But as Joseph Bottum has suggested, «the single most significant fact over the past few decades in America — the great explanatory event from which follows nearly everything in our social and political history — is the crumbling of the Mainline [Protestant] churches as
central institutions in our national experience.»
Not exact matches
The governor of the
central bank plays a significant role
in the drafting of the
institution's mandate and he spends a good chunk of his research budget investigating whether there are better ways to achieve price stability.
Cynics suspect that the investors who took Rosneft's paper are just other state - controlled Russian
institutions who will dump the bonds at the
Central Bank
in due course.
«These attacks represent a risk to global markets
in 2017 by threatening to upend
central banks» roles as technocratic
institutions that provide financial and economic stability,» according to Eurasia Group.
Credit union
centrals, the wholesale
institutions that provide lending, payment processing and other services to credit unions, have also amalgamated
in recent years.
The fact of the matter is when you talk about
central banks, you're talking about powerful
institutions rooted
in their own management styles and tradition (even if the latter has just now seen a very unusual break) and it's not likely that one person can radically change things, even if he or she wanted to.
The Philippine
central bank has set up a separate cyber security surveillance division to craft cyber security policies and conduct surveillance work, monitor cyber threats and test the ability of supervised
institutions to manage cyber security issues, Nestor Espenilla
central bank deputy governor
in charge of banking supervision, said
in a lecture organized by the bank.
Major financial
institutions were debt - laden
in 2007, and the biggest
central banks of the world are now
in the same situation.
And, perhaps most strikingly, a team at a gaggle of New York research
institutions published a paper showing how they'd used hPSCs to cook up —
in just days, rather than several months — cortical neurons (critical
central nervous system cells) that had normal electrophysiological signaling properties.
Thailand's
central bank has instructed financial
institutions in the country not to engage
in a variety of practices relating to cryptocurrency, including investing
in them and facilitating their trade.
CEO Rawdon Adams told ETHNews that the system is intended to support P2P transactions
in addition to the «
institution to individual and potentially
central bank to
institution» varieties.
On July 1, 2017, the
Central Bank of the Republic of Kosovo released a statement informing the general public that «there is no
institution in the Republic of Kosovo that can guarantee the reimbursement of any money lost to virtual currency investments.»
And by the standards of other
institutions in Washington and
central banks the Fed is highly respected.
The European
Central Bank sometimes appears to be the sole eurozone
institution seeking to restore the economy,
in the absence of government spending stimulus.
Last week, the
central bank warned that Bitcoin carried substantial risks and issued new rules that prohibited financial
institutions from dealing
in the digital currency.
Sovereign Debt [held by private
institutions / investors] Craters
In Value Due To Both
Central Bank «Credibility» Destruction + Increasing Inflation Expectations.
The
Central Bank of Iran says it is cooperating with other
institutions to develop a new mechanism to control and prevent digital currencies
in Iran.
In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.&raqu
In contrast to other prominent banking
institutions, some of which are interested
in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.&raqu
in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «
In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.&raqu
In practice,
central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»
In a year full of buzz about the possible issuance of
central bank digital currencies (CBDCs), an official with the Bank of Japan (BOJ) has stated that the
institution will not introduce such a monetary instrument any time soon.
They already use money
in an electronic form
in the reserve accounts at the
central bank that can be held only by banks and other designated financial
institutions.
The Official Monetary and Financial
Institutions Forum has identified $ 29 trillion in equity investments by official - sector institutions, including central banks
Institutions Forum has identified $ 29 trillion
in equity investments by official - sector
institutions, including central banks
institutions, including
central banks (June 2014).
This heralds an era of tougher oversight from the
central bank, which could put some of these
institutions in play.
Last year, the member - owned network of banks and other financial
institutions revealed a successful proof - of - concept aimed at reimagining the nostro - vostro accounts used by companies to store cash around the world, and
in January, it signed an agreement with seven
central securities depositories to evolve the way the centralized organizations might leverage blockchain.
The
central bank also warned the public against investing
in virtual currencies and announced that it was working with other
institutions to clamp down on some crypto - related activities.
Until recently, forex trading
in the currency market had been the domain of large financial
institutions, corporations,
central banks, hedge funds and extremely wealthy individuals.
Asked about cryptocurrencies, European
Central Bank chief Mario Draghi commented on 5 February 2018 that bank exposure was not evident: «Let me first say that we are not observing a systemically relevant holding of digital currencies by supervised
institutions — by banks,
in other words.»
At the same time, Ludwig von Mises published an article
in 1920 called «Economic Calculation
in the Socialist Society» and a 1922 book, Socialism: An Economic and Sociological Analysis, arguing that comprehensive
central planning of the economy would be disastrous because
central planners lacked market prices and market
institutions to inform their actions, hence they would waste resources on a vast and even fatal scale.
Greece's
central financial
institution governor Yannis Stournaras warned the uncertainty risked «throwing away the difficult sacrifices» created by the place because it commenced implementing agonizing austerity
in 2012.
Indeed, by â $ ˜weâ $ ™, do we mean economists working
in large international
institutions,
in governments, and
in central banks?
At this point, the vast majority of people my age — being honest, the dividing line seems to be around 45 years old — roll their eyes and,
in a perfectly rational manner, argue that a currency is usually boring and backed up by meaningful
institutions such as
central banks.
When 10 - yr Bund yields fell to.05 pc, there was a ready rationalization
in the form of European
Central Financial
institution dedication to flood the market with $ 60bn (# 44bn) of clean liquidity each month.
The major long - term driver of the gold price is confidence
in the official money and
in the
institutions (governments,
central banks and private banks) that create / promote / sponsor the official money.
Launched
in June 2016, the Bank of England's FinTech Accelerator works
in partnership with new technology firms to harness financial technology solutions for
central banking
institutions.
For the financial markets, those risks are compounded by the unbalanced «risk - on» exposure that investment managers and
institutions adopted early this year, encouraged by a short - lived burst of economic activity, and faith
in a
central - bank backstop.
A
central bank is an
institution that usually issues the currency, regulates the money supply, and controls the interest rates
in a country.
Nearly 1
in 4
central bankers say their
institution owns stocks or plans to own stocks
in the near future, according to a Bloomberg report.
Researchers interested
in exploring the relationship between macroeconomic performance and the quality of monetary
institutions should consider augmenting the Fraser and Heritage data with additional institutional indicators, such as measures of
central bank independence, the use of monetary policy rules, freedom to use competing forms of money, and exchange rate regimes.
The meeting of the European
Central Bank's Governing Council on 20 July is expected to provide more guidance as to the rate at which the
institution will taper its programme of asset purchases amid evidence that economic growth
in the eurozone continues to improve.
Although financial
institutions have become more cost sensitive, with some considering relocating to less expensive space outside the CBD, high - quality and premium space is still sought after, especially by mainland Chinese firms which are increasingly setting up their offices
in Hong Kong (
Central)
in prestigious buildings.
Spain's
Central Bank has issued a public release detailing the risks and uses of cryptocurrencies and ICOs, highlighting that no regulatory
institution in the country has approved or registered either a cryptocurrency or an ICO.
Unlike several years ago, the majority of Greece's $ 315 billion debt is now owned by public entities; so we'd anticipate that any fallout would be contained primarily
in public
institutions such as the IMF and the European
Central Bank (ECB).
A major bank
in Thailand has reportedly terminated the bank account of a local cryptocurrency exchange, following an announcement by the
central bank prohibiting financial
institutions from...
In other words, financial
institutions rely on the fiat currency - generating machine known as the
central bank to shore up liquidity when times get tough.
Bitcoin was born
in the aftermath of the financial crisis, when distrust of financial
institutions was at a high, and a currency divorced from a
central bank found wide appeal.
According to the Kerner Commission's analysis, racist white America was similarly bereft of moral resources, such that government, rather than the
institutions of civil society that had been so
central to the classic civil - rights movement, had to become the principal agent of enforced social change
in order to deal with the crisis of an America «moving toward two societies... separate and unequal.»
This brings us back to the importance of self - study as the
central way to engage
in a theology of
institutions.
Because Troeltsch, at the beginning of this century, was keenly aware of many trends that became apparent to most observers only at its end: the collapse of Eurocentrism; the perceived relativity of all historical events and knowledge (including scientific knowledge); an awareness that Christianity is relative to its Western, largely European history and environment; the emergence of a profound global pluralism; the
central role of practice
in theology; the growing impact of the social sciences on our view of the world and of ourselves; and dramatic changes
in the role of religious
institutions and religious thought.
Since these «mixed» ventures may not always be the churches» most direct or effective way of fulfilling their
central function of explaining the ultimate meaning of life to their adherents — and certainly not if muffled by the requirements of public fisc — perhaps churches should be less eager to enter into what can at best be but a very unequal partnership with the public, and less tenacious
in clinging to «mixed»
institutions rather than letting them spin off to nonsectarian auspices.
After the rise of Hitler, Buber was appointed as director of the
Central Office for Jewish Adult Education
in Germany, where «he was responsible for the training of teachers for the new schools which had to be established as a result of the exclusion of Jewish students from all German educational
institutions.»
The historical context of Jesus, therefore, reflects a social and economic situation
in which exploitative urbanism, powerful redistributive
central institutions like the Roman state and Jewish Temple, concentration of land holdings
in the hands of the few, rising debt, and disrupted horizontal relations
in society were becoming the norm.69