Results 1 to 2 of 2
Like Tree1Likes
  • 1 Post By Jean

Thread: Migrants sent nearly $1B less to Latin American countries in April as COVID-19 struck

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Administrator Jean's Avatar
    Join Date
    May 2006
    Location
    California
    Posts
    65,392

    Migrants sent nearly $1B less to Latin American countries in April as COVID-19 struck

    by Anna Giaritelli, Homeland Security Reporter | | August 31, 2020 06:06 PM


    Migrants in the United States remitted $981 million less to family in Mexico and five other Latin American countries in April than the same month last year, as the coronavirus struck the Western Hemisphere, according to a study released Monday afternoon.

    Remittances, or money sent via wire transfer, from within the U.S. to Colombia, the Dominican Republic, El Salvador, Guatemala, Honduras, and Mexico dropped 17% to a total of $4.82 billion during the first full month that many American cities and states implemented stay-at-home orders and businesses closed down, a Pew Research Center analysis found.

    El Salvador, Guatemala, and Honduras, whose citizens made up the majority of people arrested by U.S. Customs and Border Protection for illegally crossing the southern border during the 2019 humanitarian crisis, saw the largest percentage decline in the first half of 2020 over any previous period since the 2009 Great Recession. Remittances make up 14% to 22% of the total gross domestic product in each of the three Northern Triangle countries of Central America, an indication that the drop in incoming foreign money could hurt each country's economy and even prompt migrants to flee to the U.S. or elsewhere. Remittances have slowly increased several percentage points each month since April.

    Mexico saw a decline from March to April after seeing an unprecedented spike in funds sent from the U.S. from February to March. Remittances to Mexico were 35% higher in March, when $40 billion was received, than a year earlier, but they then dropped as much in April to break even with the amount remitted in April 2019.

    Migrants sent home a record high of $714 billion in 2019, of which $71 billion was sent to the six Latin American countries. Remittances worldwide are expected to drop in 2020 due to the pandemic and the effect the economic hardship has had on workers globally, the Pew Research Center report states. Migrants in the U.S. remit more money to other countries than any other nation.

    https://www.washingtonexaminer.com/n...ovid-19-struck
    Beezer likes this.
    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

  2. #2
    Senior Member Beezer's Avatar
    Join Date
    Apr 2016
    Posts
    22,149
    The best that could happen is they have NO work and will self-deport.

    It is expensive to live here and they cannot afford it.

    No more school, no housing, no healthcare, no welfare or foods stamps

    And no more anchor baby.

    Make them self-deport by the thousands!

    Their countries need to clean up their gang problem, create jobs, so they can be prosperous on their own soil. They have land, they have resources, shut that border down.

    No more immigration from anywhere!
    TO BECOME AN AMERICAN YOU MUST CHANGE YOUR VALUES ...NOT YOUR LOCATION

    STAY HOME AND BUILD AMERICA ON YOUR SOIL

Similar Threads

  1. HYPOCRISY: America Accepts Six Times More Migrants than All Latin American Countries
    By Jean in forum illegal immigration News Stories & Reports
    Replies: 1
    Last Post: 02-19-2016, 11:24 AM
  2. Latin American Countries Wants Power of the United States?
    By Pisces_2010 in forum illegal immigration News Stories & Reports
    Replies: 4
    Last Post: 04-24-2011, 12:17 PM
  3. 7 Latin American countries bid to join Mex, against SB 1070
    By mkfarnam in forum General Discussion
    Replies: 7
    Last Post: 07-21-2010, 03:06 PM
  4. 2 Latin American countries object to Arizona immigration law
    By JohnDoe2 in forum illegal immigration News Stories & Reports
    Replies: 3
    Last Post: 07-14-2010, 05:10 PM
  5. Latin American Countries Rush Aid to Haiti
    By carolinamtnwoman in forum Other Topics News and Issues
    Replies: 1
    Last Post: 01-14-2010, 12:24 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •