Migrant workers are sending money home again

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A link from Wall Street Journal

Migrant workers abroad sent more money to their families in the developing world last year than in 2010, and they are expected to transfer even more cash home this year despite economic uncertainty. The U.S. leads the world as the biggest source country for remittances, much of it sent home by the millions of Latin Americans working in the country. All told, the world’s 215 million international migrants transferred about $372 billion to developing countries in 2011 compared with $332 billion in 2010, according to the World Bank. The bank projects remittances will reach $399 billion this year and $467 billion by 2014.