Common Poverty Chinese President Xi Jinping has taken the Communist manifesto to heart and declared a “common prosperity” for all Chinese. Socialism and capitalism successfully coexist but it is dependent on private businesses retaining a degree of independence, certainty about the rules, and not being starved of its fundamental grease – capital. The Party may well achieve the perfect mix of shared wealth and continued growth, in which case western democracies will increasingly be on the defensive, but there are no preexisting successful models. Norway has high per capita GDP and exceeds at having common prosperity (e.g. low Gini coefficient), but it is a full democracy. Belarus exceeds at having common prosperity...
What You Need to Know Today: Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has threatened to do next week if negotiations between the two nations do not resume. President Trump is scheduled to deliver a primetime addre...
Turkeys for Thanksgiving are typically placed this month. Turkey production has suffered from HPAI and other diseases for the past two years, and placements are still down overall. However, at more than 34 pounds per bird, overall production is being supported by heavier weights and increased p...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
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.