2020 agenda unless otherwise stated. Mr. Clerk, call item number 1. Clerk a motion directing the clerk of the board to initiate a request for proposals process for special Investigation Services. Thank you. Supervisor haney, as a sponsor of this measure, the floor is yours. Thank you, chair marr, and good morning, everyone. I think that this is, you know, obviously a very challenging time for our city right now with multiple departments who have been implicated in a larger investigation. Clearly, you know, charges that have been levied by the u. S. Attorney against individuals in government and outside. And it is critical that we do everything that we can to investigate fully, prevent any future fraud or corruption, and to do everything that we can to restore the public trust. This is not a time for business as usual and i think that the public is looking to us as the board of supervisors to investigate fully to make some serious changes around accountability and transparency and to do
And it appears on the march 10, 2020 agenda unless otherwise stated. Mr. Clerk, call item number 1. Clerk a motion directing the clerk of the board to initiate a request for proposals process for special Investigation Services. Thank you. Supervisor haney, as a sponsor of this measure, the floor is yours. Thank you, chair marr, and good morning, everyone. I think that this is, you know, obviously a very challenging time for our city right now with multiple departments who have been implicated in a larger investigation. Clearly, you know, charges that have been levied by the u. S. Attorney against individuals in government and outside. And it is critical that we do everything that we can to investigate fully, prevent any future fraud or corruption, and to do everything that we can to restore the public trust. This is not a time for business as usual and i think that the public is looking to us as the board of supervisors to investigate fully to make some serious changes around accountab
Everything from the bank of england, we are looking at the ecb as well later tonight. Lets briefly have a look at where we are on the state of risk assets right now. We are down 2. 5 under zealand, so down across the board equitywise. U. S. Futures pushing lower. Stocks and bonds were both hit, combined was the worst that we saw since at least 2002. The dow now in a bear market and ending that 11year bull run and the s p just within 1 of entering a bear market as well, that 19 drop, so you see that selloff continue during the asian session. Further intoking bear market territory after it did enter one yesterday as well. Japan also down more than 1. 5 . Also, we are taking a look at bonds, seeing that yield pickup across the board in asia. We are hearing President Trump is heading for the podium. He is there now. Lets listen in. And istarted in china now spreading throughout the world. Today, the World Health Organization officially announced that this is a global pandemic. We have been
Corona Virus Outbreak has been labeled a pandemic by the World Health Organization Johns Hopkins university in the u. S. Ports world wide and the actions of well over 125000 cases growing in the u. S. President trump to set to address the nation at any moment alison is to begin speaking we will take you there is expected to announce a further economic package an addition to the 8300000000 dollars of emergency funding approved last week and anthony she is one of the governments top disease advisers on wednesday he testified before congress urging politicians to take more action and warned against large gatherings. So i can see we will see more cases and things will get worse than they are right now and president is speaking now to speak with you about our nations unprecedented response to the corona Virus Outbreak that started in china and is now spreading throughout the world today the World Health Organization officially announced that this is a Global Pandemic we have been in frequen
But the market obviously not the only thing that has people on edge. The World Health Organized in reporting this is now officially a pandemic and we will get into exactly what that means for you in a little bit. The number of coronavirus cases in the u. S. , now well over 1000. Twentynine deaths in Washington State alone. They have banned large gatherings of over 250 people and now were seeing severe measures to prevent the spread. New rochelle new york with the milewide containment zone. The ncaa said therell be no spectators for march madness and more universities and schools are closing by the day. Students there are engaging in online classes. Oversees its more extreme. Italy has shut down all of their shops in the entire country except pharmacies and food markets. The government they are still urging parts. We want to give you a response to the coronavirus outbreak that started in china and is now spreading throughout the world. Today, the World Health Organization officially ann