overnight, the wall street major indices closed higher, the us central bank has hinted it might holdady on another interest rate hike as well. federal reserve officials are embracing the higherfor federal reserve officials are embracing the higher for longer strategy, according to the newly released minutes from their september meeting. it shows that while officials are divided on the question of whether the us central bank will hike interest rates again before the year is out, they all seem to think rates will remain high for some time. what the fed decides to taste the cost of borrowing in the us and has spill—over for markets anywhere. higher rates make it more expensive for americans to take out a house loan or a car loan and makes it more expensive for businesses to borrow money, which all slows growth. meanwhile, the interest paid on us government bonds is moving towards its highest levels in more than 15 years. that could end up having the same effect as a rate hike without the fed having to act. during the meeting, they viewed the economic climate including strong growth and

the readout shows while people are divided on whether the us central bank will hike rates before the, they've seen it has spill—over effects in financial markets everywhere. higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow money through loans or lines of credit, all of which slows growth. meanwhile, the interest paid on us government bonds is also moving toward its highest levels in more than 15 years. that could end up having the same effect as a fed rate hike without the fed having to act. during that september meeting, participants viewed the economic climate, including strong growth and a cooling labour market, as positive indicators, but since then, we have seen a red—hot octoberjobs report beating expectations, and we have seen a full—blown conflict erupt between israel and hamas in the middle east. that will restrict oil supply that would elevate prices and contribute to headline inflation. the next time the fed meets, it will clearly have a whole new lot of circumstances to consider.

and midweek, officials from the us central bank will hold their meeting to decide on the cost of borrowingrican consumers are still spending big despite higher prices and inflation. let's bring in andrew tilton, chief economist for asia pacific at goldman sachs. let's begin with the bank of japan — it's been the only major we're expecting to hold policy on change this week. there is a question given the yen weakness that you mention earlier in the programme and the fact that ten year interest rates have moved up year interest rates have moved up to about 0.87% currently, close to the 1% yield that the bank of japan close to the 1% yield that the bank ofjapan put in place a few months ago. there is a question about whether they might lift that further at this meeting. with tickets close call but in the end we think they will probably hold off for a bit longer to see if rates stabilise around this level. the fed is also meeting this week. inflation is not as hot as before and also gdp figures coming in quite strongly showing that consumers are still spending for that what is your outlook the

midweek officials from the us central bank will hold their meeting on the cost of borrowing last yearns are still spending big despite high prices and inflation. andrew tilton is the chief economist for goldman sachs. we tilton is the chief economist for goldman sachs.- for goldman sachs. we are expeeting _ for goldman sachs. we are expecting them _ for goldman sachs. we are expecting them to - for goldman sachs. we are expecting them to hold - for goldman sachs. we are i expecting them to hold policy unchanged this week but it is a question, given the yen weakness you mentioned earlier in the programme and the fact that ten year interest rates have moved up to about 0.87%, currently, close to i% yield that the bank of japan put currently, close to i% yield that the bank ofjapan put in place a few months ago. there is a question about whether they might lift the further at this meeting, think it's a close call but we think they will probably hold off for a bit longer to see if rates stabilise around this level. the federal bank is meeting this week, inflation not as hot as before and

but there are different approaches and use central bank because their views, the government has their views is completely center. and it's a degree i signed is the result of a compromise among specialists, among experts. and you may immigration, your and of course there is logically to their decisions. so we realize the possible threats related to the movements of capitals. nothing is forever. and we'll see how this works with the technical problem, which we'll see how the special invoice automatically switch real spin monitoring works. and i'm not sure it's anything that that works for. by the way. please note the and lots are assigned to regulate or control something to meet the only assigned with one goal, but i'm not sure, but you to have what the full information lift looks different on the movement of those cash flow so that the states knows what is going on with the abuse, opinion of the companies in the fall are governing bodies have reached a certain compromise, reflected in this document. is it you in their system bills and then we all expect to have a positive result to com

european central bank christina lagarte in an interview with a newspaper. macroeconomic models usednks and others organizations took into account these categories of uncertainty superficially and did not take them into account when making forecasts for inflation and economic growth. we are working hard to improve the accuracy of these forecasts. the hong kong stock exchange canceled trading due to the typhoon. suspension concerns. shares and derivatives, while restrictions are in effect for the morning session, but if the storm does not calm down, the site will be closed all monday; the third level of storm warning out of five has now been declared in hong kong. by this moment all news. for real comfort. no renovations are needed, real business doesn’t require an office, real friends are not on social networks , real art doesn’t only exist in museums, real hobbies don’t fade over the years, real life requires a real bank, psb is a bank for the real. ordered a package of kefir, looked around, hop, apartment, place orders on a scooter, take part in the apartment draw, the vtb team is

this was stated by the head of the european central bank, christina lagarthe, in an interview with the newspaper landmanche. macroeconomic models usedl banks and other organizations have taken these categories of uncertainty into account superficially and have not taken them into account when making forecasts. we are working hard to improve the accuracy of these forecasts. vtb is launching a charity event, well done. little patients of partner hospitals can write letters to santa claus, share their achievements on new year's eve receive gifts that develop their passions. in addition, you will be able to get advice from professionals such as athletes, musicians and bloggers. the first mailbox has been installed. the campaign will start in ten more cities, it will last 2 months, last year children managed to send almost 3,000 letters. at the end of the issue, let me remind you that the exchange rates for today are the dollar 100 rubles 49 kopecks, the euro 106 rubles 1 kopeck, that’s all i have for now. october 9, the day of military glory of russia. 9 october 1943, the day of the defeat of nazi troops in the battle for the caucasus.

the reader shows while officials are divided on the question of whether the us central bank will hikere the year is out, they all think the thing rates will remain high for some time. what the fed decides it dictates the cost of borrowing money in the us and a spillover effects on financial markets everywhere. higher rates make it more expensive for americans to take out a loan on a house or car and makes it more expensive for businesses to borrow money through loans or lines of credit. all of which slows growth. meanwhile, the interest paid on us government bonds are also moving towards its highest levels in more than 15 years. that could end up having the same effect as a faded rate hike without the fed having to act. during that september meeting, participants viewed the economic climate, including strong growth and a cooling labour market, as positive indicators. since then, we have seen a octoberjobs report beating expectations. we have also seen a full—blown conflict erupted between israel and hamas in the middle east. that parents to constrict oil supply that would elevate pric

acceleration of inflation, said the head of the european central bank, christina lagarthe, in an interview with the newspaper le tribun. macroeconomic models usedcentral banks and other organizations took into account these categories of uncertainty superficially and did not take them into account when making forecasts for inflation and economic growth, we are working to improve the accuracy of these forecasts, at the end of the issue i will remind you, exchange rates, dollar 100 rubles 49 kopecks, euro 106 rubles 1 kopeck, that’s all i have for now all. assault detachments of the kostroma airborne forces are training to take enemy strongholds. classes take place in the rear of a special military operation, real battles in the kleshcheevka area, where gaining experience and skills brings results to the fighters. report by egor grigoriev. think like the enemy, as they come in and work. according to the fighters of the kostrama landing force, he advances to a training task, moves along the landing to the enemy support, brake, brake, 5-7, a small group is moving, the first two, the last three, covering their comrades, working as your team, already

state and municipal bonds and we do not recognize and are one of only a couple of states the use of central-bank digital currency in the state of florida. [applause] >> they want to get rid of cash and get rid of cryptocurrency and i want to force everyone to use cbdc controlled by the central bank. they just want to be nice to you? they want to control what you are allowed to do. people say at places like the world economic forum, you will be able to limit transactions for ammo and gas and all the things the elites don't like. as president on day one, we are throwing cbdc in the trashcan where belongs and those policies from davos in the world economic forum will be dead on arrival in the united states of america. we have also reformed our higher education system. show me another state that got involved in higher education. all tenured professors in florida must undergo review every five years and can be let go for poor performance. [applause] >>>> we have also eliminated so-called diversity, equity and inclusion in our public university system. [applause] >> they say that's what it is but in r

banks, which is the technical term of sweden. america has sanctioned us and actually created problems for our banks because the use of this banking network for us with the rest of the centralbanks the world is not ready, so we started this network here, we became a member there, and in fact, from the economic side, we have to say that the political economy side has acted in such a way that major economic powers in the five continents of the world are sidelined in the face of unilateralism with the united states. iran being an active member there is considered to benefit from multilateralism and parliamentary diplomacy to deepen brics. this was the slogan of the 9th meeting of the brics councils. in this meeting, in addition to the five main brics members , the countries that will soon become members of this group include iran and the countries that interest you in order to join this group, they have announced that various brazilian countries such as china, malaysia and india were present. they said that it is an honor for us that the islamic republic of iran has entered this group, especially brazil. well, we can get help from your technological capabilities in our various

they've commissioned an outside expert, governor of the expert, a former governor of the us bank, to a look us centralhings. not clear to at things. but it's not clear to me going to address the me he's going to address the fundamental questions about the link money credit link between money and credit on the one side and what's happening the overall happening to the overall price level other. level on the other. >> okay, julian, stay there one moment. just going to turn moment. i'm just going to turn now charlie who's in now to charlie rowley, who's in the now. charlie, of the studio now. charlie, of course , big accolade of course, a big accolade of michael gove, now the golf star wasn't so kind on liz truss and poor old lizzie. now how do you think actually julian's got a point that liz was right on on all of this money printing and all of this money printing and all the rest of it, or do you say she wanted to bring about unfunded tax cuts? well as you know, liz is a big fan of mine and i'm a fan of liz. >> now as a person , as we dance >> now as a person, as we dance the night away at conservative

central bank, the central bank. did you do your duty ? did you use your powers to prevent this dissatisfaction? if there are those who have overdrafts, that means the banks that have overdrafts, i.e. two banks, three banks, four banks. these banks are dissatisfied. most of them have an overdraft. we say that you are the head of the central bank, we also agree, i agree more. since last year, i have announced that the banks should know that next year, if it is this year, i will come to you before i go to the bank's customer . lack of trust in the people in practice also leads to the possibility of the judicial process by issuing multiple votes and provides a basis for the occurrence of judicial corruption such as accepting bribes. serious monitoring of the functions is a public demand, which, of course, as mentioned in the food transformation document , solutions are foreseen to solve this problem, but the main problem is the speed of implementation of this document, which is also emphasized by the supreme leader , which is a trend it is not desired and sometimes it has been faced with disruptions

those are the central banks performing now and i used to work for the central bank in china.tinue to reform and make exchange rates more flexible and interest rates close to the market, supply and demand, this is important. but have them adjust to the international environment, particularly with interest policy is important. stephen: what should we expect from authorities now that the priority -- clearly there is a sense of urgency to lift up the economy but also not exacerbating debt levels at the local government level, what should we expect beyond what we just saw, $1 trillion in new issuance of sovereign debt as well as raising the budget deficit ratio? >> the whole economy is stabilizing already. new stimulus tried to support the sectors we designed, asset manufacturing, carbon neutrality. those new sections are important. those are the new issues that we will see in the future. meanwhile, trying to make sure that it is not increasing dramatically. shery: what would be a reasonable target next year for the government? >> next year will be around 5%, may be lower. four an

of florida, we saw what the fed is thinking about doing so we passed legislation banning the use of central bankital currency in the state of florida, we are not loan going to let them get a foothold and not going to let them take away your financial privacy. we talked about having an equal opportunity society where people aren't divvied up into different racial groups but we are the first state to actually eliminate so-called deer i from public universities, we are not going to treat people, shoehorn them into different ethnic groups, we are going to treat people as individuals, based on merit and this whole deer i, they say, diversity, equity, and inclusion, the weight is crafted, it is discrimination, exclusion and indoctrination and has no place in our public universities. so on issue after issue, we don't sure, we don't virtue signal, we act and we deliver. you want to know why florida has gone from being a state that was one point to being a state where a guy like me could win the greatest republican governor victory in the history of the state winning by 20 points, because people respond

viewer, welcome to the market and economic news of the governor general of the central bank of qatar. rumors about iran's userzi denied himself. in a meeting with the head of the central bank of our country, bin saudani said: qatar adheres to all its obligations with iran, and rumors about the use of foreign exchange resources of iran in qatar.

a general global trend, again, as noted in the central bank, with the advent of the digital ruble , the individual will still not be able to escape from us thank you, vera, vera moroz spoke about the new banknotes presented by the central bank. pental exstra gel contains a special component for better penetration into the source of pain and inflammation. pentalgin extragel against pain and inflammation in muscles and joints. 24 month installment plan with kholva. buy any goods from partners or pay off your credit card debts in installments for 24 months. purchases and refinancing credit cards in installments with kholvoy. the winners choose high-quality fuel for their cars. pulsar effectively cleans the engine. refuel with rosneft pulsar fuel. participate in the draw and don't miss your chance to get a car. pulsar rosneft - energy of victory. the vtbb team is with you. vtb has the best payment app for housing without commission. i wonder who made it? someone who wants to surround those closest to them with warmth and comfort every day. well done, daughter. we came up with a debit card in. and improved vtbbon as for yourself, so that your

the governor of the central bank of qatar denied the rumors about iran's use of its foreign exchange resources. in a meeting with the head of the central bank of our country, bin saudani said: qatar adheres to all its commitments with iran and rumors about the use of resources. iran's currency in qatar was more of a media joke and game in the past couple of days. mr. farzin, the head of the central bank of iran, also said in this meeting: iran's foreign exchange resources have been released in qatar through swift and with credit opening can be used. now , technical communication between qatari banks and 6 iranian banks is going on, and the operating banks have ordered the necessary payments by establishing these technical communication. and operate. the implementation of the production jump plan in dimzzars last year has prevented the withdrawal of more than 960 million dollars for the import of basic enclosures. the executive of the production leap project in dibazar, announcing this, said: granting 1000 billion tomans of cheap facilities, providing required institutions and equipmen

us president donald trump, he even wore a cap with the inscription maga. he managed to win widespread support for mas by calling for liquidation of the central bank of argentina intention of replacing the national currency of the peso with the us dollar. he threatened to purge the corrupt establishment, which he called only the political caste. the central bank really doesn’t like to call in public speeches to burn down a financial institution. he is sure that thieves and swindlers work there, who only spur inflation and get paid in vain. i want to blow up the central bank with dynamite, and this is not a metaphor. miley intends to cut out the mafia of corrupt officials using the chainsaw plan. under the knife should also go to half of government spending, and the far-right politician promises to reduce the national debt by 13%. as for the imf loans, which amount to $44 billion, miley promised, quote: to somehow come to an agreement and not take any more money. exercise 11 ministry to reduce taxes by 90%. he calls them the arab burden and robbery. everything that is possible, education, medicine, beaches, nature reserves and even the pension system, long live

central bank first. central bank, you have done your duties , you have used your powers to prevent this dissatisfaction, if there are those who have overdrafts, that is, the banks that have overdrafts, i.e. two banks, three banks , four banks today, if i don't say so. all most strange to incidentally, these banks are dissatisfied, most of them have overdrafts, we say that you are the head of the central bank, we also agree. i also announced more than last year that the banks should know next year, even if it is this year, before i go to the customer . the bank will come to you. unfortunately, the lack of sufficient monitoring of the functions and the existence of conflicting and weak judicial opinions, in addition to injustice and the existence of dissatisfaction and mistrust in the people, in practice also leads to the erosion of the judicial process by issuing numerous opinions and is a ground for the incidence of judicial corruption , such as accepting bribes, provides for serious monitoring performance is a general demand, which, of course, as mentioned in the food transformation document, solutions

the central bank of qatar refuted the rumors about iran's use of its foreign exchange resources . he told saud alalani in a meeting with the head of the central bank of our country: qatar adheres to all its commitments with iran and the rumors about the use of iran's foreign exchange resources in qatar will spread in a day or two. the past was more of a media joke and game. mr. farzin the head of the central bank of iran also said in this meeting: iran's horizontal resources released in qatar can be used through swift and by opening a credit card or lsi . now communication. irani is in progress and the operating banks send and operate the necessary payment orders by establishing these technical communications . the ceiling of the bank lottery prize was 250 million tomans. according to the announcement of the central bank, with the aim of promoting and encouraging more depositors to participate in the provision of loan resources, the maximum amount of prizes given to the deposits of an individual in each lottery period has increased from one billion rials to 2.5 billion rials. incre

the bank ofjapan, the us federal reserve and bank of england are all set to make their latest calls on interest rates this week. first up is japan's centralay, followed by the us on wednesday and the uk on thursday. financial markets are on edge. that's not surprising. let's take a quick look. price of all is done quite a bit which is interesting actually because the price of oil is seen as a real inflationary pressure. it has been over $90 of oral following the situation in israel and garzo. so markets are very much on weight and watch mode for these interest rate decision. now, japan is somewhat of an outlier — so far it's kept interest rates low — but prices have started to creep up. joao da silva is in our asia business hub for us. lovely to see you. tell us more about japan- — lovely to see you. tell us more about japan. sally, _ lovely to see you. tell us more about japan. sally, the - lovely to see you. tell us more about japan. sally, the bank i lovely to see you. tell us more about japan. sally, the bank of| aboutjapan. sally, the bank of japan has pursued this ultra— loose policy for a number of years now. first adopted as a way

bank executives overdraft. when is the fed going to use legal authority and follow the law for professional let me that the central bank has many functionsf from the passage of o i think sometimes we need to think moree analytically about lincoln's between the policy and provision regulation as well as financial stability and consumer protection so i do think we are overdue for the architecture and there mayay be a role for treasy and many of argued not only in termsnl of treasury securities issued, this security and you mentioned authority, i hope we start rather than focusing on phrases, focus on surveillance, censorship, fraud. we can just pick them all off i hope. >> also a role for enforcing the law we have authority, you mentioned fraud and bigger wire transfers as opposed to sell or something like that. we have time for one more question h but a lot of conversation about frequent flyer miles and you talk about private creation money. last night seeing the twins in the playoff and credit card rewards to frequent flyer to pay for my daughter's ticket, this not money somehow. i my ticket with cash, it is money

banks with the largest volume of ruble deposits, this is reported in the materials of the central bank. but let usber that the bank already left the top 10 at the beginning of the year, but returned at the end of february, and now it has again given way to the moscow credit bank. this adjustment significantly affected the average maximum rate on deposits. her height reached 1.2% points, almost up to 11.5%. what was the maximum ten-day increase for the first time since march to in the western united states there are big problems with the pumpkin harvest and this happened right on a popular holiday there, when the vegetable is especially in demand. the key problem was drought. many farmers had to reduce their acreage, and then there were other misfortunes that the states themselves had a hand in. the point is the economy as a whole, all the components, the pricing of our manufacturers have become more expensive, you know, fuel has become more expensive, but also the cost of labor same. working hands in the field, drivers of agricultural machinery and so on, now all this is a big problem for our farm

us. the european central bank president, christine lagarde says the imf has cut its forecast for the globalconomy. we will bring her comments next. stick with us. this is bloomberg. ♪ >> christie people of israel are under attack by hamas. unite states stands with israel. we will not ever fail to have their back. >> u.s. president biden speaking on our top story this morning. the conflict between israel and hamas at the moment. i want to get a quick check on the data. you are seeing assets take a hit. especially when it comes to the shekel. you are seeing real weakness there. this comes in the context of the bank of israel announcing a program to sell up to $30 billion in fx reserves. that is weakening the shekel pretty consistently. you are seeing that across the board. you're seeing strength in terms of the crude markets. this is really creating weakness. the australian dollar as well. it will be crucial in a comes to what other ways you can essentially play the risk here. that is going to be crucial. ides what to put into perspective how much the israeli stock market specifically is taki

used for the construction of new roads, including in neighboring countries. roman sobol, vladislav dubovitsky, valery kiselyov, ntv television company. beijing's central bank this morning that it will stop issuing the new 1.00 ruble banknote. further on the air business news, with us denis talalaev, denis, what’s the problem with the new bill? ilya, the central bank doesn’t say this directly, but the reason is similar to what is written on the new banknotes? less than two days after the presentation of the new 100 ruble banknote, the central bank announced this morning. finally announced: the issue of this banknote has been stopped. the specific reason is not given, but the cdc clarifies that it is going to finalize the design, which means that this is obviously the problem. the day before, representatives of the russian orthodox church criticized the appearance of the thousand-ruble cupira, having discovered on the reverse side two sights of kazan: the syuyembike tower and the museum of the history of statehood of the tatar people and the republic of tatarstan. the museum is located in the building of a former church, whose dome remains, but there is no c

central bank reserves, which is exactly what happened to russia. the western powers store $300000000000.00 in your o's of assets. the us also store the central bank reserves of venezuela, of iran, of i've got a son which is causing a fan and right now, so it's no surprise at so many countries are looking for alternatives. and they're looking for ways to trade that don't involve a dollar and then also explains again why they're so interested in things like the adult run initiative and just quickly also have your final question i'm we've seen at the immunization of the b r i b will so see the static ration of breaks and its expansion. a watching team has got about economy. what can it possibly contribute? it runs a pride symbolic piece for russia. what is it? is it fair? no, it's ridiculous. i mean, we have to ask why it is urgency, and i keep having these problems because of this history of this neo colonial, that relationship, the debt that argentina holds, which is the stabilizing. the economy is largely owed institutions like the international monetary fund, which is controlled by the united states is the only countr

central clan of our country with their omani counterpart , the necessity of using iran's transitional foreign exchange resources from iraq to oman was emphasized. mr. farzin , the head of the central bank of our country, on the sidelines of the annual international meeting of the international monetary fund and the world bank in the maghreb, met and talked with sheikh taher bin salman al. amri, the head of the central bank of amman, emphasized on the development of monetary, banking and commercial relations with omran, considering the transfer of a part of iran's foreign exchange resources in iraq to oman, as well as the previous experience of the cooperation of the central bank of amman in transferring and the use of blocked resources was an explicit necessity in using these new transverse resources for commercial purposes and the development of constructive economic cooperation between iran and amman, another focus of the negotiations between the heads of the central banks of the two countries in the maghreb. in this meeting, the governor general of the central bank of oman, while announcing the country's commitment to banking and monetary cooperation regarding iran's transfer resour

the us dollars and some 60 percent of global central banks, the reserve currency is still deposited in us dollars. so it will be a gradual process. but the process of the dollarization or reduction of dependency on the us dollar is happening if it's happening slowly. but surely, why? because we've seen again and again, that's the value of the us dollar holding. so the us dollars for the global south countries, they're really at the mercy of americans. a lease of the fed will can just decide on the way and to print more dollars and therefore shrinking the value of the dollars. and therefore, the holdings of the central banks of the global self, then whomever are holding on and it would seem us resorting to the sanctions again and again. and again. this time i was in moscow, i couldn't even so i have a visa card, not even a mastercard, or american express. i couldn't even get a starbucks or mcdonald's. okay. se, thanks to the us sanctions and the comforter majors. these are terrible things for the people and live because of course. so us are regarding to the sanctions, the fluctuation th

will be watching kiwi assets today with the central bank expected to keep interest rates on hold later. we are 10 days out from general election. tracy joins us from wellington. there are inflationary risks starting to pick up. energy prices affecting all central banks, not just new zealand. are we expecting a hold today, albeit a hawkish one? >> we are expecting a hawkish hold. at the very least, the banks will say that rates must stay restrictive for the foreseeable future to make sure markets don't start pricing any rate cuts into the sort of positioning. you are right, there is inflation pressure brewing, but again with the election just around the corner for us, it's very unlikely the central bank will want to go out and make a bold called at this point. we are expecting to read the language very carefully, to see what the signals are. shery: at the start of this global tightening cycle, the central bank's were reluctant to pause rate hikes just to resume them again but we have seen a few central banks already do that, is not a possibility for the rbnz here, too? >> it is a possibility. markets are pricing about a 50-50 call on whether t

ruble is an alternative to cash and non-cash money; i’ll tell you how and when it can be used right now. the central banks responsible for the safety of the new form of money; it also controls its issue and circulation. like non-cash funds, virtual funds will be located in the only possible personal account, which can be opened through the application of any commercial bank. then all that remains is to buy digital money for non-cash rubles in a one-to- one ratio, after which you can pay for purchases with it. reverse conversion is also available without any restrictions; the monthly replenishment of an electronic wallet has a limit of 300,000 rubles. our payments... in digital rubles, they will be similar to how we now pay you through the fast payment system. you will not be able to make deposits in digital rubles and will not be able to take out loans or receive salaries in digital rubles. in order for this opportunity to appear, to pay wages, to receive wages in digital rubles, for this we must make changes to the labor code, which do not exist yet. but with tax legislation , amendments have already be

talk to us about china central bank as well. avril: amid all that concerned about the property crisis in the country, we have been waiting and watching for any form of policy support. today, the pboc left the loan prime rate unchanged as expected but it did come through with the largest liquidity injection on record for the short-term monetary tour. . that helped some benchmarks to paring losses. that being said into the lunch break, we saw the shanghai composite slipping below the 3000 key psychological level and falling further as traders return from their lunch breaks. we are also getting the sense that given the yield differentials between the u.s. and china, there is very limited policy room for the pboc to maneuver, hence leaving the rates unchanged, especially given the pressure that we are seeing on the offshore yuan hovering at the 7.34 level now. kriti: technicals in the chinese currency there. thank you for that update. i want to bring an update on the european equity picture as well. a system incident halted trading

so soon as they conte imports with official us dollars from the central bank, they have to go to the black markets which has inflated the black market for the f for far as dollars to unprecedented to amount. and that is create and be from the days of outcry now within iraq, for the government to find another safe currency and move away from the dollars. now holding a hold of miss them with the i do apologize for dropping it, but that there are a number of countries right now around the world, whether it's brick. so a be a, see a, there's some people called a donor eyes ation coalition. if iraq is looking to get to move away from the dollar, which currency are you referring to? the bad that might lean towards. as i've seen the dog, the euro, there is a general understanding that the euro could be a safe haven for the moment until there is a better studies of 5 national studies on economic studies that will minimize the impact on the rocky calling on me. i'm the relationship with their i to states as you know, iraq, oil sales, the, the, the funds for the, as the money that comes out of

us here on bbc news. st, next, the top business stories. it is a really big week for central banking to stay very unsettled across the uk as we head through this week with low pressure still very much in charge. so, long spells of rain, heavy, thundery downpours. the winds are likely to pick up at times. and we'll also see, on wednesday night into thursday, our third named storm of the season, storm ciaran, named by the met office on sunday. and those rainfall totals are really going to start to stack up again as we head through the next five days — you can see all the blues on our rainfall accumulation chart here. more wet weather for flood—stricken areas, such as eastern parts of scotland, too. now, low pressure is centred out towards the west of ireland, just sending bands of showers swirling around. it should be a largely dry start to the day across scotland, but it is quite a chilly one and it's still quite breezy for many, particularly towards the channel coast. but the winds are certainly lightening as we head throughout the day. now, the heaviest of the showers on monday w

admiration for ex-us president donald trump, even wearing a cap with the inscription maga, managed to win widespread support for mas with calls for the liquidation of the central bankargentina. intentions to replace the national currency of the peso with the us dollar. he threatened to purge the corrupt establishment, which he called nothing less than a political caste. the central bank really doesn’t like to call in public speeches to burn down a financial institution. he is sure that thieves and swindlers work there, who only spur inflation and receive their salaries in vain. i want to blow up the central bank with dynamite, and this is not a metaphor. cut out the mafia of corrupt officials miles away using the chainsaw plan. half of the government should also go under the knife expenses, and the far-right politician promises to reduce the national debt by 13%. as for imf loans, this is 44 billion dollars. miley promised, quote: we’ll come to an agreement somehow and get more money. do not take. exercise 11 ministries to reduce taxes by 90%. he calls them the arab burden and grave. privatize everything possible, education, medicine, beaches, nature reserves and e

already being used there , a similar experiment failed somewhere, in my opinion guatemala tried for a long time to introduce these very same ones, but they did not introduce a central bankbitcoins and tried to use these bitcoins for cryptocurrencies, that is, someone else’s. currency to pay at home, well, there was a failure there, because despite the fact that the economy is generally insignificant, but nevertheless, of course, this created great inconvenience, because the exchange rate was jumping and, well, in general it’s scary how the state, according to - in my opinion, in my understanding, the main, basic monopoly of any state is a monopoly on the production of money, how can a state give up this monopoly does not stick in my head, and not a single state refuses, except for those who have a microscopic one, in my opinion, it’s still govotomalala, if i’m not mistaken, well , considering that for 20 years they didn’t have their own currency at all, but there was a dollar, so that’s it for them it’s the same as a dollar or a bitcoin, it’s already enough, it didn’t matter, but in venezuela they just followed the path of the fact that some people there have a twist in

in the meeting between the governors of the central bank of our country and the omani counterpart , the need to use as much of the land resources as possible to transfer iran from iraq to oman was emphasized. mr. farzin, the governor general of the central bank of our country, on the sidelines of the annual international meeting of the international monetary fund and the world bank in the maghreb, in a meeting and conversation with sheikh taher bin salem al-omari, the governor general of the central bank of oman , emphasized the development of monetary, banking and commercial relations with oman . considering the transfer of a part of iran's currency resources in iraq to oman, as well as previous experience the good cooperation of the central bank of amman in the transfer and consumption of blocked resources was the explicit necessity of using these new sources of currency for commercial purposes and the development of constructive economic cooperation between iran and amman was another focus of the negotiations between the governors of the central banks of the two countries in the maghreb. in this

central banks may follow. michelle fleury is in new york for us.all about what happens next, but michelle we're also going to be very keenly listening, or rather, energy markets, paying very close attention to what mr power says because of the conflict between israel and gaza?— israel and gaza? yeah, and i think --eole israel and gaza? yeah, and i think peeple are — israel and gaza? yeah, and i think people are waiting _ israel and gaza? yeah, and i think people are waiting eagerly - israel and gaza? yeah, and i think people are waiting eagerly for- israel and gaza? yeah, and i think people are waiting eagerly for the | people are waiting eagerly for the speech to see what he is going to say about the direction of travel for interest rates, which, they have been raising over the last year, to try and tame inflation, the question now is how long are they going to stay at elevated levels? are they done raising interest rates or could there still potentially be more on there still potentially be more on the horizon? if you look at what has been going

digital currency of central banks, this is one thing, this is the money that the central bank issues, they are practically no different from national money, to which people are usedtechnologies that are money, they are also issued with a certain, well one might say, with the same information technologies, but some separate group of people , or one person who issues this money, not a central bank, here is a radical watershed, but crypto is that, well, that’s it, what relates to such a virtual sphere, crypto, well, this is protection, secret writing , that’s all this, but there really isn’t any semantic load there, just purely this, something that relates the virtual sphere there, well, if with such a classical cryptocurrency, well, let’s call it classical, yes, it’s more or less clear what it is, everything is built purely on trust, so to put it even more broadly, there is something being created there so that... you can use these money, a source is created there that can be used to extract it with with the help of certain algorithms, such a settlement platform is created with which we can exchange this money , we put it aside and return to the currency that we al

the honorable officials of the central bank called us. we told them to send me a document. there is a problem. it only happens sometimes. he may allocate it, but when will it happen? troubled times may come, now what we have acquired is to provide and cover. no, the time when it should be paid, i mean the time when the food and drug organization takes it and says to come, sometimes to resolve this, the meeting that we wrote a letter to mr. president, mr. president, my order, mr. doctor informer to set up a meeting because we decided that i wrote a letter to the president regarding the health area, that we have 30 seconds to set up a meeting with the responsibility of the president himself or the doctor because it may always be the minister respected brother darman, apologize to the ministry alone , honorable president, they can't read what he is saying, listen, we told you to form a camp yourself, mr. mokhbar, i heard that mr. president gave orders to mr. mokhbar, but we hope that our colleagues in our ministry will take it seriously . be the main demander and them there ar

in the meeting between the governors of the central bank of our country and their omani counterpart, the need to use as much as possible of the foreign exchange resources transferred from iraq to oman was emphasized. hypothetical mr. the governor general of the central bank, on the sidelines of the international monetary fund and world bank annual meeting in the maghreb, in a meeting and discussion with sheikh taher bin salem al-omari, the governor general of the central bank of oman , emphasized the development of monetary, banking and commercial relations with omar: the transfer of a part of iran's foreign exchange resources in iraq to omran, as well as the previous experience of the good cooperation of the central bank of oman in the transfer and consumption of blocked resources, the necessity of clarifying the use of these resources, the importance of trade and the development of constructive economic cooperation with iran , other negotiations of the heads of the central bank of oman the country was in the west. in this meeting, the governor general of the central bank of oman, while announcing

explained. he is not talking about technical problems, but because the central bank has large reserves of old banknotes, today sergei bilov told usn to expect new banknotes of 100 and 5,000, banks and trading enterprises will need time to set up equipment, these are atms and counting machines -sorting machines, payment terminals. we still expect this process to not be very long, because since 2020 work has been carried out that will allow us to adapt the equipment directly in russia. the russian stock market is starting the week with growth, helped by oil. on friday, wti and brand rose in price each by about 4.5 dollars and now remain at approximately the same levels. the ruble is getting cheaper today, the dollar at these minutes is 97.40, the euro is 10262. russians are returning to a seemingly forgotten entertainment. roll balls, not to be confused with by pouring balls, billiard and bowling clubs began to open again in the country, as the kommert newspaper writes, citing the dvagis service, from january to august, in cities with a population of over a million, there were 7% more billiard clubs than last year, and bowling club

joining us to talk through the situation in the west bank as well is a nonresident fellow at the institute for middle east policy. you come to us live from the central west bank, where i would like to start. based on your industry connections, the work you are doing, what is the situation in the central west bank now for the technology industry? >> thank you for having me here. whenever we are talking about tech living in the west bank, we cannot know where that -- living under surveillance states and for cons of tech -- surveillance technologies have been developed on palestinians and the occupied gaza strip. this is not limited to we are talking about cctv cameras, facial recognition technologies, spyware, technologies as well as -- among other various technologies that have been developed by the israeli government and his companies. unfortunately, sometimes major tech companies are investing in such companies -- such surveillance companies to develop certain technologies as happened a couple years ago with microsoft starting to invest $75 million into an israeli company to develop facial recognition techniques before selling that worldwide. go ah

in the meeting between the governors of the central bank of our country and the omani counterpart, the need to use as much as possible of the transitional resources of iran from iraq to oman was emphasized. and the conversation with sheikh taher bin salem , governor general of the central bank of oman , emphasized the development of monetary, banking and commercial relations with oman. due to the the transfer of a part of iran's foreign exchange resources in iraq to oman, as well as the previous experience of the good cooperation of the central bank of oman in the transfer and consumption of blocked resources, the need to speed up the use of these new foreign exchange resources for commercial purposes and the development of constructive economic cooperation between iran and amman, the focus of other negotiations in this meeting, the governors of the central banks of the two countries in oman also emphasized the need to develop bilateral economic cooperation while announcing the country's commitment to banking and monetary cooperation regarding iran's transferable resources . according to the forec

another viewer want to know on a different topic, charles, can you show us a private central bank thatt it right? the answer is no. great questions. love it. keep them coming. heck, the fed got it wrong out the gate, right? in 19134 they promised us no more wild gyrations no more panics. immediately we had a recession it was huge. we forgot about it because after that we had the great depression. keep them coming. tweet me @cvpayne. reminder i hosting monday's show at the money show in orlando. i will be signing books. it is absolutely fantastic. if you want to go, go to moneyshow.com for more details. the media calling mike johnson the most conservative modern house speaker ever. will that get things moving along in d.c. or will it bog them down even more? we'll ask jack ablin at 2:40. my next guest is well-versed in market breadth. willie dell lynch is one of the absolute best at it. he will break things down what you must kno(aw as an investor next. ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. ♪ explore endless design possibilities. to find your personal s

that if we calculate in the opposite direction, then subsidizing the interest rate of the central bank will allow usevelopment in the amount of 30-40 trillion. well, let's go this way, then let the banking sector, well, maybe not the whole thing, let's divide it by two, i don't know, but this can be used so that not the government is looking for resources in any way, but let the banking sector subsidizes the discount rate of the central bank and thereby contributes to the development of industrial financing, but this is all real, moreover, it will not cause catastrophic damage, because otherwise what will we get, again a bias towards the financial bloc. again, underfunding of our industry, and when you and i talk about what needs to be done, this is precisely the answer to the question, because financial economic sovereignty, which everyone often talks about, is connected with one thing is that we ourselves can formulate tasks, find ways to solve them ourselves and implement these tasks in the interests of our own people , we are not talking about any isolation here, but concentrating resources on m

many of us thought that as central banks tightened monetary policy of the most rapid pace in decades,ld have to dip into recession to purge out price measures. the risk remains on the horizon but at least now we can imagine a pathway to lower inflation without having a recession which i think one year ago we were less sure about. >> you surprise the market when you announced eight-week in the frequency of meetings. is that response to uncertainties? why now? >> i think in the last two years we have had a few off cycle moves. if you do an off cycle move in response to quickly changing developments, i think that is ok. markets understand, you got to move out of cycle. if it becomes too frequent, it sets off apprehension. this does not mean we are moving toward a shorter-term orientation, it's always been medium-term, one of the reasons we hesitated in the past. >> so much volatility in the markets and massive movements in the bond space, 10 year yields, hitting 5% for the first time since 2007. how are you looking at how high they have gone in such a short amount of time? >> again we sh

banks, they will remain only intermediaries in this process. digital money differs from crypto currency in that crypto is mined, that is , mined using power grids, while digital money creates the centralthe state. cryptocurrency is not physically backed by anything specific. the price of one coin depends on what cryptocurrency holders from different countries agree on today. the value of the electronic ruble is secured by goods produced by the economy of a particular country. this was confirmed by its national bank. and from here comes another difference: there is no single responsible body for cryptocurrencies, so today it can cost tens of thousands of dollars per unit, and tomorrow it can drop to zero and no one will be responsible for it. behind paper. the state is worth the electronic and digital ruble. the new format of money will help ordinary belarusians save on banking services. commission rates for all transactions with this form of national currency will be set according to uniform rules. money transfers will take place directly from the payer to the recipient, which means banks will not be able to charge a commission for transferring digital rubles from the account. in orde

symbolically use to pulverize government spending case the countries currency with the us dollar and eliminate the central bank origin to you know as possible under liberalism. so we must fight for freedom supporters, especially those under 30 see him as a savior. others though fear hills west, argentina, back 200 years are the the much better than expected. yet the final outcome of this one next, far from predictable next president will ultimately be decided by the roughly 23 percent of voters supported neither candidates enrollment and one months time would have to choose between messer tables to see a new and houses here on one side in the philippines system and patients and best of the, of a, to collisions between philippine and chinese vessels in the south china sea. the countries have blinds each other for the incidents on sunday. they would between a chinese ship and a filipino vessel that was supplying troops and an outpost and disputed forces bounded below is in manila with the largest the philippines in china, blaming each other for collisions that happened in the south china sea. on sunday morning.

investment management of the central bank of iraq said: the purpose of this measure is to stop the dependence of the economy on the dollar. mazen ahmad said: iraqi people also prefer to usears instead of dollars. according to the announcement of the central bank of iraq, from next year, those who have investments, especially dollar deposits , will not be able to withdraw it in dollars and receive dinars. did the dollarization process that started in 2011 from china and russia is on the agenda emerging economies such as india, brazil, indonesia and malaysia are also included. the cuban foreign minister strongly condemned the terrorist attack on the military college in hams, syria. according to al-mayadeen tv channel, roserigiz emphasized the solidarity of the cuban government and people with the syrian government and people. he announced that following the global condemnation of the terrorist attack in homs, syria , the arab league also condemned it and emphasized the efforts to destroy terrorism. the people of guatemala blocked more than 30 roads for the fourth day in protest against the supreme electoral court's actions in preventing the elected president from coming to