Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
They are suspending trading in hong kong. We dont know the reason for that but we will bring you the reasons when we get it. Backdrop, the hang seng up by half of 1 . The authority spending a lot of money to defend the dollar peg. That is something on peoples. Inds as people make a rush 0. 5 toi composite, about the downside. Of what istrends going on as far as Market Action in this part of the world. Lets look at some of the first word news. President trump seems to have abandoned any hope of a virus package before the election next hek, telling supporters that sees a deal coming after the votes. Package covid19 continues to soar in the u. S. In newlizations jumped , ando, 50 in wyoming elsewhere in connecticut. France is planning a nationwide lockdown bid one in four airports in europe are collapsed as the virus europe face collapse as the virus stifles travel. Kar inion people in kash were said toince have undergone checks over the weekend. Authorities found five confirmed asymptoma
Small businesses. The airlines in dire situation. United and american saying they have to cut jobs, tens of thousands of them, as borders remain pretty much locked down. Yvonne you are seeing the president trying to do at least some damage control after he talked to negotiators to pull out of talks for a stimulus. Perhaps we are seeing some targeted measures. You have seen the market impact. The nasdaq and futures reversing the losses we were gaining. U. S. Futures are up. We will see if this bodes well for the rest of asia. If you look at the rest of the asia region, it looks like risk assets are looking less entire than the wall street session. We are seeing a bid for aussie against the japanese currency. When it comes to u. S. 10 year yield, we are holding steady, but the move up in yields on the announcement from trump. Stocks have been lower. Jakarta life coming back online. We are heading lower in jakarta. Hangseng up about 163 points. A touch higher for some markets. The rbi is
Going to do exactly that anyway, because were not really having those funds for the coming weeks until the First Quarter is ending. Were not scheduling 10bs for the main library. And i dont know, our chief operating officer is here and she can also speak to this. Good morning, committee members. I am maureen single ton witton e library. We have not received the billing from the Police Department and we imagine that the costs would be minimal at this point, given the activities for the current year. But i would be hesitant to eliminate the work order completely without having that billing information. So, chair fewer, is this a department to call back to see if we can eliminate the entire work order in the first year . Chair fewer sure. So i think that, mr. Librarian, we can have you come back next week after we have a discussion and also to give us a bit of time, but the rest of the recommendations, i think that we just received this one recommendation today. I think that it will give
I think that we a reserve recommendation also. So the reserve recommendation this is a policy recommendation to place a port economic Recovery Project on the budget and finance committee. I just questioned mr. Cruise. I know that you do have a Recovery Project plan, is that correct . Chair fewer, at this point we have the funding set up in a project. Chair fewer okay. What we dont have is a spending plan. So we agree that the budget analysts recommendation that we can come back and provide that plan and ask for the release of those funding that funding at that point. Chair fewer thank you, mr. Cruise. So seeing no comments or questions from my colleagues, i think that we are in agreement. Mr. Controller, can you please take note, this committees intentions to set the budget recommendation and recommendation number 6 from the b. L. A. For this department. Thank you very much. Next we have is the airport. Do we have joining us today . Mr. Sataro or kathy widener, our friend that we see a