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Stories Tagged as

Remittances

Facebook's crypto plan could disrupt remittance market

by Andy Uhler
Jun 19, 2019
Facebook says sending money over its network will cost next to nothing. Remittance companies will be watching closely.
Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or spend money as easily as firing off text messages.
BRENDAN SMIALOWSKI/AFP/Getty Images
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Haitians with TPS help fuel Haiti's economy, one wire transfer at a time

by Renata Sago
Apr 17, 2018
Their protected status ends in 2019. If they have to leave the U.S., how might that affect Haiti’s economy?
Reynald Justance earns a living working in the kitchens at Disney World. He sends money to family and friends in Haiti at least once a week.
Renata Sago/Marketplace
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Not it: No one wants to pay for Trump’s border wall

by Jana Kasperkevic
Aug 24, 2017
Not the Sun. Not Mexico. Not Americans.
Volunteers look over the US-Mexico border fence to see how illegal border crossers may jump the fence before going on the nightly patrol. 
David McNew/Getty Images
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Immigrants around the world sent $445 billion back to their home countries last year

by Jana Kasperkevic
Jun 15, 2017
It’s not just Mexico and the U.S. that are affected by remittances, the UN reports.
It's not just U.S. money that makes its way around the globe in remittances. 
Ali Al-Saadi/AFP/Getty Images
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This Wisconsin dairy farmer knows what wages sent to Mexico can do

by Annie Baxter
Apr 18, 2017
Legislators want to tax remittances to pay for a border wall. But for John Rosenow, they are a point of pride, not politics.
Wisconsin farmer John Rosenow looks at a Google Earth rendering of the area in Veracruz, Mexico, that many of the workers at his dairy farm call home. With him are Roberto, a worker, and Shaun Duvall, a local Spanish teacher.
Annie Baxter/Marketplace
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How immigrants are preparing for the Trump era

by David Brancaccio and Paulina Velasco
Jan 20, 2017
Univision's Leon Krauze said that some are planning to leave the country.
A U.S. Border Patrol keeps watch along the U.S.-Mexico border in Nogales, Arizona.
Spencer Platt/Getty Images
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By The Numbers

The migrant remittances industry, by the numbers

by Donna Tam
Apr 5, 2016
Trump’s border wall plan has us talking about the money people send back home. Let’s do the numbers on this booming business.
 
Matt Cardy/Getty Images
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The surprising complexity of moving money across borders

by Stan Alcorn
Jun 1, 2015
It isn't as easy as clicking a mouse.
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How Western Union and MoneyGram dominate remittances

by Stan Alcorn
May 7, 2015
It takes a lot of manpower to send money across borders.
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Remittances play a big role in Nepal's economy

by Noel King
Apr 27, 2015
Nepal is unusually dependent on remittances as a percentage of GDP.
People search amid the rubble of collapsed houses in Bhaktapur, a city in Nepal, on April 27, 2015, two days after a 7.8 magnitude earthquake hit the South Asian country. 
PRAKASH MATHEMA/AFP/Getty Images
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