Welcome to daybreak australia. I am haidi stroudwatts in sydney. Annabelle i am Annabelle Droulers in hong kong. In the top stories this hour, asian stocks primed for gains after an upbeat day on wall street was job data supporting the case for fed rate cuts this year. Around 600 Japanese Companies as well report earnings later today. Haidi president xi pledging fresh investment in hungary as he receives backing for beijings pushback against overcapacity claims. Annabelle we are to the bloomberg tech summit as Silicon Valley leaders talk ai and much more. We will hear this out from snap ceo. Kicking off with breaking news this morning, we have perus central bank making its Rate Decision as forecast by most economists. We are seeing that cut coming through to 5. 75 earlier at 6 . We did action have a decline last month in Consumer Prices that sort of green lit what has been a secondquarter point reduction here but inflation last month slowing to 2. 42 in line with the Central Banks targ
Public comment callin dial 14156550001 access code 2664 232 9116 password sfgov dial star 3 to be added to speak in the queue. In addition to inperson Public Comment, the commission will hear up to 15 minutes of remote Public Comment on each agenda item. The commission will hear remote Public Comment on each item in the order that commenters add themselves to the queue to comment on the item. Because of the 15minute time limit, it is possible that not every person in the queue will have an opportunity to provide remote Public Comment. Remote i will now call roll. [roll call] you have a quorum. Item 2. President s welcome. Well start with the land acknowledgment. Ramaytush ohlone land acknowledgement the San Francisco Fire Commission acknowledges that we are on the unceded ancestral homeland of the Ramaytush Ohlone who are the original inhabitants of the San Francisco peninsula. As the indigenous stewards of this land, and in accordance with their traditions, the Ramaytush Ohlone have n
Yield my time. You. Lets hear from the next caller, please. Hello caller, are you with us . Ladies and gentlemen of the board, good evening. I stand before you today to discuss a issue that effects each and every resident of our community. The state of our Public Transit system. As our cities grow, so does the need for reliable efficient and sustainable transit network. Lets talk about accessible. Currently many areas are under served by Public Transit forcing to rely on personal vehicles. This not exacerbates transferic but also limits opportunity for those who cannot afford a car. We must expand our bus and train routes to reach these areas and offer more frequent service, especially during peak hours. Secondly, affordability is a concern. High fares discourage from using Public Transit. I propose we explore options for subsidized fares for low income families, student, senior and most importantly immigrants. We need to purchase as many cattle cars a we can andback to home land to ru
A religious community in the us that originated in europe, their rules i called audio and include adults baptism. And at times in strict communities the refusal of technological advancements. They wear Old Fashioned clothes and head coverings. And the men have long beards. Spending time with the amish dislike delving into the past, the of the. My name is chemo slave all. I am married to martha miller. Slave boy. Now. We have 7 children. We are old order ami, and we live on a 94 acre farm. The we cried, a state auto technology. We try to stay away from that is much more you keep away from us, the better we we like you just too much technology. Just re problems 40 year old, you know us as a farmer and the blacksmith is children are between 5 and 15 years old. This label family lives in middlefield, ohio, in jo county home, one of the Worlds Largest amish communities. Is course for you and you know, we dont use vehicles to try smaller just so yeah thats, thats been a long time tradition i
The dollar index is up. Trading at 12. 53. Near 20 year low come up about a points under the alltime high that it hit last year. Nymex crew to gaining almost two dollars a barrel. This is west texas intermediate at over 90. Pretty aggressive moves up in oil. Jonathan we are also watching tech in a big way. Some mix performance from these three names. Lets start with the losers hp under pressure that Warren Buffetts unloaded several million shares per yet we are seeing a touch of weakness in adobe stock added the companys quarterly results. Adobe when the ai gainers so big expectations. One endless view that etsy and others view is that as he could perform well. That stock responding to that. Wall street call today up 3 per year the big story of the day has been the highprofile arm ipo. After that trading debuted we continue to watch the stock. Currently up more than 18 at this hour. Matt one were waiting for all morning. Did not start trading until this afternoon per year just after th