To assess the vulnerability of the U.S. financial system, it is important to monitor leverage and funding risks—both individually and in tandem. In this post, we provide an update of four analytical models aimed at capturing different aspects of banking system vulnerability with data through 2022:Q2, assessing how these vulnerabilities have changed since last year. The four models were introduced in a Liberty Street Economics post in 2018 and have been updated annually since then.
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In the CSBS 2022 National Survey of Community Banks, the economy and cybersecurity were ranked as top risks for community bankers.
Australia’s climate action again ranks in the bottom 10 of countries assessed in the Climate Change Performance Index (CCPI) 2023. The CCPI is an annual analysis of climate performance by countries covering 92% of global emissions, conducted by international think tank Germanwatch, NewClimate Institute and CAN International. Key Points: Australia’s overall ranking moved up four
The post Australia Remains in Bottom 10 on Global Climate List, Despite Improvements appeared first on The Australia Institute.
We’re getting even closer to the launch of Drupal 10 as we hit the one month countdown mark! With Drupal 10 expected to be released on 14 December, we’re gearing up to update in order to take advantage of all of the benefits such as Olivero theme, CK Editor 5, and new Claro backend.
Prepare now with Upgrade Status
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If you’re on Drupal 9, use Upgrade Status on your Drupal 9 site to get an estimate of the work needed. Install the Upgrade Status module, check your environment readiness and start by making that compatible. Then, proceed with the to-do list shown on the UI.
Proposed reforms to Commonwealth industrial relations laws would create more opportunities for collective bargaining to occur on a multi-employer basis, rather than being limited solely to individual workplaces or enterprises. Business groups have attacked this proposal as a dramatic change that would supposedly spark widespread work stoppages and industrial chaos.
The post Multi-Employer Bargaining Necessary for Fixing Wages Crisis appeared first on The Australia Institute.
Russia's illegal invasion of Ukraine caused a massive surge in gas and LNG prices that have enabled gas companies around the world, including Australia to make record-level profits.
The post Gas companies are profiting off of human misery – we need a windfall profits tax appeared first on The Australia Institute.
The Met says Just Stop Oil are a tiny minority causing ‘disproportionate’ disruption. Isn’t environmental Armageddon enough justification?
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I was invited onto the MMT Podcast with Patricia Pino and Christian Reilly (thanks!): “What Is A Bond Vigilante And How Do We Get Rid Of Them?” A discussion of some of the issues raised by the wackiness i
The Co-operative Housing Federation of Canada has just released a study comparing rents in co-op housing units to rents of similar private-sector market units in Victoria, Vancouver, Edmonton, Toronto and Ottawa for the period 2006–2021. I played a small role in writing the report. A ‘top 10’ overview of the report can be found here: https://nickfalvo.ca/the-co-op-difference-comparing-co-op-and-market-rents-in-five-canadian-cities/ A French version of [...]
Here is Ross Gittin’s talk to ACT Economic Society Annual Dinner, Canberra, given on Thursday 3, 2022 I’m very pleased to be invited to talk to you tonight, the biggest and best of the Economic Society’s branches. I should warn … Continue reading
I set up a family server on Mastodon today. It wasn’t too hard; Digital Ocean has a one-click Mastodon install. I tried messing around with Docker Compose but it wasn’t happening for me. If you’re using the network, please say hello!
Cartoon for The Washington Post
*When you’re a veteran Tumblr Blue Checkmark Pro – like I am – you never have to work for Tumblr popularity
*You just watch the old memes erupt out of the back catalog
I couldn’t suppress a smile when I saw this:
Intellectual curiosity can takes us in unexpected directions. This particular journey started with my learning that the word “Cajun” is a contraction of “Canadian”. Nine years after Culloden, 300 British troops under Lt Col John Winslow entered the town of Grand Pre in Acadia, Nova Scotia. They constructed a palisade fort which enclosed both the […]
The post Acadia appeared first on Craig Murray.
Big Midterm Victories That Give Me Hope For The Future
While it’s still too soon to know the full results of the midterms, there were some major victories on Tuesday night that spanned the entire country.
Numerous election denying candidates in key battleground states lost their races for both Secretary of State and Governor.
This One Thing May Stop Trump From Running For Re-Election
Far-right politicians are dragging America back to the 19th century.
Reproductive rights in Wisconsin are now governed by an abortion law passed in 1849 — and in Arizona, a judge recently reinstated a ban on abortion first adopted in 1864.
Well, if Republicans are so keen to wind back the clock, I suggest reviving a different 19th century provision of the Constitution : Section Three of the 14th Amendment.
I have not been this excited about federated social networks since we published ActivityPub. The shift has started. Get a Mastodon account as soon as you can. Set up servers for your companies, your clubs, your families, your friends. We’re doing this. Don’t be on the wrong side of history.
I am pleased to announce that Juraj Nemec (poker10) has accepted our invitation to become a provisional Drupal 7 core maintainer!
Juraj is based in Slovakia and has been working with Drupal for more than 12 years. He works at ActivIT as the Tech Lead and Senior Drupal developer. As a backend specialist, he most likes optimizing large-scale systems, performance tuning and digging into what can be improved to bring the best user experience.
He recently contributed to fixing Drupal 7's PostgreSQL tests, helped to improve PostgreSQL performance with several important backports, and is actively working on improving Drupal 7's compatibility with PHP 8.1 and 8.2. He is also helping to get the jQuery Update module ready for its first big update in several years.
Major red flags in Australian grants administration must be addressed to prevent pork barrelling, according to a submission by the Australia Institute to the parliamentary inquiry into Commonwealth grants administration. Key Findings: 11 different pork-barrelling red flags were highlighted, the most significant include: funds not allocated in line with grant objectives, lack of personal consequences for Ministers
The post Major Red Flags: Reforms Needed to Stop Politician Pork-Barrelling appeared first on The Australia Institute.
