Nov 25th, 2008 · Mexicans working in the U.S. are being hit hard by the economic slowdown. That is hurting their home country, as remittances are Mexico's second-largest source of foreign currency. Officials are planning for a wave of reverse migration that could be in the millions, as U.S. jobs are slashed.
May 1st, 2008 · Fewer immigrants living in the United States are sending money back to their home countries. A survey by the Inter-American Development Bank shows remittances by immigrants are flat. But the percentage of immigrants sending money home is down dramatically in just two years. The report cites the U.S. economic slowdown and a tougher line on illegal immigrants.
Aug 7th, 2007 · Latin American immigrants increasingly want to go to Spain because of its financial services. Experts say Spain is one of the countries doing the most to help immigrants integrate economically. Last year, immigrant workers in Spain sent home $5 billion in remittances.