this for state banks?constantly moving in the direction of the fact that the rules should be the same for everyone. from this point of view, it seems wrong to me, and in this regard i would certainly now expect some moves from ukrposhta, which does not lose its desire to open a bank, or become a bank, or buy banks. literally on the eve of the invasion, it was very reasonable, but now it is no longer relevant due to other issues. well, they are not - they are forced to be at ukrposhta in every populated place by law. and now it seems to me a good time for them to sting the national bank somewhere for the fact that it slightly prevents them from becoming a bank yes, really a stellar moment but wouldn't it somehow be possible to arrange some kind of subsidies for such settlements , or is it still a matter of local self-government? perhaps local budgets could be spent on creating conditions i do not know how to provide banks with free premises . if the local government wants to see a bank in its territory, it

banks?chematic example of a commercial bank wants from national banks a loan of one million rubles. to give people loans, the national bank says, i will give you a million, but you will give it back to me in a year and for this year of using millions you will pay 11.5% from above, the bank agrees to take a million and distributes it to people, but already at 13% a year a year later it receives its million plus 13% from people. that is, 130,000 million returns to the national bank 11.5% for the use of a million, that is, 115,000, and one and a half percent. that is, another 115,000 is the bank’s earnings, if money in the country depreciated by 11.5% over the year, then the national bank conditionally went to zero, if it made less profit, if it lost more, because the national bank is very attentive to such calculations and does not set the refinancing rate, which will lead the country to losses. why the country because the national bank is a state financial management body, it does not have th

thousands of people have been blocked in bank mellat banking. there is no solution . you can't pay alone. can you pay with the quality of people's services? we have lost your legal responsibility. first , the accounting statistics are available. i wanted to please tell us that we are still blocking the darkness of the people with the highest quality and speed in providing public administration services, the weaker nature of the facilities for providing services and the quality of services, and we announce that any bank that fails to provide services to medical sciences in any province in the city. we are in service, that is, now mr. dr. kala 130, you have not sent any correspondence to us regarding this issue that in this law implementation, we faced a challenge that was not taken into account in the law, but our expectation is that as you will be given the law. we expect you to enforce the law you will have problems with the issue, but we have to do it with steps, but our expectation is that there are many corruptions in relation to this law, which really happened to

, not public banks or depository but green banks started with utility customer surcharges. i'm not advocating for that necessarily. there is also pension funds in san francisco, there is also investment fund where there is disagreement about that between the treasurer and tax collector and budget legislative analyst office, so lots of different opportunities, and also tax specifically dedicated to such a initiative, so there are options. alright. this was a great discussion. thank you all so much. thank you khalid and giacomo and we'll move on now. i think we will open up for public comment now. are there any members of the public who wish to speak on this item? >> vice chair felder, any members of the public who would like to comment on item 1? [difficulty hearing speaker] >> hello commissioners. eric brooks with california for energy choice and local grassroots organization our city sf. this is a great discussion but i want to touch on something commissioner fielder brought up at the very end, which is the most important thing that i have not heard in the discussion and t

what should the banks do on the way ? what should they announce to the recipient of the check, i.e. you? you will receive a message that pejmanfar has 100 million tomans in his account and has withdrawn one and one billion tomans . the second issue is the violations committed by the banks today and we hope that with the meeting that the head of the bank we will have a center to solve this issue. now, for example, you gave a check of 100 million tomans, but something happened in your account. for example, let's say that your account balance is 10 thousand tomans short, which can be taken from your account. there is a thousand tomans short, and the check will bounce. you should come here. the check that bounces, let's correct the balance, now the bank unfortunately says, bring the honor of million tomans, go back to this account , this is 99 million tomans, 100 million tomans , 10,000 tomans in this block, you will be released quickly, 100 million tomans will be freed without money, there are no new law cases. who still use

what about banking disputes?ortunately, a small 3%, but for microfinance organizations , on the contrary, we note an increase in applications and in what amount by 30%, by thirty percent by 30, so this suggests that there are different situations in different sectors of the market. but if we draw what is called the first c grade violations that cause particular consumer dissatisfaction, depending on the market sector. we take insurance, but this, of course, is not the fulfillment of the insurance obligation, or its fulfillment is not in full. that's all, as it were, obviously , the banks are more interesting there. that's what we're looking at in the first place is, well, 50% of the disputes and claims that consume consumer banks. this is consumer lending, and in consumer lending 70%. here are some of those appeals that go under this section. this is uh the insurance company says, that is, when the bank links the issuance of the loan. necessarily in risk insurance it is impossible, but this topic by the way, it i

he is saying the bank of japan mondayetary policy is appropriae dovish comments from the bank of japan governor we were 1% firmer and now only .20% firmer now in light of what you were saying in the next governor is expected to be more cautious, perhaps, than the markets are hoping for and yet, jane, if you look at some of the wage growth data that has come through, you here uniglobe pushing through the wage increases for employees. there are green shoots that inflation is coming up after a decade or two of stagnation in japan. >> that is exactly right you know, a lot of focus on the spring worries what will we get this is important for japan. if the analysts can look at cpi and say it is higher and above target they should roll back some of the easy policy. what the bank of japan is focused on is domestically generated inflation. that means wage increases. not the weak yen had brought through higher imported prices that does even mean inflation is going to be sustainable. they want domestically generated inflation. they want the wages to come through and people to spend more and that

bank. billion tomans from bank mellat and for your sake, we have several sub-accounts with private banks . it was done long ago according to the law. we had a specific and sub-question. right now bank mellat has blocked a foreigner . there is no solution. we have to first understand how many accounting statistics are available, i wanted you to tell us that we are still blocking in the dark so that people can act on it, that the highest quality and speed in providing public administration services is naturally weaker than paying the facilities to provide high quality services. any bank that offers services tell me a short story about medical sciences in every province in the city . our expectation is that as the law is given to you, we expect you to implement the law , we will have problems with the procedures, but our expectation is that there are many corrupt people in relation to this law, which really i am some of we happened in the whole country in this matter, i am really ashamed of some to point out these incidents, as you say, it is expedient for the system that this issue should

the central bank must have plans for it . therefore, download the programs that they have . the unofficial part. this part is part of the official market . it is speculation and the reality of the fireplace, which some people worry about. from the devaluation of the national currency and their presence in an emotional way in order to buy foreign currency to maintain the value of the currency, for this sector, removal programs will probably be foreign exchange tools in the coming days, and now a number of our colleagues in the central bank are trying to design one of the new tools to cover the risk. those who are worried about the devaluation of the currency, what do you think about the market maker of the central bank as a market maker in the informal jurisdiction of currency and how to enter kenya , how do they enter now? we still couldn't get to the limited section or should it be true that the children of the people feel that i have a real need, but you are the one that we have, it is not provided enough, well, the central bank that did not recognize this statement, if th

and the banking system is going to decline, and then banks will come under pressure. but this is indeed something what we're going to observe in the year or even decade long perspective. as of now, because russian bank managed the early crisis relative to, well, the trust of the population is stable and the financial infrastructure of russia continues to work. what did the russian government get correct when sanctions 1st hit, we saw capital controls going into play into place early. was that the right move? that was absolutely the right move. because the 1st thing russia had to do in the beginning was to quiet the markets to make sure that a bank ran doesn't happen, that that system function smoothly. so that was the immediate and very fast solution. another thing which ration so government may tried is that it didn't use sound protectionist measures, which at least some groups in russia, suggested there was no massive confiscation of property. you've not, that of the western companies. there were only very limited interventions in the market process. and primarily i

here is the merger of the opening bank with vtb bank. and when is it planned to complete the integration of the vtb opening business and how will this happen in practice? well, you know nothing drips on the house. we are not in a hurry, we will go from technology, we will go from the needs of the mood of customers. i think that uh hmm consolidation will take at least one and a half to two years this in this and horizon, but we plan to fully integrate the bank to transfer the business of clients to vtb bank and as a result of this, hand over the e-license. well, in general, work under one brand. with us , uh, this principle has always been with all e , acquiring them is the most effective way. how much do you estimate the costs of joining the opening. how much money will be needed, you know, but now they didn’t give exact numbers, they still call us and we are getting it. uh, hmm final reconciliation calculations, but i would like to say that in general we certainly expect that after the overlay that we now we will do it with us and there

there is demand in banks banks have not been given the request that there are more than one million and hundred thousand people who registered in the system, these are the necessary conditions for the people who are now waiting to go through the system for publishers, all the subsidies of 100,000 people have been granted. that there is a minimum condition for having a house, one million people paid the conditions for the so-called housing , that is, we said that it is registered, when it is confirmed that you can in the law of leapfrogging production of housing, the first part is given, the second part is given a car that must be given with the help of bring the next destination that is being built so far, unfortunately it did not happen how many people out of this one million and 100 thousand people took the roof, followers of the mission , the facility is provided to the ministry of roads and urban development, and the facility is used for wi-fi, which is used to start, and then get more than one million residential units, the subject of the housing production leap law. it has started

see the central bank long ago with the presence of mr. farzin, the honorable chairman, and the plans to have the most important program was the launch of the currency and gold exchange market, which, thank god , was launched on march 22. the powers that the central bank has in there is the issue of returning foreign exchange from exports, which i previously had some companies and some of these comedy suppliers, so that with more authority , i could not return this to the central bank according to current laws, and part of its value will be returned with delay between you and firozeh export. you saw that he was given a month's deadline to return the currency from exports for various reasons . for example, there was a company that you wanted to bring back later to get more resources from the currency that the central bank has the authority to have. hopefully , the details will be published tomorrow. will belong to give authority so that, god willing, we can have more supply and in the currency and gold exchange market and these currencies w

are spent, but in 1400, we went to the banks and were persistent that bank facilities, especially the facilities that are now available to which people, which natural and legal persons, and in what direction will these facilities take place. unfortunately, today, numbers and figures are entering the market and they are speculating in terms of dollars in the purchase of real estate. and various issues and root in in fact, it was impossible to identify the origin of these money, and the truth is that the central bank was unable to provide the big facilities that they should have provided, but in the budget law of 1401 kilos, we obliged the central bank. to follow up all the banks and to whom these bank facilities have been given, well, this is the reason why we have entered from the beginning of the year, and today i am at your service and i will tell you in line with this discussion that i may have in another meeting. i mentioned more than 2000 to later that thousand billion facilities that are related to we have almost identified this issue given by the banks, and today we are going t

by banks, whether government banks or banks. private facilities, however, they are getting the loan of the facilities, in what way are these facilities being spent? in 1400, we went to the banks with my mother and i was following up on the bank facilities, especially the big facilities , which people are provided, which individuals and legal entities, and these facilities in what direction it is true that today, unfortunately, a number and figure enters the market for months and they are speculating in terms of dollars in the purchase of housing and various issues , and in fact, we can identify the roots and the origin of these money. who managed to provide all the banks with the large facilities that they should have been able to provide, but in the budget law of 1401 kilos, we mandated that the central bank is obliged to follow up all the banks and let you know to whom these bank facilities have been given. well, this issue caused it to enter from the beginning of the year and today i am at your service to tell you that in line with this discussion that i mentioned in this other m

banks as well. that's a barclays impact their. banks down close to 1%. randy echo -- fran?ine: data showed u.s. consumer prices rising higher than expected. they were pretty much in line with expectations, a touch higher. the federal reserve bank of philadelphia president patrick parker. >> we are reaching a point where we have done enough. exactly where that is, we will have to let the data dictate that. it will be about 5% in the fed funds rate. how much above five will depend a lot on what we are seeing. francine: joining us now is raffaella tenconi, thanks so much for joining us. what did you learn from the u.s. inflation number? was of the commentary afterwards that is pushing markets to believe interest rates will stay higher for longer? raffaella: good morning. u.s. inflation is more or less behaving as expected. right now it is largely influenced by energy, which is driving the downturn of the last three months. the point where food inflation is beginning to turn, very important and will be a driver in the next two months. on the housing market, the factor you still

when one bank of an international banking group in ukraine and in russia and this bank in russia servescemen of the russian federation against which the whole civilized world has united and not to mention that ukraine has been heroically fighting against this locust for almost a year. therefore, this is the second such moment , and of course you remember such opportunities. it seems to me that even with your tv channel at the beginning even before the start of the war , we talked about a number of sanctions from the keys, a year at home, studying the world of some banks. i will not use the names of the large e-e business networks that are also represented in ukraine. but we all know who we are talking about, that today it is banks, tomorrow it is food chains, and slowly we will make it clear that russia is at least working there, and as a maximum it is toxic and unprofitable and unprofitable. andriyu , i would like to ask you to decipher something, in particular, it is about sectoral sanctions that will most likely be implemented in ukraine against the various plans of the russian finns

approximately the same question, are you ready, together with the savings bank, with other banks?st of all, the largest ones will unite to create some kind of structure , an institution that will send out. just the fight against droppers. there are problems on the one hand. it would seem that it would be possible to legislatively prescribe e, blocking all these accounts, but suddenly there will be conscientious persons. it is this mechanism that needs to be thought through and here we jointly work out a solution. we here i will add we do not think that there is good faith. we have brought experiment, and in one day 119,000 dropper cards were blocked, one hundred percent got no complaints and all the names, then the next ones were already glued and already they have no opportunity to continue to deal with each other, but i have a lot of appeals, strange to our voters of citizens about the fact that their accounts are blocked and they complain to the bank that this was done illegally. vadim , please give me the floor, i’m here, probably, where would i start the answer with the fact

branches, now other banks and bank exchange and soldiers have been added , now melli bank branches have been added. they go to sheba national bank, they do their initial registration, they receive the money behind the gate of the international airport , which happened to be inter with 600 people, until these three or four days, the passenger who was able to receive the value from this plan, neshjuani, that day they had registered on tuesday and wednesday now, in rose hall, i was able to get their services from the relevant department of science and health ministry. today, i was able to get the value of the plane. it is good that this happens. it is one of the programs that we are seriously pursuing . i haven't seen it. we have mentioned a few heads that are supervised and operational, and this list is a term that defines what needs we respond to and what is the ceiling for supervisors. for you , the service currency table of the extra health exchange center specially for transportation and the costs of transportation of the goods, it was so good from the applicants that we suggest the c

of the entire central bank. regarding the latest situation of the nima system, he also said that on the last day, according to the promise of 6 billion dollars, 28,500 tomans of foreign currency were supplied, but of course , the basic goods are supplied at the rate of 27,900 tomans with two percent below the price. he said in this national information system, details and process it is related to the production of government assets, mr. khandozi said, in this system , people can use a hidden identity to make suggestions about excess assets , devices, or investments . which has been left unused for many years, here is a problem that has a legal solution called productivity . the amount of government assets is more than 7000 billion tomans, which is equivalent to 10% of the economy. let's solve the first step, with the approval of the heads of the government's productive forces , the government's production has accelerated, the sale of the government's surplus property will come, the treasury is the account number

in a bank? so let me start out by saying i don't think that banks have h.r. systems that are different from other companies. i think this is a a feature of of corporate america. you have a department of people who are trying to manage working life at these giant companies. and the other thing that they're trying to manage is the legal liability of the company and when you put those two missions together, you get a big conflict because all kinds of things can happen inside these big companies. and when an employee really needs help sorting it out, they're going to the same. the department for the same department that that is hell bent on making sure that the company doesn't have to pay a lot and legal settlements doesn't have bad publicity. it's all coming from the same people. the one thing that i found was that the company is all think it's really important to have policies and procedures in place to prevent discrimination and and to address it when it comes up. but having those policies seems like it's the most important thing. you have a machine, the machi

by the national bank by the commercial bank, and er, here. over the past 2 years, 2 1/2 years, the practice of accruing increased interest has been eliminated. in the case of e. well, some difficult returns and that's just it. yesterday, too, it was discussed a person can not return on time for some reason and the bank cannot charge him extra interest, some cosmic sums. it's this situation. i would say in general, in some cases there were few of them, but, but in the case there were such. well, imagine that, under a separate loan agreement, penalty interest was charged. e, components of e, one two percent. uh, up to 3% a day, it went up to i think it's just a banking river, right? now this is not. eh, that's the norm. it was necessary to fix the approved norm to fix the code. well, it's called banks, but banks, uh, didn't suffer from it. here already at the stage of implementation of this rule. last year, banks earned more than two billion rubles in profits, by the way, speaking at the definition. well, support e from the side of the national

amount for which the national bank is ready lend this amount to other banks. schematic example of a commercial bank wants a million rubles in debt from national banks. to give people loans, the national bank says, i will give you a million, but you will give it to me in a year and you will pay 11.5% for this year of using a million. from above, the bank agrees to take a million and distributes to people, but at 13% per year, a year later he receives from people his million plus 13%, that is, 130,000 million returns to the national bank 11.5% for the use of a million, that is, 115,000, but one and a half percent. that is more 115,000 is the bank’s earnings, if money in the country depreciated by 11.5% over the year, then the national bank conditionally went to zero, if it made less profit, if it lost more, because the national bank is very attentive to such calculations and does not set the refinancing rate. will lead the country to losses. why the country because the national bank is a state financial management body, it does not have the task of earning on in

we had high inflation, which is known by the central bank and statistics center of iran, up to 40%. we could definitely reach despite below 30% inflation, if the indiscipline of the banks, we distance ourselves from the issue of the budget now for retouching, but for the indiscipline of the bank, it is thought to exist. it's very strange that some countries don't do this for example, it is possible to move in the direction that we can prevent the banks, whether public or private, that are bankrupt or have serious disciplinary issues, and in fact, these banks are not new games , even if it is by closing down and declaring bankruptcy at the moment. there are several solutions that are suitable for this discipline, not to close it down, but the main solution now is to preserve and restore the authority of the central bank as the discipline and regulator of this area, and for the central bank to find its authority again, and it is actually to play the role of regulation and discipline of his own department has faded in fact, since last year, mr. farzin's new central bank has good polici

, not public banks or depository but green banks started with utility customer surcharges. i'm not advocating for that necessarily. there is also pension funds in san francisco, there is also investment fund where there is disagreement about that between the treasurer and tax collector and budget legislative analyst office, so lots of different opportunities, and also tax specifically dedicated to such a initiative, so there are options. alright. this was a great discussion. thank you all so much. thank you khalid and giacomo and we'll move on now. i think we will open up for public comment now. are there any members of the public who wish to speak on this item? >> vice chair felder, any members of the public who would like to comment on item 1? [difficulty hearing speaker] >> hello commissioners. eric brooks with california for energy choice and local grassroots organization our city sf. this is a great discussion but i want to touch on something commissioner fielder brought up at the very end, which is the most important thing that i have not heard in the discussion and t

it is about the banks today. the banks are massively outperforming. in is a tell wind for the pound off of the brexit deal. yes, i said that word appeared want is where we are right now. we are up by 3/10 of 1%. alix: you get a pass for this time. at the s&p going absolutely nowhere. the big loser is in the region cruise line down a whopping 12%. earnings wind up disappointing in bringing down its peer groups. that is the only big mover in the s&p. it did show the bad stuff is working. expectations for income rises started to come down. the job market seemed to be loosening a little bit pointing to what the fed is doing is working. in sympathy with europe, you are seeing a selloff in the bond market. the 10 year yield very interesting, up to basis points. we are nearing for. the idea is that we maxed out in terms of how much we could reprice the fed on the front end . how much can go if we had to do the fed at 6%. guy: everybody is talking about. 6, 4. that was some of the conversations i was having in luxembourg appeared of the inflation data was a s

lars: basically, as we see it, we are in a bank, we are a flow bank, so we basically serve our clientsomes to macro effects to the commodities and equities, so it is a flow business, and that business is going well, the bank is well-capitalized, we did not take any risks. the far, is very low, so from that point of view, everything is contained, therefore the remuneration is part of that. dani: not giving us exact figures, lars, but we understand the positive position you are in. manus: solid innings by the bank, and for bonuses, we will take that, lars. dani: given that our capital position is so strong, i know that oranges looking at selling orange bank, is that something you are looking at at all? lars: we are very happy campers when it comes to the banking we are doing. as you know, we have additional proceeds from bank of the west. the way we want to redeploy this is by growing organically faster. this is the best we can do. we know the business. it has immediate bottom-line impact. so that is what we prefer to do. on top of that, maybe we want to buy some technology, but intrinsi

as you said, well, one of the central banks has always been one of the central banks in the supply of basic goods of the people in the field of agricultural jihad . forty-five and a half billion dollars for the provision of foreign exchange for basic goods of the ministry of agricultural jihad under the conditions of sanctions, could you generalize that this is equivalent to nearly 24% of the country's imports in four years, within 400 years. we are very into quality these days we are talking about available currencies, and now that you have counted it in the last year and in the previous years , how much of these late currencies we had allocated to the import of basic goods, considering that the main book and the priority of providing currency are basic goods compared to others. goods have been tried to use available quality members to provide foreign currency for basic goods . can i ask what percentage was in the mix? what was the composition ? now i will give you the details in my program, but i have tried to always provide quality to importers let's put it basically than import ou

big banks and their we have cops on the bank. senator daines: before i make a few remarks, i would like to recognize ranking member toomey. i remember my days at proct tore and gamble. in a petition to supreme court on september 14, the cfpb asked the fifth circuit court ruling that the unprecedented power was unconstitutional. the petition claims that the cfpb funding is constitutional because dodd-frank authorize dollars the director to decide how large the budget can be and mandate the transfer of requested funds. however the constitution prohibits agencies from spending federal treasury without appropriations made by law, unquote. in its decision, the fifth circuit said that an expansive agency insulated expressly exempt from budgetary review and headed by a single director at the president's pleasure is the epitome of the unification of the purse and sword of the executive. i believe it is highly likely that the supreme court reviews this case and upholds the fifth circuit decision. we have asked for our colleagues to join u

what the bank of japan has been doing has been hurting not just the bank but the rest of the financialsectors, particularly the insurance companies. another candidate had been saying two things. one is that the damage in the banking sector and the longer you do it, the more it hurts them. across financing, benefiting from coming out of qe. on the other side japan is not much hurt by a rise in interest rates. 41% on financials have net cash of more than 20% of equities. companies are cash rich, households are cash rich. there are sectors such as railways and real estate, electric power companies that are highly leveraged and as far as the electric is concerned, this makes it all the more important that nuclear power is brought back as fast as possible. it is quite inaccessible that the country has done this for 10 years about whether to switch nuclear power back on. rishaad: notwithstanding the weak gdp read we got today, is inflation becoming more entrenched, and if so, how does it change the game for the next governor here, mr. ueda? nicholas: sure. i believe the last boj meeting this

there is a lot at stake for the bank of japan.f your expectations of policy from here and how welcome the change would be? >> it is a change very well telegraphed. it is a succession, if you like. the key will be transitioned gently. i don't expect a sharp change in policy that will be destabilizing for the markets or broader economy. i do not think we will see that shift. clearly, the be oj has had the challenge for sometimes of how you get inflation to a level where you are comfortable but exit from extraordinary monetary policies? i do not think we will see yield curve filed back anytime soon but we may hear over the coming weeks and months talk and announcements over how they might exit from that and what it will look like. >> it is not just the bank of america struggling with policies. the last week it feels like we have been recalibrating on inflation. how hard will it be for policymakers to do this? >> it is a challenge thinking about the fed, the rba in austria, or others it's a really difficult question because they will

yes, he is called in banking on the banking flank.r something with sand. they do not pay repayment, no interest. and a month later, this table there, or this technique, or this means of production of yours, de facto becomes more expensive. well, let's say they earned it, but by or less money than they could without a loan. what else here's how, when they say, it's cunning there or you can really somehow make money on a credit card, that there, maybe some kind of cashback, there are a lot of ways to make money on a loan on credit cards on all this. uh, the general formula for such a loan is conditional, if it costs 10%, and you know, uh , some thing that will bring you a guaranteed yield of 15-20% must be added guaranteed, because the interest on the loan is written from you guaranteed, so there are 15 new ones, and there are such places. i'm right now the general rule. yes, i'll tell you now, now we'll get to this, but he will start a little from afar. the first thing you can earn on the simplest issuance of a credit card. now banks a

how much division should the central bank do?k is less concerned with the cooperation of the ministry of industry and the ministries of trusteeship imports that meet the needs of islamic countries are regularly engaged in the optimal management of this path . the specifics you mentioned are that new capacities from greek sources are being activated in china, which we have also informed the german businessmen and statistics. i don't know exactly, but the displacement of the activity of discounts and supply of currency in the space for real trade, please, has been increasing in the past months, and there is a program in the national bank of this program, there is a program in the central bank , and it has also intersected with the improvement of resources in china and totally hit the mark about the thanks we ask you, ladies, whether you are at the central bank counter or shafi, in the area of ​​children's fans , how much do we need to charge the central bank ? let's do it in the central bank of india's 9th lesson of advanced agricu

the senate banking committee hearing is about 90 minutes. >> the committing of banking and housing affairs will come to order. i apologize to the witnesses and the observers today, both in person and the committee room and those watching from remote, senator and scott and i were at a briefing. on what is happening with china and balloons, and military and others have protected us from, if you will. we are here to say in these here the generals make their remarks to us -- marks to us. the crypto -- promising americans untold history and the chance to make history. they did not talk about high fees, risk of loss, outright theft that plagued the crypto industry. if you watch the super bowl two nights ago he did not see a single at for crypto. cryptocurrency industry imploded. in 2022 the cryptocurrency market lost 1.6 thousand billion in value. fraudsters tied to the regimes of pyongyang and moscow have stolen over $3 billion. crypto firms have slashed jobs. as crypto values crashed last year platforms began collapsing, creating losses across the rest of the crypto ecosystem, thousands of cry

they are associated with my bank.o if i apply for these cards and am turned down, i'm not so upset about being turned down as the prospect which was given to a really good chance of getting, quote unquote, this choice chosen especially for you. but when we apply for a credit card, even if we don't get it, they have to do this -- do what is called a hard credit check if that is the correct term. host: thank you, go ahead. guest: what ruth is speaking on, and it is in large part prior, with experience being hooked up with banks and they are sharing information. that's a totally different issue entirely. but yes, when you do apply for a credit card there is a hard inquiry on your account. ruth is really talking about data privacy which we can get into another call another day. host: a viewer off of twitter asks -- how much does the average american pay in late fees compared to finance charges? guest: americans as a whole are spending $12 billion a year on credit card late fees and about 42 million americans last year adm

bank requires.certain gap here, therefore, between the amount of money raised and the issuance. so, uh, that's the way the costs incurred by the bank are the way the banking system works, answering the question. i still love this one ask a question. what banks do, banks buy and sell money, respectively , they buy it cheaper, they sell it more expensive for these, as they say in well-known jokes, two questions and we live. and it's good if we started talking about debts like that. let's have a simple question. are you a civil servant? of course, you also have a map of the world. yes, and on which salary do you receive , if you personally have credit cards? and you also use. well, i'm not like a credit card, i use it like a regular payment card. you yourself climb into this credit uh, history is rare. well, it just happens that the minister of finance can force it. uh, under climb into credit. what are your personal purchases? everything is very easy to see. i have. uh, bank deposits, so i have a card

banks of the russian empire system. yes, help in the washing class they said to the artists. corner façade maya has an asymmetric composition, as if under an armchair, two lateral rosettes, one of them at the left side is completed with an atom in the corner of the kokoshnik with a blind rosette in the center. on which calista the coat of arms of the mogilev province was located, the others were carved on the right side, looking like a low two-tier vezha with narrow openings above the yaga, a hipped dome rises, earlier its pediment was the sovereign coat of arms of the russian empire according to mish rosalites cold withdrawal above another, according to the version of the balcony, over which the wall to the caravan lyapnyrnament and other banks, yes, and firms. here is such well, i would divide the structure into two parts and it is such a cover with pegs from one side. not tin is so simple. this is for the villagers. wow, how on the right in the year the hunting is slender less often such a threshold, and you were a t

of the bank, of course, the bank goes bankrupt, the money is gone.omething of a level that is guaranteed by the state, that is, the first plus is that reliability is 100%. second plus. so, what kind of calculations. uh, means for digital payments ruble is not charged, no commission. what are the disadvantages of digital ruble balances that do not accrue interest, because the central bank will not pay for this interest. that is, here it seems to be taking place outside the banks. and the second is that while at the first stage. uh, it's about being able to lend or take out loans of digital digital assets, since banks are in this system. they will play a role, as exchange e-points of the digital ruble for a regular i was a bank. i would be scared of a camera with him, that's it, what to do in such a situation in this coordinate system the place was to work with ordinary rubles. again, i say loans. these are services. these are calculations, they have their own niches, they have their own niche, but their role will be interesting in the first place. uh,

to the central banks. the u.s. job report is due later today and it is likely to show a moderation in hiring. speck tatian's of continued tightness in the labor market. that could push the fed to stay the course while the market goes the other direction. let's get more from our markets reporter valerie ty tell. we have all the big central-bank decisions in the can. what kind of reaction could we expect from the payroll today? valerie: i'm exhausted by this week. let me take you through what consensus estimates are. we are expecting 100 89,000 jobs added in the last month. the unemployment rate taking higher but note the down tick last month was a surprise. my eye is going straight to these average hourly earnings number. it's expected to moderate to 4.3. let me take you through why i'm interested in this. average hourly earnings as well as the employment cost index are measures of wage inflation which we've seen falling recently without any clear cracks in the labor market. this is telling me that the soft landing

in fact, there are two banks here.one bank for the villagers and the other bank for smaller ones and vermedor - this is the organ that came out like this, but i would have divided the structure into two parts and it has such a lid with laces from one side, so rustic. this is for myself wow, how slender on the right is less often such a fish with a tent, i suffered samba in them, where they are expressed there, such a form. yeah, at the end we will have such a shape with a salt on the right side, slender, symmetrical high vezha century. well, i’m such a pharaoh, i don’t give up, or something, more than a meal, let me look at the hungry care of my grandma , such narrow vacancies gently, i still suffered, that youth is the completion of the facade. there are such, well, imitations of their forum, the eighteenth eighteenth table composition of the complex, at the monuments will be. teat oksana to call out the trick to vera pennies on the shoes of her buddynki violent banks where a bottle of a can was one of the most comfor

price has decreased by nearly 2% from at the beginning of the offering , 134,1754 of the central bank's total index and equal weight index of dushanbe capital market have been sold the negative trend ended its work in the course of trading, 230 symbols were traded in the positive domain and 397 tenths were traded in the negative domain, which was formed to wash the symbol of the buy page and the 112th page of the sell page . the previous days saw comments from the auto competition council about its use at the beginning of the deals with sellers, but over time, the weight of the middle market increased until the end of the demand, so that the increase in demand in the banking group was more noticeable. at the end of the total index, it was affected by shrimp and shabdiz symbols with 2319 units decrease on the number of one million five hundred and 37 thousand and 870 units stood, the daily download index was 3,916 units , decreasing on the number of 476,1251 units. finance worth 4696 billion tomans in 456 1090 trades and hand-to-hand sales of the national symbols of steel and its nation,

central bank tightens at the lowest rate in year and now we turn to the bank of england which is expected to hike >>> and shell with a re record-breaking $40 billion and revealing a buyback plan the ceo tells cnbc he saims to transform the company for the customer and shareholder >> simplification of the structure was to make sure we are structured in a way to deliver that vision with a real focus for me to be able to move us from a great company today to also being a great investment. >>> falling demand for covid-19 diagnostic tests and drugs taking a bite out of roche earnings they are expecting a further fall in 2023 that means they are looking at a decline in the low single digit for sales and profits. >> we saw a decline of 1 billion swiss francs in covid sales. we expect a sharp decline of covid-19 related sales now the pandemic is finally coming to an end. >>> deutsche bank slides after missing fourth quarter profit expectations despite the best and nual result in are 15 years. the cfo discusses the market sentiment with cnbc. >> fourth quarter tailed off a bit for us in november a

in some banks, 40%. currently , we are facing many restrictions in four banks. process of cooperation is slow and based on the latest bank statistics exports from 1,700 billion tomans, only 670 billion tomans payment facilities, this means the lowest amount among the 16 banks , the cooperative and welfare development banks, from 1,700 billion tomans, the facility has paid 1,100 billion tomans respectively, but sepeh bank has paid 2,000 billion tomans. 1400 billion has been paid in facilities, the statistics are low, and we contacted the secretary of the country 's banks council to follow up on it, but we did not get a result. ayatollah jannati, referring to being on the eve of the new year , urged the authorities to try to solve the economic and public problems with effective planning and serious supervision so that the people can go into the new year with more peace . with the vote of the representatives, ayatollah jannati was once again elected as the chairman of the assembly of experts, and mr. seyed ebrahim raisi and seyed hashem hosseini bushehri were elect

president of the world bank. one of the criteria they laid out was they would like to see applications from women candidates, and i'm just wondering sort of what your plans are for nominating? do you expect to put someone forward today? do you think it's time for a woman to lead the world bank? and please feel free to share a name with us. secretary yellen: well, thanks for that question, dave. we appreciate the opening of nominations by the world bank executive board. and, we believe it's important that there be a transparent merit based and swift nomination process for the next world bank president. we intend to put forward a candidate to lead the world bank. someone that we think meets the strong qualifications that are necessary to lead the world bank and will be committed to the kind of reform process that we want to see the bank engaged in. someone who shares a commitment to the bank's long-standing work to fight extreme poverty and promote prosperity and will also undertake addressing the global challenges