Done and reform but this is a very sensitive issue as we all know we have taxation thats high on the agenda so we might get some kind of minimum tax form which a National Corporations we have migration on the agenda we have to digitize ation how to educate people how to use digitisation as a source for economic froze so there are many issues that need to be tackled but actually everybody will look at how does Climate Change in trade come out of it so its will be a very critical summit ok climate. Climate politics and trade the 2 areas where we could see progress claudio thanks very much for coming in. Lets break down some of the other stories making the news this hour at least 5 people have been killed in a stampede at a packed raf concert in the old carrion capital of cheers thousands of gathered at a concert by a local rap artist. Video posted online shows medics attending to some of the us. The prominent kremlin critic alexy has been released from prison after serving 30 days a mosc
There is quite a lot going on. If you look at btps, this is the one thing we need to look at. Stocks, climbing, treasuries, slipping. Retreating. Carmakers leading the gains. Contracts also advancing after the s p 500 index close lower. Lower. Ed towe we speak to the German Economy minister and get his take on the slowing economy. Dont miss that interview at 3 p. M. London time. We are also getting some details from norways Sovereign Wealth Fund about the secondquarter performance. Dani burger has details. Not as bright as we saw last quarter. Fundss sovereign wealth 8 , they hadpoint a gain of about 3 . Comparing that to last quarters return of 9. 1 . I have been digging through some of this report and see exactly what the layout looks like. In terms of how different investments did, Equity Investments returned nearly 70 . Equity, 2. 7 , mirroring what we saw last year. The issue was the global uncertainty we saw. Keep in mind, this was the Second Quarter. This was not even before we
Right . No. I will talk and talk and talk some more. [ laughter ] you guys ready for a warm up . Its coming. It is coming. Well hit about 90 today and hotter tomorrow. So if you enjoy the summer like weather, its on the way back. There is a beautiful view of some blue sky above the low clouds this morning. We are with fog around the bay area as well. I could soak up the view. That is amazing. The temperatures are cooler. As we get into the second part of the afternoon, a look at the jump in temperatures. The Golden Gate Bridge, swallowed up by the fog, and low 60s in oakland and livermore and san jose. Here is a look at how much cooler we are, areas over napa, san jose, concord, and livermore, 5 to 7 degrees. So a noticeable one, and in the afternoon, a reversal. And across the bay, patchy fog reported over the north bay. You can see visibility is pretty good for the central and south bay locations. Novato and santa rosa, the stretch along highway 101, patchy and dense, visibility less
Not thethe process trigger. It says the protests are not the trigger. Tom more mixed messages on trade china says on trade. Trump says he wants to hold a phone call with president xi jinping soon. Signs of some positivity, at least when it comes to the earnings. Alibaba beating the street. David something to take advantage of. The data has been bad. Singapore and we have hong kong, worstcase scenario growth is at zero. Why yields are where they are and why the boj might need to step in. Yvonne a lot of movement in the last couple of hours when it comes to the bond market. You mentioned hong kong, final numbers come out today after the government slashed their forecast. They are announcing a whole wave of measures to boost the economy. We will see if they do enough to prevent hong kong from entering into a recession. Weare still looking weak could be on set for a fourth straight week of decline. U. S. Futures were positive. We have seen the reese deepening of that yield curve the steepe
Good news to report. It was moving very quickly. They got a lot of crews in there to get a handle on it but lets took a look at chopper 5 you can see the backup. To the nimitz freeway. The damage is already done. This is very close to livermore the roadway is not clear of and along the ultima pass but debris the good news is that cars are moving. Is that the fire is out. Back to you. As before they were at a. The northbound direction. Last call for a popular this is a much better situation east bay pub. Than it was five minutes ago we the latest local business closing up shop. Left to take another live have to update this information look outside from our Treasure Island camera. Looking at San Francisco. A multicar accident felony low clouds to start on this southmont approaching the san monday. We will be right back. Right now, earn 60,000 bonus miles mateo bridge looking at issue. The san mateo bridge itself looks pretty good to go once he hop on a and are passed the thought him. Let