Word: tradings
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Alternative means of trade often surface during tough economic times. "When money gets dried up and there are still needs to be met in society, people come up with creative ways to meet those needs," says Peter North, a senior lecturer in geography at the University of Liverpool and the author of two books on the subject. He refers to the "scrips" issued in the U.S. and Europe during the Great Depression that kept money flowing and the massive barter exchanges involving millions of people that emerged amid runaway inflation in Argentina in 2000. "People were kept from starving [this...
...your main income-generating activity, you must pay income tax," says Hensch, who consults in complementary currencies. Likewise, if you have a business, you'll pay sales tax on any local currency - in New Zealand, that would be Green Dollars, part of LETS - you bring in. But if you trade in "neighborhood help," like lawn-mowing, that would not be taxed...
...Blagojevich brought him over because he thought with a guy like Harris, maybe Blagojevich would be able to govern like Daley," Simpson said. "City hall, I doubt, is the main thrust of this current investigation, but they may be able to backtrack into city hall if Harris starts to trade information. He certainly knew about the scandals at city hall...
...debate began with four candidates—Michael C. Koenigs ’09 was “assassinated” midway through his opening remarks—and saw frontrunners Andrea R. Flores ’10 and Benjamin P. Schwartz ’10 trade barbs about topics like Schwartz’s final club membership and the extent to which the UC should work with the Harvard administration. The third serious candidate in the race is Charles T. James...
...pursue its First World ambitions while battling the ghosts of a military dictatorship that ruled from 1967 to 1974. But the current clashes are also linked to a broader movement across the West that came to the fore during a week of demonstrations and violence at the World Trade Organization summit nearly a decade ago. Utilizing both peaceful and violent tactics, the "Seattle Movement," as it came to be known, was a grass-roots effort to fight the ill effects of capital-driven globalization. Two years later, in 2001, the movement came to a head at the G-8 summit...