Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
Minister designate in just 10 weeks on the stuff carver may be able to unite 6 hereon factions hungry and helpless the coronavirus pandemic impacting Food Supplies for hundreds of millions dependent on. And living in fear of the dead why some in indonesia dont one virus victims buried in their towns. Well staggering new figures reveal the extent of the damage to the worlds biggest economy by the coronavirus shut down in just one week another 6600000 people filed for Unemployment Benefits that means nearly 17000000 americans have lost their jobs in the past 3 weeks thats around one in 10 workers for more on this lets turn to our White House Correspondent Kimberly Halkett shes live for us from washington d. C. Kimberly how much of a shiver are these numbers sending down the spine of the economy there. Well they were expected but still the numbers are staggering never before in u. S. History has there been such a significant job loss in such a short amount of time the numbers are simply a
Coordinate and respond to a potential outbreak. The declaration of a local emergency allows for much faster mobilization of city resources, accelerated emergency planning, streamlined staffing and coordination across the city. It also allows the city to be reimbursed from the state and federal governments. And it raises awareness throughout San Francisco about how everyone can prepare in the event that covid19 appears in our community. Also santa clara and san diego counties have taken the same action, similar declarations to bolster their preparedness. Id like everyone to note that cruise ships visiting the port of San Francisco come from domestic location, as well as from canada and mexico. The u. S. Coast guard routinely reviews passenger records to document travel history of the vessel, passenger and crews, the coast guard has issued guidance on reporting it passenger symptoms, for passengers or crew. Additionally, the Cruise Line International association has implemented preventat
Our next panel we are very excited to get an International Perspective on infrastructure. Earlier i had a chance to meet with mexicos current chair of the governors the current chair is france just go and incoming as mendoza, swift got both representatives from mexico and canada appear on the stage we are really thrilled to have it with us a total of five premieres from our neighbors to the north, who we very much appreciate everybody making the tremendous effort to come down here and join us. They are joining us for this discussion on infrastructure from an International Perspective. I believe canada is doing some really interesting and Creative Things on infrastructure, silly want to thank each one of you for joining us. We have saskatchewan premier who is the chair of the council of the federation which is our equivalent, sort of like the nga of canada. Quebec khmer fans while ago, ontario premier doug ford, New Brunswick premier blaine higgs, and alberta premier jason, please give
Clerk mr. President , you have a quorum. President yee thank you. Would you please join me in the pledge of allegiance. [pledge of allegiance] president yee on behalf of the board, i would like to acknowledge the staff of sfgovtv, colina and michael, who record each of our meetings and make them available to the public online. Today, i would like to start off maybe saying a little bit, but not much, just to make sure that people understand what this is. This is a hand sanitizer, and which is very easy to use. If you either use this or soap, either, its healthy, and you can keep your loved ones healthy. If you want to find out more information and find out how the city is responding, you can go to the website, sf72. Org. Sf72. Org. So now that im all sanitized, we can begin. Madam clerk, are there any communications . Clerk i have none to report, mr. President. President yee okay. Colleagues, today we are approving the minutes from the january 21, 2020 special Board Meeting and the janu