Global Current Event

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Category: Business and Industry

Date Submitted: 11/22/2010 06:32 PM

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DeBorder Gram is an American money transfer service that caters to customers that have family living in Mexico. DeBorder Gram works closely with specially chosen agents located in largely Mexican populated areas within the United States. These locations include Florida, Texas and several locations within Mexico. We provide quick, convenient and affordable ways to send and receive money between loved ones residing in the United States and Mexico. Our closest competitors are Money Gram and Western Union, but DeBorder Gram uniquely services the growing Mexican population, and is the only money transfer that offers monthly service accounts (MSA). MSAs allows customers to establish accounts with DeBorder Gram that work directly with their banks to make monthly deposits and withdrawals for consistent and regular monthly transfers to their loved ones in Mexico.

Global Current Events

Mexico’s economy is intimately and profoundly connected to North America’s trade and economic development as it relates to business. There is a saying that goes; ‘When the United States sneezes, Mexico catches pneumonia.’ This means that America’s actions can drastically affect the economic growth and development the Mexican economy. The United States economic downturn and contracted Gross National Product (GDP) that have resulted in the current recession is a great indicator of the health of Mexico's economy as well. The free trade agreements with the U.S. and Mexico have been a source of strength to the partnership of the two democratic Countries. The U.S. and Mexico are partners in NAFTA, and enjoy a broad and expanding trade relationship.

The relationship between the U.S. and Mexico have a direct impact on the lives and livelihoods of millions of Americans--whether the issue is trade and economic reform, homeland security, drug control, migration, or the promotion of democracy. The scope of U.S.-Mexican relations also entails extensive commercial, cultural,...