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Former Gov. Snyder Will Not Be Harvard Fellow After Backlash

Former Michigan Gov. Rick Snyder says he won’t continue with a fellowship at Harvard University following backlash over his role in Flint’s water crisis.




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Former City Councilman Neeley Ousts Incumbent Flint Mayor

Voters have elected a new mayor in Flint, Michigan, where recovery from a lead-contaminated water crisis remains a major issue.




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Here’s a Coronavirus Quiz

Test your currency with current events.




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BIS global liquidity indicators at end-June 2019

US dollar credit to non-bank borrowers outside the United States grew by 4% year on year at end-June 2019, to reach $11.9 trillion. Foreign currency credit denominated in euros and Japanese yen continued to expand at a faster pace than that in US dollars, growing at annual rates of 9% and 8%, respectively. US dollar credit to emerging market and developing economies (EMDEs) grew at an annual rate of 2% (to reach $3.7 trillion), though growth varied substantially across regions.




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BIS global liquidity indicators at end-September 2019

US dollar credit to non-bank borrowers outside the United States grew by 5% year on year at end-September 2019, to reach $12.1 trillion. Euro-denominated credit outside the euro area continued to expand at a fast pace (9%). In contrast, the growth rate of yen-denominated credit outside Japan fell to 1%. Strong debt securities issuance drove expansions in US dollar and euro credit to emerging market and developing economies (EMDEs). US dollar credit to EMDEs grew at an annual rate of 3% (to reach $3.8 trillion); euro credit to EMDEs expanded by 9% (to reach €0.7 trillion).




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BIS global liquidity indicators at end-December 2019

US dollar credit to non-bank borrowers outside the United States grew by 6% in 2019, to reach $12.2 trillion at end-2019. The annual growth rate of euro-denominated credit outside the euro area slowed to 6%, while that of yen-denominated credit outside Japan turned negative (-1%). In 2019, euro-denominated credit overtook US dollar-denominated credit as the largest stock of foreign currency credit to emerging Europe. The debt securities share in US dollar credit outside the United States has risen considerably over the past decade across a number of major borrowing regions.




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Global liquidity indicators

The term global liquidity is used by the BIS to mean the ease of financing in global financial markets. Credit is among the key indicators of global liquidity, and is the focus of the quarterly indicators estimated by the BIS.




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Equities: Will Early Trends in Select Sectors Last?

Information technology, health care, and consumer discretionary stocks that outperformed in the last decade have done well in the first four months of 2020.




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US Policy Responses to Labor Market Distress

A look at support and regenerative policy initiatives by the Federal Reserve and the Government as more than 20 million jobs were lost in April 2020.




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The Moral Meaning of the Plague

The virus is a test. We have the freedom to respond.




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Mental Health in the Age of the Coronavirus

The struggle between fear and comfort.




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Why the Trump Ploy Stopped Working

As the nation unifies, divisiveness falls flat.




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Dimitar Radev: The Bulgarian banking sector under Covid-19

Publication by Mr Dimitar Radev, Governor of the Bulgarian National Bank, in the Quarterly Bulletin of the Association of Banks in Bulgaria, issue 61, March 2020.




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Stephen S Poloz: Release of the Monetary Policy Report

Opening statement by Mr Stephen S Poloz, Governor of the Bank of Canada, at the press conference following the release of the Monetary Policy Report, Ottawa, Ontario, 15 April 2020.




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John C Williams: A time for bold action

Remarks (delivered via videoconference) by Mr John C Williams, President and Chief Executive Officer of the Federal Reserve Bank of New York, at the Economic Club of New York, New York City, 16 April 2020.




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Thomas Jordan: Introductory remarks, Swiss National Bank news conference

Introductory remarks by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Media News Conference of the Swiss National Bank, Berne, 25 March 2020.




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Olli Rehn: A globally symmetric crisis calls for a globally coordinated and forceful policy response

Remarks by Mr Olli Rehn, Governor of the Bank of Finland, at the Reinventing Bretton Woods Committee Panel Discussion on "The world economy transformed: Reflections on policy responses and the future post pandemic monetary architecture", in the context of the virtual IMF Spring Meetings, Washington DC, 17 April 2020.




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I tried to balance working from home and caring for my kids. I finally called it quits

Robbyn Plumb tried to balance a career in the public service with looking after two kids, one with special needs. When the pandemic hit she finally hit a wall and decided to stop working. She writes about how hard it is for parents trying to do it all during COVID-19.



  • News/Canada/Ottawa

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City sending in 'park ambassadors' to inform, not to ticket

"Park ambassadors" will soon be on patrol at some of Ottawa's busiest public green spaces to help confused residents navigate the newly loosened COVID-19 restrictions, Mayor Jim Watson announced Friday.



  • News/Canada/Ottawa

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Does your killer kitty roam free? Maybe it's time for a 'catio'

Safe Wings Ottawa is urging cat owners to help protect the city's bird population by keeping their felines fenced in.



  • News/Canada/Ottawa

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Denied COVID-19 request wasn't about 'going rogue,' says Kingston mayor

Mayor Bryan Paterson is urging the province to take second look at a request to give regions like his more autonomy in how they handle the presence — or absence — of COVID-19 in their communities.



  • News/Canada/Ottawa

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The urban boundary debate is vitally important, so should it happen online?

The upcoming debate about whether to expand the urban boundary is one of the city's big issues this term. But instead of delaying it, the city's testing out a never-before-attempted democratic process. Should they?



  • News/Canada/Ottawa

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Ice dancers Gilles, Poirier headline Canadian world championship team

Ice dancers Piper Gilles and Paul Poirier headline the Canadian team that will compete at this year's world figure skating championships, but Skate Canada is waiting until next month to make a final decision on several of their teammates.



  • Sports/Olympics/Winter Sports/Figure Skating

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A spot at world championships on line for Canadian skaters at Four Continents

For Canadian champion Roman Sadovsky and former Canadian champions Nam Nguyen and Keegan Messing, the Four Continents results will determine who takes the one spot available in the men's event at the worlds.



  • Sports/Olympics/Winter Sports/Figure Skating

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Moore-Towers, Marinaro take pairs bronze at ISU Four Continents

Canadians Kirsten Moore-Towers and Michael Marinaro won the bronze medal in pairs on Saturday at the ISU Four Continents figure skating competition in Seoul, South Korea.



  • Sports/Olympics/Winter Sports/Figure Skating

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Canada's Phan close to podium at world junior figure skating championships

Canada's Joseph Phan was eighth after a highly competitive men's short program Wednesday at the world junior figure skating championships.



  • Sports/Olympics/Winter Sports/Figure Skating

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World figure skating championships in Montreal face cancellation over virus concerns

Quebec Health Minister Danielle McCann says the government is evaluating whether to allow the world figure skating championships to go ahead next week in Montreal.



  • Sports/Olympics/Winter Sports/Figure Skating

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World figure skating championships cancelled in Montreal

The world figure skating championships, scheduled for March 18-22 in Montreal, have been cancelled because of the spread of COVID-19.



  • Sports/Olympics/Winter Sports/Figure Skating

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Figure skating star Yuzuru Hanyu shares his emotional journey to becoming world's best

Japan’s Yuzuru Hanyu believes he was born to figure skate, but that doesn’t mean he’s immune to pressure and expectations.




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The tragedy that cancelled the 1961 world figure skating championship

With this year's worlds cancelled because of the COVID-19 pandemic, Rob Pizzo looks at the last time the event didn't happen.




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Kurt Browning, figure skaters worldwide unite digitally to help healthcare workers

Despite having no ice on which to perform, more than 40 figure skaters from nine countries will take part in a fundraiser Friday to help health care workers on the front lines battling the new coronavirus.



  • Sports/Olympics/Winter Sports/Figure Skating

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Elvis Stojko shows off his new quad for coronavirus relief fundraiser

The Canadian three-time world champion figure skater displayed his four-wheeler driving skills as part of the Americares Blades for the Brave fundraiser for front-line workers.




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Kurt Browning goes inline skating for front-line workers

The Canadian four-time world champion figure skater took part in the Americares Blades for the Brave fundraiser for front-line workers battling the COVID-19 pandemic.




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Kurt Browning clowns around to raise spirits and funds for COVID-19 relief

The Canadian four-time world champion figure skater hammed it up along with fellow Canadian skater Kaitlyn Weaver, to raise funds for the United Nation's COVID-19 Solidarity Response Fund.




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Figure skater and composer Eric Radford plays the piano for COVID-19 fundraiser

The World pairs champion and Olympic gold medallist played the piano during a special hosted by fellow Canadian figure skater Kaitlyn Weaver, to raise funds for the United Nation's COVID-19 Solidarity Response Fund.




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Retired Canadian Olympian Joannie Rochette to work at Quebec long-term care homes

Former Canadian figure skater and Olympic medallist Joannie Rochette will be working at Quebec's long-term care homes hit hard by COVID-19.



  • Sports/Olympics/Winter Sports/Figure Skating

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In Memoriam Krzysztof Penderecki (1933-2020)

On March 29, the musical world lost a giant - Polish composer and conductor Krzysztof Penderecki. The Library of Congress Music Division remains connected to Penderecki through primary sources in our collections, and we hope that you can remain connected to him in this way, as well.




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A New Kind of Productive: Working Remotely on the Performing Arts Special Collections of the Library of Congress

Vincent Novara, Head of the Music Division's Acquisitions & Processing Section, describes his section's new teleworking practices during a global pandemic.




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The Unpopular Opinions of Glenn Gould or “How Mozart Became a Bad Composer”

The following is a guest post from Music Reference Specialist James Wintle. Let me begin with a personal anecdote. My parents are or were both musicians – my father was a composer – and so my appreciation for classical music was probably equal parts nature and nurture. So, when I entered graduate school as a […]




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An Illustrated Letter for Mother’s Day

While traveling in Israel in 1948, Leonard Bernstein wrote a letter to his mother with beautiful illustrations by artist Jossi Stern. In anticipation of Mother's Day weekend, "In the Muse" highlights that digitized letter from the Leonard Bernstein Collection and encourages readers to send illustrated letters of their own.




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Toronto photographer's iconic shot of Kawhi Leonard's buzzer-beater wins top sports pic

For all the sporting moments Mark Blinch has captured through his lens for nearly two decades, there is only one he has taken the trouble to hang in his home.




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The Michael Jordan Bulls documentary is a great escape

There are better sports documentaries than The Last Dance, but the entertaining series on the Michael Jordan-led Bulls dynasty might be a better fit for this particular time.



  • Sports/Basketball/NBA

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Raptors' Fred VanVleet says public health more important than a big payday

Toronto Raptors guard Fred VanVleet was enjoying the best season of his career, and was set to strike it rich with a lucrative new deal this summer before the coronavirus brought the NBA and global sports to its knees in mid-March.



  • Sports/Basketball/NBA

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Canadian guard Andrew Nembhard declares for NBA draft again

Florida point guard Andrew Nembhard, who ranked second in the Southeastern Conference in assists last season, has declared for the NBA draft for the second consecutive year.



  • Sports/Basketball/NBA

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Raptors' Davis would be 'devastated' if team misses opportunity for playoff run

If the NBA can't salvage the remainder of the season, Terence Davis said he won't be sad for the illustrious complete rookie year that could have been. But he would rue a missed post-season run.



  • Sports/Basketball/NBA

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International restrictions pose a challenge for resuming pro sports

As the NHL, NBA and MLB consider resuming play, the issue of international travel poses another hurdle for Canadian-based teams.




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NBA reportedly eyeing Disney World as possible site for return to play

The NBA is looking at the Walt Disney World Resort near Orlando, Fla., as a possible playing site should the 2019-20 season resume, and has even gotten the OK from Disney to use the site, Stadium's Shams Charania reported Wednesday.



  • Sports/Basketball/NBA

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'We will put in the work': Canadian Marc Eversley announced as Chicago Bulls GM

The Chicago Bulls announced Marc Eversley as their new general manager on Friday, making him the first Canadian GM in NBA history.



  • Sports/Basketball/NBA

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Player agents, executives call for NBA to cancel season: report

National Basketball Association executives and player agents are calling on the league to cancel the remainder of the 2019-20 season due to health concerns over the novel coronavirus outbreak, CNBC reported on Thursday.



  • Sports/Basketball/NBA

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Toronto mayor says talks underway with Blue Jays, Raptors on return to play

Toronto Mayor John Tory said Tuesday that there have been preliminary talks with Major League Baseball's Blue Jays and the NBA's Raptors about a return to action as restrictions from the COVID-19 pandemic begin to ease.