Killing CBAM European Commission Executive Vice President Frans Timmerman says that the Carbon Border Adjustment Mechanism would not apply to Japan due to that country’s green measures. He then mentioned discussions with the U.S. on coordinating such measures. While the Biden Administration has mentioned support for a border carbon tax, they have not made it a part of the gargantuan $3.5 trillion reconciliation package. In fact, given the spike in energy prices, it is now politically unpalatable to further raise the cost of conventional energy. Africa specialist Uri Dadush of the Policy Center for the New South argues that the EU’s CBAM is likely to do more harm than good. He says the fact that Brussels has only designat...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.