News in Systemic Risk: Wednesday, July 7, 2021 (10 a.m. ET) July 7, 2021 FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: July 2021 (Randal Quarles; Financial Stability Board) Urgent Action Needed to Address a Worsening ‘Two-Track’ Recovery (Kristalina Georgieva; International Monetary Fund) The post-pandemic outlook in the banking union (Andrea Enria; European Central Bank) Inflation, COVID-19 and debt top central bank worries -UBS survey (Tom Arnold; Reuters) South African Reserve Bank: the first 100 years (Rachael King, Daniel Hinge; Central Banking)