COGNICURRENT

Experts in Nigeria are advocating for innovative mortgage solutions to better integrate financial remittances from the diaspora into the housing sector.

Migrant workers in Dubai express fear and concern about the impact of Iranian attacks amid ongoing conflict, highlighting their precarious situation in the Gulf region.

This article discusses the economic statistics of Mexican workers in the United States, highlighting challenges in comparing income with those registered in Mexico's social security system.

A new 1% tax on certain remittance transfers from the United States is causing financial distress for Dominican families reliant on these funds.

African migrants in the Gulf countries, especially in Dubai, are trapped by the need to send money home despite fears of escalating conflict in the region.

The ongoing conflict between the US-Israel and Iran is causing soaring oil and gas prices, significantly impacting India's economy, particularly through remittances from its citizens working in the Gulf region.

Japan's internet banking sector has seen fraudulent remittances surge to a record 10 billion yen, with phishing scams increasingly becoming a threat.

Former Sri Lankan minister Harin Fernando warns that the ongoing conflict in the Middle East poses significant economic risks to Sri Lanka, particularly through impacts on tourism and remittances from its expats working in the region.

The investigation into the ‘Ssangbangwool North Korean remittances’ case is compromised by leaked recordings suggesting coercion aimed at implicating President Yoon Seok-youl.

January 2026 saw the weakest remittance inflow to Mexico since 2015, with a 1.4% year-on-year decline, totaling $4.594 billion according to Banxico.

Millions of Guatemalans are using remittances from the United States to modernize their homes in Guatemala, significantly changing the rural landscape.

Cuban exiles in Miami persist in sending essential goods and money to relatives in Cuba despite restrictions imposed by the U.S. government.

In 2025, remittances from Egyptians abroad have reached an all-time high of approximately $41.5 billion, marking a significant increase of 40.5% compared to 2024.

A proposed bill in Utah aims to impose a 2% tax on international money transfers, raising concerns among migrants and their families regarding the impact on financial support.

The prosecution has appealed a court ruling that dismissed charges against Kim Sung-tae regarding remittances to North Korea, asserting it constitutes both a violation of foreign exchange laws and a bribery offense.

The Nigerian government aims to engage medical professionals in the diaspora to improve local healthcare services through the Diaspora Health Impact Initiative 2026.

The Nigerians in Diaspora Commission plans to deploy Nigerian doctors from abroad to improve healthcare services across the country through the Diaspora Health Impact Initiative 2026.

A 4.56% drop in remittances to Mexico in 2025 is affecting domestic consumption and contributing to economic uncertainty, according to Anpec.

Former Ssangbangwool Group chairman Kim Seong-tae had his indictment for allegedly providing third-party bribes to President Lee Jae-myung through remittances to North Korea dismissed in court.

A decline in remittances in 2025 is significantly affecting household consumption in numerous municipalities in Mexico.

Mexican migrant families are experiencing a decline in remittances from the U.S., particularly from California and Texas, as reported by the Bank of Mexico.

Ecuadorian migrants are forming collectives to invest in housing in the U.S. in an effort to sustain remittance flows amid job challenges under U.S. immigration policies.

Haiti's transitional government leader, Leslie Voltaire, expresses the country's dependency on U.S. support through remittances and warns against the potential crisis that could emerge from the end of Temporary Protected Status for Haitian citizens in the U.S.

Remittances to Mexico dropped by 4.6% in 2025, attributed to stricter U.S. immigration policies under President Trump, despite a slight increase in December.

In 2026, remittance flows to Mexico will face major risks from a potential economic slowdown in the United States, strict immigration policies, and the appreciation of the Mexican peso, according to BBVA Mexico.

Fear of deportation has led to a 4.6% annual decline in remittances sent to Mexico from the U.S. in 2025, marking the first decrease since 2013, according to Banxico.

In December, remittances from abroad to Mexico reached $5.322 billion, marking a 1.9% year-on-year increase according to the Bank of Mexico, despite a decrease in the number of transactions.

The amount of money that immigrant workers in Italy send back to Bangladesh has risen to 2.2 billion euros in the third quarter of 2025, driven by a 1.1% increase from the previous year.