Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health, governor Gavin Newsome and mayor breed have lifted restrictions on teleconference. This meeting is being held virtually with all members and staff participating via teleconference. This will ensure the safety of sfers board, sfers staff, and members of the public. While this allows us to hold meetings via teleconference, it may not be as seamless as it normally would be. A reminder to the public to mute your microphones to minimize background noise. Madam secretary, roll call, please. [roll call] clerk we do have a quorum. President bridges . Thank you, madam secretary. At this time, the board will be going into closed session. The board will begin with general Public Comment, but no earlier than 2 00 p. M. Well take Public Comment ongoing into closed session at this time. Madam secretary, please open the phone lines. Clerk members of the public who wish to provide Public Comm
Ceo of Electronic Arts, Andrew Wilson as we talk to him about the world of gaming and a lot more john, retrospective of apples event. Were bringing the east and west coast together. Apple unveiling its longawaited 5g iphone 12, but we have been questioning whether the 5g networks, especially here in the u. S. , are ready to drive demand. Josh covers apple for us i didnt see tim cook hedge at all in his 5g pitch yesterday. He was full steam ahead. Thats right, john. Not one bit. Experts are right, they have questioned whether 5g is really ready, but tim cook doubling down on that bet with his new iphone 12. The generation of technology that provides a step change in what we can do with our iphones, the next generation is here. Today is the beginning of a new era for iphone 5g promises faster everything, from movies to games, to all kinds of downloads, and that sounds exciting, but its still just a promise of what could be the reality right now is that 5g coverage here in the u. S. Is st
End. Reversing what we saw last week, 128 handle on the cable rate. We saw bank of england pushback earlier. Eurodollar, we are trying to get a 116 handle. 11645. The virus is setting the tone for growth in europe. Global covid19 cases are topping 33 million. We are nearing one million in death. Angela merkel warning germany could face more than 19,000 cases by christmas. The u. K. Health minister refused to allow more restrictions despite lawmakers pushing back against government curbs. Joining us from brussels maria, what have we learned about restrictions from different governments . We havent really seen anything new except for what was already announced last week. It has deftly changed in terms of perv Public Perception and tone. Story making headlines across europe is that warning from Angela Merkel that she is concerned about the virus. She is concerned about the number of cases we could see heading into winter and flu season. You have that number narrow there at 90,000 perhaps
Barreling toward the location where the Oil Production goes on. Energye about the oil space, what the 2020 policy has to do with that. We are going to turn our attention to the fed, the big event this week. The markets are watching the annual market symposium in jackson hole tomorrow. It will be virtual and the theme is navigating the decade ahead. The kansas city president Esther George spoke with michael mckee. I will offer you from my perspective this has been a useful process, process that really asks of ourselves to look at what we have learned over the past decade, to try to think about how the economy may have changed, and think about how we communicate to the public. The process in and of itself has been a useful one, and i will leave to the chairman to talk. Michael you have been considered an inflation hawk. Where are you on average inflation targeting . Is to bee my focus true to our price stability target, that our 2 really has to represent what is happening in the real eco
Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers to build at least 75 million 5g iphones for later this year in a sign that demand is holding up. Just under one hour away from the start of cash trading across europe. Lets take a look at what futures are showing yesterday after we closed yesterday down across the board in europe. We are now seeing futures rise. The ftse didnt sure cash in the futures are down. Index seeing the equity closed down with trading higher. Since the ftse missed out on the drop its futures are trading lower. We have gr