Tag "remittances"
Under the Radar: Nepal in turmoil after India’s rupee demonetization
India’s rupee demonetization is severely impacting Nepal as Nepalis are left without recourse, with everything from pensions to tourism threatened.
Lebanon suffers from Saudi-Iranian rivalry
Tensions between Saudi Arabia and Iran are palpable: the use of Lebanon for proxy power plays has some serious repercussions particularly in relation to Saudi-aligned Gulf States. Lebanon boasts an
Does Kerry’s surprise visit to Somalia prelude a renewed US-Somali relationship?
John Kerry’s surprise visit to Somalia is the latest sign of strengthening relations between the US and Somalia. John Kerry arrived in Mogadishu on May 5, where he met Somali President
Moldova escapes government and currency crises
When a long crisis triggered a sudden run on its currency last month, Moldova’s parliament finally chose a new liberal Prime Minister. If the fragile minority government survives, last year’s
Halt of remittances threatens stability in Somalia
Increasing pressure on U.S. banks has led to a complete halt of remittance payments from Somali immigrants to family and friends back home. The decision puts banks in a frustrating
Industry interests could pave a rocky political path for US-Cuba relations
The thaw in tensions between the United States and Cuba will likely be hamstrung by U.S. domestic politics. However, pressures from major interest groups that would stand to benefit from closer
New Data Points to Strong Philippine Economy
In recent months a trickle of news regarding a Chinese economic slowdown, continued weakness in Europe, and stalled growth in many emerging markets has raised fears of another global recession.
