News sources reported that Yannis Stournaras, a member of the European Central Bank Management Committee and Governor of the Central Bank of Greece, said that the European Central Bank should increase its debt purchases to cope with rising borrowing costs.
Category: Greece

6 Best Cruises Around the World for a Memorable Journey
Are you ready to sail the waters and indulge in the new cruising adventure? Exploring the world on a cruise ship is the best way to get around and get to know the culture and country. You’re comfortably sitting on the deck with the mild wind blowing in your face while having the perfect sight of the buildings and people on the land.

Eurozone’s February Manufacturing PMI Beats Expectations
IHS Markit announced that the initial value of the Purchasing Managers Index (PMI) for the manufacturing industry in the Eurozone in February was 57.7, and the expected value is 54.3. During the period, the initial value of the service industry PMI was 44.7, and the expected value was 45.9.

Side Hustle – How to Turn Your Ideas into Money
If this is the first time you’re hearing of a side hustle, let me elaborate – generally speaking, a side hustle is something you do “on the side” that brings in extra money, in addition to your mainstream of income. The income your side hustle brings in is often directly related to the effort you put in. It can involve spending 1 to 2 hours a week completing surveys or using rebate programs, or it can be a full-fledged business that you grow in the evenings and weekends, spending 10 to 15 hours a week. Side hustles can bring in anywhere from a few hundred to a few thousand a month!

Buy Bulk Candy on Shop The Globe and Sell eBay or even Amazon – A Sweet Deal
For the past month, Shop The Globe has demonstrated how our site— your new global online wholesale marketplace— beats eBay at providing the popular, name brand products you want at prices you can’t afford to pass up. Thanks to our new vendor, Wholesale B2B, Shop the Globe can enable you to sell these in-demand American products in your shops.

Mask Up Direct from Manufacturers at Shop The Globe
The benefits of buying direct from manufacturers are well known, and Shop The Globe has made it easier than ever. Shop The Globe offers all the benefits of direct-from-manufacturer shopping, bringing you the items you want at a low price, with more control over the sales process, and a more personal connection between consumer and manufacturer.

Russia Withdraws From Open Sky Treaty
The Russian government decided to withdraw from the Open Sky Treaty. The Open Sky Treaty is an important tool for the intelligence gathering purposes by the signatory nations, which include military inspections from the air. The Treaty was signed in Finland in the 1992 by the 27 members.

Shop The Globe Prices Beat eBay on Hygiene Products
A month ago, we at Shop The Globe showed how customers and retailers can buy popular American brand name products, via our new vendor, Wholesale B2B, to sell in their shops and yours. The example we gave were hygiene products. As a follow-up, we decided to show further how our prices compare to the competition, and in particular, eBay.

Buy Direct from Manufacturers at Shop the Globe and Save
At Shop the Globe, we’ve made it easier than ever to buy the items you want at a low price, direct from manufacturers. In a short time, we’ve also been able to offer more features and capabilities than other, more established wholesale sites, and decisively beat the prices of a certain, famous auction site.

Shop The Globe Beats eBay — Save on Bulk Candy
Shop The Globe, your one-stop wholesale shopping networked experience, is already a great place to stock up on in-demand, brand name items and keep your storefronts full. But how well does it stand up against the competition? We did some comparison shopping to show how you can save on popular items with Shop The Globe, versus eBay.

Esources UK Wholesale Suppliers vs Shop The Globe and Searches – Which B2B Wholesale Website Provides You With a Better Service?
If you’re looking for a 20 year old directory list with almost no real search capabilities, Esources UK Wholesale Supplies is your source. If, like most wholesale buyers or sellers, you’re looking for a one stop website location that offers very good search capabilities, that is Shop The Globe.

Buy Direct from Manufacturers Globally at Shop the Globe
The internet has democratized the human experience in ways once unimaginable even two decades ago. News and information is available at one’s fingertips instantly, from sports scores to stock tips. New connections and friendships can be formed, bringing past pen pals together in an instant. This, of course, extends to the world of commerce.

Low-Key Celebrations Mark End of 2020
On New Year’s Day, almost all parts of the world are quieter than in previous years, without large-scale celebrations or amazing fireworks. Due to the COVID-19 pandemic, the atmosphere is very different from previous years. People will usher in 2021 with the desire to end the new coronavirus pandemic.

Wholesale Central Directory Listing vs Shop The Globe and Searches – Which Website Provides You With a Better Service?
When Google came out with a new search engine, it became a far better solution for searching based on the criteria you put in, and this new company transformed the entire search industry. Before Google most products on the internet were listed and then purchased indirectly from yes directories. So called search engines in the early days like Yahoo (which had a dominant position early) were simple listing directories.

Self Care Tips for Self Employed and Freelancers in 2021
Self-care does not mean taking sweet foods and wearing protecting clothes like face masks, but it means setting aside enough time to put the focus, energy, and resources on yourself. This is important mostly for freelancers who do churn out eye-catching work and usually end up against unresponsive clients and low rates.

Erdogan Contemplates New Turk Block
Turkish President Recep Tayyip Erdogan has been contemplating the idea to create the “Turk” military political block. The strategic decision has been made, after interference in the Nagorno Karabakh conflict, which resulted in the gain for the Azerbaijan.

Shop The Globe Offers New, Brand Name Products for the New Year
Shop The Globe, your new, online global wholesaler, understands the value and demand of name brand products. The name and logo on the package conveys a sense of distinctiveness from competing products and cultivates brand loyalty— and increasing, dependable demand with it.

Linking to a Global Value Chain – How to Build a More Efficient Sales Process
Using the global value chain as a selling tool is a new phenomenon. Listing can also help you uncover a competitive advantage over rival businesses, boosting company profits and enticing new customers. Global Trade accounted for 54% to 60% of all worldwide sales in the last few years. So you can benefit from global sales.

Shop the Globe Offers Name Brand Products at Wholesale Prices
At Shop the Globe, we understand the struggle wholesalers face, during good times and bad, to keep your storefronts stocked with high-demand products at affordable prices. Dozens of vendors have already signed up with our new, global, online wholesale outlet, selling products from all over the world to wherever their customers may be.

Three Ways to Help Your Business Global Value Chain
Global Trade accounted for 54% to 60% of all worldwide sales in the last few years. We would like to help you find the first key steps to increasing your company’s global trade.
The first step toward improving your global trade is to find global key sources and suppliers. It is becoming apparent that companies are reducing their overall reliance on China, which currently has about 28% of global manufacturing. This is creating new and incredible opportunities away from China.

Shop the Globe Now Sells Wholesale Brand Names at Incredibly Low Prices
Dozens of vendors from around the world have been rushing to create storefronts on the new global wholesale outlet Shop the Globe. They sell products from the United States, Ghana, Australia, Hong Kong and France just to name a few.
Now hundreds of brand name American Products are available at prices that will astound you. Buyers can find brand names such as 5-Hour energy, Baby Ruth, Advil, Chips Ahoy and Claritin just to name a few.

Why Are Global Value Chains So Important?

Global Value Chain or sometimes referred to as Global Supply Chain (GVCs) are possibly the world’s strongest drivers of productivity growth, job creation, and increased living standards for both countries and companies.
- GVCs make a significant contribution in international growth and development. Value-added global trade contributed about 30% to the GDP of developing countries.
- GVCs are coordinated across geographies.
- Companies and countries that embrace them have proven to grow faster, import skills capital and technology, and boost employment.
- A Global Value Chain has proven to sell products and do marketing on a low cost digital marketing globally.
- With GVC-driven development, countries over time generate growth by moving to higher-value-added tasks and by embedding more technology and know-how in all aspects of their business helping to leap-frog their global competitors.

Brands Remain Committed to Wholesale Despite Problems
Last month, in a widely-reported survey, nearly 700 small to enterprise-level brands gave their thoughts on the future of wholesale. The survey found that 80% of brand executives surveyed do not have a negative outlook on the future of wholesale, and in fact, 90% plan to continue investing in the wholesale side of their businesses.

The Simplest Way for Manufacturers to Buy and Sell Online Worldwide
Manufacturing Buyer is changing
The world markets for manufacturers and online eCommerce has and is radically changing. Where today’s buyers of manufactured goods are rapidly adopting the newer approaches, they are adopting a much faster and more effective shopping path for manufactured goods, especially in developing counties.

Census Continues to Provide Promising News for U.S. Wholesalers
Getting in one last bit of work before the long weekend, the US Census Bureau released its Monthly Advance Economic Indicators Report for October on the day before Thanksgiving. Advance wholesale inventories were up for the month of October, by 0.9%. The August to September percentage change was revised from up, 0.4% to up 0.7%.

Turkey’s Past, Present and Future Conflicts
The President of Turkey, Recep Tayyip Erdogan, made a statement that Turkey is part of Europe. Hence, making a claim that Turkey is part of Europe is a strategic move, and yet another attempt to join the European Union. President Erdogan has also been accused of wanting to restore the Ottoman Empire.

More Vendors Prompt Sweeping Changes to Retail Environment
Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years. In doing so, Under Armour would focus on building up its direct-to-consumer business. Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.

Erdogan Calls for “Two-State Solution” in Cyprus
The Nagorno-Karabakh conflict has been frozen, for now. The ceasefire agreement was signed last week between Russia, Armenia and Azerbaijan. It is a loss for Armenia, due to Prime Minister Nikol Pashinyan’s failed leadership. As a result, Russian peacekeepers entered the region.

You Are Not Powerless in Your Job Search During Covid-19
You probably never dreamed you’d be in search of a job during a global pandemic. Talk about challenges, right? Okay, before you get down and think your chances just slid to the floor, let’s look at what you can do to make the most of your time, and how you can land that next job interview.
One of the first things to consider is how you present yourself to others. Have you evaluated your personal brand lately? What makes you a valuable candidate to prospective employers? How will you stand out in a crowded marketplace? What transferable skills do you have? What are your strengths and how can you amplify them? Consider what courses are available to help you stay competitive in your industry. By evaluating your personal brand, you’ll get an overarching view of how potential employers see you.

Coronavirus — Netanyahu Addresses Global Conference
Israeli Prime Minister Benjamin Netanyahu discussed COVID-19 vaccines and other ways of ending the pandemic at a video conference with world leaders. The video conference was hosted by the Chancellor of Austria, Sebastian Kurz, with the participation of the Prime Ministers of Austria, Norway, Denmark, Greece and the Czech Republic.

Big News in the Wholesale PPE Market
Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.

Coronavirus — China Restricts Travelers, Greece Locks Down
China on Thursday announced new restrictions on entry to the country by travelers from several European countries due to the second wave of coronavirus infections. Many countries have seen their highest number of cases of the entire COVID-19 pandemic, which began in Wuhan, in China’s Hubei province, in October 2019.

Vienna Attack — Pope Francis Calls for End to Violence
Via the social media platform Twitter, Pope Francis expressed his “pain and dismay” over the Vienna terrorist attack, in which five lives were lost. He demanded an end to violence to build peace “together” in society, and to live without hatred. One of the suspects of the attack, a young man aged 20, was shot dead by police.

Turkey Earthquake — Child Rescued from Rubble
A three year old child has been rescued alive from the rubble following a powerful earthquake which hit Turkey on Friday. The death toll increased to 91 as more bodies were retrieved overnight and on Monday morning. The baby, Elif Perincek, was stuck under the debris for around 65 hours.

Census Offers More Promising News for US Wholesalers
On Wednesday, the U.S. Census Bureau released a preliminary report on data pertaining to wholesale inventory for the month of September. Wholesale inventory in the United States was shown to have decreased by 0.1% in September. This is compared to a 0.3% increase in August, which itself was revised from 0.4%.

Erdogan Calls for Boycott of French Products
The President of Turkey, Recep Tayyip Erdogan, implored the citizens of his country Monday not to buy products from France. His remarks came in retaliation for the strong position taken by France against Islamic groups, following the beheading of one of its teachers by a radical Muslim young man.

US Pressure on Azerbaijan and Armenia to Stop Fighting in Karabakh
In separate meetings with his Azeri and Armenian counterparts, US Secretary of State Mike Pompeo called for an end to the war in Nagorno-Karabakh. Azerbaijan has stated that it is ready to resume political talks after the occupation of Nagorno-Karabakh by Armenia.
A Light at the End of the Tunnel for US Wholesale?
The Associated Press reported last week that US wholesale prices jumped 0.4% in September, continuing a three-month trend. This is in contrast to a Reuters report, also from last week, which showed a 0.8% drop in Japanese wholesale prices over the same month.

Is the EU Allowing Erdogan to Attack?
The European Union discussed (but failed to agree on) sanctions against Turkey over the weekend, Euronews reported. Several countries want to punish Turkey for violating the sovereign rights of Greeks and Cypriots in the Eastern Mediterranean. However, Germany, Spain, Italy, Hungary, and Malta blocked the proposal.

Japan’s Wholesale Market Shrinks – A Global Solution on the Horizon?
Earlier this week, Reuters reported that Japanese wholesale prices fell by 0.8% in September, marking the seventh consecutive month of year-on-year declines. Prices also declined by 0.2% as compared to August, the first on-month decline in Japan in four months. Their data was courtesy of the Bank of Japan (BOJ).

Can India Accelerate Its Future Growth Utilizing Global Value Chains?
India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.
This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.
A New Opportunity for Skin Care Wholesalers
Many industries and sectors across the global economy have greatly suffered as a result of the coronavirus pandemic and the associated recession caused by the Great Lockdown. Demand for some goods and services has simply collapsed, while in other areas, the means of distributing them to retailers or consumers has been severed or greatly disrupted.

Indonesia Exports Need a Value Chain Push
Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.
Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years? Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty.

A New Solution for Wholesalers in the Pandemic Economy
The coronavirus pandemic, and the associated Great Lockdown designed to contain it, have wreaked havoc on the global economy throughout 2020. The global wholesale market is no exception. Forecasters believe this typically robust market will experience an industry-wide decline over the course of the year.

A New Global Wholesale Option for Buyers and Sellers is Here
Shop The Globe is a fast growing online wholesale option and we believe that if you’re a buyer or seller you need to start reviewing these very unique options for products. This is truly a better global wholesale platform.
Shop The Globe is already providing unique options on a truly global platform with interests from the countries of Vanuatu, Australia, Thailand and of course many here in America.

RangeMe – A Great Way to Connect? Or Buyer Beware?
RangeMe is a service that specializes in helping connect wholesalers to buyers. They offer their services with two different perspectives: sServices for the buyers, and services for the wholesalers.
Buyers are of course offered accounts for free. It’s a great way to browse products and find connections to new providers you may not have had dealings with before, all at your fingertips. The wholesaler side of the business is a bit darker though.

Moria — Greece to House Migrants on Ship
Greece is set to send three ships to Lesbos to help house displaced migrants in the island. The decision was arrived at after thousands of migrants in were forced to spend their nights in the cold after fire gutted down the largest migrant camp earlier in the week. About 2,000 migrants will be housed in the ships.

Global Manufacturing Storefront – Does Your Company Need One?
We are seeing a massive migration to the internet for our business needs. This has been one of the largest business migrations the world has ever seen, but many small manufacturing companies have not even updated their websites in years, not to mention expanded and leveraged a more efficient online capability.
Is it now time for small manufacturing to enter the world markets?

Moria, Europe’s Largest Refugee Camp, Destroyed
In the early hours of Wednesday, a fire broke out in several parts of the Moria refugee camp on the Greek island of Lesbos. The wind ignited the fire and spread it throughout the camp and its surroundings. Twenty-eight firefighters tried to contain the blaze with eight fire engines. The fire is now under control.

Does Every Wholesale Company Need a Global Storefront?
The internet and business landscape are changing at rates not seen before. With this incredible change occurring right in front of us, why hasn’t the online wholesale industry adapted and become more efficient? Instead, there seems to be very little change and increased efficiency over many years.
For example: We believe each wholesale company today should have their own global storefront.