A lot of updates from the g 20 meeting had to r. T. Dot com coming up the russian finance minister is a guest on sophie and co talking about western sanctions and butchers and trying. To come to so im certainly shevardnadze what Global Economy is speaking the language of sanctions restrictions trade wars World Leaders are seeking a Common Ground at the g 20 summit. Showed a breakthrough expected while i ask for his deputy Prime Minister and finance minister of russia. The process of integrating the worlds economies is stalling a trade war is looming between china and the usa western countries are holding up sanctions on russia but in the us. Its fear of distrust is there still room for a global trade come back what needs to be changing the system to prevent the Global Community apart and will change with. The every nations economy. One of hello welcome hello were always happy to have you on our program last time around injuries here was about a year and a half ago and no fundamental sh
Think oh we have lost nothing with have. No. Thats we were constantly very beautiful there were yes there are calls to reform the w. T. Oh. First as an organization the w. Cio was established by a group of countries but the decided to remove trade barriers 2nd the conditions for exporting goods to other markets should be predictable and understandable for the actors involved. And what do we have now. Under the pretext of National Security of countries simply ignore the w t o. There is in fact a provision that if a country feels that there is a National Security threats they can choose to stray from the w t o principles is a person now some countries are taking advantage of that the u. S. For example sees all these regulations mainly as a National Security threat. When the w. C. L. Was founded just the spirits and the environment were different. Today that everyone is leaning towards protectionism safeguarding their own interests that may start with one country and then you have a group
Our rules because were not ok with this thought at least you think. We have a last author who thrive. No. Thats we were constantly. There were yes there are calls to reform the w t o. First as an organization the w t o was established by a group of countries but decided to remove trade barriers 2nd the conditions for exporting goods to other markets should be predictable and understandable for the actors involved. And what do we have now. Under the pretext of National Security of the countries simply ignore the w t o. There is in fact a provision that if a country feels that there is a National Security threats they can choose to stray from the w t o principles. Now some countries are taking advantage of that the u. S. For example sees all these regulations mainly as a National Security threat to do here when the w c o was founded just the spirits and the environment were different. Today everyone is leaning towards protectionism safeguarding their own interests that may start with one
A lawless administration and president. People see where we at and what we are doing. Joined for a preview of next weeks robert mueller. Kyle, remind us of how we got to this point. Kyle democrats have been trying to get special counsel bob mueller in front of them to talk about his report for months. There was a lot of closeddoor agotiations to finally secure painstakingly thought over, limited hearing with him in public. They think that hearing directly from mueller will help the American People understand the nuances in his report in ways they havent at this point. They said that they could also have other effects, also on democrats, wanting to put forward impeachment efforts. How so . How will they affect these . When realtors report came out, he talked about a progression of 80 something impeachmentlled for against the president. Its not nearly enough to get over the finish line or even justify it. A lot of the components proponents of impeachment say , moreg from mueller people w
Program last time running to reach you was about a year and a half ago and no fundamental shift seemed to have happened since then but still the world has changed its just not the same. Word and we hear it everywhere from davos to international forum. You i mean economists to find. Common is becoming more terror actions and yes we see you know happening this is what globalization brinks 10 years ago everyone that was asian would try to. Be united as one becoming economic states but actually the opposite happened people start pushing away from each other resolute in themselves cutting it will not off why do you think this. Globalization and the push for a barrier free economic world. Drives competition and a more liberal trade. A good truly free competition but that any restrictions stimulates output growth and boosts Global Economic growth. Diggler lies ation is about protecting your production capacities your manufacturers your companies shes the logic goes ill make my Companies Compe