a lot of our perception comes from the goods and services tax. raising living costs a nd is being blamed for raising living costs and prices. that is an issue thatis costs and prices. that is an issue that is probably driving a lot of the support towards the opposition. a key question is how the government will balance that out in terms of both the costs of living and in terms of the economy as well. brian tan down. the recent cambridge analytic facebook controversy has sparked a debate regarding the use of analytics in elections. —— analytica. there have been some questions as to whether this will affect indian democracy. we went to bangalore to find out more. the new battleground for indian elections. traditionally, politicians in india have relied on big meetings like this to reach to voters. that is changing as leaders are now using online metrics to target voters. we've achieved that are hundreds of start—ups that have come up in hundreds of years like smart metre. there is awareness that it doesn't work any more and that is where we are see

result, and all eyes will be on how its new prime minister said they would get rid of the goods and services taxy has stabilised and while many analysts are concerned, the chief economist says he has a lots of confidence in the economy moving forward. it will mean lots of opportunities for malaysia and businesses. the main problem with chinese investment in malaysia is that most projects had chinese investors doing the construction work. these companies we re construction work. these companies were essentially cut out, so they will now get an opportunity to get back into business. that is going to be positive. in addition, lots of malaysian companies likely white dear, they haven't invested much in malaysia over the last 20 years, they have invested overseas. now they have invested overseas. now they will be looking to go back in. the fact that robert kwok is part of the new council of elders is a symbol. we already have a well-known businessman, tony fernandes, apologising for backing the ousted prime minister, noted razak, so corporate alignments will change, because this is a country where ba

goods and services tax that brought up the cost of living many people you know once again sit at the ballot boxes and they now expect that to be repealed somewhat or rolled back the other thing you need to do is bring together the different ethnic groups now this is strangely something that might there himself had parnia the division of ethnic groups he had chosen to run his original campaign or his previous presidency by bringing off what you call the bumiputra of the people of malaysia make the natives of malaysia make up sixty percent of the population and almost marginal marginalizing the other ethnic minorities and now he has to bring them together as he had promised in his campaign so he has a lot to do and a lots of challenges particularly because a lot of the systems that have been set in place were set set by him before so somehow he's going to have to undo what he has done before and in the in the kaleidoscope of milly's in politics not. what happens to him next to see a completely busted flush or to see you know take to the the opposition benches and criticize dr mahathir.

rightly mentions but people are very concerned about the cost of living introduced by the goods and services tax way back in twenty fifteen the move now is on the promise that was made was that they would actually abolish this particular policy initiative. going ahead that will be the policy focus but whether they'll succeed in the following it straight away again that would require consultation again i believe with. brant and looking at it in the revival of the economy the economy did really well last year it grew by five point nine percent it's just keeping that pace and i think there's enough momentum in economy to make sure that malaysia actually does make it to become a high income country twenty twenty brigitta look to me a moment ago like you had something you wanted to say if you want to chime in. you know i respectfully disagree about the assessment of whether or not the charges will move forward i think we'll have to are in repeated press conferences in the last few days has emphasized the return of the rule of law and the quote in question the issues of integrity of the predate of pre

campaigning on a promise to rid the country of corruption it's also pledged to remove the goods and services tax that was introduced three years ago the latest survey by my daycare fantastic guests the main opposition bloc. for alliance of house has made some gains it's also likely to win the popular vote. but in the nation's first past the post system is the party that wins the most seats in parliament that takes power the gerrymandering of the melody of seats that has conspired over the past few years and all to simply what was done in a manner to allow the bison national to continue to perpetuate the power of this country it will be a close fight lawrence leigh al-jazeera. and that's all from me. next with more breaking news from ania where paula mentors like the protest leader as prime minister. whether it's huge and culturally in australia while the ferocious law in bangladesh . is the balance between endangered wildlife and then noisy neighbors. that. is right there and there's nothing between how you have a net and human habitat to live together. how many people here have seen a tiger in

really a lot of anger among the electorate at the rising cost of living and they blamed the goods and services tax which the government posed three years ago on that and mahathir and his opposition alliance policies had campaigned on the platform of promising to remove that tax within one hundred days of coming into power i will thank you very much from kuala lumpur floor it's really staying across the latest as we wait for confirmation of that election result donald trump says his highly anticipated meeting with north korea's kim jong un will not take place in the demilitarized zone on the korean peninsula has more details about the meeting will be announced within days three americans who were being held by pyongyang are traveling back to the u.s. with secretary of state mike peo at you to land within an hour trump says he will meet them at andrews air force base in maryland their release is seen as a gesture of good will head of the summit that's going to have to a white house correspondent can really help it so three americans have been released by north korea does this help lay the groundwork

those as in malaysia felt it was over the vibe in cost of living and people blame that on the goods and services tax that the government imposed three years ago so much hot there and the opposition coalition was campaign can pay me on a promise to remove that tax within one hundred days of coming into office and it was also anger that the country was feeling over the fight but the country had been shamed because of a perception that it's a corrupt country and mahathir tapped into that in his last campaign speech to the people you said vote wisely vote to restore dignity in this country and people i mean people people believe can people people who people thought that florence louis with the latest from kuala lumpur thank you. also football news now and brazilian star neymar has moved to paris and john last august for a world record failure you might recall of two hundred twenty million duros but could be axed barcelona forward be on the verge of a sensational move to rail madrid neymar has had a troubling time in the french capital and reports in spain say that he had talks with way out in march the

tax on certain imported goods. from july, new rules will come into effect forcing online retailers to apply a 10% goods and serviceschases being shipped to australia from overseas. a group of major european companies has warned the uk prime minister they may cut investment without more clarity over the terms of britain's eu exit. business leaders, including from bp, bmw, nestle, and vodafone, told theresa may that "time is running out". reports say south korean prosecutors have raided the headquarters of korean air lines, over suspected embezzlement by members of the family that owns it. the company has not commented on the story. leisha sa ntorelli is across this for us, from our asia business hub in singapore. it's not the first time they have beenin it's not the first time they have been in the headlines, this family? no, this family has been in the headlines for all of the wrong reasons. let's start with the father, he is accused of evading taxes, based on an inheritance he got from his late father. today investigators seized documents at the headquarters of korean air following allegations that the entire fami

ten years ago he says the subsidies they receive are no longer sufficient and blames the goods and services tax imposed three years ago for the increase in overall costs. but there are others who say they are grateful to bars unless you know the only party that has ruled malaysia since independence in one nine hundred fifty seven. it's in places like these far from the cities that the election will be fought and won rural areas have long been given disproportionate electoral advantage here in sa about burnout the smallest voting area in the state of a vote is worth four point three votes compared to the largest constituency. the an equal number of voters who parliamentary seats was made worse after parliament hurriedly pushed through a motion to redraw electoral boundaries in march despite protests from the opposition and civil rights groups terrifically the minimum the got the minimums of which the government needs to win to to carry one one two of a simple majority of suits in the parliament is only sixteen point five percent because of the smallest one one two constancy content only thirty t

campaigning on a promise to rid the country of corruption it's also pledged to remove the goods and services tax that was introduced three years ago the latest survey by my take offense that suggests the main opposition bloc. for alliance of house has made some gains it's also likely to win the popular vote. but in malaysia's first past the post system is the party that wins the most seats in parliament that takes power but gerrymandering of the melody. that has conspired over the past few years and also recently. was done in a manner to allow the bison national to continue to perpetuate its power in this country it will be a close fight jointly al-jazeera. one of the world's fastest growing tourist destinations south africa as hosting the constance biggest travel trade show this week the growth of the tourism sector there is often hindered by another industry mining which provides huge numbers of jobs. reports. it's the first time the medic easel a family has visited a wildlife park the first louis in follows a park a few hours drive from their home in south africa it's the continent's oldest r

both of you know they're worried about the rising cost of living and many of them blame it on be good then fail for goods and services tax that would be posed. about three years ago the opposition has made its part of its campaign platform a promise to remove the tax that many people feel has been very bad and raising the cost of living within the first hundred days if they get into office and then then there's also the issue of corruption in the government this is more of an issue however just been in the more rural areas which traditionally carry more weight in malaysia elections it isn't still an issue and of course we're talking about the corruption scandal surrounding the state's own malaysian investment fund one m d it's alleged that has links to or involved in that's corruption scandal as well but overall be that the issues. that are of concern to now this vote this is the first time that voting is being held mid-week the election commission chose the date it's being held on a wednesday the government declared it has a public holiday but it is still going to make it quite difficult for some people who are ready wh

andllies in hong you can see these consumer and therallying campaign pledge to nullify the goods and services tax is seen as positive and the record high occurred after the earnings beat with a target price of 8500, a little higher than where we currently are at. >> some breaking news is coming in the telecoms space and you have the adjusted and the estimates, which was just a with light of the income the mobilephone operator in south africa and they have operations and we will watch out for when that opens. withdraw from the iran accord and bob dudley says that he is not banking on this barrel rating being the norm. >> i think what we have seen is a with drawl from the agreement, which seems to be the beginning of a new negotiation. things anduld affect there is uncertainty, and that is reflective of the oil price now. any iranianurchased oil? >> i think it is good for us to take a breath. >> right. knocked ae gotten little about fiscal discipline. do you think that that was fair? market andet is the we have been really clear. you can do a lot more with capital today because of capital we have m

fact that the monetization and the new goods and services tax has broken the back of all small enterprises local people, the only way they're going to drum up support polarization. amy: that is world-renowned indian author and activist arundhati roy. her second novel has just comee out in paperback book with the ministry of utmost happiness." you can watch our full interview on our website at democracynow.org. that does it for our show. democracy now! is accepting applications for our paid year-long social media and video production fellowships as well as a variety of paid internships. the social media fellowship deadline is may 6 so apply today! find out more at democracynow.org. democracy now! is looking for feedback from people who appreciate the closed captioning. e-mail your comments to outreach@democracynow.org or mail them to democracy now! p.o. box 693 new york, new york 10013. [captioning made possible by democracy now!] çç the wind is rlly y piing upup [george koouounis] m in a atralia, a land of extreses-- extme heat, oodsds, d firere [kourounis] tthe fe ccroing thth road, just

the party or the group of parties which ran the election suggest they want to reserve the goods and service tax which is the big revenue generator for malaysia. introduceant to others. they took away some significant revenue but they are not saying how they will generate more money for themselves on the other side. the credit rating agencies are looking at malaysia a bit suspiciously. monday's see these things as credit negative. that is a shock to bondholders. it is just as well the local markets are closed. they will be closed tomorrow as well. the equity market will be a lot lower. the etf which trades in new york last night was down as much as 9.5%. an indication this is a big shock to -- shock to investors in malaysia. >> once you dig below the surface, is that a mitigating factor behind what you just said? he has to bring together for groups of people who have never worked together, they do not have much experience being in government. the same party has been there for the last 60 years. there are some smart people in the groups that are around him and he has been advised by clever people

of feed the anger at the government over the rising cost of living many people blame the goods and services tax that with the post three years ago and. that's the opposition alliance now they've been campaigning on a platform of promising to remove this tights within one hundred days of coming into power but the opposition movement has also been galvanized by the return of mahathir mohamad and it really is unbelievable that a ninety two year old politician can blend so much weight to an opposition campaign and part of the reason for that is because his party is championing molay rights so you've got molay votes as the majority and that the aft make majority in malaysia rallying behind him but of course this race at the moment it's still too close to call but thank you very much for that now we have north america for the weather and more fighting than usual for a montana spring roll this spring floods of coal say first a lot of the soil yeah but sometimes you get too close and they're a bit too sudden and we've had sudden warming. i'm not so we've got to remember i mean two weeks ago we had temp

ten years ago he says the subsidies they receive are no longer sufficient and blames the goods and services tax imposed three years ago for the increase in overall costs. but there are others who say they are grateful to. the only party that has ruled malaysia since independence in one nine hundred fifty seven. it's in places like these far from the cities that the election will be fought and won rural areas have long been given disproportionate electoral advantage here in sa about burnout the smallest voting area in the state of a vote is worth four point three votes compared to the largest constituency. the an equal number of voters for parliamentary seats was made worse after parliament hurriedly pushed through a motion to redraw electoral boundaries in march despite protests from the opposition and civil rights groups terrifically the minimum the got the minimums of which the government needs to win to to carry one one two of the simple majority of seats in the parliament is only sixteen point five percent because of the smallest one one two constancy content only thirty three percent of el

both this uncertainty and fiscal policy, they are concerned about possibly dropping the goods and services taxtting on subsidies for oil is the price rises. this could hit their fiscal position hard. it philippines is different, is a clear case for a rate hike. ,ake a look at this gtv chart inflation has gone up 4%. to 4%.get range is 3% the head of the bsp told bloomberg last week he is going to take an immediate and appropriate measures to keep prices stable. a rate hike could be in order. yvonne: it seems the philippines could be following the fed and seen this policy divergence. and this is the deputy governor's debut, back to lead the bank, where the tables have turned with inflation. look at for more charts to show you what they are up against what orr is struggling with. risk is passed in either direction, limiting that one up -- let me bring that up. bit asthe kiwi we can a the dovish tone came out in the policy statement. be a silver lining in that club because a lower key we can boost exports. in china inflation data we're going to await for the bank of england to meet. sit back and

campaigning on a promise to rid the country of corruption it's also pledged to remove the goods and services tax that was introduced three years ago the latest survey by might take offense at suggesting the main opposition bloc. for alliances has made some gains it's also likely to win the popular vote. but in malaysia's first past the post system is the party that wins the most seats in parliament that takes power the gerrymandering of the melody. that has conspired over the past few years and also recently. was done in a manner to allow the national to continue to perpetuate its power in this country it will be a close friend laurence li al jazeera. we have the sports news still ahead on the news out of the fight for survival of the swans in self and look to scape a premier league of relegation. thank you very much there was to be no fairytale finish in the french cup for third division side as they were beaten in the final two nil by paris sandra man just two hundred seventeen fans watched their opening game in this year's cup campaign bought fifty bus loads of supporters made the trip from t

pointing out the new prime minister mahathir mohamed has progrowth policies, may be reducing the goods and service taxuld create more inflation, more growth, and lead to a rate hike later this year. little bit of stability coming from the central bank in light of this election drilled we saw -- onction jolt we saw thursday. thank you. a new era has become -- begun in malaysia. prime minister mahathir mohamed has sworn in. mahathir said he would focus on growing the economy and reducing --t, labeling his preview labeling his predecessor as a kleptocrat after the scandal with 1mdb. how did the swearing-in go? delays, it was meant to happen and 9:30 a.m.. finally at 9:30 p.m. last night he got sworn in as the prime minister of malaysia. there was so much concern he the constitutional monarch may not want me to be leading, there have been tensions between sides. he did ruffle some feathers. he put a lid on the power of the royal family. for instance, the legal immunity of the royal family. eventually, 9:30 a.m. he was a sworn in. .- he was sworn in he made it clear his policies would be pro-business. it i

harry later this month. analyse their results and assess their campaigns. but that the conservatives results were encouraging. them with good services and keep taxesouncils that labour were targeting. targeting. but labourfailed in their efforts. party's performance in the local elections as "solid. last won in 2014, a particularly good year for labour. good year for labour. places where we never had those votes before. votes before. effective campaign all over the country. country. labour party has done these elections. i'm very proud of those councils. across the country. actually, we exceeded expectations. that we held at where we had a very good local government. we have done that. that. we would win one or two councils and do better than that. councils and do better than that. cities in the north as well as burrows like this in the south. burrows like this in the south. india, we succeeded in doing that. that was very appealing in different parts of the country. as the former hhad of political & social at yougov. thank you forjoining us here. there's always different... seats, sometimes every, sometimes conservative back. conservative back. d

and the gst. the good services that which was imposed -- tax which was imposed.e have a string of financial scandals, the most known of which is a part of the campaign pledge that the opposition coalition ran on was to review investigation into this scandal televised inonly malaysia but has trickled into other jurisdictions around the world. he was the longest-serving premier. we have seen a new era of politics so it remains to be seen the new chapter to begin. francine: thanks so much, sophie. how does the results affect the currency markets in the region? us.juckes joins i want to show you some of the swaps that we are looking at. day.is my chart of the this is a chart that matters. what happens next? is yourt of the problem would like a new regime that would come in and fight corruption. you would like for them to shrink the size of the public sector, tackle some of those issues. -- get rid of conception taxes because they need them. they are not a bad thing. this, possibly -- the trade that will benefit. sure bringingt someone who is a part of regime in a new

,re still light on details especially considering that they plan to scrap that unpopular goods and services tax in the 15 -- 2015.e -- sav there is a crackdown on corruption, which is a key focus of the administration. he criticized the attorney general. he said they will focus on recovering hundreds of millions of dollars that were siphoned off to the state investment firm. we're still waiting to hear what the lineup for the cabinet might look like. he said he plans to announce the heads of 10 ministries this saturday, including defense and finance. also bear in mind that part of the agreement was for him to serve as the interim prime minister until the de facto leader of the party's release from jail. he is due to be released on june 8, but the king said he is willing to immediately pardon him. there is still a long road ahead. once he is released and pardoned, he will need to stand for a election in order to secure a parliamentary seat. the waiting game continues. it also continues when it comes to details of the policy plans under the new administration. back to you. francine: thank you so

making those decisions, they will see it up and down the country, conservative councils support local communities, provide good local services and keep council taxe message is clear, if that is what you want, vote conservative tomorrow. >> karen buck. >> customs arrangement proposals first put forward last august. the first is untried and untested. the second relies on unproven technology. in any event, neither will be ready by the time they are needed, and both have been written off in europe. why, with just six months to go before a draft brexit deal is signed off, are the government still considering options that we all know are not feasible? >> i say to the honorable lady that we are very clear. we are going to leave the european union on 29 march 2019. we will be leaving the customs union, and we want to ensure that we can have an independent trade policy. we also want to ensure that we actually, we deliver, we are committed to delivering on our commitment to having no hard border between northern ireland and ireland, and that we have as frictionless trade as possible with the european union. there are a number of ways in which that can be

businesses engaged in industrial uses, some retail sales of goods and services directly to consumers or arts activities. this additional tax would also not apply to revenues received from certain nonprofit organizations or from government entities. the city would use 15% of funds collected from this general tax for any general purpose. the city would use the remaining 85% of this additional tax for quality early care and education for children from newborns through age five whose parents are very low-income to low-income. quality early care and education for children from newborns to age three whose parents are low to middle-income and do not currently qualify for assistance. programs that support emotional, cognitive for children newborn through five and increased compensation for people who provide care for children from newborn through early age five. if you vote yes, it means you want to kboes a new gross receipts tax of 1% on revenues a business receives from the lease of warehouse space in the city and 3.5% on revenues the business receives from the lease of commercial spaces in the city to fund quality education for

the negotiation table, they should bring goods and services to that table and in the services area what europe what is an important threat, which is the digital taxthat is an area where compromise can be reached. >> thank you very much we have to leave it there. thank you very much for sharing your views that was the director of ifo center for international economics. >> that is it for our show we hand you over to our u.s. colleagues for now can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. theseare heading back home.y oil thanks to dawn, rescue workers only trust dawn, because it's tough on grease yet gentle. i am home, i am home, i am home sure. mom,what's up son?alk? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us.

taxes. and then when tax cuts were passed, the businesses i've talked to said where they're taking that money, they're reinvesting in businesses. or they're opening another branch or they're producing more goods and servicessing wages, all of those good things. >> this is a fantastic week. good luck on all you're doing that week on behalf of all small business owners for recognizing what they do. >> thank you so much. >>> for more than two decades iconic designer nicole miller has remained an unstoppable force in the fashion world. her designs are adored by hollywood and music's elites southwest fans across the globe. she took us behind the scenes at her headquarters and opened up about the secret staying power in this learning from the pros. ♪ >> i want the brand to always stay young. and i don't want it to ever look like a tired brand. because i think some brands get tired. and it's their end. the longer you're in business, you always have to reinvent yourself. and you get type cast. a lot of people think we do dresses. i haven't done dresses for 15 years. we try to do that with instagram and posts on our website and the runway show. we always like to turn everything upside down and change things. ♪ >>

and gdp is in the service sector. we are good at creating service jobs. what happens in our economy here is u.s. consumers take their paycheck, they pay their taxes taxes and they owe less and less taxes. they buy what goods they need to buy. the remainder of their paycheck they spend it on services or savings. we need them to buy goods as cheap as they possibly can, to spend their money on services or savings. if we artificially raise the price of goods because of tariffs we are hurting our service economy. that's not in our best interest. so putting on input tariffs is not the objective. i really have a problem with input tariffs. i have less of a problem with finished good tariffs because you are not really effecting all the down stream production. to me really going after input products is not the way to fix a trade deficit. >> you were known for your defense of free trade. when you look back at your time in the white house. >> i am a free trader. that is not a general comment. i am a free trader. i am not protariffs. i am pro open economy. i am antitariff. when you look back at your time at the white house obviously you are associated with t

councils and we saw that the real winners were ordinary people because more people are very able to get the benefit of conservative councillors who keep their council tax law and provide good local serviceswith her foreign secretary that a pan for a custom spam partnership set out in her speech is in fact crazy. can i say to the right honourable gentleman that we are leaving the european union, we are leaving the customs union, but of course for our future trade arrangements, trade relations, we will need to agree customs arrangements willing that will ensure that we believe the customs union and have an independent free—trade policy and contain no ha rd free—trade policy and contain no hard border between northern ireland and ireland, and have frictionless trade with the european union. i will tell the right honourablejed and what is crazy. the leader of the opposition who has for years opposed the temp without i know has a policy that labour will be signing up to with no say whatsoever will stop. canape minister explain why the payment mr spent time working on proposals that the eu said were unworkable and her foreign secretary said was crazy, and she agree with her business secretary

and charlie stayt. increase taxes to prevent nhs "misery". a major report warns services won't improve unless every household pays an extra £2000 to keep the health service afloat. goodbs for prisoners — more inmates could be temporarily released to do work experience, in a bid to cut re—offending. engage in talks or risk a nuclear stand—off — north korea threatens to pull out of a planned summit with the us. good morning. of the 100 biggest british companies on the stock market,

good local councils, councillors performing in theirareas, good campaigns and demonstrating that strong record of public services and low council taxmunity. as conservatives i think we have had that strong record to put across. let's look at the pendle result, when we have been waiting to see. they hung council. let's that the figures. 2a to the tories, 15 for labour, nine for the lib dems and one to the independents. tories with one to the independents. tories with one gains. the bnp, i think that was the last... the last bnp councillor has gone. the last bnp councillor. that is one of the significant elements in that pendle result. quick thought? just pick up on a couple of things. we heard about the status quo and it is nice not to feel sad as a liberal democrat. in a way you are coming back from a very low base. you haven't much progress beyond where you might have expected? we have made quite a lot of progress. richmond. but you would expect to take richmond. not necessarily. over the last couple of years people said that is the end of the lib dems, only 12, can't come back. i think today we have proven thatis back. i think to

completely different from the average voter. different from the average voter. council tax is and how good our servicesng out young voters. problem was getting more people out to vote. a lot of people came out. which 18 months ago was an thinkable. thinkable. playing a huge part in that for labour. labour. the ageing and labour is getting younger. younger. eventually take the place of those older voters? older voters? politically motivated as people tend to think. to think. aren't as engaged on either side as is often portrayed. is often portrayed. hundreds of momentum activists and councils simply did not fall. councils simply did not fall. services delivered by conservative councils are delivering for them. councils are delivering for them. dawn, what is labour going to do about mobilising the younger voter? about mobilising the younger voter? party could form the next government? government? i think it's doing pretty well. pretty well. disappointing labour didn't do as well as hoped. well as hoped. would see 12 more labour mps and 12 fewer conservatives. fewer conservatives. interesting to see what

if they get a premium service, if they get what they want when they without ads taxed on and they can listen to what they want rather than being sent stuff, is that this is a goodace for another player because obviously youtube already has everybody using it on a daily basis. there is a market. the question is whether there is space. spotify and apple, really big dominant players, imean apple, really big dominant players, i mean google has tried its own streaming service and this is effectively a bit of a rebrand, the question is are people going to think you tube, i want to stream, or youtube, i actually just think you tube, i want to stream, or youtube, i actuallyjust want think you tube, i want to stream, or youtube, i actually just want to think you tube, i want to stream, or youtube, i actuallyjust want to go on and watch the kind of things that normally would. and for free. i am not going to pay for it, that is the difference. the brand has become known for free content, let's see whether or not they can turn it into something that becomes paid for. interesting move. indeed. it will discuss this more in business briefing but for now, iain, thank you. it w

. >> good morning, my name is angela and i'm a tenant organizer with the central city sro collaborative. although sros have not been impacted by debt service and property tax pass-throughs, we are here today in solidarity with the tenants unfairly burdened by these rent increases. the current rent board ordinance is being exploited by speculative landlords who shoulder the cost of debt and property tax. please support the legislation without amendment. >> clerk: thank you, next speaker. >> my name is lori, i would like to thank supervisor fewer for authoring this legislation to end this behavior. i'm a 28 year resident and homeownernd i am heart sick and outraged by the displacement of san francisco residents due to evictions and rising housing costs. low-income residents are replaced by newcomers with higher income. the loophole this legislation aims to close has added fuel to the fire of predatory speculation on existing housing stock. this is one small response to our displacement crisis. it is the role of government to protect the people who live here. please move this legislation forward without delay, thank you. >> clerk: next speaker, please. superv