in the wto, parallel to the wto, if you can't get it done in the wto you take it outside of the wto,hole lot of -- get it, short-term moving in that direction and then the coalition of the willing, it doesn't have to be the same countries. wto permits plural lateral. >> i think that's probably jumping to some of the questions at the bottom of your list. [laughter] >> you know, that is a little bit of what the indo-pacific economic partnership is doing, right. it's taking digital and taking a group of 13 countries and seeing whether they can build on, what was in ttp, what's in ctppp, what's in usmca, what some of the countries in the region have done between singapore and new zealand and japan and south korea and begin to build up a critical mass of countries that are willing to uphold high standards for what is arguably the most important set of new issues for the economy, looking forward, and what's likely to be an increasing important part of the economy going forward. >> does that mean that msn is dead and does it matter if it is? >> i want the way that susan articulated. i think

is this something the wto is actively reviewing >> let me start by saying the wto always encourage members to take steps on policies that lead to a low carbon emissions growth pact that will help toward the net zero by 2050 that being said, we also very carefully say whatever policies are taking should not be discriminating should not favor domestic goods against goods -- like goods from other countries. >> do they do that >> now with respect to the i. i.r.a., there are some countries talking to the u.s., some of our members, feel yes, the subsidies that are being given may be discriminatory against their electric vehicle production. korea is one case with the eu and they are talking to the u.s. the wto is to have bilateral solutions for members to talk to each other and sort out or clarify the problems i know the u.s. is still making the rules that will actually implement the act and there is a lot that goes into the rules if those implementation of rules are taken away and are not discriminating, this would be very good. >> is this a risk of a trade war if they can't find consensus of th

membership of the prc officially secured china's wto membership in seventh place in the world. in general, it was under him that chinese entrepreneurs were officially declared in such a driving force of the communist parties , the same as the working peasants and business , the formation of china as a world factory took shape, just during the reign of jinyo, his election as general secretary at one time was generally called such a successful successful compromise, but between supporters of reform and conservatives in the country's leadership. but what else is important to answer exactly president dimina, who, by the way, began his career in the legendary zil and then in stalin's moscow plant 19 where he was senior in the middle fifties, where, apparently, he fell in love with russian classical literature, about which he spoke more than once, moreover. in russian, already then in the nineties it began not it's just that the warming of relations between moscow and beijing is so systematic. uh, such preparation for big agreements. after all, many people remember well, these are th

that's why the wto doesn't retaliation.of we should allow exclusionary orders the product was digitalas in clearly in violation in accordance with the original statute they did not think the software was a product. and we shouldit continue to move forward with the use of 337 and there is a bill in congress which is an important step that hr 5184 when change a number of the provisions that would make it a little bit harder and move more of the cases in the unfair practices and is between american practices rather than the district court. and if we move forward the european commission has to cool last year that would push back against the advantage of the chinese companies in the european market with those provisions they already established a benchmark that clearly there other countries looking at this the same way that we are. so in closing performing section 337 not only sends a clear message to say america is open for trade it's not an subsidized unfair but also to slow down chinese-- firms that are benefiting from these practices while enabling those to complete compete with the ch

organization will slow down, as experts expect processes may begin as early as end of this year, according to wto data on the fall in demand for goods, said the global trade index. it is now at a level of just over 96 points in general , it is predicted that by the end of the year the growth in the volume of trade in the world will be 3.5%, and next year only one percent, a negative trend and analysts associate the consequences of the ukrainian conflict with an increase in the cost of energy resources and a tightening of monetary credit policy in the world's largest economies. along with demand , the production of even the most popular goods also falls, in particular, up to five percent of german beer. varin may also close due to the energy crisis and a poor harvest, as the head of the association of german hop producers said, the industry is missing 134 million euros, and the hardest hit are small breweries and producers. lost control over management the investigation opened a criminal case on the fact of a night tragedy in the mogilev region in an accident by hours killed three girls, a twenty-

comply with the requirements set out in the letter, then the relevant issues will be raised at the wtoevel planting objectionable discussion of murders photos of prison cells another political scandal is brewing in moldova unknown hackers hacked telegram channels moldovan president may sandu and deputy prime minister andrey spina, where they posted links to the database with the correspondence of the head of the ministry of justice of the republic, sergio litvinenko judging by the reports. he leaked information to the media about judges and prosecutors, participated in the preparation of voting for high positions, moreover, he sent his colleagues pictures of the prison cell, which he prepared for the country's prosecutor general . politicians were met with such appeals. residents. moldovan protesters brought posters to the airport building saying we don't need such a europe santo dictator ursula how are you warming up? his dissatisfaction with the lack of reaction of the european union to the political persecution of the opposition in the country against the protesters, the head of the

trade organization, as experts expect, the process may begin at the end of this year according to the wto data on the fall in demand for goods, says the global trade index. it is now at a level of just over 96 points in general , it is predicted that by the end of the year the growth in the volume of trade in the world will be 3.5%, and next year only 1% of negative trends and analysts associate the consequences of the ukrainian conflict with the increase in the cost of energy resources and the tightening of monetary policy in the largest economies of the world, along with demand, production of even the most popular goods is falling. in particular, up to five percent of german breweries may close due to the energy crisis and poor harvest, as the head of the association of german hop producers said, the industry was missing. 134 million euros, with small breweries and the manufacturer having the hardest time of all. in austria, 50,000 people took part in the strike of railway workers for a long time , and 50,000 people took part in it. it was preceded by negotiations with the participation

course, will greatly frighten the american authorities and especially the threat to complain to the wtother. and yes, we’ll write like vysotsky. but you know, in fact, uh, therefore, the head of, yes, the head of the monopoly agency and the european union has already spoken about the issue and what is most important, both macron and scholz also spoke at the same time about the fact that the adopted the fight against inflation in the united states, he actually, and he really actually violates the rules of the wto when no country can create preferences for its producers, and he prescribes these preferences. as the blacks say on white, and in fact we are talking about the fact that more favorable conditions are created for american companies and european companies in this case, competitors about the game. i think that i will put forward a hypothesis, but for this they are now creating, by the way, such a special working group between the european union and the united states of america for settlement. these are the possible economic disagreements. i think that it will not give anything, bec

the head of the wto says the u.s.sagreements over subsidies for green energy without a trade. >> without trade and good trade policies, you can't get in at zero by 2050. if you want technologies that will help with renewables, for instance, helping mitigate climate change, trade helps move them to where they are needed. without trade you can't do it. environmental goods and services, if we don't allow trade, we lowered the tariffs on the goods, trade is critical in so many ways. >> they eu, korea and china criticized america's clean energy act and threatened to file a wto dispute. do you think this violates the trades? >> i want to make it clear, the rules encourage our members to take as many steps to reduce carbon emissions as they possibly can. what we don't want is rules that discriminate in favor of domestic products against like products elsewhere. some of our members feel perhaps inflation reduction, they have elements of subsidies that are discriminatory against their own products. they are talking to each oth

paving the way for a long-awaited entry to the wto in 2001.hievement was matched in the same year, when beijing won the bid to host the 2008 olympics. in the years that followed, foreign investment surged. real estate construction boomed. while jiang was liberalizing the economy, things were not the same in politics and society. tentative moves towards greater democratization stalled, and jiang ordered a crackdown. as the economy grew, so did the wealth gap. jiang zemin spoke english, and made big efforts to build good relationships with the u.s. he even rang the opening bell at the stock exchange in 1997. an economist says, he brought a liberal street to china's reforms with the assistance of zhu rongzhi. they implemented things that move china in the right direction. he was succeeded by hu jintao as general secretary of the commonest party and china's president. tom: welcome back to the open. we are 54 minutes into the european trading day. still risk on, gains of .3% across the european benchmark. futures up stateside, futures on the nasdaq

i think that the american law to reduce inflation is not in line with the rules of the wto these actionshostile custody in the current quarter will decrease by 600,000 barrels per day compared to the previous one, according to the calculations of the us department of energy, the figure will be slightly higher than 28.5 million barrels per day, the strongest drop is expected in saudi arabia, and the united arab emirates will see the ministry by 4 cents. increased the forecast for oil prices this year a barrel of brent brand will cost 102 dollars 13 cents quotes will remain high and next year about 95 dollars per barrel. so far, all the news. belgorod region, they are restoring cities and towns that have suffered from shelling from on the part of ukraine, builders help to repair houses on the site of destroyed buildings. they are building new work in the border shebekino . we honestly hear this, it’s just that some distant reviews somewhere far away shoot at such big deaf ones, it seems that such very powerful guns shoot this street from the ukrainian border only 9 km away. the owner of th

haidi: the wto director general.o bloomberg radio to hear more from the newsmakers and get in-depth analysis from the daybreak team, broadcasting live from hong kong where you can listen to the out, or bloombergradio.com. moorehead, this is bloomberg. ♪ shery: here is a quick check of the latest business flash headlines. lyft shares fell. the company had just over 20 million active writers in the third quarter, missing estimates. lyft sees adjusted earnings of $80 million to $100 million in line with analysts. activision blizzard has beaten estimates, adjusted earnings per share were $.68. the company is stocked with new releases including the latest call of duty. saudi arabia positives public investment fund is among suitors . sources say the tower assets could be valued at $3 billion to $5 billion. haidi: property shares are in focus, logan shares are set to resume trading today. shery: take a look at how markets are trading, brought upside for the exception of new zealand. the nikkei is seeing its best, highest le

. >> knowing what you know now, do you think it was a mistake that china was left out of the wto?ve had many versions of this conversation, including with members of congress who were in congress, who took a very difficult vote. there are ones that voted for or against permanent normal trade relations with china. look, what's happened in the past has happened. if i would say that whether you look back and think that it was naive over hopeful, i think that it is neither here nor there. i think this relates to so many aspects of the trade and economic relationship, which is my area. which is that i think we should remember that nothing is predestined. so in terms of how we have seen the trajectory of china's participation at the wto and where we are today in the relationship between china and the united states, china and the rest of the world, i do not think that there is any reason why this necessarily had to be the result. where we are today is the result of many decisions that were taken or not taken by china and by others including the united states. the key question is where do

the wto director general speaking to france 24 at the g-20 summit, says the war in ukraine has exacerbated a series of factors fueling inflation. >> we had the pandemic. we had the fiscal stimulus that was implemented by many of the developed countries. we had a lot of demand in the system. i think it is more productive to try to figure out how we cut this inflation rather than turning to the blame game. mark: time now -- prime: time now for a check on today's trading action. markets ended the day in the red amid investor concerns over geopolitical tensions after that missile landed in poland. the ftse 100 lost .25% as one from one it is likely to face a windfall tax after seeing its half-year profit triple. target cut its outlook for the holiday shopping season. shares lost around 13% with the s&p 500 down .8% at the close. the european central bank is warning financial institutions to brace themselves for potential turmoil on markets in the months to come. banks are being urged to prepare for more loans going bad. international regulators are being called on to require investment funds t

americans, in general, sort of put an end to all their principles of free trade on the principles of the wtoother countries for protectionism, er, attaching labels to them and not market economies. they are essentially implementing a system that creates priorities at the national level , bypassing all, so to speak, previously conceivable. uh, so to speak. um. hmm, the principles of competition and trade are first. uh, secondly, uh, it seems to me that the europeans, they first fell into a serious trap their own policy, which they have been pursuing for the last year, and above all, the energy policy. as strange as it may seem, but is this thing connected? this is the full bet on the green economy. it would be largely dictated by the fact that in europe, advanced technologies in the field of green energy were quite actively developed, first of all, of course, there, for example, the same e, wind energy, the three largest companies in the world in production, they are european . uh, and uh in america general rectric. also them produces, but so to speak, she is inferior to them in terms of prod

e work within the same wto organization in which we all enter, of course not.nd if you look at the decisions that are now being discussed on limiting commodity prices in world markets, this is probably the apotheosis in quotation marks of market rules and principles. uh, you can't deceive the economy in the long run, you can't deceive the economic law. if restrictions are introduced somewhere, there will be a corresponding reaction to the prices of these goods. and if there are fewer goods, probably markets, then accordingly. uh, all this will be reflected in the cost of these goods, so you can enter various market tools. but once again i repeat that economic laws will apply, uh, with any such nervous decisions, therefore those who speak about the unreality of the russian economy. let him first look at himself and at the initiatives they are taking. some russian companies are exchanging bond payments for which they are frozen in foreign depositories for local substitute bonds. the state duma committee granted the government the right to exchange sovereign eurob

he was on hand for the hong kong handover, french china joined the wto and when they were awarded thesummer olympics. here he is playing ping-pong. singing and showing off his hawaiian guitar skills. a showman in sharp contrast to those who followed him. sometimes naive. >> famously giving hong kong journalists a public dressing down. his images have become gifs and emojis that fire around shiny social media with a mixture of sympathy and hilarity. in a press conference with bill clinton there was light hearted banter. it's hard to imagine this happening now. >> am i wrong? of course. this is big mistake. >> big mistake? >> of course. >> in his elderly years, retaining the affection of the powerbase as he survived rumor after rumor that he had passed away. in his final public appearance in 2019, it showed that even he had to slow down sometime. laura: china mourns. christine mcvey, part of the ma has died. -- fleetwood mac, has died. she was behind one of their most famous songs, putting little lies and songbird, recording three solo albums. the state would from -- statement from flee

the wto has warned trade barriers could be counterproductive to reducing emissions. >> the eliminatingrade barriers on selective energy related environmental goods could boost exports by% by 2030. the result in increases and energy efficiency and growth in renewable uptake would lead to a 0.6% net reduction in global carbon emissions. >> sharers in meta rose on monday amid reports the company is planning a major round of layoffs to start this week. the wall street journal saying the job cuts could affect many thousands of the police. facebook's parent company has lost around 70% of its market value so far this year. it is the worst performing stock in the s&p 500. the firm facing slowing economic growth and competition from upstarts like tiktok. the ceo of mark zuckerberg has invested heavily in his vision for a virtual reality space done to the metaverse. major investors are warning the company needs to scale back its ambitions and focus on core business. finally for this business update, friday salt twitter lay off roughly half of its 7500 employees under new owner elon musk. on sund

in the 90s, under his leadership, china entered the wto and received the right to host the 2008 olympicg zimi always had a warm attitude towards russia remembered his student trips to the soviet union being already the chinese leader, he never visited moscow met with boris yeltsin and vladimir putin in the early 2000s, before leaving power, introduced the theory of three representations into the ideology of the communist party of china, which made the party more open and allowed entrepreneurs to join the ccp and even occupy leadership positions. russian environmental operators gazprombank signed a roadmap for the development of circular economy principles the document was signed by denis butsaev, general director-operator, and first vice president organization roman panov according to the roadmap, by the end of 2023, it is planned to form a list of products that can be produced from recycled materials and used in economic activities. gazprombank will have an organized system for the disposal of old furniture and equipment. it will also compile a list of contractors who work with the aut

the seventh economy of the world, wto membership, the very principle of chinese reforms equals the market plus the freeze of political transformations worked flawlessly at that time, ensuring rapid development and the title of the main factory of the world open to investment and foreign capital, his behavior, which is not typical for the chinese leader, aroused great interest abroad. just take a microphone and sing a hit. elvis presley play the national instrument emotionally respond to not always pleasant questions of journalists, calling them naive. but the zen began his working career in moscow at the legendary zil, where he had an internship in the mid-fifties, at the same time the future chinese leader apparently also fell in love with russian classics, which he read and quoted with pleasure. opportunities to talk connect deep divorced friendship his every visit to russia became an event like tolstoy's estate in yasnaya polyana with bread and salt and flowers to the writer's grave or the fiftieth anniversary of the great victory with a parade on red square and the strengthening of re

industrial policy to reduce the negative effects of protectionist dead countries and make sure that wtocted by all. the leaders of the ftx crypto exchange managed to spend $ 300 million on luxury real estate even before the site went bankrupt, as according to reuters in the past two years, they bought 20 mansions in the bahamas and past a lawyer's agency. they say that the former director of the company , sam bangman frith, and his inner circle spent the assets of the exchange, as if it had become their personal money before. it is known that the head of the euftik secretly used 10 billion dollars from customer accounts to maintain business, of which at least 1 billion disappeared in an unknown direction. so far, all the news. russian enterprises are actively developing production against the backdrop of the departure of western companies, so in leningrad region about the shipbuilding plant set a goal to make an icebreaker, exclusively from domestic components, in the arkhangelsk region, a workshop for the production of ecoshoes is successfully operating. zhanna kot tells models for war

under him, china joined the wto and successfully overcame the asian financial crisis.pted the summit, assian. initiated the creation of the sco and won the application for hosting the 2008 summer olympics of the russian aerospace forces people's liberation army air force china today conducted joint patrols in the asia -pacific region in the course of such maneuvers, russian aircraft landed at one of the airfields of the prc, and the chinese on our territories, as they were dragged to the ministry of defense, the tasks were carried out in strict in accordance with international law and violation of the airspace of other states is not allowed. the people's front project everything for victory announced a new year's eve fundraiser all the funds raised will be used to meet the urgent needs and wishes of the defenders of donbass lists of gifts for the soldiers of the car mobile baths, stoves, thermal imagers and other pleasant and warm gifts will bring them to the front lines of santa claus and the snow maiden will act in their role representatives of the popular front, mil

under his watch, china entered the wto.ong kong was successfully handed over from the uk to china, and also a big multinational companies like gm, mcdonald's entered china, which was in a period of tremendous economic transformation and opening up now, in light of the covid protests, there are many who are already making comparisons with the tiananmen square protests in 1989, because for those protests, they were sparked by memorials of the death of another major senior political leader in chinese politics so, that man was beloved by chinese reformers, and what investors should really be watching for now is whether or not we see public gatherings and vigils for jiang zemin, which could potentially become a part of a larger protest movement, and what this all means for the power of president xi jinping. already, we are seeing signs that the leadership is quite skittish any comments right now among ordinary chinese are being blocked on the internet, guys. >> eunice, isn't it kind of a leap to go from the people's congress, th

and paris are ready to propose similar measures to support local producers, even if it goes against wtos say returns to barrage tariffs are not excluded. let me remind you the exchange rates for today the dollar is 60 rubles. 37 kop. euro 62-44 on this one. that's all for now. we'll take care of this. it will be the honest detective. the crews of combat helicopters ka-52 alligator methodically destroy the military facilities of ukrainian nationalists in the area of ​​the special military operation on shells. our military leave messages to the enemy, their work was observed by correspondent alexei baranov the only one who was able to visit the cockpit of an alligator before the next sortie, the first group of alligators rises into the sky, followed by a mi-8 support helicopter. while the next crews are preparing to take off with the permission of the pilots. we climb into the cockpit of the ka-52. trying to sit in the navigator's chair. we are. in the cockpit of the k-52 alligator, the latest modifications are equipped with a system for interacting with the sagittarius reconnaissance com

sort of did its best, rather, just as it were, the china when it brought china into the wto to give russia a chance to be part of the western club, and then the russians take it? no, i don't. you can make that case. you know, very much a question of is the part full or is it half empty? the way the russians saw it, the west gave just enough aid so that they didn't revert to communism. and you talk about 1998. i could talk about 1996 when yeltsin was standing for reelection. and was was terribly sick, terribly unpopular. and they really they really had to make enormous efforts, gerrymandering and all the that people do to try to win elections when they're very much behind. and they controlled the media at that time. yes. the west did pour in a little bit of money to help, but it was never enough. the first deputy prime minister, the guy who formulated economic policy for yegor gaidar, said, you know if you could give us just, you know, half as much, we'd probably be able to our economy to take off and really establish a proper market system. but you don't. and there was a lot bitterness in

a demand to change a number of paragraphs of the law on countering inflation, which are contrary to wtoms, otherwise europe will take retaliatory measures. a new multimedia project is dedicated to normandy neman the ministry of defense presented archive documents on the history of creation and the tasks that the french fighter aviation regiment solved, some of these evidence of the time is published for the first time and heads will continue the theme. yes, the yellowed pages of the history of the normandy neman air regiment forty-second year, general degul proposes the leadership of the ussr to send the french military to the soviet-german front, an agreement was reached that the french pilots are in the soviet union and from them an air squadron is formed, a squadron, and then the regiment is formed from pilots who fled from the vichy regime normandy, after the name of the french province, through africa and the middle east to tehran and from there to unknown soviet union on november 29, the first plane landed in ivana with pilots. with five mechanics of very commanding staff, the fre

and paris are ready to offer similar measures to support local producers, even if it runs counter to wtoerts say a return to barrage tariffs is not excluded. at the end of the issue, let me remind you the exchange rates for today , the dollar is 60 rubles. 37 kop. euro 62 44 is all for now. in the luhansk people's republic, the alchevsk metallurgical plant resumed its work. now it reaches its former powerful capacity in just a year they plan to produce about 1.5 million tons of steel with details by sergei yesenin the trolley climbs the mountain in a few seconds, its contents will be in the vent of a man-made corner , it will absorb, digest and expel another batch of ferrous metal from itself, an endless production cycle. hour by hour multiplied by years. and nothing can interfere with this work. the metallurgist, no less important than the miner, is a profession in this region of russia and the same respected tamers of magma steelworkers risk their lives every day, perhaps this is exactly what hell looks like, but here at the alchevsk metallurgical plant everything is perceived in a com

berlin and paris are ready to offer similar measures to support local producers, even if it goes against wto, experts say that a return to barrage tariffs is not excluded. at the end of the issue, let me remind you the exchange rates for today the dollar is 60 rubles. 37 kop. euro 62-44 that's all for now. in warsaw, they demanded that ukraine apologize for the volyn massacre, this was stated by a polish political scientist, kleshik, sykulsky in an interview with a local building. he reads the non-recognition of ukraine and the facts of genocides are outrageous against the backdrop of military assistance. kiev from warsaw, ukraine to this day not only has not apologized, but has been preventing the last 30 years from the gum father and the victims of this genocide , tsikulsky said, adding that poland does not have an equivalent replacement for the weapons that were transferred to his political scientist confident in warsaw should supply an ultimatum if ukraine does not recognize the crime of supplying weapons to kiev should be frozen. celebrations were held in dagestan events dedicated to th

officially the third driving force of the communist party as a result of the seventh economy of the world, wto the very principle of chinese reforms is equal to the market plus the freeze of political transformations then worked flawlessly. having ensured the rapid development and the title of the main factory of the world, open to investment and foreign capital, his atypical behavior for the chinese leader caused a huge interest abroad, easily take a microphone and sing elvis presley's hit play the national instrument of journalists naive career in moscow at the legendary zil where in the mid-fifties the future chinese leader apparently took an internship, and fell in love with russian classics, which he read and quoted with pleasure. more energy and in general, the russian language, which during each visit to russia did not allow the opportunity to speak, is a great people. they are connected by dark friendship, his every visit to russia was established by an event as if tolstoy's estate in yasnaya polyana with bread and salt , flowers to the grave of the writer or the fiftieth anniversary o

is a wonderful organization, when in the united states it was profitable to exist correctly the wtored against us sanctions contrary to the statutes and their obligations. everyone forgot about that's yesterday's vote. a wonderful story, and he is also a proxy, so, of course, answering the question, when will the west stop the story with proxies, proxies, in general, are the essence of western civilization and western culture. uh, if cain was a westerner, he would, uh, hire killer for sure and then say that he was nothing, he had nothing to do with it. and in general, under no e cases, and it all just happened as a result. uh, mistakes only after the west a system today from a global advantage. if we look strategically, first of all, the financial instrument of the dollar will fall apart, then the proxy system will stop, perhaps a system of other proxies, chinese or whatever, will begin. this whole story has shown us since 1991 that we must control all neighboring countries if we are talking about the security and existence of russia, and i also want to add to this one . very nice.

under the us and the eu specific non-traditional forms of international relations, the director of the wto wife in the series about the slave izaura clearly made a dizzying career, the chairman of the european council, smiled stiffly. although he knew perfectly well that no one had been listening to the european councils for a long time, so as not to lose one of the participants in the summit of the british prime minister, they decided not to dance, judging by his appearance, the last day taxpayers. he spent it on styling and a brand new suit in the eyes of the prime minister was read by herself, a determined determination to warm up, in bali for all the british. british. i didn’t know at all how to be able to solve the world’s old problems, but on the other hand , i knew very well, how to throw new ones into the canadian, he thought about asking for a double room for himself and macron torn off, leading modeling agencies. and canadian voters would gladly get rid of remembering macron trudeau's instructions, he did his best not to wag. the booty turned out every other time the german had a

world trade organization, if washington does not make concessions, the issue will be raised at the wto , here it is a real clownfest mass dismissal of the company's bankruptcy. this is now a new reality for residents of countries with the west. why did the us federal reserve and the bank of england raise interest rates, how did we manage to avoid economic miscalculations and avoid falling into a financial trap. alexey avdonin will decompose hidden relationships between politics and economics in the author’s republic hello this is a simple economy with alexey avdonin today we ’ll talk about the global economy and our guidelines the latest decision of the us federal reserve system and the bank of england speak of the imminent start of a global economic collapse, so on november 2, the us federal reserve raised the base for the sixth time at the beginning of the year interest rate. the decision was made, ostensibly to fight inflation on november 3, the bank of england also decided to raise the key rate. now it is at its maximum for the last 30 years, like houses of cards fell on inflation

policy in diameter brought the chinese economy to the seventh place in the world officially secured the wto of the people's republic of china yes, and in general, it was under him that chinese entrepreneurs were officially declared in such a driving force of the communist parties , the same as the working peasants and the business of china's formation as a world factory took shape, just during his reign, his election as a general secretary at one time, generally called such a successful compromise between supporters of reform and conservatives in the country's leadership. but what else is important to note precisely when uncle mini, who, by the way, began his working career as a legendary zil and then stalin's moscow plant where she was senior in the fifties, where, apparently, he fell in love with russian classical literature. what he spoke about more than once, and in russian, later in the nineties, not just the warming of moscow and beijing began so systematically. uh, such preparation for big agreements. after all, many people remember well, here are the very pictures with boris yeltsin

world trade organization, if washington does not make concessions, the issue will be raised at the wtoe it is a real clone fest mass dismissal of the company's bankruptcy. this is now a new reality for residents of countries with the west. why the us federal reserve and the bank of england raise interest rates, how we were able to avoid economic miscalculations and not fall into a financial trap, alekseevdonin will decompose the hidden relationships between politics and economics in the author's heading. hello this is a simple economy with alexey avdonin today we will talk about the global economy and our guidelines, the latest decision of the us federal reserve system and the bank of england speak of the imminent start of a global economic collapse, so on november 2, the us federal reserve raised the base interest rate for the sixth time at the beginning of the year. the decision was made, ostensibly to fight inflation on november 3, the bank of england also decided to raise the key rate. now it is at a maximum for the last 30 years, following how the houses of cards fell down on infl

he said into the wto. whether that is true is an empirical question.tically and speaking to the shrewdness easiest similar thing with immigration a complicated issue simply that conservatives opposed. but what happened with the rise of isis with the jv team trump proposes the muslim then to take immigration and combine it and then we have to those who are searching for jobs or to make america safe. you can see that he can put these issues together in 2016 something they're not able to do in 2020. >> is time for questions. >> one reason we have these discussions it is apparent the small government conservative and is toxic now. there are 18 of us working on this project. i thank you have to reconcile with the life of the programs. had you know about achieving those and the best way to maximize limited government in economy? once we have a social contract we all agree should exist the task make them perform the best and then they want government to run it all and commando of resources. they want to use it as an extension and then to give these services t

most trade experts are pro- ccp in pro- wto. must gop policy types have sympathy for generous immigration amnesty. desantis and his team will be with memorandum supporting all of these bad ideas. my guest, and it's just a guess right now is that he and any smart serious candidates will consult with everyone and the gop, but avoid the establishmen trap. how can you campaign with a fresh populist message that affirmatively embraces america first policies? that has the best chance of winning, and that is the angled. now all eyes are on georgia, nevada and arizona is the senat majority hangs in the balance i the moment we are expecting a new number out of maricopa county in arizona. joining now is civil rights attorney, chairwoman of the republican national lawyers association. thank you for joining us, i kno you're a little under the weather, but you fight in play through injuries and only, you are down there in arizona, what are you hearing thus far? to get it has been a long day and the war room today, laura. we have had all kind

under what we call wto rules. works really, really well. of course, a trade with the us would be an improvement it really isn't improvement but it really isn't the and end all and it's the be all and end all and it's the be all and end all and it's the union has been the european union has been negotiating us try and negotiating the us to try and get trade deal since 1957. get a trade deal since 1957. yeah right. so these things take years and years to come to fruition and the political stars have to be very much aligned. so i don't think it's a great disaster that we haven't got a trade deal with the us. i think what is a bit strange is that we've got people in politics in media talking about a completely separate negotiating arrangement that switzerland has with the eu, which isn't even available to us. it's not an off the shelf thing. it's something that the swiss developed over many, swiss have developed over many, many years of little court cases with european of justice as with the european of justice as com

china joined the wto it also successfully oversaw the return of hong kong to china from the uk, and itas a time when gm, mcdonald's, as well as a lot of other multi-american nationals came into the country because it was a time when there was tremendous economic reform opening up there are already comparisons being made to the time of jong xeomin or before the tiananmen square incident in 1989. that's because there was also a death and memorials which had sparked the tiananmen square protests so people are making comparisons already, and in light of the fact we have these covid protests as well as a lot of these concerns, the chinese leadership is going to be thinking a lot about this. >> eunice yoon is your audio up can you hear me? >> reporter: now i can hear you. >> my question before was guan guangzhou, is beijing preparing a response they've seen several days of this unrest. the police presence is there there has to be some more, i guess, forceful approach they're taking whether it's formalized or not >> reporter: no. beijing -- the seen your leadership has not actually acknowledg

you and i met back in 2005 in hong kong when the wto talks were going on.lks, i wanted to ask you about how trade talks uc going no, essentially, there are competing regional trade deals, whether it is tpp or rcep. and indo pacific economic framework. are these going to be all for naught if the real discussion will between the united and china supremacy? karan: i don't think so, i think these are important talks and real talks that are going on. we see in the digital space, digital economic partnership agreement talks. these are meaningful. we will have to see what comes out of them come about the issues that we are looking to address our 21st century economic issues having to do with things like technology and barriers to trade that are new and different from the ones that existed before. we are following closely, we are optimistic that some of these things will come to fruition. steven: how encouraged are you by the town that was set between joe biden and xi jinping? karan: from everything that we read, there was constructive discussions not happen. god i

why don't we involve the wtf an the wto, what we need is unelected global bodies who hav been able tolitical power, respond to full angel power and repress regular people . we are seeing the benefits all around us, i can't wait for you next policy to take our money, this is great. >> looking into what having a digital currency might mean in practice. i think it knows what i mean in practice more power if you know powers to use. this includes people that issue ensuring people's money would b safe and secure it could work with other ways to pay would be energy efficient. >> is going to be energy-efficient i was about to say is it's energy efficient. i've got to make sure. though, and a few other questions you wouldn't use this effort to implement control or to advance social credit types of systems or to shut down the bank accounts of people you disagree with or to surveilled people and have surveillance an now a financial arm that you're developing so that you can lockstep together and to gridlock us in a digital prison of surveillance tyranny. answer those questions? oh yeah. one of t

we are open to answers in a system where the wto is very weak and where real differences between the. and eu on regulatory matters continue. >> biden has been timid in my view. the biggest war since 1945. people of not been serious. -- people have not been serious about this. leaving every thing else aside. biden has been timid because there is opposition from both parties to move ahead. the good news is, it's the status quo which is a free-trade friendly status quo. i wish people made this point in the u.s. government, has there ever been a better case for free trade and capital for the u.s. and europe with vaccines? where were the vaccines made, discovered and invented? most vaccines used in the u.s. were physically made in europe. even when europe was falling behind us and in parts of europe. the idea we would go back to some kind of -- is ridiculous. i wish people took advantage of the solutions of the pandemic, mitigation, to say do we want not to be able to share the fruits of scientific research? the lesson sunken in a way, people are idiots about this. the bad news is, not hu

the wto rules and it's not friendly.istine mcphee has died at the age of 79. her family have released a statement. —— christine mcvie. a revered musician who is loved universally, the best musician anyone could have had in their band and a best friend anyone could have had in their lives. of course can out more on that story and the bbc�*s website. do stay with us here on outside source. still to come, talking to two french about no than the baguette. it's been awarded world heritage status by unesco. why? we will find out very soon. around 25,000 ambulances workers have voted to go on strike at nine health trusts in england and wales, increasing the threat of widespread industrial action in the nhs before christmas. our employment correspondent zoe conway reports. together in a show of strength, some of the biggest unions involved in industrial action, representing rail workers, college and university employees, postal workers and nhs staff. for the last ten years, ambulance calls have increased by over 70%, while the n

i think that the american law to reduce inflation does not comply with wto standards, these actions aretries of the european union. will be in recession next year such a forecast gives the international monetary fund global economic growth rates will be the lowest in recent decades, not counting the period of covid lockdown of less than three percent of the federal reserve, the united states and other major central banks are forced to raise key rates and, as a result , the cost of money in order to fight inflation. right now the biggest problem is muscle inflation concentrated on suggesting ways to bring it down, price stability is critical to growth rates, and for poor people, it's just critical to them is inflation. it 's an unfair tax on this. i've got more news for the next hour. the position of the russian military in the donbass is defended by artillery units to fight the enemy. they use self-propelled stud howitzers , also a rocket launcher system and a volley fire hurricane, alexei baranov on the effectiveness of these guns. with a volley of 33 for this hall, self-propelled arti

of the wto created by the americans is the decision of the us department of commerce.in principle, you already need to understand what the rules of the game are. the truth is not about us. if we are talking about our rules now, then we must create them, if we are talking about creating and maintaining growth. so we need to solve these problems, and it doesn't matter if we have a market or non-market economy. putin says exactly about helping people and fighting poverty at a meeting to support families with children in its wording. this is support. it should be not just stable, but tangible and weighty on january 1, 2023, a single allowance for seven with children from birth to 17 years old will be launched and i ask you to debug, here are all the organizational issues of the mechanism for calculating and paying benefits. of course, probably, some roughness may appear, you need to track this and make sure that everything works as expected. second, you need to create all the conditions for increasing income for everyone with children. what is the real income, so that fami

china's entry on the global economy, particularly as of its joining the wto, led to a massive increaseobal labor supply, global supply chains became more unbundled and efficient, lowering inventory levels and reducing costs. and energy markets changed fundamentally as well, as new producers emerged, notably shale , oil and gas particularly in the united states, making global oil and gas supply significantly more elastic. at the same time, globalization allowed growth to become less beholden to swings in domestic demand, as countries could rotate demand towards the rest of the world when faced with domestic slumps. this proved especially valuable in europe in the wake of the sovereign debt crisis, between 2010-2014, external demand as a share of euro area gdp more than doubled. when it was tough at home, we looked elsewhere, and it worked. these two forces meant that inflation became unusually low and stable. a floor under demand meant that major busts in domestic demand resulted in less volatile inflation. and elastic supply meant that major booms such as the one before the great finan

that is why china was brought into the wto with the trade benefits.r 20 years as economic espionage competition and military buildup. so, that would be great if xi jinping becomes a statesman and i hope we made progress today. but i thought that was a pretty stern opening by xi jinping. >> carley: a pretty stern opening by xi jinping and a meeting that will go down in history. the first time meeting face-to-face ahead of the g20 summit tomorrow that starts tomorrow and comes with so much going on with taiwan. obviously, the threat there. the war in ukraine and china becoming very close with russia throughout that war here at the ongoing threat about what the nuclear ambitions of all of the actors between china, russia, iran, also korea and then seeming to group together in a strange alliance at this very time here that is wiping considered such an important meeting, dr. grant, thank you for joining us this morning. we will keep an eye on all things out of this meeting in bali. we appreciated. in the meantime back at home 65,000 residents in california