Loss/Damage Splits Developing EU Executive Vice President for the Green Deal Frans Timmermans announced at the COP27 meeting that Europe could support contributions to a Loss and Damage fund to help developing countries with climate change, but only if China contributes. After all, China is the third largest subscription to capital in the World Bank as well as at the Asian Infrastructure and Investment Bank where it buys influence. It also looms large as it spends large amounts in 68 countries under its Belt and Road initiative. Developing countries have tended to support both China and India retaining their own “developing country” status in the WTO but the prospect of larger handouts from a Loss and Damage fund has some devel...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...