Migrant Workers Sending Less Money to Latin America

Funds sent by overseas workers back to Latin America and the Caribbean are expected to drop steeply in 2009, shrinking a crucial source of cash for many families in the region. Remittances to the region began to slow in 2008 after a decade of growth, according to the Inter-American Development Bank, as countries such as the U.S., Spain and Japan, slid into recession.
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