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VCG_VCG via Getty Images Nike has decided to fully exit Russia three months after suspending operations in the country due to its invasion of Ukraine, the sportswear giant announced Thursday.
The company has no announced plans to exit China due to that country’s gross human rights abuses and organized use of slave labor in making Nike products.
Nike initially suspended operations in Russia on March 3, a week after Vladimir Putin ordered Russian forces to invade Ukraine in an attempt to take over the neighboring nation. However, Nike seems to have been motivated to leave the country entirely by the prospect of new criminal laws imposed by the Russian government on foreign companies who protested against Moscow’s war. Nike store in Moscow, Russia (Konstantin Zavarzhin/Getty Images) Those penalties, reportedly, would include the seizure of assets.
“NIKE has made the decision to leave the Russian marketplace. Our priority is to ensure we are fully supporting our employees while we responsibly scale down our operations over the coming months,” Nike said in the statement.
Companies such as McDonald’s and Google have already announced plans to leave.
Still, anyone seeking to praise Nike for removing themselves from Russia over the war should think again. According to Yahoo, Nike receives less than one percent of its revenues from the Russian and Ukrainian markets, combined. Nike has yet to pull itself out of a market vital to its business in the name of human rights.
For example, in 2019, Nike’s Greater China revenues accounted for $1.68 billion, or 22% of the company’s total revenues. In addition, China produces 25% of Nike’s global footwear and apparel.
And, of course, Nike has been listed among 83 international businesses and brands that utilize Chinese Muslim slave labor. (Kevin Frayer/Getty Images) This is to say nothing of China’s treatment of gays and other minorities, which […]
Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!