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Welcome to best of Bloomberg Markets middle east. The major stories driving headlines, the corruption crackdown continued to reverberate, saudis superrich stashed their cash, just in case, even if they had not been implicated in wrongdoing. Robert bugabe calls time on his 37 year rule. And Global Equities hit record highs yet again. But does the sale of the da vinci for forgery 50 million paint a picture of the market over exuberance . We hear from one Senior Analyst who thinks alarm bells should be ringing. The oil market year it for the much anticipated opec meeting, which takes place novemb...

Over exuberance . We hear from one Senior Analyst who thinks alarm bells should be ringing. The oil market year it for the much anticipated opec meeting, which takes place november 30. Saudi arabias Energy Minister has told bloomberg the cartel and its allies should announce an extension of their output curves when they gather. Russia has not sounded quite as convinced. We have more with our guests and our reporter. I have a chart that i think encapsulates what we have seen in the oil market. This is hedge fund short positions and brent. The red line is the short position just beginning to pic...

Its currently amended by the planning domestic called the hub project to better reflect the needs of one of the most dense and transitrich areas in the city. The hub project provides us an opportunity to better ensure that the areas growth supports the citys goal for housing, transportation, the public realm and the arts. Recent ri there was a, ceqa appeal of a highrise in the district. And a current iteration of the plan, developers can seek additional parking with additional use permit and through one oak was granted a c. U. For their parking. It brought to light an important part about park...

Housing. We still have a lot more work to do, but relative to many parts of california and probably most cities in california, weve done exceedingly well, but we still have a significant amount of work to do. In the area of households between 55 and 150 to 175 a. M. I. , or socalled work force, middle class housing, weve done extremely, extremely poor. And one reasons why is that we, our market in San Francisco, has always taken care of that Housing Stock in the housing sector on its own, the richmond, sunset, always been areas and many more of San Francisco that took care of working and middl...

4to1 raich yo. And creates this uncertainty that is going to lead to, you know, each of these projects being debated again at the planning commission, which doesnt seem very helpful to us. I would urge you to just eliminate the exemption for Affordable Housing and clear up this process for all of us and save us all a lot of time. Thank you for your leadership on this, supervisor breed. I really appreciate your comments. Thank you. Next speaker, please. Good afternoon. Supervisors andy thornly, speaking for myself. Thank you, president breed, for bringing this. Thank you, supervisor peskin and ...