Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Turkish officials have said that the Ukraine/Russia situation will not result in grain shortages in the country. Seventy-eight percent of Turkey’s grain imports come from Russia and Ukraine but both stocks and crops are good this year which should reduce Turkey’s need for grain imports, or so officials say. Turkey’s inflation rate is at about 50 percent and conflict driven; increased grain prices could push inflation higher for 2022. Syria has advised that there will be rationing of wheat reserves due to the Ukraine/Russia situation. Sugar and cooking oil will also be rationed. Syria receives most of its wheat imports from Russia and is co...
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.