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Finweek English Edition - - IN BRIEF -

Few sto­ries have demon­strated the power of so­cial me­dia as well as the popular Hu­mans of New York (HONY) blog, where a pic­ture of, and quote from, 13-year-old Vi­dal Chas­tanet from Brownsville, the neigh­bour­hood with New York’s high­est crime rate, prais­ing his high school prin­ci­pal, led to dona­tions from around the world of more than $1m (R11.6m) for the school. The money raised will be used to send stu­dents on an an­nual trip to Har­vard, run sum­mer pro­grammes and pro­vide schol­ar­ships.

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