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Republic. In our there are also worthy teachers in the city who could share their experience at a fairly good level, and indeed, i think that this would be interesting not only for our teachers, but also for teachers from russia, thank you, yes, anton vladimirovich, well there you go such uh, ours contacts, meetings, like now, they are precisely important because they appear, these are the ideas that are now. Generated, here , coming from you, formulated by you, this is very cool, but it simply never occurred to anyone, it was considered sufficient, well and you yourself said that in general this system works normally, namely the system of relationships directly between twin cities , sister republics there, and so on and so on, well , school to school, and even more so teacher to teacher, well, somehow even before that didnt get there, but if you feel like this work is on the rise, brings good results, so we can build it a little, even more specifically , well, its probably great, lets ....
It were, remains an important trading partner of ukraine. But again, at the political level, we have a certain cooling and this is the appointment of the ambassador, it is very important , it is small. It is already a little, if it is a track to promote and show some progress. In shanghai that is, thats it there is a positive shift in terms of acquiring our agrocultural agrarian exports, there are certain positive shifts, but if globally tectonically so far, well, we do not see results, i think that it is possible that they will be in the future, and again, well, from the point of view , it is necessary to maintain a dialogue because, well in china he is always there, regardless of competition, for example americanchinese competition, dialogue at a high level or an additional precise level, so lets see how they will develop further lets say its an initiative, but the fact that this appointment is a good way. Its a good step its a fact, but unfortunately, we have a geopolitical geograph ....
Will still try to create their own union that russia and north korea will lose here such a role as its main allies from the point of view of the fact that they simply have nowhere else to go than to negotiate with the foam , in fact, in fact, we see this and it will be and there is such an american liberal, robert kogan, he wrote a book about the english crowback, that is, the jungle is returning there, and he wrote about the return of the era of confrontation between the great powers, and there he, well, this whole article, he wrote a whole chapter about the fact that this will be a block confrontation and the United States will be lets say that in well, they will control such a conventional western blog that will oppose such a eurasian bloc where it will try to lead the peoples republic of china and china, and so it is very important for china to form its own such a group of countries first of all, as you correctly emphasized, it ....
Liquidity. And we cant let this narrative go unchallenged. Youve seen it in the fsoc annual report. There was a drive by of it in the multi Agency Report that came out last october. And ive been around this town long enough there always has to be a boogeyman somewhere when youre trying to misdirect. I think this is an area that we need to encourage and not run away from and not vilify, not accept the standard pushback that were getting. And the second point, too which is this notion of the aggregate impact of regulation. And your question, which i think is a good one, how much of it is standard post crisis and how much of it is regulation. I was listening closely to sandy. I think weve reached a point where weve seen historically 2008 to maybe into 11 where there was a lot of prudent Risk Management undertaken in response to a crisis. I dont think you can parse them out any l ....
Whats needed is an order displaced facility. It doesnt have to be mandated by the government, bit has to be something where private entities can create these things where the price res made public, not necessarily through a consolidated system. But if not reuters or others will consolidate the information just as incident either active does. But most importantly, a system where youre not allowed to trade through those prices because youre not doing your client a service by failing to pick up the easy to pick up trade. There is one additional complicate. If you say you cant trade through that price, you must make that price available so it can be taken. But if anybody can take a price, then it has to be the case that the trading system has to be an all to all system where if i grab it i can settle the trade. We do this all the time in equities. Why should it be so difficult to do it in another system. Theyre just securities. So lets settle them up that way. These are the order handling ....