00:00So we're in a really dire situation right now.
00:03How important do you think it is that these upcoming talks that could possibly happen in Pakistan between the U
00:10.S. and Iran are fruitful?
00:12Because the clock is ticking down on the ceasefire.
00:15Like I said, it's just Tuesday and something solid needs to happen.
00:21Absolutely. And we need, if at all, to extend the ceasefire.
00:25And we need that street opened, that street opened, because it's not just oil.
00:31It's not just gas. You know, it's fertilizer.
00:34And that is what concerns me most, because if I look at the developing world, we have a pretty bad
00:41situation in terms of food security already.
00:44And that could get even worse. So we could deal with real hunger.
00:48And that's not a good place to be in.
00:51And I would like to sort of refer you to the IMF World Bank spring meetings that just took place
00:57this week.
00:58And the IMF has revised its world economic outlook.
01:03And there's been some quite hefty downward revisions there.
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