little . italy. little. with. the. little little. little. little. little. live. play. lists lists lists. lists. playing. and very well might continue watching on since last. what politicians to do something to. put themselves on the line. to get accepted or rejected. so if you want to be president. for something i want to. have to go right across the survival for 3 more people. interested in the waters and out. there. too. much of my shame serious doubts and contacts used in the wrong way carry carry potential harms like any any psychoactive substance. but used in the right way they seem to have quite a. profound therapy to potential and quite a good safety protocol is well. welcome back to worlds apart with thorny question need to hide the school of international relations ad the georgian institute of public affairs professor session needs just before the break we started talking about the russian response to you events in georgia and i know you believe that sanctions don't work but i personally think that the kind of measures russia introduced in response to those pr

that i was going to do air mail special but it really didn't it let it be a little a little italy so and i wanted to do her scat didn't she get a. degree leading you need a little lady in england really like that i have. only she really i spent a day trying to get her revved up. to really be able to pull this off and i couldn't do it because it was just not natural for me so i delayed that wind a bit i was like well that's a good idea that's i'm going to read you would need to go get it and i had the benefit of that that that that the that's. in the 2nd round for the 1940 s. she started working with norman ground's already your legendary music manager and the founder of the concert series called john is it to feel harmonic. well i've just said i need someone to speak for me and i'll do the sign and norm on the. curb management contract and 54. recording contract at the end of 55 and started for records on my part of it is a had a very terms of her tolerance work ethic the integrity of her work the genius of her. entire approach to signing jack. to do it. was. only. eat. a little becam

little town who liked to draw. she drew the butterflies that floated, quiet like her, around italy, texas. spelled just like the country. but they pronounce it "it-ly." >> she drew a butterfly in her art class when she was in elementary school. and all the little girls are like, "oh, that's so good. draw me one. draw me one." >> reporter: her name was samantha michelle nance, but everybody called her shelley. and her mother, cynthia, loves to tell this story about her. >> everybody was just so impressed with her butterfly that she said, "well, i think i'm gonna be an artist 'cause i think i can do this." you know? so she just started honing her -- her artistic talent from that point. she would draw everything, anything, everything. she just loved to draw. and she'd draw and draw and draw. >> reporter: shelley was different than the other girls at school. and at home, said her dad, sam. >> the other two girls we couldn't keep in the house. she didn't want to go out of the house. she was perfectly happy to be at home on the weekends, staying a long time by herself. >> reporter: which, as you

officials say many are being blocked out of ports by italy and multi-, dragged back unwillingly to libya and used as pawns and littleoffs. italy's interior minister skipped the meeting one day after tweeting his disagreement with letting france and germany determined the block's refugee policy while nations like italy are on the front line. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. david: thanks so much, mark. president trump is tweeting again today about how important it is for the fed to cut rates. we speak to president obama's chief economist jason furman. that is next. this is bloomberg. ♪ david: you are watching "balance of power." i'm david westin. president trump tweeted again this morning that "our country payhe lucy being forced to much higher interest rates only because of a very misguided federal reserve." someone who is responsible for advising president obama on the economy. jason furman what was chair of economic advisers. he is now at the harvard kennedy school. he comes to

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it >> i went through a lot of struggles in my life, and i am blessed to be part of this. i am familiar with what people are going through to relate and empathy and compassion to their struggle so they can see i came out of the struggle, it gives them hope to come up and do something positive. ♪ ♪ i am a community ambassador. we work a lot with homeless, visitors, a lot of people in the ar

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like.[gavel] >> chair fewer: the meeting will come to order. this is the july 10, 2019 meeting of the budget and finance

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like.today. >> (clapping.) >> i've been working in restaurants forever as a blood alcohol small business you have a lot of requests for donations if someone calls you and say we want to documents for our school or nonprofit i've been in a position with my previous employment i had to say no all the time. >> my name is art the owner and chief at straw combinations of

from john waters to david simon, tom clancy and barry levinson and the unique neighborhoods from little italy to pig town. baltimore is well known. the taste of baltimore. how many of you know that the only place you can get a really legitimate crab cake is in baltimore city. we all know that. and the aubay seasoning. the port of baltimore, the economic heart of our state, domino sugar. under armour investing hundreds of dollars in the city because they know the future. the ngo's, able foundation, center for urban families, catholic relief services, luther immigration and refugee services. i do this in hopes that the president might be listening so he can learn a little bit about why we're so proud of baltimore city and what we do ask is very simple to the president. come and learn about our urban centers and how you can help us in meeting the problems that we have in baltimore and many urban centers -- cities around the nation. we need a federal partner that will help us with our economic growth and help us meet the challenges of the future. it's exciting to live in baltimore and it's exciti

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >> pilaties. it's a creation, an old regimen of exercise. really based on core engagement and core structure and core development. we do a lot of exercise in developing that and think about lengthening of the spine and our muscles. if you're a runner, if you're into kayaking, martial arts, cycling pilates are for you. >> programs are variety year around at vari

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >> we are so excited -- i am cheryl lynn adams, director of market street youth services, and we work with young people to 24 who need laundry or place to hangout or come in from outside to get the tools they need to begin to resolve their homelessness. we have lots of programs and lots of educational and behavioral health supports that are here throughout the city. we are e

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >>> i'm nicole and lindsey, i like the fresh air. when we sign up, it's always so gratifying. we want to be here. so i'm very excite ied to be here today. >> your volunteerism is appreciated most definitely. >> last year we were able to do 6,000 hours volunteering. without that we can't survive. volunteering is really important because we can't do this. it's im

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >> clerk: please silence your mobile devices that may sound off during these proceedings, and state your name for the record. i'd like to take roll at this time. [roll call] >> clerk: we do expect commissioners melgar and johnson to be absent today and for commissioner moore to arrive later today. first up are

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >> supervisor walton: albert incident a -- quintanilla is our clerk. mr. clerk, would you please call the roll? >> clerk: yes. [roll call] >> clerk: we have quorum. >> supervisor walton: thank you so much, and i will be filling in for our chair until he arrives in a few minutes. so with that said, are there any questions or comments from colleagues for the minu

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >> working with kids, they keep you young. they keep you on your tones -- on your toes. >> teaching them, at the same time, us learning from them, everything is fulfilling. >> ready? go. [♪] >> we really wanted to find a way to support women entrepreneurs in particular in san francisco. it was very important for the mayor, as well as the safety support the drea

it is a little bit of italy that is happening around you can walk around and enjoy shopping with gelato in your hand. this is the move we are happy to provide to the people. i always love union street because it's not like another commercial street where you have big chains. here you have the neighbors. there is a lot of stories and the neighborhoods are essential. people have -- they enjoy having their daily or weekly gelato. i love this street itself. >> we created a move of an area where we will be visiting. we want to make sure that the area has the gelato that you like. what we give back as a shop owner is creating an ambient lifestyle. if you do it in your area and if you like it, then you can do it on the streets you like. >> you're watching quick bite, the show that has san francisco. ♪ ♪ ♪ >> we're here at one of the many food centric districts of san francisco, the 18th street corridor which locals have affectionately dubbed the castro. a cross between castro and gastronomic. the bakery, pizza, and dolores park cafe, there is no end in sight for the mouth watering food options

policy and how that can support or go hand in hand with monetary policy >> they've shown a little leeway with italyn the last couple weeks. thank you very much for taking the time to chat with us >>> steven mnuchin says libra needs to regulate to operate more on facebook's cryptocurrency concerns after this break new align whole food probiotic. a blend of quality probiotics and fermented whole food botanicals, expertly curated to naturally support your gut health every day. go with align whole food blend. from the pros in digestive health. >>> welcome to "street signs." i'm joumanna bercetche and these are your headlines bayer stock jumps as investors welcome a decision by a u.s. judge to cut damages in a round-up case by more than a third. >>> burberry shares hit their highest level in 11 months after sales of the luxury retailer rise in the first quarte thanks to new products and strong demand from mainland china. >>> ursula van der leyen heads a parliament meeting in her final bid for support ahead of a crucial vote later today >> we want multilateralism, we want fair trade, we defend the rules-

is it about italy and how much of it is about a hunt for yield when you have the 10 year bund yield trading at -36? james: i think there has been a littlef good news around italy. the excessive deficit procedure does not look like it will happen. we always thought that if italy was going to have any fireworks on the political front, it would probably be in the autumn. what the italian bond market is telling you is we are reaching a pretty interesting new for yield. when i talked to investors three to four months ago, people needed yield, but italy was a no go, and now, the bond market with the best character volatility ratio, and it is hard to avoid when you cannot find yield elsewhere. going into italy, it's a very interesting signal. nejra: when i have spoken to people before, they showed a preference, some of them, for the front end of italy. a little bit less risky. with the two-year, once that was below zero, is that still attractive even with this stretch for yields? james: it's a little bit difficult. we have been long to five years since the start of june, and that still looks ok. i imagine we will get pushed further out the cur

italy with a little bit of turmoil. the euro as well little lower on that turmoil. the italian 10-year yield at 1.26%. we are seeing buying. let's get insight on what is driving markets. joining me is bloomberg macro recorder cameron crise. did the federal reserve conversation change 180 degrees again in the last 24 hours? cameron: we thought so, and then not. it was kind of farcical. yesterday, john williams was talking about the advisability of going early and hard in terms when facedg campaign with a downturn when policy rates are relatively low, which the market naturally assumes is a hint of the thinking of the central part of the fomc. we had the stock market rally and bond markets rally. the markets started to price a substantial chance of cuts in july. the spokesperson for the new york fed came out and said it was just an academic exercise. frankly a little preposterous. vonnie: is there a federal reserve communication policy right now? it is that someone from the new york fed would come out to clarify a member's statement. is the short answer. at turning po

italy has the potential for elections, snap elections, coming up. we think it is probably a net positive. obviously we are coming up to btp supply at month end, so there's a littlesupply in italy, and you don't have that in places like portugal or spain coming up. vonnie: the trade war, i presume you've got some wagers or positions on what happens there. there. what are you forecasting will happen? how are you playing it currencies wise? said: in the currency world, the dollar is being weakened by eminent fed cuts, and the euro is also under pressure because , and sterlingess has also been a bit under pressure due to uncertainty of brexit and the slowing down of u.k. growth. but outside of that, obviously you see big differentiations between currencies. you see australia, new zealand, currencies like korea and the chinese women be -- and the generallynminbis performing, and then you see commodities doing better. but then you see currencies that aren't directly in the line of thai.ike idr, they are sorted outside the direct line of fire in the trade war. they have been doing better and actually going up against the dollar. vonnie: so is that trade played out now,

italy. european high yield, we are kind of eyeing that. i think we have to do a littleore work, but there is such a dearth of debt. very much like the european banks, i think people undervalued them. i think we will see a little bit of a seachange in what is going on in europe. lagarde is there to bring in fiscal stimulus. i think she is a force is there to force fiscal stimulus, turn the european economies around, and we will have a different growth story, and she may do qe on top of it. everyone has been so negative european growth. there is a lot of undervalued securities at the banks and italy. jonathan: what worries me about the fiscal stimulus argument, the people calling for it may be the same that are uncomfortable with it if it comes. if you get a repricing in the german bund market, everything will reprice the wrong way, isn't it? noelle: the thing about fiscal stimulus, it has not been done in the near future. what has been done has not been working at least in the context of the external economy. that is why it will be a breath of fresh air. we do like europ

really live inside the world the women's football the surprises you would think are spain italy england has a little bit more visibility because you know they've really the man sitting in the diner just pump the money into football which is really good now. we've seen you know the the sold out stadiums in spain and italy so these are countries that for me i've played in both of them in italy and spain and when i was there to now it's grown so much investment awareness of the game in italy they only have right now around $24000.00 girls that are signed up to play football whereas the netherlands has like 3 times or 4 times that amount hopefully this world cup serves to get move girls in rolling and registering in football and changing the perspective of italian because a lot of the times really got behind this team or like ok our girls can play the i've been saying that and they've been saying that for years but now the bush seeing it and the investment is helped so countries like italy spain england they're on the right track definitely let's ask our english mandaluyong where he thinks the meters wo

little bit at the periphery. for right now, staying away from italy.onathan: look at the nominal yield that you pick up in italy. 50 basis points. fewer than 50 basis points on investment grade in europe. is that sustainable? yethon: the fed has not cut . still 300 basis points. to the u.s. investor, it looks good. the economy is weaker, but remember, what causes problems is not just economic weakness, but leverage. on average, european companies have less leverage on the balance sheets and then u.s. companies. i would agree with some of that, but base rates are so low. 50 basis points, base rates are so low -- i would rather invest in the u.s.. jonathan: what about the periphery? weektalian 10 year is after week, the yield keep coming lower. the back end of this week, the politics just came back on the table. are we willing to put aside the italian political situation and keep buying one of the only places left to get positive "real yield in europe? the debt burden is still huge, growth is too low to support that type of burden. however, to the point

italy is doing a little better. a big move in the btp market beating through into the bank stocks. .8%. defensive's are doing well today. faang stocks doing ok. agents bc -- a bank stocks doing ok. hsbc doing well. more defensive names are doing better. the dax being hit by the auto sector. the cac 40 up .2%. let's break it down by the point of view of the sectors. this tells the story we are seeing at the moment. oil is coming off. yields are dropping, prices are going higher. if you take a look at the top end of the european equity market, it is the low beta bond like names that are doing well. the classic rotation we are seeing. utilities are amazingly expensive. food and beverage, household goods. the same stock areas are outperforming in the european space. where we are seeing weakness, some of the oil stocks and the crude price comes down sharply. pi and brent both trading down 3%. the bottom end of the market is where we are seeing weakness. it is oil translating into the stock market story and is therefore translating into the breakevens which is translating into the bond m

little base. in 2017 it's on sunday i was made a knight of italy's order of merit. he was awarded the on a by a talian president sergio matter a lot for his commitment to human rights and his efforts to expose mafia like structures in farming. that was a grandiose moment in my life. a unique moment because i received this honor from a country that was not my own i'm not a talian i'm cameroonian for the moment. and receiving this prize from a country that is not my own makes me very happy. though. in 2017 yvonne also became a father it was a good idea but it was overshadowed by death threats his enemies knew that if on was determined to take them to court to the highest court in the country if need be . the fia weighs heavily on his wife or on. or are. you not usual that all. these threats are unfortunately a sign of how well he is doing his work. how much he is disturbing the interests of the big players. and that's very disturbing to us as a family. but the one of the day on it will go up especially when he goes back to the places where these threats are coming fro

on the sidelines when averages are screaming higher the best example here, i came back from italy with a little cough. give me a break. how sweet it is. the best example is apple. at the beginning of the year, this stock got clobbered plunging to 142 after a negative preannouncement. you can barely see it now but remember how bad it was? apple looked like road kill frankly. yet, now the stock is rallied to over 200 it could challenge this year's highs. getting pretty close, isn't it what's happened during this period well, we've got a perception that apple's chinese sales have plummeted. we got a sense of the company in the cross hairs of the united states and people's republic because they do business to both countries but they have plan to grow the service business and allowed the stock to triumph even though there are worries galore hey, you know what you see this all over the place. everybody in the media and government hates facebook but users love them or more accurately can't quit instagram so the numbers keep going up the news flow on boeing, there is a good one. ist beit's been horribl

alberto was on earlier and he sees opportunity in italy, places where the spreads are little bit wider. the opportunity has been taken into context, a short-term trading opportunity. when i see yields and italy , spain trading at 40 basis points, the valley is not, should the economic environment allow the rates to be there? but anticipation of short-term stimulus of a bond buying program which will drive the rates lower overall. in the short term i would agree there is an opportunity for the telly yields to go lower despite the fact that you have a lot of , andtary problems in italy the economy itself is mired in a recessionary type scenario. longer-term, you don't want to be investing in italy at these types of yields. vonnie: what are you doing with u.s. corporate debt? steven: spreads are very tight right now. a lot of people point to the total volume of debt as being a level of concern. when you look at the balance sheet of the companies, the earnings to debt ratios, we are in pretty good state. that doesn't mean there will not be specific excesses. we are building up the debt lev

everything. ( ticking ) >> the restaurant ranked number one in the world is in the little-known town of modena, italy, osteria francescana, where you have to wait months to get a reservation. >> caesar salad in bloom. >> chef massimo bottura says it wasn't always like this. those are flowers? >> all flowers, edible flowers. >> that his avant-garde eatery might never have become number one, if not for a simple and spectacular dish of old- fashioned tagliatelle. so, that turned everything around? >> totally. >> you are known as the maestro. >> yeah, now. before, they want to crucify me in the main piazza. ( ticking ) >> i'm steve kroft. >> i'm lesley stahl. >> i'm scott pelley. >> i'm anderson cooper. >> i'm norah o'donnell. >> i'm jon wertheim. >> i'm bill whitaker. those stories, tonight, on "60 minutes." ( ticking ) ♪ dad: oh, hey guys! mom (on speakerphone): hi! son (on speakerphone): dad, i scored two goals today! dad: oh, that's great! vo: getting to a comfortable retirement doesn't have to be an uncomfortable thought. sat lincolnfinancial.com imagine if we we would be such good friends. best fri