Mean theres a look at the campaign to save one of the worlds endangered mammals the white rhino. Theyre not allowed to protest but thats not stopped thousands of egyptians from demonstrating determined and defiant they marched to voice their frustration about the economy poor Living Conditions and corruption they want president Abdel Fattah Elsisi out at least 3 people have been killed and several others were arrested jamal as more. This pride with threats of arrest or even death egyptians took to the streets in several areas across the country on friday. They dubbed it the friday of rage to demonstrate their opposition to the rule of opting for the c. C. And demand that he resigns. Slogans like this saves outloud the. Dont be scared of c. C. Has to go were heard in cairos one neighborhood. In the giza governorates which has been the epicenter since protests began last sunday police and other security personnel were deployed in force. This latest wave of antigovernment an anti military
Especially during this local emergency. If you need assistance with Small Business matters, continue to reach out to the office of Small Business. Item 7, adjournment. Action items. Adjourn. Do we have a motion to adjourn the meeting . By commissioner ortiz. Seconded by commissioner dulie. [ roll call ]. Motion passes. The meeting is adjourned. Thanks, everybody. Thank you. We will see you next week. Yeah, see you next time. Yeah. [ ] good morning, everyone, the meeting will come to order. This is the september 30, 2020, rescheduled budget and finance Committee Meeting. Im sandra lee fewer. Im joined by Shamar Walton and ra rafael mandelman. I would like to thank kaleena from s. F. Government for broadcasting this hearing. Members will be participating in the meeting remotely. This precaution is taken pursuant to the various local, state, and federal orders. Committee members will attend the meeting through Video Conference and participate in the meeting to the extent as if they are ph
Heavily political negotiation we said we cannot tell what is going to happen. The market seems to believe there will be some kind of stimulus, the dow up this morning up 150 and nasdaq of 171. Plenty of green on expectation of a stimulus deal. As for the white house, doctor sean conley says the president has responded extremely well to treatment. And expects him to return to public engagement, mr. Trump is going to do just that, hes going to florida for a rally tomorrow. Speaker pelosi questioning the president s fitness for office, she intends to bring up the 25th amendment to the constitution which is about the presidencapacity to function. On the one hand they negotiating training in dollar stimulus plan and on the other the speaker questions mr. Trumps ability to run the country. To the debates, more confusion. Mr. Trump will not participate if its virtual, joe biden says he will be there anyway. But he has scheduled a town hall with abc on debate day, october 15 and a raging debat
Hang seng is flat. Taiwan is the leader on the board. We will talk about tsmc. They are gaining on the back of the apple news. We continue to watch dollar renminbi. 16 month high for the yen. We could be set for the best performance ever for the renminbi. Look at whats going on the rest of g10. Still seeing a strong yen. Pound is gaining for a third day at 129. The dollar falling to the twoweek low ahead of the fed decision. Take a look at bond yields ahead, not much movement. Its pretty quiet before the fed. Six the seven basis points for u. S. 10 year. Bondsl off in government the fall off in government bonds may have run its course. Saw the biggest cash injects and since 2018. Crude jumping on the back of that Better Chinese data we got yesterday. Back to our top story. A big win on paper, but not much in the real world. Says that Donald Trumps tariffs on chinese goods violated International Regulations, but its unlikely to make much of a material difference. Lets get more from our
Richard we think the additional fiscal support will likely be needed. I think, it is very clear that the cares act, which passed in march was a historic government response to a historic crisis. A thrill that a 3 billion dollar package provided significant support to the economy. The economy has made a lot of progress, about 11 million jobs have returned, but there is a deep hole. Steve, theng us is portfolio manager. I wonder if you can piece those two things those two things together. It seems like there is still a rotation. Fed official after fed official are calling for more fiscal stimulus that we will not get. Steve i think we are going to get it, but not before the election, because i think it is a political football, and now you have the Supreme Court battle that will show us that will suck all of the air out of the room. After the election, or in the new congress if one side or the other scores a victory. You will get additional fiscal support. I think it makes sense, the econ