The world remains in the throes of a viral pandemic, but the World Bank is looking ahead. In an article titled,“Remittances in Times of the Coronavirus…
Browsing: remittances
The World Bank’s Misguided Thinking on Remittances
U.S. Economic Downturn May Change Remittance Equation
The U.S. economy is harmed by substantial amounts of money sent abroad in the form of remittances: Money that is earned but not spent in the…
Bank Job: How the Fed Aids Illegal Aliens
Little known to Americans, but widely used by illegal aliens, a U.S. banking program is helping to funnel billions of dollars out of this country. “Directo…
Remittances To Mexico Drain Dollars From American Pockets
One of the least-discussed aspects of U.S.-Mexico immigration policy is the potential taxation of remittance payments being sent from the United States to Mexico. Remittances are…
The $150 Billion Drain On The U.S. Economy
A little talked about byproduct of mass immigration into the United States is the staggering amount of money that leaves the economy every year through remittances.…