Russia-Ukraine: Two years of war
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Paige Fusco

Graphic Truth: How does Red Sea chaos affect your wallet?

Attacks on commercial shipping by the Iran-backed Houthi rebels in the Red Sea have thrown yet another wrench into global trade, which has already struggled in recent years due to the COVID-19 pandemic and the war in Ukraine.

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Crisis at the WTO: Fixing a broken dispute system
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Crisis at the WTO: Fixing a broken dispute system

The appeals body of the World Trade Organization (WTO) is like the Supreme Court for global trade. But it’s fundamentally broken: it hasn’t been able to hear any cases or issue decisions since 2019.

The US has blocked new appointments of WTO appeals judges under the Obama, Trump and Biden administrations, complaining that the organization’s rules have hurt US jobs and industry while it lets China protect its massive domestic market from foreign competition. Until WTO reform happens, the US says, it will block any new judges from sitting on the appeals bench.

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Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala
Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala | GZERO Media

Africa's economy could rival China or India, says WTO chief Ngozi Okonjo-Iweala

The African continent has a population of 1.4 billion people, but it imports more than 90% of its medicines and 90% of its vaccines. WTO Director General Ngozi Okonjo-Iweala says the time has come to open up the continent to globalization and encourage businesses to invest in African countries.

On GZERO World with Ian Bremmer, Okonjo-Iweala makes the case for decentralizing and diversifying global trade to open up new markets, bring Global South countries into the mainstream of the world economy, and reduce reliance on any one country for crucial goods and services.

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World trade at risk without globalization, warns WTO chief Ngozi Okonjo-Iweala
World trade at risk without globalization, warns WTO chief Ngozi Okonjo-Iweala | GZERO Media

World trade at risk without globalization, warns WTO chief Ngozi Okonjo-Iweala

On GZERO World, Ian Bremmer sits down with WTO Director-General Ngozi Okonjo-Iweala to talk about world trade, the complicated business of moving goods and services across borders around the world.

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Podcast: Calling for the "reglobalization" of trade: WTO chief Ngozi Okonjo-Iweala

Transcript

Listen: Ian Bremmer sits down with World Trade Organization Director General Ngozi Okonjo-Iweala, the first woman and first person from Africa to lead the organization, for a conversation about the good, the bad, and the future of global trade on the GZERO World podcast.

In the last half century, globalization has dramatically increased economic output, created hundreds of millions of jobs, and lifted millions of people out of poverty. But development between countries has been uneven, and global inequality is on the rise. Covid-19 and the war in Ukraine disrupted exposed weaknesses in the supply chain. And rising tension between the US and China has led to a world economy that’s becoming increasingly fractured.

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Ian Explains: What is the World Trade Organization?
Ian Explains: What is the World Trade Organization? | GZERO Media

Ian Explains: What is the World Trade Organization?

You probably don’t spend a ton of time thinking about the World Trade Organization (WTO), but it has a huge role in almost every aspect of your daily life—from your morning Brazil-roasted coffee to the Chinese-made smartphone you’re probably using to watch this video.

The WTO is an international organization that deals with the complicated business of moving goods and services across borders. It’s kind of like the referee for global trade, setting the rules and providing a forum for countries to negotiate agreements and resolve disputes. It’s why you can buy avocados from Mexico, clothes from Vietnam, or cars from Korea in the United States without a second thought.

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Debt limits of rich countries hurt poor countries' growth, says World Bank's Malpass
Debt limits of rich countries hurt poor countries' growth, says World Bank's Malpass | GZERO World

Debt limits of rich countries hurt poor countries' growth, says World Bank's Malpass

Does the global financial system need a major overhaul?

In his final interview on GZERO World as president of the World Bank Group, David Malpass discusses a serious problem with host Ian Bremmer: the consolidation of economic and political power in the hands of the wealthiest countries. The world is facing a massive debt crisis––60% of low-income countries are now in debt distress or dangerously close to it. The poorest countries are paying an average of 16% of revenue on servicing loans.

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What the US and Canada really want from each other
What the US & Canada really want from each other | GZERO World with Ian Bremmer

What the US and Canada really want from each other

US President Joe Biden and Canadian Prime Minister Justin Trudeau finally had their COVID-delayed summit in March 2023. Biden and Trudeau clearly get along, and US-Canada ties are as strong as ever. Yet, some thorny issues still need to be ironed out.

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