Digicel founder Denis O'Brien is worth $5.7 billion, due to his mobile phone network provider in Central America and the Caribbean. In an interview at the Milken Global Conference, the former Bank of Ireland deputy governor describes improved conditions in earthquake-ravaged Haiti, thanks to millions of dollars in multinational corporate investment, more than 3 percent economic growth and a 20 percent boost in tourism.» Read More
PORT-AU-PRINCE, Haiti-- Several thousand people poured into the streets of Haiti's capital on Sunday to protest the government of President Michel Martelly.
Russia announced a 12-month extension of its grain export ban on Thursday, raising fears about a return to the food shortages and riots of 2007-08, the FT reports.
The recent media interest in the use of mobile phones to make donations to the Haiti appeal has cast light on the potential of mobile technology to transform the way we send and receive money in the future.
When the Super Bowl is over on Sunday, the gear that proclaims the wrong champion will be brought to WorldVision headquarters in Pennsylvania and eventually shipped to Haiti.
Former U.S. President Bill Clinton and UN Special Envoy to Haiti made a big push for immediate aid and sustained investment to assist the Caribbean country. Since the devastating earthquake struck the poor nation in January 12th, the death toll estimated at 170,000 and one million left homeless.
Corporate donations to the relief effort in Haiti now total more than $106 million according to the U.S. Chamber of Commerce, surpassing the $100 million in aid initially pledged by the U.S. government.
One week after the earthquake in Haiti, donations to the relief effort have surged past $210 million, according to the latest tally by the Chronicle of Philanthropy. That puts the pace of giving well ahead of the effort following the 2004 Asian Tsunami, but behind the $457 million raised in the week following Hurricane Katrina.