We are also getting some breaking news out of china for end of july Foreign Exchange at 3. 1 coming in trillion. It is a touch above that. The markets also focusing on the stimulus in the u. S. That may or may not be coming. President Donald Trumps latest attack on Chinese Companies also stoked tensions with beijing, which is why we are seeing treasuries and dollar actually rising. The president signing an executive order prohibiting u. S. Residents from doing any business with wechat, tiktok, or the owners of these chinese apps. Now, lets get straight to the bloomberg first word news. There has been no headway in talks between the white house and democrats over a new virus relief package. There are still major sticking points and both sides are accusing the other of refusing to compromise. One key difference is the top line number. The democrats want 3. 5 trillion of aid. The republicans want 1 trillion. Another round of monetary stimulus is expected from the bank of england. Policyma
Many situations people find themselves. The recession has laid bare the economic struggles of millions of American Families with almost no warning to the shutdown that claimed tens of millions of jobs and American Workers and families felt the ground fall from under them. The. The country was on the verge and so many have lost their livelihoods and exhausted their financial reserves. They are facing financial catastrophe. That growth hasnt been broadly shared starting in 2009 with 128 months of growth so many neighbors are facing financial catastrophe they do not fal falr r. E irreversible financial disaster. As businesses gradually reopen, many workers are coping with drastically reduced hours and lower paychecks that will not cover their bills. Even people fortunate enough to be returning to work will likely be struggling for some time to come the Child Tax Credit and earned income tax credit and it also supports workers with a more generous employer retention tax credit to maintain
We have a quorum. Thank you. Can we have a motion to excuse for the durcration of this meeting commissioner marr requested an excused absence and commissioner safai ewill join us list. We will take that without objection and go to the chairs report. This month i was gratified to learn from our staff and this was actually in the press that the California Public utilitiesy commissioner has ruled to reverse the policy on the confidentiality of uber annalist data. As we know they are regulated by the state p. U. C. Aprequired to submit annual reports to that agency. Despite our advocacy and the City Attorneys Office calling for it as well as the airport this has not been made available to the public or to cities and counties such as ourself. Commissioners proposed decision on data confidentiality seeks to treat these as public by default as well they should be. This decision validates our views why the Public Record act mandates disclosure and cautions companies against making over broad c
Reaches 514. And its game over for the English Premier League for these the next 3 weeks because of the virus. Hello the World Health Organization has warned that any country not moving to take tough measures against corona virus is making a deadly mistake it says europe is now the epicenter of the outbreak nations across the world are announcing drastic new measures to contain the virus spain has declared a state of emergency from saturday allowing the government to confine people and evacuated buildings Security Forces are being deployed to clear the streets right across iran in the next 24 hours and more global sporting events have been hit with the English Premier League suspended until at least april and 2 more formula one race is called off well the markets in europe in the u. S. Rose earlier after historic falls on thursday but the gains that faded and asian markets closed in negative territory well italy has reported another huge rise in its death toll from the virus jumping 25
Good morning and welcome to the Transportation Authority period meeting today, february 25th. Could you please call the roll. roll call . We have a quorum. Thank you. Can we have a motion to excuse for the durcration of this meeting commissioner marr requested an excused absence and commissioner safai ewill join us list. We will take that without objection and go to the chairs report. This month i was gratified to learn from our staff and this was actually in the press that the California Public utilitiesy commissioner has ruled to reverse the policy on the confidentiality of uber annalist data. As we know they are regulated by the state p. U. C. Aprequired to submit annual reports to that agency. Despite our advocacy and the City Attorneys Office calling for it as well as the airport this has not been made available to the public or to cities and counties such as ourself. Commissioners proposed decision on data confidentiality seeks to treat these as public by default as well they sho