The Cornell Institute for Public Affairs, Cornell Latin America Student Society, and Cornell Policy Review are pleased to present an interview with Engineer Ilya Espino de Marotta, Executive Vice President of Engineering and Program Management at the Panama Canal Authority. Mrs. de Marotta oversees the Panama Canal Authority Engineering and Programs Administration Department, responsible for… Read more »
On April 1st, 2015, the EU milk quotas came to an end. First introduced in 1984, the milk quota allowed each member of the European Economic Community to produce dairy products up to a set maximum volume. At the time, the supply of dairy goods far outstripped demand, and producers that exceeded specified production volumes were subject to a levy. With the removal of the burdensome levy, EU producers are expected to significantly increase production. Additionally, the recent closure of Russian markets due to trade embargos is forcing EU producers to find alternative buyers for the huge volume of excess milk products. This has serious negative implications for some small-scale Chinese producers.