Risk of Precaution Several European countries stopped vaccinations with AstraZeneca’s product out of an abundance of caution that it was causing blood clots in some recipients. The EU’s medicines regulator now says there is little risk (EMA data shows a 0.0006% rate of blood clots from the vaccine) and that the benefits outweigh the risks. Even the conventional flu vaccine can cause Guillain-Barré Syndrome and even death in a miniscule number of people, but millions of lives are saved. Unexamined is how many more people were infected with COVID-19 or even died due to the hiatus in issuing the prophylactic. Indeed, that is the problem with the precautionary principle in that it focuses solely on risk at the expense of ben...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
From WPI Consulting
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.