the chairman of our asia- pacific subcommittee. >> mr. chairman, you're absolutely right.sy question, but when you start your quest from members of the united states senate, we hope you're respect will continue. thank you very much for being willing to step forward and continue in public service. we thank your entire family, as and, vicki, itz, is great to see you. during my first term, i was fortunate enough to have a seat ofthe united states floor the senate next to senator ted kennedy, and it was a remarkable opportunity. as senator menendez said, your uncle, that is true. standing up for principle and moving the process forward, so we know that spirit is in your family, and we thank you very much for your willingness to move forward. mr. ambassador, it is great to see you. well,present japan very and we know that your presence here just underscores the importance of the relationship between japan and the united crowley,nd congressman i am glad we had a reason to get you over to the senate side. thank you for being here. we had a chance to talk, and a lot of the issues

asia-pacific maybe only 18% or 20%.ou can see there is a trend that is growing in the asia- pacific. you also can see the membership in the asia-pacific, the only place that have grown in the past few years. there are a lot of conference, conventions that move their meetings from europe to asia, to shanghai, maybe to beijing or even ho chi minh city. >> really? these cities are also posting there he stiff competition for taipei -- posing very stiff competition for taipei. what are some of the things according to the icca ranking that taipei needs to do to become more competitive, more attractive to international meeting organizers? >> if we want to attract more international meetings, it is a long road to go. for example, sometimes it takes you 10 years. the rotary club, the annual meeting, it takes you at least eight years. which means -- and government sectors play a very important role when we want to attract some international meetings to come to taiwan because the concern is not only the room rate of the hotel and

a recent united nations report on sexual assault in the asia pacific region revealed some disturbing trends. more than 10,000 men from bangladesh, cambodia, papa new guinea were asked questions like, did you ever have sex with your partner when you knew that she didn't want to, but you thought she should because she's your partner. and did you have sex with a girl who was too drunk to say if she wanted to or not. the answer was yes. the common motivations men had was they had a right because the woman involved was a partner. the second was the man was bored and thought it would be fun. the third was punishment, the man was angry and wanted to get revenge. the one of the lead authors of the lead study, a research specialist for the united nations partners for prevention program. here in our washington studio mary ellsberg, and still with us from new delhi is kavita krishnan from the women's association. this could not have been an easy survey to conduct. you're asking very personal questions, and asking men what they've done. you didn't go out and say, did you rape a woman? you're ask

i guess with respect to the asia pacific, we have 10 wing, nine bases, that's not going to increase. we're not going to build more bases. what we do like to do is row nate forces into the asia pacific area so they train and learn the area and train with allies. is that's what we're looking for. do we have enough resources for that? the demands on the air force today? no. if you look at the demands and look at the air defense alert requirements, we don't, what he would like for him in his ar, we don't have enough. but you know the fore size construct, how do you determine how many squads you need. and that's one being decided. today we're short. >> china has emerged as a concern given the increasingly assertive behavior. laying claims to the south china sea. it's invaded philippine territory. they're increasing tensions by the day with gentleman. concern ready you by the actions? something that keeps you awake at night? >> how they're acting, in some ways, they're a rising power. there's no doubt. they're a military capabilities and technology capacity and capability are increasing. p

chair examines current issues in international economic policy, with a particular focus on the asia-pacific. but i should also say that matt previously served as the white house coordinator for the east asia summit, for the asia- pacific summit, but he also served as director for international economics on the nsc staff and was responsible for the g-20, g-8 and other international forums. and with that, i'd like to introduce my colleague matt goodman. >> ok, thank you, andrew. thank you, heather. so the president will be participating in the eighth g-20 summit on september 5th and 6th at the constantine palace in strelna, outside st. petersburg. when andy gets here, he can tell us how to actually pronounce strelna, and not to mention st. petersburg. the g-20, as you know, just to recap, is a gathering of leaders of 19 individual countries and the european union, which has its own seat, and then another five invited guests, including spain, singapore and a couple of african countries that i've forgotten at the moment, tanzania, i think, ethiopia and one other, and then a number of internatio

a positive and constructive role in safeguarding peace, stability, and the development in the asia-pacific. as president xi jinping aptly point out, the vast pacific ocean is broad enough to accommodate our two big countries. the asia-pacific has been the home and root of the chinese nation for thousands of years. therefore, we hope that the united states will also respected china's interests and concerns. the taiwan question concerns china's sovereignty and integrity. it bears on the national sentiments of its 1.3 billion chinese people. right now, relations enjoy the momentum of peaceful department. it is the common desire of people on both sides of the straits to have peace rather than bore, cooperation rather than confrontation, and exchange is rather than estrangement. gradual integration of the two sides through two-way interactions and cooperation will lead to ultimate reunification. this is a historical trend that no one can stop. for many years the taiwan question has been a liability in china-u.s. relations that undermines mutual trust and disrupts cooperation. however, if the un

the asia pacific is the world's fastest growing and the most promising region. it is also home to most of the hot spot issues. china and the united states have more converging interesting and interactions in the asian pacific more than anywhere else. it is both possible and imperative that our two countries start the building of this new model of relationship from the asian pacific. just think if china and the united states can avoid conflict and confrontation in the asian pacific, there is no reason we can't co-exist in peace in other parts of the world if china and the united states can respect each other and conduct cooperation on asian pacific affairs, there is no reason we cannot work together on other issues. how to turn the asian pacific into the testing ground for our new model of relationship, i think the following two points are extremely important. first, china and the united states should genuinely respect and accommodate each other's interests and the concerns in the asian pacific. china respects the traditional influence and immediate interests of

here in the asia pacific it's 21 million it's re relevant to y of our economies. they' the importance of it. they understand the importance of it in terms of helping our economies grow. they need to make sure it's descent and productive. these are people whether who are helping our friends and families and loved ones. we need to make sure thar we have descent work for them that's rayed out to the rest of the society. >> right, it's point blank by this. opama administration says they have no use for it. any chance any of these major areas where they are employed? >> i think we have to be careful. we have to understand that some country, some economies have these things covered in to international laws. we talk about the gulf states. we know there are issues as the philippines and saudi arabia looking at these issues. this doesn't stop ^p stop the bl agreements. roughly 45% of these workers are missing any paid rest period or annual leave. if we want to make sure that these people are taken care of our loved ones and our family we need to treat them in the best ligh

. >> now it's really asia pacific in the lead slightly.ific in the lead in a big way with only 20% of demand coming from the u.s. >> on consumer confidence, a little light. 79.7. we were looking for 79.9. >> twitter is leaning toward listing on the new york stock exchange though there is no official decision been made. >> some may disagree. but i believe america is exceptional. in part because we have shown a willingness through the sacrifice of blood and treasure to stand up not only for our own narrow self-interests but for the interests of all. >> if you really want to help the team why not have the guy sitting next to you suit up? >> he is going to spend some time on the court with the players. >> cnbc has learned that the federal reserve is contacting certain news organizations to discuss the procedures surrounding the fed's lock up room. in particular the lock up room that happened on wednesday during the fed's no taper decision. >> revenues stink in the banking industry. we still think this decade will be the worst for bank revenue

the asia pacific is the world's fastest growing and the most promising region. it is also home to most of the hot spot issues. china and the united states have more conversing interesting and interactions in the asian pacific more than anywhere else. it is both possible and imperative that our two countries start the building of this new model of relationship from the asian pacific. just think if china and the united states can avoid conflict and confrontation in the asian pacific, there is no reason we can't co-exist in peace in other parts of the world if china and the united states can respect each other and conduct cooperation on asian pacific affairs, there is no reason we cannot work together on other issues. how to turn the asian pacific into the testing ground for our new model of relationship, i think the following two points are extremely important. first, china and the united states should genuinely respect and accommodate each other's interests and the concerns in the asian pacific. china respects the traditional influence and immediate interests of

let's see how other markets in the asia pacific are opening this tuesday. >>> people who suffer from a degenerative motor disease lose the ability to control their arms, their legs, their face. patients with als as the disease is known, also lose their ability to speak. but therapists at a tokyo hospital developed a device that speaks for patients who can't. so people who've lost their speech have found a way to keep their voice. this man suffers from amny owe troughic lateral sclerosis or als. it causes all his muscles to degenerate. eventually als patients lose their speech. before that they can record all the alphabet sounds and their favorite expressions. an occupational therapist came up with the idea of the speech software. he edits the sounds, and adjusts the recorded voice until patients are happy with it. >> translator: if we can create a close enough likeness of the voice, others will say, ah, it really is that person. >> the voice software has given this patient's family emotional strength during his illness. as his als progressed he had trouble breathing. in april, a resp

so as we shift our military focus to the asia pacific, we cannot ignore our commitments to the middle east, to stability in the persian gulf, to an enduring presence in afghanistan, to hunting down the terrorists that would threaten the united states and its people, and when the commander in chief sets his mind to action, the world should think he believes it. when the commander in chief sets his mind to an action, the world should think he believes it. frankly, the president didn't exactly inspire confidence when he distanced himself from his own red lines in stock home last week. it is long past time the president drops the pose of the reluctant warrior and lead. you can't build an effective foreign policy on the vilification of your predecessor alone. at some point, you have to take responsibility for your own actions and see the world the way it is, not the way you'd like it to be. if you wish to engage countries that have been hostile, so be it, but be a realist. know the limits of rhetoric and prepare for the worst. for too long, this president has put his faith in the power of

football championship the asia pacific called christian organization. games. question is. your questions you mentioned some advance but what is your question. what are russia's initial intentions in sponsoring said share in hosting such events in russia. so your first question was some about russia china relations you're right china. but. for us. and i don't mean. china russia is number one hundred. thirty three are treated to turn old. dollars more than a human being. but if this is not only reason why don't we would russia russian china's really. stepping up. we are thinking. you know it's called going to. manufacturing. and building the airliner here there are. parade you know every culture nuclear energy and. chinese. trust. you know that currently. we are working with. and we work with. third and fourth in the navy in the war really have to reduce so this area of cooperation and . operation this is very important and of course. you know that gazprom has a lot of land to supply china liquefied. just recently when you invited. chinese you are curious they will work toge

we bench mark the asia-pacific.our home port migration to 60% less, 40% east continues as ships are being commissioned and as ships come out of overhaul. it is continuing apace. it is also about intellectual capital. we're continuing our advanced exercises and we are stepping up a little bit our operations with japan, with the republic of korea, with australia, singapore, with asia wants to do more today, and i want to meet starting this weekend and into next week with my counterpart who is the head of equals liberation army navy as we continue our relationship evolving and maturing of that relationship. you probably know today we have three prc ships going to hawaii. there are two headed to south the hospital ship continues operations. we have operated with them recently. there is an evolution going on, and it is about the intellectual capital and capacity as we look to the asia-pacific region. i took a trip in may to japan, the republic of korea, and singapore and put eyes on what is happening out there, and the m

as joshua mentioned, i come from the community, spent eight years working at the asia pacific environmental based in oakland organizing low-income people of color, asian immigrants and refugees to be champions on the environment. and working on environmental policy from climate change to energy too big fossil fuel facilities like the refinery in richmond, and looking forward to bringing that experience and work to san francisco and really broadening our scope of who is involved in making environmental policy in the city and also really helping to advance the city's leadership in this area. so, thank you to the president and looking forward to meeting all of you and working with all of you in the future. >> thank you. thank you very much, roger. >> excuse me. >> yes. >> what was the correct spelling of his name? is it kim, k-i-m? >> yes. >> thank you. >> so, if we can -- yes. >> i want to make a note roger has promised when he gets his contact information he will make it available to monica and we'll circulate it to all of us. >> thank you very much. if we can now go to public comment. let's

i this is it is really important for global purposes, and the stability of key regions like asia pacific and the persian gulf that the u.s. respond to this violation of a declared u.s. threshold be met in the most effective way possible. i'm confident the president has his eye on iran in formulating the broader strategic response to this course of -- to these developments. so that's sort of something we should keep very clear. i know he considers it one of the foremost challenges in his second term in terms of the security threats' united states and u.s. interests. one big caveat on everything i have said, we are going on leaks. we are going on reporting. we haven't seen the leaks play out yet. for all we know it could be an operation that meets the requirements that i just talked about. boy, would i love to be happy when operation "whatever it's called" is going to come out and do zpactly what most observers who have very high stakes in the u.s. response will be looking for. i'm hopeful that's the case. i think i'll end my remark on that basis. >> barry, thank you very much. i can only

this trend is now moving not only from the united states to europe but readily to the asia- pacific area as well. >> what are some of the similarities and differences between the concept of cloud computing and virtualization? >> virtualization to me is one of the enabling technologies for cloud computing. two of the major benefits of cloud computing the notion of always on and inelasticity. virtualization happens to be able to support that. simply put, virtualization is a technology that can abstract a piece of hardware resource into virtual services. becoming virtual services or resources exit much easier to manage it. no longer you think of a computer as hardware. you think of it as a file. like whatever you can manipulate in your folder. it makes it very easy to manage. on top of that, to maximize utilization of your hardware resources and encourage a marketable entity to share the resources simultaneously without interfering with one another. >> with the advancement of cloud computing technologies, one thing that is clear in people's daily lives is we are going to be buying less phys

we are pivoting to the asia pacific and cutting the military budget. these cuts total $1.2 trillion. we are now considering strikes on syria while the military budget continues to be cut. i share president obama's concern about the use of chemical weapons. i am also deeply concerned about the united states standing in the region. the president put america's cards on the table. i am equally concerned about the conditions of the military in years of fighting and the lack of certainty. we have not had a budget and determine this office. they do not know really what they have to spend at the end of this month going into next year. it is not a way to run an organization. we cannot keep asking the military to perform dangerous mission after mission, including sequestration hanging over their heads. through miss clarity of purpose and leadership, the president has power to lay many of these concerns, and i look forward to answer these questions with your testimony here today. >> thank you, mr. chairman. i think the witnesses and secretary kerry and general de

the asia pacific is the world's fastest growing and the most promising region.d states have more conversing interesting and interactions in the asian pacific more than anywhere else. it is both possible and imperative that our two countries start the building of this new model of relationship from the asian pacific. just think if china and the united states can avoid conflict and confrontation in the asian pacific, there is no reason we can't co-exist in peace in other parts of the world if china and the united states can respect each other and conduct cooperation on asian pacific affairs, there is no reason we cannot work together on other issues. how to turn the asian pacific into the testing ground for our new model of relationship, i think the following two points are extremely important. first, china and the united states should genuinely respect and accommodate each other's interests and the concerns in the asian pacific. china respects the traditional influence and immediate interests of the united states in the asia pacific. we have never thought about p

we would not have to deal with the situation now in the asia- pacific ocean. i think right now there was a suggestion that you would write -n op-ed and put it on your prvda. >> could i mention on that really quick -- don't ask me because i still don't understand vdas.ere are two pra one of them said it was on a hardline communist.we will see which one accepts it. >> my question is i feel that -- the string stopsat home. you said that president obama was not very strong. i believe and i applaud president obama for everything he has done. he stayed engaged. he got united nations involved. russia is involved. he is still trying to degrade the capacity of assad and his with the weapons. support of nations. from your point of view, could you get back to the republicans and work on the debt ceiling and sequestration? >> thank you. i think we are hearing about four questions. >> very briefly, i do not know what will happen. spending bills originate in the house of representatives. i really do not know what will happen. we have seen the movie before of shutting down t

i was in asia last week with 15 defense ministers from all over asia pacific discussing this, meeting with leaders in countries of those areas. the n.a.t.o. allies, all three of us have been talking with our counterparts all over the world, what the white house is doing, what the president is doing, we're still involved with the united nations. those tracks are being run in addition to what we're talking about here. one exact point on the purpose of this hearing, general dempsey said this morning at the senate on services committee when asked about the violation of the chemical weapons norm, 100-year-old norm, well, is it that important? is it that big of a deal? one of the points that general dempsey made, which is exactly right, and we start here, this is a threat to our interest, to our forces, to our country. allowing a tyrant to continue to get away with the use of chemical weapons. that's a real threat against us. >> adam kissinger of illinois. >> thank you, mr. chairman, thank you. i know you've had a couple of very long weeks, i'm about to support this, but i'm going to say at

starbucks is a play on growth in china and the asia-pacific region. seen incredible growth there. store count is up and they're continuing that. and even with that enormous store growth, we've seen revenue growth up 111% for that region compared to 25% in north america. but the per store revenues are actually still lagging the rest of the world. there's still enormous upside despite those massive numbers i just told you. i think starbucks has a much better fundamental story. >> j.c., let's take a look at the charts. what do you look at for starbucks. looks like a chart you want to own for the last year. >> that's true. what i really like about this chart, i think it has upside potential. the reason i say that, if you look at a chart, you see two very bullish patterns that have developed over the last 18 months. they're both rounding. for the sake of this story, we can call them coffee cups. the first occurred in 2012 and ended in 2013. as approach approached the breakout point momentum picked up and shot higher. last coffee cup pattern in the last cou

asia-pacific is a little more mixed than normal.ng well for us in the last quarter, as an example. china a little more challenging for a number of reasons. but if i could switch a moment, maria and talk about innovation that's occurring and talk about cisco. if you watch what is occurring in our industry, the big growth areas are cloud. we became the incobecame the nu one cloud provider. mobility, growing 30%. it used to be our weakness. mobility is now our strength. you think about server technology with storage and computing serving coming together. we're the number two x86 player in the world. the concepts are moving onto the internet of everything, as you alluded to earlier, is the next big play in technology. we're very well positioned. as you said our innovation engine, with example of announcement yesterday in terms of the ncs system, fastest technology, more than just router. it would download the whole netflix library in one second. before anyone says, wait a minute, do you really need that power? >> yes, we do. >> we annou

about to give their verdict on it, whatever you want to call it, starting with traders in the asia-pacific region. they are hours ahead. just a moment we're taking you live to hong kong and london to find out what it looks like for them and their international playbook. david: that should be fascinating. former congressman and presidential candidate, yep, ron paul the nation's most outspoken critic of the fed. he is here live to give us his reaction to today's fed decision. whether he thinks janet yellen should be the next fed chairman. you don't want to miss this coming up. liz: all that takes us to today's facebook question. we love to have you in on the question of the tapering decision. do you think the fed took an easy way out or is it so hard for them to make that move. log on to facebook.com/afterthebell. we'll let you know what we think. don't go away. lots of breaking news. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dingin

we saw the president announced the strategic pivot to the asia-pacific region. ..detention of trifs as well as the return of an old idea that terrorism should be treated as a law enforcement matter. after a decade long counterinsurgency in afghanistan we've seen the failure to invest in the modernization needed to make this pivot to asia meaningful. specifically, his failure to make the kind of investments that are needed to maintain our dominance in the asian pacific theater in the kind of naval, air, and marine corps forces we'll need there in the years we'll need there in the years could have tragic consequences down the road. his domestic gypped today also obviously had serious implicationssl for our global standing while borrowing trillions and wasting taxpayer dollars here at home, the president has imposed a poll sieve austerity at the pentagon that threatens to undermined our stablizing presence around the globe. of course we've seen how eager the president is to declare an end to the war on terror. unfortunately the world just hasn't cooperated. they haven

acquisition from asia-pacific region on track to be the highest. >> it's better fiscal situation, right? doesn't seem like it but we used to have trillion dollar deficit, now $600 million. no taper now, december, whenever you want to call it, at some point we have to raise interest rates. i think the dollar is smelling that already. that has to deal with currencies. with the dollar strength it's better to buy other companies in other countries. >> i heard you say something about the dollar? >> yeah, we're at lowest levels since february. one other thing, nobody talks about and i read more and more articles about it, but one of the most bullish aspects of the stock market is lack of supply of stocks, isn't it almost that simple? >> yeah. buying back stock left and right. that's a good point. thanks, everybody. >> thanks. because you have lower interest rates, companies issued buy back. they elevated stock prices. >> we'll leave it there. appreciate your time. we are awaiting a statement from president obama. we'll bring you that as soon as it begins. we know the statement is happening in

marching to a nuclear weapons capability, credibility with other parts of the world, pivoting to the asia pacific region. other areas are looking to the united states to keep that region stabilized by their fear of the rise of chinese power. so what we do here does have implications globally in terms of what role the united states is going to continue to play in providing for a stable environment globally. so what happens here does have consequences. a failure to take action has consequences but taking action also has consequences in terms of what's the reaction going to be? what will the russian ships do off of the coast of syria? will they try to interfere with the u.s. operations? will they try to forewarn syria that missiles are on the way so that they can move some of the targets that might otherwise be in the kill zone, so to speak? there are a lot of moving parts to this. i think members of congress have an obligation to get as much detailed information, war planning, as such, as they can, and then make an informed judgment: is this in america's interest to take action? and what are the co

growth and the number one market, 29% of all the revenue passengers kilometers are coming out of asia pacific. >> how much of snap, john, is china as well as asia? >> china is a big market. part of it is getting people into the big cities. once you get into the big city, you start becoming middle class. you have reasons to travel. it might be business, it might be vacation, and it might be visiting friends and relatives. you travel back and forth for a lot of holidays during the year. but the number one market today, as you can imagine, is domestic u.s. just take a flight at laguardia and watch the conga line out there trying to wait for takeoff. in 20 years, the number one domestic market by far will be domestic china. it's quite a shift in demographics. >> the twin aisle mark, i want to break this down by the twinnite versus single market. the twin aisle, you've got the a-350 and the k-320. how much of that will be coming into the u.s. in the american market snch. >> delta just placed an order for ten of our i-330s. one of the most profitable airplanes in their fleet. but when you look to t

we saw the president announce the strategic pivot to the asia-pacific regions. without any real plan to fund and effort to end the capture integration and tension of terrorists as well as an old idea that terrorism should be treated. as a law enforcement matter. after a decade-long counterinsurgency in afghanistan. we have seen the -- strategic modernization needed to make this pivot to asia meaningful. specifically, his failure to make the investment needed to maintain our dominance in the asia-pacific theater, in the kind of that value, air, and marine corps. forces that we'll need there in the years ahead scrolled tragic consequences down the road. his domestic agenda has obviously had serious implications for our global standing. while borrows trillions and wasting taxpayer dollars at home, the president imposed a policy of austerity at the pentagon that threatens to undermine our stabilizing presence around the globe. and of course, we have seen how eager the president is to declare an end to the war on terror. unfortunately, the world just hasn't cooperate

charles: asia-pacific 101 million up 114%. i think the next leg up is coming. stuart: charles payne says we should invest in a company that gets a ton of government subsidies and does a lot of business in the state of california. charles: somebody told me money has no morality. stuart: he is shameless. charles: next thing you know i will be recommending a gun company. stuart: i hope you do, they have done well. california governor jerry brown wants to raise the state's minimum wage, move it up to $9 per hour next year and had $10 per hour in 2016. our next guest is all for it. young democrats for america as well, right? >> formerly. stuart: you left them? >> my term was up. stuart: i thought you had seen the lights. in favor of the market, competition, capitalism. >> there are democrats in favor of market and capitalism. chuck schumer. it is about creating a tough competition. that is the distinction. let's suppose we really do get a much higher federal minimum wage. let's say we get $15 per hour. as a lot of fast food workers

and 4,000 locations across china and the asia-pacific region. power to prosper. nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. dennis: the know what it is like to play that song? our next guest has played keyboard with everyone but the rolling stones to eric clapton. now all chuck has come of with the interestingly to get people to visit the website he co created, mothernaturenetwork. when they click on news stories points can be redeemed for making charitable contributions to environmental causes. joining us is the president's of am n n. and newspapers and magazines could start a their readers to read their stories online and wouldn't go out of business as much. than the going well, first quarter

we're pivot oling to the asia -- pivoting to the asia pacific and cutting the military's budget. these cuts total an outstanding $1.2 trillion. and now we're considering strikes on syria while the military's budget continues to be cut. i share president obama's concern about assad's vicious use of chemical weapons on his people. i'm also deeply concerned about the united states' standing in the region. when the president drew his red line he put america's cards on the table. a leader either enforces his red lines or he becomes irrelevant. however, i'm equally concerned about the condition of a military that has been chewed up from budget cuts and years of fighting and the lack of certainty this chief and the chiefs that served with him have not had a budget in their term in this office. they do not know really what they have to spend at the end of this month going into next year. it's not a way to run an organization. we cannot keep asking the military to perform dangerous mission after mission with multiple rounds of defense cuts, including sequestration hanging over their heads

i was in asia last week with 15 defense ministers from all over asia pacific discussing this.ies in those areas. our nato allies. all three of us have been talking to our counterparts from countries all over the world. what the white house is doing and what the president is doing. working through institutions. we're still involved with the united nations. those tracks are being run in addition to what we're talking about here. one exact point on the purpose of this hearing. general dempsey said this morning at the senate armed services committee when asked about the violation of the chemical weapons norm. a hundred year old norm. is it that important? is it that big a deal? one of the points that general dempsey made, which is exactly right and we start here, this is a threat to our interest and our forces and to our country allowing a tyrant to continue to get away with the use of chemical weapons. that's a real threat against us. >> adam kissinger of illinois. >> thank you, mr. chairman. thank you, gentlemen. i know you've had a couple long weeks. i am about to support this

last week analysts elaine becker cut her first quarter forecasts particularly in the asia pacific regionns in capacity and she expects fedex to see a pick up in demand in the second half of its fiscal year which ends next may. so far this year fed ix shares are up more than 20%. back to you. >> seema, thanks for that. and keep your eyes on fedex, as seema says. it will be worth looking at besides what else is going on today. it is zee roar hour for fed tapering. how have markets positioned themselves? we'll take a closer look and see what it might mean to the currency markets when we come back. [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weeken