Bono

Bottom Line for (Red)

"(Product)RED," a campaign started by U2 front man Bono, combines consumerism and altruism. In the year since its start, American consumers have generated over $22 million to fight HIV/AIDS through the purchase of "(Product)RED" branded ipods, t-shirts and other products. While the campaign has had a positive effect by providing much needed funds to health clinics in Rwanda, Ghana and Swaziland, critics of RED remain skeptical.

According to Rwandan officials, Red contributions have built 33 testing and treatment centers, supplied medicine for more than 6,000 women to keep them from transmitting H.I.V. to their babies, and financed counseling and testing for thousands more patients.

Ben Davis of San Francisco, who created a Red parody online that says “Buy(Less),” is encouraging consumers to give more directly to nonprofits that support AIDS programs in Africa. “I just think that increased consumption in America can’t be the only way to solve Africa’s problem,” Mr. Davis said.

World Economic Forum

Topics: Economic Development
Countries: Switzerland

The annual World Economic Forum meeting in Davos, Switzerland takes places this week.

The theme of this year's meeting is "The Power of Collaborative Innovation". How "partnerships between business, government and communities can offer a useful solution" for water scarcity is also supposed to be on the agenda, and Bono will be there again continuing to push for debt relief for poor nations.

From the Archives

Bono and Tough Love

Previously filed under: Africa, General Globalization
Why debt forgiveness is not a substitute for creating good governance.

From the Archives

Bono's Developing Business

Previously filed under: Africa, Global Economy
How a rock star is bringing economic equality to Africa and South America.

From the Archives

U2's Bono Rocks the World

Previously filed under: General Globalization
The Millennium Challenge and a new approach to foreign aid.

Breaking News

First Major Utility Company Invests in Solar Energy

OneWorld Daily Headlines - Tue, 08/19/2008 - 10:28
For the first time, a big, American utility company is investing in large-scale solar energy. Pacific Gas & Electric has decided that solar is part of the answer for California's energy needs.

Cairo Tries to Get Ancient, Rattling Cabs Off the Streets

International Herald Tribune - Wed, 08/20/2008 - 04:21
In Seoul, the Hyundai Pony is a museum exhibit. In Egypt, the decades-old car can still be used as a taxi, so long as it doesn't fall into a canal.

In Israel, Kosher Extends Beyond the Kitchen

Christian Science Monitor - Tue, 08/19/2008 - 23:00
A kosher 'social seal' on nearly one-third of Jerusalem restaurants conveys ethical, not just dietary, standards.

In Vietnam, Even the Dead Feel the Pinch of Inflation

International Herald Tribune - Wed, 08/20/2008 - 06:15
Vietnam is suffering its first serious economic downturn since it moved from a command economy to an open market nearly two decades ago.

Mobilizing Against Hunger in Haiti

OneWorld Daily Headlines - Mon, 08/18/2008 - 13:37
In notoriously hunger-stricken Haiti, a grassroots movement is revitalizing deforested land, conserving rainwater, and leading discussions on the root causes of the ongoing food crisis.

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