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Report: Red Cross Spent 25 Percent Of Haiti Donations On Internal Expenses
The report also says the charity's top officials stonewalled congressional investigators and released incomplete information about its Haiti program to the public. It concludes "there are substantial and fundamental concerns about [the Red Cross] as an organization."The report also says the charity's top officials stonewalled congressional investigators and released incomplete information about its Haiti program to the public.
- Categories
- Health Care
- Region
- Latin America
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Caricoin launches bitcoin mobile wallet for Caribbean users
Talking about the new launch of first of its kind app in the Caribbean, Karsten Becker, CEO, Caricoin told in the press release that, “Much in the way email changed the world by making communication fast and cheap, bitcoin is changing the world of digital finance and reshaping how we perceive, manage and store our money.”
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- Technology
- Region
- Latin America
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Western Union introduces US-Cuba money transfers
The Western Union Company pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.
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- Uncategorized
- Region
- Latin America
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If you want to make money in Cuba, join a band
“In Cuba, we have an inverted socioeconomic pyramid,” says Guevara. Waiters make more than software engineers, a hotel bartender is more likely to go on a holiday abroad than a bank manager, and having a university degree typically doesn’t mean higher pay.
- Categories
- Uncategorized
- Region
- Latin America
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Cash Is Costly in the Caribbean, Says Mastercard Study
A study commissioned by MasterCard indicates that nine out of 10 transactions in Jamaica are done by cash or cheques, underscoring the problem of costly informality, according to the global card company.
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- Uncategorized
- Region
- Latin America
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Behind the World’s Top Drugmakers’ Approach to Zika Vaccine
What if a drugmaker spent billions of dollars to create a vaccine -- only to find out humans developed natural resistance to the disease before its product is ready?
- Categories
- Health Care
- Region
- Latin America
- Tags
- vaccines
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India Eyes Oil-for-Drugs Deal With Venezuela to Recoup Pharma Cash
Indian officials say they have proposed an oil-for-drugs barter plan with cash-strapped Venezuela to recoup millions of dollars in payments owed to some of India's largest pharmaceutical companies.
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- Health Care
- Region
- Latin America
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Colombia Battles World’s Biggest Drugmaker Over Cancer Drug
Colombia's government is giving pharmaceutical giant Novartis a few weeks to lower prices on a popular cancer drug or see its monopoly on production of the medicine broken and competition thrown open to generic rivals.
- Categories
- Health Care
- Region
- Latin America
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