in fact citi group believes it's going to hit a new all time high in u.s. dollar terms based on this tweet from mark o'byrne of gold core citi group says gold may top record at $2000.00 per ounce city is bullish on gold due to the prospect of the fed cutting interest rates to 0 geo political tensions and rising risks of a global recession. so here you have. and we are leading we're heading into a new us election us. you know the federal reserve doesn't like to be seen to be involved in the political process so you know how they're going to behave in the next year is unknown at this point but certainly trump is parading them and demanding negative interest rates even which. i don't know. and he understands it but i'm not sure that it could survive negative rates as. you said the financial system can survive negative rates but i think he's maybe only talking about the euro whether it can survive negative rates in the u.s. dollar as well. if you have the world reserve currency of the u.s. dollar and you reaping a benefit from having that reserve currency for d

stearns is running to the feds to stay afloat president bush today defended the decision to bail out citi group that in may and freddie macin asked for a total f. green $1000000000.00 more to sail out could get much bigger billing even in troubles for the u.s. economy. and they're building up the next term. a b. each time the taxpayer is called on to bail out those who created the crisis increasingly the major financial institutions. in a capitalist economy you would do that in a capitalist system that would were the investors who made risky investments but the rich and powerful they don't want a capitalist system they want to be able to run to the nanny state as soon as they're in trouble and get billed a taxpayer it's called the too big to fail. i mean there are no will or it's an economics who significantly disagree with the course that we're following people looked at stiglitz paul krugman others and none of them were even approached the people picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than bef

. >> both democrats and republicans in this city and groups thatwith will make this successful. we have to make sure we are real and up, that we can come together as a group and put on a convention. this is going to be our chance to show off milwaukee. we want to make sure we are going to show off milwaukee in the best light. >> i think any convention will have the opportunity to uncover some obstacles. i know milwaukee is able to handle a convention of this size. we put our best foot forward and show we can overcome whatever obstacle may be in our place to introduce what i think will be one of the best democratic national conventions we have seen. >> monday president trump holds a campaign rally in north carolina on the eve of the special election for the 19th congressional district in that state. the president won the state by 3.5% in 2016. campaign 2020, watch our live coverage of the presidential candidates on the campaign trail, and make up your own mind. c-span's campaign 2020. your unfiltered view of politics. wednesday is the 18th anniversary of the 9/11 terrorist attack

as cutting back on investing in fossil fuel projects among the major players like deutsche bank city group barclays in total a 130 financial institutions in $49.00 countries have signaled out there on board but no to 7 of the world's 10 biggest banks are missing from the list the un initiative calls on banks to harmonize their strategies with the paris climate i agree ments and work towards a sustainable future from being seen as an over to move to mobilize the influential finance sector to a fund that will cause more problems it's saul's we put up for the scotian here in our city. what we really need to be looking out looking at is eliminating the funding of fossil fuels as quickly as possible and the key thing here is not to focus too much on the banks they will do whatever they can within what is profitable and have legal and he thing is to put pressure on governments to utterly change the rules in terms of what banks do to get rid of anything that is destroying the future for our children the green technologies that are presented as growing are not a toll in many instances in the energ

to citi group arm a committee. that you're counting on the u.n. agencies that we continuously work read mccain well. let's hear people in their development say they don't. think well i know well that that's that's the time in the development of course you know about in the development well let me just bring him with us on the into this conversation but i'm wondering about every day after to live beyond that area what i know about this this day shift project. i think they do i mean to be honest with you now that we have so should be and people are beginning to live really in a global village they are aware of this initiative and it's been incredible i mean i was very fortunate the 1st time i went to the sahara and region was over 10 years ago and coming from famine africa and see our is the law and also looking at the new jarrah river smack in the middle of this i hell was quite amazing because it's the lifeline it's there you know difference between the richie and water and also you wonder how do people really live in this landscape that is so ari

cutting back on investing in fossil fuel projects among other major players like deutsche bank city group and barclays in total $130.00 financial institutions in $49.00 countries have signaled that they're on board but notably 7 of the world's 10 biggest banks are absent from ballast the un initiative calls on banks to harmonize their strategies with the climate parrott paris climate agreement and to work towards a sustainable future of from being seen as an overdue move to mobilize the influential financial sector to a fad that will cause more problems than it solves we put the discussion up here on r.t. . what we really need to be looking out looking at is eliminating the funding of fossil fuels as quickly as possible and the key thing here is not to focus too much on the banks they will do whatever they can within what is profitable and and legal key thing is to put pressure on governments to utterly change the rules in terms of what banks do to get rid of anything that is destroying the future for our children the green technologies that are presented as growing are not a toll in many

cutting back on investing in fossil fuel projects among them are some major players like georgia bank city group and barclays 2 in total $130.00 financial institutions in $49.00 countries have signaled they're on board although 7 of the world's top 10 banks are missing from that list the un initiative calls on banks to harmonize their strategies with the paris climate agreement and work towards a sustainable future discussing it up next with us independent journalist luke rebate and social and environmental campaigner george barr gentlemen thank you both for coming on today good to have you on george if i can start with you perhaps these guidelines i mean do they seem a little vague when you read into them surely there's more to buying influence you know on salient issues on environmental matters than just you know easy target of fossil fuels. yeah i mean i think there are 2 ways to look at this one is that. it doesn't do any harm to have a framework in place that over time might see some more accountability and some need to account for what's happening within these banks but look at what's actu

chris was born and raised in kansas city, group in brookside, went to college and you and he got hooked on journalism. he worked as for job after graduation at the tribune, a business reporter there and has been one ever since. he went on to arkansas democratic and associated press where he worked out of st. louis. the tribune in columbia, he worked a story on tyson foods. and with that he became intrigued with the issue of corporate power. which is brought us to tonight. chris is here for the second time, he spoke with a central library in 2014 on his book, the meat market and the secret takeover of america's food business which is how a handful companies cornered the meat supply, joining me on stage will be sean, a longtime broadcaster is collaborated on a couple of books including james' autobiography. he was terrific if you were here interviewing the former mayor in july. were honored to have both of them here tonight. >> please welcome sean and christopher leonard. [applause] >> thank you for having us here. non[inaudible] [applause] with kansas city, we know what a lot of people o

she had a choice and that she calls unforgivable havoc by igniting the political crisis in the city. a groupf remarks to business people. minister saysime he will not ask the european union for another delay brexit even if parliament votes in favor. morse johnson has pleaded to back his attempts to get a new agreement. party want toown ask him for a three-month delay if they cannot agree in a new deal. it has led to speculation there could be a general election. >> parliament has been on holiday for six weeks, but for shots and has been working flat out to make good that brexit will happen by november with or without any agreed plan from the european union. united,ow that we are we should vote with the government against the pointless delay. i want everybody to know there are no circumstance in which i will ask brussels to delay. >> since he has a majority of just one, he does not take many rebels to cause him huge problems and they are so concerned they are ignoring threats to be kicked out of the party and it seems at least some to order the government to delay brexit yet again. >> i have

confirm how many tenants were forced out based on their incomes, but the cities wants those displaced to be compensated by the reliant group. the city is now considering closing the loophole that led to problems. >> the way it was executed was not the way that any of us intended. >> reporter: the reliant group which owns properties in several other bay area cities issued a statement saying we remain committed to providing long-term affordable housing in the bay area and ask our elected leaders to facilitate the transition for those who were over city council is going to w weeks to consider reversing that emergency exemption. live in hayward, greg ligands, ktvu fox 2 news. >>> now to san francisco where pedestrian safety advocates brought traffic to a standstill this afternoon. kristin tells us the city is starting to look at making some streets in the tenderloin car free. >> reporter: pedestrian and cycle he and advocate strict direct action blocking, bringing traffic to a halt at an intersection no for deadly and serious crashes. >> i was witness to the day jenna loft her life. i witnessed that. i was here with a 12-year-

. >>> one city is grouping with complaint on, tomorrow night they'll consider banning them on streets less than 40 feet wide and streets with bike lanes. the city's solution, instead to create parking programs. >> we want to make it as easy as be abe to own the program. the city would run it for them. >>> hate tonight the "washington post" is reporting the speaker of the house nancy pelosi might be stance when it comes to impeaching president trump. reportedly she's hgriva discussions with the democrats about possibly moving forward with impeachment proceedings following the whistleblower report. president trump is dismissing impeachment calls and defending his july phone qual the leader of ukraine. he says he never threatened to withhold military aid if ukraine did not. the president did threaten president of krooub by threatening to hold back by holding back. on the board high with joe biden was vice president. the the case is being challenged in leaders and environmentalists are challenging it. this was about the salt pond along the bay. they are hook to overturn the reason roeback

citi group by about ten percent year over year. if that continues, that shows that the economy is healthy, profits are growing and profits are at a level where companies can invest in their businesses and still return capital to us. >> is that allowed to happen >> make hay while the sun shines. >> that's a black swan event. >> i have to say, i don't agree with this. i remember back in fall of '12 there was just a persistent mantra, romney wins market rips, obama wins, markets get killed. 2013, best ratio. so many other variables are at bay that i don't really want to assign market equals up politics in advance. that's just been proven to be a tough one. >> i think there is a danger relying on that when you have a socialist coming to office. obama you had incredibly liquid fed which is still going back there to support the market. yes, you take a look -- >> 18 months in advance -- >> i'm not saying -- >> nobody is saying take action on it. >> the reality of the political message is that it is going to be negative for global assets i

we only have the second quarter reports to go on did you know citi group reduced its share count by 10% year over year in the second quarter you look at citigroup, you might want to say i don't own citigroup. look at that chart fine that means it may not go up today. when you look at this a year from now, 6, 9 months from now, when we're downstream of whatever way the china trade winds blow, we'll feel good about it goldman sachs was up there, cisco systems. cisco reduced its share count 9% apple 6.7% this is meaningful cash flow generation you can only do that if you're a healthy company. >> what are the thoughts out there today? that the markets are on thin ice? does anybody think they're not on thin ice? >> i love the metals >> defensive things going up, metals going up. >> the metals are doing what many of us thought they were supposed to. >> maybe because the market is on thin ice, no? >> somewhat. whether it's the miners, or slv -- slv is up 29% in three months i got more that i'll talk about on unusual activity today. i think a lot of people saw that ism number this morning and p

with the sale force to kind of help explain to them how to market this to investors and went on to citi group and they are the two lead underwriters in this deal. they were seeking about $1.3 billion in this ipo at the high end of the range, which would actually make this deal the fifth largest u.s. listed ipo of the year and their valuation is a whopping $8 billion more than 2.5 times their latest private round valuation from just last october, kel now as you alluded to, the company makes teeth alignment at a fraction of the cost of even the traditional invisilign that people are familiar with and braces the way they do that, they send you the molding for your teeth to your house or you can go to one of their smile shops or one of the drugstores they are affiliated with to take an impression of your teeth and it is sent to a licensed orthodontist and your straightening procedure at all just under $2,000. >> it is said to be about 60% less than traditional orthodontic braces and they will open up in cvs and walgreens smile direct club and there's an interesting kind of rivalry, frienemies >>

pete was talk bag citi group i think this sector is looking more interesting at a time when you knowverybody has been talking for years about okay the financials are in good shape structurally but now finally you see technically stleeft a few signs of the group starting to work >> mark, i'm curious, because if you look at that chart for instance that's september lowest low coincides with where we saw the lows for yields effectively, right? right. >> and so financials have really been dependent on where spreads go and where yields go when you take a look at the chart of spreads or the chart of the 10-year yield zbliens right. >> does it follow typical technical patterns can you actually analyze it techically with great -- did as much accuracy as another chart when so many people are saying there are so many other external factors dictating the direction of yields. >> i think you are right i think the yield curve is probably better going something to concentrate on versus the 10-year itself because i noted yields have been falling since last november. yet seeing a decentment of strengt

the cities wants those displaced to be, cited by the reliant group. the city is now considering closing the loophole that led to problems here. >> the way that he was executed was not the way any of us intended. >> reporter: the reliant groups, which owns properties in southern cities, they say we remain committed to providing long-term affordable housing in the bay area and ask our elected leaders to facilitate the transition for those who were over income. and the city council in hayward, they will meet in a few weeks to consider reversing the emergency decision. >> thank you. >>> coming up, a spike in fentanyl overdoses in the south bay have claimed the lives of several teenagers. a warning from health officials. >>> plus a breakthrough for people with peanut allergies. >>> up next, the first. to be sentenced in the college scandal. felicity huffman learned her fate today. >>> actress felicity huffman was sentenced to 14 days behind bars for her part in the college admission scandal. the lawyers suggesting she do that in the bay area. she is the fir

the city plans to continue with work with community groups and neighboring cities to find long- term solutions to those illegal sideshows. >>> the governor reached an agreement with landlord and tenant groups to oduce statewide rent control. they believewiprotect sides. the kpix 5 reports a lot of people are still unhappy about it.>> reporter: tenant advocate say the bill is not strong enough. landlords say rent control will worsen the housing crisis. >>> we have been to sacramento a lot. that bear outside the governor's office and i are best these.>> reporter: elsa stevens is thrilled to see her efforts pay off. she and many other advocates have been going to sacramento to pressure the government to pass more and tenant protection laws. >>> is state wide rent control. it is not strong. but it is something.>> reporter: assembly men introduce the bill. he and governor newsom got support for rent control that would the annual increases at 5%. plus the rate of inflation. the total increase cannot surpass 10%. it is a good step forward. >>> that is ludicrous.>> reporter: some say the bill

homeless navigation center, city leaders looking at surplus property or near the city hall parking lot. >> the most vocal groups were wearing blue. the online petition started back in july, the city hall lot takes the most sense, near transit, food, and social services. >> it becomes obvious that the city hall location is superior, near the dakota location. >> outreach efforts are unprecedented, among 2000 people surveyed, top concerns and increasing activity. >> her research found no uptick in crime around the berkeley care center it's the one that fremont will model its center after. >> this group does not want a shelter, they live near city hall and see the temporary shelter is not worth the money. the city says the need to build the shelter is necessary and it is urgent. homelessness has been up by 21% in just two years and they are worried about critical state and county funding. >> ultimately when they get built, people just generally accept them, and it becomes an okay thing to have in the community. >> the mayor appears to be wrapping up, so we will keep you posted. it will take at least 11 months to co

they've repelled taliban fighters who staged a coordinated attack on a strategic city it's been going on as the group's leaders meet u.s. negotiators in qatar for talks to end the 18 year war the attack in the northern city of can do started early on saturday morning fighters came in from several directions and took over buildings military reinforcements were sent in to counter the attack and by evening the government said at least 35 days were killed along with 3 civilians a spokesman for afghanistan's president says it's the latest signal of the taliban don't want peace. the taliban's attack contradicts what it's saying and the attack shows that the taliban still isn't ready for peace they continue to fight. the rector of the center for peace and development studies and a former advisor to afghanistan's high peace council he believes the taliban's trying to show strength to get more out of the peace negotiations. taliban would like to give 2 important signals to the united state. my analysis shows the cut the negotiation for the time being it's not going very well for example the taliban usual would

a home to old rickety properties data shows that are more than 14000 buildings in the city that are groups of collapse due to a lack of maintain a nice and government apathy. earlier this year of 4 storey building collapsed at the spot killing more than a dozen people and injuring many more disasters of this kind aren't uncommon in the city. one buys chronic housing was also linked to its dense population and scarcity of land the city is surrounded by water on 3 sites and has no space to grow. more than 40 percent of its 18000000 residents live in slums and shanty towns experts say at the heart of the problem of the city's sky high real estate values and a powerful builders lobby. has sort of in the last 20 years for the situation collapse of a building it would mean that there will be an option off redevelopment for the private developer and also because then they have much on most of these buildings out in the island city. the prices of. cities. even for residents who do decide to vacate their rundown buildings in these prime areas pins on to much better. family used to live in an 80 yea

city. the group attorney says in a statement, quote, this action is an assault on all advocacy organizations point in our society for this manner of behavior by government officials. the nra like all us citizens is protected by the first amendment. as the legal battle plays out some folks on social media are reacting, jeffrey says san francisco claiming the nra is a terrorist organization will slander -- the nra has every right to sue the city council. thomas siding with the city, calling the lawsuit absurd. lastly adam chiming in, 100% predictable and inevitable. there you have a, a big legal battle playing out. jillian: the beginning of the school year, a 10th grade teacher has parents upset. >> the story coming through todd starnes who city north carolina mom reached out to him saying her son's 10th grade english teacher requested students fill out a diversity worksheet asking students questions like what is your race, ethnicity, sexuality, religion, socioeconomic status and gender, what makes you the most privileged. heritage high school administration found out about this, releasing a s

officers using a police helicopter to watch for illegal side shows and the city plans to continue to work with community groups. and, neighboring cities to find long-term solutions to illegal side shows. >>> well, we had a happy update for you on a dog napping we told you about earlier this week, the third and final puppy stolen from a san francisco shelter has been found safe. the pit bull pup and two huskies were snatched wednesday from family dog rescue on shafter avenue. they were recovered the next day after being put up for sale online. police arrested two of the suspected thieves. >> good news for park goers at star wars land. the tsa has reversed its decision to ban the rs fey said they look like replica explosives. now, you can take them as a carry on item empty. if you want to lever it unopened, they will allow the soda to be placed in checked baggage. >>> all right, good to know. let's get into this story. >> yeah, not a cloud in sight. >>> no marine layer. and we probably won't see much of it tomorrow either. did you notice the warmup today? as a result of all of this? 10 degrees warmer today in sa

here today seated behind me beginning with nick perry, who is plan manager and also manager of city design group, our prime consultant and owen kennerlly from architecture and planning, some of which all be hearing about today. so, we know that civic centers is one of the most public places in san francisco. it's the heart of our city government and a center of arts and culture. its public realm is the fabric which holds together this beautiful district and framework in which we're sitting now. we know having a public realm is important to every neighborhood and takes on special importance given the special role the civic centre plays from protests to celebrations to everyday life. it's where we all come together. but we know that public space and civic center faces many challenges and, in fact, some of our city's greatest social problems are most visible in these spaces but it's a place of amazing opportunity which is why we're here today doing the jobs we love. we see how improvements like the civil center playgrounds are making this a more welcoming space to spend time, but there's more work