Good evening im Jeffrey Tumlin San Francisco director of transportation. Welcome to the sfmta Budget Online open house. I know that this is very difficult time for all of us as the coronavirus situation unfolds. Were all thinking about how we keep ourselves and family safe, how we deal with our children at home and how to prepare for the financial consequences unfolding all around the world. Im grateful that you joined us at this time. We understand the challenge of having budget conversation given Everything Else that is going on. Yet, in order for Government Services to continue, Government Agencies need to have a budget. Were mandated by the San Francisco charter to submit a budget to the mayor of San Francisco and the board of supervisors by may 1st. A budget that is rooted in this agencys value. We understand that even if the mayor decides to use the Emergency Declaration to extend the deadline of our budget, we still need an adopted budget as a Reference Point for making the Nece
Welcome to the sfmta online budget open house top to ask a question about the key transportation decisions to be made for fiscal years 2021, 2022. Call 415 6462222 [speaking foreign language] good evening im Jeffrey Tumlin San Francisco director of transportation. Welcome to the sfmta Budget Online open house. I know that this is very difficult time for all of us as the coronavirus situation unfolds. Were all thinking about how we keep ourselves and family safe, how we deal with our children at home and how to prepare for the financial consequences unfolding all around the world. Im grateful that you joined us at this time. We understand the challenge of having budget conversation given Everything Else that is going on. Yet, in order for Government Services to continue, Government Agencies need to have a budget. Were mandated by the San Francisco charter to submit a budget to the mayor of San Francisco and the board of supervisors by may 1st. A budget that is rooted in this agencys val
[speaking foreign language] good evening im Jeffrey Tumlin San Francisco director of transportation. Welcome to the sfmta Budget Online open house. I know that this is very difficult time for all of us as the coronavirus situation unfolds. Were all thinking about how we keep ourselves and family safe, how we deal with our children at home and how to prepare for the financial consequences unfolding all around the world. Im grateful that you joined us at this time. We understand the challenge of having budget conversation given Everything Else that is going on. Yet, in order for Government Services to continue, Government Agencies need to have a budget. Were mandated by the San Francisco charter to submit a budget to the mayor of San Francisco and the board of supervisors by may 1st. A budget that is rooted in this agencys value. We understand that even if the mayor decides to use the Emergency Declaration to extend the deadline of our budget, we still need an adopted budget as a Referen
An interview with the impossible foods cfo on plans to enter china despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. According to ibc, smartphone shipments will drop 2. 3 to around 1. 3 billion units. Bloombergs paul allen and emily chang spoke with the privacy ibc president on wednesday. We have a number of analysts looking at this. We would say that the tightest component the ingredient in this is the people. People are not fully back to work. With think the manufacturers in china are mainly 30, 35 of capacity. They are slowly starting to ramp back up. That is good news. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc Circuit Boards and screens. That would fit with the story we saw today, that if you are having trouble with replacement parts, what is one of the biggest parts . It is
Because gold is rallying. Strengthen,inues to and treasuries continue to see their yields drop. The 10 year at 93 basis points right now. Guy we are moving pretty strongly here in europe. What a week it has been. Today we are definitely down when it comes to european equities. Seeings of what we are on the bond market, we see a bit attached to bonds. Not as aggressive as in the united states, which is worth bearing in mind. At the moment, the u. S. 10 year is down by two basis points. Nevertheless, we are 68. There seems to be some feeling that the russians wont sign up. Weve got a u. S. 10 year yielding 93 basis points. Things are moving pretty fast around here, and the words of ferris buehler. Economic activity is definitely slowing, so what comes next . Peter kinsella joins us now onsite in london. What do you make of these markets . Peter what is interesting is that youve got a combination of Global Demand shock, Global Supply shock, central Bank Reaction functions, and risky asset