News From the Border

Providing the news from a different front but from a war that we must win as well! I recognize the poverty and desperate conditions that many Latinos live in. We, as the USA, have a responsibility to do as much as we can to reach out to aid and assist spiritually with the Gospel and naturally with training, technology and resources. But poverty gives no one the right to break the laws of another sovereign nation.

Saturday, August 26, 2006

Remittances to Mexico Increase 23 Pct.

MEXICO CITY (AP) -- Mexicans living abroad sent $11 billion home in the first half of 2006, an increase of 23 percent over the same period last year, the government news agency Notimex reported Friday.

Remittances have become an increasingly important source of income for the country in recent years, surpassing tourism. They represent Mexico's second-largest source of foreign income after oil.

They topped $20 billion for the first time in 2005, a 17 percent increase from the previous year.

Mexico's government has lobbied intensely for the U.S. government to legalize some of the 11 million undocumented migrants living in the United States, about half of whom are Mexicans.

0 Comments:

Post a Comment

<< Home