Let me give the floor to the Chairman of the BRICS BUSINESS COUNCIL Mr. Karin Thank you respect Dear HEADS OF STATE AND GOVERNMENT, Dear participants of the meeting this year, the BRICS BUSINESS COUNCIL continued to actively PROMOTE FLAGSHIP INITIATIVES AIMED AT STRENGTHENING the BRICS PARTNERSHIP. I would like to note that in our work we tried, firstly, to maintainContinue reading “BRICS SUMMIT CHAIRMAN Chairman of the BRICS BUSINESS COUNCIL Mr. Karin SPEECH TRANSLATION”
Tag Archives: finance
AT THE BRICS SUMMIT IN RUSSIA, VLADIMIR PUTIN ASKED THE PRESIDENT OF THE NEW BRICS DEVELOPMENT BANK Mrs. Dilma Rousseff, YOU SAID THAT THE DOLLAR IS USED AS A WEAPON, IS THAT TUE?
Z2 Thank you very much Dear Mrs. Mrs. Dilma Rousseff YOU SAID THAT THE DOLLAR IS USED AS A WEAPON PUTIN ASK HER? “YES” Indeed we see it this way, in fact I think that THIS IS A BIG MISTAKE OF THOSE WHO DO THIS because THE USE OF THE DOLLAR. And THE DOLLAR for US IS STILL THE MOST IMPORTANT INSTRUMENT IN THEContinue reading “AT THE BRICS SUMMIT IN RUSSIA, VLADIMIR PUTIN ASKED THE PRESIDENT OF THE NEW BRICS DEVELOPMENT BANK Mrs. Dilma Rousseff, YOU SAID THAT THE DOLLAR IS USED AS A WEAPON, IS THAT TUE?”
NDB President Dilma Rousseff Met with Leaders and Heads of Delegations of BRICS Plus/Outreach Countries at 16th BRICS Summit
On October 23, 2024, H.E. Mrs. Dilma Rousseff, President of the New Development Bank (NDB), held a series of meetings with distinguished leaders and heads of delegations from BRICS Plus/Outreach countries. These meetings were held on the sidelines of the 16th BRICS Summit in Kazan, Russia. NDB President met with H.E. Mr. Shavkat Mirziyoyev, theContinue reading “NDB President Dilma Rousseff Met with Leaders and Heads of Delegations of BRICS Plus/Outreach Countries at 16th BRICS Summit”
BANK OF ENGLAND : The end of LIBOR
News release Yesterday, 30 September 2024, the remaining synthetic LIBOR settings were published for the last time and LIBOR came to an end. All 35 LIBOR settings have now permanently ceased. The transition away from LIBOR, once referenced in an estimated $400 trillion of financial contracts, has made financial markets safer, more stable and fitContinue reading “BANK OF ENGLAND : The end of LIBOR”
Goodbye LIBOR, hello SOFR
z03 Goodbye LIBOR, hello SOFR April 14, 2022 The transition from LIBOR has led to major changes in the pricing of global financial products. Here’s what businesses need to know. As of Jan. 1, 2022, the four non-U.S. dollar LIBOR benchmark rates—the British pound (GBP), Japanese yen (JPY), Swiss franc (CHF) and euro (EUR)—along withContinue reading “Goodbye LIBOR, hello SOFR”
Secured Overnight Financing Rate (SOFR) Definition and History
By DANIEL KURT Full Bio Daniel has 10+ years of experience reporting on investments and personal finance for outlets like AARP Bulletin and Exceptional magazine, in addition to being a column writer for Fatherly.Learn about our editorial policies Updated September 30, 2023Reviewed by CHARLES POTTERSFact checked by KIRSTEN ROHRS SCHMITT What Is the Secured OvernightContinue reading “Secured Overnight Financing Rate (SOFR) Definition and History”
CHATGPT Question 2024 JAN AI CONCERNS: 6. Why do you need the Proof of Funds, if the FUNDS were given BY the AI SYSTEMS.
CHATGPT Question 2024 JAN AI CONCERNS: 6. Why do you need the Proof of Funds, if the FUNDS were given BY the AI SYSTEMS. Referring to “Proof of Funds.” Proof of Funds (POF) is a financial document that demonstrates an individual or entity’s ability to pay for a specific transaction or venture. It is oftenContinue reading “CHATGPT Question 2024 JAN AI CONCERNS: 6. Why do you need the Proof of Funds, if the FUNDS were given BY the AI SYSTEMS.”