that decide on any challenges to the organisations rules. of this body cannot do its job because newjudges are not being appointed then none of the trade battles between countries, like us and china, can be resolved. while the biden administration says it wants to move beyond this, the block on newjudges remains. despite this, trade around the world has badged back after the pandemic. global trade went to a record high in 2021. making it worth about $20.5 trillion. that s13% higher than the same number in 2019. before the pandemic to hold. but the supply chain crisis from the pandemic continues to linger, exacerbated by russia s ruthless attack on ukraine. oil prices have skyrocketed. global shortage of that country s grain is causing global concerns. that has led to some of the other big wheat producers such as india banning
country s grain is causing global concerns. that has led to some of the other big wheat producers such as india banning exports of their grain. measures that could be agreed by all parties at this wto meeting is exemption on all bands from food programme which is seeking to feed people in crisis. another change that could get approval is that of temporary waivers for intellectual property around vaccines. with much of the world still striving to jab its population, this could be a big win for the world trade organization. agreements to stop overfishing and fishery organization. agreements to stop over fishing and fishery subsidies could also be approved by the entire conference. smaller agreements between select countries could yield big results, which could include major economies agreeing to cut red tape for the service sector, new measures for america, tape for the service sector, new measures foramerica, europe, china among others, to address the climate crisis. and key agreements
line where russian forces have been pressing ahead is still looking extremely tense from their point of view. bear in mind of course that they have been held hugely by some of the javelin anti-tank weapons systems and the stinger systems have proven key in helping ukraine push back the russian offensive. so far we sasse last week for the first time in use on the ground some of the switch blade targeted drones that the united states has provided 100 of. but it is now long range rocket systems that kyiv is looking for. washington has said that it will consider the proposal but it has not yet made a firm decision. melissa bell, cnn, kyiv. and the kremlin is coming under new pressure to negotiate with ukraine. vladimir putin was pressed by french and german leaders who spoke with him by phone saturday. ukraine is one of the world s top wheat producers and those western leaders also urged mr. putin to lift russia s block and
The Kansas City Federal Reserve says although production expenses have increased for farmers, prices they receive for their wheat were higher than the cost of production.