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Jul 10, 2024
07/24
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IRINN
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eye 18
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international central bank is present, as well as mr. amiri, a transaction consultant first of all, the president with whom we will talk , i will start the conversation with you while saying hello to myself and the second. one country is the first monetary agreement between iran and russia to eliminate the dollar and work with our local currencies . the two countries have taken steps to implement this agreement and provided the necessary infrastructure. to us, there are measures that should be taken in the currency and gold exchange center if the table is made in offshore rial or cross-border rial. the connection of mircea card network to iran's shatab network from the first week of september is one of the clauses of this agreement. in addition, iranian cards can be used in atms in russia. this plan or project has three stages. the second stage is that russian cards will be usable in iran , and the third stage is that our accelerated cards and accelerated cards will also be usable in the so-called network in their store acceptors. with t
international central bank is present, as well as mr. amiri, a transaction consultant first of all, the president with whom we will talk , i will start the conversation with you while saying hello to myself and the second. one country is the first monetary agreement between iran and russia to eliminate the dollar and work with our local currencies . the two countries have taken steps to implement this agreement and provided the necessary infrastructure. to us, there are measures that should be...
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Jul 11, 2024
07/24
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IRINN
tv
eye 25
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according to the announcement of the international vice president, the central bank of iran gave its rial to russia in the amount of one billion dollars to make its economy unsanctioned, and it was delivered to us in the amount of rubles. the method of implementing it with the member countries of shanghai brics and eurasia is one of the other commercial goals of iran. we already have to supply width for all our imports from russia we used to shop. even if we wanted to do it with ruble, we should have foreign exchange resources to convert it into ruble and import it from russia. development of bilateral monetary agreements between iran and russia in the amount of one billion dollars. it means that the central bank of russia has a rial account in iran. we did it and we did it and we in russia first have ruble accounts and do transactions in rubles and rials in our deputy fim accounts, but making the economy unsanctioned does not end with the creation of monetary agreements , but with the creation of a trade balance. and adaptation of the territorial map and commercial is another anti-s
according to the announcement of the international vice president, the central bank of iran gave its rial to russia in the amount of one billion dollars to make its economy unsanctioned, and it was delivered to us in the amount of rubles. the method of implementing it with the member countries of shanghai brics and eurasia is one of the other commercial goals of iran. we already have to supply width for all our imports from russia we used to shop. even if we wanted to do it with ruble, we...
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Jul 12, 2024
07/24
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IRINN
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eye 14
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according to the statement of the international vice president of the central bank of iran, sada and sima news agency gave russia one billion dollars in rials to make its economy unsanctionable, and we received rubles in exchange for that. implementing it with the member countries of shanghai brics and eurasia is one of iran's other commercial goals. we used to have to supply width for all our imports from russia and buy it even if we wanted to do it with rubles. must. we had foreign exchange resources that we could convert into russian and import from russia . development of bilateral monetary agreements between iran and russia in the amount of one billion dollars. that is , the central bank of russia opens a rial account in iran . but making the economy unsanctionable does not end with the creation of monetary agreements, but the creation of a trade balance and so on. or vice versa, where you have a large volume of imports , you can export to that country where you have a large volume of imports you should have a balance through which an official payment system can be created in ir
according to the statement of the international vice president of the central bank of iran, sada and sima news agency gave russia one billion dollars in rials to make its economy unsanctionable, and we received rubles in exchange for that. implementing it with the member countries of shanghai brics and eurasia is one of iran's other commercial goals. we used to have to supply width for all our imports from russia and buy it even if we wanted to do it with rubles. must. we had foreign exchange...
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Jul 17, 2024
07/24
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IRINN
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invitation to brics bank members to attend the international exhibition of iran's financial industry. the central bank of iran has invited members of the brics new development bank to participate in the 16th international exhibition of the financial industry of iran. a member of the digital economy group of the presidential development and cooperation center said that this invitation was made with the aim of introducing the country's monetary and financial capabilities and creating infrastructure for practical interactions with this bank. the 16th event of iran's first financial industry the international competition of the country's new financial technologies will be held in tehran from august 19 to 22. the purpose of holding the financial industry exhibition and the first international competition of new financial technologies in tehran is to solve the challenges of the financial sector, the stock market, insurance banks and to achieve sustainable economic growth and development around innovation in the country. it has been stated that the manager of derivatives market and commodity funds of th
invitation to brics bank members to attend the international exhibition of iran's financial industry. the central bank of iran has invited members of the brics new development bank to participate in the 16th international exhibition of the financial industry of iran. a member of the digital economy group of the presidential development and cooperation center said that this invitation was made with the aim of introducing the country's monetary and financial capabilities and creating...
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Jul 14, 2024
07/24
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IRINN
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invitation of brics bank members to participate in the international exhibition of iran's financial industry central bank of iran has invited the members of the new development bank of brics to participate in the 16th international exhibition of iran's financial industry. rahimi, a member of the digital economy group of the presidential center for cooperation, transformation and development, said: this invitation aims to introduce the monetary and financial capabilities of the country and create the infrastructure for operational interactions with this bank has been done. the 16th event of iran's financial industry, the first international competition of the country's new financial technologies from the 19th to the 22nd. august is held in tehran. the purpose of holding the financial industry exhibition and the first international competition of modern financial technologies in tehran is to solve the challenges of the financial sector, including the stock market, insurance banks and achieve sustainable economic growth and development around the axis of diversification in the country. iran's export to
invitation of brics bank members to participate in the international exhibition of iran's financial industry central bank of iran has invited the members of the new development bank of brics to participate in the 16th international exhibition of iran's financial industry. rahimi, a member of the digital economy group of the presidential center for cooperation, transformation and development, said: this invitation aims to introduce the monetary and financial capabilities of the country and...
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Jul 2, 2024
07/24
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RUSSIA24
tv
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telephone scammers from supposedly the ministry of internal affairs or the central bank and other manipulatorstions such as arson are elements of the information war waged against russia not only by kiev, but by the west, because recruiting equipment comes from mi-6 and the cia. this means that arsonists who fall for the bait become accomplices. those who sleep and see terrorist attacks in our country, they have an unenviable fate in russia. anton botkovenko, fair punishment. the russian ministry of defense today officially confirmed the fact of a very effective strike by our high-precision weapons on a deep rear airfield mirgorod, poltava region of ukraine, where, judging by the slightly earlier published objective control footage , several ukrainian armed forces aircraft were irrevocably disabled. this, of course, is not an f-16 yet, but for those who are planning to. to supply kiev with american fighters, another unambiguous signal has probably already reached. details in the material by margarita semenyuk. ukrainian fighters left in broad daylight are an unforgivable oversight of the ukrai
telephone scammers from supposedly the ministry of internal affairs or the central bank and other manipulatorstions such as arson are elements of the information war waged against russia not only by kiev, but by the west, because recruiting equipment comes from mi-6 and the cia. this means that arsonists who fall for the bait become accomplices. those who sleep and see terrorist attacks in our country, they have an unenviable fate in russia. anton botkovenko, fair punishment. the russian...
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Jul 2, 2024
07/24
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RUSSIA24
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telephone scammers from supposedly the ministry of internal affairs or the central bank and other manipulatorsrovocations such as arson - these are elements of the information war that is being waged against russia not only by kiev, but also by the west, because the recruiting equipment comes from mi-6 and the cia, which means that arsonists who fall for the bait become accomplices of those who sleep and see terrorist attacks in our country, they have an unenviable fate in russia. “the russian defense ministry has officially confirmed the fact of a very effective strike by our high-precision weapons on the deep-throw airfield of mirgorod, poltava region of ukraine, where several ukrainian armed forces aircraft were irretrievably disabled. this, of course, is not yet an f-16, but for those who are going to supply american fighters probably received another unequivocal signal to kiev, as well as to ukrainian pilots, some of them, according to the latest statement the pentagon has already completed training in the united states and went to europe for further training." details at... ukrainian fig
telephone scammers from supposedly the ministry of internal affairs or the central bank and other manipulatorsrovocations such as arson - these are elements of the information war that is being waged against russia not only by kiev, but also by the west, because the recruiting equipment comes from mi-6 and the cia, which means that arsonists who fall for the bait become accomplices of those who sleep and see terrorist attacks in our country, they have an unenviable fate in russia. “the...
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Jul 3, 2024
07/24
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RUSSIA24
tv
eye 21
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telephone scammers from supposedly the ministry of internal affairs or the central bank and other manipulators as arson - these are elements of the information war waged against russia not only by kiev, but also by the west, because recruiting equipment comes from mi-6 and the cia , which means that arsonists who fall for the bait become accomplices of those who sleep and see terrorist attacks in our country; they have an unenviable fate in russia. and now about how regions of russia are fighting forest fires. thus, according to avilesokhrana, the largest number of fires is still in the trans-baikal territory (85). in yakutia, almost fifty fires are being extinguished, more than 185 have been burned. and in total , more than 5,000 people are involved in extinguishing the country, plus more than a thousand aircraft firefighters. we watch it to spend time with the children. russian cartoons and children's programs.
telephone scammers from supposedly the ministry of internal affairs or the central bank and other manipulators as arson - these are elements of the information war waged against russia not only by kiev, but also by the west, because recruiting equipment comes from mi-6 and the cia , which means that arsonists who fall for the bait become accomplices of those who sleep and see terrorist attacks in our country; they have an unenviable fate in russia. and now about how regions of russia are...
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Jul 7, 2024
07/24
by
IRINN
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eye 18
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mohsen karimi, international vice president of the central bank, mr. karimi, what actions have been taken with russia, the outcome of yesterday's talks , mr. farzin, and the announcement of this bilateral agreement has been paid in the name of allah, the most merciful, the most merciful. hello, i am at your service. the mutual and joint measures taken by the central banks of iran and russia started from almost the beginning of the 13th government, and by the grace of god, at the end of the 13th government, four important and strategic measures were on the agenda of the central banks of the two countries. his action already atla the banks of the two countries had established brokerage relations with the national currency, the commercial banks and the banking messenger infrastructures of the two countries, both sepam and spfs, well, they were connected last year, so all iranian banks are connected to all banks. russians have the possibility of exchanging standard banking messages from e-hawala banki bervat and other standard banking messages, but this me
mohsen karimi, international vice president of the central bank, mr. karimi, what actions have been taken with russia, the outcome of yesterday's talks , mr. farzin, and the announcement of this bilateral agreement has been paid in the name of allah, the most merciful, the most merciful. hello, i am at your service. the mutual and joint measures taken by the central banks of iran and russia started from almost the beginning of the 13th government, and by the grace of god, at the end of the 13th...
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Jul 11, 2024
07/24
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IRINN
tv
eye 17
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according to the announcement of the international vice president of the central bank, iran gave its rial to russia in the amount of one billion dollars to make the economy unsanctionable, and we in return. the ruble was taken over. the method of implementing it with the member countries of shanghai brics and eurasia is one of iran's other commercial goals. we used to have to provide a supply for all our imports from russia and buy from it, even if we wanted to do it with rubles as well. badim, we should have had foreign exchange resources at our disposal to convert it into rubles and import gunpowder from russia. the development of bilateral monetary agreements between iran and russia in the amount of one billion dollars means that the central bank of russia opens a rial account in iran . we do ruble and rial, but making the economy unsanctionable does not end with the creation of monetary agreements, but the creation of a trade balance and the adaptation of the horizontal and commercial map is another anti-sanction solution, that is, sir , you can export from the same country where
according to the announcement of the international vice president of the central bank, iran gave its rial to russia in the amount of one billion dollars to make the economy unsanctionable, and we in return. the ruble was taken over. the method of implementing it with the member countries of shanghai brics and eurasia is one of iran's other commercial goals. we used to have to provide a supply for all our imports from russia and buy from it, even if we wanted to do it with rubles as well. badim,...
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27
Jul 7, 2024
07/24
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IRINN
tv
eye 27
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mohsen karimi, international vice president of the central bank. mr. karimi, what actions have been taken with russia, the outcome of mr. farzin's yesterday's speech and the announcement of this bilateral agreement has become monetary. hello, i am at your service . well, the mutual and joint measures taken by the central banks of iran and russia started almost from the beginning of the 13th government, and well. by the grace of god , it came to an end at the end of the 13th government. the central banks of the two countries had four important and strategic measures on their agenda, two of which had already been announced. the banks of the two countries have established brokerage and national currency relations between the commercial banks and the banking messaging infrastructures of the two countries, as well as sepam and spfs, well , they were connected last year, so all banks iranian banks have the possibility to exchange standard banking messages with all russian banks, such as e-havala banki barwat and other standard banking messages. another impor
mohsen karimi, international vice president of the central bank. mr. karimi, what actions have been taken with russia, the outcome of mr. farzin's yesterday's speech and the announcement of this bilateral agreement has become monetary. hello, i am at your service . well, the mutual and joint measures taken by the central banks of iran and russia started almost from the beginning of the 13th government, and well. by the grace of god , it came to an end at the end of the 13th government. the...
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57
Jul 1, 2024
07/24
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CNBC
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. >>> the bank of international settlements is calling off for a interest rates moving too soon. the umbrella body for centralanks also warned that high levels of the government debt could threaten international markets with the elections around the world this year. speaking of the central banks, they will gather for the ecb forum and annette will be on the ground with the latest tomorrow. >>> from france to the uk, y arabile is covering another big story for us. >> silvia, we are three days away of what could be a massive political shift in polls in uk political history. we'll unpack the ramifications and preview it all for you next. i'm andrea, and this is why i switched to shopify. it gave me so much peace of mind. if we make a change, my site's not going to go down. and just knowing that i have a platform that we can rely on, that is gold to us. start your free trial today. what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. to duckdu
. >>> the bank of international settlements is calling off for a interest rates moving too soon. the umbrella body for centralanks also warned that high levels of the government debt could threaten international markets with the elections around the world this year. speaking of the central banks, they will gather for the ecb forum and annette will be on the ground with the latest tomorrow. >>> from france to the uk, y arabile is covering another big story for us. >>...
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21
Jul 10, 2024
07/24
by
IRINN
tv
eye 21
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karimi, the international vice president of the central bank , is also present, as well as mr. amini, the deputy advisor of al-olam. president, with whom we will talk, while saying hello to both the guests of the program , before i start the conversation with you , let's go to the report that my colleagues in the bank group of sed and sima news agency have prepared for the audience. let's go back to our conversation let's start with one country, the first monetary agreement between iran and russia, remove the dollar , work with our local currencies, the two countries have taken measures to make this agreement operational and provide the necessary infrastructure . bast should be done in the currency and gold exchange center with the opening of the offshore rial or border rial board. connecting russia's karti mir network to iran's shatab network from the first week of september is one of the clauses of this agreement. in addition , iranian cards can be used in atms in russia . this plan or project has three stages. the level the second is that russian cards will be usable in iran
karimi, the international vice president of the central bank , is also present, as well as mr. amini, the deputy advisor of al-olam. president, with whom we will talk, while saying hello to both the guests of the program , before i start the conversation with you , let's go to the report that my colleagues in the bank group of sed and sima news agency have prepared for the audience. let's go back to our conversation let's start with one country, the first monetary agreement between iran and...
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9.0
Jul 25, 2024
07/24
by
RUSSIA24
tv
eye 9
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financial organizations must reconcile recipients’ accounts with databases data from the central bank and the ministry of internal there is a coincidence , suspend the suspicious transaction for 2 days, even if there are repeated attempts to carry it out. also, in this case, the bank is obliged to inform the client that they are trying to deceive him. if the financial organization ignores this procedure and carries out the transfer, then, at the request of the victim, it will be obliged to compensate the stolen amount within 30 days. the central bank says that the new measures will further protect people from scammers. this is a very important and socially significant law, because the obligation to repay money this applies even to those cases when a person himself , under the influence of fraudsters, performs an operation. and now there are many such cases of deception. the bank of russia will monitor how credit institutions comply with the law. we will also continue to improve the rules for banks to reduce the time during which the victim's bank must transmit information about the accounts of the fraudsters to t
financial organizations must reconcile recipients’ accounts with databases data from the central bank and the ministry of internal there is a coincidence , suspend the suspicious transaction for 2 days, even if there are repeated attempts to carry it out. also, in this case, the bank is obliged to inform the client that they are trying to deceive him. if the financial organization ignores this procedure and carries out the transfer, then, at the request of the victim, it will be obliged to...
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13
Jul 25, 2024
07/24
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RUSSIA24
tv
eye 13
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financial organizations must check recipients’ accounts with the databases of the central bank and the ministry of internalnd, if there is a match , suspend a suspicious transaction for 2 days, even if there are repeated attempts conduct. also, in this case, the bank is obliged to inform the client that they are trying to deceive him. if the financial institution ignores this procedure and performs the transfer, then, at the request of the victim, it will be obliged to do so within 30 days. because the obligation to reimburse the money is a very important and socially significant law, it applies even to those cases when a person himself , under the influence of fraudsters, performs a transaction, and there are now many such cases of deception. the bank of russia will monitor how credit institutions comply with the law. also we we will continue to improve the rules for banks to reduce the time. during which the victim’s bank must transmit information about the fraudsters’ accounts to the database. however, if the client insists on completing the payment after 2 days, the bank will fulfill it, but will no lo
financial organizations must check recipients’ accounts with the databases of the central bank and the ministry of internalnd, if there is a match , suspend a suspicious transaction for 2 days, even if there are repeated attempts conduct. also, in this case, the bank is obliged to inform the client that they are trying to deceive him. if the financial institution ignores this procedure and performs the transfer, then, at the request of the victim, it will be obliged to do so within 30 days....
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6.0
Jul 31, 2024
07/24
by
RUSSIA24
tv
eye 6
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, if the recipient’s bank account is on the black list maintained by the central bank and supplemented by the ministry of internal navigate the situation. even if the victim gives his consent to the transfer, the bank still... holds it for 2 days, but even if after during the cooling period, the client insists and wants to make a transfer to a suspicious account, then the bank is obliged to do this, then all responsibility is removed from it. the presence of an account in a special list is only one of the signs of suspicious transactions; there are six of them according to the central bank’s criteria. banks must take into account the technical features of the devices; if the device is similar to the one from which fraud has already been committed, then this is also a reason to freeze the transfer. and finally, the client’s transaction profile will be taken into account, that is, for example, if almost all expenses from the account in stores during business hours, then the transfer of a large amount in the middle of the night to an individual will probably be marked as suspicious and rejected. or, before the trans
, if the recipient’s bank account is on the black list maintained by the central bank and supplemented by the ministry of internal navigate the situation. even if the victim gives his consent to the transfer, the bank still... holds it for 2 days, but even if after during the cooling period, the client insists and wants to make a transfer to a suspicious account, then the bank is obliged to do this, then all responsibility is removed from it. the presence of an account in a special list is...
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Jul 5, 2024
07/24
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RUSSIA24
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eye 15
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the information system of the central bank of the ministry of internal affairs interacts with this systeml processes have been worked out. in our opinion, what remains is practical implementation. the european union intends to fine the social network x, formerly called twitter, by the end of the year. according to bloomberg, you will have to pay 6% of its global profits. elon musk's company is accused of violation of new content control rules. the eu now requires operators of internet platforms to remove data it labels as prohibited. this must be done at the level of algorithms without judicial decisions. one example of such content was footage of a hamas attack on. israel last october. social network x distributed them freely. the company will receive its last official warning before the end of july, and then it will face a fine. saudi arabia cut august oil prices for asia by 60 cents per barrel. this is a third less than the discount that experts interviewed by bloomberg expected. they were counting on 90 cents. such hopes are associated with the latest opec plus meeting, at which a num
the information system of the central bank of the ministry of internal affairs interacts with this systeml processes have been worked out. in our opinion, what remains is practical implementation. the european union intends to fine the social network x, formerly called twitter, by the end of the year. according to bloomberg, you will have to pay 6% of its global profits. elon musk's company is accused of violation of new content control rules. the eu now requires operators of internet platforms...
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52
Jul 10, 2024
07/24
by
BLOOMBERG
tv
eye 52
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central banks was much less respected back then. all the more credit to paul volcker for having the courage to do it. that has internalized a lesson for people in central banking these days. we understand that. we are committed to bringing inflation sustainably down to 2%. rep. lucas: one last question in my remaining seconds. you and the leadership at the fed will be there the day before the election, will be there the day after, still the same people, carefully watching the fed's possibilities? chair powell: this is my fourth presidential election at the fed. we will come to work the next day and do our jobs. rep. mchenry: the gentleman from california, mr. sherman. rep. sherman: coming out of covid, everyone said a soft landing was impossible and a soft landing was -- recession was inevitable. i want to congratulate you. looks like we have seen a soft landing. we continue to have historically low unemployment rates, and historically low unemployment rate for people of color. in the last 18 months, we have seen a 4.7-point decline in the inflation rate as measured by the consumer price index. is that the greatest declin
central banks was much less respected back then. all the more credit to paul volcker for having the courage to do it. that has internalized a lesson for people in central banking these days. we understand that. we are committed to bringing inflation sustainably down to 2%. rep. lucas: one last question in my remaining seconds. you and the leadership at the fed will be there the day before the election, will be there the day after, still the same people, carefully watching the fed's...
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49
Jul 2, 2024
07/24
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BLOOMBERG
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if you had table of countries of latin america, you would find the models internally used by their own central banks, in some cases are higher. in some cases they are going lower. the question is, what is the short-term view and what is the long-term view as chairman jay described? what is the structural reason for the neutral rate in brazil to be so high? 4.5% is high. a lot of it has structural elements from the past. it has intensified during the pandemic stop you could talk about the amount of subsidized credits. you can talk about this rejection -- trajectory of the debt. when you look to productivity, one thing people talk about is the need for raising money. sometimes the adjustment is done on the revenue side. when you do that on the revenue side, if you look at emerging market countries and even some advanced economies you go back and tax capital more than labor. it is hard to tax labor coming out of the pandemic. this has been happening for a while now. you introduce another element. when you look at the causes of the neutral rate to be so high structurally, that is what we need to work on
if you had table of countries of latin america, you would find the models internally used by their own central banks, in some cases are higher. in some cases they are going lower. the question is, what is the short-term view and what is the long-term view as chairman jay described? what is the structural reason for the neutral rate in brazil to be so high? 4.5% is high. a lot of it has structural elements from the past. it has intensified during the pandemic stop you could talk about the amount...
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62
Jul 30, 2024
07/24
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CNBC
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international market fund. less opportunity is in japan. the stocks are more expensive than they have been and europe central banks are raising rates. cus on international would be europe. we also think emerging markets should be okay. >> i have to ask about the u.s. right now. mega cap tech earnings coming up. microsoft coming up today. what is your view with the mag seven and mega cap tech trade? where do you stand with that right now? >> we like a lot of the companies. we own a lot of the companies. our expectations going forward are a lot more measured. we think they should do fine. there are lots of other areas in the market that would be better. in terms of microsoft, before they had a significant pull back, we feel the business is good. if they can have a good quarter with a little bit expectation, you could see a bounce in that stock. however, things are so volatile in the mag seven, we would not buy in front of it. >> you say you would not buy in front of the earnings. let's say earnings come in better than expected. in your mind, is that time to trim or do you continue to take the ride? >> we which continue to hold microsof
international market fund. less opportunity is in japan. the stocks are more expensive than they have been and europe central banks are raising rates. cus on international would be europe. we also think emerging markets should be okay. >> i have to ask about the u.s. right now. mega cap tech earnings coming up. microsoft coming up today. what is your view with the mag seven and mega cap tech trade? where do you stand with that right now? >> we like a lot of the companies. we own a...
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19
Jul 17, 2024
07/24
by
NTV
tv
eye 19
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banking, services, and international payments. it is important for us in russia, as they say, not to miss the moment. certainly. by the centralk in august last year. we are talking about a test trial using digital ruble in fact, this is another form of our national currency. its peculiarity is that citizens and businesses can use the digital one. rubles, regardless of which bank they have an account with. the pilot project involved 12 banks, several hundred individuals and trade enterprises from eleven cities. in general, everything worked fine, and we can begin to implement the digital ruble more widely. this is the same ruble, backed by all state property, like paper money or already the usual plastic, that is, cards, but the digital ruble exists in the form of a computer code that cannot be hacked, but... according to the ministry of energy in russia , 16 billion kilowatt-hours are spent annually for these purposes, that is, almost 15% of the total. irkutsk in the caucasus, miners often connect to power lines illegally and do not pay for electricity. obviously, if there is no free power, if it is selected by the so-called
banking, services, and international payments. it is important for us in russia, as they say, not to miss the moment. certainly. by the centralk in august last year. we are talking about a test trial using digital ruble in fact, this is another form of our national currency. its peculiarity is that citizens and businesses can use the digital one. rubles, regardless of which bank they have an account with. the pilot project involved 12 banks, several hundred individuals and trade enterprises...
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48
Jul 1, 2024
07/24
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BBCNEWS
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eye 48
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the bank for international settlements said the global economy is looking set for a "smooth landing" but warned that the financial system remains vulnerable. urging centralrest rate cuts as rash moves could reignite inflationary pressures. for more on this, i'm joined by markets analyst craig erlam. hello there to you. when they say hi bar, what they say in this report? do they sit it out for us? , ., ., , for us? they are not entirely specifie- _ for us? they are not entirely specifie- i — for us? they are not entirely specific. i think _ for us? they are not entirely specific. i think what - for us? they are not entirely specific. i think what they i for us? they are not entirely| specific. i think what they are trying to really push through is that there is a strong appetite now around central banks for them to start cutting interest rates because inflation is coming back to more sustainable levels. this is basically a warning that while we are close, and the uk were there, there is still inflationary pressures within a system, particularly around services, which tends to have a more sustainable impact. so they are trying to warn central backs not to be
the bank for international settlements said the global economy is looking set for a "smooth landing" but warned that the financial system remains vulnerable. urging centralrest rate cuts as rash moves could reignite inflationary pressures. for more on this, i'm joined by markets analyst craig erlam. hello there to you. when they say hi bar, what they say in this report? do they sit it out for us? , ., ., , for us? they are not entirely specifie- _ for us? they are not entirely...
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Jul 29, 2024
07/24
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RUSSIA24
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emphasizing that according to its own and international standards, switzerland does not even have the right to receive any special income from the assets of our central bank. simply put, the country is not going to help ukraine bypassing the law; this will allow it to preserve its reputation and also avoid economic risks, experts say. meanwhile, in switzerland , the bank of russia now has frozen assets worth almost $8 billion. to me. the european union is concerned that it will not be able to achieve independence from russian gas. a member of the european parliament from the netherlands complained to the european commission that despite the sanctions, in may the eu imported a third more fuel from our country than in september 2020. according to him according to him, due to the attractive price, no one wants to look for new suppliers. such decisions make it impossible in the short term to achieve the goal set by the commission - to become independent from russian gas. 2027. in the longer term, we risk falling back into the same trap we were in before 2022. the european commission demands that cyprus return more than 68.5 million euros due to the disruption
emphasizing that according to its own and international standards, switzerland does not even have the right to receive any special income from the assets of our central bank. simply put, the country is not going to help ukraine bypassing the law; this will allow it to preserve its reputation and also avoid economic risks, experts say. meanwhile, in switzerland , the bank of russia now has frozen assets worth almost $8 billion. to me. the european union is concerned that it will not be able to...
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restrictions, since both the world bank and the international monetary fund have improved forecasts for the russian economy more than once this year, the head of the centralion. it is important for us to comprehend the current situation and understand that this is a long race, this is not a short distance, but truly a marathon distance, and over rough terrain. with obstacles, i i would now highlight three types of restrictions, they are interconnected: this is the labor force, the situation shows us that we can no longer grow extensively and growth can only be due to labor productivity, and labor productivity is technology, and for us the limitation is access to technology, our own technological development, and for all this, of course, we need investments, we need... probably, great skills are not particularly required, but, strangely enough, nevertheless, 110,000 workers work for the troops, and of course, the most problematic is precisely the segment of qualified personnel, and the working personnel, i mean the working personnel, here in our country, for example, there are only 30 to 40 titanium welders left in our entire country, so personnel training
restrictions, since both the world bank and the international monetary fund have improved forecasts for the russian economy more than once this year, the head of the centralion. it is important for us to comprehend the current situation and understand that this is a long race, this is not a short distance, but truly a marathon distance, and over rough terrain. with obstacles, i i would now highlight three types of restrictions, they are interconnected: this is the labor force, the situation...
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Jul 29, 2024
07/24
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RUSSIA24
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emphasized that, according to its own and international standards, switzerland does not even have the right to receive any special income from the assets of our central bankcountry is not going to help ukraine by circumventing the law. this will allow. she can maintain her reputation and also avoid economic risks, experts say. meanwhile, in switzerland the bank of russia has now frozen assets worth almost $8 billion. the hungarian ministry of foreign affairs declared the hypocrisy of the polish authorities, because warsaw, despite criticism of the import of russian oil, continues to purchase it. at the same time, the foreign ministry emphasized that there is nothing wrong with the supplies, this is not a reason for accusations. the current polish government criticizes and blames us. in the import of oil from russia, which is necessary for the functioning of the country, but if we carefully look at the list of clients of one of the largest russian oil refineries, we will find poles in it. for a long time we endured the provocations and hypocrisy of the current polish government, trying to preserve the polish-hungarian brotherhood, but now our patience has
emphasized that, according to its own and international standards, switzerland does not even have the right to receive any special income from the assets of our central bankcountry is not going to help ukraine by circumventing the law. this will allow. she can maintain her reputation and also avoid economic risks, experts say. meanwhile, in switzerland the bank of russia has now frozen assets worth almost $8 billion. the hungarian ministry of foreign affairs declared the hypocrisy of the polish...
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Jul 2, 2024
07/24
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a table of countries of latin america, you would find that at least the models internally used by their own central banks star going higher in brazil 3 to 4 and a half but in some cases going lower. what is the short-term view and long-term view as chairman jay described. and i think for us it's more like trying to understand what is the structure or reason for the neutral rate in brazil to be so high, 4.5%, is really high, and i think a lot of it has a lot of structural elements from the past, but it has intensified during the pandemic. and you could go and talk about the amount of subsidized credit and talk about the tra jek tour of the debt. when you look at productivity there's one thing not a lot of people talk about talk about in the need for raising money, sometimes the adjustment is done on the revenue side. when you do that just on the revenue side if you look at what's been done in emerging markets countries and some advanced economies, you tend to go back and cut more than labor. if you tax more capital than labor and this has been happening for a while globally especially in emerging markets,
a table of countries of latin america, you would find that at least the models internally used by their own central banks star going higher in brazil 3 to 4 and a half but in some cases going lower. what is the short-term view and long-term view as chairman jay described. and i think for us it's more like trying to understand what is the structure or reason for the neutral rate in brazil to be so high, 4.5%, is really high, and i think a lot of it has a lot of structural elements from the past,...
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Jul 10, 2024
07/24
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CSPAN3
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central banks was much less respect to correct them. all the more credit to paul volcker for having the courage to do it. that is an internalized lesson for people in central banking these days. we do understand that. we are committed to bringing inflation sustainably down to 2%. >> one last question in my remaining seconds. you and the leadership would be there the day before the election this fall and you will be there the day after the election, still be the same people carefully watching the responsibilities of the fed, correct? >> this is my fourth presidential election at the fed and i can tell you coming to work the next day, we do our jobs be >> twins time is expired. we now go to the gentleman from california, mr. sherman. >> coming out of covid-19, everyone said a soft landing was impossible and a recession was inevitable. i want to commend you and the administration. toxic we have seen a soft landing. we have continued to have historically low unemployment rates and historically low unemployment rates for people of color. and, in the last 18 months, we have seen a 4.7 point decline in the inflation rate as measured b
central banks was much less respect to correct them. all the more credit to paul volcker for having the courage to do it. that is an internalized lesson for people in central banking these days. we do understand that. we are committed to bringing inflation sustainably down to 2%. >> one last question in my remaining seconds. you and the leadership would be there the day before the election this fall and you will be there the day after the election, still be the same people carefully...
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skepticism, why is this necessary at all, our cards of international payment systems work perfectly, there was certainly skepticism, but why is the central bank one of the commercial players do this , well, history puts everything in its place, and i must say that we probably answered all three questions, why are we doing this, why are we doing this did what it gave us in the situation we faced, but when we talk about some other such... in structural, centralized decisions, of course, some of the participants always try to interpret that we are trying to enter into the commercial activities of commercial players which is wrong for one simple reason: the central bank cannot and should not serve clients, that is, servicing clients, individuals, legal entities, has been and will be provided by banks or financial market participants depending on the operations, trying to say that the central bank has become a commercial... player, to put it mildly, incorrect, because it inherently cannot become a commercial player, what a central bank should and can do is create an equally remote infrastructure when all participants can use it services, and by al
skepticism, why is this necessary at all, our cards of international payment systems work perfectly, there was certainly skepticism, but why is the central bank one of the commercial players do this , well, history puts everything in its place, and i must say that we probably answered all three questions, why are we doing this, why are we doing this did what it gave us in the situation we faced, but when we talk about some other such... in structural, centralized decisions, of course, some of...
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Jul 25, 2024
07/24
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international agency muts has raised turkey’s credit rating, and by two levels at once. from b3 to b1. the main reason for the revision is ankara's return to more traditional monetary management. turkish central bank to a tight monetary policy, albeit slowly, it is possible to correct macroeconomic imbalances. the establishment of a minimum tax rate for business was also a stabilizer. 10%. the implementation of the investment project in the sanatorium and resort sector of the krasnodar territory will create more than 25 thousand new jobs and increase the number of rooms at resorts by 42,000 rooms by 2032. over the past 6 years, the volume of investment in the industry has increased 37 times. in total , according to the results of last year, tourist flow to the region reached a record high - 18.5 million vacationers. they were new like that. economy, have a nice day and see you on the air.
international agency muts has raised turkey’s credit rating, and by two levels at once. from b3 to b1. the main reason for the revision is ankara's return to more traditional monetary management. turkish central bank to a tight monetary policy, albeit slowly, it is possible to correct macroeconomic imbalances. the establishment of a minimum tax rate for business was also a stabilizer. 10%. the implementation of the investment project in the sanatorium and resort sector of the krasnodar...
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Jul 27, 2024
07/24
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ESPRESO
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them below the amount below that set by the international monetary fund, which is considered the poverty level, you know, on biulin, the head of the central bankrussia, there said that there are very bad forecasts, stagnation of the economy, stagflation, and they raise the constant rate, because there is also a credit boom and an overheated economy , the most in the last 16 or so years, and that in the long run it will all be stagnation, well, in a word, there are many such bad things, and now the real situation in the economy in the last the year of the russian federation from... salaries increased by 25% on average, the economy shows serious growth, yes, it rushes into tanks, the tanks then burn at the front, and russia does not become. i'm getting rich because of that, but nevertheless, russians just live better now than a year ago, that's it all the same, it does not correspond to reality, regarding the fact that they live better, but there is a certain manipulation, including with statistics, and when there is manipulation in what, relatively speaking, there is moscow, there is st. petersburg, there are big cities and there is the whole o
them below the amount below that set by the international monetary fund, which is considered the poverty level, you know, on biulin, the head of the central bankrussia, there said that there are very bad forecasts, stagnation of the economy, stagflation, and they raise the constant rate, because there is also a credit boom and an overheated economy , the most in the last 16 or so years, and that in the long run it will all be stagnation, well, in a word, there are many such bad things, and now...
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Jul 24, 2024
07/24
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assuming a bit of a zero to one moment, that by 2050, 10% of international trade is denominated in bitcoin. 5% of domestic trade, and that central banks initiate a position in bitcoin at a roughly 2% weight. central banks have a 22% weight in gold, so this is not a huge lift. we don't think that these -- >> this is the argument bill miller made, if you get anything approaching gold, it's quite bullish. what is the fundamental argument for a bitcoin national reserve, whatever the term may be, even as someone who understands why people use bitcoin, who is the idea of a u.s. national reserve of it? what does that achieve other than incentivizing mining here and so forth? >> well, that's a good reason. if we don't do it, our trading counterparties will. thatbitcoin production is reliant on low cost energy, and it is in the nation's interest to be energy dominant. so there are a number of countries that have a significant source of energy that they can use -- >> we want to get to that 21 million first. there's how many left, two to three million left, so we want the u.s. to mine as many possible to capture the economic benefit? >> correct.
assuming a bit of a zero to one moment, that by 2050, 10% of international trade is denominated in bitcoin. 5% of domestic trade, and that central banks initiate a position in bitcoin at a roughly 2% weight. central banks have a 22% weight in gold, so this is not a huge lift. we don't think that these -- >> this is the argument bill miller made, if you get anything approaching gold, it's quite bullish. what is the fundamental argument for a bitcoin national reserve, whatever the term may...
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Jul 28, 2024
07/24
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ESPRESO
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explained that in accordance with international obligations and legislation, the country cannot generate any extraordinary income from the funds of the russian central bank. as of april, the total value of these assets frozen in switzerland was more than 7 billion francs, not counting that. funds belonging to individuals or companies associated with russia. let me remind you that on july 26 , the european union announced the allocation of 1.5 billion dollars of euros for aid to ukraine, this is the first contribution from the profits received from frozen russian assets. for the third year in a row, he is looking for the son of anzhel nepochatov from kropyvnytskyi, the defender went missing during the hostilities in the kharkiv region. keep. creativity helps a woman, painting gives a resource to live and hope. our journalists know the mother's story. the history of this picture, well... unfortunately, it is not as good as we would like, it was written at the moment when our city was coming under rechist shelling and sat, worked, and there were such explosions, angela nepochatova worked in trade all her life, she picked up a brush only two years ago, it is
explained that in accordance with international obligations and legislation, the country cannot generate any extraordinary income from the funds of the russian central bank. as of april, the total value of these assets frozen in switzerland was more than 7 billion francs, not counting that. funds belonging to individuals or companies associated with russia. let me remind you that on july 26 , the european union announced the allocation of 1.5 billion dollars of euros for aid to ukraine, this is...
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Jul 8, 2024
07/24
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IRINN
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electronic factoring and internal lc , we had very good connections that we can direct the country's liquidity resources to a limited extent towards productive economic sectors. the central bank of the islamic republic of iran from the beginning of this year until july 16, 1403 for the four main groups of medicine, commercial and import business. in exchange for exports and services , it has secured 19 billion and 368 million dollars in foreign currency. i am talking about this with mr. balsini, the spokesperson of the gold and silver exchange center iran, mr. balsini, hello, please tell me , in what headings, in what amount , and in what territories, this amount of currency was exchanged in the center of iran's width and gold exchange. yes, in the name of allah, the most merciful , the most merciful. greetings and courtesy to you and to the esteemed viewers. today in the iranian exchange center , the price of a dollar bill is 46,362 tomans, and a euro scan is traded for 5,198 tomans, and the price of a dirham note is 12,624 tomans. you said that what the central bank has done since the beginning of the year to provide foreign exchange for the country's import needs has reach
electronic factoring and internal lc , we had very good connections that we can direct the country's liquidity resources to a limited extent towards productive economic sectors. the central bank of the islamic republic of iran from the beginning of this year until july 16, 1403 for the four main groups of medicine, commercial and import business. in exchange for exports and services , it has secured 19 billion and 368 million dollars in foreign currency. i am talking about this with mr....
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Jul 26, 2024
07/24
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RUSSIA24
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internal affairs went to the scene. with emergency services and the military have been fighting the fire for several hours. now economic news. konstantin the central bankke a decision on the key rate today. what is the probability that it will be raised? large, since annual inflation turned out to be higher than the mega-regulator’s expectations. so, at today’s meeting, the bank of russia can immediately raise the key rate by 200 basis points to 18%. this is the market consensus forecast. annual inflation according to rosstat exceeded 9%. and the head of the central bank, ilvira nabeulina, previously spoke not only about a significant deviation of the indicator from the base scenario, but that pro-inflationary risks have already materialized. the bank of russia will be forced to respond to increased price pressure, but most experts consider a step of more than 2% inappropriate. let me remind you that today’s meeting of the board of directors of the central bank is pivotal, that is, the press release will be accompanied by the publication of a new medium-term forecast for inflation and gdp dynamics. these parameters are interconnected. acceleration of p
internal affairs went to the scene. with emergency services and the military have been fighting the fire for several hours. now economic news. konstantin the central bankke a decision on the key rate today. what is the probability that it will be raised? large, since annual inflation turned out to be higher than the mega-regulator’s expectations. so, at today’s meeting, the bank of russia can immediately raise the key rate by 200 basis points to 18%. this is the market consensus forecast....
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Jul 15, 2024
07/24
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ALJAZ
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international community, which still supports our addresses. they've been rallies in the many city of ties. we're supporting moves by the central bank targeting you to finance as the banks canceled the money transfer networks controlled by the group. it's old and private banks to move a headquarters to age and the temporary capital of the international recognize government, who's the levels large costs of human, but a truce between them. and the government has been in place for more than 2 years. as a reminder, no of the announcements in the post hall follow by donald trump on his website. truth social, he's named ohio, send it to j, the vons as his running mate for november's us presidential election. and just in the past few minutes from officially became the republican parties, presidential nominees and his home state of florida puts him over the top and the conventions, traditional role cool all states. i'm looking now at pictures coming from that republican national convention in milwaukee. i am eric's for about a and we continue to hear roll calls and some of the house keeping followings. that announcement. well that's it for
international community, which still supports our addresses. they've been rallies in the many city of ties. we're supporting moves by the central bank targeting you to finance as the banks canceled the money transfer networks controlled by the group. it's old and private banks to move a headquarters to age and the temporary capital of the international recognize government, who's the levels large costs of human, but a truce between them. and the government has been in place for more than 2...
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Jul 9, 2024
07/24
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CNBC
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central banks. >> i'm in lots of international discussions as part of my job and the story for the last two years the performance of the u.s. economy has been. and that's not a secret. you know, there's -- clearly the u.s. economy has performed very well compared to sort of our advanced economy colleagues. >> is there any countries in the world in the krthat has perform better. >> an advanced economy that has a central bank that performance better than us. >> none comes to mind. i think the answer would be no. >> thanks, senator tester. senator rounds of south dakota is recognized. >> thank you. >> first of all thanks for visiting with us. i just want to focus on two specific items. i'm going to start with basel iii end game discussion. i think senator scott did an excellent job of laying out concerns many of us have had with it. i think a lot of folks out there follow this and i know it's technical in nature but let me ask a specific question and you can kind of pick it apart for me, please. both you and vice chair barr have confirmed that there will be material changes to every risk line in the
central banks. >> i'm in lots of international discussions as part of my job and the story for the last two years the performance of the u.s. economy has been. and that's not a secret. you know, there's -- clearly the u.s. economy has performed very well compared to sort of our advanced economy colleagues. >> is there any countries in the world in the krthat has perform better. >> an advanced economy that has a central bank that performance better than us. >> none comes...
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9.0
Jul 12, 2024
07/24
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RUSSIA24
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finance of russia, the central bank of russia, together with partners in the association, are preparing a report by the leader of the countries brix on improving the internationall system, which will contain a list of initiatives and recommendations. the result of the report's elaboration may be the creation of a multilateral digital one. settlement and payment platform bricks bridge, that is, bricks bridge, which will help bring together the financial markets of the brits participating countries and increase mutual trade turnover, while digital currencies of the central banks of the countries of the association can be used, the rate of which will be tied to the value of national currencies. parliaments of russia, india will legislatively ensure the development of new programs agreed upon by the leaders of the two countries. vyacheslav volodin said this at a meeting with his indian counterpart on the sidelines of the brix parliamentary forum. the chairman of the state duma is confident that this summit will also give impetus to the development of interaction between moscow and newdeli. for us, india is a strategic partner; you know how close our state leaders a
finance of russia, the central bank of russia, together with partners in the association, are preparing a report by the leader of the countries brix on improving the internationall system, which will contain a list of initiatives and recommendations. the result of the report's elaboration may be the creation of a multilateral digital one. settlement and payment platform bricks bridge, that is, bricks bridge, which will help bring together the financial markets of the brits participating...
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Jul 12, 2024
07/24
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RUSSIA24
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of finance of russia, central bank of russia. together with partners in the association, they are preparing a report by the leader of the brix countries on improving internationalwill contain a list of initiatives and recommendations. the result of the study of the report may be the creation of a multilateral digital settlement and payment platform brix, bridge, that is. the development of new programs agreed upon by the leaders of the two countries, vyacheslav volodin said at a meeting with his indian counterpart on the sidelines of the brix parliamentary forum. the chairman of the state duma is confident that this summit will also give impetus to the development of interaction between moscow and new delhi. india is a strategic partner for us, you you know how close our state leaders are, in many respects precisely... their interaction allows us to actively develop relations between countries, mode visited our country, they talked with our president, many decisions have been made, in this regard, a lot of work awaits us on legislative support, adopted programs, and of course achieving the goals that were set by both mr. modea and vladimir putin. well, now to t
of finance of russia, central bank of russia. together with partners in the association, they are preparing a report by the leader of the brix countries on improving internationalwill contain a list of initiatives and recommendations. the result of the study of the report may be the creation of a multilateral digital settlement and payment platform brix, bridge, that is. the development of new programs agreed upon by the leaders of the two countries, vyacheslav volodin said at a meeting with...
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Jul 29, 2024
07/24
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IRINN
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security issues , our international relations issues, all of these should be in one club , that is, if it is built, the minister of economy, minister of industry , minister of the central bank, head of the ministry of foreign affairs, each to the issue of trade and the external interface is a kind of thinking that it remains the same as the car that every turn. on the one hand , the more gas the body leaves, the sooner it will go away, so now they are making a good offer in my opinion considering that the growth of our economic development depends on a set of actors, we must have a supra-departmental body that coordinates these , or we must have a foreign diplomacy council with the membership of the ministry of foreign affairs, the ministry of security , the ministry of the central bank. the security issues of the private sector , especially if there is a council under the supervision of the first vice president or national security, if this group is not coordinated, the minister of foreign affairs will go and negotiate, the central bank will say to mix everything up, or the minister should mix positions. if we want to work operationally, if we want to break if i want, ther
security issues , our international relations issues, all of these should be in one club , that is, if it is built, the minister of economy, minister of industry , minister of the central bank, head of the ministry of foreign affairs, each to the issue of trade and the external interface is a kind of thinking that it remains the same as the car that every turn. on the one hand , the more gas the body leaves, the sooner it will go away, so now they are making a good offer in my opinion...