Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America First Nikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarter over quarter figure. The yearoveryear figure is a drop of 11. 3 , so a big drop in the german gdp. That the bloomberg economists expect a rebound in the second half, and of fullyear drop of about 6 for 2020. Lets take a look at what futures are telling us after the new record highs
Present. Commissioner moran . Here. Commissioner maxwell . Present. Commissioner paulson . Present. We have a quorum. At this time i would like to make a brief announcement. Due to the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance.
Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance. If you wish to make Public Comment on an item, please call the phone line when the item is called. Dial 8882733658, access code 3107452, and followed by pound and pound again to join the meeting as a
We have a quorum. At this time i would like to make a brief announcement. Due to the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor brown have lifted the restrictions on teleconference. This meeting is being held virtually with all members and staff participating today via teleconference. This will ensure the safety of the commission, staff and members of the public. If you have not already done so, i am now going to ask all members of the commission and staff to mute themselves to minimize background noise. This meeting is being televised by sfu tv. For those of you watching live stream, please be aware that there is a 20 to 40second time lapse between the live meeting and what members of the public are viewing on sfu tv. We extend our thanks to sfu staff and sfu tv i. T. Staff for their assistance. If you wish to make Public Comment on an item, please call the phone line when the item is called. D
Madam clerk please call item 11. Item 11 future agenda items. Colleagues, any future agenda items . Seeing none. Open for Public Comment. I just wanted to note for the items we have asked mr. Goebel to follow up on in terms of reports and those matters if we could open those up to be future agenda items for the commission. Yes, thank you very much. Any other future agenda items, colleagues . Seeing none. Lets open item 11 up for Public Comment. Is there anyone on the line . Madam chair, there are no callers wishing to speak. Public comment is closed on item 11. Is there anything more business before us today . That concludes our business for today. Thank you, mr. Goebel for organizing the presentations today. We all learned a lot. I know it was a long meeting. Thank you. We all learned a lot and i think all of it was so interesting. I want to thank everyone who participated. All of the background and the research on the presentation. Thank you very much. This meeting is adjourned. Good