That i receive the project value in full. At the beginning of the project, i need financing. I will receive the money at the end one year later now. I want financing to actually equip the workshop or buy machinery or anything else. I can use these demands that i have from my employer as a financing tool, which is called this process, based on the contract i signed with him. A Third Party Financial institution comes and discounts this contract from me and says that you are going to receive this money from your employer one year later. The explanation of the story means that the rest will be profitable. Yes, now it depends at what rate does he want to discount it . I am definitely ready to finance myself now with a discount rate so that i can actually get an education from the bank without having to go to the bank or want to publish bonds somewhere. Simple, if i have a project or a contract with you that is going to be done in 3 years and i will receive 3 billion from you, let me know as
At the category of documents is in this law. See what problems we have in the issue of documents. Which can be collateral or banks are our collateral institutions the assets that are accepted as collateral are very limited, mainly property collateral is accepted as collateral, if we have a very serious diversity. Of the types of assets or income streams that can be collateralized, and in many countries it is collateralized, one of the innovations of the law is precisely the expansion of the scope of documents, that is , we can introduce different assets and income streams as collateral. Let me give you an example. From all assets, movable and immovable property, one of which is actually, for example, a unit and a business, and these are taken from your brand and the brand name to assume a reward. End of service of employees, continuous income streams , for example, lets assume continuous benefits, subsidies , shares, various types of assets that come to your mind in summary, it is ment
I just want to leave this as a guarantee the title, for example, the guarantee of good performance for another project, means that the income stream from the project is mine, i did not sell it to anyone, yes, but i left this as a guarantee or as a guarantee to either get a facility or do any other work, lets go in. Lets talk about guarantee , what is happening to guarantee, here too , Institution Building is happening. Yes, there is an institution. Tazmin baz is another innovation of the law, which again gives the responsibility to the ministry of economy. The law also states that nongovernmental guarantee institutions under the supervision of the ministry of economy can be established and issue guarantees for now, any activity that those Companies Want to do, we only have a guarantee for the Capital Market, but this can be much more general, that is, it can be a trade union , more comprehensive, and for the work of people in different places, the ironmongers can have a guarantee fund,
In favor of brexit. That was like a tectonic shift and it was a major change with consequences that were both farreaching and unclear. Brexit changes everything, but how . So businesses, institutions and policymakers have been looking at this ever sense and rands study that we are talking about today looks at some possible outcomes and what they mean or our Economic Policy and for our operation so im excited to see many friends of the Wilson Center here today and that rand. Im going to introduce our panel and my idea is that we will hear from charlie about the bulkof this study. Turn this over to then michelle for some comments and then have fran and howard way in. Who are these people, you may ask . Charlie reese, Vice President international at rand, former Us Ambassador degrees and with a distinguished state Department Career including hosting the secretary for europe. Mister council for Economic Affairs in london and the European Union. In iraq he served as coordinator for economic
A policy decision out of the bank of korea staying on hold as expected. Surveyed that we stated that the bank of korea would stay on hold at 1. 5 . Who succeedsas to the governor as this was his last decision as the governor of the bank of korea. There has not been a lot of consensus over who replaces him or if he gets reappointed. Take a look at this chart. This is the conundrum they are facing. We had the rate rise in november. Export growth is also coming in a little bit weaker in terms of that last read that we had. Debt is oneath of the conundrums that bank of korea is facing. Banks, aany central fine balancing act. It is largely down to the fed. Take a look at the market reaction. Lets go over to sophie. Sophie you have text talks global stocks are rallying. Stocks in tokyo are rising. Have all of these stocks rising for a fifth straight day. Morgan stanley cannot a report saying that lithium prices will peak this year and have by 2021. An eye on keeping chinese lithium stocks at