International Credit
Haitian Risk: U.S. Companies Doing Business in Haiti
Jan. 28, 2010
AP photo
Members of the U.S. Army's 82nd Airborne
land on the front lawn of the crumbled
Presidential Palace in Port-au-Prince.
On January 12th, a magnitude 7.0 earthquake struck the tiny Caribbean nation of Haiti -- one of the world's poorest -- causing widespread destruction and an estimated 100,000 deaths. CreditPulse reports on the few U.S. companies that do business in Haiti and some of the reasons why more don't.
"I think it's really a catastrophe of major proportions," Haiti's ambassador to the United States, Raymond Alcide Joseph told CNN the day after his country was devastated by a 7.0 magnitude earthquake. The quake was centered 10 miles from the capitol city of Port-au-Prince.