Somalia Speaks: How Al Jazeera Reports Via Text Message
December 9th, 2011

Al Jazeera’s ambitious new project Somailia Speaks uses SMS text messages to gauge how ordinary Somalis are coping with the ongoing conflict in their country. It’s the first time they’ve been polled in years, and things in Somalia may be worse than anyone knew.

the full article is on: FastCompany

Al Jazeera English is betting that mobile phones are the best bet to help understand events on the ground. The Qatar-based network just launched Somalia Speaks yesterday. It’s the first-ever large-scale survey of Somali citizen sentiment“.

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Since it may be assumed that black money or unauthorized money were obtained by illegal or unlawful measures, the government can seize them and use them for charitable purposes and as there are sufficient amounts of these funds in the banks worldwide, it should be used as a source in solving this emergency.

The IMF estimates the total amount of black money in the world at over $ 18 trillion. In the recent certain months, there were reports on news media on Swiss banks having black money deposits, with India,Russia,the UK and Ukraine being foremost in the list with $1.4-1.5 trillion, $470billion, $ 390 billion and $100 billion respectively. Analyzing the size of the money, it can be assumed that a portion of the interest on this wealth alone should be enough to meet the overall needs of the region. Although the Swiss banks currently do not provide interest on deposits and in the past when it did provide interest on them, they were in the range of 0.25-0.50 % from the year 2009 .However it may be assumed that other banks may provide interest on such money and if that is the case, a portion of it can be used towards this cause.

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