Things affect people we revisit me say even when there are no international headlines. Aljazeera really invest and thats a privilege. This is counting the cost on aljazeera your look at the world of business and economics this week as Oil Prices Slump economies shrink and austerity kicks in is this the end of the middle east oil rush also this week south africas unemployment hit a record high before the pandemic whats gone wrong for an economy that emerged from the 2008 financial crisis in a strong position. When you try to reinvent the wheel but turns out you may simply be the Worlds Largest taxi firm is this the end of the gig economy into fights and labor laws and courts around the world. The world economies are moving away from fossil fuels right now being an Oil Producing nation is a tricky proposition burning through money set aside for a rainy day and borrowing money from International Investors to make sure you can pay your bills its also a time many Big Oil Companies are think
Market make his gas station whatever it may need to be in the future. There is also been both between the tenant and the city, you know, what else can we do with this site . Certain other departments, the department of environment is interested in putting charging stations there. So all of these issues would take time, would take review. We cant do that in, you know, 68 months. So this would allow this lease and the term of it would allow all these things to be taken into consideration and try to Work Together as partners to move with the technology and whatever happens in the future. We did get an appraisal even though we werent required to under the code so we could come to a Fair Market Rent. It does substantially increase the rent. I believe it was 9,000 a month, now it will be approximately 16,000 a month. The percentage adjustment per year remains the same, 3 . The tenant pays all of the utilities and all permits and taxes. So there is no real downside in the sense that the tenan
Chair peskin welcome to the land use and Transportation Committee today, september 21, 2020. I am chair aaron peskin, joined by supervisor ahsha safai and supervisor dean preston. Our clerk is miss erica major. Miss major, could you please make any announcements. Clerk yes. Due to the covid19 pandemic, city hall and board rooms are closed. Committee members will attend through Video Conference and participate in the meeting to the same extent as if they are physically present. Public comment will be available on each item of this agenda. Depending on your provider, you can watch the meeting on cable channels 26, 78, or 99 or sfgov. Org is streami sfgovtv streaming the number across the stream. The number is 4156550001. The meeting i. D. Is 1462832975. Press pound, and pound again. 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, please press star, three to be added to the speaker line. Best pra
Recover. Jay powell made it clear that the Interest Rates will stay low until 2023, but investors were positioned for a dovish surprise, and there was disappointment he did not provide new details or a further breakdown of the qe program. Perhaps he is saving the option for later. He made clear that the fed has not run out of ammunition. The question everybody is asking, is if this is simple or something bigger. This adjusted Downside Risk is limited. David it is equal it is interesting to position yourself for a surprise. What about other Asset Classes . What about bonds . Scarlet bonds are higher, the dollar has been fluctuating. And credit is down. If you look at tracking highyield credit i am also looking at net gas, it is tumbling. This is another asset falling from august ties. Commodities and especially the energy complex, they move on basic supply and demand dynamics. He was supplies here are increasing. And right now with the weather turning cooler, that would reduce the deman
211,000 cases and 5400 deaths. It is Prime Minister Boris Johnson is facing a battle in the house of lords over his controversial plan to break International Law over brexit. Prime minister johnson has agreed to give the house of commons a veto over whether the government can exercise its proposed powers to override parts of the brexit agreement. He made a after meeting conservative mps who were threatening to rebel against him. The house of lords is expected to reject a bill by a large margin. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Investors reacting to the feds signal it will leave rates near zero through at least 2023. Chairman powell striking a cauti