is not unfazed by the current turmoil across the world brought on by the coronavirus disease (COVID-19) pandemic. Their latest single Right Here Right Now, however, calls for gratitude despite the challenges being faced.

Dear Editor,I am beyond concerned that it has taken now for the minister of health to become alarmed that only 35 of 185 nursing homes in Jamaica are registered.

Over twenty people have been killed in a landslide in Costa Rica, due to heavy rainfall in the Central American country. The disaster caused huge damage in both in the Pacific coast and in a suburb of the capital San José. Together with local churches, OM Costa Rica is organising help for families who lost their homes.

There was a time when I would sit up late in bed, reading novels. As a reviewer, this was often for work, but that didn’t diminish the pleasure of ending the day in another world. Of late, however, I’ve hurried through ordinary books the way you rush the main course in expectation of pudding. The reason? I’ve discovered the joy of gardening catalogues, and of roses in particular. As a result, my evening ritual is extended to include a last look at roses that ramble over walls, or join hand

From Thursday 16 January to Sunday 2 February 2020, musicians from across the world will take part in over 300 events in venues throughout Glasgow for the UK's premier celebration of celtic music.

THE 2000 film Almost Famous told the love story of a schoolboy writer tracking a rock band and falling for a teenage girl – who happens to be a groupie. Or was she?

I’m not sure it was wise for Nicola Sturgeon to invoke Nelson Mandela in her speech on the next steps (sic) to independence. He was a revolutionary who pursued a campaign of non-violent direct action, including strikes, boycotts and other acts of civil disobedience. That’s what many ardent Yessers were hoping against hope she might authorise.

Nicola Sturgeon won plaudits from some unlikely quarters this week for her “grown-up conversation” on lifting the lockdown.

As millions of students nationwide start to settle into virtual learning programs to slow the spread of the coronavirus, a massive new research analysis sounds another note of caution about the effects of exposing significantly more screen time.

K-12 teachers are faced with a question many likely thought they'd never have to ask: How often during the school day do my students need to see me and when?

The slur isn't appropriate for school personnel or students of any race to ever use, writes Tyrone C. Howard.

Whether Janus will be a death blow or a turning point for unions depends on what they do now, writes Paul Reville.

SCOTLAND’S Economy Secretary has penned a letter to the UK Government venting her frustration at being given “insufficient time” to consider workplace safety proposals.

A look at the two major political parties' platforms since the first charter school law was passed shows how Democrats' positions on school choice have evolved, including increased calls for accountability.

A seven-month investigation into an alleged sexual assault by a high school football player in a small Missouri town has set the internet ablaze.

Neil Cooper

Neil Cooper

WHILE watching the daily Downing Street press conferences it is possible to feel a range of emotions. Frustration, for instance, as one inquiry after another goes unanswered, or disappointment at the quality of the questioning.

Less than 20 percent of respondents to a new CoSN survey marked any items on a list of cybersecurity threats as "high-risk" from their perspective.