By Chris at www.CapitalistExploits.at
About a month ago, the South African government raised the minimum threshold for black ownership of mining companies from 26% to 30%.
It's called "black empowerment" or "affirmative action" and is intended to provide black people with greater access to wealth, education, and to correct the inequality created by the white-led government who relinquished power in 1994 - 23 years ago.
Vol-sellers beware. That's the message from Natixis Global Asset Management’s Brett Olsen and Nicholas J. Elward, in their latest note, as they warn "it stands to reason that the market will see a reversion to the mean and find the VIX trading in the 20+ range before too long."
Via TheAntiMedia.org,
Marking the first time Sweden - the country - has ever lodged a complaint against a head-of-state, this week five members of parliament (MPs) from the Scandinavian country officially accused Turkish President Recep Tayyip Erdogan of genocide.
The MPs’ complaint alleges Erdogan has committed war crimes, genocide, and crimes against humanity against the Kurdish majority in Turkey’s southeast region since a truce between the outlawed Kurdistan Workers Party (PKK) and government forces fell apart in 2015.
Authored by Soren Kern via The Gatestone Institute,
Authored by Alex Gorka via The Strategic Culture Foundation,
The US administration backs the new sanctions on Russia. «The administration is fully supportive of those sanctions», said White House Director of Legislative Affairs Marc Short at a press briefing on July 10.