Russia hosts a meeting of BRICS Deputy Finance Ministers and Central Bank Governors
08.02.24 15:35
Economics
This is the first event of the unification year in the financial sector
The Ministry of Finance organised an online meeting of BRICS Deputy Finance Ministers and Central Bank Governors. It was the first event in the BRICS financial track with the participation of new members of the association.
Ivan Chebeskov, Deputy Finance Minister of Russia, and Vladimir Chistyukhin, First Deputy Governor of the Bank of Russia, spoke about the priorities of the Russian presidency in the BRICS financial track. This is reported by the official website of the Russian Finance Ministry.
![](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/f4ad20e6-4b56-4bbc-94a7-e689ca30546b/.a+big+Brics+flags.png)
The meeting also discussed customs and tax co-operation within BRICS, financing of infrastructure projects, launch of the BRICS research network in the field of finance, as well as financial co-operation within the BRICS Business Council.
The Bank of Russia presented the priority areas of cooperation in the financial track, including the mechanism of functioning of foreign exchange reserves, payment interaction, information security of the financial sector, use of financial technologies, transition financing and sustainable development, as well as a platform for open events.
The Bank of Russia also aims to integrate new BRICS members into the work of the financial track and strengthen co-operation at the expert level.
The next meeting of the BRICS Finance Track at the level of finance ministers and central bank governors is scheduled for 27 February this year.
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 We’re in the Venturi effect (a narrow opening and you’re trying to squeeze a lot through it). You know how you put your finger on a hose and you can squirt it much further? That’s the Venturi effect. We’re having a Venturi effect with intel.
Bruce [via WiserNow] I know that there are rates on the bank screen I know that they should be locked in. …We should also have rates on redemption center screens, which is the better way to go…you should be absolutely thrilled with the rates that are available for all of our currencies.
World bank
Nader: 2-10-2024
NO ESCAPE: Major US Crisis HITS Europe Hard, China Deflation Panic, Argentina Debt Collapses
Sean Foo: 2-9-2024
The US commercial real estate crisis is getting worse and it’s not just US banks that are at risk of collapse, Europe is next on the chopping block.
The banking contagion has spread. China on the other hand is suffering from deflation, but does that mean their economy will collapse?
Here’s what you must know!
Timestamps & Chapters:
0:00 US Commercial Real Estate Implosion
3:15 EU Banks At Major Risk
6:41 Argentina Bonds Collapsing AGAIN
9:50 China Deflation Panic
13:07 Time To Buy China?