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iPhone 12 and iPhone 12 Mini

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5G goes Pro. A14 Bionic rockets past every other smartphone chip. The Pro camera system takes low-light photography to the next level — with an even bigger jump on iPhone 12 Pro Max. And Ceramic Shield delivers four times better drop performance. Let’s see what this thing can do.

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Stress-testing banks during the Covid-19 pandemic

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When the Covid-19 pandemic struck, the official sector responded by implementing support measures and adopting expansionary monetary and fiscal policies. Prudential authorities provided regulatory relief
in various ways,2 with the aim of maintaining an adequate flow of credit to the real economy, while preserving financial stability.

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The pandemic is straining economic and social fault lines: the only remedy is international cooperation

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An infected passenger flies from Wuhan to Milan, a computer virus invades an internet connection, subprime defaults in the US Midwest trigger a global economic crisis. The super-spreaders of the goods of globalization—airport hubs, fiber-optic cables, global financial centers—are also the super-spreaders of the bads. This is the “butterfly defect” of globalization, the systemic risk

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Improving Sentiment Lifts Emerging East Asian Bonds

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Improving global investment sentiment and financial conditions provided a much-needed lift for local currency bond markets in emerging East Asia, despite risks from the coronavirus disease (COVID-19) pandemic, says the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor. “Governments in the region have been agile in dealing with the impact of the

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