Yesterday, Argentina held mid-term Congressional elections, with half of the lower House Chamber of Deputies and one-third of the Senate up for election. The winner was Javier Milei’s La Libertad Avanza party and its coalition partners. The La Libertad Avanza party won 40.78 percent of the vote, and the Peronist Party won 31.64 percent of the vote, with the remaining 27.58 percent won by various minor parties. In all, the La Libertad Avanza party now holds 101 seats in the Chamber of Deputies, up from 37 before the election, and 20 seats in the Senate, up from six seats. That is just three seats short of a Congressional majority. Though voting in Argentina is compulsory, the actual turnout was only 68 percent, the lowest s...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...