Archive for the ‘Philanthropy’ Category

Good out of tragedy? Turkey and Israel after the earthquake

October 25, 2011

“Earthquake diplomacy” is a term coined after two huge earthquakes struck first Turkey, then Greece in 1999. Putting aside years of mutual distrust, the Greek government immediately offered aid to Turkey when a magnitude 7.4 earthquake struck the major Turkish city of Izmit, with severe damage as far as Istanbul. Two weeks later a 5.9 earthquake struck in Athens, and the Turks quickly reciprocated. Ordinary Turks and Greeks rushed to donate blood and money to their stricken neighbors. Official relations between the two countries warmed considerably.

Now earthquake diplomacy may heal relations between former allies Turkey and Israel, seriously breached this May when Israeli forces attacked a Turkish ship attempting to run an Israeli blockade of Gaza, killing nine Turks in a botched attempt to take over the ship.

When a 7.2 magnitude earthquake struck eastern Turkey last week, killing hundreds and destroying thousands of homes, Israeli President Peres was the first to offer aid to his counterpart, Turkish President Gul. (more…)

Making the world a better place: fifty-eight billionaires have followed Bill and Melinda Gates and Warren Buffett in pledging to give half their wealth to charity

December 26, 2010


While Republicans were digging in their heels to get tax breaks for millionaires and Democrats were demonizing them, 58 billionaires were promising to give away more than half of their wealth to philanthropic causes..

They’ve taken “The Giving Pledge,” an initiative of Warren Buffett and Bill and Melinda Gates “to make the world a better place.”

The names of Buffett and the Gates’s don’t appear on the website, They’re not into self-aggrandizement. In fact quite the opposite: when Buffett, reportedly the world’s third wealthiest person, decided to give away 99 percent of his wealth, he didn’t endow a Warren Buffett foundation: he decided that the Bill and Melinda Gates Foundation had all the right intentions and the right competence, so he decided to give it all to that going concern. He’s already given over six billion dollars to the foundation.