Banks globally entered the Covid-19 crisis with roughly US$ 5 trillion of capital above their Pillar 1 regulatory requirements. The amount of additional lending will depend on how hard banks' capital is hit by the crisis, on their willingness to use the buffers and on other policy support. In an adverse stress scenario such as the savings and loan crisis, banks' usable buffers would decline to US$ 800 billion, which could support US$ 5 trillion of additional loans (6% of total loans outstanding). Yet in a severely adverse scenario, similar to the Great Financial Crisis, the corresponding figures would be only US$ 270 billion and US$ 1 trillion (1.3% of total loans).

OM Malawi opens a new school to help educate children in need.

Rome, Italy, May 7, 2020 / 09:30 am (CNA).- A Eucharistic blessing of the city of Rome has been offered each day from the doorstep of Rome’s largest Marian basilica as coronavirus measures restricted the public from attending Masses.

The daily Eucharistic procession and benediction takes place in the Papal Basilica of St. Mary Major immediately following a livestreamed Mass at 11 a.m. local time from the chapel containing the Marian icon Salus Populi Romani, Mary Protection of the Roman People.

“The cardinal archpriest, all the canons, priests and religious of this basilica wish to give testimony to the Real Presence of Our Lord Jesus Christ, Doctor and Medicine for humanity tried by this pandemic,” states a caption for the video of a benediction from the loggia on March 21. 

As Rome entered phase two of coronavirus restrictions this week, more people have been able to witness the Eucharistic procession and blessing in person. In the second phase of Italy’s lockdown, which began May 4, residents are allowed to exercise and go for walks in the city with facemasks.

 

A Eucharistic procession and blessing of the city of Rome is offered daily from the doorstep of the Basilica of St. Mary Major during the coronavirus pandemic. pic.twitter.com/LSmHBloK8N

— Courtney Mares (@catholicourtney) May 7, 2020  

On the first day of the eased restrictions, a tour guide in Rome stumbled upon the Eucharistic procession in the basilica.

“I saw that confession was available and adoration was taking place. Following adoration, the priests processed the Blessed Sacrament through the church and into the piazza for a benediction over the city. They then walked to the back door and out into that piazza for another benediction,” Mountain Butorac told CNA. 

“This being one of my first experiences in church in nearly two months brought tears to my eyes and hope to my heart,” he said.

Public Masses will be able to resume in the Diocese of Rome and throughout Italy beginning on May 18, 70 days after the restrictions on Mass went into effect.

During Rome’s lockdown, Pope Francis made a brief walking pilgrimage to the Basilica of St. Mary Major to pray for the Virgin Mary’s protection from the coronavirus pandemic affecting Italy and the world.

The pope later had the basilica’s Byzantine icon of Salus Populi Romani brought to St. Peter’s Square for the extraordinary Urbi et Orbi benediction on March 27. The Marian icon remained inside the basilica throughout the Easter Triduum liturgies.

The Salus Populi Romani icon was also processed through Rome by Pope Gregory I for an end to a plague in 593.

 

The benediction takes place following a livestreamed Mass before the Salus Populi Romani, the same Marian icon processed through Rome by Pope Gregory I for an end to a plague in the 6th century. pic.twitter.com/efIbaJF6Hf

— Courtney Mares (@catholicourtney) May 7, 2020  

Among the four major papal basilicas in Rome, St. Mary Major is the only one that maintained its original structure. Mosaics dating back to the 5th century can be seen in the central nave of the basilica, which also houses the relic of the Holy Crib from the birth of Christ.

According to tradition, the Virgin Mary appeared to both a nobleman named John and to Pope Liberius (352-366) in a dream foretelling the August snow and asking for a church to be built in her honor on the site of the snowfall on Aug. 5 in the year 358. The church was rebuilt by Pope Sixtus III (432-440), after the Council of Ephesus in 431 declared Mary to be the Mother of God.

Vespers and prayers of the holy rosary are offered via livestream each day from the Marian basilica just before 5 p.m. in Rome.

We find out how football is offering hope for the homeless.

We travel to France to find out how the 2011 Homeless World Cup helped to change lives.

Bulgaria coach Luboslav Penev and his staff encouraged over 120 children taking part in a grassroots event in Sofia designed to increase participation in football and other sports.

Scottish Golf today revealed that no date has been set for the sport in this country to restart and stressed that lockdown restrictions will remain in place for the foreseeable future.

The Pennsylvania Technical Assistance Program (PennTAP) at Penn State is looking for undergraduate entrepreneurs from any Penn State campus to compete in the 2020 Inc.U Competition. Six finalist teams will earn a spot on “The Investment,” a production of WPSU-TV, giving them a chance to pitch their company for a share of $30,000 in funding. The 2020 Inc.U Competition submission deadline is Feb. 7.

In the aftermath of this spring's teacher protests, more educators are running for state office—and the National Education Association is seizing on the political moment.

In a recent high-profile case, Harvard College rescinded its offer to a school-shooting survivor after racist comments he’d written online surfaced. But how common is it for colleges to take back offers? And do students have any recourse?

Although many children are treated in general emergency departments, many such facilities have limited pediatric capabilities. Transfer to academic centers improves outcomes for critically ill patients, but transfers of noncritically ill children have not been well studied.

Although more than half of these patients are seriously ill, many transferred patients are discharged directly from the emergency department or are admitted for less than 24 hours. Orthopedic problems, gastrointestinal conditions, and traumatic head injury are the most common complaints. (Read the full article)

Studies have shown that setbacks, such as receiving low school grades, lead children to experience negative self-feelings (eg, shame, insecurity, powerlessness). Psychological theory predicts that unconditional regard can buffer this adverse impact of setbacks. However, causal evidence is lacking.

This randomized field experiment shows that briefly reflecting on experiences of unconditional regard buffers children’s negative self-feelings after an academic setback 3 weeks later. Unconditional regard may thus be an important psychological lever to reduce negative self-feelings in youth. (Read the full article)

The National Sustainable Structures Center of Pennsylvania College of Technology, the mid-Atlantic administrator of the Building Operator Certification, will offer two BOC Level I courses at a 75% discount made possible by a grant from the Pennsylvania Department of Environmental Protection.

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Some said it would devastate working relationships between teachers. It hasn't. Others hoped it would dramatically raise student performance. Not so far.

Catch up or get ahead on credits by taking online courses at Penn State Abington this summer. Three sessions are offered and class sizes are small.

CNA Staff, Apr 21, 2020 / 11:00 am (CNA).- The Archbishop of Halifax-Yarmouth in Canada has offered prayers for the victims of a weekend shooting rampage in a small town in Nova Scotia, including a member of the country’s Royal Canadian Mounted Police. 

In a letter addressed to the commissioner of the Royal Canadian Mounted Police (RCMP) dated April 20, Archbishop Anthony Mancini of Halifax-Yarmouth expressed condolences for the death of Constable Heidi Stevenson, a 23-year veteran of the force. 

“I wish to express on my behalf, as Archbishop of Halifax-Yarmouth, and in the name of Catholic faithful, our sincere condolences on the loss of life of Constable Heidi Stevenson,” said Mancini. 

“Her death in the line of duty indicates the highest sacrifice that one can make on behalf of the citizens she served,” he added. The archbishop said that he would be praying for her family, and for the officers of the RCMP who are mourning her life. 

In a video message posted on Tuesday, April 21, Mancini offered condolences, prayers, and assurances to the people of his archdiocese after, according to police, denture-fitter Gabriel Wortman went on a 14-hour shooting attack which spread across Saturday and Sunday.

“These last few days have been a shock, as we have all been affected by the useless and premature death of so many of our fellow citizens,” he said. “Try as we will to understand this tragedy, it remains incomprehensible. We are experiencing a great sense of loss, frustration, and even anger,” he added. 

As of Monday morning, 18 people have been confirmed to have been killed by the shooter, making it the deadliest mass shooting in Canadian history, stunning a province which typically sees fewer than 15 homicides total per year. 

Authorities have not yet determined a motive for why the 51-year-old denture fitter committed the attack. The suspect is now deceased, although it has not yet been determined how he died. 

Mancini acknowledged that the existing circumstances related to the ongoing COVID-19 pandemic has made the grieving process more complicated.

“This loss of life comes upon us at a time when we are already weighed down by the threat of the coronavirus. In this time of mourning, we ought to be able to come together to experience the comfort of community care and its support. Yet here we are, in isolation in order to stay safe, making the present circumstances even more tragic,” he said. 

The archbishop encouraged people to use “technological means” to offer support to each other throughout the grieving process, and reminded Nova Scotians that “love is greater than tragedy and death.”

“I wish to extend to all the families and friends of those who have died our prayers and our expression of solidarity,” he said. “In this time, when we celebrate the resurrection, it is good to recall that death is not the last word.”

Mancini also suggested that his flock pray for “the growing number of COVID-19 victims” and “for those on the front lines doing all they can to protect us--the doctors, the nurses, and of course, the police.”

Meaghan Paige, a women’s fashion brand started by a Penn State Brandywine alumna, is supporting the local community by offering free, handmade cloth face masks during the novel coronavirus pandemic.

Penn State Brandywine is offering a complimentary virtual seminar on Practical Social Media Tactics for the Busy Entrepreneur from 11:30 a.m. to 1:30 p.m. May 18, through Zoom video conferencing.

The coronavirus is surfacing deep inside the White House

On Friday, USA Swimming CEO Chuck Wielgus offered a formal apology for not doing more to prevent sexual abuse by coaches.

Governor Jack Markell joined Delaware State Housing Authority (DSHA) Director Anas Ben Addi and other federal, state and local officials to celebrate Delaware Homeownership Month and to announce a new program that will allow first-time homebuyers to claim a credit on their federal income taxes.

Throughout the pandemic Penn State has been active in offering support and advice to all of its students, including those who normally reside off campus.

With Penn State Scranton students now into their sixth week of stay-at-home restrictions due to the COVID-19 pandemic, Campus Counselor Katherine Stefanelli offers some tips on how to deal with the stress, anxiety and loneliness that some may be feeling.

A new concession means there's a more flexible way of transferring a residence from your company, trust and CC.

On Sunday, Nov. 19, The Old State House will host an engaging historical dramatic production, John Dickinson and Thomas Jefferson Debate Independence: “We have called by different names brethren of the same principle,” presented by the American Historical Theatre of Philadelphia.

Partner site of the First State National Historical Park to host summer 2018 events

Former Chhattisgarh Chief Minister Ajit Jogi has been admitted to a hospital in Raipurafter he suffered a cardiac arrest at his home this afternoon. His condition is said to be "serious" and is on...

The Delaware Forestry Association will present its annual "Tree Farmer of the Year" award at its annual meeting at the Felton Fire Hall located at 9 E. Main Street, Felton, DE 19943 on Thursday, March 12, 2015. Tickets are $27 for adults, $12.50 for children ages 6 to 12, and free for those under age 6. Reservations are kindly requested by March 2, and more information is available by contacting Steve Ditmer at (410) 896-9283. The Delaware Forestry Association is now accepting applications through April 1, 2015 for its annual $1,000 forestry scholarship award. The scholarship will be awarded to a full-time student who must choose forestry as their studies major and be accepted or enrolled in a two-year or four-year accredited school program.

The Delaware Forest Service (DFS) is offering up to $4,500 in grants to help fire companies in the First State improve their readiness and ability to fight wildfires. The deadline is May 1 and the form is available on-line. Funded by the U.S. Forest Service, the Volunteer Fire Assistance (VFA) program has provided more than 120 grants worth almost $300,000 to Delaware volunteer fire companies over the past 10 years. All grants require a 50-50 cost-share match and priority will be given to applicants that have not received funding in the past three years.

Celebrating its 35th anniversary, the Delaware Forestry Association (DFA) will present its 2017 “Tree Farmer of the Year” award on Thursday, March 23 at its annual banquet and meeting at the Bridgeville Fire Hall, 311 Market Street, Bridgeville, Delaware 19933, (302) 337-7272. Tickets are $27 for adults and free for children under 12. Reservations are kindly requested by March 17. Forms are available at delawareforest.com

DOVER, Del. – The Delaware Department of Agriculture is offering two one-day courses in March to help farmers growing fruits and vegetables comply with the Food Safety Modernization Act (FSMA) Produce Safety Rule. “About 1 in 6 Americans gets sick each year from foodborne illness,” said Secretary of Agriculture Michael T. Scuse. “The Food Safety […]

The Delaware Forest Service has published a new fifth edition of its popular "Big Trees of Delaware," a comprehensive list of the largest trees covering nearly 80 native and non-native species in the First State. Featuring full-color photos and high-quality illustrations of tree leaves, the book is available as a print edition at state forest offices, as well as an online PDF version to be downloaded or viewed on a web browser.  There is no cost for the book.

The Delaware Forest Service is looking for motivated recruits to enroll in wildfire training classes starting in February at the Delaware Department of Agriculture, 2320 S. DuPont Highway, Camden, DE. There is no cost for training and no previous experience needed. Candidates must be over 18 years of age, willing to learn, physically fit, and able to travel for at least two weeks at a time, usually in the summer months. Attendance at all classes is required for prospective wildland firefighters to achieve “red card” certification from the National Wildfire Coordinating Group (NWCG). Students can register by filling out the online registration form by January 31, 2020. Complete details are at http://de.gov/wildfire.

NEW CASTLE (January 10, 2019) – More than 500 people are expected to attend the 2019 LIFE Conference, the largest annual cross-disability conference in support of people with disabilities and their families, on Thursday, January 31, at Dover Downs Hotel and Conference Center. The conference brings together people with disabilities, their families and professionals for […]

More than 500 people are expected to attend the 2020 LIFE Conference, the largest annual cross-disability conference in Delaware in support of people with disabilities and their families, on Wednesday, Jan. 29, at Dover Downs Hotel and Conference Center. The conference brings together people with disabilities, their families, advocates, providers, educators, legislators and government officials […]

Talking to FE, principal secretary, excise and sugar industry and cane development, Sanjay R Bhoosreddy said this arrangement has been made in face of the lockdown.

elaware residents may pre-order environmentally beneficial compost bins and rain barrels at discount prices during an online sale in May. Made available by DNREC’s Division of Waste & Hazardous Substances, in conjunction with the Division of Watershed Stewardship, advance purchases must be made for both items at www.enviroworld.us/delaware

The Hyundai Creta and the Kia Seltos are pretty identical underneath sharing the same underpinning. But, each has their USPs and drawbacks. We take look at the interior and feature offerings to see which is better.

The $3 in Adrian's wallet may not have bought him a Lamborghini but a day following the incident, offers have been pouring in for Adrian to have a seat in and experience a ride in a Lamborghini.

Denmark has come up with a route which is only dedicated to the cycle riders. The government is keen on promoting cycling as a major mode of transportation. It will ensure that the level of pollution is bought down and also a livelier and healthier environment…

Denmark is known as such a country which plays a great emphasis on the welfare of its citizen. This time however there is a bump in the road when one of its policies seemed to backfire. The policy of the dependency of people on the government aid has…

Presently H1-B visas are frequently used by established companies and less by startups because the former, get the advantage in dealing with time and cost factors.US Immigration and the status of start upsThe present visa policies followed by U.S. make…

Recently, an expert committee had recommended for a decentralised development by having three capital cities for legislature, executive and judiciary and putting available resources for balanced regional growth.

Manufacturers have been told to commence production before July 31, 2020.

There is also no clarity on whether customers who have booked tickets through online travel operators will be eligible for the refunds.

Coronavirus India update today: SpiceJet will ensure that all safety protocols laid down by the government are strictly followed by the airline's crew members