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Michael Shifter discussed in Minneapolis for Global Minnesota the complex and often strained relations between the US and Latin America including a look at immigration and trade policies, the reversal of the Cuban thaw, the Trump administration’s return to a more militant war on drugs, and the implications of recent developments with Venezuela and China.
This analysis offers a glimpse of the potential impact of the Coronavirus Disease 2019 (COVID-19) pandemic on US immigrants and family remittances. Past events involving worldwide crises can offer insight as to how this pandemic will likely affect remittance transfers. Considering migrants’ financial and health vulnerabilities as well as the forecast recession, a conservative estimate shows that remittances will register a -3 percent decline in 2020 relative to 2019, from $77 billion to $75 billion.
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El 10 de Mayo, el director del Programa de Migración, Remesas y Desarollo, Manuel Orozco ofreció su análisis al programa Ciclos CAP sobre la última alza en remesas hacia México.
