kathy widener for the airport. in -- one in terminal three and one in the international terminal with a ten-year term. each less again will pay either of the greater proposed minimum annual guarantee rent or the percentage rent, whichever is higher. the mag rent associated with these three locations with terminal three -- oh, i'm sorry. that's not right. i'm going to let -- this is not accurate, so i'm going to let the budget analyst give you the minimum guarantee, but as the other leases, we do expect the tenants to be paying on a percentage rent based on previous sales. these leases were all part of a request for proposals process with spa b.r. s.f.o. ranked as the highest bidder. this concludes my presentation and i'm happy to answer any questions. >> supervisor fewer: thank you. any questions for miss widener? seeing none, let's go to the b.l.a. >> the b.l.o. is being asked to approve these leases. they're for massage and other services at the airport. spa brsfo was the highest scorer to an r.f.p. process. we s

on the fixed income side, spreads have widened a lot. once things calm down like we have seen in the past week, all of a sudden you see the money starting to come back into the long-term fixed income. jonathan: what is your stance on treasuries and how do you see the curve evolving through the year? mr. tipp: i think it's going to be a range bound year. when we rallied down to pessimistic levels we were at a couple weeks ago, that's probably going to be the middle of the range of the end of the year. we will make our way to a 2% to 3% range. right now maybe that range is still 2.25%. i don't know that it's going to go to 3.25% on the high side. may be capped at 3%. i think it's going to be a range bound year, you go between bouts of fear and greed. jonathan: just to be clear, the recessionary pricing we saw that thursday where we saw treasury yields at the front end of the curve drive lower, you think that point could be the middle of the range by the end of this year? mr. tipp: yes. i think given the debt levels that are out there, the

the widening and spread is still there and the profit growth is slowing down.igh debt levels at the corporate balance sheets, and we still have those -- we don't know where trade is going for some of these bigger global companies. all those factors are still very much in play. if the economy does pretty well in the first half, the fed is back in play. so we just don't have a driver there. jonathan: what do you think? ubs says it's premature to short triple b's. there are some people nervous about investment-grade. should they be? mr. tipp: i think the problem is and the answer is no. if you are in, you are in good shape and a good point in the cycle. the economy looks good. if you're in the right names. the problem is, if you are not in, and the range is not that wide and the transactions costs are high, then you are not going to be that eager to get in. so what you're seeing is the new issues have very good demand and then the derivatives that you can trade inside have already retraced more than half of their widening from last year. so the issues that can rea

is right in front of their face of what what is the solution here they're saying that there's a widening under obamacare of what private suckers forced into the private insurance sector have to pay between and what medicaid or medicare will pay so that's a widening of the wealth an income gap. creating inequality and distress for no reason whatsoever in order to try to sustain another just like the rent control sort of thing for another day these outsized returns for private equity and all those invested in the in the property market here is trying to. basically back rent seeking sector obamacare was a bailout for health insurance companies and yes companies or a gift more likely to say to position it and all the bailouts were a gift to wall street so if you're a health care executive or a bank you're constantly getting a gift from the federal government of millions hundreds of millions trillions of dollars if you're not part of that cobol you are the one paying for it yes and that's why there's a lot of social unrest that's the yellow vest movement in france and around the world it's th

between two thousand and three in two thousand and sixteen a widening of the gap between what public insurers and private insurers pay for the same exact health care services and order to lower per capita health care spending the authors recommend that the us should focus on what private insurers and self insured corporations pay since they pay significantly more than public insurers so that's what i'm saying is like just like that rent stabilization the rent control. that answer is right in front of their face of what what is the solution here they're saying that there's a widening under obamacare of what private suckers forced into the private insurance sector have to pay between and what medicaid or medicare will pay so that's a widening of the wealth an income gap. creating inequality and distress for no reason whatsoever in order to try to sustain another just like the rent control service is staying for another day these outsized returns for private equity and all those invested in the in the property market here is trying to. basically back rent seeking sector obamacare was a

widener with san francisco international airport.modification to existing contract with bombardier to extend the term through june 30, 2019. and to increase the amount of the contract by $5.1 million. the air train system provides year round service and consists of two lines to all terminals, garages and the bart station as well as the rental car center. 27,000 passengers use the air train on a daily basis and the system has average service level of 99.7%. so fairly high. the original contract in all subsequent modifications to this contract, to this operating agreement with bombardier, has been reviewed and approved by the board of supervisors. this final modification will extend the current contract through the fiscal year. at which point the airport expects to have a new contract finalized and that new operating agreement will come back to the board for approval. the budget analyst office has reviewed and recommends approval and i'll be happy to answer questions. >> supervisor fewer: any questions? let's then go to the la. >> good

one writing, major tffic ngestion won't be solved by any widening. another, i have many neighbors and favorite restaurants and stores that would baffected. more saying, please don't ruin rockville. supporters wrote, it's okay if it doesn't affect the property values. another says, i support expansion. present routes are too crowded. at his home today with his sons just a few hundred feet from the highway, eric lyons says he's tired of battling the brutal congestion and is glad the state is considering something big. >> everywhere youwork, you have to get on a highway to get somewhere. so, you know, people get up in the morning and their days are built off of their commute. reporter: montgomery county council transportation chair tom hucker says the state woulde wise t listen to local drivers and homeowners. this proposal in particular has generated an awful lot of public concern, and i think it's both because of the nature of it, expanding the beltway, a the process. >> reporter: state leaders tell news4 they welcome more feedback and are expected to

scottar mane has more on what some of saying and what others are waging against widening the highway.> sam's house ships its in the shadow of 270. ely aps no one is more cl watching the proposal to ease trffic. >> i'm grateful that the governor is on record saying no homes or property will be demolished. we intend to hold him to this pledge. >> reporter: more than a year ago the government announced the state would consider ambitious plans to ease gridlock on 270. so far at least 15 alternatives have been considered, including reversible lanes and widening the highways. hundreds have sent comments to the state trying to sway the i dec. using theo freedom of infrmation act, we asked for those e-mails and received them. we found an orwhelming number of those notes, one w major traffic construction won't be solved by any widening. another saying i have many neighbors and restaurants that will be affected. and others wrote "please don't ruin rockville." others saying i support expansion, present routes are too crowded. at home today with his sons, eric lyons says he tired of battling the

the next element as we work our way south is a widened throat structure. the original throat structure in gray has been shifted and slightly widened as is shown in green. this does have the effect of infecting two new properties, 589 howard and 235 second street. both those properties are proposed to be underpinned and will not be otherwise affected on their facades. just underpinned. s the benefit of shifting the throat structure as we did is you see this building in yellow in the upper left hand corner. that's 171 second street which is a historic building and in the original environmental document, it was slated for just demolition. however, do to the shift in the throat structure, we're able to save that building and underpinning a small corner of it so we're pleased to save that historic building. the next element that is added is the ventilation and egress structures. theres one located at 2nd and harrison on parcel q, a state owned property that is currently a parking lot. the other is at 3rd and townsend street and that is currently a one-storey li

one writing major traffic con kbesion won't be solved by any widening. another, i have many neighbors and favorite restaurants and l stores that w affected. other saying please don't ruin rockvie. supporters say it's okay if it doesn't affect the property values. another says i support expaouion. presents are too crowded. at his home today with his son just a few hundred feet from the highway, eric lyons says he's tired of battling it. >> everywhere you work you have to get on the highway to get somewhere. people get up in the morning and their dayslt are b off of the commute. >> reporter: montgomery county council cha tom tucker said the state would be wise to listen to local drivers and homeowners. >> this has generated an awful lot of public concern, i think both because of the nature of it, expanding the beltway, and theprocess. >> reporter: state leaders tell news 4 they welcome more feedback and ared expec to narrow the possible list of changes to the highway by ring. scott mcfarland, news 4. >>> it's 6:26. coming up, the new year and new traffictr

even if revenue growth is slowing, it is widening margins.t has a profitable cloud computing business, advertising business. those are growing rapidly, which is offsetting any concerns about slowing in the core e-commerce business. as long as they continue on this path of widening margins while growth in its core business is slowing, investors should be happy. shery: this is the first time ceo jeff bezos will be announcing results after announcing the split with his wife. do we know if there could be any impact on the control he has over his company? we don't and it will be interesting to see if that comes up on the call at all. s is thenow is bezo largest shareholder. if you split the assets into, he and his wife mckenzie most kobe the largest shareholders, but there is no special shares or anything at play like some other companies have. it shouldn't disrupt the voting power. a lot of analysts seem to have shrugged off the significance of this divorce on the company. amanda: for many years, investors also shrugged off amazon's refusal to de

one writing, it won't be solved by widening. others talking about the stores and restaurants that will be affected. another writing, please don't ruin ckville. another said it's fox it doesn't affect the property values. montgomery cone transportation committee saidhe state should be listening to local drivers and homeowrs. >> this is montgomery county. we have federal planners and congressional aides. they're all great resources. >> a spokeswoman said thees solutions are developed when all voices are heard. right. >>> it should be a good year for people filling up a pump for the first time in three years, gas prices are expected to go down this year. gas that you haddy predictson t na average for a gael of regular unleaded will be about $2.70 this year. that's down from $2.73 lastier. but iis still significantly more than we re paying in 2016. prices generally naek may around memorial day. >>> when i comes to food, it is more of a mixed bag. prices are expected to go up 1 to 2% which iselow inflation. the good news, some food l

construct the work has started the widening of a 4 mile stretch of highway foreign martinez. transportation officials say the project is expected to reduce traffic jams and improve safety where the highway connects with interstate 680. the product includes adding a third lane to both directions between morello avenue and highway 242. >>> about 100,000 people travel on this part of the highway every da the week. the widening project is important to the region because highway for connects antioch, bay point, pittsburgh and brentwood with central contra costa county. the plans also call for replacing the grayson creek bridge. that work is expected to be competed by 2021. >>> hundreds are still missing this morning after a dam collapsed in brazil. coming up, the latest in the recovery efforts on the ground. >>> big winners in hollywood ahead of the oscars. we will tell you who took on the prizes this years screen actors guild award. >>> right now, traffic is moving along well if you're driving on the bay area commute. this is a live look at interstate 80. looks good heading to th

one writing "maj traffic congestion won't be solved by any widening." more saying "please don't ruin rockville." supporters wrote, "it's okay ift i doesn't effhe property values." nother says, "i suppose expansion. present routes are too crowded." at his home today with his sons just a few hundred feet from the highway, eric says he tiredf battling the brutal congestion and says he's glad the sate is c at leastsidering something big. >> wherever you work, you have to get on the highway to get somewher and so, you know, people get up in the morning and their days areff built of their commute. >> reporter: transportation chair tom hucker says the state would be wise to listen to local drivers and homeowners. >> thisroposal has generated a lot of public concern, and i think it's both because of the nature ofit, expanding the beltway, and the process. >> reporter: state leaders tell news theyelcome more feedback and are expected to narrow their list of possible list of changes to the highway by spring. scott mcfarland, news4. >>> it should be a good year fo

one writing major traffic congestion won't beved by any widening. another, i have many neighbors and favorite restaurants and affected.at will be one more saying please don't ruin rockville.su orters wrote, it's okay if it doesn't affect t property lues. one says i support expansion, present routes a too crowded. at his home eric lyons says he's tired of battling it. >> everywhere you have to work u have to get on the highway. people get up in the morning. their days are built off of their commute. >> reporter: montgomery county transportation chair said they would be wise to listen to drivers and homeowners. >> this has generated an awful lot of public concern. i thinks oth because of the nature of it, expanding the beltway and the process. >> reporter: they welcome more feedback and are expected to narrow their possible et list of changes to the highway by spring. >>> am could go up, a new year and new traffic troubles. we take a closer look at the constuction projects t could cause a bit of chaos before improvement. lauren? >>> plus, the smithson

now this campaign aims to widen the net further.ou no longer have to attend an event to complete your 15, 25 or 50 kilometre target over the course of this month. we know that these days it is a changing world and people need to be able to do sport and activity when it works for them. if it's the middle of the day, if it's a ride to the park, if it's a walk to the shops, whatever works, a swim on holiday, then absolutely you can all do it and it isjust about building up small bits to make one bigger distance. we had only cycled around for a few minutes, but we are smiling with satisfaction that we have done the hardest part and started our journey. that's all from sportsday. you are watching bbc news. a little bit of breaking news from the us, following a meeting between congressional leaders and president trump. holding talks to try to end the partial us government shutdown that has seen hundreds of thousands of federal workers not being paid for the last 12 days. the meeting seemed to have broken up with no agreement. so the shutd

we need to widen security. isabel, ijust wa nt to to widen security.elationship. we've seen him make his fourth trip in less than a year to beijing. is turning into eight obedient battle? is xi jinping going to use him as a human shield against trump?|j jinping going to use him as a human shield against trump? i think he has been tacitly interesting because for visits to beijing but also russia. there is talk of him going to seoul. this is a young man playing his cards skilfully and he knows how to balance beam and has other needy american president, china looking to see what advantage can get out of the situation and ignores pull in putin to say i'm not boneless. —— friendless. that's all we have time for this week. do join us again next week same time same place. thank you all around the table and thank you for watching. goodbye. hello, after a brief foray into something cold for the week we are back into the milder weather is the —— back into the milder air this weekend to. they'll be tempered somewhat by increasingly windy conditions and compare by

credit spreads since october have widened substantially.ssue for the past couple of weeks and it suggests lack of access. history is showing us and shows me that when you see that kind of action, it tends to comment if it is prolonged, to lead to a slowing in the economy. at the dallas fed, we have an estimate for gdp growth for 2019, a little below 2%. you have been hearing me say in 2018 at while 2018 would be strong, we think fiscal stimulus, the effect will lane into 2019 into the impact of the take rate increases will hold and so we expected some slowing in 2019. that slowing is even a little greater than what we expected, so i am watching this very carefully. michael: have you changed your forecast? robert: our forecast has come down a little bit. we were close to two and it has been our view that by 2020, we would be trending back down to potential 1.75. the 19 forecast has come down a little bit and has been affected by some of the issues i just talked about. growth decelerating, economically sensitive industries, and what we see go

i think that two topics are really going to be hotly discussed in davos populism as well as the widening gap between the rich and the poor today oxfam the charity came out with a survey that said that twenty six the twenty six richest people in the world own as much as the three point eight billion people that make up the poorer half of the population of this planet and the gap between the two groups is widening further and further what's more there was another survey out today by evil men which says that only one in five people in the world believe the economic political and social system in the country they live in is working for them and that of course brings us to the you know elite discussion the elite in davos is has to come up with solutions for them and of course not the populist ones we shall see whether they do we'll be covering that or we come out in front of thank you. mr. from conrad to me and the business in neverland that's now back to fill again how it's. going to look at a museum that is not for the squeamish sweden has a disgusting food museum but organizers on just try

the irony that has not been lost on many people is that in the last two years, it has widened.trump needs to deliver something. he has been focused on these talks. reducing the deficit has been one of his clear goals. the chinese have been listening and they have come up with a big offer to try to lure him into a deal. >> let's say this is possible. what with the chinese by from the united states? >> you have hit the nail on the head. questionsa lot of about how possible this is. the u.s. exports $150 billion in goods per year. they are talking about ramping that up to $600 billion per year inside six years. that seems improbable. it would mean buying a lot more soybeans. to $14 billion per year now. lng and energy. more airplanes. for manufactured goods. one of the drivers of the deficit is not just with the chinese bible what american consumers buy. how do you tackle that when we will still be buying a lot of smart phones and laptops from china for the foreseeable future? >> that's talk about how the u.s. has reacted to this. don't people here want the chinese to close that g

credit spreads have widened in the u.s.ope so the starting position is better than it has been in a number of years. there are other concerns we have, primarily around demand. flows that for funds showed significant outflow in u.s. investment-grade, the highest in a number of years and of years and the question is who is the marginal fire of credit? when you look at potential -- buyer of credit? when you look at potential relative to equities and expectations there, they may look underwhelming. there is a question around demand and other issues out there, which have taken a lot of headlines. for example, the downgrade cycle, the size of the triple b market, how that may impact high-yield. these are issues that get into investors' mind. you have to pick your spots. there are opportunities on the long side, but pre-2018, most things went up in price. passed,ld is definitely we are past that inflection point. you need to be careful what you buy. anna: thank you very much. colin purdie of aviva investors stays on the program. a

shaken timing been hammered out on the on wednesday demonstrations began a bit living costs and have widened to call for an end to buy shares thirty year rule well sudan's foreign minister played down the unrest there would be and it's important to point out that the visit by president bashir to qatar comes in a much wider and complex content than passing crises personally i've been a party in the organization of this visit from an early stage way before this crisis regardless of this i can tell anyone who is wondering about the timing up this visit it is not extraordinary for one to seek dialogue with friends and brothers when there is a crisis or economic pressures to find solutions to these crises more now from al-jazeera. this is the first foreign trip to be made by president obama bashir since those protests that have erupted in his country escalated over the past few weeks the fact that he chose to visit qatar is telling and heart to him have a strong history between them. sponsored and host of the darfur peace talks for example is invested or made billions of dollars worth of investme

actually the trade deficit has widened in the last few months, not narrowed.se actually close the trade gap by 2024? >> depends who you listen to. if you listen to most economists, they would argue that trade deficits are the result of a confluence of factors, but economists aren't the ones that drive the political messaging in washington, and donald trump, one of his campaign promises was to attack the trade deficit with china. the irony that hasn't been lost on many people is that in the last two years it has widened, as that chart shows. donald trump needs to deliver something. he has been focused on these talks, reducing the deficit has been one of his clear goals. the chinese have been listening and they have come up with a a golfer to try to lure him into a deal. emily: so let's say this is possible. what with the chinese by from the united states? >> you have hit the nail on the head in terms of whether or not it's possible. there are a lot of questions about how possible it is. the u.s. now exports something like $150 billion in goods per year. they ar

' time but for sure in five or ten years time where do you see the future for your company for its widen with the mobility. yabby are currently we are investing heavily in electrical billet in more than thirty. willian worldwide heavily in china then coming europe we're building up also infrastructure for electric cars reinvesting in bettery manufacturing ourselves as well so we do a lot the next big change to come will be that the the car will become really a smartphone on wheels an internet device so we have to invest a lot in software skills in software development in platforms there's probably the next wave which we have to initiate it's will be my major task in two thousand and nineteen and then on the horizon then it comes to autonomy striving to the next generation of cars of mobility it's also requires additional investment so it's an interesting industry for the moment which. and that's it for us in business i'm stephen beardsley here in berlin thanks watching fox. news. while. i'm not proud they will not succeed in dividing us about not succeeding taking the people off the stre

wonder for many the economic boom has yet to arrive many in the middle classes are frustration by the widening gap between rich and poor. indian prime minister narendra modi has vowed to create jobs. with millions of young people entering the labor market every year that promise has proven hard to fulfill. india's farmers also feel let down they regularly take to the streets to demand higher prices and better living conditions but so far little has been done to curb impoverishment in rural areas this despite the fact that every second indian lives in the countryside. the annual budget is due on friday in india as the last one of these ten yeah there are suggestions that there will be some sort of package for farmers and the rural economy and also relief for small businesses there is growing knowledge meant that mode is big efforts to monetize asia and the goods and services starts left them in a bad place let's bring in our correspondent. from delhi what is expected from the budget this year. the this will be the last budget that the government put forward before elections which are due in me

we do still think we will have widening. obviously, we talked about sector allocation.that needs to come together. it's not just one of them. interestingactually your approach. you keep talking about diversification. how does tepper's vacation work in 2019 one in 2018 you saw -- how does diverse vacation work in 2019 when you tell -- willem: it was also across asset classes. it comes back to what period we're in. because it didn't work the higher interest rates. now, the market is concerned about the cycle. when it is concerned about the cycle, during those periods, you will have equities going down and treasuries going up. when we find we are not in recession, equities may recover. nejra: makes sense. is volatility an opportunity only if you have higher than normal cash positions? what should everybody be finding a way to take opportunities? willem: the volatility depending on what you do with it. in our business, people use volatility to enter equity markets with maybe a call option. obviously, that adds to the equity exposure. saying do it're only when you have highe

it has meant the libel spread widened out by next rate hike.xt three months,'s a lot of as expectations of numbers hikes in marks persist, you will see libel coming down 25 basis points. edwards got destroyed over december, like everybody else in her 201 k. should she be buying apple shares this morning? you talk about peaking pessimism, was means you want to acquire shares. do you apply multinationals in u.s. dominant equities? gerry: it depends what you are looking at. i wouldn't necessarily stick to one particular company, but what i would say is the reason we are still on u.s. equities is because they are still highly profitable and general high-quality. short 2000 positions and long s&p positions. tom: are you writing this down, anna? gerry: we are short the index still. there is a huge amount of quality. quality has been dramatically outperforming all other factors and likely will for the rest of this site will. cycle. there are many other companies in the tech space that we figure much more vulnerable to weakness in growth expectation in

is widened it's a major source of anger for president donald trump. once upon a time china's economic performance wasn't global news those days are well and truly gone whether it's consumers losing their appetite for i phones or turning away from luxury brands what happens in china now happens to the world. there are two reasons the countries trade figures are having an impact on the markets the first is that they offer an insight into the overall pace of economic growth and a second is that they reveal the state of trade ties with the united states. in the month of december chinese exports unexpectedly dropped by four point four percent compared to the year before analysts are interpret this as a delayed impact of the billions of dollars worth of tariffs the united states imposed last year but imports were also down by well over seven per cent. taken together these figures are fueling concerns that chinese growth could slow down even further this year there are domestic causes for this like falling car sales and a sluggish housing market. but without

however, i widen out this view a little bit,hat rain is still down, well south and west. it hasn't gotten into -- well, it is gettigi into va right now. hasn't moved into west virginia yet. all of this has to continumo to up to the north and east. it is going to head right into our area. what t expect, mainly cold rain, i think, for a lot of us. there could be a little bit of a wintry mix north and west of d.c. i'mng really not sehat much right now for that. 1 to 2 inches of rain possible with flooding. the main story will be tomorrow night and monday, when we'll have bitterly cold winds. howbout negative wind chills? we'll show you that in the ten-day coming >> negative wind chill. oh, my gosh. >>> okay. today, the 2019 women's march. demonstrators are expected to pack freedom plazan a few hours. this year is kind ofn put controversy. news 4's derrick ward is live there now. good morning to you, derrick. >> reporter: good morning again. here's at freedom plaza, where the rally is going to start and where the march will begin, as well. take a look. ge is being the s set u

police in zimbabwe have widened their security crackdown after protests against spiralling fuel prices turned violent they've made more than six hundred arrests among them a high profile critic of president everson god while the government doubled fuel prices at the weekend in a bid to ease the country's economic crisis. ok that. this is the moment zimbabwe authorities arrested evan my we are a pastor a prominent critic of the government he's accused of supporting street protests protest that turned violent in recent days. here. incited violence keitai and other forms of social media the government suspects that zimbabwe's political opposition is behind the violence if this was. to. work. in this life in. fact the opposition says the spiralling living conditions have left ordinary zimbabweans no choice but to protest. it is the cost of these that is that just if you just cause people to complete the fuel prices and that they did it. for francis i know that if you did see a lick of troops on monday the government hiked fuel prices after announcing a national shortage zimbabwe's fuel bec

credit spreads since october have widened pretty substantially, we haven't had a high-yield issue fornumber of weeks, and i think it suggests lack of access. history has shown us and shows me that when you see that kind of action, it could lead to a slowing in the economy. at the dallas fed, we have an estimate for gdp growth that is a little below 2%. me saye been hearing thes that while 2018 would be strong, we think the effect of fiscal 2019,us will wane into the impact of the rate increases will take hold. we expected some slowing in 2019, greater than we had expected. so i'm watching this carefully. >> do you change your forecast? >> our gdp forecast has come down a little bit. we are still close to 2%, and that has been our view that by 2020 we would be trending back down about 1.75%. but the 19 forecast has come down, and it has been affected by some of the issues i just talked about. global growth decelerating, economically sensitive industries, and what we see going on with credit spreads. the shape of the yield curve is another thing i watch carefully. all these things are a