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Bank of Canada Governor Macklem: The growth of non-bank lending institutions has made it more difficult to address imbalances.

2026-06-23

Bank of Canada Governor Macklem: The growth of non-bank lending institutions has made it more difficult to address imbalances.

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2026-06-23

Bank of England board member Taylor: The UK has not yet seen a clear second wave of effects.

Bank of England board member Taylor: The UK has not yet seen a clear second wave of effects.
2026-06-23

The Ministry of Emergency Management said at a flood-season safety briefing on June 23 that extreme weather breaking past patterns has increased. The rain band has shifted westward and expanded northward; compared with the 1990s, humid and semi‑humid

The Ministry of Emergency Management said at a flood-season safety briefing on June 23 that extreme weather breaking past patterns has increased. The rain band has shifted westward and expanded northward; compared with the 1990s, humid and semi‑humid zones have grown by over 300,000 sq km in the past five years. In northern China the five‑year average number of heavy‑rain events is roughly 50% higher than in the 1990s, and the composite intensity of those events is about 50% above the long‑term seasonal average. Northern flood control has shifted from infrequent major tests to a regular, high‑stress challenge. Over the next five years wetter conditions in northern China are expected to continue, with above‑normal precipitation likely across much of Northeast China and North China and elevated disaster risk from heavy rain and severe convective storms.
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