Remittances from overseas diaspora constitute a vital part of the economy of many developing nations, none more so than Somalia, where the inflows add up to more than foreign aid and investment combined. But analysts warn the industry is poorly understood by regulators and banks — and its precarious nature puts the welfare of millions of people at risk. Henry Ridgwell reports.
Trade ministers from the United States, Canada and Mexico wrapped up a contentious fourth round of talks this week, aimed at modernizing the North American Free Trade Agreement. But the Trump administration’s proposals to reshape NAFTA have some trade analysts wondering if the 23-year-old trade pact can survive. Mil Arcega has more.
For the last year, the deli that Egyptian-American Hatem El-Gamasy owns in Queens, New York has been the backdrop to on-air discussions on U.S. foreign policy and Middle Eastern affairs that are broadcast in Egypt. But when Egyptian broadcasters caught wind of his daytime job, the calls suddenly stopped. But VOA’s Ramon Taylor reports that El-Gamasy’s dream to achieve journalistic success carries on.