and one of the key pushbacks, we're going to end up in a trade war, and wto commitments. when you're a big country like the u.s. there's we can handle this. to your question a little more specifically. i think this unravelling means that we're probably going to see a lot more of these ideosyncratic kind of practically -- sort of like pragmatic approaches that will be problem solving in the moment, but will be probably challenging from a systemic perspective. so, the fta, not anyone's concept of an fta. it's a genuine work-around. as a pragmatic work-around, politically that seems found, but deeply undercuts the idea what it would mean that you have to have a free trade agreement with the u.s. in order to get access to the tax credits. i think we will see a lot more of that going forward. the final thing i'll say, i think that this notion of requirement that builds on trade principles, decided in force and u.s. efficiency stats have been around for a while and you've written tons of that better than i do, and it's possibly now going to play, whereas i think that was constr

it manifested earlier with the wto. the two run aground many years earlier for multilateral trade liberalization. the failure of a general lack of energy for trade negotiations i think reflected failing support among key members of the international trading system. i think the unique challenges posed by talent -- china as well. i think that was a serious issue . it is something that has metastasized to the enforcement agenda for wto. the wto is no monger functioning to enforce wto rules on its membership because of the and ability to perform and create a firm foundation for the wto litigation system. that i think is the second sort of failing of the wto system. there seems to be very little appetite, certainly in washington. i think there is sort of failing ambition globally to sort of save the wto, which puts pressure on all of the other mechanisms by which countries can create and trade rules, create level playing fields or address some of the negative externalities and also promoting liberalization with interested pa

just now talking to the head of the wto saying she lost the argument, he is more or less right. french shoring is an entirely sensible policy when you look at the world around you. we have already seen what relying on russia has got us with respect to energy prices. an energy prices is essentially one of the key factors that has been slowing down global growth. you look at oil prices and natural gas prices over the course of the last three to six months and have gone up by 25%— 35%. thank goodness for us shell, 13 million barrels a day of output that has helped mitigate some of that outward pressure and prices. and ultimately the world is becoming a much more dangerous place and key arteries, the suez canal could be at risk if this particular conflict escalates. it is perfectly sensible to harding supply chains. countries are all been doing that was signed the cptpp just recently. that really is the way forward. unless the geopolitical outlook starts to soft and a little —— soften a little. soft and a little -- soften a little. ., ., , , little. unfortunately, time is a . ainst

what we are urging from wto reimagining globalization and to use this opportunity to regloballize, that's what we call it. supply chains to those countries that were left out in the first place and using this to bring them into the margins of global trade. so that's how our continent can seize the opportunities. why should we import 90% of our medicines and 99% of our vaccines? why can't we manufacture them in our continent? why can't we add value to minerals, have them processed in the continent? the world needs that for recash- recarbonizing. >> i'm excited. like the united states could be better geared for access to international markets? >> well, i think -- we talked about it. have they changed anything materially for the country. we looked at the trade between european union and africa, the european africa is largest trading partner now by taking by china by 2030. we look at 14 epa, economic agreements negotiated with the eu and we look and saw that trade has not materially increased between eu and africa. meaning we are not really benefiting. so i think we need to ask ourselves the

from our perspective, that is part of the process and reform conversation we need to have at the wto. we have a dispute settlement function that helps its members settle disputes and is not just a forum for lengthy and expensive litigation how do we have a system that facilitates the wto and doesn't stifle the work which is what we saw in the last 10 or 15 years >>> israel is continuing to launch air tries on the north of gaza and tanks advance into the territory in the second phase of the war with hamas the health ministry of gaza says the death toll surpassed 8,000 and including 3,000 children sky news security and defense editor deborah haynes has more >> reporter: we counted eight war planes this morning and multiple strikes you see gaza behind me a lot of them have been targeted toward gaza city in that direction. you can probably see some smoke behind me in the distance and also up at the northern tip of gaza, we don't know, obviously, what is targeted this is different than the previous two mornings we have been here where it has been much more the sound of artillery fire and t

at the wto forum.l put it that way. so we need a new forum, a new order for these complex issues, mainly economic security and global supply chain, or resilience. that does that fit with the wto norms of today necessarily and that is where the three countries can do and that is what they can contribute to the robust discussion for other countries as well. interestingly, there's no mention of the wto agreement at the trilateral summit at all. i think which is very indicative a meaningful. >> victor? >> i did want to pick up on this point by ambassador lee that, and solution i've been doing some work on this. the three countries, u.s., japan and korea, if you include australia as well, have a lot of capable and leverage when it comes to talking about countering china's economic coercion. it is a significant i think in both the g7 leader statements, the villain a statement by nato leaders in camp david, very explicit reference to coordinating and cooperating not just to defend against but to counter can i

in wto, no claim has been filed.tion, which is a normal rules—based mechanism and, in fact, it has become really public because it was all over social media. but i can assure you that it's just a family business between two countries and we are back to normal communication, and it should not be treated as something which caused a huge crisis in bilateral relations or any relations in europe. so, when the argument was at its height and the polish prime minister said that weapon supplies to ukraine would be stopped, can you tell me that they definitely have been resumed? what is the situation? at this point, we have not seen that this statement had affected the ongoing processes in terms of military assistance. hmm, that's a very tactful answer. i'm not sure what it means. are you getting weapons from poland or not? well, i'm not the minister for defence. i'm the political person in this issue, so i will check. but if there will be sort of problems like that, definitely, they will be brought to our and to my attention.

i will also note that this is by suspending some wto disputes. i wonder if you might be able to explain that as well. ambassador tai: i would be delighted to. i think in the case of india, we started this administration knowing this is an important economic relationship. where we have been really stymied over years, across a ministrations, in terms of trying to harness all the ways in which we feel like we have alignment into some kind of economic collaboration. and it has been very hard. what was interesting for me, and i hope he does not mind me saying this, my first conversation with a congressman from india was over zoom, early days in our administration, and i thought i would ask him because i was curious. and here i had the indian congressman on the line, why it was india with -- why india chose to withdraw from that, and right at the do or die moment, they decided no, we will take a pass on this. as he does, he gave me a very direct answer, which is, we did the economic calculations, and we saw it was not going to be a good deal for us. th

environment, sustainability, and climate at the wto. that has only grown since last june and it will continue to grow. we all know that climate solutions in order to be effective have do be things we are all participating in and the trade piece of this is central. so i think it is interesting to have from cup, building out a bridge towards the trade solution, building out on climate. the next weeks and months and years, and converge. looking good forward to helping to facilitate this happening. >> we know you will. thank you for your commitment and broad service, 200,000 miles. [applause] >> by a majority vot hse republicans nominated louisiana reprentive mike johnson as their new choice for speaker. becomes the fourth republican nin since representative kevin mccarthy wasusted from the position three weeks ago. the full house reconvenes at noon for a possible ur round of voting. if every member is present to vote it wouldeqre 217 votes to become speaker. as always you could wchhe house live on c-span on the free c-span now video apps o

among the conditions, the withdrawal of the ukrainian claim against poland in the wto, the terminationukrainization of trade, exhumation of the bodies of victims of the volyn massacre, as well as the participation of polish companies in future reconstruction in ukraine. parliamentary elections in poland on october 15. and in latvia they decided to fight against dissident officials and they could be dismissed from office if they were found to be disloyal to the latvian state and constitution. this proposal was made by the seimas national security commission. it is clarified that for dismissal it will be enough to express an opinion publicly or do something that can be regarded as a serious threat to the work of the institution or interests of the state. the reason for the bill was a petition addressed to parliament: to prohibit pro-kremlin- minded persons from holding positions in state and self-government institutions. the document collected over 13,000 signatures. there was a train accident in india, where the srils express passenger train got off. four people died and about 100 were

in wto, no claim has been filed.on that's normal rules—based mechanism. in fact, it has become really public because it was all over social media. but i can assure you it's just a family business between two countries and we're back to normal communication. it should not be treated as something which caused a huge crisis in bilateral relations orany crisis in bilateral relations or any relations in europe. when the argument was at its height and the polish prime minister said that weapons supplies to ukraine would be stopped, can you tell me they definitely have been resumed? what's the situation? fist definitely have been resumed? what's the situation?— what's the situation? at this oint we what's the situation? at this point we have _ what's the situation? at this point we have not _ what's the situation? at this point we have not seen - what's the situation? at this point we have not seen that l point we have not seen that this statement had affected the ongoing processes in terms of military assistance.— military

at the wto we've already let it be known that from our work and simulations we would lose fiver percentagents of global gdp in the long term. there will be double—digit welfare losses for poor countries and emerging markets. and it is because things will become more expensive? absolutely. if you have truncated trade, the world is predicated on free—flowing trade based on rules. if you have fragmented trade it becomes more costly, more inefficient and poor countries lose out. let's not overgeneralise to the point where we're trying to re—share everything to ourselves or nearshore to our friends because that will be more costly in the long run. i fear you've lost the argument with the g7 big nations, they've already decided they want their supply chains closer to home. they can't rely not just on china and some say we can't rely on korea or taiwan or... i disagree. i don't think we've lost the argument. i think in certain sectors, yes, absolutely. tech sector, semiconductors but remember those are two sectors and the overall goods trade is still happening 75% so i don't think we quite lost t

you spoke about wto whose mechanisms are available to state parties. i am wondering to what extent do the provisions of the ira make the u.s. more vulnerable to challenges to legal challenges breakfast take one more will have a couple left. >> thanks. you alluded to this earlier the u.s. has the opportunity to lead technologies with cabin and so forth. the current generation announced solar manufacturers to gigawatt capacity the current generation of fleets in china is 20 -- 30 gigawatt capacity. as a lot of economies of scale a lot of learning effects. are we dog chasing a bus that is accelerating? and if so what is a chinese reaction to that? >> legal implications? >> good question i do not know. i am trying to think through i was a negotiator for investment treaties we had establishment clauses. you were protecting investment but i don't that extended to the types of tax credits i would have to look at that, that is a good question for. >> can we catch up? >> i am not optimistic over the short run. that u.s. has tremendous technological dynamism eno

commerce denounced the antisubsidy investigation is lacking adequate evidence and not conforming to wto rules. paging warned that the eu must safeguard the stability of the global supply chain and be prudent in taking punitive measures. china's main automobile association called the eu probe and obvious act. let's end with a look at the market. a selloff of the bond market east with yield on the 10 year and treasury bonds coming down. the dow jones ended up. the s&p up .8%. oil prices on reports that russia might ease a ban on diesel exports soon. weak demand for gasoline in the united states. brent crude and wti both dropped more than 5%. even as ministers from opec plus kept their current output cuts, their output policy unchanged at their online meeting. massive implications for the salt mine and the stability of the railway, i don't think they all thought it through which is disgraceful. anyway, my opinion. it's based on fact. let's bring in katerina at the big board. troops in the mali -- >> there have been hostilities between the army and separatists following this fallout, two an

at the wto we've already let it be known that from our work and simulations we would lose 5% of global in the long term. there will be double—digit welfare losses for poor countries and emerging markets. the head of the world trade organisation talked about concerns of the chinese economy and in a couple of hours it will raise radiator for will raise radiatorfor september, will raise radiator for september, closely watched for indications of a recovery in the world was like second—largest economy. stock market in hong kong and shanghai rose thursday after chinese arena will find increased steaks and full of the country's largest bank. purchases by the banks would have cost more than $65 million. the fund plans to further increase its holdings in the bounds of the next six months according to the regulatory findings. moving to the slump in personal computer sales. but that could soon come to an end, according to the tech research firm gartner which is forecasting a rebound of shipments in the final quarter of this year. that would be an increase from the 9% drop in thejune to september

i was looking at a report from the wto, the chief of the wto you now saying global growth, global economice impacted if the ongoing israel hamas war spills into the broader middle east and that goes back to the oil markets. that's what saudi could do for us right now. will they? not so sure. >> it's the same thing. when you ask someone to do something for you, that you have basically blas phemied in every opportunity you can, it's hard for them to understand why they should do something for you. the region is on the praecipes of an explosion. i think the saudis realize that. the one thing going for the biden administration is in the negotiation is the saudis want to actually suppress that, to keep it from going into an out and out regional conflict as opposed to containing it just to the state of israel and hamas in this battle along the gaza strip. cheryl: saudi arabia and also what's been interesting to play out is the role of qatar in particular with hostage negotiations. let's talk about what's happening on the ground there. israeli defense forces did expand the ground attack into gaza

at the wto, we've already let it be known that from our work and our simulation, we would lose five percentagebal gdp in the long term, and there would be double digit welfare losses for poor countries and emerging markets. and this is because things will become more expensive... absolutely. if you have truncated trade, i mean, the world is predicated on free flowing trade based on rules. if you have fragmented trade, it becomes more costly, more inefficient, and poor countries lose out. now after a long run of fast—rising prices across much of the world, inflation has been falling away in many places. but the latest data shows that trend slowing down. french annualised inflation is holding steady at 4.9%. spain's inflation is a bit higher, at 5.8%. and there's a very different story in china, where on the whole prices haven't changed at all over the past 12 months. let's hear now from tom rafferty, head of global forecasting and economics at the �*economist intelligence unit'. why is china such an outlier at the moment? they're definitely an outlier in the global... there's not enough demand

at the wto over china's wine imports.d china will undertake a review of its wind tariffs and in that period they will suspend their dispute. the move comes ahead of his trip to china next month and that is the first by an australian premiere since 2016. iphone assembler hung high says it will collaborate with chinese authorities on unspecified probes. earlier it was reported officials were conducting checks on foxconn subsidiaries, obsidian -- authorities were also looking into the firm's use of land. joining us now is director of geo technology at euro asia group. thank you for joining us. i want to start with that foxconn story. is this a simple matter of a probe investigation or considering that foxconn supplies apple, it is taiwanese and its founder is a candidate in taiwan's elections, is there a political dimension here? >> i suspect there is a chance that beijing is using this investigation to open a door of communication or jump into the presidential race last minute. and at the moment beijing's favorite candidate

alexandra sasnovich failed to make it to the doubles final of the wto-250 tournament, which takes placen china. the girl in tandem with russian kamilla rakhimova in the semifinals. 16 76 4:10 the meeting lasted 1:54 minutes. the belarusian-russian duo had not a single ace, one double fault and three converted breakpoints out of five. calgary yegor sherangovich in the away match of the regular lost the nhl championship to columbus with a score of 1:3. elias lindholm scored the only goal for the flames. the belarusian forward is red. zolotykh came out as part of the fourth line, spent 11 minutes on the ice, made one interception, and finished the match with a utility score of minus one. let us note that this season for ogonki, sharongovich played five matches and earned one scoring point. belarus is a country with a rich and interesting history . that's how our country appeared today, this calegium of the educational establishment of the 16th century, this was the case in all of belarus, the education was free, the sights were literally. at every step, the church of the holy apostles pete

let me remind you that on september 18 , the ukrainian government filed claims with the wto against polando the situation around grain. after this, the countries stopped participating in the coordination platform with the european commission on grain issues. the european commission has officially announced the launch of an investigation against chinese electric vehicles. it concerns the protection of the eu market from low-quality competition. the department believes that electric cars from the people's republic of china are transported at the expense of subsidies that the concerns receive from chinese government, so companies can sell their electric vehicles much cheaper than eu competitors. and in the united states, long-term government bond yields rose to a sixteen-year high. this jeopardizes hopes for a soft landing of the american economy, writes the woll street journal. rising yields coupled with a stronger dollar could significantly slow down gdp growth. the risk of a collapse in financial markets is also increasing. also, a raise. early interest rates are pushing up mortgage rates,

and he's really, the police being in group is led by the wto. he by who's saying he is the way of, as you mentioned before, a configuration that holy land configuration of ease wetland, by this time in the future, which we allow all those settlers. so we find themselves in the bodies being in state. once we draw a boulder between ease, wet and biased, i duly main. do been in a by this time is a, it was, it is a, it will say palestine and they seek is dental use way. why the same number of but a senior citizens who would like to live in east way and we'd be allowed to do that as spellman in a residence. so then you can really a take off the table or the issue of evacuating hundreds of thousands of they offered a set list. and if, if they just removed, i believe that the way for an agreement will be open. and since sometimes in history or many times in his history, the full, its full piece will accelerated as a result of what you hold that this very said situation when we see our saves now fighting in gaza. and of course, the videos of heat and so

while the wto sees no clear signs of widespread deglobalization, some signals are cause for concern.is year has been cut to 8%. in april, they expected an increase in volumes by 7. this was economic news, briefly. i want to marry the tsar’s daughter, you fall in love with the characters , you want to cuddle them, you want to interact with them somehow, yeah, witchcraft, i liked emelya the most, of course, i liked vasilisa tsar’s night, this is a fish my, the pike of my dreams, every time people surprise me, it seems to me that the funniest of all was the tsar, a sensible man, good with humor, well, well done, huh? what a great guy, hot boy is generally super, he’s from england, or what? anfisa is simply gorgeous, a perfect combination for marriage, i agree, the underwater king is this fish with constantly shifting eyes, but it’s very cool, they remade the koshchei so cool, with the princess’s mother too, at first i thought it was smudged mascara, it turned out to be another one such long eyelashes, who smiles, movie pow, k pike command.

in order to improve relations, keyev must stop complaining to the wto because of the ban on grain exports also admit crime in the volyn massacre. this is vesti: philip trofimov studio. your own personal car navigator for everyone. yandex released what the company called navikit sdk - a set of tools for developing the navigator itself. based on yandex services, of course. that is, with relatively little effort you can make some original version of the program for your tasks, or integrate full-fledged navigation, with routing, traffic jams, etc., into your existing software. this could be po, for example. car operating system, they make an operating system that reports both the main dashboard, the driver, and multimedia, as well as some other passenger screen or rear screens, they want to combine it all into one ecosystem, and they don’t really want to give it away, somehow in some third-party application management systems, based on our sdk, they will be able to make an application that is built natively, and then it can be integrated. from the internal system of the car, for example, it r

economic system was based on space in the world, a single global space, this applies not only to the wtoome almost commonplace, primarily between the two... largest centers of power, well , not only the problems in trade of the usa, the european union and so on, this concerns something that was not talked about today, the huge accumulated crisis potential in the leading countries of the world , because when we came out, the world was emerging from the crisis of the tenth year, it was believed that several years would pass, this is the most debt debt overhang, it somehow means it will be removed through the efforts of the international community, the twenty, and so on, nothing like that, not only has it not been removed, it has even increased, and we see that today the largest regulators of the largest countries, banks, central banks of the largest countries are limited in their actions regarding inflation, primarily because there is this debt overhang, and if it is not carefully pushed, then all this will collapse and bury world trade and world investment, and we see that the technologic

escalation will have a negative impact on trade in general, there is a risk of food shortages, while the wtobal growth in merchandise trade for the current year due to a fall in aggregate demand across the board. the previous estimate dropped almost a percentage point to 8%. the conflict has already affected 15% of world trade, and 45% of crude oil trade. any conflict in this region leads to the need to search for alternative logistics routes, building new supply chains, and this ultimately necessarily leads to an increase in the cost of final products for consumers. but the direct participants in the conflict will be the first to see the effect, according to jp morgan chace, the israeli economy will shrink by 11% in the fourth quarter compared to the same period last year, but in other countries, big business is not yet feeling any changes, the tragedy that is happening now is not some kind of global economic event for company executives, about that of course you are worried for many reasons, but you don’t think whether this will affect your financial results in the next quarter, or how to

only meaning, it is a group of bodies genius and these rarely the police thing and group is led by the wto. he has any history of this. you mentioned before, a configuration that holy land configuration of east wetland, by this time in the future, which we allow, all those settlers who will find themselves in the bodies being in states once we draw a boulder between ease wet and by his die to remain there in, in a bite, his time is a residence, a all say palestine and they seek his ends of use, red light, the same number of bodies senior citizens who would like to live in east way. and we'd be allowed to do that as filming in a residence. so then you can really a take off the table or the issue of evacuating hundreds of thousands of a offered a set list. and if, if that is removed, i believe that the way for an agreement will be open. and since sometimes in history or many times in his history, the f thoughtful piece will accelerated as a result of what you hold that this very said situation. when we see, i will say it's now fighting in gaza and of course the v is a heat. and southwell and

only meaning, it is a group of bodies genius and he's really the police thing in group is led by the wto. he but who has any you still have, as you mentioned before, a configuration that holy land configuration of east wetland by this time in the future, which we allow, all those settlers who will find themselves in the bodies being in state. once we draw a boulder between ease, wet and biased, i duly main. do been in a by this time is a, it was, it is a, it will say palestine and they seek is dental fees, right? like the same number of but it's genuine citizens who would like to live in east way, and we'd be allowed to do that as film and in a residence. so then you can really a take off the table to the issue of evacuating hundreds of thousands of a offered a set list. and if, if that is removed, i believe that the way for an agreement will be open. and since sometimes in history or many times in his history, the full, its full piece will accelerated as a result of what you hold that this very said situation when we see our saves now fighting in gaza. and of course, the v is a heat and

this is something that israel is seeking that everyone is —— must leave the north even as the wto says people to leave, to get out of a war zone, it sensible to get out of the situation and not be caught up in a war zone. hundreds of thousands are taken the advice and not —— and move south. not everyone has taken the advice and we are aware of that. that's why we will be as careful as we can to distinguish between innocent civilians and the hamas terrorist. the ambassador who is now a senior adviser to the israeli prime minister benjamin netanyahu. we are expecting in the next hour for the israeli prime minister to brief the press here on this latest hostage video. just released by hamas's military wing. we are also expecting the three families who must have watched with alarm but also with some relief that their family members are alive but in such distressing circumstances. we continue to bring all the latest developments but for now from us in jerusalem we will say goodbye in hand you back to london. hello. the weather shows little sign of calming down over the next few days. in fac

group of eight, of course, russia was not a powerful economic power then, they allowed to join the wtot is, but this parallel is really preserved, and the fact that the west wants to take over russia surrounds it, and of course, what to do , they are trying to achieve some success primarily in ukraine, putin said about this that this war is not territorial, it is for the principles of a new world order, as they consider it more just, and actually within the framework of such a world order, of course, that in order to break nato, to show that it is not working, that russia itself has some legitimate, security fears and interests that must be taken into account, of course, they are preparing for something, either in the baltic or in the black sea, in relation to the same romania or bulgaria, well, bulgaria. to a lesser extent may be involved here, i would like to remind you that also in 2016 there was a corporation study that for 60 hours russian troops were near the baltic capitals, and it took a lot of time and resources to liberate these territories, which means when already connected

ministers, was present at the negotiations when ukraine joined the world trade organization , what is the wtos a compromise between domestic business and international business, we open our business for you, you open for us, so here it goes, went the transition period, when we were going, there was a fierce struggle and they said, give the income here three years, here five years, here 10 years, and here the international... the international monetary fund sees it this way, and the negotiators from the ukrainian side should come and say: no, we see that there is no need to raise taxes, we will do it at the expense of so and so and so, we must teach. to defend national interests , there is nothing difficult, this is a negotiation process, so do not rush to disperse this news, because you know, now the hype or hate will begin, that taxes will be raised, no, of course, we want to help our ukrainian position, yes, in order to make it clear that if there is an alternative way, so to speak, then we have to use it just now, you and i just discussed, according to the pdf, did you carry out any... mea

kyiv decided to challenge the wto ban.of ingratitude and are now waiting for an apology. relations between india and canada are also strained. newley demanded that atav recall about 40 diplomats, writes the british financial times. according to the publication, embassy employees should return home within a week. otherwise, they will... be deprived of diplomatic immunity. the international scandal was initiated by canadians. two weeks ago, prime minister trudeau accused the indian government of involvement in the murder of a canadian sikh leader. new daily rejected the suspicions since then the countries exchanged expulsions of diplomats. and indian citizens are advised to refrain from traveling to canada. a powerful explosion occurred in the english city of oxford; flames were visible tens of kilometers away. a fire broke out. there were interruptions in mobile communications, rescue teams immediately arrived at the scene of the emergency. experts found that at a food waste processing plant, lightning struck a biogas tank,

kiev decided to challenge the wto ban; in response, the poles accused their neighbors of ingratitude waiting for an apology. but relations between india and canada are deteriorating; they demanded that atav recall about 40 diplomats, he writes. according to the publication , embassy employees must return to homeland within a week, otherwise they will be deprived of diplomatic immunity. the international scandal was initiated by canadians; two weeks ago, prime minister trudeau accused the indian government of involvement in the murder of the leader of the canadian stikhes. newday rejected the suspicions, since then the countries have exchanged expulsions of diplomats, and indian citizens have been advised to refrain from traveling to canada. on other topics: in st. petersburg, cadets of the makarov university began training on the latest navigation simulator, which is the first in world received international accreditation. it simulates real arctic conditions with mathematical accuracy, conveys the dimensions of a wide variety of vessels, from tugs to giant tankers, artyom poter will

hand he took help from his western neighbor, and with the other he wrote complaints against him to the wto because of the ban on the sale of grain. now warsaw. to persuade the entire western world not to stop supporting, a telephone conversation on this topic with the most prominent politicians in europe was personally organized by joe biden. after this conversation, polish president andrzej duda said that his country is key in providing assistance to kiev, that it is through poland that the only highway goes from the west to ukraine, he recalled both the railways and the airfield in rzeszow, through which also weapons are coming and he promised, albeit halfheartedly , to fulfill all his obligations. let me remind you that earlier, polish prime minister mateuszki said that warsaw no longer supplies kiev with weapons; apparently, this phrase turned out to be nothing more than a loud pre-election statement. however, the love that poland showed zelsky with all its might a few months ago is clearly no longer there. in warsaw, for example, they said that they were unlikely to extend social assi

these procedures exist within the wto framework and how to deal with trade developments. >> at the same, the language out of beijing suggests they are unhappy with the european commission. they warned of the retaliation. china is an important export market for the eu. how do you tread that path between wanting to protect some of the national industries in germany which is a focus here versus keeping the trading relationships alive with china? >> indeed, china is the second biggest trading partner. it is important we continue to engage and seek beneficial solutions. also, it must be noted that our trade relationships is imbalance. we are seeking to address the imbalance. that is why we are focusing on market access in china because eu market is more open for chinese goods and companies and chinese market is for the eu companies. >> given the fragmentation, vice president, given the uncertainty in the united states, the challenges i could go on and on. there are several. are you on track to lower your expectations for the eurozone? >> our current economic forecast is 0.8% growth this year

it is not something that is authorized under wto rules. nevertheless under national security reasons the u.s. is pursuing this strategy. it will be effective and it will slow china down. it is only going to accelerate china's own investments in developing their own capabilities. we think they are a long way off from being able to replicate what asml has done, but by repeating the process that intel and ibm and global founders use, smick and get close to some of the most advanced chips as is shown in that huawei chip. caroline: we ask you to put a policy hat on. do try to take that hat off when it comes to having the to such companies. you said you have limited your exposure because of some of the issues with u.s. china. what about nvidia that at the moment can sacrifice chinese sales. ultimately do you want to be out of companies that have such exposure to china? joanne: the investor hat, the portfolio manager hat requires you look at policy. you need to handicap what will be in the u.s. interests, what they will try to do, as well as the

already australia is making moves to ease tensions even more especially when it comes to disputes of the wto ben: this will be a seminal test for albanese. he will be treading a thin line between those who want more warming with china, which includes china itself. the ambassador said recently that he wants to see australia and china move beyond stabilization into a warmer ughness. then there are others who would like to see australia keep china at arms length. they will be looking for albanese to press australia's case, to stand up for -- who is still in china despite the release of the hostage last week. and all those wine tariffs are under investigation by the chinese government. a five-month review. so there is a lot at stake for albanese's visit, other people will be watching exactly how he handles that. shery: bloomberg government reporter ben westcott the reporting from camera. other political stories we are tracking around the world, japan's ruling liberal democratic party has suffered a setback after a pair of special elections on sunday. the party lost an upper house visit on the is

wto list going to have to around. wto list all|oing to have to around.all the; to have to around. wto list all the otherave to have to list all the other candidates you've named candidates because you've named him. you. him. we will bring that to you. >> fighting a good >> oh, he's fighting a good fight. an uphill fight. obviously, it's an uphill battle. it very battle. the media framed it very much as a battle between labour and think if and the snp. but i think if you're and you and the snp. but i think if you'rnto and you and the snp. but i think if you'rnto strong and you want to see strong representation local representation for your local area delivered area from a chap who's delivered in council in glasgow already, then for thomas kerr then i'd vote for thomas kerr just just promise our just to just to promise our viewers that we will list all the candidates in that by—election on thursday in rutherglen. >> final to you . you >> final question to you. you are minister. should are an energy minister. should the chancellor, jeremy hunt, have a fligh