Fund set up by U.S. ex-Presidents puts $2.6m into Haiti![]() June 27, 2012 - 21:21 AMT PanARMENIAN.Net - A nonprofit set up by former U.S. Presidents Bill Clinton and George W. Bush has issued nearly $2.6 million in loans and grants to help Haitian businesses and job training programs, the Associated Press reported. The money given by the Clinton Bush Haiti Fund goes to projects such as renovations at an oceanfront hotel in southern Haiti, training of nursing faculty at a college, small business loans and purchase of equipment for a construction company. The average interest rate on the loans is 3.5 percent. The Washington, D.C.-based nonprofit was created after the 2010 earthquake in Haiti to strengthen the poor country's economy by supporting Haitian nonprofits and businesses. The announcement was made on June 27. Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. Partner news |