iam going i am going to be discussing all of this with these two. there they are. the boss of the world trade organization, as well as a former wto judge from china. and what does this mean for a business where trade is everything? i will be speaking with the boss of one of the biggest shipping and freight companies to find out how they are navigating through these choppy waters. whenever you arejoining me from around the world, hello, welcome to the show. we are in a poly crisis. that is according to ngozi okonjo iweala, director general of world trade organization, because the wto is holding its most important meeting in more than four years. this week, trade ministers from more than 150 countries will gather in geneva in switzerland. the meeting has twice been postponed covid outbreaks. but now, as well as a world facing a pandemic and this aftermath, there is a war on european soil. globalfood shortages. and the global cost of living crisis. and of course, the continuing
fuel prices and the average cost of driving around has increased massively in the last 12 years. to have that not even be reviewed, do not have any more that we can give tax free, is making it exceptionally hard to even be able to support the star. ., ., , hard to even be able to support the star. ., ., . ,., star. you are saying the government can do more- star. you are saying the government can do more. they star. you are saying the government can do more. they could star. you are saying the government can do more. they could also - star. you are saying the government can do more. they could also cut - can do more. they could also cut some of the fuel duty, which they take from fuel at the pumps. yes. they could take from fuel at the pumps. yes. they could do take from fuel at the pumps. yes. they could do so take from fuel at the pumps. yes. they could do so much take from fuel at the pumps. yes. they could do so much more, - take from fuel at the pumps. 133
this week, trade ministers from more than 150 countries will gather in geneva in switzerland. the meeting has twice been postponed covid outbreaks. but now, as well as a world facing a pandemic and this aftermath, there is a war on european soil. globalfood shortages. and the global cost of living crisis. and of course, the continuing climate emergency. yes, poly crisis doesn t seem about right. last time, the ministers met in december 2017, in buenos aires, they were greeted by anti globalisation protesters. but the sense from the ministers as the bigger challenge that needs to be addressed. existence was top since 2019, and the presidency of donald trump, the united states has blocked the appointment of any newjudges to the wto applet body. that is a panel ofjudges from different member countries
that is according to ngozi okonjo iweala, director general of world trade organization, because wto is holding its most important meeting in more than four years. this week trade ministers from more than 150 countries will gather in geneva in switzerland. the meeting has twice been postponed covid outbreaks. but now, as well as a world facing a pandemic and this aftermath, there is a war on european soil. globalfood european soil. global food shortages. european soil. globalfood shortages. at the global cost of living crisis. and of course, the continuing climate emergency. yes, poly crisis doesn t seem about right. last time, the ministers met in december 2017, right. last time, the ministers met in december2017, in right. last time, the ministers met in december 2017, in buenos aires, they were greeted by anti globalisation protesters. but the sense from the ministers as the bigger challenge that needs to be addressed. at the moment the wto is facing a crisis over its very existence