Worker-Centric Suicide The Biden Administration says it wants a worker-centric trade policy, but no one is quite sure what that means. The workers at U.S. pharmaceutical companies probably do not think the White House plan to give away patent rights to COVID vaccines is in their interest. With the U.S. Treasury in the lead, 130 countries have just agreed to a $100 billion tax increase on global companies doing business in their country, including U.S. digital companies like Apple, Microsoft, Alphabet (Google), and Facebook. In fact, the new taxes are targeted at the 100 largest global corporations, 58 percent of which are American owned. The Administration defends the action by saying these companies will still pay less tax at home but tha...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...