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It is a case that hes gone beyond anything thats acceptable. The question is, can you follow the path of what jessica was raising. Is the fatigue and the sense of threat from isis enough to create some kind of convergence there. I dont know. The short answer is i dont know the answer. Im a big believer this also goes back to one of the points that sam used to also raise. If theres one thing that guided sam more than anything else, it was that he said, dont fall in love with your own ideas. And if you think youre right, thats fine. But why dont you test your ideas . What do you lose if you test your ideas . The short answer is, you dont lose a lot. So id be quite open to testing certain things, but i also know that if it looks like we shouldnt assume necessarily that having the sunnis with us is a given if it looks like were drawing too close to the iranians, which has clearly been a sensitivity for the obama administration. If we want sunni tribes, by the way, not just in iraq but in s ....
Reform, domestically opening to the outside World International ly. Then its going to be a long process. So he used his marvelous analogy which is you cross the river steps feeling the stones step by step. [ speaking chinese ] i think we also need to have that concept alive in our minds about how you can possibly engineer that incremental trust building exercise between china and the United States as well. Step by step but knowing in fact that there is a destination called a common future. For our chinese friends here in the audience today, if you talk about realism, [ chinese word ] means something in the context. There are positive terms in the chinese context. [ chinese word ] or [ chinese word ] international and Global Public goods means something in the chinese discourse. So to frame a common vision, to frame a ....
Explicitly recognized, but critically managed in a manner which concludes that allowing any one of these matters to escalate into crisis conflict of war is mutually unacceptable. Thats the realist part. Whats the constructive part . The constructive part is this. If you look at the possibility of constructing genuine public goods between china and the u. S. , both bilaterally, regionally, and globally, the scope is, in fact, quite wide. If you look at a bilaterally, im a strong proponent of the early conclusion of the bilateral treaty for a simple reason. That is the more the two economies become enmeshed through investment, rather than just through trade, then, frankly, the more inseparable they become and the more their mutual interests in each others progress and advance becomes an indelible imprint within each country. So causing that investment treaty to come into being i think is a genuine public good. Because in the long term it will transform many elements of the relationship. ....
Millionaire lawmakers in congress are getting even richer. An you guess who the richest member of congress is . Think about it. Well tell you later this hour. Sue is off today. Simon hobbs is in at the new york stock exchange. Hi, simon. Hi, tyler. Weve broken the fourday losing streak. It may be low volumes or summer action. Well take a gain of 54 points on the dow. Retailers are a clear focus. Best buy is up. Urban outfitters which trades on the has tanasdaq is helping to that higher. The reits are doing well today. A lot of focus is overseas. With the emerging markets, stocks there taking a beating and the currency selling off sharply because of the concerns of fed tapering and where that will run the currencies and trades. Lets bring in bob and ken. Director of oneal securities and cnbc market analysts. Before we get into the emerging markets, you were worried last night we lost the 50 Day Moving Average on the s p. By reg ....