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Of that will be technical selling. The bond market is a little bit unusual not so much happening in yields here, but in europe you are seeing pretty strong support. The time now for the market moving news from our new york team. We want to begin with china and that historic economic slump. Ae first contraction in backdated. We have our correspondent with all of the details. Mike it was actually worse than you expected, 6. 8 decline, the worst since they started reporting quarterly in china back in 1992. The economy has not contracted the fullyear basis since 1970s. We will watch that. One reason the numbers were not worse, if you look at the second number, smaller than expected, Industrial Production of on. 1 , factories returning to work. The problem for them is with the rest of the world unlock and there is nobody to buy their stuff. Consumers are not buying. Lockdowns were lifted but people are still reluctant to go out ....
They, in the early days, didnt have the testing capacity. When it came online in meaningful amounts, it increased significantly. I think the big frustration in the u. S. Has been that there is this inability to go out and do widespread Disease Testing and surveillance. David explain that to me. We heard alex azar saying everyone who needs to be tested can be tested. Where are we on that . Weording to secretary azar, are in good shape. Drew that is misleading. All of the testing that is being done is essentially boutique testing, where someone gets a nasal and throat swab, and someone has to basically go and handle this sample. It is a human process. It is not the take a swab, it goes into a machine, and you are running 2000 of these a day, or a rapid strep test that you would get. That is where the real testing volume and surveillance happens right now. Even if there are test kits available, you still need the people available to ....
Item number two, chairs report. I mentioned this, we have been getting our study of congestion management and pricing in downtown San Francisco. We are starting our conversation with stakeholders. This thursday, the policy Advisory Committee for the study holds its first meeting and the meeting is open to the public and will take place between 68 30 p. M. At the offices located at 1455 Market Street on the 22nd floor. For more information you can visit the Transportation Authority website. I would like to thank staff who have visited Treasure Island at various times this year. To meet and do outreach to residents and stakeholders. They did a great presentation. As always, i encourage my colleagues ....
All right. Good morning. Welcome to the Board Meeting of the Treasure IslandMobility Management Agency board. Alberto is our court. Will you please call the role. [roll call] we have a quorum. Thank you. We please call the next item. Item number two, chairs report. I mentioned this, we have been getting our study of congestion management and pricing in downtown San Francisco. We are starting our conversation with stakeholders. This thursday, the policy Advisory Committee for the study holds its first meeting and the meeting is open to the public and will take place between 68 30 p. M. At the offices located at 1455 Market Street on the 22nd ....
Thank you. We please call the next item. Item number two, chairs report. I mentioned this, we have been getting our study of congestion management and pricing in downtown San Francisco. We are starting our conversation with stakeholders. This thursday, the policy Advisory Committee for the study holds its first meeting and the meeting is open to the public and will take place between 68 30 p. M. At the offices located at 1455 Market Street on the 22nd floor. For more information you can visit the Transportation Authority website. I would like to thank staff who have visited Treasure Island at various times this year. To meet and do outreach to residents and stakeholders. They did a great presentati ....