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Articles tagged "Trade"


Back in the early 1990s, when Wild-West capitalism came to Russia, I was a chelnok, or shuttle trader. My wife and I (we weren’t married at that stage) traveled the whole world in search of cheap merchandise and markets to sell it at. Well, not exactly the whole world—but almost. The most common way of doing business was to buy merchandise in Russia, take it to Poland, sell it for ten or fifteen times as much, and get hold of dollars at a good rate; then you traveled to China,...


Ghulam Ali traded in grains and spices. He carried produce of the very best quality. Not everyone could afford it. Unlike other merchants in Golpayegan who traded on barter, or offered credit, Ghulam Ali never kept a credit ledger in his shop. He bought with cash and sold likewise. He never compromised on that principle. And perhaps that was the reason for his reputation for miserliness. Every morning, before he left the house for work, he would call out to his wife, “Kokab, do...
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