Since the start of the month, the euro has gained about 7.8 percent against the US dollar! Most all of that was in the last week!
What's next?
The European Central Bank has to do something! What a mess!
21 March 2009
20 March 2009
LA Produce Market
There are many links in the global food chain. Weak Produce Sales... Not the only problem.
18 March 2009
1.23 to 1.50 euros to US$
That is the divegence that we see...
Here's a Blommberg report... Which way is up and out?
Here's a Blommberg report... Which way is up and out?
16 March 2009
14 March 2009
Whatever You May Think...
Be they soldiers of the UK or the USA or the EU or any soldiers who try to keep us safe... Thank you.
13 March 2009
Beef Hormone Wars , Will there be a New Way Forward?
The Office of the U.S. Trade Representative announced today it is delaying by one month the imposition of additional duties on a modified list of EU products in connection with World Trade Organization (WTO) dispute settlement rulings in the EU - Beef Hormones dispute. Under a determination announced Jan. 15, the additional duties were to go into effect March 23. Under the delay announced today, the additional duties are scheduled to go into effect April 23.
A USTR spokesperson said the reason for the delay is that the "USTR is currently in discussions with the European Commission on a possible interim solution that would provide benefits for U.S. beef producers. These discussions have made progress, although several important issues remain to be resolved. USTR has decided to delay the trade action in order to give this process every possibility of success."
The USTR said in order to respect commercial arrangements made in the period since Jan. 15, there will be no delay in the March 23 effective date of the deletion of products from the list of products subject to additional duties.
A USTR spokesperson said the reason for the delay is that the "USTR is currently in discussions with the European Commission on a possible interim solution that would provide benefits for U.S. beef producers. These discussions have made progress, although several important issues remain to be resolved. USTR has decided to delay the trade action in order to give this process every possibility of success."
The USTR said in order to respect commercial arrangements made in the period since Jan. 15, there will be no delay in the March 23 effective date of the deletion of products from the list of products subject to additional duties.
12 March 2009
Mishap in Santa Barbara
Seems that bad folks are everywhere or a reap sow situation at least. Santa Barbara Olive Co. is a fine old label.
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