Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The Muslim month Ramadan, a period of fasting, prayer, reflection and family time, begins today and ends 12 May. Business in Muslim countries will be a little more difficult due to changes in government and office working hours during the Ramadan period. To all in the Muslim world --- Ramadan Mabrouk. There are now several programs in the works for the rebuilding of the port in Beirut. The container shipping company CMA CGM has a $600 million program for the rebuilding of the docks and warehouses while a German program calls for a new port outside Beirut with the old, damaged port to become parkland, offices, and homes. It is also reported that Dubai’s DP World and some...
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 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...
From WPI Consulting
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.