Immigrants sent a record amount of money home to sub-Saharan African countries in 2017
Money sent by immigrants to their home countries in sub-Saharan Africa reached a record $41 billion in 2017.
Numbers, Facts and Trends Shaping Your World
Money sent by immigrants to their home countries in sub-Saharan Africa reached a record $41 billion in 2017.
Although most Americans back a higher minimum wage, wide disparities in local living costs make finding an appropriate rate difficult.
The Trump administration’s plans to impose $50 billion in tariffs on Chinese imports, as well as tariffs recently placed on imported steel and aluminum and on imports of solar panels and washing machines, mark a distinct break from decades of U.S. trade policy, which long has generally favored lower tariffs and fewer restrictions on the movement of goods and services across international borders.
Remittance flows decreased worldwide for a second consecutive year in 2016, the first back-to-back decline in over three decades. Remittances to Latin America and the Caribbean, however, rose to a record high.
The highest U.S. tariffs aren’t on imports from its biggest trading partners, but on products from several developing South Asian nations whose exports are heavily weighted toward clothing, footwear and other products that the U.S. generally taxes highly.
Average tariff rates, while useful for comparison, can obscure the wide range of rates imposed on different classes of imports and on specific products.
Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession.
While the idea of raising the minimum wage is broadly popular, efforts to do so at the national level have stalled. We gathered key facts looking at the issue.
Worldwide, an estimated $582 billion was sent by migrants to relatives in their home countries in 2015, a 2% decline from 2014.
The renewal of diplomatic and economic ties has drawn widespread support in the U.S., but significant partisan differences on the future of the relationship between the two countries remain.
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