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that from thend perspective of our refugee, there is no rights to enter a country career you have to somehow reach another country s territory to claim that protection. term it doesn t injure into the picture. unless you are under the jurisdiction of another country. there are a lot of controversies over maritime indictments. a shipe ship flying knee flag obligates you. no agreement on that. the supreme court of the u.s. said no. the convention, are convention obligations in their view do not apply extra territorially. primarily maritime crisis. what that does is create an incentive to- prevent people from lending. we have not seen that happening so far in this crisis. bush backs from the shores of europe and god for bid we should ever see that. there are forces within europe who would like to see that. turkey,ussions with other countries, are aimed at keeping people in the region. disrupting those close to europe for all kinds of good reasons and perhaps some bad o ....
not be wise after five years of negotiations with among 12 different countries, to try to renegotiate the agreement, particularly considering it was reached only as it relates to the argument he is making about deep concerns that he has for the financial well-being of the pharmaceutical industry, the fact is in these 12 countries what the pharmaceutical industry had been advocating for our 12 years of data protection of their products to ensure generic versions of their drugs cannot be sold for 12 years. they have a legitimate argument in terms of making a case. there should be some protection that they are afforded so they continue to have an incentive to invest in the kind of research and development that would yield new life-saving medications. so their desire for some protection is reasonable. what they have suggested is that peri of protectiono should alsod partnership. the agreement is in place an effective standard of eight years among the tpp member theons ....
to accommodate that request from our folks. and it began doing that. the situation is dire, and we are doing everything we can to preserve the network of providers to make sure their policyholders will continue to have coverage through the end of 2015. now state regulators have the unenviable task, as i have had, of trying to wind down a company, at the same time conserving it in my state, unlike tennessee without the protection of the guaranty fund to assure the health care providers that their bills would be paid. let me talk for a few minutes about our relationship we do not have minutes. you re out of time. here s the thing, we have one vote. he?lso have staff, is mr. chairman, the problem is there down to two or three minutes. i don t think they will hold open for us. with all due respect, i will invite my members to go down and vote. unless someone wants to be very quick. come back as quickly as possible. we should be up to reconvene in about 10 minute ....
you are just singing and dancing to taylor swift. shake it off. it s so catchy. >i will play it during the show. let s get you the top global business stories of the morning. the big prize in today s midterm election is who will end up in control of the senate. republicans need to pick up six seats to recapture the chamber. calls it agton post near certainty. we know that this election will send a clear-cut message that the republican way is the way we will create jobs in this country. house,rama about the republicans are expected to add to their majority and you can watch it unfold right here on bloomberg television. our election coverage begins at 5 p.m. eastern with a special edition of with all due respect her cup we may stay on with and we may stay on all night long. >more money was being spent on average ties them. we heard from the alibaba vice-chairman and what he was asked if the company intends to grow through acquisition. we always want to add ....
perkins. christine lagarde is under investigation for negligence in france when she was the french finance minister. many around the world are astonished by that latest adult development. the s&p will kick off today at a new high but that is just a part of the story. rallies in brazil and japan helped push the value of global equities to its own record, $66 trillion sloshing around the global market. trillionmore than $2 in value since august 7. the markets correspondent scarlet fu has more. 1000e index first reached in 1998. it took 16 years. it was last below 1000 has recently as september, 2009. from that point of view, it has taken almost five years to go from 1000 back to 2000 and now it has closed above it. i was looking at the movers and you have cyclical groups leading nine from 2009 until until now. after stocks are up 125 percent. industrials gaining 120%. these are industry groups that have doubled in value since that period. i was speaking with liz and sa ....