Record $23 billion sent to Mexico in 2006 Mexican immigrants sent a record amount of money back to their homeland in 2006 – $23 billion. Together with the growing number of migrants, the decreasing cost of sending money to Mexico is a factor in the continuing increase. Mexico’s Central Bank noted in its quarterly report that the reduced costs to send money – due to greater competition by banks and other businesses – are a reason for the increase. In recent years, U.S. banks and other businesses have tried to capture the money transfer business. In 1999, the cost to
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Satellites will help Mexicans sneak Across U.S. Border Apparently, Illegal aliens crossing the U.S.-Mexico border will be given hand held GPS devices by Mexican authorities to help them survive their illegal entry into the US. (GPS stands for global positioning system and use orbiting satellites to navigate ships at sea and cars on our highways. The devices can be programmed to provide precise, turn by turn directions and are accurate to within a few meters) Migrants who get lost or sick during the four-day crossing will be able to activate the high-tech device to alert police on both sides of
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