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Good Morning, Vietnam!

Ho Chi Minh City We were up and at it on a Sunday morning as we shifted around the agenda to get a feel for the city and the country by taking a bus 60 kilometers away to see the Cu Chi Tunnels, a historic national site in Vietnam.  The tunnels were legendary.  Built [...]

Mexican Remittances And Wal-Mart’s Shadow

Mexico City We met early in the morning with the director of research for the Universidad Obrera de Mexico (Workers University of Mexico)’s direction of investigations, Laura Sanchez.  We had already read some of her articles in the bi-monthly magazine, trabajadores, about the way that Wal-Mart was reducing wages in agriculture in Mexico, which [...]

Conversion Fees and Remittance Charges

New Orleans Packing for the flight to Nairobi over Sunday and Monday, I read with interest a piece in the times about the usual run of charges that companies were charging for use of credit and debit cards outside of the boundaries of the USA covered in the “Your Money” column in the Times [...]

Small Scotia Steps on Remittances

New Orleans Handling remittances from working immigrant families is such a lucrative business that progress is measured in very small steps.  We were delighted to take one with Scotia Bank when they announced in Toronto that they were lowering costs for remittances from their account holders using a combination of their online access and [...]

Colors and Dawn on the Marcala Mountains

Marcala           In an afterthought I had thrown a small flashlight in my bag.  You never know.  As Tim sings, “there’s the cowboy in us all,” and with me there’s still a boy scout deep down riding alongside I guess.  Good thing.  We had driven up the mountains from Marcala in pitch dark to where our [...]

Poor Give More

Ocean Springs The poor are more generous that the rich, and in fact the poorer you are, the more likely a larger portion of your income is given to others. For the poor experience drives empathy and action. For the rich it turns out that talk is in fact cheap.