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SUNS # 9686 Thursday 10 November 2022

Trade : DG's proposal for an increase in WTO budget makes little headway (PRIV)
(D. Ravi Kanth, Geneva)
The much-debated proposal of the World Trade Organization's Director- General, Ms Ngozi Okonjo-Iweala, to increase the WTO's budget by 7.7% from CHF 197.2 million to CHF 212.45 million in 2023 has apparently made little progress in the face of intense quizzing by WTO members on 8 November, said people familiar with the discussions.

COP 27 : Call for loss and damage fund that is fit for purpose (PRIV)
(TWN, Sharm el-Sheikh)
Developing countries made a strong call for a multilateral fund for loss and damage which is fit for purpose during the first informal consultations on matters related to funding arrangements for loss and damage on 8 Nov at the ongoing climate talks in Sharm el-Sheikh, Egypt.

UN : Global food prices remain broadly stable in October, says FAO (PRIV)
(Kanaga Raja, Geneva)
The international prices of a basket of key agricultural food commodities were virtually unchanged in October, with rising cereal prices countering falls in the prices of other staples, the UN Food and Agriculture Organization (FAO) has said.

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