Financial contributions from migrants remain substantial, and remittances are projected to reach $905 billion, including $685 billion to low and middle-income countries, says the new World Migration Report.
Restricting migration does not stop people from moving. It often pushes them into more dangerous routes.
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Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.