In 2021, Mexico is continuing to struggle with the spread of the Covid-19 virus, but is already showing some positive signs of economic recovery. Over the last few weeks I’ve tweeted a number of news stories highlighting current political and economic trends in Mexico.
On September 3, I tweeted this Insight Crime story on Mexico’s record-breaking levels of remittances. The article explains that Mexico’s Central Bank (Banco de México – Banxico) reported that more than $28 billion in remittances have been sent to Mexico from the U.S. during the first seven months of 2021, up 23% from 2020. The jump in remittances, the Insight Crime report explains, could be driven in part by higher levels of money laundering.