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PeopleHedge Blog

Jobs Report: Good News for Importers and Exporters

Posted by Damon Magnuski on Feb 5, 2016 2:31:43 PM

      The jobs report, aka Nonfarm Payroll report, was released this morning.  The headline gains of 151,000 new jobs and the lowering of the unemployment rate to 4.9% received mixed reviews since it was lower than the consensus 188,000.  Digging deeper into the report we see good signs for both importers and exporters.

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Topics: Exports, Imports

3 Steps to Faster Shipping for Exporters!

Posted by Kacey Clark on Feb 3, 2016 8:00:00 AM

     Faster, faster faster!  The cry of all customers these days it seems.  Speed is a huge advantage in almost every market today.  Learn how to make your shipping better by decreasing waste and increase speed through these three important steps.  

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Topics: Exports, Imports

The Rise of e-commerce in Brazil - Brazilian-American event

Posted by Gisela Macedo on Feb 2, 2016 12:26:20 PM

           On January 20th we had the pleasure to attend the event “The rise of e-commerce in Brazil” organized by the Brazilian American Chamber of Commerce, in New York.

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Topics: Imports, events

Negative Interest Rates in Japan: Effect on Importers & Exporters

Posted by Damon Magnuski on Feb 1, 2016 12:43:58 PM

     Japan has followed Europe by introducing negative interest rates to excess bank reserves.  Negative rates means that the bank has to pay the central bank to hold their money.  This helps US importers but hurt US exporters that deal in yen.  The foreign exchange market immediately dropped the value of the yen versus the dollar.

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Topics: Exports, foreign exchange, Imports

Reason to fire your "too big to fail" bank #645

Posted by Damon Magnuski on Jan 29, 2016 8:00:00 AM

It turns out that most of the "too big to fail" banks are owned by the same large investors.  And guess what? Those investors hate it when those same banks compete and bring down prices.  Don't take out word for it: researchers from the University of Michigan have released a paper outlining the effect.  For those that want the abridged version, check out The Economist article here.  

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Topics: Banks

3 Steps for Better Export Shipping!

Posted by Kacey Clark on Jan 27, 2016 1:21:56 PM

   You make great stuff and want to export it to your adoring customers. unfortunately that requires navigating the maze of challenges, options, and complications that come with shipping.  Never fear though!   Following these steps will help give you a leg up and dramatically improve your shipping processes.  

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Topics: Exports, Imports

The Dangers of Dollars: A real world case study

Posted by Kacey Clark on Jan 26, 2016 1:06:56 PM

Use Foreign Exchange to dodge the dollar trap!

The real world dangers of dealing in dollars:

    In a recent case study, we discovered a company who dealt with a Canadian supplier.  This supplier was willing to deal in dollars, so that became the norm.  The US company never suspected they were being charged more for the importing their product, so they thought they were better off taking this easier option.  

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Topics: Exports, Imports

Avoid the Endless Brazilian Foreign Exchange Paperwork

Posted by Gisela Macedo on Jan 26, 2016 11:18:41 AM

        So you have just struck a deal with a Brazilian partner. Way to go! Brazil is an amazing country, known for its excellent food, beverages, shoes and the quality of all commodities. Plus, with the Brazilian Real devaluation, all those great products are now even cheaper!

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Topics: Brazil, regulation, governance

Big Mac Index Shows Imports on Sale

Posted by Damon Magnuski on Jan 22, 2016 8:00:00 AM

     Since 1986 The Economist has been comparing the price of Big Macs around the globe to show the relative value of currencies.  If you were to convert the price of a Big Mac in Russia into dollars, the difference would show you if a currency is under / over valued.

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Topics: Imports

Use Strong Dollar to Increase Impact

Posted by Damon Magnuski on Jan 20, 2016 12:32:39 PM

      The dollar has appreciated against all currencies by about 20%.  If you are a nonprofit / social enterprise operating abroad, dollars have never purchased more impact. Use this price advantage as an opportunity to raise funds.

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Topics: Nonprofits