The meeting will come to order. Good morning, everyone. This is the april 22, 2020 regular budget and finance committee meeting. At this time, i will also be calling the Appropriations Committee. I am joined by supervisor [inaudible] broadcasting this meeting. Motion to for todays budget and appropriation committee. Thank you. Can i have a second please . Roll call vote, please, madame clerk. The motion . Walton aye. Mandelman aye. Yee aye. Fewer aye. There are five. Supervisor fewer thank you. Welcome. Madame clerk, any announcements . Yes, madame chair. Due to the covid19 Health Care Emergency and to protect members of the public, the board of supervisors and chamber room are closed. However, members will be participating as if theyre physically present. All the comments will Public Comment will be available. Streaming the number across the screen. Each speaker will be allowed two minutes to speak. By calling 888 2045984. Press pound and pound again. When youre connected, dial 1 and
Seriously when you have such weakened trading volumes. In oil, a choppy session overnight after a big gap down sunday. The direction now depends on when the Global Economy will be able to open up, and that will be the indicator for all of the economic data, as well as risk appetite. Time for todays market moving news from our new york team. We begin with a historic price deal. Plus coming to an agreement to to cut minutes output. ,inutes after the deal was done the Saudi Oil Minister saying that opec is up and alive. With more is in reordering. What do we with more is annmarie hordern. What do we know now . Annmarie they were able to finally clinch this deal, 9. 7 Million Barrels a day. I would say that the main takeaway, goldman put it as historic, but insufficient, given how bad the demand loss is and how bad the supply glut is. These cuts of 9. 7 Million Barrels a day. We should also say that goldman puts it at 4. 3 Million Barrels a day, when you take from First Quarter levels, ass
Joining us from seattle, washington. Officerhief strategy for the Health Initiative and a professor of Global Health at the institute for Health Metrics and evaluation. Dr. Ali mokdad. Thank you for being with us. It is a pleasure. Host as you look at the trends tonight, what do they tell you . Dr. Mokdad we peaked on april 10 and they are coming down for the whole country but there are states that are still going up and others are going down. Host how do you do your study . What is the methodology . Dr. Mokdad we decided to model mortality on a daily basis and death rate and we used experience we have seen in wuhan, italy, and spain. We reversed the mortality how many beds we will need in the hospital and how many ventilators. We know in the United States for every death how many patients were admitted. Host at one point there was an expectation we could have 230,000 deaths and that number has come down, correct . Dr. Mokdad true. Our numbers have always been less than 100,000. First
Exercising were ordered home. In front schools bars and restaurants are closed gatherings of more than 100 people are banned and people are being urged to work from home public transport is still running but more measures are on their way as of them at this stage in urban areas we will maintain public transport to allow french people to commute for strictly necessary purposes and regarding Long Distance travel by train between major cities by bus or by plane this will be gradually reduced. In the u. K. The governments been accused of not acting quickly enough to contain the spread as people stocked up over the weekend almost emptying supermarkets in some areas hundreds of scientists queried the governments strategy the Health Minister now says water time style measures are coming hes asking british manufacturers to make more ventilators soon everyone over the age of 70 will be asked to self isolate for up to 4 months and this week should see new measures including a ban on large gather
Fugitives into the hole with all the sports which all over the world continues to be called off all played behind closed doors including this football match at brazils american or stadium once famous for holding muti 200000 fans in the World Cup Final. Welcome to the news our governments around the world have stepped up restrictions on the movements of their citizens to reduce the spread of the coronavirus the number of deaths recorded in italy has risen 25 percent in the past day to just over 800 overall its only has the highest number of cases outside of china that almost 25000 spade became the 2nd european country to impose a nationwide lockdown its confirmed 2000 new cases and the number of reported deaths as doubles and then in the middle east. Iran has announced 113 people died in the past 24 hours the number of confirmed cases is nearing 14000 in the United States increased screening measures for people returning from europe of course chaos at airports the u. S. Has imposed a ba