Thank you for broadcasting. The due to the covid19, the Committee Room is closed. However, members will be participating in the meeting remotely. The interpreter, please. Im sorry, i didnt get the whole thing. Im going to find somebody that can assist, because its long. Its pretty long. So i think maybe one of our interpreters has the script and will do a more accurate job. Due to coincident house emergency and to protect boar. S. Due to coincident Health Emergency and to protect Board Members, the board of supervisors, the chamber and Committee Room are closed. However, members will be participating remotely. This is pursuant to the local, state and federal orders, declaration and directives. Committee members will attend through Video Conference and participating in the meeting to the same extent as if they are physically present. Public comment is available on each item on this agenda. [ ] i apologize, chair fewer, it sounds like we got disconnected. Can you go ahead and hang up and
Restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. A lot of analysts, we follow them for a long time they wait and wait until theres a moment where they can go negative theres enough companies that have done well, i have every piece of research in front of me i dont have an upgrade. I have downgrade, downgrade, downgrade. Because the stocks have run, it gives these analysts a chance to say, uh, im so lucky. It went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and thats the whole tone of this morning i find it curious. I think that in general the companies have done a pretty good job just they like to pull their forecast because who the heck knows. If dr. Gottlieb doesnt know what will happen, why should he expect these guys to know wh
Hello to everyone from geneva, and that uh o headquarters. Welcome who headquarters. Welcome to this regular covid19 briefing. There were more than. Thank you. Good morning, good afternoon, and good evening. E are delighted to be joined thank you, tarik. Good morning. Good afternoon and good evening. As tarik said we are delighted krytalina, the managing director of the monetarily fund. Elcome, my sister. She will say more in a few minutes about the Economic Impact of the pandemic and what the imf is doing to support countries and the Global Economy more than one million confirmed cases of covid19 have been eported to who, including more than 50,000 deaths, but we know that this is much more than a Health Crisis. We are all aware of the profound social and economic consequences of the pandemic. The restrictions many countries have put into place to protect health are taking a heavy toll on the income individuals and families and economies of communities and nations. We are in a shared
Exciting growth again. The question is when and in the meantime were going to shore up that Balance Sheet and make sure weve got that cash to make sure we can pounce on the end of it one of the things were thinking about is, who do you want to be when you come out of this. All of us are thinking about that so, you know, weve got still a strong recruiting team in place, a team who is interviewing people every day so that on the other end of this, all the superstars who are out there can come work at shake shack we dont know when that day is, but we know its coming. And when it is, we want to be there, ready to allocate that capital that we have to get back to growth as soon as we can. Randy, thank you so much for joining us thanks, everybody. Keep us posted. Ceo of shake shack. Sara, that was a good interview. Well see you on closing bell this afternoon good morning, im carl quintanilla. Welcome to squawk alley joined by Morgan Brennan and jon fortt. Dow is well off the lows of minus 32
Youre watching R T International bring you your live news updates straight from the russian capital welcome to the program. U. S. Stocks have rebounded from mondays bloodbath on wall street major indexes have risen following tuesdays briefing by the Coronavirus Task force with a trumpet ministration sought to calm jittery markets with the promise of a Major Economic response but Key Industries still face the threat of collapse because you know this is worse than 911 for the Airline Industry this is they are almost ground to a halt the president wants to make sure that although d we dont want people to travel its critical we want to maintain for critical travel the right to have to match to travel by making shared sacrifices and temporary changes we can protect the health of our people. And we can protect our economy because i think our economy will come back very rapidly one day well be standing possibly up here will say well we won and were going to say that sure if youre sitting ther