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More than 1,300 Children’s Day food poisoning victims in Veracruz

State vows to take legal action against World Vision, an organizer of the Children's Day events

Thursday, May 2, 2019

Authorities in Veracruz report that 1,358 people were admitted to emergency rooms on Children’s Day after contracting food poisoning.

Health officials said the Zongolica, Tlaquilpa and Río Blanco regional hospitals looked after 699 of the intoxicated adults and children, while 433 were admitted at the IMSS clinics in Atlahuilco and Tehuipango.

Another 186 received medical care at the health centers in Tilica and Alcomunga, Puebla, while 40 were taken to private medical institutions.

World Vision International

wvi.org

World Vision International is an Evangelical Christian humanitarian aid, development, and advocacy organization. It prefers to present itself as interdenominational and also employs staff from non-evangelical Christian denominations. It was founded in 1950 by Robert Pierce as a service organization to meet the emergency needs of missionaries.Wikipedia

Founder:Rev. Bob Pierce

Type:501(c)(3) religious non-profit corporation under the laws of the State of California, U.S.

Focus:Well being of all people, especially children.

Location:Monrovia, California, U.S, 800 West Chestnut Avenue (administrative center, World Vision International Board), London, U.K. (Executive Office and International Headquarter)

Method:Transformational Development through emergency relief, community development and policy and advocacy

Key people:Kevin Jenkins (International President), Ms. Donna Shepherd (Chairperson Int'l Board)

Revenue:US$1.01 billion (2016)

Slogan:Our vision for every child, life in all its fullness, our prayer for every heart, the will to make it so.

SOURCES

https://mexiconewsdaily.com/news/more-than-1300-childrens-day-food-poisoning-victims/

wikepedia

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues

SAN FRANCISCO (Reuters) - Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a “Spartan diet” and easing Wall Street concerns about the money-losing company’s ability to overcome a drop in sales and build new product lines.

Tesla’s plan to issue debt and convertible shares comes after the company repeatedly pushed back forecasts for turning a profit. The company faces expensive challenges, including launching production in China, overhauling its U.S. retail and service operations and developing new models, including the high-volume Model Y SUV and a Semi commercial truck.

Many analysts had calculated that Tesla - which burned through $1.5 billion in the first quarter - would not be able to carry out its growth plans without new cash.

“The market seems to be breathing a sigh of relief. Now they need to get back to work, and start selling more cars,” said Roth Capital analyst Craig Irwin.

Shares of Tesla rose 4.3% to close at $244.10, while the yield on Tesla’s existing $1.8 billion junk bond fell to its lowest level in over a month.

“This is how they pay for the factory in China, the Model Y, their 2020 goals, said Ross Gerber, chief executive of investment firm Gerber Kawasaki.

Raising $650 million in new shares and $1.35 billion in debt, while giving underwriters the option to buy an additional 15 percent of each offering, could potentially raise the proceeds to $2.3 billion.

Chief Executive Officer Musk would also pitch in $10 million of his own money, Tesla said in a filing.

FULL ARTICLE SOURCE

https://uk.reuters.com/article/uk-tesla-offering/tesla-ends-spartan-diet-seeks-up-to-2-3-billion-from-share-debt-issues-idUKKCN1S80ZL?