Two or three hours ago. The vix comes in from 44 to 41. There is a whole idea of an expanding pandemic all the throughout multiple geographies. There is optimism with Research Houses reaffirming some form of vshaped recovery. It is the oddest monday i can remember. Francine it is a pretty odd monday, although i have to say i have had other odd mondays. Thats get to first word news with ritika gupta. Economyin china the keeps inching its way out of the coronavirus, less industrial output rose 4. 4 percent in may from a year earlier. At missed estimates, and consumer demand is sluggish. Retail sales declined more than expected. So did fixed asset investments. The white house top economic advisers rejecting a more cautious outlook for the economy. Larry kudlow says the chancellor will be the chance will be for a vshaped recovery. He told cnn the Unemployment Rate will fall and 2021 will be another solid year. Kudlow also said the 600 a week on his payments made some americans will end jul
At the same time, it is authorizing sanctions against chinese officials. We will be live with reaction from the forbidden city. European futures prove their resilience after a more mixed session in asia. Angela merkel says it may take time to iron out the details of eus mammoth stimulus package. And lufthansa sets up a showdown with the eu by holding off on a vote for its 9 billioneuro german rescue plan. Cites requirements over landing slots at key hubs. Just under an hour from the start of cash equity trading. Lets look at futures. Instituteat the ifo expects german gdp to shrink 6. 6 in 2020 and then expand 10. 2 in the year after. That is a pretty decent sized contraction, and yet futures are Still Holding higher. Futures up 1. 3 on the dax. It has been a Pretty Amazing week for the dax index. We kicked off up 304 points in change and were up more than 100 tuesday and 150 yesterday. The dax has gained a lot of basically to11,000 11,006 heard 50 yesterday 11,650 yesterday. S p and d
Either working or watching out international this monday morning where its just gone 9 oclock here in the russian capital now President Trump has lashed act against democrat politicians for supporting the idea of Defunding Police departments in the wake of George Floyds death the brutal killing of the black man by officers sparked nationwide protests and on saturday the mayor of minneapolis which has been at the epicenter of the Current Protest Movement was booed for refusing to cut spending on your own for some. I think i was yes yes yes yes yes no not anderson arent getting operations just. I understand that the culture in part because we just have to radically shaped correct Everything Everything now before you correct you with your stories still have a vision of the court meant. To. Get rid of Police Officers that are city right ill tell the truth and i dont agree with that ok you dont agree on what went. Well in washington the call to defund the police was painted next to a black
Goldhammer golddahmer, im sorry, i dont know what is with me today, from sfgovtv. Madam clerk, any announcements. Clerk silence all cellphones and documents should be submitted to the clerk. Chair fewer i wanted to everyone to know that we will need to recess this at 11 20 to 12 00 noon. So lets start. Madam clerk. Can you call item number 1. Clerk item one was to the call to order and recall call. Would you like me to call item two. Chair fewer yes. Clerk the approval of the lafco minutes from the november 15, 2019 regular meets. Chair fewer any questions or colleagues . Seeing none, any Public Comment . Seeing none, lets approve the minutes of the meeting. And we can take that without objection. Do ied i need a second. Thank you very much. And madam clerk, call item 3. Clerk the presentation and discussion on the cleanpowersf local Renewable Energy report. Chair fewer and we have barbara hale with us today. The general manager at the San Francisco p. O. C. And were here to present a
Social media giants to counter what it calls and the info desk. And there is an on easy come home in the indian capital delhi after 3 days of sectarian violence reached 32. 00 dead but will that last. Im sunni so much going to thank you for joining us governments are ramping up their moves to contain the corona virus says that spreads globally japan is one of those governments the Prime Minister shinzo ave has called for all Public Schools to close from next monday until the end of the spring break in april and this as new infections of the virus outside of china are outnumbering those in china we have a map that looks at the severity of the epidemic in these affected nations and of the deeper the blue here on the map but the larger the number of reported cases as you can see china still has the highest number of reported cases at 78000. All together 50 countries are territories have confirmed cases of the virus and the total stands at more than 82000. 00. Has again seen its biggest on