But all of that trade credit money goes right back into the new gaming.
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French and Spanish banks alone provided 40% of trade credit to Latin America and Asia.
China's exports will also be helped by an ability to raise trade credit and working capital.
The credit crunch hit the industrial sector particularly hard, given its dependency on trade credit for inputs and subsequent exports.
And then if you add up all those trade credits that are spent, a full 17 percent of new software sales at GameStop are funded by trade credit.
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With fewer loans available, small businesses around the world generally increased their use of overdrafts, credit lines and trade credit with suppliers, for instance, the OECD report said.
Nicholas Lardy of the Brookings Institution notes another reason for the outflows: a huge increase in trade credit extended to foreign (mainly South-East Asian) buyers of Chinese goods.
Likewise, ultra-lean supply chains no longer look like such a brilliant idea when you have to find cash to keep afloat a supplier that cannot get even basic trade credit.
It is one of ruthless cost control and mercenary treatment to providers of labor (workers and staff) and capital (not just by beating down bank loan rates but also, primarily, by demanding from suppliers extended low or no-cost trade credit).
This is because business development companies lie outside the purview of the Volcker Rule, and so Goldman will be well within the law to trade credit products through this vehicle, which will be funded nearly 25% by the bank itself.
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States are turning to more market based incentives as opposed to rebates, such as the Solar Renewable Energy Credits (SRECs), a cap and trade like credit granted to firms or individuals who have installed solar capacity, which can be sold on spot markets.
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The other three trade bodies that agreed to the new charter are the BCCA, a trade association for lenders offering short-term loans, the Consumer Credit Trade Association and the Finance and Leasing Association.
Other U.S. economic data due for release Friday includes wholesale trade and consumer credit data.
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Rather than blaming culture or taxes, Messrs Alesina, Glaeser and Sacerdote instead credit trade unions.
Many law and security firms have created electronic specialities to deal with the potential loss of everything from highly protected trade secrets, to credit card theft.
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Combined with GME's Edge card program, which allows members to receive additional credit on trade-ins and get additional discounts on pre-owned titles, the used-game business breeds the kind of customer loyalty its competitors simply cannot duplicate.
The Credit Union National Association, an industry trade group, estimates that 650, 000 consumers joined credit unions in between Sept. 29 and the first week of November.
Globalization, free markets and free trade deserve most of the credit for advances in U.S. living standards.
When Quakers went looking for credit or for trade, then, they found it easy to partner with fellow believers.
The country's payments system has broken down, and many foreign banks will not accept Indonesian letters of credit, throttling trade.
Some noteworthy ideas are already being explored, such as multilateral guarantees for Indonesian letters of credit to keep trade going.
Beijing, to its credit, banned trade in tiger parts in 1993.
Unfortunately, the steps needed to promote a climate conducive to such entrepreneurial hard currency infusions are being overlooked in the rush to advance taxpayer-underwritten loans, credit guarantees and trade insurance.
Instead of paying for a stay with cash or credit, guests can trade a good or service.
Other U.S. economic data due for release Friday includes the international trade report, and consumer installment credit.
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Figures from the central bank show that credit lines to finance trade, normally considered low-risk, are running at about half the level of mid-September.
That means finding ways to persuade banks to roll over loans (stopping, in particular, the sudden withdrawal of trade and short-term interbank credit lines).
Basically a consumer will be able to bring their used game into a retailer and trade it in for cash or credit like they do now.
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