British pound sterling. Lots of development in europe, including the 750 billion euro package, a combination of loans and grants. We will get to that in a moment. Essentially, that massive edge helping to narrow spreads, so the italygermany 10 year spread in seven basis points at 1. 91 . Matt the china story obviously a huge one that markets didnt look like they were pricing and until now. The european rescue package was a story that markets had priced in already. It was 500 billion last time arco spoke. Today it has grown a little bit, with another 250 billion euros attached to it or get still, 500 would be the number in grants. Overall, it doesnt look like that is doing much. In terms of the stoxx 600, it is down. The dax is up or than 100 points again. One of the big reasons is daimler. Renault is up 16 . Macron has unveiled a 5 billion euro loan guarantees to renault. No direct help to daimler, but theres going to be incentives in france to buy a new car, 7000 if it is electric, an
Will be an opportunityortunityor general publicl publ comment cos meeting afterg af closed sessiod therell be anll be anll be anlo comment on each discussion or action item policy agenda. Each comment is limited to two minutes. Please note that city policies along with federal, state and local law, prohibit discriminatory or harassing conduct against City Employees and others during Public Meetings and will not be tolerated. Moreover, Public Comment is permitted only on matters within the jurisdiction of this meeting body joining us president s of fine yes. Please call the first item. Thank you. I dont number three is closed session. Three a conference with Legal Counsel pending litigation. Right . And we will. We will need a roll call vote to invoke the Attorney Client privilege and enter into closed session for a conference with counsel. Okay, so, um. At this time, well be moving into closed session with Legal Counsel pending litigation before moving into closed session. We will take
Industry. An uptick in investing and how etfs fit into retirement. I am katie greifeld. Welcome to bloomberg markets. Taking a look, the s p 500 currently up. 1 . A record high and all that strength is really coming from the tech sector. Specifically from nvidia. The nasdaq is higher by about. 5 . Take a look at the semiconductor index. Stocks are higher and it is all about nvidia blowing past expectations. Really delivering and showing growth. It is only just beginning. Joining us with the details, you and i were on, talking about paper scalars and that the base is starting to expand beyond. Walk us through that a bit more. Ed all of the big spending has not only not slow down but it is growing to new areas. Nvidia makes chips that can handle a lot of data processes but the first iteration was a very small number of plays. They would sell gp use. Microsoft, google cloud running very big data centers. When does it move beyond that . In the outlook for the second quarter, 20 8 billion p
There are also 13 satellite satellites that when the lake dries up , naturally these satellites will also be damaged and disappear. He is leaving or maybe he wont be in need for a while. What happened to him . Has anything been done about them . Well, fortunately, since 1401, we made a plan to restore the satellite ponds of our urumi lake in 1401 , about 60 years ago. 65 million cubic meters was the construction of water roads or the allocation of rights that was done to the taliban , and a large number of these were actually given to the taliban, thanks to allah, this year we did a special thing, considering the actually successful experience we had in 1401. Until today, when we are at your service, we have paved more than 90 million cubic meters we did it for 13 students, 11 of them in the province. West azerbaijan and dolab are located in East Azarbaijan province, which was done with the very good cooperation of the ministry of energy, which is the set of Regional Water companies of
We have this good achievement next to the restoration of the lake itself, of course i am talking about restoration. I saw in some media and social networks that they are quoting that the restoration of uromi lake has taken place. We have not officially announced the restoration of the lake. We have a lot, just like that since 1977, the declining trend of lake urmia has lasted for more than 25 years, so definitely for stabilization and restoration. If we want to reach the stabilization stage, which is 6 billion cubic meters in the first phase, it is almost a plan , if with the same trend, i. E. The amount of rains we had this year , there is actually a longerterm plan, which also needs care, monitoring the implementation. In fact, it is the programs in the Software Field that we are sure of in the second phase , which is to strengthen the software approach with the participation of the people , god willing, it should be followed in the management of resources. And anyway, the wells that