Hand handle a rise in interest rates. The minutes from the Central Banks last meeting in october provided the clearest evidence yet that most but not all policymakers think the time is right for a rate hike and that a delay could increase market uncertainty. That helped stocks extend their gains. The Dow Jones Industrial average rose 247 to 17,737. Nasdaq jumped even more in percentage terms, gaining 89 points, and the s p 500 added 33. Steve liesman has more now on the thinking inside the central bank. Minutes of the feds october meeting make explicit what the statement had already said, that the fed is fast on its way to its first rate hike in nine years at the upcoming december meeting. The october minutes say that most fed members thought Economic Conditions would be met in december to hike interest rates, and they made clear that the october statement was designed to send a message that will be appropriate to hike at the next meeting. To be sure the meeting took place before the h
But i submit to legalism. What i want to talk about is the world that robert kagan and Bret Stephens once that is undergirded by American Power and i think that is the world we all believe has been vastly beneficial for the United States, for canada but for by and large the whole world. It allowed the transformation i talked about are not in america. The question is what is made that possible . I would argue the image you should think about is Franklin Roosevelt after winning decisively in world war ii. Decides he wants to create the United Nations an institution which all countries would be represented and try to make a systematic and institutionalized effort to produce a new kind of Global Politics in which other countries are respected, their voices heard and that is really what the United States has at its core been trying to do since 1945. Its not really because the United States has gone into lots of third world countries and intervened and beaten up people and killed leaders tha
Moving away. D i think the u. N. Conference in new york indicated significant part of thishe countrys Largest Companies to saying, weren factoring the cost of carbon into our decisions. Why arent governments . So there is a changing dynamic here, which gives us a better of what we might be able to achieve by 2025 on the Climate Action plan efforts and beyond. And no one rule is going to be linchpin here. Its going to have to be a combination of efforts between sector,nt, the business states, local communities, and to step up tod the plate and help contribute to this. Ive got about three minutes left. Thanks for being here today. Past, depending on which data you look at, theres orn a slowdown or a pause hiatus in Global Warming for the last 15, 18 years. The epandering if factors that at all into its policies and more recent studies saying climate is more sensitive thought in maybe we the 90s. Is this something you take into account with the current rules . With thetainly work rest of
Hello, we are back from a quick recess. The budget and finance committee. We completed items 19. And so we will be resuming the rest of the agenda. I believe that we have the moscini items left. And to my understanding that they are okay with us calling item 12 out of the order, is that correct . Okay. Mr. Clerk, call item 12 please. Item 12. Thank you, this item is brought to us by supervisor kim. Do you have opening comments to make . I do, because we have many members of the public that have been waiting for a long time. I want to get to the presentation. This is a discussion i brought up back in the budget cycle in june of this year. How we were to absolutely fund our essential services, whether our public schools. And given the cuts from the state and federal level. I know that many of our services and departments have received cuts. But its important for the families and youth to give them support to succeed. And this supplemental is from discussions over the months. To allow how
Management services delivered through tide and dps brings support of services. Im joined by staff in case you have specific questions. Budget Analyst Report goes over the increase of rental and return but i want to know table 3 did a nice job of showing the net expense. The annual amount per tenant, which i think is probably the most important number here, is 16,967 for delivery of this support of the housing environment. So happy to answer any questions you might have about this item. Thank you very much. Why dont we go to the budget Analyst Report on item 8. Good afternoon, chair chu and members of the committee. As mr. Updike said, this is the option to extend first of two tenyear options of master lease of star hotel, serving 54 clients. Under the lease the first year rent would increase by 3 . Annual adjustment based on cpi that would range from 3 to no more than 6 . Fiscal year 2012 and 2013 costs are 388,256. This is included in the dph budget. We recommend approval. Thank you v