Trading could be numbered. Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are telling the story of three things we are watching. First of all, Central Banks, second, politics, number three, rising some kind of program, so trying to temper that with relief to companies with furloughs. We did have senator kamala , and what that means is the widening polls for joe biden seem to have been taken in stride when it comes to the markets. I am looking at dollars weakening, travel Companies Leading gains in europe on the stoxx 600, and i am looking at a couple of other things, treasury yields steady and gold getting a little boost. Coming up, looking at the decision from chairman lorenzo bini smaghi, we talk brexit and Central Banks. Now, lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Record daily increases. National politicians are leading leaning on politi
Standout. Take a look, the nasdaq closing above 10,000 which is a now record high, the other majors under pressure. Ordering food delivery. Grubhub to be acquired by European Company leaving uber empty handed. Grubhub soaring this morning, almost 50 7 rather on grub hub. Dont miss that. Valuable insight. President trump headed to dallas to talk Police Reform as protestors continue to take to the streets across the country. We have all the latest happenings coming up. The next jobs in america, with more people working from home the cyber threat is growing. The growing demand of cybersecurity. Mornings with maria is live right now. Maria and Global Markets this morning are under pressure, take a look at burpan indices selling off the morning, ftse 100 down 122, cac quarante down 101 and dax index down 244 right now. In asia right now its red across the board, we will bring you all of that coming up. Oil prices are also sliding this morning along with stocks. This, of course, indicater, s
Just say hi. We dont take breaks on live stream. Youll get extra content and more answers. So right now, lets get to it with dr. Peter chin hong. Good to see you again, doctor. Hope you had a restful weekend. I know its probably difficult but thanks for joining us. My pleasure. Thank you. Weve had a lot of developments over the weekend. One of the stories that i kept reading this weekend was that we are learning more about how coronavirus is transmitted and that theres a greater likelihoodhais true and i like ask you, how much we know about that. What does that mean for how we might take precautions. That sounds more transmissible then. I think that even though its possible, again, everything is a continuous risk. I think what id pose to the community is what the biggest risk. The biggest risk is still, i truly believe, within that threefoot range. Again, as you go for further along, your risk decreases exponentially. Theres a huge dropoff after three feet. Even though theres reports t
Supervisors. First, i agree with you, i would also expect a thorough review from my office. With that said, i cant commit to get all of them through by january 1st. Thats just not realistic because i dont know how much time it will take. But with that said, the security plan is defined in this ordinance is done in consultation with the Police Department and approved to the condition of the permit. We fully expect to develop rules and regulations associated with some of the plans. Many will not be developed and be public with long enough time frame to be put in place by january 1st for full transparency sake. With that said, those requirements through the rules and regulations would be applied in my mind, and i think through this legislation to article 16 permits. I think when it comes to the final final. Yes, final permit. When it comes the the security plan, a lot of it is assessing what existing mcds have in place for their security plans and ensuring theres no gaps when it comes to
Currently. And it saves retail operators from having to go outside the city in order to fill their pipeline. I mean, we basically eliminate businesses that have been operating to date providing the pipeline for existing mcds to continue to do their business. And then the other one you didnt really speak about, the Compassion Program. Do you want to Say Something about that . Yeah, well, the Compassion Program. State law did not allow fto giv away cannibis. This allows a store front to have medical cannibis product at low or nominal cost for individuals qualified under California Health and safety code 1362. 7. This is page 10 line 8 to use medical cannibis. So it allows the director of the office of cannibis to adopt rules, regulations and guidelines applicable to Compassion Programs including but not limited to eligibility and applicable to those who may get it at low or no cost. In laymens terms, essentially the current laws dont allow for basically giving away cannibis. But what thi