BOOK PICK: This is a story about the power of hope and finding beauty amid calamities.

Source: https://www.ncregister.com/blog/lent-and-the-battle-of-prayer

It represents a 20 per cent increase on the previous year, with an unprecedented number fleeing in search of safety and shelter due to conflicts and climate calamities.

Source: https://www.independent.co.uk/climate-change/news/internally-displaced-people-ukraine-war-climate-b2336915.html

Note that the chart above assumes no new pandemics or other calamities that would disrupt the economy and damage federal finances.

Source: https://www.dailysignal.com/2023/03/27/6-charts-show-why-washington-must-cut-spending-asap/?utm_source=rss&utm_medium=rss&utm_campaign=6-charts-show-why-washington-must-cut-spending-asap

The resulting plan and outcome scenarios can then be cross-referenced with actuarial probabilities of health or other calamities in order to help the client get a feel for the relative likelihoods of various scenarios.

Source: https://www.etftrends.com/etf-strategist-channel/how-confident-are-you-in-recommending-a-sustainable-withdrawal-rate/

This framework, the central bank said, will also rationalise the existing prudential norms to implement resolution plans in respect of exposures affected by natural calamities.

Source: https://indianexpress.com/article/business/banking-and-finance/reserve-bank-default-loss-guarantee-arrangements-digital-lending-8652031/