In indonesia, the number of daily new cases has recently exceeded 3,5,500. Authorities in the capital of jakarta have tightened restrictions that had bebeen ead since june. They require companies to raise the number of teleworking employees to three quarters for most industries. Gatherings of five or more people are also banned. In israel where new daily infections have surpassed 5,000 and nationwide lockdown will be imposed again beginning friday afternoon. In brazils largest city of sao paulo, 18 of children have brn been infected with the virus. Local authorities had been planning to reopen Public Schools next month for the First Time Since mid may, now that has been pushed back to november or later. A former member of the White House Coronavirus task force has acaccused u. S. President drum o placing priority on his reelection rather than containing the outbreak. Olivia troy was an adviser to mike pence untilil this summer. She made the accusation on thursday. Towards the middle of
This one permit, is that correct . Yes. Thats usually when youre doing something with multiple permits you cant do in one. Oftentimes the scope of work is bifurcated because you have something that can be done over the counter. You dont need to wait the six months or whatever to get a variance. In this case that option would be foregone if its in one permit . Yeah, because given where we are, we would need to have everything in one permit. So we are past that point. Why wasnt this done under one permit . Was a briefer question. Yes im learning something after four and a half years or five years. Okay. Thats my only question. Shall we move on . I have a quick question. Mr. Buscovich said this is all minor stuff. One thing that jumped out at me was the infill. Is that, in your view, a minor violation, easily overlooked . I mean, it requires a variance. I guess what concerns me is when you have so many permits, how do you not properly account for all your scope of work . Theres fewer excu
Months or whatever to get a variance. In this case that option would be foregone if its in one permit . Yeah, because given where we are, we would need to have everything in one permit. So we are past that point. Why wasnt this done under one permit . Was a briefer question. Yes im learning something after four and a half years or five years. Okay. Thats my only question. Shall we move on . I have a quick question. Mr. Buscovich said this is all minor stuff. One thing that jumped out at me was the infill. Is that, in your view, a minor violation, easily overlooked . I mean, it requires a variance. I guess what concerns me is when you have so many permits, how do you not properly account for all your scope of work . Theres fewer excuses for hiding work when you do nine permits. I dont know why they didnt account for that in one of the plan sets. None of them showed i guess what i have concerns with is you have these changes but theres noel vacations that show this work theres no elevati
Happen is yes, inflation is going to come down slowly. That deep inflation tail risk has been cut off. If we were to get inflation to a level or we have to respect that again, that becomes the real risk to the market. Inflation is sticking. Announcer this is bloomberg surveillance with jonathan ferro, several modes and annmarie hordern. Jonathan the third hour begins right now. Your equity market on the s p 500 just about positive after closing at alltime highs in yesterdays session and i climactic in so many ways. It is the calm after the storm that never came. Lisa that has been the story of the entire year. Everyone is calling for a storm, he could be a bubble, cant take it, and guess what, we are now north of 5200. The price target people upgraded to just a year ago. This train keeps moving. Jonathan i welcome it. Looking ahead to retail sales tomorrow, we are light on data this morning but tomorrow, looking to claims, the estimate so far in the survey that is barely moving from th