Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Qatar has contributed $20 million to the “Grain from Ukraine” program. Egypt’s Prime Minister says that inflation will be down to 10 percent by 2025 due to the government’s economic reforms. Inflation stood at 34.6 percent in December 2023. Egypt’s Central Bank is expected to allow the Egyptian currency to drop in value against the U.S. dollar by about 30 percent in 2024. Currently the secondary (black) market rate for U.S. dollars is about 60 percent higher than the official bank exchange rate. The drop in exchange value had been expected for late 2023 but did not happen. Egypt’s wheat imports for 2023 were...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.