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Friday, December 22, 2006

Nike Ends Labor Contract with Supplier Over Child Labor Concerns


By severing its contract with Saga, Nike is likely to score moral points with its customers in the West. But it's also likely, observers agree, to sink Saga, a corporate giant that makes about 6 million of Pakistan's annual production of 40-million soccer balls. Saga estimates that as many as 20,000 families could be affected, since 70 percent of the local market relies on them for work. (Christian Science Monitor, Friday)

The best help for the poor is unrestricted market opportunity.

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