abb is profiting from strong demand from emerging markets. their second quarter net earnings jumped almost 50% to 890 million euros. they make huge electrical transformers for power utilities as well as industrial robots. the company expects profit from an expected move away from nuclear power and the upgrade of aging power and power infrastructure. it is not just grease under a mountain of debt, other eurozone nations which you might not suspect are deep in the red. our number cruncher reveals the details. >> 7 trillion 837,207 million euros, that is the total national debt of the 17 eurozone members. this accounts for 85% of the annual gdp which is much more than the rules allow. luxembourg and estonia meet the stability and growth criteria that germany does not because their national debt stands at 83% of annual gdp. that means that most of the eurozone members are not complying with the rules that were established when the common currency was introduced almost a decade ago. >> lafayette is still alive to adopt the euro and they are taking

this meeting is broadcast live on san francisco government television, sfgtv cable channel 78, and abb of this meeting is available for purchase directly from sfgtv. at this point, we will conduct our swearing-in process. if you intend to testify in any of the hearings and wish to have the board did your testimony evidentiary weight, please stand, reroute right hand, and say "i do" after you have been sworn in or firm. and a member of the public may speak without taking the oath pursuant to their rights under the sunshine ordinance. do you solemnly swear or affirm that the testimony or about to give will be the truth, the whole truth, and nothing but the truth? thank you. >> thank you. we move to item one, public comment. is there any member of the public wishes to speak on an item that is not on tonight's calendar? seeing none, we move to item two, which is commissioner comments and questions. commissioners, anything? seeing none, item three, the adoption of minutes. before you for consideration are the minutes of the board's june 22, 2011 meeting. vice president garcia: it looks like

jumped ship loops why they have been again following jorge lorenzo as victory from fifth all the great abbéchallenge. but also time standings later cases down the force to settle for third place then surely despite being the frontrunner for most of the race run so catching up with him out of those and that's from the finish line to the stone as repsol hold that he made down thread of his heels that also crossed the australian on the last young mohammad lawrence so clocking in time of forty one minutes fifty seconds to secure his second victory of the season and that was the get. to nineteen points overall does the us i mean well since there are thirty three points at the plate. he said so especially because the last three or four races has been so so well for us. but you know. with everything from the all the progress of your cover and i mean. now the dust may have just settled on the david haye to logically go heavyweight boxing question loser hate already wants a rematch and klitschko camp however has other ideas saying the palin got the idea here is the brother who may consider stepping

team usa beat france thanks to abbe wambach for another tie breaker and morgan scored another goal taking the u.s. to a 3-1 victory. the americans face-off with japan at the finals on jovsunda. we'll all be watching and cheering them on. it is now 7:20. let's turn it back over to ann and matt. incredible game again yesterday, coming in at the clutch. >> a lot of people are going to be watching that game on sunday. >> it's so cool, never in my own personal experience have i seen so many men excited about women's sports and my son who is 16 years old. >> beats volleyball. >> that's for another reason. >> i'm kidding. >> my son said he wanted to watch on sunday and make snacks -- >> it's a big deal. we wish them well on sunday. let's get a check on the weather. mr. roker is out in los angeles this morning. al, good morning to you. i think we may have gone to see beach volleyball at the olympics? >> we saw a lot of beach volleyball -- that's another story. let's take a look at the weather story, speaking of getting hot, we've got a lot of hot weather to talk about still from parts of nebraska