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China Economic system &#38

China Economic system &#38

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MathWorks Enhances Rapid Control Prototyping and Hardware-in-the-Loop Testing Capabilities with QNX Neutrino Realtime Operating System (RTOS)

MathWorks Enhances Rapid Control Prototyping and Hardware-in-the-Loop Testing Capabilities with QNX Neutrino Realtime Operating System (RTOS)

MathWorks today announced key updates to Simulink Real-Time that enhance rapid control prototyping and hardware-in-the-loop (HIL) testing with Model-Based Design. In Release 2020b, Simulink Real-Time has been enabled with the QNX Neutrino RTOS, a multi-process 64-bit POSIX-compliant real-time operating system from BlackBerry. The QNX RTOS is widely used in life and safety-critical systems for vehicles, medical devices, industrial controls, rail, robotics and aerospace & defense.

The update builds on the existing Simulink Real-Time and Speedgoat integration, enabling engineers to extend their Simulink models with I/O driver blocks, automatically build real-time applications, create instrumentation, and perform interactive or automated runs on a target computer. Engineers can replace a physical system such as a vehicle, aircraft, or robot with a real-time simulation of a virtual system to reduce the cost of testing. The QNX Neutrino RTOS enables new workflows, making real-time computing problems easier to solve, particularly when multiple tasks compete for a system’s resources.

“MathWorks is renowned for supporting engineers and scientists, who are increasingly seeking novel techniques to improve their designs through simulation and testing,” said Grant Courville, VP, products and strategy, BlackBerry QNX. “QNX is the RTOS of choice for mission-critical embedded systems, and countless engineers across a wide range of industries rely on MathWorks’ Simulink Real-Time for simulation and Model-Based Design. This integration will allow teams to work in their preferred environment and reap the benefits that the QNX Neutrino RTOS has to offer from design to deployment.”

“Engineers working on complex embedded systems are constantly looking for ways to improve real-time simulation and testing with Model-Based Design,” said Jay Abraham, manager – verification products, MathWorks. “With the enablement of the QNX Neutrino RTOS, they can now work with Simulink Real-Time to address design challenges that require streamlined solutions for rapid control prototyping and HIL testing.”

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Financial system stable ‘for now,’ but vulnerabilities rising: IMF

Financial system stable ‘for now,’ but vulnerabilities rising: IMF

By Pete Schroeder

a cake made to look like a clock: FILE PHOTO: The IMF logo is seen outside the headquarters building in Washington

FILE PHOTO: The IMF logo is seen outside the headquarters building in Washington

WASHINGTON (Reuters) – Policymakers’ unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities worldwide, the International Monetary Fund warned on Tuesday.


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The world’s largest multilateral lender said that some banking systems could experience capital shortfalls should the economic downturn in those regions continue, and growing debt burdens in both the private and public sectors could pose future challenges to financial markets.

Given ongoing uncertainty over how quickly the COVID-19 pandemic can be brought under control, the IMF warned that policymakers need to be prepared to continue to provide broad support, and gradually withdraw it only once the pandemic is fully under control.

“As economies reopen, accommodative policies will be essential to ensure that the recovery takes hold and becomes sustainable,” the group wrote in its Global Financial Stability Report ahead of its virtual summit with the World Bank in place of its usual fall in-person gathering.

Video: More corporate job cuts are likely without new stimulus measures (CNBC)

More corporate job cuts are likely without new stimulus measures



“Many countries have entered the crisis with elevated preexisting vulnerabilities in some sectors – asset management, nonfinancial firms, and sovereigns – and vulnerabilities are rising,” it added.

While the overall financial system is well-capitalized, for example, there is a “weak tail” of banks, particularly in emerging markets, that could struggle. The growing role of nonbanks in the financial system poses another risk, as these companies do not face the same strict capital and liquidity requirements as banks, the IMF said.

For example, it warned that asset managers could be forced

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Coronavirus Pandemic Could Pose ‘Major Resilience Test’ for Global Financial System, IMF Says

Coronavirus Pandemic Could Pose ‘Major Resilience Test’ for Global Financial System, IMF Says

WASHINGTON—Huge government spending and other steps to boost coronavirus-stricken economies have limited immediate risks to global financial stability while fueling a debt buildup that could spell trouble later, the International Monetary Fund said Tuesday.

“The COVID-19 pandemic could be a major resilience test for the global financial system,” the IMF economists wrote in the Global Financial Stability Report. “Triggers such as new virus outbreaks, policy missteps, or other shocks could interact with pre existing vulnerabilities and tip the economy into a more adverse scenario.”

Companies that borrowed heavily at low interest rates to cope with the crisis may have trouble paying their debts, the report said, increasing the risk of bankruptcies. The danger is particularly acute among smaller companies that don’t have easy access to capital markets, it said.

Under such a scenario, bankruptcies could prompt an increase in borrowing and a tightening of bank lending standards, creating headwinds to a recovery, the IMF said.

The impact could be especially severe in Europe, where small and medium-size firms account for more than half of total output and two-thirds of employments, the report said.

Thanks to the regulatory overhaul that followed the 2008 financial crisis, banks entered the downturn with strong capital and liquidity buffers, IMF economists said. Even so, they warned, the banking system in some nations may suffer “significant capital shortfalls” due to increases in defaults among businesses and households.

The IMF also addressed risks among so-called nonbank financial institutions, like asset managers and insurance companies, which have assumed an increasingly important role in credit markets.

“They have managed to cope with the pandemic-induced market turmoil thanks to policy support, but fragilities, such as liquidity mismatches and exposure to credit risks, remain high,” Tobias Adrian, director of the IMF’s Monetary and Capital Markets Department, wrote in a blog post.

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New 3-tier COVID-19 system announced for England to combat rise in cases

New 3-tier COVID-19 system announced for England to combat rise in cases

Infection rates are highest in the north of England.

Different areas in the country will now be evaluated as on “medium,” “high” or “very high” alert levels, with restrictions imposed depending on the severity of the outbreak. “Medium” areas will face the current national rules in place, which include a ban on social gatherings over six people and a 10 p.m. curfew for bars and pubs, while “very high” alert (tier three) areas will face bars, pubs and gyms being shuttered and bans on household mixing. However, retail stores, schools and universities will remain open.

“We must act to save lives, and the evidence shows that in changing our behavior, in restricting transmission between us, our actions are saving lives,” Johnson said in the House of Commons on Monday. “But we need to go further.”

In recent months, the government has targeted COVID hotspots with local restrictions, but this new system is designed to “simplify and standardize” the rules, Johnson said. The measures will come into force on Wednesday and will be the subject of regular review, he said.

The harshest measures in the U.K. have been imposed in the Liverpool City Region, which is now in the “very high” alert level, meaning bars, pubs and gyms have been ordered to shutter. COVID-19 cases are rising at the highest rates in northern England, according to Public Health England data.

Many northern areas already under restrictions will be placed into the “high” level. Comparatively, the rate of infection

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