News in Systemic Risk: Friday, May 5, 2023 (10:00 a.m. ET) May 5, 2023 Closing gaps to bend the trend: embedding the flow of finance in the transition (Frank Elderson; European Central Bank) China's local-debt crisis is about to get nasty (The Economist) Wall Street Is Getting More Worried About the Debt Ceiling (Alex Harris; Bloomberg) Pollution Reveals What Russian Statistics Obscure: Industrial Decline (Josh Zumbrun; Wall Street Journal) Related Stories Fed Official Michael Barr Provides an Inside Look at Crisis Response 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
