a correspondent steve was announced by the chairman of the national bank of context and cannot do in the head of the weekly briefing at essential communication service on monday. according to him the growth of gross domestic product in the current year will amount to six percent according to preliminary estimates. inflation is expected to reach five percent. as a unit five percent the lowest rate of inflation in the history of kazakhstan means that the government together with the national bank received an efficient micro economic policy articulate a monetary one. catania exchange rate is stable that stood between one fifty two point seven one fifty four point three per dollar in november. this is a perfectly normal figures to buy chicken attests to the head of the national bank also explain why the previously announced release of the twenty thousand senior doe did not take place according to kill and be above it will not only affect the growth of devaluation expectations but also lead to inflation not to teach you. for example some product cost seventeen thousand seeing you today to

holding a large share of the nation's banking reserves and the power to act as lender oft resort. the act established the federal reserve order in washington guided a seven board members and provided for up to 12 reserve banks and there was a 20 year sunset provision on those banks to represent the regional economic interest and to courtney policy with the board. the federal reserve tank organization committee was formed in january of 1914 to select reserve bank locations and composed of the secretary treasury secretary maca do john scopes and william secretary of agriculture david houston. on april 2, 1914 after receiving proposals from 37 cities for visiting the 18 candidate cities the committee officially named locations of 12 federal reserve banks to serve in respective districts, the same ones we have today boston, new york philadelphia cleveland richmond atlanta chicago st. louis minneapolis kansas city dallas and san francisco. .. >> the closure of the

according to the national bank of the six towns during the first eleven months of twenty thirteen for the kazakhstan national currency fitting gift we can find two percent against the jewish scholar in november the exchange rate of the national conference he was changing in the corridor between one hundred and fifty two point seven two and one hundred and sixty four point three two for one use color as the bank has also reported that in the end of november two thousand and thirteen the exchange rate of the national currency was estimated one hundred and fifty three point six the team gets three us dollar and strengthened by zero point four percent in the swans. i cheated though he's old is that presently the regional currency that is isolated from the foreign market and the situation with our car and sees the same detained a strongly dependent on the expert positions talking about export positions and would like to know it's on to the face of development. this is why i would like to know that the rundle korea was its fourth fluctuations of the tangy exchange rate in twenty thirteen. i

, holding a large share of the nation's banking reserves and power to act as lender of lastort. the act established the federal reserve board in washington guided by seven board members, it also provided for up to 12 reserve banks, and there was a 20-year sunset provision on those banks to represent the regional economic interests and to coordinate oil with the board. the federal reserve bank organization committee was formed this january 1914 at select reserve bank locations, it was composed of the secretary of the treasury, john skelton williams, secretary of agriculture, david houston. on april 2, 1914, after receiving proposals from 37 cities and visiting 18 candidate stays, the committee officially named the locations of 12 federal reserve banks to serve their respective districts. the same ones we have today, boston, new york, philadelphia, cleveland, richmond, atlanta, chicago, st. louis, minneapolis, kansas city, dallas and san francisco. on august 10, 1914, members of the federal reserve board took the oath of office in washington, d.c. with charles hamlin as the go

i have to i have to disagree that foreign investment is important you use your own national bank for your own investment if you have to buy in technical. information and expertise that's another matter but you must never keep borrowing from abroad because ultimately that is going to be the source of your. rodney shakespeare great to hear thoughts on this very interesting perspective professor of binary economics live in london here in r.t. thanks. dancer at the bolshoi in two other defendants have been found guilty of a brutal acid attack on the russian companies theatre director the court handed down prison sentences for all three parties but democrats never reports now from moscow's bolshoi theater. a four hour sentence reading brought the curtain down on a month long trial and it has lost the ball so you feel you are leaving so who is behind bars reaching who has been given six years in prison and to dispel the defendant's will and ten years accordingly now the judge has also given be relied to certain villains to the last few weeks the miter change to house to be three point five

he really wanted it to be -- he wanted a national bank and the federal reserve really manages the banking system and the united states. so franklin, i think would have supported it. jefferson would have been appalled by. >> so what do we learn about either man or both men in this book that we didn't already know? is there something new you have uncovered? >> well, i think what i came to appreciate hamilton more as over the years as i worked on the book. and particularly i came to appreciate him because of his military service during the revolutionary war. he did serve throughout the war. he saw a lot of combat. he was in seven major battles. he lead a major attack at worktown, 5% of his men were died in that attack. but with jefferson, i think, what i came to understand was i think his fight was not just a fight over banks and funding the cet and that sort of thing. but i came to see that jefferson had a belief in the american revolution as something that would be a birthday of a new world. that would change the world. and he saw hamilton as blocking the american revolution and preventing

rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own really calling me for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got greece you've got iceland but you've got every country in the world is being chucked into increasing debt and all that happens is that they increase the levels of that and smash the populations down we need to revolt against this global financial system and in its own way iceland is setting a reasonable example thank you iceland the international monetary fund has criticizing us slanted government's policies saying there is little space left for additional debt relief measures and by leaving the insolvent banks to found for themselves the country's already laid down its biggest creditors and r.t. crew went to two of the biggest the u.k. and germany to gauge opinion. sounds great yeah. but just to get rid of your debt was perfect because then obviously you can spend that money was the real. thing he said he would help us families just

stringent conditions. >> but it will have to find four point 2 billion euros to plug holes in the national banks' balance sheets. >> slovenia's banks have billions of euros of that debt on their books, most of it issued during the country's boom years from the 1990's three 2008. then the crisis hit. now when the country's three largest state owned banks need a bailout to stay a float -- stay afloat. slovenia's by minister brought the good news to brussels. her government should be able to fund the bailout itself. the eu welcomed that. >> this is good news and demonstrates the paramount importance of decisive action by authorities and the fact that overall economic recovery of the eurozone is now solidly under way. >> the european commission is supporting slovenia's plans to set up a so-called bad and, which would take about 4.5 billion euros of the bad loans. that is both -- central to reestablishing trust in the system. the country's economy would be on a steady path to recovery. >> germany's chemicals industry has been holding its annual conference. it is a bellwether industry. if chemicals ar

consider this, the number of banks that are considered troubled are up to 7% of the nation's total. among the challenges all banks face, the continued low interest rate environment. >> we have normal interest rate, which makes it impossible for banks to do lending. to get a yield on the loan versus the cost of funds. to produce an attractive return. >> this profitability problem especially acute among smaller banks. why? many operate in the regions where the recovery is slow, hurting their business. with the focus on customers, their lending portfolio is less diverse and they may have fewer clients as the banking experts push them to approve loan quality. it may make it harder to make a buck. >> it is a good business if you have got the scale, the first time the size does matter. >> with bigger being better in banking these days, industry experts are expecting a pickup in mergers and acquisitions in small banks, shrinking their numbers could prove the cure for banks still ailing from the financial crisis. for nightly business report, i'm mary thompson. >>> the obama administration is

rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own really calling me for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got greece you've got iceland but you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need to revolt against this global financial system and in its own way iceland is setting a reasonable they will thank you. and r.t. who travel to the u.k. and germany find out what people there think of iceland's recovery plan and here is what we heard. i think it's a good thing we used to have laws in germany where you could get subsidies as a home owner you know but that's a thing of the past this is ok if you didn't get this i think for individual people it would be good news but not for the country you never know where the money comes from for such gifts but it will be very great to you everyone could buy a house. sounds great

in november twenty two of the national bank but nonetheless based on the new nets. by now it was recognized with respect to all of the well i have been the two. a whole. and then use the content of the people who are really nice. that too the acorn be auctioned to the community. i honor her. i find a stall is showing no signs of weakening in all your effort that was at least four people dead or missing britain's environment agency board of the risk of a stone was such a tent area has been deployed to protect london winds of up to two hundred and twenty km i love pummeled the east coast of scotland. a dissenting this laurie and killing the driver. as highway when his head for the consonant handbags and the agency said this was down to the fullest and school was with my east. the storm is also causing transport chaos with hundreds of flights canceled and rail networks shot down. as it reaches small line ends of the case if gemini the residents fear being cut off supply rates as water levels are rising higher than expected. in denmark a seventy two year old woman died

rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own use is for your own really calling me at for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got greece you've got iceland but you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of that and smashed.

you must rely on your own national bank. for your own new uses for your own with economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that when the priest of god christ and that you've got a free country in the well is being checked into the increasing debt. and all that happens is that they increase the levels of debt and smashed the populations down. we need every vote against this global financial system and in its own way iceland is testing ivory somebody is awful. thank you honest. international monetary fund has criticized the icelandic government policies saying those little space left for additional debt relief masters. and by leaving the insolvent banks to fend for themselves the country's already let down its biggest creditors the rt korea went to two of the biggest uk and germany to gauge opinion. australia wide what does it get it that was left of it has been obviously a span the miles males he said he was helpless families to skip that. heads of the dots of featured

area where the goldmining was done and is the most populous part of jofi joseph, this is first national bank stadium. soccer stadium, where the final game of the world cup was played in 2010. it was the last time nelson mandela made a public appearance. people are streaming in here. there's a lot of indian faces. and then we saw this face. this woman has come here from dong democratic republic of congo and when you heard that nelson mandela died you made in beautiful death. >> thank you very much. i'm staying here. i'm usually here. when i heard that he was admitted to the hospital i couldn't stay in congo. i came. it's a pleasure for me to be here >> you are not sad. people are not crying. >> no, i'm not crying because he lived a nice life. he's trying to educate these good ideas and values of freedom and democracy. he was hope to reach that. >> why are you here? why do you care? you're from congo. . >> no, nelson is not from congo or south africa. he's for all the planet. his ideas are especially for everybody. he is a good memory of nelson mandela. [ inaudible ] >> i have to ask you - thi

interior minister son's apartment and four point five million stashed in shoe boxes attorneys national bank ceo the crisis could lessen one's party's chances in local elections in march. and the prime minister's on being elected president in august i mean trips in a central african republic peacekeeping force to be redeployed from the capital kong a decision to miss the trips from funky comes amid charges that they have been siding with the form of cripple creek meantime earth as exchanges of gunfire had been head in pots of tea. as result french tanks have been deployed to the accord with a heavy gunfire is being reported from on the story. as the cost of funds bank as a cushion and his income via weekly is just pain in the city the second you say when you're out there a little of it. look at the wheel been too long. i'm only human cool girl the wounded to hospital the eight were included and mail reported the ship the arrival of an achievement what then happened. the lead up run. this is a transfer my lesson this evening. in the hope that in a district which people that will be on here th

comes with strings but it will have to find four point eight billion euro stood at kohl's and national banks and one sheets. with these banks billions of euros in baghdad on the books. most of it was issued during the country's boom years from the nineteen nineties to two goals and eight. then the crisis hit. no the country's three largest eagle in banks need a bailout we beat billion euros between them to stay afloat the exploding as prime minister brought the good news to brussels the government should be able to fund the bill itself the eu welcome that. this is good news and it demonstrates this paramount importance of decisive action by the authorities the fact that the airborne economic recovery of the year isn't it that somebody under way european commission is supporting sweeney has plans to set up a so called bad bank which would take around four point five billion euros of the bad loans. ten to three establishing trust in the system solutions for the new businesses will be safe in the country's economy will be on a steady path to recovery. germany's chemical industry has been holdin

already in place for example requiring bondholders to be bailed in to support the cost of a national bankingsystem. i can't i'm certain that in the future the cost to any tax payer is going to be lower than it has been in the past so there's no clear yes and no no because i mean not everybody has a bit of evidence is coming to tell us i think people who says want to know when it's only not i'm sure of the worst with the research. center of course the reason for that is that we're involved in a negotiation at the moment and you of all ask me to comment on something to opposition. for them that the irish people won't be asking a guarantee a step in and pick up the bail while every year for the private bank is what respect i never said that's what i was i'm saying it's not in the context of a fully functioning banking union that we want to see open running next year which will be a european banking union if dodd is in place the cost to national taxpayers regardless of whether their irish are not should be far smaller than it has been in the past and dot's why we are pursuing this find can you c

he was reported by the deputy chairman of the national bank. the singer lee ji ah calls from the recession of the senate related been planned to complete this work by the end of two thousand thirteen according to touch the ark of the rescheduling is connected with the audit which is now being conducted and pension funds. the transfer of the crude assets will be completed after the spotted at the end of the first quarter of two thousand fourteen then to invest in management will begin. in the book with requests for investing comes to total revenue has amounted to seven hundred and forty three million tt since the establishment of pension funds. it has increased by eleven point four percent since january first. this year who want all of pop them in the open. meanwhile the living wage in kazakhstan will not be increased to two thousand seventeen this amount would depend on the cost of goods at the time according to the minister of labour and social protection of the population proposals to align the structures of the living wage have already been

ma was hanged at the top the prison on thursday night the national bank's head of the ict had found him guilty infinity of maths batted in by the nation's independence all are. this appeal court had rejected his review petition last week. on monday supporters of the outside head of the market data and hives and cannot be funny stacey demonstration in commercial capital karachi let this man go up and put in the pool. i see the day it was good enough on that the dustbin in the movie which would only get a good look at the orphanage is too much of it was the model did not get this out in the uk ford will for mana pool will china. seven to ninety days had been found guilty by the ict for genocide. then bomb the bass then known as east pakistan. the legal expertise. over two hundred thousand women i meet and seventy million people a kid named among activists fought alongside the pakistan army contrasting on the national movement. the goal but their best offensive diplomats in the us has estimated that new delhi osteen american diplomats to set on the identity constitutes a band and their fam

you must rely on your own national bank for your only uses three aw and with economy and for the spreading and if you don't do that. he'll be trapped into debt in the same way that what the priest of god christ and that you've got a free country in the well is being checked into the increasing debt. all that happens is that they increase the levels of debt and smashed the populations down. we need a revolt against this global financial system and in its own way iceland is testing ivory somebody is awful. thank you aunt sue. international money to fund is criticizing his icelandic government's policy saying physical space transportation with debt relief measures. the money the news tells me thanks to fend for themselves the country's already that danny's because credit is not seek a un seat stay with the pike's the uk and can manage to get you in australia wide. what does it get credited to both the fed because then no vince lia to spend the money for males he said he was helpless families to skip that. heads of the deaths of ten coming up with next to christmas. buffy ended up with a few o

shakespeare who believes in iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own real economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got greece you've got iceland but you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need a revolt against this global financial system and in its own way iceland is setting a recent example thank you iceland. has shut down a major online black market on the web site read about the battle between rebels and drug dealers or cyber criminals still millions of dollars worth of big coins from a narcotics market place. plus eat what you know a poll shows an absolute majority of americans want products containing genetically modified ingredients to be labeled the government isn't listening more on r.t. dot com. for the bolshoi and two other defendants have been found guilty of a brutal acid attack on the russian companies

you must rely on your oven national bank for your only uses three awe of the economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that what the priest of god christ. but you've got a free country in the well is being checked into the increasing debt. oh but how can see is that they increased the levels of debt and smashed the populations down. we need a revolt against this global financial system and in its own way iceland is testing ivory somebody is awful. thank you honest. it's going i can shut down a major online black market. with so i read about the battle between rebels and drug dealers a cyber criminals to millions of dollars worth of fake coins from a non caustic smoky place. it's what you know the polish as the summit mority ofmericans wan a box containing genetically modified ingredients to the label the government isn't listening or not to go home. lee tells her the ball joined two other defendants of being found guilty of an oracle acid attack on the russian company says the director. the court handed down a prison sentences for al

rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own use is for your own really called m a i for the spreading and if you don't do that you'll be trapped into debt in the same way that what you've got greece you've got iceland but you've got every country in the world is being chucked into increasing debt and all that happens is that they increase the levels of that and smash the populations down we need a revolt against this global financial system and in its own way iceland is setting a reasonable that desirable thank you iceland. considered controversial by international lenders iceland's crisis breakaway plan is proving effective in helping people keep their hands above water but here's what happens when gov measures fail today nearly a quarter of the population live under the threat of poverty that's more than one hundred twenty million people and two of the latest additions to the blog bulgaria and romania find themselves topping the list of europe's poorest and even the founding states are now struggling more than ev

rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own real economy and for the spreading and if you don't do that you'll retracts into debt in the same way that where you got greece you've got iceland which you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need a revolt against this global financial system and in its own way iceland is setting a recent poll thank you iceland the international monetary fund has criticized the atlantic government's policies saying there is little space left for additional debt relief measures and by leaving the insolvent banks to fend for themselves the country's already let down its biggest creditors and our two crew went to two of the biggest the u.k. and germany to gauge opinion. great yeah. well just to get rid of you perfect because then obviously you can spend that money isn't real but certainly would help us families just go over the code so tha

the flow of humanitarian aid will not be affected here is a step closer to getting the supra national banking safety net in regulator and want a less than the holy grail of the eurozone prices in the anti union to make europe's banking system safer eu finance ministers say they are close to a deal on a central part of the land that after another long line of talks in brussels. the body would deal with banks that failed without cheating taxpayers with the bills france and germany have been at aunt's about how to find assistant and who should have the final say on shutting them down. not for us now said very many fine percent of the way there. all the ministers say the lane for a final deal next wednesday just in time for thursday's eu summit. so if there are ninety five percent there. what if they decided and what's in the last five percent. this question to our brussels correspondent to me yes interesting statistic that there were fourteen hours of talks overnight on this issue. what's agree broadly is that yes they should be an overarching ability to crack down on friday by a senior aide to

you must rely on your own national bank for your own uses for your own real economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got greece you've got iceland which you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need a revolt against this global financial system and in its own way iceland is setting a reasonable example thank you iceland all the staging because it's worlds apart at next. ukraine is in a tough spot right now trying to figure out whether to join the e.u. or the arrangements custom union it would be nice if they would you know maybe allow the populace to vote for their future via referendum but sadly it looks like the politicians will be making the historic decision i can see why some people want to look west and some people want to look east but i don't understand why so-called ukrainian nationalists want so desperately to join the e.u. first off any nationalist groups in the e.u. are aut

rodney shakespeare believes that iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own real economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that where you got greece you've got iceland which you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need a revolt against this global financial system and in its own way iceland is setting a reasonable example thank you iceland the international monetary fund has criticised the icelandic government policies saying there is little space left for additional debt relief measures the fund also claims that by leaving be insolvent banks to fend for themselves the country has already let down its biggest creditor us marty crew went to two of the biggest lenders the u.k. and germany to gauge opinion. great yeah. well just to get rid of you perfect because then obviously you could spend that money on some real. we certainly would help u

you must rely on your own national bank for your own uses for your own will economy for the spreading and if you don't do that you'll be trapped into debt in the same way that what you got greece you've got iceland but you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need to revolt against this global financial system and in its own way iceland is setting a reasonable example thank you iceland. now the international monetary fund is criticizing us lending government's policy saying there's a little space left for additional dad relief measures and by leaving the insolvent banks to fan for themselves the country's already locked down its biggest creditors and her one to two of the biggest the u.k. and germany to gauge opinion. sounds great yeah it was just to get rid of your debt was perfect because then obviously you can spend that money was the real. thing he said he was helpless families just total that so it's a chunk of money that could make a difference w

back to the fifth century bc in addition visitors can see the color of course in those of the national bank is also items of contemporary jewelry and applied arts of the cars and people presented at the exhibition. new look with those who didn't the exhibition does not have any specific purpose. it is just for people's information visitors can learn about the emergence of changing paper notes in the notes of the soviet union period and also they can learn more about the history of our national currency. students need to do. the latest news is that three got the dot cardstock that stevie got kate said. it's also seventeen el monte on to preview was participating in the business support program of dumb phone received a glance was sixty two mainly intended as part of the twenty twenty bees this road map program healers to apply for a month on to bring listening to seek the business advisor training made up of project development plan and send it to the canadian charge for consideration is an improved business climate center to see the council. this is a dentist from financing is providing two

the memorial service was held at first national bank stadium where mandela eva's first beach after being released from prison. despite being a memorial service and despite the rainy conditions to millwood at this teeny unless both joints and fast thousands of people came together and hearing the global message of reconciliation. several leaders in mandela's ballot as he speaks his preteen mandela to keep maintenance night. he lived a minivan this all fruit diet of this mason toward justice following two seats in the helmand ellis body will lie tuesday at the union buildings in pretoria for three games so citizens can pay their respects. he will then be buried on sunday in his ancestral village of killing you and the streak eight. says i mean i did onions. back in the nation after firing four thousand striking workers on monday korea's rail operator today let go of fifteen hundred additional railway workers for continuing to strike over suspected privatizing can plan and spike the battle put up by its union call rail nonetheless approved a controversial move to establish a new affiliate s

brunch is in the arm to reach in reference to the baby of the elements the regional branch of the national bank of kazakhstan capital's old days it has announced it is a but so were first twenty thirteen the total number of deposits exceeded sixty two points to the lynching gift which is one point four percent more than the previous quarter and twenty two point eight per cent higher than in the same period the year before. as of october first twenty thirteen and average size of the deposits were incompetent was estimated at over thirty one point seven billion to give. the population who should have wrinkles of deposits amounted to eighty nine point three percent or more than fifty five point nine beating team get his demand deposit there the weighted average rate of return for a national currency because it is estimated that seven percent and four point two per cent on foreign currency deposits the historic quarter of twenty thirteen pm on the loans the sheep for legal entities and individuals in the elements the region amounted to over one hundred and sixty two point five the main thing again

reassuring to dd to pump least by the national bank of kazakhstan the capital golf tees and peace to switch sides reports that the toll soulful the most bang for the loans given to the country's economy increased by one percent in october twenty thirteen and amounted to eleven trillion for two point four the leading team gave a sobering kazakhstan symbol of national currency loans increased by one percent and total seven million seven hundred and sixty eight point five p the anti gay and foreign currency loans grew by zero point nine percent to three trillion two hundred and seventy to be the anti gay position often get loans to remain the same compared to the previous months which was seventy point four percent in october a long term lending increased by zero point nine percent and amounted to a trillion nine hundred and ninety point two the alinta gas while short term lending grew by one point one percent to two trillion to two point three b need to get their share of long term loans decreased from forty one point five percent to forty one point four percent over the moms in octobe

rodney shakespeare believes iceland is setting a remarkable example you must rely on your own national bank for your own uses for your own real economy and for the spreading and if you don't do that you'll be trapped into debt in the same way that we got greece you've got iceland which you've got every country in the world is being tracked into increasing debt and all that happens is that they increase the levels of the debt and smash the populations down we need a revolt against this global financial system and in its own way iceland is setting a reasonable example thank you iceland. yes and in its latest move iceland says it is prepared to write off up to twenty four thousand euros from every household mortgage the international monetary fund isn't happy about that saying it leaves little space for additional debt relief measures but would other european citizens be happy for their tax money to be spent in that way r.t. has been gauging opinion in the u.k. and germany. great yeah. well just to get rid of your debt was perfect because then obviously you could spend that money somewhere els