Meeting of the San Francisco board of supervisors. Madam clerk, would you please call roll. Clerk thank you, mr. President. [roll call] [roll call] mr. President , all members are present. Supervisor yee thank you, madam clerk. Just a reminder, if you are not speaking, please mute your mic. Im hearing a lot of echo. So, at this time please place your right hand over your heart and will you please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Supervisor yee ok. On behalf of the board, i would like to acknowledge the staff at sfgtv who will record each of our meetings and make the transcripts to available to the public online. Madam clerk, are there any communications . Mr. President , i have a communication that ive been providing during this covid19 Health Emergency to the public that the Board Members will partic
Will it make its way back to zero . Seems to be part of the conversation building in markets. Barrelumped above 65 a as supply disruptions in iraq brought concern to geoPolitical Risk. With more is Annmarie Hordern. Detention we are seeing in libya and iraq come very different in nature. What is the impact of these on oil supplies . Annmarie they are both geoPolitical Risks to the oil supply. In libya, the government says we could go to 72,000 barrels a day. This has to do with the eastern military commander. He has a blockade now on the port, so actual supply is not disrupted. The market may be shrugging off a little bit because in days or hours, that blockade could be lifted. Iraq, while it is a minor disruption, which is producing more than 4 Million Barrels a day, it opens up a window of worry. Just last thursday, the iea says iraq remains very vulnerable. It is more about could the supply threatened become much bigger. Anna they are overproducing their opec target. Annmarie this c
Increasing pessimism about growth. More ceos than ever see a slowdown. Sophie chinas mystery virus is spreading through persontoperson contact. Hubs stepping up passenger screening. Lets turn to selina wang in beijing with australian markets coming online. Selina we did see australian markets red hot. We are now starting to see them drift slightly lower, marginally except for the new zealand up. 2 after gaining 3 since the start of this year. We did yesterday see the equities hit record highs when it comes index price and private equity valuations. So, that would be enough to ring bells in normal times but our strategists say that macro backdrop in australia is dire enough to call this rally into question when you consider the massive wildfires that are damaging their economy. With increasing focused on environmentally sustainable investing, that rally is potentially at risk. I want to check on that a little bit more with this next chart. Thelook at that rally in context of the u. S. C
To see you all. What a wonderful, wonderful crowd. You know, let me begin by just saying, stating the obvious. Every four years, democracy begins in iowa. Its not hyperbole. Democracy begins in iowa. You are the ones that have the starting gun. Youre the ones that decide and have a Significant Impact on who is likely to be the nominee in the democratic party. And for that matter, republican party, when there is not an incumbent president. And it matters a lot, because of the values you all bring to the process are real. I want to talk a little bit today about values. You know, folks, im running for i decided jill and i decided we are going to were going to run this time for three basic reasons. Most important one was is, we have to literally, not figuratively, restore the soul of this country. Were in trouble. Were in trouble. [applause] mr. Biden the way our National Government is acting now is not who we are. It doesnt reflect who america is. The way the president speaks of his oppon
I told the senator, i said, i know you have eyes in the back of your head. My mother had them. Every damn thing i did, she caught me doing. [laughter] mr. Biden well, its so great to see you all. What a wonderful, wonderful crowd. You know, let me begin by just saying, stating the obvious. Every four years, democracy begins in iowa. Its not hyperbole. Democracy begins in iowa. You are the ones that have the starting gun. Youre the ones that decide and have a Significant Impact on who is likely to be the nominee in the democratic party. And for that matter, republican party, when there is not an incumbent president. And it matters a lot, because of the values you all bring to the process are real. I want to talk a little bit today about values. You know, folks, im running for i decided jill and i decided we are going to were going to run this time for three basic reasons. Most important one was is, we have to literally, not figuratively, restore the soul of this country. Were in trouble