Jul 25, 2008

WTO Talks Heading For Failure

Unless there is a miracle we are looking at a long delay before negotiations resume. Our Geneva sources are uniformly gloomy. And to make matters worse French President Sarkozy has just had an unhelpful brain fart which has thrown things further into crisis. The services signalling conference sheduled for tomorrow has been put off again to Saturday but most people are betting that Saturday will be the day to fly home. This has been a very frustrating meeting for PM in waiting Phil Goff who has had to sit on his hands for two days now while a small group try and nut things out.

The next 8 hours will tell.....