Takeover. You will get a good idea of on the session. The latest on the debate and a third time unlucky as msci snubs hina shares. Clinton leaving trump in the latest bloomberg poll. Lets begin with the fed. Theres zero perfect unlike liehood of a fed increase today. Lets go to carl. He is chief bloomberg economist. What are we expecting this afternoon . If we can mix british politics and fed policy together, we can invoke the quotation from margaret thatcher, the lady is not returning. It will apply to Janet Yellens approach in the press Conference Today as well. Shes going to play a cool hand. She wont specifically cite him but it could come up in the press conference, particularly during the q a. The fed is very much aware of international risks and how this is playing into their policy strategy. However, i would say more important is the much more important is the domestic outlook. So she will not be returning because shes going to be somewhat dismissive of the wobble in the labor
Of drugs for severe illnesses and as a result of this work that i was doing on drug pricing in the United States looking at these issues, i eventually began to get more aware of the International Discussions about the u. S. Could do and what was happening in the countries in 1994, i was invited to argentina and brazil by people that have picked up my name as someone working on these issues and i really became aware for the first time the extent to which the United States and the state department and through the trade office and the whole apparatus of the Foreign Policy was putting pressure on the developing countries to extend and put in place monopolies on pharmaceutical drugs so wha a lf developing companies have excluded the pharmaceutical drugs from the patent system and you could buy drugs from argentina and others and at that point also from brazil and the u. S. Was pushing all these countries to put those in place but also going way beyond that. And i remember when i was at arge
Sort of like having to use not at can imagine that . If such an enormous Nuclear Program and have had for years. Then not taking part of such an important summit seems to be a myth. We would welcome russias constructive participation in all this but it has not affected our ability to advance the goals of our two countries. Let me give you come a couple other examples. The United States does work effectively with russia to secure some Nuclear Material that is in you pakistan. Obviously, uzbekistan. Is this iran by chance because i dont know much about that nuclear richard but i do know that the russians have worked effectively with the United States to safeguard that major you. I dont know its current status but its another example of how the United States and russia to Work Together even if its not in the context of the security summit. The other thing i would observe is russias agreement early in president obamas tenure to sign onto the update of the star trek the that has a positive
Argument that this is such a compelling interest. Right. But let me try to walk through this carefully, because i do think its important. Theyve identified three. First is grandfathered plans. Weve had a lengthy discussion about that. I dont think you can argue that that exemption undermines the governments compelling interests. They claim that theres an exemption for employers who have fewer than 50 employees, but thats just wrong. In fact, theres no reason to think that virtually anybody in that category of employees of those small employers isnt getting contraceptive coverage as part of their regular health care from regular doctors. Let me explain why that is. There is no exemption from the contraceptive coverage requirement for that group. Proof of it is that several petitioners are in that group of fewer than 50 employees. And theyre asking for the and theyre asking for and theyve raised the rfra claim here, they have to meet the contraceptive coverage so the employees get the co
Its very important and in the United States. Its like we are not in the practice of making distinctions between whose lives are more valuable. A christians life is very valuable, no one should be slaughtered in syria. No one should be put through assads killing machine whether these are christians, whether these are yezidis, shia. I always like pushing back on that idea, protector of minorities, because minority lives are not less valuable than those of the sunni arab majority in syria. So thanks very much again. Mike, if you could follow up, quickly, as many of you i hope have read mikes piece from last year on mosaic and mike has mike has, i believe, uniquely identified the different ways the administration has been moving in the region which are largely about iran but also syria is a major part of this. So i think mike is especially well positioned to be able to put this in a larger regional context and also in terms of u. S. Policy and different changes. So, mike, thanks very much.