Thanks for the $4 billion....
President López Obredor Tuesday thanked Mexicans working abroad for the "solidarity" shown in March, with the sending of $4 billion (US) to familiy members south of the Rio Grande. It was the largest cash amount ever recorded.
Remittances, numbering 10.6 million individual transactions, averaged about $380 each ($9,000-$10,000 pesos.)
The Mexican economy, more than half of which is "informal," is expected to shrink about 8% this year, economists say. The "formal" economy may offer scattered unemployment benefits; the informal sector, none. (Excelsior) (Forbes) et al
Complete thread:
- Thanks for the $4 billion.... - zulualpha, 2020-05-05, 10:37
- Thanks for the $4 billion.... - GolfSuper49, 2020-05-07, 17:25
- Thanks for the $4 billion.... - Ironwood, 2020-05-07, 18:12
- Thanks for the $4 billion.... - islandgirl, 2020-05-07, 18:39
- Thanks for the $4 billion.... - ZihuaRob, 2020-05-07, 18:43
- Thanks for the $4 billion.... - GolfSuper49, 2020-05-08, 13:10
- Thanks for the $4 billion.... - ZihuaRob, 2020-05-08, 14:22
- Thanks for the $4 billion.... - GolfSuper49, 2020-05-08, 13:10
- Thanks for the $4 billion.... - Ironwood, 2020-05-07, 18:12
- Thanks for the $4 billion.... - GolfSuper49, 2020-05-07, 17:25