World Perspectives

Inflation Sparks Changes; China Hits Unions

Inflation Sparks Changes Food is one of the four essentials of life and yet politicians often tax it domestically and impose tariffs against its importation. That is until food prices move too high and start to get people real mad. Brazil has announced a 10 percent cut in the import tariff to fight the effects of inflation. India lowered the import tariff on edible oils and Virginia Governor-elect Glenn Youngkin campaigned to eliminate his state’s sales tax on food. Norway is reducing taxes on electricity and other services.  If the inflationary trend continues, policymakers may take additional actions to reduce the taxes and tariffs that exacerbate the situation.  China Hits Unions The Biden Administration is going all o...

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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.

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