So far, no large Indian supermarket chain has managed to replicate the convenience-store format successfully, because it's tough to offer goods on credit, personalize the service and stay profitable.
Oftentimes, goods are bought on credit with the only one collateral -- trust.
To the extent that "global imbalances" played a role, the original sinner was the Fed, which flooded the world with dollars that stirred global (and especially U.S.) demand for credit and goods.
Brazil is also wrestling with inflation, thanks to a QE2 fed commodities bubble and local demand for credit and consumer goods and services driving up prices.
U.S. economic data due for release Thursday includes the weekly jobless claims report, international trade in goods and services, and consumer credit data.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Solidly Higher on Bargain Hunting Buying Interest
The couple were dumped in the nearby city of Itaborai after being forced to use their credit cards to buy goods and withdraw money from cash machines, the police report says.
And, in fact, in the first G20 visit that I made, in April to England, I was very clear to the rest of the world that what they cannot rely on is an economic model in which the United States borrows -- consumers in the United States borrow, we take out home equity loans, we run up credit cards to purchase goods from all around the world.
WHITEHOUSE: President Obama and Prime Minister Cameron at the White House | The White House
"To say that credit markets should follow a caveat emptor model is to ignore the success of the consumer goods market--and the pain inflicted by dangerous credit products, " she writes in the newest edition of Democracy: A Journal of Ideas.
Credit Suisse cites two luxury goods makers, LVMH and Richemont, each deriving 50% of their revenues in dollars.
In addition, Cyprus's government is preparing aggressive curbs on the flow of cash out of the country, which will cap the amount of cash people can bring out of the country, as well as the amount of credit-card purchases of goods outside Cyprus.
By connecting NFC-enabled devices to a credit or debit card, paying for goods or services is simpler and faster than ever before.
Some banks also treat lost or stolen goods using the same procedures as in-store credit card fraud, requiring retailers to replace a missing item or face a transaction dispute.
Those countries already offer much more liberal credit terms to potential importers of their goods, and would quickly take market share from U.S. producers of aircraft if given the opportunity to tip the scales with predatory financing.
FORBES: Delta Assault On Ex-Im Bank Misleads Congress, Undermines Boeing
And so it goes: Businesses worry about miffing their dealers, consumers worry about the security of their credit cards, media companies worry that selling goods will compromise their credibility.
Consumer credit is essentially the amount of credit used by consumers to purchase non-investment goods or services.
With factories revolutionized, with shelves groaning under the weight of a surfeit of goods, stores for the first time let Americans buy on credit.
They started the WIR mutual credit system among themselves, paying each other for goods and services in the currency, instead of succumbing to the worldwide depression.
FORBES: Rethinking Money: The Rise Of Hayek's Private Competing Currencies
During the 2008 to 2009 credit crisis, Russia raised import tariffs on numerous manufactured goods.
Bedesha was one of seven men, most of whom were from the West Midlands, who were convicted of defrauding HMRC in a complex scheme involving submitting VAT credit claims when no VAT had been paid for the goods.
BBC: Dubai-based VAT fraudster faces extra 10-year jail term
Global Witness, an anti-corruption outfit, cites a case brought against it in which the son of the Congolese president used protection-of-privacy arguments after the group published his credit-card bills, which showed his spending on luxury goods.
ECONOMIST: Of privacy, the courts and (more importantly) the internet
The online pharmacy study is the latest update to MarkMonitor's quarterly Brandjacking Index, which tracks the abuse of corporate brand names in online scams designed to steal credit information, drive traffic to advertising sites or sell counterfeit goods.
Those fees are then added into the cost of all goods, effectively forcing people who pay with cash to subsidize the cost of credit card rewards programs.
FORBES: Is Using a Credit Card for the Rewards Program Selfish?
Its members will buy the same branded goods, save up for the same houses, sign up for the same credit cards and aspire to put their children into the same schools.
But it has been fueled by exports that have been driven by the single-currency and a kind of vendor financing that saw German banks extend credit to so-called peripheral European nations, which bought German goods.
Cheque accounts, credit cards and wire transfers provide means of payment for the exchange of goods and services, and financial assets.
One obstacle is that on line commerce in goods and services will be denied to many Chinese simply because so few yet hold credit cards.
Mobile-phone companies could become the credit companies of the future by offering customers the ability to pay for goods on the Internet while putting the charge on the customers' phone bills.
Why use a debit card rather than a credit card, they ask, when the latter offers a month's free credit for prompt bill-payers and better protection in case of defective goods?
But like other social gaming companies, Zynga allows users to speed up the process by converting real dollars from their credit card and PayPal accounts into the FarmVille currency used to buy virtual goods.
FORBES: How Zynga, Facebook and Groupon's Go-To Auditor Rewrites Accounting Rules
With sales incentives offering interest rates all the way down to zero, the car companies eventually have to funnel money into their credit subsidiaries to balance the books, so loss-making consumer-goods makers are lending money to customers to buy their wares.
应用推荐