blackstone code
Chapter 2534
While Lynch was planning how to satisfy everyone, Vera was already sitting on the seat of the permanent director unit of the World Bank Union Assembly.
As the representative of Blackstone Bank and the vice president of Vera's head office, she is also one of the most concerned people in the World Bank Alliance!
Blackstone Bank is different from other federal banks. It is better at international cooperation with international partners.
More than half of the banks here have cooperated with Blackstone Bank, such as seeking short-term loans from Blackstone Bank, or conducting inter-bank international settlement business.
Enterprises in some small countries cannot spend so many federal sols to buy federal products——
According to the regulations of the World Development Council and the Federation's actual status in the world, the Federal Sol is now the most mainstream international settlement currency.
To put it simply, if a company wants to buy suitable products in the international market, it must first have enough federal sols.
Except for large import and export companies with frequent bilateral trade that accept currencies other than the Federal Sol, basically smaller federal export companies are unwilling to accept currencies other than the Federal Sol.
It's not that they are picky, but that they don't have much use for it!
It is impossible for them to use these foreign currencies in the federal territory, not to mention whether the law allows it or not, no one can make change is enough for them to trouble their brains!
Like those large, comprehensive companies, such as the Mariello United Development Corporation.
They are willing to accept Malilo's currency because they not only export things to Malilo, but also conduct a large number of commercial activities such as purchasing raw materials in Malilo.
They sell their things into foreign currency, and then use foreign currency to buy goods in the country where the foreign currency is issued, so they don't care what currency the other party uses when they settle.
Because no matter what it is, as long as it is the mainstream currency in circulation in their country, legal currency, they can use it directly.
But those federal small businesses that do not have large-scale bilateral trade are unwilling to accept foreign currency payments, and will write them in their contracts.
The only designated currency in circulation in the Federation is the Federal Sol. After foreign exchange enters the Federation, it needs to be exchanged into the Federal Sol at a bank before it can be used.
In other words, after they get the foreign exchange, they not only need to convert it into Federal Sol, but also lose a handling fee, and even lose more benefits due to exchange rate fluctuations!
They originally planned to sell products worth 100 yuan, but they got back a lot of foreign currency. After these foreign currencies were exchanged, they might only be 90 yuan, so they didn't want this.
So what should we do for those international companies or individuals who do not have enough foreign exchange reserves and want to buy federal goods but cannot produce enough federal sols?
At this time, banks play a role. They can first lend Federal Sol from the bank and then pay it to the payee.
When they need to repay the loan, they only need to return the domestic currency. Of course, a little handling fee needs to be added, but not too much.
Different banks conduct foreign exchange reserve adjustments every cycle, and conduct settlements with other banks on some account transactions, each taking what it needs.
These banks have a relatively close relationship with Blackstone Bank, and they will often lend Federal Sol from Blackstone Bank for the international trade of domestic enterprises.
Blackstone Bank has the most abundant cash flow among Commonwealth Banks, and the interest rate is not too high, the procedures are simple, and the shares that can be given are also large. Everyone is willing to cooperate with Blackstone Bank.
Originally, they heard that Blackstone Bank had also joined the World Bank Alliance. Many bank presidents, founders, major shareholders, etc. planned to have a good chat with Lynch.
Unexpectedly, a lady came this time, which made them somewhat disappointed.
Lynch's legendary story is being gradually spread all over the world. His name and the "Federal Dream" have been bound together, and he has become a cultural symbol that cannot be ignored in cultural exports!
When people mention the freedom, fairness, and opportunities of the Federation, Lynch is often used as a means of propaganda!
He is a federal rich man from the bottom of the society. He has no prominent family background, and he didn't know any great people in the early days of his business.
Every step he takes is traceable, and although some of his business may not be legal at first, there is no clear law prohibiting him from doing it.
He inspired everyone who listened to his story, and his story gave birth to the idea of starting a business in many people.
His success made everyone believe that there really are miracles in this world!
Lynch, the creator of the federal dream, created the most shining federal dream!
Some people have even suggested that Lynch's story and some deeds be included in federal textbooks. In addition, Lynch's bust is occasionally seen in school corridors in some foreign countries.
Accompanying his bust is a short story about two hundred words about his hard work and success in the face of adversity——
It is worth mentioning that most of the short stories are fictitious and did not really happen.
Most of the students who need these things to motivate themselves are unlikely to meet Lynch face-to-face and ask him "Did you do the thing that the bust in the hallway says?"
Lynch is the core symbol of the current mainstream culture, and his success is all-round.
Wealth, politics, social status, and international social status, so many people hope to have close contact and communication with such a young, living legend.
This will be a much-anticipated "growth" for them!
At this time, Vera, who was being watched by many people, sat calmly and calmly in her chair. She was used to this kind of environment, being noticed by people and becoming the focus.
More than 70.00% of the representatives of the governing units here have contacted her privately, exchanging business cards and opinions.
These exchanges made Vera vaguely feel that this World Bank alliance is not a good thing for the current federation.
She has worked hard to study, read books, and supplement relevant professional knowledge for herself.
But some things are not recorded in books after all, or can be mastered by reading books!
She doesn't know why she has such an idea. The entire World Bank Union seems to be a loose intermediary organization, responsible for coordinating some transaction issues among the governing units.
But unfortunately, it didn't feel very good to Vera.
At this time, everyone is exchanging some experiences about international business. Not all banks have the opportunity to participate in international business.
Some small local banks, and even the central bank, have not participated.
The purpose of their hope to join the World Bank Alliance is to expand their business scope and seize this important opportunity!
Suddenly, a lot of people bent over and ran in from the outside with their bodies lowered. Vera also noticed that her assistant did the same and approached her side, and then squatted by the armrest of her sofa.
"There is news that you must want to know. The exchange rate of the Federal Sol has fallen again, and some banks have suspended settlement business."
"As a result, international trade has also been stagnated to a certain extent, and stocks all over the world are falling..."
Vera couldn't believe it after listening to it. She looked at the assistant and asked, "Why is this happening?"
The assistant gave an answer that he expected, but unexpectedly, "The third trial of the Federal Reserve Bank is over, and they still haven't been able to regain control of the situation."
"Moreover, the Ministry of Justice revealed that the next court hearing may be the final one. If they cannot produce more strong evidence, they will reject their subsequent legal claims."
"Don't let them drag the case down."
No wonder!
After hearing this, Vera already knew why the exchange rate of the Federal Sol fell, and why stocks all over the world fell.
Although the war ended less than five years ago, the Federal Sol has quickly become an insurmountable link in the international trade system!
Even before the war began, Mr. Lynch and Mr. Truman began to pave the way for the international status of the Federation Sol.
Therefore, it is not the "fruit of victory brought by victory in the war" in the eyes of some people, but the seeds planted early!
Once there is a problem with the value system of the Federal Sol, it will inevitably cause problems with the world economy.
"Also, Mr. Lynch said that he will call you at night..."
Stocks around the world began to fall as international trade stalled due to the fall in the Federal Sol.
This is an unprecedented thing, and it also makes everyone realize the importance of the Federation Sol to world trade and to all countries in the world!
Some people are uneasy, and their uneasiness is about the future of the Federal Sol and the Federal Reserve Bank.
Others are equally uneasy, but their uneasiness is because they are worried that the Federal Sol has actually kidnapped the economic and financial order of the entire world!
After such a thing happened, no one was in the mood to continue chatting in the meeting, and the meeting ended quickly.
After returning to the hotel, Vera made many phone calls and chatted with representatives of other banks about the emergency.
The Federal Sol exchange rate has fallen by [-]%, which seems to be... very inconspicuous?
But if the naturally floating exchange rate is included, its peak value is magnified to [-]% or even [-]%!
Losing [-]% out of nowhere is unbearable for any enterprise.
Now that the pressure of international trade competition is so great, the profit of many enterprises is actually more than ten percent.
Let them do nothing or even lose money all of a sudden, they must find a way to procrastinate.
This is also human nature.
Moreover, the federal government also issued a new announcement later, saying that it will treat this lawsuit with caution and find a suitable solution.
At nine o'clock in the evening, the phone in front of Vera rang on time...
As the representative of Blackstone Bank and the vice president of Vera's head office, she is also one of the most concerned people in the World Bank Alliance!
Blackstone Bank is different from other federal banks. It is better at international cooperation with international partners.
More than half of the banks here have cooperated with Blackstone Bank, such as seeking short-term loans from Blackstone Bank, or conducting inter-bank international settlement business.
Enterprises in some small countries cannot spend so many federal sols to buy federal products——
According to the regulations of the World Development Council and the Federation's actual status in the world, the Federal Sol is now the most mainstream international settlement currency.
To put it simply, if a company wants to buy suitable products in the international market, it must first have enough federal sols.
Except for large import and export companies with frequent bilateral trade that accept currencies other than the Federal Sol, basically smaller federal export companies are unwilling to accept currencies other than the Federal Sol.
It's not that they are picky, but that they don't have much use for it!
It is impossible for them to use these foreign currencies in the federal territory, not to mention whether the law allows it or not, no one can make change is enough for them to trouble their brains!
Like those large, comprehensive companies, such as the Mariello United Development Corporation.
They are willing to accept Malilo's currency because they not only export things to Malilo, but also conduct a large number of commercial activities such as purchasing raw materials in Malilo.
They sell their things into foreign currency, and then use foreign currency to buy goods in the country where the foreign currency is issued, so they don't care what currency the other party uses when they settle.
Because no matter what it is, as long as it is the mainstream currency in circulation in their country, legal currency, they can use it directly.
But those federal small businesses that do not have large-scale bilateral trade are unwilling to accept foreign currency payments, and will write them in their contracts.
The only designated currency in circulation in the Federation is the Federal Sol. After foreign exchange enters the Federation, it needs to be exchanged into the Federal Sol at a bank before it can be used.
In other words, after they get the foreign exchange, they not only need to convert it into Federal Sol, but also lose a handling fee, and even lose more benefits due to exchange rate fluctuations!
They originally planned to sell products worth 100 yuan, but they got back a lot of foreign currency. After these foreign currencies were exchanged, they might only be 90 yuan, so they didn't want this.
So what should we do for those international companies or individuals who do not have enough foreign exchange reserves and want to buy federal goods but cannot produce enough federal sols?
At this time, banks play a role. They can first lend Federal Sol from the bank and then pay it to the payee.
When they need to repay the loan, they only need to return the domestic currency. Of course, a little handling fee needs to be added, but not too much.
Different banks conduct foreign exchange reserve adjustments every cycle, and conduct settlements with other banks on some account transactions, each taking what it needs.
These banks have a relatively close relationship with Blackstone Bank, and they will often lend Federal Sol from Blackstone Bank for the international trade of domestic enterprises.
Blackstone Bank has the most abundant cash flow among Commonwealth Banks, and the interest rate is not too high, the procedures are simple, and the shares that can be given are also large. Everyone is willing to cooperate with Blackstone Bank.
Originally, they heard that Blackstone Bank had also joined the World Bank Alliance. Many bank presidents, founders, major shareholders, etc. planned to have a good chat with Lynch.
Unexpectedly, a lady came this time, which made them somewhat disappointed.
Lynch's legendary story is being gradually spread all over the world. His name and the "Federal Dream" have been bound together, and he has become a cultural symbol that cannot be ignored in cultural exports!
When people mention the freedom, fairness, and opportunities of the Federation, Lynch is often used as a means of propaganda!
He is a federal rich man from the bottom of the society. He has no prominent family background, and he didn't know any great people in the early days of his business.
Every step he takes is traceable, and although some of his business may not be legal at first, there is no clear law prohibiting him from doing it.
He inspired everyone who listened to his story, and his story gave birth to the idea of starting a business in many people.
His success made everyone believe that there really are miracles in this world!
Lynch, the creator of the federal dream, created the most shining federal dream!
Some people have even suggested that Lynch's story and some deeds be included in federal textbooks. In addition, Lynch's bust is occasionally seen in school corridors in some foreign countries.
Accompanying his bust is a short story about two hundred words about his hard work and success in the face of adversity——
It is worth mentioning that most of the short stories are fictitious and did not really happen.
Most of the students who need these things to motivate themselves are unlikely to meet Lynch face-to-face and ask him "Did you do the thing that the bust in the hallway says?"
Lynch is the core symbol of the current mainstream culture, and his success is all-round.
Wealth, politics, social status, and international social status, so many people hope to have close contact and communication with such a young, living legend.
This will be a much-anticipated "growth" for them!
At this time, Vera, who was being watched by many people, sat calmly and calmly in her chair. She was used to this kind of environment, being noticed by people and becoming the focus.
More than 70.00% of the representatives of the governing units here have contacted her privately, exchanging business cards and opinions.
These exchanges made Vera vaguely feel that this World Bank alliance is not a good thing for the current federation.
She has worked hard to study, read books, and supplement relevant professional knowledge for herself.
But some things are not recorded in books after all, or can be mastered by reading books!
She doesn't know why she has such an idea. The entire World Bank Union seems to be a loose intermediary organization, responsible for coordinating some transaction issues among the governing units.
But unfortunately, it didn't feel very good to Vera.
At this time, everyone is exchanging some experiences about international business. Not all banks have the opportunity to participate in international business.
Some small local banks, and even the central bank, have not participated.
The purpose of their hope to join the World Bank Alliance is to expand their business scope and seize this important opportunity!
Suddenly, a lot of people bent over and ran in from the outside with their bodies lowered. Vera also noticed that her assistant did the same and approached her side, and then squatted by the armrest of her sofa.
"There is news that you must want to know. The exchange rate of the Federal Sol has fallen again, and some banks have suspended settlement business."
"As a result, international trade has also been stagnated to a certain extent, and stocks all over the world are falling..."
Vera couldn't believe it after listening to it. She looked at the assistant and asked, "Why is this happening?"
The assistant gave an answer that he expected, but unexpectedly, "The third trial of the Federal Reserve Bank is over, and they still haven't been able to regain control of the situation."
"Moreover, the Ministry of Justice revealed that the next court hearing may be the final one. If they cannot produce more strong evidence, they will reject their subsequent legal claims."
"Don't let them drag the case down."
No wonder!
After hearing this, Vera already knew why the exchange rate of the Federal Sol fell, and why stocks all over the world fell.
Although the war ended less than five years ago, the Federal Sol has quickly become an insurmountable link in the international trade system!
Even before the war began, Mr. Lynch and Mr. Truman began to pave the way for the international status of the Federation Sol.
Therefore, it is not the "fruit of victory brought by victory in the war" in the eyes of some people, but the seeds planted early!
Once there is a problem with the value system of the Federal Sol, it will inevitably cause problems with the world economy.
"Also, Mr. Lynch said that he will call you at night..."
Stocks around the world began to fall as international trade stalled due to the fall in the Federal Sol.
This is an unprecedented thing, and it also makes everyone realize the importance of the Federation Sol to world trade and to all countries in the world!
Some people are uneasy, and their uneasiness is about the future of the Federal Sol and the Federal Reserve Bank.
Others are equally uneasy, but their uneasiness is because they are worried that the Federal Sol has actually kidnapped the economic and financial order of the entire world!
After such a thing happened, no one was in the mood to continue chatting in the meeting, and the meeting ended quickly.
After returning to the hotel, Vera made many phone calls and chatted with representatives of other banks about the emergency.
The Federal Sol exchange rate has fallen by [-]%, which seems to be... very inconspicuous?
But if the naturally floating exchange rate is included, its peak value is magnified to [-]% or even [-]%!
Losing [-]% out of nowhere is unbearable for any enterprise.
Now that the pressure of international trade competition is so great, the profit of many enterprises is actually more than ten percent.
Let them do nothing or even lose money all of a sudden, they must find a way to procrastinate.
This is also human nature.
Moreover, the federal government also issued a new announcement later, saying that it will treat this lawsuit with caution and find a suitable solution.
At nine o'clock in the evening, the phone in front of Vera rang on time...
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