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10-05-2012, 10:25 PM #1
TX - Eight Injured In Brooks County Smuggling Attempt
Posted: Oct 5, 2012 12:25 PM
Updated: Oct 5, 2012 5:40 PM
kristv
FALFURRIAS - A human smuggling attempt goes terribly wrong and lands eight people in the hospital.
It happened this morning around 5am on US Highway 281 about nine miles of Falfurrias.
The Department of Public Safety says an alleged smuggler was speeding to pick up about 15 illegal immigrants when he lost control of his truck and slammed into the group that was waiting on the side of the road.
Eight people were taken to hospitals in Corpus Christi, as well as McAllen, Alice, and Kingsville. Three of them were flown by Halo Flight. None of the injuries was life threatening.
It's unclear if the truck driver was among those who are hurt. The immigrants are from Honduras and Guatemala.
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10-05-2012, 11:15 PM #2It's unclear if the truck driver was among those who are hurt. The immigrants are from Honduras and Guatemala.
US signs historic deal with El Salvador and Honduras for remittance securitization
Submitted by Sanket Mohapatra on Wed, 10/13/2010 - 12:09
The United States has recently signed separate Memorandums of Understanding (MoUs) with El Salvador and Honduras to assist them in securitizing their future remittance receipts to raise financing for infrastructure and development projects.
Under the Building Remittance Investment for Development, Growth, and Entrepreneurship (BRIDGE) initiative, banks in these countries will leverage their future remittance receipts to raise lower-cost and longer-term financing in international capital markets to fund infrastructure, public works, and commercial development initiatives (see press release).
In a speech in New York City on September 22, Secretary of State Hillary Clinton explained how BRIDGE would work to raise critically needed development funding:
Read the rest of the story at:
This s from the State Department.
U.S. BRIDGE Initiative Commitments with El Salvador and Honduras
Media NoteOffice of the Spokesman
Washington, DC
September 22, 2010
On September 22, 2010, Secretary of State Hillary Rodham Clinton signed separate Memorandums of Understanding (MOU) with Honduran President Porfirio Lobo and Salvadoran Foreign Minister Hugo Martinez outlining the United States’ commitment to the Building Remittance Investment for Development Growth and Entrepreneurship (BRIDGE) Initiative in Honduras and El Salvador.
Led by the Department of State’s Bureau of Economic, Energy and Business Affairs, the United States has committed through the BRIDGE Initiative to work with El Salvador and Honduras to develop and support partnerships with strong and reliable in-country financial institutions to maximize the development impact of remittance flows from the U.S. and to help establish strong foundations for sustainable, inclusive, and transformational economic growth.
Remittances have the potential to be a transformational asset in meeting the development goals of the Latin America region as they can enable greater access to the types of long-term capital required for the multi-year investments that will sustain growth. The Inter-American Development Bank (IDB) estimates that U.S. $50 billion in worker remittances flow from the U.S. to Latin America and the Caribbean annually.
Under the BRIDGE Initiative, strong in-country financial institutions in Honduras and El Salvador will be able to partner with the United States and multilateral partners to help explore options to use their remittance flows safely and soundly as an asset to raise lower-cost and longer-term financing for infrastructure, public works, and commercial development initiatives that are currently lacking in these countries. USAID-supported market assessments confirmed the feasibility of BRIDGE’s goals in Honduras and El Salvador.
Based on previous successful efforts in Latin America, Europe, the Middle East, and Africa, BRIDGE will not impact the basic transfer of remittances. The millions of households in El Salvador and Honduras that depend on remittances as income and for basic daily living expenses will not see their regular payments disrupted by this effort.
For more information on EEB, click here.
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