in every society, a few individuals acquire the status of an elite through talent. Due to superior achievements of wealth, wisdom, and bravery, these individuals come to possess natural authority, and their opinions and judgments enjoy wide-spread respect. Moreover, because of selective mating, marriage, and the laws of civil and genetic inheritance, positions of natural authority are likely to be passed on within a few noble families. It is to the heads of these families with long-established records of superior achievement, farsightedness, and exemplary personal conduct that men turn with their conflicts and complaints against each other. These leaders of the natural elite act as judges and peacemakers, often free of charge out of a sense of duty expected of a person of authority or out of concern for civil justice as a privately produced "public good." hans-hermann hoppe
Turkey is considering barter trade with Russia in case of sanctions
Turkey is considering the possibility of barter trade with the Russian Federation in the event of the closure of payment systems and sanctions pressure, Aydınlılk reported on Saturday, citing the Exporters Assembly (TİM). Turkish President Tayyip Erdogan said earlier that he may decide on the further use of the Russian Mir card in Turkey. On Friday morning, the Yeni Şafak newspaper wrote that the US was threatening Turkish banks with sanctions for using the Russian payment system. The newspaper notes that the president of the Turkish Exporters Assembly, when asked by journalists about trade operations with the Russian Federation, made it clear that even if the sanctions are extended, there will be no problems in trade between the two countries - the issue of continuing trade is on the agenda even by barter. The publication stressed that if the payment systems are completely closed, then it may be possible to barter Turkish goods in exchange for energy purchased in Russia. Turkish "Ishbank" and "Denizbank" on Monday told RIA Novosti that they had stopped servicing Russian Mir cards. They noted that the decision was made in connection with the sanctions of the United States and Great Britain against the Russian Federation. Acceptance and servicing of cards of the Mir payment system in foreign banks, in particular, in Turkish ones, will depend on the position of the credit institutions themselves, RIA Novosti was explained in the press service of the payment system. Comments are closed.
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