Connect with us

Hi, what are you looking for?

Jewish Business News


Bloomberg Foundation Makes a Passage to India and Worldwide

Michael Bloomberg Funds “Smart Cities” Worldwide

smart cities

Michael Bloomberg is investing millions into “smart cities” worldwide in an effort to repair infrastructure and to make cities more safe, livable and efficient, according to the Times of India. The Bloomberg Foundation has already chosen Mumbai as one of its targets for funds to improve road safety, given the number of traffic accidents in the Indian metropolis and the eagerness of local authorities to implement reforms.

Twenty cities worldwide applied for funds to improve road safety, and 9, including Mumbai, were chosen to receive $125 million worth of funds over 5 years. Kelly Larson, director of Bloomberg Foundation’s Road Safety Department told Times of India, “We will provide technical assistance to improve the city’s road management. We will also run a media campaign in the city, spreading awareness about fastening seat belts and safe driving.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Domestically, the former mayor of New York has donated $48 million toward the adoption of clean energy technologies. The target is to reduce emissions 30% from their 2005 levels in the next 15 years.

“With the price of clean power falling, and the potential costs of inaction on climate change steadily rising, the work of modernizing America’s power grid is both more feasible and urgent than ever, ” said former New York Mayor Michael Bloomberg in a statement. “These grants will help states meet new federal clean power requirements in ways that save money and lives.”



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.