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US Downturn Cuts Migrants' Payments Home

Mexican families struggle without funds relatives send home

By Matt Cantor,  Newser Staff

Posted Apr 18, 2008 10:30 AM CDT

(Newser) – The downturn in the US economy is also hitting Mexico hard, the Washington Post reports. Money sent home from the US, known as remittances, dropped nearly 7% in January compared with the year before, the biggest plunge in 13 years, says the Mexican government. Without...   Read full story »

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