World Perspectives
energy

Petroleum; Europe’s Future

There is a terrific mess in Europe, and the attitude of the newly-elected Greek government that it must be granted debt relief is posing a massive challenge.

The price of petroleum jumped more than 8 percent today to $48.28/barrel, but our latest survey (see graph below) indicates a consensus view that it will stay around $50/barrel during the months ahead.Meanwhile, there is a terrific mess in Europe. Chances are that the eurozone will muddle through as it has in the past, although the attitude of the newly-elected Greek government that it must be granted debt relief poses a massive challenge. Some blame Germany and other large members of the EU for imposing unbearable austerity requirements on a democratic government. Others suggest th...

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From WPI Consulting

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.

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