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Doha Trade Round Faces Risk Of Collapse After 10 Years Of Talks

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http://www.guardian.co.uk/business/2011/apr/24/doha-trade-talks-threat-of-collapse-geneva-wto

Make-or-break talks will be held in Geneva this week to rescue the troubled Doha international trade round, amid fears that a deepening rift between rich and poor countries will see the collapse of almost 10 years of negotiations.

After months of stalemate, the World Trade Organisation has set a deadline of Friday for the leading players to cut a deal in the key area of industrial tariffs. Pascal Lamy, the WTO's director general, described the situation as "grave" after seeing no signs of a breakthrough since the start of 2011.

He had said it was crucial for progress to be made by Easter if there was to be any chance of completing the round by the end of this year. In a clear warning about the state of the talks, Lamy said negotiators should "think hard about the consequences of throwing away 10 years of solid multilateral work".

"This is the diplomats in Geneva raising the white flag," said Jeffrey Schott, a fellow of the Peterson Institute thinktank and a former US trade negotiator. At the G20 summit in Seoul last year, world leaders committed themselves to completing the long-running talks, but Schott said "the G20 leaders have dropped the ball on this".

How much has been spent on waffling for 10 years? I wonder how many lunches have been paid for by the taxpayers of the world to fund these talks?

They won't throw away 10 years of chat, they'll just agree to continue chatting at various places around the world at taxpayer expense and just drag this out further.

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http://www.guardian.co.uk/business/2011/apr/24/doha-trade-talks-threat-of-collapse-geneva-wto

How much has been spent on waffling for 10 years? I wonder how many lunches have been paid for by the taxpayers of the world to fund these talks?

They won't throw away 10 years of chat, they'll just agree to continue chatting at various places around the world at taxpayer expense and just drag this out further.

Exactly, just another group of non-productive bods making work for themselves. Total pi$$take.

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Exactly, just another group of non-productive bods making work for themselves. Total pi$$take.

The recruitment pages of the Economist are packed with non jobs of this sort- an entire profession that preaches the virtues of utility while being effectively useless for all practical purposes.

And the one time being an economist really mattered, when the system fell over, most of them were so far up the rear ends of their sugar daddies they had no clue what was going on, being too busy spouting whatever garbage their sponsors required them to say.

Window dressing the lot of them.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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