White House taps private sector to help feed world’s hungry By Christopher Doering, Gannett Comments WASHINGTON – President Obama vowed Friday to accelerate efforts to relieve hunger and malnutrition in Africa and unveiled as part of his plan a $3 billion commitment from multinational companies to make it easier for small farmers to grow their…
- they are trying to raise $3B, which is arguably a lot of money. however…
- semi-random college startup just IPO‘d at $104B market cap, Apple has $10B cash reserves, Microsoft $10B cash reserves …
- also, USA yearly defense budget is over $500B, the new fancy UK aircraft carrier will cost $12B, war in Afganistan cost $500B so far.
- … and in the end, the hard problem is not cash to buy food, but how to actually distribute it in the end. if they have a good plan for that, the cash should be easier to find.
- Obama touts $3B in pledges to help feed Africa (thegrio.com)
- Messages seen near White House (wjla.com)
- Helping the world’s hungry feed themselves (security.blogs.cnn.com)