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Quite a nice return to form. We have had a couple of difficult days, factoring in the chinese story, and the s p has been knocked pretty hard. At 1 10 of 1 i dont feel does justice. Atwere down really sharply one point and then we bounced back quite strongly. You can see it here this is the recovery we saw yesterday on the s p 500. You can see its lower as a result of whats been happening in china. Equities back in form. The chinese devaluation is a storm in a teacup. Veryine Central Banks, rarely do they come out and have a press conference. Or briefing that they were stepping in when the mar...

There is no way to turn this clock back. I dont want to turn it back. We need to recognize inherent in each virtue, and i summarized them on the side, is the risk. To the degree that i concentrate or communicate or take people out of the loop, et cetera, to the degree i buy the benefits of this technology and each and everyone of those steps i introduced security consequences that are, give risk, give rise to greater risk, the virtue of the system is intertwined with its limitation, its liabilities and its risk. That is fundamental. It is not just that the complexity of the system gives me the...

By little you send them back as agents for their intelligent service. I think you need to have somebody who is well versed that can sit down and and look at propaganda, counter propaganda. Very important point. When we talk about the islamic state, again, you can defeat of some capabilities, but you cannot eliminate the ideology. Some places like morocco they try to encourage dialogue and train even women to discuss this issue with religions from other countries. Its a long process. I think the point that you made is a practical, a very important one. We are looking at the clock and the clock ...

Election issue. Plus i am outside the hong kong legislative council. We will get the first policy address from carrie lam, expected to deliver comments on Affordable Housing issues, tax breaks for small businesses, reaching out to disenfranchise youth. Rishaad going over to steve shortly. Going to bring up a chart showing where the problems are when it comes to the property market, arguably the most expensive in the world. Withages have not kept up in housing market, which is turquoise, the white line average wages in hong kong. Be talking about a taxation system for business, the housing mark...

Steelmaker. Very damaging for japans managing sector. The i. M. F. Puts out a sunny growth forecast. Christine sheds light on the support. We see the sun shining but we also are seeing the clouds on the horizon. Fed president s add inside insight. Really nervous expectations are low. Were not trying to address the relative price changes that occur in the economy, were trying to get the underlying rate. Plus, economists consider the conundrums of tax reform. Has to be basebroadening as well. Growth will pay for part of it but not all of it. Might as well assume unicorns will come and deliver pa...