Multiple seeking challenges in the rise of yonperforming loans, so m second question is on banks. The general counsel discuss the onond containment measures european banks . Thank you. Thank you very much for your question. Tltro is a longterm refinancing scheme that is really intended help the financing of the economy because banks are offered very attractive terms in order and provided that the lind to the economy. It is not that they lend to the economy. It is not that it was a very generous package of refinancing without any conditionalities. The banks are going to only be eligible to the very attractive rate of 100 basis points provided that they lend at least as much as they did to the economy. So that is number one. It is an encouragement to finance the economy. And all sectors of the economy, not just large corporate accounts. It is focused on small and mediumsized enterprises. Through the enlargement of collateral pools, we make sure it can reached the small osborne orders and
Coming after yesterdays euphoria that is part of the momentum growth trade materials and industrials are the only sectors in the green. We have a few more ipos and awaiting more news on tiktok and oracle it will be busy coming up on todays show, mohammed elerian will join us on the on going stimulus stalemate and well speak with Jim Fitterling and shares of Cybersecurity Firm Palo Alto Networks up 80 from the march lows as companies boost protections for employees working from from home the ceo will join us to discuss that trend and much more lets focus first of all on the big stories youre watching. Mike santoli is tracking to days volatile Market Action we have the latest on stimulus in washington and sara has new reporting on the oracletiktok sag yachlt mi saga mike, markets down 1. 4 . The ive been heavy tape all day. We continue this process of sort of undoing that august overshoot to the upside. Ive been focused on levels that we saw back on august 11th thats about 3333 we closed
In how to respond to European Countries blame russia for the alleged nerve agent attack on russian dissident election a body but do they have enough evidence and political will to get. Corona virus fatigue around the world and here in berlin is fueling not just skepticism but denial we talk to an expert about whats driving the protests and the spread of dangerous conspiracy theory. And trouble for boutique beer makers in thailand. Producers and. Microbrewers feeling tapped out. But im terry martin good to have you with us one of the leading figures in the Opposition Movement maria called. Has been detained trying to leave the country and cross into ukraine thats according to a spokesman for the better racin border force the official said 2 of her allies were able to leave the country kalashnikov a has been leading mass protests against president Alexander Lukashenko on monday the Opposition Movement said mass then pushed her into a vehicle in the capital minsk and drove her away its fo
Across the atlantic. House Speaker Nancy Pelosi said there would be no chance of a trade agreement with the u. S. If Boris Johnsons action threatens hes in northern ireland. Meanwhile, Boris Johnson is defending his comments in which he intentionally downplays the severity of this coronavirus. President told author and Journalist Bob Woodward he likes playing down concerns to avoid panic. Democratic president ial nominee joe biden said trump failed to do his job and is responsible for tens of thousands of deaths for not getting adequate warning about the dangers of the virus. Now, one in five companies in coveringwith only just debt Interest Payments according to the conservative think tank onward. It is called for the chancellor to relax the rules on virus loans repayments, warning the economic recovery will be hampered by crippling levels of corporate debt. It says borrowing sense lockdown began, threatening to push more than 4 of companies, employing almost only 2 Million People int
Mr. Moderator, do we have any calls . There are no callers in the queue at this time. Thank you. Public comment on item 11 is closed. May i have a motion on this item . Move to approve. Second. Madame secretary, please call the role call vote. [roll call] thank you. You have five ayes. The motion carries. Thank you. Next item, please. Item 12 is authorize the general manager to negotiate and execute a memorandum of understanding with the public works department, Municipal Transportation Agency, Fire Department and Port Commission regarding the authority and responsibility for operations and maintenance of public improvements at the mission rock special use district. And approve amendments to the mission rock infrastructure plan. And deputy g. M. Michael carlin will introduce this item. So, the title of the item actually explain what is were doing here. It is a memorandum of understanding to outline responsibility and authority for each City Department as we go into port property in the