Good spirits. This hour brings earnings for samsung. A crucial report amid the virus disruption will show how the chip industry is weathering the global storm. Shery lets start you with breaking news out of south korea. We are getting become your current account balance. Right now, the surplus coming in at 6. 41 billion. Also for the goods trade surplus ining in at 6. 58 billion february. Both numbers are a significant rebound from the plunge that we saw in january when it hit the lowest level in seven years. Exports have been stabilizing after that hit from global trade spats and the double chip industries downturn. For the month of february, we are seeing an update and a rebound with a current account surplus at 6. 4 billion. The goods surplus at 6. 6 billion in february but of course we are headed to seymour economic fallout from the coronavirus outlet, so we will keep an eye on those trade figures out of south korea. For now, lets get you a quick check on markets. He restocks at th
In san jose, family was able to escape a fire. Six people are now displaced. The last storm of the year arrives tomorrow. Ill let you now hoe much rain to expect. After 45 years, its coming down to its final few shows. Abc7 news starts right now. Now, news to build a better bay area. From abc 7. Good evening. Im eric thomas. We begin with the weather. It looks as though well get one last storm to end the year. Francis . Good evening, everyone. You notice the clouds have gotten thicker, and a satellite radar image showing gray skies over the bay area, and were keeping track of this storm system that will move in tomorrow morning. And this storm is ranked a one out of five on our storm impact scale. Its a light storm that continues throughout tomorrow and early monday morning. Light to moderate rain expected. At times, possible thunderstorms more likely near the coast. And its a very cold system so the snow levels will drop down to about 4,000 feet. A chance of small hail, as well. Ill l
Hi, everyone. Here is live doppler 7 were looking at cloudy skies and the rain well to the north, but theres a cold front lurking offshore and it will bring in rain throughout the bay area today. It is a level one on our storm impact scale. The rain early tomorrow at times could be light to moderate. We have a cold front and area of low pressure that will work through the bay area. Look how mild the temperatures are, 40s and 50s this morning compared to yesterday, 10 to 16 degrees milder. Im sure you feel it out there. As we go through the day the clouds will give way to midafternoon rain. The temperatures will be in the 40s and 50s, tracking the rain for you in a few minutes. Amanda . Thanks so much, lisa. Live doppler 7 is one of the most popular stories on our website and the abc 7 news app. If you want to track the rain, just click the blue live bar at the top of the app. In the south bay, six people are displaced after a duplex be fire in san jose. The fire closed several roads fo
You talk about Affordable Housing, well, where are all these families kids going to go to school . Just think of how many students, and one gentleman who very aptly said, a nurses assistant assistant, a custodian, the teacher, how did these people get the education in the first place . A lot of them dont have parents who can afford tuition, and i am so fearful that city college will just be really in a very dangerous position if you let a project the way it is now go through. I really appreciate going forward, looking forward to the e. I. R. , that you really wrap your arms around what is good for the college and the students and the future students. Thank you. Thank you. Next speaker, please. Can some of these be handed out . Okay. I am a longtime faculty member at city college. Many people have said things. I just have a few details. Yes, i find it strange to call it call it balboa reservoir. It has never had water, i have always called it city college. We have hand the land we have
This is critical is that the end . It is. Thank you. Next speaker, please. Good evening. My name is doug and im here representing habitat for humanity of San Francisco. Im excited to be here this evening alongside our partners. Habitat for mission is to provide highquality space, decent, affordable and Sustainable Housing to hardworking clients in San Francisco and san mateo county. We do this by partnering with cities, community leaders, donors, volunteers and homebuyers to build and sell homes affordably to qualified families. This project would be responsible for city subsidized forsale units for working families whose Household Income is around 100 of a. M. I. These families are what we call the missing middle. They are typically working as nursing assistance, construction workers, teachers, daycare staff , all of whom are vital to this community. Too often they are willingly displaced because they cannot afford to stay. Those families this family seduced day often live in substand