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Tags: Mexico, RSS, united nations
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Wal-Mart Stores Inc. donated $600,000 (€409,864) Thursday toward flood relief efforts in southern Mexico, as the world’s largest retailer struggles to find 430 of its employees there.
Wal-Mart officials said their Mexican subsidiary will try to leverage a matching grant from the United Nations Development program, meaning $1.2 million (€820,000) could go to those in the Mexican states of Chiapas and Tabasco.
Wal-Mart’s donation, double the amount of U.S. aid promised by President George W. Bush, comes as Mexico deals with what insurers call the costliest disaster to strike the nation since a hurricane devastated Cancun and Cozumel in 2005.”*
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