Rather than later a few bullet points for the commute. 4 00 to 7 a. M. , a few areas of light scattered rain. The storm system will begin to arrive and the first of the storm will hit the north bay. When it comes to the wet weather, the other thing we are tracking is increased confidence that we will see thunderstorms pop up tomorrow. Of course we are tracking that and the full time line of the storm system and how long it lasts across the bay area for thursday in a few minutes. Thank you very much. Rain moved across the bay area hitting marin, napa and sonoma counties the hardest. It is troublesome at this point. It was a dangerous day on bay area roads. One man died in a crash on 680. And another mess in walnut creek, as well. A car flipped on its side on 680. It was part of a tencar crash. Five people hurt. Investigators say the wet roads have been a huge factor today. Other headlines, what happens tomorrow will impact millions of people and could also fracture washington politics e
Losses for top wine producers in the world. The recovery effort is underway one day after a 6. 0 magnitude quake struck the area. So far 49 properties have been red tagged. Despite 70,000 residents being without power right after the quick hit, full restoration is expected very soon. However, for about 500 customers, their water is not expected to be fully restored for another couple of days. Good afternoon, everybody. Im brian flores in for tori campbell. Ktvu has Team Coverage on the quake. We begin with alex savidge who was there as city officials gave the latest update and he joins us live. Reporter s day after this large earthquake and city leaders here in napa are really now getting a handle on all of the problems they need to deal with, of course, many buildings in this area were damaged severely in yesterdays quake. This is just one that were standing in front of this morning. You can see the huge gap running down the side of this building. This is napa square in the down town
For misconduct while the Retail Banking arm disappoints. Oil stocks cling on to the green. Surprising analysts with some positive earnings. Welcome to the show. We have been getting unemployment data. We just got the number out of italy. The march Unemployment Rate rising to 13. 0 from 12. 7 in the month of february. At least march youth unemployment which has been a big concern for investors rising to 43. 1 . To give you context on italys labor market the seasonally adjusted Unemployment Rate rose to 12. 7 in the month of february up from 12. 6 in january. As i said youth unemployment has been particularly a challenge for the country of italy measuring job seekers between 15 and 24 years. Also increased to 22. 6 in the month of february. This is a set back to the labor market reforms which aim to make it easier for countries to hire and fire employees. You can see the euro dollar which has been moving to the upside over the past couple of days. Right now at session highs at 112. The a
Remarks and thank you for being with with us. There will be a conversation here at a conversation here at the table and we will open that up as long as time allows. Thank you very much. Thank you very much for the introduction and for inviting me i am very honored. I can only address a few of the problems you just mentioned because i am only the finance minister. It was quite successful after all. You might think that our decisionmaking processes are complicated and you might think that your policies will lead to little or no growth. I can simply tell you that once the economy is growing again and every country is expected to grow but i want to raise a more fundamental question. How can advanced economies achieve growth . For the past quartercentury there was a credit boom in 1997 and after that it came back in 2007. At the beginning of each of these cycles people thought we were entering a new era of prosperity. It became clear long ago that the instrument no longer works the way it u
I tried to mention shortly, normally i speak longer but i would prefer to save time for questionandanswer is we have one of the major problem of all economies to increase. There are gross expectations for coming here. And they have given the recommendation not to increase our expenses but to reduce our taxation. We will spend in our government anything available for increasing infrastructure. If i increase Infrastructure Investment germany will be better. We have federal government, we have state level that we have to keep in mind and we need to deliver more. I think we have a balanced way to increase investment. It has become better in 2005. She has very much relied on strengthening the part of federal budget increasing federal budget for research and education. No government, never has increased the budget for research and education. Even in this year and you know germany very well education is a great responsibility. But federal spending for states to raise money for education has n