Did you make any commitments . We are above 2 . We are one of only four countries. Estonia, greece, and britain in the european union, and america, four out of 28. We have stayed above 2 even at a time when we have one of the biggest budget deficits anywhere in the world. I think that is important. I think it is worth looking at what the declaration says pretty what is remarkable is there has always been the 2 pledge in nato, but it has never been set out as clearly as this. It is very clear what has been signed up to. It makes a differentiation. It says those meeting 2 should aim to continue. Some year after year have not been spending 2 . It says allies whose current proportion of gdp spent is below on this level will default any aim toward [indiscernible] an aim to move toward the 2 within a decade. I would argue theres a lot that has been achieved. Proper Training Missions that will go to countries like jordan and georgia and iraq. Here an important breakthrough in terms of getting
Suspensions, of students, rather, questions about where does that put school safety. We will talk about that. With the new superintendent of Oakland School district. The only scheduled debate for governor happened just this week but did you catch it . Dont worry we caught it. We did our job. We have thoughts. We will share that with you. Lots coming up but a lovely day around the bay area, wall be it cooler than what we all be it cooler than what we saw yesterday. Bay bridge from the roof cam. Temperatures 50s all around the bay area except for one, 60 degree mark in oakland. We will see clouds hanging around afternoon sunshine for most of the bay area and temps a little below average here is mark with your headlines. One person is dead after a bizarre crash at a busy san jose freeway interchange it happened yesterday morning northbound u. S. 101 connector ramp to northbound interstate 680. Chp arrived to find a smashed up green honda and red mazda blocking the road. It was the end res
Morning. Ktvu alex savidge is out there on the scene. He will give us the very latest on the cleanup efforts that are certainly going under way right now. And also the investigation into how this started. But again Apartment Building in the twin peaks neighborhood of San Francisco. Good morning. Thank you for joining us. It is friday, september 5th im pam cook. Good morning, im dave clark. Lets talk about weather and traffic. Steve is right there. I am. 60 in San Francisco to start. 65 at noon. 68 which is pretty close to seasonal average for this time of year. Most locations will be. There is a little bigger fog bank today. And so far slightly stronger delta breeze. Only people would know because we look. The low cloud deck low to burn back. Very mild warm ocean temps keep low. Even with the fog on the mild side. And a little southerly breeze on the san mateo coast keeps it feeling almost tropical. 80s for some. 60s and 10 s for others. Steve, good morning to you. Traffic is doing wel
Races closely. They include alaska, colorado, georgia, iowa, kansas, louisiana, New Hampshire and North Carolina. The split in the senate is 53 democrats and 45 republicans, two independence so the Republican Party needs in net gain of six seats to take control of the senate and one the help is back today is iowa. That is where tom harkin is retiring from an open seat privately tied up between republican and four term democrats. Live for us in ankeny, iowa, north of des moines. What is the final pitch from the candidates today . Heather, think they both know it will be about turnout and their ground game. Because it is so close, they have to turnout every potential voter they have. Democrats are losing a long time champion of theirs with the harkin retirement and they hoped this would be a reasonable seats for them to hold on but this has been down to the way with polls as close as they are going into election day today. Harkin has been out campaigning with the democratic race, sparkin
Fees down, governance up as AMP Capital defends CommIF
Jul 14, 2021 – 11.40am
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AMP Capital is slashing management fees in its Community Infrastructure Fund to match an offer from competing management suitor Plenary Group and installing further governance controls at the $1.4 billion vehicle.
AMP Capital will cut management fees by up to 32 per cent over the next 12 months, moderating to an up to 15 per cent reduction after the special one-year discount applies, in a bid to retain the Community Infrastructure Fund (CommIF) that is the subject of three competing takeover offers.
AMP Capital is fighting to retain the $1.4 billion Community Infrastructure Fund.