The gross domestic product (GDP) fell 6.4% across the European Union (EU) and 6.8% in the Eurozone in 2020, according to preliminary data published Tuesday by Eurostat. The contraction, as a result of the coronavirus pandemic, ended seven years of growth in both areas.
Category: Spain Wholesale & B2B
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UNCTAD — Global FDI Plummets
Foreign direct investment, affected by the COVID-19 pandemic, plummeted 42% globally in 2020, the United Nations Conference for Trade and Development (UNCTAD) said on Sunday. UNCTAD indicated that the recovery from this indicator would be likely be delayed until 2022.

Amazon to Pass Spanish Tax on to Users
Amazon Spain is going to pass the 3% tax that will be levied on income from digital services of large technology companies on to the companies that sell through its platform. The e-commerce company has communicated to external sellers by email that as of April 1st, it will increase the commission charged to them for intermediation by 3%.

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.

Coronavirus, Brexit Catch British Travelers in Spanish Red Tape
Citizens from the United Kingdom, with a residence in Spain, have been stopped from flying to Spain this weekend. Spain has strict COVID-19 regulations that prevented some Britons from flying to and from Spain. Several travelers have had trouble returning to their home countries after airlines refused to accept their proof of national travel cards.

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.

Brexit, Actually: UK, EU Officially Break Up
The UK’s Brexit transition period came to an end on the last day of 2020, which means that the UK will completely break away from the European single market and customs union. Big Ben in London rang at midnight when Britain officially left the European Union, symbolizing the opening of a new chapter in British history.

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.

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%.

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.

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.

Spain Anti-Coronavirus Quarantine and Violent Protests
In the cities of Spain, radical youth are violently protesting against tough quarantine measures and in their opinion the lack of proper government assistance to the unemployed. The most violent clashes with the police against the Spanish quarantine measures took place in Barcelona.

Armenia Asked Russia for Help
Armenian Prime Minister Nikol Pashinyan has asked the Russian president for help in securing his country. The Armenian Foreign Ministry announced on Saturday (October 31st) that Prime Minister Nikol Pashinyan had officially asked Russian President Vladimir Putin to launch an “urgent consultation” on ensuring Armenia’s security.

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%.

Leopoldo Lopez Leaves Spanish Embassy in Caracas, Goes to Madrid
The Venezuelan opposition leader Leopoldo Lopez yesterday left the residence of the Spanish ambassador in Caracas, where he had been a guest since April 30, 2019, when he led a civic-military uprising with Juan Guaido that sought to overthrow Venezuelan President, Nicolas Maduro.
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.

Lagarde: New Coronavirus Cases Pose “Clear Risk” to Economy
European Central Bank President Christine Lagarde said on Tuesday that the unexpectedly accelerated growth of new coronavirus poses a “clear risk” to the economic outlook. This statement is a sign that policymakers will step up to adopt more monetary stimulus measures.

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.

World Reacts with Surprise, Worry at Trump-Biden Brawl
Many newspapers at home and abroad reacted overnight to the first presidential debate between President Donald Trump and former Vice President Joe Biden, held in Cleveland, Ohio. Almost unanimously, the papers analyzed it as one marred by chaos, confusion, and insults.

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.

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?

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.

US Open 2020: Tough Draw for Dominic Thiem
Despite the global coronavirus pandemic putting an end to much of this year’s Tennis tour, including Wimbledon – which was cancelled for the first time since World War II – the US Open is underway at the illustrious Flushing Meadows, albeit behind closed doors, due to several COVID-19 restrictions being still in place.
The draw for the North American Grand Slam, which is held in New York, took place last week ahead of the tournament, and it’s safe to say that it didn’t go in second seed Dominic Theim’s favour.
One Stop Online Wholesale Shopping Soon Worldwide
Is the global free markets wholesale business the most inefficient market in the world?
With the exposition of the internet and online retail business, has the wholesale market kept up with its peers?
Not only has the wholesale market not kept up, but the industry’s failure to keep pace with Amazon is a key reason why Amazon has been so successful and the wholesale industry has done very poorly. Amazon reached out to the Chinese wholesale industry directly with many seminars in China, and Amazon even started their own shipping business to move goods from China to the US and then directly into their prime marketplace.

Online Global Wholesale that is Open to list Your Products
As a wholesaler, you can increase sales and global awareness if you know how to find the right platform.
There are three basic ways to sell your product:
- Sell directly to customers via your website.
- Sell to retail stores, which then sell to customers.
- Post at a wholesale distributor, which sells to retail stores.
In our small business we are involved with all three, but I would like to introduce you to wholesaling online, a newer global concept.

Buy Wholesale Online for Your Retail Business
Buying wholesale online products and selling them at retail prices can be the foundation of a solid and vibrant business. The concept is very simple: find an outstanding product, one that hopefully is unique to your business, purchased at a low price. Then sell it at a higher price, and repeat.

Seville Defeats Inter Milan, Crowns Its Sixth European League Title
Spain’s Sevilla won the European League title for the sixth time in its history, by beating Inter Milan, Italy, after an exciting match late on Friday evening, August 21, 2020. The final that was held in the German city of Cologne without fans due to the repercussions of the emerging coronavirus. The fans watched the game remotely.

Become a Online Wholesale Merchant
Are you a merchant in a country or far away location and want to greatly improve your presence in the online wholesale world? If you believe your products should be shown in many online stores around the globe, it might be easy to solve this issue. Review Shop The Globe to improve and lower your cost while improving your access and ease of use.

Barca Hire Koeman, Sevilla Back in Europa League Final
FC Barcelona sacked manager Quique Setien three days after the Spanish giants suffered an 8-2 defeat at the hands of German champions Bayern Munich in the UEFA Champions League quarter-finals in Lisbon. Current Dutch National Team coach Ronald Koeman has been appointed to fill the vacancy.

Shop Wholesale Online – The Next Generation Online Wholesale for Buyers and Sellers
The problem with today’s internet is that the world’s wholesalers and distributors are still using their 1900’s model; there has been little if any significant change, even though we have seen incredibly robust change in the world that has created a new retail online category. Manufacturing also has seen gigantic leaps with micro companies. These companies are involved with the creative design and development of new products, but they hire out all their manufacturing. They have seen strong growth popping up all over the world.

Spain Confirms Former King Juan Carlos in UAE
The Spanish Royal Palace confirmed that the former King, Juan Carlos, who decided in early August to reside in exile due to suspicions of corruption, is in the United Arab Emirates. A spokesman for the Royal Palace made the announcement, but did not give further details.