US Businesses hit hard by the Haiti earthquake

January 15th, 2010 - 12:38 am ICT by Aishwarya Bhatt  

Haiti Earthquake pictures Port-Au-Prince, Jan 14 (THAINDIAN NEWS) Some US Businesses are hit hard by the earthquake in Haiti, as Haiti was an important part of their business strategy, whether for procurement of supplies or as the ultimate destination for their wares. So some big and small American companies who did business in Haiti are now, starting to feel the pain of the earthquake that hit there, according to Portfolio.com.

Meanwhile the rescue efforts are in full swing. Even the US President has offered up to $100 million in aid for the Haiti victims. Even Royal Caribbean International and Wal-Mart are helping out. The chain is sending $100,000 worth of food kits and donating $500,000 to the Red Cross and the Royal Caribbean is offering use of its ships to help with the relief effort. Other companies like Jacksonville, Florida based Crowley Maritime and Sea Star Lines will help in the rescue efforts by sending over rebuilding supplies and equipment.

The 7.0-magnitude Haitian earthquake happened around 4.53 p.m. local time on Tuesday, according to the United States Geological Survey, making it the strongest earthquake ever recorded within 200 kilometers. It struck about 10 miles southwest of the country’s capital, Port-au-Prince. The earthquake had a depth of only 10 kilometers (6.2 miles), so there is a greater chance of severe damage. And around 50,000 people were killed in that quake.

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