Snapping a sevenmonth losing streak. Deal maker, russia selling an 11 billion stake in its Largest Oil Producer to glencore and the Sovereign Wealth Fund. The russian president went on national tv to tout the deal as one of the largest acquisitions in the oil and gas sector in the world and in the world in 2016. Thats what you need to know at this hour. Lets turn back to our main story, the upcoming ecb decision. We turn to our Bloomberg Team in europe, with our colleague, matt miller. Looking rather cold over there. And paul gorton, who leads the coverage overall of the western European Central banks, in a somewhat warmer situation. Matt, lets go to you. What do we need year from the ecb and mario draghi today . Matt what we want to hear, david by the way, its great to hear your voice is that there will be an extension of the Quantitative Easing Program. The consensus is six months past the march deadline and about 80 billion euros a month, a continuation essentially of the program as
Tourism groups fullyear core Earnings Growth gives the shares a boost in early trade. The gamble doesnt pay off for uk betting firms as the stocks sell off on a report that mps will demand stricter controls over certain betting machines. Good morning, everybody. Welcome. Were being told today is the most important day of all time for the ecb. Its always the most important day. Exactly. European equity markets gearing up for the most important ecb meeting with a slightly higher attitude. Up by a quarter percentage point on stoxx 600. Asia gaining overnight. A wall street rally. Europe higher for the fourth straight day in a row. Looking at the main European Equity markets with the main europe europeans trading in positive territory. Somewhere in the region of a half percent or so. The sectors, just briefly showing you whats going on. Media, autos and telecoms trading higher. Oil and gas, insurance, healthcare all a bit lower. People are talking about theres some doubts about the outputs
Book tv wants to know what youre reading this summer. Tweet us your answer or posted on our facebook page, facebook. Com book tv. thanks to everyone for being here today and on line as well. Lyrics cited to welcome you to the heritage today to discuss the interesting new book on the failures of federal intervention. She doesnt mince words that all with the federal this education of americas children it is time to end not meant federal intervention. As she explains in her book the federal government must serve out the 100 years to recognize it was the states and localities. But gradually federal restraints gave away and by 1979 we saw the first cabinet level for education established at the u. S. Department of education. Today that agency houses nearly 5,000 employees 150 Education Programs and a discretionary budget of 70 billion. That is the tip of the iceberg because we see this relationship with the state education and ended agencies as well that have to follow these mandates so the
Welcome to the subcommittee meeting, and i am joined by our our vice chair, tang. And i want to change, linda. The clerk of the committee as well as sfgtv for covering this meeting. With that madam, clerk do you have any announcements . Yes, please, silence all chem phones and Electronic Devices and speaker cards and documents to be included as part of the file should be submitted to the clerk, after will appeared on the may, 17th, board of agenda, unless otherwise stated. With that, so, for the members who are here in the audience, we are going to item number one, is sponsored by supervisor weiner, and he is stuck in a meeting right now. And so we are going to call that item as close to 11 30 as possible. So i want to give everyone a heads up if case you are waiting to speak on that item. So we will skip will u skip and will you call, two and three together . Resolution, declaring the intent of the city and county, San Francisco to reimburse. Concern expenditures from the proceeds of
Number one, is sponsored by supervisor weiner, and he is stuck in a meeting right now. And so we are going to call that item as close to 11 30 as possible. So i want to give everyone a heads up if case you are waiting to speak on that item. So we will skip will u skip and will you call, two and three together . Resolution, declaring the intent of the city and county, San Francisco to reimburse. Concern expenditures from the proceeds of the future bonded indeadedness. And authorized by the director of the Mayors Office. And item three, authorizing the issuance and delivery of the multifamily housing Revenue Bonds, no the to exceed, 16 million for the purpose of providing financing for the acquisition and rehab of the 50 unit, multi Family Residential rental Housing Project known as the park apartments. . Ethank you. Good morning, i am the Program Manager from the Mayors Office of housing and Community Development and i am to present, two resolutions for 100 percent of the affordable Hou