Staging area just south of st. Helena in rutherford. We are pretty much surrounded by fire on the hillside all around us. There is activity on Spring Mountain road and we tried to go there. But we got blocked. It was too dangerous even for media crews. We saw a cal fire investigator gathering evidence of a fire that seems to have started off of the road next to a steep hillside. There were evidence markers and he was on his hands and knees using Electronic Devices to scan for clues. The investigator did not say much about why he was there. The blaze raced up the hillside where firefighters were called in. We spent the morning around the hills southwest of calistoga. One benefit of the inversion layer is the thick smoke trapped in the valley is starving the fire of oxygen. Much of the town is empty under mandatory evacuation order. We did meet buster davis. He survived the 2017 fire. He says he has worked too long and too hard to walk away now. This is my life. Aint nobody going to tell
The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a correction in the highflying tech sector. We saw u. S. Stocks falli
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of
Of the minutes. Any Public Comments on the minutes . Hearing none, all those in favor . Opposed . Motion carried. Next item. Item 4 is general Public Comment, members of the public may address the commission on matters that are within the commissioners jurisdiction and are not on todays agenda. I have three speaker cards here. The first is eileen. Good afternoon. Eileen, coalition for San Francisco neighborhoods on my own behalf. I live two blocks from sunset reservoir. I attended the Community Meetings before the retro fit of north basin. When asked why south basin was not being receipt retrofitt d retrofitted, it made no reference to north basin. In the puc report from 2018, the report states that both basins have been retrofitted. In the current 10year capital plan, the plan does refer to south basin. Currently there is an 8 million allocation in fiscal years 2830. The line item is line 109 in the water enterprise spreadsheet. The item description is to update the 1996 Risk Assessme
Favor . Opposed . Motion carried. Next item. Item 4 is general Public Comment, members of the public may address the commission on matters that are within the commissioners jurisdiction and are not on todays agenda. I have three speaker cards here. The first is eileen. Good afternoon. Eileen, coalition for San Francisco neighborhoods on my own behalf. I live two blocks from sunset reservoir. I attended the Community Meetings before the retro fit of north basin. When asked why south basin was not being receipt retrofitt d retrofitted, it made no reference to north basin. In the puc report from 2018, the report states that both basins have been retrofitted. In the current 10year capital plan, the plan does refer to south basin. Currently there is an 8 million allocation in fiscal years 2830. The line item is line 109 in the water enterprise spreadsheet. The item description is to update the 1996 Risk Assessment report, the project justification states, i quote, sun set south basin is cri