Quinton last december. I dont think a reduction of 8,000 people will create enough space, but i think its a good first step. The idea is to maximize space and protect those vulnerable. You cant have that kind of overcrowding and expect a good outcome when covid19 is raging in our state. Its a good first step and we need to do more to reduce our prison population and do it in a healthy and sustainable way. The releases will come on rolling basis. Those who are serving time for Violent Crimes, Domestic Violence or highrisk for committing a Violent Crime or have sentences requiring them to register as a sex offender are not eligible. At san quinton there are tents and beds in an extended area for those who fall ill. People are tested days before they are released. If they are negative they will be released to the jurisdiction. We are being notified of those inmates. Christie smith, nbc bay area news. We are breaking records we dont want to break. New infections and death. This graph shows
Four, three, two ready to go. Okay. I see the red box. Good morning and welcome to the San Francisco county Transportation Authority Commission Meeting for today, june 23rd, 2020. Our clerk is ms. Angela, could you call the roll . Fewer present. Haney present. Mandelman present. Mar present. Peskin present. Preston present. Ronen present. Safai . Safai absent. Stefani present. Walton present. Yee present. Should i do one more call for commissioner safai . Supervisor peskin i dont see him being logged in, so i think we have a quorum. Correct. Supervisor peskin any announcements . Clerk yes. Public comment is will be available for each item on this agenda via telephone, by calling 888 2045987, access code as seen on the screen. Then follow the systems prompts. Once you join, you will be able to listen to the meeting as a participant. When you wish to speak on an item, dial 10 to be added to the queue to speak. Each caller will be allowed two minutes to speak. When the two minutes are up,
Kagan watching this chain mail in for the past few months the stream has taking a round the world looking at the Global Pandemic and the impact its having a very citizens around the world today we still post at the pacific nations and ask if their isolation is actually helping them tackle coverage 19 and what issues and challenges they may well have if youre on you tube we would love to hear from you jump into the chat and he can be part of the conversation im going to start the conversation introduce in the guests and theyre going to say hello to you so ambassador it is wonderful to have you here on the strain tell everybody who you. Know i am from power i am due for men the president of the allow an ambassador to the United Nations based out of new york. As a gift to have use of p. S. Oakum to the string tell everybody whew you are hi good morning good evening of relevance affair marilyn are a part of the some of the vets a lot of them only daily news and sound so great to have you a
Other. Yesterday, down over 200 adding that, you are down more than 1,000 points of decline in early session right now. Well see what the market does as we get close tore reopening and of course to the closing bell today s p 500 down 33 and nasdaq down 101. The central bank indicated it would keep Interest Rates near zero projected that the u. S. Economy will shrink by 6. 5 in 2020. They do see a gain they are expected by 5 in 2021 followed by 3. 5 gain in 2022 and will continue increasing Bond Holdings and Mortgage Backed securities at 40 billion a month. Take a look at the 10year note, yield now sitting at 0. 698 . Crude oil prices have also come down a little too. Wti is down about 3 this morning. Ticking at 38. 38 a lot of this is because of what the fed is you no saying you are really expecting some tough economic sledding. The news out of 12, 13 states probably not great either. I think it would be hard for me to sell right now. You wait around. We dont invest. You would have wis
Fed set 2022 and what the chairman will say and what i assume will be a Virtual Press conference today. Ofncine we will have plenty market action. We will look at the markets every 15 minutes, including what is happening in treasuries. We had the oecd coming out with their economic outlook. That was released about an hour ago, and the oecd, it is a smarter way of doing it, tom. Forecasting the pandemic would cause a Global Economic slump of 6 here, but if there is a second wave, that becomes a seven point 6 slump. It is a good way of visualizing percent comes a 7. 6 slump. By thewas taken aback differentials between the bar charts of europe and the United States. I did not have in my head how much worse the guesstimate is for gdp decline in the europe verses in the u. S. It is a very good report. Francine it is also because of where europe was in the economic cycle. Lets get straight to first word news in new york city with ritika gupta. Ritika good morning. A warning from jeffrey gund