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Ahead of the Conference Call to the g7, leaders, a lot of focus will be on whether they will step in with coordinated action or words to assuage the markets. Ahead of that, markets are rising. The stock europe 600, 4 and the that saw a lot of losses because of the epicenter in europe still in italy, up today. The dax up. S p futures, gains across the board. A caveat. Yesterday, we saw similar gains and they peter off as the day went on. Today, there is expectation from g7 and that the fed will possibly step in. Lets get to the bloomberg first word news in new york city with Viviana Hurtado. With an update on the coronavirus. Governments around the world preparing for emergency measures to fight the outbreak. Drugmakers hope to have antiviral treatments ready within the month and vaccines by next year. Of cases number worldwide, topping 90,000 but reports suggest over half t ....
Shares fall as a grocer misses profit expectations but the ceo says that the integration of its merger remains on track. Good morning, everyone it is wednesday, and it seems Global Markets hit by risk aversion coming from tensions between the north korea and u. S and evinvestors are taking money off the table when it it comes to equities. Were off by roughly half of 1 . But were seeing save haven flows into the yen, treasuries and gold well get to those first though want to show you what is happening with the european markets one by one. Ftse 100 off by 1 , xetra dax following by 0. 8 and the cac 40 off by a similar percentage. Weearnings to get through, but sector sector first. Basic resources managing to eek out a small gain 0. 1 along with real estate. Rest of the sectors are deeply in the red and obviously it all comes back down to this news, north korea says it is examining plans for a missile strike on the u. S. Pacific terr ....
Getting a significant reduction in their pension he or they wont have supported this were retired and dont have to worry about it but our brothers and sisters that are working in the staff will probably want to know why their pensions are effected. Is that a question or comment for russel. Seeing none, no other Public Comment ill close. The calory k chairing will entertain a motion of adaptation and participation recommendations ill move it. Second. Discussion on the motion seeing none, all in favor, say i. I. Passes unanimously please call item 11. inaudible world core entity within the teetering a target. The chair will accept it as explanatory ill open it up for another motion. Recommendations. I move we accept this funds. Ill second it. Great discussion on the motion . Seeing none, ill open up for Public Comment welcome back commissioner melberger. Just to get a braider m ....
Novelist aware they would be getting a significant reduction in their pension he or they wont have supported this were retired and dont have to worry about it but our brothers and sisters that are working in the staff will probably want to know why their pensions are effected. Is that a question or comment for russel. Seeing none, no other Public Comment ill close. The calory k chairing will entertain a motion of adaptation and participation recommendations ill move it. Second. Discussion on the motion seeing none, all in favor, say i. I. Passes unanimously please call item 11. inaudible world core entity within the teetering a target. The chair will accept it as explanatory ill open it up for another motion. Recommendations. I move we accept this funds. Ill second it. Great discussion on the motion . Seeing none, ill open up for Public Comment welcome back commissioner melbe ....
Specifically inaudible to 55 is that possible to get a better explanation im trying to figure out if this is moving people out of the benefits to assigned contributions or why theres a significant reduction in the pension benefits because i think those supported prop c were novelist aware they would be getting a significant reduction in their pension he or they wont have supported this were retired and dont have to worry about it but our brothers and sisters that are working in the staff will probably want to know why their pensions are effected. Is that a question or comment for russel. Seeing none, no other Public Comment ill close. The calory k chairing will entertain a motion of adaptation and participation recommendations ill move it. Second. Discussion on the motion seeing none, all in favor, say i. I. Passes unanimously please call item 11. inaudible world core entity within the teetering a target. The chair will accept it ....