News in Systemic Risk: Wednesday, April 21, 2021 (10 a.m. ET) April 21, 2021 International Capital Markets During the COVID-19 Crisis (Laura Álvarez, Alberto Fuertes, Luis Molina, Emilio Muñoz de la Peña; Bank of Spain) Risk-Taking and Monetary Policy Transmission: Evidence from Loans to SMEs and Large Firms (Cecilia R. Caglio, R. Matthew Darst, Ṣebnem Kalemli-Özcan; National Bureau of Economic Research) Governors Nabiullina, Tabaković and Bezhoska on systemic risk and women in power (Joasia E. Popowicz; Central Banking) ECB watchers say divisions on council could hamper decision-making (Victor Mendez-Barreira; Central Banking) German Court Clears Road for EU Recovery Fund Ratification (Karin Matussek, Carolynn Look; Bloomberg) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million