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The tide is turning: SWIFT sets global rules for national digital currencies.

After eight months of experimenting with different technologies and currencies, interbank financial settlement system SWIFT has drawn up a blueprint for a global central bank digital currency (CBDC) network, Reuters reported. The trial, which last month involved national central banks in France a... Read More

Cross-border e-commerce giant Shein screwed by the US? By as much as a third!

Chinese fast-fashion retailer SHEIN, which was valued at more than $100 billion earlier this year, has lost up to a third of its value in private markets in recent months, the Financial Times reported, citing people familiar with the matter. SHEIN is valued in the private market at $65 billion to... Read More

In Europe’s darkest hour, the Spanish government decided to “rob the rich to give to the poor”.

In the wake of soaring inflation in Europe, Western government ministries reportedly agreed on a package of fiscal measures, including a cut in income tax for low – and middle-income earners earning less than €21,000 a year, and an extension of the working income deduction from €18,000 to €... Read More

European consumers may not even be able to buy presents this Christmas?

A survey by the Ifo Institute showed that 77.5 per cent of retailers saw shipping logistics problems as serious in August, and the Ifo researcher said: “It does not now look like the problem will ease up in the run-up to Christmas.” 95.5% of bicycle dealers are currently severely unde... Read More

How many of the Top10 most popular e-commerce platforms in the UK do you know?

According to ecommercedb, the largest ecommerce platform in the UK remains Amazon UK, with net sales of £12,413.9 million in 2021, a 5% increase in net sales year-on-year. In second place was Tesco.com, a local e-commerce platform in the UK, with net sales of £5,563.9 million in 2021, a 6% declin... Read More

German e-commerce down 11% in Q3! These several categories into the disaster area!

In Germany, e-commerce sales fell 10.8% from July to September, excluding inflation, according to the latest data from bevh, an e-commerce industry association. German online retailers posted total sales of €19.8 billion in the third quarter of 2022, down 10.8 percent from the same period last ye... Read More

A power outage? ! Can Europe have another good winter?

Power outages and power cuts could bring down mobile networks in parts of Europe this winter, Reuters reported. Since the conflict with Ukraine, Russia has cut off major gas pipelines to Europe, raising the prospect of power shortages. With France’s nuclear power plants now closed for maint... Read More

Sanctions on yourself? EU sanctions against Russia! Still making articles in energy!

According to the latest report, in accordance with the agreement of the Seventh Kingdom Group, the European Union is preparing to implement the upper limit of Russia’s oil. Facing the new threat of Russia, the European Commission proposed a new set of sanctions on Wednesday, including Euro... Read More

Pre -judgment is correct! Electric blankets have been sold in Europe, and they are purchased in European businessmen!

Half a month ago, EU e -commerce reported that in the first seven months of 2022, China’s electric blankets and electric heater exports to Spain almost doubled. Due to the influence of the Russian and Ukraine War’s energy crisis, European consumers faced solutions in the Chinese marke... Read More

List of the world’s most popular e-commerce platforms

According to reports, Similarweb has released its ranking of the world’s most popular e-commerce markets in August 2022. The ranking of the world’s most popular e-commerce platforms is as follows: 1. Amazon USA The average viewing time was 7 minutes and 18 seconds, with 8.5 pages per ... Read More

ECB: Rate Hike could lead to higher unemployment

On Monday, ECB Vice President Luis de Guindos stressed the need to quell inflation, arguing that “the main economic problem in Europe is inflation” and that “reducing inflation is the main thing the ECB can do right now.” Guindos also indicated in previous statements that ... Read More

Sacrifice the seller to feed himself! Amazon will hold the second Primeday this year!

It is understood that recently, Amazon announced that it will hold a second PrimeDay in October, called “Prime Exclusive Deals”, which is an exclusive discount for Amazon Prime customers. As early as June, EU e -commerce reported that there were rumors that Amazon contacted the... Read More
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