will be introduced to the judicial system. 210,000 government machines were transferred to the central bank . take the exam for a driver's license in exchange for paying 650 euros. fake driver's license that communicates between users. payment of 250 euros guarantees them to get a license without passing the exam . so far, 1400 people have received fake licenses in this way. police officers of the french province with what did the qajar fight? in this area, about 50 people got passports with this magic formula. those who want to get a fake certificate pour money into the middlemen's accounts. then these middlemen communicate with a center in the paris area where the driving test is held. and it is the person in charge of the center who gives the driver's license test instead of the driver's license candidate, they have control , they can hold 4 tests at the same time and they can answer the questions of 4 tests at the same time while tabriz is in front of them, which is the risk that the issue of success rate in the holding centers test it is reported to the monitoring centers. the center probably

the ministry of economy was obliged to cooperate with the central bank take the program of financing the country's economic growth every year. goljozi, a news reporter for sedav and radio. the islamic council of sahn baharestan is the best in the country to apply the thesis research and theses of students, a challenge that the faculty of electrical and computer engineering of tehran university has overcome to a great extent. the professors evaluate the projects where we have pure ideas we extract ideas and then we invest in them , we give time and it continues. another important thing that is happening is that we invited 15 industrial companies that are involved in these projects they evaluate remember the faces of this report. you will probably recognize great inventors among them in the near future. intelligent classification of big data using deep learning. it is possible to test the data of many movies that we have in the same way and at the same speed as related to books and various data . there is a device called eik and eger that measures the eye every millisecond to see exact

focusing on the business calendar which this week is heavy with central—bank meetings. takingt we're looking ahead to. on wednesday, china's central bank will be holding its monthly review on the cost of borrowing. the people's bank of china uses a one—year rate to price loans for businesses needing credit and a five year tenure to guide mortgage rates. that's the same day the us federal reserve is also going to be deciding on its interest rates which is currently above 5% in the world's biggest economy. and finally, we'll be ending the week on friday with some numbers coming out by the bank ofjapan and we'll know what it plans to do with its monetary policy. steady price gains in the country may have reached a pace that will lead the central bank to perhaps move closer exiting decades of ultra easy monetary policy. earlier, i spoke to market analyst tim waterer and he told me central banks are facing extra pressure from higher energy prices. yeah, it's looking that way. we've seen a tickup in energy prices recently. we saw that play out in the us data last week, we saw cpi, p

focusing on the business calendar which this week is heavy with central—bank meetings. taking what we're looking ahead to first on china's central—bank will be holding its review on the cost of borrowing. the people's bank of china uses a one—year rate to help businesses needing credit and a five year tenure to guide mortgage rates. that is the same day the us federal reserve is also going to be focusing as interest rates. and finally will be ending the week on friday with some numbers coming out by the bank ofjapan and we will know what it plans to do with monetary policy. it may have reached a pace that may lead the central bank to perhaps move closer to his decades of monetary policy. for more i spoke to dewater and he told me central banks are facing extra pressure from higher energy prices. i5 higher energy prices. i3 looking that way. we have seen a teacup in energy prices recently. we saw that layout recently. we saw that layout recently. i think the move higher in oil prices will be keeping the fed of my toes kick moving forward. this week the fed likely to stay on hol

our data is from the central bank only let's take a look at the central bank's only rotation.ntral bank causes an increase in the monetary base. there is almost no economist who doubts that the withdrawal of interest that is associated with printing money and creating liquidity is considered one of the most important factors of inflation. the government is forced to issue when more than it was created from the growth of production, which burdens the flow of liquidity, which the professors, despite the number of sub-accounts of the institutions, the number of accounts in different banks, and the lack of consolidation of the accounts into the treasury of the nobles of the government in monitoring its own resources, reduce it by implementing the unit account of the treasury in the form of the government became transparent and visible have control over the cash flows, and on the other hand, following the same issue, can have control or the government's spending has blocked an organization of more than 170 thousand people, and in total, 250 thousand main and subsidiary accounts of

central bank. alhamdulillah , good cooperation at different levels is underway do some from the sub-accounts, there are some follow-ups and events, and naturally, the central bank will take necessary measures to block them . dear colleagues in the islamic council, it is for the rule of law to become an increase in productivity in fish breeding ponds with the production of a nano-bubbler device. specialists of a knowledge-based company succeeded in increasing the production and breeding of fish by internalizing this device for the fishery industry. in fish farming farms , providing enough oxygen to the ponds is an influential factor in the quality and amount of fish farming . create enough oxygen in the farm . they designed and produced a nano bubble machine for fish breeding ponds, a device that can be used and can produce a specific volume and a specific flow of light bubbles and be able to reach the perfume market. more than 80% of the air it produces is below 200 meters and from this is no longer lasting bubbles, the hook number of the frame is accepted by using nano technology and its use in the production of oxygen molecules, it has the effect of disinfecting and cr

state tatyana welcomes the president instructed the government and the central bank to take all measures to reduce the level of inflation. russia was able to withstand sanctions pressure and, in general, the economic situation in the country is now stable and balanced , vladimir putin stated this at a meeting with the government on the budget process. in general, we can say that the stage of restoration of the russian economy has been completed ; we have withstood absolutely unprecedented external pressure and the sanctions onslaught of some of the ruling elites in the so-called western bloc of some, ruling in certain countries, which we call unfriendly, russia's gdp has reached the level of 2021. now it is important to create conditions for further stable and long-term development. the situation turned out to be significantly better than forecasts for a number of indicators , the president noted at the end of the year. the russian economy can grow by more than 2.5%. but back in april, gdp growth was expected to be only one point two percent, according to the situation with the ruble exc

accounts to the central bank's treasury accounts it is good that some sub-accounts are being followed up at different levels and it is happening that naturally the central bank will take the necessary measures, but in the third round it will take action to block them, said the government spokesperson, referring to some changes and the addition of new orders. in the 7th program, in the consolidation commission of the islamic council, he said that our request to our dear colleagues in the islamic council is to draft a law based on the government bill . sardar major-general said salami added at the international youth conference that the curve of muslim power from the beginning of the victory of the islamic revolution to today is exponential. the world of the powerful today could not accept the dawn of a luminous truth called islam because it knew that the slogans of the slogans and poets of the french revolution were influenced by the geographical borders of iran . it will touch the hearts of young muslims in the far corners of the islamic world, and gradually the sparks of the spread of the revolution will be ignited in other islamic countries, and the power will be ad

accounts of the central bank, and alhamdulillah, good cooperation at different levels is being carried out on some sub-accounts , some follow-ups are happening. of course, the central bank will take the necessary measures , the snail will take action to block them . referring to some changes and adding new provisions in the 7th program , the islamic council's consolidation commission said that our request to our dear colleagues from the parliament is that based on the government bill the law should be drafted. the deputy director of the ministry of health asked sensitive groups to experience the corona and flu vaccines . according to mr. karimi, 30% of respiratory disorders in the last week were related to the micron strain of corona and 8 % were flu. it can be closed and injected with intervals, but until it enters the cold season and the flash season 3 is closed , because the doors and windows are closed, the transmission of the virus will increase for at least a week. the first graders will go to school from tomorrow. the country goes to schools for the celebration of flowers in schools the academic year of other students starts on the first saturday of mehr and about 16 milli

he instructed the government and the central bank to take measures to strengthen the ruble.it is obvious that now one of the main problems associated with the acceleration of inflation is the main factor. it is clear here that the weakening of the ruble is necessary. e, clearly understand its causes and promptly take appropriate measures without delay. the decision is confident that the government of the central bank is working professionally. and what is important is agreed upon as a whole. we can say that the stage of restoration of the russian economy has been completed ; we have withstood absolutely unprecedented external pressure and the onslaught of sanctions. some ruling elites in the so-called western bloc, some ruling elites in certain countries, which we call unfriendly, russia's gdp has reached the level of 2021. now it is important to create conditions for further stable and long-term development of the new federal project budget. putin said that it must be objectively calculated; the president noted, first of all, it is necessary to guarantee the strict fulfillm

actually superhigh, around three or 4% not back to target but what they do is they allow the central banks to takeck and look at a fuller picture of not inflation but other data which includes labor market data. we saw the unemployment rate increased by half a percent early this summer. some of the other measures as well in consumer spending are starting to show the aggregate demand is losing steam. in canada, we have inflation starting to pick up but a broader macro backup is deteriorating to put those two pieces together and that allows the bank of canada to say hold on, let's pause and wait for more weakening and macro economic data to come through let's see if that can ultimately slow inflation back to target as well. that's a good segue to the fed because it's a similar decision-making process or thinking process. there inflation is looking really good but at the same time, consumer spending is incredibly strong with some very strong retail spending data into q3. they are wondering if the low inflation ratings are sustainable. it's kind of interesting of the same decision-making process allow

accounts of the central bank and alhamdulillah, good cooperation at different levels is being carried out on some sub-accounts , some follow-ups are happening, and naturally the central bank will take the necessary measures to block them. referring to some changes and the addition of new provisions in the 7th program in the consolidation commission of the islamic council, the spokesperson of the government said that our request to our dear colleagues in the islamic council is that based on the government's bill, a law should be formulated on the detection tags or x-customs of knowledge companies. internal basis of design and the construction of the antenna was unveiled in the presence of the minister of economy and the director general of customs. according to the director general of customs, the first stage of installation of detection devices in truck and luggage transportation and the next stage of installation of detectors to facilitate the business of the president is to utilize the capacity of domestic knowledge-based companies in mirjave customs and we have unveiled the astara dota customs truck maker, using the capacity of knowledge-based companies and domestic producers of

central bank. alhamdulillah , good cooperation at different levels is underway conducting some sub-accounts, some follow-ups and it happens that the ninth nature of the central bank will take necessary measures and will take action to block them . said request dear colleagues in the islamic council, based on the rule of law bill, iran has appreciated the constructive role of qatar and oman in the release of frozen funds for the purpose of exchanging prisoners . the special representative of the sultan of oman thanked the sultan of oman and the emir of qatar for their special attention to the bilateral and multilateral issues of iran and these countries in these meetings, which were held on the sidelines of the united nations general assembly, and also about the latest developments and the continuation of multilateral cooperation between iran and qatar and oman, discussion and exchange of views the national exam will be held in the next three years without the effect of gpa. in the parliament, during the review of the plan to amend the law on evaluation and admission of students in universities , they mandated the ministry of education to provide the same infrastructure for

central banking decisions. the bank of england is expected to halt the string of hikes following the data revealing a drop in finflation there. sweden central bank hiked rates for the eighth consecutive time taking in line with expectation. the swiss national bank keeping interest rate unchanged at 1.75% as inflation shows signs of easing in that country. the first pause since march of 2022. and chinese ev maker nio getting into the mart phone business. william lee says the company expect half of the users to buy the device which is to work with the vehicles. >>> coming up on "worldwide exchange," the one word that every investor needs to know today and why our next guest says it may be a slog for the foreseeable foout. >>> -- future. >>> as we head to break, we celebrate hispanic heritage month. here is henry fernandez. >> i felt strongly to succeed in the country, i needed to think like i belong in the country. that everyone else, one way or another, was an immigrant or descendant of an immigrant. you are part of the fabric of society and success. that attitude and that mindset is what helped me succeed despite any odds in any part of the career i've had. (bobby) my store and my design busines

that the rate increase is not the only monetary measure that the central bank is taking to tighten the the reduction in information trends is understandable. that this fight against inflation is always such a trade between economic growth and the impact on infectious trends, in fact, the whole world is experiencing inflation, everyone is facing exactly the same, so, of course, uh, measures by the bank of russia to maintain financial stability. of course, they will hit all third banks economically, too, but so far we do not see what this will be, well, we see that there will be a reduction. demand for financial resources has already emerged, and quite significantly. i think that the bank of russia he will also look at the results and adjust his policies depending on how the market reacts to the measures he has taken. but as for us, well , this will certainly affect our financial result, but it will not be something so significant that it should be discussed or could somehow radically influence it. ah, why did the initial estimate of sberbank's payments for screws decrease from 10:00 to

a lot of the other central banks we have this week, most of their policy outcomes are kind of known. you takeand. most people are expecting a hike. it would take a pretty big miss for them not to hike. same with the european central banks. their policy decisions are not really up for discussion. it is more of forward guidance. in terms of forward guidance, most central banks, even though they want to be done, they will have to give that nod to higher inflation, higher energy prices, which means they need the optionality to hike rates again in the future. guy: oil prices are going higher. in some ways that's inflationary but it feels like it could be more of a tax on the consumer from an inflationary concern. how are you thinking about the -- about a developing from here? -- about it developing from here? how much downside is the market realizes the fed might just be done but may have to start thinking about happening as the economy begins to roll over footage of the quite quickly? how likely is that scenario where we see quite a big shift in the shape of the curve as the labor markets are sti

resistant to them, and they will also discuss those measures that the government and the central bank are taking to support the industry. also, the program includes 10 thematic round tables, in particular on mortgages the day before. at the forum they said that there is no bubble in the mortgage industry, but there are some imbalances that the regulator must eliminate; there will also be round tables on bancassurance, on the digital ruble, on lending to small medium-sized businesses on digital platforms, and so on. the current forum in sochi is being held for the twentieth time, it is an anniversary, during this time it has managed to turn into the largest and most representative industry venues, traditionally representatives of the bank of russia and the largest commercial banks always participate here countries, as well as representatives of the legislative and executive authorities , but the atmosphere of the resort city of sochi, where the forum is taking place, allows us to combine the business program with communication between guests in an informal setting, we will monitor the agenda of t

tatyana welcomes the president instructed the government and the central bank to take all measures to

of foreign affairs will also help the president's legal affairs and the ministry of the central bank, and will take this issue to the ruler or to the place where they are dealing with this issue. now it has happened in this field as far as i know i know that raising 11 complaints about the same issue and it has become a reality , more and more from the presidential legal department and the ministry of foreign affairs , it helps to ease the issue . how long does this process take? we had a good idea that it will be presented in idle time. i am waiting for good results. mr. majidi, what will be the specifications and strategy of the central bank, what will your next plan be, the training of bullfighting rules for all the funds that we have in different parts of the world , we have the same plan, and this is to a large extent due to coordination and accompanying all related institutions it is important for us to work hard on issues related to drawing up this program , to increase the access and use of reserves in the whole world, and to provide them closer and more easily to the country's foreign exch

they are finally ready, they are not ready, that's right the opponent is the european central bank, but talks are taking place, and this is one of the realistic ideas. so we actually only have two minutes left, and there are many questions . to be honest with you, let's choose the most important, so let's talk about confiscated assets in ukraine in europe. it is clear. and what should be done in ukraine with the confiscated assets of russians or russian-related structures, or should they not be transferred to the army, an organization that manages these seized assets and sells them at auctions or transfer them to the state property fund, well, it is not very clear, many willing to deal with the arrested russian assets er. so now this issue has become acute because more and more russian assets in ukraine er are being confiscated in accordance with the decision of the higher anti-corruption court of ukraine and er then the question of what to do with these assets, how to dispose of them effectively so that they do not lose their value, here, first of all , we are talking about e-e working businesses and f

we will find out what decision the central bank will make taking into account these and many other factorstime. well, in addition to announcing the key rate, the regulator will present an updated forecast. we will definitely continue the topic of this in live broadcasts. thanks a lot. masha it was maria grigorieva with a story about forecasts for the key rate, i’ll add that on a press conference is scheduled for 15:00 with the chairman of the central bank, elvira nabiullina , and the deputy chairman, alexey, for botkin. now let’s return to a short advertisement, and then move on to international news. alfa bank was the first in russia to abolish acquiring fees. all payments without commission with a free account for business alpha bank is the best bank for business get sneakers that are real, in your opinion, a unique style with a guarantee of the area of ​​goods. now just buy the sportmaster app and get 300 bonuses for moonshine in sportmaster guarantees the authenticity of goods up to 12% per annum. i haven’t been on vacation for a year, and i’m not chilling. i am working. but no. oh, i

inflation has gone up slightly not what the federal reserve wanted to hear the european central bank meeting takesale of arm shares on the market, the nasdaq, you can see up market, the nasdaq, you can see up third of a percent at the end of the on wednesday. that is the latest in terms of business and news. thank you for your company, business and news. thank you foryour company, i'll business and news. thank you for your company, i'll see you soon. hello. thursday promises to bring a real mix of weather across the uk. for much of wales, parts of the midlands and northern england, we will have a band of cloud bringing some outbreaks of rain at times. to the south of that, it will be dry and warm. to the north of that, a mix of sunshine and showers. and in the far north, in northern scotland, some strong winds. it's all because of an area of low pressure and this dangling frontal system here. this weather front, will be very, very slow—moving through the day on thursday, so we will see that band of cloud and rain across wales, parts of the midlands, some parts of northern england. we start the day

the central bank was obliged to take necessary measures in relation to facilitating the issuance of licenses as well as the activities and planning that are carried out in the field of qarz al-hasna banks , to supervise the activities of the banking system in various sectors, such as the issue of banking, but in the relationship with functions is a question. tasks were supposed to be assigned to a number of natraz banks by september. please tell me how many banks they are, which banks and what decisions have been made for them . and the determination of the task is finalized or on normal days, if god willing , these remaining assemblies will be held and the task determination is finalized because the approvals have been taken. also, according to the announcement of the director of supervision of banks and credit institutions of the central bank, three credit institutions and one bank are under liquidation. sara fazli, sed and sima news reporter. the total foreign trade of the country, excluding oil , exceeded 54 billion dollars in the first 6 months of this year. during this period , the lar

and not only he, but also the government, obviously, now it will take time to see whether the mortgage remains or not. the central bankt a mortgage in russia; the director of the financial stability department of the central bank , elizaveta danilova, told rbc that in the second quarter of this year, almost 72% of all mortgage loans were taken out by russians who already spend more than half of their income on servicing loans. elizabeth. notes: in mortgages, the quality of loans issued has fallen even more than for unsecured loans; according to the central bank, over 8 months of this year, mortgage lending grew in the country by 18.5%. this is approximately equal to the growth for all of last year. the regulator calls this dynamic market overheating and is consistently tightening the requirements for banks to issue mortgages. for example, from october 1 again premiums for loans with a low down payment will increase, that is, banks will have to mortgage. such loans provide even more capital; from september 20, the authorities increased the minimum down payment for a preferential mortgage from 15 to 20%. earlier , the c

do think fundamentally central banks are taking the box?ustina: i think they are probably happy with the self-fulfilling prospect of it in the sense that they don't want investors to think we are going to cut rates next year. that hopefully has the effect of preventing inflationary expectations from becoming entrenched. of course, you can say once borrowing costs no up enough, it does make it harder to pull off a soft landing which a lot of federal officials were still hoping for. at this point, i we still going to get that? kailey: we just had a headline crashing from s&p now expected the u.s. economy to expand 2.3%. it speaks to the resilience that we have seen that maybe took a lot of people by surprise. what that has come up with is pretty surprising resilience of the u.s. dollar. what do you make of that? eddie: i spoke to a lot of investors over the last week or so about where do you position for stagflation. if you believe that not only are we going to see stagflation, you also look and the dollar is the place to be. the fed has the

do get worried when nobody else seems to be afraid of an upcoming fed meeting, where the central bank could take a harder line than most people expect. so what is coming? for a long time it was one of the best ways to make money in a post-pandemic atmosphere, although now there are worries and the worries are that it could be threatening. this does not mean that travel is slowing, but how bad could it get? well, disney posted a very important theme park-oriented investor meeting in orlando at the theme park on monday. that might shine some lights on the division, especially in china, and nobody is talking about it. theme parks our bonanza for disney. by the way, have you been to a netflix theme park? i don't recall any. but disney makes a fortune on theirs. plus, everybody is so petrified that disney has to pay an arm and a leg to comcast. but i think disney can afford it. they have plenty of cash. that said, i would like to hear some clarity on their espn strategy. i don't think there is really anything to it. again, if you are as desperate as the bears make it sound, i would tell investment cl

central bank, this should not in any way... affect the rate of economic growth. alexander. dmitry, thank you. dmitry morocco spoke about how the banking forum is taking in sochi. rosatom and kamas signed an agreement with moscow on cooperation in the development of a cluster where electric vehicles will be produced. it is already known that the production of traction batteries is being localized in moscow. and this is what sergei sobyanin said about the new plant. historical event for. technological sovereignty of our country, the largest traction plant in russia is being built batteries, which are essentially the heart of electric vehicles. and the cost is a third of the car. and without this production, creating your own domestic electric car is almost impossible. the antimonopoly service opened the first cases due to inflated fuel prices. violations were detected in the belgorod and rostov regions, krasnodar and stavropol territories, as well as in dagestan, where the association of gas station owners is suspected of cartel activity. as stated in the official statement of the department, the president association coordinated the activities of gas

some of the asian central banks have stopped taking. >> it would be 2023 to have the worldview -- theorld leave inflation is probably come down in that showing to have oil come in and lead. thank you for joining us. coming up, we will hear from the jimbo cofounder and long-term investment strategist. it will be on his outlook for the american economy. that is next. this is bloomberg. ♪ >> the decent -- the deflationary forces -- probably too big. the power of interest rates rising and depressing the interest rate market, very negative, slow-moving influence. i was a select that they would once again dominate and we would have a recession perhaps running deep into next year. >> the recession you're predicting is probably not for to happen in 2023 -- >> it may start in 2023. >> researchers believe we have cleared the inflation hurdle. you do not agree on th -- on that? >> they have never called a recession. they prided themselves in stimulating the bubbles. they took credit for the beneficial effect. they have never claimed credit for the deflationary effect of asset prices breaking --

already raised in the second place and there are a lot of false financial arguments we cannot take central bank assets they will not use dollars they will switch to china, chinese money and so on, this is a wrong argument, but it is theoretically possible, so there are a lot of hasty and very superficial arguments that were put forward as a result of a lack of in-depth analysis by people they just didn't take the trouble to understand these issues. and the next set of questions is a political issue. when it comes to state countermeasures, quite often people are afraid that russia will do something in response, some kind of revenge, and a lot has been written about it. but people often do not notice that russia has already started its revenge, it has already launched a whole series of countermeasures against western investors and western campaigns, they are already holding many western companies hostage and uh threatening if you resort to counter we will apply countermeasures to all of your private investors . it would not be legal, but they don't care. therefore, many countries fear that russia

will also help, in fact, the legal department of the presidency, the ministry, and the central bank will come and take this issue to the ruler or where they are the leaders of this issue. it is happening now in these fields that i know i have 11 complaints raised about the same issue , and it has become more and more important from the presidential legal office and the ministry of foreign affairs to facilitate the issue. it usually takes a lot of time. these legal processes take time and are long. we had good achievements that when the work is well done, good results can always be expected. mr. majidi, what will be the specifications of the central bank's strategies, your next plan with you will be in this area, all the funds we have in different parts of the world , we have the same plan and this to a large extent karim with coordination and cooperation with all the institutions that are related to the affairs of this program to increase the access and use of reserves in the whole world and make them available to the foreign exchange market of the country in a closer and easier way will do this. the

the president drew attention to inflation risks, but he instructed the government and the central bank to take of course it is obvious that now one of the main problems is related to the acceleration of inflation. the main factor. it's clear here. this weakening of the ruble is necessary. eh, clearly understand its reasons and make timely, without delay, appropriate decisions, confident that the government of the central bank will work professionally and that what is important is agreed upon as a whole. we can say that this is the stage of restoration of the russian economy. completed, we have withstood absolutely unprecedented external pressure, the sanctions onslaught of some ruling elites in the so-called western bloc, some ruling elites in individual countries, which we call unfriendly , russia's gdp has reached the level of 2021. now it is important to create conditions for further stable and long-term development, speaking about the new draft federal budget. putin said that it must be objectively calculated; the president noted, first of all , it is necessary to ensure that all social ob

central bank's hiked 425 basis points already. that's probably what is behind the majority view. i think the central bank will takewth in the second quarter, much weaker than expected, was partly a normalization to more sustainable growth rates after this boost that we had from the opening. partly a contraction in government spending that's going to be unwound again. on the core inflation, though we have seen much improvement, it continues to decelerate. it does remain quite heated. it is over three percentage points above the midpoint of the target for headline inflation. that's probably not going to be enough to anchor inflation expectations or anchor wages or contain secondary spill over's, especially now that we have food and fuel prices on the rise again. and the high core inflation is a signal we still have significant demand pressures in the economy, which the central bank is probably not going to be able to look through. >> we are not expecting them to have a wait and see position given of course the fed's policy announcement and signaling. >> yes. that is an added pressure. i mentioned demand's still stro

grown by 30%, elvira nabiulina announced this at the banking forum, according to her, the central bank is ready to takeduce the volume of unscrupulous lending, some of these measures will take effect in october. in order to.

central bank rate that influenced it or are there some other reasons? it’s funny. this is, in general, the policy of the central bank which sees russians en masse taking out mortgagesall this could become a problem. two largest russian banks reacted almost synchronously to the central bank's decision last friday. raise the key rate in russia again sberbank and vtb announced that they are raising mortgage rates by half a percentage point. now sberbank has a minimum rate of 14.2% vtb calls 14.1, but this is for the bank’s salary clients and taking into account insurance we are talking about the so-called market programs, that is , preferential mortgages in banks can still be obtained at the rate established by the state in 8%, although tightening conditions have reached here too vtb canceled discounts on preferential mortgage rates. that is, earlier. it could have been taken at even less than 8%. but earlier, the same thing was done from ber; market mortgage programs began to be changed by other market participants, as the kommersant newspapers write , sovcombank raised the rate on its mortgage and also by half a percentage point. banks are forcing the central bank p

central bank. now he is taking action.f the housing market, the overheating of which makes a significant contribution to the growth of inflation and creates risks for the financial sector. gas prices in europe per trading during the session, quotes rose by 8% and rose to $414 per 1,000 cubic meters. the reason was the announcement of the suspension of work at the largest oil and gas field. norway is exactly this scandinavian country. now the main gas supplier to the eu, the operator , has announced that work from the birth will be suspended as planned from september 20 to september 23. however, the reason given is not seasonal service on duty, but some technological problems, hence the nervous reaction of the market. after all , it was never possible to replace gas supplies from russia, and underground gas storage was filled at the cost of stopping production. what politicians are silent about, but what industrialists say. we are in a situation where we are being greatly influenced and harmed. external factors, as a result

are taking, that was a key message delivered to investors in new york, that erdogan was fully on board with the policies which is important. we have seen in the past, erdogan removing central bankovernors for not taking a dovish stance. he is not a fan of higher interest rates. his go to policy up until now has been growth at all costs, even if it came at the expense of price stability. there are local elections slated for may. there are still concerns that erdogan may take a step back and return to championing cultural loose monetary policy -- ultra loose monetary policy. so far, erdogan is behind all the steps they are taking to rein in inflation. kriti: a playbook that a lot of world leaders to varying degrees of success have tried. beril joining us from istanbul. here is what we are watching in markets ahead. at 8:30 u.k. time, the swiss national bank will deliver its latest rate decision. most economists seeing a increase to 2%. likely the snb final hike. in london, at noon, it is the boe's turn. the unexcited drop in inflation has given the central bank plenty to digest. is it going to hike? the jury is still out. in the u.s. at 1:30 p.m. a slew of economic data starting

september, the process of delivery of silver futures contract due in september 1402 will take place central bank 6th september this year in this auction of government bonds 1580 billion tomans sale went to the new auction period government papers will be held on the 14th of shahrivar. ahmad shokri, the manager of the delivery of the national industries company , will be put into operation by the end of this year. the installed capacity of the petrochemical industry is 2 million and 500 thousand tomans. saffron is used in 130 thousand hectares of domestically produced saffron. the ministry of mining industry and trade produced about 537 thousand cars this year until the end of august, which has increased by 27% compared to the same period last year . in order to make the securities more transparent, the capital market supervisory body published the consolidated financial statements of its subsidiaries for 1401 and the latest news is that the iran commodity exchange automobile hall has the opportunity and possibility to offer 90 trucks on tuesday, the 14th of september. in the past week, the stock

it is something we will feel as consumers, but central banks probably will not take into account in setting in setting interest rates. ., account in setting interest rates. good to see you. dan kem -. staying with energy, how will the uk deliver net zero by 2050? a report out today says the uk needs to unlock £100 billion of private sector investment to build the renewable infrastructure to get to net zero. the trade body 0ffshore energies uk says total offshore energy spend could reach £200 billion this decade but about half that amount is waiting on final investment decisions from businesses that need renewed certainty to sign off. ross dornan wrote the economic report for offshore energies uk and joins me now. a warm welcome to you. good morning- _ a warm welcome to you. good morning- why _ a warm welcome to you. good morning. why are _ a warm welcome to you. good morning. why are these - morning. why are these businesses, _ morning. why are these businesses, who - morning. why are these businesses, who are - morning. why are these - businesses, who are committed to invest in the future

regulations of the central bank, which means that it is clear how many branches this bank should have for how much population or how much economic activity. so it's not like he takes all his assets in the form of branches or things that seem to be needed or things that seem to be needed. the central bank is responsible for its diagnosis. any assets required for banking in these systems. it has been recognized by the central bank, there is no problem. whatever mazadeh offers to you, the bank is obliged to hand over and sell these items. there is a time limit for clause b and p. that is, when you should do it, when you should do it, clause b determines when, for example, he should do it in a day , not a week or a year, the law has considered time for it . clauses b and p of article 17 of the law on removing obstacles to competitive production had determined that if a bank takes profit from the place of incorporation, holding property and real estate, it is subject to double taxation. it is stated in that law that the basic rate is 28 in 2015, which is added to 30 every year until it reaches 55, that is, any profit that banks make from this place . earning 55 is taxa

these are the factors that the central bank made a decision and, taking into account these factors, theegulator will make forecasts at 15:00. we are expecting a press conference and, according to tradition, our tv channel, and dmitry da vera will broadcast live. thank you , our economic observer vera moroz spoke about the decision of the central bank of which he i literally took it 2 minutes ago. cashback 60 million rubles. sberbusiness clients. open a business card, pay at any convenient time and receive 10% cashback for purchases during the sberbusiness promotion period. millions of entrepreneurs trust us with chickenhit mushroom for only 249 rubles. magnet price, what oil is needed is simply important 129 99 at gazprombank. a cash loan for any purpose is issued at lightning speed from three and nine percent per annum, the first month is zero percent. apply at gazprombank.ru. in the scooter we knew the main thing was creaminess, and ekaterina knew how to find natural cream for this, we make the scooter well together in business. everything should work like a freshly ground competitor,

take a big u-turn? anthony: i think today is a pause like you said because of the inflation and upcoming central-bank decisioninvestors are taking a risk off while they wait to see what happens. it is interesting how it is a two-way street. you're talking about how high oil prices are feeding into inflation and that is creating headaches for the central banks but at the same time it is uncertainty about the central bank decision and how much that will affect the economy which is the uncertainty causing some pause on the oil prices. the fundamentals are still there. that is in terms of the supply side but we are looking at the demand side and will tightening central-bank rates if those do continue after they expect deposit now, will those hurt the economy and will that then hurt the demand going forward? we will be taking a pause here probably and then looking to come back up as opec+ and suppliers continue to tighten the markets. kriti: you are perfect the position to watch that live. let's put our nerdy hats on because one of the interesting dynamics that i learned about in the last year or two when covering

were able to make their table smaller, now the central bank and majlis have plans in the seventh program and they say that they want this to happen . take it in front of him if you remember, sir fazin came, the head of the central bank came and said that, sir , we have a very important plan for lending money to these unsettled banks. once again, we will do something for them to dissolve completely, so that they don't do this again. how long was the opportunity until shahrivar, when the preparation was completed ? there is still no news about this. but so far there has been no news let's take a look at the number of banks that did this, which of them were dissolved or did something else . let's see what the statistics tell us . how much do these banks lend? how much do they lend ? how much do they lend to themselves? you can see that out of the many banks we have, this side is good, they give more than pasargad, industry, business, future , and new economy. this number has increased. their entire education is more than 25505 thousand billion tomans. they lend until the last one that iran so , naturally, we get the conclusion that the num

take a look at what is happening in australia at the start of trade because it is that central-bank focuselm at the rba. this is michelle bullock. she is seen as a continuity person from phil lowe but she is a point of difference from phil lowe really being counted on to show up the rv his credibility because this hit a low point during lowe's tenure when his forward guidance that interest rates were unlikely to rise before 2024, and that clearly proved incorrect. shall is someone being described as an effective communicator in the skill set to be tested. we do have the asx 200 fairly flat as we come online still watching brent crude and you are seeing further gains here at the outset. very modest ones still coming off three straight weeks of moves higher. it is still that mark -- markets assessing those production cuts from saudi arabia and russia. shery: our next guest thinks u.s. equities are heading into a bull market with the earnings recession now behind us. it discuss the implications for asian markets with mark matthews head of asian research at julius baer. great to have you with

central bank of iran, which can increase financial discipline and transparency, and the financial transparency that happened in the last 6 months, the government did not use the central bank's salary in any way, but tried to take advantage of other legal capacities that exist in the country's public accounts, such as article 125 , to reduce the pressure on the monetary base, which we know is an effective factor in controlling the liquidity of this sector . we were able to reach the number of growth from control this liquidity, inflation was controlled by shirjan, and finally, this effect and increase the predictability of the economy , which we see today, they said, today we see that the growth of investment in the economy in the first quarter , according to the conditions that we have in the first quarter we have a year that our industries are closed and we have a positive investment compared to last year. fortunately , we can continue to improve the investment with the conditions that happened in the last decade and to a large extent, our predictions in the ministry of economic and financial affairs show this. it gives economic growth it is a blessed year 1401, the international growth of football has been c

central banks. the theme and take away for most investors is that higher rates are with us and are here to stay on theack of that, we have seen a torrid couple of days the hand over from asia. nikkei is down 2% overnight. the sentiment in china continues to weigh on asian stocks around that part of the world what we are seeing in the stocks in the stoxx 600 is down .20%. a lot of red on the heat map this morning in terms of the individual boards, we are looking at a lot of red every single one is trading under water. we were talking about budgets yesterday. italy has revised upwards of the forecast for this year and next year and lowered the growth forecast we are seeing a widening in the bund spread and downward pressure with stocks dax is down .20% we are watching for state data for the country coming up at 1:00 p.m. today. of course, as the state measures are implying, we are likely to see downward pressure building up momentum at the time when energy prices have started to turn cac 40 is down about eight basis points luxury continues to be in focus. not a lot of movement in the luxury space today

also said that he could again adjust mortgage programs due to the growth of key central bank rates regulator. now it is takingerheated housing loan market. torva makes a significant contribution to the growth of inflation and creates risks for the financial sector. trade turnover between russia and japan in august fell by more than half to $576.5 million, in particular , purchases of russian lng decreased by almost 13% of coal, in general by almost 80%. the supply of japanese cars to russia has fallen by half compared to the annual average , due to the latest sanctions that banned the export of cars with certain specifications from august 9. characteristics. and after all , it is energy resources and cars that account for more than 60% of russian-japanese goods turnover. from other categories, it is worth noting that, in fact, there is a complete cessation of the export of computer components. new duties on grain exports from russia on wheat came into force. they increased by almost a percentage of corn by more than six. but the duty on barley, on the contrary, has been reduced slightly since june 21. let me

accounts of the executive bodies to the central bank , the chairman of the 90th parliament commission announced this news, adding that some bodies refuse to take advantage of the law enforcement these institutions must also transfer their accounts to the central bank by the end of september. the basics of our supervisory system will be reported until the end of september. the commission announces that as those who have not implemented the law and its implementation , mr. pejman has to introduce the judicial order, the most effective way is to start the vehicle records inquiry system from the first of mehr , so that the buyer and the seller can be sure of the accuracy of each other's information before the transaction, now according to planning this is the collection of information, that is, insurance companies are obliged to provide information to individuals, while car manufacturing companies provide information to individuals, the document registration organization provides its information in relation to the seller and buyer the traffic police chief gives his information in the same way, all this information will be provided to the farr grou

yes, to date has been better than expected, particularly in the u.s., but central bank tightening takes looking forward, the jury is still out on inflation, but that recession risk remains significant. tom: critical question for pimco -- and it is not only the heritage from bill mohammed and the great call you made a number of years ago -- you have got the advantage of the former vice chairman richard clarida darkens the door. i can see balls and clarida in a debate on where we will read start -- restart. do you sense, within all the great work that you do, that we will reset in a new rate regime, something we have never experienced before? andrew: i think it is an interesting debate. rich and i tend to agree on this point, that as you look forward beyond this inflation episode, the cyclical rise in policy rates we have seen, there is good reasons to think our star mutual rates are at the lowest levels we have seen for the last several years. we will see this in the fed's projections this week, but chances are the fed will also see 2.5% as their long dodge. compare the 4.5% for the 10 y

the russian federation central bank -- neil: donald trump would take them out.ty -- >> they understand that. it gets resolved. neil: you seem to be that he's going to be the republican nominee and post bear you out but can he when the general election? >> interest rates, my kids age can't afford to purchase a house. in california where i spent a lot of time, and looking at the record of bidenomics versus high stock market and low inflation and make a decision, a republican if donald trump -- neil: dealing with all the other stuff that comes with it. with donald trump and all the controversy, some -- to you by that? >> i don't, you can look at the abraham accords and nato paying their fair share, peace in the middle east and russia not invading ukraine, china not threatening taiwan. all the things that happened under trump, we are saying the opposite. neil: people say calm down. >> peace through strength works. america is going to win these conflicts but whoever wins first wins. i wish the by administration would adopt those policies. neil: looking at a future na

take another leap sky with europe and central bank has announced its 10th rates time in a row and investigate why this one matches germany's trades with india research. and we'll look at the roles, the warren ukraine, at the tensions with china refined cycling of plastic waste from them. hey, how india x style factories and setting old fossils. it's in the state of a business. i'm a box invalid and welcome to the fact that they are grand central bank has hiked it's key interest rates for the 10th consecutive time in a row and now stands at 4 percent as press conference following the decision. you see the president christine my god, pointers to persistently high inflation in the your as i, as the basis for the decisions. and they have comes and made a we can economic outlaws in your past, businesses and consumers struggle with high prices of more and this time during the industry to invite you to a business or both and not just respond. next thing with this method. so um, you know, just focus through this issue yes or no, the right side by the cd. but why does this will matter? will drop, i ca