The Himalayan country’s economy has taken a blow from a lack of climbers and a plunge in remittances as infections spread.
Tag: Remittances
Cuba Says US Restrictions Will Force Western Union Offices to Close, Limit Remittances
The moves could severely restrict the flow of remittances from abroad and worsen a profound economic crisis on the island.
Cuba Says U.S. Restrictions Will Force Western Union Offices to Close
The moves could severely restrict the flow of remittances from abroad and worsen a profound economic crisis on the island.
Virus Forces Persian Gulf States to Reckon With Migrant Labor
The Mideast’s wealthiest countries depend on foreigners to do jobs their citizens won’t. But the virus has hobbled the arrangement and drawn attention to its inequities.
Coronavirus Brings Migrant Labor to a Near Halt
Laborers have not just stopped traveling in search of work. Many have also headed back to their home countries.
Millions Had Risen Out of Poverty. Coronavirus Is Pulling Them Back.
Experts say that for the first time since 1998, global poverty will increase. At least a half billion people could slip into destitution by the end of the year.
Economic Freeze Cuts Remittances, a Lifeline for Migrants’ Families
Migrant workers globally send hundreds of billions of dollars home every year. The economic paralysis with the coronavirus pandemic threatens that.
Coronavirus Fears Terrify and Impoverish Migrants in the Persian Gulf
Millions of migrant workers in Gulf countries have found themselves locked down, laid off and stranded, with no place to turn for help.
Coronavirus Finds Fuel in a World of Migrants
Migrant workers have not only been victims of Covid-19, but spreaders, too, creating a new world of risk for a vulnerable population.
New U.S. Travel Ban Shuts Door on Africa’s Biggest Economy, Nigeria
The visa rules will affect nearly a quarter of the people on the African continent, including many hoping to join loved ones already in the U.S.