Discounted Rainforest Europeans are opposing a free trade agreement with Mercosur, in large part because they argue Brazil does too little to stop destruction of the Amazon rainforest. Now Brazilian Environment Minister Ricardo Salles has offered an economic solution. If his country is offered $1 billion, he commits to reducing deforestation by 40 percent. There is nothing to otherwise prevent Brazil from exploiting its natural resources the same way most older nations have done eons ago. It is a pretty good value proposition. The program monitoring deforestation in Brazil calculates that 11,088 square kilometers were knocked down in 2020. Forty-percent would save 4,435.2 square kilometers (443,520 hectares; 1,095,961 acres), at a cost of...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...