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World Bank: Remittance Flows Slow

The global flow of remittances declined in 2016 for the second year in a row, potentially reducing access to health care, education and food for millions of families in developing nations. Friday's report from World Bank experts says migrants sent $429 billion from wealthy nations back to their home countries during the year. That is a drop of 2.4 percent from the previous year. Falling oil prices in commodity exporting nations and weak economic growth in Europe took a toll...

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