Economy / Economy newsBreaking1 d ago
Kenyan Remittances Dented by New US Tax, Fallout from Iran War
Remittance flows to Kenya could decline this year for the first time since 2009, as a new US tax on money transfers and headwinds from the Iran war stunts the nation’s largest source of foreign exchange.
Read the full story at the source·Bloomberg
Tools touched by this news — now
More news in Economy / Economy news
US Heading for a Slowdown, Not a Recession, Says Crossmark’s Fernandez‘My husband suffered a massive stroke at 53’: I’m 64 and will rent…The AI boom is getting all the attention. We’re about to find out how the rest of…Blood clots are ‘incredibly common,’ even for pro athletes like Jalen…A Giant Debt Quandary Now Looms Within the US Political HorizonECB’s Rehn Says French Spread to Germany Has Widened ‘Somewhat’