Remittances

At the Margins of a Hot War, Somalis Are ‘Hanging on by a Thread’

After twin suicide bombings at a popular Mogadishu hotel last week that killed 25 and wounded 40, news reporters were seen swarming through the city, spotlighting the victims, the assassins, the motives and the official response.

Ruble’s Rout Breeds Uncertainty for Central Asian Migrants

Sardor Abdullayev, a construction worker from eastern Uzbekistan, had planned to go to Russia next spring to join relatives working construction sites in the Volga River city of Samara. But now, he says, “I am better off staying at home and driving a taxi.”

Central Asia Hurting as Russia’s Ruble Sinks

Pensioner Jyparkul Karaseyitova says she cannot afford meat anymore. At her local bazaar in Kyrgyzstan’s capital, Bishkek, the price for beef has jumped nine percent in the last six weeks. And she is not alone feeling the pain of rising inflation.

‘Youth Exodus’ Reveals Lack of Opportunities

The small South Pacific island state of Samoa, located northeast of Fiji, attracts tourists with its beaches, natural beauty and relaxed pace of life, but similar to other small nations with constrained economies, it is experiencing an exodus of young people, who are unable to find jobs.

Migration as a Network for Development

On the eve of a major international conference on migration in Stockholm, a major think tank here is calling on the delegates from more than 150 countries to recognise the importance of migration in forging development policies.

Ethiopia Swamped by Tidal Wave of Returned Migrants

The return of 120,000 young undocumented migrant workers from Saudi Arabia to Ethiopia has sparked fears that the influx will worsen the country’s high youth unemployment and put pressure on access to increasingly scarce land.

The Dark Side of International Migration

The number of international migrants continues its inexorable climb even as reports of slave-like conditions continue to proliferate.

Despite Recession, Global Migration on the Rise

New international migration figures released by the United Nations Wednesday show that more people than ever are living abroad. Around 232 million of the global population of seven billion are considered international migrants, simply defined as persons living outside their country of birth.

Remittances Buoy Up Myanmar’s Economy

Nangnyi Foung reaches into the dryer, pulls out another pair of pants and places it on the ironing board. "I still have several more loads to go," she says as the clock strikes nine p.m., marking the start of her 14th hour on the shift.

Migrant Workers Face Tough Times in Thailand

On the outskirts of the northern Thai city of Chiang Mai, a group of twelve migrant families lives in a makeshift camp comprised of houses constructed from scrap metal.

In U.S.-Mexico Relations, a Shift from Security to Economy

Ahead of President Barack Obama’s trip to Mexico and Costa Rica, experts here are expecting that security will take a back seat to issues of economic cooperation between the U.S. and Mexico.

Over 100 Million Women Lead Migrant Workers Worldwide

The face of migration is changing dramatically as women and girls now represent about half of the over 214 million migrants worldwide.

Remittances Soothe the Scourge of Militancy

Fifty-nine-year-old Sherdil Shah, a resident of South Waziristan – a hotbed of militancy in northern Pakistan’s Federally Administered Tribal Areas (FATA) – used to run a modest grain shop that fetched enough money to keep his family of 10 well-fed and looked after.

Supachai Panitchpakdi, secretary general of the United Nations Conference on Trade and Development (UNCTAD). Credit: Communications and Information Unit/UNCTAD

Q&A: Turning Remittances into National Profits in LDCs

Remittances to the world’s poorest countries reached a record 27 billions dollars in 2011, according to a report released Monday by the United Nations Conference on Trade and Development (UNCTAD) in Geneva.

Remittances Rise Despite West’s Economic Weakness

Despite recession in Europe and a weak recovery in the United States, remittances to developing countries have been growing at a strong pace over the last year and are likely to accelerate further through 2015, according to a new report released here Tuesday by the World Bank.

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