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Impoverished Haiti Slips Further as Remittances Dry Up

Mon, Apr 20, 2009

Banking

PORT-AU-PRINCE, Haiti, April 16 — The U.S. economic crisis touched down recently in the dusty town where Marie Rosita Simon ekes out a living selling sandals. Her brother, a New Jersey cabdriver, slashed his monthly $400 transfer to her by half because his business was off.

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