A bipartisan bill entitled the “Energy Policy Modernization Act” is stranded as U.S. Senate negotiators hold proxy fights over things like aid to Flint, Michigan and its corroded water system. TTIP Gone The White House admitted this week to what is obvious to most trade policy analysts – the Transatlantic Trade and Investment Partnership (TTIP) will not be concluded this year. U.S. Trade Representative Michael Froman has been pushing to reach an agreement with Europe in 2016, presumably to boost both his legacy and that of his boss, President Obama, before both leave office in less than a year. Driving an agreement to closure has made no sense to Brussels since it risked having to simply renegotiate the outcome with the next elected presi...
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.
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 big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
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...