Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health, governor Gavin Newsome and mayor breed have lifted restrictions on teleconference. This meeting is being held virtually with all members and staff participating via teleconference. This will ensure the safety of sfers board, sfers staff, and members of the public. While this allows us to hold meetings via teleconference, it may not be as seamless as it normally would be. A reminder to the public to mute your microphones to minimize background noise. Madam secretary, roll call, please. [roll call] clerk we do have a quorum. President bridges . Thank you, madam secretary. At this time, the board will be going into closed session. The board will begin with general Public Comment, but no earlier than 2 00 p. M. Well take Public Comment ongoing into closed session at this time. Madam secretary, please open the phone lines. Clerk members of the public who wish to provide Public Comm
He wants to work out a trade pact with the United States and has been trying to avoid a trade war but he also warned china is not afraid to retaliate when necessary. Eunice yoon joins us putting in his comments du jour. There is always something for those who think it is going to happen and then a qualifier. What do you think . That is right it is interesting that president xi jinping weighed in. This is the first time weve heard those remarks. Unfortunately, the content were not anything different from the standard government line about the trade discussions. He was speaking with a group of International Visitors including henry kissinger. His point was that china does want to have a phase one trade deal however there does need to be an understanding that u. S. And china are seen as equals and it has to be done with mutual respect. Thats what we had heard repeatedly what was also interesting was how he hinted at some of the tensions saying when it comes to the financial opening, china
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Luxury giant warns profits could plunge as much as 45 in the first half on the back of doubledigit sales declines in q1. And tech stocks lead gains in early european grade. Demand boosts chipmakers. An earnings miss sends volvo cars toward the bottom of stoxx 600 as luxury brand pulsar waits but hes optimistic. We have a really balanced portfolio. Were relying on ev sales. We have a lineup of different propulsion technologies. Of course, we have fuel electric cars, so that gives us a much greater landscape in which to p play. Good morning, everyone we start todays show with new data out of germany. Let me share it with you were getting in the new figures. They came in at 89. 4 thats an improvement from the expected number, which was 88. 8, and its also an improvement we had seen in the prior reading which was 87. 8 the bottom line at this stage is were seeing a bit of an improvement when it comes to how businesses in germany are feeling about the outlook and the prospects of the german
Order. Will everyone please rise and join us for the pledge of allegiance. pledge of allegiance roll call please. Brian stansbury. Present. Paskinjordan will not be here today. Leona bridges, present. Al casciato. Malia cohen. Next item please. Closed session. Do we need to call for Public Comment before going into closed session. Is there any Public Comment . Seeing none, we will close Public Comment a is there were just coming out of closed session. Is there a motion not to disclose . Is there a second . Ill second it. Take a vote on this . Do we take it without objection . Great. Item four general Public Comment. Before starting general Public Comment, i would like to make a quick announcement. I defer to commissioner makras. In the loss of mayor edwin lee. Thank you. Public comment. Are there any members of the public that want to address the commission . Im sorry, i have the speaker cards. I didnt realize the green things in front of me. Go ahead and start and then ill call everyo