the first days, it is one way. , youu do choose to sell have to place it with your broker tonight orefore 7:45 in the morning tomorrow there might be some compliance problems for a lot of these banks. there is also the issue of front running. these are growing pains. the chief executive of hong kong exchange has said that they are looking at the selling issue and hope 2-iron it out over the next few years or so. ingles at the trading floor. thank you very much. >> we are talking with j.p. morgan's chief asian and emerging market strategist. moves,ng to the historic not much of a game changer, is it? >> it is part of this progressive opening of the chinese financial system, the global financial system. it is a pretty pragmatic solution to try to move the culture away from institutions. 75%rstand, we have used up of the northbound quota so far. much less in the other direction. treat it as a pragmatic, positive move. >> i guess they are building on the lessons they learned from the program, have they not? >> we got some clarification on the taxation towards the end of next week. -- las

. >> far more dangerousb do youú reduced this? >> oh yeah. suspect it's also÷ñ reduced peeping toms. 7tpñ all right.htv)z joanne shouldn't everyone closej cç their blinds. isn't it((>cÑ better safe than sorry. >> even better let's get rid of2wqn÷ windows and roofs. >> one of the first cases i had is there was a house in ox qyg cambridge where everybody went naked all the timenq)c bñ and there were no blinds. it was like a nudist house. the neighbors next door complained and i the people in the house.m s@r(t&háhp &hc& i said fromzcf living room you couldn't see them. she said yes9Ñg we could when we stood uplx"co on a chair. we won the case. >> if you can see them they canxjx usually see you. >> problem is0 chair just to see anything. that case still would have gone on forv!1wç my years. andy would you say this guy is an old school pervert? >> igc'.ú1juáv he response is &hoproblematic. i classist. people like you saying why do we;< need to peep.<> w maybe he's motte good with computers. a bunchx we can't he get his pleasure the same way we do.

your reactio if ma to secretary hagel the lo term threat from the islamic sta, cocontrast if youu wil this. isil extremism radicalism, terrorism is a threat to every state, to every society. unfortunately, i seethese things ctinuing totay out there, jim. i think we're in r a longer term challenge here than maybe any of us would hope. >> as you know, genera i shudder when hearolks talking out a lr battle than we anticipate. your thoughts about wt the seetary id? >> yeah. we fundamental to the plan is we do not want tout brigade combateams on the grod. i would agre with that judgment as well. buif that's what you wanto avoid,then you, depending on indigenous forces, local foes inq and syria, and if that's thcase, why aree not a in helpg them? helping them with arms, pment, advisors, training, air ground controllers, that is the answer ihink we're kicng this downn to the next administtion, it seems to me. i hate to be th cynil but thing makes any sense. we should be all in helping those local forces and we're not. just have teams that are out with 12 brigades and they can't goorward with

yellen both saying a major signal, but it's a signal we know we have to expect correcting what do youuink happens? what is the when portion of rate hiking? >> i'm later. late -- liz: why? >> first of all, i think the key issue as stewart pointed out is wage inflation. you need at least 3 percent wage inflation tt get 2 percent of the target inflation. we're running cooler than that. the economy is too tepid. the porridge is too cold and the fed will have to wait longer. they''l pivot from talking about the lay market to inflation. we've already seen inflation talked about a lot more in the statements. they've not said it's overwhelmingly low, but it's been running too cold for too long. they missed their target. it's not tee inflation. the cost-of-living increases that were booked in at the end of september on social securiiy benefits, all that. 1.7 percent veterans disability, but whaa thee buy is, of course, not the cpi basket. it's things higher in cost like things rising more rapidly like prescription drugs and payiig rent. liz: yeah, and if they threw in tuition, that would hike i

because youus d haveone done mu book.fore t speak about leadership.pent the i spent the entire day there.ftr and after spending so much time with the young cadets, i really thoughtht i had learned many lessons about leadership from , them. now secretary gates is also on the starbucks board. and his friendship and mentorship sensitized me to something that i was unaware of. 2.5 million extraordinary young men and womenwome have served f almost 15 years now in an all volunteer service.eer se a million veterans are now ntern entering civilian life. so there are a few things that i'm trying to accomplish. we much have a much deeper level of respect for veterans. but most million lly, a veterans who have extraordinary skills and experience to add o value to our society and businesses, i am encouraging and really trying to convince and a persuade ceos and small business owners across the country to hire a veteran.try to seat >> it's one t thing, it's a different thing entirely to giv a returning veteran a job. ve >> no,t not at

man youu jyou -- manu ginobili m duncan game time decisions. >>> conveyed thompson back in the lineuphe missed the loss on sunday after spraining his right hand saturday in houston. >> what's the update on klay? >> i think he's going to go. he felt pretty good after shoot-around and he was going to test it out again pregame tonight but at this point he's probable. >> if he plays -- [ inaudible ] >> no. >> reporter: finally to the ice, panthers hosting the sharks. a rough game against the blackhawks. first period some great passing. jimmy hayes scored easily and panthers take the lead. a minute and a half later, patrick marlo loses his man. they catch the goalkeeper looking the opposite way. 2-0 florida. right now 4-1 san jose losing in the third period. we'll have highlights of that game as well as this one tonight at 11:00. reporting live from oracle, geraud moncure, back to you. >> save that courtside seat for jessica. >> yes, don't let anyone sit there. >> thanks for joining us here at sit:0 -- 6:00. have a great evening. >> hope to see you at 11:00. - ( helicopter whirring ) - ( r

. >> it does not necessarily mean cheaper prices. , youu are in russia mentioned a little bit about adjustingions and adapting to the market, what is one thing that will make it easier for you? ido think there will be anything that will be very easy in the near term. certainly the short-term and months to come and the whole of next year maybe, based on what is happening in russia and the , and the kind of issues between russia and the eu, i don't think it will be easy. >> coming up my exclusive interview with the burberry ceo. how he is planning to make this christmas one to remember for the british fashion giant. you are looking at live pictures of david cameron speaking at the cbi. he wants spain to say united. anything to do with secession is very important in this climate. if he stays into power next year , he would call the referendum on whether the u.k. would want to remain in the eu for 2017. we are back in a couple of minutes. ♪ >> welcome to "the pulse." live from london. let's check in on the currency markets. we have been talking a lot about the wrubel, a lot about russia -- the ru

good luck to youu we will talk to you again. an agenda for the next two years, will there be fireworks? rich edson has a preview coming up after the break. so ally ba really has no hidden feeonavgs aous? a's right. it's just that i'm rrieabt you knowokwhy's at?g.." no hn fees, om t bk ere no branches equals grearates. youa drmouth be a coon side effe that's whyre's bione omes in oral rinse, ray g, sohere's moiurizing reliefor eveone. biote, for people who suffer from a dry mout mother 'sicus.sttoffee in the . so now we've tned her toffee into a business. mother my gl watooffee in the . take an idea d make it en.m jalong and i rmed my toffee company rough galzoo never really tught i would rough galzoo makeoney doing wt i . we created legom to he people srt tir buses and lach their dreams. go to lelzoocom y and ma you at legalzo.c we pu the laon your side. busi dam rlity. cayou start toow yesir. alright. let's share the ws to todaweailr busy. tomorrow we're boosolid. cse on the house tomorr. i wantne of thened . because towe y. to

exchange, which reduced to their sales by 75 million pounds and hit their profit by 35 million pounds. , youuort saw sales climb 7% but profit down 12%. they say the second half of the year should improve. they see no material impact for the second half. the pound is now weakening against some of these currencies. they continue to warn us about difficult external environments. they continue to invest. profit was hit by the launch of their fragrances last year. we have seen them fly off the shelves. about gettingally to grips with what was going on in the country. >> and also launching my too.rry, that cost there is investment in that is well. this is a drive to make the company grow. what is interesting is, overall, yes they are going to because she is. yes, asia has heard luxury brands. affecttests in hong kong chinese spending during the golden week holiday. clearly, they are saying external issues are still a problem. internally, they are focused on driving the business. beauty is going to be a real growth area, 25% in the next four years. it is a company that keeps on exploring, breaking

youu pick up the things they are friends recommend you.it varies. >> clarence. >> i must admit, i think reading is a gift. it is a gift that they prayed for when i was a kid. i am very thankful, i read quite a bit. agreed to do things, to teach courses and things am ed in. t recently agreed to law of literature class. we were doing "native son". in my it was critical own development. i re-read that. last year we did "to kill a mockingbird". but each time you read it you see something different. i taught at the george washington university. stories ially the behind constitutional law. this is my fourth year. i thought another one which is another set of readings. i really need a full-time job. forces does is that it read in different ways things that are important to me and that are helpful. reading richard wright aat this point of my life is quite different. >> when did you first read it? when i was 16. tly, eact quite differen and read it once again during my law school years. then i read it afterwards. it many times, but you see differen

limited impact on the domestic economy. , youu watch u.k. comedy know that phrase, am i bothered?ot bothered about the slowdown in the global economy. not bothered about volatility. very concerned about not acknowledging it in the statement. they didn't want the market to feel like they cared more than they do. when we did get the financial volatility, he was very dovish. >> i remember that. i remember thinking, he just feels like an outlier right now. he is a nonvoting member, feels like an outlier. he is the only one that is doing this. are not too concerned about growth, not too concerned about financial volatility. no real fight over ending quantitative easing. >> i like that. a lot to be said for that. inre does this take us understanding the trajectory of the right story in the states? that is where we are now shifting off. we were thinking about qe. now we are thinking about rates. not so much when the liftoff will be but the journey after the initial liftoff. that will be a debate going forward. the other news that came out was the lack of concern about a stronger dollar.

is it more difficult, are youu competing for more resources because you're within dhs? i would imagine there are all these different agencies being funded in that? it seems like you probably have less competition in that regard if you were still in treasury, is that accurate. >> again 2 would be hard for me to evaluate compare to treasury. all the agency components within the department of homeland security have very important missions. so we're all vying for those dollars, yes. >> and what, i c know you said u weren't in a management position. i havear retired secret service agents in my district and they haveyo served in both capacities pre-2003 and after, by and large i get negative feedback about the change. when you're talking with people, other agents who kind of lived through this, is it something that i would say is substantial number of them have misgivings about? >> sir, i think, when we have failures, and what we've had last several years are really our failures. and think -- >> i understand that. you've been frank about that but i think we always have to loo

the pollution is terrible. , youu visit chinese cities can hardly see across the street.hey burn a lot of coal. progress can be made. initiativese new launched next year. it is very important going in to feel each other out about what they can agree on and what commitments they can make in terms of putting caps on in missions and setting targets. this is a conversation the president obama is likely to have with the chinese president. this is an area where the two nations really do share some common interest. host: we are talking with bonnie united statest and chinese relationships. let's get to some calls. charles, good morning. caller: thank you for c-span. back to 20e to go , we voted for an approved nafta which opened up the borders between mexico and canada. makeal electric used to refrigerators and stoves in kentucky. there were 38,000 people employed there. it is now arrest belt. -- arrest belt. belt.ust all of those jobs went to mexico or canada. that bill gop effort clinton unfortunately signed off on. from nafta to debbie t o. nixon opened up china. now look what

that is why needs the pelosi -- youu have to find the have to sign the bill before you know what is in it. host: john, from oregon, an independent. caller: i want to say happy veterans day to everybody. i just wanted to talk about -- i just wanted to thank obama and his policies. it was his policies how i got health insurance for the first time. i was unemployed for a while, and now i am working again because he has helped reduce jobs. i also wanted -- he has helped produce jobs. and i want to thank the republican party because they democraticteed us a president in 2016 because their policies, their lack of policies are just going to give us another democratic president. host: all right, john. froming of campaign 2014, "rollcall congo one senate race is still too close to call. local officials continue to count mail in and provisional ballots. republicans took control of the senate by picking up seven seats so far, while house republicans have picked up a net of 12 seats to date. leadsska, dan sullivan , bychallenger, mark begich about 8000 votes. republican retired air force colonel m

lou wants to talk to youu% as well.ound governor, if you can, peter barns has been keeping track of what's going on tonight and addressing things the governor has been referring to, these potentially seismic changes happening beneath us. peter, what can you tell us? >> we're all concentrated on the senate and the balance of power there. but you know what all 435 members of the house are p for election tonight. we want to check on where the house races stand right now. and the outgoing house, the balance of power currently is 224 republicans, republicans 201. democrats and the outcome here is not really in question. republicans, in fact, expect to pick up about maybe a dozen seats or so tonight, but as of this hour for all the races that fox has called, the balance of power stands at 162 republicans to -- and now, we've just been -- just gotten this bulletin. that republicans have taken control of the house again. we haven't got this on our boards yet, but apparently they do have the 2-18 necessary to have the majority o