July 11, 2009

Mexican households suffer as relatives in U.S. lose jobs, money

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The ripple effect from the imploding U.S. economy has hit especially hard in rural Mexico where millions of families who depend on the money sent home by relatives in the United States suffer as that money dries up. Chris Hawley of The Arizona Republic’s Mexico City bureau reports that money transfers are down a record 20 percent in one year.

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