Rich countries see few success stories from specific development assistance initiatives, while many developing nations view foreign aid as often ill-prescribed for their actual problems (e.g., "sustainable" development) and thus characterize such measures as interventionist.
WTO's Mission Creep WTO members are split over the best policy path forward, but Director-General Roberto Azevêdo assured developing countries that December's ministerial meeting in Nairobi "must be delivering on development" and that he will do all he can "to support meaningful development and LDC outcomes in Nairobi." However, Azevêdo's agenda is precisely why December's WTO meeting risks becoming one more in a string of ministerial failures. A...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
