Reducing costs to save livelihoods
The COVID-19 crisis is severely affecting migrants’ ability to send money home to their families. The World Bank predicts a
Read more
unemployment
Business Of Remittances Could Collapse
The World Bank has predicted that there will be a 20 percent decline in global remittances in 2020. Amid economic
Read morePhilippines Has a People Problem, Literally
Hmmm, maybe Donald Trump wouldn’t be such a disaster after all. Just kidding! The billionaire-turned-politician would be every bit the
Read moreArmenians Deported from Russia ‘Will Worsen Unemployment’
The deportation of around 170 thousand Armenian migrants working in Russia illegally will cut the amount of remittances to Armenia from Russia by 10 percent, or $150 million, the chairman of the National Union of Employers, Garik Markaryan, said at a news conference today.
Read moreIncreasing hardship and soaring unemployment sparks Spanish migration
Formerly considered the least likely of all Europeans to give up on their country, increasing numbers of Spaniards are leaving for their former South American colonies in search of work.
Unemployment in the country now stands at an overall figure of 25 per cent, with 50 per cent of younger nationals unable to find work. Ironically the exodus to Latin America coincides with that of a far larger number of migrants from Mexico, Chile, Brazil, Venezuela and Ecuador who arrived in Spain during the boom years and are now leaving for better opportunities in their home countries.