Word: barterer
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Dates: during 1970-1979
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...very goods that will be produced by using that technology. Occidental Petroleum Chairman Armand Hammer put together just such a pay-for-itself scheme, and last week Occidental and Kremlin trade officials reached general agreement on the largest U.S.-Soviet trade deal ever contemplated−a multi-billion-dollar barter arrangement involving chemicals and fertilizer...
Such a policy is not without its perils. Ceauşescu's emphasis on industrialization has produced a phenomenal annual growth rate of nearly 12%, but Bucharest cupboards are bare. Peasants are so wretchedly poor that some villages have no shops and people live by primitive forms of barter. In recent months, there have been increasing reports of unrest and even strikes...
...18th: "I realize nothing emotionally except when some other small immediate annoyance sets off the blaze. It is possible to live here [at Hopewell] and realize nothing about the baby. This is so removed from him. Does that sound hard and unfeeling? I feel that I am willing to barter anything for my self-control right...
...about 10,000 militia pinned down some 30,000 Portuguese soldiers and African auxiliaries. Cabral claimed more than half of the country, and was able to demonstrate his control to a United Nations inspection team last year. His party built roads, schools, hospitals, and even set up a barter economy that he jokingly called "bush capitalism." Last summer he held an election for 15 regional councils. At the time of his death, Cabral was about to convene a national assembly that would declare independence and seek recognition from...
...date, though, even Hammer claims only one hard deal: an agreement to barter $40 million worth of U.S. machinery for Soviet nickel over the next five years. That works out to a not overly impressive $8,000,000 a year. The only exchange that he has already concluded involved neither money nor commercial products but art works. He donated a Goya portrait to the Hermitage museum in Leningrad and received in return an abstract painting by Kasimir Malevich, whose work is in such deep disfavor among Soviet officials that it has not been exhibited in more than 40 years...