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Tuesday, July 29, 2008


Mexico sees decline in migrant remittances.

AP, July 29, 2008 - “Half-year figures are expected to show the first sustained decline on record in remittances sent home by Mexicans working abroad, officials said. The downturn in U.S. housing construction and stepped-up immigration raids have made it tougher for migrants to find jobs, and less able to send money home. Mexico’s Central Bank is scheduled to release figures on the remittance flow on Wednesday.” Read more.

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