Africa

In a preview of more pain to come for US, and global, workers, moments ago Nike announced that it will soon be parting ways with approximately 2% of its 70,700 global workforce, or roughly 1,500 employees.

Nike introduced the Consumer Direct Offense, a new company alignment, resulting in leadership and organizational changes as part of which the company would see an overall reduction in about 2% of the company’s global workforce to "streamline and speed up strategic execution."

Not long after South Africa introduced legislation calling for the redistribution of white-owned land and business to the country's black population, in a redux of the catalyst that resulted in Zimbabwe's hyperinflation at the start of the century, on Thursday South Africa doubled down when it announced plans to revise its mining charter and introduce rules requiring all local mines be 30% black-owned, regardless of whether they have previously sold shares or assets to black investors that later divested. 

Authored by Whitney Webb via TheAntiMedia.org,

The annual Global Peace Index, recently released for June 2017, has found that while the world is more peaceful now than last year, violence has increased significantly overall in the past decade.

Although the situation has improved in many countries, the ten lowest-ranking nations – known as the world’s “least peaceful” countries – have shown little change in recent years.

You will find more statistics at Statista

The Trump administration has asked Beijing to impose what would be the first round of sanctions against nearly 10 Chinese companies and individuals that trade with North Korea, part of a strategy to starve, and ultimately shut down, Kim's nuclear program, the WSJ reports. 

Authored by Soeren Kern via The Gatestone Institute,