We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers
Say its not the time to talk armenia and azerbaijan ignore the calls for a cease fire and deaths all minds. Dozens of people arrested in hong kong as by users of police trying to stop prodemocracy protests on Chinas National Day. And warnings the coronavirus pandemic could force millions of girls into early marriage. But 1st britains long and painful exit from the European Union may just have got a whole lot more complicated the European Union has announced it is launching legal action against the u. K. Over plans to breach parts of the brics its Withdrawal Agreements the e. U. Says a bill nye before the British Parliament would violates International Law when it comes to trade rules in north. Norland Prime Minister Boris Johnson has admitted its breaks the rules but says its necessary to protect jobs and the integrity of the case internal markets well this was European Commission president ursula underlying a short time ago this morning the commission has decided to send a letter of f
31,000 as compared with 110,000 for white fames. As many as 19 of black children in San Francisco live in poverty. Black and African American individuals comprise 35 of the citys unhoused population, despite making up only around 5 of the population as a whole. We have been pushing for reparation for black people here in San Francisco for decades and we have continue to see our organizations disrecorded and left out of receipt of vital resources and in these times of continued system d systemic discrimination of black people, we have to be strong with our solutions. In other words to provide a real opportunity for equity, we need to repurpose resources and give them to the black community to tlefl Playing Field and achieve successful outcomes. Thises a concrete, bold and immediate step toward true reparations for black people and im urging all of my colleagues to support this redistribution of resources from the San Francisco Police Department to the black community. Also today, im sub
Charter amendment be continued. Supervisor yee ok. So the question is, should it be continued and id like to get a motion to continue this item. So moved. Moved by supervisor walton and seconded by mandelman. Go ahead and call the roll to continue this item. Clerk to continue item 16 to june 23th, supervisor mar aye. Peskin. Aye. Preston. Aye. Ronen. Aye. Safai. Aye. Supervisor stefani. Aye. Supervisor walton. Aye. Supervisor yee. Aye. Supervisor fewer. Aye. Supervisor haney. Aye. Supervisor mandelman. Aye. There are 11 ayes. Supervisor yee without objection it will continue to the meeting of tuesday, june 23th, 2020. Item 17 is a motion to appoint larry bush to the Ethics Commission term ending february 1th, 2023. Supervisor yee go ahead and call the roll. Clerk on item 17, supervisor mar aye. Supervisor peskin. Aye. Supervisor preston. Aye. Supervisor ronen. Aye. Supervisor safai. Aye. Supervisor stefani. Aye. Supervisor walton. Aye. Supervisor yee. Aye. Supervisor fewer. Aye. Superv
Good afternoon and welcome to the regular meeting of the san not frasanfrancisco board of su. Madam clerk, would you please call the roll. Clerk thank you, mr. President. [roll call] mr. President , you have a quorum. President fung thank you. Please praise your right hand over your heart and 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. I would like to acknowledge the staff at sfgtv, ka lena who recorded each of the meetings and make the transcripts available to the public online. Madam clerk, are there any communications. Clerk yes, mr. President , i want to thank the president and the members for the length of this communication. The minutes will reflect due to the covid19 pandemic, member of the boards of supervisors will participate remotely through video conference. To the same extent as though they were phys