The Tap Is Closing - Immigration and unemployment are affecting how much money is being sent from the US, which is doing severe damage to Latin American economies which depend on these remittances.

Posted on: October 16th, 2007
Filed Under: [ Business ] [ Hispanic News ] [ Top Stories ] [ Your Money ] [ Blogante Business ]
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“John Warner, MoneyGram manager for Latin America, has faced major challenges in his over 20 years of running the remittance business, including recessions and harsh attacks by the competition.

But one day toward the beginning of this hear he ran up against the real boogeyman of the industry: US immigration authorities, a.k.a. the “migra”, is scaring his customers away from MoneyGram agent locations, where they lie in wait for them on payday to arrest and deport them.”*

*From: http://www.laraza.com
Traducido: usando Google o Altavista/Babel Fish

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