down and itten it is a part of the cost. >> i want to talk about russia and the ukraine. what is your exposure? pressure is to or 3% -- 2% or andf our global turnover the exposure is not huge. we do have investments there with partners in a number of container terminals. we think a company of our size geopolitical issues in countries and we do not view the situation from a company point effect.as a dramatic andre citizens of the world europeans hope that this will be resolved quickly and cooperation between europe and russia can come back in a normal situation and improve. >> you are not worried about a sanctions wall that starts between russia and the u.s.. thatre not concerned about impact and the spillover affect. .t could spill over globally >> yes. it is one thing is sin. if we -- as a citizen. if we see more imports, it will have to come elsewhere and that means more shipping. activity,s less port there will be more in the east. as a business, we do not see this as a threat. nobody wants the situation to escalate. >> the final question is on a emerging markets, in g

happy we bomb them and itten to intervene and actually put -- get us -- put soldiers in the field and kill them, that is their motivation. so i could very well see them make an attack inside the continental united states so that we have to go back into that war in iraq and they will, as i said, gain legitimacy from that. >> that is an alarming thought. chris, i have spoken to u.s. intelligence officials, they make the point that u.s. intelligence on the ground in syria is pretty spare at this point, in part, because the u.s. did not get involved in that conflict, they didn't have contacts with the rebel groups to the degree, plus when u.s. troops were pulled out of iraq, you lost a big intelligence vision there as well? how much is the handicap, have to build up the isis as you target for potential air strikes? >> always a handicap when you don't have enough intelligence, u.s. intelligence agencies always say they don't have enough intelligence n this case, sure, when you pull the resources out of irare aing that were pulled out, you lose some intel general, would very with had people