Whatever you call it, critics are calling it a betrayal. I think that taxpayers will be upset with this idea. Reporter San Jose City councilman john mccain is says what the bta is proposing is a bait and switch, a betrayal of the spirit, if not the letter. We told taxpayers would improve the roads and driving conditions. This will just be a broken promise in the future. Reporter in 2016, voters in supported this measure, projecting to generate more than 3. 6 billion over 30 years. The money was earmarked for transportation projects, with 25 a hard cap on b. A. R. T. Construction. What is the best use of the sales tax . Is there timing to do that, based on project delivery . The very beginning of that exercise. Reporter last week, vta floated the controversial idea, what if the shared the tax revenue generated over the next decade at 75 to build b. A. R. T. , the likely spins of other transportation projects . We have got to say that this it was one thing i think we should follow throug
Obtain. What you might see is a bit more bitesized approach to aspects of the trading agreements. To get a greater engagement in a more constructive engagement. You talked about the covid recession. We have had a second wave of covid coming across europe in the last couple months. Indicators of the economy show that is causing a double dip in many economies in terms of activity. Youhelpful you are are that we could have a fast recovery this time around and see that vshaped recovery people have talked about . I think the vaccine is going to be a very important story for the 2021. From the irish perspective we moved early on in the early the second wave, the Second Lowest interest in europe now. We are doing very well in terms of the downward trajectory of caseys. Of cases in hospital and icu. Somewhere at the end of this month we move out of what we call level 5. Our schools of state construction has stayed open. Our domestic economy. Our investment side is doing very well. Science and
Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
A half 1000 even germany the country still seen as exemplary for controlling the spread of the virus in a shop jump cases the u. S. Has tightened sanctions on irans Financial Sector measures against 18 banks that were already under american sanctions have now been ramped up and the fact of theyve been cut off from the International Financial system over most of the children in washington this is hurting the iranian people certainly we have seen that criticism coming not just from e. U. Nations but also from a wide range of humanitarian organizations around the world now the Treasury Department when in announced this latest round of sanctions against these 18 iranian banks said that these banks would still have exemptions so that they could bring in funds to facilitate the purchase of emergency food and medicine. Russia has invited the Foreign Ministers of armenia and azerbaijan to moscow for talks as they try to end an increasingly violent conflict also mediators from the u. S. Russia
Tuesday and has failed to snuff members to agree on who should be the prime minister. A politician and a french aid worker kidnapped to mali have lands in the capital bamako after being released as part of a major Prisoner Exchange the deal was announced by the new Transitional Government on tuesday in the us is impose more sanctions on irans Banking Sector is the latest move to curb what washington describes as to hands Nuclear Ambitions and terror activities the measures blackness nearly all of irans financial sector. Has more from washington d. C. This is hurting the iranian people certainly we have seen that criticism coming not just from e. U. Nations but also from a wide range of humanitarian organizations around the world now the Treasury Department when this latest round of sanctions against these 18 iranian banks said that these banks would still have exemptions so that they could bring in funds to facilitate the purchase of emergency food and medicine the World Health Organiz