Welcome to to the point im peter craven and my guests are. Who is a freelance journalist from lebannon who believes that the coronavirus is hitting the poorest areas hardest and giving some governments an excuse to restrict Political Freedoms also with us is dont you fellows own chip on the chin below hes an editor with t w business here in berlin and he says the e. U. Is huge rescue package could derail european efforts to reset their partnership with africa and a warm welcome to 2 Andrew Gilmore executive director of the berlin based conflict president preval Prevention Organization of the backhoe foundation he argues that disease and conflict feed off each other so it is vital. What countries in the west however cash strapped they might be dont cut back on Development Aid and peace assistance. Thank you all 3 for being here today lets begin with you paul she pondered this is clearly a Global Crisis and we tend to say that it impacts everybody but it doesnt impact everybody in the sa
And Andrew Ross Sorkin well start with the markets this morning as the nasdaq logged another record high nasdaq now on an eightday win streak the longest since december last year watching u. S. Equity futures today. There is a pull back the dow is indicated down 265 appointments s p off by 28 and nasdaq down by 50 the nasdaq has seen its best quarter since 1999 and the dow the best since 1987. Check out the s p, for this quarter, s p is up for its best returns it has seen since 1975 looking at the treasury yields this morning youll see the 10year note yielding 0. 7005. That is kind of our comfort zone pretty comfortable if you need to borrow money for sure. The u. S. Is weighing some new tariffs on experts in this case from france, germany, spain and uk related to the 15year old wto fight over aircraft subsidies. Saying the eu is guilty of unfair subsidies to airbus the u. S. Has been accused of unfair subsidies to boeing, negotiations have been at a stalemate. Andrew thank you, joe in
5 million and 10 million here. That is 700 million budget. Supervisor ronen complains. The board should said fuck the p on. Ppoa. It is to protect the public. Defund the police. Reimagine Public Safety. Thank you very much. Next speaker, please. Good evening. I am tim. I am a resident of district 8. We demand complete defunding of the s. F. P. D. And redirect to Public Health. We must reimagine Public Safety. This is one way. Half than half of the budget we can house every unhoused person. Why should s. F. P. D. Get the increase while schools get 26 million in cuts . Cancel the upcoming Youth Program to cost 2 million that is peanuts compared to the Police Budget. Defund and disband the Police Department. Under be the brown act you cannot censor. Fuck the police. Thanks. Next speaker, please. Hi, i am didi. I want to say what they have been saying all afternoon and evening. Defund, disarm s. F. P. D. Now in the budget and redirect to public house, and those of col color. I yield my tim
Welcome to to the point im peter craven and my guests are. Who is a freelance journalist from lebannon who believes that the coronavirus is hitting the poorest areas the hardest and giving some governments an excuse to restrict Political Freedoms also with us is dont you fellows own chip on the chin below hes an editor with d w business here in berlin and he says the e. U. Skewed rescue package could be radio european efforts to reset their partnership with africa and a woman computer Andrew Gilmore executive director of the berlin based conflict president privet Prevention Organization of the backhoe foundation he argues that disease and conflict feed off each other so it. Is vital that countries in the west however cash strapped they might be dont cut back on Development Aid and peace assistance. Thank you all 3 for being here today to begin with you ponder the point of this is clearly a Global Crisis and we tend to say that it impacts everybody but it doesnt impact everybody in the
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