Global Consumer Price Index: 2014 Annual Averages

In today’s global marketplace, the Global Consumer Price Index (GCPI) is a more appropriate measure for inflation. It differs from traditional consumer price indexes; in that, GCPI focuses on the global consumer and a global market basket of goods and services. HuMuch.com created the GCPI to keep interested parties informed of global price developments in…

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U.S. Laws vs. International Laws

Today’s marketplace is global. Consumers are traveling all over the world. Businesses are selling all over the world. But, there are legal differences in how people buy and sell goods that need to be considered in the new global marketplace. Every law, whether U.S. domestic or international, evolves from a source with authority to make…

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Expatriate: A person who temporarily or permanently lives in a country other than the one in which he or she was raised

Millions of people have become expatriates (expats) – workers, retirees, and students. Expats have left the countries where they were born or were affiliated as nationals to begin new lives in other countries. Some eventually return. Some remain living overseas. The exact number of American expats is unknown. The United States Government does not require…

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The Global Future of E-Commerce

E-commerce, or simply put purchases online, reached $250 billion in the U.S. last year, according to Forrester Research. As a percentage of sales, e-commerce represented about 8% of total retail sales in the U.S. The outlook continues to be robust. The U.S. is expected to grow 13% year-over-year. Europe is expected to grow slightly faster,…

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Argentina vs. Distressed Debt Hedge Funds

In the growing saga between Argentina and Distressed Debt Hedge Funds, the Argentine Government is getting more aggressive. Argentina plans to make direct payments through its Central Bank, as opposed to U.S. financial intermediaries. They have also targeted R.R. Donnelley, a favorite of hedge funds and M&A deal makers. Although R.R. Donnelley portrays themselves as…

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WTO (World Trade Organization) Fails to Pass Landmark Global Customs Pact

After missing a July 31 deadline, the WTO (World Trade Organization) has failed to pass the much anticipated Trade Facilitation Agreement. The trade agreement, tentatively agreed to in December 2013, was intended to standardize global custom procedures and save importers and exporters USD $1 Trillion. The main holdout was India. According to India and a…

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Who is Better at Predicting Recessions, Professional Analysts or Retail Investors?

  Who is better at predicting economic recessions, Professional Analysts or Retail Investors? According to an interesting article in the Economist from Federal Reserve Board researchers, it’s Retail Investors. (some caveats, read the full article for more details):  Economist.com/news  

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Law of One Price

In Economic theory, the “Law of One Price” states that in an efficient market, there must be only one price for a good regardless of location. If the price is cheaper in another city, then self-interested businessmen would take the opportunity to make a profit by shipping to the more expensive city. Transport, transaction costs,…

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