World Perspectives

Happy Sequester Day

It's 1 March, Sequester Day, with no deal within reach. Yesterday two votes were taken on plans to avert the sequester. The Democratic plan failed 51-49 (see WPI 15 February for details) and the Republican plan failed 38-62 (see WPI 28 February for details). There is no third plan. In fact, according to Senate Republican Leader Mitch McConnell (R-Kentucky), "There will be no last-minute, back-room deal and absolutely no agreement to increase taxes."The sequester will go into effect today with varying implications. The cuts will be spread out over the rest of the fiscal year, which is the next seven months. The popular news item has been sequestration's effect on federal meat inspectors. There is a $1 million sequester of programmatic fund...

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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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