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Massive market for cross-border P2P payment

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 Insights

08-Jan-19 The market for cross-border person-to-person remittances was worth USD689 bn in 2018, more than Saudi Arabia's GDP. It is experiencing double-digit growth as people migrate in search of economic opportunities or to escape political upheaval in their home country. [image: The World Bank / PaymentsSource]

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China’s billions are powering Latin America’s tech boom

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 Insights

08-Jan-19 With growing emphasis on telecommunications, Chinese investment is increasingly the primary fuel behind Latin America’s tech boom. Beijing wants deals with countries that are resource-rich and have growing consumer demand, such as Colombia, Mexico, Argentina, Chile, Peru and Brazil. [image: Nelson Ching / Bloomberg]

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Qatar acquires Mexican acreage after OPEC split

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17-Dec-18 Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as Qatar expands after leaving OPEC. Global oil majors are attracted to the Mexican side of the Gulf as new blocks are opened for development. [image: Chris Ratcliffe / Bloomberg]

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Middle East and Africa lead region for medical tourism growth

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 Insights

02-Nov-18 The global medical trend continues to edge upwards in the larger medical markets such as Brazil, China, India, Mexico and the UAE. The largest increases will be seen in the Middle East and Africa where the  trend increased to 9.9%. [image: Willis Towers Watson]

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Crocs to close last manufacturing plants, in Mexico and Italy

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 Insights

09-Aug-18 Crocs has announced it is closing the last of its manufacturing sites, which is in Italy, having already closed its Mexico site in Q2. But the footwear company asserted that it was not going out of business. [image: Michael Brochstein / SOPA Images / LightRocket / Getty Images]

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