Read all posts from ‘Cash back’

We all know that immigrants send money home, but did you know that large corporations and international enterprise do the same? They start their businesses in the developing world and then they leave with all the resources and most of the profits  – though they also increase the socio-economic standards […]

Peter, his wife and their two small children are a middle class family who own a two-bedroom apartment in a central location in Varna, Bulgaria’s third largest city. They have two cars and go on vacation twice a year. Peter has a degree in economics and used to work for […]

The question of how much good remittances are doing to our countries is very difficult to answer. The first and most obvious answer is that they are definitely doing good since they are sent expressly to improve the quality of life of family members who stayed behind. Money comes in […]

Strawberry nouveaux riches We’ve invented a new word and a social category for them. We call them “capsunari” – which roughly translates as “strawberry-picker,” a term which doesn’t, however, convey the tone of scorn and disdain we usually put into it.  About three million Romanians (13 percent of the country’s […]

The amount of remittances sent from Spain is rising again after two years of fall. Even if this could imply an improvement of the situation of migrants, it actually proves the opposite: they send a bigger part of their loan. Over the top, aggressive right-wing positions against migrants are getting […]