Second straight quarter. It flames Week International demand and investment in ecommerce. Shery this hour brings another snapshot of the japanese economy. Trade data may show the deficit balloon in november. First, lets get you to the market action. Australia has come online. Sophie aussie shares opening, a little change to the upside with the benchmark twopoint shot of a fresh record. The aussie dollar Holding Losses after the rba reinforced the inw for its rba rate cut february. Pricing at a 59 chance. Thailand rates decision. Expect it to stay steady as it is stabilizing. We also waiting on japans november trade data later this morning. Nikkei futures pointing lower ahead of that. Overall, looking like a soft start of the session after asian shares closed at a high, with fresh eyes across the region including india. Right. L ll lets check in with the first word news with jessica summers. Jessica sterling slumped the most since january as fx traders gave a thumbs down to Boris Johnso
Talking about how different that service would be from the Caltrain Service today. We really are talking about migrating from something thats a traditional Commuter Rail service, where you have a few trains an hour, you have to remember your train number. To something that is for most stations in the system going to be much more of a showupand go service. By directional, allday, really an urban transittype service, where we would have express trains running all day. Express trains by directionally from gilroy all the way to downtown San Francisco. Faster, more frequent service, show up and go at most stations. Something that would have the capacity to triple our ridership and remove more than five freeway lanes worth of traffic from the system. Where we are in the process, we laid this draft vision out to our board in great detail in august. Weve been out taking input. And the t. A. Board is one of our last stops before we kind of go back and really try to distill everything we heard t
Highgrowth scenario being achieved. That said even the baseline scenario requires huge financial commitments. I just want to raise one other issue that potentially further complicates that. If the region is going to be making such huge financial commitments, its also important that all of the relevant local governments make the appropriate commitments about land uses, close to the caltrain stations. And that will necessarily mean that in many cases the density of Development Close to these caltrain stations. They need to be substantially increased, parking requirements will have to be reduced. But it really would be a squandered opportunity if the region makes significant investments in a system, but then typical suburban landuse patterns continue to persist around many of these stations. Thank you. Chair thank you for those comments. Are there any other members of the public here for item number 6 . Seeing none, we will close Public Comment. Thank you to caltrain staff for coming here
My advice to anyone that wants to compete this year is to find a topic that youre truly passionate about and pursue it as much as you can. This year were asking students to create a Short Documentary on the issue that you would like the president ial candidates to address during the 2020 campaign. Cspan will award 100,000 in total cash prizes. Plus a 5,000 grand price. Go get a camera, a microphone and go start filming and produce the best video that you can possibly produce. Visit studentcam. Org for more information today. Next, House Financial Services Committee Chair Maxine Waters holds a field hearing on combatting homelessness in the Los Angeles Metro area. And its impact on a national level. In this first portion, local government officials discuss the root causes of homelessness such as high rents, low wage growth, and a need for more government assistance. This runs 90 minutes. The committee on Financial Services will come to order. Without objection, the chair is authorized t
Washington, d. C. A couple weeks ago to testify before the house highways and transit subcommittee on the topic of pricing strategies. Americas roads. This is the first hearing that the Committee Held to talk about the way to pay for infrastructure. Not only did they discuss the gas tax, the traditional source, which is a declining source, but also explored permile tees, tolling and congestion pricing. So my testimony certainly emphasized the need for more longterm federal funding, in particularly raising the gas tax. But also to be exploring other innovative, diverse sources of revenue as well. On the federal fuel economy standards, as youve seen in the news, the e. P. A. And department of transportation announced new lower standards. Theres a conflict, of course, with our california standards and our stricter requirements. And really pleased that the governor has, along with other 20 other states, filed a lawsuit attorney general has filed a lawsuit to overturn the new rule. Were tra