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The new surcharge will be in addition to an 8.8percentt fuel surcharge imposed last March.
At issue is a special capital surcharge imposed by regulators on banks holding more than $250 billion in assets.
By the time a parent buys milk at the local grocery, a 10-cent-a-gallon surcharge imposed by the dairy compact might double, triple or more.
The roughly 5percentt surcharge imposed by Globus is less than the 10percentt devaluation of the dollar against the euro since it priced its vacations in June.
Taxes: Tax rates will remain the same, the finance minister said, but there will be a one-time surcharge imposed on the 42,800 Indians who report income of more than 10 million rupees ($186,000) to the tax department.
New York State's top personal income tax rate for residents was 7.7percentt in 2003, and the city's was 4.45percentt, including a temporary surcharge imposed after the attack of Sept. 11, 2001.
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The rules would also limit the surcharges imposed by some merchants on card payments for purchases, in particular airline tickets.
But while the jump in rates comes on top of two fuel surcharges imposed earlier this year, reaction from catalog companies, online merchants and other heavy users of overnight delivery services was muted.
The surcharges imposed on redeeming a flight outside Europe mean that your Avios or Virgin Flying Club points decrease in value hugely if you want to take a long haul economy flight.
For consumers, such rules could mean further fare increases in the wake of a steady rise in fuel surcharges imposed by airlines — a trend that looks set to continue.
The most important elements, says Steven Chubak, an analyst with Nomura Securities, are the 9% in common equity demanded by international banking standards (more than double the pre-crisis level of 4%) and various surcharges imposed by the Fed, which push the total to 11%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com