The Rockefeller Foundation, the United Nations Foundation, and the Vodafone Foundation recently stated that they will be encouraging projects that use mobile technology for health purposes and work with public and private groups to further initiatives towards leveraging  the widespread use of mobile phones in developing countries. The Mobile Health Alliance (or mHealth Alliance for short), will aim to facilitate the 64 percent of cell phone users who are located in the developing world. Total, France’s largest company, who recently announced the highest annual net profit in French corporate history last week, a profit of €13.9 Bn ($18.0 Bn) , is preparing for the future by investing in increased capacity in developing markets, especially in Africa & the Middle East, whilst putting the brakes on production in Canada & the North Sea. In Nigeria, for example, Total is the lead company in the Apko offshore oil field, where it is partnered with MSV’s favourite oil firm, Petrobras and state-owned Nigeria National Petroleum Corporation. The field is estimated to have reserves of up to 1.6 billion barrels of crude in reserve. A Bloomberg report states that emerging-market stocks gained the most in a week after policy makers in the Middle East and Asia pooled billions of dollars to support their economies. The MSCI Emerging Markets Index added 2 percent to 512.74 at 8:44 a.m. GMT in London, the biggest gain since February 13. The Dubai Financial Market General Index increased as much as 6.4 percent, the most in seven weeks, after the United Arab Emirates’ central bank bought $10 billion worth of bonds from Dubai at a reduced rate to support the emirate.

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