News in Systemic Risk: Friday, November 20, 2020 (10 a.m. ET) November 20, 2020 Time is Ripe for Innovation in the World of Sovereign Debt Restructuring (Peter Breuer, Charles Cohen; International Monetary Fund) Banks report a significant use of COVID-19 moratoria and public guarantees (European Banking Authority) RBI intervenes as another bank comes close to collapse (Central Banking) Mnuchin-Powell Split Shows Rare Discord as Economy Struggles (Chris Anstey, Saleha Mohsin; Bloomberg) Turkey Lifts Rates After Erdogan’s Endorsement of Austerity (David Gauthier-Villars, Anna Hirtenstein; Wall Street Journal) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook FORTUNE: How Nvidia CEO Jensen Huang’s success discredits ‘stick to your knitting’ leadership advice A Day in the Life: Luisa Locatelli ’25