News Updates EGYPT COMMENTS The IMF loan agreement with Egypt has been postponed until January 2013 at the request of the Egyptian government due to the current political unrest in the country. And according to experts on the matter, the delay also may be due to changes the president has had to make regarding subsidy reductions and price increases. These changes originally were announced so that Egypt could meet the IMF requirements, but the backlash is giving the government second thoughts. Meanwhile, Germany has decided to delay its planned $316 million in debt forgiveness for Egypt until the political situation in the country is clearer. German government officials expressed concerns that Egyptian President Morsi's actions are very dic...
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.
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...