Bank of Russia Predicts 2015 Stagnation on Sanctions, Oil

The Financial Stability Board proposed new rules requiring banks to have a total loss absorbing capacity of up to 20% of their risk-weighted assets, effective from 2019. Western sanctions and falling oil prices are impacting Russia's economy, causing the ruble to rise against the dollar. President Obama, visiting China for the APEC Forum, emphasized the economic growth potential in Asia for the U.S. economy. Meanwhile, Janus Capital saw significant growth in net deposits after hiring Bill Gross from PIMCO, as the firm aims to rebuild its brand.

What is the proposed total loss-absorbing capacity requirement for banks according to the Financial Stability Board?

• 10% of risk-weighted assets

• 15% of risk-weighted assets

• 25% of risk-weighted assets

• 20% of risk-weighted assets

What are the main factors contributing to Russia's economic stagnation?

• Increased foreign investment

• High inflation and unemployment

• Western sanctions and falling oil prices

• Rising interest rates

By how much has the ruble increased against the dollar recently?

• 1%

• 2%

• 3%

• 4%

What is the significance of the Asia-Pacific region according to President Obama?

• It is a major source of global economic growth

• It is a declining market

• It has no impact on the US economy

• It is primarily an agricultural region

What impact did hiring Bill Gross have on Janus Capital?

• It led to a decrease in net deposits

• It resulted in over a billion dollars in net deposits

• It caused a loss of key clients

• It had no impact on the company's performance