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THE FLOW OF REMITTANCES In the rest of the world, remittances are surging, but the migrant money heading to Mexico is virtually flat, and families are feeling the squeeze.
The increased flow of remittances and visitors could transform the daily lives of many Cubans.
Now the World Bank and the International Monetary Fund are tracking the global flow of remittances.
The World Bank estimates the total flow of remittances in the world is nearly $350bn£224bnbn) per year.
In the capital, Asmara, the presence of a small elite and the flow of remittances from relatives overseas allegedly allows for a more vibrant life.
Given President Trump's declared crackdown on illegal immigration in the United States, residents here worry about the future flow of remittances.
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But just as rich countries can become over-dependent on immigration, which then reduces the incentive to improve the training or work ethic of hard-to-employ native citizens, so poorer countries can become over-dependent on emigration, which provides a flow of remittance money but slows the "take-off" to a more productive economy.
The letter to Simmonds urges the UK government to help Somali MSBs find alternative banks, and requests that Barclays extends its termination deadline for at least six months so that the flow of remittance through licensed companies is not disrupted until a more durable solution can be found.
The news set off fears of an economic meltdown not only in American Samoa but also in the neighboring independent nation of Samoa, the citizens of which have filled most of the cannery's jobs and provided a steady flow of remittance income back home.
Rich countries, too, with many migrants abroad, benefit from large flows of remittances.
Inward flows of remittances may boost national income, but GDP measures the output of a country.
More suggestions(19)
flow of transactions
supply of remittances
flow of payments
flow of contributions
transfer of remittances
flow of orders
flow of transfers
stream of remittances
volume of remittances
flow of rebates
distribution of remittances
flow of earnings
flow of incomes
flow of repayments
flow of books
flow of data
flow of participants
flow of innovations
flow of recruits
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com