Archive for July 2018

In Argentina, Perdue Welcomes U.S. Pork Back to Market

USDA

Secretary Sonny Perdue celebrates the reintroduction of U.S. pork into the Argentine market, with U.S. Ambassador to Argentina Edward Prado. (Buenos Aires, Argentina, July 30, 2018) – U.S. Secretary of Agriculture Sonny Perdue today celebrated the reintroduction of American pork products to the Argentine market after more than 20 years by slicing a ten pound…

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FX Options Volatility Set to Rise as Currencies Wobble?

Low realized volatility is a large part of the reason why options on currencies are so cheap. It’s expensive to be long options in markets where prices are moving relatively slowly. That said, several emerging market currencies have seen their prices collapse relatively quickly and their more extreme moves could be a harbinger of volatility…

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USDA Encourages Rural Communities, Water Districts to Apply for Loans to Improve, Rebuild Infrastructure; $4 Billion Available

USDA

Department’s Latest Investments to Benefit 165,000 People in Rural Communities in 24 States WASHINGTON, July 30, 2018 – Assistant to the Secretary for Rural Development Anne Hazlett today announced a historic commitment by the U.S. Department of Agriculture to upgrade and rebuild rural water infrastructure. “USDA is committed to being a strong partner to rural…

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Secretary Perdue Statement on EJC Ruling on Genome Editing

USDA

WASHINGTON, July 27, 2018 – U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding this week’s European Court of Justice (ECJ) ruling (PDF, 115 KB) on newer mutagenesis methods, otherwise known as genome editing. “Government policies should encourage scientific innovation without creating unnecessary barriers or unjustifiably stigmatizing new technologies. Unfortunately, this week’s…

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Secretary Perdue Statement on ECJ Ruling on Genome Editing

USDA

WASHINGTON, July 27, 2018 – U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding this week’s European Court of Justice (ECJ) ruling (PDF, 115 KB) on newer mutagenesis methods, otherwise known as genome editing. “Government policies should encourage scientific innovation without creating unnecessary barriers or unjustifiably stigmatizing new technologies. Unfortunately, this week’s…

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USDA Invites Comments on the Implementation of the e-Connectivity Pilot Program

USDA

WASHINGTON, July 27, 2018 – U.S. Secretary of Agriculture Sonny Perdue today announced USDA is inviting comments on the implementation of the e-Connectivity Pilot Program established in the Consolidated Appropriations Act of 2018 on March 23, 2018. USDA is developing this pilot program to catalyze private investment and bring broadband to unserved rural areas of…

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What They are Saying: Support for President Donald J. Trump's Plan to Protect American Farmers from Unjustified Trade Retaliation

USDA

Federal and State Officials House Agriculture Committee Chairman Mike Conaway (R-TX): “Our president stood up to a bully and now he’s standing up for rural America. This is the right fight to have, but in the meantime, our producers have got to live, while this fight’s going on.” Rep. Robert Aderholt (R-AL): “The actions and…

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USDA Assists Farmers Impacted by Unjustified Retaliation

USDA

(Washington, D.C., July 24, 2018) – U.S. Secretary of Agriculture Sonny Perdue today announced that the U.S. Department of Agriculture (USDA) will take several actions to assist farmers in response to trade damage from unjustified retaliation. President Trump directed Secretary Perdue to craft a short-term relief strategy to protect agricultural producers while the Administration works…

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Euro-U.S. Dollar: The Sway of Politics and the Economics

Figure 1: ECB 2010 Rate Hikes Delayed Europe’s Recovery for Four Years but it’s Now Underway. Figure 2: As the U.S. Fiscal Situation Deteriorates, Europe’s Budget Deficits Get Smaller and Smaller. Figure 3: Ireland, Portugal and Spain are Leading Europe’s Deleveraging. Figure 4: Debt Levels are also Falling in the Netherlands, Italy and, Soon, in…

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