the first takeaway is that iag has performed well in absolute terms and relative to some of its peers routes that you have mentioned and it benefits disproportionately from that activity, as well. in the post—pandemic world you have seen a degree of abundance in travel simply because we had cash and the inclination having been restricted somewhat, but it is only reasonable to expect higher interest rates to curb the consumer demands in a way and the delay in those interest rates taking effect means that is to's but not for iag. they have performed pretty well relative to a lot their peers. travel demand remains high but seeing high levels of air traffic flow restrictions recently. yes, i think a lot of what iag has been able to do is try to navigate away from some of the industry problems. they have a range of different fleet. ryanair had some problems on that issue. they have flexibility in terms of the network, so that has been a meaningful advantage. they have also had a degree of capital discipline, so debt has fallen as a result of that they find themselves in quite a strong posi

iag as the demand for. . ._ banks moved was cutting rates. iag as the demand for..._ as the demand for... apple has been forced to apologise after _ as the demand for... apple has been forced to apologise after its - as the demand for. .. apple has been forced to apologise after its new- forced to apologise after its new ipad commercial sparked an outcry around the world. the ad showing books, musical instruments and art materials being crushed by a giant hydraulic press was supposed to issue how creativity has been compressed into the latest ipad. but is it has been seized upon by critics, who says it sums up the cycling of duty by big tech, and even the threat from artists by artificial intelligence. so how did you get it so wrong? mark, for all the outcry we have seen online, as it speak to a sense of tone deafness by apple here? i it speak to a sense of tone deafness by apple here?— by apple here? i think it is corporate _ by apple here? i think it is corporate hubris. - by apple here? i think it is corporate hubris. for- by apple here? i think it is corporate hu

a quiet day for earnings iag is boosting that index the dax is up almost .75%.ake a look at the ftse mib. up .75%. also taking a look at the ibex up over .50% bbva moves higher as the takeover saga continues moving the spanish index up .50%. take a look at the sectors we mentioned iag travel and leisure getting a boost. you see we are seeing utilities as the leader up over 1.5% right now. oil and gas is getting a boost oil prices are higher on middle east tensions as well as stronger than expected chinese data you see over here with autos which are down .25%. it is still a laggard today. it is weighed down by mercedes-benz. we see mercedes-benz shares continue to fall the ceo saying the fully electric transition will take longer than expected the previous target was 2030 autos is the laggard this morning. we moving on to u.s. futures is a mostly positive day in the united states. the dow would open up 100 points higher let's stick with the u.s the weekly jobless claims with 2 231,000 americans filing for unemployment benefits. continuing claims increased by 1.78

what should investors make from the announcement from iag this morning?> reporter: good morning, silvia. look, when you compare to some of the other airlines that we've been speaking to, we have been speaking to wiz az air the othe day. one note for sure is there is a stark difference with the performance of the flag carrier, iag with british airways and iberian fading within that portfolio amongst others. what is interesting is the transformation program seems to be putting out sufficient growth for the company to maintain the strong economic picture for now at least. one thing is they expect demand to improve. let's remember that figure of 1.24 billion actually is a slight drawdown from the 1.25 billion that we have previously seen. the interesting part to that is it still beat out estimates from the market. you saw even the margin, the operating margin of one-time expenses drop from 16.3%. that is within the medium term of the objectives of the company with 12% and 15%. that gives you the sense that the transformation process of 7,000 employees in the

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. >>> iag full-year revenue adjusted at 25.9 billion euro.he company said capacity grew 29% of the year. shares of the company are up by more than 1% this morning. let's stay in the sector with air france klm with full-year revenue records, but reported a loss in the final three months of the year amid surging costs and supply chain disruption. let's get to rachel garash with more. ra rachel, if you look at the stocks and the performance, what do you make of the overall sector? >> thank you for having me today. we think the results were robust overall in 2023. i think about where the airlines were a couple of years ago and had been through a really difficult time. results were in line with the expectations. we have a triple minus investment grade. klm is one notch lower at ee plus outlook. as you said, record revenues. i think that is a result of volumes as we expected to recover from the pandemic. i think now we're looking at volumes around pre-pandemic levels. people are flying again. leisure travel is leading the way and then business trav

iag is moving that sector higher. iag shares moving higher a day ahead of earnings.etting a boost ahead of the big apple event later today. ubisoft is moving higher on the analyst upgrade. overall, a positive day. i want to highlight the retail sector. we get eurozone retail sectors coming up at 11:00 cet. >>> bp posted a bottom line miss with the first quarter with the earnings of $2.7 billion. that was down 40% on the year. the oil jogiant said it was dueo the outage of the key u.s. ref refinery. shares are down right now. >>> dhl with a 20% drop in earnings with the first quarter of 1.3 billion euro. the group confirmed its full-year forecast. the ceo told cnbc the company is grappling with struggling demand. >> we continue to see a bit of the economic cycle unfolding. we have an unusually long trough in global trade volumes. this has been going on for a while. sluggish global trade. the geographical pattern is shifting in asia with the ocean freight. european trade is weak and that is obviously a very important market for us. that is across most of europe with a

at the top of the hour, we get iag earnings across -- iag earnings. geopolitics could be a risk here. on the plus size -- side, the balance sheet on the mend. you might see a resumption of the dividend. the other thing to watch today is the university of michigan survey at 3:00 london time. likely to show consumer sentiment deteriorating in early may as americans worried about their financial situation in that cooling labor market that we've been discussing. seen in the jobless claims data. you can get those stories and all that you need to know to get your day going in today's edition of the daybreak newsletter. today, biden posed to impose tariffs on china ev's. we also have banks pressing richie sunak to ease up on china curbs. ubs potentially rewarding the rainmakers for wealth assets. find that by going to dy a bigo on your terminal. coming up, it the israeli prime minister strikes a defiant tone against president biden and his first public comments since the u.s. confirmed it was withholding bombs from its ally. more on the situation in the midd

it's popular, isn't it, because the iag group, which owns aer lingus, british airways and iberia, boughtuff in spain recently? but it is expensive, isn't it? it is expensive. the price will come down over time, but it is significantly more expensive than regular fuel, and it is the closest thing at the moment that the airline industry has to a silver bullet for reducing its emissions. but it's a huge challenge to expect that we will have enough in time. this year for sustainable aviation fuel accounted for about 0.5% of all of the aviation fuel. it's tiny. and the goal, for example, in the eu is to reach 70% by 2050. so there's a huge scale up needed. so in the aviation industry, briefly, what else are the silver bullets that can reach net—zero, virgin pledging to reach net zero by 2050. the sustainable aviation fuel is the closest thing we have. the big challenge for the industry is its continuing to grow all the time, so it's chasing a moving target to a large extent. we can expect electric aircraft, hydrogen, more efficient operations and so on. but the saf is going to be the the bigg

it's very similar to what iag, the company which owns iberia of spain and british airways, did.pay growth, according to a think tank which focuses on low and middle income earners. the resolution foundation said that after taking account of rising prices, the average wage will not regain its 2008 level until 2026. that is it from me, sports today is next. this s1 was found with oil and its feathers in central london. now it is being cleaned at the swan sanctuary in surrey. how serious is it for the birds, this oil? tt is it for the birds, this oil? it is very serious. _ it for the birds, this oil? it is very serious, can _ it for the birds, this oil? it is very serious, can cause - it forthe birds, this oil? tt 3 very serious, can cause lots of problems, but it is not something they can get rid of on their own, they can get rid of on their own, they need help. but they can get rid of on their own, they need help-— they need help. but they will go back eventually? _ they need help. but they will go back eventually? they - they need help. but they will go back eventually? they wil

but if you are out of number 10 for long periods of time, exhausted through these kind ofjet iaggingbeen a factor in why some of the domestic agenda has been _ in why some of the domestic agenda has been wobbling, not the main one but a _ has been wobbling, not the main one but a factor. i has been wobbling, not the main one but a factor-— but a factor. i 'ust want to get a sense of what— but a factor. i just want to get a sense of what is _ but a factor. i just want to get a sense of what is happening - but a factor. i just want to get a i sense of what is happening inside the labour party. earlier i spoke to emily thornberry. she was the party's shadow foreign secretary underjeremy corbyn and is now set to chair parliament's prestigious foreign affairs select committee. i started by asking her to lay out keir starmer�*s foreign policy vision. i think the first thing is, is that we are optimistic because we've just won an election and we're a progressive government and we're going to be in for at least five years, hopefully ten. and if you compare us to the rest of the g7, the fact

around thation emergency management cannot be something gets caught up in today's part in politics and iag m biparts problem and to makee that we sure the communities of the resources they need to respond and recover from natural disasters. as your today hurricane season official start date is encouragl floridians to prepare this means taking advantage of these disasters preparedness holiday stocking up in items that you need during t the holiday sd tomorrow and end on friday june 14th use this opportunity to go out ando buy your flashlights and lanterns men reason tarps no other approved items needed this now having to pay any taxes the state of florida is been aea great job ketor along with the governor into ensure that these tax holidays can help people all across the state save money and hurricane supplies.x% one thing that i learned during the pandemic emergency management director of florida, is how important it is to have your resources on hand as of now is the time to prepare. use this time and you have seen the forecast. and you know do not wait until a last-minute rated this true

at the same time, the report states that representatives of the iag were not given full access to all necessary places at the station. maria prus asked western experts about the probable causes of the fire and its consequences for the safety of the armed forces. the fire at one of the nuclear facilities on august 11 did not affect the... radiation situation in ukraine, according to the report of the international atomic energy agency energy industry however, although the ignition in the cooling tower occurred at a sufficiently large distance from the reactors and the fire did not spread further, the fire in general is one of the most dangerous events that can happen at a nuclear power plant, experts say. a fire can disable electrical equipment, the safety of a nuclear power plant still fundamentally depends on the availability of electricity. to power the cooling pumps that continuously circulate water through the radioactive areas and spent fuel pools, and anything else that might damage the electrical system and distribution of electricity, the operation of these systems can undermi

no, no, nuclear scientists do not believe, but the iag is a political platform, more than a technical one, mr. grossi, he does not exist, has nothing to do with nuclear engineering, he is a diplomat for the world, and there are gathering such diplomatic environments, which are managed, but this threat is directed, of course, i see. in the japanese newspapers and this information about the attacks on the zaporizhia station, and of course the reaction in europe is even sharper, so this is part of this plan, it is to scare europe that the war brings risks for the overprotective european citizen by the fact that there may be such risks at the zaporizhia station, yes mr. marko, but please tell me, it is one thing diplomats who play their political games on propaganda, what you as a scientist and your...colleagues are talking about, well, let's say this, some attempts to hit or blow up the zaporizhzhya nuclear power plant, some kind of power unit there or something else, because there are many objects at the power plant, this is still not a chernobyl explosion, there are some there must be

draw final conclusions about the cause of the fire based on the data and observations they have at the iags on nuclear infrastructure are extremely dangerous and exacerbate the situation. about this on his page in the network of microbes. this is the former twitter, austrian chancellor karl neehamer wrote, according to him, a dangerous incident at the zaporizhzhia nuclear power plant power plant, emphasizes the important role of magathe and the need to continue the dialogue started at the peace summit in bürgenstock, switzerland. at the same time, the head of the austrian government did not blame anyone for what happened. donald trump is a danger and a real threat to american security. the president of the united states of america, joe biden, said this on cbs. according to the current owner of the white house, if trump wins the election, it will be necessary to closely monitor the fact that he going to do according to joe biden, donald trump and his extreme right-wing republicans in the united states have no respect for the political institutions of american democracy. and then a quote fro

latest there as we continue to monitor those images. latest there as we continue to monitl moments iagesinue to monitl moments ago, that was a view moments ago, that was huw edwards a view moments ago, that was huw kotecha live on the ground sima kotecha live on the ground saying he was arriving for his sentencing hearing, due to begin at10am. in sentencing hearing, due to begin at 10am. in a5 minutes�* time. we will bring you, as and when we get that sentencing decision, live to you and you can see lots of media interest and our correspondence sima kotecha is monitoring that for us and we�*ll bring us up up as and when we get any more details. now let�*s go back to our other big story here today. what happened in the united states dominating coverage of course in the us, the second apparent assassination attempt on president trump. 0f apparent assassination attempt on president trump. of course it is something that we have lots more live on our website that we are going to speak now to... dr lindsay newman, is a geopolitical risk expert and columnist for the news website, gzero media. a

speaking to the ceo of iag, big day so that is coming up indeed.ning trade setting you up for the trading day. european futures pointing to gains, making up for losses. stay with us, this is bloomberg. ♪ ♪♪ ♪♪ relax into a caribbean state of mind. visit sandals.com or call 1-800-sandals. with so much entertainment out there wouldn't it be great... visit sandals.com ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. anna: good morning from london. i am anner edwards. asian equities are higher, futures pointing to gains. treasury rally ignites debate, mary daly says the jobs market is slowing and the u.s.

we have the telast coming up when "wex" returns stay with us iage. kids. colleg kids moving back in after college. (applause) finally, we can eat. ♪ you know you make me wanna... ♪ and then we looked around and said, "wait a minute, this isn't even our stroller!" (laughter) you live with your parents, but you own a house in the metaverse? mm-hmm. cool! i don't get it. here's to getting financially ready for anything. and here's to being single and ready to mingle. who's ready to cha-cha? ( ♪♪ ) ♪ ♪ who's ready to cha-cha? ♪ ♪ ♪ ♪ >>> welcome back to "worldwide exchange." we watch the price of oil with wti up .50%. brent crude below .50% the u.s. conducting strikes against houthi rebels in yemen overnight. the u.s. central command said the strikes targeted 14 missile strikes. also this morning, pakistan has conducted a strike inside iran two days after the revolutionary guard conducted attacks in afghanistan. these latest u.s. air strikes follow the houthi threat in the red sea. this morning, 33 ships have been attacked since the start of the israel-hamas w

you also have iag hitting highs after jp morgan put it stocked on its positive catalyst watch list.shares are up on a pretty quiet day overall for the equity markets. coming up on bloomberg technology, jim webb -- tim wentworth, the walgreens alliance. that does it for bloomberg markets. i am katie greifeld. this is bloomberg. ♪ were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? we just got back from her sister's in napa. who gets married in napa? my daughter. who gets married someplace more expensive? my other daughter. cancun! jamaica!! why can't they use my backyard!! with empower, we get all of our financial questions answered. so we don't have to worry. can we get out of here? i thought you'd never ask. join 18 million americans and take control of your financial future with a real time dashboard and real life conversations. empower. what's next. >> from the heart over innovation, money, and power collide in silicon valley and beyond, this is "bloomberg technology" with caroline hyde and ed ludlow. ♪ ed: i am ed ludlow in s

plus, regaining altitude— british airways's owner, iag, sees a surge in bookings as it pulls out of the

british airways owner iag is in talks with starlink.ier to consider using the online service. according to the head of innovation, the company has not made a final decision and is weighing options including amazon. semiconductors have been the gift that keeps given for equity traders -- giving for equity traders, quite literally. asml is sharing lego replicas. it's only available to asml employees. they are calling the company to make them more widely available. rochus will set employees back $216 each. that is your brief. scarlet: we are both gawking at that lego set. katie: if it's only available to employees, i thought they would get it for free. maybe i am being greedy. scarlet: it does cost money to make that. coming up next, pricing in a less dovish fed. >> the way the economy is going, you should see a moderation in growth and a moderation and employment and in inflation. the market is very efficiently priced in for a benign policy pack. scarlet: what it means for the bond market. that is next. you are watching "bloomberg surveil

>>iag's wake-up investment. in effect, christine, go to i was planning my yeah. the district says the new program comes with additional art aids and is being paid for through a mix of district level funding. and prop 28 superintendent cj cammack is new to the district and says when it comes to budgets, this year's is all well. but the 2025 to 2026 school year, not so much. >>we project that will need to reduce about 16 and a half million dollars of expenditures. and so we'll go through a process this fall where we collaborate with our students, our staff, our community, our families, and gather input about how we might reach that goal because any reduction of that magnitude is going to have a negative impact. >>the district says it's currently putting together a budget committee and hopes to have more information soon. but despite the future, parents say they're excited for this school year telling me it's all about this for paying for growth more learning opportunities as we get more information regarding those budget cuts from the district will continue to keep

t�*iag�*iaz you both very much, very interesting stuff and not long to go. first children's novel, millions, 20 years ago, and says he wants to use his two—year term to fight inequality through reading. jayne mccubbin has been to meet him. can you introduce yourself with your new title? i am frank cottrell—boyce, the 13th waterstones children's laureate. how does that feel? it feels amazing. yeah, amazing. it's an amazing lineage to step into. frank is a multi—award winning authorfrom liverpool. but if you don't have children to read to... ..well, this may be the cottrell—boyce work you're most familiar with. good evening, mr bond. good evening, your majesty. the queen acted twice in her life. twice. and both times i was in the writing team. how the hell did that happen? that's so weird. how did it happen?! so weird. i always keep one for emergencies. so do i. and as joyful as that is... i keep mine in here. ..it�*s being with kids that is your number one? 100%, 100%. scripting a moment for the world's most famous monarch to seemingly skydive into the 2012 o

argument saying i don't agree withdo biden or harris on this issue but i agree with them more than iag agree with trump. things can get worse under trump, and we will not have certain fights to fight if you decide to sit this one out. what's the best argument for either progressives or people who are still considering sitting this election out? >> i think there are two very strong arguments. one, i think, on the issues that people are concerned about, expressing concern about. i think what people need to remember when you elect a president, you never know what that person is going to be faced with. you have to deal with how you've seen them sort of confront issues, what their temperament is and how they listen to people. i think we've already seen with kamala harris that she has listened to the progressive movement, the uncommitted voters, the people who are saying i don't like our policy in gaza. i think that that impulse, that instinct to listen, that instinct to say i can learn something new and change my mind, that's what we have to vote on. right? we never know what the situation

and go only face real police on the streets in front of institution has my respect even if iag do disagreethere was a place aspect that recess like atmosphere columbia the building was taken over. you know you've also eclipse or students saying they needed what was that, facing humanitarian aid because they were not getting their meals that they paid for rated the cafeteria and he really. and if you think that's the crime that you think that it is, get out of your backyard's mentally don't that is all the different i don't mean is different in vietnam or when i was in college south africa is the issue in people and camped they demanded divestment some of the got arrested and some of them got sanctioned academic sanctions this basically when they did there's actually an important part of the world wide effort to bring pressure to bear upon south africa. in the way of governors to change and ultimately, is survived in one itself i think these are one think that it's a legitimate form and inform apprentice i agree with the president leslie who wrote an op-ed in the new york times is that this

. >>> and spacex is looking to outfit iag with wifi.ve not made a final decision and looking at other providers including amazon. amazon plans to launch its first operational satellites for wifi early next year. >>> coming up, the one word every investor has to hear today and the stock pick every investor has to hear. >>> and why apple is betting big on your home. >>> as we head to break, a look at the highlights from cnbc over the past year. stay with us. >> this is a place where news is broken. it is full of actionable and accessible ideas. >> we are live from paris, france. >> you pulled off the biggest ipo in history. >> you thought this was andrew? it is me, david. >> this is where the rubber meets the road. >> cnbc has never been so busy. ♪ >> i go back to china. what are you doing now? just alibaba? >> everything. everything. >> it looks fake to me. >> what is your workout regimen? >> it is all about moving, moving, moving. >> i will push this button. we have takeoff. >> we are live from the new york stock exchange. >> the best d

. >>> and the iag earnings rising 15% with the company saying it expect to maintain its strong financialerformance. the british airways owner announced a share buyback program. >>> richemont trading lower after the post sales of 10.1 billion euro in the first half. that is just a fraction shy of expectations. chinese sales at the swiss luxury giant fell 27% on the year with the ceo saying that confidence in the country is low at the moment. let's go live now to charlotte reed in london. charlotte, what are the earnings telling us? >> we heard from richemont and other players. they are hitting the numbers. down 1%. it was below expectations. we saw growth actually in the previous quarter there looking at the regions and breaking it down. clear where it came from. asia pacific down 18%. the ceo saying the ckconfidencen china is low and is unsure if it reached bottom. the china slowdown is a if phenif phen phenomenon. these numbers are impacting the result. richemont, despite other regions, in america, up 12%. they expect an uptick now the uncertainty of the election is out of the way. euro

. >> iaged completely separate and dissociate myself from robertken kennedy junior.y: tonight our own tamm.yis bruce is here with her open letter to rfk junior sister that has everyone talking. that is coming up.lkin first rfk junior and what led him to drojup out.fox here is fox news correspondent madeleine rivera.nn >> robert f kennedy junior's decision to suspend his campaign and back formeedspenr presidentp was slammed by claiming members as a betrayal. he said he was not driven by animosity. >> i don't act out of anger or revenge or resentment.it it's about motivation and swallowing poison and hoping 70 else will die. it became clear that i did not have a path to victory. i am 16 months of censorship and not being able to get on any network except i for fox and in fact when ross perot ran in the ten months that he ran he had 34 appearances on the networks. i had to appearances and 68 months. i was blocked from the networks and no patneh to victory. >> indian trumped agreed to for unity government. that extends the relationship of this point, kennedy says there a

students say that's not what was on their mind as they woke up this morning for the first day of class iag'se-up investment need breakfast go to school. i was planning the district says the new program comes with additional art aids and is being paid for through a mix of district level funding. and prop 28 superintendent cj comic is new to the district and says when it comes to budgets, this year's is all well. but the 2025 to 2026 school year, not so much. we project that will need to reduce about 16 and a half million dollars of expenditures. and so we'll go through a process this fall where we collaborate with our students, our staff, our community, our families, and gather input about how we might reach that goal because any reduction of that magnitude is going to have a negative impact. >> the district says it's currently putting together a budget committee and hopes to have more information soon. but despite the future, parents say they're excited for this school year telling me it's all about this for paying for growth and more learning opportunities as we get more information regardi

students say that's not what was on their mind as they woke up this morning for the first day of class iag's wake-up investment to need breakfast go to i was planning the district says the new program comes with additional art aids and is being paid for through a mix of district level funding. and prop 28 superintendent cj comic is new to the district and says when it comes to budgets, this year's is all well. but the 2025 to 2026 school year, not so much. we project that will need to reduce about 16 and a half million dollars of expenditures. and so we'll go through a process this fall where we collaborate with our students, our staff, our community, our families, and gather input about how we might reach that goal because any reduction of that magnitude is going to have a negative impact. >> the district says it's currently putting together a budget committee and hopes to have more information soon. but despite the future, parents say they're excited for this school year telling me it's all about this for paying for growth and more learning opportunities as we get more information regardin

this is what iage like, this is what my physical limitations are but these are my mental strengths andt's what i'm going to bring to the second term. that is exactly what has to happen. it has not happened and as a result americans and reporters in the media are judging him by a physical appearance and it's horribly unfair. >> we quoted you earlier, chai, you did liken it to other things and there's a real superficial aspect to it. fdr operated in a time where many americans didn't have the full picture of his physical ailments because of the way he was covered, but to professor krugman's point, his mind and many decisions he was making was on point. professor, i'll let you respond to any of that and read briefly from your newest piece, saying that the biden folks need to be on offense on the economy. when has being humble about the economy ever worked as a strategy, you ask politically. quote, all the major surveys of consumer sentiment say americans are aware the economy is already improving. >> yeah, i mean, let's, first of all, say that biden's record as president is really quite a

students say that's not what was on their mind as they woke up this morning for the first day of class iag's wake-up investment need breakfast go to school. i was planning the district says the new program comes with additional art aids and is being paid for through a mix of district level funding. and prop 28. >> superintendent cj kennecke is new to the district and says when it comes to budgets, this year's is all well. but the 2025 to 2026 school year, not so much. >> we project that will need to reduce about 16 and a half million dollars of expenditures. and so we'll go through a process this fall where we collaborate with our students, our staff, our community, our families, and gather input about how we might reach that goal because any reduction of that magnitude is going to have a negative impact. >> the district says it's currently putting together a budget committee and hopes to have more information soon. but despite the future, parents say they're excited for this school year telling me it's all about this. preparing for growth and more learning opportunities as we get more infor

. >> iag's wake-up investment. in effect is go to school. i was planning the district says the new program comes with additional art aids and is being paid for through a mix of district level funding. and prop 28 superintendent cj kennecke is new to the district and says when it comes to budgets, this year's is all well. but the 2025 to 2026 school year, not so much. >> we project that will need to reduce about 16 and a half million dollars of expenditures. and so we'll go through a process this fall where we collaborate with our students, our staff, our community, our families, and gather input about how we might reach that goal because any reduction of that magnitude is going to have a negative impact. >> the district says it's currently putting together a budget committee and hopes to have more information soon. but despite the future, parents say they're excited for this school year telling me it's all about this for paying for growth and more learning opportunities as we get more information regarding those budget cuts from the district

and, by the way, mexico dumps its sue iage a on the coastline. down. we need to deal with mexico. then we went to the top of the wall, and we saw openings that weren't finished by this administration. we saw a village, and in that village was a big mansion in the middle. and we asked the border patrol, what's that. they said that's the terrorist cartel that are vetting these people before they come across, stealing their money, doing whatever to them, inhumane things. our u.s. border patrol, god bless them, maria, and i.c.e. is doing the best job they can, but they're having no support from this administration. they really only want with power and the ability to be deceitful to the american people. so that border, those terrorist cartels are destructing america. we've got to go and secure the border. and let's top chinese gangs that are bringing -- stop chinese gangs that are bringing in drugs and human traffic thing. all things that shouldn't happen. let's get back to title 42, let's deal with mexico, let's start dealing with with these immigran

. >> iag's wake-up investments. need crews can go to i was planning yeah. same. >> so you can see lots of excitement. but it was mostly about their outfits are eating breakfast and really just playing with their friends. now, in addition, we did also chat with the superintendent of the school district and he says this year is all great when it comes to budgets. but it's really next year that they say that they're going to have to make some cuts. in fact, they're about 16 and a half million dollars short. so right now they're putting together a budget committee trying to figure out exactly where they can make those cuts back out here live. we'll hear more from him coming up in the next hour. but so as we get more information regarding that aspect of it will keep you updated. but that's a very latest reporting live in san ramon. i'm michael thomas story. and james, we'll send it back to you. all right. thanks a lot, michael. >> and santa mode isn't the only school district coming back to school today. you can see the list on your screen. that's a long one fro

students say that's not what was on their mind as they woke up this morning for the first day of class iag's wake-up investment to breakfast go to school. i was planning the district says the new program comes with additional art aids and is being paid for through a mix of district level funding. and prop 28 superintendent cj comic is new to the district and says when it comes to budgets, this year's is all well. but the 2025 to 2026 school year, not so much. we project that will need to reduce about 16 and a half million dollars of expenditures. >> and so we'll go through a process this fall where we collaborate with our students, our staff, our community, our families, and gather input about how we might reach that goal because any reduction of that magnitude is going to have a negative impact. >> the district says it's currently putting together a budget committee and hopes to have more information soon. but despite the future, parents say they're excited for this school year telling me it's all about this for paying for growth and more learning opportunities as we get more information re

. >> below it, greg gutfeld is wearing an amy leandr iag ths t-shirt on fox news. >> which is to say the least, t-shs to say take that what the i wear somehow trumps the death of a mom . that's what you noticed. when faced with real repea witt stories of her horrible tragedy,f he they. what are you wearing? funny. i bet this wasn't saying i like brit hume's tie with george floyd was killede b after all, they don't value victims unless they fit our narrative. so they'll have you believe thousands of unarmed black men died at the hands of copof unar they'll have you believe thousands of teens killed themselves without access to. but three horrendous acts of brutality in a week. and it's. what are you wearing? it's the perfect of the bottom feeding banality of the status obsessed media. forget the dead woman. we lova.e your shirt. . i guess the media doesn't takeme these murders seriously because theydi aren't in a prote protected class. in fact, they're eve nn peop less important than people who report on them. ,they'll eve reportn have a laugh over the tragedy. >> here's the three cab

. >> iag says he encourages us all to actually read the full text of the i have a dream speech to seer king as a radicalist, as he described before king started improvising in the part we all know. the scripted portion of his speech addressed the deep persists and economic woes in america. well, we have a compilation of some of doctor martin luther king jr. s most impactful quotes, words that truly help shape our nation. we're remembering the civil rights leader with his own words right? at abc seven news.com. you can find a link on our home page. >> we are halfway through january, and if you're participating in dry january, we know that's very popular, right now. there's one place in san francisco that you may want to know about. coming up at 530. we'll take you to ocean beach cafe and then let the playoff games begin. >> eight teams left in the 40 niners want you to get in the game. the team announcing a series of events to get fans pumped for saturday's playoff at levi's fargo makes banking faster, and easier. (woman) fargo, turn off my debit card! (vo) lets you pick up the tab, ev

kiribati leadership, working on those alternatives from infrastructure to other areas across board, iageti and across board in pacific, we have to be active and bring alternatives to the table. we think our strategy is designed to do that. >> i appreciate that. in terms of diplomatic present, if we're not to the ground we're not in the game. . can you give a brief update on how we have expanding our diplomatic present in the region and what more we need. >> we have identified 4 country in which we want to establish new embassies, successfully done so in salomon islands and tonga, we will be in vanuatu and will below kiribati and need parliamentary approval for that, in two new embassies we have opened we opened quickly and now moving to build out thatpó staff. build out the permanent facilities in which our staff will be there and working on personnel side. to get open quickly, we had to find temporary duty personnel to you know boots on the ground and%j plant your flag, now following up with full time staff and hope to be nominating lbassor no substitute for presence, i am confident we

as and ig, no iag should be doing policy. with a front row seat to how those dollars are being spent, do you think it is a good use of your tax dollars to be spent on the taliban located in afghanistan? >> i don't think that's a good use. a certain percentage it probably is going to the taliban. we know that. what percentage is acceptable? if they took our weapons and killed americans, what percentage, how much of that dollar should go to delavan? >> i wouldn't set a dollar amountwhy we are sending a warning to others that the money may be going up. you could get a taliban ngo that is helping women's rights which is trying to get money for the government. up until now we have not documented any money -- >> you're not going to document it because you are not there. my time is expired. >> the gentleman's time is expired. i now recognize mr. jackson for five minutes. >> thank you very much. doctor mccormick. thank you for your time today. and for your transparency. can i ask you one question. is there a particular reason why the

i think when it came to age, he tried to showk when iag thatr vigor and i think he came across angry. and i think it put more doubtat in people's mind on his pronunciation and others going througanhers goih when it came f you analyze the speech at all, h this campaign is really worried about their base. they weren't speakineig to thehe independents, are they the nikki haley voters? if they werealey, would have fee pretty secure about where they were going in. this is really g in a campaignt speech trying to get the democratic party there, which i thin arty thek he missed the big opportunity overall. >> you know, just democrats hyping up online, some prominent democrats, he came out swinging.it to he's back in it.yo to your point, that iss are the message that democrats are sending out tonight. we're going to bsetonight e bacr the republican response from alabama senator katie brad. we're goinom e britg to take a very short break here as the president exits the hall. state of the union address here on fox news shows. >> hiding your fungus damage toenails, get clear, healthy looking nai

>> i work with the police, as the iag, chair for lambeth police, and i also attend a number of meetingsland yard. i can see that there has been a change. i can't echo enough.the been a change. i can't echo enough. the deputy, commissioner eddie adelakun. he's brought about two initiatives which the majority of the community that were involved with bought into that, that was a precise stop and search, focusing on hot spots where these incidents are happening so that the police are not just stopping anyone everywhere . they're precise in everywhere. they're precise in their stop and search. the other one, the other one is the stop and search charter. now, that involves a number of young people, other community leaders , people, other community leaders, stakeholders, where we spoke about the issues which young people are experiencing through the stop and search through that charter, it was identified the quality of the encounter, improved supervision , improved improved supervision, improved training for the officers, improved complaints and handling better use of technology. there's a lot

iag and grants we see all the time the cites this was meant firstitying raise. second. so. still new for san francisco. >> yea. so -- again, help me understand. when it means that it is the state has acquired the site in this case the 2 cites directly tir own and that they have awarded mid pen directly to develop the sites. once the process went through the mayor's office of housing get involved? >> that's correct. with one small edit the state did not acquire them they owned the cites. it is current parking lot for a state department now. >> thank you. >> we don't vice chair mandelman. >> sound like great project and like to be added for 10-12. >> thank you. let's go to public comment for the 3 items. >> invite public to comment on item 10, 11 or 12, you can approach now. we have no speakers. >> no public comment, it is closed. colleagues i like to move the 3 items to full board with recommendation and the roll call. >> on this motion to forward these resolution to the full board with positive recommendation vice chair mandelman. >> aye. >> member melgar. >> aye >> chair c