The biden American Rescue plan. The next will be recovery. We call it reconciliation. Theres nothing in reconciliation that precludes republicans from voting for it. Good morn, everybody. Im tiffany cross, and we have a lot of news to get to this morning on Cross Connection, so strap in. President bidens 1. 9 trillion rescue plan is on a fast track to approval after the house and Senate Passed a Budge Bill Yesterday and democrats pretty much tossed the deuces to the republicans warning they maybepass them altogether. Its good news for struggling americans who cant even afford to put gas in the car or go to a job they no longer have. Meanwhile capitol hill is preparing for Donald Trumps second Impeachment Trial to kick off on tuesday. And at least as of this morning, it looks unlikely that a minimum of 17 republicans will vote with the dems to convict trump. Now, the irony doesnt even seem lost on them that as they make these bow was calls for unity, theyre increasingly unwilling to hol
To the week. We are now focusing back on the virus rather than the vaccine. The german tenyear, some very weak inflation data out of germany today, sending yields lower. The price is coming up higher as well. You are also likely to have a scarcity factor coming into play as well. Yesterday indicating that the ecb is going to be on the bed, buying bonds. Hes got to think about what is going to happen in the bunds story as well. When you look at what is happening with treasuries, greece now has at the front end of its curve a negative yield. Just well on that for a moment. Greece is now a negative yielding country, albeit at the front end of the curve. Nevertheless, an amazing turnaround in a relatively short time. Alix an amazing eight year difference that makes. I was just reflecting on the sovereign debt crisis yesterday, so that is an amazing stat. New virus cases may be easing in some parts of europe as virus hotspots could offer a glimmer of hope and some of the worst hit countries
Each item on channel 26 and sfgovtv. Org or streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments are opportunities to speak during a Public Comment period via phone call by calling 1 415 6550001. Again, 1 415 6550001. And meeting i. D. 1466495693. Again, 1466495693. And then press pound twice. When connected you will hear the meeting discussions but you will be muted and in listening mode only. When your item of interest comes up, dial star, 3, to be added to the speaker line. And call from a quiet location and speak clearly and slowly and turn down your television or radio. Alternatively you may make Public Comment in the following ways, to myself, the clerk at alinza wong sfgovtv. Org. And if submitted by email it will be included as part of the official file. Finally itemmings acted upon today are expected to appear on the board of supervisors agenda of november 3rd unless otherwise stated. Chair fewer thank you, madam clerk. Call item
Prime minister johnson born the house of commons the number of deaths could be twice as high as the first wave in the spring if National Action is not taken. Pubs, gyms, and nonessential shops will close for four weeks under the plan, which is subject to parliamentary approval. Hurricane zeta, which tore through this out last week, may point 4 insurers four billion. The damage was mostly from wind and storm surges. The storm affected nine u. S. States. The biggest losses were in louisiana, mississippi, and georgia. Formedrricane zeta has in the caribbean sea. It will bring heavy rain and wind and storm surge to central america. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on th
Madam clerk, do we have any announcements . Clerk yes, due to the covid19 health emergency, the City Employees and the public and the board of supervisors and the legislativ legistate meetins closed. And precaution is taken to the local, state and federal orders, and declarations and directives. The Committee Members will attend through Video Conference and participate in the meeting to the same extent as if physically present. Public comments are available on each item on channel 26 and sfgovtv. Org or streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments are opportunities to speak during a Public Comment period via phone call by calling 1 415 6550001. Again, 1 415 6550001. And meeting i. D. 1466495693. Again, 1466495693. And then press pound twice. When connected you will hear the meeting discussions but you will be muted and in listening mode only. When your item of interest comes up, dial star, 3, to be added to the speaker line. And ca