And it is fundamentally changing societies, economies, and countries. Today we are here to understand the true impact, which is particularly devastating to developing countries and the most vulnerable communities women, youth, the elderly, and migrants. Most importantly, we are here to find innovative solutions. This the focus of the World Bank Annual meeting, which takes place starting the week of october 12 and convenience Global Leaders from governments, as mrs. , and civil society. Businesses, and civil societies. We will hear from the World Bank President on what it will take to tackle the crisis, and how we can turn this into an opportunity to build a path towards a resilient and inclusive recovery. He will be joined in the president ith of the Stanford School of finance and management. President ar from the of the bank joining us from his office. He has been president of the german centralbank since may 2011. He is a member of the governing council of the ecb, represents germany
On february 25, 2020, the mayor declared a local state of emergency related to covid19. On april 3, 2020, the Planning Commission received authorization from the Mayors Office to reconvene remotely through the end of the shelterinplace. This will be our 24th remote hearing. Remote hearing requires everyones attention and most of all when not speaking mute your microphone and turn off video camera. Sfgovtv is streaming this live. Comments are opportunities to speak during the Public Comment period are available by calling 14156550001. And entering access code 146 717 8911. When we reach our item, press star, then 3 to be added to the queue. Each speaker will be allowed up to three minutes to speak. When you have 30 seconds remaining, youll hear a chime indicating your time is almost up. When your time is up, i will take the next person queued to speak. Best practices are to call from a quiet location. Speak clearly and slowly and please mute the volume on your television or computer. Co
Most importantly, we are here to find innovative solutions. This the focus of the World Bank Annual meeting, which takes place starting the week of october 12 and convenience Global Leaders from governments, businesses, and civil societies. We will hear from the World Bank President on what it will take to tackle the crisis, and how we can turn this into an opportunity to build a path towards a resilient and inclusive recovery. He will be joined in conversation with the president of the Stanford School of finance and management. We will hear from the president of the bank joining us from his office. He has been president of the german centralbank since may 2011. He is a member of the governing council of the ecb, represents germany at the imf and under international parties, and has been chairman of the board of directors of the fund for International Settlement since november 2015. Welcome. The virtual floor is yours. Thank you very much, asiya, for your kind words of welcome. It is a
The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty big moves over the last few days. Then weve got what is going on with the chinese currency. China back today from golden week. A huge bid in terms of equities and the currency. Will the pboc squash that one . We will wait and see. Europe focusing on what is happening with the lockdown story and what is happening with the bond markets. Lisa the pandemic ongoing, leaders stepping up to contain the surge in virus cases across the continent. Bloombergs maria tadeo joins us with more. What do we know
At his Long Island High School five days per week, so he showed up on Remote Learning days. The school threatened to close if he didnt stay home. More than 2,000 of his classmates signed a petition calling his actions egotistical. House Speaker Nancy Pelosi said the house would stay in session until the house reached a deal on can coronavirus relief. That could stand them to face voters without delivering more aid. A Bipartisan Group of moderate lawmakers have signed on to a compromise stimulus plan in hopes of reviving talks. Turning, now, to the new developments in the Deadly Police shooting of breonna taylor. Six months after she was shot and killed by Police Serving a noknock warrant, taylors family has reached a 12 million wrongful death settlement with the city of louisville. Heres abcs alex perez. Reporter one of the largest settlements involving police louisville agreeing to pay 12 million in the wrongful death lawsuit brought by Breonna Taylors family. Im deeply, deeply sorry