de

Immigration and the fear of unemployment: evidence from individual perceptions in Italy

Bank of Italy Working Papers by Eleonora Porreca and Alfonso Rosolia




de

Dollar invoicing, global value chains, and the business cycle dynamics of international trade

Bank for International Settlements BIS Working Papers by David Cook and Nikhil Patel




de

Understanding US export dynamics: does modelling the extensive margin of exports help?

Bank of England Working Papers by Aydan Dogan and Ida Hjortsoe




de

Central Bank Digital Currency - Objectives, preconditions and design choices

Netherlands Bank DNB Occasional Studies by Peter Wierts and Harro Boven




de

Dealers' insurance, market structure, and liquidity

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




de

Quantitative easing and the price-liquidity trade-off

European Central Bank Working Papers by Marien Ferdinandusse, Maximilian Freier and Annukka Ristiniemi




de

The making of a cyber crash: a conceptual model for systemic risk in the financial sector

European Systemic Risk Board Occasional Papers by Greg Ros




de

From secular stagnation to robocalypse? Implications of demographic and technological changes

Bank of Spain Working Papers by Henrique S. Basso and Juan F. Jimeno




de

The impact of information laws on consumer credit access: evidence from Chile

Central Bank of Chile Working Papers by Carlos Madeira




de

International and domestic interactions of macroprudential and monetary policies: the case of Chile

Central Bank of Chile Working Papers by Tomás Gómez, Alejandro Jara and David Moreno




de

The Real Effects of Monetary Shocks: Evidence from Micro Pricing Moments

Central Bank of Chile Working Papers by Gee Hee Hong, Matthew Klepacz, Ernesto Pasten and Raphael Schoenle




de

Life and Death in the ‘Hot Zone’

“If people saw this, they would stay home.” What the war against the coronavirus looks like inside two Bronx hospitals.




de

Trump’s Deadly Search for a Scapegoat

If the president had listened to the World Health Organization, American lives would have been saved.




de

This Pandemic Is Bringing Another With It

More suffering is ahead for the developing world.




de

Here’s How You Can Change Lives in the Pandemic

These causes will make great use of your money or your time.




de

McDonald’s Workers in Denmark Pity Us

Danes haven’t built a “socialist” country. Just one that works.




de

The Best Video Streaming Services for 2020

Cord cutters have more choices than just Netflix and Hulu. We break down the best video streaming services for your money, whether you're looking to completely replace cable or watch the latest original content on-demand.




de

Deezer

Bursting at the seams with content, Deezer is a well-rounded streaming music service, though it lacks the competition's fun extras.




de

Plagued by the President

Trump washes his hands of responsibility.




de

Psychology student credits success with Mont Alto's strong focus on research

Amanda Moore, of Chambersburg, Pennsylvania, is on track to graduate from Penn State Mont Alto this May with a degree in psychology. She credits her academic success with Mont Alto's strong focus on research and varied program offerings.




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Mont Alto student research is front and center during 2020 Academic Festival

Penn State Mont Alto recognizes and honors winners during awards ceremony




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Penn State Mont Alto students recognized during online awards ceremony

The Penn State Mont Alto campus held its annual Academic and Leadership Awards Ceremony online on Sunday, April 19. Eighty-eight students were recognized for their academic achievements and campus leadership during the 2019-20 academic year. Three faculty members and one staff member were also recognized for their above-and-beyond contributions to the learning environment at Penn State Mont Alto.




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Penn State Mont Alto adds project and supply chain management degree

Penn State Mont Alto unveiled its new project and supply chain management degree in response to a local and global need.




de

Student-athletes stay engaged through in-home workouts and challenges

Staying active and maintaining physical fitness has many benefits to all elements of wellness, including mental and emotional well-being that may be taxed during social distancing. At Penn State Mont Alto, the athletic department has been releasing weekly at-home workout and challenge videos that are accessible on our Facebook and Instagram pages to keep our student-athletes engaged.




de

American Democracy May Be Dying

Authoritarian rule may be just around the corner.




de

Starve the Beast, Feed the Depression

Anti-government ideology is crippling pandemic policy.




de

McConnell to Every State: Drop Dead

Blocking federal aid is vile, but it’s also hypocritical.




de

Peacocks and Vultures Are Circling the Deficit

The only fiscal thing to fear is deficit fear itself.




de

An Epidemic of Hardship and Hunger

Why won’t Republicans help Americans losing their jobs?




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Lecture to address mental health and the COVID-19 Pandemic

The College of Health and Human Development will host M. Daniele Fallin, Sylvia and Harold Halpert Professor in Mental Health and chair of the Department of Mental Health at the Johns Hopkins Bloomberg School of Public Health, at 4 p.m. via Zoom Webinar on Thursday, May 7, for the next presentation in its Dean’s Lecture Series: Perspectives on the Pandemic. This presentation, “Mental Health and the COVID Pandemic,” will summarize recent findings on the psychological effects of the pandemic, as well as offer some strategies for prevention and intervention as the pandemic, and its after-effects, continue.




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Health administration students learn to manage rapid changes in health care

Students in Penn State’s Master of Health Administration program are learning first-hand how the skills and competencies they are acquiring in the classroom will be applied in their professional careers. A recent virtual roundtable event provided opportunities for students to learn real-world strategies from health care industry leaders that are being applied in response to the COVID-19 pandemic.




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College of Health and Human Development names student marshals

Alexandra Stone and Blake Gillikin will serve as college marshals for spring 2020 commencement.




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College of Health and Human Development names program marshals

Student marshals will represent each department for spring 2020 commencement




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Student-athletes soar at Penn State Mont Alto

As the tally of conference championships grows and more teams get bids for national playoffs, student-athletes at Penn State Mont Alto have their eyes on a bigger prize: academic success.




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Penn State Mont Alto student-athletes recognized by USCAA and PSUAC

Two Mont Alto student-athletes named to the USCAA All-Academic Team; Corrine Custer-Grassmyer recognized as John Fritz Sportsmanship Award Honoree.




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Apple looks to the future of video conferencing with Memoji avatars



Instead of every meeting attendee staring at a flat Zoom screen, Apple is looking to the future of video conferencing with Memoji-style avatars arranged in augmented reality around each meeting attendee.




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16" MacBook Pro deals: save up to $450 on every single model with coupon



AppleInsider has rounded up the best 16-inch MacBook Pro deals going on right now, with coupon savings knocking up to $450 off every single model. Whether you're in the market for a standard config or looking for a loaded Core i9 model, it pays to check out the cash discounts.




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Home automation company Wink under fire for surprise subscription mandate



Wink customers will soon have to pay a monthly subscription fee to access any of the smart home hardware that they have purchased.




de

Apple expects iPad, Mac sales to grow in June Q3 despite COVID-19



It's not exactly surprising that with all of the uncertainty in the world, Apple decided that it couldn't provide useful revenue guidance for its fiscal Q3 ending in June. It is unexpected, however, that Apple felt confident in announcing a silver lining to the pandemic -- it expects to sell more Macs and iPads in the summer of 2020 compared to 2019.



  • iPhone/iPad/Apple Watch

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Apple releases fourth developer betas of macOS 10.15.5, watchOS 6.2.5, tvOS 13.4.5



Following the release of the fourth betas of iOS 13.5 and iPadOS 13.5, Apple has followed through with fourth betas for macOS 10.15.5, watchOS 6.2.5, and tvOS 13.4.5.



  • Mac OS X/Apple TV/Apple Watch/macOS

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Samsung to launch 'innovative' physical debit card this summer



Following in the footsteps of Apple Card, and in the shadow of a rumored debit card solution from Google, Samsung on Thursday announced plans to field a physical debit card product in partnership with finance company SoFi.




de

Apple TV+ drama 'Defending Jacob' reportedly setting records



While Apple has not revealed any viewing figures for Apple TV+, industry sources say the new "Defending Jacob" drama is a hit with higher viewing figures, and audience engagement, than most shows on the service.




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13-inch MacBook Pro refreshed, WWDC date announced, and HomeKit device roundup on the AppleInsider Podcast



Apple has refreshed the 13-inch MacBook Pro with Magic Keyboard, the start of Apple's online WWDC has been announced, the iPad Pro Smart Keyboard gets a teardown, and your hosts provide a massive roundup of HomeKit and smart home devices.




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Rumor: 'watchOS 7' could help Apple Watch detect panic attacks



Apple is supposedly developing new mental health features for the Apple Watch line that allow the wearable to detect panic attacks, with the capability potentially slated for launch with a next-generation "watchOS 7" this fall.




de

Best iTunes movie and television deals for Mother's Day weekend



Apple frequently places movies on sale, and this week is no exception. Here's the latest batch of movies that you can get on the cheap for this Mother's Day weekend.




de

Mother's Day weekend deals: $100 off Apple Watch Series 5, iPod touch from $95, 16" MacBook Pros $2,024



Mother's Day may be tomorrow, but you can still grab a great deal on Apple hardware with prices starting at just $95. Take advantage of the return of the popular $100 discount on Apple Watch Series 5 styles, plus a new $375 markdown on 16-inch MacBook Pros and flash deals on iPod touch models.




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Help for the hidden

Social workers in Bar, Montenegro, introduce OM workers to “hidden” people, enabling them to give holistic help, which the social workers alone could not provide.




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Catholic teen seeks to inspire neighborhood with Marian sidewalk art

Denver Newsroom, May 7, 2020 / 06:01 pm (CNA).- A young Catholic artist has drawn an image of the Blessed Virgin Mary on her parents' driveway bringing religious art to her local community during the quarantine.

The Diocese of Fargo posted on Facebook May 4 an image of Our Lady of Lourdes drawn by Maria Loh, a 17-year old who grew up in Fargo. She said it was an enjoyable experience to share her faith and art with her neighborhood.

“Being able to interact with people when they walked by was very moving in a way because a lot of people have never really seen sidewalk art done like that locally. So being able to share in that kind of experience, it was very, very good,” she told CNA.

Loh has recently been inspired by chalk art and pastels, which, she said, have vibrant and beautiful colors. She has drawn on the sidewalks a few times, including two images of Mary - Madonna of the Lillies and the Pieta by William Adolphe-Bouguereau.

Her most recent chalk drawing was Our Lady of Lourdes by Hector Garrido - an image she had seen as a magnet on her grandparents' refrigerator growing up. The picture has always been an inspiration, she said, noting that she decided to replicate it after Our Lady of Lourdes Shrine in France had temporarily closed due to the coronavirus pandemic.

“I heard that the shrine had been temporarily closed off to the public, and I remember … thinking that's really sad because especially in this time, we’re really looking for healing in more ways than one, like physically and mentally and spiritually,” she said.

“It really felt like people wouldn't be able to go to experience that. So I felt like drawing this image of Our Lady of Lourdes would be a good way to remind people that Our Lady is still with us even if we can’t go to her shrine.”

Loh, the oldest of five, has been involved with art projects and drawing for her entire life. She said, growing up in a Catholic family, she has been inspired by her faith and the religious art in churches.

“I see our faith as so precious... Especially in the form of the Eucharist - the actual body and blood of Christ, I've seen that we are very blessed to have that in our faith. It's something that has impacted a lot of my life growing up,” she said.

While she was working on the piece, Loh said, a majority of passersby did not know who the lady in the image was. She expressed hope that the picture would help remind people of Mary and the beauty of the Church, which, she said, is a powerful attraction to the faith.

“One thing that I hope this kind of art and image will evoke is a desire to come to know who Mary is and how rich our faith is. … All the beautiful art that can be seen in Catholic churches, especially like in Rome, there's almost a transcendental beauty to them that draws people into the faith to come to know things that they've never dreamed of before,” she said.

As Loh finishes her junior year of high school, she expressed the possibility of art school after graduation, but, while she is still uncertain of the future, said art will not be dropped anytime soon.

“I can definitely see [art school] being a possibility. I’ll have to spend some time, especially with God trying to figure out what he wants me to do. But, I don't think art is going out of my life anytime soon,” she said.




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Andrew Walther appointed president of EWTN News

CNA Staff, May 8, 2020 / 06:00 am (CNA).- EWTN Global Catholic Network, the world’s largest Catholic media organization, announced Friday that Andrew Walther – an experienced Catholic journalist, media executive, and advocate for persecuted Christians – has been named president and chief operating officer of EWTN News, Inc. The appointment is effective June 1.

Walther began his Catholic media career as a journalist writing for the National Catholic Register two decades ago. Most recently he has served as vice president for communications and strategic planning at the Knights of Columbus.

In his role as president of the news division, Walther will oversee EWTN’s vast news media platforms, which create content in English, Spanish, German, French, Portuguese and Italian. Its holdings include Catholic News Agency, the National Catholic Register, the ACI Group, ChurchPop and EWTN’s lineup of television and radio news programming.

“As well as being an accomplished Catholic journalist and media executive, Andrew Walther brings to this role unique expertise in the global Church,” said EWTN Chairman and CEO Michael P. Warsaw.

“His leadership experience with a global Catholic communications and media operation – and his previous work with the National Catholic Register and EWTN News Nightly – gives him the added advantage of already knowing the Catholic media world and many of the people within the EWTN family. We look forward to having him lead and strengthen our news division,” Warsaw said.

Since 2005, Walther has worked in senior roles at the Knights of Columbus. During his tenure at the Knights, Walther helped launch the organization’s modern communications department, overseeing work with Catholic and secular media outlets, the launch of social media channels and video production, and the organization’s global media work, especially in Europe and the Middle East. He was also heavily involved in the organization’s charitable work and disaster relief initiatives.

Walther also organized and led the Knights’ work on behalf of persecuted Christians in the Middle East, traveling to Iraq several times and successfully leading a public effort to have ISIS’ campaign of persecution declared  a genocide by Secretary of State John Kerry.

His advocacy for persecuted Christians and other religious minorities in the Middle East helped shape policy in both the Obama and Trump administrations, and he also helped play a role in forging a bipartisan legislative consensus on behalf of persecuted Christians and other victims of ISIS in the Middle East. Walther’s efforts included working with other governments and the UN as well as with Catholic, Orthodox, Protestant, Jewish and Muslim leaders to end violence and persecution and bring relief to persecuted Christian communities.

“Andrew Walther has been a good friend and a trusted colleague for many years,” said Archbishop José H. Gomez of Los Angeles, who is president of the U.S bishop’s conference and a longtime member of EWTN’s board of governors.

“Andrew is one of the Church’s finest strategic thinkers and a highly respected advocate for international religious liberty. All of this will serve him well as head of the world’s largest Catholic news organization. I wish him great success.”

While working closely over the years with many bishops, dioceses and Catholic organizations in North America, Walther also worked closely with the Vatican on several projects under both Pope Benedict XVI and Pope Francis.

“Mother Angelica created a network dedicated to ‘the advancement of truth’ and Catholic news is a vital part of this mission,” Walther said Friday.

“I look forward to working with the talented and dedicated team of journalists at EWTN News to provide news from a Catholic perspective and to highlight important stories that might otherwise be overlooked.”

In addition to his roles in media and religious freedom advocacy, Walther also oversaw the Knights’ polling and book publishing operations, which included several New York Times bestsellers. Together with his wife, Maureen, he co-authored “The Knights of Columbus: An Illustrated History,” a book released this year.




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Federal judge says state can require COVID-19 tests before abortions

CNA Staff, May 8, 2020 / 12:30 pm (CNA).- A federal judge in Arkansas on Thursday upheld the state’s requirement that women obtain a negative coronavirus test before having an abortion.

Calling the decision “agonizingly difficult,” Judge Brian Miller for the Eastern District Court of Arkansas said the state’s testing mandate—which applies to all elective surgeries and not just abortions—is “reasonable” during the public health emergency and was not done “with an eye toward limiting abortions.

The judge noted that “it is undisputed that surgical abortions have still taken place.”

The abortion clinic Little Rock Family Planning Services had requested a temporary injunction on the state health department’s requirement that elective surgery patients obtain a negative new coronavirus (COVID-19) test result within 48 hours before the procedure.

Previously, the health department ordered a halt to non-essential surgeries on April 3 to preserve resources for treating COVID-19.

The Little Rock abortion clinic performed abortions while claiming they were offering “essential” procedures, and after the health department ordered them to stop on April 10, the clinic challenged the state in court. The diocese’s Respect Life Office noted that women were traveling to the clinic for abortions from nearby states such as Texas and Louisiana.

The clinic won its case for a temporary restraining order at the district court level, but the Eighth Circuit appeals court subsequently overruled that decision and sided with the state.

The April 3 directive was updated April 24 to allow for some elective surgeries provided certain conditions were met. Elective abortions were included in the “non-essential” surgeries that were allowed to continue on April 24.

These conditions included no overnight stays, no contact with COVID-19 patients in the previous 14 days, and a negative COVID-19 test for patients within 48 hours of the surgery.

According to the clinic, which asked for a temporary injunction, three women were seeking to obtain “dilation and evacuation” abortions but were prevented from meeting the state’s testing requirmenet. One woman said she was unable to get a COVID-19 test; another said the lab could not guarantee she would receive results in 48 hours. The third woman was unable to get an abortion in Texas, and drove to the Little Rock clinic; she was told the results of her test would not be available for several days.

In response, the state’s health department said that four surgical abortions had still been performed at the clinic between April 27 and May 1, with COVID-19 test results having been obtained within 48 hours of the abortions, and thus the directive was not an “undue burden” on women seeking abortion.

In his decision on Thursday, Judge Miller said that the pandemic is a serious threat, noting that at the time of the opinion more than 70,000 people had died in the U.S. from the virus including more than 3,500 people in Arkansas.

He said the case “presents the tug-of-war between individual liberty and the state’s police power to protect the public during the existing, grave health crisis,” and noted that the three women as well as others “are very troubled. There is a strong urge to rule for them because they are extremely sympathetic figures, but that would be unjust.”