Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Migrants in U.S., Mexico fret about Trump threat to halt remittances

In central Mexico’s Mezquital Valley, new pick-up trucks bounce along unpaved roads and U.S.-style houses are springing up alongside cornfields. But people are afraid that remittances from family members abroad, a primary source of funding for such purchases, may soon dry up.

During the holiday season, even as money and gifts have flowed into the area from relatives working in the United States, residents have fretted about what a Trump presidency will mean for them and family members working in the United States.

During his presidential campaign, Donald Trump said he would stop allowing wire transfers . . .

Read Full Story

Related Posts

Why Vallarta Is Planning a 900 Million Peso Water Fix

SEAPAL wants more than 900 million pesos for new intake and treatment works linked to...
Chapala Rental Squeeze Deepens Across Lakeside Market

Chapala Rental Squeeze Deepens Across Lakeside Market

New data places Chapala among Jalisco’s priciest rental markets, with Ajijic standing out as affordability...
Mérida moves to bring mototaxis under clearer rules

Mérida moves to bring mototaxis under clearer rules

Yucatán has launched a commission to regulate mototaxis in Mérida, targeting safer service, insurance, pricing...
peso today

Peso gains against dollar as inflation clouds path

The peso strengthened to around 17.35 per dollar on April 9, but hotter March inflation...