Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments
So as a forecaster when you have to cover for that cover storms into the 5 00 a. M. Forecast, you have to get up really early. It is really challenging. Sometime some time ago, i read erik ons storm larsons book. It is a remarkable account of the worst National Disaster in history, the galveston hurricane of 1900. The book brings to life america at the turnofthecentury and the destruction of the city, at the time the jewel of the south, the new york city to be of the gulf coast. Author joins us here today and brings to life human drama, survival from a massive hurricane that slammed galveston almost 100 years ago, coming up on september 8. Given that it is the 100th anniversary, this is the great time for us to look back on the tragedy in the nonfiction andunt of erik larson the nonfiction account of erik larson. Before i introduce him, i want to discuss the anatomy of hurricanes, how we go about cutting it forecasting, and i want to step back in time to show footage taken after the da
Came out against fcking. Llllt thatha means tex tasoi de onene thene t t t t mos uneld ates i i i coury that meanseansnsnskloma, nora,a, ko mico,iconnaonnae a erster. Er er io,enns pva pa. Pa. Rano finck to have the t t t t res of offt reecre. Re i redodo wantot b wai wng arndar f f f weendnd mon ms m a ll pllentiti a, reallyy didy right, years because youll never know. Thesee ballots are missing. Youyo saw patterson, new jersey. You saw many other instances. Theresri tremendous litigationn that right now. And that doesnt include absentee. Absentee is different. Absentee you have to work, and you have to send in for applications, you have to go through a whole procedure. Like, for instance, im an absentee voter because i cant be in florida because im in washington, im at the white house. Ill be b an absentee voter. We have a lot of absentee voters. So were inrs favor of absentee, but its much different than millions of people. In california they go to send out tens of millions of votin
Well, that means texas is going to be one of the most unemployed states in our country. That means oklahoma, north dakota, new mexico, gonna be a disaster. Ohio, pennsylvania. Disaster. No fracking. I want to have the result of the election are. I dont want to be waiting around for weeks and months and literally potentially are, if you really did it right, years because youll never know. Thesee ballots are missing. Youyo saw patterson, new jersey. You saw many other instances. Theresri tremendous litigationn that right now. And that doesnt include absentee. Absentee is different. Absentee you have to work, and you have to send in for applications, you have to go through a whole procedure. Like, for instance, im an absentee voter because i cant be in florida because im in washington, im at the white house. Ill be b an absentee voter. We have a lot of absentee voters. So were inrs favor of absentee, but its much different than millions of people. In california they go to send out tens of
Weekly caucus meetings. Republicans are meeting with treasury secretary Steve Mnuchin this afternoon about the coronavirus response. We expect to hear Senate Majority leader Mitch Mcconnell address reporters at 2 p. M. Eastern. The senate will gavel back in at 2 15 eastern and, of course, well have live coverage here on cspan2. Up next, a conversation on the coronavirus pan dem sick and public trust in pandemic and public trust in government. We hear from this forum hosted by the Atlantic Council. Good morning. This is fred kemp from the Atlantic Council, and thank you for tuning into this timely, unfortunately timely conversation on Public Trust Institutions and the coronavirus epidemic. First of all, i want to thank ours. Speakers who are here tody and everyone whos joined us online whos being responsive to the call for social distancing. We actually dont think that social distancing contradicts common cause, and thats the way were going to run the Atlantic Council during this period