German Finance Minister and Vice Chancellor Olag Scholz told his audience at the Peterson Institute in Washington that transatlantic partners should not get caught up in debate over trade balances. By contrast, Roberto Azevêdo, director-general of the World Trade Organization, specifically told his World Bank/International Monetary Fund (IMF) audience that global imbalances such as some countries carrying long-term current account surpluses while others have had long-term deficits need to be addressed. Azevêdo implicitly chastised the Trump administration for using trade policies to correct imbalances but acknowledged that coordinated action is needed to correct them. Yet Europe plays into Mr. Trump’s hands by perpetuatin...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.