Peter Mandelson, former EU trade commissioner and British Cabinet minister, throws his hat into the ring to be the next boss of the World Trade Organization (WTO). He makes his pitch as to why he could pull the WTO out of crisis — and why Britain's Conservative government might back him. He also discusses tensions with China and the path he foresees for a deal between the EU and the U.K.

The POLITICO podcast crew — Andrew Gray, Rym Momtaz and Matthew Karnitschnig — review the state of play as EU leaders hold a virtual summit on economic recovery plans and the bloc's long-term budget. They also discuss Emmanuel Macron's visit to London and ask how the U.S. outmaneuvered the EU in its own neighborhood with Kosovo peace talks.

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