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F E B R U A R Y
 2 0 1 0 Issue 37
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Everyone has heard and seen stories about the profound devastation and suffering wrought upon Haiti January 12th after a massive earthquake. These are a few of the current updates regarding this horrific situation.
HAITI HAITI DONORS MEET TO PLAN ITS REBUILDING U.S. Secretary of State Hillary Clinton and foreign ministers from more than a dozen countries will start laying out the groundwork for rebuilding Haiti on Monday, nearly two weeks after a devastating earthquake.
Haitian Prime Minister Jean-Max Bellerive is also due to attend the conference of the Friends of Haiti group of nations in Montreal, Quebec. The United Nations, International Monetary Fund, World Bank and European Union are also sending representatives, Canada's Foreign Ministry said. Before leaving for Montreal, Clinton said the Obama administration is "looking at" the idea of allowing more legal immigration to the U.S. from Haiti. "We are looking at every option that can provide a better future for the Haitian people," Clinton said Monday. Some Haiti experts and non-governmental organizations say that allowing more legal immigration from Haiti would relieve some of the burden of providing earthquake relief efforts on the island. The one-day meeting is a first step toward a larger reconstruction conference on Haiti that will take place in coming months, the ministry said. It comes amid anger and frustration that efforts to rescue possible survivors have been called off. Thousands of people pushed Sunday for rescue efforts to continue at a collapsed hotel, as a 24-year-old man recovered in a hospital after being rescued 11 days after the earthquake. The Haitian government has said more than 111,000 people died in the 7.0-magnitude earthquake.  On Saturday, however, a French rescue team saved one life as they pulled Wismond Jean-Pierre from the rubble of the Hotel Napoli Inn -- 11 days after the quake. He was a clerk at a store in the hotel, according to his brother. He survived after finding food and drink in the store's wreckage, the brother said.
Rescues like Jean-Pierre's, and others that have come more than a week after the January 12 quake, spark hope among families of the missing. But the emotional rescue came on a day when much of Haiti was mourning as operations largely shifted from rescue to recovery, and the country's president attended the funeral of an archbishop who was one of the victims. International search teams have rescued at least 132 people, the U.N. said. More than 600,000 people have also been left homeless in and around the capital of Port-au-Prince, the U.N. Office for the Coordination of Humanitarian Affairs said.  HAITI DONATIONS EXCEED $355 MILLION Charities, companies, individuals and celebrities across the U.S. have been rallying together in the aftermath of the 7.0-magnitude quake that rocked Haiti last Tuesday, and their efforts are paying off. As of Thursday evening -- nine days after the earthquake struck -- over $355 million in donations had been raised for relief efforts, according to the Chronicle of Philanthropy, a newspaper covering nonprofit organizations. The estimate is based on a survey of 35 charities contributing the largest amounts of money to Haiti. "You've got a bad economy and a disaster outside of the U.S.," said Stacy Palmer, editor of the Chronicle of Philanthropy. "It makes sense that lots of people gave to the Katrina disaster in the U.S., but to give outside of the U.S. like this is remarkable, especially at a time with 10% unemployment." The real question is whether this surge of giving will continue. Charities: The American Red Cross has raised the most money, with nearly $147 million in donations as of Thursday, the Chronicle of Philanthropy said. Partners in Health had received more than $25 million by Monday, and the U.S. Fund for UNICEF had raised $22.5 million as of Tuesday. Catholic Relief Services had brought in $17.4 million in gifts and pledges by Wednesday, according to the Chronicle of Philanthropy, rounding out the top four in the survey.  Other charities surveyed by the Chronicle of Philanthropy including the William J. Clinton Foundation, World Vision U.S., Save the Children USA and Oxfam America had all received more than $8 million as of Thursday. Text and online donations: Stacy Palmer, editor of the Chronicle of Philanthropy, estimated that about half of all donations have been online contributions.
"That's the fastest way of getting money in," she said. "And most people feel comfortable giving online at this point." As of Wednesday, more than 60% of donations received by the American Red Cross had been online contributions and 15% to 20% were made through its text campaign, said spokesman Roger Lowe. The American Red Cross has received more than $26 million in text donations, and the organization brought in more than $500,000 an hour during the Saturday and Sunday NFL games because of its pre-game and in-game promotional messages ("text HAITI to 90999") featured on FOX and CBS, he said. Other groups encouraging cell phone subscribers to send text donations to aid Haiti include The Salvation Army, The American Society for the Prevention of Cruelty to Animals, Feed the Children and World Land Trust. "Technology is making it easier for resources to flow to smaller charities with direct ongoing projects in Haiti..." said Stacie Mann, spokeswoman for online donation system Network for Good, "..organizations that can have a big impact as emergency response turns into rebuilding." Corporate giving: Big businesses are chipping in too. As of Thursday, U.S. corporations had pledged more than $100 million to relief efforts. Forty-four companies -- including General Electric (GE, Fortune 500), Amgen (AMGN, Fortune 500), Microsoft (MSFT, Fortune 500) and Coca-Cola (KO, Fortune 500) -- have pledged $1 million or more apiece, according to the U.S. Chamber of Commerce. American Red Cross said Tuesday that 15% of its total donations had been corporate gifts. Star power: Hollywood is stepping up as well, with numerous stars at Sunday's Golden Globe Awards sporting yellow, blue, and red ribbons to support Haiti relief, and urging viewers to donate. During a star-studded Larry King Live two-hour special Monday night, Haiti: How You Can Help, CNN viewers donated nearly $9 million to both UNICEF and the American Red Cross. George Clooney, Wyclef Jean and Anderson Cooper hosted a fund-raising "Hope for Haiti" telethon on MTV Friday, and donations will go to Oxfam America, Partners in Health, Red Cross, UNICEF and the Yele Haiti Foundation. That effort has raised more than $58 million. "Celebrity telethons do a lot," said Palmer. "It's really important to give right now, and things like this are very motivating." Along with A-list celebrities, Bill Clinton and George Bush are also taking action. The two former presidents announced Saturday that they will work together to raise money for the cause, and the Clinton Bush Haiti Fund has raised $12.7 million as of Wednesday, according to the Chronicle of Philanthropy. HELP HAITI AND HELP YOURSELF In this past Sunday’s New York Times, Nick Kristof wrote a column titled “Our Basic Human Pleasures: Food, Sex and Giving.” Compelling title. Even more compelling insights. Kristof makes the case that altruism breeds happiness. That is, if you work with others on a cause larger than yourself, you’ll likely be happier than the lone super-achiever. It’s a great thought–and certainly relevant now, as the world is absorbed by the horrifying extent of the crisis in Haiti. Many people are wondering about how they can contribute, but they are not certain of what to do or how to do it. One thing seems certain, the people who are doing something seem to feel enormously fulfilled, even for making a valiant effort. For example, Xerox (XRX) chairman Anne Mulcahy comes across as thoroughly energized by her new work for Save the Children and excited that she’s heading to Haiti. And if you read NBC (GE) Chief Medical Editor Dr. Nancy Snyderman’s harrowing on-the-ground account from Haiti, you feel her passion, along with her sorrowful view of the desperation. But back to that question: How can the rest of us help? Former Fortune Group VP of Communications Carrie Welch, who is now SVP at the International Rescue Committee recently offered some helpful advice: Do the Research. Smart donors do their homework and contribute to reputable, well-established aid agencies that partner, as the IRC does, with local groups. Charity watchdog agencies like the American Institute of Philanthropy, Better Business Bureau and Charity Navigator give high marks to aid agencies that devote most of their funds to programs and limit how much is spent on overhead and fundraising. Give money instead of sending supplies or volunteers. Money can buy the most essential emergency supplies and pay for the transportation of goods and personnel. It’s also flexible enough to purchase food at rural markets in Haiti, thus helping the local economy. Unwanted shipments of mismatched supplies block airport runways. Untrained volunteers simply get in the way of an efficient response. Sarah Smith, IRC Director of Children’s Programs, discourages people who want to rush to adopt orphans. “It is too soon to start removing children from their home country and culture,” she says. “Children should be kept with relatives or other people they know. Removing them from a familiar setting may increase their distress and make it harder for them to recover.” Know what your company is doing. The foundation arms of corporations are helping the IRC with significant contributions. These include the Stavros Niarchos, American Express (AXP), and Bloomberg Foundations. Meanwhile, companies like Time Warner (TWX) — which owns Fortune and CNNMoney — Goldman Sachs (GS) and Hess (HES) help spur giving by offering an employee match. Raise money. The star-studded Hollywood gathering produced by George Clooney and MTV (VIAB) raised money for a small number of good organizations. The IRC is talking to New York-based performers about holding benefit concerts in private homes. Hosting a fundraising event is a great way to convert a desire to do more into urgently needed resources. Text your support. The public is giving via mail, online (Facebook and Twitter), and texting over the phone. By texting HAITI to 25383, for instance, the IRC will get $5 for their work helping with the recovery in Haiti, and the donation will show up on your phone bill. This technique is being used by longstanding agencies like the IRC and also by the new Clinton Bush Haiti Fund, led by the former U.S. Presidents. If you already gave to the Red Cross–which raised $23 million from texts after the texting promotion was featured on weekend NFL broadcasts–consider giving more to one of the other US-based relief or development organizations on this list from InterAction.org. THE ROYAL CARIBBEAN RETURNS TO HAITI AMID CONTROVERSY After last week’s massive earthquake in Haiti you'd probably think there's no way that cruising tourists could have returned to frolicking on Haiti's beaches mere miles from where people are trapped beneath the rubble of a decimated city. Unfortunately, you'd be wrong. On Sunday, the Guardian reported that Florida-based Royal Caribbean Cruise Lines is docking ships at the "picturesque wooded peninsula" known as Labadee, which it leases on Haiti's northern coast. At Labadee, passengers "enjoy jet ski rides, parasailing, and rum cocktails delivered to their hammocks." The British paper also reported that passengers can spend their time "shopping for trinkets at a craft market" while armed guards stand at the entry to the complex to guarantee their safety. Despite the fact that the ships have delivered relief supplies to the island, some passengers on the ships are reportedly "sickened" over the decision to dock there. However, when Royal Caribbean announced its decision to resume stops at Labadee last week, a company executive cited the economic importance of the resort to the local citizens as well as the opportunity to deliver much-needed supplies. "We also have tremendous opportunities to use our ships as transport vessels for relief supplies and personnel to Haiti," said associate vice president John Weis. "Simply put, we cannot abandon Haiti now that they need us most." CEO Adam Goldstein defended the company on their website. Saying that he is "proud of what our people and our ships are doing," Goldstein writes:  My view is this - it isn't better to replace a visit to Labadee (or for that matter, to stay on the ship while it's docked in Labadee) with a visit to another destination for a vacation. Why? Because being on the island and generating economic activity for the straw market vendors, the hair-braiders and our 230 employees helps with relief while being somewhere else does not help. These 500 people are going to need to support a much larger network of family and friends, including many who are in (or are missing in) the earthquake zone. Also, the north is going to bear a good part of the burden of the agony of the south, and the more economic support there is to the north, the better able the north will be to bear this burden. People enjoying themselves in Labadee helps with relief. We support our guests who choose to help in this way which is consistent with our nearly 30 year history in Haiti. VENEZUELA NATIONWIDE ROLLING BLACKOUTS BEGIN IN VENEZUELA Venezuela's government imposed rolling blackouts of four hours every other day throughout the country on Tuesday to combat an energy crisis. President Hugo Chavez has said rationing is necessary to prevent water levels in Guri Dam — the cornerstone of Venezuela's energy system — from falling to critical lows and causing a widespread power collapse. Drought has cut the flow of water into the dam, which feeds three hydroelectric plants that supply 73 percent of Venezuela's electricity. Rolling blackouts will begin in the capital of Caracas. Government officials had already imposed some cuts to help the country get through the dry season until May, when seasonal rains are predicted to return. The government recently reduced the hours of electricity supply for shopping centers and required businesses and large residential complexes to cut energy use by 20 percent or face fines. Chavez's government has also partially shut down state-run steel and aluminum plants. The president announced last week that many public employees will have shorter workdays — from 8 a.m. to 1 p.m. — except those in offices that tend to the public. Some parts of the country have already been enduring unplanned blackouts for months, as demand has outstripped the electrical supply. The energy output from the Guri Dam's three hydroelectric plants has also declined below its normal capacity. The increased rationing will help cover a 12 percent gap between energy supply and demand, due to the situation at Guri and at some thermoelectric plants that are operating below capacity, Alvarado said. He said water levels at the dam in southeastern Venezuela have dropped drastically as a result of the El Nino weather phenomenon in the Pacific Ocean, saying "it's a global phenomenon and it's affected us in recent months." He noted there has been particularly little rain in southeastern Venezuela, where the watershed that feeds Guri is located. Chavez's critics say his government is to blame because it has failed to complete enough power upgrades to keep up with increasing demand despite Venezuela's bountiful oil earnings. Alvarado said the Caracas subway, hospitals, media outlets and public institutions that tend to the public would not be affected. |
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 -100 Acres on the Autopista, across from the Hotel Hodelpa Ready for development of any kind; residential apartments, houses, office buildings, car dealers, warehouses; retail stores. The land is 5 minutes to Nuevo Aeropuerto Del Cibao & 5 minutes to center of Santiago. Close to the new HOMS Hospital Center in Santiago. Price: US $20 million. |
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VENEZUELA DEVALUES CURRENCY FOR FIRST TIME IN FIVE YEARS President Hugo Chavez' decision to devalue Venezuela's currency for the first time in nearly five years aims to stretch his government's oil earnings further and counter a recession by increasing spending. The devaluation of the Bolivar lessens a wide gap with the black-market exchange rate for dollars and will unavoidably push inflation — already the highest in Latin America at 25 percent — to even higher levels. Opposition leaders on Saturday called the devaluation a blow to Venezuelans that will make them pay through inflation while letting the government instantly convert its oil earnings into more cash domestically to boost spending ahead of congressional elections. "Venezuelans' standard of living has been devalued," said Antonio Ledezma, Caracas' opposition mayor. Finance Minister Ali Rodriguez said the devaluation announced by Chavez on Friday night should add to inflation by 3 percent to 5 percent this year. Some economists predict a much bigger leap. Dozens of Venezuelans lined up in Caracas on Saturday outside stores that sell electronics and appliances, trying to buy items that they fear soon will be considerably more expensive. "When I heard about the dollar, I didn't think twice about it. I got some of the last cash out of my account and I came to buy my washing machine," said Iraima Rodriguez, a 31-year-old secretary. "Whenever they devalue, the prices go sky-high." With the devaluation, Chavez also set a new two-tiered exchange rate in an attempt to hold down prices of priority imports like food to counter inflation. The currency's official exchange rate had been held steady by the government at 2.15 bolivars to the dollar since the last devaluation in March 2005. Chavez said the Bolivar will now have two government-set rates: 2.6 to the dollar for transactions deemed priorities by the government, and 4.3 to the dollar for other transactions. The higher rate, which he called the "oil dollar," now doubles the paper value of Venezuela's oil earnings when converted to local currency. Oil accounts for about half the government budget, but that income has been squeezed by lower world oil prices and declines in output in the last year. Chavez said the priority exchange rate will be allotted for food, health care products, school supplies, machinery and equipment for economic development, among other things. He said the new rates aim to boost the economy — which fell into a recession last year after five years of oil-fueled growth — while also "braking imports that are not strictly necessary." Imports now falling under the less favorable rate include automobiles, telecommunications goods, computers, appliances, alcohol and tobacco. The government has ma intained strict currency exchange controls since 2003 to try to diminish capital flight, setting a fixed exchange rate that varies widely from the Bolivar’s real value on the black market and in bond trading. Lately the Bolivar has fetched little more than one-third of its official rate in market trading, hovering at about 6 Bolivars to the dollar. Chavez said the government and the Central Bank will also intervene in the lucrative parallel bond market to control "speculative increases in dollars." He didn't elaborate, but the aim is apparently to further narrow the gap between official and unofficial rates. Economist Pedro Palma, of the Caracas consulting firm MetroEconomica, said the government was forced to accept that such a large disparity between the two rates was no longer viable. "Inflation is going to shoot up, but it's a necessity to correct a tremendous accumulated imbalance," Palma said. The finance minister said that moving to one single rate of 4.3 to the dollar would have increased prices excessively on key imports. VENEZUELANS PROTEST CHAVEZ’S POWER Protesters Number in Tens of Thousands During Commemoration of Overthrow of South American Country's Last Dictator. Tens of thousands of Venezuelans opposed to President Hugo Chavez took to the streets Saturday, blaming him for rolling blackouts, water rationing, widespread crime and other problems they say are making daily life increasingly difficult. Chavez backers flooded the capital's avenues with an equally impressive demonstration as the socialist leader faces mounting criticism and an emboldened opposition ahead of upcoming congressional elections. Waving Venezuelan flags, protesters accused Chavez of dragging the politically divided South American country into a severe crisis as he accelerates his drive to transform it into a socialist state. "Chavez is leading the country to ruin," said 79-year-old Olga Damjanovich at the opposition protest. "He's controlled all the country's institutions for more than a decade, so how could it be possible that he's not responsible for the problems weighing down on us?" Many wore T-shirts that read: "3 Strikes: Blackouts, Water Rationing and Crime. Chavez, You've Struck Out!" A pickup truck weaving its way through the crowd carried a papier-mache model of a candle alongside a sign reading: "Chavista Electricity Plant." Chavez backers rebutted the criticism, accusing opponents of exaggerating the country's calamities. While several conceded that problems seem to be piling up, they said that Chavez would resolve them. "Things aren't all as we would like them to be, but we know that El Comandante is doing what he can to help us, the poor," said Yorbert Rodriguez, a 39-year-old bricklayer. Over 5,000 police and National Guard troops were deployed along march routes to prevent clashes between rivals. There were no reports of arrests or violence, which has marred numerous political rallies in the past. Political rivals organized Saturday's demonstrations to coincide with the 52nd anniversary of an uprising that toppled Venezuela's last dictator. As they commemorated the 1958 overthrow of Gen. Marcos Perez Jimenez, Chavistas argued that democracy is growing stronger, while government foes fear their liberties are slipping away. Opposition parties hope to make a strong showing in September's elections by holding Chavez responsible for rampant crime, a recent currency devaluation widely expected to boost inflation - which ended 2009 at 25 percent - and electricity rationing. But it remains unclear if the opposition strategy will be successful against Chavez, a tireless campaigner who has overcome bigger obstacles during his 11-year presidency. The former paratroop commander emerged unscathed from a botched 2002 coup and devastating two-month strike the following year. Chavez has easily defeated opponents in most elections and remains popular - especially among the country's poor majority. He has repeatedly vowed to give his adversaries "a beating" on Sept. 26 to maintain a commanding majority in the National Assembly. DOMINICAN REPUBLIC AND HONDURAS PRESIDENT ELECT REACH DEAL ON ZELAYA The Dominican government announced a deal Wednesday with Honduras' president-elect to give ousted leader Manuel Zelaya safe passage to this Caribbean nation. The pact would let Zelaya, who has been holed up in the Brazilian Embassy in Tegucigalpa nearly four months, fly here as a guest after Porfirio Lobo takes office as Honduras' president Jan. 27, Dominican presidential spokesman Rafael Nunez said. Lobo said he was confident Honduras' political crisis would ease after his inauguration on the final day of Zelaya's term. He thanked Dominican President Leonel Fernandez for his help in drafting the deal, dubbed the "Agreement for National Reconciliation and the Fortification of Democracy in Honduras." "We must all forgive. We strongly defend an amnesty for all, regardless of ideological differences we may have. It is in the interest of the Honduran people," Lobo said before meeting with Fernandez to sign the accord. Lobo, a wealthy rancher who won Honduras' Nov. 29 presidential election, previously called for granting amnesty both to Zelaya and to all of those involved in the coup that removed the leader in a fight over constitutional change. Zelaya praised the accord as a sign of Lobo's commitment to national reconciliation, but the ousted leader did not say when he might leave Honduras, although Dominican officials said that could happen as early as inauguration day. "I recognize this as a good gesture from Lobo to achieve national reconciliation," Zelaya told Radio Globo from the Brazilian Embassy in Tegucigalpa. In the pact, Lobo guarantees that his administration will treat Zelaya and his family with dignity. Fernandez would travel with Zelaya from Honduras to the Dominican Republic. Zelaya was toppled in a June 28 military-backed coup and flown into exile after repeatedly ignoring court orders to drop plans for a referendum on rewriting the constitution. He was charged with treason and abuse of authority. He later sneaked back into Honduras in late September and took refuge in the Brazilian Embassy, where he has been surrounded by Honduran troops. From the embassy, he opposed the election to choose his successor. The vote had been scheduled before Zelaya's ouster. It's not clear if the pact signed by Lobos and Fernandez might end the political conflict in Honduras set off by the coup. Zelaya, in a recent interview with Radio Globo, said he was not giving up his struggle against those who ousted him. "My fight is for the transformation of Honduras; it does not end on the 27th of January," he said. The ousted leader, who also is from a wealthy ranching family, shifted his rhetoric to the left during his administration, casting himself as defender of workers in his impoverished nation. Zelaya also allied himself with regional leftists like Venezuelan President Hugo Chavez, alienating the Honduran business community and most of his own party. Fernandez said he was hopeful Hondurans would return to "the civilized coexistence that is the basis of their progress, prosperity and the well-being of the population." Fernandez, who is in his third term as Dominican president, often positions himself as a Latin American peacemaker. |
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