Time to for global exchange. We are going to bring you todays market we would news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Want to start in japan. Prime ministers shinzo abe and im sick stimulus measures to keep recession at bay. That Package Amount to around 239 billion. Going to me on the phone from hong kong is enda curran. Does this match expectations . What is the read in terms of growth . Enda slightly bigger than expectations, but nonetheless it is an important shift. There has been criticism for some time that the boj has put much run the course in terms of what it can do for japans economy, so economists had been saying more had to be done on the fiscal side. This could help offset a recession. The economy has been hit by natural disasters, by weak exports, and theres a feeling that this money may endure beyond the 202011 picks in japan olympics the 2020 in japan next year. And fresh spending that is leaving markets and
415 a6550001. The Small Business commission thinks Media Services and sf gov tv for televising the meeting which can be viewed on sf gov tv2 or live streamed at sf gov tv. Org. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at the end of the meeting and there will be an opportunity to comment on each discussion or action item on the agenda for each item the commission will take Public Comment first from people attending the meeting in person and then from people attending the meeting remotely. Members of the public who will be calling in the numbers. 415 a6550001. The access code. Is 266146220771. Followed by password 7221. Press pound and then pound again to be added to the line. When connected you will be muted and in listening mode only. When your item of interest comes up. Dial star three to be added to the speaker line. If you dial star three before Public Comment is called, youll be added to the queue. W
Public comment at the end of the meeting and there will be an opportunity to comment on each discussion or action item on the agenda for each item the commission will take Public Comment first from people attending the meeting in person and then from people attending the meeting remotely. Members of the public who will be calling in the numbers. 415 a6550001. The access code. Is 266146220771. Followed by password 7221. Press pound and then pound again to be added to the line. When connected you will be muted and in listening mode only. When your item of interest comes up. Dial star three to be added to the speaker line. If you dial star three before Public Comment is called, youll be added to the queue. When it is your time to speak, you will be prompted to do so. Public comment during the meeting is limited to three minutes per speaker. An alarm will sound once the time has finished. Speakers are requested but not required to state their names. Sf govtv. Please show the office of Smal
They have now arrived on capitol hill we take you behind the doors right now apollo ryans office the speaker of the house this is a powwow that involves the four most important people marked short who is of course the white house director of the affairs. And then of course the minority leaders in nancy pelosi. At the house they will sit down with the president but with these two administrators to try and stave off the next government shutdown. January 19. Thats all we head between now and then. To come up with a budget that has been pushed back twice now. Moments ago and here is a video on the right. Long and short term that could impact your money and how business of the government is operating and how your business and your money will operate. First and foremost. This group needs to come to an agreement on a planet to keep the government open be on that date i just gave you. That is when the Government Funds run dry. Actually two times ago it actually ran dry. The continuing resoluti
The rug out from under them that isnt really too shocking coming from speakinger ryan. Simple majority votes in the house before taxes go to the senate. To make them permanent in the senate you need 60 votes or more. This would not be done if he had his druthers if he had budget being sill ages. Is he sending a signal in order for Lasting Impact and value, and if he truly wants them to be permanent, then going the budget reconciliation route, will only require simple majority in the United States will not be enough. You will have to go to get a 60vote win, a 6vote margin allows permanent tax reform. Aa to president bushs tax cuts. They sunsetted after about 10 years. Now the question is, is he sending a signal both to the administration and to his colleagues in the senate, we can not afford to do that. Tax cuts are one thing, we have to welcome them, but we have to go for something much bigger that would involve going past budget reconciliation to something getting 60 votes in the sena