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Silent trade, also called silent barter, dumb barter ("dumb" here used in its old meaning of "mute"), or depot trade, is a method by which traders who cannot speak each other's language can trade without talking. Group A would leave trade goods in a prominent position and signal, by gong, fire, or drum for example, that they had left goods.
Big men are the preferred people to give gifts to, since one has a reasonable chance of repayment with extra. Gift-giving is not altruistic. The extra one receives back can be re-gifted to others, increasing the number of exchange partners, and building a wider network. This wider network returns even more, growing both network size and gift value.
Many barter exchanges require that one register as a business. In countries like Australia and New Zealand, barter transactions require the appropriate tax invoices declaring the value of the transaction and its reciprocal GST component. All records of barter transactions must also be kept for a minimum of five years after the transaction is ...
The cases involving the Tren de Aragua gang show how hard it is for U.S. border agents to vet the criminal backgrounds of migrants from countries like Venezuela that won’t give the U.S. any help.
A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency. [1]
The U.S. government will not renew humanitarian paroles under a Biden program that has allowed hundreds of thousands of Venezuelans, Haitians, Cubans and Nicaraguans to come to the United States ...
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
The flight of former Venezuelan opposition presidential candidate Edmundo Gonzalez has largely extinguished hope for political change, voters say, as long-time President Nicolas Maduro shrugs off ...