the revenues are there. the project has the revenue to support the costs. how quickly can we get to generating those? so i will sum up. we are super-excited to make this happen so quickly. we hope to catch the tail winds of the economy that still seems like it is strong in the bay area, there are still people looking for major blocks of office space, people are still renting units. it is not the fervor of late 2015, but it is still really strong. we are excited to get underway and make this place the place that we can all be proud of that you all set the stage for many, many years ago and your staff and that we are hoping to step in and do right by it. with that i am happy to answer any questions. >> thank you. is there any public comment on this item? no public comment. commissioner woo ho. >> i want to thank the team and thank jack for presenting. i think we have heard a lot about pier 70. it is great to go into the ship of implementation. we have been hearing about all of the various phases and to see it happen. this is going to move along. i don't have a

the people in middle america are the problem, and the people on the coasts are the cultural vanguards. more and more americans are alienated from self appointed cultural arbiters. political correctness is dying. that is not the end of the store. the error of pc may be over, but it can come back. in 1996, clinton said that the era of the government was over. t the time the national debt was $5.2 trillion. today it is $21 trillion. bad ideas you not die. they fade away temporarily. the only way to ensure political correctness continues to lose is if we tell the truth, uses abrasiveness, not meanness, the false attacks on institutions. we have to tell the truth. [applause] this is the hard part. we cannot become tribal. the easiest thing is to do is to attack people who are for pc. use a hammer, and the media are the nail, and that great. when trump complains that anything negative ever said about that is not true, or when the president says there were good people marching in charlottesville, that is not him waging an effective war against p.c. it is nonsense. it is immoral. whoit actual

the data. futures up 11. futures are all over the place. dow futures are up 89. -- francine -- many otherher areas of the market are not coordinated with the equity movement. the vix, 39.14, that is historic. i have a great chart that will show across television and radio today. here is where the dow closed yesterday. price.ields, higher bond i do not know what to say. on bit-s a $500 handle dog earlier. francine: angela merkel calling topossible global partners -- the route we saw over the last couple of days may spur some people into action. the selloff deepened a little bit and we are now recouping some of the losses. the stoxx europe 600 back down 1.8%. treasuries dropping, but if you look at the dollar, it is pretty steady. tom: i got into the office about 20 minutes ago, but our team in new york has been here since 1:00. they came directly from the bars to make great charts to put this in perspective. let's begin with the first chart that shows you the gloom. we are trying to avoid the hysteria and talk about where we are. , and we are, 10% closer to a corre

♪ scarlet: we are live in new york over the next hour. here are the top stories we are covering. panding a rally. the fifth game in a row. airbus sores after a better-than-expected earnings outlook and pledging to fix manufacturing problems. that we have a bloomberg exclusive. we go around the world. let's get to the markets. they close in about two hours. julie hyman has been tracking the moves. we have built a bit of a winning streak. julie: five straight sessions. it was not guaranteed by any means. earlier in the session we saw all three major averages briefly in the red before recovering. now steady for the moment at the high for the day. we should not get too complacent. we have continued to see swings. if you look at the gains, they are pretty broad-based. only energy is lower. that has been the weakest group throughout the day. utilities recovering as we see a little bit of a back up and yields today. tech shares also strong's. -- also strong. if you take a look at the weekly performance, we are setting up for the best week for stocks overall in quite some time. for tech s

>> the yields are going up. the yields are holding quite well. he idea that they are offering good value. >> are we going to see more issuances from the severance? >the chatter at the beginning of the environment is changing, it may cost them a little bit more down the line. are you still subscribing to the view? >> i think regardless of where rates are going, sovereigns are still going to issue debt that could be a strong issue of this. how may israel signing a $15 billion deal with egyptian relationship between the former regional rivals. this is bloomberg. ♪ ♪ >> welcome back to the best of bloomberg markets middle east. partners in israel, this week signed a $15 billion agreement to export supplies to egypt. they will supply natural gas for a 10 year period./ the index rose as much a 60% or that is the most on record. the minister hailed the deal is good news. i talked to the chief economist from abu dhabi bank, how it changes how she looks at the economy. important tor more the economy is the development of their own gas market. already we ar

is the selloff over? what are the indications you are looking for? ink the selloff necessarily is over, mainly because of the resetting in on deals is not yet complete. we think they need to move up from the 3.5% area. that is not even assuming inflation of more than 2% from here. we think talks need to digest and that. growth and earnings are still good, which means more volatility for stocks and an opportunity for investors to take a bottom-up approach. guest: with volatility comes opportunity. guest: correct. theinda: have you taken chance to capitalize on what we saw last week? guest: we used it as an opportunity to buy into volatility. shiftedtility spike has to selling put options we had in the market, and also looking to capture premiums from high volatility. haslinda: what will it take for confidence in the market? despite the gains over the last few days, there is still trepidation within the market. what will it take for confidence to come back? guest: i think the market need to be comfortable that while the rate rises, when the normal reset

the laws are no good. the people we have, these people are the best. we're going to get them for you. >> thank you for the opportunity to work on this. we did already passed the criminal galeon -- alien gang removal act. had bipartisan support for that bill. democrats are on board. being a gangke member a deplorable offense. senatorsncourage our to get that done quickly. and we have seen great success when they refunded to where they need to be funded. ice, i was able to go out on a ride along last summer with ice and with our local law enforcement, we picked up for gang members in loudoun county and fairfax county. that's a zero gang member we just picked up as it were going beenth strollers, they had deported twice, in jail for killing a teenager in el salvador. some of the technology they this we could just take and put it on an ipad and we immediately could see his criminal record. themnight when we picked up, they were watching. he was covered with gang tattoos. he put his thumb on that ipad and we saw his whole record. i asked our eyes agents how

the issues are separate. the issues in the house in particular by the prospect of looking at this are gloomy at the moment, the fact they are demanding a guarantee that there will be votes on protecting dreamers as mitch mcconnell has guaranteed in the senate. brian has not made that promise. the house minority leader has been on the floor. . remarkable stretch speaking about dreamers and her desire to have some sort of deal. appear they are going to the democratic votes to get this out of the house? does that mean pelosi can get some leverage out of ryan opening the house to an immigration discussion? >> that is a key point you raised. house conservatives who don't like the fact that there are spending, theense freedom caucus demand several votes. needspected rhein would democratic votes to get it through the chamber. experience mark meadows is good with numbers. i would take that seriously. you are significant numbers of republicans that don't like that it increases nondefense spending. deficit hawks few lef

are career people. the vast majority are there to follow the lead. they understand their jobs and do what the president's directing them to do. they may have a different view, but they are sworn to follow the rule of law. the president has a responsibility to create effective leadership teams. with the are unhappy bureaucracy and the choices being made, they are not making it harder for him to find or pick people. that's his responsibility and something he owns directly. the third point is very important. -- ialked about whether mentioned the survey. on the surveyr 17 asks are you able to raise a violation of ethics? i think this is a critical question for any organization and a public sector one. when you look at the challenges the obama administration had at on,v.a. or the irs earlier this is fundamental to the problem. somewhere someone is going to do something stupid. what does the rest of the culture do? do they raise the problem? if you don't have a healthy culture, people don't raise that information

the issues. i know all of you are committed to the work we are doing. that is why i think we have the best committee, the veterans committees in the house and senate. because we work well together in a bipartisan way. and mr. chairman, ranking member, thank you for keeping the focus of today on the important work we have. this is a big deal, getting the resources right for our veterans. i do regret the decisions that have been made, that have taken the focus off of that important work. that is why i am here. i know that's why all of you are here. we care deeply about this subject. it's the reason why, to keep the attention focused on the important things that i've made , this decision to reimburse the treasury, to follow ig recommendations, and i am committed to doing what we have to do to focus on veterans and make this better. this is -- today is about president trump's 2019 budget, and at the 2020 appropriations budget. it is a very strong budget. it reflects the president's commitment to veterans and their families. provides the resources to continue

open impose it all the hotels are opening all the waters are open because the first three weeks the first responders where the mayor's right the mayor's so what i did impose that i open the roads i clean the breeze so that the current nominee will move in the city so people are common during the weekends when the days are over they are imposing so we are taking care of that but there is an health issue and so it is you that we're worry about and we're worried about people are leaving three hundred thousand people live in the sea the island come into the state. on the other rest till the end of the year there will be more people coming up here so we once a month said we are intelligent people we are working universities are open schools are open there are places where there is no power but generators no more you know it is important rico we cannot have it there we are there we are asking come from here from mainly because there are no war materials over there really are we sources are here so we are asking for the resources we have support employment impose it through the port we rec

capitol where the democrats are coming out the speak with reporters. >> i'm the chair of the senate caucus, and joined by my colleagues the vice chair of the caucus linda sanchez, and congressman bin lu han, chairman of the dnlc that we will have be joined by leader pelosi who is on the floor right now, and as you know, she is giving a one minute as well as a expect mr. hoyer as well as jim cli burp, but they are as well on tr -- j they are on the floor and unable to be here right now. welcome to the theme united for a better tomorrow. we are not where we expected to be quite frankly and we had all hoped to be in cambridge, maryland, for this conference retreat, and conference, but we are not wavering on the commitment to offer progressive agenda to benefit all americans. this year's theme reflects who we are. that we are united. democrats are united in our own vision for a better tomorrow, for a better america. the american people want to know that democrat, and what the democrats stand for. they want to know that we stand with t

forces around the world that are on the front line that we are making sure they won't have to be usedif we have strong policies and what i'm concerned about we have our generals and admirals serving as ambassadors and generals in the government. the militarization of you well i think he tends to lend us to everything is going to be a bloody nose strategy and that's why we have to swing back to the spellings of strong diplomacy and if we fail we can take care of it but that's the last option, not first. .. it's not entirely clear that the reports for the individuals were sanctioned or were not sanctioned and that they were meeting on the counterterrorism event. you remember when president trump met with vladimir putin and ham pork they established the counterterrorism working group for cybersecurity working group. some of those things have manifested that this may be an outgrowth of that. if you remember they were -- and we do cooperate. there are times when i know and i focus on the art ticket csis there are times when the head of the fsb is really the best interlocutor for coast guar

the nasdaq and s&p hundred -- 500 are up. irlines canceling flights between the bay area and hawaii. the plan to start service between oakland and hawaii in april was also scheduled between oakland and hawaii in may. it was also going to add an esther flight between san francisco and honolulu but they ordered the new jets to provide the service and those have been delayed from the company that makes the jets and there is word that boeing is working to convince the company to purchase its planes instead so check your flight. nearly 6 months after equifax announced a data breach affecting 145 million customers, a new report says 50% of people have not checked their credit scores to see if they were affected. most of the people who have not checked their credit scores do know about the hack. the report finds only 26% of adults between the ages of 18 and 37 had not heard about the breach.>>> a new report says san francisco issued more home building permits last year than in the past. a real estate website says the city issued 6200

meghan has gone through the budget. we are bringing this to the capital planning commi committen february 26th before we come back to you for final approval. they will review and hole fully give -- hundre hopefully give ul approval. i am happy to answer questions. >> any public comments on the capital budget. no public comment. commissioner woo ho. >> thank you for giving us what your presentation will be on the budget this year. we hear the $1.5 billion every year. what i didn't see this year is some of the things we did eliminate last year and how much we were able to find new financing or in some of the larger projects that got absorbed. since we are going through with mission rock and the four rest city pro -- forest city project which is mentioned. i understand the movement. it is $1.5 million or in that neighborhood. we have changes going on but it is always . >> i think this would have helped us as well when we were looking at the operating budget to give context what we are doing every other year. one year is our plann

timeframe, that's the question. there areducts out there in the wrong hands, which can be painful. if you know what you are getting into, you know xiv can happen to you. in terms of hitting investors that don't realize it, i think it is a matter of time. julia: really great insight. rachel evans who covers etf's for bloomberg news. let's give you another tech on what we are seeing as far as the markets are concerned. i'm showing you the u.s. markets. down by 1.8%. we are off the lows to we should make that point. still, under some selling pressures. similar story as far as the vix is concerned. we are higher by just over 7%. we were significantly higher early on in the session from the start of the session to the peak, up 26%. scarlet: vix was above 34. julia: we have had huge spikes, we have had come -- we have come back significantly. i want to point out, europe as well. we of started to see the selling pressure in the united states, europe also began to selloff. finished on the lows of the session. 2.6% down for the german

50 rifle he used in the shooting. they are investigating the motive. >> in 2017 the fbi received information about a comment on a youtube channel that simply said i am going to be a professional school shooter. there was no other information included with the comment. >> cruz did not have a criminal record and the family he was living with say they were shocked. lawmakers are asking tough questions about how he stayed under the radar for so long. >> all of these things happen but the individual escaped detection and then was able to acquire this weapon and kill 17 people. >> reporter: some good news from the hospital, five people remain hospitalized but doctors gave a briefing and they are all making progress. the broward county sheriff says they are receiving copycat threats coming into the 911 center, he says they are taking all of those seriously and if they find the people behind those they will be prosecuted. mike, sal, gasia back to you. >> we are learning more about the victims from friends and family on social media. a

looking after we are the executive branch and we are not the world to be justice you keep passing these laws which are so unpopular you want the the west and the i.m.f. to continue funding these anti democratic processes it's not wanting them a critical process because it is not going to this is according to your lawyers a.s.l.'s according to the international organization of some of our lawyers not all of them some of their big contest the road they are in the right to count this it but that doesn't mean that the other night we had a democracy. people are waiting for milestones they're waiting for the much delayed constitutional court yes which was probably they're waiting for municipal elections i have delayed and delayed we see a prime minister who promises that this will be the last difficult year for the people of tunis he has he's in no position to make a promise like why not well you know now that well let me first regarding the cause of the constitutional court it will be there before the end of two thousand and eighteen that there was a. prime minister pledges a p

let's stick it on the board. we aret a situation where the markets are still pricing a fed hike coming through. the question is, does that get taken off the table? do you think central banks will say, given the asset price changes we have seen, we need to rethink our policy? what do you think they go, we need to get ready, this has gone on long enough. the punch bowl is gone. : right now, they are holding firm. it looks like they are holding the line. they still want to raise interest rates. we reckon they can do as many as four this year. the u.s. economy doesn't need extreme monetary medicine anymore. you need to get back to normal settings. wobbly, continue to go things can get uglier, but the reality is right now, the reason why it doesn't get too awful is because the bond market is overreacting, or has been under reacting to data coming in. it now looks it is more realistically assessing that growth. ,e have only seen one wage bump which is a pretty isolated data bump. we are expecting inflation to pick up. that sh

the plane. i want to mention a couple things that are going on in terms of the economy. t stepped down as people are opening their paychecks and seeing what some of the administration have called the trump bump. it comes at a time when we came off a jobs report, 200,000 jobs added to this economy and what that feels like for some people who may not of worked in a while. you see the stairs going up and we will shortly see the president deboard. the stock market is dipping a little bit, we will take a live look at the dow now. the drop comes despite those new reports that the unemployment rates have gone down in the average hourly wages going up. hogan gidley joined me a few minutes ago and said look, this is exponentially better today than when president trump took office despite the dip. some strong signs of the economy. joining me now for this breaking news moment, he's going to help us make some money. >> i'm going to talk you off a ledge, i guess that's what i'll do today. >> harris: i was reminding viewers a short time ago, we are coming after 99 reports of record new

the future? mr. bush: states are where the action is in policy, and on the local level, the action as far as learning. i think it is great that secretary devos is an advocate of school choice in general. i think it is great she is a leading advocate in the country for that. it inspires and emboldens policy makers across the country to know there is an ally. there's certain discrete things the federal government might do, but i'm not counting on it. last i checked, there sort of a gridlock situation. i think the action is going to be outside of here. i appreciate -- if i had a magic wand, i would ask that the federal government create criteria of how they want to hold the states accountable, but give the title i money to the states to empower the parents. there are things we could do involving changes in law, but i'm not holding my breath. what they should not do is create well intended -- implement well-intended ideas that stifle the already-implemented school choice programs. there is a way to screw it up. put regul

it also carries on when they are home. times the different issues that are veterans face, that they need our help with, we are looking forward to hearing the secretary and his discussion about the administration's plans and certainly his plans about how we can better care of our veterans and service their needs. we look for to hearing your comments about how we can improve the delivery of health that the delivery of cost affects our states and our nations, how we can improve our infrastructure with our veterans homes and the quality of care they receive. we are certainly facing problems of homelessness among our veterans and suicide prevention, which we cared deeply about. education and training is also important to our veterans to be a will to work and to find a job to support themselves and their families. and of course getting through the system and being able to way through all the paperwork and all the different agencies that deal with. it certainly critical to the care and treatment and issues they may need some extra help wit

the fundamentals are solid. rt: what's wrong with the following idea: you sell half of any stock where you got a big gain? suppose you have stock in amazon, sell half of it, lock in the gain, sleep well at night because you are no longer risking a lot of your money, what's wrong with that? >> one you have to pay tax on the capital gains. you end up paying tax that you don't have to pay number one. number two, you have to find someplace else that you want to put the money. if there is someplace that you think is going to give you as big a return as investment is currently, you should sell and you should put it where you get the bigger return as long as the tax impact isn't too significant. if you want the stock, you think it's going to do well in the future, hang onto it. i think we're going to see a recovery out of. this i don't think -- i don't know how far down it's going to go but i don't think it's going to go down so much that it's crippling to people. we'll see a recovery and look, i'm going to buy this aft

here are the top stories we are covering on the bloomberg and from around the world. makes another move. the special counsel expanding his charges against rick gates. to start now. due there are reports you will plead guilty. talk trade.rnbull australia's prime minister tries to convince the president to return to the tpp, the transpacific partnership. they are expected to speak together shortly. and we bring you a special profile of ceo james corbyn. let's get a check on where stocks are trading right now with taylor riggs. taylor: every time i talk to you, the s&p and the dow are near the highs of the day, near 7/10 of 1% and the s&p, almost 1%. the nasdaq, the tech heavy sector is making gains as well, perhaps having it turning positive for the first day in five. it will be interesting to see what happens with the nasdaq. take a look at what is happening with the utilities. those are outperforming, up about 2.3%. those are usually positively correlated with rates falling today. you are seeing utilities also gain. let's jump into utilities a little more here. we are

financial system has been taken down and all the computers on wall street are often the markets are in chaos. i don't mean from a policy point of view. what would the execution? he was in charge? what would the results be? >> dhs would have overall responsibility for the provision of federal support in response. my role would be helped to make sure and to stand number one who is the actor so we identify who did it because if i'm going to respond i have to know who i am responding to and what i'm responding to. one of my first questions would be to make sure we understand the characterization of activity and who is the actor and what did they do? >> who would take the lead? >> dhs would have overall responsibility. >> have you worked on this? >> yes sir. i had made a long reference. the finance sector for example we have actually undertaken calls specifically. >> you repeatedly talk about integration by what worries me is whether anyone is in charge and i guess the follow-up is do we have a serious red team wargame process to be sure we are not surprised about how to react if one of the

who are the drug couriers, who are the cyber criminals, who are the money launderers and there is information within those reports so we are able to run proactive queries, or actually have employees who sit down and read the sar's, and are able to access that information. one of my goals is to work with the treasury and to ensure that information is useful to us. two major there is an effort that is resulting in information that is usable to us. we will work with him under the leadership of kevin fargo. to besto understand how use that information. we will continue in the coming months to be more effective and how we process that information. moderator: are there areas where these companies can better coordinate with the treasury and ultimately the doj? are there things you look at during the process, money laundering and anti-terrorism, and a say, i wish we could improve this? are there any suggestions you could make with how the government could improve the system? rod rosenstein: there are and we encourage feedback. many of you have the bank secrecy act. i have had conversations with compl

the negative effects are greater. these incidences of senior misconduct, even though relatively rare, not only hurt the victims but can have a lasting impact on the readiness of a unit. of seniorincident leader misconduct is too many, it is important to acknowledge that the vast majority of senior leaders serve with distinction. it is also important to a knowledge that some of the acts that the military , would not be investigated or punished in the civilian world. we need to ensure that our senior leaders uphold the highest standard of ethical conduct. we will hear from two panels today. the first panel consists of the department of defense and services inspector general. they will discuss the reporting and investigation of senior leader misconduct in addition to the types of cases they investigate. for the second panel, we are honored to have the vice chiefs of the army, navy, and air force along with the assistant, ron of the marine corps. they will discuss what happens to those investigations if they are substantia

the iranians are the ones who are exporting terrorism. they're the ones who are stoking the fires of sectarianism. they are the ones who are violating international laws and norms and unacceptable behavior. they are the ones who have been on an aggressive panth. >> martin smith joins me from new york. welcome. >> thank you. >> so i mean, you have to smile when you listen to those two foreign ministers back to back, both equal and opposite blame game. what did you think when you heard them, when you were doing the interviews and sitting with them? >> well, as someone at the frontline offices who is reading the interviews turns to me and said, reading these two interviews, it seems like a script from "mean girls." there's this immature blaming that's going on that indicates that they're not ready to sit down and talk. they are ready to continue this across iraq, across lebanon, syria and, of course, as you mentioned now yemen. so it's -- they're not giving ground. where this goes, i don't really know. >> on that note, let me just read someth

at the bay bridge. we arelooking at the south bay commute. this is a live look at 280. i'll check out what the san jose commute looks like and also the mountains. ♪ give free their fruit ♪ to hands below ♪ as thank you for ♪ the chance to grow pick your free yogurt at chobani.com >>> good morning, everyone. welcome back to morning on two on this last day of february. it's wednesday, february 28. >> it's great to be here. >> most of the state are getting ready for the biggest wingter storm of the season. >> it will be a tough commute. we had a taste on monday with the rain and cold temperatures. tonight storms could bring a lot of rain and there are concerns about flooding. >> in southern california people who live-in santa barbara, california they are worried about the storm and don't want to see a repeat of the mudslide. they are asking people to evacuate. >> as you mentioned snow for the sierra. they are planning for several feet. stores are stocking up on supplies. ski resorts encourage anyone looking to ta

where the dollars are in the department. can have any pride because there might be a better idea somewhere else. may be more mature. so, he is a testament here. we are consistently doing that. those are great organizations. they are bringing a lot of really good stuff forward. and we are teaming up those options. like i said, we manage these portfolios. the big five, back in the 1970s and 1980s, there really like the big 64. about 59 other programs are selling underneath the major systems. that is really what we have today. we manage those capabilities because we have a variety of threats that we have to deal with. the more help we can get, the better. they have access to, you know, the brightest minds that our country has to offer. >> i should have mentioned his background is also an mba in addition to other things. were discussing the outreach to the silicon valley and the other high-tech sector dealing with the acquisition process. general, please, go ahead. >> as i spoke earlier, we are looking where we are and for the la

are we looking at 10%?%, -- 8%, 9%, jasim: the fundamentals are very strong. plants across the region and we are positive about these results and it is quite sustainable. yousef: there has been a shift in ownership for the company. they took a sizable stake in that the business. how does that change things for the roads ahead for you in terms of having them on board in any or theshape, developing direction of the business differently? jasim: we are glad to have the biggest energy company in the world owning a sizable chunk of the company. there are opportunities for synergies. they have been operating across europe and asia. on top of that, we look at opening doors potentially outside the gcc. yousef: what kind of markets would you be looking at outside of the gcc? my understanding is that you are looking at markets that it is a bit of a novelty. can you run us through what markets would fit that bill? historically, the market in the gcc has been quite big for us. a strong shareholder able to open doors, we are potentially looking at markets in north africa an

inflation is low and the output numbers are stable. can you have a volatility shipped if the fundamentals aren't going to change? bonnie: you can have volatility shipped because of sentiment positioning. people are trying to figure out their view on inflation. fundamentals, the like i said, our view is that inflation overall is still going to be limited by structural factors. the friday print is still within the range of what we've seen for the past several years. the fed wants to see wage inflation between 3% and 4%. we are not there yet. they would like to see consistency in that range and we are not there yet. a clear sign that inflation is going to rise. jon: a big debate in new york, whether we are seeing signs of a regime shift. do you see signs of that? we would completely agree that the fundamentals deeply haven't shifted around growth. the key thing that shifted in the last month is worries about inflation. we recently did a survey of global investors and we found almost none of them were worried about inflationary risk. juste

the three buildings that are closest to the main are without gas. so when their gas is restored, they will have to have their the lights relit. but for everyone else on this block, they can access their home output. they are still keeping vehicle traffic off of this block because of the heavy equipment in the area. but considering they were talking about putting up overnight shelter for the people who might be out of their homes to that. but since we have everybody back into the all clear, this happened about as well as it could. >>> we had to fremont where firefighters have been battling a two alarm fire at an apartment complex. skybox was overhead shortly after the fire out around 3:20 pm this afternoon. a fighter was hurt and had to be treated for minor injuries at the scene. there is heavy fire damage to the second floor and third floor of that apartment building. the fire involved four units at this apartment complex. crews in fremont said they had the fire knocked out at around 4:15 pm, and they plan to remain on the scene for the next few hour

the ones that are suffering rights. and generally the signs are governments said it would commit one point five billion dollars in aid to yemen we spent or supported. the yemen with almost a billion dollars you know during the last three years in the form of food security and have security been as you see this little more than fifteen chems in mareeba only in addition to. the other areas in the. parts of. miss little miss money this out is a saying that they will commit one point five billion dollars of humanitarian aid to yemen what do you think should come first aid or an immediate and to the fighting the eighty this useless civilians fifty to die what's the use of aid our or our financial health if they're bombarding our yemen day and night so their goal right now is to end the war it's very worrying and very sad to see that the internationally and abby un it specifically has done basically nothing over the last three hundred days are all more stuff eleven months to be no peace talks no are the asians or no negotiatio

they are atrios. the nra wants -- they are patriots -- i have talked to them in the last few days, the nra, and they want to do the right ring. toorter: what do you say teachers who say they do not want guns in school. >> these are experts. it would be a small percentage, experts who would know what to do in a situation like that. to teachers who say they do not want guns inwe need this so thaa sudden, this horrible plague. . winky very much, everybody. thank you. -- thank you very much. ] hatter president trump: these are people who are at the highest level of professionalism. thank you very much. announcer: the conservative political action conference continues with energy secretary eric, interior secretary, ryan zinke he and congressman mark meadows. we will bring you their remarks live on c-span two. president trump here on c-span as he addresses the attendees along with advisor, kellyanne conway and others. you can join our live coverage starting at 10 a.m. eastern on c-span. ♪ c-span's washington jo

because the laws are the laws. it is illegal to come to the country and overstay, but now you seem to think enforcement has taken a step up? >> a lot of our clients are asylum clients, so they have come over facing horrific conditions in the country but they are brought here now so they are going through detention centers. we have a case in arizona we recently had a good victory on where you go into the detention center and there is no link it or anything to sleep on. you are being deprived of sleep. we have made some small victories to allow to at least permit some hygiene. a place to wash yourself. slightly humane but there is a long way to go. >> monica, you are here because this is 50 years of doing this and you mentioned the asylum program. there are other programs but what would you say you are most proud of? not you individually but as a group? >> the organization was founded to bring upon the civil rights movement and for 50 years people have volunteered their time and served to help people who should have

looking at the economic fundamentals that are still solid for the markethey have to be question. some of we doing with these investments in equities and some emerging market bonds? some high-yield bonds, what are the valuations there relative to what the market is telling us on the fundamental basis? anna: thank you very much for your time this morning. john silvia joining us from wells fargo. manus: let's have a check on the markets. are playing a nice down thinking. you have you that you have u.s. equity futures. -- you have u.s. equity futures. drop in u.s. equity markets, but they turned it around. you have this bounce at play. bond cash is closed. futures are opening. we have u.s. futures pointing higher. ftse futures pointing higher. we will see where the rest of europe opens up. we have a reprieve coming through in the asian equity session. japan is closed. that has an impact on bond trading as well. we will get you up to speed with the market action overnight. stocks take a breather. asian equities recover. willdan group follow suit? -- will europe

they are buying guns to emulate first-person shooters. theun companies are very conscious of this in trying to market their weapons to them. juan: what do you make of the decision by major corporations in america now to sort of cut their ties with the nra, get rid of credit cards by some of the financial institutions? what is your sense of what that represents? lee: i think it's an interesting development, but the nra is organized through multiple 501(c) tax entities. we don't really understand their financials because they do not disclose their donors. how much of a hit this constitutes, we don't know. it is certainly not a positive development for the nra to see so many major corporations from airlines to car rental companies cutting their financial ties with the group, but at the same time, the nra is a big money organization. they can fund raise not just from their members and gun companies and other republican donors. it is too early to see what the financial impact is. the nra will spend a lot of money this year, especially if congress

the city. and then there are the syrian army and we are one of the syrian people and we are one we are all one and we have one will. during a visit to jordan the turkish foreign minister said a deal wouldn't affect his country's resolve. if one of my kitchen. you know if the syrian regime really does enter affray into clans kurdish militia then there's no problem however if it comes in to protect them then nothing and nobody can do and stop the turkish army it's very clear operation olive branch and affray names to cleanse these areas from terrorists if it is that it would tell you. turkey is keen to avoid a kurdish stronghold on its southern border with syria so its own forces launched a major military offensive into a frame last month in a bid to expel the kurdish fighters that control the region the offensive has further complicated an already but will during web of alliances and rivalries in syria. i'm joining me now here in the studio is the former co-leader of the syrian kurdish party the p y d cell a muslim thank you so much for joining us this evening complain too much do you have a dea

the world. francine: thank you. we areetting news about the credit suisse banker that had diverted some of the money from client accounts to cover mounting trading losses -- this was five or six years ago. maybe longer because he was sentenced to five years this morning. he has been found guilty in geneva. we will get back to that. he had at the time personally enriched himself by 30 million francs. now, on to our main stocks. endedlloff looks to have midweek has come back with a vengeance. into declines, exceeding 10% from the january highs. we are in a correction, but what is next? here is what some of our guests, including william dudley, told us. >> for this to go on much further and be much more persistent, it could affect business spending behavior. that could influence the economic outlook. so far, i would say this is small potatoes. >> we have had a correction and 10 year treasury notes. those are up 10% to 12%. of 10 year a double treasuries and that has to have implications for the rest of the capital markets. >>

los gatos and mountain view in the 60s. we areweek cool and dry for valentine's day and for the weekend we are warming up with mild dry conditions. we were talking about the extended models hopefully bringing rain on the 24th and then we realized that is the chinese new year parade so we will see. >>> the san jose mayor sam liccardo delivered his state of the city address last week and he is joining us live from the san jose studio. happy monday. >> good morning. >> so, i have to say you were heckled during the state of the city address. there were some signs, i guess kind of a jab at too cozy of a relationship with google. what was that like going through that? spoke well, we expected it. we know there are folks who are not happy with the google campus. we know that folks might be unhappy with that, but they yell because they love the city. i love the city as well and we want what is best. about half a dozen folks were unhappy but 1000 folks showed up talking about progress we can and have made. whether it is boosting police forc

practice in the private sectors are. that is something that has to happen. the big difference our security clearances. there is a massive backlog on security clearances. that could be a huge hindrance in getting in talent. host: who would play the biggest role in making changes to the process? executive branch? guest: it is a combination. but the reality is the biggest the executiveof branch. the rules need to be modernized. many of the rules that govern how the executive branch brings in talent and pays talent are 70 plus years old. the pay system was designed in 1949. so, most of it really belongs to the part of the leadership, the political leadership. needly, political leaders crisis management and policy development. host: back to your calls. ben. from virginia. good morning. caller: thank you very much to c-span a for taking my call. i want to start by saying to the gentleman, i really appreciate the effort of what you are doing. but i have some serious concerns with a couple of statements you have made. i have been

the south. around lake tahoe there are some places in the single digits. it will be a big-time snow event for them. there are increasing clouds this morning. this will be a good system. the rainfall looks very good. the snow will be measured in feet by saturday and sunday. what do you have a cell -- cell? -- sal? >> i want to make sure that my voice does not go out by tomorrow. tomorrow is a big traffic day. traffic is moving okay. alejo it is a good -- but alejo is a good drive. it is a good-looking commute. here's a look at the bridge. here is traffic on 880, it looks very good. at the bay bridge it is a light. remember how we show you the flags almost every day? this morning there is not a lot of wind. we are looking at the flex to see what is going on, right now there is not much going on. let's go back to the desk.>>> students in parkland, florida are returning back to class. it has been two weeks since the shooting. teachers have been meeting with counselors to get ready for today. here is some video of students returning to class. it is a different d

is that what you are hearing? theferential —— similar to the war in syria. if the us is going to engage in yemen, it has to understand what the houthi's want.|j hope we are trying to back channel information and there was an opportunity when one of the houthi negotiators went to iran where they had abducted and were releasing. he sat there with the intention of being available to international western diplomats to discuss this issue. work there the sun watching who talk about the hypocrisy of the united states in the uk. we have had a former government minister who is the only british pollen —— politician who has been to yemen. he said we are dangerously in danger of becoming complicit in the saudi policy towards yemen. we are arming the saudis. the american government is in the same position. it is difficult to do so is the assaults from the impact the air campaign has over yemen and the humanitarian toll. it makes us less than an honest broker when we try to speak to other parties in the conflict. we have the white

and here are the rates. there need to be this interim initial step. >> thank you. >> randy scott: are there any other comments from the board? >> those 36 drugs. we should be able to see those. but also i remember in the past when we had issues like this, sometimes with a doctor's note or something, that it could be a special drug and it wouldn't be charged at this higher rate s that still possible? >> not with the current plan. >> yeah. at one time -- >> but the director is saying that there are exceptions that have been made. >> we have made exceptions on the self-plan because technically we are paying directly. so insured plans, typically no. and blue shield is a hybrid plan. it's flex funned so that's a discussion that i certainly can have with blue shield. >> randy scott: are there any other questions, comments? -- >> is this only specific to health services? or are you doing it -- >> it's for the commercial arts group book. >> your book of business for commercials? and are you doing that for everybody f

the radar. alix: what else are you looking at? concern right now, the big marketing is to get past this spd vote into next week. brexit will be something for people training the pound that will be increasingly more interesting. i think volatility will rise. i think those two things for the next week or two will be the most concern on the side of the atlantic. david: what is the next big development in brexit, what we get clarity on? richard: we have to get a bit more clarity on exactly what the u.k. position is, relative to what the eu has presented today. we have a big speech from theresa may tomorrow. that should lay more of the groundwork for what's to be expected as these negotiations continue into next month. david: do all the member states have to vote on a transition itself? when do we have to get to the parliaments to have them ratify a proposal, they get to it? richard: i think we are still probably a fair while away from that. we to get an agreement in principle and that ratification needs to happen in the eu parliament.

all of the ingredients and requirements are on the table. they are there. we have a robust growth. th in the euro area. we have a rising investment activity. we have a decrease in unemployment. we have very generous financing conditions for private households and corporate. inflation will come in the medium-term and that is our goal. price stability will be there. and that is why i think that, in this year, we can accept the net purchase of our program in order to balance and start coming back to a more normal monetary policy. ramy: that was ecb executive board member sabine loutenschlager speaking exclusively with matt miller about the progress of the bank towards inflation targets and its timeline for concluding qe. let us get back to the u.s. and the outlook for fed policy. liu sat downtty with neel kashkari. she asked him if rising bond yields and jitters in equity markets have raised the risk of recession. >> one of the recession risks i was looking for was the flattening of the yield curve. it has now steepened which is a good news sign as opposed to stocks falling. and the fe

i own the kre. there are areas in there i still like some of the regionals deregulation, there are all kinds of reasons to like both sides. the big caps and the regionals we never have seen the m & a pick-up people expected. we haven't seen it yet. >> we are seeing leadership in technology switching gears the bank stops doing nicely. in china -- >> killing it. >> ali baba. they are up 3% >> what are the stats? i don't know this. >> what's the t? >> ten cent. the game maker >> tyler, everybody knows. >> come on >> fangs and stabs vicious. >> technology strength we have talked about it for a long time. what are some of the biggest strengths. financials are number one. technology you look at most of the names you brought up they aren't the high flyers. yes, amazon is doing well. >> 1500 for the first time >> nice upgrade. it's amazing what they have managed to do. >> stab me once, shame on you. stab me twice, shame on me >> i'm a big fan i know something i have seen a lot of this stabbing going on out there. >>