World Perspectives

Budget and Debt Overview

As of 7 February, either the suspension will have to be extended or a new debt limit established. If not, the Treasury would have to resort to its extraordinary measures in order to finance government operations as it did earlier this year.The House and Senate budget conference committee, established by the deal to re-open the federal government after a three-week shutdown in October, has had two official hearings to date. On 13 November, the Congressional Budget Office (CBO) presented an overview of the economic and budget situations to the conference members. As the chart below shows, Social Security and Medicare have increased the most against the baseline of gross domestic product (GDP); both are exempt from the current sequester proces...

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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.

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