after cointreau months -- after 4 months we plan to increase another half a million barrels. betty: which leads eventually to what? ed: a timeframe to look at. we will have a signal about where sanctions are going by the middle of december. the iranians have an election in february. they would like to commit to all of the things they have to do under the auspices and instructions. sometime in january i think the market will this million dollars a day increase over six months. we will see if they can do it. alix: they are like we should talk about their prices for opec but i will keep pumping. ed: they also said we would do this at any cost because we need to get our market share back. alix: betty was talking about inventory in the u.s. what is a concern of a global product glut. turning into products that we are not using. where are we in that risk? ed: we are in a very funny position because all products do not look alike. we have a tremendous build out from capacity going globally. build outs of capacity in india and europe. world wants gasoline. we have had a shortage of g

but the fact it is so cointreau ver shall that there is a meeting shows you how big of an event thisheir previous meetings were in 2014, but they were all very passing encounters. what is the key point of the meeting? it depends who you talk to. the russians say they want to talk about the way forward in syria. the u.s. say we want to talk about the aggression in eastern ukraine. so they both have very different agendas, and behind that, i think, is some real bought about what exactly russia is planning, not only in ukraine, but also in syria where it has sent those troops in recent days and weeks. >> indeed. >> looking at the situation in ukraine perhaps that has been more stable. and perhaps we have seen more of a push towards some kind of resolution to the situation in syria. do you think that that might play a part in the discussions that they have over syria? >> reporter: well, i certainly think that was the case. things were looking rather good if you went back to the beginning of august. i think the problems of all of the refugees coming to europe was something that was playin

take the total to 15,000 over cointreau years and there are signs that the bank is seeking other wayst profit. the hits keep coming for taiwanese phone maker, each seat t. htc. the disappointing figures, amid rising pressures. it had hoped its refreshed handset would give sales a left. shares have slumped more than 50% -- more than 57% this year. boeing said net orders for the jumbo has fallen to zero. already preparing to cut production to one playing a month as china's slowdown hit the air cargo market. cargo has taken delivery of eight 747 since 2012 and has two more on order. it remains an important customer. south korea may be set to overtake singapore as asia's top gaining hop after macau revenue from gambling is artie half of that. the rise in chinese visitors may help it take the number two spot. -- a very different market from that of macau and singapore. report onout a new the market. looking forward. it is different in structure. there are three participants. one, joined large by paradise and grand korea leisure. you can see the relative size of those on a quarterly revenue

fargo, very quickly into the top cointreau or five.at they are close together in this pack, and it is whether or not there is any separation. not too much to go in the water. about 180 meters maybe. trevor: it is a long 300 meters. these athletes will be trying to wetsuits done to their hips so they have the fastest transition as possible. the reality is, we saw the women's side of the struggle to get some of those helmets on. it was worse coming off the bike, because you had 25 minutes at 45 kilometers an hour, into the wind at a beating suit that is cold. the hands of the women's were -- frozen trying to get the shoes on. barry: do they actually practice things like getting wet suit off with cold hands? trevor: i don't think some of them, and i think they will be in trouble. badly that i have worked with, the final swim of every single , regardless of the temperatures, i make them take their suit off as it is raised. suit on takes into 10 minutes, and his aggravation with frustration. it is another skill, and i make universal time pr

could point in the absolute trough for this direction. ,> we are about 26 right now that is only cointreauts higher. you so that volatility will continue to grind on. talk to me about that. >> financing fees for many of the investors's duration. we we're talking about the next couple of weeks. often volatility, down in stock. what happened subsequent to that is to grind lower in volatility and growing up in stock. we see,lute low potentially, is about $18.30. we do not see the s&p getting back to its july high. it is about six months out from that initial volatility that point you, potentially, out to january. violence in the near term, potentially a grind from there with stocks being range bound before they revisit those new horror is -- those new highs several months out. >> another thing is that investors have been nervous since september 17 when the fed decided not to raise rates, not to give any guidance. there is no new data hour talk out saying that it could happen later this year. that was from the new york fed president. it should be a rise as late as march. what you thinking abou