Money transfers go mobile for migrant workers
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Wireless remittance scheme targets unbanked 3GSM The GSM Association has teamed up with Mastercard to launch a pilot program to make it easier for international migrant workers to send money home.â¦
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Migrants around the globe sent more than $300 billion to their home countries last year, a "staggering" sum that surpassed foreign development aid and foreign direct investment and carries major development potential for poor nations if properly channeled, a report says.
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Governments cannot prevent inexorable job migration
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WARSAW (Der Spiegel) -- Young Polish workers have flocked in the hundreds of thousands to the UK, Ireland and Sweden to find work since Poland's EU entry in 2004. Now Poland is faced with a serious lack of skilled workers and Warsaw wants to entice them back home. One of Poland's biggest exports since joining the European Union has been its own people. But now Warsaw has decided the brain drain needs to be reversed and the government has launched a campaign to entice the migrants to come back home. Get the whole story here
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MADRID, Sep 21 (IPS) - Supporting the private sector in Africa, as Spanish  businesses agreed to do this week, and combating people  trafficking mafias is the way to promote development and prevent  brain drain from African countries.
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Travellers carrying more than 10,000 euros will have to declare the cash when entering or leaving the EU, finance ministers decide.
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Business & money: Business sees new ways of reaching consumers - and their own workers.
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As the most able-bodied workers leave for the US, poorer Mexicans are moving to take their place in the fields.
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The first minister launches the latest phase in the scheme to bring people from overseas to work in Scotland.
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Mobile phones are about to become the simplest and quickest way to transfer money across borders, under a deal announced yesterday by Western Union and GSM Association, the main mobile phone operators' body.
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People who send money abroad to friends and relatives are being offered more reassurance.
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BOGOTA, Colombia  - Colombia will require banks  and money changers to report all international transfers of  more than $200 starting next year to help combat drug money  laundering and "narco terrorists" and control the strength of  the peso.
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An EU agency has started helping Malta deal with an influx of African migrants - but more resources are needed.
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Migrant workers around the world need more protection when conflict breaks out, a key international organisation says.
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More than 200 Bangladeshi migrant workers who claim their employers underpaid and abused them have sought refuge outside their country's embassy in Malaysia, an envoy said.
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Thousands of Palestinian workers left postal banks carrying crisp &#36;100 bills Monday, their first payday since March, as the Hamas-led government dipped into suitcases full of cash its officials carried into Gaza to circumvent a Western aid cutoff.
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A payment system that allows users to spend cash via their handsets is launched across the UK.