and the port's m.v.p. revenue from the project's overall phases. then 2019 numbers are what was reported at the time of that project approval and it's $1.7 billion nominal over 75 years and $190 million, m.v.p., discounted at 6%. those are sort our 2019 blieps. first column that you see shows upupdates to the model based on new information and no cost increases on the horizontal, just reflecting how we've updated because the bond was issued at a certain time that wasn't reflected in 2018919 bece we were projecting the future. so the first column is nothing to do with approval and it's just how the project has unfolded. you can see that we got behind, but ahead on a nominal basis. you will see that throughout the table and the reason for this is that vertical costs are going up, and strangely the port benefits from that because we anticipate our i.s.d. revenue, tax revenue, will go up as the vertical construction cost goes up. so on a normal basis we usually do better because those are out year moneys, but c

i want to thank the port staff. an issue and it seems to have grown along the waterfront. but now that we are open and bringing everyone back and welcoming everyone to the waterfront, this is definitely an issue that we need to tackle. so it will be great to see what the pilot consists of and then most of my questions were answered. the pilot is a short term study. so it's either going to be for a certain period of time and then flow into a citywide effort or it's going to go away. so i hope that within the terms, we understand exactly what the pilot consists of. and look forward to becoming back into one. thank you. call next item, please. >> carl, you're muted. >> clerk: thank you. thank you. that would be item 11b which requests approval to extend fee waivers for licenses for use of port property for restaurants and retail businesses adjoined port property in connection with the port's shared spaces program for outdoor dining and retail activities through december 31, 2021. this is resolution 21-26. >> good eveni

not just the port commission. a couple of other options explored the existing port code authority, which allows the port commission or the executive director to close a park area under certain circumstances. we don't say with complete confidence that this is allowed, but it is something that we could explore further and there's also an option to amend the port harbor code and traffic code which are not part of the municipal code and, therefore, it does not require a board of supervisor approval. and we could look into that further. so any action to prohibit a use of the promenade would be preceded by a thorough public outreach process for the many types of users from many different places that use the san francisco waterfront. the problem on the promenade is the mixing of pedestrians with faster moving wheeled vehicles, no doubt. no matter what kind of wheeled vehicles they are -- motorized or not. building up a protected bike lane may go a long ways towards solving the problem. so it would be the commission's deci

the port city was a trading hub to eastern europe. the iron curtain interrupted the links for decades . now the city wants to return to its former glory and is hoping the chinese will help it when the silk road agreement was signed. in march 2019 tree asked was that the center of attention northern italy was slated to become a major transshipment center for chinese export. and then on to augustine, who is head of the port authority. thanks china's interest and true. yes. is proof of its growing significance vc, vc, europe is growing a lot old base nations are very easily accessible by, by the part of the, as they saw. you know, i think it is very simple. if you look at a map, you see that the school bus fruit and you go to hungary to germany, to say you arrive foster of on busing. from the nova arrange bought the city is investing even more in its rail network than in the port itself. built over 100 years ago. it's direct links to eastern europe are still there. they just have to be upgraded. but it's also at pains to emphasize that al

the port of hamburg, he stresses that this is a purely economic calculation. but he doesn't deny that political factors also played a role. charisse, he remembers the cold war and is worried about any new confrontation. this consolidation of the situation ended. it was of another cold war and method of concern for me personally. and for my business in general, for me in general, it also is as a, as a citizen of the european union, we can see that international trade for sure. bridge. we can see that to be helpful to keep in mind paid peace. the debate about the role europe will play in the trade war between the u. s. and china is nothing new and is not limited to the economy. your federal, catchy, i hope to some european leadership. because if not, europe risks becoming will fail for china. and he was saying that instead of laura can be the key player in the global arena. i hope that's what europe decides to do like when you spoke of the trigger. the politicians in rome are also gradually turning against china. human rights violations haven't been a reason to c

stay with the owner of the port. the chinese state company, costco, none of it goes to the greeks gather the number 14. i've been shaved to i think it's all about the expansion of chinese capitalism, connecticut. other, say he, the chinese has a lot of money and this is its way of the landing and asserting and status position in the world. the 1st ship to so by me we're using china is a world power. i mean, you can't overlook that or be indifferent to what is not the not unless you have any of the photo. the me me you walk good in the streets in italy and then you walker industries in shanghai. you don't need to do any analysis on the same the why can please grow at 0 percent, like here and why some other countries grow? it's 8 percent. as you've seen the past to china, you just immediately and i've been weaknesses in years over really important social and economic changes under my eyes. i've come back to europe, but, and i don't see any changes. next time i go to shanghai after a few months. i will look at the underg

the port of hamburg he stresses that this is a purely economic calculation. but he doesn't deny that political factors also played a role or easy remembers the cold war. and it's worried about any new confrontation, this rotational situation ended. it was of another cold war method of concern for me personally. and for my business in general for me in general. it also is it as a, as a citizen of the european union, we can see that international trade for sure. bridge. we can see that to be helpful to keep them and paid peace. the debate about the role europe will play and the trade war between the u. s. and china is nothing new and is not limited to the economy you bad. i hope to some european leadership because if not, europe risks becoming china. us saying that instead of laura can be the 3rd key player in the global arena. i hope that's what you decide to do that. can you spell that you're going to follow? politicians in rome are also gradually turning against china. human rights violations haven't been a reason to cut down on business so far. but worldwide

the port city was a trading house to eastern europe. the iron curtain interrupted billings for decades. now the city wants to return to its former glory and is hoping the chinese will help us when the silk road agreement was signed in march 2019 tree. se was at the center of attention with northern italy was slated to become a major trans shipment center for chinese export presented to augustine, who is head of the port authority. thanks china's interest in tree, yes is a group of it's growing significance. b c, but based on europe is growing a lot old base nations are very easily accessible by, by the part of the as they saw. you know, i think it is very simple. if you look at a map, you see that if you pass through 3 s the and you go to hungary, to germany, to say you arrive foster van busing from the northern arrange port. the city is investing even more in its rail network than in the fort itself. built over 100 years ago. it's direct links to eastern europe are still there. they just have to be upgraded. but 3 is also at pains to em

the port of hamburg, he stresses that this is a purely economic calculation. but he doesn't deny that political factors also played a role raise. he remembers the cold war and is worried about any new confrontation . this consolidation of the situation ended. it was another cold war method of concern for me personally and for my business in general for me in general, it also is as a citizen of the european union, we can see the international trade for sure. a bridge, we can see that to be helpful to keep them as a piece. the debate about the role europe will play in the trade war between the u . s. and china is nothing new and is not limited to the economy. your federal coaches, i hope to some european leadership because if not, europe risks become in china and usa or up can be the 3rd key player in the global arena. i hope that's what europe decides to do that when you spoke of the trigger, the fall politicians in rome are also gradually turning against china. human rights violations haven't been a reason to cut down on business so far. but worldwide criticism

we request an interview with the ports chinese managers. but it's the greek press officer who explains to us why. perez is so important for china's new self growth report. he's a furnace lads, european board after the crossing of sun. this is a very important for the shipping companies in order to really the port and then to use it as it's received. so they're very loud, it's vessels. the mother version says we call them starting to route from east asia where it's really the part of spite. i wish i leave here the car, go, whatever it these containers show cars and then smaller rushes for them for the rest of the day that got to go in there redistributed to many other ports of mediterranean and lexia the dock workers are skeptical only 70 to 80 percent of the containers are trans shipped, which won't create any new jobs with the profits stay with the owner of the fort. the chinese state company, costco. none of it goes to the greeks. got a number for our thing. shape. i think it's all about the expansion of chinese capitalism looking to get o

it's been owned by the chinese since 2016. china started investing in the port after the 2008 financial crisis and has made it an economic success. over the last 12 years, handling has increased tenfold. the dock workers here on here one were here before the chinese arrived and saw the changes 1st hand round. it's an honest job with it. i've managed to feed my emily, i'm satisfied with the piano g o topple, as has been working at the port since 2005 like everyone else here. he demonstrated against the takeover of the court by the chinese state company costco. along with everything has been a mess since the privatization and if you are going to get more than ever since the investor got involved here and is only interested in profit and nothing else in our situation has changed. we cannot, before the port privatized, our work was much better and easier. we worked in fixed groups back only as a team of 2. now we don't have enough people now, so that's no longer possible. now we're forced to do the work of 2 men that each one shift in 6 was cancelled. new jobs were created, but hardly any o

why is it 1st the lads, european port author of the crossing of west? this is very important for the shipping companies in order to reach the port and then to use it. i just received my hub. so they're very loud. it's vessels. the mother version says we call them starting their route from east asia to where it's europe, really the part of spite a live here that kind of go whatever it these containers. so cars and then as smaller version was those we call them free. the rest of the day that got to go and redistributed to many other ports of me today and lexie the dock workers are skeptical. only 70 to 80 percent of the containers are trans shipped, which won't create any new jobs for the money on the profits. stay with the owner of the fort, the chinese state company, costco. none of it goes to the greeks gather the number 4, i think shave to i think it's all about the expansion of chinese capitalism or connecticut. other say he, the chinese state has a lot of money, and this is, it's way of the landing at the end asserting and status position in the wor

the way the port operates, leaves room for security lapses and theft. more often than not, the equipment used to scan cargo doesn't work. a 1000000, b, c, r c dot to modify on the jays on the gym at it. and i'm the only one that i'm the i'm going to, i had to do home me lick and mckee. she has had them had to hold in a while, but it was there is little audit and oversight . proper inventories are rarely conducted. i believe those 2000 and phone $1000.00 that to $900.00 they were they moved from the ship before it was the unloaded. the missing amount was there was any move in one way or another from the ship in an illegal way. of course. what many experts have said is the size of the blast indicates that the amount of 2750 tons did not explode the us domestic intelligence agency, the f b i. and french forensic teams, provided some technical assistance in the investigation. and even though their findings have not been made public, it's believed the f b, i concluded, the amount that exploded is 500 times the evidence available so far, just point to incompet

the port welcomes more than 24 million visitors a year. economic activity here supports $4 billion in economic annual output for the city and more than 16,000 jobs. that is why we're excited to welcome back cruises this fall which brings about 300,000 visitors to the waterfront each year. our cruises will follow the cdc guidelines and we'll have vaccinated passengers and crews and we're expecting our first cruise ship in september. this fall, we're partnering with small businesses and local artists. we want to show case our local talent and create tailor made experiences for fun and enjoyment. from crane cove park to pier 29, activities draw people to the waterfront supporting economic recorpse. these will happen as we welcome cruises, cable cars, fleet week, and hopefully a giants playoff season. thank you all for coming out today supporting our waterfront, a prosperous waterfront is a prosperous city. we welcome you to come down and enjoy some of the world's best views, best food, and best experiences. and now, please join me in welcoming

what would be the significance of targeting the ports? >> since this is one of the main ports. during the meetings of opec plus, since the discussions are economic, there is a message in the long run there will be economic ramifications. there are all of the scenarios looming around what we can deduct from such a huge blast heard 25 kilometers away. anchor: a professor of conflict resolution at george mason university in washington. thank you so much for joining us. haiti's president has been assassinated at his home. the president's killing plunges the country into even more chaos. haiti was already dealing with gang violence, inflation, protests who accused him of increasing authoritarianism. reporter: the home is now sealed off, the scene of an assassination that shocked the international community. the nation's deputy prime minister says armed men you must and spanish stormed the house in the early hours of wednesday. violent street protests calling for him to step down have been a regular occurrence. there are fears his death will plunge this nation into crisis. >> i call f

it's as hollow as the ships leaving this port two-thirds empty. ateway. it's a new bridge. replacing that one right there. it was built before president biden took office. this does not connect a gentrifying neighborhood to a place like boyle heights but it does connect an increasingly global economy. president biden said he wants to make our economy more equal by paying millions of people to make stuff in the u.s. instead of importing it from the docks behind me. even though the infrastructure proposal had a lot of different and unconventional parts whether it's electric car charging stations or fighting climate change or creating clean water, they're all part of a larger goal to rebuild the american middle class and that is not what infrastructure has done traditionally, whether it is a bridge we saw downtown or this one i'm standing on right here or maybe it is a bridge in your community. most politicians say they want to reduce or combat the inequality that we all saw tonight. but it's not going to happen unless we all understand and we all def

the port seeks your authorization to execute a donation agreement with hanson. and under the terms of that, hanson would deliver 12,000 cubic yards of the coarse beach material to an adjacent site owned by the port. the port may reject any material. the port will own the material once it's unloaded at the storage site and may use it for the heron's head parks project or other purpose and either party may terminate the agreement within 30 day's notice. next slide, please. the ocean protection counsel is a division of the california natural resources agency. in 2020 for nature based shoreline resilience project to be funded from prop 68 funds. in february of 2021, o.p.c. to implement the heron's head park shoreline project. the grant agreement between opc and the port which is anticipated to be from july 2021 through may 2025. we are required to indemnify the ocean counsel and maintain and we also are to acknowledge the ocean protection counsel in prop 68 as the funding source. next slide, please. this table shows the different elements that comprise the entirety o

the port seeks your authorization to execute a donation agreement with hanson. and under the terms of that, hanson would deliver 12,000 cubic yards of the coarse beach material to an adjacent site owned by the port. the port may reject any material. the port will own the material once it's unloaded at the storage site and may use it for the heron's head parks project or other purpose and either party may terminate the agreement within 30 day's notice. next slide, please. the ocean protection counsel is a division of the california natural resources agency. in 2020 for nature based shoreline resilience project to be funded from prop 68 funds. in february of 2021, o.p.c. to implement the heron's head park shoreline project. the grant agreement between opc and the port which is anticipated to be from july 2021 through may 2025. we are required to indemnify the ocean counsel and maintain and we also are to acknowledge the ocean protection counsel in prop 68 as the funding source. next slide, please. this table shows the different elements that comprise the entirety o

.>> with the budget request with a one.2 billion dollars to modernizing ports of entry will this amountmoney take care of fentanyl and other illicit drugs coming to reports quick. >> yes they will. >> i understand the national capital planning commission recently approved final plans for the new cybersecurity infrastructure security agency and gsa estimates the consolidation the dhs component agencies would save more than $474 million over the next 30 years by releasing spaces for these agencies a 474 billion. can you take a moment to provide an expected timeline for completion of the new headquartersrs and how the consolidation project improves the mission and saves taxpayer dollars? >> i will need to get back to on the precise timelines in the development of the residence at saint elizabeth headquarters. i cannot overstate the importance of the geographic proximity to facilitate greater cohesion within our department. as a matter of fact, not only am i so supportive of the saint elizabeth project that began a number of years ago but looking at a commitment across the country to explor

. >>> you spoke to some of the union workers at the port today. what did they have to say about today's developments? >> we spoke to the east oakland stadium alliance. they are the group that's representing some of the businesses in this area, as well as some of the port of oakland workers and some of the unions, and they are saying that this project would disrupt operations at the port and threaten jobs, and simply saying that this proposed project by the oakland a's simply doesn't make sense for the port of oakland and the unions there. >>> we covered the city council ballpark vote and the mayor's response live on cbsn bay area. you can watch 24/7 streaming on kpix.com or on the kpix 5 news app. >>> new at 6:00, friends and family of a missing runner from pleasanton are refusing to give up, even though law enforcement have called off their search for the man. kpix 5 apps andriali pleasaon more >> they are still holding out hope that philip kreycik is still alive and they are expanding the search area, saying it's very likely he's no longer in the

million of investments in technology between the ports. i am looking at the projects project by project in fact i just approved the implementation ofti technology with respect to3 that were not previously operationalized. i also approved in the san diego of our border the implementation of technology to complete that section of the border and so as i mentioned before and as i am committed i am looking project by project to understand the technological needs, the mission needs and all aspects of the analysis. >> with all due respect you're not going to have any money to t do that if you followed your own budget. i know these budgets have to go through a white house process having been a director but i hope you will fight for more money for technology between the ports of entry. that's where the encounters were taking place at record levels in terms of the illicit narcotics we talked about. the worst in over two decades as you've acknowledged with regards to migrants and it's about to get a lot worse with regards to. 54 million you are not go

they will dock at the nearby port of la getta instead of the automated world. if that change enormously in the next few years, germany's folks bargain believes it can lead the way. he says it's doubling down on him ability, digitalization, and services. one thing that won't change though is the company see his contract has just been extended for another 4 years, allowing him to lead the new strategy. how about t says folks, bargain must be ready for an electric future by 2030. it's high. the german car maker has a lot of catching up to do the 5th side tracked in recent years by the fallout from the emissions cheating scandal, the autonomy. but when it comes to emissions, these is promising 0 by 2040 can hope for our business models, that means revenue and profit pools really shift gradually through 2031st from intown combustion engines, or c, s 2 electric vehicles and later to software and services. as the market is said, to decline by over 20 percent over the next 10. yes. it's the same time by 2030. the global electric, the market will be on par this i c, c,

authority personnel to discuss had dhs can better support cybersecurity to protect the port of savannah and perhaps you could comment now as well on your overall assessment of efforts to protect ports from cyber attack. >> so this is a very important area for us, cybersecurity structure agency is focus on port security and the cyber domain, and yes, senator, i would be pleased to visit georgia and visit the ports authority with you and address their concerns with respect to cybersecurity. and, of course, i would bring colleagues from cisa your most expert in that work. >> thank you, mr. secretary. finally on the same note we face a significant shortage of qualified cybersecurity professionals. this is a field growing importance to national security. it's a field that is rapidly expanding, and we need to ensure the pipeline of well-trained highly qualified cybersecurity professionals is wide open and there's diversity in the pipeline generating that cybersecurity workforce. do you agree that a priority for the u.s. government and the u.s. congress should be expanding our nati

is the largest port. and so he is one of the most important economic training centers between the gulf region, yvonne and east africa. so it essentially be an attack on the u. e. e can nomic nurse center, which in itself is a very strong message. well, that story breaking in the past hours, so we will of course, be following it here and al jazeera for all its developments for the moment. see good new bower form or non resident fellow at the gulf states institute in washington. thank you so much for sharing your views with us. thank you. and there is lots more still to come in this news hour, including, i will tell you why filipinos evacuated from the towel. k, no has more to worry about than any russian expected at any moment. india mourns of bollywood legend. the lip cool mar has died at the age of 9 p.

you'll hear from staff and the port. i would like to thank justice from the city's attorney office and my land use staff working together an want to under score that where our only underrive penalties, no criminal liability whatsoever. i have a couple of extremely non substantive amendments. remove changes to the public works code that i believe are not necessary year and might have unintended consequences for operators including long standing permitees. with that, i believe rebecca from the port is ready to present and turn it over to mr. belapine and mrs. johnson from the city administrator's office. i failed to acknowledge public works. our department of elections and department of public health. >> : thank you. will you be making the presentation first? >> : thank you. good afternoon, i'll make a brief introduction. on behalf of director, we're pleased with the way this pilot program has come together. we've been hearing from our businesses on the water front. they are cautiously optimistic about reopening and members

we need to be in support of keeping the port, the port of oakland strong and not privatizing the port for millionaires council voted six in favor, one against and one abstaining from the vote to accept an amended term sheet, aids president dave campbell said. he was unaware of the new amendments before the vote was taken, and as such does not support this new term sheet voting yes, on something that we don't agree with, or we don't have consensus around. is not an effective path forward. this will now show them, uh, if the a's are really rooted in oakland or not, because if they decide not to accept it, and they're playing hardball, it's not going to look good for the a's at all. the next step is for the two sides to enter into a binding agreement or a contract if they can get past their differences. uh one of the big things is that affordable housing. initially, the city wanted 30% now they're saying 35% so they've got some obstacles, but everybody's pulling in the right direction. they could get it done. if not, the aids will move elsewhere. they've done it twice before. we live in

he is the front man for a financier who is taking over plans for proposed coal terminal next to the port of oakland. activists have fought the project for years leaving the city to pass a no coal ordinance. but last year, a federal judge overturned the band in regards to the terminal, so talk of bringing coal to oakland is back. >> yes. yes. there are major investors who would purchase his rights to develop the moment the issue of getting permits was satisfied. or clarified. >> reporter: he said he is ready to bargain and he could promise not to ship coal and export other commodities instead if the city agrees to certain conditions. first and foremost, he wants the city to settle a lawsuit filed by the original develop for over a lease for the land and then get a promissory to get construction financing and reduce rent for the land. >> coal presents a certain level of revenue and no coal is significantly less. the question is in terms of the settlement, how do we shrink the delta, the financial delta between no coal and coal? and close the gap? >> reporter: he said oakland has a lot to g

just consider the size of shanghai port, which is scaled bank operations. it's the world's busiest and in a normal year would have handled more than $500000000.00 tons of cargo any more delays could hit exports at a time of peak demand in the us in europe. import is there are due to start restocking warehouses ahead of the year and shopping rush. and then there's the threat of soaring shipping rains. they've already increased sevenfold between shanghai and some european ports in the past year. t airy. it van is. landa is a professor of transport and economics at the university of and he joins us live now from skype. thanks for joining us, professor. can you break it down a little bit? there are supply chains by land, air, and say, is one more important than the other. well, basically we can say to, for international traits, we see that maritime transportation is by far the most important. around 90 percent of all goods, international trade travel via the sea actually. and don't go via arizona minority that goes for air and we see some more cargo coming up vi

that vehicle to the point of origin which would be where the border patrol officers let them go or the port of entry. i have a job to protect the safety and health of the peoplet of the say the of texas. that include now it preventing president biden from importing covid 19 into the united states. >> sean: you can explain the biden cdc policy mandating vaccines for americans andine if you are vaccinated, they are

the civil defense guard rushed to the jail alley ports to put up the blaze. reza.

. >> reporter: the port of oakland is the fourth busiest port in the country. watched of a cargo truck after cargo truck went into the terminal. then there's a train. wright took us into the salt light yard, part of the 50 acres where the a's want to build their new water front ballpark. >> what truckers are able to do is go to the port, pull their strucks out and stage their cargo here. >> reporter: if the ballpark is built here, drivers will have to park their trucks on city streets, clogging up the area. it is not safe for pedestrians or fans on boats. >> if you put the ballpark here, and you have an mccovey cove situation, we're going to be bringing gigantic container ships in. >> reporter: council member gayo has already made up his mind. >> i need to invest my dollars there, not on a professional team. >> reporter: in oakland, melissa colorado, nbc bay area news. >> if the city council votes yes, the negotiations with the a's and city can continue. it's just a continuation. the city will still have to release an environmental impact report on the site tha

the ceo of one of america's biggest ports breaking down what that means to you. it is all happening on this tuesday, july 20th this is "worldwide exchange. >>> good morning, good afternoon or good evening. welcome from where every in the world you may be watching. i'm brian sullivan good tuesday morning let's get to the markets and your money after yesterday's big haircut. stock futures are posting a turn around right now not nearly to the level of the drop off yesterday dow futures up 226 all this after monday's steep selloff. dow fell 725 points. roughly 2% that is its worst daily performance since october 28th s&p and nasdaq shedding 1.5% and 1% respectively. context, always, is key. even after the drop, the s&p 500 is just about 3% below the record high it hit last week it is still up 13% year to date. something to remember. >>> in bonds, the 10-year yield continues to be the big story. down again right now 1.20%. remember, guggenheim's scott minerd with the call here on this show. looking very, very smart right now. we have to look at oil like everything else

so what you see is the port of los angeles has been sending records in terms of the volume of imported loaded containers. the container volume is expressed in this standard, measuring unit of p e, you or staff for 20, for the equivalent unit where a 40 foot container contains 2 to use for the 5 months from january through may the port imported 2.37. 6 1000000 t u and loaded containers according to data from the port of los angeles. this was up from 26 percent from the prior record period of january to may of 2017. so it's a, it's that a new record, high by 26 percent of the previous record high. you can see the parabolic move, it all started. exactly. all of this data started exactly once. the 1st stimulus checks started to pour into american coffers, so it is causing some inflation is causing some friction as well. because of course, you're starting to see headlines suggesting that as china, that's causing inflation or you see signs that is big coin cause and hyperinflation, right? what interesting those to bring brought up in the context of look, china's g d p is up like 18 percent a

the water port's area. ing came from the grant program, it is short for zero and near zero emission freight facility program, a similar program is underway at the port of los angeles by the way. >>> governor newsom was in the bay area today and went and shined a light on what used to be a hotel. it's an example of how the new homeless plan will work. we have a look at the plan which could help build a better bay area. >> reporter: what a difference a few months could make at this i know where tourists used to stay and now the place has a different vibe it is a community, close-knit. >> the kind that drew governor newsom here today and led two others to have a sit-down with him who has first-hand experiences. >> what do you have now that you didn't before. >> a chance to live a life. >> reporter: about a year ago when sonoma county considered buying the hotel. it was crow verse i can't go especially in the city of 8,000 people. how could they take on a crisis that chal thenninged much larger cities. today the

the port of oakland strong and not privatizing the port for millionaires council voted six in favor, one against and one abstaining from the vote to accept an amended term sheet, aids president dave campbell said. he was unaware of the new amendments before the vote was taken, and as such does not support this new term sheet voting yes, on something that we don't agree with, or we don't have consensus around. is not an effective path forward. this will now show them, uh, if the a's are really rooted in oakland or not, because if they decide not to accept it, and they're playing hardball is not going to look good for the a's at all. the next step is for both sides to enter a binding agreement or a contract. but that's if they can settle their differences and they are plenty differences over project revenue community benefits, and we talked about the affordable housing. initially it was 30% now the city was 35% cities are all stumbling blocks, some of them that have to be worked out between the two sides and again already off to a bad start when the aides say they don't even agree or su

we need to be in support of keeping the port, the port of oakland strong and not privatizing the port for millionaires council voted six in favor, one against and one abstaining from the vote to accept an amended term sheet. he's president dave campbell says he was unaware of the new amendments before the vote was taken, and as such, does not support this new. term sheet voting? yes on something that we don't agree with, or we don't have consensus around. is not an effective path forward. this will now show them uh, if the a's are really rooted in oakland or not, because if they decide not to accept it, and they're playing hardball is not going to look good for the a's at all. the next step is for both sides to enter a binding agreement provided they can get past their obstacles. one of the biggest is affordable housing. initially the city said 30% of any new housing built would be affordable. now that's up to 35% in oakland, jesse gary ktvu, fox two news. oakland mayor libby shaft remains hopeful the city and the ball club will come to an agreement and the waterfront ballpark will be

the flood of products is coming through the port, thanks to a surge in online shopping, do the pandemic consumers have changed the way they spend money. so now they're ordering things to come directly to their home. on average, the vessels that are calling the port of oakland today. we're processing 50% more cargo per vessel them before. the port says the delays are likely to last through the end of this year, with a serious crunch coming during this holiday season. norwegian cruise line is suing florida's search in general over the state's vaccine passport ban. the company is arguing they should be able to verify passengers vaccination status when they began the sets tale from that state in august. well florida's governor run to santa's pan vaccine passports in the state back in may in order to get around the ban, royal caribbean is requiring all unvaccinated passenger's. to buy travel insurance and pay for covid testing and carnival cruise line has just announced similar fees for their unvaccinated passenger's. some angie's list subscribers can expect to get some money back. san franc

it was on the way from the port in tanzania going to the part ——it was on the way from the port in tanzania of the united arab emirates, and it has been escorted for the last leg of its journey by the us navy. what would be the reasoning, if it's possible to work that out, from iran's point of view, if it was behind this? well, we are in the world of hypothesis here because the investigation hasn't been completed. but there is no question that there is an undeclared shadow war taking place between iran and israel where they had been attacking each other�*s interest, in the case of israel, they had made no secret of the fact that they are trying to slow down iran's nuclear programme, and although they have never admitted that openly, they have certainly hinted that they have played a part in the sabotage attacks, for example, on some of the nuclear facilities. but offshore in the red sea, the arabian sea, the northern indian ocean, there have been a number of mysterious explosions on board ships, iran for example has a fairly stationary ship that's at the bottom of the red sea, that had some

and social media video showed a large fireball lighting up the sky above the port. 's ninth-largest port and she joins us now, live. so, eleni, what more are you learning about this explosion and fire? >> yeah. i mean, let's take a step back here. at 11:45 p.m., on wednesday night, i -- i felt and i heard a very intense explosion. in fact, i was in dubai marina, which is around-15 kilometers away from jebel ali port, that is behind me here. and i felt my -- my windows tremor. and i wasn't really sure where it came from. a few minutes later, we heard that it came from the port. now, authorities, immediately, said that a fire broke out on a containership that was carrying cleaning materials. and as we saw from the social-media posts, this was absolutely intense. when you are talking about that fireball that is visible in the sky. and so many eyewitnesses describing the -- the sheer intensity that was felt, very far away. people that live closer to this area described the -- the -- the -- the actual explosion as if it was going to come through the windows. now, authorit