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Red Cross to Cut Costs

Monday, October 20, 2008 - 14:29
The Red Cross is starting to look at how to cut costs ahead of an expected fall-off in funding in the wake of the global financial crisis.
The Red Cross is starting to look at how to cut costs ahead of an expected fall-off in funding in the wake of the global financial crisis.

International Federation of Red Cross and Red Crescent Societies (IFRC) secretary-general, Bekele Geleta says rising food prices and the effects of climate change are compounding matters.

Geleta argues that disasters such as drought and flooding were becoming "more intense and more frequent.”

To read the article titled, “Red Cross facing funding cut,” click here. 
Source: 
<br /> News24
Article link: 
http://www.news24.com/News24/Africa/News/0,,2-11-1447_2412245,00.html
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