Handcuffs after he was found guilty of Sexual Assault and rape charges. More coronavirus deaths in china and a sharp rise in infections far beyond stoking fears that the global spread of the outbreak is entering a new stage stocks of fall and on worries the epidemic will have a lasting Economic Impact at least 9 people have died in south korea where there are almost 900 confirmed cases u. S. Forces there are considering scaling back their military exercises irans confirms 12 deaths while bahrain kuwait iraq oman and afghanistan have all reported infections the authorities in italy have sealed off the worst affected towns in the north of the country 7 people have died there and more than 200. 00 and now infected the highest concentration outside asia as for china numbers of new infections in areas outside of who bay province are for link but there have been another 71 deaths mostly in the epicenter lets go live now to adrian brown our correspondent in hong kong so adrian on stocks and s
Each person will have three minutes for Public Comment on each item. Please address your comment goes to the commission during Public Comment. For equal time Neither Commission nor staff will respond, commission may ask questions of staff after Public Comment is closed. If you have an item not on the agenda under the subject matter jurisdiction of the commission you may speak under general Public Comment in item 4. Please note if the fire alarms activate you must evacuate the building. If you need assistance make the way to the closest area across the hall in the mens rest room. There is a speaker box. Press it and the city hall security will answer. They will assist you. We are on item 2. President s report. I will be brief. I like to read emails that talk about the parks. This is to the general manager. I wanted to say thank you. I love my Neighborhood Parks. The San Francisco park and Rec Department does a fantastic job. I love how there is a park nearby no matter what neighborhood.
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
Session in 2 years. Also had the turkish president 31 confirms the deaths of 2 soldiers who were deployed to libya. To begin a new delhi where donald trump and the indian Prime Minister Narendra Modi are speaking right now as the u. S. President wraps up his 2 day trip lets listen in and dies brings india and america financial and. Openness and trade and. In last 3 years. Of our. Business there has been an double digit growth. And it is very balanced now on our energy. Civil Aircraft Defense and higher education. In last 4 or 5 years. In these 4 sectors not just these 4 sectors india and americas financial relationship 70000000000. 00 contribution. And quite a few things are possible because off from mr president. I have faith in in the coming years this number will go up. As far as by trades are concerned our commerce minister. And there has been positive talk. President trump and myself we have agreed today that our commerce ministers should be understanding. That our teams will give
Indicated up about 40 points yesterday, we did see compressed yields higher prices for treasuries 10year at 1. 36 the twoyear at 1. 7 in japan, the nikkei falling over 300 points. The bond market won, so we are going to have our friend on today. He always says it is going to be because of slowing growth. He seems to get a little bit serandipitus about it. Ill give him credit. The slowing growth caused whatever caused the slowing growth gold is up. Stock market ignores things until it doesnt hope depot might help. Stock called sharply higher after reporting better than expected results i got a 242 bid, 242. 50 bid now. Right . 228 is 18 cents above estimates. Whatyou are seeing there does not reflect what we are seeing samestore sales up 5. 2 , which is strong. Consensus is at 4. 8 home depot announced a 10 increase to 1. 50 a share you can figure out the yield will double every seven years. Joining us with immediate reaction, the bottom line beat is big the samestore number is better.