Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION The Muslim holy month of Ramadan will begin in the region on 11 or 12 March and will end on 9 or 10 April. Business, government, and banking working hours will be reduced during the Ramadan period. Egypt will be conducting a feasibility study on the expansion of the Suez Canal. The long term plan is to allow two lane traffic in the canal. About 80 km of the canal require work in order to double the traffic lanes. Egypt’s government announced that recent inflow of foreign currency in the country will allow it to release private-sector goods that have been stalled in ports due to non-payment. The Central Bank is working to expedite payment and clearanc...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.