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Welcome to the Land Use Transportation Committee of the San Francisco board of supervisorses. Im the chair of the committee, aaron peskin, joined virtually on Microsoft Teams by vicechair supervisor safai and Committee Member preston. Our clerk is ms. Erica major. Ms. Major, do you have any announcements . Yes, due to the covid19 Health Emergency and to protect board members, City Employees and the public, the board of supervisors legislative chamber and Committee Room are closed. However, members will be participating in the meeting remotely at the same extent as if they were physically prese...

Clouds gather. And Boris Johnson heads to downing street. Must avoid a damaging no deal divorce at all costs. Check ofget a quick the markets. We saw the s p 500 topping 3000, gaining the most in more than a week. Earnings from the morning session. Ofults out of the likes cocacola, united technologies, not to mention Lockheed Martin beating expectations. We got news u. S. Negotiators were headed to china for the first facetoface negotiations since may. U. S. Futures under pressure, down 0. 1 . Taking a hit after hours after reports they would be facing more antitrust scrutiny. Lets see how we ...

Market. Feeling some tailwinds out of we did not go into this week with a worstcase scenario. The u. S. Government will remain open. We did avert a shut down. Getting initial reaction. Nasdaq futures pushing close to 1 higher. Rishaad dell futures are down. Yvonne there was no a whole lot of banks leading up to it. The market recruit reprieve may not last too long. Youre still talking about higher rates. Rishaad we had first threemonth quarterly loss for the s and p. You have a lot to be playing. We have the 10 year auction coming up in 10 days time. There is a feeling you could see yields goi...

Money going into the euro as well. Risk appetite for the eurozone up at 1. 1105. Clearly some money going into the euro. We saw that spiking higher late last night. Moving out of haven german borrowing costs rising which means the bonds are following falling because of their price. We are seeing them at five week lows in terms of borrowing costs and greece seeing almost a one percentage point move. Many have the optimism that a deal will be done. Some Corporate News this morning, we have some companies coming out in terms of statements. Ryanair up one point 6 because finally the king maker has...

Germany. Kerry revealed that issues remain unresolved. We are not going to sit at the negotiating table forever. We also recognize that we shouldnt get up and leave simply because the clock strikes midnight. Analysts suggest his comment indicates hell agree to a shortterm extension. Zarif told reporters that negotiator will stay in vienna for as long as necessary. They differ over inspections of military facilities where iran is suspected of developing nuke har weapons. Another issue is whether to lift the arms embargo. Roos president Vladimir Putin hopes to strengthen the role of brics countr...